The Preiss Co. of Raleigh has been on a bit of an acquisition spree lately, and this week the company added another prominent Raleigh student housing complex to its portfolio, Campus Edge near N.C. State University’s Centennial Campus. Terms of the deal were not disclosed – and as of late Wednesday afternoon the property deed… Read more »
892 Off-Campus Student Beds Near Florida Atlantic University Boca Raton, FL., January 19, 2016 – Officials of The Preiss Company, the nation’s third largest privately held owner-operator of private student housing and the 5th largest third-party management company, today announced the closing of a portfolio of three student housing properties located in Boca Raton, Florida… Read more »
Continues to Build on Strong Growth Trend, Now Industry’s Third Largest Privately Held Company DENVER, Colo./RALEIGH, N.C., February 17, 2015—Officials of The Preiss Company, the nation’s third largest, privately held student housing owner-operator, today announced that it continues to execute on its aggressive growth plan with the joint venture acquisition of The Vista, a student housing… Read more »
The Preiss Company Is Sponsor/Property Manager ORLANDO, Fla./RALEIGH, N.C., December 2014—Officials of The Preiss Company, the nation’s third largest, privately held student housing owner-operator, today announced that it acquired in a joint venture the 624-bed Orion on Orpington student housing complex near the University of Central Florida (UCF) from Orlando Student Venture, LLC for an… Read more »
Gainesville, Fla. — The Preiss Company has acquired the 240-unit, 770-bed Canopy Apartments, a student complex less than one mile from The University of Florida for $36.25 million from a private investment group. Comprised of five, three-story buildings and built in 2009, it is Preiss’ sixth acquisition in the past 12 months and brings to… Read more »
Raleigh Real Estate Company plans to spend $29M in tear down/rebuild of current off-campus apartment complex RALEIGH, NC – March 13, 2012 – The Preiss Company is pleased to announce its recent purchase of The Varsity, a 692-bed, 192-unit apartment property located 1,500 feet from the entrance of Georgia Southern University. The acquisition—led by John… Read more »
Four-story apartment complex serving NCSU students will receive over $1 million in upgrades by Raleigh real estate company RALEIGH, NC – January 10, 2012 – The Preiss Company is pleased to announce its recent purchase of The Dail College Inn, a 440-bed, 121-unit apartment property near North Carolina State University. The acquisition—led by John Preiss,… Read more »
Raleigh real estate company partners with The Collier Companies to purchase the 792-bed apartment community RALEIGH, NC – June 1, 2011 – The Preiss Company, one of the largest off-campus student housing providers in the nation, is pleased to announce its recent purchase of University Village at Champaign, a 792-bed apartment property located four miles… Read more »
Newest property marks Raleigh real estate company’s first footprint in Alamance County RALEIGH, NC – March 3, 2011 – The Preiss Company, one of the largest off-campus student housing providers in the nation, is pleased to announce its first student housing acquisition in Elon, North Carolina—The Crest at Elon. The acquisition was headed by company… Read more »
Raleigh Real Estate Company plans $1M in cap ex to enhance and update 90’s apartment property RALEIGH, NC – January 13, 2010 – The Preiss Company (“TPCO”), specializing in the development, acquisition, and management of off-campus student housing, is pleased to announce its first student housing acquisition in Georgia—University Village at Southern. The acquisition was… Read more »