Asset Classes

  • Residential Asset Class

  • Real Estate

  • Bonds

    • When you lend money to municipal, government, and corporate bonds where you lend money with the promise that you will pay them back

    • Commodities

  • Currencies

  • Debt (individual companies)


  • Real Estate

    • Land, Residential, and Commercial

    • Greenfield - undeveloped land

    • Infill - located in a city been developed now vacant

    • Brown Field - parcels of land used for industrial or commercial purpose but now available for re use

  • Residential Asset Class

    • Single-family homes: Standalone houses designed for occupancy by a single family

    • Multi-family units: Buildings containing multiple separate housing units, such as apartment complexes

    • Condominiums: Individually owned units within a larger building or complex, with shared common areas.

    • Duplexes/Triplex/

    • Townhome

    • Vacation | Fractional Ownership

  • Commercial Asset Classes

    • Multifamily:

      • Suburban Garden Apartments - 1960s move to suburbs

      • Garden Apartments

        • 3-4 Stories

        • 100-400 units

        • Features: Open space layouts, community amenities, and landscaped grounds that facilitate outdoor living.

      • Midrise Apartments

        • 5 -10 stories

        • 200 -400 units

        • Elevator Service

      • High Rise Apartments

        • larger markets

        • 200 - 400 units

      • Senior Living Facilities

        • Assited/Nursing/Independent,

      • Student Housing

    • Build to rent

    • Medical Office: A growing sector that offers stable rental income due to the increasing demand for healthcare services and facilities.

    • Government

    • Education

    • Office

      • Class A

        • Considered the best of the best in terms of construction and location

        • Achieve the highest possible rents and sales prices in the market - top 30 - 40% of the market

        • typically located in prime urban areas with superior amenities and access to transportation.

      • Class B

        • High quality construction but located in a less desirable location


      • Class C

        • Inferior mechanical and building systems - looks cheap

        • below average maintenance, very limited services compared with B, less attractice location

      • Central Business District Building (CBD)

        • Office buildings located in the central business district of the city or in multiple nodes

        • Suburban Office Building - generally includes midrise

      • Hospitality

        • Full Service Hotel

        • in CBS tourist area

      • Conference Center

        • upscale rooms

        • meeting space

      • Boutique Hotels

        • smaller hotels

        • Extended Stay Hotels

          • Larger rooms with small rooms designed for people staying longer


  • Retail

    • Anchor Tenant: a larger retail tenant serves to draw customers to a property

    • In Line Tenants: Follow the anchor tenants and have co-tenancy agreements with the property tied to anchors

    • Sub Classes

      • Strip Malls - smaller retail properties

      • Community Retail Centers multiple anchors tend to rent

      • these are designed to serve local neighborhoods and typically include a mix of convenience-oriented retailers and services.

      • Shopping Mall

      • Mixed Use

        • Larger scale master planned communities

        • lifestyle center

      • Industrial

        • This asset class is highly custommized with machinery

      • Heavy Manufacturing

        • Light Assembly: much simpler than heavy manufacturing properties (storage product assembly

        • Flex Space; industrial property that can be easily converted

        • Warehosues - very large industrial buildings

          • Normally in the range of 50,000

      • data centers

        • facilities designed to house computer systems and associated components, such as telecommunications and storage systems.

        • Mobile Homes

        • RV Homes

        • Agriculture

          • crop producing, animal producing timber

          • self storage, car washes, theme parks, bowling allets, sports entertainment venues, churches


      • Lease Vs Sale

        • Renting or leasing a property for a fixed period of time

        • Lease Durations: largest and shortest terms

        • Sale: Transferring ownership of a property or asset to another party outright, which may provide immediate capital but relinquishes future income from that asset.

        • Lease Durations:

          • Largest terms: Often span 10-30 years, ideal for stable investments.

          • Shortest terms: Typically range from month-to-month or annual agreements, allowing flexibility for both landlords and tenants.

          • Alternative Investments: Includes assets like private equity, hedge funds, and collectibles that often provide diversification in a portfolio.

      • Advantages to Buying

        • Ownership provides potential long term appreciation equity buildup

        • complete control over the property;s use and customization

      • Considerations for lease

        • Lease expenses are typically ongoing