Field notes
What actually breaks a CAM reconciliation
Notes from real leases and real ledgers: the clause that changes the number, the amendment nobody read, the GL line that shouldn’t be in the pool.
- 5 min read
Why did my share of building expenses go up in a year the building was half-empty?
Why CAM charges rise when a building is half-empty: the occupancy gross-up, a worked strip-center example, and the $2,333 mistake of grossing up fixed costs.
Read the note - 6 min read
Cumulative vs. compounding CAM cap: what the difference actually costs you
A worked dollar example comparing cumulative, compounding and annual-reset CAM caps on the same tenant, same pool, four years of actuals.
Read the note - 4 min read
What documents do you actually need for a CAM reconciliation?
Ten documents decide a CAM reconciliation and the lease is only the first. What each one settles, and what the number does when it isn’t in the folder.
Read the note - 5 min read
Is the tenant’s pro-rata share in the signed lease still the right number?
A signed lease put the tenant’s share at 15.16%. An amendment filed later moved it to 58.83% — a $174,680 gap in one year, on one tenant.
Read the note