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Scion lands $556 million Fannie Mae loan for student housing portfolio

Financing backs 14 properties as investors favor markets with flagship universities
The 879-bed University House Tempe supports Arizona State University. (CoStar)
The 879-bed University House Tempe supports Arizona State University. (CoStar)
CoStar News
August 4, 2026 | 3:03 P.M.

The Scion Group, one of the world's largest student housing owners, has secured a $555.6 million floating-rate loan with Fannie Mae to refinance a 14-property portfolio spanning nine states.

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