Real Estate Industry

Investments & REITs

Real estate syndicates are experiencing a resurgence in the United States, as domestic and foreign investors once again view real estate as an attractive asset class with healthy returns.

Our Approach

Running a Smooth Operation

Keeping investors happy can consume a significant amount of time and energy, from tracking complex equity structures to ensuring timely distribution of K-1 tax reports to allocating profits. Armanino helps shoulder these operational burdens, freeing you up to look ahead to the next deal.

Real Estate Syndicate Audits

Armanino has deep expertise in accounting for complex debt and equity structures, as well as fair-value reporting and other unique aspects of accounting for real estate. Our audits and reviews provide institutional investors and lenders assurance that they can rely upon the fund’s financial statements to provide meaningful information.

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Real Estate Syndicate Taxes

Armanino draws on a team of more than 200 tax professionals to deliver timely and accurate tax reporting to investment funds of all sizes, navigating complicated issues such as debt-financed distributions and step-up in basis. For funds that seek foreign investments, our international tax team navigates the tax implications and can structure these investments to minimize complications.

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Real Estate Syndicate Consulting

Whether your fund provides the desired returns depends largely on how partnership and other operating agreements are constructed. We get to know all parties involved to better advise you on the ideal structure. Our consulting services range from recommendations on presentations, operating memorandum communications or even systems to track and manage investor returns across multiple capital raises and equity classes. We help you mitigate the risks inherent in real estate investing.

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Deep Insights
Investment Management

Armanino has partnered with AppFolio Investment Management to provide real estate investment software designed for general partners. With AppFolio Investment Management, fund and syndication managers benefit from a robust system to streamline communications and fundraising processes. AppFolio Investment Management also automates calculations for performance metrics and waterfall distributions. Additionally, the AppFolio Investor Portal provides investors with access to view investment dashboards and important documents, including K-1s.

Real Estate Experts
David Erard - Partner - Tax| Armanino
Partner
David has more than 20 years of experience in the accounting industry, including seven years at the Big Four.

Irvine, CA
Jason Gilbert - Partner, Audit - San Ramon CA | Armanino
Partner
Jason co-leads the Real Estate Investment Fund practice, he has specialized in the real estate investing sector.

San Ramon, CA
Resources
3 Strategic Questions to Consider About Your Real Estate Investments
Article
With ongoing uncertainty about real estate values, it may be time to consider strategic decisions about your property.

October 25, 2024
Overview of Sage Intacct Real Estate
Webinar
Get an inside look at Sage’s platform built for the real estate industry.

October 16, 2024 | 10:00 AM - 11:00 AM PT
Sage ERP Playbook for Construction Executives
White Paper
The right construction ERP can help reinvent your operations to enhance efficiency and profitability and drive growth.

October 10, 2024
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