| MB
Real Estate’s accounting division offers a full array of accounting
services on a timely and responsive basis. Experienced CPAs with
the highest ethical standards, the department uses state-of-the-art,
fully-integrated software and reporting systems to provide accurate,
dependable reports that meet the unique needs of each owner and/or
lender.
To
ensure the precision of financial information and the safeguarding
of assets, MB Real Estate has developed strict internal controls
that assure the highest quality financial reporting available.
Key Services Provided:
- Accounts receivable services and analysis
- Monthly bank reconciliation
- Accounts payable on check disbursements
- GAAP basis monthly operating statements, customized to owner specifications
- Extensive monthly reporting
- Consolidated reporting
- Financial modeling (ARGUS)
- Credit review on prospective tenants
- Capital expense analysis
- Tenant escalation analysis
- Budget review and approval
- Operating expense and real estate tax settlements/refunds
- Tax reporting requirements:1099’s, sales tax, utility tax
- Tracking and safekeeping of letters of credit
- Cost segregation studies
- Due diligence
- Pro-ration schedule (during acquisition and dispositions)
- Partnership distributions
- Audit compliance
- Negotiation and arbitration on lease terminations and tenant audits
For
more information on MB Real Estate’s Accounting Services,
please contact Maureen Grove, Vice President & Managing Director of Finance & Treasury.
Maureen Grove
phone: 312.558.3871
e-mail: MGrove@mbres.com |
