CHARLOTTE, NC – Preiss, a national student housing and multifamily owner, developer, and operator, announced it has been awarded property management of The Mill and The Union, two student housing communities near the University of North Carolina at Charlotte.
Preiss secured the management contract following the acquisition of both assets by New York-based Triangle Capital Group. The agreement marks Preiss’ strategic re-entry into the Charlotte market, expanding its managed portfolio by 569 beds across 230 units.
The properties are as follows: The Mill: Located just east of UNC Charlotte, features 386 beds across 131 units in 2×2, 3×3, and 4×4 floor plans. The Union: Located adjacent to campus; features 183 beds across 99 units in studio, 2×2, and 3×3 floor plans.
Ownership plans to invest approximately $5 million in capital improvements across both properties to modernize the communities and elevate the overall resident experience.
Plotted upgrades include:

Complete overhaul of both property clubhouses and amenity spaces
Comprehensive interior unit renovations
Integration of smart home technology
Resolution of deferred maintenance items
Full brand transformations for both communities

“We’re thrilled to be back in the thriving Charlotte student housing market with these two standout communities,” said Mike Kivitz, Director of Strategic Partnerships at Preiss. “Our immediate priority is enhancing the daily living experience for our residents, while working hand-in-hand with Triangle Capital Group to do their long-term vision for both properties.”

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SAN FRANCISCO, CA – GTIS Partners, a global real estate investment firm with a focus on residential and industrial/logistics investments, and GreyBrick Partners, a San Francisco-based real estate investment and operating company, announced the acquisition of The Wilson, a 67-unit multifamily property located at 973 Market Street in San Francisco’s SoMa neighborhood. This marks the ninth acquisition by a strategic joint venture formed by the two firms to buy and reposition small-scale multifamily properties in desirable downtown San Francisco neighborhoods.
The venture was established to capitalize on what GTIS and GreyBrick believe is a compelling opportunity to buy well-located multifamily assets at an attractive point in San Francisco’s market cycle. San Francisco offers one of the most attractive long-term residential investment opportunities in the United States: apartment fundamentals continue to improve, new multifamily supply remains historically constrained, and demand is increasingly supported by the city’s expanding artificial intelligence ecosystem and growing return-to-office trends.
Originally designed by renowned San Francisco architects Percy & Polk in 1904, The Wilson was comprehensively redeveloped in 2014 into a modern residential community while preserving its historic character. The seven-tale property features 67 apartments above approximately 2,000 square feet of ground-floor retail space and offers residents an extensive amenity package including a rooftop terrace with outdoor kitchen and lounge, fitness center, resident clubhouse and co-working space, bicycle storage, package room, dog run, and building-wide Wi-Fi.
Located along Market Street between Fifth and Sixth Streets, The Wilson benefits from immediate access to Powell Street BART and Muni stations and is within walking distance of many of the city’s largest employment centers, entertainment venues and retail destinations. The property’s combination of high-quality residential product, transit-oriented location, and modern amenity offering positions it well to benefit from San Francisco’s continued residential recovery.
The partners plot to do a targeted capital improvement program focused on enhancing common areas, modernizing select building systems, and repositioning the vacant ground-floor retail space with a complementary neighborhood-serving tenant.
Tom Feldstein, General Counsel and Chief Operating Officer of GTIS Partners, said: “We are excited to continue this strategic partnership with GreyBrick and expand GTIS’ residential investment strategy in one of the country’s most compelling multifamily markets. San Francisco is entering the next phase of its recovery, supported by renewed employment growth, increasing office utilization, and an exceptionally constrained supply environment. Today’s market presents a rare opportunity to buy well-located multifamily assets at an attractive basis while positioning the portfolio to benefit from improving fundamentals over the long term. GreyBrick’s deep local relationships and operating expertise make them an outstanding partner as we build this platform together.”
Bryan Baskin, Co-Founder of GreyBrick Partners, said: “The Wilson exemplifies the type of opportunity our team has focused on for more than a decade—well-located San Francisco multifamily properties where thoughtful operations, targeted capital improvements, and exceptional resident service can make meaningful long-term value. We are excited to partner with GTIS to build a portfolio that combines GTIS’ institutional investment discipline with GreyBrick’s local acquisition platform, operational expertise, and deep market relationships. Our focus will be on delivering an exceptional resident experience while executing operational initiatives that enhance the long-term performance of every asset we buy.”
To date, the venture has bought 193 units across nine multifamily buildings. By combining GTIS’ institutional investment platform with GreyBrick’s local acquisition, leasing, and asset management expertise, the venture seeks to build a differentiated portfolio of high-quality residential assets in one of the country’s most desirable urban housing markets.

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ORLANDO, FL – The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, announced the financial closing and groundbreaking of Alora Lofts, an 88-unit affordable housing community in Kissimmee, Florida, 18 miles south of Orlando. The development will provide high-quality, accessible housing for individuals and families earning between 30% and 70% of the Area Median Income (AMI).
Alora Lofts represents an vital step in The NRP Group s broader affordable housing strategy in Florida at a time where the region is experiencing unprecedented population growth and housing affordability challenges, said Bill Zunamon, Vice President of Development at The NRP Group. What excites us most about this project is the opportunity to bring much-needed affordable housing to a well-located, high-demand neighborhood without compromising on design, quality or residents overall experience. This is our first affordable housing project in Florida in over a decade, and we are proud to partner with the city to deliver critical housing for the residents of Kissimmee for generations to come.
Alora Lofts is a single, four-tale building located on a 4.49-acre site, and features a mix of one-to three-bedroom apartments designed to accommodate families of varying sizes. Strategically located at 1300 Windsor Drive along the John Young Parkway corridor, the development will offer residents convenient access to community amenities, public transit and employment centers throughout Central Florida.
The property is located less than one mile from multiple LYNX bus stops along North John Young Parkway, providing connections across Kissimmee and the greater Orlando region. Residents will also be close to everyday essentials, including Publix, Publix Pharmacy and Highland Elementary School, as well as nearby healthcare providers, retail destinations and major regional employers.
Designed by FK Architecture, Alora Lofts was thoughtfully plotted to complement the surrounding neighborhood while introducing a modern, high-quality residential product to the area. The community reflects NRP’s commitment to making housing that meets residents’ needs while enhancing the neighborhoods in which it builds. The project also emphasizes long-term resilience, including a concrete construction system designed to withstand Florida s severe weather conditions and hurricane risk profile.
Residents will delight in a robust amenities package designed to support wellness, recreation and community connection. Offerings include a fitness center, outdoor resort-style swimming pool, multipurpose room and community kitchen, outdoor grill area and tot lot.
Alora Lofts is a fantastic addition to Kissimmee s housing landscape and an vital investment in our city s future, said City of Kissimmee Mayor Jackie Espinosa. Projects like this help support our community by expanding housing options, supporting our workforce, and making more opportunities for residents and families to thrive. We appreciate The NRP Group s commitment to bringing high-quality housing to our city and being a partner in our continued efforts to achieve intentional and sustainable growth.”
Financial partners for the new development include the Florida Housing Finance Corporation, which provided housing tax credits, as well as tax-exempt bonds and Community Development Block Grant–Disaster Recovery (CDBG-DR) funding administered through the U.S. Department of Housing and Urban Development (HUD). Disaster recovery funding was made available through resources allocated in response to Hurricane Ian, helping advance the development of critically needed affordable housing in Central Florida. Additional financing partners include Truist and Grandbridge.
Central Florida remains a priority market for The NRP Group, and the firm s latest expansion reflects strong confidence in the region s long-term fundamentals. Since 1994, The NRP Group has developed more than 68,000 apartment homes nationwide and currently manages over 33,000 residential units across the U.S. In Florida, NRP owns and manages over 1,700 apartment homes statewide, including projects actively under construction. Following last year’s groundbreaking of Adria and Maren, two market-rate luxury communities totaling 665 apartment homes and townhomes in Venice, Florida – Alora Lofts reflects The NRP Group’s renewed commitment to addressing Florida’s growing need for attainable housing.
Construction of Alora Lofts is already underway, with completion scheduled for December of 2027.

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