Robert Bronstein co-founded The Scion Group and over 17 years has lead the company’s evolution from a two-person consulting firm to North America’s leading privately-held owner, operator and advisor of student housing. Scion has participated in the acquisition or development of over 70,000 beds of student housing, totaling more than $6.0 billion of project value. The company has also acted as an advisor to colleges and universities, foundations and private-sector providers in more than 200 campus markets, representing an additional $5.0 billion of project value.
Scion is currently the largest privately-held owner/operator of student housing in the United States. Scion controls in excess of $5.0 billion of student housing assets, comprising nearly 59,000 beds in 90 communities and supported by a staff of over 1,700.
In early 2016, Scion announced one of the largest private equity commitments in the sector’s history – a $1.5 billion+ equity partnership with sovereign wealth and pension funds of Singapore (GIC) and Canada (CPPIB). The initial investment of this partnership, completed in June 2016, was the $1.3 billion acquisition of University House Communities, then a subsidiary of publicly-traded REIT InvenTrust Properties. Subsequent to this initial investment, the partnership has completed an additional $2.7 billion of transactions in 2017.
Robert earned a B.A. in Economics from the University of Michigan. He has served on the board of Kids Kicking Cancer since 2008 and was instrumental in the creation of a Chicago-area chapter. He lives in Highland Park, IL with his wife Rosellene and three children Mia, Nate and Sydney.