Does CAM mean "Confused And Maddening" to you? Do you dread the closing of the year-end books? CAM reconciliation is a necessary part of life as a real estate manager. This session makes a complex, vexing process understandable by providing an overview of the process, as well as diving deeper into more complex concepts such as CAM pools, 95% occupancy, negotiation and resolving common tenant issues.
After attending this session, participants will be able to:
- Describe the CAM reconciliation process
- Identify why, when and how to use CAM pools
- Identify why, when and how to use 95% occupancy
- Negotiate through CAM caps and base years
- Resolve common tenant issues