Base Year Stop Reimbursement Structures Explained

[@mag5993]

I was watching your AM course and this video is super helpful haha

[@Tatosalsa]

Great video and accurate. Would you be able to do a video on gross up CAM? I see it more on office leases. For example, grossing up to 95% when occupancy is below 95%?

[@FlipWithRick]

Love to hear about Commercial REI!

[@BreakIntoCRE]

Great! You’re in the right place!

[@kateh8151]

Great video and very informative. What if the property has been sold and the new owners insurance expense is less than the base year. Does that mean the new owners must reimburse the tenant it’s pro-rata share of the difference? Thank you!

[@BreakIntoCRE]

Hi Kate, good question and no, the owner wouldn't owe the tenant the difference. In cases where the expense is less than the base year amount, the tenant reimbursement amount would just be $0.

[@kateh8151]

@@BreakIntoCRE Thank you for your reply. As I understand this would be a general standard/rule. Please, will you be able to point me in the direction when I can find this as a written policy? This would be so helpful. Thank you very much in advance!

[@BreakIntoCRE]

@@kateh8151 definitely - this will all be spelled out in detail in the tenant's lease, likely within the section on expense reimbursements.

[@timothybracken1728]

Does base year refer to the total opex in a given year ?

[@brigadiergeneral2399]

Can I refinance and keep the property in a syndication after I pay off investors their returns and give them back their principal?

[@charlieeaves1015]

How do you model a specific percentage over a certain dollar amount in Argus? Say, for example, 33% of any increase over $285,000?

[@FranciscoFlores-st7ti]

where are these shirts from?