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The CRE Humor Jokes

Appraisal Came In Lower Than My Optimism

Sep 7

1 min read

Broker: It's a $12M layup Lender: Send T-12, T-3, T-∞, global cash flow, and your last three app downloads Appraiser: Value $8.3M, subject to extraordinary assumptions and better comps existing somewhere Client: Can we still hit 80% LTC? Me: Rebuilding model tab 47, debt yield 9.99%, smiling like cap rates are a suggestion 😬

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The CRE Humor Jokes

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