Comparison · 13 material differences
CREDA (formerly NAIOP) vs PREA
This comparison was generated on request from the records. It carries no editorial verdict and is not indexed. The published comparisons are listed on the compare page.
Read down each column for one organization, across a row for the difference. A bronze mark at the left of a cell means the organizations differ on that row. A dash or “not published” means the organization does not disclose the fact — it is not a zero.
Verified September 2026
Professional association
Verified September 2026 CREDA (formerly NAIOP)
Commercial real estate developers, owners, investors and asset managers, plus the professional and service firms that work with them
Professional association
PREA
Institutional investors in real estate — public and corporate pension funds, endowments, foundations, insurers and family offices — together with the investment managers, advisers…
What the records say
- Maximum age at joining — CREDA (formerly NAIOP): Developing Leaders membership is for professionals aged 35 and under; PREA: No published maximum age at joining.
- Industry restriction — CREDA (formerly NAIOP): Principal membership: employed by an organisation whose primary business is development, ownership, asset management or investment; PREA: Corporate membership: organisations providing investment management, advisory, consulting, property management, legal, accounting, appraisal or other services to institutional investors, including REITs and real estate operating companies.
- Annual dues — CREDA (formerly NAIOP): $875–1,250 a year; PREA: $9,995 a year.
Side by side
| CREDA (formerly NAIOP) | PREA | |
|---|---|---|
| Profile | ||
| Type | Professional association | Professional association |
| Founded | 1967 (Founded in 1967 as the National Association of Industrial Parks.) | 1979 |
| Headquarters | Herndon, United States | Hartford, United States |
| Geographic footprint | Chapters across North America, including four in Canada (Calgary, Edmonton, Greater Toronto, Vancouver) | Primarily North America, with international institutional investor and manager firms among members; PREA runs conferences in the United States and abroad |
| Members | 21,000as of September 2026 | 700as of September 2026 |
| Chapters | 54 | No chapters; PREA operates as a single association with a conference and research programme. |
| Primary audience | Commercial real estate developers, owners, investors and asset managers, plus the professional and service firms that work with them | Institutional investors in real estate — public and corporate pension funds, endowments, foundations, insurers and family offices — together with the investment managers, advisers and service firms that work with them |
| Typical member | Membership is individual rather than corporate, though companies routinely pay for staff. CREDA's application form splits members into Principal members (people whose employer's primary business is development, ownership, asset management or investment) and Associate members (people at firms providing products and services to that industry), with further tiers for second, third and subsequent people from the same firm in the same chapter. | PREA's membership is organisational. Its own description covers public and corporate pension funds, endowments, foundations, insurance companies, investment advisory firms, REITs, developers, real estate operating companies and industry service providers. The dues structure separates institutional investors, defined as organisations investing predominantly for their own account, from corporate members selling services to them. |
| Qualification | ||
| Maximum age at joining | Developing Leaders membership is for professionals aged 35 and underCREDA states the Developing Leaders programme is "an exclusive program geared specifically for all professionals age 35 and under"; the 2023 application form required proof of age. Members who qualify are enrolled automatically if the association holds their date of birth.verified September 2026 · source ↗ | No published maximum age at joining |
| Industry restriction | Principal membership: employed by an organisation whose primary business is development, ownership, asset management or investmentDefinition taken from the association's own chapter membership application form (2023 edition).verified September 2026 · source ↗ | Corporate membership: organisations providing investment management, advisory, consulting, property management, legal, accounting, appraisal or other services to institutional investors, including REITs and real estate operating companiesverified September 2026 · source ↗ |
| Invitation required | No | No |
| Sponsor required | No | Not documented |
| Application process | Applicants complete an online membership application, selecting a membership type and a chapter, which together determine the dues. CREDA emails a confirmation or a request for supporting documentation, and new members get immediate access to association resources and their local chapter. Student, academic and public official categories require documentary proof. | Applicants apply online, logging in first if they already hold a PREA account. Applications are reviewed before member-only access is activated; once approved and paid, access is granted the same business day. |
| Selectivity | Not publicly disclosed; the published process is open application with eligibility determined by the applicant's type of employment rather than by selection. | Not publicly disclosed. PREA states applications are reviewed but publishes no criteria beyond the category eligibility tests and no acceptance rate. |
| Cost | ||
| Annual dues | $875–1,250 a yearFull member (first person from a firm), whether Principal or Associate. Range across three of the association's own 2023 chapter application forms: Chicago $875, New York City $1,030, Washington $1,250. CREDA does not publish a national rate; dues are set chapter by chapter.verified September 2026 · source ↗ | $9,995 a yearFull Corporate membership — unlimited company representativesverified September 2026 · source ↗ |
| Initiation fee | CREDA states plainly that "dues are determined by a combination of factors including age, the chapter you select, and if your company has other members in that chapter", and publishes no national rate card on an open page. The figures recorded here come from the association's own 2023 chapter application forms for Chicago, New York City and Washington and should be read as a 2023 range, not as current national pricing. | Not publicly disclosed; no joining fee appears alongside the published dues.verified September 2026 |
| Local chapter dues | $490–725 a yearAffiliate member (second and third person from the same firm in the same chapter): Chicago $490, New York City $630, Washington $725, per the 2023 chapter application forms.verified September 2026 · source ↗ | Dues are charged to the member organisation, not per individual. First-year billing covers the full calendar year and a prorated credit is issued in year two. |
| Membership term | 12 months from joining; the 2023 application form states dues cover 12 months of membership | Calendar year; first-year billing covers the full calendar year with a prorated credit in year two |
| Structure | ||
| Meeting frequency | Chapter events year-round plus national conferences; Developing Leaders programming at chapter and national level | Conference programme through the year plus research and publications |
| Peer forums | Chapter committees and the Developing Leaders programme; no confidential peer forum structure is published | No confidential peer forum structure is published |
| Confidentiality | Not publicly disclosed | Not publicly disclosed |
| Time commitment | Not documented | Not documented |
| Organized as | Chapter-based, Event-focused | Event-focused |
| Confidential peer forums | Partial | No |
| Local chapters | Yes | No |
| Virtual membership | Partial | No |
| Online community | Partial | Partial |
| Member directory | Yes | Yes |
| Events | Yes | Yes |
| Programming | ||
| Educational programming | Yes | Yes |
| Leadership development | Yes | No |
| Retreats | No | No |
| Travel | No | No |
| Family programming | No | No |
| Spouse and partner programming | Not documented | Not documented |
| Next-generation programming | Yes | Not documented |
| Investment discussions | Yes | Yes |
| Investment opportunities | No | Partial |
| Philanthropic component | No | No |
| Networking emphasis | High | High |
| Social emphasis | Medium | Low |
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Sources
Drawn from the sources listed on each page: CREDA (formerly NAIOP) · PREA