Inside this Issue – Summer 2020

Welcome to the Summer 2020 issue of the S.E.C. Observer. In this issue, Steve Fithian, S.E.C., incoming 2020 President of the Society, stresses the importance of being a student of economics and political science so we can make better decisions in our chosen field of Commercial Real Estate.

Jason Mittman, S.E.C., builds a case for making the best decision you can until you have to make a new decision. Darryl McCullough, S.E.C., CCIM, outlines a no cash acquisition formula.  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.

Monte Froehlich, S.E.C., CCIM, is featured In the Spotlight, and you will learn about his unique history and path to the real estate profession. In the History Files, a Q&A with Richard Reno answers many questions about exchanges and why the Society was created nearly 60 years ago.

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 e-mail at

Jackie Hellingson
Editor, S.E.C. Observer

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