When Due Diligence Says 'Trust Me' (CRE Expectation vs Reality)
- ricklahkar
- May 8
- 1 min read
Broker brain: 30-day DD, clean Phase I, estoppels by Friday. Reality: 1948 easement through the loading dock, UST ping next door, roof is “new” (per 2009 invoice). Lender: please upload T-12, T-24, SNDA selfies, and a video of the HVAC doing burpees. Me at 2:17am renaming Excel: MODEL_v9_FINAL_FINAL_reallyFINAL.xlsx while retrading 25 bps like Monopoly money 😵💫
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