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 How Lenders Evaluate Commercial Real Estate Deals š¼ | Top CRE Loan Tips
š¦ Inside the Mind of a Lender: How CRE Financing Decisions Are Made š¤
š¦ How Lenders Evaluate CRE Deals: What Every Investor Should Know
When you apply for a commercial real estate (CRE) loan, lenders donāt just glance at your credit score and greenlight the deal. Instead, they dive deep into the propertyās income potential, your financial profile, and overall deal structure.
In this guide, weāll break down how lenders evaluate CRE deals and what you can do to increase your chances of approvalāwhether you're acquiring retail, office, multifamily, or industrial property.
The DSCR is the gold standard for commercial lending. It measures a propertyās cash flow relative to its debt payments. Most lenders look for a DSCR of at least 1.25x, meaning the property generates 25% more income than its debt obligation.
Formula:
Net Operating Income (NOI) Ć· Annual Debt Service
LTV compares the loan amount to the propertyās appraised value. Most commercial lenders max out around 70-75% LTV. The lower your LTV, the less risk the lender perceivesāand the better your terms.
This includes your:
Ā· Personal credit score
Ā· Net worth
Ā· Liquidity
Ā· CRE experience
Ā· Global cash flow (especially on full-recourse loans)
If the deal gets shaky, lenders want confidence you can step in.
Multifamily and industrial properties often receive favorable treatment. Specialized asset classes like hotels or restaurants may face tighter scrutiny unless backed by strong sponsors. Location in a stable or growing market, like Katy or Fulshear, TX, can significantly improve lender confidence.
For income-producing properties, lenders will evaluate:
Ā· Lease terms and expiration dates
Ā· Tenant quality and diversification
Ā· Vacancy rates
Ā· Market rent comparisons
Lenders want to know how theyāll get paid back. Will you refinance in 5 years? Sell to a 1031 exchange buyer? Your strategy must align with the loanās term and risk profile.
Ā· Present a clean pro forma with conservative income and expenses.
Ā· Disclose all debts, assets, and contingencies.
Ā· Work with a broker who can match you with the right lender.
Ā· Consider bridge or SBA loans if you donāt meet conventional criteria.
Whether youāre a first-time buyer or a seasoned investor, understanding a lenderās mindset will help you package stronger deals and secure better terms. Ready to discuss your next acquisition or refinance? Letās talk.
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
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 How Lenders Evaluate Commercial Real Estate Deals š¼ | Top CRE Loan Tips
š¦ Inside the Mind of a Lender: How CRE Financing Decisions Are Made š¤
š¦ How Lenders Evaluate CRE Deals: What Every Investor Should Know
When you apply for a commercial real estate (CRE) loan, lenders donāt just glance at your credit score and greenlight the deal. Instead, they dive deep into the propertyās income potential, your financial profile, and overall deal structure.
In this guide, weāll break down how lenders evaluate CRE deals and what you can do to increase your chances of approvalāwhether you're acquiring retail, office, multifamily, or industrial property.
The DSCR is the gold standard for commercial lending. It measures a propertyās cash flow relative to its debt payments. Most lenders look for a DSCR of at least 1.25x, meaning the property generates 25% more income than its debt obligation.
Formula:
Net Operating Income (NOI) Ć· Annual Debt Service
LTV compares the loan amount to the propertyās appraised value. Most commercial lenders max out around 70-75% LTV. The lower your LTV, the less risk the lender perceivesāand the better your terms.
This includes your:
Ā· Personal credit score
Ā· Net worth
Ā· Liquidity
Ā· CRE experience
Ā· Global cash flow (especially on full-recourse loans)
If the deal gets shaky, lenders want confidence you can step in.
Multifamily and industrial properties often receive favorable treatment. Specialized asset classes like hotels or restaurants may face tighter scrutiny unless backed by strong sponsors. Location in a stable or growing market, like Katy or Fulshear, TX, can significantly improve lender confidence.
For income-producing properties, lenders will evaluate:
Ā· Lease terms and expiration dates
Ā· Tenant quality and diversification
Ā· Vacancy rates
Ā· Market rent comparisons
Lenders want to know how theyāll get paid back. Will you refinance in 5 years? Sell to a 1031 exchange buyer? Your strategy must align with the loanās term and risk profile.
Ā· Present a clean pro forma with conservative income and expenses.
Ā· Disclose all debts, assets, and contingencies.
Ā· Work with a broker who can match you with the right lender.
Ā· Consider bridge or SBA loans if you donāt meet conventional criteria.
Whether youāre a first-time buyer or a seasoned investor, understanding a lenderās mindset will help you package stronger deals and secure better terms. Ready to discuss your next acquisition or refinance? Letās talk.
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
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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