David Bur Joins Allen & Associates Appraisal Group, INC. as Vice President

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Allen & Associates Appraisal Group, Inc., a real estate valuation and consulting firm, is pleased to welcome David Bur to its team as vice president. Bur joined the Birmingham-based firm at the end of January.

Allen & Associates Appraisal Group, Inc., a real estate valuation and consulting firm, is pleased to welcome David Bur to its team as vice president. Bur joined the Birmingham-based firm at the end of January.

As vice president of Allen & Associates Appraisal Group, Inc., Bur‘s primary function is to market appraisal services; manage assignments; prepare and review appraisals and serve as back-up in the management of the firm. This newly created position will result in an increase of the firm’s client base and in an expanded capacity to both produce and manage appraisal and consulting assignments.

Bur brings nearly twenty years of commercial real estate experience working with local and national clients for a variety of purposes including acquisitions and divestitures, ad valorem tax appeals, family law proceedings, other litigation, asset-based lending and workouts, insurance appraisals, liquidation valuation, 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. Bur has completed feasibility and marketability studies, market analyses, highest and best use studies, and market rental rate determinations.

Previously, Bur worked as managing director of Stout Risius Ross, Inc. where he managed their real estate valuation and consulting group. He also worked with Mellon Bank in Pittsburgh, BDO Seidman and a regional company in Kansas in various appraisal capacities.

“We’re enthusiastic about the addition of someone of David’s caliber to our staff. His very solid valuation background, his experience with a variety of property types as well as his expertise in real estate litigation makes him an extremely valuable asset to our team,” said Larry Allen, president of Allen & Associates Appraisal Group, Inc. “In addition, he brings new clients, a fresh perspective to management and property appraisals.”

Bur earned a B.A. in business administration in Real Estate and Urban Economics from University of Wisconsin, studying under the late Professor James Graaskamp, who had a national reputation for real estate savvy. He is a State Certified Appraiser in Michigan and Ohio. Bur’s professional affiliations include: Member Appraisal Institute (MAI) and Institute for Professionals in Taxation.

Allen & Associates Appraisal Group, Inc prepares valuation and consulting reports on more than half a billion dollars in real estate assets each year. Allen & Associates uses current valuation techniques to provide appraisal and market studies for a wide variety of multi-family, retail, office, hotel and industrial properties. The firm works with attorneys, corporations, developers, government agencies, investors and mortgage lenders to prepare valuations for mortgage financing, property tax appeals, condemnation, divorce, estate planning and acquisitions/divestitures. Media Note: Photo is attached.

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Carla Glamb Rivers
GLAMBOUROUS CREATIONS
313-310-1855
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