As much as we may think of commercial buildings as permanent fixtures in our built environment, we also acknowledge that over time they are subject to changes in physical condition, use and occupancy. The potential impact of such changes on property value is self-evident.
That is why periodic property condition assessments make a lot of sense. Stand-alone inspections can be critical in obtaining updates on collateral in the wake of extreme weather events, changes in tenancies or property use, and major building upgrades, among other reasons.
Boxwood Means can provide you with these answers and more with a thorough commercial property condition assessment.
Commercial property condition assessments, or PCAs, are designed to give lenders, investors, and stakeholders a better understanding of the overall condition of a subject property and building site. Commercial building inspection reports, in the form of either exterior or a combined exterior and interior version, are thus a vital input into internal deliberations about prospective transactions, loan renewals or loan modifications with borrowers and owners.
Through our deep pool of independent contractors, Boxwood Means is uniquely qualified to deliver commercial property inspections that are reliable and comprehensive. Because of this, we can help you answer most questions you may have regarding the property's condition, from validating overall building condition, possible vacancies, deferred maintenance, and environmental risk, among other concerns.
Since 2003, when our company was founded, numerous commercial banks and nonbank lenders have turned to Boxwood Means for commercial property condition reports that they can trust.
Above all else, Boxwood Means is committed to quality. It is central to everything we do, as it is the only way to provide our clients with the information they need to make smart, well-informed decisions. The combination of leveraging data analytics, leading-edge technology and in-house appraisal expertise has enabled Boxwood Means to be a leading national provider of commercial property valuations.
We bring the same quality and technology standards to the inspection team and the execution of commercial property inspections. Every one of our 300,000 contractors with whom we partner must complete a comprehensive certification exam — two per year — as well as submit to background checks. Getting the full backstory into their track record is what gives us — and you, our clients — the knowledge that our commercial property inspection professional is up to the task.
For a stand-alone building inspection report that stands alone in its quality and excellence, turn to Boxwood Means. Contact us today for a no-obligation sample report to get an idea of what you can expect, or for details on some of our other products and services.