STRATTON SECURITIES INC.
Summary
New Multifamily Housing Construction (except For-Sale Builders) | Prefabricated Metal Building and Component Manufacturing | Lessors of Residential Buildings and Dwellings | Lessors of Nonresidential Buildings (except Miniwarehouses) | Lessors of Other Real Estate Property | Other Individual and Family Services | Temporary Shelters | Other Community Housing Services | Emergency and Other Relief Services
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Classification
Description
New Multifamily Housing Construction (except For-Sale Builders)
This includes general contractor establishments primarily responsible for the construction of new multifamily residential housing units (e.g., high-rise, garden, town house apartments, and condominiums where each unit is not separated from its neighbors by a ground-to-roof wall). Multifamily design-build firms and multifamily housing construction management firms acting as general contractors are included in this industry.
Prefabricated Metal Building and Component Manufacturing
This includes establishments primarily engaged in manufacturing prefabricated metal buildings, panels, and sections.
Lessors of Residential Buildings and Dwellings
Establishments in this category are primarly engaged in acting as lessors of buildings used as residences or dwellings, such as single-family homes, apartment buildings, and town homes. Included in this industry are owner-lessors and establishments renting real estate and then acting as lessors in subleasing it to others. The establishments in this industry may manage the property themselves or have another establishment manage it for them.
Lessors of Nonresidential Buildings (except Miniwarehouses)
Establishments in this category are primarly engaged in acting as lessors of buildings (except miniwarehouses and self-storage units) that are not used as residences or dwellings. Included in this industry are: (1) owner-lessors of nonresidential buildings; (2) establishments renting real estate and then acting as lessors in subleasing it to others; and (3) establishments providing full service office space, whether on a lease or service contract basis. The establishments in this industry may manage the property themselves or have another establishment manage it for them.
Lessors of Other Real Estate Property
Establishments in this category are primarly engaged in acting as lessors of real estate (except buildings), such as manufactured home (i.e., mobile home) sites, vacant lots, and grazing land.
Other Individual and Family Services
Establishments in this category are primarly engaged in providing nonresidential individual and family social assistance services (except those specifically directed toward children, the elderly, or persons with intellectual and/or developmental disabilities).
Illustrative Examples:
Community action services agencies
Marriage counseling services (except by offices of mental health practitioners)
Crisis intervention centers
Multi-purpose social services centers
Family social services agencies
Family welfare services
Self-help organizations (except for disabled persons, the elderly)
Suicide crisis centers
Hotline centers
Telephone counseling services
Temporary Shelters
This includes establishments primarily engaged in providing (1) short-term emergency shelter for victims of domestic violence, sexual assault, or child abuse and/or (2) temporary residential shelter for homeless individuals or families, runaway youth, and patients and families caught in medical crises. These establishments may operate their own shelters or may subsidize housing using existing homes, apartments, hotels, or motels.
Other Community Housing Services
This includes establishments primarily engaged in providing one or more of the following community housing services: (1) transitional housing to low-income individuals and families; (2) volunteer construction or repair of low-cost housing, in partnership with the homeowner who may assist in the construction or repair work; and (3) the repair of homes for elderly or disabled homeowners. These establishments may subsidize housing using existing homes, apartments, hotels, or motels or may require a low-cost mortgage or sweat equity. These establishments may also provide low-income families with furniture and household supplies.
Emergency and Other Relief Services
Establishments in this category are primarly engaged in providing food, shelter, clothing, medical relief, resettlement, and counseling to victims of domestic or international disasters or conflicts (e.g., wars).
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