Multifamily Housing : The Essential Industry Text

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One paperback desk reference PLUS interactive textbook for $14900

A comprehensive guide for investors, developers, apartment professionals, suppliers and students.

The apartment market is the fastest growing, most dynamic sector of the real estate industry. Students want to understand the fundamentals of the business and professionals want to learn best practices for enhancing the value of an asset and increasing net operating income.

The multifamily industry provides quality housing for over 37 million residents, contributing over $1 trillion dollars annually to the national economy, and is an employer to over 13 million professionals. The need for talent increases by thousands each year. This comprehensive textbook is an essential resource for anyone looking to expand their knowledge and advance their career.

NAA, NMHC, and IREM have joined forces to create Multifamily Housing, a comprehensive resource guide offering insight into the magnitude and strength of the apartment industry. This all-inclusive guide provides the baselines for multifamily operating principles and defines ten critical themes that frame the industry:

  • the composition of the apartment industry, from the professionals and stakeholders involved in all facets of multifamily to the varied demographics who reside in rental housing
  • the types of multifamily investors and the fundamentals of investing in multifamily real estate
  • the basic principles of real estate financing, including sources of debt financing, types of debt instruments, and capital structures
  • the due diligence process and the analytical evaluation that precedes major real estate decisions, including buying a land parcel, beginning a development, or adaptive re-use
  • the aspects of on-site operations, including managing diverse property types
  • the fundamentals of real estate marketing, including the rapidly changing technologies reshaping marketing plans, and strategies for increasing market share
  • the legal and regulatory considerations for multifamily housing at the local, state, and federal levels
  • the crucial role of today’s leaders in creating a “triple bottom line” where the environment in which we live, work, and play can benefit those coming behind us
  • the necessary skills required to advance in one’s career and increase employee engagement
  • the additional resources that would support professional development and expand the body of knowledge related to the multifamily housing industry
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