CAM Reconciliation/CAM Audit Services

Corporate Profile Video
Learn More

Innovative Solutions for Complex CAM Reconciliation and Audit Requirements

Request for Information

Cost Savings

30-50% cost savings compared to in-house hired staff or onshore service providers

Staff with at-least six years of relevant real estate experience across leasing and accounting

Skilled Employees

300+ Clients in USA (120+ commercial and residential real estate firms)

Our Clients

18+

Years of Serving the Real Estate Sector

130+

Real Estate Clients in North America

250K+

Units Across Clients

400+

Team Including Graduates, CPAs and MBAs

7

Serving Seven of the Top 50 Real Estate Companies

Common Area Maintenance (CAM) reconciliations can prove to be taxing for you as a property owner or manager. Accounting for expense recoveries and reconciling CAM charges in a commercial lease is complicated, error-prone and time-consuming. OHI provides comprehensive and high quality CAM reconciliation and CAM audit related services. Our team of experienced accountants are well versed with the CAM reconciliation related complexities such as expense inclusions and exclusions, changing base years, expense caps and floors, changing leased areas among others.

OHI is a specialized commercial real estate outsourcing company since 2006, offering lease administration, lease abstraction and lease audit services at very economical rates. Our services are used by 130+ commercial (including retail), industrial and residential real estate companies in California, New York, Texas, Florida, Colorado, Kansas and Washington among others.

Accountants with at-least Six Years of Real Estate Experience

Sq. Ft. Highly Secure Delivery Centre

6+

30000

ImageImage
Icon
Icon

A vertically integrated, full service real estate company based out of Bellevue, WA. They specialize in commercial properties.

HAPPY CLIENTS

A well-known commercial real estate firm based in Tampa (FL). They manage close to 5 million sf of office and retail space.

  • Review tenant leases to identify inclusions and exclusions in Common Area Maintenance expenses and provisions for expense escalation
  • Evaluating general ledger of the property for calculation of allowable(recoverable) expense pools
  • Calculating gross-ups and other relevant adjustments to maximize receivables for the year
  • Generating year-end CAM reconciliation tenant billings and current year estimated CAM tenant billings
  • Document the entire CAM reconciliation process to ensure complete transparency for audit and future reference
  • Support in tenant audits

CAM Reconciliation Services

Useful Links

This article covers CAM expenses and the terms associated with it.

6 tips to make CAM reconciliation easier.

Common Area Maintenance Terms

Top 6 Tips for CAM Reconciliation

Read More
Read More

CAM Reconciliation Process

1

  • Base Year
  • Base Year CAM Charges ( PSF or Fixed)
  • Tenant’s Pro-Rata Share (PRS) and its definition
  • CAM Caps (Y-o-Y/Against Base Year, Cumulative/Non-Cumulative)
  • CAM Floors (if any)
  • Recoverable Expenses Inclusions and Exclusions
  • Renewal Year

Review of the Lease Abstract and Rent Rolls for:

2

Compute Expenses Pools: Creation of expense pools of recoverable expenses based on the above information

Gross-Up Multiplier Calculation: Calculation of Gross-Up Multipliers to adjust for grossed-up occupancy and suitably adjusting the expenses

CAM Expense CAPS/Floors tenant wise Summary: Summarizing CAM expense caps and CAM expense floors tenant-wise

Applicable Period for each Tenant: Review of the move-in and move-out dates to make adjustments for tenants who haven’t occupied full year

Applicable Space Calculation for each Tenant: Review expansion/contraction/shifting of tenants to arrive at allocated area and corresponding period for each area

Finalize Pro-rata Shares based on effective leased areas

GL Review: Scrutinize expense GL’s to ensure proper coding of expenses (only in CAM Audit/Detailed CAM Reconciliation service)

Prepaid Review: Analyze prepaid accounts for any unamortized expenses that should will affect expense pool

Amortizations Review: Review of capital expense and amortizations if leases allow for pass-through of certain capital expenses

Calculate Expense Recoveries: Finalize expense pools and calculate expense recoveries based on the above parameters

3

4

5

6

7

8

9

10

11

Streamlining CAM Reconciliation/CAM Audit Services

Learn More Now

Software Expertise

We have high expertise across multiple accounting, real estate, property management softwares and oracle packages used in USA.

Pricing

* Flat fee quotes can be given for assignments with defined and limited scope of work and low complexity leases

SIMPLE CAM RECS. - HOURLY CHARGES

$13

* per hour

Request a Quote

DETAILED CAM RECS. - HOURLY CHARGES

$17

* per hour

Request a Quote

FULL TIME CHARGES

$2400

*Onwards (160 hours per month)

Request a Quote

Pricing

Our indicative standard charges for Fund Accounting Services are listed below.

SIMPLE CAM RECS. - HOURLY CHARGES

$13

* per hour

Request a Quote

DETAILED CAM RECS. - HOURLY CHARGES

$17

* per hour

Request a Quote

Note

* Flat fee quotes can be given for assignments with defined and limited scope of work and low complexity leases

Note

The above charges are indicative charges for standard services to be performed by the particular role on a full-time basis (160 hours per month). A final quote will depend on the work-volume, activities required and the working hours. Part-time and flat fee quotes are also available

Note

The above charges are indicative charges for standard services to be performed by the particular role on a full-time basis (160 hours per month). A final quote will depend on the work-volume, activities required and the working hours. Part-time and flat fee quotes are also available

Request a Quote

Note

The above charges are indicative charges for standard services to be performed by the particular role on a full-time basis (160 hours per month). A final quote will depend on the work-volume, activities required and the working hours. Part-time and flat fee quotes are also available

  • * Flat fee quotes can be given for assignments with defined and limited scope of work and low complexity leases

NOTE

Request a Quote

*Onwards (160 hours per month)

$2400

FULL TIME CHARGES

Request a Quote
Read More
Read More
Read More
Read More
Read More
Read More
Read More
Read More

Residential Property Accounting

Commercial Property Accounting

Investment Analysis Services

Acquisition Analysis Services

Asset Management Services

Lease Abstraction Services

CAM Reconciliation

Back-Offfice Support Services

Other Services

Click to play video

Corporate Profile Video!

The video provides a brief overview of our services, real estate expertise, clients, work culture and most importantly our vision to be recognized as a leading outsourcing provider for the real estate segment.

Team & Staff Profile
employees

300+

real estate clients

120+

About Us

  • 120+ real estate clients across North America in all major states and real estate sectors
  • High client satisfaction - Most of our clients have been with us since 8+ years
  • Fully integrated real estate service provider providing services in leasing, administration, accounting, analysis and allied services
  • Specialist real estate outsourcing services provider since 2006
  • Senior management team with rich outsourcing and management experience since 2003 in global companies
  • Staff with at-least six years of real estate outsourcing experience
  • Spacious office set-up (30,000 square feet) with modern facilities and uninterrupted power supply
  • 200 MBPS high speed dedicated internet leased line

Trusted by Over 120+ Real Estate Clients, Including:

A vertically integrated, full service real estate company based out of Bellevue, WA. They specialize in commercial properties.

A well-known fully integrated real estate investment cum asset management firm based in Tampa (FL). They manage a wide variety of commercial real estate assets and provide property management services to 3rd party commercial real estate owners.

A privately owned real estate management firm that specializes in the management of commercial and multi-family properties in the Greater Los Angeles area.

A well-known construction and development company in Canada specializing in construction and development of high rise concretes. It is a mid-sized firm and one of British Columbia’s most experienced and respected developers.

A full service real estate investment management company. They provides in-house acquisition origination, underwriting, transaction management, asset management, accounting and investor reporting. The company is based in Denver, CO.

A well-known commercial real estate firm based in Tampa (FL). They manage close to 5 million sf of office and retail space.

Contact Us

Learn more about our
CAM Reconciliation/CAM Audit Services

Residential Real Estate Accounting

Read More

Student Housing Accounting

Read More

HOA/Condo Accounting

Read More

Portfolio Accounting

Read More

Related Services

ImageImageImageImage Icon Icon

+1 (646) 367-8976

US Office


244 Fifth Avenue, Suite P228, New York, NY 10001, USA

IND Office


E 46/8, Okhla Phase II, New Delhi -110020, India

Services

Residential Property Accounting
Commercial Property Accounting
HOA/Condo Accounting
Portfolio Accounting
Construction Accounting
Fixed Asset Accounting
Lease Abstraction
Loan Abstraction
CAM Reconciliations
Asset Management
Investment Analysis
Acquisition Support
Financial Dashboard
Back Office Support

Other Services

Remote Real Estate
Financial Controller
Treasury Support Service
Fund Accounting
ESG Reporting

Contact Us

Property Accountant
Icon

Contact Us

US Office


244 Fifth Avenue, Suite P228, New York, NY 10001, USA

IND Office


E 46/8, Okhla Phase II, New Delhi -110020, India

+1 (646) 367-8976

Icon Icon Icon ImageImageImage

Address

US Office

244 Fifth Avenue, Suite P228, New York, NY 10001, USA

919 North Market Street, Suite 950, City of Wilmington, DE 19801, USA

IND Office


E 46/8, Okhla Phase II, New Delhi -110020, India

Contact Us

Icon

The Real Estate Specialist Since 2006

+1 (646) 367-8976

Services

Industries

Support Services

UK Services

Useful Links

Residential Property Accounting
Real Estate
About Us
Commercial Property Accounting
Construction
HOA/Condo Accounting
Logistics
Case Studies
Brochure
Portfolio Accounting
Outsourcing Guide
Construction Accounting
Fund Accounting
Assisted Living Accounting
Student Housing
Loan Abstraction
Business Intelligence Services
Treasury Support Services
Back Office Support
Remote Real Estate
Financial Controller
Property Accountant
Acquisition Support
Investment Analysis
Asset Management
CAM Reconciliations
Lease Abstraction
ESG Services
Image
Accounts Payable
Construction Accounting
Transportation Accounting
Fund Accounting
Retail Accounting

At OHI, we leverage outsourcing, automation and industry leading processes to assist you in scaling new heights of excellence. We aim to help you optimize your portfolio, acquire better, and streamline operations, all in a cost-efficient manner.

Image Icon Icon ImageImageImageImage

At OHI, we leverage outsourcing, automation and industry leading processes to assist you in scaling new heights of excellence. We aim to help you optimize your portfolio, acquire better, and streamline operations, all in a cost-efficient manner.

ImageImage
Mid Size Businesses
Privacy Policy
Cookie Policy

All Rights Reserved © 2024 OHI