An independent Boutique Lodge Feasibility Study evaluating a six-cabin boutique hospitality lodge with guest-services building in Valdez, Alaska.
VALDEZ, Alaska — Wert-Berater, Inc., an independent feasibility study consulting firm serving lenders and government agencies since 1998, has completed a Boutique Lodge Feasibility Study in Valdez, Alaska.
Wert-Berater served as independent feasibility consultant to the lender. Party names are withheld consistent with the confidential nature of underwriting and capital-advisory work; figures represent the project as evaluated at the study date.
Ground-up development of a six-cabin owner-operated boutique hospitality lodge in the Prince William Sound tourism market — five standard guest cabins and one larger flagship cabin — supported by a guest-services building with a shared hot tub, sauna, and outdoor gathering area. The study underwrote a blended average daily rate near $370 and occupancy ramping to a stabilized 62.5 percent, producing coverage sufficient to return a favorable determination against the SBA 7(a) framework.
Six purpose-built guest cabins across two room types, a central guest-services building, shared amenities including a hot tub, sauna, and outdoor gathering area, and full site improvements on a compact parcel positioned for seasonal Prince William Sound tourism demand.
$2,890,461 SBA 7(a) facility (85.4 percent of total project cost) at 8.00 percent over 300 months, with $494,730 of borrower equity (14.6 percent) — total project cost of $3,385,191 against annual debt service of $267,709.
A six-key lodge in a short, seasonal Alaskan market has little margin for rate slippage, so the study’s central task was testing whether the underwritten average daily rate could actually be realized rather than assumed. Coverage of 1.37x in the first stabilized year is favorable but not generous, and the determination was returned as favorable with conditions: an ADR rate-realization covenant tying the credit to achieved rate, a funded debt-service reserve, and standard closing items including property-tax confirmation, a guarantor personal financial statement, a not-to-exceed construction contract, and Alaska State Fire Marshal plan review. The conclusion was conditioned, not softened.
Wert-Berater, Inc. is an independent feasibility study consulting firm founded in 1998, providing lender- and agency-facing feasibility studies, highest-and-best-use analyses, and capital-advisory support. The firm has completed more than 4,000 engagements across all 50 states and internationally, evaluating over $40.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. In every engagement, fiduciary duty runs to the lender and the applicable agency.
Media contact: Donald Safranek, MSc, President, Wert-Berater, Inc. — +1 310-857-2443 ext. 800. Press inquiries only; client, lender, and property identities remain confidential.
President, Wert-Berater, Inc. — independent feasibility study consultants since 1998. More than 4,000 feasibility studies completed across all 50 states and internationally, evaluating $40.2 billion in project value for SBA, USDA, EB-5, conventional, and institutional financing decisions. Fiduciary duty runs to the lender and agency in every engagement.
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Schedule a ConversationIndependent feasibility studies since 1998 — 4,000+ engagements, $40.2 billion in evaluated project value. Standard delivery in 10 to 15 business days. Fiduciary duty to the lender and agency.