Property Condition Assessments

EMG is the industry leader in Property Condition Assessments (PCAs) for engineering due diligence projects associated with commercial real estate transactions.

We designed our Property Condition Assessment to determine the present physical condition of the project and its improvements.  We provide our decision intelligence regarding future anticipated issues, which may result in a financial risk or liability.

The PCA process includes:

• A visual walk-through to observe the existing conditions.
• Review of the available construction documentation, public records and current budgets.
• Deciphering the information gathered and presenting it with intelligence for repair or further detailed review if the issues cannot be determined through visual observation alone.

ASTM E 2018-08 is the Standard Guide for Property Condition Assessments and sets the foundation for the Property Condition Assessment process. It is the initial assessments that baselines the quality and property structure.

Our practices to uphold the ASTM E 2018-08 Standards include:

• Defining high-quality practices for the PCA of real estate improvements
• Facilitating consistent and pertinent content in Property Condition Reports
• Developing practical intelligence for site observations
• Performing document reviews and research associated with conducting PCAs and preparing Property Condition Reports

Property Condition Reports are the gold standard in the commercial real estate industry. They contain a property description and a review of building components. To learn more about a Property Condition Report, click here.

Click below to read more about EMG’s transaction intelligence.