CAM Estimates and Reconciliation Breakfast
CAM or Common Area Maintenance, reconciliations, expense pools, escrows, base years, expense exclusions, contributors, and lease caps. All these terms as elements of a CAM reconciliation can be confusing to understand. Especially if you never had to go through the process of completing a CAM reconciliation. The additional income generated from accurately reconciling the CAM costs and capturing the expense participation per negotiated Lease agreements can significantly contribute to the property’s NOI.
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