The study itself takes two to three weeks. Whether it costs the deal any calendar at all is a sequencing decision.
Production time on a standard Wert-Berater study is ten to fifteen business days from complete project data; complex and international engagements run twenty to twenty-five. Those are the fixed numbers. The variable numbers are upstream and downstream of production: how long the data room takes to complete, and where in the loan cycle the study was ordered. A study commissioned at application runs parallel to everything else the file requires and costs the timeline nothing; the same study ordered after committee questions becomes the critical path, with every revision cycle compounding.
The data-readiness variable is the larger one in practice. Engagements that arrive with budgets, plans, entitlements, financials, and contracts assembled start same-week; engagements that trickle documents reset the analysis repeatedly. The difference between the two postures on an otherwise identical project is commonly a month.
On USDA-guaranteed credits the study’s quality compounds through agency review: a compliant study passes once; a deficient one enters a correspondence cycle with Reg 5001’s factor list as the checklist, and each round trip is measured in weeks. The arithmetic favors doing it once: the marginal cost of a thorough study is days; the cost of a returned one is months.
For sponsors with rate locks, seasonal construction windows, or sellers on contract deadlines, the planning instruction is one sentence: order the study when the application opens, deliver the data room complete, and the feasibility requirement will never appear on the critical path.
Independent feasibility studies since 1998 — 4,000+ engagements, $41.2 billion in evaluated project value. Standard delivery in 10 to 15 business days. Fiduciary duty to the lender and agency.
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Wert-Berater, Inc. is an independent provider of feasibility studies and other related services. The firm does not provide financing or equity investment advice, and does not arrange, broker, or place debt or equity capital of any kind.
All appraisal assignments are performed by Bruce E. Jones, MAI, ASA-GC, BCA, CMEA, a member of the Appraisal Institute since 2006, a staff member of Wert-Berater, Inc. and owner of Special Purpose Realty Valuation.