A developer purchased a parcel of land next to an elementary school in Montreal and plans to build an enclosed retail mall. Which of the following represents the greatest risk to obtaining the required entitlements? a. The city may have zoning restrictions which may limit the developer's ability to start the project Ob. Potential tenants may not find the site desirable which will delay tenant fit-out and stabilization of the property C. All of these choices d. Lenders may require higher interest rates given the current risk of the retail sector O e. Construction costs may be higher due to the additional security requirements of being close to a school