effectively the replacement reserves cost table. The report may be 20-40 pages in length; however, this table summarizes most of the deferred maintenance items found. These tables may be from 8 years in length to 40 or even more. The typical table is 12 years for most CMBS work (loan term plus two years). Properties fall into one of two main categories. They are either per unit/bed/pad/room (apartment, hospital, mobile home park, hotel, respectively), or done on a square foot basis (commercial and industrial). References External links National Association of Commercial Building Inspectors and Thermographers Commercial Property Appraisal Real estate in the United States Commercial real estate