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The CRE Humor Jokes

DSCR Hunger Games: Broker vs Lender vs Appraiser

19 hours ago

1 min read

Broker: NOI $1.2M; Lender: after normalization = $7.50 Appraiser: pulled a 2016 comp next door; Subject: an actual data center; verdict: retail-adjacent Client: Can we close Friday? Title: Need updated ALTA, estoppels, SNDA, Phase I, and your kindergarten report card Credit committee @4:59pm: 55% LTV, 1.35x DSCR, rate = market + vibes 🤡

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The CRE Humor Jokes

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