DSCR Said Yes, Appraiser Said Bowling Alley
- ricklahkar
- Jun 23
- 1 min read
In commercial real estate: Broker: DSCR 1.35, 65% LTV, sponsor liquid—close Friday Lender: drop 25 bps, Phase I, fresh estoppels, and the GP’s horoscope Appraiser: pulled a comp—1978 bowling alley two counties over; cap rate by vibes Client: make it nonrecourse, free TI, and lifetime parking for their food truck Me: reopening Excel vFinal_FINAL(7).xlsx, praying bridge debt stops floating 😵💫🧮
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