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The CRE Humor Jokes

When the Appraiser Sees My Pro Forma vs When the Lender Sees My DSCR

Oct 14

1 min read

Me: Pro forma says 1.30x DSCR at 5.25% cap Lender IC: cool, send T-12, rent roll, SNDA, estoppels, your soul Appraiser: adjusted to 7.0% 'market' cap because three comps from 2019 Spreadsheet: Final_FINAL_v47.xlsx now modeling tears 🧮😭

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The CRE Humor Jokes

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