Broker Promises vs Lender Checklists: The CRE Telenovela
- ricklahkar
- 11 minutes ago
- 1 min read
Broker: Clean deal, 6-cap, quick close Lender: Need updated rent roll, estoppels from 2003, and a Phase I that survived Y2K Client: Can we switch to SBA… 48 hours pre-close? Me in Excel: DSCR 1.35x in pro forma, 0.98x IRL—cap rate also jumped off a bridge 🧨🙃
.png)

Comments