Portfolio Accounting, Investor Accounting, Trust Accounting and Fund Accounting related services for Real Estate Investments and Financial Assets
OHI provides fund accounting and portfolio accounting services through our team of experienced real estate portfolio accountants. OHI team members are well versed with US GAAP norms including real estate accounting rules including Real Estate Information Standards (REIS) as per NCREIF. OHI has deep knowledge of not only portfolio level accounting processes but also site level accounting activities in real estate sector acquired over last fifteen years. Our portfolio accountants have high expertise in Excel, Yardi (Genesis and Voyager), AppFolio, OneSite, MRI, Spectra, Timberline and QuickBooks. Our services are used by 100+ commercial and residential real estate companies in California, New York, Texas, Florida, Colorado, Kansas and Washington among others.
40-50% cost savings compared to in-house hired staff
Staff with 6+ years of relevant real estate experience
100+ commercial and residential real estate clients in USA
Our Credentials
100+
Commercial & Residential Real Estate Clients
10 Million Sq. Foot
Served 150,000 Units and 10 Million Sq. Foot Across Clients
250+
Team Including CPAs, MBAs and Graduates
6+
Staff with 6+ Years of relevant real estate experience
Clients Across USA
California | New York | Texas | Florida | Georgia | Ohio | Colorado | Kansas | Pennsylvania | Oregon | Washington And More
Key Real Estate Sectors
Homeowner Associations (HOA), Affordable Housing, Single Family Housing, Multifamily Apartments, Tax Credit & HUD Properties, Commercial, Student Housing, Retail, Industrial
We Serve Five of the Top 50 Real Estate Managers in USA
Our Services
Property/Asset Level Activities
- Analyze property operating statements, general ledger, rent roll for performance tracking, income and expense variances against budget, capital improvements and accuracy
- Calculate cash flow distributions from assets and reconcile with asset distribution pay-outs
- Ensure property management and advisory fees are calculated in accordance with respective agreements
- Review property level budgets and cash-flow projections
Portfolio Level Activities/Trust Accounting
- Perform complete trust accounting related activities on monthly, quarterly and yearly basis including reconciliations, general ledger maintenance and reporting
- Maintain portfolio general ledgers and related accounting schedules in accordance with US GAAP, historical cost and fair value accounting
- Reconcile funding transactions and cash distributions including portfolio bank reconciliations
- Prepare financial statements, supporting schedules, and related footnotes for investor reports or fund performance reports
- Compute and track performance returns and IRRs of the portfolio at the asset level and consolidated level in accordance with industry standards
- Generate monthly and quarterly NCREIF reports
- Prepare valuations – run from start to finish, showing information on cap sheet and present information to the management team
- Prepare year-end account analyses, trial balances and audit schedules and assist in the efficient and timely completions of portfolio PBC audits by external accountants
- Complete special projects including leasehold analysis and any custom analysis to assist in portfolio management, acquisitions and divestments
- Help prepare schedules in compliance with IM agreement(s), JV agreement(s), and PM checklist(s)
Interested In Knowing More
Watch it in Action
Software Expertise
Pricing
Our indicative standard charges for Portfolio Accounting, Investor Accounting, Trust Accounting and Fund Accounting related services are listed below. Custom packages of 25, 50 and 80 hours per month are available.
Staff Profile
Portfolio Accountant
A Portfolio Accountant is proficient in general ledger accounting and reporting in MRI, Yardi and Timberline. They have work experience of 3-5 years in US accounting and are well versed with US GAAP norms including real estate accounting rules.
Our Blog
6 Financial Reports (Real Estate Reports) Your Property Manager Should Provide
Financial Reports /Real Estate Reports are also known as Financial Statements and can be defined as the formal record of the financial activities of a business entity or a firm. Financial statements are also the records of an individual involved […]
- February 13, 2018
- admin@ohi
8 Must-Have Numbers for Evaluating a Real Estate Investment
Against what most math-allergic people might prefer, real estate investment requires a level of math. Thankfully, most of the calculations involved in a typical real estate investment are simple. Moreover, there are also a wide number of advanced tools available […]
- February 12, 2020
- admin@ohi
Best Accounting Practices For Real Estate Investors
Investing is called the game of numbers and luck. With luck being out of one’s hand, knowing one’s numbers becomes the only possible factor that separates the good from the great. The numbers of any business lie in its balance […]
- February 27, 2022
- admin@ohi
Choosing the Right Type of Dashboard for Your Business
Every real-estate project has a multitude of aspects and it can all get out of your hands quickly. For example, a real estate company can deploy a dashboard to display the daily progress of all of its under-construction projects. Any […]
- January 29, 2018
- admin@ohi
