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NMLS ID # NMLS # 228246
William Rapp, based in Houston, TX, US, is currently a Capital Advisor at Medallion Funds, bringing experience from previous roles at eXp Commercial, NEXA Mortgage, Viking Enterprise LLC and Sun Realty - Houston. William Rapp holds a 1997 - 2001 BBA in Finance @ Texas A&M University. With a robust skill set that includes REO, Sellers, SFR, FHA financing, Reverse Mortgages and more, William Rapp contributes valuable insights to the industry.
Great experience purchasing our first home! Bill was easy to reach and always able to answer any questions or concerns.
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đ World Cup 2026: Houstonâs CRE Game-Changer â˝
đ¸ Fulshearâs Next Big Investment Wave đ
Houston is on track to break its all-time visitor record, with an anticipated 54 million visitors in 2024, up from 51 million in 2023. This surge is more than just a tourism winâitâs a powerful boost for the commercial real estate (CRE) market in Houston, Katy, and Fulshear. Let's explore how this boom is reshaping the local economy and creating CRE opportunities.
Houston First Corp., the cityâs destination marketing organization, announced record-breaking hotel room bookings and rising hotel revenue per available room (RevPAR)âup 15% this year. With major conferences and events on the horizon, including the Professional Convention Management Association Convening Leaders Conference in January and the FIFA World Cup in 2026, hospitality-driven CRE is set to thrive.
¡ New Hotel Developments: As hotel demand skyrockets, expect to see new hotel projects and expansions in Houstonâs key districts.
¡ Short-Term Rentals: With a global audience visiting for events like the World Cup, short-term rental demand could spike across suburban areas like Katy and Fulshear.
The George R. Brown Convention Center is undergoing a $2 billion transformation, set for completion in 2028. While some question the value of convention center expansions, Houston is betting bigâand winning. The upgrades aim to attract even larger conferences and events, boosting demand for surrounding retail, dining, and office spaces.
¡ Retail Growth: More visitors mean increased foot traffic, driving retail leasing and development.
¡ Office Leasing: Businesses supporting the convention and events industries will seek prime office locations near event hubs.
Houston will host 12 World Baseball Classic games and seven FIFA World Cup matches, plus a 38-day Fan Fest in East Downtown. The expected economic impact is comparable to the Super Bowl, with global media exposure likely driving international investment.
¡ Downtown & East Downtown: High demand for retail, hospitality, and mixed-use developments.
¡ NRG Stadium Vicinity: Increased interest in nearby commercial projects as global visitors arrive.
Houston also scored big in the culinary world, with five local restaurants earning Michelin stars at the first Michelin Guide event in Texas. Culinary tourism is no small factorâfood-driven visitors often extend stays, boosting hotel occupancy and restaurant demand.
While Houston is the epicenter of these changes, Katy and Fulshear stand to benefit significantly. With their proximity to Houston and growing infrastructure, these areas are poised for:
¡ Retail Expansions: New shopping centers and restaurants catering to increased visitor traffic.
¡ Mixed-Use Developments: Ideal for capturing long-term stays and business travelers.
¡ Residential Growth: Workers supporting the expanding CRE landscape will need housing, driving residential real estate activity.
As Houston surges toward a record-breaking visitor year, the commercial real estate market across Houston, Katy, and Fulshear is positioned for transformative growth. Whether youâre considering hotel development, retail expansion, or mixed-use investment, the time to act is now.
Ready to explore CRE opportunities in this booming market? Letâs connect and make the most of this unprecedented growth!
Iâm an experienced Commercial Real Estate Mortgage Broker, please feel free to reach me at 281-222-0433.
#HoustonCRE #KatyRealEstate #FulshearInvestments #CommercialGrowth #CREOpportunities #HospitalityBoom #WorldCup2026
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Š 2023-2024 Bill Rapp, Medallion Funds LLC, Director of Capital Advisory
Buying your first home can be both exciting and nerve-wracking at the same time. With so many things to consider and....
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy
Copyright Š2021 | Mortgage Viking Team
Licensed to Do Business | NMLS # 228246
This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Copyright Š 2021 | Medallion Funds
Corporate | NMLS ID NMLS # 1825831
Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014
Corporate NMLS NMLS # 1825831 | Company Website: https://medallionfunds.com/bill-rapp/
Copyright Š2021 | Mortgage Viking Team Licensed to Do Business | NMLS # 228246
This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply
Corporate | NMLS ID NMLS # 1825831
Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014 https://medallionfunds.com/bill-rapp/
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