Back Office Resources for Real Estate Private Equity
Whether your fund is growing rapidly, sustaining or winding down, BPM’s Business and Outsourcing Services team specializes in supporting real estate private equity firms through their entire lifecycle.
As the economy evolves, it is vital to rely on a dependable, flexible and trained team to support your finance function. We serve as a reliable foundation that will easily support your current team with the right ratio of managers, seniors, accountants and bookkeepers. Our team is familiar with the private equity accounting practice across funds and joint ventures, and can easily scale up or down depending on growth and reporting timelines.
We easily adjust to your current reporting systems and are familiar with Yardi [Genesis, Breeze and Voyager], MRI Software, Sage Intacct, NetSuite, AppFolio and RealPage.
BPM’s back office team is a resource you can consistently count on in these areas, among others:
Property Level Close Process
Organize and process property financial packages provided by joint venture (JV) or property managers (PM)
Construction roll forward and cutoff; draw package processing or accrual adjustments
General ledger adjustment imports and chart of account reconciliation
Fund Level Monthly Close Process
Multi-entity structure rollup and general ledger entry; Intercompany reconciliations
Perform bank reconciliations
Update various roll-forward schedules
Book accruals and other tax or GAAP Requirements
Assist with capital account roll forward – waterfall and income allocation
Prepare subscription line compliance
Upload investor reports into Investor Portal
Prepare monthly reporting packages; Assembly of quarterly investor reports
Audit Preparation
Prepare fund financial statements and footnotes
Support audit readiness
Technical support
Interact with auditors
Today, you need reliable and knowledgeable team of accountants to augment your back office and increase efficiency. By partnering with our 60+ person team, you can depend on our Firm to have the right resources and the flexibility you need to succeed with ease.
Looking for a team who understands where you’re headed and how to help you get there? Whether you’re building something new, managing growth or preserving success, let’s talk.