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.
PCA 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.
Tenant Obligation Assessments and Review
We can provide assessments for buildings and spaces throughout the lifecycle and occupancy of the property. This allows Owner's to proactively identify potential maintenance issues, prevent costly repairs, maintain the property's value, and ensure tenants or landlords are adhering to lease agreements.
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 across 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.
Hotel
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.
Explore Projects
Experience Across all Asset Types
Our experience extends to all asset types; this allows us to provide consistent and competent services for across 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.
Hotel
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.
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.
Typical Property Condition Assessment Scope
- Regulatory and Zoning
- 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.
Our Team
Michael Raybon
Managing Principal
Michael Raybon is the Managing Principal of Pond, Robinson & Associates and brings 30 years of experience in the evaluation of existing facilities and oversight of development projects. Mr. Raybon has been the project engineer on thousands of assessments and development projects and has been an integral part of the ownership, operations, and management of Pond, Robinson & Associates.
Education
- B.S., Materials Science and Engineering, University of Florida 1990
Registrations
- Professional Engineer, Florida, 1998
- Professional Engineer, Texas, 2009
Mark Petersen
Principal and Chief Operating Officer
Mark Petersen is a Principal and Chief operating Officer of Pond, Robinson & Associates and brings over 25 years of facilities, construction and environmental consulting experience to the firm, including two years of experience working in Europe and Asia. His extensive work with a diverse group of clients gives him an exceptional understanding of their needs. Mr. Petersen has been a registered Professional Engineer for 22 years and has significant experience managing and conducting property condition assessments as well as conducting design and feasibility reviews, performing construction oversight, and review of specialized services including roof assessments, environmental assessments. Over the last five years, Mr. Petersen has been an integral part of the ownership, operations and management of Pond, Robinson & Associates.
Education
- Bachelor of Science, Civil Engineering, University of Illinois 1993
Registrations
- Professional Engineer, Illinois, 1998
- Professional Engineer, Texas, 2017
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