Preiss Co. Acquires Vista Student Housing Complex at University of Denver

by Scott Reid

Denver — The nine-story complex features a computer lab, business center with study rooms, clubhouse with television, outdoor television and pool table, fitness center and more.

The Preiss Co. has acquired, in a joint venture, The Vista, a student housing complex located directly across from the University of Denver. The 286-bed property was purchased for an undisclosed amount by the joint venture comprised of Preiss, Baltimore-based Criterion Holdings LLC as the general partner, and a separate private investment group. Preiss will oversee the property’s operations, as well as an estimated $500,000 upgrade to the facilities. The Vista is one of only two purpose-built student housing complexes serving the University of Denver. The Vista is located directly across from the University of Denver campus, several miles from downtown. Plans call for investing approximately $500,000 to include state-of-the-art Internet bundled services, clubhouse and common area upgrades and enhancements to the multiple vistas overlooking Denver’s Rocky Mountain range. The nine-story complex features a computer lab, business center with study rooms, clubhouse with television, outdoor television and pool table, fitness center, stand-up tanning bed, bocce ball court, outdoor fire pit and bike storage. Fully furnished two-, three- and four- bedroom apartments offer flat screen televisions, high speed Internet and views of the mountains. 

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