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The CRE Humor Jokes

When the Appraisal Ghosts Your Cap Rate at 4:59 PM

ricklahkar
Aug 7
1 min read

Broker: 65% LTV, clean Phase I, estoppels in hand—Friday close Lender: Appraisal in… value 'subject to roof being younger than my NDA' and DSCR drops on tax re-assessment Appraiser: Market rent 'trended' back to 2017; cap rate 'because vibes' Me: adding 19 tabs to Excel, re-trading TI/SNDA at 11:58 PM, smiling on Zoom 🥲🔥

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The CRE Humor Jokes

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