Scion Founder Bronstein’s Lincoln Park Home Slashed To $7M

A Lincoln Park home, tied to student-housing developer Scion Group’s Rob Bronstein and his wife, was listed again after a price cut to $6.95 million on Wednesday, according to a Zillow listing.

The 9,500-square-foot mansion at 1878 North Orchard Street first hit the market in July 2025 at $8.79 million, making it one of the priciest listings in the neighborhood at the time. Since then, the price has been cut three times in one year, according to Zillow: once in September 2025 to $7.9 million, and again in March to $7.5 million. It currently averages $731 per square foot, down from $955 per square foot last July.

The price cuts come amid steep buyer competition in North Side neighborhoods such as Lincoln Park, where steady interest has resulted in significant bidding wars over scant inventory. Average homes in the neighborhood sell for about 6 percent above list price and stay on the market for about 34 days, according to Redfin market data from the last three months.

The Bronsteins built the three-story, single-family home in 2018 on a 4,716-square-foot lot they bought the year prior, according to Cook County records. The property was valued at $5.18 million by the Cook County Assessor’s office in 2025. The six-bedroom, eight-bathroom greystone-style mansion is being marketed by Susan Miner of Premier Relocation. Neither Bronstein nor Miner responded to requests for comment.

Robert Bronstein co-founded Scion Group with his brother, Eric, in 1999, growing from a two-person consulting firm into a 1,700-employee student housing empire, according to the company website. The firm has a presence in 36 U.S. states with more than $11 billion in assets under management. The Chicago-based firm recently announced a deal to acquire Atlanta-based Student Quarters for approximately $1.5 billion later this year. This would add 13,000 beds, expanding its portfolio to 190 properties and almost 118,000 beds.