Real Estate Due Diligence

The Schonbraun McCann Group's (SMG), an FTI Company, Real Estate Due Diligence Group provides the highest level of expertise to public and private real estate companies including REITs, investment and commercial banks, opportunity funds, hedge funds, private equity firms, pension funds, and insurance companies.

We offer underwriting and general due diligence services to equity owners and origination and securitization groups.

SMG is dedicated to and built around our clients' needs, adding value by filling voids within their business models.

We have a proven track record of advising in many of the nation's industry-leading real estate deals and our clients include many of the most prominent names in real estate and finance.

The Services:

  • Property level due diligence and agreed-upon procedures
  • Transaction structuring
  • Expense reimbursement and operating escalation analyses (common areamaintenance, real estate taxes,
  • CPI escalations, porters wage, utility and HVAC recoveries)
  • Historical operating statement analysis
  • Cash flow modeling (Microsoft Excel, DYNA, Argus)
  • JV and promote cash flow modeling
  • IRR and return analysis
  • Development deal pro formas
  • Corporate level M&Adue diligence (including complete analyses of overhead and payroll costs)
  • REIT-to-REITand public-to-private financial modeling (merged pro forma)
  • REIT compliance testing
  • Closing statement preparation and/or review
  • Property valuation
  • Asset management
  • Market and feasibility studies
  • Lease Abstracting

The Schonbraun McCann Consulting Group LLC and the Cornerstone Accounting Group LLP are separate entities.  The two firms work together to serve their clients’ business needs.  The Schonbraun McCann Consulting Group LLC and its wholly-owned subsidiaries are not licensed CPA firms.  The Cornerstone Accounting Group LLP is a licensed CPA firm that performs attest services.

The Schonbraun McCann Consulting Group LLC and the Cornerstone Accounting Group LLP are separate entities.  The two firms work together to serve their clients’ business needs.  The Schonbraun McCann Consulting Group LLC and its wholly-owned subsidiaries are not licensed CPA firms.  The Cornerstone Accounting Group LLP is a licensed CPA firm that performs attest services.

New York 212.840.7383 New Jersey 973.364.0400 www.smgllp.com