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The CRE Humor Jokes

When The Appraisal Uses 2021 Rents On A 2026 Deal

ricklahkar
Apr 16
1 min read

Broker: DSCR 1.35, lender nodding 🧮 Lender: Just need T-12, current rent roll, nothing crazy Appraiser: Used 2021 rents, 12% vacancy, comps from a Blockbuster two ZIPs over Credit Committee: DSCR 1.09, proceed at 55% LTV Me: Rewriting the OM at 2am like 'amenities include vibes and deferred hope' 😵‍💫

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The CRE Humor Jokes

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