The Voice Of Real Estate,An Engine Of Our Economy
Our Mission
The Real Estate Roundtable brings together leaders of the nation’s top publicly-held and privately-owned real estate ownership, development, lending, and management firms with the leaders of major national real estate trade associations to jointly address key national policy issues relating to real estate and the overall economy.
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Spotlight
RESOURCE
March 12, 2025
RER Members: Call to Action—Oppose Proposals Limiting Deduction of State and Local Business Property Taxes
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RESOURCE
March 26, 2025
Coalition Urges Congress to Preserve Current Tax Law on Carried Interest
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Explore Our Policy Issues
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The Real Estate Roundtable’s business and trade association leaders identify, analyze, and coordinate positions on public policies to ensure a cohesive industry voice is heard by government officials and the public.

We remain committed to advocating for national policies that support economic stability, job expansion, and long-term economic growth.

Policy Issues
Spotlight
RESOURCE
January 22, 2025
January 2025 Executive Summary - Policy Priorities
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RESOURCE
January 22, 2025
January 2025 Policy Priorities
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Roundtable Weekly
TOP STORIES
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LAST WEEK
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Spring Roundtable Meeting
April 11, 2025
Spring Roundtable Meeting Highlights Tax and Trade, Housing, and Global Challenges Confronting Real Estate
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Budget & Policy Landscape
April 11, 2025
Congressional Republicans Pass Budget Resolution, Move One Step Closer to a Final Tax Bill 
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Tariffs
April 4, 2025
Global Trade Tensions Escalate, Real Estate Industry Sees Mixed Outcomes
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Budget & Policy Landscape
April 4, 2025
Senate Budget Deal Advances with Trump Support, Tax Policy in Focus
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Tax Policy
March 28, 2025
Real Estate Industry Urges Congress to Preserve Carried Interest
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Budget & Policy Landscape
March 28, 2025
Lawmakers Weigh Tax Priorities as Roundtable Emphasizes Need to Protect Deductibility of Property Taxes
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Tax Policy
March 21, 2025
Coalition Urges Treasury to Withdraw FIRPTA Look-Through Rule
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The Fed
March 21, 2025
Fed Holds Steady on Rates Amid Economic Uncertainty
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EXPLORE ROUNDTABLE WEEKLY
Meeting Information

Members can click below for information on our upcoming Roundtable and policy advisory committee meetings.

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Commercial Real Estate & The Economy

See statistics that show how the real estate industry supports economic growth, millions of jobs and billions in economic development, local property and school taxes, and contributions to Americans’ retirement savings.

Commercial Real Estate by the Numbers
Commercial Real Estate Market Value
$22.5T
Total Value of America’s Commercial Real Estate (Q4 2023)

To put that into perspective, the value of America’s commercial real estate is nearly 39%-47% of the market capitalization of all U.S. publicly traded companies.

Roughly two-thirds of commercial real estate debt relates to non-residential property with the remainder financing multifamily residential rental property (five or more units).

Real Estate's Contribution to GDP
$2.5T
Commercial Real Estate's overall contribution to GDP

The combined economic contributions of new commercial building development and the operations of existing commercial buildings contributed to an estimated $2.5 trillion to GDP and generated $881.4 billion in personal earnings in 2023.

Real Estate’s Contribution To The Workforce
14.1M
U.S. jobs supported by real estate.

These jobs include new commercial building development and operations of existing
commercial buildings in 2023.

In addition, real estate employs millions more indirectly in fields such as mortgage
lending, accounting, legal services, investment advising, and environmental consulting.

Real Estate’s Contribution To The Tax Base
$600B
Yearly property taxes paid to local governments

Commercial real estate owners pay property tax rates that are 1.7x more, on average than tax rates paid by homeowners.

Real Estate’s Contribution To Americans’ Retirement
$900B
Amount invested by pension funds, educational endowments, and charitable foundations in real estate

Real estate plays an important role in investment portfolios to build diversified portfolios and manage risk. Real estate demonstrates valuable and distinct investment characteristics that have made it a staple in pension investment portfolios.