Real Estate

Real Estate Audit, Accounting, Tax & Consulting Services

W&D was built upon the solid foundation of our real estate & construction audit, accounting, tax and consulting knowledge. Combined, they represent W&D’s oldest and largest practice groups.

Since 1949, Warady & Davis’s Chicago real estate CPA’s have helped builders, developers, investors, contractors and property managers across the U.S. face economic challenges and achieve goals and objectives. We represent local and national real estate companies and their projects, with partners which include public companies, insurance, and high net worth individual and foreign investors.

By partnering with Warady & Davis LLP's real estate experts, many of our clients have grown from local builders into national developers.

We’re more than just accountants; we are trusted advisors to our real estate clients

The Chicago and national real estate industry is highly volatile and subject to numerous pressures. Based on our long track record in the real estate industry, through both up cycles and down, we have insight into today’s markets and conditions.  You’ll receive more than traditional accounting, assurance, and tax services — we offer technical knowledge and advice to guide you through every stage of the real estate lifecycle and across all industry sectors.

W&D was built on our real estate and construction industry knowledge

Real estate transactions are complex and often deal in large sums of money, which makes sound accounting and tax planning and structuring vital to your business. Our Chicago real estate CPAs are experienced working within diverse types of real estate ventures, including the following:

• Multi-family
• Office
• Industrial
• Retail
• Hospitality
• Mixed-use developments
• Special use projects
• Residential
• Healthcare

Real Estate Services:

• Preparation of audited, reviewed or compiled financial statements
• Preparation of company, ownership, partnership and project tax returns
• Tax structuring & planning
• Year-end Federal, state and local tax planning
• Multi-state tax consulting and return preparation
• Sales and use tax
• International taxation
• Special industry tax regulations and credits
• Tax credits including renewable energy and incentives
• Common Area Maintenance (CAM) and Common Interest Realty Association (CIRA) audits
• Assist in finding projects, land and property
• Forecasts & projections
• Loan packaging
• Financing and/or equity assistance
• Creditor protection planningInvestment analysis
• Succession, estate & gift planning
• Business valuations & real estate appraisals
• Building operating audits
• HUD & IHDA audit & accounting
• 1031 exchange transactions
• Due diligence for institutions & banks
• Accounting position placements for all levels from staff to senior management/CFO

Real Estate Equity & Financing

Warady & Davis LLP has developed a network of professional, equity, mezzanine and financing sources – including banking, institutional, Wall Street and private investors. We also maintain contact with the real estate brokerage and investment community regarding available land and properties in select markets.

• Assist in finding projects, land and property
• Financing and/or equity assistance
• Creditor protection planning
• Business valuations & real estate estimates of value
• 1031 exchange transactions
• Loan packaging

Warady & Davis is a proud member of Real Estate and Construction Industry organizations

In order to keep up with issues important to our real estate and construction clientele, our firm is actively involved in the following local and national organizations:

• Building Owners & Managers Association (BOMA)
• Home Builders Association of Greater Chicago (HBAGC)
• International Council of Shopping Centers (ICSC)
• Association of Subcontractors and Affiliates (ASA)
• Real Estate Investment Association (REIA)
• Chicago Building Congress (CBC)
• Builders Association of Greater Chicago (BAGC)
• Construction Financial Management Association (CFMA)
• Illinois Road & Transportation Builders Association (IRTBA)
• Illinois CPA Society Committee on Real Estate