Peter Steil

National Council of Real Estate Investment Fiduciaries (NCREIF)

NCREIF serves the institutional real estate investment community as a non-partisan collector, validator, aggregator, converter and disseminator of commercial real estate performance and benchmarking information. Our members include investment managers, investors, consultants, appraisers, academics, researchers and other professionals in the real estate investment management industry. NCREIF is a data service provider that meets its members'​ and the investment and academic community's need for high quality, transparent, timely and accurate commercial real estate data, performance measurement and benchmarking indices, investment analysis, reporting standards, research, education and peer group interaction, by: • Developing and producing performance measurement indices, benchmarks and actionable information related thereto; • Encouraging industry, academic and member use of NCREIF data for objective analysis and research; • Providing forums with strong educational content to address industry issues and to improve industry best practices; • Publishing informed, industry-related articles and reports; and • Contributing to the ongoing improvement of real estate Reporting Standards. NCREIF converts data to information directly relevant to its members and the industry, that is: • Built from property-specific and fund accounting data contributed by its members; • Confidential in its specificity, but transparently available to its members; • Focused primarily on domestic assets and investment vehicles; and • Driven and directed by the needs identified by its members.