Are you buying, selling, or refinancing your industrial or commercial property? Considering the new regulations and criteria for commercial mortgages, and the necessity to properly plan and budget for future capital expenditure, you must have a comprehensive understanding of the capital needs of your property over the life of your loan or investment.  Our thorough Property Condition Assessment equips you with the necessary due diligence for your real estate transaction.  The assessment includes an understanding of the property’s structural condition, building quality, and future capital needs

What do you get from the property condition assessment?

Our experienced engineers will identify existing deficiencies, as well as predict future repair and replacement needs.  Based on our findings, we will provide you with expert recommendations and advice for remedying current issues and forecasting future capital expenditures. 

What standards do you follow?

At The Lighthouse Companies, we customize each assessment to meet your needs.  We can match any protocols, be they the American Society of Testing Materials (ASTM), Standard and Poor’s (S&P) or any other lender-specific requirements.

What types of property condition assessments can you provide?

The Property Condition Assessments include:

  • ADA Considerations
  • Capital Reserve Analysis
  • Electrical
  •  Exterior Finishes
  • Fire Safety
  • HVAC Systems
  • Interior Finishes
  • Parking
  • Plumbing
  • Roofing Systems
  • Structural

Service areas

Our engineers are licensed to perform property condition assessments in the following states: Florida, Illinois, Indiana, Iowa, Kentucky, Minnesota, Mississippi, Ohio, Texas, and Wisconsin.