Overview of family financial management. Analysis of financial situations of individuals and families; assessment of needs for cash and credit management, insurance, tax savings, and investments; introduction to components of a comprehensive family financial plan.
Role of consumers in society and in national and international markets. Consumer rights, responsibilities, policies, regulations and redress. Consumer decision making and planned buying. Current consumer issues such as: product safety, food, health care, housing, environmental impact, banking, credit and insurance from an intercultural perspective.
Principles of space planning and housing design in relation to individual and family activities, needs, and preferences. Introduction to house construction. Reading visual presentations of housing designs.
Principles underlying the selection, use and care of equipment and lighting in the home and the infrastructure that supports home technologies.
Overview of housing as it relates to consumer needs, values, lifestyles, norms and constraints. Includes structural and tenure alternatives, financial and legal considerations, house design, neighborhood choices, the home buying process, and future directions in housing. Government aspects focus on the history of federal involvement in housing, major housing programs, role of state and local government, and current housing issues and policies.
The history of property management, roles and responsibilities of managers, developing effective marketing and maintenance strategies, fair housing, and landlord-tenant law.
Multifamily rental real estate including detailed examination of operational and financial aspects of multifamily property management.
Development and operation management of affordable multi-family, military, and student housing, as well as community associations and mixed-use housing developments. Consideration of consumer lifestyles, financial circumstances, and sustainability issues for each housing option. Pre: AHRM 2674. (3H,3C)
The Housing and Property Management Study Abroad course is offered every other year (2016:2018) to learn about multifamily housing and its management, current and historic residential design, kitchen and bath product design, new ideas in housing technologies, and energy and environmental issues impact on housing and communities. Countries visited include Germany, France, and Czech Republic.
A study of the development and management of sustainable housing, emphasizing energy and environmental resource efficiency.
Examination of competencies necessary to maximize the value of real estate assets through effective operations and financial management practices. Includes detailed examination of income maximization, financial reporting, and the ownership objectives of real estate investors. Pre: AHRM 2674, AHRM 4964 (3H, 3C)
Managing and marketing housing for later life, including active adult communities and assisted living facilities. Pre: Junior standing.
Principles of space plExamination of commercial property management considerations associated with office buildings, medical offices, industrial property, and shopping center space relative to leasing and negotiation, maintenance, marketing practices, and legal and fiduciary responsibilities of the property manager. Pre: Junior standing.
Issues affecting property management, including ethics, professional management decisions, legislative issues, and current management practices. The course culminates in the analysis of an apartment community and development of a management plan. Pre: AHRM 4964 and senior standing in the Residential Property Management option or AHRM 5964 and graduate standing or AHRM 4644.
Study tour that examines trends in the multifamily housing industry focusing on marketing, management, design, and customer service. Pass/Fail only. Variable credit up to 2 credit hours. Co: AHRM 4694.
Internship in the residential property management industry. X-grade allowed.