Outsourcing your back office to our team involves freeing yourself of accounts payable, accounts receivable, payroll, creating financial reports, monthly cash forecasting, management of escrow accounts, payment of utilities (cooking gas, heating gas, steam, electric, common area cable), management of administrative tasks related to the super’s unit, administrative tasks related to rental of space for laundry and vending machines, yearly budgeting and board approval of budgets, property tax escrows and payments, property taxes of super’s unit, capital expense spending, keeping track of revolving lines of credit, etc.
Our experience with doing financials for dozens of Manhattan luxury condominiums, co-ops, and cond-ops gives us the competitive edge to not only get the job done, but provide solutions and ideas that bring value to the table. Solutions and ideas that only come about through years of experience in the industry.
Commercial Real Estate Accounting
We will help you with ROI reports, capex summaries, P&L, occupancy reports, computations of common area maintenance expenses and allocation, and dozens of other industry and client specific reports. Our experience is primarily in class A and B retail, warehouse, and office space and have worked on clients owning and administering over 10 million square feet of real estate. We have also been engaged in the past to provide ongoing accounting services to multi-state land investments, venture capital investments, and public-private partnerships.
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