The Marion Apartments is a boutique development featuring 35 residential units across four stories. Comprised primarily of Small Efficiency Dwelling Units (SEDUs ~300 SF) with high-end communal and amenity spaces, the property provides renters an affordable entry point to a new, amenity-rich home. The project required 14 months of construction followed by a six-month stabilization period. The planned hold is seven to ten years. Financing is secured with a 10-year construction-to-permanent loan at 4.9 %, locked in July 2022—three months after the Federal Reserve began raising rates to curb post-COVID inflation.