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The CRE Humor Jokes

Industrial LOI Speedrun: Broker vs Lender vs Appraiser

19 hours ago

1 min read

Broker: 5 cap, turnkey industrial, last-mile, no hair Me opening the rent roll Excel: 37 month-to-months, anchor is Uncle Bobs LLC 😂 Lender: Need 1.35x DSCR on pro forma, but also no pro forma, also free rate cap 🚨 Appraiser: Used 1987 flex comps 2 states away--enjoy your 58% LTV

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The CRE Humor Jokes

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