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.
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
📊 CRE Proformas Explained: How to Evaluate Investment Deals Like a Pro 💼
📈 Proformas 101: Mastering CRE Deal Analysis for Smarter Investments 🧠
📊 Using Proformas to Evaluate Deals in Commercial Real Estate
If you're investing in commercial real estate (CRE), a well-prepared proforma isn't just helpful — it's essential. A proforma is a forward-looking financial statement that projects the income, expenses, and net operating income (NOI) of a property. In short, it's your deal’s crystal ball.
Whether you're buying your first retail strip center, developing a multifamily property, or leasing out flex industrial space, the proforma helps you determine if the numbers make sense before signing on the dotted line.
In commercial real estate, a proforma is a financial model used to evaluate a property's potential performance. It includes:
· Projected Gross Rental Income
· Vacancy Allowance
· Operating Expenses (OPEX)
· Net Operating Income (NOI)
· Debt Service Coverage Ratio (DSCR)
· Cap Rate and Resale Value Assumptions
Think of it as your “business plan” for the property.
Proformas are used by:
· Investors to compare multiple properties
· Developers to pre-qualify construction financing
· Lenders to underwrite loans
· Brokers to market deals accurately
Without a solid proforma, you’re flying blind.
When evaluating a CRE proforma, focus on:
· NOI: Net income after operating expenses (before debt)
· Cash-on-Cash Return: ROI based on actual dollars invested
· IRR (Internal Rate of Return): Projected rate over time
· Cap Rate: A property’s income return compared to price
· DSCR: Your deal’s ability to cover loan payments
1. Stress Test the Numbers: Adjust vacancy, rent growth, and expenses to create best- and worst-case scenarios.
2. Watch for Fluff: Are the rent projections too optimistic? Are expenses underestimated?
3. Validate Assumptions: Cross-check market comps, expense ratios, and local taxes.
4. Look Beyond Year 1: Multi-year projections matter, especially for value-add deals.
At Viking Enterprise Team, we help investors and business owners review proformas, structure deals, and secure the right financing. Let’s run the numbers together before you commit.
https://www.houstonrealestatebrokerage.com/houston-cre-navigator
https://www.commercialexchange.com/agent/653bf5593e3a3e1dcec275a6
http://expressoffers.com/[email protected]
https://app.bullpenre.com/profile/1742476177701x437444415125976000
https://author.billrapponline.com/
https://www.amazon.com/dp/B0F32Z5BH2
© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial Viking Enterprise Team
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!
Let us help your business succeed.
📊 CRE Proformas Explained: How to Evaluate Investment Deals Like a Pro 💼
📈 Proformas 101: Mastering CRE Deal Analysis for Smarter Investments 🧠
📊 Using Proformas to Evaluate Deals in Commercial Real Estate
If you're investing in commercial real estate (CRE), a well-prepared proforma isn't just helpful — it's essential. A proforma is a forward-looking financial statement that projects the income, expenses, and net operating income (NOI) of a property. In short, it's your deal’s crystal ball.
Whether you're buying your first retail strip center, developing a multifamily property, or leasing out flex industrial space, the proforma helps you determine if the numbers make sense before signing on the dotted line.
In commercial real estate, a proforma is a financial model used to evaluate a property's potential performance. It includes:
· Projected Gross Rental Income
· Vacancy Allowance
· Operating Expenses (OPEX)
· Net Operating Income (NOI)
· Debt Service Coverage Ratio (DSCR)
· Cap Rate and Resale Value Assumptions
Think of it as your “business plan” for the property.
Proformas are used by:
· Investors to compare multiple properties
· Developers to pre-qualify construction financing
· Lenders to underwrite loans
· Brokers to market deals accurately
Without a solid proforma, you’re flying blind.
When evaluating a CRE proforma, focus on:
· NOI: Net income after operating expenses (before debt)
· Cash-on-Cash Return: ROI based on actual dollars invested
· IRR (Internal Rate of Return): Projected rate over time
· Cap Rate: A property’s income return compared to price
· DSCR: Your deal’s ability to cover loan payments
1. Stress Test the Numbers: Adjust vacancy, rent growth, and expenses to create best- and worst-case scenarios.
2. Watch for Fluff: Are the rent projections too optimistic? Are expenses underestimated?
3. Validate Assumptions: Cross-check market comps, expense ratios, and local taxes.
4. Look Beyond Year 1: Multi-year projections matter, especially for value-add deals.
At Viking Enterprise Team, we help investors and business owners review proformas, structure deals, and secure the right financing. Let’s run the numbers together before you commit.
https://www.houstonrealestatebrokerage.com/houston-cre-navigator
https://www.commercialexchange.com/agent/653bf5593e3a3e1dcec275a6
http://expressoffers.com/[email protected]
https://app.bullpenre.com/profile/1742476177701x437444415125976000
https://author.billrapponline.com/
https://www.amazon.com/dp/B0F32Z5BH2
© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial Viking Enterprise Team
Let us help your business succeed.
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
Sign up to receive the latest news on property investment and commercial real estate listings.
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
Facebook
Instagram
X
LinkedIn
Youtube
TikTok