Jamie Rich, Managing Director with Capright, is the national financial reporting practice leader. He has been active in the valuation industry since 1998 advising clients on financial and tax reporting matters resulting from acquisitions (ASC 805), divestitures and impairments (ASC 360) as well as real estate fund clients with quarterly and annual fair value (ASC 820) reporting requirements.
Mr. Rich has spent a significant portion of his career within the valuation and advisory practices of three of the Big 4 accounting firms working in cross functional roles involving audit and specialty practices ranging from federal tax, state and local tax, transfer pricing, cost segregation, intangible asset valuation, and both buy and sell-side business advisory.
Mr. Rich is a highly sought-after client facing technical expert who frequently collaborates with clients, accounting advisory and audit teams on complex matters relating to assessing and determining impairment of right-of-use (real estate leasehold) assets created through the adoption of ASC 842 as well as long lived asset impairment considerations associated with ASC 360.
He has advised corporate clients with lease structuring for purposes of REIT conversions and sale leaseback transactions. These clients include owners and operators of gaming, restaurant, retail, billboards and private prisons businesses where there was significant scrutiny on lease classification.
As audit and investor reporting requirements have become more scrutinized for real estate funds, Mr. Rich has assisted clients in the development or improvement of valuation policies, procedures and processes using technology, co-sourcing and outsourcing strategies.
Mr. Rich has significant valuation experience in a wide range of real property including assisted living, manufactured housing, single family for rent (SFR) housing, multi-family, heavy manufacturing and infrastructure, gaming and leisure, lodging, logistic, marinas, mining, office, and retail.
New York University | New York
• Master of Science – Real Estate Finance
State University of New York at Albany | Albany, New York
• BS – Business Administration – Finance
• Designated Member of the Appraisal Institute (MAI)
American Society of Appraisers
• Accredited Senior Appraiser – Machinery & Technical Specialties
• Certified General Real Estate Appraiser (numerous states)
JAMIE P. RICH, ASA, MAI
85 Broad Street
New York, NY 10004
T: +1 (646) 276-1315