other_material
confidence high
sentiment neutral
materiality 0.50
TIAA Real Estate Account updates FAQ with Q1 2026 portfolio metrics; RE exposure 80%+
TIAA REAL ESTATE ACCOUNT
- Loan-to-value ratio 18.1%; total leverage facilities $2.6B (credit line + senior notes).
- Asset allocation: West 36.9%, South 34.8%, East 22.6%, Midwest 4.9%, Foreign 0.8%.
- Property type: Industrial 36.9%, Apartment 26.0%, Office 16.8%, Retail 13.0%, Other 7.3%.
- Foreign real estate investments $178M (0.8% of net assets); 20.4% of investments via JVs.
- Expense ratio 0.895% for May 2025–Apr 2026; no liquid REITs held as of Mar 31, 2026.
item 2.02item 7.01item 9.01