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The CRE Humor Jokes

Cap Rate Went on Ozempic and My Proceeds Ghosted

5 days ago
1 min read

Broker: '6 cap, turnkey.' Lender: 'After PCA and reserves, DSCR 1.14, proceeds -20%.' Client: 'Keep price, push leverage, seller to fund TI?' Me in Excel: adding 'manifestation addback' to NOI while SOFR laughs šŸ˜µā€šŸ’«

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