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Apartments
Apartments in RCA's database are multifamily rental properties (those that accommodate more than one family or household), with at least 10 units.
Apartment properties are classified as either Garden complexes or Mid/High-rise projects, which are defined as four stories or greater.
Other subtypes include Senior Independent, an apartment complex where residents are required to be a certain age; usually 55+ and few to no special amenities or resident care are provided and Student Housing, an apartment complex where the majority of residents are college students.
Related Terms: >> Garden, Mid/high-rise, Multifamily
Next >> Appraised
This site and the reports herein represent the most comprehensive data set of investment activity compiled for the commercial real estate industry. While no information in this highly fragmented market is perfect or all encompassing, Real Capital Analytics (RCA) has established rigid data collection and classification methodology including sourcing requirements and procedures to ensure information is accurate and timely.
RCA has attempted to conform wherever possible to the proposed standards and definitions of the Data Consortium (sponsored by NCREIF, PREA, NAREIM) and the Appraisal Institute. Any known deviations from these standards are noted.