Firm Wire items are announcements made by the firms themselves. The desk confirms that the announcement was published and reproduces its factual content. It does not verify the claims in it, and publication is not an endorsement.
Kirkland says it advises Ares on approximately $435 million student-housing purchase
Kirkland & Ellis announced that it had advised Ares Management on a four-community student-housing acquisition from SCHENK+. The firm said Ares real estate funds partnered with The Scion Group on the approximately $435 million transaction, covering 2,316 beds serving students at universities in Georgia, Tennessee and Texas.
Key points
- Kirkland identified the universities as Georgia, Tennessee and Texas State.Kirkland & Ellis
- The firm named Michelle Kelban, Kimberly Lucas and Amy Klug among its real-estate lawyers.Kirkland & Ellis
- The announcement identified Jessica Sicsu as a transactional-liability adviser.Kirkland & Ellis
- Kirkland said Sam Dykstra and Caitlin Meagher-Kreisel advised on environmental matters.Kirkland & Ellis