David Landau & Associates | News

Real Estate Weekly: Economic Turmoil Brings More Stress for Real Estate Joint Ventures

2012-01-11T17:07+00:00

By Philip Ramacca, Senior Managing Director, Internal Audit & Forensics, DLA LLC

The financial crisis began more than four years ago, but the impact has been revealed slowly in different areas of the economy. One area now showing stress is real estate joint venture partnerships, which are coming under increasing scrutiny by non-managing partners.

Read the full news story:

http://www.dlallc.com/docs/Real_Estate_Weekly_By_Phil_Ramacca.pdf

The Real Deal: The Argument for Audits

2012-01-09T18:19+00:00

Financial forensics on rise for real estate players, as partners seek protection before teaming up.

While the ailing economy has hindered some real estate firms in the last few years, it has spelled opportunity for others. Among the beneficiaries? Auditors, who say they've seen an increase in demand for their services, especially among real estate investors involved in joint ventures.

Read the full news story:

http://www.dlallc.com/docs/The_Real_Deal_The_Argument_for_Audits.pdf

The Commercial Observer: The Lobby and NJBiz: Executive Moves Featuring Michael Sullivan

2011-11-18T16:36+00:00

DLA's Michael Sullivan, Managing Director, Real Estate, has been featured in The Commercial Observer: The Lobby and NJBiz: Executive Moves regarding his recent employment at DLA.

Read the full news stories:

http://www.dlallc.com/docs/TCO_The_Lobby_DLA_Michael_Sullivan.pdf

http://www.dlallc.com/docs/NJBiz_Executive_Moves_Michael_Sullivan.pdf

Meeting the Books & Records Requirements of the Investment Advisers Act Live Webcast

2011-11-09T15:38+00:00

Click Here to View Webcast Slides

The Commercial Observer Now: Michael Sullivan

2011-10-28T13:45+00:00

The Commercial Observer Now: Michael Sullivan joins DLA as Managing Director, Real Estate:

http://www.dlallc.com/docs/TCON_Michael_Sullivan.pdf

Northeast Real Estate Business Groundbreakers: Michael Sullivan

2011-10-28T13:02+00:00

DLA's new team member, Michael Sullivan, Managing Director, Real Estate, has been featured in Northeast Real Estate Business:

http://www.dlallc.com/docs/NEREB_Michael_Sullivan.pdf

Lodging Hospitality: Where to Find Financing For Boutique Hotels

2011-10-26T21:22+00:00

Conference Panelists Say It’s Available, But Costs May Be Higher

It’s not easy, but finding financing for boutique hotel projects can be done, said members of a general session panel at last week’s Lifestyle/Boutique Hotel Development Conference in Miami Beach. Lenders see higher risks in lifestyle hotels, particularly non-branded ones, and the cost of capital may be higher, but money is available.

Read the full article on the conference:

Where to Find Financing For Boutique Hotels

David Landau & Associates Hires Michael Sullivan as Managing Director

2011-10-26T13:18+00:00

Sullivan to Oversee Firm’s Core Clientele, Real Estate Practice

David Landau & Associates, LLC, a leading provider of advisory services to private equity, hedge funds, REITs and other public and private real estate and financial services firms, announced that Michael Sullivan has joined the firm as a managing director.

Sullivan, 43, who has more than 20 years of experience in the real estate industry, will serve as the main contact for some of the firm’s core clientele, as well as generate new business opportunities, including growing the firm’s hospitality practice.

“Michael Sullivan will serve a crucial role at DLA as our main point of contact for some of our core clientele,” said David Landau, president and CEO of DLA. “We are thrilled to be able to leverage his vast experience in the real estate industry to grow our business. His knowledge of the hospitality sector in particular will serve as a great springboard for DLA as we expand our presence in that arena.”

Prior to joining DLA, Sullivan served as managing director and head of hospitality for Gemini Real Estate Advisors, a New York based real estate investment firm. He was responsible for the hospitality platform at the firm, which owns and operates a portfolio of hotels in New York and along the East Coast, and provides third-party hotel management services. Gemini Real Estate Advisors has been one of the most active hotel groups in New York. Sullivan was also a member of the firm’s investment committee.

Earlier, Sullivan was a vice president at Starhotels International Corporation, where he was responsible for global acquisitions, with a focus on the United States and Europe, as well as global strategy, branding and management of the firm’s U.S. operating company. The firm’s portfolio includes 22 hotels in Italy, France and the United States, and residential holdings in New York.

Sullivan previously served as vice president of asset management at Sunstone Hotel Investors, where he was responsible for the asset management of all third-party managed hotels in preparation for its 2004 IPO. He was also a vice president at Colony Capital, where he was responsible for the asset management and acquisition of approximately $1 billion of hospitality related assets for the international private equity firm. Earlier, Sullivan was a manager at ITT Sheraton Hotel Corp., leading the worldwide internal audit function for the international hotel company. He started his career as an auditor with PriceWaterhouse.

Sullivan received a bachelor’s degree in accounting from Boston College’s Carroll School of Management. Sullivan is an active member of the Hospitality Financial & Technology Professionals (HFTP) and the Hospitality Asset Managers Association (HAMA) and has been a speaker at many industry related events.

National Real Estate Investor: Robbing Peter to Pay Paul: Fraud in Real Estate JVs

2011-10-26T13:09+00:00

Economic stress is causing more frequent inappropriate handling of funds by managing partners in joint venture partnerships, according to market experts.

Read the full story:

Robbing Peter to Pay Paul: Fraud in Real Estate JVs

Thomson Reuters Buyouts: Meet Jennifer Lin

2011-10-14T13:28+00:00

Need To Meet: Jennifer Lin, Managing Director of Compliance, David Landau & Associates, LLC

While buyout shops make plans to register with the federal government by next spring, the regulators may find themselves facing a “tall order” to write the rules for financial reform as the government struggles with its own financing, says Jennifer Lin, the new Managing Director of Compliance at the boutique audit shop David Landau & Associates, LLC.

Read the full story:

http://www.dlallc.com/docs/Buyouts_Beat_Meet_Jennifer_Lin.pdf

The Commercial Observer: Interview with David Landau, President & CEO of DLA

2011-10-11T15:34+00:00

Accountants' role as commercial firms seek to avoid 'liberties' taken before the collapse; David Landau on the new paradigms - and Obama's millionaire's tax.

Read the full story:

http://www.dlallc.com/docs/TCO_Interview_with_David_Landau.pdf

Real Estate Weekly: DLA Launches New Practice

2011-10-11T14:45+00:00

In response to the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), David Landau & Associates, LLC (DLA) has launched a new compliance practice.

Read the full story:

http://www.dlallc.com/docs/Real_Estate_Weekly_DLA_Compliance_Practice.pdf

David Landau & Associates Launches Compliance Advisory Practice

2011-09-15T21:26+00:00

Supports Hedge Funds, Private Equity Firms on Dodd-Frank Compliance

Fairfield, NJ – In response to the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), David Landau and Associates, LLC (DLA) is pleased to announce the launch of its new compliance practice. DLA is a leading provider of advisory services to private equity firms, hedge funds, REITs and other public and private real estate and financial service firms.

DLA’s President, David Landau, states, “The launch of our compliance practice is consistent with DLA’s founding vision. DLA strives to be at the forefront of responding to major regulatory events, such as Sarbanes-Oxley with our Internal Audit practice or Dodd-Frank with our Compliance offering.”

DLA was founded in 2001 as an alternative to public accounting firms that could no longer provide certain services to their clients due to independence issues. Since then, DLA has successfully helped its clients address their internal audit, Sarbanes-Oxley compliance, forensic accounting, risk management and due diligence needs. As with Sarbanes-Oxley, the advent of Dodd-Frank has created a new challenge for the financial services industry to which DLA is once again responding with its recent expansion.

Leading DLA’s new compliance practice is Jennifer Lin who has over 11 years of compliance experience in the securities industry. Ms. Lin remarks, “As a life-long compliance professional, I am excited to be a part of a well-established firm that not only allows me to leverage the depth and diversity of my industry experience to grow a practice, but also be an innovator that just might change the way compliance is perceived.” Ms. Lin adds, “I take great pride in designing compliance programs that organizations can trust and embrace.”

DLA offers a comprehensive suite of regulatory compliance services to the securities industry. Managing Director, Alan E. Scholnick, in conceptualizing the business emphasizes, “We are building a practice made up of industry compliance veterans who have distinguished themselves with their knowledge of sophisticated financial products and who understand compliance from a real world business perspective, not just its enforcement. We are mindful that our clients are seeking a straightforward, practical solution that speaks to their individual business needs. Our goal is to deliver a high-caliber service at a fraction of the price.”

For more information about DLA’s Compliance Advisory services, please contact Alan E. Scholnick at 646 380 2461 or alan.scholnick@dlallc.com.

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Jennifer Lin has Joined DLA as Managing Director, Compliance

2011-07-28T16:54+00:00

David Landau & Associates ("DLA”) continues to expand its innovative cross-functional consulting service to include Compliance.

Fairfield, NJ (PRWEB) July 28, 2011

Celebrating its tenth year of operations, David Landau Associates, LLC, (“DLA”), a financial services and real estate advisory firm focusing on internal audit, forensic accounting, risk management and due diligence, continues to expand its innovative cross-functional consulting service to include Compliance.

David Landau, President & CEO of DLA, announced that Jennifer Lin has joined the firm as Managing Director, Compliance.

According to Landau, “Compliance is a natural complement for DLA given the current regulatory environment and DLA’s deep experience outsourcing internal audit and providing consulting services to clients in the financial services and real estate industries. Compliance represents a logical direction for the evolution of DLA.”

Jennifer has many years of professional compliance experience primarily in the financial services industry. Prior to joining DLA, she was a Vice President at Deutsche Bank and held positions as a Fixed Income Compliance Advisor for Global Rates and as a Compliance Officer conducting inspections across all business areas, including broker-dealer, investment advisory and bank regulatory. She began her career at the Macquarie Group where she provided compliance support for Institutional Equities, Research, Futures, Commodities and Investment Advisory.

Landau stated that “Jennifer is a natural fit for our team given her deep compliance experience and entrepreneurial drive. I look forward to working with Jennifer to expand DLA’s service offerings and to continue providing high-quality offerings to our clients. Jennifer's broad securities compliance experience provides strong expertise in securities regulation and the implementation, analysis, testing and evaluation of supervisory and internal controls of a compliance program.”

Jennifer is a graduate of the State University of New York at Stony Brook with a Bachelor of Arts in Economics.

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David Landau & Associates (DLA, LLC) Celebrates its 10th Anniversary

2011-02-14T16:25+00:00

Financial Services and Real Estate Advisory Firm Celebrates 10 Years of Innovative Cross-Functional Consulting

Fairfield, NJ (PRWEB) February 14, 2011

David Landau & Associates (DLA, LLC) a financial services and real estate advisory firm focusing on internal audit, forensic accounting, risk management and compliance support is celebrating its tenth year of operations.

“The firm was founded in 2001 to offer services that public accounting firms could no longer provide to their clients as a result of independence issues,” explains David Landau, founder and CEO of DLA, LLC. “Unlike traditional accounting and consulting firms, our unique approach is to field multi-disciplinary teams who are able to execute a wide variety of assignments utilizing cross-functional expertise in the areas of internal audit, forensic accounting, risk management and compliance support.”

“We take great pride in delivering superior results to our clients,” notes Landau. “Our focused expertise in the areas of real estate and financial services allows us to offer superior results for our clients”, added Landau.

About DLA, LLC

DLA, LLC is a financial services and real estate advisory firm focused on providing internal audit, forensic accounting, risk management and compliance support. Founded in 2001, DLA’s management is made up of former “Big Four” professionals who lead a dedicated team of professionals in delivering enhanced value-added services to its clients.

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