Prema Consulting Group delivers engineering-based building assessments that help owners, lenders, insurers, and asset managers understand what a property is truly telling them before decisions are made.
Property decisions often rely heavily on financial models and market comparables. But structural deterioration, deferred maintenance, and system vulnerabilities are not always visible, and they can materially affect value, risk, and long-term performance.
A property condition assessment report provides the physical clarity behind those decisions. Without it, stakeholders risk uncovering issues only after a transaction closes, a claim is disputed, or capital plans fall short.
Prema Consulting Group provides engineering-led building assessments designed to align physical condition with financial and risk considerations. Our work goes beyond surface observations to document conditions that influence valuation, insurability, and long-term ownership outcomes.
Clients rely on our property condition assessment report deliverables when decisions must be defensible, timely, and grounded in observed conditions, not assumptions.
Not all building assessments serve the same purpose. The most effective scope depends on the decision at hand. Prema supports two primary assessment needs:
ASTM-Aligned | Transaction-Focused | Defensible
A property condition assessment report is typically used to support:
Prema’s property condition assessment report deliverables are prepared in general conformance with ASTM E2018, the industry standard guide for baseline property condition evaluations. The scope is tailored based on property type, use, and the purpose of the report.
A property condition assessment report typically includes:
For Florida assets, a Florida property assessment often requires additional attention to moisture exposure, coastal conditions, and jurisdictional requirements.
Strategic | Scalable | Capital-Planning Oriented
Facility Condition Assessments are designed for owners managing assets over longer time horizons or across portfolios.
These assessments typically support:
Unlike a property condition assessment report, a Facility Condition Assessment is not bound to a single reporting standard. Scope is developed collaboratively to align with ownership goals and planning horizons.
Each property condition assessment report or Facility Condition Assessment is tailored to the asset type and decision context.
Prema Consulting Group brings the forensic engineering discipline to building assessments without over-complicating the outcome.
Whether clients need a Florida property assessment for a single asset or a broader planning study, our reports are designed to withstand scrutiny and support action.
The reports from [redacted] have been great. Just what we needed to resolve those claims and ensure we’ve addressed all the structural issues.
Field Technical Manager
A+ rated Insurance Carrier
It was a great experience, from when I called in for the assignment to when I received the report. Your team did a great job.
General Adjuster
A+ rated Insurance Carrier
We have found that Prema provides a consistent service that is driven by a commitment to integrity and standards. The management and administrative team is top-notch, and their prioritization of employee training is immensely appreciated.
Senior Leader
A+ rated Insurance Carrier
Reach out to our team for expert moisture intrusion assessments and solutions.
A property condition assessment report is an engineering-led evaluation of a building’s physical condition, systems, and observed deficiencies. It is commonly used to support transactions, financing, insurance, and ownership decisions.
A Property Condition Assessment is typically a point-in-time, transaction-focused evaluation prepared in general conformance with ASTM E2018. A Facility Condition Assessment is broader in scope and supports long-term capital planning.
Turnaround depends on scope and asset size. Most property condition assessment report engagements are completed within days, while larger portfolios may require additional time.
Prema assesses residential, commercial, industrial, and mixed-use properties. Each property condition assessment report is tailored to the asset and decision purpose.
A property condition assessment report is not a formal code compliance inspection. It documents observed physical conditions and identifies deficiencies that may warrant further evaluation. Where apparent safety or compliance concerns are observed, they are noted so owners and stakeholders can determine appropriate next steps with the relevant authorities or specialists.
