Multifamily Housing Types
This type of housing offers standard market rate units to the public
Conventional Housing
Group of individuals owns a large block of company stock and maybe publicly or privately traded.
Institutional Owners
This property class is usually 1-5 years old. It has less maintenance and more amenities.
Class A
This type of building uses less land and builds upward.
High Rise
This person is responsible for generating qualified leads and managing the brand and reputation of the company and the communities
Marketing/VP Director
In this housing type, occupants generally pay 30% or less of their income.
Affordable Housing
These professionals act as agents for owners and are paid fees based on performance
Fee managers
This property type is often older and has lots of working class residents. Prices are mostly affordable.
Class C
Apartment style typically with 3 floors with exterior doors and sits on more land.
Garden Style
This executive is accountable for property performance across a full porfolio
VP of Operations/Property Management
This type of housing is designed for active duty service members and their families?
Military Housing
The abbreviation REIT stands for?
Real Estate Investment Trust
These types of property are usually 25 years and older and require a lot of upkeep.
Class D
Building uses elevators and typically has 4-9 floors.
Midrise
This site employee's main job is to keep the property clean. They do things like pick up grounds and empty trash.
Groundskeeper/Porter
Property that is designated for older adults, age 55 and older?
Senior Housing
Type of company that can both own properties and provide fee management services
Property Management Company (PMC)
Property is 5-15 years old and requires more maintenance in order to run properly.
Class B
This type of building had residential and commercial space available for rent.
Mixed Use
This person manages the community managers and is usually the first stop for residents who can't get resolutions at the site.
Regional/District Manager
These are specialized residential units for college or university students?
Student Housing
Publicly owned real estate structures that allow people to invest in apartment buildings without buying the actual property?
REIT
This property type receives funds from the government and may offer second chance leasing.
Class D
In a mixed use building the commercial units are typically located where?
First floor
This site employee places orders, oversees completion of make readies, and other maintenance staff
Lead Maintenance