Physical Due Diligence

Property Condition Assessment (PCA)

Our Property Condition Assessments typically include a review of the following information:

Construction plans, repairs/renovation proposals, records of capital expenditures and historical repairs, and estimated budgets for improvements.
Site features including parking and flatwork, landscaping and site topography and drainage.
Roof coverings, flashing, expansion joints, drainage and parapet walls.
Building material and finishes including construction framework, foundation, interior/exterior walls and doors, finishes and windows.
Electrical systems including transformers, switchgears, distribution and emergency power.
Plumbing systems including piping material, water heaters, and drainage.
Conveyance systems including lifts, elevators and escalators.
Fire protection systems including suppression systems and alarms.
Utility connections, and refuse disposal.
ADA accessibility including parking, interior/exterior routing, restrooms and elevators.

Everything that our professionals find during a PCA is put together in an organized Property Condition Report (PCR). The report will summarize information on:

A summary describing overall property condition and relevant deficiencies discovered.
Lists of specific deficiencies classified as immediate or deferred maintenance items and recommended actions with budgetary costs.
Capital Needs/Replacement Reserves schedule within a client specified term length and budgetary costs.
Descriptive text describing site components and building construction types, material and systems.
Color photographs depicting major building systems, deficiencies and general property appearance.

Capital Expenditures Budget Review

To ensure proper budgeting and phase planning on a project, GES performs Capital Expenditures Budget Reviews. We review budgets and pertinent documents submitted by the borrower including plans and specifications, permits, hard and soft cost budgets, and timelines to determine how the costs of repairs/replacements already completed, currently being completed and planned completion compare to the findings of the PCA completed.

Each site visit report is accompanied by photos, cost estimate sheet(s), and comparison review report.

The GES Difference:

Due Diligence Indifference is Simply Undue Negligence

Physical Due Diligence

Property Condition Assessment (PCA)

Capital Expenditures Budget Review