Get a CAM reconciliation done today!
Did you know that 30% off of landlords end up undercharging their clients and losing money on their lease as a result? The culprit is usually CAM.
Common Area Maintenance (CAM) is a crucial element of your lease's operating income. CAM charges run into thousands of dollars every year.
As a landlord, it is very important to ensure that you consistently track and review the CAM charges levied by you upon your tenants to ensure they are accurate, as errors that are embedded in the lease, year, on year can cost you dearly.
RE BackOffice helps landlords save hundreds of
thousands of dollars every year through accurate CAM
reconciliations.
As a part of our CAM reconciliation services, we offer-
CAM charges
reconciliation
Insurance charges
reconciliation
Invoice processing
and audits
Real Estate Taxes
reconciliation
WHO
WE ARE!
Rebolease.com, powered by RE BackOffice, Inc., is a global boutique firm specializing in real estate marketing and lease services. Our Lease Services Group (REBOlease.com) provides Lease Administration, Lease Abstraction, CAM Reconciliation services to clients across diverse industries, covering every type of lease on any lease administration platform. Since 2006, we have diligently served over 1000 clients giving us the experience needed to be a trusted partner. Whether we are utilizing this comprehensive expertise or harnessing the power of our proprietary lease abstraction software, we bring an unparalleled strategic and financial advantage to our clients.
Hands-on experience across all leading
lease administration platforms
Trusted by Industry Leaders
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Discover effective methods for optimizing CAM audits, improving operational transparency, boosting efficiency, and minimizing tenant conflicts.
Download WhitepaperCAM Reconciliation: FAQs for Landlords
CAM (Common Area Maintenance) reconciliation is the process of comparing actual operating expenses for shared property areas with the estimated charges billed to tenants during the year. It ensures that tenants are billed fairly and accurately, and helps landlords recover their rightful expenses. It's essential for maintaining transparency, tenant trust, and the financial health of a property.
CAM reconciliation is typically performed annually, shortly after the end of the fiscal year. This timing allows all expense data to be finalized and reviewed before issuing reconciliation statements to tenants.
CAM charges commonly include costs related to maintaining and operating shared spaces—such as landscaping, security, janitorial services, parking lot maintenance, snow removal, utilities for common areas, property management fees, and repairs.
We use a structured approach that includes detailed expense analysis, lease abstraction, cross-checking against budgeted amounts, and software tools to ensure accuracy. We also verify expense classifications and review lease terms thoroughly to allocate costs appropriately.
Yes, our service includes a historical review that can uncover missed or underbilled CAM charges from prior years. If leases permit retroactive billing, we can assist in recovering those amounts while maintaining compliance and tenant communication best practices.
In the event of a tenant dispute, we provide detailed reconciliation reports, source documents, and lease clause references to support the calculations. We can also assist landlords with tenant communication and help clarify any discrepancies to resolve issues efficiently.
Absolutely. We calculate gross-ups for variable expenses like utilities or janitorial costs, especially when occupancy levels are below 100%. This ensures equitable cost-sharing among tenants in accordance with lease provisions.
Each lease is carefully reviewed to identify caps on CAM charges, exclusions, or unique clauses. We incorporate these terms into the reconciliation to ensure each tenant is billed correctly and fairly, based on their individual lease terms.
Yes, our CAM reconciliation process is compatible with most leading property management software platforms, including Yardi, MRI, RealPage, and others. We can work with exported data or directly within your system if needed.
To begin, we typically need:
- Final operating expense reports
- Tenant lease agreements
- Prior year's reconciliations (if available)
- Occupancy reports
- Budget/forecast data
- Access to property management software (if applicable)
With this information, we can start the reconciliation process efficiently and accurately.