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 itās 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 ownerās 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 propertyās 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 itās 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
š Essential Metrics Every CRE Investor Should Track š¼
š¹ Top Financial Metrics to Master in Commercial Real Estate š¢
When it comes to commercial real estate investing, numbers tell the story. Whether youāre buying, selling, or refinancing, understanding the key performance indicators (KPIs) behind your assetās value can make or break your deal.
Here are the most important metrics every savvy investor must master:
Definition: Income after all operating expensesābut before debt service and taxes.
Why it matters: NOI determines a propertyās profitability and is the foundation for calculating cap rates and value.
Definition: The ratio of NOI to the propertyās purchase price.
Formula: Cap Rate = NOI / Purchase Price
Investor Tip: Use cap rates to compare similar properties in a market. A lower cap often signals higher demand or perceived stability.
Definition: Measures the annual return on the cash youāve actually invested.
Formula: Annual Pre-Tax Cash Flow / Total Cash Invested
Pro Insight: This is the go-to metric for investors using leverageāit shows what your money is really earning.
Definition: The projected annualized return over the holding period.
Why it matters: IRR accounts for time value of moneyācritical for comparing long-term investments.
Definition: NOI / Annual Debt Service
Investor Tip: Lenders typically want a DSCR of 1.25x or higher. It shows the property generates enough cash flow to cover debt payments comfortably.
Definition: The loan amount divided by the propertyās appraised value.
Why it matters: LTV determines leverage and impacts your borrowing termsālower LTVs generally get better rates.
Definition: The percentage of rentable space unoccupied or occupied.
Insight: Investors use this to gauge market demand and property performance. High vacancy often means an overbuilt market.
Definition: Operating expenses divided by effective gross income.
Pro Tip: Efficient operations generally have an expense ratio below 40%, depending on property type.
Definition: Operating Expenses + Debt Service / Gross Operating Income
Why it matters: This shows how much vacancy the property can handle before it starts losing money.
Definition: The percentage increase in rental income year-over-year.
Why it matters: Consistent rent growth signals a healthy market and boosts long-term returns.
Commercial real estate is a numbers gameāthose who understand the math win. By tracking these ten key metrics, investors can identify value, manage risk, and make data-driven decisions that maximize returns.
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
https://veed.cello.so/FOmzTty6oi9
Ā© 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 itās 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 ownerās 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 propertyās 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 itās 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.
š Essential Metrics Every CRE Investor Should Track š¼
š¹ Top Financial Metrics to Master in Commercial Real Estate š¢
When it comes to commercial real estate investing, numbers tell the story. Whether youāre buying, selling, or refinancing, understanding the key performance indicators (KPIs) behind your assetās value can make or break your deal.
Here are the most important metrics every savvy investor must master:
Definition: Income after all operating expensesābut before debt service and taxes.
Why it matters: NOI determines a propertyās profitability and is the foundation for calculating cap rates and value.
Definition: The ratio of NOI to the propertyās purchase price.
Formula: Cap Rate = NOI / Purchase Price
Investor Tip: Use cap rates to compare similar properties in a market. A lower cap often signals higher demand or perceived stability.
Definition: Measures the annual return on the cash youāve actually invested.
Formula: Annual Pre-Tax Cash Flow / Total Cash Invested
Pro Insight: This is the go-to metric for investors using leverageāit shows what your money is really earning.
Definition: The projected annualized return over the holding period.
Why it matters: IRR accounts for time value of moneyācritical for comparing long-term investments.
Definition: NOI / Annual Debt Service
Investor Tip: Lenders typically want a DSCR of 1.25x or higher. It shows the property generates enough cash flow to cover debt payments comfortably.
Definition: The loan amount divided by the propertyās appraised value.
Why it matters: LTV determines leverage and impacts your borrowing termsālower LTVs generally get better rates.
Definition: The percentage of rentable space unoccupied or occupied.
Insight: Investors use this to gauge market demand and property performance. High vacancy often means an overbuilt market.
Definition: Operating expenses divided by effective gross income.
Pro Tip: Efficient operations generally have an expense ratio below 40%, depending on property type.
Definition: Operating Expenses + Debt Service / Gross Operating Income
Why it matters: This shows how much vacancy the property can handle before it starts losing money.
Definition: The percentage increase in rental income year-over-year.
Why it matters: Consistent rent growth signals a healthy market and boosts long-term returns.
Commercial real estate is a numbers gameāthose who understand the math win. By tracking these ten key metrics, investors can identify value, manage risk, and make data-driven decisions that maximize returns.
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
https://veed.cello.so/FOmzTty6oi9
Ā© 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
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Information About Brokerage Services eXp Commercial LLC #9010212
Viking Enterprise LLC #9009614
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