Investment Administration & Reporting

Real Estate

FTI Consulting helps our clients manage their finance and accounting functions with as-needed services or fully outsourced solutions. Our team includes accounting and finance professionals who are CPAs, have served as audit partners, CFOs and controllers and have an expert understanding of the real estate and real estate finance industries.

How We Help

We provide clients a complete suite of services including fully outsourced fund administration and accounting and financial reporting services as well as on-call technical accounting advisory services regarding SEC, US GAAP, income tax basis and IFRS reporting matters. Our clients include publicly traded and private mortgage and equity REITs, private-equity and pension fund sponsored portfolio investments, real estate owner/operators, real estate private equity funds and debt funds.

We partner with our clients to optimize resources and deliver maximum value to their organizations by providing the following services:

Fund Administration and Accounting & Financial Reporting Services

New fund launch assistance, including review of the offering memorandum and related documents and modeling of complex promote/incentive structures
Entity accounting and SEC reporting including drafting of 10-Ks and 10-Qs and related financial statements for publicly traded and private mortgage and equity REITs
Fund and portfolio accounting
SPV and entity level accounting and consolidations
Administration of US blocker entities for foreign investors
Maintain partner capital accounts and waterfall computation of profits and losses, including carried interest/promote
Preparation of capital call and distribution notices
Investor reporting and communication
Performance measurement
Treasury and cash management
Oversight of joint venture partners
Compliance support (AML, FYC, FACTA, FDPA)
Annual audit and quarterly review support and coordination with tax specialists
Property and fund level data management
Interim CFO and controllership services
Development and documentation of internal control policies and procedures

SEC, US GAAP and IFRS Technical Advisory

Assist in determining, supporting and documenting accounting positions for the accounting treatment of complex issues for real estate and real estate finance transactions and evaluation of US GAAP/IFRS and SEC reporting
Assess and document the impact of new accounting standards on accounting policy and business processes
IPO readiness, SEC disclosure support and preparation of financial statements, 3-14s and proformas for registration statements on Form S-11 dilution
Non-GAAP financial measures and supporting analyses
Assist registrants to interpret Regulation S-X and SEC Staff positions with respect to GAAP/IFRS accounting and transaction structuring for financial reporting
Highlight accounting and financial statement issues for resolution before filing a “live” document
Assist registrants in understanding and responding to SEC Staff comments, in conjunction with SEC counsel

Staff Augmentation

Tax Compliance and Advisory