Real Estate


Operating in the real estate industry holds special challenges with regards to tax laws, market conditions, regulatory laws and the ever-changing shifts in technology. Competition is fierce and tax laws are constantly changing, requiring companies to respond quickly and plan for the future.

At Grassi & Co., our real estate advisors help clients, investors, developers, management companies, residential and commercial owners and landlords, managers, brokers, hotel operators and other professionals meet these challenges and maintain their competitive edge in the marketplace. We keep abreast of financial trends and issues, while helping clients find fiscal solutions in this constantly-evolving market. Our knowledgeable, proactive and experienced real estate advisors assist real estate clients in all stages of business growth. 

Grassi & Co. serves real estate clients helping to increase efficiency, improve operations and raise their bottom line. Our real estate consulting experts develop accounting systems to improve financial reporting operations and reduce overhead. Part of our consultative approach focuses on recommending tax-saving strategies, including 1031 (like-kind) exchanges and involuntary conversions, and cost segregation studies to help accelerate depreciation opportunities.

In addition to the services we offer all our clients, our Real Estate Team has the capabilities to provide services specific to real estate clients, including:
  • 1031 (Like-Kind) Exchanges of Property
  • Condemnation Issues
  • Cost Segregation Studies
  • Partnership Agreements Drafts
  • Lease Consulting
  • Negotiations of Office Leases
  • Private Real Estate Ventures



Stuart Becker Senior Consultant
Michael Hochman New Jersey Office Market Leader
Steve Lemke Principal
Maryann Schugmann Partner
Shashi Singal Principal
Scott Stern Principal

Articles & Alerts

Qualified Opportunity Zones: A Family Office Perspective

Principal Shashi Singal outlines the unique advantages, strategies and risks that a family office should keep in mind when considering an investment in a Qualified Opportunity Fund.


Alert: Qualified Opportunity Zones - New Proposed Regulations

The second round of proposed regulations issued on April 17, 2019 provide additional guidance on some of the questions and issues that remained unclear after the initial round of proposed regulations that were issued in October 2018.


EAlert: IRS Issues Workarounds for SALT Deduction

On December 22, 2017 President Trump signed into law the Tax Cuts and Jobs Act.