Retail, sale leasebacks will be affected by new lease accounting regs

08/12/2010 |

The real estate industry has been bracing for new accounting regulations that would require all lease obligations to remain on the balance sheet. But Mindy Berman, managing director of corporate capital markets at Jones Lang LaSalle, points to two overlooked issues: Sale leasebacks should be much easier to execute under the new regulations, which are expected to be released this month, and real estate retail will take a big hit from them.

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