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Bill Gates Pays $171 Million for Washington Farmland

  BY ERIC O’KEEFE Microsoft co-founder Bill Gates paid $171 million to acquire approximately 14,500 acres of highly productive farmland in Eastern Washington from John Hancock Life Insurance Company. Gates’s acquisition, which closed on August 28, ranks as the highest

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Posted in Agriculture, Cattle, Feature, News Desk, Pacific, Washington

Land Report September 2018 Newsletter

Microsoft cofounder Bill Gates paid $171 million in August to acquire 14,500 acres of farmland owned by John Hancock Life Insurance Company in one of the most coveted agricultural regions of Washington. The lofty purchase price eclipsed April’s $136 million

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Posted in Agriculture, California, Farming, News Desk, Newsletter, Oregon, Pacific, South, Southwest, Timber, Washington

For Sale: 157-Acre Parcel in Beverly Hills Lists for $1 Billion

157 acres of California development land to list for $1 billion? The New York Times reports that a 157-acre parcel in the Beverly Hills 90210 ZIP code will soon come to market for $1 billion ($6.3 million per acre). Zoned

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Posted in California, Developers, Feature, News Desk, Pacific

Preservation Tax Breaks Questioned

A Napa County grand jury has questioned millions of dollars in tax breaks that were doled out to preserve wine country farmland with little chance of being developed. Passed in 1965, California’s Williamson Act seeks to ease the financial challenges

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Posted in Agriculture, California, Conservation, Farming, Feature, News Desk, Pacific, Taxes

Land Report 2017 Agriculture Deal of the Year: Central Valley Farmland

The nation’s largest publicly traded farmland real estate investment trust stayed true to its business model with a nine-figure acquisition in 2017. Denver-based Farmland Partners (FPI) paid Singapore’s Olam International Limited $110 million to acquire 5,100 acres of permanent crop

Posted in Agriculture, California, Eric OKeefe, Farming, Feature, News Desk, Pacific

Land Report July 2018 Newsletter

The robust US economy means plenty of transactions to report in our July newsletter, including: Colorado’s Grizzly Ranch sells for $18.5 million Red Lodge Creek Estate goes to auction on August 30 A 157-acre mountaintop in Beverly Hills lists for $1

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Posted in Agriculture, Auctions, California, Cattle, Colorado, Conservation, Developers, Farming, Hunting, Minerals, Montana, News Desk, Newsletter, Pacific, Public Land, Recreation, Southwest, Taxes, Texas, Water, West

The Land Report Top Ten: Spring 2018

The nation’s leading land listings feature an average price tag of $155 million. – The Editors 1. Molokai Ranch (Hawaii): $260 million Pictured above, this 55,574-acre ranch ranks as one of the Aloha State’s largest and encompasses more than one-third

Posted in Agriculture, California, Cattle, Colorado, Conservation, Equestrian, Feature, Florida, Hawaii, Hunting, News Desk, Pacific, Recreation, Residential Property, South, Southwest, Texas, Water, West

Land Report 2017 Deal of the Year: The Dangermond Preserve

A $165 million gift, the largest in Nature Conservancy history, transforms a renowned California rancho from a lucrative development site into a unique haven. Text by James Fallows | Photography courtesy of The Nature Conservancy Good news for the environment

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Posted in California, Cattle, Conservation, Feature, News Desk, Pacific, Public Land

Oregon Judge Orders Teenager to Pay $36 Million in Restitution for Starting Massive Wildfire in 2017

More than 48,000 acres were torched after a 15-year old tossed a firecracker and ignited last year’s deadly Eagle Creek Fire. A total of 11 claims were submitted, ranging from $8,111.14 by Allstate Insurance to more than $21 million in

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Posted in Feature, Federal Policy, News Desk, Oregon, Pacific, Public Land

The Land Report Spring 2018

The Land Report Spring 2018 issue

The Magazine of the American Landowner announces the 2017 Deals of the Year: Deal of the Year: Jack and Laura Dangermond’s $165 Million Donation Preserves Santa Barbara’s Bixby Ranch as the Jack and Laura Dangermond Preserve Ranchland Deal of the Year: Colorado’s

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Posted in Agriculture, Back Issues, Developers, Farming, Federal Policy, Hunting, News Desk, Pacific, Public Land, Recreation, Residential Property, South, Southwest, West

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