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Property Condition Assessment

Property Condition Assessment

A more precise property picture.

Marx|Okubo’s property condition assessment (PCA) services are predicated on giving real estate owners, investors and lenders an accurate picture of what a property‘s capital needs will be in the short and long term. Our staff of licensed architects and civil, structural and mechanical engineers deliver detailed, impartial reports that can help building owners and investors gain a clear, informed understanding of current and future capital risks and benefits.

Marx|Okubo also maintains a strong network of the industry’s top specialty consultants in areas such as vertical transportation, roofing, life-safety and building envelope and other disciplines for situations where a more specific detailed review of building systems or components is required.

While all of our services meet the general requirements of the ASTM E2018-15 baseline protocols for most lender circumstances, our strength lies in delving much deeper than minimum requirements as we clearly understand the risks a property owner or equity investor faces if large capital surprises occur. Think of our consultancy as documented assurance that you are making the most informed property decisions possible.

Property condition assessment services for both acquisition and disposition can include:

  • Site and parking structure reviews
  • Building envelope reviews
  • Building systems analyses
  • Seismic evaluations
  • Accessibility reviews
  • Sustainability reviews
  • Specialty consultant integration
  • Lifecycle costs

Project examples:

The Crimson Apartments
Desmond Tower
787 Seventh Avenue
1101 Westlake Avenue
Willis Tower
Colorado Trade Center
USA Today
Tribune Tower
Park Place
The Boulders
Charter Square
325 Lytton Avenue