Prepared for lenders, CDCs, and federal agencies to SBA SOP 50 10 8, USDA RD Instruction 5001, and conventional underwriting standards. Fiduciary duty runs to the lender and the agency, never the borrower. More than 4,000 studies since 1998 covering $40.2 billion in evaluated project value.
Assisted living feasibility quantifies the age- and income-qualified senior household base within the realistic family-decision draw area, tests it against licensed bed supply and pipeline, and models achievable monthly rates against the private-pay capacity the income distribution actually supports. Acuity mix, level-of-care pricing, and the memory-care component each carry their own economics. The operating model — care staffing ratios, wage pressure, agency-labor exposure — is analyzed as rigorously as demand, because senior care fails on labor more often than on census.
Methodology uses Census age-cohort and income data, state licensing and occupancy files, Genworth cost-of-care benchmarks, and BLS healthcare wage series, with named competitive facilities surveyed for rates and availability. The model carries census ramp, payer mix, and payroll sensitivity against the program coverage standard.
Every Wert-Berater financial model is fully linked with no hardcoded values, so any reviewer can stress any input. Deliverables comprise a complete narrative report and the linked Excel model, with ten-year pro forma, sensitivity analysis at ±5, 10, and 15 percent, interest-rate stress from +0.5 to +3.0 percent, and ratio analysis benchmarked against RMA and IBISWorld data.
SBA engagements are prepared to SOP 50 10 8, including its debt-service-coverage minimums of 1.15x operating and 1.00x global. USDA engagements follow RD Staff Instruction 5001 across the Business & Industry, Community Facilities, REAP, and Value-Added Producer Grant programs. Conventional engagements are built to the lender's stated coverage standard, typically 1.20x. Senior care reaches us through USDA B&I and Community Facilities for rural facilities and SBA or conventional structures for operator-owned projects; each study is built to the reviewing agency's evidentiary standard.
The firm's senior-care record includes a $1,700,000 USDA B&I assisted living engagement in Cortez, Colorado. Independence is non-negotiable: determinations follow the evidence and are not revised under pressure, and studies are built to pass lender, agency, and third-party review without exception items.
Qualify a project. Tell us about the project and the program. We will tell you the truth about it — scope, timeline, and fee confirmed before work begins.
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