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The Preiss Co. Acquires Alabama Student Housing Property The owner has rebranded the community and plans to implement several upgrades. Dec182020 The Collective at Auburn The Preiss Co. and a private equity real estate fund advised by Crow Holdings Capital have acquired Aspen Heights, a 600-bed student housing community in Auburn, Ala. The buyer plans to invest in improvements at the property. Built in 2011, the community comprises two-, three- and four-bedroom apartments, with granite countertops, black appliances and washer/dryer units. Common-area amenities include a swimming pool, hot tub, outdoor fireplace, volleyball court, movie theater, game room and fitness center. ....
Significant Leadership Changes Announced Across Several Commercial Real Estate Firms CBRE expands office investor leasing group with former Cushman & Wakefield team, Trammell Crow Co. promotes three to C-Suite, and more. The Dallas-Fort Worth commercial real estate industry has seen major activity in the past couple of weeks but I am not talking about deals and transactions. Earlier this week, news broke that 30-year industry veteran Ran Holman departed his position at Cushman & Wakefield to oversee the newly rebranded Newmark’s growing presence in Dallas-Fort Worth, Houston, Austin, San Antonio, and other markets (click here to read more). The news was followed by the sudden departure of Steve Everbach from Colliers International and the naming of former CBRE executive Daniel Taylor as executive managing director and market leader of Colliers’ Dallas office (click here to read more). ....