The Firm's Real Estate Financial Services Group specializes in providing financial and accounting solutions to real estate owners, developers, managers, REITs, private equity funds, institutional investors and other real estate related entities. Our expertise includes financial statement preparation, investor reporting, accounting systems, construction accounting, partnership cash flow modeling and other services.
The Real Estate Financial Services Group offers a wide range of financial and accounting services tailored to the meet the specific needs of the real estate industry. These services are customized to satisfy the requirements of the real estate investor ranging from the individual real estate owner through the largest global institutional investor. Our extensive knowledge of the real estate industry combined with our expertise in the leading real estate software packages (MRI, Yardi, Timberline) ensures that our clients maximize the value of their real estate holdings.
Services
Financial Reporting
Monthly, quarterly and annual reporting including preparation of investor financial statements and accompanying footnotes
Lender reporting and covenant compliance
Asset level reporting
Outsourced Accounting
General ledger maintenance, invoice processing and bank reconciliations
Development of chart of account
Training and oversight of accounting personnel
Interim staffing requirements through CFO
Construction Accounting Services
Construction accounting and finance oversight
Job costing
Draw request preparation, review and approval
Performance tracking vs budget
Contract management
Waterfall/Promote Calculations
Review relevant terms in operating agreement
Create waterfall/promote model based on parameters in operating agreement
Track individual partner contributions and distributions
Calculate allocation of projected capital proceeds to each respective partner