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Category: CAM Reconciliation

Do not let incremental losses stack up - Ensure timely CAM reconciliation
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Admin
Monday, 27 April 2020 / Published in CAM Reconciliation, Real Estate
Do not let incremental losses stack up – Ensure timely CAM reconciliation
Common area maintenance (CAM) charges play a key role in managing and maintaining commercial properties. CAM charges are not standardized and vary from one property/landlord/market/location to another. To maintain transparency with tenants these expenses are allocated appropriately and proportionately, and it is therefore important to follow the lease terms and guidelines and ensure accurate calculations
CAM reconciliationCAM Reconciliation Outsourcingcommercial real estateOffshore CAM Reconciliation
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How can improving CAM reconciliation impact leasing strategy?
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Admin
Thursday, 23 January 2020 / Published in CAM Reconciliation, Real Estate
How can improving CAM reconciliation impact leasing strategy?
Common Area Maintenance (CAM) reconciliations for commercial properties can be a nerve-racking task. It is given that commercial real estate accounting can be challenging and tricky if not done diligently and timely. This is one area that is prone to human errors. Due to inaccurate and incomplete CAM reconciliations landlords not only suffer huge negative
CAM auditCAM ChargesCAM Reconciliation ServicesOffshore CAM ReconciliationOutsource CAM Reconciliation
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Top 5 best practices for CAM reconciliation
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Admin
Thursday, 07 November 2019 / Published in CAM Reconciliation, Real Estate
Top 5 best practices for CAM reconciliation
Common area maintenance (CAM) reconciliations are important as the money recovered is used to operate and maintain the property. Commercial property CAM reconciliation is complex, arduous and time-consuming task. It demands focused and meticulous review of multiple leases and accurate calculation of tenant share based on lease terms, granted modifications and other pre-determined expense caps.
CAM Reconciliation ProcessOffshore CAM ReconciliationOutsource CAM Reconciliation
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3 solid reasons why you should hire a CAM reconciliation service right away
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Admin
Thursday, 12 September 2019 / Published in CAM Reconciliation, Real Estate
3 solid reasons why you should hire a CAM reconciliation service right away
The US Law defines CAM charges as the expense that a tenant is expected to pay up on a pro-rata basis towards the annual maintenance, repair and operation of common utility areas, as incurred by the landlord / property owner. In the real scenario, CAM charges are basically whatever the landlord has mentioned in the
CAM AuditsCAM ChargesCAM Reconciliation OutsourcingCAM Reconciliation Serviceslease administrationOffshore Lease Administration
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Judd Bennett
Wednesday, 07 August 2019 / Published in CAM Reconciliation, Real Estate
How erroneous CAM reconciliation can result in major losses for commercial real estate owners?
Common Area Maintenance (CAM) and other operating expenses are carefully defined and included in the lease. While these clauses clearly outline the tenant expenses, more often than not real estate owners end up losing money due to incorrect reconciliation. Inaccurate CAM reconciliations can result in losses that can run up to tens of thousands of
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