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The CRE Humor Jokes

TI Allowance vs Reality: My Pro Forma Needs a Therapist

Apr 9
1 min read

Expectation: Sign Friday, demo Monday, grand opening next month 🚧 Reality: Permit queue 8 weeks, GC: 'steel 24 weeks,' TI allowance: 'we tapped out at revision cloud #3' Pro forma: $35/SF TI; Bid day: $83.47/SF + 'market volatility' + door hardware you forgot šŸ™‚ Me to lender: on-time, on-budget; CAM: surprise construction mgmt + after-hours inspections; Me: rehearsing my 'force majeure' face 😬

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