6. Construction Finance. (Building size: 70,000 square feet. Land Costs 2,000,000; Hard Costs 7,000,000; Soft Costs...
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6. Construction Finance. (Building size: 70,000 square feet. Land Costs 2,000,000; Hard Costs 7,000,000; Soft Costs 1,000,000; Developer Fee 6% of hard costs; Equity Return 18%. Construction Loan Amount 7,000,000). What is the total project cost, not including return to equity? 6. Construction Finance. (Building size: 70,000 square feet. Land Costs 2,000,000; Hard Costs 7,000,000; Soft Costs 1,000,000; Developer Fee 6% of hard costs; Equity Return 18%. Construction Loan Amount 7,000,000). What is the total project cost, not including return to equity?
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