New lease accounting standards went into effect on January 1 of this year. These changes will have a direct impact on CRE in the months ahead.
With leases now appearing on the corporate balance sheet, they’ll have a bigger impact on your company’s financial position. And since real estate leases are often an organization’s second largest expense, your real estate portfolio is sure to see increased attention from your C-suite.
While the accounting changes present challenges to CRE professionals, they also give you an opportunity to gain influence with your executive leadership by taking a proactive approach to optimizing your real estate portfolio.
Read this FREE eBook to discover:
- The top 3 challenges CRE will face and how you can successfully navigate them
- The 8 questions to ask when evaluating your real estate efficiency
- Why partnering with Finance will set you up for the greatest success
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