Commercial Real Estate Feasibility Studies in New Jersey

Fernandes & Company is a New Jersey–based CRE advisory that produces lender-grade feasibility studies for developments and acquisitions across NJ and nationwide: market demand analysis, site and zoning context, development pro forma, financing scenarios, and sensitivity analysis — with a flat-fee quote on a complimentary call and turnaround measured in days, not months.

Scope

What does a feasibility study include?

Market study (demand drivers, comps, rent/absorption, demographics); site viability review; full development or acquisition pro forma; financing structure and lender-requirement alignment; sensitivity and scenario analysis (costs, rents, rates, exit); and an executive summary written for lenders and investment committees.

Analysis

Market & Site Read

Demand drivers, comps, rent and absorption data, demographics, and site viability — the market case for the project.

In Every Study
Financial Model

Development Pro Forma

Full development or acquisition pro forma with financing structure aligned to lender requirements.

In Every Study
Risk

Sensitivity & Summary

Scenario analysis across costs, rents, rates, and exit — plus an executive summary written for committee review.

In Every Study
Who Needs One

Developers, investors, owners, and lenders.

Developers seeking construction financing, investors validating an acquisition thesis, owners weighing redevelopment or highest-and-best-use, and lenders wanting an independent read before committing. NJ lenders and towns each have their own quirks — PILOT programs, redevelopment zones, local approval dynamics — and a NJ-based analyst reads those faster than a national shop.

See real examples: a mid-construction inn's sell-vs-complete decision and an ILF-to-ALF conversion with 5x revenue potential.

Feasibility vs. Market Study

"Is there demand?" vs. "Does this pencil?"

A market study answers "is there demand?" A feasibility study answers "does this specific project pencil?" — layering the pro forma, cost structure, financing, and returns on top of the market data. We produce both, separately or combined.

FAQ

Feasibility studies, answered.

Typically 1–2 weeks depending on scope — significantly faster than the 4–8 weeks common at larger firms.

The study is built to lender-package standards: assumptions documented, sensitivity-tested, and formatted for committee review.

NJ is home base; we serve clients nationwide.

Flat fee based on project scope, quoted on a complimentary consultation call.

Get Started

Have a project to test?

Describe the site and the plan. We'll scope the study and quote it on the spot.

Schedule a Consultation

No commitment. No pressure. Just a straight conversation.