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The CRE Humor Jokes

When DSCR Says Yes But The Appraiser Says LOL

2 days ago

1 min read

Broker: DSCR pencils at 1.30x, 95% “occupied” if you squint Lender: Cool—drop T-12, estoppels, Phase I, ALTA, and your childhood report cards 😵‍💫 Appraiser: Subject to roof at end-of-life, comps from 2009, cap rate +200 bps, value “surprised” Client: So… 5% rate, 3 years IO, close Friday, and seller pays TI/LC, right? 🔥

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The CRE Humor Jokes

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