Are Retailers Prepared for New Lease Accounting Standards?
Sharing an article appearing in the National Real Estate Investor, NRTA member Kim Esposito offers the following information that reports 61 percent of industry professionals are not ready for FASB requirements. read more
Save the Date for Expanding Knowledge 2016
Save The Date!
September 18-21, 2016
NRTA's Expanding Knowledge Conference will feature over 50 courses and 15 discussion groups, each being led by some of the most prominent real estate lease management experts in the field. Among the courses will be multiple sessions on the new FASB standards, as well as international courses focusing on China and the U.K. learn more
Update 5/24/16: conference brochures are being mailed. The digital version is also available here.
Stop losing profits through your leases
Stop losing profits through your leases is the message delivered to retail Chief Financial Officers this week. Paul Kinney, executive director and co-founder of the National Retail Tenants Association (NRTA) advises retail executives, “The better your lease administration people do their jobs, the more profits improve.” read more...
Sometimes It Is Better to Ask For Permission First
Tenant assumed the lease of a property in Texas that was being used as a fast food hamburger restaurant. There were ten years remaining in the term when the lease was assumed and the lease required Tenant to operate as a specified hamburger brand, in accordance with Tenant’s franchise agreement. Tenant’s franchise agreement required that all restaurants in the chain be remodeled every seven to ten years. The lease prohibited Tenant from making alterations to the interior or exterior of the property, without obtaining Landlord’s prior written approval. read more...
From Optimism and Innovation…to the Power to Make a Difference
A lot has happened since I first wrote to you as the newly-elected President of the NRTA. Since then, I have found religion! Business religion, that is. I’ve strengthened my faith in the power of the NRTA. I’ve witnessed the work by so many to make the corporate real estate industry into a highly valued business component for retailers and office tenants everywhere. Read More...