Mike Harris

Managing Director

(201) 252-7487

Michael Harris is the Managing Director of CREModels, bringing over 25 years of real estate and technology experience and a lifetime of entrepreneurship to the team. Mr. Harris has held numerous roles within CREModels including Vice President of Emerging Technologies and Director of Marketing. In his current capacity as Managing Director, Mike oversees the marketing and general operations of the firm. Additionally, he is in charge of both client-facing and internal technology solutions while spearheading the CREModels Ventures and CREModels Labs divisions.

He successfully started and sold a Network Consulting company in the early 1990’s which handled both systems rollouts and training across the country. In the real estate world, Mr. Harris is known as an expert in distressed debt and REO transactions. He helped form the Special Assets Services division of a large commercial real estate brokerage firm and later served as Director of the Loan Sales division.

Mr. Harris also launched a Private Equity fund which acquires distressed commercial real estate assets in secondary markets of the US. To date they have over $25,000,000 in equity capital deployed. Mr. Harris has been involved in over $1 billion in transactions as a private investor, syndicator, broker, and lender.

Mike received his undergraduate degree in Mechanical Engineering from the University of South Florida, his MBA from the University of Florida and is a proud member of Mensa. Mr Harris has also attended the Real Estate Executive Seminar at Harvard Business School.

Mr. Harris also drives the CREModels Cares initiative and serves on the Board of Trustees for the Children’s Museum Great Explorations in St. Petersburg Florida. He also takes on an active role on the Marketing, Technology, and Fundraising committees at Great Explorations.

Content Featuring Mike Harris:

CAM Reconciliation: Deadlines Loom Large

CAM Reconciliation Deadlines Loom Large

By Mike Harris

A sinking feeling hits many people this time of year as tax time creeps closer. But for landlords in retail real estate, it can be a bit of a double-whammy: Not only are their taxes due, but the deadline for CAM reconciliations looms large as well. Generally speaking, retail tenants’ reconciliations for common area maintenance…

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Deloitte Real Estate Outlook 2019

Deloitte: Real Estate Outlook 2019 – Real Estate Research Roundup

By Mike Harris

IRR’s annual Viewpoint publication is perennial required reading, produced by one of the largest appraisal firms in the United States.

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Tech Office Tenants

Tech Office Tenants: New Powerhouse or Risky Revenue?

By Mike Harris

Should office investors be wary of tech office tenants adding sector risk to their rent rolls? The tech industry has become a powerful engine driving demand for office space in markets across the country from Silicon Valley to the emerging “Silicon Slopes” of Utah. Do tech office tenants have plenty of gas in the tank…

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Real Estate Industry Submits Opportunity Zone Comments to Treasury and IRS - CREModels.com

Qualified Opportunity Funds: The Real Estate Industry Weighs In

By Mike Harris

While the government shutdown is holding up the public hearing, we feel it may be instructive to continue to dig into the comment letters submitted on the proposed Qualified Opportunity Zone legislation. One early takeaway was that several real estate industry groups submitted letters, and we wanted to summarize the comments made by those groups…

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Densification - Retail Rebirth?

Densification: Retail Investors Double Down on Density

By Mike Harris

Retail is by no means out of the woods in its battle with Amazon and other online retailers. 2019 kicked off with more Sears stores closings in the wake of its Chapter 11 bankruptcy filing. Despite a last ditch buyout attempt, the retailer had already started shuttering its remaining 142 Sears and Kmart stores last…

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Opportunity Zone Funds Proposed Legislation Comment Letters

Opportunity Zone Comment Letters

By Mike Harris

Opportunity Zone comment letters are hitting the desks of Treasury Department and IRS officials now that the comment period for proposed regulations is over. The next public hearing will be held at a date to be announced after the resolution of the government shutdown. There are currently (as of Feb 12th) a total of 175…

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Future-Proofing Office Building Development

Future-Proof Office Building Development

By Mike Harris

Hindsight is always 20/20, and office building developments need to be designed today so they have staying power to meet the needs of office tenants in the decades to come. There are plenty of disruptive technologies already on the doorstep that are changing how and where work is conducted, not to mention the amount and…

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Co-Working Landlords

Co-Working Landlords: Ready to Battle WeWork?

By Mike Harris

Co-working has experienced explosive growth both in the U.S. and globally over the past several years. That expansion has pushed some landlords and real estate service firms to say – “If you can’t beat them, you might as well join them.” Notably, what started as a movement driven by startups and entrepreneurs looking to move…

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Opportunity Zones in Top MSAs [Interactive Map]

Interactive Opportunity Zone Map with MSAs

By Mike Harris

This is the latest addition to our library of Qualified Opportunity Zone Maps. This map shows the Qualified Opportunity Zones which touch Metropolitan Statistical Areas (MSAs) having a population of over 500,000 people. Boundaries showing MSAs with population over 500,000, showing: Population (2010 Census and 2017 Estimate) Change in Resident Population Births and Deaths Net…

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Real Estate Replacement Costs - Far Reaching Effects

Real Estate Replacement Costs May Have Far-Reaching Effects

By Mike Harris

Soaring real estate replacement costs have been a hot topic over the past year, and short of a recession that would recalibrate the balance between supply and demand, there doesn’t appear to be much relief in sight. Rising prices on materials and labor are shouldering much of the blame for the higher construction costs. And…

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