Your Trusted Houston Commercial Real Estate Brokerage

Viking Enterprise LLC is part of eXp Commercial, an agent-led, cloud-based commercial real estate brokerage with agents across the globe.

Your Trusted Katy / Fulshear & Houston Commercial Real Estate Brokerage

Viking Enterprise LLC is part of eXp Commercial, an agent-led, cloud-based commercial real estate brokerage with agents across the globe.

Looking to invest, buy, sell or lease? We can help.

Looking to invest, buy, sell or lease? We can help.

OUR FEATURED TENANTS & CLIENTS

eXp Commercial - Viking Enterprise Team's real estate network provides unparalleled commercial real estate services to Tenants and Landlords around the Katy- Houston area. Our knowledge, experience, and reputation sets us apart from many firms.


A commercial property owner might have various plans that would necessitate the services of a commercial real estate broker. Some of the common scenarios include:

1. Selling the Property: If the owner decides it’s time to sell the property, a commercial real estate broker can help determine the market value, market the property effectively, and negotiate with potential buyers to get the best possible price.

2. Leasing Space: For property owners looking to lease out part or all of their commercial space, a broker can help find suitable tenants, negotiate lease terms, and ensure the lease agreements meet all legal requirements and serve the owner’s best interests.

3. Acquiring More Properties: Owners looking to expand their portfolio would benefit from a broker's knowledge of the market, access to listings, and negotiation skills to secure additional properties at favorable terms.

4. Property Management: While not all brokers offer this service, some commercial real estate brokers or their affiliates offer property management services. This can be particularly appealing for owners who prefer a hands-off approach or are managing properties from a distance.

5. Market Analysis: Owners considering future developments, renovations, or rebranding of their property might engage a broker for a comprehensive market analysis. This helps in understanding current market trends, the demand for different types of spaces, and potential returns on investment for various strategies.

6. Refinancing: In situations where a property owner is looking to refinance their property, a commercial real estate broker can provide valuable insights into the property’s current market value, assist in gathering necessary documentation, and even help in finding the best financing options.

7. Partnership or Investment Opportunities: Owners interested in exploring partnerships, joint ventures, or seeking investors for expansion or development projects might use a broker to find and vet potential partners or investors.

8. Consulting on Zoning and Use Changes: When contemplating a change in the use of the property or dealing with zoning issues, a broker with experience in local regulations and the specific property type can provide guidance and strategic planning assistance.

9. Exit Strategy Planning: For owners looking to plan an exit strategy from their investment, whether it’s through a strategic sale or a gradual winding down of operations, brokers can provide market insights, timing advice, and valuation services to optimize the exit process.

In any of these scenarios, the expertise and services provided by a commercial real estate broker can save the property owner time and money, while also providing access to a wider network of potential buyers, tenants, and industry professionals. Give us a call today!

Reviews

🏠💰 Multifamily Landlords Under Fire: DOJ’s Crackdown Explained! 🚔🔥

🚨 DOJ vs. RealPage: Is This The Biggest CRE Antitrust Battle? 🏢⚖️

February 10, 20252 min read

🚨 DOJ vs. RealPage: Is This The Biggest CRE Antitrust Battle? 🏢⚖️

🏠💰 Multifamily Landlords Under Fire: DOJ’s Crackdown Explained! 🚔🔥

If you’re in commercial real estate, you know that market data is everything—but now, the DOJ is cracking down on how landlords share information. In a shocking legal twist, federal prosecutors are going after major multifamily landlords and RealPage, the controversial rent-setting software company, for alleged collusion in rental pricing.

What’s Happening?

The DOJ recently expanded its antitrust lawsuit, adding some of the biggest names in CRE, including:

  • Greystar

  • Blackstone’s LivCor

  • Camden Property Trust

  • Cushman & Wakefield

  • Willow Bridge Property Co.

  • Cortland Management

The accusation? That these firms allegedly coordinated rent prices, using RealPage’s algorithm to keep rates artificially high and reduce competition.

Why Is This a Big Deal?

For decades, landlords have shared comparables (comps) to assess rental rates—just like in any other business. But the DOJ is now questioning whether this industry-wide practice violates antitrust laws.

Multifamily executives are baffled by the lawsuit, arguing that gathering market data isn’t collusion—it’s just smart business.

💬 “If you were making a big financial decision, wouldn’t you call around and ask questions?”
—Eli Weiss, Joy Construction

Landlords Are on Edge

Even property owners who don’t use RealPage are now lawyering up, wondering if their standard practices could suddenly be considered illegal.

💼 Jeff Klotz, CEO of The Klotz Group, says he had to call his legal team immediately after the lawsuit expanded:
“When the Justice Department started naming landlords, that’s when it got real.”

The Numbers Tell a Different Story

Critics of the lawsuit argue that the DOJ is missing the real issue—that supply shortages and rising costs are the true drivers of rent hikes, not an algorithm.

In fact, some landlords claim RealPage often pushes prices down, not up. 📉
🏙️ Example: In Houston, RealPage recommended lower rents almost daily due to market shifts.

What Happens Next?

With a new administration taking over, the fate of this lawsuit is uncertain. Trump’s DOJ nominee, Pam Bondi, has yet to comment, but CRE professionals expect a business-friendly approach.

Could this blockbuster case reshape how landlords operate—or will it quietly disappear in a few months?

One thing’s for sure: the real estate industry is watching closely. 👀🏢


🔗 What do you think? Is this lawsuit justified, or is it government overreach? Drop your thoughts in the comments! 💬👇 #RealEstateNews #DOJ #CRE #Multifamily #RealPage #HousingMarket

Looking to buy, sell, or finance commercial real estate?

Work with an experienced Commercial Real Estate & Mortgage Broker you can trust!

Call me at 281-222-0433 today!

https://www.houstonrealestatebrokerage.com/

https://www.houstonrealestatebrokerage.com/houston-cre-navigator

https://www.commercialexchange.com/agent/653bf5593e3a3e1dcec275a6

http://expressoffers.com/[email protected]

© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial Viking Enterprise Team

Real Page LawsuitRealPage rent-setting algorithmDOJ Anti Trust Casecommercial real estate lawsuitmultifamily landlordsrent price collusion
blog author image

Bill Rapp, CRE Broker

I am a Houston commercial broker, with residential experience, as well as a lending background. I have been in the real estate industry for 14 years and counting, and I have worked in many roles within the industry and each has given me a unique perspective of the industry as a whole. My dedication to clients is rooted in this industry knowledge, but also includes my desire to go the extra mile in networking to source off market opportunities for my clients. Me and my team at eXp Commercial have a cutting-edge technology package that gets the widest exposure for each transaction. eXp Commercial offers a nationwide network through which we can deliver the best exposure and professional advice to achieve our clients’ goals while also minimizing their risk. Clients appreciate my methodical method of discovery in our initial consultation. Through which we can get to know each other and their specific’s business’s needs and objectives on a granular level. Our processes help navigate each transaction and its potential pitfalls through to a successful outcome for our clients. It is my stated goal to provide our clients with extensive market analysis and expertise that fosters innovative solutions and rewarding commercial real estate opportunities.

Back to Blog

eXp Commercial - Viking Enterprise team real estate network provides unparalleled commercial real estate services to Tenants and Landlords around the greater Katy & Houston MSA area. Our knowledge, experience, and reputation sets us apart from many firms.

A commercial property owner might have various plans that would necessitate the services of a commercial real estate broker. Some of the common scenarios include:

1. Selling the Property: If the owner decides it’s time to sell the property, a commercial real estate broker can help determine the market value, market the property effectively, and negotiate with potential buyers to get the best possible price.

2. Leasing Space: For property owners looking to lease out part or all of their commercial space, a broker can help find suitable tenants, negotiate lease terms, and ensure the lease agreements meet all legal requirements and serve the owner’s best interests.

3. Acquiring More Properties: Owners looking to expand their portfolio would benefit from a broker's knowledge of the market, access to listings, and negotiation skills to secure additional properties at favorable terms.

4. Property Management: While not all brokers offer this service, some commercial real estate brokers or their affiliates offer property management services. This can be particularly appealing for owners who prefer a hands-off approach or are managing properties from a distance.

5. Market Analysis: Owners considering future developments, renovations, or rebranding of their property might engage a broker for a comprehensive market analysis. This helps in understanding current market trends, the demand for different types of spaces, and potential returns on investment for various strategies.

6. Refinancing: In situations where a property owner is looking to refinance their property, a commercial real estate broker can provide valuable insights into the property’s current market value, assist in gathering necessary documentation, and even help in finding the best financing options.

7. Partnership or Investment Opportunities: Owners interested in exploring partnerships, joint ventures, or seeking investors for expansion or development projects might use a broker to find and vet potential partners or investors.

8. Consulting on Zoning and Use Changes: When contemplating a change in the use of the property or dealing with zoning issues, a broker with experience in local regulations and the specific property type can provide guidance and strategic planning assistance.

9. Exit Strategy Planning: For owners looking to plan an exit strategy from their investment, whether it’s through a strategic sale or a gradual winding down of operations, brokers can provide market insights, timing advice, and valuation services to optimize the exit process.

In any of these scenarios, the expertise and services provided by a commercial real estate broker can save the property owner time and money, while also providing access to a wider network of potential buyers, tenants, and industry professionals. Give us a call today!

Find the perfect location for your business.

Let us help your business succeed.

🏠💰 Multifamily Landlords Under Fire: DOJ’s Crackdown Explained! 🚔🔥

🚨 DOJ vs. RealPage: Is This The Biggest CRE Antitrust Battle? 🏢⚖️

February 10, 20252 min read

🚨 DOJ vs. RealPage: Is This The Biggest CRE Antitrust Battle? 🏢⚖️

🏠💰 Multifamily Landlords Under Fire: DOJ’s Crackdown Explained! 🚔🔥

If you’re in commercial real estate, you know that market data is everything—but now, the DOJ is cracking down on how landlords share information. In a shocking legal twist, federal prosecutors are going after major multifamily landlords and RealPage, the controversial rent-setting software company, for alleged collusion in rental pricing.

What’s Happening?

The DOJ recently expanded its antitrust lawsuit, adding some of the biggest names in CRE, including:

  • Greystar

  • Blackstone’s LivCor

  • Camden Property Trust

  • Cushman & Wakefield

  • Willow Bridge Property Co.

  • Cortland Management

The accusation? That these firms allegedly coordinated rent prices, using RealPage’s algorithm to keep rates artificially high and reduce competition.

Why Is This a Big Deal?

For decades, landlords have shared comparables (comps) to assess rental rates—just like in any other business. But the DOJ is now questioning whether this industry-wide practice violates antitrust laws.

Multifamily executives are baffled by the lawsuit, arguing that gathering market data isn’t collusion—it’s just smart business.

💬 “If you were making a big financial decision, wouldn’t you call around and ask questions?”
—Eli Weiss, Joy Construction

Landlords Are on Edge

Even property owners who don’t use RealPage are now lawyering up, wondering if their standard practices could suddenly be considered illegal.

💼 Jeff Klotz, CEO of The Klotz Group, says he had to call his legal team immediately after the lawsuit expanded:
“When the Justice Department started naming landlords, that’s when it got real.”

The Numbers Tell a Different Story

Critics of the lawsuit argue that the DOJ is missing the real issue—that supply shortages and rising costs are the true drivers of rent hikes, not an algorithm.

In fact, some landlords claim RealPage often pushes prices down, not up. 📉
🏙️ Example: In Houston, RealPage recommended lower rents almost daily due to market shifts.

What Happens Next?

With a new administration taking over, the fate of this lawsuit is uncertain. Trump’s DOJ nominee, Pam Bondi, has yet to comment, but CRE professionals expect a business-friendly approach.

Could this blockbuster case reshape how landlords operate—or will it quietly disappear in a few months?

One thing’s for sure: the real estate industry is watching closely. 👀🏢


🔗 What do you think? Is this lawsuit justified, or is it government overreach? Drop your thoughts in the comments! 💬👇 #RealEstateNews #DOJ #CRE #Multifamily #RealPage #HousingMarket

Looking to buy, sell, or finance commercial real estate?

Work with an experienced Commercial Real Estate & Mortgage Broker you can trust!

Call me at 281-222-0433 today!

https://www.houstonrealestatebrokerage.com/

https://www.houstonrealestatebrokerage.com/houston-cre-navigator

https://www.commercialexchange.com/agent/653bf5593e3a3e1dcec275a6

http://expressoffers.com/[email protected]

© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial Viking Enterprise Team

Real Page LawsuitRealPage rent-setting algorithmDOJ Anti Trust Casecommercial real estate lawsuitmultifamily landlordsrent price collusion
blog author image

Bill Rapp, CRE Broker

I am a Houston commercial broker, with residential experience, as well as a lending background. I have been in the real estate industry for 14 years and counting, and I have worked in many roles within the industry and each has given me a unique perspective of the industry as a whole. My dedication to clients is rooted in this industry knowledge, but also includes my desire to go the extra mile in networking to source off market opportunities for my clients. Me and my team at eXp Commercial have a cutting-edge technology package that gets the widest exposure for each transaction. eXp Commercial offers a nationwide network through which we can deliver the best exposure and professional advice to achieve our clients’ goals while also minimizing their risk. Clients appreciate my methodical method of discovery in our initial consultation. Through which we can get to know each other and their specific’s business’s needs and objectives on a granular level. Our processes help navigate each transaction and its potential pitfalls through to a successful outcome for our clients. It is my stated goal to provide our clients with extensive market analysis and expertise that fosters innovative solutions and rewarding commercial real estate opportunities.

Back to Blog

Find the perfect location for your business.

Let us help your business succeed.

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27815 Astoria Brook Ln

Katy, TX 77494 USA


9600 Great Hills Trail, Suite 150w Austin, TX 78759 |
855.450.0324 xx255

Texas Real Estate Commission Consumer Protection Notice Texas Real Estate Commission

Information About Brokerage Services eXp Commercial LLC #9010212

Viking Enterprise LLC #9009614

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27815 Astoria Brook Ln

Katy, TX 77494 USA

901 S Mopac Expwy, Bldg 2, Suite 350 Austin, TX 78746 | 512.474.5557Texas Real Estate Commission

Consumer Protection Notice Texas Real Estate Commission Information About Brokerage Services Reliance Retail, LLC #603091

Texas RS, LLC #9003193 | RESOLUT RE Is Licensed In Louisiana #0995694083