Accounting firms Eisner LLP and Amper, Politziner & Mattia, LLP, recently merged to create ""EisnerAmper LLC's"":http://www.eisneramper.com real estate group, doubling the size of the firm's real estate
[IMAGE]practice. The New York-based firm is now the largest non-Big 4 firm in the greater New York metropolitan region and the 14th largest in the nation.
According to statement released by the company, EisnerAmper now offers developers, property owners and managers, and others in the industry a broader array of professional services.
""The market has begun a slow recovery as shown by stabilization in commercial property vacancy rates and
[COLUMN_BREAK]home prices,"" said Ken Weissenberg, co-chair of EisnerAmper's real estate practice. ""However, real estate owners still face an enormous burden of maturing debt, along with valuations that are unlikely to support their refinancing needs. Distressed debt specialists are circling the industry. To help clients manage through this environment, EisnerAmper offers vast expertise in addressing financing alternatives, valuation, and tax considerations.""
With nearly 75 professionals in its real estate group, EisnerAmper is drawing upon the strengths and experience of its two predecessor firms, including an understanding of highly technical financing structures, credit enhancement, tax planning, restructuring, and other services critical to real estate clients.
""The combination of Eisner's and Amper's practices has given our firm an expanded range of services for clients in the real estate community, including owners, operators, developers, contractors, and builders, as well as providers of financing and investors in distressed debt,"" said Gary Master, co-chair of EisnerAmper's real estate practice.
Master added, ""We serve clients ranging from publicly traded companies to family-owned businesses, yet we have maintained our traditional focus on serving middle market clients whose needs can be overlooked by larger accounting firms.""