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The CRE Humor Jokes

Cap Rate 6.25% vs Appraiser: Final Boss Mode

Sep 16

1 min read

Broker: DSCR pencils at 1.30x; pro forma sings; cap rate 6.25%—hallelujah Lender: Cool, just need T-12, clean rent roll, estoppels, SNDAs, Phase I, ALTA, and your soul 🧾 Appraiser: Pulled a 2015 goat-yoga warehouse comp; value -8% for “market sentiment” Client: Can we close Friday? Me: After NOI stops hiding in CAM reconciliation 🤡

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The CRE Humor Jokes

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