The Preiss Company Promotes Laurie Stanley to VP of Student Housing Property Management

PRLog (Press Release) - Aug. 26, 2007 - RALEIGH, NC – The Preiss Company (“TPCO”), the largest provider of off-campus student housing for North Carolina State University, Clemson University, and UNC Charlotte and the second largest provider for the University of Texas in Austin, is proud to announce the recent promotion of Laurie Stanley to Vice President of Student Housing Property Management. In her new role, Stanley will be responsible for the overall performance and profitability of the Property Management business and would establish the operational and financial goals for each market.

TPCO Founder and Chief Executive Officer, Donna Preiss, attributes the company’s industry success to Stanley’s professional work ethic.  “Without a doubt, Laurie’s positive and supportive management style has enabled The Preiss Company to become one of the leading student housing providers in the Southeast,” says Preiss.  “We hope to close on about $200 million worth of student housing over the next 12 months, and under Laurie’s direction, I’m confident that we will accomplish this goal.”

Stanley said that this is an exciting time for The Preiss Company and that she is up to the challenge of ensuring that the company remains a leader in the student housing industry.  “The Preiss Company continues to set the ‘gold’ standard in off-campus housing,” says Stanley.  “We’re changing the way people look at student housing.  By providing properties that offer high-end fixtures and amenities, state-of-the-art recreational facilities, and electronic payment capabilities, we’re offering luxury student living at an affordable and competitive price.”

Stanley joined The Preiss Company in 2002.  Her more than 15 years of real estate experience includes property management and leasing for conventional, multi-family, and student housing complexes for both new construction and stable assets.  Stanley holds a North Carolina and South Carolina Brokers License, is a Certified Apartment Manager (CAM), a Certified Apartment Property Supervisor (CAPS), and is a CPM (Certified Property Manager) candidate.

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About The Preiss Company
TPCO was founded in 1987 by Donna Preiss with a mission of maximizing real estate investor returns by helping in all aspects of real estate investment. This includes the selection, purchase, sale, exchange, and management of property.  The Preiss Company has formed more than 50 partnerships, has been the developer or co-developer of over 20 projects in North Carolina, South Carolina and Texas, and has provided residences for more than 7,000 college students annually.