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Historic or Modern |
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| Bur Valuation Group has the experience needed to value historic properties as well as the most modern facilities. |
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Bur Valuation Group is lead by David D. Bur, MAI. Great pride is taken in the following qualifications and reflects our unwavering commitment to service.
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2006-present |
President
of Bur Valuation Group, which was founded in August
2006. Mr. Bur’s experience encompasses a wide range
of commercial real estate engagements for local,
national, and international clients for a variety of
purposes including acquisitions and divestitures, ad
valorem tax appeals, condemnation, family law
proceedings, other litigation, asset-based lending
and workouts, insurance appraisals, liquidation
valuation, impairment determination, and valuation
of easements and other fractional interests. He has
appraised many property types, including office,
industrial, retail, multi-family, hotel, health
care, vacant land, and many unique facilities such
as health clubs, golf and country clubs, marinas,
college buildings, convention centers, and
agricultural/mining properties. Mr. Bur has
completed feasibility and marketability studies,
market analyses, highest and best use studies, and
market rental rate determinations. |
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2005-2006 |
Vice President, Allen & Associates Appraisal Group,
Inc., a real estate valuation and consulting firm. |
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1997-2004 |
Managing Director, Stout Risius Ross, Inc. where he
managed their real estate valuation and consulting
group. Mr. Bur specialized in litigation support
assignments. |
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1991-1997 |
Assistant Vice President and Senior Appraiser,
Mellon Bank in Pittsburgh, where he was responsible
for the review of external appraisals and
preparation of internal appraisals. |
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1986-1991 |
His previous experience also includes appraisal
positions with BDO Seidman (an international
accounting firm) and a regional company in Kansas. |
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Major Projects |
Valuations of national and international portfolios
for purchase price allocation and determination of
impairment. This includes properties that were
located in Europe, Asia, Australia, Africa, and
North and South America.
Valuations of over 50 large industrial properties
(containing over 500,000 square feet of gross
building area).
Valuations of numerous portfolio assignments,
including a 96-property portfolio including
apartments, offices, and vacant land.
Valuations of major commercial and industrial
properties involved with property tax appeal,
condemnation, estate planning, family law, and other litigation
actions, as well as subsequent testimony.
Valuations of numerous golf courses and country
clubs for purposes including shareholder litigation,
property tax appeal, and financing. |
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Education |
University of Wisconsin, Madison, Business Degree in
Real Estate and Urban Economics (studied under
Professor James Graaskamp).
Various Appraisal Institute Courses and Seminars |
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Professional Licensure/Designations |
State Certified Appraiser, Michigan; and MAI,
Member of the Appraisal Institute – previously held
positions on the nominating committee and as
chairperson for candidate guidance |
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Presentation Experience |
Roundtable presenter at the Michigan Bar, Real
Property Section on the topic of Determining
Economic Feasibility in Rezoning Cases.
Conference presentations to the Institute for
Professionals in Taxation, International Right of
Way Association, Michigan Association of CPA's, National Real Estate Trust
Conference, and American Society of Appraisers on
various real estate valuation topics including
intangible value and partial interests.
Seminar presenter for Lorman Educational Services
on Reducing Real and Personal Property Tax in
Michigan. |
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Expert Witness |
United States District Courts in Ohio and Illinois;
Ohio – County Board of Revision; State of Michigan
Tax Tribunal; Macomb County Probate Court; and Wayne
and Oakland County Circuit Courts |
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Community Service |
Big Brother in Big Brothers and Big Sisters of America,
Junior Achievement Instructor,
Volunteer for North Oakland Medical Foundation |
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