The Preiss Company and Private Equity Real Estate Fund Acquire Aspen Heights Student Housing Complex Near Auburn University

AUBURN, AL - Officials at The Preiss Company (TPCO), one of the nation’s largest, privately-held, student housing owner-operators, and a private equity real estate fund advised by Crow Holdings Capital, announced the acquisition of the 600-bed student housing complex Aspen Heights for an undisclosed amount. Serving Auburn University, the property has been rebranded The Collective at Auburn and is undergoing major upgrades.
“We continue to seek quality assets located in close proximity to major colleges and universities that can benefit from material improvements and our proprietary management and marketing systems,” said John Preiss, TPCO chief investment officer. “The ‘new’ Collective at Auburn is an ideal addition to our nationwide portfolio of student housing complexes as we further target Tier 1 schools in a Power 5 conference.”

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