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The CRE Humor Jokes

My Underwriting Said 6 Cap, Reality Said LOL Utilities Tripled

Aug 28

1 min read

Expectation: 6.0% cap, clean T-12, 2% vacancy Reality: 1998 roof, taxes reset 40%, lender wants SNDA from the pigeons Client: Can we close Friday? Broker: After Phase I stops glowing 😬 Excel: Circular reference, me stabilizing NOI with coffee and coping ☕

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The CRE Humor Jokes

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