Multi-family residential in the context of "Commercial building"

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⭐ Core Definition: Multi-family residential

Multifamily residential, also known as multidwelling unit (MDU), is a classification of housing where multiple separate housing units for residential inhabitants are contained within one building or several buildings within one complex. Units can be next to each other (side-by-side units), or stacked on top of each other (top and bottom units). Common forms include apartment building and condominium, where typically the units are owned individually rather than leased from a single building owner. Many intentional communities incorporate multifamily residences, such as in cohousing projects.

Housing units in multifamily housing have greater per capita value than single family homes. Multifamily housing has beneficial fiscal externalities, as their presence reduces property tax rates in the community. Contrary to some popular discourse, in particular from NIMBYs, multifamily housing are a lower fire hazard.

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👉 Multi-family residential in the context of Commercial building

Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. Commercial property includes office buildings, medical centers, hotels, malls, retail stores, multifamily housing buildings, farm land, warehouses, and garages. In many U.S. states, residential property containing more than a certain number of units qualifies as commercial property for borrowing and tax purposes.

Commercial buildings are buildings that are used for commercial purposes, and include office buildings, warehouses, and retail buildings (e.g. convenience stores, 'big box' stores, and shopping malls). In urban locations, a commercial building may combine functions, such as offices on levels 2–10, with retail on floor 1. When space allocated to multiple functions is significant, these buildings can be called multi-use. Local authorities commonly maintain strict regulations on commercial zoning, and have the authority to designate any zoned area as such; a business must be located in a commercial area or area zoned at least partially for commerce.

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Multi-family residential in the context of Residential area

A residential area is a land used in which housing predominates, as opposed to industrial and commercial areas.

Housing may vary significantly between, and through, residential areas. These include single-family housing, multi-family residential, or mobile homes. Zoning for residential use may permit some services or work opportunities or may totally exclude business and industry. It may permit high density land use or only permit low density uses. Residential zoning usually includes a smaller FAR (floor area ratio) than business, commercial or industrial/manufacturing zoning. The area may be large or small.

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Multi-family residential in the context of Single family housing

A single-family detached home – also called a single-detached dwelling, single-family residence (SFR), separate house, or other similar terms – is a free-standing residential building. It is defined in opposition to a multi-family residential dwelling.

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Multi-family residential in the context of Medium-density housing

Medium-density housing is a term used within urban planning and academic literature to refer to a category of residential development that falls between detached suburban housing and large multi-story buildings. There is no singular definition of medium-density housing as its precise definition tends to vary between jurisdiction. Scholars however, have found that medium density housing ranges from about 25 to 80 dwellings per hectare, although most commonly sits around 30 and 40 dwellings/hectare. Typical examples of medium-density housing include duplexes, triplexes, townhouses, row homes, detached homes with garden suites, and walk-up apartment buildings.

In Australia the density of standard suburban residential areas has traditionally been between 8-15 dwellings per hectare. In New Zealand medium-density development is defined as four or more units with an average density of less than 350m. Such developments typically consist of semi-attached and multi-unit housing (also known as grouped housing) and low-rise apartments.

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Multi-family residential in the context of 4-over-1

5-over-1 or over-1s, also known as a one-plus-five or a podium building, is a type of multi-family residential building commonly found in urban areas of North America. The mid-rise buildings are normally constructed with four or five wood-frame stories above a concrete podium, usually for retail or resident amenity space.

The name derives from the maximum permissible five floors of combustible construction (Type III or Type V) over a fire-resistive Type I podium of one floor for "5-over-1" or two floors for "5-over-2", as defined in the United States–based International Building Code (IBC) Section 510.2. Some sources instead attribute the name to the wood framing of the upper construction; the International Building Code uses "Type V" to refer to non-fireproof structures, including those framed with dimensional lumber.

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Multi-family residential in the context of Brookfield Properties

Brookfield Properties is a North American subsidiary of commercial real estate firm Brookfield Property Partners, which itself is a subsidiary of alternative asset management company Brookfield Corporation. It is responsible for the asset management of the company's real estate portfolio, including office, multi-family residential, retail, hospitality, and logistics buildings. Brookfield Properties acquired General Growth Properties, one of the largest mall operators in the U.S., and merged it into Brookfield Properties in 2018. As of 2024, Brookfield Properties operates corporate offices in nine countries around the world, including China, India, Germany and the US.

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