Skolnick Consulting

Skolnick Consulting is a specialized consulting firm that serves clients in every major market of the United States. We offer a wide range of services, including buyer & lender due diligence, real estate underwriting, financial analysis of existing assets, and asset management consulting. We are an approved vendor for some of the world’s largest publicly traded and privately owned real estate firms and lenders, including private equity firms, investment managers, and REITs. Our team has broad expertise across all asset types, and we customize our services to match each of our client’s individual needs. — NOI Audit — Our NOI (net operating income) audit is geared toward buyers and lenders for all types of commercial real estate. We validate the NOI of a given property by completing a detailed, line-by-line analysis of historical operating results of the asset. This entails reviewing all supporting documents, including operating statements, general ledgers, bank statements, service contracts, real estate tax bills, and payroll schedules. — Lease File Audit — Our lease file audit is geared toward buyers and owners of multifamily real estate, including apartments, senior living, and student housing. We validate the current rent roll of a given property by reviewing every lease file and all relevant addenda. In addition, we provide an in-depth demographic analysis of the tenant population through a detailed review of tenant applications and credit screenings. — Property Management Audit — Our property management audit is geared toward owners and asset managers for all types of commercial real estate. We evaluate the property manager’s compliance with the terms of the property management agreement. This entails a rigorous review of the manager’s operations and all supporting documents, including financial reports, bank statements, certificates of insurance, payroll registers, and service contracts.