Investment Advisory
The BBG Investment Advisory team prepares an Equity Property Condition Assessment to provide potential investors a more complete understanding of the building’s condition prior to purchase.
An purpose of the Equity PCA is to identify high-cost, immediate-replacement items and deferred maintenance. This information is most often critical for final negotiation of the purchase price.
What do Equity-level Property Condition Assessments Include?
Whether leasing, purchasing, improving, or financing, an Equity PCA provides more detailed insight than a standard property condition assessment including:
- MEP Assessment (mechanical, electrical, plumbing)
- Electrical System Assessment
- Fire and Life Safety Assessment
- ADA / FHA Accessibility Compliance
- Roofing Assessment
- Vertical Transportation Assessment (including elevators and/or escalators)
- Façade/Curtainwall Assessment (ground level, lift or swing stage)
- Structural Engineering Assessment
- Parking Garage Assessment
The process often requires a segregated cost approach to all issues identified in the report. We work with our clients to help define the segregated accounting buckets, so the financial output meets the expectations of each stakeholder.
