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The CRE Humor Jokes

Broker vs Lender vs Appraiser: My IRR Didn't Survive

Broker: Seller is “motivated.” Lender: Cool, send T-12, rent roll, estoppels, and a 200 bps time machine. Appraiser: Found a drive-thru comp—your office is now a sandwich. Me in Excel: 17% IRR pre-quote, 0.7 DSCR post-quote 🧮🤡

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Broker: LOI signed, lender nodding, I preorder the 'Closed' banner Lender: send updated T-12, live rent roll, and proof the roof isn’t a rumor Appraiser: found comps from a C-minus two zip codes away—

 
 
 

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