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The CRE Humor Jokes

LOI Says Easy, Lender Says Prove You Exist

ricklahkar
5 days ago
1 min read

Broker: LOI signed, 30-day close, cakewalk Lender: drop T-12, current rent roll, estoppels, SNDA, Phase I, and your elementary report card Seller: half tenants are 'month-to-vibe', roof is 'historic', expenses are 'pro forma' Me at 2:13am: cap rate pencils at 6.25%, sanity yields negative 😅📉

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The CRE Humor Jokes

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