Entity structure
Provide:
- Ownership chart
- Holding company (HoldCo) information
- Property LLCs
- Ownership percentages
- Tax classification where known
Client resource
Real Estate Partnership & Holding Company Checklist
For multi-entity real estate owners: holding companies, property LLCs and investor partnerships. The more complete the structure information, the fewer follow-up questions during preparation.
Property accounting
Provide:
- Property-level financials
- Bank accounts
- Debt
- Capital expenditures
- Depreciation schedules
Partner activity
Provide:
- Contributions
- Distributions
- Debt changes
- New investors
- Investor exits
Major transactions
Tell Evening Star before:
- Refinancing
- Cash-out refinancing
- Property sale
- New acquisition
- 1031 exchange
- Investor admission
- Investor exit
- Entity sale
Timing matters on these transactions. A short conversation beforehand is far more useful than a review after closing.