Illustrated in full color, this authoritative resource explains best practices, techniques, and trends in multifamily housing developments.

This comprehensive reference describes how to develop condominiums, townhouses, single family homes, and neighborhoods.

This updated and revised text reflects trends in residential development and current practices, and provides a working manual on development principles and practice. Divided into nine chapters, it covers: project feasibility; financing; alternative and supplemental development.

This practical, real-world guide gives investors all the tools they need to make wise decisions when weighing the value and potential of investment properties. Written for old pros as well as novice investors, this friendly, straightforward guide walks readers step by step through every stage of property analysis. Whether you're buying or selling, investing in big commercial properties or single-family rentals, you'll find expert guidance and handy resources on every aspect of real estate finance, including: * Proven, effective valuation techniques * Finance tips for all different kinds of property * How various financing strategies affect investments * Structuring financial instruments, including leverage, debt, equity, and partnerships * Measurements and ratios for investment performance, including capitalization rates and gross rent multiplier ratios * Future and present value analysis * How the appraisal process works * Primary appraisal methods-replacement cost, sales comparison, and income capitalization-and how to know which one to use * How to understand financial statements, including income, balance, and cash flow * Case studies for single-family rentals, multifamily conversions, apartment complexes, and commercial office space * A detailed glossary of important real estate terminology

"NAA, NMHC,and IREM have joined forces to crfeate 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..."--back cover.