Commercial real estate is a large and complex segment of real estate. Broadly defined, CRE refers to actively managed commercial real estate on an institutional scale. The primary segments within the CRE landscape are:
Sometimes it's not obvious what is included in the label of CRE.
For example, the multi-family real estate (MFRE) segment is often thought to be a separate vertical, but it is actually included under commercial real estate. MFRE refers to residential, income producing properties that consist of five or more units. The primary property types within MFRE are: