Public record
Regency Pembroke Pines FL: CAM cap breach 5% non-cumulative case study
A public-record retail CAM case study showing $11,250 in CAM overcharges: landlord billed $108,900 against a $97,650 cap (5% over prior year $93,000).
What happened
The lease at Regency Centers Pembroke Pines set a 5% annual CAM cap. Prior year CAM was $93,000, capping 2022 at $97,650. The reconciliation billed $108,900, which is 17% above the prior year, far exceeding the 5% contractual ceiling.
Findings from the pipeline
Rule 6
CAM Cap Violation
$11,250
CAM billed ($108,900.00) exceeds the 5.0% non-cumulative cap. Max allowed: $97,650.00 (prior year $93,000.00). Overcharge: $11,250.00.
Lease evidence
CAM charges in any Lease Year shall not exceed the prior Lease Year's CAM charges by more than five percent (5%). Section 7.1(c).
Section 7.1(c), page 13
Math proof
prior_year_billed=93000.00, cap_rate=0.05, max_allowed=97650.00, billed=108900.00, overcharge=11250.00
Lease evidence
- 5% annual non-cumulative CAM cap (Section 7.1(c)).
Why this matters for your firm
Florida retail leases frequently include annual CAM caps, but landlords operating large portfolios sometimes apply portfolio-wide cost increases without checking individual lease cap provisions. The result is systematic overcharges across multiple tenants in the same center.
Dispute letter draft excerpt
Request for Cooperative Review of Certain Line Items. The automated review flagged a CAM cap breach of $11,250.00 for the 2022 reconciliation year.
Frequently asked questions
What findings did CAMAudit surface in the Retail Tenant (Regency Centers Pembroke Pines) case?
CAMAudit flagged 1 finding with an apparent overcharge of $11,250. Each finding cites the specific detection rule, dollar amount, and the lease provision that grounds the dispute.
Can my firm reproduce these findings on a live client engagement?
Yes. Your firm uploads the lease and CAM bill. CAMAudit checks them against the same rule set. Your firm reviews the findings. Then your firm sends the branded report to the client.
Is Retail a common property type for CAM audit engagements?
CAMAudit handles all commercial property types: retail, office, industrial, mixed-use, and specialty. The detection rules apply wherever a tenant pays CAM or operating expenses under a lease with specific definitions, caps, or exclusion lists.
What is a dispute letter draft and does CAMAudit generate one?
A dispute letter draft is a factual starting point that specifies each overcharge by rule, dollar amount, and lease provision. CAMAudit generates a draft grounded in the specific audit findings for advisor and counsel review.
Next engagement
Run these same detection rules on your client engagements
Upload a client lease and CAM bill. CAMAudit applies the same rule set used in this case study. Your firm reviews the findings and sends the branded report to the client.
Public-record note
This page summarizes public-record documents and CAMAudit output for educational and marketing purposes. It does not imply endorsement by Retail Tenant (Regency Centers Pembroke Pines) or any third party. Readers should review the underlying lease, statement, and dispute timeline for their own facts.