Raleigh, N.C. — The Preiss Co. (TPCO) has announced several promotions across the company’s property management platform. Sara Clark has been promoted to executive vice president of property management. In her new position, Clark will be responsible for overall property
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Raleigh, N.C. — The Preiss Co. has recapitalized Campus Edge, a 546-bed student housing community located near North Carolina State University’s Centennial Campus in Raleigh. Preiss is set to begin a multi-million dollar improvement plan at the property imminently, which
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Raleigh, N.C. — The Preiss Co. (TPCO) has acquired Valentine Commons, a 928-bed student housing property located near the North Carolina (NC) State University campus in Raleigh. Located steps away from campus at 3009 ME Valentine Dr., the property features
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Winston-Salem, N.C. — Champion Real Estate Co. has purchased Villages at Wake Forest, a 75-unit portfolio comprising single-family homes and duplexes located across the street from Wake Forest University. Scott Clifton and Stewart Hayes of JLL represented Champion and the undisclosed
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Starkville, Miss. and Greenville, N.C. — Nitya Capital has acquired two student housing communities in Mississippi and North Carolina. The properties offer a total of 1,829 beds. In the first transaction, Nitya acquired an undisclosed property in Starkville, Mississippi, from
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Raleigh, N.C. — The Preiss Co. (TPCO) has hired Whitney Kidd as senior vice president of innovation and technology. In her new role, Kidd will be responsible for the development of revenue generating technology initiatives serving the Raleigh, North Carolina-based company’s
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Charlotte, N.C. — A joint venture between Cardinal Group Cos. and TPG Real Estate Partners has acquired Arcadia Student Living, a 765-bed community located near the University of North Carolina at Charlotte. Built in 2015, the community is located one mile
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Raleigh, N.C. — The Preiss Co. (TPCO) has promoted John Preiss to president. In his new role, Preiss will oversee executive leadership and foster the company’s growth in both the student and conventional multifamily sectors. Since joining the company in
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Knoxville, Tenn. and Greenville, N.C. — Realco Capital Partners (RCP) has sold two student housing communities totaling 1,350 beds. Dispositions include Quarry Trail, serving students attending the University of Tennessee in Knoxville; and Carolina Creek, located near East Carolina University
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Durham, N.C. — Corvias has completed the development of three residential buildings totaling 3,300 beds for students and residence life staff at North Carolina Central University in Durham. The project includes the George Street Residential Complex, offering semi-suite units for
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Greenville, N.C. — Capstone Real Estate Investments (CREI) has sold University Park Apartments, a 246-bed community serving students attending East Carolina University in Greenville, to Keystone Management Co. The property was originally acquired by CREI in 2015 and underwent significant
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Austin, Texas — Newmark has brokered the sale of a four-property portfolio of mid-rise student housing properties totaling 1,441 beds. The properties are situated adjacent to public universities in the Southeast and Illinois. Ryan Lang, Jack Brett, Ben Harkrider, Tim
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