National Council of Real Estate Investment Fiduciaries
The premier US institutional real estate association since 1982.
Last updated September 1, 2026
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Overview
NCREIF is a member-driven, not-for-profit association that improves private real estate investment industry knowledge by providing transparent and consistent data, performance measurement, analytics, standards and education. It serves the institutional real estate investment community as its Data Central, representing the largest, most robust and diverse database of country-specific real estate assets in the world. NCREIF began by producing the first property level return index, the NCREIF Property Index (NPI), dating back to 1978.
History
NCREIF was established over 40 years ago. It began by producing the first property level return index, the NCREIF Property Index (NPI), dating back to 1978. The founder, Blake Eagle, is quoted on the official website.
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