CAM Season vs TI Draws: A Love Story Written in Change Orders
Broker: It’s NNN, super clean PM: After BOMA 95% gross-up, base year reset, and 12-month lookback… cleaner-ish Tenant: TI covers HVAC, right? GC: That’s a change order, a draw, and a soul 😵 Lender: Need lien waivers, as-builts, SOV, and proof the CPI cap has feelings—me reopening Excel for the 47th time 🧮
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