
REAL ESTATE
FUND ADMINISTRATION
Accurate, clear, and transparent investor
reporting and communications
FUND KICKOFF
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REVIEW
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Documents and agreements
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CLARIFY
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Legal structure
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Organizational structure
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Points of contact
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Controls and delegation of authority
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AP approval policies
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Equity funding process
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ACCOUNTING SYSTEM SETUP
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Accounting entities
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AP approval workflow
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Investors
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INVESTOR RELATIONS SUPPORT
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KYC/AML BACKGROUND CHECKS
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INVESTOR PORTAL MANAGEMENT
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INVESTOR INQUIRY RESPONSES
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DISTRIBUTE AND/OR UPLOAD INVESTOR REPORTING
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Contribution and distribution activity
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Monthly/quarterly/annual financial reports
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K-1s or 1099s
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CAPITAL CALLS & DISTRIBUTIONS
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LENDER DRAW REQUESTS
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Preparation
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Submission
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Coordination
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INVESTOR FUNDING REQUESTS
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Calculation funding by Investor
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Preparation
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Dissemination
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DISTRIBUTIONS
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Waterfall calculation
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Coordinate approval & payment
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ACCOUNTING & REPORTING
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RECORDS MAINTENANCE
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Institutional quality
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Audit ready
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GAAP or tax basis
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INVESTOR ACCOUNT MAINTENANCE
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Separate tracking for each investor of:
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Contributions
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Distributions
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Preferred return
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Income allocations
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ACQUISITION ACCOUNTING
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Record closing statement
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Coordinate purchase price allocation, cost segregation, or other valuation requirements
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PROPERTY LEVEL ACCOUNTING
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Comprehensive property level accounting, including:
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Lease abstracts
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AR and billing
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Tenant ledgers
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Deposit tracking
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Rent rolls
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AP Processing
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Coding
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Approval
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Payment issuance
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Sales/Cost of Sales
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Purchaser deposit tracking
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Record sales closing statement
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Calculate and record cost of sales
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Fees
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Calculation
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Payment/billing coordination
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Income Allocation
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Waterfall design and calculation
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REPORTING
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For lenders, & investors
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Complex, multi-tier consolidations
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Standard reporting
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Balance sheet
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Income statement
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Statement of equity
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Statement of cash flows
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Financial covenant compliance analysis
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COMPLIANCE
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AUDITS
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Draft financial statements with footnotes
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Audit coordination
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INCOME TAX COORDINATION
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1099 | 1096 PREPARATION
TREASURY ADMINISTRATION
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CASH
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Daily cash balance tracking
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Reconciliations
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Cash
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Loans
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Escrows, reserves, hold-backs, & deposits
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WIRE & ELECTRONIC PAYMENT COORDINATION