S.W.A.T. for Multi-Family Properties

Survey, Walk-through, Audit and Test

For buyers, borrowers and lenders of multifamily properties, Situs offers a specialized inspection service known as “S.W.A.T.” The “Survey, Walk through, Audit and Test” process is designed to help clients quickly evaluate multifamily properties under contract or loan application. Our experienced S.W.A.T. team provides:

• Door-by-door assessment of the general quality and condition of every unit interior including a detailed listing of all issues and deferred maintenance items
• Assessment of the quality and condition of the buildings, grounds and common areas including a detailed listing of all issues and deferred maintenance items
• Auditing of tenant leases to identify rent roll discrepancies and tenant-specific information
• Checks for unpaid insurance and property taxes

In the last 18 months, Situs has conducted apartment assignments covering more than 30,000 units throughout the U.S. and has inspected more than $4 billion of commercial and multi-family residential property in Europe. We provide our clients with clear, objective, timely information that gives them a better understanding of the property without delaying the closing.