The Preiss Company Ranks Among Nation’s Top Student Housing Owners
Monday March 07, 2011
Recognition supports Raleigh company’s continued strength and leadership in real estate sector
RALEIGH, NC – March 7, 2011 – The Preiss Company (“TPCO”), one of the largest off-campus student housing providers in the nation, has recently been recognized by Student Housing Business Magazine as one of the nation’s Top 25 Owners of Student Housing. The Raleigh real estate company was ranked 11th based on number of beds owned, which currently stands at 7,000.
Founded in 1987, TPCO specializes in the development, acquisition, and management of off-campus student housing. The company employs over 250 team members and currently owns and/or operates properties in six states. TPCO’s Raleigh portfolio is comprised of RedWolf Crossing, University Oaks, University Glen, University Meadows, University Woods, University Village at Raleigh, and Method Townhomes, representing a total of 1,862 beds and 335 units.
Company Founder and Chief Executive Officer, Donna Preiss, is proud of her inclusion on Student Housing Business’ recent list and says 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. “We’re also beginning to expand our green efforts as well. One of our executive team members was recently awarded the National Association of REALTORS® Green Designation, which will allow us to help set the standard in student housing green efforts. Over the last two years, The Preiss Company has invested over $500,000 in green improvements, and we look forward to continuing to make our properties more environmentally friendly while helping to reduce costs.”
The company has also been recognized by Triangle Business Journal as one of the Triangle’s Top Apartment Property Management Companies. The list ranks companies by the number of units managed in the Triangle. TPCO has appeared on the list three times over the last four years.
About The Preiss Company
Founded in 1987 by Donna Preiss, The Preiss Company provides a wide range of services including acquisition, property management, due diligence, construction management, development, and consulting for multi-family real estate investments. Beginning its 24th 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 Student Housing Business Magazine
France Publications, Inc. is a growing business-to-business media company that offers an enthusiastic, creative and refreshing approach to publishing. As the leading publisher of commercial real estate magazines in the United States, France Publications currently offers 11 magazines that cater to all commercial property types to suit any reader in the industry. For more information, visit www.studenthousingbusiness.com. .
Amy Barger, Marketing Director
The Preiss Company