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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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❄️ Winter Weather & Commercial Real Estate in Houston 🌨️
🌨️ Snowstorm Survival for Houston CRE: What You Need to Know ❄️
Hey y’all, it’s not every day Houston gets hit with a winter storm warning, so let’s take a moment to marvel at the surreal scene of our subtropical city preparing for up to 5 inches of snow. Yes, snow—like the kind we watch in Hallmark movies and not-so-secretly wish for. Only this time, it’s real, and it’s making everyone a little nervous. Myself included.
As a commercial real estate enthusiast (and someone who’s more used to sweating through August than shivering in January), I can’t help but think about how this frosty forecast might impact our bustling real estate market. Spoiler alert: winter weather isn’t exactly the dream tenant for Houston CRE.
Let’s start with the obvious: Houston’s infrastructure isn’t built for this. We’re a city of sprawling freeways, loop-de-loops, and flyovers that look pretty until they turn into skating rinks. For the commercial real estate world, this means warehouses, retail centers, and office parks with tenants relying on deliveries or foot traffic might face some serious hiccups. Imagine trying to navigate icy parking lots in cowboy boots—it’s as precarious as it sounds.
Retailers, bless their hearts, are probably scrambling to decide whether to stay open or let the snowflakes take the day. I mean, Houston doesn’t own a fleet of snowplows, and nobody here knows how to drive in snow (including me). Big-box stores might see a rush of panic shoppers stocking up on bread, milk, and questionable winter gear. On the flip side, mom-and-pop shops might just opt to stay home and binge-watch Netflix. Can’t say I blame them.
Warehouses and distribution centers are the unsung heroes of Houston’s commercial real estate, but let’s be real—this weather could throw a wrench in operations. With icy roads, delivery trucks might be stuck in a snow drift somewhere near Katy. And don’t get me started on outdoor industrial equipment. Pro tip: forklifts don’t love sub-freezing temps.
Office landlords might be thanking their lucky stars for hybrid work setups. Snow and ice? No problem. Employees can hunker down at home in their pajama pants while still logging into that 9 a.m. meeting. It’s one of the few times remote work and Houston’s non-winterized real estate blend perfectly.
Here’s a fun thought: with weather patterns becoming more unpredictable, is Houston’s CRE market prepared to adapt? Should we start adding snowmelt systems to parking lots or stockpiling salt for sidewalks? It might sound ridiculous today, but after this winter wonderland fades, some developers might seriously consider adding “stormproofing” to their to-do lists.
Not everything is doom and gloom. Snow-covered commercial properties are prime Instagram material. Just picture it: The Galleria shimmering under a blanket of snow, or Discovery Green looking like a scene out of a winter fairytale. If nothing else, the marketing opportunities are endless.
Personally, I’m embracing this rare Houston snowstorm with a mix of caution and curiosity. I’ve got my fuzzy socks, hot cocoa, and a front-row seat to watch Mother Nature play havoc with our city. But if you see me out there trying to sled down a hill on a piece of cardboard—don’t judge.
So, Houston, let’s bundle up and brace ourselves. This storm is as unpredictable as the market itself, and while it might disrupt things in the short term, it’s a reminder that we’re a resilient city. Even if that means learning how to salt a driveway for the first time. Stay safe out there, and let’s hope this snow melts faster than the Astros’ offseason trades. ❄️🛠️ #WinterInHouston #CREIcyEdition
I’m an experienced Commercial Real Estate Mortgage Broker, please feel free to reach me at 281-222-0433.
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© 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 ©2021 | 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 © 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 ©2021 | 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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