Aggregate performance and activity data for open-end commercial real estate debt funds compiled by NCREIF and CREFC for Q1 2026.
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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