Avoiding Risk in Today's Market
In this podcast, RERC CEO Kenneth P. Riggs Jr., who also serves as chief real estate economist for the CCIM Institute, discusses investor confidence, risk aversion strategies, and the outlook for the smaller tertiary markets. Listen to Ken as he notes that investors are doing their homework and due diligence, and are buying right and buying for the long term....
A Bifurcated Market
With more capital available from select sources and increased demand for less volatile investments, institutional-level commercial property prices are on an upward trend, states Ken Riggs, president and CEO of Real Estate Research Corporation and chief real estate economist for the CCIM Institute. However, in this CCIM Institute-sponsored podcast, he further explains that the commercial real estate market is increasingly divided, with some historically high prices being paid for institutional properties in top-tier markets, while other markets are seeing little or no transaction activity other than distressed property sales. Listen to Mr. Riggs discuss the challenges for investors in this bifurcated market...
Continuing on the Path to Recovery
In an abbreviated edition of his semi-annual podcast to members of the CCIM Institute, RERC's Ken Riggs noted that while investors remain nervous about the volatility we are seeing in the stock and bond markets, much equity is still sitting on the sidelines "looking for a home." Commercial real estate—and the reduced amount of risk associated with this investment alternative—is looking decidedly more attractive. Even so, investors are taking the time to “get it right” during this prolonged recovery period…
Tough Times Continue
RERC's Ken Riggs notes that while institutional real estate has been forced to mark to market and prices are close to bottoming out, the broader commercial real estate market still has a ways to go and it will take some time to "come clean." Listen to Riggs' view of what the industry and investors should expect in 2010 and beyond.
Home > About RERC > Senior Leadership > Donald A. Burns
Donald A. Burns
Managing Director
Donald Burns has more than 35 years experience providing real estate valuation and counseling services to institutions, corporations, government agencies, investors, developers and legal firms. He serves as a managing director for Real Estate Research Corporation (RERC) in the Atlanta office.
He has been a key advisor in matters dealing with portfolio asset allocations, financing, loan workouts and debt restructuring. In addition, Mr. Burns has been responsible for the origination and implementation of counseling assignments involving asset valuations, strategic positioning studies, transaction due diligence, ad valorem tax reviews, portfolio analysis, highest- and best-use studies, investment analysis and appraisal reviews. He has been a key advisor in matters ealing with portfolio asset allocation, financing, loan workouts, debt restructuring, and independent fiduciary services/fairness opinions.
Mr. Burns' notable valuation assignments include: a 150-property shopping center portfolio; The Dallas Market Center, Dallas, Texas; Inforum, Atlanta, Ga.; Peachtree Center, Atlanta, Ga.; Phipps Plaza, Atlanta, Ga.; Dadeland Mall, Miami, Fla.; Texas Commerce Tower, Dallas, Texas; Williams Square, Los Colinas, Texas; and Fashion Valley Mall, San Diego, Calif. He also specializes in unique asset types, including marts, hotels, residential and mixed-use developments, partial interests and participating debt instruments. E-mail Mr. Burns at dburns@rerc.com.