Computer Office Work

REAL ESTATE

FUND ADMINISTRATION

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

ACCOUNTING & REPORTING

  • 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

  • AUDITS

    • Draft financial statements with footnotes

    • Audit coordination

  • INCOME TAX COORDINATION

  • 1099 | 1096 PREPARATION

TREASURY ADMINISTRATION

  • CASH

    • Daily cash balance tracking

    • Reconciliations

      • Cash

      • Loans

      • Escrows, reserves, hold-backs, & deposits

  • WIRE & ELECTRONIC PAYMENT COORDINATION

© 2020 Noble Street Advisors, LLC

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