Chase Development

What Chase Development does

Chase Development is a privately held commercial real estate investment firm founded in 1985 and headquartered in Henderson, United States. The company develops, acquires, and manages commercial real estate investment properties, operating a property-focused investment and asset management model rather than a technology or services platform. The firm is led by its founder and President, Richard Palamar, under whose leadership the business has operated continuously for nearly four decades, suggesting a long-tenured, relationship-driven operating approach.

Public source material is extremely sparse: the company website currently renders only a verification/loading page rather than substantive content, and the available firmographic record contains no disclosed portfolio composition, property count, asset classes, geographic footprint beyond Henderson, tenant base, deal pipeline, capital structure, ownership beyond the founder's role, headcount, financials, or technology stack. No funding rounds, partnerships, awards, certifications, product launches, or management-team entries beyond the founder are documented. The company is therefore best characterized as a niche, founder-led, single-jurisdiction commercial real estate owner-operator whose scale, strategy, and investment thesis cannot be substantiated from the current evidence base.

Name

Chase Development

Website

https://chasedevelopment.com

Company type

Private

Founded year

1985

Headcount range

1–10 employees

Short description

Chase Development is a private commercial real estate firm founded in 1985 in Henderson, United States, that develops, acquires, and manages commercial real estate investment properties under founder and President Richard Palamar.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

SIC

Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

Keywords

• Commercial real estate
• Property development
• Real estate investment
• Property management
• Commercial property

Headquarters

HQ city

Henderson

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain

Core offering

Chase Development develops, acquires, and manages commercial real estate investment properties. The firm has been operating since 1985 and is based in Henderson, United States, providing end-to-end commercial real estate services covering the lifecycle of investment properties.

Product overview

No product information available. The website is currently displaying a loading/verification screen ("One moment, please...") rather than actual content.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Real Estate Development
• Commercial Real Estate Acquisition
• Commercial Property Management

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Broad incumbents

• The Howard Hughes Corporation: Large publicly traded master-planned community and commercial real estate developer with significant Las Vegas-area exposure. Comparable to Chase Development as a CRE developer/owner/operator, but operating at far greater institutional scale.
• Douglas Emmett Inc. Public REIT focused on Class A office and multifamily properties in Los Angeles and Honolulu submarkets. Comparable as a commercial real estate owner-operator, particularly the office segment, though at REIT scale rather than private developer scale.
• Vornado Realty Trust: Public REIT that owns and operates premier office and retail real estate, primarily in Manhattan. Comparable as a commercial real estate owner-operator and active acquirer/developer, though exclusively institutional-scale.
• Trammell Crow Company: Major national commercial real estate developer and investor with deep office, industrial, and multifamily development pipelines. Comparable as a CRE development platform but at significantly larger institutional scale.
• The Related Companies: Large national developer of mixed-use, commercial, and affordable housing real estate. Comparable as a CRE developer/owner, though operating across a much broader asset footprint and geography.

Direct peers

• Crow Holdings Capital: Dallas-based privately held CRE investment and development firm that develops, acquires, and manages commercial real estate on its own balance sheet and through funds. Closely comparable full-stack CRE platform model.
• Majestic Realty Co. Privately held commercial real estate developer that develops, owns, and manages industrial, office, and retail properties primarily in the western U.S. Closely mirrors Chase Development's develop-acquire-manage model in commercial product.
• Rockpoint Group: Boston-based privately held real estate investment management firm focused on acquiring and developing office, retail, hospitality, and residential assets. Comparable as a CRE investment/development principal, particularly in opportunistic and value-add strategies.

Regional players

• The Picerne Group: Las Vegas-based commercial real estate investment, development, and management firm. Direct regional comparable given shared Henderson/Las Vegas focus and full-stack development + ownership activities.
• Switch (now DataBank) / Local Las Vegas commercial landlords: DataBank (which acquired Switch) operates large-scale commercial/data center real estate in the Las Vegas market. Comparable as a Las Vegas-anchored commercial property owner, though concentrated in the data center niche rather than diversified CRE.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/chase-development

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chase Development