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 itā€™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 ownerā€™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 propertyā€™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 itā€™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

šŸ¢ 2025: CREā€™s Comeback Year! šŸ’ø

šŸ’° Unlock CRE Opportunities in 2025 šŸš€

December 13, 2024ā€¢3 min read

šŸ¢ Why 2025 Could Be a Turning Point for Commercial Real Estate šŸ’ø

As we look ahead to 2025, commercial real estate is at a pivotal moment. After a few challenging years marked by economic uncertainty and a lending freeze, the tide is finally turning. With financing back in play and new opportunities on the horizon, many experts believe that now might be the best time to invest in commercial real estate in nearly two decades. Letā€™s dive into why.


šŸ’° Lending Is Back: A $22.5 Trillion Market Reawakens

The commercial real estate lending drought that followed the pandemic seems to be easing. In 2024, loan volumes surged 26% year-over-year, reaching $539 billion, according to the Mortgage Bankers Association. Debt funds and alternative lenders stepped in where traditional banks hesitated, offering much-needed capital.

Major transactions like Rockefeller Centerā€™s $3.5B, five-year loan and the $1.2B refinancing of the Fontainebleau Miami Beach hotel have reignited the market. These high-profile deals show that while long-term loans remain tricky, lenders are more than willing to back premium properties.


šŸ™ļø Office Properties: Two Stories, One Market

While some sectors are thriving, office real estate continues to face an uphill battle. Older properties in central business districts (CBDs) have seen values plunge by 50.7% since 2021 due to high vacancies and the shift to hybrid work models.

However, not all is lost. Trophy office propertiesā€”those with modern amenities and prime locationsā€”are commanding sky-high rents, sometimes exceeding $100 per square foot in top-tier markets. In fact, the most desirable offices in places like Manhattan and San Francisco are still seeing rents hit $247 per square foot, proving that premium space still pays.


ā° The Debt Wall Is Coming

Despite these promising signs, the industry still faces a significant hurdle: the looming $1 trillion in commercial real estate loans set to mature by 2026. Higher interest ratesā€”averaging 6.74% in 2024, up from 3.5% in 2021ā€”are making refinancing more costly.

Many landlords are bridging the gap with short-term loans to keep properties afloat while waiting for better financing conditions. Itā€™s a balancing act that will define the market in the coming years.


šŸ’” The Takeaway: Opportunity Lies in Uncertainty

With property values at historic lows and yields at decade-high levels, industry leaders like Michael Acton of AEW and Nadeem Meghji of Blackstone are calling this the best entry point in 15 to 20 years. According to them, uncertainty creates opportunitiesā€”those who can see beyond todayā€™s headlines stand to benefit the most.


šŸ“ˆ Whatā€™s Next?

As the fog of uncertainty lifts, commercial real estate is set to evolve and thrive. Investors with a long-term vision, a strong strategy, and a willingness to embrace calculated risks could find 2025 to be their breakthrough year.

Are you ready to invest in the future of commercial real estate? Letā€™s build something greatā€”together.

Iā€™m an experienced Commercial Real Estate Broker, please feel free to reach me at 281-222-0433.

#CREFuture #SmartInvesting #CommercialRealEstate #CRE2025 #OpportunityAwaits šŸ¢šŸ’øšŸš€

 https://www.houstonrealestatebrokerage.com/

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

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

https://www.tenantbase.com/advisors/bill-rapp/

https://buildout.com/plugins/3e7ef61d54725c99fd76ca1f4ae24a348c56a0d4/brokers/[email protected]

www.linkedin.com/comm/mynetwork/discovery-see-all?usecase=PEOPLE_FOLLOWS&followMember=mortgageviking

https://www.fastexpert.com/agents/bill-rapp-95118/

https://www.homelight.com/agents/bill-rapp-tx-595622?preview=t

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

https://www.smartbizloans.com/assist/partner/vikingenterprisellc/expcommercial

https://go.mypartner.io/referral-partner/?ref=001Qk00000JlNcfIAF

https://www.loopnet.ca/commercial-real-estate-brokers/profile/bill-rapp/pwp0fkrb

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

Real Estate Investment OpportunitiesCRE Market Trendsproperty financing dealsReal Estate Market RecoveryCommercial Real Estate 2025
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 clientsā€™ 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 specificā€™s businessā€™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 itā€™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 ownerā€™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 propertyā€™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 itā€™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.

šŸ¢ 2025: CREā€™s Comeback Year! šŸ’ø

šŸ’° Unlock CRE Opportunities in 2025 šŸš€

December 13, 2024ā€¢3 min read

šŸ¢ Why 2025 Could Be a Turning Point for Commercial Real Estate šŸ’ø

As we look ahead to 2025, commercial real estate is at a pivotal moment. After a few challenging years marked by economic uncertainty and a lending freeze, the tide is finally turning. With financing back in play and new opportunities on the horizon, many experts believe that now might be the best time to invest in commercial real estate in nearly two decades. Letā€™s dive into why.


šŸ’° Lending Is Back: A $22.5 Trillion Market Reawakens

The commercial real estate lending drought that followed the pandemic seems to be easing. In 2024, loan volumes surged 26% year-over-year, reaching $539 billion, according to the Mortgage Bankers Association. Debt funds and alternative lenders stepped in where traditional banks hesitated, offering much-needed capital.

Major transactions like Rockefeller Centerā€™s $3.5B, five-year loan and the $1.2B refinancing of the Fontainebleau Miami Beach hotel have reignited the market. These high-profile deals show that while long-term loans remain tricky, lenders are more than willing to back premium properties.


šŸ™ļø Office Properties: Two Stories, One Market

While some sectors are thriving, office real estate continues to face an uphill battle. Older properties in central business districts (CBDs) have seen values plunge by 50.7% since 2021 due to high vacancies and the shift to hybrid work models.

However, not all is lost. Trophy office propertiesā€”those with modern amenities and prime locationsā€”are commanding sky-high rents, sometimes exceeding $100 per square foot in top-tier markets. In fact, the most desirable offices in places like Manhattan and San Francisco are still seeing rents hit $247 per square foot, proving that premium space still pays.


ā° The Debt Wall Is Coming

Despite these promising signs, the industry still faces a significant hurdle: the looming $1 trillion in commercial real estate loans set to mature by 2026. Higher interest ratesā€”averaging 6.74% in 2024, up from 3.5% in 2021ā€”are making refinancing more costly.

Many landlords are bridging the gap with short-term loans to keep properties afloat while waiting for better financing conditions. Itā€™s a balancing act that will define the market in the coming years.


šŸ’” The Takeaway: Opportunity Lies in Uncertainty

With property values at historic lows and yields at decade-high levels, industry leaders like Michael Acton of AEW and Nadeem Meghji of Blackstone are calling this the best entry point in 15 to 20 years. According to them, uncertainty creates opportunitiesā€”those who can see beyond todayā€™s headlines stand to benefit the most.


šŸ“ˆ Whatā€™s Next?

As the fog of uncertainty lifts, commercial real estate is set to evolve and thrive. Investors with a long-term vision, a strong strategy, and a willingness to embrace calculated risks could find 2025 to be their breakthrough year.

Are you ready to invest in the future of commercial real estate? Letā€™s build something greatā€”together.

Iā€™m an experienced Commercial Real Estate Broker, please feel free to reach me at 281-222-0433.

#CREFuture #SmartInvesting #CommercialRealEstate #CRE2025 #OpportunityAwaits šŸ¢šŸ’øšŸš€

 https://www.houstonrealestatebrokerage.com/

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

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

https://www.tenantbase.com/advisors/bill-rapp/

https://buildout.com/plugins/3e7ef61d54725c99fd76ca1f4ae24a348c56a0d4/brokers/[email protected]

www.linkedin.com/comm/mynetwork/discovery-see-all?usecase=PEOPLE_FOLLOWS&followMember=mortgageviking

https://www.fastexpert.com/agents/bill-rapp-95118/

https://www.homelight.com/agents/bill-rapp-tx-595622?preview=t

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

https://www.smartbizloans.com/assist/partner/vikingenterprisellc/expcommercial

https://go.mypartner.io/referral-partner/?ref=001Qk00000JlNcfIAF

https://www.loopnet.ca/commercial-real-estate-brokers/profile/bill-rapp/pwp0fkrb

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

Real Estate Investment OpportunitiesCRE Market Trendsproperty financing dealsReal Estate Market RecoveryCommercial Real Estate 2025
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 clientsā€™ 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 specificā€™s businessā€™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

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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