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The CRE Humor Jokes

Appraisal Just Turned My 1.25x DSCR Into a Vibe Check

Oct 9

1 min read

Broker: we’re clear to close Appraiser: comp set says your Class B is 'C+ with enthusiasm' — minus 10% 😂 Lender: re-underwrite at SOFR+375, no IO, 12 mo reserves, fresh Phase I & all estoppels by noon Me at 1:57 AM: fixing CAM gross-ups… DSCR 0.99x; cap rate? more like cap RIP 🔥

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The CRE Humor Jokes

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