The Preiss Company Announces More Than $1.04 Billion in Student Housing and Conventional Transactions

The Preiss Company Announces More Than $1.04 Billion in Student Housing and Conventional Transactions

Jan 03, 2022 by College & University Pressroom

Key Facts

  • RALEIGH, N.C.--()--Officials at The Preiss Company (TPCO), one of the nation’s largest, privately-held, student housing owner-operators, today announced that the company had completed $1.04 billion in student housing transactions during 2021, making it a record year for TPCO.
  • “Our management portfolio encompasses management services on both owned assets, as well as third-party assets” > > Tweet this “By virtually all measures, from number of acquisitions to total spending, 2021 was a record year for The Preiss Company,” said John Preiss, chief investment officer, TPCO.

  • Began construction on Nashville, a 105-unit property located proximate to Vanderbilt University and Belmont University on the historic Signature Music Row, with an expected opening date in 2023 “Our development pipeline remains full, and we hope to make additional new development announcements in the coming weeks,” Folckemer noted.
  • About The Preiss Company Celebrating its 33rd year, Raleigh, North Carolina-based, The Preiss Company specializes in the development, acquisition and management of off-campus student housing.

Click To Read Full Article

INFRASTRUCTURE
PERSON
GEOGRAPHY
MONEY
PERCENT
ORGANIZATION
MISCELLANEOUS

This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.

Was this content valuable for you?