CHICAGO--(BUSINESS WIRE)--The Scion Group today announced the appointment of Monte J. Huber, a 25-year veteran of corporate finance, as the company’s first-ever chief financial officer. Huber will be responsible for financial reporting, accounting and asset management activities on behalf of The Scion Group, Scion Advisory Services and Scion’s national portfolio of student apartment communities.
Huber joins a corporate leadership group at Scion that includes Avi Lewittes, chief investment officer, and Mitchell Smith, chief operating officer, to establish the student housing industry’s most robust and experienced executive management team.
Huber was selected through a national search process. He has 25 years of experience and is a seasoned finance executive with a deep accounting background, having served the past six years in the roles of chief accounting officer, chief financial officer and senior vice president of strategic initiatives for Blackstone at its multi‐family platform (LivCor) and its asset management platform (Revantage Corporate Services), where he was closely involved in $16 billion of acquisitions and $7 billion of dispositions. He previously held positions at Equity Residential (EQR) and Strategic Hotels & Resorts.
“We are thrilled to welcome Monte to Scion,” said Scion’s president and co-founder, Rob Bronstein. “His experience will add significant capability, sophistication and strength to our executive team. He’s proven his skills at the highest quality firms and came strongly recommended by respected industry professionals.”
About the Scion Group
Scion is the largest privately held owner and operator of student housing communities in the United States, and is North America’s leading advisor on higher-education campus housing. The company’s current portfolio includes 86 properties comprised of approximately 58,200 beds, mostly off-campus but also including management of two university-affiliated communities. Scion has focused exclusively on the student housing sector since its inception in 1999 as an advisor, owner and operator, and has invested in more than $6 billion of student housing projects. For more information, please visit www.thesciongroup.com.