What Are the Different Types of Real Estate?
There are two major categories of real estate, (1) Residential and (2) Commercial:
Residential Includes:
- Apartments and townhouse (Centurion Apartment REIT focuses on this type of real estate)
- Condominiums (condos)
- Single family homes
- Duplexes
- Multi-family homes
- Mobile homes
- Modular homes (land leases), a subcategory of the multiresidential industry
- Cottages and cabins
Commercial Includes:
- Office buildings
- Shopping malls
- Industrial real estate
- Retail space
- Hotels, Motels & Resorts