SitusAMC Elevates CRE Underwriting Services with in-depth Financial Diligence & Forensic Analysis
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New York, NY (06.10.2022) – SitusAMC, the leading provider of innovative, trusted solutions supporting the entire lifecycle of real estate finance, announced today the expansion of the firm’s CRE Underwriting offering to include financial diligence and forensic analysis. The offering will provide clients with in-depth financial diligence to help proactively identify and mitigate risk in large, complex loans and portfolios. SitusAMC has hired industry-veteran, Sandra Adam, CPA, to lead the offering. Ms. Adam started in her role on June 6 and is reporting directly to Aimee Sailor, Managing Director, Head of Commercial Real Estate Advisory.
The Financial Diligence & Forensics Analysis offering builds upon SitusAMC’s industry-leading underwriting services to provide clients with financial diligence, scrutinizing financials and identifying deeply buried risk factors that could negatively impact loan value and business profitability. Specific services include:
- Net Operating Income Analysis (NOI / AUP)
- Forensic Analysis
- Lender and JV Disputes
- Distressed/REO Financial Analysis and Cash Flow Monitoring
- Deep Dive Analysis of Guarantor Reporting
- Deep Dive Collateral Review of “Watch List” Loans
- CAM Analysis and Disputes
- Closing Proration Review
“Mitigating risk and protecting profitability is top of mind for our clients,” stated SitusAMC’s Anne Jablonski, Managing Director, Head of Commercial Real Estate. “The addition of CPA-led financial diligence will enable our clients’ to proactively manage risk factors in their portfolios and make more informed decisions on their originations and CRE transactions.”
Prior to joining SitusAMC, Ms. Adam held a senior role at Hanover Street Capital, a SitusAMC company that provides highly integrated, end-to-end solutions supporting US commercial and multifamily real estate finance activity. In her role, Ms. Adam led the form’s investigative financial analysis practice. Prior to Hanover Street Capital, Ms. Adam served in various leadership roles at RSM US LLP (‘RSM’), a leading provider of audit, tax, and consulting services to the middle market. In her most recent role at RSM, Ms. Adam served as Consulting Director, National Real Estate Group, overseeing the firm’s due diligence, financial analysis, and model practice.
“Sandra is a proven and respected leader in commercial real estate,” stated Aimee Sailor, Managing Director, Head of Commercial Real Estate Advisory. “Her ability to bring deep financial expertise to our underwriting offering will further elevate our ability to support our clients’ needs.”
Ms. Adam is a Certified Public Accountant in the state of Illinois and holds a Bachelor of Science, Accounting, from DePaul University. She is a member of the Illinois CPA Society’s Women’s Committee and is part of the American Institute of Certified Public Accountants.
For more information on SitusAMC’s Underwriting and Financial Diligence & Forensic Analysis, please contact:
Managing Director, Head of Commercial Advisory & Diligence
SitusAMC (www.situsamc.com) is the leading independent provider of advisory, strategic outsourcing, talent and technology solutions to the commercial and residential real estate finance industry. We help our clients realize opportunities in their real estate businesses through industry-leading services and innovative technologies that drive operational efficiency, increase business effectiveness, and improve market agility across the entire lifecycle of their global real estate activity.
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