• Call :  (212) 709 8120         Email: [email protected]      Address: 30 Wall Street 8th Floor New York, NY 10005

Real Estate Finance and Accounting Services

Complete Back Office Accounting Solution. This includes CFO services, budgeting and forecasting, CAM reconciliation, Tax Returns/K-1s preparation and federal, state and local tax filings, bill payments, perform all daily accounting, reconcile all bank and mortgage accounts monthly and prepare and distribute monthly, quarterly and annual reports.

  • Perform daily bill payments
  • Respond to tenant calls/emails and misc. issues
  • Enter rent receipts from ACHs into Gen2
  • Enter payables from scanned invoices/upload copy to Genesis 2
  • Enter principal/interest mortgage payments, reconcile 1098s
  • Record Property Tax/Insurance payments from impound accounts
  • Print checks and mail payments to vendors
  • Prepare Delinquency reports
  • Contact Delinquent Tenants
  • Post Late fees
  • Monitor and reconcile bank account statements
  • Monitor COI and request updates from tenants
  • Monitor COI for Vendors
  • Monitor and Manage Sales Report data
  • Send monthly tenant statements
  • Process monthly management fees
  • Prepare Annual Property Budgets
  • Input Approved budgets into Genesis 2
  • Prepare revised estimates for upcoming year
  • Prepare/email notices to tenants of revised estimates and update lease charges
  • Prepare monthly report packets for review
  • Review monthly report packets
  • Prepare final monthly report and close packets
  • Calculate monthly owner distributions
  • Send monthly report packets to owners
  • Prepare Quarterly Financial Reports needed for Bank loan terms
  • Year end review of tenant estimate charges
  • Distribute monthly, quarterly and Annual financial statements
  • CAM reconciliations

Leases

  • Set up and update for new and tenants
  • Update existing tenants lease amendments

Taxes:

  • Prepare tax returns and K-1s.

Monitor Lease Expiration Report, notify Colin/owners

  • Lease abstracts review
  • Lease Administration