The Preiss Company (TPCO), a private real estate fund advised by Crow Holdings Capital, has completed the acquisition of Aspen Heights, 598-bed student housing complex in Clemson, S.C., for an undisclosed amount.
Serving Clemson University, the property has been rebranded “The Collective at Clemson” and is undergoing major upgrades.
“Year-to-date, we are averaging nearly one major transaction a month and believe the second half of 2019 will be as robust as the first half,” said Susan Folckemer, TPCO chief acquisitions & development officer. “We continue to see favorable investment opportunities in markets across the country and have the most active pipeline ever in our 32-year history.”
The significant upgrade program will have special emphas