Clean Industrial Box, Dirty Due Diligence
- ricklahkar
- Jul 20
- 1 min read
Broker: Clean last-mile box, easy close Lender: upload rent_roll_final_FINAL_v6.xlsx + T-12 + SNDA + 3 estoppels by EOD Appraiser: we used suburban office comps because “both have roofs” Phase I: historic dry cleaner next door, please enjoy your Phase II Me: DSCR was 1.28, now it’s vibes 🏗️💀
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