RE-160 Chapter Notes - Chapter 1: Multitenancy, Income Property, Money Market Fund
Document Summary
Property types under income properties are classified into the following main and sub categories. The categorization is based on the use of the space to facilitate investment analysis which incorporates analyzing supply and demand: residential properties provide residences for individuals or families and fall into two categories: Industrial properties properties here include those designed for heavy industries, industries warehouse, office/warehouse and warehouses. light: hotel/motel real estate properties properties here vary in size and facilities available and are used by business travelers and families. These include business/convention and tourist/resort type of properties: recreational properties are highly specialized in use and consist of retail space which complements recreational activities. They include country clubs, marinas and sports complexes. Institutional real estate consist of property used by special institution such as government agencies, hospitals or a university. Motivation for investing in income producing properties. There are basically two categories of investors in real estate; the equity investors and lenders.