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      Introduction Challenges and Opportunities in Commercial Real Estate Development Commercial real estate developers are facing the most headwinds since the Great Recession, primarily due to rising construction costs from inflation and challenging capital markets that have limited their ability to access financing for projects, but not all trends are bad. Over the past two years, dramatic shifts or planned changes to regulatory environments in multiple states have made it easier to build housing - the largest commercial real estate asset class. Improving regulatory environments or potential upcoming changes that impact zoning in major states and cities coupled with population growth has the potential to unleash massive demand for new real estate development where state and municipal governments have put in place more favorable regulatory and zoning regimes. In this guide, we identify where the best opportunities exist for developers looking to put together high-performing real estate deals that can also help alleviate the housing crisis and win goodwill for the beleaguered industry. 03

      Driving The Next Decade of Development, State-By-State Page 2 Page 4
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