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Parke Chapman

Parke’s Recent activity

On the Cusp of an Office Recovery?
Dec 03, 2003
The third quarter brought hope to the embattled national office market: Grubb & Ellis reports that the national office market vacancy rate has stabilized at about 18%, which could embolden landlords to cut back...
Manhattan Office Tower Receives Bomb Threat
Dec 02, 2003
A 50-story midtown Manhattan office tower received an anonymous bomb threat Monday morning, prompting thousands of tenants to leave the building at 1345 Avenue of the Americas...
OFFICE SQUEEZE PLAY
Dec 01, 2003
Surging worker productivity is great news for the U.S. economy because ultimately it leads to job creation. But in the near term, high productivity gains pose a major challenge for the struggling office market: a...
Strong October Hotel Sales Fuel Optimism For Sector
Nov 26, 2003
October hotel sales outpaced all previous months this year by more than 10%, reports Kansas City, Mo.-based Hotel Brokers International. The closing of 13 transactions last month also has raised optimism for a market...
Acadia Adds Two New Board Members
Nov 19, 2003
The former CEO of Equity Residential has joined the board of shopping center REIT Acadia Realty Trust. Douglas Crocker II and Lorrance Kellar, the former head of Kroger Co. Finance and Real Estate, have both been...
NMHC President: Don’t Cave In To NIMBY Tactics
Nov 18, 2003
Speaking before the U.S. Conference of Mayors' National Economic Summit in Manhattan, the president of the National Multi Housing Council (NMHC) urged the nation's leading mayors and business executives to defy NIMBY ...
NAREIT 2003: Retail Is Tops, Unlisted REITs Are Suspect
Nov 18, 2003
Addressing last week’s NAREIT convention, Green Street Advisors’ Mike Kirby gave a glowing appraisal of the mall sector. He wasn’t the only REIT analyst to give retail high marks at the show, where various denizens of...
Starwood Names Robert Cotter President and COO
Nov 11, 2003
Starwood Hotels & Resorts Worldwide has named Robert F. Cotter President and COO of the White Plains, N.Y.-based hotel firm. The announcement comes two weeks after Barry Sternlicht announced his intention to step...
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