Build a Modern Understanding of Real Estate Investing
Clients often view real estate as a single asset class. In practice, it encompasses a broad range of sectors, structures, risks, and return profiles.
The CAIA.nxt™ Real Estate Microcredential helps you build the knowledge needed to navigate that complexity. You’ll gain a practical understanding of how different real estate investments behave and how they can be used to support a variety of portfolio objectives.

Navigate the Real Estate Opportunity Set
Offered entirely online, the Real Estate Microcredential is a six-hour program designed for busy professionals. Drawing on insights from leading asset and wealth management firms, the course combines foundational concepts with real-world perspectives to help you evaluate and discuss real estate investment opportunities.
Each module is designed to build your understanding step by step.
Module 1
The Fundamentals of Real Estate
- The History of Real Estate Investing
- Characteristics of Real Estate
- Types of Real Estate
- Real Estate Equity and Debt Investing
- Listed vs. Unlisted Real Estate
- Performance Expectations of Real Estate
Module 2
Investing in Real Estate
- Heterogeneity of Commercial Real Estate
- Office Sector
- Industrial Sector
- Retail Sector
- Multi-Family Sector
- Emerging Sector
Module 3
Introductions to Real Estate
Sectors
- Size of the Real Estate Market and the Investible Universe
- Listed vs. Unlisted Real Estate Investments
- Real Estate Debt
- Real Estate Equity
- Sustainability in Real Estate Investing
Module 4
Real Estate Portfolio
Implementation
- Important Fund Vehicle Concepts
- Fund Vehicles and Real Estate Investing
- Performance Measurement
- Asset Allocation and Portfolio Construction
- Implementation
Individual Course Enrollment Fee
US$395*
*Group rates available for teams and organizations. Contact the CAIA.nxt™ team for details at nxt@caia.org.
Supported by the Wealth and Asset Management Industry

Nuveen is a global investment leader, managing an array of public and private assets for clients around the world and on behalf of our parent company TIAA. With diverse expertise across income and alternatives, we invest in the growth of businesses, real estate, infrastructure, farmland, and forests to help make an enduring impact on our world.

PGIM Investments provides access to active investment strategies across the global markets in the pursuit of consistent outperformance for investors. We’re part of PGIM, the global investment management business of Prudential Financial, Inc.—the world’s 14th-largest investment manager with more than $1.3 trillion in assets under management and a company that individuals and businesses have trusted for over 140 years. Our scale and investment experience allow us to deliver a diversified suite of actively managed solutions across a broad spectrum of asset classes and investment styles.
Recognizing Your Accomplishments
After successfully completing the program, you will be awarded a certificate of completion, as well as a verifiable digital badge from CAIA and through Credly. This program will also qualify for 6 continuing education hours for CFP® Board (US only), Investments and Wealth Institute, and Canadian Investment Regulatory Organization (CIRO) members.

