Property Condition Assessments

Property Condition Assessments - (PCA's) are due diligence projects associated with commercial real estate transactions. Commercial property and building inspections (also known as Property Condition Assessments or PCA's) are important for clients seeking to know the condition of a property or real estate they may be purchasing, leasing, or simply maintaining.

Lewiston Wolfe LLC has provided Property Condition Assessment to some of the largest purchasers of institutional grade real estate in United States, South America and Western Europe. We have handled over 3,000 Property Condition Assessments projects ranging from single to portfolio level acquisitions. Lewiston Wolfe LLC has consistently provided high-level accurate reports in a condensed time-frame.

We follow industry accepted guidelines of the latest ASTM standards, the only recognized standard of major lenders. These commercial inspection standards help both the commercial building inspector and the client to understand the scope agreed to for the inspection including the systems or areas to be inspected, and is used as a guide to develop these scopes and procedures.

A visual survey is conducted of pertinent systems such as site work, structural system, roofing, facades, HVAC, plumbing, electrical systems, and conveying systems. Observed significant physical deficiencies are documented and opinions of probable costs are prepared for necessary repairs or replacements. Depending upon the clients requirements, modified replacement reserves can be prepared for salient systems and components requiring recurring replacement.

We are not only sensitive to the time and cost restraints in this very competitive marketplace, but we truly understand our client's position and requirements. We place an emphasis on service and keeping our clients informed of significant issues that may jeopardize or delay the closing. We take a pragmatic approach and strive to not only describe observed significant physical deficiencies in a manner understood by a potential mortgagee, but to develop solutions. With respect to client service, we consider our work done when you have closed the transaction.


Why choose Lewiston Wolfe LLC for PCA?

  • Over 3000 projects across United States, South America and Western Europe.
  • Complete Understanding of Due Diligence Process.
  • Experience working with almost all Property types
  • Accomplished Projects within specified Time-Frames.
  • Strong Cost Awareness.
  • Latest ASTM Standards

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