Page 10 - RE-NJ

Alan Sobel
Managing Principal of
Offi ce
CLA Livingston
Mariana Moghadam
Rob Carpentier
Principal
Director
CLA Livingston
CLA Livingston
OUR CLIENTS
The CLA real estate team works with:
• Owners • Operators
• Developers • Syndicators
• Fund managers • Investors
• Brokers • Mortgage companies
Our clients span a wide array of asset classes and
property types such as:
• Residential (including multifamily, single-family
rentals, senior living and affordable housing)
• Commercial (including offi ce, retail and
self-storage)
• Industrial • Hotels and hospitality
OUR ADVANTAGE
In a competitive market, it is essential to choose
a team that stands out from the rest. CLA’s
Real Estate group offers unparalleled expertise,
a client-centered approach, comprehensive
services and a proven track record of success.
Our commitment to transparency, cutting-edge
technology and exceptional customer service
makes us the ideal choice for all your real estate
needs. Choose CLA’s Real Estate team and
experience the difference that a dedicated and
professional team can make.
10
293 Eisenhower Parkway
Livingston, NJ 07039
YEAR FOUNDED: 1953
NUMBER OF ACCOUNTANTS
INVOLVED IN COMMERCIAL
REAL ESTATE IN NEW JERSEY:
12 in NJ (450+ fi rm wide)
AREAS OF EXPERTISE IN REAL ESTATE:
Audit, accounting, assurance, consulting,
digital, fund administration, outsourcing,
tax and wealth advisory
ON THE HORIZON
• The real estate market has experienced
notable growth in regions like New Jersey,
New England, the Carolinas, Georgia,
Tennessee and Florida. CLA is concentrating
on expanding in these areas due to their
great potential for attracting new clients and
fostering growth.
• The Infl ation Reduction Act offers tax credits
for energy-effi cient projects such as solar
panels and geothermal heating and cooling.
CLA is assisting clients in utilizing these credits
to save costs and possibly receive refunds.
CREATIVE SOLUTION
One creative solution that CLA provided to
a real estate client involved leveraging the
Infl ation Reduction Act to maximize tax credits
for energy-saving capital projects. CLA’s team
helped the client implement solar panels and
geothermal heating and cooling systems,
which not only reduced their energy costs
but also allowed them to take advantage of
signifi cant tax credits and potential refunds.
This innovative approach not only improved the
client’s bottom line but also contributed to their
sustainability goals.