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Chad West Joins The Preiss Company as Associate Vice President of Accounting

New hire brings 15 years of financial experience to Raleigh student housing company

RALEIGH, NC – September 17, 2012 – The Preiss Company announced today that Chad West has joined the company as Associate Vice President of Accounting. He will be responsible for accounting activities relating to the company and all of the properties managed by the company.

West brings 15 years of experience in the areas of accounting and finance relating to diverse industries. Prior to joining The Preiss Company, he worked seven years for PricewaterhouseCoopers as an audit manager serving construction, manufacturing, and real estate clients. West also spent eight years serving as controller for several private companies, primarily in the construction industry, with revenues of up to $30 million.

“The Preiss Company is positioned well in the student housing niche of the real estate development and property management industry,” says West. “I am excited to be part of a dynamic, experienced management team and a growing, successful company.”

Company Chief Financial Officer, Joe Green, says, “Chad is a great addition to the company’s leadership team. With his strong background in accounting and finance and his knowledge of the construction industry, he is well suited to help The Preiss Company achieve its goals.”

West earned a Bachelor of Science in Accounting from Bryant University in Smithfield, Rhode Island and holds a Certified Public Accountant license in both Connecticut and North Carolina.

The Preiss Company currently operates in eight states (North Carolina, South Carolina, Georgia, Alabama, Maryland, Illinois, Texas, and Pennsylvania) and in 11 markets. The company has been a multi-year recipient of the Raleigh Chamber of Commerce's coveted Pinnacle Business Award, winner of the Metro Bravo Award for Residential Real Estate, and winner of the Triangle Fast 50 Award for fastest growing company.

Founded in 1987, The Preiss Company specializes in the development, acquisition and management of off-campus student housing. The Raleigh-based company is the nation’s fifth largest privately held and largest woman-owned owner and operator of private student housing. The company’s portfolio currently comprises approximately 15,000 beds located in eight states and eleven markets.

Press Contact:
Amy Barger, Vice President of Marketing
The Preiss Company
(919) 291-9224