Howard Roth


Key Accounting Changes in Store for Investors, Tenants Alike

By Howard Roth, Ernst & Young:
The proposed new accounting for leases model is a fundamental change to lease accounting that requires all parties to lease contracts to change the way they think about leases.

Pondering the Outlook for the REIT Model: Where to From Here?

Without question, the global financial crisis exposed some weaknesses in the REIT model. The distribution requirements in most REIT regimes, which require the majority of earnings to be paid to shareholders each year, made it difficult for REITs to conserve cash to weather the storm.