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Tag: Outsource CAM Reconciliation

https://www.springbord.com/blog/why-is-outsourcing-cam-reconciliation-beneficial-for-property-managers/
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Friday, 08 April 2022 / Published in CAM Reconciliation, Real Estate
Why is outsourcing CAM reconciliation beneficial for Property managers
CAM reconciliation in itself may not sound like a lot of work but keeping it organized is a little more complicated than it seems. The CAM charges differ from property to property, hence, there is no way to determine the charges and put out a specific rule on how they should be charged.  The year-end
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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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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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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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