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The CRE Humor Jokes

DSCR Says Yes, Appraiser Says LOL

ricklahkar
Jul 2
1 min read

Expectation: 6% cap, clean Phase I, DSCR 1.30—easy win Reality: Lender needs T-12, T-3, T-1, T-now, and a rent roll notarized by a notary’s notary Appraiser: Pulled 2016 flex comps and deducted for “emotional obsolescence” 😵‍💫 Me in Excel: circular-reference boss fight while client asks if we can close by lunch Friday 🔥

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The CRE Humor Jokes

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