How to Transition to the ASC 842 Lease Accounting Standards
An estimated $3 Trillion dollars in lease liabilities is going onto the balance sheet with the ASC 842 standards. While…
Navigating the Deal Process from Planning to LOI
The art of the real estate deal is a nuanced and finesse coordination between the tenant, their tenant representation and…
How to Perform a Lease Classification Test
After collecting and organizing your organization’s contracts, you’ll want to determine if each individual contract is a finance or an…
How Space Utilization Analytics Help Level Up Your Real Estate Strategy
Space utilization is more important than ever before. If you’re not using space analytics to level up your real estate…
How to Determine the Discount Rate Under ASC 842
One of the key differentiators when Comparing ASC 840 to ASC 842 is that now all leases, both finance (previously…
New: Unlock your Real Estate Data with Occupier Analytics Dashboard
If you manage a real estate portfolio, then you know the grind of staying on top of critical dates, lease…
Is the Third Workspace Here to Stay?
The third workspace has now become essential for modern day business. With COVID-19, the work from home experiment accelerated a…
The Impact of ASC 842 on Debt Covenants and Bank Capital Requirements
The new lease accounting standards are here. And these guidelines are expanding your balance sheet liabilities. It is estimated $3…
Comparing ASC 840 to ASC 842: Going From Old to New Lease Accounting Standards
In 2005, the Securities and Exchange Commission recommended FASB address a lease accounting project. Under ASC 840, corporations were required to report on off-balance-sheet arrangements. Fast forward to today, and ASC 842 is replacing ASC 840 and creating new guidelines that say all lease liabilities should be accounted for on the balance sheet.