Services
VERTEX’s team provides clients with PCA services for acquisition, financing, management, and disposition planning.
VERTEX PCAs follow the latest iteration of ASTM’s Baseline Property Condition Assessment Process as a basis for our evaluations. Our baseline services can be enhanced with various in-house experts for a deeper dive into nearly any specific discipline. These are often provided in an ala-cart proposal allowing clients to craft the evaluation program tailored to their needs. Cost estimating associated with issues we uncover is paramount to this process and our team uses recognized and published sources along with our construction experience for forecasting.
SERVICE OFFERINGS
A property condition assessment (PCA) is an evaluation of commercial property, including office, multi-family, healthcare, hospitality, retail, industrial, institutional or recreational sites. The main objective of a PCA is to identify and communicate physical deficiencies of the subject property and also to forecast significant capital needs for repairs or renovations in the future. VERTEX PCAs follow the Standard Guide for Property Condition Assessments (ASTM E2018), to allow for a consistent and measured approach.
Baseline PCA
A single qualified professional with general experience in the evaluation of all building components typically conducts this field effort as a visual assessment that exceeds the requirements of ASTM E2018. The assessor conducts a review of the site components, parking/paving, structure, building exterior, roofs, mechanical/electrical/plumbing systems, conveyance and fire/life safety systems. A report describing the condition of the observed elements and detailing anticipated costs to repair significant deficiencies and long term needs is provided in an easy-to-read and understand format
Enhanced PCA
This assessment includes the baseline PCA with specific items of concern investigated in more detail by one or more specialists in their respective fields (mechanical engineer, roofing consultant, structural expert, etc.). Our VERTEX staff includes professionals with expertise in all kinds of building related components, augmented by subconsultants, various contractors and sampling and testing, and when needed. The end product is a consolidated report encompassing all aspects of the assessment, including the enhanced reviews and general cost estimates for recommended actions.
Existing Condition Surveys
VERTEX can provide general or detailed descriptions of the existing conditions including photographic and video documentation of observed deficiencies. These baseline surveys are often utilized by owners or tenants to determine existing conditions at the time of tenant first occupancy. Condition surveys are also utilized in the construction industry to provide baseline conditions prior to construction activities, including drilling and blasting, pile driving or other vibration inducing procedures.
Building Replacement Estimates
VERTEX provides insurable replacement cost estimates for commercial properties of all types. These can be customized based on property type, size, and construction details and can be provided in both summary formats as part of a PCA or as a standalone report.
Fire Protection and Life Safety Systems
VERTEX’s team includes Fire Protection and Life Safety Systems experts with experience in all property types, and including heavy industrial, manufacturing, LNG and LPG properties. A few areas of analysis include:
ESG Evaluations
Our team has created both abbreviated checklists and detailed reporting formats for evaluation of Environmental, Social, Governance (ESG) as it relates to real property. From climate resiliency to energy benchmarking/usage to site accessibility, we provide a wide variety of ESG related assessments, each tailored to meet the specific needs and goals of our clients.
Energy Savings Investigations/Audits
As a supplement to our PCA visit, or as a stand-alone service, VERTEX professionals can evaluate a building’s potential for Energy Savings. A review of utility usage, coupled with a detailed site walk, results in recommended actions for building improvement for both low/no-cost opportunities and longer-term capital intensive projects.
Program Management
VERTEX delivers full-service Construction Program Management, helping clients coordinate multi-site, multi-year projects with cost-effective strategies, reduced risk, and consistent project controls. Ranked as a top firm by ENR, our expert program managers oversee planning, design, construction, and QA/QC to ensure timely, budget-conscious results. Services include owner’s representation, procurement strategy, standards development, third-party quality control, and tailored training. VERTEX acts as an extension of your team to streamline complex construction programs from concept to completion.
VERTEX brings deep expertise across the full spectrum of property condition assessments. Our professionals leverage decades of experience in evaluating commercial real estate to support acquisition, financing, management, and disposition planning. From baseline assessments guided by ASTM standards to enhanced evaluations by specialized in-house experts, VERTEX delivers actionable insights and cost forecasts that help clients make confident, informed decisions tailored to their property and investment goals.
PCAs Projects
Featured Projects Where Property Condition Assessments Experts Were Needed
VERTEX The PCA ASTM Standard (E2018) has outlined the commercial property inspection process into four major components:
You can learn more each step of the Property Condition Assessment process here.
Expert Services insights
Explore news, thought leadership, and educational resources on compliance, permitting, and risk management from VERTEX’s Compliance & Regulatory team.
On 4th February 2025, VERTEX’s Nick Cane CSCi, CWEM Senior Managing Director, EMEA will attend the Arbitration Masterclass – Energy Disputes organized by ICC UK. The event will cover the…
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