FUND ADMINISTRATION

REAL ESTATE

Accurate, clear, and transparent investor

reporting and communications

FUND KICKOFF

REVIEW
- Documents and agreements
CLARIFY
- Legal structure
- Organizational structure
- Points of contact
- Controls and delegation of authority
- AP approval policies
- Equity funding process
ACCOUNTING SYSTEM SETUP
- Accounting entities
- AP approval workflow
- Investors

INVESTOR RELATIONS SUPPORT

KYC/AML BACKGROUND CHECKS
INVESTOR PORTAL MANAGEMENT
INVESTOR INQUIRY RESPONSES
DISTRIBUTE AND/OR UPLOAD INVESTOR REPORTING
- Contribution and distribution activity
- Monthly/quarterly/annual financial reports
- K-1s or 1099s

CAPITAL CALLS & DISTRIBUTIONS

LENDER DRAW REQUESTS
- Preparation
- Submission
- Coordination
INVESTOR FUNDING REQUESTS
- Calculation funding by Investor
- Preparation
- Dissemination
DISTRIBUTIONS
- Waterfall calculation
- Coordinate approval & payment

TREASURY ADMINISTRATION

RECORDS MAINTENANCE
- Institutional quality
- Audit ready
- GAAP or tax basis
INVESTOR ACCOUNT MAINTENANCE
- Separate tracking for each investor of:
  - Contributions
  - Distributions
  - Preferred return
  - Income allocations
ACQUISITION ACCOUNTING
- Record closing statement
- Coordinate purchase price allocation, cost segregation, or other valuation requirements
PROPERTY LEVEL ACCOUNTING
- Comprehensive property level accounting, including:
  - Lease abstracts
  - AR and billing
  - Tenant ledgers
  - Deposit tracking
  - Rent rolls
- AP Processing
  - Coding
  - Approval
  - Payment issuance
- Sales/Cost of Sales
  - Purchaser deposit tracking
  - Record sales closing statement
  - Calculate and record cost of sales
- Fees
  - Calculation
  - Payment/billing coordination
- Income Allocation
  - Waterfall design and calculation
REPORTING
- For lenders, & investors
- Complex, multi-tier consolidations
- Standard reporting
  - Balance sheet
  - Income statement
  - Statement of equity
  - Statement of cash flows
  - Financial covenant compliance analysis

COMPLIANCE