Driven by a strong wave of institutional re-entry, capital contributions into core private real estate funds earlier this year surged 30% year-over-year, signaling that the world’s most sophisticated institutional investors are aggressively capitalizing on the real estate market reset.1 Even amid recent interest rate increases, financial advisers and family offices are following suit, reassessing how private real estate can contribute diversification, income, and long-term growth to client portfolios.

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New York City. Photo courtesy of Ben O’Bro / Unsplash.

New York City. Photo courtesy of Ben O’Bro / Unsplash.

In response, Accordant Investments is expanding its investment platform and team to bring a broader range of institutional investment approaches to private wealth.

“Private real estate can serve different purposes in a portfolio,” said Greg Stark, CEO of Accordant Investments. “Some clients seek diversified core exposure; others prioritize income or growth. We’re building around those objectives, rather than expecting every investor to fit the same strategy.”

Bringing Institutional Strategies to Private Wealth

Accordant established its foundation through the Accordant ODCE Index Fund (ODCEX), the industry’s first index fund designed to track the NFI-ODCE Index, the benchmark for institutional U.S. core private real estate. ODCEX is nearing its six-year anniversary and, together with its institutional sister fund, represents nearly $10.6 billion in combined assets under management across the indexing strategy—an 89% increase over the past 24 months.2,3

Accordant has since expanded into private funds and specialized co-investment opportunities, like secondaries and hyperscale data center development, sourced through its strategic institutional partner network. It’s through these opportunities that Accordant enables private wealth investors to invest alongside some of the nation’s largest institutional investors.

Two New Strategic Hires, Strengthening Adviser and Family Office Support

As part of its continued investment in adviser and family office support, Accordant has welcomed two new team members, with additional expansion planned.

Ron Macleod joins as Managing Director to lead Accordant’s work with family offices evaluating institutional real estate opportunities. He brings 30 years of family office and investment management experience, with senior roles at Northern Trust Global Family Office, BMO Family Office, US Trust, and Nuveen. Ron attended UCLA and holds his Series 7 and 65 licenses.

Thomas Belcher joins to lead adviser relationships in the Northwest, bringing eight years of financial services and capital-raising experience, including roles at Capital Square and Cantor Fitzgerald. Thomas graduated from Indiana University and holds his Series 7, 6, and 65 licenses.

“Access is about more than offering strategies,” Stark added. “Advisers also need the expertise, resources, and relationships to put them to work for clients.”

As investors reassess private real estate’s role in portfolios, Accordant remains focused on making institutional private real estate more intuitive, accessible, and essential to the advisers and clients it serves.

Learn more about ODCEX by Accordant at investodcex.com.

Due diligence materials and independent research on the portfolio benefits of core private real estate are available at accordantinvestments.com.

About Accordant

Accordant Investments LLC (“Accordant”) provides financial advisers and their clients access to institutional private real estate strategies designed around their objectives for diversification, income, and growth. For more about Accordant, please visit: www.accordantinvestments.com

Sources

All statements and data as of November 10, 2026 unless otherwise noted in sources. 1National Council of Real Estate Investment Fiduciaries (NCREIF), NFI-ODCE First Quarter 2026 Financial Results, released April 2026. 2The IDR Core Property Index Fund (“Sister Fund”) is the institutional index fund managed by IDR Investment Management, LLC (“IDR”). 3Indexing strategy AUM grew from $5.6B to $10.6B between 6/30/24 and 6/30/26.

Important Disclosures

The Accordant ODCE Index Fund (“ODCEX”) is distributed by ALPS Distributors, Inc (ALPS). Accordant Investments LLC is not affiliated with ALPS.

Investments in private real estate, including ODCEX and other Accordant-managed funds, involve risks, including loss of principal, limited liquidity, and valuation differences associated with private investments. Past performance is not indicative of future results. View important product risks and disclosures available at www.accordantinvestments.com/disclosures.

Investors should carefully consider the investment objectives, risks, charges, and expenses of the Accordant ODCE Index Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained online by visiting www.accordantinvestments.com. The prospectus should be read carefully before investing.

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