Reserve Studies for Property Transitions

Powerful, Accurate, Thorough Reserve Studies

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Get the Information You Need

Whether you are planning to purchase a new phone or a new property, doing your research is critical. When you purchase a typical consumer product, you can conduct a quick Google search and find the information you need. But when it comes to purchasing a new commercial building, it’s not so easy. That’s where our team at Structural Technologies in Chicago comes in. We provide you with astonishingly accurate reserve studies and overall building analysis to give you the critical information you need to make a well-informed decision. If you are purchasing a commercial property and are in need of a turnover inspection/reserve study, contact us today.

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Why choose a reserve study or turnover inspection at Structural Technologies in Chicago?

It’s simple: our revolutionary ProStudy software. Our ProStudy software is a proprietary reserve study system that takes into account factors that other reserve studies simply don’t. ProStudy factors in:

  • Major maintenance
  • Cyclical repair
  • Cyclical replacement
  • Special assessments
  • Construction loans
  • Inflation
  • Variable return rates for deposits
  • And More

Contact Structural Technologies in Chicago today to learn more and to get started with your turnover inspection.

Developer Transition Studies sometimes referred to as a “turnover inspection” is a cumulative evaluation and assessment of a property to aid in the transition of ownership from the developer or managing partner to the association/association board.

Given that this process is to occur near the inception of the association, oftentimes the association board itself is in its infancy and requires guidance as to the condition of the association’s common area elements and communal assets.

CREATING A WELL-FOUNDED STRATEGY

As with every great journey, the first steps toward success are grounded in the creation of a well-founded strategy, and as such, it is critical that an association has an accurate roadmap. Consider Structural Technologies your guide through this construction management process.

Through our meticulously structured approach to reviewing completed construction in addition to analyzing the condition of association-managed common area components, we are able to not only to determine areas of concern but also produce a forecasted budget for managing projected capital expenditures as well as produce recommended accounting strategies so that those projects are fully funded.

LASTING BUSINESS RELATIONSHIPS

Partner’s archaic definition is that of cooperation or of a console, it is emphasized above to define not your partnership to us but rather our allegiance to you, as it is our aspiration that through working with us and through us that we earn your trust and forge a lasting business relationship.

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