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:
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