Tim House

Background

Tim specializes in investment real estate and development land with an emphasis on value-add opportunities and net leased properties. His commercial real estate background of more than 25 years includes complex acquisitions and dispositions, IRC Section 1031 tax-deferred exchanges, major environmental issues, title and entitlement and zoning problems, site selection, bankruptcy, and foreclosure.

Before entering commercial real estate, Tim was a general contractor completing light commercial construction, tenant improvements, and apartment projects. That construction background shows up in how the firm evaluates buildings, estimates improvement costs, and advises clients on land and development risk.

Tim serves as President and Qualifying Broker of Team Southwest CRE, a small boutique brokerage. In addition to brokerage services, the firm offers client consultations, property management, leasing services, and site selection. His practice is client-focused and consultative: the goal is a long-term relationship, not a single transaction, and many of the firm's clients have worked with Tim through multiple market cycles.

He is active in the commercial real estate community, having served as Past President and board member of the Commercial Association of Realtors New Mexico (CARNM).

Areas of expertise

How Tim works with clients

• Calculated risk, minimized downside. Underwriting starts with what can go wrong: tenant credit, lease term, financing, entitlement, environmental.
• Multi-cycle perspective. Having advised clients through the 2008 to 2010 distressed period, the long recovery, the COVID workout cycle, and the recent rate reset, Tim prices risk with history, not headlines.
• Local depth, national reach. Albuquerque and Santa Fe are home markets; NNN relationships extend across the Southwest and nationally.
• Straight answers. Clients get the comps that argue against them as well as the ones that argue for them.