by Cathy Kottwitz | Feb 26, 2018 | Leases, Property Management
If your business has a triple net (NNN) lease, you will receive a reconciliation letter from your landlord usually by the end of the first quarter after the calendar year ends. The purpose of this letter is to reconcile the estimated monthly payments made during the...
by Cathy Kottwitz | Mar 15, 2017 | Leases, Property Management
Aside from the base rent, common area maintenance (CAM) charges are some of the largest additional leasing costs that tenants may see. Here, we give an overview of what CAM charges are and ways to manage them. What are Common Area Maintenance (CAM) Charges? In a...