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
Mixed-use feasibility is the sum of its component analyses plus an honest treatment of their interaction. Each use — retail, residential, office, hospitality — must clear its own demand test independently, because cross-subsidy assumptions are where mixed-use pro formas fail. The study then evaluates the genuine synergies: daytime population supporting ground-floor retail, residential rent premiums attributable to amenity adjacency, shared parking economics under time-of-day demand curves. Phasing risk receives explicit treatment, since the financing of later phases typically depends on the performance of the first.
How we do it
The methodology runs component-level demand analysis to the same standard as our single-use studies, with a consolidated financial model that presents each component as a standalone pro forma alongside the combined statement — the same component-financing architecture the firm has applied to tribal travel-center and strip-retail combinations. Sensitivity analysis runs at both the component and consolidated level.
How we can help you
Mixed-use projects are financed through conventional construction lending most commonly, with SBA 504 applicable to owner-occupied components and USDA programs where rural town-center economics apply; the study allocates uses, costs, and collateral in the manner the program's eligibility rules require. The firm's component-financing methodology — standalone pro formas per use with combined synergy analysis — was developed across gas-station-plus-retail-strip and town-center engagements, including a $3,969,648 tribal travel center with retail strip in Nevada.
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.