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The CRE Humor Jokes

The Appraisal Came In… At Vibes Only

ricklahkar
Apr 25
1 min read

Expectation: 6.0 cap, clean Phase I, 30-day close Reality: Appraisal uses 2009 comps, finds a “mystery tank,” LTV now 48% Me updating one cell in Excel: NOI evaporates, CoC = 0.0003% 😐 Seller: “Price firm.” Me: “So is the soil.” 🫠

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The CRE Humor Jokes

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