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:

How Retail REITs are Making it Work

How Retail REITs are Making it Work

By Mike Harris

Now more than ever, Retail REITs are being forced to raise their game — or run for cover.

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Lurking in the Lease: Unexamined Risks Could Worsen the "Retail Apocalypse"

Lurking in the Lease: Unexamined Risks Could Worsen the “Retail Apocalypse”

By Mike Harris

Concern about the fate of American retail is growing—and with good reason. Laden with debt, challenged by Amazon and racing to adapt to the changing consumer, a number of U.S. chains face uncertain futures.

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How Artificial Intelligence Is Being Used To Read Leases, Other Real Estate Documents

How Artificial Intelligence Is Being Used To Read Leases, Other Real Estate Documents

By Mike Harris

A lot of people tend to give heavily-weighted promises about Artificial Intelligence (AI) and where it is going.

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Bon-Ton’s Fortunes Shift, Investors Brace for Liquidation

By Mike Harris

It seems that time is running short, putting more urgency on the decisions that landlords make concerning properties with Bon-Ton anchors.

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Escape Clauses in Retailer Leases Could Trigger 'Domino Effect' of Vacancies at Lagging U.S. Shopping Centers

Escape Clauses in Retailer Leases Could Trigger ‘Domino Effect’ of Vacancies at Lagging U.S. Shopping Centers

By Mike Harris

Darkened anchor spaces threaten to trigger other stores’ co-tenancy clauses, necessitating careful risk assessments for many properties

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Store Closings Put Co-Tenancy Clauses In The Hot Seat

By Mike Harris

The surge in store closures from the likes of Best Buy, Macy’s and Toys “R” Us is shining a brighter spotlight on a hidden risk for retail real estate owners, investors and lenders.

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Apartment Outlook 2018: Investors work harder to maintain momentum

By Mike Harris

The surge in new construction has taken an edge off the booming apartment market, but the sector is proving that it still has gas in the tank to deliver both NOI growth and appreciation. According to Freddie Mac’s 2018 mid-year apartment outlook, released in January, the healthy performance of the multifamily market in 2017 is expected…

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Illinois’ financial woes could have big implications for landlords

By Mike Harris

Owners of real estate with government tenants should take notice The State of Illinois is proving that even some of the most stalwart tenants are not immune from financial problems that can all too quickly blow up and derail a property’s operating proforma. Illinois has been making headlines recently for its soaring deficit and a…

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Life Company Lender Survey Shows Positive Findings

By Mike Harris

Despite signs of a maturing market cycle, life insurance companies appear to be staying the course on commercial real estate lending activity.

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Real Estate Funds Break Records in Q1 2017

Real Estate Funds Break Records in Q1 2017

By Mike Harris

Private real estate funds keep multiplying with 554 funds in the market at the beginning of Q2 2017 competing for a total capital commitment of $189 billion, according to Preqin’s quarterly real estate update released in April. This represents a 13% increase in the number of funds raising from one year ago and a 24%…

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