New Rules under Basel III Likely to Affect Commercial Real Estate
[{"id": "ccgbqbp", "text": "What may be a bigger issue when dealing with banks is that the new US accounting rules will consider any operating (e.g., real estate) lease to be an \"asset\", for which they'll have to hold capital reserves.\n\nSo, take a large bank and tack on a billion dollars worth of operating leases, between real estate, technology, &amp;c., and then make them hold reserves against it.", "replies": [{"id": "ccsxsws", "text": "Is that really new or is it that the reserves are going to need to be larger than in the past?\n\n", "replies": [], "depth": 2}], "depth": 1}]