Real Estate Rumors: Urban Edge, M&T Bank, Clayco

Law360 (February 13, 2020, 7:34 PM EST) -- Real estate investment trust Urban Edge Properties has purchased a pair of Brooklyn properties that have office and retail space for $165 million, The Real Deal reported on Thursday. The deal is for 1630 E. 15th St. and 1715 E. 13th St., which have a combined 340,000 square feet of space and count New York Sports Club, T.J. Maxx, the Visiting Nurse Service, Marshalls and Target as tenants, according to the report. The seller is a venture of Infinity Real Estate and Nightingale Properties, Real Deal said.

M&T Bank has loaned $64.5 million to Feil Organization for a Long Island, New York, apartment...

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