2014 Sales: $50 – $100 Million
Who: Leaders in exchanging ag production, recreation, and raw land-investment properties in Wyoming, Nebraska, South Dakota, and Montana.
Wow: Sold a 1,977-acre farm/feedlot for $5 million.
Insight: “No matter the cattle prices, crop prices, or energy prices, nobody can pull the dirt out from under you,” says Owner Blair Newman. “Financially, a lot of people get a lot of value from 1031 exchanges. I don’t foresee much change in that.”
Pictured Above: Comprised of 13,076 acres, Wyoming’s Lighnting Creek Ranch is a working cow-calf operation that also offers trophy hunting for mule deer and antelope.
Download the Summer 2015 edition of The Land Report for the complete listing of our fifth annual survey of the country’s leading real estate firms specializing in land.