Inside this Issue – Fall 2020
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Welcome to the Fall 2020 issue of the S.E.C. Observer. In this issue, Steve Fithian, S.E.C., 2020 President of the Society, focuses on the needs of our people and how our organization can help during the challenges of COVID-19.

Mark Johnson, S.E.C., CCIM, reviews how COVID-19 has revised the year 2020 and the real estate industry, and Stephen Barker, S.E.C., CCIM, provides a comprehensive overview of the great transformation of the hospitality business. Darryl McCullough, S.E.C., CCIM, provides some terrific lease option strategies. Lance Warner, S.E.C., 2020 President of the S.E.C. Education Foundation, gives us an update on the Foundation’s activities. The Society News Briefs section includes information about our upcoming meetings in Indianapolis, Indiana, in September and Fort Lauderdale, Florida, in November.

Don Tardy, S.E.C., and his interesting path to real estate and eventually to the Society is featured In the Spotlight. In the History Files, in memoriam of Ron Moser, please enjoy an article he wrote several years ago to define what the Society meant to him; and Bob Steele, S.E.C. illustrates how a lifelong friendship, nurtured over many years with Society members, led to three couples having the adventure of a lifetime.

Enjoy this issue. As always, we welcome your comments, suggestions, and submissions of articles to be considered for publication. Please contact the S.E.C. Office via email at sec@secounselors.com.

Jackie Hellingson
Editor, S.E.C. Observer

S.E.C. President’s Message

President’s Message
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In this article I am going to take a break from my three previous articles that focused on the economy and our real estate business and investments. The Society is more than just a commercial real estate organization. We are a group that cares about people. This article will focus on the people of our […]

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Feature Articles

COVID-19—The Year 2020 Revised
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The virus entered our world sometime late 2019 or early 2020. I do not think anyone knows for certain when and how. However, life goes on, and each of makes it the very best it we can. We still have a crime rate, we still have forest fires, and we still hurricanes, major storms, crop […]

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Society Columns

The Great Transformation of the Hospitality Business
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Any article focusing on the hotel industry in today’s world is a daunting task. So much is happening with lightning speed that to stop for a moment and explain what is going on in this tsunami of change is almost impossible. The hospitality industry is undergoing a significant evolutionary period on many fronts. The impetus […]

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The S.E.C. History Files

What the Society Means to Me
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Editor’s Note:  Ron Moser, was an S.E.C. member for many years. He wrote this article in 2016 to memorialize his connection to the Society.  Sadly, Ron passed away on June 20, 2020, and this seems like a good time to revisit his story. I attended seminars presented by James Misko and Wally Walker in my […]

:: read this article Three Couples in England
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An adventure of a lifetime. Follow three couples as they travel by narrowboat through the Avon River Ring and hike the entire Thames River Path.

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Formulas and Strategies

Lease/Option Formulas
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Build-to-Suit with Lease Option We found an attractive parcel of land, ideal for our buyer client’s latest commercial venture. However, coming to terms on the price for the property turned out to be a battle of wills between a well-heeled and non-motivated seller and our buyer. The seller knew the property’s location and growing positive […]

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Society News Briefs

September Marketing Conference
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S.E.C. National Invitational Marketing Session Indianapolis, Indiana September 13–16, 2020 The S.E.C. National Invitational Marketing Session will be held at: The Alexander Hotel 333 S. Delaware St. Indianapolis, IN 46204 Call (855) 200-3002 to make your reservation. Make your hotel reservations early as we have a limited number of rooms available. Visit www.thealexander.com for hotel […]

:: read this article Fort Lauderdale Marketing Conference
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S.E.C. National Invitational Marketing Session Fort Lauderdale, Florida November 15-18, 2020 The S.E.C. National Invitational Marketing Session will be held at: Embassy Suites Deerfield Beach 950 South Ocean Drive Deerfield Beach, FL  33441 Call (954) 426-0478 to make your reservation. Make your hotel reservations early as we have a limited number of rooms available. The […]

:: read this article 1031 Update
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1031 Update Robert Charland, Esq. Fort Lauderdale, Florida Sunday, November 15, 2020 The S.E.C. Education Foundation and the Society of Exchange Counselors are pleased to announce that Robert Charland, Esq., will present a 1031 Update from 9:00 a.m. to 4:00 p.m. on November 15, 2020, in Fort Lauderdale, Florida. Some of the highlights and subjects […]

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In the Spotlight

Don Tardy
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Biography Don Tardy Tyler, Texas Don, an only child, was born in Roaring Springs, Texas, in 1946. His dad was 45 years old and his mother was 40 years old when he was born. What a surprise he was to his parents. Roaring Springs is a small town located 75 miles northeast of Lubbock, Texas. […]

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