By Gary Cohn, RA, Director of Institutional A&E Services, published in the November 2025 edition of Retail & Restaurant – Facility Business
With shifting consumer habits and an oversupply of traditional retail space in many markets, adaptive reuse has become a strategic solution for owners and operators in the retail and restaurant sectors. Repurposing an existing facility — whether it’s a former big box store, strip mall, or standalone restaurant — can be faster, more cost-effective, and more sustainable than ground-up development. But not every building is ready for a second act.
A Property Condition Assessment (PCA) tailored for adaptive reuse can uncover both opportunities and limitations, helping stakeholders make informed decisions early in the process.
For more on Adaptive Reuse, read the full article here.

March 25, 2026
Effective communication is key to successful lender-consultant partnerships—improving clarity, reducing delays, and supporting better deals.

March 11, 2026
In this Globe St. article, Brett Hayes discusses how sellers who complete due diligence before going to market can reduce re-trades and keep deals moving forward.

February 05, 2026
Fannie Mae recently released updates to its Multifamily Property Condition Assessment (PCA) requirements that will have an immediate impact on how PCAs are reported. The revisions include updates to Form 4099- Instructions for Performing a Multifamily Property Condition Assessment, and Form 4099.G - Known Problematic Materials and Property Design Issues. Among the most notable changes are new requirements related to the remediation of aluminum wiring.




