Market Trends
Analysis of commercial real estate market trends and their impact on CAM reconciliation — vacancy rates, property tax changes, and regional insights.
2026 Property Tax Increases: Preparing Your CAM Reconciliation
Property taxes are the single largest expense category in most CAM reconciliations. When they jump 12% in one year, your tenants will notice — and you need to be ready to explain why.
Read PostDFW Industrial CAM: Why the Simplest Leases Create the Biggest Disputes
Industrial CAM should be simple — NNN lease, pass through actuals, done. But DFW's industrial boom brought 180M SF of new construction, rising tax assessments, and allocation questions that straightforward leases weren't written to answer.
Read PostHouston Office Market: CAM Billing in a 26% Vacancy Environment
At 26.5% office vacancy, every Houston gross-up clause is active. One miscalculation on a 200,000 SF building can cost $75,000+ per year.
Read PostQ1 2026 Vacancy Rates: What They Mean for Your CAM Calculations
At 22.4% national office vacancy, the gross-up multiplier on a 95% threshold is 1.30x. That means every variable expense error is amplified by 30% before it reaches a tenant statement.
Read PostThe Rise of Tenant Audit Firms — and What It Means for Your Reconciliation
Tenant audit firms work on contingency — they get paid only when they find errors. That business model means they're looking at every line of your reconciliation with financial incentive to find problems.
Read PostSun Belt Migration and CAM: How Population Growth Is Changing Operating Expenses
Phoenix added 95,000 people in 2025. Nashville added 63,000. Austin added 48,000. Each new resident drives demand for commercial space — and the operating cost inflation that comes with rapid growth.
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