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| Donna Preiss |
BOISE, ID and RALEIGH, NC -- Officials of The Preiss
Company, the nation’s fourth largest, privately held student housing owner,
announced that it continues its strategy to expand further
into the Western U.S. after being named manager of the 539-bed Vista student housing complex at Boise State University.
The complex is comprised of two buildings, Vista East and
Vista West, which are located across the street from campus and each other, and
currently are under construction and scheduled to open for the fall 2015
semester.
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| Vista East Student Housing Complex, 1105 LaPointe Street at Boise State University, Boise, ID |
“We continue to have an aggressive appetite to add
properties throughout the country, both as a third-party manager and as an
investor,” said Donna Preiss, founder and president of The Preiss
Company.
“These properties expand our portfolio to three in the
Western U.S. and mark our seventh third-party management contract in the past
two months.
“ We are in active negotiations for other contracts on the
West Coast and expect to add to our portfolio by year-end. We are focusing on smart growth and have
grown our third-party property management portfolio by 30 percent this year.”
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| Vista West student housing, 1570 Lusk Place, Boise, ID |
Average monthly rents for The Vista will be $680 per month. Additional information for both properties
is live on The Vista website at www.vistaboise.com.
Vista East, located at 1105 La Pointe Street, offers studio,
one-, two- and three-bedroom layouts.
All suites have private bedrooms, bathrooms, full-sized washers and
dryers. Among the amenities are a
state-of-the-art fitness center, media lounge, study lounge, grilling area, hot
tub, games area and café lounge.
Vista West is located across the street from campus at 1570
S. Lusk Place.
The building will offer
studio, two- and four-bedroom options, each with private bedrooms and
bathrooms, as well as full-sized washers and dryers.
Amenities will include a study lounge, fitness center, media
lounge, games area, outdoor movie theatre, hot tub, café lounge and dog walk
area.
For more information, visit www.tpco.com.
For a complete copy of the company’s news release, please
contact:
Amy Barger
Vice President of Marketing
The Preiss Company
(919) 532-1114
