LOS ANGELES—Essex Property Trust has acquired 8th+Hope from developer Wood Partners. The project began in 2007, and produced a 290-unit, 22-story luxury building.

HOUSTON—Celine, La Perla,Tod's and The Webster are to join the roster of 80 retailers found only at the Galleria, while Saks expands.

BELLEVUE, WA— Lincoln Square Expansion project team will execute a continuous 24-hour pour for the foundation of a 41-story tower.

WAILEA, HI—California-based R.D. Olson has other similar projects underway or planned in Hawaii.

BELLEVUE, WA—Depicting the property as a great redevelopment opportunity in the center of a new transit-oriented overlay, Kidder Matthews brokered the sale on behalf of Red Lion Hotels Corporation.

IRVINE, CA—Although the share of flips of single family homes grew in Q4, they represented just 5% of all home sales throught the year, the lowest share since 2011, according to a year-end report from RealtyTrac.

SAN DIEGO—Chatham Lodging Trust, a hotel real estate investment trust, has completed the previously announced acquisition of the 240-room Residence Inn San Diego Downtown-Gaslamp Quarter for $90 million, or approximately $375,000 per room. “Having invested approximately $500 million into new hotel investments in 2014, our outlook on the industry remains bullish, and we expect to continue acquiring hotels in 2015 that meet our strict underwriting criteria,” said Jeffrey Fisher, chief executive officer, Chatham Lodging Trust. “The…

PORTLAND, OR—BDC advisors has paid Clarion Partners $35 million for 2100 Southwest River Parkway, an office property in the city's Central Business District.