Mr. Kenneth Riggs, Jr., CRE®

Practice Focus: Investment Committee and Board roles for pension plans and investment advisors.

Retired Vice Chairman
RERC, a SitusAMC Company
Office 3024 7th St NE Washington, DC 20017 United States
Chapter Affiliation
Resume & Profiles

Member News

CREs Serve as Judges for NREI/IMN Awards

Victor Calanog, CRE, Chief Economist and Senior Vice President, Reis, Inc., New York, N.Y.  David Lynn, CRE, CEO and Co-Founder, Everest High Income Property, Montara, Calif., Ken Riggs, CRE, President, RERC, LLC, Waverly, Iowa,  and Ray Torto, CRE, Guest Lecturer, Harvard University – Graduate School of Design, Marblehead, Mass., served among the judges for the […]

Published

Situs RERC Real Estate Report, Spotlight on Value

Investors were relieved when first quarter 2016 economic data started coming in and GDP growth was positive (albeit barely), the manufacturing index showed slight growth for the second month in a row, and retail sales finally started to climb. However, the uncertainty dominating the investment environment is also affecting the commercial real estate market, as volume declines, returns inch down, and investors keep the spotlight on value. Besides the usual quarterly cap and yield rates for the institutional market, regional markets, and the top 48 metro markets, the report also closely monitors ongoing investor sentiment as prices pressure values. Edited by Ken Riggs, CRE