The TI Budget That Went To Vegas And Never Came Back
- ricklahkar
- Apr 15
- 1 min read
Broker: It’s a simple TI — paint, carpet, vibes GC: Cool, demo is asbestos, slab is surfing, ceiling is a landmark now Landlord: Use our “standard” spec (discontinued in 2011) Excel: Pro forma says 12% IRR; CAM reconciliation says LOL Lender: Send final budget… plus 30% contingency and your soul 🥲😵💫🛠️
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