TPCO

The Preiss Company Named a Top-Ranked Employer in the Best Place to Work Multifamily® Awards

Retrieved on: 
Tuesday, January 30, 2024

Officials at The Preiss Company (TPCO) , one of the nation’s largest, privately-held, student housing owner-operators, today announced the company was voted as a “Top-Ranked Employer” in the “Best Place to Work Multifamily®” category of awards presented by Multifamily Leadership, a multifamily events, news and media platform.

Key Points: 
  • Officials at The Preiss Company (TPCO) , one of the nation’s largest, privately-held, student housing owner-operators, today announced the company was voted as a “Top-Ranked Employer” in the “Best Place to Work Multifamily®” category of awards presented by Multifamily Leadership, a multifamily events, news and media platform.
  • “Our organization’s mission is to strive to foster communities that inspire and empower individuals to be the best version of themselves.
  • TPCO fosters a culture of development and growth, both personal and professional, through Learning Stipends, Relocation Opportunities and annual company conferences.
  • The ‘Best Places to Work Multifamily®’ honorees are at the forefront of this movement, poised to shape the future with a stronger, more influential voice.”

The Preiss Company Announces Recapitalization of the Collective at Auburn

Retrieved on: 
Wednesday, November 1, 2023

Officials at The Preiss Company (TPCO) , one of the nation’s largest, privately-held, student housing owner-operators, today announced the successful recapitalization of the 600-bed Collective at Auburn in Alabama.

Key Points: 
  • Officials at The Preiss Company (TPCO) , one of the nation’s largest, privately-held, student housing owner-operators, today announced the successful recapitalization of the 600-bed Collective at Auburn in Alabama.
  • View the full release here: https://www.businesswire.com/news/home/20231101968836/en/
    Officials at The Preiss Company (TPCO), one of the nation’s largest, privately-held, student housing owner-operators, today announced the successful recapitalization of the 600-bed Collective at Auburn in Alabama (pictured).
  • (Photo: Business Wire)
    “This marks TPCO’s third asset recap completed this calendar year,” said Adam Byrley, chief operating officer.
  • The pet-friendly cottages and townhomes boast stained concrete flooring throughout the common areas, plush bedroom carpeting, patios and front porches.

The Preiss Company Recapitalizes the Collective at Clemson

Retrieved on: 
Wednesday, July 19, 2023

Officials at The Preiss Company (TPCO) , one of the nation’s largest, privately-held, student housing owner-operators, today announced the successful recapitalization of the 598-bed Collective at Clemson in S.C., its second such announcement in the past month.

Key Points: 
  • Officials at The Preiss Company (TPCO) , one of the nation’s largest, privately-held, student housing owner-operators, today announced the successful recapitalization of the 598-bed Collective at Clemson in S.C., its second such announcement in the past month.
  • “The Collective has been extremely successful for us since we acquired it nearly four years ago,” said Adam Byrley, COO, TPCO.
  • The pet-friendly cottages and townhomes boast stained concrete flooring throughout the common areas, plush bedroom carpeting, patios and front porches.
  • Additional upgrades also will be made to the fitness center and swimming pool, and internet services will be enhanced.

The Preiss Company Completes Recapitalization of The Outpost San Marcos

Retrieved on: 
Monday, June 5, 2023

Officials at The Preiss Company (TPCO) , one of the nation’s largest, privately-held, student housing owner-operators, today announced the recapitalization of the 486-bed Outpost San Marcos in Texas.

Key Points: 
  • Officials at The Preiss Company (TPCO) , one of the nation’s largest, privately-held, student housing owner-operators, today announced the recapitalization of the 486-bed Outpost San Marcos in Texas.
  • The Outpost San Marcos is owned in a joint acquisition between TPCO and a Los Angeles-based real estate investment firm, an owner and investor focused on all aspects of commercial real estate, especially on student housing and conventional apartments.
  • “For the past eight years, The Preiss Company has owned and operated The Outpost San Marcos, and the property has performed extremely well through the years,” said John Preiss, president, TPCO.
  • “We've completed more than 15 recaps over the past decade, representing 10,000-plus beds, 5,000 of which remain in our portfolio,” Preiss added.

The Parent Company and Mirayo by Santana Introduce New Line of Hash Rosin Gummies

Retrieved on: 
Wednesday, May 3, 2023

SAN JOSE, Calif., May 3, 2023 /PRNewswire/ - TPCO Holding Corp. ("The Parent Company" or "the Company") (NEO: GRAM.U) (OTCQX: GRAMF), a leading consumer-focused California cannabis company, announced an extension of its premium cannabis brand, Mirayo by Santana.

Key Points: 
  • SAN JOSE, Calif., May 3, 2023 /PRNewswire/ - TPCO Holding Corp. ("The Parent Company" or "the Company") (NEO: GRAM.U) (OTCQX: GRAMF), a leading consumer-focused California cannabis company, announced an extension of its premium cannabis brand, Mirayo by Santana.
  • Mirayo gummies are an artisanal edible made with natural ingredients and formulated for a potent and flavorful experience.
  • Mirayo by Santana is a premium cannabis line that honors the spiritual and ancient Latin heritage of the plant.
  • Carlos Santana and The Parent Company celebrated the launch of its new Hash Rosin Gummies with an intimate dinner on April 27th at Chateau Marmont's Penthouse 64.

The Parent Company Expands Value Cannabis Offering with the Launch of New Cruisers Brand

Retrieved on: 
Wednesday, March 22, 2023

By skipping the doldrums of the daily grind, Cruisers transports consumers to that carefree place where the bowl is always full.

Key Points: 
  • By skipping the doldrums of the daily grind, Cruisers transports consumers to that carefree place where the bowl is always full.
  • Cruisers launches statewide in California on Wednesday, March 22nd, with prime availability in all The Parent Company-owned retail locations.
  • In our retail locations, Cruisers will be the best priced offering in every category it plays in," said Troy Datcher, CEO & Chairman of the Board at The Parent Company.
  • "The new brand name was inspired by Fun Uncle "Cruisers" Vapes, which quickly became the #1 selling vape in the value segment.

The Preiss Company Awarded Management of Three Student Housing Communities

Retrieved on: 
Monday, March 13, 2023

Officials at The Preiss Company (TPCO), one of the nation’s largest, privately-held, student housing owner-operators, today announced the addition of three third-party management assignments to its nationwide portfolio of student housing communities.

Key Points: 
  • Officials at The Preiss Company (TPCO), one of the nation’s largest, privately-held, student housing owner-operators, today announced the addition of three third-party management assignments to its nationwide portfolio of student housing communities.
  • Totaling 1,887 beds, the three properties include Greene Crossing in Columbia, S.C., Millennium One in Charlotte, N.C. and 33 North in Denton, Texas.
  • "We remain committed to growing our third-party management business, with these three new additions bringing our student housing portfolio to 32,034 nationwide,” said Adam Byrley, Chief Operating Officer, TPCO.
  • The company has operated in the Charlotte market since 2005, and Greene Crossing marks its second student housing complex in the Columbia market, both at 100% occupancy.

The Preiss Company Strengthens Property Management Team with Multiple Promotions

Retrieved on: 
Tuesday, February 21, 2023

Officials at The Preiss Company (TPCO), one of the nation’s largest, privately-held, student housing owner-operators, today announced several promotions in preparation for continued growth and enhancement of the company’s property management platform.

Key Points: 
  • Officials at The Preiss Company (TPCO), one of the nation’s largest, privately-held, student housing owner-operators, today announced several promotions in preparation for continued growth and enhancement of the company’s property management platform.
  • “From our inception over 35 years ago, The Preiss Company was founded on strong property management and operations.
  • In her new role as Executive Vice President of Property Management, Sara joins the TPCO executive team as she becomes involved with the entire management portfolio.
  • Having joined TPCO in 2006, Rasmussen has held multiple roles within the organization, including Property Manager and Regional Manager.

The Parent Company and Gold Flora to Combine to Create a Leading Vertically Integrated Operator in the World's Largest Cannabis Market

Retrieved on: 
Wednesday, February 22, 2023

Increased size and scale to become a leading operator in the world's largest cannabis market.

Key Points: 
  • Increased size and scale to become a leading operator in the world's largest cannabis market.
  • The combined company will reduce third-party contracts when strategically and cost effectively appropriate by utilizing the capabilities of Gold Flora and controlling its value chain.
  • (1) Represents the pro forma unaudited revenue and gross margin of each of The Parent Company and Gold Flora for the nine-month period ended September 30, 2022.
  • The Business Combination values Gold Flora at $1.50 per Gold Flora Unit and The Parent Company at $0.9847 per TPCO Share.

The Preiss Company Recapitalizes 546-Bed Campus Edge Apartments

Retrieved on: 
Monday, November 14, 2022

Officials at The Preiss Company (TPCO), one of the nations largest, privately-held, student housing owner-operators, today announced the successful recapitalization of the 546-bed Campus Edge for an undisclosed amount.

Key Points: 
  • Officials at The Preiss Company (TPCO), one of the nations largest, privately-held, student housing owner-operators, today announced the successful recapitalization of the 546-bed Campus Edge for an undisclosed amount.
  • "We are excited to keep Campus Edge under the Preiss umbrella, said John Revington, EVP of investments, TPCO.
  • Situated near the entrance to NC States Centennial Campus, Campus Edge provides spacious 1-, 2- and 3-bedroom apartments with fully furnished options and all-inclusive rates.
  • Celebrating its 33rd year, Raleigh, North Carolina-based, The Preiss Company specializes in the development, acquisition and management of off-campus student housing.