An independent Greenhouse Feasibility Study evaluating a geothermal-heated greenhouse and nursery enterprise in Radium Springs, New Mexico.
RADIUM SPRINGS, New Mexico — Wert-Berater, Inc., an independent feasibility study consulting firm serving lenders and government agencies since 1998, has completed a Greenhouse Feasibility Study in Radium Springs, Doña Ana County, New Mexico.
Wert-Berater served as independent feasibility consultant to the lender and USDA Rural Development. 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.
Acquisition of an established greenhouse and nursery enterprise in Radium Springs, Doña Ana County — more than 20 acres of geothermal-heated greenhouses with secured groundwater rights providing 2.3 times the water required at full production, evaluated for a USDA Business & Industry guaranteed loan under Regulation 5001. The site sits 20 minutes from Las Cruces, 1.5 hours from El Paso, and within same-day distribution reach of markets across New Mexico, Texas, and Arizona, in a national nursery and garden industry generating more than $54 billion annually.
The economic feasibility analysis confirmed labor availability through the county’s agricultural workforce and the plant- and soil-science graduate pipeline from the nearby land-grant university; the technical analysis confirmed that geothermal heating materially reduces energy-price exposure while the secured water rights neutralize the binding constraint on greenhouse operations in the arid Southwest; and the market analysis benchmarked the operation against regional and national competitors, most of which operate with limited capital reserves.
Purchase of business assets of $16,500,000 funded by the USDA-guaranteed loan plus equity; $100,000 of working capital contributed by the borrower; and $750,000 of closing costs and fees funded from loan proceeds, consistent with USDA B&I norms — a total project cost of $17,350,000.
The rate structure carried the principal risk: the B&I loan floats on a Wall Street Journal prime-based adjustable rate, so the study stress-tested coverage against rate movement and a five percent operating-cost increase, with DSCR remaining above the USDA minimum in each case. Competitive pressure from regional growers and the seasonality of nursery demand were addressed through capacity-utilization analysis and a distribution strategy spanning three states, and the break-even calculations required under 5001.203(i) confirmed solvency margins throughout the projection period.
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.