Specifically, the need for reliable assessments of a property’s structural condition, building quality, and further capital needs has led to the establishment of various protocols for Property Condition Assessments (PCAs) or Physical Needs Assessments (PNAs)
The commercial real estate and investment industry has refined criteria for the securitization of commercial mortgages, resulting in a demand to better understand the capital needs of a property over the life of a loan or investment.
Pioneer has experience with PCAs/PNAs on industrial, commercial, and residential properties. Our PCA/PNA reports provide the appropriate due diligence for a real estate transaction. Whether conducted under the adopted protocols of the American Society of Testing Materials (ASTM), Standard and Poor’s (S&P), or lender-specific requirements, Pioneer will address your individual needs.
Pioneer’s standard PCA/PNA evaluates and provides recommendations on:
- Structural
- Plumbing
- Exterior Finishes
- Interior Finishes
- Roofing Systems
- HVAC Systems
- Electrical
- Fire Safety
- Parking
- ADA Considerations
- 12-year Reserve Analysis