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The CRE Humor Jokes

When Appraisers Bring 2019 Comps And Lenders Bring 97 More Conditions

Sep 27

1 min read

Broker: Proforma DSCR 1.35x, 5.25% cap, pencils to $12M—simple Appraiser: Using 2019 comps, $3/SF lower, cap +150 bps; value $9.1M Lender: Send estoppels, SNDA from the vape kiosk, and a Phase I for the raccoon Me: Recast to "stabilized in Q4"—Excel triggers circular-reference meltdown 💥

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The CRE Humor Jokes

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