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The CRE Humor Jokes

Friday 4:59 Appraisal Any% Speedrun

Sep 5
1 min read

Broker: Clear to close Friday. Lender: Tiny update—need SNDA, 3 estoppels, Phase I addendum, and a rent roll notarized by Bigfoot. Appraiser: As-is value 12% low—used 2019 rents and a 100 bps cap bump 😬 Client: Can we just call it as-stabilized? Me at 5:01 PM opening Excel: New expense line: Miracles & Misc. 🧮

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