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The CRE Humor Jokes

Broker vs Lender vs Landlord: NNN Thunderdome

May 12

1 min read

Broker: It’s a clean 5-yr NNN, easy close Lender: Need updated rent roll, estoppels, SNDA, Phase I, and proof the roof isn’t from 1987 Landlord: Add “minor tweak” = 3% annuals, 2 mo. DD, and a personal guarantee from your dog Me underwriting at 2:14am: market cap 5.25, sale comp 6.5, Excel: #DIV/0! 😵‍💫

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The CRE Humor Jokes

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