PPI-PROFESSIONAL PROPERTY INSPECTORS

Commercial Building Inspection Reports are our specialty. When investing in a major complex commercial real estate asset, trust us to inspect the asset and to identify the immediate repairs and deferred maintenance issues.The key to a quality Commercial Building Inspection Report is staffing with experience. Our assessors are all highly experienced in building inspections and many are licensed Professional Engineers or Registered Architects

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What Is a  Commercial Property Condition Assessment?

Put simply, a PCA is the commercial version of the home inspection that lenders require, prior to a residential purchase. It provides risk mitigation for the buyer and the lender and, potentially, an opportunity to renegotiate the price based on the true condition of the property.

 

​What’s different in a PCA versus a home inspection is the complexity of the investigation:

From the physical size of property improvements to the complexity of HVAC, electrical, plumbing, roofing and other systems, a commercial property requires a much more detailed and knowledgeable investigation to ensure proper due diligence.

 

It’s important to know that not all PCA providers are created equal. Some individuals with a home inspection certification will try to sell themselves as a PCA provider, with only ten hours of residential-specific training. Such a provider won’t have adequate knowledge of commercial structures and systems to provide a reliable assessment, and almost certainly won’t be able to provide an accurate cost estimate.

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Even reputable PCA providers vary in the level of service, speed of service, and number of disciplines their company brings to the table.

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When choosing a PCA provider, look for these characteristics:

Ability to get on site fast to start the process:

Local or regional offices in the property will help with this, as well as a track record of speedy response, and the availability of resources to mobilize quickly.

 

Ability to provide accurate costing:

Anyone can use an online construction cost estimator and put a number in a chart, but a company with a construction consulting division and the ability to instantly access real-time costing data will provide much more accurate numbers.

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Multi-disciplinary expertise.

PCAs require a broad understanding of everything from architecture to mechanical, electrical and plumbing systems. A provider with in-house expertise on a broad range of engineering and construction disciplines will be able to provide a more accurate and comprehensive assessment.

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Proven experience:

An organization that has done hundreds of PCAs will provide a faster, more seamless, and more reliable assessment than a less experienced provider.

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TE PPI GROUP has been performing fast, accurate property condition assessments for more than twenty years. Our multi-disciplinary team has access to the deepest expertise and the latest construction cost data. Contact us today to get your next PCA started.