This is Pontegadea’s second acquisition of premium residential real estate in the US, after agreeing to buy a New York building earlier this year. Traditionally, the firm focused on high-end office buildings and retail sites.
MBA’s latest figures showed a 1.6 percent increase in commercial/multifamily mortgage debt outstanding in the third quarter. The AIA’s Architecture Billings Index showed a decline in November as demand for design services has slowed. These are...