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Preiss nabs student housing developments in Kansas, Alabama

Asking rents in both markets grew 6% over past year
Student housing property manager Preiss has purchased a pair of developments, including Riverfront Village near the University of Alabama that sold for $33.6 million. (CoStar)
Student housing property manager Preiss has purchased a pair of developments, including Riverfront Village near the University of Alabama that sold for $33.6 million. (CoStar)
CoStar News
November 19, 2024 | 6:03 P.M.

A pair of student housing acquisitions in Kansas and Alabama are adding to the portfolio of one of the nation’s largest providers of off-campus accommodations as the company looks to capture growing demand for a property type benefiting from strong U.S. college enrollment.

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