Investment Administration & Reporting

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

How We Help

We offer a complete suite of services that includes fully outsourced fund administration, accounting and financial reporting services and on-call technical accounting advisory services focused on SEC, US GAAP, income tax basis and IFRS reporting matters. Our clients include publicly traded and private mortgage and equity REITs, real estate private-equity funds and debt funds, private equity and pension fund sponsored portfolio investments and real estate owners and operators.

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

• Private and public investment entity and fund launch assistance, including review of offering memoranda and related documents, preparation of SEC filings for IPOs and modeling of complex carried interest/promote structures
• Preparation of financial statements for public and private real estate companies, including drafting 10-Ks and 10-Qs
• Entity level accounting and consolidations
• Fund and portfolio accounting
• Property & development accounting
• Administration of US blocker entities and special purpose vehicles
• Maintenance of partner capital accounts and waterfall computations of profits and losses, including carried interest/promote calculations
• Preparation of capital call and distribution notices
• Investor reporting and communications
• Performance measurement
• Treasury and cash management
• Compliance support (AML, KYC, FATCA, FCPA)
• Annual audit and quarterly review support and coordination with tax function
• Property and fund-level data management and analytics
• Interim CFO, controllership and staff augmentation services
• Oversight of joint venture partners
• Design and documentation of internal control policies and procedures
• Employee compensation and co-invest services
• Wind-downs and liquidations

SEC, U.S. GAAP and IFRS Technical Advisory

• Assistance in determining, supporting and documenting accounting positions for the US GAAP, IFRS accounting and SEC reporting treatment of complex real estate and real estate finance transactions
• Assessment of 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 pro forma financial statements for inclusion in registration statements on Form S-11
• Non-GAAP financial measures and supporting analyses
• Assistance to registrants in interpreting Regulation S-X and SEC staff positions with respect to GAAP/IFRS accounting and transaction structuring for financial reporting
• Highlighting accounting and financial statement issues for resolution before filing a “live” document
• Assistance to registrants in understanding and responding to SEC staff comments, in conjunction with SEC counsel

Staff Augmentation

Tax Compliance and Advisory Services