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The CRE Humor Jokes

Due Diligence Any% Speedrun: Phase I Boss Fight

Expectation: 30-day due diligence nap. Reality: Phase I ESA speedrun into Phase II 🧪 Broker: it’s clean. Phase I: historic dry cleaner + vapor plume cameo. Lender: please upload reliance, ALTA, zoning, estoppels, and a time machine by 5pm šŸ˜… Buyer: retrade? Seller: only if your T-12 matches the rent roll... for once.

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Due Diligence Jenga: One More Estoppel And We're Out

Broker: LOI signed, PSA clean, we're cruising Lender: Need fresh estoppels, SNDA, ALTA, Phase I that says 'no vibes,' and a 1.35 DSCR in a 1.10 world šŸ˜µā€šŸ’« Buyer: Underwrote at 6.25% cap; Seller heard

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