Call Us: (800) 419-4923
Partner Engineering and Science, Inc.
Partner Engineering and Science, Inc.
You are here: Home » Resources » Articles » PCAs With A Twist

December 18, 2014

PCAs With A Twist

By Aaron Kovan, LEED AP

PROPERTY CONDITION ASSESSMENTS (PCAS) ARE A TYPICAL PART OF MOST REAL ESTATE TRANSACTIONS.

While the scope for PCAs is generally quite standardized, certain instances warrant a more tailored approach. Aaron Kovan discusses two such PCAs “with a twist”. Most parties involved in a commercial real estate transaction will require a Property Condition Assessment (PCA) – which provides an assessment of the condition of an asset and immediate or long term improvements that may be necessary – at some point. Lenders require PCAs (also known across the industry as Property Condition Reports or PCRs) as part of their underwriting process, property buyers or developers use PCAs to understand and minimize risks in their investments, while property managers use PCA to budget ongoing maintenance costs for their capital planning.

Continue reading the GlobeSt blog here.

Other Resources You Might Like


Let us be your Partner

Learn how we can support your next project or share insights via our newsletter.
Partner is the leading provider of engineering, environmental, construction, energy, and valuation consulting for the commercial real estate industry. We help our clients manage risk, make smart investments, optimize asset performance, and win at their real estate investment strategies.
Our Family of Companies
Terms and Conditions  |  Privacy Policy   |  Website Terms of Use  |  © 2023 Partner ESI. All rights reserved.
crossmenuarrow-up linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram