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
Marina and dry-stack feasibility rests on registered-vessel demand against wet-slip and rack supply within the realistic trailering and cruising radius. The study counts the vessel population by length class from state registration data, censuses every competing slip and rack with current occupancy and rates, and models the proposed facility's capture by class. Hurricane-rated dry-stack construction, fuel and service revenue, and the storage-versus-slip pricing relationship each receive explicit treatment, as does flood-zone and coastal regulatory position.
How we do it
Methodology uses state vessel registration files, a physical competitive census, FEMA flood-zone documentation, and marine-industry benchmarks, with RSMeans-based budgets for rack systems and pre-engineered buildings. The model carries occupancy ramp by rack class, ancillary revenue, and liquidation analysis with orderly and forced recovery scenarios where the lender requires it.
How we can help you
Marina projects are financed under SBA 504 with special-purpose collateral treatment, USDA B&I for qualifying rural coastal communities, and conventional structures; the firm's studies address the program's collateral logic directly. Current and recent work includes a $23,750,000 SBA 504 dry-stack boathouse and RV storage facility of 437 spaces in Sarasota, Florida and marina engagements including Lake Cumberland at $25,000,000 under USDA B&I.
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.