Parke Chapman

A trailblazing inner-city development firm has closed on $470 million of its newly launched $600 million fund. The partnership of Canyon Capital Realty Advisors and Earvin “Magic” Johnson’s Johnson Development...

Spanish real estate concern Metrovacesa SA has launched a $7.35 billion bid to seize control of France’s largest real estate firm, Gecina. If shareholders accept the bid, Metrovacesa SA would become Europe’s biggest...

February brought encouraging news for office landlords who have been concerned about weak hiring trends. The Labor Department reported that non-farm payrolls rose by 262,000 last month, following January’s lackluster...

Financier George Soros has embarked on an ambitious plan to spend nearly $4 billion on commercial properties located throughout England. The massive shopping spree began last month when Soros spent nearly $600 million...

Last month, top-grossing CB Richard Ellis sales broker Bill Palmer officially left the company, closing a stellar 18-year run with the Sacramento, Calif., office of CBRE. The move by Palmer, a former tight end with...

Top CB Richard Ellis sales broker Bill Palmer is going independent after 18 years of deal making out of the Sacramento, Calif. office. The Palmer Group Inc. opens its doors on March 1...

Expect solid rather than spectacular economic growth in 2005. Anticipate promising demographic trends on a longer term basis. Buy into the fundamentals recovery while it's still young, especially in high barrier-to...

Only one month into 2005, the capital markets are still humming with deals. From Seattle to Washington, DC, commercial properties are trading at rock-bottom cap rates as all manner of investor jockeys for deals...