Raleigh, N.C. — Leff will manage development and source acquisitions.
Raleigh, N.C. — The Preiss Company has promoted Dan Leff to vice president of acquisitions. In this role, Leff will be responsible for the acquisition of student apartments, managing the development of new and existing housing properties in the company’s portfolio and managing the financial underwriting for all new acquisitions.
The Preiss Company formed an acquisitions and development team in 2007 to expedite growth in markets where the company already owns assets.
Prior to joining The Preiss Company, Leff was a partner for L Star, a real estate investment firm in Raleigh that specializes in acquiring distressed debt. During his almost four years with the company, Leff was involved in the purchase of 10,000 lots across North and South Carolina, established relationships with municipal bond holders, managed a land fund to purchase and entitle raw land for future residential developments, and sourced and closed deals for two new builders entering the Raleigh market.