Real Estate Investment Managers engaged in a Socratic Dialogue.
“NAREIM has been invaluable in providing a forum for engagement with peers in the industry on topics ranging from company operations to market fundamentals to economic and governmental issues facing real estate. Having been a leader at both large and small organizations while a member of NAREIM, I have found great benefit for my respective firms and staff from the programs provided by NAREIM.”
- David Steinwedell, Managing Partner, AIC Ventures and past President, Wells Fund Management, Wells Real Estate Funds
The National Association of Real Estate Investment Managers (NAREIM) provides members the opportunity to refine strategy, improve operations, and provoke new thinking through meetings, surveys and thought leadership activities.
NAREIM members manage investment capital on behalf of third party investors in commercial real estate assets such as office, retail, multi-family, industrial and hotels. Collectively, NAREIM members manage over a trillion dollars of investments assets.
NAREIM members invest in office, retail, multi-family, industrial and hotels. Investment is made throughout the “capital stack” meaning that investments are made both in equity positions (direct ownership) and debt (first and subordinate mortgages). In the debt sector, investment managers have platforms to buy existing debt (mortgages and other instruments such as mezzanine and CMBS) and to make private equity financed loans.
The typical investor profile is institutional although a significant amount of investment is made on behalf of high net worth individuals and retail investors. The investor base is global in many instances.
The investment vehicles managers use are separate accounts (investment programs on behalf of one large investor), comingled funds (multi-investor platforms), publicly traded exchange listed REITs, non-traded, public REITs and fund to fund investing. Importantly, investment managers develop and manage the assets in which they invest.
NAREIM members range from the largest institutional firms in the world with fully integrated service platforms to specialized entrepreneurial firms.
Our members, create and add value by providing:
- timely and skilled acquisition/disposition services;
- expert asset and portfolio management;
- experienced development services;
- risk aligned structured debt investment; and,
- loan origination.
They serve clients with sophisticated real estate investment advice, execute complicated transactions and structure the financing best suited for a client’s investment goals. NAREIM members invest in all four quadrants of real estate – public equity, private equity, public debt and private debt.
NAREIM provides the organizational platform, programs, information and tools to help real estate investment managers:
- establish important relationships with fellow industry leaders;
- benchmark their companies relative to their peers;
- maximize their understanding of what is happening in their industry; and
- enhance the skills and knowledge base of their operations teams.
This experience helps members achieve the highest professional standards, maximize business productivity and deliver optimal value and service to clients.