OUM has deep roots in the real estate industry. For decades, privately held businesses in the real estate industry have turned to us for the resources and expertise that help them grow. Our real estate group provides a wide range of services such as strategic planning, acquisition evaluations, tax structuring and compliance, and financing options. We work with commercial and residential developers and property managers, as well as others in the real estate industry. Services our firm offers include:

• Financial statement audits and reviews
• Internal control evaluations
• Financial due diligence for real estate transactions and business combinations
• Preparation of cash flow and operating budgets
• Construction cost audits for projects under development
• Lease audits and CAM reviews
• Income tax planning and compliance for partnerships and other pass-through entities
• Tax planning for real estate transactions, including IRC Section 1031 exchanges
• Income tax provisions and analysis of uncertain tax positions
• Cost segregation studies to increase tax depreciation by identifying assets with shorter recovery periods
• IT consulting
• Business continuity (succession) plans
• Business process outsourcing