The U.S. commercial real estate (CRE) investable universe is estimated to be $26.8 trillion, according to The U.S. Commercial Real Estate Investable Universe report by RCG Ventures citing Clarion Partners investment research. From an institutional investor’s perspective, this is an overestimate, for the report states that this includes properties that fall within the institutional standards for building size and quality.
Traditional property sectors, including industrial, multifamily, office, retail and hotels, dominate the universe, holding 63 percent, or $16.9 trillion, of the investable market. Of this amount, 48 percent, or $8.2 trillion, meet institutional property criteria. In the $11.7 trillion institutional universe, traditional sectors account for about 70 percent of the market, according to RCG report. Apartments are the largest traditional sectors, accounting for more than one-fifth of the institutional universe at $2.6 trillion.
In addition, the
