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The CRE Humor Jokes

When the Appraisal Hits 7.25% and My Pro Forma Starts Smoking

ricklahkar
May 13
1 min read

Broker: 6.00% cap, 45-day close, easy win Lender: Need updated rent roll, estoppels, SNDAs, Phase I footnote, and a selfie of the roof from 1998 Client: Can we close Friday and add a drive-thru with $0 more? 🙂 Appraiser: Market at 7.25%; parking ratios are a horoscope Me at 2:13 AM: DSCR 1.25 → 1.19 → me → 😵‍💫🧮

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The CRE Humor Jokes

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