Even though common area maintenance (CAM) reconciliation is one of the critical processes in commercial leasing with regards to accounting and cashflow, it remains a challenge for most.
Below are five common issues that property owners have found that can make the reconciliation even more difficult.
- Inaccurate expenses classification
- Lack of time and competing priorities
- Inconsistent process
- Poor documentation and history of reconciliation
- Misinterpretation of lease terms
Coatues experience along with the best CRM in the commercial industry work together to avoid these pitfalls. Reach out anytime.
Coatue Companies is always here to help.