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The CRE Humor Jokes

Cap Rate Catfish: Expectation vs Lender Reality

Sep 27

1 min read

Broker: DSCR pencils at 1.31 on stabilized NOI Lender: Cute—send T-12, estoppels, and a time machine Excel: Circular reference detected; your cap rate has left the chat 😵‍💫 Client: Thought we were at 5.25%... why is the term sheet 7.1%? Me: Roof report, TI/LC bomb, and a surprise Starbucks drive-thru easement ☕

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The CRE Humor Jokes

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