Austin, Texas — Scion Student Communities — a joint venture between the Canada Pension Plan Investment Board (CPPIB), GIC and The Scion Group — has acquired MUZE in Austin. The newly developed, 502-bed community was designed by Rhode Partners and serves students attending the University of Texas at Austin. The property offers one-, two-, three-, four- and five-bedroom units with shared amenities including a rooftop pool, sky lounge and study and recreation spaces. A partnership between Kayne Anderson Real Estate and Parallel sold the community for an undisclosed price. “We …
