1210-AC38 comment 2648 Nareit 05292026

Summary: Nareit, the worldwide representative voice for REITs, supports the Department of Labor's proposed framework for fiduciaries to consider performance, fees, liquidity, valuation, benchmarks, and complexity. The organization argues that these six factors are highly appropriate for real estate investment and provides extensive data showing that REITs often outperform private real estate in these specific areas.