Lucy Mulvey is our Director of Environmental Services and a licensed Professional Geologist (PG) in the State of California. Lucy Joined our CREtelligent team in July 2021 and brings over 15 years of experience in Mining and Exploration (minerals and metals), Assessment and Remediation, Health and Safety, Sustainability, Stormwater Management, Air and Emission Monitoring, Public Drinking Water Quality and Compliance. Her diverse background of skills brings a unique perspective to our team. In addition to her technical knowledge, she is a strong leader who oversees the procedures and training of the consulting services team. Lucy is a member of the Groundwater Resources Association of California, the Professional Environmental Marketing Association, the Association of Environmental & Engineering Geologists, and represents the company in the Environmental Bankers Association.
What is a Property Condition Assessment?
When assessing a property’s value and investment potential, a CREtelligent Property Condition Assessment (PCA) is a great place to start. Also known as a Commercial Building Inspection or a Property Condition Report, a PCA examines every aspect of an asset’s condition from its foundation to its interior and exterior finishes, from its framing and roofing to its HVAC and electrical systems. A PCA also includes a review of the property’s ADA and other regulatory compliance. Our PCAs also provide reasonable estimates for the remaining useful life and cost of replacement of each dimension of your property’s built environment.
The Road to Collateral Certainty
A CREtelligent PCA can put lenders and investors on the road to collateral certainty! Our PCAs feature a walk-through site inspection that photographically documents readily apparent material and building system conditions affecting the value of a property. Every PCA report provides realistic cost opinions on the capital expenditures necessary to bring properties into ADA compliance, to execute immediate and short-term repairs, and to create a capital reserve fund to put a property on regular maintenance, repair, and replacement schedule. Our reports also provide Remaining Useful Life (RUL) estimates for each of a property’s interior and exterior structural components as well as its interior systems and finishes.
A Great Place to Begin.
You can be on the road to collateral certainty within 10-12 business days from a site inspection.
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