In a recent post, we began our look into the impact that functional obsolescence and deferred maintenance can have on commercial properties. While the near term upside to deferring maintenance is higher cash flow, the downside risks are generally harmful to your property’s long term performance and resale value. Let’s take a look at some deferred maintenance items with an eye for measuring their impact on the performance of your real property asset.

Whether you own a Class C wood-frame building constructed in the early 1970s or a Class A high-rise, there has never been a more important time to take a critical and brutally honest look at how your property is perceived by prospective tenants.