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Property Condition Assessments

Ray Engineering, Inc. designed our Property Condition Assessment to determine the present physical condition of the project and its improvements.  We provide our decision intelligence regarding future anticipated issues, which may result in a financial risk or liability.

The PCA process includes
:

A visual walk-through to observe the existing conditions.

Review of the available construction documentation, public records and current budgets.

Deciphering the information gathered and presenting it with intelligence for repair or further detailed review if the issues cannot be determined through visual observation alone.

Property Condition Reports are the gold standard in the commercial real estate industry. They contain a property description and a review of building components.

Ray Engineering, Inc.  Property Condition Reports contain a property description (site, buildings, history, code compliance and maintenance) and a review of the following building components:
 

Site Improvements (Access, Parking, Paving/Drainage, Walks/Curbs, Utilities, Lighting, Landscaping/Irrigation, Fences/Walls, Signage and Disabled Accessibility/ADA).

Building Improvements (Foundation, Structure, Floor Construction, Exterior Wall Construction, Roof and Canopy Construction, Windows, Doors, Balconies/Terraces, Stairs, Interior Floors & Walls and Appliances/Cabinets, Disabled Accessibility/ADA)

Building Mechanical, Plumbing & Electrical Systems (HVAC, Plumbing, Electrical, Vertical Transportation, Fire Protection/Life Safety Systems)

Tenant Spaces (Interior Finishes, Kitchen Appliances, HVAC, Plumbing/Fixtures, Electrical, Fire Protection/Life Safety Systems)

Other Issues (e.g., Fixtures, Furnishings and Equipment (FF&E) for hotels, more detailed mechanical studies, more detailed ADA surveys, etc.) -- these issues can be included in a property condition report, but must be discussed prior to being proposed.
 

Ray Engineering, Inc. ♦ Building A ♦ 3985 Steve Reynolds Blvd. ♦ Norcross, GA 30093
rayengineering@ray-engineering.com