Fund Administration - Lexcraft Advisors

Fundraising Best Practices for Private Equity Real Estate

September 19, 2025 by Mike Zane

Private equity real estate sponsor shaking hands with an investor in a modern office.

Successful fundraising in private equity real estate requires the right mix of technology, disciplined processes, and experienced fundraising administration. Investor management platforms eliminate roadblocks, streamline the subscription process, and create a seamless investor experience. A disciplined fundraising process, anchored by an offering memorandum and firm overview presentation, ensures clear communication and smooth execution from outreach … Read more

5 Reasons Why Private Equity Real Estate Sponsors Underutilize Investor Management Platforms

August 26, 2025August 25, 2025 by Mike Zane

Sponsors often invest in investor management platforms but fail to properly implement the software, leaving the tools underutilized. Poor system documentation, unintuitive user interfaces, and lack of experience make adoption difficult and discourage regular use. Without proper implementation, maintenance, and controls, sponsors tend to lose confidence in investor managements platforms and revert to manual processes. … 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

When Investor Management Platforms Fail: Calculating Net Asset Value

July 7, 2025January 26, 2025 by Mike Zane

A woman sitting in a modern office crunching numbers on an old school calculator.

Key Takeaways Many open-ended private equity real estate funds must calculate, or strike, net asset value (NAV) on a recurring basis for any number of reasons, including to allow new investors to initiate positions, to allow existing investors to exit positions, to satisfy limited partner reporting requirements, and to comply with audit requirements. In basic … Read more

Investor Management Platforms: An Overview for the Private Equity Real Estate Industry

July 7, 2025August 12, 2024 by Mike Zane

An investor looking at an investor management platform on a laptop.

Key Takeaways It has become a best practice in the commercial real estate industry to implement an investor management platform. Platforms tend to include features designed to increase transparency and streamline common investor management activities, including investor portals, document management, reporting, CRM functionality, and capital call and distribution assistance. A fund administrator should be well-versed … Read more

When Should a Commercial Real Estate Sponsor Hire a Fund Administrator?

July 7, 2025May 2, 2024 by Mike Zane

Key Takeaways Several factors can guide commercial real estate general partners in determining when to engage a fund administrator, including operational complexity, growth objectives, investor expectations, and time constraints. Engaging a fund administration provider early in the investment entity’s lifecycle can yield substantial benefits, especially related to early-stage marketing and risk mitigation. An experienced fund … Read more