News Desk

Lessons of the Barnett Shale

Although I don’t agree with the conclusion of this excellent article in Sunday’s Dallas Morning News – that the biggest mineral play in the U.S. has gone bust – there is a lot of good hands-on reporting by Elizabeth Souder

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Posted in Eric OKeefe, Feature, News Desk, Regional News, Southwest, Topics

America’s Largest Landowner Bucks Down Market

On Monday, Plum Creek Timber Company (NYSE:PCL) reported a 17 percent increase in third quarter earnings to $69 million on revenues of $414 million compared to year-ago earnings of $59 million on revenues of $407 million. At 40 cents a

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Posted in Equities, Eric OKeefe, Feature, News Desk, Topics

Lowest Property Taxes in U.S.? Alabama

Alabamans pay on average just $477 per person in property and real taxes. That’s one of the many conclusions of this 64-page background paper from the Washington-based Tax Foundation that was released earlier this month. But you already knew that because you

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Posted in Eric OKeefe, Feature, News Desk, Northeast, Regional News, South, Taxes

The Great Plague Returns?

Trees, leaves, and changing colors are one of the glorious rites of fall. Yet the more wild places I visit from coast to coast, the more it becomes apparent that it’s not crisp autumn nights that is coloring these trees and

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Posted in Eric OKeefe, Feature, News Desk, Northeast, Regional News, Timber, Topics, West

Field Report: The 2008 Presidential Campaign

With Sen. Barack Obama talking about raising long-term capital gains tax from the current rate of 15 percent, it should come as no surprise that some sellers might be a bit more motivated to unload property in the near future.

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Posted in Feature, News Desk

CAT Makes It 300 in a Row

In the midst of a mounting avalanche of bad economic news, I thought it worth singling out one company with strong ties to the land that continues to shine. Earlier this month, Caterpillar announced that it was paying a quarterly dividend

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Posted in Equities, Eric OKeefe, Feature, Midwest, News Desk, Regional News, Topics

Developer’s Diary: Ute Lake Ranch

A couple of weeks ago my fearless editor and I hitched a ride on a single-engine prop from Denver’s Centennial Airport to Tucumcari, the heart of northeast New Mexico, for a visit to a great new resort development we had been hearing about.

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Posted in Developers, Eddie Lee Rider, Equestrian, Feature, Golf, Hunting, News Desk, Recreation, Regional News, Residential Property, Southwest, Water

JOE Nixes $130 Million Sale

Earlier today Florida’s largest private landowner, The St. Joe Company, announced the cancellation of a major transaction: 67,365 acres for more than $130 million ($1,929 per acre).  The St. Joe Company (NYSE: JOE) today said that the previously announced contract for

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Posted in Equities, Eric OKeefe, Feature, News Desk, Recreation, Regional News, Residential Property, South, Timber, Topics

Field Report: Timberland

The following is excerpted from “Market Notes,” a series of interviews in the Fall 2008 issue of The Land Report by Trey Garrison featuring some of the top brokers nationwide. The complete version is available to subscribers. “Good quality timberland is selling

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Posted in Feature, News Desk, Trey Garrison

Sold! Osborne Cattle Company in the Nebraska Sandhills

Hall & Hall’s Denver office just closed on Nebraska’s Osborne Cattle Company. Located outside of Paxton in Keith and Lincoln Counties, the 20,452± deeded acres feature 2½ miles of North Platte River frontage and can run 2,000 mother cows. The ranch had been on

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Posted in Cattle, Eric OKeefe, Feature, Great Plains, News Desk, Regional News

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