For mixed-use buildings
Apartments upstairs, shops downstairs.
Residential and commercial leases in the same building and the same books. CAM recovery, percentage rent and trading names for your retail tenants, and the full leasing office for your apartments.
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CAM recovery worked out for you.
Pool operating costs by category, set each tenant's share by area, and true up at year end against what was billed in estimates. Gross-up, base-year stops, anchor deductions, caps and admin fees are built in.
- Pro-rata shares by contracted or measured area
- Gross-up to a minimum occupancy
- Year-end reconciliation against estimates
Retail tenants, known by their trading name.
Record each business's trading name so a cheque that arrives under it can be matched, and track percentage rent from reported sales alongside base rent.
- Trading names searchable from the leases list
- Percentage rent from reported sales
- Commercial and residential leases side by side
The apartments get the full leasing office.
The residential side has everything a multifamily community has: the AI leasing assistant, pricing, renewals and resident apps.
- AI leasing assistant for the apartments
- Revenue management and renewals
- One owner statement for the whole building
Can one property have both residential and commercial units?
Yes. A property can hold both, each unit with its own kind of lease, all in the same ledger and owner statement.
How is CAM reconciled at year end?
StrivBridge compares each tenant's share of the actual pooled costs with what was billed in estimates during the period and posts the difference.
Does it handle a commercial-only portfolio too?
Yes. See Commercial: year-end CAM reconciliation with tenant statements, sales reporting and percentage rent, certificates of insurance, critical dates, abatement and TI allowances, and a leasing pipeline with broker commissions.