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The CRE Humor Jokes

DSCR Said 1.35, Appraisal Said 'Hold My 2019 Comp'

Oct 9

1 min read

Expectation: Cap at 6, DSCR 1.35, smooth closing Reality: Appraiser used 2019 comps, debt fund on PTO, DSCR cosplaying 1.14 😵‍💫 Broker: T-12 is clean! Lender: Cool—send T-3, T-6, T-12, T-36, Phase I, estoppels, SNDAs, and your soul Me at 2:03 AM: rent growth = manifestation, TI/LC = 'pls no' 🧮

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Expectation: 30-Day Close. Reality: 30 Docs A Day.

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The CRE Humor Jokes

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