As with existing commercial real estate assets, assets in a pre-construction or construction phase require valuation for capital raising purposes, whether funds are to be borrowed or raised via equity investors. Unlike existing assets, however, construction projects lack financial history to demonstrate value—there’s no rent roll, leases, or income statements for an appraiser to review. How, then, do commercial valuation consultants place a value on a construction project?
In this article, Eric Enloe, Partner Valuation Advisors, discusses how to evaluate and protect a construction project’s value.

June 22, 2026
Partner has named Frederick Ellington, AIA, LEED AP, as Technical Director in its Construction Services division. With 30+ years of experience, he strengthens the firm's construction risk management, due diligence, and project advisory capabilities for commercial real estate clients.

May 27, 2026
Capital planning in commercial real estate has entered a new phase. In addition to traditional lifecycle replacements, managers now face a growing set of capital needs driven by energy ordinances, decarbonization goals, and climate risk. These drivers are no longer peripheral considerations; they are central to how capital plans are developed, prioritized, and executed.

June 05, 2026
Partner Property Consultants, the European subsidiary of Partner Engineering & Science, Inc. (Partner ESI), announces that Antoine Yeprem joined the company in June 2026 as Senior Consultant, Real Estate Due Diligence, in Germany.




