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Category: CAM Reconciliation

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Friday, 15 October 2021 / Published in CAM Reconciliation, Real Estate
CAM reconciliation – where to start and who can help
Annual common area maintenance (CAM) reconciliation is one of the most tedious processes that is notoriously error prone. Despite the fact it is also one of the processes that is often overlooked by commercial property owners, resulting in errors in reconciliation that over time results in thousands of dollars in losses.  Reconciling CAM expenses against
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CAM-reconciliation
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Wednesday, 22 September 2021 / Published in CAM Reconciliation, Real Estate
Three things you should know about CAM reconciliation
Common area maintenance (CAM) expenses are a standard and key part of any commercial lease that helps cover the operating expenses These charges are calculated on a pro-rata basis and passed on to the tenants. That said, despite its importance in the upkeep of a property, the lack of a unified template for reconciling CAM
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Top-3-reasons-to-outsource-CAM-reconciliation-services
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Monday, 09 August 2021 / Published in CAM Reconciliation, Real Estate
Top 3 reasons to outsource CAM reconciliation services
Common area maintenance (CAM) is one of the most contentious clauses in a commercial lease contract. Tenants are mostly on guard regarding the expenses charged under CAM costs. As such the process of reconciling these expenses demand time, meticulous attention, and a thorough understanding of the clause and the type of expenses that can be
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3 ways to select the right CAM reconciliation support services provider for your business
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Thursday, 29 July 2021 / Published in CAM Reconciliation, Real Estate
3 ways to select the right CAM reconciliation support services provider for your business
Common area maintenance (CAM) reconciliation is a key process in commercial leasing as it helps recover the money used to maintain and operate the property. But CAM reconciliation is a tedious, complex, arduous, and time-consuming task that demands dedicated focus, attention, and skill.  Given the challenging requirements and increasingly growing complex commercial lease portfolios, most
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The impact of COVID-19 on operating expenses and the criticality of CAM reconciliation in managing the bottom line
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Thursday, 24 June 2021 / Published in CAM Reconciliation, Real Estate
The impact of COVID-19 on operating expenses and the criticality of CAM reconciliation in managing the bottom line
The Covid-19 pandemic has had a disruptive impact across every industry sector but hardly in the way, it has impacted the real estate sector. The commercial leasing business especially has been severely impacted with businesses largely adopting the work-from-home approach, most commercial buildings have remained mostly unoccupied since March 2020. While the sector is starting
CAM Recon ServicesCAM reconciliation challengesCAM Reconciliation OutsourcingCOVID-19 Impact on Real Estatereal estate support services
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CAM Reconciliation Challenges
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Thursday, 08 April 2021 / Published in CAM Reconciliation, Real Estate
5 most common issues that derail CAM reconciliation process
Even though common area maintenance (CAM) reconciliation is one of the critical processes in commercial leasing that contributes to accurate accounting and cashflow, it remains a challenge for most. Because reasons vary as to why CAM reconciliation is a source of stress and anxiety, there are no one-size-fits-all solution for simplifying this process. Even the
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CAM reconciliation Frequently Asked Questions
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Friday, 02 April 2021 / Published in CAM Reconciliation, Real Estate
CAM reconciliation Frequently Asked Questions – Part II
This our second and last blog post of the series CAM reconciliation FAQs. In this post we will walk you through some of the key aspects of CAM reconciliation that can help you streamline the task. How to calculate CPI within CAM reconciliations? According to the Bureau of Labor Statistics (BLS) website Consumer Price Index
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CAM reconciliation FAQs
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Tuesday, 09 March 2021 / Published in CAM Reconciliation, Real Estate
CAM Reconciliation FAQs
In a commercial real estate leasing common area maintenance (CAM) charges are operating expenses that play a key role in maintaining a healthy cash flow and the property. CAM reconciliation, while a straightforward process on paper, is one of the most tedious and complex tasks in practice. In this two part blog series we have
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Top 3 things to consider to ensure accurate CAM reconciliation
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Monday, 15 February 2021 / Published in CAM Reconciliation, Real Estate
Top 3 things to consider to ensure accurate CAM reconciliation
Common area maintenance (CAM) expenses are operating expenses of a building that are reconciled annually and billed to the tenants in case of a shortfall. CAM reconciliation entails adding up all expenses incurred throughout the year and tallying it against the estimated CAM charges billed to the tenants. While the processes may seem simple it
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Managing the uphill task of CAM reconciliation in the face of Covid-19 pandemic
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Friday, 16 October 2020 / Published in CAM Reconciliation, Real Estate
Managing the uphill task of CAM reconciliation in the face of Covid-19 pandemic
Common area maintenance (CAM) charges play a key role in the upkeep of the commercial property. CAM fees, as known, as charges passed on to the tenants by the landlord that accounts for the operating expenses of a property. Typically, CAM charges are in Triple Net leases, that also includes property taxes and insurance. CAM
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