NEW YORK CITY—A joint venture of RFR Holding, LLC and Real Estate Capital Partners has closed on the purchase of the 281 Park Ave. South office building in Midtown South.

TAMPA, FL—Locally-based Carter Validus Mission Critical REIT II, Inc. has paid nearly $77 million for two medical properties in Fort Worth, TX and another in Stoughton, MA.

ATLANTA— Locally-based Hospitality Ventures Management Group reports it has been selected by Garrison Investment Group of New York City to operate three Courtyard by Marriott hotels in Myrtle Beach, SC, Naples and Coral Springs, FL.

BOSTON—Development firm Tishman Speyer of New York City has unveiled a major mixed-use development project to be built at Pier 4 in Boston's Seaport District

BOSTON—The Multi-Employer Property Trust real estate fund has acquired eight medical office buildings here as well as a parking garage in deals valued at $250 million.

WASHINGTON, DC—The Hill Group's plan to relocate operations from Maryland to a narrow downtown DC lot has recently been approved by the Board of Zoning Adjustments.

WASHINGTON, DC—Although the U.S economy is booming, the DC area economy outlook is murky as economists see some positive trends on the horizon, but also predict continued low wage and job growth will dog the region.

SECAUCUS, NJ—In addition to closing the facility until the end of 2016, the state's deal with the Prudential Center in Newark also calls for restrictions as to what events the Izod Center here would book once it reopens.