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Most of the financing ($80 million) comes via a bridge loan.

The developer recently acquired the site for $160 million.

About half of the nation’s largest metros are at least six months to a year away from hitting peak supply.

With construction costs increasing, modular strategies could see growth.

The retail, industrial, and multifamily sectors could see gains from holiday spending.

The measure is scheduled to go into effect soon and the industry hopes that the incoming Trump administration can be convinced to put the ruling aside.

Some Sunbelt states were the worst affected.

The eight-story building features 340 apartments.