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CAM Fees Out of Control? How to Fix Your CAMREC | Episode 41: I Own a Shopping Center, Now What?
Manage episode 496029746 series 1746302
Owning a shopping center sounds great—until CAM reconciliation season hits. If you're feeling overwhelmed by surprise expenses, frustrated tenants, and unclear CAM charges, this episode is for you. I break down exactly how CAMRECs (Common Area Maintenance Reconciliations) work, why your tenants might be footing the bill for grocery stores and anchors, and how to protect your cash flow without shocking your tenants with massive invoices.
Whether you're a new shopping center owner or just trying to get ahead of rising costs, Beth shares real strategies she's using right now to avoid $5,000+ surprises, handle tenant disputes, and keep her centers running profitably year after year.
Key Insights:
-Why local tenants often cover the costs anchors like grocery stores avoid
-The three ways landlords handle CAM increases—and which works best
-How to protect your cash flow and avoid massive CAM reconciliation bills
-Why national tenants play games with CAM disputes (and how to handle them)
-The overlooked mistake that can crush your shopping center’s profits
-How to use CAM estimates to smooth out costs and avoid blindsiding tenants
-When to offer payment plans—and when to say no
263 episodes
Manage episode 496029746 series 1746302
Owning a shopping center sounds great—until CAM reconciliation season hits. If you're feeling overwhelmed by surprise expenses, frustrated tenants, and unclear CAM charges, this episode is for you. I break down exactly how CAMRECs (Common Area Maintenance Reconciliations) work, why your tenants might be footing the bill for grocery stores and anchors, and how to protect your cash flow without shocking your tenants with massive invoices.
Whether you're a new shopping center owner or just trying to get ahead of rising costs, Beth shares real strategies she's using right now to avoid $5,000+ surprises, handle tenant disputes, and keep her centers running profitably year after year.
Key Insights:
-Why local tenants often cover the costs anchors like grocery stores avoid
-The three ways landlords handle CAM increases—and which works best
-How to protect your cash flow and avoid massive CAM reconciliation bills
-Why national tenants play games with CAM disputes (and how to handle them)
-The overlooked mistake that can crush your shopping center’s profits
-How to use CAM estimates to smooth out costs and avoid blindsiding tenants
-When to offer payment plans—and when to say no
263 episodes
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