Our Mission
Establish, manage, and enhance transparent and consistent reporting standards for the real estate industry fostering comparability and informed investment decision-making.
We accomplish our mission through three key pillars: Lead, Collaborate, Promote.

For the industry, by the industry
While established standard-setting bodies like the Financial Accounting Standards Board (FASB) and the CFA Institute (creators of the Global Investment Performance Standards – GIPS®) provide broad financial reporting frameworks, they do not fully address the unique needs of institutional real estate investment reporting. The Reporting Standards were developed to fill this critical gap.
Approved
The NCREIF PREA Reporting Standards Council has officially approved the Required and Recommended Reporting Review and Update for Debt Funds project.
A multi-disciplinary task force will launch in the coming days to review and update the required and recommended elements of reporting housed in Volume I and enhance the debt fund reporting framework, with draft deliverables targeted for early 2027.
Prospectus below.

Upcoming Council Meeting
April 15, 2026 – 2:00 PM Central
Key Benefits
- Supports better decision-making with standardized data
- Promotes industry-wide consistency in reporting
- Enhances investor confidence through transparency


Get Involved
Please consider volunteering for this important initiative. There is a place for anyone who wants to be involved. Contact us for more information
Join Us In Person
The Reporting Standards will be meeting at the NCREIF Spring Conference 2026 in Scottsdale, AZ. NCREIF members are welcome to register and attend.
March 17-18, 2026

Recent Highlights
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Required and Recommended Reporting Review and Update for Debt Funds
Thrilled to share that the NCREIF PREA Reporting Standards Council has officially approved the Required and Recommended Reporting Review and… Read More
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NCREIF PREA Reporting Standards Publish New White Paper Advancing Transparency in Private Closed‑End Fund Performance Metrics
Chicago, IL – The NCREIF PREA Reporting Standards (Reporting Standards) today announced the publication of a new white paper, Increasing… Read More
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2025 Reporting Standards Expand to Include Asset and Investment Level Insights in Response to Industry Need
The NCREIF PREA Reporting Standards Board and Council are pleased to announce the publication of the 2025 edition of the… Read More
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Reporting Standards Council Nominations are Open
Council Nominations are OPEN! Are you ready to shape the future of real estate reporting? Nominations are now open for… Read More


