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The CRE Humor Jokes

When the Appraisal Ghosts Your LOI at 4:59 PM

ricklahkar
Aug 9
1 min read

Broker: We're clear to close Lender: After DSCR re-calc, fresh estoppels, and a Phase I on the sidewalk Appraiser: New comp from 2011 says your Class A trades at a 12% cap Me: Moved one cell in Excel, IRR is now -200%; still telling client we're 'on track' 🥲

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The CRE Humor Jokes

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