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The CRE Humor Jokes

LOI Promised Yoga, Lender Brought CrossFit

Broker: 7 cap, 5-yr IO, 65% LTV—easy close Lender: Actually 6 cap, 1-yr IO, 55% LTV, and DSCR on a keto diet Client: I bought NNN for 'passive income'? Me: 83-tab model, chasing estoppels, Phase II cameo—namaste to my weekend 😵‍💫🧯

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Expectation: 5 Cap, Reality: Tenant Pays in Vibes

Broker: Stabilized, 98% occupied, turn-key asset Lender: Cool, just need rent roll, 12 estoppels, SNDA, updated ALTA, and your firstborn Me in Excel at 2:47am: NOI says yes, roof, HVAC, and CAMs say l

 
 
 

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