Raleigh, N.C. — The Preiss Co. has recapitalized a portfolio of five undisclosed student housing properties. The communities span 3,700 beds and serve students attending The University of Texas at Austin, North Carolina State University, Texas State University, The University of Florida and Indiana University. Details of the recapitalization were not released. As part of the recapitalization, all five properties will undergo renovations to shared amenity spaces. Planned upgrades include the addition of modern furniture, updated finishes and state-of-the-art fitness equipment. Several properties will also receive unit interior renovations including the …
