What Waldman Engineering does

Waldman Engineering Consultants, Inc. (WEC) is a structural and mechanical engineering consulting firm founded in 2007 by Mark A. Waldman and headquartered in Lisle, Illinois. The firm provides full-service building evaluation, inspection, and capital planning services to homeowners, property managers, community associations (HOAs and condominiums), multi-family property owners, and commercial building owners across the Greater Chicagoland area. Its core service categories include reserve studies and reserve study updates, engineering transition studies (conducted at developer-to-association handover), property condition assessments, and a broad suite of structural, roof, façade, balcony, EIFS, attic, foundation, and moisture inspections. The firm also provides specification development, construction inspection, contract administration, and bid review, enabling it to guide clients through the full project lifecycle from diagnosis through construction oversight. LiDAR scanning technology is employed as a differentiation, enabling non-invasive structural measurements for roof, balcony, and asphalt projects.

The firm operates a project-based professional services model with custom quoted pricing per engagement, monthly invoicing, and 30-day payment terms. Revenue is generated through fees on reserve studies, inspections, and consulting engagements for community associations and property owners; pricing is not publicly disclosed. Go-to-market is sales-led: prospective clients submit inquiries via website proposal request forms (commercial and residential), and staff respond within two business days. Marketing is concentrated in content (educational blog and YouTube video content on topics such as ice damming, hail damage, moisture intrusion, reserve studies, and sustainability) and organic social (LinkedIn, Facebook), supplemented by professional association memberships in NABIE, ABOMA, ACTHA, CAI, and ICCA. WEC states it has served more than 5,000 clients since founding, and the staff collectively holds over 40 years of combined engineering experience including SE, PE, and LEED AP credentials.

As of January 2, 2026, WEC was acquired by Reserve Advisors, a national provider of reserve studies and capital planning for community associations. The acquisition combines WEC's engineering-focused expertise with Reserve Advisors' national reserve study platform, with WEC continuing to operate as a subsidiary providing reserve studies, forensic engineering, and insurance appraisal services to an expanded geographic footprint.

Name

Waldman Engineering

Legal name

Waldman Engineering Consultants, Inc.

Website

https://waldmaneng.com

Company type

Private

Founded year

2007

Operating status

Acquired

Headcount range

11–50 employees

Short description

Waldman Engineering Consultants provides structural and mechanical engineering consulting, reserve studies, property condition assessments, and inspection services for community associations, property managers, building owners, and homeowners across the Greater Chicagoland area.

Ownership category

akta.pro rank

Product category

Engineering Consulting Services (Building Inspections and Reserve Studies)

NAICS

Architectural, Engineering, and Related Services (5413), Engineering Services (541330)

SIC

Services-Engineering Services (8711), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Civil & Structural Engineering Consulting (BPAHAIAA)

akta.pro secondary industries

Construction Engineering & Constructability Consulting (BPAHAIAN), HOA / Condominium Association Management (BPAJAFAH)

Keywords

• Reserve studies
• Property condition assessments
• Structural inspections
• Building envelope inspections
• Engineering consulting

Headquarters

HQ city

Lisle

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Engineering Consulting Services: Professional engineering consulting services including reserve studies, forensic investigations, structural inspections, building envelope assessments, moisture investigations, and construction oversight. Revenue generated through project-based consulting fees and inspection services for community associations and property owners.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Waldman Engineering Consultants provides engineering consulting services for community associations (HOAs and condominiums), multi-family property owners and managers, and commercial building owners, as well as targeted residential inspection services for individual homeowners. Its core offerings include reserve studies and reserve study updates, engineering transition studies, property condition assessments, and a portfolio of structural and building-envelope inspections (roof, façade, balcony, EIFS, moisture, attic, and foundation). The firm also delivers specification development, construction inspection, contract administration, bid review and analysis, repair specifications, and LiDAR-based 3D scanning.

Product overview

Waldman Engineering Consultants, Inc. (WEC) is an engineering and consulting firm serving community associations in the Greater Chicagoland area since 2007. The company offers a suite of interrelated services centered on building evaluation, reserve planning, and construction oversight. Its core offerings include Reserve Studies and Reserve Study Updates (financial planning tools for long-term capital expenditures), Engineering Transition Studies (conducted at developer-to-association handover), Property Condition Assessments, and a broad range of inspection services covering structural, roofing, façade, balcony, EIFS, moisture, and attic conditions. These inspection and assessment services feed into project specification development, construction inspection, contract administration, and bid review—enabling WEC to guide clients through the full project lifecycle from diagnosis through project completion. The company also employs LiDAR scanning technology for non-invasive structural measurements. Residential services mirror the commercial offerings with a focus on homeowner needs. Together, these services are designed to help community associations maintain safe, well-funded properties through accurate engineering reporting and creative problem resolution.

Differentiator

Problem solved

Functional benefit

Products and services

• Reserve Studies Initial reserve studies and periodic reserve study updates quantifying long-term capital replacement needs for community associations, condominiums, and multi-family properties.
• Engineering Transition Study Engineer-led transition study performed at developer-to-association turnover to document existing building conditions for community associations in Illinois.
• Property Condition Assessment Comprehensive property condition assessment for commercial and multi-family building owners documenting current physical condition, remaining useful life, and immediate repair needs.
• Structural Inspection Licensed structural inspection of load-bearing building components to identify active or developing structural defects for commercial and multi-family clients.
• EIFS Inspection Inspection of Exterior Insulation and Finish Systems (EIFS) cladding to detect moisture intrusion, substrate damage, and code-compliance issues on stucco-clad buildings.
• Balcony Inspection Inspection of exterior balconies and elevated walking surfaces to evaluate structural integrity, code compliance, and life-safety concerns.
• Roof Inspection Inspection of roof assemblies to assess remaining useful life, current condition, and repair or replacement recommendations.
• Façade Inspection Inspection of exterior façades and cladding systems to identify deterioration, water infiltration, and structural concerns on commercial and multi-family buildings.
• Moisture Inspection Moisture investigation service using diagnostic assessment to locate sources of water intrusion in building envelopes.
• Attic Inspection Inspection of attic spaces to evaluate insulation, ventilation, moisture, and structural framing conditions.
• Specification Development Engineered repair specification writing for building owners and associations to direct contractors through defined repair scopes.
• Construction Inspection On-site construction-phase inspection verifying that repair or capital work is being performed in accordance with engineered specifications.
• Contract Administration Administrative oversight of construction contracts between owners and contractors to support compliance with project specifications and timelines.
• Bid Review & Analysis Review and analysis of contractor bids to help owners evaluate pricing, scope, and qualifications before awarding repair or capital projects.
• LiDAR Scanning LiDAR-based 3D scanning of buildings and sites to capture existing conditions data used in support of inspection, reserve, and assessment engagements.
• Foundation Inspection Engineered foundation inspection for residential and multi-family properties to evaluate settlement, cracking, and structural integrity.
• Repair Specifications (Residential) Engineer-certified repair specifications developed for homeowners and small property owners based on residential inspection findings.

Quantifiable outcome

• Over 5,000 clients served since founding in 2007
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Nine partnerships are on record, tiered major and minor.

• Reserve AdvisorsmajorStrategic or Co-development Partner · 2 January 2026Reserve Advisors, a leading provider of reserve studies, acquired Waldman Engineering Consultants, Inc. (WEC) on January 2, 2026. The acquisition combines WEC's engineering-focused expertise with Reserve Advisors' national leadership in reserve studies and capital planning, creating an expanded suite of services including reserve studies, forensic engineering, and insurance appraisal for community associations.
• NABIE (National Association of Building Inspection Engineers)minorOthersWEC is a member of NABIE, an organization for building inspection professionals.
• ABOMA (Association of Building Owners and Managers Association)minorOthersWEC is a member of ABOMA, an organization serving building owners and managers.
• ACTHA (Association of Chicago Land Title Agents)minorOthersWEC is a member of ACTHA, serving the Chicago real estate community.
• CAA (Community Associations Institute)minorOthersWEC is a member of CAI, the leading organization for community association professionals.
• ICCA (Illinois Community Associations)minorOthersWEC is a member of ICCA, serving Illinois community associations.
• Inside-Out (Moisture Investigation Company)minorStrategic or Co-development PartnerWEC partnered with Inside-Out to co-present a Moisture Investigation Seminar on November 15th at Nichols Library in Naperville. The collaboration provided educational content on identifying common areas of moisture intrusion and proper repair protocols.
• Peoples GasminorGTM or Marketing PartnerPeoples Gas partnered with ComEd to offer discounted energy services and products to owners of buildings with three or more units in Chicago, aligned with the city's Energy Benchmarking Ordinance changes.
• ComEdminorGTM or Marketing PartnerComEd partnered with Peoples Gas to offer discounted energy upgrade services to multi-unit building owners in Chicago as part of energy benchmarking compliance programs.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Reserve Advisors: National leader in reserve studies and capital planning for community associations and parent company of WEC since January 2026. Directly comparable in reserve study and HOA capital planning services, with a far broader national footprint.
• Wiss, Janney, Elstner Associates: Large, nationally recognized engineering consultancy with strong building envelope, structural investigation, and forensic engineering practices headquartered in the Chicago area — directly comparable in structural inspection and building science services.
• ECS Group Limited: National engineering consulting firm offering geotechnical, structural, building envelope, and property condition assessment services — overlaps with WEC's broader inspection and assessment portfolio at larger scale.
• Terracon: Large national engineering consulting firm with property condition assessments, building sciences, and structural engineering services, comparable to WEC in scope but operating at significantly greater scale and geographic reach.
• Braun Intertec: Engineering consulting firm providing structural, geotechnical, and building-related services across the Midwest and beyond — comparable to WEC in service mix and regional Midwest presence, with broader capabilities.

Direct peers

• Klein and Hoffman: Chicago-based structural engineering consulting firm offering restoration, structural assessment, and building envelope services for residential and commercial properties — a close geographic and service-line peer to WEC.
• Association Reserves: National reserve study firm serving HOAs and community associations with comparable reserve study and transition study offerings; competes directly with WEC and Reserve Advisors in the same core service line.
• Building Technology Consultants: Building enclosure and structural engineering consultancy providing property condition assessments, reserve studies, and forensic investigations for residential and commercial clients — direct overlap with WEC's inspection and assessment offerings.
• Pie Consulting & Engineering: Building envelope and structural engineering consulting firm providing moisture investigation, EIFS inspections, and property condition assessments — directly overlapping WEC's core inspection and forensic offerings.
• Matrix Consulting Engineers: Engineering firm specializing in structural assessments, reserve studies, and transition studies for community associations and multifamily properties — directly comparable niche focus to WEC's HOA/multi-family practice.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/waldmanengineering
• LinkedInlinkedin.com/company/waldman-engineering-consultants

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Waldman Engineering