What is Forvis Mazars?

Forvis Mazars is a global professional services firm serving as:

Node Proptech's audit and accounting partner

Responsible for delivering independent audit

Accounting

Digital asset assurance

across all Node SPVs, designed for institutional and regulator review.

Forvis Mazars represents one of the largest globally-integrated audit and advisory firms providing comprehensive accounting and advisory services to real estate funds and investors.

The firm's real estate expertise spans fund structuring, financial reporting, investor reporting, and tax advisory supporting funds across all strategy types and sizes.

What Forvis Mazars Does in the Node Stack

Forvis Mazars provides the independent verification layer for Node's financial and ownership records. This includes:

Auditing the financial statements of each SPV

Verifying distribution calculations

Assuring that the on-chain ownership records reconcile with the off-chain investor registry maintained by Securitize.

The firm's scope extends to digital asset assurance, a specialized function that applies audit methodology to blockchain-based records. This means Forvis Mazars does not simply audit the SPV's bank statements and income records. It also audits the on-chain token ledger, verifying that the digital ownership records are complete, accurate, and consistent with the legal records.

Real estate clients benefit from specialized expertise in fund-specific accounting: capital account tracking under partnership taxation, preferred return calculations, waterfall modeling, and interim and year-end reporting.

Why Independent Audit Matters

An independent audit provides third-party verification that the financial records presented to investors are accurate and prepared in accordance with applicable accounting standards. Without independent audit, investors must trust the platform's own reporting without external validation.

Audit services provide independent verification that financial statements present fairly the fund's financial position and that assets are properly accounted for.

External audits build investor confidence through independent professional validation of reporting accuracy and control testing.

For institutional investors, regulated counterparties, and fiduciaries with reporting obligations to their own stakeholders, an unaudited investment is a non-starter. The presence of an independent auditor from a recognized global firm is a prerequisite for institutional participation, not an optional enhancement.

Digital Asset Assurance

Digital asset assurance applies audit procedures to the blockchain layer of tokenized securities. Forvis Mazars verifies that token supply matches the number of ownership interests issued under the legal documents, that wallet-to-wallet transfers comply with the recorded transfer restrictions, and that distribution payments on-chain match the amounts calculated in the financial reports.

This dual-layer audit (traditional financial audit plus digital asset assurance) addresses the unique challenge of tokenized securities: ensuring that the digital representation of ownership accurately reflects the legal and financial reality of the underlying investment.

Forvis Mazars at Node Proptech

Forvis Mazars occupies the audit and assurance position within the Node institutional partner stack. It works alongside S&K (legal), Ocorian (SPV administration), Securitize (transfer agent), and SumSub (KYC/AML). Forvis Mazars' scope is independent verification. It does not prepare the records it audits. Ocorian prepares the financial data; Forvis Mazars verifies it. This separation of duties is fundamental to the integrity of the reporting.

Tax advisory services support navigation of complex multi-jurisdictional issues, tax position optimization, and compliance with evolving regulations spanning partnership tax accounting, state apportionment, FIRPTA compliance, and carried interest treatment.

Particularly for significant capital or substantial institutional investor bases, professional audits represent essential credibility markers.