Real estate and construction
We know the real estate and construction industry. We understand the regulations and trends that impact your business and we’ve got a wide and innovative range of accounting, tax, and advisory services to help you make sense of the business landscape.
Who we work with
Our team has considerable hands-on experience in advising general and niche contractors, property management companies, private developers, and landlords owning residential, industrial, and commercial properties.
How we help
We also advise on capital structure optimization, valuation of shareholder interests, and restructuring matters. In addition, our industry relationships allow us to assist in all aspects of debt and equity financing including land acquisition, project construction, and final stage take-out financing. We’ll give you practical advice based on a detailed understanding of the profit drivers of your business.
Our experience
Creating value
Creating value starts with the initial investment opportunity and ensuring that a reasonable price is paid to establish a going-in yield that makes sense. Sizing up future potential is the art form of any deal structure and ultimately drives total return. Here are some examples of ways we have helped our clients:
- Conducted due diligence on behalf of an institutional investor to support the acquisition of several multi-residential apartment buildings in Ontario and Quebec
- Increased both single and aggregate insurance coverage limits for a niche contractor by providing special purpose reports to the contractor’s bonding company
- Conducted a forensic investigation for a financial institution to assess the authenticity of invoices submitted by a sub-contractor to the project general contractor
- Completed a comprehensive ERP system selection mandate for a large privately-owned construction company
- Undertook the valuation of a large real estate investment holding company for purposes of a shareholder buyout
Preserving value
The hard work of preserving value never ceases. Continuous improvement in operating processes and accountability is a critical component to maximizing value. Here are some ways we have helped our clients:
- Designed and implemented a cash flow forecasting model for a large real estate portfolio that included industrial and commercial rental properties and condominium inventory held for sale
- Recommended accounting policies and internal controls that addressed complex property valuation and revenue recognition policies for several real estate and construction clients. Completed an independent review of a multi-tier partnership structure to ensure compliance with changing tax legislation
- Advised on valuation and tax matters involved in the transfer of an equity interest in a construction company to a third-generation family member
- Provided expert testimony in a shareholder litigation matter involving quantification of damages related to a delayed condominium development
Realizing value
Realizing value may take place when refinancing or at the ultimate disposition of the asset. Here are some ways we have helped our clients:
- Advised on and completed tax compliance matters for a private real estate company related to the transfer of assets into a public REIT
- Acted as the restructuring advisor to the lead secured creditor of a multi-location building materials company
- Acted as the court-appointed receiver for three industrial rental properties requiring environmental remediation. Managed these properties and protected creditor interests by maintaining positive cash flow
- Acted as a court-appointed receiver and manager of a large discount outlet mall. Successfully completed the sale of the mall and the structuring of a supporting defeasance transaction
- Undertook the valuation of a construction rental equipment business for use in the quantification of assets with respect to a matrimonial breakdown
For more information, contact us or meet our team.
“Fuller Landau has a deep knowledge of our various businesses, international dealings, and personal finances. I have total comfort knowing that they’ve got everything under control.”
– Costa K., Owner of food & beverage manufacturing business
“Eli did a fantastic job! Really excellent. It was a real pleasure working with him. We will be sure to get the Fuller Landau team on future files.”
– Toronto Family Lawyer
“Thanks to the Fuller Landau Valuations and Litigation team for all the help throughout, it was first rate!”
– Toronto Litigation Lawyer
“We settled on very favourable terms, and I can’t thank Matthew enough for all the hard work he did on the file. It was very much appreciated.”
– Toronto Litigation Lawyer
“Matthew did a great job. The report was very well drafted and easy to understand. The sections where he listed the issues with the payments to friends and family members were excellent.”
– Toronto Family Law Lawyer
“Thanks to the Fuller Landau Valuations and Litigation Support team for all your hard work. I felt 10 lbs lighter after signing. It was a pleasure working with the team. Their patience and clear explanations of everything helped me get through the whole process.”
– Client involved in a shareholder dispute
“Sloan at Fuller Landau is someone I have come to trust and rely on immensely for my personal finances over the past 3 years. He is responsive, trustworthy, knowledgeable, and always professional. Sloan takes the time to discuss matters that need my attention and gives me thoughtful advice. As a busy executive, I feel safe knowing that he looks after my finances and I know I’m in good hands.”
– Mary Jean Tully, Founder & CEO, Tully Luxury Travel
“Sloan was recommended to me by a good friend several years ago when my tax situation started to become a little more complicated. Although I wasn’t necessarily a large client, Sloan took time to explain my options and to understand my situation. I soon learned he has a great ability to take complex tax matters and communicate them in a clear, straightforward way. As my personal and corporate tax situation has become more complex over the last few years, he’s introduced me to other experts to make sure I was getting the best advice. At each stage I have always felt that he has my back – which is about the best vote of confidence you can give a professional advisor.”
– Graham Rawlinson, Partner, Torys LLP
“I have worked with Fuller Landau for years, both professionally (on transactions) and personally (for tax planning and filings). Partners like Jonas Cohen and Andy Yap have provided my clients with knowledgeable, responsive services on deals spanning the globe. On personal finances, Sloan Levett consistently delivers a combination of thoughtful and practical input, top-tier knowledge and experience, and collaboration with other professionals as required.”
– Jake B., Fuller Landau client
“Highly recommend Fuller Landau Family Services! The team of Sloan and Cheryl and others know and understand my needs and future expectations. It gives me comfort knowing someone other than me is keeping an eye on my finances now and in the future as estate planning becomes more and more important.”
– JL, Family Office client
“Fuller Landau’s Family Office serves three generations of our family, analyzing our investment performance and ensuring we have the best strategy in place to meet our needs. They are responsive and professional, and go above and beyond in terms of service and timeliness.”
– Michael M., Family Office client
“Many thanks to Fuller Landau’s Valuation and Litigation Support team for their contribution to a very favourable settlement for our client. Their assistance was invaluable, and as always, it was a pleasure to work together.”
– Michael T., partner at Toronto law firm
“Thank you to Eli for all the time, effort, and hard work he’s put into my reports. He is a true professional and I really appreciated his calm demeanor during this difficult time for me. I’ll be sure to recommend Eli and his services to my clients, friends, and family in the future.”
– Client involved in a matrimonial matter
