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The CRE Humor Jokes

Excel Promised 20 IRR, DSCR Told Me To Sit Down

Oct 11

1 min read

Client: we need 20% IRR, no risk Broker: easy, just light value-add Excel: DSCR 0.98 because Opex is hiding in a merged cell 😵‍💫 Lender: please remove 'plug' from Sources & Uses Me: renaming final_FINAL.xlsx to this-time-i-swear.xlsx 📈

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