Real Estate Services
We have extensive experience in accounting and audit for real estate companies. Real estate businesses we have worked with include developers, home builders, single-asset owner/operators, multi-asset commercial operators, property management companies, retirement communities/senior housing. In addition, we have performed accounting and audit services for residential and commercial owners' associations.
General
Some of our services types are common to various real estate-oriented entities:
• Financial statement preparation
• Acquisition due diligence
• Banking relations
• Construction/permanent lender relations
• Debt covenant compliance
• Cash flow projections
• Budgets
• Selling and administrative expense review and analysis
Developers & Homebuilders
The following services are in addition to the services listed above:
• Acquisitions & dispositions
• Project and job budgets
• Profit recognition
• Job cost accounting
• Loan draws
Commercial
Additional services available to commercial real estate operators include:
• Tenant billing
• Processing vendor invoices, disbursements
• Common Area Maintenance (CAM) calculations and reconciliations
• Budgets and cash flow projections
• Rent roll maintenance
• Management and asset fee calculations
Retirement/Senior Housing
• Department budgeting
• Budget to actual review and analysis
• Department financial training
• Management and asset fee calculations
• Acquisition due diligence
• Internal audits
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