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 > Kenneth P. Riggs, Jr.
Kenneth P. Riggs, Jr.
Chairman & President
Kenneth P. Riggs, Jr. has served Real Estate Research Corporation (RERC) since 1991. He is active in bringing sophisticated and solid research to the real estate industry as the publisher of the RERC Real Estate Report, a widely quoted real estate quarterly, and the RERC/CCIM Investment Trends Quarterly. He also serves as co-publisher of Expectations & Market Realities in Real Estate, one of the nation's leading annual forecast reports, and produced Emerging Trends in Real Estate and the RERC Industry Outlook.
In addition to his research activities, Mr. Riggs oversees the firm's valuation, consulting, independent fiduciary services, and management information services. He has served as a featured speaker for the National Association of REALTORS® (NAR), the Pension Real Estate Association (PREA), the Association of Foreign Investors in Real Estate (AFIRE), the Institute of Real Estate Management (IREM), The Counselors of Real Estate, the CCIM Institute, the National Council of Real Estate Investment Fiduciaries (NCREIF), and many other respected national organizations. He has had numerous articles published and has been quoted in many publications, including The Wall Street Journal, CNNmoney, Bloomberg News, Barron's, Mortgage Banking, Real Estate Forum, Real Estate Issues, and Real Estate Portfolio, among others.
Mr. Riggs earned his master's of business administration degree from the University of Chicago, concentrating on finance/statistics, and his bachelor's of business administration in real estate and finance from Kent State University. In 2006, he was named by The National Association of REALTORS (NAR) as one of Real Estate's 25 Most Influential Thought Leaders. E-mail him at riggs@rerc.com.