**Morgan Stanley and Scion Group Acquire $262M Student Housing Portfolio Near Ole Miss**
Morgan Stanley Investment Management and The Scion Group have partnered to acquire a portfolio of student housing communities in Oxford, Mississippi, for a total investment of $262 million. The joint venture was represented by TSB Capital Advisors, which arranged financing for the acquisitions.
Located within two miles of the University of Mississippi (Ole Miss) campus, the portfolio includes 600 apartments, townhomes, and cottages, offering more than 2,000 beds to the growing student population.
Will Milam, Head of U.S. Investments at Morgan Stanley Real Estate Investing (MSREI), highlighted the strong performance and promising outlook for the assets:
> “The dramatic supply-demand dynamics in the region have led to notable financial performance for these assets, which we expect to continue as the university continues to experience strong enrollment,” he said.
Morgan Stanley emphasized that student housing, particularly high-quality, well-located properties close to top universities, continues to demonstrate solid fundamentals. These include resilient and counter-cyclical demand for enrollment, limited new supply, and an attractive yield profile. Investment funds managed by MSREI currently hold 43 student housing properties across the U.S., with a total of 17,700 beds.
