Ground Lease CAM Reconciliation Guide for Landlords
Typical CAM pools, billing errors, gross-up mechanics, and BOMA standards for ground lease properties.
Benchmark CAM per SF
$0.50 – $3.00 / SF
Source: Varies widely by location and infrastructure
Gross-Up Applicability
Limited — ground leases typically have few shared variable expenses. When multiple ground tenants share infrastructure (roads, drainage, utilities), those costs may be subject to gross-up if parcels are undeveloped.
Typical CAM Pools
- Property taxes (land only)
- Insurance (land/infrastructure)
- Common area maintenance (roads, utilities, drainage)
- Landscaping
- Security (perimeter)
- Management fees
Standard Exclusions
- Building-level expenses (tenant's responsibility)
- Capital improvements to tenant-owned buildings
- Tenant's insurance
- Building maintenance
Common Lease Structures
Common Billing Errors
- Charging ground tenants for improvements to landlord-retained parcels
- Including building-level property taxes in ground lease CAM (should be tenant's direct obligation)
- Misallocating shared infrastructure costs when new parcels are developed
Relevant BOMA Standards
- No specific BOMA ground lease standard — land area measured by survey
Ground Lease CAM Context
Ground leases separate land ownership from building ownership, creating a unique CAM dynamic. The ground landlord is responsible for shared infrastructure (roads, utilities, drainage) while tenants own and maintain their buildings. CAM disputes center on infrastructure cost allocation and property tax assessment splits.
Related Resources
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