An independent Condominium Feasibility Study evaluating a 184-unit Class A condominium sell-out in Winter Haven, Florida.
WINTER HAVEN, Florida — Wert-Berater, Inc., an independent feasibility study consulting firm serving lenders and government agencies since 1998, has completed a Condominium Feasibility Study in Winter Haven, Florida.
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.
Feasibility analysis of a Class A condominium sell-out in Winter Haven, Polk County, evaluated for conventional construction lending — an engagement defined by the willingness to reject the program as submitted. The sponsor’s 170-unit base case at $60,250,000 of total development cost failed the feasibility test; the study’s concluded program restructured the project to 184 units at $48,456,000, converting an infeasible submission into a financeable one.
A full sell-out absorption analysis — unit mix, pricing, monthly absorption pace, and presale thresholds — built into a fully linked financial model alongside the development cost optimization work, with the comparison between base case and concluded program carried through every schedule so the lender could see exactly which cost and program decisions moved the determination.
Conventional construction financing repaid through unit sell-out proceeds, with the development budget, contingency, and absorption-driven repayment schedule restructured around the 184-unit concluded program.
Independence was the engagement: a feasibility consultant paid to validate a $60,250,000 program instead concluded it infeasible and demonstrated what would be feasible — a larger unit count on a substantially smaller budget. The analytical work sat in the cost optimization (an $11,794,000 reduction in total development cost) and in defending the absorption assumptions that make any condominium sell-out determination credible to a construction lender.
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.