The notion of community college first developed in the United States. With the sole aim of getting students a job centric course that is affordably reliable. As for some, the four year graduate course has proved to be highly expensive and therefore they discontinue their education. Community colleges were set up for students who could not afford expensive courses, it was for them that this course was designed so that they could work as well as receive education in areas they seek to enter in future. Taking into consideration, certain specific areas which needed job oriented education and training, made community colleges a hit in local areas. Such colleges’ focal point was to provide students with an all round extensive training. The objective is training them to survive in the professional world.

These colleges offer various vocational courses to enroll in. Most students mistakenly take community college to be 13th grade, but it is not so. Their courses are equivalent to what the four year graduate programs offer, sometimes even better than them. In fact, if so is the case then students receive much better education at a community college that too at a cheaper price. In addition, students studying from a community college procure a chance to stay at home and not away. By the time their education is over they also learn to live independently, move out and handle all responsibilities.

Study at a community college gets over in a span of two years rather than four. This being another plus point saves two years, making it an option worth considering. You save two substantial years to move ahead.

Small size of classes at community colleges, make professors easily approachable. Where students get a chance to approach professors for solving problems, get added study assistance and individual attention. In a way, helping students to clear their doubts, spend more time in learning and hone their talents to get excellent grades. This small/limited group of professors and students makes it easy to socialize. These connections with faculty members will later on work as recommendations and open up a host of opportunities.

Canadian Community colleges are like sparks of hope in darkness for those students who cannot continue their education because of some hindrance.

Established in 1966, Centennial Community College was the first in Ontario. Initially serving in the east of Greater Toronto Area, via four campuses and seven satellite locations, Centennial College is well known across Canada for its history of ideal way of teaching and innovative programs. This Canadian college has highly career focused programs for candidates.

The school of Community and Health studies are famous for its innovative programs, eminent academic standards, and applied research in healthcare and educational technology. Centennial helps you transform your talents into professional skills.

Market Study Fundamentals

Market studies are performed to evaluate real estate market conditions with regard to an existing or proposed property. The focus of a market study details competition within the submarket, the strength or weakness of the submarket. Also, market study indications that the submarket will continue to improve or weaken and how the existing or proposed subject property is likely to perform within the submarket.

Most market studies are obtained by developers contemplating building a new apartment project, condominium project, commercial property or subdivision. In some market studies, the developer wants independent thought and insights regarding market conditions and the probability of success. In other market study cases, either partners or a lender require independent analysis regarding the proposed project.

While market studies are obtained for proposed projects, many real estate owners and investors benefit from market studies and/or market research for existing projects. The studies address upgrading interior amenities, common area amenities, or repositioning the property so it is better received by the market. Market research for an existing property can determine the prospective and concerns of existing tenants, prospective tenants, and independent leasing agents regarding the subject property. This market research can discern latent problems negatively affecting the property.

Elements of a market study typically include market rent or condo sale prices, market occupancy, absorption, projects under construction, proposed construction, capture rate for the subject property and the timing likely required to achieve stabilized occupancy for the proposed property. In many cases, market analysts are asked for insight regarding unit amenities, common area amenities, building size, unit sizes, and the overall level of finish for a property. In some cases, the developers simply ask the market analyst to conceptually design a project which best fits the subject market and location.

Market rent condo, sale prices and occupancy are determined by researching properties which are comparable to the existing or proposed subject property. Market absorption is ideally obtained from aggregate data provided by a primary data collector (someone who comprehensively surveys all properties in the market). Information on properties under construction and proposed for construction are obtained from a variety of sources including interviews with developers, brokers, data services, city permits and driving the subject submarket.

The market analyst develops opinions regarding market rental rates or asking prices for condos and occupancy for the subject property after compiling and analyzing the above referenced data. One of the critical opinions is the time required for a property to reach stabilized occupancy. This factor substantially affects the financial feasibility of the project.

Consider the project experience, depth of staff and experience of the consultant prior to engaging a consultant engaging a market study. A skilled market analyst can not only provided meaningful insights to market conditions and trends, but can also assist in refining development decisions regarding the project.

O’Connor & Associates has prepared over 1,000 market studies for apartments, office, office warehouse, retail, industrial, subdivisions, single-family and special use properties. We provide market study and appraisal services on a nationwide basis. Our 30+ market analysts have over 300 years of collective experience.

For more information on our market studies, contact Kathryn Koepke at 713-686-9955 or fill out our online form.

The Market Research and Consulting division of O’Connor & Associates benefits those who are involved in commercial property investing. Statistical data, ownership and management information is routinely gathered for four major land uses – multifamily, office, retail and industrial. This information allows investors to compare competitive properties, facilitate business decisions and track market and submarket performance. In addition the data is useful to brokers who for example continually monitor Houston retail center leasing, Houston office center leasing, Houston industrial center leasing, Houston apartment rental, Dallas apartment rental, Ft. Worth apartment rental, Austin apartment rental, San Antonio apartment rental.

This capacity to research, analyze and interpret market trends and the impact of specific transactions is a major reason for why developers and acquisition experts rely on O’Connor & Associates for market studies, feasibility studies, rent studies, tax credit studies, project design guidance, property performance evaluation and lease audits. O’Connor & Associates is an acknowledged source of trends in real estate investing and market activity.

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