National Council of Real Estate Investment Fiduciaries (NCREIF)

NCREIF, established in 1978, is dedicated to serving the institutional real estate investment community. The organization's primary focus is to provide transparent and consistent data, performance measurement, analytics, standards, and education related to commercial real estate. NCREIF acts as a non-partisan collector, validator, aggregator, converter, and disseminator of commercial real estate performance and benchmarking information. The organization's members include investment managers, investors, consultants, appraisers, academics, researchers, and other professionals in the real estate investment management industry. NCREIF fulfills the industry's need for high-quality, transparent, timely, and accurate commercial real estate data, performance measurement, benchmarking indices, investment analysis, reporting standards, research, education, and peer group interaction. NCREIF achieves its objectives by developing and producing performance measurement indices, benchmarks, and actionable information. The organization encourages the use of its data for objective analysis and research by industry, academic, and member communities. Additionally, NCREIF provides forums with strong educational content, publishes informed, industry-related articles and reports, and contributes to the ongoing improvement of real estate reporting standards. The data provided by NCREIF is built from property-specific and fund accounting data contributed by its members. While maintaining confidentiality in its specificity, the data is transparently available to members and is primarily focused on domestic assets and investment vehicles. Furthermore, NCREIF is driven and directed by the needs identified by its members, ensuring that the information provided is directly relevant to the industry.