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Real Estate Rumors: Lennar, All Year Management, Lexin

By Andrew McIntyre (November 18, 2016, 4:50 PM EST) -- Lennar Corp. has received $61.76 million in construction financing for an apartment project in downtown Fort Lauderdale, according to a report on Thursday from the South Florida Business Journal. The multifamily developer received financing from Wells Fargo Bank NA for its project at 120 4th St., where Lennar is planning to build 386 apartments, the journal said. The project is slated to comprise a 25-story tower, 14-story tower and seven-story parking garage, according to the report....

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