Construction Risk Peer Review Services
Winica provides specialized peer review services for third-party Plan & Cost Reviews and Construction Monitoring Inspections, providing an added layer of assurance for lenders, investors, and project stakeholders. Our team conducts a meticulous evaluation of existing reports to assess their technical accuracy, risk identification, and alignment with project objectives and industry standards. By validating or challenging the conclusions of third-party consultants, we help ensure that critical construction risks are properly addressed and that reporting frameworks support sound decision-making. This service is particularly valuable when project complexities, regulatory scrutiny, or high capital exposure demand deeper due diligence and an independent second opinion.
Chief Engineer/Architect Services
Winica can provide Agency-required reviews of third-party consultant's Pre-Construction Analyses and Post-Construction Reporting. Experienced in Fannie, Freddie, and HUD, Winica's reviews are timely and will work with your conversion and undewriting teams effortlessly to meet all Agency requirements.
Pre & Post Construction Analysis
Pre-Construction Analysis Inspections or "Pre-Cons" are crucial to understanding the existing asset that will be used for your construction project or acquisition. Whether it's a green field or a centuries old building, Winica uilizes enhanced Due Diligence to make sure the existing property matches what is being reported on zoning and survey documents, and that any sub-par building conditions will be remedied with the proposed renovation scope of work.
Post-Construction Analysis Services include an inspection of a completed project as well as an in-depth look at essential Close-Out Documentation. Assurance that the completed project reflects what was agreed upon is imperative. We will interview property staff and make a detailed observation of the end product. We support our findings with reviews of Certificates of Occupancy, Architect Certification, As-Built Drawings and more.
Capital Expenditure (CapEx) Services
Capital Expenditures related to the acquisition, improvement, or maintenance of buildings typically require a unique, tailored set of services. Similar to our construction risk assessments, Winica provides an assessment of adequacy of Capital Expenditure Budgets as well as inspections for periodic Draw Requests related to the improvements. We will confirm that work has been completed according to the CapEx Budget and any design, drawings, and scopes of work that are required as per the loan documents.
