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The CRE Humor Jokes

Phase I Said 'Minor REC' And My Cap Rate Started Screaming

ricklahkar
1 day ago
1 min read

Broker: DD is light; me opens data room: FINAL_v12_FINAL2 😵‍💫 Lender: need one more thing—PCA, updated ALTA, zoning letter, 10 estoppels, SNDA from ghost tenant Phase I: minor REC (1997 dry cleaner + rumored UST + mystery stain); Survey: your wall kisses an easement Client: We good for Friday? Me: Absolutely—if Friday = when insurance stops doubling and DSCR revives 🧯

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The CRE Humor Jokes

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