D

Downstream cap

A CAM cap applied to each tenant's share of expenses rather than to the total pool, so tenants in the same property can have different effective limits depending on when their leases were signed.

Downstream caps are tenant-by-tenant and create a reconciliation asymmetry: total recoveries may fall short of actual expenses because different tenants have hit different caps. The shortfall is the landlord's.

REAL

See how downstream cap is handled across 2,236 leases.

REAL extracts and structures this field from your documents so your team can act on it — no manual abstraction required.

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