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Tag: Offshore CAM Reconciliation

CAM-Reconciliations-and-3-Things-for-Landlords-to-Consider
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Monday, 09 May 2022 / Published in CAM Reconciliation, Real Estate
CAM Reconciliations and 3 Things for Landlords to Consider
The real estate industry often uses jargon like NNN, pro-rata, CAM and so much more. If you are leasing your property or investing in a property, you would have definitely heard of the term CAM. Not sure of what CAM actually is? Let us now get to know its definition. CAM (Common Area Maintenance) Common
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How a CAM reconciliation outsourcing partner helps optimize process efficiency
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Thursday, 03 February 2022 / Published in CAM Reconciliation, Real Estate
How a CAM reconciliation outsourcing partner helps optimize process efficiency
Common area maintenance (CAM) reconciliation is an annual process that forms an integral part of any commercial lease administration. It is critical for property managers, who are tasked with handling this task, to understand how the process progresses through the year and have clear visibility into the relevant data.  CAM reconciliation is a complex, time-consuming
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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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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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Do not let incremental losses stack up - Ensure timely CAM reconciliation
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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
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How can improving CAM reconciliation impact leasing strategy?
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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
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Top 5 best practices for CAM reconciliation
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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.
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