Every commercial property owner loves the idea of recovering operating expenses through common area maintenance (CAM) charges—until the year-end reconciliation shows up and tenants are confused, ...
Ari Chazanas is the founder and CEO of Lotus West Properties, a property management and investment firm based in West Los Angeles. Tenant improvement (TI) and common area maintenance (CAM) are just as ...
Keeping properties running smoothly and tenants satisfied are the key parts of a property manager’s role, but one aspect of that role that can be particularly complex is common area maintenance ...
The specific inclusions and exclusions can vary significantly based on the type of lease (e.g., Gross, Modified Gross, Triple Net) and are often heavily negotiated. One common provision found in ...
TROY, N.Y. (NEWS10) — Troy Mayor Carmella Mantello released a video addressing Common Area Maintenance (CAM) fees that the landlord said are owed on Troy City Hall. Mantello acknowledged the ...
GRAND FORKS — Some Grand Cities Mall tenants expressed surprise and confusion after recently receiving a new bill from the mall’s owner, Land of Hope LLC, but the LLC’s operations and development ...
TROY, N.Y. — Troy’s rent dispute of $184,000 in Common Area Maintenance (CAM) charges in City Hall’s lease for the Hedley Building is now public. However, Mayor Carmella Mantello said the city has ...
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