Understanding Big Climate Risks with Mary Ludgin, Senior Managing Director, Heitman | Celebrating Dan Martin

January 24, 2021

The Best of Dan Martin Rebroadcast

This is a special rerun in celebration of the life of Dan Martin. Dan Martin, host of Next Gen Waterfronts, welcomes to the show Mary Ludgin, the Senior Managing Director at Heitman, a global real estate investment firm with $44 billion in assets under management. Founded in 1966, they have 10 offices worldwide and are an active participant in three key segments of the global real estate property and capital markets, especially along the coasts.  Dan and Mary discuss how emerging coastal risks are impacting coastal real estate investments and how these risks are taken into account.  Get the inside line on the billion dollar coastal real-estate market and the changing conditions ahead.

Show Transcription
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Dan Martin

Dan Martin, a 21-year veteran and Vice President of Economics Research Associates (ERA), has directed more than 300 land use economics projects over the last 25 years and assisted on many others with Real Estate Research Corporation (RERC) and Cornerstone Development, as well as ERA. Projects include redevelopment strategies, feasibility studies, master plan economics, and economic impact studies. Dan works directly with clients assisting them and their planning teams to determine the best mix of land uses at a site and to determine and project the market demand and financial outcomes for those specific land uses at the site over time. He also has worked on many renewal and repositioning strategies for existing developments and facilities. Dan’s work includes analyses for market segmentation, attendance and revenue by segment, seasonality, and other critical operating assumptions. He uses these assumptions to prepare and update operational pro formas and financial analyses to help clients make tough decisions and pursue capital. Dan’s rich portfolio includes downtown and corridor plans, retail and hospitality feasibility, museums, zoos, theme parks, water parks, resorts, aquariums, destination retail developments, and public parks and recreation facilities in 30 states and provinces across North America and in Asia and the Middle East. This broad range of experience, across many types of facilities helps him work on both simple and complex developments at many different budget levels. In addition, Dan has published extensively on real estate and commercial and cultural attractions, including articles in Fun World, Urban Land, and Planning and has addressed myriad conferences and professional meetings. Dan is a native of Boston and a graduate of the University of Texas – Red McCombs School of Business in Austin, Texas and the Catholic University of America – School of Architecture and Planning in Washington, DC. He lives in the Chicago area with his wife and four children.