Panelists on an MHN voices webinar discussed the year ahead for student housing including opportunities and challenges in the sector and the amenities that students really want.
Preiss Company and Nuveen Real Estate Joint Venture Acquire 504-Bed Reign at The Stadium Student Housing Community in South Carolina multifamilybiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from multifamilybiz.com Daily Mail and Mail on Sunday newspapers.
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.”