Inland Real Estate Acquisitions Purchases $327M University Student Housing Portfolio
Inland Real Estate Acquisitions LLC, the purchasing arm for various Inland-sponsored programs including Delaware statutory trusts, officially announced the acquisition of a three-property student housing portfolio with The Scion Group. The portfolio is comprised of more than 1,800 beds across purpose-built student housing communities serving the campuses of Purdue University, Baylor University, and the University of Virginia.
Inland purchased the three-property student housing portfolio for a total of $327 million.
“Student housing properties remain among the most compelling acquisition opportunities,” said Mark Cosenza, senior vice president of Inland Acquisitions. “Fueled by consistent demand for respected institutions like Purdue University, Baylor University and [the] University of Virginia, each known for their strong academic programs and vibrant campuses, we believe these assets offer long-term stability and growth potential.”
Fuse at Purdue University in West Lafayette, Ind., is a five-story, 229-unit, 489-bed property located at 720 Northwestern Ave., directly across the street from Purdue’s Mackey Arena and Ross-Ade Stadium complete with a clubhouse, game room, yoga and dance studio, terrace and outdoor lounge, fitness center, business center with private study rooms.
View on 10th at Baylor University in Waco, Texas, is a 257-unit, 718-bed student housing complex at 1001 Speight Avenue. It offers a clubhouse and lounge, 24-hour fitness center, business center with private study rooms, a resort-style pool, grilling stations, a hot tub, and cabana lounge.
The Flats at West Village at University of Virginia in Charlottesville, Va., located at 852 West Main St., is comprised of 219 units and 622 beds. The eight-story property, of which Inland Acquisitions purchased for $107 million, includes a clubroom with TV lounge and gaming area, fire pits, grill stations, 24-hour fitness center, pool and hot tub, terrace and outdoor lounge, and a business center with private study rooms.
“This acquisition with Inland is a meaningful step in our long-term growth strategy and the continued expansion of our platform,” said Avi Lewittes, chief investment officer of The Scion Group. “We’re pleased to complete this transaction with Inland and remain focused on delivering a superior residential experience and attractive investment returns for Inland’s constituents.
Scion is an owner/operator of off-campus student housing communities globally. In October 2025, AltsWire reported that Inland Real Estate Investment Corporation, i.e., Inland Investments, and Scion had announced a strategic relationship focused on operating off-campus purpose-built student housing properties owned by Inland Investments’ affiliates and located at national universities. Scion’s current portfolio consists of nearly 98,000 beds of student accommodations in 149 communities, serving 83 college and university markets across 35 U.S. states. Scion has over $10 billion of assets under management, generating over $1 billion in annual aggregate revenues.
Since inception, Inland Acquisitions has facilitated more than $56 billion of purchases across all asset types, with a significant focus on student housing, multifamily, self-storage, senior living and manufactured housing communities.
In August 2025, Inland Investments closed the Columbia SC Student Housing DST after raising more than $128 million. The capital is supporting the ownership of Sawyer on Lincoln, a student housing property located near the University of South Carolina of which Inland Acquisitions negotiated and closed on the purchase of one year ago.
Headquartered in Oak Brook, Ill., Inland Investments, is a real estate investment manager and a member company of The Inland Real Estate Group of Companies Inc., one of the nation’s largest commercial real estate and finance groups. Inland Investments specializes in offering public and private tax-advantaged, growth and income real estate solutions spanning virtually every sector of the commercial real estate market.
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