The Preiss Company is a privately held student housing owner-operator based in Raleigh, North Carolina. The company engages in the acquisition, development, and management of off-campus student housing. It is one of the largest providers of off-campus student housing in USA.
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History
The Preiss Company was founded in 1987 by Donna Preiss. She is the current chief executive officer (CEO) of the company. She serves on the Executive Council of NMHC, the Raleigh Chamber of Commerce Advisory Board and is a member of the NAA National Student Housing Committee. The company acquired six student housing properties in 2012-13. On 5 July 2013, it acquired the Canopy Apartments in Gainesville for $36.25 million.
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Overview
The Preiss Company is currently the 3rd largest privately held student housing provider in United States and the 5th largest 3rd party student housing manager. It is currently owning and operating properties in 17 states. Their portfolio comprises over 28,000 beds in 33 markets. Services of the company include property management; acquisition and development services, including existing acquisitions, garden development, construction management, development consulting, and ground up construction; and consulting services for on-campus and off-campus partners. The company has affiliation with National Multi-Family Housing Council, Commercial Real Estate Women, Institute of Real Estate Management, Certified Commercial Investment Member, National Apartment Association, Urban Land Institute.
Awards
- Student Housing Business Magazine's Best Creative Financing Award
- Commercial Real Estate Women (CREW) Network Impact Award
- Triangle Business Journal's Top Women-Owned Businesses
- Student Housing Business Magazine's Innovator Award
- Apartment Finance Today's "13 Most Creative Deals"
- Metro Bravo Award for Real Estate
- Top sales honors from the Triangle Sales and Marketing Council
- Pinnacle Master Award for Steady Growth and Profitability
- Triangle Business Journal's Top Apartment Property Management Companies
- Business Leader Magazine's Impact Award
References
Source of the article : Wikipedia
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