Property & Facility Condition Assessments
Since 1998, Pond Robinson & Associates has provided property & facility condition assessment services for investors, lenders, and facility managers throughout the nation and across all asset types.


Property & Facility Condition Assessments
Since 1998, Pond Robinson & Associates has provided property & facility condition assessment services for investors, lenders, and facility managers throughout the nation and across all asset types.
Our Approach
PR&A’s approach to each assessment is an engineering and architectural process that has been crafted through over 25 years of practice across thousands of properties. Our assessments are not a commodity, but an actionable tool for Owners and Operators.




Property Condition Assessment (PCA) Overview
Real estate transactions require a detailed physical assessment of the facility so that the buyer, seller, or lender can accurately determine the financial implications of deferred maintenance items, recommended upgrades, or unrepaired deficiencies. We provide high quality Property & Facility Condition Assessments conducted by experienced professionals with a broad knowledge of all building systems. Our Facility Condition Assessments help facility managers and owners make informed decisions about maintenance, repairs, and capital improvements.
What We Provide
- Comprehensive Evaluation: Our PCA/FCA report is based on thorough site observations, analysis of supplied documents, and consultations with relevant property staff and building officials.
- Detailed Reporting: We summarize our findings in a capital expenditure cost table and a written narrative report. This includes observations, conclusions, recommendations, and extensive photographs highlighting both typical and problematic conditions.
Industry Leadership
- Standard Development: We contributed to shaping industry standards through our involvement in developing the E2018 – Standard Guide for Property Condition Assessments.

Our dedication to providing reliable opinions and our commitment to competent consultation are founded on our beliefs that we have been selected based on trust.
Our Process
We believe our process is unique and demonstrates that our firm and our commitment to client satisfaction are unequaled in our industry.
Comprehensive Site Visits
Our site visits range from 2-4 days in order to thoroughly assess the property, interview key personnel, and identify issues, ensuring comprehensive assessments.
Expert Staff
Our team, with a technical staff average tenure of 20+ years’ experience, includes licensed architects and engineers, ensuring detailed, reliable property condition evaluations.
Reserve Analysis Cost Tables
Detailed cost tables provide opinions of cost for upgrades, immediate repairs, and capital expenditures, helping investors, owners, and lenders understand financial implications throughout the term of the evaluation period.
In-Depth Narrative Reporting
Our narrative reporting exceeds ASTM E2018 standards, offering comprehensive findings and recommendations for effective asset management and decision-making.
Report Peer Review & Update
Our expert staff is available for peer review and update of borrower or seller provided reports. This allows our clients to efficiently understand the current condition of the property, identify missing capital reserve items, and update the amounts and timeline of previously noted items.
Typical Property Condition Assessment Scope
- Regulatory and Zoning
- Replacement Cost Calculation
- Site Improvements and Civil Infrastructure
- Building Structure
- Roof System
- Building Exterior Walls and Facade
- Interior Improvements
- Mechanical Systems
- Plumbing Systems
- Electrical Systems
- Vertical Transportation
- Fire Protection and Life Safety
- Specialties
- Accessible Facilities
- Provided Documents

Our assessments are not a commodity, but an actionable tool for Owners and Operators.
Representative Projects
Pond, Robinson & Associates has assessments for over 10,000 properties across the nation and for all asset types.
By the Numbers
10000 +
Assessments
(Nationwide)
25 +
Years of Service
1 B+
SF of Assessments
50
States

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, and senior living assets in garden style, mixed use, and mid- and high-rise multifamily properties.
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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 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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Hotels
PR&A has assessed over 10,000 rooms across our 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.
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Community Centers, Schools, Museums, & Cultural 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.
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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, and senior living assets in garden style, mixed use, and mid- and high-rise multifamily properties.

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 experience with mixed use and retail properties across the country including regional mall portfolios, anchored retail centers, mixed-use developments, and adaptive reuse projects.

Hotels
PR&A has assessed over 10,000 rooms across our 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, & Cultural 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.

Commitment to Client
We are proud to be a preferred consultant for many of the nation’s largest and most diligent investors and real estate operators.


Our Team

Steve Brandt
Chief Engineer
Steve Brandt is the Chief Engineer of Pond, Robinson & Associates. He brings more than 40 years of Professional Engineering consulting experience to the firm, possessing comprehensive training, knowledge, and experience in construction management and consulting; commercial land development; commercial property condition assessments; accessibility engineering; and sustainability. He has proven business and engineering success serving a broad range of institutional clients, across all industries, sectors and property types, providing a high degree of professional service and care to meet the changing needs of our clients.
Mr. Brandt possesses a unique combination of professional assessment and evaluation skills, consisting of a thorough knowledge of land development, including the entitlement, financing and feasibility of commercial developments, and the design and construction of the built environment.
His comprehensive understanding of building systems, material characteristics, construction techniques, green and sustainable design and construction practices, contracts, codes and standards, environmental and hazardous materials regulations, remediation alternatives, and maintenance and repair strategies provides a qualified and focused approach to construction management, commercial property review, assessment and due diligence investigations. He has extensive training and experience in energy consulting, commissioning, benchmarking, energy audits, LEED® and ENERGY STAR® certifications. As a Certified Accessibility Specialist, he also possesses detailed expertise in accessibility and disability engineering.
Education
- Bachelor of Science, Civil Engineering, Valparaiso University, 1980
Registrations
- Professional Engineer, Texas, 1987
- ICBO Certified Accessibility Specialist

Justin Lia
President
Justin Lia is the Chief Growth Officer of Pond, Robinson & Associates and brings over 25 years of diverse experience in commercial real estate. Having grown up in a family of contractors, engineers, architects and developers commercial real estate is a big part of Mr. Lia’s life. Mr. Lia has worked as a contractor, a construction inspector, a design engineer, a forensic engineer, a broker, a developer, and extensively as a real estate due diligence advisor for both transactional and occupier clients. His specialty is leveraging his extensive experience in commercial real estate to understand complex real estate transactions and guide clients through technical scopes of work that mitigate risk in their investments and manage the lifecycle costs of their buildings. Mr. Lia has been a registered professional engineer for over 20 years.
As a civil engineer, Mr. Lia was responsible for preparing commercial and residential site plans, due diligence reports/feasibility analyses, entitlements, infrastructure assessments (projects up to $3.7B), building inspections, and various structural and geotechnical engineering services. Clients include both public and private on a host of projects ranging from a runway extension on an air force base, slope stability for a Department of Energy particle collider, to the feasibility of large mixed-use sports and gaming complexes, to the structural design and retrofit of retail centers, to large earth retaining and waterfront structures, and a variety of others across all asset types. Mr. Lia has guided clients through the physical, environmental and capital planning due diligence process on many of the largest, most valuable buildings in the United States including: The Bellagio Hotel and Casino, the Willis Tower, multiple movie studios, a 15MM SF industrial/warehouse portfolio, large hospital/MOB portfolios, large multifamily portfolios, sale-leaseback transactions, retail malls, and many large office complexes. Mr. Lia is a subject matter expert in site, civil, geotechnical engineering, and real estate due diligence, and has served as an expert witness.
Education
Bachelor of Science, Civil Engineering, University at Buffalo
Introduction to Corporate Finance, University of Pennsylvania
Registrations
Professional Engineer, New York, 2004
STAAD Certified Engineer
OSHA 10 Hour Construction Safety and Health
A.CRE Accelerator Certificate (CRE Financial Modeling)
LEED AP Building Design + Construction, USGBC

Rebecca Fischer
Director of Engineering Services
Rebecca L. Fischer is the Director of Construction Services at Pond, Robinson & Associates and brings over 25 years of facilities and construction consulting experience to the firm. Ms. Fischer has been involved in the design and construction of several new facilities, development and construction monitoring of large projects, and the assessment of existing buildings nationwide. She has over 21years of experience at PR&A working with our Investment and Asset Management clients on high profile development projects including high-profile resorts, office and residential complexes, and multi-family projects with total project costs of up to $935M. Through her experience with development and construction projects she has cultivated an understanding of site development, building construction administration, specifications, scheduling, quality assurance, cost control, and project management issues. She is a registered LEED® AP BD+C professional which has helped clients achieve their sustainability goals within their portfolio.
Education
Bachelor of Science, Civil Engineering, Texas A&M University, 1997
Master of Engineering, Civil Engineering, Texas A&M University, 1999
Registrations
Professional Structural Engineer, Texas since 2003
LEED® AP BD+C since 2012

V. Mark Robison
Director of Engineering Services
Mark Robison brings over 40 years of experience in the architectural and construction fields to Pond, Robinson & Associates. Mark has been a registered architect for 40 years and has 36 years of experience in facilities evaluation covering all geographic regions of the country.
Mr. Robison has extensive experience managing and conducting Property Condition Assessment surveys, identifying and evaluating the existing condition of building materials and systems, and assessing their financial implications. His experiences include assessment of site development and pavements, foundations and structures, exterior walls and windows, roofing, interior finishes, vertical transportation, mechanical and plumbing systems, electrical systems, fire and life safety systems, and accessibility with regard to both the Americans With Disabilities and Federal Fair Housing Acts. Over the years, Mr. Robison has evaluated all types of properties including high-rise office and apartment buildings, hotels and motels, multifamily apartment complexes, regional and local retail centers, warehouses and manufacturing facilities, as well as portfolios of projects packaged as a single assignment. As a member of the A50.02 Committee he participated in the development of the American Society of Testing Materials Standard for Property Condition Assessments.
Education
Master of Architecture, University of Oklahoma
Bachelor of Engineering (Structural), University of Oklahoma
Registrations
- Architect, Oklahoma, 1988
- US Green Building Council (USGBC)
- American Society of Testing Materials (ASTM)

David Jones
Director of Real Estate Services
David Jones brings over ten years of well-rounded experience in design, construction, facility assessments and project management to Pond, Robinson & Associates. His role is to serve as bridge for clients, helping them understand and develop the right technical or project management approach to each investment or exchange. Mr. Jones has provided services to institutional real estate investors and lenders and many developers and contractors.
Mr. Jones has experience with property condition evaluations and construction observation and compliance reviews related to all asset types, including commercial office, industrial, retail, and multi-family improvements. His consulting experience includes comprehensive reviews of design documents for planned projects, performing evaluations of existing properties, and acting as the owner’s representative during the construction of properties of various sizes and complexities.
Education
Bachelor of Science, Construction Management, University of Houston, Houston, Texas
Registrations
Associate Constructor, American Institute of Constructors, License 10711
LEED® Green Associate™, Green Business Certification Inc. Credential ID 11131858