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The CRE Humor Jokes

When the Appraisal Says LOL and the Lender Wants 12 More Docs

ricklahkar
Apr 21
1 min read

Broker: Priced to trade at 6.25 cap Appraiser: After “stabilization adjustments” — make it 8 cap and a coupon Lender: DSCR 1.25? On proforma? Adorable. Send T-12 utilities, estoppels, and pet-rent receipts Me in Excel: If I merge one more cell, Argus files a restraining order 🧮 Client: Close Friday? Me: After the re-trade, re-appraisal, and a Phase I on the 1978 gas station next door 😂

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The CRE Humor Jokes

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