Real Estate Fund Administration
Empowering growth with a global, end-to-end solution
Overseeing the operations of a real estate fund adds another layer of complexity to an already challenging asset class. As an asset manager, you face multijurisdiction deals, illiquid assets, and market fluctuations. Our globally integrated Private Equity Real Estate (PERE) services offer a multijurisdiction, single source solution.
CSC's team of industry experts delivers a broad range of real estate services. The benefits to clients include streamlined workflows, enhanced reporting, less time spent managing providers, and reduced risk.
Real Estate Fund services
With our best-in-class real estate technology platform, we help you automate your accounting and reporting processes, giving you everything you need to stay ahead of the curve and unleash your potential.
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Implementation and integration of systems, processes, and general ledger setup
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Assistance with cash and custodian account opening with banks
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Preparation of reporting templates and timelines
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Administration and accounting for fund entities including REIT, JV, Co-investment, PropCo, and HoldCo
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Maintain books and records in accordance with local GAAP or IFRS
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Reconciliation of the general ledger accounts
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Preparation and maintenance of the annual expense budget
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Preparation and maintenance of depreciation schedules
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NAV calculation as mandated by the offering document or service level agreement
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Customizable performance reporting
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Capital call and distribution calculations
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Computation of management fees and carried interest
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Support multiple waterfall models
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Reporting at property, SPV, and fund levels
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Preparation of annual financial statements with supporting work papers
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Capital account schedules
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Prepare and distribute investor capital activity notices including commitments, capital calls, and distributions
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Generation and distribution of partner capital account statements
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Monitoring and payment of investor cash movements
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Distribution of quarterly and annual audited financial statements
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Maintain limited partner database with contact and wire information
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Providing investor tax reporting including FATCA and CRS
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Liaison with auditor with regards to supporting documents and audit timelines
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Preparation of draft notes to financial statements
Awards
Best Capital Drawdowns & Distributions 2023
Global Custodian
Best Shadow Accounting 2023
WithIntelligence
2024 SPV Administrator of the Year
GlobalCapital
Best Capital Drawdowns & Distributions 2022
Global Custodian
