Optimize financial strategies with Scrubbed’s accounting for real estate companies. Navigate complexities, ensure compliance, and drive success.
Optimize financial strategies with Scrubbed’s accounting for real estate companies. Navigate complexities, ensure compliance, and drive success.
Accounting for real estate companies is complex. You’re managing lease accounting standards, multiple valuation methods, depreciation and capitalization costs, and tax compliance—at the same time as trying to grow your portfolio.
At Scrubbed, we understand these challenges. Our outsourced accounting solutions are designed to help you make informed investment decisions, raise capital, and manage property assets effectively.
With Scrubbed, you get up-to-date financial, tax, and forecasting data to support your goals. Our real estate accounting experts are here to help you make strategic investment decisions, manage existing properties more effectively, and develop exit strategies to meet your goals.
Accounting for real estate companies is complex. You’re managing lease accounting standards, multiple valuation methods, depreciation and capitalization costs, and tax compliance—at the same time as trying to grow your portfolio.
At Scrubbed, we understand these challenges. Our outsourced accounting solutions are designed to help you make informed investment decisions, raise capital, and manage property assets effectively.
With Scrubbed, you get up-to-date financial, tax, and forecasting data to support your goals. Our real estate accounting experts are here to help you make strategic investment decisions, manage existing properties more effectively, and develop exit strategies to meet your goals.
Outsourcing gives you access to specialized accounting and finance services when needed. Whether you need help with one investment or full-service accounting across your whole portfolio, our services scale to meet your needs.
Outsourcing gives you access to specialized accounting and finance services when needed. Whether you need help with one investment or full-service accounting across your whole portfolio, our services scale to meet your needs.
Annual budget support and preparation of budget variance analysis report.
Fund accounting support (capital call and distribution calculation and notices preparation, waterfall/promote calculations, PCAP preparation).
Preparation of financial reports to investors, lenders, and management, including consolidation.
Intercompany transactions tracking and reconciliation.
Common/corporate expenses tracking and allocation
Analyze financial instruments and assess expected credit loss model in accordance with ASC 326/IFRS 9
Analyze lease contracts analysis in accordance with ASC 842/IFRS 16
Assist in adoption of other complex emerging standards
Conduct an audit readiness program – planning, execution, and completion
Facilitate Financial Statement conversions between accounting frameworks (e.g. Local GAAP to US GAAP, IFRS to US GAAP, and vice versa)
Conduct an IPO readiness program
Account and report impact of significant unusual transactions
Support in transaction structure, including contract consultancy (acquisitions and readiness)
Assess ESG preparedness in terms of dealing with GHG emissions, value chain and other stakeholder concerns.
Account and report ESG-related assets and transactions.
Establish ESG policies and procedures in compliance with sustainability standards.
With Scrubbed, you can outsource services as your needs change or grow. Our team also includes corporate finance, tax, technical accounting, and cybersecurity experts.
Finding and keeping a team of experienced accountants can be challenging. Scrubbed ensures continuity, so turnover won’t impact your business.
We provide expert support and the latest accounting and finance technology tailored to the real estate industry.
We know that investor information can be sensitive. We are SOC2 certified and committed to protecting your data.
Let’s talk about your real estate business and how Scrubbed can help improve the accuracy of your financial reporting, property management, and investment decisions.
Let’s talk about your real estate business and how Scrubbed can help improve the accuracy of your financial reporting, property management, and investment decisions.
Scrubbed provides top-tier accounting for real estate companies. We focus on key areas like ESG, capitalization and depreciation, transaction support, and cost segregation. By partnering with us, you gain a team that understands your industry and provides the insights you need to stay compliant and make informed decisions.
Maximize the Value of Your Real Estate Investments
Scrubbed provides top-tier accounting for real estate companies. We focus on key areas like ESG, capitalization and depreciation, transaction support, and cost segregation. By partnering with us, you gain a team that understands your industry and provides the insights you need to stay compliant and make informed decisions.
Want to learn more about our services or meet more of the Scrubbed Team?
Want to learn more about our services or meet more of the Scrubbed Team?
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With more than 7 years of experience in the accounting profession, Michael John David has developed expertise in end-to-end property, fund, and corporate accounting of real estate clients, as well as audit and tax support services. Before assuming his current role as Director at Scrubbed, he served as an Audit Associate at P&A Grant Thornton. Michael graduated Summa Cum Laude with a Bachelor of Science in Accountancy from Holy Angel University, where he was also a board exam topnotcher in the 2015 CPA examination. Michael is also a licensed Certified Forensic Accountant (CrFA) and recently completed a Program Diploma in Business Management and Mini-MBA Diploma from the International Business Management Institute in Berlin, Germany. When not working, Michael enjoys exploring different neighborhoods and finding cozy cafes to relax in. He also stays active by engaging in activities such as badminton, volleyball, jogging, and connecting with nature.
Want to learn more? Let’s discuss how our accounting services for real estate companies can simplify your financial management so that you can focus on maximizing ROI
Want to learn more? Let’s discuss how we can help by managing your day-to-day accounting needs or taking on a larger financial management role, so you can continue to focus on maximizing ROI from your real estate interests.
