Kristen Smithberg - Profile and Journalist Details
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Kristen Smithberg
Verified
Journalist, GlobeSt
Parker
Beats
Fashion , Motoring , Lifestyle , Design
Celebrity Gossip, Technology
Content
By Anthony Russo Verified, Kristen Smithberg Verified, Jack Rogers Verified| GlobeSt Verified A joint venture consisting of Nuveen and The Preiss Company is selling five student housing properties in the Sunbelt. The portfolio takes up 3,693 total beds across 1,248 units. According to Newmark, which brokered the deal on behalf of the JV, the sale marks the largest deal to take place in the alternative asset class in the country in 2025 so far. The units are spread across four states including North Carolina, Texas, Indiana, and Florida.
By Erik Sherman Verified, Kristen Smithberg Verified| GlobeSt Verified The U.S. multifamily market in early 2025 is defined by a return to stability and a cautious optimism, as the sector transitions from the turbulence of pandemic-era supply surges toward a more balanced and sustainable footing, according to a new report by CBRE. This search for equilibrium is evident across key market fundamentals: underwriting assumptions, investor sentiment, and supply-demand dynamics are all converging toward a new normal after years of volatility.
By Anthony Russo Verified, Kristen Smithberg Verified, Jack Rogers Verified| GlobeSt Verified A joint venture consisting of Nuveen and The Preiss Company is selling five student housing properties in the Sunbelt. The portfolio takes up 3,693 total beds across 1,248 units. According to Newmark, which brokered the deal on behalf of the JV, the sale marks the largest deal to take place in the alternative asset class in the country in 2025 so far. The units are spread across four states including North Carolina, Texas, Indiana, and Florida.
Company Info
GlobeSt
GlobeSt.com is a prominent online platform dedicated to the commercial real estate (CRE) industry. It offers comprehensive news, analysis, and intelligence, making it a trusted resource for owners, investors, developers, brokers, and finance professionals. As part of ALM, GlobeSt.com is recognized for its award-winning content, attracting over 500,000 page views each month. The platform provides a variety of services tailored to the CRE sector, including national and regional news coverage across various property sectors, resource directories for industry contacts, and webinars and events like the GlobeSt. Women of Influence Conference. Additionally, GlobeSt.com features insights from industry thought leaders, highlighting trends and innovations in commercial real estate. It serves a diverse audience, ensuring that professionals have access to valuable market insights and networking opportunities.
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Founded: 2000