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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.

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

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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!

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🏢 Distressed Sales & CRE Lending: Opportunities Amid Market Shifts 📈

📊 CRE Loan Modifications on the Rise: What Investors Must Know for 2025 💸

Commercial Real Estate

December 18, 2024•2 min read

Commercial real estate (CRE) financing is undergoing a significant shift as banks face mounting pressure from rising loan delinquencies and shrinking financial flexibility. The long-standing “extend-and-pretend” strategy—where lenders push out loan maturities to avoid defaults—seems to be running out of road. Let's break down what’s happening, why it matters, and where the opportunities lie.

What’s Happening: A Surge in Loan Modifications

Banks have increased modifications on non-owner-occupied (NOO) CRE loans by 65 basis points during the first nine months of 2024—a 35% jump since mid-year, according to Moody’s. Here’s how different types of banks are responding:

· Small Banks (<$100B in assets): Recorded a dramatic 217% spike in loan modifications, though their overall share remains small.

· Mid-Sized Banks ($100B–$700B): Led the way with a 61% increase, reflecting more active loan restructuring.

· Large Banks (>$700B): Experienced a 14% uptick, showing relative stability despite market challenges.

Why “Extend-and-Pretend” Is Breaking Down

For years, lenders used “extend-and-pretend” as a strategy to avoid distressed asset sales in low-liquidity markets. But patience is wearing thin:

· Office Loan Delinquencies: Hit 11.2% in November 2024—triple early 2023 levels—and could exceed 14% by 2025.

· Multifamily Properties: Rising operational costs and slowing rent growth are pressuring even historically stable asset classes.

The Rise in Distressed Sales

With delinquencies rising, lenders are increasingly accepting losses rather than extending terms indefinitely:

· Distressed Sales Are Climbing: Between April and August 2024, seven large CRE transactions closed at losses exceeding $100M, compared to just two in 2023.

· High-Quality Assets Still Attract Capital: Premium properties are securing private investment—but at higher interest rates and tighter terms.

What’s the Risk?

The Federal Reserve Bank of New York warns that stacking loan maturities into future years creates systemic risk, potentially triggering sudden financial shocks. This environment also discourages new debt origination, stalling projects that could stimulate economic growth.

The Takeaway: A Market Ripe for Smart Investors

While the rise in loan modifications may seem like bad news, it signals opportunities for savvy investors:

· Distressed Asset Deals: Expect more distressed CRE properties hitting the market, especially in the office and multifamily sectors.

· CRE Debt Investments: Rising delinquencies and tighter lending conditions create lucrative openings in the CRE debt space.

· Value-Add Opportunities: As lenders shed underperforming assets, investors ready to reposition properties can capitalize on reduced pricing.

2025 Outlook: New Challenges, New Possibilities With delinquencies climbing and distressed sales accelerating, the CRE market is headed for major corrections in 2025. But where others see risk, investors can find potential. The time to prepare for those deals is now.

Ready to explore new investment opportunities in CRE? Let’s connect and turn today’s market shifts into tomorrow’s success!

I’m an experienced Commercial Real Estate Broker & Mortgage Broker, please feel free to reach me at 281-222-0433.

#CREInvesting #RealEstateOpportunities #LoanModifications #DistressedAssets #CommercialRealEstate #MarketTrends2025 #CREInvestors

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CRE Loan ModificationsCommercial Real Estate Market TrendsDistressed asset salesReal Estate Investment Opportunities 2025CRE Debt FinancingReal Estate Market Outlook 2025

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.

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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.