The Scion Group - Real Estate Private Equity firm?

Does anyone know much about the Scion Group? Is this a PE firm that invests in Real Estate - primarily student housing? Can't find much information about them and in the past, I saw a job posted with the title " Real Estate Private Equity Analyst" - so I am trying to understand if this is a legit firm or they just used that title to attract candidates? Anyway - if someone can share their thoughts/experiences about this firm it will be greatly appreciated.

Thank you!

 
Best Response

They do a lot of niche investing (i.e. student housing, senior housing, tertiary work force housing) and the analysts will either support the asset manager or acquisition manager of that property type. I believe that they just had a large raise so now would be a good time for a young acquisitions guy to come in and get some reps. I think they are pretty "top heavy" over there so upward mobility may be limited. Pay probably wouldn't be great but there are few decent RE companies in Austin and this would be a good way to transition to central Texas.

 

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