Representatives from The Preiss Company to Participate in RealShare Student Housing Conference
Thursday April 26, 2012
Key personnel from off-campus housing leader to serve on panels addressing current economic forecast on student housing industry
RALEIGH, NC – April 26, 2012 – Donna Preiss, Founder and CEO of The Preiss Company (TPCO), will serve on the interactive Industry Leaders session at the 5th Annual RealShare Student Housing networking conference on May 14-15 at The Four Seasons at Las Colinas in Irving, TX. Fifty leaders in the student housing community will gather for the two-day event to discuss the latest trends in the industry—from marketing and leasing to property management to debt and equity to investment and sales opportunities.
In the session entitled “Industry Leaders: The View From the Top”, Preiss will be joined by David Adelman, President, Campus Apartments; Brian Dinerstein, President, The Dinerstein Companies; Peter Katz, Senior Vice President, Institutional Property Advisors; and Ted Rollins, CEO, Campus Crest Communities. Bob Clark, President of Peak Campus Management will serve as moderator. The session will be interactive as attendees are polled on questions that impact the industry across the board—from development, operations, ownership and acquisitions. Preiss, who recently participated in the 4th Annual InterFace Student Housing Conference, says that student housing is one of the most active and healthy niche markets in commercial real estate today.
“The Preiss Company is getting quite a few requests to do student housing property management across the country,” says Preiss. “We’re working with groups that are developing new apartments, banks who have foreclosed, and investors who realize they cannot sell and must have good annual cash on cash return. We see student housing continuing to remain robust and look forward to building on our current industry accomplishments and successes.”
The Preiss Company currently operates in eleven markets and eight states: North Carolina, South Carolina, Georgia, Alabama, Maryland, Illinois, Texas, and Pennsylvania. The company operates over 15,000 beds, has experienced 30% growth in the past two years, and almost $130 million in acquisition and development in the past 12 months.
“No matter how bad the economy is, people seem unwilling to sacrifice education,” added Preiss. “We’ve personally seen this as the demand for student housing continues to remain steady and strong.” As a testament to the strength of the student housing market, The Preiss Company recently partnered with Campus Works and acquired its second student housing property in Georgia. The company plans to invest close to $30 million in capital expenditures to transform the property into a state-of-the-art student housing complex.
About The Preiss Company
The Preiss Company is currently the 5th largest privately held owner and manager of student housing in the country and the largest woman-owned student housing owner and provider in the nation. For more information, visit www.tpco.com.
Amy Barger, Marketing Director
The Preiss Company