Why Situs RERC®?
Situs RERC® has a long history in commercial real estate valuation with expertise in investment finance. Our firm proudly serves as the valuation management consultant and/or independent fiduciary for some of the largest portfolios or investors in the United States.
Founded in Chicago in 1931, RERC was one of the first valuation and research firms in the United States. Acquired by Situs in 2014, Situs RERC® has put its practical experience to work for both debt and equity investors. Situs RERC® has been through many real estate cycles in its 85-year history, and is here to help clients navigate this one as well.
Situs RERC’s® leadership has earned some of the highest-regarded credentials in the commercial real estate valuation industry, including the CFA, MAI, CRE, FRICS, and CCIM designations. They seamlessly integrate our capabilities with those of our clients for any property type, any capital investment, and any level of complexity.
Not all valuation management and fiduciary services firms are registered with the SEC, but Situs RERC® is an SEC Registered Investment Advisor. Compliance with SEC regulations provides additional transparency, and clients enjoy this additional layer of confidence in protecting their interests.
Manages, conducts, and/or reviews more than a thousand real estate appraisals each quarter
Over $100 billion in assets valued annually
Clients include several of the largest life insurers and retirement funds (by total assets) in the United States
Ensures that the best interests of clients and their plan participants are being served
Service all property types and all regions, specializing in portfolio and complex assignments
Sound judgement and opinions between buyers and sellers
Ensuring independence in appraisal process, and cost-effective execution by industry experts
Post Great Recession, there is a continued global economic slowdown, new cultural shifts and the Federal Reserve is raising the federal funds rate just as other central banks increase their quantitative easing, but there are a number of opportunities as well.
Bank appraisal management staff resigned just prior to the real estate market rebound. Situs provided a comprehensive solution that leveraged outsourcing, staffing, and technology to rebuild the appraisal management team without business interruption.
Valuation and Portfolio Benchmark are provided by RERC (Situs RERC) an SEC-registered investment advisor. The firm handles no investment money, and thus acts only as an independent consultant or independent fiduciary.