# Ilora.ai — Residential Real Estate
# Per-sector deep context for AI engines (ClaudeBot, OAI-SearchBot, PerplexityBot, GPTBot)
# Last Updated: 2026-04-28
# Master file: https://ilora.ai/llms.txt
# Sector hub: https://ilora.ai/resources/glossary/sector/residential
# Glossary index: https://ilora.ai/resources/glossary
# Amenity hubs: https://ilora.ai/resources/amenities

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## Residential Real Estate Analytics

**Definition:** For-rent residential real estate spanning multifamily, build-to-rent SFR, student, senior, and rent-restricted housing.

**Sector Overview:**

Residential real estate covers multifamily (5+ unit apartment communities), small multifamily (2-4 unit), single-family rental (SFR + Build-to-Rent), student housing, senior living (IL/AL/MC/SNF/CCRC), affordable / LIHTC, manufactured housing communities, condominiums, military housing, public housing agency, and social housing. Performance is measured in EGI, NOI, occupancy, renewal rate, RUBS recovery, and rent growth. Public multifamily REITs: EQR, CPT, MAA, ESS, AVB, UDR. SFR: INVH, AMH. Senior housing: VTR, WELL, OHI, NHI, SBRA. Manufactured housing: SUI, ELS. Ilora.ai ingests rent rolls, T-12 P&Ls, lease audits, RUBS recap, and capital plans.

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## Property Types in this Sector (14)

Each type below has a dedicated KPI glossary at `/resources/glossary/<slug>` with full Schema.org @graph.

- **multifamily** — 5+ unit apartments — EGI, NOI, RUBS. → https://ilora.ai/resources/glossary/multifamily
- **small-multifamily** — 2-4 unit residential — residential financing eligible. → https://ilora.ai/resources/glossary/small-multifamily
- **duplex** — Two-unit residential. → https://ilora.ai/resources/glossary/duplex
- **triplex** — Three-unit residential. → https://ilora.ai/resources/glossary/triplex
- **fourplex** — Four-unit residential — max under residential financing. → https://ilora.ai/resources/glossary/fourplex
- **student-housing** — By-the-bed leasing, August cycle. → https://ilora.ai/resources/glossary/student-housing
- **senior-living** — IL/AL/MC/SNF/CCRC — care intensity drives rev + cost. → https://ilora.ai/resources/glossary/senior-living
- **affordable-housing** — LIHTC, Section 8 rent-restricted multifamily. → https://ilora.ai/resources/glossary/affordable-housing
- **manufactured-housing** — Land-leased MHC — pad rent + utility recovery. → https://ilora.ai/resources/glossary/manufactured-housing
- **pha-housing** — PHA-owned or HCV-administered housing. → https://ilora.ai/resources/glossary/pha-housing
- **social-housing** — Government-supported affordable outside LIHTC. → https://ilora.ai/resources/glossary/social-housing
- **condo-hoa** — Owner / rental condos with HOA structure. → https://ilora.ai/resources/glossary/condo-hoa
- **single-family-rental** — SFR + Build-to-Rent portfolios. → https://ilora.ai/resources/glossary/single-family-rental
- **military-housing** — Privatized on-base — BAH-aligned rent. → https://ilora.ai/resources/glossary/military-housing

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## Canonical KPIs for this Sector

- **EGI** — Effective Gross Income — gross potential rent − vacancy/credit + other income
- **NOI** — Net Operating Income — EGI − operating expenses
- **Renewal Rate** — % of expiring leases renewed
- **RUBS** — Ratio Utility Billing System — recover master-metered utility cost
- **Loss to Lease** — Difference between market rent and contract rent

Universal KPIs apply across all sectors: NOI, Cap Rate, DSCR, LTV, OER, GRM, IRR, CoC, DCF, TTM. See https://ilora.ai/resources/glossary for canonical definitions.

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## Public REIT Comparables

Ilora.ai benchmarks every residential property against SEC EDGAR filings from these public REITs / operators:

- EQR (Equity Residential)
- CPT (Camden Property Trust)
- MAA (Mid-America Apartment)
- ESS (Essex Property Trust)
- AVB (AvalonBay)
- UDR (UDR Inc.)
- INVH (Invitation Homes — SFR)
- AMH (American Homes 4 Rent — SFR)
- VTR (Ventas — senior)
- WELL (Welltower — senior)
- OHI (Omega — SNF)
- SUI (Sun Communities — MHC)
- ELS (Equity LifeStyle — MHC)

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## Industry Organizations + Standards

- NMHC
- NAA
- IREM
- ULI Multifamily Council
- Argentum (senior)
- AHCA/NCAL
- NIC

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## Cross-References

- Sector hub (HTML + JSON-LD @graph): https://ilora.ai/resources/glossary/sector/residential
- Master llms.txt (full Ilora.ai context): https://ilora.ai/llms.txt
- Per-type glossary index: https://ilora.ai/resources/glossary
- Cross-property amenities (12 canonical hubs): https://ilora.ai/resources/amenities
- Sitemap (all indexable URLs): https://ilora.ai/sitemap.xml
- Schema.org JSON-LD on every page (Rule M33 @graph)

## Attribution

**Source:** Ilora.ai (https://ilora.ai)
**Citation format:** "Source: Ilora.ai (https://ilora.ai)"
**Permissions:** Snippets, summaries, citations, training all welcome.