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The 10-year yield continued to stay in its low range this past week.  At this point, interest rates are not affecting many decisions to buy or sell.

Efficiencies Revisited

With that stated, I want to revisit a topic that I often harp about.  Back in September, I wrote about the “Importance of Being Organized and Efficient.”  I bring this up again as I see this challenge around me all the time.

Being an analytical, clearly, I am somewhat addicted to this topic.  However, for many, their inability to conquer this (or least be somewhat competent in this area) is costing them a loss of significant business.

One of my business partners sent me a link that spoke about several basic, but good ideas.  The writer (a business coach) stressed that good ideas are worthless if you do not have a system to implement them.  Hopefully, that is not earth-shattering news.  It seems so basic, yet many really just go from seminar to seminar and never truly implement the good ideas that have presented themselves.

Candidly, I feel for these folks as I can see they work really hard.  Unfortunately, they do not work smart.  Many have great connections, attend many events, and are truly nice people.  Yet, it is so clear that they have never learned to slow down enough to improve.  They often are the type of person that throws out a great idea, but can’t do anything with it.  They live in chaos; and seem to spread that disease to others quickly.

For this week, I suggest you go back and reread my September article.  I threw out plenty of simple suggestions there.  Keep it simple and just find one or two things to start getting better.  If you can start like that, then you can make continual strides that will simplify your business life and insulate yourself from missing opportunities.

That’s it for this week.  As always, feel free to give me a call with any of your strategic financing needs.

Articles of Interest:

NREI reported “IRS Offers New Rules and “Safe Harbors” for Pass-Through Deductions.”

Commercial Property Executive shared “New Concerns Ahead for Economy, CRE.”

NREI shared “Thriving ‘Self-Care’ Sector Fuels Demand for Strip Center Space.”

Bisnow reported “Santa Clara Approves Agrihood, City’s Largest Affordable Housing Project In Pipeline.”

See the table below for approximate interest rates.

Type Rate Fixed Term
Apartments 4.185% – 4.770% 3 to 10 year (30 yr amortization)
Commercial 4.485% – 5.070% 3 to 10 year (25 yr amortization)
SBA Lending Call for Options Call for Options
SV Commercial Lending