Valuation: Between $50 million and $100 million

Crain’s Chicago Business Oxford Capital Group has acquired Thompson Chicago, a 247-room hotel in Chicago. The sales price was not disclosed but the Chicago investment manager is believed to be paying between $70 million and $75 million, or up to ...

Pebblebrook Hotel Trust has paid $94 million, or $470,000/room, for the 200-room Jekyll Island Club Resort on Jekyll Island in Georgia. The Bethesda, Md., REIT bought the property from Northview Hotel Group of Wilton, Conn. The beachfront resort is comprised ...

ZMR Capital has paid $65 million, or $162,500/unit, for the 400-unit Hanley Place Apartments in Tampa. ZMR, a Tampa investor, bought the property, at 7315 West Hanna Ave., from NorthEnd Equities of Brooklyn, N.Y., which had acquired it in 2019 ...

Chatham Lodging Trust has completed its $71.2 million, or $264,684/room, purchase of a pair of hotels with 269 rooms in the Domain area of Austin, Texas. The West Palm Beach, Fla., REIT, which owns 41 hotels with 6,169 rooms, bought ...

RockFarmer Properties is looking to raise $50 million of equity commitments for its fifth real estate investment fund. The vehicle, RockFarmer Opportunity Fund V, pursues apartment properties in the Southeastern United States and Texas, as well as distressed debt against ...

Atlanta Business Chronicle The 763-room Sheraton Atlanta Hotel has been brought to the sales market. Arden Group owns the property, which sits on five acres at 165 Courtland St. NE. The Philadelphia real estate fund manager has hired JLL to ...

An affiliate of Afton Properties has paid $74.1 million, or $356,250/unit, for the Dylan, a 208-unit apartment property in Oceanside, Calif., about 40 miles north of San Diego. The Los Angeles apartment investor bought the complex from 29th Street Capital ...

KKR & Co. has provided $72.9 million of financing for the Beacon, a 187-unit apartment building in downtown Cleveland. The seven-year loan, which pays a four percent coupon, was arranged by Berkadia. It allowed the 29-story property's developer and owner, ...

Audubon Communities has paid $59.3 million, or $292,118/unit, for the 203-unit Square One apartment property in the Atlanta suburb of Sandy Springs, Ga., The Atlanta apartment investor, which was founded in 2003 by Andrew Schwarz, a former head of acquisitions ...

A venture of Amstar and Searles Property Group has paid $80.8 million, or $338.07/sf, for Westlake Park Place, a 239,003-square-foot office property in Westlake Village, Calif. Amstar, of Denver, and Searles, of Newport Beach, Calif., purchased the property from Invesco ...