Ares and Scion Group acquire student housing portfolio for ~$435M

Ares Management (ARES) real estate funds and The Scion Group  acquired a four-community, 2,316-bed student housing portfolio from SCHENK+ for ~$435M, the companies said Tuesday. The portfolio serves ...
CNN

Trump says Small Business Administration will take over Department of Education’s student loan portfolio

President Donald Trump said Friday that the Small Business Administration will absorb the Department of Education’s massive student loan portfolio as he seeks to dismantle the agency and shift more ...
The Real Deal

Morgan Stanley JV pays $1B for student housing portfolio

Morgan Stanley is adding to its student housing portfolio. Morgan Stanley Investment Management and partner Global Student Accommodation acquired an eight-property, 6,200-bed student housing portfolio ...
The Hill

Democrats seek to halt Trump’s reported plan to sell off student loan portfolio

More than 40 Democratic lawmakers are highlighting and trying to prevent reported Trump administration plans to sell the government’s student loan portfolio to the private market. Last month, Politico ...