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George Smith Partners Assembles $106M for Spec Project in Phoenix – Scott Meredith, senior vice president with George Smith Partners, arranged $25 million in mezzanine construction. on the risk of a spec development in a non-primary market, according to Meredith..

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Unaffordable Utah: Housing crisis hits renters hardest – Since 2010, the ongoing building boom has added 30,000 new apartment units in Utah. Wood said that’s helping a little. sb34 sought million in funding to provide low-interest construction loans.