Soft Cost vs. Hard Cost Percentages
I am looking for any type of high level guidance or maybe published cost guide to estimate - at a very very high level soft costs of new build development for various asset classes.  Specifically - multifamily, retail, office for a higher end CBD project.  I'm a pure hotel guy so I've not direct exposure to those other asset classes.  Can anyone give me some guidance or maybe point me to a good high level cost study type document?
[{"id": "eiu6nqy", "text": "What numbers do you think sound reasonable?", "replies": [], "depth": 1}, {"id": "eiuhkup", "text": "This is a CANADIAN guide, but its what we use for rough numbers if not working at a firm that has an in-house proforma. Generally speaking the architect &amp; engineer are going to eat up 10% of the hard costs as a soft cost. Some firms go for 1/3 soft to 2/3s hard, but depending on your regulatory regime I've heard some dev guys go as high as 1/2 and 1/2 just due to how hard it is to get permissions.   \n\n\n[https://www.altusgroup.com/canadian-cost-guide-2019/](https://www.altusgroup.com/canadian-cost-guide-2019/)", "replies": [], "depth": 1}]