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ABOUT OUR LEADERSHIP
Our advisors are passionate, forward-thinking entrepreneurs who are driven to see their clients succeed. Our professionals strive to provide actionable business advice that allows businesses to save money, strategically scale and perform at peak operational efficiency.
Meet our leadership
Michael Mastruzzo, CPA
Partner
Expertise: Real Estate
Parsippany, NJ | 973.472.6250 | mmastruzzo@saxllp.com
Education
- B.S. in Finance and Accounting, Leonard N. Stern School of Business at New York University (NYU)
- Certificate in Real Estate Capital Markets, NYU’s Schack Institute of Real Estate
About
Michael is a Real Estate Advisory Partner in SAX. He joined the firm in June 2025 and he will work closely with practice leaders in the growth across the firm’s advisory solutions, with a focus on client accounting services and fractional finance. Michael will also work alongside leadership to identify new solutions relevant to the industry. Throughout his career, Michael has guided clients who own, operate and invest in real estate through all different sectors, including hospitality. His experience has also provided the opportunity to work with investment vehicles which report pursuant to Financial Accounting Standards Board (FASB) 946, Investment Companies or the National Council of Real Estate Investment Fiduciaries (NCREIF), and Pension Real Estate Association (PREA) Reporting Standards. Michael’s background has allowed him to guide clients through challenges that involve accounting for complex lease transactions, purchase accounting pursuant to FASB ASC 805, Business Combinations, evaluation of variable-interest entities and consolidation pursuant to FASB ASC 810, Consolidations, assessment of preferred equity instruments as debt or equity pursuant to FASB 480, Distinguishing Liabilities from Equity, evaluation of impairment and other accounting treatments pursuant to ASC 360, Property and Equipment.
Prior to his time with SAX, Michael was the Real Estate Practice Leader at Centri Business Consulting, LLC where he built and grew a new industry vertical to approximately 5% of the firm’s revenue through his tenure with the firm. During that time, Michael served a full spectrum of entities in the real estate space bringing solutions to both public and private clients that include the preparation of technical accounting position papers, outsourced CFO serves, audit readiness and financial reporting, and internal audit / Sarbanes Oxley (SOX) Compliance.
A large part of Michael’s career was with RSM US LLP for almost 18 years within the audit function, where he supported a full range of clients from family office to private equity real estate as well as public clients. As an SEC client-server, Michael gained experience in the requirements for annual 10-K and quarterly 10-Q filings, SOX compliance, debt, and equity underwritings, including initial public offerings. Further, Michael served clients going public in accordance with Reg A+. Through this, he guided clients through the initial Form 1-A filing, the annual Form 1-K filings, semi-annual Form 1-SA, and Post Qualifying Amendments. Michael’s experience allowed him to identify complex accounting issues and deliver appropriate advice to his clients. While at RSM, Michael was a part of the National Real Estate Industry Team and part of the leadership team within the firm’s Tri-State Real Estate Industry Team. In these roles, Michael helped build a cross-functional practice that operated cohesively between regions and across the Lines of business. Michael was instrumental in the development of the firm’s Resource Delivery Center in India, where he worked to identify needs for training, resources, and mentor programs through the initial stages of this group’s development
Michael received his B.S. in Finance and Accounting from the Leonard N. Stern School of Business at New York University (NYU) in 2004 and has received a certificate in Real Estate Capital Markets from NYU’s Schack Institute of Real Estate. Michael is a Certified
Public Accountant in both New York and New Jersey.
Michael’s passion for real estate extends into his work as a volunteer for Urban Land Institute – Northern New Jersey District Council, where he serves the organization’s Treasurer and Co-Chair of the UrbanPlan committee. Outside of work, Michael is a baseball enthusiast having coached his township’s travel baseball team for 7 years before recently transitioning to serving as an umpire for youth baseball at a variety of different age groups.
Community
- Treasurer & Co-Chair, Urban Land Institute – Northern New Jersey District Council