 Although the extent of due diligence exercised is a business decision, IVI is keenly aware that the risk tolerance level for physical deficiencies differs from the mortgagee client to that of an equity investor/potential owner. Our PCA services for equity investors and owners provide the client with the opportunity to enhance the due diligence process beyond the ASTM’s baseline standard. We discuss such enhancement options with the client, and our proposals identify such additional due diligence services as optional alternates.
 Typically, the due diligence services offered on behalf of an equity investor consists of an optional team approach comprised of specialty consultants or services such as:
- Exterior insulation finish system surveys
- Roofing consultants and core sampling
- Parking garage surveys
- Verification of SFG, SFR, Number of Units, etc.
- Research of historical building service company records
- Retaining of “hands-on” mechanics in such specialty areas as:
- Boilers
- Chillers
- Air handlers
- Cooling towers
- Fire alarms
- Fire/Life safety consultants
- Conveying systems consultants
 Our reports are well documented with photographs and Opinions of Probable Costs to remedy the physical deficiencies observed. This document is an important negotiation tool for the transaction and serves as a preliminary improvement budget and guide after the closing.
Click for a copy of the ASTM 2018-01 Standard Guide for Property Condition Assessments: Baseline Property Condition Assessment Process. Click Here.
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