FHCE 4330- Final Exam Guide - Comprehensive Notes for the exam ( 44 pages long!)
Document Summary
Leasing strategy: deliberate approaches, actions, decisions, consider what, why, how, where you are and where you want to be, operate within the environment, not uniform, requires attention and flexibility to change. Industry snapshot: trillion dollar + industry, 25. 4 million jobs, 2% of gross domestic product (gdp, 7 million more rental households by 2020. Tremendous growth in recent years: on par with transportation and utilities. Immigration, millennials, baby boomers now downsizing or converting for equity. Immigrants: mid rise (5-9 stories can vary, mix between low rise and high rise. Located on each floor: used for trash and recycling, parking garages, air conditioned or not, reserved or not, boiler system, central, hot water and heat. Loops to all apartments: booster pump helps get water to the top of the apartment building, emergency generator, required, provides lighting for emergencies. 100% of area median income (ami: affordable. Senior housing: 55 , various forms (market or affordable) Product types effects on leasing strategies: private.