Chicago Commercial Real Estate Sales Up

Sales of Chicago-area commercial properties totaled nearly $5.1 billion last year, a 164% gain from 2009, according to Real Capital Analytics Inc., a New York-based research firm.

See the Crain's article by clicking above

Are Rule Makers Backing Off New Accounting Standards For Leases?

New FASB rules could have dramatic effects on company balance sheets.  Two international accounting authorities appear to be moving to scale down proposed new standards that would require landlords and tenants to account for real estate and equipment leases as assets or liabilities on their balance sheets. Many in the commercial real estate industry regard the new rules as onerous, dramatically increasing the complexity of leases for both landlords and tenants.   Click the title above for the article.