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Real Estate Executive to assist in establishing policy and fundraising

RALEIGH, NC – June 7, 2010 — The Preiss Company is proud to announce that company founder and CEO, Donna Preiss, has been appointed to the Board of Directors of the Wake Tech Foundation. The Foundation manages private investments to serve Wake Tech students, faculty, and staff and connects private citizens, alumni, and corporate donors who are critical to the success of the college. 

Preiss was selected for Board membership because of her business acumen and extensive ties to the community. Throughout her career, she has participated in the development and acquisition of 11,000 multi-family beds and secured lending for just under $400,000,000 in development and investment property. Preiss has been recognized as one of the Triangle’s most successful professional women and currently serves on the Board of Directors of the SPCA, the National Multi Housing Council, and the Raleigh Chamber of Commerce. She also serves on the Raleigh Chamber of Commerce Advisory Board and is a member of the NAA National Student Housing Committee, the NMHC National Student Housing Committee, and the Women President’s Organization.

Also appointed to the Foundation Board was Barry Long, Sales and Marketing Manager for Millennium Print Group. Preiss and Long join current Wake Tech Foundation board members Matthew Black, David Campbell, Elizabeth Clay Bradley, W.H. “Bud” Coggins, Linda Coleman, Mort Congleton (ex-officio), Joe Cooper, Mike Desmond, Judy Fourie, Lawrence Hamilton, Jill Heath, Clyde Holt, Jim Ingram, Gary Jordan, John McKinney, Arne Morris, Jim Perry, Gloria Potichko, Al Schnaidt, Dr. Stephen Scott (ex-officio), Rachel Selisker, Ed Turlington, Elmo Vance, and Walter Wells.

Potential new members of the Foundation Board are first approved by a nominating committee and then voted on by the entire Board. Responsibilities of board members include establishing policy, raising and managing funds, fostering relationships with potential donors, and supporting the objectives of Foundation staff. Members of the Foundation’s Board of Directors serve three-year terms. 

About The Preiss Company
Founded in 1987 by Donna Preiss, The Preiss Company specializes in the development, acquisition, and management of student housing. The company employs over 200 team members and is one of the largest providers of off-campus student housing in the United States. TPCO is the leader in the development of new technologies, tools, and strategies for the student housing industry and also acts as a receiver for several national banks. In its 23rd year, the company has formed over 50 partnerships and developed over 20 projects stretching from Maryland to Texas. For more information, visit www.tpco.com. 

About the Wake Tech Foundation
The Wake Tech Foundation’s mission is to partner with corporations, foundations, and individuals to support Wake Technical Community College’s institutional and instructional needs. In the 2008-2009 school year, more than 200 students continued their education with the help of a Foundation scholarship or emergency financial assistance loan. To date, nearly 200 employees have received financial assistance to pursue their bachelor’s or master’s degree, doctorate, certificate, licensure or other professional development through the Foundation’s tuition assistance program. For more information, visit http://foundation.waketech.edu.