Skip navigation
Menu

Parke Chapman

Parke’s Recent activity

Starwood withdraws guidance for 2003
Mar 26, 2003
Starwood Hotels & Resorts Worldwide announced on Monday that it has withdrawn its first-quarter and full year 2003 guidance, citing the Gulf War’s effect on its business. The company will suspend giving guidance...
Apartment REITs close 2002 on sour note
Mar 26, 2003
The nation’s seven largest apartment REITs reported negative year-over-year changes in net operating income during the fourth quarter of 2002, according to Torto Wheaton Research. While low demand was roundly blamed...
AIMCO to sell 12-property apartment portfolio
Mar 12, 2003
Multifamily REIT Apartment Investment & Management Co. (AIMCO) has put a 12-property portfolio worth $150 million on the block. The offering includes nearly 3,000 units, which will be marketed by Secured Capital...
C&W report: London most expensive office market
Mar 12, 2003
A trio of international cities beat out New York for the title of most expensive office location. London, Tokyo and Paris retained their status as the top three priciest places to lease office space, based on a...
Moody's: Multifamily best-performing asset class
Mar 05, 2003
Nearly one quarter of all collateral securing CMBS in 2002 were multifamily properties, making the multifamily sector the third largest asset class after retail and office, according to a recent report by Moody’s...
Bear Stearns to remain in Brooklyn
Mar 03, 2003
Despite periodic threats to move thousands of its New York City employees out of the city, Bear Stearns has announced that it will renew its 300,000 sq. ft. lease at Brooklyn’s Metro Tech Center for a 20-year term...
Vital Signs Fading
Mar 01, 2003
For investors seeking an alternative to the heart-stopping swings of equities, healthcare real estate investment trusts (REITs) may not be what the doctor ordered. Total returns for healthcare REITs are down this year...
Garden Variety Slump
Mar 01, 2003
The northern New Jersey real estate market is limping through the murkiest economy in a decade. Occupancy rates across all property classes waned in 2002. Retrenching businesses dumped space on to a swelling sublease...
Today the World, Tomorrow New York
Mar 01, 2003
The storm came from the south, but the seismic force in commercial real estate came from the west. On Feb. 18, the morning after a blizzard dumped two feet of snow on New York City, Los Angeles-based CB Richard Ellis...
Load More