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
Manufactured-housing feasibility is affordable-housing demand under land-lease economics: the income-qualified household base the format serves, lot-rent comparables and the asset class's demonstrated rent durability, infill versus expansion economics on existing communities, and the regulatory environment governing new-community entitlement — frequently the binding constraint, stated plainly where it is.
How we do it
Methodology uses income-band demographics, lot-rent and occupancy surveys, state titling and community regulations review, and infrastructure budgets for expansion or new development. Coverage is tested on conservative lot absorption.
How we can help you
Land development engagements are conventionally financed in most cases, with the study built to acquisition-and-development underwriting standards — absorption, release prices, and lender exposure through the takedown schedule — and SBA or USDA program screens applied where an owner-occupied or rural end use is contemplated. The firm's land-lease analysis spans manufactured housing and RV community formats, applying the occupancy and rate discipline of its outdoor-hospitality record.
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.