Mention the acronym “FASB” in the halls of commercial realestate and you may start a veritable shouting match. Like someimpending disaster, the fear that FASB will turn the CRE world uponit head (while leaving no prisoners) is rampant and pervasive.Fortunately for us, it’s simply not true. Unfortunately, many havenot got the memo.

Here are concerns that are often voiced in connection with theproposed FASB rule changes and why they will NOT have thedisastrous effects envisioned:

Calkain: Two major marketplace impacts beingposited are shorter-term leases and more corporate ownership. Areeither or both going to become the trend?

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Jonathan Hipp

Jonathan Hipp began his career in real estate over 25 years ago. In his early years as a broker, he ventured into the net lease industry and quickly began leading the US net lease market, closing over $3 billion in transactions. In 2005, Jon founded Calkain Companies, a company focused solely on net lease investment services. As President and CEO, he has been instrumental in building the firm into one of the leading Net Lease real estate companies, transacting over $12 billion of net lease deal volume over the past 13 years. He has expanded Calkain’s services to include brokerage, advisory, asset management, capital markets, and industry research. He has become a well-known resource, panelist, and speaker at various Net Lease and Industry conferences and is a regular contributor to GlobeSt.com on real estate trends. In June 2015, Jon’s passion for the real estate business was again recognized as he was nominated for the Top Real Estate Player in the DC area by SmartCEO magazine.