Leonard Grandsart

Professional Background

Leonard M. Grandsart, JD, CPA, is a highly accomplished financial professional with extensive experience in accounting, business administration, and legal matters pertaining to real estate investments. With an educational background that includes a Juris Doctor from the University of Illinois Chicago School of Law and a Bachelor’s degree in Economics from Northeastern Illinois University, Leonard combines legal insight with financial expertise. He is a registered CPA in Illinois, making him exceptionally qualified to navigate the complexities of financial regulations and accounting principles.

Leonard’s career spans several high-level positions that reflect his strong capabilities in finance and management. His tenure as Audit Manager at Wieland & Company, Inc. honed his skills in financial statement preparation and analysis, ensuring compliance with Generally Accepted Accounting Principles (GAAP). He was previously the Vice President of Financial Services at Realty & Mortgage Co., where his leadership was instrumental in driving financial strategies and overseeing accounting operations.

Beyond financial oversight, Leonard has significant experience in the legal aspects of real estate operations. His thorough understanding of landlord/tenant law and federal regulations like HUD and IRS Code Section 42 for low-income housing tax credits showcases his unique ability to interlace legal perspectives with financial practice, benefitting organizations in meeting compliance requirements while achieving fiscal prudence.

Education and Achievements

Leonard's education is a strong foundation for his impressive career. He studied at Saint Patrick High School and Our Lady of Grace, receiving diplomas in General Studies, which laid the groundwork for his academic pursuits. He went on to acquire his B.A. in Economics from Northeastern Illinois University, further enhancing his analytical skills and understanding of financial systems. His decision to obtain a Juris Doctor from the reputable University of Illinois Chicago School of Law reflects his commitment to blending legal knowledge with financial acumen.

Leonard’s educational journey also included general studies courses from City Colleges of Chicago-Wilbur Wright College and Saint Mary's University of Minnesota. These experiences enriched his varied knowledge base and prepared him for the dynamic challenges of the finance industry.

As part of his dedication to employee development, Leonard places a strong emphasis on training and team building. He understands that nurturing talent and cultivating a collaborative environment fosters innovation and drives business success. His expertise in financial forecasting, due diligence, and the development and implementation of accounting policies and procedures has positioned him as a valuable asset to every organization he has been part of.

Notable Achievements

Throughout his career, Leonard has made notable achievements that reflect his expertise and commitment to excellence in the accounting and legal fields. As a Senior Management professional, he has successfully implemented sophisticated financial strategies that require a deep understanding of both accounting principles and legal frameworks. This unique skill set has enabled him to provide comprehensive solutions tailored to the specific needs of real estate investments.

His involvement with various organizations, including his roles as Controller at Heartland Alliance and Assistant Controller at Tri-Land Properties, allowed him to exercise his skills in financial oversight and strategic planning. Here, he demonstrated his ability to not only manage accounting processes but also contribute to the broader business goals of the organizations.

Leonard also played a significant role as an Operations Analyst/Accounting Manager at Landau & Heyman, Inc., where his detailed-oriented approach and innovative ideas helped streamline operations, enhance financial reporting, and improve compliance with industry standards.

The cumulative experience as a Property Accountant at Baird & Warner and as a Junior Accountant at Goodman Realty Group further solidifies Leonard’s status as a knowledgeable and well-rounded professional in the real estate sector. His ability to negotiate and draft contracts has proven invaluable in fostering strong relationships and ensuring favorable outcomes for clients and stakeholders.

In summary, Leonard M. Grandsart, JD, CPA is a distinguished professional with a wealth of knowledge in accounting, law, and real estate. His impressive track record, combined with his commitment to employee development and excellence in financial management, makes him an exceptional leader in the field. As he continues to navigate and contribute to the dynamic landscape of financial services, Leonard remains dedicated to upholding the highest standards of integrity and professionalism.