Asset Management Support

Engineering and construction services for owned assets.

Lobby at office building
Lobby at office building

Asset Management Support

Engineering and construction services for owned assets.

Since 1998, Pond Robinson & Associates has supported asset managers, landlord / tenant representatives, law firms, and property managers by providing quality assessments, services, and capital expenditure planning for owned or managed assets.

Cranes in construction site
Worker with harness and safety equipment
Building model

Asset Management Support & Assessments

Proactive real estate management practices often require periodic assessments so that the owner or manager can accurately determine the financial implications or risks related to deferred maintenance items, capital projects, recommended upgrades, or unrepaired deficiencies. We provide high-quality assessments and services conducted by experienced professionals with a broad knowledge of building systems.

Owned & Managed Asset Services Overview

  • Periodic Condition & Capital Planning Assessments: Periodic assessment to understand condition of asset and capex planning requirements. Typically done every 2-5 years for owned-assets or before/after major renovations or planned tenant improvement projects.
  • Disposition or Recapitalization Preparation: Assessments to understand condition of assets, prior to disposition or recapitalization. Optimize value and limit exposure during transactions.
  • Building Optimization Projects: PR&A focuses on enhancing the resilience and performance of buildings through targeted optimization projects. This includes structural and infrastructure enhancements as well as energy and utility efficiency measure implementation.
  • Lease Obligation Review: Compare assessment findings to lease obligations for maintenance and repairs. Ensure tenant improvements and maintenance are aligned with lease provisions and Owner expectations.
  • Vacancy Capital Planning: A focus on the lease turn over requirements, capital needs of the building, and maintenance and repair expenses that would be transferred to the Owner from the tenant at the conclusion of the lease.
  • Capital Project Design Review and Oversight: PR&A provides consultation for managing capital projects from inception to completion. This includes project planning, review, and oversight to ensure that all aspects of the project align with your investment plan.

PR&A is able to effectively help our clients understand and plan for capital expenditures and other exchanges, allowing them to maximize value during the term of their investment.

Capital Planning Process

We believe our process is unique and demonstrates that our firm and our commitment to client satisfaction are unequaled in our industry.


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Assessments & Data Collection

Identification of capital expenditure items by engineering assessment. Inventory of equipment and appliances, classification and inventory of interior finishes and fixtures.

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Establish Baseline

Development of baseline capital expenditure plan, forecast equipment and appliance replacement, identify renovation projects.

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Optimize Capital Plan

Refine the capital plan to align with business & investment plan. Align capital projects, renovations, and equipment replacement with integrated approach.

Engineer with gear icon

Execute Capital Projects

Execute the capital plan, measure progress, track costs. Assist with design development and peer review. Perform construction administration and quality control & progress inspections.

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Update & Monitor Capital Plan

Monitor, update, and refine capital plan to allow for accurate budget forecasting, better investment decisions, and detailed planning.

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Capital Project Design Review and Oversight

We serve to protect the Owner's interests during the design and construction of renovations and capital projects.

PR&A provides consultation for managing capital projects from inception to completion. This includes project planning, review, and oversight to ensure that all aspects of the project align with your investment plan.

Rebar stacks next to construction site

PR&A can provide design review and oversight for tenant improvement projects with a focus on preserving the underlying asset for the Owner, ensuring that improvements are aligned with lease provisions and Owner expectations.

Building Lobby

In the event of unforeseen damage or emergencies, PR&A offers rapid response and expert remediation oversight. Our team is equipped to review urgent repairs, perform damage assessments, and assist with restoration efforts.

Workers repairing foundation

PR&A has experience providing oversight for insurance claims related to property damage or loss, which is often a service that is reimbursable by most commercial policies. We assist in navigating the claims process, ensuring that all documentation is accurate and comprehensive. Our role includes liaising with insurance personnel, performing quality control inspections, and reviewing disbursement and draw requests.

Indoor plumbing

PR&A focuses on enhancing the resilience and performance of buildings through targeted optimization projects. This includes structural and infrastructure enhancements as well as energy and utility efficiency measure implementation.

HVAC system on rooftop of a building

Capital Project Design Review and Oversight

We serve to protect the Owner's interests during the design and construction of renovations and capital projects.

Rebar stacks next to construction site

PR&A provides consultation for managing capital projects from inception to completion. This includes project planning, review, and oversight to ensure that all aspects of the project align with your investment plan.

Building Lobby

PR&A can provide design review and oversight for tenant improvement projects with a focus on preserving the underlying asset for the Owner, ensuring that improvements are aligned with lease provisions and Owner expectations.

Workers repairing foundation

In the event of unforeseen damage or emergencies, PR&A offers rapid response and expert remediation oversight. Our team is equipped to review urgent repairs, perform damage assessments, and assist with restoration efforts.

Indoor plumbing

PR&A has experience providing oversight for insurance claims related to property damage or loss, which is often a service that is reimbursable by most commercial policies. We assist in navigating the claims process, ensuring that all documentation is accurate and comprehensive. Our role includes liaising with insurance personnel, performing quality control inspections, and reviewing disbursement and draw requests.

HVAC system on rooftop of a building

PR&A focuses on enhancing the resilience and performance of buildings through targeted optimization projects. This includes structural and infrastructure enhancements as well as energy and utility efficiency measure implementation.

Westfield Valley Fair Shopping Center

Santa Clara, California

Westfield Valley Fair Shopping Center

Santa Clara, California

The renovation and expansion of Westfield Valley Fair Shopping Center in Santa Clara/San Jose, CA, involved upgrading the existing center and adding approximately 640,000 square feet of retail and a parking garage. PR&A provided design and document review, along with construction monitoring services throughout the various phases of capital projects, ensuring the mall’s transformation into a modern retail hub.

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The Water Garden

Santa Monica, California

The Water Garden

Santa Monica, California

The Water Garden in Santa Monica, a prominent office complex, underwent exterior renovations to modernize its facilities while preserving its serene environment. The project included façade updates, storm water and plaza waterproofing upgrades, landscape enhancements, and the addition of outdoor amenities. PR&A provided design review, construction monitoring, and closeout services for this large capital project.

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701 Brickell

Miami, Florida

701 Brickell

Miami, Florida

701 Brickell is a prominent office building located in the heart of Miami’s financial district, Brickell. The property is a Class A office tower, known for its modern architecture and prime location. The building stands 33 stories tall and offers approximately 677,000 square feet of premium office space. PR&A performed a property condition assessment for the acquisition for a major institutional investor. Twenty-two years later, our client also trusted us to perform a property condition assessment in preparation for the disposition of this property

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One Madison Avenue

One Madison Avenue

New York, New York

One Madison Avenue

New York, New York

One Madison Avenue, the Metropolitan Life Tower, is a Class-A office building located at the southern end of Madison Avenue in New York City. PR&A was retained by the Owner of the property to review the condition prior to an anticipated sale. We were tasked with finding any system that exhibited a significant cost to operations that could result in a potential buyer requesting a reduction to the purchase price. Systematically PR&A detailed a list of repair and maintenance items that the Seller then took to local contractors to price which allowed the potential buyer to understand the cost of ownership.

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Representative Projects

By the Numbers

1200 +

Projects

(Nationwide)

25 +

Years of Service

17 B

In Developments in 2023

50

States

Experience Across all Asset Types

Our experience extends across all asset types and alongside many of the major operators, managers, and developers for each asset class across the nation.

Multifamily

PR&A has assessed thousands of multifamily properties including single family rental, student housing, senior living assets. This includes garden style, mixed use, and mid- and high-rise multifamily buildings.

Multi Family Building

Industrial

Our experience spans over 50 million SF of industrial and warehouse space including mega distribution facilities, data centers, cold storage facilities, multi-story warehouses, shallow bay buildings, outdoor storage, trailer parking facilities, and master planned developments.

Industrial Warehouse Building

Office & Health Care

PR&A has assessed and provided construction oversight for many of the office buildings that shape our nation’s skylines including high-rise towers, corporate campuses, life science and biomanufacturing facilities, medical office buildings, and hospitals.

Office Building

Retail & Mixed Use

Our team has significant experience with mixed use and retail properties across the country including regional mall portfolios, anchored retail centers, mixed-use developments, and adaptive reuse projects.

Interior View of a Mall

Hotel

PR&A has assessed over 10,000 rooms across our hotel & hospitality portfolio. This includes coastal resorts, golf courses, business lodging, luxury towers, adaptive reuse projects, and historic buildings.

Hotel Lobby

Historical Properties & Adaptive Reuse

We apply the appropriate disciplines necessary to bring buildings and systems back to optimum conditions. This applies to industrial facilities, office buildings, hospitals, college and university buildings, parking facilities, and a broad range of other facilities.

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Historical Remodel of the University Club

Experience Across all Asset Types

Our experience extends across all asset types and alongside many of the major operators, managers, and developers for each asset class across the nation.

Multi Family Building

Multifamily

PR&A has assessed thousands of multifamily properties including single family rental, student housing, senior living assets. This includes garden style, mixed use, and mid- and high-rise multifamily buildings.

Industrial Warehouse Building

Industrial

Our experience spans over 50 million SF of industrial and warehouse space including mega distribution facilities, data centers, cold storage facilities, multi-story warehouses, shallow bay buildings, outdoor storage, trailer parking facilities, and master planned developments.

Office Building

Office & Health Care

PR&A has assessed and provided construction oversight for many of the office buildings that shape our nation’s skylines including high-rise towers, corporate campuses, life science and biomanufacturing facilities, medical office buildings, and hospitals.

Interior View of a Mall

Retail & Mixed Use

Our team has significant experience with mixed use and retail properties across the country including regional mall portfolios, anchored retail centers, mixed-use developments, and adaptive reuse projects.

Hotel Lobby

Hotel

PR&A has assessed over 10,000 rooms across our hotel & hospitality portfolio. This includes coastal resorts, golf courses, business lodging, luxury towers, adaptive reuse projects, and historic buildings.

Historical Remodel of the University Club

Historical Properties & Adaptive Reuse

We apply the appropriate disciplines necessary to bring buildings and systems back to optimum conditions. This applies to industrial facilities, office buildings, hospitals, college and university buildings, parking facilities, and a broad range of other facilities.

Explore Projects

Our Team

Michael Raybon

Michael Raybon

Managing Principal

Michael Raybon is the Managing Principal of Pond, Robinson & Associates and brings 30 years of experience in the evaluation of existing facilities and oversight of development projects. Mr. Raybon has been the project engineer on thousands of assessments and development projects and has been an integral part of the ownership, operations, and management of Pond, Robinson & Associates.

Education
  • B.S., Materials Science and Engineering, University of Florida 1990
Registrations
  • Professional Engineer, Florida, 1998
  • Professional Engineer, Texas, 2009
Mark Petersen

Mark Petersen

Principal and Chief Operating Officer

Mark Petersen is a Principal and Chief operating Officer of Pond, Robinson & Associates and brings over 25 years of facilities, construction and environmental consulting experience to the firm, including two years of experience working in Europe and Asia. His extensive work with a diverse group of clients gives him an exceptional understanding of their needs. Mr. Petersen has been a registered Professional Engineer for 22 years and has significant experience managing and conducting property condition assessments as well as conducting design and feasibility reviews, performing construction oversight, and review of specialized services including roof assessments, environmental assessments. Over the last five years, Mr. Petersen has been an integral part of the ownership, operations and management of Pond, Robinson & Associates.

Education
  • Bachelor of Science, Civil Engineering, University of Illinois 1993
Registrations
  • Professional Engineer, Illinois, 1998
  • Professional Engineer, Texas, 2017
Steve Brandt

Steve Brandt

Chief Engineer

Steve Brandt is the Chief Engineer of Pond, Robinson & Associates. He brings more than 40 years of Professional Engineering consulting experience to the firm, possessing comprehensive training, knowledge, and experience in construction management and consulting; commercial land development; commercial property condition assessments; accessibility engineering; and sustainability. He has proven business and engineering success serving a broad range of institutional clients, across all industries, sectors and property types, providing a high degree of professional service and care to meet the changing needs of our clients.
Mr. Brandt possesses a unique combination of professional assessment and evaluation skills, consisting of a thorough knowledge of land development, including the entitlement, financing and feasibility of commercial developments, and the design and construction of the built environment.
His comprehensive understanding of building systems, material characteristics, construction techniques, green and sustainable design and construction practices, contracts, codes and standards, environmental and hazardous materials regulations, remediation alternatives, and maintenance and repair strategies provides a qualified and focused approach to construction management, commercial property review, assessment and due diligence investigations. He has extensive training and experience in energy consulting, commissioning, benchmarking, energy audits, LEED® and ENERGY STAR® certifications. As a Certified Accessibility Specialist, he also possesses detailed expertise in accessibility and disability engineering.

Education
  • Bachelor of Science, Civil Engineering, Valparaiso University, 1980
Registrations
  • Professional Engineer, Texas, 1987
  • ICBO Certified Accessibility Specialist
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Worker by the window on a skyscrapper
Worker by the window on a skyscrapper

Commitment to Client

We are proud to be a preferred consultant for many of the nation’s largest and most diligent investors.

You can rely on PR&A to execute at a high level for every transaction or development.