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The purpose of our assessment is to provide our client with a straightforward and understandable reporting of property conditions subsequent to an on-site review. CONNOR balances the approach to Property Condition Reports leveraging our experience and knowledge of the specific issues that confront our clients, which include lenders, conduits, REITS, investors, owners or tenants. The report includes a building's exterior and accessible areas, including structural, mechanical and electrical systems, and an appropriate number of units or interior spaces. We incorporate available plans, drawings and specifications into the report along with detailed photographic documentation. Our reports contain tables that identify immediate physical repair needs, detailed as critical (impacting life and safety) and non-critical. The reports present reserve repair needs as annual cost items distributed throughout the term of the loan.
CONNOR's Physical Needs Assessment additional services include:
Third Party Property Condition Assessment Reviews (Desk Top Reviews)
A&E Cost Reviews
Cost Segregations
Portfolio Reviews
Maintenance Inspections
Annual Compliance Review
Thermal Imaging Surveys
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