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The CRE Humor Jokes

Underwriting At 1AM vs Seller Email At 8AM

6 days ago
1 min read

Me at 1:12am underwriting: DSCR 1.36, T12 tied out, vibe immaculate 8:00am Seller: taxes reset, HVAC is “vintage”, anchor wants 6 months free Lender: need a “final-final” model with +50 bps stress and no TI/LCs 😵‍💫 Excel: not responding; cap rate widens; my promote evaporates 🪦

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