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.
You never get a second chance to make a first impression. Your company’s parking lots are often the first customer touchpoint. Do your lots appear as inviting expanses of carefully-tended blacktop, or are they full of potholes? Be sure your lots reflect the pride of your Company Brand.
Roof repairs can be costly, and replacements involve a significant capital investment. We have completed hundreds of successful roofing projects. Obtain valuable insight into what wears them out and how to spot problem areas.
Commercial Real Estate professionals tend to think that if a building is relatively new, then there shouldn’t be many serious issues of concern. In the complex world of building materials though, newer is not always better. Over the years, our industry has witnessed building materials such as fire-retardant-treated plywood, polybutylene, and ABS piping, EIFS and engineered wood siding, oriented strand board, and Chinese drywall added to a growing list of items prone to poor performance and/or failure. The latest and possibly most dangerous addition to the list may be certain Aluminum Composite Materials (ACM) used in exterior cladding applications.
Much like buyers, sellers, and lenders for homes need to know the condition of those properties, buyers, sellers, and lenders of commercial properties need to know the condition of those properties as well. A PCA is very similar to a home inspection but on a much larger scale. You’ve probably known someone to have a home inspection done – or perhaps you have had one done yourself – so you know the basic drill.