Together we’ll create opportunities

From vetting opportunities to attracting capital to exiting the fund, our team can help emerging and experienced fund managers throughout the entire real estate investment lifecycle.

We’re committed to addressing what matters most to you:

• Accessing and raising capital
• Building and structuring real estate investment funds
• Complying with fund accounting, administration, and reporting requirements
• Taking advantage of tax reform benefits (e.g., Opportunity Zones)
• Understanding the current economic forces
• Making connections and developing relationships with a variety of professionals

Experience our client-focused approach

At CLA, we strive to bring a sense of trust and simplicity to fairly complicated business situations, and we work with all kinds of real estate investors. Our track record includes working with hedge funds, boutique fund managers, sovereign wealth funds, private equity funds, institutional funds, private and public pensions, and foundations. Ultimately, you have the opportunity to work with a team that has experience helping entrepreneurs like you.

Our professionals start by getting to know you on a personal level so we can understand your specific circumstances. Then we can gather the necessary resources to help you achieve your goals. We can connect you with the important relationships you need as your fund grows. In addition, you have access to market information as well as the tools you need to raise capital, fulfill compliance and reporting responsibilities, communicate with investors, and distribute proceeds. With us, you can find everything you need, all in one firm.

Services for real estate funds and investors

Audit, accounting, and assurance

• Audit, review, and compilation of financial statements
• Asset-based accounting
• Compliance with National Council of Real Estate Investment Fiduciaries (NCREIF) standards and Investment Company (i.e., fair value) reporting requirements
• Employee benefit plans

Consulting

• Due diligence
• Fund administration and consulting, including waterfall compliance and calculations
• Fund design and structuring (domestic and foreign capital)
• Unrelated business income tax (UBIT) planning
• Opportunity Zone fund formation, tax planning, and investing

Tax

• Business tax planning and compliance
• Federal tax strategies, credits, and incentives (Opportunity Zones, low-income housing, R&D, New Markets Tax Credit, Historic Rehabilitation Tax Credit)
• Partnerships and REITs
• Section 1031 like-kind exchanges and Delaware Statutory Trusts (DSTs)
• State and local tax

Wealth advisory

• Acquisition and disposition of real estate
• Capital markets (private placement agent)
• Family office
• Private real estate investment fund consulting