greenspam wrote:when will it be 'time' to get back into the tiaa-cref real estate acct ???
When they have paid off at least $2 billion of their $4 billion in mortgage loans (about $1 billion due in the coming year).
When they have returned the $1.2 billion in "loans" that they have received from the General (Traditional) Account.
When their cash reserves are restored.
When commercial real estate begins to appreciate.
When returns from office rentals returns to normal levels.
When net assets show consistent growth above present $8 billion.
When they begin purchasing, rather than selling, properties.
You have plenty of time.
Remember, the "NAV" of the REA is not determined by what investors will pay for it, but by the values of its properties, other assets and its liabilities. You are not likely to "miss the boat".