Realtor John Kenneth “Den” Dunn who was a co-founder of a real estate firm headquartered in Dallas, died July 26 in an airplane crash, The Rainier Companies announced.
In a press release, Rainier President and CEO Danny Lovell said: “The Rainier family is deeply saddened by the loss of its co-founder, partner, and friend. Our most heartfelt sympathies go to Ken’s family during this unbelievably difficult time. He will be terribly missed.”
Dunn, who joined business icon Tim Nichols in 2003 to form the Rainier Capital Management to exclusively cater real estate investment, was on a Bombardier CL 600 jet from Coeur d’Alene, Idaho when it crashed around 3 p.m. at the Truckee Tahoe Airport in northern California. Five others died in the plane crash near Lake Tahoe.
TRC aptly described Dunn as somebody with a big personality, “was a dedicated friend to many” and “was never hesitant to contribute his wit, humor, and insight on any topic.”
Dunn, who has left behind a wife, son, daughter, stepdaughter, stepson, and three grandchildren, is also considered a genius when it comes to real estate business as shown in the manner in which the Rainier Capital Management grew to become an enviable company that was forced to close in excess of $2.5 billion of investment assets. To date, Rainier Capital Management maintains an operating portfolio valued at more than $1.6 billion.
“Ken loved to engage people, make them laugh, and bring them into his orbit for both business and personal friendship,” the press release read. Aviation authorities are yet to conclude an investigation as to what caused the plane to crash.