Andy Elfmont, President of Elfmont Associates Inc., today announced that it had closed two transaction totaling $14,750,000. A ccording to Elfmont the first closing to take place was in December and was the $8,750,000 sale of the Transal Cargo Warehouse property which was followed in January by the $6,000,000 refinancing for Mission Lakes Rental Apartments, which is located in Tamarac Florida.

The reasons that this important to understand re that this is “the window” into the mindset of the government in how it’s going to work out itself out of this credit crisis. It also has several important implications that all investors should keep in mind regarding your interpretation of where we are in the economic recovery and what plans one should make if any existing or future credit needs are to be undertaken.The first point for consideration is whatever “one” may be thinking about the current economic recovery, all should bear in mind that at present such “expansion” is being kept afloat by the government manipulation and use of regulations and other means to drive the interest rates below what would be the real market rates,The second important reason is that all should take advantage of this market and finalize any and all future financing needs at today’s low artificial interest rates, which on the surface is a benefit to these policies.