Soft costs

SOFT COSTS IN COMMERCIAL DEVELOPMENT

A Closer Look at Soft Costs in Commercial Development Summary: What are soft costs? Soft costs are not directly tied to construction. Many of these costs are incurred early in commercial development and before construction. Let’s examine the soft costs of new commercial initiatives. Let’s look more closely at the soft costs connected to the […]

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WHAT ARE SOFT COSTS AND HARD COSTS?

When budgeting for a commercial development project, keep in mind that costs are typically divided into two categories: hard costs and soft costs. The importance of a detailed budget to the success of a development project, it’s critical to comprehend some of the specifics of these cost breakdowns. You should be able to identify the

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