Partner, Real Estate Senior Analyst
Areas of focus: Real Estate
Troy has 15 years of experience in audit and consulting, with a particular emphasis in real estate and financial services reporting, in accordance with US GAAP, IFRS, NCREIF PREA Reporting Standards and income tax basis. He is also an expert in accounting for asset acquisitions and complex leases and specializes in various tax-advantageous, in particular Opportunity Zones and government subsidized deal structures.
Troy’s financial services background involves audits of private equity funds, which hold equity or debt interests in a variety of industries including technology, consumer products, personal services, real estate and renewable resources. His expertise includes complex valuations, mezzanine and first lender analysis, as well as, the evaluation of options.
In 2018, Troy was selected as a senior analyst in RSM’s cutting edge Industry Eminence Program, which positions its senior analysts to understand, forecast and communicate economic, business and technology trends shaping the industries RSM serves. These senior analysts advise clients on conditions impacting middle market leaders. Troy’s focus is on the real estate industry.
Foreign investment in U.S. real estate declined sharply while industrial real estate remains one of the hottest subsectors in the market.
From big data to AI, a wave of emerging technological innovations is reimagining operations throughout the real estate industry.
Canadian firms need to be aware of significant Canadian tax pitfalls that may arise when considering investments into opportunity zones.
Real estate businesses across the US economy are looking to technological innovation to stay ahead of the competition.
RSM and Preqin cover the key sectors in real estate right now, Opportunity Zones and attractive opportunities for US investors.
For middle market real estate private equity firms, there are still opportunities to be found, if they know where to look for them.
The new revenue guidance has cleared the way for businesses and investors to invest in opportunity zones and drive economic growth.
RSM partner Troy Merkel discusses qualified opportunity zones and their tax benefits with RealCrowd’s CEO Adam Hooper.
For 2019, real estate market fundamentals will be strong; however, demographics and policy will continue to influence and drive investment.
New trade tariffs are expected to affect a number of industries, with commercial real estate taking a substantial hit.