RealFoundations is a professional services firm focused on helping real estate enterprises around the globe run better. We apply unmatched industry knowledge and insight to help companies that develop, own, operate, service, occupy or invest in real estate make better, more profitable decisions. Our passionate experts and proven solutions around business intelligence, process improvement, and systems planning and integration deliver lasting value and real bottom-line results.
We typically engage our clients in any of three service areas:
RealFoundations' team of Accounting and Lease Professionals work with you to understand the complexity of the FASB Lease Accounting Standards Update, Topic 842 release. We believe the new Lease Accounting Standards will impact companies with significant real estate and equipment lease holdings - In turn we have developed a Lease Accounting Acceleration Assessment that will aide in developing an actionable plan for success.
Our assessment program equips companies with the tools and information needed to make informed business decisions while preparing to meet the latest Lease Accounting Standards requirements.
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Whether you own or operate real estate, or simply occupy a significant amount of it, you know how complex and challenging it can be to ensure the smooth, efficient and effective operation of physical facilities.
RealFoundations has seen and studied hundreds of real estate companies and operations, giving us a unique perspective on the inner workings of the entire real estate ecosystem, from the way a building itself is used to how it is operated and capitalized. Simply put, no group understands a day in the life of a real estate asset or operations as well as RealFoundations.
Our Management Consulting engagements draw directly from these decades of accumulated industry expertise to quickly identify the critical areas for greatest improvement, and then design and implement solutions that make real estate run better.
Management Consulting at RealFoundations takes the form of five distinct areas of service, each addressing a unique challenge.
Strategy: Deepen your understanding of the issues and options for your specific real estate challenges. Services include creating efficient operating models, developing roadmaps, structuring information flow, and sourcing of business processes.
Operational Innovation: Streamline performance and maximize the profitable operation of your real estate. Includes diagnostic assessments to identify inefficiencies, centralizing procurement and spending, optimizing capital projects, and enhancing revenue opportunities.
Finance Transformation: Transform the way in which your finance and accounting functions support your real estate business and operations. RealFoundations can help structure and align the finance organization personnel and processes, automate transactions, and benchmark performance against industry standards and leaders.
Performance Measurement: Understand and manage the metrics behind the health of your portfolio and your business. We can help define and analyze the investor and business measures that reveal the true condition of your business, establish data governance and supply chain standards to ensure accuracy, and put standard reporting and analytics programs in place.
Technology: Ensure a strong foundation of technology and applications to operate your real estate effectively. RealFoundations defines an overall technology architecture, provides complex systems implementation / integration, conducts business intelligence initiatives, and advises on cloud and mobility strategy and migrations.
Coaxing peak performance out of a real estate portfolio requires having the right back-office professionals in place who understand the business processes, systems, information, imperatives, and constraints of a large-scale real estate operation. For many companies, the challenge starts with simply finding, training and retaining such skilled professionals.
RealFoundations Managed Services offers an alternative approach. By leveraging our decades of experience helping clients to source and scale their own real estate operations, we have captured deep industry process and technology skills in our own highly trained and professional onshore/offshore service delivery teams. And now our clients can turn to those resources to augment or supplant a variety of real estate-oriented operational functions:
Accounting: Free up your finance staff to focus on strategic initiatives by leveraging our onshore, offshore or blended team’s expertise in back-office platforms (e.g., Yardi, MRI, JDE, Cougar, CTI), Property Accounting operations (e.g., AP, cash management, tenant billings, month end activities, etc.) and Fund Accounting activities (e.g., waterfall calculations, entity and investment level reporting, etc.).
Data: The collection of granular property-level data is an industry-wide challenge. Data Services precedes and facilitates accounting and asset management, moving financial and operational data and bringing visibility into each asset.
Lease: RealFoundations’ global team of real estate finance and lease experts offers comprehensive, timely and accurate review of both financial and non-financial lease terms in more than 40 languages. We identify discrepancies, missing documents and critical issues (e.g., termination rights) that could affect asset value, enabling you to value and acquire real estate with confidence. And whether you require an onshore, offshore or blended service model, we leverage best practices to ensure efficient, effective lease management.
Energy: RealFoundations Energy Operations Support (EOS) service enables real-time operations management to optimize portfolio energy and environmental performance. By proactively monitoring building system operations, we help leverage your existing equipment and infrastructure and identify opportunities to increase efficiency. Our standardized, technology-based performance and operations management approach delivers ongoing energy and cost savings.
Technology: Augment your technology support staff with resources that are intimately familiar with the platforms, processes and business of real estate. We can provide teams with expertise from procurement to administration to reporting across your entire technology ecosystem, from infrastructure to application.
Energy and environmental factors can have an outsized impact on the performance of any real estate portfolio and optimizing them requires careful consideration of environmental, financial and operational data to align with the interests of investors, regulators and occupants. RealFoundations helps real estate companies achieve sustainable performance by identifying, designing and implementing cost-effective solutions to meet their needs. We leverage the convergence of real estate, sustainability and technology, along with our deep industry knowledge, to help our clients realize better energy and environmental performance and maximize savings.
We help organizations make long-term and sustainable improvements in energy and environmental performance by leveraging a systematic process of “Identify -> Measure -> Analyze -> Act -> Report.”
RealFoundations Energy Solutions include:
Energy Management Strategy: Proactively set energy and environmental performance goals and prioritize available resources to meet those objectives. RealFoundations works with key stakeholders to assess a real estate portfolio’s “current state” and plan the “future state” that will guide performance goals and recommended solutions.
Enterprise Energy Management: Make sustainability a constant element of operations instead of a series of one-time initiatives. RealFoundations deploys centralized building automation and energy management systems, integrating them with decision-making processes and establishing analytics and benchmarks to sustain gains in efficiency.
Energy Operations Support: Identify efficiency improvement areas, optimize existing equipment and manage energy operations on a real-time basis with hardware and software applications. RealFoundations also conducts utility bill processing and utility rate analysis to identify the most suitable tariffs and lower utility expenses.
Retrofit Solutions: Profile individual buildings or entire portfolios to identify inefficient environmental systems and retrofit them to achieve sustainable savings. RealFoundations deploys a brand-agnostic approach that allows us to recommend solutions with the appropriate cost-benefit ratio.
Performance Reporting: Share key energy and environmental accomplishments with stakeholders to meet third-party survey needs and mandatory disclosure requirements. Includes investor performance reports, impact validation studies and third-party certifications and ratings.