When the 'conservative' OM meets my T-12 and Excel calls the cops
Broker: “Day-1 stabilized, light value-add” Lender: Great—prove DSCR > 1.35 with actuals, estoppels, SNDAs, and your blood type My Excel: adjust vacancy by 0.01% → waterfall detonates → #REF everywhere Me at 11:59pm: emailing Final_FINAL_v38, whispering “capex is non-recurring” 🧮😵💫
.png)

Comments