RALEIGH, N.C.–(BUSINESS WIRE)–Officials of The Preiss Company (TPCO), one of the nation’s largest, privately-held, student housing owner-operators, today announced that John Preiss has been promoted to president. In his new role, Preiss will oversee executive leadership and continue to foster the company’s growth in both student and conventional multi-family industries. Founder Donna Preiss will continue her role as CEO of TPCO.
“Having played an integral role in making our company what it is today, John has demonstrated time and again excellent leadership and tremendous fiscal responsibility, making him the perfect person for this position,” Donna Preiss said. “I am confident that John will continue to steward TPCO in the proper direction as we pursue our aggressive growth goals.”
Since joining the company in 1998, Preiss has held a series of increasingly responsible roles, including broker, vice president, executive vice president of new business development and chief investment officer. In the CIO role, he oversaw all investments and joint ventures. He has sourced more than $10 billion in debt and equity, and since the beginning of 2021, has successfully led his team to closing approximately $3 billion in transactions. Preiss earned his Bachelor of Science in Business Administration from College of Charleston. He currently serves on the board of directors and executive committee for the National Multi-Housing Council (NMHC). Additionally, Preiss holds a CCIM accreditation and sits on the University Council for ULI.
“Over the past three decades-plus, TPCO has grown into one of the leading student housing providers in the country, allowing us to attract some of the world’s best investment partners,” John Preiss said. “Moving forward, my vision is to increase the size of our large portfolio transactions in both student and conventional platforms to catapult our operating company to the top of both industries. I look forward to helping the company achieve its next stage of growth as we begin this new phase together.”
About The Preiss Company
Celebrating its 34th year, Raleigh, North Carolina-based, The Preiss Company specializes in the development, acquisition and management of off-campus student housing. The company is ranked in the nation’s top 10 of the largest, privately held, student housing owner-operators. For more information, visit www.tpco.com.