Abbreviations & Terms
Below is a list of the commonly used abbreviations & Terms used in the Apartment Insights publication and in the reports found on www.apartmentinsights.com. If you can not find the abbreviation or term you are looking for please contact us at: info@apartmentinsights.com.
Property Type:
Conventional |
Projects other than the following three project types; primarily projects whose rental rates are not subject to government subsidy (may include Affordable Housing projects charging market rents), have long-term conventional leases, and charge market rents. |
Subsidized |
Projects where rental rates are subject to government agency subsidy for low income residents, including any Affordable Housing projects charging maximum rents set by government agency. |
Apt/Hotel |
Operates with weekly or daily rentals and does not accept monthly or long-term leases. |
Student Hsg |
Projects which typically rentby the bed(room) to college students. |
Property Status:
Stabilized |
is having once reached that point during a lease-up phase where net absorption is not positive for three consecutive months. |
Lease-up |
is an opening or re-opening of a project for lease until stabilization occurs. |
Out-of-Service |
property is non-operational. |
Rents:
Gross |
These are the market or asking rents. |
Net |
Rental amount after concessions have been deducted from gross rent. |
Economic |
Amount closer to what is being brought in for then unit type, taking in to account concessions & vacant units. |
Construction
Construction - Style:
Garden |
1-3 stories |
Garden (Elv.) |
1-3 stories with elevator |
Midrise |
4-7 stories |
Mid (Elv.) |
4-7 stories with elevator |
High (Elv.) |
8+ stories with elevator |
Mixed |
Multiple buildings with different styles |
Construction - Building Type:
Blk&Stuc |
Block with Stucco |
Blk&Wdsd |
Block & Wood Siding |
Block |
Block |
Brick |
Brick |
Brk&Wdsd |
Brick & Wood Siding |
Concrete |
Concrete |
EIFS |
Exterior Insulation & Finish System |
F&S, Blk |
Frame & Stucco, Block |
F&S, Wds |
Frame & Stucco, Wood Siding |
Frm&Stuc |
Frame & Stucco |
FibrCmnt |
Fiber Cement Siding |
Marblcrete |
Marblecrete |
Other |
Type not listed above |
Rck&Wdsd |
Rock & Wood Siding |
Vinyl |
Vinyl Siding |
Vinyl,Wds |
Vinyl & Wood Siding |
Wood Side |
Wood Siding |
Construction - Roof Type:
Built-up |
Built-up |
Comp & Tile |
Composite Shingle & Tile |
Comp Shngl |
Composite Shingle |
Cncrte Shg |
Concrete Shingle |
Foam |
Foam |
Metal |
Metal |
Shgl & BU |
Shingle & Built-up |
Tile |
Tile |
Tile & BU |
Tile & Built-up |
Wd Shg & BU |
Wood Shingle & Built-up |
Wood Shngl |
Wood Shingle |
Other |
Type not listed above |
Parking:
Det Gar |
enclosed garage structures detached from dwelling units. |
Atch Gar |
enclosed garage structures attached/connected to specific apartment. |
Open |
open, surface parking |
Covered |
covered carports or, if indicated in Comments, community garage parking |
Utilities - Meters:
Utilities - Type:
Water Htr |
water heater |
E&G, |
electric & gas |
Elect |
electric |
Heat |
heating |
Cool |
cooling |
Plug In |
plugs into electric outlet |
Fan/Cen |
air handled by fan on a central system |
Hot Wa |
hot water |
Utilities - System:
Boiler/Ind |
boiler system with individual meters or a combination of master metered boilers and individual meters in one property |
Chiller |
chiller system with master meter |
Boiler |
boiler system with master meter |
Indiv |
individual metered sytems |
Utilities – Meters:
Indiv, Mstr |
individual or master meters; or a combination of individual and master meters. |
Master |
master (one) meter |
Utilities - Paid By:
Own |
owner |
Res |
resident |
Policies:
Applicant Fee |
may include administrative, application and/or credit report fees. |
Pets Allowed |
"All" indicates any type of pet; |
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"Most" includes dogs and cats (most likely with size restrictions); |
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"Dog" means dogs only; "Cat" means cats only; |
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"Other" indicates pets other than cats or dogs; |
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"None" indicates no pets. |
Pet Deposit |
non-refundable amount is followed by an "N" and refundable by an "R." |
Last Sale/Ownership
Amount |
dollar amount. |
Date |
date of transaction, generally the date of recordation. |
$/Unit;$/SF |
price per unit and price per square foot of the last sale if it has been identified as an arms-length transaction. All other transactions will reflect "N/A." |
Method - type of ownership entity.
Ltd P |
Limited Partnership |
Gen P |
General Partnership |
Corp |
Corporation |
Trust |
Trust |
JV |
Joint Venture |
REIT |
Real Estate Investment Trust |
Indiv |
Individual |
Unkn |
Unknown |
LLC |
Limited Liability Company |
Financing Type
Conv |
Conventional |
Bond |
Bond |
HUD |
Housing & Urban Development |
Unkn |
Unknown |
Latest Event - tracks distress situations.
Notice of Sale |
Date it will occur (Default) |
Bankruptcy Chap 11 |
Date filed |
Bankruptcy Chap 7 |
Date filed |
Receiver Appointed |
Date of actual property takeover |
Amenities:
All of the amenities within each apartment (unit) and on the property (complex) are indicated in abbreviated form due to the vast number of options. Following is a description of the abbreviations used.
Units
9FS |
9 Foot Ceiling-Some |
9FT |
9 Foot Ceiling |
AC |
Air Conditioning |
ACO |
Air Conditioning-Optional |
ACS |
Air Conditioning-Some |
BPS |
Private Balcony/Patio-Some |
BT |
Bluetooth Speakers |
BTS |
Bluetooth Speakers-Some |
CF |
Ceiling Fans |
CFO |
Ceiling Fans-Optional |
CFS |
Ceiling Fans-Some |
CM |
Crown Molding |
CNT |
Stone Counters |
CTO |
Cable, Satellite or Direct T.V.-Optional |
CTV |
Cable T.V./Direct T.V. or Satellite |
DB |
Doorbell |
DBS |
Doorbell-Some |
DL |
Pendant Lighting |
DLS |
Pendant Lighting-Some |
DSP |
Disposal |
DSS |
Disposal-Some |
DW |
Dishwasher |
DWS |
Dishwasher-Some |
FFR |
Frost-free Refrigerator |
FP |
Fireplace |
FPO |
Fireplace-Optional |
FPS |
Fireplace-Some |
FRS |
Frost-free Refrigerator-Some |
GAR |
Attached Garage |
GRO |
Attached Garage-Optional |
GRS |
Attached Garage-Some |
HF |
Hardwood Floors |
ICE |
Ice Maker |
IMS |
Ice Maker-Some |
KE |
Keyless Entry |
KI |
Kitchen Island |
KIS |
Kitchen Island-Some |
MB |
Mini-blinds |
MBS |
Mini-Blinds-Some |
MTS |
Masonry Tile Floors |
MW |
Microwave |
MWO |
Microwave-Optional |
MWS |
Microwave-Some |
PBP |
Private Balcony/Patio |
PE |
Private Entry |
PES |
Private Entry-Some |
RT |
Roman Tub |
RTS |
Roman Tub-Some |
SA |
Stainless Steel Appliances |
SAS |
Stainless Steel Appliances-Some |
SCO |
Self-cleaning Oven |
SH |
SmartHome-System |
SHS |
SmartHome-System-Some |
SNS |
Stone Counters-Some |
SOS |
Self-cleaning Oven-Some |
SS |
Security System |
SSO |
Security System-Optional |
SSS |
Security System-Some |
STG |
Storage |
STO |
Storage-Optional |
STS |
Storage-Some |
SWD |
Stacked Washer/Dryer |
SWO |
Stacked Washer/Dryer-Optional |
SWS |
Stacked Washer/Dryer-Some |
T1 |
T1 Line (or high speed internet connection) |
T1O |
T1 Line-Optional |
T1S |
T1 Line-Some |
TB |
Kitchen Backsplash |
UCL |
Under-Cabinet Lighting |
UO |
USB Outlet |
VB |
Vertical Blinds |
VBS |
Vertical Blinds-Some |
VCS |
Vaulted Ceilings-Some |
VLT |
Vaulted Ceilings |
WD |
Washer/Dryer |
WDH |
Washer/Dryer Hook-ups |
WDS |
Washer/Dryer-Some |
WDO |
Washer/Dryer-Optional |
WHS |
Washer/Dryer Hook-ups-Some |
WI |
Walk-in Closets |
WIS |
Walk-in Closets-Some |
WPS |
Walk-in Pantry-Some |
Complex
BB |
Basketball Court(s) |
BBQ |
Barbecue Area(s) |
BIL |
Billiards |
BR |
Bike Repair Area |
BS |
Bike Storage |
CBN |
Cabanas |
CCA |
Car Care Area |
CLB |
Clubhouse/Recreation Room |
CRM |
Computer Room/ Business Center |
EC |
Electric Car Charging Station |
ES |
Energy Star Certified |
FPP |
Fire Pit-Place |
GR |
Game Room |
HB |
Handball Court |
HS |
Horseshoes |
JOG |
Jogging Trail |
KIT |
Kitchen/Wet Bar |
LD |
LEED Certified |
LND |
Laundry Room(s) |
OCA |
Outdoor Community Area |
OK |
Outdoor Kitchen |
PL |
Parcel Lockers |
PLY |
Playground(s) |
PP |
Pet Park |
PUT |
Putting Green |
PW |
Pet Wash Area |
RAC |
Racquetball Court(s) |
RCP |
Recreation Program |
RD |
Rooftop Deck |
SAU |
Sauna(s) |
SBD |
Shuffleboard |
SC |
Sport Court(s) |
SCP |
Security Patrol |
SG |
Limited Access Gate or Controlled Building Access |
SLN |
Beauty Salon |
SP |
Swimming Pool(s) |
SPA |
Spa(s) |
SPH |
Heated Swimming Pool(s) |
TEN |
Tennis Court(s) |
THR |
Theater |
VB |
Volleyball Court(s) |
WER |
Weight/Exercise Room/ Fitness Center |
WF |
WiFi Common Area |
YS |
Yoga/Spin Room |
Model
Unit Type
Flat - |
apartment units constructed in more than one story. |
TH - |
townhouse construction wherein the individual unit occupies more than one-story. |
Loft - |
more than one story with the second story containing no enclosed rooms. |
One Stry - |
apartment units constructed in only one story. |
House – |
detached house |
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Size - |
the actual or estimated square footage; livable/net square footage has been used whenever attainable. |
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Rents - |
"Furn" reflects rents for furnished units and "Unfurn" for unfurnished units. In the event that the rent for a particular model varies, the lowest rate is shown in the model information section, and the high rent, with an explanation for the variance in rents, is noted in the "Comments" section. |
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Deposits - |
refundable security deposits. |
Redec Fee - |
Non-refundable redecorating/cleaning fees. May reflect non-refundable administrative fees. |
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