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:

Goldman Sachs - Economic Outlook 2019

Goldman Sachs Economic Outlook 2019 – Real Estate Research Roundup

By Mike Harris

The U.S. economy could very well be headed into the “home stretch” of the recovery cycle after nearly a decade of growth. Overall, the outlook for the U.S. economy in the coming year is for slower, yet still positive economic growth. Yet even though Goldman Sachs is anticipating “meaningful deceleration” in some key indicators in…

Read More
Opportunity Zones for Student Housing

Opportunity Zones, Student Housing – Interactive Map

By Mike Harris

Specific asset classes have the potential to benefit from Opportunity Zones, Student Housing is one of the first that come up. This is because college towns tend to have high-density populations of students who are intentionally unemployed while attending school full-time. In many cases, these colleges are expensive to attend and the student population is…

Read More
Qualified Opportunity Zones - Interactive Map - Tampa Bay

Tampa Opportunity Zones – Interactive Map

By Mike Harris

Use our Interactive Opportunity Zone Map to evaluate opportunities and perform site selection in Qualified Opportunity Zones in the Tampa Bay Area. The box in the upper-right corner of the map allows you to quickly enter an address to see if it falls within a Census Tract which is a Tampa Opportunity Zone. We have…

Read More
UltraFICO - Effect on Real Estate Investors & Developers

How will UltraFICO Affect Real Estate Investment & Development?

By Mike Harris

FICO scores are about to change in a big way. Meet UltraFICO. Fair Isaac Corp, creator of the widely used FICO credit score, has developed a new version of the ubiquitous lending-qualification metric, dubbed the UltraFICO. This updated version, one of the biggest shifts in credit reporting we’ve seen in a long time, promises to…

Read More
Opportunity Zone Map

Interactive Opportunity Zone Map

By Mike Harris

Use our Interactive Opportunity Zone Map to evaluate opportunities and perform site selection in Qualified Opportunity Zones. LATEST UPDATES: We now have a separate map that shows the major MSAs and the Qualified Opportunity Zones located therein Added direct links to Census Bureau for each Opportunity Zone Census Tract showing: Household Income Population Color-coded Qualified…

Read More

Qualified Opportunity Zone Resource Center for Real Estate Developers

By Mike Harris

Welcome to our Real Estate Developer Resource Center for investing and developing inside Qualified Opportunity Zones. Below the map are resources curated for the use of real estate investors and developers including official sources, downloadable documents, other portals/hubs, recent news, and discussion threads. We have marked potentially negative coverage (from the perspective of investors and…

Read More
Emerging Trends in Real Estate 2019 - PwC ULI

PwC & ULI Emerging Trends 2019 – Real Estate Research Roundup

By Mike Harris

PwC and the Urban Land Institute (ULI) annually produce one of the most comprehensive outlook reports in the real estate industry. Because of their long-running track record in producing this report, as well as their unprecedented access to C-level executives in the real estate industry, it is an absolute must-read for all real estate market participants

Read More
Sell-Side Real Estate Due Diligence

Why Sellers Should Run Due Diligence, Too

By Mike Harris

While still relatively rare, sell-side real estate due diligence can reduce the property’s time on the market, lower the risk of re-trades and improve the return, advise two consultants with CREModels.

Read More
CREModels Unveils New Tech Tools for Commercial Real Estate

CREModels Unveils New Tech Tools for Commercial Real Estate

By Mike Harris

Flagship software platform, The CRE Suite, gets a major update, empowering commercial and multifamily real estate investment and development teams to close more deals, company says.

Read More
Due Diligence is Critical for West Coast Real Estate Investors

Due Diligence is Critical for West Coast Real Estate Investors

By Mike Harris

Due diligence is of the utmost importance in all real estate transactions. However, it is particularly crucial in the West where taxes, resources and weather can play a role in a landlord’s ability to increase (or decrease) their ROI.

Read More