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The CRE Humor Jokes

When the Appraisal Hits Harder Than Interest Rates

24 minutes ago

1 min read

Expectation: 6-cap value-add closes in 30 days Lender: Need T-12, T-3, rent roll, Phase I, SNDA, estoppels, and your soul by EOD Appraiser: Found a 'comparable' 47 miles away with goats—value 12% under contract 🙂 Me at 2:07 AM: Re-underwriting to faith-based DSCR and labeling it ‘operational synergies’ 😂

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The CRE Humor Jokes

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