Accounting - Lexcraft Advisors

Bookkeeper vs. Outsourced CFO: Who Does What in Private Equity Real Estate?

January 27, 2026 by Mike Zane

Bookkeeper and outsourced CFO roles in private equity real estate finance

Bookkeepers focus on transactional accuracy, while outsourced CFOs provide the strategic oversight and financial leadership required to scale a private equity real estate business. Understanding the difference between these roles helps sponsors avoid common financial bottlenecks as deal complexity, investor expectations, and reporting requirements increase. Choosing the right level of financial support at each stage … Read more

The Burden of Accounting Reclassifications for Property Managers

July 7, 2025June 23, 2025 by Mike Zane

Reclassifications are common in property management accounting but often indicate underlying process issues and create unnecessary work for on-site teams. Frequent reclassifications erode trust in financial reporting, delay owner reviews, and can reflect poorly on the property manager’s performance. A CFO services firm can reduce reclassifications by improving account structures, streamlining month-end procedures, and strengthening … Read more

Accounting Controls for CRE Sponsors: How to Identify Missed Tenant Payments

July 7, 2025May 28, 2025 by Mike Zane

Key Takeaways Payments from tenants fail to settle or are processed incorrectly from time to time, and this can cause significant issues for sponsors and property managers. Commercial real estate sponsors can use two controls to prevent tenant payment issues: daily oversight of tenant ledgers and month-end bank reconciliations. Tenant ledgers should be monitored by … Read more