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.
Email: [email protected]
Call: (281) 222-0433
Your Trusted Katy & 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.
FEATURED PROPERTIES
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 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!
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 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!
Find the perfect location for your business.
Let us help your business succeed.
Embracing Optimism for the CRE Industry!
Embracing Optimism for the CRE Industry!
In the world of commercial real estate (CRE), the past couple of years have been challenging. With historic interest rate increases by the Federal Reserve, many predicted doom and gloom for the industry. However, there's a beacon of optimism shining through the clouds, and one expert believes that a CRE boom is on the horizon.
A Recap of Recent Years
Since March 2022, the Federal Reserve has steadily increased the federal funds rate from 0.0% to 5.25%. This move had many anticipating a crash in the CRE market, with dire predictions of banks collapsing under the weight of defaulted loans. Yet, these forecasts have not come to pass.
The expert, who has been unwavering in their analysis, estimated that defaulted CRE loans would only comprise about 2% of total loans, amounting to $92 billion. This revelation debunked fears of a market crash or banking industry collapse.
Forecasting the Future
Contrary to prevailing opinions, the expert doesn't foresee the Fed making only a couple of rate cuts in the later part of 2024 and 2025. Instead, they predict a different trajectory. They anticipate rate reductions starting as early as the second quarter of this year, bringing the federal funds rate to 4%-4.25% by the end of 2024 and further down to 3.0%-3.5% by the end of 2025.
While a decrease of 1.0%-1.25% may not seem significant, it's poised to catalyze a mini-boom in the CRE industry, particularly in the latter half of this year. Further rate cuts in 2025 could usher in a more substantial boom akin to the market resurgence witnessed in 2012 and during the tail end of the Great Recession.
Opportunities on the Horizon
The CRE market is brimming with pent-up demand and capital. With over $150 billion idling in real estate private equity funds, there's ample liquidity to acquire distressed assets and loans. Moreover, the brokerage community, which has seen lean times recently, is gearing up for a flurry of deals.
Transaction volumes, which dipped by 70% during the rate hikes, are expected to skyrocket in the coming years. Developers are eyeing dormant projects, while banks and other lenders are preparing to replenish their loan portfolios. Even shadow lenders, with a growing market share, are poised to seize new opportunities.
Embracing the Future
Institutional investors, including pension funds and sovereign wealth funds, are reawakening their interest in CRE. The REIT industry, after facing turbulence, is projected to see a resurgence with total returns expected to climb.
Distressed sales, particularly in urban areas, and investments in senior housing are highlighted as key sectors to watch. Despite challenges, the outlook for the CRE industry is bright, and savvy investors are encouraged to sharpen their pencils and seize the upcoming opportunities.
In summary, while the CRE industry weathered storms in recent years, an optimistic expert sees brighter days ahead. By navigating market shifts and embracing opportunities, stakeholders can position themselves for success in this evolving landscape.
Should you need an experienced Commercial Real Estate Broker & Mortgage Broker, please feel free to contact me at 281-222-0433.
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]
© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial LLC
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