Kimber Bascom, partner in the KPMG Department of Professional Practice, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
Bascom downplayed concerns that the new leases standard will end leasing activity.
“There are many good reasons why leasing activity will continue to go on even after the accounting standards change,” he said.