ADMS 3810 Lecture Notes - Lecture 11: Cash Flow
ADMS 3810
Lecture 11
Management
Properties requiring management
• Residential
o Apartments
o Condominiums/Cooperatives
o Single-family homes
• Office Building
o The rent rate per square foot
o The quality of the tenancies
o The length of the leases
• Retail
o Maintenance requires substantial work
o Make premises more attractive
o Maintain proper tenant mix
o Negotiate the most favorable terms for the owner and
get them
• Industrial
o Built to meet the specific needs of a tenant for long
term lease (10-20 years)
• Hotels and Motels
o Service is crucial
• Hospitals, Rest Homes, Conference Centers, special-purpose
facilities
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