Capital flows into defined contribution real estate funds modestly, according to the 2024 DC Survey, with almost all inflows in 2023 targeting dedicated RE funds. As of the end of 2023, there was $36bn of DC assets invested in private real estate. Download the 2024 DC Survey results today.

Jun 6, 2023: More than 60% of managers are being asked by LPs if DEI is a consideration when choosing vendors and service providers. Yet almost half of managers aren’t collecting data on the issue yet. Download the NAREIM Member Survey on vendor DEI due diligence & DDQs questions.

Dec 7, 2021: Median AUM of an investment manager managing DC real estate capital increased more than 50% over the past five years, according to the first edition of the DCREC-NAREIM-Ferguson Partners Defined Contribution [DC] Survey out today.

Net AUM increased 7% in the past year, with three out of four investment managers reporting overall increases, while capital raising grew 5% YOY, according to the latest NAREIM/FPL Global Management Survey.

“To keep the lamp burning, we have to keep putting oil in it.” –Mother Theresa

(For a print version of this report, click here.)

“The sources of our capital and the desires of capital are changing,” stated Gunnar Branson, President

A Year of New Changes, New Rules and New Realities

(Click here for a print version)  The economic recovery seems to be well under way. 2012 continued to be challenging for real estate investment managers, but there were positive developments no

This Quarter's NAREIM pulse survey (sent out to the CEO's of NAREIM firms) is all about how real estate investment managers are adapting their fundraising strategy to the current environment.

But I wanted to put the question to you as well:

Wha

Dec 8, 2023: Managers cannot bury their head in the sand when it comes to valuations and investor discussion on new capital needs for existing deals, the NAREIM Capital Raising & IR meeting heard this week. Also, edits to pitchbooks to deal with ESG concerns should also be avoided.

Jan 31, 2023: DC plans should consider whether quarterly rebalancing works for them, but for New Mexico the volatility of 2020 didn't impact their new move into private real estate. New Mexico and Meketa explain the private RE journey for New Mexico PERA's DC plan.

Dec 7, 2021: Investment managers have increased their DC real estate AUM by more than 50% over the past five years. But 2020 was significant. Just 16% of firms saw an increase in YoY AUM. Results of the first DC Survey from DCREC-NAREIM-Ferguson are released today.

Institutional investors and consultants always prefer to be contacted by email in the first instance - and if you don't hear back within two weeks don't worry about following-up.

By Bobby Speir
NAREIM Fellow, UNC Kenan-Flagler MBA '15
Twice a year, NAREIM invites graduate students from the top real estate programs across the country to attend our Executive Officers' Meetings as Fellows. After attending the September EO

NAREIM member Ben Johnson discusses institutional investors evolving perspective on real estate in his latest Real Estate Forum Column.

NAREIM member Ben Johnson points to positive signs for our industry in his latest Real Estate Forum Column.

More than 60% of managers are being asked by LPs if DEI is a consideration when choosing vendors and service providers. Yet almost half of managers aren’t collecting data on the issue yet. Download the NAREIM Member Survey on vendor DEI due diligence & DDQs questions.

Almost $80bn of DC capital is invested in private real estate, 40% in non-DC specific vehicles & with 40% of commitments in 2021 from new investors/mandates. Download the 2022 DC Survey summary.

The annual investor meeting is moving online – with real estate investment managers planning to replace the one to two day in-person meeting with fund-specific sessions lasting no more than two to three hours.

With the ultra-long term in mind, Nuveen Real Estate is turning the GP-LP relationship on its head by focusing not only on the product but, instead, on service.

Flexibility and scalability are the name of the game as Nuveen looks to innovation in

The FPL/NAREIM Pulse Report for the 3rd Quarter 2013 is now available.  Click here for a full report

Over the past thirty years, the real estate investment management (REIM) industry has grown dramatically as the sector has matured and real estat

NAREIM member Ben Johnson discusses the growth of Endowments' interest in real estate investing in his latest Real Estate Forum Column.