Glossary of Terms

Amenities 2019-02-03 08:00:00

Amenities

Defined as a desirable or useful feature of a building or place, amenities look to provide comfort and convenience for tenants occupying the property. Amenities encompass additions that are in excess of the basic needs of an individual, and usually include features such as pools, workout facilities, and internet.

Amenities are popular across several real estate asset classes, such as multifamily and student housing, and add another layer of value for the underlying tenant. Amenities are not limited to real estate of this sort, however, and can be included in single-family housing as an added benefit as well.