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The CRE Humor Jokes

Broker vs Lender vs Reality: The Estoppel Hunger Games

ricklahkar
Apr 18
1 min read

Broker: LOI signed, we're cruising to close 🛩️ Lender: need updated rent roll, SNDA, estoppels, and the tenant's 3rd grade report card Owner: no estoppels-but here's a 2011 flyer and a fax number Me in Excel: proforma says 7.0% cap, Actuals say #REF!, cash flow rage-quitting 😵‍💫

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The CRE Humor Jokes

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