Title: Gill Group offers multiple services for due diligence:
1 Contact Cash Gill 1 (800) 428-3320 www.gillgroup
.com cash.gill_at_gillgroup.com
G
ill
ONE
G
roup
STOP
Real Estate Services
Gill Group offers multiple services for due
diligence
Market Studies Mark-to-Market Real Estate
M.A.P. Appraisals Nursing Home Appraisals
Physical Condition Assessments Project Capital
Needs Assessments Phase I Environmental
Assessments Section 42 Tax Credit Inspections
and Compliance Audits REAC
2Cash Gill
cash.gill_at_gillgroup.com
Phone (800) 428-3320 Fax (877) 624-2942 P.O.
Box 784 512 N. One Mile Road Dexter, MO 63841
G
G
3Inspections REAC/PCNA
- Both inspections have extremely similar elements.
- REAC is completed to determine deficiencies and
health/safety issues. - PCNA is completed to determine the same things
but also the cost to correct. - There are many inspection guides available for
conducting PCNA inspections. - The Uniform Physical Condition Standards
checklist is used for REAC inspections. - This checklist is an all-inclusive checklist,
which makes it an excellent guide to follow for
the PCNA inspection as well.
4G
G
5Potholes/Loose Material (Parking
Lots/Driveways/Roads) Hazards/Tripping
Damaged/Broken Equipment (Play Areas and
Equipment) Hazards/Other
Site
L-3 HS
L-3 HS
Erosion/Rutting Areas (Grounds)
Graffiti (Market Appeal)
L-3 HS
L-3
6G
G
7G
G
8Exposed rebar Spalling/Exposed Rebar
(Foundations)
No recent rain Damaged/Clogged Drains (Roofs)
Building Exterior
L3
L3
Missing/Damaged Components from Downspout/Gutter
paint damage
Missing/Damaged Components from Downspout/Gutter
no damage
L3
L2
9G
G
10G
G
11Leaking Central Water Supply (Domestic Water)
Missing Covers (Electrical System)
Building Systems
L3
L3
Leaking Central Water Supply (Domestic Water)
Not Operable (Elevators)
L3
L3
12G
G
13G
G
14G
G
15Components failed chutes damaged/missing
components
Hallway ceiling Holes/Missing
Tiles/Panels/Cracks
Common Area
L-2
L-3
Water Stains/Water Damage/Mold/Mildew (Ceiling) -
Water Stains/Water Damage/Mold/Mildew (Walls) -
Air Quality/Mold and or Mildew Observed
Damaged Frames/Threshold/Lintels/Trim (Doors) -
Graffiti
Ceiling L-2 Wall L-2 Air HS
Door - L3 Graffiti - L1
16G
G
17(No Transcript)
18(No Transcript)
19Lavatory Sink - Damaged/Missing (Bathroom) -
Bathroom Cabinets - Damaged/Missing (Bathroom)
Water Closet/Toilet - Damaged/Clogged/Missing
(Bathroom)
Unit
Sink L-3 Cabinets L-1
L-2
Holes/Missing Tiles/Panels (Ceiling) unit above
exposed
Holes/Missing Tiles/Panels (Ceiling) unit above
not exposed
L-3
L-2
20Common Area - Electrical hazards- Exposed wires
Building Exterior - Emergency/Fire Exits-
Blocked/Unusable
Health Safety
HS
HS
Unit - Infestation - Insects
Common Area - Garbage and Debris - Indoors
HS
HS
21G
G
22Top 20 Correctable Deficiencies
- The following are examples of maintenance items
that, if repaired prior to the physical
inspection, could make a significant difference
in the overall inspection score. Be sure that - Water Heater the pressure relief valve
discharge tube extends to within 18 inches of the
floor. - Misaligned Chimney the vent stack on gas
operated water heaters or furnaces are properly
aligned. - Missing HVAC Covers there are covers on all
baseboard heaters. - Access to the Electrical Panel access to the
electrical panels is not blocked by furniture or
other items not easily removed. - Missing Covers electrical panels that have
interior covers (aside from the panel lid box
itself) are present to prevent exposure from the
wire connections. - Open Breaker/Fuse Ports open breaker/fuse ports
are covered. - Door Damaged Seals the factory installed seals
on exterior doors, such as building or unit
doors, are in place and undamaged - Doors Damaged Hardware exterior door hardware
locks or latches properly and fire doors function
as designed. - Security Doors security doors do not have
dual-side key locks. - Kitchen stove burners are working.
23Contd
- Plumbing pipes and faucets are not leaking, and
areas around any leaks are cleaned up and
repaired. - Damaged Sinks/Showers any hardware problems are
repaired, diverters are working, drains have
stoppers, hot and cold water handles are in place
and working. - Clothes Dryers are properly vented to the
outside from units or laundry rooms. - Storm Water Sewers are not clogged with trash
or leaves. - Sanitary Sewer Damaged Covers caps located in
the grass on the exterior of the building that
have been damaged by a lawn mower are cleaned out
and repaired. - Trash Chutes hardware is in place and the chute
door closes properly. - Trash Receptacles are not overflowing and are
adequate in size for the property. - Auxiliary Lighting the back up lighting works
even when the test light does not work. - Leaking Domestic Water there are no leaks in
the domestic water supply, including the hose
bibs located on the exterior of the building. - Outlet and Switch Plate Covers are not cracked
or broken.
24Misaligned Chimney/Ventilation (HVAC)
Common Areas - Electrical Hazards - Exposed
Wires/Open Panels
L3
L3 HS
Exposed Electrical Connections Missing Covers
(Electrical System)
Missing Drain/Cleanout/Manhole Covers (Sanitary
System)
L3 HS
L3
25(No Transcript)
26(No Transcript)
27Critical Repairs - PCNA
28Non-Critical Repairs - PCNA
29Questions?
G
G