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The CRE Humor Jokes

Broker Math vs Lender Math: The Excel Cage Match

Sep 16

1 min read

Broker: Pro forma shows 10% rent growth, easy Lender: Cool—send 3 years where unicorns paid above market, plus SNDA/estoppels Me at 2am in Excel: hiding columns, circular refs on, praying DSCR rounds UP 🙏 Client: Why's the rate higher? Market: Your T-12 reads like a true-crime podcast 📉

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