Get a Detailed Portrait of Your CRE With a PCA

Whether it be part of due diligence or budgeting for capital planning, a CREtelligent Property Condition Assessment (PCA) is an important tool. A PCA examines an asset’s condition, from its foundation to its interior and exterior finishes, framing, roofing, HVAC, and electrical systems. Our PCAs also provide reasonable estimates for the remaining useful life and costs for immediately needed repairs, as well as costs associated with maintaining the property over a specified term.

Specifications
  • Follows the industry-accepted guidelines of ASTM E2018
  • Can also meet Fannie Mae/Freddie Mac PCA multifamily guidelines
  • On-site assessment of the condition of the property, from the foundation to the roof, including any improvements
  • Interviews with persons knowledgeable about the property’s history and maintenance, local permitting authorities, and others
  • Review of available plans, drawings, receipts, warranties, proposals, and more related to the property
  • Recommendations for immediate repairs and anticipated long-term capital replacements, and opinions of cost for each
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What Is a Commercial Property Condition Assessment?

A Property Condition Assessment (PCA) is a vital tool in the commercial real estate due diligence process. It provides investors, owners, and stakeholders with a clear, professional evaluation of a property’s current physical state and anticipated maintenance needs. Whether you’re acquiring a new asset, planning renovations, or preparing for a refinancing event, a PCA helps you mitigate risk and plan confidently.

Why Commercial Property Condition Assessments Matter

Understanding the true condition of a commercial property ensures informed decision-making. Here are the key benefits of a PCA:

  • Risk Mitigation: Identify costly defects and deferred maintenance before a transaction closes
  • Budget Clarity: Plan for short- and long-term capital expenditures with reliable cost estimates
  • Portfolio Planning: Benchmark assets and prioritize maintenance across your portfolio
  • Compliance & Safety: Stay aligned with lending and insurance requirements while improving occupant safety
  • Negotiation Tool: Use the findings to renegotiate purchase prices or establish seller credits

What’s Included in Our PCA Services?

Each CREtelligent PCA includes a comprehensive physical inspection and documentation of the asset’s components. Here’s what you can expect:

  • Site Improvements: Pavement, curbs, landscaping, drainage systems, signage, fencing
  • Structural Frame & Building Envelope: Foundations, bearing walls, framing, roofing, exterior finishes
  • Mechanical, Electrical & Plumbing (MEP) Systems: HVAC units, plumbing fixtures, electrical panels, and service
  • Interior Elements: Flooring, ceilings, walls, stairs, accessibility components, tenant finishes
  • Life Safety Systems: Fire alarms, sprinklers, emergency exits
  • Code & Regulatory Review: Based on available records and interviews
  • Cost Tables: Including Immediate Repairs and Replacement Reserve Tables

When Should You Order a PCA?

You should consider a Commercial Property Condition Assessment during the following:

  • Pre-Acquisition Due Diligence
  • Loan Origination or Refinance Events
  • Capital Budget Planning and Asset Management
  • Disposition Strategy Planning
  • Insurance or Compliance Review

Why CREtelligent?

At CREtelligent, we bring together experienced building professionals, local inspectors, and nationwide reach to deliver PCAs that are reliable, detailed, and fast. Our process blends tech efficiency with personalized insight, ensuring every report provides clarity and actionable recommendations.

  • Trusted Nationwide Network: Local knowledge with national consistency
  • In-House Experts: On-staff engineers and environmental professionals
  • Customer-Centric Approach: Hi-tech when you want it, high-touch when you need it
  • Flexible Turnarounds: Standard and expedited delivery options
  • Integrated Solutions: Combine PCAs with Environmental, Zoning, or Valuation services for holistic due diligence

FAQs About Property Condition Assessments

1. How long does it take to complete a PCA?

Most PCAs are completed within 10 to 12 business days, depending on property size, complexity, and location. Expedited options are available.

2. Do I need a PCA for a refinance?

Yes. Many lenders require a PCA as part of the underwriting process to assess risk and estimate capital reserves.

3. Can I combine a PCA with other reports?

Absolutely. CREtelligent offers bundled due diligence services that integrate Environmental Assessments, Zoning Reports, and more.

4. What standard do you follow for your assessments?

All our PCAs follow the ASTM E2018 standard, the industry benchmark for baseline property condition assessments.

5. What if the report finds major issues?

We provide clear documentation, cost estimates, and can work with you to prioritize repairs or renegotiate terms with other parties involved in the transaction.

Ready for a Clear Picture of Your Property?

Don’t leave property conditions to chance. CREtelligent delivers reliable, standards-based Commercial Property Condition Assessments to support smarter investment, lending, and asset management decisions.

Request your PCA today and gain clarity, confidence, and control. Call us at 866-941-6813 to speak with a due diligence expert.

Call (866) 901-7201 To Order

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