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Artificial Intelligence in Property Management
Artificial Intelligence in Property Management refers to the use of AI systems for analysis, communication support, workflow assistance, document review,...
Property Management Excellence Glossary
Property Types and Management Models
Property type changes the operating plan. Leasing cycles, staffing, maintenance, reporting, compliance, amenities, capital needs, and resident or tenant expectations differ materially across asset classes. Use this collection to compare those distinctions and follow each concept into a practical management standard.
Curated definitions
Explore Property Types & Proptech
Automation
Automation uses configured technology to execute repeatable steps, reminders, routing, data movement, or communications with reduced manual effort.
Build-to-Rent
Build-to-rent is housing constructed on a builder's land with the intention that the completed homes will be operated as rentals rather than sold.
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Commercial Property
Commercial property is real estate used primarily for business or income-producing activity, including office, retail, industrial, medical, hospitality,...
Cybersecurity
Cybersecurity is the protection of systems, credentials, devices, networks, and sensitive owner, tenant, employee, and vendor data from unauthorized...
Data-Driven Decision-Making
Data-Driven Decision-Making uses reliable metrics, trends, comparisons, and evidence to guide property choices while preserving professional judgment.
Energy Efficiency
Energy Efficiency is the reduction of energy use while maintaining required comfort, service, and performance.
Flex Property
A Flex Property combines warehouse, light industrial, office, showroom, laboratory, or service uses in adaptable suites.
Hospitality Property
A Hospitality Property provides short-term lodging and related services, such as a hotel or extended-stay asset.
Industrial Property
An Industrial Property supports manufacturing, storage, logistics, distribution, assembly, research, or related business operations.
Institutional Property
Institutional property is real estate operated primarily to support an enduring education, healthcare, government, cultural, correctional, or nonprofit mission.
Internet of Things
The Internet of Things is the network of connected sensors, devices, controls, and equipment that collect or exchange data.
LEED Certification
LEED Certification is a third-party green-building rating administered by the U.S.
Medical Office Building
A Medical Office Building is office property designed for healthcare providers and related services.
Mixed-Use Property
A Mixed-Use Property combines two or more uses, such as multifamily, retail, office, hospitality, or public space.
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Multifamily Property
A Multifamily Property contains multiple residential rental units within one building or community, ranging from small apartments to large institutional...
Office Property
An Office Property is commercial real estate designed for administrative, professional, corporate, government, or service work.
Property Management Software
Property Management Software is the primary platform used to manage leases, ledgers, payments, work orders, communications, accounting, reporting,...
Proptech
Proptech is technology used to improve how real estate is leased, operated, maintained, analyzed, financed, and experienced.
Public Facility
A public facility is real property operated to deliver a governmental or community function, with management standards tied to mission, access, safety, and stewardship.
Retail Property
A Retail Property is commercial real estate used by businesses that sell goods or services directly to customers.
Self-Storage
Self-Storage is a property type that rents secure storage units to individuals or businesses, often with limited staffing and technology-enabled access.
Senior Housing
Senior Housing includes age-targeted or care-oriented residential properties such as independent living, assisted living, memory care, and skilled nursing.
Shopping Center
A Shopping Center is a planned retail property with multiple tenants, shared parking or common areas, coordinated signage, and a tenant mix intended to...
Short-Term Rental
A Short-Term Rental is furnished residential lodging offered for brief stays rather than a traditional long-term tenancy.
Single-Family Rental
A single-family rental is a one-unit residential structure operated as rental housing, whether detached or qualifying as an attached single-family home.
Smart Building
A Smart Building uses connected controls, sensors, analytics, and automation to monitor or optimize systems such as HVAC, lighting, energy, access,...
Student Housing
Student Housing is residential property designed or operated primarily for college or university students.
Sustainability
Sustainability is the management of property resources, systems, materials, and operations to reduce environmental impact while supporting financial...
Tenant Portal
A Tenant Portal is a secure digital interface through which occupants may make payments, submit work orders, access documents, receive updates, or...
Utility Benchmarking
Utility Benchmarking compares a property’s energy or water use and cost over time or against similar assets using consistent units and occupancy context.
Warehouse
A Warehouse is an industrial building primarily used to store, receive, process, or distribute goods.