Development Due Diligence & Construction Monitoring
Due diligence consulting, which includes design and document review & construction monitoring services for investors, lenders, tenants, and developers.
Development Due Diligence & Construction Monitoring
Due diligence consulting, which includes design and document review & construction monitoring services for investors, lenders, tenants, and developers.
By the Numbers
1500 +
Projects Nationwide
25 +
Years of Service
10 + $ Billion
Developments Annually
50
States
Our Process
Feasibility Review
The feasibility review is typically conducted at the initial stages of the project during land acquisition and project configuration and includes a review of entitlements, flood and seismic zones, utility and offsite requirements, geotechnical & environmental reports, peer review of schematic drawings and specifications, and preliminary schedule, budget, and contract documents.
Document and Design Review
The design and document review (DDR) is conducted near the final stages of pre-development, prior to the execution of the construction agreement and finalization of the design and construction documents. In addition to the documents reviewed in the feasibility period, PR&A will peer review the permit drawings and specifications as well as the construction agreement and other contract exhibits.
Construction Monitoring & Draw Review
Construction Monitoring includes the ongoing review of the development schedule, progress, quality, materials, and financial documents. PR&A’s scope includes regular quality and progress site visits and review of the monthly development draw requests, contractor payment applications, and change orders.
Construction Closeout
PR&A can conduct a comprehensive review of the developer close out documents, contractor and subcontractor binders, and final construction monitoring site assessment at the completion of the project. This ensures that all contract procedures are completed prior to the release of final payments to the developer and contractor.
Warranty Assessments
PR&A tracks the contractor and subcontractor warranty dates for development projects and performs warranty walks before the expiry of the one-year warranty and a periodic basis for extended warranties. This allows the owner to provide a comprehensive listing of defective items that may require corrective action by the associated party.
Due Diligence, Document Review & Construction Oversight for Development Projects
Institutional Experience
PR&A offers unparalleled expertise and has served as an integrated consultant for thousands of developments, supporting some of the largest and most diligent investors across the capital stack.
Comprehensive Services
Our services encompass every stage of a development project, from initial programming and land acquisition to stabilization or disposition. We have developed institutional processes for development due diligence and comprehensive field procedures for construction oversight, quality control, and draw review.
Detailed Reporting and Risk Management
Our extensive experience and detailed reporting enable clients to thoroughly understand the scope of each project while managing design and construction risks, budgets, and payment procedures for investment partners and lenders.
National Presence
We have active development and construction projects in nearly every metropolitan city. This has allowed us to work with many regional and local developers and contractors, providing our staff with key experience and insight that can help our clients understand regional and local development risks as well as national trends.
Design and Document Peer Review Services
- Zoning and Entitlement Review
- Replacement Cost Calculations
- Planning and Development Research
- Parking Analysis
- Building Code Review
- Building Permit Audit
- ALTA Survey Review
- Easements, Conditions, and Constraints
- Peer review or Engineering Letters, Reports, and Schedules
- Project Specifications Review
- Drawing Peer Review
- Site Development Review
- Site Access Conditions & Circulation
- Structural Systems and Siesmic Peer Review
- Building Systems Review
- Accessibility / FHAA Drawings Review
- Sustainability and Resilience Review
- Development Schedule Review
- Construction Schedule Review
- Development Budget Review
- Development Management Agreement Review
- Consultant Agreements Review
- Construction Agreement Review
Our review service can be conducted at any stage of the pre-development process.
Construction Oversight Services
- Drawing Revision Review
- Construction Progress Reporting
- Site Development and Utilities
- Site Access Conditions & Circulation
- Geotechnical & Foundation Construction
- Framing Systems and Structural Elements
- Mechanical, Electrical, Plumbing Systems
- Accessibility & Fair Housing
- Sustainability & Industry Certifications
- Construction & Development Schedule Tracking
- Development Budget & Draw Requests and Recommendations
- Consultant Inspections & Testing Tracking and Review
- Contractor Application for Payment Review
- Change Orders, Allowances & Alternates Review
- Submittals & RFIs Monitoring and Review
- Detailed Photographs with Captions
- Permits and Municipal Inspection Records Tracking and Review
Our Construction Monitoring service includes ongoing inspections of the construction project with comprehensive documentation review and reporting.
Commitment
to Client
We are proud to be a preferred consultant for many of the nation’s largest and most diligent investors.
Experience Across all Asset Types
Our experience extends to all asset types; this allows us to provide consistent and competent services for diversified portfolios.
Multifamily
PR&A has assessed thousands of multifamily properties including single family rental, student housing, senior living assets. This includes garden style, mixed use, and mid- and high-rise multifamily buildings.
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Industrial
Our experience spans over 50 million SF of industrial and warehouse space including mega distribution facilities, data centers, cold storage facilities, multi-story warehouses, shallow bay buildings, outdoor storage, trailer parking facilities, and master planned developments.
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Office & Health Care
PR&A has assessed and provided construction oversight for many of the office buildings that shape our nation’s skylines including high-rise towers, corporate campuses, life science and biomanufacturing facilities, medical office buildings, and hospitals.
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Retail & Mixed Use
Our team has significant experience with mixed use and retail properties across the country including regional mall portfolios, anchored retail centers, mixed-use developments, and adaptive reuse projects.
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Hotel
PR&A has assessed over 10,000 rooms across our hotel & hospitality portfolio. This includes coastal resorts, golf courses, business lodging, luxury towers, adaptive reuse projects, and historic buildings.
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Historical Properties & Adaptive Reuse
We apply the appropriate disciplines necessary to bring buildings and systems back to optimum conditions. This applies to industrial facilities, office buildings, hospitals, college and university buildings, parking facilities, and a broad range of other facilities.
Explore Projects
Community Centers, Schools, Museums, & Religous Facilities
Facility or property condition assessments (PCAs) provide organizations with valuable insights into the state of their facilities and guide long-term capital planning. These assessments are particularly important when it comes to grant applications and capital planning initiatives.
Experience Across all Asset Types
Our experience extends to all asset types; this allows us to provide consistent and competent services for diversified portfolios.
Multifamily
PR&A has assessed thousands of multifamily properties including single family rental, student housing, senior living assets. This includes garden style, mixed use, and mid- and high-rise multifamily buildings.
Industrial
Our experience spans over 50 million SF of industrial and warehouse space including mega distribution facilities, data centers, cold storage facilities, multi-story warehouses, shallow bay buildings, outdoor storage, trailer parking facilities, and master planned developments.
Office & Health Care
PR&A has assessed and provided construction oversight for many of the office buildings that shape our nation’s skylines including high-rise towers, corporate campuses, life science and biomanufacturing facilities, medical office buildings, and hospitals.
Retail & Mixed Use
Our team has significant experience with mixed use and retail properties across the country including regional mall portfolios, anchored retail centers, mixed-use developments, and adaptive reuse projects.
Hotel
PR&A has assessed over 10,000 rooms across our hotel & hospitality portfolio. This includes coastal resorts, golf courses, business lodging, luxury towers, adaptive reuse projects, and historic buildings.
Historical Properties & Adaptive Reuse
We apply the appropriate disciplines necessary to bring buildings and systems back to optimum conditions. This applies to industrial facilities, office buildings, hospitals, college and university buildings, parking facilities, and a broad range of other facilities.
Community Centers, Schools, Museums, & Religous Facilities
Facility or property condition assessments (PCAs) provide organizations with valuable insights into the state of their facilities and guide long-term capital planning. These assessments are particularly important when it comes to grant applications and capital planning initiatives.
Representative Projects
Pond, Robinson & Associates has provided oversight for 1,500 construction projects across the nation and for all asset types.
