Real Estate Rumors: A&E, Allegra, Deutsche

Law360, Minneapolis (December 1, 2016, 9:00 PM EST) -- A&E Real Estate Holdings LLC is paying $89 million to pick up a Brooklyn, New York, multifamily portfolio, The Real Deal reported on Thursday, citing sources with knowledge of the deal. The transaction is for a five-building portfolio that has a combined 243,000 square feet and 265 apartments, according to the report. Most of the apartments in the portfolio are rent-stabilized, Real Deal said.

A venture of Allegra Holdings LLC, Avery Hall Investments LLC and Aria Development Group has picked up a downtown Brooklyn office property from...
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