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The CRE Humor Jokes

The LOI Said 'Non-Binding' But My Anxiety Isn't

ricklahkar
4 days ago
1 min read

Expectation: 6% cap, clean Phase I, lender jazz hands Reality: 4.3% cap, HVAC is vapor, Phase I finds a vintage fuel tank Broker: we're at the one-yard line; Lender: need estoppels & SNDAs from every oxygen molecule Me in Excel: toggle one input, IRR jumps from 18% to 'call your therapist' 😵‍💫

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The CRE Humor Jokes

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