Wednesday, March 8, 2017

The Preiss Company Enters Charleston, SC Market by Managing Newly Converted, 101-Bedroom, 61 Vandy Student Housing Development

Donna Preiss

 CHARLESTON, SC and RALEIGH, NC, March 8, 2017—Officials of The Preiss Company (TPCO), ranked the nation’s fifth largest, privately-held, student housing owner-operator, today announced that it has been retained to manage 61 Vandy, a 101-bedroom complex serving the College of Charleston. 

The property is in the final stages of conversion from conventional apartments to student-focused housing.

“Third-party management is an integral part of our growth plan, and this upscale property in the heart of downtown Charleston is an outstanding addition to our portfolio,” said Donna Preiss, founder and CEO, The Preiss Company.

61 Vandy Student Housing, Bedroom,
 61 Vanderhorst Street Charleston, SC
  “This is our first time working with this private investment group, and we look forward to building on our relationship and launching this exceptional project together.  

The property is completing a total makeover/conversion to a student housing-focused facility and will be one of only five purpose-built projects serving the Charleston college community.

“It also marks our entry into the important Charleston market, which is our sixth new market in the past three months,” she added.  ‘We have in-depth operating experience in the region and already are actively leasing for the 2017 school year.” 

The 61 Vandy complex is located at 61 Vanderhorst Street, two blocks from the College of Charleston, within walking distance of the Medical University of South Carolina and a short drive to The Citadel.  The five-story property consists of 33 units offering a mix of studio, two-bedroom/two bathroom, three-bedroom/two bathroom and four-bedroom/two bathroom floor plans.

For a complete copy of the company’s news release, please contact:

620 Herndon Parkway, Suite 115 | Herndon, VA 20170
Main: 703-435-6293
Mobile: 703-300-8289

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