NOW HIRING!

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.

    Doug Olson, PE

    Senior Managing Director
    Business Development

    dolson@bbgres.com  +  617-319-5711 Boston Office

    Doug has over 25 years of experience in the environmental and property condition due diligence industry.  He has conducted Environmental Site Assessments (ESAs) and Property Condition Assessments (PCAs) for a wide range of local and national clients, including banks, agency lenders, FHA/HUD Lenders, investment banks, life companies, law firms, property owners, wireless telecom providers, municipalities and public housing authorities.  The properties he has evaluated included multifamily residential, retail, office, industrial and hospitality facilities. Mr. Olson has conducted hundreds of PCAs and ESAs in accordance with ASTM Standards, the USEPA All Appropriate Inquiry rules, Fannie Mae Delegated Underwriting Standards, Freddie Mac guidelines, HUD MAP/LEAN guidelines, LIHTC guidelines and State Housing Finance Authority (SHFA) guidelines.  Based on his experience and education, he meets the definition of an Environmental Professional as defined in §312.10 of 40 CFR 312.  His environmental background includes a detailed understanding of the risks associated with hazardous and regulated materials storage, use generation and disposal, above ground and underground storage tanks and polychlorinated biphenyls (PCBs), as well as the ASTM non-scope considerations of asbestos, lead-based paint, radon and microbial growth. 

    Bundled Services

    One-stop shop for valuation + assessment services.

    Specialty Practices

    Affordable Multifamily

    Healthcare

    Multi-Housing Communities and Campgrounds

    Right of Way

    Financial Reporting

    Cannabis

    Hospitality

    Car Wash

    Seniors Housing

    Request a Quote

    MM slash DD slash YYYY
    Services Needed
    Check all boxes that apply
    This field is for validation purposes and should be left unchanged.

    Assessment News

    Oct 13 2022

    Why Zoning Reports Mark the Beginning and End of Real Estate Transactions

    Zoning laws are a fact of life in practically every part of the United States. They create an orderly development of property that benefits communities economically,...
    Jun 16 2022

    Reducing Risk of Earthquake-Related Property Damage 

    Earthquakes occur with great frequency in this country and elsewhere across the globe. Fortunately, most of the nation’s earthquakes typically don’t result in...
    Dec 01 2021

    The New ASTM E1527-21 Standard Practice for Phase I Environmental Site Assessments (ESA)

    The BBG Environmental Assessment Team Highlights Key Changes The American Society for Testing and Materials (ASTM) Committee on Environmental Assessment, Risk...
    Mar 30 2021

    Independent Valuation and Assessment Firms Gain National Platform, Technology and Corporate Support by Joining BBG

    Most business owners consider selling their business at one point of time. Over the last few years, there have been 11 proprietors who have benefitted greatly from...
    Mar 09 2021

    CRE Due Diligence: The Benefits of Bundling Third-Party Reports

    Due diligence is a vital component of real estate transactions Commercial real estate is a high-value investment, so conducting proper due diligence is critical on all...
    Feb 01 2017

    BBG Assessment Adds and Promotes Key Team Members

    Dennis Cruise has joined BBG Assessment as Managing Director to lead the Energy Assessment team.  Dennis is a Certified Energy Manager (CEM), Certified Energy Auditor...
    Nov 10 2016

    Appraisals Assist in Underwriting Loans to Minimize Risks

    Lenders use many services, including appraisals, to assist in underwriting loans,  and the integration of these services to obtain data is a main component toward real...
    Jun 06 2016

    From Acquisition to Disposition: BBG’s Expanded Service Offerings

    Elite athletes share a common attribute that also holds true for BBG, and that's versatility. The overwhelming majority of Ohio State's football recruits are...