Most Private Companies Will Need Another Year to Deal with New Lease Accounting Standards
The Financial Accounting Standards Board has extended the deadline for U.S. private companies and nonprofits to start treating operating leases as liabilities on their balance sheets to the first fiscal year that follows December 15, 2020.
New Regulations May Have Unintended Consequences for California and the Nation
New legislation that will limit the amount of annual rent increases to five percent, plus inflation (CPI), will impact all buildings that are 15 years and older and cause a new batch of buildings to fall under rent control each subsequent year.
From left to right: Johnny Benavente, Gustavo Aguilar Enciso, Jamie Rohrer, Francy Hernandez, Edward Lopes
We Love Our People
No matter if you're talking clients, tenants, residents or employees - loyalty matters. This month, we're proud to highlight several individuals who are celebrating significant anniversary milestones with our company - including five team members who are celebrating 87 combined years of service!