Current data on real estate allocations, investor activity, alternative properties, digital ownership, and fractional investing
Real estate portfolio growth can take several forms, including increasing the amount allocated to property, adding individual assets, expanding into different property types, or gaining exposure through fractional ownership structures. Current 2026 data shows continued acquisition interest among institutional investors alongside significant participation from smaller residential investors.
The portfolio landscape is also becoming more varied. Alternative property types have increased their share of institutional portfolios, while technology-enabled ownership structures continue to expand the ways investors can access real estate. The statistics below examine those shifts while distinguishing current allocations, historical performance, investor intentions, and forward-looking projections.
Disclaimer: The information provided in this guide is for educational purposes only and does not constitute financial, tax, or legal advice. Always consult with a licensed professional before making any financial or investment decisions.
Key Takeaways
95% of investors planned to buy at least as much commercial real estate in 2026 as they did the previous year, including 74% planning to buy more
55% planned increases in their real estate capital allocations for 2026
Global institutional investors reported a 12.4% average allocation to real estate, compared with a 12.5% average target
Residential investors represented 11.3% of purchases in 2025, while smaller investors accounted for roughly 63% of investor acquisitions
mogul currently reports $110M in assets, 50K+ users, and a 12–20% target IRR range among its current platform figures
Commercial Real Estate Allocation Trends
1. 74% of investors plan to buy more commercial real estate in 2026
CBRE's 2026 North American Investor Intentions Survey found that 74% of investors planned to buy more commercial real estate assets than they did the previous year.
An even larger 95% planned to buy either more or approximately the same amount. These figures describe investor intentions rather than completed acquisitions, but they provide a current indication of how surveyed institutions are approaching real estate deployment.
2. 55% plan to increase their real estate capital allocation
More than half of surveyed investors, or 55% of respondents, planned to increase their real estate capital allocation during 2026. That was up from 48% in the previous year's survey.
Increasing an allocation does not necessarily mean buying a particular number of properties. Portfolio growth can occur through direct acquisitions, funds, larger positions, development strategies, or other real estate structures.
3. 74% of U.S. investors are targeting multifamily
Multifamily remained the most frequently selected traditional property category, with 74% targeting multifamily among U.S. respondents.
The category encompasses a range of strategies and property types, so the percentage describes sector preference rather than a uniform investment structure or expected performance level.
4. 37% of U.S. investors are targeting industrial and logistics properties
Industrial and logistics assets were selected by 37% of U.S. investors.
These properties have different lease structures, tenant profiles, operating requirements, and demand drivers from residential assets. Real estate portfolio composition therefore involves more than simply determining the overall percentage allocated to property.
5. 27% of U.S. investors are targeting retail assets
Retail properties were targeted by 27% of respondents in the same U.S. investor survey.
The figure places retail behind multifamily and industrial and logistics among the surveyed property categories. It also illustrates how allocation preferences can shift across different portions of the commercial real estate market.
6. 16% of U.S. investors are targeting office properties
Office properties were selected by 16% of respondents.
The lower share relative to multifamily, industrial, and retail demonstrates how investor preferences vary significantly across property sectors. Those differences are relevant when considering how a broader real estate portfolio is constructed.
7. Nearly two-thirds of investors favor value-add and core-plus strategies
Value-add and core-plus were the preferred approaches for nearly two-thirds of the investors surveyed.
These strategies generally involve different operating assumptions from stabilized core assets or development-focused investments. Portfolio growth can therefore involve shifts in investment strategy as well as changes in the amount of capital committed to real estate.
Global Real Estate Allocation Trends
8. Current real estate allocations average 12.4% of institutional portfolios
The 2026 ANREV/INREV/PREA Investment Intentions Survey reported a 12.4% average allocation to real estate among participating global investors.
The percentage provides a benchmark for real estate's role within larger institutional portfolios. It does not establish an appropriate allocation for an individual investor, whose circumstances and objectives can differ substantially.
9. Average target real estate allocation is 12.5%
The same research placed the 12.5% target allocation only slightly above the current global average.
The narrow difference suggests the participating institutions began 2026 relatively close to their stated real estate allocation targets. Changes in portfolio exposure can therefore occur incrementally rather than through substantial shifts in asset mix.
10. 38% of global investors expect real estate allocations to increase
Looking over the following two years, 38% expected increases in their real estate allocations.
This statistic measures planned allocation direction rather than expected investment returns. Portfolio weights can change through additional commitments, property transactions, market values, or a combination of these factors.
11. 28% of global investors expect real estate allocations to decrease
By comparison, 28% expected decreases in their allocations over the same two-year period.
The difference between investors planning increases and decreases shows that portfolio strategies remain varied even within an established institutional asset class.
Residential Investor Portfolio Activity
12. Investors represented 11.3% of U.S. home purchases in 2025
Residential investors accounted for 11.3% of purchases during 2025, up from 11.0% the previous year.
The figure means approximately one in nine home purchases captured by the report met its investor definition. It provides a current measure of investor participation within the broader residential housing market.
13. Investors purchased approximately 534,000 homes in 2025
Investor acquisitions totaled approximately 534,000 homes during 2025, up from about 529,000 in 2024.
That represented a 0.7% annual increase. Although the growth rate was modest, the total illustrates the scale of residential portfolio activity across the U.S. housing market.
14. Small investors accounted for roughly 63% of investor purchases
Smaller investors represented approximately 63% of acquisitions made by investors during 2025.
Realtor.com's methodology identifies small investors as corporate entities with fewer than 10 total purchases in its dataset. Their share reached its highest level in approximately 15 years.
15. Mega-investors accounted for 7.5% of investor purchases
Mega-investors represented 7.5% of purchases made by investors during 2025.
Under the report's methodology, mega-investors are entities with 350 or more purchases in the dataset. Their 2025 share was the smallest recorded since 2011.
16. Investors represented 9.3% of home sellers
Investors accounted for 9.3% of sales in 2025 and sold approximately 442,000 properties.
Investor purchases exceeded investor sales during the year, producing estimated net accumulation of roughly 92,000 properties. Purchase and sale figures together provide a broader picture of residential portfolio activity than acquisitions alone.
Alternative Property Portfolio Trends
17. Alternative real estate grew from $67 billion to more than $600 billion
The value of alternative property investments represented in Deloitte's analysis increased from $67 billion to $600 billion between 2000 and 2024.
Alternative property types can include data centers, cell towers, life sciences facilities, healthcare properties, self-storage, single-family rentals, senior housing, and student housing. Their expansion shows how institutional real estate portfolios have broadened beyond traditional core categories.
18. Alternative properties produced an 11.6% annualized return over the cited decade
Over the 10-year period examined by Deloitte, alternative property types generated an 11.6% annualized return.
The figure is historical and reflects the property universe and period included in the analysis. It should therefore be treated as a backward-looking benchmark rather than an expected return for future alternative real estate investments.
19. Traditional property types produced a 6.2% annualized return in the same analysis
Traditional real estate categories recorded a 6.2% annualized return over the comparable period.
The historical difference provides context for the institutional expansion into alternative property sectors but does not establish how either category will perform in future periods.
20. Alternative properties represent more than half of public REIT allocations
Public REIT exposure to alternative properties increased from 26% in 2000 to more than 50% by 2024.
The shift illustrates how sectors outside traditional office, retail, industrial, and multifamily categories have become a larger part of publicly traded real estate portfolios.
21. Alternative properties could approach 70% of industry portfolio value by 2034
Deloitte projects that alternative property types could account for nearly 70% of industry portfolio value by 2034.
The projection assumes approximately 15% compound annual growth in alternative property values over the period. Because it is a forecast, the figure describes a potential future market composition rather than an observed outcome.
Digital and Institutional Real Estate Growth
22. Tokenized real estate was valued at less than $0.3 trillion in 2024
Deloitte estimated that the global tokenized real estate market stood at less than $0.3 trillion in 2024.
Tokenization converts ownership or financial interests into digital representations recorded through blockchain-based infrastructure. The category encompasses several structures and should not be treated as synonymous with every form of fractional real estate ownership.
23. Tokenized real estate is projected to reach $4 trillion by 2035
Deloitte projects that tokenized real estate could reach $4 trillion by 2035, representing an estimated 27% compound annual growth rate from 2024.
The forecast includes tokenized private real estate funds, loans and securitizations, and interests associated with undeveloped or under-construction real estate. It represents projected market growth rather than expected investment performance.
24. The NCREIF Property Index returned 1.29% in Q2 2026
Institutional commercial real estate represented by the NCREIF Property Index recorded a 1.29% total return in the second quarter of 2026.
That consisted of a 1.17% income return and 0.12% appreciation. Because the index measures unleveraged institutional properties, it provides a market benchmark rather than a direct comparison with leveraged, fractional, or individual residential investments.
25. The NFI-ODCE returned 1.49% in Q2 2026
The NCREIF Fund Index – Open End Diversified Core Equity recorded a 1.49% total return during Q2 2026.
The quarter included a 1.02% income return and 0.47% appreciation. The index tracks diversified open-end core real estate funds and provides another institutional benchmark for evaluating broader portfolio trends.
mogul Portfolio and Underwriting Statistics
26. Assets on mogul reached $110 million
As of June 1, 2026, mogul reported $110M in assets on the platform.
The figure provides a current measure of the scale of assets represented through mogul. Individual investment economics remain tied to their applicable properties, ownership structures, and offering terms rather than the platform-level asset figure alone.
27. mogul reports more than 50,000 users
As of September 28, 2026, mogul reported 50K+ users.
The user count provides context for the scale of participation on the platform. It is distinct from the number of properties, investments, or ownership interests held by any individual member.
28. The investment team has $10 billion deployed into real estate
The team behind mogul has $10 billion deployed into real estate.
That experience informs the platform's market research, acquisition analysis, financing review, and property underwriting. The figure describes the team's broader real estate deployment experience rather than assets currently held on mogul.
29. Less than 1% of reviewed properties pass mogul's diligence process
mogul reports that less than 1% of reviewed properties pass its diligence process.
Properties move through market analysis and property-specific underwriting before selection. The statistic describes the selectivity of the screening process rather than a guarantee of subsequent property performance.
30. mogul currently lists a 12% to 20% target IRR range
As of September 28, 2026, mogul lists a 12%–20% target IRR range among its current platform figures.
Target IRR represents an underwriting objective rather than realized performance. The platform also describes a 12% minimum projected IRR hurdle, inclusive of applicable one-time fees, within its current property evaluation framework.
How mogul Supports Property-Level Portfolio Building
mogul provides access to individual residential properties through a fractional ownership structure. Selected properties are acquired through property-specific LLC structures, and ownership interests associated with those properties are fractionalized. This gives members exposure tied to identifiable underlying assets without requiring the purchase of an entire property.
Properties are generally structured around a 3 to 10-year hold. During that period, property-level economics can include rental operations, financing, potential distributions, and eventual sale proceeds according to the applicable ownership terms and property performance.
mogul's current company figures also include a 4.47% record yield for a single month, dated September 28, 2026. As the About page notes, past performance is not indicative of future results and results may vary.
For property-level modeling, mogul provides an investment property calculator, rental property calculator, and Airbnb calculator. These tools allow assumptions including financing, rental income, expenses, and holding periods to be viewed across different scenarios.
Disclaimer: The information provided in this guide is for educational purposes only and does not constitute financial, tax, or legal advice. Always consult with a licensed professional before making any financial or investment decisions.
Frequently Asked Questions
What does real estate portfolio growth mean?
Real estate portfolio growth can refer to increasing the number or value of property interests held, raising the percentage of a broader portfolio allocated to real estate, or expanding into additional property types or markets. These measures describe different aspects of portfolio development, so acquisition activity, allocation percentages, asset values, and investment returns should not be treated as interchangeable.
How does fractional ownership relate to portfolio building?
Fractional ownership allows multiple participants to hold interests associated with an individual property or property-owning entity. Instead of acquiring an entire property, an investor can hold a smaller ownership interest under the applicable structure. The legal, economic, tax, and liquidity terms depend on the particular offering.
What do current 2026 real estate allocation surveys show?
Current surveys show continued institutional interest in real estate. CBRE found that 55% planned increases in real estate capital allocation during 2026, while the ANREV/INREV/PREA Investment Intentions Survey reported a 12.4% current average allocation and 12.5% average target among participating global investors.
How should institutional real estate returns be interpreted?
Institutional indexes provide market benchmarks, but their methodologies differ. For example, the NCREIF Property Index measures unleveraged property performance, while the NFI-ODCE tracks diversified open-end core funds. These figures are therefore most useful within their respective methodologies rather than as direct projections for an individual investment property.
How does mogul approach property-level portfolio building?
mogul's property selection process begins with market research and property-specific underwriting before selected assets move through the platform's ownership structure. The team has $10 billion deployed into real estate, less than 1% of reviewed properties pass diligence, and the current underwriting process applies a 12% minimum projected IRR hurdle, inclusive of applicable one-time fees.