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The CRE Humor Jokes

LOI Signed, Sanity Evicted: A CRE Soap Opera

Jul 8
1 min read

Broker: We’re closing in 30 days Lender: Awesome—just need SNDA, estoppels, ALTA, Phase I, PCA, and 12 months of reserves Seller: Our pro forma NOI is before concessions, free rent, and reality Me at 2:12am: Why does 8.50% cap = #VALUE! while CAMs multiply in Column J? 🧮😵

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