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Real Estate Fund Fee Benchmarking Study: Market Insights

Explore 2026 real estate fund fee benchmarking insights across key fee structures and market practices.

Fee structures across real estate funds are evolving as investment strategies, fund sizes, service models, and affiliated provider relationships become more complex. For fund managers, registered investment advisors (RIAs), governance committees, and investors, market benchmarking can provide useful context for evaluating fund economics and related-party compensation arrangements.

This study was designed to evaluate the reasonableness and market positioning of fees charged between a real estate fund and its affiliated service providers. The survey included 55 respondents representing a range of geographic markets, investment strategies, organizational structures, and fund sizes, offering a cross-section of real estate investment and management organizations currently active within the industry.

What Does the Real Estate Fund Fee Benchmarking Study Cover?

This real estate fund fee report analyzed survey data from real estate investment and management organizations to provide insight into common fee arrangements across the market, including:

  • Carried Interest
  • Asset Management Fees
  • Property Management Fees
  • Development & Construction Management Fees
  • Leasing Fees
  • Mortgage Broker Fees
  • Loan Origination Fees

Access Real Estate Fund Fee Market Insights

The full report provides market-based insights to help fund managers, RIAs, governance committees, and service providers better understand how real estate fund fees are structured and how related-party compensation arrangements compare to prevailing industry practices.

Download the report now to explore the full benchmarking findings and compare real estate fund fee structures against current market practices.

Download the Report


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