Property Condition Assessments

PCA's are part of CEC's package of Due Diligence Services. Often required by lenders, a PCA provides an analysis of a building or facility (including site features such as parking lots) to help establish a buyer's risk due to the condition of the facility. The analysis includes architectural, structural, mechanical and electrical systems and elements.

PCAs

CEC's PCAs are provided by a team of multi-discipline professionals who perform a thorough evaluation of buildings and ancillary areas. Baseline PCAs are general in nature and designed to identify significant problems with an associated high cost of repair. Detailed PCAs comply with ASTM and/or Standard and Poor's standards and are more comprehensive. The findings can be used for establishing building repairs or maintenance schedules.

PCA’s are part of CEC's package of Due Diligence Services. Often required by lenders, PCAs provide an analysis of a building or facility (including site features such as parking lots) to help establish a buyer's risk due to the condition of the facility. The analysis includes architectural, structural, mechanical and electrical systems and elements. The scope and depth of the analysis is governed by the standards defined in ASTM Standard Guide for Property Condition Assessments: Baseline Property Condition Assessment Process E2018-01.

CEC's PCA practice is headed by a registered architect with over 25 years of experience in architectural practice, with a concentration on renovations, each of which included an evaluation of an existing building or facility. We offer a multi-discipline team of professionals including structural, electrical and mechanical engineers who can provide specific analyses of the various building components encountered.

The PCA process includes a walk-through survey of the facility, documentation of existing conditions, including digital photographs, and research into the code compliance of the facility covering both building and zoning issues. The resulting Property Condition Report (PCR) includes cost estimates for the maintenance of the facility projected over a period of time defined by the lender or buyer of the property. This PCA practice forms an integral part of the overall Due Diligence required in property transfers and re-financing.

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