Skip to main content

Real Estate Advisory

Decision Infrastructure For The Built World.

Condition assessments, capital plans, and asset strategy for counties, campuses, and institutional owners.

A Current Profile Of Every Building

Main Library

Built 1974 · 62,000 sq ft · 4 floors

Facility Condition Index (FCI)

12.2%Critical
0%5%10%

Roof

Assessed · Apr 2025
Condition
2 of 10
Remaining life
1 yr left
Renewal cost
$1.3M

Source: 2025 Roof Inspection, p. 7 · assessed Apr 2025

One record per building, kept current: when we record a new inspection or document, the system it covers updates, and each rating shows whether it was assessed, imported or estimated from age, and when. Illustrative data — a fictional county portfolio, not a client.

The Method

From A Drawer Of Documents To A Ranked Capital Plan

Send us what you have. We build one current record for each building, score the condition of every system, and rank the work into a 10-year plan.

How It Works

  1. Your Records

    2025 Roof Inspection.pdf14 pagesAsset List (final v3).xlsx412 rowsMechanical Assessment 2023.pdf31 pages

    + 6 more files from 4 offices

  2. One Building Record

    Main Library

    Harlow County

    Year built
    1974
    Area
    62,000 SF
    Roof
    2/10
    Heating & cooling
    3/10
    Replacement
    $26.0M

    Each field cites its document and page.

  3. Condition Score

    Facility Condition Index (FCI)

    12.2%

    Critical· $3.2M backlog

  4. Ranked Capital Plan

    Fund firstScore / 100

    1. 1Electrical service upgrade80Public Works Yard · $353,000
    2. 2Fire protection upgrade80Courthouse Parking Deck · $288,000
    3. 3Elevator modernization78Courthouse Parking Deck · $432,000

    + 51 more projects · $32.4M over 10 years

Records go in and a ranked capital plan comes out: documents feed one building record, the record sets a condition score, and the scores rank the work. Illustrative data — a fictional county portfolio, not a client.

Conventions We Work In

Organized The Way Your Reviewers Read

Engineers, auditors, and budget staff already know these conventions. Our reports use them, so nobody has to learn a new vocabulary.

  • Uniformat Building Systems

    Each building is broken into 15 systems, grouped the way the Uniformat classification groups them.

  • Facility Condition Index (FCI)

    Repair backlog divided by replacement cost. Under 5% reads as healthy; over 10% reads as critical.

  • Capital Asset Reporting

    A capital asset schedule that supports your auditor’s note disclosure under Governmental Accounting Standards Board (GASB) Statement 34.

  • 10-Year Capital Plan

    Projects ranked by a 100-point score, with the scoring model printed in the plan itself.

The Problem

Your Building Records Live In Too Many Places

The roof report sits in one inbox, the asset list in a spreadsheet, the elevator certificate in a binder. Answering “what does this building need?” can take a week of digging.

We pull it into one record per building. Each figure records where it came from: the document and page, the inspection and date, or, where nothing better exists, an estimate from the system’s age.

Scattered Files, One Record

Building Record

Main Library

Harlow County · 9 sources

Repair backlog
$3,177,000
Facility Condition Index
12.2%Critical
Year built
1974
Source: Asset List (final v3).xlsx
Gross area
62,000 SF
Source: As-Built Drawings 1974.pdf
Replacement value
$26,040,000
Source: Insurance Schedule FY25.pdf
Roof
2/10 · 1 yr left
Source: 2025 Roof Inspection.pdf
Heating & cooling
3/10 · 1 yr left
Source: Mechanical Assessment 2023.pdf
Electrical
5/10 · 9 yrs left
Source: Facility Assessment Sheet FY25.xlsx
Conveying (elevators)
5/10 · 6 yrs left
Source: Elevator Certificate 2023.pdf
Fire protection
6/10 · 11 yrs left
Source: Fire Marshal Letter.pdf
Finishes, partitions & ceilings
5/10 · 5 yrs left
Source: Walkthrough Notes.docx
Nine files from different offices become one building record, and each figure taken from a file keeps a pointer to it. Illustrative data — a fictional county portfolio, not a client.

The Platform

Software We Built To Do This Work

Our condition, capital planning, and asset strategy work runs on our own platform. You see the same screens we do, and the record stays yours.

Inside The Platform

See Every Building At Once

  • Every system in every building rated 1 to 10, with its remaining life and renewal cost.
  • The repair backlog and Facility Condition Index (FCI) for each building and the whole portfolio.
  • Each rating says whether it was assessed, imported, or estimated from the building’s age.

Harlow County · Condition Assessment

Harlow County · 8 buildings · as of 2026

Condition Assessment

Repair backlog
$9.5M
Portfolio FCI
7.3%
Critical
3 of 8
BuildingRoofWalls & windowsHeating/coolingElectricalPlumbingElevatorsFire protectionControlsFinishesSiteFCI
Main LibraryRoof: condition 2 of 10, 1 yr leftExterior walls & windows: condition 5 of 10, 14 yrs leftHeating & cooling: condition 3 of 10, 1 yr leftElectrical: condition 5 of 10, 9 yrs leftPlumbing: condition 6 of 10, 12 yrs leftConveying (elevators): condition 5 of 10, 6 yrs leftFire protection: condition 6 of 10, 11 yrs leftBuilding controls: condition 4 of 10, 4 yrs leftFinishes, partitions & ceilings: condition 5 of 10, 5 yrs leftSite, paving & drainage: condition 6 of 10, 8 yrs left12.2%
Eastside Branch LibraryRoof: condition 7 of 10, 9 yrs leftExterior walls & windows: condition 8 of 10, 24 yrs leftHeating & cooling: condition 6 of 10, 8 yrs leftElectrical: condition 7 of 10, 18 yrs leftPlumbing: condition 8 of 10, 22 yrs leftConveying (elevators): condition 7 of 10, 12 yrs leftFire protection: condition 8 of 10, 20 yrs leftBuilding controls: condition 4 of 10, 1 yr leftFinishes, partitions & ceilings: condition 6 of 10, 6 yrs leftSite, paving & drainage: condition 7 of 10, 10 yrs left3.0%
Fire Station 3Roof: condition 6 of 10, 7 yrs leftExterior walls & windows: condition 7 of 10, 20 yrs leftHeating & cooling: condition 3 of 10, 2 yrs leftElectrical: condition 6 of 10, 12 yrs leftPlumbing: condition 6 of 10, 14 yrs leftConveying (elevators): condition 6 of 10, 9 yrs leftFire protection: condition 7 of 10, 15 yrs leftBuilding controls: condition 5 of 10, 5 yrs leftFinishes, partitions & ceilings: condition 6 of 10, 6 yrs leftSite, paving & drainage: condition 6 of 10, 9 yrs left7.2%
Public Works YardRoof: condition 3 of 10, 1 yr leftExterior walls & windows: condition 3 of 10, 4 yrs leftHeating & cooling: condition 5 of 10, 6 yrs leftElectrical: condition 2 of 10, 2 yrs leftPlumbing: condition 5 of 10, 9 yrs leftConveying (elevators): condition 4 of 10, 5 yrs leftFire protection: condition 5 of 10, 8 yrs leftBuilding controls: condition 4 of 10, 3 yrs leftFinishes, partitions & ceilings: condition 5 of 10, 4 yrs leftSite, paving & drainage: condition 4 of 10, 4 yrs left11.3%
Civic CenterRoof: condition 3 of 10, 2 yrs leftExterior walls & windows: condition 6 of 10, 18 yrs leftHeating & cooling: condition 5 of 10, 6 yrs leftElectrical: condition 6 of 10, 12 yrs leftPlumbing: condition 6 of 10, 15 yrs leftConveying (elevators): condition 5 of 10, 7 yrs leftFire protection: condition 3 of 10, 3 yrs leftBuilding controls: condition 5 of 10, 5 yrs leftFinishes, partitions & ceilings: condition 6 of 10, 7 yrs leftSite, paving & drainage: condition 6 of 10, 10 yrs left6.0%
Riverside Community CenterRoof: condition 8 of 10, 12 yrs leftExterior walls & windows: condition 8 of 10, 30 yrs leftHeating & cooling: condition 7 of 10, 11 yrs leftElectrical: condition 8 of 10, 22 yrs leftPlumbing: condition 8 of 10, 28 yrs leftConveying (elevators): condition 8 of 10, 15 yrs leftFire protection: condition 8 of 10, 24 yrs leftBuilding controls: condition 7 of 10, 7 yrs leftFinishes, partitions & ceilings: condition 7 of 10, 8 yrs leftSite, paving & drainage: condition 7 of 10, 13 yrs left0.0%
Parks Maintenance ShopRoof: condition 5 of 10, 6 yrs leftExterior walls & windows: condition 5 of 10, 12 yrs leftHeating & cooling: condition 2 of 10, 1 yr leftElectrical: condition 5 of 10, 8 yrs leftPlumbing: condition 5 of 10, 10 yrs leftConveying (elevators): condition 5 of 10, 6 yrs leftFire protection: condition 5 of 10, 9 yrs leftBuilding controls: condition 4 of 10, 3 yrs leftFinishes, partitions & ceilings: condition 3 of 10, 2 yrs leftSite, paving & drainage: condition 5 of 10, 6 yrs left12.6%
Courthouse Parking DeckRoof: condition 6 of 10, 8 yrs leftExterior walls & windows: condition 6 of 10, 16 yrs leftHeating & cooling: condition 6 of 10, 9 yrs leftElectrical: condition 3 of 10, 2 yrs leftPlumbing: condition 6 of 10, 13 yrs leftConveying (elevators): condition 3 of 10, 1 yr leftFire protection: condition 2 of 10, 2 yrs leftBuilding controls: condition 5 of 10, 4 yrs leftFinishes, partitions & ceilings: condition 6 of 10, 8 yrs leftSite, paving & drainage: condition 5 of 10, 5 yrs left5.5%
1 failing10 like new

Orange: 3 or lower, poor condition

Scroll sideways for every system.

Five views of the platform we deliver on: building condition, the ranked capital plan, funding scenarios, board reports, and where each figure came from. Illustrative data — a fictional county portfolio, not a client.

Sources On Record

Pick A Cost. See Where It Came From.

A capital plan gets questioned in public. Each cost in ours records its source, whether a document, an inspection or an estimate from age, so the answer is already in hand.

Trace Any Figure

Capital Plan

FY 2027–2036

Select a figure to see where it came from.

Roof replacement $1,302,000 — from 2025 Roof Inspection, page 7

2025 Roof Inspection.pdfPage 7 of 14

2025 Roof Inspection

Harlow County Facilities · April 2025

5.1 Recommendations

Membrane splits and standing water across the low-slope roof. Condition rated 2 of 10.

Replace roof membrane and insulation: $1,302,000

7

Each cost in this example records its source; select one to see the page. Illustrative data — a fictional county portfolio, not a client.

The Process

Four Phases, From First Call To Handover

Most engagements follow the same four steps. Portfolio size and scope set the schedule; the weeks shown are typical, not promised.

See how we work

How An Engagement Runs

  1. Weeks 1–2

    01

    Intake

    Send what you have, in whatever form it’s in: building lists, past condition reports, inspection letters, spreadsheets. Nothing needs cleaning first.

  2. Weeks 3–5

    02

    Resolution

    Each value records where it came from: the document and page, the inspection and date, or, where nothing better exists, an estimate from the system’s age. Where two documents disagree, we show you both and record the decision.

  3. Weeks 6–9

    03

    Analysis

    We do the analysis the engagement calls for: condition scores, a ranked plan, a fee calculation or a map. Every result shows the method and the inputs behind it.

  4. Weeks 10–12

    04

    Handover

    You get the reports as PDFs, the data as spreadsheet exports, and the building record with its sources. The scoring model is printed in the plan.

The four phases of an engagement, in order, with roughly how many weeks each one takes.

The Firm

An Advisory Firm That Builds Its Own Software

Portfoliq is based in Smyrna, Georgia. The people who scope your engagement are the people who built the platform it runs on.

About the firm
  • Billi Joseph

    Co-Founder & Chief Executive Officer

    Strategy at EY-Parthenon and institutional real estate advisory. Led nine-figure capital planning engagements for major U.S. universities.

  • Luke Chen

    Co-Founder & Chief Technology Officer

    Software Development Engineer at Amazon Web Services, with prior engineering at Amazon and Visa. Georgia Tech, Computer Engineering.

We’re building the asset management firm that makes the built world more efficient and resilient.

Tell Us What You Own

A building list and a deadline are enough to start a useful conversation.

Contact Us