Hertz Real Estate Services
2013 Sales: $300 – $500 Million
Who: Founded in 1946, Hertz Real Estate Services and Hertz Farm Management specialize in farmland with expertise in working with owners who don’t farm the land.
Wow: Assisted a family farm corporation sell 1,994 acres for $17.5 million. Assets included 10 wind turbines, grain handling and storage facilities, and hog-finishing facilities.
Insight: “The farmland market in our area peaked in price early last spring, and then retraced in value until harvest time. Since harvest, the market has stabilized. High-quality farmland sells well. There is less farmland for sale now than the past couple of years,” says Randy Hertz, AFM, ALC, CFP.
Download the Summer 2014 edition of The Land Report for the complete listing of our fourth annual survey of the country’s leading real estate firms specializing in land.