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The Preiss Company Led Investment Group Acquires 304-Unit View at Legacy Oaks Apartments in Knightdale, North Carolina


KNIGHTDALE, NC - Officials at The Preiss Company (TPCO), one of the nation’s largest, privately-held, student housing owner-operators, Township Capital, Inc., and a private equity real estate fund advised by Crow Holdings Capital announced the joint-venture acquisition of the 304-unit conventional multi-family housing complex, View at Legacy Oaks, for an undisclosed amount.
“We have been working with Crow Holdings over the past nine months to identify value-add and core+ multi-family acquisitions in key southeastern markets,” said Susan Folckemer, chief acquisitions & development officer, TPCO. “This is our ninth joint-venture with Crow Holdings, and we look forward to expanding our investments with them and adding to our market-rate portfolio. We anticipate that this will be the first of several market-rate acquisitions and development announcements this year.” ....

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