Lessor Accounting: Savvy Landlords Under New GAAP

By Mark Leverette of BPM LLP [dropcap]T[/dropcap]he recent updated rules for business leases, as prescribed by the Financial Accounting Standards Board, or FASB, will affect developers, landlords and real estate investment funds. Those lessee companies that are heavier in leased assets, or off-balancesheet lease liabilities, will certainly be affected in a big way. However, let’s […]