Real Estate & Development Accounting
CFO Business Growth Solutions helps owners and CFOs of real estate companies by providing scalable access to remote staff who are experts in real estate accounting and utilizing MRI® and Yardi® property management software.
Working under the real estate CFO’s direction, our teams can prepare month end closings, financial statements, operating expense recoveries, process tenant rent and payables, facilitate job costing, Argus® modeling, bank reconciliations and special projects.
Our remote staff seamlessly integrates with your existing staff to fill in any skillset gaps within your accounting department and deliver the informative monthly statements you need to make key business decisions.
Companies utilizing these services include
Private Multi-family REIT with over
20,000 units using Yardi and Payscan
An international energy services company with 58 lease locations in 39 countries and over $24 billion in revenue.
Public retail REIT with over 10,000 tenants 422 centers and 52 million square feet of rentable space
Those needing high quality lease abstracts-Over 800,000 abstracts prepared
National big box retailer with 1,844 locations and over $23 billion in revenue
Family-owned real estate, developers, co-op and condo associations
Monthly Accounting Services
- Timely & Professional Reporting
- Eliminate P/T Labor Dependency
- Reduce Impact of Staff Turnover
- Lower Bookkeeping Costs
- Scalable and Customizable Services
- Invoice Coding / Approval Workflow
- Invoice Processing
- Vendor Set Up
- Payment Processing
- Invoice Preparation
- Receipt Posting
- Bank Recon.
- Late Fee / Delinquency Posting
- Monthly Processing
- Month End Closing
- Financial Report Package Preparation
- Property,portfolio and fund accounting
- Variance reporting
- Waterfall / Promote reporting
- Joint Venture reporting
- Year End Audit Assistance
- Budgeting and Forecast Assistance
- 1099 / 1098 Processing
Lease Admin & Expense Recovery Service
- Recovery Setup
- CAM Variance Analysis & Reconciliation
- Leasing Commission Calculation
- CPI Manual Calculation
- Percentage Rent Calculation
- Due Diligence Abstraction
- Argus / IRR Modeling
- Revenue / Recovery Validation
- Lease Abstraction
- Data Migration
- Data Clean-up
- Property Set up
- Ongoing Abstraction
- Move in / out Management
- Executive Reporting
ERP & Hosting Service
We help you organize the entire selection process, schedule application demos and recommend applications that will serve your current and future needs.
We handle all the aspects of implementing your new ERP system or upgrading your existing system from end to end.
We offer a SSAE16 compliant backbone to support the highest levels of server security while offering global accessibility to data.
A 24/7 help desk is available and we offer a Yardi training platform that gets your team ready for your go live date or teach your existing staff advanced functions. We can also assess, design, install and manage all your property-based networking needs.
Job Cost, Schedule & Financial Service
- Set up user-defined jobs, phases and cost codes
- Track contracts, subcontracts, CO, PO’s invoices & retainage
- Project scheduling, turnaround assistance & avoid/manage risk
- Budgeting & forecasting
- Short-term cash flow forecasting
- Special accounting projects
- Lease abstracts
- Buy & sell side Excel® & Argus ® modeling
- Waterfall modeling
- Operating statement variance analysis
- Loan quoting, sizing and underwriting
- Cash flow modeling, stress testing LTV & DSCR
- Asset Summary Reporting
How can we help you?
To discuss how we can help your business
achieve its potential, please