Owner: 5 Cap. Lender: Hold My Reserve.
- ricklahkar
- Jul 10
- 1 min read
Owner: 'It’s a 5.0% cap, firm' Lender: 'After T-12 haircuts, 10% vacancy, and an HVAC Resurrection Reserve, DSCR says nah' Me updating the OM: 'Anchor tenant is temporarily dark' = mood lighting 😂 Buyer: re-trade after Phase I finds historic dry cleaner vibes + roof ponding; Seller: 'Close by Friday?' 😵💫
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