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The CRE Humor Jokes

Expectation: Clean T-12; Reality: 47 Tabs And One REF

2 hours ago

1 min read

Expectation: 6% cap, turnkey, lender nodding Reality: T-12 is a scavenger hunt, Argus expired, DSCR 1.19, Excel screams #REF! Me: Rename CapEx to “value-add,” convince debt yield it’s a vibe 😂 Seller 11:59pm: “No TI/LC, but can you underwrite pro forma rent on T-0?” 🥲

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The CRE Humor Jokes

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