[This article on Cost Segregation is excerpted from NAI The Dunham Group publication 10th Annual Greater Portland 2021 Industrial Market Survey, found on page 9.] For any building buyer or owner, cash flow is a critical measure of the financial viability and success of a property. A building’s cash flow can help pay down debt,….
When building owners and property managers plan the financial future of their facilities, the quantitative tool most often chosen is the Capital Needs Assessment (CNA). A CNA creates a capital forecast of needed reserves to fund depreciating asset replacement and prioritize discovered deficiencies while providing a comprehensive document to justify lending requests. CNAs are often….
Criterium-Pacific Engineers has begun operations in Honolulu, serving the island of Oahu and the entire state. John McLain, P.E., president of the firm, is a licensed, Professional Engineer with nearly 30 years’ experience as a civil engineer. The business is an independently owned and operated affiliate of Criterium Engineers, one of North America’s leading consulting….
At Criterium Engineers, we’re a pet-friendly workplace and our employees are proud owners of cats, dogs, rabbits, chameleons, turtles, and many other well-loved critters. When our local humane society was purchasing a 24,000 square foot building and asked us to perform a property condition assessment and Phase 1 environmental site assessment, we were delighted to….
Hunter Griffiths recently was hired as Junior Project Engineer at Criterium Engineers. As part of the engineering team, Hunter will be supporting commercial and residential energy and modeling projects, commercial real estate inspections, and other engineering projects. Hunter graduated in May from the University of Maine with a Bachelor’s degree in Mechanical Engineering. This summer,….
If your house, condominium or commercial office building is like most built in the last 50 years, it probably has a sloped roof with one of the following roofing materials: composition shingles composite tile cement or clay tile wood shingles metal roofing Each type of roofing has its unique characteristics. However, there are also some….
The Centurion Foundation, Inc.’s MultiCare Health System properties in Washington State The Centurion Foundation, Inc., a non-profit based in Atlanta, GA, provides real estate development and financing solutions to non-profit health care providers. The Foundation engaged with Criterium Engineers to perform property condition assessments (PCA) at four of the MultiCare Health System properties in the….
The problem of mold in buildings is one that no building owner or manager can afford to ignore. Mold has been suggested as one of the possible factors in so-called “Sick Building Syndrome.” What conditions create mold in buildings? Mold typically reproduces by means of airborne spores. These spores are always present in the air…..
Commercial Building Inspection (CBI) or Property Condition Assessment (PCA) Large corporations, real estate investment trusts, and individual investors purchase commercial real estate (CRE). As part of the pre-purchase due diligence process—often required by lenders—Criterium Engineers offers two key types of commercial building pre-purchase inspections to guide our clients through that process. Not only are these….
Criterium Engineers is delighted to be part of a futuristic, LEED-certified, high-rise construction development in Houston’s iconic Uptown District called Aspire Post Oak. The project is being built by The Dinerstein Companies (TDC), one of the nation’s largest developers of multi-family and student housing communities. TDC engaged with Criterium to provide Building Envelope/Waterproofing, Third Party….