LOI Monday, Therapy Friday: CRE Expectation vs Reality
- ricklahkar
- Apr 30
- 1 min read
Expectation: LOI signed Monday, closing Friday, easy fees Reality: Lender wants fresh T-12, estoppels from 31 tenants, and a new rent roll by noon My Excel: change 10 bps and the cap rate yeets IRR into orbit; file name Final_v47_REAL_final.xlsx 𤔠City and PM: surprise fire inspection, CAM math is wrong, roof leak says hi; me posing for CoStar headshot anyway š
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