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Debt PCA vs. Equity PCA: Why One Property Needs Two Different Reports

Two parties can order a property condition assessment (PCA) on the same building in the same month and need completely different things from it. A lender refinancing the property wants a debt PCA that shows whether the reserves are sized correctly. A buyer or equity investor wants an equity PCA that shows what is wrong [...]

Architectural Document and Cost Reviews

Architectural Document and Cost Reviews Architectural Document and Cost Reviews (ADCRs) is a risk management measure that can reduce construction costs and keep projects on schedule. Conducting an ADCR is a process of quality control.  It can benefit clients to make sure that the proposed construction documents are showing appropriate methods and building systems that will [...]

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