Texas LNG Terminals Get Legal Green Light! 🌟⚖️🚀

By: Bill Rapp - Commercial & Residential Mortgage Broker

Published on: 05/07/2024

📍 The construction of the Golden Pass LNG Terminal, located 10 miles south of Port Arthur on the Sabine-Neches Waterway, continues to be a focal point of interest in the energy sector. ⚡ Recently, a significant development occurred when a federal judge in Louisiana issued an injunction, potentially reviving LNG projects along the Texas Gulf Coast. This ruling came six months after President Joe Biden imposed a pause on the permitting of new LNG terminals. 🏗️

Bill Rapp, Commercial Mortgage Broker

Energy Sector Consolidations Impact Houston Office Market!

By: Bill Rapp - Commercial & Residential Mortgage Broker

Published on: 01/07/2024

The recent Supreme Court decision to overturn the decades-old precedent allowing federal agencies to interpret vague laws marks a significant shift in regulatory power. This ruling opens the door for businesses to more easily challenge regulations they find unfavorable.

Bill Rapp, Commercial Mortgage Broker

Houston Faces Office Space Surplus Amid Energy M&A Boom!

By: Bill Rapp - Commercial & Residential Mortgage Broker

Published on: 28/06/2024

Last year saw a staggering $207 billion in oil and gas company consolidations, the highest since 2012. This year, an additional $55 billion in mergers and acquisitions (M&A) have already taken place, according to JLL data. This trend is poised to temporarily reduce the office demand in Houston, a market that recorded a 25.8% vacancy rate in the first quarter.

Bill Rapp, Commercial Mortgage Broker

Midtown Redevelopment Authority Corruption: $8.5M Misused

By: Bill Rapp - Commercial & Residential Mortgage Broker

Published on: 24/06/2024

On October 31, 2023, construction was underway on a previously-owned Midtown Redevelopment Authority (MRA) lot in Houston’s Third Ward. This area has been at the center of controversy following the recent arrests of a former MRA staffer and two contractors on charges of public corruption.

Bill Rapp, Commercial Mortgage Broker