Managing the uphill task of CAM reconciliation in the face of Covid-19 pandemic
Friday, 16 October 2020 / Published in 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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Do not let incremental losses stack up - Ensure timely CAM reconciliation
Monday, 27 April 2020 / Published in 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
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