Opportunities for Art and Real Estate in Distressed Markets with Jake Harris
Dot Dot Dot: The NINE dot ARTS Podcast
In this episode of dot dot dot, real estate professional and entrepreneur Jake Harris joins CEO Martha Weidmann to discuss investing and developing in distressed urban markets from San Antonio to Milwaukee. Jake emphasizes the tremendous value art brings to such developments, capturing and celebrating the local culture while fostering community amongst visitors and residents. Beyond creating economic and social value, Jake reflects on how art can distinguish a place as an experiential attraction – the goal for his hospitality project in San Antonio, The Arista Hotel. He and Martha express excitement for their travel to Mexico City to curate local artwork for the hotel and take inspiration from the city’s vibrant arts and cultural scene.
Discussed in the Episode:
Catching Knives: A Guide to Investing in Distressed Commercial Real Estate
Rich Dad Poor Dad by Robert T. Kiyosaki
Atomic Habits by James Clear
Wynwood Walls – Goldman Properties
Artista Hotel in San Antonio
What Can Denver Learn from Mexico City?
About Jake Harris, Founder and Managing Partner, Harris Bay:
With a background in commercial construction as an estimator, superintendent, and project manager, Jake has years of experience acquiring and repositioning below-market properties into cost-effective remodels. Over years of investment management, Jake has been responsible for $200M+ across hundreds of transactions, working with several top family offices and institutional investment firms such as Invitation Homes, Tricon, Colony Capital, and Wedgewood. He and co-founder Anton Bayer formed Harris Bay in 2014, combining their decades of experience in real estate and wealth management to focus on strategic placement of capital into opportunistic assets and locations.
Jake graduated cum laude from Rasmussen College with a Bachelor of Science degree in Entrepreneurship. He received a Master of Science degree in International Real Estate (MSIRE) from the Tibor Hollo School of Real Estate at Florida International University. He is a member of the Urban Land Institute (ULI), Accredited City-Builder Member of the Congress for New Urbanism (CNU-A), and a licensed real estate broker in California.
About Dot Dot Dot: The NINE dot ARTS Podcast
Dot Dot Dot is the continuing conversation around art and placemaking in the built environment. Hosted by NINE dot ARTS CEO Martha Weidmann, episodes explore art, culture, community, and more with a range of reputable business leaders. Tune in biweekly to learn how an original art experience can boost your business and make a social impact.
*All episodes will be available on our YouTube Channel or wherever you get your podcasts!