WASHINGTON--(EON: Enhanced Online News)--BDO Consulting, a division of BDO USA, LLP, one of the nation’s leading professional services organizations, today announced the expansion of its Corporate Real Estate Advisory Services (CREAS) practice, appointing Ross Forman as managing director and leader of Portfolio Strategy. Mr. Forman brings more than 25 years of strategic real estate management experience to his new role, where he will work with clients to evaluate their current real estate portfolio performance and identify opportunities to reduce cost and enhance operating efficiencies. The addition of portfolio strategy and performance optimization services is the latest in a series of moves by BDO Consulting to grow its corporate real estate advisory service offerings.
“Our end-to-end suite of solutions, combined with our distinctive benchmarking capabilities, enable us to gain a clearer picture of an organization’s current portfolio, and then maximize opportunity while minimizing cost. I look forward to helping clients position their current portfolios to their greatest advantage.”
“In today’s competitive business environment, companies have recognized the impact that real estate choices can have on their bottom line,” said Michael Pappas, senior managing director and practice leader of Corporate Real Estate Advisory Services at BDO Consulting. “Ross brings a strategic lens to our comprehensive service model that will marry savings opportunities at individual locations with overall portfolio performance optimization.”
Along with the expansion, the firm has implemented a new diagnostic methodology which provides real-time, reliable, industry-specific data used for the critical analysis of clients’ real estate assets. The approach streamlines—and significantly expedites—the benchmarking process and provides a deep dive on various factors such as cost, utilization, productivity and flexibility, allowing BDO to develop peer-to-peer comparisons and identify opportunities to improve efficiencies and lower costs.
“Changing workforce demographics, emerging technologies and an expanding global economy have underscored the need for a more sophisticated approach to corporate real estate,” said Mr. Forman. “Our end-to-end suite of solutions, combined with our distinctive benchmarking capabilities, enable us to gain a clearer picture of an organization’s current portfolio, and then maximize opportunity while minimizing cost. I look forward to helping clients position their current portfolios to their greatest advantage.”
Prior to joining BDO, Mr. Forman served as the global real estate strategy lead at Accenture, where he provided consulting services related to real estate development and planning; portfolio restructuring, positioning and optimization; integrated facilities management; and location strategy, among others. Before Accenture, Mr. Forman was a managing director of real estate and facilities at GSH Group, Inc., the senior vice president of corporate real estate and facilities management at the Staubach Company and GVA Smith Mack & Company, the vice president of real estate at NovaCare, Inc. and the director of real estate at IKON Office Solutions. Mr. Forman graduated from Drexel University with an MBA in finance and a Bachelor of Science in accounting.
About BDO Consulting
BDO Consulting, a division of BDO USA, LLP, provides clients with Financial Advisory, Business Advisory and Technology Services in the U.S. and around the world, leveraging BDO’s global network of more than 67,000 professionals. Having a depth of industry expertise, we provide rapid, strategic guidance in the most challenging of environments to achieve exceptional client service. For more information, please visit www.bdo.com.
BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax, advisory and consulting services to a wide range of publicly traded and privately held companies. For more than 100 years, BDO has provided quality service through the active involvement of experienced and committed professionals. The firm serves clients through more than 60 offices and more than 500 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multi-national clients through a global network of 1,400 offices in 158 countries.
BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms. For more information please visit: www.bdo.com.