Reznick and Palladium Team on Troubled Real Estate

Accounting firm Reznick Group has partnered with Palladium Pacific on a service to provide help to real estate lenders, investors, builders and developers with their troubled real estate assets.

Reznick and Palladium will provide asset evaluation services, including a value optimization analysis program for comparing value and risk data for each liquidation alternative.

Reznick will also offer a variety of other services: bankruptcy navigation, tax advice, due diligence, strategic planning, forensic and compliance audits, benchmark and milestone tracking, what-if analysis, site maintenance and security, foreclosure and deed-in-lieu processing, special-purpose entity reporting, and records management.

“In terms of the current state of the economy, the timing could not be better,” said Reznick CEO Ken Baggett in a statement.

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