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The CRE Humor Jokes

Pro Forma: 12M. Appraisal: 8.4M. My Soul: Negative Carry.

ricklahkar
14 hours ago
1 min read

Broker: Pro forma value 12M, comps are chef's kiss Appraiser: Found a 2011 comp next to a RadioShack, calling it 8.4M Lender: DSCR 1.25 at SOFR+ mystery points; also escrow Jupiter and buy a rate cap Me at 2:17am in Excel: if I rename Other Income to Manifested NOI will it underwrite? 😵‍💫📉

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The CRE Humor Jokes

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