Mr. Houge has over thirty-five years of experience in Commercial Real Estate sales & leasing and investment property sales. Michael is a specialist in the purchase and/or sale of net-leased investment properties, 1031 Tax Deferred Exchanges, and Commercial Real Estate in the Bakken shale markets and greater North Dakota. Michael has sold over a billion dollars of commercial properties. Michael has also leased over a million square feet as a landlord and tenant representative and is a significant contributor and author in various real estate trade publications; he frequently speaks on panels and in conferences on investment sales, capital markets, marketing, the Net-Lease industry, 1031 Tax-Deferred Exchanges, and North Dakota real estate. 
 
In addition to his BA Degree from the University of Minnesota, Houge has earned the two most prestigious designations in the Commercial Real Estate industry: 
 

• Certified Commercial Investment Member (CCIM)  
• The Society of Industrial and Office Realtors (SIOR) 

 
Obtaining both designations is rare since only approximately 850 of the more than 1.6 million REALTORS® hold both. Michael has served as the President of the Minnesota-Dakotas Chapter of both organizations and is currently on the Board of Directors for the Minnesota Commercial Association of REALTORS® (MNCAR). 
 
Specialties and Expertise: 
 

• 1031 Tax Deferred Exchanges  
• Net-Leased (NNN) Properties  
• Commercial Real Estate Investments  
• CRE Tax-Advantaged Strategies  
• Energy (Oil Field) Related Real Estate  
• Real Estate Technology and Innovation  
• Office and Retail Properties  
• Industrial Real Estate 
• Land Sales 
• Commercial Real Estate Financing 
• Property Sales and Acquisitions  
• Consulting for Real Estate Projects  
• Commercial Real Estate Markets 
• “Guerilla” Marketing