RALEIGH, NC - Officials at The Preiss Company (TPCO), one of the nation’s largest, privately-held, student housing owner-operators, announced the acquisition of the 928-bed Valentine Commons for an undisclosed amount. The off-campus student apartment complex will undergo a $10 million renovation to further upgrade certain public and private spaces.
Ben Roelke and Ian Walker with Newmark, a global commercial real estate services provider, arranged $77,300,000 in acquisition financing.
Before students, faculty and staff return to campus for the start of the spring semester on Jan. 19, those in the NC State community need to show proof of a negative COVID-19 test completed within five days of returning to Student Health Services. From Jan. 2 to Jan. 22, over 10 testing locations will be open for use to fulfill this requirement. Those who visit these testing sites must wear a mask, come alone and maintain 6 feet of social distancing. To schedule an appointment, students must visit HealthyPack Portal or complete a Google Form. Â
Student groups that need to have proof of a negative COVID-19 test are those: