Who we are
Wert-Berater, Inc. has prepared independent feasibility studies for lenders, certified development companies, and federal agencies since 1998 — more than four thousand engagements representing $40.2 billion in evaluated project value across all fifty states and international assignments. Our fiduciary duty runs to the lender and the agency, never to the sponsor’s optimism: fees are fixed, quoted up front, never contingent on findings, and a determination is never changed under pressure.
What we do
Life-science and laboratory buildings — clinical labs, research facilities, biotech space, and lab-office conversions — are specialized real estate underwritten on tenancy depth and infrastructure cost: the mechanical intensity of lab space, the cluster economics that concentrate credible demand in a limited set of markets, and the conversion-cost reality that separates genuine lab product from office with aspirations. The study tests the market's actual lab tenancy — funded demand, not square footage of ambition — validates the building specification against the intended lab classification, and prices the buildout at the mechanical and safety infrastructure costs the use genuinely requires.
How we do it
Demand analysis from the market's research-funding base, institutional anchors, and documented lab absorption, specification review against intended biosafety and lab classification, conversion and buildout costing at lab-grade mechanical standards, and tenant-credit analysis recognizing the venture-funded profile much of the tenancy carries.
How we can help you
Clinical and diagnostic laboratory operators fit SBA owner-occupied structures; speculative and multi-tenant lab buildings are conventional credits underwritten on market depth and sponsor capacity. The firm's industrial and clinical practices converge here — specialized-envelope costing from one, healthcare tenancy analysis from the other.
How to engage us
Standard delivery is 10 to 15 business days from complete project data. Rush delivery for deals already in underwriting is accepted case by case for an additional fixed fee, quoted up front and committed in writing. Engagements are typically initiated by the borrower, with lender or CDC confirmation obtained before work begins — institutions differ, so confirm the procedure with your lending contact.