Ten on One – Lease Accounting with John DeCouto AND We Have Moved!

August 7, 2024

Please Note:  After 25 years, we have moved! Our new address is: 5090 N 40th Street, Suite 300, Phoenix, AZ 85018! 

Money matters in real estate leasing.  In our latest Ten on One, we had the opportunity to spend 10 minutes with John DeCouto, Senior Managing Director at Lee & Associates Atlanta. John has 30 years of experience in client-focused real estate and we put his knowledge to the test!  Here are a few takeaways from our discussion on lease accounting:

— We are living in different times and with that comes different rules. The rules for lease accounting have changed and as brokers, we need to stay up to date.

— Tenants have different priorities for accounting so landlords need to be more flexible with deal structures and how they are charging for rent and tenant improvements.

— Make sure to speak to the tenant CFO before you begin to work on a deal.  Learn their language.  You will most likely gain their trust and give them peace of mind.

— Lease accounting is very important, but the bigger your portfolio, the more important it becomes.  

Watch until the end for a summary of the important points from our chat.

 

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