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The CRE Humor Jokes

Underwriting vs Reality: The DSCR Hunger Games

May 11

1 min read

Broker: It pencils at a 6 cap Lender: Back out taxes, TI, reserves, and hope—now it's a 4.2 Appraiser: Found a 2018 comp next to a goat farm, congrats on negative value Me: DSCR 1.24 in Excel; Credit Committee: make it 1.35 by Monday; Excel: #DIV/0! 😵‍💫

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The CRE Humor Jokes

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