INDUSTRY INSIGHTS
I recently had the pleasure of attending the National Conference of Private Forest Landowners in Colorado. The annual gathering featured a wide range of engaging experts from such industry stalwarts as Collins, The Westervelt Company, Acres, Georgia-Pacific, International Paper, and PGIM Investments, to name a few.
As the conference came to a close, I ran into an old friend, Chris Miller, the director of real estate services for American Forest Management. I pressed Chris for his takeaways from the powwow.
“Optionality will be the key to timberland ownership going forward, now more than ever,” he immediately responded. “And I’m not talking just forest products — wind, solar, carbon, mitigation, easements, higher-use sales — all will be required to produce maximum returns and reduce risk for forest landowners.”