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The CRE Humor Jokes

Appraisal Says 2015 Pricing, Lender Says 'DSCR Go Brrr'

ricklahkar
Jun 6
1 min read

Expectation: 6% cap, 70% LTV, DSCR 1.35, Friday close Appraiser: pulled comps from the Bronze Age, value -9% 📉 Lender: 'DSCR is 1.18, ever heard of credit committee?' Me: renaming Final_FINAL_v12.xlsx at 2am while the rent roll ages in dog years 😵‍💫

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The CRE Humor Jokes

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