Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The new lease accounting standards are fundamentally transforming the rules that govern accounting for almost all types of leases. Under the new rules, operating leases now appear on the balance sheet as an obligation and a related right of use (asset). For some companies, this means anywhere from $5 billion, $10 billion or more on their balance sheets. This hefty liability creates a unique opportunity for corporate real estate (CRE) to align with finance as visibility into leases and the resulting financial implications become more important than ever.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.