The best practices for managing a commercial loan portfolio include staying informed about the current market conditions, being proactive with financing, and understanding the terms of the loan. Staying informed about the current market conditions can help you make better decisions when it comes to refinancing, acquiring, or developing a property. Being proactive with financing can help you save money by using a yield maintenance calculator to compare the cost of a loan with the savings you’ll realize with a quote from a lender. Understanding the terms of the loan is also important, as it can help you get better loan terms with a commercial mortgage alert. You can also enlist the aid of services, either paid or free, that can keep you informed about the current market conditions.