Operational Condition Assessment

Know the Risk Before It Owns You.

Senior-led facilities risk assessments designed to reduce operational exposure, prevent costly failures, and support informed ownership decisions.

Founder-Led. Senior-Engineered. Owner-Focused.

Carlos Villafañe, Founder of FROCA Group, is a senior facilities and engineering leader with over 20 years of experience protecting and optimizing large, high-liability real estate assets. His background includes direct accountability for a 585,000-square-foot, 23-story commercial property, operational performance, reliability, and risk control.

FROCA Group delivers senior-engineering-led facility risk assessments that help owners and investors identify exposure, prioritize capital, and avoid costly surprises—before risk becomes loss.

Services Overview

FROCA Group delivers independent, owner-side facility risk and operational condition assessments designed to support informed decision-making for owners, investors, and operators.

  • Facility Risk & Operational Condition Assessments

  • Deferred Maintenance & Capital Prioritization

  • Life-Safety & Compliance Review

  • MEP Systems Evaluation

  • Owner & Investor Decision Support

Trusted by Owners, Operators & Advisors

Experience across complex commercial assets. FROCA Group is trusted by professionals managing hospitality, multifamily, and commercial real estate portfolios.

WHAT FROCA DOES

Facilities Risk & Operational Condition Assessment

FROCA Group delivers senior-led facilities risk and operational condition assessments that help owners and asset managers identify exposure before it becomes liability. Each engagement is designed to surface:

  • Operational risk
  • Deferred maintenance
  • Life-safety concerns

These factors materially affect asset performance and capital planning decisions.

Assessments focus on how building systems operate under real conditions, not just how they look on paper. Findings are practical, clearly documented, and structured to support informed decisions by:

  • Ownership
  • Asset management
  • Insurance stakeholders
  • Advisory groups

Systems Reviewed

Each assessment includes a comprehensive review of critical building systems that impact operational risk, safety, and capital exposure:

Reviews are conducted by senior engineering leadership with direct operational accountability for comparable systems.

  • HVAC (RTUs, chillers, boilers, controls)

  • Electrical distribution & emergency power

  • Fire & life safety systems

  • Plumbing & domestic water

  • Vertical transportation (elevators)

  • Building envelope

  • BAS / controls

  • Back-of-house operations

Assessment Focus Areas

Core Risk Domains Evaluated in Every Assessment

Each assessment is structured around core risk domains that impact ownership, operations, and long-term asset performance.

01

Operational Reliability Risk

Identifies system conditions and failure points that threaten uptime, service delivery, and tenant/guest experience.

02

Life Safety & Compliance Exposure

Evaluates risk factors that may result in regulatory violations, safety incidents, or legal exposure.

03

Deferred Maintenance & Capital Risk

Assesses deferred maintenance, system degradation, and capital vulnerabilities that reduce asset value and impair long-term planning.

LEADERSHIP & DIFFERENTIATION

Led by Senior Engineering Leadership

Assessments are conducted by director-level facilities and engineering professionals with real-world experience across:

  1. Hospitality
  2. Multifamily
  3. Residential
  4. Commercial assets

This is not a junior inspection model.

Findings are grounded in operational reality — how systems behave under load, not just theoretical benchmarks or checklist walkthroughs.

Who We Serve

FROCA Group works with professional stakeholders who require clear, objective insight into facility risk and operational condition:
  • Commercial property owners

  • Asset managers

  • Private equity & investment groups

  • Hospitality ownership groups

  • Developers (pre-acquisition or stabilization)

Understanding Lender Inspections and Asset Risk

Many building owners and buyers encounter third-party inspections during financing, refinancing, acquisitions, or portfolio reviews. These inspections are typically commissioned by lenders to evaluate collateral condition and risk exposure.

While these inspections are a standard part of the financing process, their purpose is to protect the interests of the lending institution. As a result, they focus on identifying deficiencies, deferred maintenance, and potential risk—often without full consideration of operational context, planned capital improvements, or day-to-day management realities.

FROCA Group provides owner-side facility risk and operational condition assessments designed to give owners and buyers clarity before lender or third-party reviews occur.

Our assessments help stakeholders:

  1. Understand how an asset may be viewed by lenders and other third parties
  2. Distinguish true operational risk from manageable or contextual conditions
  3. Evaluate building systems based on real-world performance
  4. Align capital priorities with technical and operational realities
  5. Support informed decision-making with clear, defensible documentation

FROCA assessments do not replace lender inspections.

They provide ownership with insight, context, and preparedness so there are no surprises when those inspections take place.

The problem isn’t new.

The pain isn’t new.

The risk isn’t new.

The clarity is.

ASSESSMENT INQUIRIES

Schedule a Facilities Risk Assessment

Gain clarity on operational risk, deferred maintenance, and capital exposure before they translate into liability or unplanned cost.