Basis


ASSESSMENTS
Basis staff members have been performing due diligence assessments
since the 1980s when Life Insurance firms decided they needed to know something about properties they were investing in. Since then, we have been there as Fannie Mae developed its industry template, then ASTM, then HUD-MAP, then USDA.
In assessing capital or property needs, Basis is able to provide any format for any agency or lending program: PCNA, CNA, and PNA to agency or lender requirements and ASTM standards. We identify:
bullet.gif Existing conditions, risks and upside possibilities for acquisitions.
bullet.gif Deferred maintenance
bullet.gif Code deficiencies
bullet.gif Life Safety issues
bullet.gif Regulatory and program compliance, such as ADA and Section 504
bullet.gif Analyze zoning, site constraints, and budget to prepare scope of work
bullet.gif Reserve Analysis to term required by funding source or owner program
  • LIHTC Investors and Syndicators
  • HUD for FHA programs
  • HUD for HAs, ARRA, CDBG etc.
  • USDA/RD 515 Transfers, 538 etc.
  • State Tax Credit Allocation Committees
  • Bonding Agencies
  • Banks and Conventional Lenders