NCREIF MVI
Free
4.9.1for iPhone, iPad and more
Age Rating
NCREIF MVI Screenshots
About NCREIF MVI
NCREIF has created three new data series derived from commercial properties that qualify for the flagship NCREIF Property Index (NPI). All properties in the NPI have been acquired and managed on behalf of tax-exempt institutional investors, principally pubic and private pension funds.
Whereas the NPI is market-weighted, the three new series presented here are equal-weighted (each property is equally represented in the data that are themselves averages of all qualifying properties) and as such are representative samples of operating performance of the universe of US commercial real estate.
Detailed discussions of the rationale and computations of these series may be found on the NCREIF web site linked below.
The Market Value Index (MVI) is a measure of the quarterly change in market value of each qualifying property.
The Free Cash Flow Yield (FCFY) is a measure of the amount of a property’s quarterly operating net cash flow available for distribution to investor/owners expressed as a fraction of market value.
The Capital eXpense Ratio (CXR) is a measure of the quarterly expenditures for on-going costs of business not accounted for in the Net Operating Income (NOI) including leasing commissions, tenant improvements, and other expenditures for replacement of long-lived equipment or physical structures, mostly tenant spaces, expressed as a fraction of market value.
The iPad version offers additional statistical measures including correlations among the data series across all property types.
The National Council of Real Estate Investment Fiduciaries (NCREIF) is an association of institutional real estate professionals in the United States.
Whereas the NPI is market-weighted, the three new series presented here are equal-weighted (each property is equally represented in the data that are themselves averages of all qualifying properties) and as such are representative samples of operating performance of the universe of US commercial real estate.
Detailed discussions of the rationale and computations of these series may be found on the NCREIF web site linked below.
The Market Value Index (MVI) is a measure of the quarterly change in market value of each qualifying property.
The Free Cash Flow Yield (FCFY) is a measure of the amount of a property’s quarterly operating net cash flow available for distribution to investor/owners expressed as a fraction of market value.
The Capital eXpense Ratio (CXR) is a measure of the quarterly expenditures for on-going costs of business not accounted for in the Net Operating Income (NOI) including leasing commissions, tenant improvements, and other expenditures for replacement of long-lived equipment or physical structures, mostly tenant spaces, expressed as a fraction of market value.
The iPad version offers additional statistical measures including correlations among the data series across all property types.
The National Council of Real Estate Investment Fiduciaries (NCREIF) is an association of institutional real estate professionals in the United States.
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What's New in the Latest Version 4.9.1
Last updated on Feb 9, 2024
Old Versions
- Updated historical data through Q4, 2023.
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Version History
4.9.1
Feb 9, 2024
- Updated historical data through Q4, 2023.
4.9
Aug 5, 2023
- Updated graphing engine to CorePlot 2.4.
- Added Semi-Interquartile Range statistic, a better estimate than Standard Deviation for dispersion of distributions that are distinctly non-Normal or skewed.
- Added Semi-Interquartile Range statistic, a better estimate than Standard Deviation for dispersion of distributions that are distinctly non-Normal or skewed.
4.7.1
Jun 13, 2022
- Fixed bug related to updating new data.
- Default data updated through 4th Quarter, 2021.
- Current users should remove older version from your device and download this version 4.7.1.
- Default data updated through 4th Quarter, 2021.
- Current users should remove older version from your device and download this version 4.7.1.
4.7
Oct 7, 2020
- Changes necessitated by iOS 13 & 14
4.6
Sep 15, 2020
- Various GUI fixes.
4.5
Aug 31, 2020
- Updated code for iOS 13.
- Various GUI changes especially in the iPhone version.
- Fixed two bugs in iPad code.
- Various GUI changes especially in the iPhone version.
- Fixed two bugs in iPad code.
4.4
Jun 5, 2019
- Removed links to Facebook and Twitter
4.3
Feb 15, 2019
- Fixed bug resulting from the addition of a PDFKit framework in iOS 12.
4.2
Feb 11, 2019
- Added audio cues to most control objects.
- Fixed bug related to accessing PDF file-generating routine when not permissible.
- Compiled with Xcode 10.1.
- Fixed bug related to accessing PDF file-generating routine when not permissible.
- Compiled with Xcode 10.1.
4.1
Oct 31, 2018
- Modified GUI to adapt to iPhones with or without notch.
4.0
Jul 9, 2018
- In iPad version there is now an optional correlation table with confidence intervals with numeric and graphical displays.
- Confidence intervals are user defined and the beginning and ending dates of the various statistical series can be adjusted.
- GUI changes to accommodate iOS 11 and iPhone X.
- Improved the process of downloading updated data from the Internet.
- Confidence intervals are user defined and the beginning and ending dates of the various statistical series can be adjusted.
- GUI changes to accommodate iOS 11 and iPhone X.
- Improved the process of downloading updated data from the Internet.
3.3.1
Aug 11, 2017
- Fixed display of red "back" button on iPhone version.
3.3
Dec 4, 2016
- Various tweaks to accommodate iOS 10.
3.2
Oct 27, 2015
- Added a new derived computation in the iPad version for the Internal Rate of Return (I.R.R.) over a user-selectable time period.
- Cash flows in the IRR include a purchase price of $100.00, quarterly cash flows in dollars derived from MVI and FCFY, and a sales price at the indexed MVI over the user defined period.
- Cash flows in the IRR include a purchase price of $100.00, quarterly cash flows in dollars derived from MVI and FCFY, and a sales price at the indexed MVI over the user defined period.
3.1
Oct 9, 2015
- Some GUI tweaks for consistency across NCREIF apps.
3.0
Sep 29, 2015
- Added data option to the iPad version: Capital Expenditures divided by Net Operating Income.
- Fixed bug created by iOS 9 that prevented access to URL for uploading data.
- Other changes to adapt to iOS 9, mostly involving fonts.
- Fixed bug created by iOS 9 that prevented access to URL for uploading data.
- Other changes to adapt to iOS 9, mostly involving fonts.
2.0
Aug 2, 2015
- In the iPad version, the indexed series will reset to and index of 100.0 in the quarter prior to the starting date as the date slider is moved.
- Bug fixes and code improvements.
- Bug fixes and code improvements.
1.3
Jul 22, 2015
- Bug fix in stats routine.
1.2
Jul 9, 2015
- Changes all to the iPad version.
- Added an indexing option for the MVI and MVI+FCFY series.
- Added table page indicator beneath the table that permits swiping left or right to view data for different property types.
- Code improvements.
- GUI tweaks.
- Added an indexing option for the MVI and MVI+FCFY series.
- Added table page indicator beneath the table that permits swiping left or right to view data for different property types.
- Code improvements.
- GUI tweaks.
1.1
Jun 29, 2015
- Updated link to iTunes App Store.
- Enlarged the date slider on the iPad version to make it easier to select and move.
- Enlarged the date slider on the iPad version to make it easier to select and move.
1.0
Jun 24, 2015
NCREIF MVI FAQ
Click here to learn how to download NCREIF MVI in restricted country or region.
Check the following list to see the minimum requirements of NCREIF MVI.
iPhone
Requires iOS 12.4 or later.
iPad
Requires iPadOS 12.4 or later.
iPod touch
Requires iOS 12.4 or later.
NCREIF MVI supports English
