Knowledge of Buildings

​ Mid South Building Consultants is focused on how the building and property operate as a whole and help minimize risk!. We are experienced professionals that perform property condition assessments (PCAs) and facility condition assessments (FCAs) for all building types. From portfolios to single building owners, Mid South Building Consultants has inspected and written reports covering millions of square feet of commercial, industrial, hotel, storage, and retail buildings. Our reports are tailored to meet your business needs and provide the best comprehensive due diligence solution for your asset(s) whether you are a buyer, seller, or lender.

 There are typically two types of property condition reports (PCR) and we can do both. Equity property condition assessment reports focus on immediate repairs and deferred maintenance that may impact the value of the asset. A Debt property condition assessment report focus on repairs and maintenance. We perform a visual inspection of the subject property(ies) and building(s) and tailor the report to your needs. A property condition assessment is often used as a baseline report for future upgrades and investments to the subject property or even a baseline prior to leasing out a building or space. A property condition report may be used after a tenant leaves a space to verify condition. 

 

  Along with the property condition assessment report, we can incorporate a capital reserves study or capitol needs assessment for the loan term. Generally, a commercial loan has a ten year term, so the capital reserve study covers the loan term plus two years.

 

 At Mid-South Building Consultants we have professional relationships with engineers, architects, contractors, and other licensed professionals, that we work with as needed to produce a finished report documenting the current condition of the asset.​ Property Condition Reports are detailed and comprehensive with photos and repair or replacement cost opinions. Our reports are based on the common ASTM 2018 Standards for Property Condition Assessments and as agreed upon in the signed proposal. Generally, reports are delivered 72 hours after the on-site visit is complete.

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What We Report:​

• Current Condition of the Building and Property

• Property Deficiencies

• Deferred Maintenance that may impact the value of the asset (equity reports)

• Remaining Useful Life

• Repair or Replacement Costs

• Recommendations for potential future expenses.

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All reports include:

• Photo documentation

• Review of available documents

• Interviews with knowledgeable individuals ​

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