Our CAM Reconciliation Services provide a specialized focus on the complex process of Common Area Maintenance (CAM) reconciliation, with a primary goal of maximizing tenant recoveries while ensuring full transparency and compliance. The service is a highly technical process that begins with a meticulous Lease Review & CAM Recovery Analysis to accurately identify all recoverable expenses, exclusions, caps, and escalation provisions defined in the tenant leases.
Following the lease review, we conduct a thorough Recoverable Expense Evaluation by reviewing the property's general ledger to precisely determine the allowable and recoverable CAM expense pools in strict accordance with the lease terms. We then move on to the calculation phase, which includes performing necessary CAM Adjustments & Gross-Up Calculations—a key technical step in optimizing overall tenant CAM recoveries.
The culmination of the process is the professional preparation of the Year-End CAM Reconciliation & Billing, where all tenant-level CAM billings are finalized and aligned with the current year’s estimated CAM charges. To ensure full accountability, we provide complete CAM Process Documentation & Audit Trail for the methodology, assumptions, and calculations, and offer essential Tenant Audit & Inquiry Support to professionally address all tenant CAM audit requests and reviews.
Review of tenant leases to identify CAM inclusions, exclusions, caps, and escalation provisions applicable to recoverable expenses.
Detailed review of property general ledger to determine allowable and recoverable CAM expense pools in accordance with lease terms.
Calculation of gross-ups and other applicable adjustments to accurately reflect recoverable costs and optimize tenant CAM recoveries.
Preparation of year-end CAM reconciliations, tenant-level CAM billings, and alignment with current-year estimated CAM charges.
Complete documentation of the CAM reconciliation methodology, assumptions, and calculations to ensure transparency and audit readiness.
Support in responding to tenant CAM audit requests, questions, and reconciliation reviews.
