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¢ Why 2025 Could Be a Turning Point for Commercial Real Estate šø
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. Letās dive into why.
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 Centerās $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.
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 propertiesāthose with modern amenities and prime locationsāare 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.
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 ratesāaveraging 6.74% in 2024, up from 3.5% in 2021āare making refinancing more costly.
Many landlords are bridging the gap with short-term loans to keep properties afloat while waiting for better financing conditions. Itās a balancing act that will define the market in the coming years.
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 opportunitiesāthose who can see beyond todayās headlines stand to benefit the most.
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? Letās build something greatātogether.
Iām an experienced Commercial Real Estate Broker, please feel free to reach me at 281-222-0433.
#CREFuture #SmartInvesting #CommercialRealEstate #CRE2025 #OpportunityAwaits š¢šøš
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
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¢ Why 2025 Could Be a Turning Point for Commercial Real Estate šø
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. Letās dive into why.
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 Centerās $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.
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 propertiesāthose with modern amenities and prime locationsāare 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.
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 ratesāaveraging 6.74% in 2024, up from 3.5% in 2021āare making refinancing more costly.
Many landlords are bridging the gap with short-term loans to keep properties afloat while waiting for better financing conditions. Itās a balancing act that will define the market in the coming years.
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 opportunitiesāthose who can see beyond todayās headlines stand to benefit the most.
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? Letās build something greatātogether.
Iām an experienced Commercial Real Estate Broker, please feel free to reach me at 281-222-0433.
#CREFuture #SmartInvesting #CommercialRealEstate #CRE2025 #OpportunityAwaits š¢šøš
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
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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