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2008

The Preiss Company Listed Among Triangle’s Top Apartment Property Management Companies

The Preiss Company Listed Among Triangle’s Top Apartment Property Management Companies

Current recognition marks Raleigh real estate company’s second consecutive appearance in list

RALEIGH, NC – November 3, 2008 – The Preiss Company (“TPCO”), the largest provider of off-campus student housing at North Carolina State University, Clemson University, Auburn University in Alabama, and the University of Texas in Austin and the second largest provider at UNC Charlotte, has been recognized as one of the Triangle’s top Apartment Property Management Companies by Triangle Business Journal for the second consecutive year. Companies appearing on The List are ranked by the number of units managed in the Triangle.

Company Founder and Chief Executive Officer, Donna Preiss, is proud of her inclusion on The List and explains that TPCO continues to redefine the student housing market by setting the “gold” standard of off-campus housing.

“The Preiss Company continues to lead the industry in the development of new technologies, tools, and strategies for the student housing industry,” says Preiss. “With our recent completion of nearly $5 million dollars in refurbishment for University Estates of Austin, The Preiss Company is not only looking to improve student housing in the Triangle area, but in other student housing markets as well. These initiatives are in line with our goal to increase our company’s national footprint.”

The properties managed by The Preiss Company in the Triangle are University Oaks, University Glen, University Meadows, University Woods, University Village, RedWolf Crossing, Method Townhomes, Gorman Street Village, and Collegeview Apartments, which represent a total of 577 units and 1,860 beds.

About The Preiss Company
Founded in 1987 by Donna Preiss, TPCO employs over 145 team members and provides a wide range of services including acquisition, property management, due diligence, construction management, development, and consulting for multi-family real estate investments. TPCO is currently the 12th largest off-campus student-housing provider in the nation with $350,000,000 in student housing property and acquisition. Beginning its 22nd year, TPCO has formed over 50 partnerships and has been the developer or co-developer of over 20 projects stretching from Texas to Maryland. For more information, visit www.tpco.com.

Press Contact:
Amy Barger, Marketing Director
The Preiss Company
(919) 532-1114
amy.barger@tpco.com