Timberland

Malone’s Millions

Liberty Media CEO John Malone goes long on land and buys 1+ million acres of Maine timber.

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Posted in Landowners, News Desk, Timberland

Market Watch: JOE Announces New COO

The St. Joe Company (NYSE: JOE) has appointed veteran real estate executive Park Brady to be its chief operating officer. Brady will report to the  executive committee of the company’s board of directors, which includes Chairman Bruce Berkowitz and Interim

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Posted in News Desk, Sporting Properties, Timberland

New York to Pay $30 Million to Preserve Adirondacks

The Nature Conservancy (TNC) has sold conservation easements covering 89,000 acres in New York’s Adirondack Mountains to the State of New York. The deal is the most recent transaction related to the conservancy’s 2007 purchase of 161,000 acres of Finch

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Posted in News Desk, Timberland

Landmark Sale of 310,000 Acres Completed

In one of the largest conservation purchases to date, Plum Creek (PCL) completed the sale of a huge swath of Western Montana to the US Forest Service and Montana’s Fish, Wildlife and Parks Department. Swiss philanthropist Hansjorg Wyss jump-started the

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Posted in News Desk, Timberland

IP to Sell 163,000 Acres for $200 Million

International Paper (IP) will sell 163,000 acres in the Southeast for a minimum of $200 million to an affiliate of Rock Creek Capital, a Jacksonville-based asset management firm that invests in unique, resource-rich land. According to wire reports, IP will

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Posted in News Desk, Timberland

For Sale: 19,079-Acre Pineywoods Mitigation Bank in East Texas

One of the largest wetland mitigation banks in the nation is on the market. Located in Angelina, Jasper, and Polk Counties, the Pineywoods Mitigation Bank is currently the largest wetland mitigation bank in Texas and is fully permitted with the

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Posted in News Desk, Resources, Timberland

Danish Pension Fund Buys 90,000 Acres in New York

Published reports indicate that the Adirondack Chapter of the Nature Conservancy has sold 90,593+ acres of the former Finch Paper holdings to a subsidiary of the Danish pension fund ATP. The sale to ATP was handled on a sealed bid

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Posted in News Desk, Timberland

IP to Divest 143,000 Acres in Southeast

International Paper announced on March 2 that it plans to sell off 143,000 acres in the Southeastern US in a transaction valued at approximately $275 million. IP will sell 114,000 acres to American Timberlands Fund I, L.P., for $220 million

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Posted in News Desk, Timberland

Ted Turner Tops the 2008 Land Report 100

For the second year in a row, Ted Turner take top honors as America’s largest landowner with more than a dozen properties totaling more than 2 million acres. Add to this more than 100,000 acres in Argentina, where he owns

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Posted in Landowners, News Desk, Resources, Sporting Properties, Timberland

JOE Reports 3Q Loss

Florida’s largest private landowner, The St. Joe Company, reported a third quarter net loss of $19.2 million (21 cents a share) on Tuesday. JOE’s President and CEO Britt Greene cited the global financial crisis and the downturn in the Florida.

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Posted in News Desk, Timberland

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