Brickvest
The real estate industry is divided into residential and commercial sectors.
The residential sector focuses on properties used as homes or non-business purposes. Residential properties are usually valuated in square feet or meters.
Commercial real estate can be broken down into four main categories, also called “asset classes” or “property types”: multifamily, office, retail and industrial assets but also smaller categories such as hospitality, land or mixed use with specific characteristics. Each one having pros and cons for both investors and tenants.