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Property Condition Assessment
What is a Property Condition Assessment (PCA)?
Investors rely on Property Condition Assessments (PCA) to provide information and analysis of the physical condition of a property, and to minimize the risk associated with acquisition. At the same time, health and safety, accessibility and compliance standards must be met. A PCA offers a comprehensive report on the current condition of the building’s systems. It identifies property deficiencies and areas requiring repair, replacement and/or upgrading. Local building authority and regulatory agency requirements are highlighted along with a recommended schedule for necessary capital improvements and tenant compliance.
A PCA from EAI will evaluate the following:
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