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Applying ASTM E-2018 Standards for Baseline Due Diligence
Property Condition Reports

ASTM E-2018

ASTM E-2018 Standards Overview


Serving Investors, Buyers, Sellers, Lessees, Lessors, & Lenders

 Illinois, Indiana, & Wisconsin
Since 1987


Property Condition Inspections
Property Condition Assessments
ASTM E-2018 Standards
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Commercial & Industrial Property Inspection Services Include:

  • Investor's Due Diligence Property Condition Assessment
  • Acquisition Inspections/Due Diligence Assessments
  • Net Lease Inspections
  • Loan Origination Inspections
  • Capital Improvement Confirmation
  • Annual Servicing Inspections
  • Portfolio Reviews
  • Customized Services per Clients Specification

Warehouses, Industrial Properties, Manufacturing Plants
Storefronts, Malls, Strip-Malls, Retail Buildings
Hotels-Motels, Long Term Care Facilities
Apartment Buildings & Office Buildings

Commercial Real Estate Services available in Illinois, Indiana and Wisconsin

Same day quotes available on most projects  Request a Quote

Typical scheduling 5-7 days after proposal acceptance
Electronic PDF report 2-3 days following site visit
Printed report delivered 3-5 days following site visit

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Apartment Building Commercial Strip Mall Warehouse Office BuildingASTM PCA


Commercial Real Estate Services Overview

We specialize in commercial & industrial property condition assessments, consulting and inspection services in Illinois, Indiana and Wisconsin. Our clients include Investors, Buyers, Sellers, End Users, Lenders, Lessees and Lessors.

Our PCA's apply the ASTM E-2018 standards guideline for due diligence baseline property condition assessments. The guideline covers documentation reviews and interviews, on site walk-through survey, and preparation of probable costs to remedy physical deficiencies ($3,000 per incident or $10,000 in aggregate) resulting in a (PCR) property condition report as outline in the standards. ASTM E-2018 Standards Overview

Property condition reports (PCR) apply the ASTM E-2018 guidelines resulting in a finished report presented in a way that is clear and easy to interpret. Reports include photo documentation along with major mechanical equipment condition schedules including their age, life expectancy and repair/replacement cost (limited to items exceeding the ASTM E2018 thresholds for assessments unless reduced prior to walk-through). This will be helpful in determining future expenses and capital budgets.

The standard outlines procedures for reducing the scope of the property condition assessment, recognizing that some projects have time and/or budget constraints. If you want to reduce the scope of your assessment, just let us know at the time of your quote request.

For smaller projects, many clients choose to have a more invasive type of inspection for the property. This type of inspection could include dismantling and testing of accessible HVAC units, furnaces, electric service panels, elevator equipment rooms, etc. The ASTM threshold for costs to remedy deficiencies can also be reduced or eliminated so that smaller non standard maintenance deficiencies can be addressed.

For additional information:
    Property Condition Assessments          Commercial Property Inspections
.