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Real Estate

Marks Paneth has served the real estate industry for more than 100 years. We have built a solid track record assisting many of the industry’s premier commercial and residential real estate owners, developers, builders, REITs (real estate investment trusts) and property managers. We are trusted advisers to leading New York City real estate management companies, as well as prominent real estate families.

We offer a full range of financial, tax and accounting solutions – including guidance on acquisitions and joint ventures, tax planning, financial statement and tax return preparation, tax consulting, partnership cash flow modeling and transactional services. These services are customized to satisfy the requirements of virtually every real estate stakeholder, from the individual real estate owner to the largest global institutional investor.

In addition, we work closely with local housing and monitoring agencies and have governmental compliance expertise with federally subsidized projects – such as Section 236 and Section 8.

AREAS OF SPECIALIZATION INCLUDE:


Group Leaders

William H. Jennings
Co-Partner-in-Charge, Real Estate Group, Partner-in-Charge, China Desk and Florida Office


William H. Jennings, CPA, HCCP, is the Partner-in-Charge of the Real Estate Group at Marks Paneth LLP.  He is also a member of the firm’s Executive Committee, which sets policy and strategy. 

With more than 35 years of experience in public accounting and a keen focus on the real estate industry and its needs, Mr. Jennings has spent nearly his entire career with Marks Paneth and its predecessor firms.  During this time, he has made many contributions to both the public accounting and real estate industries.  He prepared and consulted on the first market rate conversion of a Mitchell-Lama housing development in New York City.  He has helped structure equity take-outs, low income housing tax credits, opt-outs, Section 8 mark-to-markets and assisted clients in acquiring financing. Additionally, he has been instrumental in affecting changes to HUD policy regarding mark-to-market Section 8 renewals.


Abe Schlisselfeld
Co-Partner-in-Charge, Real Estate Group


Abe Schlisselfeld, CPA, EA, is the Co-Partner-in-Charge of the Real Estate Group at Marks Paneth LLP. With more than 20 years of experience in public accounting, Mr. Schlisselfeld’s concentration lies in the real estate industry, where he advises commercial and residential real estate owners, real estate management firms and REITs (real estate investment trusts) on all facets of accounting and taxation. He is a member of the Executive Committee of Marks Paneth, which sets policy and strategy for the firm.