The final FASB (GAAP) Lease Accounting Standard was released today. It has been a long time (2006) since the IASB and FASB (IFRS) endeavored to increase transparency and consistency in accounting standards.  Ultimately the two bodies did not agree on everything and there are still two standards, but they are much more similar than before. Additionally,...Read More

Happy New Year!  The time has come again, the time for setting resolutions to get to the gym more often, eat healthier, and overall get in shape. But have you spent any time thinking about your business resolutions, and how to keep your business in shape?  Here is a list of real estate resolutions for...Read More

Tenant Guardian’s real estate representation for Woodland Hills based Viking Cruises has been featured in the San Fernando Valley Business Journal.  Click here to read the full article. Read More

John Tablack has joined Tenant Guardian as a Principal to better serve his occupier clients.  John joins us from CRESA where he served as a Senior Vice President.  A tenacious negotiating style on behalf of his clients combined with John’s financial analysis background have assisted many business owners and CFO’s in their quest to control occupancy costs.  With a...Read More

Most every commercial lease contains a provision requiring both the tenant and the landlord to buy insurance.  Typically, several forms of insurance are required, including Commercial General Liability, Physical Damage, Workers Compensation, and Business Interruption (rental loss for landlords). The most often negotiated components of the insurance provision regards the actual limits of liability and the amount of the...Read More

As a tenant rep I have to take a pretty hard line on landlords to ensure my clients get a good deal and that the “benefit of the bargain” is properly documented in the lease.  But it is important to note that the relationship between the landlord and tenant is a long term one, and nurturing that...Read More

Personally, I think we are getting close to the top (ie: end) of the real estate cycle.  Over Easter weekend I was talking to some family and friends that are active in the real estate industry and noticed a few catch phrases like “it’s different this time,” “this location has no downside,” and “there is...Read More

If you have been following the ongoing joint efforts of the FASB and IASB (IFRS) to converge and change lease accounting standards, it has been a long road.  Globalization, the financial crises and several bad actors, like Enron, brought the two boards together to change accounting methods for more consistency, transparency and reliability.   Two years after...Read More

Sale-Leasebacks, in real estate, are financial transactions whereby an owner of real estate sells its property and then leases it back for a long term.  These transactions have been popular for decades and are a consistent form of financing for businesses.  The question is: Is a Sale-Leaseback right for you? Sale-Leasebacks are not the right solution...Read More

If you had a brain tumor, would you see a general practitioner or an orthopedic surgeon?  Of course you would not!  You would see a neuro-oncologist. The same goes for brokerage, you need a specialist.  Many people are unaware of the value in hiring a Tenant Representative specialist when leasing space, and, in particular, when...Read More