Insurance-Related Housing Services

CRS Temporary Housing

R&M serves as the company's outsourced technical-accounting partner, supporting ongoing ASC 842 lease modification analyses for the rotating short-term lease portfolio, ASC 805 purchase accounting for acquisitions, ASC 718 profit-interest-unit calculations, financing transaction analysis, and audit readiness.

Industry Insurance-Related Housing Services
Market PE-Backed
Location Phoenix, AZ
Focus ASC 842 Lease Modifications, ASC 805, ASC 718 PIU, Financing Transactions

Engagement summary

Client Background

CRS Temporary Housing is a leading provider of temporary housing solutions to the insurance claims industry, serving displaced policyholders following residential losses.

Engagement Scope

R&M serves as the company's outsourced technical-accounting partner, supporting ongoing ASC 842 lease modification analyses for the rotating short-term lease portfolio, ASC 805 purchase accounting for acquisitions, ASC 718 profit-interest-unit calculations, financing transaction analysis, and audit readiness.

Services Provided

  • ASC 842 lease modification analyses for rotating portfolio
  • ASC 805 purchase accounting for tuck-in acquisitions
  • ASC 718 profit interest unit expense calculations
  • Financing transaction analysis and debt accounting
  • Audit readiness and financial reporting support

Focus areas

ASC 842 Lease Modifications ASC 805 ASC 718 PIU Financing Transactions