At Partner, we specialize in Property Condition Assessments (PCA) and Property Condition Reports (PCR) in St. Louis, Missouri. Our team of architects, engineers, and commercial building inspectors meticulously assesses each subject property to understand its condition. The resulting Property Condition Report provides a comprehensive overview of the building’s systems and their status. Of particular importance are the Immediate Repairs Table and the Replacement Reserve Table, which help our clients gauge the building’s impact on financial performance.
For CMBS lenders, insurance providers, portfolio lenders and other institutions, our PCA Reports adhere to the stringent requirements set forth by major rating agencies like Standard and Poor’s. We follow the ASTM E2018 Standard Guide for Property Condition Assessments, ensuring Baseline Process compliance.
Our reports thoroughly examine all major building systems, site improvements, and relevant aspects. The Immediate Repairs Table identifies any failing or damaged components, along with pricing for necessary repairs and life safety issues. The Replacement Reserve Table projects long-term capital needs.
We consult the ASTM standards and the National Engineering and Environmental Due Diligence Association (NEEDDA) white paper to ensure our assessments meet industry best practices. NEEDDA, a non-profit promoting due diligence excellence, provides authoritative guidance that informs our approach.
Additional St. Louis, Missouri state and local information about Property Condition Assessment can be obtained from the following resources:
Property Condition Assessment in St. Louis, Missouri are unique due to several factors:
However, in general, the core process and standards for conducting comprehensive Property Condition Assessments does not drastically differ from other major U.S. cities. Qualified PCA providers maintain consistent methodologies in line with industry standards like ASTM E2018. But understanding the regional context is key for PCA firms operating in the St. Louis market.