2022-2023 Course Catalog
Welcome to Virginia Tech! We are excited that you are here planning your time as a Hokie.
Welcome to Virginia Tech! We are excited that you are here planning your time as a Hokie.
The history of residential and commercial property management, roles and responsibilities of real estate managers, developing effective management plans for properties, maintenance strategies, marketing, legal regulations that pertain to real estate management.
Marketing and leasing functions for multifamily residential properties. Leasing processes, options, and online management tools. Market analysis. State and federal housing laws. Preparation for National Apartment Leasing Professional credentials.
Operations management of specialized housing such as senior apartments, active adult communities, independent living communities, assisted living communities, nursing homes, affordable housing, military housing, student housing, as well as community associations and mixed-use housing developments. Consideration of consumer lifestyles, financial circumstances, and sustainability issues for each housing option.
Rental real estate including the management agreement and plan, human resources and relationship management, maintenance and risk management, accounting and finance, and green real estate management.
Examination of the competencies necessary to maximize the value of real estate assets through effective operations and financial management practices. Includes detailed examination of income maximization, financial reporting, and ownership objectives of real estate investors.
Managing and marketing housing for later life, including active adult communities and assisted living facilities. Pre: Junior Standing
Examination of the strategies used to market and lease various types of industrial, office and retail buildings with emphasis placed on brokerage relationships, the legal structure of commercial real estate leases, lease analytics, lease negotiations, and the impact of lease terms on the value of income-producing properties. Pre: Junior Standing.
Issues affecting property management, including ethics, professional management decisions, legislative issues, and current management practices. The course culminates in the analysis of an apartment community and development of a management plan. Senior standing.
Overview of the issues relating to U.S. housing policy with an emphasis on housing affordability, homeownership, fair housing and community development, and homelessness. Examination of the policy tools used to respond to housing problems at local, state and federal levels.
Study tour that examines trends in the multifamily housing industry focusing on marketing, management, design, and customer service. Variable credit 2 credits maximum.
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