For almost forty years, when contemplating the strategic benefits of computer automation across a business enterprise, we have always been guided by a simple acronym, GIGO: Garbage In, Garbage Out. As every aspect of business is racing towards the explosion of AI applications, it is even more important to realize that the most critical element … Continued
In the years leading up to the 2019 Transition Date for ASC 842 and IFRS 16, we authored a couple of articles on FASB’s Gift and Moneyballing CRE where we projected that the significant investment in new systems, data assembly, financial integration and new processes and controls would pay substantial dividends in the overall asset … Continued
Thanks for the great feedback on my last post on short-term leases, I received a few questions about this statement on potential negative impacts, “Signing short-term leases exposes a lessee to tremendous risk in retaining the underlying asset, and to predict the cost of that lease.” I’ll expand on those two risks here.
In the lead up to, and adoption of, the new lease accounting standards, many have looked at short-term leases to manage the impact on corporate balance sheets. However, they may be providing false hope.
As a result of the Novel Coronavirus, Accounting Departments within Private and Non-Profit organizations received their second round of relief from the standard boards as it relates to New Lease Accounting effective dates.
In April, the Financial Accounting Standards Board (FASB) provided a Q&A document regarding relief for the rent concessions negotiated from the COVID-19 pandemic. As some of those concessions may be expiring, I’d like to revisit the topic and update some earlier suggestions I made.
New lease accounting standards have opened up a new set of issues for companies. As seasoned consultants on these standards, we are often asked for our real estate perspective. Here is a view on handling commercial ground leases.
Find out how lease accounting changes and new market capital dynamics are impacting commercial real estate and how to develop alternative strategies.
Is our patented Internal Lease Preferred Stock or is a REIT the right solution. Find out the difference.
Jackson Cross Partners, LLC (“JCP”) has developed a program to leverage the investment market’s demand for corporate net leased properties to provide significant rent savings to our corporate clients. Many times there is a significant spread between the current rent being paid, and the capitalized value of the income stream. By restructuring the Lease, JCP … Continued