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.

SAN DIEGO—As president and COO Kent Griffin departs, several executive promotions have been announced.

DENVER—HFF arranged a $23.5 million acquisition loan so that Inland American Real Estate Trust could purchase the shadow-anchored retail center which is 97% occupied.

BEAVERTON, OR—The 9.3-acre property consists of 10, four-story buildings and a leasing office/clubhouse building with amenities that include a pool, fitness center, conference room and tot lot.

CARLSBAD, CA—The fully-leased Carlsbad Airport Corporate Center was acquired by Buchanan Street Partners for $19.5 million.

VICTORIA, BC—Avison Young negotiated the sale of Bay Centre, which it is calling the first significant British Columbia retail deal of 2015.