top of page
ChatGPT Image Mar 21, 2026, 05_41_11 PM.png

The CRE Humor Jokes

When TI Budgets Meet Reality: Send Help

5 days ago
1 min read

Underwrote TI at $45/SF; Q2 grand opening 🧮 GC: it’s $98/SF + 17 change orders; City: permit ā€œafter the paradeā€; LL: ā€œthrow it in CAM?ā€ Lender: ā€œfinal budget?ā€ Me: FINAL_FINAL_v7_REALLY_FINAL.xlsx Pro forma IRR: entered witness protection 😬

Recent Posts

See All
CAM True-Up: The Annual Jump Scare

Broker: Base rent looks dreamy Landlord: NNN is just light housekeeping, ignore the fine print January CAM true-up: 15% admin fee + 105% gross-up + snow removal... in Miami 🤔 Tenant: Wait, didn’t we

Ā 
Ā 
Ā 
TI Budget vs Construction Reality vs CAM Plot Twist

Broker brain: $35/SF TI = glow-up GC: That buys doorknobs and an RFI about the doorknobs Landlord: CAM reconciliation arriving with interest and snow from 2021 My model in Excel: Rent +3%, change orde

Ā 
Ā 
Ā 

Comments

Rated 0 out of 5 stars.
No ratings yet

Add a rating
bottom of page