Construction Management

Capital Reserve Studies

Too often, commercial, industrial and multi-family building owners and investors rely upon industry standard obsolescence figures in their budget planning. Each facility is unique and comparative budgeting will rarely be accurate. A Capital Reserve Study will expand the Property Condition Assessment to include expected costs to fully repair and maintain all components of the structure(s), present operational budgets for planned maintenance and servicing and develop lifecycle replacement costs. Appropriate trades and equipment will be sourced and necessary service contracts will be presented for procurement evaluation.

Maintenance Planning & Oversight

We can manage specific components or all of the property maintenance. Property owners eliminate redundancy in staffing. We manage the total procurement/subcontracting process, maintain insurance logs, approve all vendor payment requests or manage discrepancies, conduct property inspections for verification of contracted work, manage Florida Notice-To-Owner lien releases, conduct Safety Audits and develop Safety Plans for all subcontractors and vendors and ensure compliance is met.

Cost Segregation Studies

Based on the Investment Tax Credit under the IRS, we offer CSS inspections/studies to allocate costs between real and personal property. Building owners may take advantage of differing depreciation rates and lower their tax liability by segregating non-structural assets from the structural assets. Non-structural assets can be expensed or depreciated in five, seven, or 15 years, rather than 27.5 years for residential rental property and 39 years for commercial property. Owners report tax savings of 20% or more on properties valued over $200,000. Clients range from retail stores, restaurants, grocery stores, shopping centers, office buildings, gas stations, healthcare facilities, manufacturing plants, hotels/motels, apartment complex, marinas and many more.