Index snapshot tracking performance and composition metrics of open-end moderate-yield debt funds in commercial real estate.
Published by CRE Finance Council. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Quarterly aggregate performance data and analysis of open-end debt funds tracked by NCREIF and CREFC membership.
A fourth-quarter membership report tracking performance and composition data for open-end moderate-yield debt funds indexed by NCREIF and CREFC.
Snapshot report tracking performance metrics and aggregate data for open-end real estate debt funds benchmarked against the NCREIF/CREFC moderate-yield index.
The 4Q 2025 index rose 2.1 percent to 125.4 from 122.8 in 3Q 2025, approaching the all-time survey high of 126.6 set in 4Q 2024 as financing demand expectations reached a survey record.
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