Tim L House

Tim House

Professional Background 

Tim specializes in investment real estate and development land with an emphasis on value-added opportunities and net leased properties (NNN).  Tim has transacted business on a national basis; his home market is the Albuquerque, NM area. His extensive commercial real estate background of more than 25 years includes experience with complex transactions, both acquisition and disposition, IRC 1031 tax deferred exchanges, major environmental issues, title and entitlement/zoning issues, site selection, bankruptcy, and foreclosure. Prior to entering the commercial real estate field, he was a general contractor completing a wide variety of light commercial construction, tenant improvements, and apartments. This construction background has served him and his clients well.

Tim’s real estate practice is client-focused and consultive. As a result, he is fortunate to have represented clients with multiple transactions and asset management over extended periods, several for more than two decades.  In addition to several high-net-worth individuals, successful business owners, and developers, he has represented multiple Banks and Lenders with the disposition of foreclosed properties (REO). These clients include Wells Fargo, N.A., City National Bank, KeyBank, Farm Credit Bank of Texas, U.S. Bank, GE Capital, Beal Bank, Aurora Bank, Ocwen Financial, Bayview Financial and others. He has also been involved with multiple Bankruptcy dispositions, representing Chapter 11 debtors in possession as well as Chapter 7 Bankruptcy Trustees. 

Site selection assignment clients include Perfection Honda, Santa Fe Harley Davidson, Indian Motorcycle, ABQ., Worldwide Equipment Rental, and several Quick Service Restaurants (QSRs).

Tim serves as president and qualifying broker of Team Southwest CRE which is a small boutique brokerage. In addition to brokerage services, Team Southwest CRE offers client consultations, property management, leasing services, and site selection.

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). He is also a long-time member of the association’s Professional Standards Committee, a Trustee and twice past Chairperson of the Real Estate Community Political Action Committee (RECPAC), and a past Trustee of the Realtors Political Action Committee (RPAC). The purpose of these non-partisan PACs being to protect private property rights and encourage economic growth and quality of life for members and clients.

Memberships: Commercial Association of Realtors New Mexico (CARNM), National Association of Realtors (NAR), ICSC.