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
Storage feasibility is saturation analysis: square feet per capita in the trade area against the demand benchmarks the asset class has established, adjusted for the local drivers — household mobility, housing type, military and seasonal populations — that move the sustainable ratio. The study maps every competing facility with unit mix, occupancy, and street rates; models lease-up against the market's demonstrated absorption; and for vehicle storage evaluates the registered RV and boat population that conventional per-capita screens miss.
How we do it
The analysis combines per-capita supply screens, competitive rate and occupancy surveys, Census mobility and housing data, and state vehicle registration files for RV and boat product. The financial model carries unit-mix revenue, lease-up velocity, and expense benchmarks against the program's coverage requirement under rate stress.
How we can help you
Storage projects arrive through SBA 504 owner-operator structures and conventional lending; the study is prepared to the SOP 50 10 8 or conventional standard the engagement requires. Representative engagements include industrial storage acquisition in Hayward, California at $13,951,404 and RV and boat storage analysis in Bremerton, Washington and Sarasota, Florida.
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.