Commercial Real Estate (CRE) Owners | Medical Office Buildings | Real Estate Developers | Real Estate Investment Trusts (REITs) | Real Estate Syndicators | Real Estate Funds | Real Estate Brokers and Advisors | Property Managers | Hotels
Fluctuating market prices, evolving regulations and a dizzying array of financing options present both challenges and opportunities to companies and investors in the real estate industry. Whether real estate is at a peak or in a trough, effective solutions require the services of a firm with seasoned professionals who have extensive knowledge and experience in real estate accounting and auditing, tax strategies and advisory services.
Weaver’s knowledge and experience spans many segments of the real estate industry including:
Real Estate Services
We understand what drives real estate markets. We’ve served the industry for more than 70 years, and as our clients' holdings have grown and evolved, so has our practice. Today, we assist real estate clients across the country with the same unwavering objective: deploy our resources to drive your strategic goals.
Weaver’s hands-on, relationship driven approach delivers impact and value beyond the numbers. We support the real estate community as standards change, guidance emerges, your priorities shift, and technology and society evolve. Our services include:
- Audit, review, compilation and agreed-upon procedures
- Accounting advisory services
- Tax planning strategies including state tax compliance
- Leasehold valuation
- Fair value reporting
- Fairness opinions
- Due diligence
- Purchase price allocation
- Property and leasehold valuation
- Employee benefit plan audits
- SOC reporting
- Property tax services
- Opportunity Zone planning
- Forensics and litigation services
- International tax services
- Section 1031 exchange assessment
- Lease audits
- Cybersecurity
- Outsourced CFO/Controller services
Commercial Real Estate (CRE) Owners
Owners and investors of traditional real estate classes, such as office, retail, industrial and multifamily, have had different challenges over the past few years. While industrial and multifamily have seen significant growth, office and retail have struggled. Commercial real estate (CRE) owners must think about rent growth, tenant mix, interest rates, financing availability, buy-sell decisions, obtaining capital, and their labor force.
Connect with our CRE services team to talk through your financial and tax planning needs along with the operational, risk and IT advisory best practices for your business.Medical Office Buildings
Medical office buildings (MOB) continue to be a growing niche in commercial real estate. Doctors, medical professionals and investors have stakes in medical office properties. MOB owners face pressures from tenants, many of whom are individual doctors who may not have experience in leasing real estate.
Owner-occupiers have different risks and concerns than owner-investors. They also have different tax strategies and implications. Contact us to discuss the tax, audit, accounting, valuation, and other operational considerations for MOBs.
Real Estate Developers
Real estate developers run the gamut from land development to homebuilding to commercial development. Development is risky enough from an operating and execution standpoint. Additionally, there are many accounting and tax pitfalls that developers can encounter based on their structure and operations. Preleasing, financing, construction and completion at the right time are just a few of the challenges facing real estate developers.
Specific needs for real estate developers include project feasibility, tax planning and compliance, contractor selection and construction management. In addition, real estate developers often approach Weaver for assistance with construction audits. Our real estate team is available to discuss ways to support your business.
Real Estate Investment Trusts (REITs)
Real Estate Investment Trusts, or REITs, have been around since the 1960s, and have been changing ever since. Whether public or private, part of a larger structure or stand alone, there are still many similarities and rules that all REITs must follow.
Tax benefits and restrictions make taxation issues top of mind for REIT managers. Whether the structure of the company is straightforward or complex, risks related to tax positions can be significant. Dividend requirements typically create the need for REITs to regularly raise capital, especially if they want to grow through acquisitions. The risk of busting REIT status is too great to leave to chance or to someone who isn’t an expert, and Weaver’s real estate team includes professionals with in-house experience with REITs.
Real Estate Syndicators
Real estate syndicators must know about making good real estate decisions. They also must know about making good fundraising and investor relations decisions. Some of these include the appropriate amount of leverage, partnership terms and tax strategies.
Syndicators often market deals to individuals or families with specific tax concerns, creating challenges as well as opportunities in structuring the partnerships. The ability to quickly raise both debt and equity capital is important for real estate syndicators to close deals and purchase within tight time frames. We assist syndicators with these issues as well as lease audits and fair value reporting.
Real Estate Funds
In the current climate, real estate funds are exploring opportunities for attractive investments, which takes a strong network and pipeline of potential deals. Funds need to have enough dry powder to close deals as they arise. Many fund investors are institutional and have complex financial reporting, structuring and tax needs, requiring a provider with significant fund experience. Weaver works with more than 2,300 funds, supporting both closed-end and open-end real estate funds, especially in the areas of audit, tax and valuation.
Real Estate Brokers and Advisors
Real estate brokers and advisors provide counsel and guidance to their clients. In addition to tax and operational matters, real estate brokers and advisors have to help themselves and their clients with business and real estate matters. Who do they go to for counsel and guidance? Weaver’s real estate team is pleased to be a resource on these matters. We are also available to consult with you on any personal tax planning needs.
Property Managers
The best property managers take care of their tenants while at the same time taking care of the property owners. A challenge can be creating a safe working environment for tenants while managing the profitability of management contracts. Scale and speed are important to property managers in order to get strong results. Systems and processes are key to making the business run smoothly.
Weaver’s real estate team ensures that you have the resources and information to effectively reduce costs, identify potential tax benefits, handle rent collections and manage the books.
Hotels
Hotels are dependent on the economy and people’s willingness to travel. Having the right amount of flexibility to scale up and down on short notice is paramount. Hotels are also the most staff-focused property type, resulting in payroll tax and other issues that other areas of the real estate industry may not face.
Operational efficiency, working with lenders and other capital providers, staffing, and supply chain issues are just a few of today’s challenges for the hotel industry. With challenges come opportunities for realizing tax benefits related to bonus depreciation, accounting methods and interest expense limitations.

Howard Altshuler
Partner-in-Charge, Real Estate and Construction Services
Howard Altshuler, CPA, brings more than 30 years of experience in audit and assurance, including more than two…

Aaron Grisz
Partner, Tax Services
Aaron Grisz, CPA, has more than 10 years of public accounting experience providing proactive tax consulting and planning services…

Rick Edwards
Managing Director, Real Estate Valuation Services
As a managing director in Weaver’s real estate practice, Richard (Rick) Edwards leads the firm’s valuations of a wide range of…

Sam Wren
Partner, Tax Services
Sam Wren, CPA, has more than 25 years of experience in tax planning and compliance for partnerships, corporations and individuals…

David Nolan
Partner, Tax Services
David Nolan, CPA, has ten years of experience in public accounting. His core focus has been on corporate…