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The CRE Humor Jokes

Pro Forma vs Reality: DSCR Limbo and the Excel Death Spiral

Sep 29

1 min read

Broker: Pro forma 7-cap, stabilized in 90 days Lender: Underwritten at lol, DSCR 1.14, need 10% more equity Client: Thought NNN meant “No New Nightmares” — HVAC: surprise, I'm landlord’s Me opening Excel: one circular ref later—deal dies, but at least the OM had vibes 🧮

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The CRE Humor Jokes

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