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Year end is fast approaching and our schedule is filling quickly - Order today

FOR 30 YEARS WE'VE PROVIDED
EXPERT SERVICES AT THE BEST PRICES
OHOW MAY WE SERVE YOU?

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Apartment Building & Apartment Complex Due Diligence

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  • Urban high-rise hotel property

  • Suburban low-rise and garden apartment property 

 

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Inspection Today ---
Wednesday, December 17, 2014
report on your desk next week

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Property Condition Assessment

Property Condition Assessment (PCA) is a baseline apartment property inspection and assessment performed according to the leading industry standard for hotel property ASTM E-2018-08.  Property Condition Assessment includes site and building inspection, document review and interview of knowledgeable persons to determine current property condition, assess need for immediate, near-term and long-term repair, replacement and upgrades and estimate and project costs over time.

Property Condition Assessment is the standard for high-rise and low-rise urban and suburban apartment property pre-purchase inspection and assessment.  The typical due diligence package for apartment property may also include Property Condition Assessment together with Phase 1 Environmental Assessment or the lower cost Environmental Records Search & Risk AssessmentUSA Due Diligence Services is a single-source hotel due diligence services provider and performs Property Condition Assessment as a stand-alone service and Property Condition Assessment and either Phase 1 Environmental Assessment or the lower cost Environmental Records Search and Risk Assessment as a discounted service package price for your lowest cost for the combination of services. 

Property Condition Assessment assists owners and buyers in purchase decisions and negotiation, understanding operation and maintenance requirements and life cycle which also helps provide confidence to prospective investors and lenders.  

The scope of inspection needed and specific areas to be inspected are based on various factors.  Age, occupancy, construction type and even climate are all considered and incorporated into a property-specific inspection and assessment protocol.

 

Property Condition Assessment baseline apartment property protocol includes:

Site Characteristics (paving, landscaping and utilities)
Structural Frame
Building Envelope
Doors and Windows
Roof Surfaces
Mechanical and Electrical Systems
Plumbing Systems
Heating Systems
Air Conditioning and Ventilation Systems
Vertical Transportation
Life Safety/Fire Protection
Accessibility Issues
Interior Elements
Asbestos Survey
Lead Survey
Pest Survey
Document Review
Opinions of Probable Costs
Recommendations

If you are buying apartment property locally or anywhere is the U.S., USA Due Diligence Services is the only due diligence consulting firm to guarantee you will always be served by the same principal-consultant who is fully responsible and accountable for every facet of your project and always accessible to you by email and cell phone when inspecting your property, preparing reports in our office or traveling back and forth.

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To discuss your apartment Property Condition Assessment project e-mail Edward Devine or call 585-738-5080

USA Due Diligence Services
30 years of prompt, professional service

Call 585-738-5080

We also offer Phase 1 Environmental Assessment and Environmental Records Search & Risk Assessment  

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If you own or manage one or multiple properties...

Facilities Condition Assessment

Facilities Condition Assessment includes inspection of all building structure, electrical, mechanical, plumbing, heating, air conditioning, roofing, interior and exterior finishes, etc.  It includes estimates of necessary and recommended repairs plus a Capital Reserves Table of annual budget amounts to cover required and recommended repairs, replacement, upgrades over the next 7 years of ownership, and these amounts are adjusted for inflation.  Your USA Due Diligence Services consultant works with you to understand your objectives and resources.  Your assessment is specific to your property class A, B or C, and whether you plan to maintain existing grade or upgrade the property.  Also, cost of repairs, replacement and upgrades vary based on whether you have in-house skilled staff or depend on outside contractors.  Because your consultant has extensive experience in architecture, engineering and new, renovation and restoration construction, and if you prefer to rely on in-house staff, he can often recommend alternative and innovative products and installation methods for excellent results at the lowest possible cost.  In addition, unlike a standard pre-purchase building inspection, site features including walks, drives and parking areas and landscaping are all included.

The PCA Field Observer/PCA Reviewer is a FCA professional with university degrees in architecture and engineering and post-university training and regular continuing education plus 30 years experience in architecture, engineering, building inspection, property condition assessment, facilities condition assessment and environmental assessment.  We carry $1,000,000.00 professional liability insurance.  Our clients are building and real estate owners, sellers, brokers, buyers, investors, developers, property managers, municipalities, attorneys, HUD, FHA, SBA and banks and other lenders who regularly require property condition assessment, facilities condition assessment and environmental assessment prior to final loan approval.

Note: we never use subcontractors or junior staff.  All facets of your assessment are completed by a principal of the firm who is directly responsible and accountable to you for every phase of your project from order to report delivery, and you always have direct access to him by email and cell phone.

The Difference

USA Due Diligence is the only national consultant to guarantee you will always be served at all geographic locations by the same principal-consultant who is fully responsible and accountable for every facet of your project and always accessible to you when inspecting your facility, preparing reports in our office or traveling back and forth.  You can always rely on a quality work product by a competent, university educated and well trained (including frequent continuing education) professional with long experience and an excellent record of service.

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Information and advice from Freddie Mac and Fannie Mae

 At an industry event in Scottsdale, Arizona, a representative from Freddie Mac spoke about efforts to fund multi-family property deals in the face of tight credit conditions. Although Freddie Mac is issuing loans only under tightened standards, it and Fannie Mae are the most active lenders closing multifamily loans. The Freddie Mac representative referred to the "Dark Age of Lending" in 2006 and early 2007, when “most any deal would work." Since then, lenders have significantly tightened their underwriting across the board to thoroughly understand environmental risk before extending credit. 

Asked to provide some suggestions for due diligence reports, the Freddie Mac representative advises that you should select a professional who will provide true "consulting" including giving recommendations to clients, lenders and attorneys along with advice for how to manage any environmental risks.  At Due Diligence Inspection & Assessment Services we make the effort to know the ultimate user of the due diligence report and understand their needs and requirements. 

Due Diligence Inspection & Assessment Services understands that the needs of borrowers, lenders and attorneys may vary and we incorporate the needs of all parties into a single comprehensive report, and whenever necessary we go beyond that to provide additional specific recommendations and advice separately to borrowers and attorneys.  We'll do whatever it takes to expedite loan approval and completion of the purchase and sale transaction.

 

 

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USA Due Diligence Services
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Phase 1 Environmental Assessment
Environmental Records Search & Risk Assessment
Property Condition Assessment
Hotel Property Condition Assessment
Apartment Property Condition Assessment
Commercial Building Inspection
Gas Station Environmental Assessment
Industrial Building Inspection
Lease Property Condition Assessment
Forest Land & Rural Property Environmental Assessment
Legal Consultant - Expert Witness
Vapor Encroachment Screening
Qualifications & Standards
USA Due Diligence Services
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www.usaDueDiligence.com
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Architects, engineers, builders and inspectors look at buildings in slightly different ways.  Drawing on his university degrees, industry training and 30 years experience in all four disciplines Edward Devine developed a unique inspection and assessment protocol that considers property condition from all four perspectives.

We offer the best value in due diligence services.  Cost is always an important consideration but never the only consideration. We leverage all our experience, continually upgrade our skills and use the latest technologies to deliver the best service at the lowest cost.

USA Due Diligence Services offers Property Condition Assessment, Commercial Building Inspection, Industrial Building Inspection, Facility Condition Assessment, Phase 1 Environmental Assessment and Vapor Encroachment Survey. Discounts apply when you order 2 or more services on 1 property and when you order 1 or more services on 2 or more properties.

30 years of service to owner occupants, investors, attorneys, insurance companies, banks and other lenders, landlords, tenants, facilities directors, property managers, architects, engineers, retailers, municipalities and other governmental units and entities. How can we serve you?

 

To discuss your hotel Property Condition Assessment e-mail Edward Devine or call 585-738-5080

USA Due Diligence Services
30 Years of prompt, professional service

Call 585-738-5080

 

Local and coast to coast service:

AL, Alabama, AK, Alaska, AZ, Arizona, AR, Arkansas, CA, California, CO, Colorado, CT, Connecticut, Washington DC, DE, Delaware, FL, Florida, GA, Georgia, ID, Idaho, IL, Illinois, IN, Indiana, IA, Iowa, KS, Kansas, KY, Kentucky, LA, Louisiana, ME, Maine, MD, Maryland, MA, Massachusetts, MI, Michigan, MN, Minnesota, MS, Mississippi, MO, Missouri, MT, Montana, NE, Nebraska, NV, Nevada, NH, New Hampshire, NJ, New Jersey, NM, New Mexico, NY, New York, NC, North Carolina, ND, North Dakota, OH, Ohio, OK, Oklahoma, OR, Oregon, Pennsylvania, RI, Rhode Island, SC, South Carolina, SD, South Dakota, TN, Tennessee, TX, Texas, UT, Utah, VT, Vermont, VA, Virginia, WA, Washington, D.C., WV, West Virginia, WI, Wisconsin, WY, Wyoming,

Service to every large and small city and town across the USA including: 

NYC, Manhattan, Brooklyn, Bronx, Queens, Staten Island, Long Island City, BUILDING INSPECTION Jamaica, Westchester, Long Island, Tribeca, ENVIRONMENTAL ASSESSMENT Alexandria, Yonkers, Jackson Heights, Mt. Vernon, Astoria, Woodside, Flushing, Dobbs Ferry, Greenpoint, Greenville, Far Rockaway, PROPERTY CONDITION ASSESSMENT Newburg, Poughkeepsie, Monticello, Middletown, Albany, Schenectady, Rotterdam, Troy, Rensselaer, Saratoga Springs, Herkimer, Utica, COMMERCIAL Binghamton, Syracuse, INDUSTRIAL Glens Falls, Port Washington, New Rochelle, Mineola, White Plains, Ossining, Rochester, Geneseo, Buffalo, Batavia, Jamestown, Elmira, Corning, HOTEL Horseheads, Canandaigua, Auburn, Waterloo, Niagara Falls, Cheektowaga, Amherst, Orchard Park, Lancaster, Jersey City, Union City, Newark, Bayonne, APARTMENT Elizabeth, Bergen, Hackensack, Hoboken, Teaneck, Englewood, Tenafly, Paramus, Paterson, Clifton, East, West, Orange, Plainfield, Edison, FACILITY CONDITION Scotch Plains, Somerville, Bridgewater, VAPOR ENCROACHMENT SCREENING Philadelphia, Harrisburg, Lancaster, York, Reading, Allentown, Bethlehem, Easton, Gettysburg, Baltimore, Glen Burnie, Catonsville, Dundalk, Columbia, Ellicott City, Elkridge, Gaithersburg, Easton, Annapolis, Washington, Arlington, Alexandria, Bethesda, Gaithersburg, Wheaton, VAPOR INTRUSION SURVEY Boston, Cambridge, Brookline, COMMERCIAL BUILDING INSPECTION Newton, Somerville, Watertown, Newton, Needham, Wellesley, Waltham, Woburn, Peabody, Salem, Beverly, Lexington, Brockton, Braintree, Quincy, INDUSTRIAL BUILDING INSPECTION Milton, Weymouth, Hyannis, Dedham, Stoughton, HOTEL PROPERTY CONDITION ASSESSMENT Framingham, Worchester, Springfield, Pittsfield, Fall River, Bedford, Providence, Warwick, Newport, Bristol, Warren, Pawtucket, Central Falls, GAS STATION Phoenix, Los Angeles, San Francisco, WAREHOUSE San Jose, Bakersfield, Salinas, Modesto, Santa Cruz, Sacramento, Denver, Hartford, Stamford, Bridgeport, New Haven, New Britain, Norwich, MANUFACTURING Norwalk, Wilmington, Dover, Jacksonville, Orlando, Tallahassee, Miami, Key West, Ft. Myers, Fort Lauderdale, Hollywood, Key Biscayne, Coral Gables, FOREST LAND Clearwater, Atlanta, Marietta, Macon, Augusta, Athens, Columbus, Cleveland, Cincinnati, Toledo, Akron, Youngstown, Kansas City, At. Louis, Portland, Detroit, Charlotte, Ashville, Winston Salem, Greensboro, Durham

Services to all New York counties:

Manhattan Bronx Kings Queens Richmond Nassau Suffolk Dutchess Orange Putnam Rochland Sullivan Ulster Westchester Albany Columbia Fulton Greene Montcomery Rensselaer Saratoga Schenectady Schoharie Herkimer Oneida Cayuga Cortland Madison Onondaga Oswego Broome Chenango Delaware Otsego Tioga Tomkins Chumung Schuyler Steuben Allegany Cattaraugus Chautauqua

 

 
 
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