RubinBrown Apartment Stats 2013

RubinBrown Real Estate Services Group

For more than 30 years, RubinBrown’s Real Estate Services Group has developed a strong reputation nationally as a leader in accounting and advisory services. Today, the group provides specialized services to real estate entities from coast to coast. The RubinBrown Real Estate Services Group provides a full range of assurance, tax, business planning, and consulting services to: • Investment funds • Real estate partnerships • Developers

Through the years, our clients have grown to depend on our expertise in four key areas of the real estate sector:

Affordable Housing: This complex and highly regulated industry has been one that RubinBrown has focused on since the early days of HUD and the advent of the federal low-income housing tax credit program. Historic Tax Credit Services: RubinBrown has extensive experience with consulting on historic rehabilitation projects across the country. New Markets Tax Credit Services: In addition to initial program guidance and consulting, RubinBrown experts can help you with NMTC application assistance. Renewable Energy: There are many new financial incentives for companies in the renewable energy sector. We can help you sort through the opportunities and provide financial guidance to move your businesses forward. In addition, the RubinBrown Real Estate Services Group regularly sponsors seminars and roundtables dealing with current topics affecting the real estate industry.

• Management companies • Governmental agencies • Syndicators and investors • Financial institutions • Construction-related companies

RubinBrown Real Estate Services Group’s services include: • Financial forecasts and projections • Cash flow and operational analyses • Specialized and complex tax planning • Troubled project workouts • HOPE VI consulting • Senior housing consulting • Business valuations • Low-income housing tax credit consulting and compliance • Affordable housing consulting and compliance • Historic rehabilitation tax credit consulting • Sales and Use Tax consulting • Governmental cost certifications (FHA & state housing agency) • NMTC consulting and compliance • Renewable energy consulting and compliance • Design and evaluation of financial reporting systems and internal control systems • Capital asset segregation analysis • Construction draw accounting and processing • Structured and complex deal structuring • Assistance in obtaining debt/equity financing • Like-kind exchange consulting

Bryan C. Keller, CPA Partner-In Charge 314.290.3341 bryan.keller@rubinbrown.com

Glenn Henderson, CPA Partner 913.499.4429 glenn.henderson@rubinbrown.com

Frank Seffinger, CPA, LL.B., LL.M. Partner 303.952.1240 frank.seffinger@rubinbrown.com

• Strategic planning • Feasibility studies

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