Our Capital Planning services provide property owners and managers with strategic, data-driven insights to ensure the long-term financial health and sustainability of their assets. We offer comprehensive assessments, reserve fund studies, and detailed financial analyses to identify future capital needs and develop effective funding plans. By proactively planning for repairs, replacements, and upgrades, we help you make informed decisions, optimize lifecycle costs, and maintain the value and functionality of your property.
Building Condition Assessments
Condition Evaluation:
A comprehensive assessment of the physical condition of your building, including structural elements, mechanical systems, electrical systems, and exterior components. This evaluation helps identify areas that need immediate attention and those that will require future investment.
Maintenance Planning:
Developing a maintenance plan based on the building condition assessment, prioritizing repairs and replacements to extend the life of your building systems and components. This proactive approach helps prevent costly emergency repairs and extends the lifespan of your assets.
Reserve Fund Studies
Reserve Fund Analysis:
An evaluation of your reserve fund’s adequacy in covering future capital expenditures. This includes analyzing the current reserve fund balance, projected capital needs, and contributions required to meet future expenses.
Funding Plan Development:
Creating a funding plan that outlines the required annual contributions to the reserve fund to ensure that sufficient funds are available for future capital projects. This plan helps property owners and managers budget effectively and avoid unexpected financial shortfalls.