Who we are
The Commercial Real Estate Finance Council (CREFC Europe) is the trade association for commercial real estate (CRE) finance in Europe.
- We are a non-profit association offering our members opportunities to network, collaborate and learn, and to help shape the European CRE debt market and understand and influence its regulatory framework.
- Some 130 current members include banks, insurance firms and debt funds, CRE debt investors, rating agencies, loan servicers, law firms and other specialist advisers, as well as a growing group of real estate firms (i.e. borrowers/sponsors).
What we do
As the collective voice of the industry, we seek to lead on the regulatory, best practice and education aspects of CRE finance. In particular, we:
- Provide information, professional development and networking opportunities to members and other market participants
- Enable those with up to 10 years' industry experience to connect and learn through our network for Young Professionals in Real Estate Finance (YPREF).
- Give our industry a voice with regulators and policymakers, helping them understand its function and how it works, so as to reduce the risk of policy errors and unintended consequences, and provide feedback and insights to members about policy dialogues
- Promote our industry among borrowers, capital providers and in the media, collaborating with other industry organisations where appropriate
- Take a strategic, holistic approach to promote conditions that allow market participants to prosper and adapt in a changing and uncertain world, while supporting the real economy responsibly and delivering returns to investors.
Membership offers the chance to be part of the conversation that helps shape the future of Europe’s CRE finance industry. Since the global financial crisis, our sector has proved vulnerable to regulatory change which has had many unintended consequences. More recently, structural changes accelerated, revealed or provoked by the pandemic and the broader growing focus on climate change and ESG considerations add to the challenges and uncertainties facing CRE lenders and those seeking finance. You can stay informed about that shifting landscape to support your own business, and help us try to safeguard the industry’s future by informing and participating in our dialogue with regulators.
Membership is corporate, so all staff can enjoy the networking, learning and influencing opportunities we offer, including (in some cases, pandemic permitting):
- Attendance free of charge at our industry seminars and webinars, and at pre- or post-conference education sessions for young professionals
- Access to invitation-only events like our annual summer reception and the launch of the national property debt reports we support
- Discounted rates to attend our conferences and training courses, as well as the events organised by our sister organisation in the US (Investor Members, whether investing in CRE debt or real estate, may be entitled to complimentary access to our conferences)
- The ability to get involved in our regulatory committee and other working groups and industry initiatives tackling a range of issues affecting our sector, creating industry guidelines or educating regulators and market participants about particular topics
- News and information about market and regulatory developments and our own activities through our weekly newsletter and other communications and briefings.
Our membership year is the calendar year (rates can be pro rated to the nearest quarter for those joining during the course of the year).
The main membership rate is £5,200+ VAT.
A reduced rate of £2,600 + VAT applies for organisations with no more than ten people involved in CRE finance in Europe.
Firms that invest in CRE debt without an origination platform of their own (for example as bond investors or limited partners in CRE debt funds) are eligible to join as Investor Members at a special rate of £1,250 + VAT.
Real estate firms (i.e. borrowers/sponsors) that are not also involved in CRE loan origination are also eligible to join as Investor Members at a cost of £1,250 + VAT.
Different rates may be available in exceptional cases, such as for individuals involved in the sector but unattached, for the time being, to any firm eligible for membership. Please contact Carol Wilkie for further information.