01/23/2024
11 am PT / 12 pm MT / 1 pm CT / 2 pm ET
*approximate length: 45 minutes to 1 hour
Presenter: Jeff Lapin, CPM®
In this webinar, IREM Instructor Jeff Lapin, CPM, will synthesize the rationale for property owners to charge tenants for their share of operating expenses. He will also describe in a logical, step-by-step way, the process of reconciliation of tenant’s share of CAM expenses from segregation of operating expenses into CAM and Non-CAM to determining and billing each tenant’s share of such expenses. Jeff will also cover tips and tricks and best practices that make this process understandable and non-intimidating, even for Property Managers new to the process.
Learning Objectives
- Review the theories and reasoning behind the CAM process
- Look further into the specific steps involved in reconciling a tenant’s share of CAM
- Dive into tips, tricks, and best practices for CAM reconciliation
Jeffrey Lapin, CPM® is an expert in commercial real estate management and operation including standards of practice, policies and procedures for maintenance, property management, risk management and financial operation with over 35 years of hands-on operations knowledge and experience. He has an MBA from Pepperdine University in Malibu, California.