First Real Estate Investment Trust

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    The firm worked on behalf of Newgard Development Group. The financing will be used for the construction of The Gale Boutique Hotel, a 96-key lodging project in Fort Lauderdale.

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    Too much development is finally placing pressure on rents, but the capital region still ranks among the most stable multifamily markets in the U.S.

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    Kidder Mathews and Paladin Partners represented Genera Corp. in the deal. The company has leased Bolger Business Center for 10 years.

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