Lone Oak Fund names CohnReznick as new audit service provider

Lone Oak Fund has retained CohnReznick, the 11th largest accounting, tax and business advisory firm in the country, as their audit services provider going forward. The hiring of CohnReznick signals Lone Oak's ongoing expansion of its investor base and regional operations, along with their requirement for a CPA firm with a national platform. "While it is still an economically challenging time for many southern California businesses, the retention of CohnReznick clearly signals our growth and market penetration throughout California's premiere geographic areas. This is an opportune time for us to take advantage of CohnReznick's larger national presence and specialization in commercial real estate," said Jerry Ducot, Lone Oak Fund's founder and CEO. "Thanks to the great efforts of Scott Farb and his CohnReznick audit team, they were able to transition our audit needs seamlessly, and effectively address our firm's regulatory requirements," said James Rothstein, Lone Oak Fund's co-founder and president. "We are confident that their unique skill sets will create the potential for further expanding our Fund's operations throughout the region and beyond." "We have always admired Lone Oak Fund's talented management team and their excellent reputation in the marketplace," says Scott Farb, West Regional Director of CohnReznick's Commercial Real Estate Industry Practice and Lone Oak Fund's engagement team leader. "We are delighted that they have selected us to be their independent accounting firm."