This week, ASTM International announced a new Work Item (WK73431) to develop a revised version of Standard Guide E2018 “Standard Guide for Property Condition Assessments: Baseline Property Condition Assessment Process”. The new PCA guide, which will be published not later than 2022, will replace the current ASTM E2018-15 guide published in 2015. The revised version will be developed by volunteer members of Subcommittee E50.02.
As essential components of due diligence, property condition assessments are critical to successful commercial real estate transactions. Join EMG’s Greg Bailey to learn more about what goes into the comprehensive overviews PCAs provide and how they can help you better plan for both the short and long term.