Real Estate
ABOUT THE COMMERCIAL AND RESIDENTIAL REAL ESTATE INDUSTRY
According to NAIOP Research Foundation, in 2023, commercial real estate – both new commercial building development and existing operations – contributed $2.5 trillion to the US GDP, generated $881.4 billion in personal earnings, and supported 15 million jobs.
Commercial office space vacancies continue to rise as workers’ remote and hybrid work situations translate to less need for leased space. Warehouses, data centers, and retail should expect a small but steady growth, according to Kiplinger. Residential real estate has shifted over time as well. Investors and developers looking to operate properties will want their profits to increase as economic trends and low inventory of homes for sale cause rental prices to increase.
CironeFriedberg has a team in place to handle the unique needs of commercial and residential developers looking to maximize their investments. Uniquely positioned as a regional accounting firm and a member of CPAmerica, CironeFriedberg is highly qualified to serve the needs of businesses and investors in this industry. Our experienced tax, advisory and accounting professionals are ready to deliver high quality tax, accounting, and advisory services. We’ve got your back.
TAX, ACCOUNTING & ADVISORY SERVICES
- State and federal tax planning, including 1031 and Like-Kind exchanges
- Tax credits, returns, reporting, and strategies
- Planning and compliance testing for Opportunity Zones
- Outsourced Accounting, CFO, and Controller
- Advisory services to assess and identify business growth opportunities and mitigate risk
- Leveraging our trusted relationships with local lenders
- Accounting and bookkeeping services scaled to growing businesses
- Financial statements for lenders
- Cash flow projections
- Budget and operational review
FOR MORE INFORMATION PLEASE CONTACT
TONY CIRONE, CPA; OR MICHAEL JODON, CPA
STAY INFORMED. LEARN MORE ABOUT OUR TAX PLANNING AND OUTSOURCED CFO AND CONTROLLER SERVICES AND CLIENT ACCOUNTING SERVICES.
