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The CRE Humor Jokes

Expectation: 6 Cap. Reality: DSCR 1.19 and a Surprise Phase II

ricklahkar
Apr 16
1 min read

Expectation: 6% cap, 30-day close Reality: DSCR prints 1.19, lender wants 'one tiny rent roll clarification'… from 2016 Seller: 'NNN, except roof, structure, parking, sprinklers, and mercury retrograde' Excel: turns green if deal pencils; it’s redder than my escrow balance. #REF! 4:59pm: 'Phase II?' Me: perfect timing—right after I renegotiate life 🤡

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The CRE Humor Jokes

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