Commercial-property firms nervous about lease-accounting proposal

05/30/2013 | CoStar Group

Companies in commercial real estate are concerned about the impact on tenant behavior that could result from a recently proposed lease-accounting standard. Fitch Ratings says the proposal could increase short-term leases. The Real Estate Roundtable and 13 members of Congress have written to Financial Accounting Standards Board Chairwoman Leslie Seidman asking for the release of a cost-benefit analysis to ensure there are no "unintended consequences" for property markets.

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