Comparison · 11 material differences
CREDA (formerly NAIOP) vs TMA
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
TMA
Professionals working in corporate restructuring, turnaround and distressed business — turnaround practitioners, restructuring lawyers, lenders, investors, accountants, appraisers…
What the records say
- Maximum age at joining — CREDA (formerly NAIOP): Developing Leaders membership is for professionals aged 35 and under; TMA: NextGen membership is limited to new members aged 40 and under at the time of application.
- Industry restriction — CREDA (formerly NAIOP): Principal membership: employed by an organisation whose primary business is development, ownership, asset management or investment; TMA: Work in or around corporate restructuring, turnaround and distressed business — practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultants.
- Annual dues — CREDA (formerly NAIOP): $875–1,250 a year; TMA: $475 a year.
Side by side
| CREDA (formerly NAIOP) | TMA | |
|---|---|---|
| Profile | ||
| Type | Professional association | Professional association |
| Founded | 1967 (Founded in 1967 as the National Association of Industrial Parks.) | 1988 |
| Headquarters | Herndon, United States | Chicago, United States |
| Geographic footprint | Chapters across North America, including four in Canada (Calgary, Edmonton, Greater Toronto, Vancouver) | 54 chapters worldwide, 34 of them in North America; international chapters across Europe, Asia, Latin America, Africa and Australia |
| Members | 21,000as of September 2026 | 10,000as of September 2026 |
| Chapters | 54 | 54 |
| Primary audience | Commercial real estate developers, owners, investors and asset managers, plus the professional and service firms that work with them | Professionals working in corporate restructuring, turnaround and distressed business — turnaround practitioners, restructuring lawyers, lenders, investors, accountants, appraisers and advisers |
| 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. | TMA reports its membership as roughly 43% turnaround practitioners and advisers, 20% attorneys, 14% lenders and bankers, 3% investors and 20% other related professionals including receivers, appraisers, academics, government officials, judges and recruiters. Membership is individual only, not by firm. |
| 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 ↗ | NextGen membership is limited to new members aged 40 and under at the time of applicationAvailable for two years or until age 41, whichever comes firstverified September 2026 · source ↗ |
| 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 ↗ | Work in or around corporate restructuring, turnaround and distressed business — practitioners, attorneys, accountants, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters and consultantsTMA does not publish a formal eligibility test for professional membershipverified September 2026 · source ↗ |
| Invitation required | No | No |
| Sponsor required | No | No |
| 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. | An individual joins through my.turnaround.org, choosing a membership category and a local chapter. Discounted categories — NextGen, government or academic, and student — require verification and are subject to approval. Membership runs for twelve months from enrolment on an individual anniversary cycle. |
| 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 — membership is open to professionals in the field; only the discounted categories are described as subject to approval |
| 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 ↗ | $475 a yearProfessional membership; includes membership of the member's local chapterverified September 2026 · source ↗ |
| 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 ↗ | No separate chapter dues for professional members — local chapter membership is included in the professional rateverified September 2026 · source ↗ |
| Membership term | 12 months from joining; the 2023 application form states dues cover 12 months of membership | 12 months from enrolment, on an individual anniversary cycle |
| Structure | ||
| Meeting frequency | Chapter events year-round plus national conferences; Developing Leaders programming at chapter and national level | Local chapter programmes through the year plus TMA Annual, regional symposia and other conferences |
| Peer forums | Chapter committees and the Developing Leaders programme; no confidential peer forum structure is published | No confidential peer forums; members organise through chapters, committees and volunteer groups |
| Confidentiality | Not publicly disclosed | Could not be independently verified — no published confidentiality policy was found |
| Time commitment | Not documented | Not documented |
| Organized as | Chapter-based, Event-focused | Chapter-based, Event-focused |
| Confidential peer forums | Partial | No |
| Local chapters | Yes | Yes |
| Virtual membership | Partial | No |
| Online community | Partial | Partial |
| Member directory | Yes | Yes |
| Events | Yes | Yes |
| Programming | ||
| Educational programming | Yes | Yes |
| Leadership development | Yes | Partial |
| Retreats | No | No |
| Travel | No | No |
| Family programming | No | No |
| Spouse and partner programming | Not documented | No |
| Next-generation programming | Yes | Yes |
| Investment discussions | Yes | Partial |
| Investment opportunities | No | Partial |
| Philanthropic component | No | No |
| Networking emphasis | High | High |
| Social emphasis | Medium | Medium |
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Sources
Drawn from the sources listed on each page: CREDA (formerly NAIOP) · TMA