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Andrew Zezas & Greg Libertiny Present Corporate Real Estate & Lease Accounting Changes to Finance Executives at FEI
Corporate Real Estate Advisors Share Impact and Expectations on Market Fundamentals and Decision-Making
(Somerset, New Jersey): Real Estate Strategies Corporation, the New Jersey based corporate real estate advisory and transaction services firm announced today that its CEO and the Host of CFO Studio, Andrew Zezas, SIOR and Greg Libertiny, CPA, CFF, ABV presented a one hour professional development session to a group of diverse, senior financial executives. The presentation, entitled “Hang On…It’s Going to be a Wild Ride!” was one of three back-to-back presentations to finance executives. Other presenters included executives from Solomon Edwards group and TD bank. The event, sponsored by the New Jersey Chapter of Financial Executives International, was held on Feb 1st, at the Hanover Manor in East Hanover, New Jersey.
Mr. Zezas said “Corporate real estate fundamentals can be very confusing, even for very sophisticated executives. This is especially true, given the recent economic challenges experienced by companies and commercial landlords worldwide.” He added “Add to that, proposed changes in lease accounting as a means of converging GAAP and IFRS, and the corporate CFO has his or her hands full!” Greg Libertiny, an executive at Real Estate Strategies Corporation and a co-presenter offered “that the lease accounting changes jointly proposed by the IASB and FASB are among the most sweeping changes we’ve seen in years. Those finance executives who don’t fully understand its impact on reporting and financial statement presentation, banking agreements, and commercial leases of all kinds, will be unable to properly protect their companies’ interests.”
About Financial Executives International
Financial Executives International is the preeminent association for CFOs and other senior finance executives. FEI provides networking, advocacy and timely updates and CPE on financial management and reporting; Sarbanes-Oxley Act compliance; regulatory updates from the SEC, FASB, PCAOB and IASB; as well as career management and executive-level and other finance & accounting jobs.
About Real Estate Strategies Corporation
Real Estate Strategies Corporation is a respected corporate advisory and transaction services firm that provides thought-leadership, decision-making, planning, project management, and transaction execution services to financial and senior executives at management team-led public, private, and portfolio companies, and not-for-profit organizations. Under the leadership of its award-winning CEO, Andrew B. Zezas, RealStrat’s clients engage the firm when acquiring, disposing, renegotiating, or enhancing occupied leased or owned real estate in New Jersey, Pennsylvania, New York, Connecticut, and throughout North America. By creating and executing Business DRIVEN Real Estate Solutions and identifying hidden Opportunities, RealStrat drives greater operational and financial performance in support of its clients’ stakeholder objectives, M&A requirements, and exit strategies.
In the current economic environment, RealStrat’s efforts are focused on uncovering, capturing, and re-purposing hidden liquidity and minimizing risk in its clients’ leased and owned real estate. The firm provides counsel as to competitive advantage strategies in preparation for the eventual economic recovery. Visit www.RealStrat.com.
About CFO Studio
CFO Studio spotlights New Jersey area senior finance executives, providing them with the opportunity to share their knowledge and communicate their perspectives on current economic, financial, operational, and business issues. Visit www.CFOstudio.com.
Funding for CFO Studio is provided by Real Estate Strategies Corporation, providing corporate real estate advisory and transaction services to CFOs, Management, and corporate Boards in New Jersey and around the United States. Andrew Zezas, CEO of Real Estate Strategies Corporation, is the host and moderator of CFO Studio.
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