The Preiss Company - Market Research Report

Company Overview

• Name: The Preiss Company

• Mission: The mission of The Preiss Company is to foster communities that inspire and empower individuals to be the best version of themselves.

• Founded: 1987

• Founder: Donna Preiss

• Key People:

• Donna Preiss - Founder & Chief Executive Officer

• Kirk Preiss - Principal

• John Preiss - President

• Adam Byrley - Chief Operating Officer

• Susan Folckemer - Chief A&D Officer

• Chad West - Chief Financial Officer

• Kyle Barger - EVP of Construction Management

• Sara Clark - EVP of Property Management

• Dewana Falks - EVP of Property Management

• Chloe Rasmussen - VP of Property Management

• (Additional key personnel listed in the document)

• Headquarters: 1700 Hillsborough Street, Raleigh, NC 27605

• Number of Employees: Approximately 500

• Revenue: No information is available

• Known For: The Preiss Company is recognized as a leader in the ownership and management of multifamily and student housing communities nationwide and is the largest woman-owned student housing company in the country.

Products and Services

• Property Management: Manages a vast portfolio of properties, emphasizing creating a thriving atmosphere for residents.

• Acquisitions & Development: Specializes in ground-up development and asset acquisitions with a dynamic underwriting approach.

• Branding, Design, & Marketing: Offers in-house graphic design and digital marketing support for properties.

• Accounting & Finance: Provides accurate and timely financial packages, including property tax mitigation and insurance management.

• IT Support & Tech Services: Offers company-wide hardware and software support, information security, and strategic technology solutions.

• Construction Management: Specializes in renovation and remodeling of student housing and multifamily assets.

Recent Developments

• Acquisitions & Expansion: Achieved significant growth and expanded portfolio with acquisitions near the University of Alabama and the University of Kansas in 2024.

• Rebranding Initiatives: Announced acquisition and rebranding of Elevate 231 to The Collective at Columbia.

• Property Developments: Unveiled a premier 105-unit multifamily development at Signature Music Row in Nashville’s Music Row.

• New Features: Expanded self-guided tours with Tour24.

• Recognition: Named a top-ranked employer in the Best Places to Work Multifamily Awards®.

• Property Management Growth: Added 2,664 beds during the first quarter of 2024.

Miscellaneous

• Portfolio: Holds a varied national portfolio across 12 states, managing 30,000 total beds.

• Community Engagement: Promotes community outreach through event programming and philanthropic efforts.

• Diversity & Inclusion: Established a DEI council in 2021 to encourage diversity, equity, and inclusion in the workplace.

• Employee Testimonials: Employees highlight opportunities for growth, a collaborative workplace environment, and a supportive culture that has become like family.

This concludes the market research report on The Preiss Company based on the available data.