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The CRE Humor Jokes

Pro Forma Says Millionaire, Lender Says Minimum Wage

2 days ago

1 min read

Broker: 6.25% cap, OM looks mint My Excel: DSCR 1.31 if the sun never sets Lender: Cool story—18 reserves, haircut on NOI, and a rate cap priced like a Tesla 🚗 Me: Reclassifying “non-recurring” repairs that have recurred since 2019 😵

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The CRE Humor Jokes

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