TALLAHASSEE, FL – Officials at The Preiss Company (TPCO), one of the nation s largest, privately-held, student housing owner-operators, and a private equity fund advised by Crow Holdings Capital announced the acquisition of the 752-bed Quantum on West Call for an undisclosed amount. The recently built student housing complex will undergo a partial renovation to further upgrade approximately half the units.
We are thankful to our partners and lenders who have helped us to complete this transaction which started pre-pandemic, said John Preiss, chief investment officer, TPCO. The student housing transactional marketplace has ground to a near standstill, and we believe this is one of the few deals to have been completed during these trying times. Our team faced numerous headwinds while navigating the COVID-19 reality, but with the help of our financial and legal teams, we persevered. Following the completion of our plotted, minor refurbishment of some units, we are confident that Quantum on West Call will be the lodging preference of choice for FSU students.
Located just one block from Florida State University along the FSU Seminole Shuttle Route, Quantum on West Call is situated on the corner of West Call and Conradi Streets. Student residents can delight in a 24-hour fitness center, resort-style pool, yoga center, sundeck with hammocks and grilling stations. Facilities also include a clubhouse with HD theater, cyber lounge, individual study nooks, community Wi-Fi access and group study spaces.
Quantum on West Call provides studio, one-, two-, three- and four-bedroom layouts with private bathrooms and a private parking garage. Fully furnished units are equipped with full-sized washer and dryer, 50 4K Smart TV, walk-in closet, granite countertops, stainless steel appliances and plush carpeting. Select units offer patios and balconies. Packages also contain high-speed internet, premium cable including HBO and all utilities except for electricity.
The Quantum on West Call marks our first entry into the Tallahassee marketplace, said Adam Byrley, chief operating officer, TPCO. But, it also marks our sixth student housing complex in Florida, granting us greater economies of scale and the ability to share statewide best practices. The property itself, at just two years ancient, is a fantastic physical product in an ideal pedestrian location within walking distance of a high-caliber university. The property checks all the boxes for us.
Approximately half of the 225 units will undergo minor renovations to upgrade common area vinyl plank flooring and internet connectivity improvements. Based on the newness of the project, no additional refurbishments were deemed necessary.

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LONG BEACH, NY – Inland Real Estate Acquisitions, LLC announced that it negotiated and closed the buy of an 11-tale, 109-unit multifamily property located in Long Beach, New York. Joe Cosenza, vice chairman of The Inland Real Estate Group, LLC and president of Inland Real Estate Acquisitions, LLC, completed the deal, with help from Michael A. Wilson and Gina R. LaMantia of Equis Law Group, LLC, on behalf of an Inland affiliate.
The property, recently renamed 10 West Apartments, is one of the only ocean-front rental buildings in New York and consists of a one studio, 67 one-bedroom, 38 two-bedroom and three three-bedroom units with 177 rentable parking spaces.
Each unit was renovated in 2015 and 2016 and features gourmet kitchens with quartz countertops, stainless steel appliances, hardwood floors, full size washers and dryers and private balconies with beach and ocean views. 10 West Apartments also offers a variety of community amenities including a two-tale, state-of-the-art fitness center, an outdoor heated swimming pool with ocean views, a library, lounge area and metal storage lockers for resident use.
The building was renovated from 2013 to 2018 following Hurricane Sandy and benefits from a $44 million coastal restoration completed by The U.S. Army Corps of Engineers, in which the beach size was increased to prevent storm and wave action from causing hurt to the local boardwalk and homes.
10 West Apartments premier location with high quality amenities and panoramic ocean views is an attractive option for New Yorkers looking to transition from the city to the suburbs without compromising on luxury, said Cosenza. Whether residents want to take a jog on the boardwalk, check out local grocery shopping or other retail stores, or catch a train to Manhattan, this community offers it all just steps away. 10 West Apartments highly desirable position in Long Beach, combined with its recently upgraded amenities, make this the type of multifamily property we continue to seek for acquisition.
The property was 99 percent occupied at closing.
Since inception, Inland Acquisitions has facilitated more than $48 billion of buys including single-tenant properties, medical office buildings, apartments and retail properties.

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HOUSTON, TX – Wood Partners, a national leader in multi-family real estate development, announced, in partnership with Principal Real Estate Investors, the grand opening of its newest luxury residential community – Alta Washington – in Houston, Texas. The seven-tale community features 204 units comprised of one and two-bedroom apartment homes as well as six, three-tale townhouses. Leasing is currently underway with the first go-ins scheduled for early November.
Located in the Memorial Park area just outside of Downtown Houston, the new community offers simple access to several major employment hubs including the Downtown, Galleria/Uptown, and Greenway Plaza areas. For activities outside of work, Memorial Park, which has recently started a multi-million dollar renovation with completion expected in 2028, offers a combination of indoor and outdoor activities including hiking trails, cycling and skating paths, an 18-hole golf course, tennis and croquet courts, an indoor fitness center, swimming pool and a playground with picnic areas.
“The Wood Partners team is excited to start leasing Alta Washington,” said Bart Barrett, Managing Director for Wood Partners. “The community offers residents luxurious living that is right next to one of the most well loved and desirable amenities in the city, Memorial Park.”
Alta Washington is located within the Washington Corridor, one of Houston’s most well loved nightlife areas known for its mix of trendy lounges, sports pubs, live music venues, wine bars and some of the most-loved restaurants in the city.
Located at 6400 Washington Avenue, Alta Washington is near several main roads and freeways including Westcott Street, Shepherd Drive, Allen Parkway, Waugh Drive, Loop 610, and Interstates 10 and 45, giving residents convenient access to the rest of the Houston megaregion, as needed.
The apartment interiors have open-concept floor plans featuring impressive kitchens – with quartz countertops, designer tile backsplash and ENERGY STAR stainless steel appliances – and modern hardwood-style flooring throughout most of the home. Residents will also have the ability to add Whiz Cribs, an upgraded technology package featuring Amazon products, to their apartment home.
State-of-the-art amenities on-site include a clubroom, game room, a seventh-tale sky lounge with a kitchen and dining area, a business center with a conference room and micro-offices, a fitness center and a Luxer One package room. Outdoor amenities include a resort-style swimming pool with outdoor grills located on the third level and a second-tale dog park. All common areas will provide residents with wireless connectivity and will feature the latest in audio/visual technology and urban living design.

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