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The CRE Humor Jokes

Pro Forma Lies, Excel Cries

ricklahkar
3 days ago
1 min read

Broker: Rent growth 6% forever, trust the OM Me (underwriting): add TI/LC, free rent, and real taxes… the sheet turns red 😵‍💫 Lender: Bump exit cap 10 bps and send T-12 in 3 versions by EOD Appraiser: Pulled a comp from a shuttered Kmart; you’re welcome Me: change 0.01 in Excel, DSCR 1.25 → 1.249; deal funeral, coffee refill 😂

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The CRE Humor Jokes

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