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What are CAM fees?

Welcome to my channel and in today’s video, I am going to answer the question "What are CAM fees?". ▶️ Visit to know more: https://www.raphaelcollazo.com/ Each week, I answer questions asked by our viewers on topics pertaining to commercial real estate. If you're interested in having your question answered, feel free to email me. ▶️ raphael@grisantigroup.com ▶ With the subject line of "Weekly CRE Question" In this video, I explain what CAM fees are and share ways you can mitigate some of these costs during your lease negotiation. CAM stands for "Common Area Maintenence" and represents expenses associated with maintaining the common areas of a multi-tenant center and/or office building. These charges are typically quoted as a PSF dollar value (i.e. $2 per SF) and are usually collected by the landlord on a quarterly basis. CAM fees are a sum of the following expenses: Parking lot clean up. Trimming hedges, bushes, and lawn. Building a recognizable brand to build trust. Cleaning shared hallways, bathrooms, meeting areas, etc. Elevator repair. Common area water usage. Trash pick-up. Property Taxes. Building Insurance. As well as much more... Check out my Website: https://www.raphaelcollazo.com/ ▶️ Email me: raphael@grisantigroup.com ▶️ Call/Text me: 502-536-7315 ------------------------------------------ ▶️ FREE REAL ESTATE GUIDES: https://linktr.ee/raphaelcollazocre ------------------------------------------ ▶️ Follow me on: • Meetup: https://www.meetup.com/Commercial-Rea... • Instagram:   / recollaz   • Facebook:   / raphaelcrelouisville   • LinkedIn:   / raphaelcollazo   --------------------------------------------------- ▶️ Other Videos: • Top 4 thing to consider (retail property):    • Top 4 Things To Consider When Purchasing/L...   • How to purchase investment property:    • How to buy your first commercial investmen...   • Rookie to Real Estate Rockstar:    • From Rookie to Real Estate Rockstar w/ Fel...   • Finding and Funding Great Deals:    • Finding and Funding Great Real Estate Deal...   ----------------------------------------------------- ▶️ Commercial Real Estate Investment Analysis: To watch a great video on how to analyze commercial investment deals, check out the link provided here: https://bit.ly/2GwuSXX #camcharge #commercialrealestate #camcharges #camfees #RaphaelCollazo #commercialrealestateinvestment #camfee #leasingcommercialproperty #commercialproperty #leasingcommercialrealstate #commercialrealestateinkentucky #commercialrealestatestrategies #Louisvillecommercialrealestate #louisvilleky #louisville #commercialeases #smallbusinessopportunities