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The CRE Humor Jokes

Lender IC vs My Excel: A Love Story in DSCR

Broker: We're at the 1-yard line Lender IC: Need fresh estoppels, a new ALTA, and proof the roof isn't a rumor Appraisal: Used a 2014 vape shop as a medical office comp Me updating the model: DSCR 1.35 -> 1.19 -> 'Oops, circular ref' šŸ§®šŸ˜µā€šŸ’«

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Broker: we’re clear to close Lender: need updated T-12, fresh rent roll, new estoppels + SNDA, and a 2021 ALTA by 4pm Client: but we already told Instagram we bought it Me: re-underwriting for the 9th

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