Richard T. Burton
Mr. Burton is a Principal of McCary Stevens who joined the company in 1996. He has over 20 years of commercial real estate experience. Prior to MSA, he spent 10 years with Aetna’s real estate department originating and underwriting commercial mortgage loans. He also was a commercial mortgage loan workout specialist actively managing a $450 million problem loan portfolio, negotiating loan restructurings, initiating foreclosures, managing litigation during foreclosure and bankruptcy, testifying in court and directing property receivers. Mr. Burton also worked in the property management area managing wholly owned and foreclosed properties. He directed the foreclosure takeover and management of these properties, and negotiated and / or managed the negotiation of over 1.2 million square feet of leasing in these properties. In addition, he managed the successful sale of numerous properties, designed and directed construction redevelopment projects, negotiated settlements with tenants in bankruptcy, and designed and implemented a property reporting format for all on-site property managers. Prior to his real estate experience, Mr. Burton spent 9 years as an active duty Coast Guard Officer after graduating with a BS in Computer Science from the Coast Guard Academy (1976). His duties included being Assistant Professor at the Coast Guard Academy teaching Strategic Planning, Accounting and Finance. Mr. Burton received his MBA with High Honors from the University of Connecticut (1982).