New formation aims to take advantage of growing Triangle investment market

RALEIGH, NC – February 11, 2008 – The Preiss Company (“TPCO”), the largest off-campus student housing provider for North Carolina State University, Clemson University, UNC Charlotte, and the University of Texas in Austin, has announced the formation of their Private Investor Division. Led by Jim Morton and Bo Winn, this new division specializes in working with small to medium investors, which includes investors owning a few rental homes to those holding several hundred apartments.

“As a full-service company, The Preiss Company offers buyer representation, investor coaching, property management, property maintenance, and seller marketing services,” states Bo Winn, Director of the Private Investor Division. “We’re pleased to say that we are growing every aspect of The Preiss Company at record paces, even in the face of the current economic climate”. 

Jim Morton, Broker in Charge for the Preiss Company, says that the Triangle investment market is being watched by a lot of investors. “In my coaching and training classes around the country, I’m always amazed at how much attention is focused on our local market,” says Morton. “The Triangle area is poised for such steady growth, it would be an oversight for investors not to keep us on their radar. Ironically, many local investors have no idea what a great opportunity lies, literally, right under their feet.“ 

As a leader in the residential and student investment market, both locally and nationally, The Preiss Company is uniquely qualified to assist this segment of the market. Since 2000, the company has assisted buyers in purchasing over $300,000,000 in investment property from its corporate headquarters in Raleigh, NC. The company also operates offices in Charlotte, NC; Clemson, SC; Auburn, AL; and Austin, TX. Many more locations are slated for the near future. For more information, call Jim Morton at (919) 532-1122 or Bo Winn at (919) 532-1112.

About The Preiss Company
Founded by Donna Preiss, TPCO provides a wide range of services including acquisition, property management, disposition, development, and consulting for multi-family real estate investments. Beginning its 21st year, TPCO has formed over 50 partnerships and has been the developer or co-developer of over 20 projects stretching from Texas to Maryland. The company recently acquired their first property in Alabama—University Village at Auburn. For more information, visit www.tpco.com.