The new Riverside was created when the property was purchased in December 2009 by The Scion Group LLC , an innovative national leader in high-quality student living. Scion operates over 6,300 beds of student-focused residences at eight campuses, specializing in upscale properties with a commitment to positive residence life.
Prior ownership thoroughly renovated the clubhouse, grounds and all building exteriors in 2009. In 2010, the new ownership, which includes significant equity from Real Estate Capital Partners, invested over $1.5 million in improvements to the apartment interiors, making Riverside the most stylish and desirable community in greater Columbia. The Riverside management team is local, experienced and focused on customer service. Multiple staff members live on-site and can respond 24x7 in an emergency.
Scion is based in Chicago and has advised colleges, universities and private residential developers on over 100 campuses across the United States and in Canada, Mexico and the U.K. In addition to Riverside, Scion also operates The Reserve at Clemson at Clemson University, River Club at the University of Georgia, Cambridge@Southern at Georgia Southern University, 42North at the University of South Florida, The Lofts at Wolf Pen Creek at Texas A&M University, ONE at the University of Illinois and Stepping Stone Properties at Illinois State University.
