The Preiss Company Adds to Student Housing Portfolio With 928-Bed Valentine Commons Off-Campus Student Housing Community
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...