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The CRE Humor Jokes

LOI vs Credit Committee: Net Lease Horror-Comedy

Jul 28

1 min read

Broker: LOI signed, NNN, sleepy cap. Lender: Need one more doc—the estoppel, SNDA, Phase I, Phase II (maybe), and tenant DNA. Appraisal: Value -7% because the co-tenancy clause 'gives us the ick' 🤡 Client: We still close Friday? Me, re-underwriting DSCR at 3am: Absolutely—right after sensitivity #47 😵‍💫

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The CRE Humor Jokes

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