Commercial Lending Solutions » commercial loans

House Approves Small Business Bill

cls — Fri, 24 Sep 2010 14:23:01 +0000

Association officials praise Congress for passage

September 23, 2010 | By Paul Frumkin

The Small Business Jobs and Credit Act of 2010, which includes provisions that proponents say would provide restaurants and other small businesses with tax relief while increasing access to capital, was approved Thursday in the House by a vote of 237 to 187.

The Senate had passed it last week by a vote of 61 to 37.

The legislation now will be sent to President Obama, who has said he will sign it.

“This bill will help restaurants and small businesses with tax relief and assistance in gaining access to capital that is critical to economic and financial recovery,” said Scott DeFife, executive vice president of Policy and Government Affairs for the National Restaurant Association.

Why it pays to focus on a niche

cls — Thu, 09 Sep 2010 13:00:53 +0000

After reading the article below that was sent to me this week by a colleague, I am even more convinced that developing a “niche” is simply the best business decision one can make. After 5 years of being a generalist, I announced back in January 2010 that our defined niche was “Senior Communities”. CLS provides the funding needed to buy, renovate or construct Senior Living Communities. This includes Assisted Living, Independent Living, and Skilled Care Nursing. I have personally experienced all 10 of the benefits described in this article developed by Michael W. Byrnes Jr. www.byrnesconsulting.com.

Why it pays to focus on a niche

Market segmentation has been a successful strategy for years, yet many do not benefit from implementing this approach. Most individuals know they cannot be all things to all people, but their businesses models underperform because they are trying to do just that. By dividing a large population into segments, a business can then position itself to better fulfill the needs of one unique group.

Ten benefits of concentrating on one target market.

1. Less distractions. The scope of products and services a niche needs become narrowed, making it easier to grow to be a specialist, tailoring a customized offering, which improves satisfaction, retention and advocacy.

2. Efficiencies. Service offerings and operational processes can be much more refined, preventing a business from being pulled in too many directions.

3. Word of mouth. News will spread recognizing the business as “the one” to use in exclusive circles that are sometimes hard to penetrate.

Click here to view the entire article http://byrnesconsulting.com/2010/09/03/why-it-pays-to-focus-on-a-niche/

Adequate Accommodations

cls — Mon, 12 Apr 2010 12:16:22 +0000

As I sit on the beach in Delray Florida, I can’t help but notice the massive amount of retirees who dwell here. My family had lunch at a local restaurant and there was a group of retired men huddling in the back. It must have been at least 20 of them, laughing and joking around. My oldest daughter said “mommy, it must be a granddaddy party going on back there.”

I read somewhere (amongst all the demographic research) that by the year 2020, 1 out of every 5 individuals will be age 65 or over. Those numbers are astonishing to me. So the next viable question for a Commercial Mortgage Broker like me to ask is, “will there be adequate accommodations?” Adequate is the key word here!! Let’s face it, the baby boomers are not their parents. Gone are the days where you send mom to an assisted living facility and the highlight of her week is a visit from her grand kids. Sure the baby boomers love their grand children but they have lived and will continue to live a very active and viable lifestyle.

CLS is focusing our attention on providing debt and equity financing solutions for the purchase, renovation and construction of Assisted Living Communities.

With the implementation of the HUD 232/FHA Lean Program, CLS is confident that we are able to overcome the challenges of today’s market.

Get on the BUS!!

cls — Wed, 31 Mar 2010 12:57:43 +0000

It’s that time again!! CLS is gearing up for the next “Causeway Tour”. On Wednesday April 28^th 8:00am-noon.

If you would like a first-hand look at the world of commercial real estate investing, you need to “Get on the Bus”.

Unlike residential real estate investing, where most people can at least relate to the process from purchasing their own home, commercial real estate investing plays by a different set of rules. As a result, many people will overlook it as the investment of choice, because they don’t think they can afford to play in that arena or don’t have the know how to get started. With a little education, you can see where commercial real estate can offer a more stable investment vehicle with larger growth potential.

As your hosts, we know that these types of programs are not always that lively, so we’ve integrated some fun activities to help you learn and meet the other people on the tour. We firmly believe that getting to know other investors and professionals in the commercial real estate arena will help you in your education process. Not everyone one on the bus will be a first time investor, as we have clients, financial planners and accountants that also want to see the properties for some of their clients.

If you want to reserve your spot, then you’ll want to rsvp today before the bus is full.

There is a $47 investment to participate in the program, which covers your meal, the education, the networking and the tour. It’s a small price to pay for this great opportunity to see properties, understand the process and meet the other participants. Visit our website and watch the video of the one of the previous tours.Causeway Tour

Can Telecommuting Really Work?

cls — Mon, 29 Jun 2009 20:18:31 +0000

As I have started to grow my team of Commercial Loan Consultants, most of who would much rather work from home than drive into the office daily; I have an urgent need to put basic processes in place to insure timely communication amongst us. I must admit that the thought of not seeing them is a little concerning for me. How can we develop a close knit team if we are rarely together? I was watching this video on msnbc that answered many of my questions.

http://www.msnbc.msn.com/id/21134540/vp/31444409#29678141

I am eager to try many of the things that are working for the company they interviewed, especially video conferencing. They hired a consultant to go out to each team member’s location and set up the necessary technologies as well as train them on how to use it. I spoke with a IT friend of mine Bob Wells, with Bob’s Computer Company and here is what he had to say, “Telecommuting/working is definitely a big deal these days. Today’s technologies make it easy to setup and use; employees can access company resources, email, line of business applications, data, you name it 24/7. It just makes sense.” For more information regarding Telecommuting, Please contact Bob Wells (678)315-0954 www.bobscomputercompany.com

June 2009 Causeway Tour!!

cls — Wed, 24 Jun 2009 16:54:52 +0000

Last weeks tour was absolutely amazing!! Here is what one attendee had to say, ” Just wanted to send a quick note to Thank-You for inviting me on the tour yesterday. It was great! I will try and make all the tours because I found it to be VERY informative. ” Claudette, Investor

Our next tour has be scheduled for August 19th. Registration will open on July 15th. Be sure to check our website as we get closer to the date. www.clscause.com/events/

Properties From Last weeks Causeway Tour.
A retail strip center on Memorial Drive in Atlanta
A 6 unit multifamily in Virginia Highlands
A commercial building on Moreland Avenue (tenant in Place)
A retail building on Glenwood Avenue (tenant in place)
For more information regarding the properties on last weeks tour, please contact
Mark Harris
ALAN JOEL PARTNERS
A member of CORFAC International
962 Howell Mill Road
Atlanta, GA 30318
404-869-2606 Direct
mark@alanjoelpartners.com
www.alanjoelpartners.com