https://landreport.com The Magazine of the American Landowner Tue, 20 Jun 2023 17:48:16 +0000 en-US 1.2 https://landreport.com https://landreport.com 1 10 3 2 4 12 5 6 7 9 11 16 27 4080 4858 4081 4079 4683 4169 4802 4601 4696 4075 4076 4073 4084 4178 4078 4590 4083 4588 4074 4592 4077 4591 1 4612 4593 4589 1183 2782 2248 3109 4769 3015 111 1449 1223 2820 472 1663 1867 1736 2074 2280 2411 2169 2688 3797 3796 3786 3782 3792 4987 4976 4988 4974 4978 1961 4940 3091 697 2207 4614 201 4392 325 4570 4620 2510 3925 151 1462 3334 1666 1177 3640 1161 1985 4623 1377 3880 2376 2021 3916 4842 3917 3898 3452 2565 4891 3631 3162 4101 355 500 3126 3131 2564 1035 3571 2136 4982 1492 3899 4778 962 1983 1907 4855 4706 3641 3071 663 367 1911 1036 4865 1493 4773 4913 3496 4876 4744 2481 1089 1009 3060 3845 3846 570 678 571 302 1225 2281 2984 3380 4652 2014 2465 1647 1385 1190 547 2677 1378 2269 3881 4638 1590 1494 2160 2552 4867 2176 2867 3431 4406 4265 1018 4831 3347 1468 2302 4679 3147 1226 4413 3016 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18:38:30 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2011/10/PikesPeakColoradoSprings_lg.jpg 4916 0 0 0 https://landreport.com/2011/09/the-land-report-fall-2011/fall2011cover/ Tue, 18 Oct 2011 19:07:11 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2011/10/Fall2011Cover.jpg 4956 4927 0 0 https://landreport.com/laketahoe_lg/ Wed, 26 Oct 2011 13:57:15 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2011/10/LakeTahoe_lg.jpg 4997 0 0 0 https://landreport.com/2011/10/bob-funk/frontscenic-2/ Fri, 28 Oct 2011 13:47:36 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2011/10/frontscenic-2.jpg 5032 5019 0 0 https://landreport.com/2011/10/bob-funk/rodeo/ Fri, 28 Oct 2011 13:47:40 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2011/10/rodeo.jpg 5033 5019 0 0 https://landreport.com/2011/10/bob-funk/side-view-angus/ Fri, 28 Oct 2011 13:47:44 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2011/10/Side-view-angus.jpg 5034 5019 0 0 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https://landreport.com/2013/10/the-spirit-of-wyoming-wagonhound-land-and-livestock-co/wagonhoundcover_fi/ Thu, 10 Oct 2013 21:40:52 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/10/WagonhoundCover_fi.jpg 9719 9718 0 0 https://landreport.com/2013/10/the-spirit-of-wyoming-wagonhound-land-and-livestock-co/wagonhoundcover_lg/ Thu, 10 Oct 2013 21:45:16 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/10/WagonhoundCover_lg.jpg 9721 9718 0 0 https://landreport.com/2013/10/asian-carp-may-soon-reach-great-lakes/jumping-asian-carp-2/ Fri, 11 Oct 2013 17:16:37 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/10/AsianCarp_fi.jpg 9724 9723 0 0 https://landreport.com/2013/10/asian-carp-may-soon-reach-great-lakes/jumping-asian-carp-2-2/ Fri, 11 Oct 2013 17:17:02 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/10/AsianCarp2_lg.jpg 9725 9723 0 0 https://landreport.com/2013/10/2013-land-report-100-jeff-bezos/jeffbezos_fi/ Wed, 23 Oct 2013 21:24:31 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/10/JeffBezos_fi.jpg 9753 9752 0 0 https://landreport.com/2013/10/2013-land-report-100-jeff-bezos/jeffbezos_lg/ Wed, 23 Oct 2013 21:24:47 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/10/JeffBezos_lg.jpg 9754 9752 0 0 https://landreport.com/2013/10/farmland-values-spike-in-midwest-and-mid-south/landvaluesper8thdistrict/ Fri, 25 Oct 2013 16:41:00 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/10/LandValuesPer8thDistrict.jpg 9775 9774 0 0 https://landreport.com/2013/10/farmland-values-spike-in-midwest-and-mid-south/truckcornfield_fi/ Fri, 25 Oct 2013 16:42:29 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/10/TruckCornField_fi.jpg 9776 9774 0 0 https://landreport.com/2013/10/farmland-values-spike-in-midwest-and-mid-south/truckcornfield_lg/ Fri, 25 Oct 2013 16:42:59 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/10/TruckCornField_lg.jpg 9777 9774 0 0 https://landreport.com/2013/10/three-million-acre-montana-grassland-reserve-in-the-works/americanprairie2_fi/ Wed, 30 Oct 2013 14:02:23 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/10/AmericanPrairie2_fi.jpg 9821 9820 0 0 https://landreport.com/2013/10/three-million-acre-montana-grassland-reserve-in-the-works/americanprairie2_lg-2/ Wed, 30 Oct 2013 14:02:42 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/10/AmericanPrairie2_lg.jpg 9822 9820 0 0 https://landreport.com/2013/10/the-land-report-top-ten-fall-2013/yoranchtx_fi-2/ Thu, 31 Oct 2013 15:11:50 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/10/YORanchTX_fi1.jpg 9825 9824 0 0 https://landreport.com/2013/10/the-land-report-top-ten-fall-2013/yoranchtx_lg-2-2/ Thu, 31 Oct 2013 15:12:35 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/10/YORanchTX_lg1.jpg 9826 9824 0 0 https://landreport.com/2013/11/supreme-court-sides-with-landowners/supremecourt_fi/ Wed, 06 Nov 2013 17:04:59 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/11/SupremeCourt_fi.jpg 9840 9839 0 0 https://landreport.com/2013/11/supreme-court-sides-with-landowners/supremecourt_lg/ Wed, 06 Nov 2013 17:05:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/11/SupremeCourt_lg.jpg 9841 9839 0 0 https://landreport.com/2013/11/lands-best-friend-rat-terrier/ratterrier_fi/ Wed, 13 Nov 2013 21:57:19 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/11/RatTerrier_fi.jpg 9860 9859 0 0 https://landreport.com/2013/11/lands-best-friend-rat-terrier/ratterrier_lg-2/ Wed, 13 Nov 2013 21:58:16 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/11/RatTerrier_lg.jpg 9861 9859 0 0 https://landreport.com/2013/11/lands-best-friend-rat-terrier/ratterrier_fi2/ Thu, 14 Nov 2013 14:56:26 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/11/RatTerrier_fi2.jpg 9863 9859 0 0 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https://landreport.com/2013/11/land-report-top-10-homers-pond/homerspond_fi/ Thu, 21 Nov 2013 17:28:55 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/11/HomersPond_fi.jpg 9911 9910 0 0 https://landreport.com/2013/11/land-report-top-10-homers-pond/homerspond_lg-2/ Thu, 21 Nov 2013 17:29:37 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/11/HomersPond_lg.jpg 9912 9910 0 0 https://landreport.com/2013/11/sold-193-acres-of-state-trust-land-in-arizona/statelandaz_fi/ Fri, 22 Nov 2013 19:15:42 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/11/StateLandAZ_fi-1.jpg 9915 9914 0 0 https://landreport.com/2013/11/sold-193-acres-of-state-trust-land-in-arizona/statelandaz_lg-2/ Fri, 22 Nov 2013 19:15:59 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/11/StateLandAZ_lg.jpg 9916 9914 0 0 https://landreport.com/2013/11/land-report-100er-the-butler-family/butlerfamily1_fi/ Tue, 26 Nov 2013 21:37:46 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/11/ButlerFamily1_fi.jpg 9925 9924 0 0 https://landreport.com/2013/11/land-report-100er-the-butler-family/butlerfamily1_lg-2/ Tue, 26 Nov 2013 21:38:00 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/11/ButlerFamily1_lg.jpg 9926 9924 0 0 https://landreport.com/2013/11/land-report-100er-the-butler-family/benjaminfbutler/ Tue, 26 Nov 2013 21:38:33 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/11/BenjaminFButler.jpg 9927 9924 0 0 https://landreport.com/2013/11/land-report-100er-the-butler-family/moracountymap/ Tue, 26 Nov 2013 21:39:43 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/11/MoraCountyMap.jpg 9928 9924 0 0 https://landreport.com/2013/11/land-report-100er-the-butler-family/moracountymap-2/ Tue, 26 Nov 2013 21:41:24 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/11/MoraCountyMap1.jpg 9929 9924 0 0 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http://thelandreport.c51dev.com/wp-content/uploads/2013/12/PioneerHoliday_lg.jpg 9996 9994 0 0 https://landreport.com/2014/01/advice-from-a-pioneer-woman-ree-drummond/pioneerholidaycoversmallb-2/ Tue, 31 Dec 2013 15:44:23 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2013/12/PioneerHolidayCoverSmallb.jpg 9998 9994 0 0 https://landreport.com/2014/01/advice-from-a-pioneer-woman-ree-drummond/reedrummond2_fi/ Thu, 02 Jan 2014 15:40:41 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/ReeDrummond2_fi.jpg 9999 9994 0 0 https://landreport.com/2014/01/farmland-values-plateau-in-the-4th-quarter/cornfield_fi/ Fri, 03 Jan 2014 17:55:18 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/CornField_FI.jpg 10001 10000 0 0 https://landreport.com/2014/01/farmland-values-plateau-in-the-4th-quarter/cornfield_lg-2/ Fri, 03 Jan 2014 17:55:34 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/CornField_lg.jpg 10002 10000 0 0 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10013 10008 0 0 https://landreport.com/2014/01/land-report-2013-legacy-landowners-rose-lane-chuck-leavell-charlane-plantation/doggie2-2/ Wed, 08 Jan 2014 00:09:12 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/Doggie2.jpg 10014 10008 0 0 https://landreport.com/2014/01/land-report-2013-legacy-landowners-rose-lane-chuck-leavell-charlane-plantation/playing-piano2/ Wed, 08 Jan 2014 00:11:51 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/Playing-piano2.jpg 10015 10008 0 0 https://landreport.com/2014/01/land-report-2013-legacy-landowners-rose-lane-chuck-leavell-charlane-plantation/white-horse2/ Wed, 08 Jan 2014 00:14:05 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/white-horse2.jpg 10016 10008 0 0 https://landreport.com/2014/01/the-u-s-forest-service-unveils-digital-maps-for-smartphones-and-tablets/forestservicedigitalmaps_fi/ Fri, 10 Jan 2014 16:08:47 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/ForestServiceDigitalMaps_fi.jpg 10023 10022 0 0 https://landreport.com/2014/01/the-u-s-forest-service-unveils-digital-maps-for-smartphones-and-tablets/forestservicedigitalmaps_lg-2/ Fri, 10 Jan 2014 16:09:02 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/ForestServiceDigitalMaps_lg.jpg 10024 10022 0 0 https://landreport.com/2014/01/farmland-values-feel-the-heat-in-the-midwest/grainbins_fi/ Mon, 13 Jan 2014 18:13:31 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/GrainBins_fi.jpg 10027 10026 0 0 https://landreport.com/2014/01/farmland-values-feel-the-heat-in-the-midwest/grainbins_lg-2/ Mon, 13 Jan 2014 18:13:46 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/GrainBins_lg.jpg 10028 10026 0 0 https://landreport.com/2014/01/farmland-values-feel-the-heat-in-the-midwest/investing-2/ Mon, 13 Jan 2014 18:14:03 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/Investing.jpg 10029 10026 0 0 https://landreport.com/2013/12/the-land-report-top-ten-winter-2013/crazyfrenchranchco_fi/ Tue, 21 Jan 2014 16:29:08 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/CrazyFrenchRanchCO_FI.jpg 10046 10045 0 0 https://landreport.com/2013/12/the-land-report-top-ten-winter-2013/crazyfrenchranchco_lg-2/ Tue, 21 Jan 2014 16:29:24 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/CrazyFrenchRanchCO_LG.jpg 10047 10045 0 0 https://landreport.com/2014/01/land-report-100er-louis-bacon-to-acquire-taos-ski-valley-from-the-blake-family/taosskivalley_fi/ Wed, 22 Jan 2014 14:12:46 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/TaosSkiValley_FI.jpg 10051 10050 0 0 https://landreport.com/2014/01/land-report-100er-louis-bacon-to-acquire-taos-ski-valley-from-the-blake-family/taosskivalley_lg-2/ Wed, 22 Jan 2014 14:13:00 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/TaosSkiValley_LG.jpg 10052 10050 0 0 https://landreport.com/2014/01/equestrian-roundup-floridas-payson-park/thoroughbreds_fi/ Fri, 24 Jan 2014 18:29:23 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/Thoroughbreds_fi.jpg 10063 10061 0 0 https://landreport.com/2014/01/equestrian-roundup-floridas-payson-park/thoroughbreds_lg-2/ Fri, 24 Jan 2014 18:29:38 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/Thoroughbreds_lg.jpg 10064 10061 0 0 https://landreport.com/2014/01/equestrian-roundup-floridas-payson-park/yellow-shirt-2/ Fri, 24 Jan 2014 18:30:02 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/01/Yellow-shirt.jpg 10065 10061 0 0 https://landreport.com/2014/02/commission-ruling-baffles-timber-industry/ordinary-plywood/ Mon, 03 Feb 2014 18:30:25 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/02/Ordinary-Plywood.jpg 10079 10078 0 0 https://landreport.com/2014/02/commission-ruling-baffles-timber-industry/ordinaryplywood_lg-2/ Mon, 03 Feb 2014 18:30:37 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/02/OrdinaryPlywood_lg.jpg 10080 10078 0 0 https://landreport.com/2014/02/renewable-debacle/gaspump_fi/ Thu, 06 Feb 2014 18:44:09 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/02/GasPump_fi.jpg 10094 10093 0 0 https://landreport.com/2014/02/renewable-debacle/gaspump_lg-2/ Thu, 06 Feb 2014 18:44:25 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/02/GasPump_lg.jpg 10095 10093 0 0 https://landreport.com/2014/02/renewable-debacle/cornfield_sm/ Thu, 06 Feb 2014 18:47:00 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/02/CornField_sm.jpg 10097 10093 0 0 https://landreport.com/2014/02/colorado-river-waters-to-be-rationed/coloradoriver_fi/ Fri, 07 Feb 2014 16:46:30 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/02/ColoradoRiver_fi.jpg 10099 10098 0 0 https://landreport.com/2014/02/colorado-river-waters-to-be-rationed/coloradoriver_lg-2/ Fri, 07 Feb 2014 16:47:23 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/02/ColoradoRiver_lg.jpg 10100 10098 0 0 https://landreport.com/2014/02/equestrian-roundup-oklahomas-express-ranches/clydesdales_fi/ Wed, 12 Feb 2014 16:03:06 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/02/Clydesdales_fi.jpg 10109 10108 0 0 https://landreport.com/2014/02/equestrian-roundup-oklahomas-express-ranches/clydesdales_lg-2/ Wed, 12 Feb 2014 16:03:25 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/02/Clydesdales_lg.jpg 10110 10108 0 0 https://landreport.com/2014/02/equestrian-roundup-oklahomas-express-ranches/lr-express411-001099ttt/ Wed, 12 Feb 2014 16:04:09 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/02/LR-Express411-001099ttt.jpg 10111 10108 0 0 https://landreport.com/2014/02/private-investors-acquire-11400-acres-of-arizona-public-land/arizonacottoncrop_fi/ Fri, 14 Feb 2014 14:50:33 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/02/ArizonaCottonCrop_fi.jpg 10116 10115 0 0 https://landreport.com/2014/02/private-investors-acquire-11400-acres-of-arizona-public-land/arizonacottoncrop_lg-2/ Fri, 14 Feb 2014 14:50:53 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/02/ArizonaCottonCrop_lg.jpg 10117 10115 0 0 https://landreport.com/2014/02/lands-best-friend-the-mountain-cur/mountaincur_fi/ Thu, 20 Feb 2014 21:21:05 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/02/MountainCur_fi.jpg 10129 10128 0 0 https://landreport.com/2014/02/lands-best-friend-the-mountain-cur/mountaincur_lg-2/ Thu, 20 Feb 2014 21:21:20 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/02/MountainCur_lg.jpg 10130 10128 0 0 https://landreport.com/2014/02/lands-best-friend-the-mountain-cur/mountaincur_sm2-2/ 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http://thelandreport.c51dev.com/wp-content/uploads/2014/03/USDAClimateHubs_lg.jpg 10196 10194 0 0 https://landreport.com/2014/03/equestrian-roundup-floridas-wellington/wellington_fi/ Tue, 18 Mar 2014 18:03:05 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/Wellington_FI.jpg 10203 10202 0 0 https://landreport.com/2014/03/equestrian-roundup-floridas-wellington/wellington_lg-2/ Tue, 18 Mar 2014 18:03:20 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/Wellington_lg.jpg 10204 10202 0 0 https://landreport.com/2014/03/equestrian-roundup-floridas-wellington/polo/ Tue, 18 Mar 2014 18:05:05 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/Polo.jpg 10206 10202 0 0 https://landreport.com/2014/03/equestrian-roundup-floridas-wellington/polo-white-head/ Tue, 18 Mar 2014 18:06:04 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/polo-white-head.jpg 10207 10202 0 0 https://landreport.com/2014/03/equestrian-roundup-floridas-wellington/horses-in-am/ Tue, 18 Mar 2014 18:06:41 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/horses-in-am.jpg 10208 10202 0 0 https://landreport.com/2014/03/land-report-100er-stefan-soloviev/windturbines_fi/ Tue, 25 Mar 2014 19:43:12 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/WindTurbines_fi.jpg 10224 10223 0 0 https://landreport.com/2014/03/land-report-100er-stefan-soloviev/windturbines_lg-2/ Tue, 25 Mar 2014 19:43:30 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/WindTurbines_lg.jpg 10225 10223 0 0 https://landreport.com/2014/03/land-report-100er-stefan-soloviev/stefan-soloviev-2/ Tue, 25 Mar 2014 19:45:25 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/Stefan-Soloviev.jpg 10227 10223 0 0 https://landreport.com/2014/03/land-report-100er-stefan-soloviev/wheat-field/ Tue, 25 Mar 2014 19:45:47 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/Wheat-Field.jpg 10228 10223 0 0 https://landreport.com/2014/04/the-land-report-spring-2014/lr-cover-spring2014/ Thu, 27 Mar 2014 19:34:23 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/LR-cover-Spring2014.jpg 10232 10230 0 0 https://landreport.com/2014/03/certifiedcommunities/certified-community-2/ Thu, 27 Mar 2014 21:46:42 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/Certified-Community.jpg 10236 10234 0 0 https://landreport.com/2014/06/the-donation-of-virginias-natural-bridge-named-the-land-reports-2013-deal-of-the-year/2013-deal-of-the-year-2/ Mon, 31 Mar 2014 18:50:53 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/2013-Deal-of-the-Year.jpg 10245 10244 0 0 https://landreport.com/2014/06/the-donation-of-virginias-natural-bridge-named-the-land-reports-2013-deal-of-the-year/atc_logocmyklandbrokerage-2/ Mon, 31 Mar 2014 18:51:41 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/ATC-Logo.jpg 10246 10244 0 0 https://landreport.com/2014/06/the-donation-of-virginias-natural-bridge-named-the-land-reports-2013-deal-of-the-year/vanaturalbridge_fi/ Mon, 31 Mar 2014 18:56:03 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/VANaturalBridge_FI.jpg 10247 10244 0 0 https://landreport.com/2014/06/the-donation-of-virginias-natural-bridge-named-the-land-reports-2013-deal-of-the-year/vanaturalbridge_lg-2/ Mon, 31 Mar 2014 18:56:19 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/VANaturalBridge_lg.jpg 10248 10244 0 0 https://landreport.com/2014/06/the-donation-of-virginias-natural-bridge-named-the-land-reports-2013-deal-of-the-year/puglisi/ Mon, 31 Mar 2014 18:58:13 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/Puglisi.jpg 10250 10244 0 0 https://landreport.com/2014/06/the-donation-of-virginias-natural-bridge-named-the-land-reports-2013-deal-of-the-year/puglisi-2/ Mon, 31 Mar 2014 19:03:01 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/Puglisi1.jpg 10252 10244 0 0 https://landreport.com/2014/06/the-donation-of-virginias-natural-bridge-named-the-land-reports-2013-deal-of-the-year/the-natural-bridge/ Mon, 31 Mar 2014 19:04:00 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/The-Natural-Bridge.jpg The Natural Bridge, Virginia, Frederic Edwin Church (1852) Courtesy of the University of Virginia Art Museum]]> 10253 10244 0 0 https://landreport.com/2014/06/the-donation-of-virginias-natural-bridge-named-the-land-reports-2013-deal-of-the-year/lace-falls-1/ Mon, 31 Mar 2014 19:05:07 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/Lace-Falls-1.jpg 10254 10244 0 0 https://landreport.com/2014/06/the-donation-of-virginias-natural-bridge-named-the-land-reports-2013-deal-of-the-year/thomas-jefferson-by-rembrandt-peale-1800/ Mon, 31 Mar 2014 19:09:50 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/Thomas-Jefferson-by-Rembrandt-Peale-1800.jpg Notes on the State of Virginia]]> 10255 10244 0 0 https://landreport.com/2014/06/the-donation-of-virginias-natural-bridge-named-the-land-reports-2013-deal-of-the-year/george-washington/ Mon, 31 Mar 2014 19:17:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/03/George-Washington.jpg 10257 10244 0 0 https://landreport.com/2014/04/the-usdas-agriculture-census-shows-a-big-bump-in-farming-revenues/cornfield_fi-2/ Tue, 01 Apr 2014 23:10:35 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/CornField_fi.jpg 10261 10260 0 0 https://landreport.com/2014/04/the-usdas-agriculture-census-shows-a-big-bump-in-farming-revenues/cornfield_lg-2-2/ Tue, 01 Apr 2014 23:10:52 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/CornField_lg.jpg 10262 10260 0 0 https://landreport.com/2014/04/legal-headwinds-plague-cape-wind/nantucketsound_fi/ Mon, 07 Apr 2014 16:59:24 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/NantucketSound_fi.jpg 10271 10270 0 0 https://landreport.com/2014/04/legal-headwinds-plague-cape-wind/nantucketsound_lg-2/ Mon, 07 Apr 2014 17:00:04 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/NantucketSound_lg.jpg 10272 10270 0 0 https://landreport.com/2014/03/georgias-falling-waters/fallingwatersga_fi/ Tue, 08 Apr 2014 18:03:53 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/FallingWatersGA_fi.jpg 10276 10275 0 0 https://landreport.com/2014/03/georgias-falling-waters/fallingwatersga_lg/ Tue, 08 Apr 2014 18:04:07 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/FallingWatersGA_lg.jpg 10277 10275 0 0 https://landreport.com/2014/03/georgias-falling-waters/fallingwatersga2/ Tue, 08 Apr 2014 18:05:04 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/FallingWatersGA2.jpg 10278 10275 0 0 https://landreport.com/2014/03/georgias-falling-waters/fallingwatersga3/ Tue, 08 Apr 2014 18:06:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/FallingWatersGA3.jpg 10279 10275 0 0 https://landreport.com/2014/03/georgias-falling-waters/fallingwatersga4/ Tue, 08 Apr 2014 18:07:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/FallingWatersGA4.jpg 10281 10275 0 0 https://landreport.com/2014/03/georgias-falling-waters/fallingwatersga5/ Tue, 08 Apr 2014 18:08:05 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/FallingWatersGA5.jpg Land Report Editor Eric O’Keefe reviews site plans with Project Manager Matt Logue.]]> 10282 10275 0 0 https://landreport.com/2014/03/georgias-falling-waters/fallingwatersga6/ Tue, 08 Apr 2014 18:09:33 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/FallingWatersGA6.jpg 10283 10275 0 0 https://landreport.com/2014/03/georgias-falling-waters/falling-waters/ Tue, 08 Apr 2014 18:22:56 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/Falling-Waters.pdf 10284 10275 0 0 https://landreport.com/2014/03/north-carolinas-eagles-nest/eaglesnestnc_fi/ Tue, 08 Apr 2014 18:38:44 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/EaglesNestNC_fi.jpg 10286 10285 0 0 https://landreport.com/2014/03/north-carolinas-eagles-nest/eaglesnestnc_lg/ Tue, 08 Apr 2014 18:40:48 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/EaglesNestNC_lg.jpg 10287 10285 0 0 https://landreport.com/2014/03/north-carolinas-eagles-nest/eaglesnestnc2/ Tue, 08 Apr 2014 18:41:37 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/EaglesNestNC2.jpg 10288 10285 0 0 https://landreport.com/2014/03/north-carolinas-eagles-nest/eaglesnestnc3/ Tue, 08 Apr 2014 18:42:41 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/EaglesNestNC3.jpg 10290 10285 0 0 https://landreport.com/2014/03/north-carolinas-eagles-nest/eaglesnestnc4/ Tue, 08 Apr 2014 18:43:14 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/EaglesNestNC4.jpg 10291 10285 0 0 https://landreport.com/2014/03/north-carolinas-eagles-nest/eaglesnestnc5/ Tue, 08 Apr 2014 18:44:14 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/EaglesNestNC5.jpg 10292 10285 0 0 https://landreport.com/2014/03/north-carolinas-eagles-nest/eaglesnestnc6/ Tue, 08 Apr 2014 18:44:42 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/EaglesNestNC6.jpg 10293 10285 0 0 https://landreport.com/2014/03/north-carolinas-eagles-nest/eaglesnestnc7/ Tue, 08 Apr 2014 18:45:24 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/EaglesNestNC7.jpg 10294 10285 0 0 https://landreport.com/2014/03/north-carolinas-eagles-nest/eagles-nest/ Tue, 08 Apr 2014 18:54:40 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/Eagles-Nest.pdf 10295 10285 0 0 https://landreport.com/2014/03/west-virginias-retreat-on-white-mountain-rock/theretreatwv_fi/ Tue, 08 Apr 2014 19:10:04 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/TheRetreatWV_fi.jpg 10297 10296 0 0 https://landreport.com/2014/03/west-virginias-retreat-on-white-mountain-rock/theretreatwv_lg/ Tue, 08 Apr 2014 19:10:38 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/TheRetreatWV_lg.jpg 10298 10296 0 0 https://landreport.com/2014/03/west-virginias-retreat-on-white-mountain-rock/theretreatwv2/ Tue, 08 Apr 2014 19:11:15 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/TheRetreatWV2.jpg 10299 10296 0 0 https://landreport.com/2014/03/west-virginias-retreat-on-white-mountain-rock/theretreatwv3/ Tue, 08 Apr 2014 19:11:58 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/TheRetreatWV3.jpg 10300 10296 0 0 https://landreport.com/2014/03/west-virginias-retreat-on-white-mountain-rock/theretreatwv4/ Tue, 08 Apr 2014 19:13:08 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/TheRetreatWV4.jpg 10301 10296 0 0 https://landreport.com/2014/03/west-virginias-retreat-on-white-mountain-rock/theretreatwv5/ Tue, 08 Apr 2014 19:13:58 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/TheRetreatWV5.jpg 10302 10296 0 0 https://landreport.com/2014/03/west-virginias-retreat-on-white-mountain-rock/theretreatwv6/ Tue, 08 Apr 2014 19:14:32 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/TheRetreatWV6.jpg 10303 10296 0 0 https://landreport.com/2014/03/west-virginias-retreat-on-white-mountain-rock/theretreatwv7/ Tue, 08 Apr 2014 19:15:03 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/TheRetreatWV7.jpg 10304 10296 0 0 https://landreport.com/2014/03/west-virginias-retreat-on-white-mountain-rock/the-retreat/ Tue, 08 Apr 2014 19:19:59 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/04/The-Retreat.pdf 10306 10296 0 0 https://landreport.com/2014/04/the-land-report-top-ten-spring-2014/cooperbeechfarmct_fi/ Fri, 11 Apr 2014 16:26:49 +0000 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https://landreport.com/2014/10/piedra-blanca-rancho/piedrablanchranchmap_fi/ Tue, 21 Oct 2014 22:10:13 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/10/PiedraBlanchRanchMap_fi.jpg 11196 11195 0 0 https://landreport.com/2014/10/piedra-blanca-rancho/piedrablanchranchmap_lg-2/ Tue, 21 Oct 2014 22:10:34 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/10/PiedraBlanchRanchMap_lg.jpg 11197 11195 0 0 https://landreport.com/2014/10/piedra-blanca-rancho/wrhearst-2/ Tue, 21 Oct 2014 22:11:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/10/WRHearst.jpg 11198 11195 0 0 https://landreport.com/2014/10/lands-best-friend-how-to-pick-a-pup/bordercolliepups_fi/ Tue, 28 Oct 2014 18:25:37 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/10/BorderColliePups_fi.jpg 11218 11217 0 0 https://landreport.com/2014/10/lands-best-friend-how-to-pick-a-pup/bordercolliepups_lg/ Tue, 28 Oct 2014 18:25:57 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/10/BorderColliePups_lg.jpg 11219 11217 0 0 https://landreport.com/2014/11/u-s-department-of-the-interior-honors-wyoming-ranchers/greatersagegrousewy_fi/ Fri, 31 Oct 2014 21:24:06 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/10/GreaterSageGrouseWY_fi.jpg 11227 11226 0 0 https://landreport.com/2014/11/u-s-department-of-the-interior-honors-wyoming-ranchers/greatersagegrousewy_lg-2/ Fri, 31 Oct 2014 21:24:23 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/10/GreaterSageGrouseWY_lg.jpg 11228 11226 0 0 https://landreport.com/2014/11/sold-165000-acres-of-montana-and-washington-forestland/plumcreekforestland_fi/ Fri, 07 Nov 2014 17:42:27 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/11/PlumCreekForestland_fi.jpg 11241 11240 0 0 https://landreport.com/2014/11/sold-165000-acres-of-montana-and-washington-forestland/plumcreekforestland_lg-2/ Fri, 07 Nov 2014 17:42:50 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/11/PlumCreekForestland_lg.jpg 11242 11240 0 0 https://landreport.com/2014/11/molpus-woodlands-group-announces-closing-of-fund-iv/molpuswoodlandsgroup_fi/ Fri, 14 Nov 2014 19:32:55 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/11/MolpusWoodlandsGroup_fi.jpg 11269 11268 0 0 https://landreport.com/2014/11/molpus-woodlands-group-announces-closing-of-fund-iv/molpuswoodlandsgroup_lg-2/ Fri, 14 Nov 2014 19:33:16 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/11/MolpusWoodlandsGroup_lg.jpg 11270 11268 0 0 https://landreport.com/2014/12/the-land-report-top-ten-winter-2014/wintertopten_fi/ Wed, 19 Nov 2014 20:59:52 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/11/WinterTopTen_fi.jpg 11281 11280 0 0 https://landreport.com/2014/12/the-land-report-top-ten-winter-2014/wintertopten_lg-2/ Wed, 19 Nov 2014 21:04:06 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/11/WinterTopTen_lg.jpg 11282 11280 0 0 https://landreport.com/2014/11/for-sale-south-carolinas-st-phillips-island/stphillipsislandsc_fi/ Fri, 21 Nov 2014 21:58:02 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/11/StPhillipsIslandSC_fi.jpg 11295 11294 0 0 https://landreport.com/2014/11/for-sale-south-carolinas-st-phillips-island/stphillipsislandsc_lg-2/ Fri, 21 Nov 2014 21:58:20 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/11/StPhillipsIslandSC_lg.jpg 11296 11294 0 0 https://landreport.com/2014/11/the-bold-brand/waggoner01_fi/ Fri, 21 Nov 2014 23:32:54 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/11/Waggoner01_fi.jpg 11299 11297 0 0 https://landreport.com/2014/11/the-bold-brand/waggoner01_lg/ Fri, 21 Nov 2014 23:33:18 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/11/Waggoner01_lg.jpg 11300 11297 0 0 https://landreport.com/2014/11/the-bold-brand/waggoner07/ Fri, 21 Nov 2014 23:37:28 +0000 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http://thelandreport.c51dev.com/wp-content/uploads/2014/11/FoleyButteBlock_fi.jpg 11371 11370 0 0 https://landreport.com/2014/12/sold-32000-acres-of-oregon-timber-and-grazing-land/foleybutteblock_lg-2/ Wed, 26 Nov 2014 18:52:33 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/11/FoleyButteBlock_lg.jpg 11372 11370 0 0 https://landreport.com/2014/12/midwest-farm-values-inch-higher/w2014investing_fi/ Mon, 01 Dec 2014 21:55:43 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/12/W2014Investing_fi.jpg 11378 11377 0 0 https://landreport.com/2014/12/midwest-farm-values-inch-higher/w2014investing_lg-2/ Mon, 01 Dec 2014 21:56:00 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/12/W2014Investing_lg.jpg 11379 11377 0 0 https://landreport.com/2014/12/midwest-farm-values-inch-higher/investingw2014-2/ Mon, 01 Dec 2014 21:56:22 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/12/InvestingW2014.jpg 11380 11377 0 0 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Dec 2014 02:47:55 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/12/GualalaRedwoods4.jpg 11430 11423 0 0 https://landreport.com/2014/12/the-gualala-redwoods-story/gualalaredwoods7/ Tue, 16 Dec 2014 02:51:59 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/12/GualalaRedwoods7.jpg 11431 11423 0 0 https://landreport.com/2014/12/new-york-extends-emerald-necklace-with-87-acre-purchase/whitepines_fi/ Fri, 19 Dec 2014 18:55:36 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/12/WhitePines_fi.jpg 11442 11441 0 0 https://landreport.com/2014/12/new-york-extends-emerald-necklace-with-87-acre-purchase/whitepines_lg-2/ Fri, 19 Dec 2014 18:55:50 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/12/WhitePines_lg.jpg 11443 11441 0 0 https://landreport.com/2014/12/for-sale-298-acre-telluride-estate/tomcruiseestate_fi/ Fri, 26 Dec 2014 20:58:49 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2014/12/TomCruiseEstate_fi.jpg 11473 11472 0 0 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http://thelandreport.c51dev.com/wp-content/uploads/2016/04/KingRanch07.jpg 12922 12916 0 0 https://landreport.com/2016/03/horse-power/kingranch09/ Tue, 12 Apr 2016 19:27:52 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/KingRanch09.jpg 12923 12916 0 0 https://landreport.com/2016/03/horse-power/kingranch03/ Tue, 12 Apr 2016 19:28:43 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/KingRanch03.jpg 12924 12916 0 0 https://landreport.com/2016/03/horse-power/kingranch06/ Tue, 12 Apr 2016 19:29:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/KingRanch06.jpg 12925 12916 0 0 https://landreport.com/2016/03/horse-power/kingranch05/ Tue, 12 Apr 2016 19:30:06 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/KingRanch05.jpg 12926 12916 0 0 https://landreport.com/2016/03/horse-power/kingranch02/ Tue, 12 Apr 2016 19:30:46 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/KingRanch02.jpg 12927 12916 0 0 https://landreport.com/2016/01/2015-land-report-100-jeff-bezos/2015jeffbezos_fi/ Wed, 13 Apr 2016 13:51:56 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/2015JeffBezos_fi.jpg 12930 12929 0 0 https://landreport.com/2016/01/2015-land-report-100-jeff-bezos/2015jeffbezos_lg-2/ Wed, 13 Apr 2016 13:52:16 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/2015JeffBezos_lg.jpg 12931 12929 0 0 https://landreport.com/2016/04/eagle-ranch-donates-3255-acre-easement/eagleranch_fi/ Fri, 15 Apr 2016 13:04:20 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/EagleRanch_fi.jpg 12936 12935 0 0 https://landreport.com/2016/04/eagle-ranch-donates-3255-acre-easement/eagleranch_lg-2/ Fri, 15 Apr 2016 13:05:25 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/EagleRanch_lg.jpg 12937 12935 0 0 https://landreport.com/2016/04/sandow-lakes-ranch/alcoa01_fi/ Mon, 18 Apr 2016 20:08:08 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/Alcoa01_fi.jpg 12942 12940 0 0 https://landreport.com/2016/04/sandow-lakes-ranch/alcoa01_lg/ Mon, 18 Apr 2016 20:08:24 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/Alcoa01_lg.jpg 12943 12940 0 0 https://landreport.com/2016/04/sandow-lakes-ranch/alcoa02/ Mon, 18 Apr 2016 20:09:46 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/Alcoa02.jpg 12944 12940 0 0 https://landreport.com/2016/04/sandow-lakes-ranch/alcoa04/ Mon, 18 Apr 2016 20:10:20 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/Alcoa04.jpg 12945 12940 0 0 https://landreport.com/2016/04/sandow-lakes-ranch/alcoa03/ Mon, 18 Apr 2016 20:11:11 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/Alcoa03.jpg 12946 12940 0 0 https://landreport.com/2016/04/sandow-lakes-ranch/alcoa06/ Mon, 18 Apr 2016 20:11:39 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/Alcoa06.jpg 12947 12940 0 0 https://landreport.com/2016/04/sandow-lakes-ranch/alcoa05/ Mon, 18 Apr 2016 20:12:00 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/Alcoa05.jpg 12948 12940 0 0 https://landreport.com/2016/01/2015-land-report-100-reynolds-family/cattlegrazing_fi/ Wed, 20 Apr 2016 13:36:09 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/CattleGrazing_fi.jpg 12955 12954 0 0 https://landreport.com/2016/01/2015-land-report-100-reynolds-family/cattlegrazing_lg-2-2/ Wed, 20 Apr 2016 13:36:27 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/CattleGrazing_lg.jpg 12956 12954 0 0 https://landreport.com/2016/04/epa-chief-subpoenaed/goldkingmine_fi/ Thu, 21 Apr 2016 19:59:58 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/GoldKingMine_fi.jpg 12958 12957 0 0 https://landreport.com/2016/04/epa-chief-subpoenaed/goldkingmine_lg-2/ Thu, 21 Apr 2016 20:01:23 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/GoldKingMine_lg.jpg 12959 12957 0 0 https://landreport.com/2016/04/ford-ranch/ford-ranch-20/ Fri, 22 Apr 2016 19:27:16 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/Ford-Ranch-20.jpg 12961 12960 0 0 https://landreport.com/2016/04/pease-river-ranch/pease-river-ranch-1-2/ Fri, 22 Apr 2016 19:43:30 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/Pease-River-Ranch-1-1.jpg 12965 12905 0 0 https://landreport.com/2016/04/2015-land-report-100-louis-bacon/breadloafcampus_fi/ Wed, 27 Apr 2016 13:04:58 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/BreadLoafCampus_fi.jpg 12977 12976 0 0 https://landreport.com/2016/04/2015-land-report-100-louis-bacon/breadloafcampus_lg-2/ Wed, 27 Apr 2016 13:06:53 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/04/BreadLoafCampus_lg.jpg 12978 12976 0 0 https://landreport.com/2016/05/2016-land-report-texas-10/texas10_fi/ Mon, 02 May 2016 18:19:28 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Texas10_fi.jpg 12990 12989 0 0 https://landreport.com/2016/05/2016-land-report-texas-10/texas01-2/ Mon, 02 May 2016 18:27:22 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Texas01.jpg 12991 12989 0 0 https://landreport.com/2016/05/2016-land-report-texas-10/texas02-2/ Mon, 02 May 2016 18:27:47 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Texas02.jpg 12992 12989 0 0 https://landreport.com/2016/05/2016-land-report-texas-10/texas03-2/ Mon, 02 May 2016 18:28:04 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Texas03.jpg 12993 12989 0 0 https://landreport.com/2016/05/2016-land-report-texas-10/texas04-2/ Mon, 02 May 2016 18:29:41 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Texas04.jpg 12994 12989 0 0 https://landreport.com/2016/05/2016-land-report-texas-10/texas05-2/ Mon, 02 May 2016 18:30:13 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Texas05.jpg 12995 12989 0 0 https://landreport.com/2016/05/2016-land-report-texas-10/texas06-2/ Mon, 02 May 2016 18:30:41 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Texas06.jpg 12996 12989 0 0 https://landreport.com/2016/05/2016-land-report-texas-10/texas07-2/ Mon, 02 May 2016 18:31:14 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Texas07.jpg 12997 12989 0 0 https://landreport.com/2016/05/2016-land-report-texas-10/texas08-2/ Mon, 02 May 2016 18:31:40 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Texas08.jpg 12998 12989 0 0 https://landreport.com/2016/05/2016-land-report-texas-10/texas09-2/ Mon, 02 May 2016 18:31:58 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Texas09.jpg 12999 12989 0 0 https://landreport.com/2016/05/2016-land-report-texas-10/texas010-2/ Mon, 02 May 2016 18:32:45 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Texas010.jpg 13000 12989 0 0 https://landreport.com/2016/05/lands-best-friend-top-dog/topdog01_fi/ Mon, 09 May 2016 14:22:48 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/TopDog01_fi.jpg 13010 13009 0 0 https://landreport.com/2016/05/lands-best-friend-top-dog/topdog01_lg-2/ Mon, 09 May 2016 14:24:24 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/TopDog01_lg.jpg 13011 13009 0 0 https://landreport.com/2016/05/lands-best-friend-top-dog/topdogcollage-2/ Mon, 09 May 2016 14:24:39 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/TopDogCollage.jpg 13012 13009 0 0 https://landreport.com/vistas-cover/ Tue, 10 May 2016 19:03:18 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Vistas-Cover.jpg 13014 0 0 0 https://landreport.com/2016/01/2015-land-report-100-emmerson-family/2015emmersonfamily_fi/ Wed, 11 May 2016 13:56:08 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/2015EmmersonFamily_fi.jpg 13017 13016 0 0 https://landreport.com/2016/01/2015-land-report-100-emmerson-family/2015emmersonfamily_lg-2/ Wed, 11 May 2016 13:56:20 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/2015EmmersonFamily_lg.jpg 13018 13016 0 0 https://landreport.com/2016/05/2016-land-report-vistas-issue/land-report-vistas-2016/ Wed, 11 May 2016 17:51:03 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Land-Report-VISTAS-2016.jpg 13022 13019 0 0 https://landreport.com/2016/05/new-mexicos-74000-acre-alamo-ranch/alamoranchnm_fi/ Mon, 16 May 2016 17:53:19 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/AlamoRanchNM_fi.jpg 13028 13027 0 0 https://landreport.com/2016/05/new-mexicos-74000-acre-alamo-ranch/alamoranchnm_lg-2/ Mon, 16 May 2016 17:54:06 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/AlamoRanchNM_lg.jpg 13029 13027 0 0 https://landreport.com/2016/05/essentials-serious-gear-for-serious-work/essentials01_lg/ Tue, 17 May 2016 20:46:29 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Essentials01_lg.jpg 13031 13030 0 0 https://landreport.com/2016/05/essentials-serious-gear-for-serious-work/essentials02-2/ Tue, 17 May 2016 20:47:13 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Essentials02.jpg 13032 13030 0 0 https://landreport.com/2016/05/essentials-serious-gear-for-serious-work/essentials06-2/ Tue, 17 May 2016 20:47:27 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Essentials06.jpg 13033 13030 0 0 https://landreport.com/2016/05/essentials-serious-gear-for-serious-work/essentials04-2/ Tue, 17 May 2016 20:47:48 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Essentials04.jpg 13034 13030 0 0 https://landreport.com/2016/05/essentials-serious-gear-for-serious-work/essentials05-2/ Tue, 17 May 2016 20:47:59 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Essentials05.jpg 13035 13030 0 0 https://landreport.com/2016/05/essentials-serious-gear-for-serious-work/essentials01_fi/ Tue, 17 May 2016 20:50:50 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/Essentials01_fi.jpg 13036 13030 0 0 https://landreport.com/2016/01/2015-land-report-100-lykes-heirs/2015lykesheirs_fi/ Wed, 18 May 2016 13:14:29 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/2015LykesHeirs_fi.jpg 13039 13038 0 0 https://landreport.com/2016/01/2015-land-report-100-lykes-heirs/2015lykesheirs_lg-2/ Wed, 18 May 2016 13:15:31 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/2015LykesHeirs_lg.jpg 13040 13038 0 0 https://landreport.com/2016/05/the-land-report-spring-2016/lr-cover-spring2016-2/ Fri, 20 May 2016 20:51:47 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/LR-cover-SPRING2016.jpg 13051 13049 0 0 https://landreport.com/2016/05/land-report-certified-community-texas-grand-ranch/texasgrandranch01_fi/ Tue, 24 May 2016 21:57:47 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/TexasGrandRanch01_fi.jpg 13059 13058 0 0 https://landreport.com/2016/05/land-report-certified-community-texas-grand-ranch/texasgrandranch01_lg-2/ Tue, 24 May 2016 22:00:04 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/TexasGrandRanch01_lg.jpg 13060 13058 0 0 https://landreport.com/2016/05/land-report-certified-community-texas-grand-ranch/texasgrandranch02/ Tue, 24 May 2016 22:00:44 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/TexasGrandRanch02.jpg 13061 13058 0 0 https://landreport.com/2016/05/land-report-certified-community-texas-grand-ranch/texasgrandranch03/ Tue, 24 May 2016 22:01:47 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/TexasGrandRanch03.jpg 13062 13058 0 0 https://landreport.com/2016/05/land-report-certified-community-texas-grand-ranch/texasgrandranch04/ Tue, 24 May 2016 22:03:45 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/TexasGrandRanch04.jpg 13063 13058 0 0 https://landreport.com/2016/05/land-report-certified-community-texas-grand-ranch/texasgrandranch05/ Tue, 24 May 2016 22:04:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/TexasGrandRanch05.jpg 13064 13058 0 0 https://landreport.com/2016/05/land-report-certified-community-texas-grand-ranch/texasgrandranch06/ Tue, 24 May 2016 22:05:28 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/TexasGrandRanch06.jpg 13065 13058 0 0 https://landreport.com/2016/01/2015-land-report-100-hughes-family/2015lr100hughesfamily_fi/ Thu, 26 May 2016 12:29:21 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/2015LR100HughesFamily_fi.jpg 13068 13067 0 0 https://landreport.com/2016/01/2015-land-report-100-hughes-family/2015lr100hughesfamily_lg-2/ Thu, 26 May 2016 12:29:34 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/2015LR100HughesFamily_lg.jpg 13069 13067 0 0 https://landreport.com/2016/05/800000-acres-added-to-conservation-reserve-program/conservationprogram_fi/ Fri, 27 May 2016 12:17:20 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/ConservationProgram_fi.jpg 13071 13070 0 0 https://landreport.com/2016/05/800000-acres-added-to-conservation-reserve-program/conservationprogram_lg-2/ Fri, 27 May 2016 12:18:22 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/ConservationProgram_lg.jpg 13072 13070 0 0 https://landreport.com/2016/06/kroenke-buys-the-waggoner-ranch/waggonerkroenke_fi/ Tue, 31 May 2016 12:46:14 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/WaggonerKroenke_fi.jpg 13074 13073 0 0 https://landreport.com/2016/06/kroenke-buys-the-waggoner-ranch/waggonerkroenke_lg-2/ Tue, 31 May 2016 12:46:43 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/WaggonerKroenke_lg.jpg 13075 13073 0 0 https://landreport.com/2016/06/kroenke-buys-the-waggoner-ranch/runninghorseswaggoner_lg/ Tue, 31 May 2016 12:48:03 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/05/RunningHorsesWaggoner_lg.jpg 13076 13073 0 0 https://landreport.com/2016/01/2015-land-report-100-babbitt-heirs/blackfootedferret_fi/ Thu, 02 Jun 2016 12:48:49 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/BlackFootedFerret_fi.jpg 13079 13078 0 0 https://landreport.com/2016/01/2015-land-report-100-babbitt-heirs/blackfootedferret_lg-2/ Thu, 02 Jun 2016 12:49:34 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/BlackFootedFerret_lg.jpg 13080 13078 0 0 https://landreport.com/2016/06/ted-turner-acquires-dances-with-wolves-ranch/standingbutteranch_fi/ Mon, 06 Jun 2016 13:09:02 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/StandingButteRanch_fi.jpg 13082 13081 0 0 https://landreport.com/2016/06/ted-turner-acquires-dances-with-wolves-ranch/standingbutteranch_lg-2/ Mon, 06 Jun 2016 13:09:39 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/StandingButteRanch_lg.jpg 13083 13081 0 0 https://landreport.com/2016/02/stan-kroenke-acquires-waggoner/cowboysatdawn_fi/ Mon, 13 Jun 2016 13:14:16 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/CowboysAtDawn_fi.jpg 13089 13088 0 0 https://landreport.com/2016/02/stan-kroenke-acquires-waggoner/cowboysatdawn_lg-2/ Mon, 13 Jun 2016 13:15:41 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/CowboysAtDawn_lg.jpg 13090 13088 0 0 https://landreport.com/2016/06/saudi-dairy-increases-farmland-holdings/2015agdeal_fi/ Wed, 15 Jun 2016 12:07:34 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/2015AgDeal_fi.jpg 13093 13092 0 0 https://landreport.com/2016/06/saudi-dairy-increases-farmland-holdings/2015agdeal_lg-2/ Wed, 15 Jun 2016 12:08:56 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/2015AgDeal_lg.jpg 13094 13092 0 0 https://landreport.com/2016/01/2015-land-report-100-eugene-gabrych/muledeerherd_fi/ Thu, 16 Jun 2016 12:31:12 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/MuleDeerHerd_fi.jpg 13096 13095 0 0 https://landreport.com/2016/01/2015-land-report-100-eugene-gabrych/muledeerherd_lg-2/ Thu, 16 Jun 2016 12:32:14 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/MuleDeerHerd_lg.jpg 13097 13095 0 0 https://landreport.com/2016/06/weyerhaeuser-and-plum-creek-merge/sawedlogs_fi/ Fri, 17 Jun 2016 04:54:39 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/SawedLogs_fi.jpg 13099 13098 0 0 https://landreport.com/2016/06/weyerhaeuser-and-plum-creek-merge/sawedlogs_lg-2/ Fri, 17 Jun 2016 04:55:59 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/SawedLogs_lg.jpg 13100 13098 0 0 https://landreport.com/2016/06/three-peat-for-bezos/threepeatbezos_fi/ Mon, 20 Jun 2016 04:39:44 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/ThreePeatBezos_fi.jpg 13105 13104 0 0 https://landreport.com/2016/06/three-peat-for-bezos/threepeatbezos_lg/ Mon, 20 Jun 2016 04:40:22 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/ThreePeatBezos_lg.jpg New Shepard has lifted off from Jeff Bezos’s Corn Ranch, touched the edge of outer space, and returned to its launching pad three times. Commercial flights with paying passengers are planned as early as 2017.]]> 13106 13104 0 0 https://landreport.com/2016/06/historic-greenwood-plantation-finds-a-new-owner/greenwoodplantation_fi/ Tue, 21 Jun 2016 13:54:08 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/GreenwoodPlantation_fi.jpg 13109 13108 0 0 https://landreport.com/2016/06/historic-greenwood-plantation-finds-a-new-owner/greenwoodplantation_lg-2/ Tue, 21 Jun 2016 13:54:48 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/GreenwoodPlantation_lg.jpg 13110 13108 0 0 https://landreport.com/2016/06/land-report-top-ten-spring-2016/pumpkinkeyfl_fi/ Fri, 24 Jun 2016 19:11:45 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/PumpkinKeyFL_fi.jpg 13117 13116 0 0 https://landreport.com/2016/06/land-report-top-ten-spring-2016/pumpkinkeyfl_lg-2/ Fri, 24 Jun 2016 19:12:05 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/06/PumpkinKeyFL_lg.jpg 13118 13116 0 0 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http://thelandreport.c51dev.com/wp-content/uploads/2016/07/GrandTetonNationalPark_lg.jpg 13232 13230 0 0 https://landreport.com/2016/01/2015-land-report-100-llano-partners/cattle_fi/ Tue, 19 Jul 2016 12:58:20 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/07/Cattle_fi.jpg 13236 13235 0 0 https://landreport.com/2016/01/2015-land-report-100-llano-partners/cattle_lg-3/ Tue, 19 Jul 2016 12:59:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/07/Cattle_lg.jpg 13237 13235 0 0 https://landreport.com/2016/05/gear-ford-super-duty-f-250-king-ranch/ford2/ Wed, 20 Jul 2016 18:20:58 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/07/Ford2.jpg 13239 13238 0 0 https://landreport.com/2016/06/gear-moore-maker-knives/mooremaker/ Wed, 20 Jul 2016 18:29:45 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/07/MooreMaker.jpg 13241 13240 0 0 https://landreport.com/2016/06/king-of-cool-yeti-coolers/yeti/ Wed, 20 Jul 2016 18:32:26 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/07/Yeti.jpg 13243 13242 0 0 https://landreport.com/2016/06/gear-sweat-shirt-king-ranch/pink-shirt/ Wed, 20 Jul 2016 18:35:13 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/07/pink-shirt.jpg 13245 13244 0 0 https://landreport.com/vistas2/ Wed, 20 Jul 2016 19:07:52 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/07/Vistas2.jpg 13247 0 0 0 https://landreport.com/2016/07/sold-santa-ana-pueblo-buys-alamo-ranch/alamoranchnm_fi-2/ Mon, 25 Jul 2016 17:32:08 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/07/AlamoRanchNM_fi.jpg 13254 13253 0 0 https://landreport.com/2016/07/sold-santa-ana-pueblo-buys-alamo-ranch/alamoranchnm_lg-2-2/ Mon, 25 Jul 2016 17:33:51 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/07/AlamoRanchNM_lg.jpg 13255 13253 0 0 https://landreport.com/2016/01/2015-land-report-100-kenedy-memorial-foundation/kenedyranchtx_fi/ Wed, 27 Jul 2016 13:21:24 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/07/KenedyRanchTX_fi.jpg 13257 13256 0 0 https://landreport.com/2016/01/2015-land-report-100-kenedy-memorial-foundation/kenedyranchtx_lg-2/ Wed, 27 Jul 2016 13:22:27 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/07/KenedyRanchTX_lg.jpg 13258 13256 0 0 https://landreport.com/2016/07/the-land-report-summer-2016/lr-cover-summer2016/ Wed, 27 Jul 2016 18:28:23 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/07/LR-cover-SUMMER2016.jpg 13261 13259 0 0 https://landreport.com/2016/08/sold-osage-nation-buys-ted-turners-bluestem-ranch/bluestembison_fi/ Mon, 01 Aug 2016 19:05:59 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/BluestemBison_fi.jpg 13270 13269 0 0 https://landreport.com/2016/08/sold-osage-nation-buys-ted-turners-bluestem-ranch/bluestembison_lg-2/ Mon, 01 Aug 2016 19:07:13 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/BluestemBison_lg.jpg 13271 13269 0 0 https://landreport.com/2015/10/land-report-2015-legacy-landowners-the-salazar-family/kensalazar_fi/ Mon, 08 Aug 2016 17:35:26 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/KenSalazar_fi.jpg 13285 13284 0 0 https://landreport.com/2015/10/land-report-2015-legacy-landowners-the-salazar-family/kensalazar_lg/ Mon, 08 Aug 2016 17:37:07 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/KenSalazar_lg.jpg 13286 13284 0 0 https://landreport.com/2015/10/land-report-2015-legacy-landowners-the-salazar-family/kensalazar2_lg-2/ Mon, 08 Aug 2016 17:39:07 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/KenSalazar2_lg.jpg 13287 13284 0 0 https://landreport.com/2016/01/2015-land-report-100-mccoy-remme-families/mccoysbuildingsupplies_fi/ Wed, 10 Aug 2016 16:47:08 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/McCoysBuildingSupplies_fi.jpg 13291 13290 0 0 https://landreport.com/2016/01/2015-land-report-100-mccoy-remme-families/mccoysbuildingsupplies_lg-2/ Wed, 10 Aug 2016 16:48:02 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/McCoysBuildingSupplies_lg.jpg 13292 13290 0 0 https://landreport.com/2016/08/essentials-serious-gear-for-serious-work-2/essentialscollage-2/ Fri, 12 Aug 2016 19:48:12 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/EssentialsCollage.jpg 13295 13294 0 0 https://landreport.com/2016/08/essentials-serious-gear-for-serious-work-2/wingman_lg-2/ Fri, 12 Aug 2016 19:49:07 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/WingMan_lg.jpg 13296 13294 0 0 https://landreport.com/2016/08/essentials-serious-gear-for-serious-work-2/masterpiece_lg-2/ Fri, 12 Aug 2016 19:49:22 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/MasterPiece_lg.jpg 13297 13294 0 0 https://landreport.com/2016/08/essentials-serious-gear-for-serious-work-2/inthebox_lg-2/ Fri, 12 Aug 2016 19:51:25 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/InTheBox_lg.jpg 13298 13294 0 0 https://landreport.com/2016/08/essentials-serious-gear-for-serious-work-2/hightail_lg-2/ Fri, 12 Aug 2016 19:51:50 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/HighTail_lg.jpg 13299 13294 0 0 https://landreport.com/2016/08/essentials-serious-gear-for-serious-work-2/brownbagginit_lg-2/ Fri, 12 Aug 2016 19:52:04 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/BrownBagginIt_lg.jpg 13300 13294 0 0 https://landreport.com/2016/08/essentials-serious-gear-for-serious-work-2/wingman_fi/ Fri, 12 Aug 2016 20:06:20 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/WingMan_fi.jpg 13301 13294 0 0 https://landreport.com/2016/08/california-drought-claims-66-million-dead-trees/deadtrees_fi/ Fri, 12 Aug 2016 20:25:13 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/DeadTrees_fi.jpg 13303 13302 0 0 https://landreport.com/2016/08/california-drought-claims-66-million-dead-trees/deadtrees_lg-2/ Fri, 12 Aug 2016 20:25:51 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/DeadTrees_lg.jpg 13304 13302 0 0 https://landreport.com/2016/01/2015-land-report-100-singleton-family/2015singletonfamily_fi/ Fri, 12 Aug 2016 20:56:39 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/2015SingletonFamily_fi.jpg 13306 13305 0 0 https://landreport.com/2016/01/2015-land-report-100-singleton-family/2015singletonfamily_lg-2/ Fri, 12 Aug 2016 20:57:38 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/2015SingletonFamily_lg.jpg 13307 13305 0 0 https://landreport.com/2016/08/american-landowner-legends-of-quail/legendsofquail_fi/ Fri, 19 Aug 2016 18:46:54 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/LegendsofQuail_fi.jpg 13315 13313 0 0 https://landreport.com/2016/08/american-landowner-legends-of-quail/legendsofquail_lg/ Fri, 19 Aug 2016 18:47:25 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/LegendsofQuail_lg.jpg 13316 13313 0 0 https://landreport.com/2016/08/american-landowner-legends-of-quail/legendsofquailcollage/ Fri, 19 Aug 2016 18:49:00 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/LegendsofQuailCollage.jpg Covey Rise Publisher John Thames; WFAA’s Pete Delkus and John Thames chat with Boone Pickens; Rolling Plains Quail Research Ranch founding member Rick Snipes. All of the Legends are ardent supporters of Park Cities Quail, a non-profit that has raised more than $6 million for quail conservation over the last decade. During that time, the Mesa Vista Ranch has been the top cooperating ranch for research.]]> 13317 13313 0 0 https://landreport.com/2016/08/american-landowner-legends-of-quail/graves-534145/ Fri, 19 Aug 2016 18:50:54 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/graves-534145.jpg 13318 13313 0 0 https://landreport.com/2016/01/2015-land-report-100-ford-family/2015fordfamily_fi/ Fri, 19 Aug 2016 19:34:10 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/2015FordFamily_fi.jpg 13323 13322 0 0 https://landreport.com/2016/01/2015-land-report-100-ford-family/2015fordfamily_lg-2/ Fri, 19 Aug 2016 19:34:24 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/2015FordFamily_lg.jpg 13324 13322 0 0 https://landreport.com/2016/08/hummingbird-nest-ranch-sells/hummingbirdnestranch_fi/ Fri, 26 Aug 2016 17:12:26 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/HummingbirdNestRanch_fi.jpg 13330 13329 0 0 https://landreport.com/2016/08/hummingbird-nest-ranch-sells/hummingbirdnestranch_lg-2/ Fri, 26 Aug 2016 17:13:57 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/HummingbirdNestRanch_lg.jpg 13331 13329 0 0 https://landreport.com/2016/08/hummingbird-nest-ranch-sells/hummingbirdnestranch2_lg/ Fri, 26 Aug 2016 17:15:00 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/HummingbirdNestRanch2_lg.jpg 13332 13329 0 0 https://landreport.com/2016/08/for-sale-jasper-county-plantation/chelseaplantation_fi/ Fri, 26 Aug 2016 17:28:22 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/ChelseaPlantation_fi.jpg 13334 13333 0 0 https://landreport.com/2016/08/for-sale-jasper-county-plantation/chelseaplantation_lg-2/ Fri, 26 Aug 2016 17:30:01 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/ChelseaPlantation_lg.jpg 13335 13333 0 0 https://landreport.com/2016/01/2015-land-report-100-holding-family/littleamerica_fi/ Mon, 29 Aug 2016 17:19:51 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/LittleAmerica_fi.jpg 13337 13336 0 0 https://landreport.com/2016/01/2015-land-report-100-holding-family/littleamerica_lg-2/ Mon, 29 Aug 2016 17:21:25 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/08/LittleAmerica_lg.jpg 13338 13336 0 0 https://landreport.com/2016/09/whiskey-and-eggs/belmontwinnerscircle_lg/ Thu, 01 Sep 2016 17:45:34 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/BelmontWinnersCircle_lg.jpg 13343 13342 0 0 https://landreport.com/2016/09/whiskey-and-eggs/belmontwinnerscircle_fi/ Thu, 01 Sep 2016 17:47:18 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/BelmontWinnersCircle_fi.jpg 13344 13342 0 0 https://landreport.com/2016/09/wyoming-owns-the-wind/windturbineswy_fi/ Thu, 01 Sep 2016 17:58:11 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/WindTurbinesWY_fi.jpg 13346 13345 0 0 https://landreport.com/2016/09/wyoming-owns-the-wind/windturbineswy_lg-2/ Thu, 01 Sep 2016 17:59:57 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/WindTurbinesWY_lg.jpg 13347 13345 0 0 https://landreport.com/2016/01/2015-land-report-100-killam-family/whitetaildeertexas_fi/ Thu, 01 Sep 2016 22:19:44 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/WhitetailDeerTexas_fi.jpg 13349 13348 0 0 https://landreport.com/2016/01/2015-land-report-100-killam-family/whitetaildeertexas_lg-2/ Thu, 01 Sep 2016 22:20:28 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/WhitetailDeerTexas_lg.jpg 13350 13348 0 0 https://landreport.com/2016/09/gear-francotte-20-gauge/masterpiece_fi/ Thu, 08 Sep 2016 17:05:39 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/MasterPiece_fi.jpg 13360 13359 0 0 https://landreport.com/2016/09/guaranteed-loan-programs-find-favor/investing22016_fi/ Thu, 08 Sep 2016 18:10:35 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/Investing22016_fi.jpg 13362 13361 0 0 https://landreport.com/2016/09/guaranteed-loan-programs-find-favor/investing22016_lg-2/ Thu, 08 Sep 2016 18:53:36 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/Investing22016_lg.jpg 13363 13361 0 0 https://landreport.com/2016/09/guaranteed-loan-programs-find-favor/investing2-2016-2/ Thu, 08 Sep 2016 18:56:13 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/Investing2.2016.jpg 13364 13361 0 0 https://landreport.com/2016/09/navajos-sue-epa-over-gold-king-spill/goldkingmineco_fi/ Thu, 08 Sep 2016 19:28:18 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/GoldKingMineCO_fi.jpg 13366 13365 0 0 https://landreport.com/2016/09/navajos-sue-epa-over-gold-king-spill/goldkingmineco_lg-2/ Thu, 08 Sep 2016 19:29:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/GoldKingMineCO_lg.jpg 13367 13365 0 0 https://landreport.com/2016/01/2015-land-report-100-cassidy-heirs/timberlandmaine_fi/ Fri, 09 Sep 2016 20:26:34 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/TimberlandMaine_fi.jpg 13369 13368 0 0 https://landreport.com/2016/01/2015-land-report-100-cassidy-heirs/timberlandmaine_lg-2/ Fri, 09 Sep 2016 20:27:13 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/TimberlandMaine_lg.jpg 13370 13368 0 0 https://landreport.com/2016/09/in-the-box/truck-kennel_lg-2/ Wed, 14 Sep 2016 17:59:34 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/Truck-Kennel_lg.jpg 13382 13381 0 0 https://landreport.com/2016/09/in-the-box/truck-kennel_fi/ Wed, 14 Sep 2016 18:00:58 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/Truck-Kennel_fi.jpg 13383 13381 0 0 https://landreport.com/2016/06/2015-ranchland-deal-of-the-year/2016jecanyonranch_fi/ Wed, 14 Sep 2016 18:21:55 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/2016JECanyonRanch_fi.jpg 13385 13384 0 0 https://landreport.com/2016/06/2015-ranchland-deal-of-the-year/2016jecanyonranch_lg/ Wed, 14 Sep 2016 18:23:11 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/2016JECanyonRanch_lg.jpg 13386 13384 0 0 https://landreport.com/2016/09/high-tail/hightail_fi/ Fri, 23 Sep 2016 17:53:39 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/HighTail_fi.jpg 13411 13410 0 0 https://landreport.com/2016/09/high-tail/hightail_lg2-2/ Fri, 23 Sep 2016 17:55:16 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/HighTail_lg2.jpg 13412 13410 0 0 https://landreport.com/2016/09/steamboat-springs-ranch-conserved/steamboatspringsranchco_fi/ Fri, 23 Sep 2016 19:40:22 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/SteamboatSpringsRanchCO_fi.jpg 13414 13413 0 0 https://landreport.com/2016/09/steamboat-springs-ranch-conserved/steamboatspringsranchco_lg-2/ Fri, 23 Sep 2016 19:41:21 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/SteamboatSpringsRanchCO_lg.jpg 13415 13413 0 0 https://landreport.com/2016/01/2015-land-report-100-reed-family/pineseedlings_lg-2/ Fri, 23 Sep 2016 20:04:41 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/PineSeedlings_lg.jpg 13417 13416 0 0 https://landreport.com/2016/01/2015-land-report-100-reed-family/pineseedlings_fi/ Fri, 23 Sep 2016 20:05:02 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/PineSeedlings_fi.jpg 13418 13416 0 0 https://landreport.com/2016/10/brown-baggin-it/brownbagginit_lg-2-2/ Fri, 30 Sep 2016 17:45:47 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/BrownBagginIt_lg.jpg 13426 13425 0 0 https://landreport.com/2016/10/brown-baggin-it/brownbagginit_fi/ Fri, 30 Sep 2016 17:46:28 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/BrownBagginIt_fi.jpg 13427 13425 0 0 https://landreport.com/2016/10/the-land-report-top-ten-summer-2016/winecupgamblenv_fi/ Fri, 30 Sep 2016 18:07:52 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/WinecupGambleNV_fi.jpg 13429 13428 0 0 https://landreport.com/2016/10/the-land-report-top-ten-summer-2016/winecupgamblenv_lg-2/ Fri, 30 Sep 2016 18:08:48 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/WinecupGambleNV_lg.jpg 13430 13428 0 0 https://landreport.com/2016/10/sold-floridas-red-stag-sanctuary-and-little-cypress/redstagsanctuaryfl_fi/ Fri, 30 Sep 2016 19:21:10 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/RedStagSanctuaryFL_fi.jpg 13432 13431 0 0 https://landreport.com/2016/10/sold-floridas-red-stag-sanctuary-and-little-cypress/redstagsanctuaryfl_lg-2/ Fri, 30 Sep 2016 19:22:29 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/RedStagSanctuaryFL_lg.jpg 13433 13431 0 0 https://landreport.com/2016/01/2015-land-report-100-oconnor-heirs/santagertrudis2016_fi/ Fri, 30 Sep 2016 19:37:38 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/SantaGertrudis2016_fi.jpg 13437 13436 0 0 https://landreport.com/2016/01/2015-land-report-100-oconnor-heirs/santagertrudis2016_lg-2/ Fri, 30 Sep 2016 19:38:19 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/09/SantaGertrudis2016_lg.jpg 13438 13436 0 0 https://landreport.com/2016/10/hall-and-hall-celebrates-70-years/hallandhall7-_fi/ Fri, 07 Oct 2016 20:16:43 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/HallandHall7-_fi.jpg 13441 13440 0 0 https://landreport.com/2016/10/hall-and-hall-celebrates-70-years/hallandhall7-_lg/ Fri, 07 Oct 2016 20:18:14 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/HallandHall7-_lg.jpg 13442 13440 0 0 https://landreport.com/2016/10/hall-and-hall-celebrates-70-years/hh_patch_logo_red_hirez_v1_flat-2/ Fri, 07 Oct 2016 20:20:50 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/HH_Patch_Logo_RED_HIREZ_v1_flat.jpg 13443 13440 0 0 https://landreport.com/2016/10/vail-resorts-to-buy-whistler/whistlerblackcomb_fi/ Fri, 07 Oct 2016 20:40:14 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/WhistlerBlackcomb_fi.jpg 13446 13445 0 0 https://landreport.com/2016/10/vail-resorts-to-buy-whistler/whistlerblackcomb_lg-2/ Fri, 07 Oct 2016 20:40:46 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/WhistlerBlackcomb_lg.jpg 13447 13445 0 0 https://landreport.com/2016/01/2015-land-report-100-collier-family/collierfamily2016_fi/ Fri, 07 Oct 2016 21:16:03 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/CollierFamily2016_fi.jpg 13449 13448 0 0 https://landreport.com/2016/01/2015-land-report-100-collier-family/collierfamily2016_lg-2/ Fri, 07 Oct 2016 21:16:14 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/CollierFamily2016_lg.jpg 13450 13448 0 0 https://landreport.com/2016/10/the-land-report-fall-2016/2016-3-cover-2/ Sun, 16 Oct 2016 19:19:22 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/2016.3-Cover.jpg 13460 13458 0 0 https://landreport.com/2016/10/the-land-report-fall-2016/2016-3-cover-300x369/ Mon, 17 Oct 2016 16:32:50 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/2016.3-Cover-300x369-1.jpg 13462 13458 0 0 https://landreport.com/2016/10/the-land-report-fall-2016/lr-cover-fall2016-122x150/ Mon, 17 Oct 2016 16:36:50 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/LR-cover-FALL2016-122x150-1.jpg 13463 13458 0 0 https://landreport.com/2016/10/lands-best-friend-the-noble-thief/brittanyspaniel_lg-2/ Mon, 17 Oct 2016 19:14:10 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/BrittanySpaniel_lg.jpg 13466 13465 0 0 https://landreport.com/2016/10/lands-best-friend-the-noble-thief/brittanyspaniel_fi/ Mon, 17 Oct 2016 19:15:02 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/BrittanySpaniel_fi.jpg 13467 13465 0 0 https://landreport.com/2016/01/2015-land-report-100-d-k-boyd/southplainscattle_fi/ Mon, 17 Oct 2016 19:33:58 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/SouthPlainsCattle_fi.jpg 13469 13468 0 0 https://landreport.com/2016/01/2015-land-report-100-d-k-boyd/southplainscattle_lg-2/ Mon, 17 Oct 2016 19:34:30 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/SouthPlainsCattle_lg.jpg 13470 13468 0 0 https://landreport.com/2016/10/private-landowners-facilitate-expansion-of-yosemite/ackersonmeadow_fi/ Mon, 24 Oct 2016 20:32:48 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/AckersonMeadow_fi.jpg 13529 13528 0 0 https://landreport.com/2016/10/private-landowners-facilitate-expansion-of-yosemite/ackersonmeadow_lg-2/ Mon, 24 Oct 2016 20:34:22 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/AckersonMeadow_lg.jpg 13530 13528 0 0 https://landreport.com/2016/10/sold-the-woodie-lee-watson-family-trust-ranch-sells-for-more-than-3-3-million/badlandsranchnd_fi/ Mon, 24 Oct 2016 20:53:00 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/BadlandsRanchND_fi.jpg 13532 13531 0 0 https://landreport.com/2016/10/sold-the-woodie-lee-watson-family-trust-ranch-sells-for-more-than-3-3-million/badlandsranchnd_lg-2/ Mon, 24 Oct 2016 20:54:18 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/BadlandsRanchND_lg.jpg 13533 13531 0 0 https://landreport.com/2016/10/land-to-table-fire-roasted-catering/fireroastedcatering01_fi/ Tue, 25 Oct 2016 17:21:03 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/FireRoastedCatering01_fi.jpg 13535 13534 0 0 https://landreport.com/2016/10/land-to-table-fire-roasted-catering/fireroastedcatering01_lg/ Tue, 25 Oct 2016 17:23:23 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/10/FireRoastedCatering01_lg.jpg 13536 13534 0 0 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http://thelandreport.c51dev.com/wp-content/uploads/2016/11/96-Valor-Farm-fi.jpg 13559 13558 0 0 https://landreport.com/2016/11/sold-valor-farm-stays-in-the-family/78-scharbauer-alysheba/ Wed, 16 Nov 2016 04:11:44 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/11/78-Scharbauer-Alysheba.jpg 13560 13558 0 0 https://landreport.com/2016/11/sold-valor-farm-stays-in-the-family/94-solo-horse/ Wed, 16 Nov 2016 04:12:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/11/94-Solo-Horse.jpg 13561 13558 0 0 https://landreport.com/2016/11/big-deals-stoke-florida-market/floridacattle_fi/ Fri, 18 Nov 2016 17:14:40 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/11/FloridaCattle_fi.jpg 13564 13563 0 0 https://landreport.com/2016/11/big-deals-stoke-florida-market/floridacattle_lg-2/ Fri, 18 Nov 2016 17:15:53 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/11/FloridaCattle_lg.jpg 13565 13563 0 0 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2016 20:05:33 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/12/ChrisSoules06_lg.jpg 13583 13578 0 0 https://landreport.com/2016/12/chris-soules-is-on-a-mission/chrissoules01_lg/ Mon, 05 Dec 2016 20:06:09 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/12/ChrisSoules01_lg.jpg 13584 13578 0 0 https://landreport.com/2016/12/chris-soules-is-on-a-mission/chrissoules07_lg/ Mon, 05 Dec 2016 20:06:43 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/12/ChrisSoules07_lg.jpg 13585 13578 0 0 https://landreport.com/2016/12/private-landowners-fuel-jet-travel/tomvilsack_fi/ Wed, 07 Dec 2016 17:44:21 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/12/TomVilsack_fi.jpg 13589 13588 0 0 https://landreport.com/2016/12/private-landowners-fuel-jet-travel/tomvilsack_lg-2/ Wed, 07 Dec 2016 17:45:37 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/12/TomVilsack_lg.jpg 13590 13588 0 0 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18 Dec 2016 23:09:00 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/12/NechesRiverTX_lg.jpg 13612 13610 0 0 https://landreport.com/2017/01/the-2016-land-report-100/largest100landowners2016/ Tue, 20 Dec 2016 18:09:14 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/12/largest100landowners2016.jpg 13614 13596 0 0 https://landreport.com/2016/12/historic-seminole-land-conserved/arbucklecreekfl_fi/ Wed, 21 Dec 2016 17:40:45 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/12/ArbuckleCreekFL_fi.jpg 13616 13615 0 0 https://landreport.com/2016/12/historic-seminole-land-conserved/arbucklecreekfl_lg-2/ Wed, 21 Dec 2016 17:41:09 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/12/ArbuckleCreekFL_lg.jpg 13617 13615 0 0 https://landreport.com/2016/10/americas-best-ranch-investment-winecup-gamble-ranch/winecupgambleranch_fi/ Tue, 03 Jan 2017 19:37:45 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/01/WinecupGambleRanch_fi.jpg 13649 13648 0 0 https://landreport.com/2016/10/americas-best-ranch-investment-winecup-gamble-ranch/winecupgambleranch_lg-2/ Tue, 03 Jan 2017 19:40:32 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/01/WinecupGambleRanch_lg.jpg 13650 13648 0 0 https://landreport.com/2016/10/americas-best-ranch-investment-winecup-gamble-ranch/winecupgambleranch2_lg-2/ Tue, 03 Jan 2017 19:41:10 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/01/WinecupGambleRanch2_lg.jpg 13651 13648 0 0 https://landreport.com/2016/10/americas-best-ranch-investment-winecup-gamble-ranch/winecupgambleranch3_lg-2/ Tue, 03 Jan 2017 19:41:55 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/01/WinecupGambleRanch3_lg.jpg 13652 13648 0 0 https://landreport.com/2016/10/americas-best-ranch-investment-winecup-gamble-ranch/winecupgambleranch4_lg-2/ Tue, 03 Jan 2017 19:42:25 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/01/WinecupGambleRanch4_lg.jpg 13653 13648 0 0 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http://thelandreport.c51dev.com/wp-content/uploads/2017/01/2016TedTurner_fi.jpg 13698 13697 0 0 https://landreport.com/2017/01/2016-land-report-100-ted-turner/2016tedturner_lg-2/ Thu, 26 Jan 2017 17:30:12 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/01/2016TedTurner_lg.jpg 13699 13697 0 0 https://landreport.com/2017/01/food-costs-fall-and-farmland-values-follow/deli_fi/ Fri, 27 Jan 2017 18:23:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/01/Deli_fi.jpg 13701 13700 0 0 https://landreport.com/2017/01/food-costs-fall-and-farmland-values-follow/deli_lg-2/ Fri, 27 Jan 2017 18:27:43 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/01/Deli_lg.jpg 13702 13700 0 0 https://landreport.com/2017/01/food-costs-fall-and-farmland-values-follow/winter2016investing-2/ Fri, 27 Jan 2017 18:28:33 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/01/Winter2016Investing.jpg 13703 13700 0 0 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17:45:35 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/02/2016LR100Kroenke_lg.jpg The Land Report.]]> 13721 13720 0 0 https://landreport.com/2017/01/2016-land-report-100-stan-kroenke/2016lr100kroenke_fi/ Thu, 09 Feb 2017 17:46:15 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/02/2016LR100Kroenke_fi.jpg 13722 13720 0 0 https://landreport.com/2017/02/facebook-ceo-drops-legal-action-against-native-hawaiians/kauai_fi/ Fri, 10 Feb 2017 18:31:54 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/02/Kauai_fi.jpg 13725 13724 0 0 https://landreport.com/2017/02/facebook-ceo-drops-legal-action-against-native-hawaiians/kauai_lg-2/ Fri, 10 Feb 2017 18:32:43 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/02/Kauai_lg.jpg 13726 13724 0 0 https://landreport.com/2017/02/behold-an-enchanted-forest/enchantedforest_fi/ Wed, 15 Feb 2017 21:26:24 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/02/EnchantedForest_fi.jpg 13729 13728 0 0 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http://thelandreport.c51dev.com/wp-content/uploads/2017/02/KesslerCanyonCO_fi.jpg 13737 13736 0 0 https://landreport.com/2017/02/sold-colorados-kessler-canyon-sells-for-28-million/kesslercanyonco_lg-2/ Fri, 17 Feb 2017 20:03:58 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/02/KesslerCanyonCO_lg.jpg 13738 13736 0 0 https://landreport.com/2017/01/the-2016-land-report-100/landleader-top100/ Mon, 20 Feb 2017 19:13:19 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2016/12/LandLeader-top100.png 13743 13596 0 0 https://landreport.com/2016irving_lg/ Thu, 23 Feb 2017 18:55:44 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/02/2016Irving_lg-1.jpg 13746 0 0 0 https://landreport.com/2017/02/2016-land-report-100-irving-family/attachment/0228/ Tue, 28 Feb 2017 17:16:03 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/02/0228.jpg 13752 13747 0 0 https://landreport.com/2017/03/red-river-gradient-boundary-survey-act-clears-house/redrivertx_fi/ Mon, 06 Mar 2017 20:27:49 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/03/RedRiverTX_fi.jpg 13763 13762 0 0 https://landreport.com/2017/03/red-river-gradient-boundary-survey-act-clears-house/redrivertx_lg-2/ Mon, 06 Mar 2017 20:29:04 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/03/RedRiverTX_lg.jpg 13764 13762 0 0 https://landreport.com/2017/03/2016-land-report-100-brad-kelley/2016bradkelley_fi/ Thu, 09 Mar 2017 18:18:18 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/03/2016BradKelley_fi.jpg 13767 13766 0 0 https://landreport.com/2017/03/2016-land-report-100-brad-kelley/2016bradkelley_lg-2/ Thu, 09 Mar 2017 18:19:49 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/03/2016BradKelley_lg.jpg 13768 13766 0 0 https://landreport.com/2017/03/2016-gear-of-the-year/2016gear01_lg-2/ Mon, 13 Mar 2017 20:01:44 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/03/2016Gear01_lg.jpg 13771 13770 0 0 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http://thelandreport.c51dev.com/wp-content/uploads/2017/03/BlueSpringsPlantation_lg.jpg 13789 13787 0 0 https://landreport.com/2017/03/2016-land-report-100-king-ranch-heirs/2016kingranchheirs_fi/ Thu, 16 Mar 2017 17:44:09 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/03/2016KingRanchHeirs_fi.jpg 13791 13790 0 0 https://landreport.com/2017/03/2016-land-report-100-king-ranch-heirs/2016kingranchheirs_lg-2/ Thu, 16 Mar 2017 17:44:55 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/03/2016KingRanchHeirs_lg.jpg 13792 13790 0 0 https://landreport.com/2017/03/for-sale-2500-acre-east-texas-resort/bearfootranchtx_fi/ Mon, 20 Mar 2017 21:00:56 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/03/BearfootRanchTX_fi.jpg 13795 13794 0 0 https://landreport.com/2017/03/for-sale-2500-acre-east-texas-resort/bearfootranchtx_lg-2/ Mon, 20 Mar 2017 21:02:06 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/03/BearfootRanchTX_lg.jpg 13796 13794 0 0 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http://thelandreport.c51dev.com/wp-content/uploads/2017/04/UtahPrairieDog_fi.jpg 13827 13826 0 0 https://landreport.com/2017/04/utah-landowners-lose-esa-challenge-on-appeal/utahprairiedog_lg-2/ Mon, 10 Apr 2017 17:36:34 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/04/UtahPrairieDog_lg.jpg 13828 13826 0 0 https://landreport.com/2017/04/1031-exchanges-endangered/grovernorquisttx17_fi/ Wed, 12 Apr 2017 18:41:02 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/04/GroverNorquistTX17_fi.jpg 13830 13829 0 0 https://landreport.com/2017/04/1031-exchanges-endangered/grovernorquisttx17_lg-2/ Wed, 12 Apr 2017 18:43:24 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/04/GroverNorquistTX17_lg.jpg 13831 13829 0 0 https://landreport.com/2017/04/sold-blue-apron-acquires-sustainable-meat-producer-bn-ranch/billniman_fi/ Mon, 17 Apr 2017 18:07:33 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/04/BillNiman_fi.jpg 13837 13836 0 0 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13850 0 0 https://landreport.com/2017/04/the-13-million-acre-man/gpb5_lg-2/ Tue, 25 Apr 2017 18:25:20 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/04/GPB5_lg.jpg 13856 13850 0 0 https://landreport.com/2017/05/on-the-block-26867-acres-of-the-a-b-hudson-ranch/abhudsonranchtx_fi/ Mon, 01 May 2017 17:39:03 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/05/ABHudsonRanchTX_fi.jpg 13869 13868 0 0 https://landreport.com/2017/05/on-the-block-26867-acres-of-the-a-b-hudson-ranch/abhudsonranchtx_lg-2/ Mon, 01 May 2017 17:40:18 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/05/ABHudsonRanchTX_lg.jpg 13870 13868 0 0 https://landreport.com/2007/10/pitching-the-perfect-investment-plan/nolanryan_fi/ Tue, 02 May 2017 19:10:20 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/05/NolanRyan_fi.jpg 13873 13872 0 0 https://landreport.com/2007/10/pitching-the-perfect-investment-plan/nolanryan_lg-2/ Tue, 02 May 2017 19:11:53 +0000 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13952 13951 0 0 https://landreport.com/2017/05/bumper-crop-gird-land-values/cornharvest_lg-2/ Tue, 23 May 2017 20:51:01 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/05/CornHarvest_lg.jpg 13953 13951 0 0 https://landreport.com/2017/05/parker-ranch-sues-to-foreclose/parkerranchhi_fi/ Fri, 26 May 2017 16:31:54 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/05/ParkerRanchHI_fi.jpg 13958 13957 0 0 https://landreport.com/2017/05/parker-ranch-sues-to-foreclose/parkerranchhi_lg-2/ Fri, 26 May 2017 16:33:01 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/05/ParkerRanchHI_lg.jpg 13959 13957 0 0 https://landreport.com/2017/05/the-land-report-spring-2017/lrspring2017/ Tue, 30 May 2017 16:43:35 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/05/LRSpring2017.jpg 14007 13961 0 0 https://landreport.com/2017/06/rayonier-to-acquire-95100-acres-in-southeast/rayoniertimberland_fi/ Wed, 31 May 2017 18:07:34 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/05/RayonierTimberland_fi.jpg 14010 14009 0 0 https://landreport.com/2017/06/rayonier-to-acquire-95100-acres-in-southeast/rayoniertimberland_lg-2/ Wed, 31 May 2017 18:08:37 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/05/RayonierTimberland_lg.jpg 14011 14009 0 0 https://landreport.com/2017/05/gear-chippewa-boots/high-steppers/ Wed, 31 May 2017 19:39:22 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/05/High-Steppers.jpg 14015 14013 0 0 https://landreport.com/2017/05/for-sale-historic-cabin-bluff/cabin-bluff/ Wed, 31 May 2017 20:20:00 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/05/Cabin-Bluff.jpg 14018 14017 0 0 https://landreport.com/2017/05/for-sale-historic-cabin-bluff/2017-1-58-67-cabin-bluff/ Wed, 31 May 2017 20:21:40 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2017/05/2017.1-58-67-Cabin-Bluff.pdf 14019 14017 0 0 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http://thelandreport.c51dev.com/wp-content/uploads/2018/10/CrudeOil_l.jpg 15478 15476 0 0 https://landreport.com/2018/11/critical-habitat-debated-before-high-court/duskygophergrog_lg-2/ Wed, 07 Nov 2018 15:58:39 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2018/11/DuskyGopherGrog_lg.jpg 15485 15484 0 0 https://landreport.com/2018/11/critical-habitat-debated-before-high-court/duskygophergrog_fi/ Wed, 07 Nov 2018 15:59:02 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2018/11/DuskyGopherGrog_fi.jpg 15486 15484 0 0 https://landreport.com/2018/11/supreme-court-declines-coastal-act-case/martinsbeachca_fi/ Mon, 12 Nov 2018 16:34:30 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2018/11/MartinsBeachCA_fi.jpg 15492 15491 0 0 https://landreport.com/2018/11/supreme-court-declines-coastal-act-case/martinsbeachca_lg-2/ Mon, 12 Nov 2018 16:35:21 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2018/11/MartinsBeachCA_lg.jpg 15493 15491 0 0 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Thu, 06 Dec 2018 16:33:48 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2018/12/WP-New-England-graphic-sm.jpg 15543 15540 0 0 https://landreport.com/2018/12/american-land-barons/aguafriaranch_lg-2/ Thu, 06 Dec 2018 16:34:34 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2018/12/AguaFriaRanch_lg.jpg 15544 15540 0 0 https://landreport.com/cofracking_fi/ Tue, 11 Dec 2018 23:03:39 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2018/12/COFracking_fi.jpg 15554 0 0 0 https://landreport.com/cofracking_lg/ Wed, 12 Dec 2018 01:00:16 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2018/12/COFracking_lg.jpg 15555 0 0 0 https://landreport.com/2018/12/cash-crunch/windmill_lg-2/ Fri, 14 Dec 2018 16:37:37 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2018/12/Windmill_lg.jpg 15563 15562 0 0 https://landreport.com/2018/12/cash-crunch/windmill_fi/ Fri, 14 Dec 2018 16:43:34 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2018/12/Windmill_fi.jpg 15564 15562 0 0 https://landreport.com/2018/12/cash-crunch/frontgates18-2/ Fri, 14 Dec 2018 16:56:59 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2018/12/FrontGateS18.jpg 15565 15562 0 0 https://landreport.com/2018/12/sold-town-of-tiller-sells/tilleror_fi/ Mon, 17 Dec 2018 17:24:55 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2018/12/TillerOR_fi.jpg 15568 15567 0 0 https://landreport.com/2018/12/sold-town-of-tiller-sells/windmill_lg-2-2/ Mon, 17 Dec 2018 17:26:01 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2018/12/Windmill_lg-1.jpg 15569 15567 0 0 https://landreport.com/2018/12/sold-town-of-tiller-sells/tilleror_lg-2/ Mon, 17 Dec 2018 17:35:48 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2018/12/TillerOR_lg.jpg 15570 15567 0 0 https://landreport.com/2018/08/land-report-top-ten-summer-2018/greatislandct_fi/ Tue, 18 Dec 2018 16:04:00 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2018/12/GreatIslandCT_fi.jpg 15574 15573 0 0 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http://thelandreport.c51dev.com/wp-content/uploads/2019/01/2018-Land-Report-100.jpg 15696 15687 0 0 https://landreport.com/2019/01/sold-floridas-el-maximo-ranch-sells/el-maximo-fi/ Mon, 28 Jan 2019 16:45:49 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/01/El-Maximo-FI.jpg 15699 15698 0 0 https://landreport.com/2019/01/sold-floridas-el-maximo-ranch-sells/maxcybrandfrostproof/ Mon, 28 Jan 2019 16:48:08 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/01/MaxcyBrandFrostproof.jpg 15700 15698 0 0 https://landreport.com/2019/01/sold-floridas-el-maximo-ranch-sells/el-maximo-lg-2/ Mon, 28 Jan 2019 16:51:57 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/01/El-Maximo-lg.jpg 15701 15698 0 0 https://landreport.com/2019/02/big-empty/boisemountain_lg-2/ Wed, 06 Feb 2019 16:49:29 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/02/BoiseMountain_lg.jpg 15722 15721 0 0 https://landreport.com/2019/02/big-empty/sandstoneranch_lg-2/ Wed, 06 Feb 2019 16:50:58 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/02/SandstoneRanch_lg.jpg 15723 15721 0 0 https://landreport.com/2019/02/big-empty/boisemountains_fi/ Wed, 06 Feb 2019 16:54:47 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/02/BoiseMountains_fi.jpg 15724 15721 0 0 https://landreport.com/2019/02/court-approves-sale-of-west-texas-ranch-at-1007-per-acre/kc7ranch_lg-2/ Mon, 25 Feb 2019 19:12:00 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/02/KC7Ranch_lg.jpg 15871 15870 0 0 https://landreport.com/2019/02/court-approves-sale-of-west-texas-ranch-at-1007-per-acre/kc7ranch_fi/ Mon, 25 Feb 2019 19:13:15 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/02/KC7Ranch_fi.jpg 15872 15870 0 0 https://landreport.com/2019/03/sold-utahs-wasatch-peaks-ranch/wasatchpeaksranch_fi/ Wed, 13 Mar 2019 17:51:21 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/03/WasatchPeaksRanch_fi.jpg 15885 15884 0 0 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https://landreport.com/2019/03/court-orders-austrian-government-to-pay-1-7-million-to-owner-of-der-fuhrers-childhood-home/hitlerhouse_fi/ Mon, 18 Mar 2019 20:57:31 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/03/HitlerHouse_fi.jpg 15893 15892 0 0 https://landreport.com/2019/03/court-orders-austrian-government-to-pay-1-7-million-to-owner-of-der-fuhrers-childhood-home/hitlerhouse-lg-2/ Mon, 18 Mar 2019 20:58:09 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/03/HitlerHouse-lg.jpg 15894 15892 0 0 https://landreport.com/2019/03/sold-top-elk-hunting-destination-in-western-us-sells/oneill_fi/ Tue, 19 Mar 2019 16:32:06 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/03/Oneill_fi.jpg 15896 15895 0 0 https://landreport.com/2019/03/sold-top-elk-hunting-destination-in-western-us-sells/oneill_lg-2/ Tue, 19 Mar 2019 16:33:32 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/03/Oneill_lg.jpg 15897 15895 0 0 https://landreport.com/2019/03/for-sale-2000-acre-california-ranch-owned-by-john-wayne-lists-for-8-million/theduke_fi/ Thu, 21 Mar 2019 16:25:02 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/03/TheDuke_fi.jpg 15901 15900 0 0 https://landreport.com/2019/03/for-sale-2000-acre-california-ranch-owned-by-john-wayne-lists-for-8-million/theduke_lg-2/ Thu, 21 Mar 2019 16:27:32 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/03/TheDuke_lg.jpg 15902 15900 0 0 https://landreport.com/2019/03/winter-2018-top-ten/pumpkinkey_fi/ Fri, 22 Mar 2019 16:50:33 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/03/PumpkinKey_fi.jpg 15904 15903 0 0 https://landreport.com/2019/03/winter-2018-top-ten/pumpkinkey_lg-2/ Fri, 22 Mar 2019 16:51:04 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/03/PumpkinKey_lg.jpg 15905 15903 0 0 https://landreport.com/2019/03/sold-257-acre-town-of-tiller-sells/tiller_fi/ Wed, 27 Mar 2019 15:51:03 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/03/Tiller_fi.jpg 15908 15907 0 0 https://landreport.com/2019/03/sold-257-acre-town-of-tiller-sells/tiller_lg/ Wed, 27 Mar 2019 15:52:05 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/03/Tiller_lg.jpg 15909 15907 0 0 https://landreport.com/2018/12/land-report-2018-gear-guide/2018gg_01-fi/ Thu, 28 Mar 2019 18:49:35 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/03/2018GG_01-fi.jpg 15911 15910 0 0 https://landreport.com/2018/12/land-report-2018-gear-guide/2018gg02/ Thu, 28 Mar 2019 18:56:47 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/03/2018GG02.jpg 15912 15910 0 0 https://landreport.com/2018/12/land-report-2018-gear-guide/2018gg03/ Thu, 28 Mar 2019 18:57:14 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/03/2018GG03.jpg 15913 15910 0 0 https://landreport.com/2018/12/land-report-2018-gear-guide/2018gg04/ Thu, 28 Mar 2019 18:57:28 +0000 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2019 19:41:04 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/03/2019-Land-Report-Agriculture-Issue.jpg 15937 15936 0 0 https://landreport.com/2019/04/monsanto-liable-for-non-hodgins-lymphoma-ordered-to-pay-80-million/weedkiller_fi/ Mon, 01 Apr 2019 16:06:31 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/04/WeedKiller_fi.jpg 15940 15939 0 0 https://landreport.com/2019/04/monsanto-liable-for-non-hodgins-lymphoma-ordered-to-pay-80-million/weedkiller_lg-2/ Mon, 01 Apr 2019 16:07:30 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/04/WeedKiller_lg.jpg 15941 15939 0 0 https://landreport.com/2019/04/major-listings-recalibrate-pricing/lonepineranch_fi/ Fri, 05 Apr 2019 16:39:03 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/04/LonePineRanch_fi.jpg 15946 15945 0 0 https://landreport.com/2019/04/major-listings-recalibrate-pricing/lonepineranch_lg-2/ Fri, 05 Apr 2019 16:40:10 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/04/LonePineRanch_lg.jpg 15947 15945 0 0 https://landreport.com/2019/04/cole-ranch-offers-rare-opportunity-to-own-an-entire-american-viticultural-area/coleranchava_fi/ Mon, 08 Apr 2019 20:44:53 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/04/ColeRanchAVA_fi.jpg 15951 15950 0 0 https://landreport.com/2019/04/cole-ranch-offers-rare-opportunity-to-own-an-entire-american-viticultural-area/coleranchava_lg-2/ Mon, 08 Apr 2019 20:45:50 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/04/ColeRanchAVA_lg.jpg 15952 15950 0 0 https://landreport.com/2019/04/senators-grassley-and-wyden-investigate-bad-actors/easement-fi/ Fri, 12 Apr 2019 15:50:21 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/04/Easement-fi.jpg 15968 15967 0 0 https://landreport.com/2019/04/senators-grassley-and-wyden-investigate-bad-actors/easement-lg-2/ Fri, 12 Apr 2019 15:51:31 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/04/Easement-lg.jpg 15969 15967 0 0 https://landreport.com/2019/04/toledo-voters-approve-ballot-measure-granting-rights-to-lake-erie/lakeerie_fi/ Mon, 15 Apr 2019 20:58:10 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/04/LakeErie_fi.jpg 15971 15970 0 0 https://landreport.com/2019/04/toledo-voters-approve-ballot-measure-granting-rights-to-lake-erie/lakeerie_lg-2/ Mon, 15 Apr 2019 20:59:08 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/04/LakeErie_lg.jpg 15972 15970 0 0 https://landreport.com/2019/04/2018-land-report-100-john-malone/2018lr100_01fi/ Thu, 18 Apr 2019 15:53:58 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/04/2018LR100_01fi.jpg 15978 15977 0 0 https://landreport.com/2019/04/2018-land-report-100-john-malone/2018lr100_01lg-2/ Thu, 18 Apr 2019 15:55:08 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/04/2018LR100_01lg.jpg 15979 15977 0 0 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http://thelandreport.c51dev.com/wp-content/uploads/2019/09/ClintEastman04_lg.jpg 16483 16389 0 0 https://landreport.com/2019/09/the-land-report-summer-2019/land-report-spring-2019-cover/ Mon, 14 Oct 2019 17:05:05 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/09/Land-Report-Spring-2019-cover.jpg 16485 16406 0 0 https://landreport.com/2019/10/historic-25-ranch-comes-to-market/25ranchnv_fi/ Mon, 14 Oct 2019 17:51:27 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/25RanchNV_fi.jpg 16488 16487 0 0 https://landreport.com/2019/10/historic-25-ranch-comes-to-market/25ranchnv_lg-2/ Mon, 14 Oct 2019 17:51:28 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/25RanchNV_lg.jpg 16489 16487 0 0 https://landreport.com/2019/10/stefan-soloviev-2018-land-report-100/685firstavenue_fi/ Tue, 15 Oct 2019 12:30:08 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/685FirstAvenue_fi.jpg 16491 16490 0 0 https://landreport.com/2019/10/stefan-soloviev-2018-land-report-100/685firstavenue_lg-2/ Tue, 15 Oct 2019 12:30:09 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/685FirstAvenue_lg.jpg 16492 16490 0 0 https://landreport.com/2019/09/clint-eastwood-master-class/clinteastwood08-2/ Tue, 15 Oct 2019 19:57:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/09/ClintEastwood08.jpg 16552 16389 0 0 https://landreport.com/2019/10/sold-south-texass-la-bandera-ranch-sells/labanderatxsold_fi/ Wed, 16 Oct 2019 21:43:38 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/LaBanderaTXsold_fi.jpg 16554 16553 0 0 https://landreport.com/2019/10/sold-south-texass-la-bandera-ranch-sells/labanderatxsold_lg-2/ Wed, 16 Oct 2019 21:43:41 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/LaBanderaTXsold_lg.jpg 16555 16553 0 0 https://landreport.com/2019/10/colorado-water-rights-all-wet/fredsekichfarm_fi/ Mon, 21 Oct 2019 15:55:38 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/FredSekichFarm_fi.jpg 16557 16556 0 0 https://landreport.com/2019/10/colorado-water-rights-all-wet/fredsekichfarm_lg-2/ Mon, 21 Oct 2019 15:55:40 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/FredSekichFarm_lg.jpg 16558 16556 0 0 https://landreport.com/2019/10/2018-farmland-deal-of-the-year-walla-walla-masterpiece/wallawalla01_fi/ Fri, 25 Oct 2019 20:44:20 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/WallaWalla01_fi.jpg 16567 16566 0 0 https://landreport.com/2019/10/2018-farmland-deal-of-the-year-walla-walla-masterpiece/wallawalla01_lg/ Fri, 25 Oct 2019 20:44:24 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/WallaWalla01_lg.jpg 16568 16566 0 0 https://landreport.com/2019/10/2018-farmland-deal-of-the-year-walla-walla-masterpiece/wallawalla02_lg/ Fri, 25 Oct 2019 20:44:25 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/WallaWalla02_lg.jpg 16569 16566 0 0 https://landreport.com/2019/10/2018-farmland-deal-of-the-year-walla-walla-masterpiece/wallawalla03_lg/ Fri, 25 Oct 2019 20:44:26 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/WallaWalla03_lg.jpg 16570 16566 0 0 https://landreport.com/2019/10/2018-ranchland-deal-of-the-year-el-maximo-ranch/20118rdoyelmaximo_fi/ Mon, 28 Oct 2019 17:06:21 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/20118RDOYElMaximo_fi.jpg 16572 16571 0 0 https://landreport.com/2019/10/2018-ranchland-deal-of-the-year-el-maximo-ranch/maxcybrandfrostproof_lg/ Mon, 28 Oct 2019 17:07:08 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/MaxcyBrandFrostproof_lg.jpg 16573 16571 0 0 https://landreport.com/2019/10/2018-ranchland-deal-of-the-year-el-maximo-ranch/maxcybrandfrostproof_lg2-2/ Mon, 28 Oct 2019 17:08:04 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/MaxcyBrandFrostproof_lg2.jpg 16574 16571 0 0 https://landreport.com/2019/10/2018-timberland-deal-of-the-year/investor-carl-icahn-speaks-at-the-wall-street-journal-deals-deal-makers-conference-held-at-the-new-york-stock-exchange/ Tue, 29 Oct 2019 14:16:54 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/91-Carl-Icahn.jpg 16576 16575 0 0 https://landreport.com/2019/10/2018-timberland-deal-of-the-year/texastimberland_fi/ Tue, 29 Oct 2019 14:16:56 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/TexasTimberland_fi.jpg 16577 16575 0 0 https://landreport.com/2019/10/2018-timberland-deal-of-the-year/texastimberland_lg/ Tue, 29 Oct 2019 14:16:58 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/10/TexasTimberland_lg.jpg 16578 16575 0 0 https://landreport.com/2019/11/land-report-2018-auction-deal-of-the-year-western-south-dakota-auction/2018auctiondoy_fi/ Fri, 01 Nov 2019 19:36:55 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/11/2018AuctionDOY_fi.jpg 16585 16584 0 0 https://landreport.com/2019/11/land-report-2018-auction-deal-of-the-year-western-south-dakota-auction/2018auctiondoy_lg/ Fri, 01 Nov 2019 19:36:56 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/11/2018AuctionDOY_lg.jpg 16586 16584 0 0 https://landreport.com/2019/11/sporting-goods-sales-tax-revenue-on-the-ballot/txstateparks_fi/ Tue, 05 Nov 2019 15:54:32 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/11/TXStateParks_fi.jpg 16588 16587 0 0 https://landreport.com/2019/11/sporting-goods-sales-tax-revenue-on-the-ballot/txstateparks_lg/ Tue, 05 Nov 2019 15:54:33 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/11/TXStateParks_lg.jpg 16589 16587 0 0 https://landreport.com/2019/11/americas-national-mammal-returns-to-badlands-habitat-for-the-first-time-in-more-than-a-century/bison_sdbadlands_fi/ Thu, 07 Nov 2019 16:55:59 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/11/Bison_SDbadlands_fi.jpg 16591 16590 0 0 https://landreport.com/2019/11/americas-national-mammal-returns-to-badlands-habitat-for-the-first-time-in-more-than-a-century/bison_sdbadlands_lg-2/ Thu, 07 Nov 2019 16:56:03 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/11/Bison_SDbadlands_lg.jpg 16592 16590 0 0 https://landreport.com/2019/11/sold-209-acres-of-iowa-farmland-goes-for-18000-per-acre-at-auction/siouxcountyia_fi/ Fri, 08 Nov 2019 23:38:33 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/11/SiouxCountyIA_fi.jpg 16596 16595 0 0 https://landreport.com/2019/11/sold-209-acres-of-iowa-farmland-goes-for-18000-per-acre-at-auction/siouxcountyia_lg-2/ Fri, 08 Nov 2019 23:38:34 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/11/SiouxCountyIA_lg.jpg 16597 16595 0 0 https://landreport.com/2019/11/sold-pilgrims-pride-estate-eclipses-3-million-at-auction/pilgrims_fi/ Mon, 18 Nov 2019 17:51:49 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/11/Pilgrims_fi.jpg 16601 16600 0 0 https://landreport.com/2019/11/sold-pilgrims-pride-estate-eclipses-3-million-at-auction/pilgrims_lg-2/ Mon, 18 Nov 2019 17:51:52 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/11/Pilgrims_lg.jpg 16602 16600 0 0 https://landreport.com/2019/11/colorado-cattlemens-agricultural-land-trust-and-yampa-valley-land-trust-merge/ccalt_fi/ Mon, 25 Nov 2019 17:25:44 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/11/CCALT_fi.jpg 16605 16604 0 0 https://landreport.com/2019/11/colorado-cattlemens-agricultural-land-trust-and-yampa-valley-land-trust-merge/ccalt_lg-2/ Mon, 25 Nov 2019 17:25:47 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/11/CCALT_lg.jpg 16606 16604 0 0 https://landreport.com/2019/11/the-land-report-fall-2019/land-report-fall-2019-cover/ Wed, 27 Nov 2019 21:30:18 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/11/Land-Report-Fall-2019-cover.png 16611 16610 0 0 https://landreport.com/2019/12/did-the-boy-scouts-break-their-word/bsa_fi/ Wed, 04 Dec 2019 12:51:06 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/12/BSA_fi.jpg 16624 16623 0 0 https://landreport.com/2019/12/did-the-boy-scouts-break-their-word/bsa_lg-2/ Wed, 04 Dec 2019 12:51:07 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/12/BSA_lg.jpg 16625 16623 0 0 https://landreport.com/2019/12/departments-of-justice-and-defense-prepare-to-condemn-private-lands-for-border-wall/borderwalltx_fi/ Thu, 05 Dec 2019 23:52:12 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/12/borderwalltx_fi.jpg 16632 16631 0 0 https://landreport.com/2019/12/departments-of-justice-and-defense-prepare-to-condemn-private-lands-for-border-wall/borderwalltx_lg-2/ Thu, 05 Dec 2019 23:52:13 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2019/12/borderwalltx_lg.jpg 16633 16631 0 0 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http://thelandreport.c51dev.com/wp-content/uploads/2020/01/Trees_02_lg.jpg 16741 16737 0 0 https://landreport.com/2020/01/small-towns-are-dying-everywhere-but-here/smalltowns_01fi/ Wed, 22 Jan 2020 17:41:59 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/01/SmallTowns_01fi.jpg 16750 16749 0 0 https://landreport.com/2020/01/small-towns-are-dying-everywhere-but-here/smalltowns_01lg-2/ Wed, 22 Jan 2020 17:42:04 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/01/SmallTowns_01lg.jpg 16751 16749 0 0 https://landreport.com/2020/01/small-towns-are-dying-everywhere-but-here/smalltowns02-2/ Wed, 22 Jan 2020 17:42:05 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/01/SmallTowns02.jpg 16752 16749 0 0 https://landreport.com/2020/01/small-towns-are-dying-everywhere-but-here/smalltowns03-2/ Wed, 22 Jan 2020 17:42:05 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/01/SmallTowns03.jpg 16753 16749 0 0 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https://landreport.com/2020/01/leading-harvest-sets-the-standard/leadingharvest02-2/ Mon, 27 Jan 2020 20:04:49 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/01/LeadingHarvest02.jpg 16771 16768 0 0 https://landreport.com/2020/01/leading-harvest-sets-the-standard/leadingharvest03-2/ Mon, 27 Jan 2020 20:04:50 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/01/LeadingHarvest03.jpg 16772 16768 0 0 https://landreport.com/2020/01/leading-harvest-sets-the-standard/leadingharvest04-2/ Mon, 27 Jan 2020 20:04:50 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/01/LeadingHarvest04.jpg 16773 16768 0 0 https://landreport.com/2020/01/leading-harvest-sets-the-standard/leadingharvest05-2/ Mon, 27 Jan 2020 20:04:51 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/01/LeadingHarvest05.jpg 16774 16768 0 0 https://landreport.com/2020/02/legalization-of-hemp-leads-to-legal-nightmares/2018hemp_fi/ Wed, 05 Feb 2020 17:49:13 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/02/2018hemp_fi.jpg 16779 16778 0 0 https://landreport.com/2020/02/legalization-of-hemp-leads-to-legal-nightmares/2018hemp_lg-2/ Wed, 05 Feb 2020 17:49:16 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/02/2018hemp_lg.jpg 16780 16778 0 0 https://landreport.com/2020/02/peter-buck-acquires-311000-acres-of-maine-timberland/timberlandme_fi-2/ Fri, 07 Feb 2020 17:29:53 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/02/TimberlandME_fi.jpg 16783 16782 0 0 https://landreport.com/2020/02/peter-buck-acquires-311000-acres-of-maine-timberland/timberlandme_lg-2/ Fri, 07 Feb 2020 17:29:54 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/02/TimberlandME_lg.jpg 16784 16782 0 0 https://landreport.com/eldon01_fi/ Mon, 10 Feb 2020 18:53:27 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/02/Eldon01_fi.jpg 16788 0 0 0 https://landreport.com/2020/02/beneath-the-blue-ridge/eldon01_lg/ Mon, 10 Feb 2020 18:53:28 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/02/Eldon01_lg.jpg 16789 16794 0 0 https://landreport.com/2020/02/beneath-the-blue-ridge/eldon02/ Mon, 10 Feb 2020 18:53:29 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/02/Eldon02.jpg 16790 16794 0 0 https://landreport.com/2020/02/beneath-the-blue-ridge/eldon03/ Mon, 10 Feb 2020 18:53:30 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/02/Eldon03.jpg 16791 16794 0 0 https://landreport.com/2020/02/beneath-the-blue-ridge/eldon04/ Mon, 10 Feb 2020 18:53:31 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/02/Eldon04.jpg 16792 16794 0 0 https://landreport.com/2020/02/beneath-the-blue-ridge/eldon05/ Mon, 10 Feb 2020 18:53:31 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/02/Eldon05.jpg 16793 16794 0 0 https://landreport.com/2020/02/wotus-redefined-by-epa-and-army/wotus_fi-3/ Mon, 24 Feb 2020 21:50:35 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/02/wotus_fi.jpg 16834 16833 0 0 https://landreport.com/2020/02/wotus-redefined-by-epa-and-army/wotus_lg-3-2/ Mon, 24 Feb 2020 21:50:37 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/02/wotus_lg.jpg 16835 16833 0 0 https://landreport.com/2020/02/a-gem-of-a-ranch/diamondtail01_fi/ Wed, 26 Feb 2020 19:36:14 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/02/diamondtail01_fi.jpg 16839 16838 0 0 https://landreport.com/2020/02/a-gem-of-a-ranch/diamondtail01_lg-2/ Wed, 26 Feb 2020 19:36:21 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/02/diamondtail01_lg.jpg 16840 16838 0 0 https://landreport.com/2020/02/a-gem-of-a-ranch/diamondtail02_lg-2/ Wed, 26 Feb 2020 19:36:24 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/02/diamondtail02_lg.jpg 16841 16838 0 0 https://landreport.com/2020/02/a-gem-of-a-ranch/diamondtail03_lg-2/ Wed, 26 Feb 2020 19:36:25 +0000 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https://landreport.com/2020/03/state-of-florida-to-acquire-orange-hammock-ranch/orangehammockranch_lg/ Mon, 02 Mar 2020 21:02:40 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/03/OrangeHammockRanch_lg.jpg 16849 16847 0 0 https://landreport.com/2020/03/lanai-vs-molokai/backgate01_fi/ Thu, 05 Mar 2020 16:26:08 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/03/Backgate01_fi.jpg 16856 16855 0 0 https://landreport.com/2020/03/lanai-vs-molokai/backgate01_lg-2/ Thu, 05 Mar 2020 16:26:09 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/03/Backgate01_lg.jpg 16857 16855 0 0 https://landreport.com/2020/03/lanai-vs-molokai/backgate02_lg-2/ Thu, 05 Mar 2020 16:26:10 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/03/Backgate02_lg.jpg 16858 16855 0 0 https://landreport.com/2020/03/cunningham-sheep-co-joins-land-report-100-at-no-73/blankets_fi/ Mon, 09 Mar 2020 17:54:37 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/03/blankets_fi.jpg 16860 16859 0 0 https://landreport.com/2020/03/cunningham-sheep-co-joins-land-report-100-at-no-73/blankets_lg-2/ Mon, 09 Mar 2020 17:54:39 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/03/blankets_lg.jpg 16861 16859 0 0 https://landreport.com/2020/03/the-land-report-top-ten-winter-2019/brewsterranch_fi/ Wed, 11 Mar 2020 19:35:39 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/03/BrewsterRanch_fi.jpg 16863 16862 0 0 https://landreport.com/2020/03/the-land-report-top-ten-winter-2019/brewsterranch_lg-2/ Wed, 11 Mar 2020 19:35:40 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/03/BrewsterRanch_lg.jpg 16864 16862 0 0 https://landreport.com/2020/03/land-report-100er-brad-kelley-lists-420000-acres-in-trans-pecos-with-king-land-water/brewsterranchesjan_fi/ Thu, 19 Mar 2020 19:19:36 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/03/BrewsterRanchesJan_fi.jpg 16871 16870 0 0 https://landreport.com/2020/03/land-report-100er-brad-kelley-lists-420000-acres-in-trans-pecos-with-king-land-water/brewsterranchesjan_lg-2/ Thu, 19 Mar 2020 19:19:37 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/03/BrewsterRanchesJan_lg.jpg 16872 16870 0 0 https://landreport.com/2020/03/john-malone-2019-land-report-100-sponsored-by-hayden-outdoors-real-estate/bellranch_fi/ Mon, 23 Mar 2020 17:37:50 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/03/BellRanch_fi.jpg 16875 16874 0 0 https://landreport.com/2020/03/john-malone-2019-land-report-100-sponsored-by-hayden-outdoors-real-estate/bellranch_lg/ Mon, 23 Mar 2020 17:37:52 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/03/BellRanch_lg.jpg 16876 16874 0 0 https://landreport.com/2020/03/emmerson-family-2019-land-report-100/2019lr02_fi/ Wed, 25 Mar 2020 17:17:46 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/03/2019LR02_fi.jpg 16878 16877 0 0 https://landreport.com/2020/03/emmerson-family-2019-land-report-100/2019lr02_lg-2/ Wed, 25 Mar 2020 17:17:48 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/03/2019LR02_lg.jpg 16879 16877 0 0 https://landreport.com/2020/03/r-i-p-boone-pickens/boone_fi/ Thu, 26 Mar 2020 16:59:58 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/03/Boone_fi.jpg 16881 16880 0 0 https://landreport.com/2020/04/2020-land-report-texas-issue/2020-land-report-texas-issue-2/ Fri, 03 Apr 2020 20:04:27 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/04/2020-Land-Report-Texas-Issue.png 16899 16898 0 0 https://landreport.com/2020/04/ted-turner-2019-land-report-100-sponsored-by-hayden-outdoors-real-estate/2019turner_fi/ Fri, 03 Apr 2020 20:32:04 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/04/2019Turner_fi.jpg 16902 16901 0 0 https://landreport.com/2020/04/ted-turner-2019-land-report-100-sponsored-by-hayden-outdoors-real-estate/2019turner_lg-2/ Fri, 03 Apr 2020 20:32:05 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/04/2019Turner_lg.jpg 16903 16901 0 0 https://landreport.com/2020/04/corn-farmers-brace-for-drop-in-demand/corndemand_fi/ Wed, 08 Apr 2020 18:00:44 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/04/CornDemand_fi.jpg 16906 16905 0 0 https://landreport.com/2020/04/corn-farmers-brace-for-drop-in-demand/corndemand_lg/ Wed, 08 Apr 2020 18:00:45 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/04/CornDemand_lg.jpg 16907 16905 0 0 https://landreport.com/2020/04/usda-announces-agriculture-innovation-agenda/agin_fi/ Mon, 13 Apr 2020 19:31:22 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/04/AgIn_fi.jpg 16912 16911 0 0 https://landreport.com/2020/04/usda-announces-agriculture-innovation-agenda/agin_lg-2/ Mon, 13 Apr 2020 19:31:23 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/04/AgIn_lg.jpg 16913 16911 0 0 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http://thelandreport.c51dev.com/wp-content/uploads/2020/04/Cullen_fi.jpg 16947 16946 0 0 https://landreport.com/2020/04/cullen-heirs-join-land-report-100/cullen_lg-2/ Thu, 30 Apr 2020 20:24:24 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/04/Cullen_lg.jpg 16948 16946 0 0 https://landreport.com/2020/05/cares-act-directs-49-billion-to-agricultural-producers/covidag_fi/ Fri, 01 May 2020 17:32:55 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/covidag_fi.jpg 16951 16950 0 0 https://landreport.com/2020/05/cares-act-directs-49-billion-to-agricultural-producers/covidag_lg-2/ Fri, 01 May 2020 17:32:56 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/covidag_lg.jpg 16952 16950 0 0 https://landreport.com/2020/05/highland-hideout/marfa01_fi/ Mon, 04 May 2020 21:55:45 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/Marfa01_fi.jpg 16954 16953 0 0 https://landreport.com/2020/05/highland-hideout/marfa01_lg-2/ Mon, 04 May 2020 21:55:46 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/Marfa01_lg.jpg 16955 16953 0 0 https://landreport.com/2020/05/highland-hideout/marfa02-2/ Mon, 04 May 2020 21:55:46 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/Marfa02.jpg 16956 16953 0 0 https://landreport.com/2020/05/highland-hideout/marfa03-2/ Mon, 04 May 2020 21:55:47 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/Marfa03.jpg 16957 16953 0 0 https://landreport.com/2020/05/covid-19-losses-forecast-at-10-billion-for-ethanol-industry/sorghum_fi/ Tue, 05 May 2020 20:53:12 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/sorghum_fi.jpg 16959 16958 0 0 https://landreport.com/2020/05/covid-19-losses-forecast-at-10-billion-for-ethanol-industry/sorghum_lg/ Tue, 05 May 2020 20:53:13 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/sorghum_lg.jpg 16960 16958 0 0 https://landreport.com/2020/05/land-to-table-raw-pecans/pecanpie_fi/ Fri, 08 May 2020 20:16:35 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/PecanPie_fi.jpg 16970 16969 0 0 https://landreport.com/2020/05/land-to-table-raw-pecans/pecanpie_lg/ Fri, 08 May 2020 20:16:37 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/PecanPie_lg.jpg 16971 16969 0 0 https://landreport.com/2020/05/between-two-rivers/btwn2rivers01_fi/ Mon, 11 May 2020 16:32:01 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/Btwn2Rivers01_fi.jpg 16974 16973 0 0 https://landreport.com/2020/05/between-two-rivers/btwn2rivers01_lg-2/ Mon, 11 May 2020 16:32:02 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/Btwn2Rivers01_lg.jpg 16975 16973 0 0 https://landreport.com/2020/05/between-two-rivers/btwn2rivers02_lg-2/ Mon, 11 May 2020 16:32:04 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/Btwn2Rivers02_lg.jpg 16976 16973 0 0 https://landreport.com/2020/05/between-two-rivers/btwn2rivers03_lg-2/ Mon, 11 May 2020 16:32:05 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/Btwn2Rivers03_lg.jpg 16977 16973 0 0 https://landreport.com/2020/05/nebraska-farmland-rises-3-percent/ne_fi/ Tue, 12 May 2020 18:44:39 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/NE_fi.jpg 16979 16978 0 0 https://landreport.com/2020/05/nebraska-farmland-rises-3-percent/ne_lg/ Tue, 12 May 2020 18:44:41 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/NE_lg.jpg 16980 16978 0 0 https://landreport.com/2020/03/land-report-top-ten-texas/east-texas-timber-fi/ Mon, 18 May 2020 21:29:21 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/East-Texas-Timber-FI.jpg 16985 16984 0 0 https://landreport.com/2020/03/land-report-top-ten-texas/east-texas-timber-lg-2/ Mon, 18 May 2020 21:29:21 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/East-Texas-Timber-lg.jpg 16986 16984 0 0 https://landreport.com/2020/05/illinois-farmland-holds-steady/cornharvest_fi-2/ Tue, 19 May 2020 21:11:42 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/CornHarvest_fi.jpg 16989 16988 0 0 https://landreport.com/2020/05/illinois-farmland-holds-steady/cornharvest_lg-2-2/ Tue, 19 May 2020 21:11:43 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/CornHarvest_lg.jpg 16990 16988 0 0 https://landreport.com/2020/05/gear-guide-bush-whacker/bushwhacker_fi/ Wed, 20 May 2020 16:45:27 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/BushWhacker_fi.jpg 16992 16991 0 0 https://landreport.com/2020/05/gear-guide-bush-whacker/bushwhacker_lg-2/ Wed, 20 May 2020 16:45:29 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/BushWhacker_lg.jpg 16993 16991 0 0 https://landreport.com/2020/05/sold-1675-acre-citrus-grove/citrusgrove_fi/ Fri, 22 May 2020 16:41:25 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/CitrusGrove_fi.jpg 16996 16995 0 0 https://landreport.com/2020/05/sold-1675-acre-citrus-grove/citrusgrove_lg-2/ Fri, 22 May 2020 16:41:26 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/CitrusGrove_lg.jpg 16997 16995 0 0 https://landreport.com/2020/05/hunting-for-a-cure/cure01_fi/ Fri, 29 May 2020 17:04:15 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/Cure01_fi.jpg 17006 17005 0 0 https://landreport.com/2020/05/hunting-for-a-cure/cure01_lg-2/ Fri, 29 May 2020 17:04:16 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/Cure01_lg.jpg 17007 17005 0 0 https://landreport.com/2020/05/hunting-for-a-cure/cure02_lg-2/ Fri, 29 May 2020 17:04:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/Cure02_lg.jpg 17008 17005 0 0 https://landreport.com/2020/05/hunting-for-a-cure/cure03_lg-2/ Fri, 29 May 2020 17:04:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/Cure03_lg.jpg 17009 17005 0 0 https://landreport.com/2020/05/hunting-for-a-cure/cure04_lg-2/ Fri, 29 May 2020 17:04:18 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/Cure04_lg.jpg 17010 17005 0 0 https://landreport.com/2020/05/hunting-for-a-cure/cure05_lg-2/ Fri, 29 May 2020 17:04:18 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/Cure05_lg.jpg 17011 17005 0 0 https://landreport.com/2020/05/hunting-for-a-cure/cure06_lg-2/ Fri, 29 May 2020 17:04:18 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/Cure06_lg.jpg 17012 17005 0 0 https://landreport.com/2020/05/hunting-for-a-cure/cure07_lg-2/ Fri, 29 May 2020 17:04:19 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/Cure07_lg.jpg 17013 17005 0 0 https://landreport.com/2020/05/hunting-for-a-cure/cure08_lg-2/ Fri, 29 May 2020 17:04:19 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/Cure08_lg.jpg 17014 17005 0 0 https://landreport.com/2020-05-newsletter/ Fri, 29 May 2020 21:09:34 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/05/2020.05-Newsletter.pdf 17017 0 0 0 https://landreport.com/2020/06/usda-guarantees-1-billion/onions_fi/ Mon, 01 Jun 2020 19:42:45 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/06/Onions_fi.jpg 17019 17018 0 0 https://landreport.com/2020/06/usda-guarantees-1-billion/onions_lg-2/ Mon, 01 Jun 2020 19:42:46 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/06/Onions_lg.jpg 17020 17018 0 0 https://landreport.com/2020/06/loss-of-digester-at-androscoggin-mill/millexplosiion_fi/ Wed, 10 Jun 2020 17:11:45 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/06/MillExplosiion_FI.jpg 17040 17039 0 0 https://landreport.com/2020/06/loss-of-digester-at-androscoggin-mill/millexplosiion_lg-2/ Wed, 10 Jun 2020 17:11:46 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/06/MillExplosiion_lg.jpg 17041 17039 0 0 https://landreport.com/2020/06/the-land-report-spring-2020/landreport-spring2020-cover/ Fri, 12 Jun 2020 16:19:27 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/06/LandReport-spring2020-cover.jpg 17045 17043 0 0 https://landreport.com/2020/06/hhh-ranch-acquisition/red_cockaded_woodpecker_fi/ Tue, 16 Jun 2020 17:35:29 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/06/red_cockaded_woodpecker_fi.jpg 17048 17047 0 0 https://landreport.com/2020/06/hhh-ranch-acquisition/red_cockaded_woodpecker_lg/ Tue, 16 Jun 2020 17:35:30 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/06/red_cockaded_woodpecker_lg.jpg 17049 17047 0 0 https://landreport.com/2020/06/gear-guide-trail-blazer/trailblazer_fi/ Thu, 25 Jun 2020 17:28:57 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/06/TrailBlazer_fi.jpg 17061 17060 0 0 https://landreport.com/2020/06/gear-guide-trail-blazer/trailblazer_lg-2/ Thu, 25 Jun 2020 17:28:58 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/06/TrailBlazer_lg.jpg 17062 17060 0 0 https://landreport.com/2020/07/2019-conservation-deal-of-the-year-2/lasvaras_fi/ Tue, 21 Jul 2020 16:42:56 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/07/LasVaras_fi.jpg 17109 17108 0 0 https://landreport.com/2020/07/2019-conservation-deal-of-the-year-2/lasvaras_lg-2/ Tue, 21 Jul 2020 16:42:59 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/07/LasVaras_lg.jpg 17110 17108 0 0 https://landreport.com/2020/07/move-to-montana/movetomontana_fi/ Thu, 23 Jul 2020 18:48:59 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/07/MoveToMontana_fi.jpg 17125 17124 0 0 https://landreport.com/2020/07/move-to-montana/movetomontana_lg-2/ Thu, 23 Jul 2020 18:49:00 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/07/MoveToMontana_lg.jpg 17126 17124 0 0 https://landreport.com/2020/08/cumberland-plateau-nfwf-announced-1-3-million-in-grants/prairiewarbler_fi/ Mon, 03 Aug 2020 18:55:39 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/PrairieWarbler_FI.jpg 17146 17145 0 0 https://landreport.com/2020/08/cumberland-plateau-nfwf-announced-1-3-million-in-grants/prairiewarbler_lg-2/ Mon, 03 Aug 2020 18:55:39 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/PrairieWarbler_lg.jpg 17147 17145 0 0 https://landreport.com/2020/08/2019-sporting-property-deal-of-the-year/labandera01_fi/ Tue, 04 Aug 2020 17:51:12 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/labandera01_fi.jpg 17149 17148 0 0 https://landreport.com/2020/08/2019-sporting-property-deal-of-the-year/labandera01_lg-2/ Tue, 04 Aug 2020 17:51:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/labandera01_lg.jpg 17150 17148 0 0 https://landreport.com/2020/08/2019-sporting-property-deal-of-the-year/labandera02-2/ Tue, 04 Aug 2020 17:51:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/labandera02.jpg 17151 17148 0 0 https://landreport.com/2020/08/2019-sporting-property-deal-of-the-year/labandera03-2/ Tue, 04 Aug 2020 17:51:18 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/labandera03.jpg 17152 17148 0 0 https://landreport.com/2020/08/bayer-launches-carbon-initiative/2020-0181_lg-2/ Wed, 12 Aug 2020 18:26:53 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/2020-0181_lg.jpg 17161 17160 0 0 https://landreport.com/2020/08/bayer-launches-carbon-initiative/carbon_fi/ Wed, 12 Aug 2020 18:26:54 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/Carbon_fi.jpg 17162 17160 0 0 https://landreport.com/2020/08/2019-ranchland-deal-of-the-year/bixbyranch01_fi/ Fri, 14 Aug 2020 17:29:53 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/BixbyRanch01_fi.jpg 17164 17163 0 0 https://landreport.com/2020/08/2019-ranchland-deal-of-the-year/bixbyranch01_lg-2/ Fri, 14 Aug 2020 17:29:54 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/BixbyRanch01_lg.jpg 17165 17163 0 0 https://landreport.com/2020/08/2019-ranchland-deal-of-the-year/wy-gov-joseph-m-carey/ Fri, 14 Aug 2020 17:29:55 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/WY-Gov-Joseph-M-Carey.jpg 17166 17163 0 0 https://landreport.com/2020/08/congress-passes-great-american-outdoors-act/greatamericanoutdoorsact_fi/ Tue, 18 Aug 2020 22:25:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/GreatAmericanOutdoorsAct_fi.jpg 17170 17169 0 0 https://landreport.com/2020/08/congress-passes-great-american-outdoors-act/greatamericanoutdoorsact_lg-2/ Tue, 18 Aug 2020 22:25:18 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/GreatAmericanOutdoorsAct_lg.jpg 17171 17169 0 0 https://landreport.com/2020/08/yellowstone-grizzly/mountainoutlaw01_fi/ Mon, 24 Aug 2020 17:46:16 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/MountainOutlaw01_fi.jpg 17178 17177 0 0 https://landreport.com/2020/08/yellowstone-grizzly/mountainoutlaw01_lg-2/ Mon, 24 Aug 2020 17:46:18 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/MountainOutlaw01_lg.jpg 17179 17177 0 0 https://landreport.com/2020/08/yellowstone-grizzly/mountainoutlaw02_lg-2/ Mon, 24 Aug 2020 17:46:20 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/MountainOutlaw02_lg.jpg 17180 17177 0 0 https://landreport.com/2020/08/yellowstone-grizzly/mountainoutlaw03-2/ Mon, 24 Aug 2020 17:46:21 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/MountainOutlaw03.jpg 17181 17177 0 0 https://landreport.com/2020/08/the-conservation-fund-acquires-chadbourne-tree-farms/chadbourneme_fi/ Tue, 25 Aug 2020 20:09:26 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/ChadbourneME_fi.jpg 17184 17183 0 0 https://landreport.com/2020/08/the-conservation-fund-acquires-chadbourne-tree-farms/chadbourneme_lg-2/ Tue, 25 Aug 2020 20:09:33 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/ChadbourneME_lg.jpg 17185 17183 0 0 https://landreport.com/2020/08/2019-conservation-deal-of-the-year/lasvaras01_fi/ Wed, 26 Aug 2020 16:51:13 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/LasVaras01_fi.jpg 17187 17186 0 0 https://landreport.com/2020/08/2019-conservation-deal-of-the-year/lasvaras01_lg-2/ Wed, 26 Aug 2020 16:51:14 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/LasVaras01_lg.jpg 17188 17186 0 0 https://landreport.com/2020/08/2019-conservation-deal-of-the-year/lasvaras02_lg-2/ Wed, 26 Aug 2020 16:51:15 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/LasVaras02_lg.jpg 17189 17186 0 0 https://landreport.com/2020/08/the-land-report-summer-2020/landreport-summer2020-cover/ Fri, 28 Aug 2020 17:54:05 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/08/LandReport-summer2020-cover.jpg 17193 17190 0 0 https://landreport.com/2020/09/burger-king-wins-dismissal-of-vegan-lawsuit/impossiblewhopper_fi/ Thu, 03 Sep 2020 03:12:45 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/ImpossibleWhopper_fi.jpg 17198 17197 0 0 https://landreport.com/2020/09/burger-king-wins-dismissal-of-vegan-lawsuit/impossiblewhopper_lg-2/ Thu, 03 Sep 2020 03:12:46 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/ImpossibleWhopper_lg.jpg 17199 17197 0 0 https://landreport.com/2020/09/2019-farmland-deal-of-the-year/coleranch01_fi/ Thu, 03 Sep 2020 19:51:18 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/ColeRanch01_fi.jpg 17201 17200 0 0 https://landreport.com/2020/09/2019-farmland-deal-of-the-year/coleranch01_lg-2/ Thu, 03 Sep 2020 19:51:19 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/ColeRanch01_lg.jpg 17202 17200 0 0 https://landreport.com/2020/09/conservation-fund-highlights-achievements/conservationfund_fi/ Tue, 08 Sep 2020 16:34:40 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/ConservationFund_fi.jpg 17205 17204 0 0 https://landreport.com/2020/09/conservation-fund-highlights-achievements/conservationfund_lg-2/ Tue, 08 Sep 2020 16:34:43 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/ConservationFund_lg.jpg 17206 17204 0 0 https://landreport.com/2020/09/land-report-2019-timberland-deal-of-the-year-montana-timberlands/yellowstonesnowmobile_fi/ Thu, 10 Sep 2020 17:07:15 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/YellowstoneSnowmobile_fi.jpg 17209 17208 0 0 https://landreport.com/2020/09/land-report-2019-timberland-deal-of-the-year-montana-timberlands/yellowstonesnowmobile_lg-2/ Thu, 10 Sep 2020 17:07:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/YellowstoneSnowmobile_lg.jpg 17210 17208 0 0 https://landreport.com/2020/09/on-the-block-historic-1115-acre-woodside-farms-in-virginia/woodside_lg-2/ Mon, 14 Sep 2020 17:18:52 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/Woodside_lg.jpg 17215 17214 0 0 https://landreport.com/2020/09/on-the-block-historic-1115-acre-woodside-farms-in-virginia/woodside_fi/ Mon, 14 Sep 2020 17:20:01 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/Woodside_FI.jpg 17216 17214 0 0 https://landreport.com/2020/09/conservation-fund-acquires-sweetwater-lake/sweetwaterlake_fi/ Fri, 18 Sep 2020 18:38:23 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/SweetwaterLake_fi.jpg 17221 17220 0 0 https://landreport.com/2020/09/conservation-fund-acquires-sweetwater-lake/sweetwaterlake_lg-2/ Fri, 18 Sep 2020 18:38:23 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/SweetwaterLake_lg.jpg 17222 17220 0 0 https://landreport.com/2020/09/whitney-park-listed-for-180-million/whitneypark_fi/ Mon, 21 Sep 2020 19:53:57 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/WhitneyPark_fi.jpg 17227 17226 0 0 https://landreport.com/2020/09/whitney-park-listed-for-180-million/whitneypark_lg-2/ Mon, 21 Sep 2020 19:53:58 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/WhitneyPark_lg.jpg 17228 17226 0 0 https://landreport.com/2020/09/fish-wildlife-service-proposes-rule/usfwshabitat_fi/ Thu, 24 Sep 2020 13:33:33 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/USFWShabitat_fi.jpg 17231 17230 0 0 https://landreport.com/2020/09/fish-wildlife-service-proposes-rule/usfwshabitat_lg-2/ Thu, 24 Sep 2020 13:33:35 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/USFWShabitat_lg.jpg 17232 17230 0 0 https://landreport.com/2020/09/chipotle-invests/chipotle_fi/ Mon, 28 Sep 2020 17:43:27 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/chipotle_fi.jpg 17235 17234 0 0 https://landreport.com/2020/09/chipotle-invests/chipotle_lg-2/ Mon, 28 Sep 2020 17:43:29 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/09/chipotle_lg.jpg 17236 17234 0 0 https://landreport.com/2020/10/finance-committee-slams-bogus-appraisals/taxscams_fi/ Fri, 02 Oct 2020 19:20:15 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/10/taxscams_fi.jpg 17244 17243 0 0 https://landreport.com/2020/10/finance-committee-slams-bogus-appraisals/taxscams_lg-2/ Fri, 02 Oct 2020 19:20:16 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/10/taxscams_lg.jpg 17245 17243 0 0 https://landreport.com/2020/10/eldon-stock-farm-at-55-million/eldonfarms_fi/ Tue, 06 Oct 2020 15:28:19 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/10/EldonFarms_fi.jpg 17258 17257 0 0 https://landreport.com/2020/10/eldon-stock-farm-at-55-million/eldonfarms_lg-2/ Tue, 06 Oct 2020 15:28:21 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/10/EldonFarms_lg.jpg 17259 17257 0 0 https://landreport.com/2020/10/sold-chadbourne/chadbourne01_fi/ Wed, 07 Oct 2020 17:00:53 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/10/Chadbourne01_fi.jpg 17261 17260 0 0 https://landreport.com/2020/10/sold-chadbourne/chadbourne01_lg-2/ Wed, 07 Oct 2020 17:00:55 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/10/Chadbourne01_lg.jpg 17262 17260 0 0 https://landreport.com/2020/10/sold-chadbourne/chadbourne03-2/ Wed, 07 Oct 2020 17:00:55 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/10/Chadbourne03.jpg 17263 17260 0 0 https://landreport.com/2020/10/sold-chadbourne/chadbourne04_lg-2/ Wed, 07 Oct 2020 17:00:56 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/10/Chadbourne04_lg.jpg 17264 17260 0 0 https://landreport.com/2020/10/trillion-dollar-bet/hudsonbaybros_fi/ Mon, 12 Oct 2020 18:52:48 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2020/10/HudsonBayBros_fi.jpg 17268 17267 0 0 https://landreport.com/2020/10/trillion-dollar-bet/hudsonbaybros_lg-2/ Mon, 12 Oct 2020 18:52:49 +0000 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https://landreport.com/2022/08/passage-island/lr_passageisland_07/ Tue, 23 Aug 2022 19:16:59 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PassageIsland_07.jpg 56911 56879 0 0 https://landreport.com/2022/08/passage-island/default-22/ Tue, 23 Aug 2022 19:17:10 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PassageIsland_08.jpg 56912 56879 0 0 https://landreport.com/2022/08/passage-island/default-23/ Tue, 23 Aug 2022 19:17:22 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PassageIsland_09.jpg 56913 56879 0 0 https://landreport.com/2022/08/passage-island/default-24/ Tue, 23 Aug 2022 19:17:33 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PassageIsland_10.jpg 56914 56879 0 0 https://landreport.com/2022/08/passage-island/fayranches_logo_150x150/ Tue, 23 Aug 2022 19:20:47 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/FayRanches_Logo_150x150.png 56916 56879 0 0 https://landreport.com/2022/08/pass-creek-ranch/lr_passcreekranch_01/ Tue, 23 Aug 2022 21:19:04 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PassCreekRanch_01.jpg 56924 56922 0 0 https://landreport.com/2022/08/pass-creek-ranch/lr_passcreekranch_05/ Tue, 23 Aug 2022 21:19:49 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PassCreekRanch_05.jpg 56925 56922 0 0 https://landreport.com/2022/08/pass-creek-ranch/lr_passcreekranch_02/ Tue, 23 Aug 2022 21:20:08 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PassCreekRanch_02.jpg 56926 56922 0 0 https://landreport.com/2022/08/pass-creek-ranch/lr_passcreekranch_03/ Tue, 23 Aug 2022 21:20:27 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PassCreekRanch_03.jpg 56927 56922 0 0 https://landreport.com/2022/08/pass-creek-ranch/lr_passcreekranch_04/ Tue, 23 Aug 2022 21:20:49 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PassCreekRanch_04.jpg 56928 56922 0 0 https://landreport.com/2022/08/pass-creek-ranch/lr_passcreekranch_06/ Tue, 23 Aug 2022 21:21:09 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PassCreekRanch_06.jpg 56929 56922 0 0 https://landreport.com/2022/08/pass-creek-ranch/lr_passcreekranch_07/ Tue, 23 Aug 2022 21:21:29 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PassCreekRanch_07.jpg 56930 56922 0 0 https://landreport.com/2022/08/pass-creek-ranch/lr_passcreekranch_08/ Tue, 23 Aug 2022 21:21:44 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PassCreekRanch_08.jpg 56931 56922 0 0 https://landreport.com/2022/08/pass-creek-ranch/lr_passcreekranch_10/ Tue, 23 Aug 2022 21:21:55 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PassCreekRanch_10.jpg 56932 56922 0 0 https://landreport.com/2022/08/pass-creek-ranch/lr_passcreekranch_09/ Tue, 23 Aug 2022 21:22:05 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PassCreekRanch_09.jpg 56933 56922 0 0 https://landreport.com/2022/08/pass-creek-ranch/mirrranchgrouplogo_150x150/ Tue, 23 Aug 2022 21:28:31 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/MirrRanchGroupLogo_150x150.png 56935 56922 0 0 https://landreport.com/2022/08/yellowstone-river-ranch-2/lr_yellowstoneriverranch_01/ Tue, 23 Aug 2022 22:01:32 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_YellowstoneRiverRanch_01.jpg 56945 56943 0 0 https://landreport.com/2022/08/yellowstone-river-ranch-2/lr_yellowstoneriverranch_02/ Tue, 23 Aug 2022 22:05:38 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_YellowstoneRiverRanch_02.jpg 56947 56943 0 0 https://landreport.com/2022/08/yellowstone-river-ranch-2/lr_yellowstoneriverranch_03/ Tue, 23 Aug 2022 22:05:49 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_YellowstoneRiverRanch_03.jpg 56948 56943 0 0 https://landreport.com/2022/08/yellowstone-river-ranch-2/lr_yellowstoneriverranch_04/ Tue, 23 Aug 2022 22:06:01 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_YellowstoneRiverRanch_04.jpg 56949 56943 0 0 https://landreport.com/2022/08/yellowstone-river-ranch-2/lr_yellowstoneriverranch_05/ Tue, 23 Aug 2022 22:06:11 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_YellowstoneRiverRanch_05.jpg 56950 56943 0 0 https://landreport.com/2022/08/yellowstone-river-ranch-2/lr_yellowstoneriverranch_06/ Tue, 23 Aug 2022 22:06:35 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_YellowstoneRiverRanch_06.jpg 56951 56943 0 0 https://landreport.com/2022/08/yellowstone-river-ranch-2/lr_yellowstoneriverranch_07/ Tue, 23 Aug 2022 22:06:47 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_YellowstoneRiverRanch_07.jpg 56952 56943 0 0 https://landreport.com/2022/08/yellowstone-river-ranch-2/lr_yellowstoneriverranch_08/ Tue, 23 Aug 2022 22:06:57 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_YellowstoneRiverRanch_08.jpg 56953 56943 0 0 https://landreport.com/2022/08/yellowstone-river-ranch-2/lr_yellowstoneriverranch_09/ Tue, 23 Aug 2022 22:07:13 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_YellowstoneRiverRanch_09.jpg 56954 56943 0 0 https://landreport.com/2022/08/yellowstone-river-ranch-2/trout-release/ Tue, 23 Aug 2022 22:07:23 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_YellowstoneRiverRanch_10.jpg 56955 56943 0 0 https://landreport.com/2022/08/yellowstone-river-ranch-2/raichmontantaproperties_logo_150x150/ Tue, 23 Aug 2022 22:15:49 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/RaichMontantaProperties_logo_150x150.png 56957 56943 0 0 https://landreport.com/2022/08/bently-ranch/lr_bently-ranch-images-12/ Wed, 24 Aug 2022 01:52:28 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_Bently-Ranch-Images-12.jpg 56963 56962 0 0 https://landreport.com/2022/08/bently-ranch/lr_bently-ranch-images-57/ Wed, 24 Aug 2022 01:52:29 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_Bently-Ranch-Images-57.jpg 56964 56962 0 0 https://landreport.com/2022/08/bently-ranch/lr_bently-ranch-images-77/ Wed, 24 Aug 2022 01:52:30 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_Bently-Ranch-Images-77.jpg 56965 56962 0 0 https://landreport.com/2022/08/bently-ranch/lr_bently-ranch-images-90/ Wed, 24 Aug 2022 01:52:31 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_Bently-Ranch-Images-90.jpg 56966 56962 0 0 https://landreport.com/2022/08/bently-ranch/lr_bently-ranch-images-94/ Wed, 24 Aug 2022 01:52:32 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_Bently-Ranch-Images-94.jpg 56967 56962 0 0 https://landreport.com/2022/08/bently-ranch/lr_bently-ranch-images-96/ Wed, 24 Aug 2022 01:52:33 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_Bently-Ranch-Images-96.jpg 56968 56962 0 0 https://landreport.com/2022/08/bently-ranch/lr_bently-ranch-images-109/ Wed, 24 Aug 2022 01:52:35 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_Bently-Ranch-Images-109.jpg 56969 56962 0 0 https://landreport.com/2022/08/bently-ranch/lr_bently-ranch-images-144/ Wed, 24 Aug 2022 01:52:36 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_Bently-Ranch-Images-144.jpg 56970 56962 0 0 https://landreport.com/2022/08/bently-ranch/lr_bently-ranch-images-114/ Wed, 24 Aug 2022 01:52:37 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_Bently-Ranch-Images-114.jpg 56971 56962 0 0 https://landreport.com/2022/08/bently-ranch/lr_bently-ranch7/ Wed, 24 Aug 2022 01:52:38 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_Bently-Ranch7.jpg 56972 56962 0 0 https://landreport.com/2022/08/bull-springs-skyline-forest/lr_bullsprings_07/ Wed, 24 Aug 2022 02:21:44 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_BullSprings_07.jpg 56978 56977 0 0 https://landreport.com/2022/08/bull-springs-skyline-forest/lr_bullsprings_06/ Wed, 24 Aug 2022 02:23:22 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_BullSprings_06.jpg 56979 56977 0 0 https://landreport.com/2022/08/bull-springs-skyline-forest/lr_bullsprings_05/ Wed, 24 Aug 2022 02:23:35 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_BullSprings_05.jpg 56980 56977 0 0 https://landreport.com/2022/08/bull-springs-skyline-forest/lr_bullsprings_04/ Wed, 24 Aug 2022 02:24:07 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_BullSprings_04.jpg 56981 56977 0 0 https://landreport.com/2022/08/bull-springs-skyline-forest/lr_bullsprings_02/ Wed, 24 Aug 2022 02:24:56 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_BullSprings_02.jpg 56982 56977 0 0 https://landreport.com/2022/08/bull-springs-skyline-forest/lr_bullsprings_01/ Wed, 24 Aug 2022 02:25:13 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_BullSprings_01.jpg 56983 56977 0 0 https://landreport.com/2022/08/bull-springs-skyline-forest/masonandmorseranchcompany_logo_150x150/ Wed, 24 Aug 2022 02:32:01 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/masonandmorseranchcompany_logo_150x150.png 56986 56977 0 0 https://landreport.com/2022/08/bull-springs-skyline-forest/masonandmorseranchcompany_logo_150x150-2/ Wed, 24 Aug 2022 02:33:27 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/masonandmorseranchcompany_logo_150x150-1.png 56987 56977 0 0 https://landreport.com/2022/08/pierce-brook-forest/lr_piercebrookforest_01/ Wed, 24 Aug 2022 15:52:19 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PierceBrookForest_01.jpg 57009 57008 0 0 https://landreport.com/2022/08/pierce-brook-forest/lr_piercebrookforest_02/ Wed, 24 Aug 2022 15:53:05 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PierceBrookForest_02.jpg 57010 57008 0 0 https://landreport.com/2022/08/pierce-brook-forest/lr_piercebrookforest_03/ Wed, 24 Aug 2022 15:53:17 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PierceBrookForest_03.jpg 57011 57008 0 0 https://landreport.com/2022/08/pierce-brook-forest/lr_piercebrookforest_04/ Wed, 24 Aug 2022 15:53:30 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PierceBrookForest_04.jpg 57012 57008 0 0 https://landreport.com/2022/08/pierce-brook-forest/lr_piercebrookforest_05/ Wed, 24 Aug 2022 15:53:42 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PierceBrookForest_05.jpg 57013 57008 0 0 https://landreport.com/2022/08/pierce-brook-forest/lr_piercebrookforest_06/ Wed, 24 Aug 2022 15:53:52 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PierceBrookForest_06.jpg 57014 57008 0 0 https://landreport.com/2022/08/pierce-brook-forest/lr_piercebrookforest_07/ Wed, 24 Aug 2022 15:54:21 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PierceBrookForest_07.jpg 57015 57008 0 0 https://landreport.com/2022/08/pierce-brook-forest/lr_piercebrookforest_08/ Wed, 24 Aug 2022 15:54:34 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PierceBrookForest_08.jpg 57016 57008 0 0 https://landreport.com/2022/08/pierce-brook-forest/lr_piercebrookforest_09/ Wed, 24 Aug 2022 15:54:49 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PierceBrookForest_09.jpg 57017 57008 0 0 https://landreport.com/2022/08/pierce-brook-forest/lr_piercebrookforest_10/ Wed, 24 Aug 2022 15:55:22 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_PierceBrookForest_10.jpg 57018 57008 0 0 https://landreport.com/2022/08/pierce-brook-forest/landvest_logo_150x150/ Wed, 24 Aug 2022 15:59:37 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LandVest_Logo_150x150.png 57020 57008 0 0 https://landreport.com/lr_1-armendaris-hacienda-sunset/ Mon, 29 Aug 2022 03:14:52 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_1-Armendaris-Hacienda-Sunset.jpg 57046 0 0 0 https://landreport.com/lr_2-armendaris-bison-calf/ Mon, 29 Aug 2022 03:14:54 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_2-Armendaris-Bison-Calf.jpg Bison Calf
An array of wildlife makes its home at Armendaris Reserve.]]> 57047 0 0 0 https://landreport.com/a028_c004_0217ph/ Mon, 29 Aug 2022 03:14:55 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_3-Vermejo-Horseback.jpg VERMEJO RESERVE
Turner's 550,000 acres were once a part of the 1.7-million-acre Maxwell Land Grant.]]> 57048 0 0 0 https://landreport.com/lr_4-vermejo-casa-grande/ Mon, 29 Aug 2022 03:14:55 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_4-Vermejo-Casa-Grande.jpg 57049 0 0 0 https://landreport.com/lr_5-armendaris-bats/ Mon, 29 Aug 2022 03:14:56 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_5-Armendaris-Bats.jpg NIGHT FLIGHT
Guests at Armendaris are treated to the remarkable parade of Mexican free-tailed bats.]]> 57050 0 0 0 https://landreport.com/lr_6-rio-grande-cutthroat-trout/ Mon, 29 Aug 2022 03:14:57 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_6-Rio-Grande-Cutthroat-Trout.jpg 57051 0 0 0 https://landreport.com/lr_7-chef-giovanni-lanzante/ Mon, 29 Aug 2022 03:14:58 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_7-Chef-Giovanni-Lanzante.jpg KITCHEN MATTERS
Executive Chef Giovanni Lanzante and the culinary staff at Ted Turner Reserves source locally and sustainably.]]> 57052 0 0 0 https://landreport.com/2022/08/galloo-island/lr_gallooisland_1-gill-harbor/ Tue, 30 Aug 2022 02:41:35 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_GallooIsland_1-Gill-Harbor.jpg 57120 57113 0 0 https://landreport.com/2022/08/galloo-island/lr_gallooisland_2-main-lodge/ Tue, 30 Aug 2022 02:55:03 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_GallooIsland_2-Main-Lodge.jpg MAIN LODGE The eight-bedroom structure sleeps 20. Built in the 1800s, it was completely refurbished in the 1980s.]]> 57126 57113 0 0 https://landreport.com/2022/08/galloo-island/lr_gallooisland_4-whitetails/ Tue, 30 Aug 2022 03:43:13 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_GallooIsland_4-Whitetails.jpg NATIVE WHITETAILS One of the partners’ top priorities is to improve forage opportunities for the deer.]]> 57127 57113 0 0 https://landreport.com/2022/08/galloo-island/lr_gallooisland_5-lighthouse/ Tue, 30 Aug 2022 03:46:27 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_GallooIsland_5-Lighthouse.jpg GREAT LAKES LANDMARK Congress authorized $12,500 to fund the Galloo Island Lighthouse in 1819.]]> 57128 57113 0 0 https://landreport.com/2022/08/galloo-island/lr_gallooisland_6-shipwreck/ Tue, 30 Aug 2022 03:50:20 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_GallooIsland_6-Shipwreck.jpg SUNKEN TREASURE Hundreds of shipwrecks litter the waters of Lake Ontario, including one discovered off Galloo in June.]]> 57129 57113 0 0 https://landreport.com/2022/08/galloo-island/lr_gallooisland_7-john-foster/ Tue, 30 Aug 2022 03:58:48 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_GallooIsland_7-John-Foster.jpg HIS EXCELLENCY Secretary of State John Foster (seated right) catches a ride to Galloo from Will Stevens (standing) onboard The Duke. Foster, his son-in-law Robert Lansing, and his grandson John Foster Dulles all served as US secretaries of state. Another grandson, Allen Dulles, served as CIA director at the height of the Cold War from 1953 to 1961. All four regularly trekked to Galloo.]]> 57130 57113 0 0 https://landreport.com/2022/08/galloo-island/lr_gallooisland_8-fortnightly-club/ Tue, 30 Aug 2022 04:00:46 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_GallooIsland_8-Fortnightly-Club.jpg POWER PLAYERS The Fortnightly Club welcomed a host of VIPs including secretaries of state and a director of the CIA.]]> 57131 57113 0 0 https://landreport.com/2022/08/galloo-island/lr_gallooisland_10-shoreline/ Tue, 30 Aug 2022 04:01:44 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_GallooIsland_10-Shoreline.jpg NEW FRONTIER For the Pattens, their return to Galloo is the start of an amazing adventure]]> 57132 57113 0 0 https://landreport.com/2022/08/galloo-island/lr_gallooisland_9-kickball/ Tue, 30 Aug 2022 04:03:47 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/LR_GallooIsland_9-Kickball.jpg OLD SCHOOL Sunset kickball games have become a vigorous tradition on Galloo.]]> 57133 57113 0 0 https://landreport.com/2022/08/the-land-report-summer-2022/2022-summer-cover/ Tue, 30 Aug 2022 12:34:18 +0000 http://thelandreport.c51dev.com/wp-content/uploads/2022/08/2022-summer-cover.jpg 57191 57188 0 0 https://landreport.com/2021/01/farmer-bill/lr_billgates_2020/ Wed, 31 Aug 2022 02:13:19 +0000 https://landreport.com/wp-content/uploads/2021/01/LR_BillGates_2020.png 57304 17477 0 0 https://landreport.com/2021/01/farmer-bill/lr_2020-4cover/ Wed, 31 Aug 2022 02:26:32 +0000 https://landreport.com/wp-content/uploads/2021/01/LR_2020.4Cover.jpg 57310 17477 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_1-coastal-plain/ Wed, 31 Aug 2022 02:43:17 +0000 https://landreport.com/wp-content/uploads/2022/08/LR_KingRanchArt_1-Coastal-Plain.jpg 57319 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_2-king-ranch-main-house/ Wed, 31 Aug 2022 02:43:20 +0000 https://landreport.com/wp-content/uploads/2022/08/LR_KingRanchArt_2-King-Ranch-Main-House.jpg 57320 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_3-creek-barn-trap-grazers/ Wed, 31 Aug 2022 02:43:23 +0000 https://landreport.com/wp-content/uploads/2022/08/LR_KingRanchArt_3-Creek-Barn-Trap-Grazers.jpg 57321 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_4-gate-at-spohn-pens/ Wed, 31 Aug 2022 02:43:27 +0000 https://landreport.com/wp-content/uploads/2022/08/LR_KingRanchArt_4-Gate-at-Spohn-Pens.jpg 57322 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_5-molino-las-mujeres/ Wed, 31 Aug 2022 02:43:34 +0000 https://landreport.com/wp-content/uploads/2022/08/LR_KingRanchArt_5-Molino-Las-Mujeres.jpg 57323 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_6-road-through-the-oaks/ Wed, 31 Aug 2022 02:43:38 +0000 https://landreport.com/wp-content/uploads/2022/08/LR_KingRanchArt_6-Road-Through-the-Oaks.jpg 57324 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_7-kinenos-la-corrida/ Wed, 31 Aug 2022 02:43:41 +0000 https://landreport.com/wp-content/uploads/2022/08/LR_KingRanchArt_7-Kinenos-La-Corrida.jpg 57325 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_8-morning-clouds-over-alazan-bay/ Wed, 31 Aug 2022 02:43:44 +0000 https://landreport.com/wp-content/uploads/2022/08/LR_KingRanchArt_8-Morning-Clouds-Over-Alazan-Bay.jpg 57326 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_9-drifting-manada/ Wed, 31 Aug 2022 02:43:47 +0000 https://landreport.com/wp-content/uploads/2022/08/LR_KingRanchArt_9-Drifting-Manada.jpg 57327 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_10-norias-dunes/ Wed, 31 Aug 2022 02:43:51 +0000 https://landreport.com/wp-content/uploads/2022/08/LR_KingRanchArt_10-Norias-Dunes.jpg 57328 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_11-ladinas/ Wed, 31 Aug 2022 02:43:54 +0000 https://landreport.com/wp-content/uploads/2022/08/LR_KingRanchArt_11-Ladinas.jpg 57329 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_12-spring-flowers-at-encino/ Wed, 31 Aug 2022 02:43:57 +0000 https://landreport.com/wp-content/uploads/2022/08/LR_KingRanchArt_12-Spring-Flowers-at-Encino.jpg 57330 57314 0 0 https://landreport.com/2022/08/galloo-island/lr_gallooisland_3-sam-bartlett/ Wed, 31 Aug 2022 04:21:53 +0000 https://landreport.com/wp-content/uploads/2022/08/LR_GallooIsland_3-Sam-Bartlett.jpg TROPHY CATCH Sam Bartlett landed this monster 12-pound brown trout 50 yard offshore.]]> 57348 57113 0 0 https://landreport.com/homepage/2023-land-investment-expo-logo-web/ Wed, 31 Aug 2022 12:33:51 +0000 https://landreport.com/wp-content/uploads/2022/08/2023-Land-Investment-Expo-Logo-web.png 57352 45 0 0 https://landreport.com/?attachment_id=57359 Wed, 31 Aug 2022 16:38:25 +0000 https://landreport.com/wp-content/uploads/2022/05/latest-edition-cover-2022.jpg 57359 18321 0 0 https://landreport.com/lrmediag2022_new/ Thu, 01 Sep 2022 00:30:05 +0000 https://landreport.com/wp-content/uploads/2022/09/LRMediaG2022_new.pdf 57364 0 0 0 https://landreport.com/2022/09/hermitage/lr_hermitage_02/ Thu, 01 Sep 2022 02:11:10 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Hermitage_02.jpg 57389 57388 0 0 https://landreport.com/2022/09/hermitage/firstweberrealtorlogo_150x150/ Thu, 01 Sep 2022 02:24:39 +0000 https://landreport.com/wp-content/uploads/2022/09/FirstWeberRealtorLogo_150x150.png 57391 57388 0 0 https://landreport.com/2022/09/hermitage/lr_hermitage_01/ Thu, 01 Sep 2022 02:32:08 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Hermitage_01.jpg 57401 57388 0 0 https://landreport.com/2022/09/hermitage/lr_hermitage_03/ Thu, 01 Sep 2022 02:32:35 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Hermitage_03.jpg 57402 57388 0 0 https://landreport.com/2022/09/hermitage/lr_hermitage_04/ Thu, 01 Sep 2022 02:33:14 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Hermitage_04.jpg 57403 57388 0 0 https://landreport.com/2022/09/hermitage/lr_hermitage_05/ Thu, 01 Sep 2022 02:33:29 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Hermitage_05.jpg 57404 57388 0 0 https://landreport.com/2022/09/hermitage/lr_hermitage_06/ Thu, 01 Sep 2022 02:33:49 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Hermitage_06.jpg 57405 57388 0 0 https://landreport.com/2022/09/hermitage/lr_hermitage_07/ Thu, 01 Sep 2022 02:34:04 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Hermitage_07.jpg 57406 57388 0 0 https://landreport.com/2022/09/hermitage/lr_hermitage_08/ Thu, 01 Sep 2022 02:34:40 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Hermitage_08.jpg 57407 57388 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_2-king-ranch-main-house-2/ Thu, 01 Sep 2022 22:41:00 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_KingRanchArt_2-King-Ranch-Main-House.jpg 57421 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_3-creek-barn-trap-grazers-2/ Thu, 01 Sep 2022 22:43:33 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_KingRanchArt_3-Creek-Barn-Trap-Grazers.jpg Creek Barn Trap Grazers (Santa Gertrudis) 2019, Oil on canvas, 25 x 30"]]> 57422 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_4-gate-at-spohn-pens-2/ Thu, 01 Sep 2022 22:53:33 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_KingRanchArt_4-Gate-at-Spohn-Pens.jpg Gate at Spohn Pens (Santa Gertrudis) 2019, Oil on canvas, 30 x 30"]]> 57426 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_5-molino-las-mujeres-2/ Thu, 01 Sep 2022 22:59:35 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_KingRanchArt_5-Molino-Las-Mujeres.jpg Molino Las Mujeres (Norias) 2019, Oil on canvas, 18 x 24"]]> 57428 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_8-morning-clouds-over-alazan-bay-2/ Thu, 01 Sep 2022 23:04:39 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_KingRanchArt_8-Morning-Clouds-Over-Alazan-Bay.jpg Morning Clouds Over Alazán Bay (Laureles) 2019, Oil on canvas, 14 x 20"]]> 57429 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_9-drifting-manada-2/ Thu, 01 Sep 2022 23:05:05 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_KingRanchArt_9-Drifting-Manada.jpg Drifting Manada (Santa Gertrudis) 2018, Oil on canvas, 30 x 24"]]> 57430 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_10-norias-dunes-2/ Thu, 01 Sep 2022 23:05:09 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_KingRanchArt_10-Norias-Dunes.jpg Norias Dunes (Norias) 2019, Oil on canvas, 20 x 36"]]> 57431 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_6-road-through-the-oaks-2/ Fri, 02 Sep 2022 00:58:02 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_KingRanchArt_6-Road-Through-the-Oaks.jpg 57447 57314 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_7-kinenos-la-corrida-2/ Fri, 02 Sep 2022 01:00:54 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_KingRanchArt_7-Kinenos-La-Corrida.jpg 57448 57314 0 0 https://landreport.com/2022/08/xit-ranch/lr_xit_ranch_1-matt-koch/ Fri, 02 Sep 2022 02:01:37 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_XIT_Ranch_1-Matt-Koch.jpg 57485 57483 0 0 https://landreport.com/2022/08/xit-ranch/lr_xit_ranch_2-ben-baldus-drew-knowles/ Fri, 02 Sep 2022 02:06:06 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_XIT_Ranch_2-Ben-Baldus-Drew-Knowles.jpg GAME PLAN Ben Baldus (left) and Drew Knowles (right) grab a quick chat at the Celebration of Champions.]]> 57486 57483 0 0 https://landreport.com/2022/08/xit-ranch/lr_xit_ranch_3a-capitol-construction/ Fri, 02 Sep 2022 02:08:58 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_XIT_Ranch_3a-Capitol-Construction.jpg THEN AND NOW Texas traded 3,050,000 acres of state land to the syndicate that constructed the Texas State Capitol.]]> 57487 57483 0 0 https://landreport.com/2022/08/xit-ranch/texasstatecapitolbuildinginaustintx/ Fri, 02 Sep 2022 02:09:01 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_XIT_Ranch_3b-Texas-State-Capitol.jpg 57488 57483 0 0 https://landreport.com/2022/08/xit-ranch/lr_xit_ranch_4-xit-branding/ Fri, 02 Sep 2022 02:11:57 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_XIT_Ranch_4-XIT-Branding.png AMERICA’S BIGGEST OUTFIT At its peak, the XIT employed 150 cowboys and carried 150,000 head.]]> 57489 57483 0 0 https://landreport.com/2022/08/xit-ranch/lr_xit_ranch_5-calving-in-colorado/ Fri, 02 Sep 2022 02:14:31 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_XIT_Ranch_5-Calving-in-Colorado.jpg CALVING IN COLORADO “I’m definitely looking forward to calving in warmer weather,” says Knowles, shown here with a newborn calf on the Colorado Division of the XIT Ranch in March 2022.]]> 57490 57483 0 0 https://landreport.com/2022/08/xit-ranch/lr_xitranch_6-rita-blanca-ranch/ Fri, 02 Sep 2022 02:15:49 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_XITRANCH_6-Rita-Blanca-Ranch.jpg BURSON RITA BLANCA CREEK RANCH The 11,520-acre Hall and Hall listing ticks all the boxes on Knowles’s checklist.]]> 57491 57483 0 0 https://landreport.com/2022/09/turkey-track-ranch-official-launch/lr_turkey-track-ranch-icon-global-high/ Fri, 02 Sep 2022 17:37:39 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Turkey-Track-Ranch-Icon-Global-high.gif 57527 57526 0 0 https://landreport.com/2022/09/passage-island-alaska/passage-island-seldovia-alaska-fay-ranches-high/ Sun, 04 Sep 2022 20:41:35 +0000 https://landreport.com/wp-content/uploads/2022/09/Passage-Island-Seldovia-Alaska-Fay-Ranches-high.gif 57650 57648 0 0 https://landreport.com/testimonials-new/rick-kuper/ Tue, 06 Sep 2022 18:56:02 +0000 https://landreport.com/wp-content/uploads/2022/09/Rick-Kuper.jpg 57660 28611 0 0 https://landreport.com/testimonials-new/tom-smith/ Tue, 06 Sep 2022 18:56:16 +0000 https://landreport.com/wp-content/uploads/2022/09/Tom-Smith.jpg 57661 28611 0 0 https://landreport.com/testimonials-new/c-patrick-bates/ Tue, 06 Sep 2022 18:56:33 +0000 https://landreport.com/wp-content/uploads/2022/09/C-Patrick-Bates.jpg 57662 28611 0 0 https://landreport.com/testimonials-new/greg-fay/ Tue, 06 Sep 2022 18:56:44 +0000 https://landreport.com/wp-content/uploads/2022/09/Greg-Fay.jpg 57663 28611 0 0 https://landreport.com/testimonials-new/rory-burroughs/ Tue, 06 Sep 2022 18:56:55 +0000 https://landreport.com/wp-content/uploads/2022/09/Rory-Burroughs.jpg 57664 28611 0 0 https://landreport.com/testimonials-new/scott-shuman/ Tue, 06 Sep 2022 18:57:06 +0000 https://landreport.com/wp-content/uploads/2022/09/Scott-Shuman.jpg 57665 28611 0 0 https://landreport.com/testimonials-new/mark-overstreet1/ Tue, 06 Sep 2022 18:57:17 +0000 https://landreport.com/wp-content/uploads/2022/09/Mark-Overstreet1.jpg 57666 28611 0 0 https://landreport.com/testimonials-new/dean-saunders/ Tue, 06 Sep 2022 18:57:45 +0000 https://landreport.com/wp-content/uploads/2022/09/Dean-Saunders.jpg 57667 28611 0 0 https://landreport.com/2011/01/harry-patten-honored-by-horatio-alger-society/layout-1-2/ Tue, 06 Sep 2022 23:50:41 +0000 https://landreport.com/wp-content/uploads/2011/01/Patten-Family-1.jpg 57693 3187 0 0 https://landreport.com/2011/01/harry-patten-honored-by-horatio-alger-society/layout-1-5/ Tue, 06 Sep 2022 23:58:34 +0000 https://landreport.com/wp-content/uploads/2011/01/Patten-Family-2.jpg 57694 3187 0 0 https://landreport.com/2022/09/cancha-de-estrellas/lr_cancha-de-estrellas_02/ Wed, 07 Sep 2022 00:46:16 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Cancha-De-Estrellas_02.jpg 57696 57695 0 0 https://landreport.com/2022/09/cancha-de-estrellas/theagencylogo_150x150/ Wed, 07 Sep 2022 00:54:50 +0000 https://landreport.com/wp-content/uploads/2022/09/TheAgencyLogo_150x150.png 57698 57695 0 0 https://landreport.com/2022/09/cancha-de-estrellas/lr_cancha-de-estrellas_07/ Wed, 07 Sep 2022 01:00:08 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Cancha-De-Estrellas_07.jpg 57703 57695 0 0 https://landreport.com/2022/09/cancha-de-estrellas/lr_cancha-de-estrellas_01/ Wed, 07 Sep 2022 01:00:25 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Cancha-De-Estrellas_01.jpg 57704 57695 0 0 https://landreport.com/2022/09/cancha-de-estrellas/lr_cancha-de-estrellas_05/ Wed, 07 Sep 2022 01:00:43 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Cancha-De-Estrellas_05.jpg 57705 57695 0 0 https://landreport.com/2022/09/cancha-de-estrellas/lr_cancha-de-estrellas_08/ Wed, 07 Sep 2022 01:01:04 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Cancha-De-Estrellas_08.jpg 57706 57695 0 0 https://landreport.com/2022/09/cancha-de-estrellas/lr_cancha-de-estrellas_03/ Wed, 07 Sep 2022 01:01:34 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Cancha-De-Estrellas_03.jpg 57707 57695 0 0 https://landreport.com/2022/09/cancha-de-estrellas/lr_cancha-de-estrellas_04/ Wed, 07 Sep 2022 01:01:55 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Cancha-De-Estrellas_04.jpg 57708 57695 0 0 https://landreport.com/2022/09/cancha-de-estrellas/lr_cancha-de-estrellas_09/ Wed, 07 Sep 2022 01:02:32 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Cancha-De-Estrellas_09.jpg 57709 57695 0 0 https://landreport.com/2022/09/cancha-de-estrellas/lr_cancha-de-estrellas_10/ Wed, 07 Sep 2022 01:02:49 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Cancha-De-Estrellas_10.jpg 57710 57695 0 0 https://landreport.com/2021/01/voices-mike-duffy-united-country-real-estate/lr_voices_logo/ Thu, 08 Sep 2022 01:57:37 +0000 https://landreport.com/wp-content/uploads/2021/01/LR_Voices_Logo.jpg 57725 17471 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_2-king-ranch-main-house-3/ Mon, 19 Sep 2022 12:09:13 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_KingRanchArt_2-King-Ranch-Main-House-1.jpg 57830 57314 0 0 https://landreport.com/2022/09/ted-turner-reserves/lr_endnote_us/ Wed, 21 Sep 2022 21:06:16 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_EndNote_US.png 57961 57084 0 0 https://landreport.com/2022/09/king-ranch-art/lr_endnote_tx/ Wed, 21 Sep 2022 21:16:58 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_EndNote_TX.png 57973 57314 0 0 https://landreport.com/2022/09/seth-patterson/lr_seth-patterson_01/ Thu, 22 Sep 2022 01:17:20 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Seth-Patterson_01.jpg 58005 57998 0 0 https://landreport.com/2022/09/seth-patterson/lr_sethpetterson_02/ Thu, 22 Sep 2022 01:39:48 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_SethPetterson_02.jpg DREAM WEAVER Seth Patterson pivoted from social media guru to design guy. The results speak for themselves.]]> 58008 57998 0 0 https://landreport.com/2022/09/seth-patterson/lr_seth_pattereson_pendleton-skull/ Thu, 22 Sep 2022 01:43:35 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Seth_Pattereson_Pendleton-Skull.jpg 58010 57998 0 0 https://landreport.com/2023-winter-edition-issue/top-100-sales-sheet/ Thu, 22 Sep 2022 23:08:38 +0000 https://landreport.com/wp-content/uploads/2022/09/Top-100-Sales-Sheet-.jpg 58049 58046 0 0 https://landreport.com/placeholder-png/ Fri, 23 Sep 2022 00:16:35 +0000 https://landreport.com/wp-content/uploads/2022/09/placeholder.png 58067 0 0 0 https://landreport.com/placeholder-png-2/ Fri, 23 Sep 2022 00:16:37 +0000 https://landreport.com/wp-content/uploads/2022/09/placeholder-1.png 58068 0 0 0 https://landreport.com/placeholder-png-3/ Fri, 23 Sep 2022 00:16:39 +0000 https://landreport.com/wp-content/uploads/2022/09/placeholder-2.png 58069 0 0 0 https://landreport.com/placeholder-png-4/ Fri, 23 Sep 2022 00:16:40 +0000 https://landreport.com/wp-content/uploads/2022/09/placeholder-3.png 58070 0 0 0 https://landreport.com/placeholder-png-5/ Fri, 23 Sep 2022 00:16:42 +0000 https://landreport.com/wp-content/uploads/2022/09/placeholder-4.png 58071 0 0 0 https://landreport.com/placeholder-png-6/ Fri, 23 Sep 2022 00:16:43 +0000 https://landreport.com/wp-content/uploads/2022/09/placeholder-5.png 58072 0 0 0 https://landreport.com/placeholder-png-7/ Fri, 23 Sep 2022 00:16:44 +0000 https://landreport.com/wp-content/uploads/2022/09/placeholder-6.png 58073 0 0 0 https://landreport.com/placeholder-png-8/ Fri, 23 Sep 2022 00:16:45 +0000 https://landreport.com/wp-content/uploads/2022/09/placeholder-7.png 58074 0 0 0 https://landreport.com/placeholder-png-9/ Fri, 23 Sep 2022 00:16:46 +0000 https://landreport.com/wp-content/uploads/2022/09/placeholder-8.png 58075 0 0 0 https://landreport.com/placeholder-png-10/ Fri, 23 Sep 2022 00:16:47 +0000 https://landreport.com/wp-content/uploads/2022/09/placeholder-9.png 58076 0 0 0 https://landreport.com/placeholder-png-11/ Fri, 23 Sep 2022 00:16:48 +0000 https://landreport.com/wp-content/uploads/2022/09/placeholder-10.png 58077 0 0 0 https://landreport.com/placeholder-png-12/ Fri, 23 Sep 2022 00:16:49 +0000 https://landreport.com/wp-content/uploads/2022/09/placeholder-11.png 58078 0 0 0 https://landreport.com/placeholder-png-13/ Fri, 23 Sep 2022 00:16:50 +0000 https://landreport.com/wp-content/uploads/2022/09/placeholder-12.png 58079 0 0 0 https://landreport.com/2022/09/ted-turner-reserves/lr_tedturnerreserves_01/ Fri, 23 Sep 2022 12:47:22 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_TedTurnerReserves_01.jpg 58085 57084 0 0 https://landreport.com/emmersons/hallandhall-300x250/ Mon, 26 Sep 2022 14:58:23 +0000 https://landreport.com/wp-content/uploads/2022/09/hallandhall-300x250-1.png 58274 57911 0 0 https://landreport.com/2010/09/sold-the-bell-ranch/lr_endnote_us_16x10/ Fri, 30 Sep 2022 16:18:26 +0000 https://landreport.com/wp-content/uploads/2010/09/LR_EndNote_US_16x10.png 58344 2888 0 0 https://landreport.com/2010/09/sold-the-bell-ranch/bellranch-lr100-lg-2/ Fri, 30 Sep 2022 16:22:29 +0000 https://landreport.com/wp-content/uploads/2010/09/BellRanch-LR100-lg.jpeg 58348 2888 0 0 https://landreport.com/homepage/meta-chart/ Mon, 03 Oct 2022 13:57:35 +0000 https://landreport.com/wp-content/uploads/2022/10/meta-chart.png 58349 45 0 0 https://landreport.com/homepage/cml_429-disruptor-consideration-digital-ad_1200x628px_092222-r00-pdf/ Mon, 03 Oct 2022 14:03:40 +0000 https://landreport.com/wp-content/uploads/2022/10/CML_429-Disruptor-Consideration-Digital-Ad_1200x628px_092222-R00.pdf.jpg 58351 45 0 0 https://landreport.com/2022/08/xit-ranch/lr_xit_ranch_1-matt-koch-2/ Wed, 05 Oct 2022 07:19:58 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_XIT_Ranch_1-Matt-Koch-1.jpg 58376 57483 0 0 https://landreport.com/2022/08/galloo-island/lr_gallooisland_1-gill-harbor-2/ Wed, 05 Oct 2022 07:20:40 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_GallooIsland_1-Gill-Harbor.jpg 58377 57113 0 0 https://landreport.com/2022/09/taylor-sheridan-takes-the-reins-at-the-four-sixes/1-taylor-sheridan-1024x683-2/ Wed, 05 Oct 2022 07:21:02 +0000 https://landreport.com/wp-content/uploads/2022/09/1-Taylor-Sheridan-1024x683-1.jpg 58379 52548 0 0 https://landreport.com/2022/09/king-ranch-art/lr_kingranchart_2-king-ranch-main-house-4/ Wed, 05 Oct 2022 07:21:37 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_KingRanchArt_2-King-Ranch-Main-House-2.jpg 58380 57314 0 0 https://landreport.com/2022/09/ted-turner-reserves/lr_tedturnerreserves_01-2/ Wed, 05 Oct 2022 07:21:46 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_TedTurnerReserves_01-1.jpg 58381 57084 0 0 https://landreport.com/?attachment_id=58480 Wed, 12 Oct 2022 15:58:12 +0000 https://landreport.com/wp-content/uploads/2022/05/UCRE_LR_10_2022-300x250-1.jpg 58480 18637 0 0 https://landreport.com/2022/04/conservation-equity-management/cherokee-ridge-lake/ Thu, 13 Oct 2022 14:45:37 +0000 https://landreport.com/wp-content/uploads/2022/10/Cherokee-Ridge-lake.jpg 58486 58482 0 0 https://landreport.com/cherokee-ridge-timber/ Thu, 13 Oct 2022 15:14:55 +0000 https://landreport.com/wp-content/uploads/2022/10/Cherokee-Ridge-timber.jpg 58488 0 0 0 https://landreport.com/monarch-ranch/ Thu, 13 Oct 2022 15:14:57 +0000 https://landreport.com/wp-content/uploads/2022/10/Monarch-Ranch.jpg 58489 0 0 0 https://landreport.com/ocelot-horizontal/ Thu, 13 Oct 2022 15:15:00 +0000 https://landreport.com/wp-content/uploads/2022/10/Ocelot-horizontal.jpg 58490 0 0 0 https://landreport.com/terry-kyle/ Thu, 13 Oct 2022 15:15:02 +0000 https://landreport.com/wp-content/uploads/2022/10/Terry-Kyle.jpg 58491 0 0 0 https://landreport.com/2022/10/the-land-report-fall-2022/2022-3-cover-web/ Tue, 18 Oct 2022 13:31:05 +0000 https://landreport.com/wp-content/uploads/2022/10/2022.3-Cover-web.jpg 58509 58505 0 0 https://landreport.com/2022/10/the-land-report-fall-2022/2022-3-cover-web-2/ Tue, 18 Oct 2022 13:39:00 +0000 https://landreport.com/wp-content/uploads/2022/10/2022.3-Cover-web-1.jpg 58512 58505 0 0 https://landreport.com/?attachment_id=58518 Tue, 18 Oct 2022 18:38:46 +0000 https://landreport.com/wp-content/uploads/2022/05/2022.3-Cover-web-sm.jpg 58518 18321 0 0 https://landreport.com/2022/10/working-forest-fund/lr_workingforestfund-01/ Fri, 21 Oct 2022 16:02:56 +0000 https://landreport.com/wp-content/uploads/2022/10/LR_WorkingForestFund-01.jpg 58530 58524 0 0 https://landreport.com/2022/10/working-forest-fund/lr_workingforestfund-02/ Tue, 25 Oct 2022 02:37:31 +0000 https://landreport.com/wp-content/uploads/2022/10/LR_WorkingForestFund-02.jpg BEEBE RIVER WATERSHED In 2014, the Working Forest Fund partnered with the Richard King Mellon Foundation to acquire more than 30,000 acres of industrial timberland in Maine, New York, Vermont, and New Hampshire. Photo Credit: Stacy Funderburke]]> 58573 58524 0 0 https://landreport.com/2022/10/working-forest-fund/lr_workingforestfund-03/ Tue, 25 Oct 2022 02:48:27 +0000 https://landreport.com/wp-content/uploads/2022/10/LR_WorkingForestFund-03.jpg LARGEST LAND BACK Thanks to the Working Forest Fund, the Bois Forte Band of Minnesota acquired 28,089 acres of former tribal land.]]> 58578 58524 0 0 https://landreport.com/2022/10/working-forest-fund/pelican-river-area-in-wisconsin-the-conservation-fund/ Tue, 25 Oct 2022 03:05:52 +0000 https://landreport.com/wp-content/uploads/2022/10/LR_WorkingForestFund-04.jpg PELICAN RIVER FOREST The Working Forest Fund facilitated the acquisition of 70,000 acres of Wisconsin timberland from The Forestland Group. Photo Credit: Jay Brittain]]> 58585 58524 0 0 https://landreport.com/2022/10/working-forest-fund/lr_workingforestfund-05/ Tue, 25 Oct 2022 03:11:30 +0000 https://landreport.com/wp-content/uploads/2022/10/LR_WorkingForestFund-05.jpg 58586 58524 0 0 https://landreport.com/2022/08/land-report-august-2022-newsletter/lr_newsletter_082022/ Wed, 26 Oct 2022 01:39:14 +0000 https://landreport.com/wp-content/uploads/2022/10/LR_Newsletter_082022.jpg 58611 58610 0 0 https://landreport.com/2022/09/land-report-september-2022-newsletter/lr_newsletter_082022-2/ Wed, 26 Oct 2022 02:10:50 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Newsletter_082022.jpg 58614 58598 0 0 https://landreport.com/lrmediag2023/ Wed, 26 Oct 2022 02:21:37 +0000 https://landreport.com/wp-content/uploads/2022/10/LRMediaG2023.pdf 58617 0 0 0 https://landreport.com/2022/09/land-report-september-2022-newsletter/lr_newsletter_092022-2/ Fri, 28 Oct 2022 03:29:05 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Newsletter_092022.jpg 58676 58598 0 0 https://landreport.com/2022/09/land-report-september-2022-newsletter/lr_newsletter_092022-3/ Fri, 28 Oct 2022 03:30:01 +0000 https://landreport.com/wp-content/uploads/2022/09/LR_Newsletter_092022-1.jpg 58677 58598 0 0 https://landreport.com/2022/10/land-report-october-2022-newsletter/lr_newsletter-102022/ Fri, 28 Oct 2022 03:33:48 +0000 https://landreport.com/wp-content/uploads/2022/10/LR_Newsletter-102022.jpg 58679 58673 0 0 https://landreport.com/2022/10/land-report-october-2022-newsletter/lr_newsletter-072022/ Fri, 28 Oct 2022 03:45:34 +0000 https://landreport.com/wp-content/uploads/2022/10/LR_Newsletter-072022.jpg 58682 58673 0 0 https://landreport.com/favicon_landreport_circlek/ Fri, 28 Oct 2022 17:40:10 +0000 https://landreport.com/wp-content/uploads/2022/10/Favicon_LandReport_CircleK.png 58684 0 0 0 https://landreport.com/2011/02/land-report-100-a-new-no-1/lr_johnmalone/ Mon, 31 Oct 2022 16:17:19 +0000 https://landreport.com/wp-content/uploads/2011/02/LR_JohnMalone.jpg 58720 3231 0 0 https://landreport.com/lrmediag2023-final/ Tue, 01 Nov 2022 14:40:48 +0000 https://landreport.com/wp-content/uploads/2022/11/LRMediaG2023-Final.pdf 58726 0 0 0 https://landreport.com/2022/11/forest-park-ranch/lr_forestparkranch_01/ Thu, 03 Nov 2022 02:31:32 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_01.jpg 58751 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/lr_forestparkranch_02/ Thu, 03 Nov 2022 02:39:53 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_02.jpg 58752 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/default-25/ Thu, 03 Nov 2022 02:40:30 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_03.jpg 58753 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/lr_forestparkranch_04/ Thu, 03 Nov 2022 02:41:12 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_04.jpg 58754 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/lr_forestparkranch_05/ Thu, 03 Nov 2022 02:41:40 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_05.jpg 58755 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/lr_forestparkranch_06/ Thu, 03 Nov 2022 02:42:01 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_06.jpg 58756 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/default-26/ Thu, 03 Nov 2022 02:42:20 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_08.jpg 58757 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/lr_forestparkranch_09/ Thu, 03 Nov 2022 02:42:42 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_09.jpg 58758 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/lr_forestparkranch_10/ Thu, 03 Nov 2022 02:43:11 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_10.jpg 58759 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/lr_forestparkranch_07/ Thu, 03 Nov 2022 02:43:51 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_07.jpg 58760 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/m4ranchgrouplogo_150x150/ Thu, 03 Nov 2022 02:49:17 +0000 https://landreport.com/wp-content/uploads/2022/11/M4RanchGroupLogo_150x150.png 58762 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/lr_forestparkranch_11/ Tue, 08 Nov 2022 17:15:58 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_11.jpg 58892 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/lr_forestparkranch_12/ Tue, 08 Nov 2022 17:18:30 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_12.jpg 58894 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/lr_forestparkranch_13/ Tue, 08 Nov 2022 17:26:28 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_13.jpg 58895 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/lr_forestparkranch_14/ Tue, 08 Nov 2022 17:30:12 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_14.jpg 58897 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/lr_forestparkranch_15/ Tue, 08 Nov 2022 17:46:30 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_15.jpg 58899 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/lr_forestparkranch_16/ Tue, 08 Nov 2022 17:49:28 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_16.jpg 58900 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/lr_forestparkranch_17/ Tue, 08 Nov 2022 18:04:33 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_17.jpg 58902 58740 0 0 https://landreport.com/2022/11/forest-park-ranch/lr_forestparkranch_18/ Tue, 08 Nov 2022 18:55:21 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_ForestParkRanch_18.jpg 58903 58740 0 0 https://landreport.com/2022/10/working-forest-fund/lr_forestparkranch_00/ Wed, 09 Nov 2022 01:11:30 +0000 https://landreport.com/wp-content/uploads/2022/10/LR_ForestParkRanch_00.jpg 58926 58524 0 0 https://landreport.com/2022/11/land-report-voices-western-ranch-brokers/lr_wrb_01/ Wed, 09 Nov 2022 02:24:36 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_WRB_01.jpg 58949 58935 0 0 https://landreport.com/2022/11/land-report-voices-western-ranch-brokers/lr_wrb_voices/ Wed, 09 Nov 2022 03:28:35 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_WRB_Voices.png 58957 58935 0 0 https://landreport.com/?attachment_id=58975 Fri, 11 Nov 2022 21:30:27 +0000 https://landreport.com/wp-content/uploads/2022/04/land-report-footer-grey.png 58975 28 0 0 https://landreport.com/land-report-header-white-logo/ Fri, 11 Nov 2022 21:32:44 +0000 https://landreport.com/wp-content/uploads/2022/11/land-report-header-white-logo.png 58977 0 0 0 https://landreport.com/2022/11/land-report-voices-western-ranch-brokers/lr_wrb_02/ Mon, 14 Nov 2022 15:37:00 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_WRB_02.jpg 58979 58935 0 0 https://landreport.com/2022/11/land-report-voices-western-ranch-brokers/lr_wrb_03/ Mon, 14 Nov 2022 17:09:45 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_WRB_03.jpg 59003 58935 0 0 https://landreport.com/2022/11/five-data-points-you-should-know-before-buying-farmland/county-yield-02/ Tue, 15 Nov 2022 21:31:46 +0000 https://landreport.com/wp-content/uploads/2022/11/County-Yield-02.png 59044 59029 0 0 https://landreport.com/2022/11/five-data-points-you-should-know-before-buying-farmland/crop-history-02/ Tue, 15 Nov 2022 21:32:04 +0000 https://landreport.com/wp-content/uploads/2022/11/Crop-History-02.png 59045 59029 0 0 https://landreport.com/2022/11/five-data-points-you-should-know-before-buying-farmland/flood-zones-02/ Tue, 15 Nov 2022 21:32:25 +0000 https://landreport.com/wp-content/uploads/2022/11/Flood-Zones-02.png 59046 59029 0 0 https://landreport.com/2022/11/five-data-points-you-should-know-before-buying-farmland/soil-data-02/ Tue, 15 Nov 2022 21:32:37 +0000 https://landreport.com/wp-content/uploads/2022/11/Soil-Data-02.png 59047 59029 0 0 https://landreport.com/2022/11/five-data-points-you-should-know-before-buying-farmland/vegetation-index-02/ Tue, 15 Nov 2022 21:33:00 +0000 https://landreport.com/wp-content/uploads/2022/11/Vegetation-Index-02.jpg 59048 59029 0 0 https://landreport.com/2022/11/five-data-points-you-should-know-before-buying-farmland/lr_opener/ Tue, 15 Nov 2022 21:48:35 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_Opener.jpg 59049 59029 0 0 https://landreport.com/2022/11/mohu/lr_mohu-01/ Wed, 16 Nov 2022 00:24:23 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_Mohu-01.jpg 59057 58959 0 0 https://landreport.com/2022/11/mohu/lr_mohu-02/ Wed, 16 Nov 2022 00:24:41 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_Mohu-02.jpg 59058 58959 0 0 https://landreport.com/2022/11/mohu/lr_mohu-03/ Wed, 16 Nov 2022 00:24:58 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_Mohu-03.jpg 59059 58959 0 0 https://landreport.com/2022/11/mohu/lr_mohu-04/ Wed, 16 Nov 2022 00:25:19 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_Mohu-04.jpg 59060 58959 0 0 https://landreport.com/2022/11/mohu/lr_mohu-05/ Wed, 16 Nov 2022 00:25:33 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_Mohu-05.jpg 59061 58959 0 0 https://landreport.com/2022/11/mohu/lr_mohu-06/ Wed, 16 Nov 2022 00:25:45 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_Mohu-06.jpg 59062 58959 0 0 https://landreport.com/2022/11/mohu/lr_mohu-07/ Wed, 16 Nov 2022 00:26:00 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_Mohu-07.jpg 59063 58959 0 0 https://landreport.com/2022/11/mohu/lr_mohu-09/ Wed, 16 Nov 2022 00:26:18 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_Mohu-09.jpg 59064 58959 0 0 https://landreport.com/2022/11/mohu/lr_mohu-08/ Wed, 16 Nov 2022 00:26:36 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_Mohu-08.jpg 59065 58959 0 0 https://landreport.com/2022/11/mohu/lr_mohu-10/ Wed, 16 Nov 2022 00:27:08 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_Mohu-10.jpg 59066 58959 0 0 https://landreport.com/2022/11/five-data-points-you-should-know-before-buying-farmland/lr_wheatharvest/ Thu, 17 Nov 2022 15:58:11 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_WheatHarvest.jpg 59086 59029 0 0 https://landreport.com/placeholder-png-14/ Thu, 17 Nov 2022 16:20:25 +0000 https://landreport.com/wp-content/uploads/2022/11/placeholder.png 59092 0 0 0 https://landreport.com/placeholder-png-15/ Thu, 17 Nov 2022 16:20:27 +0000 https://landreport.com/wp-content/uploads/2022/11/placeholder-1.png 59093 0 0 0 https://landreport.com/placeholder-png-16/ Thu, 17 Nov 2022 16:20:28 +0000 https://landreport.com/wp-content/uploads/2022/11/placeholder-2.png 59094 0 0 0 https://landreport.com/placeholder-png-17/ Thu, 17 Nov 2022 16:20:30 +0000 https://landreport.com/wp-content/uploads/2022/11/placeholder-3.png 59095 0 0 0 https://landreport.com/placeholder-png-18/ Thu, 17 Nov 2022 16:20:31 +0000 https://landreport.com/wp-content/uploads/2022/11/placeholder-4.png 59096 0 0 0 https://landreport.com/placeholder-png-19/ Thu, 17 Nov 2022 16:20:32 +0000 https://landreport.com/wp-content/uploads/2022/11/placeholder-5.png 59097 0 0 0 https://landreport.com/placeholder-png-20/ Thu, 17 Nov 2022 16:20:33 +0000 https://landreport.com/wp-content/uploads/2022/11/placeholder-6.png 59098 0 0 0 https://landreport.com/placeholder-png-21/ Thu, 17 Nov 2022 16:20:34 +0000 https://landreport.com/wp-content/uploads/2022/11/placeholder-7.png 59099 0 0 0 https://landreport.com/placeholder-png-22/ Thu, 17 Nov 2022 16:20:35 +0000 https://landreport.com/wp-content/uploads/2022/11/placeholder-8.png 59100 0 0 0 https://landreport.com/placeholder-png-23/ Thu, 17 Nov 2022 16:20:35 +0000 https://landreport.com/wp-content/uploads/2022/11/placeholder-9.png 59101 0 0 0 https://landreport.com/placeholder-png-24/ Thu, 17 Nov 2022 16:20:36 +0000 https://landreport.com/wp-content/uploads/2022/11/placeholder-10.png 59102 0 0 0 https://landreport.com/placeholder-png-25/ Thu, 17 Nov 2022 16:20:37 +0000 https://landreport.com/wp-content/uploads/2022/11/placeholder-11.png 59103 0 0 0 https://landreport.com/placeholder-png-26/ Thu, 17 Nov 2022 16:20:38 +0000 https://landreport.com/wp-content/uploads/2022/11/placeholder-12.png 59104 0 0 0 https://landreport.com/homepage/passage-island-seldovia-alaska-fay-ranches-high-small/ Mon, 21 Nov 2022 19:38:58 +0000 https://landreport.com/wp-content/uploads/2022/11/Passage-Island-Seldovia-Alaska-Fay-Ranches-high-small.gif 59190 45 0 0 https://landreport.com/homepage/passage-island-seldovia-alaska-fay-ranches-high-small-2/ Mon, 21 Nov 2022 20:16:14 +0000 https://landreport.com/wp-content/uploads/2022/11/Passage-Island-Seldovia-Alaska-Fay-Ranches-high-small.mp4 59212 45 0 0 https://landreport.com/2022/11/land-report-november-2022-newsletter/lr_newsletter_112022/ Tue, 22 Nov 2022 16:33:17 +0000 https://landreport.com/wp-content/uploads/2022/11/LR_Newsletter_112022.jpg 59229 59228 0 0 https://landreport.com/2022/10/working-forest-fund/lr_forestparkranch_00-optimized/ Tue, 22 Nov 2022 19:05:03 +0000 https://landreport.com/wp-content/uploads/2022/10/LR_ForestParkRanch_00-optimized.jpg 59232 58524 0 0 https://landreport.com/2022/12/sold-boone-pickens-mesa-vista-ranch/tbp-on-mvr/ Thu, 01 Dec 2022 15:02:35 +0000 https://landreport.com/wp-content/uploads/2022/12/TBP-on-MVR.jpg 59291 59290 0 0 https://landreport.com/2022/12/the-land-report-winter-2022/2022-4-cover-web/ Wed, 28 Dec 2022 16:28:37 +0000 https://landreport.com/wp-content/uploads/2022/12/2022.4-Cover-web.jpg 59489 59487 0 0 https://landreport.com/?attachment_id=59501 Thu, 29 Dec 2022 02:22:42 +0000 https://landreport.com/wp-content/uploads/2022/05/2022.4_cover-web-sm.jpg 59501 18321 0 0 https://landreport.com/2023-lone-star-state-edition-issue/texas-sales-sheet-2023/ Thu, 05 Jan 2023 01:30:04 +0000 https://landreport.com/wp-content/uploads/2023/01/Texas-Sales-Sheet-2023.jpg 59589 59587 0 0 https://landreport.com/2022/12/land-report-december-2022-newsletter/lr_newsletter-12-2022/ Fri, 06 Jan 2023 15:15:16 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_Newsletter-12.2022.jpg 59596 59595 0 0 https://landreport.com/2023/01/jimmy-john-liautaud/lr_jj-recent/ Fri, 13 Jan 2023 17:52:27 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_JJ-Recent.jpg 59632 59613 0 0 https://landreport.com/2023/01/jimmy-john-liautaud/lr_jj-recent_01/ Fri, 13 Jan 2023 17:54:34 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_JJ-Recent_01.jpg 59634 59613 0 0 https://landreport.com/2023/01/jimmy-john-liautaud/lr_jj-recent_feature/ Fri, 13 Jan 2023 17:59:45 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_JJ-Recent_Feature.jpg 59637 59613 0 0 https://landreport.com/2023/01/jimmy-john-liautaud/lr_jj-farm-tillable/ Sat, 14 Jan 2023 16:33:42 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_JJ-Farm-Tillable.jpg MIXED USE Corn and beans predominate, but hunting ground is also a priority.]]> 59667 59613 0 0 https://landreport.com/2023/01/jimmy-john-liautaud/lr_jjstorephoto/ Sat, 14 Jan 2023 16:35:40 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_JJStorePhoto.jpg EYE ON THE PRIZE Behind the fun facade, it’s always been about the bottom line for this self-made entrepreneur.]]> 59669 59613 0 0 https://landreport.com/2023/01/jimmy-john-liautaud/lr_jj-and-his-dad/ Sat, 14 Jan 2023 16:37:23 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_JJ-and-His-Dad.jpg FATHER AND SON James and Jimmy John in 2010.]]> 59671 59613 0 0 https://landreport.com/2023/01/jimmy-john-liautaud/lr_jimmyjohn_first-store-charleston/ Sat, 14 Jan 2023 16:38:20 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_JimmyJohn_First-Store-Charleston.jpg IN THE BEGINNING The very first Jimmy John’s in Charleston, Illinois.]]> 59672 59613 0 0 https://landreport.com/2023/01/rancho-sisquoc-winery/lr_rancho-sisquoc-1972-vintage/ Wed, 18 Jan 2023 03:41:49 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_Rancho-Sisquoc-1972-Vintage.jpg PREMIERE The first Rancho Sisquoc wines were bottled in 1972 under the private reserve label of James Flood, featuring the “F” brand.]]> 59736 59709 0 0 https://landreport.com/2023/01/rancho-sisquoc-winery/lr_rancho-sisquoc-cover/ Wed, 18 Jan 2023 03:42:06 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_Rancho-Sisquoc-cover.jpg CELEBRATING 70 YEARS The Flood family commissioned this compelling history of their historic holding. Former California governor Jerry Brown and Stephen Hearst penned forewords.]]> 59737 59709 0 0 https://landreport.com/2023/01/rancho-sisquoc-winery/lr_rancho-sisquoc-historic-stone-cellar/ Wed, 18 Jan 2023 03:42:22 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_Rancho-Sisquoc-Historic-Stone-Cellar.jpg 59738 59709 0 0 https://landreport.com/2023/01/rancho-sisquoc-winery/lr_rancho-sisquoc-mountains/ Wed, 18 Jan 2023 03:42:33 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_Rancho-Sisquoc-Mountains.jpg EARLY ADOPTER Rancho Sisquoc was among the first to plant wine grapes in the Santa Maria Valley.]]> 59739 59709 0 0 https://landreport.com/2023/01/rancho-sisquoc-winery/lr_rancho-sisquoc-reservoir-copy/ Wed, 18 Jan 2023 03:42:43 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_Rancho-Sisquoc-Reservoir-copy.jpg DEEP ROOTS Rancho Sisquoc Winery currently has more than 300 acres under vine and produces between 10,000 and 20,000 cases annually.]]> 59740 59709 0 0 https://landreport.com/2023/01/rancho-sisquoc-winery/lr_rancho-sisquoc-vineyard/ Wed, 18 Jan 2023 03:42:55 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_Rancho-Sisquoc-Vineyard.jpg 59741 59709 0 0 https://landreport.com/2023/01/rancho-sisquoc-winery/lr_rancho-sisquoc-vineyards-copy/ Wed, 18 Jan 2023 03:43:05 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_Rancho-Sisquoc-Vineyards-copy.jpg EARLY ADOPTER Rancho Sisquoc was among the first to plant wine grapes in the Santa Maria Valley.]]> 59742 59709 0 0 https://landreport.com/2023/01/rancho-sisquoc-winery/lr_rancho-sisquoc-wines/ Wed, 18 Jan 2023 03:43:15 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_Rancho-Sisquoc-Wines.jpg TASTING MENU Varietals grown on the ranch range from mainstays such as Cabernet Sauvignon and Merlot to lesser-known favorites such as Cabernet Franc and Sylvaner.]]> 59743 59709 0 0 https://landreport.com/2023/01/frey-farms-ceo-sarah-frey/sarah-frey/ Fri, 27 Jan 2023 21:05:39 +0000 https://landreport.com/wp-content/uploads/2023/01/Sarah-Frey.png 59873 59872 0 0 https://landreport.com/2023/01/land-report-january-2023-newsletter/lr_newsletter_012023/ Mon, 30 Jan 2023 16:42:43 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_Newsletter_012023.jpg 59899 59898 0 0 https://landreport.com/2023/01/frey-farms-ceo-sarah-frey/lr_sarahfrey/ Mon, 30 Jan 2023 17:13:41 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_SarahFrey.jpg 59903 59872 0 0 https://landreport.com/2023/01/westervelt-ecological-services/lr_schultzcreek/ Tue, 31 Jan 2023 23:22:13 +0000 https://landreport.com/wp-content/uploads/2023/02/LR_SchultzCreek.jpg 59940 59877 0 0 https://landreport.com/2023/01/westervelt-ecological-services/lr_big-sandy-stream/ Tue, 31 Jan 2023 23:24:51 +0000 https://landreport.com/wp-content/uploads/2023/02/LR_Big-Sandy-Stream.jpg BIG SANDY CREEK Formerly managed as a pine plantation, this 1,060-acre site in Tuscaloosa County, Alabama, is being restored, enhanced, and permanently protected by Westervelt Ecological Services. Learn more at www.wesmitigation.com.]]> 59941 59877 0 0 https://landreport.com/emmersons/lr_landvest_300x250/ Wed, 15 Feb 2023 21:22:45 +0000 https://landreport.com/wp-content/uploads/2023/02/LR_LandVest_300x250.png 60149 57911 0 0 https://landreport.com/2007/07/francis-ford-coppola-directs-a-masterpiece-with-his-wine/old-chateau-photo/ Wed, 15 Feb 2023 21:27:04 +0000 https://landreport.com/wp-content/uploads/2007/07/Old-Chateau-Photo.jpg 60161 51810 0 0 https://landreport.com/emmersons/lr_emmersonfamily/ Wed, 15 Feb 2023 21:35:18 +0000 https://landreport.com/wp-content/uploads/2023/02/LR_EmmersonFamily.jpg 60166 57911 0 0 https://landreport.com/ucre_lr_10_2022-300x250-1-jpg/ Wed, 15 Feb 2023 23:01:03 +0000 https://landreport.com/wp-content/uploads/2023/02/UCRE_LR_10_2022-300x250-1.jpg 60191 0 0 0 https://landreport.com/?attachment_id=60195 Wed, 15 Feb 2023 23:07:48 +0000 https://landreport.com/wp-content/uploads/2023/02/BellHellicopter_Logo.png 60195 60192 0 0 https://landreport.com/2023/03/land-report-march-2023-newsletter/lr_newsletter_0223/ Wed, 22 Feb 2023 17:53:55 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_Newsletter_0223.jpg 60322 60319 0 0 https://landreport.com/2023/03/land-report-march-2023-newsletter/lr_0223_newsletter/ Wed, 22 Feb 2023 17:58:31 +0000 https://landreport.com/wp-content/uploads/2023/01/LR_0223_Newsletter.jpg 60323 60319 0 0 https://landreport.com/?attachment_id=60341 Thu, 23 Feb 2023 18:04:52 +0000 https://landreport.com/wp-content/uploads/2023/02/WH-Knives-Animated.gif 60341 60192 0 0 https://landreport.com/2022/04/vistra-lists-fairfield-lake-for-110-million/lr_fairfield_tx-01/ Thu, 23 Feb 2023 18:30:20 +0000 https://landreport.com/wp-content/uploads/2022/04/LR_Fairfield_TX-01.jpg 60346 60326 0 0 https://landreport.com/2022/04/vistra-lists-fairfield-lake-for-110-million/lr_fairfield_tx-02/ Thu, 23 Feb 2023 18:30:31 +0000 https://landreport.com/wp-content/uploads/2022/04/LR_Fairfield_TX-02.jpg 60347 60326 0 0 https://landreport.com/2022/04/vistra-lists-fairfield-lake-for-110-million/lr_fairfield_tx-03/ Thu, 23 Feb 2023 18:30:42 +0000 https://landreport.com/wp-content/uploads/2022/04/LR_Fairfield_TX-03.jpg 60348 60326 0 0 https://landreport.com/westervelts/lr_westervelts_schultzcreek/ Mon, 27 Feb 2023 18:17:46 +0000 https://landreport.com/wp-content/uploads/2023/02/LR_Westervelts_SchultzCreek.jpg 60395 60383 0 0 https://landreport.com/2023/03/10-questions-chad-foster/lr_chadfoster-01/ Wed, 01 Mar 2023 16:29:54 +0000 https://landreport.com/wp-content/uploads/2023/02/LR_ChadFoster-01.jpg 60421 60409 0 0 https://landreport.com/2023/03/10-questions-chad-foster/lr_chadfoster-02/ Wed, 01 Mar 2023 16:54:47 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_ChadFoster-02.jpg 60427 60409 0 0 https://landreport.com/2023/03/10-questions-chad-foster/lr_arrowheadranch_01/ Wed, 01 Mar 2023 17:07:53 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_ArrowHeadRanch_01.jpg 60428 60409 0 0 https://landreport.com/2023/03/10-questions-chad-foster/lr_nineteenmileranch/ Wed, 01 Mar 2023 17:54:14 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_NineteenMileRanch.jpg 60430 60409 0 0 https://landreport.com/2023/03/10-questions-chad-foster/lr_port-lavacaonthepowderhorn/ Wed, 01 Mar 2023 17:57:46 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_Port-LavacaonthePowderhorn.jpg 60431 60409 0 0 https://landreport.com/2023/03/10-questions-chad-foster/lr_chadfoster-03/ Wed, 01 Mar 2023 18:00:53 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_ChadFoster-03.jpg 60432 60409 0 0 https://landreport.com/2023/03/10-questions-chad-foster/lr_mountainridge_uvalde/ Wed, 01 Mar 2023 18:04:21 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_MountainRidge_Uvalde.jpg 60433 60409 0 0 https://landreport.com/2023/03/10-questions-chad-foster/1350_mountainridge_814_uvalde_as-312/ Wed, 01 Mar 2023 18:06:39 +0000 https://landreport.com/wp-content/uploads/2023/03/1350_MountainRidge_814_Uvalde_AS-312.jpg 60434 60409 0 0 https://landreport.com/2023/03/10-questions-chad-foster/lr_port-lavaca-on-the-powderhorn-02/ Wed, 01 Mar 2023 18:17:42 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_Port-Lavaca-on-the-Powderhorn-02.jpg 60435 60409 0 0 https://landreport.com/2023/03/10-questions-chad-foster/lr_1mountainridge_uvalde_03/ Wed, 01 Mar 2023 18:22:59 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_1MountainRidge_Uvalde_03.jpg 60436 60409 0 0 https://landreport.com/2023/03/gopherridge/svn_logo/ Fri, 03 Mar 2023 23:13:34 +0000 https://landreport.com/wp-content/uploads/2023/03/SVN_Logo.png 60539 60534 0 0 https://landreport.com/2023/03/gopherridge/lr_gopher_ridge-01/ Sat, 04 Mar 2023 20:02:47 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_Gopher_Ridge-01.jpg 60562 60534 0 0 https://landreport.com/2023/03/gopherridge/lr_gopher_ridge-01-2/ Sat, 04 Mar 2023 20:03:38 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_Gopher_Ridge-01-1.jpg 60563 60534 0 0 https://landreport.com/2023/03/gopherridge/lr_gopher_ridge-02/ Sat, 04 Mar 2023 20:03:47 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_Gopher_Ridge-02.jpg 60564 60534 0 0 https://landreport.com/2023/03/gopherridge/lr_gopher_ridge-03/ Sat, 04 Mar 2023 20:04:12 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_Gopher_Ridge-03.jpg 60565 60534 0 0 https://landreport.com/2023/03/gopherridge/lr_gopher_ridge-04/ Sat, 04 Mar 2023 20:04:34 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_Gopher_Ridge-04.jpg 60566 60534 0 0 https://landreport.com/2023/03/gopherridge/lr_gopher_ridge-05/ Sat, 04 Mar 2023 20:04:58 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_Gopher_Ridge-05.jpg 60567 60534 0 0 https://landreport.com/2023/03/gopherridge/lr_gopher_ridge-07/ Sat, 04 Mar 2023 20:05:19 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_Gopher_Ridge-07.jpg 60568 60534 0 0 https://landreport.com/2023/03/gopherridge/lr_gopher_ridge-08/ Sat, 04 Mar 2023 20:05:42 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_Gopher_Ridge-08.jpg 60569 60534 0 0 https://landreport.com/2023/03/gopherridge/lr_gopher_ridge-09/ Sat, 04 Mar 2023 20:06:05 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_Gopher_Ridge-09.jpg 60570 60534 0 0 https://landreport.com/2023/03/gopherridge/lr_gopher_ridge-10/ Sat, 04 Mar 2023 20:06:38 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_Gopher_Ridge-10.jpg 60571 60534 0 0 https://landreport.com/westervelts/lr_svn_logo/ Sat, 04 Mar 2023 21:44:10 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_SVN_logo.png 60579 60383 0 0 https://landreport.com/2023/03/sealed-bid-hangar-bozeman-yellowstone/lr_2023_ridgelineaviation_photos_connor_hrselect-0053/ Wed, 15 Mar 2023 04:17:20 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_2023_RidgelineAviation_Photos_Connor_HRSelect-0053.jpg 60644 60634 0 0 https://landreport.com/2023/03/sealed-bid-hangar-bozeman-yellowstone/lr_2023_ridgelineaviation_photos_connor_hrselect-0061/ Wed, 15 Mar 2023 04:17:31 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_2023_RidgelineAviation_Photos_Connor_HRSelect-0061.jpg 60645 60634 0 0 https://landreport.com/2023/03/sealed-bid-hangar-bozeman-yellowstone/lr_2023_ridgelineaviation_photos_connor_hrselect-00774/ Wed, 15 Mar 2023 04:17:42 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_2023_RidgelineAviation_Photos_Connor_HRSelect-00774.jpg 60646 60634 0 0 https://landreport.com/2023/03/sealed-bid-hangar-bozeman-yellowstone/lr_2023_ridgelineaviation_photos_connor_hrselect-00780/ Wed, 15 Mar 2023 04:17:51 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_2023_RidgelineAviation_Photos_Connor_HRSelect-00780.jpg 60647 60634 0 0 https://landreport.com/2023/03/sealed-bid-hangar-bozeman-yellowstone/lr_2023_ridgelineaviation_photos_connor_hrselect-0784/ Wed, 15 Mar 2023 04:18:02 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_2023_RidgelineAviation_Photos_Connor_HRSelect-0784.jpg 60648 60634 0 0 https://landreport.com/?attachment_id=60662 Thu, 16 Mar 2023 16:34:59 +0000 https://landreport.com/wp-content/uploads/2022/05/BELL_CORP_Workweek-Weekend-Heli_230316_R00_300x250.jpg 60662 18637 0 0 https://landreport.com/lykes/lr_lykesheirs/ Mon, 20 Mar 2023 16:30:26 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_LykesHeirs.jpg 60703 60622 0 0 https://landreport.com/2007/08/harrison-ford-crafts-a-masterpiece/lr_harrison_ford_01/ Tue, 21 Mar 2023 18:47:41 +0000 https://landreport.com/wp-content/uploads/2007/08/LR_Harrison_Ford_01.jpg 60720 51890 0 0 https://landreport.com/2007/08/harrison-ford-crafts-a-masterpiece/lr_harrison_ford_02/ Tue, 21 Mar 2023 19:01:53 +0000 https://landreport.com/wp-content/uploads/2007/08/LR_Harrison_Ford_02.jpg 60728 51890 0 0 https://landreport.com/2007/08/harrison-ford-crafts-a-masterpiece/moose-in-snake-river-near-mount-moran/ Tue, 21 Mar 2023 19:04:34 +0000 https://landreport.com/wp-content/uploads/2007/08/Harrison-Ford-moose.jpg 60730 51890 0 0 https://landreport.com/2007/08/harrison-ford-crafts-a-masterpiece/moose-in-snake-river-near-mount-moran-2/ Tue, 21 Mar 2023 19:05:10 +0000 https://landreport.com/wp-content/uploads/2007/08/LR_Harrison_Ford_02-Moose.jpg 60731 51890 0 0 https://landreport.com/2007/08/harrison-ford-crafts-a-masterpiece/harrison-ford-with-horse/ Tue, 21 Mar 2023 19:22:08 +0000 https://landreport.com/wp-content/uploads/2007/08/LR_Harrison_Ford_03.jpg 60736 51890 0 0 https://landreport.com/2007/08/harrison-ford-crafts-a-masterpiece/lr-cover-aug-qxplayout-1/ Tue, 21 Mar 2023 19:28:20 +0000 https://landreport.com/wp-content/uploads/2007/08/LR_HarrisonFord_Cover.jpg 60737 51890 0 0 https://landreport.com/2007/08/harrison-ford-crafts-a-masterpiece/harrison-ford-at-log-cabin/ Tue, 21 Mar 2023 19:40:02 +0000 https://landreport.com/wp-content/uploads/2007/08/LR_Harrison_Ford_04.jpg 60746 51890 0 0 https://landreport.com/2007/08/harrison-ford-crafts-a-masterpiece/harrison-ford-by-stream/ Tue, 21 Mar 2023 20:06:01 +0000 https://landreport.com/wp-content/uploads/2007/08/LR_Harrison_Ford_01-2.jpg 60762 51890 0 0 https://landreport.com/2023/03/sealed-bid-hangar-bozeman-yellowstone/schrader_logo/ Wed, 22 Mar 2023 14:01:34 +0000 https://landreport.com/wp-content/uploads/2023/03/Schrader_Logo.png 60793 60634 0 0 https://landreport.com/2023/03/east-foundation-earns-aro-status/lr_east-branding-horizontal/ Thu, 23 Mar 2023 20:11:30 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_East-branding-horizontal.jpg 60836 60813 0 0 https://landreport.com/2023/03/east-foundation-earns-aro-status/lr_east-branding-vertical/ Thu, 23 Mar 2023 20:11:41 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_East-branding-vertical.jpg 60837 60813 0 0 https://landreport.com/2023/03/east-foundation-earns-aro-status/lr_eastfoundation-01/ Thu, 23 Mar 2023 20:11:54 +0000 https://landreport.com/wp-content/uploads/2023/03/LR_EastFoundation-01.jpg 60838 60813 0 0 https://landreport.com/2012/05/high-tide-for-descendants/lr_george-clooney_descendants/ Fri, 24 Mar 2023 20:57:19 +0000 https://landreport.com/wp-content/uploads/2012/05/LR_George-Clooney_Descendants.jpg 60852 6363 0 0 https://landreport.com/2012/05/high-tide-for-descendants/lr_george-clooney_descendants-2/ Fri, 24 Mar 2023 21:00:37 +0000 https://landreport.com/wp-content/uploads/2012/05/LR_George-Clooney_Descendants-1.jpg 60853 6363 0 0 https://landreport.com/2012/05/high-tide-for-descendants/lr_descendants-beach-walk/ Fri, 24 Mar 2023 21:01:03 +0000 https://landreport.com/wp-content/uploads/2012/05/LR_Descendants-beach-walk.jpg 60854 6363 0 0 https://landreport.com/2012/05/high-tide-for-descendants/lr_descendants_vertical/ Fri, 24 Mar 2023 21:03:21 +0000 https://landreport.com/wp-content/uploads/2012/05/LR_Descendants_vertical.jpg 60856 6363 0 0 https://landreport.com/2012/05/high-tide-for-descendants/lr_alexander-stone/ Fri, 24 Mar 2023 21:08:13 +0000 https://landreport.com/wp-content/uploads/2012/05/LR_Alexander-Stone.jpg 60857 6363 0 0 https://landreport.com/2012/05/high-tide-for-descendants/lr_george-clooney_descendants_long/ Fri, 24 Mar 2023 21:10:35 +0000 https://landreport.com/wp-content/uploads/2012/05/LR_George-Clooney_Descendants_Long.jpg 60858 6363 0 0 https://landreport.com/2023/03/land-report-march-2023-newsletter/lr_newsletter-0323/ Thu, 30 Mar 2023 17:05:34 +0000 https://landreport.com/wp-content/uploads/2023/02/LR_Newsletter-0323.jpg 60959 60319 0 0 https://landreport.com/2023/03/lykes-bros-nature-conservancy-chaparral-slough/lr_lykes-brothers_carlton-ward-jr_path-of-the-panther-01/ Mon, 03 Apr 2023 05:09:20 +0000 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Gopher Ridge

Located immediately north of Immokalee, Gopher Ridge is in the middle of Florida’s fruit and …

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The beautiful Yellowstone River Ranch (Double AA) Ranch is one of the most majestic and …

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]]> 21118 0 0 0 Trey Bonner
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Elk Creek Ranch Acquires Seven Lakes

For those who are passionate about outdoor pursuits, the next great adventure can’t come soon enough.

Read More ]]> 56503 0 0 0 https://landreport.com/?elementor_library=default-post-archive Thu, 01 Sep 2022 01:43:20 +0000 https://landreport.com/?elementor_library=default-post-archive 57384 0 0 0 https://landreport.com/?elementor_library=land-report-100 Wed, 21 Sep 2022 17:52:20 +0000 https://landreport.com/?post_type=elementor_library&p=57934

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Working Forest Fund

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Taylor Sheridan Takes the Reins at the Four Sixes

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Ted Turner Reserves

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King Ranch Art

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Galloo Island

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2022 Deal of the Year: Bluesource Acquires Forestland Group Portfolio

Just a 45-minute drive from the tall tales of Washington, D.C., Maryland’s tall trees beckoned Jamie Houston IV. A lifelong forester, Houston lives for long woodsy walks. Growing up in Mississippi, he often ventured into …

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2022 Conservation Deal of the Year: Keweenaw Heartlands

Preserving the Keweenaw Heartlands has long been a top priority of The Nature Conservancy (TNC). In 1975, TNC acquired 5,900 acres at the base of the Upper Michigan’s Keweenaw Peninsula, which it subsequently transferred to …

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East Foundation Earns ARO Status

The East family’s Diamond Bar brand has long set a standard of excellence. Throughout the 20th century, Tom T. East Sr., Alice Gertrudis Kleberg East, and their descendants forged a reputation as pioneering South Texas …

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The American Landowner: Jimmy John Liautaud

Between his famous sandwiches and his colorful persona, you probably think you know Jimmy John. Maybe you’ve chomped one of the meaty creations that his eponymous empire has hand-sliced and delivered – “freaky fast” – …

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King Ranch Art

King Ranch chose to celebrate the centennial of the current Main House by commissioning an original painting. It’s a tradition that harkens back to the grand estates of Europe. King Ranch has long used artwork …

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Farmer Bill

Call it a hunch, but the story did not jibe. I scanned the headline for the umpteenth time and then read and reread the pertinent details. Something was missing. Either that or I had a …

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Texas Parks and Wildlife Votes to Condemn Fairfield Lake

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Texas Land Values Increase

Sold! Todd Interests Buys Fairfield Lake

News Desk Texas Parks and Wildlife Votes to Condemn Fairfield Lake News Desk Farmland Partners Pockets $3.7 Million News Desk Texas Land Values Increase News Desk Sold! Todd Interests Buys Fairfield Lake News Desk Estrada Ranch Permanently Protected News Desk Governors Announce Plan to Protect Lower Colorado River News Desk Arthur Blank Donates Record-Setting Conservation Easement Farmland Farmland Partners Nets 24% Gain Farmland Farmland Values Increase 10 Percent in Seventh District News Desk Wellington Equestrian Market Jumps to $692,000 Per Acre News Desk Dumbbell Ranch Under Contract News Desk Sold! John Wayne’s Ranch

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2022 Deal of the Year: Bluesource Acquires Forestland Group Portfolio

Just a 45-minute drive from the tall tales of …

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2022 Conservation Deal of the Year: Keweenaw Heartlands

Preserving the Keweenaw Heartlands has long been a top …

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King Ranch Art

King Ranch chose to celebrate the centennial of the …

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Galloo Island

More than two decades had passed since Mike Patten …

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XIT Ranch

Drew Knowles has a lot on his mind. He’s …

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The sale of the Beaverhead Ranch by Matador Cattle …

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Moore Family Negotiates Conservation Easement

2022 Deal of the Year: Bluesource Acquires Forestland Group Portfolio

2022 Conservation Deal of the Year: Keweenaw Heartlands

Texas Parks and Wildlife Votes to Condemn Fairfield Lake

Farmland Partners Pockets $3.7 Million

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View Ranchland View Farmland View Timberland Sporting Properties Estates BACK TO TOP ]]> 45 0 0 0 https://landreport.com/subscribe/ Thu, 19 May 2022 06:46:14 +0000 https://thelandreport.c51dev.com/?page_id=20695 Subscribe to The Land Report

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]]> 20695 0 0 0 Get the Magazine of the American Landowner delivered to your doorstep including special issues and the Land Report 100.<\/p>

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Land Brokers by Region

Pacific

Great Plains

Northeast

West

Great Lakes

South

Southwest

Midwest

International

Top Land Resources

Auctioneers

Forestry, Timber

Aviation & Jet Services

Log Homes, Timber Frames

Banking & Lending

Furniture, Home Furnishings

General Land Directory

• 1031 Exchange Solutions
• Ag Equipment Dealers/Manufacturers
• Architects/Custom Builders/General Construction
• Art and Collectibles
• Attorneys
• ATV/UTV Dealers/Manufacturers
• Auctioneers
• Aviation, Jet Services
• Banking/Lending
• Clothing/Boots/Gear
• Conservation Strategies
• Consultants
• Custom Vendors i.e. Saddles, Leather, Western Furniture, Artists etc.
• Equestrian Supply/Tack
• Estate Planning
• Fencing
• Fisheries Management
• Fishing Lodges and Camps
• Food, Wine, Spirits
• Forestry/Timber
• Furniture/ Home Furnishings/ Decorative Art
• Golf
• Great Lakes Land Brokers
• Great Plains Land Brokers
• Guns and Firearm Equipment
• Health and Wellness
• Home Energy – Wood burning, pellet stoves, solar suppliers etc.
• Hunting Lodges and Camps
• Insurance

• Lake and Pond Management
• Land & Ranchland Services
• Land Brokers
• Land Investment Companies
• Land Management
• Land Survey Companies
• Log Homes/Timber Frame Structures
• Luxury and Dude Ranches
• Mapping and GIS Services
• Midwest Land Brokers
• Moving Companies/Relocation
• Northeast Land Brokers
• Outbuildings & Barns, Steel Buildings
• Outfitters/Fly shops/Guide Services
• Pacific Land Brokers
• Photography & Videography
• Ranching suppliers, cattle guards etc.
• Real Estate
• Recreational Real Estate
• Soil and Water Testing Labs
• South Land Brokers
• Southwest Land Brokers
• Tax Deferral Strategies
• Waterfront & Estate Properties
• Web and Social Media Services
• West Land Brokers
• Whitewater rafting

]]> 28520 0 0 0

1031 Exchange Solutions<\/a><\/li>

Ag Equipment Dealers\/Manufacturers<\/a><\/li>

Architects\/Custom Builders\/General Construction<\/a><\/li>

Art and Collectibles<\/a><\/li>

Attorneys<\/a><\/li>

ATV\/UTV Dealers\/Manufacturers<\/a><\/li>

Auctioneers<\/a><\/li>

Aviation, Jet Services<\/a><\/li>

Banking\/Lending<\/a><\/li>

Clothing\/Boots\/Gear<\/a><\/li>

Conservation Strategies<\/a><\/li>

Consultants<\/a><\/li>

Custom Vendors i.e. Saddles, Leather, Western Furniture, Artists etc.<\/a><\/li>

Equestrian Supply\/Tack<\/a><\/li>

Estate Planning<\/a><\/li>

Fencing<\/a><\/li>

Fisheries Management<\/a><\/li>

Fishing Lodges and Camps<\/a><\/li>

Food, Wine, Spirits<\/a><\/li>

Forestry\/Timber<\/a><\/li>

Furniture\/ Home Furnishings\/ Decorative Art<\/a><\/li>

Golf<\/a><\/li>

Great Lakes Land Brokers<\/a><\/li>

Great Plains Land Brokers<\/a><\/li>

Guns and Firearm Equipment<\/a><\/li>

Health and Wellness<\/a><\/li>

Home Energy \u2013 Wood burning, pellet stoves, solar suppliers etc.<\/a><\/li>

Hunting Lodges and Camps<\/a><\/li>

Insurance<\/a><\/li><\/ul>","typography_typography":"custom","typography_font_family":"Source Sans Pro","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"3d21f42"}]},"elements":[],"widgetType":"text-editor"}],"isInner":true},{"id":"7d0086b","elType":"column","settings":{"_column_size":50,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"2fdabd8"}]},"elements":[{"id":"dfae6ee","elType":"widget","settings":{"editor":"

• Lake and Pond Management<\/a><\/li>
• Land & Ranchland Services<\/a><\/li>
• Land Brokers<\/a><\/li>
• Land Investment Companies<\/a><\/li>
• Land Management<\/a><\/li>
• Land Survey Companies<\/a><\/li>
• Log Homes\/Timber Frame Structures<\/a><\/li>
• Luxury and Dude Ranches<\/a><\/li>
• Mapping and GIS Services<\/a><\/li>
• Midwest Land Brokers<\/a><\/li>
• Moving Companies\/Relocation<\/a><\/li>
• Northeast Land Brokers<\/a><\/li>
• Outbuildings & Barns, Steel Buildings<\/a><\/li>
• Outfitters\/Fly shops\/Guide Services<\/a><\/li>
• Pacific Land Brokers<\/a><\/li>
• Photography & Videography<\/a><\/li>
• Ranching suppliers, cattle guards etc.<\/a><\/li>
• Real Estate<\/a><\/li>
• Recreational Real Estate<\/a><\/li>
• Soil and Water Testing Labs<\/a><\/li>
• South Land Brokers<\/a><\/li>
• Southwest Land Brokers<\/a><\/li>
• Tax Deferral Strategies<\/a><\/li>
• Waterfront & Estate Properties<\/a><\/li>
• Web and Social Media Services<\/a><\/li>
• West Land Brokers<\/a><\/li>
• Whitewater rafting<\/a><\/li><\/ul>","typography_typography":"custom","typography_font_family":"Source Sans Pro","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"3d21f42"}]},"elements":[],"widgetType":"text-editor"}],"isInner":true}],"isInner":true}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2022-spring-edition-issue/ Wed, 08 Jun 2022 11:37:52 +0000 https://thelandreport.c51dev.com/?page_id=28554 WHO ARE AMERICA’S BEST BROKERAGES & WHAT WERE THE TOP LAND DEALS OF 2021? Hundreds of award-winning brokerages are showcased in our yearly reveal of the top land sales firms in the country. From nationally recognized names to regional to statewide and market niche players, we cover them north, east, west, and south. This is truly a “can’t miss” issue!
  • Space Reservation Deadline: May 23rd
  • Ad Materials Deadline: May 27th
  • On Sale: June 20th

  For more information, contact Eddie Lee Rider, (205) 908-9872 • publisher@landreport.com

  ]]> 28554 0 0 0 For more information, contact Eddie Lee Rider, (205) 908-9872<\/a> \u2022 publisher@landreport.com<\/a><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"8dda779","display_condition_key":"role","display_condition_operator":"is","display_condition_operator_advanced_date":"less","display_condition_date":"05-10-2022","display_condition_day":"monday","display_condition_role":"subscriber","display_condition_browser":"chrome","display_condition_operating_system":"mac_os","display_condition_date_range":"05-10-2022 to 07-10-2022","display_condition_page":"","display_condition_post":"","display_condition_static_page":"home","display_condition_time_span_start":"10:00","display_condition_time_span_end":"11:00","display_condition_visitor_type":"new","display_condition_request_parameter_key":"","display_condition_request_parameter_value":"","display_condition_advanced_date":"05-10-2022","display_condition_geolocation":"","display_condition_acf_text_key":"","display_condition_acf_text_value":""}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/enews-signup/ Wed, 08 Jun 2022 11:53:39 +0000 https://thelandreport.c51dev.com/?page_id=28563 Please sign me up to receive breaking news and updates from the Land Report! Sign Up Now

  For Email Marketing you can trust.

  ]]> 28563 0 0 0 For Email Marketing you can trust.<\/p>","align":"center","typography_typography":"custom","typography_font_family":"Source Sans Pro","typography_font_size":{"unit":"px","size":12,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"57caf12"}],"text_color":"#999999"},"elements":[],"widgetType":"text-editor"}],"isInner":true}],"isInner":true}],"isInner":false}],"isInner":false}]]]> https://landreport.com/about-us/press-releases/ Wed, 08 Jun 2022 12:12:36 +0000 https://thelandreport.c51dev.com/?page_id=28590 62 families own a surprisingly large chunk of US land, and much of it has been passed down since the 19th century Read More March 5, 2019

  The Celebrity Premium Myth And Why Michael Jackson’s Neverland Ranch Is Finally Priced To Sell

  Read More January 29, 2019

  America’s Leading Landowners Add More Than 1 Million Acres

  Read More September 28, 2018

  Bill Gates Spent $171 Million on Washington Farmland, Report Says

  Read More December 21, 2017

  American land barons: 100 wealthy families now own nearly as much land as that of New England

  Read More July 31, 2018

  Here’s How America Uses Its Land

  Read More August 1, 2018

  Are America’s Public Lands Really “Royal Forests?”

  Read More October 17, 2017

  How to Make Money Like Amazon Billionaire Jeff Bezos

  Read More January 29, 2019

  Top landowners gained the equivalent of 5 New York cities in 2018

  Read More November 12, 2015

  The Land Report featured on CNBC “Meet the Biggest Land Owners in the US”

  Read More November 3, 2015

  The Land Report in Forbes Magazine “America’s Largest Landowners”

  Read More October 19, 2015

  The Wall Street Journal: Deal of The Year

  Read More March 23, 2015

  PR Newswire — Now Available — The Land Report: TEXAS Edition “The Magazine of the Texas Landowner” Highlights the 2015 Texas 10

  Read More July 9, 2014

  The Land Report Names America’s Best Land Brokerages

  Read More ]]> 28590 28609 0 0 https://landreport.com/about-us/ Wed, 08 Jun 2022 12:29:23 +0000 https://thelandreport.c51dev.com/?page_id=28609 The American Landowner
  The American landowner belongs to an exclusive club. Membership is as varied as lifestyle and locale, but what unites all landowners is a passion for a piece of property. The reasons to buy land are as diverse as the topography of our great country. Some invest. Others like to get their hands dirty. Then there are the folks who just want to get away from it all. The Land Report is for all of them, the Magazine of the American Landowner.

  The Land Report Print Edition
  The Land Report profiles passionate landowners, identifies investment opportunities, explains ways to improve and conserve land, provides legislative updates, and highlights great gear and equipment.

  LandReport.com
  LandReport.com is the official website for the Magazine of the American Landowner. 

  Leadership

  Eric O’Keefe, Editor
  Eric's analysis of trends and transactions has been chronicled by Bloomberg News and in the pages of The New York Times, The Wall Street Journal, and Investor’s Business Daily, among others. editor@landreport.com

  Eddie Lee Rider Jr., Publisher
  A media specialist with more than 30+ years' experience, Eddie is responsible for developing publications such as Bass Pro Shops OUTDOOR WORLD, Cabela’s Outfitter’s Journal, Mossy Oak’s Hunting The Country, Remington Country, Predator Xtreme, Advanced Bass Strategies, and PBR Professional Bullrider, to name a few. publisher@landreport.com

  Land Report 100

  Ted Turner Reserves

  Ted Turner was country before country was cool. Today, everyone from hipsters to corporate CEOs …

  Land Report 100

  Galloo Island

  More than two decades had passed since Mike Patten and his son John set foot …

  Land Report 100

  King Ranch Art

  King Ranch chose to celebrate the centennial of the current Main House by commissioning an …

  Ranchland Portfolio

  Forest Park Ranch

  Forest Park Ranch encompasses 2,215 deeded acres of exceptional well-maintained land and has all the …

  ]]> 28609 0 0 0 The American Landowner
  <\/strong>The American landowner belongs to an exclusive club. Membership is as varied as lifestyle and locale, but what unites all landowners is a passion for a piece of property. The reasons to buy land are as diverse as the topography of our great country. Some invest. Others like to get their hands dirty. Then there are the folks who just want to get away from it all. The Land Report is for all of them, the Magazine of the American Landowner.<\/span><\/p>

  The Land Report Print Edition
  <\/strong>The Land Report profiles passionate landowners, identifies investment opportunities, explains ways to improve and conserve land, provides legislative updates, and highlights great gear and equipment.<\/p>

  LandReport.com
  <\/strong>LandReport.com is the official website for the Magazine of the American Landowner.\u00a0<\/p>

  Leadership<\/h2>

  Eric O\u2019Keefe<\/strong>, Editor
  Eric's analysis of trends and transactions has been chronicled by Bloomberg News and in the pages of The New York Times<\/em>,\u00a0The Wall Street Journal<\/em>, and Investor\u2019s Business Daily, <\/em>among others. editor@landreport.com<\/a><\/p>

  Eddie Lee Rider Jr.<\/strong>, Publisher
  A media specialist with more than 30+ years' experience, Eddie is responsible for developing publications such as Bass Pro Shops OUTDOOR WORLD<\/i>, Cabela\u2019s Outfitter\u2019s Journal<\/i>, Mossy Oak\u2019s Hunting The Country<\/i>, Remington Country<\/i>, Predator Xtreme<\/i>, Advanced Bass Strategies<\/i>, and PBR Professional Bullrider,<\/i> to name a few. publisher@landreport.com<\/a><\/p><\/div>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0497aa4"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false},{"id":"3b82225","elType":"column","settings":{"_column_size":33,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"f7c3952"}]},"elements":[{"id":"2ca9acd","elType":"widget","settings":{"template_id":"18623","_margin":{"unit":"px","top":"0","right":"0","bottom":"0","left":"0","isLinked":true},"_padding":{"unit":"px","top":"0","right":"0","bottom":"0","left":"0","isLinked":true},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"386ec12"}]},"elements":[],"widgetType":"template"},{"id":"35b9b9a","elType":"widget","settings":{"template_id":"18321","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d5a360e"}],"_z_index":5,"sticky":"top","sticky_on":["desktop"],"sticky_offset":60,"sticky_parent":"yes","_margin":{"unit":"px","top":"0","right":"0","bottom":"0","left":"0","isLinked":true},"_padding":{"unit":"px","top":"0","right":"0","bottom":"0","left":"0","isLinked":true}},"elements":[],"widgetType":"template"}],"isInner":false}],"isInner":false},{"id":"5382994","elType":"section","settings":{"structure":"20","margin":{"unit":"px","top":"10","right":0,"bottom":"0","left":0,"isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"2dcac45"}],"padding_mobile":{"unit":"px","top":"10","right":"10","bottom":"10","left":"10","isLinked":true}},"elements":[{"id":"d8441ca","elType":"column","settings":{"_column_size":50,"_inline_size":75,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"7f83124"}]},"elements":[{"id":"2175095","elType":"widget","settings":{"classic_posts_per_page":3,"classic_equal_grid_height":"yes","query_exclude_current":"yes","orderby":"rand","no_results_text":"Sorry, we couldn't find any posts. 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  ● With a background in citrus growing and cattle ranching, Dr. Howell Tyson Lykes and his sons started Lykes Brothers in 1900 outside Tampa, Florida. The organization has grown into a diverse enterprise with approximately 610,000 total acres in Florida and West Texas. ● Lykes Brothers remains a family-owned and managed business. In addition to citrus and cattle, the company has expanded into farming, forestry, land and water resource management, and recreational hunting. The family’s Florida ranch sprawls across 337,000 acres and forms one of the largest contiguous tracts of private land in the state.

  Dr. Howell Tyson Lykes

  Upon the death of his father in 1876, Dr. Howell Tyson Lykes inherited 500 acres of farm land near Brooksville, Florida, north of Tampa. Lykes gave up his medical practice to focus on running the farm, particularly on the growing business of raising cattle for export to Cuba. His two eldest sons opened an office in Havana in 1900 and began doing business as Lykes Brothers. Eventually, all seven brothers joined the family operations, which was officially incorporated in 1910.

  Texas Expansion

  In 1941, Lykes Brothers purchased the nearly 265,000-acre O2 Ranch south of Alpine, Texas (it has since been increased to 272,000 acres). Lykes Brothers utilized the land for a cattle operation until 1965, at which time the company began leasing the land for hunting and grazing. Hunting continues there today, but in 1998 grazing rights were ended and Lykes began a long-term program to restore the land to its native condition and focus on wildlife management.

  Lykes Ranch

  The family’s Florida property is home to cattle, forestry, sugar cane, and landscape operations. In recent years, the company has moved into bioenergy crops, water storage, and environmentally friendly landscape products. In 2019, fifth-generation Floridian Johnnie James Jr. became the company’s president and CEO, and has helped lead a public-private partnership to improve water storage and treatment from Lake Okeechobee.

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  Dr. Howell Tyson Lykes<\/h2>

  Upon the death of his father in 1876, Dr. Howell Tyson Lykes inherited 500 acres of farm land near Brooksville, Florida, north of Tampa. Lykes gave up his medical practice to focus on running the farm, particularly on the growing business of raising cattle for export to Cuba. His two eldest sons opened an office in Havana in 1900 and began doing business as Lykes Brothers. Eventually, all seven brothers joined the family operations, which was officially incorporated in 1910.<\/p>

  Texas Expansion<\/h2>

  In 1941, Lykes Brothers purchased the nearly 265,000-acre O2 Ranch south of Alpine, Texas (it has since been increased to 272,000 acres). Lykes Brothers utilized the land for a cattle operation until 1965, at which time the company began leasing the land for hunting and grazing. Hunting continues there today, but in 1998 grazing rights were ended and Lykes began a long-term program to restore the land to its native condition and focus on wildlife management.<\/p>

  Lykes Ranch<\/h2>

  The family\u2019s Florida property is home to cattle, forestry, sugar cane, and landscape operations. In recent years, the company has moved into bioenergy crops, water storage, and environmentally friendly landscape products. In 2019, fifth-generation Floridian Johnnie James Jr. became the company\u2019s president and CEO, and has helped lead a public-private partnership to improve water storage and treatment from Lake Okeechobee. <\/span><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"f45f76b","display_condition_date":"25-09-2022","display_condition_date_range":"25-09-2022 to 27-09-2022","display_condition_advanced_date":"25-09-2022"}],"_margin":{"unit":"px","top":"16","right":"0","bottom":"0","left":"0","isLinked":false},"_padding":{"unit":"px","top":"0","right":"0","bottom":"0","left":"0","isLinked":true},"drop_cap_space":{"unit":"px","size":8,"sizes":[]},"drop_cap_border_radius":{"unit":"%","size":5,"sizes":[]},"drop_cap_typography_typography":"custom","drop_cap_typography_font_size":{"unit":"px","size":80,"sizes":[]},"drop_cap_typography_line_height":{"unit":"em","size":0.8,"sizes":[]},"drop_cap_typography_word_spacing":{"unit":"em","size":0,"sizes":[]}},"elements":[],"widgetType":"text-editor"},{"id":"401ec22","elType":"widget","settings":{"title":"RELATED ARTICLES","title_color":"#AC8E49","typography_typography":"custom","typography_font_family":"Source Sans Pro","typography_font_size":{"unit":"px","size":14,"sizes":[]},"typography_font_weight":"900","typography_font_size_tablet":{"unit":"px","size":"35","sizes":[]},"typography_font_size_mobile":{"unit":"px","size":16,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"486746f","display_condition_date":"25-09-2022","display_condition_date_range":"25-09-2022 to 27-09-2022","display_condition_advanced_date":"25-09-2022"}],"align":"center","typography_line_height":{"unit":"px","size":18,"sizes":[]},"typography_letter_spacing":{"unit":"px","size":0.8,"sizes":[]},"_css_classes":"title-with-border","_margin":{"unit":"px","top":"-31","right":"0","bottom":"0","left":"0","isLinked":false}},"elements":[],"widgetType":"heading"},{"id":"187c59e","elType":"widget","settings":{"classic_posts_per_page":6,"classic_equal_grid_height":"yes","query_exclude_current":"yes","orderby":"rand","no_results_text":"Sorry, we couldn't find any posts. 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INC. has partnered with The Nature Conservancy to protect a critical 6,859-acre wildlife corridor in Southwest Florida known as Chaparral Slough. Photo Credit: Carlton Ward Jr. / Path of the Panther]]> https://landreport.com/2023-spring-edition-issue/ Wed, 08 Jun 2022 11:37:52 +0000 https://landreport.com/2022-spring-edition-issue-2/ WHO ARE AMERICA’S BEST BROKERAGES & WHAT WERE THE TOP LAND DEALS OF 2022?

  A complete list of the nation's top land brokerages for recreational tracts, ag and farmland, timberland, ranches and resorts, live water properties and more!

  • Space Reservation Deadline: May 15th
  • Ad Materials Deadline: May 19th
  • On Sale: June 15th

  For more information, contact Eddie Lee Rider, (205) 908-9872 • publisher@landreport.com

  ]]> 61118 0 0 0 WHO ARE AMERICA\u2019S BEST BROKERAGES & WHAT WERE THE TOP LAND DEALS OF 2022?<\/h2>

  A complete list of the nation's top land brokerages for recreational tracts, ag and farmland, timberland, ranches and resorts, live water properties and more!<\/p>

  • Space Reservation Deadline: May 15th<\/li>
  • Ad Materials Deadline: May 19th<\/li>
  • On Sale: June 15th<\/li><\/ul>

    For more information, contact Eddie Lee Rider, (205) 908-9872<\/a> \u2022 publisher@landreport.com<\/a><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"52ba8c4"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2023-summer-edition-issue/ Wed, 08 Jun 2022 11:37:52 +0000 https://landreport.com/2023-spring-edition-issue-2/ Featuring The Best Hunting & Fishing Properties on the Market Today!

    Trout Stream Getaways, Trophy Elk Lands, Whitetail Hotspots, Duck Clubs, Upland Bird Plantations, Bass Fishing Honeyholes 'N More

    • Space Reservation Deadline: July 17th
    • Ad Materials Deadline: July 21st
    • On Sale: August 15th

    For more information, contact Eddie Lee Rider, (205) 908-9872 • publisher@landreport.com

    ]]> 61567 0 0 0 Featuring The Best Hunting & Fishing Properties on the Market Today!<\/h2>\n

    Trout Stream Getaways, Trophy Elk Lands, Whitetail Hotspots, Duck Clubs, Upland Bird Plantations, Bass Fishing Honeyholes 'N More<\/p>\n

    \n
    • Space Reservation Deadline: July 17th<\/li>\n
    • Ad Materials Deadline: July 21st<\/li>\n
    • On Sale: August 15th<\/li>\n<\/ul>\n

      For more information, contact Eddie Lee Rider, (205) 908-9872<\/a> \u2022 publisher@landreport.com<\/a><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"50f8d11"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/testimonials-new/ Wed, 08 Jun 2022 12:31:03 +0000 https://thelandreport.c51dev.com/?page_id=28611 “The Land Report is one of the best publications to advertise our great ranches of Texas. It’s a world-class magazine read by world-class individuals.”

      – Rick Kuper, Kuper Sotheby’s International Realty, Texas

      “Within 10 days of the ad breaking in The Land Report for a very large Mississippi hunting tract, we had several leads and the eventual buyer in hand.”

      – Tom Smith, Tom Smith Land and Homes, Mississippi

      “Landowners and brokers trust The Land Report. With page after page of analysis, trends, and well-crafted profiles, The Land Report is second to none and appeals to first-time buyers of smaller tracts as well as the nation’s leading landowners.”– C. Patrick Bates, Bates Land Consortium, Utah “The Land Report magazine has provided an essential service to a segment of real estate that has been devoid of a source of industry news and information. We have found that serious land investors read The Land Report, making it the ideal magazine in which Fay Ranches maintains a strong presence.”– Greg Fay, Fay Ranches, Montana “I’ve got a showing next week for Red Creek Ranch! Qualified lead saw the ad in The Land Report!”– Rory Burroughs, No Fences Land Company, Texas “When marketing land auctions, The Land Report and LandReport.com is the first stop for Hall & Hall Auctions! Comprehensive credibility makes The Land Report a must-buy for any land marketing program!”– Scott Shuman, Hall & Hall Auctions, Montana “I wanted you to know that Brittany and I had the opportunity to spend the weekend at Rose City with a buyer. It was interesting because when I asked him about how he found out about Rose City, he said was from last fall double spread ad we ran in The Land Report. It took him about 6 months to finally call. So, I have received a strong lead from the ad we ran last fall. Many Thanks!” – Mark Overstreet, Aspen Snowmass Sotheby’s International Realty, Colorado “The Land Report is the perfect high-end magazine for the serious land buyer. We are excited to be able to market Florida’s large acreage properties in such an impressively presented magazine that offers a strong distribution to those who are passionate about our country’s land.”– Dean Saunders, Coldwell Banker Commercial Saunders Real Estate]]> 28611 0 0 0 \u2013 Rick Kuper, Kuper Sotheby\u2019s International Realty, Texas<\/p>","text_color":"#AC8E49","typography_typography":"custom","typography_font_family":"Source Sans Pro","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6e0c9d7"}]},"elements":[],"widgetType":"text-editor"}],"isInner":true}],"isInner":true},{"id":"47b43ee","elType":"section","settings":{"structure":"20","background_background":"classic","background_color":"#F4F4F4","margin":{"unit":"px","top":"15","right":0,"bottom":"15","left":0,"isLinked":true},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dbde2f2"}]},"elements":[{"id":"7ede815","elType":"column","settings":{"_column_size":50,"_inline_size":19,"content_position":"center","align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0be9713"}]},"elements":[{"id":"bf85d49","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/09\/Tom-Smith.jpg","id":57661,"alt":"","source":"library"},"width":{"unit":"%","size":100,"sizes":[]},"space":{"unit":"px","size":200,"sizes":[]},"space_tablet":{"unit":"px","size":"","sizes":[]},"space_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"1701bad"}]},"elements":[],"widgetType":"image"}],"isInner":true},{"id":"91d772b","elType":"column","settings":{"_column_size":50,"_inline_size":81,"content_position":"center","padding":{"unit":"px","top":"20","right":"30","bottom":"20","left":"30","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0be9713"}]},"elements":[{"id":"42ed878","elType":"widget","settings":{"editor":"\u201cWithin 10 days of the ad breaking in The Land Report for a very large Mississippi hunting tract, we had several leads and the eventual buyer in hand.\u201d","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79cf126"}]},"elements":[],"widgetType":"text-editor"},{"id":"ca09ff4","elType":"widget","settings":{"editor":"

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We are excited to be able to market Florida\u2019s large acreage properties in such an impressively presented magazine that offers a strong distribution to those who are passionate about our country\u2019s land.\u201d","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79cf126"}]},"elements":[],"widgetType":"text-editor"},{"id":"a9f32f0","elType":"widget","settings":{"editor":"\u2013 Dean Saunders, Coldwell Banker Commercial Saunders Real Estate","text_color":"#AC8E49","typography_typography":"custom","typography_font_family":"Source Sans Pro","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6e0c9d7"}]},"elements":[],"widgetType":"text-editor"}],"isInner":true}],"isInner":true}],"isInner":false}],"isInner":false},{"id":"9ee67f0","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"a0c3a81"}]},"elements":[{"id":"8360208","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"cd8b210"}]},"elements":[],"isInner":false}],"isInner":false}]]]> https://landreport.com/thank-you/ Wed, 08 Jun 2022 12:56:08 +0000 https://thelandreport.c51dev.com/?page_id=28644 Thank you for your subscription. 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      VIEW OUR 2023 MEDIA GUIDE HERE TESTIMONIALS FROM OUR ADVERTISERS Licensing and Reuse of Content: Contact our official partner, Wright’s Media, about available usages, license fees, and award seal artwork at TheLandReport@wrightsmedia.com. Please note that Wright’s Media is the only authorized company that can provide The Land Report brand materials. ]]> 28658 0 0 0 Contact: Eddie Lee Rider, Publisher
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      Name(Required)

      First Last

      Email(Required) Phone(Required)We need a bit more info about your property so we can provide you with your options and an instant cash offer. Please complete this form below. If you don't have the answers handy for some of the fields below, write unknown. Lot Size (Acres)(Required)

      Are You The Property Owner?(Required)

      Yes No, I'm submitting for someone else Property is owned by a Business or Trust I'm a wholesaler who has a signed contract

      How long have you owned the property?(Required) What is the name on title with the county recorder for the property?(Required) What State is the property located in?(Required)AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces PacificWhat is the Property's Parcel Number or Tax ID (Can also be referred to as Map Number)? If you don't know - write "don't know"

      If you don't know the APN/Tax ID, what is the address of the property?

      Street Address City State / Province / Region ZIP / Postal Code

      How Did You Acquire The Property?(Required)

      Inherited Purchased Tax Auction Wholesaler with contract to buy Other

      Is the property currently listed with a real estate agent?(Required) UntitledAre there any structures or utilities on the property?(Required)Tell Us About Your Situation And What's Going On With The Property(Required)

      How Fast Do You Need To Sell?(Required)

      I need to sell ASAP! Let's get a deal done today I'd like to sell it but I'm not super rushed I don't care if it doesn't sell, just want to get an idea of the value Other

      Best Time to CallAnytimeMorningAfternoonEvening ]]> 28684 0 0 0 https://landreport.com/pd/1031-exchange-solutions/ Thu, 14 Jul 2022 12:42:11 +0000 https://thelandreport.c51dev.com/pd/1031-exchange-solutions/ 55079 0 0 0
    • Passive management
    • Tax-sheltered monthly income
    • Asset class diversification
    • Ease of ownership
    • Access to high-value real estate
    • A quick & simple way to avoid taxable boot
    As an independent wealth management firm, we focus on holistic planning solutions and fiduciary 1031 exchange consulting. Unlike most financial firms, with parent companies or broker/dealer affiliations, Clark Wealth Strategies operates in accordance with the fiduciary standard. Our legal obligation to put our clients’ interests first sets us apart in a crowded field of investment advisors. This allows us to operate without conflict of interest and focus solely on our clients’ success. We appreciate the vision and hard work of the Land Report and are excited to be part of the team. If you or your clients might benefit from our fiduciary 1031 exchange process, we look forward to speaking with you. Dave David B. Clark President Clark Wealth Strategies, Inc. 12020 Shamrock Plaza, Suite 200 Omaha, NE 68154 www.ClarkWealthStrategies.com www.Fiduciary1031.com 402.504.3531";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:0:"";}]]> About Kay Properties and www.kpi1031.com Kay Properties has helped thousands of 1031 exchange investors nationwide access management free 1031 DST, TIC and NNN Properties - No More Tenants, Toilets and Trash, Monthly Income Potential, Tenants include Amazon, FedEx, Dollar General, Walgreens and CVS Types of 1031 Properties: Triple Net Leases (NNN), Multifamily, Self-Storage, Medical and Industrial. Close your 1031 in 2-3 Days. Get a FREE book on 1031 exchanges by calling 1.855.899.4597 or visit www.kpi1031.com to sign up for your FREE 1031 exchange book as well as to receive current inventory of DST properties for sale. We are located in: Boston, Dallas, Los Angeles, New York, San Diego, San Francisco, Seattle, Washington D.C. Kay Properties is a national Delaware Statutory Trust (DST) investment firm. The www.kpi1031.com platform provides access to the marketplace of DSTs from over 25 different sponsor companies, custom DSTs only available to Kay clients, independent advice on DST sponsor companies, full due diligence and vetting on each DST (typically 20-40 DSTs) and a DST secondary market.  Kay Properties team members collectively have over 115 years of real estate experience, are licensed in all 50 states, and have participated in over 21 Billion of DST 1031 investments.";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:0:"";}]]> https://landreport.com/pd/ag-equipment-dealers-manufacturers/ Thu, 14 Jul 2022 12:42:11 +0000 https://thelandreport.c51dev.com/pd/ag-equipment-dealers-manufacturers/ 55080 0 0 0 https://landreport.com/pd/architects-custom-builders-general-construction/ Thu, 14 Jul 2022 12:42:11 +0000 https://thelandreport.c51dev.com/pd/architects-custom-builders-general-construction/ 55081 0 0 0 Contact: Phone - (828) 452-9598 Email - rwd@benchmarkadvisors.com Website - http://www.benchmarkadvisors.com/
               
    ";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:0:"";}]]> BENSONWOOD is a premier designer-engineer-builder of energy-efficient timber frame, hybrid, LEED and high-performance homes and wood structures across North America. LASTING ELEGANCE. Our distinct approach to building unites craft, beauty, advanced technologies, healthier materials, and a systems approach to create fine buildings and spaces that remain durable, livable and loved long into the future. SMARTER PATHS. Our more than 110 dedicated building professionals are focused on a common goal: creating more beautiful, more efficient, more durable buildings, and a better experience for all. PREDICTIABLE OUTCOMES. We work to construct the very best buildings, inspire building industry best practices, and use smart business to implement solutions to environmental and energy challenges. So naturally, Place, Environment, Resources, Energy, Health, Happiness, and Beauty are protected. Custom Homes. Barns.  Stables. Pool Houses.  Schools. Buildings.  Structures. Our mission is to help you achieve elevated standards on your custom project. Can we discuss some specifics? Contact our Senior Designer, Project Development Lead, Doug Reitmeyer @ 877.203.3562  or  doug@bensonwood.com 6 Blackjack Crossing Walpole, NH 03608 www.bensonwood.com   ";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:0:"";}]]> ";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:0:"";}]]> www.newenergyworks.com/galleries   ";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:0:"";}]]> Unmatched - Unrivaled - Unequaled During our three decades of existence, YBC has evolved into a Global, Boutique Timber Bridge Company. Experience has taught us well by testing our limits and perfecting our trademarked Decero approach to design and construction– no detail left untouched. Starting every project with a blank slate, our expert designers, architects and engineers create one-of-a-kind structures that each client can truly call their own. The look and feel of an original York Bridge is distinct – architecturally unmatched and built to our unequaled degree of excellent, not third party specifications. YBC specialists invest 100% in every creation, limiting the number of projects accepted – carefully selecting only those projects where our dedicated and talented team can make a difference. YBC’s clients value the knowledge that their York Bridgeâ„¢ is unlike any other. Evolving - Developing - Expanding The YBC team and our methodology and philosophy consistently evolve as we strive to become better versions of ourselves by developing and expanding beyond expectations. Never limited by competition, we know that “competition” is simply the possibility of our own incompetence. York bridge designs are not just theoretical – they are tested and improved upon every day. Our bridges are constructed to a standard of excellence that is unsurpassed – giving you a York Bridgeâ„¢ that will last for generations. Every one of our structures are designed and built to deliver a low maintenance bridge that, with proper care, will last for up to a century.

    York Bridge Conceptsâ„¢ (YBC) celebrates 30 Years as Industry Leader

    ";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:0:"";}]]> https://landreport.com/pd/art-and-collectibles/ Thu, 14 Jul 2022 12:42:11 +0000 https://thelandreport.c51dev.com/pd/art-and-collectibles/ 55082 0 0 0 Art & Collectibles No matter how unique your personal collections are, NFP Private Client Group has the expertise and deep industry knowledge needed to advise and protect your valuables. Whether its art, jewelry, wine, silver or other unique items, we have the solution for your needs.

    Advisor Contact Information:

    Lei Redding                                                        NFP Private Client Group 710 Johnnie Dodds Blvd Suite 100 Mount Pleasant, SC 29464 P: 843.225.4285 | C: 678.895.6138 Lei.Redding@nfp.com | NFP.com";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/attorneys/ Thu, 14 Jul 2022 12:42:11 +0000 https://thelandreport.c51dev.com/pd/attorneys/ 55083 0 0 0
  • Business counsel focused on growth and the prevention of disputes
  • Governmental affairs on the municipal, state and federal levels
  • Commercial and civil litigation involving a variety of industries
  • Self-insured representation for significant businesses
  • Family law
  • Mediation and arbitration
  • Employment matters

  From the multifaceted needs of established family businesses to the complexities of commercial litigation and the challenges of family transitions, we are here to protect your interests and help you succeed. Efficient, Effective And Loyal How do we describe our firm and the attorneys, paralegals and staff who comprise it? We are methodical, efficient and effective. We are disciplined and precise. We find clarity in issues, establish goals and communicate continuously. The loyalty we have for our clients is reflected in the trust they place in us. That mutual loyalty, combined with professionalism and plain hard work, has resulted in a client base that is 100 percent referenceable.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/atv-utv-dealers-manufacturers/ Thu, 14 Jul 2022 12:42:11 +0000 https://thelandreport.c51dev.com/pd/atv-utv-dealers-manufacturers/ 55084 0 0 0 For BOSS, it all starts here in Iron Mountain, Michigan, where designing, innovating and manufacturing world-class snow and ice removal equipment is what we’re all about. We’ve spent years developing equipment that does the job faster, truck plows, UTV & ATV plows, box plows, sand & ice spreaders that do the job better, and snow & ice removal equipment that lives up to the BOSS name.

  Developing the tools that make snowplow professional’s jobs easier and more efficient is our ultimate goal. It’s been that way for nearly 30 years. We know what it takes to design, engineer and build products that work in the worst conditions imaginable. And we’re working harder than ever to deliver the toughest, most reliable, most innovative snow & ice removal equipment. Because at BOSS, we’re always here to back you up. ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/auctioneers/ Thu, 14 Jul 2022 12:42:11 +0000 https://thelandreport.c51dev.com/pd/auctioneers/ 55085 0 0 0
• Accelerated marketing schedule — An ideal marketing window for any auction is 45-60 days, and most sales close within 30 days of a successful auction.
• Convenience: You choose the date your property will be sold, and you set the terms. So you can plan accordingly for other investments, financial goals, or lifestyle changes. Plus a pre-determined sale date eliminates ongoing carrying costs such as interest, taxes, maintenance, and perhaps continued depreciation.
• Exposure: A Legacy auction creates increased exposure of your property, which increases competition. And more competition in an auction creates urgency and excitement in buyers. We’ll put our connections in the farm, ranch, and agribusiness sectors to work for you. We know the market, and the market knows us!
• Higher net return: Because we typically charge a buyer’s premium to cover auction costs, we lower your cost of selling and put more dollars in your pocket.
• No contingencies: Sold “as-is, where-is” on the date you choose, and a buyer must arrange financing before bidding on your property.

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]>

 Established in 1944.

Headquarters located in Columbia City, IN, in a new company-owned office facility, with 10,000 square feet of office space and heated garage/shop for auction equipment.

Salaried staff (15) averages over 12 years experience, and the Schrader marketing team includes (4) graphic designers.

Sales representatives (24) in five states.

Joint venture offices in Florida, Illinois, Michigan, Virginia and Washington and a joint venture office in Indianapolis, Indiana

Licensed in 20 states and have ability to secure proper licensing in any state.

Real estate auctions conducted in 40 states. Senior auctioneer has 46 years experience.

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> Our Operating Goals -Deliver excellence in all that we do by serving one valued client at a time -Lead the U.S. auction industry into the next century -Maintain, at all times, the highest ethical and cultural standards -Demonstrate consistent, timely performance when managing our client transactions -Maintain a leadership position in both marketing solutions and technology -Give back to the communities we serve United Country Auction Services is renowned as the most trusted and valued strategic real estate and asset auction organization serving the U.S. market and internationally. We have secured a leading coast-to-coast presence through strong and mutually rewarding relationships with carefully selected partners. And we will remain the partner of choice by continually living up to these commitments.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/aviation-jet-services/ Thu, 14 Jul 2022 12:42:11 +0000 https://thelandreport.c51dev.com/pd/aviation-jet-services/ 55086 0 0 0 Pilatus PC-12s, Phenom 100, Citation CJ3, Phenom 300, Citation Latitude, and Challenger 300 jets.

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/banking-lending/ Thu, 14 Jul 2022 12:42:11 +0000 https://thelandreport.c51dev.com/pd/banking-lending/ 55087 0 0 0

• Equipment and vehicle leasing
• Life insurance
• Multi-peril crop insurance
• Loan guarantees by government agencies

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/emmersons/ Sun, 01 Jan 2023 00:00:42 +0000 https://landreport.com/?page_id=57911 Land Report 100

Rank: #1 Total Acres: 2,411,000 States: California, Oregon, Washington

• The Emmersons’ Sierra Pacific Industries owns 2,411,000 acres. Founded in 1947 by Curly Emmerson, it is run today by Red Emmerson and his sons George, who serves as chairman, and Mark, who serves as CEO. Red’s daughter, Carolyn Dietz, oversees the Sierra Pacific Foundation, which has contributed nearly $30 million to nonprofit organizations, public education institutions, and government entities.

R.H. Emmerson and Son

In 1949, Curly Emmerson invited his son to partner with him on a sawmill in Northern California. Red agreed to throw in with his father, and R.H. Emmerson and Son was born. The two had a no-nonsense business plan: Curly bought the timber, and Red ran the sawmill. In the decades that followed, they flourished. Yet the Emmersons owned very little land during this timeframe. In fact, throughout the 1950s and the 1960s, R.H. Emmerson and Son purchased just two tracts: a 2,500-acre parcel known as the Brunello & Berry in 1958 and a 5,400-acre parcel called the Davis & Brede in 1961. 

Sierra Pacific Industries

In 1969, Sierra Pacific Industries was established as a publicly traded company. Five years later, Red Emmerson privatized Sierra Pacific and never looked back. Over the next quarter-century, Red would acquire more than 1 million acres of California timberland, including 525,000 acres in a single $465 million transaction from the Santa Fe Southern Pacific ­Corporation in 1988. In 2006, the Emmersons branched out of California and made their first acquisition in Washington. They have subsequently expanded their holdings to more than 300,000 acres of timberland in the Evergreen State. 

Seneca Jones Timber Company

On October 1, 2021, Sierra Pacific Industries announced the completion of an historic acquisition. Although the 175,000-acre purchase of Oregon's Seneca Jones Timber from the daughters of Aaron Jones was far from the largest timberland acquisition in SPI history, it was in fact a very big deal. For with it, Red Emmerson and his family became ­America’s largest landowners.

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R.H. Emmerson and Son<\/h2>

In 1949, Curly Emmerson invited his son to partner with him on a sawmill in Northern California. Red agreed to throw in with his father, and R.H. Emmerson and Son was born. The two had a no-nonsense business plan: Curly bought the timber, and Red ran the sawmill. In the decades that followed, they flourished. Yet the Emmersons owned very little land during this timeframe. In fact, throughout the 1950s and the 1960s, R.H. Emmerson and Son purchased just two tracts: a 2,500-acre parcel known as the Brunello & Berry in 1958 and a 5,400-acre parcel called the Davis & Brede in 1961.\u00a0<\/p>

Sierra Pacific Industries<\/h2>

In 1969, Sierra Pacific Industries was established as a publicly traded company. Five years later, Red Emmerson privatized Sierra Pacific and never looked back. Over the next quarter-century, Red would acquire more than 1 million acres of California timberland, including 525,000 acres in a single $465 million transaction from the Santa Fe Southern Pacific \u00adCorporation in 1988. In 2006, the Emmersons branched out of California and made their first acquisition in Washington. They have subsequently expanded their holdings to more than 300,000 acres of timberland in the Evergreen State.\u00a0<\/p>

Seneca Jones Timber Company<\/h2>

On October 1, 2021, Sierra Pacific Industries announced the completion of an historic acquisition. Although the 175,000-acre purchase of Oregon's Seneca Jones Timber from the daughters of Aaron Jones was far from\u00a0the largest timberland acquisition in SPI history<\/a>, it was in fact a very big deal. 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The Emmersons' Sierra Pacific Industries owns 2,411,000 acres. Founded in 1947 by Curly Emmerson, it is run today by Red Emmerson and his sons George, who serves as chairman, and Mark, who serves as CEO. Red's daughter, Carolyn Dietz, oversees the Sierra Pacific Foundation, which has contributed nearly $30 million to nonprofit organizations, public education institutions, and government entities.

]]> SHOULDER TO SHOULDER Mark, Red, and George Emmerson at the headquarters of Sierra Pacific Industries on the banks of the Sacramento River in Anderson, California. Photography by Gustav Schmiege III.]]> https://landreport.com/2023-winter-edition-issue/ Thu, 22 Sep 2022 23:06:33 +0000 https://landreport.com/?page_id=58046

WHO IS AMERICA'S NO. 1 LANDOWNER?

Showcase your brand in our annual survey of the nation's leading landowners.

• Special Section: Ag & Farmland
• Space Reservation Deadline: November 23rd
• Ad Materials Deadline: December 2nd
• On Sale: January 10th, 2023

For more information, contact Eddie Lee Rider, (205) 908-9872 • publisher@landreport.com

]]> 58046 0 0 0 Showcase your brand in our annual survey of the nation's leading landowners.<\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd20e82","display_condition_key":"role","display_condition_operator":"is","display_condition_operator_advanced_date":"less","display_condition_date":"22-09-2022","display_condition_day":"monday","display_condition_role":"subscriber","display_condition_browser":"chrome","display_condition_operating_system":"mac_os","display_condition_date_range":"22-09-2022 to 24-09-2022","display_condition_page":"","display_condition_post":"","display_condition_static_page":"home","display_condition_time_span_start":"10:00","display_condition_time_span_end":"11:00","display_condition_visitor_type":"new","display_condition_request_parameter_key":"","display_condition_request_parameter_value":"","display_condition_advanced_date":"22-09-2022","display_condition_geolocation":"","display_condition_acf_text_key":"","display_condition_acf_text_value":""}]},"elements":[],"widgetType":"text-editor"},{"id":"3a7c1a4","elType":"widget","settings":{"icon_list":[{"text":"Special Section: Ag & Farmland","selected_icon":{"value":"far fa-calendar","library":"fa-regular"},"_id":"7da2ef9"},{"text":"Space Reservation Deadline: November 23rd","selected_icon":{"value":"far fa-calendar","library":"fa-regular"},"_id":"205cc10"},{"text":"Ad Materials Deadline: December 2nd","selected_icon":{"value":"far fa-calendar","library":"fa-regular"},"_id":"239852f"},{"text":"On Sale: January 10th, 2023","selected_icon":{"value":"far fa-calendar","library":"fa-regular"},"_id":"79a9c0a"}],"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d126fc5","display_condition_key":"role","display_condition_operator":"is","display_condition_operator_advanced_date":"less","display_condition_date":"22-09-2022","display_condition_day":"monday","display_condition_role":"subscriber","display_condition_browser":"chrome","display_condition_operating_system":"mac_os","display_condition_date_range":"22-09-2022 to 24-09-2022","display_condition_page":"","display_condition_post":"","display_condition_static_page":"home","display_condition_time_span_start":"10:00","display_condition_time_span_end":"11:00","display_condition_visitor_type":"new","display_condition_request_parameter_key":"","display_condition_request_parameter_value":"","display_condition_advanced_date":"22-09-2022","display_condition_geolocation":"","display_condition_acf_text_key":"","display_condition_acf_text_value":""}]},"elements":[],"widgetType":"icon-list"},{"id":"abec5d9","elType":"widget","settings":{"editor":"

For more information, contact Eddie Lee Rider, (205) 908-9872<\/a> \u2022 publisher@landreport.com<\/a><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"8dda779","display_condition_key":"role","display_condition_operator":"is","display_condition_operator_advanced_date":"less","display_condition_date":"22-09-2022","display_condition_day":"monday","display_condition_role":"subscriber","display_condition_browser":"chrome","display_condition_operating_system":"mac_os","display_condition_date_range":"22-09-2022 to 24-09-2022","display_condition_page":"","display_condition_post":"","display_condition_static_page":"home","display_condition_time_span_start":"10:00","display_condition_time_span_end":"11:00","display_condition_visitor_type":"new","display_condition_request_parameter_key":"","display_condition_request_parameter_value":"","display_condition_advanced_date":"22-09-2022","display_condition_geolocation":"","display_condition_acf_text_key":"","display_condition_acf_text_value":""}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/newsletter-subscription-confirmation/ Mon, 02 Jan 2023 23:32:23 +0000 https://landreport.com/?page_id=59512 Subscribed

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WHO ARE THE TOP 10 LANDOWNERS IN THE STATE?

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For more information, contact Eddie Lee Rider, (205) 908-9872 • publisher@landreport.com]]> 59587 0 0 0 For more information, contact Eddie Lee Rider, (205) 908-9872<\/a> \u2022 publisher@landreport.com<\/a><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"8dda779","display_condition_date":"22-09-2022","display_condition_date_range":"22-09-2022 to 24-09-2022","display_condition_advanced_date":"22-09-2022"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/?page_id=60071 Fri, 22 Apr 2022 07:38:48 +0000 https://landreport.com/homepage-2/

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Read More » 05:30 PM · 22 Dec 2022 BACK TO TOP ]]> 60071 0 0 0 https://landreport.com/westervelts/ Sun, 01 Jan 2023 00:00:54 +0000 https://landreport.com/?page_id=60383 Land Report 100

Rank: #18 Total Acres: 556,000 States: Alabama, California, Colorado, Florida, Mississippi, Nebraska, and Tennessee ● Beginning in the late 19th century, the Westervelts focused primarily on paper production. That changed in 2005 when the family’s Gulf States Paper business sold most of its manufacturing assets. The renamed Westervelt Company owned approximately 400,000 acres of timberland, a figure that has since grown to more than 500,000 acres.

Herbert Westervelt

In 1884 at the age of 25, the family patriarch established a business in Indiana that sold paper, bags, and twine under the name South Bend Paper Company. A year later, Westervelt invested in the Prairie States Paper Company in Illinois, and his businesses grew into large-scale paper production. By 1916, the company was producing eight to 10 tons of paper per day from a facility near New Orleans. Because of persistent flooding in the area, the decision was made in the late 1920s to construct a new paper mill in Tuscaloosa, Alabama.

Gulf States Paper

Once the new mill was up and running on the banks of the Black Warrior River, the company name was changed to Gulf States Paper. When Herbert Westervelt passed away in 1938, his daughter Mildred Westervelt Warner became company president. Under her direction, Gulf States Paper expanded into forestry, land management, and timber farming in the 1940s.

Westervelt Company

Gulf States sold its pulp and paperboard packaging business for $540 million in 2005 and changed its name to The Westervelt Company, with an emphasis on land stewardship. The new organization partnered with California environmental executives to form Westervelt Ecological Services (WES). WES specializes in habitat renewal and preservation through an environmental-offset program known as mitigation banking. WES has approximately 50 mitigation projects on land it owns in Alabama, California, Colorado, Florida, Mississippi, Nebraska, and Tennessee.

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Herbert Westervelt<\/h2>

In 1884 at the age of 25, the family patriarch established a business in Indiana that sold paper, bags, and twine under the name South Bend Paper Company. A year later, Westervelt invested in the Prairie States Paper Company in Illinois, and his businesses grew into large-scale paper production. By 1916, the company was producing eight to 10 tons of paper per day from a facility near New Orleans. Because of persistent flooding in the area, the decision was made in the late 1920s to construct a new paper mill in Tuscaloosa, Alabama.<\/p>

Gulf States Paper<\/h2>

Once the new mill was up and running on the banks of the Black Warrior River, the company name was changed to Gulf States Paper. When Herbert Westervelt passed away in 1938, his daughter Mildred Westervelt Warner became company president. Under her direction, Gulf States Paper expanded into forestry, land management, and timber farming in the 1940s.<\/p>

Westervelt Company<\/h2>

Gulf States sold its pulp and paperboard packaging business for $540 million in 2005 and changed its name to The Westervelt Company, with an emphasis on land stewardship. The new organization partnered with California environmental executives to form Westervelt Ecological Services (WES). WES specializes in habitat renewal and preservation through an environmental-offset program known as mitigation banking. WES has approximately 50 mitigation projects on land it owns in Alabama, California, Colorado, Florida, Mississippi, Nebraska, and Tennessee. <\/span><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"f45f76b","display_condition_date":"25-09-2022","display_condition_date_range":"25-09-2022 to 27-09-2022","display_condition_advanced_date":"25-09-2022"}],"_margin":{"unit":"px","top":"16","right":"0","bottom":"0","left":"0","isLinked":false},"_padding":{"unit":"px","top":"0","right":"0","bottom":"0","left":"0","isLinked":true},"drop_cap_space":{"unit":"px","size":8,"sizes":[]},"drop_cap_border_radius":{"unit":"%","size":5,"sizes":[]},"drop_cap_typography_typography":"custom","drop_cap_typography_font_size":{"unit":"px","size":80,"sizes":[]},"drop_cap_typography_line_height":{"unit":"em","size":0.8,"sizes":[]},"drop_cap_typography_word_spacing":{"unit":"em","size":0,"sizes":[]}},"elements":[],"widgetType":"text-editor"},{"id":"ace32d3","elType":"widget","settings":{"title":"RELATED ARTICLES","title_color":"#AC8E49","typography_typography":"custom","typography_font_family":"Source Sans Pro","typography_font_size":{"unit":"px","size":14,"sizes":[]},"typography_font_weight":"900","typography_font_size_tablet":{"unit":"px","size":"35","sizes":[]},"typography_font_size_mobile":{"unit":"px","size":16,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"486746f","display_condition_date":"25-09-2022","display_condition_date_range":"25-09-2022 to 27-09-2022","display_condition_advanced_date":"25-09-2022"}],"align":"center","typography_line_height":{"unit":"px","size":18,"sizes":[]},"typography_letter_spacing":{"unit":"px","size":0.8,"sizes":[]},"_css_classes":"title-with-border","_margin":{"unit":"px","top":"-31","right":"0","bottom":"0","left":"0","isLinked":false}},"elements":[],"widgetType":"heading"},{"id":"0867be5","elType":"widget","settings":{"classic_posts_per_page":6,"classic_equal_grid_height":"yes","query_exclude_current":"yes","orderby":"rand","no_results_text":"Sorry, we couldn't find any posts. 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Alabama.]]> https://landreport.com/test/ Wed, 07 Jun 2023 15:11:41 +0000 https://landreport.com/?page_id=61871 Explore more

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]]> 61871 0 0 0 ]]> ]]> https://landreport.com/pd/clothing-boots-gear/ Thu, 14 Jul 2022 12:42:11 +0000 https://thelandreport.c51dev.com/pd/clothing-boots-gear/ 55088 0 0 0 http://www.pendleton-usa.com. See Pendleton’s store locator at this website location for a retail store near you. Consumer service is available at 800-760-4844. Phone orders received at 800-649-1512. Pendleton Woolen Mills/ 220 NW Broadway/ Portland, Oregon/ 97209/ 503.226.4801";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> From its early beginning in 1898 Russell Moccasin has dedicated itself to providing outdoorsmen and women with the finest handmade, custom fitted moccasin style boots and shoes available anywhere...at any price. Russell allows you the freedom of customization. You can choose from over 100 different leathers of the highest quality in the world from waterproofed cowhide or bison to alligator to elephant to ostrich to fine French Veal in a variety of hues and colors. You can also select one of more than two dozen different sole options. You can opt for taller or shorter boots, two tone if you like. Not only do we make your shoes and boots to fit your feet, we allow you to have a say in the look of the final product.

The people of Russell Moccasin take pride in building the finest hunting and outdoor footwear in the world. Russell is a small company with highly skilled craftsmen who take their work very seriously. Working at Russell and building the finest outdoor footwear in the world, is part art, part cult, and part pride. Ours is a traditional method of manufacturing that has operated virtually unchanged for more than 117 years.

Russell Moccasin Company 285 SW Franklin St, Berlin, WI 54923 http://www.russellmoccasin.com https://www.facebook.com/russellmocc https://twitter.com/russellmocc https://www.instagram.com/russellmocc/

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/conservation-strategies/ Thu, 14 Jul 2022 12:42:11 +0000 https://thelandreport.c51dev.com/pd/conservation-strategies/ 55089 0 0 0 Contact: Phone - (828) 452-9598 Email - rwd@benchmarkadvisors.com Website - http://www.benchmarkadvisors.com/

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/consultants/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/consultants/ 55090 0 0 0 Contact: Phone - (828) 452-9598 Email - rwd@benchmarkadvisors.com Website - http://www.benchmarkadvisors.com/

           

";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:0:"";}]]> https://landreport.com/pd/custom-vendors-i-e-saddles-leather-western-furniture-artists-etc/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/custom-vendors-i-e-saddles-leather-western-furniture-artists-etc/ 55091 0 0 0 https://landreport.com/pd/equestrian-supply-tack/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/equestrian-supply-tack/ 55092 0 0 0 https://landreport.com/pd/estate-planning/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/estate-planning/ 55093 0 0 0   When you do, you enhance your financial privacy and your asset protection at the same time.  It costs NOTHING for you and your family to be more secure once you learn how. In fact, protecting your assets can actually cut your cost of real estate investing.   When you use Land Trusts in your estate plan, you can avoid probate, due-on-sale, transfer taxes, re-assessment upon sale and seasoning issues.  Land Trusts allow bigger profits when selling on an installment contract. They eliminate the risk of selling on a note or contract.  That’s not all! Make more money when selling on a lease-option.  Combine this one essential step with LLC’s for dy-no-mite asset protection.  Most important: Obtain privacy of ownership and avoid frivolous lawsuits  Instantly receive your FREE report, Reasons to Use a Land Trust. It contains more than 50 reasons why you should be using Land Trusts for estate planning and asset protection.  Text REASONS to 206-203-2005.  For your free training on the use of this special asset protection tool, go to https://landtrustwebinar.com.  Take advantage of this unique opportunity to learn from a true professional that has been in the trenches for decades: Mr. Land Trust®, Randy Hughes. Through his 40+ years of experience, he has become the National expert on Land Trusts.  Mr. Land Trust® has trained thousands of real estate investors. Here’s your chance to be part of this elite group.  Remember! Mr. Land Trust® answers his own phone! Call him at 866-696-7347.  ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/fencing/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/fencing/ 55094 0 0 0 https://landreport.com/pd/fisheries-management/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/fisheries-management/ 55095 0 0 0 services and products available. With that goal in mind, the lake and pond management services we offer are all performed by highly trained, experienced and licensed experts. We offer fish stocking and overall fisheries management, fountain and aeration installation and maintenance, water quality testing, GPS lake mapping and bathymetry, as well as a wide range of additional ecologically friendly solutions that bring balance and beauty to aquatic ecosystems nationwide. We sell and use only those lake and pond management products that provide superior performance, including: algaecides, aquatic herbicides, aerators and fountains, biologicals, dyes and other environmentally safe aquatic-related products. ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/fishing-lodges-and-camps/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/fishing-lodges-and-camps/ 55096 0 0 0 ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]>

";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Noyes Island near Southeast Alaska’s famous Inside Passage, Steamboat Bay was once home to a commercial seafood cannery. The cannery prospered because of its location, minutes from the best fishing spots in SE Alaska. Today, the artisan hand-crafted Fishing Club offers the only accommodations on the unpopulated island open to guests. All-inclusive packages at Steamboat Bay feature guided saltwater Alaska sport fishing and professional seafood processing. Back at the Club, guests are treated to personalized cuisine with Alaska-inspired fine dining and a hosted open bar. The friendly Steamboat Bay crew is available 24/7 to provide personalized full service for guests’ every need. The Club accepts reservations for groups up to twenty-four during the summer fishing season. The location’s remote privacy makes it the perfect venue for both intimate gatherings of friends and family, and for high end corporate events like executive retreats and client appreciation. ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> In 1982 the Cannery and its 52 acres of oceanfront property were renovated into a breathtaking saltwater sport fishing lodge, and changed its name to Waterfall Resort. The old General Store turned into a lobby and front desk. The historic cabins that once housed cannery workers converted into warm and cozy guest accommodations. And the former superintendent’s home became a guest dining room with an ocean view. Guests can still take the 100 year-old nature trail through the Tongass National Forest to Waterfall Creek and our boardwalk observation platform to see the local salmon swim upstream and spawn in the waterfall pool every August.

More than a century since the original Cannery was founded, the legend has become famous and Waterfall Resort has hosted more than 50,000 guests, making it Alaska’s most popular fishing lodge. Fishing tournaments like the King Salmon Jackpot Challenge and the $100,000 King of Kings Tournament have awarded guests more than $2MM in prizes over the years. The Resort is also a preferred venue for outside-the-box corporate events and non profit fundraisers. The amazing wilderness location is complemented by all-inclusive hospitality, hearty dining and top-notch resort service with expert guides and crew on hand to ensure novices and experienced anglers alike enjoy the fishing trip of a lifetime.

Come join the tradition and catch the adventure.

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/food-wine-spirits/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/food-wine-spirits/ 55097 0 0 0 Website: kalamazoogourmet.com Phone: 800-868-1699

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> NorthStar Bison ranch consists of 1200 acres of owned and rented grasslands in Northwest Wisconsin and East Central Minnesota, where approximately 600 bison are grazed under Holistic Resource Management principles. In addition, we have developed very close working relationships with the ranchers in the upper Midwest who believe in the grass-fed production model and meet our criteria for raising this wonderful icon of the prairie.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> presents itself in all areas of the countryside with bunk houses, barns, pens and outbuildings that seem to have stepped out of the 1800’s. The more modern day facilities are ideally positioned with the latest lodging facilities with the natural back-drop of endless acres of grazing land and scenic mountain vistas. ”¨”¨The natural setting and legendary heritage of our ranches lend compelling ambiance, and is uniquely New Mexico. The Ranches are located in the foothills of the Sacramento Mountains 45 miles northwest of Artesia, New Mexico, and south of Roswell, New Mexico, on a tract of over 250,000 acres; right in the middle of Billy the Kid Country! Our mission is to produce premium quality, all-natural lamb. To achieve this goal, the ranch abides by a strict code of husbandry principles and practices. The families that run the ranches believe that the quality of the meat is improved by the all natural environment and the gentle management of the animals.  Ranchline lambs are fed the finest feeds, are treated humanely, are void of growth stimulants, hormones and antibiotics. As stewards of the land, we understand our daily actions create a sustainable resource with a multitude of possibilities.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/forestry-timber/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/forestry-timber/ 55098 0 0 0 experience and knowledge is beneficial to its timberland investors. When this experience and knowledge base is coupled with Molpus\' unique commitment to its client performance, a timberland investor will see that Molpus\' legacy will make for a strong, trustworthy investment partner for your timberland investments. We consider ourselves unique for a number of reasons. First, we are vertically integrated, which means our own staff does everything from overseeing the planting of our clients\' trees to supervising their harvests and reforestation. Secondly, we have assembled a seasoned, highly capable staff of executives, CPAs, lawyers, soil scientists, tree growth specialists, GIS experts and a host of foresters and forest technicians with decades of on-the-ground experience. Most importantly to potential investors, all of our employees are clearly financially bound to our investors\' successful results through an innovative in-house incentive program. Our financial returns are reflective of these strengths. Since inception, our average rate of return for investors is 9.18%, which is 2.35% above the NCREIF Timberland Index (South) and 3.4% higher than the total NCREIF Timberland Index. Through many decades of changing market dynamics, changing economics–on a local, national and global level–as well as dramatic changes in timber management and timber products, The Molpus Woodlands Group, LLC (MWG), a registered investment advisor, has developed a reputation for being knowledgeable, resourceful and responsible in its business operations. At MWG and its sister operating companies (collectively \"Molpus\"), we still hold true to our structure that was innovative and trailblazing to the timberland investment management organization (TIMO) industry.  With a history in the timber industry dating back to 1905, Molpus finds itself as one of the oldest timber-related companies in the nation.  At Molpus, we believe our deep history and qualities of stability combined with our sophisticated, entrepreneurial edge have allowed us to set our company apart. When you consider Molpus\' century-old history in the timber industry and the fact that Molpus is in the third generation of ownership and management by the Molpus family, it is of little surprise to find a tradition and passion for striving for excellence.  Molpus still holds tight to the belief that innovative thinking, combined with opportunity, leads to success.  We will continue to be a disciplined TIMO with an entrepreneurial edge in the future.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]>     ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/furniture-home-furnishings-decorative-art/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/furniture-home-furnishings-decorative-art/ 55099 0 0 0 Architectural Digest, Dwell, Forbes, Fine Woodworking, Architectural DC, and St. Louis Magazine, which named him one of the St. Louis area’s top ten green entrepreneurs. To view our portfolio or to inquire about custom furniture, please visit www.stinewoodworking.com. ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/golf/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/golf/ 55100 0 0 0 Award-winning Design The innovative design with great details and user-friendly solutions has been awarded with an \'Honourable Mention\' in the prestigious Red Dot Design Award Competition.

Quality and Craftsmanship

Made of only the best european components and hand built like a luxury automobile in a car factory by automotive experts.

Performance and Comfort

The engineering of the chassis and driveline results in a car-like driving experience with plenty of power on tap. Bask in the largest golf car cabin in its class with unprecedented height and leg room. The car-like driving position has an ergonomic relationship between controls. The golf bag holders angled at 45° gives you easy access to all clubs.

Unique and Unlimited Customization

Put a personal touch on your Garia with unique luxury upgrades like built-in refrigerator or with our unlimited \'Garia Mansory Accessory Program\' which provides you with real carbon fiber, like clear coated colored carbon fiber body panels, genuine leather seats and painted rims with pin stripes. Garia is a must have for your collection of favorite things. In your world of personalized houses, cars, yachts and your lifestyle in general the Garia is the missing link. Make your golf and leisure time as luxurious as your other times. ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/guns-and-firearm-equipment/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/guns-and-firearm-equipment/ 55101 0 0 0 ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/health-and-wellness/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/health-and-wellness/ 55102 0 0 0 Finding the Solution with Cenegenics® "I just stopped caring about being motivated. I knew I had to find a better answer. For me, part of this avocation was gaining an understanding of the science behind making muscles grow and reducing body fat (neither of which was going well at this time). While I had always resisted the very real temptation to use bodybuilding drugs, I certainly knew why and how they worked. Like many people, I saw the ads for Cenegenics® showing people in their 50s, 60s and even 70s looking like they were in their 30s and 40s. Feeling like I had nothing to lose, I called for my free consultation with a Cenegenics® physician, and it was life-changing. My first round of blood tests revealed that my testosterone level was about the same as an 80-year-old man. Within six weeks of doctor supervised Hormone Replacement Therapy, I was enjoying testosterone levels of a man in his 20s - enough said! Here I am at 58 with more lean mass than ever, and my body fat rarely exceeds 10% (yep, I have rocking abs). Get some!" - Billy Doehler Cenegenics® Patient Shave off 10+ years with the Cenegenics® Elite Health Program. Schedule your complimentary consultation today! Call 866.857.6371 Email doctor@cenegenics.com Visit www.cenegenics.com/land   ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> https://landreport.com/pd/home-energy-wood-burning-pellet-stoves-solar-suppliers-etc/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/home-energy-wood-burning-pellet-stoves-solar-suppliers-etc/ 55103 0 0 0 https://landreport.com/pd/hunting-lodges-and-camps/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/hunting-lodges-and-camps/ 55104 0 0 0 ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> Robert Dullnig of Dullnig Ranches, is one of the leading Farm and Ranch Brokers in Texas, leading an impressive team of experienced land Realtors from San Antonio and Austin. The extensive proprietary list of buyers and the marketing expertise of the Sotheby’s International Realty network have earned him a prestigious Texas ‘Land Star’ award, Wall Street Journal’s ‘The Thousand’, Land Report’s Best Brokerages, Newsweek ‘Top Brokerages’, and Sotheby’s Significant Sales. Robert is a multi-generational Texan, overseeing the game management and hunting on his family ranch and other South Texas properties.  He has a deep appreciation for the history of ranching and a true passion for the outdoors. The Dullnig Ranches team has a combined 100+ years of experience, with qualifications for each unique facet of land and its wildlife, water, tax benefits, hunting heritage and more. ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> info@meemosfarm.com www.meemosfarm.com 231 734 9066 Meemo\'s Farm 1208 13-mile roads Evart Michigan 49631";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]>                                          RYGLEN GUNDOGS

Ryglen Gundogs is a kennel where we specialize in raising and training the highest quality English Cockers in the US. We started our kennel in 2013 and have had enormous success with these amazing dogs.  We have a state-of-the-art climate-controlled kennel facility where we are able to give the dogs the best and most comfortable life possible. All of our breeding dogs are direct imports from the UK.  They are all former field trial dogs, and many have been titled in field trial competition.  We are very particular about the dogs we bring into our breeding program and with partners in the UK we can get some of the best dogs available. We train a select number of dogs each year from puppies we have raised.  The reason we limit the number of dogs we train annually is we believe quality is more important than quantity.  We want to deliver a high-quality product to our clients. If you are an upland hunter and you want a dog that can be a part of any upland hunting experience a Ryglen Cocker is right for you.  Some of our clients include Kevin Kelly, owner of Kevin’s Outdoor Apparel and Guns, in Thomasville, Ga.  John Thames, owner of Covey Rise magazine.  Joe Hosmer, former president of SCI and current national board member of Pheasants Forever.  The finest people in the upland world are hunting with our dogs, shouldn’t you? Because of our quality dogs we typically have puppies sold almost a year in advance.  If you are interested or have questions, please contact us. ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]>

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> Champion Ranch is the premier luxury hunting ranch and resort for affluent guests looking for a private place to retreat and relax. We spared no expense in creating the most high-end ranch in all of Texas for you to excite your soul with stunning accommodations, world-class amenities, and exhilarating activities for both hunters and non-hunters alike.

At Champion Ranch, you’ll never hear us say “no.” Why? Because we stand firm in our belief that the bigger the adventure, the better the memories. We’re proud Texans and have integrated the philosophy of “go big or go home” into everything we do.

Champion Ranch is an 8,000 acre dream come to life. We wanted to create a private, luxury hunting ranch and resort experience that is authentically Texan. In Champion Ranch, we’ve created a place where guests come to get away from it all as they find their home away from home. We’ve built a breathtaking escape where you can discover for yourself what it means to be exclusively unknown.

Come retreat to Champion Ranch. We can’t wait to see y’all.

";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> https://landreport.com/pd/insurance/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/insurance/ 55105 0 0 0 Experience Coon Rapids Insurance Agency’s knowledge, services, and dedication to businesses and consumers throughout the community. CRIA offers a full line of insurance and investment products from top-rated companies, as well as unrivalled real estate services. With our knowledgeable, friendly, and thoroughly trained staff, we are committed to provide our clients with sound advice and good old-fashioned service.

Contacts: Stuart Cretsinger  stucret@crmu.net, Wilts Cretsinger  wiltsie@crmu.net

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]>

• Equipment and vehicle leasing
• Life insurance
• Multi-peril crop insurance
• Loan guarantees by government agencies

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> Insurance NFP Private Client Group offers comprehensive risk assessment to protect the assets and lifestyles of successful families and individuals. From private homes and collections to luxury automobiles and watercraft, let us tailor your personal insurance program to fit your unique needs. Offering coverage in all 50 states, Europe, Mexico and the Caribbean, we are your personal risk management advisor. We represent the world’s top high net-worth insurance carriers including Chubb, AIG, Pure and Cincinnati to find the right option for you. Advisor Contact Information: Lei Redding NFP Private Client Group 710 Johnnie Dodds Blvd Suite 100 Mount Pleasant, SC 29464 P: 843.225.4285 | C: 678.895.6138 Lei.Redding@nfp.com | NFP.com";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/lake-and-pond-management/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/lake-and-pond-management/ 55106 0 0 0 services and products available. With that goal in mind, the lake and pond management services we offer are all performed by highly trained, experienced and licensed experts. We offer fish stocking and overall fisheries management, fountain and aeration installation and maintenance, water quality testing, GPS lake mapping and bathymetry, as well as a wide range of additional ecologically friendly solutions that bring balance and beauty to aquatic ecosystems nationwide. We sell and use only those lake and pond management products that provide superior performance, including: algaecides, aquatic herbicides, aerators and fountains, biologicals, dyes and other environmentally safe aquatic-related products. ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/land-ranchland-services/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/land-ranchland-services/ 55107 0 0 0 King Homes and Land Realty. Our team of dedicated full-time professionals helps buyers, sellers and investors get ready for the most important transaction of their lives. With over 16 years of experience, we continue to consistently be one of top selling offices in Northwest Colorado. To us its not about the sale, but rather the family who is able to achieve their lifestyle goal by understanding what is most important to you. Using our knowledge of the industry and our connections across coinciding industries, we are able to ensure our clients feel they are being cared for as family. By partnering with the most dynamic real estate company in Northwest Colorado, you will find us laid-back but driven, compassionate but hardworking to help you make major purchases and locate smart investments. About King Homes and Land Realty Our brokers specialize in residential, ranch, and commercial purchases. Take advantage of our expertise — by keeping our finger on the pulse of the market, we are able to keep you up to speed on trends and developments affecting your decision to buy or sell. We also manage over 80 rental properties and help new and seasoned investors build their real estate portfolio. Our service areas include:

• Craig
• Steamboat Springs
• Hayden
• Meeker
• Oak Creek

See all your options in the market. We offer unlimited access to the Multiple Listing Service (MLS) of the Craig Board of Realtors and Steamboat Board of Realtors, where you’ll find some of the finest properties in Northwest Colorado.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> Ranch Marketing Mirr Ranch Group is proud to employ a wide range of ranch marketing services to effectively sell your property. With our knowledgeable team of brokers and our integrated marketing communication strategy in your back pocket, your ranch will stand out and get noticed by qualified buyers. Our ranch brokers are experts in their fields and are passionate about the West, assuring the highest level of service and expertise. Mirr Ranch Group understands the special needs of selling ranchland. We have the experience to handle rural land issues such as water and mineral rights, public land leases, hunting tags, livestock and farm production, conservation easements, wildlife habitat enhancement, tax credits and so much more. While we are widely experienced in ranches for sale in Colorado, Wyoming, Utah, New Mexico, Oregon and Montana, we have the capabilities to sell your ranch, no matter where it is located. So avoid getting lost in the clutter of larger brokerage firms’ listings, and get a skilled, yet personal touch from Mirr Ranch Group.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> truly within your reach. Properties available through the PotlatchDeltic Preferred Broker Network offer the buyer a rare ownership opportunity. Having been owned and responsibly managed by PotlatchDeltic for over a half century, many of these properties are only now available and in limited quantities. With recreational, legacy and investment opportunities around the U.S., we have locations, features and acreage to suit every buyer’s dream and budget. Let us show you why PotlatchDeltic is the only name you’ll need to know when it comes to recreational property.  We look forward to helping you with your property search. Get started today and visit us online, where you can find and preview properties in your neck of the woods and meet our Preferred Broker Team, each a local expert specializing in the area where you want to purchase land. Buy our land for play, own it for life. ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> UNPARALLELED ONLINE MARKETING Western Ranches offers the most comprehensive online marketing presence for listings. We have designed our digital strategy to give buyers the detailed property information they want and to ensure they are able to gain the information on your property in the most convenient way. ONLINE MEDIA SYNDICATION Your listing will be part of the most extensive online marketing program, which submits your property to over 160 publishers reaching home buyers on more than 900 websites. Our syndicated listings receive over 900K search views and 115K detail views a month. WEB MARKETING Robust search engine optimization, search engine marketing, and inbound marketing campaigns attract thousands of qualified visitors to the website each month. We make sure buyers can quickly find your property. Western Ranches is actively involved in social media.

WYOMING (main office) 80 West Broadway Jackson, WY 83001 (307) 733-6060

MONTANA (main office) 1612 West Main Street Bozeman, MT 59715

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/land-brokers/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/land-brokers/ 55109 0 0 0 th generation ranch family, Allie knows the ins and outs of ranch lands–including cattle, horses, B.L.M. and U. S. Forest Service permits, water rights and all other land-use issues. Not only is she familiar with the needs and operations of a farm or ranch, as a sale representative for Superior Livestock Auction Company, she travels the area every day and knows the land. “It is with great pleasure that I look out and thank God that I live and work in this beautiful country,” says Allie. When it comes to land in the northeastern Nevada and the Great Basin, Allie and her team of agents have you covered.

 

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:4:"west";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> AMERICAN TIMBERLANDS COMPANY, is a vertically integrated land investment management firm organized for the purpose of originating and managing forestland investments with diverse value attributes. ATC\'s clients, partners, and investors recognize that, with the right management expertise, low risk land investments can yield higher returns than ordinary timberland investments. The firm was formed in 2004 when the current principals, Thomas Rowland, Dan Stuckey and Doug McMillan formed American Timberlands Company, LLC to acquire and manage 1.3 million acres of International Paper Company land located in the Southeastern US. At that time, Tom Rowland was the principal of Palmetto Land Investment Company, Inc. (“PLIC”). Mr. Rowland formed PLIC to identify, develop, and manage forestland investments.  PLIC’s investment strategy was to acquire forestland with other value components that could be managed simultaneously and in addition to timber thereby providing additional return without increasing risk.  Dan Stuckey was the principal of Forestry Services, LLC, a traditional forestry consulting business, that’s primary clients included large institutional land owners.  Doug McMillan was the principal of The McMillan Firm that’s principle business was financial and business administration advisory services to early stage emerging companies.   In 2005, the principals of ATC agreed to merge their individual businesses into the ATC partnership forming the current company.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:5:"South";}]]> Arnold Realty, Inc. is located in Newcastle in the northeast corner of Wyoming.  We are a family owned and operated agency specializing in ranch, farm and recreational properties.

We are members of the National Association of Realtors, Wyoming Association of Realtors, and the Realtors\' Land Institute.

Contact us if you are buying or selling.

Jim Pederson, Broker - Licensed in WY, SD & MT. Julie (Arnold) Pederson, Broker Associate - Licensed in WY & SD. Tom Arnold, Broker Associate - Licensed in WY & SD.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> Bates Land Consortium Sells Ranches, Farms and Recreational Land in the West Montana, Wyoming, Utah, Idaho, New Mexico and Saskatchewan, Canada.

Solidly based in Salt Lake City for 44 years, the company serves carefully selected Sellers and highly qualified Buyers in ranch, farm and land transactions. Bates Land Consortium, Inc. has diligently developed successful cooperating relationships with reputable ranch, farm and land brokers throughout the West. Since 1970, the company has closed nearly 600 transactions — almost 2,000,000 acres of deeded ranch and farm land approaching $2.15 Billion in total value — in Utah, Idaho, Montana, Wyoming, Nevada, New Mexico, Nebraska, Colorado, Oregon and Georgia.

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> Welcome to BRADT RANCH GROUP Serving the Mid-Western United States Region including Oklahoma, Kansas, Arkansas, Missouri, Texas, New Mexico, & Colorado. The Bradt Ranch Group has specialized in locating, and assisting clients in acquiring, unique Cattle & Recreational Ranch Properties throughout Oklahoma and the Mid-Western United States since 1990. From a Cattle Ranch in the Short Grass Country of the Plains, to a Thoroughbred Horse Ranch in Texas, or a High Sierra Lake Property in the New Mexico Rockies, we find the Best the West has to offer. As a part of our interest in the “Legacy of Preserving the Land” for future generations, we do not represent clients interested in development or subdivision. Bradt Ranch Group is dedicated to preserving our heritage and playing a role in leaving the natural landscape as we have found it. Tomorrow\'s generation deserves natural landscapes to cope with the demands of modern life in urban environments. Through ongoing research and networking with other Brokers and Owners throughout the Mid-West, we pursue the search for the best Cattle & Recreational Ranch Properties available. We do not engage in the business of residential, commercial or industrial real estate, reserving our expertise for Grass Land Cattle Ranches and Large Land Holdings. The Bradt Ranch Group has been uniquely successful in attracting discriminating clientele by providing knowledge about where to go, how to find good value, and how to avoid wasted trips to ranches with \"fancy advertising” but little to recommend on site. Our aim is to save you time and effort by transacting on only the best there is on the market.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:12:"Great Plains";}]]> About California Outdoor Properties

• We specialize in buying and selling the finest recreational, hunting, fishing, equestrian, farm and ranch properties.
• What sets California Outdoor Properties apart from other brokerages is our marketing. In today\'s market, we heavily market on the internet through a multitude of websites and Multiple Listing Services.
• We go above and beyond what most brokerages offer. Our team will work hard for you, listening to your interests and needs, researching possibilities, and through our expansive referral networking and extensive local, regional, national and international advertising, we will bring buyers and sellers together.
• We welcome cooperation with Brokers and Agents and offer referrals

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:7:"Pacific";}]]>

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:9:"Southwest";}]]> Buying and selling farm & ranch properties requires special knowledge and skill including: livestock and farm production, land values, leases, real estate laws, water rights, management, and most importantly, an intimate knowledge of the area. Our marketing approach addresses all these details. And, after the sale, we\'re there to help manage the property if you so desire. Each partner in our firm started out from hard working ranch roots, “living the life” of ranchers, which has allowed each of them to develop a true insider\'s point of view and knowledge of the land. It is the ability to combine their “insider” knowledge, business experience, and ability to converse with both the business executive and the local rancher that is the focal point of their business.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> anches. We currently have two Accredited Land Consultants (ALC’s) in our firm, including our Broker, George Clift.  ALC’s are recognized experts in land brokerage transactions, giving you the confidence you are dealing with a professional land broker. Hiring a land professional is the most important decision you will make in marketing your property. CUSTOMIZED MARKETING PROGRAM Our marketing program involves a specialized mix of print advertisement, internet exposure, direct mail to targeted potential buyers, and customized marketing collateral that maximizes exposure to potential buyers. We understand the market. We can help you understand the true value of your property and we know how to convey that message to potential buyers. CUSTOMIZED MAPPING PROGRAM Buyers buy what they can see, and we want them to see every aspect of your property. We use our ArcGIS Mapping Software to create customized maps of your property and make them available on the Internet and in Property Information Packets available to all our agents and potential buyers.

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:9:"Southwest";}]]> Experience Coon Rapids Insurance Agency’s knowledge, services, and dedication to businesses and consumers throughout the community. CRIA offers a full line of insurance and investment products from top-rated companies, as well as unrivalled real estate services. With our knowledgeable, friendly, and thoroughly trained staff, we are committed to provide our clients with sound advice and good old-fashioned service.

Contacts: Stuart Cretsinger  stucret@crmu.net, Wilts Cretsinger  wiltsie@crmu.net

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:7:"Midwest";}]]> YouTube. Our team strives to respect and conserve the land. The team consists of passionate, knowledgeable, and renowned experts in wildlife management and sustainability. Our contractors, in-house biologist, and consulting team is happy to help with all of your construction, improvement, and maintenance needs.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> We are proud to be employee owned! Today, the company is the leader in not only farm management services, but also farm real estate sales and ranch sales, from traditional listings to full land auction services. Since the company started in 1929, the farm real estate sales business and related ranch sales business have been key services. When landowners call to discuss possible sale of their land, we respond with a professional proposal to sell their farm or ranch to the broadest market available. We also assist land buyers identify the right piece of property to fit their needs. ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:12:"Great Plains";}]]> Forestar strives to take land and natural resources to their highest purpose. Forestar is a real estate and natural resources company with a vision for every acre. As of June 30, 2014 we own directly or through ventures approximately 121,000 acres of low basis real estate located in 10 states and 13 markets. We own 5 significant commercial and income producing assets. In addition, we own about 590,000 net mineral acres, principally in Texas, Louisiana, Alabama and Georgia. In addition, we have a leasehold interest in over 345,000 net mineral acres in oil-rich basins, including 8,000 net mineral acres in the core of the Bakken and Three Forks formations. We manage approximately 111,000 acres of our land as timberland, generating fiber growth and sales. In addition, we have approximately 1.5 million acres of water interests in Texas, Louisiana, Alabama and Georgia.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:9:"Southwest";}]]> fountains land has grown to become one of the most respected pioneers in timberland marketing, multiple-use property transactions, and land consulting services. Comprehensive services and expertise Our core strengths are rooted in nearly 20 years of land marketing and consulting experience, with services provided by a team of marketing specialists educated in the fields of forestry and natural resource management. Our brokerage and consulting services are further enhanced by the integration of resources provided by our affiliated forestry/land appraisal and GIS businesses. These intercompany relationships enable fountains land to offer clients a comprehensive suite of services and expertise that is unique to the land brokerage industry. With more than $350 million in property sales since 1989, fountains land (formerly fountains real estate) is one of the leading real estate brokerage firms in the eastern US specializing in the sale of forestland and rural acreage. We add value to every transaction by providing landowners with unparalleled access to US and international buyers through our extensive contacts that reach deep into our UK-based parent company, fountains plc. Time-tested land use credentials Michael Tragner, president of fountains land, has been with fountains since 1989, providing forestry and brokerage services for private, institutional, and non-profit clients. With a bachelor’s degree in Resource Management from the State University of New York at Syracuse, Michael started his career in forest management and consulting operations. Today, he leads a talented staff of land brokers who bring passion and in-depth experience to each land transaction. Mission of excellence and service Our mission at fountains land is to:

• Provide clients with exceptional timberland and multiple use property brokerage services
• Offer landowners unparalleled land consulting services
• Maintain the highest level of professionalism
• Add value to client assets
• Pioneer breakthroughs in computer-based mapping technology
• Encourage initiative and reward the achievements of our employees
• Make a priority of supporting the public and our employees through careful attention to the quality of service and external communications.

The fountains name is a well-known and respected brand in the marketplace. Our clients have come to expect reliable and professional services. Buyers can make confident investment decisions based on our reputation of supplying accurate and comprehensive information.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:9:"Northeast";}]]> 4027 US Hwy 231 Wetumpka, AL Office: 334-567-0924 Fax: 334-567-8024

12 Camden Bypass Camden, AL Office: 334-682-9825 Fax: 334-682-9387

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:5:"South";}]]> A TRUE TEAM - Hall and Hall is unlike the competition in just about every way–but most notably, our unique ownership structure results in a team-based approach that’s not typically found in the real estate world. We all work together in helping successfully connect buyers and sellers, because all of Hall and Hall has a vested interest in a positive outcome. GETTING THE WORD OUT - Our proactive marketing initiatives encompass everything from web and print advertising through public relations and good old-fashioned handshakes. After all, even the perfect property isn’t going to find its way to the right buyer if they can’t find out about it. THE NETWORK - Whether you need an experienced manager, a financing expert, or a buyer who finally understands the true value of your family ranch, our network of personal and business relationships is unmatched in the business. ALL UNDER ONE ROOF - Decades of experience offering an unparalleled catalog of services–including real estate marketing, resource management, mortgage banking and loan underwriting, real estate appraisals, and auction services – lets clients benefit from maximum efficiency and important insight. IN IT FOR THE LONG HAUL - After more than 50 years in business, we know that decisions made now will affect the future of the land, and, in turn, the future of our business. For that reason, we consider it part of our core mission to promote prudent land stewardship, responsible lending practices, a stable, non-speculative real estate market, and a long-term perspective on business and relationships. What does all of this mean? With annual sales reaching over a quarter billion dollars, and always growing and evolving, our goals today echo those of our founder: to give our global client base a more comprehensive, transparent, and far-reaching resource for finding, purchasing, selling, owning, and managing property.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> Land for Sale in West Alabama 

Quality hunting land, farmland, timberland, and recreational property for sale in West Alabama.  Jonathan Goode is a licensed Realtor and professional land agent with AlaLandCo, and is dedicated to serving people who buy and sell land in the Black Belt region of Alabama. I have listed and sold land in the following 20 Alabama Counties: Autauga, Bibb, Blount, Chilton, Conecuh, Dallas, Fayette, Greene, Hale, Jefferson, Lamar, Lowndes, Marengo, Marion, Montgomery, Perry, Pickens, Tuscaloosa, Walker, and Wilcox.

Perry County and Alabama\'s whole Black Belt region are known for fertile ground and some of the best whitetail deer and turkey hunting in America. I can help you locate a prime piece of hunting land, a farm, timber investment, or a great weekend get-away. Most of my properties are close (within 90 minutes) to Tuscaloosa and Birmingham, so you can easily escape the city and have a short drive to your new place in the country.

I am a member of the national and Alabama chapters of the Realtor\'s Land Institute (RLI), and one of the only agents in this area that focuses completely on rural land sales. My goal is to be your trusted advisor for all things pertaining to land in the Black Belt. Please contact me for help with your next land transaction

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:5:"South";}]]> Our office is located in the heart of Paradise Valley on the historic Poplar Grove Ranch, near Livingston, Gardiner, Emigrant, Yellowstone National Park, Chico Hot Springs, the Yellowstone River, and all of the recreational activities that you’ll love. Our realtors are uniquely qualified to help you buy or sell your ranch, acreage, recreational land or luxury home. For more information call 406-222-1623 or 406-223-6872";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> King Homes and Land Realty. Our team of dedicated full-time professionals helps buyers, sellers and investors get ready for the most important transaction of their lives. With over 16 years of experience, we continue to consistently be one of top selling offices in Northwest Colorado. To us its not about the sale, but rather the family who is able to achieve their lifestyle goal by understanding what is most important to you. Using our knowledge of the industry and our connections across coinciding industries, we are able to ensure our clients feel they are being cared for as family. By partnering with the most dynamic real estate company in Northwest Colorado, you will find us laid-back but driven, compassionate but hardworking to help you make major purchases and locate smart investments. About King Homes and Land Realty Our brokers specialize in residential, ranch, and commercial purchases. Take advantage of our expertise — by keeping our finger on the pulse of the market, we are able to keep you up to speed on trends and developments affecting your decision to buy or sell. We also manage over 80 rental properties and help new and seasoned investors build their real estate portfolio. Our service areas include:

• Craig
• Steamboat Springs
• Hayden
• Meeker
• Oak Creek

See all your options in the market. We offer unlimited access to the Multiple Listing Service (MLS) of the Craig Board of Realtors and Steamboat Board of Realtors, where you’ll find some of the finest properties in Northwest Colorado.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> Kuper Sotheby\'s International Realty Farm & Ranch Sales offers several custom services for our clients including ranch market analysis, listing services, and ranch location services. If you own a ranch and are considering selling (either now or sometime in the future), we offer a professional Ranch Market Analysis on your property to determine the current market value of any individual ranch. There is no charge or obligation for this service.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:9:"Southwest";}]]>

Clients

Our clients include estates, trusts, financial institutions, government agencies, individuals, and others.

U.S. Department of Defense Chase Bank Commonwealth of Kentucky Alcan Aluminum U.S. Bankruptcy Court Peabody Energy Bessemer Trust Small Business Administration U.S. Marshals Service Texas Gas Transmission General Services Administration University of Kentucky Indiana University AMRESCO Independence Funding PNC Bank Branch Banking and Trust Company Monsanto

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> What We Do Property Sales *Market listings globally *Consistently communicate with sellers on showings, leads, and promotions *Property research and analysis *Professionalism in sales process from listing through closing Buyer Representation *Market knowledge and understanding of complicated transactions to assist in property buying process *Effectively negotiate on buyer\'s behalf *Network to assist in real estate purchases globally *Facilitate all transaction types including 1031 exchanges, auction representation, short sales, and foreclosures Development Consulting *Market analysis including audit of regional and comparative markets *Master planning for horizontal and vertical development *Financial forecasting *Sales and marketing plans";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> LANDTX was created by Mason ranch broker/conservationist/property rights advocate David E. Culver as a unique private entity devoted to protecting the rural environment of Central Texas while still operating as a financially viable business enterprise. We market investment, recreational, ranch and farmland in an area comprising some 45 counties, as well as develop select sites into restricted, large-tract subdivisions containing tracts that preserve agricultural or wildlife viability commensurate with the area.  David E. Culver is also a qualifying broker in New Mexico and Colorado. We welcome you to our highly functional, user-friendly website, and invite you to examine the full scope of services we provide, and the properties we offer for sale. The information contained on this website is deemed more reliable than most, but is not warranted by David E. Culver, LANDTX or Sellers, express or implied. Visitors are urged to verify representations on their own, and draw their own conclusions regarding usefulness, value and other described aspects of the properties offered herein. Buyer’s brokers must be identified on first contact, and must accompany buying prospect on first showing to be allowed full fee participation. If this condition is not met, fee participation will be at sole discretion of LANDTX, David E. Culver, broker.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:9:"Southwest";}]]> ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]>

LintonBingle Associate Brokers

Carol and Betsy took their combined real estate experience of more than 22 years and joined forces in October of 2012 at Jackson Hole Real Estate Associates, the exclusive affiliate of Christie\'s International Real Estate. Together, they are a results driven real estate team unlike any other in the Valley. Their extensive knowledge, professional marketing style and customer service to their clients is notable and for those qualities they\'ve twice earned the Award for Professional Excellence. Carol Linton - Associate Broker Carol has been a Wyoming resident and property owner since 1980 when she relocated  from Connecticut to pursue a job as a high school chemistry teacher. The combination of growing up in New England and global travels instilled in Carol a passion for real estate, interior design, and architecture. That passion has carried forward to her successful real estate career. Carol is client centered and extremely knowledgeable about Wyoming, the Jackson Hole community and its unique real estate market. Her professionalism and expertise are evident and as a result, she is able to provide exceptional service for both Buyers and Sellers. Carol is a Christie\'s Luxury Specialist and serves on the PAWS Board of Directors, as an Advisory Board Member at First Western Trust, and is a member of the Jackson Hole Chamber of Commerce and the Teton Board of Realtors. She holds a BS degree in Chemistry and a BA in Secondary Education and is married to a fourth generation Wyomingite. Together they have three grown children and a golden retriever named Ivy. When she\'s not working, Carol enjoys dining around town, a round of golf or tennis in summer, and a cross country ski or tram lap at the Village in winter. Betsy Bingle - Associate Broker Betsy Bingle grew up on Boston\'s North Shore where she was an avid tennis player, golfer and skier. After graduating from Wheaton College she began her real estate career in Boston selling high end luxury properties that took place as The Big Dig was changing the Greater Boston Area. Betsy then relocated to New York City and The Turks and Caicos to become the Director of International Marketing / Vice President of sales for a large development company. Betsy executed the sales of lots and homes on an exclusive private island and was the Top producer every month from 2008-2010. Betsy moved to Jackson Hole to be with her husband and began her Jackson Hole Real estate experience working on site with the President of a Private Golf Development. Betsy handled most of the marketing and public relations and was in charge of all charity foundations and donations associated with the development.

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> Our Mission We at Live Water Properties, LLC seek to connect agricultural and scenic landscapes with people who value them. Our business is providing seasoned advice and professional service to ensure a sound investment for generations to come. Sharing and respecting our clients’ lifestyles, we are uniquely qualified to assist in each aspect of the ranch ownership process.

Preservation Principles: Preserve & Enhance

We strive to protect, restore, and enhance wildlife habitat as changes in private ownership take place. The importance of each link in these precious ecosystems intensifies as our nation’s populations migrate to pristine mountain regions and our natural landscapes experience additional human traffic.

Ownership Experience

The Broker Team at Live Water Properties, LLC has personal experience with the purchase, ownership, and sale of recreational properties throughout the West. Our knowledge gained from this experience helps our clients make informed decisions with their own properties and has led to over $1 billion in listed sales volume over our 15-year history.

Growth of Our Team

We are continually looking to fill in any “geographic holes” and expand our coverage nationally. If you are interested in joining our Sales Team, please review our qualifications. Agent Qualifications: 3+ years of broker experience, sales history and performance are high, lifestyle matches the Live Water niche, highly motivated, ethics driven. Resume with cover letter accepted. Contact through e-mail at info@livewaterproperties.com. ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> Ranch or Farm that is for sale, there are many considerations, including:

• Water Rights
• Tax Deferred Exchange
• Animal Husbandry
• Construction Management
• Land Development and Management
• Conservation Easements
• Hunting Development and Management

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> Ranch Marketing Mirr Ranch Group is proud to employ a wide range of ranch marketing services to effectively sell your property. With our knowledgeable team of brokers and our integrated marketing communication strategy in your back pocket, your ranch will stand out and get noticed by qualified buyers. Our ranch brokers are experts in their fields and are passionate about the West, assuring the highest level of service and expertise. Mirr Ranch Group understands the special needs of selling ranchland. We have the experience to handle rural land issues such as water and mineral rights, public land leases, hunting tags, livestock and farm production, conservation easements, wildlife habitat enhancement, tax credits and so much more. While we are widely experienced in ranches for sale in Colorado, Wyoming, Utah, New Mexico, Oregon and Montana, we have the capabilities to sell your ranch, no matter where it is located. So avoid getting lost in the clutter of larger brokerage firms’ listings, and get a skilled, yet personal touch from Mirr Ranch Group.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]>

Commercial Sales, Leasing & Property Management

Residential Sales, Leasing & Property Management

Investment Properties & 1031 Exchanges

Site Selection & Build to Suit

Land Development

Farm & Timber Tracts

Rural, Recreational & Investment Properties

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:5:"South";}]]> ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:5:"South";}]]> We are America’s LAND Specialists!";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:5:"South";}]]> ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:9:"Southwest";}]]> rural land financing, and forestry, land and resource management consulting services. The growing ranks of Mossy Oak Properties professional land brokers are people who have this in common: they love the land and the outdoors, and they are dedicated to stewardship of that land. It is what has inspired them to join our growing Mossy Oak Properties network, and it’s what makes them the most qualified source for buying and selling rural property. Many members of the Mossy Oak Properties network are foresters with a strong interest in broadening their client services; others are well-established, independent rural land brokers who recognize that an association with the Mossy Oak brand will grow their business and increase the value of their brokerage office. All of them signed on with a keen interest in rural real estate and instantly recognized the power of having a professional association with America’s number one outdoor brand.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:7:"Midwest";}]]> Mossy Oak Properties AgriRec Land is a nationally recognized real estate company and an industry leader specializing in premier hunting, farming and investment property sales in Illinois and Indiana. We were also named one of America’s Best Brokerages in 2012 by The Land Report. Our extensive and diverse team of Certified Land Specialists are here to help you reach your real estate goals while providing you with an unmatched level of professionalism and respect. The Mossy Oak Brand continues to provide all of our clients with a level of National Media Exposure that you will not find in any other real estate company. After all, It’s not a Passion, It’s an Obsession! Find your local Mossy Oak Properties Certified Land Specialist on the Agent’s page or you can reach the Mossy Oak Properties AgriRec Land main office at 888-311-LAND.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:7:"Midwest";}]]> Timber Management By providing a full range of forestry consulting services or simply arranging for an independent logging crew to remove trees that have been designated for cutting, our foresters will do whatever is necessary to help achieve each landowner’s goals.

Wildlife Management

We have the experience and expertise to provide a full range of management services including hunting lease management, wildlife/stewardship management plans, wildlife habitat enhancement, deer harvest data analysis, and wildlife surveys. We also can assist landowners with food plot design, installation, and management.

Waterfowl Impoundment Design/Construction

Waterfowl impoundment design, construction, and management are our specialties. Let us create a custom shallow water field impoundment that provides the ultimate in waterfowl habitat and hunting opportunities for you and your family, friends and guests. In addition to new impoundments, we can also renovate and restore existing ponds or impoundments to improve their function and habitat value.

Mapping Services

Our mapping department provides each client with a graphical representation of their property. We can customize these maps per the request of each landowner.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:5:"South";}]]> Land and Wildlife is a growing team of licensed real estate professionals, who specialize in helping buyers and sellers of ranch land, timber tracts, farms for sale, hunting property, fishing property, resorts, resort homes, horse properties, timber land, waterfront properties and more throughout Oregon and Washington State. As a founding partner of LandLeader, we\'ve proudly achieved over $200 Million in real estate sales volume, while our noteworthy production per broker that is matched by very few. The reasoning is simple,..our marketing plan is unique and successful, as a result of matching user requirements with property characteristics; while limiting our brokers to only individuals whom share a passion, skill and the highest ethics for the outdoors way of life. We\'re crazy about hunting, fish and wildlife, farming, ranches, mountains, waterfront, timber tracts....and helping others preserve what makes the great Northwest so sensational! If it\'s about the Northwest, we understand it, and have the professional team in the field to ensure you the highest standards of real estate experiences. If you\'re interested in buying or selling land in Oregon or land in Washington, e~mail or give us a call today, we\'re eager to assist!";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:7:"Pacific";}]]> Peoples Company Peoples Company is a leading provider of agricultural land brokerage, land management, land appraisal and land investing services in the Midwest. We provide a complete range of agricultural real estate investment and management services. Our approach includes: Land Brokerage & Land Auctions: Landowners can depend on the aggressive marketing strategies employed by our experienced team of land sales professionals at Peoples Company. With sales agents operating in Iowa, Missouri, Illinois, Minnesota, Nebraska, Montana, North Dakota, and South Dakota, Peoples Company combines our innovative brokerage and auction services to reach buyers locally, throughout the Midwest and beyond. Land Management: Today's landowner needs a manager with the skills and knowledge of both a farm operator and an asset manager. The asset needs to not only be managed for its expected level of annual income, but also for optimal value appreciation. For a landowner to realize the full return potential of their investment, we believe meaningful reports must show more than the annual cash flow from the land. Our Land Management Services are designed for owners who want to ensure that the critical elements of their farm operation, as well as the critical issues of soil conservation and farm sustainability, are overseen and managed by experienced professionals. Appraisals: The Peoples Company Appraisal Division specializes in conducting research and analyzing costs, sales and lease data in numerous areas related to the sale or transfer of real estate, as well as mortgage financing, investment analysis, internal asset valuation, divorce settlement, estate planning, acquisition and condemnation, litigation and property tax appeals. Our network of agricultural real estate appraisal professionals and consultants utilize the most up-to-date technology available to stay current on trends in the market and provide clients with accurate property valuations for a variety of purposes. Land Investing: Peoples Company has created three capital sources for land investing, which include 1) access to institutional investors seeking large tracts of land, 2) our Separate Account Land Management program that proactively guides investors with direct investment in productive farm assets and 3) Self-Directed IRA investing where we help individual investors acquire farm assets in their IRA. The Land Investment Program allows Peoples Company to act as a clearinghouse for farmers and investors and ultimately source and manage deals between the two parties. The Land Investment Expo is the cornerstone our aggressive marketing tactics, with an innovative team of ag real estate sales professionals striving to connect landowners and investors in eight states. The Peoples Company real estate brokerage is licensed in Iowa, Nebraska, Missouri, Minnesota, Montana, North Dakota, South Dakota and Illinois. For more information about the solutions we offer to connect landowners and investors with farm operators, visit www.PeoplesCompany.com or call (855) 800-5263 (LAND).";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> truly within your reach. Properties available through the PotlatchDeltic Preferred Broker Network offer the buyer a rare ownership opportunity. Having been owned and responsibly managed by PotlatchDeltic for over a half century, many of these properties are only now available and in limited quantities. With recreational, legacy and investment opportunities around the U.S., we have locations, features and acreage to suit every buyer’s dream and budget. Let us show you why PotlatchDeltic is the only name you’ll need to know when it comes to recreational property.  We look forward to helping you with your property search. Get started today and visit us online, where you can find and preview properties in your neck of the woods and meet our Preferred Broker Team, each a local expert specializing in the area where you want to purchase land. Buy our land for play, own it for life.   ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Ranch Connection is a leader in Texas ranch brokerage and is now celebrating 31 years in the ranch real estate industry. Ranch Connection’s founder, Cynthia Inman and her team of professional land agents draw on her many years experience in facilitating land transactions and the ability to successfully accomplish the goal of clients in their quest of Texas land ownership. Ranch Connection is not local or regional, we serve the entire State of Texas and have a unique and qualified team of professionals located in various regions of Texas. Ranch real estate is our only business and we strive to maintain honesty, integrity and market knowledge to handle the most complex of transactions. The professionals at Ranch Connection have a profound knowledge of the regions of Texas and can discuss soil types, vegetation, water and mineral rights, animal capacities, wildlife and habitat and various other important issues critical in effectively owning and managing a ranch. We keep abreast of market trends to better serve our clientele. Our marketing expertise and database of professionals has ensured our spot as a leader in the ranch real estate industry! We welcome the opportunity to assist you whether you are buying or selling and ask that you give us a call to discuss your needs and what is important to you and your family.

";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Ranch Investments & Associates has become synonymous with quality farm, ranch and recreational property sales. If you are in the market for a farm or ranch, our expert team of professionals can provide you with the competent representation you need. Our Associate Brokers and agents have a wealth of practical farm and ranch experience, including agricultural education. Whether your interest is in buying or selling, the professionals at Ranch Investments & Associates can assist you in many ways to save you time and money to result in a comfortable, informed decision. One of our 16 offices conveniently located throughout the State will gladly assist you with the process. Please review "Farms & Ranches For Sale" and then give us a call. If you do not see a listing that fits your needs, let Ranch Investments & Associates represent you as a Buyer's Representative and assume the responsibility for searching and reviewing other properties that will meet your criteria.";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> ranch brokers in the west. Founders Ron Morris and Billy Long have assembled the most knowledgeable ranch real estate firm in the nation combining extraordinary client service, unsurpassed knowledge of the marketplace, and global reach. With integrity, honesty and individuality at the core of our binding principles, RMA transcends other ranch brokerage firms by using the most current electronic and internet marketing tools available, customizing individual and impactful marketing strategies for each listing, networking and creating strategic professional affiliations to expand reach, and offering a team approach with our clients to provide the nimbleness, trust and personal interaction and relationship of an individual agent. Because the individual Ranch Marketing Associate brokers live the life of ranchers, they have true inside perspective and knowledge of the land and the business. Our brokers are seasoned business executives who listen to and understand each client's needs, concerns and desires — using their extensive experience and proficiency in real estate, negotiation, land use, real estate law and marketing to provide each client with unequaled representation.            ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> What types of property do you list? All we do is land...we specialize in hunting land, timberland and farms. We occasionally list land that has a residence on it, but we do not normally list houses or commercial buildings. We have a wide range of experience with pine and hardwood timberland, coastal marsh land, CRP and WRP tracts, waterfront and river tracts and farm land of most types.

What are my obligations if I list my land with RecLand Realty?

You are only obligated to allow us to market and sell your land for the period of time we agree to in our listing agreements. You agree to pay the commission out of the sales proceeds at closing. You pay no marketing or advertising fees.

How do I list my property with you?

Call our office or one of our agents and we'll come see the property. We'll complete and sign the listing agreement. At that point, we'll take pictures of the property, create multiple aerial, location and topo maps, and get any needed information from your Assessor's Office or FSA/NRCS Office. The corners of the property will be flagged as needed. Within a few days, your property will be on several websites. It will also be added to our monthly EBlast and featured in any newspaper or magazine ads that we think may help. We can't guarantee we'll be able to sell your land at the price you want...but we CAN guarantee we will make a lot of people know it's on the market! RecLand will aggressively advertise your property where it has the best chance of attracting serious buyers. Give us a call when you're ready and let RecLand help you sell your land.

Forestry Services:

RecLand Realty, LLC offers a variety of forestry services through our agents who are graduate foresters and practice consulting forestry. These services include.

• Forest Management Planning
• Timber Marketing
• Tree Planting
• Chemical & Mechanical Vegetation Control
• Boundary Marking
• Other Needed Silviculture Treatments

Our foresters have numerous years of field experience. Their combination of forestry and real estate expertise uniquely positions them to provide you with sound timberland management advice. A landowner's objectives for his property can be as diverse as the forest itself. Our foresters can help you develop specific forest management plans designed to meet your goals. Whether you are buying or selling, a long time timberland owner or a first time buyer, we can help you manage and increase the productivity of your forest. The most important management decision a timberland owner makes with regard to his property is when and how to harvest the timber. Timber harvests provide income and a return on the investment a landowner makes through the purchase of timberland. Timber harvests are also used as a management tool to create a desired forest type or specific conditions that may favor a particular wildlife species. Because changes in the forest occur slowly over long periods of time, it is important that landowners consult with experts before making decisions about harvests.";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Founded in 1996 by Dean Saunders, ALC, CCIM as Saunders Real Estate, LLC, the company specialized in land and conservation easements. In 2006, the brokerage affiliated with Coldwell Banker Commercial becoming the only brokerage in Florida with a national and global brand network and marketing presence. The company and many of its advisors earned substantial recognition and awards as a high-performing office within Coldwell Banker Commercial. In 2011, Dean Saunders, ALC, CCIM, Gary Ralston, CCIM, SIOR, and R. Todd Dantzler, CCIM founded a sister brokerage to Saunders Real Estate called Saunders Ralston Dantzler Realty. The new affiliated company allowed the company to serve clients in commercial brokerage including office, retail, industrial, and multi-family properties. In 2013, A specialty group of foresters, who are licensed real estate agents and brokers, joined the brokerage to provide timber services to the north Florida timber areas. In 2014, a satellite office opened in High Springs Florida. In 2016, The company opened a new division, Saunders Auctions, that focuses on accelerated marketing providing an efficient and effective way to sell real property at fair market value. In 2017, Dean acquired a Georgia real estate broker’s license and a new office opened in Thomasville, Georgia, offering a significantly increased value to his clients on both sides of the state line. In 2018, CBCSRE announced the signature of an exclusive partnership agreement with NORDHEIMER Campos y Estancias, the leading broker of farms and ranches in Argentina. In 2019, we joined the SVN Shared Value Network ®, a globally recognized commercial real estate brand united by a shared vision of creating value with clients, colleagues, and communities. In conjunction with joining the SVN® platform, our two sister companies (formerly Coldwell Banker Commercial Saunders Real Estate and Coldwell Banker Commercial Saunders Ralston Dantzler Realty) unified as one marketing brand under the name SVN | Saunders Ralston Dantzler Real Estate. This alignment provides expanded marketing reach through a global, growing brand with a singular focus on commercial real estate.";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]>     ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> The Chickering Company specializes in locating, and assisting clients in acquiring, unique mountain and ranch properties throughout California and the Western United States. Whether it's a fly-fishing ranch in the Rockies, a pastoral West Marin setting, a horse ranch in Carmel Valley, or a High Sierra lake property, we find the best the West has to offer.   As a part of our interest in the legacy of preserving the land for future generations, we do not represent clients interested in development or subdivision.   This is a company dedicated to preserving our heritage and playing a role in leaving the natural landscape as we have found it.  Tomorrow's generation deserves natural landscapes to cope with modern life in urban environments.  Through ongoing research and networking with other brokers and owners throughout the West, we pursue the search for the best country and recreational ranch properties available. We do not engage in the business of residential, commercial or industrial real estate, reserving our expertise for ranches and large land holdings.  The Chickering Company has been uniquely successful in attracting discriminating clientele by providing knowledge about where to go, how to find good value, and how to avoid wasted trips to ranches with "fancy" advertising but little to recommend them when on the site. Our purpose is to avoid wasted trips and to transact on only the best there is on the market.  We also engage in numerous private transactions involving Sellers wishing to convey title outside the public market place to an exclusive clientele. (Many interested Sellers of high-end recreational retreats prefer to have a transaction completed under the radar and not in the public eye.)  In these situations we are often able to bring in one of our mezzanine clients to purchase the property privately. We will then assist the Seller and Buyer coordinating the many due diligence investigations, and oversee their interests during escrow. By specializing in ranches throughout California, Nevada, Oregon, Idaho, Montana, Wyoming, New Mexico, Colorado and British Columbia, we maintain constant contact with the major ranch brokers in the West, trading information as it becomes available to offer the best chance to find that unique property, otherwise buried in the public market place. ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Clark Company began as a stage and cattle company in Ventura County in the 1890's. Five generations later, we specialize in ranch sales and land management in the western United States, engaging in ranch real estate since 1958. Our staff is very knowledgeable, fully involved with the agricultural industry, maintains and operates our own family ranches, and is well acquainted with ranches and farm properties of the western United States. Whether the acreage you seek is for farming, ranching, recreation, homesteading or investment, Clark Company's extensive listings and associations will provide Buyers and Sellers, both foreign and domestic, an impressive array of choices. Our involvement on the client's behalf does not cease with the sale of property. Our experienced team is eager to assist in ranch management, particularly on behalf of the absentee owner/ investor. If you are considering buying or selling property, or would like to discuss our ranch management services, please give us a call. We are happy to answer any questions you may have.";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> The Name To Know Tom is known as "The Land Man" for good reason. He's an Accredited Land Consultant and an expert in his field. Whether you are buying or selling, Tom empowers you to make the most of your opportunities. From 1031 exchanges and timber investment to conservation and wetlands reserve programs, he knows the local land market inside and out and will guide you through every facet of the process. "Every plot of land has it's own character, but with it comes a unique set of challenges," Tom says. "That's why I'm so committed to educating my clients and giving them the guidance they need to make the best investment decisions." If you are buying or selling land, make your move with "The Land Man." As a market expert, Mississippi native and proven businessman, Tom Smith is the specialist to know. Call him today!   ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Uncommon Ground is a Montana Real Estate Concierge, offering more than simple property location services. For those searching for ranches, ski lodges, private cabins and luxury homes, owners Tana Bignell and Marta Bertoglio take buyer representation to the next level and make sure all their clients' needs are met.

What to expect from a Real Estate Concierge

Our clients understand that locating prime real estate is not a quick nor easy endeavor. Uncommon Ground removes the stress and eliminates time wasted viewing under qualified properties. We make the real estate acquisition process enjoyable and provide assistance every step of the way.

The process:

*Personal, in-depth interview to identify your specific real estate criteria *Eyes and ears on the ground for a discrete and thorough property identification process *Cultivated list of only the best, most pristine and qualified properties *Accommodations made if travel is necessary for property tours *Unparalleled service facilitating the entire real restate transaction From working ranches to lakefront estates, Uncommon Ground locates the best real estate in Montana, including many exclusive properties not listed to the pubic. Simply put, we provide an experience other Montana realtors can't compete with. Email info@uncommongroundmt.com for more information, or browse our featured properties for a taste of the life you could be living.";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> United Country Real Estate — is the leading, fully integrated network of conventional and auction real estate professionals serving lifestyle markets, small cities, towns and the surrounding properties across the US and resort communities in Central America and Mexico. The company has been an innovator in lifestyle and country real estate marketing since 1925. United Country supports nearly 500 offices and 5,000 real estate professionals with a unique, comprehensive marketing program that includes the highest ranked and largest portfolios of specialty property marketing websites, the largest real estate marketing services company, an extensive buyer database of more than 650,000 opt-in buyers and exclusive national advertising of properties to offer broader exposure for local listings.    ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Serving Southern Colorado for over 28 years Western Mountain Real Estate is located in Salida, Colorado, which is in Chaffee County, in South Central Colorado.

We offer an excellent variety of Colorado real estate for sale in Central, South Central and Southwestern Colorado.

We specialize in mountain properties. Homes on acreage with cabins, log homes, equestrian, fishing properties, ranches, land, acreage, and hunting properties. If you're thinking about moving to Central/South Central, the Western Slope or Southwestern Colorado, we are the people  you want to work with! We have the experience, the knowledge and the wisdom to know that listening to the needs of our clients is our primary job. So, come by, email or call Western Mountain Real Estate today. We look forward to serving all of your Colorado Real Estate needs, whether you are looking to purchase a new property or sell your existing one, we want to earn your business. We sell the best of Colorado real estate including Homes-Cabins-Land-Ranches!   ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> UNPARALLELED ONLINE MARKETING Western Ranches offers the most comprehensive online marketing presence for listings. We have designed our digital strategy to give buyers the detailed property information they want and to ensure they are able to gain the information on your property in the most convenient way. ONLINE MEDIA SYNDICATION Your listing will be part of the most extensive online marketing program, which submits your property to over 160 publishers reaching home buyers on more than 900 websites. Our syndicated listings receive over 900K search views and 115K detail views a month. WEB MARKETING Robust search engine optimization, search engine marketing, and inbound marketing campaigns attract thousands of qualified visitors to the website each month. We make sure buyers can quickly find your property. Western Ranches is actively involved in social media.

WYOMING (main office) 80 West Broadway Jackson, WY 83001 (307) 733-6060

MONTANA (main office) 1612 West Main Street Bozeman, MT 59715

";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> our agents "land specialists." Our team covers more than 20 states and counting and is made up of many of the finest land managers and market analysts in the rural real estate industry. We are just like you. We love to hunt. We love the land. We strive to make smart investments that benefit our families and cement financial stability. If you're interested in buying or selling hunting, farm or ranch land, we invite you to learn more about our company and how we can help you.";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> LandsofTexas.com. We are also members of several organizations to include the Texas Alliance of Land Brokers, Texas REALTORS®, and the National Association of REALTORS®. We comply with a strong code of ethics and stay up to date with the latest market trends. Awarded as one of America’s Best Brokerages for 2020 by the magazine of land owners, The Land Report. Whether you are planning to sell or looking to buy, we are available 7 days a week around the clock and are ready and eager to help!";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Robert Dullnig of Dullnig Ranches, is one of the leading Farm and Ranch Brokers in Texas, leading an impressive team of experienced land Realtors from San Antonio and Austin. The extensive proprietary list of buyers and the marketing expertise of the Sotheby’s International Realty network have earned him a prestigious Texas ‘Land Star’ award, Wall Street Journal’s ‘The Thousand’, Land Report’s Best Brokerages, Newsweek ‘Top Brokerages’, and Sotheby’s Significant Sales. Robert is a multi-generational Texan, overseeing the game management and hunting on his family ranch and other South Texas properties.  He has a deep appreciation for the history of ranching and a true passion for the outdoors. The Dullnig Ranches team has a combined 100+ years of experience, with qualifications for each unique facet of land and its wildlife, water, tax benefits, hunting heritage and more. ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]>

";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> https://landreport.com/pd/land-investment-companies/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/land-investment-companies/ 55110 0 0 0       What We Do

Rural Land Investments (RLI) is a real estate company specializing in agricultural, recreational, transitional, residential and timberland properties. Our history in land & rural asset management allows us the unique ability to educate buyers and sellers and make them confident participants in real estate markets. Sure, we are agents, but more importantly we are advisors. We bring substance to our guidance by critically analyzing every component of property value. RLI is the partner you need to get the most out of your land investment, whether that means the greatest return at the time of liquidation or a lifetime of rewarding ownership after the right purchase.

";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> UNPARALLELED ONLINE MARKETING Western Ranches offers the most comprehensive online marketing presence for listings. We have designed our digital strategy to give buyers the detailed property information they want and to ensure they are able to gain the information on your property in the most convenient way. ONLINE MEDIA SYNDICATION Your listing will be part of the most extensive online marketing program, which submits your property to over 160 publishers reaching home buyers on more than 900 websites. Our syndicated listings receive over 900K search views and 115K detail views a month. WEB MARKETING Robust search engine optimization, search engine marketing, and inbound marketing campaigns attract thousands of qualified visitors to the website each month. We make sure buyers can quickly find your property. Western Ranches is actively involved in social media.

WYOMING (main office) 80 West Broadway Jackson, WY 83001 (307) 733-6060

MONTANA (main office) 1612 West Main Street Bozeman, MT 59715

";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> FarmTogether

FarmTogether is a farmland investment company offering direct ownership of income-producing farmland. Investment opportunities on FarmTogether cover both row and permanent crops in various locations providing investors with a diversified portfolio of agricultural land. Investors receive payouts from farming and the appreciation of the land.

Our team and partners have over 70 years of combined experience and have deployed over $1B into agriculture and farmland on behalf of premier institutions.

FarmTogether handles all aspects, including:

• Entity Administration: For each farmland investment opportunity, we form an LLC that owns title to the land. We file K-1 to investors who become shareholders in the LLC and handle tax reporting.
• Property Administration: We partner with experienced operators and local farmers. In addition, we manage insurance, accounting, and look for best farming practices improving soil sustainability.
• Low minimum commitment: Our current minimum investment amount is only $10,000. Our future deals may have higher minimum commitment requirements.
• Earlier liquidity: Current investment offerings have target hold period of 5 years and longer. Our secondary market coming in September 2020, meaning investors will have earlier liquidity options.
• Easy investment process: No prior experience needed. Investor accreditation requirements may apply. All legal documentation handled to investors electronically upon signing.
• Funding sources: Investors can fund offerings via ACH or Wire. We also work with established Self-Directed IRA and Solo 401k providers.
• 

";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> https://landreport.com/pd/land-management/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/land-management/ 55111 0 0 0 https://landreport.com/pd/land-survey-companies/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/land-survey-companies/ 55112 0 0 0 https://landreport.com/pd/log-homes-timber-frame-structures/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/log-homes-timber-frame-structures/ 55113 0 0 0 BENSONWOOD is a premier designer-engineer-builder of energy-efficient timber frame, hybrid, LEED and high-performance homes and wood structures across North America. LASTING ELEGANCE. Our distinct approach to building unites craft, beauty, advanced technologies, healthier materials, and a systems approach to create fine buildings and spaces that remain durable, livable and loved long into the future. SMARTER PATHS. Our more than 110 dedicated building professionals are focused on a common goal: creating more beautiful, more efficient, more durable buildings, and a better experience for all. PREDICTIABLE OUTCOMES. We work to construct the very best buildings, inspire building industry best practices, and use smart business to implement solutions to environmental and energy challenges. So naturally, Place, Environment, Resources, Energy, Health, Happiness, and Beauty are protected. Custom Homes. Barns.  Stables. Pool Houses.  Schools. Buildings.  Structures. Our mission is to help you achieve elevated standards on your custom project. Can we discuss some specifics? Contact our Senior Designer, Project Development Lead, Doug Reitmeyer @ 877.203.3562  or  doug@bensonwood.com 6 Blackjack Crossing Walpole, NH 03608 www.bensonwood.com   ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Countrymark Log Homes utilizes the latest 3D software to design your new affordable, energy efficient hybrid log home. We offer design consultation through face to face, phone and web meetings. You will be able to easily visualize your design in 3D on your own computer. Manufacturing the log home of your dreams: We take pride in delivering only the best craftsmanship. Our system offers hand-hewn, Appalachian rustic & round profiles creating superior authenticity & eye appeal.  See our Log Home Profiles section in the photo gallery for pictures of our different corner systems and log profiles. Imagine the harmony of the traditional log home look with the hybrid construction advantages that will offer you a lifetime of comfort you deserve. That is the goal of Countrymark Log Homes. We offer the superior concept of merging half logs with standard stick framing. Although simplistic, our Dovetail log corner system and no visible fasteners provide you a quality log home without the issues of settlement during construction and the life of your log home. The mission of Countrymark Log Homes is to provide the most affordable, energy efficient log homes through factory direct sales with unsurpassed customer service.  We guide the customer through the homebuilding experience to realize their dreams.

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      ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> You shouldn't either. Love where you live - Call or visit us today!  877-250-3300 ♦ www.ExpeditionLogHomes.com    ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]>  ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> We invite you to incorporate as much or as little of our services into your project as your see fit. –   Architectural design: planning, design, interiors –   Timber framing: design, engineering, manufacturing, build –   Enclosure systems: structural insulated panels and more –   Fine woodworking: cabinetry, doors, stairs, and more –   Recycled and sustainable wood: flooring, paneling, timbers, more This is a small peek inside our work. For more visit: www.newenergyworks.com/galleries   ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> https://landreport.com/pd/luxury-and-dude-ranches/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/luxury-and-dude-ranches/ 55114 0 0 0 Inclusive Luxury experience ensures a convenient and streamlined stay, with all lodging, food, premium beverages, wine cellar and a wide assortment of activities included in our rates. We invite you to join us for an unforgettable luxury ranch vacation during our 2015 season, from May 22- October 17, 2015    ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Champion Ranch is the premier luxury hunting ranch and resort for affluent guests looking for a private place to retreat and relax. We spared no expense in creating the most high-end ranch in all of Texas for you to excite your soul with stunning accommodations, world-class amenities, and exhilarating activities for both hunters and non-hunters alike.

At Champion Ranch, you’ll never hear us say “no.” Why? Because we stand firm in our belief that the bigger the adventure, the better the memories. We’re proud Texans and have integrated the philosophy of “go big or go home” into everything we do.

Champion Ranch is an 8,000 acre dream come to life. We wanted to create a private, luxury hunting ranch and resort experience that is authentically Texan. In Champion Ranch, we’ve created a place where guests come to get away from it all as they find their home away from home. We’ve built a breathtaking escape where you can discover for yourself what it means to be exclusively unknown.

Come retreat to Champion Ranch. We can’t wait to see y’all.

";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> https://landreport.com/pd/mapping-and-gis-services/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/mapping-and-gis-services/ 55115 0 0 0 To Fulfill This Mission We Will: Meet or exceed the expectations of each of our clients Listen to and actively communicate with our client Build enduring professional client relationships Set the benchmarks for quality in the markets we serve Develop innovative, best-of-breed products Evolve our products and services in response to our clients’ needs Deliver solutions that will serve our clients’ needs now and into the future

";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> https://landreport.com/pd/moving-companies-relocation/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/moving-companies-relocation/ 55116 0 0 0 Relocation Real Estate Brokers and Agents in Los Angeles A Message from the President When moving to a new community it’s hard to know where to turn for answers to your real estate questions — especially when Southern California is your destination. With over five thousand square miles, one hundred twenty two incorporated cities, and over three million single family homes and double the rental properties where does one begin to look for a place to call home? Unlike most Real Estate Brokers which focus on a small “farm” neighborhood our approach is unique and all encompassing. We cover the entire Los Angeles and Orange County real estate market- from luxury estates to single family homes to townhouses and condos. We listen carefully to our clientele, assess their needs and desires to find their new home that satisfies their individual, family and lifestyle needs. Our Real Estate Brokers start with an area tour of Los Angeles and Orange County providing clients with an in-depth presentation on home prices, re-sale trends, historical sales data, community information, commute times, schools, and entertainment choices. Additionally, we provide client’s access to the California Regional Multiple Listing Service (MLS) via client centered custom web portals which allow searching capabilities of active for sale properties on the market. In addition, our Real Estate Brokers will guide you through the process from initial search to final closing and remain in contact thereafter providing you with updated market information on your property and the real estate market throughout Los Angeles and Orange County. Global Point Relocation Solutions has earned the trust of its clients and colleagues throughout the real estate and relocation industry. Our reputation is highly regarded for professionalism and creative client services. This is why our brokerage stands out among hundreds of other real estate firms in Southern California.";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> https://landreport.com/pd/outbuildings-barns-steel-buildings/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/outbuildings-barns-steel-buildings/ 55117 0 0 0 https://landreport.com/pd/outfitters-fly-shops-guide-services/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/outfitters-fly-shops-guide-services/ 55118 0 0 0 https://landreport.com/pd/photography-videography/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/photography-videography/ 55119 0 0 0 "I live for a lot of things — my wife, my kids, time on the water — but there’s this side to me that still can’t believe I get paid to capture our world in stills and in motion. No matter if I’m airborne, underwater, or in the studio, I strive for an approachable, realistic style that’s natural and not overworked." — Gustav Schmiege";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> https://landreport.com/pd/ranching-suppliers-cattle-guards-etc/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/ranching-suppliers-cattle-guards-etc/ 55120 0 0 0 https://landreport.com/pd/recreational-real-estate/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/recreational-real-estate/ 55121 0 0 0 th generation ranch family, Allie knows the ins and outs of ranch lands–including cattle, horses, B.L.M. and U. S. Forest Service permits, water rights and all other land-use issues. Not only is she familiar with the needs and operations of a farm or ranch, as a sale representative for Superior Livestock Auction Company, she travels the area every day and knows the land. “It is with great pleasure that I look out and thank God that I live and work in this beautiful country,” says Allie. When it comes to land in the northeastern Nevada and the Great Basin, Allie and her team of agents have you covered.

 

";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Texas & Oklahoma Real Estate Agent & Land Specialist Ben Jackson began selling Texas land in 2015 and became licensed in Oklahoma in 2020. He specializes in representing rural land sellers and buyers looking to purchase land including unimproved land, timberland, ranches, farms, horse properties, recreational properties and hunting land for sale in Texas and Oklahoma. “I left working for the government because I realized there was more opportunity in the private sector,” said Jackson. “I really enjoy working with people and helping them buy land. I share that same appreciation for land that my clients do. I also work with a broker who shares that passion and that’s why I joined his team. Carroll (Bobo) is the most respected rural land sales expert in the area.”   Rural Land Specialist & Realtree Land Pro Ben brings extensive experience in and knowledge of forestry, wildlife science and business to the United Country Bobo Realty & Land Company team located in Tyler, Texas. Prior to joining United Country Real Estate, he was a Hunting Outfitter and Forester, and before that a Wildlife Specialist and Beaver Trapper for the United States Department of Agriculture. As an avid hunter and outdoorsman, he ranks Whitetail deer, turkey and elk hunting at the top of his list. Jackson also has a bachelor’s degree in wildlife science and business administration from Auburn University.   Top-Producing Texas and Oklahoma Land Agent Ben is a top-selling real estate agent, Realtree Land Pro and leader in the land industry. He has been nationally recognized for his professional accomplishments including the 2018 United Country Texas Top Agent and 2018 Top 10 United Country Producing Agent. He uses hunting, forestry, land conservation, and business skills when helping landowners who have rural land for sale and buyers looking to purchase land, recreational land, ranches, farms, hunting land, and horse properties in Texas and Oklahoma. With thousands of land and recreational listings, United Country Real Estate is your largest source for purchase or sale of land property nationwide. Contact Ben today and connect with his vast network of buyers, investors, and landowners to help your rural real estate dreams come true!

   

   ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> LandsofTexas.com. We are also members of several organizations to include the Texas Alliance of Land Brokers, Texas REALTORS®, and the National Association of REALTORS®. We comply with a strong code of ethics and stay up to date with the latest market trends. Awarded as one of America’s Best Brokerages for 2020 by the magazine of land owners, The Land Report. Whether you are planning to sell or looking to buy, we are available 7 days a week around the clock and are ready and eager to help!";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> truly within your reach. Properties available through the PotlatchDeltic Preferred Broker Network offer the buyer a rare ownership opportunity. Having been owned and responsibly managed by PotlatchDeltic for over a half century, many of these properties are only now available and in limited quantities. With recreational, legacy and investment opportunities around the U.S., we have locations, features and acreage to suit every buyer’s dream and budget. Let us show you why PotlatchDeltic is the only name you’ll need to know when it comes to recreational property.  We look forward to helping you with your property search. Get started today and visit us online, where you can find and preview properties in your neck of the woods and meet our Preferred Broker Team, each a local expert specializing in the area where you want to purchase land. Buy our land for play, own it for life.   ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> UNPARALLELED ONLINE MARKETING Western Ranches offers the most comprehensive online marketing presence for listings. We have designed our digital strategy to give buyers the detailed property information they want and to ensure they are able to gain the information on your property in the most convenient way. ONLINE MEDIA SYNDICATION Your listing will be part of the most extensive online marketing program, which submits your property to over 160 publishers reaching home buyers on more than 900 websites. Our syndicated listings receive over 900K search views and 115K detail views a month. WEB MARKETING Robust search engine optimization, search engine marketing, and inbound marketing campaigns attract thousands of qualified visitors to the website each month. We make sure buyers can quickly find your property. Western Ranches is actively involved in social media.

WYOMING (main office) 80 West Broadway Jackson, WY 83001 (307) 733-6060

MONTANA (main office) 1612 West Main Street Bozeman, MT 59715

";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]>   Testimonials: D. McGinnity | Owner T Cross Ranch When the owners of T Cross Ranch LLC embarked on the process of selling our beloved ranch, we believed that Ted Harvey’s extensive experience in buying and selling all sorts of ranch properties in the West was a good fit for our situation. This belief was strengthened greatly by Ted’s in-depth knowledge of dude ranches, both as an operator and a broker. Our belief and expectations were borne out more fully than we ever imagined. After recently closing on a very successful sale of T Cross, we can definitely say that we made the right decision. Throughout the entire sales process, Ted not only proved to be that knowledgeable resource we thought we were hiring, but also to be incredibly diligent, persistent, patient, and accessible. He was a wonderful, candid, and sensitive advisor to us and earned a high degree of credibility among our group of owners, some of whom had family ties of over 50 years with the ranch. We firmly believe that Ted went well beyond the normal listing broker responsibilities on our behalf and was instrumental in bringing the sales process to such a successful close. We are grateful to Ted and Live Water for all that they did for us and would highly recommend him to anyone buying or selling a ranch property! Pete Simpson “I want to testify to the professional guidance given me by ranch broker, Ted Harvey, during a recent negotiations for the sale of a piece of ranch property I owned on the South Fork of the Shoshone River in northwestern Wyoming. I’ve known real estate brokers for many years, some of them friends, some of them business associates. But, I never knew a more honest, persistent, hard working man nor a man of greater integrity in the business than Ted Harvey. He was the luckiest break our family ever had. Let me explain. I had been interested in selling a 40 acre tract on Ishawooa Creek for eight years since 2005. I negotiated on my own at first - to no avail and then through an old broker friend - again to no avail. I had begun to despair as had my wife. She is seventy five and I am in my mid-eighties. Our end-of-life plans for ourselves and for our children rested on this sale. When I was about to give up hope along came Ted Harvey. I was struck by his straight forward candor and I trusted him from the moment I saw him. He went to work with diligence and I knew he was representing my interests vigorously and aggressively which proved particularly true when company policy initiated a limit of one million dollars on all property sales. My piece did not make that cut. But, Ted Harvey stood by me and convinced the company that he and the company should continue the effort because, as he put it, “I promised I would help him sell it!” That candor persuaded the powers that be and literally saved our retirement years as well as alleviating our children’s anxieties and worries. We literally owe Ted Harvey our later lives and I cannot recommend him more highly than to say, if anyone wants to be represented fairly, treated with respect, worked with honorably and advocated for with vigor and expertise then there are no others I know now nor ever have known who can do that better. He’s a winner and he’ll do any of your customers proud!” Kenny Long, Owner of Crossed Sabres Ranch “Our dream to own a Dude Ranch could not have been fulfilled without your efforts. A real estate agent is not versed in the complexity of purchasing a ranch, much less a dude ranch. Your expertise in ranch real estate was invaluable as we went through due diligence, developed the business plan and applied for a twenty-year National Forest Service lease. We were appreciative during, but three years later, we look back and truly understand how fortunate we were to have you as our advisor. We believe your guidance ensured our dream became our reality. We remain grateful for your time, patience and attention. Be assured the light will always be on at our ranch for you and your family..” Doug Howard, Managing Partner, Flying H Ranch As the managing partner of the Flying H Ranch I had tried two previous big name realtors involved in trying to sell the ranch, which had been in our family for over 60 years. I had experienced far too many showings in the past, where the potential buyers had not really been serious in one manner or another. The ranch had been on the market for approximately 8 years with no offers. When Ted Harvey came on board, I quickly grew to appreciate his straightforward, professional and hard working style. He properly vetted clients so that those viewing the ranch knew exactly what they were looking at. The buyer that eventually purchased the ranch was a party that came forward knowing that the ranch was the perfect fit for what they were looking for. Selling a property like this was a tremendous amount of work and I was even more thankful to have Ted on board then. He handled so many details and tasks in a seamless and professional manner. More than I thought any realtor would have done so normally. I have bought and sold many properties over the years and Ted has been the best realtor I have used. I have no complaints and nothing but high praises in every aspect of the process from the beginning listing to the closing date and beyond. I would highly recommend Ted Harvey to anyone and wouldn't hesitate to call him as my one and only choice for the future. I also have several family members who are already in contact with him on other properties, as a result of how he handled the Flying H Ranch. ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Mountain Rose Realty | Telluride, Colorado.  Luxury Lifestyle Real Estate Advisors.  Anne-Britt Ostlund, founder of and luxury lifestyle real estate advisor for the boutique brokerage Mountain Rose Realty, is one of the leading real estate agents in the Telluride, Colorado.  She has an extensive client base who seek the luxury lifestyle in the mountains of the SW San Juans of Colorado and provides a steady, expert hand to her clientele with over 20 years of experience in the mountain lifestyle and the industry. CONTACT: Anne-Britt Ostlund MOUNTAIN ROSE REALTY | Telluride, Colorado Broker/Owner | Luxury Lifestyle Real Estate Advisor www.MountainRoseRealty.co voice/text. 970.729.8005";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> https://landreport.com/pd/soil-and-water-testing-labs/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/soil-and-water-testing-labs/ 55122 0 0 0 https://landreport.com/pd/tax-deferral-strategies/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/tax-deferral-strategies/ 55123 0 0 0 contact us to discuss what tax deferral strategy may be appropriate for your specific situation.";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> https://landreport.com/pd/waterfront-estate-properties/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/waterfront-estate-properties/ 55124 0 0 0 LandsofTexas.com. We are also members of several organizations to include the Texas Alliance of Land Brokers, Texas REALTORS®, and the National Association of REALTORS®. We comply with a strong code of ethics and stay up to date with the latest market trends. Awarded as one of America’s Best Brokerages for 2020 by the magazine of land owners, The Land Report. Whether you are planning to sell or looking to buy, we are available 7 days a week around the clock and are ready and eager to help!";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Maryland’s Eastern Shore - “Land of Pleasant Living” - A Unique Way of Life. Living on the Eastern Shore is a Special Occasion! Residential - Waterfront Farms and Estates - Country Homes - Land - Properties Historic - Vacation Rentals — Special Weddings and Meeting sites - Auction Opportunities - Trades - Investment Properties  IT’S ABOUT ACCESS ….   Chesapeake Bay - Sailing Capital - Marine Activity - Rich in the Bounty of Nature For Those whose Love of Nature and the Out-of-Doors is Passionate and Profound! The Shore lies on one of the largest watershed basins in the United States: 200 miles long, 5600 miles of shoreline which includes six states. The Chesapeake Bay, with 46 principal rivers, and countless creeks and bays is the largest inland Body of water on the East Coast. Captain John Smith described the Chesapeake Bay —“a faire bay…Heaven and Earth never agreed better to frame a place for man’s habitation.” IT’S ABOUT DIVINE LIVING …. Talbot County - Located directly on the Chesapeake Bay. An area steeped in History. Talbot County is a place that can easily be called “Home.”   Strategic and accessible - close to power centers with great wealth, Talbot County has always been famous for its boating, hunting, fishing, crabbing, oyster harvesting and extensive wildlife but has been quickly gaining a creditable reputation for its shopping, dining and art, as well. Talbot County is a unique blend of a small town atmosphere with a cosmopolitan population. Museum-Quality homes, an economical tax structure, a safe atmosphere! There is a richness of the past, the joy of the present and warm prospects for the future. Close proximity to quality medical facilities and airport. A boat ride away from the historic waterfront towns of Oxford & St. Michaels. Baltimore & Washington & Annapolis, are an hour away. IT’S ABOUT CONVENIENCE …. Jonathan T. Ginn — 410-310-4966 - Specializing in Coastal Living on Maryland's Eastern Shore. Jon is real estate professional with special market knowledge and strong competency. Jon’s approach to real estate is value-oriented, while offering a commitment to reliable, confidential service and guidance, which give his customers an advantage - the advantage of confidence. Commitment - Save the Oyster. Save the Bay. Jon donates a portion of every commission earned to Chesapeake Bay Foundation to build oyster reefs to naturally restore water quality and fish and wildlife habitat in the Chesapeake Bay - Meredith Fine Properties Group - Lacaze Meredith Real Estate, A Long and Foster Company — 410 822 2001 - Exclusive Affiliate of Christie's International Real Estate. IT’S ABOUT BUSINESS….                ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> https://landreport.com/pd/web-and-social-media-services/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/web-and-social-media-services/ 55125 0 0 0 https://landreport.com/pd/whitewater-rafting/ Thu, 14 Jul 2022 12:42:12 +0000 https://thelandreport.c51dev.com/pd/whitewater-rafting/ 55126 0 0 0 https://landreport.com/pd/real-estate/ Thu, 14 Jul 2022 12:42:13 +0000 https://thelandreport.c51dev.com/pd/real-estate/ 55128 0 0 0 LandsofTexas.com. We are also members of several organizations to include the Texas Alliance of Land Brokers, Texas REALTORS®, and the National Association of REALTORS®. We comply with a strong code of ethics and stay up to date with the latest market trends. Awarded as one of America’s Best Brokerages for 2020 by the magazine of land owners, The Land Report. Whether you are planning to sell or looking to buy, we are available 7 days a week around the clock and are ready and eager to help!";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> Wendy Johnson, ALC. Owner|Founder was raised in St. Charles, Illinois on her family’s ranch with the love of the outdoors and animals. Wendy spent 15 years working as a paralegal for law firms in Illinois. She owned/managed Oak Knolls Stables Equestrian Facility in Illinois, where she trained, and competed horses inspiring other equestrian enthusiasts. After relocating to the Lone Star State in 2012 she because a licensed broker specializing in Farm and Ranch, Agricultural Land, Land Development, Recreational, Hunting, Luxury Ranches and Unique Residential properties in Texas. She implements strategic and tactical marketing and sales campaigns. Leveraging her Broker’s license and Accredited Land Consultant (ALC) Designation and past Paralegal skills, her knowledge and expertise of the marketplace along with a comprehensive network of professionals, ensures that each transaction is well represented. She is very passionate with the National Organization of Realtors® Land Institute, “The Voice Of Land” which she sits on the Education Committee to assist with the courses for the professional agents who specialize in Ranch Real Estate. She is also the Secretary for the Realtors® Land Institute Texas Chapter. She has assisted and ran the breed shows for ApHC. She is a member of AQHA, NSBA and ApHC. She continues to compete with her horses on the National and World level, while also finding time to vacation, hike and ski. Wendy lives the lifestyle she represents. ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> King Homes and Land Realty. Our team of dedicated full-time professionals helps buyers, sellers and investors get ready for the most important transaction of their lives. With over 16 years of experience, we continue to consistently be one of top selling offices in Northwest Colorado. To us its not about the sale, but rather the family who is able to achieve their lifestyle goal by understanding what is most important to you. Using our knowledge of the industry and our connections across coinciding industries, we are able to ensure our clients feel they are being cared for as family. By partnering with the most dynamic real estate company in Northwest Colorado, you will find us laid-back but driven, compassionate but hardworking to help you make major purchases and locate smart investments. About King Homes and Land Realty Our brokers specialize in residential, ranch, and commercial purchases. Take advantage of our expertise — by keeping our finger on the pulse of the market, we are able to keep you up to speed on trends and developments affecting your decision to buy or sell. We also manage over 80 rental properties and help new and seasoned investors build their real estate portfolio. Our service areas include:

• Craig
• Steamboat Springs
• Hayden
• Meeker
• Oak Creek

See all your options in the market. We offer unlimited access to the Multiple Listing Service (MLS) of the Craig Board of Realtors and Steamboat Board of Realtors, where you’ll find some of the finest properties in Northwest Colorado.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> Texas Brokerage Specializing in Rural Land for Sale United Country Bobo Realty & Land Company, based in Tyler, Texas, was founded January 1, 1999 by Carroll and Mollie Bobo lifetime residents of East Texas. A consistent top-producing full-service real estate brokerage specializing in rural lifestyle properties for sale including land, farms, ranches, recreational and hunting property, timberland, and country homes throughout East Texas. The office serves these counties within the Piney Woods Region of Texas: Smith, Anderson, Cherokee, Gregg, Henderson, Rains, Rusk, Upshur, Van Zandt and Wood counties.   Professional Texas Land Broker & Realtree Land Pro As a top producing land broker, Carroll’s extensive network in the rural property markets reaches across the country and around the world through memberships in the National Association of REALTORS, Texas Association of REALTORS, REALTORS Land Institute, Land Broker Co-op and UC Ranch Properties. In addition, he claims the coveted Realtree Land Pro designation and leverages national marketing expertise as a Realtree United Country Hunting Properties partner. Carroll serves as the National Director, United Country Recreational Property Group and is heralded as a subject matter expert in recreational properties for sale. With extensive knowledge of land, farms, ranches, recreational and hunting property, timberland, and country homes, paired with knowledge of local East Texas land markets, Carroll and his team of top producing agents are ready to help you buy or sell rural property.   Texas Ranch Broker & Rural Property Specialist Carroll Bobo One of Carroll’s personal goals was to incorporate his love of the great Texas outdoors with his business endeavors. As a Real Estate Broker and Rural Property Specialist, Carroll Bobo uses his 38 years of knowledge and experience in rural real estate sales, land management, hunting, negotiation and business skills when uniting buyers and sellers of rural property. United Country Real Estate has the most powerful specialized marketing system in the real estate industry for recreational land, farms, ranches, hunting land and country homes. Contact Carroll today and connect with his extensive network of buyers, investors, and landowners to successfully achieve your rural real estate goals, dreams and desires! ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> https://landreport.com/pd/pacific-land-brokers/ Thu, 14 Jul 2022 12:42:13 +0000 https://thelandreport.c51dev.com/pd/pacific-land-brokers/ 55129 0 0 0 Clark Company began as a stage and cattle company in Ventura County in the 1890's. Five generations later, we specialize in ranch sales and land management in the western United States, engaging in ranch real estate since 1958. Our staff is very knowledgeable, fully involved with the agricultural industry, maintains and operates our own family ranches, and is well acquainted with ranches and farm properties of the western United States. Whether the acreage you seek is for farming, ranching, recreation, homesteading or investment, Clark Company's extensive listings and associations will provide Buyers and Sellers, both foreign and domestic, an impressive array of choices. Our involvement on the client's behalf does not cease with the sale of property. Our experienced team is eager to assist in ranch management, particularly on behalf of the absentee owner/ investor. If you are considering buying or selling property, or would like to discuss our ranch management services, please give us a call. We are happy to answer any questions you may have.";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:0:"";}]]> The Chickering Company specializes in locating, and assisting clients in acquiring, unique mountain and ranch properties throughout California and the Western United States. Whether it's a fly-fishing ranch in the Rockies, a pastoral West Marin setting, a horse ranch in Carmel Valley, or a High Sierra lake property, we find the best the West has to offer.   As a part of our interest in the legacy of preserving the land for future generations, we do not represent clients interested in development or subdivision.   This is a company dedicated to preserving our heritage and playing a role in leaving the natural landscape as we have found it.  Tomorrow's generation deserves natural landscapes to cope with modern life in urban environments.  Through ongoing research and networking with other brokers and owners throughout the West, we pursue the search for the best country and recreational ranch properties available. We do not engage in the business of residential, commercial or industrial real estate, reserving our expertise for ranches and large land holdings.  The Chickering Company has been uniquely successful in attracting discriminating clientele by providing knowledge about where to go, how to find good value, and how to avoid wasted trips to ranches with "fancy" advertising but little to recommend them when on the site. Our purpose is to avoid wasted trips and to transact on only the best there is on the market.  We also engage in numerous private transactions involving Sellers wishing to convey title outside the public market place to an exclusive clientele. (Many interested Sellers of high-end recreational retreats prefer to have a transaction completed under the radar and not in the public eye.)  In these situations we are often able to bring in one of our mezzanine clients to purchase the property privately. We will then assist the Seller and Buyer coordinating the many due diligence investigations, and oversee their interests during escrow. By specializing in ranches throughout California, Nevada, Oregon, Idaho, Montana, Wyoming, New Mexico, Colorado and British Columbia, we maintain constant contact with the major ranch brokers in the West, trading information as it becomes available to offer the best chance to find that unique property, otherwise buried in the public market place. ";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:0:"";}]]> Land and Wildlife is a growing team of licensed real estate professionals, who specialize in helping buyers and sellers of ranch land, timber tracts, farms for sale, hunting property, fishing property, resorts, resort homes, horse properties, timber land, waterfront properties and more throughout Oregon and Washington State. As a founding partner of LandLeader, we've proudly achieved over $200 Million in real estate sales volume, while our noteworthy production per broker that is matched by very few. The reasoning is simple,..our marketing plan is unique and successful, as a result of matching user requirements with property characteristics; while limiting our brokers to only individuals whom share a passion, skill and the highest ethics for the outdoors way of life. We're crazy about hunting, fish and wildlife, farming, ranches, mountains, waterfront, timber tracts....and helping others preserve what makes the great Northwest so sensational! If it's about the Northwest, we understand it, and have the professional team in the field to ensure you the highest standards of real estate experiences. If you're interested in buying or selling land in Oregon or land in Washington, e~mail or give us a call today, we're eager to assist!";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:7:"Pacific";}]]>   ";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:0:"";}]]> King Homes and Land Realty. Our team of dedicated full-time professionals helps buyers, sellers and investors get ready for the most important transaction of their lives. With over 16 years of experience, we continue to consistently be one of top selling offices in Northwest Colorado. To us its not about the sale, but rather the family who is able to achieve their lifestyle goal by understanding what is most important to you. Using our knowledge of the industry and our connections across coinciding industries, we are able to ensure our clients feel they are being cared for as family. By partnering with the most dynamic real estate company in Northwest Colorado, you will find us laid-back but driven, compassionate but hardworking to help you make major purchases and locate smart investments. About King Homes and Land Realty Our brokers specialize in residential, ranch, and commercial purchases. Take advantage of our expertise — by keeping our finger on the pulse of the market, we are able to keep you up to speed on trends and developments affecting your decision to buy or sell. We also manage over 80 rental properties and help new and seasoned investors build their real estate portfolio. Our service areas include:

• Craig
• Steamboat Springs
• Hayden
• Meeker
• Oak Creek

See all your options in the market. We offer unlimited access to the Multiple Listing Service (MLS) of the Craig Board of Realtors and Steamboat Board of Realtors, where you’ll find some of the finest properties in Northwest Colorado.";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:0:"";}]]> About California Outdoor Properties

• We specialize in buying and selling the finest recreational, hunting, fishing, equestrian, farm and ranch properties.
• What sets California Outdoor Properties apart from other brokerages is our marketing. In today's market, we heavily market on the internet through a multitude of websites and Multiple Listing Services.
• We go above and beyond what most brokerages offer. Our team will work hard for you, listening to your interests and needs, researching possibilities, and through our expansive referral networking and extensive local, regional, national and international advertising, we will bring buyers and sellers together.
• We welcome cooperation with Brokers and Agents and offer referrals

";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:7:"Pacific";}]]> Land Brokerage & Auctions: Peoples Company’s unique infrastructure, collaborative culture, processes, personnel, and marketing strategies deliver the best possible results for buyers and sellers through innovation, market knowledge, and communication. Peoples Company’s experienced team of land professionals specialize in traditional listing services, public auctions, and online auctions throughout the country. Land Management: Peoples Company takes a different approach to managing farmland and does so in a socially responsible manner with environmental issues being actively addressed. Peoples Company land managers utilize advancing technologies to document and analyze yield and production history, fertility, soil health, conservation practices, and capital improvements to improve yields, increase income, and maximize appreciation of each asset. Agricultural Appraisal: Peoples Company’s dedicated team of appraisal professionals and consultants have the skill, experience, and resources to provide the most accurate property valuation available. Peoples Company’s appraisers utilize the most up-to-date technology and a comprehensive real estate sales database to arm themselves with the latest market trends and intel. Land Investment: Peoples Company tailors its proactive land investment program around identifying investment-grade land acquisitions for investors and sources of capital for farmers who are looking for someone to purchase land they can lease. Peoples Company offers asset management for high-net-worth individuals and institutional investors in conjunction with its affiliate, Alternative Equity Advisors. The Land Investment Expo, presented by Peoples Company, is now recognized as the nation’s premier farmland event attracting more than 900 attendees and featuring some of the most recognizable names in land ownership. In addition to top notch keynote speakers each year, attendees can choose from several breakout sessions covering a range of highly relevant topics and emerging trends important to the farmland asset class. The Expo provides an excellent opportunity to establish new relationships with exhibitors, speakers, and attendees with similar interests. For more information, please visit PeoplesCompany.com or call 855.800.5263 (LAND).";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:0:"";}]]> https://landreport.com/2007/05/the-tom-brokaw-interview/ Tue, 01 May 2007 07:00:30 +0000 http://67.205.9.54/?p=30 ]]> 30 0 0 0 https://landreport.com/2008/01/tigua-indians-make-their-land-claim/ Sun, 27 Jan 2008 07:00:34 +0000 https://www.landreport.com/?p=224 Land Report Editor Eric O'Keefe reports on a claim made by the Tigua Indians. ]]> 224 0 0 0 https://landreport.com/2008/01/the-sale-of-the-forbes-ranch/ Sun, 27 Jan 2008 07:00:07 +0000 https://www.landreport.com/?p=225 Land Report Editor Eric O'Keefe discusses one the biggest sales of 2007, the 171,000-acre Forbes Trinchera Ranch in Colorado to hedge fund manager Louis Bacon. ]]> 225 0 0 0 https://landreport.com/2007/10/pitching-the-perfect-investment-plan/ Mon, 01 Oct 2007 07:00:16 +0000 https://www.landreport.com/?p=13872 Major League Baseball’s all-time strikeout king began to buy ranchland in Gonzales County when he was making but $7,000 a year. For comparison’s sake, keep in mind that at the height of Roger Clemens’s career, the Rocket earned an estimated $11,000 a pitch. Ryan ultimately did make the Mets’ starting rotation, and he went on to enjoy the longest and one of the most storied careers in the game’s history. His election to Cooperstown had all the suspense of an intentional walk. Profit-taking was never his motive. Said Ryan, “I always felt like it wasn’t something that I bought expecting to sell. But I always felt like if from a financial standpoint I got in a position where I needed to sell it, that one, it would turn out to be a good investment for me, and two, I would be able to sell it. I have always felt very good about the investment in land that I have made.”

“I’ve always felt that in our country land is a very good investment, and I think that if you put some thought and a little research into it, you can find a piece of property.” – Nolan Ryan, The Land Report, October 2007

]]> 13872 0 0 0 https://landreport.com/2007/04/agricultural-exemptions-cut-your-taxes/ Sun, 01 Apr 2007 07:00:00 +0000 https://www.landreport.com/?p=102 BY TREY GARRISON Anne Barnett has seen it all. The Florida real estate broker is also a licensed commercial appraiser and has developed and sold properties in Key West, Georgia, and throughout North and Central Florida, including Gainesville, where she bases her company, Southern Property Services. Her clients run the gamut from savvy investors to greenhorns like the South Florida attorney who hired her not long ago. The man and his partners had just bought 232 acres. "These weren't land guys. They just about bought it sight unseen. This was an investment for them," she says. Barnett got to work and evaluated the property. To her surprise, she discovered planted pine trees, a fact not noted on the county tax rolls. As in many states, agricultural land in Florida is typically taxed at far lower rates than land designated residential or commercial. Planted pine trees are one of the myriad ways to lower a property's assessed value. The catch comes at closing. Just because title changes hands doesn't mean the planted pines exemption does too. "This is one of the most low-maintenance exemptions you can have for a tract of land like this. In fact, appraisers only come out about every five years to evaluate these, if that tells you anything," Barnett says. She regularly sees landowners and investors in Florida and Georgia who have no idea of the exemptions, tax credits, and other deductions that are available. A lot of owners aren't even aware that exemptions are also available for low-maintenance improvements. The bottom line is that by filing the appropriate paperwork and securing a simple exemption, the landowner's property tax bill dropped from $17,000 to about $800, a 95 percent savings. "I'd say that's noticeable," she says. Stories like this abound in Florida and are a source of continual annoyance for local governments, which tend to treat absentee landowners as cash cows. John Meshad, a Sarasota attorney who owns more than 50 acres with an appraised value greater than $5 million, could have been assessed at more than $95,000. But because he maintains cattle on the land, his tax liability in 2006 was less than $5,000. Harry French, a part-time Boca Raton resident with significant holdings just a stone's throw from the Gulf of Mexico, initially had a tax liability of about $50,000. But because he planted coconut palm trees, his tax bill is now less than $100. Both landowners were roundly criticized in a newspaper article even though their operations were well within the limits of the Florida law. The Sunshine State's exemptions, like those in many other states, can be quite generous. A wide range of qualifying uses exists in Florida, including bee yards, horse-breeding operations, orange groves, and even alligator farms. The subject lands don't even have to be rural. The 2005 records from the Orange County tax assessor stated that in this county alone, there were 2,295 parcels totaling 123,899 acres that utilized the agricultural classification with a total assessed value of $2.2 billion. After exemptions, the assessed value declined 85 percent to $334 million. Ag exemptions can even benefit those who don't own land. A recent story in the Orlando Sentinel profiled a Florida  cattleman, Steve Maland, who owns a herd of 400 head despite the fact he doesn't own a single acre of pastureland. His herd is spread out over 6,000 acres in four Central Florida counties, acreage owned by land developers and speculators. Maland gets grazing rights on land he couldn't afford. The landowners get ag exemptions without having to own their own herds. Although some county appraisers complain this goes against the spirit of the exemptions, it's all above board. Local review boards, as well as the courts, routinely side with landowners. "There is a symbiotic relationship in our service," Maland told the Sentinel. "If a landowner is staring down the barrel of the tax gun, he might see what we do as beneficial." That's certainly the case with John Benda, the owner-operator of Fuel City No. 2. His nationally known truck stop sits at the confluence of Interstate 30 and Interstate 35E in downtown Dallas. Fuel City was recently recognized as serving some of the best tacos in Texas, but the long line at the taco stand is not its most distinctive feature. The herd of longhorn cattle grazing on the far side of the big rigs is. Benda estimates that pasturing the longhorns on the land behind the truck stop saves him about $30,000 a year. And judging from the wide-eyed stares, it's not bad for business either. Many states have numerous exemptions or land-use classifications on the books. A good number of these date back to the 1950s and were a response to the post-war boom and subsequent suburban growth. City folks started buying land in outlying areas previously reserved for farms and ranches. Commercial development followed, and land values began to climb. Higher taxes hurt family-run farms and ranches, so state legislatures enacted agricultural use exemptions, which lowered ad valorem taxes and shielded this important constituency from rising costs. Exemption regulations differ from state to state and in most cases are not limited to full-time ranchers or farmers. For instance, in Texas most of the land designated for exemption, including the pasture behind Fuel City, is done so under open-space regulations, which only require that the land be devoted to agricultural use. The landowner can be a farmer or a Fortune 500 company. "For most landowners, it's a big savings," says Wesley Crooks, a land broker in San Angelo, Texas. "There are a lot of requirements to get the exemption, but in Texas it transfers from owner to owner." In the Midwestern and Plains states, in addition to ag exemptions, lawmakers are looking to help encourage a new generation of smaller farmers. Iowa enacted a state tax break in 2006 designed to save landowners up to $8,000 in property taxes if they rent up to 320 acres to young farmers. A similar program has been in place in Nebraska since 2000. Darrell Dunteman, an Illinois accountant who specializes in rural land, puts out a regular newsletter called Farm and Ranch Tax Letter. In it, he offers advice on everything from little-known tax deductions to the kind of exemptions and write-offs that can save landowners significant amounts. He advises landowners to seek out managers who can source federal and local dollars as well as identify exemptions for making environmentally friendly improvements, such as planting grasses or developing wetlands. Fellow Midwesterner and land management expert Bill Winke puts it more succinctly: "It sounds funny, but the best friend you can have in offsetting costs and taxes will often be your county appraiser and your local soil office." By contrast, Western states don't have nearly as many ag exemptions on the books. Credit this to lower population density and the lack of large urban centers. Greg Fay, owner of Fay Management and Fay Ranches in Bozeman, provides management and brokerage services to ranch buyers and fly-fishermen angling for blue-ribbon trout streams in his home state of Montana as well as in Colorado, Idaho, Oregon, and Wyoming. His typical client is an affluent professional from the East or West Coast. Most likely they're already sold on the terrain, so the first thing Fay sells them on is the idea of a conservation easement. A conservation easement is a federal vehicle that has been described as the "legal glue that binds a property owner's good intentions to the land." The property owner retains title to the land but surrenders the right to develop or subdivide his land through a perpetual deed restriction. No two conservation easements are alike. Each is tailored to the unique character of the land. "This is an attractive program to people with sizable incomes," Fay says. "The income tax benefits are  excellent." The value of the easement as a charitable gift is determined by an appraiser who values the property before and then after the deed restrictions are applied. The difference between these two values is the amount of the charitable gift for tax purposes. Some states, including Colorado, Virginia, Maryland, and North Carolina, offer deductions from state income taxes as well. "You'd be surprised how quickly people who may have never been philosophically conservationminded suddenly become conservationists," Fay says. One of the most significant conservation easements involved Maine's Pingree family (see page 37), which sold development rights to 762,192 acres to the New England Forestry Foundation. The Pingrees didn't take a write-off; they opted for cold hard cash: a cool $28 million or close to $37 per acre. Fay says landowners should look beyond exemptions for ways to save money while being stewards of their land. In Montana alone, programs are available to landowners for everything from habitat to wetland and riparian improvements. The programs are designed to offset costs for landowners through outright grants or cost sharing. "The state wants to accomplish certain environmental and habitat goals," Fay says. "You know trout fishing is big here, and money is available for improving the streams on your land. And this is exactly the kind of thing a lot of land buyers coming to Montana are looking for anyway. They aren't for the most part buying the land to develop it commercially. They want a piece of land they can enjoy now and for their children. They want to get back in touch with the land and have that piece of it that's just their own. So in a sense they are getting a benefit or a break for something they would be doing anyway whether it's improving the land or just ensuring it doesn't get developed."]]> 51863 0 0 0 https://landreport.com/2007/06/is-the-clean-water-act-polluted/ Fri, 01 Jun 2007 07:00:38 +0000 https://www.landreport.com/?p=103 BY JOSEPH GUINTO PUBLISHED JUNE 2007 Currently the act gives the federal government regulatory authority over "navigable" interstate waterways. It's intended to limit pollution discharges into major U.S. rivers and lakes. But the Clean Water Act's scope could get a lot broader. A bill backed by Rep. James Oberstar (D-Minnesota) would slice the word "navigable" out of the act. The bill's backers say the change is crucial. For one thing, they argue that the Clean Water Act's powers have been diminished in recent years by court rulings and other acts of Congress. They also say the word "navigable" unfairly limits the government's powers to keep major waterways clean because non-navigable waters-think ponds and streams too small for boating traffic-may feed into navigable waters. That's certainly true. Non-navigable waterways come into some form of contact with navigable waters all over the country. But how the final, rewritten Clean Water Act would read could make the difference between the feds regulating major non-navigable waters and, well, that troubling mud puddle. Rob Robertson, vice president of governmental relations for the Nebraska Farm Bureau, is one of those worried about the puddles. "This would move the Clean Water Act beyond protecting wetlands and waterways by creating legislation that would regulate nearly every wet area in the nation, from ditches to gutters and possibly groundwater." Oberstar says his Clean Water Authority Restoration Act is simply intended to restore the Clean Water Act's original intent-to give regulatory agencies the power to keep interstate waterways clean.]]> 51864 0 0 0 https://landreport.com/pd/other/ Tue, 19 Jul 2022 09:32:57 +0000 https://thelandreport.c51dev.com/?post_type=pd&p=55127 55127 0 0 0 wingshooting and fly-fishing destination complete with a big game hunting program. The ranch is located just outside of Kamiah, Idaho and has been the destination of explorers, outdoorsmen, and adventurers for many generations. As caretakers of this unique property we continue...

• Refining our habitat through well thought out land-use projects with stunning results
• Building on our excellent gundog program
• Showing a sense of duty and commitment to the community through outreach to our American soldiers, past and present; and supporting youth programs and other local organizations
• Keeping a quality staff for nearly 30 years

After you arrive at the ranch, everything you need is inclusive…

• Fishing and hunting gear
• Guns and ammo
• Open bar, gourmet cuisine and other fine amenities

With a variety of species to hunt and the most beautiful Northwest terrain to explore, we strive to exceed your expectations.         ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Jon Kohler & Associates, please submit the form below and we'll be in touch.";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Exclusive Real Estate for Sale The LandLeader® website is your resource for the best farm, ranch and recreational real estate across North America. Our land specialists represent land for sale, farms for sale, waterfront properties, timberland, recreational land, legendary ranches, hunting land for sale and more. Whether you farm, ranch, hunt fish or just enjoy land ownership and the outdoors, our brokerages are the best in their markets. No matter your pursuit, we're here to help you find your perfect property. LandLeader® exclusive members are professional land experts for various types of properties across the country. Our brokerage partners specialize in selling rural land, recreational properties and large tracts of land. LandLeader® agents are the leaders in their territories and continue to represent their clients' properties with trust, integrity, and a deep knowledge of land values.   ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> agricultural, recreational, and timberland properties. We have distinguished ourselves across the region as a top agricultural brokerage firm. We got our start working with small, cultivated parcels, and have worked our way up. Our primary goal is to handle our clients' transactions, whether it be 40 acres or 10,000 acres with the same attention, dedication, and enthusiasm. Some of our staff members own and operate farms or come from farm families, which gives us the knowledge and understanding of the many issues facing agricultural buyers and sellers today. As avid sportsmen and conservationists, we at Lile Real Estate seek to connect important recreational land with people who value it. Our business is providing seasoned advice and professional service to ensure a sound investment for generations to come. We have a lifetime of personal experience with recreational property ownership, leasing, management, and development throughout the region. Our knowledge gained from this experience helps our clients make informed decisions with their own properties. Additionally, our company has a wealth of experience and technical knowledge with the issues related to recreational property development. Restoring or creating wetlands, water and mineral rights, working with government agencies and programs, conservation easements, and biologists are just a few of the areas we can assist with. Sharing and respecting our clients' outdoor and sporting lifestyles and our sincere love of wildlife and the natural environment uniquely qualifies us to assist in each aspect of recreational property ownership. Whether it be purchasing a hunting or fishing property, or a country retreat, we can help. As rural land agents, our company would not be complete without a strong interest in timberland. Timberland is an excellent way to balance a portfolio as its value seems to rise even when stocks are falling. Properly managed timberland has sustained itself time after time, as measured by comparable investment barameters, and generally with less risk. In addition, investing in timberland has shown to be a good inflation hedge. From large to small timberland tracts, our company is actively engaged in matching serious investors with quality timberland properties. We have staff members with career experience in the timber industry, and we maintain a direct contact with a wide variety of timber buyers, appraisers, foresters, consultants, and industry insiders throughout the United States.";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> https://landreport.com/pd/great-plains-land-brokers/ Thu, 14 Jul 2022 12:42:13 +0000 https://thelandreport.c51dev.com/pd/great-plains-land-brokers/ 55130 0 0 0 We are proud to be employee owned! Today, the company is the leader in not only farm management services, but also farm real estate sales and ranch sales, from traditional listings to full land auction services. Since the company started in 1929, the farm real estate sales business and related ranch sales business have been key services. When landowners call to discuss possible sale of their land, we respond with a professional proposal to sell their farm or ranch to the broadest market available. We also assist land buyers identify the right piece of property to fit their needs. ";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:12:"Great Plains";}]]> Land Brokerage & Auctions: Peoples Company’s unique infrastructure, collaborative culture, processes, personnel, and marketing strategies deliver the best possible results for buyers and sellers through innovation, market knowledge, and communication. Peoples Company’s experienced team of land professionals specialize in traditional listing services, public auctions, and online auctions throughout the country. Land Management: Peoples Company takes a different approach to managing farmland and does so in a socially responsible manner with environmental issues being actively addressed. Peoples Company land managers utilize advancing technologies to document and analyze yield and production history, fertility, soil health, conservation practices, and capital improvements to improve yields, increase income, and maximize appreciation of each asset. Agricultural Appraisal: Peoples Company’s dedicated team of appraisal professionals and consultants have the skill, experience, and resources to provide the most accurate property valuation available. Peoples Company’s appraisers utilize the most up-to-date technology and a comprehensive real estate sales database to arm themselves with the latest market trends and intel. Land Investment: Peoples Company tailors its proactive land investment program around identifying investment-grade land acquisitions for investors and sources of capital for farmers who are looking for someone to purchase land they can lease. Peoples Company offers asset management for high-net-worth individuals and institutional investors in conjunction with its affiliate, Alternative Equity Advisors. The Land Investment Expo, presented by Peoples Company, is now recognized as the nation’s premier farmland event attracting more than 900 attendees and featuring some of the most recognizable names in land ownership. In addition to top notch keynote speakers each year, attendees can choose from several breakout sessions covering a range of highly relevant topics and emerging trends important to the farmland asset class. The Expo provides an excellent opportunity to establish new relationships with exhibitors, speakers, and attendees with similar interests. For more information, please visit PeoplesCompany.com or call 855.800.5263 (LAND).";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:0:"";}]]> https://landreport.com/pd/northeast-land-brokers/ Thu, 14 Jul 2022 12:42:13 +0000 https://thelandreport.c51dev.com/pd/northeast-land-brokers/ 55131 0 0 0 fountains land has grown to become one of the most respected pioneers in timberland marketing, multiple-use property transactions, and land consulting services. Comprehensive services and expertise Our core strengths are rooted in nearly 20 years of land marketing and consulting experience, with services provided by a team of marketing specialists educated in the fields of forestry and natural resource management. Our brokerage and consulting services are further enhanced by the integration of resources provided by our affiliated forestry/land appraisal and GIS businesses. These intercompany relationships enable fountains land to offer clients a comprehensive suite of services and expertise that is unique to the land brokerage industry. With more than $350 million in property sales since 1989, fountains land (formerly fountains real estate) is one of the leading real estate brokerage firms in the eastern US specializing in the sale of forestland and rural acreage. We add value to every transaction by providing landowners with unparalleled access to US and international buyers through our extensive contacts that reach deep into our UK-based parent company, fountains plc. Time-tested land use credentials Michael Tragner, president of fountains land, has been with fountains since 1989, providing forestry and brokerage services for private, institutional, and non-profit clients. With a bachelor’s degree in Resource Management from the State University of New York at Syracuse, Michael started his career in forest management and consulting operations. Today, he leads a talented staff of land brokers who bring passion and in-depth experience to each land transaction. Mission of excellence and service Our mission at fountains land is to:

• Provide clients with exceptional timberland and multiple use property brokerage services
• Offer landowners unparalleled land consulting services
• Maintain the highest level of professionalism
• Add value to client assets
• Pioneer breakthroughs in computer-based mapping technology
• Encourage initiative and reward the achievements of our employees
• Make a priority of supporting the public and our employees through careful attention to the quality of service and external communications.

The fountains name is a well-known and respected brand in the marketplace. Our clients have come to expect reliable and professional services. Buyers can make confident investment decisions based on our reputation of supplying accurate and comprehensive information.";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:9:"Northeast";}]]> https://landreport.com/pd/west-land-brokers/ Thu, 14 Jul 2022 12:42:13 +0000 https://thelandreport.c51dev.com/pd/west-land-brokers/ 55132 0 0 0 UNPARALLELED ONLINE MARKETING Western Ranches offers the most comprehensive online marketing presence for listings. We have designed our digital strategy to give buyers the detailed property information they want and to ensure they are able to gain the information on your property in the most convenient way. ONLINE MEDIA SYNDICATION Your listing will be part of the most extensive online marketing program, which submits your property to over 160 publishers reaching home buyers on more than 900 websites. Our syndicated listings receive over 900K search views and 115K detail views a month. WEB MARKETING Robust search engine optimization, search engine marketing, and inbound marketing campaigns attract thousands of qualified visitors to the website each month. We make sure buyers can quickly find your property. Western Ranches is actively involved in social media.

WYOMING (main office) 80 West Broadway Jackson, WY 83001 (307) 733-6060

MONTANA (main office) 1612 West Main Street Bozeman, MT 59715

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> Serving Southern Colorado for over 28 years Western Mountain Real Estate is located in Salida, Colorado, which is in Chaffee County, in South Central Colorado.

We offer an excellent variety of Colorado real estate for sale in Central, South Central and Southwestern Colorado.

We specialize in mountain properties. Homes on acreage with cabins, log homes, equestrian, fishing properties, ranches, land, acreage, and hunting properties. If you\'re thinking about moving to Central/South Central, the Western Slope or Southwestern Colorado, we are the people  you want to work with! We have the experience, the knowledge and the wisdom to know that listening to the needs of our clients is our primary job. So, come by, email or call Western Mountain Real Estate today. We look forward to serving all of your Colorado Real Estate needs, whether you are looking to purchase a new property or sell your existing one, we want to earn your business. We sell the best of Colorado real estate including Homes-Cabins-Land-Ranches! ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> Uncommon Ground is a Montana Real Estate Concierge, offering more than simple property location services. For those searching for ranches, ski lodges, private cabins and luxury homes, owners Tana Bignell and Marta Bertoglio take buyer representation to the next level and make sure all their clients\' needs are met.

What to expect from a Real Estate Concierge

Our clients understand that locating prime real estate is not a quick nor easy endeavor. Uncommon Ground removes the stress and eliminates time wasted viewing under qualified properties. We make the real estate acquisition process enjoyable and provide assistance every step of the way.

The process:

*Personal, in-depth interview to identify your specific real estate criteria *Eyes and ears on the ground for a discrete and thorough property identification process *Cultivated list of only the best, most pristine and qualified properties *Accommodations made if travel is necessary for property tours *Unparalleled service facilitating the entire real restate transaction From working ranches to lakefront estates, Uncommon Ground locates the best real estate in Montana, including many exclusive properties not listed to the pubic. Simply put, we provide an experience other Montana realtors can\'t compete with. Email info@uncommongroundmt.com for more information, or browse our featured properties for a taste of the life you could be living.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> truly within your reach. Properties available through the PotlatchDeltic Preferred Broker Network offer the buyer a rare ownership opportunity. Having been owned and responsibly managed by PotlatchDeltic for over a half century, many of these properties are only now available and in limited quantities. With recreational, legacy and investment opportunities around the U.S., we have locations, features and acreage to suit every buyer’s dream and budget. Let us show you why PotlatchDeltic is the only name you’ll need to know when it comes to recreational property.  We look forward to helping you with your property search. Get started today and visit us online, where you can find and preview properties in your neck of the woods and meet our Preferred Broker Team, each a local expert specializing in the area where you want to purchase land. Buy our land for play, own it for life. ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> Ranch Marketing Mirr Ranch Group is proud to employ a wide range of ranch marketing services to effectively sell your property. With our knowledgeable team of brokers and our integrated marketing communication strategy in your back pocket, your ranch will stand out and get noticed by qualified buyers. Our ranch brokers are experts in their fields and are passionate about the West, assuring the highest level of service and expertise. Mirr Ranch Group understands the special needs of selling ranchland. We have the experience to handle rural land issues such as water and mineral rights, public land leases, hunting tags, livestock and farm production, conservation easements, wildlife habitat enhancement, tax credits and so much more. While we are widely experienced in ranches for sale in Colorado, Wyoming, Utah, New Mexico, Oregon and Montana, we have the capabilities to sell your ranch, no matter where it is located. So avoid getting lost in the clutter of larger brokerage firms’ listings, and get a skilled, yet personal touch from Mirr Ranch Group.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> Our Mission We at Live Water Properties, LLC seek to connect agricultural and scenic landscapes with people who value them. Our business is providing seasoned advice and professional service to ensure a sound investment for generations to come. Sharing and respecting our clients’ lifestyles, we are uniquely qualified to assist in each aspect of the ranch ownership process.

Preservation Principles: Preserve & Enhance

We strive to protect, restore, and enhance wildlife habitat as changes in private ownership take place. The importance of each link in these precious ecosystems intensifies as our nation’s populations migrate to pristine mountain regions and our natural landscapes experience additional human traffic.

Ownership Experience

The Broker Team at Live Water Properties, LLC has personal experience with the purchase, ownership, and sale of recreational properties throughout the West. Our knowledge gained from this experience helps our clients make informed decisions with their own properties and has led to over $1 billion in listed sales volume over our 15-year history.

Growth of Our Team

We are continually looking to fill in any “geographic holes” and expand our coverage nationally. If you are interested in joining our Sales Team, please review our qualifications. Agent Qualifications: 3+ years of broker experience, sales history and performance are high, lifestyle matches the Live Water niche, highly motivated, ethics driven. Resume with cover letter accepted. Contact through e-mail at info@livewaterproperties.com. ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]>

LintonBingle Associate Brokers

Carol and Betsy took their combined real estate experience of more than 22 years and joined forces in October of 2012 at Jackson Hole Real Estate Associates, the exclusive affiliate of Christie\'s International Real Estate. Together, they are a results driven real estate team unlike any other in the Valley. Their extensive knowledge, professional marketing style and customer service to their clients is notable and for those qualities they\'ve twice earned the Award for Professional Excellence. Carol Linton - Associate Broker Carol has been a Wyoming resident and property owner since 1980 when she relocated  from Connecticut to pursue a job as a high school chemistry teacher. The combination of growing up in New England and global travels instilled in Carol a passion for real estate, interior design, and architecture. That passion has carried forward to her successful real estate career. Carol is client centered and extremely knowledgeable about Wyoming, the Jackson Hole community and its unique real estate market. Her professionalism and expertise are evident and as a result, she is able to provide exceptional service for both Buyers and Sellers. Carol is a Christie\'s Luxury Specialist and serves on the PAWS Board of Directors, as an Advisory Board Member at First Western Trust, and is a member of the Jackson Hole Chamber of Commerce and the Teton Board of Realtors. She holds a BS degree in Chemistry and a BA in Secondary Education and is married to a fourth generation Wyomingite. Together they have three grown children and a golden retriever named Ivy. When she\'s not working, Carol enjoys dining around town, a round of golf or tennis in summer, and a cross country ski or tram lap at the Village in winter. Betsy Bingle - Associate Broker Betsy Bingle grew up on Boston\'s North Shore where she was an avid tennis player, golfer and skier. After graduating from Wheaton College she began her real estate career in Boston selling high end luxury properties that took place as The Big Dig was changing the Greater Boston Area. Betsy then relocated to New York City and The Turks and Caicos to become the Director of International Marketing / Vice President of sales for a large development company. Betsy executed the sales of lots and homes on an exclusive private island and was the Top producer every month from 2008-2010. Betsy moved to Jackson Hole to be with her husband and began her Jackson Hole Real estate experience working on site with the President of a Private Golf Development. Betsy handled most of the marketing and public relations and was in charge of all charity foundations and donations associated with the development.

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> What We Do Property Sales *Market listings globally *Consistently communicate with sellers on showings, leads, and promotions *Property research and analysis *Professionalism in sales process from listing through closing Buyer Representation *Market knowledge and understanding of complicated transactions to assist in property buying process *Effectively negotiate on buyer\'s behalf *Network to assist in real estate purchases globally *Facilitate all transaction types including 1031 exchanges, auction representation, short sales, and foreclosures Development Consulting *Market analysis including audit of regional and comparative markets *Master planning for horizontal and vertical development *Financial forecasting *Sales and marketing plans";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> King Homes and Land Realty. Our team of dedicated full-time professionals helps buyers, sellers and investors get ready for the most important transaction of their lives. With over 16 years of experience, we continue to consistently be one of top selling offices in Northwest Colorado. To us its not about the sale, but rather the family who is able to achieve their lifestyle goal by understanding what is most important to you. Using our knowledge of the industry and our connections across coinciding industries, we are able to ensure our clients feel they are being cared for as family. By partnering with the most dynamic real estate company in Northwest Colorado, you will find us laid-back but driven, compassionate but hardworking to help you make major purchases and locate smart investments. About King Homes and Land Realty Our brokers specialize in residential, ranch, and commercial purchases. Take advantage of our expertise — by keeping our finger on the pulse of the market, we are able to keep you up to speed on trends and developments affecting your decision to buy or sell. We also manage over 80 rental properties and help new and seasoned investors build their real estate portfolio. Our service areas include:

• Craig
• Steamboat Springs
• Hayden
• Meeker
• Oak Creek

See all your options in the market. We offer unlimited access to the Multiple Listing Service (MLS) of the Craig Board of Realtors and Steamboat Board of Realtors, where you’ll find some of the finest properties in Northwest Colorado.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> A TRUE TEAM - Hall and Hall is unlike the competition in just about every way–but most notably, our unique ownership structure results in a team-based approach that’s not typically found in the real estate world. We all work together in helping successfully connect buyers and sellers, because all of Hall and Hall has a vested interest in a positive outcome. GETTING THE WORD OUT - Our proactive marketing initiatives encompass everything from web and print advertising through public relations and good old-fashioned handshakes. After all, even the perfect property isn’t going to find its way to the right buyer if they can’t find out about it. THE NETWORK - Whether you need an experienced manager, a financing expert, or a buyer who finally understands the true value of your family ranch, our network of personal and business relationships is unmatched in the business. ALL UNDER ONE ROOF - Decades of experience offering an unparalleled catalog of services–including real estate marketing, resource management, mortgage banking and loan underwriting, real estate appraisals, and auction services – lets clients benefit from maximum efficiency and important insight. IN IT FOR THE LONG HAUL - After more than 50 years in business, we know that decisions made now will affect the future of the land, and, in turn, the future of our business. For that reason, we consider it part of our core mission to promote prudent land stewardship, responsible lending practices, a stable, non-speculative real estate market, and a long-term perspective on business and relationships. What does all of this mean? With annual sales reaching over a quarter billion dollars, and always growing and evolving, our goals today echo those of our founder: to give our global client base a more comprehensive, transparent, and far-reaching resource for finding, purchasing, selling, owning, and managing property.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> Buying and selling farm & ranch properties requires special knowledge and skill including: livestock and farm production, land values, leases, real estate laws, water rights, management, and most importantly, an intimate knowledge of the area. Our marketing approach addresses all these details. And, after the sale, we\'re there to help manage the property if you so desire. Each partner in our firm started out from hard working ranch roots, “living the life” of ranchers, which has allowed each of them to develop a true insider\'s point of view and knowledge of the land. It is the ability to combine their “insider” knowledge, business experience, and ability to converse with both the business executive and the local rancher that is the focal point of their business.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> Bates Land Consortium Sells Ranches, Farms and Recreational Land in the West Montana, Wyoming, Utah, Idaho, New Mexico and Saskatchewan, Canada.

Solidly based in Salt Lake City for 44 years, the company serves carefully selected Sellers and highly qualified Buyers in ranch, farm and land transactions. Bates Land Consortium, Inc. has diligently developed successful cooperating relationships with reputable ranch, farm and land brokers throughout the West. Since 1970, the company has closed nearly 600 transactions — almost 2,000,000 acres of deeded ranch and farm land approaching $2.15 Billion in total value — in Utah, Idaho, Montana, Wyoming, Nevada, New Mexico, Nebraska, Colorado, Oregon and Georgia.

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> Arnold Realty, Inc. is located in Newcastle in the northeast corner of Wyoming.  We are a family owned and operated agency specializing in ranch, farm and recreational properties.

We are members of the National Association of Realtors, Wyoming Association of Realtors, and the Realtors\' Land Institute.

Contact us if you are buying or selling.

Jim Pederson, Broker - Licensed in WY, SD & MT. Julie (Arnold) Pederson, Broker Associate - Licensed in WY & SD. Tom Arnold, Broker Associate - Licensed in WY & SD.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> th generation ranch family, Allie knows the ins and outs of ranch lands–including cattle, horses, B.L.M. and U. S. Forest Service permits, water rights and all other land-use issues. Not only is she familiar with the needs and operations of a farm or ranch, as a sale representative for Superior Livestock Auction Company, she travels the area every day and knows the land. “It is with great pleasure that I look out and thank God that I live and work in this beautiful country,” says Allie. When it comes to land in the northeastern Nevada and the Great Basin, Allie and her team of agents have you covered.

 

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:4:"west";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:4:"West";}]]> ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> Land Brokerage & Auctions: Peoples Company’s unique infrastructure, collaborative culture, processes, personnel, and marketing strategies deliver the best possible results for buyers and sellers through innovation, market knowledge, and communication. Peoples Company’s experienced team of land professionals specialize in traditional listing services, public auctions, and online auctions throughout the country. Land Management: Peoples Company takes a different approach to managing farmland and does so in a socially responsible manner with environmental issues being actively addressed. Peoples Company land managers utilize advancing technologies to document and analyze yield and production history, fertility, soil health, conservation practices, and capital improvements to improve yields, increase income, and maximize appreciation of each asset. Agricultural Appraisal: Peoples Company’s dedicated team of appraisal professionals and consultants have the skill, experience, and resources to provide the most accurate property valuation available. Peoples Company’s appraisers utilize the most up-to-date technology and a comprehensive real estate sales database to arm themselves with the latest market trends and intel. Land Investment: Peoples Company tailors its proactive land investment program around identifying investment-grade land acquisitions for investors and sources of capital for farmers who are looking for someone to purchase land they can lease. Peoples Company offers asset management for high-net-worth individuals and institutional investors in conjunction with its affiliate, Alternative Equity Advisors. The Land Investment Expo, presented by Peoples Company, is now recognized as the nation’s premier farmland event attracting more than 900 attendees and featuring some of the most recognizable names in land ownership. In addition to top notch keynote speakers each year, attendees can choose from several breakout sessions covering a range of highly relevant topics and emerging trends important to the farmland asset class. The Expo provides an excellent opportunity to establish new relationships with exhibitors, speakers, and attendees with similar interests. For more information, please visit PeoplesCompany.com or call 855.800.5263 (LAND).";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> Livingston Real Estate Listings - Paradise Valley Ranches, Homes and Land for Sale (tracyraich.com)";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/southwest-land-brokers/ Thu, 14 Jul 2022 12:42:13 +0000 https://thelandreport.c51dev.com/pd/southwest-land-brokers/ 55133 0 0 0 LandsofTexas.com. We are also members of several organizations to include the Texas Alliance of Land Brokers, Texas REALTORS®, and the National Association of REALTORS®. We comply with a strong code of ethics and stay up to date with the latest market trends. Awarded as one of America’s Best Brokerages for 2020 by the magazine of land owners, The Land Report. Whether you are planning to sell or looking to buy, we are available 7 days a week around the clock and are ready and eager to help!";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]>     ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> Ranch Investments & Associates has become synonymous with quality farm, ranch and recreational property sales. If you are in the market for a farm or ranch, our expert team of professionals can provide you with the competent representation you need. Our Associate Brokers and agents have a wealth of practical farm and ranch experience, including agricultural education. Whether your interest is in buying or selling, the professionals at Ranch Investments & Associates can assist you in many ways to save you time and money to result in a comfortable, informed decision. One of our 16 offices conveniently located throughout the State will gladly assist you with the process. Please review \"Farms & Ranches For Sale\" and then give us a call. If you do not see a listing that fits your needs, let Ranch Investments & Associates represent you as a Buyer\'s Representative and assume the responsibility for searching and reviewing other properties that will meet your criteria.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:9:"Southwest";}]]> ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> LANDTX was created by Mason ranch broker/conservationist/property rights advocate David E. Culver as a unique private entity devoted to protecting the rural environment of Central Texas while still operating as a financially viable business enterprise. We market investment, recreational, ranch and farmland in an area comprising some 45 counties, as well as develop select sites into restricted, large-tract subdivisions containing tracts that preserve agricultural or wildlife viability commensurate with the area.  David E. Culver is also a qualifying broker in New Mexico and Colorado. We welcome you to our highly functional, user-friendly website, and invite you to examine the full scope of services we provide, and the properties we offer for sale. The information contained on this website is deemed more reliable than most, but is not warranted by David E. Culver, LANDTX or Sellers, express or implied. Visitors are urged to verify representations on their own, and draw their own conclusions regarding usefulness, value and other described aspects of the properties offered herein. Buyer’s brokers must be identified on first contact, and must accompany buying prospect on first showing to be allowed full fee participation. If this condition is not met, fee participation will be at sole discretion of LANDTX, David E. Culver, broker.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:9:"Southwest";}]]> Kuper Sotheby\'s International Realty Farm & Ranch Sales offers several custom services for our clients including ranch market analysis, listing services, and ranch location services. If you own a ranch and are considering selling (either now or sometime in the future), we offer a professional Ranch Market Analysis on your property to determine the current market value of any individual ranch. There is no charge or obligation for this service.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:9:"Southwest";}]]> Forestar strives to take land and natural resources to their highest purpose. Forestar is a real estate and natural resources company with a vision for every acre. As of June 30, 2014 we own directly or through ventures approximately 121,000 acres of low basis real estate located in 10 states and 13 markets. We own 5 significant commercial and income producing assets. In addition, we own about 590,000 net mineral acres, principally in Texas, Louisiana, Alabama and Georgia. In addition, we have a leasehold interest in over 345,000 net mineral acres in oil-rich basins, including 8,000 net mineral acres in the core of the Bakken and Three Forks formations. We manage approximately 111,000 acres of our land as timberland, generating fiber growth and sales. In addition, we have approximately 1.5 million acres of water interests in Texas, Louisiana, Alabama and Georgia.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:9:"Southwest";}]]> YouTube. Our team strives to respect and conserve the land. The team consists of passionate, knowledgeable, and renowned experts in wildlife management and sustainability. Our contractors, in-house biologist, and consulting team is happy to help with all of your construction, improvement, and maintenance needs.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> anches. We currently have two Accredited Land Consultants (ALC’s) in our firm, including our Broker, George Clift.  ALC’s are recognized experts in land brokerage transactions, giving you the confidence you are dealing with a professional land broker. Hiring a land professional is the most important decision you will make in marketing your property. CUSTOMIZED MARKETING PROGRAM Our marketing program involves a specialized mix of print advertisement, internet exposure, direct mail to targeted potential buyers, and customized marketing collateral that maximizes exposure to potential buyers. We understand the market. We can help you understand the true value of your property and we know how to convey that message to potential buyers. CUSTOMIZED MAPPING PROGRAM Buyers buy what they can see, and we want them to see every aspect of your property. We use our ArcGIS Mapping Software to create customized maps of your property and make them available on the Internet and in Property Information Packets available to all our agents and potential buyers.

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:9:"Southwest";}]]>

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:9:"Southwest";}]]> Welcome to BRADT RANCH GROUP Serving the Mid-Western United States Region including Oklahoma, Kansas, Arkansas, Missouri, Texas, New Mexico, & Colorado. The Bradt Ranch Group has specialized in locating, and assisting clients in acquiring, unique Cattle & Recreational Ranch Properties throughout Oklahoma and the Mid-Western United States since 1990. From a Cattle Ranch in the Short Grass Country of the Plains, to a Thoroughbred Horse Ranch in Texas, or a High Sierra Lake Property in the New Mexico Rockies, we find the Best the West has to offer. As a part of our interest in the “Legacy of Preserving the Land” for future generations, we do not represent clients interested in development or subdivision. Bradt Ranch Group is dedicated to preserving our heritage and playing a role in leaving the natural landscape as we have found it. Tomorrow\'s generation deserves natural landscapes to cope with the demands of modern life in urban environments. Through ongoing research and networking with other Brokers and Owners throughout the Mid-West, we pursue the search for the best Cattle & Recreational Ranch Properties available. We do not engage in the business of residential, commercial or industrial real estate, reserving our expertise for Grass Land Cattle Ranches and Large Land Holdings. The Bradt Ranch Group has been uniquely successful in attracting discriminating clientele by providing knowledge about where to go, how to find good value, and how to avoid wasted trips to ranches with \"fancy advertising” but little to recommend on site. Our aim is to save you time and effort by transacting on only the best there is on the market.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:12:"Great Plains";}]]> Robert Dullnig of Dullnig Ranches, is one of the leading Farm and Ranch Brokers in Texas, leading an impressive team of experienced land Realtors from San Antonio and Austin. The extensive proprietary list of buyers and the marketing expertise of the Sotheby’s International Realty network have earned him a prestigious Texas ‘Land Star’ award, Wall Street Journal’s ‘The Thousand’, Land Report’s Best Brokerages, Newsweek ‘Top Brokerages’, and Sotheby’s Significant Sales. Robert is a multi-generational Texan, overseeing the game management and hunting on his family ranch and other South Texas properties.  He has a deep appreciation for the history of ranching and a true passion for the outdoors. The Dullnig Ranches team has a combined 100+ years of experience, with qualifications for each unique facet of land and its wildlife, water, tax benefits, hunting heritage and more. ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> Land Brokerage & Auctions: Peoples Company’s unique infrastructure, collaborative culture, processes, personnel, and marketing strategies deliver the best possible results for buyers and sellers through innovation, market knowledge, and communication. Peoples Company’s experienced team of land professionals specialize in traditional listing services, public auctions, and online auctions throughout the country. Land Management: Peoples Company takes a different approach to managing farmland and does so in a socially responsible manner with environmental issues being actively addressed. Peoples Company land managers utilize advancing technologies to document and analyze yield and production history, fertility, soil health, conservation practices, and capital improvements to improve yields, increase income, and maximize appreciation of each asset. Agricultural Appraisal: Peoples Company’s dedicated team of appraisal professionals and consultants have the skill, experience, and resources to provide the most accurate property valuation available. Peoples Company’s appraisers utilize the most up-to-date technology and a comprehensive real estate sales database to arm themselves with the latest market trends and intel. Land Investment: Peoples Company tailors its proactive land investment program around identifying investment-grade land acquisitions for investors and sources of capital for farmers who are looking for someone to purchase land they can lease. Peoples Company offers asset management for high-net-worth individuals and institutional investors in conjunction with its affiliate, Alternative Equity Advisors. The Land Investment Expo, presented by Peoples Company, is now recognized as the nation’s premier farmland event attracting more than 900 attendees and featuring some of the most recognizable names in land ownership. In addition to top notch keynote speakers each year, attendees can choose from several breakout sessions covering a range of highly relevant topics and emerging trends important to the farmland asset class. The Expo provides an excellent opportunity to establish new relationships with exhibitors, speakers, and attendees with similar interests. For more information, please visit PeoplesCompany.com or call 855.800.5263 (LAND).";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/south-land-brokers/ Thu, 14 Jul 2022 12:42:13 +0000 https://thelandreport.c51dev.com/pd/south-land-brokers/ 55134 0 0 0 The Name To Know Tom is known as \"The Land Man\" for good reason. He\'s an Accredited Land Consultant and an expert in his field. Whether you are buying or selling, Tom empowers you to make the most of your opportunities. From 1031 exchanges and timber investment to conservation and wetlands reserve programs, he knows the local land market inside and out and will guide you through every facet of the process. \"Every plot of land has it\'s own character, but with it comes a unique set of challenges,\" Tom says. \"That\'s why I\'m so committed to educating my clients and giving them the guidance they need to make the best investment decisions.\" If you are buying or selling land, make your move with \"The Land Man.\" As a market expert, Mississippi native and proven businessman, Tom Smith is the specialist to know. Call him today! ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> Founded in 1996 by Dean Saunders, ALC, CCIM as Saunders Real Estate, LLC, the company specialized in land and conservation easements. In 2006, the brokerage affiliated with Coldwell Banker Commercial becoming the only brokerage in Florida with a national and global brand network and marketing presence. The company and many of its advisors earned substantial recognition and awards as a high-performing office within Coldwell Banker Commercial. In 2011, Dean Saunders, ALC, CCIM, Gary Ralston, CCIM, SIOR, and R. Todd Dantzler, CCIM founded a sister brokerage to Saunders Real Estate called Saunders Ralston Dantzler Realty. The new affiliated company allowed the company to serve clients in commercial brokerage including office, retail, industrial, and multi-family properties. In 2013, A specialty group of foresters, who are licensed real estate agents and brokers, joined the brokerage to provide timber services to the north Florida timber areas. In 2014, a satellite office opened in High Springs Florida. In 2016, The company opened a new division, Saunders Auctions, that focuses on accelerated marketing providing an efficient and effective way to sell real property at fair market value. In 2017, Dean acquired a Georgia real estate broker’s license and a new office opened in Thomasville, Georgia, offering a significantly increased value to his clients on both sides of the state line. In 2018, CBCSRE announced the signature of an exclusive partnership agreement with NORDHEIMER Campos y Estancias, the leading broker of farms and ranches in Argentina. In 2019, we joined the SVN Shared Value Network ®, a globally recognized commercial real estate brand united by a shared vision of creating value with clients, colleagues, and communities. In conjunction with joining the SVN® platform, our two sister companies (formerly Coldwell Banker Commercial Saunders Real Estate and Coldwell Banker Commercial Saunders Ralston Dantzler Realty) unified as one marketing brand under the name SVN | Saunders Ralston Dantzler Real Estate. This alignment provides expanded marketing reach through a global, growing brand with a singular focus on commercial real estate.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> truly within your reach. Properties available through the PotlatchDeltic Preferred Broker Network offer the buyer a rare ownership opportunity. Having been owned and responsibly managed by PotlatchDeltic for over a half century, many of these properties are only now available and in limited quantities. With recreational, legacy and investment opportunities around the U.S., we have locations, features and acreage to suit every buyer’s dream and budget. Let us show you why PotlatchDeltic is the only name you’ll need to know when it comes to recreational property.  We look forward to helping you with your property search. Get started today and visit us online, where you can find and preview properties in your neck of the woods and meet our Preferred Broker Team, each a local expert specializing in the area where you want to purchase land. Buy our land for play, own it for life. ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> Timber Management By providing a full range of forestry consulting services or simply arranging for an independent logging crew to remove trees that have been designated for cutting, our foresters will do whatever is necessary to help achieve each landowner’s goals.

Wildlife Management

We have the experience and expertise to provide a full range of management services including hunting lease management, wildlife/stewardship management plans, wildlife habitat enhancement, deer harvest data analysis, and wildlife surveys. We also can assist landowners with food plot design, installation, and management.

Waterfowl Impoundment Design/Construction

Waterfowl impoundment design, construction, and management are our specialties. Let us create a custom shallow water field impoundment that provides the ultimate in waterfowl habitat and hunting opportunities for you and your family, friends and guests. In addition to new impoundments, we can also renovate and restore existing ponds or impoundments to improve their function and habitat value.

Mapping Services

Our mapping department provides each client with a graphical representation of their property. We can customize these maps per the request of each landowner.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:5:"South";}]]> We are America’s LAND Specialists!";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:5:"South";}]]>

Commercial Sales, Leasing & Property Management

Residential Sales, Leasing & Property Management

Investment Properties & 1031 Exchanges

Site Selection & Build to Suit

Land Development

Farm & Timber Tracts

Rural, Recreational & Investment Properties

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:5:"South";}]]> ";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:5:"South";}]]> Land for Sale in West Alabama 

Quality hunting land, farmland, timberland, and recreational property for sale in West Alabama.  Jonathan Goode is a licensed Realtor and professional land agent with AlaLandCo, and is dedicated to serving people who buy and sell land in the Black Belt region of Alabama. I have listed and sold land in the following 20 Alabama Counties: Autauga, Bibb, Blount, Chilton, Conecuh, Dallas, Fayette, Greene, Hale, Jefferson, Lamar, Lowndes, Marengo, Marion, Montgomery, Perry, Pickens, Tuscaloosa, Walker, and Wilcox.

Perry County and Alabama\'s whole Black Belt region are known for fertile ground and some of the best whitetail deer and turkey hunting in America. I can help you locate a prime piece of hunting land, a farm, timber investment, or a great weekend get-away. Most of my properties are close (within 90 minutes) to Tuscaloosa and Birmingham, so you can easily escape the city and have a short drive to your new place in the country.

I am a member of the national and Alabama chapters of the Realtor\'s Land Institute (RLI), and one of the only agents in this area that focuses completely on rural land sales. My goal is to be your trusted advisor for all things pertaining to land in the Black Belt. Please contact me for help with your next land transaction

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:5:"South";}]]> 4027 US Hwy 231 Wetumpka, AL Office: 334-567-0924 Fax: 334-567-8024

12 Camden Bypass Camden, AL Office: 334-682-9825 Fax: 334-682-9387

";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:5:"South";}]]> AMERICAN TIMBERLANDS COMPANY, is a vertically integrated land investment management firm organized for the purpose of originating and managing forestland investments with diverse value attributes. ATC\'s clients, partners, and investors recognize that, with the right management expertise, low risk land investments can yield higher returns than ordinary timberland investments. The firm was formed in 2004 when the current principals, Thomas Rowland, Dan Stuckey and Doug McMillan formed American Timberlands Company, LLC to acquire and manage 1.3 million acres of International Paper Company land located in the Southeastern US. At that time, Tom Rowland was the principal of Palmetto Land Investment Company, Inc. (“PLIC”). Mr. Rowland formed PLIC to identify, develop, and manage forestland investments.  PLIC’s investment strategy was to acquire forestland with other value components that could be managed simultaneously and in addition to timber thereby providing additional return without increasing risk.  Dan Stuckey was the principal of Forestry Services, LLC, a traditional forestry consulting business, that’s primary clients included large institutional land owners.  Doug McMillan was the principal of The McMillan Firm that’s principle business was financial and business administration advisory services to early stage emerging companies.   In 2005, the principals of ATC agreed to merge their individual businesses into the ATC partnership forming the current company.";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;s:12:"qcpd_field_1";s:5:"South";}]]> Land Brokerage & Auctions: Peoples Company’s unique infrastructure, collaborative culture, processes, personnel, and marketing strategies deliver the best possible results for buyers and sellers through innovation, market knowledge, and communication. Peoples Company’s experienced team of land professionals specialize in traditional listing services, public auctions, and online auctions throughout the country. Land Management: Peoples Company takes a different approach to managing farmland and does so in a socially responsible manner with environmental issues being actively addressed. Peoples Company land managers utilize advancing technologies to document and analyze yield and production history, fertility, soil health, conservation practices, and capital improvements to improve yields, increase income, and maximize appreciation of each asset. Agricultural Appraisal: Peoples Company’s dedicated team of appraisal professionals and consultants have the skill, experience, and resources to provide the most accurate property valuation available. Peoples Company’s appraisers utilize the most up-to-date technology and a comprehensive real estate sales database to arm themselves with the latest market trends and intel. Land Investment: Peoples Company tailors its proactive land investment program around identifying investment-grade land acquisitions for investors and sources of capital for farmers who are looking for someone to purchase land they can lease. Peoples Company offers asset management for high-net-worth individuals and institutional investors in conjunction with its affiliate, Alternative Equity Advisors. The Land Investment Expo, presented by Peoples Company, is now recognized as the nation’s premier farmland event attracting more than 900 attendees and featuring some of the most recognizable names in land ownership. In addition to top notch keynote speakers each year, attendees can choose from several breakout sessions covering a range of highly relevant topics and emerging trends important to the farmland asset class. The Expo provides an excellent opportunity to establish new relationships with exhibitors, speakers, and attendees with similar interests. For more information, please visit PeoplesCompany.com or call 855.800.5263 (LAND).";s:16:"qcpd_unpublished";s:0:"";s:9:"qcpd_tags";s:0:"";s:9:"qcpd_paid";N;}]]> https://landreport.com/pd/midwest-land-brokers/ Thu, 14 Jul 2022 12:42:13 +0000 https://thelandreport.c51dev.com/pd/midwest-land-brokers/ 55135 0 0 0 our agents "land specialists." Our team covers more than 20 states and counting and is made up of many of the finest land managers and market analysts in the rural real estate industry. We are just like you. We love to hunt. We love the land. We strive to make smart investments that benefit our families and cement financial stability. If you're interested in buying or selling hunting, farm or ranch land, we invite you to learn more about our company and how we can help you.";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> United Country Real Estate — is the leading, fully integrated network of conventional and auction real estate professionals serving lifestyle markets, small cities, towns and the surrounding properties across the US and resort communities in Central America and Mexico. The company has been an innovator in lifestyle and country real estate marketing since 1925. United Country supports nearly 500 offices and 5,000 real estate professionals with a unique, comprehensive marketing program that includes the highest ranked and largest portfolios of specialty property marketing websites, the largest real estate marketing services company, an extensive buyer database of more than 650,000 opt-in buyers and exclusive national advertising of properties to offer broader exposure for local listings.    ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> ";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Land Brokerage & Auctions: Peoples Company’s unique infrastructure, collaborative culture, processes, personnel, and marketing strategies deliver the best possible results for buyers and sellers through innovation, market knowledge, and communication. Peoples Company’s experienced team of land professionals specialize in traditional listing services, public auctions, and online auctions throughout the country. Land Management: Peoples Company takes a different approach to managing farmland and does so in a socially responsible manner with environmental issues being actively addressed. Peoples Company land managers utilize advancing technologies to document and analyze yield and production history, fertility, soil health, conservation practices, and capital improvements to improve yields, increase income, and maximize appreciation of each asset. Agricultural Appraisal: Peoples Company’s dedicated team of appraisal professionals and consultants have the skill, experience, and resources to provide the most accurate property valuation available. Peoples Company’s appraisers utilize the most up-to-date technology and a comprehensive real estate sales database to arm themselves with the latest market trends and intel. Land Investment: Peoples Company tailors its proactive land investment program around identifying investment-grade land acquisitions for investors and sources of capital for farmers who are looking for someone to purchase land they can lease. Peoples Company offers asset management for high-net-worth individuals and institutional investors in conjunction with its affiliate, Alternative Equity Advisors. The Land Investment Expo, presented by Peoples Company, is now recognized as the nation’s premier farmland event attracting more than 900 attendees and featuring some of the most recognizable names in land ownership. In addition to top notch keynote speakers each year, attendees can choose from several breakout sessions covering a range of highly relevant topics and emerging trends important to the farmland asset class. The Expo provides an excellent opportunity to establish new relationships with exhibitors, speakers, and attendees with similar interests. For more information, please visit PeoplesCompany.com or call 855.800.5263 (LAND).";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Mossy Oak Properties AgriRec Land is a nationally recognized real estate company and an industry leader specializing in premier hunting, farming and investment property sales in Illinois and Indiana. We were also named one of America’s Best Brokerages in 2012 by The Land Report. Our extensive and diverse team of Certified Land Specialists are here to help you reach your real estate goals while providing you with an unmatched level of professionalism and respect. The Mossy Oak Brand continues to provide all of our clients with a level of National Media Exposure that you will not find in any other real estate company. After all, It’s not a Passion, It’s an Obsession! Find your local Mossy Oak Properties Certified Land Specialist on the Agent’s page or you can reach the Mossy Oak Properties AgriRec Land main office at 888-311-LAND.";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:7:"Midwest";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> rural land financing, and forestry, land and resource management consulting services.     The growing ranks of Mossy Oak Properties professional land brokers are people who have this in common: they love the land and the outdoors, and they are dedicated to stewardship of that land. It is what has inspired them to join our growing Mossy Oak Properties network, and it’s what makes them the most qualified source for buying and selling rural property. Many members of the Mossy Oak Properties network are foresters with a strong interest in broadening their client services; others are well-established, independent rural land brokers who recognize that an association with the Mossy Oak brand will grow their business and increase the value of their brokerage office. All of them signed on with a keen interest in rural real estate and instantly recognized the power of having a professional association with America’s number one outdoor brand.";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:7:"Midwest";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]>  

Clients

Our clients include estates, trusts, financial institutions, government agencies, individuals, and others.

U.S. Department of Defense Chase Bank Commonwealth of Kentucky Alcan Aluminum U.S. Bankruptcy Court Peabody Energy Bessemer Trust Small Business Administration U.S. Marshals Service Texas Gas Transmission General Services Administration University of Kentucky Indiana University AMRESCO Independence Funding PNC Bank Branch Banking and Trust Company Monsanto

";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:0:"";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> Experience Coon Rapids Insurance Agency’s knowledge, services, and dedication to businesses and consumers throughout the community. CRIA offers a full line of insurance and investment products from top-rated companies, as well as unrivalled real estate services. With our knowledgeable, friendly, and thoroughly trained staff, we are committed to provide our clients with sound advice and good old-fashioned service.

Contacts: Stuart Cretsinger  stucret@crmu.net, Wilts Cretsinger  wiltsie@crmu.net

";s:8:"qcpd_new";s:1:"0";s:13:"qcpd_featured";s:1:"0";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_field_1";s:7:"Midwest";s:12:"qcpd_field_2";s:0:"";s:12:"qcpd_field_3";s:0:"";s:12:"qcpd_field_4";s:0:"";s:12:"qcpd_field_5";s:0:"";}]]> https://landreport.com/pd/great-lakes-land-brokers/ Thu, 14 Jul 2022 12:42:13 +0000 https://thelandreport.c51dev.com/pd/great-lakes-land-brokers/ 55136 0 0 0 truly within your reach. Properties available through the PotlatchDeltic Preferred Broker Network offer the buyer a rare ownership opportunity. Having been owned and responsibly managed by PotlatchDeltic for over a half century, many of these properties are only now available and in limited quantities. With recreational, legacy and investment opportunities around the U.S., we have locations, features and acreage to suit every buyer’s dream and budget. Let us show you why PotlatchDeltic is the only name you’ll need to know when it comes to recreational property.  We look forward to helping you with your property search. Get started today and visit us online, where you can find and preview properties in your neck of the woods and meet our Preferred Broker Team, each a local expert specializing in the area where you want to purchase land. Buy our land for play, own it for life.   ";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:0:"";}]]> Land Brokerage & Auctions: Peoples Company’s unique infrastructure, collaborative culture, processes, personnel, and marketing strategies deliver the best possible results for buyers and sellers through innovation, market knowledge, and communication. Peoples Company’s experienced team of land professionals specialize in traditional listing services, public auctions, and online auctions throughout the country. Land Management: Peoples Company takes a different approach to managing farmland and does so in a socially responsible manner with environmental issues being actively addressed. Peoples Company land managers utilize advancing technologies to document and analyze yield and production history, fertility, soil health, conservation practices, and capital improvements to improve yields, increase income, and maximize appreciation of each asset. Agricultural Appraisal: Peoples Company’s dedicated team of appraisal professionals and consultants have the skill, experience, and resources to provide the most accurate property valuation available. Peoples Company’s appraisers utilize the most up-to-date technology and a comprehensive real estate sales database to arm themselves with the latest market trends and intel. Land Investment: Peoples Company tailors its proactive land investment program around identifying investment-grade land acquisitions for investors and sources of capital for farmers who are looking for someone to purchase land they can lease. Peoples Company offers asset management for high-net-worth individuals and institutional investors in conjunction with its affiliate, Alternative Equity Advisors. The Land Investment Expo, presented by Peoples Company, is now recognized as the nation’s premier farmland event attracting more than 900 attendees and featuring some of the most recognizable names in land ownership. In addition to top notch keynote speakers each year, attendees can choose from several breakout sessions covering a range of highly relevant topics and emerging trends important to the farmland asset class. The Expo provides an excellent opportunity to establish new relationships with exhibitors, speakers, and attendees with similar interests. For more information, please visit PeoplesCompany.com or call 855.800.5263 (LAND).";s:15:"qcpd_other_list";s:0:"";s:9:"qcpd_tags";s:0:"";s:12:"qcpd_ex_date";s:0:"";s:12:"qcpd_field_1";s:0:"";}]]> https://landreport.com/?p=62482 Wed, 21 Jun 2023 06:00:11 +0000 https://landreport.com/?p=62482 Our Spring 2023 Issue is chock full of must-read stories ranging from one of the nation's most desirable listings to a look back at the leading deals of 2022:

• Whitney Park. In a Land Report exclusive, tour this legendary $180 million Adirondack estate in Upstate New York.
• Land Report Deals of the Year. Go behind the scenes to learn about landmark transactions involving historic ranches, iconic hunting ground, world-class vineyards, and a million-plus-acre timberland tract that spans more than a dozen states.
• Best Brokerages & Top Auction Houses. Our spring 2023 issue features more than 150 of the nation's top real estate firms specializing in rural land in this coast-to-coast roundup.

For up-to-the-minute reports on breaking news, follow us on Facebook, Twitter, and Instagram.]]> 62482 0 0 0 https://landreport.com/?p=62485 https://landreport.com/?p=62485 62485 0 0 0 https://landreport.com/?p=62495 Mon, 19 Jun 2023 19:10:08 +0000 https://landreport.com/?p=62495 Hall and Hall. “There are rolling hills, draws, and the Belle Fourche River runs through it. You can see the Black Hills and Bear Butte, an important landmark where Plains Indian tribes would meet. To the east, it’s wide-open ranchlands.”

Bismarck Trail Ranch Brings Home and Revenue Streams

Wanless poured his heart and soul into the property. One of the first things he did was have custom homes built for his family. He added a wide range of improvements, including an indoor arena, outbuildings, working facilities, and a first-class irrigation system. In addition, he created highly profitable revenue streams through grazing and farming leases, including a contract with the Bureau of Land Management (BLM) to graze 1,000 wild horses on the ranch. “The BLM captures wild horses and looks for private landowners to keep them — ranchers to run them just as they do cattle, feed them if the snow’s too deep, and things like that,” Nelson says. “It’s a very lucrative program.” When Wanless decided to sell, a Kansas-based farm and ranching family, owners of J-Six South Dakota Land Holdings, caught wind and jumped on the opportunity to integrate the Bismarck Trail Ranch into their existing operations. Yet another stroke of luck for the South Dakota cowboy.]]> 62495 0 0 0 Named in honor of the route that settlers took on their way to Deadwood during the Black Hills Gold Rush, the Bismarck Trail Ranch offers ample water and wide-open meadows.]]> https://landreport.com/?p=62496 https://landreport.com/?p=62496 Napa Valley, the vineyard is renowned for its stellar vines and spotlight setting. “It’s a gem of a winery,” Foley Family Wines CEO Bill Foley said. “Great vineyards, great national and international reputation, and, of course, a spectacular location.” Silverado is Foley Family Wines’s third California winery purchase in two years; it acquired Ferrari-Carano in 2020 and Chateau St. Jean in 2021.

Foley Family to Continue the Legacy of Silverado Vineyards

Silverado had been owned by Diane and Ron Miller’s seven children. The family had been searching for an owner who could best continue the business founded by their parents and their grandmother. “As a family-owned company focused exclusively on highly acclaimed wines from the world’s greatest vineyards, we are confident that Foley Family Wines is the right steward to lead Silverado Vineyards into the future,” Chris Miller said in a press release. “We hope that Silverado will continue to craft delicious estate wines and welcome guests to the beautiful property for another 40 years.” The challenge was warmly welcomed by Foley Family Wines CEO Shawn Schiffer. “Silverado Vineyards has enormous potential in channels where luxury wines are sold across the country, as well as consumer-direct,” Schiffer said. “We intend to develop additional vineyard-exclusive offerings to leverage the distinctive quality of each estate vineyard.”]]> 62496 0 0 0 This Napa Valley tradition passes from its founding family to new stewards.]]> https://landreport.com/?p=62500 Mon, 19 Jun 2023 19:13:51 +0000 https://landreport.com/?p=62500 T. Boone Pickens had his way, he would have lived full time at his Mesa Vista Ranch and commuted to work in Dallas on his Gulfstream V. The Roberts County getaway that the Oracle of Oil spent almost half a century assembling is that exceptional. Bill Kent recognized this one-of-a-kind quality when he acquired the landmark, which was listed for sale by Monte Lyons of Hall and Hall and Sam Middleton of Chas. S. Middleton and Son. On December 1, Kent closed on more than 57 square miles of prime hunting habitat on the western side of the ranch, including almost 30 miles of Canadian River frontage. The eastern portion of the ranch, which encompasses 27,690 acres of grazing land, sold in a separate, unrelated transaction on September 16. But it is the world-class improvements that distinguish the 36,982 acres Kent bought. Take, for instance, the Lodge Compound at the headquarters that can host more than 50 guests. Or the sumptuous Lake House, a three-bedroom, four-bathroom mansion featured in Architectural Digest.

Mesa Vista to Provide Ultimate Outdoor Lifestyle

Kent plans to capitalize on these improvements and create "the Mesa Vista experience," a members-only club for those drawn to the ultimate outdoor lifestyle and an array of world-class amenities. He has retained Jamey Clement's team at The Land Board to develop the concept further. In addition to renowned quail hunting, the Mesa Vista enjoys an abundance of mule deer, whitetails, dove, duck, and turkey. Thanks to an extensive investment in water features, it has become a mecca for waterfowl and is a fixture on the Great Plains flyway. As the details of membership are being ironed out, one thing is crystal clear: Access won't be an issue. Pickens constructed a 6,000-foot-long, FAA-approved runway to accommodate his Gulfstream. As many as a dozen aircraft have been parked wingtip to wingtip on the adjacent 52,600-square-foot concrete tarmac and in the 25,000-square-foot ­hangar, which has a two-bedroom apartment for pilots. Getting to the Mesa Vista won't be a challenge. Getting a membership will be.]]> 62500 0 0 0

“... the finest quail-hunting spot in the known universe.” — Ray Sasser

]]> https://landreport.com/?p=62504 Mon, 19 Jun 2023 19:05:05 +0000 https://landreport.com/?p=62504 the historic XIT Ranch. Better yet, the buyer was Drew Knowles, the great-great-great grandson of John V. Farwell, one of the members of the Capitol Syndicate that founded the great ranch. In 1879, the Texas Legislature authorized a great trade: 3,050,000 acres of state-owned ranchland in 10 counties in the northwest corner of the Texas Panhandle that would become the XIT in return for construction of a new state capitol. Two years later, the existing capitol burned to the ground, and construction of a suitable replacement became a top priority. Ultimately, a Chicago firm that included Amos Babcock, Abner Taylor, Charles B. Farwell, and Knowles's great-great-great-grandfather, John V. Farwell, won the contract.

History of the XIT Ranch

The XIT operated from 1885 to 1912. At its height, 150 hands relied on 600 horses to run 150,000 cattle. After the XIT shut down, it took more than 50 years for the Farwells' Capitol Reservation Lands to sell off the remnants of the great ranch. Those tracts included the XIT's Mare Pasture, which became Burson Rita Blanca Creek Ranch, which has been owned and operated by four generations of Bursons. Rita Blanca Creek runs through the middle of the ranch, and a 16-acre lake provides additional groundwater. Knowles put the XIT name on his horse ranch in La Veta, Colorado. Last year, he and his wife, Abby, acquired the Mare Pasture. They have since relocated to Texas. Knowles plans to continue his family’s legacy with the land by running approximately 1,000 yearlings on the ranch, plus 80 horses. “The fact that the Rita Blanca was once part of my family’s ranchlands is very special to us,” Knowles says. “Ultimately, our job is to take care of the land so it can take care of us and future generations. Our goal is to carry the legacy of the XIT forward by honoring the hard work and sacrifices of those who came before us.”]]> 62504 0 0 0 At its peak, the XIT Ranch carried 150,000 head and employed 150 cowboys who branded 35,000 calves a year.]]> https://landreport.com/2008/03/promontory-club-seeks-bankruptcy-protection/ Tue, 25 Mar 2008 07:00:47 +0000 http://67.205.9.54/2008/04/01/promontory-club-seeks-bankruptcy-protection/ What a difference a mortgage meltdown can make. A few years ago, I was touring the high country meadows outside Park City with Jack Nicklaus and his design team as the Golden Bear crafted one of his Signature Courses at the Promontory Club. The latest amenity there? Chapter 11 bankruptcy. The resort encompasses 7,000+ acres, and according to New West, where I sourced the story, 772 of 1,925 lots have been sold. I have yet to play the Nicklaus course, which opened in 2007, but I did get in a round on Pete Dye's course with Jack's Director of Communications, Scott Tolley. It was the last round of the day and the last day of the season. Needless to say at 8,000 feet above sea level it was the coldest round of golf I ever played.]]> 9 0 0 0 https://landreport.com/2008/03/texas-market-report/ Thu, 27 Mar 2008 07:00:07 +0000 https://www.landreport.com/?p=220 Land Report Editor Eric O'Keefe discusses the latest news on Texas real estate in the Texas Market Report.]]> 220 0 0 0 https://landreport.com/2008/09/investors-business-daily/ Tue, 02 Sep 2008 07:00:56 +0000 https://www.landreport.com/?p=265 In everyone's haste to enjoy the Labor Day weekend - to kick off the college football season or get ready for the first day of dove hunting - there's a better than average chance that few people noticed the front and center reference to the Land Report in Friday's Investor's Business Daily. So now that all of us are back on the clock and are now surfing the Net, I thought I'd bring attention to the fact that land and investing in land is still the great unknown for many publications and their readers. There are more than 2.3 billion acres of land in the U.S., and 80 percent of us live on just 3 percent of that total. Think about that the next time a news program focuses exclusively on the drop in housing starts.]]> 265 0 0 0 https://landreport.com/2009/01/tim-blixseth/ Thu, 01 Jan 2009 07:00:08 +0000 https://www.landreport.com/?p=845 845 0 0 0 https://landreport.com/2009/01/100-33/ Thu, 01 Jan 2009 07:00:08 +0000 https://www.landreport.com/?p=892 892 0 0 0 https://landreport.com/2009/01/100-32/ Sat, 10 Jan 2009 18:54:08 +0000 https://www.landreport.com/?p=894 894 0 0 0 https://landreport.com/2009/01/100-31/ Thu, 01 Jan 2009 07:00:08 +0000 https://www.landreport.com/?p=896 896 0 0 0 https://landreport.com/2009/01/100-2-4/ Sat, 10 Jan 2009 18:54:39 +0000 https://www.landreport.com/?p=902 902 0 0 0 https://landreport.com/2009/01/100-27/ Sat, 10 Jan 2009 18:54:39 +0000 https://www.landreport.com/?p=904 904 0 0 0 https://landreport.com/2009/01/100-2-5/ Sat, 10 Jan 2009 18:54:39 +0000 https://www.landreport.com/?p=906 906 0 0 0 https://landreport.com/2009/01/100-23/ Sat, 10 Jan 2009 18:54:39 +0000 https://www.landreport.com/?p=912 Forbes’s 2008 estimate) enables him to fund a space flight company called Blue Origin. The company tested its first developmental vehicle in November 2006. The launch site? One of several West Texas ranches Bezos has acquired for takeoff and landing.]]> 912 0 0 0 https://landreport.com/2009/01/100-20/ Sat, 10 Jan 2009 07:00:40 +0000 https://www.landreport.com/?p=918 Escalera Ranch website are highly recommended.]]> 918 0 0 0 https://landreport.com/2009/01/100-19/ Sat, 10 Jan 2009 18:54:40 +0000 https://www.landreport.com/?p=920 920 0 0 0 https://landreport.com/2009/01/100-16/ Sat, 10 Jan 2009 18:54:40 +0000 https://www.landreport.com/?p=926 926 0 0 0 https://landreport.com/2009/01/100-1/ Sat, 10 Jan 2009 18:54:40 +0000 https://www.landreport.com/?p=931 931 0 0 0 16329 0 0 https://landreport.com/2009/01/100-3/ Sat, 10 Jan 2009 20:45:11 +0000 https://www.landreport.com/?p=1041 1041 0 0 0 https://landreport.com/2008/04/max-baucus-out-to-ax-timber-tax/ Mon, 28 Apr 2008 19:00:32 +0000 https://www.landreport.com/?p=146 Timber sales are typically taxed at the standard 15 percent capital gain rate. Yet timber companies typically pay the standard 35 percent corporate tax rate. This quirk in the tax law has led many timber companies including Plum Creek and Potlatch to restructure as real estate investment trusts (REITs), which enables them to take advantage of the lower 15 percent rate. Montana Senator Max Baucus wants to change that. Now the chairman of the Senate Finance Committee, Max Baucus (D-Montana), wants all timber concerns to pay that rate, and he's attempting to get this proviso added to the farm bill now before Congress.The Op-Ed page in today's Wall Street Journal wants Baucus, who recently advocated a tax hike on hedge funds and private-equity shops, to extend a similar tax break across the board to all corporations. No surprise here. My question is if a solution already exists - shedding corporation status and restructuring as a REIT - why more timber companies aren't going that route already?]]> 51806 0 0 0 https://landreport.com/2008/04/the-nolan-ryan-interview/ Tue, 08 Apr 2008 07:00:18 +0000 http://67.205.9.54/?p=31 ]]> 51813 0 0 0 https://landreport.com/2008/06/the-coppola-interview/ Sat, 14 Jun 2008 07:00:43 +0000 http://67.205.9.54/?p=69 Francis Ford Coppola's Academy Award-winning films are undoubtedly his most famous works, but wine connoisseurs also treasure the acclaimed wines he has been producing at his Napa Valley estate since the mid-1970s.

]]> 51846 0 0 0 16257 0 0 https://landreport.com/2008/04/did-anyone-else-see-this/ Sat, 26 Apr 2008 07:00:51 +0000 https://www.landreport.com/?p=106 This Smart Money cover story touting rural land as an investment almost slipped by me. Fortunately, a Land Report reader brought it to my attention. Charitable giving, making a career change, a complete home makeover, collecting art, following a favorite passion — the piece is laden with solid ideas as well as some unexpected eye-openers. But of the seven ways to invest $100,000, the one I keyed in on was their very first: real estate. “Forget about a house, and buy land,” Reagan and Paskin wrote. “As the old saying goes, they aren’t making any more of it.”]]> 51867 0 0 0 https://landreport.com/2010/10/adults-only-the-interior-department-reality-show/ Fri, 01 Oct 2010 07:00:28 +0000 https://www.landreport.com/?p=273 Update: In a report to Congress on September 24, the Department of the Interior confirmed that the controversial Royalty in Kind Program will be phased out this Thursday, September 30. The Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEM) announced that the agency is successfully completing the orderly close-out of the Royalty in Kind Program, which accepted oil and gas in lieu of cash as royalty payments on federal energy resources. Interior Secretary Ken Salazar (shown here with BOEM Director Michael Bromwich) stated that all existing contracts would be allowed to expire and no further Royalty in Kind sales would take place. Download the complete report to Congress HERE. Originally posted September 12, 2008: The fine folks who gave America the Teapot Dome Scandal are pleased to bring their fellow citizens a sizzling new take on government outreach, including sex, drugs, and lucrative consulting contracts. The lurid scandal, which centers on Interior's Royalty in Kind program, was co-produced by Chevron, Shell, Gary Williams Energy, and Hess Corporation. Hundreds of articles covering this topic are available via Google News, but consider this post at SLATE, which has hyperlinks to the internal investigations by Interior's Office of Inspector General.]]> 273 0 0 0 https://landreport.com/2009/01/aubrey-mcclendon/ Sat, 10 Jan 2009 20:45:12 +0000 https://www.landreport.com/?p=629 629 0 0 0 https://landreport.com/2009/01/dennis-washington/ Sat, 10 Jan 2009 20:45:12 +0000 https://www.landreport.com/?p=633 633 0 0 0 https://landreport.com/2009/06/madeleine-pickens-presents-plan-to-blm/ Wed, 10 Jun 2009 07:00:29 +0000 https://www.landreport.com/?p=1831 website.]]> 1831 0 0 0 https://landreport.com/2009/10/ask-the-expert-andy-smyth/ Tue, 06 Oct 2009 07:00:40 +0000 https://www.landreport.com/?p=2190 Andy Smyth is a straight-speaking man, runs a great brokerage business in Idaho, and has become a good partner with The Land Report. Andy recently told me that after experiencing a downward period in the land market the likes of which he’s never seen before, he is finally seeing signs of things turning around for land deals in his neck of the woods. We asked Andy if he would mind us picking his brain a little bit, and he obliged. Land Report: What got you into the land business, and how long have you been at it? Andy Smyth: I was born into it. My great-grandfather Smyth sold his farmland near North Platte, Nebraska and moved to the Boise Valley in 1905. He, my grandfather, my father, and I farmed in this valley from then until the spring of 2008, when I retired from active farming after 34 years. My endeavor in real estate marketing began about 12 years ago as a diversification to my farming business. It seemed a natural outgrowth to my many years of involvement in various agricultural organizations and community service organizations throughout the state of Idaho. Land Report: What’s are the biggest changes you have seen in your 12 years of marketing property? Andy Smyth: The first was the run-up in land values beginning in the mid-‘90s that lasted until about the first half of 2008. The second was the decline in activity from then until very recently. During the first period I referred to, it was fairly easy to move land parcels. Since the end of ’08 and beginning of ‘09, it has become very difficult to move large parcels. It now requires a high level of persistence and focused advertising to attract interested buyers with the ability to "write the check." Land Report: You mentioned to me the other day that the market seems to be on the up-tick in your area. What are you experiencing? Andy Smyth: In the last month, mid August until today, I have received more inquiries than I received since the first of the year. I have had several investor groups contact me with inquiries about large parcels. I have had numerous individuals inquire about agricultural properties for investment and primary use purposes. I have had two ranch showings in the last 10 days and another scheduled for the end of this week. I have had four inquiries in the last 24 hours. I have not closed a deal as a result of this activity, but if this rate of inquiry continues, there is bound to be a resulting close coming. I am confident. Land Report: Tell us about some of your top current listings. Andy Smyth: I have a number of ranch/recreational/investment quality properties available. - A 6,080 deeded acre parcel within 1.5 hours of Boise is an exceptional property offering outstanding hunting of all types. It contains 700 acres BLM permanent lease acres adjacent. It is one contiguous parcel in a private setting. Year-round stream, 300-acre reservoir within 1/4 mile of boundary. No buildings. - A 1,700 deeded acre parcel, offering adjacent permanent lease land access to an additional 5,600 acres. This is a beautiful parcel offering timber at higher elevations and year-round streams. Home, shop, etc. — 2,646 deeded acres. 1,640 acres BLM permanent lease adjacent. 2 mile by 2.5 mile parcel running to the top of an 8,748 foot peak. Great hunting, access. Irrigation well. Home, shop, etc. Pictures, more information on these parcels, other available properties at www.smythfarms.com Land Report: What do you consider your unique strengths as a listing broker? Andy Smyth: My many years as an active, full-time farmer myself, allows me to fully understand the elements involved in selling the family farm or ranch. I am able to empathize in a way that some brokers can't. My priority as the listing agent is to protect the interests of the party selling their ranch or farm. I spend the money required to advertise in a way that many brokers do not. Representing the type of property that I do, requires a willingness to advertise in venues where the folks who have an interest in this type of property and who can "write the check" may be found. Not all brokers do this. That's why I advertise in The Land Report. It's an invaluable tool in securing new listings. It is an impressive, high quality publication. When a potential listing client sees my ads in recent issues of The Land Report, it is obvious to them that my commitment to represent their property in a serious way is beyond question. Land Report: From the buying side, what does your brokerage offer newcomers to your markets? Andy Smyth: I come from a world where a person's word is their bond. My role, as someone helping a potential customer select a property, is to provide honest, straightforward information. My responsibility is to provide correct, unbiased answers to their questions so they can make an informed decision regarding what is in their best interests. I take my role and responsibilities very seriously. My long history in the circles of the ranch and farm community can be very helpful. There are often properties which may be for sale that are not listed or being actively marketed. I also offer financing sources for folks who may not be able or want to write a check for the full amount at closing, but who may have the ability to secure financing for this type of property.]]> 2190 0 0 0 16352 http://www.broe.com 0 0 https://landreport.com/2009/12/ask-the-expert-greg-fay/ Mon, 14 Dec 2009 07:00:24 +0000 https://www.landreport.com/?p=2307 As 2010 approaches, landowners coast to coast are eager to get a bead on pricing and trends for recreational properties. Here’s a heads up from an industry icon, Greg Fay, who founded Fay Ranches in Bozeman, Montana in 1992. Fay and his partners have built a reputation for themselves that is recognized not only nationwide but internationally as well. In addition to brokering some of the best-known properties across the American West, their ranch management company, Fay Management, has advised landowners for over a decade, maximizing their clients' investments by creating and restoring habitat, agricultural resources, and structural improvements. When it comes to big ranches, has there been a major adjustment in prices similar to what we’ve seen in the residential and commercial sectors? The speculative sector of the market has evaporated. Investors who planned to do “shared ranch” developments now need to get out from under those investments. For the ranches we focus on, those with high recreational and aesthetic attributes, there has been some adjustment but nothing close to what we’ve seen in the residential market and commercial sectors. There are specific examples right now of owners who need to sell, and we can direct buyers to those opportunities. But as a whole the ranch market has not shown the urgency that has afflicted the residential and commercial sectors. Let’s go back to a point you just made. Why do great recreational ranches hold their value so well? It’s a supply and demand situation. There is a finite amount of ranches to begin with and even fewer ranches that have the highest quality recreational amenities, such as great trout fishing, beautiful scenery, great bird hunting, or big game hunting. The rampant development we’ve seen over the past five years in the residential market simply will never happen with this product. As a matter of fact there are fewer and fewer ranches every year. The other reason is the ranches are generally held by strong hands, either modern buyers who are financially secure or multi-generational owners. So you disagree with the statement that markets have seen a 15 to 25 percent adjustment downward? Not completely. As I mentioned, there are specific examples of great opportunities within the ranch market, but there just hasn’t been enough data to substantiate a market-wide diminution in value. Even in a great year, very few ranches change hands relative to the residential market. This is even more pronounced in 2009. So I just don’t think there is enough data to point to a specific percentage of adjustment. I will say, however, that some buyers are getting some darn good deals right now in those instances in which the owners need to sell. Have things slowed down for you and your brokerage? 2009 has been tough. Thank goodness for the relationships we’ve built over the years because those relationships have helped tremendously in this market. The first two quarters of the year were particularly challenging, but this fall we’ve seen a flurry of activity and have closed some large transactions. The tone of the conversations we’re having with our clients is much more positive. We are seeing an increase in active buyers looking for value, and we’re happy to help them find it.]]> 2307 0 0 0 https://landreport.com/2010/01/library-working-dogs-of-texas/ Wed, 06 Jan 2010 19:14:54 +0000 https://www.landreport.com/?p=2319 Both the author and the photographer are valued contributors to The Land Report, and there’s no doubt in my mind that landowners from coast to coast will be able to identify with this book. So let’s begin by getting two misconceptions about this book off the table. First off, Working Dogs is not a tribute to hunting dogs. Yes, there are great chapters on curs and feists, pointers, retrievers, and the fearless breeds that track wild hogs. The authors even tail a pack of hounds that are bona fide man-hunters à la Paul Newman in Cool Hand Luke. But at its core, Working Dogs is about the countless ways man’s best friend has been bred and trained to serve different masters, which is why this book is such a compelling volume. [caption id="attachment_2325" align="aligncenter" width="300"] Working Dogs of Texas by Henry Chappell and Wyman Meinzer[/caption] “The one thing these dogs all have in common is that each has a job to perform,” Wyman Meinzer says. “It might be highly specialized task that requires enormous amounts of training like search and rescue or detector dogs. It could be a more traditional one such as herding cattle or guarding against predators. It could even be as important as providing friendship to an elderly person.” To that end the final chapter is titled “The Caretakers.” The second element that needs to be dismissed is that Working Dogs of Texas suffers from geographic limitations because of its focus on the Lone Star State. On the water, in the woods, on ranches and farms, and at border checkpoint and international airports — Chappell and Meinzer covered an enormous amount of terrain researching this compelling project. Available online at Amazon.com]]> 2319 0 0 0 16358 http://www.karenr.com 0 0 16359 http://www.westbrookmountainfeist.com 0 0 https://landreport.com/2010/01/ask-the-expert-improving-access/ Mon, 11 Jan 2010 23:48:51 +0000 https://www.landreport.com/?p=2340 Winter provides the perfect opportunity to evaluate access, one of the most practical yet overlooked aspects of sound property management, according to Bill Benton and Robert Chandler, founders of Evolved Outdoors. Their company advises land-intensive recreational businesses such as Bill Dance Signature Lakes and Deer Creek Lodge on how to maximize stewardship, quality of experience, value acceleration, and return on investment. What’s a good approach for landowners looking to maximize a property’s value? Too often, land management is split into two distinct camps. On the one hand you’ll have the biology and wildlife camp, which can be all about stewardship. Then there’s the financial camp, which is driven by the real estate market and sales value. A competent landowner needs to adopt an overall philosophy that combines the two to maximum effect. Give us an example. Consider access. Most landowners are guilty of simply using whatever roads are on the property they purchased. They do little to no analysis on how the roads run, and why they run the way they do. What’s wrong with that? There’s an emotional element to access that translates to value. When you pull onto a property, you want the “Wow!” factor, one that adds to the financial and aesthetic value of your land. So how do you balance these two approaches? From a stewardship perspective, roads should allow for wildlife sanctuaries, corridors, and viewing areas. Although you want convenient access to hunting, you also need to maintain contiguous blocks of excellent habitat. Poorly planned roads can degrade habitat, cause erosion, and create the potential for unwanted disturbance. Why is this time of year a good time to consider access? Winter allows you the opportunity to view your property without leaf obstruction. You can see the lay of the land in ways you can’t during the growing season. This is the best time to consider ways that access improvements can enhance both the ecological and financial value of your property. You may want to lay out roads to improve the visibility of lakes and ponds or consider separate routes for regular property maintenance and hunting. Access should be controlled to minimize excess or public traffic and to maximize a sense of exclusivity. What about stewardship? What role does that play? Always consider natural drainage by working with Mother Nature to minimize erosion. Remember, stewardship equals value, and well-designed access is an important part of that equation.]]> 2340 0 0 0 16360 http://albiernats.com 0 0 https://landreport.com/2010/01/land-report-100-no-62-clayton-williams-jr/ Thu, 21 Jan 2010 19:54:48 +0000 https://www.landreport.com/?p=2353 OF THE COUNTRY'S 100 LARGEST LANDOWNERS, FEW ARE AS COLORFUL AS CLAYTIE. A passionate approach to land stewardship is but one of Clayton Williams’s claims to fame. The diehard Texas Aggie is a born entrepreneur whose many pursuits have ranged from insurance salesman to banker, farmer, rancher, real estate developer, big-game hunter, philanthropist, conservationist, and, at one pivotal point in his career, front-running gubernatorial candidate. And like any self-made man, he can ride out tough times with the best of them–even down to his last bullet. Williams’s trailblazing traits date to his colorful forebears, who mixed it up with the likes of Kit Carson, Billy the Kid, and Geronimo. The native Texan was born in Alpine in 1931 and raised in Fort Stockton. After attending Texas A&M and fulfilling his military obligations, he cut his teeth selling life insurance in Mineral Wells. But fate called him back to West Texas, where in a Fort Stockton coffee shop he learned about a farm for sale. He struck a deal with its owner to form an oil and gas partnership, and the cornerstone of his career was set. From that small start, his financial empire eventually grew to include a host of companies, from cow-calf operations to a safari company to several entities bearing the ClayDesta moniker, a nod to himself and wife Modesta. It was in Modesta that the wildcatter found a soul mate who shared his love of the land and sense of adventure. In his book Claytie: The Roller-Coaster Life of a Texas Wildcatter, Mike Cochran describes Williams’s run as “an exciting mix of hard work and great fun, building pipelines and drilling wells one day and branding calves and working cows the next–all embellished with a spectacular marriage. Claytie and Modesta really are bigger than life.” After an unsuccessful run for governor of Texas in 1990, Claytie turned his considerable energies on going public with Clayton Williams Energy Inc. (CWEI). With an estimated net worth of $100 million, his name was added to the Forbes Four Hundred. Today, he is a fixture on the Land Report 100 and ranked No. 62 in 2009 with 146,655 acres. During the past decade, CWEI has drilled 167 horizontal wells, mostly in the Austin Chalk formation as well as the Cotton Valley Reef in Texas, in Louisiana, in Mississippi, and in New Mexico. “Claytie is, by all measures, one of a kind,” says Cochran. “He’s an absolutely wonderful character. With his ranch he’s been really innovative and was recognized nationally for some of the innovations to trap water and to get the best use of the land.”]]> 2353 0 0 0 https://landreport.com/2010/02/ask-the-expert-scott-jones/ Mon, 22 Feb 2010 07:00:05 +0000 https://www.landreport.com/?p=2414 The second session of the 111th Congress is already under way, and landowners have a lot at stake. With that in mind, The Land Report turns to Scott Jones to get the inside scoop on Washington's next steps. Since 2003, Jones has been the CEO of the Forest Landowners Association (FLA), whose members own and operate some 40 million acres of forestland in 48 states. Founded in 1941, FLA offers education, information, and national grassroots advocacy with the goal of sustaining forestlands from one generation to the next. With so many bold initiatives taken on by the Obama administration, what are the chances of a climate bill passing this year? Would it benefit forest landowners? American voters believe that a climate/cap-and-trade bill may cost jobs; as a result, I would not be surprised to see the climate portion of the energy bill removed. If crafted properly, an energy bill could benefit private forest landowners by creating new markets for wood. However, the definition of “woody biomass” still needs to be fixed for landowners to truly benefit from the stripped down version of the bill. The federal estate tax dropped to zero this year. Do you expect it to return to 55 percent with a $1 million exemption as scheduled in 2011? There do not appear to be enough votes to bring the death tax back to life in 2010. Sen. Scott Brown’s (R-MA) recent election created a political barrier to retroactive death tax reinstatement. Unless legislative action is taken, the tax is scheduled to permanently return at a rate as high as 55 percent in 2011. But this is an election year, so anything is possible. Polls indicate 65 to 70 percent of Americans want the tax repealed. Name one other issue landowners should follow closely. The Clean Water Restoration Act is definitely legislation every landowner should keep an eye on. It seeks to expand the jurisdiction of the Clean Water Act by redefining “navigable waters” as “waters of the United States.” The consequences of this bill are enormous, and it has already created a firestorm in the Senate. Strong opposition convinced Rep. James Oberstar (D-MN) to delay introducing the bill on the House side. Oberstar now intends to move the bill through the House by the end of 2010.]]> 2414 0 0 0 https://landreport.com/2010/10/going-going-gone/ Tue, 12 Oct 2010 17:25:36 +0000 https://www.landreport.com/?p=3033 Land Report Auctions is open for business. “We wanted to develop a targeted, one-stop-shop website dedicated to land auctions for our Land Report readers. We have established ourselves as the voice of an asset class, and it's our goal to have all of our products — from our print magazine to our electronic newsletter — to be a direct benefit to those who follow The Land Report,” says Publisher Eddie Lee Rider. The decision to develop Land Report Auctions was based on the growing popularity of acquiring land at auction. “The land auction business is doing great. More and more people are coming to auction,” says William Bone, president of National Auction Group in a recent issue of the Magazine of the American Landowner. “The market for land is very liquid,” Bone adds. He credits this surge to investors who have withdrawn funds from shaky equity markets and are restructuring their portfolios to include land. "The optimism is back in the market, especially for higher-quality land,” Rex Schrader of Schrader Auctions says. Soft-launched in August, Land Report Auctions is now live and presently undergoing beta testing by many auction companies.  The Land Report will be heavily promoting the new dedicated land auction site via its award-winning print publication, at LandReport.com, in the magazine's monthly e-newsletter, at consumer and industry trade shows, and through targeted email-blast campaigns and with traditional SEO efforts.]]> 3033 0 0 0 https://landreport.com/2011/07/ask-the-expert-chip-lenihan/ Thu, 21 Jul 2011 07:00:56 +0000 https://www.landreport.com/?p=4368 2011 Market Update: Chip Lenihan has been fly-fishing Colorado’s best waters for 40 years. His side gig? Running the Telluride office of Fay Ranches as lead broker. The Land Report turned to this former mayor of Telluride for an update on today’s recreational properties market. Describe today’s market in one word. Value. How is that manifested? Buyers are willing to sit back and wait until they get real value for their money. Who’s driving today’s market? The biggest part of my business is families. Men tend to drive the decision-making on hunting properties and ag land, and women trend more in the direction of resort sales, ones that are closer in to town and that feature more amenities. But come rain or shine it’s families who are looking to enjoy the sort of lifestyle you can only find out in the great wide open. What's been the biggest surprise of 2011? The number of investors parking their money in land. The capital is out there. But after what happened in 2008, no one is in a hurry to put it in traditional markets. Elaborate. Five years ago, land was a hot commodity. Everybody wanted to get on board before the train left the station. And that brought a lot of buyers with short-term horizons into our market. Today, investors recognize the value inherent in current markets. A good number of them are looking at land as a smart buy, one with proven returns, long range stability, plus big upside from a personal standpoint. Public land. Do buyers want to border national forest or BLM, or should they steer clear? Great question. if you’re scouting a potential property and it borders public land, it’s absolutely essential to determine how intensely it’s used. Are you up against an unused corner of a national forest? Great. That will add a 10% to 20% premium to the value of your property. Does a hunting outfitter operate a base camp right across your fence line that’s going to bring in 25 guns for deer and elk season? Might not be your cup of tea.]]> 4368 0 0 0 https://landreport.com/2012/01/ask-the-expert-dean-saunders/ Thu, 26 Jan 2012 07:00:56 +0000 https://www.landreport.com/?p=5680 Eye on the Market: Dean Saunders has chaired the Florida Real Estate Commission, is certified as an Accredited Land Consultant (ALC), and was awarded the Certified Commercial Investment Member (CCIM) designation in 2010. The Land Report asked one of the country’s leading land brokers for his take on current market conditions. You’ve got a long history on the land. You’re a sixth-generation Floridian with deep roots in agriculture. What keeps you going? I love what I do. I love the people I work with. I love getting outside and looking at land. Every day I wake up, I can’t wait to get going. It’s fun, and I get paid to do it. When you were in the Florida Legislature, you helped craft key conservation legislation. Can that work as an investment angle? Definitely. I’ve got one client, a rancher, whose primary investment has been land over the last 15 years, he’s tripled his acreage by skillful use of conservation easements. What’s the strategy? He buys a piece of land for farming, hay, sod, and cattle. Then he sells a conservation easement. With the proceeds, he buys another piece of property and starts the whole process over again. Who are your foreign investors? It wasn’t too long ago that we had a bunch of Venezuelans trying to get their money out ahead of Chavez. Today’s market is primarily influenced by Canadians, Brits, some Germans, as well as South Americans. Are they all about farmland? Seems like everyone is, right? I’m a member of the realtors land institute, and a lot of my buddies in the Midwest and the Delta have seen land prices triple these past few years. A big part of that is commodity pricing, but there’s also the market. Investors are also looking for a safe haven for their money. You can’t earn anything from banks. The stock market is so volatile. But if you buy the right piece of land at the right price, you can generate a 5 percent return from cash rents. Rising commodity prices mean farmers can pay higher cash rents. This increases the value of the land. So people are buying farmland as fast as they can find it.]]> 5680 0 0 0 https://landreport.com/2012/05/farmland-spikes/ Tue, 15 May 2012 07:00:26 +0000 https://www.landreport.com/?p=6440

Economists at the Kansas City Fed and bankers in the Tenth District report robust 4Q 2011 ag numbers. —The Editors

"Farmland values soared higher, reaching all-time highs across much of the District in the fourth quarter.” “Nonirrigated cropland values in the Tenth District jumped almost 9% during the last three months of 2011 and were 25% higher than year-ago levels.” “This trend led ‘an increasing number of absentee landowners’ to put ‘their farms up for sale and attributed much of the auction activity to landowners seeking top-dollar prices.’”

– Jason Henderson, Omaha Branch Executive Maria Akers, Associate Economist

“With current price levels, many older landowners are cashing out.” – Eastern Nebraska banker “Land prices and cash rents are highly dependent on irrigation capacity.” – Western Oklahoma banker Source: Kansas City Fed’s Survey of Tenth District Agricultural Conditions Click here to download a copy of the Spring 2012 issue of The Land Report.]]> 6440 0 0 0 https://landreport.com/2012/07/sovereign-oaks-auction/ Tue, 24 Jul 2012 07:00:12 +0000 https://www.landreport.com/?p=7040

12871 South Highway 475, Ocala, Florida

Auction to be held onsite with online bidding available.

Listing details:

• Corporate office with beautiful views, three bedrooms, two bathrooms.
• Newly renovated home for guests/manage.
• Six stall stallion barn with breeding shed and office/apartment.
• Features 18 stall custom show stable with apartment, air conditioned tack room, saddling station and arena, 60-foot covered round pen with viewing stand, workshop/garage with three large open bays and two smaller bays with garage doors.
• All fencing is brand new. Includes gated entrance, two wells, and two ponds.

AU 479 AB 296 - 10% Buyer’s Premium. 2% Broker Participation - 30 Day Closing

For Property Information Contact: Joan Pletcher, Realtor 352-266-9100

For Auction Information Contact: Doug Dennison 904-325-3020

Rowell Realty & Auction Co., Inc - A Marknet Alliance Member 800-323-8388

]]> 7040 0 0 0 https://landreport.com/2012/09/wyomings-river-bend-ranch/ Thu, 20 Sep 2012 07:00:22 +0000 https://www.landreport.com/?p=7459 Just one look, and it becomes crystal clear that River Bend Ranch has everything one could want in a high country ranch. Muleys and whitetails mingle in lush hay pastures with elk, moose, and a small herd of Black Angus. Dense riparian woodlands teem with cottonwoods and wild cherry. More than six miles of the pristine Laramie River course through the heart of the Big Laramie Valley some 7,000-plus feet above sea level. The viewshed on the 6,750-acre ranch features gorgeous vistas in every direction, particularly to the southwest where the tall peaks of the Snowy Range rise above the valley floor. A historic cabin, seven barns, three homes, a bunkhouse, a shop, and kennels top the long list of improvements. Oh, and there’s one more thing about River Bend, and it’s got a lot to do with that six miles of the Laramie. “This is quite possibly the finest angling property Fay Ranches has ever listed,” says Greg Fay, founder of Fay Ranches. “The Laramie winds through cottonwood-forested river bottom, ideal habitat for large trout. We’ve landed several 20-to 24-inch browns and rainbows that have taken us upstream and down, around corners and under logs. It’s been fantastic. I can’t wait to get back down there and fish it again.” Yet River Bend’s many assets also include some not visible to the naked eye. Despite its remote setting, Laramie, the University of Wyoming, and commercial air service are an easy 20-minute drive. Valuable water rights are another key feature, according to ranch manager Jill Zimmerman, who lives on the property with her husband, John, an accomplished luthier. Zimmerman is passionate about this property. She’s gone the extra mile to research the history of the ranch and those who have stewarded it over the decades, interviewing old-timers to glean anecdotes and insight and tracking down previous owners such as Lefty Cole, Laddie Smith, and James Wilson. During my visit, Zimmerman shows me the route the Overland Trail followed across the property. She discusses Native Americans who inhabited the valley. Some artifacts date back more than 10,000 years. River Bend’s allure is not limited to its impressive resources or its historic legacy. Listed by Fay Ranches for $9.5 million, the donation and sale of this Rocky Mountain legacy ranch will play a critical role in bettering the American West. This unexpected storyline is the result of a unique collaboration between the University of Wyoming and River Bend’s current owner, Tim Mellon. Mellon bought River Bend in 2005. He added two additional ranches, including the X Bar River Ranch. In doing so, he effectively quadrupled the size of the original property. A conservation easement administered by the Wyoming Game & Fish Department was placed on all but a section and a half of the ranch. Kermit Brown views the donation of River Bend as a new paradigm in advancing range management. “Tim wanted to do something with this ranch,” says Brown, the attorney at Brown & Hiser in Laramie who orchestrated the landmark deal. “And the University of Wyoming and the state have made a significant commitment to combating diseases that affect livestock and wildlife,” Brown says. Among them are brucellosis, a major concern in the northwest part of the state near Yellowstone National Park. The perils of chronic wasting disease are a statewide and national priority. Brown also mentions the looming specter of Rift Valley Fever from Africa. Like brucellosis, it, too, is jumping from species to species. Thanks to Mellon’s gift, the proceeds from the sale of River Bend will advance research on these and other topics critical to landowners. “I went to the Ag School to get their materials on shovel-ready programs they had in place. Tim really liked this one. Tim saw the opportunity. He had a tax situation where he could do something with this ranch. He really did think it through. In the long run, it’s a real commitment to agriculture, ranches, and the American West,” Brown says. Seventeen miles north of the ranch, on the southern outskirts of Laramie, stands the building complex that will benefit from the sale of River Bend. It is the home of the Wyoming State Veterinary Laboratory as well as the University of Wyoming’s Department of Veterinary Sciences Lab. Both centers are units of the University of Wyoming’s College of Natural Resources. The program that River Bend will support has multiple missions – teaching, research, and service, including a diagnostic and veterinary service to ranchers – all of which revolve around animal health, and, specifically, disease prevention, a challenge and a threat facing livestock and wildlife throughout the West. “Our program is unique in its laser focus on large domestic and wild ungulates,” says Dr. Frank Galey, the enthusiastic Dean of the College of Agriculture and Natural Resources. “We’re looking at sheep pneumonia, chronic wasting disease, and brucellosis in wild bison and elk in the Greater Yellowstone Ecosystem that impact cattle. The late Dr. Beth Williams, who was lead pathologist here for many years, discovered chronic wasting disease.” Chronic wasting disease (CWD) would be the wild equivalent of bovine spongiform encephalitis (BSE), which is better known by its tabloid nickname, mad cow disease. Recent outbreaks of CWD have been found in whitetail deer in many parts of the U.S. A $25-million upgrade at the University of Wyoming has added three high-security laboratories working with bio-safety level diseases such as CWD, BSE, and brucellosis. “Many of the diseases that occur naturally in Wyoming are considered agents of concern by the Department of Homeland Security,” Galey explains. “We can’t do the research we need to do without this special enclosed space. The State of Wyoming anted up. We were able to hire continental Europe’s leading prion researcher, Dr. Herman Schatz. We brought a Nobel Laureate to the university last year, Kurt Wuthrich. Guys from the military who were working on anthrax vaccines are now here working on brucellosis vaccines. We’ve got an all-star team here. So this place is a real catalyst.” “We were given the River Bend Ranch by the Mellons with the understanding that we would market the ranch and put the proceeds in an endowment to support another excellence professor, bring in graduate students, and provide laboratory support,” Galey says. “We’re dedicated to doing important research about these diseases and finding solutions.” The gift, Galey said, is “catalytic, not only from the standpoint of getting research done, but it’s excited my administration so that now they have a major transformative initiative to try and raise more. We’re at the point we have enough critical mass and major expertise to attract major veterinary schools as partners. This gift is part of what attracted them. Not only will this gift bring one more researcher in, it’s likely to bring an entire school full of researchers collaborating with us on these problems.” Any temptation by UW to hold on to the ranch was tempered by the dozens of ranchers already working with UW as well as extensive access to public lands administrated by the Wyoming Game & Fish Department. Still, the university hopes to maintain a relationship with the new owner. “We’ll keep the buyer involved in our program if they’d like because there’s so many things a private landowner can do to help us,” Galey says. Of course there are other considerations for the ranch’s next owner. “In addition to furthering the University of Wyoming’s significant research, the new owner of the River Bend Ranch will enjoy a very productive ranch,” Fay says. “The agricultural operation has high-quality facilities and produces a strong hay crop to support the livestock. The current managers and lessees have taken excellent care of the ranch and would be an asset to the ranch going forward.” With the endowed chair and funding for graduate students, staff, outreach, and education, Galey envisions a 10-year window for developing vaccines to control diseases. “This kind of money changes everything,” Galey acknowledges. Todd Cornish, Brant Schumaker, and Hermann Schatzel discussed with me how the River Bend endowment will be used to further research. Cornish is the lead pathologist in the labs. Schumaker is an epidemiologist who takes a macro view of these diseases. Schatzel studies the molecular base of what’s happening with the protein that triggers CWD. “This center builds on existing strengths of this department and this university, working on diseases that are occurring with wildlife, livestock, and companion animals,” Cornish said. “We’ve always worked at an underfunded level. [The sale of the River Bend Ranch] will allow us to work on an ecosystem level, which is where we need to be approaching these problems.” Schumaker’s expertise is brucellosis, but he’s looking at other diseases as well. “My specialty is looking at all the variables that go into a disease issue and then trying to come up with solutions from the 30,000-foot view,” he explains. “Our population is so tied our resources – our land, our wildlife, our livestock. This is a really important place to put a center like this, one that will be well-received by the public as well as by the university.“ Vaccines are Schatzel’s specialty. They are why he came to Wyoming to study CWD and the protein that causes it. In the Cowboy State, he has access to a critical mass of wildlife that doesn’t exist in Germany. “The mountain doesn’t come to the prophet, the prophet goes to the mountain. That’s why I’m here,” the Bavarian says. “Chronic wasting disease is the most puzzling, interesting, and challenging prion disease. It’s also the most contagious. And this is the best place to study CWD. We are thinking big in Wyoming. We’ve found some ways to trick the immune system to react with another form of the prion protein. And this can stop prion propagation.” Cornish gave me a guided tour of the diagnostic labs, which also function as the state veterinary lab. “We are the most over-trained people you’ve ever met in your life. We are CDC-certified, AADLD-certified, and a bunch of other acronyms-certified. All the water used in the labs is run through an on-site water treatment plant. You can’t even take paper from your lab reports out. You fax your papers out,” Cornish says. He adds that the lab’s location in Wyoming is ideal. “It’s a natural theater for doing wildlife disease research,” he says. “On the other side of the coin, we’re a beef state. The presence of all those ranchers is a buffer against development and loss of open spaces and wild places. It’s always been a natural marriage between livestock and wildlife at this institution.” “The next owner of the River Bend Ranch is going to buy a beautiful ranch. But they’re also going to put money behind a program that’s going to be solving problems,” Galey says. Zimmerman has her own goal for the ranch. “I want the best for River Bend,” she says as her eyes scan the vast landscape. “I want this to be here 100 years from now.” Thanks to a forward-thinking donation by the Mellon family and the commitment of the current stakeholders, her wish is likely to be granted.]]> 7459 0 0 0 https://landreport.com/2012/10/for-sale-arkansass-prairie-wings-duck-club/ Wed, 03 Oct 2012 07:00:47 +0000 https://www.landreport.com/?p=7507 Dating back to 1948, Prairie Wings Duck Club in Jefferson County, Arkansas is one of America’s best private hunting clubs offering green-timber mallard duck hunting, along with impressive whitetail deer hunting. Adjoining the Bayou Meto Wildlife Management Area and other properties intensively managed for waterfowl and whitetail deer, Prairie Wings Duck Club consists of 1,650± total acres, including 1,130 acres of impounded, mature hardwood timber; 464± acres that are cultivated for rice and soybeans; and 56 acres including the lodge and equipment storage sites, levees, bayous, and roads. The flooded timber offers six beautiful shooting holes, which some of them have been the inspiration for a few paintings by nationally acclaimed wildlife artists. The timber is a mixed species oaks, which has been well managed over the previous century. There are five (5) wells and five (5) relifts for watering and dewatering the two large green-timber impoundments. The cultivated acreage strategically rests around the perimeter of the impounded timber and offers sanctuary and feed for the wintering waterfowl. All of the cultivated acreage is managed in a rotation of rice and soybeans providing excellent habitat for resting and wintering waterfowl. The farmland acreage is 100% irrigated and all precision leveled for efficient water management. A professional farmer is in place and the property is farmed on a crop-share basis. The charming Prairie Wings lodge rests on the banks of Fish Lake Ditch and is abundant and widespread over a single level intertwining structure that is as dated as its prominent history. The lodge is designed to accommodate large groups of shooting sportsmen in warm comfort and includes six (6) master suites, nine (9) guest bedrooms, a guide’s quarters, and abundant bathrooms. The kitchen and dining room are fully equipped to service all the culinary needs of the lodge. A huge deck with fire pit is adjacent to the lodge positioned on Fish Lake Ditch. The exterior features cypress of the local bottomlands. Equipment storage and dog kennels is located just away from the lodge. This property has been commercially hunted for ducks since the mid-1990s. Records show an average success of over 2,500 harvested ducks per year. Listed with Lile Real Estate, Prairie Wings Duck Club is available for $15 million. For more information, contact Gar Lile at (501) 374-3411 (office) or (501) 920-7015 (mobile).]]> 7507 0 0 0 https://landreport.com/2012/11/2012-land-report-100-flitner-family/ Wed, 28 Nov 2012 12:00:12 +0000 https://www.landreport.com/?p=7900

No. 25 Flitner Family

300,000 acres David and Paula Flitner pieced together multiple parcels to form their sprawling Wyoming outfit. David’s grandfather homesteaded the original 160 acres; the expansion began in earnest some 20 years ago. The former president of the Wyoming Farm Bureau, David and Paula founded The Hideout Adventures in 1992. They’re still fixtures at The Hideout Lodge & Guest Ranch, but nowadays Paula’s nephew Peter DeCabooter and wife Marijn Werquin run this upscale working guest ranch east of Yellowstone National Park.   ]]> 7900 0 0 0 https://landreport.com/2009/06/interview-heath-shuler/ Mon, 15 Jun 2009 07:00:40 +0000 https://www.landreport.com/?p=10732 The Land Report, Summer 2009

Growing up in the 1970s, Heath Shuler saw quail hunting disappear from the mountains of his native North Carolina. “It occurred to me early on that if I wanted to hunt quail, I might have to buy property with good habitat,” he says.

By Henry Chappell. Photography by Amber Humphries and Greta Reynolds. After a record-setting career as quarterback at the University of Tennessee, a second-place finish in 1993 Heisman Trophy voting, and several years in the NFL, he founded Heath Shuler Realty and grew it into one of the largest independent real estate firms in the South. Naturally, he kept an eye out for the best hunting and fishing properties. Nowadays, that’s no small feat, especially in the Southeast where bobwhite populations have been declining for the past half-century due to changing land use. But Heath Shuler has never been a man of modest goals.

But it was his career as a football star that led him to his dream property. Several years ago, at the annual Quail Unlimited Celebrity Quail Hunt, Rocky Evans, the organization’s longtime president, told him about a prime quail plantation in South Georgia. In 2003, with the money from the sale of a Knoxville property, he bought a stake in Wynfield Plantation in the storied quail country near Albany.

One of only 24 Orvis Endorsed Wingshooting lodges, Wynfield was named the plantation Wingshooting Lodge of the Year in 2005. October through March, Wynfield welcomes quail hunters, their families, and hunting dogs to some of the South’s best quail hunting, sporting clays, dining, and accommodations.

Now imagine the scene: A classy brace of English setters, high on both ends, locked up tight on a covey of bobwhites amid the pines and knee-high sedge. A pair of hunters approach, one with a Labrador retriever at heel. They position themselves for clear shots, and the dog handler sends his Lab in for the flush. The birds whir out the grass, boring away toward the nearest escape cover, trying to put trees between themselves and the hunters. All the while, the setters remain steady. The guns thump four times; four birds fall.

Having stopped at the flush, the Lab marks two of the downed birds. On command, she fetches them both, sitting to deliver. With the “dead bird!” command, the setters snort up the other two birds and bring them to hand before being cast in search of another covey.

A passage from a Nash Buckingham story? Actually, similar scenes play out nearly every fall and winter day at Wynfield Plantation. Heath is serious about his dogs and shooting.

“I started out as a kid hunting squirrels on those steep ridges around home,” he says. “As soon as I got big enough, I graduated to what I consider to be the most challenging game bird in the world — the ruffed grouse. A dog that can handle grouse can handle anything.”

Later, when he wasn’t playing football or closing real estate deals, Heath worked his Labs at the highest levels of amateur field trail competition and field testing. Several of his dogs achieved Master Hunter level in the American Kennel Club testing program.

In 2006, Heath’s schedule went from full to packed when he defeated an eight-term incumbent Republican to win a seat in the U.S. House of Representatives. He was reelected by a landslide in 2008. He’s a member of the Blue Dog Coalition, a caucus of moderate and conservative House Democrats. His district covers most of his home region in the mountains of Western North Carolina. As Chairman of the House Subcommittee on Rural Development, Entrepreneurship, and Trade, he sponsored and shepherded into law the Small Energy Efficient Business Act, which stimulates growth in alternative energy markets by increasing investment in small producers. True to his conservationist sensibilities, he sponsored legislation aimed at developing biomass and carbon trading markets for private forest owners, and he continues to work closely with the Environmental Protection Agency on the assessment and cleanup of a large, contaminated former electronics manufacturing site that threatens water supplies in his home district. He takes stewardship and roots very seriously.

In 2007, realizing that he simply didn’t have time to be involved in the plantation’s day-to-day business, Heath hired his longtime friend Mike Osteen, a veteran professional dog trainer, as general manager and head trainer. At Wynfield Plantation, Mike and two other trainers work a kennel of English pointers, English Setters, German shorthaired pointers, English cocker spaniels, springer spaniels, Brittanies, and Labrador retrievers. The staff also takes on a limited number of outside dogs for training. Most years, the Wynfield kennel produces several litters of puppies out of championship bloodlines. A few of these pups are chosen to replenish the kennel. The rest are offered for sale. Mike considers, Labs, English setters, and English cockers kennel specialties. Wynfield is a member of the Orvis-Endorsed Breeding and Training program. Wynfield shooting dogs learn their trade in some of the best quail habitat in the Deep South — nearly 1,900 acres of open longleaf pine uplands and classic Southern bottomland with Spanish moss-draped live oaks. The staff controls encroaching brush and stimulates growth of forbs and legumes through prescribed burning, which mimics the natural, cleansing fires that maintained the open, grassy longleaf ecosystem prior to settlement. Heath and his guests do most of their hunting on foot, so Wynfield pointing dogs are bred and trained to hunt at medium range: 100 to 200 yards. However, Mike Osteen says that the dogs range as wide or as close as they need to. Mature dogs are steady to wing and shot, and spaniels and retrievers generally stay at heel until sent to flush or retrieve, although they’ll quarter within shotgun range when the situation calls for it. “I love it when we have multiple birds down so that we can let the Labs and cockers practice blind retrieves,” Heath says. They’ll pick up the ones they mark, and then we’ll handle them to the others.

You read right. English cocker spaniels running blind retrieves: taking lines, sitting at the whistle, and responding to hand signals. Sure, you’d expect that from a decent Lab, but a cocker spaniel? Clearly we’re not talking about the typical neurotic, bug-eyed, coiffed American cocker or even the average working English cocker. This is high-end spaniel work.

But Wynfield welcomes all comers. “By all means, bring your own dogs,” Mike says. “Sure, we’ll provide guides and dogs, but real dog people want to hunt with their own dogs. If your dog has a few problems out in the field, we’ll make suggestions for fixing them, or, if you prefer, we’ll fix them for you. We customize the experience so that everyone feels comfortable.”

That same attitude extends to gunning as well. Wynfield gunsmiths and gun fitters custom build shotguns to individual specification or modify guests’ guns for better fit. Rental guns are also available for guests who chose not to bring a gun.

Heath’s wife, Nikol, though not a hunter, enjoys shooting sporting clays on the Wynfield course. He and his eight year-old son, Navy, hunt with Mike Osteen and his sons, eleven-year-old Grant and nine-year-old John. This past quail season, Navy shot his first quail on the rise. “He’d been watching the older boys and was waiting for his chance,” Heath says. His first bird, on the wing, over a good dog, is a huge deal. Now he’s hooked. He’s a hunter for life.”

Ultimately, Heath’s relationship with his land is about creating memories. “Nowadays, my kids get all excited about staying in ‘their cabin,’ or sleeping in ‘their bunk.’ My four year-old daughter, Island, fishes in the lake and gets to ride on the four wheeler.”

“For Heath, the dog training and hunting really serve as an escape from the pressures of Washington and the demands of his business, and gives him a chance to spend time with his family,” Mike says. “I’ve known Heath for a long time, and he’s more mesmerized by this place than by anything else he’s experienced.

Considering Heath Shuler’s experiences so far, that’s saying something.

]]> 10732 0 0 0 https://landreport.com/2009/03/the-land-report-spring-2009/ Sun, 15 Mar 2009 07:00:46 +0000 https://www.landreport.com/?p=11631

A New Administration and a New Supreme Court Justice Will Have a Major Impact on Landowners.

Dred Scott v. Sandford (1857). Plessy v. Ferguson (1896). Korematsu v. United States (1944). San Antonio v. Rodriquez (1973). To the long list of despicable decisions handed down by the Supreme Court, landowners include Kelo v. New London (2005), which affirmed the City of New London’s decision to condemn the properties of dozens of homeowners to further economic development. Americans of all walks of life were stunned to learn that the taking clause of the Fifth Amendment had so expanded. No wonder eminent domain has been labeled the “despotic power.” The Wall Street Journal neatly summed up the court’s 5-4 decision: “The Supreme Court has written some despised rulings over the years, but last year’s Kelo case is fast rising up the list of the worst.” I bring up Kelo for several reasons. First of all, on page 16 Trey Garrison reviews a new book on the case, Little Pink House. No matter if you own 1 acre or 1 million, this is a must-read. Buy the book and arm yourself against further incursions against your rights. Secondly, I want to point out what I consider to be the true lesson of Kelo. Although the court’s decision was a disappointing conclusion to a long legal battle, the most important steps in this case were initiated by private citizens. The New London Development Corporation (NLDC) was no secret society of paper-pushing bureaucrats. It was manned by volunteers. Claire Gaudiani was president of Connecticut College. George Milne was a Pfizer executive (who failed to recuse himself when his employer emerged as the likely recipient of the land being condemned). Steve Percy was (and is) a real estate broker, who lists his service as a NLDC director at the website of his employer, Pequot Commercial. These people don’t wear black robes. They belong to the Rotary Club. Protecting your property rights begins at home. Lastly, the federal government does have a huge say in the policy matters that affect public and private land. That’s why I tasked Joe Guinto with taking a close look at the officials whose decisions affect all landowners. As the Voice of the American Landowner, this magazine’s charge is to monitor their policies, broadcast their views, and offer our support and dissent when needed. Which is why I conclude by urging President Obama to nominate a replacement for Justice Souter who strongly supports landowners’ rights. Those of you who read Jeff Benedict’s book know that Souter sided with Justices Breyer, Ginsburg, Kennedy, and Stevens in this “despised ruling.” Eric O’Keefe, Editor, The Land Report]]> 11631 0 0 0 https://landreport.com/2014/03/certifiedcommunities/ Sun, 30 Mar 2014 07:00:56 +0000 https://www.landreport.com/?p=10234

ANNOUNCING A NEW STANDARD IN EXCELLENCE

Since its inception, The Magazine of the American Landowner has provided unparalleled insight into national and regional land markets, taxation strategies, and specific land uses, including timberland, ranches, and recreational properties. Now, in light of the global financial crisis, The Land Report has established a program to inspect the physical infrastructure of resort communities, their amenities, and their bona fides. Those that pass this rigorous certification process proudly display the designation of a Land Report Certified Community.

CRITERIA

Infrastructure

• Completed Infrastructure
• Completed Amenities
• Building Guidelines in Place
• Solvent Property Owner’s Association
• Experienced Developer with Proven Track Record

Documentation

• Detailed Survey Delivered at Closing
• General Warranty Deed Delivered at Closing
• Title Insurance Available/Delivered at Closing
• Buildability Guarantee Delivered at Closing
• Soils Guarantee Delivered at Closing

]]> 10234 0 0 0 https://landreport.com/2014/03/georgias-falling-waters/ Sat, 15 Mar 2014 07:00:13 +0000 https://www.landreport.com/?p=10275 Nestled at more than 2,500 feet above sea level, Falling Waters offers unmatched privacy yet sits just
an hour outside of Atlanta in North Georgia’s gold country.[/caption]

Georgia’s premier Land Report Certified Community is the ultimate Blue Ridge Mountains getaway.

There are countless reasons people love Atlanta. The home of CNN, Gone With the Wind, the Braves, the Falcons, and the Hawks, this sophisticated metropolis hosted the 1996 Summer Olympics. More recently, the city’s blend of fine dining and local fare have made Atlanta a destination for foodies of all stripes. However, that’s not all this city is known for. Thanks to its heat and humidity, Georgia’s capital also bears the nickname “Hotlanta.” And on almost any given summer day, these two attributes that can turn a foray outdoors into a sweat-drenched episode of Survivor. [caption id="attachment_10278" align="aligncenter" width="550"] It’s all downhill from Falling Waters to Atlanta’s concrete canyons just an hour south.[/caption] There’s an easy way to beat the heat, and it’s not round-the-clock air conditioning. Generations of Georgians (and, for that matter, Floridians) have long known about an oasis, one that sits just a short drive north of metro Atlanta. Called the Blue Ridge Mountains, this high-country sanctuary is home to thousands of acres of wooded hills and streams. State parks, national forests, and wilderness areas abound. So do a few pockets of private land. And while millions of Atlantans are sweltering in 100-degree heat less than an hour away, a few lucky souls are enjoying cool breezes and unobstructed mountain views at Falling Waters. Large acreage home sites – the average is approximately six acres per home – give Falling Waters a distinctive sense of privacy. Thanks to this low-density approach, some 80 percent of this mountain community will always remain pristine hardwoods, canopied forest, and meandering creek beds. Homes are subject to strictly enforced covenants. Land values and the aesthetic appeal are further enhanced by architectural guidelines. Home exteriors must utilize harmonious materials as well as feature colors that accentuate earth tones. Similar foresight went into the landscaping guidelines, which seek to minimize the impact on native flora and the surrounding forest. [caption id="attachment_10279" align="aligncenter" width="550"] The soothing sound of Clear Creek is one of the resort’s many signatures.[/caption] It is this rare combination – complete privacy in a breathtaking mountain community coupled with convenient access to one of the country’s most vibrant metropolitan areas – that fosters a one-of-a-kind lifestyle found only at Falling Waters. Mile after mile of verdant trails offer ample opportunity to hike and to explore, to bird watch, and to soak up Mother Nature. The lay of the land varies in altitude from 2,500 feet above sea level to almost 3,000 feet. And the vast majority of acreage at Falling Waters will remain undeveloped in perpetuity. Yet when travel beckons and the need arises to catch a flight across country or even overseas, the world’s busiest airport, Atlanta Hartsfield-Jackson, is just over an hour away via Interstate 75. Have a client meeting at a Fortune 500 company? Coca-Cola, The Home Depot, UPS, and Delta Airlines all call Atlanta home. Those who prefer to telecommute can rest assured knowing that they are dialed in via high-speed, fiberoptic cable. Every tract at Falling Waters comes complete with underground utilities already in place. Sooner or later the bright lights of the big city beckon. Few can rival the variety of choices a short drive from Falling Waters. National Geographic Traveler put it best: “Atlanta is a hotbed of upscale shopping, creative cuisine, and an exploding arts scene. Locals are passionate about college and pro sports, but also about foie gras, collard greens, and pecan pie. Neighborhoods like trendy Virginia-Highland and upscale Buckhead share cultural space with alternative Little Five Points and East Atlanta Village. The heart of the Southeast has a captivating intersection of liberals and conservatives, blacks and whites. New attractions – the Georgia Aquarium, Atlantic Station, Cobb Energy Performing Arts Center, and the recently redeveloped World of Coca-Cola – show that Atlanta, ever re-defining itself, has no plans to rest on its laurels.” [caption id="attachment_10281" align="aligncenter" width="550"] Attention to detail is a hallmark of the infrastructure at Falling Waters.[/caption] For Developer Mike Patten, Falling Waters offered a welcome opportunity to step back into his preferred niche: land. For decades, the Patten family has evaluated, acquired, improved, and marketed thousands of square miles of land to satisfied clients, and it has made a name for itself in just about every corner of the U.S.: the Rocky Mountains, the Gulf Coast, the Deep South, the Mid-Atlantic, and in Patten’s native Northeast. “Our buyers are end users, not speculators,” Patten says. “Developers and flippers who got into land speculation are interested in a quick buck. When you fulfill people’s dreams of owning a piece of land like we do, your clients buy for the right reasons.” Patten’s development company was one of the few to survive and prosper during the Great Recession, something he attributes to being in the right place at the right time. An example of this trait would be his long-term partnership with Will and Mark Adkins of the Waterfront Group. “I’ve been working with Will and Mark since they launched The Waterfront Group in 1994. Those two go first class all the way: on the projects they develop and with their giving, too. Just take a look at Camp New Hope, their nonprofit, no-charge facility for families who have children with life-threatening medical conditions. That place tells you all you need to know about those guys,” Patten says. According to Will Adkins, there is no question in his mind as to the most appealing feature of this North Georgia resort: timing. “Right now at Falling Waters, buyers have an incredibly rare opportunity to purchase some of the highest quality property in the Georgia mountains and to pay below developer cost. It’s a time-sensitive window, and it ties back to the Great Recession and some of the investment opportunities created by the downturn. That’s what so exciting for us, to bring to market a place this great at prices no one has seen in a decade,” Adkins says. [caption id="attachment_10282" align="aligncenter" width="550"] Land Report Editor Eric O’Keefe reviews site plans with Project Manager Matt Logue.[/caption] In addition to the drop-dead setting, easy access to Atlanta, the strong team behind it, and spot-on timing, one final key attribute distinguishes Falling Waters from other communities on the market in the Southeast. In 2014, it was selected as Georgia’s premier Land Report Certified Community. [caption id="attachment_10283" align="alignright" width="200"] More than 80% of Falling Waters will remain undeveloped leaving miles of pristine forest and wooded trails for generations to come.[/caption] “We established this program to give buyers peace of mind. Think of the Land Report Certified Community logo as CARFAX® for land,” says Land Report Publisher Eddie Lee Rider Jr. “It all involves the Great Recession. When the economy imploded, hundreds of developments went belly up, and a lot of toxic assets were created. Now that the economy is back on its feet, outstanding buying opportunities have emerged, ones that come along only once in a generation. The question is how do you tell the difference between a true opportunity and a potential lemon? These are the sorts of questions buyers are facing, and that’s what gave us the idea for the Land Report Certified Community.” “Are the amenities and the infrastructure completed or is the development half-baked? What about the homeowner’s association? Is it up and going, or does it exist in name only? And then of course there’s the developer. Do they have an established track record or are you dealing with some bottom feeder that bought a note and is trying to offload as many lots as quickly as they can?” he asks. “One thing is for sure,” Rider adds. “We know that the Patten family is in it for the long haul. They pioneered the resort community development and have completed projects in more than 40 states. [See The Land Report Summer 2009.] For decades, they’ve been the driving force behind topnotch mountain communities like Falling Waters. Their success has been chronicled in publications such as The Wall Street Journal, Fortune, and of course right here in The Land Report. Without a doubt, these guys are the best in the business. What am I saying? They created this business. And it shows.” Click here to download the PDF for this Land Report Certified Community.]]> 10275 0 0 0 https://landreport.com/2014/03/north-carolinas-eagles-nest/ Sat, 15 Mar 2014 07:00:05 +0000 https://www.landreport.com/?p=10285 No matter the season, mile-high views of the Blue Ridge Mountains never cease to amaze and inspire
those lucky enough to call Eagles Nest home.[/caption]

This five-star all-season camp has been designated North Carolina’s premier Land Report Certified Community.

Mike Patten knows land. More to the point, he and his family know the ins and outs of resort communities. For five decades, the Pattens have been recognized as an industry leader in the land development business. [See The Land Report Summer 2009.] Thanks to longtime partners Will and Mark Adkins of The Waterfront Group, Patten learned about Eagles Nest in North Carolina’s Blue Ridge Mountains. [caption id="attachment_10288" align="aligncenter" width="550"] More than $70 million was invested in the initial development and buildout of Eagles Nest.[/caption] “The setting is simply spectacular: mountaintop homes with hundred-mile views. Eagles Nest was designed to look and feel like a five-star all-season camp, and with more than $70 million in cash and loan proceeds already invested, it shows. It’s almost impossible to find amenities and infrastructure like this anywhere. Too bad the original developer didn’t have the best timing. When the economy tanked, the bank called the note. That’s when we stepped in,” Patten says. Greg Cox is one of the many original owners. He says he bought at Eagles Nest during the “pre-crash days.” It’s Cox’s way of referring to the time before the Great Recession when financial markets tanked and residential real estate values plummeted. [caption id="attachment_10290" align="aligncenter" width="550"] Many of the multi-million-dollar residences boast exquisite attention to detail.[/caption] Cox admits that he and his family are adventure junkies. It’s one of the many reasons why he held onto his $2.8 million Eagles Nest home even after the downturn. Before they bought at Eagles Nest, the Cox family regularly packed up and flew out to Colorado to get their open-space kicks on dirt bikes and anything with knobby tires. “Now we don’t waste two days traveling. I leave my house in Charlotte and arrive with plenty of time to get everything unloaded and still enjoy a day in the woods on four-wheelers, dirt bikes, or whatever. Between me and the other owners, I guarantee you there are more toys on that mountain than any place on the East Coast.” [caption id="attachment_10291" align="alignleft" width="300"] Stunning Blue Ridge Mountain views can be found at every corner.[/caption] But as the original developer slipped into bankruptcy, Cox and his neighbors feared the worst. Popular amenities such as the Great Camp, with its Teepee Village, volleyball court, and helipad, require year-round maintenance. Who would keep up the miles of paved roads and the motocross and ATV trails? That’s when The Patten Companies, in partnership with The Waterfront Group, stepped in and acquired the 1,300-acre resort community out of receivership. Cox, a 28-year veteran of the commercial real estate business, will be the first to say that he was concerned when he heard about the change of ownership. “Our first thought was, ‘Oh, man. Here we go.’ I mean what kind of commercial group would take on a project of this scope? We had big expensive lots at Eagles Nest, plenty of standing inventory, and no hope for someone who wanted to come in and make a quick buck,” Cox says. “I am glad to report that we couldn’t have been more wrong. The partners continue to invest time, money, and smart planning into this community, and we are thrilled by what they’ve done,” Cox says. [caption id="attachment_10292" align="aligncenter" width="550"] Nothing warms the night at the Teepee Village like a crackling fire.[/caption] This rebirth honors the original concept that inspired Eagles Nest without overlooking a key reality: today’s land buyers are operating in an economic climate that is vastly different from just a few years ago. It’s a welcome challenge for Mike Patten and his partners. “We set out to create new properties that not only offered some of the most usable acreage on the mountain, but we carefully placed each property to maximize the natural features around it. Whether it’s that amazing long-range view a family is looking for with the sound of a mountain creek nearby, or a luxury lodge to host family get-togethers with room to ride four-wheelers and dirt bikes on mountain trails, Eagles Nest has it all,” Will Adkins says. [caption id="attachment_10293" align="alignright" width="300"] One of the most popular amenities at Eagles Nest, the teepees can be booked overnight.[/caption] The response to the current ownership team has been more than just enthusiastic. “After we caught up on all of the deferred maintenance, we ended up selling more than 75 properties on our first release,” Patten says with a touch of pride in his voice. To date, more than 120 new families have recently purchased property at Eagles Nest. Price has been a major factor. Compared with the first wave of owners who bought prior to the Great Recession, current buyers are paying a fraction of the original pricing. In its first incarnation, lots at Eagles Nest ranged in price from $200,000 to more than $1 million. Today some of the best properties at Eagles Nest sell at up to 90 percent off original sales figures. Another key driver is location. Eagles Nest owners are just minutes from a dozen different golf courses. The Blue Ridge Parkway sits only a couple of miles from the resort’s front gate. And some of the best skiing in North Carolina is right next door. The surrounding forests offer some of the region’s best off-roading, horseback riding, hiking, and white-water rafting. And at the foot of the resort can be found the quaint mountain town of Banner Elk, home to numerous fine dining options and an award-winning winery. A final factor has stoked sales: timing. Although Eagles Nest offers a phenomenal opportunity to buy premium property at a substantial discount, the window of opportunity on this one is guaranteed to close all too soon. [caption id="attachment_10294" align="aligncenter" width="550"] Colorado? No, think again. Thanks to their mile-high setting, North Carolina’s Blue Ridge Mountains are an ideal four-season getaway.[/caption] That hasn’t stopped new amenities from coming online. Take, for instance, the Eagles Nest Fishing Club. Situated on the renowned Elk River just across from the main gate, the club offers owners 2,000 feet of access to some of the finest blue-ribbon trout waters on the East Coast. The club also boasts an on-site barn so anglers and their guests can tie off their lures or hang out with the kids. Best of all, the new partnership made the Fishing Club a reality after it acquired Eagles Nest. It’s one of countless investments the partners continue to make in the resort community and why it has been designated a Land Report Certified Community. “Think of the Land Report Certified Community logo as a CARFAX® for land,” says Land Report Publisher Eddie Lee Rider Jr. “We established this program to give land buyers peace of mind after the Great Recession. When the economy nosedived, hundreds of developments went belly up, and a lot of toxic assets were created. Now that the economy is back on its feet, outstanding buying opportunities have emerged, ones that come along only once in a generation. The question is how do you tell the difference between a true opportunity and a potential lemon? These are the sorts of questions buyers are asking, and that’s what gave us the idea for the Land Report Certified Community.” “Are the amenities and the infrastructure completed or is the development half-baked? What about the homeowner’s association? Is it up and going, or does it exist in name only? And then of course there’s the developer. Do they have an established track record or are you dealing with some bottom feeder that bought a note and is trying to offload as many lots as quickly as possible?” he asks. “One thing is for sure,” Rider adds. “We know that the Patten family and its partners are in it for the long haul. They pioneered the resort community development and have completed projects in more than 40 states. [See The Land Report Summer 2009.] For decades, they’ve been the driving force behind top-notch mountain communities like Eagles Nest. Their success has been chronicled in The Wall Street Journal, Fortune, and of course right here in The Land Report. These guys are the best in the business. What am I saying? They created this business. And it shows.” Click here to download a PDF of this Land Report Certified Community.]]> 10285 0 0 0 https://landreport.com/2014/03/west-virginias-retreat-on-white-mountain-rock/ Sat, 15 Mar 2014 07:00:58 +0000 https://www.landreport.com/?p=10296 Alexandria, Baltimore, Charlotte, Richmond, Washington, D.C. – property owners at The
Retreat hail from across the Eastern Seaboard and the South.[/caption]

Set high in the Allegheny Mountains, West Virginia’s premier Land Report Certified Community overlooks the world famous Greenbrier Resort.

Ask any single owner why The Retreat on White Rock Mountain is now their home away from home, and the answers are guaranteed to run the gamut: the quick convenient drive from Washington, Baltimore, and other major city centers, the long list of world-class amenities right next door at the renowned Greenbrier Resort, an endless number of outdoor activities, and, of course, the unbeatable buying opportunities created by the Great Recession. [caption id="attachment_10299" align="aligncenter" width="550"] It’s hard to imagine a more sublime setting this close to so many urban centers.[/caption] There is, however, one feature that everyone always mentions: the views. They are nothing short of spectacular. Perched atop a gorgeous ridge at the crest of the Allegheny Mountains, The Retreat looks down upon acre upon acre of lush forests including the beautiful Greenbrier Valley. Says John Patten, “The Retreat is not the kind of mountain setting that you visit once and then never come back again. Once you see this beautiful setting, you’re hooked. I sure was.” Patten should know. Almost 50 years ago, his grandfather Harry Patten pioneered the resort community concept. More recently, his father, Mike Patten, has enjoyed a similar level of success in the same field [See The Land Report Summer 2009.] John himself has scouted numerous tracts of land in dozens of states, and he sold his first parcel of land up the road near Martinsburg, West Virginia. [caption id="attachment_10300" align="aligncenter" width="550"] The four seasons come to life at The Retreat.[/caption] So it came as no surprise that he found himself drawn to The Retreat. “It was a sad situation. The original developer died of cancer, and, once the Great Recession hit and the market crashed, his partners couldn’t hold onto the development. That’s when it went back to the bank. But the truth is they had actually picked one of the prettiest spots in the mountains. On top of that, it’s so close to so many great places: the Greenbrier Resort, all sorts of state parks and forestland, and a great place called Lewisburg, which was voted America’s Coolest Small Town by Frommer’s Budget Travel Magazine,” he says. Not surprisingly, The Retreat languished under bank ownership. Maintenance was deferred. Promises weren’t kept. Existing owners grew more and more worried. The Pattens put an end to that in short order. [caption id="attachment_10301" align="alignright" width="300"] World-class shopping, fine dining, and golf are just
minutes away at The Greenbrier Resort.[/caption] Since acquiring The Retreat last fall, The Patten Companies and longtime partners Will and Mark Adkins at The Waterfront Group have dusted off the cobwebs by investing hundreds of thousands of dollars on much needed repairs to infrastructure and improvements. Many of these needed expenditures targeted hidden costs: upgrading the water system, clearing downed trees, opening up viewscapes where brush was overgrown. But there was one priority on everyone’s list: the Allegheny Lodge. Crafted of quarried rock and massive timbers, the multi-million-dollar structure has been a favorite gathering spot for owners since day one. “Our top priority was to get the Allegheny Lodge back up to snuff. It was a head-to-toe project,” says Will Adkins. “Everything from basic maintenance to major repairs, things like power-washing the decks, fixing the caulking, redoing the parking lot, and updating the infinity pool to make it more accessible for young mothers and other visitors. We had the guys put a 10-year stain on the logs. Then we bought new furniture, installed a big-screen TV, and finished it off with a new decor that has a Ralph Lauren rustic vibe,” he says. [caption id="attachment_10302" align="aligncenter" width="550"] Miles of trails and paths crisscross The Retreat.[/caption] Not surprisingly, this sort of TLC has been greeted with open arms, by the existing owners and by a flurry of new buyers. In 2005, Jim Purdon became one of the first to build a home at The Retreat. He and his family regularly take advantage of the Allegheny Lodge’s amenities –the infinity pool and the Jacuzzi, the spacious kitchen and patio –but a lot of times they show up simply to soak up the vistas. At the end of the day, that sort of solace brings the Purdons back to The Retreat from their D.C.-area home again and again. “Our original goal when we looked at The Retreat was to find peace and quiet and be comfortable. We sure found that,” Jim says. The family’s other home sits right in the flight path for Dulles International Airport. Their checklist included low-key luxury and a lot of peace and quiet. The Retreat offers all that … and more. “We feel safe on the mountain, and there are enough people floating around that it feels cozy. My wife loves to say that when we get on the road to drive to The Retreat, her blood pressure goes down by at least 20 points,” Jim says. [caption id="attachment_10303" align="alignleft" width="300"] Picturesque Lewisburg was voted “America’s
Coolest Small Town.”[/caption] As if the sweeping vistas of the many mountains and valleys aren’t enough, one of the popular activities at The Retreat is making tracks for The Greenbrier, a luxury resort that has been welcoming guests in high style since 1778. All told, The Greenbrier encompasses more than 10,000 acres of activities and amenities including four different golf courses, a championship tennis center with indoor and outdoor courts, a huge gaming and entertainment venue, and a variety of world-class restaurants. Now anyone, including residents of The Retreat, can pay for a $1,000-a-year social membership and get access to the shops and restaurants, including unlimited access to the award-winning Casino Club. The Greenbrier’s social membership also gets you deep discounts on amenities, including half off the green fees for all three of resort’s courses and a free daily fishing permit in Howard’s Creek Trout Reserve, an on-site catch and release stream. Another key driver is location. Owners at The Retreat are literally minutes away from mile after mile of improved hiking and biking trails in fabulous state parks and woody forests. Quaint towns are sprinkled throughout the Greenbrier Valley, including Lewisburg, which has a well-known literary festival in the summer. The town is full of boutiques and B&B-style inns. [caption id="attachment_10304" align="aligncenter" width="550"] The infinity edge pool is just one of the many amenities at the Lodge, which recently enjoyed a complete renovation.[/caption] Says John Patten, “The current owners are civil servants, intelligence officers, attorneys –great neighbors. They want this community to be as great as it was before the crash, and that’s why we got it designated as a Land Report Certified Community.” “Think of the Land Report Certified Community logo as a CARFAX® for land,” says Land Report Publisher Eddie Lee Rider Jr. “We established this program to give land buyers peace of mind after the Great Recession. When the economy nosedived, hundreds of developments went belly up. A lot of toxic assets were created. Now that the economy is back on its feet, outstanding buying opportunities have emerged, ones that come along only once in a generation. The question is how do you tell the difference between a true opportunity and a potential lemon? These are the sorts of questions buyers are facing, and that’s what gave us the idea for the Land Report Certified Community.” “Are the amenities and the infrastructure completed or is the development half-baked? What about the homeowner’s association? Is it up and going, or does it exist in name only? And then of course there’s the developer. Do they have an established track record or are you dealing with some bottom feeder that bought a note and is trying to offload as many lots as quickly as they can?” he asks. “One thing is for sure,” Rider adds. “We know that the Patten family and its partners are in it for the long haul. They pioneered the resort community development and have completed projects in more than 40 states. [See The Land Report Summer 2009.] For decades, they’ve been the driving force behind top-notch mountain communities like The Retreat. Their success has been chronicled in The Wall Street Journal, Fortune, and of course right here in The Land Report. These guys are the best in the business. What am I saying? They created this business. And it shows.” Click here to download a PDF of this Land Report Certified Community.]]> 10296 0 0 0 https://landreport.com/2015/10/land-report-featured-property-st-phillips-island-in-south-carolina/ Fri, 02 Oct 2015 07:00:17 +0000 https://www.landreport.com/?p=12285 By Jeremiah Jensen In 1979, Ted Turner purchased St. Phillips Island for its countless recreational opportunities. In the years that followed, Turner not only spent millions improving the historic sea island, but he also placed it under a conservation easement with The Nature Conservancy. St. Phillips is now entirely self-sufficient with a full solar power array and its own water supply. In 2014, Turner listed this gem for sale with Plantation Services. The reason? He felt this one-of-a-kind holding wasn’t getting the use it deserved. St. Phillips Island is a jewel, one whose vistas range from tidal marshlands to Atlantic beaches and maritime forests. Improvements include Ted’s personal 3,800-square-foot main house and a caretaker’s house. The conservation easement allows for up to ten more 4,000-square-foot residences to be built. The island is accessible only by boat, affording its guests access to a paradise virtually untouched by man. St. Phillips is a prime catch for the avid outdoorsman. The Port Royal and Saint Helena sounds form an estuary that supplies year-round black drum, flounder, redfish, and speckled sea trout fishing. Other species available on a seasonal basis include cobia, jack, ladyfish, and tarpon. Tidal shifts every six hours provide additional challenges for the ambitious angler. For the more adventurous who are looking to pick a fight, tiger sharks swim Port Royal Sound during the warmer months and offer the ultimate challenge. This 4,680-acre Private Sea Island on the Atlantic Coast is listed for $23.777 million. For more information, visit: www.plantationservicesinc.com or call (843) 958-0222. ]]> 12285 0 0 0 https://landreport.com/2015/10/land-report-featured-property-wildflower-woods-in-tennessee/ Wed, 07 Oct 2015 07:00:44 +0000 https://www.landreport.com/?p=12304 By Jeremiah Jensen The most amazing aspect to this one-of-a-kind recreational tract is its proximity to a major metropolitan area. Wildflower Woods is located just 27 miles from downtown Nashville and all that Music City has to offer. It is even more convenient to the thriving communities of Franklin and Leiper’s Fork. Both are situated just 12 miles from the front gate. Hunting, fishing, horseback riding, hiking, birding, water sports – the recreational activities on Wildflower Woods are limitless. A 12-acre lake serves as the focal point of the property. Bream, bluegill, catfish, and largemouth bass populate waterways. An impressive number of food plots sustain thriving deer and turkey populations. Most of the food plots have comfortable box stands already erected. Wildflower Woods also happens to be situated on a busy flyway; duck and geese are seasonal guests. Well-maintained trails crisscross the property and are ideal for hiking, biking, and trail rides. Three barns currently serve as stables. A total of five residences are in place. The largest is a 6,531- square-foot wood-and-stone main lodge. The rustic structure boasts six bedrooms and five and a half baths. Wraparound decks ring the three-story lodge and offer unimpeded water views. Wildflower Woods is listed with Elliott Davenport at Hall and Hall. The 1,715-acre farm is being offered in its entirety for $23 million. It is also being offered as three separate and naturally divisible tracts: 945± acres off Russell Road; 225± acres off Big East Fork Road: and 545± acres off Big East Fork Road. This 1,715-acre Recreational Tract near Nashville is listed for $23 million. For more information, visit: www.hallandhall.com or call (423) 364-2092. ]]> 12304 0 0 0 https://landreport.com/2015/10/land-report-featured-property-chemonie-plantation-in-florida/ Wed, 14 Oct 2015 07:00:45 +0000 https://www.landreport.com/?p=12339 By Jeremiah Jensen One of the most famous wild quail hunting plantations in the Red Hills of Northern Florida and Southern Georgia, Chemonie Plantation is on the market for the first time in a generation. Established in the 1830s, Chemonie was originally a cotton plantation. The iconic holding gradually evolved from cropland into a premier destination for wing shooters. Chemonie is situated in bird-rich Leon County. Under its current management program, hunters expect to move four to six coveys per hour. All are wild; none are pen raised. Although it is famous as a world-class quail hunting locale, Chemonie also supports wild turkey and whitetailed deer on its varied terrain. A 7,000-square-foot main house and adjacent dogtrot-style guest house overlook 30-acre Cody Lake. Lake Chemonie features walk-out duck blinds. Improvements also include kennels, stables, and staff housing. In addition to its significant appeal as a recreational property, Chemonie offers opportunities as a long-term investment. Because of its location in Leon County, Chemonie benefits from Florida’s lower property tax rates. Listing broker Jon Kohler believes that the land value of the plantation is slated to double because of the mounting demand for land in Leon County, which is home to Florida’s state capital. Chemonie is being offered with all improvements for $15.5 million. Alternatively, a buyer could acquire approximately 2,000 acres without improvements at market rates. This 2,410-acre Wild Quail Plantation in the Red Hills is listed for $15.5 million. For more information, visit www.jonkohler.com or call (850) 508-2999.]]> 12339 0 0 0 https://landreport.com/2015/10/land-report-featured-property-rivers-run-farm-in-mississippi/ Wed, 28 Oct 2015 07:00:53 +0000 https://www.landreport.com/?p=12368 By Jeremiah Jensen Will Primos’s Rivers Run Farm manifests the same attention to detail that goes into each of the game calls that bear his name. All aspects of the farm’s 2,863 acres are meticulously managed to maximize the hunting experience. The whitetail habitat has been enhanced to facilitate both bow hunting and gun hunting. In addition, there are 18 duck holes and an 11-acre stocked lake. Wasp Lake encircles Rivers Run in its cool embrace and provides recreational opportunities as well as privacy. Its waters hold ample populations of bass, catfish, and panfish. Thanks to Primos’ exacting wildlife management program, waterfowl, dove, and quail abound. Of note is the fact that all quail are wild. An added bonus is Rivers Run Farm’s offset hunting seasons. When most Western and Midwestern seasons are tailing off, the fun at Rivers Run is just getting under way. Peak hunting season on the farm occurs around mid-December and continues through New Year’s Day and into January. Several gross-scoring Boone and Crockett deer have been taken on Rivers Run in recent years. In addition to being a turnkey hunting operation of the highest caliber, Rivers Run is also a fully functional farm. Its well-watered fields are capable of producing a variety of commercial crops such as corn, wheat, and cotton. Six water wells guarantee an ample water supply. Rivers Run Farm is listed with Brad Farris at Whitetail Properties. Most recently, the farm produced $118,000 in annual income. All employees as well as farming and hunting equipment transfer with the sale. For more information about this 2,863-acre Deep South private hunting reserve in Mississippi, visit www.whitetailproperties.com or call (601) 506-1304. ]]> 12368 0 0 0 https://landreport.com/2015/12/land-reports-2015-gear-of-the-year/ Tue, 15 Dec 2015 07:00:27 +0000 https://www.landreport.com/?p=12522 The Magazine of the American Landowner set out to make life on your land more enjoyable, more productive, and more convenient. Here’s what we came up with. Produced by Daniel Reed Photography by Gustav Schmiege III HUNTER ORIGINAL TALL RAIN BOOTS us.hunterboots.com | From $150 Whether you’re in the barn or out in the woods, these classics walk the walk. Developed from designs based on a boot popularized by the Duke of Wellington, the Wellie is a mainstay of outdoor life. Today, the Original Rain Boot, handcrafted from 28 parts, is built on the original last for exceptional fit and comfort. Vulcanized rubber provides ample protection from the elements. Rain Boots are available in a rainbow of colors. — Daniel Reed   WOOD-MIZER LT40SH SAWMILL www.woodmizer.com | From $35,745 This mill has what it takes to be productive and profitable. Packed with high-performance features, it was designed for landowners who want to make money, not just chop up trees. Standard features on the LT40 Super include walk-along controls with auto-clutch, fast up-and-down head movement, and hydraulic log handling, which runs at twice the speed of the standard hydraulic mill. Automatic board return expedites off-bearing and increases overall productivity. The command control operator station puts all controls in one convenient box at the head of the mill. Log handling is virtually effortless thanks to its impressive hydraulics. High-output electric motors speed up carriage movement, and the cantilevered head/bed combination makes setup a snap. — Daniel Reed   MACKINAW FIELD CHRONO WATCH www.filson.com | From $850 Assembled by hand in Shinola’s state-of-the-art Detroit factory, this chronograph watch with date is built to withstand the demands of life in the field. Powered by Shinola’s Argonite movement, it has a brushed and polished stainless steel 43mm case. The scratch resistant sapphire crystal has an anti-reflective coating for glare reduction. — Daniel Reed   MT. PICKETT 20 www.paxispax.com | $249 I’ve got a closet full of camera bags. None of them can hold a candle to this one. It’s the best way to carry a camera for day trips that I’ve ever seen in shooting professionally these last 20 years. No other product offers visible access to your camera, or whatever else you’re carrying, without taking it off your back. – Gustav Schmiege       THE BURNIE GRILL www.burniegrill.com | $18.99 Large | $16.99 Medium Burnie’s ingenious construction is borrowed from the ancient Nordic technique for burning stumps. Cooking with this all-natural alderwood device is as easy as lighting a match. Simply place your Burnie on a charcoal grill, in a fire pit, or some other designated burning area. Then light the center fire starter. In about 20 minutes, you can start cooking – for well over an hour. Feel free to use a grill grate. And when you’re done, there’s no cleanup. Burnie burns itself out. That’s great for you – and your land. — Daniel Reed   2016 CHEVROLET TAHOE www.chevrolet.com | From $47,000 The fourth generation of this standout SUV had me at Head-Up Display. Keeping an eye on directions and monitoring potential speed traps is a breeze with this savvy feature. That and the stylish cockpit are about as close to Top Gun as this jet jockey will ever get. Bonus points for the seamless synching of my iPhone with Apple Carplay. As always, this rig is a joy to drive. No wonder so many landowners own one. Or two. Or however many. – Eric O’Keefe     2015 FORD F-150 PLATINUM www.ford.com | From $51,585 It’s the extra touches that make America’s best-selling pickup truck such a useful tool on your land. Take, for instance, the 110-volt/400-watt AC plug-in power outlets, which are conveniently placed throughout the vehicle. Same goes for the adaptive cruise control and collision warning with brake support, the dynamic hitch assist, the tailgate step with lift assist, and the flow-through center console, which is toolbox-size (and just as handy). – Eric O’Keefe]]> 12522 0 0 0 https://landreport.com/2016/02/cielo-vista-ranch/ Tue, 23 Feb 2016 07:00:04 +0000 https://www.landreport.com/?p=12760 Costilla County • Colorado

83,368 deeded acres • Listing Price: $105 million

[gallery link="file" size="full" ids="12717,12720,12718,12721,12722,12727,12719,12723,12725,12724,12726,12728,12729"] The 83,368-acre Cielo Vista Ranch is one of the largest, most pristine private properties in North America. Descriptions of Cielo Vista need not be laden with embellishments and hyperbole. This is, quite simply, an opportunity to own one of the most distinctive properties in the West. Dramatic snow-capped vistas not only form the backdrop of Cielo Vista, the peaks are indeed a part of the ranch itself. The top of the Sangre de Cristo range, including Culebra Peak (the highest privately-owned peak in the world) along with 18 peaks over 13,000 feet. Alpine terrain gives way to large stands of pine, spruce, fir, aspens, and meadows. The ranch is home to thousands of elk, and bighorn sheep roam the property's high country peaks and glacial basins. Over 100 miles of creeks in multiple drainages provide habitat for several species of trout, including pure strains of the Rio Grande cutthroat. Resplendent with its beautiful forest canopy, miles of creeks, imposing peaks and ridgelines, meadows and aspen groves, it is impossible to fully convey the grandeur of this property. Cielo Vista Ranch is aptly named, translated from the Spanish as "View of Heaven." Featuring

• Deeded ownership of Culebra Peak (14,053 feet) and 18 13,000+ foot peaks
• 83,368 deeded acres encompassing 4 life zones, from foothills, montane, subalpine to alpine
• Thousands of Elk
• Resident herd of Rocky Mountain Bighorn Sheep
• Eastern boundary is the crest of the Sangre de Cristo ridgeline for over 22 miles
• Over 100 miles of creeks harboring several species of trout including the indigenous and increasingly uncommon Rio Grande cutthroat
• Mature forest canopy covering 80% of the property (aspens, spruce, fir, ponderosa, mixed conifer with upland shrubs)

Downloadable Maps

• State Map
• Aerial Map
• Satellite Map
• Topographical Map
• Conservation Easement Map
• Map of Creeks
• Peaks Map

Listing Brokers: Jeff Hubbard and Pat Lancaster Mirr Ranch Group

]]> Colorado, Costilla County, San Luis 83,368 +/- deeded acres | Listing Price: $105 million

Presented by Mirr Ranch Group

]]> 12760 0 0 0 https://landreport.com/2016/01/2015-land-report-100-drummond-family/ Fri, 01 Jan 2016 07:00:09 +0000 https://www.landreport.com/?p=12869

No. 19 Drummond Family

433,000 acres The Drummonds helped write ranching history in Oklahoma, and there’s plenty of story left to tell. The patriarch emigrated from Scotland as a teen and married Kansas native Addie Gentner. All three of their sons became successful cattle ranchers, and their descendants manage hundreds of thousands of acres in Oklahoma and Kansas.]]> 12869 0 0 0 https://landreport.com/2016/04/crawford-l-bar-ranch/ Tue, 26 Apr 2016 16:14:01 +0000 https://www.landreport.com/?p=12888 Sandoval County, New Mexico

36,460 Deeded Acres | Listing Price: $585 per acre

[gallery size="full" ids="12913,12914,12915"] The Crawford L Bar Ranch is located approximately 40 air miles west of Albuquerque, New Mexico. The topography is dramatic with some of the most stunning 360° views to be found in the state. The terrain varies from high elevated mesas with steep fractured rock ledges to lower wide valley bottoms. Several massive volcanic cones protrude from the surrounding countryside, giving the ranch the perfect Land of Enchantment charm. Elevations range from 8,300 feet on the upper mesa country to 6,100 feet in the lower valley bottoms. Lower elevations of the ranch have scattered juniper cover, with oak, mountain mahogany, pinon, and an abundance of ponderosa pine in the higher elevations. The ranch is adequately watered by wells, earthen ponds, seasonal creeks and springs. The property is improved by a newly remodeled manager’s home, beautiful two-story lodge, shop-and-apartment building, barns, and livestock pens. The current ownership does not hunt the ranch, but in past years the property received approximately 30 bull elk rifle permits, 8 bull elk muzzleloader permits, 22 either sex archery permits and 56 cow elk permits. Other game species include mule deer, black bear, mountain lion, bobcat, barbary sheep, turkey and waterfowl. This outstanding ranch is priced to sell at $585 per acre.

Crawford L Bar Ranch offered by Chas S. Middleton & Son

]]> Listing Price: $585 per acre. Offered by Chas S. Middleton & Son]]> 12888 0 0 0 https://landreport.com/2016/04/pease-river-ranch/ Tue, 26 Apr 2016 07:00:11 +0000 https://www.landreport.com/?p=12905 Cottle County, Texas

3,095 Deeded Acres | Listing Price: $1,350 per acre

[gallery size="full" ids="12906,12907,12908"] This long-term family ownership ranch is located northwest of Paducah in the scenic Rolling Plains. The ranch is a combination of native pasture and cultivated. Approximately 634 acres are generally planted to small grains. These fields are a magnet for wildlife. The topography is rolling with scenic bluffs, wooded bottomlands and productive uplands. The centerpiece of the ranch is the live water Pease River. Brush cover includes mesquite, hackberry, cottonwood and oak. Some cedar is found along the ridges and more broken areas. The ranch is well watered by the river, springs, dirt tanks and water wells. This is a great combination hunting and cattle ranch priced at $1,350 per acre.

Pease River Ranch offered by Chas S. Middleton & Son

]]> Cottle County, Texas 3,095 Deeded Acres | Listing Price: $1,350 per acre

Offered by Chas S. Middleton & Son

]]> 12905 0 0 0 https://landreport.com/2016/04/ford-ranch/ Tue, 26 Apr 2016 07:00:49 +0000 https://www.landreport.com/?p=12960 McCulloch, Menard, and Concho Counties, Texas

31,789 Acres | Listing Price: $60,000,000,

[gallery size="full" ids="12961"]

Under the same ownership since 1902, the Ford Ranch is now, for the first time, offered for sale. The property is located in the geographical center of Texas. The terrain of the Ford Ranch varies from fertile bottomlands to gently rolling hills and uplands. The ranch has a good mixture of palatable native grasses and approximately 1,200 acres are in improved pasture. The ranch has a scattered to fairly dense canopy of live oak, mesquite and other brush varieties. Overall, the ranch has a great blend of fairly open country transitioning to areas of moderate to dense cover, offering outstanding habitat for wildlife, but still maintaining quality grass cover for the extensive livestock ranching operation. The ranch has historically been operated as a 1,000 to 1,200 animal unit ranch. The ranch is extremely well watered by wells, waterlines and many earthen ponds. The hunting is amazing, with outstanding whitetail and axis deer, turkey, quail, dove and waterfowl. This ranch is realistically priced at $60,000,000, or approximately $1,885 per acre.

Ford Ranch offered by Chas S. Middleton & Son

]]> 12960 0 0 0 https://landreport.com/2016/05/2016-land-report-vistas-issue/ Sun, 01 May 2016 07:00:04 +0000 https://www.landreport.com/?p=13019 Welcome to the inaugural issue of Land Report Vistas, a digitial showcase of today’s most exciting listings brought to you by The Land Report. This fully interactive, digital platform offers readers the opportunity to watch amazing video content on specific properties, view photo galleries of the listings, and email brokers directly. Thanks to our exclusive mapping-technology partner MapRight, it is even possible to pinpoint property lines and key features to create impressive maps.]]> 13019 0 0 0 https://landreport.com/2016/05/top-40-land-listings-available-today/ Thu, 12 May 2016 07:00:48 +0000 https://www.landreport.com/?p=13023 Welcome to the inaugural issue of Land Report Vistas, a digital showcase of today’s most exciting listings brought to you by The Land Report. This fully interactive, digital platform offers readers the opportunity to watch amazing video content on specific properties, view photo galleries of the listings, and email brokers directly. Thanks to our exclusive mapping-technology partner MapRight, it is even possible to pinpoint property lines and key features to create impressive maps. I’m quite confident that you will be impressed with Land Report Vistas. Enjoy! Eddie Lee Rider Founder & Publisher]]> 13023 0 0 0 https://landreport.com/2016/05/essentials-serious-gear-for-serious-work/ Wed, 18 May 2016 07:00:10 +0000 https://www.landreport.com/?p=13030 In 1875, Captain King acquired four 12-pound naval boat howitzers. They still stand guard at Santa Gertrudis. Two are rifled Dahlgrens, and two are smoothbore Ames.[/caption] Photography by Wyman Meinzer These cannon are not props. They’re the real deal. More than a century ago, Captain King situated them at the Main House on King Ranch to defend against raiders crossing the Wild Horse Desert. Below you will find more of the same: tools hefted by honest hands on the land. That is how each came to be this editor’s choice. – Eric O’Keefe

Brands of Distinction

Drive along any of King Ranch’s thousands of miles of roads and odds are you’ll soon see a Ford Super Duty F-250 King Ranch on the job. Why? Because America’s best-selling pickup truck found the perfect partner in this South Texas legend. [www.ford.com | From $50,825]

Double-Edged Sword

Buddy Gonzalez has long been a fan of Moore Maker knives. He likes the Trapper’s two-blade construction. “I use the rounded blade for all-around work: cutting rope, opening boxes, things like that.” He keeps the pointed blade, which he uses on leather goods, razor sharp. [www.mooremaker.com | From $42]

King of Cool

Groceries, pop, adult beverages? Think again. When it comes time to work calves, vital antibiotics and other medications are kept out of harm’s way in YETI’s kick-proof Tundra cooler, which locks out heat and seals in cold. [www.yeti.com | From $300]

Sweat Shirt

There’s only one outfitter that has an 825,000-acre R&D lab: King Ranch Saddle Shop. The result? Classics like this 100 percent cotton shirt, which has been field tested again and again and again. [www.krsaddleshop.com | From $60]]]> 13030 0 0 0 https://landreport.com/2016/05/gear-ford-super-duty-f-250-king-ranch/ Wed, 25 May 2016 07:00:13 +0000 https://www.landreport.com/?p=13238 Drive along any of King Ranch’s thousands of miles of roads and odds are you’ll soon see a Ford Super Duty F-250 King Ranch on the job. Why? Because America’s best-selling pickup truck found the perfect partner in this South Texas legend. [www.ford.com | From $50,825]]]> 13238 0 0 0 https://landreport.com/2016/06/gear-moore-maker-knives/ Wed, 01 Jun 2016 07:00:18 +0000 https://www.landreport.com/?p=13240 Buddy Gonzalez has long been a fan of Moore Maker knives. He likes the Trapper’s two-blade construction. “I use the rounded blade for all-around work: cutting rope, opening boxes, things like that.” He keeps the pointed blade, which he uses on leather goods, razor sharp. [www.mooremaker.com | From $42]]]> 13240 0 0 0 https://landreport.com/2016/06/gear-sweat-shirt-king-ranch/ Wed, 15 Jun 2016 07:00:08 +0000 https://www.landreport.com/?p=13244 There’s only one outfitter that has an 825,000-acre R&D lab: King Ranch Saddle Shop. The result? Classics like this 100 percent cotton shirt, which has been field tested again and again and again. [www.krsaddleshop.com | From $60]]]> 13244 0 0 0 https://landreport.com/2016/06/trinity-forest/ Mon, 27 Jun 2016 07:00:54 +0000 https://www.landreport.com/?p=13129 Trinity County, Texas

PRICE REDUCED 9,753 Acres | Listing Price: $2,995 per Acre

[gallery size="full" ids="13130,13132,13133,13134,13135,13136,13137,13138,13139"]   Trinity Forest is a historic and intensively managed forestry property with healthy varying ages of pine plantations and intermittent stream-side management zones (SMZs) along creek drains. Excellent public road frontage and access with excellent internal road system for forestry operations and recreation. Well located for access to forest product mills ensuring top prices.

Trinity Forest offered by Homeland Properties, Inc.

]]> Trinity County, Texas
PRICE REDUCED
9,753 ± Acres | Listing Price: $2,995 per Acre

Offered by Homeland Properties, Inc.

]]> 13129 0 0 0 https://landreport.com/2016/07/yellowstone-ranch-preserve/ Tue, 05 Jul 2016 07:00:56 +0000 https://www.landreport.com/?p=13157 West Yellowstone, Montana

753 Acres | Listing Price: $19,500,000

[gallery size="full" ids="13159,13160,13161,13162,13163,13164,13165,13166,13167,13168,13169,13170,13171,13172,13173,13174,13175,13176,13177,13178,13179,13180,13181,13182,13183,13184,13185,13186,13187,13188,13189,13190,13191,13192,13193,13194"] Waterfront conservation property near Yellowstone National Park Yellowstone Ranch Preserve is a one of a kind property located within 2 miles of Yellowstone National Park, on over a mile of Hebgen Lake shoreline.  As part of the Yellowstone ecosystem, the gently rolling slopes lined with Douglas Fir and Aspens are home to several wildlife species, including serving as a calving ground for Bison.  Over 750 acres are held in a conservation easement by Gallatin Valley Land Trust (gvlt.org) to protect this special property for generations to come. The natural wonders and modern day accommodations blend in harmony, with the charming Whiskey Jug cabin situated on the southern hillside and newly constructed marina on the lake. Opportunity exists for additional homesites and amenities, while maintaining the conservation easement.  It is hard to imagine that a place such as this still exists: blue ribbon trout fishing, abundant wildlife, boating, Nordic skiing, hiking, biking and a canvas to create your own legacy.

Yellowstone Ranch Preserve offered by L&K Real Estate.

]]> West Yellowstone, Montana 753 ± Acres | Listing Price: $19,500,000

Offered by L&K Real Estate

]]> 13157 0 0 0 ]]> https://landreport.com/2016/07/2016-land-report-vistas/ Thu, 21 Jul 2016 18:38:14 +0000 https://www.landreport.com/?p=13248 Welcome to the second issue of Land Report Vistas, a digital showcase of today’s most exciting listings brought to you by The Land Report. This fully interactive, digital platform offers readers the opportunity to watch amazing video content on specific properties, view photo galleries of the listings, and email brokers directly. Thanks to our exclusive mapping-technology partner MapRight, it is even possible to pinpoint property lines and key features to create impressive maps. I’m quite confident that you will be impressed with Land Report Vistas. Enjoy! Eddie Lee Rider Founder & Publisher]]> 13248 0 0 0 https://landreport.com/2016/08/essentials-serious-gear-for-serious-work-2/ Mon, 15 Aug 2016 07:00:29 +0000 https://www.landreport.com/?p=13294

One of the best things about the best bird hunters is that they know what works. Not only have they spent decades walking the walk in every imaginable condition, but they always keep an eye on their buddies’ gear. Not that they’d ever admit it. But we will. – Eric O’Keefe

Photography by Russell Graves Wing Man Pete Delkus shoulders his Beretta Silver Pigeon III over-and-under in the field. www.beretta.com | From $3,450 MasterPiece Rick Pope bought this Francotte 20 gauge from Collectors Covey founder Bubba Wood in the early 1980s. His next step? I put a sidelock on it and turned it into a redneck birdgun,” he says. www.collectorscovey.com | (800) 521-2403 In the Box Top-tier hunting operations such as the Mesa Vista routinely rely on Jones Trailer Company for bird dog boxes. Available in standard configurations or custom boxes such as this 10-dog rig. www.jonestrailers.com | From $1,995 High Tail Look after your dogs’ health and their well-being with Lewis Bright-Sight Tail Protectors. www.gundogsupply.com | $23.95 (3-pack) Brown Baggin’ It Filson manufactures several field bags, but not Rick Pope’s. At least not anymore. He bought this classic oilcloth model “about 30 years ago.” Chokes, shells, spare gloves, spare glasses – that’s the sort of gear Rick totes around. www.filson.com | From $182]]> 13294 0 0 0 https://landreport.com/2016/08/for-sale-jasper-county-plantation/ Wed, 31 Aug 2016 07:00:28 +0000 https://www.landreport.com/?p=13333

Chelsea Plantation Comes to Market for $32.775 Million

The Wall Street Journal reports the listing of the Jasper County plantation owned by the heirs of the Marshall Field family and the Doubleday family. Located between Charleston and Savannah, 5,892-acre Chelsea Plantation was established in the early 1800s and evolved into a hunting ground complete with duck ponds, a dove field, and quail courses. In 1937, it was acquired by Marshall Field III from the Chelsea Hunting Club. Field commissioned Albert Simons and Samuel Lapham of Charleston to design a 7,700-square-foot main house with six bedrooms on a peninsula at the end of a long oak-lined drive. Nelson Doubleday Jr. bought a 43.75% share in the plantation in 1994 and built a 3,300-square-foot, three-bedroom house. His death last year led to the listing of the property, which also includes a manager’s house, eight workmen’s houses, stables, a farm office, and equipment sheds. Of note is that the 43.75% Doubleday interest might also be available separately. Chip Hall of Plantation Services has the listing. Click here to read more.]]> 13333 0 0 0 https://landreport.com/2016/09/gear-beretta-silver-pigeon/ Fri, 02 Sep 2016 07:00:19 +0000 https://www.landreport.com/?p=13341 Pete Delkus shoulders his Beretta Silver Pigeon III over-and-under in the field. [www.beretta.com | From $3,450 ]]]> 13341 0 0 0 https://landreport.com/2016/09/gear-francotte-20-gauge/ Mon, 12 Sep 2016 07:00:00 +0000 https://www.landreport.com/?p=13359 Rick Pope bought this Francotte 20 gauge from Collectors Covey founder Bubba Wood in the early 1980s. His next step? I put a sidelock on it and turned it into a redneck birdgun,” he says.]]> 13359 0 0 0 https://landreport.com/2016/09/in-the-box/ Mon, 19 Sep 2016 07:00:04 +0000 https://www.landreport.com/?p=13381 Top-tier hunting operations such as the Mesa Vista routinely rely on Jones Trailer Company for bird dog boxes. Available in standard configurations or custom boxes such as this 10-dog rig. [www.jonestrailers.com | From $1,995]]]> 13381 0 0 0 https://landreport.com/2016/09/high-tail/ Mon, 26 Sep 2016 07:00:45 +0000 https://www.landreport.com/?p=13410 Look after your dogs’ health and their well-being with Lewis Bright-Sight Tail Protectors. [www.gundogsupply.com | $23.95 (3-pack)]]]> 13410 0 0 0 https://landreport.com/2016/10/brown-baggin-it/ Mon, 03 Oct 2016 07:00:20 +0000 https://www.landreport.com/?p=13425 Filson manufactures several field bags, but not Rick Pope’s. At least not anymore. He bought this classic oilcloth model “about 30 years ago.” Chokes, shells, spare gloves, spare glasses – that’s the sort of gear Rick totes around. [www.filson.com | From $182]]]> 13425 0 0 0 https://landreport.com/2017/01/essentials-serious-gear-for-serious-work-3/ Mon, 16 Jan 2017 07:00:37 +0000 https://www.landreport.com/?p=13681 BEAUTY IS IN THE EYES OF THE BEHOLDER: To the uninitiated, this trunk is full of stuff. To the aficionado, however, it is a gearhead’s dream come true.[/caption]

Who better than our friends at Orvis to give us an update on the latest and greatest sporting gear.

Photography by Gustav Schmiege III Produced by Angela Caron

Lethal Weapon

“If you could do anything you wanted to customize a fly rod, what would you do?” That question was the genesis of this masterpiece, which Orvis created with a group of top guides and rod designers. No flash, no shine – this baby is blacked out with matte black finish, black guides, and black hardware SPECIAL EDITION HELIOS 2 COVERT ROD | From $850 P.S. The newest reel from Orvis delivers a 12 percent increase in line retrieval rate with a narrow spool for less line stacking. HYDRO SL FLY REEL | From $198

Old School

Who’d have thought a classic gimme cap could make someone so happy. Actually, Jackie Kutzer (center) is about to partake in the blast part of our cast-and-blast photo shoot, and so are her husband Peter (left) and Charley Perkins (right). Her cap’s cotton-twill front sports a vintage-inspired patch. One size fits most (but not our photographer’s melon). Her midweight shooting shirt is hidden beneath her husband’s bear hug. Peter donned a mesh-backed blaze hat, a cool cotton shooting shirt, and a pair of uplander shooting gloves. Charley’s glasses use technology developed by NASA's Jet Propulsion Lab. Retro Orvis Ballcap | $25 Women’s Midweight Shooting Shirt | $79 Mesh-Backed Blaze Hat | $19.50 Long-Sleeve Cotton Featherweight Shooting Shirt | $69 Uplander Shooting Gloves | $79 Avian Orange Shooting Glasses | $89

One Size Does Not Fit All

Finally! Chest waders actually designed for women. These convertible-top waders feature durable 4-layer nylon outer fabric construction, patented Orvis SonicSeam technology, and anatomically correct neoprene booties with rubberized lining. Women’s Silver Sonic Convertible-Top Waders | $279 Woodland-Camo Seedpack Ball Cap | $29 Misty Morning Western Flannel Shirt | $89 Waterproof Hip Pack | $219

Knot!

When that old largemouth bass chomps on your hopper, you can finish the fight without fear of breakage. The knotted strength of SuperStrong is higher than any other nylon material, which is why it’s the all-around freshwater leader material. Available in 30-meter and 100-meter spools. SuperStrong Plus Tippet | $4.95 – $11.95]]> 13681 0 0 0 https://landreport.com/2017/03/2016-gear-of-the-year/ Tue, 14 Mar 2017 07:00:02 +0000 https://www.landreport.com/?p=13770 Great rides, great threads, great gear – The Magazine of the American Landowner gives you the lowdown on the new and improved as well as the tried and true. Photography by Gustav Schmiege III | Produced by Angela Caron | Automotive by Sue Mead

Roughing It

Mike Patten and daughter Emily kick back in the shade of a sublime Airstream (pictured above). Think glamping in a Benz. This VIP coach rides on a heavy-duty, clean-diesel Sprinter platform and boasts great fuel economy and driving range. Our favorite features? For her: adjustable LED interior lighting, drawer microwave, and the Kenwood multimedia system. For him: car-like handling, rear backup camera, and the hidden trailer hitch. 2016 Airstream Interstate Grand Tour EXT www.airstream.com | From $156,611

A Man For All Seasons

Charley Perkins just might know a thing or two about wingshooting. For the last 50 years, his family has shepherded Orvis, a signature brand of the American outdoors. That’s one of the many reasons he looks so at home in this great gear. Charley’s Midweight Shooting Shirt has the soft, easy feel of cotton plus performance qualities needed to withstand wear and tear out in the field. The fabric is a washable blend of cotton reinforced with polyester. The result is a great all-around shooting shirt for any weather. $89 Naturally, his Bent Rod Waxed Trucker Cap features a classic Orvis logo. It has a waxed-cotton front with mesh trucker back panels. One size fits most. $35 These Avian Orange Shooting Glasses feature a lens coating that mimics the mechanics of hawks’ eyes. Blue-light filtering makes targets stand out for outstanding vision enhancement. They also boost depth and distance vision in distracting outdoor conditions. Adjustable nose pads, soft temple tips, and flexible frame ensure a snug fit. In orange/black. $89 Featherweight Kangaroo Upland Boots feel snug from the very first because they stretch 20 percent right away. Then, in a couple of days, they conform to the shape of your foot. Waterproof and breathable, they are 60 percent stronger than cowhide. $395 All items available at www.orvis.com.  

Get to Your Happy Place Fast!

We were wowed: The newest Honda side-by-side is as much fun fully loaded as it is driving solo. It features industry-leading power with sport and turf modes, 2WD, 4WD high and low, locking and limited-slip differentials, and manual paddle shifters. Engineered for utility, it can haul 1,000 and tow 2,000 pounds, with deepwater fording ability. The back features QuickFlip convertible seats. No tools are needed to convert for cargo carrying; a dump-bed lever is easily accessible from the outside or the front seat. Standard LEDs on Deluxe model, plus All-Weather, Trail, Hunting, Work, Protection, and Custom packages, and 70 individual accessories like roofs and tops, windshields and doors, winches, snow plows, and heater. 2016 Honda Pioneer 1000-5 powersports.honda.com | From $17,199 Go rogue! Engineered for go-anywhere wheelin’ with big tractor tires that leave an eco-friendly footprint, this Rokon is powered by a single-cylinder, four-stroke engine with 7 horsepower. Don’t let its size fool you; full-time front- and rear-wheel drive meld with stump-pulling torque to let you tow up to 2,000 pounds and climb a 60 percent grade. Vetted by the U.S. armed forces, Forest Service rangers, and fish and game personnel, it’s perfect for landowners who work in smooth terrain or on mud, snow, or sand. Available accessories include tow bars, saddle bags, log skidders, and side cars. 2017 Rokon Trail-Breaker www.rokon.com | From $7,575

Beastly Beauty

This beaut comes sized XL to XXL with massive torque under its belly and an aluminum alloy body that’s even more ding and dent resistant. Stephen Hawking would be enamored with the Super Duty’s data bank of information on performance. How about individualized stats for up to 10 trailers at your fingertips? Bigger cabins and beds plus creature comforts and creatively crafted stowage make the Super Duty a lockbox for laptops, guns, and gear. The Kobe beef? Seven cameras ensure hooking up with a gooseneck or your fifth wheel. Trailer reverse, jackknife warning, and straight line backup dial in expertise with a Game Boy-like wheeled icon. 2017 Ford F-350 Platinum www.ford.com/trucks | From $61,775

Privilege & Panache

Forget about writing your life story. Get an SVAutobiography instead. Posh innards, supercharged power, and Star Wars tech keep you and your passengers entertained, connected, and coddled in a cabin beset with high-grade hides, mohair carpet, deployable tables, and a “chiller compartment” for the bubbly. This 4WD SUV, with impeccably poised motoring manners, whisks along roadways like a Boeing Dreamliner. Enjoy panoramic vistas or scoot the full-length power blind for shade. Looking to add your own touches? A cadre of sophisticated as well as practical accessories lets you personalize the inner sanctuary for tougher forays or beguiling getaways. 2016 Range Rover SVAutobiography LWB www.landrover.com | From $199,495

Built to Last

This limited-edition fillet knife features a Hawaiian mesquite wood handle and a full tang blade, and is finished with brass Corby screws. Six-Inch Long Fillet Knife www.filson.com | $350 Not many go-cups make a statement. This standout from the King Ranch Saddle Shop does! GameGuard Dipped Yeti with Blazing Running W www.krsaddleshop.com | $80 Sourced from North American hides and tanned in the States, this durable belt is more likely to be outgrown than to wear out. Bridle Leather Belt www.filson.com | $85.50

Tools of the Trade

Anton Cergol hand forges tools at his Milwaukee ironworks, including this rugged hatchet with a genuine American hickory handle. We nabbed ours at the Filson shop in Dallas. Cergol Hatchet www.cergolforge.com | $365 You can pick up Lodge Cast Iron cookware just about everywhere. Odds are it won’t look as good as these skillets, which see plenty of action courtesy of the Fire Roasted Catering team. Lodge 12-Inch Cast Iron Skillet www.lodgemfg.com | $37

Sitting Pretty

Take the classic Adirondack chair. Add whiskey. Or to be more precise, Templeton Rye Whiskey barrel staves. Sit back. Sip. Reload. Adirondack Chair www.schoeppnerdesigns.com | $495]]> 13770 0 0 0 https://landreport.com/2017/05/essentials-serious-gear-for-serious-work-the-reserve/ Wed, 17 May 2017 07:00:12 +0000 https://www.landreport.com/?p=13935

Grand Entrance

Texas tough meets Old World elegance as The Land Report team arrives at the Reserve’s 65,000-square-foot Main Lodge in a 2017 F-250 Lariat Super Duty. Built for the great wide open but finished with a host of extras, the F-250 felt right at home at the sophisticated headquarters. www.ford.com | $70,875 as shown

On Target

A stylish blend of genuine leather and cooling mesh, this Two-Tone Clays Vest has you covered at the Reserve’s world-class gun range. Shooting Director Mike Mize is a Level III certified instructor. www.berettausa.com | $95

Top Chef

Chef Michael Gibson learned how to break down a whole hog at Lucia, one of Dallas’s top kitchens. Today, the Air Force veteran prepares his own charcuterie for guests at the Reserve from Red Wattles he raises himself. Chef Mike’s toolkit includes this Yoshihiro Cutlery NSW Hammered Damascus Usuba Knife with magnolia handle and water buffalo horn bolster. www.amazon.com | $149.99

Early Bird

Director of Wildlife Operations Michael Woodall monitors the Reserve’s two well-stocked bass lakes in this Ranger RT188. www.rangeraluminum.com | From $15,995]]> 13935 0 0 0 https://landreport.com/2017/05/gear-chippewa-boots/ Wed, 31 May 2017 07:00:01 +0000 https://www.landreport.com/?p=14013 We can't decide what we like more about these Chippewas: built-to-last featured like the Goodyear storm welt and Vibram lug sole or their downright curb appeal. www.chippewaboots.com | $300]]> 14013 0 0 0 https://landreport.com/2017/06/2016-land-report-100-drummond-family/ Fri, 23 Jun 2017 07:00:27 +0000 https://www.landreport.com/?p=14108

No. 23 Drummond Family

433,000 acres In 2015, Drummond Land & Cattle Co. was inducted into the Sooner State’s Quarter Horse Hall of Fame. The family helped write ranching history in Oklahoma. Clan patriarch Frederick Drummond (1864—1913) emigrated from Scotland and married Kansas native Addie Gentner. All three of their sons became successful cattle ranchers, and their descendants oversee hundreds of thousands of acres in Oklahoma and Kansas.]]> 14108 0 0 0 https://landreport.com/2017/08/2017-land-report-vistas-issue/ Wed, 30 Aug 2017 07:00:02 +0000 https://www.landreport.com/?p=14294

Welcome to the 2017 Land Report Vistas, a digital showcase of America’s top land listings brought to you by The Land Report.

A fully interactive, digital platform, Land Report Vistas provides prospective buyers with a unique opportunity to view amazing video content on specific properties, view photo galleries of the listings, and email listing brokers directly.

View Land Report Vistas »

]]> 14294 0 0 0 https://landreport.com/2017/09/for-sale-colorados-nottingham-ranch-lists-for-100-million/ Mon, 11 Sep 2017 08:29:32 +0000 https://www.landreport.com/?p=14309 Ed Swinford and Brent Rimel of Slifer Smith & Frampton have the listing on the landmark Eagle County property, which straddles the Colorado River west of Vail and south of Steamboat Springs. The Nottingham carries 1,200 cow-calf pairs on 19,493 deeded acres and has grazing rights on 50,000 acres of federal lands. It produces 3,500 tons of hay annually on 1,200 acres of irrigated pasture. An additional 2,000 acres are under flood irrigation. A private outfitter runs the substantial hunting operation. The sale includes all livestock, equipment, residences, and leases. The Denver Post reported the listing on July 15.]]> 14309 0 0 0 https://landreport.com/2017/09/voices-tom-margo/ Fri, 01 Sep 2017 07:00:08 +0000 https://www.landreport.com/?p=14340

By Eddie Lee Rider Jr.

[caption id="attachment_14342" align="alignright" width="168"] Tom Margo, VP/ Director of Investment and Real Estate Services with American Forest Management[/caption] Not long ago, I sat down with my personal friend and longtime supporter of The Land Report, Tom Margo, VP/ Director of Investment and Real Estate Services with American Forest Management, for a chat.   ELR: Tom, AFM is a bedrock in the land industry. For the few who don’t know, give our readers a brief history of the company. You’ve been around for over 50 years. TM: We started out in 1966, when Bartow “Bo” Shaw formed Bartow Shaw and Associates to provide consulting services for private forestland owners. A few years later, Bo added two more partners to form Shaw, McLeod and Belser. Over the next 30 years, in a strategic effort to expand land management and real estate services, the company expanded through organic growth and acquisitions of companies that included the Hurlbutt firm, Canal Forest Resources, Sustainable Forest Technologies, and International Forestry Consultants. Today, American Forest Management has over 270 employees, located in 45 offices operating in the Pacific Northwest, Lake States, New England, and throughout the Appalachian and Southern regions of the US. Recently, we have become very active in Latin America on due diligence projects and plantation management in Central America. ELR: Tell our folks about your depth of services, including the real estate side. TM: American Forest Management is a full-service forestry consulting and land brokerage firm. We are all about the land. This is our only business. We manage over 6 million acres of land for institutional investors and private landowners. Our services include land management, harvesting and reforestation, inventory, arboriculture, recreational and land lease management, large-scale disposition and acquisition projects, appraisals, accounting, technical services, and real estate services. Our real estate team’s primary focus is on land — they are land specialists. We work with all types of landowners — timberland, farm, recreational, conservation development, and high-end plantation property owners — to assist them with their acquisition or disposition needs. We have offices across the country, so our real estate professionals have a deep understanding of local trends and opportunities and their effects on property values. Our land sale projects have ranged in size from less than one acre to 300,000 acres, with numerous projects involving single-tract and bundled-tract sales. What makes American Forest Management’s real estate services unique is our brokers are supported and have full access to AFM’s various service groups. This includes our foresters, appraisers, mapping specialists, wildlife biologists, data analysts, environmental managers, and marketing professionals, together creating a team approach that works very well in producing a professional marketing plan uniquely designed to meet our clients' objectives. ELR: Is there a current listing or two you would like to highlight for our audience? TM: We have a tremendous opportunity in Hood Uplands, a fantastic listing in Hood River County, Oregon. It is 1,891± acres, and Land Report readers can view details at: https://americanforestmanagement.com/real-estate/properties/ hood-uplands/1351 ]]> 14340 0 0 0 https://landreport.com/2017/10/gear-stihl-farm-boss/ Thu, 19 Oct 2017 07:00:47 +0000 https://www.landreport.com/?p=14427 The Farm Boss's antivibration system will help you float like a butterfly and sting like a bee. STIHL MS271 | www.stihlusa.com | $440]]> 14427 0 0 0 https://landreport.com/2017/10/voices-shawn-terrel/ Sun, 01 Oct 2017 07:00:32 +0000 https://www.landreport.com/?p=14653 By Eddie Lee Rider, Jr. United Country Real Estate is a national leader in the real estate industry. The company was founded in 1925 and is headquartered in Kansas City, Missouri. The company has nearly 500 offices with over 5,000 real estate professionals in its network. I recently had an opportunity to speak with the company’s new auction division president, Shawn Terrel. ELR: You are a 25-year veteran of the auction industry and were previously executive vice president of United Country’s auction division. Tell us more about your background and various expertises. ST: I’m originally from Northwest Oklahoma and currently reside in Kansas City, Missouri. My professional background is primarily in the rural farm and agriculture industry as an auctioneer. I have an intimate knowledge of crop production, livestock, and equipment operations and disposition strategies. ELR: United Country operates coast to coast with a multitude of priorities. Tell us about your focus. ST: United Country Real Estate is uniquely positioned and focused on different property markets such as timberland, cropland, ranchland, and waterfront properties throughout the United States. As you might imagine, high-yield crop production areas such as the Corn Belt region in the Midwest are absolutely of interest to us. ELR: A substantial number of our readers have timberland investments. Tell us about your timber division. ST: United Country has strategically focused our resources in the timber industry for over 90 years. We’ve aligned ourselves with some of the nation’s leading forestry and production timberland subject matter experts to successfully valuate and market timber properties throughout the country. ELR: I am sure you have a “best in class” listing you would like to single out. Please share those details. ST: We have a 319-acre luxury estate overlooking Lake Oroville in California that’s really exceptional. It’s only an hour from Sacramento and has amazing views of the middle fork of the lake. It’s really a serene setting with rolling hillsides, wildflowers, quartz veins, pines, and oaks, plus a 4-bedroom, 5-bath home. It’s also just up the road from a proposed worldclass golf course development. For a buyer looking to purchase a private retreat or develop a winery or distillery, this property is truly ideal.]]> 14653 0 0 0 https://landreport.com/2017/10/gran-quivira-ranch/ Fri, 20 Oct 2017 07:00:06 +0000 https://www.landreport.com/?p=14437 Mountainair, New Mexico

19,160 Acres | Listing Price: $8,870,000

[gallery size="large" ids="14466,14438,14439,14440,14441,14442,14443,14444,14445,14446,14447,14448,14449,14450,14451,14452,14453,14454,14455,14456,14457,14458,14459,14460,14461,14462,14463,14464,14465,14467"] Gran Quivira Ranch map Gran Quivira Ranch Brochure STRUCTURES/FEATURES:

• Remodeled Residence
• Bunkhouse, Workshop, Barn
• Horse Stable, Chicken Coop
• Solar and Electric Wells
• Remarkable Hunting

Operate this productive Central New Mexico ranch year-round Deeded cattle ranch in Torrance County, New Mexico is packed full of amenities including renovated main home, bunkhouse, shop, workshop, pens, barn, horse stables, chicken coop and feed/tack storage. Ranch also contains eight wells, windmills, drinkers and an underground pipeline for wells, drinkers and storage tanks. The Gran Quivira Ranch and its 17,920 acres of deeded land are easily accessible with paved highway frontage and multiple access points from maintained county roads. The terrain of cedar trees and grassy hills ranges from 6,400 to 6,600 feet providing panoramic mountain views. Hunting is excellent with ranch currently receiving one bull elk permit, two cow elk tags and three antelope permits in addition to plentiful deer. Live your life to the fullest on this dynamic central New Mexico ranch.  #30062-21800 More information

Contact

United Country Real Estate UCRanch.com 800.999.1020 Email]]> Mountainair, NM
19,160 ± Acres | Listing Price: $8,870,000

Offered by United Country Real Estate

]]> 14437 0 0 0 https://landreport.com/2017/11/voices-bill-dereu/ Fri, 03 Nov 2017 07:00:54 +0000 https://www.landreport.com/?p=14535

By Eddie Lee Rider, Jr.

I recently had a chance to sit down with Potlatch’s Bill DeReu, Vice President of Real Estate and Lake State Resources.

ELR: Bill, I understand Potlatch was formed in Idaho in 1903, and established a beachhead in the South by acquiring land in Arkansas in the 1950s. How and where has the company grown since then? BD: Potlatch’s land holdings have grown steadily over the years, as we gained a significant presence in Minnesota in the 1960s and then acquired land in Alabama and Mississippi in 2014. The company is now one of the largest private landowners in the U.S., known for quality timber and land management. ELR: Where does the name Potlatch come from?  BD:  The company chose the name Potlatch because of the Native American influence on the land in the Pacific Northwest, and it means “a gathering where gifts are exchanged.” ELR: How many acres does the company currently own, and how much land does the company sell in an average year? BD: We currently own about 1.4 million acres, with 1.2 million acres in core timberland, and we have identified 200,000 acres of real estate that has values much greater than timberland. We sell about 20,000 acres of that real estate annually for conservation, recreation and cabin sites. ELR: What do those retail land transactions look like in terms of land and size?  BD: Potlatch offers something for everyone in our recreational real estate program, from 5 acres to thousands of acres. Buyers have a variety of reasons for buying, whether it’s building a legacy for their family, having a home base for hunting, or being close to nearby recreational opportunities. And there’s a bonus — quality timber that grows over time and that can be sold by the new owner. ELR: I understand you have a very unique listing in Minnesota. Tell the Land Report readers about that. BD: We have 2,000 acres for sale north of Ely, Minnesota, not far from the U.S./Canada border. It’s adjacent to the Boundary Waters Canoe Area Wilderness, which has been named by National Geographic and others as one of America’s top outdoor destinations. We’re developing a master plan vision for the property now, and there’s also strong potential for conservation. It’ll be a great find for the lucky buyer.]]> 14535 0 0 0 https://landreport.com/2017/12/voices-ken-mirr/ Fri, 01 Dec 2017 07:00:21 +0000 https://www.landreport.com/?p=14656 By Eddie Lee Rider, Jr. ELR: Cielo Vista Ranch grabbed national headlines. Tell our readers just how unique that listing was in terms of size, terrain, wildlife, and your unique marketing efforts. KM: Cielo Vista Ranch was unique in terms of its sheer size, scope, history and price. These days it is nearly impossible to find a contiguous ranch with over 83,000 acres in the US, let alone in Colorado. It also included Culebra Peak, one of the only privately owned 14ers in the world, as well as four life zones ranging from foothills to alpine and 18 peaks over 13,000 feet. The ranch was also once part of a Spanish land grant and currently has a conservation easement, which presented unique title and access issues as a result. ELR: You have another monster listing in Cross Mountain Ranch. Tell us about it. KM: Located in northwest Colorado, Cross Mountain Ranch represents one of the largest and most diverse recreational and operating ranches on the market today. A wildlife preserve stretching over four counties and 224,050± acres of deeded and leased lands, the ranch is home to North America’s largest elk herd. It is an ecologically diverse landscape with two ecosystems and several miles of river frontage. ELR: You mentioned Cross Mountain Ranch would likely be sold to an ecological-minded buyer. How does that profile differ from a conservation-minded buyer? KM: While both are good stewards of the land, an ecological buyer goes beyond pure land conservation and protection. They study the various ecological resources of the ranch and implement management techniques to improve and enhance livestock capacity, wildlife and fishery habitat, soils, grasses, riparian areas. A conservation buyer generally preserves landscapes through either conservation easements or selfimposed restrictions which keep working ranches working. ELR: You sit on the boards of both the Western Landowners Alliance and the Colorado Cattlemen's Agricultural Land Trust. Tell us about those organizations. KM: Both organizations connect with our mission to keep working ranches working. The Western Landowners Alliance advances policies and practices that sustain working lands, connected landscapes, and native species. It is essentially a voice for landowners throughout the West. Colorado Cattlemen's Agricultural Land Trust helps Colorado’s ranchers and farmers protect their agricultural lands and encourages the intergenerational transfer of ranches and farms. ELR: Any other listings you would like to bring to the attention of our readers? KM: Sandstone Ranch has great conservation values near Denver, Moonshine Ranch is an incredible hunting property in Southern Colorado, and Utah's Wasatch Peaks Ranch has more ski terrain than Vail Mountain. We have recently expanded into Kansas, Nebraska, and Montana, and have some attractive listings in those areas as well.]]> 14656 0 0 0 https://landreport.com/2018/01/land-reports-2017-gear-guide/ Thu, 25 Jan 2018 07:00:38 +0000 https://www.landreport.com/?p=14674

Journey to Woodlife Ranch in the beautiful Berkshires as our R&D brigade puts the latest must-haves through their paces.

Product Reviews by Sue Mead Photography by Gustav Schmiege III Produced by Angela Caron GAME ON! That’s Mike Patten (above) behind the wheel of this hard-core LE edition of Honda’s flagship Pioneer 1000. Hunters, ranchers and outdoor lovers can choose between a 3- or 5- passenger version; both are endowed with a new I-4WD system. The “intelligent” tech incorporates the industry’s first off-road brake traction control and adds hill-start assist and electronic brake force distribution. Takeaways? Impressive grip on a broad collection of technical surfaces, a more relaxing drive, and no need to stop to engage differential locks. Honda Pioneer 1000 LE powersports.honda.com | From $19,999

High Fives

The General has something to crow about: Its heavy-duty pickup line has been endowed with an all-new 6.6-liter V8 Duramax diesel engine that pushes out more horsepower and torque with improved fuel economy and emissions. The first thing you’ll notice is a chrome grille that in all likelihood can be seen from outer space on a dark night. The brash-but-polished front face, the hood’s bulging scoop, and the 20-inch chrome-cast aluminum wheels make a statement that throws serious shade on smaller trucks. The 3/4-ton and one-ton trucks can tow up to 23,300 pounds and haul more than 7,000. Upping the allure are wireless charging, 4G Wi-Fi hotspot, and Bose Premium sound. 2017 GMC Sierra Denali HD Diesel www.gmc.com | From $55,790

Into the Wild

Ready to saddle up the award-winning 2017 Titan XD Pro-4X Project Basecamp? Think of it as a home away from home for anglers and hunter-gatherers with a passion for riding the range. The 5-passenger, custom-made prototype is built on the 2017 Titan XD platform with more than 60 aftermarket parts and accessories that create a fully self-contained, self-sustaining base camp. Note the Titan’s beefier looks and underpinnings, a beastly 5.0-liter turbodiesel V8, load-leveling suspension, and a built-in Warn winch. Riding behind is a custom Patriot Camper X2 Off Road Adventure Trailer configured with amenities for outdoor lovers: CVT Tents’ Mt. Rainier Stargazer tent and vestibule; Black Forest portable Fridge Freezer; water canisters and fuel packs; a single deep-cycle, heavy-duty battery that can deliver power for days; and a plethora of survival essentials. 2017 Nissan Titan XD Pro-4X Project Basecamp www.nissanusa.com | Titan XDs from $31,390

Smooth Operator

January 2017 marked 40 consecutive years that Ford has had the best-selling truck in America, and the 2018 F-150 King Ranch proves why. Smart yet tough, stylish yet rugged, this class act is dripping with deft touches such as King Ranch leather trim, a leather-wrapped heated steering wheel, and heated seats throughout. The two-bar-style chrome grille with chrome grille surround and Caribou-color mesh insert is standard. And so is a whole lot of get-up-and-go, thanks to 395 horses and 400 pound-foot of torque, courtesy of the 5.0-liter TiVCT V8. Long story short, this dual purpose truck will do you proud on the town and get the job on your land. 2018 Ford F-150 King Ranch www.ford.com | From $51,600

Dare to be Different

There’s nothing square about this G550 (save its design heritage). This recipe starts with a superior permanent 4WD powertrain, a transfer case that dials in gear reduction, portal axels, impressive ground clearance and water-fording depth, and three locking differentials. All combine to make short work of rocks, gravel, snow and sand. Don’t limit the “G” just to the lands beyond. This bespoke ute is also a pavement cruiser with sublime rally-ready power that flows from its 4.0-liter bi-turbo V8 that elicits the feel, flavor, and resonance of a potent sports car. The cabin features carbon-fiber trim, ambient lighting, and heated seats for all, plus Apple Carplay, Android Auto, Bluetooth, and Harmon Kardon sound. 2017 Mercedes-Benz G550 4x4² www.mercedes-benz.com | From $232,425

Road Show

Feast your eyes on B&B’s Arcadia, a tiny home with sleek modern design and rustic details that are perfect for the outdoors adventurer. The 208-square-foot interior includes a loft and is kitted with premium fixtures and materials; tasteful accents include poured concrete countertops, a rain showerhead, a remote-controlled heating and cooling system, and a built-in Bluetooth audio system. The Arcadia is road-safe and can go off-the-grid or be hooked up to utilities. B&B specializes in small, livable, mobile spaces with a wide variety of options, including DIY Tiny House Shells that allow you to finish the home yourself. The Arcadia www.bbmicromanufacturing.com | From $89,000

Tear It Up

Honda’s lineup of FourTrax Rancher models is a proven recipe for success with a variety of quad offerings for work or play. Powered by a 420cc liquid-cooled single-cylinder engine with fuel injection, these ATVs are engineered with a wide band of low-revving muscle that is perfect for farm, ranch, and jobsite, or for motoring into the woods like Mike is doing here. Ranchers can be ordered in 2WD or 4WD with your choice of manual, electric shift, or automatic dual clutch transmission. Don’t forget the all-important Electric Power Steering, which is available on 4WD models. This feature gives an extra assist when maneuvering on rigorous off-road terrain. Honda FourTrax Rancher powersports.honda.com | From $5,349

Creature Comforts

This propane-powered torch cranks up to 1300 lumens. Translated into English, that means you’ll be able to see into the darkest of nights with push-button ease. Northstar Elite Propane Lantern www.coleman.com | $69 Fabricated using top insulation technology and a stainless-steel handle, the Rambler Half Gallon Jug keeps your joe piping hot and your iced tea ice cold. Rambler Half Gallon Jug www.yeti.com | $99

Bullet Proof

This no-compromise, guide-class wading jacket is made of a durable, custom-woven three-layer shell. Waterproof and breathable fabric has fully taped seams for added weatherproofing, with a Dolphin Skin Cuff system for additional weather resistance. Brushed micro-suede chin guard and zippered hand-warmer pockets bring added comfort. Rubberized tabs for tool docking offer easy access to gear and forceps. Other creative features include YKK AquaGuard water-resistant zippers; water-resistant side zips for ventilation and easy access to waders; two zippered, water-resistant vertical storage pockets; and an interior zippered security pocket. The three-way adjustable storm hood has a laminated brim. Pro Wading Jacket www.orvis.com | $349 Store and carry a multitude of accessories; the anvil-style top opening and handy side pockets are perfect for speedy retrieval of must-have-now items like maps and rain jackets. Bighorn Kit Bag www.fishpondusa.com | $155

Ducks in a Row

This water-repellant, hooded outerwear is constructed with 9.8-ounce duck to resist abrasion and flex fabric to keep you on the move in any outdoor condition that the sporting life — or work — might require. Sanded Duck Flex Mobility Jacket www.dickies.com | $79 Take a closer look at John Patten’s accessories. They include two items from the Lone Survivor Foundation store: the Camo Cap ($19.95) and the Silicone Wristband ($5). Proceeds from the sale of these and other items at www.LoneSurvivorFoundation.org support the organization’s mission to restore, empower, and renew hope for wounded service members and their families through health, wellness, and therapeutic support.]]> 14674 0 0 0 https://landreport.com/2018/04/fortune-bend-ranch/ Mon, 02 Apr 2018 07:00:54 +0000 https://www.landreport.com/?p=14776 GRAFORD, TEXAS 4,416.58+ Acres | $22,082,900

[gallery size="full" ids="14779,14780,14781,14782,14783,14784,14785,14786,14787,14788,14789,14790,14791,14792,14793,14794"] 4,416.58+/ Acres - now $5000/acre. This awesome river paradise lies in a tear drop south of Possum Kingdom Lake with approcimately 45,000 feet or eight-and-a-half miles of pristine river frontage with water rights. The river is wide and deep for miles. Native rolling land with pecan, live oak, mesquite, and cedar is home to abundant deer and turkey which have not been hunted in years. A beautiful, rustic three-bedroom, two-bath lodge overlooks the river and high sandstone river bluffs. Extremely private on a deadend road. All minerals owned convey.

CONTACT THE BROKER

The Allen Crumley Group Broker Allen Crumley (817) 480-9502 ]]> GRAFORD, TX
4,416.58+ Acres | $22,082,900

Offered by The Allen Crumley Group

]]> 14776 0 0 0 https://landreport.com/2018/04/big-sky-wheat-grasslands/ Tue, 10 Apr 2018 07:00:25 +0000 https://www.landreport.com/?p=14814 CENTRAL MONTANA | 1 Hour from Billings 16,133+ Acres | $8,999,999 

[gallery size="full" ids="14837,14836,14835,14834,14833,14832,14831,14830,14829,14828,14827,14826,14825,14824,14823,14822,14821,14820,14819,14818,14817,14816"]  

• 16,133.52 Deeded Acres with 320 Acre State Lease
• Highly productive grasslands
• Substantial farm ground utilized for wheat and hay
• Quite possibly one of the best values in grass and production
• Capable of running 1,000 cows under traditional management and in excess of 3,500 yearlings with a cell grazing approach
• Fences are in good condition
• Multiple wells and pipelines in place
• 90% or more of the ranch is contiguous
• No homes and minimal infrastructure

CONTACT THE BROKER

Thistledew Land & Ranch Brokerage (406) 962-3310]]> CENTRAL MONTANA
16,133+ Acres | $8,999,999

Offered by Thistledew Land & Ranch Brokerage

]]> 14814 0 0 0 https://landreport.com/2018/05/williams-fork-mountain-ranch/ Thu, 03 May 2018 07:00:29 +0000 https://www.landreport.com/?p=14924 STEAMBOAT SPRINGS, COLORADO 13,395 Acres | $19,900,000

[gallery size="full" ids="14969,14968,14967,14966,14965,14964,14963,14962,14961,14960,14959,14958,14957,14956,14955,14954,14953,14952,14951,14950,14949,14948,14947,14946,14945,14944,14943,14942,14941,14940,14939,14938,14937,14936,14935,14934,14933,14932,14931,14930,14929,14928,14927,14926,14925"] Williams Fork Mountain Ranch Colorado: A massive, wildlife-rich ranch situated within minutes of a world-class ski resort sounds like a nearly unbelievable find in the twenty-first century, but the Williams Fork Mountain Ranch, a short drive from fabulous Steamboat Springs, is no myth. This ranch, comprised of over 21 square miles of amazingly productive elk and deer habitat, is the real deal and is undeniably one of the finest remaining large wildlife properties in all of Colorado. For many years, wildlife biologists have identified the White River elk herd as the largest elk herd in the world, numbering approximately 37,000 animals. This herd ranges freely over the Williams Fork Mountain Ranch, including several hundred animals that are completely resident on the ranch year-round. As a well-blocked property (not fragmented by other public or private parcels) the Williams Fork Mountain Ranch offers unusual potential to manage habitat and herd quality to the highest possible degree. Many features bless the Williams Fork Mountain Ranch as a veritable paradise for elk. Diverse habitat comprised of rolling grassland hills broken up with stands of aspen and oakbrush provide the variety of cover and grazing that a large elk herd requires. Water sources are abundant, including many springs and seeps, ponds, drinkers, eight wells and the perennial East Fork of the Williams Fork River. With elevations ranging from 6900 to 7900 feet, winters are relatively mild compared with most of the Rockies, permitting the herd to thrive. Finally, 1052 acres on the north side of the ranch are managed for dryland farming and serve as an effective big game magnet. The same features that make this ranch attractive to elk also contribute to a superb mule deer population. Hunters have been thrilled with taking several bucks with 30-inch-wide racks in the past, serious trophies by any standard. Other species that flourish here include pronghorns, black bears, mountain lions and grouse. Elk tags are available over the counter, and the ranch qualifies for 19 landowner deer applications. Development of the ranch as a trophy fishing property is a very real possibility. The ranch owns a quarter-mile of the East Fork of the Williams Fork River, one of the state’s best-kept secrets, holding rainbows and cutthroats up to 20 inches. Several of the ranch ponds could be improved to hold trout that could fatten up to several pounds. Those who enjoy float fishing can experience some of the best in the state, only minutes away on the Yampa River, where 18- to 24-inch browns and rainbows are common. Although the ranch has been left largely undeveloped, as is appropriate for such a magnificent piece of property, three “glamping” tents on wooden platforms currently provide a rustic lodging experience and encompass jaw-dropping views at choice building locations throughout the ranch. A network of well-maintained roads on relatively gentle terrain offer superb vehicular and ATV access to nearly every section of the ranch. As a result, hunting and recreating on Williams Fork Mountain Ranch is not an endurance march. With 13,395 deeded acres, plus 2050 leased BLM acres, the ranch is perfect for many recreational activities requiring plenty of elbow room. An extensive network of trails throughout the ranch invites hiking, four-wheeling and mountain biking in the summer and fall, and snowmobiling, ski touring and snowshoeing in the winter. At any season, of course, the wildlife photography opportunities are second to none. Steamboat Springs hardly requires an introduction to anyone who skis or snowboards. The city has all the amenities of lodging, entertainment, galleries, shops and fine dining equal to any ski resort in the world, yet is only 30 minutes from the ranch at any season. What’s more, Yampa Valley Airport in Hayden with direct flights all across the United States, is only a ten minute drive from the ranch. No, the Williams Fork Mountain Ranch is no myth. It’s a very real opportunity that we at Harrigan Land Company believe to be a perfect find for someone who has a passion for world-class hunting and fishing combined with the world-class features of one of the best ski towns in the nation. Contact us at any time for a visit, for spring, summer, fall or winter, this remarkable ranch shines with legendary possibilities.

Features

Adjoining Public Land, Annual Big Game Tags, Antelope, Black Bear, Cabin(s), Caretaker's House, Corrals, Cross Country Skiing, Elk, Guest House(s), Hay Crops, Horseback Trails, Income Producing, Lake(s), Live Water, Mule Deer, Outbuildings, Owner's Residence, Phone, Power, Ranch House, Riverfront, Snowmobiling, Stillwater Fishing, Trophy Hunting, Trout Fishing, Trout Stream(s), Waterfowl

CONTACT THE BROKER

Harrigan Land Company, LLC ranches@harriganland.com (800) 524-1818]]> STEAMBOAT SPRINGS, CO
13,395 Acres | $19,900,000

Offered by Harrigan Land Company, LLC

]]> 14924 0 0 0 https://landreport.com/2018/07/voices-wendy-johnson/ Wed, 11 Jul 2018 07:00:55 +0000 https://www.landreport.com/?p=15150 By Eddie Lee Rider, Jr.

Wendy Johnson, ALC. United Country | Texas Landmark Properties

Wendy Johnson started selling agricultural land, ranches, recreational properties, and, probably her favorite, equestrian estates, in 2012 all over Texas. She owned and operated Oak Knolls Stables in St. Jacob, IL, until she relocated. She grew up in rural Illinois with horses, and they are still her passion to this day. She has earned her Accredited Land Consultant (ALC) designation from the REALTORS® Land Institute and has received awards recognizing her achievements, including Rookie of the Year, Top Producer and Leadership. She has enjoyed success in the competitive equestrian arena, bringing home World and Reserve Championships. ELR: Wendy, as of January of this year, you became a United Country broker. Tell us about that. WJ:  Travis Wolford of United Country reached out to me and I purchased United Country Texas Landmark Properties in January of this year. The United Country franchise provides tools and expertise that has helped me to get listings. The Company has an amazing marketing team that has helped me with skills necessary to represent clients in today's market. My name recognition is expanding in the area, and having a successful company and team behind me allows me to better represent my clients. ELR: Tell our readers about your background. WJ: I grew up on my family's farm in St. Charles, IL. At age 7, I started to ride and have competed across the country. God blessed me with an amazing husband of 20 years and 3 children. I was a paralegal for 15 years until my family decided to move to Texas. At that time, I had decided to leverage my legal background combined with my experience farming and raising horses to obtain my real estate license focusing narrow and deep in farm and ranch, agricultural land, rural acreage, equestrian and cattle facilities. ELR: Tell us about a couple of your favorite listings and what makes them special. WJ: Hidden Creek Ranch located in Terrell, Texas, is an exquisite ranch with unique features of nature and privacy consisting of a 4,100 sq. ft. home, saltwater pool, metal barn, multiple turnout pastures on 362 acres with wildlife habitat, and a creek combined with agricultural ground. This is the perfect combination of country charm, and convenience to dining, shopping, hospitals, and grocery stores. Exotic Edge Ranch located in Edgewood, Texas, is a stocked game ranch on 145 acres. The land has a stocked lake, multiple ponds, strategically placed for WMP. The ranch boasts a home with finish out, guest quarters, barn, workshop, arena, deep well, and city water at CR 3105, road frontage on CR 3117, CR 3108, and CR 3105. The topography varies from open pasture to treed hilltops.]]> 15150 0 0 0 https://landreport.com/2018/07/banded-peaks-river-ranch/ Wed, 25 Jul 2018 07:00:41 +0000 https://www.landreport.com/?p=15177 CHROMO, COLORADO 2008± Acres | $14,300,000

[gallery size="full" ids="15191,15188,15186,15185,15187,15193,15200,15181,15182,15183,15184,15189,15190,15192,15198,15194,15195,15196,15197,15199,15180"] Banded Peaks River Ranch is nestled in the lush Navajo River Valley in Southwestern Colorado. Comprised of 2,008± acres surrounded by the jagged skylines of Navajo Peak, Elephant Peak, Chama Peak and the beautiful formations of the Banded Peak mountains. The Ranch offers 1.5± miles of private access on the Navajo River giving way to outstanding fly-fishing. This secluded alpine ranch varies in elevation from 7,700 feet to 9,500 feet offering breathtaking topographies from lush meadows to beautiful Aspen, Fir, Blue Spruce and Ponderosa forests. The headwaters of the Rio Chamita flows through the property in the spring and several ponds can be found throughout the ranches borders, creating outstanding wildlife habitats. Banded Peaks Ranch offers the perfect balance of a secluded alpine ranch but with the ease of access, creating that perfect outdoorsmen’s paradise and opportunity to build that dream mountain retreat in one of Southwestern Colorado’s most pristine gems.

CONTACT THE BROKER

M4 Ranch Group Dan Murphy (970) 209”‘1514 Michael Murphy at (719) 849”‘1441 LaWana DeWees at (970) 749-6521

 ]]> CHROMO, COLORADO
2008± Acres | $14,300,000

Offered by M4 Ranch Group

]]> 15177 0 0 0 https://landreport.com/2018/08/voices-terrastone-land-company/ Mon, 06 Aug 2018 18:00:51 +0000 https://www.landreport.com/?p=15225 By Eddie Lee Rider, Jr.

Bradley Wilson, Lead Land Broker | TerraStone Land Company

I was recently able to get a few minutes over the phone with Bradley Wilson, lead land broker at Texas-based TerraStone Land Company. The organization is more than 35 years old and has sister divisions that can assist landowners in myriad areas. ELR: Bradley, TerraStone is based in The Lone Star State, but you also operate in several of the surrounding states, correct? BW: That’s correct. I act as designated broker for our firm in Texas, Louisiana, Arkansas, and Oklahoma. We are active in all four states, and our transactions include timberland, recreational, ranchland, and environmentally focused properties. ELR: Tell our readers about some of your sister companies and what kinds of products and services they provide landowners. BW: TerraStone is an affiliate to a multidimensional natural resource firm Advanced Ecology Ltd. and offers over 35 years of combined land management and forestry experience. This family of companies has the collective experience and ability to evaluate most any land investment, as well as implement short- or long-term management plans after your purchase. We can cover your due diligence needs, which can be implemented as a strategic management plan. ELR: You mentioned tremendous growth in the past 12 months: from $10 million to $40 million in business. What do you attribute that to? BW: Our expansive internal network provides us with great connections. We’ve been privileged to represent an investment group with the purchase of a 9,500-acre coastal conservation project on the Texas Coast. In addition, we’ve represented multiple sellers in the sale of several thousand acres of timberland in Arkansas and Louisiana. ELR: Tell us about a current listings folks should check out. BW: We currently have a beautiful 525-acre property listing located in Smith County, Texas. Accessed by a direct exit from I-20 and an easy drive from Dallas or Shreveport, this tract offers substantial timber volumes, lots of asphalted road frontage, and a nine-acre lake. Read more HERE.]]> 15225 0 0 0 https://landreport.com/2018/09/2018-land-report-vistas-issue/ Sat, 01 Sep 2018 07:00:15 +0000 https://www.landreport.com/?p=15339 Welcome to the 2018 Land Report Vistas, a digital showcase of America’s top land listings brought to you by The Land Report. A fully interactive, digital platform, Land Report Vistas provides prospective buyers with a unique opportunity to view rich video content on specific properties, view photo galleries of the listings, and email listing brokers directly. View Land Report Vistas »]]> 15339 0 0 0 https://landreport.com/2018/01/2017-land-report-100-anne-marion/ Mon, 01 Jan 2018 07:00:53 +0000 https://www.landreport.com/?p=15404

No. 42 Anne Marion

275,000 acres A Missouri native, Samuel Burk Burnett (1849—1922) arrived in Texas at age 10; by 19, he was on his own, buying 100 head of cattle that wore the 6666 brand. He soon sold the cattle, but the brand stayed with him and came to be known as the Four Sixes. Following his death, two trustees managed his holdings. In 1980, Burk Burnett’s great-granddaughter, Anne Burnett Marion, took the reins and now oversees Burnett Ranches, which includes the Four Sixes. Home to some 10,000 Angus and Black Baldy, the Four Sixes has produced more than 100 million barrels of oil.]]> 15404 0 0 0 https://landreport.com/2018/12/land-report-2018-gear-guide/ Sat, 15 Dec 2018 07:00:57 +0000 https://www.landreport.com/?p=15910

The Land Report R&D team hit the trail in the beautiful Berkshires at WOODLIFE RANCH. Here are our top selections.

Photography by Gustav Schmiege III

Product Reviews by Sue Mead | Produced by Angela Caron

  KING OF THE ROAD

Starting at $58,815 | FORD.COM

The all-new FORD F-150 KING RANCH DIESEL is a pair of kings. Ford’s top-selling King of the Road is matched with the epic tradition of King Ranch, the iconic home of American ranching whose brand graced the country’s first Quarter Horse, a Triple Crown winner, and myriad products at the King Ranch Saddle Shop. This half-ton showcases high-end stylized design with ranch-and-range themed exterior and interior trim elements. Think genuine wood and leather. The trump card is the new 3.0-liter V-6 diesel with 250 hp and 440 pound-feet of torque that delivers 11,400 pounds of towing and carries 2,020 pounds. The most fuel-efficient pickup in its class is paired with a 10-speed auto transmission with tow/haul, snow/wet, EcoSelect, and Sport modes. DIG IT!

$164,000 As Tested | DOOSANINFRACORE.COM

What to get the do-it-yourselfer who has all the toys? How about a hydraulic excavator of their very own? The DOOSAN DX140LC EXCAVATOR boasts improved ergonomics, increased comfort, and excellent visibility that enhance the efficiency and safety of the operator. A new user-friendly 7-inch LCD color monitor provides full access to machine settings and maintenance data. Plus, it displays the rearview camera. And the 95 hp Common Rail DOOSAN DL06 engine combines with the new Electronic Power Optimizing System for optimum power and fuel efficiency. SMOKIN’

$2,150 | ARTEFLAME.COM

Elevate your outdoor cooking with the sleek, contemporary look and outstanding functionality of the ARTEFLAME ONE SERIES GRILLE. The removable cooktop is manufactured from half-inch-thick hot-rolled steel and can be used with wood and/or charcoal. It can also be enjoyed as a fire bowl with the cooktop on or off. The grille can be left outside all year long, and its CORTEN steel base will develop an appealing, maintenance-free patina over time.   THE CHERRY ON TOP

$47,020 As Tested | GMC.COM

Want rugged 4WD performance with exceptional fuel economy? Need to transport up to seven? Tow 4,000 pounds? Stow 79 cubic feet of cargo? Then go for the 2019 GMC ACADIA DENALI AWD. Under the hood is a 3.6-liter direct-injected V-6 with 310 hp. Upscale Black Cherry Metallic exterior gets chrome details, wraparound HID headlamps, and standard LEDs. Take a seat and take in the cocoa and shale palette with standard leather-trimmed heated/ventilated first-row seats and heated second-row seats. For your viewing pleasure, the infotainment package has an 8-inch diagonal color touchscreen and navigation, plus five years of OnStar. Goodies include a trailering package with active tow, pedestrian detection with braking, and 20-inch aluminum wheels. WEATHER WISE

Gunnison Soft Shell Jacket $224.99; Blackfoot Waterproof Breathable Pants $299.99 | SIXSITEGEAR.COM

SIXSITE CAMO GEAR designs and develops extreme-use outdoor clothing. Manufactured in the US of A, SIXSITE’s proprietary RANA camo pattern blends organic textures and digital elements. It also incorporates tactically functional features like accessory anchors and pocket angles to minimize movement and improve success for hunting with a bow or firearm as well as performing tasks in inclement weather. The full SIXSITE camo line includes jackets, shorts, pants, shirts, undershirts, and hoodies.   MAGIC FINGERS

Starting At $59.95 | LEDLIFE.COM

Do you hunt, fish, or maybe just walk your dog at dusk or dawn? Ever work in a poorly lit garage or barn? All-weather KC KEVLAR KNIT LED LIGHT GLOVES provide versatility to light up every job. KC’s patented technology integrates a durable, water-resistant, breathable glove with a cutting-edge LED light strip featuring six LED lights with varied brightness and run times. (124 lumens on the low setting or 240 lumens on high to provide up to 20 hours of use). Available in full-finger or fingerless styles, large and XL sizes, the gloves are powered by two lithium metal coin cell #CR2032 batteries that are included. OUTLANDISH FUN

Starting At $8,399 | CAN-AM.BRP.COM

Head off-road for work or play with the new one- or two-passenger 2018 CAN AM OUTLANDER , powered by a 62 hp Rotax 650 or a 78 hp Rotax 850 engine with enough torque to tow up to 1,650 pounds. A rugged CVT provides shiftless, responsive gearing, while engine braking helps control downhill speeds. A selectable Visco-Lok, auto-locking front differential provides two- or four-wheel-drive traction. Performance is aided by the arched front A-arms, sway bar, and revised wheels that bring a wider stance and more confident handling. The independent rear suspension eliminates scrub and limits camber changes for laudable vertical wheel control. SWEET DREAM

WOODLIFERANCH.COM

Behold the first batch of Golden Maple Syrup from WOODLIFE RANCH PROVISIONS. Produced on the ranch in the shadow of the tallest peak in the Bay State, this delectable elixir is available in Golden, Amber, and Dark. The ranch’s very own honey is equally delicious and is bottled raw, in an Applewood Smoked version, and Bourbon Barrel Aged.   DIAMOND IN THE ROUGH

$60,375 As Tested | RAMTRUCKS.COM

One of six models in Ram’s light-duty lineup with bespoke differentiation between trims, the 2019 RAM 1500 REBEL is more roomy, has a more comfortable on-road ride, and the chops for serious backcountry fun with hill descent control and underbody protection and skid plates. A HEMI engine with eight-speed automatic is available with new eTorque mild hybrid for better fuel economy and torque. 2019 brings new exterior and interior styling, class-exclusive air suspension for load leveling and entry/exit convenience, plus a truckload of other class-exclusive and segment-leading features and technologies. The maximum payload increases to 2,300 pounds and trailering to 12,750 pounds. Now available in Quad Cab, with new full LED adaptive front-lighting system, lockable bed storage, and Ram Box with 115-volt outlet. FLY THE FLAG

Starting At $2,650 | WOODENFLAGPOLES.COM

You can’t get more patriotic than an honest-to-goodness handcrafted flagpole. And safe. The flagpole at Woodlife Ranch can withstand winds of 115 mph. Danny Kaifetz and his team at Adirondack Flagpoles custom make each order on the shores of Lake Champlain in Keeseville, New York. A variety of designs and woods is available. Mario Gagliardi at Woodlife Ranch opted for this rich Northern Red Oak (left). “Red oak is a tree that grows nicely here in the Berkshires,” he says. A clear varnish was chosen. White is also available as is a small-scale wall mounted version and a double-masted whopper that can reach 56 feet.   RANGER READY

Starting At $15,499 | POLARIS.COM

The three-passenger 2019 POLARIS RANGER CREWXP 1000 EPS gets motive force from a 1,000cc ProStar engine that makes 82 hp and 62 pound-feet of torque. And it tows 2,500 pounds with a 1,000-pound bed capacity, a 1,500-pound class-leading payload, and a 2-inch receiver hitch that makes light work of big jobs. Two-speed transmission paired with On-Demand AWD for all-weather, all-terrain traction; VersaTrac Turf Mode unlocks the rear differential for easier and tighter turns. Ride Command adds an off-road-smart 7-inch “glove-touchable” display. The long list of factory-installed accessories includes front and rear cameras, GPS, and in-dash speakers with USB and Bluetooth connectivity to stream music from your smart phone. A mobile app brings access to detailed trail maps and weather radar. GIMME SHELTER!

Shiftpods Start At $799; Family Kits Start At $1,699 | ADVANCEDSHELTERSYSTEMS.COM

SHELTERPOD ADVANCED SHELTER SYSTEMS has you covered with quick-to-deploy, easy-to-transport, wind-resistant havens for individuals and small groups. More than simply camp accommodations for outdoor recreation, these high-tech tents can be packed and delivered as complete kits that contain many of the tools and gear – sleeping bags, first-aid, water filters, and more – to survive in many emergency and disaster situations. A reflective exterior with synthetic down micro-fiber insulation, the composite super-fabric construction reflects and retains heat and dampens noise. It sets up in minutes with wind-resistance up to 100 mph. Of note: the company donates one unit for every 20 sold and gives a 10 percent discount to military, veterans, LEO, FIRE and EMS buyers. HOT RIDE

Starting At $19,999 | CAN-AM.BRP.COM

Can Am’s 2018 MAVERICK X3 side-by-side is no luxury off-road cruiser. It will make your eyeballs rattle! An aggressive ultralight, rigid chassis and an Ergo-Lok driver-centered cockpit are at the heart of this rig. Available in two- or four-passenger versions, it’s powered by a 120 hp turbocharged Rotax ACE engine mated to a high-performance QRS-X CVT with 172 turbocharged hp. No wonder it motors from 0 to 60 in 4.4 seconds! Four corner FOX 2.5 Podium Piggyback shocks with front and rear QS3 compression adjustment and rear bottom-out control bring precise, tweakable performance to a wide variety of terrain. THE ORIGINAL

$99 | YETI.COM

YETI’s high-quality products are built to survive hard-core outdoor adventures, Constructed of durable, 18/8 stainless steel with double-wall vacuum insulation and No Sweat Design, this sturdy half-gallon YETI RAMBLER JUG keeps cold drinks cold and hot drinks hot for a full day in the wild.]]> 15910 0 0 0 https://landreport.com/2019/04/gear-guide-king-of-the-road/ Tue, 16 Apr 2019 07:00:32 +0000 https://www.landreport.com/?p=15974 Starting at $58,815 | FORD.COM The all-new FORD F-150 KING RANCH DIESEL is a pair of kings. Ford’s top-selling King of the Road is matched with the epic tradition of King Ranch, the iconic home of American ranching whose brand graced the country’s first Quarter Horse, a Triple Crown winner, and myriad products at the King Ranch Saddle Shop. This half-ton showcases high-end stylized design with ranch-and-range themed exterior and interior trim elements. Think genuine wood and leather. The trump card is the new 3.0-liter V-6 diesel with 250 hp and 440 pound-feet of torque that delivers 11,400 pounds of towing and carries 2,020 pounds. The most fuel-efficient pickup in its class is paired with a 10-speed auto transmission with tow/haul, snow/wet, EcoSelect, and Sport modes. See the full 2018 Land Report Gear Guide here.]]> 15974 0 0 0 https://landreport.com/2019/04/gear-guide-doosan-dx140lc-excavator/ Mon, 29 Apr 2019 07:00:35 +0000 https://www.landreport.com/?p=15992 What to get the do-it-yourselfer who has all the toys? How about a hydraulic excavator of their very own? The DOOSAN DX140LC EXCAVATOR boasts improved ergonomics, increased comfort, and excellent visibility that enhance the efficiency and safety of the operator. A new user-friendly 7-inch LCD color monitor provides full access to machine settings and maintenance data. Plus, it displays the rearview camera. And the 95 hp Common Rail DOOSAN DL06 engine combines with the new Electronic Power Optimizing System for optimum power and fuel efficiency. [$164,000 As Tested | DOOSANINFRACORE.COM] See the full 2018 Land Report Gear Guide here.”]]> 15992 0 0 0 https://landreport.com/2019/01/2018-land-report-100-stan-kroenke/ Tue, 01 Jan 2019 07:00:02 +0000 https://www.landreport.com/?p=16018

No. 5 Stan Kroenke

1,380,000 acres At 560,000 acres, KROENKE RANCHES’ Q CREEK RANCH is a kingdom unto itself and encompasses 875 square miles of deeded and public lands in Central Wyoming’s Shirley Basin. In addition to its cattle operations, the ranch is a licensed Wyoming outfitter (qcreek.com) and offers exceptional hunting and fishing to paying guests. Rates for elk, mule deer, and antelope vary by hunt, season, and residency. Fishing at Q Creek is offered from late May through mid-September, costs $520 per person per day, and includes lodging and meals. The waters on Q Creek Ranch are pristine and cold running. They range from spring-fed prairie ponds to backcountry lakes as large as 40 acres. Species include cutthroats, browns, rainbows, and brook trout, and 20-inchers are not uncommon.]]> 16018 0 0 0 https://landreport.com/2019/05/land-report-2018-gear-guide-arteflame-one-series-grille/ Mon, 13 May 2019 07:00:23 +0000 https://www.landreport.com/?p=16023 Elevate your outdoor cooking with the sleek, contemporary look and outstanding functionality of the ARTEFLAME ONE SERIES GRILLE. The removable cooktop is manufactured from half-inch-thick hot-rolled steel and can be used with wood and/or charcoal. It can also be enjoyed as a fire bowl with the cooktop on or off. The grille can be left outside all year long, and its CORTEN steel base will develop an appealing, maintenance-free patina over time. [$2,150 | ARTEFLAME.COM]

See the full 2018 Land Report Gear Guide here.

]]> 16023 0 0 0 https://landreport.com/2019/01/zane-tanya-kiehne-2018-land-report-100-sponsored-by-landleader/ Tue, 01 Jan 2019 07:00:26 +0000 https://www.landreport.com/?p=16435

No. 31 Zane & Tanya Kiehne

345,000 acres (NEW TO LR100) A fourth-generation rancher, Zane Kiehne was raised in New Mexico on a US Forest Service allotment with very little deeded land. He became a ranch broker and finally bought his own in 1994 when he acquired the KYLE RANCH in Loving County, Texas. Tanya Kiehne was born and grew up in Pecos, Texas, where she worked for the Department of Agriculture’s Farm Service Agency until the family’s ranches required her full-time attention. Z&T HOLDINGS now includes ranches in seven Texas counties as well as seven counties in New Mexico. With the exception of two West Texas ranches, Z&T’s properties tend to be mountainous and are full of wildlife: elk, mule deer, whitetails, turkey, antelope, Barbary sheep, oryx, mountain lion, and bear. Some of Z&T’s New Mexico ranches also feature trout streams. Raising top-quality cattle and horses while improving rangeland conditions is a priority for the Kiehnes as is managing for wildlife. Some of Z&T’s most recent acquisitions include the 46,000-acre HUECO RANCH near El Paso and Bob Funk’s 165,000-acre UU BAR RANCH near Cimarron, New Mexico. (See “Trail Boss,” Land Report Fall 2011).]]> 16435 0 0 0 https://landreport.com/2019/01/malone-mitchell-3rd-2018-land-report-100-sponsored-by-landleader/ Tue, 01 Jan 2019 07:00:23 +0000 https://www.landreport.com/?p=16441

No. 32 Malone Mitchell 3rd

326,000 acres The CEO of Riata Corporate Group has established his LONGFELLOW RANCHES as one of the finest hunting properties in the Trans-Pecos region of Far West Texas. A full-service 4,700-squarefoot lodge welcomes guests. Hunts on the 500-square-mile Longfellow include elk, mule deer, dove, and quail.

Click here to see the 2018 class of America’s largest landowners.

]]> 16441 0 0 0 https://landreport.com/2019/12/land-report-top-ten-rocky-mountain-properties/ Tue, 17 Dec 2019 07:00:41 +0000 https://www.landreport.com/?p=16699 COLORADO’S NOTTINGHAM RANCH || BLM and Forest Service grazing permits
double the range of this Colorado listing.[/caption]

From cattle operations to top-tier resorts and recreational estates, COLORADO boasts the lion’s share of the leading listings in the Rocky Mountain region. - The Editors

01. GATEWAY CANYONS | $279 MILLION | COLORADO Discovery Channel creator John Hendricks’s 6,900-acre West Creek Ranch on the Colorado–Utah line is offered in conjunction with his adjacent full-service resort, Gateway Canyons. Kerry Endsley with LIV Sotheby’s International Realty has the listing. 02. NOTTINGHAM RANCH | $89 MILLION | COLORADO Surrounded by millions of acres of national forest, this historic Colorado outfit runs 1,200 cow-calf pairs and has a robust outfitting program. Listed with Ed Swinford and Brent Rimel with Slifer Smith & Frampton. 03. CROSS MOUNTAIN RANCH | $70 MILLION | COLORADO Home to North America’s largest elk herd, Cross Mountain receives 100-plus elk tags and 25 mule deer tags. Portions of Cross Mountain can be purchased separately. Listed with Ken Mirr of Mirr Ranch Group. 04. MCCALL RED RIDGE RANCH | $61 MILLION | IDAHO This 30,912-acre contiguous tract has substantial merchantable timber, is surrounded by the Payette National Forest, and sits five miles west of the popular resort community of McCall. Listed by Wilks Ranch Brokers. 05. IX RANCH | $58 MILLION | MONTANA This legacy cattle ranch has had just two owners since the late 19th century. It runs a cattle herd of 4,300 on 59,889 deeded acres. Listed by David Johnson of Hall and Hall. 06. SEVEN LAKES RANCH | $50 MILLION | COLORADO Greg Norman’s 11,600-acre 7L features two miles of fly-fishing on the White River as well as prime elk habitat. A nine-bedroom main lodge is complemented by guest cabins, staff housing, equestrian facilities, a sporting clays course, and a 1,500-yard rifle range. Listed by Steve Shane of Compass. 07. WESTLANDS | $46 MILLION | COLORADO Over the last three decades, Henry Kravis has meticulously crafted and enhanced this 4,603-acre high-country retreat near Meeker. Listed by Jeff Buerger and Brian Smith of Hall and Hall. 08. CIMARRON VALLEY RANCH | $45 MILLION | COLORADO Twenty-two miles of the Cimarron River run through this 70-square-mile cattle ranch in Southeast Colorado, which is listed with Dax Hayden of Hayden Outdoors. 09. FOUR PEAKS RANCH | $45 MILLION | COLORADO An 18,000-square-foot Craftsman-style, Leeds-built residence crowns these 876 acres near Snowmass. Listed by Craig Morris and Wyatt Wheeler of Aspen Snowmass Sotheby’s International Realty. 10. RIVER VIEW RANCH | $45 MILLION | UTAH This turnkey ranch consists of 41,237 deeded acres and an additional 150,000-plus acres of leased and grazing association land. Listed with Kerry Oman and Thomas Wright of Summit Sotheby’s International Realty.]]> 16699 0 0 0 https://landreport.com/2007/05/going-off-the-grid/ Tue, 01 May 2007 07:00:23 +0000 https://www.landreport.com/?p=79 By Eric O'Keefe No matter where you turn, stunning vistas encircle the property. Just a few feet from the back porch, the mile-high mesa's rocky ridge drops down hundreds of feet into Chalk Draw, an enormous chasm that forms the watershed for tens of thousands of acres of surrounding ranchland. To the south, Elephant Mountain basks in the afternoon sun and the Rosillos Mountains loom in the distance at the edge of Big Bend National Park. Cathedral Mountain crowns the western horizon. Given the setting, it's hard to believe Morrison came across this stretch of high desert in the first place. Remote is an understatement. Think uncharted territory, terra incognita, Area 51. "I found out about the Big Bend through my father," Morrison says.  "He was a poet, one of the pioneers of poetry therapy, as well as a teacher and a professor. A group of his friends had driven out to attend the Texas Cowboy Poetry Festival in Alpine [the nearest town]. They came back to Austin and told him how beautiful it was out here. Mild winters. Cool summers. Mountainous terrain. I always knew I wanted to see it for myself and kept talking about it, so my wife brought me here for my 50th birthday. We stayed at Cibolo Creek Ranch and made it our base for exploring the area. My very first trip and I knew I wanted to buy out here. I had the land bug," he says. Over the next 18 months, Morrison returned to the Big Bend on several occasions. He scouted in several properties, looked at listings large and small, and ended up making several offers. Although nothing came close to going under contract, he didn't lose heart. Finally, his real estate agent brought up a long shot: the agent's own deer lease. The Double M sits four miles off the nearest paved road. "It was part of a 7,000-acre ranch that he had been hunting on for years. The rancher who owned the property had divided it up and was selling it as seven parcels. Normally, ranchers only sell to ranchers, so when he told me about it, I jumped on a Southwest flight, flew out from Dallas, and we had a look at all seven. When I saw this place, there was not a doubt in my mind. I told him I'd take it. When the rancher found out I wanted to buy the Draw Pasture, she said, "That one is the farthest from the road, the most out of the way, and the most difficult to get to." And I said, "That's exactly why I want it." In short order, Morrison became the proud proprietor of the Double M Ranch. The name honors the memory of his father, Morris Morrison. The rugged tract with an incredible expanse of views was full of possibilities, but it had no electricity, no running water, not even cell phone reception. Morrison's first consideration was water. "No water, no life," he says. Good rains are a scarce commodity in West Texas. Annual rainfall in the northern reaches of the Chihuahuan Desert averages a little more than 12 inches, and lately there have been a few years when half that amount was registered. Rainwater catches or tanks were not a viable option on the Double M, so Morrison contacted Walter Skinner, a longtime local whose drilling and well service company enjoys a good reputation. Skinner says mountaintop wells can require drilling 500 feet deep, which at $13 a foot can quickly add up. That's especially the case when you have to pay for a dry hole or two. Skinner got skunked twice before he hit pay dirt: 10 gallons a minute. Water secured, Morrison turned to electricity. The site he chose for his homestead was 4.5 miles from the nearest power lines. According to figures provided by the local electric co-op, the base fee just to wire that span was $10 a foot, a staggering $237,600. And that's not including any engineering fees or the cost of the dozens of phone poles required. Fortunately for Morrison, a friend recommended he get in touch with Meridian Energy Systems in Austin. Morrison not only contacted Andrew McCalla at Meridian but invited him out to his new property. "In Texas, they don't get a lot more remote than Chet's," McCalla says. "I saw the building site and said, 'I understand why we're talking.' Electrical distribution is well established in Texas. That's one of the reasons line extensions can get so expensive. At Chet's, soil conditions and rugged terrain make it even more cost prohibitive. The good news is he had a ton of solar access, a large solar window. "What we did first was build a load profile to figure out what his lifestyle would be electrically. In the case of this structure, how often it's going to be used. It's good to design a system that can accommodate for some variation. Most people just want the lights to come on and the beer to stay cold. We have to accommodate a variety of uses: Chet by himself for a weekend, Chet and Patty for a week, a three-month non-stop stay. And as system designers, we seek to lower costs and limit maintenance. It's a vacation spot. Tinkering with your utilities is not how you want to spend your vacation." After meeting with McCalla and getting his bid, the decision was straightforward for Morrison. "My choices were either to pay $250,000 to the electric co-op and get an electricity bill every month or invest a fraction of that in my own solar system and never get another bill. I decided I was going to be the power company," he says. With the well in, it was time to build a house. Morrison initially turned to a well-known architect to build a home that blended in with the topography. "The design he came up with was absolutely fabulous. The only problem was when I forwarded the plans to contractors, none of them would return my calls. They were completely intimidated by the design and would say, 'What it costs, it costs.' That was a red flag. There's every reason to believe that instead of building it for $100 to $200 a square foot, it would have ended up costing $1,000 a foot by the time they were finished with it. Chet and Patty Morrison selected many of the furnishings in Dallas then trucked them out. "So I paid for the plans, and then I went to see Richard Allen at Allen Realty in Alpine. He sells prefabricated homes that are built on site from Styrofoam, concrete, and steel. They're a type of smart home, and they cost a fraction of what a custom home would have cost. If you can believe this, the two of us sat down and designed the house in 30 minutes. It wasn't a cookie-cutter deal, either. I chose French doors, added windows, and rearranged the bedrooms. What I ended up with was a very nice 1,500-square-foot house with three bedrooms, two baths, a kitchen-dining room, and a living room. It's a very tight house, incredibly energy efficient: Styrofoam covered with fiberglass batting, covered in concrete, totally tight." Morrison admits he was skeptical about the type of phone service he'd be getting out in the middle of nowhere. "When they told me that they were going to install a radio telephone, I envisioned myself going 'Roger Wilco' and clicking my handheld. Turns out it's just like any other phone I've used," he says. Thanks to the extensive fiber-optic network that crisscrosses the area, Morrison says the service he gets from the locally owned communications company is better than what he gets in Dallas. "For decades, remote ranches have relied on Big Bend Telephone Company. The company started out with two-way radios and later went to those party-line phones. Now they rely on the point-to-point microwave system that I use," he says. Morrison's signal goes straight to a commercial antenna. Rusty Moore at Big Bend Telephone says they'll soon be upgrading the Double M to satellite phones with high-speed Internet connections. "Here I am in the middle of nowhere, and I have the most sophisticated communications in the world outside my door," Morrison says. Basic service? A whopping $18 a month. Total cost to install, including inverters and battery plant? $395. One final note: Morrison's hunch about ranchers selling only to ranchers proved correct. Of the seven parcels that initially came on the market, he bought the only individual tract. The other six were snapped up by a neighboring landowner, a man whose family has ranched in the Big Bend since the late 1800s. "It turned out perfectly for me. Not only do I have just one neighbor to deal with, but he's the best possible neighbor imaginable. I can't tell you what a difference he has made," Morrison says. "Things couldn't have worked out better."]]> 79 0 0 0 https://landreport.com/2007/05/preserving-endangered-species-for-profit/ Tue, 01 May 2007 19:00:29 +0000 https://www.landreport.com/?p=366 BY JOSEPH GUINTO PUBLISHED MAY 2007 To date, the best hope for the turtle and others were protections granted them under the Endangered Species Act, a 1973 law that promises to safeguard nearly 1,300 birds, amphibians, mammals, fish, and plants. For all its good intentions, the ESA has been surrounded by controversy for the restrictions that were imposed on landowners whose properties are home to the endangered. "Private property owners ... have been victims of the restrictions mandated by the original law," says Rep. Don Young (R-Alaska). Still, there is little political will in Washington for rewriting the act itself. Now lawmakers are hoping tax incentives will help make it obsolete. This year, bipartisan groups in the House and Senate have proposed legislation that would give tax credits to landowners if they spend their own money to protect and recover endangered and threatened species that live on or migrate through their property. The bills would also give landowners a tax break if they agree not to sell or develop land where endangered species live. As of press time, no floor action was scheduled on either the House or Senate bills. But with Congress in a "green" mood, Capitol Hill watchers consider the chances good for action on the tax breaks. Sen. Max Baucus (D-Montana) may be the key. He's chair of the Senate Finance Committee, which oversees tax-break legislation. "It's pretty hard to jam something down somebody's throat," Baucus says of the ESA. "The more we move toward encouraging people to take actions on their own, the more we're going to achieve the results we're looking for."]]> 366 0 0 0 https://landreport.com/2007/05/interview-tom-brokaw/ Tue, 15 May 2007 19:44:33 +0000 https://www.landreport.com/?p=10731 The Land Report, May 2007

He has a front-row seat at some of the most momentous events in recent history, yet to hear him tell it, what happened on a river bank on his Montana ranch a couple of years ago could well be just as unforgettable.

By Eric O’Keefe. Photography by Tom Murphy (fishing) and Sean McCormick (portrait). For decades, millions of Americans tuned in to Tom Brokaw when they wanted answers. So much so that when the NBC anchorman stepped down in 2004, the Peacock Network wisely offered him a 10-year contract extension to produce documentaries and sit in on major events. In an age of media midgets, this is one guy who didn’t need to be on the market. But Brokaw is also a gifted storyteller, a fact well known to anyone who has read The Greatest Generation or his autobiography, A Long Way From Home. This facility quickly becomes evident one afternoon at his NBC office overlooking Rockefeller Center. The conversation had shifted from dates and places to the Tom Brokaw America doesn’t see on TV, the man who emerges when he arrives in Montana and sets foot on his ranch. Brokaw starts off by describing how much he loves to go out by himself. “I think the wilderness is at best a solitary experience,” he says, then quickly cuts to the chase: “I’ll tell you one quick story. This is, for me, the apotheosis of the Montana experience. “Two years ago in the early spring, I was out by myself on our property. And I was on a ridge overlooking a bend in the river, and a herd of mother elk came out with their newborn calves. The calves couldn’t have been more than three weeks old. River’s running very high. They took a long look at me. I’m 150 yards away. I stood stock still. The mothers led the calves into the high river. Most of them made it. They had to kind of crash their way through the hawthorn bushes on the other side. One did not. It got swept downstream. Made its way onto an eddy, got back on the sandbar, tried a second time, missed a second time, missed a third time. Now it’s pretty tired. Goes up and stands on the sandbar, and it just looks painfully at its mother across the way. Honest to God, this cow elk looked at that calf and nodded, waded back into the river, nuzzled the calf, led it upstream to a safer part of the river and across the river where the rest of the herd of mothers and their offspring were waiting, and then they disappeared over the hill. [caption id="attachment_10729" align="alignright" width="199"] "It's a constant state of discovery I'd say about my two lives," Brokaw says of being a broadcaster and a landowner.[/caption] “I challenge you to duplicate that anywhere else in American life. It was just the most rewarding kind of experience. It’s truly spiritual in its own way, and I keep that memory with me with a lot of others,” he says. Brokaw’s enthusiasm for this other life of his masks a key fact: Montana wasn’t even on his radar screen until he was almost 50. Although he grew up next door in South Dakota–his family had homesteaded in the Dakota Territory in the late 1800s–his career as a journalist took him every place but the American West. He started at KMTV in Omaha, anchored the late evening news on WSB-TV in Atlanta, and then joined KNBC-TV in Los Angeles. He got tapped for the big leagues in 1966 when NBC News hired him, and with the exception of a stint as the network’s White House correspondence in the 1970s, he’s been working in New York City, anchoring the Today show from 1976 to 1981 and the Nightly News from 1982 to 2004. So how did he first make his way to Montana? On assignment of course. “I was drawn to Montana originally because I went out there to shoot a documentary, and also I was invited to the Montana Bar Association to give a speech,” he says. “The fee that I came up with was they had to drop me at a trail head and pick me up five days later. My wife and I were pretty avid backpackers at the time. And we’d not been in Montana before that. We were thunderstruck frankly by the amount of space that was there–not just the national parks, which we were familiar with, but the wilderness areas and other places.” What got him back a second time? Another assignment. “I shot a documentary in a small town called Absarokee down in Stillwater County about the disappearing family ranch … and it became more of an organic relationship at that point,” he says. Point of fact: When anyone with substantial media experience describes a relationship as “organic,” a major acquisition is imminent. In Tom and Meredith Brokaw’s case, it was time to buy a ranch. “I didn’t know what that meant frankly. It was kind of a romantic idea that I had of buying a piece of ground. I was really looking for 100 acres and a river, and that’s the hardest single thing to find. And I kept at it, kept at it, kept at it. My wife never believed it would come to fruition. And it did. And it was a life-changing experience for the whole family,” he says. Oddly enough, the property they now own didn’t fare that well in the initial judging. “The first time I looked at the ranch that we now own, it didn’t take. And I’ve often wondered why. I was at the end of a long day. I was tired. We’d been fishing, pretty hot,” he says. The second go, however, was a charm. “I went back and rode the property with the then owner and saw all the dimensions of it and fell in love with it,” he says. The next step was to convince his wife. “I got two partners because my wife was so resistant to the idea,” Brokaw admits. “I didn’t want to step off the cliff on my own and paralyze me. So I had two partners at the time, and we bought it. And it took my wife six months to come out, and then she fell in love with it. And now we own it entirely.” The land itself is just over a mile high. Crow Indians once used it as a summer hunting ground. A Norwegian immigrant homesteaded the property in the early 1900s. In 1989, the New York broadcaster began journeying west with his family. At first it was for a week at a time. Then two. Last summer the Brokaws spent four months on their West Bolder Ranch. Brokaw describes his experience as a landowner as an evolution. “We tried everything,” he says. “We took the fences down where we didn’t like them. We fenced off the riparian zone because we wanted to bring that back. The cattle were allowed to graze right down to the river. We had a leafy spurge problem that we didn’t know what that meant. Then we found ways of trying to deal with that. Putting sheep on and getting biologicals, and it got to be interesting. With every passing year we came to know more about what we were involved in and what was required. I’m to the point now where I think that we’ve been good stewards of the land. We’ve worked hard at it. Getting the leafy spurge down. Keeping the grasses down. “We run bison on about half the ranch. On the other half, we lease to a local cowboy who … has a mother-calf operation. It’s good for that part of the land where he grazes his cows because it keeps the grass down. We had fires last year that, I think to a lot of outsiders, were pretty destructive. To us they were renewing. They burnt primarily our grassland, although some timber as well. But I’m relieved. Nobody got hurt. No structures were burned, and it’s going to be good for the ground.” After almost two decades on his property, Brokaw is anything but a passive landowner. The pace of his voice quickens as he describes the challenges the land affords, the biological puzzles, and the sort of problem solving that has stimulated as well as preoccupied Montana landowners for generations. At times there was a bit of a learning curve. “One of the big mistakes is that we tried to run cows for a while on our own and have a cow-calf operation. It was too high, too wet, too cold to calf. We were doing it, in part, for the managers that we had at the time–a couple that wanted to make some extra money and loved doing it. And it just wore them down and wore us out as well. So that was a mistake,” he says. One of his prouder accomplishments is a project that was undertaken in conjunction with a neighbor to increase the upland bird population. “We put in two acres of milo down along the wetlands just so that they would have some feed. And we’ve allowed grasses to grow higher in some of the ravines,“ he says. Such stewardship has paid big dividends. “We’re going to work harder at it now because we’ve learned that if you do just a few things the right way, the bird population goes way up. It’s Hungarian partridge and sharp-tailed grouse but also rough grouse and other things.” “Tom is a student, an inquisitive fellow,” says renowned horseman Buck Brannaman, who takes my call at his Wyoming home. Brannaman knows the county in and around West Boulder Ranch. He served as a technical advisor on the set of The Horse Whisperer, which was filmed not far from the property. Brannaman met Meredith Brokaw not long after the couple closed on the ranch in 1989. He was giving one of his many annual clinics, and she attended. She so enjoyed his approach to horsemanship that she invited him to conduct a private clinic at the family’s ranch. Brannaman has been a regular every summer since. “It’s kind of a tradition,” Brannaman says. “The clinic is usually four days. Tom and Meredith keep it small. They always invite about 10 of their family and friends. It’s a family get-together for them–they’ve got a great family–and it’s become a real social thing for us. We do a little fly-fishing. We always have dinner on the Fourth of July at Mike Keaton’s place [the actor owns property nearby]. And then we go back to the Brokaws‘. Every year Tom sets off fireworks on the bridge. I think he’s a pyromaniac at heart.” Newcomers are always subject to scrutiny, especially in Montana, a state whose incomparable beauty has been attracting well-heeled buyers from both coasts for decades. “Frankly, there is always going to be a certain element among the locals that are not going to understand Tom,” Brannaman says. “He’s too famous. He couldn’t possibly be like-minded. But I couldn’t disagree more. Tom is very astute. Very open-minded. Ask him about his ranch 10 years from now, and I promise you what he’ll tell you will be different then from what he’ll tell you today. Each piece of property is different. Tom knows that. He knows that you have to learn your ranch. That’s kind of the fun stuff.” When it comes to fitting in, Brokaw knows his place, and he knows it for the right reasons. Despite his high-profile status and worldly mien, he’s small-town born and bred. He knows better than to put on airs. Red Brokaw saw to that. In A Long Way From Home, Brokaw shows no shame in listing the lessons he learned from his hardworking father and the bruising his ego took when he needed to be put in his place. It’s given him an equanimity that serves him well as a newcomer. “When I first moved there, I was stopped on the streets of Livingston and Big Timber by every other cowboy saying, ‘I used to hunt on your property. Can I do it again?’   And I said, You know, I’m just going to have to say no to everyone until we sort this out.’ And then we hired an outfitter who had rights on there. And he came and said, ‘I’d like to put some hunters in.’ So we did a trade with him. I don’t think we ever got our end of the trade. That’s fine. And I said, ‘Sure, come on with your hunters.' And then our manager hunts. And then we generally allow the guy who does our waste management stuff. He comes and picks up the trash once a week. And I think the UPS driver this year got to shoot a cow. “As I often say to my friends, and I’ve got a lot of friends who lived in Montana all their lives, I say, ‘You know, when I first started coming to this area, I don’t remember the local ranchers standing out in the highway saying, ‘Come hunt on my land,’ or ‘Please come fish in my section of the stream. I’d love to have you over here.’ It didn’t happen that way,” he says. Brokaw recognizes the responsibilities that come with owning land. “For the most part, most people are buying that land because of its beauty, and it speaks to them in a way. And certainly that’s our intention.” Phrases like “getting biologicals” and “good for the ground” are the type of talk one typically doesn’t hear emanating from a corner office at Rockefeller Center. Maybe at Val’s Deli in Wilsall, Montana. Then again, this is Tom Brokaw speaking. Not the Tom Brokaw with 10 Emmys lining his office walls, but the one whose bison herd will put on more pounds because of the richer soil. The man has found a way to balance two wildly divergent lifestyles, and he’s done so in a manner that not only is rewarding for him and his family but also is a challenge. “It’s a constant state of discovery I’d say about my two lives,” he says. “This is part of my life, and that’s part of my life. I get up every morning in New York City thinking something exciting is going to happen in this city today. This is just the nature of the city. I get up every morning in Montana saying, ‘I’m going to see something today I haven’t seen before.’”]]> 10731 0 0 0 https://landreport.com/2020/01/2020-land-expo/ Wed, 01 Jan 2020 07:00:24 +0000 https://www.landreport.com/?p=16765 KEYNOTE SPEAKER | Donald Trump took center stage at the 2015 Land Expo.[/caption]

It wasn’t too long ago that people turned their attention to Iowa in the dead of winter roughly once every four years. But today, each and every January, you’ll see pundits, presidential hopefuls, economists, entrepreneurs and reality TV stars in downtown Des Moines, and it’s all because of the Land Investment Expo, which has been presented annually by Peoples Company since 2008.

Celebrating its 13th installment on January 13 and 14, this agricultural summit has welcomed entrepreneurs such as Martha Stewart, Kevin O'Leary, and Boone Pickens as well as political commentators such as Mary Matalin and James Carville. Policy makers such as Secretary of Agriculture Tom Vilsack, Senate Finance chairman Chuck Grassley, Senator Joni Ernst, and Iowa Governor Kim Reynolds have all participated in previous Expos.

The 2020 Expo will feature a double witching moment when its keynote speakers — presidential historian Jon Meacham and former White House Communications Director Anthony Scaramucci — take center stage at the Iowa Events Center the same day as the Democratic presidential debate at Drake University hosted by the Des Moines Register and CNN. The last time the Land Investment Expo and Iowa politics collided like was in 2015 when Donald Trump gave the keynote address during the earliest days of his presidential campaign.

]]> 16765 0 0 0 https://landreport.com/2020/05/gear-guide-bush-whacker/ Wed, 20 May 2020 07:00:19 +0000 https://landreport.com/?p=16991 Thanks to its removable doors and a folding windshield, the 2020 JEEP GLADIATOR offers dozens of different configurations for every possible condition. Rubicon trim brings impressive angles of approach and departure, tow hooks, integrated rock rails, underbelly protection, and 11 inches of ground clearance. The bed can hold 19 sheets of plywood, and the beast can tow 7,650 pounds with a 1,600-pound payload. Updated Pentastar V6 with 8-speed auto, 6-speed manual, or new 3-liter diesel. Command-Trac and Rock-Trac 4x4 systems, Dana 44 axles, electric front- and rear-axle lockers, limited-slip differential, electronic sway-bar disconnect and 33-inch off-road tires. Forward-facing off-road camera shows obstacles.

2020 JEEP GLADIATOR from $33,545 | JEEP.COM

]]> 16991 0 0 0 https://landreport.com/2020/06/gear-guide-trail-blazer/ Thu, 25 Jun 2020 07:00:40 +0000 https://landreport.com/?p=17060 2020 HONDA FOURTRAX FOREMAN RUBICON comes in four models that bring more aggressive styling with redesigned grille and front bumper, bigger engine displacement for quicker acceleration and improved hauling and towing, upgrades to gearing, plus a new utility box and rack that allow more accessorizing with an all-new line of add-ons.

2020 HONDA FOURTRAX FOREMAN RUBICON

From $8,699]]> 17060 0 0 0 https://landreport.com/2020/12/land-report-top-ten-fall-2020/ Wed, 09 Dec 2020 07:00:08 +0000 https://landreport.com/?p=17398 FOUR SIXES RANCH in King County, Texas[/caption] The FOUR SIXES RANCH has 119 pastures ranging in size from hundreds of acres to more than 15,000. 1. FOUR SIXES RANCH | $341 MILLION [NEW] Comprised of three divisions totaling more than 266,000 acres in Texas’s Big Ranch Country, the historic 6666 was established by Samuel “Burk” Burnett and has been shepherded by his descendants for more than a century. Sam Middleton of Chas. S. Middleton and Son has the listing. 2. BREWSTER RANCHES | $319 MILLION This massive assemblage of 420,000 acres in the Big Bend country of Far West Texas consists of five major ranches available singly or as one mega ranch. Listed with King Land & Water. 3. GATEWAY CANYONS | $279 MILLION Discovery Channel creator John Hendricks’s 6,900-acre West Creek Ranch is being offered in conjunction with his adjacent 72-room full-service resort, Gateway Canyons. Kerry Endsley with LIV Sotheby’s International Realty has the listing. 4. SANDOW LAKES RANCH | $250 MILLION Owned by Alcoa, this 31,631-acre Central Texas holding enjoys close proximity to Austin and San Antonio and has 14 deepwater lakes, significant ground water rights, and substantial diversionary water rights. Bernard Uechtritz of Icon Global has the listing. 5. ASPEN VALLEY RANCH | $220 MILLION This 813-acre Colorado ranch was acquired out of bankruptcy by Cheniere Energy founder Charif Souki for $27 million and has seven residences with 31 bedrooms. Chris Souki and Carrie Wells at Coldwell Banker Mason Morse Real Estate share the listing. 5. MESA VISTA RANCH | $220 MILLION Boone Pickens’ 100-square-mile Texas Panhandle sanctuary saw a price reduction of $30 million earlier this year. Monte Lyons of Hall and Hall and Sam Middleton of Chas. S. Middleton and Son share the listing. 7. WHITNEY PARK | $180 MILLION The Wall Street Journal reports that John Hendrickson is selling the 36,000-acre New York estate of his late wife, Marylou Whitney. Hendrickson has elected to represent himself in the marketing of the Adirondack landmark. 8. GEMINI | $137.5 MILLION Originally listed for $195 million, the Ziff family’s Palm Beach estate fronts both the Atlantic Ocean and the Intracoastal Waterway in South Florida. Listed with Todd Peter and Cristina Condon of Sotheby’s International Realty. 9. BULL SPRINGS SKYLINE FOREST | $127 MILLION Situated near Bend, Oregon, this 32,995-acre timber tract offers significant recreational potential as well as numerous development opportunities. Listed with Bart Miller and Robb Van Pelt of Mason Morse Ranch Company. 10. MATADOR RANCH | NEW $124 MILLION A robust cattle operation and world-class hunting are hallmarks of this storied ranch, which dates back to the 1870s. Sam Middleton of Chas. S. Middleton and Son has the listing.]]> 17398 0 0 0 https://landreport.com/2021/09/talpa-quail/ Fri, 24 Sep 2021 17:47:50 +0000 https://landreport.com/?p=17842 Located in Runnels County the Talpa Quail Ranch is a low fence turnkey wildlife ranch. The ranch is approximately 826 +/- acres well managed for quail habitat/hunting. The brush, grasses, and forage support quail, turkey, and deer hunting with excellent brush throughout the ranch for quail nesting and enjoyable quail hunting. There are also 7 fields on the ranch with 6 of them planted with native perennial seeds offering cover and feed for the wildlife around the property. The ranch has a north and south entrance both of which lead to the ranch house. As of 2018/2019 this newly remodeled home with 3 bedroom, 2 full bath 1940+/- sq ft ranch house sits in the center of the property with a 360-degree view of the land. The ranch house has 3 bedrooms, 2 full baths, 1 large office room, a comfy living room, beautiful kitchen, dining room, walk-in washer and dryer room with a fenced-in front and backyard, a cattle guard on both sides of the house, and garage/covered driveway next to the house. The Talpa Quail Ranch is a one-of-a-kind ranch ready for its next owner for this upcoming hunting season!

Property Map and Tours

Wildlife/Habitat: The ranch has bobwhite quail, dove, seasonal ducks, Rio Grande turkeys, and whitetail deer. When touring the ranch, you will notice the beautiful landscape when you first drive into the ranch full of tall grass and a good amount of ragweed. The ranch has a whopping 15 feeders scattered throughout the ranch that feed milo year-round and 6 large fields planted with perennials to feed the wildlife but also great soil for farming. View Full Listing GET IN TOUCHRanchland Real Estate Trey Bonner 713-444-4114 trey@ranchlandrealestate.com

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]]> https://landreport.com/2007/05/the-tom-brokaw-interview-2/ Tue, 01 May 2007 00:00:09 +0000 http://67.205.9.54/?p=53 By Eric O'Keefe Tom Brokaw has had a front-row seat at some of the most momentous events in recent history, yet to hear him tell it, what happened on an isolated river bank on his Montana ranch a couple of years ago could well be just as unforgettable. For decades, millions of Americans tuned in to Tom Brokaw when they wanted answers. So much so that when the NBC anchorman stepped down in 2004, the Peacock Network wisely offered him a 10-year contract extension to produce documentaries and sit in on major events. In an age of media midgets, this is one guy who didn’t need to be on the market. But Brokaw is also a gifted storyteller, a fact well known to anyone who has read The Greatest Generation or his autobiography, A Long Way From Home. This facility quickly becomes evident one afternoon at his NBC office overlooking Rockefeller Center. The conversation had shifted from dates and places to the Tom Brokaw America doesn’t see on TV, the man who emerges when he arrives in Montana and sets foot on his ranch. Brokaw starts off by describing how much he loves to go out by himself. “I think the wilderness is at best a solitary experience,” he says, then quickly cuts to the chase: “I’ll tell you one quick story. This is, for me, the apotheosis of the Montana experience. “Two years ago in the early spring, I was out by myself on our property. And I was on a ridge overlooking a bend in the river, and a herd of mother elk came out with their newborn calves. The calves couldn’t have been more than three weeks old. River’s running very high. They took a long look at me. I’m 150 yards away. I stood stock still. The mothers led the calves into the high river. Most of them made it. They had to kind of crash their way through the hawthorn bushes on the other side. One did not. It got swept downstream. Made its way onto an eddy, got back on the sandbar, tried a second time, missed a second time, missed a third time. Now it’s pretty tired. Goes up and stands on the sandbar, and it just looks painfully at its mother across the way. Honest to God, this cow elk looked at that calf and nodded, waded back into the river, nuzzled the calf, led it upstream to a safer part of the river and across the river where the rest of the herd of mothers and their offspring were waiting, and then they disappeared over the hill. “I challenge you to duplicate that anywhere else in American life. It was just the most rewarding kind of experience. It’s truly spiritual in its own way, and I keep that memory with me with a lot of others,” he says. Brokaw’s enthusiasm for this other life of his masks a key fact: Montana wasn’t even on his radar screen until he was almost 50. Although he grew up next door in South Dakota–his family had homesteaded in the Dakota Territory in the late 1800s–his career as a journalist took him every place but the American West. He started at KMTV in Omaha, anchored the late evening news on WSB-TV in Atlanta, and then joined KNBC-TV in Los Angeles. He got tapped for the big leagues in 1966 when NBC News hired him, and with the exception of a stint as the network’s White House correspondent in the 1970s he’s been working in New York City, anchoring the Today show from 1976 to 1981 and the Nightly News from 1982 to 2004. So how did he first make his way to Montana? On assignment of course. “I was drawn to Montana originally because I went out there to shoot a documentary, and also I was invited to the Montana Bar Association to give a speech,” he says. “The fee that I came up with was they had to drop me at a trail head and pick me up five days later. My wife and I were pretty avid backpackers at the time. And we’d not been in Montana before that. We were thunderstruck frankly by the amount of space that was there–not just the national parks, which we were familiar with, but the wilderness areas and other places.” What got him back a second time? Another assignment. “I shot a documentary in a small town called Absarokee down in Stillwater County about the disappearing family ranch … and it became more of an organic relationship at that point,” he says. Point of fact: When anyone with substantial media experience describes a relationship as “organic,” a major acquisition is imminent. In Tom and Meredith Brokaw’s case, it was time to buy a ranch. “I didn’t know what that meant frankly. It was kind of a romantic idea that I had of buying a piece of ground. I was really looking for 100 acres and a river, and that’s the hardest single thing to find. And I kept at it, kept at it, kept at it. My wife never believed it would come to fruition. And it did. And it was a life-changing experience or the whole family,” he says. Oddly enough, the property they now own didn’t fare that well in the initial judging. “The first time I looked at the ranch that we now own, it didn’t take. And I’ve often wondered why. I was at the end of a long day. I was tired. We’d been fishing, pretty hot,” he says. The second go, however, was a charm. “I went back and rode the property with the then owner and saw all the dimensions of it and fell in love with it,” he says. The next step was to convince his wife. “I got two partners because my wife was so resistant to the idea,” Brokaw admits. “I didn’t want to step off the cliff on my own and paralyze me. So I had two partners at the time, and we bought it. And it took my wife six months to come out, and then she fell in love with it. And now we own it entirely.” THE LAND ITSELF IS JUST OVER a mile high. Crow Indians once used it as a summer hunting ground. A Norwegian immigrant homesteaded the property in the early 1900s. In 1989, the New York broadcaster began journeying west with his family. At first it was for a week at a time. Then two. Last summer the Brokaws spent four months on their West Boulder Ranch. Brokaw describes his experience as a landowner as an evolution. “We tried everything,” he says. “We took the fences down where we didn’t like them. We fenced off the riparian zone because we wanted to bring that back. The cattle were allowed to graze right down to the river. We had a leafy spurge problem that we didn’t know what that meant. Then we found ways of trying to deal with that. Putting sheep on and getting biologicals, and it got to be interesting. With every passing year we came to know more about what we were involved in and what was required. I’m to the point now where I think that we’ve been good stewards of the land. We’ve worked hard at it. Getting the leafy spurge down. Keeping the grasses down. “We run bison on about half the ranch. On the other half, we lease to a local cowboy who ... has a mother-calf operation. It’s good for that part of the land where he grazes his cows because it keeps the grass down. We had fires last year that, I think to a lot of outsiders, were pretty destructive. To us they were renewing. They burnt primarily our grassland, although some timber as well. But I’m relieved. Nobody got hurt. No structures were burned, and it’s going to be good for the ground.” After almost two decades on his property, Brokaw is anything but a passive landowner. The pace of his voice quickens as he describes the challenges the land affords, the biological puzzles, and the sort of problem solving that has stimulated as well as preoccupied Montana landowners for generations. At times there was a bit of a learning curve. “One of the big mistakes is that we tried to run cows for a while on our own and have a cow-calf operation. It was too high, too wet, too cold to calf. We were doing it, in part, for the managers that we had at the time–a couple that wanted to make some extra money and loved doing it. And it just wore them down and wore us out as well. So that was a mistake,” he says. One of his prouder accomplishments is a project that was undertaken in conjunction with a neighbor to increase the upland bird population. “We put in two acres of milo down along the wetlands just so that they would have some feed. And we’ve allowed the grasses to grow higher in some of the ravines,” he says. Such stewardship has paid big dividends. “We’re going to work harder at it now because we’ve learned that if you do just a few things the right way, the bird population goes way up. It’s Hungarian partridge and sharp-tailed grouse but also rough grouse and other things.” “Tom is a student, an inquisitive fellow,” says renowned horseman Buck Brannaman, who takes my call at his Wyoming home. Brannaman knows the country in and around the West Boulder Ranch. He served as a technical adviser on the set of The Horse Whisperer, which was filmed not far from the property. Brannaman met Meredith Brokaw not long after the couple closed on the ranch in 1989. He was giving one of his many annual clinics, and she attended. She so enjoyed his approach to horsemanship that she invited him to conduct a private clinic at the family’s ranch. Brannaman has been a regular every summer since. “It’s kind of a tradition,” Brannaman says. “The clinic is usually four days. Tom and Meredith keep it small. They always invite about 10 of their family and friends. It’s a family get-together for them–they’ve got a great family–and it’s become a real social thing for us. We do a little fly-fishing. We always have dinner on the Fourth of July at Mike Keaton’s place. [The actor owns property nearby.] And then we go back to the Brokaws’. Every year Tom sets off fireworks on the bridge. I think he’s a pyromaniac at heart.” Newcomers are always subject to scrutiny, especially in Montana, a state whose incomparable beauty has been attracting well-heeled buyers from both coasts for decades. “Frankly, there is always going to be a certain element among the locals that are not going to understand Tom,” Brannaman says. “He’s too famous. He couldn’t possibly be like-minded. But I couldn’t disagree more. Tom is very astute. Very open-minded. Ask him about his ranch 10 years from now, and I promise you what he’ll tell you will be different then from what he’ll tell you today. Each piece of property is different. Tom knows that. He knows that you have to learn your ranch. That’s kind of the fun stuff.” WHEN IT COMES TO FITTING IN, BROKAW knows his place, and he knows it for the right reasons. Despite his high-profile status and worldly mien, he’s small-town born and bred. He knows better than to put on airs. Red Brokaw saw to that. In A Long Way From Home, Brokaw shows no shame in listing the lessons he learned from his hardworking father and the bruising his ego took when he needed to be put in his place. It’s given him an equanimity that serves him well as a newcomer. “When I first moved there, I was stopped on the streets of Livingston and Big Timber by every other cowboy saying, ‘I used to hunt on your property. Can I do it again?’ And I said, ‘You know, I’m just going to have to say no to everyone until we sort this out.’ And then we hired an outfitter who had rights on there. And he came and said, ‘I’d like to put some hunters in.’ So we did a trade with him. I don’t think we ever got our end of the trade. That’s fine. And I said, ‘Sure, come on with your hunters.’ And then our manager hunts. And then we generally allow the guy who does our waste management stuff. He comes and picks up the trash once a week. And I think the UPS driver this year got to shoot a cow. “As I often say to my friends, and I’ve got a lot of friends who lived in Montana all their lives, I say, ‘You know, when I first started coming to this area, I don’t remember the local ranchers standing out in the highway saying, ‘Come hunt on my land,’ or ‘Please come fish in my section of the stream. I’d love to have you over here.’ It didn’t happen that way” he says. Brokaw recognizes the responsibilities that come with owning land. “For the most part, most people are buying that land because of its beauty, and it speaks to them in a way. And they want to preserve those great natural qualities. And certainly that’s our intention.” Phrases like “getting biologicals” and “good for the ground” are the type of talk one typically doesn’t hear emanating from a corner office at Rockefeller Center. Maybe at Val’s Deli in Wilsall, Montana. Then again, this is Tom Brokaw speaking. Not the Tom Brokaw with 10 Emmys lining his office walls, but the one whose bison herd will put on more pounds because of the richer soil. The man has found a way to balance two wildly divergent lifestyles, and he’s done so in a manner that not only is rewarding for him and his family but also is a challenge. “It’s a constant state of discovery I’d say about my two lives,” he says. “This is part of my life, and that’s part of my life. I get up every morning in New York City thinking something exciting is going to happen in this city today. This is just the nature of the city. I get up every morning in Montana saying, ‘I’m going to see something today I haven’t seen before.’”]]> 51833 0 0 0 https://landreport.com/2007/05/will-easement-incentives-be-extended/ Tue, 01 May 2007 07:00:09 +0000 https://www.landreport.com/?p=87 By Joseph Guinto Speak now or forever lose your easement. A tax break for conservation-related land donations-known as conservation easements-is about to expire. That is unless Congress does something about it. The tax break, signed into law by President Bush in August 2006, vastly expanded the deductions landowners could get in exchange for donating their lands to trusts and surrendering the right to develop those lands. But unless the tax break is extended, it will only apply to lands donated in 2006 or 2007 Some landowner lobby groups are pushing hard for an extension, as are members of Congress, who note that the temporary tax deductions passed in 2006 added to the increasing popularity of conservation easements. The Land Trust Alliance, a Washington, D.C.-based interest group, reports that even before the new tax breaks went into effect, the total acreage of conservation easements under control of land trusts had skyrocketed. Acreage under easement increased 148 percent from 2000 to 2005, reaching 6.2 million acres at last count. For landowners of moderate income, whom the 2006 bill was intended to help, a lot is at stake if the tax break is not extended. The government offers this example: Under the current law, if a rancher earning $50,000 a year on a ranch appraised at $2 million donated half his property to a conservation easement, he would be able to receive $800,000 in tax deductions over a maximum of 16 years. Once the law expires, the maximum tax break on the same donation would fall to $90,000 over a maximum of six years. Numbers like that have inspired influential Democrats and Republicans in Congress to sponsor bills that would permanently extend the 2006 tax break.]]> 51848 0 0 0 https://landreport.com/2007/06/north-carolina-land-disappearing-quickly/ Fri, 01 Jun 2007 07:00:10 +0000 https://www.landreport.com/?p=95 By Rhonda Reinhart Researchers based their predictions on the state's development rates over the past 20 years. During that time, the report says, North Carolina lost almost 2.4 million acres of open land. That's 325 acres a day. The study also shows that developed land in the state has increased by nearly 1.9 million acres since 1987. Environment North Carolina hopes the report, which can be read at www.environmentnorthcarolina.org, will be an eye opener for lawmakers and is supporting the Land and Water Conservation Bond Act, a plan that would allow $1 billion to be spent over the next five years on protecting the state's resources. "These predictions about our vanishing forests and farmlands are based on trends of the past," said Elizabeth Ouzts, director of Environment North Carolina. "But North Carolina lawmakers still have the chance to protect our state's most important natural areas for the future."]]> 51859 0 0 0 https://landreport.com/2007/04/the-end-of-the-conservation-reserve-program/ Sun, 01 Apr 2007 00:00:47 +0000 https://www.landreport.com/?p=100 51862 0 0 0 https://landreport.com/2007/06/how-to-buy-a-vineyard/ Fri, 01 Jun 2007 07:00:28 +0000 https://www.landreport.com/?p=175 I came across this little ditty from the June 2007 issue when Julie Blacklidge profiled Francis Ford Coppola and we got some great interview footage of FFC that is now in our Video Archives. I think a more complete How To is in order on this topic, and I'll be looking for some wing men to take on the task. PASSION PLAY Just a few decades ago, the Napa Valley boasted almost as many acres of prune farms and cow pastures as it did Cabernet and Chardonnay. Now it is home to the most coveted vines in the country, mature vineyards that can fetch up to $250,000 per acre. As with any real estate investment, start off by deciding how much or little time and money you want to invest. Is this a land play or a lifestyle decision? Do you really want to buy a working winery and deal with federal, state, and county officials, or would you be better off letting a vineyard management company take care of your grapes while you enjoy a locally produced Sauvignon Blanc and the views of the Mayacama Mountains off your back porch? Larger properties, such as the Rubicon Estate, are generally bought and sold in corporate transactions or through investment houses, says Mike Silvas at Morgan Lane Real Estate (www.morganlane.com). In his experience, traditional real estate agencies tend to market smaller boutique wineries, say, up to $30 million in price, as well as homes and raw land. Not surprisingly, Silvas knows the grape game cold. “You can generally harvest 3 tons of the best Cabernet Sauvignon per acre. So at $3,000 to $5,000 per ton, you’re looking at $9,000 to $15,000 gross. Factor in a cost of $6,000 to $9,000 per acre to grow and harvest those grapes, and you can see why bigger vineyards make more sense financially,” Silvas says. You can always buy raw land and build. Silvas estimates that construction costs top out at $500 per square foot. And don’t forget about property taxes, which run 1.25 percent of total value and can only be increased a maximum of 2 percent per year.]]> 51897 0 0 0 https://landreport.com/2007/05/test-drive-a-property-before-you-buy-it/ Tue, 01 May 2007 07:00:46 +0000 https://www.landreport.com/?p=168 Ever dream of owning your own vineyard? Want to open a guest ranch? Try before you buy at one of these award-winning operations.Horse Farm Alisal Guest Ranch Solvang, California Rate: $465 and up 888-425-4725 www.alisal.com SO YOU THINK YOU LIKE HORSES? Like to putter around the barn morning, noon, and night? Then make your way to this 10,000-acre ranch in the heart of Santa Barbara County, which has been owned by the Jackson family since 1943. There’s plenty to do at the Alisal–two golf courses and an extensive tennis program come to mind–but in my book it’s the string of 100 horses and the almost unlimited acreage for riding that set this place apart. “Next to children, horses are the best cure for disposable income”. Trail-tested wranglers can answer all your questions, teach you how to sort cattle, and lead you through the Santa Ynez Valley. But when it comes to the big-picture ideas, what should you take away from your experience at Alisal? Gary Vorhes has a suggestion or two. The former editor of Western Horseman, Vorhes has had a career that’s been all about horses, on the job and at his own horse farm. “Next to children, horses are the best cure for disposable income,” Vorhes says between laughs. He offers two key suggestions. The first is to go into the horse business with a clear, concise marketing plan. “Where are you going to be five or six years from now when you have some foals?” he asks. “That’s where bloodlines come in. A lot of people don’t care about the individual horse. It’s the pedigree they’re dragging behind them that counts. It doesn’t matter if it’s racing, cutting, or rodeo, the most successful horsemen and women are the ones who are able to sell weanlings or ones before they even hit the ground because they have established a reputation. The marketing is done for them.” Vorhes’ second piece of advice? “Buy the right piece of land. Pick a strategic spot. You’ll be raising horses in a gold mine. It changes the whole ball game,” he says.

One last observation: “Every foal that hits the ground is a miracle, and when it’s your foal it’s THE miracle.” –Eric O’Keefe

“The one thing we always do is plant things we can use”. Herb Farm Fredericksburg Herb Farm Fredericksburg Texas Rate: $145 to $185 800-259-4372 www.fredericjsburgherbfarm.com WE REALLY STUDY WHAT WE’RE doing. We have a story to tell, and we tell it in everything we do,” says Bill Varney, who owns and runs the renowned herb farm with his wife, Sylvia. The Varneys fast-forwarded their own story in 1991 when they cashed in the house they called home and bought four acres in Fredericksburg, a gem of a town in the Texas Hill Country. Included on the land were a limestone farmhouse that dated back to 1882, a two-bedroom cottage, a small wooden barn, and a couple of sheds. It’s worth noting that the property itself had been abandoned sometime in the 1970s. Wild turkeys and a host of snakes had established themselves as the lords of the realm. Not that any dilapidation is visible today. Instead visitors stroll through acres of expansive gardens. They peruse wonderfully scented rooms, buy exquisitely packaged personal care products, dine on herb-crusted delicacies, and indulge in aromatherapy treatments. “It got to the point that business at the day spa picked up so much that we moved out of our house and it became the spa,” Varney says. In addition to their ever-expanding product line, the Varneys have coauthored two books (Along the Garden Path and Herbs: Growing & Using the Plants of Romance) and host an annual spring herb festival. “The one thing we always do is plant things we can use. There’s nothing ornamental about our gardens. Even the pine cones and the seed pods get used as decorations,” Varney says. Clearly this couple knows their business, which is why anyone remotely interested in growing herbs, cultivating flowers, or maybe even setting up an online company that specializes in these products should make reservations at the herb farm’s bed and breakfast.

What’s to lose? Varney says, “three or four days at an amazing relaxing place that integrates herbs into cuisine, aromatherapy, well-being, and personal care.”

–Eric O’Keefe Vineyard Youngberg Hill Vineyards & Inn McMinnville, Oregon Rate: $250 to $550 888-657-8668 www.youngberhill.com YOU LOVE THE TASTE, THE AROMA, the sound of a cork popping. You’ve studied the various grapes, and you’ve perfected your ordering technique. You might even say wine is your passion. With “do what you love” as your mantra, maybe you’ve decided you could have a vineyard or winery of your very own. But before you sign that check, schedule a trip to Youngberg Hill Vineyards & Inn in Oregon’s Willamette Valley. For the past two years this bed and breakfast, located on 50 acres outside McMinnville, has been offering half-day and full-day packages that allow guests to spend time in Youngberg Hill’s working vineyard and winery. The folks at Youngberg Hill tailor the packages to fit each guest’s goals. Want to experience harvest? Depending on the time of year and the weather, they can make it happen. Want to see how the winery works? They can show you. You’ll get one-on-one time with a winemaker, a vineyard manager, or the owner–maybe even all three. Other than fostering an appreciation for the land and the creation of fine Pinot Noir, no two vineyard packages are the same. “It’s not a cookie-cutter experience,” says Youngberg Hill owner Nicolette Bailey. Before purchasing the vineyard, Bailey was doing wine distribution in Chicago, so she’s familiar with the city folks who come to the vineyard not knowing what to expect. She used to be one of them. “The process is eye-opening for people,” she says. “I’ve had people who didn’t understand that growing  grapes is farming.” Walking the vines, tending grapes, getting muddy–it’s all part of the deal. Besides being nationally renowned for its Pinother Noir, the Willamette Valley is also close to Portland and spans more than 5,000 square miles, making it an ideal venue for getting into the grape game. And Youngberg Hill, with its organic and sustainable farming practices, is dedicated to keeping the area in top shape. “It’s not just about growing grapes,” Bailey says. “It’s about doing things right for the environment.” And in case you were wondering, she couldn’t be more pleased that she pursued a passion. “There were a lot of Green Acres moments, but I’ve never regretted it.” –Rhonda ReinhartGuest Ranch The Home Ranch Clark, Colorado Rate:$5,075 per week (double occupany) 970-879-1780 www.homeranch.com WANT TO WITNESS FIRSTHAND how to run a great guest ranch? This is the place to go. Thirty years ago, Steve and Ann Stranahan fell in love with an amazing piece of property in Northern Colorado: two large aspen-covered meadows bordering the Routt National Forest less than 20 miles from the popular ski town of Steamboat Springs. They closed on the property the following year (1978) and welcomed guests to The Home Ranch in 1980. Fly-fishing, hiking, horseback riding–the list of outdoor activities in the Colorado Rockies is endless, but the kicker is that The Home Ranch is also a member property of Relais & Chateaux. Head chef Clyde Nelson has been featured in Gourmet, Bon Appétit, and Food & Wine. So what does it take to run a ship this size? Johnny Fisher, general manager of The Home Ranch, says a love for working with the land, the livestock, and the people is imperative to running a successful guest ranch. “For people who are tired of working with people, running a guest ranch is not for you. Every year I go to these conventions, and there is always someone who stands up and says, ‘I swear, kids these days ...’ And I just think to myself, it’s time for him to retire.” Flexibility is also a key ingredient to a well-run ranch. Fisher says rearranging the staff schedule is usually his first challenge in the morning. “You have to be able to juggle people around and pull up loose ends. Some days I will do shoeing because my wrangler is injured or wash dishes because my dishwasher is sick.” After managing The Home Ranch for four years, Fisher has learned to wear many hats, and he says he wouldn’t have it any other way. “I’ll tell you this much, it’s never the same old, same old around here–this place keeps me on my toes. But the best part about working here is that I never have to spend a minute in rush-hour traffic.” –Amy Hallford]]> 51903 0 0 0 https://landreport.com/2022/08/yellowstone-river-farm/ Tue, 23 Aug 2022 15:06:52 +0000 https://thelandreport.c51dev.com/?p=56759 https://www.youtube.com/watch?v=jk8zdS7US2A View Full Listing

Peoples Company

Adam Woiblet (590) 520-6117 • Adam@AgTradeGroup.com Learn More ]]> 56759 0 0 0 The Yellowstone Farm Offering is located in Custer County less than nine miles northeast of Miles City, an eastern Montana town steeped in old west history that was once one of the main horse trading and livestock centers of the country. The farmed portion of the property consists of 3,290 acres m\/l currently tilled with 2,700 m\/l of those under irrigation. The ranch portion of the property consists of 3,881 acres m\/l of grass lands suitable for summer and winter pasture. Approximately 85 percent of the farm has fencing in place enabling grazing at various times of the year.<\/p>

A total of 29 newer, mostly Zimmatic pivots are irrigated via water rights included with the sale. The water rights are served from the Yellowstone River through both local irrigation districts and a newly reconstructed direct pumping site owned by the farm itself. Primary pipelines from the river, and a series of canals and inter-farm mainlines deliver water to all the irrigation systems.<\/p>

With productive soils, robust water rights and newer irrigation infrastructure, this farm has supported numerous crops over the years including current primary crops such as soybeans, corn, alfalfa, sorghum\/millet, triticale and wheat. Recent crop history has included safflower, pinto beans, sunflowers, chickpeas, barley, and seed potatoes. Further back in history sugar beets were produced on the farm. All of these combined characteristics, along with a location remote from other current seed producers, make this farm ideal for high value seed production and also for continued success in the feed and forage sector.<\/p>

In addition to the farm and ranch perspectives of this offering, there are also more than two and a half miles of pristine Yellowstone River frontage offering excellent trophy fishing, big game, waterfowl and upland bird hunting opportunities. In fact, recreational use is so highly sought after on this property that the State of Montana currently has a lease in place with current ownership, at the highest value possible, to offer hunting and fishing opportunities to local sportsman. <\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"98c3b20"}],"drop_cap":"yes"},"elements":[],"widgetType":"text-editor"},{"id":"c717d1d","elType":"widget","settings":{"youtube_url":"https:\/\/www.youtube.com\/watch?v=jk8zdS7US2A","vimeo_url":"https:\/\/vimeo.com\/235215203","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0265898"}]},"elements":[],"widgetType":"video"}],"isInner":false}],"isInner":false},{"id":"837cbe6","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"5043215"}],"margin":{"unit":"px","top":"20","right":0,"bottom":"20","left":0,"isLinked":false}},"elements":[{"id":"40abb32","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d52acd8"}]},"elements":[{"id":"65ba75f","elType":"widget","settings":{"text":"View Full Listing","link":{"url":"https:\/\/peoplescompany.com\/listings\/land-custer-county-montana-7170-acres-listing-number-15806","is_external":"on","nofollow":"","custom_attributes":""},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6aee588"}]},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false},{"id":"7f3fb574","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"5ce7abf0","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}]},"elements":[{"id":"fa86cb3","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/PeoplesCompany.png","id":56761,"alt":"","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}],"image_size":"thumbnail"},"elements":[],"widgetType":"image"},{"id":"47021d9","elType":"widget","settings":{"title":"Peoples Company","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60"}]},"elements":[],"widgetType":"heading"},{"id":"55036a7b","elType":"widget","settings":{"editor":"

Adam Woiblet<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"700166e","elType":"widget","settings":{"editor":"

(590) 520-6117 \u2022 Adam@AgTradeGroup.com<\/a><\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"b94eadd","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/peoplescompany.com\/","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true}]]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> https://landreport.com/2022/08/pass-creek-ranch/ Tue, 23 Aug 2022 21:39:22 +0000 https://thelandreport.c51dev.com/?p=56922 Hunting Though not actively/commercially hunted by the current landowner, the hunting ranch is a superb location for the active sportsman. Located in GMU 37, the ranch is home to elk, mule deer and whitetail, moose, antelope, and a host of forest predators and wildlife including black bear, mountain lion, coyote, mink, otter, and beaver. The area is generally recognized as an easy draw and OTC (Over the Counter) unit with landowner preference tags variously available depending on the year (recently 4th season buck tags).

Fishing

The Blue River is a well-known trout fishery. The immediate section flowing thru the ranch has been enhanced with a number of improved rock drops and deep holding water making it one of the premier private locations on the entire Blue River. In addition to the remarkable fly water on the ranch, there is excellent fishing to be had in nearby Green Mountain, Dillon, and Wolford Mt. Reservoirs, all with lake trout, pike, and seasonal kokanee runs.

Recreation

Backcountry skiing, snowmobiling, boating/floating, horseback riding, ORVing, hiking, and access to miles of USFS and County maintained trails, Pass Creek Ranch is a recreational paradise.

Horses

The ranch operates a small but profitable and popular horse boarding facility and equestrian service which provides horse owners and riders access to the backcountry trails and ranch facilities, including an outdoor riding arena and Gymkhana training stations.

Several photographs of Pass Creek Ranch are taken by Camera Head Media.

https://youtu.be/ymZzcWhvdXI View Full Listing

Mirr Ranch Group

Ken Mirr (330) 623-4545 Learn More ]]> 56922 0 0 0 This is one of the most coveted river valleys in Colorado with world-class fly fishing and spectacular panoramic views of the Gore Range all within 20 miles of skiing and 80 miles of Denver.\u00a0Bordering the White River National Forest for three miles, the ranch offers exclusive Blue River frontage, lush irrigated fields, and exquisite improvements.<\/p>

Given its remarkable location, the ranch enjoys a host of year-round activities accessible directly from\/on the property. Backcountry skiing, snowmobiling, boating\/floating, horseback riding, hiking, and access to miles of USFS and County maintained trails, Pass Creek Ranch is a recreational paradise. With upwards of a mile of Blue River frontage, USFS wilderness study area backdrop, and a diversity of habitat types including montane, sub-alpine forests, upland sage grassland, and riparian valley bottoms, the ranch is a sportsperson\u2019s paradise.<\/span><\/p>

Hunting<\/h3>

Though not actively\/commercially hunted by the current landowner, the hunting ranch is a superb location for the active sportsman. Located in GMU 37, the ranch is home to elk, mule deer and whitetail, moose, antelope, and a host of forest predators and wildlife including black bear, mountain lion, coyote, mink, otter, and beaver. The area is generally recognized as an easy draw and OTC (Over the Counter) unit with landowner preference tags variously available depending on the year (recently 4th season buck tags).<\/p>

Fishing<\/h3>

The Blue River is a well-known trout fishery. The immediate section flowing thru the ranch has been enhanced with a number of improved rock drops and deep holding water making it one of the premier private locations on the entire Blue River. In addition to the remarkable fly water on the ranch, there is excellent fishing to be had in nearby Green Mountain, Dillon, and Wolford Mt. Reservoirs, all with lake trout, pike, and seasonal kokanee runs.<\/p>

Recreation<\/h3>

Backcountry skiing, snowmobiling, boating\/floating, horseback riding, ORVing, hiking, and access to miles of USFS and County maintained trails, Pass Creek Ranch is a recreational paradise.<\/p>

Horses<\/h3>

The ranch operates a small but profitable and popular horse boarding facility and equestrian service which provides horse owners and riders access to the backcountry trails and ranch facilities, including an outdoor riding arena and Gymkhana training stations. <\/p>

Several photographs of Pass Creek Ranch are taken by\u00a0Camera Head Media<\/a>.<\/em><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"98c3b20"}],"drop_cap":"yes"},"elements":[],"widgetType":"text-editor"},{"id":"c717d1d","elType":"widget","settings":{"youtube_url":"https:\/\/vimeo.com\/738397956","vimeo_url":"https:\/\/youtu.be\/ymZzcWhvdXI","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0265898"}],"video_type":"vimeo"},"elements":[],"widgetType":"video"}],"isInner":false}],"isInner":false},{"id":"837cbe6","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"5043215"}],"margin":{"unit":"px","top":"20","right":0,"bottom":"20","left":0,"isLinked":false}},"elements":[{"id":"40abb32","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d52acd8"}]},"elements":[{"id":"65ba75f","elType":"widget","settings":{"text":"View Full Listing","link":{"url":"https:\/\/www.mirrranchgroup.com\/ranches\/pass-creek-ranch\/","is_external":"on","nofollow":"","custom_attributes":""},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6aee588"}]},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false},{"id":"7f3fb574","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"5ce7abf0","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}]},"elements":[{"id":"fa86cb3","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/MirrRanchGroupLogo_150x150.png","id":56935,"alt":"","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}],"image_size":"thumbnail"},"elements":[],"widgetType":"image"},{"id":"47021d9","elType":"widget","settings":{"title":"Mirr Ranch Group","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60"}]},"elements":[],"widgetType":"heading"},{"id":"55036a7b","elType":"widget","settings":{"editor":"

Ken Mirr<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"700166e","elType":"widget","settings":{"editor":"

(330) 623-4545<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"b94eadd","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/www.mirrranchgroup.com\/","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true},{"id":"526efe7","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"25212c2"}]},"elements":[{"id":"226dcaa","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"f95387f"}]},"elements":[{"id":"4a8b569","elType":"widget","settings":{"text":"Divider","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6301ee4","display_condition_date":"21-08-2022","display_condition_date_range":"21-08-2022 to 23-08-2022","display_condition_advanced_date":"21-08-2022"}]},"elements":[],"widgetType":"divider"}],"isInner":false}],"isInner":false}]]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> https://landreport.com/2022/09/hermitage/ Thu, 01 Sep 2022 02:40:12 +0000 https://landreport.com/?p=57388 View Full Listing

First Weber Realtors

Tammy Kauranen (906) 285-2618 Learn More ]]> 57388 0 0 0 Stunning, one of a kind, custom log home Island family retreat on the Famous Cisco Chain of Lakes. This property will not disappoint as you journey through all this has to offer! More than a mile of shoreline providing panoramic lake views from all points of this gem in the north woods. You will appreciate the quality of craftsmanship throughout this seven-bedroom, eight-bath estate as soon as you walk through the hand-crafted double doors in the entrance. A spectacular great room lies before you donning 32 foot cathedral ceilings and a wall of windows facing the lake frame a floor-to-ceiling Fieldstone wood fireplace.<\/p>

The open concept brings you to the dining area with seating for 20-24 guests, flowing nicely into the dream kitchen of unparalleled design. Made for hosting large groups, complete with a butler, and a bar serving area with wine coolers and tappers. Outside walk the pathway to the pond and waterfalls that lead to the picnic point for a bonfire under the stars. A Rare masterpiece! <\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"98c3b20"}],"drop_cap":"yes"},"elements":[],"widgetType":"text-editor"},{"id":"c717d1d","elType":"widget","settings":{"youtube_url":"https:\/\/vimeo.com\/738397956","vimeo_url":"","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0265898"}],"video_type":"vimeo"},"elements":[],"widgetType":"video"}],"isInner":false}],"isInner":false},{"id":"837cbe6","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"5043215"}],"margin":{"unit":"px","top":"20","right":0,"bottom":"20","left":0,"isLinked":false}},"elements":[{"id":"40abb32","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d52acd8"}]},"elements":[{"id":"65ba75f","elType":"widget","settings":{"text":"View Full Listing","link":{"url":"https:\/\/www.firstweber.com\/MI\/Gogebic\/Watersmeet\/19210-Mamie-Lake-Rd-Watersmeet-MI-49969\/197672-GNMLS","is_external":"on","nofollow":"","custom_attributes":""},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6aee588"}]},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false},{"id":"7f3fb574","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"5ce7abf0","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}]},"elements":[{"id":"fa86cb3","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/09\/FirstWeberRealtorLogo_150x150.png","id":57391,"alt":"","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}],"image_size":"thumbnail"},"elements":[],"widgetType":"image"},{"id":"47021d9","elType":"widget","settings":{"title":"First Weber Realtors","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60"}]},"elements":[],"widgetType":"heading"},{"id":"55036a7b","elType":"widget","settings":{"editor":"

Tammy Kauranen<\/span><\/span>
<\/span><\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"700166e","elType":"widget","settings":{"editor":"

(906) 285-2618<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"b94eadd","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/www.firstweber.com\/","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true},{"id":"526efe7","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"25212c2"}]},"elements":[{"id":"226dcaa","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"f95387f"}]},"elements":[{"id":"4a8b569","elType":"widget","settings":{"text":"Divider","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6301ee4","display_condition_date":"21-08-2022","display_condition_date_range":"21-08-2022 to 23-08-2022","display_condition_advanced_date":"21-08-2022"}]},"elements":[],"widgetType":"divider"}],"isInner":false}],"isInner":false}]]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> https://landreport.com/2002/05/archives-cargill-to-sell-san-francisco-salt-ponds-for-243-million/ Wed, 29 May 2002 00:00:52 +0000 https://landreport.com/?p=58628 HERE.]]> 58628 0 0 0 https://landreport.com/2022/11/forest-park-ranch/ Thu, 03 Nov 2022 18:58:06 +0000 https://landreport.com/?p=58740 Forest Park Ranch encompasses 2,215 deeded acres of exceptional well-maintained land and has all the features of an outstanding Colorado ranch property. It borders 6,200 acres of Forest Service land, is situated in Game Management Unit 771, has no conservation easement, is fenced on three sides, and is under ag status with the forestry program.

The ranch has 600 acres under habitat enhancement with more than 30 years of aggressive restoration efforts. Washout and erosion points have been mitigated on a huge portion of the ranch, and thousands of tree stumps have been removed. The result of these efforts is a park-like setting. An abundance of wildlife now make the ranch their home including hundreds of resident elk, mule deer, and turkey. Black bear, mountain lion, and eagles are regularly seen.

Forest Park Ranch’s topography is made up of varying elevations from 6,800 to almost 8,000 feet and includes meadows, forest, ponds, and springs. There are 11.5 cfs of senior seasonal water rights, nine miles of crowned and enhanced main roads, and 31 miles of secondary roads. Picnic tables and fire pits have been strategically placed throughout the ranch for picnics and barbecues. Spectacular vistas include 10 different mountain peaks with elevations ranging from 11,289 to 12,769 feet. 

Improvements on Forest Park Ranch include a luxurious 10,308-square-foot main home. The home offers 6 bedrooms, 9 bathrooms, an apartment with its own entrance, several living areas, office, theater room, and a large second-floor balcony. The home is serviced by underground utilities, including six-inch waterline, which is a rarity on a mountain property. With too many upgrades on this home to list, a home tour is a must. The ranch offers two additional homes and a large workshop.

Forest Park Ranch is a short 15 minutes from Pagosa Springs. Pagosa Springs offers shopping, restaurants, an airport, hospital, and its famous hot springs. Wolf Creek Ski Area is located 31 miles from Pagosa Springs, offering some of the largest snowfall totals in the state. South of the ranch is the New Mexico border and Navajo State Park, providing a lake experience for great fishing and water sports. The whole area is filled with outdoor activities to enjoy.

The Forest Park Ranch with its meticulous kept acreage, 600 acres under habitat enhancement with exceptional restoration work, roads throughout the ranch, erosion mitigation, and no conservation easement creates an opportunity rarely seen in the ranching world today.

https://youtu.be/wzPdJDFPsmc

M4 Ranch Group

Dan Murphy

(970) 209-1514

Learn More ]]> 58740 0 0 0 Forest Park Ranch<\/a> encompasses 2,215 deeded acres of exceptional well-maintained land and has all the features of an outstanding Colorado ranch property. It borders 6,200 acres of Forest Service land, is situated in Game Management Unit 771, has no conservation easement, is fenced on three sides, and is under ag status with the forestry program.<\/p>

The ranch has 600 acres under habitat enhancement with more than 30 years of aggressive restoration efforts. Washout and erosion points have been mitigated on a huge portion of the ranch, and thousands of tree stumps have been removed. The result of these efforts is a park-like setting. An abundance of wildlife now make the ranch their home including hundreds of resident elk, mule deer, and turkey. Black bear, mountain lion, and eagles are regularly seen.<\/p>

Forest Park Ranch\u2019s topography is made up of varying elevations from 6,800 to almost 8,000 feet and includes meadows, forest, ponds, and springs. There are 11.5 cfs of senior seasonal water rights, nine miles of crowned and enhanced main roads, and 31 miles of secondary roads. Picnic tables and fire pits have been strategically placed throughout the ranch for picnics and barbecues. Spectacular vistas include 10 different mountain peaks with elevations ranging from 11,289 to 12,769 feet.\u00a0<\/p>

Improvements on Forest Park Ranch include a luxurious 10,308-square-foot main home. The home offers 6 bedrooms, 9 bathrooms, an apartment with its own entrance, several living areas, office, theater room, and a large second-floor balcony. The home is serviced by underground utilities, including six-inch waterline, which is a rarity on a mountain property. With too many upgrades on this home to list, a home tour is a must. The ranch offers two additional homes and a large workshop.<\/p>

Forest Park Ranch is a short 15 minutes from Pagosa Springs. Pagosa Springs offers shopping, restaurants, an airport, hospital, and its famous hot springs. Wolf Creek Ski Area is located 31 miles from Pagosa Springs, offering some of the largest snowfall totals in the state. South of the ranch is the New Mexico border and Navajo State Park, providing a lake experience for great fishing and water sports. The whole area is filled with outdoor activities to enjoy.<\/p>

The Forest Park Ranch with its meticulous kept acreage, 600 acres under habitat enhancement with exceptional restoration work, roads throughout the ranch, erosion mitigation, and no conservation easement creates an opportunity rarely seen in the ranching world today. <\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"98c3b20"}],"drop_cap":"yes"},"elements":[],"widgetType":"text-editor"},{"id":"c717d1d","elType":"widget","settings":{"youtube_url":"https:\/\/youtu.be\/wzPdJDFPsmc","vimeo_url":"https:\/\/vimeo.com\/235215203","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0265898"}]},"elements":[],"widgetType":"video"},{"id":"d2a15f4","elType":"widget","settings":{"text":"Divider","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"7cf891f"}]},"elements":[],"widgetType":"divider"}],"isInner":false}],"isInner":false},{"id":"7f3fb574","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"5ce7abf0","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}]},"elements":[{"id":"fa86cb3","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/11\/M4RanchGroupLogo_150x150.png","id":58762,"alt":"M4RanchGroupLogo 150x150","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}]},"elements":[],"widgetType":"image"},{"id":"47021d9","elType":"widget","settings":{"title":"M4 Ranch Group","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60"}]},"elements":[],"widgetType":"heading"},{"id":"55036a7b","elType":"widget","settings":{"editor":"

Dan Murphy<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"700166e","elType":"widget","settings":{"editor":"

(970) 209-1514<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"b94eadd","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/m4ranchgroup.com\/listings\/alta-luna-ranch\/","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true}]]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> https://landreport.com/2023/03/sealed-bid-hangar-bozeman-yellowstone/ Wed, 15 Mar 2023 04:18:22 +0000 https://landreport.com/?p=60634 one of the premier destination airports in the country, this type of acquisition opportunity rarely comes to market. Historically, the premise has been operated as a successful flight school, charter service and aircraft management facility. With two hangar doors and 11,900-square feet of hangar space, the property is ideal for light to mid-size jet, turboprop, multi-piston and single-engine aircraft. Additionally, public access parking provides for a number of general/commercial aviation uses, such as: FBO, Charter, Maintenance and Flight School. The property is being offered by Sealed Bid Auction, please reference the Sealed Bid Packet for full terms and bidding instructions. Previous Next

SEALED BIDS DUE BY MAY 10TH AT 5:00 PM (MDT)

210 AVIATION LANE BELGRADE, MONTANA 59714

• Ideal for Light to Mid-Size Jet, Turboprop and Multi Piston Aircraft
• Desirable Location with PUBLIC ACCESS
• Potential Commercial Aviation Uses - FBO, Charter, Maintenance, and Flight School
• Two Hangar Doors - 90-feet x 28-feet and 66-feet x 15-feet 6-inches
• Radiant Heat Flooring Throughout Hangar
• 2100-Square foot Fully Finished Office Space
• Limited Ground Lease Opportunities at KBZN

Open house inspection dates will be held from:

• Tuesday, April 4th from 9 AM-12 PM
• Tuesday, April 25th from 3-6 PM
• Wednesday, April 26th from 9 AM-12 PM
• Tuesday, May 9th from 3-6 PM
• Wednesday, May 10th from 12 PM-5 PM

Learn More ]]> 60634 0 0 0 We are proud to present 210 Aviation Lane, a truly limited opportunity to acquire a commercial\/executive hangar at Bozeman Yellowstone International Airport. An exceptional aviation property located at one of the premier destination airports in the country<\/a>, this type of acquisition opportunity rarely comes to market. Historically, the premise has been operated as a successful flight school, charter service and aircraft management facility. With two hangar doors and 11,900-square feet of hangar space, the property is ideal for light to mid-size jet, turboprop, multi-piston and single-engine aircraft. Additionally, public access parking provides for a number of general\/commercial aviation uses, such as: FBO, Charter, Maintenance and Flight School.<\/p>

The property is being offered by Sealed Bid Auction, please reference the Sealed Bid Packet for full terms and bidding instructions.<\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"fdce2df"}],"drop_cap":"yes","typography_typography":"custom"},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false},{"id":"5e77b29","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"2b28e33"}]},"elements":[{"id":"eaa3d18","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"94b3a07"}]},"elements":[{"id":"c77dd4e","elType":"widget","settings":{"slides":[{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2023\/03\/LR_2023_RidgelineAviation_Photos_Connor_HRSelect-0061.jpg","id":60645,"alt":"","source":"library","size":""},"image_link_to_type":"file","_id":"265bd1a"},{"_id":"57fe5c5","image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2023\/03\/LR_2023_RidgelineAviation_Photos_Connor_HRSelect-0053.jpg","id":60644,"size":"","alt":"","source":"library"},"image_link_to_type":"file"},{"_id":"192dbf7","image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2023\/03\/LR_2023_RidgelineAviation_Photos_Connor_HRSelect-00774.jpg","id":60646,"size":"","alt":"","source":"library"},"image_link_to_type":"file"},{"_id":"d9083ae","image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2023\/03\/LR_2023_RidgelineAviation_Photos_Connor_HRSelect-00780.jpg","id":60647,"size":"","alt":"","source":"library"},"image_link_to_type":"file"},{"_id":"3090cb3","image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2023\/03\/LR_2023_RidgelineAviation_Photos_Connor_HRSelect-0784.jpg","id":60648,"size":"","alt":"","source":"library"},"image_link_to_type":"file"}],"slides_per_view":"1","height":{"unit":"px","size":440,"sizes":[]},"width":{"unit":"%","size":100,"sizes":[]},"autoplay_speed":8000,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6d9bb18"}]},"elements":[],"widgetType":"media-carousel"}],"isInner":false}],"isInner":false},{"id":"7a8f7dc","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"8c49624"}]},"elements":[{"id":"196eb3d","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"2b28e33"}]},"elements":[{"id":"e2682c5","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"3feb778","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}]},"elements":[{"id":"0b0f1f2","elType":"widget","settings":{"title":"SEALED BIDS DUE BY MAY 10TH AT 5:00 PM (MDT) ","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60"}]},"elements":[],"widgetType":"heading"},{"id":"b67aa43","elType":"widget","settings":{"editor":"

\u00a0210 AVIATION LANE
BELGRADE, MONTANA 59714\u00a0<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"46ccf0b","elType":"widget","settings":{"address":" 210 AVIATION LANEBELGRADE, MONTANA 59714 ","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"061e7fd"}]},"elements":[],"widgetType":"google_maps"},{"id":"463e59f","elType":"widget","settings":{"editor":"

<\/p>\n

\n
• Ideal for Light to Mid-Size Jet, Turboprop and Multi Piston Aircraft<\/li>\n
• Desirable Location with PUBLIC ACCESS<\/li>\n
• Potential Commercial Aviation Uses - FBO, Charter, Maintenance, and Flight School<\/li>\n
• Two Hangar Doors - 90-feet x 28-feet and 66-feet x 15-feet 6-inches<\/li>\n
• Radiant Heat Flooring Throughout Hangar<\/li>\n
• 2100-Square foot Fully Finished Office Space<\/li>\n
• Limited Ground Lease Opportunities at KBZN<\/li>\n<\/ul>\n

  Open house inspection dates will be held from:

  <\/p>\n<\/h3>\n

  \n
  • Tuesday, April 4th from 9 AM-12 PM<\/li>\n
  • Tuesday, April 25th from 3-6 PM<\/li>\n
  • Wednesday, April 26th from 9 AM-12 PM<\/li>\n
  • Tuesday, May 9th from 3-6 PM<\/li>\n
  • Wednesday, May 10th from 12 PM-5 PM<\/li>\n<\/ul>","align":"left","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"6901fd3","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/www.schraderauction.com\/auctions\/8424","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"},{"id":"f71f058","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2023\/03\/Schrader_Logo.png","id":60793,"size":"","alt":"Schrader Real Estate and Auction Company, Schrader","source":"library"},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"9921d07"}]},"elements":[],"widgetType":"image"}],"isInner":true}],"isInner":true}],"isInner":false}],"isInner":false},{"id":"5245fec","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6590a95"}]},"elements":[{"id":"d5ccf1c","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b13f341"}]},"elements":[],"isInner":false}],"isInner":false}]]]> https://landreport.com/2007/11/texas-at-the-center-of-wind-power-debate/ Thu, 01 Nov 2007 07:00:40 +0000 http://67.205.9.54/2008/04/01/texas-at-the-center-of-wind-power-debate/ By Joe Nick Patoski El Capitan stands as a stone sentinel, a jagged limestone monolith that buttresses the southern flank of the tallest mountain range in Texas. It is imperious and daunting, the most visible landmark for hundreds of miles. Except, that is, from where I’m standing. Here, on a remote ranch in the Delaware Mountains, the huge massif is obscured by a cluster of Zond wind turbines, 38 of them, each about 200 feet high. “The neighbors called me when they threw a party celebrating them going up,” Jim Daccus tells me as we eye the swirling steel blades. Daccus is the foreman at the Pezuna del Caballo, a swath of the Chihuahua Desert he tends all by his lonesome. “I told them, ‘I don’t feel like it’s a reason to celebrate.' " Daccus has lost an important intangible, one cherished by landowners from coast to coast: an unobstructed view. He quietly explains that this monstrous eyesore is particularly obnoxious when its blinking red lights and flashing white strobes ruin the starry nights. “I’m just one old cowboy,” he says wistfully. “I don’t count.” That was seven years ago. Since then, the number of landowners who “don’t count” nationwide and in particular in Texas has grown exponentially. Abilene now touts itself as the wind energy capital of the world, thanks to the Horse Hollow Wind Energy Center, a collection of 421 wind turbines 20 miles southwest of the city. In 2006, the Lone Star State surpassed California to become the nation’s leading source of wind power, with the latest reports putting Texas’ production capacity at 3,352 megawatts — that’s enough to light up more than 800,000 homes. A growing cadre of players in the energy field see wind as the next big play, and no place is better positioned to profit than Texas, where generous tax breaks, subsidies, and incentives sweeten the pot. Best of all, wind farms are a non-polluting, renewable energy source with zero carbon emissions. Yet wind power has attracted an impressive array of critics. Scientists question wind power’s efficiency as a consistent power source. Number crunchers point out that without subsidies, wind power is a prohibitive energy source. Biologists, birders, and hunters cite the deadly effect of these huge turbines on migrating and permanent populations of birds and bats as well as the destruction of crucial habitat in order to service the elaborate infrastructure. The technology is so new, and the pressure to create clean energy so intense, there has been little regulatory oversight of the industry nationally, and organizations traditionally thought to oppose such habitat degeneration, such as the Sierra Club and the National Audubon Society, have voiced their support for wind energy. Some states do have land use requirements that apply to wind facilities, but no federal or state laws specifically protect the property rights of landowners adjacent to wind farms. Wind farms have been responsible for significant raptor kills in California and bat kills on ridges in West Virginia. In Massachusetts, local opposition to the Nantucket Sound project has thus far failed to derail plans for an offshore wind farm near the Cape Cod National Seashore. In Texas, not surprisingly, it is appropriate that the most contentious pissing match pits two storied ranching traditions against each other. On one side of the barbed wire fence stands the 850,000-acre King Ranch, established by Richard King in 1853 (and currently ranked as No. 5 on The Land Report 100). On the other side, the 400,000-acre Kenedy Ranch, founded by King’s mentor and business partner, Mifflin Kenedy. Both King and Kenedy were larger-than-life characters, steamboat captains who established sprawling ranching empires in the Wild Horse Desert. Each played critical roles in birthing the modern cattle industry and creating the modern American cowboy, borrowing heavily from the customs of the Mexican vaqueros who lived and worked on their ranches. Many changes occurred on both ranches after the deaths of their respective patriarchs. Oil and gas augmented cattle as a revenue stream. A lengthy highway eventually bisected the Wild Horse Desert. The way the ranches were owned and run changed too. The King Ranch became a corporation, one whose stockholders were limited to a group of descendants of one of King’s daughters. The Kenedy line died out, and the ranch was bequeathed to two foundations, the Kenedy Memorial Foundation and the Kenedy Charitable Trust, both with ties to the Catholic Church. Still, the King and the Kenedy, tethered by their shared deep roots, enjoyed friendly relations. Until recently, that is. The bond began unraveling after the two Kenedy Ranch foundations signed agreements with the Australian investment firm Babcock & Brown and PPM Energy, a subsidiary of the Spanish power company Iberdrola, to build two wind farms on the ranch. The projects, $800 million and $400 million respectively, called for more than 240 60-ton turbines reaching 400 feet high on as many as 30,000 acres of the Kenedy Ranch, including about 10 miles of coastline facing the Laguna Madre and the Gulf of Mexico. If built, the turbines would provide clean, renewable power to 180,000 homes, according to the promoters. The two foundations would benefit to the tune of $3,000 to $5,000 per year per turbine, a substantial windfall for the South Texas charities. Who could argue with that? Jack Hunt, that’s who. The CEO of King Ranch Inc., Hunt sees the Kenedy Ranch lease as having a direct impact on King Ranch. “Our revenue from wildlife, particularly hunting, is comparable to our cattle business, and these wind machines directly threaten both businesses,” Hunt says. Although Hunt comes across as a tree hugger, he is a conscientious businessman. Both ranches are located in an untamed, lightly populated swath of coastal plains whose biodiversity is considered as rich and complex as Florida’s Everglades. That biodiversity is why King Ranch is world renowned as a hunting destination favored by presidents, foreign dignitaries, and CEOs, and it brings in five times as much per acre as cattle raising does, Hunt says. Rows of giant wind turbines as tall as 30 stories will devalue the wild experience that allows King Ranch to command a premium for hunting access, he contends. Hunt’s complaint focuses on the site of the wind farms: near Baffin Bay overlooking the Laguna Madre and Padre Island National Seashore, the longest undeveloped stretch of barrier island in the world. Putting wind turbines on the bay is just plain wrong, he says. The lagoon is a fragile ecosystem, one of the only hypersaline bays in the world. More than 350 resident breeding and migrating species of birds use the Central Flyway and depend on the lagoon’s habitat during migrations. “This area is full of wetlands, endangered species, threatened species, migrating birds, and overwintering birds. Eighty percent of the continent’s redhead duck population winters here,” Hunt points out. “We recognize the value of wildlife. The people running the Kenedy are taking a short view of the value of their land. Once you put those machines in there, the value of the land for any other purpose is as good as gone.” Hunt is astonished that such large-scale commercial development has virtually no oversight. "There’s no other industrial use in this state that has no permitting process,” he says. In a state as big as Texas, you’d think the opinion of the head honcho of the largest ranch would carry some weight. You’d be wrong. Hunt unsuccessfully lobbied the Texas Legislature to create some kind of official oversight of wind farms. “We're convinced the benefits outweigh the disadvantages, and we're a charity organization, so there's a human dimension that hasn't been brought into all this," General Marc Cisneros of the John G. and Marie Stella Kenedy Memorial Foundation told The Associated Press. Cisneros had a valuable ally in Texas Land Commissioner Jerry Patterson, an unabashed booster of unregulated wind farms as well as an advocate of oil and gas drilling on Padre Island National Seashore and mining groundwater on state lands in arid West Texas. Patterson pooh-poohed the objections to wind power, telling The Associated Press, “This is the King Ranch versus the rest of Texas.” “This is a private property issue,” says Fred Bryant, director of the Caesar Kleberg Wildlife Research Institute at Texas A&M-Kingsville. Bryant is quick to acknowledge that the owners of the Kenedy Ranch can do whatever they please. “But to put a wind farm in the heart of bird and bat migration routes is almost unbelievable. The state of Texas has hardly talked about a permitting system for something that will have a major impact on the region’s economy.” Bryant cites South Texas as the most popular hunting destination for white-tailed deer and dove statewide. The region is also the epicenter of a growing birding and ecotourism economy that already has a statewide impact of almost $3 billion. “The state is letting these people run wild,” Bryant complains. “There’s no oversight. I can’t add on to my garage without a permit. The wind generating companies have no conscience where they site them. They’d put one in the Everglades if they could. There are places to put wind turbines and places not to put them, and there’s not a worse place in North America to put one than here. We really don’t know what the impact could be. We need to study it extensively. Until that’s done, you’ve got a state that refuses to accept responsibility and energy companies that don’t have a conscience.” Whatever value wide-open spaces may have, the wind farms on the Kenedy will degrade it, Bryant predicts. “This shoreline and habitat haven’t changed since the Karankawa Indians were here, and those things are eyesores,” he says bluntly. Studies elsewhere generally have concluded avian mortality from existing wind farms has been minimal, with an impact similar to radio, television, and cellular telephone towers and the guy wires that stabilize them. As many as 4,000 bat fatalities were estimated in a one-year period on a West Virginia wind farm built on a high, forested ridge. On a California wind farm, more than 1,000 raptors, including golden eagles and red-tailed hawks, are killed annually. But no data has been collected in a migratory flyway, among coastal and offshore populations of waterfowl, or about the effects on coastal mammals because no wind farms have been sited in such a region before. What is certain is turbines, their platforms, the roads needed to reach them, and the transmission lines to transfer the power will fragment the habitat with the potential to degrade or destroy it. To perform a pre-construction environmental study, PPM hired Texas Environmental Studies and Analysis. The study noted that the risk of birds being struck by the turbines is low (because of the height of the propellers). Jim Sinclair, who oversaw the study, says, “The avian work undertaken at the Peñascal Project [the PPM wind farm on the Kenedy Ranch] exceeds any work done for a wind project to date in Texas. We have studied this site intensively for over two and a half years and are comfortable that the site is appropriate for wind development from an environmental perspective. Moreover, the project is self-contained on private land and will not interfere with or be visible from adjacent property owners.” Cina Alexander Forgason, a stockholder in the King Ranch, begs to differ. “Our land is across Baffin Bay, and those towers will be 300 feet high,” she says. “Visibility is already an issue.” Her bigger complaint was the potential impact on hunting. “We have people paying good money for the entire experience of being in the wild. There’s a reason there’s not many hunting leases around Texas City [home to some of the largest refineries in Texas].” The Texas Parks & Wildlife Department, along with the Caesar Kleberg Wildlife Research Institute, has launched an extensive four-year peer-reviewed wildlife and migratory bird study in and around the region that will be completed in 2009, says Kathy Boydston, who is heading up the study at TPWD. In lieu of state regulations, she says, TPWD is working to bring together various stakeholders, including wind industry representatives, power companies, landowners, and birding and environmental organizations, to establish guidelines for a voluntary wind power certification program that will take into account appropriate and inappropriate sites for wind farms. Location can make all the difference in the world. AES Wind Generation recently scuttled a proposed wind farm in the Texas Hill Country, citing concern over its impact on wildlife habitat, including bat colonies in the area; objections from landowners, real estate professionals, and tourism-related business owners also contributed to the company’s decision to pull out. Cost is another factor. The added cost of building offshore led Babcock & Brown to cancel plans for the largest offshore wind farm in the United States. Both Kenedy Ranch wind farms appear to be done deals. The greatest threat was the 11th-hour formation of the Coastal Habitat Alliance — 11 interest groups with a stake in protecting the globally important migratory flyway and coastal habit, including King Ranch Inc., the adjacent 50,000-acre Armstrong Ranch, the American Bird Conservancy, the Coastal Bend Audubon Society, and the Lower Laguna Madre Foundation. The alliance requested the Public Utility Commission of Texas allow the organization to intervene in a permit hearing for a transmission line serving the Kenedy Ranch wind farms. (Unlike wind turbines, power lines are regulated and permitted by the state.) On September 28, the PUC agreed to hear the group's appeal. The alliance’s attorney, Jim Blackburn of Houston, says that if the appeal is denied, the court of last resort may be the National Oceanic and Atmospheric Administration, which oversees coastal management plans nationwide. Each participating state must regulate energy production and its environmental impact (including bird mortality) within coastal zones under the federal Coastal Zone Management Act. “These kind of issues are why I became an environmental attorney,” Blackburn says. If his efforts fail, King Ranch, neighboring landowners, and other interested parties have no choice but to learn to love hundreds of 400-foot-tall wind turbines on the horizon near the Laguna Madre. As for the wildlife, they’ll either have to adjust, move, or perish. Like that old cowboy in West Texas, the only thing one can do is hope for better neighbors. Joe Nick Patoski has written three coffee table books about his home state: Texas Mountains, Texas Coast, and Big Bend National Park. His biography of Willie Nelson is due out in 2008.]]> 13 0 0 0 https://landreport.com/2007/11/gardiners-island-home-to-the-nations-oldest-landowners/ Thu, 01 Nov 2007 07:00:14 +0000 http://67.205.9.54/2008/04/01/gardiners-island-home-to-the-nations-oldest-landowners/ By Trey Garrison Since 1639, Gardiner's Island and its 3,300 acres have belonged to Lion Gardiner and his descendants. The six-foot scion of this American dynasty bought his domain not from the Crown or some colonizers but from Native Americans. More than 350 years later, his island is valued at $125 million (almost $40,000 per acre). Or at least that's what it was when it was last formally appraised in 1989. On the island itself, the family manor stands as it has since 1774, nestled among chestnut trees, cherry trees, and willows, overlooking the bay. Behind the manor, a wide commons sprawls out to the edge of a white oak forest, interspersed with orchards and grain fields. Down near the shore, the famous Gardiner’s Island windmill can be found. The sense of legacy is palpable — from the Indian artifacts and the manor house and barns to the carpenter's shed, the oldest wooden structure still standing in New York, built in 1639. Not surprisingly, the island has been witness to an enormous sweep of American history; warring Indian tribes, infamous pirates, and British forces during the American Revolution and the War of 1812 all sought refuge there. In 1869, it was a rally point for an American expeditionary force bound for Cuba. For more than a dozen generations, this Old World estate has remained in the hands of the Gardiner family, beginning with Lion Gardiner in 1639 and continuing to Alexandra Goelet today. Although the island and its properties are not cheap to maintain — property taxes and upkeep reportedly cost nearly $2 million a year — Goelet seems content to continue this tradition. This indomitable legacy begins with Lion Gardiner. Popular history has it that his ownership was derived from a land grant from King Charles I. This simple, clean, and very formal pedigree is in fact a fiction, one perpetuated by the Gardiners themselves. The reality of how Lion came to own the island is much more interesting. “Most of what you read about the early days of Gardiner’s Island comes from the Gardiner family themselves, so of course it sounds better and more prestigious to say it was part of a royal grant,” says Richard Barons, executive director of East Hampton Historical Society. Lion was a decorated military engineer in the English army who served in the Netherlands with great distinction during the war of liberation against Spain. According to Appleton’s Cyclopedia of American Biography, Lion was persuaded by Hugh Peters and other Englishmen to enter the service of a company of lords and gentlemen colonizing an American settlement for the Puritans. In 1635, he arrived in the New World and took command of 300 soldiers and workers, drawing up and executing plans for towns and forts. After Saybrook Fort was completed, the Pequots declared war on their new Connecticut neighbors. During the two-year war with the Pequot, Lion commanded Saybrook. At the same time, on the eastern half of Long Island, Wyandanch led the Montaukett tribe. According to Barons, Wyandanch watched the war between the English and the Pequot with great interest. Both Lion and Wyandanch were men who could think beyond their own perspectives, Barons says, and this was critical to the relationship that formed between the two. Wyandanch soon recognized the superior firepower of the English. He repudiated his Pequot kin and formed an alliance with the English commander. According to Faren Siminoff’s Crossing the Sound: The Rise of Atlantic American Communities in Seventeenth-Century Eastern Long Island, such a repudiation was fully within the bounds of traditional native culture. Wyandanch made sure to negotiate the terms of the alliance according to Indian standards, and he insisted on a client-patron relationship rather than complete subordination. In turn, Wyandanch enfolded Lion in traditional Indian forms by offering him land, specifically, the island that now bears his name. The Montauketts called it Manchonake, which loosely translates to “the place where many have died.” The island had been the site of an epidemic. Lion reportedly bought it for a large black dog, some powder and shot, and a few Dutch blankets. Conflicting reports say the purchase price was 10 coats of trading cloth. “Wyandanch could see that Gardiner had a great deal of empathy for the Native Americans that other [settlers] did not have, and that was critical in this relationship,” Barons says. “Gardiner’s son learned to speak Algonquin. So the first real estate deal on Long Island wasn’t a royal land grant but a purchase between the [English] and the Montaukett.” In 1639, Lion bought the island for a second time — this time from the Earl of Stirling, who had been granted the property by King Charles I. Later, a manorship was granted that gave Gardiner ownership of the island under English law, Barons says. The holding was originally called the Isle of Wight. Although the Gardiners never declared themselves lords or any such thing, they exercised the privileges of the title. How the island came to be called a manor and then a lordship also had little to do with royal ambitions on Lion Gardiner’s part, Barons says. It had more to do with something each and every landowner can identify with: cutting taxes. “As the taxes on the property increased, Lion Gardiner finally sought to have the island declared a manor under English law,” Barons says. “You didn’t have to pay as much in taxes on a manor.” Lion, who died in 1663 in East Hampton, was always referred to as the Proprietor of the Isle of Wight as were his descendants until at least the 1790s. He was remembered as a steward of the island, a soldier hero, and a man with great vision. No descendant ever lived larger than Lion Gardiner, but the centuries that followed have proved eventful. Lion’s youngest daughter, Elizabeth, was born on the island in 1641, the first English child born in New York. Though she died in her teens, she played a key role in colonial witch hunts as the accuser in one of the earliest witch trials, according to Curtiss Gardiner, who wrote a history of the family in 1890. In the 1680s, East Hampton attempted to annex the island into the township. Gardiner heirs convinced the powers that be to affirm the island’s special status, which remained in place until after the American Revolution. The largely symbolic designation “Lordship and Manor of Gardiner's Island” was bestowed by Governor Dongan in 1686. In 1699, Captain William Kidd entreated Lion’s grandson, John Gardiner, to allow the privateer to bury a treasure of gold, silver, candlesticks, and gems on the island before he sailed to Boston to answer charges of piracy. For their help, Kidd reportedly gave the Gardiners a piece of gold cloth captured from a Moorish ship off Madagascar, as well as a bag of sugar. Upon his departure, Kidd warned that if the treasure was not there when he returned, he would kill the Gardiners. John Gardiner later cooperated with authorities and turned the treasure over, reportedly keeping a diamond, which he gave his daughter. During the American Revolution, the Gardiners renounced their loyalty to the Crown and declared their support for the fledgling revolution. Throughout this strife-torn era and then some 40 years later during the War of 1812, the British Navy used the island for supplying and staging. All the while, the manor house, which had been built in 1774, was left untouched. According to the Encyclopedia of New York State, the family produced a number of important heirs through the years, from local representatives to US senators. Julia Gardiner, born on the island in 1820, became the First Lady of the United States, marrying President John Tyler in 1844. The great Walt Whitman took note of Gardiner’s Island in the latter part of the 19th century, writing: “Imagination loves to trace (mine does, any how,) the settlement and patriarchal happiness of this fine old English gentleman on his island there all by himself, with his large farm-house, his servants and family, his crops on a great scale, his sheep, horses, and cows. His wife was a Dutch woman–for thus it is written by his own hand in the old family Bible, which the Gardiners yet possess.” By the 1920s, however, portions of the island were leased for hunting. Debt and taxes mounted, and in 1937, the island was slated to be sold at auction. A Gardiner cousin, Sarah Diodati Gardiner, stepped in at the last minute and bought it, keeping Gardiner’s Island in the family. Title to the island was hotly disputed between two Gardiner descendants for decades. A regional writer named Mary Cummings summarized as follows: “In one corner was Robert David Lion Gardiner, who invariably referred to himself as 'the 16th Lord of the Manor.' An undisputed and indefatigable expert on Gardiner ancestral lore, he could hold forth on his 'noble' ancestry for hours at a time and rarely passed up an occasion to do so. In the other corner was … Alexandra Gardiner Creel Goelet … who battled under the green environmentalists’ banner.” The battle raged in the courts for years. It was finally settled when Robert David Lion Gardiner died in 2004, leaving Goelet as the sole owner of Gardiner’s Island. Survival, it seems, may be the dominant family trait. Robert David Lion Gardiner himself said as much during a rare interview: “We have always married into wealth. We've covered all our bets. We were on both sides of the Revolution and both sides of the Civil War. The Gardiner family always came out on top.”]]> 14 0 0 0 https://landreport.com/2007/06/pinon-canyon-set-for-eminent-domain-showdown/ Fri, 01 Jun 2007 07:00:54 +0000 http://67.205.9.54/?p=44 By Trey Garrison Photography by Gustav Schmiege III With more than 15 million acres of military bases, training centers, and maneuver sites, the US Army ranks as one of America's largest landowners. But when it comes to taking territory, shock and awe are not its most formidable weapons. As hundreds of ranchers in southern Colorado have learned, the big gun is eminent domain. Mack Louden looks out over a few of the 30,000 acres of short-grass prairie his family has ranched in the Pinon Canyon area of southern Colorado for more than a century and he’s not happy. No, it’s not his cattle, mostly Red Angus. Despite the unusual April cold snap, they’re just fine. What has him swearing under his breath is that his land may be in peril. Or, if it’s not his land, it may be one of his neighbors’ land. “This isn’t what Thomas Jefferson and the Founding Fathers had in mind,” Louden says. Age and experience weather his features. The lines in his face tighten along with the bitterness in his tone. “It rankles us because you know it’s not even necessary" Louden has a stake in the land that runs deep. Several stakes actually. For one, his roots in southern Colorado date back to 1902. That’s when his grandfather, Dick Louden, came to Pinon Canyon, traveling on horseback from Indiana along the Santa Fe Trail and finally settling the family homestead about 60 miles east of Trinidad. And aside from his own family ranch, Louden has a second stake, a financial one. Over in Trinidad, Louden and his wife, Toyleen, own Marty Feeds, a modest feed store that has served most of the ranches in the surrounding area for generations. Some of these ranches have been up and running since before Colorado transitioned from territory to statehood, many in the same families. But all of that could change if the Department of Defense gets its way. The Army wants what Louden and his neighbors have: land. Fort Carson, which is based more than 100 miles away in Colorado Springs, is out to expand an existing training ground known as the Pinon Canyon Maneuver Site (PCMS) by more than 418,000 acres (over 600 square miles). That’s in addition to the 25 million acres the Department of Defense already has, including the Army’s 15 million. Local ranchers like Louden and his neighbors have an answer. “This land is not for sale at any price,” Louden says. “If they needed it for legitimate defense of our country, I think every last one of us would give them our land. But they don’t need this land. They just want it.” Of course, if the government can’t buy it, it’s all too willing to just take it, and it does so by using two words every landowner fears and hates: eminent domain. The power to condemn land is nothing new, nor is it anathema to American law. It is written into the last clause of the Fifth Amendment of the U.S. Constitution: “… nor shall private property be taken for public use, without just compensation.” For much of American history, however, a key proviso limited the power of the federal government as well as state and local governments. The land had to be for public use. Time and again the Supreme Court has ruled that any land taken via eminent domain must be used by the public. Think public roadways, railroad lines, lighthouses, ports, utilities, and the like. But in 1954, the U.S. Supreme Court opened the door to a more expansive interpretation of public use when, in the majority opinion authored by Justice William Douglas in the case of Berman v. Parker, it ruled that land could be taken if the goal was to eliminate public blight. According to the court, this was a natural, clear, and universal extension of the idea of public benefit. Since that 1954 ruling, government agencies at all levels have sought to push the boundaries of public use, chipping away at property rights while expanding their own taking powers. Because most such cases are local and because issues like zoning, redevelopment, and property condemnations are equally mundane and arcane, few eminent domain cases seize the public’s attention. But then came the 2005 Supreme Court ruling so infamous it is known by a single name: Kelo. In a 5-4 ruling that stunned legal observers, the Supreme Court affirmed the majority decision of the Connecticut Supreme Court in the case of Kelo v. City of New London. The Connecticut justices had ruled that private property could be seized by the city and transferred to private developers who would build a high-end resort hotel and conference center, a park, residential units, office, and retail space. The Connecticut court’s definition of a public use or public benefit? A higher tax base. A legal and political firestorm was ignited. Steven Anderson, director of the non-partisan, non-profit Institute for Justice’s Castle Coalition, which is dedicated to fighting eminent domain abuse, says what followed since Kelo was a flurry of competing activity. “Let me put it in perspective. Over a five-year period, from 1998 to 2002, we documented about 10,000 attempted abuses of eminent domain nationwide,” Anderson says. “In the one year that followed Kelo, we saw 5,000 attempted or actual abuses of eminent domain. “What happened is many cities were emboldened by Kelo and stepped up their own redevelopment activities,” he says. And at the same time, state lawmakers, seeing the outrage in voter polls or genuinely concerned about takings abuse, moved to limit the power of their respective states. That, in turn, motivated some municipalities to step up their condemnations before the power was curtailed. Since Kelo, 38 states have increased property protections, as have many municipalities. Still, attempted abuses are happening every day, and it’s not, as one might think, questionable cases where a decent argument for public benefit could be reasonably posited. Among the more blatant examples the Institute for Justice is fighting is one in Riviera Beach, Florida, where the city is trying to seize 400 acres to build a yacht club and other luxury amenities, and another in El Paso, Texas, where the city is trying to take 183 acres downtown to turn over to a private developer. And this despite the fact that both Texas and Florida have passed post-Kelo limits on eminent domain. At the federal level, even when the condemnation is on the up-and-up regarding public use, the federal government isn’t above breaking its own rules when it runs into an obstinate landowner who follows procedure. Take the case of Harvey Frank Robbins of Wyoming. Robbins bought ranchland in 1994 but was unaware that the Bureau of Land Management (BLM) had negotiated an easement across the property with the previous owner. The reason why was quite simple: The BLM made a rookie mistake by failing to record the easement at the county courthouse. The net effect, according to Legal Times, was that Robbins owned the land free and clear of any easement. That's not how the federal government saw it. The BLM demanded that Robbins grant the easement. Robbins said not just no, but hell no. According to Legal Times, the government acted like a mafioso, saying it would not negotiate and that it would give him a "hardball education" if he refused to cooperate. Thus began a campaign of harassment that included charging Robbins with interfering with federal agents, for which he was subsequently acquitted. Robbins sued and won both in trial court and in the U.S. Court of Appeals. The case was then argued before the Supreme Court on March 19, with a ruling expected to come down by July 1. Perhaps the most chilling revelation came about during the appelate court hearing when the government's mindset was exposed. The solicitor general of the United States, Paul Clement, actually argued that no court has ever recognized a constitutional right against retaliation in the context of property rights. This mentality is what landowners may in fact face when federal and local governments come calling. Of course, back at Pinon Canyon, Colorado landowners have two strikes against them. First, they're not dealing with a local or state entity. It's the federal government they are up against. Second, condemnation by the Department of Defense almost always falls inside the traditional definition of public interest. National defense has long been recognized as within the realm of public use. No, what the landowners question is why their land, given that in western states the majority of land is already owned by the U.S. government. The area in question in and around Pinon Canyon comprises some 567 farms and ranches with cattle and crop operations that generate some $20 million worth of agriculture product a year. It's a place where roots run deep and family ranches have long pedigrees. Some go as far back as the Homestead Act of 1862. This is a place where people refer to each other's land as "his country" with all the deference that this implies. "I'd love to look at my neighbor's place and tell him what I think it's worth and just take it for that price," Louden says, his frustration not hidden. "But we have to make do with what we have. But the Army will come in here and do just that, disrupting life for all of us, whether they take our land or our neighbors' land. They already own 25 million acres. Why do they need this land here?" One of Loudens neighboring ranchers, Lon Robertson of Branson, has been at the forefront of the fight against the Army's expansion plans, heading up the Pinon Canyon Expansion Opposition Coalition, which includes some 1,100 ranchers and landowners. "It's not just the land they take. Everything around it will be affected," Robertson says. "The impact on this whole region will be monumental. It will be devastating. They say they need the land to help train our soldiers to fight for our rights. I thought one of our rights was the right to own property.” For its part, the Army says it needs the land for mechanized training, especially since the area is similar in terrain to parts of Iraq and Afghanistan. The base plans to expand the number of soldiers stationed there as well: from 16,000 to 25,000 over the course of the next two years. The land in question is a checkerboard of private and federal lands in the Commanche National Grasslands. “We need to expand PCMS (Pinon Canyon Maneuver Site) in order to ensure that our soldiers are prepared to fight and win on today and tomorrow’s battlefield,” says Fort Carson’s public affairs officer Lt. Col. David Johnson in a written statement. (Neither Johnson nor any other representatives from Fort Carson returned calls for additional details.) “Fort Carson is committed to ensuring U.S. success in the Global War on Terrorism,” Johnson’s statement continues. “In order to meet this obligation, we must be able to provide the right equipment, the right training, and a realistic training environment that challenges our Soldiers [sic] and leaders. We must train the way we fight. And this is why we must have a PCMS that replicates, as close as possible, the real-world circumstances and complexities our Soldiers [sic] will face on the battlefield of today and tomorrow.” Louden, who, like Robertson, is a leading voice in the local opposition, says that’s bunk. He believes the Army wants the land it’s targeting for one reason: convenience. “It’s convenient for them. The generals can fly down, observe training and maneuvers, and fly back to Colorado Springs in time to play golf in the afternoon,” he says. With the exception of Trinidad, which has taken no formal stance, town councils and county government officials throughout southeast Colorado are opposing this. Ranchers who lost their land 20 years ago when the Army first expanded Fort Carson line the ranks of those standing against it. A bipartisan coalition of state lawmakers, notably led by Rep. Bob Gardner (R-Colorado Springs) and Rep. Wes McKinley (D-Walsh), has taken up the cause. Through their leadership, the Colorado Legislature passed a largely symbolic measure in April condemning the Army’s plans in Pinon Canyon. THOSE IN OPPOSITION TO THE ARMY’S expansion pin their hopes on Colorado’s two U.S. senators–Republican Wayne Allard and Democrat Ken Salazar–to block expansion plans. Salazar–a fifth-generation Coloradan and rancher–has already announced his tentative and qualified opposition to the expansion as the Army plans it. “The 418,000 additional acres [the Army] has requested is difficult enough to comprehend. That addition alone would account for a large part of our state,” he said in an April telephone press conference. “At the end of the day, there shouldn’t be any Pinon Canyon expansion unless there is a ‘win-win’ situation that allows the ranching economy to continue.” But Salazar’s brother, U.S. Rep. John Salazar (D-Colorado), has come out with an unqualified opposition just as this magazine is going to press. He joined U.S. Rep. Marilyn Musgrave (R-Colorado), who was the first federal-elected official to flatly oppose Pinon Canyon expansion. John Salazar says the Army’s plan will decimate the local economy, and it’s just not needed. "Pinon Canyon has been underutilized since its inception," John Salazar said in a letter to the Army. "Simply put, the Army has neglected to make a compelling reason to acquire an additional 418,000 acres." This is small comfort to locals, who aren’t much for taking the word of government when it comes to their own land. “Yeah, they’ve made promises before,” Louden says. Worse still, many smaller ranchers in the area own smaller parcels and lease existing federal land. Even if they refuse to sell, the Army could take the government land and revoke their leases, effectively eliminating their ranches. After that, there would be less political opposition to eminent domain proceedings against the remaining holdouts, be they large or small operations. But not all of the opposition’s hopes are tied up in wooing lawmakers. Locals are also practicing a little legal judo and are using the government’s own environmental and preservation laws to stymie its plans. Steve Wooten, whose ranch lies a quarter-mile away from land the Army is eyeing, is helping coordinate local landowners in an unprecedented effort to make an ecological, biological, and historic assessment of lands heretofore inaccessible to surveyors, simply because they were private lands. “Nothing of this extent has ever been done because no one ever had access to these lands but their owners,” Wooten says. “We’re getting teams of experts in here to conduct these surveys and submit them as evidence of the impact the PCMS expansion would have.” According to Wooten, the land the Army wants to condemn includes portions of the historic Santa Fe Trail, pristine Indian sites, and even dinosaur footprints. The delicate short-grass prairie ecosystem is particularly susceptible to man’s heavy hand. Ruts made by wagon wheels 130 years ago are still visible. “What do they think will happen when we have heavy armor doing doughnuts on this land?” Wooten asks. And how accurate is their EIS [environmental impact statement] going to be when we’re not letting them have access to the land they want to take?” Wooten says the studies will be used to bolster efforts in the fight by pitting the Army against the environmental and preservation regulations. Completing the private studies will take about one year, roughly half the time the Army is setting aside for its own EIS assessments. That’s two years that opponents and supporters have to wage the public relations battle, two years that include the 2008 elections and a likely drawdown of troops deployed in Iraq. That’s two years of public hearings and another session of the Colorado Legislature. If anything, time and public opinion are on the side of those standing for their land. Passion for property rights is deeply ingrained in the American psyche, and Kelo has only heightened this awareness. “We are all Americans. We all support our country and our military. But the military is supposed to answer to the people, and to serve to protect our rights,” Louden says. “What is the military defending us from if they’re the ones who take our land?”]]> 44 0 0 0 https://landreport.com/2007/09/bill-may-force-landowners-to-shoulder-firefighting-cost/ Sat, 01 Sep 2007 07:00:33 +0000 https://www.landreport.com/?p=78 By Joseph Guinto Some will ask nicely: A bill in the Senate sponsored by Sen. Harry Reid, the Nevada Democrat who is that chamber’s majority leader, and by his Nevada Republican counterpart, Sen. John Ensign, would provide incentive payments for landowners to regularly clear the underbrush that helps fuel wildfires. Some will ask not so nicely: State and local lawmakers out West are considering boosting wildfire protection fees charged to landowners living in or near forested areas. In Washington state, legislators are addressing whether the current fee, $18 per every 50 acres, is high enough. The proposed legislation is partly in response to political pressure on the U.S. Forest Service. That agency is responsible for fighting major forest fires, whether in a lead role or by providing aid to local firefighters. And that responsibility is getting more costly. In 2006, nearly 13,600 square miles of  land burned in the United States, a record amount. Fighting large wildfires, like the one that broke out near the Hollywood Hills atop Los Angeles in May, can cost as much as $1 million a day. And in this decade alone, the Forest Service’s annual firefighting budget has almost tripled. It's expected to hit $3 billion this year. The Government Accountability Office says that growth is too much, too fast. In a report to Congress earlier this year, the GAO suggested that the Forest Service was spending too much on fire suppression and not enough on prevention. But officials with the US Department of Agriculture, which oversees the Forest Service, say their job has been complicated by development. In particular, they say landowners whose properties are near or within forests have made fighting wildfires harder, in part because their properties can provide fuel for the fires, and have forced them to fight fires differently–focusing on protecting private properties rather than heading off fires as they creep deeper into forested areas. In Congressional testimony this past June, Agriculture Undersecretary Mark Ray made this point clear, saying, “Every new subdivision presents … an inherently more expensive fire-suppression cost, if we're going to defend that subdivision." No one is suggesting neighborhoods be abandoned, but they are suggesting that properties located deep within forests could be at risk. One budget-saving measure the Forest Service is already adopting is to let some fires in remote areas burn themselves out. This natural way of letting forests thin themselves can help prevent larger fires, but for landowners deep within forests, that’s bad news. Forest Service officials have said they will act to save lives deep in the woods, but the agency's director of fire and aviation management told the Los Angeles Times recently that they may not act to save property there. Regardless of Forest Service reforms, lawmakers seem intent on tasking landowners to do more. But if Reid’s legislation passes, they’ll get something in return. At the local level, there could be an extra benefit for landowners in forested areas near urban centers, and some local governments may relax anti-sprawl regulations to allow homes near forests to be built farther apart, allowing for wider roads that firefighting vehicles can more easily navigate. And there remains the possibility that local governments could fine landowners who don’t regularly clear certain types of brush. The bottom line: The summer’s fires may be out, but the political smoke is far from clearing.]]> 78 0 0 0 https://landreport.com/2007/08/atv-riders-face-new-laws-on-public-land/ Wed, 01 Aug 2007 07:00:23 +0000 https://www.landreport.com/?p=82 By Joseph Guinto This summer, the group, which consists of former National Park Service rangers and former officials from the US Forest Service and Bureau of Land Management, asked Congress to investigate the financial impact on public lands of damages caused by off-road vehicles. The group also suggested that off-roaders who divert from designated trails be subject to having their hunting and fishing licenses suspended and their vehicles confiscated. Although their concerns are not new, the influence they wield may be. Off-road vehicles have been causing concerns for years, as suburban and ex-urban neighborhoods push into formerly open lands, forcing off-roaders to increasingly turn to the wide-open spaces of public lands and rural, private properties. But many public lands are not equipped to handle the vehicles-trails are poorly marked, if marked at all, and not enough rangers are on hand to guide riders to proper riding places. That's where PEER and Rangers for Responsible Recreation want Congress to come in. Calling "reckless" off-roading the "single greatest threat to American landscapes," they're hoping to convince lawmakers to account for the damage being done by off-road vehicles to sensitive ecosystems in hopes that it will push Congress to boost funding for protecting public properties. Off-road riding advocacy groups bemoan PEER's condemnation of off-roaders but support better trail development and efforts at rider education. Congress may already be listening to both sides. The House and Senate have passed funding increases for the US Forest Service's Trails and Recreation budgets for fiscal year 2008. That's a key line item. Trails and Recreation are where the Forest Service is getting the money to pay for development of a comprehensive trail system for off-roaders to use. That project, launched in 2005, is to be completed by 2009. It would not only pave proper trails but more clearly mark them as well. This past summer, the House upped the Trails budget by $4.6 million from fiscal 2006. The Senate approved a lesser increase of $2 million. The sides are expected to come together on a compromise increase this fall. In the meantime, PEER and its group of concerned rangers will keep pushing for more out of Capitol Hill.]]> 82 0 0 0 https://landreport.com/2007/10/animal-id-system-faces-heavy-opposition/ Mon, 01 Oct 2007 07:00:56 +0000 https://www.landreport.com/?p=133 By Joseph Guinto A program the US Department of Agriculture calls “one of the largest systematic changes ever faced by the livestock industry” may be in trouble. The National Animal Identification System, which has been praised by some large livestock companies and panned by many individual landowners, was criticized in a government audit this summer. The Government Accountability Office concluded the NAIS might be “in danger of losing momentum.” At the same time, the U.S. House of Representatives didn’t include new, direct funding for the program in the version of the farm bill it passed. (At press time, the Senate’s version of the farm bill was unavailable.) The NAIS has been plagued by controversy ever since the USDA announced it four years ago. The program was designed to track livestock by location. It asked landowners to register their properties — an address will usually do, but some instances require latitude and longitude coordinates — and register all animals kept on their property. Landowners would also have to log the animals’ whereabouts from birth until death and even implant radio frequency identification tags to help track the animals. Despite how Orwellian that sounds, the intention behind the NAIS — improving food safety — is unassailable. The USDA insists the program will allow the government to track disease outbreaks among livestock bound for the food chain. That ability — to track and potentially limit animal-borne diseases — could make US food products more desirable on the world market, especially since other countries have adopted similar programs. No surprise, then, that the NAIS has found considerable favor with large livestock producers in the United States. It hasn’t been as popular, though, with some individual landowners. Though the NAIS is a voluntary program, its big-brother aspects have raised the ire of hundreds of landowners who either keep livestock as pets or for limited commercial use. Opposition groups like the Farm and Ranch Freedom Alliance and the Liberty Ark Coalition have been formed to stifle the NAIS. One Liberty Ark member called the NAIS “one of the most all-encompassing attacks on our right to farm and keep pets as has ever been fomented.” The government has clearly been listening to that opposition. State governments, that is. Legislation has been proposed in 12 statehouses that would ban or limit states’ participation in the NAIS or similar programs. Those proposals come even as the USDA is funding grants to state and local governments that develop their own registration programs. The USDA has already handed out $35 million in grants. But that money didn’t help 16-year-old Brandi Calderwood. She was ejected from the Colorado State Fair’s junior livestock sale this summer because the fair’s board had voted to require entrants to be in compliance with some aspects of the NAIS. Though Calderwood did register her animals, the board believed she erred in correctly identifying their location. That’s the kind of bureaucratic mess opponents of the NAIS say will spread nationwide should the program be made mandatory. But the GAO says that if it remains a voluntary program, “that may affect [the USDA’s] ability to attract the necessary levels of participation” to make the program effective at limiting animal disease outbreaks. Initially the program was to be mandatory, but responding to opposition from some industry groups, the USDA made the program voluntary in 2006. NAIS has more than 400,000 registrants, and the USDA hopes all livestock owners will be registered by 2009. One of the objections to making the NAIS mandatory was that the USDA had not yet said how much the program would cost individual livestock owners. The GAO also criticized the USDA for not conducting a cost-benefit analysis on the program to prove that “the potential benefits of the program outweigh the costs.” The USDA just awarded a contract to several universities to do an independent cost-benefit analysis on the NAIS. And with the House apparently not in the mood to directly fund the program this year, that study, due back early next year, may prove to be both the figurative and literal bottom line on the future of the NAIS.]]> 133 0 0 0 https://landreport.com/2007/08/nolan-ryan-pitches-perfect-investing-game/ Wed, 15 Aug 2007 07:00:24 +0000 https://www.landreport.com/?p=216 216 0 0 0 PUBLISHED SEPTEMBER 2007]]> 16241 http://www.bateslandco.com 0 0 https://landreport.com/2007/07/sweet-home-alabama/ Sun, 01 Jul 2007 07:00:41 +0000 https://www.landreport.com/?p=246 On the shores of Alabama's largest lake, American Idol winner Taylor Hicks has found the perfect piece of property. Now all he needs is the time to enjoy it. Taylor Hicks has got a problem. It’s got nothing to do with the task at hand — his New York stage debut as “Teen Angel” in the current revival of Grease on Broadway at the Brooks Atkinson Theatre — and everything to do with his jam-packed schedule. The winner of the fifth season of American Idol, Hicks rocketed to the top of the charts with his single “Do I Make You Proud,” which debuted at the No. 1 spot on the Billboard Hot 100 chart and was certified gold. His major label debut Taylor Hicks started out at No. 2 on the Billboard 200 charts and made it all the way to platinum. Now he’s arrived on the Great White Way, where I tracked him down on his cell phone just prior to stepping into a rehearsal for the popular musical. And the man’s problem? He’s hit the big time, and that means he’s got next to no free time to head home and kick back on a special piece of property he’s bought in the Heart of Dixie. Long before the Soul Patrol helped catapult Hicks to the top of the charts, he spent many a year doing hard time, learning the ropes and working his way from gig to gig throughout the Southeast. In big cities and small towns, he not only created his own signature style, but he fell in love with a stretch of country along the largest body of water in Alabama — Guntersville Lake. At 69,000 acres, the man-made lake was created decades ago by the Tennessee Valley Authority when it walled off a 75-mile stretch of the Tennessee River from the Guntersville Dam to Nickajack Dam. The resulting lake is an integral element in the navigation channel that spans the length of the Tennessee River from its headwaters in eastern Tennessee, into Alabama, back into Tennessee, and ultimately merging with the Ohio at Paducah, Kentucky. There’s also one other attribute to the lake. “It’s gorgeous,” says Hicks. Like every Alabaman, Hicks grew up hearing about Lake Guntersville, but it took a college buddy to really show him the lay of the land. “After we got out of Auburn, I used to book Taylor in here at The Docks, and of course nobody showed up,” says Mark Hall, who owns the popular restaurant on the shores of the lake. “Now that he’s won American Idol, I can’t afford him, and everyone keeps asking me when he’s coming back,” he adds, breaking into laughter. Back at Auburn, the two were stuck in the same rut. “I was a broke chef, and he was a broke musician,” says Hall. “He was playing gigs, and I was studying hotel and restaurant management. We’d get together with all our friends at wherever we were living. I’d cook for everyone, and he’d put on the show.” After college, Hall returned to his picturesque hometown of Scottsboro, the county seat of Jackson County, site of a hefty portion of Lake Guntersville. The City of Scottsboro owns an amazing facility on the lake called Goose Pond Colony, which as Hall quickly points out has two 18-hole golf courses, a full-service marina, swimming pool, and of course The Docks, the kind of place where a group of business types might be closing a deal at one table, and right next door a family of four just got off the water. Hall insists on free live music every Thursday, Friday, and Saturday. Throw in some of the best large-mouth bass fishing in the South, and it only took a couple of trips to Lake Guntersville for it to become a favorite for Hicks. “It’s a special place. I’ve got plenty of friends that I’ve had relationships with over the years just playing, performing for folks up there. It will always be a special place in my heart. The bass fishing on Lake Guntersville, it’s just awesome. I love the lake,” he says. So much so that the year after he became America’s Idol and vaulted to the top of the charts, Hicks ended up buying an amazing piece of property on Goose Pond Island at a lakeside community called The Oaks. Not surprisingly, he made sure it came with all the extras he needed: two marinas, a boat launch, clubhouse, gated access, and, most importantly, unbelievable views. “I’m looking down over the water. I’m looking down and across it. You’re on the water, you’re close to it, you have a slip for it. And there’s so much to do on the water. It’s just a great lake to be on,” he says. The only catch, as Hicks readily admits, is that given the demands of his hectic schedule, he only makes it up to Goose Pond Island just once or twice a year. “Right now, the phone is ringing off the hook,” he says, as our easy-going conversation begins to wind down. “So I’m having to straddle and perform and do records and Broadway, but when things settle down, you’ll definitely see me on that lake, that’s for sure.”]]> 246 0 0 0 https://landreport.com/2007/06/americas-greatest-landowners/ Fri, 01 Jun 2007 00:00:39 +0000 https://www.landreport.com/?p=251 I always wanted to be a Cartwright. To me, Bonanza wasn’t just some paint-by-numbers Western. The villains weren’t Indians or desperados. They were politicians, bankers, and railroad types, all of whom were hankering to get their hands on a piece of the Ponderosa. By Trey Garrison At its heart, Bonanza was a series about an American landowner, Ben Cartwright, who ranched 1,000 square miles of the richest timberland and grass country in the Nevada Territory. (Ben also sired three sons by three different wives, each of whom met suspiciously tragic ends, but let’s not go there.) Ben’s love of the land was evident from the first episode. More important, the insights and advice he gave his three sons are applicable to all landowners and worth their weight in silver. Respect the Land In an early 1959 episode — keep in mind this was way before conservation became cool — the Cartwrights are shown cutting down a Ponderosa pine that Ben reckons is more than 400 years old. As they finish the job, Ben directs the boys to plant a new sapling. One out, one in — conservation’s golden rule. Know Your Sheriff For some reason, Virginia City seemed to attract more ingenious murderers than Dick Wolf could ever squeeze on Law & Order. Consequently, the Cartwright boys spent more time cooling their heels in jail than the Dallas Cowboys lineup in the mid-1990s. They were always innocent, and Sheriff Roy Coffee typically released them to Ben’s custody, which allowed the Cartwrights to capture the real killers. Even back then, Ben knew that it’s always better to get to know the locals before you need their help. Never Give An Inch When Samuel Clemens (aka Mark Twain) comes to Virginia City, he discovers a local judge conspiring with a robber baron to seize some prime timberland on the Ponderosa. The Cartwrights first fight with guns and then do battle at the ballot box, triumphing in part thanks to Clemens’s wit. Ben knew if he let the railroad set a precedent, developers with local politicians in their pockets would use eminent domain to carve up the Ponderosa like a Christmas goose. Stewardship Pays Ben knew how to profit from his holdings and regularly leased timber rights. But woe unto hydraulic miners. Ben and his fellow ranchers fought bitterly to keep those scalawags from scarring their lands. Ben loved making money, but not by ruining the land. Know Your Neighbors At least once or twice a season, some gringo would ride into the territory and stir up the Paiutes. Invariably, the angry Indians would go on the warpath. Was it the cavalry or Hoss that kept the Ponderosa safe? No, it was Ben’s good relations with his Paiute neighbors. Talking over the fence every now and then pays big dividends when a bad wind blows. It’s rare television magic that can engage a kiddie cowboy on a stick horse and still offer lessons that hold true decades later. You could do worse than channeling your inner Cartwright now and again. And if Ben is right, you can’t do much better than finding your own Ponderosa.]]> 251 0 0 0 https://landreport.com/2007/10/corn-drives-land-prices-higher-and-higher-2/ Mon, 01 Oct 2007 07:00:12 +0000 https://www.landreport.com/?p=2039 It’s official. The New York Times proclaimed in August that the market for Midwestern farmland was “hot,” a declaration akin to labeling Hurricane Katrina “dangerous” two weeks after it devastated the Gulf Coast. Anyone remotely familiar with the Corn Belt knows that rural land prices have skyrocketed for several years. Here’s a rundown of some recent figures. The amount of corn used for ethanol production has increased fourfold since 2000 from 600 million bushels to more than 2.4 billion bushels in 2006. FACT: 16.5% Increase in average price of an acre of land in Iowa In Iowa, the average price of an acre surged 16.5 percent to $4,313 for the year ending March 1, according to the Realtors Land Institute (RLI). The USDA reports Missouri farm values up more than 15 percent to $2,280 per acre. Even recreational land prices surged: 12 to 13 percent in Illinois, according to the Illinois Society of Farm Managers and Rural Appraisers. And the fuel propelling these increases? Government subsidies for corn ethanol. The amount of corn used for ethanol production has soared fourfold since 2000 from 600 million bushels to more than 2.4 billion bushels in 2006 (more than 20 percent of the U.S. corn crop). According to the USDA, that number will increase more than 40 percent in 2007 when an estimated 3.4 billion bushels are used. In addition to keeping corn prices at near-record highs, this trend has led to a decrease in the number of acres planted in soybean and cotton, the conversion of Conservation Reserve Program acres back to cropland, and even farmers in nontraditional corn states converting crops to corn. Broker Randy Hertz has been monitoring this price surge from the eye of the storm: rural Iowa. The president of Hertz Real Estate Services and the 2006 national president of the RLI, Hertz labels this phenomenon “ethanol euphoria.” He also offers some advice to those unfamiliar with the driving force behind these production numbers: “Never underestimate the ability of the American farmer to produce corn when the price is high.”]]> 2039 0 0 0 https://landreport.com/2007/09/interview-jill-rappaport/ Sat, 01 Sep 2007 07:00:18 +0000 https://www.landreport.com/?p=10730 Photography by Linda Solomon Things got Western when Katie Couric left the Today Show for the CBS Evening News–at least, that is, at the going-away party hosted by Today’s entertainment correspondent Jill Rappaport. From the award-winning Texas-style barbeque to Rappaport’s down-home hospitality, it was an affair to remember for the news anchor’s large circle of friends and family. The high-profile guest list that convened at Rappaport’s Last Buck Ranch ranged from Kelsey Grammar to Christie Brinkley. One of the most memorable aspects of the entire afternoon was its woodsy, Western setting–just two hours outside Manhattan. Shinnecock Hills Gold Club, shingle style houses, Stanford White–the Hamptons has an iconic style, one that instantly evokes timeless images first popularized in The Great Gatsby and now trumpeted by Ralph Lauren. Too bad none of that mattered to the transplanted Michigander. “Let’s be honest,” she says. “You live on Long island, you’re a stone’s throw from the ocean, and (for) the majority of people that come out here, it’s their dream and their passion to be overlooking the water. And while I think the water is magical and beautiful, I prefer the fields and the land. So I live literally five minutes from the ocean. But to me, I just love that I have these 60-foot timbers, these 60-foot pine trees and rolling fields and trails and a little pond below. It’s really such a unique terrain in this part of the country. It’s like this little piece of — I don’t know — Montana wilderness on Long Island. It really is,“ Rappaport says. [caption id="attachment_10726" align="alignright" width="300"] "You have to have a love of the West, a love of horses," Rappaport says of her Last Buck Ranch.[/caption] The trail to the Last Buck Ranch was a long and winding one. Rappaport was no newcomer to the Hamptons; she had bought and sold several homes. In the mid-1990s, she was renting a place while she finalized plans for a new horse farm. She had already purchased a 33-acre parcel in a reserve and was getting ready to clear the land — an onerous chore she was not looking forward to. “When you’re south of the highway, you’re dealing with a lot of other things you really don’t deal with north. And so I just thought, ‘Oh, boy, this is going to be such a huge undertaking’,” she says. Out of the blue, she caught a break. A real estate broker called her with the news of a foreclosed property. With the exception of a tiny log cabin, the heavily wooded six-acre tract had almost no improvements. “It looked like a hunting-fishing lodge — just this little, tiny log cabin stuck in the middle of the woods. There was no pool. There were no pastures. It was just very, very secluded. And then there was all this land around it that obviously was owned by other people, but it was just a beautiful priceless little piece of property in the middle of nowhere that no one really knew about until a bank foreclosure on a snowy day, and that’s how it came to be,” she says. “I drove up and said ‘I’m taking it’ without even going inside.” Her dream property under contract, she sold her 33 acres. By 1996, she had moved on to her land and had begun the first of many construction projects: a barn for her horses. That would be followed by split-rail fences, utility sheds, and an outdoor pool. Her most recent project? A 7,000-square-foot main residence that was recently completed and has already graced the cover of Architectural Digest. Given the look she wanted, she knew she would have to go far afield to find the right contractor. “I hooked up with Pioneer Log Homes. They’re so wonderful,” she says. “They’re out of Montana. And they were really great with me because I really was the architect. I mean, they had an official architect, a legitimate one to actually draw up the final plans, but I would send pictures. I would take pen and paper, and I would draw what I wanted. And it took two years of back-and-forth drawings before I settled on a design because I was initially getting drawings that were a little too postmodern, a little too ski-lodge-y for me. It took two years and then another two years to get it built. Yeah, it’s almost a five year labor of love from inception to walking in the front door.” To Rappaport, however, the real story of the Last Buck Ranch is about the land. “I adore my house, and obviously I was totally involved in it from the ground up — picking every tile, every toilet, every log color, picking the chinking. I really was hands-on,” she says. “But as far as the importance of just being able to have land to have my horses on and jog and run and let the dogs out, there’s something about that feeling that is just like no other material possession. I mean, to me it’s beyond the material possession land.” Her dream come true is not for everyone. “It’s definitely a very unique property. You have to have a love of the West, a love of horses. It’s a very, as I call it, a patina-friendly house. The more scratches, you spill something on the floor, the better. It’s not one of those pristine, sparse, gorgeous gamble mansions in the Hamptons. This is a very animal-people-guest-friendly house. The more beat-up, the better. It’s that vintage worn-out feeling that I love. Like an old, used pair of cowboy boots — that’s how I equate the house. “That’s the whole idea of a home like this. When people come over, you want them to feel at home and comfortable. And in our case, so many people come here, they never want to leave because they’re so comfortable, which I don’t know if that’s a good thing or not. But I have four dogs. They are all strays, all rescues. And believe me, you can’t have four dogs and six horses and expect the property to be white-glove-friendly. It’s a ranch. It’s a working horse ranch. That’s how I look at this property, and I love it. I just love people, you know, and I just walk around all day. I don’t wear a stitch of make-up. I’m always in my riding boots, and the dogs are running around with the horses. It’s just a really unique property,” she says. “Now, granted, we don’t have mountain ranges here on Long Island, but it’s the closest thing to that Western magical paradise that I could have on the East Coast, and I think I have attained it pretty well, actually,” she says. Rappaport quickly points out that whatever Long Island lacks in terrain, it definitely makes up for in climate. “In the middle of winter, you can have two feet of snow, and the horses are out in the rolling fields, and you know it’s Christmastime with the Christmas lights glistening off the snow. And then the fall is so magical because everything turns orange and burgundy and green and just the colors of the changing of the leaves here, especially with these 60-foot pine trees and how everything changes to these beautiful colors. There’s nothing like fall. [In] spring, everything just goes wild here, and then…[this] really is, and always was in the past, a summer community. But now people like myself have realized a long time ago that this is a year-round paradise.” If there’s one lesson Rappaport has learned while buying and selling her many homes and different pieces of property, it’s that patience is not a virtue; it’s a necessity. “I have had friends that were looking for properties and things fell through and they’re hysterical. They’re like, ‘I can’t believe I lost that.’ And I said, ‘You know what? It wasn’t meant to be yours.’ And I really do believe that this kind of land and your haven, your little safe haven, when it happens is when it’s going to happen,“ she says. One last question for the happy landowner: What’s in a name? “I called it the Last Buck Ranch for two reasons: (a) it was my last buck, and (b) playing off the deer … I creep down my driveway like five miles an hour because there are always deer. We have wild turkeys and pheasants, and it’s just like a wildlife sanctuary back here.”]]> 10730 0 0 0 https://landreport.com/2007/07/francis-ford-coppola-directs-a-masterpiece-with-his-wine/ Sun, 01 Jul 2007 07:00:56 +0000 https://www.landreport.com/?p=155 Wine Spectator. Yet like so many aspects of his career, Coppolas roots as a winemaker were not tied to winning kudos but to his passion — in this case, an amazing piece of property. In 1974, Coppola and his wife, Eleanor, were living in San Francisco with their two boys, Gian-Carlo and Roman, and daughter Sofia. His latest film, The Godfather: Part II, was both a critical and a commercial success, and the family was enjoying life in the city by the bay. “It just seemed so interesting to me that when I lived in San Francisco, I thought, gee, we are quite close to the Napa Valley” Coppola says. “We ought to have a summer house. And we had boys. They couldn’t go swimming or whatever, and then in the back of my mind I thought … we could also have some acres of grapes and recapture that wacky tradition of making wine with the kids jumping in the grapes. And that’s what we did.” Getting his kids knee-deep in Cabernet Sauvignon may have been his motivation, but finding the right piece of land in the Napa Valley proved to be a considerable undertaking. The couple drove back and forth from San Francisco to Napa, scouting different properties for more than a year with no luck. Finally their real estate agent told them that the Niebaum Estate was going to be auctioned. “And we said, ‘What’s the Niebaum Estate?’” Coppola says. Only the most storied vineyard in the history of the Napa Valley. Gustave Niebaum was a Finnish fur trader and sea captain who hit it big in the late 19th century. Like Coppola, he settled in San Francisco, and he too sought a Napa County getaway. In 1880, Niebaum founded the Inglenook Estate in Rutherford, which is now located at the heart of the distinguished winegrowing region. Within a decade, Inglenook wines were internationally renowned. Although Niebaum died in 1908, his fabled winery stayed in the family until 1964 when it was sold to Allied Grape Growers and, eventually, Heublein Corp. “It was this beautiful house and we thought, oh, this is where the rich people live,” Coppola says. And it was so beautiful that we made a bid.” They didn’t win, and although they were disappointed, the Coppolas continued their search, visiting bigger homes and bigger estates. The result was a realization that an exceptional opportunity had been lost. “Everybody said, ‘Inglenook was the Queen of the Napa Valley And so we were sort of a little discouraged,” Coppola says. “And then a year later, because of the change in the agricultural laws, the people who had bought the estate were not permitted to develop the mountain into homes, which is why they bought it,” he says. And so we heard the rumor that it was going to become available, and we just grabbed it.” Coppola purchased 1,560 acres of the Inglenook Estate in 1975. “[The land] is just very, very beautiful. It’s a whole small country. It’s very big, and each part of it has another joy. It has forests and mountains, lake and vineyards, and many, many attractions. So over the years, I mean, it was just a fabulous home and fabulous climate, weather, and we sold the house in San Francisco and just moved there permanently. And, in fact, I raised my kids there. My kids went to the local schools in St. Helena, and it’s just a sort of a paradise.” As a child, Coppola listened to his father and grandfather tell stories about making wine during Prohibition in the basement of their New York City home by stomping the grapes with bare feet. The image of that lingered in Coppola’s imagination for years. “The thing that was in the back of my mind were these stories I had heard from my father and uncles about how they actually made wine in New York and just the story of the kids trying to steal the grapes,” he says. “And I said one day, ‘Maybe we should make wine.’ And I had no money at all because I was going through all the reverses of some movie I had financed and lost with, and I remember I borrowed like $40,000 from my mother to just begin a small winemaking operation. That’s when we made the first Rubicon,” he says. In 1977, his vision was realized as he watched his father, his kids, and his wife stomp grapes barefoot in the basement of their new Napa Valley home. That lot produced four barrels of a critically acclaimed wine that was never commercially released. A winemaking tradition was born, one that continues to this day. In the decades since, Coppola has found himself faced with many decisions. Quite often he feels it best to trust his heart as well as his head. “One day I came home to the estate and I noticed the whole vineyard was planted with aluminum grape stakes, you know, these poles. And I looked at these aluminum poles and normally it’s wood. I called the guys and asked, ‘What is this?’ All of a sudden I’ve got to look out at a farm of aluminum grape stakes. And they said, ‘This is the newest thing because the wood … gets old, you have to replace it, and the aluminum is good forever. What’s more we’re going to plant the new XR stock, which everyone is going to, which is a root stock that is guaranteed … to be resistant to any form of pestilence or pest or phylloxera.’ I said, ‘I really do not want to look at aluminum grape stakes.’ So I asked them to take them all out. And I don’t want the new XR stock either. I want the original kind that Captain Niebaum had in the estate.’ They all thought I’m a wacko, but they pulled it out. Pulled out all the grape stakes and pulled out all the XR and planted it with the original ones,” he says. As many disappointed Napa vintners eventually learned, the new and improved XR root stock was not bulletproof. It was, in fact, vulnerable to the dreaded phylloxera, a tiny insect that has decimated vineyards worldwide. Coppola says, “All over Napa Valley, vineyard after vineyard, large, large amounts of acreage all got phylloxera. So that’s how sometimes being a little bit of a fanatic can save you multimillions of dollars.” Being a good steward of the land is a top priority for Coppola, who is a sentimentalist at heart. His initial purchase, in 1975, was of only a portion of the Inglenook Estate. The Queen of the Napa Valley had been parceled off in several sales by the Niebaum heirs as well as subsequently by Heublein. In 1995, two decades after his initial acquisition, Coppola acquired the remaining portions of the Niebaum Estate, including the stately chateau, which took two years to renovate and return to its original glory. From the very start, however, Coppola has treated his land with utmost respect: nurturing it and bringing out its best qualities. He has plans to revive an old olive grove on the estate and grows all his wines organically. In 2006, he purchased the former Chateau Souverain Estate in neighboring Sonoma County. He renamed it after his more affordable wines, Rosso & Bianco, and gave the Rubicon name to the Inglenook Estate, where his higher-end wines are produced. The Diamond Series Collection, Sofia, and his new Director’s Cut line are all crafted at Rosso & Bianco. “It’s so rare in American history. I mean, there are great old things that are broken apart and sold off to companies and split into pieces like the movie studios, for example. And that’s what had happened to Inglenook. The winery was shut down, and the winemaking, since it was part of the big company, was moved over to another winery in Oakville. We pieced it all back together and restored it all. And it stands today as it had been.]]> 51810 0 0 0 https://landreport.com/2007/07/the-law-of-the-land/ Sun, 01 Jul 2007 07:00:49 +0000 https://www.landreport.com/?p=90 By Trey Garrison Stephen Small paces the stage of an auditorium at The American College in Bryn Mawr, Pennsylvania. Despite his low-key speaking style and his obtuse subject matter-federal tax code-the Boston attorney holds his audience's attention like a prophet preaching salvation, which in effect he is. Small works the crowd, answering questions and drawing engrossing illustrations from his iconic legal career. His styled silver hair and trim physique, wrapped in a simple tailored black suit, belie his 61 years, just as his confident Midwestern accent runs counter to his Boston roots. The 50-plus audience members range from bookish attorneys in suits and tennis shoes to conservancy directors to curious local landowners. Everyone, it seems, is taking furious notes because all seek protection in one form or another: to protect a valued client from possible tax liabilities, to protect a piece of land from crass development, to protect a cherished legacy from the bad decisions of a dim-witted heir. And with Small, they are indeed finding their salvation. Or something very nearly like it. The 1967 Yale graduate was a young lawyer with the IRS when he helped write the tax code for conservation easements in the early 1980s. Since then, the laws themselves haven't changed much. What has changed is the landscape of America. "When I left the IRS in 1982, I was the foremost authority on a topic no one cared anything about. Over the past 25 years, everything has changed. What I see now is an interest in conservation easements I couldn't have dreamed of back when I started," Small says. Quick backgrounder: Conservation easements are a voluntary agreement made by a landowner and a nonprofit organization. (Or, in much rarer cases, a government entity.) The easement places restrictions on the development or use of the land even as the landowner retains his or her other rights. Each easement is tailor-made for the land in question; owners can still use the land for anything not prohibited by the easement. But there is a catch: Once given, an easement lasts forever. The tax code requires that the easement be enforceable in perpetuity. So what does the landowner get in return? For one, it's an assurance that his or her land won't be developed or subdivided by heirs or subsequent owners. That's the altruistic angle. But there's another aspect as well: money. Or, rather, saving money. Conservation easements are treated by the tax code as charitable contributions, and this year the deduction would be equal to writing a check to your alma mater. Right now there exist deductions almost unheard of in IRS history, but unless the increased deductions are renewed by Congress, they will expire at the end of the year. Previously, an individual could deduct the value of a conservation easement donation generally up to 30 percent of the donor's contribution base for the year with a five-year carryforward of any unused amount. Also, under the old law, a corporation could deduct 10 percent of the corporation's taxable income for the year, with a five-year carryforward. Under the new law-and remember, it's set to expire at the end of 2007-landowners can deduct the value of their donated easement up to 50 percent of their adjusted gross income over as many as 15 years. And qualified landowners who derive their primary income from ranching or farming have an even better deal: 100 percent of their income is deductible with a 15-year carryforward. Also, landowners in some states, including Colorado, Maryland, North Carolina, and Virginia, are eligible for deductions from state income taxes as well. "This is a tax-planning opportunity the likes of which we've never had before," Small says. "If it's extended, fine. But anyone who wants to take advantage needs to assume it won't get renewed and needs to start doing their work now. "Now, the difference between 30 percent and 50 percent, while nothing to sneeze at, is minor compared to the difference between a deduction you can carry forward for 6 years versus 15 years," Small says. "A charitable donation now, to lock in a 15-year carryforward to use against an anticipated income event in, say, 10 years, seems to me to be a value no one would want to miss." In short, he says, landowners who are interested in increased incentives need to act now. And landowners across the country are heeding the call. From picturesque New England to the wide-open space of the West, conservation easements and land conservancies are spreading like wildfire. Douglas Hart wears two hats in Billings, Montana. He's a director and principal partner for Hall and Hall, a leading real estate firm out west. And he's also director of the Wyoming Stock Growers Agricultural Land Trust, whose mission is to preserve ranches and the ranching way of life without violating the local ecosystems. To Hart and other ranchers, "government regulation" is a phrase polite people don't use in mixed company. A rude epithet automatically precedes it. Conservation easements, however, are an agreeable, even preferred, means to protecting the land. "We've had the opportunity to get out in front of this and educate people about how this is a way they can ensure [the future of] their land without having a bunch of rules come down from Washington," Hart says. "There are a lot of people who see anything the government does as a communist plot, but people are realizing this is keeping land in private hands and with easements enforced by private entities. There's just no way for the land or the easement to end up in government hands, and that's appealing." Hart says there tend to be more easements donated by landowners who are not necessarily the operator-owners. "Rural ranchers and farmers don't have a lot of income, even if they have a valuable asset. Of course, the bona fide operator may want to preserve their family farm anyway, and that's who among them would donate an easement," Hart says. "But the people in the best position to take the best tax advantage of [conservation easements] are people with a high income or people who are looking at a high-income event a little down the road." Determining the value of an easement, of course, takes a little savvy, and that's what Small's seminars cover in addition to legal issues. (More information is available at www.stevesmall.com.) The value of the easement as a charitable gift is determined by an appraiser who values the property before and after the easement restrictions are applied. The difference between these two values is generally the amount of the charitable gift for tax purposes. And every easement is unique. Some might allow agricultural production but not timber harvesting. Some might allow homebuilding on a few acres while reserving the rest of the acreage. Some might allow hunting and subsurface mining while precluding agricultural use. Some allow limited development on certain tracts, disallowing it on others. How much building is too much? Depends on the land in question. "There's every combination you can think of," Small says. "When I started, there was no information, almost no land trusts, and no one could be bothered to hear what a conservation easement was." A quarter of a century later, Small's yeoman efforts have changed the landscape. Today there are close to 2,000 land trusts operating in the United States and more than 5 million acres under easement. Small is passionate about both the law and the land. Ironically, he is a city boy who has never owned more than a quarter-acre lot in the urban confines of Boston. He remembers early on how little information was available to landowners. There was no shortage of books lining the shelves on how to develop land but nothing on conservation easements. In the late 1980s, he put together a compilation of his memos into a self-published book titled Preserving Family Lands. Little did he know that the book and its sequels would sell more than 100,000 copies in decades to come. Small has been at the vanguard of the conservation easements movement, representing landowners or conservancies in some of the most important donations and purchases in history. He advised the New England Forestry Foundation in the largest easement deal ever: a record-setting 762,000 acres in 2001 by Maine's Pingree family (see The Land Report, April 2007). Although the Pingrees sold the land's development rights for $37 per acre (more than $28 million), their Seven Island Land Co. continues to run timber operations on these holdings. Small has acted as counsel to more than 500 individual and family property owners. He was an adviser to the seller in a $100 million conservation purchase by a government agency and counsel to the easement holder in what he believes is the largest conservation easement purchase by a non-profit to the tune of $60 million. "The field has moved," he says. "The field has exploded. I've never been so busy in my life." Two of his favorite deals involved watershed easements that pointed the way for landowners. The first was the late Gertie Legendre, who owned Medway Plantation, almost 7,000 acres just outside Charleston, South Carolina. "Gertie donated easements to Ducks Unlimited and Historic Charleston Foundation, and she [set] an example in the state. Others followed there," he says. "The other was Bob Woods of Martha's Vineyard. Bob owned 530 acres of land on Martha's Vineyard. He loved his land, which he inherited, and wanted to protect the land for nature as his mother had. The property is now under easement to The Nature Conservancy." That's the kind of motive for people like Rhett and Barbara Austell, prominent landowners in the Philadelphia area who attended Small's seminar in Bryn Mawr. They aren't (necessarily) seeking the income tax savings. They are more interested in preserving their family lands and preserving the open green spaces they have come to love. "We've seen too many families allow their land to be developed or divided and whatever is left is ruined," Barbara says. Asked whether she thinks placing such limits on lands she will bequeath to her heirs is fair to them, she quips, "They're fortunate to inherit land, and if we are leaving it to them, we should be able to place whatever conditions on it we desire." Then she adds, "If we put a strip mall on it, is that any more fair for our heirs 100 years from now?" The growth in popularity of conservation easements has not been without some controversy. While it is still a sleepy field, the late 1990s saw the rise of sharks-bad faith promoters, bad appraisals, and questionable deals. This was highlighted in 2003 when The Washington Post ran a series of articles on abuses of the system. The Post profiled people such as Mike Kahn, a Florida consultant who advised investors to do things like buy golf courses and prohibit building on the fairways. Kahn described it as easy money. The IRS described it as fraud. Criticisms of easements run the gamut. Some worry that because trusts can operate behind closed doors, they aren't transparent enough. Others worry that "in perpetuity" can be challenged in court later down the road. And, of course, the trusts and conservancies themselves are the enforcers of easements. Trusts can be persuaded to turn a blind eye to development that exceeds an easement's terms, they say. Then there are the cases of deals that are less obvious than Kahn's, but no less shady. As a general rule, Small says, the income tax deduction is equal to the fair market value of the subject property before the conservation easement minus the fair market value of the subject property before the conservation easement. Simply put, the fair market value is what a knowledgeable and willing buyer would pay for the property if it were put on the market and sold. The IRS, Small warns, is aware of some of the tricks appraisers use to increase value. "The most common appraisal trick I've seen is for an appraiser to assume the highest possible level of development that could be approved under local zoning and value the land under that intense level of build-out, totally without regard for whether there is sufficient and realistic market demand for the product," he says. "My favorite illustration is Aunt Sally's farm, 20 or more miles from the nearest city, based on a 3,500-unit planed development, with hotel and conference center, that in fact could be approved under local zoning but that no builder would ever build because the demand simply does not exist." That simply won't fly. That's what his seminars and books are all about. More than 100,000 copies of Small's Preserving Family Lands have sold. It's available at www.stevesmall.com. Small submitted a statement on easement abuse to the Senate Finance Committee in 2005 defending good faith easements, which still represented the lion's share of donations. He says the attention actually helped the field because it introduced landowners to the vehicle of easements. Tightened controls on valuations and reporting meant fewer abusers; yet despite these tighter controls, easement donations have still grown. Under the deduction rules, a taxpayer who claims in excess of $5,000 for a charitable gift must have a qualified appraisal, and any deduction more than $500,000 must include the appraisal with the return. In short, appraisers become subject to scrutiny from the IRS. Failure to comply with all of the new appraisal regulations means the IRS could disallow the deduction. This kind of code tweaking keeps Small busier than he's ever been. Easements as a vehicle have been exonerated. After the Senate hearings, the Bush administration expanded the tax benefits for easement donors in the Pension Protection Act of 2006. "One of the few things they've done right," Douglas Hart says. Some easement deals are now in the works that equal or even exceed some of the largest on record. They're betting against the renewal of the 2006 revision. And Small? He is pleased, if a little shy about admitting to it, that his legacy will be something more than just that of a legal career in tax law. Because of the code he helped write and his work since leaving the IRS, American land has been conserved, property rights have been protected, and American landowners have benefited both in the bottom line and in their souls. "I've been blessed. I have a real passion for this. It feels like a fit," Small says. "I'm just hoping we see the benefits renewed this year. If not, I'm going to be even busier through the end of 2007. My wife won't be happy about that."  ]]> 51849 0 0 0 https://landreport.com/2007/07/open-fields-offer-payments-to-landowners/ Sun, 01 Jul 2007 07:00:28 +0000 https://www.landreport.com/?p=92 By Joseph Guinto The Open Fields legislation has been winding its way through the Capitol since 2003, but it has yet to see a floor vote. That may be about to change. Backers hope to attach Open Fields to the annual farm bill, and that bill is expected to emerge from committees in the House and Senate this month, headed for floor votes. If Open Fields goes to the floor as well, lawmakers will have to evaluate whether its cost is worth its promise. The cost: $100 million total from 2008 to 2012. The promise: As many as 4 million new acres will open each year to both hunting and fishing enthusiasts. Under Open Fields, the USDA would award grants to state programs that pay landowners to open their properties and make improvements on them that attract more wildlife. The bill has strong backing from sportsmen's groups and some conservationists. And backers in Congress are making an economic argument that may connect with their colleagues. "Anyone who has driven through a rural community in the fall has seen the 'Welcome Hunters' signs in front of Main Street restaurants and local motels," says Rep. Jerry Moran, D-Kansas, and one of Open Fields' co-sponsors in the House. "This legislation will help ' boost rural economies and provide additional income to our farmers and ranchers."]]> 51851 0 0 0 https://landreport.com/2007/08/laws-protect-landowners-from-liability/ Wed, 01 Aug 2007 07:00:17 +0000 https://www.landreport.com/?p=93 BY JOSEPH GUINTO PUBLISHED AUGUST 2007 Like most states, Pennsylvania has a decades-old statute that limits the liability of landowners who offer recreational access to their lands at no charge. States began adopting those laws in part to encourage private landowners to make their properties accessible to the public. But a high-profile 2004 incident in Pennsylvania may have exposed a loophole in most states' liability protections-a loophole that Pennsylvania lawmakers quickly closed. Their action was spurred by a jury decision in September 2006 holding Daniel Haas, the owner of a 140-acre orchard in Lehigh County, 10 percent liable for injuries sustained by Casey Burns, a woman who lived nearby. Burns was in her car, in her driveway, when an errant bullet fired by a deer hunter on Haas' property hit her in the head. Burns was pregnant at the time. She recovered, and the baby was not hurt, but the shooting caused difficulties prior to and during delivery. The case was settled in February of this year, before the jury deliberated on damages. The jury's decision prompted dozens of landowners to close their properties to the public. Lawmakers responded by offering an amendment to the state's Recreational Use of Land and Water Act. It says landowners who open their properties free of charge will not "assume responsibility for or incur liability for any injury to persons or property, wherever such persons or property are located, caused while hunting." For now, that wording is unique among state landowner liability laws. But court-watchers say that may not be the case for long.]]> 51858 0 0 0 https://landreport.com/2007/08/nature-conservancy-purchases-161000-acre-tract-in-new-york/ Wed, 01 Aug 2007 07:00:19 +0000 https://www.landreport.com/?p=96 By Trey Garrison The Nature Conservancy purchased 161,000 acres of Finch Paper Holdings forestlands in New York's Adirondack Mountains. The $110 million deal, which works out to approximately $683 per acre, was announced on June 18 and includes a 20-year working forest agreement that will ensure the continued harvesting of timber on a large portion of the land and preserve approximately 850 jobs at the Glen Falls Mill on the Upper Hudson River. According to Boston attorney Stephen Small, The Nature Conservancy's acquisition represents the ongoing rise in acceptance of conservation easements as a tool to ensure both open spaces and continued private use. "Any deal over 100,000 acres is huge," says Small, a conservation easement expert who has represented both landowners and conservation groups in benchmark easement projects. "We're seeing more transactions breaching this size, and I believe it's a great sign when conservation groups, private interests, and governments are pursuing these kinds of deals. You didn't see this kind of thing very often just a few years ago." The Nature Conservancy says it wants to ensure the land's biological diversity while maintaining both recreational uses and working forestland uses for the area's timber-dependent economy. In addition to the working forest agreement, the conservancy will also renew year-to-year recreational leases this fall. Under the deal, The Nature Conservancy will also take responsibility for local taxes. It funded part of the acquisition through loans from the Open Space Conservancy and the John Hancock Life Insurance Co., and it will initiate a major fundraising campaign to offset the purchase price.]]> 51860 0 0 0 https://landreport.com/2007/10/north-dakota-badlands-sale-draws-ire-of-locals/ Mon, 01 Oct 2007 07:00:16 +0000 https://www.landreport.com/?p=134 By Joseph Guinto More than 5,000 acres of federal land in North Dakota's Badlands could go up for sale. That's up to Congress. The property is supposed to be offered as a unique offset to a purchase made by the US Forest Service. Last spring, the Forest Service ended a years-long controversy by spending $5.3 million on a 5,200-acre ranch across the Little Missouri River from the Elkhorn Ranch, a property once owned by Theodore Roosevelt and considered by many as the nation’s “cradle of conservation." Roosevelt retreated to the ranch in the late 1880s and emerged three and a half years later as an avowed environmentalist who would, as president, go on to add millions of acres to the government’s holdings for use as national forests, parks, and wildlife refuges. But adding to the government’s holdings was just what the Forest Service didn’t want to do when it bought the neighboring Blacktail Creek Ranch. After all, the government already owns 1.2 million acres in North Dakota. Some local ranchers and officials vehemently opposed taking a working ranch out of production just so Roosevelt's property could continue to enjoy an unspoiled view. So, in a unique compromise, the Forest Service said it would buy the Blacktail Creek Ranch and sell an equivalent amount of land it already owns in North Dakota, but that it would sell that land only to about 40 ranchers who currently own property in Billings County, where Elkhorn Ranch is located. And that’s where Congress gets involved. Or not. North Dakota Senator Byron Dorgan, a proponent of the ranch purchase, says he doesn't support legislation with such restrictions.]]> 51880 0 0 0 https://landreport.com/2007/11/clint-eastwood-preserves-pacific-paradise-at-tehama/ Thu, 01 Nov 2007 07:00:23 +0000 https://www.landreport.com/?p=144 Clint Eastwood sticks to his guns. Not just when creating iconic characters such as Rowdy Yates, "Dirty" Harry Callahan, and Bill Munny or in his scintillating body of work as a director, but as a landowner. He’s interrupted a family vacation to discuss his breathtaking development overlooking California’s Central Coast. Right now he’s hammering home a point, one that applies not just to him but to everyone who wants to buy and build on a special piece of property. “It’s your private domain, and in the end, you’ve got to make yourself happy, not anyone else,” he says. That’s exactly what Eastwood has done at Tehama, a 2,040-acre swath of rolling hills and rugged canyons high above Monterey Bay with panoramic views from Point Lobos to Santa Cruz. Deer, fox, turkey, quail–scores of species inhabit the pristine property, yet its strategic location is an integral aspect of its appeal. “We’re just a few miles as the crow flies from the Pacific, 10 miles from Carmel, and just 5 miles from the airport. It’s slightly back from the fog belt. We’re just on the edge. It’s sunny up there,” he says. “People like me are looking for a place where they can have a quiet life and yet still be close to things. Me? I like elbow room. But it’s nice to know that if I want to go to the Carmel Bach Festival or listen to some jazz in Monterey or watch the Concours d’Elegance in Pebble Beach, it’s just minutes away. If you want to go to dinner in Carmel or Monterey, you don’t have to drive forever to get home,” he says. He laughs off my next question. “I bought it I can’t even tell you how long ago–over 30 years,” he says. “I was drafted in the Army in 1951 and was stationed at Fort Ord [a nearby Army base overlooking Monterey Bay]. I always liked Carmel. I thought if I ever could afford to or figure out how to make a living there, I might like to live there.” Eastwood not only figured out how to make a living but eventually bought a “little house as a weekend retreat,” as he puts it. It was the first of many investments he made in local property, but it may have been the most important one. In buying that small house, he fulfilled a commitment to himself, one that would have long-lasting implications. “Finally I just moved up there permanently,” he says. In the late 1960s and early 1970s, Eastwood’s career as a filmmaker took off. Proof came in 1972 when he bested John Wayne as Hollywood’s top box-office draw. By this time, the Monterey Peninsula had become more than just a place to call home. His directorial debut, Play Misty for Me (1971), was filmed locally. He would christen his production company Malpaso, the name of a local creek. He once owned the popular Hog’s Breath Inn. And in a move that brought his adopted hometown national and international media coverage, he served a term as mayor of Carmel-by-the-Sea from 1986 to 1988. In retrospect, however, it is his legacy as a landowner where he has made his greatest mark. Eastwood purchased Carmel’s historic Mission Ranch and saved it from almost certain demolition. The 22-acre property dates back to the 1850s and features stunning views of Point Lobos and Carmel River Beach. During California’s gold rush, Mission Ranch was the site of one of the state’s first dairies, and its contemporary setting, just south of the city itself, made it a natural gathering place. Barn dances and dining at the ranch restaurant were tried-and-true local traditions, ones Eastwood first came to know during his days at Fort Ord. By 1986, the then owners had turned down several offers aimed at preserving the historic farm house, meadows, and wetlands. A modern multi-unit development seemed imminent. Then Eastwood stepped in, upped the ante, and purchased the property himself. Shortly afterward he announced his intentions, saying simply, “I will do the best I can to keep it like it is.” Decades later, that was clearly his mantra at Tehama. Many of the existing roads follow deer paths and old ranch ruts. Carmel Stone, a lightweight native shale found at the property, is used throughout. Tehama’s nursery uses seed stock gathered on-site: California live oak, Monterey pine, and California buckeye. Meadows are used as storm water basins, slowing runoff and replenishing the aquifer. Wastewater gets reclaimed and is then used to irrigate the championship golf course. Solar energy helps power the club house. As Eastwood talks about Tehama, a distinct echo emerges, one that harkens to his experience at Mission Ranch. “I didn’t ever want it to be a high-density development. An awful lot of developments have fairly good density. I didn’t want to do that,” he says. To that end, more than 85 percent of Tehama’s 2,040 acres was reserved as natural open space. The infrastructure, amenities, and 90 homesites account for only about 300 acres. The story behind the Tehama Golf Club and its Jay Morrish championship course illustrates his long-term approach. “We waited and waited and waited,” Eastwood says. “Finally the property next door came on the market. It had the potential for a golf course, so I bought that from the guy next door.” His original 500-acre investment took decades to grow fourfold to its present size. “That process was probably a lot like getting a movie into production: very time-consuming and labor intense.” Eastwood notes that membership at his golf club is by invitation only. Exceptions are made, however, for a certain group of longtime locals. “It’s been amazing how the wild turkeys have done. The deer multiply like crazy. They’ve become much less skittish. Just hanging around for free food. There’s a lot of wildlife up there, especially since we’ve put in the golf club,” he says with a laugh. “We did it all with native grasses. The only thing we seeded was the greens,” he adds. “The late John Zoller was our guy. He got us experimenting with native grasses. ... We didn’t cut a lot of trees. We moved a few around: 200- and 300-year-old oaks. Slid them 25 yards over. The trees are very healthy up there. Much younger.” Investments such as Tehama, Mission Ranch, and the Pebble Beach Company are not Eastwood’s only ties to the land. He has also donated several key parcels to the Big Sur Land Trust. “My dad likes to buy land and leave it,” says Alison Eastwood in a subsequent telephone interview. “He’s all about slowly building and doing stuff, keeping everything very sparse. He likes to make subtle changes and find simple ways to keep the land very natural, wild, and untouched.” In that regard, his legacy speaks for itself. Perhaps the most telling insight into his long history of buying and preserving land in and around the Monterey Peninsula is his underlying motivation. When I ask him the simplest of questions — why he bought the property that would become Tehama in the first place — he gives the sort of answer one would expect from Clint Eastwood: “Because I liked it.”]]> 51883 0 0 0 https://landreport.com/2007/08/harrison-ford-crafts-a-masterpiece/ Wed, 01 Aug 2007 00:00:56 +0000 https://www.landreport.com/?p=159 Return of the Jedi hit box-office gold in 1983, Ford was ready to pull up his stake and leave Southern California. [caption id="attachment_60736" align="alignright" width="239"] To Ford, not being indulged or treated like a star "is a kind of victory."[/caption] A Los Angeleno since he quit Ripon College in the 1960s, Ford and his early days in Hollywood are now the subject of many a colorful anecdote. During his years as a struggling actor, he made ends meet by working as a carpenter, a role that would later serve him well as a landowner. He developed a solid reputation in the film community as a meticulous craftsman, completing projects for the likes of musician Sergio Mendez, actress Sally Kellerman, and director Richard Fleischer. But thanks to a string of blockbusters — Star Wars, The Empire Strikes Back, Raiders of the Lost Ark, and Blade Runner, to name a few — his days as a professional carpenter had officially come to a close. A new chapter in his life had begun, one dominated by a never-ending series of new productions to headline. He and his wife at the time, Melissa Mathison, began searching for sanctuary outside LA. They started out scoping property in and around star-studded Sun Valley but quickly switched sites to less trendy Jackson Hole. "I think we all get something set in our heads early on. And the first time I saw Jackson Hole, I said, "This is the place that's been in my mind all the time," Ford told biographer Garry Jenkins. Ford was not the first to be captivated by the enormous valley that lies at the foot of the majestic Tetons. Teeming with elk and cut by the Snake River, Jackson has long lured the adventurous: centuries ago, Shoshone, Gros Ventre, and Blackfeet Indians; more recently, trappers, pioneers, and dudes. Its breathtaking vistas so enamored philanthropist John D. Rockefeller Jr. that he acquired approximately 35,000 acres south of Yellowstone National Park and later donated it for the establishment of Grand Teton National Park. Of the many parcels of property that were on the market at the time the Fords arrived, the one that caught their eye was an 800-acre retreat nestled along the Snake. Migrating elk and mule deer roamed its pastures. Bald eagles and blue heron nested. Native cutthroat trout jumped for caddis. According to Ford, "It was about water, streams, trees, animals, a grand expression of nature. The Tetons rising sharply from a flat, high mountain plateau." Ford and his wife were given the option of carving out a few acres and buying the existing home with it or purchasing the home and the entire tract. "It had everything I ever wanted," he said. They jumped headfirst and bought it all. As any landowner knows, buying and building are two very separate tasks. It would be several years before Ford would be able to break ground on any new construction. Not surprisingly, when it occurred, the Hollywood heavyweight was on location on a different continent. While filming Frantic for director Roman Polanski in Paris, Ford sketched out plans for his Wyoming retreat. Each morning, as workmen arrived on his property in Jackson, a new set of painstaking instructions from France awaited them on the fax machine. What began as a series of spontaneous scribbles on the back of random papers was soon transformed into a miracle of hand-hewn excellence. The resulting structure featured flawlessly executed cabinetry. Windows framed stunning views of the majestic mountain range. "In terms of details, people don't build houses like that," said writer Jim Harrison, a subsequent guest of Ford's. Several months later, the former carpenter returned to inspect his new home and then helped many of those same contractors construct a guest house and a large barn, which now doubles as his workshop. Since that time almost two decades ago, Jackson Hole has gone from a sleepy little cow town to a sprawling resort known worldwide. In the summer months the valley explodes with more than 3 million visitors venturing to Grand Teton National Park and nearby Yellowstone. Among the locals, a 20-year resident such as Ford is regarded as somewhat of a pioneer. Right from the start, he made a point of blending in. "I need balance," he said. "I need to be in a situation where my every whim is not attended to, where I have to fetch my own nails, do my own shopping, and wash my own dishes. ... Being normal is a kind of victory," he said. "I'll fix a fence, repair a piece of equipment, or plough the driveway if there's snow. There's always plenty of work to do." Although Ford originally envisioned Jackson as an escape or, better yet, a return to normalcy, sometimes the world arrives on his doorstep. One example is when President Bill Clinton celebrated his 50th birthday in Jackson Hole in 1996. At the birthday dinner, Ford and his wife were seated at the head table with the president. At the time, the actor was about to start production on Air Force One. Naturally he was cast in the role of the president of the United States. Sensing a deft PR move, Clinton granted Ford and the film's director, Wolfgang Petersen, access to Air Force One during his Wyoming stay. A seasoned pilot himself, Ford routinely offers his flying skills for mountain rescue missions. Though he typically downplays his role as a Teton County sheriff's deputy, he once plucked a stranded climber off of 11,106-foot Table Mountain. He also joined a search for a missing Utah Boy Scout in Yellowstone. Ford and another rescuer found the 13-year-old boy about 10 miles from camp. He landed nearby and whisked the tired scout to safety. Moving to Jackson Hole kindled Ford's interest in the environment. An active board member of Conservation International (www.conservation.org), he continues to be an integral part in shaping the organization's mission to conserve biodiversity around the world. For him that mission begins at home. Beginning in 1985, he donated a series of conservation easements on his property that prohibit substantial development or development that otherwise impairs the wildlife and natural resources on much of his land. Future generations will reap untold benefits. So will his neighbors and nearby public lands. "What an example he set when he donated those easements," says Laurie Andrews, executive director of the Jackson Hole Land Trust. A local organization whose purpose is to preserve, protect, and enhance wildlife habitat and the natural beauty within and surrounding Jackson Hole, the trust is well known nowadays. Two decades ago it was a different story. "Back in the l980s very few people knew anything about conservation easements, and there were very few active land trusts," writes Stephen Small, who helped author the tax code for conservation easements. "But the Jackson Hole Land Trust was a pioneer in this regard [it was] the recipient of some early important easements. There were other landowners, including at least one longtime ranch family, who donated easements to the land trust around this period, but Harrison Ford was certainly known outside of Jackson and clearly was also a pioneer. There are now a lot of visible and famous easement donors — Ted Turner and Robert Redford to name two — but I think Ford was the first star to get involved." It's a legacy of incalculable value. "Back then he was breaking new ground. For him to step forward and say, 'This is win-win. It works for me, and it works for the land,' you really can't put a price on that," Andrews says. Clearly life on his land matters to Ford. All life, not just his. "You get a sense of reference there," he has said. "You feel part of something that's got order and balance and harmony to it. All the distraction and noise, all the confusion of misplaced, misdirected energy just don't happen there." ]]> 51890 0 0 0 For this carpenter, finding the perfect property in Jackson Hole was only the start. His next move was integrating land and structure. His final step? Leaving an enduring legacy.

  ]]> Harrison Ford has made a career out of defying death and saving the day, the girl, or maybe just civilization as we know it-feats he routinely pulls off in the time it takes to wash down a handful of popcorn with a swig of Coca-Cola. It's a unique skill set-one that comes with its own rewards, such as getting to choose where you live. And by the time Return of the Jedi<\/em> hit box-office gold in 1983, Ford was ready to pull up his stake and leave Southern California.<\/p>[caption id=\"attachment_60736\" align=\"alignright\" width=\"239\"]<\/a> To Ford, not being indulged or treated like a star \"is a kind of victory.\"[\/caption]

  A Los Angeleno since he quit Ripon College in the 1960s, Ford and his early days in Hollywood are now the subject of many a colorful anecdote. During his years as a struggling actor, he made ends meet by working as a carpenter, a role that would later serve him well as a landowner. He developed a solid reputation in the film community as a meticulous craftsman, completing projects for the likes of musician Sergio Mendez, actress Sally Kellerman, and director Richard Fleischer. But thanks to a string of blockbusters \u2014 Star Wars<\/em>, The Empire Strikes Back<\/em>, Raiders of the Lost Ark<\/em>, and Blade Runner<\/em>, to name a few \u2014 his days as a professional carpenter had officially come to a close.<\/p>

  A new chapter in his life had begun, one dominated by a never-ending series of new productions to headline. He and his wife at the time, Melissa Mathison, began searching for sanctuary outside LA. They started out scoping property in and around star-studded Sun Valley but quickly switched sites to less trendy Jackson Hole.<\/p>

  \"I think we all get something set in our heads early on. And the first time I saw Jackson Hole, I said, \"This is the place that's been in my mind all the time,\" Ford told biographer Garry Jenkins.<\/p>

  Ford was not the first to be captivated by the enormous valley that lies at the foot of the majestic Tetons. Teeming with elk and cut by the Snake River, Jackson has long lured the adventurous: centuries ago, Shoshone, Gros Ventre, and Blackfeet Indians; more recently, trappers, pioneers, and dudes. Its breathtaking vistas so enamored philanthropist John D. Rockefeller Jr. that he acquired approximately 35,000 acres south of Yellowstone National Park and later donated it for the establishment of Grand Teton National Park.<\/p>

  Of the many parcels of property that were on the market at the time the Fords arrived, the one that caught their eye was an 800-acre retreat nestled along the Snake. Migrating elk and mule deer roamed its pastures. Bald eagles and blue heron nested. Native cutthroat trout jumped for caddis. According to Ford, \"It was about water, streams, trees, animals, a grand expression of nature. The Tetons rising sharply from a flat, high mountain plateau.\"<\/p>

  Ford and his wife were given the option of carving out a few acres and buying the existing home with it or purchasing the home and the entire tract. \"It had everything I ever wanted,\" he said. They jumped headfirst and bought it all.<\/p>

  <\/a><\/p>

  As any landowner knows, buying and building are two very separate tasks. It would be several years before Ford would be able to break ground on any new construction. Not surprisingly, when it occurred, the Hollywood heavyweight was on location on a different continent. While filming Frantic<\/em> for director Roman Polanski in Paris, Ford sketched out plans for his Wyoming retreat. Each morning, as workmen arrived on his property in Jackson, a new set of painstaking instructions from France awaited them on the fax machine.<\/p>

  What began as a series of spontaneous scribbles on the back of random papers was soon transformed into a miracle of hand-hewn excellence. The resulting structure featured flawlessly executed cabinetry. Windows framed stunning views of the majestic mountain range. \"In terms of details, people don't build houses like that,\" said writer Jim Harrison, a subsequent guest of Ford's.<\/p>

  Several months later, the former carpenter returned to inspect his new home and then helped many of those same contractors construct a guest house and a large barn, which now doubles as his workshop.<\/p>

  Since that time almost two decades ago, Jackson Hole has gone from a sleepy little cow town to a sprawling resort known worldwide. In the summer months the valley explodes with more than 3 million visitors venturing to Grand Teton National Park and nearby Yellowstone.<\/p>

  Among the locals, a 20-year resident such as Ford is regarded as somewhat of a pioneer. Right from the start, he made a point of blending in. \"I need balance,\" he said. \"I need to be in a situation where my every whim is not attended to, where I have to fetch my own nails, do my own shopping, and wash my own dishes. ... Being normal is a kind of victory,\" he said. \"I'll fix a fence, repair a piece of equipment, or plough the driveway if there's snow. There's always plenty of work to do.\"<\/p>

  Although Ford originally envisioned Jackson as an escape or, better yet, a return to normalcy, sometimes the world arrives on his doorstep. One example is when President Bill Clinton celebrated his 50th birthday in Jackson Hole in 1996. At the birthday dinner, Ford and his wife were seated at the head table with the president. At the time, the actor was about to start production on Air Force One<\/em>. Naturally he was cast in the role of the president of the United States. Sensing a deft PR move, Clinton granted Ford and the film's director, Wolfgang Petersen, access to Air Force One during his Wyoming stay.<\/p>

  A seasoned pilot himself, Ford routinely offers his flying skills for mountain rescue missions. Though he typically downplays his role as a Teton County sheriff's deputy, he once plucked a stranded climber off of 11,106-foot Table Mountain. He also joined a search for a missing Utah Boy Scout in Yellowstone. Ford and another rescuer found the 13-year-old boy about 10 miles from camp. He landed nearby and whisked the tired scout to safety.<\/p>

  Moving to Jackson Hole kindled Ford's interest in the environment. An active board member of Conservation International (www.conservation.org<\/a>), he continues to be an integral part in shaping the organization's mission to conserve biodiversity around the world. For him that mission begins at home.<\/p>

  Beginning in 1985, he donated a series of conservation easements on his property that prohibit substantial development or development that otherwise impairs the wildlife and natural resources on much of his land. Future generations will reap untold benefits. So will his neighbors and nearby public lands.<\/p>

  \"What an example he set when he donated those easements,\" says Laurie Andrews, executive director of the Jackson Hole Land Trust. A local organization whose purpose is to preserve, protect, and enhance wildlife habitat and the natural beauty within and surrounding Jackson Hole, the trust is well known nowadays. Two decades ago it was a different story.<\/p>

  <\/p>

  \"Back in the l980s very few people knew anything about conservation easements, and there were very few active land trusts,\" writes Stephen Small, who helped author the tax code for conservation easements. \"But the Jackson Hole Land Trust was a pioneer in this regard [it was] the recipient of some early important easements. There were other landowners, including at least one longtime ranch family, who donated easements to the land trust around this period, but Harrison Ford was certainly known outside of Jackson and clearly was also a pioneer. There are now a lot of visible and famous easement donors \u2014 Ted Turner and Robert Redford to name two \u2014 but I think Ford was the first star to get involved.\"<\/p>

  It's a legacy of incalculable value. \"Back then he was breaking new ground. For him to step forward and say, 'This is win-win. It works for me, and it works for the land,' you really can't put a price on that,\" Andrews says.<\/p>

  Clearly life on his land matters to Ford. All life, not just his. \"You get a sense of reference there,\" he has said. \"You feel part of something that's got order and balance and harmony to it. All the distraction and noise, all the confusion of misplaced, misdirected energy just don't happen there.\" <\/span><\/span><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"22c38ab"}],"drop_cap":"yes"},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> HARRISON FORD passed on Sun Valley and chose to make this Wyoming paradise his home decades ago.]]> https://landreport.com/2007/08/how-to-invest-in-land-without-living-on-it/ Wed, 01 Aug 2007 07:00:45 +0000 https://www.landreport.com/?p=162 By Stephen O'Keefe, CFA

  Whether you own a quarter-acre urban lot or a 40,000-acre ranch, your love of the land comes from the moment you pick up a handful of ground and watch the dirt fall through your fingers, knowing that it’s yours–all yours. But while there’s that intangible, visceral satisfaction of ownership, let’s not ignore the other benefit–profit. From energy stocks to timber REITs and ski resorts to cattle ranches, a diverse group of equities is tied to the enormous natural resources of land.

  Not all of us are ready yet to retire from urban life and spend all our time at our ranches, our beach homes, our hunting lodges, and our lake houses, but there’s no reason for our fields to lie fallow, so to speak. One way or another, there’s money to be made. By buying stock in a wide range of businesses, you can participate in and profit from the land game without ever stepping foot on a piece of property. There’s the obvious, of course: timber, mining, petroleum, agriculture. But that just scratches the surface. Peek inside for an introduction to the myriad ways you can increase your land portfolio without once getting your hands dirty. As investments go, raw land can be rock solid. But how can you profit from the increasing demand for ethanol if you don’t already own in the Corn Belt? What’s the best way to catch some upside when millions of acres of timberland are sold off? Simple. Diversify your portfolio. From the nation’s largest private landowner to Colorado’s biggest ski mountain and California’s biggest ranch, these publicly traded securities are all about land. TRC Tejon Ranch Company LEBEC, CA. With more than 270,000 acres, TRC owns the largest expanse of private land in California. The ranch is located approximately 60 miles north of Los Angeles. TRC generates about half of its revenue from real estate operations and the other half from farming. Revenues have grown 10 percent per year since 2003. PCH Potlatch Corporation (REIT) SPPOKANE, WA. PCH owns and manages 1.5 million acres of timberland in Arkansas, Idaho, Minnesota, Wisconsin, and Oregon. This stock converted to a Real Estate Investment Trust (REIT) structure in 2006 and may be best suited to income-oriented investors. PCH reviews its land holdings to see which parcels have high non-tim-berland values and are candidates for sale using the Section 1031 exchange program to minimize capital gains taxes. PCL Plum Creek Timber SEATTLE, WA. Plum Creek has more than 8 million acres in major timber-producing regions of the United States, making it the largest and most geographically diverse private landowner in the nation. Management has acquired hundreds of thousands of acres in the last 15 years and is identifying where sales or development can be made. PCL has an attractive 4 percent yield. WY Weyerhauser TACOMA, WA. An international forest products giant with sales of $21.9 billion in 2006, WY is under pressure to unlock shareholder value by restructuring its timber-lands into a REIT for more favorable tax treatment. MTN Vail Resorts BROOMFIELD, CO. Skier visits were up this year, and so were lift ticket prices. MTN operates numerous ski resorts, including Vail, Breckenridge, Keystone, and Beaver Creek-and has a majority interest in RockResorts. A growing segment for MTN is real estate operations, which contributed less than 10 percent of 2006 earnings but look like a good source of future earnings growth. SWC Stillwater Mining Co. BILLINGS, MT. The recent spike in platinum prices has been a boon to this Montana mining company, which refines and markets palladium, platinum, and associated metals. Both of the company’s mines (Stillwater Mine, near Nye, Montana, and the East Boulder Mine near Big Timber, Montana) are located on the geological formation known as the J-M Reef. Norilsk Nickel owns about 55 percent of shares. CHK Chesapeake Energy Corporation OKLAHOMA CITY, OK. As natural gas goes, so does CHK. The prospects for a rebound in prices have propelled shares of the country’s third largest independent producer. Headquartered in Oklahoma City, the company focuses on exploratory and developmental drilling as well as acquisitions in the Mid-Continent, Permian Basin, South Texas, Texas Gulf Coast, Barnett Shale, Ark-La-Tex, and Appalachian Basin. CWEI Clayton Williams Energy MIDLAND, TX. Want to throw in with one of the country’s most successful wildcatters? Clayton Williams Jr. is not your typical oil man. He owns an interest in more than 6,000 oil and gas wells, primarily in Texas, Louisiana, and New Mexico. He’s also made a name for himself as a cattleman and ranks No. 59 on this year’s Land Report 100. TIN Temple-Inland Inc. AUSTIN, TX. The company owns or leases 1.8 million acres of timberland in Texas, Louisiana, Georgia, and Alabama. Pressure from financier Carllcahn is triggering a restructuring plan with TIN retaining its lumber mills and manufacturing and spinning off its Forestar Real Estate Group and its Guaranty Federal division, which has substantial presence in the highly desirable Texas and California markets. GMTN Gander Mountain SAINT PAUL, MN. Like gear? Gander Mountain likes you. The company’s 105 outdoor lifestyle stores in 22 states specialize in hunting, fishing, camping, marine, and outdoor lifestyle products and services. It is poised to open 9 more stores this fall. ADM Archer Daniels Midland Company DECATUR, IL. Eager to cash in on ethanol? Then take a look at this Illinois giant, which was founded in 1902. ADM processes foodstuffs: soybeans, wheat, cocoa, and that new yellow gold-corn. It has good exposure to the growing use of ethanol as a fuel (biodiesel too), but with more than 5 billion gallons of capacity in North America, the additional 4.5 billion gallons of planned construction may put a lid on ethanol’s rising price. DE Deere & Company MOLINE, IL. Here’s another way to ride the ethanol boom. DE has grown from a one-man blacksmith shop in 1837 into a global corporation that now employs approximately 47,000 people. Soaring ethanol prices have spiked demand for equipment from this industry leader. BTU Peabody Energy Corporation ST. LOUIS, MO. Peabody owns a majority interest in mines located throughout most major U.S. coal-producing regions. Transportation bottlenecks have dampened earnings, but rail carriers are increasing capacity, particularly in the western U.S. PS. Thanks to their Australian mines, BTU also has good exposure to the burgeoning China and Pacific Rim markets. Earnings prospects are good. DEL Deltic Timber Corp. EL DORADO, AR. DEL sells its lumber products to truss manufacturers and wholesalers and is a good way to participate in the eventual rebound in homebuilding. The company owns almost 440,000 acres of timberland, primarily in Arkansas and Louisiana, and it also develops real estate in Arkansas. ICO International Coal Group SCOTT DEPOT, WV. ICO has more than 1 billion tons of coal (metallurgical quality and steam) in its reserves and has idled about 1.7 million tons of high-cost production, shifting production focus to lower-cost mines. If oil prices stay high, then coal and ICO should remain attractive. JOE The St. Joe Company JACKSONVILLE, FL. Ever heard of the term snowbird? JOE has. Florida’s largest owner of private land (approximately 800,000 acres) is also one of the state’s largest real estate development companies. Northwest Florida remains an attractive location for retirees, and JOE’s 3-5 year prospects are equally attractive. RYN Rayonier (REIT) JACKSONVILLE, FL. Rayonier is a forest products company that converted to a REIT in 2004. It owns or manages 2.7 million acres of timberland in the United States and New Zealand. Its specialty fibers group products are used in pharmaceuticals, LCD screens, and industrial processes. And thanks to long-term contracts for 80 percent of production, RYN is poised to weather a weak housing market. WTR Aqua America Inc. BRYN MAWR, PA. WTR is the holding company for regulated utilities that provide water and wastewater services to customers in 13 states. The company received rate increases in 2006 and is expected to receive more in 2007, adding to revenues and earnings. ROAC Rock of Ages Corporation GRANITEVILLE, VT. A vertically integrated granite quarrier, manufacturer, and retailer, ROAC has built its business on granite memorials. The company owns and operates 10 active quarry properties and 5 manufacturing and sawing facilities, predominantly in Vermont and Quebec. It also has 81 company-owned stores in 14 states.]]> 51894 0 0 0 https://landreport.com/2008/04/how-not-to-sell-a-ranch/ Wed, 02 Apr 2008 07:00:54 +0000 http://67.205.9.54/2008/03/31/how-not-to-sell-a-ranch/ The most mystifying aspect to the $88 million Boot Jack Ranch, which is currently listed with a Sotheby's affiliate in Telluride, is that it's owned by a Silicon Valley commercial real estate developer. This property is a textbook example of overimproving a piece of property. Interested buyers are certain to find out that it's less than 100 miles from the Boot Jack, which sits on the west side of Wolf Creek Pass, to Louis Bacon's Trinchera Ranch in the neighboring San Luis Valley, which the hedge fund operator purchased from the Forbes family late last year. Bacon paid $175 million for 171,000 acres. In other words, for twice the price he got 50x as much land. Of course as overimprovement goes, nothing can rival Prince Bandar's Hala Ranch in Aspen: 95 acres + a 55,000-square-foot main residence and assorted other structures for $135 million. This one has been languishing on the market since 2006. Bob Starodoj, president of Mason & Morse Real Estate, was quoted in the Aspen Times as saying that Bandar's land will be tough to sell. "It's a very personalized, specialized property," he said. "I'm not sure what you do with that. My sense is the only guy who's gonna buy it is some guy who's in the same financial stratosphere as Bandar." The same can be said for the Boot Jack.]]> 8 0 0 0 https://landreport.com/2008/06/hunting-land-is-a-hot-investment/ Sun, 15 Jun 2008 07:00:00 +0000 http://67.205.9.54/2008/04/01/hunting-land-is-a-hot-investment/ Over the last decade, there’s been a boom in rural land prices throughout much of the US and parts of Canada. I say this not because of some government report or a recently released study but based on firsthand experience. I live in Southern Iowa, and I have been buying rural land here since 1995. Back then I could little afford more than an old used pickup truck. Yet land was so cheap that I couldn’t say no. BY BILL WINKE PUBLISHED NOVEMBER 2007 To me it’s easy to understand how such price appreciation could occur within an hour of an Atlanta or a Portland. But Southern Iowa? It’s just one of a dozen hot markets with seemingly little to offer buyers. What’s behind this boom? The answer is easy: hunters. Hunters have proven that they are willing to drive the market in their quest to preserve a place that enables them to pursue their passion. In many cases, they’re doing it with capital gains they are protecting by using 1031 Exchanges. In some ways, there is a sense of urgency–buyers jockeying around to get the good stuff and stake a claim to the best possible piece of undeveloped land — before it is gone. Here’s what hunters are buying right now and how you can profit from it. What Hunters Want Forget about the vast expanses of tillable land. That’s a whole different ball game. Farmland prices are fueled by a completely different set of dynamics: corn ethanol, soy diesel, major multinationals, and commodity pricing. This article is not about agricultural land. What I’m going to focus on is the seemingly worthless recreational land that has very limited income potential. That’s what hunters buy. In some areas, the price of rough ground is now exceeding the price of tillable land for the first time in history. Don’t believe me? A friend of mine just sold his hunting farm for $3,000 per acre about a month ago while the best pure tillable in this area sells for about $2,300 per acre tops. Areas like Pike County, Illinois, and Buffalo County, Wisconsin, see this regularly. It is most common in regions where the tillable land is mid-grade and the hunting lands are high-profile. That’s because the tillable is based on rate of return and the hunting ground is based on the desire to own it. Factors To Consider Not all rural land appeals to hunters. Primary considerations include proximity to like-minded neighbors or sanctuaries (the neighborhood), the composition of the land itself (how it lays), as well as size, access, and control. Possible improvements also factor heavily into a buyer’s decision. Income generation is typically a secondary consideration. NEIGHBORHOOD When analyzing hunting land, the neighborhood is the most important factor. It starts with the county. Focus on counties that border those with the highest-profile reputation. For example, some of the best whitetail hunting in America can be found in Houston County, Minnesota. You will generally find better values in neighboring Winona and Fillmore counties.

  Buyer's Checklist No. 1 Scout the Neighborhood No. 2 Learn the Lay of the Land No. 3 Buy the Right Size No. 4 Confirm Access No. 5 Ensure Control No. 6 Consider Improvements

  Now you need to get down to the individual tract. A broker friend of mine likes to categorize neighborhoods two ways: civilized and uncivilized. Civilized neighborhoods are much more attractive. But more than simply looking at the orderliness of the neighboring landowners, it’s important to find out what these neighbors are doing to impact the species in question. This is the biggie. Like-minded management of the resource is the key. Here is how it works. Game is a shared resource. Every kind of game has an upper limit harvest tolerance before the quality of the hunting begins to suffer. If the neighbors are hammering every deer that jumps the fence, for example, the subject property is not worth nearly as much to a prospective sportsman than one in a management-friendly neighborhood. Also, today’s hunters are much more stewardship-minded than hunters in the past. They want to be able to effect a change in the maturity of the animals they hunt, to be able to maintain numbers compatible with the habitat, and to improve the overall health of the game they hunt. This requires good neighbors. I would much rather own a marginal farm in a great neighborhood than a better-looking farm in a marginal neighborhood. Proximity to public hunting land is almost always a negative. The only exception is when the public land is obviously hunted very lightly or when the subject property is very small and serves essentially as a jumping-off point for hunting public land. LAY OF THE LAND The land has to look good. Here’s an analogy. If a house looks ugly from the road, it’s not nearly as attractive to a buyer even if it is spacious and has the right number of bedrooms and bathrooms. In the same way, the most valuable hunting land looks good relative to local options. Generally, the most attractive land possesses certain features. First is a majority of habitat. I personally like 75 percent timber/cover and 25 percent tillable land or CRP (Conservation Reserve Program) land. It also features terrain relief with ridges and valleys to create an attractive three-dimensional effect that most recreational buyers favor. Rough topography also has a hidden benefit to the buyer. Acreage in rural land is not determined based on surface area but instead on the projection of the boundary of the property onto a horizontal plane. In other words, the acre count is not a three-dimensional record; it is two-dimensional, even though the property itself is three-dimensional. Rough land has more actual surface area per taxable acre than flat land. This is why a buyer may sense that a property feels larger than the actual acre count. Terrain is a very relevant factor when analyzing hunting land. The type of habitat on the land is also important, but it only becomes a factor at the extremes. For example, a beautiful stand of mature hardwood timber adds value both aesthetically and financially to the next buyer. Nasty timberland made up of hedge and locust may detract from the value of the land if comparable farms in the area have better-looking timber. SIZE The size of the property also matters relative to the ability to manage the resource. For example, in white-tailed deer country a piece of property has to approach 2,000 acres with a mix of at least 60 percent cover before you begin to control your own destiny. With any smaller property, the neighborhood has to be good to enjoy maximum management success. Size is also important when considering how much hunting pressure a piece of land can sustain. With the right mix of cover and open areas for feeding (again, I favor a 75/25 split), a property that is only 160 acres can accommodate two hunters for an entire season. But if the land is more open, typically it needs to be larger to produce the same quality experience. ACCESS For the most part, properties with limited access are worth less than properties with full, convenient access. In many areas, minimum-maintenance dirt roads are common. When the only way in to a property is a dirt road, the property is less valuable. When it rains, those roads are all but impassible — a big negative. Avoid landlocked parcels like the plague (those properties that don’t include some form of access such as a county road or an easement across a neighbor’s property) unless you really understand the laws of the state regarding this issue and are up for a potential court battle to gain access. It is much better to make your offer on the landlocked parcel contingent on your ability to buy an easement from a neighbor than to buy the landlocked parcel as is. CONTROL Nothing is more discouraging for a new landowner than the battle to keep trespassers out of the property. There are two big red flags to look for when determining the potential trespass situation. First, if the previous owners were local (not absentee) landowners, there is a good chance the problem will be minimal. Second, check out the attitude of neighboring landowners. Stop in and talk to a few potential neighbors just to get a feel. Do just what you least want to do: Knock on the door and make a cold call. The reception you get will speak volumes. Will they keep their friends out of your property? If you have the time and ambition, you can sometimes remedy a bad trespassing problem by simply being on-site often and letting everyone know that the situation has changed. If you can’t make that commitment of time and don’t have someone who can make it for you, it is best to walk away. IMPROVEMENTS Unless the property is a high-profile, high-dollar piece of land, you don’t want to spend time and money adding a lodge or cabin. It is too risky. Let the next guy–the end-user–build exactly what he wants, exactly where he wants it. I have seen too many deals fall apart because the potential buyer didn’t really want to pay for an expensive piece of lodging. Other improvements, however, are critical to maximizing your return. In general, the trail system through the property should be very clean and passable under the widest possible range of conditions. If it isn’t, spend the money to fix it. Boundary fencing is also important. Establish the line and put in any missing fences so the next guy knows exactly what he is buying and has a greater sense of confidence that the neighbors will respect his boundary. Again, sticking with the whitetail-hunting theme, nice, clean fields are also important. Ideally they are located in secluded locations. The future hunter wants to be able to plant food plots in as close to a true farming manner as possible. That means that you may have to clear a few overgrown fields, smooth them out, and have them professionally planted. That is a big step toward making the property look good and bringing it closer to finished status. Cover is universal; trails and fields sell deer-hunting property. What Are You Ultimately Selling? If you are considering an investment in recreational land, would you be happy keeping the particular tract you are looking at? If not, it is probably not a good investment simply because the things that turn you off will likely turn off the next guy. THE EXPERIENCE With recreational land, you are not really buying and selling land. You are buying and selling an experience. Keep this in mind. What kind of experience will someone have when hunting the property you are analyzing? Trespassers, contentious neighbors, poor management prospects, fence disputes, poor access, ugly views–they are all big turn-offs. The best recreational investments have a secluded, natural feel. Remember, the way the place feels–the experience it produces–is the glue that ties all the other factors together. If it doesn’t feel good, walk away. I like it when the hair on the back of my neck stands up when I’m looking at a property. I know I have a winner. ELIMINATE RISK Not all recreational land buyers are sophisticated investors. They may not be good at due diligence. The very thought of dropping their life savings on a piece of dirt has them nervous to begin with. On top of that, throw in a few unknowns and it becomes very hard for them to pull the trigger on a purchase. Eliminating risk for the next guy is an important aspect of recreational land investing. Don’t buy something if you have doubts that you can eventually guarantee the experience through your own hard work, diplomacy, or money spent. Final Analysis If a tract of recreational ground meets all the criteria I have set out, in all likelihood you’re looking at a BUY signal. Of course, you also need to hit reasonably close to market price. Unless you plan on solving some major problems related to a piece of property–a costly easement issue, for instance–don’t expect to come across deep discounts in well-established markets. A solid property at, or slightly below, market price is a better investment for an absentee landowner than one fraught with trespassing problems and projects. But if you have time to police the property and take on projects (improvements), you can make a better return by purchasing a diamond in the rough. This approach is a bit riskier and it will take more time, but the potential return is definitely better.

  ---

  WHAT IS A 1031 EXCHANGE? And why is it one of the driving factors behind the boom in hunting land values? When Bill Winke writes that investors are driving the market for hunting lands “with capital gains they are protecting by using 1031 Exchanges,” what is he referring to? The answer is quite simple: one of the most sophisticated tools available to savvy investors buying and selling real estate.Sell a stock at a profit, and what do you get? A bill from Uncle Sam for the tax on your capital gain. But sell that same stock for the very same profit in your 401(k), and what happens to your tax bill? Uncle Sam postpones it. If you’re comfortable with this concept, then you have grasped the essence of a 1031 Exchange: a method to defer capital gains taxes on the sale of a property by investing the proceeds in like-kind property as detailed in Section 1031 of the Internal Revenue Code. Winke reports that he has already completed one 1031 Exchange this year and has plans in the works for two more. “I spoke with a Realtor recently, and he said that at least one-third [of] his sales involve a 1031. People have money to move …” he says, and clearly they are moving it into hunting lands.Oddly enough, this doesn’t always mean they are reinvesting profits from one hunting property into another. All real estate in the United States is considered to be like-kind as long as each property qualifies for the proper use. Mineral interests, a rent house, perpetual water rights, and hunting land can all be considered like-kind as long as they are being held for investment.These are just a few of the many specifics associated with a 1031 Exchange. Above all, remember these two words: Qualified Intermediary. This term applies to the independent party that actually facilitates the tax-deferred exchange. Anyone completing a 1031 Exchange relies on a Qualified Intermediary to explain the different types of exchanges — simultaneous, delayed, build-to-suit, reverse, and personal property — as well as the requirements for a valid exchange and the specific time restrictions involved. Are you the sort that likes to save a buck and do your own taxes? That won’t work with a 1031 Exchange. The Qualified Intermediary acts as a safe harbor for the funds and protects the investor from taxable consequences. The instant a taxpayer receives the proceeds from the sale of a property–actual or constructive receipt as it is called–any notion of a 1031 Exchange evaporates. Using that earlier analogy of trading stocks, it is now a transaction done outside the protective shield of your 401(k). If a 1031 Exchange sounds like it might make sense for you and your portfolio, a good place to start is the Federation of Exchange Accommodators (www.1031.org). This professional trade association is made up of Qualified Intermediaries from across the country. Depending on the amount of hand-holding required, a simple exchange could range from $500 to $1,000 per exchange (more elaborate transactions can cost many thousands more). Winke reports that he paid $800 on his last exchange, and in his words, it was well worth it. — Eric O'Keefe]]> 17 0 0 0 https://landreport.com/2008/01/colorado-offers-preliminary-ruling-against-eminent-domain-of-water-rights/ Tue, 01 Jan 2008 07:00:28 +0000 https://www.landreport.com/?p=99 Sponsored by Rep. Jerry Sonnenberg (R-Sterling), the measure passed with bipartisan support on its third reading. Sen. Brandon Shaffer (D-Boulder) has introduced the Senate version, where it has been assigned to the Agriculture, Natural Resources and Energy Committee. "Water rights do not have the same qualities as fixed real estate," Sonnenberg said in an interview with The Pueblo Chieftain. "One drop of water in the headwaters is essentially the same as another drop located at the state line. As such, governments, like private citizens, can develop and use water from a wide range of locations. The ability to use and develop Colorado's water resources is not tied to a specific location or a specific water right." Not surprisingly, a variety of organizations oppose the bill, including one of the state's most powerful entities, Denver Water. Established in 1918, Denver Water is Colorado's oldest and largest water utility and is responsible for the collection, storage, and distribution of water to 1 in 4 Coloradans.]]> 99 0 0 0 https://landreport.com/2008/06/florida-pays-175-billion-for-187000-acres-in-the-everglades/ Tue, 24 Jun 2008 07:00:57 +0000 https://www.landreport.com/?p=213 In a massive deal announced earlier today, the State of Florida will acquire almost 300 square miles of the Everglades in and around the south end of Lake Okeechobee from US Sugar Corp. for $1.75 billion ($9,000+ per acre). This acquisition outdoes the state's purchase of the 74,000-acre Babcock Ranch in 2006 and dwarfs the last major parcel picked up by the state in the Everglades, the 1999 purchase of the 50,000-acre Talisman Sugar Plantation from St. Joe for $133 million in 1999 ($2,600+ per acre). Currently used for citrus and sugar cane production, the acreage will be re-designated for reservoirs and water-filtration areas. According to news reports, the transaction was negotiated in secret by company officials and the South Florida Water Management District. Obviously this is great news for South Florida. From an environmental standpoint, it is a mind-boggling deal, one that tackles head-on the issues facing the enormous yet fragile Everglades ecosystem. From the state's perspective, the principal beneficiaries will no doubt be the millions of Floridians who live in Martin, Palm Beach, Dade, and Broward Counties.]]> 213 0 0 0 https://landreport.com/2008/06/uranium-contamination-at-pinon-canyon/ Thu, 26 Jun 2008 07:00:01 +0000 https://www.landreport.com/?p=215 First, the Army set off a firestorm when it announced its intention to use eminent domain to condemn 400,000 acres of family farms and ranches in order to triple the size of the Pinon Canyon Maneuver Site. Then lightning strikes ignited wildfires at Pinon Canyon that burned out of control on almost 50,000 acres on and off the range. Now a Colorado state representative is alleging that soil samples he recovered off the Fort Carson training facility last year show evidence of possible uranium contamination. This latest controversy surrounding the Southern Colorado Army installation was sparked by Colorado state representative Wes McKinley (D-Walsh), who made a name for himself as the foreman of the federal grand jury that investigated the Rocky Flats nuclear weapons plant just south of Boulder. Now, according to a report in the Colorado Springs Gazette, Rep. Walsh has followed up on rumors about the dumping of toxic materials at the 238,000-acre Army facility by having four different soil samples tested. The results showed traces of uranium. "I certainly don't think Congress should be thinking about expanding Pinon Canyon until we get answers to the questions about where the uranium came from and whether that land needs to be cleaned up," McKinley said last week. On another note related to the site, Congressman John Salazar (D-CO) succeeded in inserting language into the 2009 military construction bill to block the Army from spending any money on the expansion of Pinon Canyon for at least another year.]]> 215 0 0 0 https://landreport.com/2008/07/working-dogs/ Tue, 01 Jul 2008 07:00:08 +0000 https://www.landreport.com/?p=227 So you need a real dog. Maybe the raccoons and squirrels are fattening up on your sweet corn and tomatoes or the coyotes are dining al fresco on your lambs. Could be that after an appetizer of the latest surefire rodent killer you bought, those barn rats have cleaned out your corn crib and started to scare your cats. You need a working dog. BY HENRY CHAPPELL PHOTOGRAPHY BY WYMAN MEINZER PUBLISHED SUMMER 2008 (View entire photo gallery at the end of the story) Perhaps you could use some help loading or penning stock or rooting a few surly, rough-assed  Herefords out of the brush. Or maybe you just love tough, big-hearted working dogs and would enjoy some company and a little help with the chores. First, let me encourage some self-reflection. Before you take on a real working dog, whether it’s a just-weaned pup, young started dog, or reliable journeyman, understand that working dogs are different from the fat Lab of dubious lineage, panting along on a slack lead, oblivious to the park squirrels and hybrid geese waddling around the fountain. Well-bred working dogs– dogs from bloodlines that consistently produce top performers– are born to work. They’re hardwired for the job, whether it’s hunting, herding, ratting, guarding, or all of the above. You don’t train working dogs to work. Training merely instills a measure of control to behavior that comes naturally. If you don’t give them a job, working dogs will find their own work, usually with disastrous results. Before you begin scouting breeds and scouring web sites, ask yourself a few questions: Can you put up with chewed table legs, shredded landscaping, and bunker-sized holes in your lawn? With planning, these little disasters can be minimized, but something of he sort is bound to occur, especially during the puppy stage. Are you a perfectionist with an explosive temper? I’m not judging you personally, but if that’s your temperament, you probably shouldn’t work with dogs, even if they’re professionally trained. Are you willing to put in 15 to 30 minutes of training on most days, especially during your dog’s first year? Do you really have work for the dog? If not, then consider getting a nice, easygoing rescue dog instead. Hayrides don’t require a thoroughbred. Most important, do you truly love dogs? I don’t mean like dogs, as in you’ll pet a nice one if it comes up to you and starts wagging its tail. I mean are you drawn to them? Do you think about them often? When you visit friends, do you spend as much time fooling with their dogs as visiting? Some of the breeds I’m about to recommend are virtually unknown among casual dog owners. My selections are based on firsthand experience or recommendations from hunters, stockmen, and trainers whose opinions I respect. Ultimately, it comes down to individual dog and handler, not breed, but certain breeds and bloodlines are far better bets than others. FEISTS Working dogs needn’t be large. In fact, for dispatching small vermin, guarding the pea patch, watch duty, and general companionship, small working dogs may be your best choice, especially if you have to trudge back home to the city or the suburbs to earn the payments on your country place. Most native Southerners, especially those with rural roots, will call any small dog that trees squirrels a “feist,” “fice,” or “fice dog.” Nowadays, breeders are developing feists of more uniform appearance and performance, but all the old working traits are still intact. A few minutes spent watching a good feist work will give new meaning to the word “feisty.” Feists are terrier-like in appearance and temperament and working-class in origin. Their lineage goes back to terrier breeds developed in Great Britain for the purpose of hunting small vermin, especially rats. Immigrants brought their terriers with them to North America and bred the little all-purpose dogs for increased hunting and scenting ability by crossing them with curs, beagles, and other trailing hounds. Gradually, the various local and regional feist strains emerged and are still developing as breeding programs stress certain working qualities. Today the most common feist breeds–the DenMark feist, the Mullins feist, the Thornburg feist, and the catchall treeing feist–tree squirrels and raccoons and guard their families’ homes and property. Feists are companionable, eager to please, and make first-class vermin dogs, watchdogs, and small-game hunters. Some will even take on light stock-herding duty. Consistent with their terrier background, feists are fearless and incredibly alert. Their attitude and purpose can be summed up by this stance on treeing feist conformation in the United Kennel Club breed standard: Scars should not be penalized. RAT TERRIERS Not surprisingly, a rat terrier catches and kills rats. And like feists, rat terriers will do just about anything else that needs doing. My old friend Donny Lynch, a trapper and hunter and one of the best outdoorsmen I’ve ever known, swears by the breed. His current rat terriers, Chance and Rafe, tree squirrels and coons, work feral swine, and keep his camp and vegetable garden safe from marauding critters and vermin of the two-legged variety. They also sleep under his bed and entertain his grandkids. A word of warning: Be sure to select puppies only from proven working bloodlines. Rat terriers out of pet and show stock are all too common. PUREBRED CURS “Registered cur” is not an oxymoron, although overly fastidious elements in Dog Fancy might take exception. In general, curs are all-purpose hunting and stock dogs of long and varied lineage. Although the cur’s exact ancestry is impossible to pin down, we know that its origin traces back to yeoman stock and hunting dogs from Europe. The origin of the name “cur” is open to speculation. Some suggest that the word derives from “courtail” or "curtail,” which describes peasant working dogs with tails bobbed to distinguish them from the hunting hounds of the aristocracy. More likely, the dogs’ tails were bobbed because English dog taxes were based on the length of the dog from head to tail. Medieval peasants were poor, but they weren’t stupid. Of the numerous cur breeds and types, two stand out in terms of consistent performance and availability of excellent pups: the blackmouth cur and the mountain cur. Although the blackmouth cur is most associated with the Big Thicket of East Texas, the breed’s versatility makes it popular with stockmen, hunters, and search and rescue teams all over the country. Tough, intelligent, and usually personable, the blackmouth will tree raccoons, squirrels, and other climbing game and handle the wildest cattle and swine. Enthusiasts say the mountain cur made settlement of the Southern Appalachians possible. Slightly smaller and typically more tree-oriented than the blackmouth, the mountain cur herded stock and treed small and large game, including bears and cougars, and guarded frontier homes and property. The mountain cur is a serious varmint dog and an excellent choice for hunters with modest stock-working needs. If your property is in bear country, rest assured that a couple of mountain curs will send a bruin packing. RETRIEVERS I’m afraid I’m about to offend some readers. In North America, “retriever” almost always means Labrador, golden, or Chesapeake Bay. I’m a big believer in the big two, not the big three. Although I’m a fan of the breed and can heartily recommend the golden retriever as a family  pet, I’m afraid I can’t recommend it as a rough, allpurpose ranch or farmdog.While working-stock goldens make fine hunting dogs, their soft temperament–a trait that suburban families love–makes them poorly suited for general-purpose country work. No doubt there are exceptions, just as there are a few goldens that can compete with Labs in field trial competition, but they are rare. Nowadays, because of overbreeding for large size and an excessively long, silky, useless coat, finding a golden that’s free of skin, eye, hip, dental, and elbow problems can be a challenge. And that’s a shame. Let’s hope dedicated breeders more interested in working traits than showring fashion can bring back the tough, versatile water dog once popular with British gamekeepers. That leaves us with the two workhorses of the retriever world: the Labrador retriever and the Chesapeake Bay retriever. According to American Kennel Club statistics, the Labrador retriever has been the most popular purebred dog in America for the past 16 years. Although most registered Labs serve strictly as family pets, the breed is the overwhelming favorite of serious waterfowl hunters. The Labrador has dominated retriever field trials for the past century. A good Lab is perfect for the landowner who needs an easily trained generalist around to woof at strangers, play with the kids, guard the henhouse and garden, and fetch waterfowl and upland game birds during hunting season. My friend James Collier, a veteran pro trainer and hunting guide, offers five reasons for owning a Lab: drive, personality, versatility, trainability, and consistency. “The thing about Labs, especially the ones they’re breeding these days, is that they come with such high hunting and retrieving drive,” he says. “They have all the attributes you need in a good gun dog, plus they have the disposition that makes for an ideal family companion.”

  SHOW US YOUR DOG

  Send photos of your best friend to editor@landreport.com. We'll take the top shots and put them on the site and send the winners a free subscription to The Land Report.

  Unlike the Lab, which was developed in Newfoundland and refined on the British Isles by genteel sportsmen, the workaday Chesapeake Bay retriever retains many of the qualities of the 19th-century market hunters he served so long andwell. A truly American breed, developed to retrieve hundreds of ducks a day fromrough, coldwater, the Chessie is independent, protective, and learns best on the job. The old market hunters had little time for formal training. With his harsh outer coat and wooly undercoat (both oily for water repellence), the Chessie can break ice all day and holds up surprisingly well in hot weather. There is no tougher dog in the world. Like the Lab, the Chessie should make a fine all-around farm dog and companion as well as a first-rate duck fetcher. Although Chessies are territorial and might keep the extension agent in the truck until you step out the front door, they’re rarely aggressive enough to get you sued. They tend to be especially protective of children. HERDING DOGS If you raise sheep and enjoy flashy, exacting stock dog work, you can’t go wrong with a border collie. Often touted as the world’s most intelligent breed, the border collie is without a doubt the most highly refined of the herding dogs. While good ones abound, mediocre and sorry ones are all too common, thanks to the influence of the show ring. Choose with care, and you’re likely to be rewarded with beautiful, lovable, relentless workers. If you run a cow-calf operation, you’ll need a dog with more grit than the average border collie. And you won’t find a grittier breed than the Catahoula leopard dog, also known as the Catahoula cur or Louisiana Catahoula. Nineteenth-century cracker cowboys prized leopard dogs for their ability to root wild cattle out of the dense Florida palmetto flats. Given its background, it’s not surprising that the Catahoula is a bit rough for some kinds of work. They’ll eat your sheep up getting them into the pen. But a good Catahoula will make a reasonable animal out of the surliest mama cow. Randy Walker, of Ranger Creek Ranch in North Texas, has worked with cow dogs for the past 30 years. He loves border collies and Catahoulas. Naturally, he crosses the two breeds to get the trainability of the border collie and the grittiness of the Catahoula. “I’ve tried Australian shepherds,heelers, and most of the other common breeds, but I’ve had the best luck with Catahoulas and border collies. And these crossbreeds are working great,” he says. His advice for prospective cow dog owners? “Papers don’t work. Dogs work. Make sure you’re dealing with reputable breeders who guarantee their pups,” he says. “If a breeder isn’t willing to replace a pup or refund your money if you aren’t satisfied, then look elsewhere.” That’s good advice, regardless of breed. [gallery=3] Click an image to launch the photo gallery, navigate to the next image using the arrow keys on your keyboard ---------------------------------- Wyman Meinzer and Henry Chappell are collaborating on Working Dogs of Texas, scheduled for publication by Collectors Covey in the autumn of 2009.]]> 227 0 0 0 https://landreport.com/2008/07/great-exchange-how-to-use-1031s-to-your-advantage/ Tue, 01 Jul 2008 07:00:28 +0000 https://www.landreport.com/?p=239 Ask any big-league broker to name the single most effective real estate investment tool. Don’t limit yourself to ranch brokers or real estate agents who specialize in islands or farmland or some other rural land. Ask commercial brokers in major urban centers, subsurface guys who buy and sell mineral rights, and corporate types who package shopping centers and apartment building. The top response is bound to be the 1031 Exchange, and the reason is simple. By Bill Winke 1031s are a tool anyone can use with any type of investment property. Commercial investors use it. Ag speculators use it. Raw land buyers use it. And for all those reasons, and many more, 1031s are one of the key factors keeping a fire lit under the land boom. The 1031 Exchange is a much-used method for turning a little into a lot. Understanding how it works is critical to making the best use of this important investment tool. DEFINITION Section 1031 of the Internal Revenue Code states that: “… no gain or loss is recognized if property held for productive use in a trade or business or for investment

  "1031s are a tool anyone can use with any type of investment property."

  is exchanged solely for property of a like kind to be held either for productive use in a trade or business or for investment.” What this means to anyone who invests in rural land is that as long as you roll the profits from one piece of investment property into another, Uncle Sam won’t make you fork over any capital gains taxes right away. In essence, what the government is doing by deferring these taxes is making you a tax-free loan,one you can only invest in another piece of property. QUALIFIED INTERMEDIARY The only way to avoid paying capital gains taxes is for the taxpayer never to have actual or constructive receipt of any of the funds involved. That’s where a Qualified Intermediary comes in. This is the individual or company at the heart of your 1031 Exchange. My lawyer handles most of my real estate transactions, and he typically finds another attorney to act as the Qualified Intermediary. But there are literally hundreds of specialized companies set up to serve as Qualified Intermediaries, including ones owned by highly regulated, publicly traded companies. Remember, the Qualified Intermediary does not have to be a local entity to handle this service for you. I’m sure it depends on the market and the complexity of the transaction, but in my experience a Qualified Intermediary gets well under $1,000 for a simple delayed exchange.

  CHECKLIST: 1031s Read through the full check list of things to know about 1031 exchanges. Click here

  Your buyer and your seller must be notified that you are going to perform a 1031 Exchange. They have to sign off on the exchange because they are effectively acknowledging that you have empowered a Qualified Intermediary to act on your behalf in both transactions. You typically make this notification in the purchase so the buyer and the seller are bound by law to cooperate.
  PURCHASE AGREEMENTS
  Your buyer or seller must be notified that you are going to perform a 1031 Exchange. They have to sign off on the exchange because they are effectively acknowledging that you have empowered a Qualified Intermediary to act on your behalf in both transactions. You typically make this notification in the purchase agreement so the buyer and the seller are bound by law to cooperate.
  LIKE KIND "Like kind" is legalese. It does not refer to property type but instead refers to a property’s use. A 1031 can be used to exchange a cattle ranch for a parking garage, an apartment building for a citrus farm, a gravel quarry for a trout stream. Are they investments? Is appreciation your goal? That’s all that matters to Uncle Sam. I know a broker who helps clients from California park the proceeds from the sales of their franchise properties in farmland until they can find a different use for the money. My own experience with the 1031 Exchange has been tame by comparison. I replace rural land with rural land. It is very simple.
  CASE STUDY Let’s say that Honest Abe and Even Steven each have $500,000 to invest in land. Honest Abe decides to grow his holdings by using 1031 Exchanges to buy under-priced properties and sell them fairly priced. Even Steven is going to do the same thing but without the use of 1031s. Let’s run the numbers. We’ll assume the capital gains tax stays the same over the entire period. We’ll peg this figure at 20 percent: the federal capital gains tax of 15 percent plus an additional 5 percent to approximate varying state rates. During the first five years, each investor will make four transactions, trading up to parcels of greater value each time and selling for a 25 percent gain in each transaction. After four transactions, both hold their final property for a full year and then cash out in the fifth year. For simplicity’s sake, I’m assuming these are all cash transactions. The size of their bottom line would be scary if they financed with just 25 percent down, and their rate of return would skyrocket. I’ll save that for another day. Round 1: Both invested $500,000. A year later and $125,000 richer, they both make a move. Round 2: Honest Abe makes his first exchange: All $625,000 goes into a new investment. Even Steven takes his gains, pays his taxes, and invests the remaining $600,000. Round 3: Honest Abe exchanges again, this time with $780,000. Even Steven tries again and, after taxes, has $720,000 to invest. Round 4: Things get ugly as Honest Abe makes another exchange with his bankroll of $977,000. Even Steven pays his taxes on one more sale and invests the remaining $864,000. Round 5: In the fifth year, Honest Abe has $1,220,000 to show for his work. That’s a gain of $720,000 on which he’ll have to pay taxes. Even Steven has $1,080,000 but only has to pay taxes on that final $216,000. Who’ll come out on top? CONCLUSION It’s Honest Abe with a 4 percent margin of victory and $39,000 more in the bank. After taxes, Honest Abe came out with $1,076,000 and Even Steven with $1,037,000. Paying capital gains taxes on each sale cost Even Steven in the long run. P.S. Yes, these numbers aren’t on the dot. There are costs associated with each transaction, for instance, the fee of the Qualified Intermediary, real estate commissions, etc. If you plan to execute a 1031 Exchange, or think you might, be sure to have the appropriate language added to any purchase agreement you enter into regarding the relinquished property and the replacement property.]]> 239 0 0 0 https://landreport.com/2008/07/checklist-1031-exchange/ Tue, 01 Jul 2008 07:00:21 +0000 https://www.landreport.com/?p=240 The Land Report's checklist of key elements to a 1031 Exchange and learn about Exchange Requirements, Qualified Intermediaries, Proper Purpose, and Qualifying Properties. By Bill Winke EXCHANGE REQUIREMENT: The relinquished property (the one you own) must be exchanged for a replacement property (the one you are buying) rather than sold for cash. A Qualified Intermediary uses the proceeds from the relinquished property to buy the replacement property. QUALIFIED INTERMEDIARY: A Qualified Intermediary (QI) is the independent party that facilitates a tax-deferred exchange pursuant to Section 1031 of the Internal Revenue Code. The Qualified Intermediary cannot be the taxpayer or a disqualified person. Acting under a written agreement with the taxpayer, the Qualified Intermediary acquires the relinquished property and transfers it to the buyer. The Qualified Intermediary holds the sales proceeds to prevent the taxpayer from having actual or constructive receipt of the funds. The Qualified Intermediary acquires the replacement property and transfers it to the taxpayer to complete the exchange within the required time limits. PROPER PURPOSE: Both the relinquished property and replacement property must be held for productive use in a trade or business or for investment. Property acquired for immediate resale will not qualify. The taxpayer’s personal residence does not qualify for a 1031 Exchange. QUALIFYING PROPERTY: According to the Federation of Exchange Accommodators (www.1031.org), “Certain types of property are specifically excluded from Section 1031 treatment: property held primarily for sale; inventories; stocks, bonds, or notes; other securities or evidences of indebtedness; interests in a partnership; certificates of trusts or beneficial interest; and choses in action. In general, if property is not specifically excluded, it can qualify for tax-deferred treatment.” TIME LIMITS: You have 45 days after you close on the the sale of your relinquished property to identify potential replacement properties. If you don’t notify the Qualified Intermediary of the replacements within this time, the 1031 Exchange fails and you trigger the transfer of assets into your name. You are then responsible for all taxes resulting from the sale. Done right, however, and you have 180 days after the transfer of the relinquished property to close on its replacement(s). Keep in mind that the exchange has to take place within a single tax year. TYPES OF EXCHANGES Delayed Exchange: The most common type of exchange, a delayed exchange occurs when there is a time gap between the transfer of the relinquished property and the acquisition of the replacement property. A delayed exchange is subject to strict time limits, which are set forth in the Treasury Regulations. Simultaneous Exchange: The exchange of the relinquished property for the replacement property occurs at the same time. Build-to-Suit (Improvement/Construction) Exchange: This technique allows the taxpayer to build on, or make improvements to, the replacement property, using the exchange proceeds. Reverse Exchange:This is a situation where the replacement property is acquired prior to transferring the relinquished property. The IRS has offered a safe harbor for reverse exchanges, as outlined in Rev. Proc. 2000-37, effective September 15, 2000. These transactions are sometimes referred to as “parking arrangements” and may also be structured in ways that are outside the safe harbor. Property Exchange: Exchanges are not limited to real property. Personal property can also be exchanged for other personal property of like kind or like class. TIMING OF 1031 EXCHANGES An investor empowers a Qualified Intermediary to receive the proceeds from the sale of the relinquished property (the one that’s being sold) and then instructs the Qualified Intermediary to purchase a replacement property. This is the most common form of 1031 Exchange and is called a delayed exchange. A simultaneous exchange is when the Qualified Intermediary sells the relinquished property and closes on the replacement property at the same time. There’s even a case called the reverse exchange. This occurs when the replacement property is acquired prior to transferring the relinquished property. The reverse exchange was only approved by the IRS in 2000 and requires that the replacement property be “parked” with an entity called an exchange accommodation titleholder, which holds title to the property until the sale of the relinquished property takes place. Two other exchanges exist–the build-to-suit exchange and the personal property exchange–but all of my 1031s have been deferred, and in all likelihood yours will be too. SHORT-TERM CAPITAL GAINS What about the taxes you must pay when you finally cash out? The 1031 Exchange is a tax deferral tool, and to defer implies that you will pay later. When you cash out, you will trigger taxes all the way back to the first sale. Some believe that transactions involving properties held for less than a year will be taxed as short-term capital gains even though you used a 1031 to move the proceeds into another parcel. According to my tax accountant, as long as you hold the final property for at least a year before selling it, you only pay long-term capital gains back to your original basis: the original cost you paid for the first property. Other accountants interpret this differently. They suggest that you will actually be triggering short-term capital gains on the properties you held for less than a year. My accountant assured me numerous times that this is not true. Be sure to come to a complete understanding of this issue with your own tax accountant before you exchange a property that you have held for less than a year. DON’T TRY A 1031 EXCHANGE AT HOME A 1031 Exchange allows you to defer capital gains taxes, but the IRS gets kind of funny when you try to avoid them altogether. That’s why a 1031 Exchange won’t work if you attempt to roll a gain on an investment property (the relinquished property) into an investment that will become your primary residence (the replacement property). Investors occasionally try to use this loophole to eliminate capital gains taxes completely by satisfying the primary residence requirements and then selling their home tax-free. That won’t work. If the replacement property becomes your personal residence, the exchange will fail.]]> 240 0 0 0 https://landreport.com/2007/11/idaho-ranchers-challenge-taylor-grazing-act/ Thu, 01 Nov 2007 19:00:42 +0000 https://www.landreport.com/?p=421 By Joseph Guinto When the U.S. Supreme Court convened in October, the men (and woman) in black did not discuss landowner water rights. And for a pair of longtime Idaho ranchers — and perhaps other landowners — no news might mean bad news. For the moment, the court has made no decision on whether to take up the case of Joyce Livestock vs. the United States. Earlier this year, Joyce and LU Ranching won a ruling against the federal government in Idaho’s Supreme Court in a potentially precedent-setting case of grazing rights. Ranchers have long been subject to the rules set by the Bureau of Land Management under the 1934 Taylor Grazing Act. That act allows federal officials to set the terms under which ranchers can use public lands, including whether and how much water can be used. But in 2005, Joyce and LU challenged that law as it applied to Idaho’s Snake River Basin. They argued that because they had operated in the area for more than 100 years–long before the Taylor Act–they had established water rights that the government could not remove. By February of this year, their case reached the Idaho Supreme Court, which ruled in favor of the livestock firms. But the court did not allow the companies’ claim to have the U.S. government pay their $1.3 million court fees. Idaho’s Supreme Court said the government did not act frivolously. The ranchers argued that the Equal Access to Justice Act–a law intended to prevent the government from running roughshod over small businesses and individuals by prolonging expensive litigation–entitled them to court costs. But the Idaho court said it had no jurisdiction to rule on that claim, leaving the U.S. Supreme Court as the last resort. With the court’s docket already set until next year, precedent-watchers will have to wait on a final outcome.]]> 421 0 0 0 https://landreport.com/2007/11/deal-book-2007-sale-of-the-forbes-trinchera-ranch/ Thu, 15 Nov 2007 00:00:55 +0000 https://www.landreport.com/?p=3064 More than a century later, Malcolm Forbes bought the Trinchera Ranch, which is located in Costilla County 160 miles southwest of Denver near Fort Garland. Forbes later acquired an adjacent parcel called the Blanca Ranch to create the present property. What didn’t Bacon get for $175 million? For one thing, he doesn’t have the right to develop the 267-square-mile tract. Those rights were given away in 2004 when the Forbes family donated the largest conservation easement in the state’s history to Colorado Open Lands, a non-profit land trust. In return for this gift, the family received a substantial tax break. According to The Pueblo Chieftain, Bacon has long been a proponent of groups that support conservation and set up the Moore Charitable Foundation in 1992 to aid their efforts. He himself has given conservation easements on two Long Island properties. I asked Dan Pike, the president of Colorado Open Lands, about Louis Bacon, and he said, “He’s probably as good a buyer as we could have hoped for.” A closing note. Most published reports indicate that Malcolm Forbes paid $50 an acre to purchase the ranch in 1969. In 2007, his heirs sold it for more than $1,000 an acre. And that was after they had donated their record-setting conservation easement. As anyone familiar with easements knows, they limit land use and therefore lower land value. Yet the Forbes family was still able to sell the Trinchera Ranch for more than 20 times what Malcolm Forbes paid almost 40 years earlier. Land Report Editor Eric O'Keefe discusses this sale HERE.]]> 3064 0 0 0 https://landreport.com/2008/06/brokaw-steps-up-to-meet-the-press/ Mon, 23 Jun 2008 07:00:38 +0000 https://www.landreport.com/?p=212 Losing Tim Russert was the sort of blow that makes you take pause. The man was 58 years old and at the top of his game, and it showed each week he hosted Meet the Press. I don't know if or how his death darkened your day, but in the week or so since his passing I have bemoaned this loss with friends, colleagues in the media business, and absolute strangers: in airports, at Starbucks, everywhere. Last Sunday I tuned in to watch the special edition of the program, and now I tip my hat to Tom Brokaw for volunteering to man Russert's post through the election season. Thanks to our hour-long interview last year, I wasn't the least bit surprised. — Eric O'Keefe]]> 51812 0 0 0 https://landreport.com/2008/05/in-focus-the-forest-landowners-association/ Thu, 15 May 2008 07:00:03 +0000 https://www.landreport.com/?p=185 Created in 1941, the Forest Landowners Association (FLA) is a proactive, progressive, grassroots organization of timberland owners — large and small — that own more than 37 million acres of timberland in 47 states. It is the only organization created for the specific purpose of speaking for timberland owners at the local, regional and national level.

  The stated mission of the FLA is to support, through advocacy, education, and information, forest landowner’s responsible management of their private property. To help fulfill their mission, the FLA has created the Forest Landowners Foundation. The foundation offers education and information through numerous programs to assist landowners, programs such as developing "How To" brochures for landowners, establishing a scholarship program for forestry students, publication of educational magazine articles, and developing programs to assist the public in appreciating the beneficial ecology of forestry.

  According to FLA Executive Director Scott Jones, the topography of land ownership has undergone a major change in recent years and so has the focus of landownership rights as they sit in Washington, D.C.

  "When manufacturers (such as International Paper and others) owned productive forestlands, they employed policy advocates and analysts to protect their investments against risks associated with policy," Jones notes. "With the recent turnover of the ownership of those lands to private individuals, the new forest landowner find themselves in the same position as the traditional private forest landowner: a large investment in land with little or no political representation. The FLA is trying to fill that void in the nation's capital."

  Membership into the FLA also includes Forest Landowners Magazine, Forest Landowners Insurance Program, full-time representation on Capitol Hill, grass roots action plans, Washington fly-in events, access to policy Fast Facts, and attendance to the annual National Forest Landowners Conference.

  The FLA recently held its 2008 National Forest Landowners Conference at the InterContinental Hotel in Chicago. As the epicenter of emerging markets for private forest landowners, Chicago served as the perfect backdrop for cutting-edge information about how forests can play a role in national issues such as the reduction of greenhouse gases and energy independence. Landowners heard from experts in their respective fields, such as the Chicago Climate Exchange, institutional investment firms, legal and tax experts, and leaders in the bioenergy field. One attendee noted, "This is the best place I can come and hear the latest developments effecting my private forestland investment."

  This year's conference seminars included topics such as carbon trading and ecosystem services, current trends in land and wood prices, new market technologies including wood for energy, and federal forest policy action for landowners. Conference sponsors included BASF, Georgia-Pacific, Arborgen, Plum Creek, Bayer Environmental Science, USDA Forest Service, Timber Mart-South, Weyerhaeuser, and the Society of American Foresters.

  Next year's conference will be held May 26-29 at the Amelia Island Plantation Resort in Amelia Island, Florida. Watch for registration information on the FLA’s website, www.forestlandowners.com.

  ]]> 51817 0 0 0 https://landreport.com/2008/06/fire-fuels-pinon-canyon-debate/ Mon, 16 Jun 2008 07:00:33 +0000 https://www.landreport.com/?p=206 Lightning has struck twice. The Pinon Canyon Maneuver Site is front-page news yet again, only this time the focus of the controversy is not just eminent domain but wildfire. Grass fires, ignited by lightning strikes, have burned more than 40,000 acres of southern Colorado. The fires started on the maneuver site and then spread to federal, state, and private lands adjacent to the Army training zone. Area landowners say the fires highlight the Army's poor stewardship of Pinon Canyon. They single out two primary causes. The first is that the Army didn't respond quickly enough to contain the wildfires, which escalated out of control are now being fought by hundreds of firefighters. The second reason has to do with the long term effect of the maneuver site on the prairie ecosystem. For thousands of years, native grasses have sustained cattle and bison on the American Plains, but with the acquisition of this property by the Army in 1983 the ungulates were removed. The lack of foraging animals means that native grasses now grow out of control, and the maneuver site has now become a huge safety hazard. Be sure to get up to speed on the backstory of one of the biggest land grabs by Uncle Sam by reading this report from June 2007.]]> 51820 0 0 0 https://landreport.com/2008/01/rancho-el-cojo-and-jalama-ranch-combine-to-make-25000-acre-ranch/ Fri, 11 Jan 2008 07:00:16 +0000 https://www.landreport.com/?p=91 BY TREY GARRISON PUBLISHED JUNE 2007 The Cojo-Jalama's $140 million price tag makes it the most expensive land deal to date in 2007. Sotheby's International Realty, which listed the ranches at a record-setting $155 million, closed the deal earlier this year for a reported $140 million. Santa Barbara's Kerry Mormann of Kerry Mormann & Associates co-brokered the deal. And while there's still six months to go, it looks like the Cojo-Jalama Ranch could be one of the priciest land deals of 2007. Located on some of the most envied land in California, the Cojo-Jalama is a working cattle operation with a nearly 100-year pedigree. The sprawling private enclave includes about eight miles of coastline, coastal plains, and inland valleys. The property stretches from Point Conception and the Gaviota Coast to the foothills of the Santa Ynez Mountains and boasts rolling grasslands, ancient oak forests, and breathtaking views of the Santa Barbara Channel Islands. By combining Rancho El Cojo and Jalama Ranch into the Cojo-Jalama, Sotheby's created an impressive real estate package that the listing agents say likely won't be seen again. "Our goal was to fashion the finest real estate opportunity on the West Coast and present it to the world," Sotheby's CEO, Kathryn Korte, said in a release. Know of a land deal that can top it? Tell us about it at online@landreport.com.]]> 51850 0 0 0 https://landreport.com/2007/11/bureau-of-land-management-makes-push-to-buy-western-land/ Thu, 01 Nov 2007 07:00:51 +0000 https://www.landreport.com/?p=105 By Joseph Guinto Under a federal law, the BLM, an arm of the Department of the Interior, has begun buying private properties that carve into federal wildlife refuges, national parks, national forests, and their ilk, making those lands difficult to access or manage. Though the law — the Federal Land Transaction Facilitation Act — was passed in 2000, federal agencies had not used it to make a land acquisition until this fall. In September, the BLM, working with the Forest Service, the National Park Service, and the Fish and Wildlife Service, offered $18 million to snap up 19 parcels of private land in seven states. Overall, some 9,000 acres of land were acquired in New Mexico, Idaho, Arizona, Colorado, Wyoming, Oregon, and California. The last of those states provides a good example of the law’s intent. The BLM and other agencies spent $850,000 to buy 321 acres near the Coachella Valley Fringe-toed Lizard Preserve, a tongue-twisting federal wildlife refuge near Palm Springs. The preserve features both sand dunes and rocky hills and is home to the threatened fringe-toed lizard, which is found nowhere else in the world. The reason the BLM wanted the land was that it separated the preserve from the Joshua Tree National Park. The equally tongue-twisting Federal Land Transaction Facilitation Act can also work the other way around. In cases where federal lands are isolated by surrounding private properties, making them of little value to the government, the BLM can offer those parcels for sale. It can also sell off lands that have clear residential or commercial worth. The BLM has made $95 million from such sales so far. Most of that money is required to go to further land acquisitions, like the purchases the BLM made in September. “These purchases promote conservation while helping ensure efficient and effective public lands management,” said Lynn Scarlett, deputy secretary of the U.S. Department of the Interior, during the dedication ceremony for the Coachella Valley property. And if you’re wondering: No, this is not eminent domain. The act stipulates that government agencies only buy property from willing sellers.]]> 51865 0 0 0 https://landreport.com/2008/04/idaho-considers-landowner-tax-credits/ Sat, 26 Apr 2008 07:00:32 +0000 https://www.landreport.com/?p=109 The Idaho Working Lands Initiative would offer tax credits to eligible landowners who preserve their land through conservation easements. House Bill 262 calls for a 50 percent tax credit on the fair market value of land belonging to a "taxpayer who makes a voluntary conservation donation to a qualified sponsor." Credits would be capped at $500,000 per donation and $3 million per year for the entire program. The incentive for landowners is the transferable credits program, which is modeled after similar credit programs in Colorado and Virginia according to Bas Hargrove of The Nature Conservancy. Landowners who don’t have a large tax bill still have an incentive to donate land. “If you get one of these tax credits, you have the possibility of selling it on the open market,” Hargrove says. In one example laid out by Hargrove, Joe Rancher could take an easement valued at $1 million and receive the maximum allowable credit of $500,000. He then has two options with his credit. He could take it to the open market and sell those credits or carry them forward and apply them to his tax bill for up to 15 years. The tax credits can also be divided. A landowner with $500,000 in credits could keep $150,000 for himself and spread them out over 15 years at $10,000 a year and then sell the remaining $350,000 tax credits. In Colorado, those credits are quite valuable. “What we found in Colorado where this program has been in place is that landowners are getting about 80 cents on the dollar for the credit,” Hargrove says. “It sets up a market for brokers who match buyers and sellers.” The core idea still remains the preservation of land, which has been rapidly decreasing. Hargrove cites a recent study by the American Farmland Trust that said Idaho could lose up to 5 million acres of farmland in coming years. Hargrove said comments from lawmakers have been favorable regarding the bill. “The reception has been good,” Hargove said. “It’s a complex enough bill that we wanted to take time to introduce it last session and start the education process and really make a run at it in the session coming up which starts the first week of January.” The key has been taking what Colorado and Virginia have learned from the program, both good and bad, and improving on it in the Idaho bill. “We’ve seen in Colorado and Virginia a tremendous popularity in this program where they’ve grown incredibly fast. So much so that they’ve started putting some checks on it and doing some oversight. We’ve tried to address a lot of growing pains issues in other states on the front end of ours,” Hargrove said. “By virtue of having a cap you have to address what happens to the excess. What we’ve done is set up a tax credit advisory committee. That committee would be responsible for the process of deciding how the tax credits are given out. We envision based on the objectives stated in the act that there would be certain criteria. That way we think we will weed out the abuses that we’ve seen in cases in other states.” Eventually, the planners would like to see an increase in the $3 million cap on credits according to Hargrove. Displaying the benefits of a conservation program versus tax revenue will be the key. “Weighing [tax revenues] against the public benefits, clean water, working farms and ranches, that’s really the question that is out there, we want to give landowners the option of staying on the land rather than selling out to the highest bidder,” Hargrove said. “Our history is all about working forests, ranchland and farmland and we’re losing them quickly and this gives us another tool so that landowners don’t have to give up.”]]> 51868 0 0 0 https://landreport.com/2008/04/whats-hot-in-the-rocky-mountain-market/ Sun, 27 Apr 2008 07:00:40 +0000 https://www.landreport.com/?p=120 Open range, snow capped peaks, and beautiful views embody what many seek when searching for their first piece of property. One need look no further than the scenic American West when searching for this ideal piece of land. The Rocky Mountain area continues to be a prime location for landowners seeking convenience and amenity in their purchase. John Pierce of Hall & Hall Ranch Sales says many looking to move to the Rockies do so because of the traditional resort ski areas. “You have your resort communities and properties within reasonable striking distance of those ski communities. There are Jackson, Steamboat, Vail, and Aspen, those kinds of markets. You have your lesser known like Missoula, Livingston, Bozeman, those areas have been strong although they aren’t first and foremost known as ski towns,” Pierce says. “They are more known as nice communities within reasonable proximity of skiing but not known as a ski community.” One area where Pierce says he’s seen the most growth is Park City, Utah. Names like Aspen and Snowmass are synonymous with skiing; cost and overcrowding have some potential buyers looking elsewhere. “You’ve seen a lot of growth in the Park City area because of convenience. [An airport] hub like Salt Lake City where you’re 30 minutes into the mountains from the point you touch down is extremely convenient,” Pierce says. Park City is 40 miles from the Salt Lake City International Airport while Aspen and Steamboat Springs are more than 180 miles from Denver International Airport. “With commercial flight becoming more challenging, that’s a big part of it. You go into Denver, and it’s still quite a ways to the ski areas. It’s not as convenient as Salt Lake City with Deer Valley and Park City. That’s certainly an area where we’ve seen a fair amount of growth,” Pierce says. “Going to an Aspen or a Sun Valley; it’s that much more complicated.” If there is property to be had, many willing buyers are there ready to scoop it up. Pierce says access is the key with many weekend warriors flying to their land from “the major money centers around the country.” It’s a national draw so air travel is a must. Still, Pierce says, there isn’t a slowdown in any ski resort communities in the area on the horizon. There will always be buyers for properties in the traditional ski areas. Hall and Hall’s listings currently point to a high demand market. There are no properties in Pitkin County (Aspen) and only one property, an 876-acre retreat, in the Park City area. A recent article in the Salt Lake Tribune points out that home sales in the area are sagging with more than 2,600 homes priced in excess of $500,000 on the market. Acreage is harder to find however. The Wasatch Front MLS lists only 34 properties with more than four acres of land. “We have definitely seen more funds coming into the marketplace place as potential buyers where they are looking at it as an investment,” Pierce says.]]> 51872 0 0 0 https://landreport.com/2008/04/corn-profits-rocket-skyward/ Sun, 27 Apr 2008 07:00:30 +0000 https://www.landreport.com/?p=143 With prices reaching upward of $3.50 a bushel, farmers intend to plant roughly 90.5 million acres of corn in 2007. That's 12.1 million acres more than in 2006 and the largest amount in more than 60 years. Iowa remains the top corn state with 13.9 million acres-a more than 10 percent increase over last year. Ethanol production in the United States has risen dramatically in recent years. According to the St. Louis-based National Corn Growers  Association, the ethanol industry consumed more than 1.8 billion bushels of corn in 2006, producing 4.9 billion gallons of renewable fuel.]]> 51881 0 0 0 https://landreport.com/2008/05/maine-goes-public-on-10-million-acres/ Mon, 05 May 2008 07:00:58 +0000 https://www.landreport.com/?p=172 The last and largest contiguous block of forestland east of the Mississippi — more than 10 million acres — is up for grabs ... at least as far as public policy goes. Maine's Land Use Regulation Commission is now holding public workshops, which will soon be followed by public hearings, which will then be used to develop a Comprehensive Land Use Plan for the Pine Tree State. Get ready. Maine's North Woods is a national treasure. It boasts more than 3,000 lakes and ponds interspersed among 10-plus million acres of timber. Several top Land Report 100ers — including the Irving family (No. 3), the Pingree heirs (No. 6), and the Huber family (No. 10) — have substantial holdings in the region known as the Unorganized Territory. Needless to say, a long list of interested parties will want to have a say: landowners, timber industry representatives, conservationists, and developers.]]> 51907 0 0 0 https://landreport.com/2008/05/land-is-the-riskiest-form-of-speculative-real-estate/ Thu, 01 May 2008 07:00:35 +0000 https://www.landreport.com/?p=173 Every once is a while, someone gets it so wrong that they end up being right. This quote by Paul Puryear, a housing analyst at Raymond James & Associates, ran in today's Wall Street Journal. It's about CALPers and its tanking land play outside of Los Angeles. His quirky rationale belongs with the best of Yogi Berra. I'd put it up there with "This is like deja vu all over again." Here's why. Risk is an inherent element to any speculative investment. That's why we call it speculating. It doesn't matter if it's land or equities or commodities, if you're out to make a quick buck, you always go in knowing you can lose that buck as well. That's why our mantra at The Land Report is "Invest. Improve. Enjoy." Make sure you're dealing with a reputable seller. Lock in a reasonable purchase price. If you've got a long-term perspective and purchase a piece of property you can also enjoy, you've capped your downside. What's to lose? The CalPERS deal is obviously not your typical land purchase. The giant pension fund is one of the nation's largest land owners. It manages $244 billion with nearly $21 billion in real estate investments. According to the Journal, CalPERS has been investing in undeveloped land since 1994 and has seven partners on similar deals in 12 states. When CalPERS took a position in LandSource Communities Development, the venture had a book value of $2.6 billion. Now those assets are valued at $1.8 billion, and it's also carrying debt of $1.24 billion. Which brings up my final question. Why didn't CalPERS steer clear of a risky land play and invest in timber instead? Talk about a safe bet. The land appreciates. The timber appreciates. And with every harvest it throws off a steady cash flow. That was easy.]]> 51909 0 0 0 https://landreport.com/2008/07/alabama-land-an-excellent-investment/ Mon, 14 Jul 2008 07:00:01 +0000 https://www.landreport.com/?p=248 Alabama Farm Real Estate: A Comparison of Returns and Values Since 1970, which was prepared by John Adrian and Walt Prevatt, professors and extension economists at Auburn University.  Here are the high points: In 1970, buyers were paying on average $200 per acre for Alabama farmland. In 2007, the average price per acre was $3,100, a 1,450 percent increase over the period or 40.3 percent per year. This figure covers a substantial timeframe, but it does offer insight into the underlying market conditions inherent throughout much of the state. Farming and agriculture have long been key drivers buoying rural land values in Alabama. Numerous additional factors have pushed up demand, including the recent stretch of historically low interest rates and the popularity of 1031 Exchanges. And then there are Alabamans themselves. These people love to hunt. They love to fish. They love to get out on the land and out on the water. Residents of Birmingham, Mobile, Montgomery, and Huntsville are excellent examples of urban dollars propelling the market for rural and recreational land to even higher levels. This is particularly the case in the area of Northern Alabama around Huntsville and Lake Guntersville. In addition to Birmingham, it draws investors, retirees, and vacation-home buyers from a multistate area a short drive away, including Atlanta, Chattanooga, Nashville, Memphis, and Jackson. Take a look at a map of the state. The distance from the Gulf Coast to the rolling hills along Alabama’s northern border is well over 300 miles, a key factor for those uninterested in boarding their condos and heading for high ground during hurricane season. “Halfbacks” — Northerners who relocated to Florida but have since grown disenchanted, don’t return all the way home. Instead, they move half the way back. Two of the more popular destinations for this growing breed are the mountainous terrain around Asheville, N.C., and Northern Alabama. Huntsville is Northern Alabama’s largest city. It has become a haven for outside investment and has a burgeoning federal payroll. The Redstone Arsenal, NASA’s Space Flight Center, and the nation’s second-largest research park have led to an influx of good-paying jobs that employ a well-educated work force. The region also has one of the highest concentrations of engineers and Ph.Ds in the country. One topic not discussed in the Auburn report was Alabama’s attractive tax climate. According to the state’s department of revenue, Alabama ranks 48th among all states in per capita taxation, a substantial enticement for retirees and those considering retirement in the near future. Although Adrian and Prevatt, the authors of the Auburn report, wisely opted not to gaze into the crystal ball and offer their predictions on future trends in land values, a great deal can be discerned by reviewing the annual returns on rural land in Alabama during the three years that preceded the report’s publication: 30 percent in 2005, 15 percent in 2006, and 13 percent in 2007.]]> 248 0 0 0 https://landreport.com/2008/08/its-official/ Mon, 25 Aug 2008 07:00:56 +0000 https://www.landreport.com/?p=259 There's an old saying: "It's not news until it runs in the Times." Thanks to this story, natural gas has officially become America's energy darling. Huge shales beds that have been long overlooked are now or will soon generate enormous incomes for producers, taxing entities, and of course landowners. Not only are black or brown shales found in 23 states, but the energy they produce, or more specifically, their emissions, are cleaner than either coal or oil. This is a development that will affect tens of thousands of landowners in all sections of the country, and the writer details the possibilities in an effective, enjoyable read. (Full disclosure: I have been writing for The Times since 1996.) — Eric O'Keefe]]> 259 0 0 0 https://landreport.com/2008/09/shuttered-silver-mine-to-reopen/ Fri, 05 Sep 2008 07:00:35 +0000 https://www.landreport.com/?p=267 First it was ethanol and the price per acre in the Corn Belt. Then oil and gas began propping up land values in mineral-rich areas such as the huge shales found coast to coast. Now other commodities are driving other forgotten or overlooked real estate markets, including an out-of-the-way section in Far West Texas where the state's richest silver mine is slated to reopen after a seven decades of inactivity. Silver was first discovered in the Big Bend region of Far West Texas in the 1880s and mined at La Mina Grande in Presidio County from 1883 until 1942. More than 35 million ounces were produced. This area of the Lone Star State is home to some of the largest ranching empires in the country, and includes several Land Report 100ers: Brad Kelley, Jeff Bezos, and Clayton Williams, among others. The recent and sustained increase in the price of silver led Aurcana, a Canadian mining company, to pay $43 million to Silver Standard Resources to acquire the flooded mine, which it plans to reopen in 2010. Annual production estimates of 3.2 million ounces per year are forecast. More to come.]]> 267 0 0 0 https://landreport.com/2008/09/pinon-canyon-a-closer-look/ Mon, 08 Sep 2008 07:00:49 +0000 https://www.landreport.com/?p=269 For more than a year The Land Report has been tracking the largest proposed seizure of private property by the federal government in modern history: the Battle for Pinon Canyon. It pits ranchers in southeast Colorado against an opponent that’s not used to losing ground wars: the US Army.

  The stakes are high. The Army’s Fort Carson, which is based more than 100 miles away in Colorado Springs, wants more than 420,000 acres - that’s more than 600 square miles of land currently in private hands - to expand an existing training ground known as the Pinon Canyon Maneuver Site (PCMS). The U.S. Army already has 20 million acres of training grounds, but it says it has to have the land in Pinon Canyon.

  Local ranchers, meanwhile, are refusing to give in, and they say they won’t just lose the land the Army wants but their entire way of life. The military's land grab will disrupt their way of life, disturb neighboring ranches, cut some ranches off entirely, and decimate the economy of nearby ranching communities such as Trinidad.

  Over the next several weeks, The Land Report will examine events unfolding in this epic, sometimes tragic struggle that pits some of the most traditional, red-state landowners against one of the few institutions of government they have an undying respect for but which they have vowed to fight to the bitter end.

  Make no mistake: what happens in Pinon Canyon is something that affects landowners everywhere. The Land Report will be tracking this story every step of the way.

  ]]> 269 0 0 0 https://landreport.com/2008/09/steep-drop-in-colorado-real-estate-prices/ Wed, 10 Sep 2008 07:00:15 +0000 https://www.landreport.com/?p=271 Sales of land, ranches, and resort residences in Colorado's top tier markets are off as much as 50 percent in 2008, according to figures compiled by Telluride Consulting and Land Title Guarantee Company. These numbers apply to Aspen, Breckenridge, Steamboat Springs, Telluride, and Vail, and present an unprecedented buying opportunity, according to George Harvey, president-elect of the Colorado Association of Realtors and a broker at Telluride Properties. "In my opinion it is the undoubtedly the best time to buy real estate in the Telluride region in over 10 years. At the current sales pace, the market shall absorb about 400 of the approximate 1,800 properties currently listed in the Telluride MLS by the end of the year 2008," writes Harvey in a note to Land Report Publisher Eddie Lee Rider Jr. On the other side of the coin, this means that about 1,400 listings will not get sold in the Telluride market this year. Per usual, unique properties and those perceived as good values are moving quickest. Harvey notes that buyers are looking for a 15 to 20 percent discount compared with the more typical 5 to 10 percent off. "We know that doesn’t settle well with many sellers," he writes. One final consideration. Harvey sees a balanced market emerging perhaps by 2010. It will take that long before the number of listings and the number of sales reach an equilibrium. George Harvey can be reached at Telluride Properties by calling 970-369-5373.]]> 271 0 0 0 https://landreport.com/2008/09/pinon-canyon-the-opposition/ Tue, 16 Sep 2008 07:00:18 +0000 https://www.landreport.com/?p=276 Mack Louden's most memorable feature isn't his sunbaked skin or his steely eyes. It's his determination. The man's face is optimistically defiant, unbroken yet scarred, and colored by a tinge of melancholy and pessimism. More than a century ago, his type settled the Great Plains. In the decades since, they have gone off to war and then returned home to run family-owned ranches. Now Louden and many other Coloradans are engaged in another protracted struggle as they oppose the US Army’s planned 420,000-acre land grab in southeast Colorado. “The people are losing the government,” he says. “The Pentagon is going ahead with their plans despite all the studies they’re supposed to be doing. It affects everyone in this region, and they’re not even following their own rules.” Louden’s face and hands show the wear and leathering of a lifetime of ranch work. He walks with his head high, and he looks you square in the eye when he talks to you. A man with more years behind than ahead, he still has the fierceness of spirit of men half his age. So this is a man who doesn’t give up once he sets his mind to a task, and yet on an August afternoon, he’s finishing out the scutwork of closing his feed store in Trinidad about an hour away from his 30,000-acre ranch. He couldn’t run the store, look after his herds of Red Angus, and continue his battle against the Army’s eminent domain plans. The fight alone takes 50 hours a week. Something had to give, and the feed store went first. “When it comes down to it, this is what’s important,” he says, sitting upstairs in the feed store. The bulk of the inventory downstairs has already been cleared. He spits a little Copenhagen into a cup as if to put an underline on it. “It’s driving my wife crazy how much of my time this has taken, but no matter what it costs me I’d fight it again if I had the chance.” But Louden is not alone. In recent years, the movement opposing the Army’s planned expansion of the Pinon Canyon Maneuver Site (PCMS) has grown stronger. It’s a broad coalition of ranchers, archaeologists, paleontologists, tribal leaders, and business owners who oppose the expansion, but the ranchers are far and away the backbone of this domestic insurgency. (The current PCMS is 245,000 acres along and around the Purgatoire River. It was taken or purchased — after eminent domain proceedings — in September 1983 at a cost of about $26 million plus $2 million for relocating some ranchers and their  families.) While the opposition is strong, political support in Denver and Washington is actually weak. Initially, Colorado’s two U.S. Senators — Republican Wayne Allard and Democrat Ken Salazar — gave lip service to the ranchers. Now both have backed off, offering lukewarm support at best. Only US Rep. Marilyn Musgrave (R-Colorado) has been a staunch ally. Louden and the rest of the ranchers are using every avenue they can. They've even employed the government’s own environmental and preservation laws to stymie the Defense Department’s plans. And opponents are also looking into what they say are suspicious connections between military contractors, Pentagon brass, Colorado senators, and some powerful interests in the state’s capitol. Louden has already proven he’s willing to make this, his last fight, one he carries to the end. “We’ve already pledged it — not one more acre,” he says.]]> 276 0 0 0 https://landreport.com/2008/09/sheikh-mohammed-buys-stonerside-stable-from-houston-texans-owner-mcnair/ Fri, 19 Sep 2008 07:00:05 +0000 https://www.landreport.com/?p=282 The royal family of Dubai expanded its massive holdings in the heart of Kentucky Bluegrass country by 2,000 acres this week when it acquired Stonerside Stable from Bob McNair, owner of the NFL's Houston Texans. Other assets included in the sale, which closed on Monday, were 80 racehorses, 170 broodmares, yearlings, and weanlings, and a training center in Aiken, SC. Terms were not divulged, but local brokers value the land, which is located in the heart of the state's best Thoroughbred country, at $20,000 to $25,000 per acre. A ballpark estimate before improvements and bloodstock would put its value at $40 million to $50 million. The Maktoum family has long been recognized as owning the world's winningest Thoroughbred stable, Godolphin Racing, which has won 142 Grade One races worldwide. They market their stallions through a second entity, Darley Stud, and Stonerside will be incorporated into the latter. This latest acquisition becomes the fourth horse farm the Maktoums now own in Kentucky and brings their holdings to almost 10,000 acres, by far the largest family-owned block. According to the Thoroughbred Times, the Maktoums purchased the McNair's upstate New York farm and training facility outside Saratoga Springs for $17.5 million January 2007.]]> 282 0 0 0 https://landreport.com/2008/09/pinon-canyon-sen-salazar-feels-the-heat/ Tue, 23 Sep 2008 07:00:13 +0000 https://www.landreport.com/?p=286 Pressure from grassroots opponents of the U.S. Army’s attempt to seize 420,000 acres of privately-owned land in southeast Colorado is starting to produce some results in Washington. While he’s been a lukewarm supporter of Colorado ranchers in their fight with the Department of Defense as it seeks to expand the Pinon Canyon Maneuver Site, US Sen. Ken Salazar (D-CO) is feeling the heat now that the November elections are less than six weeks away. Salazar made the following statement condemning eminent domain just weeks after the Democratic National Convention.

  “I continue to strongly oppose the use of eminent domain to expand Pinon Canyon in southeastern Colorado,” Salazar said. “The Army has said it would not use that power if the expansion were approved, but I support any measure that would put this promise into law.” He added that the Army must follow due process with all the attendant studies and impact statements, something ranchers say hasn’t been the case thus far. “Before any acquisition occurs with taxpayer dollars, we must honor the process we put in place last year to get answers from the Army on whether they even need the land or, if they acquired the land, what effect it would have on southeastern Colorado,” Salazar says.

  According to the ranchers caught in the middle of all this, Salazar’s opposition is good but not good enough. They say a checkerboard land grab would make the acquisition of other ranchers’ land a certainty because it would devalue adjacent parcels as well as those in the immediate vicinity.]]> 286 0 0 0 https://landreport.com/2008/09/pinon-canyon-the-fight-goes-to-the-hill/ Mon, 29 Sep 2008 07:00:14 +0000 https://www.landreport.com/?p=288 The U.S. Senate is close to approving a $72 billion military construction budget that would effectively prevent the Army from spending any money to expand the Pinon Canyon Maneuver Site for another year. But opponents of the expansion are by no means breathing easy.Despite the explicit prohibition on any funding for eminent domain as detailed in the House version of the bill, proponents of the expansion want the U.S. Army to be allowed to solicit willing sellers near the training site. And there’s no guarantee that Colorado's two Senators - Republican Wayne Allard and Democrat Ken Salazar - won’t leave the door open for a similar gambit in the Senate version. Rep. Doug Lamborn (R-CO) led the effort to allow the Army to circumvent the spending ban. Lamborn is the Colorado representative who attached language to the House version of the 2009 Defense Authorization Act that allows the solicitation of “willing sellers.” But Rep. Marilyn Musgrave (R-CO) and Rep. John Salazar (D-CO), who back ranchers and other expansion opponents, say Lamborn’s attachment conflicts with the expansion moratorium. Last year, the House and Senate sided with the Pinon Canyon opponents, so how that will be worked out remains to be seen. But John Salazar said the continuing moratorium would prevent the Army from acquiring land even if officials go ahead in soliciting landowners. "I am proud to report that this bill continues the funding ban to prevent the Army from expanding Pinon Canyon," Salazar said in a statement to the press after the House version was passed. Lon Robertson, a rancher and the leader of the Pinon Canyon Expansion Opposition Coalition, says he’s furious about Lamborn’s maneuvering. “(Salazar and Musgrave) authored legislation banning all funding for any expansion of the Pinon Canyon Maneuver Site; a majority of the U.S. House and Senate approved the bill; and President Bush, the commander in chief, signed it into law. Is Army Assistant Secretary Keith Eastin that unfamiliar with the chain of command that he believes he can go ahead and spend taxpayer dollars anyway? The Army cannot explain why they need this land and why they can’t train on the 25 million acres already owned by the military,” Robertson says.]]> 288 0 0 0 https://landreport.com/2008/10/t-boone-pickens-the-land-report-interview/ Wed, 01 Oct 2008 07:00:06 +0000 https://www.landreport.com/?p=291 Join Land Report Editor Eric O'Keefe as he goes behind the scenes with the legendary Texas oil man on his Roberts County ranch and in his quest to wean America off foreign oil. Outside, the Midwest summer sun has pushed the temperature well above 100. Inside Topeka’s Heritage Hall, it’s standing room only, and there’s still half an hour to go before Kansas Gov. Kathleen Sebelius takes the stage to introduce T. Boone Pickens at the very first Pickens Plan town hall meeting. The fire marshal has already collared building personnel and informed them that the capacity crowd of 500 exceeds the city’s fire code. Over the next half hour, hundreds more show up. All are barred from entering, yet not one of them turns away. Instead, they choose to sit outside in the scorching heat and listen in over the public address system. Farmers in overalls and work boots, school kids in jeans, a Senate candidate in the requisite blue blazer and repp tie–the Pickens army is mustering for its first official review. The focus of its mission–to develop renewable energy sources such as wind and solar power and use them along with other domestic fuels to curb America’s addiction to foreign oil–is a natural fit for Kansas. Crops, cattle, oil and gas — the Sunshine State is a commodities-producing powerhouse, and today’s gathering lures Republicans and Democrats, rural folk and city slickers, entrepreneurs and environmentalists. Furthermore, the state sits smack-dab in the middle of the nation’s Wind Belt, a 1,000-mile corridor extending the length of the Great Plains from West Texas to the Canadian border that according to Department of Energy estimates can produce 20 percent of the country’s electrical needs. This enormous untapped power plant is one of the central pillars of the Pickens Plan, and its importance is emphasized by Gov. Sebelius as she introduces Pickens. Confident and easygoing with her constituents, she puts the “town” in town hall meeting by setting a comfortable, conversational tone. The governor points out that Kansas is one of the windiest states in the country “even when the legislature is not in session.” After the laughter subsides, Pickens accepts the microphone. He spends the next hour briefing his troops: detailing the progress of the Pickens Plan, emphasizing how he hopes the country’s energy plight will take center stage in the presidential campaign, and encouraging the audience to monitor developments in real time at www.PickensPlan.com. He acts anything but his 80 years, pacing back and forth on stage as he cites an endless list of figures off the top of his head, ranging from the demand for oil domestically and around the world to production percentages for energy in the US. In his trademark whiteboard presentation, he details the possibilities for reducing America’s dependence on imported oil by more than 30 percent by the end of the next decade. His solution? Use wind energy for power generation, and shift part of the country’s natural gas production into transportation for fleet operators and mass transit. A good portion of the meeting is reserved for questions from the audience. A wide array of topics is broached. As the Q&A progresses, it becomes apparent that the Pickens Plan is starting to take on a life of its own. The idea of securing America’s energy security casts a wide net. Trained as a geologist at Oklahoma State, Pickens has spent five decades in the petrochemical industry. Now he’s being asked to discuss a much broader range of topics: rechargeable power cells, specific local utility regulations, and the possibility of utilizing geothermal energy. On several occasions, Pickens hammers home a point by bringing up his wife, Madeleine, and the key role she played in instigating the Pickens Plan. At home late at night or during their travels, she was the one most likely to have to listen to his insistent complaints about the country’s lack of an energy plan. “Why are you always telling me about this?” he tells the crowd she would ask him. “Why don’t you just do something about it yourself?” Heads nod among the couples in the audience. The fact that the Texas billionaire has a wife who tells him to put up or shut up wins big points. The biggest applause line occurs when the career oil man is faced with a question about fuel cells and alternative energies. Caught flat-footed, he admits his ignorance and then quickly parries with a question of his own about the energy source. “Is it American?” he asks. When informed that it is, he responds, “Then I’m for it. I’m for anything American.” The crowded hall bursts into cheers. Although a great deal of effort went into the logistics and planning of the first Pickens Plan town meeting, in essence it was a throwback to the sort of political barnstorming rarely seen nowadays. Unscripted, deeply personal, and punctuated by quick wit and pithy quips, it was as close to Harry Truman’s 1948 Whistle Stop Tour as America is likely to see in this day and age. The populist appeal of the messenger has proven to be a crucial factor in the success of the Pickens Plan. Backing it up, however, is a $58 million marketing campaign funded by Pickens himself that is built around a barrage of TV commercials and a full-out assault on the Internet. Pickens and his plan can be accessed via his Facebook page, his MySpace profile, LinkedIn, Twitter, and YouTube. Newsweek has labeled the 80-year-old “the Web’s first senior blog star,” and the success of his website proves it. Since its launch in early July, www.PickensPlan.com has become one of the most popular sites on the Internet. More than 250,000 have signed up as supporters; the number of visits has surpassed 6 million. According to Quantcast, it ranks as one of the top 1,000 worldwide. Throughout his career, Pickens has developed a repertoire of sayings he calls Booneisms. I got to hear many of them firsthand earlier this year when I assisted him by editing his memoir The First Billion is the Hardest (Crown), which has just arrived in bookstores and has already made The New York Times bestseller list. Many of them are straightforward, including this favorite of mine: “As my father used to say, ‘There are three reasons we can’t do it. First, we don’t have the money, and it doesn’t make a damn about the other two.’” Other Booneisms are character builders more in the tradition of Ben Franklin: “Show up early. Work hard. Stay late. Work eight hours and sleep eight hours, and make sure that they are not the same eight hours.”Pickens increases the reach of his message with a torrent of media appearances. Wolf Blitzer, Neil Cavuto, Lou Dobbs, Don Imus, Larry King – he’s appeared on all of their shows as well as ABC’s Nightline, CNN’s American Morning, NBC’s Squawk Box, NPR’s Morning Edition, and CBS Evening News with Katie Couric. The day of the Topeka town hall meeting his first stop was in Wichita, where he sat down for an hour-long meeting with the Op-Ed board of the Wichita Eagle, a process he has repeated with The New York Times, The Wall Street Journal, The Washington Post, The Washington Times, The Los Angeles Times, The San Francisco Chronicle, and the Chicago Tribune, among others. The one he uses to describe his energy plan goes right to the point: “A fool with a plan can outsmart a genius with no plan any day.” Pickens initially outlined his ideas for reducing the country’s dependency on foreign oil in the final chapter of The First Billion, which he titled “The Big Idea: An Energy Plan for America.” It’s an audacious proposal that relies as much on forward thinking as it does his decades of experience. “Over the next fifty years the United States is going to need much more wind, solar, and other alternative energies. We have to get into these businesses. There’s no way we can generate the energy we need the way we’re doing things today. The future is in renewables. We need a visionary step forward. We need leadership to say, ‘This is what we must do to win the war against foreign oil and end our dangerous and fatal addiction. Here’s a new idea. A bold idea,’” he writes. This bold idea came to Pickens on his Mesa Vista ranch in Roberts County, Texas. “It’s where I call home,” he writes. “I honestly cannot tell you how much I enjoy being on my ranch. I’ve given serious thought to living in Roberts County and commuting to Dallas.” Pickens first set eyes on the Panhandle property in the early 1960s while quail hunting. In 1971 he acquired his initial tract, a 2,940-acre parcel along the Canadian River. Since then the Mesa Vista has grown to more than 68,000 acres with 24 miles of frontage along the Canadian. (Follow the river 300 miles downstream and one arrives at Pickens’ hometown of Holdenville, Oklahoma.) Pickens has spent millions improving the ranch, putting in more than 50 miles of water lines and planting more than 10,000 mature sycamores, cottonwoods, pines, pears, and lilacs. To accommodate his Gulfstream 550, he installed a 6,000-foot concrete runway complete with adjacent hangar. The Mesa Vista’s two magnificent residences redefine the term “home on the range.” Pickens long believed that the Mesa Vista’s most important resource was its wildlife: Pronghorn antelope, white-tailed and mule deer, turkey, pheasant, and blue and bobwhite quail. In the eastern reaches of the Texas Panhandle, the demand for outstanding recreational properties is far greater than cattle ranches. Thanks to the rugged terrain, irrigated farming is rarely an option. There was the one critical aspect to the Mesa Vista that the lifelong oil man couldn’t get over. “It’s the only place I’ve ever been where I couldn’t drill a dry hole,” he says. Beneath his 100-section ranch, the same Ogallala Aquifer that waters huge commercial farming operations farther west can be found. Only no one was using it. Pickens describes this water as “stranded and surplus.” He became so intrigued by the possibilities that he formed Mesa Water to market his holdings and those of other Panhandle landowners. According to the Pickens Plan website, he is now the largest private holder of permitted groundwater rights in the country. Although his water project has become a $3 billion deal, to Pickens its true importance is that it led him to the Big Kahuna. “Wind is a $10 billion deal. It’s easier than water. It’s bigger than water. Best of all, it complements water,” he writes in The First Billion. His willingness to embrace the possibilities of wind power as a hugely profitable renewable energy offers telling insight into the mindset of the legendary entrepreneur who turned Wall Street on its ear in the 1980s when he began drilling for oil on the floor of the New York Stock Exchange. In his New York Times column, Pulitzer Prize winner Thomas Friedman recently described Pickens as “the green billionaire Texas oilman now obsessed with wind power.” Pickens lives up to that billing when he extols wind as practical. With or without production tax credits, it’s profitable. Unlike oil and gas, it has no decline curve. There’s also a huge patriotic component, which Pickens makes clear when he seizes on the fact that America is enriching its enemies by spending four times the cost of the Iraqi war to buy imported oil. “We are the Saudi Arabia of wind. Look at this here,” he says. It’s the day after his Topeka town hall meeting, and Pickens is pointing to a map of the United States. Although he’s back in Dallas at the corporate headquarters of his investment firm, BP Capital, he’s still pitching the Pickens Plan. This time it’s to America’s largest landowner. Ted Turner is one of many individuals that Pickens has stress-tested his plan with, including Warren Buffett, New York City Mayor Michael Bloomberg, GE’s Jeff Immelt, Carl Pope of the Sierra Club, Presidents Bush and Clinton, Speaker of the House Nancy Pelosi, Senate Majority Leader Harry Reid, and former Vice President Al Gore. But as the owner of 15 ranches in seven states and approximately 2 million acres of land, he is uniquely capable of profiting from the Pickens Plan. “Boone,” Turner says, shaking his head in disbelief. “You are the map king. I’ve never seen so many maps in my life.” The two are standing in the main conference room at BP Capital. Hydrographic tables, global wind diagrams, solar radiation charts, elevation data, topographic maps, ranch surveys–every inch of wall space is plastered with different schematics. “That’s where my 500,000 acres is, right around there in the reddest part,” Turner says. He’s pointing to a section of a solar map that details western New Mexico, site of his Armendaris and Ladder ranches. “We could take 100,000 acres of it and cover them with solar panels, and I wouldn’t even know it because I hunt on the other 400,000 acres. I’ve already got it; it’s ready to go,” he says. A buffet lunch follows. In addition to Pickens and Turner, seated at the table are two members of the BP Capital team: Bobby Stillwell, Pickens’ longtime lawyer, as well as Chris Busbee, who specializes in renewable energies. It’s not the first time Pickens and Stillwell have met with Turner. In the mid 1980s, both MESA and Turner Broadcasting were considering a run at RCA. Several meetings took place. Nothing much came of the endeavor, a point they all laugh off. In presenting his plan, Pickens recites many of the same reasons he mentioned at the town hall meeting the day before. With Turner, however, he adds an extra consideration, one of great personal significance. “Revitalizing rural America is very, very important,” he says. “I came from a small town in Oklahoma. I’ve seen everything just go downhill, downhill, downhill, year after year after year. And I’m convinced that half the kids that come from small towns don’t ever adjust to the big city. They really would like to go back home, but they have no opportunity. There are no careers for them,” he says. Pickens singles out the economic impact of wind energy on Sweetwater, the county seat of Nolan County, Texas. A ranching and farming community, Sweetwater’s population peaked in the 1950s before beginning a precipitous decline. High school graduating classes, which once numbered as many as 200, fell to a low of 90. Beginning in 2000, however, wind farms capable of producing more than 3,000 megawatts of electricity have been constructed by Florida Power & Light, Babcock & Brown, and AES Wind Generation. The economic impact has been astonishing. This year alone more than 1,100 jobs with a payroll of $45 million were directly related to wind energy. School district property taxes paid by wind energy projects exceeded $12 million, and from 2004 through 2010 a total of $24 million will go into new school construction. Pickens’ own wind project will be substantially larger than Sweetwater’s, and the revitalization of Pampa has already begun. Pickens sees this economic upturn extending the length of Wind Belt from Sweetwater through Pampa and north to Goodland, Kansas, Hastings, Nebraska, and beyond. Pickens singles out another big winner: landowners. According to a study prepared for the West Texas Wind Energy Consortium, royalties paid to landowners in the Sweetwater/Nolan County region will total more than $12 million in 2008. Turner jumps on the figure and begins to quiz Pickens and Busbee on the number of turbines per section, the amount of electricity generated, its market value, and the royalty structure. Natural gas, timber, livestock, ecotourism – his 2 million acres enjoy numerous revenue streams, but none with the potential of renewable energy. “I love your attitude. By God, it’s my chance to be Boone Pickens’ partner after 30 years of hiatus,” Turner says, before adding, “There has never been such a win-win situation. And we’d have cleaner air, we’d also combat global warming. There’s no downside to this. There is not any downside for America to do this. Right, Boone? “That’s right,” Pickens says. By the end of lunch, Pickens has added one more name to the growing list of supporters of the Pickens Plan. As the two get ready to leave BP Capital and fly out to the Mesa Vista Ranch, Pickens points out that some people take umbrage at the thought of putting up 40-story turbines the length of the Great Plains. Turner disagrees: “I think they look great, and I’m not talking about money. I think they look great because they look clean, and they make my country free.” Since this story was published, Boone Pickens has subsequently met with both of the presidential candidates, Senators John McCain and Barack Obama, and attended the Democratic and the Republican National Conventions, where he spoke with numerous state caucuses.]]> 291 0 0 0 https://landreport.com/2008/10/a-new-low-for-land-prices-in-california/ Fri, 03 Oct 2008 07:00:01 +0000 https://www.landreport.com/?p=296 Developer Sells Land Dirt Cheap to Reap Tax Benefits” in the Marketplace section of today’s Journal. Fort Worth-based D.R. Horton, the nation’s largest home builder by unit volume, is selling off thousands of lots in outlying markets while holding on to land with development potential closer to major metropolitan areas. The parcels closer in are located in markets that are expected to rebound more quickly. The sales figures cited in the article indicate that Horton sold 2,000 lots in Southern California for $7.8 million, a 90+ percent markdown from the estimated $110 million purchase price. In a separate transaction, Horton also sold a 4-acre parcel near San Diego for $4.4 million, a 75 percent markdown from the 2005 purchase price. Also worth noting in the article is the figure on new-home sales, which are now at a 17-year low.]]> 296 0 0 0 https://landreport.com/2008/10/sold-oregons-42500-acre-ochoco-ranch/ Mon, 06 Oct 2008 07:00:19 +0000 https://www.landreport.com/?p=297 The heavily timbered Ochoco Ranch, located in Central Oregon just 30 minutes from the red hot market in and around Bend, sold last week to a buyer from Texas who first saw the property at the website of the listing broker, Mason & Morse. Originally listed in 2007 for $48.5 million ($1,143 per acre), the price was subsequently lowered to $42.5 million ($1,000 per acre). "We listed the Ochoco in April 2007, so it took about 18 months for it to sell," said Robb Van Pelt, Managing Broker for Mason & Morse Ranch Company. "Properties of this caliber are few and far between, so 18 [months] to two years is the norm. Sell it too quickly, and you know you underpriced it." Located in Crook County, Ochoco Ranch features 35 miles of spring fed creeks and 65 mapped springs. It sits adjacent to the Ochoco National Forest and the Lookout Mountain Roadless Management Area along its eastern border and abuts private ranches on the other sides. In addition to the deeded acreage, Ochoco Ranch controls the cutting rights on an adjoining 3,111 of private land under a timber for grass trade use agreement. According to the Mason & Morse website, the property included 42,428 acres of timbered high country in one contiguous block. Distinctive elements include: no public access; a high percentage of forested lands; smooth, gently rolling terrain with deep soils allowing the ranch to be very usable and productive; very secure, easily controlled and inexpensive to operate. Among the possible uses for the property were: 1) A private and secure retreat for family/business recreation purposes, possibly incorporating a conservation strategy for tax savings benefit. 2) A buy-and-hold strategy allowing the value of the land and timber to continue growing. 3) Splitting the property into 4 to 10 smaller ranch properties for resale. 4) Developing a small area into a clustered development with “common access” to keep the remainder a large, open, natural property protected by a conservation easement. 5) A resort overlay designation for a world class destination involving mountain recreation.]]> 297 0 0 0 https://landreport.com/2008/10/sold-osborne-cattle-company-in-the-nebraska-sandhills/ Mon, 13 Oct 2008 07:00:43 +0000 https://www.landreport.com/?p=300 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 the market for approximately 10 months with the price reduced to $11.5 million ($562 per acre). The brokerage would not confirm final sales numbers, but according to Tom Metzger at Hall & Hall, the cow/calf operation was sold to an in-state cattle operator. "Good Sandhills ranches are always in demand," Metzger said.]]> 300 0 0 0 https://landreport.com/2008/10/not-your-typical-water-hazard/ Thu, 09 Oct 2008 07:00:12 +0000 https://www.landreport.com/?p=301 Wall Street Journal pointed out in this article titled "Housing Pain Gauge: Nearly 1 in 6 Owners 'Under Water.'" I saw the story bright and early when I scanned the print version of the Journal. Not surprisingly, it singled out the usual suspects: Las Vegas, Los Angeles, Phoenix, and Miami. In the bloodbath since the housing bubble burst, home prices in those markets have fallen as much as 31 percent. Forget 0 percent down. Even with traditional financing of 20 percent down numbers like these take a toll. Then I came across another angle on this dire example of home economics courtesy of Brian Sullivan's blog. The Fox Business anchor, whose show I visited in October, tied the homeowners' plight to the $300 billion bailout that Senator McCain proposed during Tuesday night's debate. Last but not least, I noticed the story on the Journal's website yet again this morning. The article has been and is the newspaper's most popular read. For that matter it is also the most emailed story as well. With an estimated 12 million homeowners owing more than their home is worth, it should be clear to all of us that we are far from out of the woods in this crisis. P.S. Someone kindly inform the Journal's talented writers that American homeowners don't owe a dime on their mortgages. To say so is to misuse a common business term. Anyone who has financed a house knows that a mortgage is not a loan. It is the legal instrument a homeowner uses to pledge his/her/their property as collateral for a loan. Homeowners give mortgages. Lenders write loans. Or at least they used to.]]> 301 0 0 0 16317 0 0 16318 http://ericokeefe.com 0 2 https://landreport.com/2008/10/field-report-timberland/ Tue, 14 Oct 2008 07:00:20 +0000 https://www.landreport.com/?p=305 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. “Good quality timberland is selling all day long,” says Mike Patten of Patten Properties. Patten has been buying and selling land and timber since the 1970s and knows the territory. According to him, individual buyers ebb and flow according to market conditions, but investors of all stripes — institutional, public, and private — continue to look for deals on timberland. “There’s strong competition for the tracts ranging from 10,000 to 50,000 acres among the TIMOs (timber investment management organizations), REITs (real estate investment trusts), investors–everyone is all over it. Any large tract gets snapped up real quickly if it’s not cut over. But it has to be realistically priced. There’s going to be some distressed properties or bargains. There are some super buys out there from time to time. But timberland hasn’t been affected by falling prices in other sectors. It’s a great long-term investment no matter what’s happening,” Patten says. Eroding confidence in other types of real estate is another factor driving the increased wave of investment in timberland. So says Jonathan Burt at LandVest. “There’s an awful lot of money chasing more traditional timberland deals,” Burt says. “They’re shying away from retail and strategies where they sell to Baby Boomers. With all of the perceived risks in real estate, there are still a number of bright spots for land investors to pursue.” According to Burt, these places include undiscovered and/or emerging markets, places like northern Alabama and eastern Oklahoma. “Right now the real play is timberland. Things that are attractive now are things that can generate cash. Buyers realize that liquidity is something that can come and go. Two years ago they could buy property with the expectation there would be a motivated buyer not too far down the road. Now you have to look at holding things longer, so they want the income opportunity. That’s why timberland is getting sexy again,” Burt says. Corrections & Amplifications: An earlier version of this article incorrectly stated that Jonathan Burt was a forester and project manager for the Institutional Timberland Group. Mr. Burt is a forester and project manager for LandVest. The Institutional Timberland Group is a division of LandVest. The above article has been corrected.]]> 305 0 0 0 https://landreport.com/2008/10/joe-nixes-130-million-sale/ Tue, 14 Oct 2008 07:00:42 +0000 https://www.landreport.com/?p=307 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 the sale of 67,365 acres of non-strategic rural conservation land in Liberty, Jefferson, Gulf, and Franklin Counties has been terminated.  The sale was to have closed in two transactions for a total price of $130.4 million, the first transaction in the fourth quarter of this year and the other in the second quarter of 2009. "We are now able to return these parcels to the market," said JOE's president and CEO Britt Greene.  "While this particular buyer had sought large contiguous conservation acreage, we are now able to offer this acreage in smaller parcels to other interested buyers. With no near-term need for the proceeds, we plan to continue our orderly disposition of these non-strategic assets." "We are continuing to execute our strategic plan, while keeping JOE lean and efficient to better withstand these difficult market conditions," said Greene. "With our strong balance sheet and cash position, we are prepared to withstand this prolonged downturn and will continue to prudently manage our inventory and assets to preserve long-term shareholder value."]]> 307 0 0 0 https://landreport.com/2008/10/68000-acre-onyx-ranch-in-california-sells-for-48-million/ Thu, 16 Oct 2008 07:00:08 +0000 https://www.landreport.com/?p=309 The Wall Street Journal reports on a huge transaction in California: the 68,000-acre Onyx Ranch in the Sierra Nevada Mountains just outside of Bakersfield sold for $48 million ($705 per acre) to a joint partnership of the CIM Group, a leading urban development group, and Los Angeles-based Renewable Resources Group. Given present credit markets, the acquisition was funded by equity. News of the closing was first reported last week by the Bakersfield Californian. Cole Frates, a partner in Renewable Resources Group, told the Californian that the ranch, located in Kern County, could eventually become a wind farm capable of producing between 300 and 500 MW. The ranch had been owned by Rudnick family members. Their Rudnick Estates Trust was represented by Steptoe & Johnson LLP. More: LA Company close to buying part of Onyx Ranch LA energy firm closes purchase of Onyx Ranch Renewable Resource Group CIM Group]]> 309 0 0 0 https://landreport.com/2008/10/cat-makes-it-300-in-a-row/ Tue, 21 Oct 2008 07:00:25 +0000 https://www.landreport.com/?p=315 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 for the 300th consecutive quarter. Keep in mind that 300 quarters = 75 years in a row. Here is the announcement from the corporate website:

  PEORIA, IL - The Board of Directors of Caterpillar Inc. (NYSE: CAT) today declared a quarterly cash dividend of forty-two ($0.42) cents per share of common stock, payable November 20, 2008, to stockholders of record at the close of business October 20, 2008. With this announcement, Caterpillar has completed its 75th year–300 consecutive quarters–of paying dividends to stockholders. "Since paying that first dividend three-quarters of a century ago in the midst of the great depression, Caterpillar has faced many challenging economic circumstances including those facing the global economy today," said Caterpillar Chairman and Chief Executive Officer Jim Owens. "Based on Caterpillar's long-standing and conservative management philosophy, the company weathered those turbulent economic and financial conditions making dividend payments to our stockholders every quarter starting in 1933. Moving forward, Caterpillar is better positioned than ever before to build on this track record as we continue deploying our global business model to create value for our customers while rewarding our stockholders," Owens added. The $0.42 dividend maintains the dividend rate from the previous quarter and is 17 percent higher than the dividend paid one year ago. Including the announcement today, Caterpillar's cash dividend has nearly tripled since 1998. About Caterpillar: For more than 80 years, Caterpillar Inc. has been making progress possible and driving positive and sustainable change on every continent. With 2007 sales and revenues of $44.958 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. The company also is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar Logistics Services and Progress Rail Services. More information is available at: http://www.cat.com/.

  ]]> 315 0 0 0 https://landreport.com/2008/10/the-great-plague-returns/ Fri, 24 Oct 2008 07:00:05 +0000 https://www.landreport.com/?p=328 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 thousands more on millions of acres of land. It's a blight with all sorts of scientific names that landowners simply refer to as "beetle kill." One thing is for sure: beetle kill is devastating. Already it has cost landowners and the government millions (if not billions). Where is it? More and more places. In the Northeast, an alert Donna Massie noticed an odd looking insect on the trees in her backyard in Worcester. After doing her version of CSI Massachusetts and IDing the critter, she contacted local forestry officials. That particular version of beetle kill is being transmitted in the greater New England area by Asian longhorned beetles that arrived in Brooklyn in 1996, most likely in a packing crate from China. As you probably already have guessed, they have no known predator in the U.S. and no plans to return to China. Eradication efforts costing $250+ million have been implemented so far, and officials are doing their utmost to aid landowners in a multi state area, according to this AP report. In the Rocky Mountains of Central Colorado, I've seen this catastrophe firsthand in Summit County's Gore Range. According to this report in the Denver Post, almost all of the Centennial State's mature lodgepole forest has been decimated, a total of more than 1.5 million acres. And 33 percent of these losses — 500,000 acres of infestation — took place this very year. Is there a way out? Yes. Unfortunately, it comes with a steep price tag. The only hope to end this scourge is that this winter, temperatures in these areas drop to about -40. That's the sort of brutal cold required to kill these critters off.]]> 328 0 0 0 https://landreport.com/2008/10/americas-largest-landowner-bucks-down-market/ Tue, 28 Oct 2008 07:00:57 +0000 https://www.landreport.com/?p=339 339 0 0 0 https://landreport.com/2008/10/marabou/ Fri, 31 Oct 2008 07:00:20 +0000 https://www.landreport.com/?p=342 It always amazes me when someone takes the time to go above and beyond the call of duty to improve an already one-of-a-kind piece of property. The idea is to take some great place and make it even more over the top. That is definitely the case at Marabou, a Colorado ranch preservation community just outside Steamboat Springs that was recently honored at the Pacific Coast Builders Conference. The challenge for Jeff Temple and his investors was to take a spectacular 1,717-acre parcel along the Elk River, preserve it, enhance it, and do all of the above while making a profit. No small task. "We are constantly sharpening the saw, trying to make the service better, and the overall experience better," says Temple. Many know Jeff from his pioneering success with his brother Jamie at Storm Mountain Ranch. There they used fewer than 40 acres to create 14 homesites on a 1,063-acre parcel just outside Steamboat. The remainder was set aside in conservation easements for wildlife and agriculture. Now Temple is perfecting his craft down the road. "This weekend we’re going to go on a world-class elk hunt with owners and a prospect. That wasn’t on the program before, but it is now. We are surrounded by one of the largest elk populations in North America, and some of owners really have dreamed all their lives about being able to get a big elk. It’s a lot different than the catch-and-release of the Elk River, and hunting is certainly part of the Western ranch experience." Temple and his buyers don't hunt at Marabou. They take advantage of the tens of thousands of acres of public lands that surround the Yampa Valley. But it's back at the ranch that he's made his mark. Marabou's recreational facilities comprise 12 amenity buildings: the River House Lodge, Casting Room Theater, Horse Barn, Equestrian Center, Downstream Spa, Outfitter’s Cabin, River’s Edge Fitness Center; River’s Edge Pool, and four Owners’ Cabins. For the amenity building project, TCD of Steamboat Springs was the builder; Denver-based 4240 Architecture was the architect; Braun Associates in nearby Edwards was the land planner; and Elk River Partners of Steamboat Springs was the developer. It was this combination of talents that was singled out in San Francisco at the Pacific Coast Builders Conference where Marabou was awarded a Gold Nugget Award for the Best Public/Private Recreational Use Project. “Our major challenge was to harmoniously combine themes of ranching, sustainability, and luxury,” says Temple. The dozen buildings are all powered by wind energy. “We wanted the amenity buildings to be well-appointed, spacious, and welcoming gathering places for residents, but we also wanted to minimize our impact on the land and wildlife.” The results have been telling. Sales of homesteads, which start at $2.9 million, have been brisk even given the present economy. "So far in 2008, we’ve sold four homesteads and expect to sell a handful more between now and Christmas. This year, 2008, has been slightly slower but not much. We feel really fortunate. We’ve recently had a flurry of interest despite the economic news. I think it’s because the project is one-of-a-kind. It’s really special and unlikely to happen again, at least not in some people’s lifetime," says Temple.]]> 342 0 0 0 https://landreport.com/2008/11/joe-reports-3q-loss/ Thu, 06 Nov 2008 13:00:02 +0000 https://www.landreport.com/?p=359 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. Now for the good news. In a day and age when a line of credit is a historical concept similar to the gold standard, JOE entered into a new $100 million revolving credit facility with Branch Banking and Trust Company. JOE has not drawn on this facility, which matures in September 2011. "Given the current state of the capital markets, we are pleased that we were able to close this three-year borrowing facility," said William McCalmont, JOE's chief financial officer. "We have a solid balance sheet, virtually no debt, and no current plans to draw on this new facility."]]> 359 0 0 0 https://landreport.com/2008/11/behind-the-woodshed-jeff-hawn/ Wed, 26 Nov 2008 07:00:07 +0000 https://www.landreport.com/?p=360 The Land Report prides itself on singling out landowners who make a difference, inspire others, and establish a legacy. This will not be one of those instances. The name Jeff Hawn will never be included under the category Good Neighbor. Instead, it has already been listed in Colorado under a much different heading: felon. Hawn is the chairman, president, and CEO of Attachmate, a Seattle-based company that specializes in IT. His impressive resume includes stints at McKinsey & Company and BMC, among others, and given his career one would think he would be a lucid decision maker. His neighbors in Park County, Colorado, the Downares, know better. On March 19, he committed a crime that Judge Stephen Groome labeled "one of the most controversial cases this county has seen in a long time." Hawn invited hunters to join him in a killing spree that left 32 stray bison that belonged to a longtime local ranching family dead and dying. Is it any wonder prosecutor Katherine O'Brien described the response as a "great community outcry." Here's the description from the Rocky Mountain News:

  Hard, high snowdrifts and a broken fence allowed bison owned by the Downares to stray onto Hawn's property during a three-month period. He had bought the property in the fall of 2007 to build his dream vacation home, O'Brien said. When he was unable to keep the animals off his land, the frustrated Texan arranged to have some local men "take care" of the bison. When corralling them didn't work, Hawn ordered the men to get rid of them any way they could. The men, who were not charged, let it be known in the area that they might soon have fresh bison meat to give to a church run by a local Indian tribe. On the day of the killings, March 19, members of the Downare family actually ran into the group of "gleeful hunters," who asked them if they were part of the bison-hunting party, O'Brien said. Hawn was among the men who shot the bison, O'Brien said.

  In a plea agreement, the high-tech CEO pleaded guilty to one felony count of criminal mischief and guilty to one count of cruelty to animals, a misdemeanor. Upon sentencing in January, he faces a two-year deferred judgment on the felony count and up to 10 days in the Park County jail on the misdemeanor charge. The plea agreement also calls for 96 hours of public service. Hawn also agreed to pay the Downare family nearly $84,000 for the loss of their bison, $4,000 to Park County in investigatory costs, and a total of $70,000 to seven Colorado animal protection organizations. Be sure to scan the readers' comments at the end of the article in the News.]]> 360 0 0 0 https://landreport.com/2008/11/top-ethanol-producer-files-for-bankruptcy/ Fri, 07 Nov 2008 07:00:23 +0000 https://www.landreport.com/?p=363 VeraSun went public in 2006 just as interest in alternative energies was peaking. But as these stories in The New York Times and The Wall Street Journal indicate, since then it's been all downhill for the South Dakota-based company, which was trading at 48 cents a share, well of its 52-week-high of $17.75. Who says Wall Street is the only place where people are making bad bets?]]> 363 0 0 0 https://landreport.com/2008/11/amendment-4-approved-by-florida-voters/ Mon, 10 Nov 2008 07:00:47 +0000 https://www.landreport.com/?p=364 As we reported last week, the amendment will provide tax incentives to private landowners who manage their land for conservation purposes, eliminates property taxes on lands placed in a perpetual conservation easement, and give landowners financial incentives to prevent lands with wildlife habitat from being developed. The tax exemption will apply to property taxes beginning in 2010. According to the Environment News Service,  a diverse coalition of more than 80 business groups, not-for-profits, and environmental groups supported the proposition, including the Florida Chamber of Commerce, Allied Sportsmen's Association of Florida, Bream Fishermen Association and nationally renowned naturalist Jim Fowler, a host of the popular television program Mutual of Omaha's Wild Kingdom. “It’s nice to see the good guys win one for a change.’ said Eric Draper, Audubon of Florida deputy director and one of the original architects of the amendment. “And in this case, the good guys are every conservation-minded Floridian who would rather see their land used to for habitat and open spaces instead of condos and shopping centers. “The people of Florida’s support for Amendment 4 proves just how important conservation is to Floridians, and with their help, we look forward to restoring our state’s great natural abundance.” said Draper.]]> 364 0 0 0 https://landreport.com/2008/11/yellowstone-club-files-for-bankruptcy/ Tue, 11 Nov 2008 07:00:29 +0000 https://www.landreport.com/?p=368 It wasn't too long ago that the Yellowstone Club was making headlines of a different sort. Just last year it announced the construction of the world's most expensive residence, a $155-million monstrosity whose 53,000-square-foot mansion sat on 160 acres and featured a private ski lift. Its extravagance, A-list clientele, and gorgeous setting made the club a media darling. Its website features links to articles in the Robb Report, Conde Nast Traveller, and The New York Times Magazine. But a string of bad news has plagued the club's founders, Tim and Edra Blixseth, who rank No. 33 on The Land Report 100 with estimated landholdings of 213,895 acres, including 180,000 acres of former Boise Cascade timberland in Idaho. In August the club paid $39.5 million to settle a lawsuit brought by a group of members, including Tour de France winner Greg LeMond, who alleged that the Blixseths had tried to buy out their stake in the club for less than its true value. The Blixseths themselves have recently divorced. And, on Monday, the club announced that it had been unable to secure financing arrangements with its creditors and bondholders. It plans to reorganize its finances and emerge from bankruptcy "as soon as possible," the statement said. According to the Associated Press, the move comes two months after the club announced an ambitious expansion plan in conjunction with Arizona-based Discovery Land Co.]]> 368 0 0 0 https://landreport.com/2008/11/florida-renegotiates-largest-us-land-purchase-of-2008/ Wed, 12 Nov 2008 07:00:52 +0000 https://www.landreport.com/?p=369 On June 24, the state of Florida announced its plan to purchase an enormous tract around Lake Okeechobee in a landmark transaction that was reported HERE. The subsequent economic upheaval led to a substantial overhaul of the deal, one that saw the total number of acres decline by roughly 3 percent while 25 percent was pared off the total purchase price, lowering it to $1.34 billion. "The financial and real estate world has changed since the transaction was announced on June 24," leading to the change in terms, US Sugar said in a statement that was reported by the Associated Press. Supporters of Everglades restoration hailed the new deal, which Gov. Charlie Crist is scheduled to announce later this morning at the Miami home of Marjory Stoneman Douglas, a renowned Florida environmentalist and the author of The Everglades: River of Grass.]]> 369 0 0 0 https://landreport.com/2008/11/tiger-woods-debuts-his-first-golf-course/ Thu, 13 Nov 2008 07:00:42 +0000 https://www.landreport.com/?p=370 When it comes to golf course design, the Big Three has now become the Big Four. Developers looking to entice buyers with courses designed by Jack Nicklaus, Tom Fazio, and Robert Trent Jones can now add Tiger Woods to the list of potential designers. Woods debuted his plans for his first U.S. design over the weekend in North Carolina. According to the Asheville Citizen-Times, the course will be part of the new High Carolina from Cliffs Communities in Fairview and is scheduled to open in 2011. Approximately 1,000 to 1,200 homes are planned for High Carolina. Lots will range in price from $500,000 to $2 million. The arrival of Woods gives developers an extremely marketable name to entice high-end buyers in the competitive world of resort development. While upper tier markets haven't slowed as much as the rest of the country, Monday's bankruptcy petition by the owners of the Yellowstone Club and a similar filing earlier this year by Utah's Promontory Club show that no sector of the real estate market is immune from downturns and slow downs. Throughout his professional career, Tiger Woods has chased Jack Nicklaus's matchless record of 18 majors. As elusive as that has proven, catching up with the Golden Bear's record as a golf course designer may be even more of a challenge. To date, Nicklaus Design has 337 courses open for play in 33 countries and 39 states. Nicklaus himself has been involved in the design of 269 courses. By comparison, Woods has only three designs in the works: one in Dubai, a second in Mexico, and High Carolina, his first U.S. design.]]> 370 0 0 0 16323 0 0 https://landreport.com/2008/11/texas-farm-forecast/ Fri, 14 Nov 2008 07:00:13 +0000 https://www.landreport.com/?p=372 Ag economists at Texas A&M are predicting that the red-hot Texas land market will lose its sizzle next year. Since 2003, land prices have increased an average of 14.5 percent annually, and with the median price statewide approximately $2,300 per acre, that means the average price would jump to $4,600 per acre by 2013. According to the Aggies, that's not going to happen. Here's why: 1) FALLING COMMODITY PRICES. Higher oil costs pushed grain prices to record levels this year. But as oil dropped, so did the support for ethanol, and less demand for ethanol means lower corn prices, which will cool the demand for cropland. 2) STRONGER DOLLAR. As the American dollar continues to grow stronger, American foodstuffs become more expensive overseas. End result? Less demand. 3) TIGHTER CREDIT. Any explanation needed? See your banker to discuss. 4) THE BURGEONING FEDERAL DEBT. Since about one-third of the federal debt is held by foreign investors, the global slowdown means the U.S. Treasury will have to pay higher rates to attract and hold these funds. As the Treasury increases its rates, U.S. borrowers will feel the pinch.]]> 372 0 0 0 https://landreport.com/2008/11/sold50-million-of-recreational-land-at-midwest-auction/ Mon, 17 Nov 2008 07:00:52 +0000 https://www.landreport.com/?p=376 These days investing in the stock market is not for the faint of heart, and in markets from coast to coast thousands of developer-owned condos now sit vacant. But when it comes to land, there's no shortage of motivated buyers. That's the takeaway from a three-day auction of hunting and recreational tracts that grossed more than $50 million earlier this month. "The first two days were standing room only. Small buyers emerged as winners," said R.D. Schrader of auctioneer Woltz & Schrader, who added, "the prices met and exceeded our expectations." In the first day's auction, which took place in French Lick, Indiana, 9,426 acres sold for $15.78 million ($1,674 per acre) to 72 different buyers. The second day's auction took place in Brandenberg, Kentucky. A total of 5,994 acres sold for $10.243 million ($1,708 per acre) to 15 buyers. A superior hunting tract in Union and Crittenden counties in Western Kentucky was the sole lot on day three. The 11,776-acre Sturgis property sold to a North Carolina TIMO for $24.583 million ($2,087 per acre). The auction featured undeveloped land holdings and timberland in Indiana and Kentucky belonging to Kimball International (NASDAQ: KBALB), a furniture and electronics manufacturer. Kimball began acquiring properties in 1963 as a strategic reserve of its primary raw material: wood. Earlier this year the company's board of directors recognized the assets as non-essential, and hired Woltz & Schrader to administer the sale. "We had strong turnouts of more than 200 bidders every day with a few bidders seeking large combinations of acreage and a lot of smaller bidders interested in smaller amounts of land for hunting or personal use," said company president Rex Schrader.]]> 376 0 0 0 https://landreport.com/2008/11/chesapeake-gets-3-billion-injection-for-marcellus-shale/ Mon, 24 Nov 2008 07:00:19 +0000 https://www.landreport.com/?p=377 A huge buying opportunity, which is exactly what Norway's StatoilHydro did when they paid Oklahoma City-based Chesapeake Energy (NYSE:CHK) $1.25 billion in cash for a 32.5 percent interest in its assets in the Marcellus Shale, the natural-gas field that extends from western New York south and west across Pennsylvania to West Virginia. Statoil also committed to spend an additional $2.13 billion to offset Chesapeake's drilling expenses. Here's the full release from Chesapeake's website announcing the deal on November 11:

  Chesapeake Energy Corporation Announces Marcellus Shale Joint Venture and International Unconventional Natural Gas Exploration Alliance with StatoilHydro OKLAHOMA CITY--(BUSINESS WIRE)--Nov. 11, 2008--Chesapeake Energy Corporation (NYSE:CHK) today announced the execution of an agreement for a joint venture with StatoilHydro (NYSE:STO, OSE:STL) whereby StatoilHydro will acquire a 32.5% interest in Chesapeake's Marcellus Shale assets in Appalachia for $3.375 billion, leaving Chesapeake with a 67.5% working interest. The assets include approximately 1.8 million net acres of leasehold, of which StatoilHydro will own approximately 0.6 million net acres and Chesapeake will own approximately 1.2 million net acres. StatoilHydro will pay $1.25 billion in cash at closing and will pay a further $2.125 billion from 2009 to 2012 by funding 75% of Chesapeake's 67.5% share of drilling and completion expenditures until the $2.125 billion obligation has been funded. Chesapeake plans to continue acquiring leasehold in the Marcellus Shale play and StatoilHydro will have the right to a 32.5% participation in any such additional leasehold. Additionally, Chesapeake and StatoilHydro have agreed to enter into an international strategic alliance to jointly explore unconventional natural gas opportunities worldwide. Closing of the transaction and strategic alliance is anticipated to occur by year-end 2008. Helge Lund, President and CEO of StatoilHydro, stated, "I am pleased that we today have made a strategically important move by joining forces with Chesapeake, which is the leading U.S. natural gas player. We are establishing a strong platform for further developing our gas value chain business and growing our position in unconventional gas worldwide. The agreement we have entered into with Chesapeake provides us with a solid position in an attractive long-term resource base under competitive terms. Additionally, this deal adds a major building block to the gas value chain position we have established in the U.S., the world's largest and most liquid gas market. This is a significant step in strengthening our U.S. gas position, building on our existing capacity rights for the Cove Point LNG terminal, our gas trading and marketing organization and the gas producing assets in the Gulf of Mexico." Aubrey K. McClendon, Chesapeake's Chief Executive Officer, commented, "We are honored to establish a business relationship with StatoilHydro and are excited about the mutually beneficial nature of our transaction with them. We believe this transaction creates substantial value for both companies and unique opportunities for international growth with one of the leading international oil and gas companies. Jointly we can export our world class unconventional natural gas technology for further long-term growth. "Chesapeake has now completed three shale joint ventures that collectively value Chesapeake's Haynesville, Fayetteville and Marcellus Shale assets (before the joint ventures) at approximately $34 billion. Through these transactions, Chesapeake sold a 20% working interest in its Haynesville Shale assets to Plains Exploration & Production Company (NYSE:PXP) for $3.3 billion (thereby retaining an 80% working interest valued at $13.2 billion), a 25% working interest in its Fayetteville Shale assets to BP America (NYSE:BP) for $1.9 billion (thereby retaining a 75% working interest valued at $5.7 billion) and now has agreed to sell a 32.5% working interest in its Marcellus Shale assets to StatoilHydro for $3.375 billion (thereby retaining a 67.5% working interest valued at $7.0 billion). The total consideration to CHK from these sales has been approximately $8.575 billion, of which approximately $4.0 billion has been (or will be) in cash and approximately $4.575 billion is in drilling and completion cost carries. Furthermore, CHK retains the remaining ownership percentages of the joint ventures that have been valued at approximately $26 billion, or over $40 per share of value from just these three shale joint venture transactions. These joint ventures clearly demonstrate the enormous value of Chesapeake's shale natural gas assets and the unique capability of our organization to develop them." Chesapeake was advised on the transaction by Jefferies Randall & Dewey of Houston, Texas. Chesapeake Energy Corporation is the largest producer of natural gas in the U.S. Headquartered in Oklahoma City, the company's operations are focused on exploratory and developmental drilling and corporate and property acquisitions in the Fort Worth Barnett Shale, Fayetteville Shale, Haynesville Shale, Mid-Continent, Appalachian Basin, Permian Basin, Delaware Basin, South Texas, Texas Gulf Coast and Ark-La-Tex regions of the United States. Further information is available at www.chk.com. This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Chesapeake believes that its expectation to close the Marcellus Shale joint venture and international strategic alliance and to execute its development plan as described is based on reasonable assumptions. No assurance, however, can be given that such expectation will prove to have been correct. See "Risk Factors" in the company's 2007 Annual Report on Form 10-K and Quarterly Report on Form 10-Q for the 2008 third quarter and other filings with the Securities and Exchange Commission for a discussion of risk factors that affect its business and could affect the referenced joint venture and strategic alliance. Chesapeake undertakes no obligation to publicly update or revise any forward-looking statements. CONTACT: Chesapeake Energy Corporation Jeffrey L. Mobley, CFA, 405-767-4763 Senior Vice President - Investor Relations and Research jeff.mobley@chk.com or Marc Rowland, 405-879-9232 Executive Vice President and Chief Financial Officer marc.rowland@chk.com SOURCE: Chesapeake Energy Corporation

  ]]> 377 0 0 0 https://landreport.com/2008/11/sold-montanas-15800-acre-bar-diamond-ranch/ Tue, 18 Nov 2008 07:00:44 +0000 https://www.landreport.com/?p=378 There seems to be no sign of an economic fallout in Montana's still strong recreational land market. That's the takeaway from the Billings Gazette, which reports that the 15,800-acre Bar Diamond Ranch has closed. Former H&R Block CEO Richard Brown is the new owner. The ranch had belonged to the families of Vince Carpenter and Jack Dietrich. The two friends bought the Yellowstone County landmark in 1964. Located just north of Billings and within an easy drive of the Billings airport, the Bar Diamond is that ultimate combination: a recreational property with enormous potential upside. The ranch has been utilized mostly for cattle and will continue to do so under the new owner according to the report. Even with a slow down in the market, good properties will still sell. That's a point not lost on the sellers. "We think we were really lucky when we sold it because the market really went flat after April and May," David Dietrick told the Gazette. The exact sale price was not disclosed, but the Bar Diamond went on the market in 2007 with an asking price of $19 million. That's an average per acre price of $1,187. Brown, also a former CEO of Dallas-based EDS, has land holdings on the East Coast as well.]]> 378 0 0 0 https://landreport.com/2008/11/potential-for-massive-wildfires-next-summer/ Fri, 21 Nov 2008 07:00:44 +0000 https://www.landreport.com/?p=383 The great plague that is the pine beetle infestation has now destroyed millions of acres of timber across the Western US and into Canada. The extent of this calamity is so enormous that last month we covered the devastation at this website. This week Jim Robbins at The New York Times picked up the storyline and filed his own excellent report about the disappearing forest. Here are some of his key observations:

  Montana has lost 1 million acres, but it's worse in Wyoming and Colorado. Those two states have lost 1½ million acres with an additional 500,000 expected this year. In the next three to five years, "virtually all of Colorado's lodgepole pine trees ... will be lost, about five million acres," writes Robbins. The hardest hit area? The Canadian province of British Columbia, which has lost 33 million acres of lodgepole pine forest so far. What's behind this epidemic? Fire suppression is one cause. Most trees are the same age and are exactly the right size to be susceptible to the beetles. Sustained drought conditions are another factor. So too are the milder winters. What's next? Unless next summer is unseasonably wet, brace yourself for the sort of wildfires and level of destruction not seen since the great Yellowstone fire of 1988. The Forest Service already has. USFS has installed an incident management team in Laramie, Wyo.

  ]]> 383 0 0 0 https://landreport.com/2008/11/sold-6462-acre-scott-ranch-in-billings/ Tue, 25 Nov 2008 07:00:30 +0000 https://www.landreport.com/?p=385 A lot of noteworthy closings taking place in and around Yellowstone County, Montana. Last week we reported on the sale of the 15,800-acre Bar Diamond Ranch. This time around it's the 6,462-acre Scott Ranch on the Crow Reservation southeast of Billings, which James Stinehagen of the Flying S Cattle Co. purchased for $387 per acre, according to the Billings Gazette. The ranch takes its name from John Scott Jr., a well-known Quarter Horse breeder who sold the property to Jim Leachman a few years ago. Leachman subsequently defaulted on his payments, and the ranch became mired in lawsuits and competing claims that put a dark cloud on the title. But patience paid off for Stinehagen. In 2007, he acquired the second mortgage. In 2008, he bought out Farm Credit Services to become the primary note holder. And, on Nov. 14, he bought the Scott Ranch at a sheriff's sale in the lobby of the Yellowstone County Courthouse. In essence, he took title with a sheriff's deed by foreclosing on the junior creditors. Guess who was one of the many creditors his Flying S Cattle Co. foreclosed on? James Stinehagen.]]> 385 0 0 0 https://landreport.com/2008/11/where-the-wild-things-are/ Sat, 22 Nov 2008 07:00:48 +0000 https://www.landreport.com/?p=387 This Thanksgiving, I encourage you to take a moment to savor "Where the Wild Things Are," a spot-on essay by Andrew Beahrs that goes to the heart of what we are about at The Land Report. Yes, initially it does focus on our patron saint, Mark Twain, he of our favorite quotation, "Buy land. They're not making it any more." But the writer's primary focus and in truth his lament is the enormous range of wild foods and their once-vaunted place on the American table. "Preserving or restoring the wild foods that remain begins with appreciating what they have to offer — extraordinary taste and smell, certainly, but also the joy of experiencing the marshes and mountains and lakes these plants and birds and animals rely upon. We have a great deal to learn from Twain’s instinctive premise: that losing a wild food means losing part of the landscape of our lives." It's my belief that there are many who seek to incorporate those elements into their lives. Like my colleagues at The Land Report, they live in America's cities but think often of its countryside. From day one, that's the impulse that powers this publication and that motivates us. Most importantly, it's the sentiment that makes Thanksgiving a favorite holiday for so many of us. Enjoy Andrew's essay HERE.]]> 387 0 0 0 https://landreport.com/2008/11/tom-barrack-takes-control-of-neverland/ Fri, 28 Nov 2008 07:00:28 +0000 https://www.landreport.com/?p=388 Jackson's financial difficulties are nothing new. Neither is Barrack's deft maneuvering. The California billionaire made his fortune buying up bad real estate loans from troubled S&Ls. In May, the billionaire implemented the same m.o. when he bailed out Jackson after the entertainer defaulted on a $24.5 million note on Neverland. Prior to purchasing Neverland in 1988, the property was known as the Sycamore Valley Ranch. According to the AP report, the property's new owner is a joint venture between Jackson and an affiliate of Colony Capital LLC, according to a person with knowledge of the transaction who was not authorized to speak on the record and requested anonymity.]]> 388 0 0 0 https://landreport.com/2008/12/more-coverage-yellowstone-club-bankruptcy/ Wed, 03 Dec 2008 07:00:07 +0000 https://www.landreport.com/?p=395 It wasn't two years ago that every media outlet known to man was clamoring over one another to give more column inches to the biggest, gawdiest monstrosity in the West: the Yellowstone Club's record-breaking $155-million home. Though we've banged the drum on many an occasion, I'm pleased to say The Land Report did not jump on that bandwagon. But we readily admit to watching the feeding frenzy as those same news channels cover the demise of the elite enclave, including these two incisive reports. The New York Times has been regularly reporting on the Yellowstone Club, and this weekend it continued its coverage with an article that gives a more regional perspective on the boom-and-bust cycle surrounding the entire enterprise. It's especially worthwhile to notice that the writer picked up on several of the other recent resort bankruptcies, including one we covered: Park City's Promontory Club.]]> 395 0 0 0 https://landreport.com/2008/12/border-fence-spikes-demand-for-appraisers/ Mon, 01 Dec 2008 07:00:43 +0000 https://www.landreport.com/?p=400 670 miles. That's the distance along the U.S.-Mexico border that the Department of Homeland Security wants to cordon off with its 18-foot-high border fence. The sheer size of this massive undertaking and the number of property owners already disputing the government's valuations has led to a severe shortage of qualified appraisers, particularly in the Rio Grande Valley of South Texas. The Justice Department expects about 270 condemnation lawsuits against local landowners with the potential for 80 holdouts that could go to trial next spring. But there's a catch: Uncle Sam has already got the Valley's largest appraisal firm on retainer. That means for many landowners, the only option is an expensive one: an out-of-town appraisal firm, which could cost upwards of $10,000.]]> 400 0 0 0 https://landreport.com/2008/12/colorados-hunt-ranch-back-on-market-for-17-million/ Tue, 02 Dec 2008 07:00:17 +0000 https://www.landreport.com/?p=436 In a surprising turn of events that is the norm in real estate development, the investment group that paid $8 million for an historic cattle ranch downvalley from Aspen was denied crucial development rights by Garfield County. Hunt Ranch LLC had applied to develop 93 homesites on the 561-acre working ranch while preserving a 230-acre pasture. The county's planning and zoning commission recommended approval of the plan, but in a 2-1 vote in October the Garfield County Commissioners denied it. The property has subsequently been listed for $17 million ($30,000 per acre). According to the Glenwood Springs Post Independent, the developer's downfall was a "well-organized campaign" by neighbors. Vail businessman Greg Amsden told the newspaper that the investment group chose not to challenge the decision or submit a new development plan. Hunt Ranch includes 238 acres of irrigated hay and alfalfa as well as spectacular views of Mount Sopris and surrounding ridgelines. The ranch sits 2.4 miles off Highway 82 and approximately 25 minutes from Aspen. The property has a water decree for 93 homes plus 155 acres of crop irrigation. Full studies including topo survey, soils, wildlife, & environmental.]]> 436 0 0 0 https://landreport.com/2008/12/pinon-canyon-one-colossal-land-grab/ Mon, 01 Dec 2008 07:00:50 +0000 https://www.landreport.com/?p=1338 BY TREY GARRISON PHOTOGRAPHY BY GUSTAV SCHMIEGE The Army broke its first promise — the no live-fire ban — in 2004. Given the lay of the land, it was a particularly unwelcome decision. The short-grass prairie that blankets Southern Colorado’s arid savannah takes on a tinderbox quality when rainfall is sparse. Not surprisingly, live artillery fire only exacerbates those conditions. That was certainly the case this summer when lightning ignited grass fires on the maneuver site. They quickly spread to neighboring ranches. The burn eventually engulfed more than 40,000 acres. Two years after the live-fire ban was broken, word got out that the powers that be at Fort Carson wanted to break the Army’s second promise and acquire additional acreage, more specifically, 418,000 additional acres. The land the Army wants is a mosaic of private and federal lands in the Comanche National Grasslands. This time the Army promises there will be no heavy-handed eminent domain proceedings, which makes sense because since 2007 the Department of Defense has been prohibited by Congressional mandate from condemning any private land. But that has not prevented it from seeking “willing sellers.” The problem? Hardly a soul in southeast Colorado believes the Army any more. The plan to buy from willing sellers looks more like a try at a checkerboard land grab. And, if a recently uncovered 2004 Fort Carson proposal is accurate, it looks like the Army wants a hell of a lot more than 418,000 acres; it wants 7 million. Welcome to Pinon Canyon. THE LANDOWNERS’ PERSPECTIVE Mack Louden is one of the leaders in the fight against the Army’s plans to expand the PCMS. It’s cost him a lot — time, money, stress on the home front. But he’s willing to risk everything, because to Louden it’s a fight worth fighting. This summer Louden closed down his feed store, a Trinidad landmark for almost a century. He could run a ranch, a business, or fight the insurgency, but not all three. “When it comes down to it, this is what’s important,” he told me when I stopped in for a visit a few months ago. He spit into a cup to underline his point. His piercing eyes are at odds with his tired, craggy face, just as he himself seems equally cynical and optimistic. “It’s driving my wife crazy how much of my time this has taken, but no matter what it costs me I’d fight it again if I had the chance.” The battleground known as Pinon Canyon is desolate country on the east side of the Continental Divide that resembles the barren environs found in much of Iraq and Afghanistan. Generations of ranchers dating all the way back to Charlie Goodnight have tended their herds here. Opponents of the Army’s plans say the 418,000-acre seizure would devastate the local economy. An estimated $20 million a year in agricultural production would be lost, and so would more than 500 ranches. Lon Robertson is a neighbor of Louden’s. (Neighbor in these parts means he lives only 10 or 20 miles away.) Robertson heads the Pinon Canyon Expansion Opposition Coalition (www.pinoncanyon.com). To him, the proposed expansion is about much more than land. “The impact on this whole region will be monumental. It will be devastating,” he says. The Department of Defense already owns about 25 million acres of which the Army’s share is 15 million acres. The military says it’s not enough for what it needs. Local ranchers disagree. Their response? Not one acre more. This battle cry has become the name of their legislative action committee. “This land is not for sale at any price,” Louden says. THE ARMY’S PERSPECTIVE Since World War II, Fort Carson has been a Colorado Springs landmark. Located approximately 100 miles away from Pinon Canyon, it is from this base that units are trained at PCMS. The Army says it needs to expand PCMS for a number of reasons, including the 2007 Grow the Army initiative, a program that, in a surprise twist, is designed to do just what its name says. Over the course of the next two years, the Pentagon plans to expand the number of soldiers stationed at Fort Carson from 16,000 to 25,000. “Changes to unit organization in the past year, upgrades to technology, and a decision to add a fifth BCT (brigade combat team) under Grow the Army have all pushed the doctrinal training land requirements up, not down, at Fort Carson,” says Army spokesman Dave Foster at the Pentagon. As to why the Army doesn’t use some of the millions of acres it already owns, Foster says part of it is because the terrain isn’t right. There are also cumbersome federal restrictions. But what it really boils down to — and he admits this — is convenience. “In order to support Fort Carson-based soldiers, other federal lands must not only be suitable and available, they must also be within 200 miles of Fort Carson/PCMS,” Foster says. “If the federal lands are further away than 200 miles, the burden on soldiers and families to use the land regularly for home-station readiness training purposes becomes so great that the Army would be forced to consider realigning units away from Fort Carson and to other installations with closer facilities. “There are a handful of federal landholdings … that the Army is investigating further, (but) none of these are assured or problem-free. Securing permission from other federal agencies to train on these lands is a lengthy and difficult process.” Louden’s take on the convenience angle is less than generous: “Yeah, it’s convenient for them. The generals can fly down, observe training and maneuvers, and fly back to Colorado Springs in time to play golf in the afternoon.” THE REVEAL There’s a new twist on the saga of Pinon Canyon, one that undermines the Army’s assertion that it only needs a little here and a little there. According to a 2004 study out of Fort Carson titled “Analysis of Alternatives Study: Pinon Canyon Maneuver Site, Colorado,” the Pentagon has been planning on acquiring almost 7 million acres in southeastern Colorado, forcing more than 17,000 residents off their land, and establishing the largest military base in the world. The 2004 study states:

  … Fort Carson’s Range and Training Land Program (RTLP) Development Plan, September 2003, identified the multi-phased acquisition of 6.9 million acres of land, currently owned by private land owners and the U.S. Forest Service (Comanche National Grasslands), as an option to the use of this land for large-scale, doctrinally sound Joint and Combined military training for units stationed at or deployed to Fort Carson and PCMS. Likewise, an expanded PCMS offers DoD the ability to simulate the situation in the Middle East, complete from deployment, through operations to re-deployment.

  This unprecedented acquisition of almost 11,000 square miles of private and public land would result in an operations area larger than Massachusetts. The multiservice battlefield would be more than triple the size of New Mexico’s White Sands Missile Range, which at 3,200 square miles, is currently the largest military installation in the United States. Opponents of the expansion say it would decimate the social and economic fabric of southeastern Colorado and destroy the last intact short-grass prairie along the American Great Plains. The Pentagon’s analysis makes clear that the land acquisition was designed to take place in many phases with the first phase matching almost exactly the Army’s current push for about 100,000 acres next to the PCMS. “This report also shows that far from compromising its plans, the Army is actually sticking almost exactly to the phased acquisition laid out in this document,” Louden says. “Army assistant secretary Keith Eastin has stated publicly that the Pentagon will be back for more land in the future.” It’s hard for people to get their head around how much this would affect not just southeast Colorado but much of the Southwest, he says. “People need to understand the sheer size of this planned land grab and the disastrous consequences of letting the Pentagon get one more acre. The damage to this fragile region and the rare wildlife it supports would be catastrophic,” Louden says. “Ranchers whose relationships with the native grasslands go back many generations would lose their lands and their livelihoods. The region’s family ranching and agriculture-based economy and the communities that depend upon it would be devastated. And a vast trove of historical, archaeological, and paleontological treasures would be lost.” Jim Herrell, a fellow opponent of the expansion, says the Army’s ongoing pursuit of expansion is a telltale sign of the disconnect between the government and the people it is bound to serve. “Every level of democracy has voiced its opposition to the expansion of the size and boundaries at Pinon Canyon clearly and repeatedly, yet the Pentagon and its contractors refuse to heed the will of the people,” Herrell says. “Now we see why the Army plans to build extensive facilities and intensify use on the 238,000 acres they already have but have rarely used. The Army got its foot in the door in the 1980s with promises that they’d never be back and there would be no live-fire. Those promises are broken. Letting the Pentagon go ahead with their plan inside and outside the PCMS would open the gate to an unconscionable drain on taxpayers.” THE BATTLEFIELD The enormous swath of khaki-colored ranchland in and around Pinon Canyon is environmentally-sensitive shortgrass prairie. Patchy, protein rich grasses that keep herds fed in the winter are interspersed with the kind of rugged scrub and rocky flatland that also nurtures dust storms. Even today, ruts made by pioneers’ wagons traveling along the Santa Fe Trail a century ago are plainly visible. Imagine what a 67-ton Abrams or an 18-ton Stryker on maneuvers can do, much less the impact of live-fire exercises in a place where lightning strikes spark grassfires that can burn hundreds of acres at a go. Town and county governments throughout the area — except Trinidad itself – have passed resolutions against the expansion. A bipartisan coalition of state lawmakers pushed through the Colorado Legislature a largely symbolic measure in 2007 condemning expansion plans. For opponents, the campaign has been one of battles won, campaigns lost, brilliant strategy, lawsuits, and holding tactics. Initially, the Army planned to seize the land through eminent domain, as it did back in the 1980s. The power to condemn private land for public use is nothing new. It’s right there in the last part of the Fifth Amendment of the U.S. Constitution:

  “… nor shall private property be taken for public use, without just compensation.”

  But since many Colorado ranchers had been down this road before with the Army, they mobilized immediately and started beating down the doors of their legislators. The fight has been carried on for two years now. The two primary weapons have been legal documents and official filings. In an ironic twist, the Army has been bogged down with all sorts of red tape: studies and statements on environmental effects and historical impact. In 2007, expansion opponents won their first serious victory when Congress banned on any funding for eminent domain or expansion activities. U.S. Rep. Marilyn Musgrave (R-CO), aided by US Rep. John Salazar (D-CO), pushed the ban through. At press time, the nation’s largest land grab has been reduced to a stalemate, trench warfare at its finest. Congress has approved the ban for another year, through the end of fiscal 2009. But US Rep. Doug Lamborn (R-CO), whose district includes Colorado Springs, wants the expansion. Lamborn has led the effort to allow the Army to circumvent the spending ban by attaching language to the 2009 Defense Authorization Act that allows the solicitation of “willing sellers.” “The Army believes it can buy the land it needs from willing sellers,” Foster says. “The Army has no desire to assert its condemnation authority, does not feel such authority is needed in this case, and seeks only the ability to buy on the open real estate market like any other organization.” Opponents say that this is an end around and a dirty trick. They say Lamborn’s maneuver is a checkerboard land grab that would make acquisition of other parcels inevitable by devaluing other ranchlands. Plus, it will intimidate owners, who worry they won’t get as much compensation should eminent domain come later. Live-fire war games and demands for access easements tend to drive down the values. They also spook cattle. “(Salazar and Musgrave) authored legislation banning all funding for any expansion of the Pinon Canyon Maneuver Site; a majority of the U.S. House and Senate approved the bill; and President Bush, the commander in chief, signed it into law,” Robertson said in an email he sent me. “Is (Eastin) that unfamiliar with the chain of command that he believes he can go ahead and spend taxpayer dollars anyway?” The most recent battlefront is over construction on the existing PCMS site. A non-profit group allied with Robertson’s organization called Not 1 More Acre! filed a lawsuit in the U.S. District Court for Colorado on April 23 to halt the construction of an encroaching 16-barrack military base on the western edge of the existing training site. This construction is designed to demonstrate “need.” The Army plans to relocate military personnel to the area. The suit charges the Department of the Army with failure to comply with the National Environmental Policy Act of 1969 (NEPA) and failure to disclose the destructive environmental,cultural, and socio-economic impacts of the army’s proposed current expansion of Pinon Canyon Maneuver Site (PCMS) to encompass private property between La Junta, Trinidad, and Walsenburg. Meanwhile, the Army is building its own “coalition of the willing” to strengthen its claims on the land around PCMS. Kimmie Lewis, a third-generation rancher, says the Army is cozying up with environmental groups which see potential gain in taking land from private ownership, even if some of the land would be sacrificed to the damage caused by armored and mechanized military exercises. “The PCMS expansion plan incorporates a Private Lands Initiative, which is a cooperative effort between the U.S. Army Forces Command, The Nature Conservancy, and the U.S. Fish and Wildlife Service, which seeks to annex additional land around the borders of the installation, creating a buffer zone (and) removing even more land from productive purposes,” Lewis says. “It’s a strange coalition but it’s come together at several military sites. The Nature Conservancy has been an active partner with the Pentagon since at least 2005, when the Bush White House urged “cooperation conservation” between the two as a way to expand the amount of land “protected” by the federal government, including the creation of environmental buffer zones around military bases. Senator Wayne Allard (R-CO) and Rep. Joel Hefley (R-CO) helped TNC acquire a $7 million grant to secure a buffer zone south of Colorado Springs to protect the fort’s northern borders. These are called Army Compatible Use Buffers (ACUB), and they are legally binding agreement between an Army installation and another party that enables the other party to acquire land or interest in land from a willing private landowner in the vicinity of Army training areas. Fort Carson and eight other installations are currently enrolled in the “Active Conservation Buffer Program. All of this — the uncovered plans, the lawsuits, the counter maneuvers, the political infighting — it takes its toll. It’s the uncertainty that’s the killer here. Even Sen. Ken Salazar (D-CO) — who has been trying to thread the needle between his ranching constituents and the demands of the Army — is frustrated. He told The Land Report that he still thinks a compromise can be reached that satisfies all. “I am still hopeful that there is a way to find a win-win solution that strengthens the agricultural economy of southeastern Colorado and fulfills the needs of the Army. I have suggested several ideas to the Army, including leasing land from local landowners and opening some of the existing site to grazing. The Army has shown openness to some of these concepts, and Fort Carson officials are taking steps to work more closely with local communities to hear their concerns and ideas as well,” Salazar told me. “The cloud of uncertainty, however, is still hanging over the heads of local property owners, in large part because they still worry that the Army will use eminent domain to take their land. I have supported, and will continue to support, barring the use of eminent domain at Pinon Canyon. The residents should not have to live in fear of the Army taking their land.” Rep. Musgrave concurs. “For the past two years I’ve worked on preventing the Army from spending any money on the expansion,” she tells The Land Report. “But (the Army) is very tenacious. They have time and all the things government has on their side.” It’s this sort of scenario that has Mack Louden worried. He thinks one of the biggest problems expansion opponents face is that the opinion makers and major media types in Washington and New York can’t fathom the scale of acreage under discussion. “For someone who pays $1 million for a 1,000-square-foot apartment or a quarter-acre lot, they think 100,000 acres is all the land in the world. Why not give up a little?” Louden says. But in this part of the country a rancher needs up to 100 acres to support a single cow-calf pair. In the warmer months herds are fed grain. During the harsh winters they survive on protein-rich native grasses. Louden, whose own 30,000-acre ranch supports just 300 Red Angus, says that when all is said and done a rancher with his size operation is lucky to net $35,000 a year. Most ranchers and their wives work extra jobs to make ends meet or to get health insurance coverage. Louden and I are driving down a dirt road that runs between along the fence line of the existing PCMS. Kennie Gyurman, who lost his ranch in the first PCMS back in 1983 and is still mad about that 25 years later, has joined us. Gyurman’s beat-up Ropers, faded Wranglers, and angry disposition come across anti-military, but once upon a time he worked for the Department of Defense just outside Denver. “You can’t trust a thing they tell you,” Gyurman says. “They’ll say they want one thing and take another. They’ll say they just want this much, and then they’ll take everything. We have to stop them.” Opponents of the expansion such as these two aren’t worried about their land. Gyurman’s already lost his, and Louden’s ranch isn’t even in the Army’s sites. Their position is as much philosophical as it is self-interest. As Lon Robertson told me last year, “They say they need the land to help train our soldiers to fight for our rights. I thought one of our rights was the right to own property.”As for Louden, he sees a bigger problem than just one wing of the Pentagon making designs on a largely unknown piece of rural Colorado. “The people are losing the government,” Louden says. “The Pentagon is going ahead with their plans despite all the studies they’re supposed to be doing. It affects everyone in this region, and they’re not even following their own rules.” “This is one colossal land grab in Colorado,” says Rep. Musgrave, adding that she has little doubt the 2004 study where the Army eyes 7 million acres is the long-term goal. “And it’s always hanging over everyone. You can bet if there is (a permanent solution), we will find it. But bureaucracy has all the time in the world. They can be very patient and come back when this crowd gets worn down. I support the military with all my heart but they’re not right here. Fool me once, shame on you. Fool me twice, shame on me.” “We are all Americans,” Louden says. “We all support our country and our military. But the military is supposed to answer to the people, and to serve to protect our rights. What is the military defending us from if they’re the ones who take our land?”]]> 1338 0 0 0 16334 0 0 16335 0 0 16337 http://www.treygarrison.com 0 0 16338 0 0 https://landreport.com/2008/12/bidding-to-start-at-22-million-for-69-acre-napa-winery/ Thu, 04 Dec 2008 07:00:42 +0000 https://www.landreport.com/?p=461 Bidding on Kirkland Ranch Winery closed yesterday at noon. The sealed bid auction started at $22 million for the 69-acre Southern Napa County winery, which includes 45 acres of vineyards. Bidders also had the option to purchase an additional 186 acres of land of which 110 are under vine. The opening bid for the combined properties was $26 million. The $22 million reserve price is less than half what the winery was valued at when it entered bankruptcy in 2006. According to the Press Democrat, hopes for a more traditional sale faded with the mortgage meltdown and subsequent credit crunch. Braun Auctioneers, the Beverly Group, and International Wine Associates were brought on by the winery to direct the sale. The Kirkland family built the 57,000-square-foot winery ten years ago. It is permitted to process 200,000 gallons of wine annually, however, it has capability to produce up to half a million cases per year. Its cellar has storage for 3,000 oak barrels. In addition, use permit allows retail sales and public tastings by appointment and up to 74 events annually at its banquet and meeting facilities.]]> 461 0 0 0 https://landreport.com/2008/12/cnl-lifestyle-properties-to-pay-132-million-for-crested-butte-okemo-and-mount-sunapee/ Fri, 05 Dec 2008 07:00:00 +0000 https://www.landreport.com/?p=473 CNL Lifestyle Properties, an Orlando-based real-estate investment trust (REIT) will announce today that it is acquiring Crested Butte Ski Resort in Colorado (pictured), Okemo Mountain Resort in Vermont, and Mount Sunapee Ski Resort in New Hampshire from Triple Peaks LLC of Ludlow, Vermont. According to The Wall Street Journal, CNL will pay $132 million for the three ski areas, which Triple Peaks will continue to operate.

  According to its website, CNL Lifestyle Properties invests in income-producing properties with a focus on lifestyle-related industries. The company acquires properties and leases them primarily on a long-term, triple-net basis. CNL Lifestyle Properties intends to invest in properties with the potential for long-term revenue generation based on demographic trends, associated concentrations of wealth, and other proprietary underwriting models.

  CNL Lifestyle Properties is one of the nation’s largest owners of golf properties with a golf portfolio comprised of 52 properties throughout the United States. In March 2008, the REIT announced the acquisition of three Virginia golf courses from Traditional Golf Properties. Two of the acquired golf courses, The Crossings located in Glen Allen, Va., and Kiskiack located in Williamsburg, Va., are semi-private courses. The third course, Broad Bay located in Virginia Beach, Va., is a private club.

  ]]> 473 0 0 0 https://landreport.com/2008/12/north-dakota-bucks-the-recession/ Sat, 06 Dec 2008 07:00:45 +0000 https://www.landreport.com/?p=483 The rest of the US may have fallen into a recession, but at the north end of the Great Plains a robust economy and a tight labor supply is keeping North Dakota humming. Unemployment rate? Holding steady at 3.4 percent. New car sales? Up 27 percent. Foreclosure rate? Among the nation's lowest. And the primary legislative budget issue? What do with a $1.2 billion surplus. What about land prices? In 2008, land values increased 18 percent, up for the ninth straight year, to $765 per acre, according to the North Dakota Agricultural Statistics Service. Since 2004, when farmland prices equaled the 1982 record average of $455 per acre, a new record has been set every year, said Brian Kugel, a statistician with the North Dakota Agricultural Statistics Service. Among the reasons being cited are strong farm commodity prices and a surge in oil production. Nationally, farm real estate values averaged a record $2,350 per acre in January, up about 9 percent from 2007, according to the USDA. The agency cited strong commodity prices, farm programs, and tax incentives among the reasons for the increase. A good overview of the overall picture in the Sioux State can be found in Saturday's New York Times.]]> 483 0 0 0 https://landreport.com/2008/12/us-sugar-approves-sale-of-180000-acres-for-134-billion/ Mon, 08 Dec 2008 07:00:28 +0000 https://www.landreport.com/?p=536 Today U.S. Sugar announced that its board of directors had approved the sale/leaseback of 180,000 acres to the South Florida Water Management District for $1.34 billion ($7,444 per acre). The transaction ranks as one of the largest of 2008 and is the culmination of intense negotiations between the privately held company and the water district that will create a natural flow of water between Lake Okeechobee and the southern Everglades. The complete press release from U.S. Sugar follows.. Clewiston, FL – December 8, 2008 – U.S. Sugar Corporation announced that its Board of Directors today approved the contract to sell approximately 180,000 acres of its real estate assets to the South Florida Water Management District. “After many months of negotiations and careful deliberation, the U.S. Sugar Board of Directors has approved the contract to sell its real estate assets to the South Florida Water Management District for $1.34 billion and retain the right to lease the property for seven crops,” said Robert Coker, senior vice president, public affairs. “The terms of the deal have been approved today by our Board and the contract has been signed and delivered to the South Florida Water Management District,” Coker said. “This is a milestone in this historic transaction,” Coker said, “and one that we hope will provide certainty to many of the stakeholders. We are hopeful that the Governing Board of the South Florida Water Management District will take up and approve the contract early next week, bringing Governor Crist’s bold plans for Everglades restoration to fruition.” In accordance with Delaware law, BMO Capital Markets will have a period of two months to shop the Company and give other interested purchasers a chance to make a better offer. This includes the Lawrence Group, which has not made a formal offer, but has indicated interest in the company through an aggressive media campaign. Also approved by the U.S. Sugar Board today was a comprehensive severance package for both hourly and salaried employees. The package provides one year’s salary for all hourly employees and two years’ salary for all salaried employees - to be paid if the Company is forced to shut down at the end of seven crops. Coker said, “Hopefully this safety net will not be needed.”]]> 536 0 0 0 https://landreport.com/2008/12/resilient-montanans-rally-around-timber/ Tue, 09 Dec 2008 07:00:25 +0000 https://www.landreport.com/?p=551 Worthwhile read in the New York Times today by Kirk Johnson for the National Desk. The focus of the article is less about timber or timberland as an investment and more about the Montana logging communities whose lifeblood has been altered by forces far from home, including the mortgage meltdown, climate change, and the drop in demand for  wood chips. Since 2005, almost 20 percent of Montana's lumber-mill jobs have been lost. Since then a coalition has banded together to sustain what's left of Montana's timber industry: state officials, business leaders, and environmentalists. It is this alliance, along with the state's Congressional delegation, that is pushing for a timber component in the Obama Administration's much anticipated stimulus package. Read the complete article HERE.]]> 551 0 0 0 https://landreport.com/2008/12/more-on-the-crested-butte-mountain-resort-sale/ Wed, 10 Dec 2008 07:00:05 +0000 https://www.landreport.com/?p=568 Last Friday's sale of Colorado's Crested Butte Ski Resort, part of a three-ski-area package acquired by CNL Lifestyle Properties from Triple Peaks LLC for $132 million, marks the second change in ownership for the Gunnison County landmark in less than five years. In 2002, Triple Peaks, which is owned by Tim and Diane Mueller, was set to buy Steamboat Springs Ski Area from American Skiing Co. (ASC) for $91.4 million, but ASC backed out. The Muellers persevered, however, and two years later they acquired Crested Butte from the Callaway and Walton families in March 2004. Here's the official lowdown on last week's sale, which was broadcast via email earlier today:

  CBMR's parent company Triple Peaks, LLC and CNL Lifestyle Properties, a real estate investment trust specializing in recreational assets, have entered into a 40 year sale-leaseback arrangement which means a robust financial position for CBMR and a continually improving experience for our guests. CNL has purchased the resort assets necessary for ongoing operations. In turn, Triple Peaks, LLC will lease back the operating rights to Crested Butte Mountain Resort, Okemo Mountain Resort and Mount Sunapee Resort. With initial discussions between the parties starting in earnest this past May, this partnership is perfectly aligned with recent rebranding, strategic initiatives, and leadership changes at CBMR. As Diane Mueller said, “In these economic times this allows our three resorts to move forward. The bottom line is that the Muellers aren’t going anywhere. We’ve been in this industry twenty years and we’re passionate about it. We can now focus on ski operations.” With major capital improvements now in the planning stages, the acquisition gives Triple Peaks’ management additional capital to build the Red Lady Lodge here in Crested Butte and to construct a conference center and an additional 9-holes of golf at Okemo Mountain Resort. With questions on the sale-leaseback arrangement, Scott Clarkson, VP of Sales and Marketing at Okemo Mountain Resort, answered it this way: “Given the capital and debt credit situation, a financial arrangement like this was able to happen because of the strength of Triple Peaks and the strength of CNL. Their financing is cash-based so they are not subject to the vagaries of the markets. For the resorts, we change from debt financing to equity financing. We’ll make lease payments to CNL rather than interest payments to banks.” CNL Lifestyle Properties has a diverse portfolio of 115 properties including recently-acquired Big Sky, Montana and Northstar-at-Tahoe Resort among many others.  Click here for a list of their portfolio. The resort assets while owned by CNL, will be under the operational control of CBMR. Further, the Muellers still maintain ownership of the residences within The Lodge at Mountaineer Square, homesites in Prospect, some base area properties, and all of the undeveloped real estate previously in their portfolio. This will allow the Mueller Family and CBMR to participate in shaping the future of the area in a way that honors and enhances what makes this place special for those that live and visit here.  

  ]]> 568 0 0 0 https://landreport.com/2008/12/obama-picks-colorado-sen-ken-salazar-as-dept-of-interior-head/ Tue, 16 Dec 2008 07:00:34 +0000 https://www.landreport.com/?p=589 Landowners in the West will have one of their own heading up the Interior Department in the new Obama Administration. According to published reports, Sen. Ken Salazar (D-CO) will be named the 50th Secretary of the U.S. Department of the Interior later this week by President-elect Barack Obama. Salazar is no stranger to readers of The Land Report. The Colorado native has been one of the staunchest opponents of the Pinon Canyon expansion in the southeast portion of the Centennial State. The proposed expansion of the Fort Carson training ground includes doubling the size of a military exercise area by acquiring land owned primarily by locally owned cattle operations. Salazar and his brother, John, a US congressman, are fifth-generation Coloradans who grew up working on a family-owned ranch in the San Luis Valley of Southern Colorado. After studying political science at Colorado College and earning a law degree from Michigan, he rose to political prominence as Colorado's attorney general. He won his Senate seat in 2004.]]> 589 0 0 0 https://landreport.com/2008/12/iowa-farmland-sets-record-highs-for-sixth-straight-year/ Wed, 17 Dec 2008 07:00:06 +0000 https://www.landreport.com/?p=601 Iowa State reports that the value of an average acre of farmland has increased for the ninth year in a row to an all-time high. According to the survey's director, ISU Extension farm economist Mike Duffy, land values have doubled since 2003, climbing from $2,275 to $4,468 in just five years. The 2008 average was an increase of $560 or 14 percent over last year. By comparison, 2007 remains the gold standard. Land values increased $704  over the previous year, a whopping 22 percent jump. And what does the crystal ball reveal? "Where land values will go in the next year or so is really anyone’s guess, but, overall, Iowa farmland should remain a good investment for the long run,” Duffy was quoted as saying. A complete overview, courtesy of Iowa State University, is available here.]]> 601 0 0 0 https://landreport.com/2009/01/powell-heirs/ Sat, 10 Jan 2009 20:45:12 +0000 https://www.landreport.com/?p=637 637 0 0 0 https://landreport.com/2008/12/commercial-developers-ask-treasury-for-200b-bailout/ Mon, 22 Dec 2008 07:00:14 +0000 https://www.landreport.com/?p=652 The Wall Street Journal reports this morning that commercial developers who own thousands of shopping centers, office complexes, hotels, and other commercial buildings have been pressing the Treasury Department to include their industry in a $200 billion loan program being created to salvage the market for car loans, student loans, and credit-card debt. Some are even suggesting setting up a separate program to increase lending to commercial real estate only. One is inclined to react to this news by asking, "Are you kidding me? Is anyone in this country capable of doing business legitimately (see credit default swap) or ethically (see Madoff Securities)?" But the real story about the looming disaster in commercial real estate is not about competence or character but timing. Most commercial properties are financed with five-, seven-, or ten-year notes, which  means those properties that were financed five, seven, and ten years ago with notes coming due have the misfortune of having to refinance in the worst credit market in decades. On top of this, packaging commercial loans and selling them off as securities has ground to a halt. To get a better idea of the particulars, download this insightful report from Deutsche Bank that surveys all aspects of commercial real estate markets not only by type but by region. Deutsche Bank Report]]> 652 0 0 0 https://landreport.com/2008/12/plum-creek-completes-first-phase-of-150-million-sale/ Tue, 23 Dec 2008 07:00:41 +0000 https://www.landreport.com/?p=681 The nation's large private landowner — Plum Creek Timber — took the initial step towards completing the sale of an estimated 130,000 acres of Montana forestlands last week. In the first step of a three phase plan, the company received $150 million in cash from The Nature Conservancy and The Trust for Public Land ($1,153 per acre). The complete announcement from Plum Creek's corporate website follows: SEATTLE--Dec. 17, 2008--Plum Creek Timber Company, Inc., (NYSE: PCL) today announced it completed the first phase of its previously announced sale of western Montana forestland to The Nature Conservancy and The Trust for Public Land.  Plum Creek received $150 million in cash for approximately 130,000 acres of Montana forestlands in the first phase of the three-phase transaction. “Plum Creek has a strong history of conservation and is pleased to partner in this effort to keep these forests in productive timber management, promote continued public access to these lands, and protect them for future generations,” said Rick Holley, president and chief executive officer.  “With this transaction, we are proud that the company has placed nearly 700,000 acres of land across the nation into permanent conservation. “In these unsettled and challenging markets, Plum Creek remains in a strong financial position with $750 million available under our undrawn line of credit and a healthy cash balance, which is enhanced further by the completion of this phase of the transaction,” Holley continued. The company has updated its fourth quarter earnings outlook to take into account the earnings contribution of the conservation sale, the effects of the economic downturn on near-term results, and a gain on the early extinguishment of debt. As a result, the company expects to report fourth quarter earnings between, $0.48 and $0.53 per share. The Montana conservation sale will contribute approximately $0.40 per share to the reported fourth quarter earnings.  The balance of the quarter’s rural land sales are expected to be approximately $65 million.  This is lower than the originally anticipated $75 to $85 million as a handful of planned sales have been rescheduled to 2009 or cancelled.  In addition, the company expects the basis in the $65 million of lands sold to be approximately 38 percent of sales, higher than initially anticipated, reducing reported earnings but having no impact on cash flow. The company’s manufacturing segment is expected to report a loss of approximately $20 million for the fourth quarter, a larger loss than initially anticipated.  Approximately $7 million of expected loss is the result of a write down of certain purchased log commitments and log inventories. During the fourth quarter, the company has further reduced its lumber, plywood and medium density fiberboard production to match weak demand. During the quarter, the company identified an attractive opportunity to execute open market purchases of its publicly traded bonds.  The bonds, with a face value of $62 million, were redeemed for $50 million and permanently retired.  The bonds carried a coupon of 5.875 percent and were scheduled to mature in 2015.  As a result, the company expects to record an $11 million gain on the early extinguishment of debt during the fourth quarter. “Our financial position and diverse timber and land asset base serve the company well, providing us with both financial and operational flexibility.  As a result, our attention remains focused on long-term value creation, disciplined capital allocation, and maintaining our commitments to our investors,” Holley concluded. The company expects to release its fourth quarter and full year 2008 earnings after the close of market on Monday, Feb. 2, 2009, followed by its regular investment community conference call at 5 p.m. EST the same day.

  ###

  Plum Creek is the largest and most geographically diverse private landowner in the nation with more than 7 million acres of timberlands in major timber producing regions of the United States and 10 wood products manufacturing facilities in the Northwest.]]> 681 0 0 0 https://landreport.com/2008/12/kelo-rears-its-head-in-houston/ Mon, 29 Dec 2008 07:00:25 +0000 https://www.landreport.com/?p=768 For landowners, their is no more controversial case than the Supreme Court's 5-4 decision in Kelo v. City of New London permitting the use of eminent domain to transfer private property from one owner to another under the guise of furthering economic development. In response to this 2005 decision, dozens of state legislatures passed bills curbing the effects of Kelo, including Texas, which made it illegal for a municipality to condemn property solely for private economic development. Yet that is exactly what Mayor Bill White and the City of Houston have seemingly done. In a front page story, Sunday's Houston Chronicle details the fate of a miniscule parcel of property - .09 acres - that lies at the very heart of a $12.5 million land sale. "The complex case, involving a series of land transactions and a web of relationships between elected officials at City Hall and developers, raises the question of whether the city abused its power in taking land it now is hard-pressed to prove that it needed, land that a developer was seeking to control. "It looks as if the city of Houston was all too eager to bulldoze the people – and condemn the property – that prevented a powerful political donor from realizing his ambitions," said Andrew Wheat, research director for Texans for Public Justice, a nonpartisan watchdog group that has conducted several studies of the use of eminent domain law in Texas." The complete text of the Chronicle's story, including an excellent analysis of the legal issues, can be found HERE.]]> 768 0 0 0 https://landreport.com/2008/12/land-report-100er-to-chair-the-nature-conservancy/ Tue, 30 Dec 2008 07:00:21 +0000 https://www.landreport.com/?p=794 The complete press release from organization follows: ARLINGTON, VA – December 1, 2008 – Today, The Nature Conservancy announced that Roger Milliken, Jr., President and CEO of the Baskahegan Company, was named chairman of the global conservation organization’s Board of Directors. Milliken has been a member of the Conservancy’s Board since 2000 and a member of the Maine chapter’s board of trustees for more than 10 years. Milliken succeeds John Morgridge, former President and CEO of Cisco Systems, Inc., who completed his term as chair in October. “I'm thrilled to be taking the helm at such a critical time in the Conservancy’s history,” said Milliken. “With the Conservancy’s global perspective and local presence in 50 states and more than 30 countries, the organization is well positioned to tackle global threats like climate change, and help protect the natural systems around the world that sustain all life.  I look forward to working in this new role with the board and staff of the Conservancy and our many partners and supporters to help build a sustainable planet.” “Given his passion for conservation, his depth of knowledge and drive for action, Roger will be an outstanding board chairman,” said Mark Tercek, President and CEO of The Nature Conservancy.  "I look forward to working with Roger in his new role.” “Through his leadership and involvement with the Conservancy in Maine over the last ten years, he has made a significant mark on lands and waters right here at home,” said Mike Tetreault, director of The Nature Conservancy’s Maine Chapter. In 1983, Milliken joined the Baskahegan Company, a recognized leader in Maine’s forest products industry, and became president in 1989.  Known for its commitment to managing for timber while respecting the dynamics of natural systems, Baskahegan owns and manages more than 100,000 acres of forestland in eastern Maine, and has been certified as Well-Managed by the Forest Stewardship Council since 2004. In addition to his work with the Conservancy, Milliken chairs the Advisory Board of the Manomet Forest Conservation Program and is an advisor to the Open Space Institute’s Northern Forest Protection Fund.  He is a former president of the Maine Forest Products Council, and served on the board of the Land for Maine’s Future program for nine years.  He is a Director of Pacolet Milliken Enterprises, a private company focusing on sustainable investment opportunities in the real estate, energy and natural resource sectors.]]> 794 0 0 0 https://landreport.com/2009/01/forest-service-to-pave-the-way-for-plum-creek/ Thu, 01 Jan 2009 19:00:51 +0000 https://www.landreport.com/?p=872 The nation's largest landowner may be getting a last-minute, going-away gift from the Bush Administration. The Forest Service may amend existing easements, a step that would allow Plum Creek Timber (NYSE:PCL) to pave roads through USFS land.  Such a move would facilitate an important first step for the giant timber REIT as it converts forested acreage to residential developments.  Read the complete story here.]]> 872 0 0 0 https://landreport.com/2009/01/ted-turner-tops-the-land-report-100/ Thu, 01 Jan 2009 07:00:59 +0000 https://www.landreport.com/?p=1243 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 two estancias in Patagonia and one in Tierra del Fuego, and the media mogul's holdings are an empire unto to themselves, ranking larger than 48th state, Delaware. Here, in a Land Report exclusive, is an excerpt from his recently published memoir, Call Me Ted, is the story of how he went about creating Turner Ranches, an entity that dates back to his acquisition of Montana's Bar None Ranch. [caption id="attachment_1246" align="alignleft" width="275"] Turner details his love of land in "Call Me Ted"[/caption] "Give Me Land, Lots of Land" from Call Me Ted: After buying the Bar None Ranch and spending increasing amounts of time in Montana, I fell even more in love with the area. When I enjoy something, I have a tendency to overdo it, and when I was told that a larger ranch was coming on the market, I was interested. Jane and I were still getting used to the scale of the Bar None when I told her that now I was going to look into a property that was many times larger. The Flying D Ranch is more than 119,000 acres, situated between the Gallatin and Madison Rivers. It’s a beautiful property with good trout streams and it had a lot of pasture that would be perfect for a large bison herd. Jane thought I was crazy but for $21 million (or about $200 an acre) it seemed like it would not only be a great place, but also a terrific investment. I bought it in 1989. Like most large ranches, the Flying D contained a lot of signs of human impact, like power lines and poles and barbwire fences. One of the first things I wanted to do was get rid of all this junk and barbed wire. My goal was to restore the property to what it would have looked like 150 years earlier, before the white man came. It was a lot of work, but we removed just about every sign of human disturbance, save the dirt and gravel roads. Part of my desire to own this land was to make sure that it was never developed. Conserving this property for future generations seemed like the right thing to do, especially with so much development happening in that part of the country. I worked out a conservation easement with the Nature Conservancy that guarantees to repopulate the property with bison, an animal that I’d been fascinated by for two years. I purchased my first bison back in the 1970s - a bull and two cows - and kept them at Hope Plantation (where I also had been raising and breeding bears, cougars, and other animals that had been native to that area in earlier days). I knew that the bison population had once numbered in the tens of millions before dropping to below a thousand, and for the Flying D to look like it looked hundreds of years before, we needed a large her. During my early years of ranch ownership, my enthusiasm did lead me to make some mistakes. For example, the Flying D had hundreds of miles of barbed wire fencing and I had every bit of it removed, thinking this would allow the bison to roam free on about eighty thousand acres. I learned that when you do this, the animals tend to overgraze certain areas and undergraze others, and we had to bring back some limited fencing – not barbwire, I might add. The Bar None and the Flying D gave me so much pleasure that I decided to buy as many large properties as I could reasonably afford. By the end of the 1990s, I had purchased two more ranches in Montana, three in Nebraska, one in Kansas, and one in South Dakota (they’re used primarily for bison ranching). Then between 1992 and 1996, I bought three large ranches in New Mexico. The biggest, Vermejo Park, is nearly 600,000 acres, and together these three ranches cover more than one million acres. They are also used for bison ranching, as well as hunting and fishing, and Vermejo sits on top of valuable natural gas that is being extracted by an energy company that has the rights. They do this work very carefully, extracting the gas while protecting the ranch’s beauty and wildlife. I’ve also enjoyed working on the return and protection of threatened and endangered species. In addition to bison (of which we now have about 45,000 head), we’ve worked to reintroduce about twenty other species. These include gray wolves, red-cockaded woodpeckers, and black-footed ferrets. These were all challenging projects so I looked for the best people I could to help manage the properties. I hired Russ Miller in 1989 and he’s been with me ever since, doing a terrific job as general manager of the ranches. In 1997 I created the Turner Endangered Species Fund, recruiting Mike Phillips (who led the effort to bring back the gray wolf to Yellowstone) to run the organization, along with my son Beau, who studied wildlife management at Montana State University after graduating from The Citadel. In Montana, I learned to love fly-fishing. It’s one of the few things I do that’s not only interesting and challenging but also relaxing. Unfortunately, it’s not a sport you can enjoy during a Montana winter (except on rare occasions), but I learned that there are rivers and areas in the Patagonia region of Argentina that are similar to Montana. Since South America is counterseasonal to the United States, I could fish there during the North American winter. In ’97, I purchased a nine-thousand-acre ranch in Patagonia named La Primavera, and in 2000, a 93,000-acre property named Collon Cura. I also bought a 24,000-acre ranch and fishing lodge on the island of Tierra del Fuego. These three properties all feature great fly-fishing. Subsequently, I acquired two more ranches on the Great Plains of Nebraska and one in Oklahoma, primarily for raising bison. Today, with over 2 million acres, I’m the largest individual landowner in the United States. We operate our ranches responsibly from an environmental viewpoint and also have an outfitting business that allows hunters and fishermen to use our properties on a limited basis. With revenues from bison sales, some controlled forestry, energy leases, and private hunting and fishing, the ranches turn a small profit. Owning the properties has given me tremendous pleasure. My connection to nature goes back to my early childhood when I spent hours outdoors either alone or with Jimmy Brown. I’d fish, gig for frogs, or just observe the wildlife around me and these times helped me through a lot of loneliness and gave me great peace of mind. Being outdoors is my chance to unwind, clear my head, and think. The time I spend in nature refreshes and recharges me and reminds me how much raw beauty exists in the world – and how careful we should be to preserve it. The ranches are also great places for me to spend time with friends. On nearly every trip I make in the United States or Argentina, I invite friends and family. I’ve also hosted business colleagues and world leaders. (I’m proud to say that three Nobel Peace Prize winners have been among my houseguests – Mikhail Gorbachev, Jimmy Carter, and former UN secretary-general Kofi Annan.) I also enjoy observing and interacting with nature and it’s a special feeling to be part of the natural environment. One of my favorite experiences involves a bird I befriended several years ago at my Snow Crest Ranch in Montana. It was a baby magpie that had fallen out of its nest and was lying on the ground. My house staff and I pulled together a box, some paper towels, and an eyedropper, and gave it food and water. The little magpie responded and we pulled him through. In the process we bonded, and I named him Harry. We bought a traveling cage for him and took him with us when we moved from one ranch to another. He learned to talk and would up providing great entertainment. We would let him out of the cage during the day and he’d follow me around. When I’m at a ranch I get a FedEx package from my office of the previous day’s mail. With Harry, I’d sit on my couch reading my mail and once I was through, I’d crush the pages into a ball and throw them on the ground for Harry to play with. He charmed everyone (including Gorbachev – he sat next to his coffee cup one morning at breakfast and gave him a couple of light pecks on his famous forehead). Harry became a little too feisty and ran into trouble when he started dive-bombing people and we were concerned that he might put someone’s eye out. We decided we had to take Harry to the Beartooth Nature Center in Red Lodge, Montana. He still lives there, and to this day, whenever I see magpies flying overhead, I think of my old pal Harry. I’m proud of the work we’ve done to preserve and protect the properties and I’ve tried to do everything I can to make sure that they’re maintained after I’m gone. With my passing the properties will be protected by conservation easements. In certain parts of the country, my rancher neighbors have grown suspicious of me and created theories about ulterior motives I might have, going so far as to speculate that I might be trying to tie up and control water rights for entire regions. None of this is true. As long as the conservation laws of the United States remain in place, the land will be protected from development in perpetuity (and we’ve taken similar measure with the Argentine properties). I’m often reminded of Scarlett O’Hara’s father in Gone With the Wind, who told her, “Why, land’s the only thing in the world worth working for, worth fighting for, worth dying for, because it’s the only thing that lasts.” I’ve realize this to be true, and I’m proud to know that I’ve done what I can to make sure that my land is protected. You can purchase a copy of Call Me Ted by visiting Amazon.com]]> 1243 0 0 0 https://landreport.com/2009/01/the-land-report-looks-at-the-new-congress/ Tue, 20 Jan 2009 19:00:02 +0000 https://www.landreport.com/?p=1261 Some lawmakers want to roll back rules put in place by the Bush Administration. Others want Obama’s White House to put more money into land and less into tax breaks as a means to boost the economy.

  Here’s a rundown on several key legislators and their committees – all of whom are worth watching as the year progresses. A complete review of the key players will be featured as the cover story of the Spring 2009 Land Report.

  THE SENATE

  COMMITTEE: Senate Committee on Energy and Natural Resources RETURNING CHAIR: Jeff Bingaman, D-New Mexico RANKING REPUBLICAN: Pete Domenici, R-New Mexico BATTLE LINES: Though he’s an advocate of “green” policies, Bingaman has introduced a $10 billion legislative package that bundles 160 different bills into a single proposal. A single proposal that runs 1,300 pages long, that is. The Omnibus Lands Management Act seeks to capitalize on the new weakness of Senate Republicans, who have blocked some of the 160 measures it contains. COMMITTEE: Senate Committee on Agriculture, Nutrition and Forestry RETURNING CHAIR: Tom Harkin, D-Iowa.  RANKING REPUBLICAN: Saxby Chambliss, R-Georgia BATTLE LINES: We know this: There won’t be a fight over President-Elect Obama’s choice of agriculture secretary, Tom Vilsack. Harkin has already thrown his support behind Vilsack, a fellow Iowan, and Harkin’s committee will hold Vilsack’s confirmation hearings. COMMITTEE: Senate Committee on Environment and Public Works RETURNING CHAIR: Barbara Boxer, D-California. RANKING REPUBLICAN: James Inhofe, R-Oklahoma BATTLE LINES: Boxer, like Harkin, also will ask the Obama Administration to ramp up spending to boost the economy. In particular, she’ll seek more funds for waterway projects.

  THE HOUSE

  COMMITTEE: House Committee on Energy and Commerce NEW CHAIR: Henry Waxman, D-California. RANKING REPUBLICAN: Joe Barton, R-Texas BATTLE LINES: Waxman toppled Dingell in part because he promised to push for stricter laws on greenhouse gas emission. That may mean a crackdown on coal producers, whom Waxman has targeted in previous legislation. COMMITTEE: House Committee on Natural Resources RETURNING CHAIR: Nick Rahall, West Virginia. RANKING REPUBLICAN: Doc Hastings, R-Washington BATTLE LINES: Though his party is now fully in charge of Congress and the White House, Rahall may still have a fight on his hands with Rep. Waxman on coal (see above) as well as with the outgoing Bush Administration. COMMITTEE: House Committee on Agriculture RETURNING CHAIR: Collin Peterson, D-Minnesota. RANKING REPUBLICAN: Bob Goodlatte, R-Virginia. BATTLE LINES: Just a year into his chairmanship, Peterson led the charge in the House to buck President Bush’s second veto of the Food, Conservation and Energy Act of 2008, aka, the Farm Bill. In the current Congress, Peterson will be called on to press for more regulation of commodity futures markets, which have been extremely volatile in the current recession.]]> 1261 0 0 0 https://landreport.com/2009/01/jeff-gordon-to-sell-aspen-ranch/ Wed, 21 Jan 2009 07:00:55 +0000 https://www.landreport.com/?p=1267 The Aspen Times is reporting that four-time NASCAR champion Jeff Gordon is under contract to sell his 2,000-acre Aspen ranch. The buyer? John MacDonald, a Dallas developer who created the Dallas National Golf Club. According to the Aspen newspaper, Gordon bought the acreage in 2006 for $9 million. No word on his sale price. The property is divided into two parcels: a 1,400-acre upper ranch, which will not be developed, and a 500-acre lower ranch, where a golf course is slated to be located. Gordon himself plans to retain 50 acres in the lower ranch and will receive several memberships in the proposed club.]]> 1267 0 0 0 https://landreport.com/2009/01/the-land-report-looks-at-the-bush-administration/ Tue, 20 Jan 2009 19:00:25 +0000 https://www.landreport.com/?p=1297 ENDANGERED SPECIES ACT: The most significant changes to the nation’s most important rule for protecting wildlife came under President Bush. And no change was more substantial than the one that came just weeks before Bush was to leave office. Under a new rule announced by both the Interior Department and Commerce Department, federal agencies will no longer need to consult with independent wildlife experts — or the U.S. Fish and Wildlife Service — to determine if any of their projects might have an impact on a given endangered species. THE IMPACT ON LANDOWNERS: Mixed. A boon for those hoping to see specific projects proceed at a faster pace. A curse for those hoping to either bolster protections for certain species or use the Endangered Species Law to prevent the feds from pushing through new dams, highways, et cetera. MONUMENTAL NATIONAL MONUMENT EXPANSION: Just days before he left office, Bush designated some 195,280 square miles as “national monuments.” But don’t expect marble sculptures to be erected there anytime soon. Most of the areas that are now protected from development, mining, or oil exploration, are underwater. They include various reefs and sea floors in the Pacific Ocean — parts of the Mariana Trench among them. IMPACT ON LANDOWNERS: Positive. True, private landowners don’t have property 20,000 leagues under the sea. But, by focusing on protecting so much of the ocean from commercial use, Bush spared landowners from the kind of 11th-hour protections that other presidents have employed. A ROADLESS RULE TO NOWHERE: The Bush Administration spent eight years trying to rewrite Clinton Administration rulemaking that prevented commercial activity in road less wilderness areas. IMPACT ON LANDOWNERS: Mixed. For landowners whose properties about federal lands that are not designated as federal wilderness areas, whether Bush’s efforts to change Clinton’s rules were good or bad is a matter of perspective. DRILL, BABY, DRILL: As Barack Obama was planning his train trip from Philadelphia to Washington, President Bush and his Interior Department were proposing a major expansion to oil and gas drilling areas on both coasts. IMPACT ON LANDOWnERS: Negative. Though some private landowners could stand to profit from expanded offshore drilling, Obama has already said he intends to explore a comprehensive energy policy before deciding whether or where that kind of expansion should take place.]]> 1297 0 0 0 https://landreport.com/2009/01/the-land-report-looks-at-the-obama-cabinet/ Tue, 20 Jan 2009 19:00:14 +0000 https://www.landreport.com/?p=1324

  KEN SALAZAR DEPARTMENT OF THE INTERIOR

  THE DEPARTMENT: Interior is the most influential department when it comes to policies affecting landowners. Covered under its jurisdictional umbrella are the National Park Service, Bureau of Land Management, Mineral Management Services, and the US Fish and Wildlife Service. THE NEW SECRETARY: A senator from Colorado since 2004, Salazar and his brother John (who serves in the US House of Representatives) and six other siblings grew up on a 1,200-acre ranch near the San Antonio River that was originally settled in the 1860s by their great-great grandfather Francisco. Their childhood home had no electricity or running water. Salazar will be one of the most recognizable cabinet secretaries, thanks to the cowboy hat he wears regularly with business attire. THE EXPECTATIONS: Environmental and conservation groups praised Salazar’s appointment, even though he has not always been their favorite senator. Still, they like the fact that Salazar has long been an advocate of national parks protections, and a critic of oil and gas development on public lands in the Western US. Cabinet watchers believe that will translate into a rollback of George W. Bush’s moves to open some federal lands to drilling — particularly in Utah. And, landowner groups, especially ranching groups, also have had kind words so far.

  TOM VILSACK DEPARTMENT OF AGRICULTURE

  THE DEPARTMENT: A powerhouse both in Washington and in rural America, the USDA does everything from providing support to family farmers to regulating food safety.

  THE NEW SECRETARY: Vilsack was a two-term governor of Iowa when, in 2006, he became a Democratic presidential primary opponent of Obama. He dropped out after three months, eventually becoming co-chairman of Senator Hillary Clinton’s campaign. Apparently the new president isn’t holding any grudges.

  THE EXPECTATIONS: The challenges for Vilsack are significant thanks to the current recession. The credit crisis has squeezed farmers; once-hot commodities are now sinking in value; and farmers big and small are cutting jobs to stay profitable. That’s put rural America, which depends on federal policymakers for direction, market regulation, and, often, hard cash, in a worrisome mood.

  STEPHEN CHU DEPARTMENT OF ENERGY

  THE DEPARTMENT: The main regulator of industries who generate and supply power — in all its literal forms — the Energy Department also funds hundreds of scientific research projects. THE NEW SECRETARY: Chu is a Nobel Prize-winning physicist, the first Nobel winner selected to a presidential cabinet. He is also the former head of the Lawrence Berkeley National Laboratory. THE EXPECTATIONS: Obama made a plethora of campaign pledges related to energy, and it’ll be Chu’s job to try and deliver. He’ll push to cap greenhouse gas emissions, change regulations related to offshore drilling, and move the U.S. away from foreign oil, in part by creating tax breaks and other incentives for development of renewable energy — including wind farms, which are of particular interest to large landowners such as T. Boone Pickens, whose Mesa Vista Ranch was featured in the Fall 2008 issue.]]> 1324 0 0 0 https://landreport.com/2009/01/the-land-report-looks-at-barack-obama/ Tue, 20 Jan 2009 19:00:39 +0000 https://www.landreport.com/?p=1369 The Land Report to look at the Commander-in-Chief himself. THE PRESIDENT ON POLICY: On the campaign trail, Obama promised to put “an unprecedented level of emphasis on the conservation of private lands.” He has backed conservation efforts – everything from the “Roadless Rule,” which limits development in wilderness areas; to the Conservation Reserve Program; to a measure backed by Sen. Charles Grassley (R-Iowa) that would reallocate $2 billion in federal funds by cutting payments to farmers and putting the money into land conservation. THE PRESIDENT’S PERSONAL LAND: The 43rd President, George W. Bush, hosted heads of state and lead the Free World from his 1,583-acre ranch in Crawford, Texas. Obama’s real property holdings are strictly urban: a $1.6 million house in Chicago’s Kenwood neighborhood and 200-year-old corporate digs in D.C. provided by his employer.]]> 1369 0 0 0 https://landreport.com/2009/01/illinois-land-auction-gins-24-million/ Mon, 26 Jan 2009 00:00:02 +0000 https://www.landreport.com/?p=1279 The sale, which was conducted by Aumann Auctions, featured property in parts of four townships in Macoupin and Montgomery  counties. According to local news reports, it was considered one of the largest in Central Illinois in the last few years and averaged $6,255 per acre.]]> 1279 0 0 0 https://landreport.com/2009/01/aspen-market-goes-downhill/ Fri, 30 Jan 2009 07:00:23 +0000 https://www.landreport.com/?p=1314 Sales numbers in Pitkin County totaled $1.37 billion (2008) versus $2.52 billion (2007). I tend to put more credence in these figures than the number of transactions because transaction totals include everything from land to condos and industrial space. According to the Land Title Guarantee Co., which compiled the figures, last year's totals were the lowest since 2003. Not surprisingly, the falloff has had an impact on local brokerages. Several have closed, and more than a few have downsized. According to Land Title, a similar percentage drop occurred in neighboring Garfield County, whose county seat is Glenwood Springs. Total dollar volume fell 41 percent to $723 million.]]> 1314 0 0 0 https://landreport.com/2009/02/cnl-acquires-jiminy-peak/ Mon, 09 Feb 2009 07:00:56 +0000 https://www.landreport.com/?p=1388

   CNL LIFESTYLE PROPERTIES ADDS JIMINY PEAK MOUNTAIN RESORT TO SKI MOUNTAIN PORTFOLIO

  (ORLANDO, Fla.) Jan. 28, 2009 — CNL Lifestyle Properties, Inc., a real estate investment trust (REIT) focused on lifestyle properties, announced today its acquisition of Jiminy Peak Mountain Resort, the largest ski and snowboard destination in southern New England. CNL Lifestyle Properties is purchasing the Hancock, Mass. property from Jiminy Peak Mountain Resort, Inc., for $27 million including all of the resort’s fixed assets. Jiminy Peak Mountain Resort, LLC, will continue to operate the resort under a 40- year lease including all renewals with CNL Lifestyle Properties.

  Established in 1948, Jiminy Peak hosts more than 350,000 skiing, lodging, conference, wedding and mountain adventure park guests annually. In 2007, Ski Magazine ranked Jiminy Peak among the top five family resorts in North America. It is the only mountain resort in North America that generates 25 percent of its total energy needs using wind power, including about half the power used to run the snowmaking machines and chairlifts. Jiminy Peak Mountain Resort, LLC, owned by Brian and Tyler Fairbank and Joseph O’Donnell is managed by Brian Fairbank, who has shepherded the mountain’s growth over the past four decades and will continue to be active in the day-to-day management of the property. “As Jiminy Peak celebrates its 60th ski season this winter, we are pleased to add this family-favorite mountain resort to our portfolio,” said Byron Carlock, president and CEO of CNL Lifestyle Properties, Inc. “As this year’s record number of nearly 71,000 skier visits thus far demonstrates, Brian Fairbank has done an admirable job creating an award-winning destination. We are pleased to support Brian and Jiminy Peak Mountain Resort, LLC, in their ongoing management of the mountain resort.”

  ]]> 1388 0 0 0 https://landreport.com/2009/02/by-the-numbers-rancho-sisquoc/ Mon, 16 Feb 2009 07:00:06 +0000 https://www.landreport.com/?p=1411 The Land Report can offer an exclusive look at this historic, 38,000-acre California landmark in the high mountains of Santa Barbara County as Land Report Editor Eric O'Keefe interviews Jim Flood. "Most people in California talk about Spanish land grants. There are very, very few Spanish land grants. The majority of the old properties in California are Mexican land grants. Ours is a Mexican land grant. "My father bought the property in 1952. We have about 38,000 acres. It’s essentially a rectangle about five miles wide and 10 miles long. All told it’s about 50 square miles and very steep. A lot of sagebrush on it. A lot of up and down. Rugged country. Annual rainfall is just 14 inches at the lower end of the ranch and about 18 to 20 inches higher up in the mountains. "Historically, they ran sheep on Rancho Sisquoc. We never did. The last couple hundred years or so, it’s been cattle. We have about 1,000 mother cows — Angus, Angus cross — and we breed them every year and sell the calves when they’re six months to a year old. "We planted 200 acres in 1968 — this is my father’s doing — and that makes us the second oldest grape grower in Santa Barbara County. Bob Mondavi came down and helped us get going. So did Andre Tchelistcheff and Maynard Amerine. They were curious. In 1972 we started off making 40 gallons. I think that’s what you’re allowed to make for a home winery. Now we have 400 acres planted in Cabernet Sauvignon, Chardonnay, Pinot Noir, Malbec, Merlot, Riesling, Sangiovese, Sauvignon Blanc, Sylvaner, and Syrah, and we’re up to 14,000 cases."

  RANCHO SISQUOC BY THE NUMBERS 2 principal cattle breeds Angus & Angus cross 14'' to 20'' annual rainfall 38 acres per animal unit 400 acres under vine 1,000 mother cows 1952 acquired by the Flood family 1968 first grapes planted 14,000 cases of wine produced 38,000 acres

  ]]> 1411 0 0 0 https://landreport.com/2009/03/ip-to-divest-143000-acres-in-southeast/ Mon, 09 Mar 2009 07:00:05 +0000 https://www.landreport.com/?p=1446 1446 0 0 0 https://landreport.com/2009/04/danish-pension-fund-buys-90000-acres-in-ny/ Wed, 01 Apr 2009 07:00:12 +0000 https://www.landreport.com/?p=1486 LandVest. The acreage will be managed by RMK Timberland Group, a business unit partner of Regions Morgan Keegan Trust and Morgan Asset Management, and is subject to both a fiber supply agreement with the current owners of the Finch Pruyn mill and a conservation easement. The Land Report reported on the original sale in the August 2007 issue and the estimated sales price per acre in 2007 was $683 per acre. According to the Timberland Blog, the 2009 purchase price was 180 million Kroners, which comes to about $361 per acre or almost 50 percent less than The Nature Conservancy paid two years ago primarily because of the conservation easement.]]> 1486 0 0 0 https://landreport.com/2009/04/billion-dollar-everglades-sale-drastically-downsized/ Fri, 03 Apr 2009 07:00:48 +0000 https://www.landreport.com/?p=1503 Florida's ambitious Everglades restoration plan has been drastically scaled back, a victim of the economic recession. Originally slated to be a 187,000-acre, $1.75 billion deal when announced in June 2008, the deal has gone back to the drawing board on two occasions. On Wednesday, April 1, Florida Gov. Charlie Crist announced the most recent revision of the ambitious plan: $533 million for 72,500 acres of citrus and sugar cane fields that presently belong to US Sugar.]]> 1503 0 0 0 https://landreport.com/2009/04/supreme-court-rules-9-0-against-hawaiians-land-claims/ Wed, 08 Apr 2009 14:00:02 +0000 https://www.landreport.com/?p=1521 Last week the nation's highest court ruled that Native Hawaiians do not have a legal claim to state lands totaling more than 1.2 million acres. Native Hawaiians as well as the state's Office of Hawaiian Affairs had asserted that a 1993 Congressional Apology Resolution by the federal government for the illegal overthrow of Hawaii's monarchy in 1893 had recognized the "inherent sovereignty of the native Hawaiian people." Read more at: "Court Rules Against Claim to Hawaiian Lands," L.A. Times, March 31, 2009.]]> 1521 0 0 0 https://landreport.com/2009/04/lance-armstrongs-ranch-for-sale/ Mon, 06 Apr 2009 07:00:34 +0000 https://www.landreport.com/?p=1540 Apparently retirement was just too boring for Lance Armstrong. The seven-time Tour de France winner ended his hiatus from cycling earlier this year and is currently in training for a shot at his eighth Tour title later this year. (Although that training had a setback with a nasty crash a few weeks ago.) Armstrong's return to cycling may be the reason why the Texan's 447-acre ranch outside of Austin has been on the market for a few months. The ranch, according to the popular men's gadget blog Uncrate, features more than seven miles of mountain biking trails, 1,886 feet of Pedernales River frontage, and ownership in Dead Man's Hole, a private swimming hole shared by area landowners. The asking price? $12 million. Along with the land you'll get a modestly sized 4,241-square-foot home. The interior, however, is far from modest as it appears more resort living than a home. Keep in mind if you plan to move there, the neighbors are quick to keep their little corner of heaven in pristine condition. Armstrong found himself in a tiff with his neighbors over Dead Man's Hole. It cost him $850,000 to clean up the clear-watered retreat after a dam built on his property leaked sediment into the water.]]> 1540 0 0 0 https://landreport.com/2009/04/florida-its-almost-like-a-fire-sale/ Mon, 13 Apr 2009 07:00:45 +0000 https://www.landreport.com/?p=1585 A University of Florida study has put a number on just how badly the economic crisis has impacted rural land values in the Sunshine State. The study concludes that land values plummeted 55 percent in 2008 from highs one year previously. The study focused exclusively on rural land, mostly those outside of urban areas that would have been hot spots for development just prior to the worldwide economic collapse.

  “In some cases, it’s almost like a fire sale,” said Rodney Clouser, the UF professor of food and resource economics who led the survey.

  The study found the northern part of the state most affected with values dropping the aforementioned 55 percent. Farmland, that which traditionally would be the main focus of The Land Report readers, saw declines that reached as much as 26 percent. What's worse is the predicted continued decline in 2009.

  Land prices are expected to continue their drop through 2009 – although not as dramatically as in 2008. Survey responses from individuals involved in the Florida real estate market predict an overall drop between 5 and 17 percent.

  ]]> 1585 0 0 0 https://landreport.com/2009/04/bell-ranch-gets-bigger/ Thu, 16 Apr 2009 07:00:37 +0000 https://www.landreport.com/?p=1603 1603 0 0 0 https://landreport.com/2009/04/val-kilmers-ranch-on-the-market-for-33-million/ Mon, 20 Apr 2009 07:00:05 +0000 https://www.landreport.com/?p=1631 Val Kilmer, star of Top Gun, Tombstone and Willow, has put his 5,970-acre Pecos River Ranch on the market for $33 million. John Watson of Orvis/Cushman & Wakefield has the listing. The Pecos River Ranch features more than five miles of frontage on its namesake river. Kilmer's 5,550-square-foot adobe home as well as an 1,800-square-foot caretaker's home, additional guest homes, barns, garages, and outbuildings are included in the sale. The ranch is located 8 miles from Pecos, 22 miles from Santa Fe, and 90 miles from Albuquerque. Kilmer, who is rumored to be considering a run for governor of New Mexico, has owned the property for nearly 15 years. He previously listed portions of the ranch for sale in 2006, but found no buyers.]]> 1631 0 0 0 https://landreport.com/2009/04/for-sale-montanas-sun-ranch/ Tue, 28 Apr 2009 07:00:40 +0000 https://www.landreport.com/?p=1652 The jury is still out on my definition of dream property, but I'll tell you this: Montana's Sun Ranch is definitely in the running. Nestled on 18,000 acres just outside of Yellowstone National Park in the Madison Valley, the Sun Ranch ranges from 5,700 feet to over 10,000 and is a sterling example of what a true steward of the land can do with a spectacular piece of property. Almost 100 percent of the ranch is protected by conservation easements. Three creeks — Sun, Moose, and Wolf — nurture more than a mile of the Madison River, which weaves its way through the property. Needless to say the fishing is out of this world. Elk, deer, bear, antelope, and sheep cross this country going to and from Yellowstone. Throw in a beautiful main residence, and this prime parcel is for sale at $55 million. Fay Ranches has the listing.]]> 1652 0 0 0 https://landreport.com/2009/05/sold-utahs-promontory-club/ Sun, 03 May 2009 07:00:58 +0000 https://www.landreport.com/?p=1663 Yet another twist to a story we've been covering out of Park City, Utah. Last year, the Pivotal Group, developers of the 7,200-acre Promontory Club, threw in the towel and sought bankruptcy protection. At stake was more than $350 million in loans packaged by Credit Suisse as well as a choice swath of 7,200 acres overlooking Utah's Park City. In bankruptcy court last month, the Promontory Club failed to sell. Guess who ended up with it? An affiliate of the Phoenix-based Pivotal Group. That's right: the developer who defaulted on $350 million in loans purchased the property out of bankruptcy. The price? $30 million. The 7,200-acre property features luxury second homes situated around Pete Dye and Jack Nicklaus golf courses and world-class skiing in nearby Park City.]]> 1663 0 0 0 https://landreport.com/2009/05/texas-senate-tackles-eminent-domain/ Sun, 17 May 2009 21:11:44 +0000 https://www.landreport.com/?p=1747 Four years after the Supreme Court handed down Kelo vs. New London, eminent domain reform continues. Earlier this month, the Texas Senate passed an amendment that would make it harder for the government to seize land from private landowners via eminent domain. The foundation of Senate Bill 18 is the provision that private land can not be seized and then redistributed for private use. The bill also calls for good faith negotiations and fair compensation. The amendment passed the Senate on a 31-0 unanimous vote and is now before the House, which is considering a separate amendment. If approved by the House, it would go before Texas voters in November. Also in the bill are several procedural definitions that call for transparency and accountability in the process. The language is as follows:
  • Spells out objective criteria for courts to follow to determine good faith negotiations. Requires condemning entities to follow those criteria, or risk paying attorney fees and court costs for the landowner.
  • Creates a "Truth in Condemnation Procedures Act," which requires a bona fide offer in writing.
  • Requires any condemnation procedure to be done in public and by a record vote.
  • Allows a property owner or their heirs to repurchase condemned property, at the original price paid for the property, if it is not utilized for public use after a 10-year period.
  • Requires all condemning entities to register with the state Comptroller. This will give the state a handle on how many and the kinds of entities having eminent domain power.
  • All of these provisions apply to all entities, not just governmental entities.
  ]]> 1747 0 0 0 https://landreport.com/2009/05/sold-yellowstone-club/ Tue, 19 May 2009 07:00:04 +0000 https://www.landreport.com/?p=1759 Yellowstone Club out of bankruptcy court yesterday. The Boston-based private-equity firm agreed to pay $35 million in cash and assume $80 million in debt owed to Credit Suisse. CrossHarbor will also infuse up to $75 million in working capital. CrossHarbor's principal, Sam Byrne, is a Yellowstone Club member, and has been closely following its fortunes. In 2008, CrossHarbor attempted to acquire the club for $450 million. According to the Bozeman Daily Chronicle, the sale capped a week of non-stop negotiations in the court of federal bankruptcy Judge Ralph Kirscher. The only other bidder was Credit Suisse, which in 2005 loaned $375 million to Tim and Edra Blixseth, the now divorced couple who jointly founded the club. As part of the final deal, Credit Suisse will be allowed to co-invest in the club with CrossHarbor. Credit Suisse also received additional assets, including Yellowstone Club real estate and a castle in France that the Blixseths had acquired. Unsecured creditors were recognized by the court as $19 million was set aside to pay local vendors, tradesmen, and others. This marks the second major bankruptcy ruling in as many months involving Credit Suisse. In April the Promontory Club outside of Park City, Utah, sold to the Pivotal Group for $30 million. Credit Suisse had put together a $350 million loan package for Pivotal, which it used to develop the resort community before seeking bankruptcy protection. According to the CrossHarbor website, the LLC "is an active investor in the distressed securities market. We invest in a wide variety of securities including real estate loans, corporate loans, and structured securities that are suffering from stress including monetary and/or technical defaults." Read more at: “Cross Harbor Wins Yellowstone Auction,” Bozeman Daily Chronicle, May 18, 2009.]]> 1759 0 0 0 https://landreport.com/2009/05/foreign-investors-buy-in-maine/ Thu, 28 May 2009 13:00:09 +0000 https://www.landreport.com/?p=1779 The figures were compiled by the Farm Service Agency from filings required by the Agricultural Foreign Investment Disclosure Act of 1978 and are available in this 178-page report.
  ]]> 1779 0 0 0 16346 http://waterfilterexpert.info 0 0 https://landreport.com/2009/06/interior-department-investigates-applications-by-renewable-energy-speculators/ Wed, 03 Jun 2009 07:00:56 +0000 https://www.landreport.com/?p=1818 Remember the Interior Department's ongoing investigation into possible abuses of the Royalty-in-Kind program? Now the department's Inspector General has started to look into possible abuses by companies seeking to develop renewable energies on BLM land. Three years ago, BLM received six applications for solar energy projects. In the last year? 130, including one for 300,000 acres from Cogentrix Solar Investments. The focus of the investigation is renewable energy companies as well as speculators that have applications pending for BLM leases and are seeking to be acquired based on the value of those applications. According to the LA Times:

  Officials said last week that the inspector general's office of the Department of the Interior was investigating Tempe, Ariz.-based First Solar Inc.'s recent acquisition of Hayward, Calif.-based OptiSolar, and its unfinished renewable energy projects, for $400 million.The deal gave First Solar control of what the company described as OptiSolar's "strategic land rights" to 136,000 acres of public land in San Bernardino, Riverside and Kern counties.

  In acquiring OptiSolar, First Solar acquired the lease applications, not the land itself. Those applications are no guarantee according to Greg Miller of the BLM. "There is no value associated with a mere application, which could be rejected by us for a variety of reasons," Miller told the Times. As a result, application approvals for solar energy projects have been suspended while officials sort out what's going on. Read more at: “Renewable Energy Sparks a Probe of a Modern-Day Land Rush,” Los Angeles Times, June 1, 2009.]]> 1818 0 0 0 https://landreport.com/2009/06/tour-the-flying-d-with-ted-turner/ Mon, 15 Jun 2009 07:00:20 +0000 https://www.landreport.com/?p=1841 Want an opportunity to meet the top gun on The Land Report 100 on one of his many ranches? Now you can, thanks to a Montana fundraiser. Tickets to tour Ted Turner's 119,000-acre Flying D Ranch are still available, and they're going for $1,500. Proceeds go to the Greater Yellowstone Coalition; Turner is a board member. Your $1,500 fee gets you a driving tour of the ranch from the nation's largest landowner, cocktails on his back porch, and a dinner featuring ranch-raised bison. Turner has the world's largest private herd of bison, which he raises on the Flying D and markets through his restaurant concept, Ted's Montana Grill, with over 50 locations in 18 states. At last report 10 of the 60 tickets remained. Read more at: “Enviro Group Plans Fundraiser at Turner Ranch,” Billings Gazette, June 5, 2009.]]> 1841 0 0 0 https://landreport.com/2009/06/crossing-the-divide-with-al-biernat/ Mon, 15 Jun 2009 00:00:35 +0000 https://www.landreport.com/?p=2242 When it came to the Colorado hamlet of Creede, it was love at first sight for Dallas restaurateur Al Biernat (standing front and center with wife Jeannie and writer Trey Garrison). And what’s not to love about Creede? Nestled among high rocky cliffs on the eastern side of the Continental Divide, the historic mining town is the picture-perfect home of just 400 year-round residents. The rest of the year, tens of thousands of tourists and part-timers cruise through. Best of all, it’s not a ski town. Unlike Vail or Aspen, there’s no crush of obnoxious fashionistas clamoring for lattes or sashimi. Consequently, snug cabins and larger retreats range in price from ridiculously affordable to seven-figure splendor. BY TREY GARRISON PHOTOGRAPHY BY GUSTAV SCHMIEGE PUBLISHED SUMMER 2009 But Creede is no backcountry village. A tiny little Whoville of sorts, Creede boasts a slew of incredible little restaurants, art galleries, and the Creede Repertory Theatre, which has won acclaim from high-minded New York drama critics. The hunting is so rewarding that people wait years to get a permit to stalk elk, moose, and other trophy critters. The fly-fishing on the Rio Grande and its tributaries attracts anglers from around the world. And just four percent of the land in Mineral County is privately owned. The rest is controlled by the U.S. Forest Service. Enter Al Biernat, a self-made success who worked his way up from bussing tables at the Palm Restaurant in Los Angeles to running the Palm’s Dallas locale as its GM. When a lease came up on a prime piece of Dallas real estate, he signed on the dotted line and created the dining establishment that now bears his name. Creede was a dream come true–a place of solace, relaxation, and recreation to share with his family and friends–so he and his wife, Jeannie, bought a 30-acre plot in a delicate Alpine zone at 10,600 feet. The land is regulated by the Mineral County Alpine Zoning Commission, and Biernat has a thick stack of regulations to prove it. Everything from the size of structures to the materials he could use is spelled out. Surrounded on three sides by Forest Service land, he believed his cherished investment would be protected from the over development that has plagued other Colorado towns. Since 2005, Biernat has put a substantial amount of his hard-earned cash into his cabin and the surrounding property. “It seemed the perfect little secret place,” Biernat says. “I had no idea what could be coming.” But he should have. Until the mid-1980s, Creede was a mining town, site of Colorado’s last big silver strike. Since then, however, the only miners have been tourists, picking up bits of quartz and the occasional fleck of pyrite (better known as fool’s gold). Biernat was positive this peaceful oasis was immutable. He was so sure of it that he believed mining could never come back. That’s why he signed his deed, despite a standard print disclaimer and warning right above the signature line stating that he was not buying the patented mineral rights to his land. And yet, from 2007 through the end of 2008, mining returned–exploratory mining for untapped veins of nickel, silver, lead, and gold. The prospect sent Biernat and a good number of local landowners into a tailspin of worry and doubt. They weren’t just concerned about the light and noise pollution from drilling operations or the heavy truck traffic on narrow, winding passes. Biernat was in a bind because while he owned the surface rights to his property, someone else owned the patented mineral rights. And the implications are enormous. Different parties often own the surface and the subsurface rights. These interests may have been created through the reservation of the minerals by the government or may result from a decision by a landowner to sell their mineral interests. Mining claims are initially unpatented claims, which give the right only for those activities necessary to explore and mine. Much as farmers could obtain title under the Homestead Act, miners can obtain a patent (a deed from the government). The owner of a patented claim can put it to any legal use. Bottom line? If extractable ore were found beneath his property, the subsurface rights owner can force landowners such as Biernat to sell. Beyond that, full-scale mining would shatter the sanctity of the Continental Divide. Biernat’s 1,000-square-foot, loft-style cabin is something out of a Ralph Lauren catalog. It’s cozy, rustic, gorgeously decorated, and at night you get a better view of the stars than the Hubble telescope. Biernat had planned to build a larger cabin and turn his existing one into a guest house. He had already added a barn-style garage for his truck, his ATVs, and the snowmobiles that are the only way to and from the cabin in winter. Needless to say, the return of mining put an end to Biernat’s construction plans. But to many longtime locals, another possibility loomed: Was their dream of mining going to come true? After the closure of the last active mine in 1985, Creede recreated itself as a tourism hub. But tourism is a fickle trade, which even opponents of mining admit. Ed Vita, an ex-techie who moved to Creede to get away from the rat race, owns two businesses in Creede. In the winters he runs San Juan Snowcat, and he owns the popular Old Miners Inn, where you can enjoy a mean pizza and the requisite adult beverage. We sat outside on the inn’s upstairs deck, and Vita admitted he tentatively supports the return of mining. “It’s all exploratory. Until I see the numbers and the contracts, I’m not counting on anything. I know there will be some impact on the tourist industry, but it can be hard surviving here in the winter months when it’s just the 400 locals circulating the same dollars,” Vita says. But businessmen like Avery Auger, president of Creede America Group, love the idea of mining coming back to Creede. Creede America is developing custom homes that start in the $300,000 range. Auger is not concerned about mining. In fact, he expects to draw potential buyers from the mining operations, at least from among those in management and high-tech positions that command six-figure salaries. His development overlooks Creede and is protected by an earthen berm that blocks sight and dampens noise. “This town needs this kind of business to grow,” Auger says. “This is only going to increase property values and bring money this town needs.” Brian Egolf agrees. Egolf first came to Creede with his grandfather when he was only two years old. As years passed, Egolf thought someday he would relocate to Creede permanently. After finding his way he watched the mines close. He swore one day he would reopen them. Over the last decade, Egolf gathered patented mineral rights for large swaths of land around Creede. A savvy businessman, he knew that the depressed price of minerals wouldn’t last forever and approached Idaho-based Hecla Mining. Egolf wanted Hecla to come to Creede, test the mines, and, if profitable, oversee production. “I’m really hoping that we can revitalize Creede, so that people can stay and earn a good living and that their children won’t leave as soon as they graduate high school, because there will be opportunities here,” Egolf says. Hecla’s exploratory plans called for three years of exploratory mining in a 36-square-mile area, an investment of more than $12 million. But when mineral prices declined, Hecla suspended operations. Although it promises to resume exploration in the near future, many in Creede are doubtful it will return anytime soon. That’s no relief to Biernat, who is still considering a new house, a new well, and solar power. If commodity prices rebound, mining could come back. “Do I put the money in and risk losing my investment?” Biernat asks. “I don’t know.” Active mining operations around a recreational retreat could drive down property values long before Hecla might acquire Biernat’s cabin. Although it’s appraised at $550,000 right now, it would be worth much less if mining resumed. When Biernat first saw his land, everything convinced him his investment would be protected. Set in an Alpine zone, it is surrounded by Forest Service land. Brokers emphasized how mining was dead and that the town had been reinvented as a cultural and recreation hub. But unless an area is declared a wilderness, the U.S. Forest Service allows activities on federal land like mining, timber harvesting, and grazing. To be fair, the fact that Biernat would not own the patented mineral rights wasn’t exactly in fine print. Biernat is a smart businessman and took a risk. And, he admits, despite all his anxieties, he doesn’t think he’d do anything different. “I knew I was taking a little bit of a gamble,” Biernat admits. “I should have read things more closely. But I’ll be honest. If I could go back and do it again, I would, no matter what the stress and worry has been. Just the memories I built with my children and my wife make it worth it. I just wish I could be sure our investment would be safe over the long haul.” While some of the specifics of his case are unique to Colorado law, the issue of patented mineral rights is a federal one. From coast to coast and everywhere in between, the potential for profit from subsurface minerals means that if a landowner hasn’t secured those rights, it could place their investment at risk. Caveat emptor should be every landbuyer’s watchwords, even if they have competent lawyers and erstwhile brokers on their side. Should you find that dream spot, it just may not be possible to acquire the mineral rights to go with the surface estate. At that point, you have to measure the risk, and decide if it’s worth it. For Biernat, it most definitely has been. But it’s not something he takes lightly. Every time he talks about the issue, you can see the concern etched on his face and the troublesome pall on his otherwise optimistic visage. “I love that town, I love the fact that it’s an artists’ community, and I love the people,” he says. “It’s taken me so long to really start to fit into the town, and I’d hate to have to leave it. But I’m blessed. I have that option. What about the guy who doesn’t have that choice?”]]> 2242 0 0 0 https://landreport.com/2009/06/western-massachusetts-to-become-national-forest/ Wed, 17 Jun 2009 07:00:22 +0000 https://www.landreport.com/?p=1860 Former Governor Mitt Romney's proposal to designate the Berkshires and all of Western Massachusetts as national forest is being considered once again. Massachusetts is one of just six states without national forest designation, a situation the Romney administration sought to counter in 2003. A key aspect of the proposal being considered is that the federal government would not acquire any private land. Instead, it would seek easements from local property owners to restrict development and thus allow the land to remain on tax rolls. The proposed Massachusetts model, which is being called a "family-forest based" designation, is being pitched as a partnership between private landowners, the state, and the federal government. "Landowners would retain the rights to own the lands, but sell their right to develop it," said Lisa Capone of the state's Executive Office of Energy and Environmental Affairs. "The land also remains a working forest, with some level of access to outdoor recreation and protection from commercial development. Massachusetts would be the first state to have the land-easement concept."]]> 1860 0 0 0 https://landreport.com/2009/06/crescent-resources-files-for-chapter-11-bankruptcy/ Mon, 15 Jun 2009 07:00:57 +0000 https://www.landreport.com/?p=1862 Charlotte-based Crescent Resources filed for bankruptcy protection in Austin on June 10 listing assets and liabilities in excess of $1 billion. Founded in 1969, the developer is owned by Duke Energy and Morgan Stanley's real-estate fund unit and has interests in 35 residential and commercial projects in 10 states, including country-club communities, mixed-use developments, and Class A office space in the Southeast and Southwest. Crescent lost $420 million in 2008, according to the Charlotte Observer, and will seek protection from as many as 10,000 creditors. The company issued the following press release at its website:

  Crescent Resources announced that, as part of its ongoing strategy to reduce the company’s debt level and improve its capital structure, Crescent Resources, LLC and certain of its subsidiaries have filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court in the Western District of Texas, Austin Division. The company intends to operate its continuing businesses without any significant interruption during the restructuring process. In addition, the company has obtained a Debtor-in-Possession financing facility of $110 million from a group of its existing lenders, which will provide sufficient funds to operate its ongoing business activities. Crescent also announced today that Arthur Fields, chief executive officer of Crescent Resources, has retired from the company and will continue to work with the company in an advisory capacity. Effective immediately, Andrew Hede, Crescent’s chief restructuring officer, will also serve as chief executive officer. Mr. Hede, a managing director with Alvarez & Marsal North America, LLC, has more than 15 years of financial restructuring and business experience. Mr. Hede has worked with numerous companies, including national and regional homebuilders and real estate developers, to develop and implement financial and operational restructurings and recapitalization strategies. “We have been in active discussions with our lenders and other stakeholders as we work towards an agreement that will bring our capital structure in line with the current economic environment,” said Andrew Hede. “Those discussions are continuing, and we are pleased with the ongoing support we have received from our lenders. We believe this process will lead to a stronger financial foundation for the company and its stakeholders and that it will better position us to serve our customers and partners over the longer term. “Despite the unprecedented challenges facing the real estate industry, we believe Crescent's underlying business model is solid, and our assets remain very attractive. We are encouraged that our lenders have agreed to provide additional funding to support our continued operations and allow us to maintain the high level of service and amenities our customers have come to expect. We intend to reach an agreement on our new capital structure and emerge from bankruptcy quickly,” Hede continued.“ On behalf of the Board and all the employees of Crescent, I would like to thank Art for his tremendous service to Crescent and the entire real estate industry over his long and successful career,” continued Mr. Hede. “He was instrumental in building Crescent into one of the leading real estate development companies in the country, and we are pleased that he will continue to serve as an advisor to the company.” “Crescent Resources has the best assets and more importantly the most dedicated and passionate employees in the industry. I am confident that this restructuring will position the company better for the future,” said Mr. Fields. “It has been a privilege to work with such a talented team. I can move on secure in the knowledge that Crescent will build on its track record as one of the leaders in the real estate industry.” As part of its Chapter 11 filing, the company is seeking Court approval to make certain payments and to maintain key agreements with employees, customers, vendors and partners of continuing operations to ensure the company can maintain its commitment to delivering a high level of amenities and services.

  About Crescent Resources Crescent Resources, LLC, is a land management and real estate development company with interests in 10 states in the southeastern and southwestern United States. Based in Charlotte, Crescent Resources is a joint venture between Duke Energy and Morgan Stanley Real Estate Fund. Established in 1969, Crescent creates mixed-use developments, award-winning country club communities, single-family neighborhoods, apartment and condominium communities, Class A office space, business and industrial parks and shopping centers. Visit www.crescent-resources.com for more information.]]> 1862 0 0 0 https://landreport.com/2009/07/sonia-sotomayor-property-rights/ Sun, 05 Jul 2009 07:00:51 +0000 https://www.landreport.com/?p=1895 The current issue of The Land Report takes an in-depth look at Obama Administration and the American Landowner. Since that issue came off the press, the President has already been faced with a crucial task: nominating a replacement for Supreme Court Associate Justice David Souter. His choice? Federal appeals court judge Sonia Sotomayor. Next Monday, July 13, the Senate Judiciary Committee will begin her confirmation hearings. Landowners will be paying particular attention to Judge Sotomayor regarding property rights, in particular, Kelo v. City of New London, the controversial 2005 decision that sparked a national uproar. What will her stance be? Insight can be gleaned from her role in an important test of Kelo that took place in 2006: Didden v. Village of Port Chester. According to The New York Times:

  The case arose from a meeting in 2003 between Mr. Didden, who owned property in Port Chester, N.Y., and an executive of a company that had been designated by the village to develop a 27-acre urban renewal area that included part of the property. What happened at that meeting, Mr. Didden said, amounted to extortion. Mr. Didden had made arrangements to put a CVS drug store on his lot. At the meeting, the executive, Gregg Wasser, demanded $800,000 as the price for permission to proceed with that project, Mr. Didden said in court papers. The alternative, Mr. Wasser said, according to the papers, was to have the village condemn Mr. Didden’s property so that Mr. Wasser’s company could put a Walgreen’s in the same place. “Here is a private person standing in the shoes of the government with the power to condemn or not condemn,” Mr. Didden said. “The $800,000 wasn’t going to rehabilitate a public park or build a soccer stadium. It was going into his pocket.” Mr. Didden refused. The next day the village condemned his property.

  As The Times points out, when Didden's appeal reached the Court of Appeals for the Second Circuit, his case was rejected with a terse, unsigned decision. The response has not been favorable:

  The ruling in Didden is not popular among some property rights and constitutional law professors. Eight of them filed a brief in 2006 unsuccessfully urging the Supreme Court to hear an appeal. “This is the worst federal court takings decision since Kelo,” said Ilya Somin, who teaches property law at George Mason University and helped write the brief. “It’s very extreme, and it is significant as a window into Judge Sotomayor’s attitudes toward private property.”

  Read more at: Issue of Property Rights Is Likely to Arise in Sotomayor’s Confirmation Hearings New York Times, June 15, 2009]]> 1895 0 0 0 https://landreport.com/2009/06/soros-and-rothschild-look-to-land/ Mon, 22 Jun 2009 07:00:53 +0000 https://www.landreport.com/?p=1897 As millions of landowners already know, investing in a piece of property does more than just bring piece of mind. It can bring an excellent return. This story is one worth repeating, particularly in today's economic climate when Americans have witnessed the demise of blue chip investments such as AIG, Bear Stearns, and Circuit City. But landowners aren't the only ones with an eye to a good return. As the following article from Fortune attests, some of the world's savviest investors recognize the potential for substantial returns, including hedge fund manager George Soros and banking scion Jacob Rothschild. Pay particular attention to the paragraphs that focus on Shonda Warner, an ex derivatives trader for Goldman Sachs who launched Chess Ag Full Partners, an investment firm that acquires undervalued farmland.

  In exchange for a seven-year lockup, a 2% management fee, and 20% of profits, she figures she can deliver the investors in her first fund an annual return of 13% to 16% — about 4% to 6% from crop yields, around 8% from land appreciation, and the rest from hedging. Based on historical returns for farmland, that's an attainable goal. According to research by Terry Kastens and Kevin Dhuyvetter, professors of agricultural economics at Kansas State University whom Warner recruited to be advisory partners in her fund, the average annual return on U.S. farmland since 1950, including crop yield and land appreciation, is 11.5%, vs. a 12% annualized total return for the stock market. And the farm returns actually came with about half the volatility of stocks.

  Read more at: Betting the Farm, Fortune, June 10, 2009.]]> 1897 0 0 0 https://landreport.com/2009/06/duke-energy-makes-major-investment-in-greentrees/ Tue, 23 Jun 2009 07:00:58 +0000 https://www.landreport.com/?p=1952 Duke Energy has become the lead investor in GreenTrees, a privately managed forest restoration program created and managed by C2I for landowners in the Lower Mississippi Alluvial Valley: Illinois, Missouri, Kentucky, Tennessee, Arkansas, Mississippi, and Louisiana. This enormous valley once held 24.7 million acres of forest and emergent wetlands. Today more than 18 million acres — or 80 percent — has been cleared, resulting in the loss of critical natural habitat. The program is expected to generate high-quality, verifiable carbon offsets that Duke believes will help reduce the overall cost of compliance with federal climate change legislation. Duke’s initial investment will result in the planting of more than 1 million trees on approximately 1,700 acres in Arkansas. GreenTrees is designed to create, enhance, and sustain conservation and wildlife benefits from afforestation. GreenTrees provides landowners the most economic and environmental value for each acre of trees planted. The program utilizes a specific inter-planting of 302 cottonwoods plus 302 mixed hardwoods per acre. The specific design of 302/302 delivers more conservation value, more carbon, and better sustainable hardwood revenues than a previous design of 302 cottonwood and 151 hardwoods. In exchange for the landowners' long-term lease to prevent reversibility, GreenTrees offers a variety of short and long-term income opportunities. Landowners can simultaneously enroll the same qualified acres into GreenTrees, CRP, and other conservation practices, thus receiving multiple financial incentives and incomes together. GreenTrees was founded by Izaak Walton League of America board member Carey Crane and Texaco Chevron Conservation Award recipient Chandler Van Voorhis. Both men have received great inspiration from Crane’s mother, Maggie Bryant. Bryant is a past-two term Chairperson of the National Fish and Wildlife Foundation and retired from her board position in 2001. She has been awarded the prestigious Chevron Conservation Award as well as the Governor's Award for Conservation in Mississippi, and she continues to be active in conservation measures around the world. Landowners are enthusiastic about GreenTrees. Arkansas landowner Brandon Stafford is a recent enrollee. Stafford found himself with 210 acres of un-irrigated farmland that he had to do something with. He enrolled it in CRP and GreenTrees. After the initial planting and subsequent sprayings Brandon says, “It’s amazing what the trees are doing.” The CRP and GreenTrees programs work in concert for him. Currently over 2,500 acres from 20 landowners are enrolled in the program. To learn more about GreenTrees, visit their website: www.green-trees.com.]]> 1952 0 0 0 https://landreport.com/2009/09/sold-steamboats-perry-ranch/ Tue, 08 Sep 2009 07:00:16 +0000 https://www.landreport.com/?p=1959 A well-known Rocky Mountain landmark, Colorado’s 470-acre Perry Ranch, sold for $11 million ($23,000+ per acre). The sellers paid $13 million for the Routt County ranch in 2007 intending to improve it and then market it as a conservation development property, but last year’s recession squelched those plans. Hall & Hall’s Brian Smith in Steamboat Springs represented the seller. Tim Casey of Mountain Marketing Associates in Breckenridge represented the buyer. The transaction closed on June 30. The original asking price of $25 million dropped to $19.5 million and then to $16 million last year when the economy tanked. “This sale is very indicative of what we’re now seeing: 15 to 25 percent off market highs,” says Smith, referring to the spread between the sellers’ purchase price in 2007 and the 2009 sale. “Buyers who are not trying to pinpoint the bottom of the market can find all sorts of opportunities. A lot of sellers, particularly those with a higher basis in a property, are recognizing current market conditions and adjusting their asking price,” says Smith. “What made this property such an outstanding opportunity was the size of the parcel and its proximity to downtown Steamboat Springs. The south fence line is literally one mile to the city limits. One minute you’re tucked away by yourself in a lush little valley with aspen groves and Soda Creek. Hop in your truck and five minutes later you’re on Main Street. Best of both worlds. It’s extremely difficult to find that combination near a resort town, whether it’s Steamboat, Vail, Aspen, Telluride, Jackson, or Sun Valley.”]]> 1959 0 0 0 https://landreport.com/2009/08/for-sale-pineywoods-mitigation-bank/ Tue, 25 Aug 2009 07:00:47 +0000 https://www.landreport.com/?p=2097 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 US Army Corps of Engineers. The Pineywoods Mitigation Bank is the result of six years of cooperation between The Conservation Fund and GMO Renewable Resources, entities that have spent more than $2 million extracting all of the permitting and execution risk out of the project. A contiguous block of 19,079 acres of valuable habitat, the bank is located in the middle of the Neches River basin and provides a corridor between the Davy Crocket and the Angelina National Forests. Its large size and the concentration of sensitive wetland habitat on 13,000 acres are two of its many distinctions. The Conservation Fund and GMO Renewable Resources seek to sell the bank as a whole to a buyer who can fully focus on the monetization of the $85 million in potential credit value. The estimated net present value of the wetland mitigation credits is about $40 million with an 18% discount rate. “Pineywoods Mitigation Bank is truly a unique piece of property managed for the conservation of natural resources while providing mitigation opportunities,” says Tom Margo, Director of Real Estate Sales at AFM Real Estate, the listing broker. The owners recognized the importance of this area and put a plan in place focused on conservation and enhancement. All of the necessary approvals and permits are in place, a rare find for a property of this size and with these characteristics.” The timeline for the bidding process is as follows: - Indicative offers due September 1, 2009. - Binding offers with deposit due November 1, 2009 - Closing prior to December 31, 2009.]]> 2097 0 0 0 https://landreport.com/2009/09/join-the-land-report-at-al-biernats-this-thursday-night/ Sun, 13 Sep 2009 07:00:40 +0000 https://www.landreport.com/?p=2147

  

  Come join The Land Report as we celebrate one of America's great landowners: Al Biernat! From the Continental Divide down to the Colorado town of Creede, the adventures of the Dallas restaurateur were chronicled in a compelling narrative by Trey Garrison and documented with lush photography by Gustav Schmiege. Enjoy a cocktail. Grab a magazine. Sample passed hors do'oeuvres prepared by the inimitable Michael Weinstein and his kitchen staff. And congratulate Al and Jeannie on trading the summer heat of Dallas for the cool breezes of Colorado! Date: Thursday, September 17 Location: Al Biernat's Private Dining Room Address: 4217 Oak Lawn Ave Dallas 75219 Hosts: Editor Eric O'Keefe and Publisher Eddie Lee Rider Doors Open: 5:30 Presentation: 6:15 Lock Down: 7:30 RSVP to (214) 219-2201 or to brad@albiernats.com]]> 2147 0 0 0 https://landreport.com/2009/10/northeastern-landowners-get-165m-for-natural-gas-rights/ Thu, 15 Oct 2009 07:00:44 +0000 https://www.landreport.com/?p=2249 A coalition of landowners in one of the country’s emerging natural gas hot spots has reached an agreement to lease 30,000 acres to Fortuna Energy for natural gas drilling rights. The $165-million, five-year deal for Marcellus Shale drilling rights comes out to $5,500 per acre, plus royalties. The Friendsville Group is made up of 600 property owners in Susquehanna and Bradford counties in Pennsylvania, and in Broome County, New York. Individual owners will have the option to extend the lease for another three years, making it a “one-size-fits-all” deal, according to Pat Flaherty, who helped negotiate the deal. Other perks to landowners were included in the deal, including approval of developmental plans and retaining rights to other minerals on the property. “It’s by far the best offer we’ve seen,” said Larry Barrack, a Pennsylvania property owner who spoke with Gannett reporter George Basler. Fortuna , a subsidiary of Calgary-based Talisman Energy, is one of North America’s largest independent producers with more than 22,000 oil and gas leases. Landowners in Pennsylvania can expect payment within 90 days of signing the agreement, Fortuna officials said. Given the current moratorium on oil-and-gas drilling in New York, the Broome County leases — primarily in Binghamton and Vestal — will be structured differently, giving landowners $500 per acre when the lease is signed and the remaining $5,000 per acre once the moratorium is lifted. The New York Department of Environmental Conservation (DEC) plans to release results from an environmental impact report this fall.]]> 2249 0 0 0 16355 0 0 https://landreport.com/2009/10/nebraska-governor-to-address-wind-conference/ Tue, 20 Oct 2009 07:00:30 +0000 https://www.landreport.com/?p=2268 Governor Dave Heineman is slated as one of the keynote speakers next month at the Nebraska Wind Power 2009 Conference. Scheduled for November 9th and 10th in Kearney, the conference will feature nationally known experts on wind and wind power and focus on numerous issues of vital interest to landowners seeking to capitalize on this opportunity to generate revenues from renewable energy. According to the National Renewable Energy Laboratory, wind energy is one of the fastest-growing forms of electricity generation in the world. The United States can currently generate more than 25,000 megawatts (MW) of electricity from the wind, which is enough to power about 7 million average American homes. Industry experts predict that, with proper development, wind energy could provide 20 percent of U.S. energy needs. For more information on the Nebraska Wind Power 2009 Conference, read HERE.]]> 2268 0 0 0 https://landreport.com/2009/10/heath-shuler-eye-on-the-prize/ Sun, 25 Oct 2009 00:00:05 +0000 https://www.landreport.com/?p=2271 Growing up in the 1970s, Heath Shuler saw quail hunting disappear from the mountains of his native North Carolina. “It occurred to me early on that if I wanted to hunt quail, I might have to buy property with good habitat,” he says. Nowadays, that’s no small feat, especially in the Southeast where bobwhite populations have been declining for the past half-century due to changing land use. But Heath Shuler has never been a man of modest goals. PHOTOGRAPHY BY AMBER HUMPHRIES & GRETA REYNOLDS PUBLISHED SUMMER 2009 After a record-setting career as quarterback at the University of Tennessee, a second-place finish in 1993 Heisman Trophy voting, and several years in the NFL, he founded Heath Shuler Realty and grew it into one of the largest independent real estate firms in the South. Naturally, he kept an eye out for the best hunting and fishing properties. “I’ve always wanted to invest in and be involved with property with excellent wildlife habitat,” he says. “That’s very important to me.” But it was his career as a football star that led him to his dream property. Several years ago, at the annual Quail Unlimited Celebrity Quail Hunt, Rocky Evans, the organization’s longtime president, told him about a prime quail plantation in South Georgia. In 2003, with the money from the sale of a Knoxville property, he bought a stake in Wynfield Plantation (www.wynfieldplantation.com) in the storied quail country near Albany. One of only 24 Orvis Endorsed Wingshooting lodges, Wynfield was named the plantation Wingshooting Lodge of the Year in 2005. October through March, Wynfield welcomes quail hunters, their families, and hunting dogs to some of the South’s best quail hunting, sporting clays, dining, and accommodations. Now imagine the scene: A classy brace of English setters, high on both ends, locked up tight on a covey of bobwhites amid the pines and knee-high sedge. A pair of hunters approach, one with a Labrador retriever at heel. They position themselves for clear shots, and the dog handler sends his Lab in for the flush. The birds whir out the grass, boring away toward the nearest escape cover, trying to put trees between themselves and the hunters. All the while, the setters remain steady. The guns thump four times; four birds fall. Having stopped at the flush, the Lab marks two of the downed birds. On command, she fetches them both, sitting to deliver. With the “dead bird!” command, the setters snort up the other two birds and bring them to hand before being cast in search of another covey. A passage from a Nash Buckingham story? Actually, similar scenes play out nearly every fall and winter day at Wynfield Plantation. Heath is serious about his dogs and shooting. “I started out as a kid hunting squirrels on those steep ridges around home,” he says. “As soon as I got big enough, I graduated to what I consider to be the most challenging game bird in the world — the ruffed grouse. A dog that can handle grouse can handle anything.” Later, when he wasn’t playing football or closing real estate deals, Heath worked his Labs at the highest levels of amateur field trail competition and field testing. Several of his dogs achieved Master Hunter level in the American Kennel Club testing program. In 2006, Heath’s schedule went from full to packed when he defeated an eight-term incumbent Republican to win a seat in the U.S. House of Representatives. He was reelected by a landslide in 2008. He’s a member of the Blue Dog Coalition, a caucus of moderate and conservative House Democrats. His district covers most of his home region in the mountains of Western North Carolina. As Chairman of the House Subcommittee on Rural Development, Entrepreneurship, and Trade, he sponsored and shepherded into law the Small Energy Efficient Business Act, which stimulates growth in alternative energy markets by increasing investment in small producers. True to his conservationist sensibilities, he sponsored legislation aimed at developing biomass and carbon trading markets for private forest owners, and he continues to work closely with the Environmental Protection Agency on the assessment and cleanup of a large, contaminated former electronics manufacturing site that threatens water supplies in his home district. He takes stewardship and roots very seriously. In 2007, realizing that he simply didn’t have time to be involved in the plantation’s day-to-day business, Heath hired his longtime friend Mike Osteen, a veteran professional dog trainer, as general manager and head trainer. At Wynfield Plantation, Mike and two other trainers work a kennel of English pointers, English Setters, German shorthaired pointers, English cocker spaniels, springer spaniels, Brittanies, and Labrador retrievers. The staff also takes on a limited number of outside dogs for training. Most years, the Wynfield kennel produces several litters of puppies out of championship bloodlines. A few of these pups are chosen to replenish the kennel. The rest are offered for sale. Mike considers, Labs, English setters, and English cockers kennel specialties. Wynfield is a member of the Orvis-Endorsed Breeding and Training program. Wynfield shooting dogs learn their trade in some of the best quail habitat in the Deep South — nearly 1,900 acres of open longleaf pine uplands and classic Southern bottomland with Spanish moss-draped live oaks. The staff controls encroaching brush and stimulates growth of forbs and legumes through prescribed burning, which mimics the natural, cleansing fires that maintained the open, grassy longleaf ecosystem prior to settlement. Heath and his guests do most of their hunting on foot, so Wynfield pointing dogs are bred and trained to hunt at medium range: 100 to 200 yards. However, Mike Osteen says that the dogs range as wide or as close as they need to. Mature dogs are steady to wing and shot, and spaniels and retrievers generally stay at heel until sent to flush or retrieve, although they’ll quarter within shotgun range when the situation calls for it. “I love it when we have multiple birds down so that we can let the Labs and cockers practice blind retrieves,” Heath says. They’ll pick up the ones they mark, and then we’ll handle them to the others. You read right. English cocker spaniels running blind retrieves: taking lines, sitting at the whistle, and responding to hand signals. Sure, you’d expect that from a decent Lab, but a cocker spaniel? Clearly we’re not talking about the typical neurotic, bug-eyed, coiffed American cocker or even the average working English cocker. This is high-end spaniel work. But Wynfield welcomes all comers. “By all means, bring your own dogs,” Mike says. “Sure, we’ll provide guides and dogs, but real dog people want to hunt with their own dogs. If your dog has a few problems out in the field, we’ll make suggestions for fixing them, or, if you prefer, we’ll fix them for you. We customize the experience so that everyone feels comfortable.” That same attitude extends to gunning as well. Wynfield gunsmiths and gun fitters custom build shotguns to individual specification or modify guests’ guns for better fit. Rental guns are also available for guests who chose not to bring a gun. Heath’s wife, Nikol, though not a hunter, enjoys shooting sporting clays on the Wynfield course. He and his eight year-old son, Navy, hunt with Mike Osteen and his sons, eleven-year-old Grant and nine-year-old John. This past quail season, Navy shot his first quail on the rise. “He’d been watching the older boys and was waiting for his chance,” Heath says. His first bird, on the wing, over a good dog, is a huge deal. Now he’s hooked. He’s a hunter for life.” Ultimately, Heath’s relationship with his land is about creating memories. “Nowadays, my kids get all excited about staying in ‘their cabin,’ or sleeping in ‘their bunk.’ My four year-old daughter, Island, fishes in the lake and gets to ride on the four wheeler.” “For Heath, the dog training and hunting really serve as an escape from the pressures of Washington and the demands of his business, and gives him a chance to spend time with his family,” Mike says. “I’ve known Heath for a long time, and he’s more mesmerized by this place than by anything else he’s experienced. Considering Heath Shuler’s experiences so far, that’s saying something. ]]> 2271 0 0 0 https://landreport.com/2010/02/americas-largest-landowner-announces-renewable-energy-venture/ Wed, 03 Feb 2010 07:00:44 +0000 https://www.landreport.com/?p=2385
  Ted Turner has announced a strategic alliance with Atlanta-based Southern Company to pursue development of renewable energy projects in the Southwestern United States, including his New Mexico land holdings. Turner is the state's largest landowner. “I’ve always been passionate about developing renewable energy, and I’m excited to join forces with Southern Company to explore our renewable energy potential,” said Turner, who will pursue the venture through Turner Renewable Energy. “Southern Company’s experience in power project development, construction and operations, and customer relations help make this a strong alliance, and I look forward to working together,” he added. Turner Renewable Energy and Southern Company will focus on developing and investing in large scale solar photovoltaic projects in the Desert Southwest with the goal of further commercializing the technology and making it more cost competitive. “This alliance unites our common goal to explore and develop new renewable energy projects,” said Southern Company CEO David Ratcliffe. “We have said for some time that renewable energy should play an increasing role in this country’s energy mix and that Southern Company would seek opportunities to expand our renewable portfolio where it makes sense. This is evidence of that commitment.”]]> 2385 0 0 0 https://landreport.com/2010/02/historic-dahlstrom-ranch-conservation-easement-finalized/ Fri, 05 Feb 2010 07:00:25 +0000 https://www.landreport.com/?p=2397 A conservation easement of historic proportions was purchased in the heart of the Texas Hill Country only a short drive from the Capitol of Texas. Hays County, the City of Austin, and the Hill Country Conservancy (HCC), with funding from the federal Natural Resources Conservation Service (NRCS), came together to purchase a conservation easement on the historic Dahlstrom Ranch, a 2,254-acre privately-owned holding located outside of Buda. This rare collaboration between a private landowner, county, federal agency, and city took shape in 2007 and will be the first private land preservation agreement of its kind. The privately-owned ranch will have the unique distinction of providing a 384-acre area for public education and nature programs proposed by a public access committee led by the National Parks Service and managed by Hays County. “Through this conservation easement, Gay Dahlstrom, in partnership with Hays County, as guided by Precinct 2 Commissioner Jeff Barton, NRCS, HCC, the City of Austin and many others, has ensured that a majestic piece of the Texas Hill Country will not only survive, but allow our native wildlife and natural resources to thrive,” said David Braun of Braun & Associates, attorneys for Gay Dahlstrom. “Gay is an exceedingly modest and private person, but today she and her family have set a proud and important example for all conservation-minded Texas landowners.” The family's history on the property dates back five generations. The Dahlstrom Ranch on Onion Creek has played an impressive role in Hays County’s heritage. The property also plays a key role in the area’s overal well-being thanks to its abundant aquifer recharge. The historic ranch features an impressive system of caves and sinkholes that directly convey clean water to the aquifer. Also, following a reduction in livestock grazing in 2005, the ranch’s wildlife habitat and native grasses have staged a welcome comeback. In recent years, the Dahlstroms, like many other Texas families, were faced with the decision on whether to begin selling off their land to developers in order to pay estate taxes. Gay Dahlstrom chose to preserve the family’s heritage and legacy, retaining Braun & Associates to guide her through the process of obtaining a conservation easement that enabled her family to keep the ranch intact. This contract between property owner and conservation organization, while providing critical tax incentives, also allows the owner to protect the water resources, wildlife habitat, natural character, and other conservation values of the land. A conservation easement restricts the amount and type of development allowed on the property, and conveys the right to enforce these restrictions in perpetuity, while preserving the right to traditional agricultural uses and limited residential use. “This partnership provides multiple benefits, keeping this land intact for the family’s ongoing use and enjoyment while preserving the unique caves and other karst features of the ranch and furthering enhancement of its ecology and wildlife”, said Frank Davis, Director of Land Stewardship at HCC. “I am very pleased we are able to partner with Hays County and Hill Country Conservancy on this important project,” said City of Austin Mayor Lee Leffingwell, a longtime supporter of the use of voter-approved bonds designated for the acquisition of open space.  “As our region continues to grow, it is important that we lead in the effort to protect our natural resources, and acquisitions like this one ensure we are doing our part to protect and enhance our environment, particularly our water quality, and the heritage of the Aquifer region and Texas Hill Country.” Gay Dahlstrom’s son, Jack Dahlstrom Jr., has plans for ecotourism and nature and wildlife-related art exhibits on the property, with the ultimate goal to further the community’s understanding of, and respect for, the area’s heritage and environment. The Dahlstrom family has a long-term plan for continuing to restore the land and its native wildlife. “At the end of the day, my mother did this because she loves this land and appreciates all that it has given us,” said Jack Dahlstrom Jr. “Now, it’s our family’s turn to give back to the land, and we appreciate the efforts of everyone who worked so hard to help us make that happen.”]]> 2397 0 0 0 https://landreport.com/2009/12/the-land-report-winter-2009/ Tue, 15 Dec 2009 07:00:20 +0000 https://www.landreport.com/?p=2426 The Winter 2009 issue of the Magazine of the American Landowner. Table of Contents Editor's Note Market Watch Front Gate Vistas Land Report 100 - Clayton Williams]]> 2426 0 0 0 https://landreport.com/2010/03/for-sale-hall-hall-lists-montanas-n-bar-ranch/ Mon, 01 Mar 2010 07:00:51 +0000 https://www.landreport.com/?p=2449 One of the most historic working ranches in the Rocky Mountain West is on the market. The 62,091-acre N Bar Ranch, whose chain of title includes Tom Cruse, Anton Holter, and Jack Milburn has been listed by Hall and Hall for $45 million, not including livestock and other personal property. “The N Bar Ranch is a piece of Montana history complete with a profitable livestock operation and an outstanding wildlife component," said Hall and Hall broker Joel Leadbetter. Ranging in elevation from 4,200 to 5,500 feet above sea level, the ranch is time-tested cattle country and is further blessed by abundant wildlife, including trophy elk, mule deer and whitetail, antelope, Hungarian pheasant, and sharptail and mountain grouse. Brown trout thrive in the 60 miles of Flatwillow Creek that wind through the property down from the Snow Mountains. "We are thrilled to be representing such a phenomenal land holding,” Leadbetter adds. Located approximately 90 miles north of Billings and 35 miles southeast of Lewiston, the N Bar is 62,091 total acres, including 51,409 deeded, 4,875 BLM leased, 1,920 Montana leased, and 3,887 privately leased. Read more about the listing in Friday's Wall Street Journal.

  

  ]]> 2449 0 0 0 https://landreport.com/2010/03/500-million-everglades-deal-postponed-again/ Mon, 15 Mar 2010 07:00:20 +0000 https://www.landreport.com/?p=2488 Florida Gov. Charli It's been almost two years since Florida Governor Charlie Crist announced the $1.75 billion purchase of 187,000 acres in the Florida Everglades from United States Sugar. Since then the economy has tanked and the purchase price has been lowered twice: to $1.34 billion and now $536 million. In each instance, the number of acres has also fallen: first, to 180,000, and, in the most recent iteration, to 72,500. Faced with a March 30 deadline, the governing board of the South Florida Water Management District voted 9-0 to extend the closing for another six months. An added element to the high-profile transaction was an in-depth front-page story in The New York Times last week that questioned many deal points, including the cost per acre, which The Times suggested is much too high, the tracts themselves, which The Times suggested include some of the least valuable belonging to U.S. Sugar, and the purpose of buying six separate tracts without reaching out to Florida Crystals, United States Sugar's chief competitor and the owner of key blocks of adjacent land. But the principle focus of the article was how Gov. Crist's plan to save the Everglades will instead rescue United States Sugar. Since its publication, supporters and detractors have descended upon the media with their own interpretations of the deal.  ]]> 2488 0 0 0 https://landreport.com/2010/03/turner-renewable-energy-acquires-solar-power-project/ Wed, 31 Mar 2010 21:38:57 +0000 https://www.landreport.com/?p=2532 America's largest landowner is full speed ahead on his renewable energy venture. Turner Renewable Energy and Southern Co. acquired a 30 megawatt (AC) photovoltaic solar power project that is being developed by First Solar (FSLR) adjacent to Ted Turner's Vermejo Park Ranch in northern New Mexico. Financial terms of the transaction were not disclosed. The Cimarron I Solar Project will supply power to approximately 9,000 homes, or 18,000 residents, and displace over 45,000 tons of CO₂ per year. Electricity generated by the plant will serve a 25-year power purchase agreement with the Tri-State Generation and Transmission Association, a not-for-profit wholesale power supplier to 44 electric cooperatives serving 1.4 million customers across New Mexico, Colorado, Nebraska, and Wyoming. First Solar will also provide operation and maintenance services under a 25-year contract. Construction of Cimarron I will began this month. Commercial operation is expected to commence by year end 2010. The solar project will employ approximately 500,000 photovoltaic modules manufactured by First Solar using its advanced thin film technology and will create more than 200 jobs during peak construction.]]> 2532 0 0 0 https://landreport.com/2010/03/the-land-report-spring-2010/ Mon, 15 Mar 2010 07:00:29 +0000 https://www.landreport.com/?p=2610

  Playing Politics

  Dwindling revenues and rising costs are sure to drive legislatures to look at your land as a quick fix for busted budgets. With so much of the economy tied to Washington, it’s easy to overlook the consequences of state and local policies.

  Remember Kelo? The ominous specter of government taking one citizen’s private property and transferring it to another to further economic development didn’t start on the steps of the U.S. Supreme Court. It only ended there. Property rights advocates want to tar and feather the justices who voted in the majority, but in my mind the culprits in Kelo were the local volunteers at the New London Development Corporation who changed the course of American history by callously disregarding their neighbors’ property rights. Keep this message in mind as cash-strapped state legislatures search for quick fixes. Nevada has a $787 million deficit. Illinois’s needs $13 billion. And the gold medal goes to … California, which needs some $20 billion to balance its checkbook. Cost-cutting measures are already in place. What worries me is legislation such as the bill introduced by California Assembly Member Juan Arambula to eliminate the tax advantages of 1031 Exchanges. Critics regard this section of the I.R.S. code as a tax dodge. The hard truth is that a 1031 defers taxes much the same way as gains in your I.R.A. or a 401(k) are deferred. Furthermore, as brokers from coast to coast can tell you, 1031s are market drivers. By requiring proceeds from a capital gain to be quickly reinvested, they gin additional sales and enhance liquidity. Mr. Arambula’s legislation is not just an ill-founded attempt to generate additional revenues; it is exactly counter to what California needs right now: more business. My thanks go out to Robert Himsl, The Land Report subscriber who alerted me to Assembly Member Juan Arambula’s legislation. As he put it, “A lot of people think owning land is easy. You just sit on it–right?” Sit on it and keep your eyes peeled. If you come across a piece of legislation or a pending court case that could affect landowners or land in general, let know me at editor@landreport.com. Eric O’Keefe, Editor, The Land Report]]> 2610 0 0 0 https://landreport.com/2009/09/the-land-report-fall-2009/ Tue, 15 Sep 2009 07:00:20 +0000 https://www.landreport.com/?p=11624 Enjoy the digital edition of the Fall 2009 issue of the Magazine of the American Landowner. When we launched the Magazine of the American Landowner in 2007, we put our best foot forward by debuting The Land Report 100. Three years and more than a dozen issues later, this landmark project has become the highlight of our editorial calendar. It would be easy to start discussing newly discovered details, but you’ll find out all that and much more thanks to the efforts of Land Report 100 Editor Katy Richardson, Research Editor Nancy Myers, and our editorial team. Instead, I’d like to thank the many 100ers that pitched in to help us produce this issue, beginning with Trey Lyda, whose stunning image of his cousin Justin graces our cover. Rhett Turner’s photograph of father Ted is another favorite: America’s largest landowner with a dozen or so of his 50,000-plus bison. King Ranch, Governor Briscoe, and the O’Connors— our South Texas contingent is amply and ably represented. Muchas gracias! Take a moment to enjoy Bill Reynolds’s candid shots from the OW. If you’re like me, that stogie will reek in the confines of your smoke-free office. If you have plans or need a reason to go to the Big Apple, be sure to join The Land Report at the 6th Timberland World Summit October 26-28. Just a block from Times Square, The Millennium Broadway Hotel is a favorite venue, and the topic couldn’t be more pertinent. Investing in timber—be it acreage, a REIT, or an equity—is a story we will continue to highlight in these pages and on the road. Eric O’Keefe, Editor, The Land Report]]> 11624 0 0 0 https://landreport.com/2009/06/the-land-report-summer-2009/ Mon, 15 Jun 2009 19:49:04 +0000 https://www.landreport.com/?p=11627

  Chasing the Blue Dog

  Hit the trail with Heath Shuler, and one gets a much different perspective of this very public face.

    Late last fall, my publisher and I set out from Birmingham to meet Congressman Heath Shuler at Wynfield Plantation. Neither of us really knew what to expect. Was the former NFLer going to kick back and reminisce about the good old days and his beloved Tennessee Vols? Or would the recent November elections dominate discussion, especially the cataclysmic changes in store on the Hill and possible new committee assignments? We were wrong on both counts. Thanks to his hectic schedule and the demands of shuttling back and forth between the nation’s capital and his district in North Carolina, Heath only makes it to Wynfield three or four times a year these days. But when he does, he dives in headfirst with about as much enthusiasm as the black Lab flying across page 38. The habitat, the cover, the rainfall, the pests–it was an eye-opener to listen as he regained his fluency in all aspects of his property. We regularly emphasize to subscribers who are out-of-town landowners that they make sure to have key people holding down the fort. It’s a vital consideration, and Heath has quite the crew. I could start with Wynfield’s GM, Mike Osteen, but Henry Chappell does a much better job of discussing Mike’s many competencies in his well-crafted read, “Eye on the Prize.” Since our launch in 2007, we’ve called ourselves The Magazine of the American Landowner. By sharing the story of Heath Shuler, we live up to that billing … and then some. Eric O’Keefe, Editor, The Land Report]]> 11627 0 0 0 https://landreport.com/2010/04/for-sale-santa-barbaras-majestic-royal-rancho/ Thu, 15 Apr 2010 07:00:18 +0000 https://www.landreport.com/?p=2562 By Lindsay Taub In a day and age when private beachfront property is virtually non-existent in California, one of the state’s most historic ranches is on the market for the first time in decades. One of the last large tracts along the Gaviota Coast, the Royal Rancho descends from the Santa Ynez Mountains to the Pacific Ocean. On its 2,200 acres can be found 15 homes, including the elegant five-bedroom Casa Grande. The rancho’s storied past dates back to 1542 when Juan Rodriguez Cabrillo captained two ships to the shores of Rancho Dos Pueblos just 50 years after Columbus discovered the New World. Ranch owners include financier John H. Williams, oil baron Herbert G. Wylie, and Samuel Mosher of the Signal Oil and Gas Company, a meticulous steward who transformed the ranch into a world-class showpiece and welcomed President Harry Truman as well as Hollywood luminaries such as Hal Roach and Walter Pidgeon. After Mosher’s death, the property sold to German-born Rudolf “Rudi” Schulte, who converted Rancho Dos Pueblos into a private family compound, planting groves of avocado, cherimoya, and macadamia trees among the ranch’s rolling hills, grassy meadows, and trout-filled streams. “This is more like selling art than real estate,” said Kerry Mormann, the Santa Barbara broker who has the listing. Mormann has brokered numerous trophy properties in Santa Barbara County, including the historic Cojo/Jalama Ranch in 2006, which listed for $155 million and ranks as the largest non-commercial real estate transaction in California history. Says Mormann, “We are looking for a lifestyle buyer, someone who understands the magnificence of the property and how rare coastal real estate like this is.”]]> 2562 0 0 0 16361 0 0 16362 0 0 16363 http://www.aquahabitat.com/waterfront.property.guide.html 0 0 16364 http://www.markzonder.com/ 0 0 https://landreport.com/2010/04/sold-boot-jack-ranch-goes-for-47-million/ Mon, 26 Apr 2010 07:00:56 +0000 https://www.landreport.com/?p=2580 One of the country's premier listings, Colorado's Boot Jack Ranch, sold earlier this month for $47 million. Originally listed at $88 million more than two years ago, the price had been subsequently lowered to $68 million. The Pagosa Sun reports a sales price of $47 million, a reduction of almost 50 percent off the original asking price. San Jose developer David Brown, who is credited with building Silicon Valley's Golden Triangle, and his wife were the sellers. According to listing broker Bill Fandel of Peaks Real Estate Sotheby's International Realty in Telluride, the buyer is a Colorado L.L.C. owned by a high net worth individual who plans to keep the Boot Jack intact and not develop it. "We hoped that the buyer would be an end user who would really want to preserve that valley. That's definitely the case," says Fandel. According to the Pagosa Sun, the buyer was BootJack Ranch, LLC, a Colorado LLC with a legal address in Dallas, Texas. Kelcy Warren is listed as manager for BootJack Ranch, LLC in property sale documents. Warren serves as chief executive officer and chairman of the board of directors of Energy Transfer Partners, L. P., a Texas-based energy company with pipelines in six states. Set at a base elevation of almost 8,000 feet about sea level, the Boot Jack features unmatched views of the San Juan Mountains, world class fly-fishing, and numerous improvements. The 3,151-acre tract is surrounded on three sides by the San Juan National Forest and Weminuche Wilderness and includes seven miles of the West Fork of the San Juan River and Wolf Creek. Two existing conservation easements total 1,322± acres. Six lakes and several ponds all connect to the San Juan. The main residence is a four-bedroom 13,825-square-foot sanctuary with countless amenities, including a library, two private offices, seven fireplaces, and a 1,500-bottle wine cellar. Four additional log cabins accommodate up to 18 guests. Structures on the ranch total 77,200 square feet. One of the most important assets of the Boot Jack are its senior water rights of 103± CFS, which would yield approximately 70 million gallons per day when fully utilized. At present, 1,162 acres of pasture are irrigated. The ranch enjoys 200 inches of snowfall annually and is situated in close proximity to Wolf Creek Ski Area via U.S 160. Plentiful wildlife roam the ranch, including bear, elk, deer, and turkey; approximately 800 head cattle are pastured each summer. "There's a lot of listings out there but only a few truly remarkable pieces of property come on the market," says Fandel. "The Boot Jack was one of them."]]> 2580 0 0 0 https://landreport.com/2010/05/land-report-newsletter-may-2010/ Sat, 15 May 2010 07:00:07 +0000 https://www.landreport.com/?p=2622 Dear Reader, As you scan the May edition of The Land Report's monthly newsletter, springtime allusions to new growth are particularly apropos. The ever increasing number of transactions at all price points, including top-tier properties, clearly demonstrates that rural land markets are finally escaping the doldrums. A long list of brokered transactions and auction results supports this development; some of the most notable ones are highlighted in this month's newsletter. You'll learn about all of these and more courtesy of The Land Report Newsletter, published by the Editors of The Land Report. Our award-winning quarterly magazine is also available in a print version by subscription. Enjoy! The Editors www.LandReport.com The Magazine of the American Landowner]]> 2622 0 0 0 https://landreport.com/2010/05/for-sale-kevin-costners-field-of-dreams-for-5-4-million/ Fri, 14 May 2010 07:00:21 +0000 https://www.landreport.com/?p=2630 By all accounts, it's the typical piece of property that one sees advertised for sale in the Magazine of the American Landowner:

  FOR SALE. 193-acre corn farm in Dubuque County for sale for $5.4 million.

  Owned and farmed by same family for more than a century.

  Improvements include a two-bedroom a farm house, barn that was built in the mid-1800s, and baseball diamond that was built in the 1980s by Universal Studios.

  OK, maybe that last detail tells you that Lansing Farm is not your everyday ordinary row crop ground.

  Twenty years ago it got a serious upgrade courtesy of Kevin Costner, Ray Liotta, James Earl Jones, and a memorable movie called Field of Dreams.

  "If you build it, they will come." — The Voice, Field of Dreams

   

  Located outside Dyersville, much of the land in the listing has been in the Lansing family for over a century, but for Don and Becky Lansing it's time to retire. As Becky Lansing told the Associated Press, "We really would just love to become spectators. We want to sit in the bleachers. We want to look forward to all that the Field of Dreams will become in the future."

  Asking price on the 193 acres is $5.4 million, including a total of seven structures and two websites. Additional acreage is available. Ken Sanders is representing the Lansings.

  ]]> 2630 0 0 0 By all accounts, it's the typical piece of property that one sees advertised for sale in the Magazine of the American Landowner:<\/p>

  FOR SALE.<\/strong> 193-acre corn farm in Dubuque County for sale for $5.4 million.<\/p>

  Owned and farmed by same family for more than a century.<\/p>

  Improvements include a two-bedroom a farm house, barn that was built in the mid-1800s, and baseball diamond that was built in the 1980s by Universal Studios.<\/p><\/blockquote>

  OK, maybe that last detail tells you that Lansing Farm is not your everyday ordinary row crop ground.<\/p>

  Twenty years ago it got a serious upgrade courtesy of Kevin Costner, Ray Liotta, James Earl Jones, and a memorable movie called Field of Dreams<\/em>.<\/p>

  \"If you build it, they will come.\" \u2014 The Voice, Field of Dreams<\/em><\/h4>

  \u00a0<\/p>

  Located outside Dyersville, much of the land in the listing has been in the Lansing family for over a century, but for Don and Becky Lansing it's time to retire. As Becky Lansing told the Associated Press, \"We really would just love to become spectators. We want to sit in the bleachers. We want to look forward to all that the Field of Dreams will become in the future.\"<\/p>

  Asking price on the 193 acres is $5.4 million, including a total of seven structures and two websites. Additional acreage is available. Ken Sanders is representing the Lansings. <\/a><\/p>","drop_cap":"yes","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"2b66df0"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> 16366 http://gustavfoto.com 0 0 https://landreport.com/2010/06/land-report-newsletter-june-2010/ Tue, 15 Jun 2010 07:00:57 +0000 https://www.landreport.com/?p=2646 The lessons of the global financial crisis of 2008-09 are many and diverse; one of the immutable ones is the value of tangible assets. I for one am taking this to heart, and your readership of this newsletter shows you to be of a similar mind. I hope you are as encouraged by the June edition of The Land Report's monthly newsletter as we are here at the Magazine. Despite stock market fluctuations, the European debt crisis, and tensions in the Middle East,  there is a lot of good news to report: rising land values, increased investment in land-based assets, and of course noteworthy transactions. Our award-winning quarterly magazine is available in a print version by subscription.]]> 2646 0 0 0 https://landreport.com/2010/06/forbes-profiles-land-report-100/ Tue, 15 Jun 2010 07:00:50 +0000 https://www.landreport.com/?p=2656 Forbes.com bills itself as the "Home Page for the World's Business Leaders," and on Monday the website lived up to its moniker by profiling the top ten US landowners as featured in The Land Report 100. Among the many names familiar to Forbes readers were CNN founder Ted Turner at No. 1 and Liberty Media CEO John Malone at No. 7. The website also made a point of singling out several notable news items that have recently run at LandReport.com, including Hall and Hall's recent listing of the 62,000-acre N Bar Ranch in Montana for $45 million and the sale of Colorado's Boot Jack Ranch by Telluride broker Bill Fandel for $47 million. Land Report Editor Eric O'Keefe was quoted as describing current market conditions as follows:

  "Investors are no longer sitting on the sidelines, and sellers want liquidity."

  Read the entire article HERE.]]> 2656 0 0 0 https://landreport.com/2010/07/ip-to-sell-163000-acres-for-200-million/ Thu, 22 Jul 2010 00:00:57 +0000 https://www.landreport.com/?p=2708 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 resource-rich land. According to wire reports, IP will receive a minimum $160 million when the deal closes later this quarter. It will receive the balance, plus interest, within three years. The company will also receive 20 percent of the net profit generated from the land after the Rock Creek affiliate achieves "certain financial returns."]]> 2708 0 0 0 https://landreport.com/2010/07/texas-land-values-drop-just-7-in-2009/ Tue, 27 Jul 2010 07:00:54 +0000 https://www.landreport.com/?p=2718

  The Texas land market saw bargain hunters staring down unmotivated sellers throughout 2009. The end result, according to Charles Gilliland and Abhijeet Gunadekar at the Texas Real Estate Center, was a dearth of property sales of more than $1 million and the lowest total number of transactions since 1995:

  "Most Texas acreage is grazing land with a strong recreational usage element. Markets for that kind of property weakened in 2009 while cropland markets generally continued to prosper. Because pasture and rangeland make up more than 80 percent of the land in Texas, overall market indicators largely reflect conditions in the market for those property types."

  The researchers tabulated 4,138 transactions in 2009, the lowest number since 1995. The average price per acre of $2,086 was off just 7 percent from the record high of $2,247 per acre in 2008. The Texas Real Estate Center is the nation's largest publicly funded organization devoted to real estate research. The Center's staff conducts research on financial, socioeconomic, public policy, trade, legal, land use, and local market analysis issues related to Texas real estate.]]> 2718 0 0 0 https://landreport.com/2010/07/land-report-newsletter-july-2010/ Thu, 15 Jul 2010 07:00:53 +0000 https://www.landreport.com/?p=2736 Summertime is high season for transactions as investors and landowners make the most of the best access to every corner of a piece of property. This month's newsletter highlights a few of the many sales - and auctions and conservation easements and court decisions - that have taken place in recent weeks. Feel free to forward the July edition of The Land Report's monthly newsletter to colleagues as well as those interested in investing in land.]]> 2736 0 0 0 https://landreport.com/2010/08/on-the-block-aubrey-mcclendons-271-ranch/ Mon, 02 Aug 2010 07:00:06 +0000 https://www.landreport.com/?p=2744 Aubrey McClendon's 271 Ranch goes on the block Thursday, August 5. The National Auction Group is handling the sale, which is scheduled for 11 a.m. (CST) at the ranch headquarters. Bidders can register beginning at nine o'clock. The 4,391-acre cattle ranch will be offered in five tracts and as a whole. Approximately 1,100 acres will be sold with no reserve. The CEO of Chesapeake Energy, McClendon ranked No. 96 on the 2009 Land Report 100 with 98,106 acres. Of his Oklahoma properties, the 271 Ranch is farthest from his Oklahoma City base of operations. As the property he visits least frequently, he decided to liquidate the holding. Located just two hours north of Dallas in prime whitetail country, the 271 Ranch includes the following:

  • Pastures with Wells and Ponds
  • Center Pivot Irrigation System with Well Powered by 3 Phase Electric
  • Ground Water Rights
  • 8 Cattle Working Locations with Catch Pens & Working Alleys
  • 3 Locations with Loading Chutes for Semi Trucks & Trailers
  • Stocker Receiving Facility with Capacity of 400 Head
  • 6 Guest Homes
  • Office/Shop Building Constructed in 2007
  • 9-Stall Horse Barn
  • 9 Additional Barns for Equipment or Hay Storage
  • Pastures of Bermuda, Fescue, & Some Native Grasses
  • 3± Miles of Frontage on U.S. Hwy. 271
  • 7± Miles of County Road Frontage
  • 15± Miles of New Fence Constructed in Last 3 Years
  • Cattle Guard Access to Most Pastures

  In addition to world-class whitetail hunting, the 271 Ranch is minutes from lakes of Sardis, McGee Creek, Pine Creek, Clayton, and Hugo. Stretching three miles along U.S. Highway 271, the property has seven miles of county road frontage with 15± miles of fencing. The property will be open for inspection through Wednesday from 10 a.m. to 6 p.m. Call (800) 579-1174 or (256) 547-3434 to schedule an appointment.]]> 2744 0 0 0 https://landreport.com/2010/09/land-report-newsletter-september-2010/ Wed, 15 Sep 2010 07:00:57 +0000 https://www.landreport.com/?p=2799 Big deal! That's the password for this issue of our monthly newsletter. Private investors as well as public companies are making the most of the current market conditions and have made major acquisitions this summer. Get the details on the sale of these trophy properties, and more, inside. Feel free to forward the September edition of The Land Report's monthly newsletter to colleagues as well as those interested in investing in land. And remember, P.S. Our award-winning quarterly magazine is available in a print version by subscription.]]> 2799 0 0 0 16370 0 0 16371 http://www.ericokeefe.com 16370 2 https://landreport.com/2010/06/the-land-report-summer-2010/ Tue, 15 Jun 2010 07:00:45 +0000 https://www.landreport.com/?p=2815

  Big Deal

  Would you call a working cattle operation set on thousands of acres along the Continental Divide a ranch, or does the term “residence” seem more appropriate?

  Major transactions like the sale of Colorado’s Boot Jack Ranch a few months ago always generate a lot of press. When you’re talking about a $46.5 million price tag, it comes with the territory. In addition to LandReport.com, local papers like The Durango Herald, regional dailies including the Denver Post, and of course The Wall Street Journal, whose excellent real estate section follows closings of all shapes and sizes, made mention of the sale of the Boot Jack. That’s the good news. The bad news is that more than a few of these media outlets were way off base in their descriptions of the Boot Jack. In several instances, the deal for the sprawling 3,151-acre ranch was described as “the most expensive residential transaction in 2010 in the U.S.” Is it just me, or does it come across as a bit of a stretch to compare the Boot Jack, with its priceless water rights at the crest of the Continental Divide, to mega-mansions currently on the market in Palm Beach and Beverly Hills? There’s only one way the Boot Jack can be considered residential, and that’s by counting the 4,000 trout and 800 head of cattle that swim in its streams and forage in its pastures as native to Archuleta and Mineral counties. A good rule of thumb for identifying residential properties is that they can be found in residential neighborhoods. By comparison, the Boot Jack’s neighbors include the San Juan National Forest, the Weminuche Wilderness, and other private landowners. Sound residential to you? Thanks to the Boot Jack, we’ve done some research of our own. Turn to page 20, and you’ll find the inaugural version of The Land Report Top Ten. Featuring the nation’s leading land listings, the roster includes working ranches, woody retreats, and a few of the last large parcels found in close proximity to city centers like Manhattan, Los Angeles, and Santa Barbara. Eric O’Keefe, Editor, The Land Report]]> 2815 0 0 0 https://landreport.com/2010/09/ted-turner-tops-the-2010-land-report-100/ Wed, 15 Sep 2010 07:00:47 +0000 https://www.landreport.com/?p=2879 This year marks the fourth time The Land Report has presented the top 100 landowners in the country. And it also marks the fourth time that Ted Turner has topped our list. In 2010, Turner added to his chart-topping 2 million-plus acres by acquiring Nonami Plantation near Albany, Georgia. The acquisition is a notable one because Nonami ranks as the largest property for the entrepreneur, environmentalist, philanthropist, and media mogul in the state where he was raised. Nonami Plantation adds 8,800 acres to the 15 ranches Turner owns in seven states, and it is considered one of the finest quail hunting venues in the Peach State. Turner purchased the plantation from a longtime business associate, Atlanta developer Tom Cousins, in a private transaction. “Tom and Ted have been good friends for many years,” says Turner spokesman Phillip Evans. “From what I understand they made a gentlemen’s agreement years ago. If Tom ever decided to sell, Ted would get first option to purchase the property. They both appreciate what a special piece of land it is.” Much of the property is already under a conservation easement. “As with all of Turner’s land, Nonami will be managed in an environmentally and ecologically friendly manner,” Evans adds. Turner’s record as a landowner proves that he is nothing if not dedicated to running his holdings in a way that promotes the conservation of both the land itself and native species. In particular, Turner is known for his conservation of buffalo. His 50,000+ is the world’s largest private herd. He recently offered to shelter 87 bison from Yellowstone National Park for five years as part of an experiment by the Montana Department of Fish, Wildlife and Parks to establish a free-roaming herd free of brucellosis and other diseases that can spread to cattle. After the five years, the bison will be returned to the State of Montana, and Turner will keep a percentage of the herd’s offspring. Innovative solutions to ensure the continuation of endangered species are but one facet of Turner’s stewardship philosophy. Another lies in clean, renewable energy. In January 2010, Turner Renewable Energy partnered with Southern Company to develop renewable energy resources on his properties as well as off. Their first project, New Mexico’s Cimarron Solar Facility, will be one of the nation’s largest photovoltaic plants, generating enough energy to supply 9,000 homes with electricity. Cimarron, which is scheduled to begin commercial operation in late 2010, is located next to Turner’s Vermejo Park Ranch, the largest privately owned ponderosa pine ecosystem in the nation. The Cimarron plant is yet another example of how Turner backs up his opinions with concrete action. He has been increasingly vocal about his belief that the United States should move toward more sustainable forms of energy, and he has gone as far as to lobby Congress on renewable energy and climate issues. It goes hand in hand with his desire to use his clout and his land to make the world a better place for his–and our–children and grandchildren. Download the 2010 Land Report 100 HERE.]]> 2879 0 0 0 https://landreport.com/2010/09/no-5-john-malone-2010-land-report-100/ Wed, 15 Sep 2010 07:00:20 +0000 https://www.landreport.com/?p=2881 2881 0 0 0 https://landreport.com/2010/09/sold-the-bell-ranch/ Wed, 01 Sep 2010 00:00:31 +0000 https://www.landreport.com/?p=2888 ]]> 2888 0 0 0 https://landreport.com/2010/09/kroenke-ranches-cracks-the-top-ten/ Wed, 15 Sep 2010 07:00:24 +0000 https://www.landreport.com/?p=2893 HERE.]]> 2893 0 0 0 https://landreport.com/2010/09/amazon-com-founder-bezos-shoots-for-the-stars/ Wed, 15 Sep 2010 07:00:53 +0000 https://www.landreport.com/?p=2899 Amazon.com founder Jeff Bezos, whose 290,000 acres ranks No. 27 on the 2010 Land Report 100, was inspired by the wide open West Texas skies he remembered from boyhood summers on his grandfather’s ranch. About seven years ago, he began purchasing large tracts of land in Far West Texas near El Paso. Ranchers were a bit surprised when their new neighbor explained his goal: to build a spaceport for his private sub-orbital space exploration venture, Blue Origin. Last year, the company was awarded $3.7 million in funding from NASA for development of future human spaceflight operations. Tests fights have launched successfully at Bezos’s Corn Ranch, and there are plans to launch unmanned flights next year, with manned flights in 2012. Download the 2010 Land Report 100 HERE.]]> 2899 0 0 0 https://landreport.com/2010/09/louis-bacon-adds-historic-orton-plantation-to-land-holdings/ Wed, 15 Sep 2010 07:00:57 +0000 https://www.landreport.com/?p=2901 HERE.]]> 2901 0 0 0 https://landreport.com/2010/09/the-land-report-fall-2010/ Wed, 15 Sep 2010 07:00:08 +0000 https://www.landreport.com/?p=2942 Enjoy the digital edition of the Fall 2010 issue of the Magazine of the American Landowner.

  High Cotton

  Take a cue from the guy who just sold the biggest ranch to close in the U.S. in the last 15 years. The first step? Find the right people.

  That fellow with the straw hat and the big smile to my left is Utah’s own C. Patrick Bates. Although it may look like he’s in the weeds, the truth is he’s in high cotton. Pat had the listing on the Bell Ranch, and, a week or so before this picture was taken, John Malone closed on that 453-square-mile swath of Northern New Mexico. Let me share a principle that has guided Pat throughout his 40 years as one of America’s top ranch brokers. He doesn’t start with the property. He doesn’t start with the price. He doesn’t start with his potential payday. He starts with the people. Is that a little too warm and fuzzy for you? Is touchy-feely not your gig? Then keep in mind that Pat just spent four years shepherding the biggest deal to close since Ted Turner bought Vermejo Park from Pennzoil in 1996. With that in mind, I’d like to single out my people. To my partner, Eddie Lee Rider Jr., and to John Gibbs and our sales team: you complete me. You also pushed me, and our editorial team, to the edge, which is exactly what great magazines are all about. Well done. To Katy Richardson, Nancy Myers, SJOK, Henry Chappell, Gustav Schmiege III, Wyman Meinzer, Tim Thimmes, and Tyler Funk, I hope you recognize how important your efforts are to producing this exceptional read. I do. To my heavy lifters–Sharra Wilson, Wendy Conner, Cha Cha Weller, Janet Thimmes, Tim Robinson, and Carly Hancock–don’t think for a moment that your efforts go unnoticed or unappreciated. Thank you. Finally, I’d like to close with a word about the spellbinding watercolor that graces this issue’s front cover. If it’s not the most arresting piece of cover art you’ve ever seen, I won’t be offended ... as you long as prefer the 1975 issue of TIME that featured Elton John as “Rock’s Captain Fantastic.” Both are the work of Don Weller, our incomparable design director. Eric O’Keefe, Editor, The Land Report]]> 2942 0 0 0 16377 http://www.bradfordpr.com 0 0 https://landreport.com/2010/09/land-report-100-king-ranch/ Wed, 15 Sep 2010 07:00:02 +0000 https://www.landreport.com/?p=3314 King Ranch has proven its leadership as a steward of the land, but resting on their laurels is not a common attribute of Captain Richard King’s descendants. In the last century, King Ranch produced the first registered American Quarter Horse and a Triple Crown winner. More recently, it has leveraged its storied heritage into a nationally recognized brand–not the kind just seen on cattle but the kind visible on Ford trucks. Today, 911,215-acre King Ranch is committed to a wide-ranging number of endeavors, including the King Ranch Institute for Ranch Management at Texas A&M Kingsville and the Caesar Kleberg Wildlife Research Institute, as well as programs for environmental stewardship and brush management. And don’t overlook the cattle that wear the Running W brand. The ranch that produced the Santa Gertrudis, aka first breed of cattle in the U.S., also developed a new composite breed of cattle, the Santa Cruz. Other operations include its majority-owned interest in the largest citrus producer in the U.S., Consolidated Citrus Limited Partnership; a 60,000-acre farming operation in South Texas; sugarcane and vegetables in Florida; one of the country’s largest pecan shelling operations; the largest turfgrass operation in the State of Texas; a John Deere dealership; and the world-famous King Ranch Saddle Shop, a retail store, catalog, and Internet website specializing in high-end leather goods.]]> 3314 0 0 0 https://landreport.com/2010/10/land-report-newsletter-october-2010/ Fri, 15 Oct 2010 07:06:58 +0000 https://www.landreport.com/?p=2974 The Land Report 100! Our signature study featuring the Top 100 American landowners is the focus of this issue of our monthly newsletter, but it's just one of the many topics to be covered, including recent sales, upcoming auctions, and important developments by policymakers with regard to owning land. Feel free to forward the October edition of The Land Report's monthly newsletter to colleagues as well as those interested in investing in land. P.S. Our award-winning quarterly magazine is available in a print version by subscription.]]> 2974 0 0 0 https://landreport.com/2010/10/sold-washingtons-hunt-ranch/ Fri, 15 Oct 2010 07:00:40 +0000 https://www.landreport.com/?p=3048 J.P. King Auction Company, but it went instead to a single buyer, who stepped up before the bidding began and acquired it in its entirety. “Since Hunt Ranch was a third-generation family property, we were excited to be able to sell it to a single owner and keep the property intact,” said Craig King, president and CEO of J.P. King Auction Company. “Land is a great investment. It will always be in demand, and its availability is decreasing.” Given the historic nature of the impressive parcel, it was a coup for both buyer and seller. "The property is quite diverse,” said Rusty Hunt. He and his father had added additional acreage since his grandfather’s initial purchase of the property. "It looks over the Columbia River and the Cascade Mountains, and it features everything from flat plateaus to lakes and meadows." In addition to breathtaking views, the property includes barns, sheds, silos, and two newly remodeled farmhouses. Wheat is currently being grown as the property's principal crop. The ranch also has FSA contracts, which the new owner has the option to maintain, and its abundant wildlife includes grouse, mule deer, ducks, geese, quail, and dove.]]> 3048 0 0 0 https://landreport.com/2010/11/land-report-newsletter-november-2010/ Mon, 15 Nov 2010 07:00:39 +0000 https://www.landreport.com/?p=3112 Timberland, ranchland, farmland — the November edition of our monthly newsletter chronicles one transaction after another as liquidity continues to return to markets nationwide. This strong trendline — sellers and buyers increasingly finding common ground —  has emerged as one of this year's key stories and will be covered more in-depth in the Winter 2010 issue of the Magazine of the American Landowner. Feel free to forward the November edition of The Land Report's monthly newsletter to colleagues as well as those interested in investing in land. P.S. Our award-winning quarterly magazine is available in a print version by subscription.]]> 3112 0 0 0 https://landreport.com/2010/11/for-sale-texass-historic-rockpile-ranch/ Fri, 19 Nov 2010 07:00:19 +0000 https://www.landreport.com/?p=3124 The historic ranching operation represents some of the best cow-calf range in the fabled cattle country of Far West Texas and features a staggering assortment of assets, including remnants of pre-Columbian habitation, historic structures dating back to the Civil War era, and two of the most famous geologic features in the Davis Mountains: the historic Rockpile, the geologic formation that gives the ranch its name, and striking views of 7,686-foot Sawtooth Mountain (top). But it is the land itself, a rare desert island tucked away at the highest reaches of the Trans-Pecos, that has drawn cattlemen to this country since 1895, when George and W.D. Reynolds founded the forerunner of the Rockpile, the 380,000-acre X Ranch. Thanks to Geronimo Mountain, the Rockpile rises to 6,907 feet above sea level; wooded canyons dip down to the 4,500-feet level. Since 1992, the McCoy family has owned the Rockpile. The family is best known for its fourth-generation building supply business, which is based in San Marcos, Texas, and operates across Texas as well as in Arkansas, Mississippi, New Mexico, and Oklahoma. Readers of The Land Report also know the family for McCoy Remme Ranches, which ranked No. 51 on the 2010 Land Report 100 with 170,000 acres. “With 72 lumberyards across Texas, I’ve had the privilege of traveling the whole state for 35 years,” says Brian McCoy. “No doubt the Trans Pecos is a uniquely beautiful region … a surprise, really, for many. The Rockpile is at the center of some of the most beautiful land in Texas.” Kaare and Brenda McCoy Remme oversee the family’s far-flung landholdings. The Rockpile presents unique challenges, and rewards. Says Kaare, “The ranch is a patchwork of terrain types, of soil types, and plant and animal communities. We love maps, and having information about the tremendous diversity of the Rockpile has proven to be a great advantage. But having information about how the Rockpile’s tremendous diversity has responded under specific uses over time is priceless. Rangeland monitoring on the Rockpile has really taken a front seat in setting the environmental agenda for the ranch.” The varied terrain, soil, and weather support a wide range of grasses and forbs. Every region of the 86-square-mile property is monitored and managed for multiple uses, including livestock, wildlife, aesthetic value, and natural resources. Grazing is planned in six-month blocks. “Our family has taken stewardship of the land very seriously, and Kaare keeps this a priority when making all our ranching decisions,” says Brian McCoy. “It’s an amazing ranch, one that just two families have been lucky enough to own. Now, for only the third time in more than a century, an opportunity has emerged for a new steward of the Rockpile," say James King of King Land & Water LLC.]]> 3124 0 0 0 https://landreport.com/2010/12/land-report-newsletter-december-2010/ Wed, 01 Dec 2010 07:00:13 +0000 https://www.landreport.com/?p=3155 As 2010 winds down, the upbeat tempo of the investment quality rural land market is apparent in the comments of dozens of brokers interviewed by The Magazine of the American Landowner. We've featured several of these insights in our December Land Report newsletter.

  Buyers are no longer bottom feeding. Sellers are setting prices in line with market conditions. The net result is that the bid-ask spread has closed enough to generate a substantial increase in the number of transactions from coast to coast. Some of the more prominent ones are featured in the current Land Report newsletter. Also featured are emerging trends in regional markets, such as the boom in farmland prices.

  P.S. Our award-winning quarterly magazine is available in a print version by subscription.

  ]]> 3155 0 0 0 https://landreport.com/2011/01/new-yorks-deep-hollow-ranch-sells-for-11-million/ Tue, 18 Jan 2011 07:00:37 +0000 https://www.landreport.com/?p=3166 3166 0 0 0 https://landreport.com/2011/01/landmark-sale-of-310000-acres-completed/ Wed, 26 Jan 2011 07:00:16 +0000 https://www.landreport.com/?p=3178 3178 0 0 0 16378 http://www.landandwildlife.com 0 0 https://landreport.com/2011/01/harry-patten-honored-by-horatio-alger-society/ Tue, 25 Jan 2011 07:00:02 +0000 https://www.landreport.com/?p=3187 Horatio Alger Association of Distinguished Americans was formed to build on his legacy. To date, the association has awarded $87 million in scholarships to at-risk students who were determined to earn a college degree. It also recognizes leaders who, like Alger’s heroes, have risen to great heights from humble origins “through honesty, hard work, self-reliance, and perseverance.” Ray Kroc has been honored by the Horatio Alger Association. So have Bob Hope, T. Boone Pickens, Oprah Winfrey, and Tom Brokaw. In April, this distinguished group will be joined by 11 new members, including Leonardo DiCaprio, Michael Bloomberg, and Harry Patten. [caption id="attachment_3193" align="alignright" width="275"] Harry Patten[/caption] Harry’s own story took shape five decades ago when he single-handedly pioneered the development, marketing, and sale of rural land. To hear him tell this tale is to marvel at the characters he has befriended throughout his career, individuals such as the brilliant mutual fund manager Sir John Templeton, whose investment acumen helped propel Patten Corp.’s 1985 IPO and made it the third-best percentage gainer on the New York Stock Exchange the following year. Templeton’s investment in Patten Corp. and his subsequent interest in owning land became the springboard for a valued friendship. The memory of another key ally, a former board member who played a crucial role in Patten Corp.’s success, brings to mind the current real estate market. “One of the reasons we’re very, very aggressive about buying land right now is that it reminds me of the opportunities in Texas in the 1980s. It was John Connally who opened up my eyes to the great values there. My son, Michael, and I went down and looked at a lot of real estate and a lot of ranches and eventually purchased our first Texas ranch from Gov. Connally. Back then was a great buying opportunity, and today’s market has the potential to be just as good. Or even better,” Harry says. The Patten family’s ties to land date back to the Great Land Rush of the 1890s. The family homesteaded in North Dakota, but harsh winters and hostile Indians forced them back east. But Harry Patten Sr. had caught the land bug. In 1899, he paid $20 for his first parcel: 300 acres in Eastern Massachusetts. “My dad was a trader who bought and sold land, cattle, horses, timber. I was born being in business. He drilled it into me,” Harry says. This training led Harry to single out two factors: an endless stream of Bostonians and New Yorkers who wanted to own a few acres, and rural New Englanders who had their life savings tied up in farms but didn’t know the first thing about marketing. In stepped Harry Patten. When Harry took his company public in conjunction with Drexel Lambert in 1985, annual sales rocketed from $18 million to $33 million and then $76 million. By 1988, revenues eclipsed the $100-million-mark. The Wall Street Journal described the rise of Harry Patten in a front page profile that ran above the fold: “Sometimes it’s a place in the woods, a few hours’ drive from Boston and New York, where yuppies can rough it in their L.L. Bean boots. Other times it’s a pristine view of a sparkling Maine lake, a panorama of Vermont’s Green Mountains or a plot outside a picture-post-card Adirondack village. No matter. What’s important is that ‘people develop an emotional attachment to a piece of land,’ says Mr. Patten. ‘That makes it easy to sell.’” Patten Corp. (now the publicly-traded Bluegreen Corporation) and National Land Partners/National Timber Partners, Harry’s current companies, have generated billions in revenues thanks to sold-out developments in 48 states and several Canadian provinces. But many current opportunities have little to do with the Pattens’ original business model. Nowadays, Harry and Michael, along with grandsons Brian and John Patten, sift through opportunities forwarded by bankers, other lenders, and even former competitors. While bankruptcy protection has become the refuge of some companies, the Pattens are working with hedge funds, pension funds, and international investors. Their lengthy track record and strong financial statements affirm their industry-leading status. A new chapter in Harry’s story is titled the Patten Family Foundation. Harry’s philanthropy supports organizations that focus on health, education, and financial literacy. A particular passion of his has been educating children about the free enterprise system through Junior Achievement. The foundation funded Finance Park at the Junior Achievement World Huizenga Center, which opened in 2009 and now educates over 40,000 students per year. Harry is also a long-term supporter of Massachusetts General Hospital, and his foundation remains actively involved as the hospital expands its facilities and conducts major medical research. Recently he was asked to serve on the President’s Council at Massachusetts General. With his daughter Andrea, he co-wrote What Kids Need to Succeed, a book that outlines the four foundations of adult achievement: perseverance, hard work, discipline, and giving back to one’s community. What Kids Need to Succeed has been translated in four languages. But Harry has no time to slow down. His deal-making acumen recognizes enormous opportunities in the current market for his family-owned businesses. An ever increasing number of entities seek to partner with him in new and promising ventures. And the success of his philanthropic efforts only makes him want to give more. “There are too many opportunities out there for me to even think about retiring,” he says. Then he quickly adds, “Which reminds me … let me tell you a story.”]]> 3187 0 0 0 https://landreport.com/2011/01/sold-montanas-n-bar-ranch/ Wed, 26 Jan 2011 07:00:18 +0000 https://www.landreport.com/?p=3202 The Wall Street Journal reports that Land Report 100er Tom Siebel has sold Montana’s iconic N Bar Ranch, 62,091 contiguous acres in the Snowy Mountains. The Journal reports that the buyer was a Texas limited partnership principally owned by Dan and Farris Wilks, co-founders of Frac Tech, a Texas-based oil-field drilling-services firm.Located approximately 90 miles north of Billings and 35 miles southeast of Lewiston, the N Bar totals 62,091 acres, including 51,409 deeded, 4,875 BLM leased, 1,920 Montana leased, and 3,887 privately leased. Joel Leadbetter at Hall and Hall had the $45 million listing; final sales numbers were not disclosed.The historic N Bar has an imposing legacy and predates Montana statehood. Its headquarters compound, which was established in 1885, is listed on the National Register of Historic Places. Under Seibel’s stewardship, the N Bar made balancing cattle operations with wildlife needs a top priority. According to the ranch website:

  With respect to livestock, the N Bar Ranch has retained the best genetics of the N Bar-registered Angus lines. Current management has transformed the ranch into a commercial cow/calf/yearling operation running 1,000 cows with the intention of carrying the calves over to yearlings. A conservative estimate of capacity–at 30 acres per animal unit–is more than 2,000 animals; however, in keeping with present management's emphasis on maintaining top quality wildlife habitat, the ranch currently supports approximately 1,500 head of cattle.

  ]]> 3202 0 0 0 https://landreport.com/2011/01/land-report-january-2011-newsletter/ Sat, 15 Jan 2011 07:00:09 +0000 https://www.landreport.com/?p=3214

  2011 has shot out of the gate in a hurry. In the last 60 days, we've tracked in excess of $100 million in high-profile closings. (Remember 2009? As I recall the figure about this time two years ago was closer to $100,000.)  Easements, auctions, sales — the year is off to a rousing start and some of the more notable transactions, including the sale of the N Bar Ranch, are featured in our January Land Report newsletter.

  Thanks to rising prices, inflationary fears, and a strong pipeline, expect this pace to continue into the spring. For more up to the minute reports, follow The Magazine of the American Landowner on Facebook and on Twitter.

  ]]> 3214 0 0 0 https://landreport.com/2011/02/land-report-100-a-new-no-1/ Tue, 01 Feb 2011 19:00:55 +0000 https://www.landreport.com/?p=3231 The Land Report 100. Colorado's John Malone, who closed on the 290,100-acre Bell Ranch in August 2010, is scheduled to add an additional 1+ million acres in Maine and New Hampshire to his holdings this week. When added to his existing portfolio of 1.2 million acres, it would be enough acreage to vault him from No. 5 on The Land Report 100 to No. 1, ahead of the Irving Family, Brad Kelley, Red Emmerson, and the current No. 1, Ted Turner. The story is making national news, including an article by Katherine Seelye in The New York Times titled "For Land Barons, Acres By the Millions." Wrote Seelye,

  John C. Malone, a media mogul who is on the verge of buying nearly one million acres of timberland in Maine, could soon become the largest private landowner in the United States, catapulting him ahead of Ted Turner on the list of those who accumulate earth the way others accumulate, say, bison.

  The Times quoted Land Report Editor Eric O'Keefe, who noted that "... when the tabulations are done and this transaction closes, Mr. Malone definitely will be America’s largest landowner." According to the Portland Press Herald, Malone's BBC LLC will acquire 1,004,346 acres belonging to GMO Renewable Resources, a forest investment management company:

  "The acquisition will  give Malone ownership of more than 5 percent of Maine's total land mass of 22 million acres. All but about 30,000 acres of his purchase is in Maine with the remainder in New Hampshire."

  ]]> 3231 0 0 0 16385 http://www.rachatdecredit.net 0 0 https://landreport.com/2010/12/the-land-report-winter-2010/ Wed, 15 Dec 2010 07:00:40 +0000 https://www.landreport.com/?p=3236

  All Access Pass

  If you love land as much as we do, have we got a show for you.

  As every concertgoer knows, there’s no hotter ticket than an All Access Pass. Going backstage before the show, watching the roadies set up, listening in as the crowd arrives, and then counting down till showtime — it’s the only way to go. That’s the way I feel about this magazine. Our mission is to show you the places no one else gets to go. So much of what we present is drawn directly from America’s leading landowners, like Nancy Myers’s back-page profile of Gerald Lyda. Trey Lyda’s photo is true grit, not some Coca-Cola cowboy’s grip and grin, and Dee Lyda’s comments about his parents’ legacy sum up what The Land Report stands for. Or how about our exclusive excerpt from Under One Fence. About a year and a half ago, I first got wind of the fact that two of our field staffers, Wyman Meinzer and Henry Chappell, were collaborating on a book about the largest ranch behind a single fence in these United States. My initial reaction was, “Man, I’ve got to get on the Waggoner!” My second was, “Man, I’ve got to get our readers on the Waggoner!” Some 18 months later, this massive project is a done deal. The book is a masterpiece, and I encourage you to get your hands on a copy at the Waggoner Ranch Store: www.waggonerranch.com. A final eye-opener is our first-ever survey of the country’s leading land brokerages. Hats off to Articles Editor Katy Richardson, who spent months tracking down and interviewing these professionals. As you read through them, I hope you take away as many insights as I have. I am especially proud that Jim Taylor saw fit to break the news about Hall and Hall Auctions in the pages of this magazine. Jim and his partners recognizethat investment quality rural land is an underserved asset class, one with a great story to tell. I couldn’t have said it better myself. Eric O’Keefe, Editor, The Land Report]]> 3236 0 0 0 https://landreport.com/2011/02/lands-best-friend-the-feist/ Fri, 04 Feb 2011 00:00:07 +0000 https://www.landreport.com/?p=3254 Don’t be fooled by the small packaging. Feists are equal parts cast iron and nitroglycerin. Ounce for ounce, they may be the toughest dogs in the world. They certainly have my vote as the most versatile. Feists are working-class in origin and terrier-like in appearance and temperament. Their lineage goes back to terrier breeds developed in Merry Old England to hunt small vermin. Like countless other country traditions, English immigrants brought their terriers to the American colonies. During the late eighteenth century and the first half of the nineteenth century, they bred the little dogs for increased hunting and scenting ability by crossing them with curs, beagles, and other scenthounds. Today, common types of feist include the DenMark feist, the Mullins feist, the Thornberg feist, and the catchall treeing feist. Consistent with their terrier background, feists are fearless and alert, but also companionable and easy to train. Feists run 20 to 35 pounds and sport a short, low-maintenance coat. Ears may be erect or floppy; bobtails are traditional but not required. Most feists are silent trailers. Once treed, they alert the hunter with a clear, chopping bark. Although their treeing instinct and natural prey drive make them popular with squirrel and ‘coon hunters, feists also do well with light stock-herding work. Needless to say, they’re deadly on small vermin. Do: - Take your feist puppy for frequent walks in the woods as soon as it has completed a course of inoculations. - Join the National Cur and Feist Breeders Association: 713 E. Sycamore St, Jasonville, IN 47438, (812) 665-3263. Don’t: - Introduce a pup to gunfire until it is hunting boldly and shows a strong interest in game. Henry Chappell's field reports have been a mainstay of The Land Report since its founding in 2007. In addition to penning Working Dogs of Texas, he recently wrote Under One Fence: The Waggoner Ranch Legacy.]]> 3254 0 0 0 https://landreport.com/2011/02/market-watch-tejon-ranch-sells-conservation-easements-for-15-8m/ Mon, 07 Feb 2011 07:00:58 +0000 https://www.landreport.com/?p=3273 Tejon Ranch (TRC) will sell five conservation easements covering some 62,000 acres of the 270,000-acre property to the California Wildlife Conservation Board for $15.8 million. The transaction is yet another step by California's largest private landowner to monetize remote areas of the ranch with little near-term development potential. The following, more complete account of the transaction was posted at Tejon Ranch's website:

  Tejon Ranch Co. (NYSE: TRC) announced today the California Wildlife Conservation Board (WCB), has approved the purchase, for $15.8 million, of five conservation easements covering approximately 62,000 acres of land located on various portions of the 270,000 acre Tejon Ranch. This furthers the implementation of the historic Tejon Ranch Conservation and Land Use Agreement signed in 2008. The 62,000 acres is a component of the 240,000 acres designated for protection under the 2008 agreement. The $15.8 million purchase price represents the conservation easement value for the acreage as determined by an independent appraisal directed by the WCB. The WCB, at its November 18, 2010 Board Meeting, accepted the appraisal and authorized the use of existing bond funds approved by California voters in 2006 under Proposition 84 to acquire the conservation easements. Tejon Ranch Co. will retain fee ownership of the 62,000 acres and continue to operate current revenue generating activities including farming, cattle grazing, filming, oil and gas and other mineral exploration and production on portions of the acreage. The conservation easements will preclude the Company from pursuing any long term development on the 62,000 acres. This transaction allows the Company to realize an immediate value, as opposed to what possibly could have been realized through development of those areas sometime in the distant future. “The Wildlife Conservation Board’s action gives the Company an opportunity to monetize, in the near term, potential long-term value associated with these remote areas of the Ranch that have little, if any, near-term development potential,” said Michael H. Winer, Portfolio Manager for Third Avenue Management LLC, the Company’s largest shareholder, and member of the Tejon Ranch Co. Board of Directors. “Further, it will preserve in perpetuity the environmentally important values of these lands through the imposition of conservation easements, administered by the independent Tejon Ranch Conservancy.” The 62,000 acres represents the total acreage of five separate acquisition areas negotiated as part of the 2008 Conservation and Land Use Agreement. In that Agreement, the Resource Groups: Audubon California, Endangered Habitats League, Natural Resources Defense Council, Planning and Conservation League, and the Sierra Club, were given an option to acquire conservation easements over those areas. This action today by the WCB fulfills that option. The remaining balance of the property protected by conservation easements as defined within the landmark Agreement, approximately 178,000 acres, will be dedicated by Tejon Ranch Co. to the Conservancy over the next several decades as the Company achieves entitlement and ultimately develops the communities of Tejon Mountain Village, Centennial and the future 12,400 acre planning area at the base of the Grapevine. Robert A. Stine, President and CEO of Tejon Ranch Company, stated, “today’s action by the WCB is the culmination of a long process involving many entities who came to the table with a vision and desire to create a new way to resolve the competing interests of land development and environmental preservation. In that regard, I am grateful for the role our partner in Tejon Mountain Village, DMB Associates, and its CEO, Eneas Kane, played in assisting Tejon Ranch in achieving the landmark agreement, which today’s action by the WCB fully embraces. This action is a major positive step forward for our company and its shareholders. It allows us to continue current revenue generating operations; to realize current revenue from the sale of easements on longer term potential land development opportunities; and proceed with Tejon Mountain Village, Centennial and the 12,400 acre development opportunities at the base of the Grapevine. All of these actions will result in greater shareholder value. Further, this is a major milestone in preserving in perpetuity environmentally important property for future generations of Californians to enjoy.” Additional steps are required before the sale of the easements will close, including the filing of various public notices, the completion of title review and the execution of the Grant Agreement between the WCB and the Tejon Ranch Conservancy.

  ]]> 3273 0 0 0 https://landreport.com/2011/02/albany-to-pay-30-million-to-preserve-adirondacks/ Thu, 10 Feb 2011 07:00:59 +0000 https://www.landreport.com/?p=3293 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 Paper Holdings forestlands. In 2009, it sold 92,000 acres of this timberland to a subsidiary of the Danish pension fund ATP for $30 million. TNC has now the sold conservation rights and certain access rights to 30 miles of snowmobile trails on the ATP land to the state for $30 million. According to the New York Times:

  The latest transaction will result in improved public access to thousands of acres of forest, The Nature Conservancy said. It includes provisions for a better network of snowmobile trails in the region, important to the winter tourist economies of several small towns. The plan, approved by 27 towns on or near the former Finch lands, relieves some villages of having to make annual lease payments for snowmobile trails. “It’s a very exciting day for us, and I think a really strategic investment by the state of New York in the Adirondack economy, and really, the tourism economy of the state,” said Michael T. Carr, executive director of the Adirondack chapter of The Nature Conservancy. Mr. Carr said the conservation easement contains an innovative provision meant to allow biologists of the future greater flexibility in coping with climate change. With species expected to migrate north and to migrate higher up mountain slopes in a warming world, the conservation easement requires biological monitoring and a re-examination of management plans for the property, allowing for course corrections to be made if plants or animals require greater protection.

  ]]> 3293 0 0 0 https://landreport.com/2011/02/vistas-trees-ranch/ Fri, 11 Feb 2011 07:00:53 +0000 https://www.landreport.com/?p=3328 Set along the banks of the East Fork of Utah's Virgin River and surrounded by Zion National Park as well as recently designated wilderness areas, Trees Ranch is in fact a working ranch, one with abundant agricultural, recreational, historical, and cultural resources. The 2,066-acre property was assembled in stages by the late Jim Trees, CEO of the New York investment firm Fischer, Francis, Trees & Watts. Set in Washington County, the region is steeped in history. In addition, Trees Ranch has four homes and ranch structures designed by William McDonough. Each of the buildings reflect the unique geology, history and vernacular of the area. Take a tour HERE. $30 million (303) 623-4545 www.mirrranchgroup.com]]> 3328 0 0 0 https://landreport.com/2011/02/market-watch-chesapeake-sells-2-16b-eagle-ford-stake/ Mon, 14 Feb 2011 07:00:24 +0000 https://www.landreport.com/?p=3343 The China National Offshore Oil Corporation (CNOOC) has purchased a 33.3% undivided interest in Chesapeake Energy's 600,000 net oil and natural gas leasehold acres in the Eagle Ford Shale in South Texas. The deal was CNOOC’s first to close in the U.S. since its failed 2005 Unocal bid. Deal terms included $1.08 billion in cash, plus an additional $40 million payment adjustment at closing. CNOOC has also agreed to fund 75% of Chesapeake's share of drilling and completion costs up to $1.08 billion, which Chesapeake expects to occur by year-end 2012. Chesapeake CEO Aubrey McClendon, who also is a Land Report 100er, said , "We are very pleased to have partnered with CNOOC Limited in completing our fifth industry shale development transaction. We look forward to accelerating the development of this large domestic oil and natural gas resource, resulting in a reduction of our country's oil imports over time, the creation of thousands of high-paying jobs in the U.S. and the payment of very significant local, state and federal taxes."]]> 3343 0 0 0 https://landreport.com/2011/02/indiana-farmland-skyrockets/ Thu, 17 Feb 2011 07:00:34 +0000 https://www.landreport.com/?p=3361 The Indianapolis Star. “The fourth quarter was the biggest increase I’ve ever seen in farmland value,” said Slonaker, who also brokers for Schrader Real Estate & Auction Co. ]]> 3361 0 0 0 https://landreport.com/2011/02/land-report-top-ten-february-2011/ Wed, 16 Feb 2011 07:00:25 +0000 https://www.landreport.com/?p=3374 From the Lone Star State to Hawaii and the Atlantic to the Pacific, here are America’s priciest properties, led by $90 million Rancho Dos Pueblos, pictured here, which is listed by Kerry Mormann. 1. Rancho Dos Pueblos: $90 million This impressive oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, California, it’s one of the largest remaining ranches along the breathtaking Gaviota Coast. The 2,000 northern acres are available separately for $19 million. Kerry Mormann & Associates has the listing. 2. Aspen Valley Ranch: $59 million Billed as the largest ranch near Aspen in the Roaring Fork Valley, this ranch boasts senior water rights as well as over 800 acres and is located just 10 minutes from the Aspen airport. Joshua Saslove of Joshua & Co. has the listing. 3. Robert Taylor Ranch: $56 million 112 acres in Los Angeles’s tony Brentwood enclave. The expansive ranch house, which was designed by Robert Byrd, features 17 bedrooms and 17 bathrooms. Joyce Rey of Coldwell Banker Previews International has the listing. 4. Hana Ranch: $55 million This 4,500-acre working ranch on eastern Maui surrounds the town of Hana. The property boasts two miles of Pacific oceanfront and rises 2,200 feet up the slopes of majestic Haleakala. Dan Omer of Island Sotheby’s International Realty has the listing. 4. Rockpile Ranch: $55 million At the Rockpile Ranch, the Old West and cutting-edge range management blend seamlessly. For only the third time in over a century, this 55,374-acre cattle ranch in the Davis Mountains of Far West Texas has come on the market. Since 1992, the Rockpile has been owned by McCoy Remme Ranches (No. 51 on the 2010 Land Report 100). James King of King Land and Water is the listing agent. 6. Villa Montana: $49 million Piecing together 500 acres in California’s wine country is an achievement in itself, one that only a pro such as Joe Montana could pull off. Included on the Hall of Famer’s estate are an equestrian center, a full-sized basketball court, a working olive farm, and a 9,700-square-foot Tuscan-inspired residence. Avram Goldman of Pacific Union International has the listing. 7. Flying Dog Ranch: $46 million This Aspen landmark sits on 245 acres that include nearly a mile of Collins Creek and Woody Creek. In addition, the Flying Dog has a great neighbor: the White River National Forest, whose two million acres feature some of Colorado’s top fishing and hunting. Lynne Kirchner of Amoré Realty has the listing. 8. Dana Ranch: $45 million Over the last 95 years, this landmark holding has had just two owners. The Dana Ranch has won numerous conservation awards. The ranch supports 3,000 animal units on 59,000 total acres (45,000 deeded plus 14,000 acres of captive State leased lands). The profitable cattle operation also boasts extraordinary wildlife and fishery resources. Listed by Dave Johnson with Hall and Hall. 8. Tyndal Point: $45 million 55 acres at the east end of Long Island feature 3,000 feet of shoreline views as well as several residences, a deepwater dock, and an orchard. Scott Strough of Strough Real Estate Associates shares the listing with Gary DePersia of The Corcoran Group. 10. Craig Ranch: $43 million This 838-acre ranch sits 20 minutes from Aspen, offers stunning views of the Elk Range, and features one mile of frontage on both sides of Woody Creek. Co-marketed by Mason Morse Ranch Company and Mason Morse Real Estate’s Aspen office.]]> 3374 0 0 0 https://landreport.com/2010/09/land-report-100-the-fanjul-family/ Wed, 15 Sep 2010 07:10:10 +0000 https://www.landreport.com/?p=4142 4142 0 0 0 https://landreport.com/2011/02/state-of-georgia-to-acquire-9595-acres/ Mon, 21 Feb 2011 07:00:33 +0000 https://www.landreport.com/?p=3430 In December, the Georgia State Properties Commission unanimously approved the acquisition of 10,015 acres of land in Houston County for $28.7 million from Oaky Woods Properties LLC. The Middle Georgia acreage is part of 16,000 acres in Oaky Woods west of the Ocmulgee River already under lease by the state. At $2,865 per acre, the acquisition cost is almost double the property's price in 2004, which is when the State of Georgia declined the opportunity to acquire it previously.]]> 3430 0 0 0 https://landreport.com/2011/02/power-struggle/ Thu, 24 Feb 2011 07:00:06 +0000 https://www.landreport.com/?p=3437 Louis Bacon fends off utility companies as they try to build transmission lines across his Colorado ranch. He also adds North Carolina’s Orton Plantation to his portfolio. In 2007, London-based hedge fund manager Louis Bacon claimed his place on The Land Report 100 when he paid the heirs of Malcolm Forbes $175 million for Southern Colorado’s Trinchera Ranch. The 171,400-acre property is a haven of biodiversity and includes three of Colorado’s majestic Fourteeners. In the three short years since, Bacon has been recognized as a keen steward of the land; he’s even been singled out by Colorado’s Division of Wildlife for his support in their management of several species. Not surprisingly, Bacon opposes Xcel Energy and Tri-State Generation and Transmission Association’s proposed $180 million transmission line project across his ranch. “Having helped many others in their fights against outside, profit-oriented polluters, I couldn't shirk this battle when I know there is so much at stake for the San Luis Valley residents, the range, the environment, the animals, and for all of Colorado,” he told The Denver Post via email. Bacon enjoyed a well-established reputation as a land steward prior to buying Trinchera. He has put conservation easements on several trophy properties, including the Sound of Music Ranch on Wilson Mesa outside of Telluride, Cow Neck Farm in the Hamptons, and Robins Island in Peconic Bay at the eastern end of Long Island. In November, the Raleigh native added another signature property to his portfolio when he closed on North Carolina’s historic Orton Plantation, a colonial estate that was originally owned by an ancestor named Roger Moore. The 8,300-acre landmark had been owned by the Sprunt family since 1884 and is crowned by the last remaining pre-Civil War manor house on the Lower Cape Fear. (The grand structure was spared by Union forces, who used it as a military hospital.) According to the Wilmington Star News, revenue stamps associated with the deeds put the sale price of the Brunswick County estate at $45 million.]]> 3437 0 0 0 https://landreport.com/2011/02/colorados-craig-ranch/ Fri, 25 Feb 2011 07:00:38 +0000 https://www.landreport.com/?p=3441 HERE.]]> 3441 0 0 0 https://landreport.com/2011/02/land-report-100-william-noble-lane-ii/ Wed, 23 Feb 2011 07:00:49 +0000 https://www.landreport.com/?p=3471

  Bill Lane believed in taking the “steeper path to the farther goal.” A visionary with an independent spirit, Lane’s love of the land and the Western lifestyle led him to resurrect New Mexico’s legendary Bell Ranch and return it to its former grandeur. The Bell and Lane’s other significant landholding, 7,600-acre Eldon Farms in rural Rappahannock County, Virginia, have been enjoyed by generations of the Lane family and have also served the public by preserving two beautiful and historic natural resources.

  Lane’s road to the Bell Ranch began in 1947. A naval aviator during World War II, Lane, his brother, and a close friend made a modest investment in a struggling manufacturing company with sales of $250,000 and 20 employees. Under his leadership, General Binding Corporation grew into an industry giant. By 1967, the company, which by then had gone public, operated 17 plants around the world with offices in more than 50 countries and sales in excess of $20 million.

  But business wasn’t Lane’s only strong suit. The Milwaukee-raised mogul possessed an uncanny ability to identify one-of-a-kind properties. His first major foray was in Virginia’s Piedmont Country. In the early 1960s, he discreetly acquired farm after farm in the heart of the Blue Ridge Mountains: Rappahannock, Culpeper, and Madison counties. Through more than 40 purchases, he assembled almost 9,300 contiguous acres. Devoted primarily to cattle as well as orchard and row crops, Eldon Farms evolved into one of Virginia’s largest private land holdings.

  In 1969, Lane’s search for a sprawling spread led him to Northern New Mexico and the iconic Bell Ranch 150 miles east of Santa Fe. The Bell’s 130,855-acre headquarters had been the keystone of the historic Pablo Montoya Land Grant, a massive 655,468-acre holding whose storied past dated back to 1824. When Lane purchased the tract in 1970, it was the largest sale in the Southwest in decades. Lane made clear his intention to “keep the ranch running like it has been in the past–a real working ranch for the production of fine cattle.” The Bell Ranch became his passion, and, within a few years, he had increased its size to over 290,000 acres, almost half the size of the original Montoya grant.

  Bill Lane’s ability to start small but think big was echoed in many aspects of his life, including his business career and his land holdings. Beginning with Eldon Farms and subsequently on the Bell Ranch, his wisdom in selecting properties with enduring value is even more apparent today than when he acquired them 40 and 50 years ago–a testament to his love of land.

  Bill Lane believed in taking the “steeper path to the farther goal.” A visionary with an independent spirit, Lane’s love of the land and the Western lifestyle led him to resurrect New Mexico’s legendary Bell Ranch and return it to its former grandeur. The Bell and Lane’s other significant landholding, 7,600-acre Eldon Farms in rural Rappahannock County, Virginia, have been enjoyed by generations of the Lane family and have also served the public by preserving two beautiful and historic natural resources. Lane’s road to the Bell Ranch began in 1947. A naval aviator during World War II, Lane, his brother, and a close friend made a modest investment in a struggling manufacturing company with sales of $250,000 and 20 employees. Under his leadership, General Binding Corporation grew into an industry giant. By 1967, the company, which by then had gone public, operated 17 plants around the world with offices in more than 50 countries and sales in excess of $20 million. But business wasn’t Lane’s only strong suit. The Milwaukee-raised mogul possessed an uncanny ability to identify one-of-a-kind properties. His first major foray was in Virginia’s Piedmont Country. In the early 1960s, he discreetly acquired farm after farm in the heart of the Blue Ridge Mountains: Rappahannock, Culpeper, and Madison counties. Through more than 40 purchases, he assembled almost 9,300 contiguous acres. Devoted primarily to cattle as well as orchard and row crops, Eldon Farms evolved into one of Virginia’s largest private land holdings. In 1969, Lane’s search for a sprawling spread led him to Northern New Mexico and the iconic Bell Ranch 150 miles east of Santa Fe. The Bell’s 130,855-acre headquarters had been the keystone of the historic Pablo Montoya Land Grant, a massive 655,468-acre holding whose storied past dated back to 1824. When Lane purchased the tract in 1970, it was the largest sale in the Southwest in decades. Lane made clear his intention to “keep the ranch running like it has been in the past–a real working ranch for the production of fine cattle.” The Bell Ranch became his passion, and, within a few years, he had increased its size to over 290,000 acres, almost half the size of the original Montoya grant. Bill Lane’s ability to start small but think big was echoed in many aspects of his life, including his business career and his land holdings. Beginning with Eldon Farms and subsequently on the Bell Ranch, his wisdom in selecting properties with enduring value is even more apparent today than when he acquired them 40 and 50 years ago — a testament to his love of land.]]> 3471 0 0 0 https://landreport.com/2011/03/land-report-march-2011-newsletter/ Tue, 15 Mar 2011 07:00:38 +0000 https://www.landreport.com/?p=3493 Take a look at this month's edition of The Land Report newsletter, and you'll see a wide array of opportunities to invest in land. From the pastoral - Virginia's horse country — to the nitty gritty — Fayetteville shale gas interests — and of course the time-tested returns of Midwest farmland, land's appeal as a tangible commodity continues to rise. No doubt this trend will only strengthen thanks to John Malone's January purchase of more than 1 million acres, primarily in Maine but also in New Hampshire, the biggest transaction in decades. P.S. Our award-winning quarterly magazine is available in a print version via subscription.]]> 3493 0 0 0 https://landreport.com/2011/03/land-report-top-ten-march-2011/ Tue, 01 Mar 2011 07:00:24 +0000 https://www.landreport.com/?p=3508 Here are America’s priciest properties for March. Dana Ranch, pictured here, is a landmark holding that has had just two owners in the last 95 years and is listed by Dave Johnson with Hall and Hall. 1. Rancho Dos Pueblos: $90 million This impressive oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, California, it’s one of the largest remaining ranches along the breathtaking Gaviota Coast. The 2,000 northern acres are available separately for $19 million. Kerry Mormann & Associates has the listing. 2. Aspen Valley Ranch: $59 million Billed as the largest ranch near Aspen in the Roaring Fork Valley, this ranch boasts senior water rights as well as over 800 acres and is located just 10 minutes from the Aspen airport. Joshua Saslove of Joshua & Co. has the listing. 3. Robert Taylor Ranch: $56 million 112 acres in Los Angeles’s tony Brentwood enclave. The expansive ranch house, which was designed by Robert Byrd, features 17 bedrooms and 17 bathrooms. Joyce Rey of Coldwell Banker Previews International has the listing. 4. Hana Ranch: $55 million This 4,500-acre working ranch on eastern Maui surrounds the town of Hana. The property boasts two miles of Pacific oceanfront and rises 2,200 feet up the slopes of majestic Haleakala. Dan Omer of Island Sotheby’s International Realty has the listing. 4. Rockpile Ranch: $55 million At the Rockpile Ranch, the Old West and cutting-edge range management blend seamlessly. For only the third time in over a century, this 55,374-acre cattle ranch in the Davis Mountains of Far West Texas has come on the market. Since 1992, the Rockpile has been owned by McCoy Remme Ranches (No. 51 on the 2010 Land Report 100). James King of King Land and Water is the listing agent. 6. Flying Dog Ranch: $46 million This Aspen landmark sits on 245 acres that include nearly a mile of Collins Creek and Woody Creek. In addition, the Flying Dog has a great neighbor: the White River National Forest, whose two million acres feature some of Colorado’s top fishing and hunting. Lynne Kirchner of Amoré Realty has the listing. 7. Dana Ranch: $45 million Over the last 95 years, this landmark holding has had just two owners. The Dana Ranch has won numerous conservation awards. The ranch supports 3,000 animal units on 59,000 total acres (45,000 deeded plus 14,000 acres of captive State leased lands). The profitable cattle operation also boasts extraordinary wildlife and fishery resources. Listed by Dave Johnson with Hall and Hall. 8. Craig Ranch: $43 million This 838-acre ranch sits 20 minutes from Aspen, offers stunning views of the Elk Range, and features one mile of frontage on both sides of Woody Creek. Co-marketed by Mason Morse Ranch Company and Mason Morse Real Estate’s Aspen office. 9. Villa Montana: $35 million Piecing together 500 acres in California’s wine country is an achievement in itself, one that only a pro such as Joe Montana could pull off. Included on the Hall of Famer’s estate are an equestrian center, a full-sized basketball court, a working olive farm, and a 9,700-square-foot Tuscan-inspired residence. Avram Goldman of Pacific Union International has the listing. 10. Dallenbach Ranch: $29 million 130 deeded acres surrounded by BLM and Colorado Division of Wildlife with Frying Pan River Frontage, Dallenbach Ranch is close to Basalt and Aspen Colorado. The ranch boasts Gold Medal private fly fishing on the Frying Pan with exceptional Elk, Big Horn, Mule Deer and Black Bear hunting. Fay Ranches has the listing.]]> 3508 0 0 0 https://landreport.com/2011/03/bank-of-america-buys-kluges-virginia-estate/ Thu, 03 Mar 2011 07:00:57 +0000 https://www.landreport.com/?p=3524 Bank of America paid $15+ million for Patricia Kluge’s legendary Virginia horse country estate at a foreclosure auction on the steps of the Albemarle Circuit Court House in February. The lender filed a foreclosure lawsuit last month after Kluge defaulted on $23 million in loans. Among the bidders were representatives of Donald Trump from the law firm of Skadden, Arps, Slate, Meagher & Flom. Trump has already acquired 200 acres abutting the 100-acre estate and is rumored to be negotiating for Kluge's 900-acre winery. Completed in 1985, Albemarle is an eight-bedroom, thirteen-bath manor and was originally listed with Sotheby’s International Realty for $100 million in 2009. The price subsequently dropped to $24 million.]]> 3524 0 0 0 https://landreport.com/2011/03/vistas-georgias-chinquapin-plantation/ Fri, 04 Mar 2011 07:00:19 +0000 https://www.landreport.com/?p=3537 $12.9 million (850) 508-2999 www.JonKohler.com ]]> 3537 0 0 0 https://landreport.com/2011/03/land-report-100-d-k-boyd/ Wed, 16 Mar 2011 07:00:05 +0000 https://www.landreport.com/?p=3563

  D.K. Boyd, pictured with mentor Ted Gray (left) and wife T.J. (center).

  Passionate about property rights, Boyd places great value on shared knowledge. “It’s kind of the old cowboy approach to life,” he says. Boyd trades tips with fellow landowners about laws, rules, regulations, and rights, including the rights of oil and gas, pipeline, and utility companies. “We give up 100 percent of the knowledge we have and are pretty bold about asking for theirs. The way I approach it is network, network, network. We tend to migrate toward like-minded individuals and try to distance ourselves from the rest. If they have similar ethics and integrity it’s a beautiful arrangement.” As a teenager, he recognized the rewards of land ownership doing day work for Fort Stockton-area ranchers. “It allowed me to be exposed to a tremendous amount land in that part of the world and learn a lot about ranching. That’s really where it all started.” Boyd’s father worked for Exxon. His mother was in the banking business. His mentors were property owners and landowners, including rancher Ted Gray, who was based out of Alpine. Boyd’s favorite read is Barney Nelson’s The Last Campfire, a chronicle of Gray’s decades-long career. “At the time that I was first started getting to know Ted, he owned ranches, banks, and was one of the largest ranchers in the Davis Mountains area. That he would take time to work with a young guy like me — you can’t put a value on that. He’s kind of my John Wayne.” Boyd pieced together his land portfolio with wife T.J. at his side. He acquired the 137,372-acre Frying Pan Ranch in 1996 and the 106,065-acre LE Ranch in 1998. The two cattle operations are among the most historic in West Texas and Southeast New Mexico. Boyd ranked 34th on the 2010 Land Report 100. His holdings top out at 290,624: 243,664 deeded acres mixed in with some state and private leases. He pursues additional landholdings every day. He and T.J. live part-time at the Frying Pan. She’s involved in office and ranch operations, and son Clay (one of five children) deals primarily with surface agreements, pipeline right-of-ways, and environmental assessment. Boyd subscribes to the Boy Scout approach: “We need to leave something for future generations that’s better than what we have. If someone is a slash-and-burn type operator, coming in and breaking up land and selling it to the highest bidder, or selling off small parcels, they’re not interested in the preservation of the body of the land or environmental and resource development. So there’s really very little we have in common. You have to look at the long-term. Because the land’s going to be there forever.”]]> 3563 0 0 0 https://landreport.com/2011/03/market-watch-chicago-fed-cites-surge-in-midwest-land-prices/ Thu, 17 Mar 2011 07:00:53 +0000 https://www.landreport.com/?p=3573 FOUR TIMES A YEAR

  gricultural land values in the Seventh Federal

  Reserve District jumped 12 percent in 2010,

  according to the Federal Reserve Bank of Chicago.

  The district encompasses key portions of America’s

  Corn Belt, including Illinois, Indiana, Iowa, Michigan, and Wisconsin. The

  increase was the second largest on record over the last three decades and

  was greatest in Iowa, where values soared a whopping 18 percent. According

  to the Chicago Fed’s agricultural newsletter, “Slightly more than half of the

  respondents expected farmland values to keep rising during the January

  through March period of 2011.” Read the Chicago Fed’s AgLetter HERE.VAL

  ]]> 3573 0 0 0 https://landreport.com/2011/03/joe-coo/ Thu, 31 Mar 2011 07:00:37 +0000 https://www.landreport.com/?p=3599 3599 0 0 0 https://landreport.com/2011/03/minnesota-power-to-expand-bison-wind-farm/ Mon, 28 Mar 2011 07:00:12 +0000 https://www.landreport.com/?p=3605 Minnesota Power has notified the North Dakota Public Service Commission of its intent to begin the second phase of the Bison Wind Farm project in central North Dakota. The additional capacity will increase total power generation to 185 MW. The Bison 2 wind project  will use 35 3-megawatt turbines manufactured by Siemens AG. Further expansion of the Great Plains wind farm is planned to meet Minnesota’s mandate for 25 percent of its electricity from renewable resources by 2025. "The timing is fortunate for expanding our renewable energy production," said Alan Hodnik, president and CEO of Minnesota Power's parent company, ALLETE. "Development of Bison 2 will leverage substantial investments we’ve already made in North Dakota and take advantage of the federal production tax credit and a very competitive wind turbine market." "Bison 2 will be very economical for our customers,” Hodnik added. “This project is an example of our larger strategy of meeting the demands of a changing energy landscape, reducing our overall reliance on fossil fuels, and making effective use of existing transmission capacity." Electricity generated by the Bison Wind Farm travels to Minnesota via transmission lines used for coal-generated power from the Milton Young station near Center, North Dakota.]]> 3605 0 0 0 https://landreport.com/2011/03/for-sale-oregons-wild-billy-lake/ Tue, 29 Mar 2011 07:00:54 +0000 https://www.landreport.com/?p=3615 Live Water Properties]]> 3615 0 0 0 https://landreport.com/2011/03/joe-montana-the-land-report-interview/ Wed, 30 Mar 2011 07:00:54 +0000 https://www.landreport.com/?p=3656 3656 0 0 0 https://landreport.com/2011/04/for-sale-hollow-top-ranch/ Tue, 12 Apr 2011 00:00:16 +0000 https://www.landreport.com/?p=3678 www.bateslandco.com]]> 3678 0 0 0 https://landreport.com/2011/04/lands-best-friend-catahoulas/ Thu, 07 Apr 2011 07:00:08 +0000 https://www.landreport.com/?p=3685 | Photography by Dawn Jones The world’s grittiest dog? The Catahoula. The boar weighed at least 300 pounds. Guthrie, a two year-old Catahoula, weighed about 60 pounds. The two collided with predictable results. Guthrie, flattened and addled but far from finished, righted himself and pursued. A few minutes later, he and his three pack-mates brought the boar to bay. I witnessed the collision from 15 yards away. As I huffed toward the squealing and baying, I declared the Catahoula the world’s grittiest dog. Generations of “cracker” cowboys who counted on their Catahoulas to roust wild cattle from palmetto flats would not argue with that appraisal. Don’t turn a Catahoula loose on your flock of sheep; he’ll eat them up getting them into the pen. Save him for the mad mama Hereford that just ran through your three border collies. Or the boar that cuts up Plott hounds for sport. Early settlers found versatile hunting and herding dogs among Indians in Louisiana’s Catahoula Lake area. They may have been pure native stock, but they probably shared blood with hunting, herding, and war dogs brought by European explorers. Catahoulas are fierce toward game and rough with livestock but friendly toward humans. Most run about 55 to 80 pounds. Dog lovers are drawn to the Catahoula’s striking coat, athleticism, and ghostly blue or “glass” eyes. Do: - Select only from working stock. - Seek training tips from experienced hunters and herdsmen. Don’t: - Worry about eye color. A good dog looks good. - Get too much white in your dog’s coat.]]> 3685 0 0 0 https://landreport.com/2011/03/the-land-report-spring-2011/ Tue, 15 Mar 2011 07:00:52 +0000 https://www.landreport.com/?p=3725 NFL Hall of Famer Joe Montana headlines the Spring 2011 issue of the Magazine of the American Landowner with an exclusive interview. Travel to Sonoma County for a behind-the-scenes look at Villa Montana, the stunning 503-acre estate that has been the Montana family's wine country getaway since Joe's retirement from the NFL. Also in the spring issue, a Special Report on America's Top 30 Auction Houses. This annual rundown features the nation's leading auctioneers and is an indispensable resource for anyone thinking of investing in land.    ]]> 3725 0 0 0 https://landreport.com/2011/04/land-report-april-2011-newsletter/ Fri, 15 Apr 2011 07:00:19 +0000 https://www.landreport.com/?p=3777 Consider the plight of Chantelle and Michael Sackett. In 2007, the Idaho landowners received a compliance notice from the Environmental Protection Agency (EPA) telling them that their waterfront property on Priest Lake was in a wetlands zone. They could either quit building their dream home and return the land to its original condition or face considerable fines. So the couple appealed to the Ninth Circuit Court, which subsequently ruled that the only way their appeal would be heard is if they first applied to the EPA for wetlands status and then were denied. Is it any wonder the Sacketts have now appealed to the U.S. Supreme Court? Follow the case of these landowners as well as much more in the April edition of The Land Report newsletter. For more up to the minute reports, follow The Magazine of the American Landowner on Facebook and Twitter. P.S. Our award-winning quarterly magazine is available in a print version via subscription.  ]]> 3777 0 0 0 https://landreport.com/2011/04/building-a-stock-tank/ Wed, 13 Apr 2011 07:00:21 +0000 https://www.landreport.com/?p=3797 Having trouble with your waters? Consider the challenges faced on the Waggoner Ranch: over half a million acres under one fence and not a drop of groundwater. PHOTOGRAPHY BY WYMAN MEINZER PUBLISHED SPRING 2011 Early last century, Texas rancher W.T. Waggoner drilled for water. Much to his disgust, he struck oil instead. His disappointment was simple. It was survival. W.T. came of age in the 1880s and had endured one of the darkest eras in ranching history, the drought of 1885-86. Tens of thousands of cattle perished. Hundreds of thousands more were sold at a loss. Comanches could be fought or dodged, rustlers could be caught and hanged, but drought? It had to be endured. Half a century after W.T. Waggoner drilled his disappointing (but highly profitable) well, Waggoner Ranch foreman G.L. Proctor declared that no cow should have to travel more than a mile to water on the great ranch. That’s a tall order on the Waggoner, even though the Wichita River bisects the ranch’s 535,000 acres. For all of its natural wealth, the ranch has not a drop of groundwater. Ranch visitors almost always notice the lack of windmills. They also notice an abundance of manmade stock ponds or tanks, some 3,200 of them, located to take advantage of natural drainage. “We’re still trying to hit that magic figure of a mile or less to water,” says Weldon Hawley, current foreman on the Waggoner. “Drought remains the biggest challenge we face.” Hawley and his team work with the natural resources conservation commission (NRCS) to design and build tanks that last for decades and require little or no maintenance. “Your typical Waggoner tank is about 5,000 cubic yards – that’s dirt removed – and will hold about a million gallons,” he says. “They’re usually round, about 14 feet deep, and 150 feet across, with the dam facing south to minimize evaporation.” Waggoner tank builders look for drainages where runoff has been filtered by grass and other native vegetation. “We like a four-to-one slope,” Hawley says. “a small, deep tank will keep its water cooler. You get a big, shallow tank, and evaporation and siltation will eat you up.” A core sample is always taken to ensure a clay bottom. Tanks with gravel or sand bottoms don’t hold water. Hawley suggests landowners budget $6,000 to $8,000 for construction of a 5,000-yard tank, with a minimum of one tank per 1,500 acres. Not cheap, but far cheaper than doing nothing.]]> 3797 0 0 0 https://landreport.com/2011/04/5-million-hilton-head-easement-acquisition/ Thu, 14 Apr 2011 07:00:37 +0000 https://www.landreport.com/?p=3800 Several funding entities, including Beaufort County and the US Department of Agriculture, have pooled resources to acquire several key conservation easements on St. Helena Island as well as outright ownership of 19 acres on Hilton Head. According to news releases, these acquisitions will keep these lands from being turned into developments that would include some 300+ homes. In addition, the three easements allow the current property owners to continue farming the historic Beaufort County lands.]]> 3800 0 0 0 https://landreport.com/2011/05/for-sale-vermonts-teal-farm/ Fri, 20 May 2011 07:00:41 +0000 https://www.landreport.com/?p=3700 Set at the western base of Camels Hump State Park, Teal Farm is a world unto itself.  Its 500 acres includes a sustainably-managed northern hardwood watershed with streams, pond, wetlands, extensive trail network, waterfalls, and mountain pastures.  The forest provides much of the property’s bio-fuel, as well as ideal wildlife habitat.  The fenced pastures support a mixed herd of grass-fed Devon and Angus cattle that is rotationally grazed, which adds to the healthy stewardship of the land.  The property has a 100-year master plan, which includes a 10-acre permaculture orchard, believed to be the largest in North America, featuring fruits, nuts, fuel-wood, berries and fertilizing groundcovers that grow in sculpted microclimates around the buildings. The property is an integrated, ecologically-designed farmstead that was created as a prototype for perpetual food, building and energy systems that are responsive to climate change, fluctuating energy supplies and a shifting global economy.  The flagship project of not-for-profit foundation LivingFuture, Teal Farm is located in the Green Mountain State of Vermont and is being offered for sale to support LivingFuture’s next project. Founder and Executive Director Melissa Hoffman describes LivingFuture’s work as “living systems design.” It is an approach that strives to mimic natural processes and evolutionary dynamics in the re-design of physical and cultural infrastructures so that they become perpetually life-enhancing and foster creative, adaptive communities at local and global scales.  Melissa believes that our actual survival is at risk, and as such it falls on us to begin the project now, to invent the structures, both physical and cultural, internal and external, which will allow our species, and the system of life as whole, to thrive beyond the enormous challenges we are only beginning to encounter.  To that end, her foundation undertook the Teal Farm project, whose mission is “to create an ecologically intelligent food, energy and building system that perpetually enhances the environment and serves the evolution of its occupants”. The farm complex includes an 8,000-square-foot, green-designed, farmhouse that dates back to 1865. Other improvements include an iconic 12,000-square-foot Douglas Fir-framed energy barn that houses the property’s state-of-the-art renewable energy and heating system, a converted post-and-beam barn apartment studio, a caretaker’s residence, and a utility barn/garage.  The farmhouse and energy barn set a whole new standard for green design and construction by running on renewable energy systems that marry cutting-edge technology with exquisite design and craftsmanship. Teal Farm is a place of inspiration, a creative retreat, and a living laboratory intended to support innovation around issues of global importance.  Tucked away in a charming New England town, Teal Farm is only one hour by plane from Boston and New York City. The property is not protected from future development, leaving conservation tax advantages available for the next steward to explore. $15,495,000 (802) 434-7798 www.EarthAsset.com  ]]> 3700 0 0 0 https://landreport.com/2011/04/for-sale-texass-beck-ranch/ Fri, 15 Apr 2011 07:00:48 +0000 https://www.landreport.com/?p=3809 This diverse Texas Panhandle ranch has been owned by the same family for 75 years and consists of 33,871 contiguous deeded acres. The Beck Ranch is a proven cow-calf or stocker operation with considerable irrigation development potential. Some 45 sections — 29,245 acres — are nutritious native grasses that are well divided with good cross fencing. In addition, 20 center pivot irrigation sprinklers cover another 2,700 acres. Punte de Aqua Creek traverses the Beck, providing excellent habitat for native whitetail and mule deer, blue and bobwhite quail, pheasant, and antelope. $20 million (806) 244-5121 | (806) 333-2346 mobile www.CliftLandBrokers.com]]> 3809 0 0 0 https://landreport.com/2011/04/farmland-eye-on-iowa/ Mon, 18 Apr 2011 07:00:30 +0000 https://www.landreport.com/?p=3819 Squawk Box. "If you took all the gold in the world, it would make a 67-foot cube. It would be worth about $7 trillion, about a third of the value of all the stocks in the U.S. So you can own gold, which can do nothing, or stocks. You could also have farmland. If you gave me the choice, between all the farmland in the country, stocks like Exxon Mobil, or gold, I'd choose the stocks and the farmland.”

  – Warren Buffett CNBC Squawk Box March 2, 2011

  Iowa by the numbers: 92: Millions of acres of corn planted in 2011, the second largest crop since World War Two 35%: Estimated amount of 2011 corn crop used for ethanol $1.04: Growth of $1 invested in S&P 500 since 2000 $2.72: Growth of $1 invested in Iowa farmland in 2000 You only have to look at the change in Iowa farmland values between 2000 and 2010 to see how it compares to the S&P 500. Source: Chicago Federal Reserve Bank]]> 3819 0 0 0 https://landreport.com/2011/04/malones-millions/ Tue, 19 Apr 2011 07:00:18 +0000 https://www.landreport.com/?p=3885 3885 0 0 0 https://landreport.com/2011/05/for-sale-hana-ranch/ Sun, 01 May 2011 07:00:20 +0000 https://www.landreport.com/?p=3917 A 4,500-acre working ranch on eastern Maui, Hana Ranch surrounds its namesake town of Hana. The breathtaking property boasts two miles of Pacific oceanfront and rises 2,200 feet up the slopes of majestic Haleakala. The ranch is divided by the Hana Highway. Approximately 667 acres can be found on the ocean side of the highway, and the remaining 3,833 acres sits on the mountain side of the highway. Dan Omer of Island Sotheby’s International Realty has the listing. $55 million (808) 879-8880 Sotheby's International Realty]]> 3917 0 0 0 https://landreport.com/2011/04/lands-best-friend-labrador-retriever/ Wed, 27 Apr 2011 15:15:17 +0000 https://www.landreport.com/?p=3939 Don’t be fooled by this breed’s easy-going nature — Labs can hunt, and fetch, and countless other tasks. PHOTOGRAPHY BY WYMAN MEINZER PUBLISHED FALL2010 You can’t go wrong with a Lab. He’ll retrieve your waterfowl from boat and blind, flush and fetch upland birds, bring the morning paper, keep cottontails out of your garden, and look great sitting next to you in your pickup. For the past century, the Labrador retriever has dominated amateur and open field trial competition. A good Lab can be tuned up to a higher level of refinement than any other breed. A successful field trail Lab routinely performs tasks far beyond anything expected of the average hunting dog. Well-bred Lab puppies come with tremendous retrieving drive and hunting desire. Most will carry anything they can get in their mouths by the time they’re weaned. Despite their gentle, affectionate nature, Labs are tough. A short, dense, water-repellent outer coat and softer insulating undercoat protect the dog in the coldest water. Check a Lab’s coat after a hard morning’s work in flooded timber; chances are he won’t be wet to the skin. Labs are mentally tough enough to stand up under the most arduous training — a quality that makes them a favorite of law enforcement organizations. Labs excel at search and rescue and dope and bomb detection. Their stability makes them perfect assistance and therapy dogs. Do: - Approach field trial bloodlines with caution. You could end up with more dog than you can handle. - Look for sires and dams that have excelled in United Kennel Club (www.ukcdogs.com) and American Kennel Club (www.akc.org) hunting tests. Don’t: - Be impressed with show titles. Henry Chappell and Wyman Meinzer have been mainstays of The Land Report since its founding in 2007. In addition to Working Dogs of Texas, the two recently crafted Under One Fence: The Waggoner Ranch Legacy, which was published in 2010.]]> 3939 0 0 0 https://landreport.com/2011/04/fish-wildlife-announces-gray-wolf-settlement/ Thu, 28 Apr 2011 07:00:54 +0000 https://www.landreport.com/?p=3958

  U.S. Fish and Wildlife Service has reached an agreement to settle ongoing litigation to reinstate Endangered Species Act (ESA) protections for gray wolves in the Northern Rockies. If approved by the courts, the settlement offers Fish & Wildlife a path to return management of the recovered wolf populations in Idaho and Montana to those states while it considers options for delisting gray wolves across the region.

  “For too long, management of wolves in this country has been caught up in controversy and litigation instead of rooted in science where it belongs. This proposed settlement provides a path forward to recognize the successful recovery of the gray wolf in the northern Rocky Mountains and to return its management to States and Tribes,” said Interior Department Deputy Secretary David Hayes. Read the announcement HERE. Biologists with tranquilized gray wolf Photo Credit: William Campbell URL: http://digitalmedia.fws.gov/u?/natdiglib,3327 USFWS National Digital Library]]> 3958 0 0 0 https://landreport.com/2011/05/spotlight-forest-landowners-association-national-conference/ Thu, 05 May 2011 07:00:08 +0000 https://www.landreport.com/?p=4015 Make plans to attend the Forest Landowners Association National Conference in Colonial Williamsburg June 8-10. As one of America’s premier historical destinations, Williamsburg enables you to experience life as it was at our nation’s beginning. You can explore the homes and buildings where Thomas Jefferson, George Washington, and Patrick Henry inspired the fight for independence. This unique historical experience combined with top-flight speakers, abundant educational opportunities, a selection of tours, and the unique FLA networking experience provides a conference that you cannot miss. A few of the featured speakers at the FLA conference include: DONNA HARMAN. President and Chief Executive Officer American Forest & Paper Association (AF&PA). As the industry's voice on public policy at all levels of government, Harman works with AF&PA's 165 members to advance policies that promote a strong and sustainable U.S. forest products industry in the global marketplace. Harman has spearheaded a robust industry effort to engage Members of Congress and U.S. agency officials to help them make informed decisions on laws and regulations important to the industry's competitiveness, including: bioenergy mandates, climate change, increasing energy supply, tax policies, green procurement for wood and paper products, and recycling. MIKE CLUTTER. Dean and Hargreaves Distinguished Professor of Forest Finance Warnell School of Forestry and Natural Resources, University of Georgia. Mike is responsible for teaching graduate courses in forest finance and undergraduate and MBA corporate finance courses in the Terry College of Business. He has been at the Center for Forest Business for five years. Before his return to academia, Mike spent over twenty years in the forest products industry working with Union Camp Corporation, Georgia-Pacific, and The Timber Company where he was the Director of Decision Support and Information Resources. His primary research interests include the use of financial analysis techniques in the timber and timberland industry, changes in timberland ownership and the factors that impact that change, and the use of forest information technology in asset valuation.]]> 4015 0 0 0 https://landreport.com/2011/05/trump-buys-kluge-winery-at-auction/ Mon, 09 May 2011 07:00:33 +0000 https://www.landreport.com/?p=4023 Donald Trump has increased his holdings in the heart of Virginia's horse country when he paid $6.2 million for the 776-acre Kluge Estate Winery and Vineyard. Trump bought the majority of the vineyard holdings at an April 7 foreclosure auction conducted by J.P. King Auction Company. Auction sales totaled $8.02 million.

  “I’m really interested in good real estate, not so much in wine,” Trump told the Washington Post. “This place had a $28 million mortgage on it, and I bought it for $6.2 million. It’s a Trump deal!”

  According to The Post, Trump will keep former owner Patricia Kluge, 62, and her husband, William Moses, on board to run the winery. Said Trump, “She has a great instinct for wine, which I don’t.” Read the entire story HERE.  ]]> 4023 0 0 0 https://landreport.com/2011/05/on-the-block-the-yellowstone-clubs-160-acre-family-compound/ Tue, 10 May 2011 07:00:36 +0000 https://www.landreport.com/?p=4053 4053 0 0 0 https://landreport.com/2011/06/on-the-block-oklahomas-bird-creek-ranch/ Thu, 02 Jun 2011 07:00:12 +0000 https://www.landreport.com/?p=4071 UPDATE: Bird Creek Ranch sold as one parcel for $1.995 million ($1,304/acre) at public auction in Tulsa on May 23. The 1,530-acre holding was offered in 11 tracts ranging from 20 to 320 acres. More than 70 individuals attended the auction with 36 registering as bidders.

  “The local real estate community seemed to be impressed with the outcome of the auction and many registered bidders expected the land to sell for under $1,000 per acre,” said Scott Shuman. “As a result of the auction we have now been asked to look at several other parcels of land for potential auctions. It was a great way to introduce the auction division of Hall and Hall."

  ORIGINAL POST: Hall and Hall Auctions will open the bidding on Bird Creek Ranch Monday afternoon, May 23, at one p.m (CST). The ranch’s 1,530± acres, which are located just minutes from downtown Tulsa, will be offered in 11 tracts ranging from 20 to 320 acres. All tracts have extensive frontage on paved Tulsa County roads. The southeast side of the property borders Bird Creek. “Bird Creek is ideal for the investor seeking to increase his or her portfolio, or a local farm operator expanding an operation,” says Scott Shuman, who heads up Hall and Hall Auctions. “For the hunter or outdoor enthusiast, this property offers a tremendous opportunity.” The multi-parcel method of sale will be used to allow ranchers, farmers, investors, hunters, and outdoor enthusiasts to bid on individual tracts or the combination of tracts that best suits their needs. Scott Shuman Hall and Hall (800) 829-8747  ]]> "> [ Read More → ]]]> 4071 0 0 0 https://landreport.com/2011/05/for-sale-new-mexicos-southern-cross-ranch/ Sun, 29 May 2011 07:00:37 +0000 https://www.landreport.com/?p=4154 The Southern Cross controls over 70 square miles of the finest trophy elk habitat in North America: a total of 47,309 acres of which 33,514 are deeded. On this trophy property in western New Mexico, geography, genetics, and habitat combine to create an ecosystem that produces some of the largest bull elk anywhere. The Southern Cross is renowned for amazing numbers of 350- to 400-class bulls. The Southern Cross has been superbly managed to maintain its status as one of America's premier hunting destinations. A spectacular 6,000-square-foot log lodge is the centerpiece of the ranch. With six bedrooms, five and one half baths, and wraparound deck, the lodge treats guests luxuriously. A caretaker's house, corrals, barn and meat cooler completes the outstanding facilities on the ranch. Southern Cross Ranch was recently allotted 49 bull elk tags and 14 cow elk tags. Straddling both sides of the Continental Divide, the Southern Cross ranges in elevation from 7,300 to 8,200 feet, which makes it ideally situated for supporting thousands of acres of pinion pine and alligator juniper forest, interspersed with grassy meadows. Parts of the eastern portion of the ranch adjoin the Cibola National Forest. Much of the ranch's terrain is rolling, and a good network of ranch roads provides vehicular access throughout. With wildlife and livestock management in mind, dozens of water sources have been developed throughout the ranch, utilizing both wind and solar power. The Southern Cross is best known for its elk hunting, but its superb mule deer and antelope hunting are also available. As a combination cattle/hunting ranch or a hunting resort alone, the potential for this spectacular piece of western New Mexico may be unmatched anywhere in the United States. With excellent year-round access, the "land of giants" is located only 2.5 hours from Albuquerque and 3.5 hours from Santa Fe. Dave Harrigan / Hunter Harrigan www.harriganland.com (800) 524-1818]]> 4154 0 0 0 https://landreport.com/2011/06/on-the-block-kahn-timberland/ Mon, 06 Jun 2011 07:00:53 +0000 https://www.landreport.com/?p=4180 For the first time in two decades, the 11,292-acre Kahn Timberlands are coming on the market. Located in Northern California, these holdings contain over 142 million board feet of mature redwood and Douglas fir. The sealed bid auction will be conducted by Realty Marketing/Northwest. Bids are due on July 12.

  "The Kahn Timberlands contain some of the most well-managed lands we have ever put on the market, and will be offered so that adjoining owners, mill operators, timber investment management organizations, and other investors can participate in the bidding process." — Realty Marketing/Northwest President John Rosenthal

  These well-managed North Coast timberlands, located in Del Norte, Humboldt, and Trinity Counties, have been managed to create short-term cash flow and long-term growth. The properties are strategically located with access to competitive log markets responsible for processing 50 percent of California’s entire sawmill production. The individual tracts range in size from 40 to 2,739 acres with most containing approved Timber Harvest Plans. Eureka-based Able Forestry has managed these properties for 25 years. The Auction Catalog with Terms and Conditions of Sale, is available by contacting Realty Marketing/Northwest’s office at 800-845-3524 or online at www.rmnw-auctions.com.]]> 4180 0 0 0 https://landreport.com/2011/06/texas-bans-private-transfer-fees/ Tue, 28 Jun 2011 07:00:35 +0000 https://www.landreport.com/?p=4198 A transfer fee is a percentage of a property’s sales price — typically 1 percent — that is remitted to a property’s original developer each time it sells.

  Although not common in Texas, transfer fees are seen as a means to improve cash flow in down markets. The bill passed unanimously in the Texas Senate and 142-1 in the Texas House. Under the new legislation, new private transfer fees will not be allowed. Developers who have existing fees on properties must file a notice of the obligation in county property records by January 31, 2012. Unless notice is filed and updated every three years, existing transfer fees will be voided.]]> 4198 0 0 0 https://landreport.com/2011/06/lands-best-friend-chesapeake-bay-retriever/ Thu, 30 Jun 2011 07:00:22 +0000 https://www.landreport.com/?p=4209 If you’re a field trialer and perfectionist who expects a highly tractable retriever that always handles precisely, get a Lab. But if you’re a hardcore waterfowler and a bit of a maverick who admires resourcefulness and pure, cussed determination more than absolute obedience, consider a Chessie. During the 1800s, the Chesapeake Bay retriever earned his keep in rough, cold water, fetching as many as 200 ducks per day for market hunters. At night, he’d guard his boss’s boat and equipment shed. The rough baymen had little time for formal training. Dogs that learned quickly, on the job, got fed. The rest didn’t live to pass on their deficiencies. Those old killers are long gone, but they left behind something of themselves in these big, tough, workaday dogs. Any wonder that in addition to being the toughest retriever in the world, the Chessie is a little independent and protective? If the Labrador is the sports car of the retriever world, the Chessie is the heavy-duty pickup. Males measure 23-26 inches at the shoulder and run 65-80 pounds; females weigh 55-70 pounds. The coat is short, dense, and oily, with a thick woolly undercoat. The Chessie has no peer when it comes to breaking ice or working for hours in the coldest water. DO Consider only working bloodlines. Seek advice from experienced Chessie owners. Watch a trained Chessie work before buying a pup. Make your pup a member of the family. DON'T Resort to harsh discipline. Chessies can be temperamental.]]> 4209 0 0 0 https://landreport.com/2011/07/for-sale-elk-song/ Tue, 05 Jul 2011 07:00:31 +0000 https://www.landreport.com/?p=4232 The bad news was that down low a substantial portion of the riparian areas resembled dirt ditches. Overgrazing had taken a terrible toll. Higher up, half of the timber had been plundered in the most irresponsible way. And the native elk herd? It had been savagely overhunted. No matter how hard I looked, I could find no branch-antlered bulls. The small forest folk were also missing. What to do? The first thing I did was buy the property. Then I brought my son on board to help. I had hunted much of the western United States and a good bit of the rest of the world, and I had never seen anything that approached the majesty of this ranch, even in its abused state. To the east, it was four miles to a hospital, a four-year university, grocery stores, and an interstate. To the west, one could ride a horse 100 miles and not cross a highway. My next step was the logging contract: stop the greedy plunder that cut all of the good and left only a little bad timber. I forced the logging company to implement the sort of sustainable practices it preached in its advertisements but failed to follow on my land. It would log in a sustainable and responsible manner. Doing this would leave significant stands of high-quality timber and millions of young, healthy trees for the future. Now it was time to face my cattle dilemma. A good number of locals and even some game department personnel believe that “if you take the cows off, the elk will leave.” According to this old saw, livestock eat bad grasses and leave the good for the elk. After nearly 50 years as a cattle rancher, I have yet to encounter the Hereford that chooses to abide by this theory. Thus, no cattle grazed on our mountain that first spring. Elk numbers soared. Many hundreds of cow elk had wee spotted calves that scampered in the tall grass and wildflowers that reached their mamas’ bellies. To say that the elk were delighted with the absence of the bovines is an understatement. These happy elk were the most vocal I had ever heard; their sounds resembled humpback whales and created the soul, and name, of Elk Song. That fall dozens of rifles were silenced. I am not anti-hunting. I am a licensed guide and professional hunter. But the boys of Elk Song needed a break. When autumn returned we saw a few four-point bulls. A year later we were thrilled when we saw a six-point. At the end of the third year, the September rut was a sight to behold. Instead of the occasional squeal of a yearling spike, dozens of deep bugles echoed across the ranch. The nearly perfect grazing habits of the elk allowed native grasses and forbs to repopulate and the general condition of the range to greatly improve. The entire ecosystem began to thrive. Black bears fattened on the berries in hawthorn thickets in the creek bottoms. Coyote returned. Snowshoe hares and red digger squirrels enticed eagles. The occasional cougar track suggested all was well. Grass and sedges returned and gave the wild rainbows shelter and more insects. On the fourth summer, we brought in 175 cow-calf pairs to graze. They came in May and left in mid-June while all of the grass was green. This kept the cattle from destroying the riparian areas in late summer. Domestic cattle have a place in paradise, but they don’t rule Elk Song. After 15 years we are almost there, almost at a state of pure wildness. Now we almost do not notice a big six-point bull. Most days we see dozens of them along with bear, deer, turkey, grouse, rabbit, squirrel, coyote, cougar, and trout. One evening last September, we counted 200 cow elk on a ridge. There were 43 six- and seven-point bulls with them, and the bugles and screams of a hundred more bulls echoed out of the canyons and thickets. Yes, the timber is still young, but it is thick and wonderful. Elk Song is indeed wild, and ever-evolving toward 200 years ago. And now it is time for change once again. To the many who question our sanity for leaving the paradise that is Elk Song I say it is not by choice, but to bring an end to hostilities caused by a family member. It is time to pass the torch, to allow another to hold the reins and experience the wonder of Elk Song. We will begin again, returning to our roots on the Great Plains where waterfowl and upland birds thrive, and find another canvas on which to create wildness once more. Elk Song's 7,198 acres are listed with Oregon Land and Wildlife for $8.585 million. For more information, contact: Tim O'Neil www.landandwildlife.com (541) 480-3682]]> 4232 0 0 0 https://landreport.com/2011/07/ashe-takes-oath-as-fish-wildlife-director/ Wed, 06 Jul 2011 07:00:48 +0000 https://www.landreport.com/?p=4259 Dan Ashe was sworn in as the 16th director of the U.S. Fish and Wildlife Service on June 30. President Obama had nominated Ashe to head up the nation's principal federal agency dedicated to the conservation of fish and wildlife and their habitats last December. Thanks to his father’s 37-year career at Fish and Wildlife, Ashe is in fact a lifelong veteran of the service. After receiving his Master’s degree from the University of Washington, the Atlanta native spent 13 years working on Capitol Hill before joining Fish and Wildlife. He subsequently served as the service’s assistant director for external affairs from 1995 to 1998, as the chief of the National Wildlife Refuge System from 1998 to 2003, as science advisor to the director of the service from 2003 to 2009, and, most recently, as the service’s deputy director for policy. Said Interior Secretary Ken Salazar, “Dan Ashe has served with distinction and integrity in the Fish and Wildlife Service for more than 15 years. He has worked tirelessly to prepare the Service to meet the resource challenges of the 21st century, and his leadership and vision have never been more necessary. I’m excited to work with him to foster innovative science-driven conservation programs and policies to benefit our nation’s fish and wildlife and its habitat.” Said Ashe, “I’m humbled by the trust that the Secretary and the President have placed in me, and most of all, by the responsibility of leading the finest wildlife conservation organization in the world. As director, I will strive to create an atmosphere where we can bring to bear our collective imagination, our tenacity, and our commitment to public service to address today’s challenges to the future of our nation’s fish and wildlife heritage.”  ]]> 4259 0 0 0 https://landreport.com/2011/07/land-report-july-2011-newsletter/ Fri, 15 Jul 2011 07:00:33 +0000 https://www.landreport.com/?p=4275 There's a lot of ground to cover in the July edition of The Land Report newsletter: auctions, equities, timberland, and several political developments affecting landowners, ranging from the passage of key legislation by the Texas Legislature to the appointment of Dan Ashe to head the federal agency that many landowners know on a firsthand basis, the US Fish and Wildlife Service. From a research standpoint, a new frontrunner has emerged atop The Land Report Top Ten, which features the country's leading investment quality land listings. Count on The Magazine of the American Landowner to follow the $100 million listing of Wyoming's Walton Ranch by Ranch Marketing Associates in the months ahead. P.S. Our award-winning magazine is available in a print version via subscription.  ]]> 4275 0 0 0 https://landreport.com/2011/07/for-sale-canadian-river-ranch/ Mon, 11 Jul 2011 07:00:33 +0000 https://www.landreport.com/?p=4309 Chas. S. Middleton and Son for $33.753 million ($475 per acre).]]> 4309 0 0 0 https://landreport.com/2011/06/the-land-report-summer-2011/ Wed, 15 Jun 2011 07:00:18 +0000 https://www.landreport.com/?p=4363 The Summer 2011 issue of the Magazine of the American Landowner is hot off the press. Enjoy this opportunity to learn the stories of three amazing properties and the landowners who shaped their destinies: Vermont's Teal Farm, Montana's Vermillion Ranch, and Oregon's Elk Song Ranch. Also in the summer issue, learn how Academy Award winner Francis Ford Coppola completed his quest to resurrect the Queen of the Napa Valley, Captain Gustave Niebaum's renowned Inglenook Winery. And be sure to check out The Land Report Top Ten, the nation's priciest properties on the market today.  ]]> 4363 0 0 0 https://landreport.com/2011/09/king-ranch-continues-to-lead/ Thu, 15 Sep 2011 07:00:52 +0000 https://www.landreport.com/?p=2895 For more than 150 years, King Ranch has proven its leadership as a steward of the land, but resting on their laurels is not a common attribute of Captain Richard King’s descendants. Today, King Ranch Inc.'s land holdings total 911,215 acres, which puts its firmly at No. 7 on the Land Report 100. In the last century, King Ranch produced the first registered American Quarter Horse and a Triple Crown winner. It has leveraged this storied heritage into a nationally recognized brand–not the kind just seen on cattle but the kind visible on Ford trucks. Today, King Ranch is committed to a wide-ranging number of endeavors, including the King Ranch Institute for Ranch Management at Texas A&M Kingsville and the Caesar Kleberg Wildlife Research Institute, as well as programs for environmental stewardship and brush management. And don’t overlook the cattle that wear the Running W brand. The ranch that produced the Santa Gertrudis, aka first breed of cattle in the U.S., also developed a new composite breed of cattle, the Santa Cruz. Other operations include its majority-owned interest in the largest citrus producer in the U.S., Consolidated Citrus Limited Partnership; a 60,000-acre farming operation in South Texas; sugarcane and vegetables in Florida; one of the country’s largest pecan shelling operations; the largest turfgrass operation in the State of Texas; a John Deere dealership; and the world-famous King Ranch Saddle Shop, a retail store, catalog, and Internet website specializing in high-end leather goods. Download the 2010 Land Report 100 HERE.]]> 2895 0 0 0 https://landreport.com/2011/09/on-the-block-texass-camp-cooley-ranch/ Tue, 06 Sep 2011 07:00:37 +0000 https://www.landreport.com/?p=4246 Hall and Hall Auctions. JULY 25 UPDATE: In the midst of a statewide drought that is crippling Texas farms and ranches, Camp Cooley Ranch continues to thrive. "Camp Cooley is an oasis," says Bernard Uechtritz during a telephone conversation from the headquarters of the Central Texas ranch. "Every other ranch I've seen over the last few weeks has browned up, but not Camp Cooley. It continues to irrigate, to fertilize, and to bale hay. Take a look at that aerial video at Camp Cooley.com. We shot that two weeks ago, and everything was still green. Still is. Name another ranch in Texas that is baling hay in late July." According to Uechtritz, Camp Cooley Ranch has a year round carrying capacity of 4,000 head, and as recently as two weeks ago was running 4,700 head. As the August 4 auction deadline approaches, Uechtritz reports that multiple stalking horse bids have been received for specific assets as well as for the entire ranch. "The action has been terrific. We've easily had 20-plus parties tour the ranch and given it a serious look," Uechtritz says. Leading the list has been a large number of cattle companies that recognize Camp Cooley's turnkey potential. "Readers of The Land Report would immediately recognize the names of many of these famous ranch operators. These guys know what a once-in-a-lifetime opportunity Camp Cooley presents," Uechtritz says. Other parties who have toured the ranch have eyed the mineral rights, the water rights, royalty revenues, the hunting preserve, and the possibility of developing a wetlands mitigation bank. "Watching the interest build around Camp Cooley has been extremely exciting for Hall and Hall," Scott Shuman says, head of Hall and Hall's Auction Division. "When you get a property with the history and the potential of Camp Cooley and combine it with such close proximity to major metropolitan areas such as Houston, Dallas, Austin, and San Antonio, it's bound to generate a ton of interest. And we're definitely seeing that. I expect the pace to pick up even more as the auction date approaches." Buyer’s registration forms and bidder’s packets for the invitational auction are being released on Friday, July 22. Bidders must pre-qualify and be invited to attend the August 4th auction, which is presently scheduled to take place at Camp Cooley Ranch. Through the protected buyer process that was approved by the court, there is also the possibility of a private treaty sale prior to the August 4 auction. JULY 15 POST: A Texas icon goes on the block this August as Camp Cooley Ranch is to be auctioned off by Hall and Hall Auctions. At 10,600 acres, Camp Cooley is one of the largest properties in close proximity to Houston, Dallas, Austin, and San Antonio. A sophisticated multi-level turnkey cattle and commercial hay operation, Camp Cooley generated more than $700,000 in grazing revenues, more than $1.5 million from commercial hay operations, and more than $1.4 million in gas royalties in 2010. In addition, there are considerable untapped revenue streams associated with existing gas and water rights. Located in the heart of the Lone Star State near Franklin, Camp Cooley will be auctioned by Hall and Hall as a single tract on August 4, 2011. LOCATION Camp Cooley Ranch is located in Robertson County in the heart of Central Texas and is bounded by the Navasota River to the east. Approximate drive times are as follows: Bryan-College Station, 30 minutes; Austin, 90 minutes; Houston, two+ hours; Dallas, two+ hours; San Antonio, three hours. HISTORY The ranch takes its name from the Civil War. Houston entrepreneur Bert Wheeler assembled Camp Cooley from dozens of neighboring tracts. As Camp Cooley's renown grew, Wheeler hosted such Texas luminaries as John Connally and Lyndon Johnson. Under current owner Klaus Birkel, Camp Cooley Genetics has become one of the country’s best known seedstock cattle operation, running up to 4,500 cow/calf pairs and as many as 2,000 bulls. ASSETS Ranch headquarters is a 8,590-square-foot lakeside main residence. Improvements include a 15-suite executive office complex, meeting rooms, and security and communication systems to monitor the ranch. The entire ranch is served by a computer-monitored water well system, including all residences, barns, workshops, a multi”use sale pavilion, and the breeding and cattle workstations. There are approximately 84 miles of roads in place on Camp Cooley. Camp Cooley boasts rolling terrain that boasts numerous lakes, abundant woodlands, as well as wetlands that are ideal for development as a mitigation bank. The ranch’s 1,000”acre exotic game preserve is among the oldest in the state and could be increased in size. OPPORTUNITY Qualified bids need to be submitted by Wednesday, July 27 at 5 p.m. (CST). For more information on this auction, contact Bernard Uechtritz at (214) 608-8567 or Scott Shuman at (800) 829-8747.]]> 4246 0 0 0 https://landreport.com/2011/08/indiana-farmland-reaches-new-highs/ Fri, 12 Aug 2011 07:00:47 +0000 https://www.landreport.com/?p=4329 The Land Report to reach out to Rex Schrader, chief financial officer of Schrader Real Estate & Auction Company. In late June, the company's auction division sold properties in Spencer and in Randolph counties. Both auctions saw record prices per acre. The Spencer County land sold at prices as high as $6,875 per acre, with most of the tillable land selling for $6,428 and $6,554 per acre. "We sold about 223 acres of this land in 2003 for $1,930 per acre, which was good at the time. It's more than tripled," said Schrader. Mason Seay, a longtime agriculture specialist for German American Bank, said the price was "the highest ever for land in Spencer County for row crop production." Approximately 82 percent of the Spencer County land was tillable. In the Randolph County auction, 551 acres sold to a single buyer for $2,677,500, or $4,859 per acre. "Like the Spencer County land, this property had appreciated considerably," said Schrader. "The price varies according to quality and location, but across the board the clear direction is up." Schrader's many years in the business led him to share some other observations on the current ag land market. "The larger the acreage offering, the more interest there is," he says. "Ten years ago at a Schrader auction, a lot more buyers ended up on the winning end. More lots sold in smaller tracts. Today we're seeing a trend of more and more farms being purchased in whole." Although some skeptics assert that the current market for top ag land has all the makings of a bubble, Schrader disagrees.  "I don't believe it is a bubble. This market is based on income, on expected income. Commodity markets lead land prices. Follow corn prices over the past few years and you can see why land prices continue to rise," Schrader says. A second driver pushing up prices is basic economics. Schrader cites the limited supply of ag land and points out that those farms tend to remain tightly controlled by farmers or farming interests. A third and final consideration is alternative investment vehicles. Anyone who has paid attention to the schizophrenic gyrations of the Dow this week knows that a low correlation exists between investing in equities and sleeping easy. So who continues to push prices higher? Despite the entry of non-traditional investors into the market, Schrader sees farmers as the principal drivers. "The farmer is still the bull in the market place. They are the ones driving the market. Right now, the debt to asset ratio of most farmers is very low. They've made a lot of profit in the last three to four years. On top of that, other investors such as investment funds typically have to look at returns as a rigid guideline. That gives a farmer a little more leeway to pay a slight premium above the ratio of net income to purchase price." Schrader's closing comments aren't about land. They are about capital:

  It's amazing how much money is out there today. And it's all waiting to pounce on the right piece of property. - Rex Schrader

  Based in Columbia City, Indiana, Schrader Real Estate and Auction Company is a leading auctioneer of tillable farmland throughout the US. Individuals seeking additional information about the firm and its auctions may call (800) 451-2709.]]> 4329 0 0 0 https://landreport.com/2011/08/record-17-jump-in-farmland-values/ Fri, 26 Aug 2011 07:00:55 +0000 https://www.landreport.com/?p=4455 Farmland Values and Agricultural Credit Conditions Report. This economic shot in the arm marks the largest year-over-year gain since the 1970s for the District’s five-state area–one of the most productive regions in the Midwest. The value of “good” farmland increased 4 percent during the second quarter, compared with the first quarter of this year. The report was compiled from the Chicago Fed’s survey of 226 bankers in the District, which includes Iowa, Illinois, Indiana, Wisconsin, and Michigan. Findings revealed that higher revenues for crops and livestock, coupled with growing investor demand, fueled the rural real estate roll. Agricultural mortgage rates averaged 5.62 percent–a record low that also contributed to the surge in District farmland values. Some respondents cited a higher-than-usual number of summer auctions as a factor. "The combination of higher revenues for crop and livestock production has been an impetus for the significant increases in agricultural land values seen this year in the District," the Fed reported in its newsletter. “Demand for farmland remained strong from both farmers and investors." Among the District states, only Wisconsin had a smaller year-over-year increase in farmland values in the second quarter of 2011 than in the first. Year-over-year land values in Indiana and Iowa climbed 21 and 20 percent respectively, while values in Wisconsin rose a modest 8 percent. Fewer than 2 percent of the survey respondents expect farmland values to decline in the third quarter of 2011. David Oppedahl, a business economist for the Chicago Fed, shares the bankers’ notion that the spike is no fluke. “Overall, the higher level of corn and soybean prices looks to be something that will continue through the end of the year,” he said early this week. “I think that over the next year we aren’t going to see any declines, and we are going to see continued increases, though probably not as strong as over the past year.” On November 15, 2011, the Federal Reserve Bank of Chicago will hold a conference to explore the factors contributing to large increases in agricultural land values and cash rental rates in the Midwest.]]> 4455 0 0 0 16399 http://acreageforsale.org 0 0 https://landreport.com/2011/09/for-sale-oregons-smith-brothers-ranch/ Fri, 02 Sep 2011 07:00:25 +0000 https://www.landreport.com/?p=4475 When Smith started haying the meadows on his family’s ranch back in the 1940s, horses and pitchforks were still important tools. “We put it up in loose stacks back then,” he said. “That was way before bales.” In autumn, when ranch work slowed, Smith hunted elk and mule deer. “We didn’t get too excited about the fishing because it was too easy to just walk down to the river, catch a few trout, and head back to the house,” he said. Since the homesteading era, the ranch has known only three owners. In the five-bedroom ranch house, a stone marker reads, “W.E.S. Smith 1910.” Built of native stone, with walls three feet thick, the old house was a castle in its early days. After the original Smiths — no relation to the current owners — moved on, locals called the ranch the Drinkwater Place, after its second owner, Bob Drinkwater. Bob Smith’s father, the only doctor in Burns, Oregon, bought the core of the ranch in the early 1940s. Bob Smith has always considered himself a rancher. To many others, however, he is best known for leadership skills: first, in the Oregon House of Representatives, where he served from 1960 to 1972, including stints as Speaker of the House in the 1969 and 1971 sessions; and, subsequently, as a U.S. Congressman from 1983 to 1995 and again from 1997 to 1999, when he served as chairman of the House Agriculture Committee. “I grew up on that ranch,” he said. “Some of my best memories are of being a green hand and being broken in by the older boys.” Today, Bob Smith’s sons, Chris and Matt, own the Smith Brothers Ranch, which includes two components: the Silvies River Ranch and the Buck and Bull Ranch. Their land consulting business, Smith West, is based in Medford in southwestern Oregon. “We’re basically just a couple of cowboys looking to shorten our commute,” Chris Smith said. “It’ a six- or seven-hour drive from Medford to the ranch, so after all these years, we decided we’d like to ranch a little closer to home.” The Smith Brothers Ranch is being offered in two separate blocks: a 2,500-acre tract of excellent bottomland pasture that runs for nearly 10 miles along the Silvies River and an adjoining 1,600-acre block consisting of sagebrush and juniper uplands, and some timber. The Smiths have long managed their ranch for cattle, but they understand that good ranching is good stewardship. With the financial assistance from the Conservation Reserve Enhancement Program, they fenced off the river the entire length of the property to keep cattle from damaging the bank and riparian vegetation. In the uplands, they’ve cleared thirsty, deep-rooted juniper to protect springs and improve habitat for sage grouse. How does Bob Smith feel about the ranch? “It was my life; I loved it; I still do.” The Smith Brothers Ranch deserves a new owner who’ll feel the same.]]> 4475 0 0 0 https://landreport.com/2011/09/coppola-completes-resurrection/ Thu, 15 Sep 2011 07:00:02 +0000 https://www.landreport.com/?p=4510 Award-winning filmmaker acquires Inglenook trademark.   In a July 2007 interview with The Land Report, Francis Ford Coppola spoke of his quest to return Gustave Niebaum’s renowned estate to its former glory. Founded in 1879, the Inglenook Winery was christened “the Queen of the Napa Valley” due in large measure to its renowned Cabernet Sauvignon. But beginning in the 1960s, Inglenook was parceled off in bits and pieces. “There are great old things that are broken apart and sold off like the movie studios, for example. And that’s what happened to Inglenook,” Coppola said. Coppola’s quest first took shape in 1975 when he acquired 1,560 acres of vineyards formerly on the estate as well as the home that once belonged to Niebaum (pictured right). Two decades later, Coppola acquired the remaining portions of the Niebaum Estate, including the stately chateau, which required two years to renovate. This April, Coppola completed his quest when he acquired the iconic Inglenook trademark from The Wine Group. At the same time, he announced that renowned Bordeaux winemaker Philippe Bascaules, who has served as estate director at Chateau Margaux for the past 11 years, will become Inglenook’s estate manager and winemaker. “There’s an interesting idea that the owner of a wine estate is part of the terroir, and it’s in this spirit that I’ve spent the last year assessing Inglenook’s future needs, including recruiting Philippe Bascaules, invigorating the vineyards, planning a new state-of-the-art winemaking facility, and focusing on what it would take to achieve my goal of restoring this property into America’s greatest wine estate,” Coppola said. No financial terms were disclosed.]]> 4510 0 0 0 https://landreport.com/2011/09/vistas-maines-chadbourne-tree-farms/ Mon, 19 Sep 2011 07:00:33 +0000 https://www.landreport.com/?p=4517 Selected from what is undeniably one the finest white pine ownerships in the Northeast, Chadbourne Tree Farms is a 2,470-acre portfolio located in Western Maine near Bethel. The property consists of six tracts ranging in size from 111 to 687 acres, all well-stocked with timber. Collectively, it boasts an impressive 17,407 MBF of saw timber, more than half of which is white pine. Total stocking averages 29 cords per forested acre with over 40 percent of sawtimber volume in trees 18 inches DBH and larger. In addition to its superb timber resource, the portfolio includes nearly three and a half miles of water frontage, most notably a mile-and-a-half stretch along a pristine 155-acre cold water trout pond. This superior timberland investment opportunity is poised for strong performance into the future. Priced at $5.9 million, Chadbourne Tree Farms is offered by www.landvest.com.]]> 4517 0 0 0 https://landreport.com/2011/09/market-watch-rayonier-to-acquire-250000-acres/ Fri, 23 Sep 2011 07:00:51 +0000 https://www.landreport.com/?p=4541 HERE.]]> 4541 0 0 0 https://landreport.com/2011/10/malone/ Sat, 15 Oct 2011 07:00:46 +0000 https://www.landreport.com/?p=4599 Malone's Irish Heritage His decades-long rise to the top dates back to the 1990s, when Malone began acquiring land in Colorado, New Mexico, and Wyoming. His land grab kicked into overdrive in the summer of 2010 when he purchased New Mexico’s historic 290,100-acre Bell Ranch. In early 2011, he snapped up an additional 1 million acres of timberland in Maine and New Hampshire to become America’s leading land baron. Malone says his lust for land harkens back to his Irish genes: “A certain land hunger comes from being denied property ownership for so many generations.” Why buy now? Malone says he was enticed by two trends: a drop in land prices and a decrease in the cost of borrowing. And though he says he operates his landholdings to break even, he also recognizes that real estate “is a pretty decent hedge on the devaluation of currency.” Malone is an ardent conservationist, an ethic he shares with Turner. While the duo’s ends are the same, their means differ somewhat. “I tend to be more willing to admit that human beings aren’t going away,” Malone says. His 2011 Maine and New Hampshire purchase, which was brokered by LandVest’s Timberland Division, saw him acquire robust sustainable forestry operations from private equity firm GMO Renewable Resources. He intends to keep them in place. He applies this philosophy to his western properties, such as the Bell, where he raises cattle and horses. Ultimately, he plans to put all of his land in perpetual conservation easements.

  Good Friend Ted Turner

  So how does Malone’s good friend feel about being knocked off the top spot on The Land Report 100? CNN’s founder couldn’t be happier. “I consider John a good friend and have great respect for him,” Turner says. Malone notes that it was Turner who “first gave me this land-buying disease” on a helicopter ride the two shared on a Turner ranch. Malone is not done yet either. He says he is looking at a large parcel in the Northeast and Canada that would “double us in the forestry side.” He’s adding cropland so that “we can go a little more vertical in cattle and produce more of our own feed and control costs better,” he says. But in the end, there’s more involved than economics and conservation. “There’s the emotional and intellectual aspect of walking the land and getting that sense of awe,” says Malone. “I own it, sort of, for my lifetime.” ]]> 4599 0 0 0 https://landreport.com/2011/10/sold-colorados-banning-lewis-ranch/ Fri, 14 Oct 2011 07:00:41 +0000 https://www.landreport.com/?p=4913 This week, Ultra Resources confirmed that the company had purchased 18,000 acres of the Banning Lewis Ranch for $20 million. With the sale now complete, the US Bankruptcy Court and the City of Colorado Springs will need to determine whether the city land-use agreements related to the city’s 1988 annexation of the ranch should remain intact. Confirming the purchase of the ranch, an Ultra spokeswoman said that the company expects to drill for oil and natural gas on the ranch. And it appears that the Banning Lewis deal may be just one part of Ultra’s plans for drilling in the area, as the company paid $1.67 million in July and August to Denver-based Pine Ridge Oil & Gas for leases on nearly 100,000 acres of land in eastern El Paso County and an exploratory well east of Fountain. According to Colorado Springs Mayor Steve Bach, the sale of most of Banning Lewis Ranch to Ultra means “there is a real possibility that the Banning Lewis Ranch will not be built into residential and commercial neighborhoods as previously expected.” In a statement, Colorado Springs City Attorney Chris Melcher said that the city will continue negotiations with Ultra “to reach a satisfactory resolution of the annexation issues, but if that effort is not successful the city intends to seek enforcement of all rights and responsibilities under the agreement in the Colorado bankruptcy court of Colorado state court.”    ]]> 4913 0 0 0 https://landreport.com/2011/09/the-land-report-fall-2011/ Thu, 15 Sep 2011 07:00:59 +0000 https://www.landreport.com/?p=4927 The nation's leading landowners are buying more land! That's one of the many conclusions to be drawn from the 2011 Land Report 100 now on newsstands. Thanks to his acquisition of more than 1 million acres of timberland, Liberty Media chairman John Malone vaulted in the No. 1 spot, unseating his good friend and business partner Ted Turner. Malone readily admits that he got the "land-buying disease" after touring a Turner ranch. In addition to Malone and Turner, other high-profile landowners featured in the 2011 Land Report 100 include Amazon.com founder Jeff Bezos at No. 28, hedge fund manager Louis Bacon at No. 45,  and the Hearst family at No. 63. The cover story features Oklahoma's Bob Funk, whose Express Ranches is recognized as one of the top seedstock producers in the cattle industry. Readers will journey with Funk to the UU Bar Ranch, a New Mexico landmark that straddles the historic Santa Fe Trail at the base of the Sangre de Cristo Mountains. The digital version of The Land Report can be accessed via your laptop, on your iPad or iPhone, with your Blackberry, as well as on your Android.  ]]> 4927 0 0 0 https://landreport.com/2011/10/larry-ellison-a-true-connoisseur-of-land-expands-to-the-lake-tahoe-area/ Wed, 26 Oct 2011 07:00:15 +0000 https://www.landreport.com/?p=4994 Forbes. Since the mid-1990s, Mr. Ellison has amassed hundreds of millions of dollars worth of top-shelf properties around the world, including five adjacent lots in Malibu; a mansion formerly owned by the Astor family in Newport; a historic garden property in Kyoto, Japan; and a 249-acre estate in Rancho Mirage that includes a private 19-hole golf course. Once Mr. Ellison finds an area he likes, he will typically purchase multiple properties that are adjacent to one another and then combine them into a single, sprawling compound. He also purchases other lots nearby to increase his total holdings in a specific area. According to public records, Mr. Ellison began purchasing in the Lake Tahoe area in 2006 and since then has created three noncontiguous lakefront parcels in eight separate deals. Click HERE to read the full article in the Wall Street Journal]]> 4994 0 0 0 https://landreport.com/2011/10/bob-funk/ Fri, 28 Oct 2011 07:00:22 +0000 https://www.landreport.com/?p=5019 Photography by Gustav Schmiege III The name says it all: The Big Event. Those who have never had the good fortune to set foot in the Express Ranches Sale Barn have no inkling of the beehive buzzing under the big top. In one corner, eager servers tote trays of tri-tip, biscuits, and brownies to buffet tables where more than 400 will break bread in the next 90 minutes. At the shoeshine stand, cattlemen and their brides queue up two and three deep to have their boots given that like-new look. Lording over the entire affair, auctioneer Eddie Sims barks out bids as the price of a half-interest in an Angus cow and her calf soars past $100,000. Arms folded, eyes twinkling, Bob Funk sits in the middle of this extravaganza. Garbed in true cowman style, Funk’s distinguishing trait is actually his smile. Could it be because he’s chatting with his girlfriend and his son? Or is his contagious grin because friends have flown in from across the country? Then again, there’s a pretty good chance that Funk’s smile might be directly tied to the sound of Sims’s gavel, which just came down at $195,000. At first glance, Funk’s credentials stand out as boardroom caliber, not the sales-barn sort. As the chairman and the chief executive officer of Express Employment Professionals, Funk oversees a thriving organization with more than 550 offices in four countries and projected revenues in excess of $2 billion this year. The largest privately-held staffing company in the U.S., Express Employment is a heavyweight in the human resource industry. Unlike many of its competitors, Express Employment has gained market share during the economic uncertainties of the Great Recession. Through the second quarter of 2011, Express has seen double-digit growth for six consecutive quarters. Since 2009, the Oklahoma City company has nearly doubled in size. Sales are up a robust 92 percent. Given this track record, it’s no surprise that the number of boards that vie for Funk’s time and support is mind boggling. Churches, schools, and even Uncle Sam have come calling. Funk was chosen as a director of the Tenth Federal Reserve District, the seven-state region that anchors the heart of the Great Plains. Initially appointed to the Oklahoma City branch, he then joined the board of directors of the Kansas City Fed, was chosen chairman, re-elected chairman, and, in 2007, selected as the chairman of the Federal Reserve’s Conference of Chairmen. Funk advised the Board of Governors of the Federal Reserve System, including former Fed chair Alan Greenspan and current chair Ben Bernanke. “Don’t go telling too many people that. They might hold it against me,” he says and bursts out laughing. Yet the truth is Funk is equally at home on the range or behind a desk. For that matter, he can hold his own on the altar as well. Few people realize that this civic leader, this rancher and cowman is also an ordained minister who earned undergraduate and graduate degrees in theology from Seattle Pacific University while studying business. His broad range of interests is fueled by a level of energy that can best be described as boundless. During a three-month span this summer, the 71-year-old journeyed to Italy to officiate at the wedding of a close friend, traveled to Scotland to dine with Prince Philip, landed not one but two hundred-pound halibut off Canada’s Queen Charlotte Islands, and escorted the Duke and the Duchess of Cambridge to the Calgary Stampede aboard an Express Ranches stagecoach that was drawn by four of his champion black-and-white Clydesdales. The secret of his success? No matter the venue, Funk applies the lessons he learned from those he loved growing up on the land. These building blocks have led to a series of successes he readily admits he could never have imagined. They have allowed him to make countless acts of generosity. Most of all, they have given him a mission, one he pursues day in and day out: Bob Funk believes it is absolutely essential to instill those same lessons in the hearts and the minds of youngsters growing up today. So it’s safe to assume that Funk grew up enjoying the many activities he endeavors to share with kids across Oklahoma, right? Think again. “We were very poor at home,” says Bob’s older sister, Joanne Benton. “Bob didn’t get to go and participate in county fairs like most kids we knew growing up. He was too busy working for Adolph.” The mere mention of this older cousin’s name puts a smile on Funk’s face. This tough taskmaster was the wellspring of Funk’s ferocious work ethic. In his barns and on his fields, Funk learned leadership tenets that would build a multi-billion-dollar company. “Adolph Hanish started at 6:00 a.m. and finished milking 60 cows at midnight every night, seven days a week. And he didn’t think that was working too hard. He loved his cows. They were his life. Adolph taught me a good work ethic. So did Dad. Dad just loved to work. He loved the land. He loved his cattle. My dad worked cows at all times, even after he went broke in the dairy business. He spent more money on his cattle than he should have: the best hay, the best grain. After he went to work for the highway department, he still kept some cows. He’d go milk four cows by hand every morning, start his job at 8:00, finish at 4:30, and milk cows until 7:00 every night. And that was just standard for our family. Dad was a hard worker. He was a wonderful man,” Funk says. The formative influence of these hardworking men had some unexpected consequences, namely, cheap shots from childhood friends. “Some of our cousins used to call Bob ‘nothing but a dumb farm boy,’” says his sister. “They would make fun of him for working so hard for Adolph.” There are two sides to this anecdote, and they reveal the mettle of the man. Ask Bob Funk about his cousins’ taunts and he dismisses the personal discomfort that every adolescent endures. Instead, he speaks of the journey of a fellow human being. “Adolph was a single man who never took a day off. His whole life was his cows. When I started working for him, he had gone 17 years without a day off. The Fourth of July, Thanksgiving, Christmas – he worked holidays, he worked when he was sick, he worked no matter what. I was glad to give him a break,” Funk says. Ask his sister, however, and another side to her younger brother emerges. “Those boys couldn’t have known it, but what they were doing was challenging Bob. They challenged him to make something of himself, and he sure did,” Joanne says. For some inexplicable reason, cousins have shaped Funk’s life. Hanish, his father’s cousin, helped mold the young boy into manhood. Decades later, one of his mother’s cousins opened a new chapter in his life by steering him out west. Most Americans know Ed Pease for his service as an Indiana Congressman. But in Northern New Mexico, the Eagle Scout is known for his service at the legendary Philmont Scout Ranch. The 137,000-acre ranch is nestled in the Sangre de Cristo Mountains, the heart of the historic Maxwell Land Grant (see “Lucien Maxwell,” Land Report Fall 2008). The grant’s 1.7 million acres had been divvied up into a series of enormous ranches, and some 300,000 acres were acquired by legendary Oklahoma oilman Waite Phillips. It was his bequest that created the Scout Ranch. In 1996, Pease learned that a key inholding was about to change hands. “Word got out that the Atmore Ranch was going to be sold and then cut up into 20-acre parcels. I support a landholder’s rights to do what they see fit with their property, but the idea of walking through a subdivision to get to the biggest mountain on Philmont ruins the concept of hiking through the wilderness, doesn’t it?” Pease asks. Pease knew the clock was ticking. “In all the time I’ve known Bob, I never ever asked him to do anything financial. But this time I had to. I called him and made the pitch. Bob had never been a Scout as a kid. Growing up he was too busy working to have time to be a Scout. There was no reason for him to buy this ranch. But he knew what it would mean to generations of Scouts to come, so he went ahead and bought it,” Pease says. Ten years after acquiring the Atmore, Funk expanded his New Mexico holdings when he bought from Brad Kelley the portion of Philmont that Waite Phillips kept for himself. Called the UU Bar Ranch, it is a Rocky Mountain paradise that rises from the high-desert rangeland at 6,000 feet to more than 11,000 feet above sea level in the Sangre de Cristos. “The UU Bar is more like a state than a ranch,” says former Oklahoma Governor Frank Keating. “You have those alpine meadows, the beautiful forests, the abundant wildlife. It’s absolutely a colorful affirmation of the beauty of America, a spectacular picture-postcard ranch.” Keating’s wife, Cathy, concurs. Like her husband, Oklahoma’s former First Lady has been a regular at the UU Bar since before Funk bought it. “We’ve been elk hunting with Bob every year since he bought the Atmore. There’s really just nothing quite like that country out there. It’s just a very special place. You’re in God’s country. I love those moments at the UU Bar - the early morning breakfasts at the lodge that Ralph [Knighton] prepares, driving up to the meadows and waiting for the bugling to start. Then you hear the bugling and the thrill of the chase. I really don’t care if I shoot or not,” she says. As memorable as a visit to the UU Bar may be, the vast property is an integral element of the Express Ranches portfolio. This multifaceted beef production entity is driven by one goal: better cattle. On a trip to New Mexico, Funk points out that yearling bulls are conditioned on the UU Bar before being taken back to Yukon and sold. “Jarold likes to tell me we beta test our genetics at the UU Bar,” Funk says, referring to Jarold Callahan, president of Express Ranches. The two teamed up in the mid-1990s when Funk negotiated the purchase of the B&L Ranch and the B&L Angus cow herd near Shawnee from the Oklahoma Cattlemen’s Association Foundation. Up till then, Funk had focused primarily on Limousin cattle. With the purchase of the B&L, Angus cattle became the driver in the expansion of the Express Ranches brand and Callahan was put in charge. “I told Jarold, ‘You sold me these suckers. You come and make them pay,’” Funk says. And that’s exactly what those black-faced cattle have done. According to National Cattleman, Express Ranches is the nation’s largest seedstock operation. Judging from the strong sales numbers at this year’s Big Event, that ranking is safe and secure. So what does this mean to Bob Funk? It goes without saying that there’s a sense of accomplishment. Back in 1996, he, Callahan, and their team set out to become No. 1, and they’ve done exactly that. It’s the same exact approach that Funk has taken at Express Employment Professionals: putting a team together, setting a high bar, and doggedly pursuing that goal. In three or four years, Express Pros will also be No. 1, Funk tells me. Bob Funk Jr. is also drawn to the rhythm of the cattle business. His day job may be president of the Oklahoma City Barons, but in the back of his mind are lessons he learned years ago. Like his father, he insists those lessons be shared. Both men are passionate supporters of the Oklahoma Youth Expo. The organization’s director, Jeremy Rich, tells me that thanks to the Funks, the Expo has gone from near extinction in 2001 to the largest junior livestock show in the nation. I think I know why. “Growing up in Piedmont, I actually enjoyed working cattle,” Bob Funk Jr. tells me. “Dad used to take me out to feed. It was a hobby, for him and for us, getting up and going to feed the cattle in the morning. It was always fun. It never seemed like work. The best part was really just spending time with Dad.”]]> 5019 0 0 0 https://landreport.com/2011/10/on-the-block-nebraskas-circle-cross-ranch/ Mon, 31 Oct 2011 07:00:59 +0000 https://www.landreport.com/?p=5049 Update 12/2011 Forty-three minutes into the auction, the entire Circle Cross Ranch in Valentine, Nebraska sold for $11.75 million. The winning bidders, cattlemen Danny Weinreis of Minatare, Neb., and Gene Weinreis of Golva, N.D., along with their brothers, plan to continue operating Circle Cross as a cattle ranch. According to Danny Weinreis, “It’s really great cattle country here. We’re cow-calf operators. That’s what we’re looking for: a good feed base and a place to run mother cows.” Auctioned by Hall and Hall, the auction attracted some of Cherry County’s largest landowners and about 30 bidders from across the country.

  ###

  Nestled in the Sandhills region of Northwestern Nebraska lies the spectacular 40,520± acre Circle Cross Ranch. Tucked in against the Niobrara National Scenic River, the Circle Cross  is located about 20 minutes southwest of the Nebraska town of Valentine. The Circle Cross includes 12,020± deeded acres, a 16,500± acre permit in the McKelvie National Forest, 3,400± acres of private and state lease,  and some 8,600± acres of additional private leases. The ranch is irrigated by several wells on the property as well as pumps drawing water from the Niobrara. Approximately 1,100 acres of the ranch are irrigated through 7 pivot irrigation systems. The water is of excellent quality and abundant. Several stock tanks and ponds also dot the landscape around the ranch. Cattle thrive on the Circle Cross's vast grasslands and prairies. In addition, hay, corn, and other crops can be easily grown thanks to the well-developed irrigation system on the property. Driving through the ranch you’ll find open plains, rugged terrain, and scenic trails following the river and through its many wooded areas. The land use permits on the adjacent Samuel R. McKelvie National Forest add additional grazing and recreational opportunities. The Circle Cross is an ideal setting for operating a cattle operation, for crop production, or for a country gentlemen’s ranch and getaway. Date: 10:00 a.m. Central Time, December 2, 2011 Location: Valentine, Nebraska For more information or to receive a detailed brochure: Hall and Hall Auctions (800) 829-8747 www.HallandHall.com ]]> 5049 0 0 0 16404 0 0 https://landreport.com/2011/11/land-report-november-2011-newsletter/ Tue, 15 Nov 2011 07:00:02 +0000 https://www.landreport.com/?p=5084 Take a moment to scan the November edition of The Land Report newsletter. You'll be amazed at the amount of activity going on in land markets currently. Impending auctions of key parcels, record-setting new listings, fire-sale prices on bankrupt holdings - the number of transactions taking place in all sectors is quite encouraging and, as you will soon read, in all parts of the country. For more up to the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow The Magazine of the American Landowner on Facebook and Twitter. P.S. Our award-winning quarterly magazine is available in a print version via subscription.]]> 5084 0 0 0 https://landreport.com/2011/11/land-report-top-ten-november-2011/ Fri, 04 Nov 2011 07:00:37 +0000 https://www.landreport.com/?p=5121 From Hawaii to the Lone Star State, here are America’s priciest properties, led by $175 million Jackson Land and Cattle Ranch, pictured here, which is listed by Hall and Hall. 1. Jackson Land and Cattle: $175 million These 1,750 acres are simply the most phenomenal property to come to the market in the Teton Valley in decades. Jackson Land and Cattle is one-of-a-kind in every respect: world-class improvements, including an equestrian center designed by Jonathan Foote, AIA; lack of any development restrictions; and don’t forget the stunning Teton views. Hall and Hall’s John Pierce has the listing. 2. Walton Ranch: $100 million This 1,848-acre working cattle ranch was pieced together by the Walton family beginning in 1958. The family placed the ranch under conservation easement in 1983. Billy Long and Ron Morris of Ranch Marketing Associates have the listing. 3. Ranch Dos Pueblos: $84 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, it’s one of the largest remaining ranches along the breathtaking Gaviota Coast. Kerry Mormann & Associates has the listing. 4. Tranquility Estate: $75 million These 210 acres on Lake Tahoe are crowned by a 20,000 square-foot mansion. Owned by Tommy Hilfiger co-founder Joel Horowitz, it was originally priced at $100 million in 2006. Listed by Shari Chase and Sue Lowe of Chase International. 5. Aspen Valley Ranch: $59 million Billed as the largest ranch near Aspen in the Roaring Fork Valley, this ranch boasts senior water rights as well as over 800 acres and is located just 10 minutes from the Aspen airport. Joshua Saslove of Joshua & Co. has the listing. 6. Robert Taylor Ranch: $56 million 112 acres in Los Angeles’s tony Brentwood enclave. The roomy ranch house, which was designed by Robert Byrd, features 17 bedrooms and 17 bathrooms. Joyce Rey of Coldwell Banker Previews International has the listing. 7. Hana Ranch: $55 million This 4,500-acre working ranch on eastern Maui surrounds the town of Hana. The property boasts two miles of Pacific oceanfront and rises over 2,200 feet up the slopes of Haleakala. Dan Omer of Island Sotheby’s International Realty has the listing. 8. Rockpile Ranch: $54 million For only the third time in over a century, this 55,374-acre cattle ranch in the Davis Mountains of Far West Texas is on the market. Since 1992, the Rockpile has been owned by McCoy Remme Ranches (No. 41 on the 2011 Land Report 100). James King of King Land and Water is the listing agent. 9. Dana Ranch: $45 million With only two distinguished owners in nearly 100 years and an unmatched record of profitability, the Dana is considered by many to be the finest operating and recreational ranch in the Rocky Mountain West. Supporting 3,000 animal units on 59,000± acres, it boasts over 13 miles of superb fisheries and an incredible diversity of wildlife resources from elk to waterfowl to upland birds. Listed by Dave Johnson with Hall and Hall. 10. Flying Dog Ranch: $40 million This 245-acre Aspen landmark features nearly a mile of Collins Creek and Woody Creek and borders the White River National Forest. Morris & Fyrwald Sotheby's International Realty has the listing.]]> 5121 0 0 0 https://landreport.com/2011/11/for-sale-80000-acres-of-wisconsin-timberland/ Thu, 17 Nov 2011 07:00:14 +0000 https://www.landreport.com/?p=5165 dspeirs@landvest.com.]]> 5165 0 0 0 https://landreport.com/2011/11/sold-idahos-gold-fork-river-ranch/ Thu, 10 Nov 2011 07:00:44 +0000 https://www.landreport.com/?p=5180 Located near McCall, this 1,246-acre ranch offers over four miles of pristine alpine river flowing through the center of the ranch and provides critical habitat and refuge for rainbow trout, brown trout, steelhead, and Chinook salmon. Featuring a varied topography, from timbered mountains and mountain meadows to rugged rock canyons, this ranch supports livestock, herds of elk, deer, and wild big game, including cougars, bear, and moose. This ranch is also near the famous Gold Fork Hot Springs, a mineral-rich hot springs that is open year round, as well as other area attractions such as golf courses, ghost towns, national forest, and lakes for boating, skiing, and fishing. There are also countless recreational opportunities available, including mountain biking, hiking, fishing, and skiing. The terms of the sale, buyer and seller are confidential.]]> 5180 0 0 0 https://landreport.com/2011/11/sold-wyomings-cozy-canyon-ranch/ Wed, 16 Nov 2011 07:00:47 +0000 https://www.landreport.com/?p=5192 Harrigan Land Company, Cozy Canyon is a ranch that that once you're on it, you don't want to leave. The 640-acre mountain hideaway is a paradise for mule deer, black beer, plentiful elk and trophy trout. Running year round, the South Spring and Chippewa Creeks feed the lifeblood on the ranch and support populations of wild brook and brown trout up to 12 inches. Its varied habitat makes Cozy Canyon Ranch a favored refuge for mule deer, elk and black bear and provides for amazing hunting possibilities. The terms of the sale, the buyer, and the seller are confidential.]]> 5192 0 0 0 https://landreport.com/2011/11/fish-wildlife-announces-endangered-species-candidates/ Mon, 21 Nov 2011 07:00:22 +0000 https://www.landreport.com/?p=5216 5216 0 0 0 https://landreport.com/2011/11/land-report-top-10-jackson-land-and-cattle-ranch/ Wed, 23 Nov 2011 07:00:24 +0000 https://www.landreport.com/?p=5227 Jackson Land and Cattle Ranch is a remarkably beautiful 1,750 acre ranch literally on the edge of the town of Jackson, Wyoming. Known as the premier resort community in the Rocky Mountain West, Jackson Land and Cattle Ranch takes full advantage of the most magnificent views for which the area is so famous. This is arguably Jackson’s most desirable ranch that remains essentially unencumbered by development restrictions. This ranch is the finest offering available in arguably the nicest resort communities in the country. Its world-class cutting horse and cattle operation is situated in the most remarkable setting one could ever hope to find. Large productive hay meadows and pastures span the valley floor and give way to hills and mountains covered by large aspen groves and dense green timber slopes that provide exceptional habitat to the abundant wildlife. Three large trout-filled ponds have been developed close to the equestrian center and a beautiful spring creek meanders down through the valley. The backdrop is the famous Teton Range with its centerpiece, the Grand, in full view from the ranch. Jackson Land and Cattle Ranch is listed with Hall and Hall. For more information, contact John Pierce at (307) 733-0989 or via email at pierce@hallandhall.com.]]> 5227 0 0 0 https://landreport.com/2011/11/sold-kentuckys-anderson-circle-farms/ Mon, 28 Nov 2011 07:00:07 +0000 https://www.landreport.com/?p=5249 In a spirited auction that lasted just over three hours, Anderson Circle Farms in Harrodsburg, Kentucky sold for $25 million. The winning bidder, Justice Family Farms, also owns land in South Carolina, North Carolina, Virginia, and West Virginia. At 5,529 acres, Anderson Circle Farms has been in the making since 1967, when Ralph G. Anderson began acquiring farms adjacent to his original 220-acre Mercer County Farm. For more than four decades, Mr. Anderson and his family worked hard to acquire and restore the remarkable historic estates that came to be known as Anderson Circle Farms. Used primarily as farmland for cattle and crops, a total of 2,400 head of cattle live on the farm, including a purebred and commercial Angus herds. Anderson Circle Farms also includes 3,500 acres of high-quality, well managed tillable farmland, some of which is used for grain, vegetable, and tobacco production. Drawing over 140 bidders, it was “hard to imagine a more dramatic finish than this one,” said R.D. Schrader, president of Schrader Real Estate & Auction. “A couple of bidders wanted the entire property but we had a lot of folks — including farmers, investors and other bidders — who were hoping to buy various parts of the land and the homes that were part of Anderson Circle Farms.”]]> 5249 0 0 0 https://landreport.com/2011/12/land-report-top-10-walton-ranch/ Thu, 01 Dec 2011 07:00:31 +0000 https://www.landreport.com/?p=5267 Nestled in the middle of the Greater Yellowstone Ecosystem, this area is densely populated with many rare and spectacular wildlife species including elk, moose, mule deer, grizzly and black bears, mountain goat, antelope, bighorn sheep, foxes, coyotes, eagles, great owls, mountain lions and wolves. Its proximity to Yellowstone and Grand Teton National Parks offers a wide array of recreational opportunities, from mountaineering and fly-fishing to white-water rafting, wildlife expeditions, and hiking. Surrounded by natural beauty, Walton Ranch offers a rare opportunity to own a sizable ranch in one of the most sought after locations in the world. Walton Ranch is listed with Ranch Marketing Associates. For more information, contact Ron Morris or Billy Long at (970) 535-0881.]]> 5267 0 0 0 https://landreport.com/2011/12/sold-kentuckys-diamond-island/ Mon, 05 Dec 2011 07:00:23 +0000 https://www.landreport.com/?p=5283 With its naturally fertile soil, Diamond Island has been used to produce corn and soybeans for decades. In addition to grain production, other potential income sources include oil, timber and hunting, as well as the leasing of docking rights to a barge company. Owned by John H. Bower Heirs LLC, the heirs of John H. Bower, who with his brother was in the mule, land and timber business 100 years ago, the sale of this property marks the first time the property has changed hands in a century.]]> 5283 0 0 0 https://landreport.com/2011/12/land-report-top-10-ranch-dos-pueblos/ Thu, 08 Dec 2011 07:00:15 +0000 https://www.landreport.com/?p=5313 Located in Santa Barbara, California, Ranch Dos Pueblos is one of the largest remaining ranches along the Gaviota Coast — stretching from the Santa Ynez Mountains down to a sandy beach on the Pacific Ocean. At 2,175 acres, the ranch includes a lovely private sandy beach compound, which offers breathtaking views of passing ships, soaring gulls, frolicking dolphins, and the occasional spouts of migrating whales. The property also features abundant agriculture with numerous native and specimen plantings, trees, and orchards. Surrounded by large ranches and the Los Padres National Forest, Ranch Dos Pueblos offers an array of recreational opportunities, including hiking, camping, and fresh water recreation at nearby Lake Cachuma. For sale for the first time in over 30 years, Ranch Dos Pueblos is listed with Kerry Mormann & Associates.]]> 5313 0 0 0 https://landreport.com/2011/12/land-report-top-10-aspen-valley-ranch/ Wed, 14 Dec 2011 07:00:22 +0000 https://www.landreport.com/?p=5348 Situated in the picturesque valley just outside of Aspen, the Aspen Valley Ranch is the last working ranch in the area that reflects the mountain heritage of the West. At 813 acres, this prestigious family legacy ranch is a rare offering in Woody Creek, Colorado. With its unique traits of both a historic, working ranch and a luxurious recreational getaway, this property features senior water rights, irrigated pastures, and a new 10-stall horse barn. Additionally, its proximity to public lands, trails, wildlife, the Roaring Fork River, and a handful of Aspen ski areas provides ample recreational opportunities. Aspen Valley Ranch is listed with Joshua & Co. For more information, contact Joshua Saslove at (970) 948-3876.]]> 5348 0 0 0 https://landreport.com/2011/12/lands-best-friend-german-shorthaired/ Wed, 21 Dec 2011 07:00:54 +0000 https://www.landreport.com/?p=5383 The German shorthair lineage began with the old Spanish pointer — progenitor of the modern pointer — crossed with the bloodhound for scenting ability, foxhound for speed and endurance, and, finally, the pointer. The result was a large, powerful, methodical breed that pointed both furred and feathered game, retrieved from land and water, trailed wounded big game, and even tracked and bayed wild boars. German shorthairs began to trickle into the US in the 1920s, and found favor with hunters who wanted close-working, easily trained pointing dogs. Most American hunters, however, grounded in a tradition of stylish, big-running, pointers and setters, found the shorthair’s methodical, houndish working style less than inspiring. After World War II, many of the same economic forces that gave rise to the versatile breeds in Europe — urbanization, shrinking habitat, increased leisure time, and a burgeoning middle class — stimulated interest in multipurpose hunting dogs of all types. Devoted American breeders worked to adapt the shorthair to American conditions while retaining the breed’s versatility. As a result, today’s hunter can choose from an abundance of excellent German shorthair bloodlines and working styles, from fairly close-ranging dogs that excel at grouse, woodcock, and pheasant hunting to stylish, big runners that scour the countryside for quail and also retrieve doves and fetch ducks from creeks and stock tanks. Do:
  • Pay close attention to bloodlines. Some shorthairs rival English pointers in range and speed, and may be “too much dog” for the average hunter.
  • Make your pup a member of the family. German shorthairs form tight bonds.
  • Train with firmness and consistency. True to their hound and pointer ancestry, German shorthairs are very intelligent and adept at bending rules.
  Don’t:
  • Expect your German shorthair to do the work of a Labrador or Chesapeake Bay retriever. The breed is best-suited for fetching from creeks and ponds in moderate conditions.
  ]]> 5383 0 0 0 https://landreport.com/2011/12/sold-wyomings-bighorn-lodge/ Tue, 20 Dec 2011 14:00:06 +0000 https://www.landreport.com/?p=5394 Sitting on 5.32 acres, Bighorn Lodge features breathtaking and unobstructed mountain views. As a premier mountain residence built with “museum quality” Western Cedar logs from British Columbia, Canada, this luxury property is considered to be the most beautiful log home in Jackson Hole and the entire Rocky Mountain region. Its proximity to Jackson Hole allows for endless outdoor activities, from world-class alpine skiing and fishing to hunting, horseback riding, and wildlife viewing. Auctioned by Concierge Auctions. The price and buyer are confidential.]]> 5394 0 0 0 https://landreport.com/2012/01/linda-davis/ Wed, 04 Jan 2012 07:00:25 +0000 https://www.landreport.com/?p=5413 This cowboy’s sweetheart is a fourth-generation New Mexico rancher who still loves to ride, rope, and patch up cowboys and Boy Scouts. Linda Davis is one cowgirl who rarely gets the blues. This hands-on landowner and her late husband, Les, devoted their lives to their family, the livestock industry, and the CS Ranch, their historic cattle operation on the eastern edge of the Sangre de Cristo Mountains in Northern New Mexico. A New Mexico native, Linda was raised on the Tequesquite Ranch, which was established by her great-grandfather in the 1870s. Beginning in 1930 her father, Albert Mitchell, ran the famed Bell Ranch. [Liberty Media chair John Malone acquired the Bell in 2010. See Land Report Fall 2010.] After the untimely death of her mother, Linda began to buddy up with certain cowboys who worked on the Bell, especially the wagon crew and some of the bronc busters. At the same time that the Mitchells were settling the Tequesquite in the late 1800s, a lawyer and newspaperman named Frank Springer started stockpiling land for what would ultimately become the 127,500-acre CS Ranch. [See Land Report 100.] Young Linda met her match when Ed Springer introduced a Dartmouth alum named Les Davis to Albert Mitchell. The idea was for Davis to see how the Tequesquite was run. Davis was Springer’s nephew, and, in 1953, he became Linda’s husband. That same year, Linda received an associate degree in agricultural economics from Cornell. “Cornell had the leading ag economics program in the United States at that time. It was after the war ended, and times were changing so rapidly. The global food economy was the main part of the course lineup,” she says. More recently, Linda was certified as an emergency medical technician (EMT). No doubt she received this care-giving streak from her mother, herself a pioneer in public health nursing in New Mexico. Growing up, I was the only female around. I did everything, including patching up cowboys. Then I married a rancher and moved to another isolated area 60 miles from a hospital.” Linda is on standby 24/7 with the Cimarron ambulance service. She often tends to young Scouts and other visitors to the Philmont Scout Ranch. “You have to be dedicated and ready to drop everything. I carry a radio all the time,” she says. Linda is a founding member of the Annie Oakley Society and was honored by the National Ranching Heritage Center with its prestigious Golden Spur award. “It was a significant honor, and I’m very proud of it,” she says. “I still ride and still work with the crew,” she adds. “It’s a way of life. I’m a fourth-generation rancher.” Linda has several nephews and one niece at Tequesquite Ranch, and her six grown children, eight grandchildren, and one great grandchild were predestined to share her love of the land. “They’re all involved and live in the general area around here. We’re a family-owned working ranch.”]]> 5413 0 0 0 https://landreport.com/2012/01/sold-montanas-historic-horse-ranch/ Thu, 05 Jan 2012 07:00:00 +0000 https://www.landreport.com/?p=5438 Nestled in the rolling hills of Central Montana, the historic Horse Ranch sold in December 2011. According to listing broker Mike Swan of Bates Sanders Swan Land Company, the ranch is “a rare combination of privacy, beauty, and scale in a contiguous block of deeded acreage that is very difficult to find in today’s Western land market.” Ryan Flair of Fay Ranches represented the buyer. The initial owners, a prominent Fergus County family, began assembling this magnificent property in the 1880s to supply remount horses for the US Cavalry.  The new — and only the third — owner of the Horse Ranch looks forward to continuing the land stewardship of these two preceding Western pioneers. Comprised of 25,323± acres, this ranch contains sufficient hay meadows and summer pasture to comfortably run 700 to 750 head of brood cows on a year-round basis plus a full complement of heifers and bulls. The deep timbered draws and grassy plateaus on this property also provide prime habitat for the resident elk herds, trophy mule deer, antelope, wild turkey and upland game birds, including sharp-tailed grouse, pheasant and sage grouse. Financial terms of the sale were not disclosed.    ]]> 5438 0 0 0 https://landreport.com/2012/01/land-report-top-10-rockpile-ranch/ Fri, 06 Jan 2012 07:00:58 +0000 https://www.landreport.com/?p=5457 Situated along the scenic loop in the Davis Mountains in West Texas lies Rockpile Ranch, which was named for the massive geologic formations located at the entrance of the ranch. Comprised of 55,374 acres, this historic ranching operation represents some of the best cow/calf range in the West Texas cow-country. This ranch features some of the most spectacular scenery in West Texas, ranging from rugged interior mountain crags and slopes to expansive rolling grasslands between picturesque high peaks within Rockpile’s boundaries. There is also a very large, spring-fed canyon that nurtures some of the most remarkable old-growth wild black cherry and rare Texas madrone groves in Texas on this ranch. The mature pine, alligator juniper, and large native oak woodlands on this property create an exceptional habitat for wildlife, including a diverse resident bird population and several migratory bird species during the spring and fall seasons. The dense grasslands provide excellent habitat for an extensive wildlife population, from Texas mule deer, pronghorn and white tail deer to hogs, grey fox and javelin. Available for only the third time in over a century, this historic ranch is listed with King Land and Water. For more information, contact James King at (432) 426-2024 or via email at james@kinglandwater.com.]]> 5457 0 0 0 https://landreport.com/2011/12/taylors-trees/ Sun, 25 Dec 2011 07:00:00 +0000 https://www.landreport.com/?p=5464 Land Report Summer 2009). He also pursued investments on his own. A few years ago, he came across the parcel of timberland from which Taylor’s Trees would evolve. “I had an acquisitions guy who was out looking for property,” Emmons recalls. “I had moved to Florida and went up to Maine for a week to Sugarloaf to go skiing, and he said, ‘Mike, I think you ought to come take a look at this piece of property. It seems like a pretty good deal.’ “So I skipped a day of skiing and went and looked at this piece of property in Maine. It was a great deal, and I bought it. It was 9,000 acres. It didn’t really have any timber value. About 2,000 acres had been put into a conservation easement to protect the two streams. I took the other 7,000 acres and subdivided it into some 500-acre tracts and just never got around to selling it. The more time I spent up there, the more I fell in love with the place. The idea of owning 7,000 acres and growing timber on it and passing it on to my kids started appealing to me. So I decided not to sell it,” he says. During his junior year, Taylor had participated in an Out-of-Door Academy program in which the school’s students stuffed backpacks with basic school necessities for kids without the means to buy them themselves. The experience was an eye-opener, and the teen expressed concern about the thousands of homeless kids in otherwise affluent Sarasota. “Taylor said, ‘there seems to me there’s something we ought to be able to do,’” recalls his dad. “It really bothered him.” The thought stuck with Mike as well: “I got to thinking about it from time to time, and then one day I got a call from Josh Rhodes, who hunts bear on our property in Maine. Josh says, ‘do you mind if my wife goes tipping on your property?’ I said, ‘Under one condition. You’ve got to send me a wreath.’ So two weeks later, I get this absolutely beautiful wreath from the clippings off my property, and it smells just like Maine. I got to thinking that maybe we could grow some Christmas trees and ship them down here and the kids from the academy, in conjunction with the underprivileged kids, could sell them [as a fundraiser].” After factoring in the logistics of clearing the land, planting 1,000 trees per acre, and shipping the harvested ones from Maine to Florida, Emmons realized it could be more than a moneymaker. As Taylor had hoped, it could be a great way to help others. While the first crop of trees grew in, wreath sales would provide a little cash flow. At the same time they would help develop a customer base. “Originally my thought was to raise money for the school as well as the disadvantaged kids,” he says. Emmons and David Mahler, headmaster at ODA, held a series of meetings to discuss the project. Mahler was intrigued with the idea and encouraged Emmons to pursue it. “We talked about it before Taylor’s passing, the idea of using some of the proceeds from the tree farm to help these kids,” says Mahler. Today, Emmons’s long-term goal is to create a place in Maine where students from ODA and underprivileged kids from Sarasota can experience the great outdoors while hunting, fishing, pulling lobster traps, and, of course, planting trees. “It takes about six years for a planted pine to become marketable,” Emmons says. “My daughter, Samantha, was moving from the Lower School to the Upper School, and I said, ‘wouldn’t that be cool if the kids who were in sixth grade actually participated in planting the trees, then six years later, when they’re harvested, they’re actually selling the trees that they helped plant six years before?’” As summer 2010 got underway, Emmons’s crew cleared the land and planted the first 4,000 trees. Six months later, Taylor’s life was tragically cut short. In lieu of flowers or other tokens of sympathy, the family established the Taylor William Emmons Scholarship Fund and asked for donations in Taylor’s name. “We’ve received over $136,000 in donations from family, friends, and people we didn’t even know,” Emmons says. “The outpouring was just incredible. To this day the money still pours in.” In keeping with the legacy, the memorial foundation has partnered with All Faiths Food Bank to sell handmade wreaths from Taylor’s Trees in Maine. All proceeds from the sale of the 22-inch double-sided wreaths will go to the Taylor William Emmons Scholarship Fund and the corresponding backpack program, which feeds hungry children through the food bank. This past June, the ODA’s baseball field was dedicated in Taylor’s honor. Topping off the ceremony was the announcement of Desmond Lindsay as the first recipient of a Taylor William Emmons Scholarship. “Desmond possesses a lot of Taylor’s qualities. We have no doubt … he is going to carry on his name perfectly,” says Taylor’s mom, Katie. “What I want is that every year a kid gets to go to the academy because of Taylor,” Mike Emmons says. “I want to have four kids in the school on scholarship in Taylor’s name. One in every class.” To that end, Emmons has set a goal to generate $1 million so that the scholarship fund can be self-sustaining. Says David Mahler, “Taylor was a great kid: a strong student, an exceptional athlete, fun-loving, friendly, and outgoing. The Taylor Emmons Scholarship Fund is an incredible way to maintain Taylor’s legacy. It’s really a testament to Mike and Katie and the strength of the Emmons family that in a time of such sorrow and sadness, they’ve decided to changes lives for the better. This scholarship will change innumerable lives going forward.” The Emmons family also has a living, breathing memento of Taylor’s big-heartedness. Through a Facebook connection, Taylor rescued a dog while in college. When he brought Bella home for Thanksgiving, Mike insisted that Taylor take her to the local shelter in Bradenton. His message was a simple one: college is no place to raise a pet. The day after Taylor’s tragic accident, his older brother, Mikey, rallied the family to call the shelter and get Bella back. Though she had already been adopted, the shelter understood the family’s circumstances, and made the necessary arrangements for Bella to come home. Another timeless reminder of this wonderful life. – Nancy Myers

  To place a wreath order, log on to www.temmons.org. To learn more about the Taylor Emmons Scholarship Fund, call Executive Director Sandy Albano at (941) 915-9249 or send her an email at salbano@temmons.org.

  ]]> 5464 0 0 0 https://landreport.com/2011/12/the-land-report-winter-2011/ Thu, 15 Dec 2011 07:00:51 +0000 https://www.landreport.com/?p=5510 As everyone knows, T. Boone Pickens has had an immeasurable impact on the way America does business. From his pioneering role as a shareholders' rights advocate to his legendary renown in the energy industry, Pickens always has a plan. Readers of the current issue of The Land Report will learn how the Oklahoma native has applied this same goal-oriented approach to revitalizing his beloved Mesa Vista Ranch. It wasn't too long ago that the 68,000 acres he currently owns in the Texas Panhandle was essentially overgrazed cattle country. But with keen foresight and plenty of stewardship, he was able to nurture and develop a quail hunting property that is without peer nationwide. Enjoy this issue's cover story: a tour of the Mesa Vista Ranch featuring text by Ray Sasser as well as breathtaking photography by the State Photographer of Texas, Wyman Meinzer. In addition to this Land Report exclusive, the winter issue also includes an opportunity to review The Land Report Top Ten, featuring the nation's leading listings. Another must-read article is the story of Taylor's Trees, which many have already perused at Land Report.com.  ]]> 5510 0 0 0 16414 0 0 https://landreport.com/2012/01/vistas-montanas-broken-o-ranch/ Tue, 10 Jan 2012 07:00:19 +0000 https://www.landreport.com/?p=5545 Located just east of the stunning Rocky Mountain Front in Augusta, Montana, the Broken O Ranch is considered to be one of the Rocky Mountain West’s most grand and significant ranches. At 123,000 acres, this ranch has been in the making for the past 20 years. With its expansive cattle and farming operation, this ranch currently carries 3,500 mother cows plus 800 replacement heifers and 200 range bulls. The Broken O Ranch also contains Montana’s largest block of irrigated land, approximately 13,000 acres, and has historically averaged 25,000 tons of alfalfa hay and 700,000 bushels of small grain crops annually. The Broken O Ranch also features outstanding recreational opportunities, including exceptional brown and rainbow fishing plus antelope, whitetail and mule deer hunting. According to broker Mike Swan of Bates Sanders Swan Land Company, “The Broken O Ranch is one of the Rocky Mountain West’s most significant holdings to come on the Western real estate market in decades.” Broken O Ranch is listed with Bates Sanders Swan Land Company for $132,500,000. For more information, contact Mike Swan at (406) 522-7342.]]> 5545 0 0 0 https://landreport.com/2012/01/land-report-top-10-dana-ranch/ Mon, 09 Jan 2012 07:00:05 +0000 https://www.landreport.com/?p=5558 Encompassing almost the entire Hound Creek Valley, Dana Ranch in Cascade, Montana is considered by many to be the finest combination cattle and recreational ranch in the Rocky Mountain West. At 59,000± acres, this ranch features an incredibly rich environment that includes strong grasses and an amazing diversity of terrain and habitats. Supporting approximately 3,000 head of cattle, this ranch is also home to huge elk herds and substantial populations of mule deer, whitetail deer and antelope. Additionally, with over 18 miles of “Blue Ribbon” quality fisheries, this property includes extensive upland bird, water fowl, and pheasant habitat. With only two distinguished owners in nearly 100 years and an unmatched record of profitability, Dana Ranch is true “Legacy Ranch.” According to listing broker Dave Johnson with Hall and Hall, Dana Ranch “combines the very best features of an outstanding operating ranch with the aesthetic qualities, wildlife and fisheries resources of a more recreationally oriented ranch.” Dana Ranch is listed with Hall and Hall. For more information, contact Dave Johnson at (406) 587-3090 or davej@hallandhall.com.]]> 5558 0 0 0 https://landreport.com/2012/01/land-report-top-10-flying-dog-ranch/ Thu, 19 Jan 2012 07:00:27 +0000 https://www.landreport.com/?p=5621 Nestled into the pastoral Woody Creek, Flying Dog Ranch is one of the last remaining original ranches in the Aspen area. Comprised of four parcels totaling 245 acres, the backyard of Flying Dog Ranch is the 2.3 million-acre White River National Forest, which provides countless riding and hiking possibilities, along with ample hunting opportunities for deer and elk. Featuring excellent views south of the property to the distant mountain ranges, this ranch is an idyllic setting to hitch up horses in the existing stable near Woody Creek Road. Available for the first time after nearly 40 year, other property highlights include water rights, miles of private trails and roads, multiple barns, fields, a historic homesteader’s cabin, a straw bale house, and freestanding living structures. Flying Dog Ranch is listed with Morris & Fyrwald Sotheby's International Realty.]]> 5621 0 0 0 https://landreport.com/2012/01/land-report-january-2012-newsletter/ Sun, 15 Jan 2012 07:00:14 +0000 https://www.landreport.com/?p=5672 Here's a great way to start your year: the January edition of The Land Report newsletter. This issue is chock full of stories and links to essential resources, including the Winter 2011 issue of The Land Report and of course January's Land Report Top Ten. As you might imagine, December wrapped up with a slew of end-of-the-year closings, and several key ones are detailed in the January newsletter, including the sale of Montana's Horse Ranch and the sealed-bid auction of the Robert Mondavi Estate in Napa. For more up to the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow The Magazine of the American Landowner on Facebook and Twitter. P.S. Our award-winning quarterly magazine is available in a print version via subscription.]]> 5672 0 0 0 https://landreport.com/2012/01/for-sale-cropland-in-eastern-colorado-and-western-kansas/ Tue, 31 Jan 2012 07:00:22 +0000 https://www.landreport.com/?p=5720 5720 0 0 0 16415 0 0 https://landreport.com/2012/02/grand-canyon-lands-withdrawn-from-new-claims/ Wed, 01 Feb 2012 07:00:11 +0000 https://www.landreport.com/?p=5728 Secretary of the Interior Ken Salazar announced his decision to protect more than 1 million acres of federal lands surrounding the Grand Canyon and its vital watershed from additional uranium and other hardrock mining for the next 20 years. The Public Land Order to withdraw this acreage for 20 years from new mining claims and sites under the 1872 Mining Law is authorized by the Federal Land Policy and Management Act. The withdrawn area includes 355,874 acres of U.S. Forest Service land on the Kaibab National Forest; 626,678 acres of Bureau of Land Management lands; and 23,993 acres of split estate–where surface lands are held by other owners while subsurface minerals are owned by the federal government. Read the Interior Department press release HERE.]]> 5728 0 0 0 https://landreport.com/2012/02/lands-best-friend-little-big-hound/ Thu, 09 Feb 2012 00:00:54 +0000 https://www.landreport.com/?p=5749 Do: - Watch your beagle’s weight. Hounds love to eat. - Take your pup afield regularly. Don’t: - Tolerate disobedience. Beagles will try you. - Shoot over your pup before she’s become a maniacal rabbit hunter.]]> 5749 0 0 0 16416 http://www IMDB]]> 0 0 https://landreport.com/2012/03/sold-fortress-cliffs-ranch/ Thu, 29 Mar 2012 07:00:09 +0000 https://www.landreport.com/?p=280 MARCH 29, 2012 POST: Texas Parks & Wildlife voted to sell 2,014 acres of the Fortress Cliffs Ranch adjoining Palo Duro Canyon State Park to Sooter Ranch of Perryton for $2.4 million. The acreage is under a conservation easement held by the Texas Parks & Wildlife Department. SEPTEMBER 17, 2008 POST: Almost 3,000 pristine acres valued at more than $5 million along the rim of Palo Duro Canyon has been sold to The Trust for Public Land (TPL), a nonprofit land conservation organization. After purchasing the Texas Panhandle property, TPL immediately transferred it to Texas Parks & Wildlife, thus increasing the size of Palo Duro Canyon State Park by nearly 10 percent. “The sale of this property represents the core of our company’s mission,” says John Watson, President & CEO of Orvis/Cushman & Wakefield in Colorado Springs, which brokered the sale. Watson spent more than a year spearheading the deal: securing the listing, seeking out TPL and introducing them to Texas Parks & Wildlife, and then patiently shepherding the transaction through numerous appraisals and reviews. “There is a finite supply of investment-grade recreational properties, and Orvis/Cushman & Wakefield's goal is to find the best stewards for the protection and appreciation of the land,” Watson added. A spectacular sporting and recreational property, the 2,864-acre Fortress Cliffs Ranch was recently appraised at $5.22 million ($1,800+ per acre). By deeding it to the State of Texas, TPL increased the size of the adjacent 29,187-acre Palo Duro Canyon State Park by almost 10 percent. "The rare chance to protect six miles of cliffs overlooking the Grand Canyon of Texas, to keep that bluff looking the way the first Texans saw it – this is unparalleled," said Carter Smith, Texas Parks and Wildlife Department executive director. "I know all Texans can appreciate the significance of this acquisition for our park system. It’s for everyone alive today, and for generations to come." The sale closed on August 28.]]> 280 0 0 0 16314 http:// 0 0 16315 http://ericokeefe.com 0 2 https://landreport.com/2012/03/scott/ Tue, 13 Mar 2012 07:00:10 +0000 https://www.landreport.com/?p=4740

  No. 42 Scott Family

  220,000 acres The Padlock Ranch dates back to 1943 when Homer and Mildred Scott ran just 300 cows on 3,000 acres. In the decades since then, the Padlock has expanded substantially and now covers almost half a million acres in Wyoming and Montana; some 220,000 of those are deeded. In addition to being a working cattle ranch that raises 11,000 calves annually, the Padlock also produces hay, corn, and barley. It also offers ranch vacations, drawing guests from as far as Switzerland and Italy.]]> 4740 0 0 0 https://landreport.com/2012/02/t-boone-pickens-good-stewardship-good-business-good-neighbors/ Tue, 14 Feb 2012 07:00:31 +0000 https://www.landreport.com/?p=5777 Since before statehood, Texas ranch values were harnessed to livestock production. When Pickens began his ranch real estate business, few prospective buyers were interested in wildlife value. That attitude has changed dramatically. Recreational use, primarily linked to hunting, is a major reason why land values in Roberts County have escalated over the past decade. In an era of shrinking wildlife habitat, land that was traditionally used for livestock production is more valuable when improved for wildlife. Much of the increased value in Roberts and surrounding counties is due to Pickens’ continued efforts to promote the area. The astute businessman is also creating a template for his neighbors to use in dealing with energy companies, which often own rights to explore for gas and oil under private property. Like many modern landowners, Boone does not own all the minerals under his sprawling ranch. Standard agreements call for exploration crews to restore any damage caused by their heavy equipment. The usual phrase is “restore to original condition.” Pickens sued one company that offered to pay a $60,000 settlement for the damage its machines had done. Most landowners would have gladly cashed a $60,000 check and considered it a windfall. But Boone has spent a considerable fortune improving his ranch, and he had the receipts to show just how much it had cost to transplant native grasses and trees. In arbitration, Mesa Vista was awarded more than $1.5 million. He quickly informed his Roberts County neighbors of the award to help educate them on the importance of ensuring that oil and gas operators treat them equitably. In another case, a grove of 144 hackberry trees stood in the path of heavy equipment. Pickens requested that the pipeline company rolling across the ranch give him notice when they neared the grove so he could use a tree spade to relocate the trees. The contractor waited until his crew was within a few working days of the grove to give notice. It wasn’t enough time to rescue that many trees, so the company brought in a bulldozer and leveled the grove, then offered to reseed the damaged area until grass was established. Due to courtroom renovation, that case was settled in 2010 with judge, jury, and witnesses crowded into a 20-by-30-foot training room at the Miami Fire Station. Mesa Vista won on all but one count. The 144 hackberries cost the company $1,000 each. “What we’re trying to do is change the traditional way that land has been treated,” says Pickens. “It’s going to be treated with respect.” Roberts County sits over the Ogallala Aquifer, the largest groundwater reservoir in the United States and one of the largest in the world. The aquifer extends across eight Great Plains states and covers 174,000 square miles, much of the region sparsely populated. The Ogallala Aquifer is estimated to contain over three billion acre-feet of water, stretching from South Dakota to Midland, Texas. The Ogallala holds enough water to cover all fifty states with eighteen inches of water. Boone’s geology background made it obvious to him that water would eventually become more valuable than oil. When he bought the first small piece of the ranch that would become a showplace, he knew there was groundwater beneath the sandy soil. He had no idea how much water was there, nor did anyone else at that time understand the eventual importance of a natural resource that most Americans took for granted. You turned on the faucet and the water came out. It was cheap and it was abundant, at least in the 1970s. “When I made the first land purchase in 1971, we started drilling water wells for windmills and discovered that it was almost impossible to drill a dry well,” recalls Pickens. “The water was important for my wildlife plan, and that’s how I used it. We buried PVC waterlines to create a system of artificial creeks. Permanent water holes were created at intervals along the waterlines to provide surface water for all wildlife and for the quail in particular. The water was great, and it was readily apparent that our system of artificial creeks helped the quail, even in years when we didn’t get much rain. It took a while for me to realize that Roberts County was sitting over a veritable ocean of pure water, and it took even longer for the potential of that resource to sink in.” Pickens wasn’t the first to buy water rights in the Panhandle, but with his legendary insight he soon realized that these vast water resources could and should benefit more than recreational ranching. Texans can cut back on the use of oil and natural gas and develop alternative energy sources, but they can’t do without water for a growing population. Aggregated in a partnership with fellow landowners, Boone has focused on the important role that the stranded, surplus water could play. He has championed prudent and equitable water use, believing the valuable underground resource can be redistributed from an area of low population and abundant water to cities where population growth overwhelms the water supply. With the Panhandle’s relatively few inhabitants, about 95 percent of water use goes to irrigation. Boone believes this is no longer the best use for such a valuable resource. Although farmers don’t use nearly all the water under their land, they object to the idea of water being moved from the Panhandle to densely populated cities. But Pickens sees no difference between moving surplus water to an area where it can be used and hauling locally raised crops out of the region to distant markets. And farmers are actually getting less for the water when mandated through grain production. “I’d like to see the legislature place all of the Ogallala Aquifer under a commission that would treat all landowners equally. The landowner would have an option of selling his water into the grid or using it to irrigate crops. Everyone would get the same amount of water.” Pickens’ idea could have far-reaching consequences for wildlife. In a meeting at the offices of the Lubbock Avalanche Journal, he got into a conversation with the newspaper’s ombudsman, a woman whose family owned a farm north of Lubbock. Boone was outlining how the water could be better used. One of the executives said Boone’s ideas were bad because the Panhandle economy was built on farming. The ombudsman, however, was interested in what Pickens had to say because she knew her family was tired of farming. “Well, you could sell the water that you’re now using to irrigate crops,” Boone said. “If you sell the water, you’ve got two options for what to do with the land.” He went on to explain that the family could either switch to dryland farming (growing crops that do not need to be irrigated) or put the land into a conservation reserve program (CRP), which pays farmers to let fields lie fallow. In fifty years, the fallow farmland reverts to a pristine prairie. “Nobody loses in a deal like this,” says Pickens. “Whether you use water to irrigate crops or sell it for municipal use, everybody should have the same allocation – one acre-foot per surface acre of land. I think most people would choose to sell their water and let the land return to native habitat. We have the potential here to restore 23 million acres of wildlife habitat. In some of the Plains states, I’ve heard people get excited about saving several thousand acres of pristine prairie. Wouldn’t it be great for Texas to reclaim most of the Panhandle for wildlife?” Moreover, Boone’s emphasis on wildlife and his desire to expand and improve his ranch holdings has put Roberts County and the entire Panhandle on the map of desirable areas to buy for recreational property, escalating real estate values. His focus on wildlife habitat and his water play have arguably brought more than $200 million into the Panhandle since 1997; that figure could increase dramatically by 2020. He’s been like a one-man chamber of commerce for a region that most Texans know only because they drive through it en route to New Mexico or Colorado. Boone Pickens will be remembered as a good steward, a good businessman, and a good neighbor. He is a true advocate for change, a tireless steward of the land, a friend of wildlife, and a business genius whose selfless business deals will benefit the residents of Roberts County for generations to come, the generations he has yet to touch. Reprinted by permission of Collectors Covey Gallery. Copyright © 2011 T. Boone Pickens. All Rights Reserved.]]> 5777 0 0 0 16417 http://www.julenebair.com 0 0 https://landreport.com/2012/02/land-report-february-2012-newsletter/ Wed, 15 Feb 2012 07:00:49 +0000 https://www.landreport.com/?p=5807 More and more investors are turning to land. Not only is it a safe haven for their capital, but in many instances it can throw off steady revenue streams. The February edition of the Land Report newsletter showcases numerous properties with substantial income-generating potential. Let's start with Hudye Farm: almost 18,000 acres of dryland and irrigated farming along the Colorado-Kansas state line. Add to this Montana's Broken O Ranch, which features The Treasure State's largest block of irrigated land as well as an impressive cow-calf operation and significant recreational income. We also provide hyperlinks to eight other properties in The Land Report Top Ten, including several significant cattle operations with proven returns, including Hawaii's Hana Ranch, Texas's Rockpile Ranch, and Montana's Dana Ranch. P.S. Our award-winning quarterly magazine is available in a print version via subscription.]]> 5807 0 0 0 https://landreport.com/2012/02/land-report-top-ten-february-2012/ Tue, 21 Feb 2012 07:00:03 +0000 https://www.landreport.com/?p=5832 From the Lone Star State to Hawaii, here are America’s priciest properties, led by $175 million Jackson Land and Cattle Ranch, which is listed by Hall and Hall. Two new properties have joined this mix: Broken O Ranch in Montana and Hudye Farms along the Colorado-Kansas state line. 1. Jackson Land and Cattle: $175 million These 1,750 acres are simply the most phenomenal property to come to the market in the Teton Valley in decades. Jackson Land and Cattle is one-of-a-kind in every respect: world-class improvements, including an equestrian center designed by Jonathan Foote, AIA; lack of any development restrictions; and don’t forget the stunning Teton views. Hall and Hall’s John Pierce has the listing. 2. Broken O Ranch: $132.5 million At 123,000 acres, this ranch (pictured above) has been in the making for the past 20 years. With its expansive cattle and farming operation, this ranch currently carries 3,500 mother cows plus 800 replacement heifers and 200 range bulls. The Broken O Ranch also contains Montana’s largest block of irrigated land, approximately 13,000 acres, and has historically averaged 25,000 tons of alfalfa hay and 700,000 bushels of small grain crops annually. Mike Swan of Bates Sanders Swan Land Company has the listing. 3. Walton Ranch: $100 million This 1,848-acre working cattle ranch was pieced together by the Walton family beginning in 1958. The family placed the ranch under conservation easement in 1983. Billy Long and Ron Morris of Ranch Marketing Associates have the listing. 4. Ranch Dos Pueblos: $84 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, it’s one of the largest remaining ranches along the breathtaking Gaviota Coast. Kerry Mormann & Associates has the listing. 5. Big Creek Ranch: $59.9 million Only eight miles from Steamboat Springs, 5,034-acre Big Creek Ranch offers rainbow and brook trout fishing along five miles of Big Creek as well as a half-mile of the Elk River. National forest borders 85 percent of the property, offering easy access to an additional 150,000 acres of pristine wilderness, including world-class trout fishing and hunting for elk and mule deer. A mix of forest and meadows provides ideal wildlife habitat and summer pasturage. Listed by Ron Morris and Billy Long of Ranch Marketing Associates. 6. Aspen Valley Ranch: $59 million Billed as the largest ranch near Aspen in the Roaring Fork Valley, this ranch boasts senior water rights as well as over 800 acres and is located just 10 minutes from the Aspen airport. Joshua Saslove of Joshua & Co. has the listing. 7. Hana Ranch: $55 million This 4,500-acre working ranch on eastern Maui surrounds the town of Hana. The property boasts two miles of Pacific oceanfront and rises over 2,200 feet up the slopes of Haleakala. Dan Omer of Island Sotheby’s International Realty has the listing. 8. Rockpile Ranch: $54 million For only the third time in over a century, this 55,374-acre cattle ranch in the Davis Mountains of Far West Texas is on the market. Since 1992, the Rockpile has been owned by McCoy Remme Ranches (No. 41 on the 2011 Land Report 100). James King of King Land and Water is the listing agent. 9. Hudye Farm: $49 million Spanning two states, Hudye Farm is the largest dryland and irrigated farm ever to be offered for sale in eastern Colorado and western Kansas. Assembled over the past ten years, this ranch includes 17,741 acres of high quality farmlands with excellent production history, topography, soils and water conditions. Located in the top grain growing region of this area, the crops grown are primarily corn and wheat. Bart Miller of Mason & Morse Ranch Company has the listing. 10. Dana Ranch: $45 million With only two distinguished owners in nearly 100 years and an unmatched record of profitability, the Dana is considered by many to be the finest operating and recreational ranch in the Rocky Mountain West. Supporting 3,000 animal units on 59,000± acres, it boasts over 13 miles of superb fisheries and an incredible diversity of wildlife resources from elk to waterfowl to upland birds. Listed by Dave Johnson with Hall and Hall. Click here to download a copy of the February 2012 newsletter.]]> 5832 0 0 0 https://landreport.com/2012/02/meet-frank-stronach/ Wed, 22 Feb 2012 00:00:18 +0000 https://www.landreport.com/?p=5875 Best known for his 3,800-acre Thoroughbred horse farm in Williston, the 79-year-old started building his cattle operation less than seven years ago. Today, it includes approximately 400 cows at the Williston farm plus another 1,100 on other local properties. His goal is 30,000 head of cattle, if not more. It takes some serious cash to buy the amount of land and cattle Stronach is after. But selling his interest in the international car parts company he created for reportedly $1 billion has certainly helped. Since 2010, he has used that money to purchase over 24,000 acres in the Fort McCoy area and another 36,000 acres in Levy County; some of the land will also be set aside for timber. The price tag for the land in both counties plus the beef processing operation is $80 million. In addition to his beef cattle operation, Stronach has more plans for Marion County. Near the intersection of U.S. 441 and State Road 326, Stronach is building a world-class, 420-acre golf course, along with 120 homes on one-acre lots clustered throughout the links. He also owns another 800 acres nearby that will also be used for residential development. According to the general manager of Adena Springs, Mark Roberts, who also oversees Stronach’s land purchases, “As much as he likes the horse business, he likes to build stuff. And his vision is like no one I've ever seen. Building and creating new things keeps him going.”]]> 5875 0 0 0 16419 0 0 https://landreport.com/2012/02/farmers-trump-speculators/ Wed, 29 Feb 2012 07:00:07 +0000 https://www.landreport.com/?p=5882

  Thanks to the housing bust, undeveloped land in the exurbs is going back under the plow.

  Farmland on the fringes of major metropolitan areas that was slated for development into single-family and multifamily residential properties in recent years is now being bought out of bankruptcy for pennies on the dollar. The proud new owners? In many instances, it turns out to be the savvy farmers who previously owned the land. Buoyed by the record rise in commodity prices and farmland values, agribusiness owners have moved into the driver’s seat. The Wall Street Journal labels this new trend “a historic shift,”one that runs counter to demographic trends that date back to the end of World War II. According to a report prepared by the Lincoln Institute of Land Policy in conjunction with the Wisconsin School of Business, residential land values in the U.S. have fallen nearly 70 percent since peaking in the second quarter of 2006. By contrast, during that same period the value of cropland in the contiguous US has risen close to 20 percent, according to the Department of Agriculture. The Journal cited several eye-openers in and around metropolitan Phoenix, a once-booming market that has become a poster child for the implosion of residential home values since the onset of the Great Recession. One hour south of the city in Eloy, the England family paid $731,000 to buy 430 acres of cotton fields in 2004. Five years later, they sold the entire parcel to a Milwaukee-based apartment builder for $8.6 million. The Englands just reacquired the same farm out of foreclosure for $1.75 million. Some 30 miles west of Phoenix, the Vanderwey family runs 4,800 cows at their Grand View Dairy. The Vanderweys recently acquired a 760-acre tract in Buckeye called Liberty Farm. Once used to grow alfalfa and cotton, Liberty Farm was sold to real estate speculators for $40.8 million in 2005. The family recently bought it out of foreclosure for $8 million. “These prices are becoming new normal,” Nick Vanderwey told the Journal.]]> 5882 0 0 0 https://landreport.com/2012/03/american-landowner-patrick-broe/ Tue, 06 Mar 2012 00:00:45 +0000 https://www.landreport.com/?p=5911 25th on the 2011 Land Report 100, is known for seizing opportunities and creating value, which describes his land investments in Colorado, Wyoming, and New Mexico, where his Great Western Ranch spans 292,000 acres. The Great Western is a compilation of the Hubbell and Green Ranches, located in Catron and Cibola counties. “When Pat bought this, it was one of those fixer-upper ranches,” says Broe Group Controller Mark Richter. “He’s tried to protect the old buildings and has converted the old cowboy bunkhouse into a hunting lodge. It’s characteristic of him to go in and find things that are troubled or mismanaged and transform them. That was certainly the case in the New Mexico Ranch.” Broe’s Notch Peak Ranch comprises about 25,000 acres in Wyoming and is home to one of the largest herds of bighorn sheep in the region. “It’s closer to Denver, so he uses it as kind of his getaway, his escape,” says Richter. Broe took on one of the largest restoration projects in the US by planting 540,000 new trees and removing more than 1 million trees destroyed by fire at Notch Peak. The effort exemplifies Broe’s devotion to maximizing natural resources. Broe also hosts brainstorming retreats at Notch Peak. “Pat loves to explore new ideas; he has a passion for it,” Richter says. “We’ve had visitors from as far away as Kuwait, bankers from New York, and a tugboat operator from California. Everyone puts on Western gear, and they brand, ride, shoot skeet, or just listen to a cowboy poet. It puts them in an environment where people just start sharing ideas.” Intent on improving his cattle, Broe has hired the ranch manager who helped develop the distinctive cattle on New Mexico’s Bell Ranch. Says Richter, “Pat is trying to tailor the breed to that part of the country, and has done what he could to restore the pastures, keeping them from being overgrazed, incorporating some farming, and making sure it’s run as a well-managed cattle ranch.” Elk populate the property as well, though only selective hunting is allowed. Richter notes, “We try to balance the overall ecology.”]]> 5911 0 0 0 https://landreport.com/2012/03/oregons-columbia-river-wetlands-restoration-project/ Thu, 08 Mar 2012 07:00:09 +0000 https://www.landreport.com/?p=5936 Over 70 years ago, a dike was built to turn Columbia River wetlands into farms. But the tide is about to change with a restoration project that will return the land to the kind of wetlands that help young salmon rest and grow. Purchased by the Bonneville Power Administration (BPA) and the Columbia Land Trust for $5.3 million, the 920-acre Columbia Stock Ranch is the biggest, single habitat acquisition in the Columbia estuary in 40 years. The BPA, in conjunction with the U.S. Army Corps of Engineers and Native American tribes have been combing the Columbia basin for habitat projects to mitigate dam operations that have led to the placement of 13 runs of salmon and steelhead on endangered or threatened lists. This year, the Columbia Land Trust, BPA and the Army Corps of Engineers will develop their plan for restoring the ranch and will include opportunities for public comment on the project. Work will begin in 2013 and is expected to take at least five years to complete. Evlon Childs, project manager for the Corps, says of the project: “The land was totally disconnected from the river. Now we are trying to reconnect it so nature can take care of itself.”]]> 5936 0 0 0 https://landreport.com/2012/03/land-report-top-ten-3l-cattle-company/ Wed, 14 Mar 2012 07:00:58 +0000 https://www.landreport.com/?p=5966 The Land Report Top Ten goes international to include Canada’s 36,000-acre 3L Cattle Company. Located in Saskatchewan’s famed black soil region, the 3L carries 2,500 brood cows, the 2011 calf crop, 2010 yearlings, replacement heifers, and 115 range bulls. It produces all its own winter forage and harvests about 1,700 acres of canola, oats, and barley with no irrigation. Typical fall-weaned calf weights run 600-650 pounds. Yearling steers average 850 pounds. “Here’s the magic,” say listing broker Patrick Bates. “This area gets about 17 inches of rainfall a year, but in May, June, and July, it gets about 2.5 inches per month. That’s exactly when it’s needed most. It’s not the longest growing season, but the rain hits dead center. They get 60 bushels of wheat per acre, year after year, and they don’t have to fallow it.” The 3L cow-calf operation is based on red and black Angus cows and Red Simmental and Hereford bulls. “This ranch is a very robust investment,” Bates adds. “It handles 2,500 brood cows with no problem. Cash and winter forage crops could easily expand to 7,000 acres.” Available for C$37.46 million, 3L Cattle Company is listed with Bates Sanders Swan Land Company.]]> 5966 0 0 0 https://landreport.com/2012/04/sold-oklahomas-waurika-farms/ Thu, 12 Apr 2012 07:00:38 +0000 https://www.landreport.com/?p=5983 well-known Drummond family of Oklahoma. This expertly designed and efficient 21st century stocker cattle operation can run between 8,000 and 10,000 head of stocker cattle annually. The acreage of this property is comprised of 1,000 acres of privately leased land of native grass, approximately 3,300 acres of wheat land, and about 2,700 acres in mostly Bermuda grass and native species. There are also over 60 ponds throughout the property in the wheat traps and grass traps, providing an excellent source of water for the livestock. Created to maximize beef production in the most efficient way possible, Waurika Farms includes 30 miles of new fence laid out to accommodate cattle movement with a minimal number of employees. The property also includes a modern headquarters with a good set of pens and scales, a 28,000-sq.-ft. shop building, a covered arena, an outdoor working arena, and the owner’s home. There are five other working pens and two other sets of scales on the farm. Auction Date: April 12, 2012 at 1:30 PM CST Information Dates: March 21, 2012 and March 29, 2012 from 1-4 PM CST Location: Waurika Farms Headquarters, Waurika, OK For more information or to request a showing, contact Scott Shuman at (800) 829-8747, John Wildin at (620) 662-0411, or visit www.HallHall.com.]]> 5983 0 0 0 16420 0 0 16421 0 0 https://landreport.com/2012/03/2012-2-news/ Thu, 15 Mar 2012 07:00:50 +0000 https://www.landreport.com/?p=6014 The Spring issue of The Land Report has arrived! Learn the stories of America's Best Brokerages in our second annual survey. More than 70 are profiled from coast to coast. Find out why George Clooney has such strong ties to the land in the Academy Award-winning movie The Descendants. P.S. Our award-winning quarterly magazine is available in a print version via subscription.]]> 6014 0 0 0 https://landreport.com/2012/03/the-land-report-spring-2012/ Thu, 15 Mar 2012 07:00:03 +0000 https://www.landreport.com/?p=6032 Learn the stories of America's Best Brokerages in our second annual survey. More than 70 are profiled from coast to coast. Find out why George Clooney has such strong ties to the land in the Academy Award-winning movie The Descendants. For more up to the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow The Magazine of the American Landowner on Facebook and Twitter. Better yet, Land Report is now on Pinterest. P.S. Our award-winning quarterly magazine is available in a print version via subscription.]]> 6032 0 0 0 https://landreport.com/2012/03/land-report-top-ten-march-2012/ Tue, 27 Mar 2012 07:00:50 +0000 https://www.landreport.com/?p=6058 From the Pacific to the Southwest, here are America’s priciest properties, led by $175 million Jackson Land and Cattle Ranch, which is listed by Hall and Hall. New to the list, and pictured above, is the Broken O Ranch in the Lone Star State of Texas. 1. Jackson Land and Cattle: $175 million These 1,750 acres are simply the most phenomenal property to come to the market in the Teton Valley in decades. Jackson Land and Cattle is one-of-a-kind in every respect: world-class improvements, including an equestrian center designed by Jonathan Foote, AIA; lack of any development restrictions; and don’t forget the stunning Teton views. Hall and Hall’s John Pierce has the listing. 2. Broken O Ranch (Montana): $132.5 million At 123,000 acres, this ranch has been in the making for the past 20 years. With its expansive cattle and farming operation, this ranch currently carries 3,500 mother cows plus 800 replacement heifers and 200 range bulls. The Broken O Ranch also contains Montana’s largest block of irrigated land, approximately 13,000 acres, and has historically averaged 25,000 tons of alfalfa hay and 700,000 bushels of small grain crops annually. Mike Swan of Bates Sanders Swan Land Company has the listing. 3. Walton Ranch: $100 million This 1,848-acre working cattle ranch was pieced together by the Walton family beginning in 1958. The family placed the ranch under conservation easement in 1983. Billy Long and Ron Morris of Ranch Marketing Associates have the listing. 4. Ranch Dos Pueblos: $84 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, it’s one of the largest remaining ranches along the breathtaking Gaviota Coast. Kerry Mormann & Associates has the listing. 5. Broken O Ranch (Texas): $81 million Located in Boerne, Texas, the historic Broken O Ranch is one of Texas’ finest ranches on the market today. Featuring breathtaking views that only the Texas Hill Country has to offer, this ranch is also home to an array of wildlife. Trip duPerier with duPerier Texas Land Man, LLC has the listing. 6. Big Creek Ranch: $59.9 million Only eight miles from Steamboat Springs, 5,034-acre Big Creek Ranch offers rainbow and brook trout fishing along five miles of Big Creek as well as a half-mile of the Elk River. National forest borders 85 percent of the property, offering easy access to an additional 150,000 acres of pristine wilderness, including world-class trout fishing and hunting for elk and mule deer. A mix of forest and meadows provides ideal wildlife habitat and summer pasturage. Listed by Ron Morris and Billy Long of Ranch Marketing Associates. 7. Hana Ranch: $55 million This 4,500-acre working ranch on eastern Maui surrounds the town of Hana. The property boasts two miles of Pacific oceanfront and rises over 2,200 feet up the slopes of Haleakala. Dan Omer of Island Sotheby’s International Realty has the listing. 8. Rockpile Ranch: $54.5 million For only the third time in over a century, this 55,374-acre cattle ranch in the Davis Mountains of Far West Texas is on the market. Since 1992, the Rockpile has been owned by McCoy Remme Ranches (No. 41 on the 2011 Land Report 100). James King of King Land and Water is the listing agent. 9. Aspen Valley Ranch: $52 million Billed as the largest ranch near Aspen in the Roaring Fork Valley, this ranch boasts senior water rights as well as over 800 acres and is located just 10 minutes from the Aspen airport. Joshua Saslove of Joshua & Co. has the listing. 10. Dana Ranch: $45 million With only two distinguished owners in nearly 100 years and an unmatched record of profitability, the Dana is considered by many to be the finest operating and recreational ranch in the Rocky Mountain West. Supporting 3,000 animal units on 59,000± acres, it boasts over 13 miles of superb fisheries and an incredible diversity of wildlife resources from elk to waterfowl to upland birds. Listed by Dave Johnson with Hall and Hall. Click here to download a copy of the March 2012 newsletter.]]> 6058 0 0 0 https://landreport.com/2012/03/land-report-top-10-big-creek-ranch/ Wed, 28 Mar 2012 07:00:53 +0000 https://www.landreport.com/?p=6065 Located near Steamboat Springs, Colorado, Big Creek Ranch is nearly surrounded by national forest land, offering easy access to an additional 150,000 acres. At 5,034 acres, the terrain from dense stands of mixed forest to open grass covered parks with multiple elevation changes for some of the most beautiful alpine scenery in the state. This ranch also offers exquisite fishing and hunting opportunities. The five miles of Big Creek and the half-mile of Elk River that run through the heart of the ranch provide challenging fishing for rainbow and brook trout. There are also sixteen ponds, which are stocked and provide for excellent fishing. For the avid sportsman, the ranch and surrounding forest/wilderness land is home to an array of wildlife, including elk, mule deer and bear plus with a variety of raptors and birds. This ranch also offers year-round recreational opportunities, including hiking and horseback riding in the summer months to snowmobiling, show shoeing and cross country skiing in the winter. According to broker Ron Morris, “This is one heck of a hunting and fishing resource. You can actually ride horseback from the ranch, through the public land, all the way past the Colorado-Wyoming border.” Big Creek Ranch is listed by Ranch Marketing Associates for $59.9 million. For more information, contact Ron Morris at (970) 535-0881 or at ron@rmabrokers.com.]]> 6065 0 0 0 https://landreport.com/2012/04/land-report-top-10-broken-o-ranch-texas/ Tue, 03 Apr 2012 07:00:31 +0000 https://www.landreport.com/?p=6119 Located in Boerne, Texas, the historic Broken O Ranch is one of Texas’s finest ranches on the market today as it blends 21st century conveniences with a tribute to the past. With 4,059 acres, this ranch offers breathtaking views, miles of well established roads, and the beauty that only the Texas Hill Country has to offer. Broken O is also home to an array of wildlife, including whitetail deer and elk that graze freely among the majestic oak trees and native grasses. Additionally, this ranch is covered with live springs and many year-round flowing creeks, all of which add to the beauty of the property. Broken O Ranch is listed with The duPerier Texas Land Man. For more information, contact Trip duPerier at (830) 796-3018.]]> 6119 0 0 0 https://landreport.com/2012/04/texas-supreme-court-sides-with-landowners/ Tue, 10 Apr 2012 07:00:16 +0000 https://www.landreport.com/?p=6127 Burrell Day and Joel McDaniel sued the Edwards Aquifer Authority after it issued a permit limiting the amount of water they could pump from their Bexar County ranch. The two ranchers claimed the permit amounted to an unconstitutional taking of property without compensation. The high court sided with the landowners, saying they own the water beneath their land and may seek compensation if government regulations limit their access to it. Expect an increase in lawsuits from landowners who are denied pumping rights or are issued permits limiting the amount of water they may draw from wells.]]> 6127 0 0 0 https://landreport.com/2012/04/land-report-takes-times-square/ Sun, 01 Apr 2012 07:00:19 +0000 https://www.landreport.com/?p=6144 The Magazine of the American Landowner has hit the Big Apple! The spring issue of The Land Report — which features America's Best Brokerages — debuted in Times Square. "An important part of our mission is to broaden the reach of this key asset class," says Publisher Eddie Lee Rider. Rider, who founded the magazine with Eric O'Keefe, notes that "more and more investors are looking at land and land-based assets as an essential element of a diversified portfolio. And that's the rationale behind determining America's Best Brokerages. These real-estate professionals are the best of the best." In addition to identifying America's Best Brokerages, the spring issue of The Land Report also takes an in-depth look at hedge fund manager Louis Moore Bacon, whose holdings include Colorado's Trinchera Ranch. There is also a breakdown of the most recent numbers from the Kansas City Fed documenting the continued rise of farmland prices. And, for fun, the issue also offers an intriguing look at the Academy Award-winning film The Descendants, which stars George Clooney as one of many heirs to a priceless Hawaiian ranch.]]> 6144 0 0 0 https://landreport.com/2012/03/against-all-odds/ Thu, 15 Mar 2012 07:00:25 +0000 https://www.landreport.com/?p=6232 To the untrained eye, the first signs of trouble at Camp Cooley Ranch materialized in April 2008. That was the spring the USDA’s National Veterinary Services Laboratories announced that one of the thousands of cows on the iconic Central Texas ranch had tested positive for a deadly disease. Bovine malignant catarrhal fever is no ordinary virus. It’s the sort of dreaded malady that experts only refer to by its abbreviation: BMCF. Why? Because bovine malignant catarrhal fever is as bad as it sounds. No known cure exists. Although BMCF causes no havoc to its host — in this case, a wildebeest in the ranch’s exotic game preserve — it can be lethal to ungulates such as cattle and bison. And herd losses can be devastating. The USDA’s subsequent quarantine order was a brutal blow to Klaus Birkel. Camp Cooley’s owner had pledged his ranch’s most valuable assets — its mineral rights, his prized genetics, and of course the land itself — as collateral for a number of other investments. In the aftermath of the quarantine, two lucrative cattle sales were postponed. Then the entire 3,000-head Camp Cooley herd was sold off. Defaults and vicious lawsuits followed. By November 2009, Birkel’s Camp Cooley Ltd. had been brought to its knees. Bankruptcy protection was not just Birkel’s best option. Given the dire circumstances, it turned out to be the only viable option. Unfortunately, Birkel’s timing couldn’t have been worse. Caught between the Great Recession and Europe’s sovereign debt crisis, the US economy was on life support. Foreclosure numbers had skyrocketed. Unemployment figures were soaring. Every statistic pointed to a worst-case scenario, including the market for Texas farms and ranches. By the time Camp Cooley Ltd. filed for Chapter 11, rural title companies were devoid of activity. For more than a year, overly optimistic sellers and squinty-eyed bottom feeders had been staring each other down. Neither group flinched. In 2009, the number of land deals in the Lone Star State plummeted to its lowest level in 15 years. “It has been very difficult the last few years to sell anything of any size,” says Charles Gilliland, a nationally known specialist in rural land at Texas A&M’s Real Estate Center. As proof of this point, Gilliland singles out the saga of New Mexico’s Bell Ranch, which Orvis Cushman & Wakefield brought to market in 2007 at a sky-high listing of $120 million. Two years later, the sellers not only lowered the price, but they tacked on an additional 40,100 acres to entice prospective purchasers. Another year passed before the ever-shrewd John Malone, CEO of Liberty Media and the nation’s largest landowner, snapped up the Bell for half the original ask. It goes without saying that Camp Cooley can boast neither the size nor the history of the storied Spanish land grant. But it does possess three attributes that have never been attributed to the Bell: location, location, and location. Named for a Civil War muster point, the 10,600-acre cattle operation was patiently pieced together from 40 separate tracts by a Houston businessman who had made his fortune in the liquor business. Bert Wheeler poured his profits from bourbon and beer into his ranch on the Navasota River just a short drive from his Houston home. Among major Texas ranches, Camp Cooley is a standout in this regard. It features unparalleled proximity to the state’s major metropolitan areas: 130 miles to Houston; 150 miles to Dallas; and 180 miles to San Antonio. At just a little over an hour and a half from Austin, is it any surprise to learn that at some of Bert and Mae Dean’s parties, the guest list ranged from royalty to the likes of Senator Lyndon Johnson and Governor John Connally? Klaus Birkel purchased Camp Cooley from the Wheelers in 1991. A native of Germany, Birkel had first visited the ranch the year before on a hunting trip. Impressed with the opportunity, he added his own flair to the ranch’s tradition of hospitality. It wasn’t uncommon for Birkel’s cattle sales to draw as many as 1,000 guests to the ranch. But to its new owner, Camp Cooley was not just a getaway. It was his life’s work. After taking title to the ranch, Birkel implemented a massive campaign to enhance and improve existing operations. In the years that followed he methodically invested nearly $20 million in a long list of essential capital improvements, upgrades that every landowner dreams of doing: developing water wells, burying miles of fiber optic cable, updating irrigation systems, adding pens, and upgrading the existing exotic game preserve. Birkel’s crews improved pastures, put in new fencing, and modernized existing houses, outbuildings, and other infrastructure. In a 2011 interview with the Bryan-College Station Eagle, the ranch’s former VP of marketing described the effects of Birkel’s investment. “All levels of education and skills were employed at the ranch, and there were easily more than 50 employees at one time,” Joe Fuller said. Thanks to Birkel, Camp Cooley now has 7,500 acres of improved pasture, 200-plus miles of fencing and traps, a large main house, a 17-room executive office facility, a sales pavilion, a mechanical shop complex, a computerized fueling system, and staff housing. It is home to one of the state’s first exotic game preserves, featuring a variety of African and Asian species including sika, fallow deer, impala, and eland. Birkel’s crowning achievement was a seed-stock operation that specialized in registered Angus, Brangus, and Charolais bulls. To maximize quality, he developed state-of-the-art genetics. In 1998, two calves were successfully cloned by scientists at Camp Cooley. At its peak, Camp Cooley Ranch penned and pastured 4,500 cow-calf pairs and 2,000 bulls. “I think our biggest achievement is we brought a lot of service and support to our customers to make them successful,” Birkel told the Bryan-College Station Eagle. “Not only genetic-wise, but consulting. How they should manage their ranch. How they should do their breeding program.” The end result was a cash cow. Despite its 2009 bankruptcy filing, Camp Cooley’s farming operation ginned almost $1 million in revenues in 2010. The ranch’s hay fields produced 79,533 square bales and 3,253 round bales. Another $2 million came from minerals, grazing leases, and hunting income. Despite these numbers, Birkel was at wits’ end. Neither he nor his creditors had been able to agree on a path forward. In late 2010, the embattled landowner took a cold call from a man whose in-laws owned a ranch not far from Birkel’s. The most memorable aspect of their conversation? The caller’s thick Australian accent. Over the last two decades, Bernard “Bernie” Uechtritz has made a name for himself at the highest levels of the real estate industry. Like “The Wolf,” Harvey Keitel’s character in Pulp Fiction, Uechtritz is a fixer, one whose expertise ranges from luxury and ranch real estate to conservation and land stewardship. He has even brokered financing deals for media properties such as RFD TV. Remember the Menendez brothers? Following their convictions for murdering their parents, prospects didn’t queue up to tour one of the family’s properties. On top of this stigma, the U.S. was in an economic downturn, thanks in large measure to the savings and loan scandal. Stephen Goldberg was the lead lawyer of the Menendezes’ estate. After several years, the L.A. attorney was running out of options. Not one broker had been able to sell the residence. Out of the blue, a rookie real estate agent cold-called him and said he wanted to market the Menendez home. “Bernie just came in and said, ‘I can do this.’ We’d already had some of the more established people try to sell it. Was Bernie qualified on paper to handle that sale? No. Did he do a great job? You bet. He wasn’t afraid to spend money,” Goldberg says. In what would become a signature first step, Uechtritz developed a marketing campaign that targeted affluent buyers from around the world. Within a month, he handed Goldberg a signed contract. “Bernie got offers on the table through unconventional means, pushed forward, persevered, and got it done,” Goldberg says. Uechtritz later joined forces with Martin Sheen, Rob Reiner, and other Hollywood heavyweights to save the Ahmanson Ranch from development. Starz CEO Chris Albrecht, who was chairman and CEO of HBO at the time, spearheaded the effort. “If that ranch had been developed, Bernie would have made a killing. He was one of Los Angeles’s top brokers, yet he came down on our side. I thought to myself, ‘I can count on this guy,’” Albrecht says. Uechtritz’s upbringing in Papua New Guinea was ideal preparation for his chosen career. Born in Australia, he grew up on a cattle station, the eighth of 11 children born to Papua New Guinea pioneers Alfred and Mary Lou Uechtritz. The remote setting had much to offer, both in terms of lore and lessons. During World War II, the family’s plantation was occupied by the Japanese. Famed anthropologist Margaret Mead did research locally and became a close friend of the family. “In Papua New Guinea, my father was a great peacekeeper among all peoples, black and white,” Uechtritz says. “Dad was called upon to negotiate everything from tribal land deals to cattle trades. I watched him intervene in fights between warring natives with axes raised and arrows flying.” After studies in Australia and New Zealand, he returned to Papua New Guinea to manage a cattle station and plantation for Sir Michael Bromley and Sir Dan Leahy. “Looking back at it, we were absolutely bloody crazy. I can’t believe Danny and I entrusted that entire operation to Bernie. He must have been just 17, but he was our key man. The Markham farm was the heart of our business. Each week, it’s how we stocked our trading stores with beef. We brought Bernie on board as an interim manager until we could find a more senior man. Only he never left! He was in charge of hundreds of workers and millions in equipment. He developed thousands of acres of coconuts, cocoa, and oil palm. And of course we had cattle and buffalo. That boy grew up fast,” Sir Michael says. Overseeing crews of plantation workers, Uechtritz acquired the negotiating skills he’d later need to broker contentious land deals. “Everything is fiercely negotiated in New Guinea, and I often found myself in the role of mediator,” he says. “The price of a bride, compensation for stolen pigs, trespassing, you name it. Negotiating is negotiating, and that’s some of the toughest I’ve done.” In 2004, Uechtritz and his Texas-born wife, Annie, relocated their four children from California to North Texas. He hung his shingle with the Farm & Ranch Division of the venerable Dallas firm Henry S. Miller. Two years later, he brokered the sale of 1,700-acre HTC Ranch near Tyler, Texas. It, too, had its share of hurdles. When his seller refused to allow the buyers access to the ranch for final inspections, Uechtritz responded by hiring a seven-seat helicopter and gave them a complete aerial inspection of every fence and building. Afterward, he directed the helicopter to touch down on the no. 1 green at Tyler’s Cascades Country Club where Uechtritz proceeded to treat his clients to a deluxe catered lunch. Not surprisingly, they closed the deal. The new owner has since developed the ranch as the Texas Rose Horse Park. Although every transaction presents its own challenges, Uechtritz finds himself drawn to properties he calls “white elephants.” Whether it be a contentious divorce or a complicated bankruptcy, he has developed a knack for peeling back “the layers of the onion.” At Camp Cooley, he would be tested as never before. By the time Uechtritz entered the fray, the negotiations were marked by acrimony and ill will. “We were looking at bad blood, a bad economy, and the worst drought on record,” Uechtritz says. Uechtritz’s first move was to entice the creditors with an aggressive sales strategy. Raymond Battaglia, lead bankruptcy attorney with San Antonio’s Strasburger Price Oppenheimer Blend, represented Klaus Birkel and Camp Cooley Ltd. “We had this strange stew of complications,” Battaglia says. “Camp Cooley was in bankruptcy, and of course everyone knew that it had to sell. The relationship between the debtor and the creditors was clearly adversarial. Bernie and I had to convince them that we had a common goal: to monetize the asset for the best price we could get. Bernie, with that Australian accent and gregariousness, is a great player in that respect. He has the ability to talk to people and bring them together.” Battaglia is not the first member of the legal profession to recognize this gift. “Bernie does have a good bit of persuasive personality,” Goldberg says. Initially, Uechtritz’s marketing plan worked like a charm. “The first thing you have to do is bring the wolves out of the woods. You’ve got to identify the folks who have always wanted to buy the ranch but were waiting to buy it from the bank. You have to figure out who’s working the back door and bring them through the front instead. The next step is to find out who’s sitting on the fence and then convince them to put their cards on the table,” he says. To that end, he studied blogs, talked to locals, and tracked down brokers who had tried, and failed, to market Camp Cooley. “You must go 180 degrees from what every broker has tried before, even if that means being controversial,” he says. “Bernie operated at the bank officer level, and I was worked at the lawyer level, and all the while we had to manage the client’s expectations,” Battaglia says. Potential buyers expressed interest and made offers, but when a junior lienholder leaked details of the settlement, the calls stopped coming in. More than 40 creditors had a stake in the deal with Amegy Bank and Lone Star Bank the largest. The creditors posted for foreclosure; the case went back to bankruptcy court. Uechtritz’s next challenge was to convince Judge Ronald King not to foreclose. He urged the Chief Bankruptcy Judge to allow the ranch to be offered at auction. “The most likely alternative would have been for the banks to foreclose,” Uechtritz says. “The vultures could have gone straight to the banks and paid 25 cents on the dollar. Sure, most of the big creditors would have recouped a bit of their money, but the smaller lienholders – the mom-and-pop feed stores and the small contractors down the list – they would have been out of luck.” Uechtritz also stressed the interests of landowners in Robertson County. “Think about it. If Judge King had allowed Camp Cooley to be foreclosed, it would have decimated property values. In Central Texas, Camp Cooley is the gold standard. Fire sale that ranch, and everybody loses. It’s as simple as that,” he says. Ronald King ruled that Camp Cooley would not be foreclosed. Instead, he set a sale date of August 4. The fact that this was just 45 days later was the least of Uechtritz’s worries. How do you go about interesting qualified buyers in a multimillion-dollar property that is tainted by quarantine, bankruptcy, and acrimony? Uechtritz began his prep work. First, he hired Hall & Hall Auctions to conduct the actual auction. Then he began reaching out to prospective buyers. “Bernie obviously knew ranches. He knew the iconic, unique characteristics of this property. He certainly had experience with properties that were comparable in appeal to the marketplace,” says Robert Albergotti, a partner at Haynes and Boone, which represented Amegy Bank. “Bernie was the one who did all the reaching out to potential buyers,” Albergotti adds. “He never overpromised or underdelivered, which is a good way to run your business.” By the fate-filled Thursday, Uechtritz had invited 22 pre-qualified buyers; that afternoon 17 made their way to the ranch. “The sale was extremely well attended,” Albergotti says. “There was a lot of interest, and there were a lot of bidders there.” Suddenly, everyone began looking at their cell phones. Bidders got up and stepped outside to take calls. Unemployment numbers had driven down the Dow more than 500 points. Even worse, oil and gas prices were falling sharply. But Uechtritz had made sure that those in attendance were not fair weather buyers. In addition, he knew Camp Cooley was no ordinary opportunity. He worked the room. Only once in the previous six decades had it changed hands. As soon as the bidding started, concerns about Wall Street tailed off. Bidding on the surface rights, the royalties, and the entire ranch was spirited. From start to finish, the 2011 Deal of the Year took less than an hour to close at $28.5 million as Circle X Land & Cattle Co. prevailed.]]> 6232 0 0 0 https://landreport.com/2012/04/land-report-april-2012-newsletter/ Sun, 15 Apr 2012 07:00:21 +0000 https://www.landreport.com/?p=6388 Our April newsletter features more reports from the Federal Reserve on rising ag land values. The Seventh District, which is based out of Chicago and is home to a wide swath of the Midwest, saw a 22%  increase in land values last year. This spike corroborates activity seen in other ag-related markets, such as Hall & Hall's successful auction of Oklahoma's Waurika Farms for $11 million on April 12. For more up to the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow The Magazine of the American Landowner on Twitter, Facebook, and Pinterest. P.S. Our award-winning quarterly magazine is available in a print version via subscription.]]> 6388 0 0 0 https://landreport.com/2012/04/rare-earth-minerals-bonanza/ Wed, 25 Apr 2012 07:00:43 +0000 https://www.landreport.com/?p=6282 In Far West Texas, just off Interstate 10, entrepreneurs have staked a 10,000-acre claim on state land administered by the Texas General Land Office. Their goal is to mine rhyolite, which contains rare earth minerals used in iPods, Stealth bombers, and dozens of other products. “This is a low-grade occurrence, but it has massive potential,” said Texas Rare Earth Resources CEO Marc Levier. “It appears that the entire mountain is uniformly mineralized, and if that’s true, this is huge.” The company took out a 20-year, renewable lease on 860 acres in 2010. Last May, the GLO permitted exploration and drilling on Round Top Mountain, site of the lode.]]> 6282 0 0 0 https://landreport.com/2012/04/for-sale-utahs-trees-ranch/ Tue, 24 Apr 2012 00:00:11 +0000 https://www.landreport.com/?p=6304 Sitting among brilliantly colored sandstone cliffs, towering monoliths and grand temples is the iconic 2,066-acre Trees Ranch. Adjoining Zion National Park in Springdale, this Utah ranch for sale has recently been reduced to $25 million. This unique ranch offers multiple uses, ranging from a private retreat with conservation values to a world class resort destination. “The surrounding Zion National Park and Canaan Mountain Wilderness virtually assures the pristine nature of the property forever. You cannot ask for better protection, privacy, ecological resources, or scenic beauty than what you will find at Trees Ranch,” said listing ranch broker, Ken Mirr of Mirr Ranch Group. A prime model of exemplary stewardship, this meticulously assembled ranch for sale with its scenic landscapes, valuable water rights, 60-acre lake, over six miles of river, irrigated fields and orchards, and historical sites, offers an once-in-a-lifetime opportunity to have your very own national park. Trees Ranch also features inimitable architecture reflecting the geology, history and vernacular of the area. To protect the wilderness aesthetics of the ranch, power, phone and irrigation lines are buried beneath the roads. According to Jason Corzine of The Trust for Public Land, "The Trees Ranch is one of the most unique ranch properties in the Southwestern United States. The ranch’s proximity to Zion National Park makes it the ultimate conservation and recreation property — a true one of a kind." The listing price for Trees Ranch has been reduced to $25 million. For more information, contact Ken Mirr at (877) 623-4545 or ken@mirrranchgroup.com]]> 6304 0 0 0 https://landreport.com/2012/05/high-tide-for-descendants/ Tue, 01 May 2012 00:00:05 +0000 https://www.landreport.com/?p=6363

  Great movies about landowners and their families have long been a staple of filmmakers. Gone With The Wind, Giant, and Shane immediately come to mind. Few in recent memory can equal the dream run The Descendants has enjoyed during the 2012 awards season. Honors have piled up, including Golden Globes for Best Drama and Best Actor (George Clooney). The Fox Searchlight film received five Oscar nominations – Best Picture, Best Actor, Best Director, and Best Film Editor – with Director Alexander Payne, Nat Faxon, and Jim Rash winning Best Adapted Screenplay.

  In addition to this deluge of critical acclaim, The Descendants has been a resounding success at the box office. At press time on March 1, The Descendants had pulled in more than $130 million at box offices worldwide, a figure bound to increase in the aftermath of the Oscars. Scripted and directed by Alexander Payne (Sideways), the production was budgeted for a mere $20 million. As the lead, Clooney goes against character; Shailene Woodley and Amara Miller measure up as his two daughters. An old pro, Beau Bridges, plays a wonderfully conniving cousin. And Nick Krause is a total scene-stealer as a tagalong family friend.

  The Descendants was adapted from Kaui Hart Hemmings’s acclaimed 2007 debut novel of the same name. At the center of Hemmings’s story is Matt King, Clooney’s character, a middle-aged father of two who is equal parts inept parent, shell-shocked husband, and reluctant Hawaiian land baron. King is neither hero nor anti-hero. He’s a flawed man who gets the wind knocked out of him by a series of surprises that are his own making as well as the legacy of his one-of-a-kind Hawaiian heritage.

  In creating this pivotal character, Hemmings highlighted a rarefied group of Hawaiians: those who can trace their heritage back six and seven generations to the marriages of native Hawaiian royalty with white missionaries and landowners who settled on the islands. [For more insight, see “John Palmer Parker” of Parker Ranch fame in Land Report Winter 2008.]

  In The Descendants, King’s great-great-grandmother, Princess Margaret Ke‘alohilani, is singled out as one of the last descendants of King Kamehameha (1758–1819). The princess not only gave her love to her haole banker, Edward King, but she also gave her lands. Centuries later, Matt King and his cousins are bound together by a priceless swath of Hawaii. The land itself is the focus of a critical subplot. As the sole trustee of his family’s holdings, Clooney’s character finds himself caught in merciless tug-of-war between a group of eager developers and his own greedy cousins.

  Such a protagonist has immediate appeal to a certain style of filmmaker, and that was definitely the case with Alexander Payne. “The novel appealed to me because it’s an emotional story unfolding in an exotic locale,” Payne says. “It’s a story that perhaps could be told anywhere, but what made the book for me was its completely unique setting among the landed upper classes in Hawaii. It’s very specific to this place, yet it is also universal.”

  Although the Hawaiian land baron has little in common with another dubious character of Payne’s creation – Paul Giamatti’s wonderfully neurotic Miles in Sideways – both are clearly uncomfortable in their own skin. Likewise, as in Sideways, which celebrated the wine-growing districts of Santa Barbara County, the setting held enormous appeal for Payne.

  
  

  “On a filmmaking level, it was very interesting to me because I’ve never seen a filmic Honolulu. We see New York, Chicago, L.A., Miami, and Seattle, but this is a region we never see in films. There’s a whole distinctive social fabric to life in Hawaii, and that intrigued me. I love films with a specific sense of place. I started making movies in Omaha, then I went to Santa Barbara, and now I have ended up in Hawaii,” Payne says.

  The Descendants was filmed on Oahu, Hawaii, and Kauai.

  ]]> 6363 0 0 0 Great movies about landowners and their families have long been a staple of filmmakers. Gone With The Wind<\/em>, Giant<\/em>, and Shane <\/em>immediately come to mind. Few in recent memory can equal the dream run The Descendants<\/em> has enjoyed during the 2012 awards season. Honors have piled up, including Golden Globes for Best Drama and Best Actor (George Clooney). The Fox Searchlight film received five Oscar nominations \u2013 Best Picture, Best Actor, Best Director, and Best Film Editor \u2013 with Director Alexander Payne, Nat Faxon, and Jim Rash winning Best Adapted Screenplay.<\/p>

  In addition to this deluge of critical acclaim, The Descendants<\/em> has been a resounding success at the box office. At press time on March 1, The Descendants<\/em> had pulled in more than $130 million at box offices worldwide, a figure bound to increase in the aftermath of the Oscars. Scripted and directed by Alexander Payne (Sideways<\/em>), the production was budgeted for a mere $20 million. As the lead, Clooney goes against character; Shailene Woodley and Amara Miller measure up as his two daughters. An old pro, Beau Bridges, plays a wonderfully conniving cousin. And Nick Krause is a total scene-stealer as a tagalong family friend.<\/p>

  The Descendants<\/em> was adapted from Kaui Hart Hemmings\u2019s acclaimed 2007 debut novel of the same name. At the center of Hemmings\u2019s story is Matt King, Clooney\u2019s character, a middle-aged father of two who is equal parts inept parent, shell-shocked husband, and reluctant Hawaiian land baron. King is neither hero nor anti-hero. He\u2019s a flawed man who gets the wind knocked out of him by a series of surprises that are his own making as well as the legacy of his one-of-a-kind Hawaiian heritage.<\/p>

  In creating this pivotal character, Hemmings highlighted a rarefied group of Hawaiians: those who can trace their heritage back six and seven generations to the marriages of native Hawaiian royalty with white missionaries and landowners who settled on the islands. [For more insight, see \u201cJohn Palmer Parker\u201d of Parker Ranch fame in Land Report<\/em> Winter 2008.]<\/p>

  In The Descendants<\/em>, King\u2019s great-great-grandmother, Princess Margaret Ke\u2018alohilani, is singled out as one of the last descendants of King Kamehameha (1758\u20131819). The princess not only gave her love to her haole<\/em> banker, Edward King, but she also gave her lands. Centuries later, Matt King and his cousins are bound together by a priceless swath of Hawaii. The land itself is the focus of a critical subplot. As the sole trustee of his family\u2019s holdings, Clooney\u2019s character finds himself caught in merciless tug-of-war between a group of eager developers and his own greedy cousins.<\/p>

  Such a protagonist has immediate appeal to a certain style of filmmaker, and that was definitely the case with Alexander Payne. \u201cThe novel appealed to me because it\u2019s an emotional story unfolding in an exotic locale,\u201d Payne says. \u201cIt\u2019s a story that perhaps could be told anywhere, but what made the book for me was its completely unique setting among the landed upper classes in Hawaii. It\u2019s very specific to this place, yet it is also universal.\u201d<\/p>

  Although the Hawaiian land baron has little in common with another dubious character of Payne\u2019s creation \u2013 Paul Giamatti\u2019s wonderfully neurotic Miles in Sideways<\/em> \u2013 both are clearly uncomfortable in their own skin. Likewise, as in Sideways<\/em>, which celebrated the wine-growing districts of Santa Barbara County, the setting held enormous appeal for Payne.<\/p>

  
  <\/p>

  \u201cOn a filmmaking level, it was very interesting to me because I\u2019ve never seen a filmic Honolulu. We see New York, Chicago, L.A., Miami, and Seattle, but this is a region we never see in films. There\u2019s a whole distinctive social fabric to life in Hawaii, and that intrigued me. I love films with a specific sense of place. I started making movies in Omaha, then I went to Santa Barbara, and now I have ended up in Hawaii,\u201d Payne says.<\/p>

  The Descendants<\/em> was filmed on Oahu, Hawaii, and Kauai. <\/p>","drop_cap":"yes","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"f684ded"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false},{"id":"290fe29","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"99cb1c8"}]},"elements":[{"id":"bb6f5a1","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"20ee7d9"}]},"elements":[],"isInner":false}],"isInner":false}]]]> https://landreport.com/2012/05/royalty-brawl-along-the-missouri/ Thu, 10 May 2012 07:00:56 +0000 https://www.landreport.com/?p=6422 Landowners are fighting the State of North Dakota over disputed mineral rights in the Bakken Shale. The state has leased mineral rights along and under the Missouri River. Landowners contend the state improperly defined the river’s boundaries and is infringing on their ownership interest. The confusion has caused oil companies to suspend royalty payments and, in one instance, file a lawsuit in federal court to determine who it should pay. Read more HERE.]]> 6422 0 0 0 https://landreport.com/2012/05/lands-best-friend-blue-grit/ Tue, 29 May 2012 07:00:22 +0000 https://www.landreport.com/?p=6534

  In the heart of cattle country, the Blue Lacy shines.

  In 2005, the State of Texas designated the Blue Lacy Texas’s official dog breed. This selection took place almost 150 years after Kentucky’s Lacy brothers — Frank, George, Ewing, and Harry — arrived in the Lone Star State and began developing working dogs that could bay the biggest, meanest hogs and the wildest cattle. The brothers also deemed treeing raccoons, squirrels, bobcats, and cougars as well as tracking wounded game essential. According to legend, the Lacy line began with greyhound-scent hound-coyote crosses. Each generation’s breeding stock was then chosen for natural herding and hunting ability. The result was a sleek, medium-sized cur that was beautifully adapted to stock herding and hunting in the Texas Hill Country. The Lacy’s tight, sleek coat requires minimal grooming. In addition to the gun-metal or slate gray color that earned the breed the name Blue Lacy, Lacys can be yellow, red, or tricolored. Hence, the more general name: Lacy Dog. Although they’ve long been favored by stockmen and hog hunters, Lacy Dogs are gaining a reputation as superb trackers of wounded deer. Good Lacy Dogs tree readily, and, like other curs, they’re typically silent or semi-open on the track, with a hard, chopping treeing bark. Do: - Join the Lacy Game Dog Association: www.lacydog.com. - Select pups from only working lines listed with the Lacy Dog Game Registry: www.bluelacydogs.org. - Make your Lacy Dog a member of the family. Don’t: - Resort to harsh discipline. Despite their grittiness toward stock and game, Lacy Dogs have surprisingly soft temperaments. Click here to download a copy of the Spring 2012 issue of The Land Report.]]> 6534 0 0 0 https://landreport.com/2012/05/land-report-may-2012-newsletter/ Tue, 15 May 2012 07:00:37 +0000 https://www.landreport.com/?p=6560 Many items to consider from our May newsletter, but let's stick to page one material. The Land Report Top Ten has a brand-new look with Montana's Broken O Ranch now crowning the list. The 124,000-acre Bates Sanders Swan listing features more than 20 miles of the Sun River, carries 3,500 mother cows, and produces about 25,000 tons of alfalfa hay and 700,000 bushels of small grain crops annually. At $132.5 million, it's not a ranch. It's a hedge fund, one built on a rock-solid agricultural asset. Two properties have joined the Top Ten: Hawaii's Dillingham Ranch, our new No. 5 at $65 million, which is listed by Zackary Wright with Christie's; and Swain's Neck on Nantucket Island, the new No. 7 at $59 million, courtesy of Gary Winn at Maury People Sotheby's International Realty. There has been a $5 million reduction on No. 4 California's Rancho Dos Pueblos, which Kerry Mormann & Associates now has listed for $79 million. For more up to the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow The Magazine of the American Landowner on Facebook and Twitter. The Land Report is now on Pinterest. P.S. Our award-winning quarterly magazine is available in a print version via subscription.]]> 6560 0 0 0 https://landreport.com/2012/05/land-report-top-ten-may-2012/ Thu, 31 May 2012 07:00:36 +0000 https://www.landreport.com/?p=6580 From the Pacific to the Northeast, here are America’s priciest properties, led by $132.5 million Broken O Ranch in Montana, which is listed with Bates Sanders Swan Land Company. New to the list is Dillingham Ranch in Hawaii and Swain’s Neck (above) on Nantucket Island. 1. Broken O Ranch (Montana): $132.5 million At 123,000 acres, this ranch has been in the making for the past 20 years. With its expansive cattle and farming operation, this ranch currently carries 3,500 mother cows plus 800 replacement heifers and 200 range bulls. The Broken O Ranch also contains Montana’s largest block of irrigated land, approximately 13,000 acres, and has historically averaged 25,000 tons of alfalfa hay and 700,000 bushels of small grain crops annually. Mike Swan of Bates Sanders Swan Land Company has the listing. 2. Walton Ranch: $100 million This 1,848-acre working cattle ranch was pieced together by the Walton family beginning in 1958. The family placed the ranch under conservation easement in 1983. Billy Long and Ron Morris of Ranch Marketing Associates have the listing. 3. Broken O Ranch (Texas): $81 million Located in Boerne, Texas, the historic Broken O Ranch is one of Texas’ finest ranches on the market today. Featuring breathtaking views that only the Texas Hill Country has to offer, this ranch is also home to an array of wildlife. Trip duPerier with duPerier Texas Land Man, LLC has the listing. 4. Ranch Dos Pueblos: $79 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, it’s one of the largest remaining ranches along the breathtaking Gaviota Coast. Kerry Mormann & Associates has the listing. 5. Dillingham Ranch: $65 million Located in Mokuleia, on the North Shore of Oahu, Hawaii, this historic 2,700 acre estate offers all of the charms and essence of Hawaii, from white sandy beaches to mountain terrain and acres of open green space scattered with coconut trees, monkey pods, and rare plant species indigenous to Hawaii. Zackary Wright with Christie's International Real Estate has the listing. 6. Big Creek Ranch: $59.9 million Only eight miles from Steamboat Springs, 5,034-acre Big Creek Ranch offers rainbow and brook trout fishing along five miles of Big Creek as well as a half-mile of the Elk River. National forest borders 85 percent of the property, offering easy access to an additional 150,000 acres of pristine wilderness, including world-class trout fishing and hunting for elk and mule deer. A mix of forest and meadows provides ideal wildlife habitat and summer pasturage. Listed by Ron Morris and Billy Long of Ranch Marketing Associates. 7. Swain’s Neck: $59 million Spread out on almost 70 acres, Swain’s Neck is an exclusive waterfront estate on Nantucket Island. Featuring spectacular, unobstructed 180-degree views of Polpis Harbor, this property includes a sprawling main residence which embraces the magnificent views, a charming guest cottage, a private studio/office, a boathouse, a gatehouse with apartment, several fenced-in pastures, a sport court and meticulously manicured grounds and gardens. Listed with Gary Winn with Maury People Sotheby's International Realty. 8. Hana Ranch: $55 million This 4,500-acre working ranch on eastern Maui surrounds the town of Hana. The property boasts two miles of Pacific oceanfront and rises over 2,200 feet up the slopes of Haleakala. Dan Omer of Island Sotheby’s International Realty has the listing. 9. Rockpile Ranch: $54.5 million For only the third time in over a century, this 55,374-acre cattle ranch in the Davis Mountains of Far West Texas is on the market. Since 1992, the Rockpile has been owned by McCoy Remme Ranches (No. 41 on the 2011 Land Report 100). James King of King Land and Water is the listing agent. 10. Aspen Valley Ranch: $52 million Billed as the largest ranch near Aspen in the Roaring Fork Valley, this ranch boasts senior water rights as well as over 800 acres and is located just 10 minutes from the Aspen airport. Joshua Saslove of Joshua & Co. has the listing. Click here to download a copy of the May 2012 newsletter.]]> 6580 0 0 0 https://landreport.com/2012/06/land-report-100-louis-moore-bacon/ Tue, 05 Jun 2012 07:00:11 +0000 https://www.landreport.com/?p=6585 Growing up in North Carolina, fishing and hunting were a natural part of Louis Bacon’s life. He realized the extent of his connection to the land while studying American literature at Vermont’s Middlebury College, a campus he chose for its proximity to some excellent ski runs. While classmates returned home for Thanksgiving, the future investor and land steward would spend time hunting and hiking in the nearby Green Mountains with a favorite professor, Horace Beck. Bacon inherited his conservationist’s conscience (and perhaps much of his resolve) from his grandfather Louis T. Moore, who was ahead of his time in promoting sustainable development. “He didn’t win every battle,” says Bacon, “but he stayed true to his cause for the right reasons.” When Bacon bought the 172,000-acre Trinchera Ranch from the Forbes family in 2007, the $175 million deal marked the highest price paid for a single-family home in U.S. history. The family permanently removed development rights on 81,400 acres at Trinchera in 2004 and sold to Bacon based on his promise to continue the ranch’s conservation and environmental legacy. Bacon was attracted to its undeveloped nature, so making resource preservation a priority was something he readily embraced. A number of second- and third-generation employees work on Trinchera and share the landowner’s love of the outdoors and passion for conservation. Trinchera is known for its pioneering wildlife and forest management practices, and its support of schools and the community in the San Luis Valley. Bacon’s naturalist instinct has kicked in on many occasions. In 1993, he bought Robins Island out of bankruptcy for $11 million. His plan had been to establish a family retreat and hunting preserve on Long Island; he ended up restoring habitat that had been deteriorating for 300 years. This commitment to stewardship led to the creation of a sanctuary for the endangered Eastern mud turtle on the island’s pond. Bacon has also fought to preserve the historic integrity of other properties, including Cow Neck Farm in the Hamptons and Orton Plantation in North Carolina. Bacon is a direct descendant of Roger Moore, who built the original Orton dwellings. Since acquiring the plantation in 2010, Bacon has worked to restore his ancestral home through the renovation of the plantation house, the return of the original rice fields to a working farm, and the reintroduction of native plant and animal communities to their original habitat. Bacon’s Moore Charitable Foundation supports many notable conservation groups, including The National Fish and Wildlife Foundation and the Land Trust Alliance, among others. But his paramount concern is preserving Southern Colorado’s Trinchera Ranch, a keystone property in the breathtaking Sangre de Cristo range. Bacon’s fight to convince Xcel Energy and Tri-State Generation and Transmission Association to consider alternatives to their plan to run large-scale transmission lines across Trinchera and adjacent pristine properties has prompted Xcel to back out of the project. But Tri-State, Colorado’s second-largest power provider, is still in the picture and has yet to determine an effective compromise. (We’ll stay tuned.) When asked about the perceived disparity between his conservation ethic and developing renewable energy sources in Colorado and the West, Bacon is direct in his response: “It’s a false dichotomy. We can still set the national example for how to intelligently meet energy needs with the overall environment in mind. This is only done when utilities and others refuse to cave to their old, unfair, profit-driven backroom way of doing business. It takes resolve and thoughtful planning, but in the end it can create something much grander and longer-lasting than a transmission line.”]]> 6585 0 0 0 Trinchera Ranch owner Louis Moore Bacon thrives on a deep-rooted conservation ethic and rarely shies away from a showdown.]]> https://landreport.com/2012/06/record-setting-conservation-easements-to-protect-67347-acres/ Tue, 12 Jun 2012 07:00:24 +0000 https://www.landreport.com/?p=6642 6642 0 0 0 https://landreport.com/2012/06/land-report-top-10-swains-neck/ Tue, 19 Jun 2012 07:00:38 +0000 https://www.landreport.com/?p=6667 6667 0 0 0 16424 http://storgaardogvilla.wordpress.com 0 0 https://landreport.com/2012/06/lucas-considers-low-income-housing-for-grady-ranch/ Tue, 26 Jun 2012 07:00:25 +0000 https://www.landreport.com/?p=6700 After waging a prolonged battle with his neighbors over construction of a film studio in Marin County, filmmaker George Lucas has withdrawn plans to build a 260,000- square-foot production facility. Lucas is now working with the Marin Community Foundation to explore other uses for the land, including affordable and senior living communities. Critics of the plans say that it is unlikely construction would be possible in what they consider an environmentally sensitive area, but the land already happens to be zoned for residential construction. Read more HERE.]]> 6700 0 0 0 16425 0 0 https://landreport.com/2012/06/land-report-june-2012-newsletter/ Fri, 01 Jun 2012 07:00:28 +0000 https://www.landreport.com/?p=6731 A lot to discuss in our June newsletter, in particular, the late-breaking news about the pending sale of the Hawaiian island of Lanai by David Murdock to Oracle CEO Larry Ellison. To give you an idea of the importance of this transaction, none other than Hawaii's Governor, Neil Abercrombie, broke the news to the general public. No word on the final sale price. According to published reports, however, Murdock had been asking between $500 and $600 million for the 141-square-mile island. For up to the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook and Twitter. The Land Report is also on Pinterest.]]> 6731 0 0 0 https://landreport.com/2012/06/online-exclusive-western-wildfires/ Tue, 26 Jun 2012 07:00:35 +0000 https://www.landreport.com/?p=6748 The Magazine of the American Landowner presents the first in a series by Field Reporter Joe Nick Patoski as he takes a closer look at the wildfires raging out West. The American West is on fire again, with wildfires breaking out across the Gila Wilderness in southwest New Mexico, around Ruidoso in southeastern New Mexico, and throughout Colorado. The Gila fire now ranks as the worst in New Mexico’s recorded history. Colorado's High Park fire (pictured above) west of Fort Collins has destroyed more homes in state history. And all that was before summer even officially started. Most western states have been experiencing drier-than-normal range conditions, and many regions are officially in drought. Conditions have been ripe for a major outbreak quite awhile. Maybe it’s an old writer’s faded memory, but it seems like massive wildfires used to happen every three or four years. Lately, it’s pretty much an annual occurrence, a seasonal rite, if you will. Last year, Texas burned. Four million acres were scorched and it took 16,000 emergency responders from all 50 states and Puerto Rico to tamp it down. Wildfires near Fort Davis in Far West Texas and around Bastrop in Central Texas were the two worst in state history. Other states will have their turn soon enough. What’s going on here? Is this normal or an aberration? Where do wildfires fit into the big picture, beyond the considerable destruction and property damage in their wake? Who’s paying to fight the fires and to mitigate property damage? The largest mountain pine-beetle epidemic in recorded history, which has ravaged western forests with 3.3 million acres of ponderosa, piñon, whitebark, lodgepole, and eight other pine species destroyed in Colorado alone, has created ideal conditions for fire. The pine beetle’s success is tied to rising temperature, suggesting climate change is another enabling factor for increased wildfire. Forest management practices are being scrutinized, as is the impact of humans. Before European pioneers arrived to establish permanent settlements, the natives let fires burn. Are we tilting against windmills trying to stop them? Most important, what can communities and individuals do to protect their land and to lower the risk? We can argue about what it all means until we’re gone, but the good news is there are answers to these questions. Accumulated data, good science, history, facts, truths, and verities all tell stories worth telling that inform and expand our knowledge about western wildfires. Over the next few weeks, while the western forests and rangeland burns, we’ll visit with some folks whose perspectives on fire, ecosystems, biology, prescribed burns, economics, erosion, range science, meteorology, and, of course, land ownership have the potential to inform and enlighten if we’re willing to read, listen, and ponder. That won’t stop the fires from breaking out, but it can certainly make our responses smarter.]]> 6748 0 0 0 https://landreport.com/2012/07/land-report-top-10-dillingham-ranch/ Sun, 01 Jul 2012 00:00:34 +0000 https://www.landreport.com/?p=6786 Christie’s International Real Estate for $65 million. The 2,740-acre property represents a rare opportunity for private ownership of a ranch steeped in Hawaiian history. Located in Mokuleia on the North Shore of Oahu, Dillingham Ranch includes approximately 19 acres of oceanfront land and ascends to the ridge line adjacent to the Mokeleia Forest Reserve and the Waianae Mountains, offering views of Kaena Point and the world-famous surfing beaches of the North Shore. In addition to offering all of the charms and essence of Hawaii, the ranch includes famous polo grounds, a premier equestrian center, and the largest coconut tree grove in state. ]]> 6786 0 0 0 https://landreport.com/2012/07/arizona-governor-vetoes-takeover-bill/ Tue, 03 Jul 2012 12:00:02 +0000 https://www.landreport.com/?p=6796 here. Click here to download a copy of our May 2012 newsletter.]]> 6796 0 0 0 https://landreport.com/2012/07/david-murdock-to-sell-lanai/ Tue, 10 Jul 2012 00:00:56 +0000 https://www.landreport.com/?p=6821 The Maui News, the asking price for Murdock’s Lanai holdings was in the $500 to $600 million range. Forbes ranks Ellison as the third-richest American with a net worth of $36 billion. The sale of Lanai also includes two luxury hotels on the island that Murdock owns — the Four Seasons resorts at Manele Bay and the Lodge at Koele — as well as the resorts’ two golf courses. The transaction was revealed by Hawaii’s governor, Neil Abercrombie, following a transfer application that was filed with the state’s Public Utilities Commission. The sale is scheduled to close later this week. Lanai has long been the domain of financial titans. In 1922, James Dole, the president of Hawaiian Pineapple Company (which was subsequently renamed Dole Food Company) bought the entire island and developed it into the world’s largest pineapple plantation. Thus, Lanai was christened the Pineapple Island. Since 1985, the reclusive Murdock has owned 98 percent of the 141-square-mile island, which is the smallest of the Aloha State’s seven inhabited islands. Murdock’s land holdings number an estimated 238,138 acres, including Lanai. He owns considerable acreage on Oahu, thanks to his ownership of Dole Food Company. Ellison’s land holdings are particularly valuable, especially the tracts of land he owns in the Lake Tahoe area.]]> 6821 0 0 0 https://landreport.com/2012/07/usda-announces-32-million-grant-to-fund-restoration/ Mon, 16 Jul 2012 07:00:18 +0000 https://www.landreport.com/?p=6874 Agriculture Secretary Tom Vilsack announced a $32 million grant to improve water quality and restore wetlands along the Mississippi River. The program, which targets five projects in seven states from Iowa to Louisiana, will be managed by the Natural Resource Conservation Service (NRCS). The bulk of the funds will go to the Mississippi River Trust, which works with private landowners on conservation projects and easements that target the restoration of hardwood bottomland. Read more HERE.]]> 6874 0 0 0 https://landreport.com/2012/06/the-land-report-summer-2012/ Fri, 15 Jun 2012 07:00:10 +0000 https://www.landreport.com/?p=6899 Did you know that the Supreme Court just issued a landmark ruling? I'm not talking about health care. I'm talking about land. That's right, the high court came down 9-0 for landowners in a suit that was brought against the EPA by Idaho's Sackett family. We've been following Sackett v. EPA for over a year. It's one of the many eye-opening stories you'll enjoy in the Summer 2012 issue of The Land Report, now on newsstands from coast to coast. Our summer issue also features the story of an innovative gift to the University of Wyoming, one that kicks in when Wyoming's River Bend Ranch sells. It's a great example of stewardship, one that Greg Fay brought to us and that we are proud to share. Learn five great ways to add value and beauty to your land by improving your waters. And be sure to have a look at our third annual roundup of the nation's leading auction houses. No surprise here ... farmland prices continue to best record highs. For more up to the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow The Magazine of the American Landowner on Facebook, Twitter, and Pinterest.]]> 6899 0 0 0 https://landreport.com/2012/07/land-report-july-2012-newsletter/ Sun, 15 Jul 2012 07:00:55 +0000 https://www.landreport.com/?p=7119 WATER. Thanks to the ongoing drought and a spate of wildfires, it's a top priority for landowners from coast to coast this summer. Be sure to check out ways to improve your waters courtesy of the Summer issue of The Magazine of the American Landowner. Mike Sprague at Trout Headwaters shares a variety of different ways to use water to add beauty - and value - to your property, and many of the improvements he suggests are low cost or no cost. Read more HERE. For up to the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, and Pinterest.]]> 7119 0 0 0 https://landreport.com/2012/07/this-land-is-your-land/ Sun, 01 Jul 2012 07:00:50 +0000 https://www.landreport.com/?p=7631

  With the Homestead Act, the Great Emancipator not only bettered lives, he bettered his country.

  One hundred and fifty years have passed since Abraham Lincoln signed the Homestead Act into law. Heard of it? I’ll give you the nickel tour. As legislation goes, the Act was as straightforward as our 16th President: put a home on 160 acres of public land, farm it for five years, and Uncle Sam gave you the deed. How’s that for simple? Weary soldiers who survived the Civil War and freed slaves who found few opportunities accepted Honest Abe’s challenge. So did single women, who proved up an estimated 10 percent of the homesteads, a legacy that predated the Nineteenth Amendment by half a century. One hundred and fifty years ago, the editor of the New York Tribune, Horace Greeley, described the Act as “one of the most beneficent and vital reforms ever attempted ….” Fifty years ago, President Kennedy labeled it “probably the single greatest stimulus to national development ever enacted.” Thanks to the Homestead Act, land was made available to those with no patronage or political connections. Gumption? That was a must. Thick skin? Mandatory. A dream of a better life? That’s what lured four million homesteaders to stake their claim to the best part of the American Dream. I like to think that to this very day that same yearning inspires millions of us to dream of distant hills and far-off valleys.     Eric O’Keefe, Editor]]> 7631 0 0 0 https://landreport.com/2012/09/kokernot-heirs/ Sat, 15 Sep 2012 07:00:06 +0000 https://www.landreport.com/?p=4706

  No. 30 H.L. Kokernot Heirs

  278,000 acres The Kokernots’ ties to Texas date back to the Revolution. According to the Texas State Historical Society, the family’s o6 brand was first registered in Calhoun County in 1837. Today, the heirs of H.L. Kokernot, Jr. tend to his beloved Davis Mountains ranchlands much as he would. Photo Credit: Ken Pruett Photography   ]]> 4706 0 0 0 https://landreport.com/2012/09/mike-smith/ Sat, 15 Sep 2012 07:00:10 +0000 https://www.landreport.com/?p=4725

   No. 36 Mike Smith

  248,500 acres Slowly but steadily, Mike Smith of Amarillo has added to his landholdings over the years with the majority of his acquisitions throughout Texas. A large percentage of Smith’s holdings are concentrated in the Panhandle region. They include farmland and grassland that is used for commercial cattle and recreational pursuits.]]> 4725 0 0 0 https://landreport.com/2012/09/hayne-kelleher/ Sat, 15 Sep 2012 07:00:15 +0000 https://www.landreport.com/?p=4742

  No. 43 Roxana Hayne & Joan Kelleher

  213,370 acres In the late 19th century, Vermont native Alfred S. Gage founded what would become known as the A. S. Gage Ranches in Texas. Operations once covered half a million acres. Today, Gage’s granddaughters Roxana (Catto) Hayne and Joan (Negley) Kelleher own the largest remaining portion of this historic ranch. Photo Credit: Ansen Seale   ]]> 4742 0 0 0 https://landreport.com/2012/09/bidegain/ Sat, 15 Sep 2012 07:00:32 +0000 https://www.landreport.com/?p=4763

  No. 53 Bidegain Family

  180,000 acres

  The T4 Cattle Company in Montoya, New Mexico, has been in the family since 1902, when it was much smaller and originally known as the Kohn Ranch. Phil Bidegain, the founder’s great-grandson, manages the sizable ranch, which includes a cow-calf operation, Quarter Horse program, and farming division.

  Photo Credit: 4Corners Ranch ]]> 4763 0 0 0 https://landreport.com/2012/08/online-exclusive-western-wildfires-past-present-future/ Wed, 01 Aug 2012 07:00:40 +0000 https://www.landreport.com/?p=6806 This is the second in a series of posts by Field Reporter Joe Nick Patoski that studies the causes behind the wildfires currently raging out West. With the Waldo Canyon and the House Park fires raging for weeks, the month of June goes down as the most destructive for wildfires since Colorado became a state. It wasn’t always this way. Early accounts of wildfires in the American West by European settlers were spotty, at best, mainly because the West is so big and there were so few settlers, at least at first. When forests burned, there was very little anyone could to do in response to protect property but let the fire burn, which is precisely what Native American tribes did when a big burn ignited. Fire-fighting techniques have improved considerably over time, especially in the past 25 years. But even with the development of fire-retardants, employment of aircraft, smarter strategies, and constantly better technology, wildfires persist. If anything, man appears to be losing ground to nature on flame front. Fire is part of a forest’s life cycle, taking down dead and sickly timber, clearing out brush and understory, and scarifying seedlings that require intense heat in order to germinate. It works the same way on prairie grasslands and the plains. Without fire, the vegetation wouldn’t thrive. Even severe fires caused by heavy fuel loads are normal cyclical occurrences; the big differences are how the cycles have become more frequent, and how more than a century of fire suppression as sound land management, a philosophy spurred largely by the establishment of cattle and other livestock operations, has created an unprecedented heavy fuel load. It’s important to note that different types forests burn differently, depending on the dominant forest tree and elevation.  A century can pass between severe wildfires in high elevation forests dominated by lodgepole pine, aspen, spruce, and Douglas fir. Lower elevation forests with piñon pine, and junipers tend to be drier which leads to more frequent fire events — every decade or two. This keeps forests open and less dense. The West used to be emptier too. Construction of homes in and around forests has skyrocketed since the 1970s, creating a precarious wildlands-urban interface (WUI) as Colorado State researchers David M. Theobald and William Romme label it. As civilization encroaches, management of forests becomes considerably more difficult. And what provides bucolic scenery most of the time to those arboreal interlopers also provides all the necessary tinder to leave nothing but ashes if flames reach a domicile. Nationwide, the WUI encompasses an area about 14% larger than the state of California, with an estimated 89% of that wildlands-urban interface privately-owned. That means it is private landowners who will most likely shoulder the burden of wildfire management and prevention strategies such as managed thinning of forest and prescribed burns.  Federal and state government planning is limited to federally- and state-owned lands. Still, sound management practices can only do so much.  Increased human population, construction in the wildlife-urban interface, a build-up of tinder in the understory due to more than a century of fire suppression are mere enablers compared to a warming climate. Increased temperatures leading to earlier spring thaws and less snow melt appears to be the biggest driver behind the increase of severe wildfires. The West was considerably wetter when wildfires in the American West first began to be studied. The climate has turned drier over the past century and a half. Add to that a perfect storm of more immediate weather conditions: the interior West is in extreme drought and in late June, a record-breaking heat wave settled over the southern and central Rocky Mountains accompanied by dry humidity and winds. Katharine Hayhoe is an atmospheric scientist at Texas Tech University. She is also the co-author of a study that appeared in the journal Ecosphere concluding the risk of wildfires in the American west will increase as a result of climate change. “Climate change is shifting rainfall patterns around the world,” Hayhoe told the Living on Earth radio program. “We’re also seeing that climate change is increasing our average temperatures, which raises the risk of having those hot, dry conditions that we need for a wildfire to spread.” Colorado is fortunate to have numerous experts at Colorado State University who are studying the past, present, and future of western wildfires. “A great understanding has developed about historical fire stories in Colorado,” says Dan Binkley, Professor of Forest Ecology at Colorado State. “The first thing to emphasize is we have a grand variety of forests across the West, and the fire stories that go with the landscapes are very different for different types of forests.” Depending on one’s location, property owners have tools to prepare and protect themselves and their property, says Binkley. “For homeowners, the most effective options are to learn about ‘firewise’ treatments to reduce the flammability of the local area around a house; join with a community to develop a Community Wildlife Protection Plan; and work with the community and adjacent land managers, such as public land people, to reduce the most severe risks at landscape scales. “ Binkley recommends tapping into the Colorado State Forest Service for information on all the above options.  The statewide forestry staff visits and works with Colorado landowners. All well, and good, but reality has yet to catch up to the knowledge. Since 2002, the contracted fleet of airborne fire-fighting tankers that the US Forest Service depends on has declined from 44 to nine while there have been six deadly crashes, all of them involving aircraft more than 50 years old. Similarly, the US Fire Protection Program Analysis system, which was launched in 2002 in response to a history of all-out fire suppression, has yet to be implemented, although the computerized program that would coordinate fire-fighting agencies and responders to assess and reduce risk and control costs, was supposed to be online in 2007. The failure to efficiently coordinate agencies and responders mattered not a whit to Dr. Bonnie Warnock, chair of Natural Resource Management at Sul Ross State University in Alpine, who got a call at the school last year that her ranch was burning. “My heart said no but my head said it was OK,” she said. Dr. Warnock rushed to her place. “It was very stressful. The whole back pasture was burned, the boundary fence was on the ground. What do I do? I had not planned at all. How do I deal with this financially and emotionally? We have to sell one-third of our cows. We don’t have enough feed. That’s a capital investment for us that we are having to sell off and we’ll have to buy more back,” Warnock said. She knew too well the fire was part of the process. “Historically, our landscape did evolve with fire. If you’re looking at it from a plant perspective, this is not a catastrophe. This is a natural occurrence for the semiarid ecosystem we live in. Typically, we have two or three wet years followed by a dry year during which lightning strikes cause wildfires. This process has maintained the grasslands and kept brush from encroaching.” That is, until the pioneers arrived and established permanent communities. “When early European settlement of this region began in the late 1800s, there was a lack of understanding of this process and land was overstocked and overgrazed,” Dr. Warnock said. “Drought was something the settlers weren’t experienced with. The overstocking and overgrazing removed the grass and fires disappeared from the Trans-Pecos.” Range science changed that practice. “Since the science of range management developed in the 1950s, our ranchers have done a good job,” Dr. Warnock pointed out, while adding the caveat that even sound practices can do only so much. “Through this most recent wet period, they haven’t been overgrazing and overstocking, which has benefitted the ecosystem. But over the past three years, we’ve grown a huge amount of fuel in the Trans-Pecos, so the first fire in 100-150 years since the region had been settled was extremely large. It was so big we weren’t prepared to deal with it. This is unprecedented.” As critical as the drought and wildfires have been, the next few months afterwards were even more critical. “If we get rain in the next month or so, the country will come back and look better.  If it doesn’t rain we will lose perennial grasses and see an increase of desertification,” Warnock said. This awareness has led to the formation of a non-profit association in Far West Texas that uses prescribed fire as a management tool to reduce fuel loads. “Going forward, this is something we need if we are going to have green grass,” Dr. Warnock says, acknowledging a perception issue with prescribed burning from city and town dwellers and the new breed residing in the wildland-urban interface.” “These people are at the highest risk if a prescribed burn gets away and at the greatest risk from wildfire. Most of these people come from cities and are not supportive of prescribed fire. That makes it difficult to employ this tool,” Dr. Warnock says. “There is a lot of support for prescribed fires by ranchers. We need to educate small landowners living on the edge of towns.” “We need to work on finding mechanisms to reduce accidents. How do you keep people from welding or throwing out a cigarette when there’s 45 mile per hour winds and 2 percent humidity? “ Like the rest of us, even though she knows what she knows, Dr. Warnock has no interest in seeing it all happen again. Read part one of this series here. Photo Credit: Don Savage Photography]]> 6806 0 0 0 https://landreport.com/2012/07/hedge-fund-manager-buys-hala-ranch/ Tue, 17 Jul 2012 07:00:10 +0000 https://www.landreport.com/?p=6867 HERE.]]> 6867 0 0 0 https://landreport.com/2012/07/subsurface-values-soar-in-rural-ohio/ Tue, 24 Jul 2012 07:00:24 +0000 https://www.landreport.com/?p=6949 As the shale-gas boom engulfs Ohio, landowners are negotiating much higher oil and gas leases. Pennsylvania-based Eclipse Resources recently paid an astounding $16 million — $4,000 per acre plus 19 percent royalties — to some 70 landowners in the Upper Ohio River Valley. Additionally, landowners have been able to take the uncommon step of securing water and land protection safeguards from companies eager to drill. Read more HERE.]]> 6949 0 0 0 https://landreport.com/2012/07/lone-star-state-holds-steady/ Mon, 23 Jul 2012 07:00:38 +0000 https://www.landreport.com/?p=6960 The Texas Real Estate Center reports that the sales price per acre in Texas increased 3 percent in 2011 to $2,150. Total acreage transferred stayed roughly the same at just over 1 million acres. At 4,520, the total number of transactions was down 5 percent from 2010. Strong commodities prices fueled a higher demand for cropland, especially irrigated cropland, and parcels in the oilfields of West Texas. In the South Plains and Panhandle, prices jumped some 20 percent. Values in the northeast and southern parts of the state were much weaker.]]> 6960 0 0 0 https://landreport.com/2012/07/on-the-block-wyomings-y-cross-ranch/ Fri, 20 Jul 2012 07:00:54 +0000 https://www.landreport.com/?p=6966 Ron Morris of Ranch Marketing Associates reports that the Y Cross Ranch has come on the market for the first time since it was assembled by Courtenay Davis in 1941. Located northwest of Cheyenne, the 60,000+ acre swath of Wyoming cattle country will be sold via sealed bid. The ranch totals 60,782 acres and consists of 50,333 deeded acres, a 3,949-acre State of Wyoming lease, and a 6,500-acre Forest Service lease acres for a total of 60,782 acres. The Y Cross Ranch has traditionally operated as a cow-calf ranch and averages 650 to 850 pairs along with 650 to 800 yearling cattle. The ranch's water rights, some of which date back to the days of the Wyoming Territory, support the production of more than 1,000 tons of grass hay. In addition to its cattle operation, the ranch supports a significant big game population, including elk, mule deer, antelope, black bear, and the occasional moose or mountain lion. Yearly hunting revenues range from $40,000 to $60,000. In 1997, the ranch was donated by the Courtenay Davis Foundation to the Colorado State University Research Foundation and the University of Wyoming Foundation as joint beneficiaries. Since then, the Y Cross has served as a working laboratory for observation and study of plant and animal systems in a natural environment along with scholarship and/or internship support for Colorado State University and University of Wyoming students majoring in agriculture and natural resources. The Y Cross Ranch is being offered for sale in its entirety and includes all real estate, improvements and water rights, through a sealed bid process. Broker cooperation is invited.]]> 6966 0 0 0 https://landreport.com/2012/08/landowners-skunk-epa-9-0/ Thu, 02 Aug 2012 07:00:00 +0000 https://www.landreport.com/?p=6994

  Supreme Court votes unanimously to protect Idaho family’s property rights.

  When Michael and Chantell Sackett bought a half-acre lot near Priest Lake, Idaho, they planned to build a home. The Sacketts applied for and received the requisite building permit and began construction. Then they heard from the Environmental Protection Agency (EPA). The agency demanded the Sacketts call off construction. Why? Because their half-acre parcel was a “wetland.” To make matters worse, the EPA issued an administrative compliance order that offered two options. If the Sacketts complied with the order, they would have to restore their land to the condition it was in before construction began and then apply for a wetlands development permit from the Army Corps of Engineers. The cost to comply? Tens or possibly hundreds of thousands of dollars. Or the Sacketts could ignore the order, face criminal charges, and be subject to fines of up to $75,000 a day. From the Sacketts’ point of view, the problem was more fundamental their limited number of choices: they had no reason to think their property was a wetland. Rather, they had every reason to believe the EPA was attempting to control their property in violation of the Clean Water Act, which gives the agency jurisdiction only over properties that have a connection to “waters of the United States.” So they took the EPA to court. On March 21, the Supreme Court unanimously ruled for the Sacketts in their David versus Goliath struggle to defend their property rights. In doing so, the justices reversed two lower courts that had abdicated any judicial review over the EPA’s attempt to control development on the Sacketts’ modest parcel. Furthermore, Sackett v. Environmental Protection Agency put in place an important precedent for anyone who cares about property rights and curtailing runaway bureaucracies. First, the backstory. The Sacketts’ lot is separated from Priest Lake by a road and is surrounded by other lots, some with existing homes. An engineer they hired to assess the property assured them that it was not a wetland. With that in mind, the Sacketts believed that the EPA had no authority at all to issue the draconian order, so they requested a hearing to challenge the EPA’s jurisdiction. The agency denied them the opportunity. The government’s position was that only after the Sacketts complied with the order, or were sued by the agency for violating it, could the property owners challenge the agency’s jurisdiction – a position Supreme Court Justice Samuel Alito ultimately described as putting “the property rights of ordinary Americans entirely at the mercy of EPA employees.” Had the Sacketts abandoned their plans — or suffered the cost of a wetlands permit — that might have been the end of the matter. However, their cause was taken up by the Pacific Legal Foundation (PLF), a public interest law firm that specializes in the defense of property rights. With PLF’s help, the Sacketts challenged the EPA’s jurisdiction in federal court. They claimed that the Administrative Procedures Act (APA) required judicial review of the EPA’s compliance order and, if it did not, then the order violated the Constitution’s Fifth Amendment guarantee of due process. To the Sacketts’ shock, the District Court dismissed the case. The U.S. Court of Appeals upheld the dismissal. After almost six years, the Sacketts were vindicated this spring when the Supreme Court unanimously reversed both lower court decisions. In reviewing the struggle, Justice Alito commented during the Supreme Court oral argument that “most ordinary homeowners would say this kind of thing can’t happen in the United States.” The Supreme Court made clear in Sackett what should have been obvious all along: when the government sends you an order that deprives you of a property right and requires you to act at substantial expense on pain of suffering a lawsuit, potential fines, and/or criminal charges, it is interfering with your rights and you are entitled to have that order reviewed by a court. The decision in Sackett assures property owners the right to have EPA administrative compliance orders reviewed by federal courts. It also admonished the agency for its overreaching attempts to expand its jurisdiction without regard to the rights of property owners – and pointedly suggested that Congress review the Clean Water Act to clarify the agency’s limits. “There is no reason to think that the Clean Water Act was uniquely designed to enable the strong-arming of regulated parties into ‘voluntary compliance’ without the opportunity for judicial review – even judicial review of the question of whether the regulated party is within the EPA’s jurisdiction,” wrote the Court. Unfortunately, the Sacketts’ story is not uncommon. Today, government exerts enormous control over private property, limiting or prohibiting productive and even ordinary use of small parcels and large estates. The EPA and other agencies have a history of using poorly written statutes and the possibility of astronomical fines to expand their jurisdiction and bully property owners into doing what they want with no meaningful opportunity for judicial review. As Justice Alito concluded in a concurring opinion, “[i]n a nation that values due process, not to mention private property, such treatment is unthinkable.” The Sacketts were only rescued from their nightmare when the Supreme Court overturned the judicial abdication of the lower courts for real judicial engagement: a careful review of the facts and the law rather than a rubber-stamping of EPA actions. The resulting decision gives property owners at least a chance to contest the EPA’s jurisdiction when it issues ruinous orders without a basis in law. The ruling is certainly welcome, but nonetheless limited. The Court grounded that right not in the Constitution but in the APA – a statute that Congress can modify at any time. It is left to a future case to decide whether property owners will have a full Constitutional right to due process where their property rights are not fully protected by the APA. Larry Salzman is an attorney with the Institute for Justice, a libertarian public interest law firm. The Institute filed a friend-of-the-court brief in the Sackett case in support of the Sacketts. Download the digital version of The Land Report’s Summer 2012 edition here.]]> 6994 0 0 0 https://landreport.com/2012/07/landowner-profile-new-jerseys-william-s-haines-jr/ Mon, 30 Jul 2012 00:00:24 +0000 https://www.landreport.com/?p=7111 Every morning at 6:45, William Haines Jr. makes his daily rounds at Hog Wallow. Why? To check in on the 1,300 acres of sprawling cranberry bogs and reservoirs, which are expected to produce 300,000 100-pound barrels of cranberries this year. Haines, 59, is a fourth-generation farmer who grew up on what is now a 14,000-acre farm that his great-grandfather started in 1890. As owner and CEO of Pine Island Cranberry Company, Haines oversees the largest cranberry operation in New Jersey and one of the top five in the country. Much of Haines’ success comes from heeding the lessons of his elders, including those pertaining to the importance of water in any farming operation. When asked why cranberries thrive here, Haines’ answer is simple: “abundant, clean water and acidic soil.” Recalls Haines of advice from his father, “Before you make any decision, ask, ‘Where does the water come from and where do you want it to go?’” Named New Jersey’s outstanding forest steward by the state Department of Environmental Protection for the management of his woodlands on the Wading and Oswego Rivers, Haines recognizes the interdependent relationship between the farm and the forest — one whose long-term health depends on regular thinning and controlled burns. Admired by fellow cranberry farmers for his work ethic, Stephen Lee, president of Lee Brothers Inc., commented that Haines is “very intense, hands-on and knowledgeable about whatever he’s going to do. He learns about it and does a first class job.” Considered to be one of the country’s best forest stewards and a leader in forest management, Haines has long been committed to the land, including helping to expand Burlington County’s Farmland and Open Space Preservation programs and to create a Parks Department, which has preserved over 1,000 acres and developed six parks in the county. Photo Credit: Pine Island Cranberry Company, Inc.]]> 7111 0 0 0 https://landreport.com/2012/08/online-exclusive-western-wildfires-fighting-fire-with-fire/ Wed, 01 Aug 2012 07:00:12 +0000 https://www.landreport.com/?p=7154 This is the first in a series of posts by Field Reporter Joe Nick Patoski that studies the causes behind the wildfires currently raging out West. Now that the worst of the wildfire season appears to be behind us, this is a good time to take a longer view about fire and land — specifically the role of intentionally setting fire to grasses or forests as a land management tool. Prescribed burns are part and parcel of holistic range management, which takes the long-range big picture overview of maintaining healthy rangeland and wildlife habitat. Before settlers arrived in the American West, the native peoples knew well enough to let the grasslands and woodlands burn when fire broke out because the fires germinated seed stock and provided fertilizer in the form of carbon. Even today, in Mexico and other less-developed countries, agrarian societies burning crop remnants ever spring is considered part of the growing cycle. Fear of fire prompted immigrants who established permanent settlements to suppress wildfires at any cost, which over the course of the past two centuries has contributed to building up considerable fuel loads. That, and a widespread reaction to clear-cutting that included not cutting any timber whatsoever, leaving deadwood standing, augmented over the past two decades by pine beetle infestations that have turned millions of acres of forests into kindling awaiting a spark, helped create the perfect storm for what’s become an annual occurrence of wildfires breaking out throughout the American West. The “Burn, Baby, Burn” approach utilizes smaller backfires to burn dry leaves, dry brush, and other tinder to reduce the amount of combustible material needed to create a wildfire. Sometimes, backfires can be set to stop a wildfire by denying the wildfire the fuel load it needs to spread. Various states, counties, and communities have set up prescribed burn agencies, committees, and groups for certification, education, and in many cases, providing insurance in case a controlled burn gets out of control. When folks think about parcels of land in the thousands of acres and legacy property owners who’ve stewarded over land for multiple generations, they rightfully associate such places with the American West. But as much as the land has been fragmented and urbanized in the eastern and northeastern United States, the American East is on the cutting edge of forest management, especially in regards to prescribed burns as a management tool, largely because of the surprising number of large chunks of privately-owned land. Where the Wilderness-Urban Interface is a relatively new concept out west, the juxtaposition of people and the wild world is an old story back east, which gives greater weight to the observations of four non-Westerners — Bob Williams, William Haines, Jr., Chuck Leavell, and Brian Treadwell. Williams, the vice-president of forestry operations for Land Dimensions Engineering in Glassboro, New Jersey, believes prescribed burning is essential for healthy land. “We need fire back in the forest, but in a controlled fashion, as the Native Americans did for thousands of years.” Moreover, he says, the need for burning isn’t confined to a specific region. “This is not a western problem,” Williams makes clear. “I view this as a national crisis.” Williams likes to cite the use of prescribed burns by landowners in the eastern United States such as William S. Haines, Jr. of Burlington County, New Jersey. The 59 year old fourth-generation farmer grew up on the family’s 14,000 acres spread, which includes 1,300 acres comprising New Jersey’s largest cranberry bog, Hog Wallow, in Washington Township, the heart of the state’s Pinelands, where the bogs are bordered by pitch pine, oak, and American white cedar. His management of the woodlands shadowing on the Wading and Oswego rivers earned him recognition this year as New Jersey's outstanding forest steward by the state Department of Environmental Protection. A key to Haines’ success as a steward is prescribed burning, which is employed to keep forest watersheds healthy with clean water — a critical component for any cranberry bog. Haines’ methods for ensuring good soil, clean water, and a healthy environment are pretty much the same for landowners in the American West. Granted, conditions are generally wetter in Haines’ New Jersey than in most western states, which makes prescribed burns less of a threat to neighboring properties. The unfortunate Cerro Grande fire near Los Alamos, New Mexico in 2000, started by a prescribed burn that got out of control, aided by low humidity and high winds, did considerable damage to public perception toward controlled burning. But fire alone won’t keep forests healthy. Haines’ formula for sound forest management also includes thinning out deadwood and overgrowth. Four states south of New Jersey, landowner Chuck Leavell of Georgia, who is being profiled in The Land Report, echoed Haines’ sentiment. “We’ve seen in past years and decades, the terrible wildfires that destroy a lot of our forests. If only people could understand the value of prescribed burning. You know the Native Americans used to do it when they were living here without European influence. If we look to the wisdom of the way they were managing forestlands, we’d have less incidence of these wildfires.” Leavell learned about burning through a forestry and land use correspondence course he’d taken some years ago, then by talking to his consulting forester through the Georgia Forestry Commission and by talking to other landowners. “Fire helps decrease the woody competition within a stand of pines,” he said. “Let's all remember that that woody growth in the understory is competing with the pines for water and nutrients. By keeping that growth down, more energy is going to the pines. Secondly, while the fire discourages that woody growth, it is promoting the growth of natural weeds and grasses that benefit the wildlife. It is one of the best tools a forest landowner has, but of course it has to be used wisely and with caution. Four states west are two Texas ranchers who have become prescribed burn specialists, Brian Treadwell and his father, John. John Treadwell had been a student of holistic rangeland management, and when father and son began using fire to improve some beaten-down range on a ranch they acquired in west central Texas, they saw immediate results. Eighty burns and seven years later, native grasses such as Wilman Lovegrass, sideoats grama, bluestem, green sprangletop, switchgrass, and Indian grass, all of which need fire to germinate, flourished while invasive prickly pear cactus and mesquite trees were beaten back. “When you open up a thicket with fire, there are plants that have been trapped in there that suddenly have access to air, moisture and light,” John Treadwell said. “It’s the solution to so many of the problems you see around here,” added Brian. “We started a Calf Creek Burn Coop that turned into a Menard County Coop and McCullough County Coop,” Brian said. Their efforts, which cleared more than 1,000 acres of mesquite and prickly pear cactus and removed Ashe juniper from more than 3,600 acres, bringing back native prairie grasses in the process, earned the Treadwells a Lone Star Land Steward award from Texas Parks & Wildlife for restoring the land. Since then, the Treadwells have moved on to ranches south of San Angelo, near the Treadwell family homestead, and received official Prescribed Burn training and certification, securing a $1 million insurance policy to do business as a Conservation Fire Team. It was in that guise that Brian Treadwell got involved with fighting the 12,000 acre Wildcat wildfire that broke out north of San Angelo in March 2011, lighting a 2.5 acre backfire that stopped the big fire’s southward march. Personnel from the Texas Forest Service were on the scene, but it was Treadwell who made the difference. “The Wardlaw brothers of San Angelo hired me to coordinate a response that included their best interests. The TFS regional chief happens to be the same man I log my prescribed fires with in this region, plus we had the history of four previous wildfires.” So Treadwell did the deed. It was one of several fires he worked in conjunction with the Texas Forest Service. “The first few, I was invited by an affected or threatened landowner, of which two landowners paid me a day fee for responding,” Treadwell said. “After the Encino Fire, the TFS or fire chiefs invited me to respond.” Treadwell recalls the Encino Fire: "The north wind pushed the Encino fire across the Wardlaw ranch and threatened to cross the Arden Highway. We had already backed up two miles as the fire approached and there was a large response by area firefighters and the city of San Angelo. I told the TFS chief that if we didn’t stop the fire here, at this road using a backfire, we would be re-gathering another three miles south of our present location and have the same argument on Highway 67. As the fire threatened the fence line and bar ditch, I was given the green light to start burning. I responded with two men I regularly burn with and we proceeded to hustle in over two miles of fire, building the backline to 50-75 yards wide with a zig-zag pattern every two hundred yards, burning multiple strips, robbing the fuel from the approaching headfire. The picture I had sent you was of the backfire I lit meeting the headfire, but the amazing photo would have been the convoy of fire trucks, lights flashing, shadowing my movement in the pasture from the highway. “That was a Monday. By noon on Friday the Wildcat fire was burning and TFS called me in to help on that one, too. The Wildcat fire threatened half a dozen houses, which preoccupied the responders to the point where the fire escaped and grew beyond control. We spent two days burning around houses and trying to contain the growth of the fire. Our mistake on the Wildcat was waiting for a final confirmation from the overwhelmed TFS chief to begin our backburns. "The next fire was off of Highway 277, south of San Angelo, on the Allison Ranch. I left my truck running (in the hopes someone would move it if things went badly and I had called in a crewmate to meet me) and jumped out with a torch to begin burning behind the first road-grader widening the intersecting ranch road. We caught that one quickly and kept it under 2000 acres. "The last four fires we responded to, we were the only true volunteers - we dropped everything to respond without collecting firefighting funds. I would simply rather respond in your neighborhood than wait and fight it in mine. One of the men from my crew has gone on to get his own commercial prescribed burn manager license as well.” The experience has prompted the prescribed burn specialist to get involved with state and federal agencies to improve communications and shorten response time. “One of our first response problems is that the local fire department or volunteer fire department charges out to a location, but hesitates to react, calling in reinforcements and generally monitoring the advance of the wildfire until a Texas Forest Service commander arrives. TFS would like to arrive on scene to a response in action, but when they arrive, the first responder doesn’t have a head count on available firefighters at location, no maps of the location, and usually no intel on fire behavior or scope, and no applied effort other than where structures are involved. So if the first responders wait three hours for a TFS commander to show, it may take another hour of administrative work for the TFS to understand the situation. In extreme conditions, this could mean the difference from a 300 acre fire to a 3,000 acre fire or bigger. “What makes a local response so effective is that I can respond in my region faster than the Texas Forest Service can deploy a federal hotshot team to build the same defense. I’m working with the Texas Department of Agriculture burn board to get MCE credit for burn licensees responding to TFS wildfires, in an effort to foster more local response. Just as I’ve told that board, when we can re-direct a retardant-loaded airplane from dropping its load on the head of the dragon to a nearby road which we can use to burn against, than we have begun to work with fire instead of just fighting it.” Which drives the point home: fire is not just something to be feared by land stewards; it is the tool to fight bigger fires and improve the land and environment to the benefit of not just the landowner, but for all.]]> 7154 0 0 0 https://landreport.com/2012/08/land-report-100-emmett-mccoy/ Thu, 16 Aug 2012 07:00:52 +0000 https://www.landreport.com/?p=7207

  This Texan’s life is a testament to family, ranching, business, and philanthropy

  BY BRENDA McCOY REMME & MEAGAN McCOY JONES PHOTOGRAPHY BY LAURENCE PARENT PUBLISHED SUMMER 2012 Emmett is best known as the founder of McCoy’s Building Supply, an 83-store lumber and building materials chain based in San Marcos, Texas. But the story of his life, from his upbringing in the port city of Galveston to his rise as an entrepreneur and landowner, exemplifies the spirit of the Greatest Generation and his own commitment to the values of hard work and integrity. In 1927, when Emmett was a 4-year-old, his parents, Frank and Margaret, moved from Houston to Galveston, where they started McCoy Roofing Company. Their young son grew up working in the family business. He became an Eagle Scout and graduated from Ball High School in 1939. From there, he went to New York Trade School. While living in New York, Emmett met the love of his life, Miriam Swanson. The young Texan enlisted in the U.S. Army and served his country in the Pacific theater during World War II. He was discharged as a sergeant in January 1946 and immediately returned to Galveston and the family business. One month later, he married Miriam, with whom he had four children and shared 65 years of marriage. In the early 1950s Emmett took over McCoy Roofing from his father. He subsequently founded McCoy Building Supply, where he began selling building materials on a cash-and-carry basis – an innovative concept at the time. In the 1960s, the family’s roofing business was phased out to allow a focus on building materials stores. After Emmett relocated the company to San Marcos in 1972, the McCoy family made Central Texas their home base. A decade earlier, Emmett and Miriam bought their first ranch property – a little less than half a section on the Blanco River in Hays County – and the family’s longstanding ties to ranching and the cattle business were underway. In 1987, the McCoys purchased their first West Texas ranch, the 7 Springs Ranch. As time went by, they purchased other ranches, including the historic Rockpile Ranch (pictured above and below). The Rockpile Ranch, which was once a portion of the Reynolds Cattle Company's renowned Long X Ranch, as well as the U Ranch, which at one time had been a part of King Ranch, were subsequently added and expanded the family’s holdings to more than 230,000 acres. In 2011, McCoy Remme Ranches Ltd. ranked No. 41 on the Land Report 100. The McCoys support many charitable endeavors, such as the Hays Caldwell Women’s Center, the San Marcos Youth Shelter, and the Miriam McCoy Shelter for Animals. They made a substantial gift to the School of Business at Texas State University, which now bears their name: The McCoy College of Business. Emmett passed away in January at age 88. But his legacy thrives. McCoy’s Building Supply, now owned and operated by son Brian, is one of the largest family-owned lumberyard chains in the U.S. McCoy Remme Ranches, which is managed by son-in-law Kaare Remme, raises Black Angus cattle in a traditional cow-calf operation with a strong focus on range management and stewardship. And his beloved Miriam still shares her husband’s love of land. The McCoys gather at her home and their ranch properties to celebrate holidays, special events, and the beautiful country of Texas.]]> 7207 0 0 0 https://landreport.com/2012/08/land-report-august-2012-newsletter/ Wed, 15 Aug 2012 07:00:39 +0000 https://www.landreport.com/?p=7250 Summer is heating up. And it's not the record temperatures I'm talking about. From showings to impending sales and upcoming auctions, brokers from across the country are on the land, making the most of heightened investor interest, solid buying opportunities, and record-low borrowing rates. We touch on many of these topics in our August newsletter, which features timely updates on several key sales involving Nebraska pastureland, Wyoming cattle country, and not one but two Florida equestrian properties. For up to the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, and Pinterest.]]> 7250 0 0 0 https://landreport.com/2012/08/lands-best-friend-boykin-spaniel/ Tue, 21 Aug 2012 12:00:41 +0000 https://www.landreport.com/?p=7282

  Handsome, talented, and a splendid companion – the Boykin lives up to its rich heritage.

  He’ll flush your upland game, fetch your ducks and doves, and look great lying on your sofa. No matter where you live, if you’re an all-around hunter, you can’t go wrong with the Boykin spaniel, the true native gun dog of the Deep South. Early in the 1900s, a young, medium-sized male spaniel appeared at a Methodist church in Spartanburg, South Carolina. Alexander White, a church member, adopted the dog and immediately noticed its hunting ability. He sent the dog to his hunting partner, Whit Boykin, for training. The sturdy spaniel, most likely some combination of Springer, Chesapeake Bay Retriever, and American Water Spaniel, became the foundation of the modern Boykin spaniel, the official dog of South Carolina. True to its lineage, the typical Boykin is an excellent water dog, probably the best waterfowl fetcher of the land spaniels. Originally bred to flush turkeys and retrieve doves, the Boykin also takes readily to quail, woodcock, pheasants, and small game. Thanks to its Carolina heritage, your Boykin will have little problem enduring heat and humidity. Yet the dark, dense coat protects against it all but the coldest water. Do: - Purchase pups from proven working lines. The Boykin’s surging popularity could lead to irresponsible breeding for the pet market. - Take your pup for field romps as soon as he has received his inoculations. - Make your Boykin a member of the family. Don’t: - Don’t force your pup into water. Boykin pups will go there naturally. - Introduce gunfire until your pup is searching boldly.]]> 7282 0 0 0 https://landreport.com/2012/08/land-report-top-ten-august-2012/ Wed, 15 Aug 2012 07:00:13 +0000 https://www.landreport.com/?p=7326 From the Pacific to the Northeast, here are America’s priciest properties, led by $132.5 million Broken O Ranch in Montana, which is listed with Bates Sanders Swan Land Company. New to the list is a 33-acre Sagg Pond Estate in Sagaponack South (pictured above). 1. Broken O Ranch (Montana): $132.5 million At 123,000 acres, this ranch has been in the making for the past 20 years. With its expansive cattle and farming operation, this ranch currently carries 3,500 mother cows plus 800 replacement heifers and 200 range bulls. The Broken O Ranch also contains Montana’s largest block of irrigated land, approximately 13,000 acres, and has historically averaged 25,000 tons of alfalfa hay and 700,000 bushels of small grain crops annually. Mike Swan of Bates Sanders Swan Land Company has the listing. 2. Walton Ranch: $100 million This 1,848-acre working cattle ranch was pieced together by the Walton family beginning in 1958. The family placed the ranch under conservation easement in 1983. Billy Long and Ron Morris of Ranch Marketing Associates have the listing. 3. Broken O Ranch (Texas): $81 million Located in Boerne, Texas, the historic Broken O Ranch is one of Texas’ finest ranches on the market today. Featuring breathtaking views that only the Texas Hill Country has to offer, this ranch is also home to an array of wildlife. Trip duPerier with duPerier Texas Land Man, LLC has the listing. 4. Ranch Dos Pueblos: $79 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, it’s one of the largest remaining ranches along the breathtaking Gaviota Coast. Kerry Mormann & Associates has the listing. 5. Dillingham Ranch: $65 million Located in Mokuleia, on the North Shore of Oahu, Hawaii, this historic 2,700 acre estate offers all of the charms and essence of Hawaii, from white sandy beaches to mountain terrain and acres of open green space scattered with coconut trees, monkey pods, and rare plant species indigenous to Hawaii. Zackary Wright with Christie's International Real Estate has the listing. 5. Sagg Pond Estate: $65 million Located in one of the Hamptons’ most exclusive enclaves on the banks of the tranquil Sagg Pond, this 33-acre waterfront estate is bordered by dozens of acres of protected land, ensuring privacy and pristine conditions for generations to come. Debbie Loeffler of the Corcoran Group has the listing. 7. Big Creek Ranch: $59.9 million Only eight miles from Steamboat Springs, 5,034-acre Big Creek Ranch offers rainbow and brook trout fishing along five miles of Big Creek as well as a half-mile of the Elk River. National forest borders 85 percent of the property, offering easy access to an additional 150,000 acres of pristine wilderness, including world-class trout fishing and hunting for elk and mule deer. A mix of forest and meadows provides ideal wildlife habitat and summer pasturage. Listed by Ron Morris and Billy Long of Ranch Marketing Associates. 8. Swain’s Neck: $59 million Spread out on almost 70 acres, Swain’s Neck is an exclusive waterfront estate on Nantucket Island. Featuring spectacular, unobstructed 180-degree views of Polpis Harbor, this property includes a sprawling main residence which embraces the magnificent views, a charming guest cottage, a private studio/office, a boathouse, a gatehouse with apartment, several fenced-in pastures, a sport court and meticulously manicured grounds and gardens. Listed with Gary Winn with Maury People Sotheby's International Realty. 9. Hana Ranch: $55 million This 4,500-acre working ranch on eastern Maui surrounds the town of Hana. The property boasts two miles of Pacific oceanfront and rises over 2,200 feet up the slopes of Haleakala. Dan Omer of Island Sotheby’s International Realty has the listing. 10. Rockpile Ranch: $54.5 million For only the third time in over a century, this 55,374-acre cattle ranch in the Davis Mountains of Far West Texas is on the market. Since 1992, the Rockpile has been owned by McCoy Remme Ranches (No. 41 on the 2011 Land Report 100). James King of King Land and Water is the listing agent. Photo Credit: Corcoran Click here to download a copy of the August 2012 newsletter.]]> 7326 0 0 0 https://landreport.com/2012/08/the-driving-force-of-all-nature-water/ Thu, 30 Aug 2012 07:00:22 +0000 https://www.landreport.com/?p=7364 Stand in the middle of Montana’s Running Colter Ranch and perk up your ears. If you listen closely, you’ll hear the sweet summer melody of Western songbirds, the rude quacking of a duck, and maybe even the honk of an occasional Canadian goose. Listen more closely, and I promise that you can pick out the swishing sound of big bunches of native grasses catching the wind and bending in the breeze. These are exactly the sorts of sounds one would expect to hear on a ranch in Montana, right? But on the Running Colter Ranch, they mean much more. They mean the plan is working. Just five short years ago, this ranch was a dried-up stretch of ranchland. Deep cracks in the dirt revealed rusty pipes. The wetlands that once existed had long since been filled in. Brown grass spread out as far as the eye could see – brown grass that is now lush, green, and full of wildlife. The reason? The sound that is hardest to hear: the sound of running water. It’s a prime example of revival, restoration, and dedication, and it all revolves around water. “Water plays that central role in the biodiversity of our resources, our private property, and our environment,” says Mike Sprague, founder of Montana-based Trout Headwaters Inc. (THI). “Water is the key to life” is Sprague’s motto, and he should know. Throughout his career he’s worked with water. Sprague founded THI in 1995 using state of the art technology and scientific practices to help landowners across the U.S. restore and protect the wetlands and water systems coursing through their properties. And the results of his work — whether it be a current 100,000-acre project featuring three watershed systems in the Rocky Mountains or a 100-acre parcel on the East Coast — have been no less than inspiring. Sprague has observed a compelling phenomenon that occurs once a landowner restores waters to their purest forms. As a result of this effort, every aspect of the land — from the economic value to the aesthetic elements and everything in between — is enhanced. Healthy, happy waters bring nature back in balance. They provide an alluring habitat for native birds and migratory waterfowl. All species of wildlife flourish, including pesky varmints. Rejuvenating a watershed increases productivity for farming and ranching. It creates superior recreational opportunities and viewsheds. And it strengthens the relationship that owners have with their land. There’s also the future factor, leaving the land better off for future generations. Consider the 700-acre functional farmlands of the Running Colter. Lands such as these, with a century of agriculture use, were impacted with human-caused issues revolving around farming, development, infrastructure, and mismanagement. This can include improper grazing techniques, pesticide use, and wetland disruption. It wasn’t that the previous landowners purposely meant to do any harm; more than likely they were adhering to the ag procedures of their day. The ranch’s previous owners had no intention of causing long lasting harm to the land. Examples of this on the Running Colter included filling in wetlands and diverting streams underground. These practices allowed for more agricultural water in the short term, but much less in the long run– to the point where the native landscape slowly dried up. Native plants were supplanted by noxious weeds. Wildlife sought more fertile forage. Last but not least, farming yields eventually diminished. After decades of decay, the Running Colter Ranch was acquired by a private conservation fund in 2008. Sprague’s team at THI was put in charge of restoring the wetlands and stream systems. “At first, it was difficult to imagine what the water here could become,” Sprague says. “The bulk was wetland more than 80 years ago. Now it was in pipes, and the wetland areas were filled. The land had become increasingly drier.” Sprague’s team dug in, literally, and spent a year re-elevating groundwater to restore streams and shallow wetlands. Then they created a management plan that involved leaving much of the landscape to heal up naturally. Five years later, the barren landscape is a thriving wetland habitat. “You almost can’t believe you’re standing on the same property,” Sprague says. Sprague appreciates the resurgent ecosystems firsthand. Since revitalizing the ranch’s waters, he has fly-fished and hunted the Running Colter many times. “We’ve also reestablished valuable irrigation for farming and recreational activities,” he adds. So what lessons can be drawn from the Running Colter Ranch restoration project? What are the implications for other landowners around the country? According to Sprague, there are many. And they begin with a simple understanding, one that concerns the disconnect between our water needs and our water sources. “For most of us, we tend to think of water in a very utilitarian way,” Sprague says. “After all, the vast majority of the planet is covered by water, but a very small percentage is useful to us. Sprague explains that there is a perception that the water running through our land is all fine and dandy. In many cases, especially when landowners have bought properties once primarily used for agriculture, that’s not altogether accurate. When a landowner acquires a property with this kind of history, he or she faces problems that involve the deterioration of watersheds, an extremely common yet unintentional byproduct of historical agricultural practices. When a watershed deteriorates, so do many other living things around it. Some of this damage can go unnoticed at first. After all, if there is no visible debris in a streambed or a drainpipe dumping toxic waste into a river, the damage can be hard to detect for the untrained eye. It’s also difficult for the untrained eye to imagine the impact of better waters. Biodiversity allows countless elements to thrive. Even if water-rich landowners are uninterested in using this asset for economic purposes, such as farming or ranching, most still want to protect the potential economic, aesthetic, and recreational values. “It becomes a question of managing that small finite resource,” Sprague says. But how does one go about assessing the damage and then fixing it? Although it sounds daunting, according to Sprague it doesn’t have to be. “Oftentimes the problems can be dealt with in a very cost-effective way,” he says. “Restoration can be done passively or actively, and both ways can have very successful outcomes.” To identify the disturbances, THI completes an initial consultation at no cost to the landowner. Then they come up with a plan that allows landowners to put projects into phases and take various approaches given the issues identified. Most improvements fall into one of three basic budget categories. The fastest (and most costly) is a full-on water reclamation project such as the one implemented at the Running Colter. Depending on the size and issues, this can include a year or more of hands-on work with equipment and personnel on the ground followed by extensive monitoring. A middle ground, involving a partial reclamation project, involves consultants mapping out a plan and then letting a landowner implement it. The slowest but most cost-effective route is a holistic approach based on improving what is already in place as well as future monitoring. “A project can be as simple as marking off the disturbed area, and allowing nature to heal itself, which it does very well when left to do so,” Sprague says. No matter the approach a landowner decides on to improve his or her waters, the end results are well worth the time, effort, and investment. A landowner now has developed an intimate knowledge and connection with his land, has increased the value and the recreational usage, and has left it better off than when he first came to own it, for future generations as well as neighbors downstream. “Water is such a centerpiece of so many properties, and it’s all connected,” Sprague says. Then, a serious expression on his face, he adds an all-important closing comment. “It’s incumbent on each one who owns the banks of a stream to keep the water quality up to its purest form. That land and that water are going to be there long after we are gone, and we have the ability to pass that forward in better condition than we found it.” Corinne Garcia freelances for Marie Claire and Country Living. Based in Bozeman, her speciality is penning stories about Big Sky Country.]]> 7364 0 0 0 Water. It’s the lifeblood of your land. No other feature rivals this resource for enhancing habitat, nurturing biodiversity, and bringing beauty (and value) to your property.]]> https://landreport.com/2012/09/for-sale-floridas-hobe-sound-polo-club/ Thu, 06 Sep 2012 07:00:48 +0000 https://www.landreport.com/?p=7406 More than $20 million has been invested in developing this strategically located facility, which sits north of Palm Beach off I-95. The polo club’s centerpiece is a 120-acre equestrian complex that includes five regulation polo fields, two stick and ball fields, barns, and outbuildings. Numerous development scenarios present themselves, ranging from an equestrian community to a wildlife sanctuary. This equestrian property is listed for $47.25 million. Ken Meierling at Engel & Volkers in Jupiter has the listing. Click HERE to download a copy of the August 2012 newsletter.]]> 7406 0 0 0 https://landreport.com/2012/09/land-report-top-10-33-acre-sagg-pond-estate/ Thu, 13 Sep 2012 07:00:25 +0000 https://www.landreport.com/?p=7433 Corcoran Group for $65 million. Contact Debbie Loeffler at (631) 537-7773 for more information. Click here to download a copy of the August 2012 newsletter.]]> 7433 0 0 0 https://landreport.com/2012/09/the-land-report-fall-2012/ Sat, 15 Sep 2012 07:00:36 +0000 https://www.landreport.com/?p=7606 Our most anticipated issue of the year is HERE! The fall issue of The Land Report is hot off the press, and that means the 2012 Land Report 100 is available for you to peruse and enjoy. Find out which leading landowner donated the largest conservation easement in history to the federal government this summer in Colorado. Learn the story of one of the country's best-known entrepreneurs and the two parks she hopes to establish in Maine. See which Florida family has made cleaning up the Everglades their passion project. Top it off by getting a sneak peek at the 2012 Land Report Broker Summit, which was held at Boone Picken's Mesa Vista Ranch. So be our guest and enjoy our latest issue HERE. For more up to the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow The Magazine of the American Landowner on Facebook, Twitter, and Pinterest.]]> 7606 0 0 0 16430 http://Morningstarranch.com 0 0 16431 http://www.wildercolorado.com 0 0 https://landreport.com/2012/09/eugene-gabrych/ Sat, 15 Sep 2012 07:00:58 +0000 https://www.landreport.com/?p=4756

  No. 48 Eugene Gabrych

  200,000 acres California businessman Eugene Gabrych, a self-made millionaire, has ranches in California and Nevada that are home to a variety of farming and ranching activities. His 18,000-acre Rock Springs Ranch is one of the best hunting ranches in the Golden State and offers impressive views of the San Joaquin Valley and the Sierra Nevadas.]]> 4756 0 0 0 https://landreport.com/2012/09/williams/ Sat, 15 Sep 2012 07:00:53 +0000 https://www.landreport.com/?p=4762 No. 53 Williams Family 180,000 acres

  The family’s Pitchfork Land & Cattle Company, with a home ranch that covers 165,000 acres in Texas, includes a cow-calf operation, a hunting program, and a horse program that is known for its signature Pitchfork Gray. The Pitchfork is also the site of successful oil and gas exploration. It’s produced millions of barrels of oil since the first well was drilled over 30 years ago.

   ]]> 4762 0 0 0 https://landreport.com/2012/10/blixseth/ Mon, 15 Oct 2012 07:00:19 +0000 https://www.landreport.com/?p=4764 No. 52 Tim Blixseth 189,000 acres Blixseth found success as an entrepreneur and timberland investor. He built his fortune buying and selling timber and timberland in the West and Pacific Northwest, and today focuses on high-end real estate transactions through his Nevada-based Desert Ranch partnership.]]> 4764 0 0 0 https://landreport.com/2012/10/land-report-top-10-hana-ranch/ Wed, 24 Oct 2012 07:00:20 +0000 https://www.landreport.com/?p=5374 Update October 2012 This summer, Bio-Logical Capital, a land investment, development, and conservation company, acquired Hana Ranch in East Maui for an undisclosed price. Bio-Logical Capital plans to preserve the property as a working cattle ranch and has plans to expand organic farming on the land. According to senior vice president for Bio-Logical Capital Guy Kaulukukui, “It is at once a privilege and a great responsibility. Hana is one of the last, best places in Hawaii untouched by urbanization, rich in abundant natural and cultural resources, and with the potential to become a model for sustainable ranching and farming practices in the state.” Hana Ranch has been on the market since September 2008. Daniel Omer of Island Sotheby’s International Realty represented the Hana Ranch Partners. Read more HERE. DECEMBER 19, 2011 POST: Situated in the tropical setting of eastern Maui, Hana Ranch is considered one of the most beautiful locations in the world. Featuring two miles of Pacific oceanfront that rises over 2,200 feet up the slopes of Haleakala, this 4,500± acre working cattle ranch sits in one of the last places in Hawaii that remains untouched by the stresses of urbanization and over-development. As a founding member of the Maui Cattle Company, which is known for its all-natural grass fed beef, the ranch’s cattle operation includes a cow herd of approximately 1,200 and produces 1,000 calves per year. Hana Ranch is listed with Island Sotherby’s International Realty. For more information, contact Dan Omer at (808) 281-2100. Click here to see the full list of Land Report’s Top Ten priciest properties.]]> 5374 0 0 0 https://landreport.com/2012/10/land-report-october-2012-newsletter/ Fri, 12 Oct 2012 07:00:15 +0000 https://www.landreport.com/?p=7616 A conservation easement leads to our country's newest conservation area. Productive ag land sets a new auction high. A major bump in U.S. hunting and fishing numbers. These are a few of the featured items in our October 2012 newsletter, which is now available HERE. From coast to coast, interest in land and land-based assets continues to rise. See so for yourself as we present new listings, new sales data, and auction updates. For up-to-the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, and Pinterest.]]> 7616 0 0 0 https://landreport.com/2012/10/land-report-100er-bacons-leadership-spurs-creation-of-new-refuge/ Wed, 17 Oct 2012 07:00:26 +0000 https://www.landreport.com/?p=7667 HERE. Download our October newsletter HERE.]]> 7667 0 0 0 https://landreport.com/2012/10/hunting-and-fishing-numbers-end-decades-long-decline/ Wed, 31 Oct 2012 07:00:06 +0000 https://www.landreport.com/?p=7729 The US Fish & Wildlife Service’s 2011 National Survey of Fishing, Hunting, and Wildlife-Associated Recreation indicates that the number of hunters increased by 9 percent nationwide from the previous survey in 2006. Angler numbers grew by 11 percent. All told, more than one-third of all Americans participated in wildlife-related recreation in 2011, an increase of 2.6 million participants. Their $145 billion in expenditures represents 1 percent of the nation’s gross domestic product (GDP) and includes licenses, tags, gear, travel costs, land leases, and land ownership. Read more HERE. Download our October newsletter HERE.]]> 7729 0 0 0 https://landreport.com/2012/11/2012-land-report-100-ted-turner/ Thu, 15 Nov 2012 07:00:57 +0000 https://www.landreport.com/?p=7756

  No. 2 Ted Turner

  2,000,000+ acres Turner’s longtime leadership as a steward of the land received its due this year as the man himself and his charitable endeavors were recognized time and again by some of the nation’s leading conservation organizations. In March, Turner’s passion for upland birds was singled out when he became the sixth recipient of the T. Boone Pickens Award from Park Cities Quail, which is dedicated to sustaining and restoring huntable wild quail populations as well as encouraging and educating youth. Also in March, the US Fish & Wildlife Service announced that the Turner Endangered Species Fund was designated a 2011 Recovery Champion. This prestigious award honors outstanding efforts to conserve and protect imperiled species. Among those benefiting from the foundation’s efforts include the Bolson tortoise, the desert bighorn sheep, the black-footed ferret, the red-cockaded woodpecker the Chiricahua leopard frog, the northern aplomado falcon, the northern Rocky Mountain gray wolf, and the Mexican gray wolf. Turner Enterprises’ Biodiversity Divisions and the Turner Endangered Species Fund were selected this May as recipients of the 2012 President’s Fishery Conservation Award from the American Fisheries Society for work with westslope cutthroat trout, Rio Grande cutthroat trout, Rio Grande chub, Rio Grande sucker, and arctic grayling. The American Fisheries Society is the nation’s preeminent organization for advancing sound science, promoting professional development, and disseminating science-based fisheries information for the global protection, conservation, and sustainability of fisheries resources and aquatic ecosystems. The Fishery Conservation Award is a resounding endorsement of the fine leadership that Dr. Carter Kruse has displayed as Team Turner’s lead on these projects.]]> 7756 0 0 0 https://landreport.com/2012/11/drought-fails-to-dampen-record-u-s-farm-profits/ Tue, 13 Nov 2012 08:00:00 +0000 https://www.landreport.com/?p=7795

  Despite extreme heat and parched conditions in the Corn Belt, the Great Plains, and the Southwest, farm income is expected to hit a record high. So are land values. —The Editors

  NATIONAL — TREND The USDA forecasts that despite severe drought conditions and higher feed costs, net farm income should exceed $122 billion. Net cash income is forecast to exceed $139 billion. Both amounts are nominal records. Price-led gains in corn and soybean receipts are one reason. Crop insurance indemnities also play a big part. MIDWEST — FOCUS This surge in farm income and expenses will manifest itself in many ways such as higher food costs to consumers. Higher land values for productive farms are another byproduct, and this is already being seen. In the Midwest, home of the Corn Belt, farmland prices continue to climb. Much of this region is covered by the Seventh Federal Reserve District, which surveys agricultural bankers and produces a regular rundown on farmland values and credit conditions called AgLetter. The August 2012 edition of the Chicago Fed’s AgLetter reports that despite scorching heat and diminished yields, strong gains in The Hawkeye State continued to bolster Midwest agricultural land values. District-wide gains averaged 15 percent for the yearlong period ending July 1. Iowa’s 24 percent gain in dollar value of “good” farmland led the Seventh District, which also includes portions of Illinois (15 percent), Wisconsin (13 percent), and Indiana (12 percent). For a copy of the complete AgLetter, go to www.ChicagoFed.org. ]]> 7795 0 0 0 https://landreport.com/2012/10/2012-land-report-100-king-ranch-heirs/ Mon, 15 Oct 2012 07:00:30 +0000 https://www.landreport.com/?p=7838

  No. 7 King Ranch Heirs

  911,215 acres King Ranch is a recognized leader in research projects involving agriculture as well as wildlife. On October 25 and 26, ranchers and landowners from across the U.S. will journey to South Texas to attend the King Ranch Institute for Ranch Management's annual Symposium on Excellence in Ranch Management. This year’s focus is “Water: Agricultural Challenges and Strategies for the Future.” King Ranch, the King Ranch Institute, and Deseret Ranches sponsored a “Ranching and Water Strategy” meeting earlier this year involving leaders in agriculture and ranching. The participants defined the issues, challenges, and potential actions that might be taken with regard to the defining challenge of the next decade: protecting landowners’ water rights for agriculture and other beneficial use.]]> 7838 0 0 0 https://landreport.com/2012/11/land-report-100er-floridas-fanjuls/ Thu, 29 Nov 2012 07:00:39 +0000 https://www.landreport.com/?p=7910 Longtime leaders in the sugar cane industry, this family has made restoration of the Everglades a top priority.
  All landowners, large and small, share a fundamental desire to protect and enhance their property. Florida’s Fanjul family, which owns 155,000 acres in Palm Beach County, is no exception. Through their Florida Crystals Corporation and its predecessors, the Fanjuls have been farming sugar cane and rotation crops since 1960, shortly after the family fled Castro-controlled Cuba. More recently, Florida Crystals has invested millions of dollars implementing high-tech Best Management Practices (BMPs) to ensure the health of the land and waters in and around its South Florida holdings. These sustainable practices not only benefit the company’s bottom line; they also are critical to bettering habitat between Lake Okeechobee and the Everglades. This region, which is known as the Everglades Agricultural Area, is where Florida Crystals operates, and it sits at the heart of the enormous yet fragile Everglades ecosystem, whose waters bring life to millions in Martin, Palm Beach, Broward, and Dade Counties. “In Florida, we have a tremendous amount of land in public ownership that can be used for restoration projects,” said Alfonso Fanjul, Florida Crystals’ Chairman and CEO (above right). “Meanwhile, private farmlands can continue to operate, offering a boost to the state as a top economic engine and providing safe, reliable food for our country. It’s a logical situation,” he says. Florida is the nation’s top producer of citrus. The Everglades is the country’s leading producer of sugar cane and sweet corn. All told, the state’s agricultural industry supports 1.4 million jobs and generates $100 billion annual economic impact. “Our family members have been land stewards and farmers in Florida for more than 50 years,” said J. Pepe Fanjul, Florida Crystals’ Vice Chairman, COO, and President (above left). “We are proud of the positive results our company has helped produce for the Everglades. This past year, we released water to the Everglades that was more than 70 percent cleaner than when we received it. Not many industries can claim such important results. It’s all possible because our team is comprised of highly-qualified experts in land management.” The family’s efforts don’t end in the fields. To help build sustainable communities and improve the lives of countless children, the Fanjuls founded New Hope Charities and two charter schools in close proximity its farms and mills.]]> 7910 0 0 0 https://landreport.com/2012/11/sold-montanas-broken-o-ranch/ Fri, 30 Nov 2012 07:00:53 +0000 https://www.landreport.com/?p=7928 The 124,000-acre Broken O Ranch, one of the most expansive and versatile agricultural operations in the Rocky Mountain West, has been purchased by American business entrepreneur Stan Kroenke. The Moore family has spent nearly 25 years assembling this massive land holding. Spread across Lewis & Clark, Cascade and Teton Counties along the Sun River near Augusta, Montana, the Broken O was carefully shaped and improved to create one of the most grand and significant agricultural enterprises in the United States.
  “Bill Moore obviously had the vision, expertise and wherewithal to assemble one of the finest cattle and farming operations in the United States. Mr. Kroenke looks forward to building on that incredible legacy.” – Sam Connolly, Kroenke Ranches
  Kroenke also owns Cedar Creek Ranch and PV Ranch both located in Montana, and ranches in Wyoming, Arizona and British Columbia. Terms of the sale were not disclosed. Mike Swan of Bates Sanders Swan Land Company represented the Sellers and Joel Leadbetter of Hall and Hall represented the Buyer in this landmark transaction.
  “We are pleased that the Broken O will be in the hands of a new owner of Stan Kroenke’s caliber and commitment to agriculture.” – Moore Family
  Situated along the eastern edge of the stunning Rocky Mountain Front — the Broken O is one of the West’s most grand and significant ranches. More than 20 miles of the Sun River course through the heart of the substantial Broken O Ranch offering abundant recreational and hunting amenities. The Broken O currently irrigates in excess of 13,000 acres, the largest amount of irrigated farmland in Montana. The Ranch runs 3,500 mother cows, 800 replacement heifers and 175 range bulls. It produces 25,000 tons of alfalfa hay and 700,000 bushels of small-grain crops annually. It also contains a 5,000-head commercial feedlot. For more information on the Broken O Ranch, visit TheBrokenORanch.com.  ]]> 7928 0 0 0 https://landreport.com/2012/11/land-report-november-2012-newsletter-2/ Thu, 15 Nov 2012 07:00:50 +0000 https://www.landreport.com/?p=7934 The Presidential Election. The Fiscal Cliff. The Farm Bill. Does it seem to you like all the roads off your property eventually wind their way to Washington, D.C.? It does to us. Go behind the scenes with our November newsletter to get a better idea of what's in the works. We've got ways for you to access key white papers, demographic trends, and policy updates. For up-to-the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, and Pinterest.]]> 7934 0 0 0 https://landreport.com/2012/12/private-public-partnership/ Fri, 07 Dec 2012 07:00:01 +0000 https://www.landreport.com/?p=8015

  Land Report 100er Louis Bacon lays foundation for Sangre de Cristo Conservation Area by placing 90,000 acres in Colorado under easement.

  When Louis Bacon (above left) revealed his plans to protect 140 squares miles of his Trinchera Blanca Ranch with a conservation easement, Secretary of the Interior Ken Salazar (above right) hailed it as “the largest single conservation easement ever donated to the U.S. Fish & Wildlife Service – and it happens to be in one of the most beautiful places in the country, the Sangre de Cristo Mountains and the San Luis Valley.” Salazar should know. The former U.S. Senator was born in nearby Alamosa in the shadows of the Sangre de Cristos. He added a gracious postscript: “Thanks to Louis Bacon’s deep commitment to conservation, we will now be able to preserve a diverse mosaic of public and private lands, creating a landscape corridor for fish and wildlife unlike any place in America.” Bacon and Salazar were joined by Deputy Secretary of the Interior David Hayes, U.S. Fish & Wildlife Service Director Dan Ashe, and Costilla County Commissioner Crestina Martinez at the conservation announcement on June 15 in Fort Garland. The founder of Moore Capital Management, Bacon bought the 171,400-acre high-country ranch in 2007 from the heirs of Malcolm Forbes. Three years prior, the Forbeses had donated the largest conservation easement in Colorado history to Colorado Open Lands. Bacon’s new conservation easement covers currently unprotected acreage on the Blanca portion of Trinchera Blanca Ranch and will jump-start Fish & Wildlife’s proposed Sangre de Cristo Conservation Area. Once the conservation area is up and running, Fish & Wildlife will administer it as a part of the National Wildlife Refuge System. “I have focused on habitat rehabilitation and stream restoration since I acquired the Trinchera Blanca Ranch in 2007,” Bacon said in his remarks. “Since then, the property has become a touchstone for best practices, encouraging partnerships with local community leaders and state wildlife guardians. Now, we have the opportunity to partner with the U.S. Fish & Wildlife Service to develop a joint plan to manage the property, and I am excited about collaborating on the management and rehabilitation practices and to share them with other local landowners.” Bacon’s gift is in sync with the current administration’s conservation ethic. President Obama’s America’s Great Outdoors initiative to establish a 21st-century conservation agenda has prompted a series of voluntary partnerships with landowners, including new units of the National Wildlife Refuge system, such as the Flint Hills Legacy Conservation Area in Kansas, the Dakota Grassland Conservation Area of South Dakota and North Dakota, and the Rocky Mountain Front Conservation Area in Montana. “While this easement specifically supports the creation of the Sangre de Cristo Conservation Area, my hope is that the conservation easement donation to the United States Fish & Wildlife Service will encourage other landowners to consider placing an easement on their properties,” Bacon said. “The Sangre de Cristo Conservation Area provides a unique opportunity to partner with the federal government and one that I hope will be replicated to protect landscapes across the country.” Bacon’s grandfather, Louis T. Moore, was a pioneer in the preservation and conservation movement in eastern North Carolina. “As a member of the local chamber of commerce, he worked very hard to help businesses understand the long-term economic benefit of protecting our environmental and cultural heritage from short-sighted, destructive development,” Bacon said. “He believed that the fight to preserve nature was a worthy one both for the community and for commerce. It is a legacy I have been fortunate to be able to continue. I have worked on a number of conservation and preservation projects in the United States and overseas, but nothing with the scope and importance of my efforts on the Trinchera Blanca Ranch.” More information on this visionary landowner is available at www.moorecharitable.org. Click here to download the digital version of The Land Report’s Fall 2012 edition today.]]> 8015 0 0 0 https://landreport.com/2012/12/lands-best-friend-german-wirehaired-pointer/ Tue, 11 Dec 2012 12:00:24 +0000 https://www.landreport.com/?p=8028 drahthaar in the Fatherland, the German wirehair was developed about 120 years ago by crossing pudelpointers with griffons, stichelhaars, Polish water dogs, early German shorthairs, and other versatile breeds. The modern German wirehair’s dense undercoat and wiry, weather-resistant outer coat provide excellent protection against the elements and probably give it an edge over the German shorthair in cold water. Most wirehairs hunt at a more modest range and pace than the best shorthairs, making them ideal in tough terrain or heavy cover. Well-bred pups are natural retrievers. Anyone who hunts ducks along sloughs and creeks, woodcock in thickets, and occasionally ventures further afield for doves and quail should take a look at the wirehair. Do:
  • Train your German wirehair with a firm, even hand. Wirehairs can be strong-willed and respond best to straightforward training.
  • Take your pup afield as soon as she has completed a course of inoculations.
  • Make your wirehair a member of the family.
  Don’t:
  •  Expect your German wirehair to retrieve under harsh, icy conditions best left to a Chesapeake Bay retriever.
  • Introduce gunfire before your pup has developed a strong interest in game birds.
  Click here to download the digital version of The Land Report’s Fall 2012 edition today.]]> 8028 0 0 0 https://landreport.com/2012/12/2012-4/ Sat, 15 Dec 2012 07:00:49 +0000 https://www.landreport.com/?p=8082 Ring in the holidays with the latest edition of the Land Report! Travel to Sonoma County and enjoy a rare and revealing portrait of John Jordan and his family's renowned vineyard and winery. Learn the latest about the white hot market for Midwest farmland. Or follow the twists and turns of the Yellowstone River as it winds its way onto your iPad courtesy of the new documentary Where the Yellowstone Goes, sponsored by Trout Headwaters. For more up to the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow The Magazine of the American Landowner on Facebook, Twitter, and Pinterest.]]> 8082 0 0 0 https://landreport.com/2012/12/land-report-december-2012-newsletter/ Sat, 15 Dec 2012 07:00:03 +0000 https://www.landreport.com/?p=8087 Record auction numbers, landmark transactions, sky-high ag exports - what a way to end the year! 2012 is wrapping up on a high note, and we've got stories to prove it. Our December newsletter features all of the above - as well as a sneak peek at the winter issue of The Magazine of the American Landowner. For up-to-the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, and Pinterest.]]> 8087 0 0 0 https://landreport.com/2013/01/land-report-january-2013-newsletter/ Tue, 15 Jan 2013 07:00:30 +0000 https://www.landreport.com/?p=8185 Secretary of the Interior Ken Salazar announces his plan to leave Washington and return home to Colorado. The Supreme Court agrees to hear a dispute between Texas and Oklahoma over water rights. And the State of Texas, on a completely different matter, asks the Nation's highest court to intervene in yet another water fight, one that involves Texas and another neighbor, New Mexico. So much for a slow start to 2013. Our January newsletter features these news items and as well as others, including Land Report 100er Louis Bacon's timeless gift to establish the Sangre de Cristo Conservation Area in Southern Colorado. For up-to-the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, and Pinterest.]]> 8185 0 0 0 https://landreport.com/2013/01/land-report-top-ten-january-2013/ Mon, 28 Jan 2013 07:00:14 +0000 https://www.landreport.com/?p=8210 From the Pacific to the Northeast, here are America’s priciest properties, led by Walton Ranch in Wyoming, which is listed with Ranch Marketing Associates for $100 million. New to the list is Four Peaks Ranch just outside of the Rocky Mountains in Colorado and Rosenthal — The Malibu Estate & Vineyard in California. 1. Walton Ranch: $100 million This 1,848-acre working cattle ranch was pieced together by the Walton family beginning in 1958. The family placed the ranch under conservation easement in 1983. Billy Long and Ron Morris of Ranch Marketing Associates have the listing. 2. Big Homer’s Pond: $92 million Located in the town of West Tisbury on Martha's Vineyard, Big Homer’s Pond (pictured above) is comprised of 266 acres and includes ownership of all developable waterfront, exclusive rights for building on Big Homer’s Pond, and exclusive rights to private oceanfront lying to the east of Long Point Wildlife Refuge. Wallace & Co. Sotheby’s International Realty has the listing. 3. Broken O Ranch (Texas): $81 million Located in Boerne, Texas, the historic Broken O Ranch is one of Texas’ finest ranches on the market today. Featuring breathtaking views that only the Texas Hill Country has to offer, this ranch is also home to an array of wildlife. Trip duPerier with duPerier Texas Land Man, LLC has the listing. 4. Ranch Dos Pueblos: $79 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, it’s one of the largest remaining ranches along the breathtaking Gaviota Coast. Kerry Mormann & Associates has the listing. 5. Four Peaks Ranch: $75 million Nestled in the Rocky Mountains, just outside Aspen, Four Peaks Ranch presents a rare opportunity to own a quintessential mountain paradise. Totaling 876 acres, the 18,000 sq. ft. home on this property features unparalleled views of Mt. Sopris, Mt. Daly, Capital Peak and Snowmas. Joshua & Co. has the listing. 6. Dillingham Ranch: $65 million Located in Mokuleia, on the North Shore of Oahu, Hawaii, this historic 2,700 acre estate offers all of the charms and essence of Hawaii, from white sandy beaches to mountain terrain and acres of open green space scattered with coconut trees, monkey pods, and rare plant species indigenous to Hawaii. Zackary Wright with Christie's International Real Estate has the listing. 6. Sagg Pond Estate: $65 million Located in one of the Hamptons’ most exclusive enclaves on the banks of the tranquil Sagg Pond, this 33-acre waterfront estate is bordered by dozens of acres of protected land, ensuring privacy and pristine conditions for generations to come. Debbie Loeffler of the Corcoran Group has the listing. 8. Big Creek Ranch: $59.9 million Only eight miles from Steamboat Springs, 5,034-acre Big Creek Ranch offers rainbow and brook trout fishing along five miles of Big Creek as well as a half-mile of the Elk River. National forest borders 85 percent of the property, offering easy access to an additional 150,000 acres of pristine wilderness, including world-class trout fishing and hunting for elk and mule deer. A mix of forest and meadows provides ideal wildlife habitat and summer pasturage. Listed by Ron Morris and Billy Long of Ranch Marketing Associates. 9. Rosenthal: The Malibu Estate & Vineyard: $59.5 million Situated 1,400 feet above the coastal fog and four miles from the beach, Rosenthal: The Malibu Estate & Vineyard offers a rare, private wine country lifestyle. Featuring a fully operational vineyard and winery, this Malibu Estate is one of the most sought after properties on the market today. Listed with Kerry Mormann & Associates. 10. Rockpile Ranch: $54.5 million For only the third time in over a century, this 55,374-acre cattle ranch in the Davis Mountains of Far West Texas is on the market. Since 1992, the Rockpile has been owned by McCoy Remme Ranches (No. 39 on the 2012 Land Report 100). James King of King Land and Water is the listing agent. Click here to download a copy of the January 2013 newsletter.]]> 8210 0 0 0 https://landreport.com/2012/12/the-path-to-perfection/ Sat, 15 Dec 2012 07:00:40 +0000 https://www.landreport.com/?p=8408 Jordan Winery. The Sonoma County landmark has celebrated its 40th anniversary with events and tastings in Miami, New York, Los Angeles, and Dallas. Those closer to the family know that the winery’s CEO, John Jordan, celebrated the big 4-0 this year, which leads one to ask which came first: John Jordan or his family’s winery? The answer is an amazing blend of nature and necessity. On May 25, 1972, Sally Jordan gave birth to a baby boy at 8:05 a.m. in Denver. Minutes later, Tom Jordan kissed his wife and their newborn son goodbye, hurried to the airport, and flew from Colorado to California, where he proceeded to the Sonoma County Courthouse. After closing on some 275 acres of prune orchards in the Alexander Valley, he turned right around and flew home to Denver. By nightfall, he was in the Mile High City with Sally, John, and their oldest daughter, Judy. (Younger sister Jenny would join the brood a few years later.) Soon a signature chateau, one that was inspired by Tom and Sally’s frequent trips to France, took shape on the drawing boards at the San Francisco architectural firm of Backen, Arrigoni & Ross. It was completed in 1976 just in time for the first Cabernet Sauvignon harvest. Old World elegance influenced more than just the architecture. As plans for the chateau took shape, the Jordans were able to entice the legendary Andre Tchelistscheff to join their nascent enterprise as a consultant. Recognized internationally as one of the leading enologists of the 20th century, the Russian-born Tchelistscheff emphasized a winemaking philosophy that focused on balanced wines that were made in the vineyard – not in the cellar. Much to their credit, Tom and Sally eagerly embraced Tchelistscheff ’s style, and since their first vintage – 1976 – it has been the hallmark of Jordan’s award-winning Alexander Valley Cabernet Sauvignon. It was Tchelistscheff who recommended that Rob Davis come on board at Jordan as winemaker. That was 36 years ago when the first Cabernet grapes were being harvested. Since then Davis has been a part of every vintage. Despite his death in 1994, so too has Tchelistscheff. “André is still with me during my hikes and jogs up and down the wine rows,” Rob says. “He continues to whisper in my ear when I make my daily vine inspections and every hour I’m on the crush pad or in the cellar.” There’s another familiar face at the winery these days, one who has been on the estate all his life. It’s John Jordan, who grew up exploring the 1,100 acres of rolling hills and valley floor that his parents turned into pioneering vineyards. Since 2005, John has served as the winery’s CEO. He’s ever mindful of the task before him. “My parents had a vision for Jordan, the estate, and our wines,” John says. It’s clear that Tom and Sally’s son is intent on building on that foundation in ways that mirror his parents’ vision as well as augment it with his own talents and training. Since succeeding his father at the helm, John has been intent on enhancing the renown of his family’s flagship Cabernet Sauvignon and Chardonnay. “My goal is the same as my parents’ – to make elegant, food-friendly wines,” he says over a family-style lunch on the spacious lawn in front of the chateau. He is adamant in this regard – even at his own expense. “Rob and his team judge our grapes just as rigorously as those we source. If they don’t make the cut, so be it.” The results have been telling. “Big wines are attention-getters,” says Emily Wines, Master Sommelier at Kimpton Hotels and Restaurants. “But when you have food, you don’t want either to outshine the other. This is when wines with restraint are so critical and why Jordan is so successful.” In the seven years since he’s taken the reins, John has already made his mark — from an operational standpoint as well as on the land. On the one hand, he must celebrate time-honored traditions, ones that have built the brand. Simultaneously, he must modernize a land-based business using twenty-first century technologies. Nuance definitely comes into play. From the very start John kept an eye on the big picture. One of his first directives was to grow the sales force. In addition, he insisted that the customer base be expanded beyond established accounts. The timing of this initiative could not have been better. By 2008, an ominous cloud known as the Great Recession had begun to darken the U.S. economy. Yet demand for Jordan’s balanced Cabernet Sauvignons and Chardonnays remained strong. Another major initiative was a comprehensive audit of the winery’s energy use. In the 1990s, Jordan had been recognized as one of the first wineries to be certified as a Sonoma Green Business. Yet decades after Tom and Sally built their chateau, it was obvious that more needed to be done. After reviewing the audit with Director of Operations Tim Spence, the two agreed that what was required was no small task: a complete overhaul of energy consumption on the estate. “There are so many pieces to the puzzle,” Tim says. “We looked at everything.” Over a five-year span, from 2007 to 2011, a never-ending list of upgrades was made to the chateau, the facilities, and even the vineyards, including cool roofs, insulated doors, insulated piping, and LED lighting. The smallest differences mattered, which is why motion sensors were put in place to limit energy use by office equipment. The results were telling. By 2010, an estimated 11,945 gallons of gasoline were being saved, the equivalent of planting 38 acres of trees. The jewel in the crown is a 454-kilowatt solar system that was installed in 2012. The array is positioned to capture maximum southern sun exposure and is strategically located out of sight from the estate. Initially projected to cover 75 percent of the winery’s electric needs, recent measurements show the panels could offset utility bills by 99 percent, a savings of $4.9 million over the next 30 years. Not all of John’s innovations cost or are designed to save millions. Take, for instance, the staff’s iPads. The rationale – to increase efficiency and productivity – has worked to perfection, says Viticulturist Brent Young. “It’s all about using the latest technology to elevate quality of the grapes,” Young told Wine Business Monthly, which dubbed Jordan “the iPad winery.” Despite a plethora of high-tech tools, the old ways definitely have a place at Jordan. Winemaking by-products are composted, not discarded. The kitchen staff grows many of its own vegetables. A rose garden now colors the hills. So do a long forgotten sight: cattle. When Tom and Sally Jordan first bought in the Alexander Valley, the high country was home to herds owned by the Foppiano and Passalacqua families. A small herd of Mexican Corrientes, crossed with Texas longhorns, now call the winery home. “Why shouldn’t we have our own branded beef?” John asks. “We’ve got wine. We’ve got olive oil. And we certainly have land.” So what’s next on the drawing board? The concept of an estate hotel has proven appealing. But John would only be willing to build one that meets the high standards already in place. “Everything people see taste, smell, or experience at Jordan reflects on the brand. And good experiences begin and end with staffing. There’s no end to these people’s ambition here,” he says. Keep in mind that John Jordan is not speaking about just his employees either. ]]> 8408 0 0 0 https://landreport.com/2013/02/farmland-prices-projected-to-keep-heading-north/ Tue, 05 Feb 2013 07:00:46 +0000 https://www.landreport.com/?p=8287 Bankers in the Seventh Federal Reserve District forecast continued demand for productive farmland as investors and farmers snap up every available parcel.  NATIONAL — TREND Neither Election Day uncertainties nor drought conditions slowed the nonstop rise in agricultural land values as ultra-low interest rates continue to spur investors to turn to hard assets. MIDWEST — FOCUS Iowa’s farmland values continued to lead the Seventh District, with a year-over-year increase of 18 percent for the third quarter of 2012. The year-over-year gain for the Seventh District agricultural land values was 13 percent – the smallest increase since 2010. According to the survey responses, the drought was predicted to more adversely affect the net farm earnings of livestock farm operators than those of crop farmers. According to the 223 responses provided for the October 1 survey, the Seventh District’s agricultural land values were expected to continue rising in the fourth quarter of 2012. For a copy of the complete AgLetter, go to www.ChicagoFed.org. ]]> 8287 0 0 0 https://landreport.com/2013/01/secretary-of-the-interior-salazar-to-step-down-in-march/ Thu, 31 Jan 2013 15:13:07 +0000 https://www.landreport.com/?p=8322 Secretary of the Interior Ken Salazar will step down and return to Colorado by the end of March. “I am forever grateful to President Obama for his friendship in the U.S. Senate and the opportunity he gave me to serve as a member of his cabinet during this historic presidency.” Under the banner of President Obama’s America’s Great Outdoors program, Interior has established ten national wildlife refuges and seven national parks since 2009; established forward-thinking protections for wildlife and preserved millions of acres of land; and implemented community-driven, science-based conservation strategies that take into account entire ecosystems and working landscapes. “We have established an enduring vision for conservation in the 21st century that recognizes all people from all walks of life.” During Salazar’s tenure, Interior has authorized 34 solar, wind, and geothermal energy projects on public lands totaling 10,400 megawatts — enough to power over 3 million homes. Salazar also oversaw solar energy development in the West and established the nation’s first program for offshore wind leasing and permitting in America’s oceans. “Today, the largest solar energy projects in the world are under construction on America’s public lands in the West, and we’ve issued the first leases for offshore wind in the Atlantic,” said Salazar. “I am proud of the renewable energy revolution that we have launched.” Photo Credit: W. Tyson Joye, National Park Service Click here to download a copy of the January 2013 newsletter. ]]> 8322 0 0 0 https://landreport.com/2013/02/where-the-yellowstone-goes/ Mon, 11 Feb 2013 07:00:10 +0000 https://www.landreport.com/?p=8331

  Now available on your iPad – a tour of the longest undammed river in the Lower 48.

  By Corinne Gaffner Garcia Last year, on a hot August day, four adventurous souls paddled their way down the longest undammed river in the Lower 48. From just outside Yellowstone National Park, they journeyed more than 500 miles down a stretch that few have experienced and fewer can imagine. Where the Yellowstone Goes, a newly released film available on iTunes and at Amazon.com, documents their voyage. Magnificent fly-fishing scenes mingle with lively sheep runs. Campfire conversation blends with compelling interviews. Say hello to the Cake Ladies, sisters living along the banks of the Yellowstone who bake more than 400 cakes a year for their community. Meet a retired schoolteacher who lives on a small island in the middle of the river. Rejoice with her as she nets her first catch since losing her husband, an avid fly-fisherman. Through these and many other introductions, Where the Yellowstone Goes offers insight into the ways this river exerts a powerful influence. People depend on it — for recreation, to relax, and for sustenance. Families enjoy a weekend of fishing. Farmers battle to maintain delicate riparian zones. Ranchers eye their waters. That’s the premise of Where the Yellowstone Goes, which pays tribute to one of the last intact corridors of water in America. The film gently reminds us why we must fight for the health of this and other great American waterways. Director Hunter Weeks (10 MPH, Ride the Divide) was inspired to make a film about Montana from the moment he moved to Bozeman. After learning about the Yellowstone from Montana native Robert Hawkins, Weeks hatched the idea of documenting this journey. “I was inspired by Montana, where the landscape still felt untouched,” Weeks says. “I’d known about the river in vague ways but thought that a project like this could teach us about the different stages of a river that covers this much territory.” From the headwaters at Younts Peak in the Teton Wilderness, the Yellowstone River runs through some of the most spectacular and remote sections of Yellowstone National Park. It travels through the pristine Thorofare section, dumps into Yellowstone Lake, and then winds through the scenic Hayden Valley, the Grand Canyon of the Yellowstone, and Black Canyon, before leaving the park in Gardiner, which is where the film begins. In the research phase, Weeks consulted with Michael Leach, an environmental educator who knows the Yellowstone well. “There is no more important river or watershed than the Yellowstone,” Leach says. “I think it’s the wildest, most pristine, intact river corridor we have left, and I think that makes it the most significant and important in the U.S.” Many people know that Yellowstone was the country’s first national park. It is still the most popular. Yet the Yellowstone River and its importance are relatively unknown, even to locals. “Initially I saw it as a cool hook for a film – a long river trip on the longest undammed river,” Weeks says. “Then I learned about the environmental concerns there, and thought about what it all really means.” What Weeks learned, with help from Mike Sprague of Trout Headwater Inc., is that the Yellowstone River can serve as a great example of rivers everywhere. “I realized that many of the concepts we were to look at through this film would apply to many different areas,” Weeks says. “And that was very appealing.” After discussing the project in depth, Sprague jumped on board as the marquee sponsor. “I thought it was a great idea,” Sprague says. “We didn’t make this to generate revenue; we thought it fit with many of the things our company cares about.” Along with financial support, Sprague was able to offer his knowledge of water systems to the planning process. Weeks signed on more sponsors, carefully selected a small group of river runners to serve as boat guides and cast members, and away they went. The Yellowstone is a far cry from the waterway Lewis and Clark first explored in 1805. That became especially apparent last July when an ExxonMobil oil pipeline ruptured. Weeks and his team embarked a month later. This ecological disaster features prominently in the film as landowners explain how the spill has affected their lives and their livelihood. During these clips, cleanup crews keep a watchful eye on the boats and camera crews. Episodes such as the ExxonMobil spill are part of the dynamic that makes the Yellowstone, and other rivers, ever-evolving resources. “I think change is constant, and the Yellowstone will change,” Sprague says. “It’s up to us and to future generations to decide how it changes and how we conserve or protect this resource.” Sprague’s goal in backing the film is much the same as his mission with Trout Headwaters: to help landowners improve and enhance the health and well-being of their water systems. (See “The Driving Force of All Nature? Water!” Land Report Summer 2012.) Sprague feels it imperative that landowners and other vested parties work together to better our waters. “We all share the resource – that’s the wonderful thing about water – so many people have spent time around it and depend on it, and that will only grow over time. Based in Bozeman, Montana, Corinne Garcia freelances for Marie Claire and Country Living.]]> 8331 0 0 0 https://landreport.com/2013/02/land-report-february-2013-newsletter/ Fri, 15 Feb 2013 07:00:03 +0000 https://www.landreport.com/?p=8385 Landowners coast to coast are applauding the efforts of Ag Secretary Tom Vilsack and U.S. Trade Representative Ron Kirk. Their achievement? Getting Asia's largest beef importer to ease restrictions on American cattle. In 2003, the Land of the Rising Sun closed the door on all U.S. beef following the discovery of a single instance of bovine spongiform encephalopathy (BSE) in Washington State. It took a decade but the Japanese Ministry of Agriculture, Forestry and Fisheries has relented and is allowing more U.S. beef to be exported to Japan. Our February newsletter features more details on this crucial news that will positively impact landowners, cattlemen, and beef companies nationwide. Also available is a link to the Agreement itself. For up-to-the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, and Pinterest.]]> 8385 0 0 0 https://landreport.com/2013/02/japanese-eases-import-restrictions-on-u-s-beef/ Mon, 25 Feb 2013 07:00:56 +0000 https://www.landreport.com/?p=8436 HERE. ]]> 8436 0 0 0 https://landreport.com/2013/03/lands-best-friend-the-gentlemans-bird-dog/ Fri, 01 Mar 2013 07:00:25 +0000 https://www.landreport.com/?p=8464

  This Brit is a natural in all respects.

  More than one pointer aficionado has told me, “I’m a pointer man forever, but the best all-around shooting dog I ever saw was an English setter.” This breed most likely developed from various land spaniels common in Europe in the late 14th century. Some historians credit the crossbreeding of the Spanish pointer, the water spaniel, and the springer spaniel as the source. Regardless, setters came by their name honestly, crouching on their bellies or “setting” as soon as they located game. Gradually, as firearms replaced the net as the bird hunter’s tool of choice, selective breeding raised the setter’s crouch to the rigid stance we now call a point. In 1825, an Englishmen named Edward Laverack established a line-breeding program that produced a tall, big-boned, heavy-headed, well-feathered setter type favored in the show ring. Half a century later, R.L. Purcell Llewellin bred a pair of Laverack dogs to smaller setters from northern England. It was these dogs — the lighter, more athletic decedents of Llewellin’s — that form the foundation of the modern field setter. The modern English setter has all the class of the best pointers, and its beauty is unsurpassed. Although the setter is most associated with bobwhite quail, those bred from close-working lines are also popular with woodcock and grouse hunters. True to their spaniel heritage, most well-bred setter pups are natural retrievers. Do:
  • Start your pup play-fetching by 8-10 weeks of age.
  • Make your setter a member of the family.
  Don’t:
  • Rush or pressure your pup. Setters mature more slowly than pointers.
  • Use harsh training methods. Setters tend to be sensitive.
  Download the digital version of The Land Report’s Winter 2012 magazine.]]> 8464 0 0 0 https://landreport.com/2013/03/land-report-100er-acquires-dana-ranch/ Mon, 04 Mar 2013 07:00:38 +0000 https://www.landreport.com/?p=8473 Dana Ranch. The transaction was announced by listing broker David Johnson of Hall and Hall. The Killam family, which ranked No. 45 on the 2012 Land Report 100, will add to ranch holdings in Texas, Kansas, and Nebraska. The Dana Ranch runs on nearly 60,000 acres (45,058 deeded) and boasts extraordinary wildlife and fishery resources. “Hall and Hall has represented many of the finest ranches that have changed hands over the last 60 years and we’ve never seen a better combination cattle and recreational ranch in the Rocky Mountain West. David Killam has won numerous awards for habitat and conservation management. He is the perfect owner to continue its legacy,” said Johnson.]]> 8473 0 0 0 https://landreport.com/2013/03/land-report-march-2013-newsletter/ Fri, 15 Mar 2013 07:00:30 +0000 https://www.landreport.com/?p=8533 Spring is off to a strong start, and this month's Newsletter has the data to prove it. I spoke with Scott Shuman at Hall and Hall Auctions about the $4 million sale of more than 2,000 acres just outside of Dallas on March 7. His words to me? "If anyone needs any proof that there's a ton of money sitting on the sidelines looking for a solid investment opportunity, this sale proves it." Turn to page 3 for more on the TRBP Ranch auction, which was offered by Hall and Hall Auctions in conjunction with Hortenstine Ranch Company. There is a strong emphasis on federal policy in our March Newsletter. In addition to an update on last year's record crop insurance payouts, which now total a staggering $15 billion, landowners may want to take a closer look at possible grants currently available from the Natural Resources Conservation Service. For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, and Pinterest.]]> 8533 0 0 0 https://landreport.com/2013/03/land-report-top-ten-march-2013/ Mon, 18 Mar 2013 07:00:48 +0000 https://www.landreport.com/?p=8546 From the Pacific to the Northeast, here are America’s priciest properties, led by Walton Ranch in Wyoming, which is listed with Ranch Marketing Associates for $100 million. 1. Walton Ranch: $100 million This 1,848-acre working cattle ranch was pieced together by the Walton family beginning in 1958. The family placed the ranch under conservation easement in 1983. Billy Long and Ron Morris of Ranch Marketing Associates have the listing. 2. Big Homer’s Pond: $92 million Located in the town of West Tisbury on Martha's Vineyard, Big Homer’s Pond is comprised of 266 acres and includes ownership of all developable waterfront, exclusive rights for building on Big Homer’s Pond, and exclusive rights to private oceanfront lying to the east of Long Point Wildlife Refuge. Wallace & Co. Sotheby’s International Realty has the listing. 3. Broken O Ranch (Texas): $81 million Located in Boerne, Texas, the historic Broken O Ranch is one of Texas’ finest ranches on the market today. Featuring breathtaking views that only the Texas Hill Country has to offer, this ranch is also home to an array of wildlife. Trip duPerier with duPerier Texas Land Man, LLC has the listing. 4. Ranch Dos Pueblos: $79 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, it’s one of the largest remaining ranches along the breathtaking Gaviota Coast. Kerry Mormann & Associates has the listing. 5. Four Peaks Ranch: $75 million Nestled in the Rocky Mountains, just outside Aspen, Four Peaks Ranch (pictured above) presents a rare opportunity to own a quintessential mountain paradise. Totaling 876 acres, the 18,000 sq. ft. home on this property features unparalleled views of Mt. Sopris, Mt. Daly, Capital Peak and Snowmas. Joshua & Co. has the listing. 6. Dillingham Ranch: $65 million Located in Mokuleia, on the North Shore of Oahu, Hawaii, this historic 2,700 acre estate offers all of the charms and essence of Hawaii, from white sandy beaches to mountain terrain and acres of open green space scattered with coconut trees, monkey pods, and rare plant species indigenous to Hawaii. Zackary Wright with Christie's International Real Estate has the listing. 6. Sagg Pond Estate: $65 million Located in one of the Hamptons’ most exclusive enclaves on the banks of the tranquil Sagg Pond, this 33-acre waterfront estate is bordered by dozens of acres of protected land, ensuring privacy and pristine conditions for generations to come. Debbie Loeffler of the Corcoran Group has the listing. 8. Big Creek Ranch: $59.9 million Only eight miles from Steamboat Springs, 5,034-acre Big Creek Ranch offers rainbow and brook trout fishing along five miles of Big Creek as well as a half-mile of the Elk River. National forest borders 85 percent of the property, offering easy access to an additional 150,000 acres of pristine wilderness, including world-class trout fishing and hunting for elk and mule deer. A mix of forest and meadows provides ideal wildlife habitat and summer pasturage. Listed by Ron Morris and Billy Long of Ranch Marketing Associates. 9. Rosenthal: The Malibu Estate & Vineyard: $59.5 million Situated 1,400 feet above the coastal fog and four miles from the beach, Rosenthal: The Malibu Estate & Vineyard offers a rare, private wine country lifestyle. Featuring a fully operational vineyard and winery, this Malibu Estate is one of the most sought after properties on the market today. Listed with Kerry Mormann & Associates. 10. Rockpile Ranch: $54.5 million For only the third time in over a century, this 55,374-acre cattle ranch in the Davis Mountains of Far West Texas is on the market. Since 1992, the Rockpile has been owned by McCoy Remme Ranches (No. 39 on the 2012 Land Report 100). James King of King Land and Water is the listing agent. Click HERE to download a copy of the March 2013 newsletter.]]> 8546 0 0 0 https://landreport.com/2013/03/nrcs-to-provide-up-to-25-million-to-fund-innovation/ Mon, 25 Mar 2013 07:00:27 +0000 https://www.landreport.com/?p=8576 The USDA’s Natural Resources Conservation Service will provide up to $25 million in grants to help develop and demonstrate cutting-edge ideas that will improve conservation on private lands. “These grants are critical for developing and demonstrating out-of-the-box ideas for conservation on America’s private lands and strengthening rural communities,” says NRCS Acting Chief Jason Weller. “They inspire creative problem-solving that boosts the production of our farmers and ranchers and ultimately improves our water, air and soil.” Photo courtesy of USDA Natural Resources Conservation Service.]]> 8576 0 0 0 https://landreport.com/2013/03/sold-dallas-trbp-ranch/ Wed, 27 Mar 2013 07:00:18 +0000 https://www.landreport.com/?p=8594 A 2,198-acre property located 17 miles from downtown Dallas sold for $4 million at auction on March 7 to an oil company supply executive from Dallas. The sale was attended by roughly 50 people with 15 registered bidders. The property was offered in its entirety or in tracts ranging from 31 to 1,054 acres by Hall and Hall Auctions in conjunction with Hortenstine Ranch Company. Located three miles south of Lake Ray Hubbard Dam, the property encompasses more than five miles of Trinity River frontage. “We are very pleased with the outcome of the auction,” said Scott Shuman of Hall and Hall Auctions. “The property is only a few minutes from downtown and very secluded, so the interest was quite high.”]]> 8594 0 0 0 https://landreport.com/2013/03/the-land-report-spring-2013/ Fri, 15 Mar 2013 07:00:43 +0000 https://www.landreport.com/?p=8618 An exceptional amount of research went into our Spring issue. To begin with, there is our third annual survey of America's Best Brokerages, which features an in-depth look at the leading firms that specialize in land. In addition, there is not one, not two, but three Deals of the Year! The first is the 2012 Conservation Deal of the Year: the sale of the Devils River Ranches in Val Verde County, Texas. The second is the 2012 Public Lands Deal of the Year: the sale of the Moriah Ranch in Albany County, Wyoming. Last but not least is the 2012 Land Report Deal of the Year: the sale of Montana's Broken O Ranch. For more up to the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow The Magazine of the American Landowner on Facebook, Twitter, and Pinterest.]]> 8618 0 0 0 https://landreport.com/2013/04/broken-o-ranch-sale-named-2012-land-report-deal-of-the-year/ Mon, 15 Apr 2013 07:00:44 +0000 https://www.landreport.com/?p=8634 The Land Report in 2012, and three trends stand out: 1) Legacy properties continue to command a premium. Witness Larry Ellison’s mega-million-dollar purchase of the island of Lanai. 2) The market continues to crave income-producing properties, especially productive farmland. 3) America’s leading landowners view stewardship as a critical element of their trust. Witness Louis Moore Bacon’s remarkable conservation gift, which led to the creation of the Sangre de Cristo Conservation Area. One transaction encompassed all three of these elements: the sale of Montana’s historic Broken O Ranch. The history of the Broken O predates statehood. Its legacy is peerless. And its capacity to produce cattle and prodigious amounts of grain is matchless. When these 124,000 acres changed hands in November, one passionate, innovative businessman assumed an imposing mantle that had been meticulously crafted by a peer from an earlier era. For these and so many other reasons, the Magazine of the American Landowner is proud to designate the sale of the Broken O as the 2012 Deal of the Year. Located along a 20-mile stretch of the Sun River, the roots of the Broken O reach deep — to the days of the Montana Territory. Its current incarnation was masterminded by Bill Moore, founder of the country’s largest privately owned paint company, Kelly-Moore. What began in the 1980s with Moore’s acquisition of a single ranch property along the Sun River evolved into what Forbes described as “one of the largest agricultural operations in the Rocky Mountain West.” The Broken O’s new owner — Stan Kroenke — is no stranger to the land either. Kroenke ranked No. 10 on the 2012 Land Report 100; among his other ranch holdings is the largest contiguous ranch in the Rocky Mountains, the 540,000-acre Q Creek Ranch. “Stan looks for quality,” says Kroenke’s broker, Joel Leadbetter of Hall and Hall. “The Broken O is so diversified with agricultural and recreational opportunities, and it’s such a large continuous landscape. That’s rare these days. The Broken O also complements and enhances the attributes of Stan’s other ranches and their operations.” The rich and alluring history of the Broken O Ranch dates back to the 1800s, a time when cattlemen of the Lonesome Dove era ventured west to tame vast sprawling landscapes. One of those intrepid hopefuls was Daniel Flowerree, a Missourian who made his fortune in Montana’s gold fields. After settling in the Sun River Valley, his Flowerree and Lowry Cattle Company boomed, running as many as 40,000 head. Then a series of brutal winters took a bitter toll. Shortly after the turn of the twentieth century, Flowerree’s ranch was acquired by the Teton Land Company. In the decades that followed, the operation eventually grew into one of the largest cattle operations in the West. In 1945, John Hamilton of Hamilton Beach appliances purchased it. Bill and Desiree Moore bought the Hamilton Ranch in 1988. One of Moore’s next acquisitions was a neighboring tract, the Freeman Ranch. He would forge a deep, long-lasting bond with the family. Dan Freeman became a close friend and Bill’s right-hand man. Over the ensuing two-decade span, Bill Moore and Dan Freeman worked in concert, assembling more than 20 blocks of land and building the enormously successful ranching and agricultural enterprise that is in place today. “As his ranch manager for more than 20 years, Dan brought Bill’s dreams and his passions to fruition. It was a rare combination,” says Mike Swan, the seller’s broker. Swan, who was affiliated with the leading firm of Bates Sanders Swan Land Company throughout the marketing and sale of the Broken O, announced the formation of Swan Land Company in February 2013. The Broken O is its own hedge fund,” Swan says. “Production is at such a massive scale that any one of the individual entities could make a tremendous agricultural operation independently.” In addition, the Broken O features a matchless recreational component. Twenty miles of Sun River create an immense resource not only for fish but also for waterfowl, upland birds, mule deer, and elk. Thanks to the Sun River and other historic rights that date back more than a century, the Broken O is the largest private water rights owner in the State of Montana. The ranch also enjoys close proximity to “the Bob.” At more than 1.5 million acres, the renowned Bob Marshall Wilderness is one of the largest wilderness areas in the Lower 48. Along with building an agricultural empire, Moore also built a reputation as a steward of the land. He improved the ranch’s extensive pastures by planting native grasses. Moore placed three conservation easements on approximately 9,700 acres along the Sun River corridor. The Moores eventually became a mainstay of the community, employing a large number of locals, funding a community center in nearby Augusta, and donating to local schools and charities. Kroenke is also no stranger to land stewardship. “Stan bought his first ranch in 1997, and balance has always been important to him,” Leadbetter says. “He looks at everything: the business, ecosystem, fishery, wildlife, and landscape. He always strives to be a very good steward while running sustainable ag operations.” A deal of this size requires a tremendous amount of preparation. Swan spent months working with Freeman and the seller’s legal team to prepare volumes of due diligence material, including inventory lists, equipment and cattle documentation, background information on 27 houses, soil reports, land title commitments in three counties, information about water rights, state and federal land leases, grazing permits, gravel permits, DEQ permits, conservation easements, and hunting leases, to name a few. “The preparation was instrumental to the successful transaction,” Swan says. “Our goal was to package the ranch to the point that when the buyer came through the door, everything they needed to know about the Broken O was at their fingertips.” And interested buyers did come knocking, including private investors and investment funds as well as corporate entities. As luck would have it, Leadbetter and Swan are both based out of Bozeman; the two know each other quite well. “We both grew up on ranches in Southwest Montana and have ag backgrounds,” Swan says. “We were working with a buyer and a team that understood the materials we provided and spoke the same language. That was paramount to the transaction.” Of equal importance was that Leadbetter’s client instantly recognized the sterling qualities of the Broken O. “Stan looked it over, and he knew he wanted it,” Leadbetter says. “He’s that kind of guy – very bright – and wants to continue that legacy of innovative agriculture and enjoy the wildlife and fishing and all that the Broken O has to offer.” An especially rewarding aspect only became apparent after the closing. The central character was not present, but his legacy continues. “It is a blessing we were able to sell the ranch to an individual of Stan Kroenke’s commitment to agriculture and land stewardship. My sense is that this transition will not only see a continued commitment to the current agricultural operation that William Moore established, but a continual enhancement and improvement of the ranch overall. I’m sure if Bill Moore were alive today, he would be pleased.” Swan says.]]> 8634 0 0 0 https://landreport.com/2013/04/drought-fails-to-stem-rising-values/ Sun, 14 Apr 2013 07:00:34 +0000 https://www.landreport.com/?p=8677 Using responses from 232 banks, the Kansas City Fed presented its survey of Agricultural Credit Conditions covering the fourth quarter of 2012. A selection of observations by some of these bankers follows: “Almost all recent auctions were sold to the largest farmers in the area wanting to get bigger. The buyers are strong, and most are cash sales.” — Northwest Missouri “Crop insurance checks are a big part of financial statements in this area.” — Northeast Nebraska “Lenders are competing hard for good loans.” — Eastern Kansas “Pasture conditions are very poor, and livestock producers will continue to struggle without significant rainfall.” — Southeast Colorado “Many young farmers have difficulty purchasing real estate at these higher prices.” — Southeast Colorado “This area continues to see the effects of the 2012 drought mainly in high prices for livestock forage.” — Central Wyoming Read the complete report at www.KansasCityFed.org. Download the digital version of The Land Report’s Spring 2013 magazine.]]> 8677 0 0 0 https://landreport.com/2013/04/2012-conservation-deal-of-the-year-devils-river-ranches-val-verde-county-texas/ Mon, 15 Apr 2013 07:00:02 +0000 https://www.landreport.com/?p=8711 8711 0 0 0 16465 http://texashillcountryranches.com 0 0 https://landreport.com/2013/04/2012-public-lands-deal-of-the-year-moriah-ranch-albany-county-wyoming/ Mon, 15 Apr 2013 07:00:09 +0000 https://www.landreport.com/?p=8716 Talk about a match made in heaven …. On a hunting trip to Wyoming, Stuart Phillips first caught wind of the 14,000-acre Moriah Ranch. A generic description of the Moriah would list it in the rolling foothills of the Laramie Mountains. A more accurate description would single out its location in Area 7, perhaps the best trophy elk unit in the state. Herds of 300-plus elk roam the ranch with many 350- to 400-class bulls on record. The avid outdoorsman had to see it for himself. “It was mid-November, and there was a dusting of snow. I took a few steps and saw a mountain lion track,” he says. “That’s what sealed the deal.” Soon after buying the Moriah, his wife, Robin, an accomplished watercolorist, turned the ranch bunkhouse into a studio. Beginning in 2003, the couple spent three to four months a year at the ranch, enjoying the recreational opportunities with their two sons. It was a magical place, one they believed would stay in the family. But, according to Phillips, God had a different plan. The couple was actively involved World Vision, a Christian humanitarian organization founded in 1950 that focuses on bettering the lives of children around the world. Both Stuart and Robin had read The Hole in Our Gospel by World Vision CEO Rich Stearns. When Stuart picked up the book a second time during some quiet time on the ranch, something came over him. “God asked me, ‘What possession do you value most?’” he recalls. “The ranch was the obvious answer. He also asked me, ‘Given the resources you have, how does that compare to the hunger in the world?’” After a heartfelt conversation with Robin, the couple decided that their next step would be to sell their beloved ranch. The Phillipses chose Dave and Hunter Harrigan of Harrigan Land Company as their broker. Based on years of experience hunting and fishing, the Harrigans listed the Moriah at $11.7 million. “This was the recession, and right away we got a very strong offer from a qualified buyer,” Hunter says. “But Stuart was not in a hurry. He wanted to make the right choice.” That’s when the State of Wyoming came calling. Back in 1890, Washington deeded federal lands to the 44th state to be used to generate funds for public schools and other institutions. To date, Wyoming retains 3.5 million surface acres and 3.9 million mineral acres in this trust. After analyzing a dozen different ranches, the Moriah was deemed a perfect fit. “We knew the public wanted greater access to hunting and fishing,” says Ryan Lance, Director of the Wyoming Office of State Lands and Investments. “But more importantly, we looked at revenue-generating opportunities such as grazing, the ability to lease for wind development, and opportunities for agricultural growth.” A deal was struck. Today, the public now hunts and fishes on the ranch, the state has additional income from a grazing lease, and students from the University of Wyoming are studying the Moriah’s rich Native American heritage. To Stuart and Robin Phillips, this was exactly what God had in mind. How many school kids are better off because of their sacrifice? How many outdoorsmen can now experience their beloved ranch? And what of the poverty that can been alleviated by their gifts to World Vision and other charities? “When it first happened, it felt like a tragedy, but in time it felt like a love story,” Stuart says. “God was asking us to give up something great for something greater. To God be the glory.”]]> 8716 0 0 0 https://landreport.com/2013/04/land-report-april-2013-newsletter/ Mon, 15 Apr 2013 07:00:59 +0000 https://www.landreport.com/?p=8722 It's amazing - the yarns that can be shared about certain tracts of real property. Our April Newsletter takes a closer at several standout stories, including one that I am quite confident is destined to end up before the Supreme Court in a year or two. Why? The two states involved have been disputing their boundary for only the last 195 years. Also in our April Newsletter you'll find the story of an Oregon Senator who is considering a shift in federal management of certain timberlands. Meanwhile the Texas Legislature is currently embroiled in how best to combat the drought that has plagued much of the Lone Star State. Last but not least, an uptick in the housing market has brought renewed activity to North American forests. Learn more as one of America's largest landowners gears up for increased lumber sales. For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, and Pinterest.]]> 8722 0 0 0 https://landreport.com/2013/04/occupied-georgia-the-focus-of-new-resolution/ Tue, 23 Apr 2013 15:13:14 +0000 https://www.landreport.com/?p=8736 One of the country’s most contentious water wars is raging on into its third century, and it shows no signs of abating. In 1802, Congress decreed the 35th parallel to be the boundary between Tennessee and Georgia. As fate would have it, the surveyors who were tasked with mapping this boundary made a minor miscalculation, one fraught with enormous significance. As originally surveyed, the Georgia–Tennessee line runs approximately a mile south of the Tennessee River through Marion County, Georgia. As decreed by Congress, however, the state line is the river itself. Because of this error, the Peach State has no access (or right) to the abundant waters of the mighty Tennessee. Given the severe drought conditions that have plagued Georgia over the last few years, it should come as no surprise that the Georgia Senate recently passed a resolution by a 48-2 vote calling for a correction of this survey. At the heart of the dispute is a tiny tract of approximately 1,000 acres in Tennessee known as Occupied Georgia. House Resolution 4 proposes a settlement of the boundary dispute. If no agreement is reached, the resolution also directs Georgia’s Attorney General to commence litigation and sue for the entire area south of the 35th parallel, which encompasses more than 68 square miles, several townships, and substantial Tennessee River frontage. Photo Credit: Taylor Berman on Gawker ]]> 8736 0 0 0 https://landreport.com/2013/04/housing-rebound-revives-timber-industry/ Tue, 30 Apr 2013 07:00:14 +0000 https://www.landreport.com/?p=8788 Los Angeles Times. California-based Sierra Pacific is a third-generation forest products company that is owned by the Emmerson Family, which ranked third on the 2012 Land Report 100 with holdings of 1.84 million acres. “The low interest rates for housing are helping. We are seeing an uptick in demand for windows, a lot of which go into remodels of homes,” said Pawlicki. Read more HERE.]]> 8788 0 0 0 https://landreport.com/2013/05/texans-debate-water-development/ Tue, 07 May 2013 07:00:18 +0000 https://www.landreport.com/?p=8817 Politicians in the drought-prone Lone Star State are duking it out over a possible $2 billion funding allocation to the Texas Water Development Board, an entity that is tasked with developing water-supply projects such as reservoirs and pipelines. Presently, the agency’s loan portfolio is at its highest level ever — $5.8 billion. According to supporters, a $2 billion injection from the Texas Rainy Day Fund could be leveraged into $27 billion in water-related infrastructure over the next 50 years. Critics contend that the requisite accountability isn’t in place.]]> 8817 0 0 0 https://landreport.com/2013/05/oregons-senator-ron-wyden-considering-land-transfer/ Tue, 14 May 2013 07:00:01 +0000 https://www.landreport.com/?p=8859 8859 0 0 0 https://landreport.com/2013/05/lands-best-friend-the-vizla/ Mon, 20 May 2013 07:00:52 +0000 https://www.landreport.com/?p=8881

  Versatile and handsome, the Vizla is a hard-working retriever that is a favorite of hunters and their families.

  Many centuries have passed since the Magyars lorded over Central Europe. These fearsome warriors were also accomplished hunters, and they recognized that game birds were most easily netted when they were located before flushing. Given the value of a hunting dog that hesitates before pouncing, the Magyars developed a powerful, bobtailed pointing dog with a short, dense, reddish coat – the rootstock for the modern Vizsla. Vizslas are close to medium-range workers and excellent retrievers. American hunters have long favored the breed for hunting grouse and woodcock as well as bobwhites in tight cover. Like other versatile breeds, Vizslas will drop their noses and trail ground scent – a trait that endears them to hunters of pheasants, desert quail, and other birds that run more often than hold. Vizslas are strong, enthusiastic swimmers, always happy to fetch waterfowl from creeks, ponds, and other modest waters. Vizslas form tight bonds and thrive on affection. Locked away and ignored, they’re apt to be noisy and destructive. Your Vizsla will bust brush all day, then lay her head in your lap and snooze on the drive home. Do:
  • Treat your Vizsla pup like a member of the family.
  • Choose pups only from proven working stock.
  • Take your pup for field romps as soon as she’s completed a course of inoculations.
  Don’t:
  • Resort to harsh training methods. Vizslas tend to be sensitive.
  • Expect your Vizsla to retrieve from rough, icy water best left to a Labrador retriever.
  • Introduce gunfire until your pup is searching boldly.
  Download your digital version of the Spring 2013 edition of The Land Report.]]> 8881 0 0 0 https://landreport.com/2013/05/sporting-ranch-capital-fund-1/ Wed, 29 May 2013 07:00:36 +0000 https://www.landreport.com/?p=8901 As land values plummeted during the Great Recession, Jay Ellis smelled opportunity. Although fewer properties were being traded and many markets had grown soft, recreational tracts, particularly those with significant water features, were retaining their value far better than others. “Coming out of the global financial crisis, I knew this would be the best opportunity in my lifetime to start a fund. Land values were depressed, but buyers were still shelling out top dollar for the most desirable sporting properties,” he says. An avid angler, Ellis has fished in the shadows of the Rocky Mountains his entire life. His goal was to combine this passion with the once-in-a-lifetime opportunity that was presenting itself and launch a fund that targeted undervalued properties. The lone caveat? They possess significant water features. In his previous life, Ellis had been a Wall Street hotshot. Ellis opened Morgan Stanley’s institutional sales office in Dallas. His non-stop, brassy banter ideally suited to a trading desk. As fate would have it, one of his top clients at Morgan Stanley was legendary energy entrepreneur T. Boone Pickens. Pickens of course has a profound understanding of land-based resources. An ardent conservationist and a lifelong bird hunter, he was honored as The Land Report's inaugural Legacy Landowner last year. Ellis approached Pickens with his idea, and, after several rounds of negotiation, a partnership was forged. Last May, at the 2011 Land Report Broker Summit at Pickens’ Mesa Vista Ranch, the formation of Sporting Ranch Capital was announced to the nation’s leading brokers. Simultaneously, it debuted online at www.sportingranchcapital.com. Right out of the gate, Ellis identified a perfect fit. In August, the newly minted fund acquired Hidden Lake Ranch, a 760-acre parcel approximately 20 miles from Pagosa Springs, Colorado. The fund’s first acquisition included five lakes and more than two miles of Weminuche Creek (pictured above). Dan Murphy, a local broker with 27 years of experience in Southern Colorado and Northern New Mexico, characterized the acquisition by Sporting Ranch Capital as “the best buy in this valley in the last two decades.” Ellis this contracted with CFI Global, a leader in stream restoration management, to study Hidden Lake’s water features and to undertake a comprehensive plan for their rehabilitation, including biological data collection, water quality monitoring, basin hydrology research and historical flow analysis. This summer, CFI Global will begin executing that plan. When completed, Ellis anticipates that the fly-fishing at Hidden Lake Ranch will compare with any experience on Colorado’s Western Slope. Less than 60 days after closing on Hidden Lake Ranch, Sporting Ranch Capital made a second acquisition: Woods Creek Ranch in Idaho’s Teton Valley. Situated just three miles from the Driggs Airport and half an hour from Jackson Hole, the ranch’s mile-plus stretch of private spring creek fishery is home to native Yellowstone cutthroat trout as well as brook trout. Woods Creek Ranch also features superb waterfowl hunting on enhanced wetlands; the barley fields on this quarter-section are ideal terrain for upland birds as well as deer and moose. “A buyer would be hard pressed to find a parcel in such a desirable market that possesses such diversity in a 160-acre package,” say Carlos Ordonez of Live Water Properties. Ordonez has worked with the fund on several acquisitions, including Woods Creek Ranch. As the fourth quarter began to wind down, a third property, the 518-acre Chama Ranch in Northern New Mexico, was added to the fund’s portfolio. The ranch already has five professionally enhanced lakes and excellent fishing along the fabled Rio Chama. Ellis believes that with the proper execution, he can elevate its waters to gold-metal status. But three acquisitions were just a start. As 2012 wound down, Sporting Ranch Capital made a final buy: a 204-acre parcel owned by the LDS Church on the Upper Provo River just east of Salt Lake City, Utah. Ellis has already brought on seasonal consultants to navigate the permitting process. Once again, Shannon Skelton at CFI Global has been brought on board to enhance the fishery of the property. Due to the abundance of water, Skelton is already calling the Upper Provo “his signature project.” With four properties in its portfolio and a fifth in the works, Sporting Ranch Capital is poised to close Fund I at the end of the first quarter with approximately $30 million in invested capital. It goes without saying that Ellis is full steam ahead on Fund II. Despite the volume of improvements being undertaken on each of the properties, all are slated to be on the market by Labor Day this year. Given the superb condition of the Chama Ranch, however, Ellis believes it can be actively marketed as soon as this summer. Thanks to its innovative strategy, an iconic backer, and an investor roster that reads like a Who’s Who in corporate America, The Wall Street Journal and Barron’s have already picked up the story of this first-to-market ranch fund. Ellis’s goal for year two? Double-digit returns — and plenty of fly-fishing this summer. Download your digital version of the Spring 2013 edition of The Land Report.]]> 8901 0 0 0 https://landreport.com/2013/05/land-report-may-2013-newsletter/ Wed, 15 May 2013 07:00:11 +0000 https://www.landreport.com/?p=8922 Got time to peruse our May Newsletter? You'll find a wealth of hard-hitting facts and figures at your disposal, including the latest survey from the Chicago Fed on farmland values in the Midwest. Needless to say, land values in the Corn Belt are continuing to rise at an impressive clip. Considering an investment in ag land? Then get the lowdown on next month's auction of O'Dell Farms, more than 2,400 acres in Clay County, Missouri, just outside of Kansas City by Hall and Hall Auctions. Our May Newsletter also brings you the latest on Larry Ellison's multi-million-dollar acquisition of the Pineapple Island in 2012. The Oracle CEO is already changing the face of Lanai - for the better. For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, and Pinterest.]]> 8922 0 0 0 https://landreport.com/2013/06/coca-cola-commits-2-billion-to-citrus-growers/ Tue, 04 Jun 2013 07:00:51 +0000 https://www.landreport.com/?p=8944 HERE. ]]> 8944 0 0 0 https://landreport.com/2013/06/chicago-fed-reports-15-percent-increase/ Tue, 11 Jun 2013 07:00:31 +0000 https://www.landreport.com/?p=8965 8965 0 0 0 https://landreport.com/2013/06/larry-ellison-gets-green-light-on-lanai/ Tue, 18 Jun 2013 07:00:32 +0000 https://www.landreport.com/?p=8996 Photo Credit: Wall Street Journal]]> 8996 0 0 0 https://landreport.com/2013/06/land-report-june-2013-newsletter/ Sat, 15 Jun 2013 07:00:55 +0000 https://www.landreport.com/?p=9023 Summertime is upon us. Time to get out and scout the land! From coast to coast, a lot of properties are at their best this time of year, and, as you’ll see in our June Newsletter, there are plenty of transactions closing, including timberland, farmland, ranchland, and recreational properties. For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, and Pinterest.]]> 9023 0 0 0 https://landreport.com/2013/06/land-report-top-ten-june-2013/ Thu, 27 Jun 2013 07:00:24 +0000 https://www.landreport.com/?p=9032 From the Pacific to the Northeast, here are America’s priciest properties, led by the historic Broken O Ranch in Texas, which is listed with The duPerier Texas Land Man for $81 million. New to the list is Rana Creek Ranch in southern California and Winding Stair Ranch in Oklahoma (pictured above). 1. Broken O Ranch (Texas): $81 million Located in Boerne, Texas, the historic Broken O Ranch is one of Texas’ finest ranches on the market today. Featuring breathtaking views that only the Texas Hill Country has to offer, this ranch is also home to an array of wildlife. Trip duPerier with duPerier Texas Land Man, LLC has the listing. 2. Ranch Dos Pueblos: $79 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, it’s one of the largest remaining ranches along the breathtaking Gaviota Coast. Kerry Mormann & Associates has the listing. 3. Four Peaks Ranch: $75 million Nestled in the Rocky Mountains, just outside Aspen, Four Peaks Ranch presents a rare opportunity to own a quintessential mountain paradise. Totaling 876 acres, the 18,000 sq. ft. home on this property features unparalleled views of Mt. Sopris, Mt. Daly, Capital Peak and Snowmas. Joshua & Co. has the listing. 4. Walton Ranch: $68.7 million This 1,848-acre working cattle ranch was pieced together by the Walton family beginning in 1958. The family placed the ranch under conservation easement in 1983. Billy Long and Ron Morris of Ranch Marketing Associates have the listing. 5. Sagg Pond Estate: $65 million Located in one of the Hamptons’ most exclusive enclaves on the banks of the tranquil Sagg Pond, this 33-acre waterfront estate is bordered by dozens of acres of protected land, ensuring privacy and pristine conditions for generations to come. Debbie Loeffler of the Corcoran Group has the listing. 6. Rana Creek Ranch: $59.95 million Located seven miles east of the Carmel Valley Village in California, this 12 parcel historic ranch encompasses approximately 14,000 acres. Features include: owner, manager and staff residences, cattle grazing (400-450 head), operations and ag buildings, and a private air strip. Suzanne Perkins of Sotheby’s International Realty — Santa Barbara has the listing. 7. Big Creek Ranch: $59.9 million Only eight miles from Steamboat Springs, 5,034-acre Big Creek Ranch offers rainbow and brook trout fishing along five miles of Big Creek as well as a half-mile of the Elk River. National forest borders 85 percent of the property, offering easy access to an additional 150,000 acres of pristine wilderness, including world-class trout fishing and hunting for elk and mule deer. A mix of forest and meadows provides ideal wildlife habitat and summer pasturage. Listed by Ron Morris and Billy Long of Ranch Marketing Associates. 8. Rockpile Ranch: $54.5 million For only the third time in over a century, this 55,374-acre cattle ranch in the Davis Mountains of Far West Texas is on the market. Since 1992, the Rockpile has been owned by McCoy Remme Ranches (No. 39 on the 2012 Land Report 100). James King of King Land and Water is the listing agent. 9. Winding Stair Ranch: $51.3 million As one of Oklahoma’s largest contiguous ranches, Winding Stair Ranch is an outstanding working cattle ranch that runs both a registered cow herd and a stocker cattle operation, along with a timber management program. Hall and Hall has the listing. 10. Rosenthal: The Malibu Estate & Vineyard: $43.5 million Situated 1,400 feet above the coastal fog and four miles from the beach, Rosenthal: The Malibu Estate & Vineyard offers a rare, private wine country lifestyle. Featuring a fully operational vineyard and winery, this Malibu Estate is one of the most sought after properties on the market today. Listed with Kerry Mormann & Associates.]]> 9032 0 0 0 https://landreport.com/2013/06/the-land-report-summer-2013/ Sat, 15 Jun 2013 07:00:02 +0000 https://www.landreport.com/?p=9038 Land to Table - that's what's cooking in the Summer issue of The Magazine of the American Landowner. Five amazing landowners are profiled - individuals, couples, and families who are changing the way America eats as they produce Vermont maple sugar, harvest wild game in the Texas Hill Country, craft organic goat cheese in Montana, and raise farm fresh produce just an hour outside of Chicago. Of course the show stopper is the legendary entrepreneur who won America's Cup and created CNN. Ted Turner's bison herd is the world's largest. It now numbers over 50,000 head. In this issue, we feature an exclusive excerpt from Todd Wilkinson's new book, Last Stand, which details Turner's acquisition of the famed Flying D Ranch and his revitalization of this iconic symbol of the West. Plus, The Land Report goes behind the scenes with Turner's partner at Ted's Montana Grill, George McKerrow. For more up to the minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow The Magazine of the American Landowner on Google+, Facebook, Twitter, and Pinterest.]]> 9038 0 0 0 https://landreport.com/2013/07/41-million-aspen-ranch-transaction-closes/ Mon, 08 Jul 2013 07:00:30 +0000 https://www.landreport.com/?p=9278 Aspen Daily News, “Jigsaw Ranch’s sale price trails only the $46 million sale of the Mandalay Ranch property in Owl Creek in 2004.” Read more HERE.]]> 9278 0 0 0 https://landreport.com/2013/07/sixteen-million-bison-burgers-later/ Thu, 11 Jul 2013 07:00:00 +0000 https://www.landreport.com/?p=9297
  “Ted didn’t want to be in the cattle business. He didn’t want to be in the hay business. He didn’t want to be in the oil and gas business. He wanted to be in the bison business because it would rekindle America’s West the way it was.” So says George McKerrow, Ted Turner’s partner and the CEO of Ted’s Montana Grill. McKerrow knows the restaurant business cold. Since graduating from Ohio State, it’s been his career. After cutting his teeth with Victoria’s Station, he opened his first LongHorn Steakhouse in Atlanta in 1981. By the time he retired two decades later, LongHorn was a national player and Capital Grille was a part of his company’s portfolio. In 2002, he and Turner had a meeting of the minds, shook hands, and launched their classic American grill. Over the last decade they’ve grown it to 44 restaurants in 16 states. I was blown away by my first visit to a Ted’s Montana Grill on the Pearl Street Mall in Boulder, Colorado. The restaurant’s vibe is very Turneresque, thanks to the dark woods, brass accents, and Western art, reproductions of originals from Turner’s private collection. The wine list has a decided Western flair, and Turner properties – Blue Creek Ranch, Avalon Plantation, Vermejo Park, and St. Phillip’s Island – lend their names to dishes. [caption id="attachment_9294" align="alignright" width="300"] Ted’s standing order is a bison cheeseburger with a side of fries, and it’s always served with an Arnold Palmer.[/caption] One surprise that caught me off guard was that many of the entrees – steaks like Ted’s Filet and the 14-ounce Delmonico Ribeye as well as all the burgers – were all available with bison or with beef. “I love beef,” McKerrow says. “I’ve sold a lot of beef all my life. But [then] I started to read about bison.” His conclusion? “This ought to be a product that we make available to the consumer.” To that end, over the last decade Ted’s Montana Grills have prepared and served a whopping 16 million bison burgers, 4 million bison steaks, plus millions of other bison dishes, including pot roast, meatloaf, chili, short ribs, and nachos. According to McKerrow, the impact on the demand for bison products has had a wide-reaching effect. “Everywhere we’ve built our restaurants, consumers did exactly what we predicted they would do. They went to their local grocery store and said, ‘Wow, I just ate bison burger. I need to buy some filets. I want to buy some short ribs.’ So the grocery stores started to pick up on it. Now the tide has reversed from a four-year oversupply to an on-demand short supply,” he says. From a big picture standpoint, cattle is still king. “Compared to beef, bison is a minute supply chain,” McKerrow says. “On a typical day, 135,000 cattle a day go to market in the U.S. By comparison, 53,000 bison went to market worldwide last year.” Resources Ted Turner | www.tedturner.com Ted’s Montana Grill | www.tedsmontanagrill.com Turner Endangered Species Fund | www.tesf.org]]> 9297 0 0 0 https://landreport.com/2013/07/land-to-table-special-report-organic-maple-sugar/ Wed, 17 Jul 2013 07:00:01 +0000 https://www.landreport.com/?p=9329

  Brought to you by the Marvin Family

  [caption id="attachment_9327" align="alignright" width="225"] The farm’s quaint country
  store on Main Street in picturesque Johnson, Vermont.[/caption] By Corinne Gaffner Garcia Vermont is renowned for its maple syrup – the Green Mountain State enjoys a climate ideal for triggering sap flow – which is why David Marvin’s family takes such pride in getting wild-crafted maple syrup from tree to table. The family’s Butternut Mountain Farm brand is available in health food and grocery stores, specialty shops such as Williams-Sonoma, online, and at a quaint country store on Main Street in the Town of Johnson, a bedroom community 45 miles from Burlington. Although David and Lucy Marvin have spent more than 40 years at Butternut Mountain Farm, the family business actually dates back to David’s father. A botany professor at the University of Vermont, James Wallace Marvin was a pioneer in the Vermont maple industry, who helped found UVM’s Procter Maple Research Center as well as the Vermont Maple Industry Council. Dr. Marvin’s passion for maple led him to acquire land located on the slopes of Butternut Mountain in 1953. In addition to several homesteads, the tract had a history of sugaring that dated back to the 1800s. [caption id="attachment_9328" align="alignleft" width="192"] Ira and Emma Marvin join their parents,
  Lucy and David.[/caption] “My father was interested in studying maple, and I became interested in its potential,” Marvin says. “From the time I was a child, I knew I wanted to work on the land and be in business for myself.” Marvin earned a forestry degree from UVM. When his parents passed away, he and Lucy acquired their farm from his siblings. Over the years, they’ve added to their holdings. Today Marvin runs his sugaring operation on the original 750-acre plot, along with three other parcels – 1,200 acres in all. On any given day, he can be found slowly inspecting the trees that have provided his family a living for more than half a century. Sap is a renewable resource. Since trees naturally regenerate, little or no new planting is needed. A maple tree must be at least 50 years old before it can produce. Given proper care, it can generate 100 years worth of production. Marvin knows and cares for each of the trees on his farm. This connection led him to put the land into a conservation easement through the Vermont Land Trust. “We have invested a lot of sweat equity into keeping our trees as healthy as possible, and now this land is going to be better able to serve future generations,” he says. “It’s very comforting to know that someone won’t come along motivated by greed or ignorance and very quickly reduce 100 years worth of work.” So far his son and daughter are both involved in the business and show interest in keeping it going. When he’s not walking his land, Marvin often meets with other maple producers to help them market their products, to celebrate the good years, and to commiserate about the not-so-good ones. But even through those low production years, Marvin is rarely deterred. “I’m old enough to retire and I can’t imagine doing anything else; I love what I do every day,” he says. “I really enjoy time in the woods improving the forest, I like the people I work with, and I feel good about making something useful in the world with no negative impact on humankind or the earth.” Sounds like a pretty sweet living. Resources Butternut Mountain Farm | www.butternutmountainfarm.com Vermont Land Trust | www.vlt.org Vermont Maple Sugar Makers Association | www.vermontmaple.org Based in Bozeman, Montana, Corinne Garcia freelances for Marie Claire and Country Living.]]> 9329 0 0 0 https://landreport.com/2013/07/land-report-july-2013-newsletter/ Mon, 15 Jul 2013 07:00:44 +0000 https://www.landreport.com/?p=9356 Land to Table! That's the theme of the Summer issue of the Magazine of the American Landowner, and we invite you to join the feast right HERE. More than 30 properties are highlighted in this sumptuous issue, and the landowners themselves are fascinating - and diverse. From Vermont to Illinois, Texas, and Montana, their stories inspire. One of our profiled landowners - Ted Turner - raises and finishes his bison in so many different states that it's almost impossible to list them right here. (How about we do that in our Land Report 100 issue this fall?) Another intriguing article takes a look at the centuries-old border dispute between Georgia and Tennessee. From a minor surveying error a major fracas. So be our guest. Pull up a chair and enjoy our Land to Table issue. For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, and Pinterest.]]> 9356 0 0 0 https://landreport.com/2013/07/weyerhaeuser-to-acquire-645000-acres/ Mon, 22 Jul 2013 07:00:01 +0000 https://www.landreport.com/?p=9363 9363 0 0 0 https://landreport.com/2013/07/land-to-table-beef-pork-chicken-eggs/ Wed, 24 Jul 2013 15:37:53 +0000 https://www.landreport.com/?p=9394 Brought to Your Table by the Osmund Family[/caption] When Jody Osmund left the family farm to go off to college, he was positive that his days of country living were a thing of the past. This was back when the only time it seemed that farmers ever made headlines was courtesy of Willie Nelson and Farm Aid. “In the late 1980s, no one was encouraging their kids to go into farming,” says Jody’s wife, Beth. After getting their degrees from Northern Illinois, the couple began to climb the corporate ladder in Chicago: Jody, at Andersen Consulting and Allstate; Beth, at Arthur Andersen. Then came 9/11. If that tragedy didn’t hit hard enough, just months later the Enron scandal put Arthur Andersen out of business. For Jody and Beth, it was time for a change. “We had always talked about coming back to the farm someday, but it was always this far-off dream,” Beth says. “At first I brought it up jokingly, but it was the one idea we kept coming back to.” [caption id="attachment_9392" align="alignleft" width="192"] Jack Osmund calls the shots from his father’s shoulders.[/caption] The farmland where Jody’s mother was raised – 85 acres about an hour outside of Chicago – was still in the family. It was a dreamy place. Indian Creek meandered through the woodsy landscape. In 2002, the city slickers quit their jobs and leased the land. Beth found a teaching job, and Jody rolled up his sleeves. Initially, the Osmunds grew vegetables, which they sold through a community supported agriculture (CSA) model where consumers buy directly from a grower. In return, they receive farm-fresh baskets of food throughout the growing season. The program worked so well for the Osmunds that in 2006 they started the first meat CSA in the Chicago area. “We loved the CSA model, because we really got to know our customers, which is important to us,” Beth says. The Osmunds go so far as to host their CSA members on Farm Day. This year, members of their CSA are even invited to a barbecue and overnight campout. Although the couple had strong ties to the area, the Osmunds wondered whether their ideas for sustainable agriculture would ruffle any feathers. “Initially we were concerned that conventional farmers might be skeptical. ‘Here’s these city kids coming back and telling us we’re doing it wrong,’” Beth says. “But we’ve been very well-received. Many of the older farmers are our parents’ generation. They’re glad to see anyone coming back into farming. [caption id="attachment_9393" align="alignright" width="300"] Duncan and Jack Osmund pal with friends on the farm.[/caption] Today, the Osmunds provide baskets full of eggs and different cuts of beef, pork, and poultry. In addition to their CSA members – mostly Chicago area foodies – Jody and Beth are regulars at a weekly farmers’ market in Chicago. Beth quit her teaching job. Their boys are homeschooled by their mother. Long story short, the family farm now supports them lock, stock, and barrel. This summer the family will spend many an hour around a campfire along Indian Creek – a far cry from life in the burbs. Jody and Beth wouldn’t have it any other way. They’re glad they traded in business suits for rubber farming boots. “It’s really different,” Beth laughs. “If you had asked us 15 years ago where we would be, I’m sure we would have never have guessed it would be on a farm.” Resources Cedar Valley Sustainable Farm | www.cedarvalleysustainable.com The New Organic Grower by Eliot Coleman Community Supported Agriculture | www.localharvest.org/csa/]]> 9394 0 0 0 https://landreport.com/2013/07/on-the-block-texas-scrappin-valley-wildlife-research-area/ Tue, 30 Jul 2013 07:00:27 +0000 https://www.landreport.com/?p=9479 Sealed bids on 11,213 contiguous acres are due July 31, 2013. International Paper is selling Scrappin’ Valley Wildlife and Research Area, an East Texas hunting lodge located 150 miles from Houston. The former Temple Inland holding is high-fenced and features one of the best managed whitetail herds in the state. In addition to a main lodge and conference center, Scrappin’ Valley boasts two fully-stocked, six-acre lakes on-site. Toledo Bend and Sam Rayburn reservoirs are located nearby. Offered in three parcels or its entirety, contact United Country Mason & Morse Ranch Company for more information and to register.]]> 9479 0 0 0 https://landreport.com/2013/07/land-to-table-free-range-venison-antelope-wild-boar/ Wed, 31 Jul 2013 07:00:19 +0000 https://www.landreport.com/?p=9484

  Brought to Your Table By the Hughes Family

  In the heart of the Texas Hill Country wildlife abounds, including species of deer and antelope that were introduced from Asia decades ago. Unfortunately, some of these, such as axis deer and nilgai antelope, thrived to the point of overpopulation. In 1983, one man developed a business plan that not only helped landowners manage these animal populations, including those on his own land, but also helped to bring delicious and natural wild game to tables across America. Mike Hughes traveled extensively throughout his career with a global commercial diving company. He couldn’t help but notice that wild game was a popular menu item in many places around the world – but not in the U.S. After retiring, he relocated to his 780-acre Broken Arrow Ranch in the Hill Country of Central Texas, which he had acquired in the 1970s. [caption id="attachment_9424" align="alignright" width="300"] WYMAN MEINZER[/caption] There, Hughes began partnering with other Central and South Texas ranchers to create a business harvesting wild game. Hughes had two goals in mind: supplying restaurants with tasty, tender, all-natural meat, while serving as a population management program for Texas landowners. “The great irony is these are truly wild animals. They are not being fed or managed like farm animals,” says Mike’s son Chris. “Because we have no traceability as to what these animals have eaten, we can’t put an organic label on it. But they’re fed by nature. It’s a truly natural and sustainable food.” About five percent of the harvest comes from the Broken Arrow Ranch, which is now owned and operated by Chris. The business itself is run out of the ranch and at a processing plant in nearby Ingram. On a harvest day, Chris loads up their mobile processing trailer – a device that Mike invented as the first of its kind in the country. They bring along a shooter, a skinner, and a government meat inspector. Under the guidance of the landowner, the Broken Arrow crew harvests and processes as many as 40 animals in a single evening. “It’s a labor-intensive method and highly variable,” Chris says. “Being in the business for 30 years, we benefit with a good brand and reputation, and the quality is what has kept us successful.” Chris sells his wild game online as well as to approximately 1,000 restaurants around the country. Over the years, he has developed a loyal and dedicated following of chefs who love to serve the Broken Arrow wild game on their menus. Since its inception, the Broken Arrow has expanded its menu to include wild boar and quail. “The species we harvest all have different and unique flavor profiles that chefs are drawn to,” Chris says. “It’s what I call a win/win/win situation.” According to Chris, the animals win because they exist in a free-range environment. The landowners win because they get paid to have someone bring their wildlife populations down to sustainable levels. And the Broken Arrow wins by continuing to build its already successful brand. There’s a fourth winner in this scenario as well, one that Hughes fails to mention: the thousands of diners around the country who are lucky enough to enjoy Broken Arrow’s delicious wild game. Resources Broken Arrow Ranch |www.brokenarrowranch.com Diamond H Ranch | www.diamondhquail.com The Best Wild Game & Seafood Cookbook Ever by John & Denise Phillips]]> 9484 0 0 0 https://landreport.com/2013/08/land-to-table-bison/ Wed, 07 Aug 2013 07:00:29 +0000 https://www.landreport.com/?p=9512
  An Exclusive Excerpt from Last Stand (Lyons Press) by Todd Wilkinson When Ted Turner reached the half-century mark in 1988, he owned CNN and TBS, professional baseball and basketball teams, the MGM film library, a handful of properties in the Southeast, and an island. Nevertheless, he felt hemmed in. In his travels between Atlanta and Los Angeles, the inner West was regarded as a “fly-over” region. That perspective changed in 1987. He bought his first ranch, the Bar None, at Toston, near the birthplace of the Missouri River in Montana. At the recommendation of his son Beau, he had started fly-fishing as a way to relax. With a stream running through it, Bar None gave him a great stretch of casting water. Turner’s arrival in Montana coincided with a cultural shift occurring in Big Sky Country. Robert Redford was about to make his movie adaptation of Norman Maclean’s novella A River Runs Through It, transforming fly-fishing into a national sensation. The film also accelerated a phenomenon that was quietly under way: the changeover of historic working cattle ranches into recreational investment holdings for millionaires and billionaires. The Bar None whetted Turner’s appetite for more land in Montana. He had heard stories of the Flying D from Rob Arnaud, who was working for him as a caretaker at the Bar None. A fourth-generation Montanan, Arnaud was also an outfitter conducting commercial hunts on the public land next to the Flying D, and was familiar with its size and beauty. A handsome, broad-shouldered spread, the Flying D rivals the King Ranch of Texas in mystique. It covers 170 square miles and straddles two counties, girded on one side by the Gallatin River and on the other by the Madison River, both famous blue-ribbon trout meccas. Despite being stocked heavily with cattle and conducting an intensive agricultural operation, the ranch was rumored to have sketchy profit margins. Turner asked the real estate brokers who had found him the Bar None, Joel Leadbetter and Jim Taylor of Hall and Hall, to determine if the Flying D might be available for purchase. The owners, the Shelton family of Texas, granted a one-person exclusive listing for Leadbetter and Taylor to show Turner the ranch, even though it was “not for sale.” However, they indicated a price for the ranch plus all cattle and machinery, a sum that seemed outrageous: $22 million. Perhaps they never believed another rancher able to afford it would come forward. They were both right, and much to their dismay, wrong. Turner was not another would-be rancher. Upon getting the opportunity, he drove through the “D” once and was smitten. He told Leadbetter, Taylor, and his attorney to do “whatever it took” to close the deal. There would be no dithering around. He correctly ascertained that the Flying D represented a once-in-a-lifetime opportunity. After intense negotiations over contract details, not the least of which was the value of the cattle and machinery, and overcoming seller’s remorse that constantly threatened to torpedo the purchase, the deal was closed. Turner paid $21 million cash and acquired all 107,000 acres, plus the cattle and machinery. The acquisition made headlines across the West and caused a ruckus. People in Montana only knew Turner for his “Captain Outrageous” reputation in the media. A pervasive fear, for some, was that he would turn the ranch into a massive real estate play, dividing it up and selling the pieces. His first major decision was to retain the ranch manager, Bud Griffith. Griffith had worked on the Flying D for the Sheltons and, before them, the California-based Irvine Company. “I loved the property and just felt, ‘Well, I’ll go work for Ted Turner and work for the brand as I always have, no matter who the owner is,’” Griffith said. But Griffith was stunned when Turner issued an edict that bison would replace the D’s thousands of cattle, a move that would make the “the brand” obsolete. Turner said he would never sear a firebrand into the sides of his bison. Further changes were already planned. Under decades of intensive grazing by beef cows, the Flying D suffered from a litany of impacts. Some sections of creek bottom were mud holes. Riparian areas and uplands were denuded of vegetation. The bison would be managed in such a way as to lessen these impacts. “I had never been around bison before, and I didn’t know a lot about them,” Griffith says, chuckling at his naiveté. “I had no idea what was going to happen next. I got the impression it’s just what happens when you work for Ted Turner. He keeps things hopping.” Turner ordered Griffith to tear down interior barbwire fences that he and other hands had spent decades erecting and maintaining. Down, too, came power poles and lines, corrals, and outbuildings. Turner put a halt to irrigated hay production on a portion of the ranch. That portion had yielded upwards of 1.5 tons of hay an acre but had pulled water out of the streams. Collectively, this was perceived by some of the traditionalists on the ranch as an order to disavow tradition, to turn their backs on their own sweat equity and the codes of the cowboy way. Turner wanted a free-ranging bison herd within the confines of the ranch, which meant he had to build a perimeter fence to contain his bison. But first he had to locate animals to buy. An old friend of his, Maurice Strong, whom Turner had met through his establishment of the Better World Society and connections to the United Nations, happened to own a ranch in Colorado. Strong recommended a man, Brian Ward, who had experience in the buying and selling of both bison and cattle. Together with Russ Miller, Ward tried to discreetly put word out that Turner was ready to buy some bison. It ended up being one of the worst-kept secrets in the New West. Several months after Turner’s first call to start buying, Ward helped facilitate the purchase of 100 bison from the National Bison Range. They were seed stock. Ward was on hand to watch the first convoys of semitrailer trucks arrive at the Flying D. As the doors were opened and the clanking of hooves could be heard moving down the metal runways, he remembers thinking to himself, realizing it was a massive understatement: “This should be interesting.” Turner’s recolonizing animals charged out of the open metal doors and away from the semis. They got out a ways and stopped, looked warily toward their human liberators, and sensing no harassment, bowed their heads to eat. It was an inspiring sight and at the same time anticlimactic. “I was so excited,” Turner says. “Part of me couldn’t believe it was happening. I had goosebumps.” It had been well more than a century since the last bison was spotted in this corner of the Gallatin Valley. “I would love to tell you that we knew what we were doing, but in those early years, we were more or less making it up as we went along,” Miller says. “I know it sounds hard to believe but in terms of scale of land and size of the herds, no one had done with bison what Ted had in mind.” To illustrate, Miller describes a recent dinner conversation with Turner. “Ted asked if I had any idea when I started with him over two decades ago how big all of this would become?” I told him I had no clue. And he replied, ‘Neither did I! But hasn’t it been fun?” To which I responded, ‘Absolutely.’” Turner entered the commercial bison business because he wanted to prove it could be economically self-sustaining. “One of the common misperceptions about Ted … is that he’s so rich he doesn’t care about profit and loss with his bison operation. But let me tell you something about Ted Turner,” Miller notes. “He does not like to lose money, no matter what business he’s in. He always says that nothing lasts if it isn’t economically sustainable.” [caption id="attachment_9507" align="alignleft" width="192"] "Last Stand" by Todd Wilkinson[/caption] When the Flying D ran cattle, it supported 7,000 to 8,000 head. Now it supports around 5,000 bison. Turner never has his ranches stocked to full capacity. He builds in a margin of error so that each year certain pastures are rested and others are allowed to recover, especially after years of below-average precipitation. And he makes sure there is enough grass available to feed the public wildlife that roam across the ranch, including an elk herd that fluctuates in size between 1,600 and 2,000. When Turner first took ownership of the Flying D, there were only hundreds of elk on the property. The previous owners had treated them as competitors with their cattle. “Turner is dealing in large enough numbers – land acreage available to him and the size of his bison herd – in order to be more commercially viable than anyone else could ever hope to be,” says Montana rancher and politician Jim Peterson. “Envy? Sure there’s a lot of that. It’s what makes him stand out and sometimes what turns him into a target for criticism. What matters is how he treats the land, and nobody can take issue with him for that.” Turner’s bison herd is now self-perpetuating. He hasn’t bought an animal in decades, although he has steadily increased his land holdings. “I know Ted cultivated a reputation for shrewdly negotiating media deals, but when it comes to buying land, and him knowing what ownership meant to the families putting it up for sale, he’s always insisted that we be fair,” Miller says. “I don’t think I need to elaborate. It’s obvious. Land touches Ted at a deeply emotional level. He really does view stewardship – doing well by the land – as a sacred obligation.”]]> 9512 0 0 0 https://landreport.com/2013/08/587-acre-oregon-farm-sells-for-3-5-million/ Mon, 12 Aug 2013 07:00:37 +0000 https://www.landreport.com/?p=9518 Greenbelt Land Trust acquired Bald Hill Farm, a popular spot for Corvallis residents that features pastures, creeks, and isolated pockets of wetlands, riparian woodlands, and upland forest. The bulk of the purchase price was contributed by public entities, including Bonneville Power Administration ($1.7 million), Oregon Watershed Enhancement Board ($940,000), and US Fish and Wildlife Service ($800,000). An additional $500,000 was offset when owner Andrew Martin generously lowered the sales price from $4 million to $3.5 million. Read more HERE. Photo Credit: Bald Hill Farm ]]> 9518 0 0 0 https://landreport.com/2013/08/land-to-table-montanas-organic-dairy-pork/ Wed, 14 Aug 2013 07:00:42 +0000 https://www.landreport.com/?p=9525

  Brought to Your Table by the Brown Family

  A van pulls up to Amaltheia Dairy. Kids pop out, glance around, and ooh and aah at the snowcapped mountains and expansive green and yellow fields. A squealing piglet delights. Sue and Melvyn Brown are no strangers to groups like this; they host a variety of tours not only for those who want to pet a goat but also for those who want to see a successful sustainable farming business in action. Recently highlighted in the book Farms with a Future: Creating and Growing a Sustainable Farm Business, the couple has pieced together a profitable and rewarding farm in stages that seemed to fall together perfectly. [caption id="attachment_9528" align="alignleft" width="199"] The Browns' Amaltheia Organic Dairy is nestled at the foot of Montana's Bridger Mountains.[/caption] Melvyn, who grew up on a farm in the UK, is a specialist in cattle embryo transplants, a skill that took him to Guatemala more than 30 years ago to work on the ranch of a wealthy cattleman. That’s where he met Sue, who was working as a teacher. After many ranch-related jobs in the US, they landed in Southwest Montana and decided it was time to have their own farm. They bought 20 acres just outside of Bozeman in 1997. Since it was not nearly enough room to graze cattle, they opted for goats instead. It wasn’t long before they opened their own cheese-making facility nearby. In 2004, they won three awards from the American Cheese Society. Today, the Browns produce about a half a ton of cheese a week, which is distributed to grocery stores such as Trader Joe’s and Wild Oats as well as through their website. They make a plain goat cheese and a ricotta along with flavor-infused chevres, such as roasted garlic, sundried tomato, and spiced pepper. “People say you can taste the mountains in our cheese,” Sue says. “It tastes fresh, creamy, and clean. It’s just one farm’s milk going into it, which makes a difference.” “Happy goats make good milk,” Melvyn adds. And happy they are. At Amaltheia, goats mingle with sheep and alpaca and nuzzle a passerby; there are lambs snuggling with a piglet, chickens roaming with the pigs. And then of course there’s the wildlife: eagles, hawks, owls, elk, deer, coyotes, you name it. Aside from raising animals, their son Nate, who runs the farm with them, has built high tunnels (like greenhouses) to grow a variety of produce, and he has also created a business out of selling organic compost. “We never used chemicals,” Sue says. “We just always knew how toxic that was.” They became certified organic in 2005, and by 2010, they leased another 130 acres and then another 120 acres of neighboring land to comply with the new organic standards of grazing for 120 days. Meanwhile, back at the cheese factory, the Browns wanted to find something to do with all the whey, a cheese-making byproduct that was left over. “Part of our mission was to do zero emissions,” Sue explains. They decided to get pigs to eat the whey. Now they sell organic pork throughout Montana. The Browns are an extraordinary sustainable success story. They love their lifestyle, their mountain views, their animals, their visitors, the many interns they host each year, and the fact that they can create products that people love. “We’re happy doing it,” Sue says. “It’s a lot of work, but we believe in this kind of farming.” Resources Amaltheia Organic Dairy | www.amaltheiadairy.com Open Range By Jay Bentley & Patrick Dillon The Omnivore’s Dilemma By Michael Pollan]]> 9525 0 0 0 https://landreport.com/2013/08/lands-best-friend-the-english-pointer/ Mon, 19 Aug 2013 07:00:09 +0000 https://www.landreport.com/?p=9543 When it comes to bird-dogging, none can compare to the English pointer.
  In 1909, Manitoba Rap became the first English pointer to win the National Bird Dog Championship. The breed has completely dominated major field trial competition ever since. When the great Johnny Crockett, an English setter, won the National in 1970, it was the first time in 24 years that an English pointer didn’t win the title. Every National title since then has gone to a pointer. Tough, stoic, intelligent, able to endure intense, even harsh training, the pointer is the archetypal big country bird dog. Check the kennel of nearly any professional quail guide. With rare exceptions, you’ll find nearly all English pointers. Novices often mistake the English pointer’s near-maniacal drive with hardheadedness. Serious hunters appreciate the pointer’s independence and initiative, and don’t expect a hard charger to turn on a dime at the first whistle blast. Although the English pointer has long been a favorite of open country bird hunters, close-working strains do great work on grouse and woodcock. Pointers typically work high-headed, in search of airborne scent. Some are natural retrievers; many aren’t. Pointers have a reputation for aloofness or indifference to affection. That’s nonsense. Socialize your English pointer puppy and raise her as a member of the family, and she’ll be a delight. Do:
  • Select from bloodlines that match your hunting style.
  • Begin informal, no-pressure fetch training (play training) when pups are 8-10 weeks old.
  • Train with a firm, consistent hand. Your pointer will try you.
  Don’t:
  • Expect your English pointer to handle like a well-trained retriever.
  ]]> 9543 0 0 0 https://landreport.com/2013/08/the-land-report-top-ten-summer-2013/ Thu, 15 Aug 2013 07:00:14 +0000 https://www.landreport.com/?p=9555 Stellar additions in California and Oklahoma augment the nation’s leading land listings.
  1. Broken O Ranch (Texas): $81 million It’s hard to imagine more than 4,000 acres so close to a major metropolitan area, but that’s exactly the case with the Broken O, which is nestled less than half an hour outside of San Antonio in the heart of the Texas Hill Country. Listed with The duPerier Texas Land Man. 2. Rancho Dos Pueblos (California): $79 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, Rancho Dos Pueblos is one of the largest remaining ranches along the Gaviota Coast. Kerry Mormann & Associates has the listing. Click here to view the video. 3. Four Peaks Ranch (Colorado): $75 million This Joshua & Co. listing outside Aspen features views of Mt. Sopris, Capital Peak, and Snowmass. More than 15 miles of trails crisscross the property, which includes a six-bedroom, seven-bathroom, 18,000-square-foot home set on 876 acres. Click here to view the video. 4. Walton Ranch (Wyoming): $68.7 million This 1,848-acre working cattle ranch was pieced together by the Waltons starting in 1958. Twenty-five years later, the family placed the ranch under conservation easement. Billy Long and Ron Morris of Ranch Marketing Associates have the listing. Click here to view the video. 5. Sagg Pond Estate (New York): $65 million This 33-acre waterfront parcel in the Hamptons sits adjacent to 19 acres of protected lands. Julie Briggs and Debbie Loeffler of The Corcoran Group share the listing. 6. NEW! Rana Creek Ranch (California): $59.95 million Offered for the first time in 30 years, this 14,000-acre working cattle ranch (pictured above) with its own airstrip sits just 20 minutes from Carmel and 40 minutes from Pebble Beach. Suzanne Perkins of Sotheby’s International Realty Santa Barbara is the listing agent. Click here to view the video. 7. Big Creek Ranch (Colorado): $59.9 million Five miles of Big Creek and half a mile of the Elk River flow through these 5,034 deeded acres eight miles from Steamboat Springs. Billy Long and Ron Morris of Ranch Marketing Associates have the listing. Click here to view the video. 8. Rockpile Ranch (Texas): $54.5 million McCoy-Remme Ranches has stewarded this 55,374-acre cattle ranch for the last two decades. Located in the Davis Mountains of Far West Texas, it was once a portion of the historic X Ranch. James King of King Land & Water is the listing agent. Click here to view the video. 9. NEW! Winding Stair Ranch (Oklahoma): $51.3 million One of the largest contiguous ranches in the Sooner State, the Winding Stair’s 44,688 acres are tucked away in the scenic Ouachita Mountains of Southeast Oklahoma. Well-managed cattle and timber operations are in place. John Wildin of Hall and Hall has the listing. 10. Rosenthal - The Malibu Estate (California): $43.5 million Santa Barbara’s Kerry Mormann has the listing on this pioneering vineyard, which is planted in seven different varietals. Owner George Rosenthal pioneered the Malibu Newton Canyon AVA. Click here to view the video.]]> 9555 0 0 0 https://landreport.com/2013/08/war-between-the-states/ Mon, 26 Aug 2013 07:00:52 +0000 https://www.landreport.com/?p=9583 A centuries-old fracas involving a caustic boundary dispute shows no signs of abating.
  One of the country’s most contentious water wars has reached a boil, and there’s a high probability that a conclusive decision will only emerge courtesy of the highest court in the land. But first — the bizarre backstory. Almost two centuries have passed since Tennessee and Georgia commissioned a survey to plot their shared boundary. As stipulated by Congress, the states meet at the 35th parallel. Unfortunately, the mathematicians who oversaw the survey – Messrs. James Camack and James Gaines – were a tad askew in their final calculations. (This happened more often than one would expect.) Per the Camack-Gaines survey, which Tennessee signed off on centuries ago and Georgia disputes to this day, the Tennessee-Georgia state line runs a mile or so south of the 35th parallel through Dade County, Georgia. This innocuous blunder has colossal implications. The disputed territory – some 43,000 acres that some refer to as Occupied Georgia – has long been designated as part of Tennessee. The most critical portions include a tiny sliver that borders the mighty Tennessee River. Because of this gaffe, Georgia has no Tennessee River frontage, a condition that is especially critical for Atlanta. As one of the fastest-growing metropolitan areas in the nation, Atlanta depends on the Chattahoochee River. Unfortunately, the Chattahoochee has the unenviable distinction of being the smallest river to serve as a primary water source for a major city in the U.S. To make matters worse, the Peach State was more than parched last year. It was scorched. The USDA classified 98 percent of Georgia as abnormally dry to having extreme drought conditions. [caption id="attachment_9587" align="alignright" width="300"] This 1865 survey map from the Library of Congress includes the disputed Georgia-Tennessee boundary as well as portions of Alabama, Kentucky, Virginia, North Carolina, and South Carolina.[/caption] So what are Georgia’s options? First and foremost, it needs to continue to raise a ruckus. The rationale behind this strategy involves a legal concept known as acquiescence. Acquiescence is one of those times when silence is not golden. Essentially, failure by Georgia to object to a perceived infringement of its rights could subsequently disqualify it from making a claim in a court of law. Hence, a voluminous paper trail that dates back to 1818. Georgia’s elected officials are definitely taking a proactive approach. Earlier this year, both houses of the Georgia legislature passed a resolution calling for a correction of this centuries-old survey. If no agreement can be reached with Georgia’s Volunteer neighbors within a year, the resolution directs Sam Olens, Georgia’s Attorney General, to commence litigation. This is where things get ugly, because Georgia won’t be seeking just the 1,000 or so acres in Marion County that would facilitate access to the Tennessee River. It directs Olens to sue for the entire area south of the 35th parallel: more than 68 square miles, several townships, as well as substantial Tennessee River frontage. Students of the Constitution know that only one court can hear disputes between states: the U.S. Supreme Court. In such a setting, the Supreme Court would appoint a special master who would gather all the facts and make a recommendation. This process would require three to five years – considerably less time than a case starting in federal district courts, and the decision cannot be appealed. One final note. The amount of water that Georgia seeks to withdraw from the Tennessee? It turns out that it is actually less than what it contributes. According to some estimates, approximately 7 percent of the flow of the Tennessee – an estimated 1.6 billion gallons a day – originates in Georgia via the Toccoa and Nottely Rivers. Georgia seeks to divert less than 500 million gallons. For an excellent briefing on the history and paper trail of this dispute, Google “Tapping the Tennessee River at Georgia’s Northwest Corner: A Solution to Georgia’s Water Supply Crisis.” Prepared by William Bradley Carver and Dargan “Scott” Cole Sr. at the Atlanta law firm of Hall Booth Smith, the paper was presented at the 2011 Georgia Water Resources Conference in Athens, Georgia.]]> 9583 0 0 0 https://landreport.com/2013/08/land-report-august-2013-newsletter/ Thu, 15 Aug 2013 07:00:46 +0000 https://www.landreport.com/?p=9599 One of the focal points of our August Newsletter is the continued interest in land as a productive asset, especially given the solid returns investors have been realizing. So many drivers are powering this upswing: lackluster yields in the bond market, America's resurgent energy portfolio, and of course the global demand for U.S. foodstuffs are a few that immediately come to mind. Now comes the news that the 2013 U.S. corn crop will be the largest on record: a massive 13.8 billion bushels, which equates to a 5 percent leap over the previous best. Is it any wonder that more and more ag properties are coming to market? For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, and Pinterest.]]> 9599 0 0 0 https://landreport.com/2013/09/land-report-100er-john-riggs/ Thu, 05 Sep 2013 07:00:25 +0000 https://www.landreport.com/?p=9608 Perpetuating his family’s legacy is at the heart of this man’s ambitious endeavor. John Riggs is on a crusade to preserve his family’s Arizona ranchland, armed with a plan to match his legacy. At play is some 100,000 acres in the southeastern corner of the state, specifically, Cochise County. In 1879, Riggs’s great-grandfather, Brannick Riggs, settled in the foothills of the Chiricahua Mountains and, with his children, assembled roughly 275,000 deeded acres. Over time, a large portion of their lands was sold. The remaining acreage is now owned by his descendants. A conversation with siblings about dividing the ranch prompted Riggs’s strategy. “This happens to many ranching families sooner or later,” he says. “You can only pass ranches down so many generations before they get so small that it’s impossible to ranch and there’s nothing to do but sell. All that family ranchland out there is wide open, undeveloped, and I’m trying to keep it as much that way as I can. From my passion of maintaining this open space and the pressures of increasing population, increasing interest in the Southwest, and increasing difficulty in maintaining sustainable ranching on smaller-size ranches came the idea of developing a small, dense, sustainable community that would provide ongoing revenue for current and future generations. The remaining ranch, approximately 90 percent of the total, will be preserved for ranching.” Riggs took his concept of two model communities to the University of Arizona School of Architecture, where he earned his degree in the 1960s. “They were interested in designing master plans as class projects, which was what I had hoped for,” he says. For Brannick, the first community, Riggs found a grant through the Urban Land Institute, and a student prepared the master plan as her thesis. The second, smaller community, The Mare Pasture, will integrate agriculture through grass-fed beef, a vineyard, orchards along streets and parks, gardens, and greenhouses. Says Riggs, “My reason for developing smaller satellite communities to Brannick was this: When Brannick is fully developed, the tendency will be to grow and expand. If it doesn’t continue to grow in some form, then it will stagnate and die. I don’t want Brannick, when it’s successful, to grow physically by sprawling and taking over more of the landscape. My idea is to develop smaller satellite communities that link back to Brannick. The Mare Pasture will be one of those communities.” Riggs’s concept also considers family members who own surrounding ranches. They might feel the need to sell. Like him, however, they may want to preserve their ranchland and the ranching lifestyle. “One of my ideas is to provide a source of annual revenue to each ranch owner who places a conservation easement on their ranch. Right now I’m working on developing a fund for these easements. It’s been a fun process, kind of like herding cats, but the end result I think will be well worth the effort.”]]> 9608 0 0 0 https://landreport.com/2013/09/land-report-top-10-rana-creek-ranch/ Fri, 06 Sep 2013 07:00:58 +0000 https://www.landreport.com/?p=9612 Located in Carmel Valley, California, Rana Creek Ranch runs from the Tularcitos Mountains on the south to the Salinas Valley on the north. Encompassing approximately 14,000 acres, this working cattle ranch includes owner, manager and staff residences, cattle grazing (400-450 head), operations and agriculture buildings, and a private airstrip. Offered for the first time in 30 years, Rana Creek Ranch is listed with Suzanne Perkins of Sotheby’s International Realty Santa Barbara. Click here to see the full listing of The Land Report’s Summer 2013 Top Ten. ]]> 9612 0 0 0 https://landreport.com/2013/09/2013-corn-harvest-set-to-be-a-record-breaker/ Mon, 16 Sep 2013 07:00:25 +0000 https://www.landreport.com/?p=9627 The Department of Agriculture is projecting that farmers will harvest a record corn crop of 13.8 billion bushels this fall, up 28 percent from last year and 5 percent larger than the previous record crop. Corn prices are trading at nearly three-year lows, a major issue in farming communities across the nation. Along with the huge bumper crop, farmers are on track for strong production numbers; USDA forecasts corn yields at a projected 154.4 bushels an acre.]]> 9627 0 0 0 https://landreport.com/2013/09/american-landowner-carole-king-a-natural-woman/ Fri, 20 Sep 2013 00:00:49 +0000 https://www.landreport.com/?p=9641 “If I can only learn the lesson of the seasons, of a balance re-arranging … And then the morning sun comes shining through my window, and it’s good to be alive.” – Carole King’s “Morning Sun” By Dennis Higman | Photography by Mary Nichols Carole King has always had that magic touch. When she wrote a song, it went to the top of the charts, and when she wrote her memoir, A Natural Woman (Grand Central Publishing), titled after one of her most famous songs, it was prominently featured on Oprah’s Book Club where it became and remains a bestseller. Even in her choice of a place to live, she seems to have that unerring good sense to be where she needs to be at exactly the right time in her life. And for many years, the spectacular Robinson Bar Ranch in central Idaho was that place. “All I want is a quiet place to live where I can enjoy the fruits of my labor. In my mind I can see it crystal clear, sharing my dreams with the people around me.” So goes “A Quiet Place to Live,” one of the many, many hit songs King has written and sung over the years. Except for the sound of wind in the trees and rushing mountain water, her historic Robinson Bar Ranch is most certainly a quiet place to live. And it’s about as far away as you can get from New York’s Central Park where its famous owner once gave a free concert in front of 100,000 cheering fans. Located in the heart of the stunning Sawtooth Valley, which contains 40 mountain peaks 10,000 feet or higher, more than 300 mountain lakes, the headwaters of the Salmon River, and an abundance of wildlife, ranging from mountain goats to black bear and elk, Robinson Bar, King’s home for more than 30 years, is a world away from the busy, hectic, pressure-filled life she’s led since writing her first hit song with Gerry Goffin, “Will You Love Me Tomorrow?” in 1961 when she was a mere 18-year-old. Despite its solitary privacy and end-of-the-road location, the ranch, which was featured in Architectural Digest, is accessible by car 12 months of the year. It is, in fact, just a little over an hour from the airport and Sun Valley resort with all its amenities. And like the resort, Robinson Bar has, on average, 300 sunny days a year. The first inhabitants of Robinson Bar, with its extensive geothermal springs, were Shoshone-Bannock Indians. In 1890 it became a stage stop, and in 1920 Chase Clark, later Governor of Idaho and Idaho Supreme Court Justice, bought the property and operated it as a guest ranch. It remained in the Clark family for many years. Gov. Clark’s daughter, Bethine, was married to the late U.S. Senator Frank Church, who was responsible for much of the legislation that has protected Idaho’s wilderness, including the Sawtooth National Recreation Area (SNRA) that surrounds the ranch on all sides. When King, singer, songwriter, pianist, and longtime Idaho resident, bought Robinson Bar in 1981, she was looking for a place to step back, regain her perspective and balance in the middle of an ongoing career that includes 25 solo albums, four Grammy Awards, a Grammy Lifetime Achievement Award, a Star on the Hollywood Walk of Fame, and induction into the Rock and Roll Hall of Fame, Hit Parade Hall of Fame, and Songwriters Hall of fame for such hits as “(You Make Me Feel Like) A Natural Woman” and “It’s Too Late.” “For me, it’s been a sanctuary,” says the artist critics dubbed the Queen of Rock. “A place to appreciate the natural rhythms of life we tend to forget in the modern world. I enjoy all the seasons, including winter, but spring is my favorite, seeing new green shoots poking through melting snow and watching the first birds arrive. Everything is so fresh and new. I love to get up early in the morning, go for a hike, or take a swim in the pool. It’s a great way to start the day.” The pool complex – one outdoor swimming pool and an outdoor soaking pool, all heated by hot springs – is only one of the extensive upgrades King has made, including modernizing the 7,337-square-foot main lodge, caretaker’s home, owner’s home, eight historic freestanding log guest cabins, horse barn and a variety of other ranch buildings. Of course, Robinson Bar also has a fully equipped professional recording studio because King is still actively engaged in the business that made her famous. In 2010, she went on the highly successful Troubadour Reunion Tour with her longtime friend James Taylor, the second-highest musical attraction of the year in North America. King and Taylor also played to electrified audiences at the prestigious annual Tanglewood Concert. In 2011 she released A Holiday Carole, an album featuring songs written by her daughter Louise Goffin. More recently King and Taylor were featured performers at the Boston Strong concert benefiting Marathon bombing survivors and victims' families. In 2013, she also became the first woman recipient of the Library of Congress Gershwin Prize for Popular Song, presented to her by President Obama in a White House ceremony. Other recipients of this prestigious award include Paul Simon, Stevie Wonder, Paul McCartney, and the team of Hal David and Burt Bacharach. And finally, Beautiful: The Carole King Opera, is Broadway bound this year. King has four grown children and five grandchildren. “I’ve been so fortunate to be the mother of such wonderful, happy, healthy children. I can’t imagine any greater accomplishment or blessing a person could wish for.” Her years on the ranch have also caused her to become an active, vocal supporter of the Northern Rockies Ecosystem Protection Act, a federal wilderness bill covering 24 million acres in Montana, Idaho, Wyoming, Oregon, and Washington. She has testified before Congress four times in support of the legislation. “It protects land, water, and wildlife belonging to all Americans. If I can influence one person to make a greater effort to protect our planet, I’ll consider my efforts a success,” King says. King is also passionate about protecting wild horses that roam public land in the West. One such herd is not far from her ranch. “These noble animals are part of our American heritage and for the life of me I can’t understand how we can spend millions of dollars rounding them up when they’re not hurting anybody. They ought to be allowed to run wild and free,” King says. Why has she put Robinson Bar on the market after all these years? “Well, time passes a lot faster than most of us want to admit. I turned 71 last year, and as I get older, I won’t be able to do all the things I’ve enjoyed doing there for so many years. I wanted to give this special place and its next owner a chance to find each other. I just hope whoever buys it will appreciate it as much as I have – and that it will make a profound difference in their life, as it most certainly has in mine.” For further information about Robinson Bar Ranch, which is listed at $9.9 million, contact Stoney Burke at Hall and Hall at (208) 622-4133.]]> 9641 0 0 0 https://landreport.com/2013/09/land-report-september-2013-newsletter/ Sun, 15 Sep 2013 07:00:31 +0000 https://www.landreport.com/?p=9679 The 2013 Land Report 100 is upon us! At 12:01 a.m., tomorrow morning, we will debut the 2013 Land Report 100 Sponsored by Fay Ranches. Our annual survey of the nation's leading landowners is chock full of new acquisitions, major moves, and new faces, many of whom will be readily identifiable from their other endeavors and accomplishments. Those of you who have already opted in to receive Land Report email alerts will automatically find a link to the 2013 Land Report 100 awaiting you in your InBox. In the meantime, take a look at the intriguing items our researchers have compiled for the September newsletter. From whopping new listings to taxation issues and investment opportunities, there's a lot going on. For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, and Pinterest.  ]]> 9679 0 0 0 https://landreport.com/2013/10/the-land-report-fall-2013/ Tue, 15 Oct 2013 00:00:34 +0000 https://www.landreport.com/?p=9694 Fall 2013 issue include a behind-the-scenes tour of Idaho's Robinson Bar Ranch, which belongs to Rock and Roll Hall of Famer Carole King, an update on a key decision by the Supreme Court regarding property rights, and a look at one of our favorite pups, the Rat Terrier.  ]]> Click here to download your PDF today.]]> 9694 0 0 0 https://landreport.com/2013/10/new-tax-law-impacts-estate-planning/ Thu, 03 Oct 2013 07:00:31 +0000 https://www.landreport.com/?p=9703 While the American Taxpayer Relief Act of 2012 (ATRA) primarily addressed income taxes, the new rules have also put an entirely different spin on estate planning. Because of 2013 tax-exempt levels for estates, a couple’s combined estate must be worth more than $10.5 million to face a federal tax, a threshold that will rise every year. Wealth planners say with the exemption so high, the better option may be to re-focus tax planning to address income taxes and other shelters to help families protect their assets. And of course, always have your will in order, experts say.]]> 9703 0 0 0 https://landreport.com/2013/10/land-report-top-10-y-o-ranch/ Mon, 07 Oct 2013 16:49:58 +0000 https://www.landreport.com/?p=9709 In 1880, Captain Charles Schreiner began parceling the legendary Y.O. Ranch in Kerr County, Texas together, which became the headquarters for Schreiner Cattle Company. Comprised of 29,000 acres, the ranch is notable for many firsts, including leasing land for hunting to provide income, establishing a registry for Texas Longhorns that brought the legendary breed back from the brink of extinction, and for introducing exotic hoofstock that earned the ranch a reputation world-wide as America's Original Game Ranch. Guests have ranged from Paris Hilton to Johnny Cash to the Shah of Iran, according to Robert Dullnig of Kuper Sotheby’s Realty in San Antonio, which has the listing. “You’re selling such a piece of Texas history. Not only is it a great story, but it’s a great piece of land in a highly desirable county,” says Dullnig.]]> 9709 0 0 0 https://landreport.com/2013/10/the-spirit-of-wyoming-wagonhound-land-and-livestock-co/ Tue, 15 Oct 2013 07:00:58 +0000 https://www.landreport.com/?p=9718 Wyman Meinzer and Henry Chappell have collaborated on a number of stunning books, including 6666: Portrait of a Texas Ranch (2004); Working Dogs of Texas (2009); and Under One Fence: The Waggoner Ranch Legacy (2010). The duo's most recent collaboration, The Spirit of Wyoming: Wagonhound Land and Livestock Co., focuses on Wyoming’s historic Wagonhound Land & Livestock Co. Owned by Arthur Nicholas, who debuted on the 2013 Land Report 100, Wagonhound Land & Livestock Co. spans over 200,000 acres and produces some of the top Quarter Horses and Red Angus cattle in the nation. The ranch is also renowned for its stewardship of some of the most stunning and ecologically diverse ranchland in North America. The Spirit of Wyoming: Wagonhound Land and Livestock Co. offers readers a unique opportunity to experience the beauty and legacy of the Wagonhound. From the cowboys who still earn their living on horseback, working cattle in much the same manner as their ancestors did over 100 years ago, to Wagonhound’s innovative philosophy that has made it one of the top players in today’s highly competitive cattle and Quarter Horse markets, Chappell and Meinzer have created another masterpiece. About the Photographer: Wyman Meinzer Wyman Meinzer is the only official State Photographer of Texas, named so in 1997 by the Texas State Legislature and then Gov. George W. Bush, an honor he still holds today. He was raised on the League Ranch, a 27,000-acre ranch in the rolling plains of Texas. Since then, he has traveled across the state from the Panhandle to the Borderland in South Texas, from El Paso to Nacogdoches and all points in between to capture the first and last rays of sunlight as they kiss the Texas landscapes. After 33 years as a professional photographer, Wyman has photographed and or written 24 plus photography books, and his images have appeared on more than 250 magazine covers as well as on numerous book covers for other authors works. His images have appeared in Smithsonian, National Geographic Books, Natural History, Time, Newsweek, U.S. News and World Report, Audubon, Sports Afield, Field and Stream, Outdoor Life, Texas Parks and Wildlife, Texas Highways, Korea GEO, German GEO, Das Tier, Airone, Horzu, BBC Wildlife, and many others. Meinzer is a self-taught plains historian who lives in Benjamin with his wife, Sylinda, in the old county jail, which he and Sylinda remodeled into a comfortable home. Along with his photography, Meinzer loves hunting and long-range shooting. About the Author: Henry Chappell Henry Chappell was born in Louisville, Kentucky in 1960 and grew up in central Kentucky, in the small town of Campbellsville. He graduated from Western Kentucky University in 1982 and moved to Texas. Over the past two decades, he has written hundreds of articles for publications such as Orion, The American Conservative, Field & Stream, Sports Afield, Gray's Sporting Journal, Concho River Review, Texas Highways, GORP.com and Texas Parks & Wildlife.]]> 9718 0 0 0 https://landreport.com/2013/10/asian-carp-may-soon-reach-great-lakes/ Mon, 14 Oct 2013 07:00:56 +0000 https://www.landreport.com/?p=9723 Big-headed silver carp gobble plankton and ruin habitat for native fish. They’ve already infiltrated the Mississippi River basin. Under worst-case projections, Asian carp could disrupt the Great Lakes’ $7 billion fishing industry. The Army Corps of Engineers is scheduled to complete its long-awaited Great Lakes and Mississippi River Interbasin Study (GLMRIS) in December. Read more HERE. Photo Credit: Prairie Rivers Network]]> 9723 0 0 0 https://landreport.com/2013/10/land-report-october-2013-newsletter/ Tue, 15 Oct 2013 07:00:01 +0000 https://www.landreport.com/?p=9737 News coverage of the 2013 Land Report 100 Sponsored by Fay Ranches has exceeded all expectations. From CNBC to a score of city and regional publications, the story of our nation's leading landowners has proven compelling. We've included numerous hyperlinks to many of these articles in our October newsletter for you to peruse and enjoy. In addition, you'll find updates on upcoming auctions, key news reports, and the King Ranch Institute for Ranch Management's annual symposium later this month. For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, and Pinterest.]]> 9737 0 0 0 https://landreport.com/2013/10/bumper-corn-crop-and-worsening-prices-may-come-soon/ Tue, 22 Oct 2013 07:00:59 +0000 https://www.landreport.com/?p=9744 Expectations that US farmers will harvest a record corn crop this year have many investors wagering that corn futures will continue to fall. Corn prices had already tumbled 37 percent by the end of September, making the grain one of 2013’s worst-performing commodities. Department of Agriculture estimates put the harvest totals in the neighborhood of 13.8 billion bushels, 28 percent larger than last year’s crop and 5.7 percent greater than in 2009, the prior record. Read more HERE.]]> 9744 0 0 0 https://landreport.com/2013/10/2013-land-report-100-jeff-bezos/ Thu, 24 Oct 2013 07:00:36 +0000 https://www.landreport.com/?p=9752

  No. 25 Jeff Bezos

  290,000 acres It seems that Amazon’s founder and CEO (pictured above) is ready to take on his next challenge: media boss. In 2013, Bezos paid $250 million to purchase The Washington Post from the Graham family. As a child, Bezos spent many a summer working on his grandfather’s ranch in South Texas. In 2004, he bought his own ranch in Far West Texas: the 290,000-acre Corn Ranch north of Van Horn. Bezos’s aerospace firm, Blue Origin, utilizes the remote location in its quest to develop reusable space vehicles.]]> 9752 0 0 0 https://landreport.com/2013/10/farmland-values-spike-in-midwest-and-mid-south/ Mon, 28 Oct 2013 07:00:41 +0000 https://www.landreport.com/?p=9774

  Second-quarter numbers trend higher in the Eighth Federal Reserve District, which includes all of Arkansas and portions of Missouri, Mississippi, Tennessee, Kentucky, Indiana, and Illinois. — The Editors

  Using responses from 48 agricultural banks, the St. Louis Fed presented its survey of Agricultural Credit Conditions covering the second quarter of 2013. A selection of observations by some of these bankers follows: “Drought conditions are continuing in our area. Pressure on hay supplies is increasing, and sell-offs of livestock is ongoing.” – Arkansas “Summer rains have helped forage production and the early hay crop. If the rains continue, it should relieve some feed cost concerns.” – Arkansas “Strong cash grain markets are keeping the mood positive for this year’s corn and soybean producers. Loan demand from good farm operators is weak due to their cash position. Many area farmers have greatly reduced debt the last few years and are reluctant to incur new debt.” – Illinois “Liquidity is getting tighter for us.” – Illinois “Cattle prices are up, which has increased farm income but also replacement costs. Crop prices are significantly lower than last year.” – Missouri Click here for a complete copy of the St. Louis Fed’s Agricultural Finance Monitor. ]]> 9774 0 0 0 https://landreport.com/2013/10/the-land-report-top-ten-fall-2013/ Tue, 15 Oct 2013 07:00:20 +0000 https://www.landreport.com/?p=9824

  Major changes atop the leaderboard featuring the nation’s leading land listings.

  1. NEW! Homer’s Pond (Massachusetts): $118 million This extremely private retreat is set on 314 acres along the southern shore of Martha’s Vineyard. It features a private 35-acre fresh water pond and more than 1,200 feet of shoreline and is available in its entirety or in smaller parcels. Grace Bloodwell and Charles Carlson of South Light Property have the listing. Click here to view the video. 2. NEW! Y.O. Ranch (Texas): $85 million Pictured above, the Y.O. is recognized as a world leader in the management and preservation of exotic game. This iconic 29,000± acre Texas spread has been shepherded by the Schreiner family since 1880. Robert Dullnig of Kuper Sotheby’s International Realty has the listing. 3. Broken O Ranch (Texas): $81 million It’s hard to imagine more than 4,000 acres so close to a major metropolitan area, but that’s exactly the case with the Broken O, which is nestled less than half an hour outside of San Antonio in the heart of the Texas Hill Country. Listed with The duPerier Texas Land Man. 4. Rancho Dos Pueblos (California): $79 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, Rancho Dos Pueblos is one of the largest remaining ranches along the Gaviota Coast. Kerry Mormann & Associates has the listing. Click here to view the video. 5. Four Peaks Ranch (Colorado): $75 million This Joshua & Co. listing outside Aspen features views of Mt. Sopris, Capital Peak, and Snowmass. More than 15 miles of trails crisscross the property, which includes a six-bedroom, seven-bathroom, 18,000-square-foot home set on 876 acres. Click here to view the video. 6. Walton Ranch (Wyoming): $68.7 million Set at the foot of the Grand Tetons along the banks of the Snake River, this 1,848-acre working cattle ranch was pieced together by the Waltons starting in 1958. Twenty-five years later, the family placed the ranch under conservation easement. Billy Long and Ron Morris of Ranch Marketing Associates have the listing. Click here to view the video. 7. Sagg Pond Estate (New York): $65 million This 33-acre waterfront parcel in the Hamptons sits adjacent to 19 acres of protected lands. Julie Briggs and Debbie Loeffler of The Corcoran Group share the listing. 8. Rana Creek Ranch (California): $59.95 million Offered for the first time in 30 years, this 14,000-acre working cattle ranch (pictured above) with its own airstrip sits just 20 minutes from Carmel and 40 minutes from Pebble Beach. Suzanne Perkins of Sotheby’s International Realty Santa Barbara is the listing agent. Click here to view the video. 9. Big Creek Ranch (Colorado): $59.9 million Five miles of Big Creek and half a mile of the Elk River flow through these 5,034 deeded acres eight miles from Steamboat Springs. Billy Long and Ron Morris of Ranch Marketing Associates have the listing. Click here to view the video. 10. Rockpile Ranch (Texas): $54.5 million McCoy-Remme Ranches has stewarded this 55,374-acre cattle ranch for the last two decades. Located in the Davis Mountains of Far West Texas, it was once a portion of the historic X Ranch. James King of King Land & Water is the listing agent. Click here to view the video.]]> 9824 0 0 0 https://landreport.com/2013/10/three-million-acre-montana-grassland-reserve-in-the-works/ Thu, 31 Oct 2013 07:00:25 +0000 https://www.landreport.com/?p=9820 Few land buys can equal the ambition and, at times, the controversy surrounding the American Prairie Reserve. The privately funded enterprise is more than a decade old with a growing list of philanthropist benefactors. The reserve itself now spans 274,000 acres of Montana’s native grasslands, home to some of the Great Plains’ most pristine plant and animal diversity. But the goal is much larger: to take ample adjoining federal land and stitch together a massive three-million-acre wildlife ‘complex,’ with wild bison at the hub of Prairie Reserve’s conservation wheel. The barbs directed toward the project echo many of the same complaints that accompanied the creation of some of America’s national parks and monuments. But interest continues in protecting what is for the most part an undisturbed, intact landscape for the enjoyment of future generations. Read more HERE. Photo Credit: American Prairie Reserve]]> 9820 0 0 0 https://landreport.com/2013/11/supreme-court-sides-with-landowners/ Thu, 07 Nov 2013 07:00:44 +0000 https://www.landreport.com/?p=9839 In Koontz v. St. Johns River Water Management District, the high court finds it unconstitutional to use the permitting process as a tool of extortion.
  When Coy Koontz filed an application for a permit to develop 3.7 acres of a 14.9-acre parcel in 1994, he could hardly have imagined it was the beginning of a 20-year odyssey that would eventually wind its way to the U.S. Supreme Court. In 2000, long before the fight was over, the Central Florida developer passed away. He left his land and a titanic struggle to his son, Coy Koontz Jr. On June 25, the Koontz family’s decades-long legal battle resulted in a 5-4 victory over the St. John’s Water Management District in what will be regarded as one of the most important property rights victories in a generation. Koontz wanted to construct a commercial building on a portion of his property — a spot without any wetlands or sensitive habitat. The site Koontz selected was actually located on an existing street. As required by state law, Koontz offered to compensate for any wetland damage by deeding an 11-acre conservation easement. The district responded by threatening to deny a land-use permit unless Koontz either scaled back his project to a single acre and deeded an easement on the rest of his property or proceeded as planned and “mitigated” the alleged loss of non-existent wetlands by paying tens of thousands of dollars to maintain wetlands on another parcel miles away.

  The water district made Coy Koontz an offer it thought he couldn’t refuse. Either scale back his 3.7-acre development to a single acre and turn over more than 11 acres to the state, or continue with his development and pay tens of thousands of dollars to “mitigate” the alleged loss of non-existent wetlands. Koontz refused both options. Instead he took the agency to court.

  The ensuing case — Koontz v. St. Johns River Water Management District — goes to the heart of the Constitution’s Takings Clause: “nor shall private property be taken for public use, without just compensation.” For more than 25 years, the Supreme Court has deemed it unconstitutional for government entities to deny a building permit to a property owner simply because the owner refuses to hand over an unreasonable portion of his or her property to the public, free of charge, in exchange. In 1987, Nollan v. California Coastal Commission, the court struck down the agency’s policy of prohibiting property owners from rebuilding or expanding their homes unless they agreed to deed access to the beach in front of their home. A similar decision followed in 1994 when the court ruled in Dolan v. Tigard that it was impermissible for the City of Tigard to require a hardware store to give up a portion of its land for a bicycle path as a condition of getting a permit. According to the Court, government agencies can impose conditions on building permits but those conditions must be “roughly proportional” to the public burdens of the proposed development. For instance, if a new building is going to increase vehicular traffic around it, a city could demand the owner give up a portion of its land to widen the street. But it is wrong, the Court continued, to make individual property owners pay for public benefits – like bike paths, public parks, or other public amenities – which in justice and fairness, should be borne by the public as a whole. Leveraging the permit process that way, the court famously said in Nollan, is “out and out extortion.” Government agencies have been trying to skirt those decisions by arguing that although they limited how much land could be demanded of a property owner, they did not limit how much money could be required. This is why the St. John’s Water Management District told Coy Koontz that, in lieu of a smaller development, he could get the permit he sought by paying money. In the Koontz decision, however, the Court ruled it unconstitutional to use the permit process as a tool of extortion, whether the government demands cash or land. Writing for the majority, Justice Samuel Alito wrote “land-use permit applicants are especially vulnerable to [this] type of coercion … because the government often has broad discretion to deny a permit that is worth far more than property it would like to take [a]nd can pressure an owner into voluntarily giving up property for which the Fifth Amendment would otherwise require just compensation.” The water district did itself no favor by making a surprisingly technical argument to the Court. It took the position that it was not engaged in extortion because, unlike past cases, it did not tell the Koontz family that they would get a permit as soon as they handed over land or money. Instead, they told the family they would be denied a permit unless they handed over land or money. In a model of judicial engagement, the Court recognized this as a distinction without a difference, holding that it was still extortion and still unconstitutional. In addition to reversing a Florida Supreme Court ruling, the Supreme Court remanded the case back to the Florida Supreme Court for further consideration and – the Koontz family hopes – a quick decision that leads them to finally get their building permit. Larry Salzman is an attorney with the Institute for Justice. He wrote about Sackett v. EPA in our Summer 2012 issue. In Koontz, the Institute filed an amicus brief on behalf of itself and the Cato Institute in support of the Koontz family. For more information, visit www.ij.org. ]]> 9839 0 0 0 https://landreport.com/2013/11/lands-best-friend-rat-terrier/ Thu, 14 Nov 2013 00:00:39 +0000 https://www.landreport.com/?p=9859 A True American: Few breeds can rival the New World heritage of the rat terrier.
  Their ancestors — various crosses of Manchester terrier, fox terrier, and English terrier — came to America from the British Isles with hardscrabble miners and other working-class immigrants. These newly minted Americans bred their scrappy little vermin catchers for local conditions. Italian greyhounds and whippets added speed and athleticism. Beagles, curs, and other scent hounds added nose. The result, the modern rat terrier, is an amazing American hunting dog and has killed rats for wagering dockworkers, heartland farmers, and President Theodore Roosevelt. In the American South, rat terriers are popular with squirrel and raccoon hunters who want a handy-sized dog that trees game, keeps pests out of the family pea patch, and serves as a snake alarm in camp. A good “rat dog” will take on the biggest, meanest boar ‘coon in the woods and never back down. Rat terriers cast about in the woods in search of hot scent, and are usually silent until they tree their prey. Unlike hounds and curs, which rely primarily on ground and air scent, rat terriers depend on their ears and eyes as much as their noses. As one of my East Texas hunting buddies says of his rat dogs, “If a squirrel drops an acorn or barely scratches bark, he’s treed.” Do: - Make your rat dog puppy a member of the family, and expose her to children. She’ll be a lively, affectionate companion. - Break your rat dog from running wild hogs and other dangerous game. Don’t: - Roughhouse with your rat dog puppy. Good ones are born plenty scrappy.]]> 9859 0 0 0 https://landreport.com/2013/11/land-report-november-2013-newsletter/ Fri, 15 Nov 2013 07:00:20 +0000 https://www.landreport.com/?p=9864 Three-quarters of a billion dollars. That's the sum total of The Land Report Top Ten, which tracks the nation's leading land listings by price. Our monthly tabulation reveals that America's top properties can be found in all corners of the country, including the Massachusetts coast, the Colorado Rockies, and two each in the Texas Hill Country and the Jackson Hole area. Our November newsletter features hyperlinks to each of The Land Report Top Ten, and it also includes updates on expos, auctions, and sales. For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, and Pinterest.]]> 9864 0 0 0 https://landreport.com/2013/11/for-sale-montanas-madison-spring-creek-ranch/ Mon, 18 Nov 2013 12:00:52 +0000 https://www.landreport.com/?p=9866 Situated on the banks of the Madison River, this premier sportsman’s paradise boasts over 3½ miles of river frontage and more than 5½ miles of reclaimed spring creek on its approximately 1,050± acres. The ranch offers tremendous waterfowl, upland bird and whitetail deer hunting and world-class fly fishing. In addition to being a haven for the trout fisherman or waterfowler, the ranch is well-suited for a working horse or cattle operation with 700± irrigable acres. Madison Spring Creek Ranch lies along the east side of the Madison River in the lower Madison Valley, which is the least developed river valley within 30± miles of Bozeman. Without the impact of state highways, large roads or railways, the privacy of the Lower Madison River is a rarity among other river valleys in Montana. With over nine miles of live water, this unique fishing property is in close proximity to Bozeman. The ranch varies from thick cottonwood galleries along the river corridor to sub-irrigated meadows with meandering spring creeks. The river braids offer abundant wetland habitat, which attracts a wealth of waterfowl and other wildlife. The views are dramatic and diverse with the Spanish Peaks and the Tobacco Root Mountains to the south, the cliffs along the Madison River to the west, and the hills and bluffs that include Madison Buffalo Jump State Park to the east. Restoration of several miles of spring creek and wildlife habitat throughout the ranch has significantly improved the ranch’s aesthetics, fishing and hunting. Restoration work produced endless casting lanes, deep holding holes and spawning beds, as well as shallow backwater refuges for invertebrates, young fish and waterfowl along 5 ½ miles on two spring creeks. Over 9 miles of live water provide a variety of fishing experiences. From river to large spring influenced creek to a small intimate spring creek that requires stalking fish, the ranch has it all. Although the current owners keep the ranch largely for private use, the fishing does provide income from outfitting the ranch through local guides and charging rod fees to anglers. This commercial use could be increased in the future. Madison Spring Creek Ranch is an unparalleled offering in the Madison Valley with over nine miles of river and spring creek across 1,050 acres. The unique quality of the riparian resources brings the fishing and hunting opportunities to a whole other level. It is a ranch for all generations to enjoy within easy reach of the charm and amenities of southwest Montana’s best communities. For more information on Madison Spring Creek Ranch, contact Carlos Ordonez with Live Water Properties.]]> 9866 0 0 0 https://landreport.com/2013/11/land-report-top-10-homers-pond/ Fri, 22 Nov 2013 07:00:58 +0000 https://www.landreport.com/?p=9910 Located along the southern shore of Martha’s Vineyard, Homer’s Pond is an extremely private retreat that offers something truly remarkable: an undeveloped coastal sand plain. Situated in a globally rare ecosystem and surrounded by ocean and conservation land, this 314 acre retreat has two special features that set it apart from all other luxury real estate offerings: over 1,200 feet of private oceanfront beach and two private ponds, including a 35-acre pond, that is for the exclusive use of the owners of Homer's Pond property. Populated with cedar, scrub oak, beach plum, wild aster, bayberry and blueberry bushes, along with other native plants, the property's mix of grassy fields and woods shelters a globally rare ecosystem of plants, trees, birds and animals. Along the oceanfront exists a completely different environment, one containing heathlands and a classic barrier beach. Listed with South Light Property, Homer’s Pond is available in its entirety or in smaller parcels.]]> 9910 0 0 0 https://landreport.com/2013/11/sold-193-acres-of-state-trust-land-in-arizona/ Mon, 25 Nov 2013 07:00:05 +0000 https://www.landreport.com/?p=9914 Land values in the Greater Phoenix area have rebounded enough to convince the Arizona State Land Department to auction off 193 acres of state land for future development. The winning bid of $30.2 million came from Jerry Ivy, a California investor who has bankrolled other Arizona-based land projects. Officials say Ivy and his partners will likely develop a mix of residential and commercial projects at the site, which enjoys convenient access to Phoenix-Mesa Gateway Airport.]]> 9914 0 0 0 https://landreport.com/2013/11/land-report-100er-the-butler-family/ Wed, 27 Nov 2013 07:00:31 +0000 https://www.landreport.com/?p=9924

  For Over a Century, Shepherding a Spanish Land Grant Has Been This Family’s Legacy.

  Benjamin Franklin Butler (1818–93), a Massachusetts politician and Union Civil War general, was also a forward-thinking landman whose legacy ranch, now in its fifth and sixth generations, comes complete with a colorful history. While serving in Congress Butler met Thomas Benton Catron, a lawyer who would later serve as the first senator from the State of New Mexico. Catron was the largest landowner in the West at the time, having bought several Mexican land grants. He and a partner had formed the Santa Fe Ring to control economic and political life in New Mexico, and in 1870 they established an investment pool to buy land in the Mora Land Grant. Since there were no surveys or titles, Ring members would buy a partial interest from people working the land whose only claim was a share of community common lands. [caption id="attachment_9927" align="alignright" width="267"] Benjamin F. Butler[/caption] When the pool disbanded, members sought buyers for their shares, and both Butler and his son-in-law, Adelbert Ames, began to purchase interests in the Mora Grant. In 1885, Butler and Catron met in New York, and supposedly, after a negotiation that went far into the night, Butler agreed to buy Catron’s share in the Mora Grant. According to family chronicles compiled by Edward (Ned) Ames, one of the Butler heirs, whatever agreement may have been reached at that meeting, there is no record of Butler’s ever having closed the deal. What followed was a litigious dispute with Catron suing Butler for his alleged failure to pay for his interests in the Mora Grant, and Butler persuading the court to have Catron removed as the attorney for a separate, ongoing suit over the partitioning of the unallocated common lands of the Mora Grant. Of course, this era was rife with litigation over land matters; there were large financial stakes over the control of property interests, and since there were few surveys or deeds and much manipulation, nobody could be sure of who owned what land. As the nineteenth century drew to a close, the New Mexico Territory was beset by competing legal claims to massive Spanish land grants. Butler held his land interests in the Union Land and Grazing Company, which he established in 1885. The Fort Union Ranch, now a 95,315-acre working cattle ranch near Watrous, is crossed by traces of the Santa Fe Trail and surrounds the Fort Union National Monument. The monument was actually a part of the ranch until 1954. The fort was a frequent way station for Kit Carson, and during the Civil War the Confederacy’s goal of conquering the Southwest hinged on seizing Fort Union. The CSA’s ill-fated New Mexico Campaign came to an end 60 miles from Fort Union at the Battle of Glorieta Pass. The fort was abandoned after the war, and almost a century later a grassroots effort ensued to save the fort’s structures. Private citizens and the New Mexico Department of Transportation purchased 720 acres from the Butlers. [caption id="attachment_9928" align="alignleft" width="300"] As the nineteenth century drew to a close, the New Mexico Territory was beset by competing legal claims to massive Spanish land grants.[/caption] “From there, all it took was President Eisenhower to sign the enabling legislation and the monument was created,” says Ron Harvey, lead interpretive ranger for the Fort Union National Monument. “It’s actually almost fitting that you have this cattle ranch around Fort Union Monument. One could not have survived without the other.” The Fort Union Ranch is managed by five directors, including Ames, all descendants of General Butler. Ranching operations are run by Ken Lausten, a graduate of Colorado State School of Agriculture, who came to the ranch from California in 2011. The land’s diverse operations include a cow-calf herd, seasonal grazing by up to 1,800 pasture cattle, annual elk and pronghorn hunts, and timber and whole-tree harvest. The family owns an additional 6,000 undesignated acres in Mora County. In partnership with the Sonoran Institute, Fort Union Ranch has developed an integrated plan for range management. The drought of 2011 was the impetus. The goal, according to Ames, was to establish an ecologically sensitive program that would allow for cattle grazing, protect wildlife, and restore natural habitat. One of the outcomes of the effort has been the creation of the High Plains Grasslands Alliance, a new collaboration. “Our interest now is really focused on how to run the ranch successfully in a sustainable way,” says Ames. “It’s been some time since ranchers could support themselves solely on the basis of a cow/calf operation. We have to assume that these periodic droughts that have happened are going to become more frequent. So managing that trend is a challenge; it changes the way we raise cattle and manage the landscape. Whether or not you buy the whole thesis and theory of global climate change, if you’re a land manager, you’ve got to be prepared.”]]> 9924 0 0 0 https://landreport.com/2013/12/for-sale-the-kennedys-virginia-retreat/ Mon, 02 Dec 2013 07:00:26 +0000 https://www.landreport.com/?p=9932 Wexford, the idyllic Virginia retreat designed and built by President and Mrs. Kennedy, is now on the market for the first time in 22 years. The 166-acre wooded estate sits in the rolling hills just west of Middleburg in the Orange County Hunt territory. In addition to the historic 5,050-square-foot original residence, Wexford has numerous improvements including a pool, tennis court, stables, natural stone landscaping, miles of riding trails, and Blue Ridge Mountain vistas. Listed by Patricia Burns with Middleburg Real Estate.]]> 9932 0 0 0 https://landreport.com/2013/12/land-report-december-2013-newsletter/ Sun, 15 Dec 2013 07:00:50 +0000 https://www.landreport.com/?p=9974 Rose Lane and Chuck Leavell take center stage in the Holiday issue of The Land Report as we honor the stewards of Charlane Plantation as our 2013 Legacy Landowners. Their 2,600-acre Middle Georgia tree farm is a diversified operation, one that Rose Lane and Chuck kindly share with readers of The Magazine of the American Landowner. Learn about its history, their passion, and a wonderful slice of America in this compelling story. Our December newsletter also features updates on major transactions, trends in key sectors, and new ways to access USFS data from your tablet or smart phone. For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, and Pinterest.]]> 9974 0 0 0 https://landreport.com/2013/12/the-land-report-holiday-2013/ Sun, 15 Dec 2013 07:00:36 +0000 https://www.landreport.com/?p=9977 The Holiday 2013 issue of The Magazine of the American Landowner is now available featuring 2013 Legacy Landowners Rose Lane and Chuck Leavell. Best known as the keyboardist for the Rolling Stones, Chuck has spent decades studying and practicing timber management on their Charlane Plantation in Middle Georgia. Rose Lane's family has owned land in the Peach State since the 18th century, and together the two have created an amazingly diverse operation that offers artistic and photographic retreats; quail, turkey, and deer hunting; and an ever expanding timber operation. Three of nation's leading equestrian properties are also featured in the Holiday issue: Bob Funk's Express Clydesdales, Jim Guercio's OW Ranch Quarter Horses, and Virginia Kraft Payson's renowned Thoroughbred training center, Payson Park. In addition, the Holiday issue features an in-depth look at the hottest market for equestrian properties in the nation: Wellington, Florida.    ]]> 9977 0 0 0 https://landreport.com/2014/01/advice-from-a-pioneer-woman-ree-drummond/ Thu, 02 Jan 2014 07:00:01 +0000 https://www.landreport.com/?p=9994 Coming to a bookstore near you ... The Pioneer Woman Cooks! Don’t walk outside at night without shoes on. Buy groceries in bulk. Get satellite Internet. Check your gas gauge before you leave town. Wake up early and watch the sun come up. Enjoy the quiet. This is a sampling of the practical insights that city-dweller turned “Pioneer Woman” Ree Drummond has accumulated over the past 17 years on a 20,000-acre working cattle ranch about 25 miles from the small town of Pawhuska, Oklahoma. But for Ree, it’s just the tip of the iceberg – or haystack if you will. Since 2006, she has been sharing advice on everything from homeschooling kiddos to cooking the perfect steak through her award-winning blog “The Pioneer Woman.” Ree happened upon her future husband, Ladd Drummond (aka Marlboro Man), at a smoky Oklahoma bar while out with girlfriends. Visiting from LA, where sushi and pedicures were her norm, ranch living was as foreign as life on Mars. But after their wedding in 1996, followed closely by the birth of the first of their four children, she had no choice but to learn the ropes. Her new life was filled with early morning calving missions, cooking meals from scratch, and wrangling children, along with rodeos, pickup trucks, manure piles, horseback riding, and the occasional Rocky Mountain oyster feed. Through her writing and photography, and that satellite Internet access she prizes, Ree was able to bring others into her newly discovered world. And in a time when authentic ranchers are an endangered species, this world has appealed to women from every background. “I have a lot of readers who grew up in rural environments and read my site as a way of traveling back in time and remembering their childhood,” she says. “But most live in urban or suburban environments and have never seen or experienced this kind of wide-open space firsthand.” With more than 23 million page views per month, Ree’s self-proclaimed transition from Black Heels to Tractor Wheels (the title of one of her books and a soon-to-be movie) is obviously intriguing. Her readers seem drawn in by her unique fairy tale-esque story, her pioneering perseverance in becoming a ranch wife and mother, and perhaps a glimpse of a life that seems so utterly simple, so authentically American, and so wholeheartedly connected to the land that has now become her beloved home. “I think all of us women yearn for a simpler life, particularly when we have kids and schedules and demands all around us. The country seems simpler to a lot of people,” Ree explains. But her blog, because of its popularity, has actually pulled her away from the land she has become so attached to. With book tours, a Food Network show, and interviews on any number of other TV shows, she is busier than ever. But when her wheels hit the gravel road that leads to the Drummond Ranch, she always lets out a sigh of relief. “The second I turn off the highway and onto the road, I just feel it all let go,” Ree says. “Being able to see the enormity of the skies and the openness of the land really puts things into proper perspective. Even though we have a million things going on around our house — cows, horses, kids, homeschooling — I’m always more calm and serene on the ranch.” And what does she do when she reaches the ranch after time away? “The first thing I do is leave my suitcases in my pickup; sometimes for a couple of days! The next thing I do is hug all the creatures on the homestead: my husband, the kids, the Basset hounds, and I sit outside with my kids to breathe in the air. Then I go inside and open the fridge because I’m usually ready to cook something!” she says. What’s cooking in Ree’s household now is her third cookbook, The Pioneer Woman Cooks: A Year of Holidays: 140 Step-by-Step Recipes for Simple, Scrumptious Celebrations that’s due to be released by HarperCollins this fall. A look at Ree’s favorite holidays throughout the year and the cuisine that accompanies them, the book hits the stores just in time for Thanksgiving and Christmas. And for Ree, these times are golden. “The holidays for us are low-key and wonderful. We just hunker down and enjoy the one-or two-day break from all the work. I love the childhood memories, and the making of new ones. And we eat until we can’t eat another bite!”]]> 9994 0 0 0 https://landreport.com/2014/01/farmland-values-plateau-in-the-4th-quarter/ Mon, 06 Jan 2014 07:00:44 +0000 https://www.landreport.com/?p=10000 The most recent quarterly farmland survey released by the Chicago Fed shows the steady rise in farmland values may be about to level off. Prices have been steadily rising, buoyed by increased investor interest as economic distress eased. The latest Fed survey says, “Only 4 percent of the respondents anticipated higher farmland values in the October through December period of 2013, while 21 percent forecasted lower farmland values. Still, the vast majority (75 percent) expected no change in farmland value,” due to back-to-back droughts and declines in crop prices.]]> 10000 0 0 0 https://landreport.com/2014/01/land-report-2013-legacy-landowners-rose-lane-chuck-leavell-charlane-plantation/ Wed, 08 Jan 2014 00:00:00 +0000 https://www.landreport.com/?p=10008

  For three decades, this Georgia couple has practiced what they preached on their cherished plantation, sharing the gospel of stewardship with those they welcome onto their land and the many they meet on their global sojourns. The Land Report is proud to honor Rose Lane and Chuck Leavell as our 2013 Legacy Landowners.

  | Photography by Gustav Schmiege III Our 2013 Legacy Landowners are quite the couple: Rose Lane, a stylish colonial dame whose Georgia roots go back to the 1790s, and Chuck, a city boy from Alabama who arrived in Macon eager to dive into the muddy waters of Southern rock. [caption id="attachment_10012" align="alignright" width="200"] In addition to longleaf and loblolly pine, Charlane is blessed with red oaks, white oaks, laurel oaks, and water oaks as well as elm and poplar. One of the many ornamentals that can be found is dogwood, which colors the landscape in spring and fall.[/caption] “When I first came to Macon, I took a tour of Capricorn Records,” he says. “It started in the state-of-the-art studio and eventually got to the executive offices. The doors of the office opened, and there was this beautiful creature sitting behind a desk. That was a very positive sign for me. Now you have to understand that I was very young at the time and a little bit too shy and quite frankly almost penniless. I didn’t feel worthy to ask Rose Lane out for a date until two years later when I landed the position with the Allman Brothers band. “To my surprise, she accepted.” The young couple went from just dating to just about married in a hurry. Not surprisingly, each endeavored to learn as much as possible about the other. “So I said, ‘Tell me about your family,” Chuck said. “We live in the country,” Rose replied. “We’re out in Twiggs County. It’s not all that far from Macon. My grandmother is there, my parents, my brother, lots of relatives. We’re country folk. We work the land.” The truth was Rose Lane had given her beau an abridged version of her family’s extensive ties to the land. One ancestor, a Quaker, traded life in England for the opportunity to be an indentured servant in Virginia. After completing his indenture, he petitioned a local court as a “gentleman” to receive 400 acres of land. In the 1790s, subsequent generations settled in Georgia, where the family eventually accumulated tens of thousands of acres. “Granddaddy and Daddy were integrally involved in the forest industry in Georgia from 1922 until Daddy quit forestry in 1963. They were procurement agents and timber cruisers for big companies, big mills,” she says. So on his first visit to the plantation, Chuck had more than a mild case of stage fright. “I was an extremely nervous young hippie, rock piano player.” He needn’t have worried. He wasn’t the only one with mixed emotions. “There’s a story that I was told later,” Chuck says. “Rose Lane’s father got all the guys around and said, ‘Now listen. Rose Lane is bringing this boy out here, and you know he’s a little bit different. He plays in a band. And it’s not a country band. As a matter of fact, it’s one of those rock outfits where she works up there in Macon. And he’s got long hair and a beard, I’m told. So he’s different. But apparently they’re getting pretty serious, so I don’t want y’all to be making fun of him.’” So how was he received? “They were so gracious to me from day one, and I think that speaks volumes about country folk in general. People that are connected to the land are just very special people,” Chuck says. Not long after the hello howdies, Chuck found himself bouncing around in a Jeep. “We rode out to look at some of the crops that they had planted, and we rode to see some of the timber. We saw some deer here and there. They had cattle. It was just such a calming and wonderful, incredible feeling. I thought, ‘Wow, on top of the fact that this wonderful woman has agreed to marry me, I’m meeting her family, and they’re just the most awesome people in the world.’” [caption id="attachment_10013" align="alignright" width="300"] The Leavells masterfully restored the historic 1835 home of Twiggs County pioneer Dan Bullard (1805-1894). The welcoming lodge next door was crafted with Charlane wood.[/caption] The feeling was mutual. “I thought, ‘God, I’ve got to marry this guy,’” Rose says. “We dated for about six months and got married in a whirlwind.” Driving out to the family’s plantation instantly became a regular element in the couple’s new life together. “We came out on weekends and holidays – whenever we could,” Chuck says. “Rosie’s grandmother, Mrs. Julia White, was an incredible person, a matriarchal lady, an elegant lady. I enjoyed every moment we had out here. It was always just so calming.” Less than a year after the couple married, the family suffered a tragic loss. “Daddy dies – he was just 45 – and Chuck is touring with the Allman Brothers, so we didn’t have much occasion to come out here.” Then, in 1981, Mrs. White passed. “The family said, ‘Why don’t y’all come out here and look after the house. We don’t want any vandalism, and we’ve got our hands full with what we’re doing.’ That made sense to me and I said, ‘Let’s do it,’” Rose says. It only took a week for the two to ask themselves “What are we thinking?” They sold their house in Macon and moved out to the plantation. Since Rose’s brother, Al, kept the Whiteway Plantation moniker, the two combined their names – Chuck’s proper first name is Charles and Lane is Rose’s second name – and christened their new home Charlane Plantation. [caption id="attachment_10015" align="alignleft" width="300"] Best known for his longstanding gig as keyboardist for the Rolling Stones, Chuck has worked with legends such as Dr. John, the Allman Brothers, Eric Clapton, and John Mayer.[/caption] “That juncture was a real turnaround for me,” Chuck says. “Now it was our responsibility to look after this land, to do the right thing by it, and to carry on this heritage of stewardship. I’d seen how hard the Whites had worked their land, the dedication, the passion they had. There was cattle. There were row crops. There was timber. I realized that if I wanted to pursue a musical career, which obviously I did, the row cropping and the cattle were going to be a big challenge. “That’s when I began to lean towards forestry. I began to study forestry, and one of the things that really connected me was reminding myself where that wonderful thing called a piano that’s given me so much joy and a great career comes from. Being connected to wood and wood resources means something special to me. It’s a direct connection. It’s something that I can, without even thinking about it, be very passionate about.” Events proved the wisdom of his decision to emphasize Charlane’s timber component. “The Rolling Stones called me,” Chuck says. The audition took place in 1981. By 1982, he was touring with the World’s Greatest Rock ‘n’ Roll Band. Despite the band’s global itinerary, Chuck’s ties to Charlane only grew stronger. “I remember Chuck taking a correspondence course while he was touring with the Fabulous Thunderbirds. All the other guys would be smoking and drinking and having fun, and Chuck would be in the back of the bus doing his homework,” Rose says. Chuck smiles at the memory of those times. “It was a wonderful course offered by the Extension Service of Georgia and the Forest Landowners Association. It was intense enough that it taught you something of great value, but it wasn’t so intense that it took years to go through.” Slowly but surely Charlane took on a new look. “We planted some of the open pastures in forests and began to improve the forest that existed. I was especially interested in managing for quail, so I read Herbert Stoddard’s book on quail, which was written in the 1930s, and then I read Walter Rosene’s quail book, which was written in the 1960s. That’s when I began to engage in quail hunting and wildlife management as a component of what we were doing.” [caption id="attachment_10016" align="alignright" width="300"] The horse barn also doubles as Rose Lane’s studio. An accomplished artist, the Georgia native and her husband host retreats for artists, photographers, and birders as well as hunts.[/caption] Today, guests from around the world study art with Rose Lane at Charlane Plantation. Others are drawn to photography and to birding. Hunters stalk deer, turkey, and quail. All receive an introduction to the forestry practices of this Middle Georgia landmark. “The more I studied and practiced forestry, the more rewarding it was, the more I learned, and the more I wanted to learn. I still consider myself a student,” Chuck says. That’s a modest statement, coming from the author of two books on forestry: Forever Green (2004) and Growing a Better America (2011). In addition to his writings, Chuck cofounded the Mother Nature Network in 2009 with Joel Babbit. “We realized there was no iconic website dedicated to all things environmental that was evenhanded and comprehensive and not slanted politically. That was our goal. We are now the most visited website dedicated to the environment, and we just passed the EPA in number of visits per month.” At the end of the day, it all comes back to the land. “Our land always calls me back. It always pulls me back and connects me, and there’s a number of reasons for that: the satisfaction of owning the land, working the land, and seeing the improvements that you can make on the land,” Chuck says. He finds the rewards of stewardship to be many. “As someone who considers himself an environmentalist, to see the improvements one makes on a piece of land over an expanse of time is the most satisfying thing I can think of. There’s a famous saying and I have it at the front of one of the chapters of my book Forever Green. It was Ralph Waldo Emerson who said, ‘In the woods we return to reason and faith.’ And I think that’s so true. There’s a calming effect that allows you to sort through whatever might be happening in your life that you need a moment to reflect and do some problem solving. There’s no better place to do that than in the woods when you’re relaxed and you can walk through and you feel the spirit of nature.”]]> 10008 0 0 0 https://landreport.com/2014/01/the-u-s-forest-service-unveils-digital-maps-for-smartphones-and-tablets/ Mon, 13 Jan 2014 07:00:11 +0000 https://www.landreport.com/?p=10022 The U.S. Forest Service is offering access to a trove of visitor maps for Android and iOS users on their mobile devices. The PDF Maps Mobile App, which was developed by Avenza Systems, is available as a free download from the Android Play Store and from iTunes. The app provides access to Forest Service maps, including motor-vehicle-use maps, which are free to users. Pages from national forest atlases are 99 cents apiece, and forest visitor maps are $4.99. All maps are geo-referenced and feature the user’s location as a blue dot. The PDF Maps Mobile App works with Android 4 or newer operating systems and on iPhones (3GS or newer) and iPads with WiFi+3G. The USFS is also working on Phase 1 of a website redesign in early 2014. Learn more here. Photo Credit: U.S. Forest Service]]> 10022 0 0 0 https://landreport.com/2014/01/farmland-values-feel-the-heat-in-the-midwest/ Tue, 14 Jan 2014 07:00:22 +0000 https://www.landreport.com/?p=10026

  Several surprising storylines emerge from the Seventh Federal Reserve District, home of bumper crops and bellwether land values. — The Editors

  NATIONAL — TREND In addition to a downturn in corn and soybean prices – corn fell 12 percent and beans were off nearly 4 percent in the most recent quarter – the EPA proposed to cut next year’s renewable fuels mandate by 3 billion gallons. MIDWEST — FOCUS According to the Chicago Fed, in 3Q 2013, “After leading the District in terms of year-over-year gains in farmland values from the first quarter of 2010 until earlier this year, Iowa felt the impact of renewed drought conditions and had the lowest year-over-year increase in agricultural land values among District states, as well as the only quarterly decrease.” “Even with the reoccurrence of drought in parts of the District, the third-largest corn harvest and a soybean harvest just outside the top ten filled storage bins across the Midwest.” Meanwhile farmland values in Michigan continued to trend north: up 5 percent in the last quarter and a stout 17 percent over the last year. For a copy of the Seventh Federal Reserve District’s AgLetter, go to www.ChicagoFed.org. ]]> 10026 0 0 0 https://landreport.com/2013/12/the-land-report-top-ten-winter-2013/ Sun, 15 Dec 2013 07:00:53 +0000 https://www.landreport.com/?p=10045 The Centennial State dominates the Top Ten with three exceptional listings. 1. Homer’s Pond (Massachusetts): $118 million This private retreat is set on 314 acres along the southern shore of Martha’s Vineyard. Available in its entirety or in smaller parcels. Grace Bloodwell and Charles Carlson of South Light Property have the listing. Click here to view the video. 2. Y.O. Ranch (Texas): $85 million The Y.O. is recognized as a world leader in the management and preservation of exotic game. This iconic 29,000± acre Texas spread has been shepherded by the Schreiner family since 1880. Robert Dullnig of Kuper Sotheby’s International Realty has the listing. 3. Broken O Ranch (Texas): $81 million It’s hard to imagine more than 4,000 acres so close to a major metropolitan area, but that’s exactly the case with the Broken O, which is nestled less than half an hour outside of San Antonio. Listed with The duPerier Texas Land Man. 4. NEW! Crazy French Ranch (Colorado): $79 million This Southern Colorado landmark (pictured above) encompasses 40,000 acres that are home to bison, black bear, elk, mule deer, pronghorn, cougar, and turkey. Remnants of the Santa Fe Trail traverse the Crazy Frent, which features the highest point east of the Rockies. Henry Field , Field Brokers LLC has the listing. 5. Rancho Dos Pueblos (California): $79 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, Rancho Dos Pueblos is one of the largest remaining ranches along the Gaviota Coast. Kerry Mormann & Associates has the listing. Click here to view the video. 6. Four Peaks Ranch (Colorado): $75 million This Joshua & Co. listing outside Aspen features views of Mt. Sopris, Capital Peak, and Snowmass. More than 15 miles of trails crisscross the property, which sits on 876 acres. Click here to view the video. 7. Walton Ranch (Wyoming): $68.7 million Set at the foot of the Grand Tetons along the banks of the Snake River, this 1,848-acre working cattle ranch was pieced together by the Waltons starting in 1958. Twenty-five years later, the family placed the ranch under conservation easement. Billy Long and Ron Morris of Ranch Marketing Associates have the listing. Click here to view the video. 8. Rana Creek Ranch (California): $59.95 million Offered for the first time in 30 years, this 14,000-acre working cattle ranch with its own airstrip sits just 20 minutes from Carmel and 40 minutes from Pebble Beach. Suzanne Perkins of Sotheby’s International Realty Santa Barbara is the listing agent. Click here to view the video. 9. Big Creek Ranch (Colorado): $59.9 million Five miles of Big Creek and half a mile of the Elk River flow through these 5,034 deeded acres eight miles from Steamboat Springs. Billy Long and Ron Morris of Ranch Marketing Associates have the listing. Click here to view the video. 10. NEW! Great Western Ranch (New Mexico): $59.5 million Stretching 53 miles east to west and 26 miles north to south, this massive ranch is one of the largest cattle operations to come to market and spans 457 square miles: 176,805 deeded acres and 115,974 leased. Listed with Jeff Buerger at Hall and Hall.]]> 10045 0 0 0 https://landreport.com/2014/01/land-report-100er-louis-bacon-to-acquire-taos-ski-valley-from-the-blake-family/ Thu, 23 Jan 2014 07:00:09 +0000 https://www.landreport.com/?p=10050 The sale of the Northern New Mexico ski area to the Land Report 100er was announced in early December. No price was revealed. Bacon has owned property in Taos Ski Valley since 1996, and his team collaborated with the Blake family on the Village Master Plan, which was unanimously approved last spring by the Village of Taos Ski Valley. Bacon is the owner of Trinchera Blanca Ranch in Costilla County and Tercio Ranch in Las Animas County, Colorado. Click here to learn more about the sale of the ski area. Photo Credit: David Contarino ]]> 10050 0 0 0 https://landreport.com/2014/01/equestrian-roundup-floridas-payson-park/ Tue, 28 Jan 2014 07:00:31 +0000 https://www.landreport.com/?p=10061 Over the years Virginia Kraft Payson’s adventures have ranged from hunting wild game to piloting hot-air balloons, to sports fishing and dog sled competitions. But the owner of Florida’s Payson Park Thoroughbred Training Center in Indiantown is perhaps best known as one of the equestrian industry’s most respected Thoroughbred owners and breeders, a passion she began pursuing with her late husband, Charles Shipman Payson, in 1977. “My involvement in Thoroughbred breeding was a midlife career change,” says Kraft Payson, who spent 26 years as a Sports Illustrated journalist. “I thought that Sports Illustrated was the most wonderful occupation that existed. I traveled all over the world, hunted on six continents, met kings and leaders of countries. It was just a magic carpet that took me everywhere. It turns out my careers have been two magic carpet rides.” The couple first found what is now Payson Park “in a shambles,” she says. “It was a disaster in every way. There were cattle running on the property … every wild animal imaginable was there.” Since its transformation the list of those who have sent their runners to be trained at the farm include the Aga Khan, Queen Elizabeth, Madeleine Pickens, Kenny Troutt, Tony Ryan, Mahmoud and Moustapha Foustok, and Charles Fipke. “I met the Queen several times, and was in the paddock with her several years ago and the first thing she asked me was ‘How is Payson Park?’” says Kraft Payson. Champions that have emerged from Payson Park include Travers Stakes winner Carr de Naskra; St. Jovite, 1992 European Horse of the Year; and graded stakes winners L’Carriere, Salem Drive, and Lac Ouimet. Now her famed Florida horse camp is on the market, listed with The Atlantic Western Companies for $8.95 million. According to Atlantic Western Broker Brad Scherer, “Payson Park is a strategic tract that has irreplaceable Thoroughbred training facilities, including a one-mile dirt track considered by many to be one of the best training surfaces in North America, a 7/8-mile separate grass track, 499 stalls, and support facilities. Of the top 20 Thoroughbred horses ranked by the National Thoroughbred Racing Association in 2013, seven of these champions trained at Payson Park, led by Orb, winner of the Florida Derby and the Kentucky Derby.” Says Kraft Payson, “The key to the success of Payson Park and the success of the horses trained here, including Orb, has all been related to the track. When we opened we ran one full-page ad in the Daily Racing Form. Horse people knew the value of this track, so we filled every stall for opening season. It’s been a source of really great pride to me, but I’ve had it for three decades plus, and it’s time for new ideas and new blood.” Kraft Payson owns an additional 200 acres close to Payson Park on which she maintains a residence as well as a facility for retired racehorses. She adds, “To me, the racetrack was always my report card for how well I did with breeding and I’ve produced some wonderful racehorses. Up until 2000 I only bred to race and raced everything I bred. So I will continue the breeding operation. It gets in one’s blood and you can’t really get rid of it.” RESOURCES
  • Seabiscuit: Award-winning book & Oscar-nominated film
  • Horse Racing’s Top 100 Moments by Staff of Blood Horse Publications
  • Secretariat: Award-winning book & film
  ]]> 10061 0 0 0 https://landreport.com/2014/01/land-report-january-2014-newsletter/ Wed, 15 Jan 2014 07:00:56 +0000 https://www.landreport.com/?p=10072 Listings, closings, ranchland, timberland, farmland - updates on all of the above can be found in our January newsletter, which also features a complete rundown on the most expensive properties currently on the market nationwide, The Land Report Top Ten. Also in our January newsletter, you'll find summaries on major political developments, including a baffling decision by the International Trade Commission regarding plywood dumping by the Chinese government. For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, and Pinterest.]]> 10072 0 0 0 https://landreport.com/2014/02/commission-ruling-baffles-timber-industry/ Tue, 04 Feb 2014 07:00:18 +0000 https://www.landreport.com/?p=10078 A coalition of six US plywood companies has until mid-February to decide whether to keep up the legal fight to have federal regulators step in and put a stop to what the coalition calls unfair Chinese “dumping” on the domestic plywood market. The Coalition for Fair Trade of Hardwood Plywood filed its petition with the US International Trade Commission last year, but the ITC voted to stay out of the squabble. US regulators define dumping as a foreign company selling a product in the states at “less than its fair value.” The ITC ruled that domestic plywood suppliers are seeing enough growth in demand to offset any threat from Chinese imports. The commission did agree the production of the plywood is subsidized by the Chinese government and sold at “less than fair value,” but the ITC refused to step in. Read more HERE.]]> 10078 0 0 0 https://landreport.com/2014/02/renewable-debacle/ Fri, 07 Feb 2014 07:00:49 +0000 https://www.landreport.com/?p=10093

  1.2 million acres of grassland have been plowed under, one of the many unwelcome byproducts of the EPA’s Renewable Fuel Standard.

  Green energy. It sounds so environmentally friendly, so ecosensitive, so ... green. What’s not to like about a fuel that is manufactured from a renewable resource such as corn? On top of the many perceived positives, American farmers just happen to be the world’s most productive as well as the most innovative. Corn-based ethanol seems like a total no-brainer, right? That was precisely the rationale behind the EPA’s Renewable Fuel Standard, which was put in place by the Energy Policy Act of 2005 and updated again in 2007. In essence, the Renewable Fuel Standard is a federal program that requires transportation fuel sold in the U.S. to contain a minimum volume of renewable fuels. Starting with minimal amounts, it was to be increased each year until it reached a whopping 36 billion gallons by 2022. The initiative kicked Midwest farms into high gear. Multibillion dollar subsidies encouraged sky-high production. For the first time in decades, farmers enjoyed a long-overdue spell of prosperity. As reported in these pages, land values in the best markets (and secondary ones as well) skyrocketed. The program was good for farmers, good for consumers, good for the environment, and another step toward energy security for the U.S. economy. Or was it? Eight years after the bill became law, a different picture has emerged. On Nov. 15, the EPA proposed to lower the amount of corn ethanol to be blended into the nation’s fuel supply from 14.4 billion gallons to 13.3 billion gallons in 2014. The news was welcomed by widely divergent political interests, including Tea Party members, ranchers, sportsmen, and stewards of the land. [caption id="attachment_10097" align="alignright" width="404"] Following the passage of the Renewable Fuel Standard, the amount of corn used to fuel ethanol production almost tripled from 14 percent in 2005 to 41 percent in 2012.[/caption] Although the Renewable Fuel Standard was put in place with the best of intentions — to make the US less dependent on imported petroleum, reduce greenhouse gas emissions, and encourage US-made renewable fuels — it has been a source of increasing controversy. And the principal culprit has been King Corn. According to a recent Associated Press investigation, over the last three years, the leading use for domestic corn has been not as a foodstuff nor as fodder but as a transportation fuel. Agricultural lobbyists complain that cattle raisers and feedlot operators have been squeezed by high prices. Oil industry lobbyists and automakers contend that older vehicles can’t handle anything higher than 10 percent ethanol. Those with strong ties to the land – hunters, fisherman, and conservationists – also decry the program. Their beefs are many. To keep up with the ever increasing demand of the Renewable Fuel Standard, Midwest farmers have broken ground wherever possible, resulting in the conversion of more than 1.2 million acres of grassland to corn fields. According to the Associated Press, this massive conversion has proven to be a perfect example of biodiversity in action, specifically, how one small change in the environment can set off a chain reaction. Plowing up almost 2,000 square miles of grassland has resulted in the loss of a substantial amount of wildlife habitat. Breaking new ground also releases natural stores of carbon dioxide into the atmosphere, which is exactly what the biofuels movement is trying to prevent. It has also led to an extreme spike in fertilizer runoff. The latter causes excess nitrogen to cascade down the Mississippi River and into the Gulf of Mexico. This pollution has a profound impact on all aspects of marine life, from sportfishing to oyster farming. The ethanol industry and its supporters vehemently dispute many of the environmental claims raised by the Associated Press. But a growing body of evidence makes it clear that a system designed to promote green energy needs to “walk the walk.” There is a growing consensus that the current standard needs to be reworked. But in what way? And how will this affect the farmers and the landowners who have invested billions of dollars to meet the EPA’s demands for corn ethanol? Step one took place in 2012 when Congress let the longstanding multi-billion-dollar ethanol subsidy expire. Still, farmers are making a good living growing corn. As of November, the EPA is working towards easing the Renewable Fuel Standard and reducing the amount of blended biofuels by 3 billion gallons in 2014. On Capitol Hill, many are advocating the elimination of the corn ethanol mandate altogether. This has the potential to be a battle royale, pitting farmers against ranchers, the oil industry, and auto manufacturers. And the environmental impacts of this debacle? They are still being measured. In addition to the costs of more monitoring, funding for mitigation is already being discussed.]]> 10093 0 0 0 https://landreport.com/2014/02/colorado-river-waters-to-be-rationed/ Mon, 10 Feb 2014 07:00:29 +0000 https://www.landreport.com/?p=10098 To help the drought-stricken Colorado River basin, federal authorities plan to reduce water flow into Lake Mead, the nation’s largest reservoir, from Lake Powell 180 miles upstream. That means some tough decisions will be made concerning the millions who rely on Mead for municipal water supplies, farm irrigation, and growth in demand. Decades-old rules govern water use between seven upper and lower basin states. Those rules don’t factor in the current drought, even though water conservation efforts have helped save millions of gallons and kept the supply flowing. But the federal Bureau of Reclamation says there is a 50-50 chance that by 2015, Lake Mead’s water will be rationed to states downstream for the first time. Read more HERE. Photo Credit: Jim Wilson, The New York Times]]> 10098 0 0 0 https://landreport.com/2014/02/equestrian-roundup-oklahomas-express-ranches/ Thu, 13 Feb 2014 07:00:14 +0000 https://www.landreport.com/?p=10108 Bob Funk’s mission in life is to put people to work. Over the course of his career as the founder, CEO, and chairman of Express Employment Professionals, Funk has bettered the lives of tens of thousands by helping them find jobs. Naturally, when it came to horses, Funk found himself drawn to that quintessential working horse, the Clydesdale. Funk fell in love with a team of black-and-white Clydesdales at the Canadian Western Agribition in Regina, Saskatchewan. In an instant he knew he’d found the ideal representative for Express Employment Professionals. “I saw these black horses with white socks. To me, being raised in the Holstein business, black and white are always beautiful,” Funk says. There are only 300 to 500 black-and-white Clydesdales in North America, and most are in Canada. The famed Budweiser Clydesdales are bays, a more common deep reddish-brown. [caption id="attachment_10111" align="alignright" width="200"] Built in 1936, the Express Clydesdale Barn was meticulously restored by a crew of Amish carpenters brought in by Bob Funk.[/caption] Back in the late 1990s, Texas and New Mexico had notable six-horse draft horse teams, but Funk’s home state of Oklahoma didn’t have any. He set about remedying the situation. Nowadays, two Express Clydesdale teams travel more than 100 days per year, raising money for the Children’s Miracle Network hospitals and representing the State of Oklahoma as well as Express Employment Professionals. Express teams have triumphed in dozens of competitions, including the 2012 Eight-Horse-Hitch National Championship, and the Six-Horse-Hitch World Championship at the 2013 Calgary Stampede. The teams star in the Macy’s Thanksgiving Day Parade, the Chicago St. Patrick’s Day Parade, and the Kentucky Derby Pegasus Parade. They routinely chauffer dignitaries such as the Duke and Duchess of Cambridge at the Calgary Stampede and other major events. Express Clydesdales pull a replica of an Abbott Downing Company Hotel coach, originally designed and built in 1880. They also haul a handcrafted 3,000-pound delivery wagon. Express Clydesdales General Manager Josh Minshull likens a Clydesdale hitch to an athletic team. “Each position requires a different size and ability,” he says. “The horses in the back are called the wheel team. They’re the biggest and strongest horses. Ideally, they pull the majority of the weight. You want them to look alike and move alike. Lead horses will be significantly smaller but a lot more athletic. To use a football analogy, your wheel horses are linemen, and your lead horses are your receivers.” Regardless of position, they’re all huge, weighing around a ton and standing 18 hands tall. In competition, Clydesdale pairs pull as much as 12,000 pounds. Minshull prefers geldings because of their gentleness (a must for teams that mingle with the public). If you’d prefer to mingle with the Express Clydesdales at their home, you can meet them at the Express Clydesdale Barn and Welcome Center in Yukon, Oklahoma. The historic structure was built in 1936 and restored in 1991 by Amish carpenters. It houses the draft horses amid brass coach lamps, pine walls, and walnut trim. Although Funk readily acknowledges the branding and marketing value of his horse teams, he considers his Clydesdales agricultural ambassadors as well. “We want the public to be able to enjoy them like we do,” he says. “Most importantly, we want kids to get up there, pet our Clydesdales, and understand that there’s a future in agriculture, and a future for them in agriculture.” RESOURCES
  • Express Clydesdales
  • Calgary Stampede
  • Oklahoma Youth Expo
  ]]> 10108 0 0 0 https://landreport.com/2014/02/private-investors-acquire-11400-acres-of-arizona-public-land/ Mon, 17 Feb 2014 07:00:48 +0000 https://www.landreport.com/?p=10115 Real estate investment firm Pinal Land Holdings announced it has closed on 11,400 acres of public land west of Phoenix. The 88 parcels are within the city limits of Mesa, in Coolidge and Pinal counties, and are primarily agricultural tracts. Mesa leaders bought the land in the 1980s for a water farm but never broke ground on the project. The latest three-phase sale agreement could net Mesa up to $135 million, which city leaders hope will fuel development projects such as higher education initiatives and a new training complex for the Chicago Cubs. No details have emerged on what Pinal plans to do with its new holding. The investment company was formed solely for the purpose of this acquisition. Read more HERE.]]> 10115 0 0 0 https://landreport.com/2014/02/lands-best-friend-the-mountain-cur/ Fri, 21 Feb 2014 08:00:02 +0000 https://www.landreport.com/?p=10128 Don’t mistake this bobtailed working dog for a low-born mongrel. Medieval peasants relied on versatile, workaday dogs to herd livestock and help poach game from feudal masters. Since they paid a dog tax based on the length of the dog from the tip of the nose to the end of the tail, peasants cut costs by cutting tails – or “curtailing.” A “cur” was a bobtailed working dog – not a low-born mongrel. Naturally, settlers from Western Europe brought their curs to North America. Through selective breeding, curs became more tree-oriented as meat- and hide-minded frontiersmen discovered the utility of dogs interested in climbing game. Mountain curs developed along the Southern Appalachian frontier, where they treed squirrels, opossums, bears, raccoons, and anything else that could be eaten or profitably skinned, gathered semi-feral swine, and boiled from beneath porches to take on threats to stock pens, gardens, and henhouses. After World War II the type nearly disappeared. Fortunately, a few survived in the remotest reaches of the Mountain South until the 1950s, when devotees formed the Original Mountain Cur Breeders Association to preserve and strengthen the breed. Well-bred pups train easily and possess keen prey drive and treeing instinct. Most retrieve readily from land and water. Do:
  • Make your pup a member of the family. Mountain curs form extremely tight bonds.
  • Take your pup on romps in the woods as soon as she has finished her vaccinations.
  Don’t:
  • Expect an uninitiated adult cur to distinguish between a house cat and a bobcat. Socialize your puppy, or she’ll want to kill Tabby.
  • Allow children to roughhouse with your puppy.
  ]]> 10128 0 0 0 https://landreport.com/2014/02/for-sale-21000-acres-of-maine-timberland/ Mon, 24 Feb 2014 07:00:38 +0000 https://www.landreport.com/?p=10133 This Washington County property borders the East Machias River not far from the international border in country Mainers call “downeast.” It’s a region known for vast forests, pristine lakes, and proximity to the Atlantic. Fountains Land has listed these 21,948 acres for $12.87 million and describes them “a substantial timber base and established internal road network, enhanced by miles of accessible high quality frontage on several lakes.” For buyers that means plenty of hunting and recreational opportunities to go along with millions worth of spruce, fir, white pine, red maple, and cedar holdings. In addition, on-site sand and gravel deposits give owners savings on material costs for building and road upkeep. Fountains Land has the listing.]]> 10133 0 0 0 https://landreport.com/2014/02/land-report-top-10-crazy-french-ranch/ Wed, 26 Feb 2014 07:00:36 +0000 https://www.landreport.com/?p=10142 Recognized as a jewel of Southern Colorado, Crazy French Ranch features breathtaking landscapes that include grassy meadows, mountainsides of Ponderosa pine, fir and Aspen, rugged rock escarpments, steep ravines, and much of the top Fishers Peak. Encompassing some 40,000 acres, this ranch is one of the few ranches in the western United States with prime habitat that supports seven big game trophy animals on the same property, including bison, black bear, elk, mule deer, pronghorn, cougar, and turkey. Crazy French Ranch is listed with Field Brokers for $79 million.]]> 10142 0 0 0 https://landreport.com/2014/02/land-report-february-2014-newsletter/ Sat, 15 Feb 2014 07:00:30 +0000 https://www.landreport.com/?p=10147 Ranch sales, auction results, ag projections, and Congressional inaction - we've got all of the above and then some in our February newsletter. And we promise not to tip our hand when it comes to the 2013 Deals of the Year. We'll pull the curtain up on these selections in the Spring issue of the Magazine of the American Landowner, which comes of the press in March. For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, and Pinterest.]]> 10147 0 0 0 https://landreport.com/2014/03/2013-a-disaster-for-corn/ Mon, 03 Mar 2014 07:00:06 +0000 https://www.landreport.com/?p=10158 Futures for corn, the most valuable US crop sold on the Chicago Board of Trade, slumped 40 percent last year. It was the steepest price tumble since the 1960s. “We’re looking at an era of about three, four, five years of reduced profitability in agriculture,” said an Ohio State University economist after reviewing the USDA’s 2014 agriculture forecasts. The situation could be especially tough for investors and farmers who expanded operations during the recent market upswing. Read more HERE.]]> 10158 0 0 0 https://landreport.com/2014/03/equestrian-roundup-wyomings-ow-ranch/ Wed, 05 Mar 2014 07:15:29 +0000 https://www.landreport.com/?p=10165 In 1864, a gold rush town on Grasshopper Creek was hastily crowned the first capital of the Montana Territory. Called Bannack, its reign as first city quickly came to an end when the gold played out. Not 100 miles west, another lode was found near Virginia City. Folks left, and Bannack was downgraded from capital to cowtown. They figured Virginia City was the place to be. Today, what remains of Montana’s first territorial capital is a wonderfully preserved ghost town – and a mighty nice state park (www.bannack.org). Sixty venerable structures can be found “… in Beaverhead County, on Grasshopper Creek, approximately 11 miles upstream from where Grasshopper Creek joins with the Beaverhead River south of Dillon.” [caption id="attachment_10169" align="alignright" width="300"] Jim Guercio enticed Jonathan Foote to oversee the renovation of the OW headquarters. [/caption]Those are grand directions if you’re on horseback, but that’s what this country is all about. And if horseback country is where you belong, your dream ranch sits about three miles from Bannack’s empty saloons. It’s called the OW Ranch, and it’s about 50,000 acres (32,428± deeded) of prime horse and cattle country. Located on Hanging Woman Creek, the OW is an easy one-hour drive from Sheridan, Wyoming. The OW is owned by music industry legend Jim Guercio. Guercio is best known for founding the Caribou Ranch – a recording studio where Chicago, Elton John, Michael Jackson, and countless others cut some of their greatest albums in the foothills of the Colorado Rockies west of Boulder. More recently, Guercio has lovingly restored the OW to its original glory when it was owned by John Kendrick, Wyoming’s ninth governor. Guercio brought in Montana architect Jonathan Foote to renovate the historic ranch structures to the standards of the Kendrick Cattle Company. From the restored bunkhouse with its fabulous raised wooden porch to the massive barn with its enormous cottonwood beams and wooden saddling floor, Guercio and Foote took great pains to keep the original feel and footprint of the headquarters intact. The ranch looks and feels like it came right out of your favorite western movie. [caption id="attachment_10170" align="alignleft" width="300"] The historic OW bunkhouse porch is the perfect meeting spot for visiting ropers to gather after brandings for a fine cigar and a spot of single malt.[/caption]Guercio has also worked feverishly to maintain the tradition of the region’s horse and cow culture. “We have a true horseback outfit here. All gatherings and brandings are done on horseback. The OW can carry 1,500 animal units and includes 2,000 acres of dry land hay and creek bottom meadows,” Guercio tells me via satellite phone. “For me this place represents the West as it was – and as it should remain.” During the 1990s, Guercio would host a group of “significant Westerners” who would come from all parts of the globe to brand during the late spring. “We had quite a branding crew – the late CAA artist Joe Beeler, Canadian singer/songwriter Ian Tyson, saddlemakers Chuck Stormes and Chas Weldon, along with all sorts of locals. It was a great time to catch up with old friends and see a bunch of range teepees in the front yard,” Guercio says. Rangeland on the OW is mainly comprised of gentle foothills with scattered timber and meadows in the many valleys. It is precisely what a Montana ranch should look like, and Guercio is rightfully proud of what his passionate investment has created. “This is a place where for me, time has stopped. It’s place where good cowmen and good horses can work stock in a traditional manner on land that simply was made to run cows. If there is a cowboy heaven on earth, this might just be it.” Text & Photography by William C. Reynolds RESOURCES
  • Think Harmony With Horses by Ray Hunt
  • The Horse Whisperer | Award-winning book & Oscar-nominated film
  • Some Horses | Essays by Thomas McGuane
  Ready to Run: Current listings where you can saddle up. CHIMNEY ROCK RANCH In addition to an indoor riding arena and horse barn, this 12,000-acre Montana landmark offers more than 30 miles of riding trails, national forest access, and superb improvements. OW RANCH Situated an hour north of Sheridan, the headquarters unit of the legendary Kendrick Ranch is steeped in history and boasts Senator Kendrick’s House. CIRCLE Y RANCH Located in Aubrey – the epicenter of the Texas equestrian world – these 357 acres include two covered arenas, a round pen, storage barns, and 25-plus stalls. JOURNEY’S END FARM Just 20 miles from Greenville-Spartanburg Airport, this 30-acre horse farm features a 6-stall Morton barn, an equipment barn with apartment, board-fenced pastures, and arena. SWAN CREEK HORSE FARM Located an hour southwest of Nashville, this 165-acre farm with residence features a horse barn, indoor riding arena, fenced pastures, and frontage on Swan Creek.]]> 10165 0 0 0 https://landreport.com/2014/03/congress-delays-spike-in-flood-insurance-premiums/ Mon, 10 Mar 2014 07:00:15 +0000 https://www.landreport.com/?p=10178 Our elected representatives made a decision to delay an even tougher decision. According to the Federal Emergency Management Agency, Congressional maneuvering will delay the implementation of higher premiums required by new and more accurate flood maps. The increased costs will affect hundreds of thousands of property owners in coastal areas and in flood plains. Presently, these owners pay lower grandfathered rates because their properties are in compliance with earlier flood codes. But those lower rates are set to expire thanks to a money-saving measure built into the Biggert-Waters Act of 2012. Once new rates are phased in under the two-year-old law, some owners will face substantial increases in premiums. It’s a potential lose-lose situation as owners who can’t afford higher flood insurance premiums may have to sell their properties at distressed prices. Read more HERE. Photo Credit: Federal Emergency Management Agency]]> 10178 0 0 0 https://landreport.com/2014/03/land-report-top-10-great-western-ranch/ Wed, 12 Mar 2014 07:00:00 +0000 https://www.landreport.com/?p=10186 Stretching 53 miles east to west and 26 miles north to south, New Mexico’s Great Western Ranch is one of the largest single landholdings available in the United States today. As a true, four-season ranch spanning 457 miles, this ranch offers a variety of wildlife, exceptional habitat, diverse topography, a favorable ecosystem for cattle and a large resident herd of prized bull elk. Located in Quemado, New Mexico, the Great Western features expansive park-like rangelands, with abundant native grasses and a moderate climate, support cow-calf and yearling cattle operations. Extensive livestock water resources developed on the property include 56 wells - most of which are solar powered - and seasonal ponds, lakes and dirt tanks. Home to a large resident elk herd, as well as plentiful mule deer and pronghorn antelope, this ranch also supports a revenue-generating hunting operation known for its trophy-sized bull elk. The diverse terrain offers a variety of hunting experiences from ruggedly adventurous to hunts for all ages and experience levels. The ranch is also rich in history, from the Anasazis and Spanish explorers to the early homesteaders and the ranchers of today. On the ranch there are historical and archaeological sites, including Anasazi petroglyphs, ruins, and the tumbled-down stone homes and corrals of New Mexico’s earliest homesteaders. Click here for a video tour of the Great Western Ranch. The Great Western Ranch is listed for $59,500,000. Contact Jeff Buerger with Hall and Hall for additional information. ]]> 10186 0 0 0 https://landreport.com/2014/03/the-u-s-department-of-agriculture-establishes-climate-hubs/ Mon, 17 Mar 2014 07:00:54 +0000 https://www.landreport.com/?p=10194 The U.S. Department of Agriculture has established seven regional hubs to address increasing risks from fires, invasive pests, devastating floods, and crippling droughts. Their purpose will be to translate reams of science and research into information that ranchers, forest landowners, and farmers can use to adjust resource management practices. The climate hubs will also educate the public on the risks that climate change poses to ranchlands, timberlands, and agriculture. According to the USDA, the program will also link a broad network of partners participating in climate risk adaptation and mitigation, including universities, NGOs, federal agencies, Native Nations, and many others. Read more HERE. Photo Credit: U.S. Department of Agriculture]]> 10194 0 0 0 https://landreport.com/2014/03/equestrian-roundup-floridas-wellington/ Wed, 19 Mar 2014 07:00:11 +0000 https://www.landreport.com/?p=10202 What’s the cost per acre of land in the most expensive equestrian market in the U.S.? That’s the question I posed to Brad Scherer, a longtime broker in Florida’s Palm Beach County. Scherer’s Atlantic Western Realty Corporation is a full-service real estate firm. In business since 1981, his knowledge of this market is best in show. [caption id="attachment_10206" align="alignleft" width="200"] Adolfo Cambiaso[/caption]“Grand Prix Farms in Wellington starts at $1 million per acre. I remember when it was a 300-acre ranch that had the most beautiful purebred Santa Gertrudis. Now it’s the most expensive equestrian real estate in the world. Our Wellington Land Report determined the price per acre in excess of $1 million, and in some cases as much as $2.5 million per acre for improved properties,” Scherer says. The Wellington Land Report that Scherer mentions is produced by Atlantic Western every other year. Focusing on market trends pertaining to equestrian land, it goes into minute detail on particulars such as gross sales, average price per acre, and acres sold. The first edition came out in 1996. At that time, polo was the dominant driver in the Wellington area, thanks in large measure to the pioneering efforts of Chicago’s Gould Company, which developed the Palm Beach Polo and Country Club in the late 1970s. [caption id="attachment_10207" align="alignright" width="300"] Hilario Ulloa[/caption]By the late 1990s, a more varied mix of equestrians was shifting Wellington away from its polocentric focus. Scherer credits this to “the huge expansion of the Wellington Equestrian Center, which hosts world-class equestrian competitions in multiple disciplines, including hunter, jumper, and dressage.” Although the number of participants in these sports may be small in number, the demographic is without compare. Among the snowbirds who flock to Wellington after New Year’s are Michael Bloomberg, Bruce Springsteen, Bill Gates, and John Malone, who owns not one but two properties in Wellington, including a 123-acre horse farm The Wall Street Journal reports he bought for $12.5 million. “If you calculate the average sales values by each of the distinct submarket areas that we survey, you could easily arrive at a valuation of Wellington’s equestrian area having a total market capitalization exceeding $2.5 billion in value. It’s just a phenomenal amount of value for equestrian land compressed into a very, very tight area,” Scherer says. [caption id="attachment_10208" align="alignleft" width="300"] A pony line at the wash rack after morning sets.[/caption]Which led me to a second a question: How has the nation’s top equestrian market rebounded from the Great Recession? “It’s just a phenomenal increase in activity,” he says, referring to the 2011 to 2013 span. “Our most recent Report calculated that over $300 million in sales has occurred over the past two years. We estimated the total acreage that changed hands to be in excess of 930, which reflects roughly 15 percent of Wellington’s total 8,000-acre equestrian market.” Before the Great Recession, the average price per acre within this market peaked at $420,000. Starting in 2009, it dipped down to $273,000 per acre. The most recent figures indicate that it subsequently rebounded to $323,000 per acre. “The bottom line: during this period properties that were the most aggressively priced and which offered the best value enjoyed the most sales activity.” Sage advice for investors in any market. I asked Scherer to weigh in on one final point: conservation. “What’s amazing about Wellington is that for the last 30 years it has been built out with a 90 percent utilization rate dedicated almost entirely to equestrian uses. The sale value of the equestrian property now exceeds what would be economically feasible for commercial development. So the conservation component to this phenomenon is purely economical.” Ready to Run: Current listings where you can saddle up. WINDSOME FARMS These 83 acres have 32,000 square feet of existing equestrian improvements, including a 52-stall barn, office, apartments, Grand Prix field dressage ring, training ring, and paddocks. PALM BEACH POINT In addition to a 5-bedroom/6.5 bath custom-designed pool home, this 10-acre property has a new 18-stall barn with 2 apartments and an owner’s lounge. 14155 EQUESTRIAN WAY Convenient location next to the showgrounds, this 4.47-acre property features a 4-bedroom/ 4-bathroom pool home with an 18-stall center aisle barn and two fully irrigated sand rings. 3674 GRAND PRIX FARMS DR Set on 5.62 acres, this 20-stall barn features 4 wash stalls, an owner’s lounge, 2 bedrooms, and grooms quarters, plus an all-weather ring, derby field, and 5 paddocks. JAN PAMELA POLO COMPLEX Prime location in the heart of Wellington’s Equestrian Preserve Area, this turn-key polo facility has 3 regulation tournament fields, 3 barns with 63 stalls, and 6 living quarters. ]]> 10202 0 0 0 https://landreport.com/2014/03/land-report-100er-stefan-soloviev/ Wed, 26 Mar 2014 07:00:56 +0000 https://www.landreport.com/?p=10223 This New York City-based entrepreneur first developed an interest in agriculture through commodity trading, specifically, grains. “That’s how I got away from sitting at a desk to being out in the West,” he says. With landholdings currently totaling 141,700 acres, Soloviev ranked No. 77 on the 2013 Land Report 100. He points out that he visits a different one of his properties every few weeks. One reason is that he enjoys implementing innovative agricultural practices such as working with drought-tolerant seeds. His company, Crossroads Agriculture, which he founded in 1999 in Topeka, was originally set up to produce, purchase, and store cash wheat in the Wichita area. He subsequently developed a large-scale cow-calf operation in New Mexico as a complement. Here, he explains his methodical process: “The grassland we have is three pretty large tracts between Portales and Roswell. Calves born in February stay with their mothers through the summer, and they’ll feed off the wheat throughout the winter. We have the option come March 1 to either pull them off the wheat and let the wheat come to harvest, or we’ll section off a part of our growing wheat for cattle and then sell in June, when they get heavier (upwards of 800 pounds).” The company’s SS brand is already widely recognized throughout the Southwest. [caption id="attachment_10228" align="alignleft" width="300"] An initial interest in commodities spurred Soloviev to pursue buying and selling cash wheat. He has since expanded his operations to include beef cattle.[/caption] Soloviev also grows wheat and cotton in Kansas and Colorado. “I call it Kansas-Colorado because it’s actually one area that’s all farmland,” he says. “The New Mexico operation took up a lot of time and focus with cattle and wheat, and we’ve expanded into grassland. So we’ve leased out a lot of the Kansas/Colorado land or converted it to crop share.” His latest innovation is the Payne Mountain Wind Farm Project northwest of Austin. Soloviev has had wind-speed measurement towers in place since 2007 and has acquired about a dozen land leases for the endeavor. Payne Mountain is named for Barzilla Payne, a Civil War-era settler, who was scalped by Indians. Dale Duncan, Payne’s great-grandson, still lives in the family’s historic homestead. Duncan is also the largest landowner now under lease to Soloviev’s wind project company. Though there’s another wind farm nearby, Soloviev says his operation is better positioned, thanks to its location on the most prominent part of the ridge line. Future plans include using the most technologically advanced turbines, the General Electric 2.5 megawatt model. Soloviev is also considering working with a strategic partner on the project. “The idea came from another wind farm I saw out in my territory about eight or nine years ago,” he says. “Texas was an obvious choice. It’s so pro wind energy compared to other states, due to the governorship of [former President] George W. Bush. It’s probably the most progressive state in regard to wind power. The transmission lines that go around our leased ground go right into Austin, and that’s what we’d do: deliver the energy straight into Austin. There’s a lot of potential. Everyone’s looking for wind farms. The thing that makes us unique is having these transmission lines so close to where the ranches were. A brand-new transmission line stretches from West Texas to Austin through this area. It seemed to be a natural fit.”]]> 10223 0 0 0 https://landreport.com/2014/03/land-report-march-2014-newsletter/ Sat, 15 Mar 2014 07:00:17 +0000 https://www.landreport.com/?p=10239 Be the first to peruse the Spring 2014 issue of the Magazine of the American Landowner. It's one of the many highlights of our March newsletter. Our Spring 2014 issue has already been mailed to subscribers and shipped to newsstands, but it's available right now online at Land Report.com. Among the many other stories you'll uncover in our March newsletter are which transactions were honored as the 2013 Deals of the Year, the new additions to the Land Report Top Ten, and the acquisition of Cabela's Trophy Properties by Sports Afield. For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, and Pinterest.]]> 10239 0 0 0 https://landreport.com/2014/04/the-usdas-agriculture-census-shows-a-big-bump-in-farming-revenues/ Wed, 02 Apr 2014 07:00:31 +0000 https://www.landreport.com/?p=10260 Final results from the federal government’s 2012 Census of Agriculture are still being tallied, but preliminary numbers show a vital and growing farm economy. Some of the more notable preliminary findings include a 33 percent increase in the value of agricultural products sold to $394 billion in 2012 compared to $297 billion in 2007. Much of that growth can be attributed to a 47.9 percent increase in the value of crops. (By comparison, livestock increased 18.7 percent in value over the same period.) The preliminary report also indicates that both the number of farms as well as the amount of land in farms decreased. A comprehensive review of all census items to the county level is scheduled for release this May. Visit the USDA website to download the preliminary report and review national and state-level data. Read more HERE.]]> 10260 0 0 0 https://landreport.com/2014/04/legal-headwinds-plague-cape-wind/ Tue, 08 Apr 2014 07:00:14 +0000 https://www.landreport.com/?p=10270 The oft-delayed Nantucket Sound wind farm faces more hurdles. A District Court in Boston has ruled that the US Fish & Wildlife Service and the National Marine Fisheries Service need to revisit Cape Wind’s impact on migrating birds and endangered right whales in Nantucket Sound. Backers of the project remain undeterred, especially in light of the portion of the court’s that rejected attempts to derail the permitting process. Read more HERE.]]> 10270 0 0 0 https://landreport.com/2014/04/the-land-report-top-ten-spring-2014/ Mon, 14 Apr 2014 07:00:10 +0000 https://www.landreport.com/?p=10311 1. NEW! Copper Beech Farm (Connecticut): $130 million A relic of Old Greenwich, this 50-acre estate (pictured above) is the last of its kind and includes two islands and more than a mile of shorefront. David Ogilvy of David Ogilvy & Associates has the listing. Click here to view the video. 2. Homer’s Pond (Massachusetts): $118 million This private retreat is set on 314 acres along the southern shore of Martha’s Vineyard. Available in its entirety or in smaller parcels. Grace Bloodwell and Charles Carlson of South Light Property have the listing. Click here to view the video. 3. NEW! Pumpkin Key (Florida): $110 million This 26-acre island in the Florida Keys sits between Key Largo and the mainland. Improvements include a main residence, two caretaker’s cottages, a dock master’s apartment, and an office. Accommodations and dockage at Ocean Reef transfer. Russell Post of Russell Post Sotheby’s International has the listing . 4. Y.O. Ranch (Texas): $85 million The Y.O. is recognized as a world leader in the management and preservation of exotic game. This iconic 29,000± acre Texas spread has been shepherded by the Schreiner family since 1880. Robert Dullnig of Kuper Sotheby’s International Realty has the listing. 5. Broken O Ranch (Texas): $81 million It’s hard to imagine more than 4,000 acres so close to a major metropolitan area, but that’s exactly the case with the Broken O, which is nestled less than half an hour outside of San Antonio. Listed with The duPerier Texas Land Man. 6. Crazy French Ranch (Colorado): $79 million This Southern Colorado landmark encompasses 40,000 acres that are home to bison, black bear, elk, mule deer, pronghorn, cougar, and turkey. Remnants of the Santa Fe Trail traverse the Crazy French, which features the highest point east of the Rockies. Henry Field, Field Brokers LLC has the listing. 7. Rancho Dos Pueblos (California): $79 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, Rancho Dos Pueblos is one of the largest remaining ranches along the Gaviota Coast. Kerry Mormann & Associates has the listing. Click here to view the video. 8. Four Peaks Ranch (Colorado): $75 million This Joshua & Co. listing outside Aspen features views of Mt. Sopris, Capital Peak, and Snowmass. More than 15 miles of trails crisscross the property, which sits on 876 acres. Click here to view the video. 9. Walton Ranch (Wyoming): $68.7 million Set at the foot of the Grand Tetons along the banks of the Snake River, this 1,848-acre working cattle ranch was pieced together by the Waltons starting in 1958. Twenty-five years later, the family placed the ranch under conservation easement. Billy Long and Ron Morris of Ranch Marketing Associates have the listing. Click here to view the video. 10. Rana Creek Ranch (California): $59.95 million Offered for the first time in 30 years, this 14,000-acre working cattle ranch with its own airstrip sits just 20 minutes from Carmel and 40 minutes from Pebble Beach. Suzanne Perkins of Sotheby’s International Realty Santa Barbara is the listing agent. Click here to view the video.]]> 10311 0 0 0 https://landreport.com/2014/04/the-land-report-spring-2014/ Tue, 15 Apr 2014 07:00:28 +0000 https://www.landreport.com/?p=10230 2013 was a year of superlatives: billion-dollar acquisitions, record-setting prices, and landmark sales. And behind the best of these deals one finds the stories of passionate landowners, men and women and families who went to extraordinary lengths to assemble, to nurture, and to steward each of these treasures. We are proud to single out the 2013 Deals of the Year in the Spring 2014 issue of The Magazine of the American Landowner:
  • The 2013 Land Report Deal of the Year: The Natural Bridge (Virginia)
  • The 2013 Agriculture Deal of the Year: Hager Farm & Ranch (Kansas)
  • The 2013 Conservation Deal of the Year: Trees Ranch (Utah)
  • The 2013 Ranchland Deal of the Year: Camp Warren Oates (Montana)
  • The 2013 Timberland Deal of the Year: MeadWestvaco Southern Timberlands (Alabama, Georgia, South Carolina, Virginia, West Virginia)
  Congratulations to all those who participated in each of these epic transactions!]]> 10230 0 0 0 https://landreport.com/2014/06/the-donation-of-virginias-natural-bridge-named-the-land-reports-2013-deal-of-the-year/ Sun, 15 Jun 2014 07:00:05 +0000 https://www.landreport.com/?p=10244

  The Donation of One of the Seven Wonders of the New World Takes Top Honors as The Land Report 2013 Deal of the Year.

  In 1774, two years before he penned the Declaration of Independence, Thomas Jefferson purchased Virginia’s Natural Bridge from King George III. Jefferson’s goal? To ensure public access to the natural wonder he described as “the most sublime of nature’s works.” And the total cost to the 31-year-old Virginian? Some 20 shillings. In 2013, Angelo Puglisi (right), the son of Italian immigrants and the owner the Natural Bridge since 1988, donated this national landmark to the citizens of the Commonwealth of Virginia. The estimated value of the 88-year-old Washingtonian’s gift? $21 million. Puglisi’s noble donation, one that honors Jefferson, our Founding Fathers, and the country that afforded the Puglisis endless opportunities and freedoms, is a stirring story in itself, for the Bridge is no ordinary collection of metes and bounds. It has been admired by presidents, celebrated by artists, and featured in classics such as Moby Dick. Furthermore, Puglisi’s generosity required an extraordinarily complex series of transactions, ones that tested a team of seasoned pros racing against the clock. For these reasons and to salute a timeless legacy that will be shared by millions of Virginians and Americans in perpetuity, Angelo Puglisi’s gift of the Natural Bridge has been selected as The Land Report 2013 Deal of the Year.

  _______________________________________________

  To the Native American Monacan tribe, it was the Bridge of God, a sacred site, where their forefathers defeated the Powhatans in battle. Centuries later, legend has it that a youthful George Washington surveyed the Bridge while in the employ of Lord Fairfax. The Sage of Monticello was so taken by the Bridge that he bought the landmark and a total of 157 acres from the Crown. Jefferson’s description of his purchase bears little improvement: “It is on the assent of a hill, which seems to have been cloven through its length by some great convulsion. The fissure, just at the bridge, is, by some admeasurements, 270 feet deep, by others only 205. It is about 40 feet wide at the bottom, and 90 feet at the top … The fissure … opens a short but very pleasing view of the North mountain on one side and Blue ridge on the other … This bridge is in the county of Rock bridge, to which it has given name and affords a public and commodious passage over a valley which cannot be crossed elsewhere for a considerable distance. The stream passing under it is called Cedar creek. It is a water of James river, and sufficient in the driest seasons to turn a grist-mill, though its fountain is not more than two miles above.” Jefferson built a two-room cabin for his guests, which would include James Monroe, Henry Clay, and Sam Houston. By the end of the 1700s, the Bridge was attracting the curious from America and abroad. In 1833, after Jefferson’s heirs sold the site, the new owner erected the Forest Inn to welcome an ever-increasing number of visitors. By the 1880s, the Bridge and the nearby Rockbridge Inn, owned by Colonel Henry Parson, had become a popular resort. By the time President and Mrs. William McKinley visited in 1899, the Bridge was considered one of the Seven Wonders of the New World. In Moby Dick, Herman Melville likened his great white whale to the Bridge. Countless landscape painters, including David Johnson and Frederic Edwin Church (below), memorialized it on canvas. [caption id="attachment_10253" align="aligncenter" width="550"] The Natural Bridge, Virginia, Frederic Edwin Church (1852)
  Courtesy of the University of Virginia Art Museum[/caption] More recently, the Caverns at Natural Bridge – among the deepest and most spectacular on the East Coast – opened to the public in 1978, and it was designated a National Historic Landmark by the Interior Department in 1988. That’s right about the time Puglisi entered. A prominent East Coast real estate developer, he learned of the Natural Bridge through a friend in Charlottesville who suggested Puglisi buy it. At first, Puglisi didn’t think the Bridge fit his plans. The friend persisted. “When I finally saw this natural wonder, and started learning its history and its connection to our Founding Fathers – the men who made my father’s dream and the dreams of millions of other immigrants possible – I knew it had to be protected for future generations,” says Puglisi. “I didn’t want a zip line running off it.” Since 1988, Puglisi has owned and operated the site and its attractions, including the Natural Bridge Hotel, Native American Village complex, and an additional 1,200 acres of hardwood forest and pasture. In 2008, for estate planning purposes, Puglisi decided to put the Bridge on the market. Thanks to the Great Recession and a $39 million price tag, he got no offers. In 2013, he approached Jim Woltz of Roanoke-based Woltz and Associates, a brokerage and auction house specializing in timberland and conservation easements. [caption id="attachment_10254" align="alignleft" width="199"] Tiny Cedar Creek, a tributary of the James River, was the force that carved the massive limestone landmark.[/caption] Woltz says, “We were moving toward an auction. We had all the paperwork done. Angelo pulled me aside and said, ‘Now, here’s what I really want you to do. I want you to figure out how to get this to a state or national park so that we preserve this history. I’m afraid that in 20 years people aren’t going to know who Thomas Jefferson was. He is the very reason for the success I’ve enjoyed.’” While his office prepared for the auction, Woltz arranged environmental surveys of the property. He also met with the director of the National Park Service, Jonathan Jarvis. The agency couldn’t purchase. It could only accept it, pending a positive reconnaissance survey. Not surprisingly, the survey deemed the Natural Bridge highly desirable. While working with Puglisi on the Natural Bridge sale, Woltz was involved with Tom Clarke on a conservation deal involving a mountaintop property coveted by Virginia Department of Game and Inland Fisheries. Woltz decided to pitch the Natural Bridge to Clarke, who founded Kissito Healthcare, a well-known Roanoke-based nonprofit. “Here was a national monument of great beauty and historical importance, one of the Seven Wonders of the New World,” Woltz says. “The income stream on just the ticket sales totals $2 million per year.” Like many Virginians, Clarke had visited the Natural Bridge several times. His enthusiasm only grew as he studied the site’s history and assets. He decided to get involved. “We like to figure out how to take large parcels of land and generate income from them that can be used to do positive things for the land itself or other charitable causes,” Clarke says. Woltz and Clarke approached the Virginia Department of Recreation and Conservation to ascertain interest in the Natural Bridge and to request a reconnaissance study. Woltz has a long, productive relationship with the department, having personally donated land for the popular New River Trail. Much to everyone’s delight, the state’s reconnaissance team discovered several important ecological resources and deemed the property extremely desirable as a state park. Woltz and Clarke then arranged a loan through the Virginia Clean Water Fund, and began the arduous process of acquiring mandatory appraisals and permits. [caption id="attachment_10255" align="alignright" width="251"] “It is impossible for the emotions
  arising from the sublime, to be felt
  beyond what they are here …”
  Thomas Jefferson,
  Notes on the
  State of Virginia[/caption] Says Clarke, “When it came to the Natural Bridge, we were fortunate that one of our subsidiaries is a conservation entity, so we qualified for some very cost-effective capital.” Unfortunately, the funding came up short. Puglisi had two options: He could give the Bridge to the state, recover some of his money through tax credits, and fall short of his original financial goals, or he could go ahead with the auction and potentially jeopardize the long-term preservation of the Bridge. Puglisi didn’t hesitate. “Go for the state park deal,” he said. In preparation for the auction, the holdings had been divided into 35 tracts. The 188-acre Natural Bridge parcel, valued at $21 million, was donated to Kissito’s Virginia Conservation Legacy Fund (VCLF). Since the deed involved a conservation easement, the state gave Puglisi tax credits worth about $7 million. The terms require VCLF to release the property to the state, less the hotel and cottages, once VCLF retires the $9.1 million note used to purchase the remaining 1,200 acres. Clarke plans to retire the note by the end of 2015 using ticket and hotel revenue, and additional donor funds. The parcels containing the hotel and cottages were transferred to a newly formed, for-profit, limited partnership, set up through Kissito. Clarke has already hired hospitality consultants and is raising capital for hotel renovation. He hopes to operate the facility as a “Friend of the Park,” to raise money for improvements and other good works. Long story short, the Natural Bridge won’t cost Virginia taxpayers a single cent. [caption id="attachment_10257" align="alignleft" width="251"] Thanks in large measure to his prowess as a surveyor, the Father of Our Country was a seasoned landowner. He reportedly surveyed the Natural Bridge in 1750.[/caption] Virginia State Park Director Joe Elton considers the Natural Bridge acquisition the most complex – and satisfying – land deal he’s seen. “There was political commitment right off that if the property came as a gift, we could do it. If we had to raise our own money to buy it, we probably couldn’t do it,” he says. “Fortunately Tom Clarke can take extremely complicated concepts, boil them down to manageable size, and recognize paths that aren’t obvious to other very smart people. I don’t know how many times I put down the phone, certain that the deal was dead. But somebody would always come up with a way forward. To say that Jim and Angelo were in a state of high anxiety, not just over the complexity of the deal, but from having to trust the government and government programs, would be an understatement. You make the donation and then hope the agencies decide in your favor. That’s quite a leap of faith for a businessman.” Elton adds, “The commitment was there. In the back of everyone’s mind was the possibility that someone with a huge bank account would buy the property and do something with it we’d all hate.” Clarke is already working with Elton and his staff to develop exhibits and educational programs to ensure a seamless handoff from Natural Bridge Park to Natural Bridge State Park. “The esprit de corps among the teams is phenomenal. It’s everybody pulling together. You sure don’t see that every day,” Elton says. Within a decade of the state park’s opening, he anticipates 1 million visitors annually. Puglisi is especially excited about the educational programs being developed that will feature the Founding Fathers. “The Bridge and its history are as precious as the Liberty Bell,” Puglisi says. Woltz holds Puglisi in similar regard. “This is a great story about how a person was inspired because of what a property meant to him,” he says. “Angelo was willing to sacrifice a lot of the money in order to make the Natural Bridge a state park. It wouldn’t have been possible without a lot of commitment from everyone involved, and the Virginia Conservation Tax credit. But the real hero here is Angelo, not us.”

  The Natural Bridge of Virginia

  Seller: Angelo Puglisi Seller’s Broker: Jim Woltz, Woltz & Associates Virginia State Parks: Joe Elton Kissito’s Virginia Conservation Legacy Fund: Tom Clarke

  The Land Report 2013 Deal of the Year sponsored by:

  ]]> 10244 0 0 0 https://landreport.com/2014/06/the-land-report-2013-timberland-deal-of-the-year-meadwestvaco-southern-timberlands/ Sun, 15 Jun 2014 07:00:35 +0000 https://www.landreport.com/?p=10315 In December, Plum Creek Timber (PCL) cemented its position as one of the nation’s largest private landowners when the timber REIT paid more than $1 billion for a slew of assets from packaging giant MeadWestvaco (MWV), including 501,000 acres of timberlands in Alabama, Georgia, South Carolina, Virginia, and West Virginia. “These timberlands have a long history of excellent forest management,” said Plum Creek CEO Rick Holley in a press release. “The high stocking levels and older age of the timberlands make them particularly attractive. These assets should integrate seamlessly into our existing timberland ownership in the Southeast and add to our presence in key markets. The West Virginia timberlands are contiguous with our high-value hardwood lands in the state.” In addition to the timberland, Plum Creek also acquired mineral and wind assets as well as a 50 percent interest in joint ventures with MeadWestvaco consisting of 109,000 acres of high-value rural lands and development-quality lands near Charleston, South Carolina. The principal asset of the joint ventures is the 72,000-acre East Edisto tract just outside Charlotte, which MWV Community Development will continue to oversee. “We’re not developers,” Holley told The Post and Courier. The billion-dollar sale ranks as the largest land deal since John Malone’s purchase of more than one million acres of Maine and New Hampshire timberland in 2011 and was structured as follows: $869 million for the 501,000 acres of timberlands; $65 million for the subsurface and wind-power assets; and $152 million for a 50 percent interest in the joint ventures near Charleston. Plum Creek paid $226 million in cash and issued an $860 million installment note.  ]]> 10315 0 0 0 https://landreport.com/2014/04/record-harvests-gird-land-values-in-the-corn-belt/ Tue, 22 Apr 2014 07:00:54 +0000 https://www.landreport.com/?p=10328

  As demand tanked, corn and soybean yields surged in 2013. The result, according to the Chicago Fed, was the second smallest gain in farmland values over the last decade.

  NATIONAL — TREND In 2013, King Corn stumbled. The country’s most valuable crop was also the worst performing commodity on the S&P GSCI Index. Corn futures dropped 40 percent last year, the steepest single-year dip since the 1960s. According to the USDA, the rebound in agricultural production for the United States in 2013 led to the largest corn crop and the third-largest soybean crop on record. MIDWEST — FOCUS According to the Chicago Fed, in 2013, “... the Seventh Federal Reserve District had an annual increase of 5 percent in ‘good’ farmland values, yet growth in farmland values appeared to be slowing.” “Overall, the District’s crop production bounced back strongly from the 2012 drought, but drought returned to the Midwest in 2013, hitting Iowa the hardest ...” For a copy of the Seventh Federal Reserve District’s AgLetter, go to www.ChicagoFed.org.]]> 10328 0 0 0 https://landreport.com/2014/06/the-land-report-2013-agriculture-deal-of-the-year-hager-farm-ranch/ Sun, 15 Jun 2014 07:00:39 +0000 https://www.landreport.com/?p=10339 In 1978, Walter Hager relied on Broker John Wildin to help him buy his first 13 quarters in Kansas. That was also the year he married Virginia Siverson, who became intimately involved in all aspects of their operations. Of her husband, she would say he was never happier than when seated in a John Deere tractor where he could look over his shoulder and see what he had accomplished that day. Says Hall and Hall’s Jim Taylor, “Walter Hager was a man who got up every morning and went to work. He was focused on his farming and ranching, and he mentored many young men to follow in his footsteps. He was the embodiment of the old adage that states: ‘The secret of success is good luck, and the harder you work the luckier you get.’” After Walter passed away in January 2013, Virginia turned to Hall and Hall to market the family’s Kansas farm and ranchlands. According to Hall and Hall’s Auction Specialist, Scott Shuman, the auction results were nothing short of spectacular: “The property consisted of 33,667 acres. Some of the properties were strictly farmland while some was ranchland. We offered 54 tracts in three sessions; 127 people registered and more than 400 attended. The auction set new records in two different counties. We capped it off by selling the equipment for just shy of $3.6 million, which brought the grand total to approximately $50.1 million. To my knowledge there has never been an event quite like it. It was certainly one of the biggest farmland auctions ever held.” Says Taylor, “We at Hall and Hall feel privileged to have been asked to represent the family in the sale of this legacy farming and ranching operation.”]]> 10339 0 0 0 https://landreport.com/2014/04/land-report-april-2014-newsletter/ Tue, 15 Apr 2014 07:00:27 +0000 https://www.landreport.com/?p=10348 The importance of land to our society - as a resource, a common theme, and a point of contention - is a constant source of amazement. Water policy, agricultural programs, master-planned communities - so many aspects of our day-to-day existence bring us back to the land, its stewardship, and the many policies that are enacted (and contested) about it. Our April newsletter features a broad range of news items that prove this point, including several landmark court cases with enormous implications. The April newsletter also includes an update on an exciting new opportunity, the ULI Large Landowners Forum, which was held in conjunction with the ULI Spring Meeting in Vancouver. For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, and Pinterest.]]> 10348 0 0 0 https://landreport.com/2014/05/eye-on-the-big-sky/ Thu, 01 May 2014 07:00:12 +0000 https://www.landreport.com/?p=10349 The best source for the inside scoop on Montana’s ranch markets may well be Clark Wheeler’s annual study. The Flying D, the Broken O, the N Bar — these are a few of the iconic brands that have made Montana the gold standard for production ranches. And recreational ranches? A similar pedigree exists. All the proof can be found in the hundred or so pages of Norman Maclean’s novella A River Runs Through It. It’s doubtful that anyone can dissect the trends associated with these properties better than Clark Wheeler. Beginning with his father, Norman, the Wheelers have been appraising ranches in the Treasure State since 1958 (www.ncwheeler.com). Their database spans more than half a century. Each year it is enhanced and then used to produce the firm’s Montana Land Study. Many brokers have a keen sense for how the Montana market is performing, but Wheeler’s report offers a statistical glimpse at trends in ranch sales and price per acre. “We all contribute to it,” says Hall and Hall Managing Director Joel Leadbetter. “We’re some of the people Clark looks to in order to get his data. But it’s nice to see it all in one place, and it’s widely read by those with ties to Montana ranch real estate.” And what stands out in the current edition is the steep decline in total acres sold. “The 2013 data shows a substantial decrease in volume in recreational ranches and production ranches. But this is more about a lack of supply than a lack of demand,” Clark says. So where have all the ranches gone? “This business goes in cycles,” says Leadbetter. “There might be five ranches for sale in one valley one year then nothing the next. It’s weird that way. We were in one of those cycles in 2011 and 2012 where we worked through a lot of big inventory. But just recently some new substantial offerings are starting to trickle back into the market.” [caption id="attachment_10352" align="aligncenter" width="588"] Following the Great Recession, land values in Montana bottomed in 2010 and have steadily increased.[/caption] Leadbetter also attributes the slump to key market factors. “For starters, cattle prices are off the charts and interest rates are low, so all the stars are lined up for ranchers to make money. They’re not going anywhere for the time being,” he says. “Also many of these landowners are in it for the long haul; they’re generational ranches that might not come back onto the market in my lifetime.” Leadbetter also notes that long-term lending requirements affect production ranches. “There’s typically a 50 percent loan-to-value [ratio], so when the market turns south these ranchers have so much equity invested that they’re not just going to walk away,” he says. Justin Todd of Sonny Todd Real Estate has been immersed in production ranch sales, in particular, on the wide-open flats of Eastern Montana. “We’ve been in business for almost 40 years, and the cycles from Billings east have been pretty steady the whole time,” Todd says. His observation is borne out by Wheeler’s study. Todd attributes this slow steady growth to the underlying ag value. “These ranchers aren’t buying the land for beauty and serenity. They want cows and good irrigation. That’s why this market didn’t drop because unlike the recreational ranch market it never spiked.” Todd says that over the last six months sales have been very strong, and he sees the trend continuing. “I think ag ranches are going to continue to have a steady increase in demand and price per acre,” he says. Greg Fay of Fay Ranches sees value in statistics like those from the Montana Land Study. But he adds that there is a level of subjectivity that can be difficult to measure, especially when it comes to recreational ranches. “Every ranch is unique, and they all have subjective values,” Fay says. “Within our marketplace you have to be on the ranches on a daily basis to see what generates value, such as the aesthetics, the views, the topography, the quality of the recreation, and things of that nature.” Fay doesn’t see any issues with the current inventory. Recreational ranches typically don’t hit the market until late spring. And after a record year in 2013 and a strong start in 2014, he is more than optimistic. “Our statistics at Fay Ranches are more reflective of the fact that we’ve grown as a company,” he says. “In general, there’s a nice slow recovery happening right now in Montana, and I like to see that. It’s the spikes in the market that scare me.”]]> 10349 0 0 0 https://landreport.com/2014/06/the-land-report-2013-conservation-deal-of-the-year-trees-ranch/ Sun, 15 Jun 2014 07:00:27 +0000 https://www.landreport.com/?p=10356 Utah’s private national park finds a new steward. In Southern Utah, not far from the small town of Springdale, tourists motoring down the Zion Park Scenic Byway ooh and aah at the red clay buttes, the bizarre rock formations, and the towering sandstone monoliths that color the desert landscape. These iconic features herald the approach to Zion National Park, but they fail to prepare you for what comes next: a lush, organic apple orchard. Although many will stop, few have any idea what lies beyond the well-watered, tree-filled fields. After all, other than the orchard’s timber-and-brick storefront, there are no power lines or, for that matter, visible signs of civilization. Utah’s first organic apple orchard is in fact one of many facets of the spectacular 2,066-acre Trees Ranch, which was created in 1981 by Jim Trees, a founder of the asset management firm Fischer, Francis, Trees and Watts. Trees was also a founding member of the Grand Canyon Trust, which protects the land, water, air, and wildlife in the canyons and mountains of the Colorado Plateau surrounding the Grand Canyon. Together with Lionel Pincus, founder of the private equity firm Warburg Pincus, the two ended up creating their own version of a national park on their Utah ranch, putting part of it under conservation easement through the Grand Canyon Trust and carefully stewarding the remaining portions to honor the area’s unique ecological and historical resources. “To this day, the Trees is a Shangri-La,” says Broker Ken Mirr of the Denver-based Mirr Ranch Group. In a past life, Mirr was a public lands attorney, specializing in land swaps all over the US. “I’ve seen a lot of beautiful land, but this ranch is spectacular. The views are stunning with monoliths shooting up in front of your face from the porch of the main house. They definitely made sure to preserve the visual aesthetics in time,” Mirr says. The Trees Ranch is bordered on three sides by public lands: Zion National Park to the north and east, and the 44,531-acre Canaan Mountain Wilderness and BLM to the south. Then there’s the water. The Trees Ranch is blessed by more than six miles of the East Fork and the North Fork of the Virgin River, as well as Shunes Creek and South Creek. In 2009, portions of the East Fork and Shunes Creek were designated part of the National Wild and Scenic Rivers system. [caption id="attachment_10360" align="aligncenter" width="588"] Brilliantly colored Navajo sandstone is a hallmark of the Trees as well as Zion National Park.[/caption] A 60-acre reservoir collects water for irrigation and daily use on the ranch. The water is then channeled through a pump house. Underground pipes lead to the principal residence and three guesthouses. All were designed by William McDonough, a well-known sustainable architect; each is well-hidden, thanks to careful siting and the use of adobe-like bricks crafted from materials found on the property. All electrical lines are buried under dirt roads, leaving no trace above ground. Among the other structures on the ranch are Anasazi ruins as well as a pioneer settlement that was visited by John Wesley Powell during a mid-19th century expedition. After Trees passed away in 2008 and Pincus in 2009, the future of the ranch and its conservation-minded efforts was at stake. Those around the Springdale community worried that the ranch might be bought and developed. After all, it wasn’t your typical Western legacy ranch. It was a Southwestern mecca all of its own. Not only did a buyer have to have the means to pay $25 million, but there needed to be motivation to build on the base that Trees and Pincus had established. Mirr was charged with finding that buyer. “Ultimately, the target was to find someone with the capacity and the interest,” he explains. “It didn't fit the fly-fisherman, the hunter, the cattleman — any of the typical buyers in the Rocky Mountain regions. This took someone with a different appreciation, an interest in maintaining and restoring, and an appreciation for what was done in the past. And someone with the means, of course.” Mirr invited leaders from The Nature Conservancy and other conservation organizations to visit the ranch. He also invited resort operators. Then one day he received a surprise phone call from a woman representing a buyer who was looking for awe-inspiring desert views that were ultimately intact. [caption id="attachment_10361" align="alignright" width="223"] Paul Allen, the new owner of the Trees Ranch, celebrates the Seahawks’ 2014 Super Bowl victory.[/caption] “You never know who’s going to call,” Mirr laughs. “You can have a guy in prison or a billionaire, and you never know who’s on the other end of the line,” he says. In this case, the potential buyer was the latter, and after a couple of visits, it was proven to be a superb fit all around. The new owner? Paul Allen, co-founder of Microsoft and owner of the Super Bowl XLVIII champion Seattle Seahawks. What many fail to realize is that Allen’s private investment company, Vulcan Capital, has committed considerable resources to conservation initiatives. According to the Vulcan Capital website, it’s invested $7 million in Elephants Without Borders and has also been redeveloping portions of Seattle’s industrial areas into sustainable communities. The deal between the owners’ heirs and Allen moved relatively fast, due in part to the fact that the Trees Ranch was in such extraordinary condition. Says Mirr, “It is so pristine that it was like ‘what you see is what you get.’ There are no hidden elements. Other than a little age and a few buildings, your surroundings will basically never change.” And there is every indication that this will continue with Allen at the helm. According to Mirr, Jim Trees would be more than pleased with this new chapter in the stewardship of his beloved ranch. In addition, the surrounding community as well as a variety of conservation groups can rest assured knowing that Allen has the resources to continue this vital conservation effort.  ]]> 10356 0 0 0 https://landreport.com/2014/05/beef-prices-jump-25-in-the-first-quarter/ Mon, 05 May 2014 07:00:57 +0000 https://www.landreport.com/?p=10363 Record production costs, the smallest national herd in half a century, increased demand from China and Japan — whatever the reason, the price of US beef has skyrocketed to its highest level in almost three decades. February’s $5.28 per-pound price is the highest since 1987, and it is expected to remain elevated for several months. The spike comes amid growing demand for beef exports to Asia, and it worsens the financial risks for some US ranchers who are struggling to recover from record drought.]]> 10363 0 0 0 https://landreport.com/2014/05/water-policy-decision-in-everglades-case/ Fri, 09 May 2014 07:00:00 +0000 https://www.landreport.com/?p=10374 In March, US District Judge Kenneth Karas of New York ruled that pumping water out of Florida’s Lake Okeechobee to irrigate farms and then pumping nutrient-laden water back into the lake violates the Clean Water Act. Groups such as Earthjustice and the Florida Wildlife Federation filed the lawsuit in 2002 saying the South Florida Water Management District was not conforming to federal policy. The case ended up in New York after several lower court opinions and appeals. The water district can appeal the ruling. Lake Okeechobee is the source of drinking water for millions of Floridians. Read more HERE.]]> 10374 0 0 0 https://landreport.com/2014/06/the-land-report-2013-ranchland-deal-of-the-year-camp-warren-oates/ Sun, 15 Jun 2014 07:00:53 +0000 https://www.landreport.com/?p=10377 Well watered, Camp Warren Oates has served as a sanctuary for centuries.[/caption] By Corinne Gaffner Garcia Over a decade ago, David Couch, a real estate developer from North Carolina, was flipping through a copy of Architectural Digest when he saw a story about Dennis Quaid’s Montana ranch. He found himself drawn to the main house. The Chief Joseph stone and wood accents, stellar views, and tasteful, yet casual décor were perfect. “It was exactly what I wanted to build someday. It was like I didn’t need to look any further, that was it,” he says. Tucked away in Paradise Valley at the foot of Emigrant Peak, Quaid’s 418-acre getaway sits 13 miles from Yellowstone National Park. Known as Camp Warren Oates, the ranch is a patchwork of 14 properties that Quaid spent decades stitching together. Steeped in history, it’s been home to generations of Native Americans, pioneering settlers, and, for the last 50 years or so, Hollywood types escaping the hustle and bustle of L.A. Thanks to Six Mile Creek and miles of surrounding forest land, Camp Warren Oates is well-insulated from Hollywood hype. And that’s exactly what Warren Oates and Sam Peckinpah were looking for when they bought adjacent properties, some from writer Tom McGuane. Oates was best known for acting in Westerns, including The Wild Bunch (1969), which was directed by Peckinpah. On the ranch, it was almost as if this dynamic duo lived out their films, complete with cowboy and Indian lore, hunting and fishing, and wide-open, starlit skies. Peckinpah’s rustic cabin — with no electricity or running water — is tucked in the woods, surrounded by national forest. Oates’s quaint cabin sits a few miles away next to a rustic wine cellar tucked into a hillside. After working with Quaid, Oates invited the up-and-coming actor to visit the ranch. The native Texan fell in love with Montana. Quaid eventually bought both properties after Oates and Peckinpah passed away with much of their memorabilia intact in their two respective cabins. He remodeled the two-bedroom cabin and put a screened-in bunkroom right on Six Mile Creek. In the years to come, he built a 5,300-square-foot main house, the one Couch remembered so fondly. After almost 30 years of ownership, Quaid decided to put his ranch on the market. Ultimately, he relied on Tracy Raich of Raich Montana Properties, one of the top brokers in the coveted Paradise Valley market. “It’s a complicated property with all these different parcels, different types of land, and structures from different eras. I spent a full week crunching numbers and talking to ranch appraisers,” Rauch says. When Couch found himself in Montana last summer, he decided to check out properties. On a friend’s recommendation, he called Ryan Flair of Fay Ranches. [caption id="attachment_10381" align="aligncenter" width="588"] Blue Ridge Companies CEO David Couch is proud to carry on the legacy of stewardship that dates back to Tom McGuane and includes Sam Peckinpah, Warren Oates, and Dennis Quaid.[/caption] “David knew what he wanted to look at: properties with views, water, and within a good proximity to cultural centers,” Flair says. “He’d heard about the Quaid Ranch and remembered seeing it in Architectural Digest. He was more than a little curious to take a look and see it firsthand. We ended up spending four or five hours walking the property and learning about its rich history. The next day we went right back.” Couch was captivated by the setting, intrigued by the history, and the main home was even better than he remembered. With its many cabins, not only could Camp Warren Oates accommodate plenty of family and friends, but his 17-year-old son, Andrew, loves hunting and fishing, and his 20-year-old daughter, Sara, would enjoy the close proximity to Livingston and Bozeman. “There was great energy and history here, and it was just begging for people to enjoy it,” Couch says. Another big appeal was the fact that Quaid was selling the ranch as is. “It was a turnkey opportunity, furnished and stocked. All I needed to do was pack a toothbrush, and I could move right in,” Couch says. Quaid decided to leave everything from the bedding and the workout equipment to dishware and memorabilia from the Oates and Peckinpah days. He even included the ranch vehicles in the bill of sale. “Dennis wanted to make sure to leave the history intact. That was really important to him. Sam’s Cabin is like a museum, and Dennis never moved anything. It’s so special and near and dear to his heart,” Raich says. Within days of a first look, Couch made an offer. Not long afterwards there was a meeting of the minds. Everything was on track for a smooth closing. Then Mother Nature struck. A wildfire had been smoldering high on Emigrant Peak. After lingering for weeks, it blew up, threatening to engulf Camp Warren Oates. The Emigrant Fire was a nail-biter for all involved. “It looked like an atomic bomb went off behind the ranch. The fire went from 600 acres to 8,000 acres in five hours,” Flair says. Firefighters responded ASAP. Sprinklers were turned on all over the ranch. It was all hands on deck. A furious effort was required to save Sam’s Cabin, which came perilously close to catching on fire. Fortunately for everyone, the only casualties were burned brush and charred trees. Quaid made a point of personally thanking every firefighter for saving the day. “This is what happens at high elevation with lightning storms. If buyers want to enjoy our Western way of life in the Paradise Valley they have to accept this. That’s what I told David. This is Mother Nature,” Raich says. By September, Couch moved in. He still can’t believe the irony of owning the ranch he read about years ago. “I plan to keep this in the family and share it with friends,” he says. “It brings me a lot of joy to be able to share this with people who have been instrumental in my life.” ]]> 10377 0 0 0 https://landreport.com/2014/05/supreme-court-sides-with-landowner-in-rails-to-trails-case/ Thu, 15 May 2014 07:00:33 +0000 https://www.landreport.com/?p=10388 Throughout the 19th century, Congress spurred track expansion by granting land and other property rights to private railroad operators. These days, however, more tracks are getting torn up than put down. In many instances, this causes certain property rights to revert back to original owners. At least that’s how it’s supposed to happen, according to a landmark Supreme Court decision in March that focused on rails-to-trails projects. One justice wrote that Congress “granted an easement and nothing more” — meaning that without an operating rail system there are no lingering right-of-ways for recreational trails. Although the ruling centered on a case in Wyoming’s Medicine Bow National Forest, its impact will be felt in dozens of states with ongoing cases where owners are challenging rails-to-trails projects. Read more HERE.]]> 10388 0 0 0 https://landreport.com/2014/05/lands-best-friend-blueblood-red-ticking/ Mon, 19 May 2014 11:40:48 +0000 https://www.landreport.com/?p=10393 Tell-the-Truth, the English coonhound on the right, and Lawyer, the Treeing Walker on the left, are raring to go for their master, Big Wayne McCray.[/caption]

  There’s no truer redcoat than the English coonhound.

  One of the breeds most associated with the American backwoods was actually developed to meet the needs of European aristocrats and colonial American cavaliers. In Medieval Europe, prior to the development of the pointing and retrieving breeds, hunting dogs were sight and scent hounds, curs, mastiffs, or various descendants of the Roman Mollossus and Celtic war dogs. Scent hounds probably developed from mastiff-type dogs in Western Europe during the Bronze Age and early Iron Age. By the late Middle Ages, certain types were breeding true to form, meaning long ears, deep voice, and keen sense of smell. In 1770, an avid foxhunter and native Virginian named George Washington imported several hounds from England. These dogs became the foundation of the legendary “Virginia Hounds,” the rootstock of the modern English coonhound. Breeders developed the “English,” or red tick, as it’s called, by adapting the older European hounds to North America’s rough terrain and tree-climbing game. English coonhounds are methodical trailers. Slow to tree, they’re deadly accurate. When a good English trees, the meat’s there. Do:
  • Run your pup with experienced hounds after she’s hunting boldly on her own.
  • Choose hound pups from established working lines. Hunting hounds are typically registered with the United Kennel Club or the National Kennel Club. Hounds registered with the American Kennel Club are typically bred for the show ring.
  Don’t:
  • Neglect basic obedience. Hounds must be independent, but they should load on command and come when called (at least when they’re not hot on the trail or treed).
  ]]> 10393 0 0 0 https://landreport.com/2014/05/sold-dodgers-co-owner-bobby-patton-buys-new-mexicos-york-ranch/ Tue, 27 May 2014 07:00:15 +0000 https://www.landreport.com/?p=10401 At more than 173,000 acres, the York Ranch features 35,236 acres of deeded land, 134,800 acres of BLM land, and a 3,200-acre State of New Mexico lease. The ranch sold in February to Double H Holdings LLC, an entity controlled by Patton. In 2012, Patton was one of six partners who bought the L.A. Dodgers for $2.15 billion. York Ranch was listed with Jeff Buerger of Hall and Hall for $10.944 million. The final selling price was not immediately available. According to the Hall and Hall website, York Ranch is allocated 14 big-game tags and includes “46 individually fenced pastures interspersed by 50 wind and solar livestock wells.”]]> 10401 0 0 0 https://landreport.com/2014/05/national-park-proves-a-hard-gift-to-give/ Thu, 29 May 2014 07:00:51 +0000 https://www.landreport.com/?p=10410

  Roxanne Quimby Faces an Uphill Battle to Bequest 100,000 Acres

  By Katharine Q. Seelye Lucas St. Clair pulled up to an overlook in Maine’s North Woods to a stunning vista of Mount Katahdin, the state’s highest peak and the endpoint of the Appalachian Trail. Stretched out below was a vast green carpet of pine and spruce flecked with golden aspens and blazing red maples; Millinocket Lake glistened in the distance. “I think it’s national-park worthy,” he said. This was not an idle observation. Mr. St. Clair and his mother, Roxanne Quimby, who owns the land, have been trying for years to turn these woods into a national park. But ferocious opposition has stalled their plan, partly out of antipathy toward Ms. Quimby, who, against Maine tradition, closed off her lands to hunters and snowmobilers, and partly because many in this fiercely independent region loathe the idea of giving Washington a toehold. Besides, it is actually hard to create a national park. Consider this: Since Congress named Yellowstone the first national park in 1872, it has conferred this prized title on only 58 other sites. And most, including the Grand Canyon, received lesser designations, like national monument, long before they officially became parks. The most recent national park – Pinnacles, in California – was so designated in January, after being named a national monument in 1908. The grand philanthropic gestures of families like the Rockefellers and Mellons, who helped build and expand the national parks, are now few and far between, and even for them it was not always easy. John D. Rockefeller Jr. spent three torturous decades trying to overcome local opposition so he could add land to Grand Teton National Park. Here in the Maine woods, Ms. Quimby is flush with land she acquired after co-founding and later selling Burt’s Bees, the skin-care company known for its lip balm. She ranks 88th on The Land Report’s 2013 list of the nation’s 100 largest landowners and has been trying to establish a national park for years by giving more than 100,000 acres to the federal government. But after so much strife, Ms. Quimby has receded from the public fight and turned the mission over to her son. They need the support of local residents in order to create a park, and so Mr. St. Clair has undertaken a grass-roots campaign to win their hearts and minds. His approach has been conciliatory, with residents sharing their ideas and concerns. A hunter himself, Mr. St. Clair, 35, has opened up 40,000 acres of land that his mother had closed. He has taken down the “no hunting” signs and cleared trails for snowmobiles. But his goal is the same as hers: to donate 75,000 acres for what they are calling the Katahdin Woods and Waters National Park. It would lie east of Baxter State Park and allow for low-impact activities like hiking, fishing and camping. In addition, as a sweetener, they want to donate an adjacent area of equal size as a national recreation area, which would allow hunting and snowmobiling. As such, Mr. St. Clair said, it would provide “the permanent protection of land for activities that go to the heart and soul of the region.” However, they insist, the land that they want for a national park must be designated a park, not a national forest or monument. “National parks are the gold standard for tourism, for conservation and for recreation,” Mr. St. Clair said as he drove through the woods and pointed out the land’s attributes: its expanse of forest, the granite outcroppings, the abundance of wildlife. And, he said, a full-fledged national park is the only “brand” that could accomplish one of their goals: to draw enough tourists to help revitalize the local economy. Some say that Mr. St. Clair’s campaign may have created some slight cracks in the region’s fierce resistance. George Smith, a former executive director of the Sportsman’s Alliance of Maine and proud owner of a “Ban Roxanne” bumper sticker, once flatly opposed the idea. Now an outdoors writer, he is still not enthused about a park, but his hostility has ebbed, and here, that is considered progress. “Lucas has been remarkably successful — not to the point where he’s going to get his national park anytime soon, but I’m hearing more supportive statements” from those who think a park could help the economy, Mr. Smith said. “They’ve lost 5,000 jobs in Millinocket, and those jobs aren’t coming back.” But opposition runs deep. Beyond the years of resentment toward Ms. Quimby for closing her lands, there is a towering distrust here of the federal government. Many residents worry, contrary to Mr. St. Clair’s assurances, that the government would seize control of local decision making, take over even more land, ban hunting and snowmobiling, and ruin the forest products industry by restricting air emissions from the mills and limiting the timber supply. “If a park comes in, it would shut the mills,” said Mark Marston, a selectman in East Millinocket and vice chairman of the Maine Woods Coalition, which opposes the park. “People in Millinocket don’t make what they used to, but at least they’re working, which is better than seasonal jobs at a park.” And like many others, he doubted that these woods hold any special attraction for tourists. When visitors stay at his nearby camp, which has swimming and boating, he said, “They say to me: ‘But what is there to do? The bugs are bad and my cell phone doesn’t work.’” Many think that despite the nice view of Katahdin, which sits in an adjacent state park, this land is not worthy of national park status on its own. “Why have a national park whose goal is to look at a state park?” asked Andy Young, a member of Preserve Maine Traditions, which is virulently against the idea. Mr. St. Clair has not drawn up a specific park proposal; there is no point unless he wins enough local support to convince Maine’s congressional delegation that the residents want a park, and then the delegation has to convince the rest of Congress. Three of the four members of the delegation oppose the idea, though they said in interviews that they were watching developments. Senator Susan Collins, who has long opposed a park, said that Mr. St. Clair’s approach was a “sea change” from his mother’s because he was listening to people. She still opposes a park for fear of harming the forest products industry but says she has not shut the door. “Lucas has made real progress on the recreational issues but there’s still a long way to go on the economic issues and on the philosophical question of federal ownership of the land.” Senator Angus King, an independent, described himself as “opposed and skeptical but listening.” “There is more receptivity to the idea because of the tough economic circumstances in that area,” Mr. King said. To change his mind, he said, he would “need to be convinced that the benefits of economic development would outweigh the costs of losing control over a resource” to the federal government. Representative Michael H. Michaud, a Democrat whose district would be home to the proposed park, once worked in the mills and is running for governor. He, too, is concerned about the economy. Ed Gilman, his spokesman, said in an email that Mr. Michaud “wants an in-depth and complete consideration of the North Woods’ economic development options before he can say whether or not he supports the park.” Representative Chellie Pingree, a Democrat who represents Southern Maine, which is more liberal than northern Maine, is the only one to favor a park. “My constituents are very supportive of a national park and see it as a way to preserve much of the natural habitat and help the economy,” she said. The rest of the delegation will move “only when they feel their constituents move,” Ms. Pingree said. That may not be for a long time. But Mr. St. Clair seems prepared to wait. “It’s often a knock-down, drag-out fight to create a park, and sometimes it takes 30 years,” he said. “But the outcome is always positive.” © 2009 The New York Times. Reprinted with permission.]]> 10410 0 0 0 https://landreport.com/2014/05/land-report-may-2014-newsletter/ Thu, 15 May 2014 07:00:46 +0000 https://www.landreport.com/?p=10416 A diverse group of news items are featured in our May newsletter. You'll recognize the name of one of the all-time great rock and rollers as well a former Presidential hopeful. May I add that there was a teeny tiny transaction down Florida way that encompasses some 380,000 acres? Details and comments on this megadeal to follow. For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, and Pinterest.]]> 10416 0 0 0 https://landreport.com/2014/06/cape-wind-case-dismissed/ Mon, 09 Jun 2014 07:00:45 +0000 https://www.landreport.com/?p=10427 The Alliance to Protect Nantucket Sound partnered with the Town of Barnstable to challenge the approval of the controversial offshore wind farm by the State of Massachusetts. But US District Judge Richard Stearns ruled that individuals are barred from suing states in federal court, and thus he had no jurisdiction. Proponents of the much-delayed alternative energy project hailed Judge Stearns’s decision as a key legal victory. Opponents vow to appeal the decision. Read more HERE.]]> 10427 0 0 0 https://landreport.com/2014/06/for-sale-colorados-mad-dog-ranch/ Mon, 16 Jun 2014 07:00:52 +0000 https://www.landreport.com/?p=10439

  Joe Cocker lists Colorado ranch for $7 million.

  The rock legend’s Mad Dog Ranch sits on 240 acres near Crawford and offers backdoor access to adjacent BLM land in the West Elk Wilderness. Mad Dog features aspen trees, an English garden, and trophy trout fishing on the Gunnison River. The $7 million price includes Cocker’s custom European-style home unfurnished. Up the offer to $7.85 million, and Mad Dog Ranch comes fully furnished, says Joshua Saslove of Joshua & Co. who shares the listing with Robert Pennetta of Coldwell Banker.]]> 10439 0 0 0 https://landreport.com/2014/06/land-report-june-2014-newsletter/ Sun, 15 Jun 2014 07:00:12 +0000 https://www.landreport.com/?p=10459 Too many items to discuss in the June 2014 Newsletter. Among the high points?
  • A major judicial decision that will impact landowners nationwide.
  • Rising beef prices and increased crop yields continue to stoke land values.
  • And a first look at the digital version of our Summer issue.

  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Twitter, Facebook, and Pinterest.

  ]]> 10459 0 0 0 https://landreport.com/2014/07/beef-futures-soar/ Tue, 01 Jul 2014 07:00:22 +0000 https://www.landreport.com/?p=10461 The price of beef climbed to $5.96 a pound in April.  The USDA’s 2014 food outlook report said beef was 11.1 percent more expensive this year than in April last year, even after adjusting for inflation. It’s a clear sign that years of drought in the Southern Great Plains have taken a toll. And the soaring prices come at a time when many ranchers are working to rebuild their herds, which in turn temporarily limits the number of animals. Retail prices for other foods could be impacted by the contraction in animal numbers.]]> 10461 0 0 0 https://landreport.com/2014/08/the-land-report-summer-2014/ Fri, 15 Aug 2014 07:00:33 +0000 https://www.landreport.com/?p=10454 Timber specialists, ranch brokers, recreational experts, productive ag pros - more than 100 firms from coast to coast were surveyed to prepare our fourth annual look at America's Best Brokerages for the Summer 2014 edition of the Magazine of the American Landowner. Dozens more were ranked to produce our annual rundown of America's Top Auction Houses. Also included in summer issue are a behind-the-scenes look at Malcolm Forbes and his family's devotion to the American West, a fast paced romp with Treeing Walkers, and a sneak peak at possible plans in Scotland to limit land ownership.  ]]> 10454 0 0 0 https://landreport.com/2014/07/supreme-judicial-court-upholds-tax-exempt-conservation-lands/ Thu, 10 Jul 2014 11:35:01 +0000 https://www.landreport.com/?p=10469 In May, the highest court in Massachusetts ruled that conservation land cannot be taxed. The case centered on a 120-acre woodland parcel in Hawley, an hour north of Springfield. Conservation groups celebrated the ruling, saying it affirmed that conservation owners qualify for the exemption because their natural habitats provide a public benefit. Others, including the Massachusetts Municipal Association and city leaders in Hawley, called the decision disappointing. “The fear is that people will game the system to park land tax-free and leave it open to later development,” said a lawyer for the city’s Board of Assessors. Read more HERE.]]> 10469 0 0 0 https://landreport.com/2014/07/u-s-ag-exports-feed-world-demand/ Mon, 14 Jul 2014 07:00:50 +0000 https://www.landreport.com/?p=10475 Speaking of breaking records, this year could set a new level for American ag exports. The USDA trade outlook released in May projects FY2014 exports will reach $149.5 billion, an estimated $6.9 billion higher than previous estimates. Ag Secretary Tom Vilsack was understandably excited by the projections. “American farmers and ranchers are on track for another year of record exports, which builds on the past five years of the strongest agricultural trade in our history,” Vilsack said. Download and read the full report here. ]]> 10475 0 0 0 https://landreport.com/2014/07/the-land-report-top-ten-summer-2014/ Mon, 21 Jul 2014 11:06:36 +0000 https://www.landreport.com/?p=10484

  A world-class array of legacy properties, production ag ranches, and resort retreats. — The Editors

  1. SOLD! Copper Beech Farm (Connecticut): $130 million A relic of Old Greenwich, this 50-acre estate is the last of its kind and includes two islands and more than a mile of shorefront. David Ogilvy of David Ogilvy & Associates has the listing. Click here to view the video. 2. Pumpkin Key (Florida): $110 million This 26-acre island in the Florida Keys sits between Key Largo and the mainland. Improvements include a main residence, two caretaker’s cottages, a dock master’s apartment, and an office. Accommodations and dockage at Ocean Reef transfer. Russell Post of Russell Post Sotheby’s International has the listing. 3. Homer’s Pond (Massachusetts): $108 million This private retreat is set on 314 acres along the southern shore of Martha’s Vineyard. Available in its entirety or in smaller parcels. Grace Bloodwell and Charles Carlson of South Light Property have the listing. Click here to view the video. 4. Y.O. Ranch (Texas): $85 million The Y.O. is recognized as a world leader in the management and preservation of exotic game. This iconic 29,000± acre Texas spread has been shepherded by the Schreiner family since 1880. Robert Dullnig of Kuper Sotheby’s International Realty has the listing. 5. Broken O Ranch (Texas): $81 million It’s hard to imagine more than 4,000 acres so close to a major metropolitan area, but that’s exactly the case with the Broken O, which is nestled less than half an hour outside of San Antonio. Listed with The duPerier Texas Land Man. 6. Crazy French Ranch (Colorado): $79 million This Southern Colorado landmark encompasses 40,000 acres that are home to bison, black bear, elk, mule deer, pronghorn, cougar, and turkey. Remnants of the Santa Fe Trail traverse the Crazy French, which features the highest point east of the Rockies. Henry Field, Field Brokers LLC has the listing. 7. Walton Ranch (Wyoming): $68.7 million Set at the foot of the Grand Tetons along the banks of the Snake River, this 1,848-acre working cattle ranch was pieced together by the Waltons starting in 1958. Twenty-five years later, the family placed the ranch under conservation easement. Billy Long and Ron Morris of Ranch Marketing Associates have the listing. Click here to view the video. 8. Four Peaks Ranch (Colorado): $75 million This Joshua & Co. listing outside Aspen features views of Mt. Sopris, Capital Peak, and Snowmass. More than 15 miles of trails crisscross the property, which sits on 876 acres. Click here to view the video. 9. Rancho Dos Pueblos (California): $65 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, Rancho Dos Pueblos is one of the largest remaining ranches along the Gaviota Coast. Kerry Mormann & Associates has the listing. Click here to view the video. 10. IX Ranch (Montana): $64.5 million This legacy cattle operation (pictured above) runs a herd of 4,300 on more than 126,000 acres. Five species of upland birds complement huntable populations of elk, mule deer, whitetails, antelope, and mountain lion. Listed with David Johnson at Hall and Hall. Click here to view the video.]]> 10484 0 0 0 https://landreport.com/2014/07/land-report-july-2014-newsletter/ Tue, 15 Jul 2014 07:00:06 +0000 https://www.landreport.com/?p=10494 So much to talk about in our July 2014 Newsletter.
  • Which broker network just added nine brokerages?
  • Why are landowners driving the bus on the Keystone XL pipeline?
  • And what nationally known ranch frequented by the likes of Elton John and Michael Jackson just sold for $32.5M?
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Twitter, Facebook, Pinterest, and Instagram. ]]> 10494 0 0 0 https://landreport.com/2014/07/the-bloom-is-off-the-rows/ Tue, 29 Jul 2014 11:33:20 +0000 https://www.landreport.com/?p=10497

  According to the Chicago Fed, farmland values in the bellwether Seventh District have tapered off thanks in part to lower commodity prices. The lone exception? Farms and ranches where those same commodities are nurturing valuable livestock. — The Editors

  NATIONAL — TREND According to the USDA, corn prices fell 37 percent and soybean prices dropped 8.5 percent in the first quarter of 2014 from a year ago. Meanwhile, milk, hog, and cattle prices “have risen dramatically” over that same period: 31 percent, 48 percent, and 19 percent higher, respectively. MIDWEST — FOCUS One of the many implications of these lower grain prices is that during the first quarter of 2014 agricultural land values in the Seventh District rose by just 1 percent from a year ago. The year-over-year increase was the smallest in five years: since the third quarter of 2009. But falling grain prices also mean lower feed costs, a boon to livestock producers. This in turn buoyed farmland prices in areas where the agricultural mix includes a significant livestock component. P.S. On November 17, 2014, the Federal Reserve Bank of Chicago will hold a conference to examine the role of farm income in the economy of the rural Midwest. Details are forthcoming on www.ChicagoFed.org and in the next issue of the Seventh Federal Reserve District’s AgLetter. ]]> 10497 0 0 0 https://landreport.com/2014/08/on-the-block-leases-for-offshore-wind-sites/ Mon, 04 Aug 2014 07:00:32 +0000 https://www.landreport.com/?p=10514 The U.S. Bureau of Ocean Energy Management is selling leases for wind turbine sites a dozen miles offshore from Ocean City. The agency will take bids August 19, 2014 on nearly 80,000 acres for two wind projects. This will be the sixth commercial offshore wind lease off the Eastern Seaboard. “We are very optimistic that this large expression of interest indicates that the policy we have created is agreeable to offshore wind developers,” said Abigail Ross Hopper of the Maryland Energy Administration. Households will pay up to $1.50 a month and businesses up to 1.5 percent more on their power bills once the turbines start spinning. Read more here. ]]> 10514 0 0 0 https://landreport.com/2014/08/sold-connecticuts-copper-beech-farm/ Thu, 07 Aug 2014 07:00:09 +0000 https://www.landreport.com/?p=10527 Named for the large copper beech trees populating the property, Copper Beech Farm, a relic of Old Greenwich, has sold! Appearing in The Land Report’s Spring 2014 Top Ten listings of the nation’s priciest properties, this estate occupies 50 acres on Long Island Sound, and includes two offshore islands, a private beach and a 13,500-square foot Victorian mansion built in 1896, which the new owner plans to keep intact. Listed publically for the first time in more than a century with David Ogilvy of David Ogilvy & Associates, an affiliate of Christie’s International Real Estate, the sale of Copper Beech Farm marks the most expensive home sale in the United States at $120 million.]]> 10527 0 0 0 https://landreport.com/2014/08/crop-insurance-makeover/ Mon, 11 Aug 2014 07:00:43 +0000 https://www.landreport.com/?p=10530 As always, the new Farm Bill has plenty of moving parts, but one of the biggest changes is an overhaul of the USDA’s insurance cost-assistance program. Currently, farmers receive crop insurance subsidies as direct payments. Each year the total of those subsidies climbs into the billions. Starting in 2015, however, farmers will be required to show some kind of need, whether it be low yield or low revenue, to receive the payments from certain commodity programs. By ending the direct payment system and removing a portion of the federal food stamp program, the new Farm Bill is due to cut spending by $23 billion over 10 years, according to administrators. But the new commodity programs will take some getting used to. Fortunately, the kind folks at the University of Illinois at Urbana-Champaign have launched an online Farm Bill Toolbox to help with program decisions, analysis, and how-to videos. Learn more here.]]> 10530 0 0 0 https://landreport.com/2014/08/scotland-to-limit-land-ownership/ Thu, 14 Aug 2014 07:00:44 +0000 https://www.landreport.com/?p=10544 A recently released report commissioned by the Scottish Government recommends passage of laws limiting private ownership of land. On September 18, Scots will go to the polls to determine whether their homeland will become an independent country or remain a part of the United Kingdom. The implications of this historic referendum have dominated the press in Scotland, in England, and throughout the European Union to such an extent that other political activity emanating from Edinburgh has been largely overshadowed, including a recently completed report called The Land of Scotland and the Common Good. Commissioned in 2012 by the Scottish Government, the 263-page study, which is available here, contains an ominous recommendation, one that runs counter to the protections of the Magna Carta:

  “The Review Group considers that there should be an upper limit on the total amount of land in Scotland that can be held by a private land owner or single beneficial interest. The Group recommends that the Scottish Government should develop proposals to establish such a limit in law.”

  Response to this scheme was roundly criticized by leading Conservatives. Upon publication, Scottish Tory Rural Affairs Spokesman Alex Fergusson MSP fired back, saying, “The recommendations that there should be a limit on how much land anyone can own coupled with the suggestion of a land tax will strike fear in the heart of every single land owning Scot, whether they own 10 acres or 10,000.” [caption id="attachment_10548" align="aligncenter" width="588"] Set on more than 49,000 acres, the Royal Family’s Scottish holiday home – Balmoral – is a landmark holding and would not be affected by the recommendations of the Review Group.[/caption] Scottish Land & Estates, which represents landowners throughout Scotland, issued a statement saying that the report “missed the opportunity to deliver constructive land reform and fails to address the real challenges facing rural Scotland. Instead, the report appears based on a bias against private landownership and makes a series of unfounded recommendations that will create more publicly funded bodies, increase bureaucracy and place an even heavier burden on the public purse.”

  “The recommendations that there should be a limit on how much land anyone can own coupled with the suggestion of a land tax will strike fear in the heart of every single land owning Scot, whether they own 10 acres or 10,000.”

  In the same press release, the group’s CEO, Douglas McAdam, said, “This report is extremely disappointing in that it does not reflect the very substantial social, economic and environmental contribution made to Scotland by private landownership of all scales – something that successive Scottish administrations have recognised. Instead, the report contains a very negative view of landowners despite the fact that in its first report the Review Group acknowledged and highlighted quite fully the very constructive work private landowners were engaged in.” In the report’s foreword, Scottish Environment and Climate Change Minister Paul Wheelhouse singled out “the relationship between the land and the people of Scotland.” He cited this bond as “fundamental to the wellbeing, economic success, environmental sustainability and social justice of Scotland and her communities. With regard to the more controversial recommendations in the report itself, the Minister struck a more muted tone. He promised to study it. Said Wheelhouse, “I am sure it will contain recommendations we agree with and some we do not, but I welcome the overall vision and proposed direction of travel.”]]> 10544 0 0 0 https://landreport.com/2014/08/land-report-top-10-pumpkin-key/ Thu, 21 Aug 2014 11:15:33 +0000 https://www.landreport.com/?p=10627 Located between Key Largo and the mainland in the Florida Keys, Pumpkin Key is a 26-acre private island retreat that offers privacy without isolation. Offering convenient proximity to Ocean Reef, one of the country's most comprehensive communities, and Miami, Pumpkin Key features one main residence with three bedrooms, two caretaker's cottages, and a dock master's apartment. Additional features include accommodations and dockage at Ocean Reef transfer. Phenomenal fishing and lobster fishing holes surround the island with world-renown snorkeling, scuba diving and sport fishing just three miles off shore on North America's only living coral barrier reef. Pumpkin Key is listed for $110 million with Russell Post Sotheby’s International Realty. ]]> 10627 0 0 0 https://landreport.com/2014/08/lands-best-friend-treeing-walkers/ Thu, 28 Aug 2014 11:32:13 +0000 https://www.landreport.com/?p=10679 Leader of the Pack: When it comes to following a trail, Treeing Walkers set the pace. Just as the English pointer dominates modern pointing dog field trials, the Treeing Walker coonhound dominates today’s coon dog trails. The modern Walker is a fast trailer and very quick to tree – a valuable trait when contests are determined by the number of treed raccoons. Two Kentuckians, George Washington Maupin and John Walker developed the Walker foxhound, a regional refinement of President George Washington’s versatile Virginia foxhound. In the 19th Century, an outcross to a hound from Tennessee – Tennessee Lead – a fast hound with a clear chopping bark, left a lasting mark on the Walker line. Because of their speed, courage, endurance, and intelligence, pure Walkers and Walker crosses are also favored by mountain lion hunters who want their packs to bay cats quickly. Walkers bred primarily for mountain lion or fox hunting are often called “Running Dogs.” While traditionalists who prefer the slower, cold trailing, bugle-mouthed blueticks and English coonhounds find the Walker’s fast style and higher-pitched voice less pleasing, practical hunters are willing to sacrifice mouth and cold nose for quick results. Several years ago, I asked legendary Texas mountain lion hunter Henry McIntyre his dog preference. “I like a Running Dog,” he said. “Anything that slows the race is not helping catch that cat.” Do:
  • Get to know experienced hunters and breeders before buying a pup
  • Attend a few hunts or trials to watch good Walker hounds and their handlers.
  • Instill basic obedience. Like all hounds, Walkers are quite independent.
  Don’t:
  • Confuse show ring championship with working credentials. Very few AKC registered hounds are bred for hunting.
  ]]> 10679 0 0 0 https://landreport.com/2014/08/benchmark-deal-thomasville-quail-plantation-sells-for-28m/ Fri, 29 Aug 2014 07:00:54 +0000 https://www.landreport.com/?p=10717 Longpine’s storied past dates to start of the Red Hills tradition.[/caption] Of all the places in the Lower 48 to find a bird-hunter’s paradise, the South Georgia upper coastal plains easily — easily — make the short list. That selling point was squarely in mind for the new owner of Longpine Plantation, a historic 5,850-acre quail plantation near Thomasville. After five years on the market, Longpine sold in July for $28.08 million to a keen Texas hunter with a strong conservation streak. The property’s key built-in hunting feature? Tradition. The quail hunting so popular today and throughout the Red Hills area around the Georgia-Florida state line began back in the post-Civil War era. Longpine was originally part of an older quail plantation founded in the 1880s by Wyman Jones and his family. Historical accounts describe the Jones family as remarkable stewards of the land, with conservation and management practices that forever shaped the beloved art/sport of chasing bobwhite quail with dogs, horses, and guns. Jon Kohler of Jon Kohler and Associates brokered the Longpine sale. He said the Jones family and “their relatives and business associates became the stewards of approximately 40 plantations that are still in existence today. They laid the foundation of what today is one of the most secure real estate asset classes in the world.” Longpine’s buyer is Rick Leverich, whose family founded Texas-based Bourland & Leverich Supply Company, according to the Wall Street Journal. Leverich, who owns a ranch in Mexico and several in Texas, grew up quail hunting with his father and plans to keep Longpine largely as-is. Wildlife preservation and habitat management is “a passion of mine,” he told the Journal. The family trust of Josephine Clay Ford listed Longpine for sale back in September 2010. Before that, the plantation had remained in the Jones family until 1968, when its ownership was transferred to Josephine Ford, the only granddaughter of Henry Ford. She was its caretaker for more than 40 years until Leverich bought it. Private land ownership — whether passed down through the generations, or signed over through sale — is how America will succeed in conserving quail and bird habitat. Maintaining harmony between timber interests, farming and quail woods is always going to be a challenge, and it will rarely come cheap, said Bobby McKinney, president of the Southwest Georgia Quail Forever chapter. “These private plantations are magnificent pieces of land, wonderfully maintained and protected, and their owners are understandably protective and full of pride,” McKinney said. “There’s a mystique about private land ownership — always has been, and always will be.” The Longpine sale includes its main house, two manager's residences, and five tenant houses with plenty of guest accommodations. The property has a 20-stall horse barn and a kennel large enough for 35 gundogs.]]> 10717 0 0 0 https://landreport.com/2014/08/land-report-august-2014-newsletter/ Fri, 15 Aug 2014 07:00:09 +0000 https://www.landreport.com/?p=10718 Stewards of the land are the highlight of our August 2014 Newsletter.
  • In Georgia, an iconic Thomasville holding, Longpine Plantation, fetches $28+ million.
  • In Maine, $9 million is designated for conservation and habitat improvement.
  • Longleaf pine restoration benefits from more than $7 million in grants.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 10718 0 0 0 https://landreport.com/2014/09/land-report-top-10-ix-ranch/ Thu, 04 Sep 2014 07:00:50 +0000 https://www.landreport.com/?p=10733 With a long history of stable ownership and a highly respected reputation in reputation ranch country, IX Ranch is one of Montana’s great cattle ranches. Covering over 126,000 acres, of which 59,809 are deeded, this professionally managed operation runs a cattle herd of 4,300. Traditionally, the ranch goes into the winter with around 3,500 bred cows and 600 heifer calves plus an appropriate number of bulls and ranch horses together with 5,000 tones of winter feed. This legacy ranch also boasts huntable populations of elk, mule deer, white-tailed deer, antelope, mountain lion, and five species of upland birds. IX Ranch is listed for $64,500,000 million with David Johnson at Hall and Hall.]]> 10733 0 0 0 https://landreport.com/2014/09/land-report-100er-the-forbes-family-legacy/ Fri, 12 Sep 2014 00:00:01 +0000 https://www.landreport.com/?p=10880 The Forbes Family Chapel was the site of the wedding of Charlotte Forbes to Phillippe Escaravage. [/caption] As a boy, Christopher “Kip” Forbes came to love the American West thanks in large part to his many visits to Wyoming’s Grand Tetons. Decades later, as a young man, he made a home for himself in another breathtaking setting out West: the largest remaining swath of the famed Sangre de Cristo Land Grant. And each of these life-changing experiences can be traced back to his remarkable parents. Kip’s mother, Roberta Remsen, lost her father when she was just three. Seeking solace, his grandmother took Roberta and her sisters to visit a cousin’s ranch in Wyoming’s Teton Valley. Like so many others, the family was captured by the scenic splendor, and the Remsens eventually built a cabin on a local dude ranch. When Roberta married young Malcolm Forbes just after World War II, this is where the couple honeymooned. [caption id="attachment_10884" align="alignleft" width="328"] The inimitable Malcolm Forbes generously shared his landmark Southern Colorado ranch as well as his legendary art collection.[/caption]But the quaint cabin didn’t fit Malcolm Forbes. The same drive that led him to expand his family’s publishing empire, amass a fabulous art collection, and acquire homes around the world made him scour the West for a ranch worthy of his lofty goals. In 1969, he found his Shangri-La – in the Sangre de Cristo Mountains of Southern Colorado. The following year, Forbes acquired the southern half of the famed Trinchera Ranch for about $20 an acre. “In the early days, as long as you looked in one direction, everything you could see was on the ranch,” Kip says. “It wasn’t until 1982, when we bought the Blanca, that everything you could see when you looked around was on the ranch.” Like countless other historic land holdings – New Mexico’s Bell Ranch is a paramount exemplar – Trinchera Blanca takes its name from a prominent geologic feature. The ranch lies in a giant trench (trinchera in Spanish) that bisects the northern reaches of the Sangre de Cristos. At 171,400 acres, the Trinchera Blanca is the largest private ranch in Colorado and boasts three of Colorado’s famed Fourteeners – Blanca Peak (14,357 feet), Mount Lindsey (14,048 feet), and Little Bear Peak (14,043 feet) – as well as several Thirteeners, including Trinchera Peak (13,517 feet). A wide range of elevations creates diverse wildlife habitat: alpine tundra, sub-alpine forest, cottonwood riparian systems, and native grassland. Elk, bighorn sheep, mule deer, black bear, and wild turkey abound. Mountain lions haunt the rimrock. Bald and golden eagles cruise the thermals. Rainbow, brown, and brook trout rise to well-presented flies along 44 miles of Trinchera Creek, Sangre de Cristo Creek, and Ute Creek. Native Rio Grande cutthroats thrive in the cold, fast water at higher elevations. An ambitious program aimed at restoring and enhancing native grasses, revitalizing eroded streams and riparian corridors at lower elevations further enhanced habitat. Forest improvement, especially aspen thinning, increased the food supply for browsing species. Other initiatives reestablished Rio Grande cutthroat trout. Innovative barriers protected fish from the whirling disease outbreaks that periodically infect Southern Colorado streams. The Forbes family recognized the importance of a carefully regulated hunting program as an essential wildlife management tool. Each year, a limited number of hunters pay for the privilege of stalking the ranch’s trophy elk, mule deer, and bighorn sheep. In 1986, the Forbeses helped establish Colorado’s Ranching for Wildlife program. In 1990, with support from Ranching for Wildlife, the family reestablished Rocky Mountain bighorns in Southern Colorado by importing 36 sheep from Canada. Today, some 200 bighorns thrive on the ranch. Inspired by Trinchera Blanca’s success, ranches throughout Colorado have joined the program. [caption id="attachment_10885" align="aligncenter" width="433"] Ranging in elevation from 7,700 feet above sea level to more than 14,000 feet, Colorado’s largest ranch is home to a diverse array of species, habitats, and ecosystems. [/caption]Over the years, the family’s ties to the ranch grew deeper. Kip does admit that some of the family still prefer the Tetons. “We ended up with divided loyalties,” he says. “Finally, I said to my mother, ‘Look, Mom, I know these mountains aren’t any prettier than the Tetons, but they’re our mountains.’” Malcolm Forbes insisted on a lodge “worthy of the ranch.” After an old ranchhouse burned to the ground, he commissioned a traditional Western lodge to host and entertain friends, family, and clients. Contrarian that he was, he promptly decorated it with a huge collection of builders’ models of old sailing ships. Kip calls it “the largest fleet in the Rockies.” He adds, “My wife and I have been a little more traditional. We’ve added game mounts and Western art to the fleet.” The lodge has hosted guests from all over the world. “Usually, a new guest’s word for ‘wow’ is the first thing we hear. Visitors from abroad can’t believe that this tremendous diversity of habitat is all privately owned,” Kip says. For Kip, his wife, Astrid, and their children, the ranch is primarily a place to unwind. “You can walk for miles and never meet another person. Wherever you look, as far as you can see, you’re still at home.” For years, Astrid made a point of taking a walk every afternoon to her favorite spot on the ranch. It gave her time to reflect and to enjoy the beauty and solitude. One Christmas Eve she asked her father-in-law, “Pa, can I have a chapel?” To her surprise, he said yes. When the little chapel was consecrated, the builder, a committed atheist, wept. “When you look across the altar and see those incredible mountains, you realize that you can’t improve upon what God has created,” Kip says. “My daughter was married in that little chapel. My oldest grandson was christened there. And my father’s ashes lie there now.” In 2004 the family implemented an 80,000-acre conservation easement to a non-profit land trust, Colorado Open Lands. At the time, this generous donation was recognized as the largest of its kind in the history of the Centennial State, and it restricts development on the ranch as well as certain uses. [caption id="attachment_10886" align="alignright" width="325"] A love of the American West has long been a hallmark of the Forbes family.[/caption]In 2007, the Forbes family made the difficult decision to sell their beloved ranch. The family’s legal team contacted Mark Overstreet of Chaffin Light Real Estate (which has since merged with Morris & Fyrwald Sotheby’s International Realty to become Aspen Snowmass Sotheby’s International Realty). Overstreet’s marching orders were clear: The ranch would only be sold to a committed conservationist, one who would protect the magnificent property for generations to come. Says Overstreet, “Malcolm Forbes was a great believer that much of the fun of having wonderful things is in sharing them. He always reminded the family that they were only temporary custodians. The land will outlast them. Their stewardship of the ranch is a privilege, a fulfilment of their obligation to future generations.” Overstreet marketed the ranch via word of mouth. A moving video was produced by Crescent Moon Pictures. Beautifully and passionately narrated by Kip Forbes, it served as a testament to the Forbes family’s commitment to an extraordinary property. Through direct one-on-one contact with qualified prospects, Overstreet and his team secured a buyer in only seven months. When the sale closed in November 2007 for $175 million, it was recognized as the most expensive residential transaction in North American history, surpassing the $165 million price of a Beverly Hills mansion once owned by Randolph Hearst. Had the Forbes family written up a description of the perfect buyer, the new owner, Louis Bacon, the founder and CEO of Moore Capital Management, LP, would have exceeded their ideal criteria. An internationally renowned conservation philanthropist, a recipient of the prestigious Audubon Medal, and the founder of The Moore Charitable Foundation, Bacon has supported habitat protection efforts from Long Island to the Everglades. Since purchasing Trinchera Blanca Ranch, Bacon has broadened and enhanced the conservation and restoration efforts the Forbeses began. Interior Secretary Ken Salazar worked with Bacon to protect the entire ranch, hailing his stewardship efforts as “the largest single conservation easement ever donated to the U.S. Fish & Wildlife Service.” Ty Ryland has lived on the ranch since 1969. He’s been the general manager since 1990. “The Forbes family always had a strong commitment to the ranch and to conservation,” he says. “They allowed us to do real cutting-edge habitat improvement and wildlife management. After Mr. Bacon purchased the Trinchera Blanca Ranch, we had a great starting point to enhance and build upon the work we had been doing for years. The Forbes family could not have found a better steward of this iconic property than Mr. Bacon.” Happily for Kip and his family, they still enjoy access to the Trinchera Blanca. “Most of the same staff are there and the only difference is now I have to say, ‘May I?’ rather than ‘Let’s,’” Kip says, laughing. “Louis has poured his heart and soul into the ranch. It’s wonderful to see it in such caring hands.” ]]> 10880 0 0 0 https://landreport.com/2014/09/land-program-awards-9-million-for-conservation/ Mon, 15 Sep 2014 07:00:56 +0000 https://www.landreport.com/?p=10887 The conservation coalition Land for Maine’s Future (LMF) has leveraged taxpayer money to buy 50,000 acres of key recreational, agricultural and wildlife land in the Pine Tree State. LMF’s Board recently approved $9 million for 25 projects in 37 communities considered important for habitat protection and improvement. The grants were matched by $24.8 million from 60 LMF partners. One spectacular acquisition: the Cold Stream Forest Project in Somerset County. Purchased from Plum Creek, the Cold Stream plot protects thousands of acres of deer-wintering habitat and 30 miles of streams and wetlands feeding the Kennebec River. “That is more wild brook trout pond habitat than in the rest of Northern New England,” wrote one happy recreational outdoor columnist. The purchase also includes 37 farms of more than 8,900 acres, and more than 20 commercial working waterfront properties. Read more HERE. Photo Credit: Trout Unlimited]]> 10887 0 0 0 https://landreport.com/2014/09/strong-demand-stokes-grazing-land-values/ Mon, 22 Sep 2014 07:00:58 +0000 https://www.landreport.com/?p=10918

  Robust beef prices are one of many factors driving the demand for high-quality grazing pastures in the Tenth District. Don’t be surprised if these values continue to further strengthen. —The Editors

  Using responses from 228 banks, the Kansas City Fed presented its survey of Agricultural Credit Conditions covering the first quarter of 2014. A selection of observations by some of these bankers follows: Crop income will show a modest deterioration based on lower commodity prices while livestock will show a significant improvement with prices at an all-time high. – Southeast Nebraska “Lower feed costs are adding to livestock profitability.” – Western Nebraska “Cattle prices have been strong for cow/calf operations.” – Central Oklahoma “The decline in corn price is the primary reason for the decline in working capital.” – Northwest Kansas “For the first time in four years, customers are holding grain looking for a better price.” – Eastern Nebraska Significant decrease in commodity prices and changes in government program payments will have an impact on repayment rates. – Southwest Kansas Read the complete report at www.KansasCityFed.org. ]]> 10918 0 0 0 https://landreport.com/2014/09/land-report-september-2014-newsletter/ Mon, 15 Sep 2014 07:00:33 +0000 https://www.landreport.com/?p=11066 Some exceptional transactions to highlight in our September 2014 Newsletter:
  • SOLD! Oregon's Six Shooter Ranch.
  • SOLD! Colorado's Sweetwood Ranch.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Twitter, Facebook, Pinterest, and Instagram.]]> 11066 0 0 0 https://landreport.com/2014/09/pristine-haven-preserved/ Mon, 01 Sep 2014 07:00:24 +0000 https://www.landreport.com/?p=11709

  A multipartner coalition acquires the 17,351-acre Powderhorn Ranch for $37.7 million.

  On August 21, 2014, a multipartner coalition announced the purchase of the 17,351-acre Powderhorn Ranch in Calhoun County. At $37.7 million, it is the largest dollar amount ever raised for a conservation land purchase in the state. In years to come, Powderhorn Ranch is expected to become a state park and wildlife management area. “If ever there was a sportsman’s paradise, it’s the Powderhorn Ranch,” says Carter Smith, Texas Parks and Wildlife Department executive director. “The place is literally teeming with fish and wildlife. And if you like to wade-fish, or canoe or kayak to catch a tailing redfish, or catch a trout or flounder, the bays and back bayous and marshes are going to be the places for you. If you like to hunt, the game there is just simply extraordinary — from deer to ducks and doves and bobwhite quail. And if you like to bird-watch, there’s no place finer.” The acquisition will protect the sprawling prairie, wind-sculpted coastal live oaks, and Powderhorn Lake, a tidally influenced, secondary bay off Matagorda Bay. The range of habitats is perfect for hunting, fishing, hiking, paddling, and birding. The property also includes thousands of acres of freshwater wetlands and salt marshes, which provide natural filtering to improve water quality and also shield people and property from storm surges and sea level rise. From the 1950s to the early 1990s, Texas lost more than 200,000 acres of coastal wetlands, but the Powderhorn acquisition helps combat this trend. The ranch includes more than 11 miles of tidal bayfront on Matagorda Bay and provides habitat for hundreds of species of birds and animals, including the endangered whooping crane. The Texas Parks and Wildlife Foundation is spearheading fundraising for the $50 million project, which includes purchase of the property and a long-term endowment for habitat restoration and management. A major portion of the funding comes from the National Fish and Wildlife Foundation’s Gulf Environmental Benefit Fund, created with dollars paid by British Petroleum and Transocean in the wake of the Deepwater Horizon oil spill. NFWF has committed $34.5 million over three years, making this the largest land acquisition in the nation to date using BP spill restoration dollars. To facilitate the purchase, The Conservation Fund and The Nature Conservancy of Texas are providing $10 million each in interim funding to buy the property in 2014. The two organizations will be reimbursed by the Texas Parks and Wildlife Foundation, which will hold title on the property by the end of 2016, and will ultimately turn it over to the department. It will be years before the property opens to the public as a park, something that will depend on balancing other needs facing the state park system. But the partners were able to seize a historic opportunity to use BP spill restoration funds and act now to protect a long-sought treasure. “We have to think of places like the Powderhorn in generational terms,” Smith says. “These are the proverbial trees that we’re planting so that somebody else can enjoy their shade. And if we didn’t take ambitious steps, we wouldn’t have any more state parks for our growing public to enjoy.” The TPW Foundation is still seeking donations to fund the Powderhorn acquisition, which is part of its statewide fundraising campaign called “Keeping it Wild: The Campaign for Texas.” More information is online at www.tpwf.org. “Powderhorn is going to be one of those places that we look back on for generations to come,” Smith says. “We’re going to thank goodness that we had the courage and the foresight to acquire this place.”]]> 11709 0 0 0 https://landreport.com/2014/10/the-land-report-fall-2014/ Wed, 15 Oct 2014 07:00:06 +0000 https://www.landreport.com/?p=10706 Our annual Land to Table issue features three iconic American properties: California's Hearst Ranch, North Carolina's Shelton Vineyards, and the Texas Olive Ranch. It's quite the spread so pull up a chair and listen in as these passionate landowners tell the stories of their land and the fine foods they produce in the Fall 2014 edition of the Magazine of the American Landowner.
  ]]> 10706 0 0 0 https://landreport.com/2014/09/new-grants-awarded-for-longleaf-pine-restoration/ Tue, 23 Sep 2014 07:00:09 +0000 https://www.landreport.com/?p=10968 The National Fish and Wildlife Foundation (NFWF) has announced $3.38M in grants to further restore the longleaf pine ecosystem. The grants cover 15 separate projects across eight states, from Texas to North Carolina to Florida. In addition, the project applicants will get matching funds from grant partners, raising the total to $7.18M. The projects seek to restore more than 11,800 acres and enhance 116,000 additional acres of longleaf pine habitat by using techniques such as prescribed burns, cost sharing for new planting and educating local landowners on timber management. Experts say Longleaf pine forests provide habitat for 29 threatened and endangered animal species. The projects were funded through NFWF and a public-private partnership known as the Longleaf Stewardship Fund.]]> 10968 0 0 0 https://landreport.com/2014/09/land-to-table-california-grass-fed-grass-finished-beef/ Thu, 25 Sep 2014 07:00:13 +0000 https://www.landreport.com/?p=10989 | Photography by Richard Field Levine, Steve Miller & Alexander Vertikoff The Piedra Blanca Rancho lords over the Pacific roughly halfway between San Francisco and Los Angeles. Grassland, native oaks, and chaparral cover its gentle slopes. Coastal prairie extends from the foothills to the cliffs above San Simeon Bay. Rainfall runs up to 20 inches at sea level, and as much as 40 inches at higher elevations. Streams flow year-round from the Santa Lucias, a coastal mountain range running parallel to the ocean’s waters. During the warmer months, dense fog is a constant feature along the scenic shoreline. [caption id="attachment_10992" align="alignright" width="488"] Known worldwide as the home of Hearst Castle, the 82,000-acre Piedra Blanca Rancho is a landmark cattle operation overlooking the Pacific Ocean.[/caption] “A lot of emotion goes with the San Simeon property,” says Steve Hearst. “The family loves it just the way it is. They don’t want to see changes. Our president once said he bought a newspaper for $500 million and got a call from a single family member. He had a fence painted on the ranch and got 18 calls. We maintain and restore buildings, but we don’t want them changed. All of us in the family, whenever we drive through the gates at San Simeon, we feel like we’re home.” At its heart, San Simeon and its sister operation, the Jack Ranch, are traditional cattle outfits. In the winter, breeder bulls are turned out with cows. Calves drop in the fall. The following winter, mother cows and calves are rounded up for vaccinations. Gentle handling helps familiarize the calves with humans. It also minimizes the stress they endure. The newly branded calves are quickly reunited with their mothers and then moved into low-intensity grazing rotations that protect native range. Inland pastures are grazed first to allow coastal pastures time to mature for summer and fall grazing. Calves aren’t weaned until summer, when they’d naturally wean themselves. [caption id="attachment_10993" align="aligncenter" width="588"] "I would rather spend a month here than any place in the world." — W.R. Hearst[/caption] After weaning, steers and heifers are moved to the choicest pastures to put on weight. The specific locations are selected based on rainfall and recent grazing history. About 1,400 acres of irrigated pasture provide insurance against the severe drought that currently threatens more than half of California. Once the cattle reach about 1,200 pounds – ideally around the 18-month mark – they are moved to a facility certified for humane processing. Hearst Ranch has earned numerous humane handling certifications through the Global Animal Partnership. It’s a time tested approach, one that has been developed and improved by generations of Hearst Ranch cowboys and family members over the past 150 years. “We’re letting cows be cows, and giving them plenty of room to do it,” says Steve Hearst, the fifth-generation family member who runs Hearst Corporation’s ranching and timber operations as well as its real estate interests in San Francisco and Southern California. [caption id="attachment_10995" align="alignleft" width="390"] According Victoria Kastner in Hearst Ranch, W.R. was an accomplished horseman who “received secret pleasure from outriding his younger guests, many of whom were robust film stars, and some of whom had portrayed cowboys on screen.”[/caption] In addition to San Simeon, the family’s name for the historic 82,000-acre Piedra Blanca Rancho that surrounds Hearst Castle, the properties include the 71,000-acre Jack Ranch in Paso Robles and 61,000 acres of timberlands in Northern California. “I came over after 25 years at newspapers and, as a family member, had the privilege of growing up on these ranches and getting to play on them and also work alongside some of the cowboys with brandings and so forth,” Steve says. His arrival heralded an era of momentous change, one whose initial focus would be to develop a conservation easement for San Simeon. At 128 square miles, it is five times the size of Manhattan and it boasts miles of breathtaking Pacific Ocean frontage. “The conservation deal is something that required some pretty heavy lifting at the beginning because of all of the battles with the Coastal Commission over certain developmental opportunities at the ranch on the coast with some resorts and golf courses and so forth. I think we were fairly villainized, unreasonably so, but very villainized by some extremist environmental organizations and independent rock throwers from the local communities,” Steve says. [caption id="attachment_10996" align="alignright" width="390"] The San Simeon that George Hearst Jr. first glimpsed when visiting his grandfather W.R. in the 1930s has been cherished by seven generations of the Hearst family. A landmark 2005 conservation easement ensures it will remain so for generations to come.[/caption] In addition, there was another major constituency to take into consideration: the members of his own family. “This ranch obviously has a place in every family members’ heart. During the five years I was negotiating the conservation easement that closed in 2005, I was often heard to say that regardless of where any family member lives in the world, whenever they drive through the gates at San Simeon, they all think they’re home. And that’s very, very true,” he says. “Ultimately we convinced everybody that it was a good thing, and we reserved the right to build 27 owner homes and a small inn on San Simeon Bay. We haven’t built any of the homes, and we haven’t built the inn. We’ve got the rights to do it, and ultimately with the growing family I’m sure that some houses on the property are going to be necessary and desired,” Steve says. The California Rangeland Trust monitors the San Simeon easement. Founded in 1998, the trust is an organization established by cattlemen and cattlewomen “to conserve the open space, natural habitat, and stewardship provided by California’s ranches.” “They actually understand ranching and understand emergency needs of getting across creeks and rivers. They understand drought conditions and that the grazing may be a little bit more intense in those periods.” They understand those kinds of things, and they come and supervise the easement twice a year on site,” Steve says. Another major initiative got underway four years ago when Steve invited a delegation from Whole Foods to tour San Simeon. [caption id="attachment_10997" align="aligncenter" width="588"] "All of us in the family, whenever we drive through the gates at San Simeon, we feel like we're home." - Steve Hearst[/caption] “A lot of operations claim to offer grass-fed beef, but they’re finishing their cattle on organic corn or something like that. We finish Hearst Ranch Beef on a 30-day mixture of alfalfa, bromes, and other non-grain forages,” he says. In addition, Hearst Ranch Beef is free of antibiotics. If an animal needs to be treated, it then gets an ear tag and is subsequently removed from the beef program. The response from Whole Foods to this approach was thoroughly positive. A contract was signed within 30 days. “The ranch is a great home court advantage, second only to the Oval Office,” Steve says. Nowadays, Hearst Ranch provides Whole Foods approximately 1,000 head, on a seasonal basis, from April to September. Thanks to this arrangement, Hearst Ranch is now the nation’s largest single-source supplier of free-range, all-natural, grass-fed and grass-finished beef. The majority of this production can be found at Whole Foods Markets in Santa Barbara, Santa Monica, Los Angeles, and other cities in Southern California. Closer to home, the Whole Foods Market in nearby San Luis Obispo is another venue. So are restaurants along the Central Coast, in the Bay Area, and as far afield as New York at cafe57 in the Hearst Tower. “The ranches are in better shape than they’ve been in for a long time due to our relationship with Whole Foods,” Steve says. This long-term commitment to such high standards led the California Beef Cattle Improvement Association to name Hearst Ranch the Commercial Producer of the Year. In 1865, George Hearst bought the 50,000 acres of ranchland along San Simeon Bay that form the bedrock of Hearst Ranches. As one of the original investors in the Comstock Lode, the Missouri native no doubt considered himself to be a miner, not a rancher. The coastal property was an investment, a nest egg for his wife, Phoebe, and their young son, Willie. In his memoirs, George mentioned that he had become “somewhat interested in stock raising … but that the land is not very valuable because it is too boggy.” After George’s death in 1891, Will (as he was then called) poured his energies into his growing media empire. In 1903, a day shy of his 40th birthday, he married 21-year-old Millicent Willison, a former vaudeville performer. The arrival of five sons between 1904 and 1915 brought Will back home to San Simeon for he made sure that his boys knew the pleasures of camping, fishing, hiking, and riding in the same hills he’d loved as a child and as a young man. In 1919, Phoebe died of Spanish flu. Not long afterward, Will contacted Julia Morgan about “building a little something” at San Simeon. The rest is history. [caption id="attachment_10999" align="alignright" width="588"] San Francisco architect Julia Morgan spent decades designing scores of structures at San Simeon, including the poultry ranch manager’s house (foreground) and the Hearst Castle (background).[/caption] A prolific architect based in San Francisco, Julia was the first woman admitted to the prestigious Ecole des Beaux-Arts in Paris. In addition, she was also one of the few Americans to complete the rigorous course of study. She had already undertaken several projects for the family, including a swimming pool for Phoebe at her 4,000-acre Pleasanton ranch and the headquarters of the Los Angeles Examiner for Will. The two engaged in initial discussions, and Julia decided to open Job 503 – the San Simeon project. Brief lulls notwithstanding, this job remained open for the remainder of Will Hearst’s life. From groundbreaking in 1920, until his death, Will maintained complete confidence in his chief architect. Julia designed hay barns, dairies, poultry farms, dams, bridges, fish ladders, walls, airplane hangars, employee quarters, animal pens, and, of course, the Hearst Castle. She laid out hundreds of miles of backcountry roads and took responsibility for hiring and firing construction managers. More than 1,000 letters and some 9,000 drawings make clear that Hearst, creative in his own right, indefatigable, and forceful, usually heeded Julia’s advice. Every design decision, every improvement to existing structures, sought a balance of functionality, beauty, and harmony with the land and the region’s aesthetic traditions. W.R. Hearst died in 1951. Six years later, the Hearst Corporation and Hearst family donated the hilltop buildings and 20 coastal acres to the State of California’s Department of Beaches and Parks. In 1958, Hearst San Simeon State Historical Monument opened to the public. [caption id="attachment_11000" align="aligncenter" width="588"] At 128 square miles, San Simeon is five times the size of Manhattan.[/caption] Since then, the 165-room Hearst Castle has welcomed tens of millions of visitors to its 127 acres. Yet few realize that the surrounding ranchland is being nurtured and worked just as it was during W.R. Hearst’s lifetime — and his father’s. Says Steve Hearst, “We took the position that we’re going to be in the cattle business for a long time. We’ve owned these ranches forever, and we plan to own them forever so working together with our partners at Whole Foods we said, ‘Look, if it comes down to protecting our resource, we may have to go with less head to you. But we’ll do everything we can.’ And I’ll tell you the kind of partner that Whole Foods is. They said, ‘Show us the numbers.’ And they’re sharing in our pain a little bit, which was very helpful. They are great partners to have. I have a world of respect for their team that we’ve been doing business with.” [caption id="attachment_11001" align="alignleft" width="488"] The ways of the American West, including training pups, are practiced on a daily basis by Hearst Ranch hands.[/caption] Hearst Corporation is a global concern with immense reach: 15 daily newspapers and 34 weeklies; 21 magazine titles in the U.S. and close to 300 overseas; two radio stations and more than two dozen television stations; and a myriad of interests in many other ventures. Yet one asset stands above all. Says Steve Hearst, “I think everybody around my board table – even though they’re all talking about newspapers, magazines, broadcasts, and business publications, syndication and so forth – they all understand that this property in San Simeon is the feeder route to the Hearst family history in California.” RESOURCES
  • Hearst Ranch Beef
  • Hearst Castle
  • Hearst Corporation
  ]]> 10989 0 0 0 https://landreport.com/2014/09/conservation-easement-granted-on-a-key-livestock-trail/ Mon, 29 Sep 2014 07:00:46 +0000 https://www.landreport.com/?p=11047 A Wyoming landowner has agreed to a plan that protects a historic stock trail near the Big Horn Mountains. Rancher Bruce Pheasant of Kaycee, signed a conservation easement to protect a grassy valley known to his family and to hundreds others who drive livestock for a living. The valley is known as Beartrap Meadows, near the headwaters of Beartrap Creek. Livestock owners and producers in the region rely on the meadows as a stopover during long drives, and more than 20,000 head of cattle and sheep move through annually. The owner completed the easement after working with several land trusts and with representatives from state and federal agencies. Fishing is still allowed at the meadows, thanks to a separate agreement Pheasant worked out with the Wyoming Game and Fish. Read more HERE. Photo Credit: Matt Wells, Wyoming Stock Growers Land Trust]]> 11047 0 0 0 https://landreport.com/2014/09/sold-six-shooter-ranch/ Mon, 29 Sep 2014 07:00:15 +0000 https://www.landreport.com/?p=11065 It is one of the least populated counties in Oregon. Yet now Wheeler County is home to one of the most impressive transactions of 2014: the $26.5M sale of Six Shooter Ranch. At 36,000+ deeded acres, Six Shooter’s terrain varies widely from deep river canyons edged in rimrock to high slopes covered in pine and fir. “This property offers that rare mix of material timber/agriculture resources coupled with extraordinary recreation value,” says Broker Jeff Hubbard of Mirr Ranch Group, which had the listing. “This sale underscores how Central and Eastern Oregon remain a relatively yet-to-be-discovered ranch market with tremendous long-term upside potential.” Hubbard and co-broker Pat Lancaster describe the buyer as “a seasoned bow hunter with very specific needs.” After touring several other ranches in New Mexico and Colorado, the buyer fell for Six Shooter’s charms, which include trophy elk hunting and fishing on any one of 60-plus lakes and streams.]]> 11065 0 0 0 https://landreport.com/2014/10/land-to-table-shelton-vineyards/ Wed, 01 Oct 2014 00:00:53 +0000 https://www.landreport.com/?p=11067 | Photography by Gustav Schmiege III According to the 1840 Census, the state that led the nation in total wine production was North Carolina. Surprised? Thomas Jefferson wouldn’t be. In 1817, the author of the Declaration of Independence singled out North Carolina for producing “the first specimen of an exquisite wine” and praised its “fine aroma, and chrystalline transparence.” [caption id="attachment_11070" align="aligncenter" width="588"] From vineyard to glass, Shelton wines are crafted to exhibit classic characteristics.[/caption] Sir Walter Raleigh knew better, too. When the Elizabethan courtier sought to establish the Roanoke Colony in the 1580s, his men reported that the Outer Banks was “full of grapes.” The fate of Raleigh’s ill-fated Lost Colony has remained a mystery for more than four centuries. Not so with the demise of the state’s early winemakers. Prohibition put an end to their craft. By the time the 18th Amendment was repealed, tobacco was North Carolina’s cash crop. Beginning in the 1950s, Interstate 40 was christened Tobacco Road. Charlie and Ed Shelton remember those days. The two brothers grew up in Mt. Airy, a picturesque community just south of the Virginia line that is best known as the hometown of actor Andy Griffith. [caption id="attachment_11072" align="aligncenter" width="588"] "When we broke ground in 1999. there was one other winery in the Yadkin Valley and a total of 12 in North Carolina. Now there are 38 wineries in the region and 120 in the state." — Charlie Shelton, with his brother Ed[/caption] “Tobacco, textiles, and furniture were the main industries here,” Ed says, “And the tobacco farms were family-owned. The average farm would probably be somewhere around eight to ten acres. It was more of a side income for most families. They might work for the state or one of the textile mills or R.J. Reynolds or Hanes in Winston-Salem. It was extra income, the kind that allowed them to take vacations and enjoy a better way of life.” Then Washington rewrote the rules again – and again. Changes to the allotment program and the price support program put an end to many of the smaller farms. The Sheltons had chosen a much different career path – building homes in the burgeoning Tar Heel State. Says Charlie, “When we sold to Daniel International (in 1971), we were doing about 125 houses a year. After they got involved with us, our biggest year was like 700. We built about 5,000 houses and a lot of apartments.” Friends provided the bridge to their next career. “We were having lunch at Christmastime with a couple of good friends,” Charlie says. “They started a mortgage insurance company, and they’d grown their business. We were some of the original stockholders. Over lunch they happened to mention to us that they were going to have a need for an office. Ed and I didn’t know what we were going to do next, so I kicked Ed’s leg under the table and said, ‘Well, you know what business Ed and I are going to start now, don’t you?’ They said, ‘What’s that?’ And I said, ‘Commercial real estate.’ So we built their office and that got us started. Quick decision.” Launching Shelco in 1978 dovetailed precisely with North Carolina’s rise as a leading financial center and corporate hub, especially in Charlotte. Throughout the 1980s and the 1990s, Charlie and Ed played a key role in reconfiguring the skyline of the state’s largest city. “There’s not many old buildings left in the center of Charlotte,” says Ed. “It’s all new. We built five high-rises. The last one was Hearst Tower.” [caption id="attachment_11073" align="aligncenter" width="588"] The Sheltons' attention to detail is evident in all elements of their winery, including the exquisite entrance.[/caption] By the late 1990s, the brothers decided they wanted to spend more time back home in the Yadkin Valley. Not that they had any intention of slowing down. Anyone who has ever met Charlie and Ed instantly recognizes that retirement is not an option for this tandem. Taking on new challenges is hardcoded into their genetic makeup. So they decided to combine their passion for wine with their desire to revitalize a once proud region. Creating a destination winery fit the bill. “We did a good bit of traveling together, and we always wound up in the wine country. We gained a great appreciation for what people were doing with wine. They made wine because they loved it,” says Charlie. Fortunately, the Yadkin Valley features superlative soils. “You had a lot of minerals coming out of the Blue Ridge Mountains mixing in with the red clay. It makes for good drainage for our types of grapes, vinifera grapes, European-style grapes. Go east and you can grow the scuppernongs and muscadines pretty easily,” Ed says. Shelton Vineyards first saw the soft light of the Piedmont in 1999. “When we broke ground, there was one other winery in the Yadkin Valley and a total of 12 in North Carolina. Now there are 38 wineries in the region and 120 in the state.” Soon afterward, the Sheltons took the lead in getting the seven-county region American Viticultural Area (AVA) status. “It was about a two-and-a-half-year process,” Charlie says. [caption id="attachment_11074" align="aligncenter" width="588"] The best way to enjoy Shelton Vineyard wines is at the winery's Harvest Grill.[/caption] And their wines? Shelton Vineyards has won over 250 awards. Although they do a brisk mail-order trade, the best way to enjoy them is at the winery’s Harvest Grill. The Crispy Cornbread Crab Cakes pair perfectly with the Estate Chardonnay, and the Grilled Pork Medallions with Capicola and Provolone bring out the best in the Tannat, a lighter red varietal popular in South America. Of equal importance to both is the positive impact their latest venture has had on the local community. “I think right now we’ve created well over 100 full-time jobs since we opened the vineyards,” says Charlie.

  Resources

  • Shelton Vineyards
  • North Carolina Wines
  • North Carolina Travel Guide
  ]]> 11067 0 0 0 https://landreport.com/2014/10/the-u-s-department-of-agriculture-provides-13-million-for-organic-program/ Fri, 03 Oct 2014 07:00:00 +0000 https://www.landreport.com/?p=11091 New Farm Bill funding is available to organic farmers and handlers in the form of cost-sharing assistance for certification-related expenses. The USDA organic farming payments cover up to 75 percent of an individual’s certification costs, up to a $750 maximum per certification, for costs during the fall-to-fall period. Secretary of Agriculture Tom Vilsack praised the organic program renewal: “Organic food is now a multibillion dollar industry, and helping this sector continue to grow creates jobs across the country,” he said. Organic producers and handlers should file for payments from the National Organic Program through their state agency. Read more HERE.]]> 11091 0 0 0 https://landreport.com/2014/10/wind-turbine-projects-advance-closer-to-reality/ Mon, 06 Oct 2014 07:00:49 +0000 https://www.landreport.com/?p=11094 America’s first offshore wind farm, the planned Cape Wind, now has a coastal Atlantic staging area big enough to handle construction of 130 massive turbines. Cape Wind Associates has signed a two-year $4.5 million lease with the State of Massachusetts for a terminal in New Bedford harbor. Starting in January, Cape Wind will use the harbor site to assemble materials that will then be ferried 30 miles to the 24-square-mile farm site in Nantucket Sound. Also, this May the Department of Energy awarded funds to three offshore wind farm demonstration projects planned for New Jersey, Oregon and Virginia. Photo Credit: CapeCod.com]]> 11094 0 0 0 https://landreport.com/2014/10/land-to-table-texas-grown-olive-oils/ Wed, 08 Oct 2014 07:00:51 +0000 https://www.landreport.com/?p=11105 One typically finds riper, darker olives at the top of a tree. Farther down greener olives predominate, clustered below in the shade.[/caption] Growing olives in the Lone Star State is all about climate. “Even today people tell us that we can’t grow olives in Texas, but they are basing their opinions on a lot of antiquated information,” says Jim Henry of Texas Olive Ranch. [caption id="attachment_11108" align="alignright" width="165"] It was only after he turned 40 that Jim Henry
  recognized the inner farmer lurking in his soul.[/caption] The Texan has been growing olives since 1993. These days he’s joined by his wife, Karen Lee Henry, their sons, and some 10 employees on the farming side. Texas Olive Ranch markets three extra-virgin oils, and it has 10 to 12 flavored varieties. Their first and oldest farm is in Carrizo Springs, 80 miles north of Laredo, where they cultivate 40,000 trees on 67 acres. It’s a mature orchard with trees approximately 10 years old. A newer orchard, 30 miles inland from the Gulf of Mexico near Victoria, boasts 200,000 trees on 300 acres. It’s a major commercial venture. “It’s a better area for olives, and I’m looking forward to seeing how it produces,” Jim says. “The most important part is the climate during the blooming process. There’s scientific research about finding that window. Plus the community was very accommodating. When you’re closer to the Gulf Coast, the temperature is more stable.” Jim credits trips to Portugal and Spain as his inspiration. “They look pretty similar to parts of Texas,” he says. He hopes to make the Texas olive-oil industry a global player, noting that the route to this goal involves large-scale orchards. “There are a lot of smaller farms in the state, but the majority of them are in the wrong place. If we’re going to make this an industry, it’s just not going to work with these 10-acre orchards.” His entrepreneurial mind has identified a profitable niche in the marketplace. [caption id="attachment_11109" align="alignleft" width="326"] One of the Henrys’ principal goals is to make
  Texas a global player in the olive oil industry.[/caption] Much of the olive oil currently sold in the U.S. is not extra-virgin, a key reason he and his artisanal colleagues are proponents of label regulations and quality standards. The Henrys have been together since 2008, and the industry seems a natural fit for both. Jim had no background in horticulture, but his aunts and uncles and grandparents were farmers. “Somehow it morphed into my body though I was never a farmer until I was in my forties,” he says. Karen grew up in Texas, earned her Ph.D. from the University of Texas in consumer psychology, advertising, and marketing, and was the creative director for a restaurant chain. “I decided the next time I had to change careers I would do something to balance my karma,” she says, “and olive oil is about as good as you can get for that. There are no boring people in the olive oil business.” The couple met after Jim started planting. “I met him after he had a crop, and I was going to market it,” says Karen. “I spent more and more time in the olive orchard and basically fell in love. The label design was a joint effort. He began the project, and now I manage it.” Jim’s retail training and Karen’s marketing, branding, and advertising research expertise have already paid off. “In order to move a high-end artisanal product before you even plant it, you’ve got to figure out what to do with it,” notes Jim. “It’s very hard work. You’re competing with importers and people all over the world.” [caption id="attachment_11110" align="alignright" width="300"] Farmers markets have been a key venue for generating revenues and grassroots awareness for the brand.[/caption] Karen credits farmers markets with much of the business’s early success. “The way that we got from growing olives and making olive oils and having a regional brand was farmers markets. In 2007 we had a bunch of olive oil and bottled it and didn’t know how to sell it. We made a date, and I met Jim on Valentine’s Day in Austin. I said, ‘How are you going to sell it?’ I started flavoring the olive oil. He was horrified, because it was taking some really good high-quality olive oil and flavoring it up. I started taking it to the markets. I made some balsamic vinegars as well and put up a booth and had no idea what to expect, but I set up in Austin and sold it hand-over-fist. Jim came down one Saturday and said he never saw people so eager to buy. We have been doing between 15 and 20 farmers markets all over the state ever since, mostly in metropolitan areas, but also in Uvalde and Harlingen and New Braunfels. On any given weekend during the summer it’s between 15 and 20, and that’s how we grew our brand. After the first round we went back to HEB through a food broker, and they chose five products.” Says Jim, “You have to ask, what is your objective – to have 10 acres of olive trees and just make Christmas presents – or do you want to make money? You just don’t give up. Most farmers get beat up by the weather and you just have to be an optimist. Farmers are the most optimistic people in the world. With the eat-local movement there’s a huge opportunity to produce world-class olive oil. It’s not a paved-gold road to riches, but the opportunities are immense.”

  Resources

  • Texas Olive Ranch
  • UC Davis Olive Center
  • Olive Oil Source
  Food Photography by Janet & Tim Thimmes]]> 11105 0 0 0 https://landreport.com/2014/10/the-little-pink-house-goes-to-hollywood/ Wed, 15 Oct 2014 07:00:05 +0000 https://www.landreport.com/?p=11143

  One of the greatest missteps by our nation’s high court will be featured on the silver screen next year.

  Producer Ted Balaker can remember the exact moment when he first learned that the Supreme Court had ruled 5-4 against Susette Kelo, as well as millions of other American property owners, in the now infamous 2005 decision Kelo v. City of New London. In the nine years since the split decision was announced, the landmark case has achieved notoriety akin to Roe v. Wade and Bush v. Gore. “I worked in journalism at ABC News, and I’d been following topics just like this. I was interested in ideas related to urban policy and how people live from a research and artistic standpoint. But I had no idea that I would one day be in a position to make a movie about it,” he says. Balaker and wife Courtney, through their Korchula Productions, recently acquired the film rights to Little Pink House: A True Story of Defiance and Courage (Grand Central Publishing). Jeff Benedict’s riveting narrative, complete with statehouse intrigue, seductive power players, and an endless series of plot twists — is a real-life rival to House of Cards. As the heart of this story stands an inspiring citizen by the name of Susette Kelo (above), whose ceaseless battle to save her dream home is a gripping sage, one whose disappointing conclusion at the apex of our judicial system deserves to be retold if only to forewarn those not familiar with the government’s ability to seize private property for public use. Kelo, a hardworking nurse, purchased and painstakingly renovated her beloved little pink house overlooking the Thames River in the historic Fort Trumbull section of New London, CT. Not long after moving into her home, a complicated political scheme was set in motion to remove her little pink house and all the others in her neighborhood. The goal was to replace them with a far more lucrative landowner: the global pharmaceutical giant Pfizer. In order to build a research facility in New London, Pfizer needed high-end living quarters and accommodations to house researchers and staffers, And in order to boost the economy of the beleaguered community, the city council needed Pfizer. There was just one catch: Susette Kelo wasn’t going anywhere. “Susette wasn’t looking for attention. She just wanted to have a quiet, peaceful life and look at the water,” Courtney Balaker says. “Instead she was stuck in these horrible circumstances. She was bullied. The house next door to her was set on fire. Others were bulldozed. Policies were snuck through the city council. It was awful.” Yet instead of knuckling under, Kelo and several of her neighbors stood their ground as they endured countless examples of intimidation and the blatant abuse of governmental power. “She stood upon principle. She wasn’t doing this to get a movie made about her,” Ted says. One of the most interesting plot twists was that no one, including Kelo, denied that New London was in dire need of economic revitalization. In fact, the opposite held true. Kelo and many of her neighbors were all for it. But the approach taken by wheeling and dealing government officials at the city and state levels was to do it at the expense of the very people they were sworn to serve. At no time did the development plan ever consider incorporating the existing structures in historic Fort Trumbull into the overall development plan. In the end, Justices Breyer, Ginsburg, Kennedy, Souter, and Stevens ruled in favor of the City of New London. In her dissent, Justice Sandra Day O’Connor wrote, “The specter of condemnation hangs all over the property. Nothing is to prevent the state from replacing any Motel 6 with a Ritz Carlton, any home with a shopping mall, or any farm with a factory.” And the punch line? In 2008, Pfizer jumped ship and abandoned the New London research facility. The area where Kelo’s home once stood now stands empty. “There has not been a case in Supreme Court history over the last 50 years that’s been more universally reviled than the Kelo decision,” says William H. “Chip” Mellor of the Institute for Justice, a non-profit libertarian law firm and the lead attorneys on Kelo v. City of New London. “People understood very deeply that allowing government to take your private home or business and give it to a private party so they could get more tax incentive was frankly wrong, unjust, and un-American. People understood that this could happen to anyone.” Even after the divided Supreme Court ruling was announced, all was not lost. The public outroar that ensued led to the reform of eminent domain laws in 47 states. Even with strict or reforms, however, Mellor warns that some states have created stricter laws than other, and this could have an effect on property owners to this day. “As the recession is dying down, we’re seeing that we are still in need of more reform,” Mellor says. “As the economy starts to rebound, tax hungry officials are looking for ways to make it easy and convenient to develop more projects.” Perhaps the Balaker’s film will remind viewers of the importance of this reform, and the importance of fighting for stricter regulations. “This puts a human face on eminent domain,” Courtney Balaker says. “These are real people, and their lives have been truly affected through a 10-year ordeal that shows the strength of human endurance.” Through Korchula Productions, the Balakers focus on the motto: “Making important ideas entertaining.” When the Institute for Justice approached the couple about making the film, they immediately saw the project as a no-brainer. Now that the film rights have been purchased and the screenplay completed, they are hoping to complete production in time for the 10th anniversary of the Kelo decision next year. “The story of Susette’s fight has all the makings of a classic Hollywood success,” says Mellow. “There’s a true heroine, several evil villains, and a valiant fight with drama and human interest.” Adds Ted Balaker, “There are little pink houses all over America.” ]]> 11143 0 0 0 https://landreport.com/2014/10/sold-colorados-historic-sweetwood-ranch/ Mon, 20 Oct 2014 07:00:42 +0000 https://www.landreport.com/?p=11192 The 490-acre Sweetwood Ranch fetches $11.25 million. After more than 1.5 years on the market, this historic ranch five miles north of Steamboat Springs has another famous owner: a Walt Disney heiress. Sweetwood Ranch was owned by Ryan Wood, a former NFL player and a co-founder of the Under Armour sports apparel brand. A Steamboat Today reporter lists the buyer as the Tamara Diane Miller Revocable Trust, an account set up for Disney’s granddaughter. Real estate broker Brian Smith, of Hall and Hall real estate, represented Wood. All parties were asked not to comment on the sale. The property sold below its asking price of $12.95 million. Penny Fletcher, a broker who also sits on the Steamboat Springs Board of Realtors, said the deal is still significant. “We haven’t had a sale go down like this in a long time,” Fletcher said.]]> 11192 0 0 0 https://landreport.com/2014/10/piedra-blanca-rancho/ Wed, 22 Oct 2014 07:00:42 +0000 https://www.landreport.com/?p=11195 In 1850, a plainspoken Missouri man left the family farm and journeyed west to find his fortune in the California gold fields. Over the next decade, George Hearst nearly died of cholera. He struck up a great friendship with Mark Twain. But he didn’t strike gold. Instead, he bought a stake in the richest silver vein ever discovered in the US. Thanks to the Comstock Lode, Hearst would soon become a state senator. He was able to ensconce his wife, Phoebe, and his young son, then known as Willie, on Russian Hill. And he became a landowner, buying 500,000 acres alongside San Simeon Bay (above). To learn more about his fabled ranch, which the Hearsts still call home a century and a half later, click HERE.]]> 11195 0 0 0 https://landreport.com/2014/10/lands-best-friend-how-to-pick-a-pup/ Wed, 29 Oct 2014 11:27:08 +0000 https://www.landreport.com/?p=11217 A pair of West Texas border collie pups cuddle up to Hunter Meinzer, son of Land Reporter Wyman Meinzer.[/caption]

  Excellent dogs are born, not made

  Sure, patience, love, and training can minimize a dog’s weaknesses, and the best trainers can make a passable gun dog out of a marginally talented pup. But in nearly all cases, the best dogs are excellent prospects at birth, born with an abundance of natural ability, most likely the result of careful breeding. Obvious prospects are precocious. Talented pointed dog pups often start sight pointing butterflies, grasshoppers, or a rag twitched on the end of a fishing line as early as eight weeks of age. Retriever pups should readily pick up and carry anything they can handle at about the same age. Hound, feist, and cur pups should demonstrate early independence and a penchant for using their nose. All pups should be social and inquisitive if not outright bold. Of course, these traits can be difficult to assess when contemplating a six-week old pile of floppy ears, freckled bellies, and whipping tails, but there are ways to maximize your odds: Do:
  • Go for the bloodlines. Pick a sire and dam first, and the individual puppy second.
  • Choose both a sire and a dam with a proven record of excellent field performance, trainability, and sound temperament.
  • Look for a sire and dam pairing that has consistently produced excellent progeny.
  Don’t:
  • Be impressed by AKC show ring titles. They mean nothing unless accompanied by field credentials.
  • Choose pups from pure field trial lines. They’ll likely be too charged up for the average hunter. Instead, look for a sire and dam with solid shooting dog or utility dog credentials.
  ]]> 11217 0 0 0 https://landreport.com/2014/10/land-report-october-2014-newsletter/ Wed, 15 Oct 2014 07:00:26 +0000 https://www.landreport.com/?p=11224 Headlining our October 2014 Newsletter? The 2014 Land Report 100 sponsored by Fay Ranches, of course. But wait – there's more!
  • LISTED! Ted Turner's private Beaufort County Island.
  • SOLD! 32,000 acres timber and grazing land known as the Foley Butte Block.
  • SOLD! 165,000 acres of Plum Creek timberland to The Nature Conservancy.
  • SOLD! 600,000 acres of Oregon timberland owned by the estate of JELD-WEN founder Dick Wendt.
  • CLOSED! Molpus Woodlands Group closes Fund IV with $662.5 million in commitments.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, Pinterest, and Instagram.]]> 11224 0 0 0 https://landreport.com/2014/11/u-s-department-of-the-interior-honors-wyoming-ranchers/ Mon, 03 Nov 2014 07:00:31 +0000 https://www.landreport.com/?p=11226 In October, Secretary of the Interior Sally Jewell joined Wyoming Governor Matt Mead and US Fish and Wildlife Service Director Dan Ashe in recognizing Wyoming landowners for their efforts to protect sagebrush habitat. “Successful conservation of sagebrush habitat depends on a spirit of collaborative partnership among states, tribes, federal partners, private landowners, and other stakeholders — and this is especially true for the greater sage-grouse, which inhabits both public and private lands across the West. Today we’re celebrating a group of committed private landowners who are stepping up to the plate to take voluntary actions that will take care of the land and wildlife, and preserve their ranching heritage and the Western way of life,” Jewell said. Read more HERE.]]> 11226 0 0 0 https://landreport.com/2014/11/sold-165000-acres-of-montana-and-washington-forestland/ Mon, 10 Nov 2014 07:00:58 +0000 https://www.landreport.com/?p=11240 Plum Creek Timber Company (PCL) announced on Oct. 27 that it reached an agreement to sell approximately 165,000 acres of Montana and Washington forestland to The Nature Conservancy for $134 million. The agreement includes higher elevation timberlands with slower growing trees. Although less productive for timber operations, these forestlands offer forest conservation, recreation, public access, and ecological protection, and are among the most ecologically diverse and intact biological systems in the Lower 48. They include tracts in the Lower Blackfoot Valley near Missoula and property on both sides of Interstate 90 between Snoqualmie Pass and Ellensburg in Kittitas County, Washington. Plum Creek owns approximately 6.7 million acres of timberlands in forest ecosystems across the Northern and Southeastern US.]]> 11240 0 0 0 https://landreport.com/2014/11/molpus-woodlands-group-announces-closing-of-fund-iv/ Mon, 17 Nov 2014 07:00:54 +0000 https://www.landreport.com/?p=11268 Jackson-based Molpus Woodlands Group closed Fund IV with $662.5 million in commitments. According to the timberland investment management organization (TIMO), the fund was oversubscribed and exceeded its target of $500 million in 12 months from the first close. A diverse, international group of new and existing investors made commitments to Fund IV, including public and private pension plans, endowments, insurance companies, family offices and high net-worth individuals. Molpus currently has approximately 1,550,000 acres under management worth more than $1.5 billion and is one of the oldest timber-related companies in the US. It has experience in all facets of timber management, manufacturing, and marketing. “With the closing of the fund, we plan to deploy this capital by acquiring and actively managing a diversified portfolio of timberland properties. We look forward to evaluating new opportunities in North America that meet the fund’s objectives,” said Edgar Marshall, VP Business Development for Molpus.]]> 11268 0 0 0 https://landreport.com/2014/11/for-sale-south-carolinas-st-phillips-island/ Mon, 24 Nov 2014 07:00:28 +0000 https://www.landreport.com/?p=11294 Land Report 100er Ted Turner has listed his sea island with Plantation Services, which has offices in Charleston and Albany, Georgia. The property is southeast of St. Helena Island near Port Royal Sound in close proximity to Hilton Head. The asking price for the 4,680-acre Beaufort County sanctuary is $23.7 million ($5,000+ per acre). Turner purchased the property (and 298 more acres in the area) in 1979 and has subsequently used the acreage as a family retreat for the last 35 years. Accessible solely by boat, St. Phillips features a comfortable owner’s residence and a manager’s house, is self-sufficient, and has its own water and power supplies. In the 1980s, Turner put the island under a conservation easement with The Nature Conservancy, which allows for the addition of ten more residences.]]> 11294 0 0 0 https://landreport.com/2014/11/the-bold-brand/ Tue, 25 Nov 2014 07:00:31 +0000 https://www.landreport.com/?p=11297 The Waggoner is home to many traps, such as this one known as Red Jackson.[/caption] In 1947, legendary Waggoner Ranch camp man Paul Whitley loaded his bed on a packhorse, climbed on his saddle horse, and rode all day to Cedar Top, a remote camp near the center of the half-million-acre ranch. As he drew near and saw the house on the hill, he thought it “the most lonesome, desertedest place” he’d ever seen. And, if it hadn’t been so far he’d have just turned around and ridden straight back to headquarters. But Whitley stayed — for 42 years — until the day he died. [caption id="attachment_11301" align="alignright" width="325"] Riding for the 3Ds.[/caption] In the early days, when it was time to make a grocery run, Paul would saddle his horse in the morning, ride to Coffee Creek, and stay the night at his brother Whitt’s. Next day, the two would hop in Whitt’s car, drive to Vernon, get groceries, go back to the ranch commissary, get more groceries, and head back to Coffee Creek for the night. On day three, they’d load up Whitt’s car, haul the groceries to Cedar Top, and then drive back to Coffee Creek again. On day four, his grocery shopping complete, Whitley would saddle up and ride back to Cedar Top. Nowadays, the network of roads on the Waggoner is vastly improved, but the distances still stretch the imagination. From the ranch’s southwestern corner, at Davis Camp, a crow will fly nearly 50 miles to reach the northeastern boundary, at Whiteface. The massive holding dates back to the mid-1800s, when a 26-year-old widower named Dan Waggoner moved his family to the Catlett Creek area of Wise County. Despite the constant threat of Comanche raids, Waggoner was able to expand his small herd of longhorns. By the late 1860s, thousands of cattle bearing the D-71 brand were being trailed to market in Kansas by seasoned hands, including Dan’s teenage son, W.T. By 1870, father and son were partners. That year’s cattle drive to Kansas netted D. Waggoner and Son more than $50,000. An empire was in the offing. In 1875, Quanah Parker and his band of Quahada Comanches laid down their rifles and surrendered to the U.S. Army at Fort Sill. The Waggoner herd swelled westward onto the Southern Plains, contained and controlled by cowboys working from remote line camps. In 1879, the Waggoners foiled rustlers by changing their brand from the D-71 to the now-legendary three reverse Ds. At every opportunity, Dan Waggoner purchased land. By 1881, his ranch had reached its modern dimensions: half a million acres sprawling over six counties — the largest ranch in Texas under a single fence. Now the great ranch is up for sale. On August 6, Judge Dan Mike Bird of the Texas 46th District Court approved the listing of the W.T. Waggoner Estate. Court-appointed receiver Michael Baskerville approved the shareholder plan, which designates Bernard Uechtritz of Briggs Freeman Sotheby’s International Realty in Dallas and Sam Middleton of Chas. S. Middleton & Son in Lubbock as the brokers of record. [caption id="attachment_11302" align="aligncenter" width="588"] W.T. Waggoner had an eye for good horse flesh.[/caption] A.B. (Buck) Wharton III, great-grandson of W.T. Waggoner, is a 50-percent shareholder. Gene Willingham, son-in-law of Electra Waggoner Biggs, represents the remaining shareholders. Wharton and Willingham serve as co-directors of the Waggoner. Says Middleton of his charge, “There’s no way any outsider can understand the family’s attachment to this property.” [caption id="attachment_11303" align="aligncenter" width="588"] Jingling the remuda at the first light of day.[/caption] Baskerville has set a guideline price for the ranch at $725 million. The sale will include approximately 42 percent of the mineral rights. Currently, some 1,200 wells produce 41,000 barrels a month. The oil and gas potential of 400,000 acres has yet to be explored. Some 30,000 acres of cultivated farmland produces high-quality forage and feed, and provide the Waggoner cattle operation a rare degree of self-sufficiency. Thousands of miles of well-maintained fencing and excellent roads, dozens of homes, and 13 cowboy camps help ensure security and accessibility to the remotest reaches of the ranch. “This place was put together in a different day and age,” Buck Wharton says. “I can’t imagine it would be possible nowadays.” [caption id="attachment_11304" align="aligncenter" width="588"] Members of the wagon crew at Cedar Top.[/caption] The Waggoner contains some of the ecologically richest rangeland on the Southern Great Plains. With timely rain, the ranch holds tremendous populations of bobwhite quail, javelina, and turkey. Whitetail deer, including Boone and Crockett class bucks, are omnipresent on the ranch. A drive along a wheat field on a winter day in the Dees Pasture will unsettle even the most worldly trophy hunter. The Waggoner has never allowed commercial hunting. From the beginning, only family and friends have hunted the ranch. “Living on the ranch has been like living in a national park,” says Wharton. Thousands of manmade stock ponds — known as tanks on the Waggoner — provide much-needed water for cattle and countless wildlife species that call the great ranch home. Despite the presence of numerous creeks and the Wichita River, which winds its way across a portion of the ranch, these tanks are of vital importance. Many of the tanks, stocked or naturally populated, provide excellent fishing for bass, catfish, and bream. A Waggoner cow never has to walk farther than a mile to water. Two large reservoirs — 16,540-acre Lake Kemp and 3,300-acre Lake Diversion — offer superb fishing, boating, and other recreational opportunities. [caption id="attachment_11305" align="aligncenter" width="588"] "Cutting time!" [/caption] Says Willingham, “It is a sad part of our lives to sell the ranch; however, everything has its time, and the time now is to sell and move the ranch into a new era of ownership,” Willingham points out that “the ranch has been a big part our lives. My wife, Helen, and her sister, Electra, grew up on the ranch. My wife and I have very happily raised our children here, and they, in turn, are raising our grandchildren with the ranch being a part of their lives. When we leave the ranch, it will be with heavy hearts that we say goodbye to our wonderful employees who are also our family.” Says Wharton, “Hopefully, the buyer will keep it going. This ranch has been not only my life but a lot of other people’s lives as well. You can hardly go anywhere in this country without running into someone whose grandfather or some other relative worked on the ranch. It’s amazing how many people this place has touched. If you love Texas, you can’t help but love the Waggoner Ranch.” ]]> 11297 0 0 0 https://landreport.com/2014/11/land-report-november-2014-newsletter/ Sat, 15 Nov 2014 07:00:33 +0000 https://www.landreport.com/?p=11368 Our November newsletter features a slew of activity involving federal and state stakeholders:
  • Chicago Fed updates Midwest farmland values.
  • U.S. Fish & Wildlife declares the Gunnison sage grouse a threatened species.
  • Elected officials in Colorado vow to fight US Fish & Wildlife over the Gunnison sage grouse.
  • New York links forests with 87-acre purchase.
  • The University of South Carolina to sell a historic plantation.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, Pinterest, and Instagram.]]> 11368 0 0 0 https://landreport.com/2015/01/the-2014-land-report-100/ Thu, 01 Jan 2015 07:00:49 +0000 https://www.landreport.com/?p=11140 Here it is ... the 2014 Land Report 100. Among the major movers on this year's list is nationally known homebuilder D.R. Horton, founder and chairman of DR Horton Inc. (DHI), who acquired New Mexico’s 457-square-mile Great Western Ranch. This transaction landed Horton at No. 32 on the 2014 list. Horton purchased the 292,779-acre Great Western from Denver investor Patrick Broe. But don’t worry about Broe. Thanks to holdings in Colorado and Wyoming, he stayed on the list at No. 76. And that wasn’t even the biggest sale. The Reed family, owners of Green Diamond Resource Company, acquired 600,000 acres of Oregon timberland from the estate of Richard Wendt, founder of JELD-WEN Windows & Doors. The purchase upped the Reeds from No. 10 in 2013 to No. 5 in 2014. This swath of rural Oregon is almost the same size as Rhode Island and is the largest land transaction in the U.S. since Liberty Media Chairman John Malone acquired more than 1 million acres of timberland in Maine and New Hampshire in 2011. That buy put Malone atop The Land Report 100, where he remains in 2014 with 2.2 million acres. His good friend and fellow cable entrepreneur Ted Turner is No. 2 with more than 2 million acres. Rounding out the top five are California’s Emmerson family with 1.86 million acres, Kentucky billionaire Brad Kelley with 1.5 million acres, and the Seattle-based Reeds with 1.37 million acres. In all, private holdings increased by nearly 500,000 acres since the 2013 Land Report 100 was completed.]]> 11140 0 0 0 https://landreport.com/2014/12/the-land-report-top-ten-winter-2014/ Mon, 15 Dec 2014 07:00:28 +0000 https://www.landreport.com/?p=11280 The largest ranch under one fence in the Lone Star State tops the leaderboard. 1. NEW LISTING! Waggoner Ranch (Texas): $725 million With more than a half-million acres, Waggoner Ranch (pictured above) is one of the most storied ranches in American history. Sam Middleton of Chas S. Middle and Son has been appointed broker of record by the court-ordered receiver, Mike Baskerville. 2. NEW LISTING! Rancho San Carlos (California): $125 million This 237-acre hilltop estate is perched high above the Pacific in Montecito. Ten residential cottages complement the Reginald Johnson-designed main residence. Suzanne Perkins of Sotheby’s International Realty Santa Barbara has the listing. 3. Pumpkin Key (Florida): $110 million This 26-acre island in the Florida Keys sits between Key Largo and the mainland. Improvements include a main residence, two caretaker’s cottages, a dock master’s apartment, and an office. Accommodations and dockage at Ocean Reef transfer. Russell Post of Russell Post Sotheby’s International has the listing. 4. Homer’s Pond (Massachusetts): $108 million This private retreat is set on 314 acres along the southern shore of Martha’s Vineyard. Available in its entirety or in smaller parcels. Grace Bloodwell and Charles Carlson of South Light Property have the listing. Click here to view the video. 5. Broken O Ranch (Texas): $81 million It’s hard to imagine more than 4,000 acres so close to a major metropolitan area, but that’s exactly the case with the Broken O, which is nestled less than half an hour outside of San Antonio. Listed with The duPerier Texas Land Man. 6. Y.O. Ranch (Texas): $75 million The Y.O. is recognized as a world leader in the management and preservation of exotic game. This iconic 29,000± acre Texas spread has been shepherded by the Schreiner family since 1880. Robert Dullnig of Kuper Sotheby’s International Realty has the listing. 7. Rancho Dos Pueblos (California): $65 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, Rancho Dos Pueblos is one of the largest remaining ranches along the Gaviota Coast. Kerry Mormann & Associates has the listing. Click here to view the video. 8. IX Ranch (Montana): $64.5 million This legacy cattle operation (pictured above) runs a herd of 4,300 on more than 126,000 acres. Five species of upland birds complement huntable populations of elk, mule deer, whitetails, antelope, and mountain lion. Listed with David Johnson at Hall and Hall. Click here to view the video. 9. Rana Creek Ranch (California): $59.95 million Offered for the first time in 30 years, this 14,000-acre working cattle ranch with its own airstrip sits just 20 minutes from Carmel and 40 minutes from Pebble Beach. Suzanne Perkins of Sotheby’s International Realty Santa Barbara is the listing agent. Click here to view the video. 10. Crazy French Ranch (Colorado): $59 million Featuring the highest point east to the Atlantic, this Southern Colorado landmark encompasses 40,000 acres that are home to bison, black bear, elk, mule deer, pronghorn, cougar, and turkey. Listed with Henry Field of Field Brokers LLC in Santa Fe.]]> 11280 0 0 0 https://landreport.com/2014/12/sold-32000-acres-of-oregon-timber-and-grazing-land/ Mon, 01 Dec 2014 07:00:42 +0000 https://www.landreport.com/?p=11370 Realty Marketing/Northwest and Fay Ranches recently completed the second portion of a two-part, $18.5 million sale of a 32,475-acre timber and grazing property outside of Bend, Oregon. Known as Foley Butte Block, the contiguous block features abundant timber, numerous streams, and high-quality grazing. John Rosenthal of Realty Marketing/Northwest represented the seller, Ochoco Lumber Co., and Jerry Hicks of Fay Ranches represented the buyer, Stafford Ranches. The complicated transaction was done in two parts, with 27 percent completed in 2013 and the remaining 73 percent completed in 2014. In addition to the usual complexities associated with the sale of such a large tract of land, Foley Butte Block required a 1031 exchange, a reverse 1031 exchange, a bridge loan, and the assignment of federal government releases as well as grazing rights.]]> 11370 0 0 0 https://landreport.com/2014/12/midwest-farm-values-inch-higher/ Tue, 02 Dec 2014 07:00:03 +0000 https://www.landreport.com/?p=11377 The good news? For the fifth consecutive year, ag values in the all-important Seventh Federal Reserve District moved up. The bad news? The days of double-digit gains are a thing of the past. NATIONAL — TREND A springtime rally in corn and soybean prices buoyed farmland values. Those gains were tempered by a price pullback that began in May. Record harvests could push prices even lower. MIDWEST — FOCUS The 3-percent year-over-year increase in Midwest farmland values for the second quarter of 2014 was 1 percent larger than that for the previous quarter. But, according to Seventh District economists, this increase falls well below the double-digit gains seen in the past few years. Of the 230 agricultural bankers who responded, 68 percent expected Midwest farmland values to remain stable in the third quarter of 2014, 30 percent predicted them to fall, and just 2 percent said they would rise. FOR YOUR INFORMATION: On November 17, the Federal Reserve Bank of Chicago held a conference to examine the role of farm income in the economy of the rural Midwest. More details can be found at www.ChicagoFed.org and in the next issue of the Seventh Federal Reserve District’s AgLetter. ]]> 11377 0 0 0 https://landreport.com/2014/12/almond-grower-fined-160000-must-purchase-conservation-easement/ Mon, 08 Dec 2014 07:00:36 +0000 https://www.landreport.com/?p=11389 The Environmental Protection Agency announced a settlement with Edward Lynn Brown for destroying valuable wetlands in the San Joaquin Valley of Northern California. In August 2012, Brown leased 850 acres of grazing land to convert into an almond orchard. The Army Corps of Engineers informed him that the tract contained protected vernal pools and instructed him to apply for a federal Clean Water Act permit before altering the land. In September 2012, Brown destroyed 32.7 acres of vernal pools without applying for a permit. The settlement requires Brown to pay a $160,000 penalty and purchase and endow a $1 million conservation easement from the EKR Ranches Foundation.]]> 11389 0 0 0 https://landreport.com/2014/12/innovative-fund-turns-water-into-profit/ Tue, 09 Dec 2014 07:00:03 +0000 https://www.landreport.com/?p=11392 Deer Valley looms in the distance of Utah's Freestone River Ranch.[/caption] Jay Ellis had it good. Only a few years ago, he was running Morgan Stanley’s institutional sales office in Dallas, overseeing trades for blue-chip clients such as T. Boone Pickens. Fast-forward to 2014. Jay Ellis has it even better. He’s running Sporting Ranch Capital, a private-equity firm that acquires distressed ranches, gives them some much-needed TLC, and then markets them as premier fly-fishing properties. And Pickens is now his partner. “Boone is the only investor whose name I’ll reveal,” Ellis says. Judging from the caliber of the fund’s properties and the pent-up demand for hard assets, it’s clear his list is top tier. [caption id="attachment_11395" align="aligncenter" width="588"] The addition of eight oxbows is one of many improvements made by Shannon Skelton's crew at CFI Global Fisheries.[/caption] Ellis credits this success to the fact that his fund sources neglected tracts that haven’t changed hands in decades. A prime example would be Utah’s 204-acre Freestone River Ranch, which is located 20 minutes from Deer Valley. It’s one of four offerings that Sporting Ranch Capital is bringing to market this year, including a 160-acre cutthroat trout fishery in the shadow of the Grand Tetons near Driggs, Idaho; a 518-acre hunting and fishing mecca near Chama, New Mexico; and a 760-acre parcel in the Weminuche Valley outside of Pagosa Springs, Colorado. Although the Utah property featured more than 8,000 feet of Upper Provo River frontage, Ellis was more intrigued by the 12,000 feet of spring creek that ran parallel to the Provo. “Think about that. The Mormon Church had been grazing cattle up there for decades. Nobody knew – or cared – about this amazing two-mile fly-fishing corridor just minutes from the home of the 2002 Winter Olympics in Park City,” he says. After acquiring the property from the LDS Church last December, Ellis brought on board Shannon Skelton of CFI Global Fisheries to rehabilitate the creek. Skelton sized up the poor water quality and the eroded banks and got to work reshaping the creek. Irrigation channels were closed off. Oxbows were created. So were terraced pools. Log drops were built. Riffles were added. The result is an entirely different property, one whose new and improved value far exceeds the $1 million Ellis has invested. “When I came out to Park City, I called all the agents in town to see where I could find a couple of hundred acres with some water,” Ellis says. “To a one, they all said it didn’t exist. ‘Not in this market,’ they told me. Guess who’s got it now?” [caption id="attachment_11396" align="aligncenter" width="588"] Carlos Ordonez and Matt Macmillan at Live Water Properties have the $9 million listing.[/caption]]]> 11392 0 0 0 https://landreport.com/2014/12/mixed-signals-on-midwest-farmland/ Mon, 15 Dec 2014 07:00:50 +0000 https://www.landreport.com/?p=11407 Seventh Federal Reserve District Sees a Two Percent Drop in 3Q By the close of the third quarter, farmland values in Indiana and Michigan had moved up, those in Illinois and Iowa had dropped, and Wisconsin’s values stayed the same. That’s the word from the Federal Reserve Bank of Chicago. The good news is farmland values in the Seventh District remained on a par with 2013. The bad news is they edged slightly lower — some 2 percent — compared to the second quarter. This decrease was the largest drop since the end of 2008, and only the third decrease over the last six years. According to David Oppedahl, “The downturn in crop prices of the past two years finally extinguished the trend of rising farmland values that had prevailed in the District since the fourth quarter of 2009.” Read the current issue of AgLetter HERE.]]> 11407 0 0 0 https://landreport.com/2014/12/the-gualala-redwoods-story/ Mon, 15 Dec 2014 07:00:33 +0000 https://www.landreport.com/?p=11423 Ocean air wafts ashore over a narrow sliver of Northern California and creates the redwood forests of song and lore.[/caption] By Corinne Gaffner Garcia The people of Gualala, a quaint coastal town some three hours north of San Francisco, know well the fog that rolls in off the Pacific Ocean. So did their predecessors, the Kashaya Pomo Indians. “The water coming down place” is the Pomoan name these Native Americans christened the stunning setting where the mouth of the Gualala River meets the cold ocean waters and the coastal fog seeps into the nearby forestlands, covering them like a fluffy blanket. The millions of acres of forestland that surround Gualala are home to the tallest tree on earth, the California redwood. Sequoia sempervirens does more than thrive on this thick coastal fog. It actually needs the smokey vapor to grow as tall as a 30-story building (360 feet). Although the average redwood lives 500 to 700 years, ancient ones reach back to the days of Caesar. Another singular quality of this species is that new trees will sprout from the stumps of ones that have been felled. [caption id="attachment_11426" align="aligncenter" width="588"] Beginning in the 1860s, the timber industry was the economic mainstay of Gualala, and it would remain so for more than a century.[/caption] Thanks to its natural acidic tannins, the redwood is rot-resistant, disease-resistant, and incredibly strong. Its value as a timber product is unmatched. Much of San Francisco’s early infrastructure was built with this magnificent tree, and, after the earthquake and fire of 1906, it was rebuilt with redwood. This unique tree has shaped Gualala’s history, from the days of the Kashaya Pomo to its rise as a logging and sawmill hub in the 1860s to the late 1940s when three Floridians recognized its sterling qualities. J. Ollie Edmunds Sr., Sigurd Fogelberg, and Sherwood Hall had offices in the same Jacksonville bank building. During the Great Depression, the three began investing in Northeastern Florida timberland whose owners couldn’t pay property taxes. Fogelberg and Hall were foresters. A lawyer and judge, Edmunds enjoys the distinction of being the sole alumnus of Stetson University to serve as president of his alma mater. Two factors motivated the trio: the economic realities of the times and a passion for the great outdoors. In the aftermath of the Stock Market Crash of 1929, timberland was recognized as a rock-solid asset with strong upside potential. One of Hall’s most famous clients, Alfred I. DuPont, charged him with finding potential timberland investments both in state and out of state. (DuPont’s vast Florida holdings would become the foundation of the St. Joe Company.) [caption id="attachment_11427" align="alignright" width="326"] The typical redwood lives 500 to 700 years and can grow 360 feet tall.[/caption] “Hall found the 30,000-acre Gualala Redwoods and fell in love with it,” recalls J. Ollie Edmunds Jr., M.D. “He went back and told Mr. DuPont, who turned it down. But Mr. DuPont encouraged the others to buy it, which they did.” The three formed a general partnership, with Hall staying on as resident partner and the others returning back East to pursue their careers. They formed a timber management company to work the land, but the partners remained hands-on, ensuring it was always well managed. The timber tract became a family affair, especially for the Edmunds children, Ollie and Jane, who would stay in the bunkhouse above the offices. “My fondest memories are of being out in the woods with Dad, just walking through the forest and being together,” Ollie says. “We spent a lot of time on the land, and this was the reason my dad and I became so close. He became my mentor.” Walking amidst the towering redwood trees was like a religious experience for Ollie and his father. The connection they developed to this landscape ran deep. When Ollie’s mother passed away, his father took a year off from the presidency of Stetson. He went to Gualala to clear his mind. Then he returned to his post. While in college, Ollie transferred from Washington and Lee to Stanford in order to become more familiar with the redwood timber business. On his vacations, he worked on a surveying crew as the pole-and-ax man. He lived in the Gualala bunkhouse. He and his father even discussed going to forestry school together. Ollie had caught timber fever and acquired his father’s passion for the business and the land. But instead of forestry, Ollie went to medical school and became an orthopaedic surgeon. Since 1976, he has been a professor of orthopaedic surgery at Tulane University School of Medicine in New Orleans as well as chief of hand surgery. But his love of the land didn’t fade. He acquired 8,000 acres of Louisiana timberland. Following his father’s death, he became CEO and chairman of Gualala Redwoods. To prepare for this endeavor, he enrolled at the Wharton School at the University of Pennsylvania and studied accounting, finance, and mergers and acquisitions. [caption id="attachment_11428" align="aligncenter" width="588"] In the 1800s, log trains such as this one hauled a single old-growth redwood per railroad car to the sawmill in Gualala. Redwoods built San Francisco, then rebuilt it after the Great Earthquake and Fire of 1906.[/caption] “I would advise leaders of closely held family companies and other CEOs to do some homework,” Ollie says. “When I became CEO and chairman, I had to study accounting, which they never taught me in medical school, so I could read financial statements and cash flow reports.” He attributes much of the financial success of Gualala Redwoods to this prowess. “While I was practicing orthopaedic surgery, I only made it out to Gualala about once a year,” Ollie says. “My management firm, Delta Pacific, Inc., has outstanding foresters, and I meet by phone with my senior forester usually each week.” [caption id="attachment_11429" align="aligncenter" width="588"] Aquatic life thrives around cull logs.[/caption] Even if he wasn’t there in person, the redwoods were always on his mind. “My wife thinks of Gualala Redwoods as more of a mistress,” Ollie says. “It’s something I feel extremely passionate about.” Every year, Ollie and his foresters tour Gualala Redwoods by helicopter. “We pay particular attention to our harvested areas. It’s amazing to me how fast the trees in these plantations grow, and how well stocked and green the harvested areas are,” he says. Balancing timber management and the environment is a trait passed down from father to son. “We make the forest better than when we harvested trees,” Ollie says. “The redwood stumps sprout new growth. We also interplant, cultivating seedlings from the best trees on the property and increasing the stocking per acre. We grow more volume of trees than we harvest annually.” Well-maintained roads diminish sediment runoff and keep surrounding streams and rivers healthy and clear. Cull logs placed in waterways enhance fisheries. Thanks to these efforts, and many others, Gualala Redwoods was honored when the Gualala River Watershed Council received the first annual Watershed Stewardship Award from the North Coast Water Quality Control Board. [caption id="attachment_11430" align="aligncenter" width="588"] Like the trees they have nurtured, Jane and Ollie’s roots run deep at Gualala.[/caption] “We’ve taken strides to protect Gualala Redwoods for our children and our grandchildren,” Ollie says. He pauses momentarily. “And now we’re selling it to a new generation of people. They’re going to have something better than what our family bought.” Gualala has also evolved, transforming itself from a timber center to a destination tourist town. New hotels have opened for business. So have shops and restaurants. The Sea Ranch subdivision is a prime example of this growth spurt, drawing in second homeowners from near and far. Gualala Redwoods has bolstered this trend by donating 11 acres of prime Gualala River frontage and redwood timber to Gualala Arts for its impressive arts center. In honor of Ollie’s father, Ollie and his sister, Jane Edmunds Novak, established and support the J. Ollie Edmunds Distinguished Scholarship at Stetson. It awards four-year full-ride scholarships to exceptional students. Ollie also supports lectureships at Duke, Tulane, and the Orthopaedic Research and Education Foundation. Ollie credits his father with stressing the importance of giving back to the land and the communities that helped shape them. “He was really passionate about it, and he passed those values down to me. I’m trying to pass down the values of philanthropy and noblesse oblige to my children,” Ollie says. [caption id="attachment_11431" align="aligncenter" width="588"] Along the coastline, two seas meet: an ocean of redwoods and the vast Pacific.[/caption] “Gualala Redwoods has been a positive experience for our Edmunds family both financially and emotionally. We have been afforded many educational opportunities. Most importantly, we have enjoyed many memorable occasions as a family unit, which have brought us together and created a strong family bond. Selling this land is especially bittersweet for my sister and me, but it feels good knowing that we protected the environment and that it’s better stocked with trees than it was 66 years ago.”]]> 11423 0 0 0 https://landreport.com/2014/12/new-york-extends-emerald-necklace-with-87-acre-purchase/ Mon, 22 Dec 2014 07:00:05 +0000 https://www.landreport.com/?p=11441 The New York State Department of Environmental Conservation (DEC) acquired 87 acres of land to connect two state forests and extend the Emerald Necklace of protected lands around Ithaca, a priority in the state’s open-space plan. “With the assistance of the Finger Lakes Land Trust, an important corridor linking two DEC-owned properties will now be open to everyone in the state for recreational enjoyment,” said Commissioner Joe Martens. The land is a mix of northern hardwoods, white pine, and young early successional habitat. There are also some wetlands and a tributary to Six Mile Creek on the land. The property had been enrolled in the 480-a Forest Tax Law Program, a program that provides a tax reduction in return for managing forestlands. The valuable wildlife property will continue to be managed as a working forest providing forest products, watershed protection, and habitat.]]> 11441 0 0 0 https://landreport.com/2014/12/for-sale-298-acre-telluride-estate/ Mon, 29 Dec 2014 07:00:19 +0000 https://www.landreport.com/?p=11472 The Wall Street Journal reports that Tom Cruise, the star of Top Gun, Jerry Maguire, The Firm, and the Mission: Impossible franchise has listed his Rocky Mountain getaway with Bill Fandel of Telluride Sotheby’s International Realty. Completed in 1994, the 298-acre gated property is located minutes from downtown Telluride and the Telluride Ski Resort. It features a four-bedroom, six-bathroom main house crafted of native stone and cedar, which includes its own gym, recreation room, and library. In addition to a sports court and a private trail system, the property also includes a three-bedroom, three-bathroom guesthouse. According to Fandel, Cruise is selling the property because he hasn’t used it much over the past few years.]]> 11472 0 0 0 https://landreport.com/2014/12/cnn-money-singles-out-timberland-as-hot-new-commodity/ Wed, 31 Dec 2014 07:00:53 +0000 https://www.landreport.com/?p=11479 In the aftermath of the Great Recession, an increasing number of high-net-worth individuals are crying “timber,” according to Dennis Moon, head of Specialty Asset Management at US Trust. “They’d rather this be their steady eddie, slow-as-you-go type of asset. They like transparency. You can go see it if you want to. It’s not like a piece of financial paper like a stock or a bond.” As Moon points out, many of his clients end up visiting their land, and some go as far as using it for recreational purposes like hunting and fishing. According to CNN Money, the minimum timber investment at US Trust is $5 million, which typically includes several thousand acres on different parcels in the Southeast, Pacific Northwest, and New England. Read more HERE.]]> 11479 0 0 0 https://landreport.com/2015/01/sold-university-of-south-carolina-trustees-agree-to-sell-lowcountry-plantation/ Fri, 02 Jan 2015 07:00:38 +0000 https://www.landreport.com/?p=11482 The University of South Carolina has recently agreed to sell a historic 1,500-acre coastal property that dates back to 1826. Called Wedge Plantation (or The Wedge), it straddles Georgetown and Charleston Counties along the South Santee River about five miles east of McClellanville. The university paid $1 million to buy the property in the 1970s and was asking $4 million. For several decades, Wedge Plantation served as USC’s International Center for Public Health Research for the study of insect-borne diseases. In addition to long-term rental income, the plantation generated revenues as a movie set, most notably, The New Daughter (2009), starring Kevin Costner. Improvements include a 8,665-square-foot plantation home and a 2,546-square-foot cottage. Marsh and wetlands make up two-thirds of the property. Annual maintenance costs exceeded $100,000.]]> 11482 0 0 0 https://landreport.com/2014/12/land-report-december-2014-newsletter/ Mon, 15 Dec 2014 07:00:11 +0000 https://www.landreport.com/?p=11492 Take a look at our December newsletter - full of compelling news and notes such as:
  • Which member of The Beatles is selling his Aspen horse ranch?
  • Which avian species has Congress refused to protect?
  • Which presidential hopeful will be addressing landowners in January?
  • Which western state seeks to take title to more than 31 million acres of federal land?
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, Pinterest, and Instagram.]]> 11492 0 0 0 https://landreport.com/2015/01/2014-land-report-100-wilks-brothers/ Thu, 01 Jan 2015 07:00:18 +0000 https://www.landreport.com/?p=11497

  No. 22 Wilks Brothers

  347,500 acres (up 36,000 acres) The two Texans have been steadily adding to their Montana holdings, which now total more than 311,000 acres, mostly in the eastern part of the state. According to Forbes.com, they acquired an additional 36,000 acres in Idaho. The Wilks launched a website, www.MontanaPublicAccess.com, to dispel rumors about their plans for the 62,000-acre N Bar Ranch, which they bought in 2011: “Simply said, the Wilkses are interested in reestablishing a premier Black Angus ranch at the N-Bar.”]]> 11497 0 0 0 https://landreport.com/2015/01/congressional-rider-blocks-gunnison-sage-grouse-funding/ Mon, 12 Jan 2015 07:00:22 +0000 https://www.landreport.com/?p=11516 Buried in the fine print of last month’s $1.1 billion Cromnibus — the love child of a “continuing resolution” (CR) and “omnibus” spending bill — was a rider that prevents federal funding to meet court-imposed Endangered Species Act (ESA) deadlines. Among the species impacted by this backroom politicking was the Gunnison sage-grouse, a species of grouse roughly two-thirds the size of the more common Greater sage-grouse. Found solely in Southwestern Colorado and Southeastern Utah, the Gunnison sage-grouse has disappeared from 93 percent of its native range. Today, less than 5,000 exist, with the largest concentration in Colorado’s Gunnison Basin. In November, the Gunnison sage-grouse was listed as threatened; according to the Interior Department, the rider does not void this decision.]]> 11516 0 0 0 https://landreport.com/2015/01/2014-land-report-100-d-r-horton/ Thu, 01 Jan 2015 07:00:36 +0000 https://www.landreport.com/?p=11527

  No. 32 D.R. Horton

  262,805 acres (up 176,805 acres) This past summer, the Texas homebuilder added the Great Western Ranch to his holdings, which include Camp Horton, an 86,000-acre ranch in West Texas. At press time, the Media Relations Department at DR Horton Inc., had not responded to an email request about specific ownership details. Jeff Buerger of Hall and Hall had the listing on the Great Western.]]> 11527 0 0 0 https://landreport.com/2015/01/2014-land-report-100-louis-bacon/ Thu, 01 Jan 2015 07:00:10 +0000 https://www.landreport.com/?p=11543

  No. 44 Louis Bacon

  218,331 acres (U.S.) up 2,620 acres 210,678 acres (conservation acreage) Bacon’s longtime advocacy of landscape and wildlife conservation recently earned him the Land Trust Alliance President’s Award for Conservation on September 18, 2014. The award honors “an individual whose leadership has enriched the land conservation movement and whose contributions encourage commitment and action throughout the land trust community and private landowner community.” In presenting the award, Land Trust Alliance President Rand Wentworth said, “Mr. Bacon’s bold actions are inspiring other landowners to protect and steward their lands, encouraging them to protect America’s natural heritage to create a lasting legacy for generations to come.” Previous recipients of the President’s Award for Conservation Leadership include the Colorado Coalition of Land Trusts in 2007, Jim Lentowski of the Nantucket Conservation Foundation in 2010, and David Beaver of the U.S. Department of the Interior’s Bureau of Land Management in 2012. Photo Credit: DJ Glisson/Firefly Imageworks]]> 11543 0 0 0 https://landreport.com/2015/01/2014-land-report-100-hunt-family/ Thu, 01 Jan 2015 07:00:23 +0000 https://www.landreport.com/?p=11575

  No. 52 Hunt Family

  190,000 acres The history of Hunt Oil Company dates back to a starry night in 1934. Although H.L. Hunt initially focused on the East Texas Oilfield, his son Ray and his family now own and operate farms, ranches, and other landholdings in Arizona, Montana, New Mexico, Texas, Utah, and Wyoming through their family-owned Hoodoo Land and Cattle Company.]]> 11575 0 0 0 https://landreport.com/2015/01/2014-land-report-100-emmerson-family/ Thu, 01 Jan 2015 07:00:12 +0000 https://www.landreport.com/?p=11588

  No. 3 Emmerson Family

  1,860,000 acres Sierra Pacific Industries (SPI) was founded in 1949 by Curly Emmerson and his son Red. The company has been owned and operated by the family ever since. Currently, SPI is spearheading a significant conservation project at Lake Tahoe near the Northstar ski area. The company is going to forgo development rights on nearly 6,400 acres of land. Instead, it plans to convert those 10 square miles into open space and contribute them to a 50,000-acre block of undeveloped land between Lake Tahoe and Truckee. The project offers a tremendous opportunity to preserve a vast amount of open space and is now in the public review stage.]]> 11588 0 0 0 https://landreport.com/2015/01/2014-land-report-100-john-malone/ Thu, 01 Jan 2015 07:00:40 +0000 https://www.landreport.com/?p=11674

  No. 1 John Malone

  2,200,000 acres John Malone blames his sprawling landholdings on his good friend and fellow cable entrepreneur Ted Turner. The Yale graduate and his wife, Leslie, live in the Denver area not far from their Silver Spur Ranches, which are located in Colorado, Nebraska, Wyoming, and New Mexico. Though Silver Spur has numerous divisions, its largest holdings are in the Land of Enchantment: the 220,000-acre TO Ranch, which is located in Northern New Mexico near Raton; and the historic 290,100-acre Bell Ranch outside of Tucumcari. The history of the TO, which was founded in 1864 by Antoine “Tony” Meloche, is a story in itself. And the Bell is in a league of its own, a Mexican land grant that dates back to 1824.]]> 11674 0 0 0 https://landreport.com/2015/01/poco-bueno-story/ Fri, 16 Jan 2015 07:00:04 +0000 https://www.landreport.com/?p=11530 A world-class cattle operation requires top ranch horses. Whiteface, the name of the Waggoner horse program headquarters, is synonymous with quality and is recognized as one of the world’s most storied ranch and Quarter Horse programs. W.T. Waggoner’s resolve to breed the world’s best ranch horses may have begun in 1869, when, at 16, standing at Doan’s Crossing on the Red River, he contemplated the 50 sore-backed horses his father had provided him and his fellow cowboys to drive some 6,000 wild steers to Kansas. Two foundation sires, Yellow Jacket, a champion racing Quarter Horse, and Yellow Wolf, a young stallion sired by Old Dan Bailey, were renowned for their stamina and toughness. Whiteface managers could barely keep up with the demand for their colts. Other foundation sires included Pretty Boy; Yellow Bear; Blackburn, a son of Yellow Jacket; Rainy Day; and King Ranch-bred Pep Up. While Blackburn horses were legendary for their toughness, cow horses out of Pep Up, especially those foaled by Pretty Boy mares, were favored for their natural cow sense. In July 1945, E. Paul Waggoner, W.T. Waggoner’s younger son, noticed a colt named Poco Bueno at the Texas Cowboy Reunion Quarter Horse show in Stamford. The following October, newly purchased Poco Bueno headed for the Waggoner’s Three Ds Stock Farm in Arlington, Texas. In 1947, Poco Bueno won the Grand Champion Stallion Award at Denver’s National Western Stock Show. Then he won the American Livestock Show in Kansas City. And the Southwestern Exposition and Fat Stock Show in Fort Worth. And the State Fair of Texas. A distinguished career as a performance cutting horse followed. In 1953, he was named an AQHA Champion. Pokey, as he was known on the Waggoner, passed his talent and his good looks along to his progeny, including AQHA champions Poco Champ, Poco Doll, and Poco Bob. Poco Bueno died in 1969. Per E. Paul Waggoner’s will, the stallion was buried in the standing position near the ranch entrance at Zacaweista. A granite headstone marks his grave. In 1990, the great sire was inducted into the AQHA Hall of Fame. His blood continues to influence the Waggoner breeding program. During the 1980s, the great stallion Mr. Solono Smoke, by Doc Solono out of a Mr. Gunsmoke mare, produced superb ranch horses. “I’ve got a lot of his daughters,” says Whiteface Manager Trace Cribbs. “They’re really well balanced: good backs, good withers, and real cowy.” Although competitions matter, the Waggoner program focuses on the production of excellent ranch horses. “We want 15 hands, good bone and structure, and, yes, we like them pretty: short back, good withers, hocks low to the ground,” Trace says. “That’s been the history of this place.”]]> 11530 0 0 0 https://landreport.com/2015/01/u-s-department-of-agricultures-chief-economist-retires/ Mon, 19 Jan 2015 07:00:37 +0000 https://www.landreport.com/?p=11538 Dr. Joseph Glauber announced his retirement from federal service effective December 31, 2014. A graduate of the University of Chicago and the University of Wisconsin, Glauber was responsible for the USDA’s agricultural forecasts and projections as well as for advising Agriculture Secretary Tom Vilsack on economic implications of alternative programs, regulations, and legislative proposals. Glauber also served as senior staff economist for agriculture, natural resources, and trade at the President’s Council of Economic Advisers and as an economist at the USDA’s Economic Research Service. “No one has a higher level of credibility on issues impacting the agricultural economy than Dr. Glauber. Farm country and, truly, the country as a whole have been extraordinarily well served by Joe throughout his 30 years of federal service. I will miss Joe’s expertise and wise counsel, and wish him well as he begins the next phase of his distinguished career,” said Secretary Vilsack. Current USDA Deputy Chief Economist Dr. Robert Johansson will assume the duties of chief economist on January 1, 2015.]]> 11538 0 0 0 https://landreport.com/2015/01/lands-best-friend-bringing-your-pup-home/ Fri, 23 Jan 2015 07:00:04 +0000 https://www.landreport.com/?p=11566

  What do puppies need most of all? Routine! 

  Puppy training starts the instant she stumbles through your front door. Those first 12 weeks are critical. Yes, temperament is largely inherited, but nature’s work can be stunted and even ruined by insufficient nurture. When you snatch a six-week-old pup from her mama and littermates, you’ve torn her world apart. She’ll cry all night if you leave her alone. Since you aren’t going to get much sleep anyway, you might as well let your better half enjoy some shuteye. Stretch out in an easy chair, and let your pup sleep in your lap or curled on your chest. You’ll get a few winks, and she’ll bond with you. Whenever your pup wakes up, carry her outside and place her on grass. She’ll relieve herself, and she’ll learn a housebreaking lesson. A mental connection has been made. Next day, introduce her to her crate. This is critical. Say “kennel,” and place her inside. She’ll fuss. As soon as she quiets down, let her out, praise her, and carry her outside. Repeat, repeat, repeat. Dogs crave routine. By night three, she should sleep in her box, but plan to get up a few times to let her relieve herself. Do:
  • Stay sharp. Get your puppy outside before accidents happen.
  • Place her dish on the floor, say her name, and say “come” whenever you feed her.
  Don’t:
  • Let your pup roam the house unwatched.
  • Rub your pup’s nose in the mess when accidents happen. Instead, snatch her up and take her outside.
  ]]> 11566 0 0 0 https://landreport.com/2015/01/for-sale-colorado-shoot-n-starr-ranch/ Mon, 26 Jan 2015 07:00:53 +0000 https://www.landreport.com/?p=11569

  Ringo Starr lists Aspen getaway for $3.85 million.

  The Los Angeles Times reports that the Beatles drummer has listed his 15-acre Shoot N’ Starr Ranch with Joshua Saslove of Joshua & Co. Starr and his wife, Bond girl Barbara Bach, paid $1.164 million for the property in 1991. The gentleman’s ranch features breathtaking views of the surrounding mountains and convenient access to the Aspen Airport (13 miles), Aspen (16 miles), and Basalt (6 miles). Shoot N’ Starr’s main residence, which was built in 1987, is a three-bedroom, two-and-a-half-bathroom, 3,200-square-foot open-plan structure with exposed log-and-beam ceilings, picture windows, and a rustic fireplace. A separate caretaker’s unit is also located on the property. In addition to its improvements, Shoot N’ Starr is located on the Roaring Fork River, one of Colorado’s premier fly-fishing waterways and home to plentiful brook, brown, cutthroat, and rainbow trout. According to Roaring Fork Anglers, “Wading is the best way to access this stretch of the river. Hatches are diverse and prolific, providing an excellent opportunity to test your hatch matching skills.”]]> 11569 0 0 0 https://landreport.com/2015/01/land-report-january-2015-newsletter/ Thu, 15 Jan 2015 07:00:26 +0000 https://www.landreport.com/?p=11584 Take a peek at our January newsletter to learn the following:
  • Which invasive species threatens the Great Lakes.
  • Which Colorado ranch just sold at a 65-percent discount.
  • Which Land Commissioner has put the kibosh on a $2 billion project.
  • What conservation plans does the administration have for the nation's largest refuge.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, Pinterest, and Instagram.]]> 11584 0 0 0 https://landreport.com/2015/02/sold-colorados-peace-ranch-sells-for-17-2-million/ Mon, 02 Feb 2015 07:00:06 +0000 https://www.landreport.com/?p=11585 Colorado property originally listed for $50 million. After languishing on the market for more than two years, a choice Fryingpan Valley property sold at a 65-percent discount. Known as the Peace Ranch, the 610-acre Rocky Mountain getaway includes five houses totaling 11,000 square feet, all of which are new or recently remodeled. Other amenities include an indoor riding arena, four stocked trout ponds, numerous trails, various corrals, and a snowmelt system. The ranch is located 15 minutes from Basalt and 45 minutes from Aspen. According to Tommy Latousek of listing brokerage Douglas Elliman Real Estate/Joshua & Co., the Peace is “a pretty amazing package. It’s one of the top sporting ranches in the West — and then you add its proximity to Aspen.” Latousek noted that the ranch is still eligible for a conservation easement.]]> 11585 0 0 0 https://landreport.com/2015/02/land-report-top-10-rancho-san-carlos/ Fri, 06 Feb 2015 07:00:50 +0000 https://www.landreport.com/?p=11595 Owned by the same family for nearly 100 years, the magnificent Rancho San Carlos presents a once-in-a-lifetime opportunity to acquire a unique property of unprecedented grand scale, exceptional architecture, and prestigious historical significance. Perched high above the Pacific in Montecito, this 237-acre hilltop estate includes a 29,483-sq. ft. main residence designed by noted architect Reginald Johnson in 1931 plus 10 residential cottages, an office, producing orchards, and extensive equestrian facilities. Rancho San Carlos is listed with Suzanne Perkins of Sotheby’s International Realty Santa Barbara for $125,000,000.]]> 11595 0 0 0 https://landreport.com/2015/02/new-mexico-land-commissioner-halts-2-billion-project/ Mon, 09 Feb 2015 07:00:40 +0000 https://www.landreport.com/?p=11598 Citing limited state input, New Mexico Land Commissioner Aubrey Dunn issued a 60-day right-of-entry suspension to SunZia, a $2 billion transmission project designed to carry electricity generated in New Mexico and Arizona to markets across the West. Dunn, who took over as land commissioner after defeating incumbent Ray Powell in the November general election, said he wants to ensure that all necessary agreements are in place to protect state lands and to ensure that public schools and other beneficiaries are getting fair consideration. “Eighty-nine miles — nearly 30 percent — of the proposed transmission line will cross state trust land. The suspension will allow our office time to ensure all necessary agreements are in place to protect state trust land and ensure state beneficiaries are receiving fair consideration by SunZia,” Dunn said. “The fact that the State Land Office and its representatives were not invited to Saturday’s announcement by Secretary of the Interior Sally Jewell in Albuquerque is one example that the State Land Office and state trust land beneficiaries have not yet had a voice.” The State Land Office will hold two public meetings for stakeholders and county officials — March 10 in Deming and March 11 in Socorro — to discuss the SunZia project. Read more HERE.]]> 11598 0 0 0 https://landreport.com/2015/02/asian-carp-nearing-lake-michigan/ Mon, 23 Feb 2015 07:00:31 +0000 https://www.landreport.com/?p=11647 US Fish and Wildlife Service reports that Asian carp are knocking on the door of the Great Lakes. Sampling data, collected in October, show the presence of bighead or silver carp DNA throughout the Chicago Area Waterway System less than a city block from Lake Michigan. In the face of this threat, last winter the Army Corps of Engineers released its Great Lakes-Mississippi River Interbasin Study with no clear recommendation to prevent Asian carp and other aquatic invasive species from moving between the Great Lakes and Mississippi River. The report identified 13 invasive species at significant risk of moving between the waterways. Despite this finding, agencies and elected officials have yet to commit to this solution. Read more HERE.]]> 11647 0 0 0 https://landreport.com/2015/02/reduced-colorados-bear-wallow-ranch/ Fri, 27 Feb 2015 07:00:33 +0000 https://www.landreport.com/?p=11661 The 2,600-acre Western Colorado landmark, which was originally listed for $37 million, has been lowered to $29.9 million. Situated off of Interstate 70 west of Glenwood Springs and just 15 minutes to Rifle/Garfield County Airport, this end-of-the-road tract features exclusive Forest Service access as well as BLM and Forest Service grazing leases. Improvements include a five-bedroom, three-and-one-half bath home with guest house, a lodge, an equipment barn, hay sheds, cattle handling facilities, senior water rights, numerous ponds, direct private access to public land, abundant wildlife, and excellent hunting. Rue Balcomb at Mason & Morse Ranch Company has the listing.]]> 11661 0 0 0 https://landreport.com/2015/02/land-report-february-2015-newsletter/ Sun, 15 Feb 2015 07:00:04 +0000 https://www.landreport.com/?p=11664 Page through out February newsletter to learn:
  • Who was selected by the RLI as the Land Realtor of the Year.
  • What crop disease the USDA is tackling with $30 million worth of research.
  • What conference you need to attend if private timberland is in your portfolio.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, Pinterest, and Instagram.]]> 11664 0 0 0 https://landreport.com/2015/03/productive-ag-land-piques-international-investors/ Mon, 02 Mar 2015 07:00:55 +0000 https://www.landreport.com/?p=11668 The Economist is reporting that broad demographic trends are driving more and more investors, including sovereign funds, to consider investments related to ag land and increased productivity. “Institutional investors such as pension funds see farmland as fertile ground to plough, either doing their own deals or farming them out to specialist funds. Some act as landlords by buying land and leasing it out. Others buy plots of low-value land, such as pastures, and upgrade them to higher-yielding orchards. Investors who are keen on even bigger risks and rewards flock to places such as Brazil, Ukraine, and Zambia, where farming techniques are often still underdeveloped and potential productivity gains immense.” It is worth noting that highly developed markets such as the US and the UK still hold great appeal. “Farmland has been a great investment over the past 20 years, certainly in America, where annual returns of 12 percent caused some to dub it ‘gold with a coupon.’ In America and Great Britain, where tax incentives have distorted the market, it outperformed most major asset classes over the past decade, and with low volatility to boot.” Read more HERE.]]> 11668 0 0 0 https://landreport.com/2015/03/corn-belt-sees-first-decline-since-1986/ Mon, 16 Mar 2015 07:00:43 +0000 https://www.landreport.com/?p=11678 Despite record numbers for both corn and soybean production, the Seventh Federal Reserve District, which includes Iowa, Illinois, Indiana, Michigan, and Wisconsin, saw a 3 percent decrease in “good” farmland values for 2014. It was the first yearly decline since 1986. In addition, the fourth quarter of 2014 was the first time since the third quarter of 2009 that the Seventh District suffered a year-over-year drop in farmland values. In the fourth quarter of 2014, Illinois, Indiana, and Iowa experienced declines in agricultural land values on a year-over-year basis; in contrast, Wisconsin experienced a modest increase, and Michigan had no change. US corn production in 2014 reached a record high of 14.2 billion bushels (2.8 percent higher than the 2013 harvest). U.S. soybean production for 2014 hit a record high of 3.97 billion bushels (18 percent higher than the 2013 harvest). According to the Chicago Fed’s AgLetter, however, at the end of 2014 the index of inflation-adjusted agricultural land values for the Seventh District was 68 percent higher than at its 1979 peak during the boom of the 1970s.]]> 11678 0 0 0 https://landreport.com/2015/03/land-report-2015-texas-edition/ Sun, 15 Mar 2015 07:00:07 +0000 https://www.landreport.com/?p=11685 One of the great strengths of a national publication is its national reach. But that same national reach can also become a glaring weaknesses. Not this national title. With four rock-solid issues going to press each year and a robust social media presence to bolster our print component and newsletter, the time has come to delve into more specific markets. And when it came to our first special issue, it should come as no surprise that we went big. We went to Texas. So have a look at our 2015 Texas issue sponsored by Republic Ranches and tell us how we did.]]> 11685 0 0 0 https://landreport.com/2015/03/s-department-of-agriculture-targets-citrus-greening/ Thu, 26 Mar 2015 07:00:55 +0000 https://www.landreport.com/?p=11731 Secretary of Agriculture Tom Vilsack announced $30 million in funding for 22 projects to help citrus producers combat Huanglongbing (HLB). Better known as citrus greening, HLB is a devastating citrus disease that is threatening U.S. citrus production. The HLB funds will support a variety of projects that could offer near-term solutions as well as underwrite research funding that may develop long-terms solutions. “Funding these projects through cooperative agreements puts us one step closer to putting real tools to fight this disease into the hands of citrus growers,” said Secretary Vilsack.]]> 11731 0 0 0 https://landreport.com/2015/03/land-report-march-2015-newsletter/ Sun, 15 Mar 2015 07:00:47 +0000 https://www.landreport.com/?p=11741 Our March newsletter features numerous news items, including:
  • Why landowners must contact their elected officials in Washington.
  • Which 5,221-acre legacy property goes on the auction block next month.
  • Who is heading up the new Land & Ranch Division at Concierge Auctions.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, Pinterest, and Instagram.]]> 11741 0 0 0 https://landreport.com/2015/04/lands-best-friend-blue-grit-2/ Thu, 02 Apr 2015 07:00:14 +0000 https://www.landreport.com/?p=11746 In the heart of cattle country, the Blue Lacy shines.
  In 2005, the State of Texas designated the Blue Lacy as Texas’s official dog breed. This selection took place almost 150 years after Kentucky’s Lacy brothers — Frank, George, Erwin, and Harry — arrived in the Lone Star State and began developing working dogs that could bay the biggest, meanest hogs and the wildest cattle. The brothers also deemed treeing raccoons, squirrels, bobcats, and cougars as well as tracking wounded game essential. According to legend, the Lacy line began with greyhound-scent hound-coyote crosses. Each generation’s breeding stock was then chosen for natural herding and hunting ability. The result was a sleek, medium-sized cur that was beautifully adapted to stock herding and hunting in the Texas Hill Country. The Lacy’s tight, sleek coat requires minimal grooming. In addition to the gun-metal or slate-gray color that earned the breed the name Blue Lacy, Lacys can be yellow, red, or tricolored; hence, the more general name: Lacy Dog. Although they’ve long been favored by stockmen and hog hunters, Lacy Dogs are gaining a reputation as superb trackers of wounded deer. Good Lacy Dogs tree readily, and like other curs, they’re typically silent or semi open on the track, with a hard, chopping treeing bark. Do:
  • Join the Lacy Game Dog Association: www.lacydog.com.
  • Select pups from only working lines listed with the Lacy Dog Game Registry: www.bluelacydogs.org.
  • Make your Lacy Dog a member of the family.
  Don’t:
  • Resort to harsh discipline. Despite their grittiness toward stock and game, Lacy Dogs have surprisingly soft temperaments.
  ]]> 11746 0 0 0 https://landreport.com/2015/04/on-the-block-texas-costa-grande-ranch/ Fri, 03 Apr 2015 07:00:55 +0000 https://www.landreport.com/?p=11759 Rare Texas Gulf Coast offering goes on the block April 21, 2015.
  One of the few remaining large private parcels unencumbered by conservation easement on the Texas Gulf Coast, Costa Grande Ranch encompasses 5,221 acres and features more than five miles of frontage on the Intracoastal Waterway with easy access to Shoalwater Bay, Dewberry Island, and deep water. Over the last few decades, many of the largest tracts in the region around Port O’Connor have been divided, developed, or placed under easement, including the adjacent 17,351-acre Powderhorn Ranch, which was acquired by the State of Texas in 2014 to be developed into a state park and wildlife management area. Convenient to Houston, San Antonio, and Austin, Costa Grande is home to a diverse population of wildlife as well as more than 400 species of birds. Contact Scott Shuman at Hall and Hall to secure a diligence package.]]> 11759 0 0 0 https://landreport.com/2015/04/farmland-partners-to-purchase-eight-row-crop-farms/ Tue, 07 Apr 2015 07:00:14 +0000 https://www.landreport.com/?p=11765 Farmland Partners Inc. (NYSE: FPI) will acquire 15,042 acres of farmland in North Carolina, South Carolina, and Virginia for $49.8 million in cash and 2,981,971 shares of the company’s stock as well as units of limited partnership interest in the company’s operating partnership. The acquisitions are expected to close in May 2015 subject to customary closing conditions. “This agreement marks our largest acquisition to date,” says CEO Paul Pittman. “It is our second sizable transaction in the Southeast, following our acquisition of approximately 6,800 acres in South Carolina in December, and will expand our geographic footprint to include two new states — North Carolina and Virginia.” Since its initial public offering in April 2014, FPI has developed a portfolio that includes 93 farms with approximately 49,346 acres in Arkansas, Colorado, Illinois, Louisiana, Mississippi, Nebraska, and South Carolina, as well as grain storage facilities in Arkansas, Colorado, Illinois, and Nebraska. According to the company’s corporate profile, “The substantial majority of the farms in our current portfolio are devoted to primary crops, such as corn, soybeans, wheat and rice, because we believe primary crop farmland is likely to provide attractive risk-adjusted returns over time through a combination of stable rental income generation and value appreciation.”]]> 11765 0 0 0 https://landreport.com/2015/03/2015-land-report-texas-10-presented-by-republic-ranches/ Tue, 10 Mar 2015 07:00:31 +0000 https://www.landreport.com/?p=11772 Take a tour of a matchless Texas tradition: stewarding the land, generation after generation. No matter how much land you own or how much you aspire to own, these are priceless lessons to be learned and shared. 

  No. 1 King Ranch Heirs

  911,215 acres In 2015, King Ranch Inc. marks its 162nd year of continuous operations. While remaining true to the iconic ranching heritage begun by Captain Richard King so long ago, King Ranch has continued to prosper due to a broad diversification and growth into other land-based, agricultural production-focused businesses. King Ranch celebrates the 100th anniversary of the Main House on the Santa Gertrudis Division this year. The Main House replaced the two-story wooden homestead that burned to the ground in 1912. Mrs. King's grand new Mission-style home served as the family residence and ranch headquarters. To this day, the Main House remains the primary family residence on King Ranch and stands as a tribute to seven generations of private ownership. The Main House and Ranch have been designated as a National Historic Landmark by the Interior Department and a Texas Historical Monument by the State of Texas.

  No. 2 Briscoe Family

  560,000 acres Like so many First Families of Texas, the Briscoes enjoy a legacy of service. During the Texas Revolution, Andrew Briscoe served as a captain at the Battle of San Jacinto. His descendants have been similarly distinguished. Cattle rancher Dolph Briscoe Sr. (1890-1954) fueled the family’s fondness for land. His son, two-term Texas governor Dolph Jr. (1923-2010), grew the family’s holdings along with its ranching operations, which are based out of Uvalde and spread out over nine Texas counties.

  No. 3 W.T. Waggoner Estate

  535,000 acres Dan Waggoner (1828-1902) established the Waggoner Ranch in 1849. His son, W.T. (1852-1934), expanded it. Today, the Waggoner Ranch is managed by codirectors A.B. “Buck” Wharton and Gene Willingham. The two oversee the massive cattle operation, a horse breeding program, crop production, and more. For a more in-depth look at this historic holding, which is currently on the market for $725 million, read Henry Chappell’s “The Bold Brand.”

  No. 4 O’Connor Heirs

  500,000 acres Tom O’Connor was born in County Wexford, Ireland, in 1819, left for Texas with an uncle in 1834, and, when he passed in 1887, bequeathed an estate valued at $4.5 million, including 100,000 head of cattle and more than half a million acres of prime Coastal prairie. His eldest son, Dennis Martin (1839-1900), inherited his father’s ranching operation – and expanded it. The family’s quest for water led to the development of one of the state’s most productive plays, the Tom O’Connor Field.

  No. 5 Hughes Family

  390,000 acres (up 17,000 acres) The Hughes family enjoys decades’ worth of oil and gas know-how, and they’ve invested a portion of their profits in land. The majority of it is used for cattle ranching, grazing, and hunting leases. But their talents are also put to the greater good. Dan Allen Hughes Jr. has served as a commissioner and, subsequently, as chairman of the Texas Parks and Wildlife Commission, and he also serves on the advisory board of the Borderlands Research Institute for Natural Resource Management at Sul Ross State University in Alpine.

  No. 6 Malone Mitchell 3rd

  384,000 acres In 1985, this Oklahoma State graduate founded the precursor to SandRidge Energy (SD). Over the next two decades, he built it into one of the largest privately held energy companies in the U.S. As SandRidge grew, Mitchell’s attention turned to his West Texas roots where he resurrected the Longfellow Ranch and returned it to its place as one of the best-known brands west of the Pecos.

  No. 7 Nunley Brothers

  301,500 acres Seven decades have passed since Red Nunley took up ranching near Sabinal. Beginning with a small steer operation, Red went on to establish one of the largest cow-calf operations in Texas. Along the way, he partnered with Dolph Briscoe Sr. to incorporate Santa Gertrudis genetics from King Ranch into his beeves. Today, Nunley Brothers Ranches is run by Red’s grandsons Bob and Richard. The brothers partner on ranches spanning from South Texas to the Texas Hill Country and across the Trans-Pecos to Alpine.

  No. 8 Jeff Bezos

  290,000 acres Few people are aware of the fact that Amazon.com’s CEO grew up spending his summers on his grandfather’s South Texas ranch. No wonder Bezos bought the 290,000-acre Corn Ranch just down the road from Guadalupe Mountains National Park. But Bezos is no cattleman. He uses his 450-square-mile rancho</> for his private aerospace firm, Blue Origin. “The team at Blue Origin is methodically developing technologies to enable human access to space at dramatically lower cost and increased reliability, and the BE-4 (rocket engine) is a big step forward,” Bezos said in a statement to the press earlier this year.

  No. 9 Kokernot Heirs

  278,000 acres Among the most storied ranches in Far West Texas, the o6 brand was registered as early as 1837. It was purchased by John Kokernot in 1872, who, with his brother Lee, began grazing cattle on open range west of the Pecos. In 1912, Lee’s son, Herbert Lee Sr. (1867-1949), began to piece together the immense property now know as the o6 Ranch and the Leoncita Cattle Company.

  No. 10 Anne Marion

  275,000 acres The only daughter of “Miss Anne,” Ms. Marion is president of Burnett Ranches, which owns the Four Sixes Ranches. Her great-grandfather, Samuel “Burk” Burnett, founded the ranch in 1868. Numerous rumors have sprung up about the 6666 brand, including a tale involving a winning poker hand. The truth is that the pioneering rancher bought 100 head of cattle from Frank Crowley, and every one of them wore the 6666 brand. Download the 2015 Texas Special issue HERE.]]> 11772 0 0 0 https://landreport.com/2015/04/congress-pondering-1031-exchange/ Wed, 15 Apr 2015 07:00:50 +0000 https://www.landreport.com/?p=11737 House Ways and Means Chairman Paul Ryan sees a possible window for tax reform in 2015.[/caption]

  By David Brown

  Over the past year, a variety of proposals have emerged from Congress designed to gut the tax code and create a simpler, more fair taxation framework. While many deride the U.S. tax code as “broken,” many sections, including Internal Revenue Code Section 1031, function well. Section 1031 allows property owners to defer capital gains tax and depreciation recapture when they sell business-use or investment properties and reinvest in qualifying replacement property. This process is commonly referred to as a Section 1031 or “like-kind” exchange. Currently, in both the Senate and House proposals, Section 1031 has been targeted for elimination. Additionally, the President’s 2016 Budget proposes severe limits to the provision.

  First enacted in 1921, the like-kind exchange has served as one of the most effective and longest-standing tax code provisions. The premise behind Section 1031 is that taxpayers should be allowed to defer tax as long as they continue to invest in “like-kind” assets. Congress recognized that it is unfair to tax a paper gain when there has been no cashing out of the investment. Certain business-use and investment assets are inherently illiquid. This is especially true of real estate, a critical driver in the overall U.S. economy. For nearly a century, Congress has promoted real property ownership through such exchanges with the idea that investment should not be stifled due to fear of the tax consequences of selling.

  Like-kind exchanges allow domestic businesses to efficiently expand and prosper while stimulating economic growth. Exchanges are used by a myriad of businesses, including farmers, ranchers, recreational landowners, commercial real estate investors, equipment and machinery owners, and other businesses that invest in real estate and other capital assets.

  Like-kind exchanges also help promote environmental conservation by allowing ranchers and farmers to sell conservation easements on environmentally sensitive parcels to conservation organizations, defer the tax, and fully reinvest in more productive, less sensitive acreage.

  A 2015 Ernst & Young study on the economic impact of repealing like-kind exchanges concluded that repealing the like-kind exchange rules would slow economic growth, reduce GDP, and hurt owners of real property and many U.S. small businesses. The study confirmed that a repeal of Section 1031 would result in taxation of investors across a wide spectrum of industries that, absent the tax, would continue their investment in real property and other capital assets.

  Both House Ways and Means Chairman Paul Ryan and Senate Finance Committee Chairman Orrin Hatch have stated there is a window in 2015 for tax reform. Senator Hatch commissioned bipartisan working groups in the Senate and charged them with providing him input by May. Congressional leaders have stated that even if tax reform cannot be accomplished in the near term, they fully intend that the current bipartisan effort will serve as the foundation for passage of legislation when a more welcoming political climate presents itself. Insiders believe that if a repeal or limitation on Section 1031 is included in a new draft bill, it will be a very difficult, uphill battle to preserve Section 1031. The overarching objective for everyone who benefits from this powerful economic stimulator must be to avoid having Section 1031 included in a new tax reform bill.

  While endeavors to simplify the tax code are well intended, proposals for repeal or limitation of Section 1031 would have a chilling impact on real estate markets as well as the larger overall economy. Scores of opinion leaders, real estate professionals, industry associations, and other stakeholders have cautioned that elimination of Section 1031 would hit the real estate sector hard and have a dramatic negative impact on real estate owners and investors. They have also singled out the impact a repeal would have on service providers whose businesses involve real estate transactions, such as brokers, legal counsel, taxation specialists, and other companies that support and facilitate real property ownership.

  Since the proposals for repeal/limitation of Section 1031 appeared, a diverse range of 60 national, regional, state, and local industry and business associations have registered their support for like-kind exchanges and called on Congress to preserve this vital economic stimulant, including the American Farm Bureau Federation, the American Farmland Trust, the Conservation Fund, the Land Trust Alliance, the National Cattlemen’s Beef Association, The Nature Conservancy, and the Trust for Public Land.

  The leaders of these associations recognize that the threat to Section 1031 is real, and they are taking action. All stakeholders who utilize exchanges are encouraged to contact their representatives and senators and tell them that Section 1031 should be preserved.

  A short letter to Congress can be sent via www.1031taxreform.com. The process is easy, and it is critical that our elected officials hear the voices of taxpayers imperiled by such short-sighted legislation.

  – David Brown  is the owner of IPE 1031, a qualified intermediary company specializing in land exchanges. A member of the Iowa State Bar, he serves on the Government Affairs Committee of the Federation of Exchange Accommodators.

  ]]> 11737 0 0 0 https://landreport.com/2015/04/conservation-easement-to-protect-south-kona-forestland/ Mon, 13 Apr 2015 07:00:24 +0000 https://www.landreport.com/?p=11776 The land, located in the Kaawaloa Forest between 2,300 and 4,300 feet in elevation, is rare native wet forest with a diversity of indigenous plants, trees, and birds, says Greg Hendrickson, real property administrator for the Pace family, which owns the Hokukano Ranch where the easement is located. The family has agreed to a $3.2 million conservation easement with Hawaii Department of Land and Natural Resources. The US Forest Service’s Forest Legacy Program will provide funding. According to a Department of Land and Natural Resources spokesperson, the Pace family donated more than 25 percent of the total property value to the easement purchase. “The primary goal is to eliminate subdivisions and development,” Hendrickson says. “Kaawaloa is the next piece in creating a nice network of properties under sustainable management.” The Kaawaloa easement will connect the Heritage Ranch tract with the state’s Onouli Forest to the north and create an unbroken swath of protected land extending 50 miles south to Hawaii Volcanoes National Park. Click here to read more.]]> 11776 0 0 0 https://landreport.com/2015/04/one-straight-shooter/ Thu, 16 Apr 2015 07:00:52 +0000 https://www.landreport.com/?p=11791

  This Texan is committed to the land — and landowners.

  Fifth-generation Texan Katharine Armstrong is a straight shooter — in more ways than one. Raised on her family’s South Texas cattle ranch, she grew up with a first-hand knowledge of ranching and wildlife. Armstrong is an avid outdoorswoman and artist, and was recently awarded the prestigious T. Boone Pickens Lifetime Sportsman Award by Park Cities Quail. Her knowledge of wildlife and ranching in the Lone Star State led then-Governor George W. Bush to appoint Armstrong to the Texas Parks & Wildlife Commission in 1999. Two years later, Governor Rick Perry named her chairman of the commission, making her the first woman in history to lead the agency. “I consider myself incredibly lucky. I don’t think I could have had those accomplishments without growing up on a ranch,” Armstrong says. “I grew up in the golden era of the Armstrong Ranch. It was a great ranch and a center of activity in South Texas society, politically, artistically — every way you could imagine.” Anyone with even a passing knowledge of Texas politics or ranching might say that’s a bit of an understatement. Her parents, Tobin and Anne Armstrong, were key figures in the Republican Party. Anne was a vice chairman of the Texas Republican Party, co-chair of the Republican National Committee, and the keynote speaker at the 1972 Republican National Convention. In 1976, she become the first woman to serve as American ambassador to the Court of St. James. [caption id="attachment_11793" align="aligncenter" width="588"] One of the many critters that inhabit the Armstrong Ranch.[/caption] The gregarious Armstrongs welcomed scores of politicians, artists, and thinkers to their South Texas ranch. In a 2006 article, The New York Times deemed the Armstrong Ranch “a place that has become a quiet destination for the powerful, rivaling Hyannisport, Kennebunkport, and the Hamptons as a setting where important relationships have been nurtured.” And though Katharine Armstrong is as sage and active as her parents, it was the day-to-day aspects of ranching that helped shape her viewpoint today. In addition to the Armstrong Ranch, she and her husband, Ben Love, own another property in the Big Bend country of Far West Texas. Although the terrain on each is markedly different, both ranches have the potential to enhance the economics and ecology beyond their own fences. Armstrong is a firm believer that empowering private landowners has benefits that reach well past individual property lines. “When you recognize that most of the state is owned by private landowners, it is important get landowners involved in every aspect of decision making. Private land must stay strong economically to be strong environmentally, and most landowners will choose to do what is right for their land, and to do so generously. Incentivizing landowners is key, not punishing them. I don’t think sledgehammers convince anyone for very long,” she says. It’s a fitting assessment from Armstrong, who, along with former First Lady Laura Bush and Regan Gammon, founded Taking Care of Texas, which champions stewardship across the state.

  "Private land must stay strong economically to be strong environmentally, and most landowners will choose to do what is right for their land and to do so generously."

  Armstrong served as the non-profit’s first president and remains on its board of directors, helping connect scientists, landowners, conservationists, and businesses to promote the benefits of economics and conservation. She currently serves as chairman for the Armstrong Center for Energy and the Environment at the Texas Public Policy Foundation and is a director of the Texas and Southwestern Cattle Raisers Association and the Texas Wildlife Association. She continues to have a healthy respect for her outdoor pursuits, and although she is not able to get to her ranches as often as she would like to these days, she cherishes the time she does get to spend there with her family, which only reinforces the values she was raised with on her family’s land. “Empowering landowners is a good way to encourage conservation,” she says. “If we want consistency over time, we should rely on the private sector and keep it financially viable. Give people freedom to adapt, and they will be strong economically and healthy environmentally, which is certainly in everyone’s best interest.”]]> 11791 0 0 0 https://landreport.com/2015/04/santa-fe-passes-public-water-and-landowner-protection-bill/ Mon, 20 Apr 2015 07:00:17 +0000 https://www.landreport.com/?p=11797 The New Mexico state legislature reaffirmed the rights of landowners to manage wading and fishing access to non-navigable streams on private lands. New Mexico landowners urged passage of the legislation following an opinion issued by a former New Mexico attorney general that ran counter to longstanding New Mexico rules and regulations. Sen. Richard Martinez and Rep. Paul Bandy sponsored the legislation. A broad coalition of landowners, guides, outfitters, and agricultural groups supported the bill, which now heads to Governor Susana Martinez for her signature.]]> 11797 0 0 0 https://landreport.com/2015/04/the-land-report-spring-2015/ Wed, 15 Apr 2015 07:00:43 +0000 https://www.landreport.com/?p=11803 It's a rite of spring: the 2014 Deals of the Year in The Magazine of the American Landowner. And the winners are:
  • The 2014 Land Report Deal of the Year: Powderhorn Ranch (Texas)
  • The 2014 Agriculture Deal of the Year: Proventus Portfolio (Multi-State)
  • The 2014 Historic Deal of the Year: Caribou Ranch (Colorado)
  • The 2014 Ranchland Deal of the Year: Rockpile Ranch (Texas)
  • The 2014 Timberland Deal of the Year: St. Joe Timberlands (Florida)
  Congratulations to the participants in each of these epic transactions!]]> 11803 0 0 0 https://landreport.com/2015/04/mesa-vista-kennel/ Thu, 30 Apr 2015 07:00:50 +0000 https://www.landreport.com/?p=11819

  It comes as no surprise that Boone Pickens’ Mesa Vista Ranch, home of the world’s finest quail hunting, is also the site of a world-class kennel.

  [caption id="attachment_11822" align="alignright" width="300"] Year in and year out, Mesa Vista ranch boasts some of the country's most consistent bobwhite hunting. Most years, 20-covey days are the norm.[/caption] Boone Pickens started “dog rich” and has held his course. “Back when I couldn’t afford one bird dog, I had two. When I couldn’t afford two, I had three,” he says. As his acreage expanded, so did his kennel. Nowadays, the founder and chairman of Dallas-based BP Capital kennels around 25 pointing dogs, a couple spaniels, and 13 Labrador retrievers at his 64,000-acre Mesa Vista Ranch on the Canadian River in Roberts County, Texas. [caption id="attachment_11824" align="alignleft" width="166"] “I’ve always felt that to be wealthy is to have an abundance of something you really love.” – T. Boone Pickens.[/caption] Pickens is a hardcore bobwhite quail hunter, and manages his ranch accordingly. Most years, he and his guests hunt 50 to 60 days. Twenty-plus covey days and 15-bird limits are the norm. According to Ranch Manager Keith Boone, nearly all of the ranch is excellent bobwhite habitat. Not content to depend on timely rainfall alone, Pickens bucks convention – and standard advice from wildlife managers – with some 25 miles of buried drip line that creates regular pools and seeps to ensure abundant moisture during dry years. The extra water stimulates growth of excellent brood-rearing habitat and ensures a population of protein-rich insects for growing chicks. Although Pickens readily admits that under ideal conditions quail hunting on the South Texas plains is as good as it gets, he insists that year in and year out, and especially under his management plan, the Texas Panhandle is more consistent. His records back him up. During drought years, when even the best South Texas hunters hope to get three or four coveys, if they’re bothering to hunt at all, Pickens and his guests often enjoy a dozen or more coveys a day. Furthermore, the cold Panhandle winters send rattlesnakes underground during quail season. Under these conditions, any bird dog that makes the team will point thousands of quail over an eight- to ten-year career. Likewise, Mesa Vista retrievers and spaniels retrieve more downed birds in a couple seasons than most gun dogs retrieve in a lifetime. [caption id="attachment_11826" align="alignright" width="300"] Keith Boone checks a dog for cactus spines and sandburs after a hard day afield.[/caption] All Mesa Vista pointing dogs come out of famous bloodlines. In recent years, Keith has been partial to the Miller’s Chief and Guardrail lines, but he’s always on the lookout for talent. Although he keeps a few English setters and, recently, a big-running German shorthair that Pickens likes, English pointers — archetypal Texas bird dogs — are the workhorses. “We’re looking for stylish, hard-running dogs that work no farther than 300 or 400 yards out,” Keith says. All the pointing dogs wear electronic collars to ensure good manners, and molded rubber Lewis boots for protection from sandburs and cactus. Long-tailed pointing dogs wear tail flags for easy location. Although Keith often raises litters of Labs and now favors his homegrown line, most of the pointing dogs come from elsewhere. An outside pro trainer instills basic obedience and introduces pups to birds and gunfire. From that point, Keith and two Mesa Vista dog handlers finish the training.]]> 11819 0 0 0 https://landreport.com/2015/04/land-report-april-2015-newsletter/ Wed, 15 Apr 2015 07:00:17 +0000 https://www.landreport.com/?p=11828 Our Spring issue featuring the 2014 Landowners of the Year, Katharine Armstrong and Ben Love, and the 2014 Deals of the Year highlights our April newsletter, including:
  • 2014 Deal of the Year: Texas's Powderhorn Ranch
  • 2014 Historic Deal of the Year: Colorado's Caribou Ranch
  • 2014 Timberland Deal of the Year: Florida's St. Joe Timberland
  • 2014 Agricultural Deal of the Year: Proventus Portfolio
  • 2014 Ranchland Deal of the Year: Texas's Rockpile Ranch
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, Pinterest, and Instagram.]]> 11828 0 0 0 https://landreport.com/2015/05/sold-texas-char-lin-ranch-sells-for-2-73m/ Mon, 04 May 2015 07:00:23 +0000 https://www.landreport.com/?p=11829 Situated an hour south of Dallas and Fort Worth, Char-Lin Ranch went on the block on April 23. A productive ranch featuring improvements for horses and cattle, rolling native pastureland predominates on the property. Other noteworthy elements include a 135-acre private lake, a spacious main residence perched on a hilltop, plus two additional homes. Fifty percent of the minerals were also conveyed in the sale. According to Hall and Hall Auctions, the ranch was unique to the area thanks to its large size and regular shape. The Navarro County ranch was offered in three tracts as well as in its entirety. “Thirteen registered bidders competed to purchase the three tracts that were offered at auction. One bidder walked away successful with a bid of $2,730,000 on the entire property,” reported Scott Shuman of Hall and Hall Auctions.]]> 11829 0 0 0 https://landreport.com/2015/05/the-quarter-horse/ Tue, 05 May 2015 07:00:26 +0000 https://www.landreport.com/?p=11833 From Texas ranches comes an American original.   The American Quarter Horse did not originate in Texas. In that respect, its heritage shares a surprising number of parallels with the English Thoroughbred. Although the bloodlines of the mighty Thoroughbred can be traced far and wide, in England it came of age. So, too, it is with the handiest of horses, the American Quarter Horse. If you scan the first studbook of the American Quarter Horse Association, you will find that top honors go to a chestnut stallion foaled on King Ranch. Known as Wimpy, he was bred by George Clegg, and his genetics were top notch. On the top and the bottom, his grandsire was Old Sorrel, foundation sire of King Ranch. Thanks to his selection as the Grand Champion Stallion at the 1941 Southwestern Exposition Quarter Horse Show in Fort Worth, Wimpy earned the much-coveted P-1 designation in the AQHA studbook. One of the other stallions in the arena at the Southwestern Exposition that day was a Waggoner Ranch entry named Silver Dawn. Like King Ranch and the Pitchfork and the Four Sixes (to name but a few), the Waggoners knew that running a world-class cattle operation required buying and breeding the best horseflesh. It was and is a ceaseless quest. The watercolor above, Tommy at El Cid by Land Report Design Director Don Weller, features cutting horse trainer Tom Lyons plying his craft at the El Cid Feedlot in Farwell on the Texas–New Mexico line. As Don told me, “Not all cutting horses are Quarter Horses. And for that matter, not all horses that race over a quarter-mile are Quarter Horses. But in each case, the best ones, the one that win, are.]]> 11833 0 0 0 https://landreport.com/2015/05/sage-grouse-to-stay-off-endangered-list/ Mon, 11 May 2015 07:00:34 +0000 https://www.landreport.com/?p=11846 Interior Secretary Sally Jewell announced on April 21 that U.S. Fish & Wildlife Service has determined that the population of greater sage-grouse does not require Endangered Species Act protection. The Bi-State Distinct Population Segment straddles about 4.5 million acres of high-desert sagebrush along the California-Nevada border. “Thanks in large part to the extraordinary efforts of all the partners in the working group to address threats to greater sage-grouse and its habitat in the Bi-State area, our biologists have determined that this population no longer needs ESA protection,” said Secretary Jewell. “What’s more, the collaborative, science-based efforts in Nevada and California are proof that we can conserve sagebrush habitat across the West while we encourage sustainable economic development.” Read the complete press release HERE.]]> 11846 0 0 0 https://landreport.com/2015/05/for-sale-560000-acres-of-north-central-florida-timberland/ Mon, 18 May 2015 07:00:08 +0000 https://www.landreport.com/?p=11865 Foley Timber and Land Company announced on April 2 that it is exploring the sale of almost all of its assets, some 876 square miles of premier timberlands located between Tallahassee and Gainesville along Florida’s Gulf Coast. According to The New York Times, the land was once owned by Procter & Gamble, which harvested the trees and processed them at a nearby mill to make pulp for Pampers diapers. The Times reports that the land has a unique distinction for Florida: It has never been hit by a hurricane. In 1994, Procter & Gamble sold the land to an investor group currently led by Chairman Robert Day, the founder of the Trust Company of the West, and President Howard Leach. Minority investors in the partnership include Kenneth Langone Sr., a co-founder of Home Depot, and former Secretary of State Henry Kissinger. “This is an unprecedented opportunity to acquire a premier tract of timberland and related operations in a growing market, supported by a track record of sustainable harvesting, deep customer relationships, and long-standing customer supply agreements,” said Mr. Leach in a statement. Read the company’s press release HERE.]]> 11865 0 0 0 https://landreport.com/2015/05/the-american-sportsman-pine-creek-sporting-club/ Wed, 20 May 2015 07:00:45 +0000 https://www.landreport.com/?p=11874 In addition to its champion sporting clays course, this Central Florida members-only club offers guided quail hunting, Osceola turkey hunting, walk-up pheasant hunting, dedicated dove fields, and wild hog hunts.[/caption]

  The Magazine of the American Landowner continues its quest to highlight the country’s finest sporting communities.

  [caption id="attachment_11878" align="alignright" width="325"] Leave your gear at home. Pine Creek's well-stocked gun room offers everything from Beretta over-and-unders to wingshooting instruction from club pro Steve Middleditch.[/caption] It’s been several years since our first visit to the Pine Creek Sporting Club in the heart of Central Florida. At that time, the effects of the global financial crisis were still reverberating across the U.S. as well as around the world. That did little to deter Pine Creek’s developer, Stephen Myers of U.S. Cable fame. The cable entrepreneur is no newcomer to the great outdoors. In addition to his considerable Florida holdings, Myers also owns the renowned Silver Hilton Steelhead Lodge, which is nestled on the world-renowned Babine River in Northern British Columbia. Whether it be with a rod in his hand or gun to his shoulder, the New Jersey native walks the walk. And that’s how he came across during our discussions in 2010: loud and clear as he articulated his vision for his 2,400-acre Central Florida upland game plantation. His mantra? If you build it right, the right people will come. By right, Myers meant the right balance of rugged and refined, the right blend of authentic sporting lifestyle and casual country living, the right measure of world-class service and Old Florida tradition. In his mind, Pine Creek needed to be a place where the simpler things stand out. And in a stroke of genius, Myers and his team made Pine Creek accessible at a variety of price points and ownership plans. For those who prefer a turnkey situation, fully furnished Florida cracker-style cabins are available starting at $750,000 and rising into the $1 million-plus range. Looking for a larger piece of property? Then consider buying 40 or 50 acres. Tracts of that size start at roughly $1 million. The less costly ones are ready to build. The more expensive ones are move-in ready, including groceries in the fridge. And for those who want to supersize it, there’s a once-in-a-lifetime opportunity available right next door to Pine Creek: the 2,209-acre Castaway Ranch. Currently on the market at $16.8 million, Castaway presents an ideal opportunity for a long-term buyer to develop a big-game plantation or to capitalize on existing upland bird habitat. Better yet, Castaway Ranch also comes with access to the same secret sauce served at Pine Creek: an enticing assortment of services and amenities, including an equestrian barn with plenty of mounts and miles of horseback trails, an outdoor pool and fitness center, and an 11,000-square-foot-lodge that offers fine dining indoors and out, a members’ wine locker, and refreshments at the Covey Bar. “Pine Creek is run like a five-star country club,” reported CNBC’s Robert Frank in a profile that aired March 30. “A lot of the families come to Pine Creek that first time thinking it’s just going to be about the hunting,” says Pine Creek’s Membership Director John Reynolds. Along with Stephen Myers; his son, Steve Myers; golf legends Jack Nicklaus and Nick Price; and NFL great Tucker Frederickson, Reynolds is a founding member of Pine Creek Sporting Club. Reynolds has done more than just watch Pine Creek grow; he has played a major role in shaping it. “Want your refrigerator stocked before you show up? Bringing along a friend who has never shouldered a shotgun and might need a lesson or two? Someone in your crew need a massage after a long travel week? Our 24/7 staff are ready to get it all taken care of — and then some,” Reynolds says. As trivial as those details may seem, they’ve proved to be a key selling point for Pine Creek’s fast-paced membership. What makes Pine Creek even more appealing is its central location: a little over an hour by car from Palm Beach, Naples, or Orlando, and just over two hours from Miami or Tampa. Many members opt to fly their own helicopters to the club’s helipad or land their aircraft at the nearby Okeechobee County Airport. [caption id="attachment_11879" align="aligncenter" width="588"] Pine Creek's architectural standards respect traditional techniques while facilitating innovative design.[/caption] “Our families put a priority on spending time together,” Reynolds says. “They’re not interested in the hassles of a time-consuming commute, and they want to hit the ground running as soon as they arrive. That can be as simple as going out bass fishing or taking a spin on a trail bike right when they arrive. Every Saturday, we have a regularly scheduled shooting competition. Wednesday is clay day. And for those who specialize in indoor sports, our wine tastings are on Friday afternoons. You pick the start time.” The list of on-site activities at Pine Creek is almost endless, from playing bocce or volleyball, getting archery instruction or shooting lessons, bellying up to the Covey Bar, or booking an event in the club’s very own tree house, which was built several stories above the lodge by local artisans using the traditional techniques of the native Seminole. In addition to guided quail, turkey, and wild hog hunts, range facilities include five-stand, sporting clays, rifle and pistol range, trap field, simulated quail flush, and high-tower station. The opportunities for photo safaris are endless, particularly given the more than 400 avian species that flock to Central Florida. [caption id="attachment_11880" align="aligncenter" width="588"] Thanks to neighbors such as Castaway Ranch, thousands of acres of grassy terrain spread out in every direction with sprawling motts of live oaks, sabal palm, and lobolly pine.[/caption] It’s clear that Stephen Myers has achieved his goal of creating memories for himself, his family, and a select group of other like-minded families on a great piece of property, one whose highest and best use just happens to be world-class hunting. Roughly half of Pine Creek’s 2,400 acres is set aside for shooting sports, and that has long- lasting implications. Considerable care is given to managing the wetlands and enhancing the food plots that fan out from the residential portion of the club, which includes 43 cabins, 24 gentleman’s ranches of 40 acres or more, and facilities such as the lodge, the horse barn, and the club offices. Thousands of acres of grassy terrain spread out in every direction with sprawling motts of live oak, sabal palm, and loblolly pine throughout. As with any potential land investment, neighbors are of immense importance. Not surprisingly, Pine Creek boasts patient neighbors whose priorities mimic those of Myers and his fellow members. [caption id="attachment_11881" align="aligncenter" width="650"] A timeless tradition perfected at Pine Creek: the pointing dogs do the finding, and the retrievers do the fetching.[/caption] Reynolds hopes that the next owner of Castaway Ranch shares those same values. “It’s such an amazing piece of property, an ideal long-term hold for the patient investor or a multi-generational family.” A final membership bonus comes courtesy of the Golden Bear’s golf course design team. A state-of-the-art synthetic putting green, involving the design expertise of Nicklaus Design, awaits golfers just steps away from the patio of the ranch-style lodge. Says Jack Nicklaus, “Steve has a great place at Pine Creek.”]]> 11874 0 0 0 https://landreport.com/2015/04/the-land-report-top-ten-spring-2015/ Wed, 15 Apr 2015 07:00:23 +0000 https://www.landreport.com/?p=11895 The Waggoner Ranch tops the nation’s leading land listings by more than half a billion dollars.
  1. Waggoner Ranch (Texas): $725 million Sam Middleton of Chas. S. Middleton and Son is broker of record on this record-setting 510,527-acre listing. Bernard Uechtritz of Briggs Freeman Sotheby’s International Realty is overseeing the international marketing effort. 2. Rancho San Carlos (California): $125 million This 237-acre hilltop estate is perched high above the Pacific in Montecito. Ten residential cottages complement the Reginald Johnson-designed main residence. Suzanne Perkins and Harry Kolb of Sotheby’s International Realty Santa Barbara the listing agents. 3. Pumpkin Key (Florida): $110 million This 26-acre island in the Florida Keys sits between Key Largo and the mainland. Improvements include a main residence, two caretaker’s cottages, a dock master’s apartment, and an office. Accommodations and dockage at Ocean Reef transfer. Russell Post of Russell Post Sotheby’s International has the listing. 4. Homer’s Pond (Massachusetts): $108 million This private retreat is set on 314 acres along the southern shore of Martha’s Vineyard. Available in its entirety or in smaller parcels. Grace Bloodwell and Charles Carlson of South Light Property have the listing. Click here to view the video. 5. Broken O Ranch (Texas): $81 million It’s hard to imagine more than 4,000 acres so close to a major metropolitan area, but that’s exactly the case with the Broken O, which is nestled less than half an hour outside of San Antonio. Listed with The duPerier Texas Land Man. 6. Y.O. Ranch (Texas): $75 million The Y.O. is recognized as a world leader in the management and preservation of exotic game. This iconic 29,000± acre Texas spread has been shepherded by the Schreiner family since 1880. Robert Dullnig of Kuper Sotheby’s International Realty has the listing. 7. Rancho Dos Pueblos (California): $65 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, Rancho Dos Pueblos is one of the largest remaining ranches along the Gaviota Coast. Kerry Mormann & Associates has the listing. Click here to view the video. 8. IX Ranch (Montana): $64.5 million This legacy cattle operation (pictured above) runs a herd of 4,300 on more than 126,000 acres. Five species of upland birds complement huntable populations of elk, mule deer, whitetails, antelope, and mountain lion. Listed with David Johnson at Hall and Hall. Click here to view the video. 9. Rana Creek Ranch (California): $59.95 million Offered for the first time in 30 years, this 14,000-acre working cattle ranch with its own airstrip sits just 20 minutes from Carmel and 40 minutes from Pebble Beach. Suzanne Perkins and Sam Piffero of Sotheby’s International Realty Santa Barbara are the listing agents. Click here to view the video. 10. Crazy French Ranch (Colorado): $59 million Featuring the highest point east to the Atlantic, this Southern Colorado landmark encompasses 40,000 acres that are home to bison, black bear, elk, mule deer, pronghorn, cougar, and turkey. Listed with Henry Field of Field Brokers LLC in Santa Fe.]]> 11895 0 0 0 https://landreport.com/2015/05/lands-best-friend-start-your-puppy-off-on-the-right-paw/ Wed, 27 May 2015 07:00:45 +0000 https://www.landreport.com/?p=11911

  Happiness starts with a routine.

  Regular, gentle training during feeding time and playtime gets a pup off to a quick start. At four months, this German shorthaired pointer already knew her name. If you’ve followed my advice in bringing your pup home, your new puppy should have already settled in. She’s comfortable in her crate and only gets you up once a night for a quick backyard run. She’s wearing a stout, flat D-ring collar. Now what? This is all you need to remember: Dogs crave routine. Clear expectations and good habits make for confident dogs and peaceful homes. At feeding time, place your pup’s bowl on the floor, say her name, and “come.” She’ll be coming to the food anyway, so you might as well establish a connection between command and action. Soon she’ll perk her ears whenever you say her name. Likewise, whenever she runs to greet you, bend to her level, clap your hands, say “come,” and praise her when she follows through. If she ignores you, don’t repeat the command or scold her. Go pick her up, say “come,” in a firm voice, and carry her back to where you initially gave the command. Hold her a few seconds, and release her with a pat. Snap a lead to her collar and get ready: She’s going to throw a fit. Let her have at it. After a minute, put some slack in the lead and call her. Repeat. In no time, she’ll be ready for short walks. Do:
  • Keep things light and fun. Bold puppies grow into classy working dogs.
  • Keep a few kibbles in your shirt pocket. Reward sparingly.
  • Check collar fit every few days.
  Don’t:
  • Give commands you can’t enforce.
  • Swat your puppy.
  • Yell.
  ]]> 11911 0 0 0 https://landreport.com/2015/05/land-report-may-2015-newsletter/ Fri, 15 May 2015 07:00:58 +0000 https://www.landreport.com/?p=11917 Big news this month out of Washington featuring the Interior Department's go-forward with the Greater sage-grouse, which impacts landowners in 10 states. Other headlines in our May newsletter include:
  • Apple Computer's 36,000-acre timberland acquisition
  • Vail Resort's purchase of Australia's largest ski resort
  • Surprising trends in farm ownership
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, Pinterest, and Instagram.]]> 11917 0 0 0 https://landreport.com/2015/06/blm-forest-service-release-plans-for-sage-grouse-habitat/ Tue, 02 Jun 2015 07:00:09 +0000 https://www.landreport.com/?p=11928

  Land management plans to affect public lands in 10 Western states.

  The Bureau of Land Management and the US Forest Service released final environmental reviews for proposed land use plans to conserve greater sage-grouse habitat and support sustainable economic development on portions of public lands across the West. The land management plans, developed in partnership with the states and with input from local partners, will benefit wildlife, outdoor recreation, ranching, and other traditional land uses that rely on a healthy sagebrush landscape. “The West is rapidly changing — with increasingly intense wildfires, invasive species, and development altering the sagebrush landscape and threatening wildlife, ranching, and our outdoor heritage,” says Interior Secretary Sally Jewell. “As land managers of two-thirds of greater sage-grouse habitat, we have a responsibility to take action that ensures a bright future for wildlife and a thriving western economy. Together with conservation efforts from states and private landowners, we are laying an important foundation to save the disappearing sagebrush landscape of the American West.” Read more HERE.]]> 11928 0 0 0 https://landreport.com/2015/06/first-annual-loss-in-corn-belt-since-1986/ Thu, 04 Jun 2015 11:49:39 +0000 https://www.landreport.com/?p=11938

  In spite of record production numbers for corn and soybeans, farmland values in the Seventh Federal Reserve District fell for the first time in more than two decades. – The Editors

  NATIONAL — TREND In 2014, American farmers beat their best. U.S. corn production jumped 2.8 percent over 2013 to an all-time record 14.2 billion bushels. Soybean production skyrocketed 18 percent to a record high of 3.97 billion bushels. Thanks to these bumper crops, downward pressure was placed on crop (and feed) prices. At the end of 2014, corn prices were 14 percent lower than the year before and 45 percent lower than two years before. The same trend applied to soybean prices, which, on average, were 21 percent lower than December 2013 and 28 percent lower than December 2012. MIDWEST — FOCUS According to the Chicago Fed, the Seventh District’s annual decrease of 3 percent in “good” farmland values for 2014 was the first loss since 1986. When adjusted for inflation, the District’s annual decrease was the first since 1992; the streak of increases in real terms reached 21 years before being broken. For a complete copy of the Seventh Federal Reserve District’s AgLetter, go to www.ChicagoFed.org. ]]> 11938 0 0 0 https://landreport.com/2015/06/farmland-bigger-is-better-in-south-dakota/ Tue, 09 Jun 2015 07:00:15 +0000 https://www.landreport.com/?p=11947 Nationwide, 98 percent of farms are family owned; however, the average South Dakota farm is triple the size of the average American farm — and growing larger. Currently, only farms in Montana, New Mexico, and Wyoming exceed South Dakota’s 1,366-acre average. “There are some farms that are incredibly large, and they’re still family operations,” says Alvaro Garcia, professor and director of South Dakota State University’s Agriculture and Natural Resources Program. More than 50 percent of South Dakota farms have sales of less than $100,000 a year. According to South Dakota State University Professor Matthew Elliott, it’s likely that the owners of such operations have a job in town or are farming on the side. Statewide, South Dakota lost 600 farms in the smallest sales class — those selling less than $10,000 a year. “Smaller operations, in order to remain profitable, tend to expand. The big ones also tend to expand,” Garcia says. Overall, half of US farms have sales of less than $10,000 a year. Read more HERE.]]> 11947 0 0 0 https://landreport.com/2015/06/land-report-june-2015-newsletter/ Mon, 15 Jun 2015 07:00:05 +0000 https://www.landreport.com/?p=12008 The Magazine's fifth annual survey of land brokerages nationwide headlines our June Newsletter. More than 100 brokerages participated, a record for The Magazine of the American Landowner. Other top stories include:
  • David Rockefeller's 1,000-acre donation of prime property in Maine
  • The acquisition of California's Carr Ranch by the John Muir Land Trust
  • The listing of the $100 million Sycamore Valley Ranch by Suzanne Perkins
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, Pinterest, and Instagram.]]> 12008 0 0 0 https://landreport.com/2015/04/land-report-2014-legacy-landowners-katharine-armstrong-ben-love/ Wed, 15 Apr 2015 07:00:11 +0000 https://www.landreport.com/?p=12032 The allure of the rugged terrain proved irresistible to a young Ben Love, who spied mountain lion, bear, a smuggler or two, and “maybe a renegade Indian.”[/caption] Photography by Gustav Schmiege III Don’t be fooled by the desolate setting. Although Persimmon Gap Ranch is miles from its nearest neighbor, the amount of scintillating conversation one encounters in the company of our 2014 Legacy Landowners, Katharine Armstrong and Ben Love, rivals anything one might overhear in New York or Washington. [caption id="attachment_12039" align="alignleft" width="166"] The stark beauty of life in the Chihuahuan Desert defies the limited amount of rainfall the region receives.[/caption] Why do Americans venerate property rights to a degree unmatched anywhere else? How much value do private landowners create for their fellow citizens? Care for a little more crawfish etouffee? Topics ricochet and laughter reverberates throughout our stellar luncheon at the ranch’s sturdy headquarters.The fact that it’s the wettest spring in memory heightens the tempo. The Loves bought Persimmon Gap in 1960, and Ben subsequently acquired it from his family. “Twice.” That’s how often he’s seen this much moisture this early in the year. He happily admits to eyeing wildflowers that he’s never seen before. “I don’t even know their names.” Ben says this with a smile on his face. Katharine wears a grin as well. When this couple’s land is happy, they are happy too. It’s contagious. The couple’s personal histories parallel one another to a remarkable degree. Both grew up on Texas cattle ranches: Katharine, 63, on the Armstrong Ranch in South Texas, and Ben, 70, along the Llano River on part of the Fitzsimons Ranch. Each has earned national renown: Katharine as a board member of the Texas Parks and Wildlife Department and later as the first woman to serve as its chairman, and Ben as a real estate attorney whose client list reads directly from The Land Report 100. [caption id="attachment_12035" align="alignright" width="325"] Home on the range gets an authentic upgrade at Persimmon Gap Ranch.[/caption] In addition to real estate, his legal expertise includes oil and gas, agriculture, natural resources, and property rights. He has been a Texas and Southwestern Cattle Raisers Association director since 1977, which is when he befriended Katharine’s father, Tobin Armstrong. “My father would come home from Cattle Raisers meetings singing Ben’s praises. But he was married, and so was I. Funny how it only took a couple of decades for things to work out the right way,” Katharine says. It was while he was attending Texas Tech that Ben ended up migrating from the Texas Hill Country to the Trans-Pecos. “In the late 1950s and early 1960s, my family was sending 2,000 to 2,500 yearlings to South Dakota every May, and they’d come out in October. We ran a full-time cow/calf operation at Llano. We ran about 500 mama cows in Dakota year-round. We were leasing ranches in Mason, Menard, and Llano counties to warehouse all of them. That’s a lot of cattle. You’ve got to have a lot of places to put them. There are not many places where you can park 2,000 to 2,500 head of steers for several months. It took a long time to assemble them. We started receiving those cattle about the end of January, buying big-framed, lightweight steers out of Mexico. We were getting them at Presidio [100 miles west of Persimmon Gap Ranch] through a broker. Man, there was a lot of freight involved. Coincidentally we stumbled onto this place. It fit the steer program perfectly, and my family bought it in 1960,” Ben says. “As remote and wild as this country is today, what was it like back then?” My question elicits a long laugh from Ben. “It was the biggest, wildest thing I’d ever seen, with mountain lions, bears, smugglers, and maybe a renegade Indian left over here and there. I couldn’t get enough of it. This highway had been paved for about six months when we came here. You could break down on it, and you might be there for two days before somebody ever came along,” he says. Then why buy it? [caption id="attachment_12036" align="aligncenter" width="588"] Geologists from around the world journey to the westernmost part of the Lone Star State to study the Marathon Uplift, a standout feature visible from the Persimmon Gap Ranch.[/caption] “Because it was available, it was cheap, and it was an ideal place to warehouse steers heading to Dakota. Nobody in my family really had any affection for this ranch but me. I was the only one in my family who really fell in love with this place. It took me about 20 years to buy and trade and acquire the whole thing from my family. This is home to me and has been. I took care of it when I was going to school at Texas Tech. I was down here nearly every weekend if I wasn’t playing polo somewhere.” By comparison, Katharine grew up on a legendary landmark. She knows it now, but she didn’t realize it then. “I think I was a little bit provincial as a child. I had very sophisticated parents. We were not provincial in the sense that we didn’t see the world. We certainly did. I think I was provincial in my attitude of how things were being done and taken care of. I lived in this incredible situation in South Texas where it’s, as they call it, the last great habitat. The reason it’s the last great habitat is because it’s privately owned, privately managed, privately funded. I never thought of it that way until I started thinking about these things in policy terms. That forces you to think about not just your situation but everybody’s situation,” she says. That approach is evident on her husband’s ranch. “This ranch doesn’t have cattle, but Ben keeps all the waters going. He is so religious about stuff that benefits wildlife. There’s no economic return for doing that. He does it because he loves this place, he loves wildlife, and it’s the right thing to do.” “Imagine if this ranch were a state park or a federal park,” Katharine continues. “Imagine what it would cost taxpayers in full-time employees and all that sort of thing. This is a wildlife preserve that is virtually no cost to the taxpayers, and Texans do that all over this damn state.” [caption id="attachment_12037" align="alignleft" width="300"] Katharine Armstrong’s friendship with Laura Bush dates back to an October 1977 polo match at the Armstrong Ranch that featured her father, Tobin (above left), Prince Charles (above right), Norman Brinker, Will Farish, Steve Gose, Bobby Beveridge, and John and Charles Armstrong.[/caption] Katharine’s latest venture, Taking Care of Texas, is a project devised by her good friend Laura Bush. The two first met on Armstrong in 1977 when Laura’s fiancé, George W. Bush, brought his bride-to-be for a polo match. “Katharine and I work together on our new non-profit, Taking Care of Texas,” Laura says in a video tribute to her friend that aired the night Katharine was awarded the 2015 T. Boone Pickens Lifetime Sportsman Award by Park Cities Quail in Dallas. “Her dedication to conservation comes from the heart, and her efforts are informed by a lifetime of ranch and hunting experience in South and West Texas. Her work has built a statewide legacy that will benefit Texans for many generations.” “Having shot quail with Katharine, I can attest to the fact that she is an incredible wingshot,” says Laura’s husband, the 43rd President of the United States. A guest at the Armstrong Ranch and at Persimmon Gap, President Bush has witnessed Katharine’s talents firsthand. “She has a sharp eye, cracks great jokes, and she’s a lot of fun.” Katharine’s sporting heritage dates back to her childhood on Armstrong. “When I was a little girl, I was just very competitive. So was my mother. She would never let being a girl stop her from doing anything. Anyway, I was about eight or nine, and I went to my mother, and I said, ‘Mommy, I want to go shoot a buck.’ And the way we did it back then, the first buck you ever shot, you would get your .222 – it was my mother’s .222 rifle; I still remember that gun so well – you would take the gun and you would walk by yourself into this giant live oak mott on the north side of the headquarters. You just walked out there by yourself and you went and found a deer and you shot it and you marked it,” she says. “Then you would go get your father or a cowboy, and you would walk back out there and clean your deer with their help. My brother, Barclay, had done it the year before,” she recalls. “‘Katharine, you can’t do that.’ Mother said.” “‘Well, why not?’ I asked.” “‘Well, you’re not old enough,’ Mother said.” “‘Well, Barclay did it. Barclay got to do it, Mommy.’ I had a Mexican accent. ‘Mami, it’s not fair. Barclay did it. How come I can’t?’” She said, “Well, Katharine, you’re a girl.” “I looked at her like really?” “‘No, you’re right. You can do it,’ she said.” [caption id="attachment_12038" align="aligncenter" width="588"] Although the couple has traveled near and far, they are most at home on their ranches, especially at hunting camp with family and friends.[/caption] “So I went out and shot my first deer that way. If you think about it, with kids today, you can’t ride your bike one block without wearing a helmet, elbow pads, and knee pads, and your mother hanging on. I got to go walk out on my own with a loaded gun, shoot an animal, and do it responsibly at the age of eight or nine. That tells you a lot about how you go through life. My brother did it. My sister did it. Everybody did it. Too bad that’s being lost.”]]> 12032 0 0 0 https://landreport.com/2015/06/land-report-2014-deal-of-the-year-powderhorn-ranch/ Mon, 15 Jun 2015 00:00:10 +0000 https://www.landreport.com/?p=11919 Smith points out that more than 200,000 acres along the Texas Gulf Coast have been developed. “It’s one of the last of the best of the best, and about as special a place as you’re going to find on the Texas coast. It’s also going to be one of those great conservation case studies as it illustrates the lessons of persistence and perseverance,” he says. In addition to its proximity to a national wildlife refuge, the ranch is located just a stone’s throw from the 19th-century ghost town of Indianola. “Powderhorn Ranch is the hole of the doughnut of many, many decades of conservation work in and around Matagorda Bay and the Aransas National Wildlife Refuge complex,” Smith says. “The place is literally teeming with fish and wildlife. And if you like to wadefish or canoe or kayak to catch a tailing redfish, or catch a trout or flounder, the bays and back bayous and marshes are going to be the places for you. If you like to hunt, the game there is just simply extraordinary — from deer to ducks and doves and bobwhite quail,” he says. [caption id="attachment_11923" align="alignright" width="300"] Powderhorn Ranch features more than 11 miles of tidal bayfront on Matagorda Bay.[/caption] At $37.7 million, Powderhorn Ranch represents the largest amount ever raised for a conservation land purchase in the history of the Lone Star State. In the years to come, the Powderhorn will evolve into a state park as well as a wildlife management area. According to Texas Parks and Wildlife, the lion’s share of the funding came from the National Fish and Wildlife Foundation’s Gulf Environmental Benefit Fund, which was established when a U.S. District Court approved plea agreements resolving criminal cases against BP and Transocean that arose from the Deepwater Horizon explosion and oil spill in 2010. The agreements direct $2.544 billion to the National Fish and Wildlife Foundation (NFWF) to fund projects benefiting natural resources of the Gulf Coast impacted by the spill. To date, the Gulf Environmental Benefit Fund has supported 50 projects worth nearly $390 million. The $34.5 million that NFWF committed to fund the Powderhorn purchase is the largest land acquisition to date. The Conservation Fund and The Nature Conservancy of Texas each provided $10 million in interim funding and were instrumental in pulling the deal together. The Texas Parks and Wildlife Foundation will take title in 2016 and ultimately turn it over to the state. [caption id="attachment_11924" align="alignleft" width="300"] This live oak thicket is typical of the wildness flourishing on Powderhorn Ranch.[/caption] “It’s also illustrative, too, of the proverbial lemonade that can be made out of lemons,” Smith says. “Deepwater Horizon was an incident that nobody wanted to see happen, and everybody wished could be taken back. But at the end of the day, as fiduciaries of the Gulf Coast, we have a responsibility to put the dollars coming out of the settlements from that incident to the best conservation use and application. The Powderhorn is by far one of the most iconic. Just as important, it is going to be one of the signature achievements of all of the important conservation that’s going to emanate from that incident.” More than a decade has passed since James King of King Land & Water caught wind of the immense conservation opportunity afforded by the Powderhorn Ranch. At the time, the Texas A&M graduate was employed by The Nature Conservancy. One of his colleagues there was Carter Smith, who would serve as state director of The Nature Conservancy of Texas before being appointed as the executive director of the Texas Parks and Wildlife Department in January 2008. “In 2001, a broker sent me a marketing package, which I still have,” King says. “There were several starts and stops. In the conservation business there needs to be an alignment of will to buy and manage with funding. I left The Nature Conservancy in 2008 and carried the Powderhorn project with me. I worked till 2014 to build a set of partners that created that alignment. So many meetings, so many conversations, and so many partners finally made it happen. Carter carried the ball over the goal line.” [caption id="attachment_11925" align="alignright" width="300"] Increasingly rare and enormously valuable, coastal holdings such as Powderhorn Ranch are a haven for game, upland birds, and waterfowl, an attribute that makes the 17,351-acre tract even more appealing as a state wildlife management area.[/caption] Increasingly rare and enormously valuable, coastal holdings such as Powderhorn Ranch are a haven for game, upland birds, and waterfowl, an attribute that makes the 17,351-acre tract even more appealing as a state wildlife management area. Says King, “I must say in my 30 years in the conservation real estate business, I have never seen a landowner more patient and generous as Brad Kelley. From our first face to face meeting in Nashville in 2008 through the various plans that were developed, Brad never blinked. He was always open to our ever-changing series of new ideas. In the end it came down to Brad; his attorney, Greg Betterton; and his ranch manager on Powderhorn, James Brown, who ran the ranch day by day with an amazing balance of conservation and production. They are the real heroes in this story.” The Texas Parks & Wildlife Foundation is still seeking donations to help fund the Powderhorn Ranch acquisition, which is part of a statewide fundraising campaign called “Keeping it Wild: The Campaign for Texas.” More information on this effort is available online at www.tpwf.org.]]> 11919 0 0 0 https://landreport.com/2015/06/land-report-2014-timberland-deal-of-the-year-st-joe-timberlands/ Mon, 15 Jun 2015 07:00:17 +0000 https://www.landreport.com/?p=11943 In March 2014, Florida’s St. Joe Company announced the $562 million sale of almost 600 square miles of nonstrategic timberland and rural land in Northwest Florida to subsidiaries of Utah-based AgReserves Inc. The terms of the blockbuster transaction included $200 million in the form of a timber note. The 380,000 acres included the majority of St. Joe’s timberlands in the following Florida counties: Bay, Calhoun, Franklin, Gadsden, Gulf, Jefferson, Leon, Liberty, and Wakulla. Once Florida’s largest landowner, St. Joe now owns 185,000 acres of land primarily in Northwest Florida. The company expects to continue its forestry operations on a limited basis. “The net proceeds from this sale will provide us significant liquidity and numerous opportunities to create long-term value for our shareholders,” said Park Brady, St. Joe’s CEO at the time of the sale. AgReserves assumed existing agreements and contracts on the purchased timberlands. The company intends to maintain timber and agricultural uses of the lands. “Now that the deal’s done, we are looking forward to getting on the property, getting to work, and becoming part of the local communities in the Panhandle,” said Paul Genho, AgReserves chairman at the time of the sale. “We also appreciate the professional way that St. Joe conducted themselves throughout the acquisition process and thank them and those who assisted in this transaction.” TAP Advisors acted as financial advisor to St. Joe with Sullivan & Cromwell and Greenberg Traurig as legal counsel. Dean Saunders and Jack Vogel of Coldwell Banker Commercial Saunders Real Estate acted as an advisor to AgReserves with Foley & Lardner and Kirton McConkie as legal counsel.]]> 11943 0 0 0 https://landreport.com/2015/06/land-report-2014-agriculture-deal-of-the-year-proventus-portfolio/ Mon, 15 Jun 2015 07:00:46 +0000 https://www.landreport.com/?p=11960 The multistate Proventus Portfolio totaling 13,450 acres in the Midwest, Delta, Southwest, and Rocky Mountains sold for more than $46 million. The massive sale required four days of auctions by Schrader Real Estate and Auction Company. “We had good results on all four days,” said R.D. Schrader, president of the auction company. “Our sellers were extremely pleased, and I think these sales demonstrated the continuing strength of the market over a broad geographic range. Each auction had a capacity crowd with strong competition.” The four-day event began on Monday, October 20, with the auctions of two farms totaling 655 acres in Illinois for $7,650,000. Two days later, an auction of some 4,783 acres of cropland in Arkansas, Louisiana, and Mississippi generated $16,993,200. Two days later, two farms in the Texas Panhandle totaling 6,054 acres sold for $15,045,000. The final auction, of 1,958 acres in Colorado, grossed $6,630,000. “Bidders are seeking to balance lower commodity prices with the substantial amounts of capital that buyers are seeking to invest. There’s no question that lower commodity prices are a factor in the marketplace. On the other hand, with interest rates near all-time lows and the stock market showing extreme volatility, there are still few investments that can match farmland for stability and long-term returns,” said Schrader. “Farmers were active in every auction, but when it came to entering the last bid, it was investors purchasing much of this land. This runs counter to the trend we’ve seen recently of farmers buying most of the farmland at auction, but investors have been very aggressive,” said Schrader.
  ]]> 11960 0 0 0 https://landreport.com/2015/06/governor-petitioned-re-wolves-on-ted-turners-ladder-ranch/ Tue, 16 Jun 2015 07:00:05 +0000 https://www.landreport.com/?p=11965 In May, the New Mexico Game Commission voted to deny a permit that would have allowed the 157,000-acre ranch to continue as a refuge for the Mexican wolf, a federally protected subspecies of the gray wolf. In response, 46 conservation groups petitioned Governor Susana Martinez and requested that she intervene to restore the permit. “We find it odd and inappropriate for state government to interfere with philanthropic activities conducted responsibly by a private landowner on private lands to offset expenses that otherwise would be borne by taxpayers,” the letter says. Since 1998, the Ladder Ranch has maintained pens that can hold as many as 25 wolves. Read more HERE.]]> 11965 0 0 0 https://landreport.com/2015/06/land-report-2014-historic-deal-of-the-year-caribou-ranch/ Mon, 15 Jun 2015 07:00:33 +0000 https://www.landreport.com/?p=11968 Boulder County’s Van Vleet Ranch was the site of Colorado’s first Arabian horse-breeding operation (above) as well as numerous movie productions, including a 1966 remake of Stagecoach starring Ann-Margaret. Then Jim Guercio bought it and created Caribou Ranch.[/caption] By Russell Graves From 1971 to 2014, Jim Guercio owned Colorado’s Caribou Ranch. During his stewardship, a Who’s Who in rock and roll journeyed to his Rocky Mountains retreat to sing their songs. Disenchanted with the creative confines of working in New York and Los Angeles, Guercio paid $11 million for the scenic tract, which included more than 4,000 acres in the foothills west of Boulder between the Indian Peaks Wilderness Area and Nederland. He quickly moved to convert the horse farm and an adjoining property into a recording studio where artists could focus on making music. [caption id="attachment_11971" align="alignright" width="300"] In 1971, Jim Guercio paid $11 million for the 4,000-acre property and made music history by creating a destination recording studio that hosted, among others, Johnny Cash, Carole King, and Elton John.[/caption] Nowadays, Guercio and his high-country studio enjoy legendary renown in the music industry. This acclaim dates back to Joe Walsh. In the early 1970s, “Average Joe” had already made a name for himself as a raucous member of the James Gang. (Hooking up with Don Henley and Glenn Frey’s band, the Eagles, was years away.) In 1972, Walsh approached Guercio about recording an album in his new old barn. The title? Barnstorm. Walsh also chose Caribou to record his next album, The Smoker You Drink, The Player You Get. The first single from that effort was the Top 40 hit “Rocky Mountain Way.” Word spread quickly, and it didn’t take long for Caribou to become a bona fide hit factory. Over the course of the next decade, Caribou Ranch was responsible for producing 18 Grammys, 20 Number One hits, 45 Top Ten albums, and more than 100 million album sales. The roster of acts who recorded or had albums mixed at Caribou reads like roll call at the Rock and Roll Hall of Fame: America, The Beach Boys, Johnny Cash, Chicago, Elton John, Carole King, Kris Kristofferson, Michael Jackson, John Lennon, Jerry Lee Lewis, Tom Petty, Stephen Stills, U2, Frank Zappa, and scores of others. Elton John named his eighth album, Caribou, in honor of the studio. He returned to record his next album and in the process laid down the vocals for “Lucy in the Sky with Diamonds,” “Someone Saved My Life Tonight,” and “Philadelphia Freedom.” Dick Clark filmed a few network specials from the ranch. In 1985, however, the studio was knocked out of commission by a fire. Not a single track was subsequently recorded. Guercio turned his attention to other ventures such as ranching, oil exploration, and commercial real estate development. [caption id="attachment_11972" align="aligncenter" width="588"] In the late 1960s, Guercio began producing a band out of Chicago that was originally known as The Big Thing. The group later changed its name to The Chicago Transit Authority. When the Chicago Transit Authority threatened legal action, the band changed its name to Chicago. In these shots, Chicago is shown recording a TV special at Caribou Ranch.[/caption] Originally, Caribou Ranch numbered more than 4,000 acres. The City of Boulder and Boulder County purchased 2,600 acres for a park and open space with conservation easements in place. In 2013, Guercio listed the remainder for $45 million. “Caribou Ranch is a unique and special property because of its tremendous natural beauty, its close proximity to Boulder and Denver, and its incredible rock and roll history,” says listing broker Tim Casey of Mountain Marketing Associates. The property is a true jewel. It lies 8,500 feet above sea level in a quintessential Rocky Mountain valley dotted with mature aspen and pine. Creeks provide year-round live water. “When Mountain Marketing listed the property, we were aware of the cultural significance of the Caribou Ranch as a creative refuge for the greatest songwriters and performers of their generation and also its significance as a sizable undeveloped natural habitat very close to a metropolitan area,” says Casey. Structures on the property include an owner’s home, several guest cabins, a lodge, riding pens, a barn, and equipment buildings. The property has significant development potential. [caption id="attachment_11973" align="alignleft" width="300"] Jim Guercio started with Dick Clark in 1962, toured with Chuck Berry, Bobby Darin, Brian Hyland, Gene Pitney, and Del Shannon. He was an original guitarist with Frank Zappa and The Mothers of Invention and composed and produced hits for Chad & Jeremy and the Buckinghams. The year before acquiring Caribou Ranch, he won a Grammy for Album of the Year as the producer of Blood, Sweat & Tears.[/caption] “Our hope was to find a buyer who would appreciate the musical magic and history made at the ranch, and have a desire to preserve the land in a natural state,” Casey says. Caribou Ranch lasted less than a year on the market until an entity named Indian Peaks Holdings LLC paid $32.5 million to acquire it. The Guercios kept a 40-acre portion for reunions and future events as well as retaining the rights to the ranch’s name and brand. As described by Mountain Marketing Associates, the new owners have rights on the 1,600 acres to include the potential for 19 single-family dwellings ranging from 2,000 to 10,000 square feet, a 5,000-square-foot fishing lodge or clubhouse, a 12-stall horse barn, two 1,250-squarefoot cabins, and a 3,372-squarefoot caretaker's unit. According to Boulder’s Daily Camera, “The principal office of Indian Peaks Holdings listed in the company’s registration documents with the Colorado Secretary of State’s office shares a Bentonville, Arkansas, address with Walton Enterprises and several other businesses, nonprofits, and organizations connected to the Walton family.” It’s reported that the new owners wish to leave the ranch undeveloped.

  Caribou Ranch | Colorado

  Seller: Caribou Ranch LLC

  Seller’s Agent: Tim Casey, Mountain Marketing Associates

  Buyer: Indian Peaks Holdings LLC

  Buyer’s Agent: Jeff Hubbard, Mirr Ranch Group

  Text by Russell Graves Photography © Daily Camera]]> 11968 0 0 0 https://landreport.com/2015/06/sold-apple-buys-36000-acres-to-produce-eco-friendly-packaging/ Mon, 22 Jun 2015 07:00:01 +0000 https://www.landreport.com/?p=11978 Apple partnered with The Conservation Fund to purchase 36,000 acres of forestland in Maine and North Carolina, which will be used to sustainably harvest materials that can be used for paper and packaging. “Apple believes that paper, like energy, can be a renewable resource,” writes Lisa Jackson, Apple’s head of environmental initiatives, and Larry Selzer, CEO of The Conservation Fund, in a joint statement released on Medium in April. “So Apple is striving to supply 100 percent of the virgin fibers used in its paper and packaging from sustainably managed forests or controlled wood sources.” Apple has long focused on such stewardship initiatives. The company recently announced that all US facilities and operations were powered by 100 percent renewable energy. The Conservation Fund has developed an entirely new, private sector-based approach to conserving forests that relies on corporate and charitable funds to purchase and manage forestlands. Read more HERE. Photo Credit: EcoPhotography]]> 11978 0 0 0 https://landreport.com/2015/06/colorado-based-vail-resorts-acquires-australias-largest-ski-resort/ Tue, 23 Jun 2015 07:00:45 +0000 https://www.landreport.com/?p=11982 Colorado-based Vail Resorts recently announced the purchase of the 3,000-acre Perisher Ski Resort, the Southern Hemisphere’s largest mountain resort. Located in Kosciuszko National Park (New South Wales), the resort includes Perisher Valley, Smiggin Holes, Blue Cow, and Guthega, along with ski school, lodging, food and beverage, retail/rental, and transportation operations. “The acquisition of our first international mountain resort is a significant milestone for our company. We’re thrilled to welcome the guests and employees of Perisher, Australia’s largest and most iconic resort, into the Vail Resorts family and deepen ties with one of our most important international markets,” says Rob Katz, CEO of Vail Resorts. With nearly 1 million Australians traveling to the U.S to ski on an annual basis, the company will position Perisher as a conduit to the different ski resorts in its portfolio. Read more HERE.]]> 11982 0 0 0 https://landreport.com/2015/06/land-report-2014-ranchland-deal-of-the-year-rockpile-ranch/ Mon, 15 Jun 2015 07:00:47 +0000 https://www.landreport.com/?p=11986 The formations that give the ranch its name lie scattered beneath the crest of the Davis Mountains.[/caption] Text by Katy Richardson | Photography by Laurence Parent Drive toward the Davis Mountains in Far West Texas, and you’ll be treated to some of the most jaw-dropping scenery in the Lone Star State. Some of the best views are along the Scenic Loop, which shows up on maps as Highway 166. That’s the picturesque stretch from which you can see the iconic Rockpile Ranch, which has been owned by just three families since Texas was settled. Only three, that is, until just recently. After an extensive search by its then owners, the McCoy-Remme family of San Marcos, James King of King Land & Water was charged with marketing the ranch in 2010. After four years, the historic Texas holding sold to its next steward, the J.L. Davis family. At 55,704 acres, the Rockpile is rich in history and habitats, making it a remarkable property on a grand scale. Located west and north of the University of Texas McDonald Observatory, the ranch is situated in one of the few ecological sky islands of Texas and the Chihuahuan Desert. The flora and fauna that thrive in its varied ecosystems are rare and remarkable. With elevations ranging from 4,500 to 6,907 feet, the Rockpile features micro-climes that vary across the ranch. The fact that this historic holding lies on the edge of two critical North American migratory avian flyways enhances its biodiversity. Thanks to years of excellent stewardship by the McCoy-Remme family, which ranked No. 55 on the 2014 Land Report 100 (see “Emmett McCoy,” The Land Report Summer 2012), the Rockpile has retained its rich grassland landscape. “It honestly looks like a movie set because it really hasn’t been developed beyond straight cattle country. They did such a good job with range management,” says Michael Davis of the Davis family, who acquired the ranch in 2014. Over the last two decades, the McCoy-Remme family carefully managed the diverse forage of gramma and bluestem pastures and grazing lands using a structured forage assessment and grazing management system that resulted in exceptional rangeland health and species diversity. With some of the best cow-calf rangeland in Far West Texas, the Rockpile has a well-positioned water distribution system that includes solar-driven wells. [caption id="attachment_11990" align="aligncenter" width="588"] At 7,686 feet above sea level, Sawtooth Mountain is one of the many stunning vistas visible from the Rockpile Ranch.[/caption] In addition to its singular environmental and wildlife qualities, the Rockpile is awash in history. Named for the massive geologic formations located at the entrance to the ranch, it was once part of the legendary X Ranch that spanned 380,000 acres. The ranch also features views of Sawtooth Mountain (pictured above), a rugged series of spires jutting hundreds of feet above grassy pastures. Both Sawtooth Mountain and the rockpile formations have drawn humans for millennia. Remnants of pre-Columbian habitation, such as mortars used for grinding grain, have been found in numerous locales on the ranch. These singular attributes make the Rockpile a standout property and necessitated a particular breed of agent. “We conducted a wide-ranging national search for the best broker to represent the McCoy-Remme family in this sale, inviting the finalists to travel the ranch with the owners. It was during that ride with James King that we realized his genuine appreciation for the range management that had allowed cowboys to maintain the herds during our low-moisture periods while discussing how he would highlight the value of the topography and the unique flora of the ranch. We never expected to find the best broker right there in Fort Davis,” says John Meeks of McCoy Corporation. “The Rockpile Ranch fits into a larger conservation landscape of private landowners who want to keep sizable ranches from being subdivided,” says King. “With patience and hard work by all, the ranch is now in the hands of the next generation of owners, and they have already begun the work of continuing to improve the wildlife and grazing resources that they inherited from years of outstanding management by the McCoy-Remme families.” Adds Brian McCoy, “With our desire to keep the Rockpile intact, we were very excited to sell to the Davis family – an ideal owner. The Rockpile is such a beautiful ranch, especially if it gets a little rain. My brother-in-law, Kaare Remme, co-owner and managing partner of McCoy-Remme Ranches, works hard to maintain excellent range conditions on all of our family properties.” The Davis Mountains receive more rain than most expect. “If you see it after the rains, it turns into Ireland,” says Michael Davis, who also credits James King with helping bring the deal to fruition. “I think he was instrumental.” And because the right seller and the right buyer connected, the Rockpile remains much as it was in the 1800s: a true Texas working cattle ranch. “It’s where cowboys come to work, still roping and dragging. Nothing has changed much in this vast mix of grasslands, mountains, cows, and wildlife,” says King. “I’m honored to be part of the changing ownership and the legacy of the families at Rockpile Ranch and their commitment to the Davis Mountains.”

  Rockpile Ranch | Texas

  Seller: McCoy-Remme Ranches

  Listing Agent: James King, King Land & Water

  Buyer: Davis Rockpile Ranch, LLC

  Buyer’s Agent: James King, King Land & Water

  ]]> 11986 0 0 0 https://landreport.com/2015/06/rockefeller-scion-celebrates-100th-birthday-with-1000-acre-donation/ Tue, 30 Jun 2015 07:00:09 +0000 https://www.landreport.com/?p=12012 David Rockefeller is celebrating his centennial by donating 1,000 acres of fields, streams, and freshwater ponds in Maine to the Mount Desert Island & Garden Preserve. “This magnificent state and its wonderful residents have been such an integral part of my family’s history. It is my hope that the public should forever benefit from this beloved tract of land,” Rockefeller said in a statement. The property abuts 47,000-acre Acadia National Park, which includes over 30,000 acres on Mount Desert Island. “It’s really a spectacular tract in every way. Its size and natural diversity make it so important to so many people on Mount Desert Island,” said David MacDonald, president and CEO of the Friends of Acadia. Thanks to a conservation agreement with the Mount Desert Island & Garden Preserve, this property will never be developed and will remain open to public access for outdoor recreation such as horseback riding, hiking, and more. Read more HERE. Photo Credit: Jennifer Mitchell MPBN ]]> 12012 0 0 0 https://landreport.com/2015/07/job-growth-in-agriculture-sector-outpaces-graduates/ Mon, 06 Jul 2015 11:42:05 +0000 https://www.landreport.com/?p=12025 Each year an average of 57,900 job openings are created in agriculture and renewable natural resources, yet only 35,400 college degrees in agricultural-related fields are awarded in the U.S. This leaves a shortfall of 22,500 positions. According to the USDA, nearly half of upcoming job opportunities in the next five years will be in business and in management. Some 27 percent or 15,500 openings will be in science, technology, mathematics, and engineering. Another 12 percent of employment opportunities will be in educational and governmental fields. Jobs in biomaterial production and sustainable food will make up 15 percent. “Public and land-grant universities have been anticipating this growing need and are well-positioned to educate and prepare the next generation of leaders in these fields for expected jobs in everything from e-commerce managers, to watershed scientists, to crop management consultants, to urban foresters,” says Peter McPherson. Read more HERE.]]> 12025 0 0 0 https://landreport.com/2015/07/sold-john-muir-trust-announces-600-acre-purchase-of-private-grazing-land/ Mon, 13 Jul 2015 07:00:37 +0000 https://www.landreport.com/?p=12042 The acquisition of the private grazing land outside of Berkeley and Oakland will ensure preservation, education, and public access to the Carr Ranch. Some grazing will continue after the purchase; the property will also be open to the public for hiking, horseback riding, and more. From the ranch’s rolling hills, the San Francisco Bay Area is visible to the south and Suisun Bay to the north. This swath of Northern California contains oaks, grasslands, three ponds, and natural springs. “The purchase is of regional significance,” says Linus Eukel, executive director of the John Muir Land Trust. “This is about protecting water at its source.” The John Muir Trust currently owns 2,500 acres between Martinez and Hercules. The 600 acres will be the trust’s largest purchase to date. The trust, inspired by the Scots-born founder of the modern conservation movement, is dedicated to protecting and preserving wildlife. Read more HERE. Photo Credit: Aric Crabb/Bay Area News Group]]> 12042 0 0 0 https://landreport.com/2015/07/land-report-july-2015-newsletter/ Wed, 15 Jul 2015 07:00:13 +0000 https://www.landreport.com/?p=12065 Plenty of bold-faced headlines in our July newsletter, including the designation of three new national monuments and a key lawsuit against the U.S. Forest Service. Other items include:
  • The Nature Conservancy's acquisition of Colorado's JE Canyon for $21 million;
  • The $29.5 million listing of Villa Santa Lucia in Santa Barbara County;
  • The upcoming auction of Richard Fuld's Sun Valley estate (est. $30-$50 million);
  • The $1.3 million sale of Greenwood Plantation's historic antebellum main house.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, Pinterest, and Instagram.]]> 12065 0 0 0 https://landreport.com/2015/07/neverland-for-sale/ Mon, 20 Jul 2015 07:00:13 +0000 https://www.landreport.com/?p=12068 The 2,698-acre Central California landmark, which was previously owned by Michael Jackson, comes to market for $100 million. Located five miles north of Los Olivos, the property features extensive improvements including a four-acre lake, meticulous gardens, and a 12,598-square-foot Robert Altevers-designed main residence with six bedrooms and seven baths. Additional structures on the property include three separate guest homes, a 5,500-square-foot movie theater, several barns, corrals, and a maintenance shop. Jackson bought the ranch near in 1988 for approximately $18 million. Originally part of the Rancho La Laguna, a 48,000-acre Mexican land grant, the ranch slopes down from Lookout Mountain and Zaca Ridge to Alamo Pintado Creek. The Ranch was acquired in 1977 from the estate of one of the founders of Crocker National Bank. It is situated in the heart of Santa Ynez wine country close to Firestone Vineyard, Fess Parker, and Qupe. Suzanne Perkins of Sotheby’s International Realty Santa Barbara has the listing.]]> 12068 0 0 0 https://landreport.com/2015/07/investing-oklahoma-shines-bucks-trend/ Tue, 21 Jul 2015 07:00:57 +0000 https://www.landreport.com/?p=12071 Cropland values trailed falling commodity markets, but cattle are fetching record prices. So did ranchland values, which jumped almost seven percent in the Tenth District.[/caption] Using responses from 218 banks, the Kansas City Fed presented its survey of Agricultural Credit Conditions covering the first quarter of 2015. A selection of observations by some of these bankers follows: “Livestock producers have seen improvement in net income due to cheap feed and higher cattle prices.” – Southeast Colorado “The drought still has an impact on our farmers and ranchers.” – South Central Oklahoma “The drought in our area will force producers to rely on insurance proceeds to fund the operation.” – North Central Kansas “More than half of our customers’ cash flow projections show a loss in 2015.” – Northeast Nebraska “Very few land sales lately.” – Northeast Nebraska “Loan demand is higher due to low commodity prices. If corn prices rise to $4 per bushel or higher, loans will be repaid.” – Western Nebraska Read the complete report at www.KansasCityFed.org. ]]> 12071 0 0 0 https://landreport.com/2015/07/president-establishes-three-new-national-monuments/ Fri, 24 Jul 2015 07:00:46 +0000 https://www.landreport.com/?p=12078 President Obama established three national monuments using authority granted to our nation’s chief executive under the Antiquities Act: Basin and Range National Monument in Nevada, Berryessa Snow Mountain National Monument in California, and Waco Mammoth National Monument in Texas. Since 1906, 16 presidents have used the Antiquities Act to protect unique natural and historic features, such as the Grand Canyon and the Statue of Liberty. President Theodore Roosevelt used it first to designate Devils Tower National Monument in Wyoming. With these three new designations, President Obama will have relied on the Antiquities Act to establish or expand 19 national monuments. Read more HERE.]]> 12078 0 0 0 https://landreport.com/2015/07/on-the-block-idahos-big-wood-river-estate/ Mon, 27 Jul 2015 07:00:26 +0000 https://www.landreport.com/?p=12081

  Sun Valley Estate of former Lehman Brothers CEO goes to auction.

  Richard Fuld’s 71-acre Big Wood River Estate will be offered at auction on August 19 by Concierge Auctions. Originally marketed for $59.5 million, it is expected to fetch between $30 million and $50 million, according to The Wall Street Journal. Situated at the foot of Bald Mountain, the property includes a 9,200-square-foot main house, guest quarters, and a gatehouse. All three rock-and-timber structures were designed by Alan Wanzenberg. The estate also enjoys 2,100 feet of Big Wood River frontage. Big Wood River Estate sits minutes from Sun Valley and Ketchum, and has convenient airport access. “This is ideal for someone who likes privacy and seclusion,” said Laura Brady, president of Concierge Auctions. Read more HERE.]]> 12081 0 0 0 https://landreport.com/2015/07/sold-new-mexicos-great-western-ranch/ Thu, 30 Jul 2015 07:00:39 +0000 https://www.landreport.com/?p=12093 One of the most iconic properties to come to market in the last decade, the Great Western is a world unto itself: 53 miles east to west and 26 miles north to south. All told, the Great Western encompasses 176,805 deeded acres and 115,974 acres of state and federal leases, a total of 292,779 acres. That’s more than one-third the size of Rhode Island. Says Listing Broker Jeff Buerger of Hall and Hall, “The value of this particular ranch is directly tied to its rarity. Great Western Ranch is multi-dimensional in nature. It possesses and/or offers a viable livestock operation, significant hunting income, and sustainable wildlife habitat. The ranch is extremely diverse. Ranches like this simply don’t come around that often. That’s one of the reasons it sold within eight months of being brought to market.”]]> 12093 0 0 0 https://landreport.com/2015/08/lands-best-friend-puppy-training/ Thu, 06 Aug 2015 07:00:44 +0000 https://www.landreport.com/?p=12113 Follow this proven path and a great pup will be yours. Since you’ve followed my advice in “Start Your Puppy off on the Right Paw” (The Land Report, Spring 2015), your pup is sleeping all night in her crate and standing at the back door when she’s ready for a potty break. Likewise, she knows her name, comes when called in the house and yard, and yields to a leash. Time to learn “Sit/Stay.” After a bit of play time, calm your pup with some sweet talk and gentle petting. Now take her gently by the collar and say “Sit.” Lift her head as you push her butt to the floor with the other hand. Hold her in that position as you repeat “Sit” several times in a firm, even voice. She may struggle. Hold her for about 10 seconds; then release her with “Right on!” Love her up. Repeat, repeat, repeat, but not all at once. A half dozen or so lessons per day, when convenient, will soon have her plunking her butt on command. Now add “Stay.” After she sits, keep one hand on her as you back away, repeating “Staaaay.” If she moves, put her back in place. Keep at it until you can snap on a six-foot lead and back away while she sits. After half a minute, say “Come,” and make a huge fuss over her. Do: - End every session on a positive note. - Incorporate training into your daily routine. Don’t: - Make your pup stay for more than a minute.]]> 12113 0 0 0 https://landreport.com/2015/08/coalition-sues-the-u-s-forest-service-to-block-land-swap/ Mon, 10 Aug 2015 07:00:28 +0000 https://www.landreport.com/?p=12120 A group of nonprofits has filed a 72-page lawsuit alleging that the US Forest Service failed to be transparent and to follow federal environmental law when it approved a land swap with developer Red McCombs. In May, the Forest Service approved a deal to swap 205 federal acres on Wolf Creek Pass for 177 acres of wetlands also on the pass. The federal acreage is essential for the development of McCombs’s Village at Wolf Creek, which has been on the drawing board for three decades and is slated for 1,700 units and more than 8,000 people. The lawsuit, which was filed by Rocky Mountain Wild, the San Luis Valley Ecosystem Council, the San Juan Citizens Alliance, and the Wilderness Workshop, targets several aspects of the land swap approval by Rio Grande National Forest Supervisor Dan Dallas. It alleges that the Forest Service “privatized federal land and granted access necessary to build a massive resort development without considering or taking the steps necessary to reduce and eliminate impact to the surrounding National Forest System Lands.” Read more HERE.]]> 12120 0 0 0 https://landreport.com/2015/08/land-report-top-10-floridas-gemini-estate/ Thu, 13 Aug 2015 07:00:15 +0000 https://www.landreport.com/?p=12132 Listed in April for just under $200 million, Florida’s 16-acre Gemini estate located south of Palm Beach is one of the highest-priced listings in the country. Owned by the Ziff family since the 1980s, this sprawling oceanfront compound features 1,200 feet of Atlantic Ocean frontage and about 1,300 feet on the Intracoastal Waterway. The estate also includes a 62,200 sq ft coral stone-clad main house, a furnished tunnel, a botanic garden and a miniature golf course. Brokers Carmen N. D'Angelo, Jr., Gerard P. Liguori and Joseph G. Liguori of Premier Estate Properties have the listing.]]> 12132 0 0 0 https://landreport.com/2015/08/the-land-report-summer-2015/ Sat, 15 Aug 2015 07:00:12 +0000 https://www.landreport.com/?p=11953 Was 2014 a banner year or what? The numbers speak for themselves in our Best Brokerages issue. More than 100 firms from coast to coast participated in our fifth annual survey of U.S. land brokerages. Giant timber tracts, iconic plantations, storied ranches - last year's sales of properties large and extra large are featured in this comprehensive roundup. In addition, more than 30 auction houses were vetted to produce America’s Top Auction Houses.    ]]> 11953 0 0 0 https://landreport.com/2015/08/the-land-report-top-ten-summer-2015/ Sat, 15 Aug 2015 07:00:03 +0000 https://www.landreport.com/?p=12045 California and Texas boast three listings in our Top Ten; Florida two. — The Editors 1. Waggoner Ranch (Texas): $725 million Sam Middleton of Chas. S. Middleton and Son is broker of record on this record-setting 510,527-acre listing. Bernard Uechtritz of Briggs Freeman Sotheby’s International Realty is overseeing the international marketing effort. 2. Gemini (Florida): $195 million This nearly 16-acre South Florida compound, which is owned by the Ziff family, features 1,200 feet of Atlantic Ocean frontage and about 1,300 feet on the Intracoastal Waterway. Carmen D'Angelo Jr. of Premier Estate Properties is co-listing agent. 3. Rancho San Carlos (California): $125 million Pictured above, this 237-acre hilltop estate is perched high above the Pacific in Montecito. Ten residential cottages complement the Reginald Johnson-designed main residence. Suzanne Perkins and Harry Kolb of Sotheby’s International Realty Santa Barbara the listing agents. 4. Pumpkin Key (Florida): $110 million This 26-acre island in the Florida Keys sits between Key Largo and the mainland. Improvements include a main residence, two caretaker’s cottages, a dock master’s apartment, and an office. Accommodations and dockage at Ocean Reef transfer. Russell Post of Russell Post Sotheby’s International has the listing. 5. Homer’s Pond (Massachusetts): $108 million This private retreat is set on 314 acres along the southern shore of Martha’s Vineyard. Available in its entirety or in smaller parcels. Grace Bloodwell and Charles Carlson of South Light Property have the listing. Click here to view the video. 6. Broken O Ranch (Texas): $81 million It’s hard to imagine more than 4,000 acres so close to a major metropolitan area, but that’s exactly the case with the Broken O, which is nestled less than half an hour outside of San Antonio. Listed with The duPerier Texas Land Man. 7. Y.O. Ranch (Texas): $75 million The Y.O. is recognized as a world leader in the management and preservation of exotic game. This iconic 29,000± acre Texas spread has been shepherded by the Schreiner family since 1880. Robert Dullnig of Kuper Sotheby’s International Realty has the listing. 8. Rancho Dos Pueblos (California): $65 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, Rancho Dos Pueblos is one of the largest remaining ranches along the Gaviota Coast. Kerry Mormann & Associates has the listing. Click here to view the video. 9. IX Ranch (Montana): $64.5 million This legacy cattle operation (pictured above) runs a herd of 4,300 on more than 126,000 acres. Five species of upland birds complement huntable populations of elk, mule deer, whitetails, antelope, and mountain lion. Listed with David Johnson at Hall and Hall. Click here to view the video. 10. Rana Creek Ranch (California): $59.95 million Offered for the first time in 30 years, this 14,000-acre working cattle ranch with its own airstrip sits just 20 minutes from Carmel and 40 minutes from Pebble Beach. Suzanne Perkins and Sam Piffero of Sotheby’s International Realty Santa Barbara are the listing agents. Click here to view the video.]]> 12045 0 0 0 https://landreport.com/2015/08/tom-brokaw-knowing-he-has-it-all/ Thu, 20 Aug 2015 07:00:44 +0000 https://www.landreport.com/?p=12146 The former NBC Nightly News anchor welcomed The Land Report to his Rockefeller Center office in 2007.[/caption]

  Diagnosed with incurable blood cancer, one of our favorite landowners, relied on his wife of 50 years, a lot of humor, and even more gratitude.

  By Laura Landro Tom Brokaw’s authoritative reporting on such events as the fall of the Berlin Wall, the massacre at Tiananmen Square, and the 9/11 attacks made him one of America’s most trusted journalists, a broadcaster who wasn’t afraid to wear his heart on his sleeve and yet never made the story about himself. Three years ago, though, he did become the story. Diagnosed at age 73 with multiple myeloma, a blood cancer that is treatable but incurable, he quickly fell victim to the disease’s debilitating effects, including crushing fatigue and thinning bones. He ended up with a fractured spine and lost a couple of inches in height. He was soon on a regimen of 17 drugs, barely able to walk or get himself to the bathroom. As he recounts in A Lucky Life Interrupted, it seemed as if his luck had run out. Fortunately, it hadn’t. Thanks to his considerable financial resources, his friends in high places, and a physician-daughter, Jennifer, who acted as his advocate and adviser, Brokaw found his way to premier institutions, assembled the best doctors, and started on an aggressive course of treatment. He credits his wife of more than 50 years, Meredith, for providing the nurturing and strength he needed, and his grandchildren for providing extra motivation to beat the disease into remission. Engaging as both a cancer memoir and a Baedeker guide through the highlights of his broadcasting careerA Lucky Life Interrupted features cameos by titans of industry, medical superstars, and assorted celebrities, many of whom pile in to offer help. [caption id="attachment_12149" align="alignright" width="325"] Brokaw and his family have owned a historic homestead on Montana’s West Boulder River since the late 1980s.[/caption] Yet Brokaw gives equal time to a brother suffering from dementia, to the injured soldiers he visits at Walter Reed Army Medical Center in Washington, D.C., and to the health-care workers he meets, who strike him, like soldiers, as mission oriented and heroic. A recurring theme is Brokaw’s reverence for the World War II veterans he lionized in The Greatest Generation (1998). Once diagnosed and feeling his mortality, he finds himself parsing their obituaries, not for their war roles but for information about how they died and at what age. “Here’s a guy who made it to 85 and died of prostate cancer ... whoops, here’s another who died at 72, his family said, of cancer-related causes.” Brokaw knows only too well that many people don’t have his access or advantages. Thanks to his health plan from NBC’s parent company, GE, his co-pay for the powerful chemotherapy drug Revlimid, priced at more than $500 per pill and hard to get a hold of, comes to $15. “What, I thought, does a farmer in Kansas do ... to get on the list and pay for [the drug], if not a breakthrough, at least a big step in the right direction?” Despite his own near-iconic status, Brokaw has never adopted the faux patrician on-air presence of some network newsmen; he has always managed to convey gravity without pomposity. That quality is evident throughout the book, reflecting an identity rooted in one core lesson of his South Dakota upbringing: Don’t get too big for your britches. Part of Brokaw’s deep bond with Meredith is, he says, “a hardwired circuitry of Midwestern steadiness to maintain the balance.” Though he knows he is a high-profile patient, he is determined to have a low-profile demeanor. He manages to keep his sense of humor during the darkest times, such as when he is walking up Lexington Avenue on a cold and windy day with a failing hearing-aid battery. As he tucks himself up against a falafel stand to replace it, he laughs aloud at himself. “Here you are, Brokaw, sick with cancer, trying to learn to walk again, bedeviled by a hearing aid battery, and not even the falafel vendor cares. You’re really pathetic.” Meeting with experts at the Mayo Clinic, where he is on the board, and at Memorial Sloan Kettering, he begins to understand the dilemmas that patients routinely face, not least what to believe when doctors give conflicting advice and how to demystify the aura that surrounds medicine. As he once told graduates at the Mayo Medical School in a commencement speech: “Most patients enter a doctor’s office or hospital as if it were a Mayan temple, representing an ancient and mysterious culture with no language in common with the visitor.” He urges doctors to solve the communication problem and advises patients to find a personal ombudsman, a physician not directly involved in the treatment who can help them interpret a primary caregiver’s approach. He is blunt about ObamaCare, saying it is “too complicated and too wide-ranging.” He casts blame on Democrats for fumbling the structure of the plan and Republicans for not coming up with “a comprehensive bill of their own.” Like so many patients, Brokaw finds that not all his doctors have a bedside manner; one with a particularly impressive résumé has a brusque style and little time for face-to-face consultation. What irks Brokaw most is a broader problem – the lack of coordinated care among physicians. He reminds patients to ask questions: “Am I making the progress expected? Are all the members of my treatment team working together?” One of the worst aspects of any severe illness is the feeling of being sidelined from an active life. Brokaw laments the inability to race off to the scene of a breaking story – something he continued to do as a special correspondent after leaving the NBC anchor chair in 2004. But he mustered all his strength to get to an event he simply couldn’t miss: the 2014 commemorations in Normandy marking the 70th anniversary of D-Day. Throughout his illness, Brokaw reminds himself to keep his life in perspective: “I wasn’t getting off a landing craft in heavy surf at dawn to face murderous fire with the odds short that I would survive 15 minutes.” It’s the kind of insight that is typical of Brokaw’s approach to life and now to illness. Surely he will have cause to remember it again next year and for many D-Day anniversaries to come. ### Reprinted by permission of The Wall Street Journal Copyright © 2015 Dow Jones & Company, Inc. All Rights Reserved Worldwide. License number 3632720981912.]]> 12146 0 0 0 https://landreport.com/2015/08/land-report-august-2015-newsletter/ Sat, 15 Aug 2015 07:00:25 +0000 https://www.landreport.com/?p=12168 Global equity markets gave investors a rollercoaster ride in August. Meanwhile, back on the farm, US Farm Trust announced $300 million in commitments from institutional backers to invest in high-quality row-crop farmland. Coincidence? We didn't think so either. Read all about it and more in our August newsletter. For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, Pinterest, and Instagram.]]> 12168 0 0 0 https://landreport.com/2015/08/us-farm-trust-closes-300-million-fund/ Mon, 31 Aug 2015 07:00:37 +0000 https://www.landreport.com/?p=12171 Institutional investors back privately held REIT. San Antonio-based US Farm Trust announced on Aug. 13 that it has closed on over $300 million in commitments from institutional investors. The real estate investment trust (REIT) was established to acquire and manage high-quality row-crop farmland throughout the U.S. and will work with sellers and farmers to create attractive sale-and-leaseback structures. Thanks to its capitalization, the REIT will be able to purchase even the largest farms on an expedited basis without a financing contingency. “The strategy of US Farm Trust is to work as closely as possible with farmers who will see us as not just a buyer but as a partner in the success of their operations,” said Tommy Funk, US Farm Trust Advisors’ president and the former National Farmland Acquisition Manager at US Trust, Bank of America Private Wealth Management. “Our capital will help the farmer maximize return on investment and maybe even provide a solution to long-term financial planning needs.” Read more HERE.]]> 12171 0 0 0 https://landreport.com/2015/09/high-court-strikes-down-federal-program/ Thu, 03 Sep 2015 07:00:19 +0000 https://www.landreport.com/?p=12203 A majority of justices sided with raisin farmer Marvin Horne in his battle against a federal program created to keep excess raisins off the market. Chief Justice John Roberts wrote the 8-1 decision, with the court’s more conservative justices assenting. While the government can regulate production, Roberts said that it cannot seize property without compensation. The court’s liberal judges defended the program’s intent, but some recognized it as outdated. Horne’s lawyer, Stanford Law professor Michael McConnell, argued that the government must offer payment under the Fifth Amendment to the Constitution, which forbids “private property be taken for public use, without just compensation.” Read more HERE. Photo Credit: The Washington Post]]> 12203 0 0 0 https://landreport.com/2015/09/lanai-wind-farm-specs-to-remain-confidential/ Wed, 09 Sep 2015 07:00:23 +0000 https://www.landreport.com/?p=12216 The Hawaii Office of Information Practices has rejected a community group’s request for confidential information regarding a planned wind energy farm involving Castle & Cooke Chairman David Murdock. The office concluded that disclosing the confidential information would cause competitive harm by revealing business practices and compromising future negotiations. In 2012, Oracle Chairman Larry Ellison acquired 98 percent of Lanai from Murdock for an estimated $300 million. The transaction caused Murdock to fall from No. 40 on the Land Report 100 to No. 72. As part of the deal, Castle & Cooke retained the rights to develop the 200MW wind farm. According to Castle & Cooke President Harry Saunders, Ellison did not want to be involved with the wind farm project, and Murdock didn’t want to sell it. Read more HERE. Photo Credit: Pacific Business News]]> 12216 0 0 0 https://landreport.com/2015/09/three-new-wilderness-areas-designated-in-idaho/ Mon, 14 Sep 2015 07:00:36 +0000 https://www.landreport.com/?p=12224 Sponsored by Rep. Mike Simpson, H.R. 1138 passed the House on July 27 and was unanimously approved by the Senate on August 4 before being signed into law by President Obama on August 7. “Congressman Simpson’s legislation reflects years of meaningful engagement with ranchers, hikers, hunters, tribes, and other stakeholders to ensure that the management plan meets the needs of current and future generations,” said Interior Secretary Sally Jewell in a statement at the department’s website. “I applaud Congressman Simpson and Senator Risch, whose efforts will benefit generations of Americans to come who will be able to enjoy this stunning area just as we do today.” The Sawtooth National Recreation Area and Jim McClure-Jerry Peak Wilderness Additions Act designates three areas to become part of the National Wilderness Preservation System, including the Jim McClure-Jerry Peak Wilderness (117,000 acres), White Clouds Wilderness (91,000 acres), and Hemingway-Boulders Wilderness (88,000 acres). These protected areas preserve approximately 276,000 acres of high-mountain backcountry with crystal lakes and abundant wildlife. Read more HERE.]]> 12224 0 0 0 https://landreport.com/2015/09/farmland-values-stabilize-in-the-midwest/ Thu, 17 Sep 2015 07:00:38 +0000 https://www.landreport.com/?p=12252

  Farmland values in the Seventh Federal Reserve District were unchanged from a year before and actually rose 1 percent in the first quarter of 2015.

  MIDWEST — FOCUS The following conclusions are based on the responses of 234 agricultural bankers in the Seventh District. According to the economic analysis of the Chicago Fed, “There was no year-over-year change in farmland values for the District as a whole in the first quarter of 2015 – in contrast to the slight decrease at the end of 2014.” Almost half of the survey respondents predicted farmland values to decrease in the second quarter of 2015, while less than 1 percent expected farmland values to increase and 51 percent expected them to be stable. Only 8 percent of the survey respondents reported higher demand to purchase farmland, while 46 percent reported lower demand. The supply of farmland for sale was also lower. For a complete copy of the Seventh Federal Reserve District’s AgLetter, go to www.ChicagoFed.org.]]> 12252 0 0 0 https://landreport.com/2015/09/university-of-arizona-gets-2-6-million-ranch-near-sedona/ Mon, 21 Sep 2015 07:00:41 +0000 https://www.landreport.com/?p=12259 Future veterinary students at the University of Arizona will get hands-on experience at a working ranch near Sedona, thanks to the donation of a $2.6 million property by the Steele Foundation. The Phoenix-based organization is handing over the deed to a 45-acre parcel for use by the UA College of Agriculture and Life Sciences. The spring-fed DK Ranch includes two barns, a three-bedroom house, and several other structures. Under terms of the donation, UA pledged to preserve the land for agricultural use. Details are still being worked out, but the university hopes to have veterinary students do a residency at the DK and live on-site for six weeks or more to complete rotations in ranch and wildlife management. Cattle and horses will be permanent residents of the ranch. UA may also plant crops. Steele Foundation President Marianne Cracchiolo Mago said, “We are confident that the DK Ranch is in great hands and believe that our mission and spirit of helping others will be upheld with this gift.” UA will not accept veterinary student applications until 2016. Read more HERE.]]> 12259 0 0 0 https://landreport.com/2015/10/the-land-report-top-ten-fall-2015/ Thu, 15 Oct 2015 07:00:27 +0000 https://www.landreport.com/?p=12267

  The aggregate value of the nation’s leading listings? More than $1.6 billion! — The Editors

  1. Waggoner Ranch (Texas): $725 million Sam Middleton of Chas. S. Middleton and Son is broker of record on this record-setting 510,527-acre listing. Bernard Uechtritz of Briggs Freeman Sotheby’s International Realty is overseeing the international marketing effort. 2. Gemini (Florida): $195 million This nearly 16-acre South Florida compound, which is owned by the Ziff family, features 1,200 feet of Atlantic Ocean frontage and about 1,300 feet on the Intracoastal Waterway. Carmen D'Angelo Jr. of Premier Estate Properties is co-listing agent. 3. Rancho San Carlos (California): $125 million This 237-acre hilltop estate is perched high above the Pacific in Montecito. Ten residential cottages complement the Reginald Johnson-designed main residence. Suzanne Perkins and Harry Kolb of Sotheby’s International Realty Santa Barbara the listing agents. 4. Pumpkin Key (Florida): $110 million This 26-acre island in the Florida Keys sits between Key Largo and the mainland. Improvements include a main residence, two caretaker’s cottages, a dock master’s apartment, and an office. Accommodations and dockage at Ocean Reef transfer. Russell Post of Russell Post Sotheby’s International has the listing. 5. Homer’s Pond (Massachusetts): $108 million This private retreat is set on 314 acres along the southern shore of Martha’s Vineyard. Available in its entirety or in smaller parcels. Grace Bloodwell and Charles Carlson of South Light Property have the listing. Click here to view the video. 6. NEW! Sycamore Valley Ranch (California): $100 million Millions know this 2,698-acre holding (pictured above) as Michael Jackson’s Neverland Ranch. Jeff Hyland of Hilton & Hyland and Suzanne Perkins and Harry Kolb of Sotheby’s International Realty Santa Barbara have the listing. 7. NEW! Burnt Point (New York): $95 million This 25-acre East Hampton estate features an 18,000-square foot residence and 2,000 feet of Georgica Pond frontage. Listed with Frank Newbold and Ed Petrie of Sotheby’s International Realty and Mala Sander of the Corcoran Group. 8. Broken O Ranch (Texas): $81 million It’s hard to imagine more than 4,000 acres so close to a major metropolitan area, but that’s exactly the case with the Broken O, which is nestled less than half an hour outside of San Antonio. Listed with The duPerier Texas Land Man. 9. Y.O. Ranch (Texas): $75 million The Y.O. is recognized as a world leader in the management and preservation of exotic game. This iconic 29,000± acre Texas spread has been shepherded by the Schreiner family since 1880. Robert Dullnig of Kuper Sotheby’s International Realty has the listing. 10. Rancho Dos Pueblos (California): $65 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, Rancho Dos Pueblos is one of the largest remaining ranches along the Gaviota Coast. Kerry Mormann & Associates has the listing. Click here to view the video.]]> 12267 0 0 0 https://landreport.com/2015/09/jack-ma-buys-brandon-park/ Fri, 25 Sep 2015 07:00:41 +0000 https://www.landreport.com/?p=12273

  Alibaba founder plans to conserve the 28,100-acre estate.

  Jack Ma, the Chinese billionaire and cofounder of e-commerce giant Alibaba, has quietly made a new acquisition: a 28,100-acre property boasting trout streams, woodlands and a maple syrup operation in New York’s Adirondacks. Mr. Ma paid $23 million for the sprawling upstate New York property, which he bought principally for conservation purposes, but also plans to use as an occasional personal retreat, according to a spokesman. The estate, known as Brandon Park, includes more than nine miles of the St. Regis River, as well as lakes, streams, ponds, forests, and a 1940s log camp behind its gated entrance. There are two homes on the property, as well as lean-tos and a horse barn. The land was originally part of neighboring Bay Pond, a private nature preserve created around the turn of the last century by William A. Rockefeller Jr., a cofounder of Standard Oil. 1939, Brandon was acquired by the family of Wilhelmina du Pont Ross. The Ross family transferred the property into Brandon LLC in 1999, according to public records. Brandon was first listed for sale in 2012 with an asking price of $28 million. In 2014, the asking price was lowered to $22.5 million. Mr. Ma bought the property in May through an entity called New Brandon LLC. LandVest, the real-estate firm that listed the property, declined to comment. Efforts to reach members of the Ross family were unsuccessful. Mr. Ma plans to form a nonprofit entity to manage Brandon Park, said Jim Wilkinson, a spokesman for Mr. Ma. The land, which is a white-tailed deer habitat, according to marketing materials, is Mr. Ma’s first investment in conservation land outside of China, where he is a prominent supporter of conservation efforts. [caption id="attachment_12276" align="alignright" width="350"] Alibaba Group Executive CHairman Jack Ma addresses the Economic Club of New York in June 2015.[/caption] Mr. Ma was drawn to the Adirondacks partly because of the area’s history of overcoming environmental threats, Mr. Wilkinson said. By the late 1800s, the Adirondack forests had been depleted by the logging, mining, charcoal, and paper industries, which in turn affected the topsoil, waterways, and wildlife. To protect the timber and water resources, New York created the 6 million-acre Adirondack Park in 1892. Brandon Park is part of this wilderness, of which 2.6 million acres belong to the state and 3.4 million acres are privately held. “Protecting the environment in China will always be Jack’s first and foremost priority, and he will continue his strong efforts here,” said Mr. Wilkinson. “This international land purchase reflects Jack’s belief that we all inhabit the same planet, and we all breathe the same air, so we are dependent on each other for our collective future.” Mr. Ma has been the chairman of the China board of the Nature Conservancy, an international conservation organization, since 2013, and sits on its global board. He is also a founding member of the Sichuan Nature Conservation Foundation, a Chinese private nongovernmental organization started in 2011 to protect land in western Sichuan and throughout China. He helped create the Laohegou Nature Reserve in Sichuan, the first nature reserve in China managed by a nongovernmental organization, according to the Nature Conservancy. Laohegou covers more than 27,000 acres in an area that is a giant panda habitat. The Nature Conservancy in China now manages five land-trust reserves there and plans to add more. Mr. Ma’s charitable trust, established in 2014 in the months leading up to Alibaba’s record-setting $25 billion IPO, has an endowment of approximately $3 billion, making it one of the largest in Asia. It focuses on the environment, health care, and education. By way of comparison, the Rockefeller Foundation, which was founded in 1913, had assets of $4.2 billion as of 2014. The Alibaba Group, where Mr. Ma remains executive chairman, has directed 0.3% of its annual operating revenue to a foundation for environmental protection since 2010. The company has also launched a campaign to clean up the water in Zhejiang Province, where Mr. Ma grew up and where Alibaba is based. As for his new land acquisition in the Adirondacks, Mr. Wilkinson said that Mr. Ma’s first move as the new owner was to stop an existing logging operation on the property. Mr. Ma has visited the property twice, Mr. Wilkinson said. LandVest’s marketing materials for the land note that the property has a brook-trout fishery, a hatchery that produces a heritage strain of brook trout, and a private-label maple syrup operation. The Nature Conservancy introduced Mr. Ma to the Adirondacks, an area it considers a priority because of the temperate forest, 3,000 lakes, 30,000 miles of rivers and streams, and 247 rare species, according to the organization’s president and CEO, Mark Tercek. “Jack travels to see how conservation happens and to be inspired back home,” Mr. Tercek said. Mr. Ma will be one of a number of business magnates and philanthropists in the area. A hundred years ago, many American industrialists summered in the Adirondacks, drawn by the cool mountain air and wilderness. Wealthy families built rustic summer getaways, Tudor Revival mansions, and Great Camps here. Marylou Whitney, age 89, inherited Whitney Park, then an Adirondack camp of about 51,000 acres, from her late husband, Cornelius Vanderbilt Whitney in 1992. The Whitneys consider themselves stewards of the land, employing specialists to manage the trees, fish, and wildlife. “It’s extremely important that we keep this as pristine as possible. We owe it to history,” said John Hendrickson, Mrs. Whitney’s husband, noting that the family has owned the land since 1898. In 1997, Mrs. Whitney sold 14,700 acres of the estate to New York state for $17.1 million to create the William C. Whitney Wilderness Area. “We gave the state an extreme discount because they agreed to preserve it as a wilderness,” said Mr. Hendrickson. Mrs. Whitney still owns 36,000 acres of the estate. Newer names in the neighborhood include YouTube cofounder Chad Hurley and his business partner Stephen Gordon, the founder of Restoration Hardware, and more recently Guideboat Company, who owns an interest in a camp that dates back to 1882. Mike Raymaley, an agent at Merrill L. Thomas Inc., who was not involved in the deal, said he wasn’t surprised by the high sale price commanded by Brandon Park. “Brandon is the largest privately owned wilderness that has sold in 30 years” in the Adirondacks, he said. -- Sarah Tilton Reprinted by permission of The Wall Street Journal. Copyright © 2015 Dow Jones & Company Inc. All Rights Reserved Worldwide. License number 3666641495411.]]> 12273 0 0 0 https://landreport.com/2015/09/indianas-state-court-sides-with-citizens/ Mon, 28 Sep 2015 07:00:56 +0000 https://www.landreport.com/?p=12277 Alliance for the Great Lakes, Save the Dunes, and the State of Indiana’s Long Beach Community Alliance prevailed in litigation to uphold the public’s right to recreate on the Indiana portion of Lake Michigan. Two lawsuits were brought by beachfront residents of Long Beach, Indiana, who claimed that they owned the beach below their properties down to the edge of Lake Michigan. The Alliance for the Great Lakes and Save the Dunes joined the lawsuits as intervening parties in order to protect members’ rights to enjoy recreational activities. In July, Superior Court Judge Richard Stalbrink ruled in the public’s favor. In his decision, Judge Stalbrink concluded that the State of Indiana has title to the shores of Lake Michigan below the ordinary high-water mark and holds the property in trust for the public’s protected uses. Read more HERE.]]> 12277 0 0 0 https://landreport.com/2015/09/kelo-postmortem/ Wed, 30 Sep 2015 07:00:52 +0000 https://www.landreport.com/?p=12289

  A decade has passed since the Rehnquist Court’s “intellectually unsound” decision in Kelo v. City of New London.

  On June 23, 2005, a team of attorneys for the Institute for Justice (IJ), a nonprofit libertarian public interest law firm, was gathered in a morning meeting when the telephone rang. Since presenting their arguments before the Supreme Court months before, they had long awaited the ruling in the case of Kelo v. City of New London, the first major examination of eminent domain law in decades. The lead attorney on the case, Scott Bullock, took the call. The news was not good. A split court had ruled 5 to 4 in favor of the City of New London. The IJ team would now have to call seven homeowners to let them know that their houses would most likely be razed. “Obviously, we were all very disappointed at the court’s decision and shocked that the court would do this to the homeowners,” said Bullock. “It was just wrong from a constitutional perspective, and it was also intellectually unsound and wildly unpopular, leading to immediate backlash.” This year marks the tenth anniversary of the now-infamous Kelo decision. Before it was handed down, eminent domain was a power typically reserved for certain public uses, such as putting in utility lines or roadways. After Kelo, eminent domain could be used for a perceived public benefit, even in the hands of a private party. After the verdict was announced, the outrage was not just immediate; it was intense. On news channels and talk shows, the verdict was vehemently criticized. Eminent domain projects that were in the works were suddenly stopped by citizen activism. Polls subsequently showed that 80 percent of the public disapproved of the decision. And it all started with a little pink house that overlooked the Thames River in the Fort Trumbull neighborhood of New London, Connecticut. Susette Kelo, a nurse who had recently gone through a divorce, put all of her money into purchasing and painstakingly restoring the house room by room. She loved the home for the freedom it offered her and the views of the water, and she planned on growing old there. Around the same time that Kelo was restoring her home, scraping old wallpaper and sanding down floors, a group of city officials, Connecticut politicians, and developers were making plans to overhaul her neighborhood. They were meeting in private in the hopes of luring pharmaceutical giant Pfizer to New London to build a major research facility. If they were successful in their efforts, it would put the City of New London back on the map by creating jobs and reviving the economically depressed city. In order to do so, however, Kelo’s home and six others in Fort Trumbull would be razed to make way for private development, including a hotel, condos, private office space, and more. The plan was to use the city’s eminent domain powers to take the properties and then turn them over to a private nonprofit that would work with private developers. In 2001, Pfizer built a $294 million, 750,000-square-foot facility. The only thing missing was the Fort Trumbull land. But the plucky nurse with the pink house wouldn’t budge. With Kelo and IJ at the helm, a brave and arduous battle ensued. It ended that summer morning when Bullock picked up the phone ten years ago. The six other homes were eventually torn down; Kelo’s was relocated. To top it off, Pfizer pulled out of New London in 2011 and ended up never using the Fort Trumbull land that was cleared for them. The razed homesites and other properties? They are now occupied by feral cats and waist-high weeds. The story reads like a property owner’s worst nightmare, which is probably why it struck a chord with so many. “Kelo is one of those rare issues that unites people across the nation regardless of political persuasion or economic background,” says Bullock. And with just an overgrown lot left in the case’s wake, it would appear that nothing good has come out of the whole debacle. However, as one of the most disputed decisions in the history of the Supreme Court, the Kelo case has led to eminent domain reform laws in 45 states and has, according to Bullock, halted at least 60 projects that relied on the use of eminent domain and blight designations that would have paved the way for eminent domain abuse. “There have been numerous reforms, stronger in some states than others, but it’s much more constrained than years ago,” says Professor Ilya Somin at George Mason University School of Law. Somin published an analysis of the Kelo case in his book The Grasping Hand: Kelo v. New London and the Limits of Eminent Domain. “It also led to the breakdown of previous public consensus. Whereas before most experts thought a broad use of eminent domain was the consensus, they now know that it’s not.” Although eminent domain abuse is less common, pockets still exist, such as a case in Atlantic City that IJ is working on. “We might see an uptick because commercial real estate is coming back, and government wants to up the tax benefits of that,” Bullock says. Somin and Bullock agree that the effects of the Kelo decision could become more limited. “There’s a good likelihood that in 10 to 15 years, a pretext case will make it to the Supreme Court, and it will involve Kelo case consideration,” Somin says. There’s even talk about turning the razed Fort Trumbull homesites into a park. Says Somin, “There’s still a lot of work to be done, but we are moving in the right direction.”]]> 12289 0 0 0 https://landreport.com/2015/09/land-report-september-2015-newsletter/ Tue, 15 Sep 2015 07:00:45 +0000 https://www.landreport.com/?p=12292 While the U.S. economy suffers through starts and stops, land sales and land listings keep humming along. Here are some of the September newsletter’s highlights:
  • A key timberland sale in Florida;
  • A potential $1 billion listing off Long Island;
  • A $5 million non-existent listing in San Francisco Bay.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, Pinterest, and Instagram.]]> 12292 0 0 0 https://landreport.com/2015/10/u-s-fish-and-wildlife-service-opts-not-to-list-greater-sage-grouse/ Mon, 05 Oct 2015 07:00:05 +0000 https://www.landreport.com/?p=12300

  Landowners’ voluntary efforts play crucial role.

  In mid-September, the Obama administration announced its decision not to designate the greater sage-grouse as an endangered species, heralding the government’s intention to keep a cooperative land-management plan in place. Proponents say an endangered-species designation by the U.S. Fish and Wildlife Service would have likely resulted in wide-ranging economic impacts, hampering everything from oil and gas development to the building of new homes. Instead, a unique public-private partnership has succeeded in safeguarding the bird’s habitat of 165 million acres across 11 western states. US Interior Secretary Sally Jewell cited voluntary efforts on the part of cattle ranchers to set aside conservation habitats as a key factor. Keeping cows out of known mating grounds via a network of buffer zones has proven one of the main reasons the population of these chicken-like birds has rebounded so significantly. “Landowners, regional industries, and local, state, and federal governments have worked in close collaboration over many years,” said Colorado Gov. John Hickenlooper. “These improvements will enhance not only sage-grouse, but also all manner of wildlife that are a crucial part of what makes Colorado and the American West the unique place that it is.” Read more HERE.]]> 12300 0 0 0 https://landreport.com/2015/10/u-s-interior-justice-departments-to-settle-with-tribes/ Mon, 12 Oct 2015 07:00:03 +0000 https://www.landreport.com/?p=12318 The United States Department of the Interior along with the Department of Justice have agreed to a proposed $940 million settlement to resolve a quarter-century-old legal dispute with Native American tribes. At issue: costs for programs the federal government mandated but failed to fully finance, including forest management, fire suppression, road maintenance, law enforcement, and more. In 2012, a class-action lawsuit filed on behalf of some 600 tribes and tribal agencies went before the Supreme Court, which ruled in their favor. As the largest of the plaintiffs, the Navajo Nation stands to receive $58 million once the proposed settlement receives District Court approval. Read more HERE. Photo Credit: Native News Online]]> 12318 0 0 0 https://landreport.com/2015/10/land-report-october-2015-newsletter/ Thu, 15 Oct 2015 07:00:19 +0000 https://www.landreport.com/?p=12344 It’s HERE! The Winter issue of the Magazine of the American Landowner featuring the 2015 Land Report 100 presented by Fay Ranches headlines our October newsletter. Other great reads include:
  • The Land Report 2015 Gear Guide
  • The 2015 Wellington Land Report
  • The sale of Little Bokeelia Island for $14.5 million
  • Clemson’s innovative Timberlands Legacy Program
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, Pinterest, and Instagram.]]> 12344 0 0 0 https://landreport.com/2015/10/the-antler-creek-dugout/ Thu, 15 Oct 2015 07:00:25 +0000 https://www.landreport.com/?p=12372

   

  It took Rick and Wyman Meinzer six months to craft this tribute to hardy landowners of yore: a bombproof dugout built to rival any ever constructed on the Great Plains.

  Photography By Wyman Meinzer During his undergraduate days at Texas Tech, Wyman did extensive research on the Pitchfork Ranch and befriended Ranch Manager Jim Humphreys and the Pitchfork’s second-in-command, Bob Moorehouse. They told him about an ancient half-dugout tucked away in a far corner of the great ranch. Best suited for a bachelor, it was called “the Batch Camp.” For the next three winters, the Batch Camp served as the college graduate’s home while he trapped and hunted on some 300,000 acres of the wildest, most remote rangeland in the U.S. “It was probably the most formative time of my life. It taught me independence, to accept responsibility for my own mistakes. I had to get myself up in the morning, do my own cooking, stay out all day long. No matter the wind or rain or cold, I had to skin the animals and make sure everything was functioning so that at the end of the month I could pay on my college loan, make my pickup payment, buy groceries, and continue. I learned to focus on the land, the natural history of my quarry. I learned to love big, open country, and that it was my country, my home.” Forty years on, Wyman still returns to Batch Camp to make repairs and do general upkeep. As with so many experiences in his life, he absorbed lessons that he would subsequently interpret and apply. The legacy of the Batch Camp would be realized with the Antler Creek Dugout which Wyman built with his brother, Rick, in 2015. This past February, Rick realized he had found a perfect spot for a traditional dugout – the iconic structure of the frontier prairie — in a bank cut thousands of years ago by the shifting Brazos River. Wyman had recently unearthed some petrified whitetail antlers nearby, so they named the site the Antler Creek Dugout. Using a Bobcat loader, Rick dug a 12 x 14 foot trench in an east-facing slope. It was 7 feet deep. Several days were then spent squaring the trench by hand with a shovel and pickaxe. The two fretted about wall and ceiling integrity. “Two tons of earth falling in on you, and it’s over,” Wyman says. They bolstered the walls with railroad timbers fitted into slots that they dug by hand into the walls. For roof support, six timbers were laid horizontally and secured to the vertical supports by driving in sharpened 10-inch x ½-inch steel rods. Twelve railroad timbers formed the front wall. Heavy 12-foot cedar poles formed the tops of the walls and served as a base for the ridgepole. All junctions were secured with 10-inch steel rods. Four 14-foot poles and a 16-foot ridgepole completed the framing. A couple dozen 6-foot poles formed the rafters. A custom stovepipe was welded into a 2 x 2 foot base and attached to the rafters with lag screws. Two layers of metal and two layers of black felt topped with four inches of evenly distributed topsoil formed the base layer of roof — after a mere two days of shoveling. A layer of oil field plastic and a four-inch layer of local clay formed the water barrier. A board-and-batten interior — the boards were taken from an old smokehouse — over a plastic barrier, caulked to keep out critters, formed a snug interior. More shovel and pick work leveled the floor. Bricks and mortar formed a base for a wood stove. An old door from the JY Ranch, a gift from a rancher named Mike Gibson, was put to good use. A framed window and wooden shutter serve as a shooting port in the event of a raccoon raid. A stone floor would make the old-time line camp men roll with envy in their graves. Outside, a retaining wall of 53 red cedar poles, cut to conform to the slope, keeps the walk-in walls from collapsing. Several hundred pounds of local clay in exposed areas further staunch against wind erosion. Wyman has pronounced the project finished several times. Since the first pronouncement, a rocked, mortared patio, an adjacent elevated deck, and other niceties have extracted several acre-feet of sweat. Why all the effort? Wyman says, “We want to leave a tangible legacy to our children and grandchildren and those beyond. We built it strong and durable so that people long after us can get a glimpse of a way of life that was the foundation of America.]]> 12372 0 0 0 https://landreport.com/2015/10/land-report-2015-legacy-landowners-the-salazar-family/ Thu, 15 Oct 2015 07:00:23 +0000 https://www.landreport.com/?p=13284 The Land Report 2015 Legacy Landowner Award was bestowed upon the family and the forefathers of former Interior Secretary Ken Salazar. The following are condensed excerpts from Secretary Salazar’s keynote address at the 2015 Land Report Aspen Summit.[/caption] My family has been in New Mexico and Colorado for a very long time. Oftentimes when I was introduced by the President, he would say that in my case it wasn’t that we came over the border into the United States of America, but the border really had come over us. And that’s because my family has been part of New Mexico and Colorado now for over four centuries. My great-grandfather and grandmother 12 generations ago founded the city of Holy Faith, the city now known as Santa Fe, New Mexico, more than four centuries ago. So for four centuries, they lived off the land. They made a living off ranching and farming on the banks of the Rio Grande River moving north, and then, after the Mexican-American War and the Treaty of Guadalupe Hidalgo, moving into what is now the San Luis Valley and being a part of the same farm and the same ranch that we have had in our family for a very long time. If you step out of my parents’ home, the place where I grew up, you can look out to the east and you see the beautiful mountains that are called the Sangre de Cristos — the Blood of Christ mountains. If you look to the west, you can see where the sun sets. Those mountains are also 14,000-foot peaks. They’re called the San Juan Mountains, named after St. John the Baptist — the name of my father; of my grandfather, Juan; and the name of my brother John, who represented the 3rd Congressional District. If you look at the rivers that traverse a part of our ranch, they are named the Rio San Antonio, for St. Anthony, and the Rio Grande, the great river. Those are all places that are so etched in my mind and my life and my heart that there is no place like it anywhere in the world. Our place is old, but it is not large. In fact, when I was growing up, it was a very small place because we had lost a lot of it during the Depression. Our ranch was at the time only about 250 acres. We raised cattle, and we had a small herd of sheep. Today, it’s a little larger because my brothers mostly have done a wonderful job of assembling a much larger landholding today. I grew up poor. I grew up at a time when in the valley, in my valley, we did not have electricity, and we did not have a telephone at our home. So as I was growing up in the late 1950s and the early 1960s, what I knew about the world was very limited. I knew it in part through my mother’s eyes and my father’s eyes. I had not been to a place that had lights like Denver. I think I made it to Pueblo when I was in eighth grade. But through the eyes of those parents of mine — who were part of that greatest generation that Tom Brokaw has written much about — I was able to see the world beyond the world that I saw. My father had been a very proud soldier in World War II. He was working at the Pentagon and then went to Hawaii to try to rebuild that state after the bombing of Pearl Harbor. I was able to see this patriotism for the United States of America that I think all of us share. But most of us see it through our family and those who have gotten us where we are today. So in 2001, my father died at the age of 86. To him, the most important thing in terms of his funeral service was that he be buried in his uniform of World War II. So we honored that wish. I always thought about how that passion really fueled what I and my brothers and sisters became in this country. During that same time in the 1940s, my mother had come to a family ranch northwest of Albuquerque. It’s a place that they used to refer to as San Miguel. There was no post office, but it was a significant ranch, which her family had had for generations as well. I think of her tonight as she struggled with her life. I think about how this young woman’s courage — at the age of 19 getting on a train close to Albuquerque, New Mexico, and taking that train all the way across the United States of America to Washington, D.C., and ending up at Union Station and getting off the train at Union Station. She went to work at the War Department where other people from the Southwest were going to work because we were involved in the great cause for freedom. And then she helped open and change the name from the War Department to the Department of Defense and helped move the command of the United States military into the Pentagon in the 1940s. She was there from 1941 until 1946. So everything that I am about today and the things that I have done, I think back to those generations that came before me, including my father and my mother. And I remember growing up in a very special place where I know the fence posts and I know the cattle guards and I know the trees and I know the rivers and I know the stones. It was that place that made me everything who I am today. We didn’t have the great things that most of the kids in the city had, but our parents instilled in us the sense that anything was possible in America because they believed in this country. They believed that somehow if you worked hard, if you played by the rules, if you got a good education, if you took pride in your sense of place, that anything was possible in these United States of America. I had the great honor in 1998 to be elected as attorney general of the great State of Colorado. I had the great honor in 2004 to be elected as the United States senator of this state. And then I had the great honor to serve this country on the Cabinet as the Secretary of the Interior. In all that journey, it’s been a celebration of life rooted to the land, water, place, the mountains, the people, the community. That’s what I learned to cherish and always to try to live out my values. And that’s what you are doing here tonight with The Land Report and with all of you who are landowners. I’ll pause to make a comment about somebody who is in the audience tonight, and it’s Mary Conover. She and her family own a ranch not too far from here on the Western Slope. [Mary’s father] is a gentleman by the name of John Warner, who is a former Secretary of the Navy and a former United States senator. He served in the Senate for more than 30 years and was my mentor. In some ways, he was my surrogate father when I got to the Senate because he took me all over the world and he taught me about the pride of being a public servant and the pride of being a senator. And I never got tired of working with him. He was a Republican, and I a Democrat. Today still, he and I frankly communicate and have lots of things that we have done together. And I say that not only, Mary, because I wanted you to tell my good friend Senator John Warner how much I love him, but also say it because he was the kind of person and is the kind of person that I think the country needs more and more. The kind of person who brings people together. It doesn’t matter whether you’re a Democrat or a Republican when it comes down to how we take care of our wonderful rivers and how we deal with the future of our planet. You’ve got to find a way of working together. And there were two no greater Senators than Senator John Warner and Senator Danny Inouye, a Democrat from Hawaii. They both served for a long time and defended this country in very important positions. They taught me a lot about the importance of bringing people together, which I think is something that this county today is so much in need of.]]> 13284 0 0 0 https://landreport.com/2015/10/the-land-report-fall-2015/ Thu, 15 Oct 2015 07:00:37 +0000 https://www.landreport.com/?p=12158 Celebrating the American Sportsman is more than just our fall issue's theme; it's an eye-opening experience that chronicles the adventures of an American original, Wyman Meinzer. Wonderfully written and gorgeously photographed, it will become a favorite read of anyone with a passion for life on the land. Other issue highlights include:
  • A Look Back at the Kelo Case
  • Training Tips for Your Young Pup
  • How to Build a Bombproof Dugout
  • Jack Ma Buys 28,100-acre Brandon Park
  • More than a dozen properties listings from coast to coast
  Enjoy!]]> 12158 0 0 0 https://landreport.com/2015/10/wild-man-wyman-meinzer/ Thu, 15 Oct 2015 00:00:34 +0000 https://www.landreport.com/?p=12322 Field & Stream, Outdoor Life, and Sports Afield stoked this fever. Come hunting season, my idea of a great weekend was to load my dogs in the truck, drive all night, and arrive in the field by sunup. One day back then, I was paging through American Hunter and started reading about this guy from another era. Like me, he had a college degree, but instead of wasting away in an office, he went off and spent several winters trapping coyotes and bobcats in the Big Empty, that immense swath of West Texas that is home to iconic ranches such as the Waggoner, the Four Sixes, and the Pitchfork. I can’t tell you how many times I read that article, savoring each photo and every word. Turns out his name was Wyman Meinzer. Hunter, trapper, naturalist, historian — Wyman came across like a throwback to a different era, a true-blue Teddy Roosevelt. In addition to his adventures on the Pitchfork, it turned out that he was an artist — one whose primary tool was a camera. I began looking for his photography credits and quickly learned that it was almost impossible to page through a national outdoor magazine without gawking at one of his too-close-for-comfort rattlesnake shots. Several years later, articles by yours truly began to appear in regional and specialty magazines. In the early 1990s, when several of Wyman’s photos made a quail-hunting story of mine in Texas Parks & Wildlife look a lot more impressive than it was, it was a milestone for me. Although we’d never met, I hoped that Wyman might recognize my name, too. Around that time, I was researching my first novel, The Callings. I poached Wyman’s email address off a note from one of our editors. I had read a Dallas Morning News story in which the reporter, the venerable Ray Sasser, mentioned Wyman’s passion for Sharps buffalo guns. With more curiosity than hope, I sent Wyman an email asking for suggestions on books featuring the great bison hunters. A few hours later, I received a friendly reply with a list of out-of-print titles that I had no idea existed. More importantly, I would never have found them on my own. Whatever the flaws of my first historical novel, it’s not short on realistic details concerning the daily lives of the hide men, right down to their styles of skinning knives and methods of reclaiming bullets. I credit Wyman for that. Years later, I learned that Wyman’s approval of my manuscript contributed to The Callings’ acceptance and publication. Our brief back-and-forth was when I began to understand the depth of Wyman’s respect for the history and ways of the Old West. He corrected an embarrassing error in the narrative. I mistakenly listed cyanide as a wolf poison. “Strychnine,” he informed me. A decade later, I found myself at the 2002 Texas Book Festival in Austin. From across a crowded room, I saw Judith Keeling, my editor at Texas Tech University Press. “Get over here! I’m negotiating on your behalf,” she yelled. There, amidst a few hundred people dressed for a black-tie dinner, stood Wyman in his knee-high Russell boots, some unusually presentable jeans, and a fringed leather jacket. By his side, as always, was the beautiful Sylinda. She was sure enough dolled up for the festivities. Texas Tech planned to publish a work about the legendary Four Sixes Ranch. There had never been the slightest doubt as to the photographer. But the writer? That was still up in the air. I walked up and shook hands with Wyman. Then we talked for a couple minutes. As I recall, some Austinites were bragging about the beauty and the general superiority of Austin in late October, and Wyman had had his fill. “Lord, it was beautiful up home today. I sure as hell hated to leave and come down here,” he said. He made sure to say it loud enough for every provincial within 50 feet to hear. The three of us enjoyed a good laugh. Then Wyman turned to me. “You ‘bout ready to do this thing?” he asked. Thus began an adventure that continues to this day. Although he has probably done more than anyone else to bring great ranches to the public’s attention, cowboying never appealed to the Texas native. He and his younger brother, Rick, and their older sister, Patty, grew up on the League Ranch in Knox County. Their dad, Pate Meinzer, was foreman on the League. “The signs came early,” Wyman says. “Once we were old enough to ride, we had to work every day. But I was always more interested in watching wildlife and searching for arrowheads than working cattle. By the time I was 15, I knew I wanted to work in wildlife. But I had no idea that I would be a photographer.” When Wyman was seven, his grandfather, Gordon Cole, gave him a pair of 1½ Victors traps. “That was one of the greatest gifts I’ve ever received,” he says. Throughout boyhood, he ran a trap line for skunks, raccoons, and possums. He got his first BB gun at five and a Stevens single-shot .410 at nine. Wyman still has that old Stevens and occasionally uses it. Pate Meinzer often took the family coyote hunting at night. “We lived 11 miles out of town, so we weren’t going to movies or anything like that,” Wyman says. “Dad would load up Mom, Rick, Patty, and me, and we’d hunt with nothing but a spotlight and a .22.” Coyote fever hit for good when he was 14. He left a party to go hunting with his dad and brother. “When I got home late that night, I was worthless. All I could think about was coyote hunting.” The first coyote he ever called? “October 17, 1965. I was 14. It was 2:15 in the afternoon. I had a 30-30 Marlin with a Sears and Roebuck scope on it. I had two rounds to my name. I called two coyotes in at once. They broke and ran, and I shot the trailing coyote at 247 yards.” It’s all there in his field notes. Since his early trapping days, Wyman has kept a detailed journal. As he grew into manhood, the embellished stories of his youth gave way to the meticulous notes of a disciplined naturalist. His passion for the great outdoors and coyotes in particular led him to pursue a degree in wildlife management at Texas Tech. During his senior research project on coyote feeding habits, his principal professor loaned him a 35mm camera and suggested he take a few photos of his data. “I was hooked,” Wyman says. His first published photograph, of mating scissor-tailed flycatchers, graced the back cover of Texas Ornithological Bulletin in 1976. In 1979, National Wildlife featured a full-page photo of a roadrunner bringing a Texas collared lizard to its young. In a single month, March 1982, Sports Afield, Petersen’s Hunting, and American Hunter ran Meinzer cover shots. His nascent photographic skills were quickly catching up with his talents as a student of the land. In South Texas on one of the East Ranches, I watched Wyman grunt, paw the dirt, and clack his rattling horns for a few seconds. Then he paused. “Here comes one,” Sylinda whispered. The biggest white-tailed buck I’ve ever seen was running straight at us. Then another impressive buck trotted into view. The big boy smelled a rival, swaggered in, and gave us a nice broadside look. I watched Wyman rattle up dozens of bucks that week. When a spot had been rattled out – the bucks wised up or wandered off in search of hot does – Wyman’s handmade calls would bring in coyotes. In one instance, a South Texas bird of prey known as the caracara was charmed. Once, a bobcat, fooled by Wyman’s dying rabbit call, jumped on his back. Another time, some curious javelinas showed up. Yes, Wyman was calling during the peak of the whitetail rut in some of the best wildlife habitat in the Wild Horse Desert. But to consistently lure Boone and Crockett bucks is a feat. So too is fooling a coyote –one of the world’s wariest and most adaptable predators. Calling of this caliber – to within ear-scratching range – requires skills that largely disappeared with the passing of the American frontier. To routinely do so, in a wide range of habitat – from the badlands of the Rolling Plains, to the sandhills of the Texas Panhandle, to the brushland of South Texas – requires a combination of native talent, decades of experience, and a naturalist’s soul. Evidence of this came via Geococcyx californianus, the greater roadrunner. Wyman literally lived with roadrunners, capturing the birds’ lives in some of the most arresting wildlife photos ever taken. “I found six pairs that would actually accept me as a friend and let me go on hunts with them. For weeks during nesting season, I would hunt with these birds and get up near their nests and give them grasshoppers. I could even reach in and pick up one female out of the nest. I basically became a six-foot tall roadrunner,” he says. A friend suggested Wyman develop a book proposal featuring roadrunners. He did so, and The Roadrunner was published in 1993 to wide acclaim from wildlife biologists and fellow photographers. Texas Tech University Press has never let it go out of print. By the time I arrived in Benjamin at what I now refer to as the Meinzer Compound to meet with Wyman on the Four Sixes project, he had already been dubbed the State Photographer of Texas by Gov. George W. Bush. His CV included hundreds of cover shots and thousands of photo credits. Judith, our wise editor, had encouraged each of us to develop our individual visions of the Four Sixes. Then she and her editorial and design teams would weave together Wyman’s photography and my essay. Even though we were several months into the project, our paths crossed on the Sixes only once. For the life of me, I can’t remember why we thought a meeting necessary, but meet we did. Sylinda invited me in and said she’d have to find Wyman. Directly, I heard, “Wyman, get these traps out of the middle of my floor and go put them in the jail!” As I soon learned, one of the key features of the Meinzer Compound was the original Knox County Jail, which dates back to 1887. Wyman bought it decades ago. Nowadays, he stores everything from old photos to unruly guests out back. He and I spent the next few hours talking about guns, traps, buffalo hunters, and the 1841 Texas—Santa Fe Expedition. Soon it was time to run to Knox City for lunch. That afternoon, about an hour before I needed to get back on the road to Dallas, Wyman began our “meeting” by tossing two slides on his light table. “Which one you like best?” he asked. Both were gorgeous shots of cottonwoods along Dixon Creek. Not wanting to seem dense, I picked one. Wyman said, “All right then.” He nearly sent me into cardiac arrest when he ran his thumb through the other slide and tossed it into the trash can. We went through another dozen or so selections, each ending in the destruction of a slide I’d have been insufferably proud to have claimed as my own. In an instant, our conversation turned to rifle sights, and our project’s only scheduled meeting concluded. Last I heard, 6666: Portrait of a Texas Ranch is Texas Tech University Press’s all-time bestseller. Chafing at the financial limitations and artistic constraints in traditional publishing, the Meinzers founded their own publishing company, Badlands Design and Production, in 2007. One of Badlands’ first books, Working Dogs of Texas, had Wyman and me hanging out with coonhounds, prison dogs, bomb sniffers, police dogs – nearly every imaginable type of canine with a job. On a bitter-cold, drizzly night in East Texas, Wyman lay on the wet ground for half an hour, shooting up at three coonhounds hammering on a huge loblolly pine that held an inconvenienced boar coon. While Big Wayne McCray tried to keep his headlamp trained on the action, our host, Donny Lynch, said, “I swear, old Wyman is working his ass off.” The images just go on: Wyman atop a twenty-foot step ladder, shooting down at a snapping, snarling, leaping police dog; an airport beagle busting half a dozen Lufthansa passengers carrying banned fruit and meat in purses and backpacks; the two of us sloshing along a muddy ranch road after a day of hog hunting with blackmouth curs, Catahoulas, and pit bulls. Then we hear Sylinda’s voice come in over the speaker: “Where are you, boys? It’s wine time!” On a sweltering August afternoon in 2009, I arrived at the Compound and found two wolf pups cooling themselves in a water pan. A few days prior, a man had shown up with the wolf-husky hybrids and said if Wyman didn’t take them, they’d be put down. “Wyman, what in the world are you going to do with these wolf pups?” I asked. He shrugged. “Just love ‘em, I guess.” We were about to start a book about the 535,000-acre Waggoner Ranch. Wyman had already been shooting the ranch for several months, and offered to spend a couple days showing me around. First things first though. The fire pit was almost ready for steaks. Around midnight, a few glasses of merlot to the good, I asked what time I should be up the next morning. Wyman said we’d sleep in and maybe head out a little later. Late morning arrived at 4:30 a.m. with Wyman banging on my bedroom door. A big front was approaching, and he needed cloud shots. If we hurried, we’d be on the Waggoner just in time. Several miles north on Highway 6, Wyman was watching the road and the approaching cloud bank. Meanwhile, I wondered if we had time for me to puke in the bar ditch or if I should hang my head out the window. Just shy of the ranch boundary, Wyman pulled a U-turn that included a good portion of the southbound shoulder. “Hell with it,” he said. “It ain’t gonna make. Let’s go get some breakfast.” In November, at Cedar Top, one of the most storied cattle camps in cowboy lore, Wyman photographed the Waggoner wagon crew. Toward dusk, as the rich autumn light began to die out, it was easy to ignore the pickup trucks and the horse trailers parked beyond the chuck wagon and imagine the canvas teepees, wagon tent, and cook fire comforting cowboys coming in off the open range. Next morning, as the younger cowboys in Jimbo Glover’s crew jingled horses, we stood atop a trailer and watched the remuda approaching through the fog – Wyman with his camera mounted on a tripod, and me scribbling away with my pen and notebook. We talked little that morning, but both of us sensed we were capturing something important, something timeless. “Even though the Waggoner Ranch is only a few miles from where I’ve lived my entire life, it was always a closed world, its own little country, a mystery,” Wyman says. “Very few people set foot on the place, let alone spent months exploring it. I never dreamed I would have the opportunity.” I still can’t look at the cover of Under One Fence: The Waggoner Ranch Legacy without a touch of wonder. A few years later, we did Wagonhound: Spirit of Wyoming without crossing paths. The 200,000-acre Wagonhound Ranch lies in Southeastern Wyoming, along the Medicine Bow Range, in some of the prettiest country I’ve seen: high, boulder-strewn meadows surrounded by aspens, craggy granite peaks, bottomland hay meadows, shortgrass rangeland rising up to the foothills, all nourished by the clear, cold tributaries of La Bonte and Wagonhound Creeks. The book officially came out at the Wagonhound’s inaugural horse sale in September 2013. I met Wyman and Sylinda at the airport in Denver. We flew to Casper, rented an SUV, and drove to the ranch. Wyman went on about how he couldn’t wait to spend a few days without having to worry about photography. He’d left his tripods and big lenses at home. Of course, he’d brought a camera and a couple of lenses on the off chance he’d want to shoot a photo. When we pulled up to our cabin at Saddleback Reservoir, Wyman said, “Will you look at the stars reflecting on that water.” Before we could unload groceries, he was lying on the riprap dam. Sylinda and I stumbled about trying to steady his lens with an old saddle frame and a sofa cushion. He got his shot. Next morning at sunup, I woke to the sound of something large walking on the cabin roof. I considered downing a handful of maximum-strength extended-release something or the other and going back to sleep, but couldn’t resist an opportunity to glimpse a Sasquatch or a bear. Sylinda greeted me at the coffeemaker. “Wyman just couldn’t resist that view and this light.” Of course, climbing onto cabin roofs and crawling on riprap comes with a price. Every night before bedtime, the cabin smelled of the horse liniment Wyman worked into his sore knee. Our current collaboration will be our best yet: a photo study of a giant ranch in South Texas, one even more mysterious and closed than the Waggoner. Blackbrush and mesquite hide stone ruins dating back to the Spanish colonial era. Troneras – gun ports cut into the thick caliche walls – speak of the Lipan Apache, bandits, and the old Comanche Trace crossing the Rio Grande above Laredo. I’ve watched Wyman crawl around fallen timbers and rusted, hand-forged square nails, mindful of rattlesnakes, determined to exploit the best light and angles. Ubiquitous caracaras and other birds of prey hunt rich, mixed brush and savannah stretching to the horizons. During the rut, muy grande bucks come to skillful rattling. Wary old Santa Gertrudis bulls disappear into the scrub. Spring 2015 brought record rainfall and a display of wildflowers that neither Wyman nor I will ever see again. A few more South Texas images: Wyman running through fog and wet, waist-high grass to photograph two nice bucks in a desperate fight. You could hear their grunts and ragged breathing from 80 yards away. A reeking, hissing baby vulture in an old barn, doing its best to dissuade the photographer. It failed. A coyote pup scolding Sylinda from the brush a few yards off the back porch of the lodge. Three diamondback rattlers as thick as my arm. I could go on – and do, in our upcoming book. Looking back, Wyman says, “I’ve tried to preserve this untapped country in my images. The Waggoner, the Sixes, the Mesa Vista, the Wagonhound, our South Texas work – I hope I’ve left a footprint, a legacy that will be a source of pride for Sylinda, my boys, and our grandchildren. Every morning when I wake up, my goal is to get the best image of my life.” His hunting drive has ebbed in recent years. I suspect that Sam and Sue, his beloved wolfdogs, have played a part. “I walk with a softer heart now. I used to hunt all the time. That’s all I could think of. I still appreciate it, and I want future generations to appreciate hunting and their Second Amendment rights. But it’s not about killing. It’s about being on the range and appreciating the life ways of the creatures. At this point in my life, it’s about being outside, seeing the sunrise, seeing the animals.” ]]> 12322 0 0 0 Wyman Meinzer is the ultimate outdoorsman, a throwback to a day and age when hardy Americans not only knew how to live off the land but earned their daily bread doing so.]]> I could write a book about Wyman Meinzer. The truth is, I\u2019ve collaborated on four books with the guy, and I\u2019m taking a break from our fifth to pen this profile. You might expect me to start off by telling you when I met him or where I met him or how I met him, but I think it best to begin by telling you when I first learned of this wild man.<\/p>

  In the early 1980s, I was stuck behind a desk holding down a corporate job in Dallas. Like a lot of jobs in gilded cages, the pay was good. But I spent a fair amount of time daydreaming about the great outdoors. Subscriptions to Field & Stream<\/em>, Outdoor Life<\/em>, and Sports Afield<\/em> stoked this fever. Come hunting season, my idea of a great weekend was to load my dogs in the truck, drive all night, and arrive in the field by sunup.<\/p>

  One day back then, I was paging through American Hunter<\/em> and started reading about this guy from another era. Like me, he had a college degree, but instead of wasting away in an office, he went off and spent several winters trapping coyotes and bobcats in the Big Empty, that immense swath of West Texas that is home to iconic ranches such as the Waggoner, the Four Sixes, and the Pitchfork. I can\u2019t tell you how many times I read that article, savoring each photo and every word.<\/p>

  Turns out his name was Wyman Meinzer.<\/p>

  Hunter, trapper, naturalist, historian \u2014 Wyman came across like a throwback to a different era, a true-blue Teddy Roosevelt. In addition to his adventures on the Pitchfork, it turned out that he was an artist \u2014 one whose primary tool was a camera. I began looking for his photography credits and quickly learned that it was almost impossible to page through a national outdoor magazine without gawking at one of his too-close-for-comfort rattlesnake shots.<\/p>

  Several years later, articles by yours truly began to appear in regional and specialty magazines. In the early 1990s, when several of Wyman\u2019s photos made a quail-hunting story of mine in Texas Parks & Wildlife<\/em> look a lot more impressive than it was, it was a milestone for me. Although we\u2019d never met, I hoped that Wyman might recognize my name, too.<\/p>

  Around that time, I was researching my first novel, The Callings<\/em>. I poached Wyman\u2019s email address off a note from one of our editors. I had read a Dallas Morning News<\/em> story in which the reporter, the venerable Ray Sasser, mentioned Wyman\u2019s passion for Sharps buffalo guns. With more curiosity than hope, I sent Wyman an email asking for suggestions on books featuring the great bison hunters. A few hours later, I received a friendly reply with a list of out-of-print titles that I had no idea existed.<\/p>

  More importantly, I would never have found them on my own. Whatever the flaws of my first historical novel, it\u2019s not short on realistic details concerning the daily lives of the hide men, right down to their styles of skinning knives and methods of reclaiming bullets. I credit Wyman for that. Years later, I learned that Wyman\u2019s approval of my manuscript contributed to The Callings\u2019<\/em> acceptance and publication. Our brief back-and-forth was when I began to understand the depth of Wyman\u2019s respect for the history and ways of the Old West. He corrected an embarrassing error in the narrative. I mistakenly listed cyanide as a wolf poison. \u201cStrychnine,\u201d he informed me.<\/p>

  A decade later, I found myself at the 2002 Texas Book Festival in Austin. From across a crowded room, I saw Judith Keeling, my editor at Texas Tech University Press. \u201cGet over here! I\u2019m negotiating on your behalf,\u201d she yelled.<\/p>

  There, amidst a few hundred people dressed for a black-tie dinner, stood Wyman in his knee-high Russell boots, some unusually presentable jeans, and a fringed leather jacket. By his side, as always, was the beautiful Sylinda. She was sure enough dolled up for the festivities. Texas Tech planned to publish a work about the legendary Four Sixes Ranch<\/a><\/strong>. There had never been the slightest doubt as to the photographer. But the writer? That was still up in the air.<\/p>

  I walked up and shook hands with Wyman. Then we talked for a couple minutes. As I recall, some Austinites were bragging about the beauty and the general superiority of Austin in late October, and Wyman had had his fill.<\/p>

  \u201cLord, it was beautiful up home today. I sure as hell hated to leave and come down here,\u201d he said. He made sure to say it loud enough for every provincial within 50 feet to hear. The three of us enjoyed a good laugh. Then Wyman turned to me. \u201cYou \u2018bout ready to do this thing?\u201d he asked.<\/p>

  Thus began an adventure that continues to this day.<\/p>

  Although he has probably done more than anyone else to bring great ranches to the public\u2019s attention, cowboying never appealed to the Texas native. He and his younger brother, Rick<\/strong><\/a>, and their older sister, Patty, grew up on the League Ranch in Knox County. Their dad, Pate Meinzer, was foreman on the League.<\/p>

  \u201cThe signs came early,\u201d Wyman says. \u201cOnce we were old enough to ride, we had to work every day. But I was always more interested in watching wildlife and searching for arrowheads than working cattle. By the time I was 15, I knew I wanted to work in wildlife. But I had no idea that I would be a photographer.\u201d<\/p>

  When Wyman was seven, his grandfather, Gordon Cole, gave him a pair of 1\u00bd Victors traps. \u201cThat was one of the greatest gifts I\u2019ve ever received,\u201d he says.
  Throughout boyhood, he ran a trap line for skunks, raccoons, and possums. He got his first BB gun at five and a Stevens single-shot .410 at nine. Wyman still has that old Stevens and occasionally uses it.<\/p>

  Pate Meinzer often took the family coyote hunting at night. \u201cWe lived 11 miles out of town, so we weren\u2019t going to movies or anything like that,\u201d Wyman says.
  \u201cDad would load up Mom, Rick, Patty, and me, and we\u2019d hunt with nothing but a spotlight and a .22.\u201d<\/p>

  Coyote fever hit for good when he was 14. He left a party to go hunting with his dad and brother. \u201cWhen I got home late that night, I was worthless. All I could think about was coyote hunting.\u201d<\/p>

  The first coyote he ever called?<\/p>

  \u201cOctober 17, 1965. I was 14. It was 2:15 in the afternoon. I had a 30-30 Marlin with a Sears and Roebuck scope on it. I had two rounds to my name. I called two coyotes in at once. They broke and ran, and I shot the trailing coyote at 247 yards.\u201d<\/p>

  It\u2019s all there in his field notes. Since his early trapping days, Wyman has kept a detailed journal. As he grew into manhood, the embellished stories of his youth gave way to the meticulous notes of a disciplined naturalist.<\/p>

  His passion for the great outdoors and coyotes in particular led him to pursue a degree in wildlife management at Texas Tech. During his senior research project on coyote feeding habits, his principal professor loaned him a 35mm camera and suggested he take a few photos of his data.<\/p>

  \u201cI was hooked,\u201d Wyman says.<\/p>

  His first published photograph, of mating scissor-tailed flycatchers, graced the back cover of Texas Ornithological Bulletin<\/em> in 1976. In 1979, National Wildlife<\/em> featured a full-page photo of a roadrunner bringing a Texas collared lizard to its young.<\/p>

  In a single month, March 1982, Sports Afield<\/em>, Petersen\u2019s Hunting<\/em>, and American Hunter<\/em> ran Meinzer cover shots. His nascent photographic skills were quickly catching up with his talents as a student of the land.<\/p>

  In South Texas on one of the East Ranches<\/strong><\/a>, I watched Wyman grunt, paw the dirt, and clack his rattling horns for a few seconds. Then he paused.<\/p>

  \u201cHere comes one,\u201d Sylinda whispered.<\/p>

  The biggest white-tailed buck I\u2019ve ever seen was running straight at us. Then another impressive buck trotted into view. The big boy smelled a rival, swaggered in, and gave us a nice broadside look.<\/p>

  I watched Wyman rattle up dozens of bucks that week. When a spot had been rattled out \u2013 the bucks wised up or wandered off in search of hot does \u2013 Wyman\u2019s handmade calls would bring in coyotes.<\/p>

  In one instance, a South Texas bird of prey known as the caracara was charmed. Once, a bobcat, fooled by Wyman\u2019s dying rabbit call, jumped on his back. Another time, some curious javelinas showed up.<\/p>

  Yes, Wyman was calling during the peak of the whitetail rut in some of the best wildlife habitat in the Wild Horse Desert. But to consistently lure Boone and Crockett bucks is a feat. So too is fooling a coyote \u2013one of the world\u2019s wariest and most adaptable predators. Calling of this caliber \u2013 to within ear-scratching range \u2013 requires skills that largely disappeared with the passing of the American frontier. To routinely do so, in a wide range of habitat \u2013 from the badlands of the Rolling Plains, to the sandhills of the Texas Panhandle, to the brushland of South Texas \u2013 requires a combination of native talent, decades of experience, and a naturalist\u2019s soul.<\/p>

  Evidence of this came via Geococcyx californianus<\/em>, the greater roadrunner. Wyman literally lived with roadrunners, capturing the birds\u2019 lives in some of the most arresting wildlife photos ever taken.<\/p>

  \u201cI found six pairs that would actually accept me as a friend and let me go on hunts with them. For weeks during nesting season, I would hunt with these birds and get up near their nests and give them grasshoppers. I could even reach in and pick up one female out of the nest. I basically became a six-foot tall roadrunner,\u201d he says.
  A friend suggested Wyman develop a book proposal featuring roadrunners. He did so, and The Roadrunner<\/em> was published in 1993 to wide acclaim from wildlife biologists and fellow photographers. Texas Tech University Press has never let it go out of print.<\/p>

  By the time I arrived in Benjamin at what I now refer to as the Meinzer Compound to meet with Wyman on the Four Sixes project, he had already been dubbed the State Photographer of Texas by Gov. George W. Bush. His CV included hundreds of cover shots and thousands of photo credits.<\/p>

  Judith, our wise editor, had encouraged each of us to develop our individual visions of the Four Sixes. Then she and her editorial and design teams would weave together Wyman\u2019s photography and my essay. Even though we were several months into the project, our paths crossed on the Sixes only once.<\/p>

  For the life of me, I can\u2019t remember why we thought a meeting necessary, but meet we did. Sylinda invited me in and said she\u2019d have to find Wyman.<\/p>

  Directly, I heard, \u201cWyman, get these traps out of the middle of my floor and go put them in the jail!\u201d<\/p>

  As I soon learned, one of the key features of the Meinzer Compound was the original Knox County Jail, which dates back to 1887. Wyman bought it decades ago. Nowadays, he stores everything from old photos to unruly guests out back.<\/p>

  He and I spent the next few hours talking about guns, traps, buffalo hunters, and the 1841 Texas\u2014Santa Fe Expedition. Soon it was time to run to Knox City for lunch. That afternoon, about an hour before I needed to get back on the road to Dallas, Wyman began our \u201cmeeting\u201d by tossing two slides on his light table.<\/p>

  \u201cWhich one you like best?\u201d he asked.<\/p>

  Both were gorgeous shots of cottonwoods along Dixon Creek. Not wanting to seem dense, I picked one.<\/p>

  Wyman said, \u201cAll right then.\u201d<\/p>

  He nearly sent me into cardiac arrest when he ran his thumb through the other slide and tossed it into the trash can. We went through another dozen or so selections, each ending in the destruction of a slide I\u2019d have been insufferably proud to have claimed as my own.<\/p>

  In an instant, our conversation turned to rifle sights, and our project\u2019s only scheduled meeting concluded. Last I heard, 6666: Portrait of a Texas Ranch<\/em> is Texas Tech University Press\u2019s all-time bestseller.<\/p>

  Chafing at the financial limitations and artistic constraints in traditional publishing, the Meinzers founded their own publishing company, Badlands Design and Production, in 2007. One of Badlands\u2019 first books, Working Dogs of Texas<\/em>, had Wyman and me hanging out with coonhounds, prison dogs, bomb sniffers, police dogs \u2013 nearly every imaginable type of canine with a job. On a bitter-cold, drizzly night in East Texas, Wyman lay on the wet ground for half an hour, shooting up at three coonhounds hammering on a huge loblolly pine that held an inconvenienced boar coon. While Big Wayne McCray tried to keep his headlamp trained on the action, our host, Donny Lynch, said, \u201cI swear, old Wyman is working his ass off.\u201d<\/p>

  The images just go on: Wyman atop a twenty-foot step ladder, shooting down at a snapping, snarling, leaping police dog; an airport beagle busting half a dozen Lufthansa passengers carrying banned fruit and meat in purses and backpacks; the two of us sloshing along a muddy ranch road after a day of hog hunting with blackmouth curs, Catahoulas, and pit bulls. Then we hear Sylinda\u2019s voice come in over the speaker: \u201cWhere are you, boys? It\u2019s wine time!\u201d<\/p>

  On a sweltering August afternoon in 2009, I arrived at the Compound and found two wolf pups cooling themselves in a water pan. A few days prior, a man had shown up with the wolf-husky hybrids and said if Wyman didn\u2019t take them, they\u2019d be put down.<\/p>

  \u201cWyman, what in the world are you going to do with these wolf pups?\u201d I asked.<\/p>

  He shrugged. \u201cJust love \u2018em, I guess.\u201d<\/p>

  We were about to start a book about the 535,000-acre Waggoner Ranch. Wyman had already been shooting the ranch for several months, and offered to spend a couple days showing me around. First things first though. The fire pit was almost ready for steaks.<\/p>

  Around midnight, a few glasses of merlot to the good, I asked what time I should be up the next morning. Wyman said we\u2019d sleep in and maybe head out a little later.<\/p>

  Late morning arrived at 4:30 a.m. with Wyman banging on my bedroom door. A big front was approaching, and he needed cloud shots. If we hurried, we\u2019d be on the Waggoner just in time. Several miles north on Highway 6, Wyman was watching the road and the approaching cloud bank. Meanwhile, I wondered if we had time for me to puke in the bar ditch or if I should hang my head out the window. Just shy of the ranch boundary, Wyman pulled a U-turn that included a good portion of the southbound shoulder.<\/p>

  \u201cHell with it,\u201d he said. \u201cIt ain\u2019t gonna make. Let\u2019s go get some breakfast.\u201d<\/p>

  In November, at Cedar Top, one of the most storied cattle camps in cowboy lore, Wyman photographed the Waggoner wagon crew. Toward dusk, as the rich autumn light began to die out, it was easy to ignore the pickup trucks and the horse trailers parked beyond the chuck wagon and imagine the canvas teepees, wagon tent, and cook fire comforting cowboys coming in off the open range. Next morning, as the younger cowboys in Jimbo Glover\u2019s crew jingled horses, we stood atop a trailer and watched the remuda approaching through the fog \u2013 Wyman with his camera mounted on a tripod, and me scribbling away with my pen and notebook. We talked little that morning, but both of us sensed we were capturing something important, something timeless.<\/p>

  \u201cEven though the Waggoner Ranch is only a few miles from where I\u2019ve lived my entire life, it was always a closed world, its own little country, a mystery,\u201d Wyman says. \u201cVery few people set foot on the place, let alone spent months exploring it. I never dreamed I would have the opportunity.\u201d<\/p>

  I still can\u2019t look at the cover of Under One Fence: The Waggoner Ranch Legacy<\/em> without a touch of wonder.<\/p>

  A few years later, we did Wagonhound: Spirit of Wyoming<\/em> without crossing paths. The 200,000-acre Wagonhound Ranch lies in Southeastern Wyoming, along the Medicine Bow Range, in some of the prettiest country I\u2019ve seen: high, boulder-strewn meadows surrounded by aspens, craggy granite peaks, bottomland hay meadows, shortgrass rangeland rising up to the foothills, all nourished by the clear, cold tributaries of La Bonte and Wagonhound Creeks.<\/p>

  The book officially came out at the Wagonhound\u2019s inaugural horse sale in September 2013. I met Wyman and Sylinda at the airport in Denver. We flew to Casper, rented an SUV, and drove to the ranch.<\/p>

  Wyman went on about how he couldn\u2019t wait to spend a few days without having to worry about photography. He\u2019d left his tripods and big lenses at home. Of course, he\u2019d brought a camera and a couple of lenses on the off chance he\u2019d want to shoot a photo.<\/p>

  When we pulled up to our cabin at Saddleback Reservoir, Wyman said, \u201cWill you look at the stars reflecting on that water.\u201d Before we could unload groceries, he was lying on the riprap dam. Sylinda and I stumbled about trying to steady his lens with an old saddle frame and a sofa cushion. He got his shot.<\/p>

  Next morning at sunup, I woke to the sound of something large walking on the cabin roof. I considered downing a handful of maximum-strength extended-release something or the other and going back to sleep, but couldn\u2019t resist an opportunity to glimpse a Sasquatch or a bear. Sylinda greeted me at the coffeemaker.<\/p>

  \u201cWyman just couldn\u2019t resist that view and this light.\u201d<\/p>

  Of course, climbing onto cabin roofs and crawling on riprap comes with a price. Every night before bedtime, the cabin smelled of the horse liniment Wyman worked into his sore knee.<\/p>

  Our current collaboration will be our best yet: a photo study of a giant ranch in South Texas, one even more mysterious and closed than the Waggoner.<\/p>

  Blackbrush and mesquite hide stone ruins dating back to the Spanish colonial era. Troneras \u2013 gun ports cut into the thick caliche walls \u2013 speak of the Lipan Apache, bandits, and the old Comanche Trace crossing the Rio Grande above Laredo. I\u2019ve watched Wyman crawl around fallen timbers and rusted, hand-forged square nails, mindful of rattlesnakes, determined to exploit the best light and angles.<\/p>

  Ubiquitous caracaras and other birds of prey hunt rich, mixed brush and savannah stretching to the horizons. During the rut, muy grande bucks come to skillful rattling. Wary old Santa Gertrudis bulls disappear into the scrub. Spring 2015 brought record rainfall and a display of wildflowers that neither Wyman nor I will ever see again.<\/p>

  A few more South Texas images: Wyman running through fog and wet, waist-high grass to photograph two nice bucks in a desperate fight. You could hear their grunts and ragged breathing from 80 yards away. A reeking, hissing baby vulture in an old barn, doing its best to dissuade the photographer. It failed. A coyote pup scolding Sylinda from the brush a few yards off the back porch of the lodge. Three diamondback rattlers as thick as my arm. I could go on \u2013 and do, in our upcoming book.<\/p>

  Looking back, Wyman says, \u201cI\u2019ve tried to preserve this untapped country in my images. The Waggoner, the Sixes, the Mesa Vista, the Wagonhound, our South Texas work \u2013 I hope I\u2019ve left a footprint, a legacy that will be a source of pride for Sylinda, my boys, and our grandchildren. Every morning when I wake up, my goal is to get the best image of my life.\u201d<\/p>

  His hunting drive has ebbed in recent years. I suspect that Sam and Sue, his beloved wolfdogs, have played a part. \u201cI walk with a softer heart now. I used to hunt all the time. That\u2019s all I could think of. I still appreciate it, and I want future generations to appreciate hunting and their Second Amendment rights. But it\u2019s not about killing. It\u2019s about being on the range and appreciating the life ways of the creatures. At this point in my life, it\u2019s about being outside, seeing the sunrise, seeing the animals.\u201d <\/p>","drop_cap":"yes","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"5140175"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2015/10/u-s-forest-service-finalizes-colorado-land-exchange/ Mon, 19 Oct 2015 07:00:52 +0000 https://www.landreport.com/?p=12346 Mid-September saw the approval of a land exchange intended to safeguard public access to Wilson Peak in the San Miguel Range. Forest Supervisor Scott Armentrout’s decision sets the stage for the Forest Service’s acquisition of 680 acres owned by Skyline Ranch Trust, Alta Lakes, and the Trust for Public Land, while offering those parties 301 acres in four parcels of National Forest land. TPL’s decision to relinquish its claims to a total of 180 acres near and within Lizard Head Wilderness helped seal the deal. The exchange paves the way for the construction of nearly three miles of new biking trails – almost doubling the existing total – with the expressed goal of connecting mountain bike trails in the Telluride Ski Area with the Galloping Goose Trail. The Forest Service intends to finalize the land exchange in early November. Click here to read more.]]> 12346 0 0 0 https://landreport.com/2015/10/lands-best-friend-time-to-up-the-ante/ Wed, 21 Oct 2015 00:00:00 +0000 https://www.landreport.com/?p=12352 basics, your pup sits on command and stays for half a minute or so in a low-distraction environment. She usually comes when called in the house or the backyard. [caption id="attachment_12355" align="alignright" width="325"] The “Stay” command can be particularly challenging for pups like this outgoing Border Collie and the energetic Beagle (above).[/caption] Now it’s time to increase the number of distractions. At feeding time, make your pup “Sit” and “Stay.” Keep an eye on her while you fill her food pan. If she moves, immediately stop and then correct her. Hearing kibble hit her bowl will sorely test her. Now place the dish on the floor. If she breaks, catch her, and plunk her down in the original spot. After she’s sat looking at the food for about 10 seconds, call her to it – and you – with “Come.” Outside, snap a 20-foot check cord on her collar, and give the sit-stay command. Keep the check cord in hand as you back away, repeating “Stay.” If she starts to move, give the check cord a gentle flip so it pops her chin. If she moves, correct her. You may have to use a stern voice, but don’t yell. Eventually, you can drop the check cord. If she runs, step on the check cord, and pull her in with a stern “Come.” Then repeat the sit-stay lesson. Do: - Gradually increase backyard distraction. - Possible distractions include running kids, a clapping spouse, or the neighbor’s dog. Don’t: - End a session on a sour note. - Overlook going back to an easier task.]]> 12352 0 0 0 https://landreport.com/2015/10/sold-12756-acres-of-florida-timberland-for-14-67-million/ Thu, 22 Oct 2015 07:00:42 +0000 https://www.landreport.com/?p=12357 Coldwell Banker Commercial Saunders Real Estate brokered the deal in mid-July for the mature hardwood hammocks and forested wetlands located south of Mayo in Lafayette County. CBCSRE’s Tony Wallace and Jack Vogel of the Forestry Group oversaw the transaction on behalf of the seller, Mutual Land Company. The Georgia-based Southern Pine Plantations (SPP), which specializes in the acquisition and sale of rural land, purchased the commercial timber forest with tracts of planted pine, hardwood hammocks, and forested drains; the property is also prized for deer, turkey, and hog hunting. Currently, SPP has listed the land for $1,400 per acre. (SPP’s Benjamin “Benjy” Griffith III is a mainstay on the Land Report 100.) Read more HERE.]]> 12357 0 0 0 https://landreport.com/2015/10/new-yorks-plum-island-to-fetch-1-billion/ Mon, 26 Oct 2015 07:00:23 +0000 https://www.landreport.com/?p=12360 The rhetoric keeps ramping up surrounding the future of Plum Island at the eastern edge of Long Island. Two years ago, Homeland Security declared that in advance of shuttering the Plum Island Animal Disease Center in 2023, the entire island would be sold to the public. Donald Trump expressed early interest in buying the 843 acres, which could be worth north of $1 billion on the open market. Proceeds from the sale will help fund Plum Island Animal Disease Center's replacement: the National Bio- and Agro-Defense Facility, which is set to open in Kansas in 2021. Considering the federal government’s legal mandate to sell Plum Island in the next 5 to 7 years, it’s no surprise that entrepreneurs, environmentalists, and officials at the local, state, and federal levels have begun angling for an advantage. On September 28, the New York State Assembly’s Committee for Environmental Conservation agreed to lobby for the preservation of the pork chop-shaped island. According to various eco-advocates, potential development threatens wild populations of osprey, bank swallow, and painted turtles as well as dozens of other native species. Read more HERE.]]> 12360 0 0 0 https://landreport.com/2015/10/u-s-department-of-agriculture-incentivizes-ranchers-farmers-and-timber-owners/ Fri, 30 Oct 2015 07:00:07 +0000 https://www.landreport.com/?p=12377 In an effort to bolster declining honey bee populations nationwide, the USDA has set aside $4 million for a public-private conservation strategy. In the warm-weather months, Michigan, Minnesota, Montana, North Dakota, South Dakota, and Wisconsin welcome some 70 percent of the country’s commercially managed honey bees. But according to studies, pathogens, parasites, and pesticides were responsible for one-third of the bees perishing. To stem the crisis, the USDA began offering owners of farmland, ranches, and forests financial incentives to plant bee-friendly cover crops, wildflowers, and native grasses. Such flora helps supply the bees with enough food to boost their odds of surviving frigid temperatures. Read more HERE.]]> 12377 0 0 0 https://landreport.com/2015/11/land-values-in-corn-belt-shed-three-percent/ Mon, 02 Nov 2015 07:00:27 +0000 https://www.landreport.com/?p=12391

  Stalling commodity prices take their toll with corn off 21 percent and soybeans down 33 percent from 2014 highs. –The Editors

  MIDWEST — FOCUS The following conclusions are based on survey responses of 221 agricultural bankers in the Seventh District. The rally in corn and soybean prices toward the end of the second quarter may have temporarily quelled the decline in farm values. Then crop prices slid again in July. The 3 percent year-over-year decrease in farmland values for the second quarter of 2015 could also be the flip side of the rapid gains during the past few years. One percent of respondents expected farmland values to increase during the current quarter, while 40 percent projected them to decrease, and 59 percent projected them to stabilize. For a complete copy of the Seventh Federal Reserve District’s AgLetter, go to www.ChicagoFed.org.]]> 12391 0 0 0 https://landreport.com/2015/11/seven-year-sentences-for-bogus-hay-scam/ Wed, 04 Nov 2015 07:00:01 +0000 https://www.landreport.com/?p=12398 A Texas couple who fled the country with their seven children following indictment in an agricultural fraud scheme has begun serving 87-month sentence in federal lockup. The court also ordered 44-year-old Donald Winberg and his wife, Karlien, 33, to pay more than $1.5 million in restitution to victims of their scam. The story gained international notoriety after the Winbergs disappeared one year ago while awaiting trial in Denver. Prosecutors say the family bought a boat in Galveston, which they promptly ran aground; dramatic footage of the rescue of their young children riveted viewers. The Winbergs, who had given false names to authorities, proceeded to sail a second boat to the Bahamas. Several months later, a Louisiana couple recognized them from news reports and tipped off police. In April 2015 — a year after their initial arrest — both Winbergs pleaded guilty to wire fraud. In a series of emails stretching back to 2010, the duo claimed to own property in Idaho and Texas where they grew hay, straw, corn, potatoes, and other crops. They assured would-be victims that they successfully shipped thousands of tons of agricultural products a year and proceeded to request payment in advance. The Winbergs never made a single delivery. Read more HERE.]]> 12398 0 0 0 https://landreport.com/2015/11/king-ranch-purchases-the-boon-from-alice-walton/ Wed, 11 Nov 2015 07:00:03 +0000 https://www.landreport.com/?p=12417 King Ranch announced the purchase of THE BOON from Alice Walton and her Rocking W Ranch at the ranch’s dispersal sale. THE BOON is a seventh-generation descendant of OLD SORREL, King Ranch’s Foundation stallion and the cornerstone of its breeding program. He is also a grandson of PEPPY SAN BADGER, a King Ranch stallion that single-handedly changed the sport of cutting. “THE BOON is my favorite horse I have ever raised. THE BOON has a heart as big as Texas. There is no place I would rather see him than the world-famous King Ranch,” said Alice Walton. “King Ranch is pleased to add a sire with such an outstanding pedigree to our Quarter Horse breeding program as we continue the legacy of breeding the best possible horses into the 21st century,” said King Ranch President and CEO Robert Underbrink. THE BOON will be standing at Brazos Valley Stallion Station for the 2016 breeding season. Read more about THE BOON HERE.]]> 12417 0 0 0 https://landreport.com/2015/11/riding-high/ Mon, 16 Nov 2015 07:00:17 +0000 https://www.landreport.com/?p=12427 New York City native Kathryn Hall, 13, competes in the Winter Equestrian Festival in Wellington as well as in Lake Placid, Cleveland, Kentucky, Harrisburg, and the Washington International Horse Show. Ruler on Ice, the 2011 Belmont Stakes winner, was owned by her parents, Lori and George Hall.[/caption]

  A new study reveals that land values are riding at full gallop in Wellington.

    Renowned as the Equestrian Capital of the World, Florida’s exclusive enclave of Wellington has seen staggering increases in real estate values since the end of the Great Recession. Witness the current average of $515,000 per acre, an 89 percent jump in six years. But that’s only part of the story, according to Brad Scherer, president of Atlantic Western Realty Corporation. “What surprised me about our new study is the breadth of the total sales volume as well as the huge increase in price,” he says. A longtime local, the Florida broker authors the Wellington Land Report, a biennial study of market trends in the most expensive equestrian market in the U.S. The highly detailed report, which the company first published in 1996, examines all aspects of the market from gross sales to macro trends in the western reaches of Palm Beach County. The area first garnered international attention in the 1970s when it became a mecca for polo enthusiasts when Bill Ylvisaker and Alan Scherer, Brad’s father, launched the Palm Beach Polo and Country Club. The 2015 Wellington Land Report tells the story of a thriving local market bolstered by scarcity. Consider that in the past two years, 138 sales involving 800 acres in and around Wellington have totaled more than $412,545,000. “Even in my optimistic 2013 forecast, I didn’t expect us to exceed these highs to this extent,” Scherer says in a phone interview. “Our per-acre prices corrected dramatically during the Great Recession, but the 2015 study shows we’ve made that all back – and then some.” (In 2009, the price per acre dipped to $273,000, 47 percent below today’s market.) According to Scherer, one of the principal drivers of this upward trajectory is supply: only 15 percent of existing properties have come to market in the last two years. Market share is a second key driver. “In Wellington, there aren’t one or two owners who can move the needle; part of the strength of this market is that we are talking about almost 800 different owners,” he says. Those owners include Microsoft co-founder Bill Gates, who purchased an estate in Mallet Hill in 2013. (A year later, the property made headlines after racking up some $40,000 in local fines for an illegal horse-waste storage facility, an issue attributed to a paperwork error. The matter was swiftly resolved.) Gates’s older daughter, Jennifer, is a champion rider. Michael Bloomberg and Bruce Springsteen own properties nearby. Georgina Bloomberg and Jessica Springsteen are both competitive riders. In effect, each enjoys home-field advantage during the Winter Equestrian Festival from January through April, which attracts 250,000 visitors and 2,800 riders from around the world. John Malone, who sits atop the 2015 Land Report 100 at No. 1, purchased a 95-acre estate two years ago for $12.5 million. But you don’t have to be a financial genius to appreciate how Wellington’s geographical limitations affect land values. Flanked on two sides by Everglades National Park and by residential development to the east and north, Wellington simply cannot expand beyond the confines of its pricey picket fences. Scherer believes that “the best price protection of all is the pure private sector. Elsewhere, equestrian land or ranches have to be conserved artificially because of the economic pressure of development. But Wellington essentially conserves itself because no developer’s economic model will be successful here,” he says. Among the macro trends discussed in his current study is the South District Equestrian Preservation Area. Scherer says, “Our 2013 forecast was most bullish on raw land and development opportunities because of the great value disparity between available raw versus improved property values. This forecast proved to be accurate. In the past two years, raw land price appreciation outpaced improved property appreciation by 7X.” All of these factors have created an area of affluence unrivaled among the equestrian enclaves across the country. “Two years ago someone asked me if 8,000 acres were really worth $2.5 billion,” says Scherer. “Today that figure is $4 billion. Download Volume XI of the Wellington Land Report HERE.]]> 12427 0 0 0 https://landreport.com/2015/11/sold-idahos-big-wood-river-estate/ Wed, 18 Nov 2015 07:00:08 +0000 https://www.landreport.com/?p=12435

  Sun Valley Auction Makes History

  The sale of a 71.3-acre estate near Idaho’s Sun Valley ski resort set records in mid-September. Six bidders reportedly vied for the property, which was owned by former Lehman Brothers CEO Dick Fuld. Concierge Auctions reports receiving an opening bid of $20 million. With an opening bid of $20 million reported by Concierge Auctions, Big Wood River Estate wrested the top spot from a $19.25 million property in Jackson Hole as the most expensive home ever sold at auction. Once listed at $59.5 million, it boasts a trio of timber- and rock-clad residences including an 11-bedroom main home. A private trout-fishing stream plus 2,100 feet of riverfront land in the shadow of Bald Mountain add to the property’s allure. The chairman and CEO of Lehman Brothers until its bankruptcy in 2008, Fuld said he decided to sell Big Wood River Estate because he and his family rarely used it. Fuld also owns nearly 100 acres elsewhere in the upscale resort town. Read more HERE.]]> 12435 0 0 0 https://landreport.com/2015/11/a-timeless-legacy/ Mon, 23 Nov 2015 07:00:39 +0000 https://www.landreport.com/?p=12442

  Timber owners turn to Clemson University to steward special places.

  When Jo Claire Hanvey Hickson was a child, there were few things she enjoyed more than spending time on a timber tract her family owned in rural McCormick County, South Carolina. Located 15 miles from where she grew up and three miles from her grandparents’ farm, the 3,000-acre parcel had been in her family since the late 1800s when it was acquired by her great-grandfather. She describes the property as a park-like setting, with woods to explore and streams to cross and surprises at every turn. “We would pick pecans to sell, collect muscadine, pick the fruit off an old pear tree – it was just like grazing,” she recalls. “We just loved being there.” These experiences in rural South Carolina created a lifelong connection to the outdoors, and eventually led her to pursue a career in landscape architecture. Over the years, her family’s land was divided again and again. Given her interest in native trees, she and her husband, Dr. Harry Hickson, opted to turn their 163-acre parcel into a working timber site. With no children, the Hicksons eventually began thinking about who would care for the land as much as they did. “Lands that are not interrupted by roads and broken into small parcels are significant to the health of wildlife habitats,” she says. “So instead of dividing it among 10 nieces and nephews, we thought it was better to keep it intact.” Hickson has strong family ties to nearby Clemson University. Her great-uncles played on Clemson’s first football team, one of them under Coach John Heisman. Her father, all of her uncles, and a niece graduated from Clemson. Her mother worked at the university as a home economist. Back in the day, her brother Hal was Clemson’s football team manager. Currently, he is the farm manager at Clemson’s Coastal Research and Education Center. Knowing that the university had strong forestry and agriculture programs, she reached out for suggestions about what to do with her timber tract. Little did she realize that she was poised to enhance her family’s tradition of supporting one of the country’s most selective public research universities. In 2011, the Hicksons were among the very first to donate their land to Clemson’s Timberlands Legacy Program. The program, which was launched four years ago, is based on successful models already in place at several land-grant colleges, including Mississippi State. “When we first created the Timberlands Legacy Program, we were just coming out of the Great Recession,” says Laura Haselden, the Director of Real Estate with the Clemson University Real Estate Foundation (CUREF). “Our thoughts were that people might be more land rich than anything else, so it was an easier way for them to give.” The program is a good fit for Clemson. The university itself was conceived through a bequest from Thomas Green Clemson, who donated his family’s Fort Hill estate and other assets to the State of South Carolina. It was Clemson’s wish to utilize his family’s cherished lands to establish a college that focused on the teaching of agriculture. The similarity of Clemson’s bequest to the Timberlands Legacy Program is quite remarkable. Through outright or planned gifts, land is donated to the CUREF, which assumes the management, fees, and taxes. Revenues from timber harvests, hunting leases, and other income streams support scholarships, research, and other funding needs. Donors can specify particular programs, too. “Land is so personal. It’s not like cash gifts or stock donations that may generate returns faster. It’s more of a marathon as opposed to a sprint,” Haselden says. “Our goal is to reach those donors who have strong ties to their land and want to see it maintained as well as help students and future generations through education.” Haselden adds that donations to the program don’t necessarily require forfeiture of ownership. They can also be made in the form of a percentage of timber sales, timber rights, or hunting lease revenues. Timber legacy programs are proving more and more popular, especially for those without heirs. Others whose children have little interest in managing timberland also find the programs a compelling option. That was exactly the case with Knowlton Johnson, a 1964 graduate of Clemson’s forestry program. His gift, a legacy dedicated to his parents, Hazel and N.W. Johnson, was a 227-acre family farm. “In my case, I conceptualized Clemson as family,” he says. “I have two sons, urbanites with careers, and the only thing they could do is sell it off. That would defeat the purpose.” Although he was initially drawn to forestry, Knowlton ended up earning a PhD in social science from Michigan State University. He subsequently worked as a professor at the University of Maryland, the University of Alaska Anchorage, and the University of Louisville. In 1999, he started his own research firm. Eight years ago, he moved back to the South and started a tree farm on the land that was passed down to him. Although the Johnson Experimental Forest has not yet been deeded to the CUREF, students and faculty are already benefitting from it. “Since 2013, two Clemson forestry management classes have spent weekends on the property working on projects; a horticulture class spent the day designing a parking lot and bird sanctuary; a deer study has been conducted; and one student used the land for studies in his master’s thesis,” Knowlton says. Thanks to his renewed relationship with Clemson, Knowlton is also benefitting: talented forestry and wildlife students are working on specific projects and management plans while the land is still in his name. “It’s a specialized piece of property, so this might not have been a good fit for a university without a forestry department,” he says. “My goal is for it to be an avenue for students to have experiential education to go along with classroom studies.” When the time comes for Clemson to take title to the land, Knowlton has designated forestry programs as the beneficiary. He has also put a conservation easement in place. “If Clemson should decide it’s not profitable, they can’t sell it off for development. It has to be used as a tree farm.” Jo Hickson and Knowlton Johnson have chosen a path that aligns their deep connections to their land and their families’ legacies with a like-minded steward. “Clemson’s goals and my goals for the property coincide,” Hickson says. “And since we don’t have children, we see it as a living legacy as a forest, but also for the education of our youth.”]]> 12442 0 0 0 https://landreport.com/2015/11/land-report-november-2015-newsletter/ Sun, 15 Nov 2015 07:00:46 +0000 https://www.landreport.com/?p=12444 A megamerger totaling 13 million acres of timberland headlines our November newsletter, which also includes:
  • A timely update from the Chicago Fed on Corn Belt land values
  • A key initiative affecting landowners above the Ogalalla Aquifer
  • Controversy surrounding Teddy Roosevelt's Elkhorn Ranch
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, Pinterest, and Instagram.]]> 12444 0 0 0 https://landreport.com/2015/11/weyerhaeuser-and-plum-creek-merger-to-create-worlds-largest-timber-company/ Mon, 30 Nov 2015 07:00:57 +0000 https://www.landreport.com/?p=12453

  The massive timber giant will own 13 million acres.

  The proposed $8.3 billion transaction, which both boards of directors approved unanimously, would constitute the largest private ownership of land in the US. The combined entity will retain the Weyerhaeuser name. “These two companies are already best-in-class timberland managers with a relentless focus on sustainable resource management,” says Plum Creek CEO Rick Holley. “The breadth and diversity of our combined land and timber assets uniquely position the new company to capitalize fully on the improving housing market, continue to capture higher and better use land values across the combined portfolio, and create additional opportunities to build lasting value.” Under the terms of the all-stock transaction, Plum Creek shareholders will receive 1.6 shares of Weyerhaeuser stock for every share of Plum Creek stock. Weyerhaeuser shareholders should wind up owning about two-thirds of the company’s common stock. For the third quarter, Weyerhaeuser’s net income stood at $180 million, while Plum Creek’s earnings hovered around the $100 million mark. Read more HERE.]]> 12453 0 0 0 https://landreport.com/2015/12/it-works-founders-buy-little-bokeelia/ Wed, 02 Dec 2015 07:00:38 +0000 https://www.landreport.com/?p=12460

  Mark and Cindy Pentecost buy the104-acre Florida island for $14.5 million.

  What’s not to love about your own private island? Especially if it happens to be ideally situated off the Gulf Coast of Florida between Naples and Sarasota. Yet it took three years to market 104-acre Little Bokeelia Island. The one-of-a-kind property, which was listed with Klaus Lang of Michael Saunders and Company in Sarasota, sold this summer for $14.5 million in cash to Mark and Cindy Pentecost, the founders of Florida-based It Works! As with many unique properties, a meeting of the minds required considerable time and effort. The Tampa Bay Business Journal reports that Little Bokeelia first came to market in 2012 when it was listed for $29.5 million. The Pentecosts took notice and put in an offer, but it wasn’t accepted. In 2014, the price was reduced to $24.5 million, yet no takers emerged. Earlier this year, it was announced that all serious offers would be accepted. Lang recalled the Pentecosts’ interest in Little Bokeelia, and he contacted the couple’s broker about making another offer. The Pentecosts were interested and turned out to be one of five bidders on the island. Theirs was not the highest bid. Then again, price is not always the deciding factor. Of far greater importance to the sellers, Tom and Liz Munz, was the Pentecosts’ ability to close quickly. At the end of June, they accepted the Pentecosts’ offer, and a contract was signed; two weeks later, the sale closed on July 15. The final price was more than 50 percent below the original listing price. Little Bokeelia becomes the most recent addition to the Pentecosts’ portfolio of distinctive properties in the Sunshine State. They also own the Stoneybrook Golf Course in Bradenton, which was designed by renowned golf course architect Arthur Hills. Their other major holding is a 1,000-acre ranch in Myakka City, which is located in Manatee County. All three of these recreational tracts are used to entertain corporate guests as well as to facilitate company meetings and as a motivational incentive for sales team members at the Pentecosts’ company. According to Inc., It Works! is a direct sales company that markets beauty, wellness, and weight loss products. It Works! Global has thousands of independent direct-selling distributors in the U.S., the EU, and Australia. The Pentecosts founded the company in 2001 with a single product: the Ultimate Body Applicator, which was created by product development specialist Luis Mijares. [caption id="attachment_12463" align="aligncenter" width="588"] The recently renovated Spanish-style villa dates back to the 1920s and is ideal for entertaining corporate guests.[/caption] In recent years, It Works! has seen exceptional growth. In 2011, it was ranked No. 720 on the Inc. 5000. The following year, it jumped to No. 662. In 2013, the company moved up to No. 436, and last year it was ranked No. 290. In a recent interview in the Tampa Bay Business Journal, Mark Pentecost reported that It Works! had revenues of $538 million in 2014 and was on track for revenues of $700 million in 2015. The Pentecosts relocated It Works! from Michigan to Florida in 2011 and chose Bradenton as the site of their new corporate headquarters. The company’s Stoneybrook Golf Course is just minutes away, and the corporate ranch is less than an hour’s drive. And Little Bokeelia? It can only be reached by boat or by helicopter. “The island is just special,” Mark told the Tampa Bay Business Journal. “There won’t be anyone who goes there, I don’t think, that won't just totally relax.”]]> 12460 0 0 0 https://landreport.com/2015/12/offshore-wind-farm-nears-hearst-ranch-pushes-forward/ Mon, 07 Dec 2015 07:00:06 +0000 https://www.landreport.com/?p=12484 Officials with the Central California city of Morro Bay have signed a good-faith agreement with a Seattle-based company that intends to install 100 floating turbines some 600 feet above the Pacific Ocean. The network of turbines could generate a gigawatt of electricity, which translates into enough energy to power an estimated 300,000 homes. While Trident Winds emphasizes the fact that wind energy is inherently clean and green, some coastal activists fear the floating turbines, located 15 miles or so off the San Luis Obispo County shoreline, could prove unsightly. If approved, the project could take five to six years to complete. Wind energy remains a hot-button issue in the Golden State with Gov. Jerry Brown signing a law earlier this fall mandating that at least half of California’s electricity come from renewable sources by 2030. As it stands today, California ranks behind Texas as the national leader in wind energy, drawing approximately 8 percent of its electricity from 1,883 wind turbines. Read more HERE.]]> 12484 0 0 0 https://landreport.com/2015/12/land-report-top-10-new-yorks-burnt-point/ Wed, 09 Dec 2015 07:00:39 +0000 https://www.landreport.com/?p=12499 Listed for $95 million, this 25-acre East Hampton estate is one of the premier luxury waterfront estates available on Georgica Pond in Wainscott, New York. An award-winning showplace, Burnt Point is a nature lover’s paradise with sweeping views of greenery, the ocean and beyond! Featuring over 2,000 feet of Georgica Pond frontage, this expansive property includes an 18,000-square foot residence with a self-contained guest wing, clay tennis court with viewing pavilion; professional greenhouse; boat house; private beach and dock; waterside gazebo; and a waterside heated gunite pool with infinity edge, hot tub and waterfall. Frank Newbold and Ed Petrie of Sotheby’s International Realty and Mala Sander of the Corcoran Group have the listing.]]> 12499 0 0 0 https://landreport.com/2015/11/the-land-report-featured-on-cnbc-meet-the-biggest-land-owners-in-the-us/ Thu, 12 Nov 2015 07:00:21 +0000 https://www.landreport.com/?p=12766 HERE.]]> 12766 0 0 0 https://landreport.com/2015/11/the-land-report-in-forbes-magazine-americas-largest-landowners/ Tue, 03 Nov 2015 07:00:47 +0000 https://www.landreport.com/?p=12768 Forbes contributor Monte Burke took a closer look at The Magazine of the American Landowner in an article titled "America's Largest Landowners." Here's an intriguing excerpt:

  "The magazine's editor, Eric O’Keefe, and his staff do a great job reporting on major land deals in the US and showcasing some of our nation’s great properties. It’s an essential magazine for those with the means to buy these properties. But it’s also a thrill for folks like me who daydream about those featured 100,000-acre ranches with cold trout streams sluicing through them."

  Read more HERE.]]> 12768 0 0 0 https://landreport.com/2015/12/the-land-report-top-ten-winter-2015/ Tue, 15 Dec 2015 07:00:42 +0000 https://www.landreport.com/?p=12405

  The nation’s leading land listings feature an average price of $167 million. — The Editors

  1. Waggoner Ranch (Texas): $725 million Sam Middleton of Chas. S. Middleton and Son is broker of record on this record-setting 510,527-acre listing. Bernard Uechtritz of Briggs Freeman Sotheby’s International Realty is overseeing the international marketing effort. 2. Gemini (Florida): $195 million This nearly 16-acre South Florida compound, which is owned by the Ziff family, features 1,200 feet of Atlantic Ocean frontage and about 1,300 feet on the Intracoastal Waterway. Carmen D'Angelo Jr. of Premier Estate Properties is co-listing agent. 3. Rancho San Carlos (California): $125 million This 237-acre hilltop estate is perched high above the Pacific in Montecito. Ten residential cottages complement the Reginald Johnson-designed main residence. Suzanne Perkins and Harry Kolb of Sotheby’s International Realty Santa Barbara the listing agents. 4. Pumpkin Key (Florida): $110 million This 26-acre island in the Florida Keys sits between Key Largo and the mainland. Improvements include a main residence, two caretaker’s cottages, a dock master’s apartment, and an office. Accommodations and dockage at Ocean Reef transfer. Russell Post of Russell Post Sotheby’s International has the listing. 5. NEW! Cielo Vista Ranch (Colorado): $105 million Thousands of elk, a resident herd of bighorn sheep, and deeded ownership of 14,000 acres are a few high points of this 83,628-acre Sangre de Cristo ranch. Listed with Jeff Hubbard and Pat Lancaster of Mirr Ranch Group. 6. Sycamore Valley Ranch (California): $100 million Millions know this 2,698-acre holding (pictured above) as Michael Jackson’s Neverland Ranch. Jeff Hyland of Hilton & Hyland and Suzanne Perkins and Harry Kolb of Sotheby’s International Realty Santa Barbara have the listing. 7. Burnt Point (New York): $95 million This 25-acre East Hampton estate features an 18,000-square foot residence and 2,000 feet of Georgica Pond frontage. Listed with Frank Newbold and Ed Petrie of Sotheby’s International Realty and Mala Sander of the Corcoran Group. 8. Broken O Ranch (Texas): $81 million It’s hard to imagine more than 4,000 acres so close to a major metropolitan area, but that’s exactly the case with the Broken O, which is nestled less than half an hour outside of San Antonio. Listed with The duPerier Texas Land Man. 9. Y.O. Ranch (Texas): $75 million The Y.O. is recognized as a world leader in the management and preservation of exotic game. This iconic 29,000± acre Texas spread has been shepherded by the Schreiner family since 1880. Robert Dullnig of Kuper Sotheby’s International Realty has the listing. 10. Rancho Dos Pueblos (California): $65 million This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, Rancho Dos Pueblos is one of the largest remaining ranches along the Gaviota Coast. Kerry Mormann & Associates has the listing. Click here to view the video.]]> 12405 0 0 0 https://landreport.com/2015/12/ogallala-aquifer-initiative-focuses-on-nebraska-and-oklahoma/ Mon, 14 Dec 2015 07:00:05 +0000 https://www.landreport.com/?p=12506 Amid a decade of drought, USDA announced plans to invest another $8 million in the Ogallala Aquifer, the single largest aquifer in the U.S. The Ogallala also serves as the primary water source for the High Plains. According to Agriculture Secretary Tom Vilsack, the program should help farmers and ranchers conserve billions of gallons of water next year. “USDA’s Ogallala Aquifer Initiative helps landowners build resilience in their farms and ranches, and better manage water use in this thirsty region,” said Vilsack. “Since 2011, USDA has invested $74 million in helping more than 1,600 agricultural producers conserve water on 341,000 acres.” The 2016 efforts will emphasize programs in Nebraska and Oklahoma, though Colorado, Kansas, New Mexico, South Dakota, Texas, and Wyoming will benefit as well. Read more HERE.]]> 12506 0 0 0 https://landreport.com/2015/12/land-report-top-10-colorados-cielo-vista-ranch/ Wed, 16 Dec 2015 07:00:45 +0000 https://www.landreport.com/?p=12513 Listed for $105 million, Cielo Vista Ranch is one of the largest, most pristine private properties in North America. Meticulously managed for over a decade, Cielo Vista Ranch is home to thousands of trophy elk and deer, and huntable populations of Rocky Mountain Bighorn Sheep; adherence to strict harvest limits has made this ranch among one of the finest elk, deer, and sheep hunting properties in the world. With 83,368-acres, the ranch is also home to 100+ miles of private fishable creeks and streams, which host a variety of trout, including wild browns, cutbows, brookies and the native Rio Grande Cutthroat. Jeff Hubbard and Pat Lancaster of Mirr Ranch Group have the listing.]]> 12513 0 0 0 https://landreport.com/2015/12/house-passes-red-river-private-property-protection-act/ Thu, 31 Dec 2015 07:00:21 +0000 https://www.landreport.com/?p=12619 H.R. 2130 passed 253-177 on December 9, 2015. “For years, the Bureau of Land Management has been claiming ownership of land that belongs to private property owners along the Red River,” said Texas and Southwestern Cattle Raisers Association President Pete Bonds. “This is completely absurd, especially when you consider the fact that these citizens hold the deeds to this land and have paid taxes and successfully managed it for years.” The Obama administration strongly opposes H.R. 2130 because it “would set aside existing Federal surveys, divest the Secretary of the Interior of responsibility as surveyor of record for the United States, and transfer lands out of Federal ownership without ensuring a fair return to the taxpayer.” Read the BILL.]]> 12619 0 0 0 https://landreport.com/2016/01/2015-land-report-100-ted-turner/ Fri, 01 Jan 2016 07:00:32 +0000 https://www.landreport.com/?p=12741

  No. 2 Ted Turner

  2,000,000+ acres The owner of the world’s largest private herd of bison just acquired the world’s best loved bison habitat: the historic Standing Butte Ranch, which was featured in the Academy Award-winning Western Dances with Wolves (1990). South Dakota’s Capital Journal broke the news of the transaction in late September. Formerly known as the Triple U, the ranch encompasses almost 46,000 acres of natural prairie in Central South Dakota near Lake Oahe. In addition to an existing herd of 3,500 bison, it supports numerous other native species, including pronghorn antelope and white-tailed deer.]]> 12741 0 0 0 https://landreport.com/2016/01/land-report-100-simplot-family/ Fri, 01 Jan 2016 07:00:09 +0000 https://www.landreport.com/?p=12763

  No. 17 Simplot Family

  443,591 acres (up 21,091 acres) Sustainability serves as a guiding principle for Boise-based J.R. Simplot Company, which focuses on phosphate mining, fertilizers, farming, ranching, cattle, food processing, and other agricultural endeavors. The mastermind behind the frozen French fry, patriarch J.R. Simplot was credited with thinking green long before the concept existed. In 2015, the FDA approved the safety of Simplot’s trademarked Innate potato varieties, which boast fewer black spots from bruising and stay whiter longer. Even competitors concede it’s a game changer.]]> 12763 0 0 0 https://landreport.com/2016/01/2015-land-report-100-hunt-family/ Fri, 01 Jan 2016 07:00:15 +0000 https://www.landreport.com/?p=12827

  No. 50 Hunt Family

  200,000 acres The history of Hunt Oil Company dates back to the 1930s and the storied Daisy Bradford No. 3. Although H.L. Hunt focused on the East Texas Oilfield, his son Ray and Ray’s family now own and operate farms, ranches, and other landholdings in Arizona, Montana, New Mexico, Texas, Utah, and Wyoming through their family-owned Hoodoo Land and Cattle Company.]]> 12827 0 0 0 https://landreport.com/2016/01/2015-land-report-100-john-malone/ Fri, 01 Jan 2016 07:00:29 +0000 https://www.landreport.com/?p=12849

  No. 1 John Malone

  2,200,000 acres In 2015, the Malone Family Land Preservation Foundation paid $1.7 million for the 230-acre Gorrill Farmstead near Lawrence, Kansas. Not a big deal, right? Think again. The purchase reflects a handshake of far greater consequence. The Gorrill is a tract that its prior owner, The Land Institute, used to study perennial grain crops. Perennials live more than one year, yet current agriculture practices focus almost exclusively on ecologically taxing annuals. The idea behind perennial crop research is to develop grains that reduce the harm on the environment while saving farmers time and money. This piqued the interest of the Foundation, which pledged $1.5 million per year to a joint project with The Land Institute called the Perennial Agriculture Project.]]> 12849 0 0 0 https://landreport.com/2016/01/2015-land-report-100-jeff-bezos/ Fri, 01 Jan 2016 07:00:22 +0000 https://www.landreport.com/?p=12929

  No. 26 Jeff Bezos

  290,000 acres In mid-September 2015, Florida Gov. Rick Scott announced that Bezos’s Blue Origin had selected Cape Canaveral as a hub for manufacturing and launching its Orbital Launch Vehicle. Blue Origin was established by Amazon founder Bezos to develop vehicles and technologies to enable commercial human space transportation. The company has a long-term vision of greatly increasing the number of people that fly into space. Prior to Gov. Scott’s announcement, Blue Origin had utilized Bezos’s 290,000-acre Far West Texas ranch to launch its space vehicles. Click here to download the Winter 2015 issue of The Land Report, featuring the 2015 Land Report 100 sponsored by]]> 12929 0 0 0 https://landreport.com/2016/01/2015-land-report-100-emmerson-family/ Fri, 01 Jan 2016 07:00:01 +0000 https://www.landreport.com/?p=13016

  No. 3 Emmerson Family

  1,915,000 acres (up 54,000 acres) Sierra Pacific Industries (SPI) was founded in 1949 by Curly Emmerson and his son, Red. The company has been owned and operated by the family ever since and currently employs 4,500. The range of current projects in the works at SPI is staggering: in California, developing a significant conservation project at Lake Tahoe near the Northstar Ski Resort; in Washington, demolishing an old sawmill and replacing it with a new plant; acquiring Hurd Windows and Doors in Wisconsin; and producing renewable power from five cogeneration facilities in two states. Of note was the 2015 acquisition of 54,000 acres in Western Washington from Murray Pacific Corporation. Winter 2015 issue of The Land Report, featuring the 2015 Land Report 100 sponsored by Fay Ranches.]]> 13016 0 0 0 https://landreport.com/2016/01/2015-land-report-100-babbitt-heirs/ Fri, 01 Jan 2016 07:00:08 +0000 https://www.landreport.com/?p=13078

  No. 31 Babbitt Heirs

  270,000 acres President and fourth-generation family member Billy Cordasco oversees operations from the Northern Arizona outpost of Flagstaff, which includes a recent partnership with federal officials to reintroduce the endangered black-footed ferret to the wild. Click here to download the Winter 2015 issue of The Land Report, featuring the 2015 Land Report 100 sponsored by Fay Ranches.]]> 13078 0 0 0 https://landreport.com/2016/01/2015-land-report-100-eugene-gabrych/ Fri, 01 Jan 2016 07:00:31 +0000 https://www.landreport.com/?p=13095

  No. 50 Eugene Gabrych

  200,000 acres The jewel in the crown of Gabrych’s vast holdings in Nevada and California remains Rock Springs Ranch and Lodge, an 18,200-acre contiguous block of native grazing land ideally situated between the Salinas and San Joaquin valleys. Cattle share the property with tule elk, mule deer, and other game. Click here to download the Winter 2015 issue of The Land Report, featuring the 2015 Land Report 100 sponsored by Fay Ranches.]]> 13095 0 0 0 https://landreport.com/2016/01/2015-land-report-100-llano-partners/ Fri, 01 Jan 2016 07:00:23 +0000 https://www.landreport.com/?p=13235

  No. 32 Llano Partners

  265,000 acres With vast ranching, farming, and cattle operations throughout Texas and New Mexico, Hughes Abell remains the sole proprietor of an eponymous livestock operation while also offering leadership on the executive committee of the Texas and Southwestern Cattle Raisers Association as well as the National Cattlemen’s Beef Promotion and Research Board.]]> 13235 0 0 0 https://landreport.com/2016/01/2015-land-report-100-mccoy-remme-families/ Fri, 01 Jan 2016 07:00:09 +0000 https://www.landreport.com/?p=13290 No. 56 McCoy & Remme Families 174,300 acres These Texans own McCoy’s Building Supply as well as ranching operations in the central and western portions of the Lone Star State. They are equally well known for their charitable endeavors and support a multitude of organizations, including the Hays-Caldwell Women’s Center, the San Marcos Youth Shelter, and the Miriam McCoy Pet Adoption Center. They made a substantial gift to the School of Business at Texas State University, which now bears their name: the McCoy College of Business.]]> 13290 0 0 0 https://landreport.com/2016/01/2015-land-report-100-ford-family/ Fri, 01 Jan 2016 07:00:05 +0000 https://www.landreport.com/?p=13322

  No. 11 Ford Family

  625,000 acres In the 1930s, Kenneth Ford (1908–1997) started out with a single sawmill near Roseburg, Oregon. He bought timberlands that had been repossessed for non-payment of taxes. When the post-World War II housing boom hit, Roseburg Forest Products was poised to expand. Today, the company makes engineered wood products, lumber, plywood, and particle board. CEO Allyn Ford oversees timberlands in Western Oregon and Northern California along with manufacturing plants nationwide.]]> 13322 0 0 0 https://landreport.com/2016/01/2015-land-report-100-holding-family/ Fri, 01 Jan 2016 07:00:21 +0000 https://www.landreport.com/?p=13336

  No. 20 Holding Family

  400,000 acres Heirs of Robert Earl Holding, who launched an empire in 1952 with the purchase of an interest in a 24-hour gas station located in Little America, Wyoming, own land in that state as well as Montana, Idaho, and Utah, including Idaho’s Sun Valley Resort, which Holding purchased after his first time on skis.]]> 13336 0 0 0 https://landreport.com/2016/01/2015-land-report-100-cassidy-heirs/ Fri, 01 Jan 2016 07:00:19 +0000 https://www.landreport.com/?p=13368

  No. 49 Cassidy Heirs

  212,985 acres As a boy of 10, John Cassidy crossed the Atlantic from his native Ireland with nothing more than a pack on his back. He hauled bricks to make ends meet. Buying up Maine timberland at $2 and $3 an acre in the late 1800s, he founded Cassidy Timberlands, which is still based in Bangor with holdings throughout the Pine Tree State.]]> 13368 0 0 0 https://landreport.com/2016/01/2015-land-report-100-reed-family/ Fri, 01 Jan 2016 07:00:04 +0000 https://www.landreport.com/?p=13416

  No. 5 Reed Family

  1,370,000 acres 2015 marked an auspicious year for the Reed family’s Green Diamond Resource Company. At a ceremony near Shelton, Washington, the company’s chairman, Colin Moseley, planted a ceremonial tree, the 100 millionth the family has planted. “Just a few miles from here, my great-grandfather started Simpson Logging Company in 1890. One hundred twenty-five years later, we stand in a third-generation forest that will be harvested again somewhere around 2050, when our grandchildren will be running the company and making decisions for their grandchildren. It's quite a leap of faith.”]]> 13416 0 0 0 https://landreport.com/2016/01/2015-land-report-100-collier-family/ Fri, 01 Jan 2016 07:00:23 +0000 https://www.landreport.com/?p=13448

  No. 28 Collier Family

  280,000 acres After earning a cool million in advertising during the Jazz Age, Barron Collier lent his name to Florida’s 62nd county as he set about buying up acreage; his great-grandchildren continue to guide the clan’s diverse agribusiness efforts into the 21st century. Ongoing interests include mineral management and agriculture throughout the Sunshine State, including the USDA organic-certified Collier Family Farms near Naples. Photo Credit: Ave Maria Florida Homes]]> 13448 0 0 0 https://landreport.com/2016/01/2015-land-report-100-d-k-boyd/ Fri, 01 Jan 2016 07:00:19 +0000 https://www.landreport.com/?p=13468

  No. 39 D.K. Boyd

  244,332 acres This rancher, oilman, and West Texas native’s holdings include the 137,372-acre Frying Pan Ranch and the 106,065-acre LE Ranch, two of the most historically significant cattle operations on the South Plains. Each enjoys a legacy that dates back to the 1800s.]]> 13468 0 0 0 https://landreport.com/2016/01/the-2015-land-report-100/ Fri, 01 Jan 2016 07:00:43 +0000 https://www.landreport.com/?p=12316 It's HERE! The Winter issue of the Magazine of the American Landowner featuring the 2015 Land Report 100. Find out which landowning family added more than 500 square miles to their holdings. See where Jeff Bezos moved his Blue Origin, his commercial space transportation launching operations. (Here's a hint: It's no longer on his 290,000-acre Texas ranch.) And get a first look at Ted Turner Expeditions, an unparalleled ecotourism opportunity in New Mexico on Turner's 588,000-acre Vermejo Park, 360,000 Armendaris Ranch, and 156,000-acre Ladder Ranch. Other great reads include:
  • The Land Report 2015 Gear Guide
  • The 2015 Wellington Land Report
  • The sale of Little Bokeelia Island for $14.5 million
  • Clemson's innovative Timberlands Legacy Program
  Read all of these and more HERE.]]> 12316 0 0 0 https://landreport.com/2016/01/longstanding-dispute-festers-near-elkhorn-ranch/ Mon, 04 Jan 2016 07:00:26 +0000 https://www.landreport.com/?p=12540 With preliminary construction for a gravel-mining operation set to begin on 25 acres in Western North Dakota near Theodore Roosevelt’s former ranch, dozens of conservation groups are making a last-ditch effort to halt the plans. Eight years ago, the US Forest Service purchased property in the Badlands that also included a 25-acre tract once owned by the Eberts family. Mineral rights were not included in the sale. Soon thereafter, the owners of the Montana-based Elkhorn Minerals snapped up those rights with the intention of mining gravel, citing growing demand as a result of energy development in the Bakken Shale. Opponents of the mining efforts include members of the Boone and Crockett Club. The group initially raised $500,000 to help fund the government’s purchase (and preservation) of the property only to discover the mineral rights issue after the sale to Elkhorn Minerals was complete. The ensuing lawsuits have lingered in the court system for years. The Forest Service has consistently sided with Elkhorn Minerals, saying the company is operating within its legal rights. Read more HERE. Photo Credit: National Trust for Historic Preservation]]> 12540 0 0 0 https://landreport.com/2016/01/mixed-messages-on-midwestern-land-values-in-new-federal-reserve-report/ Thu, 07 Jan 2016 07:00:00 +0000 https://www.landreport.com/?p=12569 Farmland values remained stagnant in the third quarter with slight variations among the states served by the Chicago Federal Reserve District. Illinois and Iowa saw a small dip in the value of farmland, while Indiana held steady; Michigan and Wisconsin, meanwhile, enjoyed modest increases. Economist David Oppedahl, who pens the Chicago Fed’s quarterly AgLetter, anticipates that the fourth quarter might prove the most difficult yet of the fiscal year: “A majority of the survey respondents expected a decline in farmland values for the fourth quarter of 2015, hinting that the absence of a decline in the third quarter was merely a pause in a longer-term correction.” Corn can claim much of the credit for the overall stability in values. By contrast, milk and hog prices tumbled 31 percent with cattle prices down 7.4 percent compared to 2014. Oppedahl doesn’t foresee an uptick anytime soon. “Hog, cattle, and dairy farmers should expect to face lower prospects for net earnings this fall and winter relative to a year ago – quite a reversal in outlook from this time of year in 2014.” Read more HERE.]]> 12569 0 0 0 https://landreport.com/2016/01/white-deer-flourish-at-a-former-army-depot/ Mon, 11 Jan 2016 07:00:37 +0000 https://www.landreport.com/?p=12581 By Rosemary O’Keefe Thanks to a protected, predator-free environment, a herd of rare white deer has swelled to more than 200 at the former Seneca Army Depot in Seneca County, New York. In 1941, the Army opened the storage and disposal facility on 10,500 verdant acres. Eight years later, the first white buck and fawn were spotted on the property. Fast-forward another half-dozen years to when the depot commander, Col. Franklin Kemble Jr., issued orders not to hunt the white deer — a move widely credited with enabling the deer population to thrive through the ensuing decades. The Seneca White Deer breed freely with brown deer sharing their habitat; the ratio of brown to white deer currently runs 3-to-1. The fate of the white deer population seems uncertain as the Seneca County Industrial Development Agency weighs options for the property’s future. The nonprofit Seneca White Deer Inc. has proposed creating an ecotourism center at the Depot that would not only highlight the local fauna but also honor the area’s military history. Read more about Seneca White Deer HERE. Photo Credit: Carl Patrick]]> 12581 0 0 0 https://landreport.com/2016/01/ted-turner-expeditions-takes-off/ Wed, 13 Jan 2016 07:00:30 +0000 https://www.landreport.com/?p=12590 More than a thousand bison populate Turner’s Armendaris Ranch. The media pioneer played a pivotal role in protecting the American bison and maintains the world’s largest private herd.[/caption] | Photography Courtesy of Turner Ranches America’s visionary landowner launched yet another initiative, one that offers a select few more than a million acres of pristine prairie and mountain vistas to explore and to enjoy across much of New Mexico. Pioneering newsman, cable TV giant, ardent conservationist — Ted Turner is adding a new moniker to his long list of accomplishments: ecotourism innovator. [caption id="attachment_12593" align="aligncenter" width="588"] ABOVE: Five million bats take flight each night on the Armendaris, a spectacle that draws eager photographers and hungry hawks. OPPOSITE TOP: Going airborne is often the best way to experience portions of the vast ranches. OPPOSITE BELOW: Hikers on the Ladder Ranch descend to North Palomas Creek.[/caption] Three of Turner’s vast New Mexico holdings — Vermejo Park, the Ladder Ranch, and the Armendaris Ranch — now welcome guests for a range of guided activities including birding, hiking, mountain biking, ATV touring, hunting, fly-fishing, photo safaris, and more. Visitors bunk at the Vermejo Park Lodge, Turner’s personal residence on the Ladder Ranch, or Turner’s Sierra Grande Lodge & Spa in Truth or Consequences. “The idea for Ted Turner Expeditions has its roots in Ted’s own tradition of hospitality,” says Mike Friedman, managing partner for Adventure Partners, which has worked to develop Turner’s vision. “For years, Ted has hosted friends and dignitaries from around the world on these ranches. What he and his family had in mind was to take advantage of the great scale of the lands they own to create a luxury hospitality experience.” Friedman describes the trio of properties, which total more than a million acres, as “national park-quality habitats. With visitation to the country’s national parks growing each year, it’s becoming increasingly difficult to find solace especially at the more popular venues. But on Ted’s land, visitors feel like they have the whole place to themselves.” [caption id="attachment_12594" align="aligncenter" width="588"] LEFT: A desert bighorn sheep lords over the 360,000-acre Armendaris Ranch. RIGHT: The alpine basins and subalpine forests of 588,000-acre Vermejo Park are home to monster bull elk as well as countless other species.[/caption] Guests pining to see native wildlife certainly benefit from such tightly controlled access. At Vermejo Park, the 588,000-acre northernmost property, Rocky Mountain elk, black bear, and mountain lion abound. So do Rocky Mountain bighorn sheep, pronghorn antelope, golden and bald eagles, and red-tailed hawks. Turner acquired this largest remnant of the historic Maxwell Grant in 1996 and has carefully overseen the rehabilitation of its flora and fauna. To the south, Sierra Grande Lodge & Spa serves as a base camp for exploration of the Armendaris and the Ladder Ranch, which boasts the most biodiversity of the three properties and served as the longtime epicenter of Turner’s efforts with the federal Mexican wolf recovery program. Taken together, the three ranches make Turner the largest private landowner in the Land of Enchantment. “You’ll find some of the best neotropical bird-watching anywhere here,” says Friedman. “When Ted hosted Jimmy Carter at the Ladder, they spotted more than a hundred birds. The former president was able to add something like 20 new species to his list.” Perhaps one of the most breathtaking sights anywhere in North America occurs most summer evenings on the Armendaris. “At dusk, a mind-blowing five million bats fly out of the ancient lava tubes to go feast on insects. It’s literally a river of bats, an amazing natural phenomenon the likes of which you’d expect to see only in Africa.” [caption id="attachment_12595" align="aligncenter" width="588"] Ted Turner’s legendary hospitality is evident at his New Mexico properties: Vermejo Park (top), the Ladder Ranch (lower right), and the Sierra Grande Lodge & Spa in Truth or Consequences (lower left).[/caption] Exceptional sights, along with a wide range of activities, have spurred interest in Ted Turner Expeditions from visitors across America and around the world. “In the end, this is a legacy project for Ted and his family,” Friedman says. “The idea is to balance conservation with economic stability. It’s not easy to start a hospitality company to support your vision of biodiversity on your private lands. But Ted Turner has overcome much bigger obstacles in his career, hasn’t he?” For more information, visit www.TedTurnerReserves.com.]]> 12590 0 0 0 https://landreport.com/2016/01/land-report-100er-successfully-launches-and-lands-reusable-rocket-on-west-texas-ranch/ Mon, 18 Jan 2016 07:00:25 +0000 https://www.landreport.com/?p=12606 New Shepard on the launch pad at Jeff Bezos’s Corn Ranch. | Texas’s tallest mountain, Guadalupe Peak, looms in the distance.[/caption]

  Amazon.com founder Bezos pushes envelope with New Shepard.

  The nation’s 26th largest landowner, Jeff Bezos, made history on his 290,000-acre Corn Ranch in late November. Best known as the founder of Amazon.com, Bezos is also the driving force behind Blue Origin, a company whose goal is to make space travel available to paying astronauts. His team took a giant step forward on Nov. 23 by successfully launching and safely landing New Shepard’s unmanned capsule and its vertical landing booster rocket. The space vehicle raced at Mach 3 and reached an altitude of 329,839 feet (100.5 kilometers). Watch the historic takeoff and landing of New Shepard on the 290,000-acre Corn Ranch and from the upper atmosphere here.]]> 12606 0 0 0 https://landreport.com/2016/01/land-report-january-2016-newsletter/ Fri, 15 Jan 2016 07:00:43 +0000 https://www.landreport.com/?p=12653 Ten million acres of forest fires? That's how much land, public and private, went up in smoke in 2015. You'll learn more about this startling statistic in our January newsletter, and get updates on:
  • A 23,000-acre auction in Eastern New Mexico
  • A $46 million farmland sale in Northern Nebraska
  • An unexpected turn of events on the California coast
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Google+, Facebook, Twitter, Pinterest, and Instagram.
  ]]> 12653 0 0 0 https://landreport.com/2016/02/agriculture-sector-endures-second-straight-annual-decline/ Mon, 01 Feb 2016 07:00:23 +0000 https://www.landreport.com/?p=12662 The Department of Agriculture is projecting that 2015 will mark another down year for American farmers and ranchers with agricultural sector production projected to fall 9.2 percent to $427 billion. Contributing factors include increased global competition and a slowdown in demand from China. Net cash and net farm income reached all-time highs in 2013, but according to the USDA, both are forecast to decline for the second consecutive year with net cash income expected to fall by 27.7 percent and net farm income dropping by 38.2 percent. The latter percentage would be the largest single-year decline since 1983. Livestock receipts are projected to decrease by 12.0 percent ($25.4 billion) in 2015. The value of U.S. livestock production is also forecast to decline 12.3 percent (to $191.3 billion) as a large drop in receipts more than offset inventory expansion. Read more HERE.]]> 12662 0 0 0 https://landreport.com/2016/01/2015-land-report-100-langdale-family/ Fri, 01 Jan 2016 07:00:53 +0000 https://www.landreport.com/?p=12673

  No. 50 Langdale Family

  200,000 acres While steadfastly planting more trees each year since the 1930s than it harvests — more than 100-million seedlings to date — the Georgia-based Langdale Company has long practiced progressive environmental stewardship. The forest-products sector of the family-run business manages hardwood stands on 30- to 40-year rotations. John Langdale Jr. serves as company chair. John Langdale III is president and CEO.]]> 12673 0 0 0 https://landreport.com/2016/02/breaking-news-stan-kroenke-to-acquire-texass-waggoner-ranch/ Tue, 09 Feb 2016 07:00:28 +0000 https://www.landreport.com/?p=12694 Stan Kroenke has been approved by a Texas court to purchase the 510,527-acre Waggoner Ranch. The historic transaction will be the first-ever sale of the Waggoner, which was established in 1849, spans six Texas counties, and encompasses almost 800 square miles. The ranch’s asking price was $725 million; no terms were disclosed. “This is an incredible opportunity and an even greater responsibility,” Kroenke said in a press release. “We are honored to assume ownership of the Waggoner – a true Texas and American landmark – and are deeply committed to continuing the proud legacy of W.T. “Tom” Waggoner, his family, and his descendants. Our gratitude to them and to the many parties involved in this process is immense. We will continue to preserve and protect this uniquely American treasure.” Since 1997, Kroenke has completed more than 30 transactions. The acquisition of the Waggoner will vault Kroenke from the country’s ninth-largest private landowner to the fifth largest with total ownership of more than 2,000 square miles (1.38 million deeded acres). Bradley Wharton, a representative of the Wharton heirs to the Waggoner Ranch, stated, “Amid an emotional and, at times, trying sale process, we never lost sight of what we wanted in a new owner of this historic property: a keen sense of tradition, a love of the land, and loyalty to the people who work here. Measured by these standards, we are confident that Stan will be a great steward of the Waggoner legacy going forward.” Helen Biggs Willingham, representing the Biggs heirs, added, “The next chapter in the life of the Waggoner now begins under extraordinarily capable and committed new ownership in the form of Stan Kroenke. All Waggoner shareholders express our deep appreciation to him, and to the brokers and lawyers and advisors who worked relentlessly to make this watershed day possible.” Electra Biggs Moulder, namesake of her mother Electra Waggoner Biggs and great aunt Electra Waggoner Wharton, added, “I am so pleased that the legacy of the Estate is passing to the right man, who has shown a commitment to conservation and the Waggoner way of life.” Sam Connolly, General Manager of the U.S. division of Kroenke Ranches, explained, “As with all of our ranch properties, the land comes first. We are excited about integrating this second-to-none ranch with our ranch holdings in the United States and in Canada. This acquisition ties in perfectly with our cattle, wheat, horse and natural resource operations. We look forward to learning from and building on the remarkable heritage of this crown jewel of ranching.” Bernard Uechtritz of Briggs Freeman Sotheby’s International Realty in Dallas and Sam Middleton of Chas. S. Middleton & Son in Lubbock represented the owners in marketing and securing the buyer for the Waggoner. Joel Leadbetter of Hall & Hall in Bozeman and Sam Connolly, General Manager of Kroenke Ranches, represented Stan Kroenke. Glenn Johnson from Kelly Hart & Hallman in Ft. Worth and Lonny Morrison in Wichita Falls served as legal counsel to the respective owners of the Waggoner. Alan Rhodes and Lynn Tate from the Underwood Law Firm in Amarillo served as legal counsel to Mr. Kroenke. “Working with Stan Kroenke and his team at Kroenke Land and Cattle to help him build such an extraordinary multi-faceted agribusiness operation has been a high point for all of us at Hall and Hall,” said Joel Leadbetter. “Knowing that incredible history of the Waggoner will be shepherded by such a dedicated steward brings all of us tremendous satisfaction.”]]> 12694 0 0 0 https://landreport.com/2016/01/2015-land-report-100-d-r-horton/ Fri, 01 Jan 2016 07:00:57 +0000 https://www.landreport.com/?p=12788

  No. 23 D.R. Horton

  371,805 acres (up 109,000 acres) The Texas homebuilder acquired new lands in the Southwest, snapping up New Mexico’s 109,000-acre Double V Ranch in Chaves and DeBaca Counties. Formerly owned by Richard Evans, the Double V fell victim to the worst drought in more than a century. In 2014, Horton added the Great Western Ranch to his holdings, which also include Camp Horton, an 86,000-acre ranch in West Texas.]]> 12788 0 0 0 https://landreport.com/2016/02/sold-the-waggoner-ranch/ Wed, 10 Feb 2016 07:00:04 +0000 https://www.landreport.com/?p=12824

  Land Report 100er Stan Kroenke acquires Texas’s biggest ranch under one fence.

  Stan Kroenke has been approved by a Texas court to purchase the 510,527-acre Waggoner Ranch. The historic transaction will be the first-ever sale of the Waggoner Ranch, which was established in 1849, spans six Texas counties, and covers almost 800 square miles. The ranch’s asking price was $725 million; no terms were disclosed. The acquisition will vault Kroenke from the country’s ninth-largest private landowner to the fifth largest in the nation with total ownership of more than 2,000 square miles (1.38 million acres). “This is an incredible opportunity and an even greater responsibility,” Kroenke said in a press release. “We are honored to assume ownership of the Waggoner — a true Texas and American landmark — and are deeply committed to continuing the proud legacy of W.T. ‘Tom’ Waggoner, his family, and his descendants. Our gratitude to them and to the many parties involved in this process is immense. We will continue to preserve and protect this uniquely American treasure.” Joel Leadbetter of Hall and Hall in Bozeman and Sam Connolly, General Manager of Kroenke Ranches, represented Stan Kroenke. Sam Middleton of Chas. S. Middleton & Son in Lubbock and Bernard Uechtritz of Briggs Freeman Sotheby’s International Realty in Dallas represented the owners.]]> 12824 0 0 0 https://landreport.com/2016/01/2015-land-report-100-reynolds-family/ Fri, 01 Jan 2016 07:00:50 +0000 https://www.landreport.com/?p=12954

  No. 37 Reynolds Family

  250,000 acres In the years following the Civil War, the Reynoldses began ranching along the Clear Fork of the Brazos River near the frontier outpost of Fort Griffin, Texas. Brothers George Thomas and William David Reynolds registered the Long X brand, and the two began running their herds as far west as the Davis Mountains and as far north as Wyoming, Utah, Montana, Nebraska, the Dakotas, and Canada. Thanks to their success, they were able to establish a base of operations on ranches in Haskell, Shackelford, and Throckmorton Counties. In 1884, they incorporated at the First National Bank in Albany. In 1895, they acquired 232,000 acres in Jeff Davis County on which they established the Long X Ranch. The brothers’ heirs own ranches in Texas, New Mexico, Arizona, Montana, and North Dakota.]]> 12954 0 0 0 https://landreport.com/2016/01/2015-land-report-100-lykes-heirs/ Fri, 01 Jan 2016 07:00:52 +0000 https://www.landreport.com/?p=13038

  No. 12 Lykes Heirs

  615,000 acres From Florida orange juice to beef cattle in Texas, the Lykes family remains one of the most prominent agribusiness clans south of the Mason-Dixon line with a net worth north of $1 billion. Innovations with mechanical harvesters helped streamline operations at some 30,000 acres of Lykes Citrus groves, which produced more than 35 million gallons of orange juice. In addition to integrated cow-calf operations, Lykes Ranch also sets standards with its highly productive sugar cane and forestry programs. Photo Credit: Lykes Citrus Winter 2015 issue of The Land Report, featuring the 2015 Land Report 100 sponsored by Fay Ranches. ]]> 13038 0 0 0 https://landreport.com/2016/01/2015-land-report-100-hughes-family/ Fri, 01 Jan 2016 07:00:56 +0000 https://www.landreport.com/?p=13067

  No. 21 Hughes Family

  390,000 acres The Texas Parks & Wildlife Commission honored the Hughes family by christening a portion of the Devils River State Natural Area the Dan A. Hughes Unit. Hughes led a $10 million fundraising effort that resulted in the purchase of 17,000 acres along the Devils River in Val Verde County. “The acquisition of this culturally and environmentally unique piece of Texas could not have happened without Mr. Hughes’ spirit of generosity and leadership,” said Texas Parks and Wildlife Department Director Carter Smith. Photo Credit: Texas Parks & Wildlife Department]]> 13067 0 0 0 https://landreport.com/2016/01/2015-land-report-100-malone-mitchell-3rd/ Fri, 01 Jan 2016 07:00:51 +0000 https://www.landreport.com/?p=13223

  No. 22 Malone Mitchell 3rd

  384,000 acres In 2006, this West Texan sold his interest in Riata Energy to Chesapeake Energy cofounder Tom Ward for $500 million. Riata was renamed SandRidge, and the company then acquired Carl Icahn's National Energy Group for $1.5 billion. Mitchell sold his remaining SandRidge shares in 2007. Mitchell’s 350,000-acre Longfellow Ranch near his hometown of Sanderson offers world-class elk and mule deer hunts. Click here to download the Winter 2015 issue of The Land Report, featuring the 2015 Land Report 100 sponsored by Fay Ranches.]]> 13223 0 0 0 https://landreport.com/2016/01/2015-land-report-100-kenedy-memorial-foundation/ Fri, 01 Jan 2016 07:00:47 +0000 https://www.landreport.com/?p=13256

  No. 42 Kenedy Memorial Foundation

  235,000 acres NEW TO LIST This vast ranch owned by the Kenedy Memorial Foundation was created by Sarita Kenedy East in honor of her parents, John Gregory Kenedy Sr. and Marie Stella Turcotte Kenedy. The nonprofit Kenedy Foundation Ranch lies just an hour’s drive south of Corpus Christi, in the coastal bend of South Texas Rio Grande Plains, and features a vast range of climates. The ranch is comprised of four sections, including landscapes rich in natural diversity, from native prairie brush to coastal marshes and even a serene beach.]]> 13256 0 0 0 https://landreport.com/2016/01/2015-land-report-100-singleton-family/ Fri, 01 Jan 2016 07:00:46 +0000 https://www.landreport.com/?p=13305

  No. 7 Singleton Family

  1,100,000 acres Family patriarch Henry Singleton (1916–1999) was a man of science. The MIT graduate cofounded the industrial conglomerate Teledyne with George Kozmetsky in 1960. Twenty-five years later, he bought the historic San Cristobal Ranch in New Mexico’s Galisteo Basin just south of Santa Fe. Within a 14-year period, he acquired 28 other ranches. Currently, Singleton Ranches totals 1.1 million acres of deeded land. In addition to the family’s New Mexico holdings, the Singletons own and operate properties in California, including the Peachtree and Top Ranches in the Salinas Valley and the River Island Ranch at the foothills of the Sierra Mountains.]]> 13305 0 0 0 https://landreport.com/2016/01/2015-land-report-100-killam-family/ Fri, 01 Jan 2016 07:00:55 +0000 https://www.landreport.com/?p=13348

  No. 34 Killam Family

  255,000 acres Nearly half the family’s holdings consist of Duval County Ranch near the South Texas town of Freer, a once-distressed ecosystem that David Killam has worked tirelessly to restore. Today, the abundant wildlife includes trophy-class white-tailed deer, wild hogs, and javelina.]]> 13348 0 0 0 https://landreport.com/2016/01/2015-land-report-100-oconnor-heirs/ Fri, 01 Jan 2016 07:00:58 +0000 https://www.landreport.com/?p=13436

  No. 15 O’Connor Heirs

  500,000 acres Legendary Lone Star cattleman Dennis Martin O’Connor, who in 1887 inherited his father’s vast holdings in Aransas, Goliad, La Salle, McMullen, Refugio, and San Patricio counties, put down roots on 180,000 acres in Victoria County, where he proceeded to pioneer water-drilling operations that often struck oil. Fast-forward more than a dozen decades to a flourishing cow-calf operation catering to the heat-and tick-resistant Santa Gertrudis breed. Click here to download the Winter 2015 issue of The Land Report, featuring the 2015 Land Report 100 sponsored by Fay Ranches.]]> 13436 0 0 0 https://landreport.com/2016/02/wildfire-torch-record-acreage-in-2015/ Sun, 14 Feb 2016 07:00:09 +0000 https://www.landreport.com/?p=12690 Agriculture Secretary Tom Vilsack announced that wildfires burned a record 10,125,149 acres across the United States last year. The 2015 total eclipsed the previous record, which was set in 2006. Of last year’s blazes, more than 50 exceeded 50,000 acres, and 20 exceeded 100,000 acres. In addition, more than 4,500 homes and other structures were destroyed. Tragically, 13 wildland firefighters, including seven US Forest Service firefighters, perished in the line of duty. Vilsack cited these figures on January 6 when he renewed his plea for Congress to pass the bipartisan Wildfire Disaster Funding Act, which is budget neutral and has broad stakeholder support. Read more HERE.]]> 12690 0 0 0 https://landreport.com/2016/02/sold-13440-acres-of-northern-nebraska-farmland-fetches-46-million/ Mon, 15 Feb 2016 07:00:09 +0000 https://www.landreport.com/?p=12710 Farmers National Company announced the sale of a 13,440-acre Keya Paha County farm. The transaction closed in 2015. According to Brownfield Ag News, the $46 million sale price was a potential record for Northern Nebraska farmland. Dave Hickey and Robert Litz of Farmers National Company represented the seller, Summit Farms. The buyer’s details were not disclosed. The land consisted of nearly 6,400 acres of irrigated crop ground, watered by 49 center pivots. Also included were nearly 7,000 acres of pasture and hayland, 1.5 million bushels of grain storage, machinery storage, shop facilities, and a cattle feedlot facility. Hickey told Brownfield Ag News that the sale broke down to roughly $5,000-plus per acre for the irrigated cropland and $1,500 to $2,000 per acre for the pastureland and hay ground. Read more HERE.]]> 12710 0 0 0 https://landreport.com/2016/02/el-nino-drenches-california/ Wed, 17 Feb 2016 07:00:32 +0000 https://www.landreport.com/?p=12738 Above-Sverage Snowpack in the Sierras a Critical First Step Cattlemen, farmers, and other landowners are enjoying a much-needed wet spell after enduring several years of brutal drought. Snowstorms and thundershowers have drenched much of the Golden State and replenished bone-dry reservoirs to near-serviceable levels. And the good news is that the National Weather Service (NWS) in Sacramento is predicting more wet weather in the mountains through springtime. The latest snowpack figures from NWS Sacramento show that the Northern Sierras are 29 percent above normal levels, the Central Sierras are at 18 percent above normal, and the Southern Sierras are 17 percent above the norm. According to the forecast office, these numbers reflect the highest snowpack levels since 2011. Credit El Niño, which has been pushing storms eastward from Japan, north of Hawaii, and directly toward the California coast. For updates on climatic conditions, follow the National Weather Service Forecast Office in Sacramento on Twitter @NWSSacramento and NWS Los Angeles @NWSLosAngeles. ]]> 12738 0 0 0 https://landreport.com/2016/02/blm-hits-pause-button-on-wilks-swap/ Mon, 22 Feb 2016 07:00:25 +0000 https://www.landreport.com/?p=12752 BLM Central Montana District Manager Mark Albers announced that his office will not green-light a land exchange proposed by Wilks Ranch, an entity owned by Dan and Farris Wilks of Cisco, Texas. The decision, which was announced at a January 26 meeting of the Central Montana Resource Advisory Council, is the latest setback for the Land Report 100ers. Two years ago, an exchange proposed by Wilks Ranch was turned down; this week’s announcement concerned a 2015 proposal that would have obligated the Wilks to transfer more than 5,000 acres. Those lands included 3,600 acres in or adjacent to the Upper Missouri River Breaks National Monument. That acreage would have provided permanent access to 50,000 acres of public land within the Missouri Breaks currently inaccessible by vehicle. Alber’s decision was not final, but he deemed the complex nature of the exchange, which involved parcels in different counties, too time- and staff-intensive to be currently pursued. A Wilks Ranch representative told the Great Falls Tribune that the lack of an explanation for not pursuing the exchange was “cavalier” on the part of the BLM. “We’re sitting here in the dark yet again trying to understand what they think is the fatal flaw and why they are refusing to open up a public process to take an objective look at the proposal,” he said.]]> 12752 0 0 0 https://landreport.com/2016/02/land-report-february-2016-newsletter/ Mon, 15 Feb 2016 07:00:51 +0000 https://www.landreport.com/?p=12777 Thanks to his acquisition of Texas's Waggoner Ranch, Stan Kroenke vaulted from No. 9 on the Land Report 100 to No. 5 earlier this month. Read more about this historic sale in our February newsletter, and learn about:
  • A Napa estate once listed for $35 million that sold for $18.1 million.
  • The second straight decline in Midwest farmland values.
  • The uproar at the California Coastal Commission.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 12777 0 0 0 https://landreport.com/2016/02/powerful-agency-ousts-chief/ Mon, 29 Feb 2016 07:00:52 +0000 https://www.landreport.com/?p=12779 The California Coastal Commission voted 7-5 to dismiss Executive Director Charles Lester on Feb. 10. The vote took place after an emotionally charged meeting in Morro Bay. Lester had held the post since 2011. According to the Associated Press, the commission “received about 29,000 letters and emails, virtually all of them supporting Lester’s leadership. But a letter from the Los Angeles County Business Federation, an alliance of 155 business groups, faulted the commission’s staff for a lack of accountability and regulatory overreach.” Founded in 1972, the commission is tasked with protecting and enhancing California’s coast and ocean for present and future generations, and has sweeping authority over virtually all development along more than a thousand miles of coastal lands. Read more HERE.]]> 12779 0 0 0 https://landreport.com/2016/03/sold-robin-williamss-villa-sorriso-sells-for-18-1-million/ Mon, 07 Mar 2016 07:00:40 +0000 https://www.landreport.com/?p=12792 Set on 653 acres, the late comedian’s estate included an olive orchard, a spring-fed pond, a nine-stall horse barn, and 18 acres of vineyard within the Mount Veeder American Viticultural Area (AVA). But it was the 22,000-squarefoot, Portuguese limestone mansion built in 2003 that pushed the price through the roof. In addition to five bedrooms, six full baths, and five half baths, Villa Sorriso featured a library, theater, three safe rooms, climate-controlled cellars for wine and art, and smart-house technology. The estate grounds also included an infinity-edge swimming pool, tennis court, and rolling gardens. Originally listed for $35 million in 2012, it was taken off the market and subsequently relisted for $29.9 million two years ago. More recently, the price was lowered to $22.9 million. According to the Napa Valley Register, the Bordeaux winemaking family of Alfred and Melanie Tesseron purchased Villa Sorriso. The Tesserons were represented by Will Densberger and Rob Landsness of Pacific Union. Cyd Greer and Joyce Rey of Coldwell Banker Previews International shared the listing.]]> 12792 0 0 0 https://landreport.com/2016/03/midwest-cropland-pulls-back-3-percent-in-2015/ Mon, 14 Mar 2016 00:00:28 +0000 https://www.landreport.com/?p=12807 The Chicago Fed reports that farmland values in the Seventh District retreated three percent last year, matching the yearly decrease for 2014 and marking the first consecutive annual decline since the late 1980s. According to the district’s agricultural newsletter, which was prepared by Senior Business Economist David Oppedahl from responses submitted by representatives of 199 agricultural banks, the decrease in Corn Belt values was 7.5 percent from their peak in 2013 to the end of 2015. Although agricultural land values fell again in 2015, the total corn harvest in the five states that comprise the Seventh District was the third largest ever; the soybean harvest was an all-time record, besting the record-setting harvest of 2014. The Seventh District includes all of Iowa, the northern portions of Illinois and Indiana, the southern portion of Wisconsin, and the Lower Peninsula of Michigan. Read more HERE.]]> 12807 0 0 0 https://landreport.com/2016/03/on-the-block-new-mexicos-23000-acre-ute-lake-ranch/ Mon, 21 Mar 2016 07:00:01 +0000 https://www.landreport.com/?p=12818

  Ute Lake Ranch auction postponed until April 7, 2016.

  A February 19 auction of a 23,000-acre mix of deeded and leased land in Eastern New Mexico has been postponed by the court-appointed receiver until April 7. “The goal is to resolve these issues prior to the April 7th auction date,” said Mike Staheli of Cordes & Company in a statement. “The court believes this to be preferable to prospective buyers rather than resolving the issues after the auction.” Originally developed by Carma US along the shores of New Mexico’s second-largest reservoir, Ute Lake Ranch fell victim to the Great Recession. The development tract features a platted 44-lot subdivision that has already been approved and ready to sell. Existing lots range in size from 1.5 to 5 acres. Other tracts include excellent cow-calf country. For more information, contact Scott Burton at Mason & Morse Ranch Company at (575) 760-8088 or scott@ranchland.com or Joel King at United Country Dynasty Auction at (870) 847-0945 or jking@unitedcountrydynasty.com.]]> 12818 0 0 0 https://landreport.com/2016/03/2016-land-report-texas-issue/ Tue, 15 Mar 2016 07:00:52 +0000 https://www.landreport.com/?p=12831 The Land Report 2016 Texas issue is now available. It's time to think big! Our Texas issue features an in-depth cover story on King Ranch Quarter Horses. Henry Chappell and Wyman Meinzer have crafted a compelling profile of this historic endeavor in the heart of the Wild Horse Desert. The Land Report 2016 Texas issue also presents the Texas 10: a look at the largest landowners in the Lone Star State. Coverage also includes a first look at the sale of the 510,527-acre W.T. Waggoner Ranch to Stan Kroenke. This transaction marks the first sale of the DDDs since its founding in 1849.]]> 12831 0 0 0 https://landreport.com/2016/03/mexican-wolves-allowed/ Wed, 30 Mar 2016 07:00:30 +0000 https://www.landreport.com/?p=12842 The New Mexico Game and Fish Commission unanimously approved a request by the Turner Endangered Species Fund to import and temporarily hold Mexican gray wolves at Ted Turner’s Ladder Ranch. The decision, which was announced in February, followed a surprise move by the commission last year to deny the Ladder Ranch’s permit to assist the U.S. Fish and Wildlife Service with its Mexican wolf recovery program. The wolves are transported by Fish and Wildlife personnel from a wolf sanctuary in Washington to a facility in Mexico. The stop at the Ladder Ranch, which would be as soon as early April or as late as mid July, is to give the wolves a respite from travel-related stress. Read more HERE. Photo Credit: Albuquerque Journal]]> 12842 0 0 0 https://landreport.com/2016/03/land-report-march-2016-newsletter/ Tue, 15 Mar 2016 07:00:15 +0000 https://www.landreport.com/?p=12846 King Ranch’s 2015 acquisition of The Boon from Alice Walton’s Rocking W Ranch has spurred renewed interest in the iconic ranch’s Quarter Horse Division. The Land Report is proud to feature this cover story in the Magazine of the Texas Landowner, sponsored by Republic Ranches, in our March newsletter. Other news items include:
  • Farmland Partners (FPI) closes a $197 million transaction featuring 118 Illinois farms.
  • New Mexico Game & Fish permits Ted Turner's Ladder Ranch to hold Mexican gray wolves.
  • California's Eagle Ranch donates a 3,255-acre conservation easement near Atascadero.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 12846 0 0 0 https://landreport.com/2016/04/oil-prices-spur-investment/ Wed, 06 Apr 2016 07:00:58 +0000 https://www.landreport.com/?p=12866

  Sporting Ranch Capital announces a $100 million, Texas-only ranch fund.

  By Sarah Max Jay Ellis, an investment fund founder, may be the only person in Texas who is giddy about collapsing oil prices. “Oil is $33. Markets are in turmoil. The timing couldn’t be more perfect,” he wrote in a recent email. Although many in his state fret about the implications of cheap oil, Ellis sees it as an opportunity to buy another crucial asset: ranchland. “Right now, you’re seeing the first signs of panic,” said Ellis, who started Sporting Ranch Capital, based in Dallas. In 2012, the group, which is backed by Texas billionaire T. Boone Pickens, opened its first private equity fund to buy and restore ranch property throughout the West, including Colorado, Idaho, Utah, and New Mexico. Now Ellis is raising a $100 million, Texas-only ranch fund. The first fund focused on restoring and enhancing ranch property to improve hunting and fishing habitats, but the new fund is aimed at scooping up $15 million to $25 million “trophy ranches” from owners who want to sell quickly and quietly. “When you make your giant hit down here, you buy a ranch and a jet,” Ellis said. “The ranch goes first because your jet goes with your obituary.” In Texas, where wealth is measured not in dollars but in acres, land prices have for decades followed the price of oil. “There is this ongoing love for the land among Texans, to the point that if you are a Texan who gets wealthy, one of the first things you start to look at is a ranch,” said Charles Gilliland, a research economist with the Real Estate Center at Texas A&M University. Oil money helped drive statewide rural land prices to a record high of $2,354 an acre in 2014 — more than double the price per acre in 2004. Now, after the collapse of oil prices from more than $100 a barrel 18 months ago, Ellis is wagering that this link between land and oil will create opportunities to buy premium ranches at 2008 and 2009 prices, or about a 25 percent discount. “Texas pride is going to be a big part of this,” said Ellis, who said he had identified two ranches that fit his criteria but declined to offer details. The fund will offer sellers a quick close – 30 to 60 days – and spare them the indignity of listing their ranch at a reduced price. Investors will have access to hunting and fishing on fund-owned ranch properties during the holding period. The minimum investment is $1 million. Historically, rural land prices have closely tracked oil prices, typically with a one- to three-year lag, according to Texas A&M data going back to 1966. The starkest example of this link is the late 1980s oil shocks, when land prices plunged 30 percent in two years. Oil prices dropped 67 percent from November 1985 to March 1986. “It wasn’t just oil,” Gilliland said. “Tax laws changed to make real estate less attractive as an investment, and we had the savings and loans crashing and burning.” Over the last couple of decades, the Texas economy has benefited from the discovery of oil from shale. This has been a boon for land prices. Although mineral rights are part of the equation, the bigger component is recreation. “In Texas, everybody wants to own some dirt,” said D’Ann Harper, a broker and owner of Coldwell Banker D’Ann Harper Realtors, based in San Antonio. Land is also the preferred asset. “A lot of old Texas ranchers don’t trust the stock market, and they aren’t crazy about bonds, either, but they do understand land,” Gilliland said. Statewide land prices increased 79 percent from 2004 to 2008. After a 6 percent decline in 2009 — oil dipped below $40 a barrel during the financial crisis — land prices kept rising, increasing 31 percent from 2010 to 2014. “There were a lot of people after 2008 betting it would be like the 1980s. That never happened,” said David Burgher, a broker associate with the Ranch & Land Division of Briggs Freeman Sotheby’s International Realty. “I think people have gotten smarter and not knee-jerking.”

  “In Texas, everybody wants to own some dirt,” said D’Ann Harper, Coldwell Banker D’Ann Harper Realtors

  The Texas economy also appears to be more diversified. A 2015 report by the Federal Reserve Bank of Dallas estimates that, as of 2013, oil and gas accounted for roughly 13 percent of the income generated in the state but only 2.5 percent of the jobs. Although a drop in oil prices has affected job growth — Texas will lag the nation for the first time this century — more than a million jobs have been created across all sectors since 2012. “Strong oil prices didn’t hurt, but it’s not the only thing driving prices,” said Burgher, who said he had not seen a significant decline in land prices. “Clearly, the fact that oil prices are going down isn’t going to help ranch prices,” said Brian Sharpe, a US Trust market investment executive in Houston. Whether land prices will fall along with crude, however, remains to be seen. Not only is the economy more diversified, he said, but there are areas within oil and gas, namely refiners, that have not been hit as hard. “I’m not sensing any panic or abnormal stress,” he added. Statistics from Texas A&M support this observation. Prices per acre increased in each of the first three quarters in 2015, and preliminary numbers for the fourth quarter show the median price per acre hitting new highs. “I don’t think there’s any way we will be unscathed, but there are things that make it different than in the past,” Mr. Gilliland said. He said the large quarterly increase corresponded with a drop in typical acreage, which may suggest that it is the smaller ranches that are selling. “We’ve had a lot of inquiries because of the price of oil going down,” Ms. Harper said. “People are wondering if it’s a good time to buy.” It is the trophy ranches that, according to Ellis, are most dependent on crude. “Of course, it’s not going to look like the 1980s, but we think we can get premium ranches at 2008 prices,” Mr. Ellis said. “We don’t need 20 examples. We just need four or five of these big pieces.” Investors in the fund, he noted, will pay fees only on invested capital; if the fund cannot find suitable ranch land to buy, it will return investors’ money. It is too early to declare victory on the first ranch fund. Four of the five ranches it bought and restored are now on the market. “We are very confident returns are going to be in the high teens net of fees on our returns,” said Ellis, who, before starting Sporting Ranch Capital, ran Morgan Stanley’s institutional sales office in Dallas. It was there that he met T. Boone Pickens, who was a client, and eventually pitched to him the idea of a ranch fund. The original fund attracted 14 investors, including tech millionaires, and oil and gas billionaires, most of whom are from Texas. Ellis believes that a Texas-only ranch fund will draw interest from investors around the country, including institutions, assuming they can move quickly. At Republic Ranches, one of the largest ranch brokers in the state, a partner and broker, Bryan Pickens (no relation to T. Boone Pickens), is starting to see the effect of one year of $40 to $50 oil prices in some parts of Texas. “We thought prices would drop 3 percent to 5 percent, but it’s closer to 8 percent to 10 percent,” he said. And transaction volume “has definitely taken a breather.” Most buyers of premium ranches are Texans and have ties to oil and gas, whether directly or indirectly. “I think we will see some distressed sellers,” he said. And that is all it may take to make a Texas ranch fund viable, according to Ellis. Nobody could have predicted in June 2014 that oil was going to drop to $30 from $100, Ellis said. “It caught everybody by surprise.” And few people thought prices would stay so low for so long. “At a round table at Boone’s ranch last February, I stood up and started talking about the Texas fund idea, and it was a golf clap reception at best,” he said. “As more time goes on, cheap oil affects the entire state of Texas.” From The New York Times, January 18, 2016 © The New York Times Co. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of the material without express written permission is prohibited. ]]> 12866 0 0 0 https://landreport.com/2016/04/farmland-partners-closes-197-million-illinois-transaction/ Mon, 11 Apr 2016 07:00:13 +0000 https://www.landreport.com/?p=12879 The publicly traded real estate investment trust (NYSE: FPI) added to its portfolio of North American farmland by acquiring 118 Illinois farms totaling more than 22,100 acres. “This transformative transaction makes FPI one of the largest owners of farmland in the Midwestern United States,” said CEO Paul Pittman. “The increased scale of our operations will be reflected on our balance sheet and in our revenue, and the substantial number of new operators will add value to our volume purchasing program by increasing the total acreage operated by our tenants.” Consideration included $50 million in cash, 2,608,695 common units of limited partnership interest in the company’s operating partnership (OP Units), and $117 million in newly classified preferred OP Units. The common OP Units issued were valued at $11.50 per share, resulting in total consideration of $197 million. Farmland Partners’ portfolio is comprised of 257 farms with an aggregate of 107,888 acres (including 5 farms totaling 8,525 acres currently under contract) in Arkansas, Colorado, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, Texas, and Virginia. Read more HERE. Photo Credit: The Wall Street Journal]]> 12879 0 0 0 https://landreport.com/2016/03/horse-power/ Fri, 11 Mar 2016 00:00:00 +0000 https://www.landreport.com/?p=12916 King Ranch has long put a premium on its mare bands, a tradition that dates back to Captain King himself.[/caption] It’s an overcast December morning, and that’s a good thing in South Texas. The temperature is in the mid-60s. It could be 20 degrees warmer, and I know for a fact it could be 40 degrees colder. I’m perched atop a wooden fence at a cow camp south of King Ranch headquarters. In the dirt below, a crew of cowboys is working more than 200 calves in the Ebanito pens. Most city folk would find Ebanito a tad remote. (The truth is, they would never find it, not on the ranch’s 825,000-plus acres, and neither could I.) But Ebanito is a storied venue, a favorite of generations of King Ranch family members, and an ideal setting to watch top hands ply their craft. Robert Silguero eases his horse, a stocky gelding named A Lil Bit O Flash, in and among the red calves. A fifth-generation Kineño, Robert swings his riata like a gunslinger twirling a .45. His mount, a son of King Ranch stallion Marsala Red, is equally cool under pressure. The moment Flash senses the rope go taut, he quickly spins and proceeds directly toward the branding crew. Once the calf is in capable hands, Robert loops his rope and guides Flash back toward the huddle of red beeves. [caption id="attachment_12919" align="alignright" width="325"] A good working cow horse, such as this son of Marsala Red, is a Kineño’s most valuable tool.[/caption] Gaucho, paniolo, stockman, vaquero — the term for cowboy changes from region to region and country to country. As the ancestral home of American ranching, King Ranch has its own moniker: Kineño, a word whose etymology can be traced back to Richard King (1824–1885) himself. For more than a century and a half, those who labor on the ranch this rugged riverboat captain forged out of the Wild Horse Desert have been known as Kineños, the King’s Men. Below me in the rich, dark dirt, half a dozen Kineños are doing exactly what their fathers and grandfathers and great-greats did right here at Ebanito and at dozens of other cow camps on the great ranch’s four divisions. No doubt a Kineño from Captain King’s day would recognize countless aspects of today’s chores: the teamwork, the techniques, and the traditional gear. What he wouldn’t recognize is the horseflesh. In the mid-nineteenth century, horses in South Texas were much more compact. Descended from the wild mustangs from which the Wild Horse Desert takes its name, these hardy mounts were survivors. Three centuries of brutal selection pressure by man, beast, and Mother Nature had instilled in the Spanish mesteño an ability to do more with less. Rounded up as two-year-olds, they were completely unfamiliar with human hands, let alone saddles, bits, and bridles. They were corralled and broke using methods that would make any horseman wince. Richard King chose only the best mares for his manadas, and he sorted these bands of broodmares by color. In 1868, he traveled to Kentucky to acquire Thoroughbred stallions to cross with his mares. Through selective breeding to Thoroughbred bloodlines, the average size of a King Ranch horse gradually increased to more than 15 hands. The captain found a ready market for the get of these mares. Both the US and the Mexican armies were eager buyers. There were other interested parties, but they didn’t care to pay. Between 1869 and 1872, King Ranch lost nearly a thousand horses to rustlers. The best horses? Captain King kept those for himself and his Kineños. It takes about 30 minutes for Silguero and Flash to empty the pen of the first lot of calves at Ebanito. By the time they finish, both are bathed in sweat. So too are the Kineños branding the calves, including Cameron Nelms, the cow boss, and James Clement III, a sixth-generation descendant of Captain King. Other than Silguero and Flash, no one has an assigned task. Everyone works interchangeably, including Captain King’s great-great-great-grandson. I can assure you, however, that these men do not toil wordlessly. The camaraderie is palpable; laughter, warnings, and quick commands are bandied about. “That’s the way we work at King Ranch,” James says. “That’s also the way they work at the Beggs, my mother’s family’s ranch.” [caption id="attachment_12920" align="aligncenter" width="588"] James Clement III warms up a grandson of Mr. San Peppy, known affectionately as “El Diablo,” near Santa Gertrudis Creek.[/caption] An infantry Captain in the Marine Corps Reserve who deployed with Seventh Marines in Afghanistan’s Helmand province, the 31-year-old’s bio also includes several years working on big ranches in Australia and Florida as well as cowboying on King Ranch’s Encino Division. He always looks forward to the long drive out to the Rolling Plains to work cattle with two uncles, George and Ed Farmer Beggs. Those trips are fewer, however, now that he manages King Ranch’s Quarter Horse Division. A fresh roper, Rick Falcón rides into the pen. Barely in his twenties, Falcón, like Silguero, is the most recent member of his family to work on King Ranch. Like Flash, Falcón’s mount works calmly, ever sensitive to the tension of the rope. This process continues until the pens are empty. By noon, every hand has taken a turn roping. Only then does the crew break for a hearty lunch at the Ebanito Hunting Camp: carne guisada, pan de campo, charro beans, and gallons of iced tea. Dragging calves to the fire is old school. There’s many a cattle operation in North America that accomplishes the same chores with a mechanical squeeze chute. The cow boss knows this. But Cameron insists that his hands rope and brand as their forefathers did. It’s what makes a Kineño a Kineño. And it’s one thing that makes a King Ranch Quarter Horse a rock-solid cow horse. [caption id="attachment_12921" align="aligncenter" width="588"] Buddy Gonzales pushing calves through the Ebanito Pens on his four-year-old son of King Ranch sire, Kineño’s Moon.[/caption] After Captain King’s death in 1885, a son-in-law, Robert Kleberg Sr., and Kleberg’s nephew, Caesar Kleberg, augmented the ranch’s manadas with Standardbred and Thoroughbred bloodlines. Occasional infusions of Arabian, Morgan, and Kentucky Saddlebred were also added. Although first and second Thoroughbred crosses to the captain’s Spanish mares produced excellent ranch horses, the Klebergs opted not to perpetuate the old Spanish lines. Instead, they achieved greater success by introducing Standardbred bloodlines, which better tolerated the wilting South Texas sun. King Ranch Standardbreds excelled as carriage horses, and the Klebergs found a ready market for them in the years before the Model T. But the need for a calmer, more compact, and agile cow horse was becoming apparent. Robert Kleberg Jr. fell in love with a manada of beautiful mares known as the Wax Dolls just up the road from King Ranch in Alice. The only problem was they were owned by a savvy Quarter Horse breeder named George Clegg. Kleberg lacked the authority to buy one, but his cousin Caesar could. In 1916, one of the Wax Dolls and her suckling colt caught Caesar’s attention. He asked Clegg what he’d take for “a colt like that.” “One hundred and twenty-five dollars,” Clegg said. “I’ll take him,” Caesar replied. Clegg protested, saying he didn’t mean that particular colt, but Caesar held him to the deal. In short order, mare and colt were driven 25 miles to King Ranch. A few months later, the colt was weaned and the mare returned to Clegg. The young colt was especially easy to train. As he matured, he distinguished himself under the most demanding conditions. Known simply as “the Sorrel Horse” and later as “Old Sorrel,” he transformed the King Ranch horse herd from respectable to one of the world’s finest. Exceptional in his confirmation, temperament, and cow sense, Old Sorrel also transferred his qualities to his get. (By comparison, King Ranch’s most famous runner, Triple Crown winner Assault, was a disappointment in the stud barn.) [caption id="attachment_12922" align="aligncenter" width="588"] This classic Toni Frissell still from 1943 captures Kineños moving a remuda of cow horses at daybreak.[/caption] An initial breeding of Old Sorrel to 50 of the best Thoroughbred mares produced an impressive crop of foals, including a son named Solis, who was then bred to daughters from the same band of mares. The results proved to be so promising that King Ranch proceeded with a line-breeding program to preserve and perpetuate the best qualities of Old Sorrel and Solis. Two decades later, Bob Kleberg Jr. and several other prominent horsemen formed the American Quarter Horse Association to maintain breeding records, set conformation standards, and establish rules for competition. At their first meeting, during the 1940 Southwestern Exposition and Fat Stock Show in Fort Worth, the founders elected to issue the first registration number in the stud book to the winner of the 1941 stock show. The following year, that honor was bestowed upon a double grandson of Old Sorrel, owned by King Ranch, named Wimpy. Over the next 30 years, descendants of Old Sorrel ridden under King Ranch ownership earned millions in competition and won scores of major championships. To this day, the blood of Old Sorrel courses through the veins of every King Ranch Quarter Horse. [caption id="attachment_12923" align="aligncenter" width="588"] King Ranch’s Assault remains the only Texas-bred runner to win the Triple Crown. The son of Bold Venture dusted the field by a record eight lengths to win the 1946 Kentucky Derby.[/caption] In 1934, Bob Kleberg traveled 100 miles to Goliad to buy a mare from John Dial. During the course of the visit, Dial showed him Chicaro, a Thoroughbred stallion of impeccable breeding. Chicaro’s racing career had been mediocre, and he nearly died from neglect. But Dial recognized his potential, bought him right, and nursed him back to health. Kleberg saw in the stallion’s build the musculature he’d long admired and hoped to bring to his Quarter Horse line. The big bay returned to Santa Gertrudis. Now in possession of a racing Thoroughbred with excellent bloodlines, Kleberg sought out even better mares. On a trip to Lexington, he spotted Cornsilk, whom he later described as the most perfect mare he’d ever seen. As luck would have it, she turned out to be by Chicaro’s sire, Chicle. In 1936, Kleberg bought Cornsilk and seven other exceptional mares at Saratoga. Development of the King Ranch Thoroughbred stable had begun in earnest. The ranch’s Thoroughbred stable took a giant step forward when legendary trainer Max Hirsch convinced Bob Kleberg to buy the 1936 Kentucky Derby and Preakness winner, Bold Venture. Soon, the brown-and-white Running W silks became a regular fixture in the winner’s circle. Split Second, Dawn Play, and Ciencia won the Selima at Laurel, Coaching Club American Oaks, and the Acorn Stakes at Belmont Park. [caption id="attachment_12924" align="aligncenter" width="588"] Tio Kleberg pilots two-time NCHA Open World Champion Mr. San Peppy at the Frijol Camp at Norias.[/caption] A chestnut son of Bold Venture, out of Igual, was born at King Ranch in 1943. His name was Assault. The ranch’s Thoroughbred program was about to reach its zenith. During his three-year-old campaign, the Club-Footed Comet became the first, and to this day the only, Texas-bred runner to win Thoroughbred racing’s Triple Crown. In 1950, Assault’s half-brother, Middleground, just missed pulling off the same feat. He did, however, win the Kentucky Derby and the Belmont Stakes. When Bob Kleberg died in 1974, his granddaughter Helen “Helencita” Alexander stepped in to manage the Thoroughbred stable. Only 24, she’d spent much of her life at her grandfather’s side, learning the business of breeding, training, and racing Thoroughbreds. “Like a lot of young people, I had strong opinions, but not much experience,” she says. “Early on, my grandfather recognized my interest and passion. He saw that I knew all about pedigrees, so whenever people gathered to make decisions about the Thoroughbred operation, he made sure I was there to listen and put in my two cents.” Helencita quickly realized that Thoroughbred breeding and racing could be prohibitively expensive. To increase cash flow, she offered a few yearlings for sale. Several fetched considerable prices. “Even though we’d done pretty well, we still weren’t able to put a lot of money back into the business,” Helencita says. “I felt we needed a bigger investment if we were going to continue to be successful, but the family wasn’t that interested in Thoroughbreds.” In 1988, King Ranch sold most of its racing Thoroughbreds, but Helencita never lost her passion. She established Middlebrook Farm in Lexington and has served on the Breeders’Cup board of directors. She is a member of the Jockey Club and is a former president of the Thoroughbred Owners and Breeders Association. [caption id="attachment_12925" align="aligncenter" width="588"] Buster Welch and Peppy San Badger cut a lonely cow out of a sea of Santa Gertrudis also at the Frijol Camp.[/caption] In 1971, Stephen “Tio” Kleberg returned to King Ranch after graduating from Texas Tech and serving a two-year stint in the U.S. Army. The decades-long focus on Thoroughbred racing was readily apparent. “We had excellent brood mares, one or two bands at each ranch division, and some stallions,” Tio recalls. “My father and I would grade the foals and select 30 or 35 for the annual fall sale. Then I began to notice that it was harder and harder to get really top colts. My assessment was that we had great mares but no stallion power.” Tio suggested to his father that he pick a couple dozen mares and send them to outside stallions. “Go ahead, but you won’t have any luck. Good breeding stallions are very hard to come by,” Dick Kleberg responded. Tio and Joe Stiles, who ran King Ranch’s horse operation, went to competitions to find top stallions. They selected three and put six or seven mares with each one. Just as the elder Kleberg predicted, they got some great offspring, but not a single breeding stallion. In 1974, Tio and Joe met Buster Welch while he was campaigning for the National Cutting Horse Association (NCHA) on yet another Old Sorrel descendant. This one was named Mr. San Peppy. “We really took a liking to Mr. San Peppy, his confirmation, and his breeding, including King Ranch breeding,” Tio says. Afterward, the two horsemen went to Sweetwater to dicker with Buster. Tio offered to send mares to breed to Mr. San Peppy in hopes that Welch would sell his stallion. “We started weaning those colts in the fall of 1976, and they were truly outstanding,” Tio says. “We went back to Sweetwater, made the swap, and bought Mr. San Peppy with the agreement that Buster would come help us for a year to get the horse program put together.” By this time, the stallion was a two-time NCHA World Championship and an AQHA World Cutting Champion. During that initial year, Tio, Joe, and Buster picked the very best brood mares from each division – about 200 total. “We were really tough on them, their feet, legs, and disposition,” Tio says. From this evaluation, the best 50 were selected and bred to Mr. San Peppy. Buyers were thrilled with the get. In 1977, Buster received a call about a son of Mr. San Peppy owned by Joe Kirk Fulton named Peppy San Badger. The trainer asked Buster to help him campaign the young stallion. Buster rode him and loved him. Tio had to have him. Another horse trade was in the works. In the upcoming NCHA Futurity, Fulton could take the glory as Little Peppy’s breeder, but he was to be King Ranch’s horse. “So Buster showed him, and we won the Futurity. The rest is history,” Tio says. Peppy San Badger – “Little Peppy” – won the NCHA Futurity in 1977, the NCHA Derby in 1978, and was the NCHA Reserve World Championship in 1980. He was inducted into the AQHA Hall of Fame in 2008. Together, Mr. San Peppy and Peppy San Badger exerted an incalculable influence on the Quarter Horse breed and tens of thousands of top-notch cow horses. Mr. San Peppy remains Tio’s favorite. “The tougher it was, the better he liked it. He was Dick Butkus, and Little Peppy was Cassius Clay – a great athlete with great finesse.” Steve Knudsen signed on with King Ranch during these heady times. He spent the next four decades working in numerous roles before becoming manager of the Quarter Horse operation. Last year, he passed the baton to James Clement III. The two spent a full year in the harness together before Steve stepped down. “I learned a ton from Steve that year,” James says. “I thought I’d be working for him for years. I had no idea I’d be stepping in a year to the day after I came to work for him.” Prior to retiring, Knudsen set in motion the purchase of a stallion with the potential to enhance the genetics at King Ranch Quarter Horses much like Mr. San Peppy and Peppy San Badger did in the 1980s. [caption id="attachment_12926" align="alignleft" width="398"] When Alice Walton’s Rocking W Ranch announced its dispersal sale, King Ranch set its sights on a single stallion: The Boon.[/caption] Steve and James were browsing through the Western Bloodstock catalog for Alice Walton’s dispersal sale when Steve said, “That would be a heck of a thing for King Ranch to buy that horse.” By “that horse,” he meant The Boon, a son of Peptoboonsmal, whose lineage includes Old Sorrel, Mr. San Peppy, Peppy San Badger, and High Brow Cat. “Sometimes, your program needs a genetic shock from outside to get you to the next level,” James says. “The Boon brings that, and at the same time, preserves our lineage back to Old Sorrel.” Foaled in 2008, The Boon suffered a severe leg injury as a three-year-old and missed the Futurity. But Pattie Haney, Rocking W’s stallion manager, patiently nursed him back to health, and the Rocking W’s in-house trainer, Jesse Lennox, readied The Boon for competition. “I’d never ridden a horse that could stop like him,” Jesse says. “He’s so powerful and reachy. That extension comes down from Boon San Sally and a lot of others in Ms. Walton’s Rocking W program. The Boon is the pinnacle.” “The Boon is tremendously athletic and unbelievably cowy,” says elite trainer Phil Rapp. The Boon had to prove himself after two years in a cast. He started campaigning as a five-year-old and racked up winnings of $76,000 over the next two years. When it came time for the dispersal sale, King Ranch faced a challenge: The Boon would be its first purchased stallion since Futurity winner Dry Doc in 1983. (Buster Welch rode Dry Doc to victory in the 1971 NCHA Futurity, defeating his son Greg on Mr. San Peppy.) Overt interest by such a prominent bidder would have undoubtedly driven the price of The Boon higher. Instead of showing his hand, James relied on the expertise of Joe Stiles’s daughter, Heather, who performed extensive research and supported King Ranch throughout the acquisition process. “The Boon is my favorite horse I have ever raised. The Boon has a heart as big as Texas. There is no place I would rather see him than the world-famous King Ranch,” said Alice Walton in a press release. “This horse wants to work,” James says. “He’s stout. He wants to cut a cow. He’ll step up to a cow and challenge it. You can see the excitement in his face. A lot of people are comparing him to Little Peppy.” [caption id="attachment_12927" align="aligncenter" width="588"] James Clement III is charged with managing and running King Ranch Quarter Horses.[/caption] James pauses. Then he shifts perspectives. “When the Kineños see us buy a big-time stud like The Boon, they see our commitment to mounting them with the very best. There’s pride, a morale boost, and curiosity. The opportunity to throw a leg over a cow horse of this caliber helps us retain our best employees as well as recruit outside talent.” Ben Espy shadowed his Uncle Tio as well as Dr. John Tolkes, King Ranch’s longtime equine veterinarian. After studying biology at Duke, he decided to become a veterinarian himself and got his DVM at Texas A&M. He applauds the acquisition of The Boon. Says Ben, “The Boon is such an important step for King Ranch Quarter Horses. “I’m forever grateful to Tio and the other board members who supported our plan to buy an outside stallion to diversify the bloodlines.” Joe Stiles believes that The Boon will be a game changer. “He could mark the reentry into the big time for this program. You can’t go up against the big boys with ranch horses. You need outside blood, something known and popular bred. The Boon brings to King Ranch what Mr. San Peppy brought back in the day.” Bob and Helen Kleberg’s only child reigns as King Ranch’s matriarch. Helen “Helenita” Kleberg Groves was at her father’s side when the creation of the AQHA was first discussed at Santa Gertrudis. She worked cattle, competed in cuttings, and fox hunted – all on King Ranch horses. She too is excited about the acquisition of The Boon. “I’m delighted that family members have taken such an active interest in the operation,” Helenita tells me. “For my father, it was always about performance, performance, performance, whether he was talking about dogs, cattle, or horses. Ultimately, I want to see our Quarter Horses out in front again.” There’s a long stretch of lawn in front of the Ranching & Wildlife Headquarters at King Ranch. A series of small granite markers lies tucked away along its northern edge. These small rectangular memorials comprise King Ranch’s horse cemetery. The simple granite memorials are modest in every respect save one: terse mentions of larger-than-life achievements: foundation sire of King Ranch, Triple Crown winner, Kentucky Derby winner, National Cutting Horse Association World Champion, National Cutting Horse Futurity Champion. Old Sorrel, Hired Hand, Assault, Middleground, Anita Chica, Mr. San Peppy, Peppy San Badger – this scant patch of St. Augustine grass is the final resting place of immortals. One day, decades from now, I believe The Boon will join their number.]]> 12916 0 0 0 https://landreport.com/2016/04/sandow-lakes-ranch/ Fri, 15 Apr 2016 07:00:52 +0000 https://www.landreport.com/?p=12940 American white pelicans throng to the 14 lakes on Sandow Lakes Ranch en route to and from breeding grounds in the Northern Great Plains. Their menu includes largemouth and small bass, hybrid Florida bass, striped bass, bluegill, crappie, redear perch, sunfish perch, tilapia, channel catfish, and chad.[/caption]

  A sea of water rights is the highlight of this 33,777-acre Central Texas sanctuary, which balances endangered species and stewardship with industrial resources and productive agriculture.

  It defies the imagination, the story that Tommy Hodges is sharing. “That’s right. From the 1950s through the 1960s and 1970s and into the 1980s, this Alcoa plant was one of the largest aluminum smelters in the world. In our prime, the complex employed more than 2,400 people and produced a pound of aluminum every 11 seconds,” he says. Tommy’s words are hard to swallow because at this very moment we’re watching a pair of nesting bald eagles take flight just a stone’s throw from the industrial complex that was the epicenter of Alcoa’s operations. “They typically feed in those wetlands right below their nest. Plenty of little critters down in there. But what they really like is the tilapia in the cooling lake. Must be like sushi to them,” he adds. [caption id="attachment_12944" align="aligncenter" width="588"] Ample water and groves of old-growth trees enticed a pair of nesting bald eagles to Sandow Lakes Ranch.[/caption] Spring has sprung in Central Texas, and we’re at the start of a six-hour tour. Tommy tells me that’s about enough time to see less than half the 50-square-mile property. He pilots his Suburban down a dirt road along the eastern edge of the ranch and then points toward a thick clump of trees. “Over here on the right, you can see the natural buffer that lines the perimeter of the property,” he says. Pecan, hickory, and other hardwoods tower above a dense canopy of cedars, mesquite, and other invasive species. Impenetrable scrub and lack of sunlight hinder ground cover of almost any sort. “Now, on the left, you’ll get a good view of one of the reclaimed pastures,” he says. In the near distance, a gently sloping carpet of crimson clover and white clover undulates down to a shimmering sliver of blue water. Along the shore, a flock of wood ducks is barely visible, paddling about. “This clover packs a lot of nitrogen, which is just what this soil needs in early spring,” Tommy says. That was the comment that did it for me. I hit the brakes. Not on the Suburban but on our conversation. [caption id="attachment_12945" align="aligncenter" width="588"] In 1998, the Department of the Interior honored Alcoa for its rehabilitation of the Sandow Mine as "the Best of the Best."[/caption] Tommy’s business card clearly states his position: Energy Manager. Yet for the last 30 minutes, the man has been all about touchy-feely, tree-hugging notions such as increased biodiversity, habitat enhancement, and land rehabilitation. When he drops the term “approximate original contour,” I push the Pause button. I’ve never heard the phrase. He quickly explains. The New Mexico native signed on with Alcoa in 1978 and was posted to Sandow Lakes Ranch in 1983. Back then, Alcoa’s primary focus was mining the lignite coal that powered the smelters. But the Alcoa team was also charged with creating a new terrain, one that had the “approximate original contour” of the ranch itself. On the advice of soil specialists, Alcoa took the hard-packed clay that formed the traditional topsoil and replace it with loamy dirt unearthed by mining operations. The result? Simply stunning. The new topsoil exceeded Mother Nature’s best-laid plans. Whereas the original clayey soil was slow to drain and inhospitable to all but the hardiest plant life, the rehabilitated terrain is fertile ground for productive agriculture. “Last year, we produced 15,000 round bales without a drop of irrigation water,” Tommy says. When I ask him the ranch’s true capacity, he shrugs off the question. [caption id="attachment_12946" align="aligncenter" width="588"] The current production of round bales is at a fraction of true capacity.[/caption] “Three times that amount? Four times that amount? 50,000, 60,000 bales? I don’t know. We grow enough to pay the property taxes. That’s it. And if Alcoa grew much more, it would kill the market for round bales in who knows how many counties nearby. I won’t let that happen,” he adds. That’s not the story I anticipated when I first learned of Sandow Ranch Lakes. What I expected was a slick presentation from a Fortune 500 press agent. What I got was a good neighbor to a lot of folks in Milam, Lee, and Bastrop Counties whose stewardship has been recognized by the Department of the Interior as “The Best of Best.” Alcoa’s stewardship goes well beyond soil and grass, wildlife and waterfowl. It also includes the ranch’s most valuable asset: water. The 14 lakes on Sandow Lakes Ranch cover 1,960 surface acres and contain 48,379 acre-feet of the all-important resource. That’s just the start. Another 44,000 acre-feet of ground water is currently permitted from the Simsboro Aquifer. But wait – there’s more. An additional 14,000 acre-feet can be permitted out of the Simsboro Aquifer, which brings the groundwater total to 58,000 acre-feet. If that weren’t enough, yet another source flows right through the ranch. Sandow Lakes Ranch has 1952 diversionary rights from the Little River for another 18,000 acre-feet. [caption id="attachment_12947" align="aligncenter" width="588"] Rich pasturelands can be utilized to run cattle or to produce row crops.[/caption] All told, this ranch controls more than 120,000 acre-feet of water just 35 miles from Austin, 70 miles from Waco, 100 miles from San Antonio and Houston. That’s right. Smack dab in the middle of a state that is projected to double in population by 2050. In the second half of 2016, however, Alcoa is scheduled to separate into two standalone, publicly traded companies: an upstream entity that retains the Alcoa name thanks to its strong history in the aluminum and alumina markets, and a downstream value-add company called Arconic that will provide high-performance multi-material products. Sandow Lakes Ranch? It will be a part of neither. It is to be sold. [caption id="attachment_12948" align="aligncenter" width="588"] The hunting opportunities at Sandow Lakes Ranch are an untapped resource.[/caption]  ]]> 12940 0 0 0 https://landreport.com/2016/04/land-report-april-2016-newsletter/ Fri, 15 Apr 2016 07:00:40 +0000 https://www.landreport.com/?p=12952 New listings dominate our April newsletter, including Sandow Lakes Ranch in the heart of Central Texas. The 33,777-acre property is a multi-use powerhouse with substantial ag and hunting and the most water rights on the market in Texas today. Other featured listings include:
  • New Mexico's 74,000-acre Alamo Ranch, listed by Jeff Buerger at Hall and Hall.
  • Florida's 13,924-acre Southern Cattle Company, listed by Jon Kohler of Jon Kohler & Associates.
  • John Paul DeJoria's 96-acre Texas Hill Country estate, colisted by Horizon Realty’s Gregg Sellers and Dave Murray of DMTX Realty.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 12952 0 0 0 https://landreport.com/2016/02/stan-kroenke-acquires-waggoner/ Wed, 10 Feb 2016 07:00:33 +0000 https://www.landreport.com/?p=13088 Established in 1849, the Waggoner Ranch spans six Texas counties and covers almost 800 square miles. The 510,527-acre ranch’s asking price was $725 million; no terms were disclosed. “This is an incredible opportunity and an even greater responsibility,” said Kroenke in a press release. “We are honored to assume ownership of the Waggoner — a true Texas and American landmark — and are deeply committed to continuing the proud legacy of W.T. ‘Tom’ Waggoner, his family, and his descendants. Our gratitude to them and to the many parties involved in this process is immense. We will continue to preserve and protect this uniquely American treasure.” Joel Leadbetter of Hall and Hall and Sam Connolly, general manager of Kroenke Ranches, represented Stan Kroenke. Sam Middleton of Chas. S. Middleton & Son and Bernard Uechtritz of Briggs Freeman Sotheby’s International Realty represented the owners.]]> 13088 0 0 0 https://landreport.com/2016/04/2015-deal-of-the-year-standing-butte-ranch/ Fri, 15 Apr 2016 07:00:17 +0000 https://www.landreport.com/?p=13147 Formerly known as the Triple U, the Standing Butte Ranch’s 46,000 acres are native prairie grassland that has never been scarred by disc or blade.[/caption]

  A swath of Great Plains native prairie was days away from going to auction. Then Ted Turner stepped up.

  Like the American bison itself, the pristine prairie that nurtured this magnificent beast has long been in danger of extinction. In the nineteenth century, eager homesteaders brought traditional farming techniques to the farthest edges of westward expansion. In the twentieth century, ever-more advanced technology was utilized to convert the Great Plains into productive ag land. Recent spikes in commodity prices to all-time highs only exacerbated this trend. Although Stanley County was surveyed by Lewis and Clark’s Corps of Discovery in 1804, the Standing Butte Ranch did not fall victim to either Manifest Destiny or satellite farming. The Houck family made sure of that. Roy and Nellie Houck acquired the ranch in 1959 after their previous ranch was submerged beneath Lake Oahe. The Houcks were content to continue running cattle on their new ranch. Roy Houck decided to add a few bison. That’s when Mother Nature took over. What happened next was a rebirth, a renaissance. For the first time in almost a century, a native species was reunited with its native habitat. After the Civil War, the federal government instigated a scorched-earth policy aimed at starving the Plains Indians into submission. The key was to annihilate the buffalo. In 1873, Secretary of the Interior Columbus Delano wrote, “I would not seriously regret the total disappearance of the buffalo from our western plains, in its effect upon the Indians.” His hope and the hopes of commanders such as General Philip Sheridan were fulfilled. By the end of the 19th century, tens of millions of bison had been slaughtered; only a few hundred remained. [caption id="attachment_13150" align="aligncenter" width="588"] In September 1804, Lewis and Clark’s Corps of Discovery traversed the present-day site of Turner Ranches’ most recent acquisition. Thanks to the stewardship of the Houck family, what you see today is exactly what they saw more than two centuries ago.[/caption] What began as a novelty for the Houcks — running a few bison — eventually became a herd of 3,500 head. The impetus was a severe winter storm in 1966. An Arctic front blew down over the Great Plains. Snow began to accumulate. Drifts piled high. They grew so tall that the Houcks couldn’t get out of the house to feed their cattle or search for strays. When they were finally able to make their way out of the house and into the fields, they were shocked to see bison running and playing in the snow. It was a eureka moment. The Houck’s herd of bison grew from tens to hundreds and then thousands. So did the ranch’s renown. In 1989, the South Dakota Department of Tourism contacted the Houcks about a production company that wanted to use the ranch as a movie set. Few in Hollywood suspected that Kevin Costner’s epic Western Dances with Wolves would eclipse films such as Pretty Woman and The Hunt for Red October at the box office and gross more than $400 million worldwide. In addition to serving as the setting for the dramatic buffalo hunts presented in the film, the ranch also was the site of Fort Sedgewick, the remote outpost where Costner’s character, Lieutenant John Dunbar, was assigned. Nominated for 12 Academy Awards in 1991, Dances with Wolves won 7, including the most important of all, Best Picture. The film’s cinematographer, Dean Semler, did a masterful job of incorporating the ranch’s open range, deep breaks, and rambling creeks to superb effect. Semler’s eye for the land won him an Oscar too. [caption id="attachment_13151" align="aligncenter" width="588"] An Arctic storm that covered the Great Plains in snow convinced the Houcks to stock bison, not cattle.[/caption] After more than a half century of ownership, the Houcks decided to put the bulk of their ranch on the market. In addition to income from the bison herd, the ranch generates fees from the federal government for grazing 900 wild mustangs that were formerly on property belonging to the Bureau of Land Management. The family awarded the coveted listing to Tom Metzger of Hall and Hall; Scott Shuman at Hall and Hall Auctions began prepping for the sale, which was scheduled for July 9 in Fort Pierre. When word got out that the Dances with Wolves ranch was on the market, local and national press jumped on the story. Not long after the listing was announced, the family’s ranch was featured in The Wall Street Journal. [caption id="attachment_13152" align="aligncenter" width="588"] Few Americans have done more to protect and preserve a species than Ted Turner has with the bison.[/caption] But in late June, Hall and Hall announced that the ranch would no longer go to auction; a single buyer had emerged. Media interest grew. One candidate immediately stood out: the owner of the 141,000-acre Bad River Ranch 10 miles west of Fort Pierre, Ted Turner. In addition to his nearby operation, Turner’s longstanding commitment to the American bison and his ownership of Ted’s Montana Grill proved telling. Ten weeks later, a succinct announcement out of Atlanta confirmed Turner’s high-minded intent: “Turner Enterprises’ purchase of the property kept its size and scale intact, saving Standing Butte from being subdivided into multiple parcels at auction. Some of the parcels would have undoubtedly been plowed and farmed by new ownership, fragmenting the pristine native landscape.”]]> 13147 0 0 0 https://landreport.com/2016/04/deal-of-the-century-waggoner-ranch/ Fri, 15 Apr 2016 07:00:04 +0000 https://www.landreport.com/?p=13202 RICK PERRY, the Lone Star State’s longest-serving governor, was one of the many keen observers who thought there was little chance that the Waggoner would ever change hands.[/caption] It was my turn to smile. Most people following the fate of the Waggoner focused their attention on its colossal size – over a half million acres –or its Texas-sized attributes: more than a thousand oil wells, tens of thousands of cattle and horses, and enough history and colorful characters to make a movie. But not Rick Perry. I have no doubt that this only son of a longtime Haskell County commissioner could identify the power behind the throne in each and every one of Texas’s 254 counties, and that would include Wilbarger County. I nodded in agreement. “You don’t have a motivated seller,” he said. “You don’t have a set price. And that means the court will never sign off on such a sale. It’s not going to happen.” Point taken, Governor. Tom Waggoner (1852–1934) was to the Old West what Steve Jobs was to Silicon Valley. He endured the before, and he created the after. In 1869, Tom’s father, Dan, entrusted his son with $12. Then he put him in charge of a crew of cowboys. Tom’s task? To drive 5,000 steers more than 400 miles from his father’s ranch in North Texas to market in Abilene, Kansas. [caption id="attachment_13206" align="aligncenter" width="588"] TOM WAGGONER drove 5,000 steers through the Indian Territory, but he couldn’t corral his heirs.[/caption] Let that percolate for a moment. 1869 was seven years before Custer’s Last Stand. P.S. The Waggoner boy and his crew couldn’t trail their herd across Oklahoma. Why not? Because Oklahoma didn’t exist. Much of what is now Oklahoma was at that time known as the Indian Territory, home of the Comanche, the Apache, the Cheyenne, and Kiowa reservations. Is this the sort of chore you would give your 17-year-old? But Tom Waggoner did more than do his chore. He returned from Kansas with $55,000 in his saddlebags. Take a moment and pencil those numbers: $12 in; $55,000 out. That type of return created the largest ranch behind one fence in Texas. And while it was being created, Tom witnessed the end of the Old West. A good example would be the deal the Waggoners cut with the Comanche chief Quanah Parker to lease an enormous swath of the Indian Territory called the Big Pasture. Congress had set aside this open range for the benefit of Native Americans, not Texas ranchers. As the pressure built to nix the lease, the Texans held tight. They even had Quanah invite Teddy Roosevelt out to the Big Pasture to go wolf hunting. It may well have been the highlight of T.R.’s second term, but that didn’t matter. Losing the Big Pasture lease was a rare setback for Tom Waggoner. Another challenge that stymied him was what to do with his ranch. He had been his father’s only heir. Unlike Dan, however, Tom had multiple heirs. In 1909, he divided the ranch into four parts. The largest he kept for himself. The three smaller ranches he parceled off to Electra, E. Paul, and Guy. Maybe it was Electra’s million-dollar shopping sprees. Or Guy’s eight marriages. But in 1923, Tom took control of all four ranches and put them under the control of a single trustee: himself. The W.T. Waggoner Estate Ranch had become a Massachusetts business trust. Which is why Governor Perry was spot-on with his first point. When the equal beneficiaries of such a trust disagree, nothing much can get accomplished. As the 20th century drew to a close, the unwieldy nature of the Byzantine trust manifested itself. Guy’s two children were no longer shareholders; after their father’s death, they had sold their interests to their cousins. That left the heirs of Electra and E. Paul, and by the early 1990s, they were in court. The ins and outs of the complicated case would require a special issue of The Land Report, but in essence, the two sides were battling over whether or not to sell the ranch. And if there were a sale, at what price? And if one side of the family chose to remain on the ranch and not to sell its interest, which side that would that be? Neither contingent spoke to the other. This was especially uncomfortable for Electra’s grandson, A.B. “Buck” Wharton Jr., and Gene Willingham, who married E. Paul’s granddaughter, Helen Biggs. Although the two officed across the hall from one other in the W.T. Waggoner Estate Building, their principal means of communication was written memos. An avalanche of suits and countersuits literally went nowhere. They stayed put in the 46th Judicial District Court, where Judge Tom Neely and, subsequently, Judge Dan Mike Bird presided. To oversee the estate, Wilson Friberg was designated as court-appointed receiver. All the while, wealthy suitors journeyed to Vernon from across Texas and around the country to court the family. Media moguls, oil barons, millionaires, billionaires — none had any luck buying the ranch. Per Rick Perry, the contentious heirs and the nebulous price precluded a sale. Ultimately, a brutal scenario emerged: the Waggoner would go to auction. Sell off all 510,527 acres in parcels. Or give a single bidder the opportunity to acquire it in its entirety. The mineral estate would also be severed and sold to the highest bidder. So would the permanent improvements, rolling stock, ranch equipment, oilfield equipment, cattle inventory, horse inventory, and horse facilities. The W.T. Waggoner Estate Building in Vernon would go. So too would the Waggoner’s historic 3Ds brand. A new court-appointed receiver had been designated, and to Mike Baskerville, auctioning the Waggoner wasn’t the best option. It was the only option. Tearing apart the great ranch piece by piece was the sole approach to achieve Rick Perry’s most elusive condition: court approval. Baskerville had already retained veteran Texas ranch broker Sam Middleton of Chas. S. Middleton & Son in Lubbock to consult on essential documents such as a survey and a title policy. But when Middleton learned that an auction was in the works, he dissented. “I told Mike, ‘That’s the worst thing you can do: cut it up. It’s going to lose its identity by doing that,’” the Texan told me. Middleton wasn’t the only one thinking along those lines. On November 13, 2013, a hearing was scheduled in Judge Dan Mike Bird’s court. Its purpose was to approve the selection of a trio of companies to oversee the Waggoner Ranch auction. They never got the chance. [caption id="attachment_13207" align="aligncenter" width="588"] LEFT: E. Paul Waggoner and his brother-in-law, John Biggs, at the Palomino Club Parade. TOP RIGHT: Purchased by E. Paul Waggoner in 1945 for $5,700, Poco Bueno was grand champion stallion at the American Royal Livestock Show in Kansas City, Denver’s National Western Stock Show, Fort Worth’s Southwestern Exposition and Fat Stock Show, and the State Fair of Texas in Dallas. Per E. Paul’s will, Pokey was buried in a standing position across from the ranch entrance. MIDDLE RIGHT: An accomplished sculptress, Electra Waggoner Biggs stands beside Into the Sunset, her sculpture of Will Rogers astride Soapsuds on the Texas Tech University campus in Lubbock. LOWER RIGHT: Tom’s stylish daughter, Electra Waggoner Wharton.[/caption] Also present in the courtroom that Wednesday morning was Bernie Uechtritz with Briggs Freeman Sotheby’s International Real Estate. Like Middleton, Uechtritz believed auctioning the ranch to be a catastrophe. The two had first met at the 2012 Land Report Summit at the Mesa Vista Ranch [see The Land Report, Fall 2012]. By the morning of the hearing, Uechtritz had presented the families and their attorneys with a type of offer called a stalking horse bid for $550 million. The result? For the first time in decades, the two warring factions came to an agreement: to oppose the auction. Eight months later, the family was ready to move forward on its own terms. The Waggoner Ranch would be sold, but only to a single buyer. Uechtritz and Middleton would be co-listing agents. And the price? The princely sum of $725 million. On Aug. 6, 2014, it was announced that Judge Bird had signed off on the marketing plan. News of the 800-square-mile listing of the Waggoner Ranch ricocheted around the world. Thanks to a global marketing campaign, inquiries began pouring in from more than 130 countries, including India, China, and Australia. [caption id="attachment_13208" align="aligncenter" width="588"] The main gate at the Waggoner Ranch is a tribute to Tom Waggoner and features the years of his birth and his death, and the Comanche word for sweetgrass, sachueista.[/caption] Says Middleton, “We showed the ranch to somewhere between 10 and 15 individuals or groups from foreign countries.” At the Herring Coffee Shop in downtown Vernon, the arrival of each private jet at the Wilbarger County Airport fueled endless speculation. Any means was fair game to determine a prospect’s identity, including Googling a jet’s tail numbers. This worked with almost every prospective buyer, but it didn’t work with Joel Leadbetter’s client. For well over a decade, the Montana broker had kept a watchful eye on the great Texas ranch. Years had passed since his initial contact with the heirs and then Wilson Friberg, the estate’s first court-appointed receiver. But the timing wasn’t right. So the Hall and Hall broker waited. And he watched. In 2011, Baskerville replaced Friberg. Leadbetter kept watching. Three years later, when Bird signed off on the marketing plan, Leadbetter made his move. “When the ranch got listed, my first phone call was to Sam Middleton,” Leadbetter says. “I said, ‘Sam, you and I both have been down this road with this ranch. I think you guys are wasting your time.’ And Sam said, ‘Joel, I would tell you if I thought we were, but I really believe the stars are aligned. This deal’s going to happen.’” Based on Middleton’s assessment, Leadbetter called his client: Stan Kroenke. Sports fans worldwide know Kroenke as the largest shareholder of Arsenal FC. His Kroenke Sports Enterprises owns the NBA’s Denver Nuggets, the NHL’s Colorado Avalanche, MLS’s Colorado Rapids, and NLL’s Colorado Mammoth. Earlier this year, NFL owners approved the return of his Rams to Los Angeles after a 20-year absence. Readers of The Land Report know Kroenke for his ownership of legacy ranches such as British Columbia’s Douglas Lake Ranch, Wyoming’s Q Creek, and Montana’s Broken O. The acquisition of the Broken O by Kroenke Ranches from the heirs of Bill and Desiree Moore was selected by the Magazine of the American Landowner as the 2012 Deal of the Year [see The Land Report, Spring 2013]. [caption id="attachment_13209" align="aligncenter" width="588"] Waggoner Ranch cattle have been 60 percent Hereford and 40 percent Angus/Hereford and Brangus/Hereford. They are already being augmented by Kroenke Ranches’ world-class commercial Angus herd.[/caption] On each of those transactions, Kroenke had relied on Leadbetter’s counsel and the insights of Sam Connolly, general manager of Kroenke Ranches. Together the three are an effective team. Leadbetter demonstrated his savvy by not wasting Kroenke’s time discussing the ranch during the previous decade. “‘Stan,’ I said, ‘I talked to Sam Middleton. This thing is on the market, and he thinks the timing is right.’” “‘Well, let’s go ahead and get registered,’ Stan told me.” So began a stealth operation that would last more than a year. In April 2015, Middleton and Uechtritz flew to Denver to meet with Kroenke, Connolly, Leadbetter, and Mike Hall of Hall and Hall. Few knew that Kroenke got his first look at the great ranch the very next month. The cat-and-mouse game that the locals had been playing didn’t work with Kroenke and his team. Instead of flying into Vernon, they landed some 60 miles east in Wichita Falls. No one at the Herring Coffee Shop would be the wiser. For Uechtritz and Middleton, the next six months were a whirlwind of conference calls, meetings, and trips to Vernon. “Stan’s in-house advance team worked long and hard on this deal under the radar for nine months at least before Stan was revealed at the last minute,” Uechtritz says. Still wary of spooking the deal, he had a colleague, Will Beuck, facilitate due diligence by setting up a data room not in Vernon but in Dallas at the Ritz-Carlton. In September 2015, six parties presented $15 million earnest money deposits. The following month, four finalists were invited to Fort Worth to meet the heirs and present their vision for the next chapter in the history of the Waggoner Ranch. According to Uechtritz, the deciding factor wasn’t about money or resources. It was Kroenke’s unflinching sense of Stewardship and responsibility: “Stan looked them in the eye and said, ‘I’m a committee of one. I don’t have any partners. I’m a committee of one.’ In my mind, that did it.”  

  The Land Report Deal of the Century: Waggoner Ranch in Texas

  Seller: W.T. Waggoner Estate Ranch Seller’s Agents: Bernard Uechtritz, Briggs Freeman Sotheby’s International Real Estate, and Sam Middleton, Chas. S. Middleton & Son Buyer: Kroenke Ranches Buyer’s Agent: Joel Leadbetter, Hall and Hall]]> 13202 0 0 0 A Texas landmark with a matchless legacy changes hands for the first time in history. Photography by WYMAN MEINZER]]> Waggoner Ranch cowboys prepare to ride out at dawn.]]> https://landreport.com/2016/04/eagle-ranch-donates-3255-acre-easement/ Mon, 18 Apr 2016 07:00:32 +0000 https://www.landreport.com/?p=12935 A Central Coast ranching family has donated a significant conservation easement on the southern half of their property to The Land Conservancy of San Luis Obispo County. The Smith family has owned the Eagle Ranch for more than 50 years. Located south of Atascadero, inland from Morro Bay, and adjacent to Los Padres National Forest, this legacy property contains acre upon acre of oak woodlands, chaparral, and rangeland. In addition to the land itself, the easement protects key water features such as manmade Eagle Lake as well as numerous tributaries of the Salinas River, including Atascadero, Hale, Paloma, and Santa Margarita creeks. The conservation easement, which ranks as the largest in the organization’s history, also allows The Land Conservancy to host one docent-led hike on the ranch per year. Read more HERE. Photo Credit: The San Luis Obispo Tribune]]> 12935 0 0 0 https://landreport.com/2016/04/land-report-top-ten-texas-2016/ Fri, 15 Apr 2016 07:00:59 +0000 https://www.landreport.com/?p=12939 Texas’s largest ranch behind one fence changes hands for the first time since 1849. — The Editors SOLD! W.T. Waggoner Ranch (Texas): $725 million Land Report 100er Stan Kroenke closed on this legendary ranch in February. Bernard Uechtritz and Sam Middleton spearheaded the record-setting 510,527-acre listing, which came to market in August 2014. Joel Leadbetter of Hall and Hall represented Kroenke Ranches. Ford Ranch: $60 million One of the largest holdings in the Texas Hill Country, these 31,789 acres near Brady are also referred to as the G. Rollie White Ranch. Sam Middleton of Chas. S. Middleton & Son has the listing. South Texas Hunting Ranch: $33 million A turnkey South Texas hunting ranch, this 10,000-acre tract boasts 5 water wells and 40 ponds. It is conveniently located 40 minutes north of McAllen in Hidalgo and Starr Counties. Mark Connally of Texas Heritage Brokers has the listing. Barrel Springs Ranch: $30.77 million This historic Davis Mountains cattle operation encompasses 30,770 acres. Turn to pages 38—39 for more information on this Far West Texas landmark. Listed with duPerier Texas Landman. Fortune Bend Ranch: $28.7 million These 4,400+ acres south of Possum Kingdom Lake feature approximately 45,000 feet (8.5 miles) of Brazos River frontage as well as water rights. All minerals conveyed. Listed with Allen Crumley of Williams Trew. Comanche Trail Ranch: $28.3 million Located in the high Chihuahuan Desert between Fort Stockton and Marathon, this 48,404-acre Trans-Pecos landmark sits on the historic Comanche Trail. Listed with King Land & Water. Barton Canyon Ranch: $25 million One of the largest privately held offerings in Austin, this 128-acre livewater property features more than a mile of Barton Creek frontage with several deep swimming holes. Listed by Gary and Michelle Dolch with Kuper Sotheby’s International Realty. SOLD! Cerrito Prieto Ranch: $23.8 million Located in the heart of South Texas’s Golden Triangle, Cerrito Prieto is one of the best watered ranches in the red dirt region of Webb County. Renowned for its hunting, the ranch has been managed under Texas Parks &Wildlife’s MLDP III program. Listed by Jeff Boswell with Republic Ranches. East Division - Mesa Vista Ranch: $20 million Home to the world’s best quail hunting, these 16,013 acres are a Panhandle landmark featuring 10 miles of Canadian River bottomland and Indian Creek drainage. Sam Middleton of Chas. S. Middleton & Son has the listing. Rocking W Ranch: $19.75 million Alice Walton’s 1,435-acre equestrian operation is a Brazos River Valley landmark. A world-class show barn, owner’s residence, and additional staff residences are a few of the many improvements. Listed with Allen Crumley of Williams Trew.]]> 12939 0 0 0 https://landreport.com/2016/04/epa-chief-subpoenaed/ Fri, 22 Apr 2016 07:00:29 +0000 https://www.landreport.com/?p=12957 Senators John Barrasso and Jon Tester of the Senate Committee on Indian Affairs have authorized a subpoena to EPA Administrator Gina McCarthy or Assistant Administrator Mathy Stanislaus to testify at an oversight field hearing on examining the EPA’s unacceptable response to Indian tribes. The hearing, which will be on April 22 in Phoenix, will focus on the Gold King Mine, where the EPA spilled three million gallons of toxic wastewater into a tributary of the Animas River upstream from tribal lands. “I am troubled … that the EPA would disregard such failures and attempt to avoid the responsibility by refusing to appear before the committee and answer questions,” Senator Barrasso said. “This sort of behavior is unbecoming of any federal official and won’t be tolerated. Read more HERE.]]> 12957 0 0 0 https://landreport.com/2016/04/2015-land-report-100-louis-bacon/ Thu, 28 Apr 2016 11:03:22 +0000 https://www.landreport.com/?p=12976

  No. 45 Louis Bacon

  218,331 acres | 210,278 under conservation In the last two years, conservation philanthropist Louis Bacon made continued inroads to build upon conservation and restoration initiatives across his properties and worked to protect other special places throughout the country. In 2014, The Moore Charitable Foundation partnered with Middlebury College to establish the Bread Loaf Preservation Fund, which will preserve and maintain the Bread Loaf campus and the surrounding forests and fields while also supporting educational programming and recreational activities. Much of the 2,100 acres will be protected through a conservation easement held by the Vermont Land Trust working in collaboration with The Nature Conservancy. The Orton Foundation, the North Carolina affiliate of Bacon’s Moore Charitable Foundation, supports The Nature Conservancy’s efforts to restore the iconic longleaf pine forest throughout North Carolina’s Coastal Plain. At Orton Plantation, Bacon is restoring thousands of acres of longleaf pine forest through controlled burns and other management practices with the goal of restoring 11,000 acres by 2017. Photo Credit: Middlebury College]]> 12976 0 0 0 https://landreport.com/2016/05/2016-land-report-texas-10/ Tue, 03 May 2016 07:00:27 +0000 https://www.landreport.com/?p=12989 The Lone Star State’s Largest Landowners

  It can be as traditional as enhancing the best genetics or as advanced as exploring the heavens. From subsurface to suborbital, Texas’s largest landowners are compelled to transform the world we live in. That’s what happens when you think big. — The Editors

  No. 1: King Ranch Heirs | 911,215 Acres Robert Moorman Denhardt noted in The King Ranch Quarter Horses that “… the first cash income for the Santa Gertrudis was produced by the sale of horses and mules, about $23 worth, on June 19, 1854.” This legacy was reiterated last October when the state’s largest private landowner acquired The Boon (left) from Alice Walton’s Rocking W Ranch. A fitting acquisition for the family that tamed the Wild Horse Desert. No. 2: O’Connor Ranch Heirs | 580,000 Acres (Up 80,000 acres) This year’s Texas 10 features some major changes, including the addition of 80,000 acres in Far West Texas, specifically, Culberson, Hudspeth, Jeff Davis, and Presidio Counties. The vast majority of this family’s acreage is situated along the Coastal Plain in and around Aransas, Goliad, La Salle, McMullen, Refugio, and San Patricio Counties. This is the area where Tom O’Connor and an uncle, James Power, were granted 4,428 acres by the Mexican government in 1834. A century later in 1934, the O’Connor Ranch welcomed the discovery of the Tom O’Connor Field, one of the state’s best known oil fields. No. 3: Briscoe Family | 560,000 Acres Only a few American landowners can claim ties to a British baronetcy; the Briscoes can. The family’s ancestral holdings in Northern England date back to the 14th century, and Crofton Hall is a historic landmark. The driving force behind the family’s Texas landholdings was Dolph Briscoe Sr. (1890—1954). The enterprising cattleman partnered with Ross Sterling, founder of Humble Oil and 31st governor of Texas, and eventually cobbled together almost 200,000 acres in South Texas. Over the next five decades, his son, Dolph Jr., (1923—2010) more than doubled that. Today, the family’s Open Six brand is a feature on the Catarina Ranch, the neighboring Carla Ranch, the Chupadera Ranch, and additional ranches in South Texas and Far West Texas. No. 4: Stan Kroenke | 510,527 Acres Kroenke’s impressive stable of blue-chip properties ranges from Montana’s Q Creek Land & Cattle to the NFL’s Los Angeles Rams, the NBA’s Denver Nuggets, and the Arsenal Football Club. But the franchise that matters most to Texans is the half-million-acre W.T. Waggoner Ranch. In February of this year, Kroenke added this historic holding to the Kroenke Ranches portfolio, which includes more than 800,000 acres not in Texas. Click here to read more about the sale of the W.T. Waggoner Estate Ranch. No. 5: Hughes Family | 390,000 Acres The Hughes family enjoys decades’ worth of oil and gas know-how, and they’ve invested a portion of their profits in land. The majority of it is used for cattle ranching, grazing, and hunting leases. But their talents are also put to the greater good. Dan Allen Hughes Jr. served as a commissioner and, subsequently, as chairman of the Texas Parks and Wildlife Commission, and he also serves on the advisory board of the Borderlands Research Institute for Natural Resource Management at Sul Ross State University in Alpine. No. 6: Malone Mitchell 3rd | 384,000 Acres His Riata Corporate Group has interests in South America, Eastern Europe, and Turkey, but Mitchell’s landholdings are much closer to home. With his Longfellow Ranch, this Sanderson native has created a hunter’s paradise not far from where he grew up in Terrell County. (The ranch extends into neighboring Brewster County, as well.) Professionally guided archery, rifle, and muzzle-loader hunts are offered for elk, mule deer, whitetails, aoudad, javelina, and turkey. Take a tour at www.longfellowranch.com. No. 7: Nunley Brothers | 301,500 Acres Seven decades have passed since Red Nunley took up ranching near Sabinal. Beginning with a small steer operation, Red went on to establish one of the largest cow-calf operations in Texas. Along the way, he partnered with Dolph Briscoe Sr. to incorporate Santa Gertrudis genetics from King Ranch. Today, Nunley Brothers Ranches is run by Red’s grandsons Bob and Richard. Tee brothers partner on ranches spanning from South Texas to the Texas Hill Country and across the Trans- Pecos to Alpine. No. 8: Jeff Bezos | 290,000 Acres The last 12 months have seen remarkable progress for Bezos and his team at Blue Origin. On two occasions, Blue Origin’s New Shepard booster has lifted off from Bezos’s Corn Ranch north of Van Horn, traveled 100 kilometers into the atmosphere, reached the Karman line, and then returned to the Culberson County launch site. (New Shepard’s successful vertical landings are no doubt the envy of Elon Musk’s SpaceX, which has so far endured three failed vertical landings with its Falcon 9 rocket booster.) No. 9: Kokernot Heirs | 278,000 Acres Among the most storied ranches in Far West Texas, the o6 brand was registered as early as 1837. It was purchased by John Kokernot in 1872, who, with his brother Lee, began grazing cattle on open range west of the Pecos. In 1912, Lee’s son, Herbert Lee Sr. (1867—1949), began to piece together the immense property now known as the o6 Ranch and the Leoncita Cattle Company. No. 10: Anne Marion | 275,000 Acres The only daughter of “Miss Anne,” Ms. Marion is president of Burnett Ranches, which owns the Four Sixes Ranches. Her great-grandfather, Samuel “Burk” Burnett, founded the ranch in 1868. Numerous rumors have sprung up about the 6666 brand, including a tale involving a winning poker hand. The truth is that the pioneering rancher bought 100 head of cattle from Frank Crowley, and every one of them wore the 6666 brand.]]> 12989 0 0 0 https://landreport.com/2016/05/lands-best-friend-top-dog/ Tue, 10 May 2016 07:00:19 +0000 https://www.landreport.com/?p=13009 A two-year-old border collie named Jake rewrites the record books at the Western Bloodstock Select Cowdog Sale in Fort Worth.
  Text & Photography by Russell Graves Watch him as he works the livestock,” says Roy Cox. A beautiful border collie named Walker casts back and forth across an Oklahoma pasture, inching a small herd of Angus cattle forward. Roy’s commands to Walker are soft, almost relaxing. “The whole time the cattle are moving, the dog stays calm. More important, the livestock stays calm,” he says. Spooked cattle are stressed cattle. Stressed cattle lose weight; lost pounds means lost dollars. An Australia native, Cox, 56, moved to Texas in 1979 to train cutting horses. In short order, he was running cattle on his own place in Southern Oklahoma. Back home in Australia, the Cox family used cattle dogs on their dairy farm near Buchanan in New South Wales. Not surprisingly, Roy began training one for his own use. It wasn’t long before Cox realized that he was on to something. Cowmen like himself are always in need of a good hand, especially one with impeccable training and a rock-solid work ethic. Soon he began to train cowdogs full-time. That was more than 30 years ago, and he couldn’t be happier about his decision. “I’m a blessed man because I live my hobby everyday,” he says. “I love what I do. When you work with a dog and you witness the moment he finally understands his own ability, it’s a wonderful thing.” At first, Cox bred and trained cowdogs. Now he only trains them. The process of socializing puppies, he says, proved too time consuming. Instead, he has concentrated on working with dogs sent to him by clients from across the country. One of his current charges is the beautiful red-and-white border collie pictured above. Walker is an eager cowdog who belongs to a Utah rancher. The three-year-old has been under Cox’s tutelage at his cowdog boot camp outside of Ringling, Oklahoma. The process is a simple one. For several weeks Cox works with a dog on various drills. Simultaneously, he monitors its disposition to ensure it is on track to be as good a family dog as it is a cowdog. It’s a steep challenge, but the Aussie has a deft touch and the requisite patience. Cox and his charges develop a bond that borders on miraculous. This gift was on full display at the 2015 National Cutting Horse Association (NCHA) Futurity Sale last December in Fort Worth. In the middle of a weeklong series of horse sales, Western Bloodstock held a select cowdog sale. “The NCHA wanted something a little different. Some entertainment,” says Cox. “So we had the idea to have a low number of quality dogs and have them show the crowd what they could do.” One at a time, four professionally trained cowdogs followed their trainers into the W.R. Watt Arena. Each proceeded to work ten head of cattle. Then the degree of difficulty was upped to 40 head. Following the demonstrations, all four went on the block. The results were nothing short of stunning. The four averaged more than $15,000 each – considerably more than the horses that preceded them. The top dog was a Roy Cox-trained border collie named Jake. The two-year-old fetched a record-setting $27,500. The buyer was Bobby Patton Jr. of Fort Worth, co-owner of the Los Angeles Dodgers and proprietor of New Mexico’s 174,000-acre York Ranch.]]> 13009 0 0 0 https://landreport.com/2016/05/new-mexicos-74000-acre-alamo-ranch/ Tue, 17 May 2016 07:00:47 +0000 https://www.landreport.com/?p=13027 74,000-Acre Alamo Ranch Comes to Market Hall and Hall has listed the King Brothers’ Alamo Ranch for $33 million. The working cattle ranch, which is located in Sandoval County northwest of Albuquerque, borders Zia Pueblo to the north and Laguna Pueblo to the west and south. Rio Puerco, a tributary of the Rio Grande, marks the ranch’s western boundary. One of New Mexico’s fastest-growing cities, Rio Rancho, is minutes from the southeast property line. The Alamo Ranch was purchased in 1961 by former Gov. Bruce King and his brothers. It encompasses 60,000 deeded acres and 14,000 leased acres and consists of rolling grassy hills, sandstone bluffs, canyons, and mesas. The ranch is located in Game Management Unit 9, which is known for trophy-size elk with Boone and Crockett scores in the high 300s. Other wildlife includes mule deer, pronghorn antelope, quail, Barbary sheep, and mountain lions. “I think the family just feels it’s a good time to sell, given the ranch market,” Hall and Hall’s Jeff Buerger told the Rio Rancho Observer. Click here to read more]]> 13027 0 0 0 https://landreport.com/2016/05/the-land-report-spring-2016/ Sun, 15 May 2016 07:00:38 +0000 https://www.landreport.com/?p=13049 Congratulations to the 2015 Deals of the Year honorees! They include:
  • 2015 Land Report Deal of the Year: Standing Butte Ranch (South Dakota)
  • 2015 Deal of the Century: Waggoner Ranch (Texas)
  • 2015 Agriculture Deal of the Year: Ulmer Ranch (California)
  • 2015 Conservation Deal of the Year: Greenwood Plantation (Georgia)
  • 2015 Timberland Deal of the Year: Weyerhaeuser- Plum Creek Merger
  Read all about them and the Land Report Aspen Summit in the Spring 2016 issue of the Magazine of the American Landowner.]]> 13049 0 0 0 https://landreport.com/2016/05/land-report-may-2016-newsletter/ Sun, 15 May 2016 07:00:51 +0000 https://www.landreport.com/?p=13055 Congratulations to the 2015 Deals of the Year, the focus of our May newsletter!
  • 2015 Land Report Deal of the Year: Standing Butte Ranch (South Dakota)
  • 2015 Deal of the Century: Waggoner Ranch (Texas)
  • 2015 Agriculture Deal of the Year: Ulmer Ranch (California)
  • 2015 Conservation Deal of the Year: Greenwood Plantation (Georgia)
  • 2015 Ranchland Deal of the Year: JE Canyon Ranch (Colorado)
  • 2015 Timberland Deal of the Year: Weyerhaeuser- Plum Creek Merger
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 13055 0 0 0 https://landreport.com/2016/05/land-report-certified-community-texas-grand-ranch/ Wed, 25 May 2016 07:00:35 +0000 https://www.landreport.com/?p=13058

  Texas’s first Land Report Certified Community - Texas Grand Ranch - is a timbered haven just minutes from The Woodlands.

  | Photography by Gustav Schmiege III & Natalia Zamarripa When I was a youngster growing up in Houston, one of my Boy Scout troop’s favorite getaways was the Sam Houston National Forest. Not only was this piney haven close to home, but it was a breeze getting there: less than an hour’s drive up Interstate 45 and only minutes off exit 102. With more than 160,000 acres, this great forest challenged us day and night. If our band of brothers wasn’t hoofing it along some stretch of the Lone Star Hiking Trail, then odds are we had all piled into a motorboat and were waterskiing on Lake Conroe. By the time the remnants of Troop 525 broke camp Sunday morning, everyone, including our Scout leaders, welcomed the quick ride back to civilization, i.e., a hot shower, some clean clothes, and Mom’s cooking. In the decades since, Greater Houston has grown from the Bayou City into a behemoth: from just over 2 million in the 1970s to almost 6 million today. These days, I plan my trips to avoid the traffic jams that snarl the Katy Freeway and turn the 610 Loop into a parking lot. Gilley’s has closed, and my beloved Oilers have lit out for Tennessee. But not everything has changed. As I drive north on I-45 through The Woodlands toward Huntsville, familiar sights reappear: barren country roads, tall stands of pine, and signage heralding state parks, golf courses, and boat ramps. [caption id="attachment_13061" align="aligncenter" width="588"] The Piney Woods covers parts of four Southern states, but its major presence is in Texas.[/caption] Although Harris County (Houston) and Montgomery County (Conroe) have undergone cataclysmic growth, a calmer tenor still pervades Walker County to the north. The great Sam Houston – Texas’s first president, its seventh governor, and one of its first federal senators – called this sylvan stretch of the Piney Woods home. I know why. He did so for the very same reasons that have compelled hundreds of others to buy at Texas Grand Ranch. Take, for instance, Wendy Trahan. A native Houstonian, Wendy first happened upon Texas Grand Ranch last year, shortly after it came on the market. But she didn’t show up as a buyer. She came as the branch manager of the Fidelity National Title in The Woodlands. “I wasn’t looking to buy property,” Wendy says. “I was at an event sale, working as the title company for Texas Grand Ranch. I saw the energy and the excitement in other clients who were buying property.” The very next weekend, Wendy and husband Michael jumped in their car, drove up from The Woodlands, and took a look for themselves. “Michael liked the elevation of the lot. He liked the trees on the lot and immediately had a vision for what it could turn into. We’re planning to build and relocate permanently. I work in The Woodlands, and we want to go to our property at Texas Grand Ranch to get away from it all,” Wendy says. Having sat on both sides of the closing table – as a buyer herself and as an escrow agent for Fidelity National – this real estate professional has a unique perspective on Texas Grand Ranch. “I’ve worked with other developers from a title agent standpoint, and Patten Companies is wonderful to work with. I felt confident that they’re going to take care of the project. I would most definitely recommend a Patten Companies property. I bought one!” [caption id="attachment_13062" align="aligncenter" width="588"] Nearby Lake Conroe offers swimming, canoeing, fishing, jet skiing, and waterskiing.[/caption] Ranging in size from 2 acres to 5 acres, the homesites at Texas Grand Ranch include everything needed for turnkey construction – utilities, electricity, and connections to the community’s private water system. A whole host of amenities is already in place. Not surprisingly, the great outdoors is their focus. Take, for instance, the 17-acre private park. Or the tree-lined nature trails that tie into the Sam Houston National Forest. In addition, there is a fishing pond, a playground, and picnic pavilions. With prices starting at $59,900, it’s not surprising that numerous buyers have snapped up adjacent lots and pieced together 10-acre compounds. Some, like the Trahans, already have plans to build in the works. Others are waiting for retirement to kick in or nests to empty out. This sort of flexibility is par for the course with a Patten Companies project. The family originated and perfected the development of communities such as Texas Grand Ranch. Over the last 50 years, they have brought to market more than 600 communities in 36 states. [See The Land Report, Summer 2009.] The Pattens’ ties to land date back to the Great Land Rush of the 1890s. The family left New England to homestead in North Dakota; however, harsh winters and hostile Indians forced them back east. But Harry Patten Sr. had caught the land bug. In 1899, he paid the grand sum of $20 for his first parcel: a prime swath of 300 acres situated in Eastern Massachusetts. Harry Jr. went much further. In 1985, he took his company public with Drexel Lambert. Annual sales rocketed from $18 million to $33 million and then $76 million. By 1988, revenues eclipsed $100 million, and The Wall Street Journal was describing how Harry Patten sold the American Dream in a front-page profile that ran above the fold: “Sometimes it’s a place in the woods, a few hours’ drive from Boston and New York, where yuppies can rough it in their L.L. Bean boots. Other times it’s a pristine view of a sparkling Maine lake, a panorama of Vermont’s Green Mountains, or a plot outside a picture-post-card Adirondack village. No matter. What’s important is that ‘people develop an emotional attachment to a piece of land,’ says Mr. Patten.” This is especially the case in Texas. “Unlike other markets, Texans don’t need to be convinced to buy land. It’s in their DNA,” says Harry’s son, Mike. The family’s Texas ties go back to Gov. John Connally. “It was John Connally who opened my eyes to the great values in Texas,” Harry says. Michael and I went down and looked at a lot of real estate and eventually purchased our first Texas ranch from Governor Connally. The 1980s was a great buying opportunity, and today’s market has the potential to be just as good. Or even better.” [caption id="attachment_13063" align="aligncenter" width="588"] After permitting is in place, infrastructure is the next step.[/caption] Nowadays, Harry and Mike sift through opportunities forwarded by bankers, other lenders, and even former competitors. While bankruptcy protection has become the refuge of some companies, the Pattens regularly work with hedge funds, pension funds, family offices, and international investors. Their lengthy track record and strong financial statements affirm their industry-leading status. “Our buyers are end users, not get-rich-quick investors or speculators,” Mike says. “The developers and the flippers who get into land are interested in one thing: making a quick buck. That’s not how we’ve built our business. When you’re fulfilling people’s dreams of owning a piece of land like we do, your clients buy for the right reasons. They’ve invested in their property emotionally as well as financially, and they’re not about to walk away from it. It’s the exact opposite of someone walking away from a condo or a spec house.” Broad-based marketing is an integral part of this strategy. But another factor takes even more precedence. “Price is always king,” John Patten tells me. “We have the ability to purchase in bulk, unlike many developers, which enables us to pass on substantial savings to our clients.” So are the Pattens the Wal-Mart of land developers? “I can’t speak for the Walton family,” John says. “But I know this: I’ve heard Harry say on numerous occasions that he never purchased a piece of property to develop that he couldn’t see himself living on. That’s another way of putting the customer first.” Brian Patten, who has spent years working closely with his grandfather, second’s his cousin’s point. [caption id="attachment_13064" align="aligncenter" width="588"] By the time sales begin, the necessary utilities are out of sight and move-in ready.[/caption] “When you’ve got your own customer financing program like we do, a lot of buyers see it as a convenience, a way to close a deal. I look at it as a responsibility. These customers are going to be with our family for 15 or even 20 years,” he says. This long-term approach is precisely the mind-set that made Mike Patten pull the trigger on bringing Texas Grand Ranch to market. “Compare Texas to any state in the Union. It’s an economic powerhouse. That said, Houston is its engine room,” Mike says. “Back in the 1980s, when Harry and I first came to Texas, Houston wasn’t a one-horse town, but it had definitely hitched its wagon to the oil-and-gas industry. Man, has it come a long way over the last 25 years. The oil-and-gas industry is still a major player – look at the number of Fortune 500 companies with headquarters in the Energy Corridor – but it’s become so diversified. The Port of Houston is massive, and the Texas Medical Center is the world’s largest. What about The Woodlands? The first time Harry and I came to town, no one even mentioned The Woodlands or Sugar Land. Now Greater Houston extends 50 miles from north to south and 50 miles from east to west.” [caption id="attachment_13065" align="aligncenter" width="872"] Houston was named “The Best City in America” by Business Insider, which touted it as the country’s No. 1 job creator, lauded the renowned Medical Center, and cited its low cost of living.[/caption] As Mike points out to me, the genesis of Texas Grand Ranch dovetails perfectly with the Space City’s robust economy. “Some of our buyers want a weekend getaway that’s less than an hour from home. Others recognize Texas Grand’s investment potential. Most of our buyers are looking to relocate out of Harris County or The Woodlands. They like the fact that you’re just half an hour from Intercontinental Airport. And you’re even closer to The Woodlands via the interstate. Shopping, fine dining, state-of-the-art medical facilities – everything you could need is just minutes away,” he says. In addition to the unforgettable setting, the value for the money, and the reputation of the Patten Companies, one final attribute distinguishes Texas Grand Ranch from other communities currently being marketed: In 2016, it was selected as Texas’s premier Land Report Certified Community. “We established this program to give buyers peace of mind. Think of the Land Report Certified Community logo as CARFAX® for land,” says Land Report Publisher Eddie Lee Rider Jr. “It all involves the Great Recession. When the economy imploded, hundreds of developments went belly up, and a lot of toxic assets were created. Now that the economy is back on its feet, outstanding buying opportunities have emerged, ones that come along only once in a generation. The question is, how do you tell the difference between a true opportunity and a potential lemon? These are the sorts of questions buyers are facing, and that’s what gave us the idea for the Land Report Certified Community.” “Are the amenities and infrastructure funded or completed? What about the homeowners’ association? Is it up and going, or does it exist in name only? And then, of course, there’s the developer. Do they have an established track record, or are you dealing with some bottom feeder that bought a note and is trying to offload as many lots as quickly as they can?” he asks. “One thing is for sure,” Rider adds. “The Patten family is in it for the long haul. They pioneered the resort community development and have completed projects in more than 30 states. They’ve been the driving force behind top-notch communities like Texas Grand Ranch. Their story has been told in publications such as The Wall Street Journal, Fortune, and of course right here in The Land Report. Without a doubt, these guys are the best in the business. What am I saying? They created this business. And it shows.”]]> 13058 0 0 0 https://landreport.com/2016/05/800000-acres-added-to-conservation-reserve-program/ Tue, 31 May 2016 07:00:27 +0000 https://www.landreport.com/?p=13070 The current enrollment was one of the most selective sign-up periods in CRP’s 30-year history. Per-acre conservation benefits were maximized, and multiple conservation priorities were targeted simultaneously. “Over the past 30 years, CRP has created major environmental improvements throughout the countryside. The program has removed carbon dioxide from the atmosphere equal to removing nine million cars from the road annually, and prevented 600 million dump trucks of soil from erosion. With today’s announcement, USDA is continuing these achievements by maximizing conservation benefits within the limitations provided by law,” Agriculture Secretary Tom Vilsack said in a statement.]]> 13070 0 0 0 https://landreport.com/2016/06/kroenke-buys-the-waggoner-ranch/ Wed, 01 Jun 2016 07:00:21 +0000 https://www.landreport.com/?p=13073 Texas’s largest ranch behind one fence changes hands for the first time. Stan Kroenke was approved by the 46th Judicial District Court to purchase the 510,527-acre W.T. Waggoner Estate Ranch in February. The historic transaction will be the first-ever sale of the Waggoner Ranch, which was established in 1849, spans six Texas counties, and covers almost 800 square miles. The ranch's asking price was $725 million; no terms were disclosed. The acquisition will vault Kroenke from No. 9 on The Land Report 100 to the country’s fifth-largest private landowner. The Waggoner becomes the most recent addition to the remarkable list of assets owned and operated by Kroenke Ranches. Montana is the setting of two other iconic Kroenke holdings: Q Creek Land & Cattle Company, which totals 540,000 deeded and leased acres, and the Broken O Ranch, which totals 124,000 deeded and leased acres. All told, Kroenke Ranches exceeds 1.38 million acres, or more than 2,100 square miles. “This is an incredible opportunity and an even greater responsibility,” Stan Kroenke said in the press release that announced the sale. [caption id="attachment_13076" align="aligncenter" width="588"] The Waggoner’s enormous cattle operation, which can run as many as 12,000 head, has and will continue to require large remudas such as this one.[/caption] “We are honored to assume ownership of the Waggoner – a true Texas and American landmark – and are deeply committed to continuing the proud legacy of W.T. ‘Tom’ Waggoner, his family, and his descendants. Our gratitude to them and to the many parties involved in this process is immense. We will continue to preserve and protect this uniquely American treasure,” Kroenke added. Joel Leadbetter of Hall and Hall in Bozeman and Sam Connolly, general manager of Kroenke Ranches, represented Kroenke. Hall and Hall’s ever-capable managing director proved yet again his industry-leading abilities. “Working with Stan Kroenke and his team at Kroenke Land and Cattle to help him build such an extraordinary multifaceted agribusiness operation has been a high point for all of us at Hall and Hall,” said Leadbetter. “Knowing that the incredible history of the Waggoner will be shepherded by such a dedicated steward brings all of us tremendous satisfaction.]]> 13073 0 0 0 https://landreport.com/2016/06/ted-turner-acquires-dances-with-wolves-ranch/ Tue, 07 Jun 2016 07:00:35 +0000 https://www.landreport.com/?p=13081 Formerly known as the Triple U, the Standing Butte Ranch’s 46,000 acres are native prairie grassland that has never been scarred by disc or blade. After more than a half century of stewardship, the Houck family decided to sell their ranch and awarded the listing to Tom Metzger of Hall and Hall. Metzger’s colleague, Scott Shuman at Hall and Hall Auctions, began prepping for the sale, which was scheduled for last July in Fort Pierre. But in late June, Hall and Hall announced that the ranch would no longer go to auction; a single buyer had emerged. Ten weeks later, a succinct announcement out of Atlanta confirmed the new owner: “Turner Enterprises’ purchase of the property kept its size and scale intact, saving Standing Butte from being subdivided into multiple parcels at auction. Some of the parcels would have undoubtedly been plowed and farmed by new ownership, fragmenting the pristine native landscape.” Read more about this 2015 Land Report Deal of the Year in the Spring issue of The Land Report. ]]> 13081 0 0 0 https://landreport.com/2016/06/saudi-dairy-increases-farmland-holdings/ Thu, 16 Jun 2016 07:00:10 +0000 https://www.landreport.com/?p=13092 ]]> 13092 0 0 0 https://landreport.com/2016/06/land-report-june-2016-newsletter/ Wed, 15 Jun 2016 07:00:25 +0000 https://www.landreport.com/?p=13146 Transactions worth tens of millions highlight our June newsletter:
  • Bill Koch's Elk Mountain Lodge outside of Aspen is back on the market.
  • The State of Wyoming agrees to sell two tracts to Uncle Sam for $46 million apiece.
  • A $100 million South Carolina timberland sale closes.
  • The Santa Ana Pueblo buys King Brothers' Alamo Ranch.
  • The Osage Nation buys Ted Turner's Bluestem Ranch.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 13146 0 0 0 https://landreport.com/2016/06/2015-agriculture-deal-of-the-year/ Wed, 15 Jun 2016 07:00:13 +0000 https://www.landreport.com/?p=13227 It’s always worthwhile to take a look at how wealthy investors identify and exploit opportunities in current markets. What stock is the Oracle of Omaha, Warren Buffett, targeting these days and why? What about Amazon’s Jeff Bezos? What new technologies are his companies delving into? With that in mind, let’s look more closely at major land acquisitions by overseas investors. Saudi Arabia’s recent purchase of the Ulmer Ranch in the American Southwest is definitely worth considering. Listed among the world’s wealthiest nations, it’s also one of the driest with 95 percent of the land considered desert. Until recently, 90 percent of the little water they do have was being used for agricultural purposes. The result has been a government ban on water-thirsty crops, namely alfalfa, which is imperative to the thriving Saudi dairy industry. In an effort to provide feed to more than 170,000 cows, Saudi Arabia’s largest dairy, Almarai Company, paid $31.8 million to acquire 1,790 acres near Blythe, California. The purchase follows the acquisition two years ago of 10,000 acres in Vicksburg, Arizona, for $47.5 million. The water rights on both are key. Blythe is located in the Palo Verde Valley and has valuable Colorado River rights, and the Arizona holdings are in an area with no groundwater regulations. In addition to growing its own alfalfa, Almarai is also buying hay from neighboring farmers for export to the kingdom. The Saudis are not the only foreign investors eyeing American ag land. China buys as much as 20 percent of its total hay imports from the United States, and Japan and South Korea are also active buyers.

  Land Report 2015 Agriculture Deal of the Year: Palo Verde Valley Alfalfa Farmland in Riverside County, California

  Seller: Ulmer Ranch Seller’s Broker: John Osborne, Century 21 Osborne Realty Buyer: Fondomonte California LLC, A subsidiary of Almarai Company Buyer’s Broker: John Osborne, Century 21 Osborne Realty]]> 13227 0 0 0 https://landreport.com/2016/06/king-of-cool-yeti-coolers/ Wed, 08 Jun 2016 07:00:06 +0000 https://www.landreport.com/?p=13242 www.yeti.com | From $300]]]> 13242 0 0 0 https://landreport.com/2016/06/2015-conservation-deal-of-the-year/ Wed, 15 Jun 2016 07:00:42 +0000 https://www.landreport.com/?p=13249 After several years on the market, historic Greenwood Plantation found a new owner, one dedicated to continuing its impressive conservation legacy. Emily “Paddy” Vanderbilt Wade purchased 4,000 acres of the Greenwood Plantation from the Whitney family for $22 million. Located near Thomasville, Georgia, this quail hunting mecca features 1,200 acres of carefully managed old-growth forest known as the Big Woods. In addition, Greenwood boasts a storied history since its founding in the 1830s. Wade owns nearby Arcadia Plantation, which has a 200-acre stand of old-growth forest, known as the Wade Tract Preserve. The Greenwood Research Foundation, a nonprofit set up by Wade and her family to purchase and manage Greenwood, will chart a similar course with the Big Woods. Originally developed by one of the area’s earliest settlers, Greenwood was acquired by the Whitneys in 1899. Keeping the land intact was of the utmost importance to the Whitneys, who sold the property in order to focus on human rights and peace efforts. Before her death, Betsey Whitney told Greenwood land manager Leon Neel, “You take care of my trees!” Wade has every intention of doing so. “There’s no place like Thomasville. There’s no other large mass of contiguous plantations of like-minded philanthropists and conservationists who own land in the common good for the benefit of wildlife propagation,” says Jon Kohler of Jon Kohler & Associates. “And that’s important for the entire ecosystem. You have 300,000 acres dedicated to increasing wildlife and wild ecosystems.”

  Land Report 2015 Conservation Deal of the Year: Greenwood Plantation in Thomas County, Georgia

  Seller: Greentree Foundation Seller’s Broker: Jon Kohler, Jon Kohler & Associates Buyer: Greenwood Research Foundation Buyer’s Broker: Jon Kohler, Jon Kohler & Associates]]> 13249 0 0 0 https://landreport.com/2016/06/2015-timberland-deal-of-the-year/ Wed, 15 Jun 2016 07:00:41 +0000 https://www.landreport.com/?p=13268 In February, a landmark deal was sealed when Weyerhaeuser Company merged with timberlands giant Plum Creek Timber Company Inc. Now publicly traded under the Weyerhaeuser name (WY), the creation of this timberland behemoth – to the tune of $8.4 billion – has formed the largest private landowner in the U.S. Weyerhaeuser now owns 13 million acres of timberland and operates 38 wood products manufacturing facilities across the country. “This is an exciting day for Weyerhaeuser as we bring together the best assets and talent in the industry,” said CEO Doyle Simons. “In the coming months, we will be relentlessly focused on creating value for our shareholders by capturing cost synergies, leveraging our scale, sharing best practices, delivering the most value from every acre, and driving operational excellence.” Market analysts who are now referring to the timber REIT as the “new Paul Bunyan” say the merger has the potential to generate big returns for shareholders over the long term as Weyerhaeuser adds valuable timberlands as well as operations in prime locations in the South and Pacific Northwest. Thanks to the steady pace of the domestic housing market, there’s likely to be a higher demand for building products over time. Aside from millions of acres, Weyerhaeuser will benefit from Plum Creek’s expertise in timberland acquisition and operations under the guidance of CEO Rick Holley. A new board of directors was recently announced aligning with the merger, including eight from Weyerhaeuser and five from Plum Creek, including Holley. “I look forward to being part of this outstanding team as we work together to be the world's premier timber, land, and forest products company,” Simons adds.

  Land Report 2015 Timberland Deal of the Year: Weyerhaeuser Company & Plum Creek Merger

  Weyerhaeuser Company Doyle Simons, CEO & President Plum Creek Timber Company Rick Holley, CEO & President]]> 13268 0 0 0 https://landreport.com/2016/06/2015-ranchland-deal-of-the-year/ Wed, 15 Jun 2016 07:00:46 +0000 https://www.landreport.com/?p=13384 JE Canyon is home to more than 850 species of plants and animals, including bear, elk, mule deer, and Colorado’s largest private herd of Rocky Mountain bighorn sheep.[/caption] “Jerry Wenger, the seller of JE Canyon, was an extraordinary steward and is truly leaving a legacy,” said listing broker Ken Mirr of Mirr Ranch Group. “Mirr Ranch Group has always sought a conservation-minded buyer for this property, and found the ultimate conservation buyer in TNC. We thank everyone at TNC for making this happen and look forward to protecting more working ranches in the future.” Although parts of JE Canyon Ranch are protected by a conservation easement, The Nature Conservancy plans to place the entire ranch under a conservation easement and is working with Colorado Cattlemen’s Agricultural Land Trust on those steps. Once the easement is in place, identifying a conservation-minded buyer will be the next step. “The goal is to get it back into private hands,” said Matt Moorhead at The Nature Conservancy. “In the meantime, we’re looking to experiment with grazing, forestry, and hydrologic management, taking risks most landowners couldn’t.” Moorhead added, “This area defines Colorado with its natural, historical, and cultural heritage, yet many people are unaware of its significance,” Moorhead said. “Thanks to generations of careful land management by private land owners and ranchers in this community, the land as well as its rich history and traditions have been conserved.”

  The Land Report 2015 Ranchland Deal of the Year: JE Canyon Ranch in Las Animas County, Colorado

  Seller: JE Canyon Ranch LLC Seller’s Agents: Corwin Brown, Corwin Brown & Associates Ken Mirr, Mirr Ranch Group Buyer: The Nature Conservancy Buyer’s Broker: Ken Mirr, Mirr Ranch Group]]> 13384 0 0 0 https://landreport.com/2016/06/weyerhaeuser-and-plum-creek-merge/ Mon, 20 Jun 2016 07:00:49 +0000 https://www.landreport.com/?p=13098 The $8.4 billion merger of Weyerhaeuser Company with Plum Creek Timber Company created the nation’s largest private landowner, leading one analyst to label the 13-million-acre behemoth the “new Paul Bunyan.” The company, which will operate under the Weyerhaeuser name, has the potential to generate big returns for shareholders as Weyerhaeuser adds valuable timberlands as well as operations in prime locations in the South and Pacific Northwest. Weyerhaeuser will benefit from Plum Creek’s expertise in timberland acquisition and operations under the guidance of CEO Rick Holley. A new board of directors was recently announced, including eight from Weyerhaeuser, including CEO Doyle Simons, and five from Plum Creek, including Holley. “This is an exciting day for Weyerhaeuser as we bring together the best assets and talent in the industry,” said Simons. “In the coming months, we will be relentlessly focused on creating value for our shareholders by capturing cost synergies, leveraging our scale, sharing best practices, delivering the most value from every acre, and driving operational excellence.” Read more about this 2015 Land Report Timberland Deal of the Year in the Spring issue of The Land Report. ]]> 13098 0 0 0 https://landreport.com/2016/06/three-peat-for-bezos/ Tue, 21 Jun 2016 07:00:57 +0000 https://www.landreport.com/?p=13104 New Shepard has lifted off from Jeff Bezos’s Corn Ranch, touched the edge of outer space, and returned to its launching pad three times. Commercial flights with paying passengers are planned as early as 2017.[/caption]

  Amazon.com founder moves even closer to offering aspiring astronauts the trip of a lifetime.

  A Far West Texas ranch has gone from running steers to racing to the forefront in the next chapter in manned space flight. As of April 2, Land Report 100er Jeff Bezos has successfully launched the New Shepard booster from a spaceport on his 290,000-acre Corn Ranch on three occasions. (Prior launches occurred on November 23 and January 22.) In each instance, the spacecraft flew above the Kármán Line – the boundary between earth’s atmosphere and outer space – before returning to the remote Culberson County ranch and landing vertically at its launch site. Although Internet-based retailing forms the basis of the e-commerce company Bezos founded, he readily admits that the item he prizes above all is a used rocket. “The rarest of beasts,” he calls it. To Bezos, rocket-powered vertical landings are a crucial step in the pursuit of Blue Origin’s goal of “millions of people living and working in space.” “New Shepard flew again yesterday, reaching an apogee of 339,178 feet, or 103 kilometers. It was the third flight with the same hardware,” wrote Bezos in a post published on Blue Origin’s website on April 3. He added, “We pushed the envelope on this flight, restarting the engine for the propulsive landing only 3,600 feet above the ground, requiring the BE-3 engine to start fast and ramp to high thrust fast.”]]> 13104 0 0 0 https://landreport.com/2016/06/historic-greenwood-plantation-finds-a-new-owner/ Thu, 23 Jun 2016 07:00:03 +0000 https://www.landreport.com/?p=13108 Emily “Paddy” Vanderbilt Wade purchased 4,000 acres of the Greenwood Plantation from the Whitney family for $22 million. Located near Thomasville, Georgia, this quail-hunting mecca features 1,200 acres of carefully managed old-growth forest known as the Big Woods. Wade owns nearby Arcadia Plantation, which has a 200-acre stand of old-growth forest known as the Wade Tract Preserve. The Greenwood Research Foundation, a nonprofit set up by Wade and her family to purchase and manage Greenwood, will chart a similar course with the Big Woods. Originally developed by one of the area’s earliest settlers, Greenwood was acquired by the Whitneys in 1899. Keeping the land intact was of the utmost importance to the Whitneys, who sold the property in order to focus on human rights and peace efforts. “There’s nowhere else like Thomasville in the world. There’s no other large mass of contiguous plantations of like-minded philanthropists and conservationists who own land in the common good for the benefit of wildlife propagation,” says listing broker Jon Kohler of Jon Kohler & Associates. Read more about this 2015 Land Report Conservation Deal of the Year in the Spring issue of The Land Report.]]> 13108 0 0 0 https://landreport.com/2016/06/land-report-top-ten-spring-2016/ Tue, 28 Jun 2016 07:00:00 +0000 https://www.landreport.com/?p=13116

  The Waggoner Ranch, which was listed for $725 million, sells in just 18 months. — The Editors

  1. SOLD! W.T. Waggoner Ranch (Texas): $725 million Stan Kroenke is the new owner of the legendary Waggoner. Bernard Uechtritz and Sam Middleton spearheaded the record-setting 510,527-acre listing. Joel Leadbetter of Hall and Hall represented Kroenke Ranches. 2. NEW! Sandow Lakes Ranch (Texas): : $250 million This 33,777-acre Central Texas sanctuary boasts vast water rights and is being sold off by Alcoa as the Fortune 500 company prepares to separate into two publicly traded companies. Bernard Uechtritz has the listing. 3. Gemini (Florida): $195 million This nearly 16-acre South Florida compound, which is owned by the Ziff family, features 1,200 feet of Atlantic Ocean frontage and about 1,300 feet on the Intracoastal Waterway. Carmen D'Angelo Jr. of Premier Estate Properties is co-listing agent. 4. Rancho San Carlos (California): $125 million This 237-acre hilltop estate is perched high above the Pacific in Montecito. Ten residential cottages complement the Reginald Johnson-designed main residence. Suzanne Perkins and Harry Kolb of Sotheby’s International Realty Santa Barbara the listing agents. 5. NEW! Las Varas Ranch (California): $108 million These 1,800 acres just west of Santa Barbara encompass more than 2 miles of Pacific Ocean frontage. Listed with Kerry Mormann of Berkshire Hathaway HomeServices and Anthony Punnett of Douglas Elliman Real Estate. 6. Cielo Vista Ranch (Colorado): $105 million Thousands of elk, a resident herd of bighorn sheep, and deeded ownership of 14,000 acres are a few high points of this 83,628-acre Sangre de Cristo ranch. Listed with Jeff Hubbard and Pat Lancaster of Mirr Ranch Group. 7. Neverland | Sycamore Valley Ranch (California): $100 million These 2,698 acres are located 5 miles north of Los Olivos in the heart of Foxen Canyon. Suzanne Perkins and Harry Kolb of Sotheby’s International Realty Santa Barbara and Jeff Hyland of Hilton & Hyland Beverly Hills have the listing. 8. Homer’s Pond (Massachusetts): $99 million This private retreat is set on 314 acres along the southern shore of Martha’s Vineyard and is available in its entirety or in smaller parcels. Grace Bloodwell and Charles Carlson of South Light Property have the listing. 9. Pumpkin Key (Florida): $95 million This 26-acre island in the Florida Keys sits between Key Largo and the mainland. Improvements include a main residence, two caretaker’s cottages, a dock master’s apartment, and an office. Accommodations and dockage at Ocean Reef transfer. Russell Post of Russell Post Sotheby’s International has the listing. 10. NEW! Tri-State Farm & Ranch (CO, KS, NM): $76.4 million These five cattle- and grain-producing properties encompass 37,771 acres in the heart of the Southern Great Plains. A total of 85 water wells and 87 pivots are already in place. Leo Hayden and Dax Hayden of Hayden Outdoors have the listing.]]> 13116 0 0 0 https://landreport.com/2016/06/2015-land-report-aspen-summit/ Wed, 29 Jun 2016 07:00:06 +0000 https://www.landreport.com/?p=13121 Kenyon Fields, Mary Conover, Ken Salazar.[/caption]

  Leading landowners, industry experts, and thought leaders gathered at the Aspen Institute to discuss key issues facing private landowners and to honor Colorado’s Salazar family, The Land Report’s 2015 Legacy Landowners. Photography by Aubree Dallas

  Groves of quaking aspens welcomed dozens of guests to the 2015 Land Report Aspen Summit, sponsored by Mirr Ranch Group, Ireland Stapleton Pryor & Pascoe, and the Western Landowners Alliance. Panel discussions included strategic acquisitions, management best practices, and working with federal, state, and local regulators. Presentations included an overview on real assets from Dennis Moon of US Trust, as well as a keynote address by Colorado native Ken Salazar. – The Editors [caption id="attachment_13124" align="aligncenter" width="750"] Left: A full house at Plato's. Upper Right: Bryan Pickens. Lower Right: Ken Salazar, Paul Lee.[/caption]   [caption id="attachment_13125" align="aligncenter" width="588"] Eddie Lee Rider Jr., Dennis Moon, C. Patrick Bates.[/caption]   [caption id="attachment_13126" align="aligncenter" width="750"] Left: Lesli Allison. Upper Right: Paul Vahldiek Jr. Middle Right: John Murfee. Bottom Right: Bob Randall.[/caption]   [caption id="attachment_13127" align="aligncenter" width="1200"] Upper Left: Wayne Fahsholtz. Upper Right: John Watson. Bottom Left: Silvia Rider, Janet Lee, Eddie Lee Rider Jr., Paul Lee. Bottom Right: Russell Kemp, Ken Mirr.[/caption]   [caption id="attachment_13128" align="aligncenter" width="588"] Silvia Rider, Alison Murfee, Monica Manley.[/caption]]]> 13121 0 0 0 https://landreport.com/2016/06/corn-belt-sees-consecutive-annual-declines/ Thu, 30 Jun 2016 07:00:37 +0000 https://www.landreport.com/?p=13141

  The Seventh District registers back-to-back drops in farmland values for the first time since the mid-1980s.

  NATIONAL — TREND Two factors put downward pressure on row crops in 2015: record (or near-record) harvests; and the strong dollar, which slowed exports. The national corn harvest was the third largest ever, and soybean output set a new record. On average, corn prices at the end of 2015 were 4 percent lower than 2014 and 17 percent lower than 2013 nationwide. The drop in bean prices was even more pronounced: 15 percent lower at the end of 2015 versus 2014 and 33 percent lower vis-à-vis 2013. MIDWEST — FOCUS Of the 199 bankers who responded to the Seventh District’s survey, nearly 60 percent anticipated agricultural land values to decrease in early 2016. None expected any increase in land values. Download a complete copy of the Seventh Federal Reserve District’s AgLetter at www.ChicagoFed.org.]]> 13141 0 0 0 https://landreport.com/2016/07/colorados-elk-mountain-lodge-relisted-for-80-million/ Wed, 06 Jul 2016 07:00:41 +0000 https://www.landreport.com/?p=13154 82-acre compound offered in entirety or in separate tracts. The Aspen Times reports that William Koch’s Elk Mountain Lodge has been relisted by Raifie Bass, Wendy Wogan, and Joshua Saslove of Douglas Elliman Real Estate. The $80 million price tag is a $20 million reduction from its previous price. The 82-acre property has four homes, which are available separately or as a single compound. The 15,000-square-foot main lodge, which has 17 bedrooms, 16 full bathrooms, and four half bathrooms, is available for $60 million. The three remaining residences are listed at $8.375 million, $7.375 million, and $4.25 million. The property is located roughly 10 miles southwest of Aspen on Castle Creek Road. According to The Aspen Times, Koch bought the property for $26.46 million in 2007 “and poured millions of dollars into remodels and landscaping.” Prior to Koch’s ownership, Elk Mountain Lodge was an event venue. Pitkin County subsequently granted permission to convert the lodge into a single-family home. Click here to read more.]]> 13154 0 0 0 https://landreport.com/2016/07/weekend-update/ Fri, 08 Jul 2016 07:00:43 +0000 https://www.landreport.com/?p=13200 The third-generation farmer is happiest in the field.[/caption] CHRIS SOULES IS NOT LOST. Considering the setting of this exclusive Land Report cover shoot by Jason Walsmith – an Iowa cornfield – the reality TV star actually feels quite a home. That's one of the many insights about America's most famous farmer that readers will discover in the fall issue of The Magazine of the American Landowner, including his All-American upbringing in Northeast Iowa, his extensive experience in the world of ag investments, and his next steps with Peoples Company.
    [caption id="attachment_13214" align="aligncenter" width="588"] Traditional skills are a mainstay of the Winecup Gamble Ranch.[/caption] WINECUP GAMBLE RANCH UPDATE. C. Patrick Bates reports that the complete offering brochure on this iconic 948,380-acre Western ranch is being finalized. Founded in 1868, the Winecup Gamble, which includes 9,000 head of mature cattle, just finished a five-year, $19 million renovation that included targeted investments in livestock, livestock-handling facilities, stock water distribution, fencing, employee housing, and an owner’s lodge. It is listed for $77 million. Read more HERE.  ]]> 13200 0 0 0 https://landreport.com/2016/07/sold-catchmark-closes-on-carolinas-midlands/ Wed, 13 Jul 2016 07:00:49 +0000 https://www.landreport.com/?p=13217 In June, publicly traded CatchMark Timber Trust (CTT) announced the acquisition of 51,700 acres of timberlands in South Carolina for $100.7 million (excluding closing costs) in an off-market transaction from funds managed by Forest Investment Associates. Known as Carolinas Midlands III, the acreage will expand the company’s holdings in the Southern United States to 480,400 acres. In addition, it will add approximately 2.1 million tons to CatchMark’s merchantable inventory and 250,000 to 300,000 tons per year to CatchMark’s harvest over the next decade. “Carolinas Midlands III meets all the desirable attributes we seek in timberlands purchases to support our value proposition for assembling the highest quality holdings in the industry – location near high quality mill markets with a significant customer base, higher than average merchantable inventory to provide immediate cash flow to support distributions to our shareholders, and higher than average productivity per acre to secure durable earnings over long-term holds,” said CatchMark CEO Jerry Barag in a statement. Read more HERE.]]> 13217 0 0 0 https://landreport.com/2016/07/wyoming-sells-parkland/ Wed, 20 Jul 2016 07:00:36 +0000 https://www.landreport.com/?p=13230 On June 13, Secretary of the Interior Sally Jewell and Wyoming Governor Matt Mead announced an agreement to facilitate the purchase of two state school land parcels located within the bounds of Grand Teton National Park. Wyoming has a constitutional obligation to earn income from state school lands, even those within the park. This left the tracts vulnerable to commercial development. “Governor Mead and the people of Wyoming have made clear their willingness to work out this public/private purchase, which continues the philanthropic relationship Americans have with Grand Teton and many more of our national parks,” said Secretary Jewell in a statement. Read more HERE.]]> 13230 0 0 0 https://landreport.com/2016/07/sold-santa-ana-pueblo-buys-alamo-ranch/ Wed, 27 Jul 2016 07:00:01 +0000 https://www.landreport.com/?p=13253 The Albuquerque Journal reports that the King Brothers’ Alamo Ranch was acquired by the Santa Ana Pueblo in June. “We’re glad that they purchased the ranch,” said Bill King, a son of former New Mexico Governor Bruce King who bought the ranch in 1961 with two brothers. “They’ve been our neighbors for a long time,” King added. The Santa Ana have ancestral ties to the land and plan to preserve it in its natural state as well as use it for hunting. Santa Ana Gov. Myron Armijo could not be reached for comment. Hall and Hall listed the 100-square-mile ranch in February for $33 million. No financial information pertaining to the sale was disclosed. The ranch encompasses 60,000 deeded acres and 14,000 leased acres, and consists of rolling grassy hills, sandstone bluffs, canyons, and mesas. Hall and Hall’s Jeff Buerger represented the Kings. Click here to read more. ]]> 13253 0 0 0 https://landreport.com/2016/07/the-land-report-summer-2016/ Fri, 15 Jul 2016 07:00:14 +0000 https://www.landreport.com/?p=13259 Find out what the pros are saying about key land markets in our Best Brokerages issue, which features insights and commentary from more than 150 brokerages and auction houses nationwide. It's our most comprehensive survey ever. And our cover story, featuring Fire Roasted Catering, is guaranteed to whet your appetite. Long live Land to Table! Also included are articles on:
  • Hall and Hall's 70th Anniversary
  • Highlights from the 2016 Land Investment Expo
  • The Nature Conservancy Buys JE Canyon Ranch
   ]]> 13259 0 0 0 https://landreport.com/2016/07/land-report-july-2016-newsletter/ Fri, 15 Jul 2016 07:00:58 +0000 https://www.landreport.com/?p=13266 America's Best Brokerages and Top Auction Houses headline our July newsletter, which features highlights from the summer issue of the Magazine of the American Landowner. Other great reads include:
  • A sumptuous Land to Table profile of Fire Roasted Catering
  • The 2015 Ranchland Deal of the Year: Colorado's JE Canyon
  • Highlights from the 2016 Land Investment Expo
  • Hall and Hall's 70th Anniversary
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 13266 0 0 0 https://landreport.com/2016/08/sold-osage-nation-buys-ted-turners-bluestem-ranch/ Wed, 03 Aug 2016 07:00:45 +0000 https://www.landreport.com/?p=13269 Tulsa World reports that the Osage Nation completed a deal in June to buy the Bluestem Ranch for $74 million. The 43,000-acre prairieland property west of Pawhuska was utilized by Turner Ranches to run 3,000 head of bison and cattle. In a letter to Osage Nation Principal Chief Geoffrey Standing Bear, Turner noted he was hoping all along that the tribe would become the new owner when he put the property up for sale. “It is my sincere hope that our transaction is the last time this land is ever sold,” Turner wrote, “and that the Osage Nation owns this land for all future generations.” The purchase was the latest by Standing Bear to buy as much land as possible in Osage County, where the tribe once owned nearly 1.5 million acres. In the early 1900s, however, the Osage Reservation was allotted to individual tribal members. Click here to read more. ]]> 13269 0 0 0 https://landreport.com/2016/08/california-drought-claims-66-million-dead-trees/ Tue, 16 Aug 2016 07:25:56 +0000 https://www.landreport.com/?p=13302 Four years of punishing drought coupled with a dramatic rise in bark beetle infestation and warmer temperatures has led to record levels of tree die-off. “Tree die-offs of this magnitude are unprecedented and increase the risk of catastrophic wildfires that put property and lives at risk,” said Agriculture Secretary Tom Vilsack. “While the fire risk is currently the most extreme in California because of the tree mortality, forests across the country are at risk of wildfire and urgently need restoration requiring a massive effort to remove this tinder and improve their health.” Continued elevated levels of tree mortality are projected during 2016, particularly in dense forest stands, stands impacted by root diseases or other stress agents, and in areas with higher levels of bark beetle activity.]]> 13302 0 0 0 https://landreport.com/2016/08/american-landowner-legends-of-quail/ Tue, 23 Aug 2016 07:00:11 +0000 https://www.landreport.com/?p=13313 Over the last half century, Boone Pickens has nurtured a threadbare stretch of the Texas Panhandle back to health. Originally less than 3,000 acres, his Mesa Vista Ranch now covers more than 65,000 acres (100-plus square miles) of prime quail habitat that is hunted 50 to 60 days a year. The covey count this season averaged just over 40 per day.[/caption]

  To commemorate one of the greatest years for quail, Boone Pickens invited a Who’s Who of wingshooters to his Mesa Vista Ranch.

  | Photography by Wyman Meinzer & Russell Graves T. Boone Pickens drives down a Mesa Vista Ranch road. He’s watching a lanky English pointer working a covey of bobwhites. The dog stops, head high, tail still flagging. “Birds are running,” Boone says. Sure enough, the pointer sweeps his nose back and forth, sniffing for tendrils of scent. Cold fog hangs over the prairie. Given the release command, the dog cat-walks ahead, tail whipping. Bubba Wood and Rick Pope ease along behind him. Twenty yards on, the dog points again, but before the hunters can move into position, a covey flushes and flies low over the bluestem and sage, offering no shot. When you’re following bird dogs on the Mesa Vista Ranch, you’re hunting wild birds that know how to survive hawks, bobcats, coyotes, snakes, and the deadliest predators of all: Boone Pickens and his buddies. A few minutes later, the dog points again, and a single bird flushes early, but not early enough. Bubba drops it and sends Katie, his little English cocker, to fetch. Rick drops a single with a tough, low, left-to-right shot. “Starting to look a little like a bird hunt now,” Boone says. Minutes later, another covey flushes well ahead of dogs and hunters, but the singles hold for solid points. Bubba and Rick add to their bag. Boone pulls up and rolls down his window. “Y’all hunt way too slow,” he yells. “How do you expect to get a limit by lunchtime?” “By not missing any birds,” Bubba shouts back. He and Boone have hunted together for decades and have taken more than a few pre-lunch limits. By lunchtime, the hunters are delighted, and the guides disappointed. Never mind the pile of birds. On the Mesa Vista, this season’s average has been over 40 coveys per day. Somewhere amid the jovial insults, the guides check their notes and announce that the morning’s numbers are only a bit under. Now that the morning fog is burning off, conditions could well be perfect. The night before, Boone addressed the group: “We’re having one of the best years for quail I’ve ever seen. I may never see another one like it. To celebrate, I wanted to invite the best quail hunters I know to experience the kind of hunting we have when everything comes together just right. And you-all are that group, the legends of quail hunting.” The legends include Bubba Wood, founder of Collectors Covey, Texas’s premier sporting art gallery, member of the National Skeet Shooters Hall of Fame, and six-time member of the national All-American Team; Rick Pope, another Hall of Famer, multi-year member of the All-American Team, and chairman of Temple Fork Outfitters; Rick Snipes, Stonewall County rancher, founding member of the Rolling Plains Quail Research Ranch, fanatical quail hunter, dog man, and conservationist; Joe Crafton, cofounder of Park Cities Quail, which has raised $6 million for quail conservation, and the new owner of Collectors Covey; Pete Delkus, chief meteorologist with WFAA-TV in Dallas and another serious hunter and conservationist; and John Thames, publisher of Covey Rise. To document the day, Land Report editor Eric O’Keefe invited Wyman Meinzer and Russell Graves to bring their camera gear. I got to watch and pet a lot of bird dogs – excellent work when you can get it. [caption id="attachment_13317" align="aligncenter" width="1200"] Clockwise from upper right: The Legends of Quail Hunters; National Skeet Shooters Hall of Famer Rick Pope; Park Cities Quail cofounder Joe Crafton; Covey Rise Publisher John Thames; WFAA’s Pete Delkus and John Thames chat with Boone Pickens; Rolling Plains Quail Research Ranch founding member Rick Snipes. All of the Legends are ardent supporters of Park Cities Quail, a non-profit that has raised more than $6 million for quail conservation over the last decade. During that time, the Mesa Vista Ranch has been the top cooperating ranch for research.[/caption] In 1971, when Boone bought the first piece of what is now the Mesa Vista, it was, in his own estimation, “so poor the jackrabbits were carrying their lunches.” Heavy grazing had reduced the rangeland to sparse grass and bare ground. During wet years, when it might have partially recovered, previous owners punished it by stocking more cattle. Depending on rainfall, the quail population swung between boom and bust. It consisted of roughly 90 percent blue (scaled) quail – a hard-running species associated with arid grassland – and 10 percent bobwhites. Having hunted in South Texas and all over the Rolling Plains, Boone sensed that the rolling sand hills and bottoms south of the Canadian River had all the makings of great quail country. Yes, the Northern Panhandle suffers occasional hard freezes. But supplemental feeding could increase survival. Cool fall and winter days are far more comfortable for hunters and dogs than the sweltering South Texas heat. Furthermore, by midseason, hunters and guides could devote their full attention to shooting and dog work instead of watching for rattlesnakes. As his acreage increased and cattle leases expired, Boone realized that his passion lay in wildlife habitat, not ranching. The few cattle that grazed on the Mesa Vista were strictly management tools, agents of disturbance consistent with Aldo Leopold’s tool kit: “The ax, the plow, the match, and the cow.” Boone soon added another resource: The Oklahoma State geologist began to drill water wells. Although he knew his land sat on the Ogallala Aquifer, “the well-spring of the High Plains,” the easy abundance and quality of the water surprised him. “We knew right away that we were in the fat,” he tells me. Having long observed that creek bottoms provide the most consistent hunting, he wondered if man-made creeks might provide better habitat. Here, as he’s often done, Boone bucked convention. Quail don’t require surface water. They extract water from food. Yet quail chicks require an abundance of protein-rich insects to survive those precarious first few weeks prior to fledging. Boone reasoned that since quail chicks require insects, and insects require moisture, new creeks might provide a hedge against drought. Today, some 25 miles of buried drip line creates pools at thousand-foot intervals, ensuring abundant moisture even during dry years. Although some professional wildlife managers remain skeptical, those who’ve hunted at the Mesa Vista agree that the drip lines attract quail and other wildlife. Furthermore, during droughty spells, coveys are larger and more abundant along Boone’s creeks than in good habitat elsewhere. Boone also relies on more than a thousand feeders to supplement the abundant natural food supply. During rough winter stretches, when birds might be too weak to scratch through ice or snow to reach ragweed, sunflower, or croton seeds, the nutritious supplement enhances survival. Biologists worry that feeding concentrates birds, which in turn attracts predators. Research supports those fears. To minimize predation, feeders are placed inconspicuously just inside patches of woody cover that provide overhead protection from avian predators and screening protection from terrestrial predators like raccoons and bobcats. Threatened birds can flush or run into nearly endless cover. Boone no longer frets about professional opinions. He simply points to the results, which Bubba sums up neatly: “There’s no question that Boone’s feeding and water program makes a huge difference. Mesa Vista beats anyplace I’ve ever hunted.” Most important, Boone has given the mixed prairie at the Mesa Vista time to heal. Prior to settlement in the late nineteenth century, the grasslands of the Texas Panhandle saw only periodic disturbance from nomadic bison herds, wildfire, and searing drought – all of which set back plant succession and facilitated long periods of natural regeneration. When summertime air temperature reaches 100 degrees, ground temperatures can hit 120 degrees. Without the life-saving shade provided by native grasses, successful nesting is impossible. Over the years, Boone acquired adjacent parcels. Unlike cattlemen, who tend to acquire neat blocks of land, Boone focused on creek drainages, which feature the most valuable wildlife habitat. Today, Mesa Vista Ranch, with the Canadian River along its northern boundary, covers some 65,000 acres, all in Roberts County. What started out as a small patch of overgrazed pasture has grown into a renowned hunting ranch, complete with a world-class lodge capable of hosting dozens of guests in numerous structures, a 12,000-square-foot lake house, and dozens of other amenities – some manicured, others rustic. “I suspect that after this last drought, Mesa Vista Ranch naturally restocked most of Roberts County’s quail population,” Bubba says. Rick Snipes adds, “What’s unique about Boone’s ranch is that it’s here for the quail. Period. Not cattle. Not cattle and quail. Quail. The first question Boone asks before anything is done on the ranch is, ‘How will it affect our quail?’” Thanks to much improved cover, the quail now run about 90 percent bobwhite and 10 percent blue quail – a complete reversal of the hardscrabble 1970s ratio. After lunch, I pile into the back seat of a hunting truck with Rick Pope and Joe Crafton. Our guides, ranch manager Keith Boone and Ryan Hunter, promise to make up for the morning’s light shooting. The truck kennel houses a few pointing dogs, a couple Labs, a cagey springer spaniel, and Joe Crafton’s excellent young Lab, Lucy. Boone and Keith have refined the Mesa Vista hunting system to maximize efficiency and flexibility. Three hunting rigs carry guides, hunters, water, and equipment afield. Each rig – a one-ton, four-wheel-drive pickup with a Jones dog box – can hold as many as ten dogs. Keith usually runs two pointers at a time and puts down a fresh brace every 20 minutes or so. Frequent rotation ensures snappy dog work and minimizes mistakes. Labs and spaniels stay on the truck or at heel until sent to retrieve. Keith eases the truck down ranch roads, checking promising cover. He or Ryan often spot coveys loafing near the road, usually in the vicinity of a feeder. Out come dogs and hunters. The fact that I saw very few staunch points near the feeders should dispel any notions about this being a “turkey shoot.” In nearly every case, the birds run, then flush wild. The real dog work and display of shooting ability begins once singles spread about. Keith does the dog handling while Ryan stands atop the truck to mark the singles. Both guides wear radio headsets. Whenever Keith requests extra dog power, Ryan jumps down and unlatches a kennel door. The requested dog blasts off after the crew. Although the pointing dogs are natural big runners out of famous field trial and shooting dog lines, they work closely and handle nicely to Keith’s whistle and hand signals. Retrievers, spaniels, and pointing dogs stay out of each other’s way even when the shooting gets hot, with several singles flushing at once and multiple dogs retrieving. The system allows Joe to stride out after the dogs and school his new pup, Lucy. On the other hand, Rick Pope, still recovering from a rattlesnake bite, limps along on a sore ankle. After a quick double or two at each stop, he’s happy to be picked up and driven down the road a few hundred yards to meet the rest of the crew. [caption id="attachment_13318" align="alignright" width="337"] Both Katie and her master, Bubba Wood, take great pride in her very first retrieve.[/caption] Over the next three hours, the team moves at least 20 coveys. Limits are reached in short order, and the dogs get into plenty of birds – much to the benefit of young Lucy and the satisfaction of her master. Speculation about the success of the other two trucks foreshadows much jawing and good-natured harassment over cocktails at the lodge. Over the years, the Mesa Vista kennel has grown to fit Boone Pickens’s ambitions and hospitality. The immaculate facility houses around 25 pointing dogs, a couple spaniels, and 13 Labrador retrievers. The ranch hosts 50 to 60 hunts per year. At times, all three trucks are out at once, so any dog that makes the Mesa Vista team will work thousands of quail over an eight- to ten-year career. Mesa Vista retrievers and spaniels retrieve more downed birds in a couple seasons than most gun dogs retrieve in a lifetime. Nowadays, most Mesa Vista pointing dogs are English pointers out of Miller’s Chief and Guardrail lines, but Keith keeps an eye out for talent wherever it might be found. He also keeps a few English setters and, recently, a big-running German shorthair that Boone likes. Most of the Labs are homegrown. On the final morning, we head for the center pivot irrigators, around which 250 pheasants had been released into a cover mix of sorghum, redtop, foxtail millet, and haygrazer. It was show time for the Labs and spaniels that work ahead of the line of hunters and guides. Notorious runners, pheasants rarely hold for pointing dogs. Although there is a small breeding population on the ranch, most of the pheasants are released. However, unlike pen-reared bobwhites, flight-conditioned pheasants quickly acclimate to excellent habitat and can be nearly as challenging as wild birds. Over the next hour, I witness a display of shotgunning skill and dog work that I’m likely never to see again. The birds flush and fly hard in a stiff wind, often well ahead of the hunters. The dogs stay busy fetching birds and sorting out runners and cripples. At the end of the shoot, John Thames, looking a tad dazed, shakes his head and mutters, “I’ve never seen anything like it.” Mesa Vista Ranch reflects Boone Pickens’ lifelong commitment to conservation. His devotion to bobwhite quail and the Texas quail hunting tradition continues to shape this unique place, and to contribute to our body of wildlife management knowledge. Bubba Wood describes his longtime friend succinctly: “Boone isn’t a rich guy who hunts quail. He’s a quail hunter who became a rich guy. Believe me, there’s a big difference.”]]> 13313 0 0 0 https://landreport.com/2016/08/hummingbird-nest-ranch-sells/ Tue, 30 Aug 2016 07:00:53 +0000 https://www.landreport.com/?p=13329

  123-acre Simi Valley estate listed for $75 million in 2007, sold for $33 million in 2015.

  Only a few years have passed since Hummingbird Nest Ranch was being fast-tracked to become Simi Valley’s first five-star resort, complete with a 105-room hotel, 59 single, duplex, and triplex buildings featuring 98 casitas, restaurants, swimming pools, conference center, surgical center, and convention center in a converted horse barn. Located less than an hour from downtown Los Angeles, the 123-acre parcel was (and still is) considered one of the most desirable larger tracts in the region and is almost completely surrounded by public parkland that will never be developed. But the market did not respond favorably when owner David Saperstein put the property on the market for $75 million in 2007. Seven years later, he relisted the ranch for $49.5 million, a price that included extensive approvals from the City of Simi Valley. Late last year, it sold for $33 million to Kieu Hoang, the Vietnamese-born head of Agoura Hills-based RAAS Nutritionals. This cautionary tale of over-improvement begins with the founding of Metro Networks, a national traffic-reporting service, by Saperstein in 1978. In 1996, he took his brainchild public. Three years later, Metro Networks merged with Westwood One. In 2000, Saperstein’s Five S Properties Ltd. acquired the Simi Valley acreage. Renowned architect Richard Robertson was commissioned to create a 17,000-square-foot Spanish hacienda. Additional structures were built, including three riding arenas, 16 guesthouses, and a 20,000-square-foot horse barn. By 2004, the showcase property became known as Hummingbird Nest Ranch. In 2005, however, existing plans went awry when Saperstein filed for divorce. According to W Magazine, Suzanne learned the news while she was flying to Europe on the Sapersteins’ Gulfstream IV. When the jet made a stopover in Texas, she was served with divorce papers. “David, it turned out, was dumping her for the family nanny, Hillevi Svensson, who was also tall, blond, and Swedish – but only 32,” wrote Christopher Bagley in W. [caption id="attachment_13332" align="aligncenter" width="588"] The popular and pricey event venue has hosted a slew of celebrity weddings, corporate conferences, and equestrian events.[/caption] In 2007, Saperstein put the property on the market for $75 million. A number of factors – pricing, the onset of the Great Recession, the scale of the improvements, or perhaps all of the above – proved prohibitive. No buyer emerged, and Hummingbird Nest Ranch was taken off the market. A new, more ambitious approach was soon in the works. Sapertstein turned to developer Dean Kunicki to transform his private ranch into a catalyst for tourism and hospitality in Simi Valley. Their plan coincided with efforts by the City of Simi Valley to entice more Los Angelenos to make the hour-long drive to nearby Ventura County. The permitting process required years of effort and untold investment, but Kunicki delivered. By 2014, the Simi Valley City Council greenlighted the general plan, zoning changes, and necessary environmental approvals. Not long afterward, Hummingbird Nest Ranch was back on the market for $49.5 million, including existing approvals from the city. Kieu Hoang closed on the property in November. The final purchase price? $33 million. According to Paige Gordon of Keller Williams Realty, the new owner plans to turn the ranch into a wellness retreat. She told the Ventura County Star that Hoang has no plans to build “a full-blown hotel.” Drew Mandile and Brooke Knapp of Sotheby’s International Realty were the listing agents.]]> 13329 0 0 0 https://landreport.com/2016/08/land-report-august-2016-newsletter/ Mon, 15 Aug 2016 07:00:48 +0000 https://www.landreport.com/?p=13339 Ever heard of a wind tax? Probably not. That's because only one state has one: Wyoming. Although the Cowboy State claims to be a low tax haven, it imposed the nation's lone tax on power generated by wind turbines in 2012. Not surprisingly, landowners, small business owners, and investors do not see this as a business-friendly policy. Read all about it in the August newsletter. Other stories include:
  • The Navajo Nation sues the EPA
  • Apple's former chairman lists the largest ranch in Carmel Valley
  • An important conservation win near Steamboat Springs
  • The sale of two key Florida properties
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 13339 0 0 0 https://landreport.com/2016/09/whiskey-and-eggs/ Tue, 06 Sep 2016 08:05:02 +0000 https://www.landreport.com/?p=13342 Helen Kleberg steadies 1946 Triple Crown champion Assault after the chestnut colt won the Belmont Stakes with Warren Mehrtens up.[/caption]

  A delightful missive from the First Lady of Cutting.

  What a nice article regarding King Ranch Quarter Horses and more [“Horse Power,” The Land Report, Texas 2016]. There are a few discrepancies I'd like to point out and offer a little information. My name was Helen King Kleberg. My parents [were] Bob and Helen Kleberg. In the time of Capt. King, colts were broken at age 3 or 4 because there was no supplemental feed. Therefore, they were not strong enough for work until later. Capt. King purchased a Kentucky stallion in 1868 for more than he had paid for his original Santa Gertrudis Ranch. Caesar gave Bob Kleberg “Old Sorrel” as a colt. Bob roped and cut on him, country raced and had him up and down the ranch commissary stairs. Mr. Kleberg’s other son, Dick, who had been to TMI, rode Old Sorrel bareback with only a halter to guide him with over poles set at 4' in a Hitchcock corral to show he could jump as well as any Thoroughbred! Old Sorrel was bred to mares proven as cutting or roping mares with ability as well as to St. Simon Line Thoroughbred mares acquired from Ed Lazarus, who let Bob have them for King Ranch on condition that no offspring would be registered for Thoroughbred racing. Solis and Tino came from those mares. (I personally don’t remember much about the other studs & dams.) My father knew John Dial, a South Texan, and what a good Judge of racehorses he was. He and my mother met him in Kentucky to go look for a good Thoroughbred stud for the ranch. They found Chicaro at a Whitney Stud Farm and were able to buy him. I'm not sure whether it was on that trip or the next one that they came home from Kentucky with more mares besides Cornsilk. Mind you, in the Depression, these Thoroughbreds were not expensive. We had racing at Kingsville complete with mile track, stables, stands, pari-mutuel machines, etc. I don't remember whether [it was] 1934, ’35, or ’36 – it was during Ma Ferguson’s time as Governor! Ciencia – by Cohort and out of Science – was born at Santa Gertrudis. She won at Kingsville at 2 and went to California with her trainer, Johnny Ferguson, where she was terribly sick with distemper. Johnny said a case of whiskey and eggs cured her. She won the California Derby against colts. (Science was one of the original well-bred Thoroughbreds that came from Kentucky). I think it was Saratoga 1934 that Robert J. Kleberg Jr., my father, bought Split Second and Dawn Play with Max Hirsch helping him and agreeing to train them. The next year Split Second won the Selima, an important race for 2-year-olds in Maryland. The next year, Dawn Play won the Acorn and The Oaks at Belmont. Dawn Play won the American Derby beating Case Ace, a leading colt. She was supposed to run against War Admiral in a match race, but lightning hit Mr. Hirsch's barn at Saratoga and ended her career. Soon Bob Kleberg bought Bold Venture, which had been trained by Max Hirsch to win the Derby and Preakness but broke down before the Belmont. He was considered to be a shy breeder so the price was right! Besides siring Assault at King Ranch, winner of the Triple Crown, Bold Venture, sired Middleground, winner of The Derby and Belmont and 2nd in the Preakness as well as many stakes mares, including Woven Webb, better known as Miss Princess, which beat Shoo Fly in a match race to establish her as a top Quarter Horse race mare of the time. I am fortunate to have a pretty good memory for 88 years old and to have grown up on or around King Ranch horses. I rode competition cutting horses later on – my best being Imari Tari by Little Peppy and Miss Peppy and also by Mr. San Peppy. I hope you enjoy these “add-ons.” Sincerely, Helen K. Groves San Antonio, Texas]]> 13342 0 0 0 https://landreport.com/2016/09/wyoming-owns-the-wind/ Wed, 07 Sep 2016 07:00:32 +0000 https://www.landreport.com/?p=13345 Cowboy State tax that generates millions from wind power imperils multi-billion-dollar Anschutz project. Wyoming prides itself on its status as a low tax haven. It has no individual income tax, no corporate income tax, and according to the Tax Foundation, the nation’s best tax climate for businesses. The Anschutz Corporation has good reason to dispute that last point. Two of its subsidiaries have invested millions of dollars and countless man-hours planning the Chokecherry and Sierra Madre Wind Energy Project, one of the world’s largest wind farms on Philip Anschutz’s Overland Trail Ranch in Carbon County. The region features some of the best wind conditions in the Lower 48. In 2012, however, Wyoming became the first and only state in the Union to levy a tax on power generated at wind farms. The current rate is $1 per megawatt-hour produced, and according to the Los Angeles Times, that rate could possibly increase. One possible outcome: taxing the multi-billion-dollar project out of existence. Click here to read more. Photo Credit: Michael Smith / Getty Images]]> 13345 0 0 0 https://landreport.com/2016/09/guaranteed-loan-programs-find-favor/ Tue, 13 Sep 2016 08:05:59 +0000 https://www.landreport.com/?p=13361 Ag lenders are reducing exposure to lending risks by requiring more farm real estate as collateral for large, non-real estate farm loans. –The Editors Using responses from 213 banks, economists with the Kansas City Federal Reserve Bank presented a survey of Agricultural Credit Conditions covering the first quarter of 2016. A selection of observations by some of these bankers follows: “Good quality land has still brought a premium at auctions. Marginal soil types have reduced in price or ‘no sold’ at auctions. Cash rents have remained steady.” – Southeast Nebraska “Leveraged farmers are beginning to see their debt load increase and becoming harder to manage.” – Southeast Colorado “Production expenses have not decreased in proportion to decreased market prices.” – Southeast Colorado “Debt repayment on real estate and equipment loans is a big problem.” – Western Missouri “Cow-calf areas have plenty of margin after annual debt service and living costs.” – Southeast Wyoming Read the complete report at www.KansasCityFed.org.]]> 13361 0 0 0 https://landreport.com/2016/09/navajos-sue-epa-over-gold-king-spill/ Wed, 14 Sep 2016 07:00:37 +0000 https://www.landreport.com/?p=13365 On August 16, the Navajo Nation filed a lawsuit against the Environmental Protection Agency and more than a dozen other entities, alleging mismanagement of Colorado’s shuttered Gold King mine. The suit says that 440 tons of metals spilled out when the mine’s seal was accidentally broken; three million gallons of toxic sludge colored the Animas River bright yellow before flowing into the San Juan River and Navajo lands. The suit is one of several actions the federal agency faces following the 2015 debacle, including a criminal investigation by its own inspector general. In addition, the State of New Mexico has sued the EPA and the State of Colorado over spill. Click here to read more. ]]> 13365 0 0 0 https://landreport.com/2016/09/steamboat-springs-ranch-conserved/ Wed, 28 Sep 2016 07:00:25 +0000 https://www.landreport.com/?p=13413 A fourth-generation Routt County ranching family has finalized a conservation easement on their 656-acre ranch. The Stankos conserved 141 acres of their ranch in 2000; the central 152 acres were conserved in 2014. The final conservation easement protects the remainder of the ranch — some 363 acres. The Colorado Cattlemen’s Agricultural Land Trust partnered with the Stankos to conserve the final portion with support from the Routt County Purchase of Development Rights Program and the Upper Yampa River Habitat Partnership Program. All told, the land trust has partnered with Routt County on the conservation of more than 11,500 acres, assisting 16 ranching families across the county. Colorado Cattlemen’s Agricultural Land Trust holds conservation easements on an additional 16,000 acres in Routt County and has conserved more than 465,000 acres statewide. A major focus of CCALT’s work in Routt County and across the state is to help ranchers with the intergenerational transfer of their properties. Click here to read more. ]]> 13413 0 0 0 https://landreport.com/2016/10/the-land-report-top-ten-summer-2016/ Tue, 04 Oct 2016 07:00:05 +0000 https://www.landreport.com/?p=13428

  At 948,380 deeded and leased acres, the Winecup Gamble is a vibrant symbol of the Old West. — The Editors

  1. NEW! Sandow Lakes Ranch (Texas): $250 million This 33,777-acre acre Central Texas sanctuary is being sold by Alcoa. Bernard Uechtritz, international real estate advisor for Briggs Freeman Sotheby’s International Real Estate and founder of International Icon Properties, has the listing. 2. Gemini (Florida): $195 million This nearly 16-acre South Florida compound, which is owned by the Ziff family, features 1,200 feet of Atlantic Ocean frontage and about 1,300 feet on the Intracoastal Waterway. Carmen D'Angelo Jr. of Premier Estate Properties is co-listing agent. 3. Rancho San Carlos (California): $125 million This 237-acre hilltop estate is perched high above the Pacific in Montecito. Ten residential cottages complement the Reginald Johnson-designed main residence. Suzanne Perkins and Harry Kolb of Sotheby’s International Realty Santa Barbara the listing agents. 4. Las Varas Ranch (California): $108 million These 1,800 acres just west of Santa Barbara encompass more than 2 miles of Pacific Ocean frontage. Listed with Kerry Mormann of Berkshire Hathaway HomeServices and Anthony Punnett of Douglas Elliman Real Estate. 5. Cielo Vista Ranch (Colorado): $105 million Thousands of elk, a resident herd of bighorn sheep, and deeded ownership of 14,000 acres are a few high points of this 83,628-acre Sangre de Cristo ranch. Listed with Jeff Hubbard and Pat Lancaster of Mirr Ranch Group. 6. Neverland | Sycamore Valley Ranch (California): $100 million These 2,698 acres are located 5 miles north of Los Olivos in the heart of Foxen Canyon. Suzanne Perkins and Harry Kolb of Sotheby’s International Realty Santa Barbara and Jeff Hyland of Hilton & Hyland Beverly Hills have the listing. 7. Homer’s Pond (Massachusetts): $99 million This private retreat is set on 314 acres along the southern shore of Martha’s Vineyard and is available in its entirety or in smaller parcels. Grace Bloodwell and Charles Carlson of South Light Property have the listing. 8. Pumpkin Key (Florida): $95 million This 26-acre island in the Florida Keys sits between Key Largo and the mainland. Improvements include a main residence, two caretaker’s cottages, a dock master’s apartment, and an office. Accommodations and dockage at Ocean Reef transfer. Russell Post of Russell Post Sotheby’s International has the listing. 9. NEW! Winecup Gamble Ranch (Nevada): $77 million This storied commercial beef operation currently carries 9,200 mature cattle not counting 2016 calves. The Marketing Broker is Bates Land Consortium, and the Listing Broker is Coldwell Banker Algerio/Q-Team Realty. 10. Tri-State Farm & Ranch (CO, KS, NM): $76.4 million These five cattle- and grain-producing properties encompass 37,771 acres in the heart of the Southern Great Plains. A total of 85 water wells and 87 pivots are already in place. Leo Hayden and Dax Hayden of Hayden Outdoors have the listing.]]> 13428 0 0 0 Cielo Vista Ranch]]> https://landreport.com/2016/10/sold-floridas-red-stag-sanctuary-and-little-cypress/ Wed, 05 Oct 2016 07:00:48 +0000 https://www.landreport.com/?p=13431 Dean Saunders and Brian Beasley of Coldwell Banker Commercial Saunders Real Estate brokered the sale of two Florida agricultural properties totaling 2,524 acres. The 1,784-acre Red Stag Sanctuary, which formed the northern portion of the Smith Ranch in Okeechobee and St. Lucie counties, sold for more than $8.29 million on July 22. (Coldwell Banker Commercial Saunders Real Estate has the listing on the 6,984-acre southern portion of the Smith Ranch, which lies in the heart of Florida’s cattle country. It is on the market for $25.142 million.) Red stag, axis, and sika deer complement native whitetails and turkey in the high-fenced area of the ranch. Little Cypress sold for $2.1 million on July 27. Formerly a 640-acre citrus grove in southern Hendry County, it will be cleared and converted to a row crop operation. Click here to read more.]]> 13431 0 0 0 https://landreport.com/2016/09/land-report-september-2016-newsletter/ Thu, 15 Sep 2016 07:00:37 +0000 https://www.landreport.com/?p=13435 Thousands of dollars per acre, multi-million-dollar donations, billion-dollar transactions – the third quarter of 2016 ends with a bang! Read all about it in our September newsletter. Articles include:
  • $1 billion sale of Whistler Blackcomb to Vail Resorts approved
  • Yosemite National Park receives strategic acreage
  • Yaggy Plantation to be auctioned October 5
  • Badlands ranch sells for $3.3 million
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter,Pinterest, Google+, and Instagram.
  ]]> 13435 0 0 0 https://landreport.com/2016/10/hall-and-hall-celebrates-70-years/ Tue, 11 Oct 2016 07:00:45 +0000 https://www.landreport.com/?p=13440 EARLY DAYS. Douglas Hall, Henry Hall Sr., Warren Hall, and Henry Hall Jr.[/caption] Text by Corinne Garcia Like millions of other citizen-soldiers, Henry Hall Sr. put a successful career at Connecticut Mutual Life Insurance on hold to serve his country during World War II. By the end of the war, however, his former position as the head of ag lending was no longer available. In fact, the only job at Connecticut Mutual that he could scrounge up wasn’t even at headquarters in Hartford; it was two time zones west in Colorado as an agricultural loan correspondent. Faced with few options, Henry and Nellie Hall journeyed to the Mile High City in 1946 where Henry and his older son, Warren, established Hall and Hall Mortgage Corporation. From this humble beginning, an iconic brand was forged. Henry Hall would man the helm in Denver for the next 22 years. In 1954, Warren carried the flag to Billings, Montana, to open a second office. In 1959, Hall and Hall Inc. in Billings morphed into a separate company. The Denver branch of the family, under Henry Sr.; his two sons, Henry Jr. and Douglas; and grandson Michael, built the mortgage lending, appraisal, and brokerage business in Colorado and Southern Wyoming. The Billings branch of the family, under Warren and his son, Doug, and Jim Taylor, moved aggressively into ranch real estate. “I had this concept that ranches needed to be marketed on a national and an international basis. Hopefully, there were investors that would look at ranchland as a standalone investment,” Taylor says. Who better to prove Taylor right than Malcolm Forbes? In 1968, the publisher of Forbes paid $600,000 for a Montana ranch. The six-figure price worked out to a sky-high valuation of $1,000 per cow unit. Yet just ten years later, that same ranch sold for $7 million. The dam was about to break. (Learn more about the Forbes and their legacy in The Land Report Winter 2014.) In 1989, Bobby Shelton gave Hall and Hall Inc. an exclusive one-person listing to show Ted Turner the 107,000-acre Flying D Ranch. Shelton thought it inconceivable that the cable TV mogul would agree to his terms. He thought wrong. The $21 million purchase price was a game-changer. It not only raised the bar in ranch real estate, but it confirmed what Taylor had divined: investment-quality rural real estate was an asset class unto itself. Decades later, Taylor and his colleagues took this concept one step further when they successfully launched Hall and Hall Auctions. The goal? Greater liquidity for the asset class. The Flying D was not the first ranch Turner bought with Hall and Hall. Nor would it be the last. All told, Turner Ranches relied on Hall and Hall to help acquire a significant part of his portfolio totaling more than 2 million acres in the United States and overseas. In the late 1980s, Doug Hall and Jim Taylor were sole owners of Hall and Hall Inc. Then the two invited Joel Leadbetter and another broker to buy in as shareholders. The resulting structure was a unique brokerage model: an employee-owned firm. “As an employee-owned company, we’ve assembled a great team of men and women, many of whom are shareholders. Everybody has a seat at the table. We all work together,” says Leadbetter, who succeeded Taylor as managing director. “This structure requires a group that’s very dedicated to the same principles and work ethic,” says Doug Hall, now chairman emeritus. As Hall and Hall Inc. grew, the idea of reuniting with Hall and Hall Mortgage emerged as an obvious move. That took place in 2000, and the results speak for themselves, most recently with the record-breaking sale of the W.T. Waggoner Estate Ranch in February. “It’s been a record year, so there’s a pretty good feeling around these offices,” Doug says. In 1968, when Henry Sr. stepped down, he gave his successors a bit of advice: “Together, we have built a reputation, a modest living, and a way of life that is rewarding to me. Now it is yours. Nurture it. Devote your energies to expansion, diversification, and integrity.” Boy, did they.]]> 13440 0 0 0 https://landreport.com/2016/10/vail-resorts-to-buy-whistler/ Wed, 12 Oct 2016 07:00:01 +0000 https://www.landreport.com/?p=13445 Canadian government approves $1B acquisition. The world’s biggest ski resort company just got bigger. Vail Resorts, which operates ski resorts in five states and Australia, announced that the Canadian Competition Bureau has issued a no-action letter indicating that it does not intend to challenge the proposed strategic business combination joining Whistler Blackcomb with Vail Resorts. The acquisition was announced in early August. “Whistler Blackcomb is one of the most iconic mountain resorts in the world with an incredible history, passionate employees, and a strong community. With our combined experience and expertise, together we will build upon the guest experience at Whistler Blackcomb while preserving the unique brand and character of the resort as an iconic Canadian destination for guests around the world. We are delighted to add such a renowned resort to Vail Resorts and look forward to expanding our relationships in the Sea-to-Sky community, British Columbia, and Canada,” said Rob Katz, chairman and CEO of Vail Resorts. The transaction is expected to close in the fourth quarter of 2016. Read more HERE.]]> 13445 0 0 0 https://landreport.com/2016/10/the-land-report-fall-2016/ Sat, 15 Oct 2016 07:00:34 +0000 https://www.landreport.com/?p=13458 Chris Soules, aka America's most famous farmer, tells his story in The Investment Issue, which focuses on above-market returns in key sectors such as ranchland, timberland, as well as hunting and farming properties. Learn how this Iowa farm kid grew up to become our country's leading agvocate, and see why he believes the next decade will usher in a dramatic shift in ag land ownership in his native state. Other stories in our Fall issue include
  • The Winecup Gamble Ranch may well be America's best ranch investment
  • Maximizing timberland returns through sophisticated land management
  • Tour America's finest hunting lodge
  Read all about it HERE.]]> 13458 0 0 0 https://landreport.com/2016/10/lands-best-friend-the-noble-thief/ Wed, 19 Oct 2016 07:00:59 +0000 https://www.landreport.com/?p=13465

  Despite its inauspicious heritage, the Brittany spaniel is well beloved by its legions of fans.

  The rootstock of the modern Brittany, one of the world’s most beloved and versatile hunting breeds, is a less-than-savory tale. It dates back to medieval poachers, who relied on small, close-working hunting dogs to point and retrieve snipe, woodcock, and hare. Just as importantly, this partner in crime needed to come to a soft whistle or a whispered command. Back at the family hovel, the dog’s chores also included killing small vermin and keeping marauding foxes away from the boss’s scrawny chickens. As early as the first century AD, peasants in the region that would become France were breeding small, versatile hunting dogs from a variety of land spaniels. As feudalism manifested itself, these small pointing spaniels became the choice of subsistence poachers. Although they no doubt varied considerably in size and color, these early poaching dogs would probably look quite familiar to modern bird hunters. Today, the best Brittanies retain the cooperativeness, versatility, and moderate range of their forebearers. Yet they go about their work with dash and class that would shock the old poachers. A good Brittany will point and fetch upland birds, and, under moderate conditions, retrieve waterfowl. Most are sweet natured and easy to train. Breed enthusiasts often say, “You don’t train a Brittany. You show him what you want done.” Do: - Raise your Brittany as a member of the family. - Check with the North American Versatile Hunting Dog Association (www.navhda.org) for guidance. Don’t: - Buy pups from show or pet stock. - Resort to harsh discipline. Brittanies thrive under gentle, patient training.]]> 13465 0 0 0 https://landreport.com/2016/10/gold-king-mine-named-superfund-site/ Fri, 21 Oct 2016 07:00:16 +0000 https://www.landreport.com/?p=13471 On September 9, the Environmental Protection Agency added Colorado’s Bonita Peak Mining District, which includes the shuttered Gold King mine, to the National Priorities List, making it eligible for additional study and cleanup resources under EPA’s Superfund program. The EPA has taken responsibility for the August 2015 spill, which affected waterways in Colorado, New Mexico, Arizona, and Utah. Numerous entities have sued the agency for mismanagement after the mine’s seal was accidentally broken during a routine assessment. It took less than an hour for more than three million gallons of toxic sludge to spill out and color the Animas River bright yellow before flowing into the San Juan River. Click here to read more.]]> 13471 0 0 0 https://landreport.com/2016/10/land-report-october-2016-newsletter/ Sat, 15 Oct 2016 07:00:20 +0000 https://www.landreport.com/?p=13526 Our October newsletter focuses on generating above-market returns, courtesy of:
  • Chris Soules, aka, America's most famous farmer
  • Winecup Gamble Ranch, aka, America's best ranch investment
  • Innovative resource management at Carter Stilley Wetland & Stream Mitigation Bank
  • Steve Hageman's hunting paradise, The Reserve
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 13526 0 0 0 https://landreport.com/2016/10/private-landowners-facilitate-expansion-of-yosemite/ Tue, 25 Oct 2016 07:00:24 +0000 https://www.landreport.com/?p=13528 Robin and Nancy Wainwright shunned a lucrative offer for 400 acres on the western edge of Yosemite National Park and instead sold Ackerson Meadow to the Trust for Public Land for $2.3 million, which donated the land to the National Park Service on Sept. 7. “To have that accessible by everyone to me is just a great thing,” Wainwright said. “It was worth losing a little bit of money for that.” The meadow was acquired with $1.53 million in funding from The Trust for Public Land and $520,000 from the nonprofit Yosemite Conservancy with additional support from National Park Trust and American Rivers. “Donating the largest addition since 1949 to one of the world’s most famous parks is a great way to celebrate the 100th birthday of our National Park Service and honor John Muir’s original vision for the park. We are delighted and proud to make this gift to Yosemite and the people of America,” said Will Rogers of The Trust for Public Land. Click here to read more. ]]> 13528 0 0 0 https://landreport.com/2016/10/sold-the-woodie-lee-watson-family-trust-ranch-sells-for-more-than-3-3-million/ Thu, 27 Oct 2016 07:00:35 +0000 https://www.landreport.com/?p=13531

  Badlands Ranch sells for $1,670 per acre.

  The Woodie Lee Watson Family Trust Ranch in the North Dakota Badlands sold for more than $3.3 million on Sept. 28. The property had been in the family for nearly a century and offers exceptional vistas of the Little Missouri Scenic River and Theodore Roosevelt National Park. The ranch was available in its entirety or as many as 13 individual parcels; it sold for an average of $1,670 per acre to nine buyers. All nine were from North Dakota. Prices ranged from $825 per acre for a 615-acre parcel to $4,700 per acre for the parcel that included a home and a historic barn. Kevin Pifer of Pifer’s Auction & Realty oversaw the Sept. 28 auction, which drew more than 50 registered bidders and a crowd of more than 150. Click here to read more.]]> 13531 0 0 0 https://landreport.com/2016/10/land-to-table-fire-roasted-catering/ Wed, 26 Oct 2016 07:00:57 +0000 https://www.landreport.com/?p=13534 AT THE READY: Jeremy Stanton (third from left) and his crew of weekend warriors create culinary experiences celebrating local and seasonal ingredients. [/caption] The hills and the glens of Western New England are teeming with rabble-rousers, scores of restless souls who have opted out of the status quo. Do not mistake them for foodies; their ambition goes well beyond sating their palates, or yours. Instead, their focus is the genesis of the food chain: the land. Their goal? To revolutionize their experience at the table, and at yours. One Jeremy Stanton has been identified as a primary instigator. It is said he runs a butcher shop in Great Barrington called, of all things, The Meat Market. But as the following pages document, he and his cohort at Fire Roasted Catering are capable of operating to great effect both far and wide. [caption id="attachment_13538" align="alignleft" width="392"] THE HEAT IS ONE. Wood-grilled sumac-rubbed heritage chickens cook to perfection.[/caption]Although he once donned a chef’s jacket and has the requisite degree from the Culinary Institute of America, Jeremy Stanton no longer prepares classic French fare. Or Italian. Or Asian. Gone are the days when terms such as chef de cuisine and amusebouche pepper his conversation. Instead, Stanton has returned to his roots in the Berkshire Mountains of Western Massachusetts, a setting he informs me was considered America’s bread basket during the colonial era. In the nineteenth century, sheep replaced wheat as Berkshire wool gained renown. Today, small farms and dairies dot the land once again. They are his larder, and their owners his collaborators. Stanton lionizes his vendors, a network of farmers, cattle raisers, cheese makers, and pork producers who share his commitment to nurturing the land traditionally. “They get so many pounds off such small tracts. And they don’t take short cuts like using chemical fertilizers. They do things like compost excess waste,” he says. The end result is a sophisticated form of foraging. “We just catered a wedding in Portland [Maine], and we sourced all the produce from within two miles of the venue,” Stanton says. “You can sense the difference. It’s more than just flavor. It’s the land.” It is this hyper-local dynamic that distinguishes his current culinary mind-set from the days of yore. “So much of what we do is a balance, a balance of what’s in the soil with a myriad of elements, including the water that is used to grow the produce, the grains, and even the beer brewed here. Water is so full of things that will impart different characteristics,” he says. [caption id="attachment_13537" align="alignright" width="448"] THE APPETIZER BOARD. Thanks to countless hands and a celebrated Italian slicer, the wow factor is palpable.[/caption]Another critical element is, of course, fire. Given the company’s name – Fire Roasted Catering – it comes as no surprise that Stanton continually sources hardwoods for use at his events. “It’s another opportunity to play with the elements of nature,” he says. “Different woods can be used to create entirely different outcomes. Ash, maple, oak, hickory, locust – every piece of wood we use has a different BTU level. And then there is the height of the flames themselves. Are we searing, charring, or roasting? I’m always recalculating. To me, it’s a puzzle to be solved,” he says. Stanton has transformed a potential drawback – a firewood quarantine associated with an Asian beetle known as the emerald ash borer – into an opportunity. “Since we can’t transport firewood across county lines, we must source local hardwoods to cook. What an ideal solution,” he says. For a larger event such as a wedding, Fire Roasted Catering arrives anywhere from six to eight hours in advance. Smaller gatherings require three to four hours of work on-site. This summer marked the first time that Fire Roasted Catering was booked to put on a first anniversary celebration. “We actually catered the couple’s wedding, but they were so mobbed by family and friends that they never got to try anything. So since everyone raved about how good it was, they thought they should find out for themselves,” Stanton says. Resources Fire Roasted Catering | www.fireroastedcatering.com The Meat Market | www.themeatmarketgb.com]]> 13534 0 0 0 https://landreport.com/2016/11/new-mexico-suspends-sale-of-pueblo-acreage/ Wed, 02 Nov 2016 07:00:39 +0000 https://www.landreport.com/?p=13540 The New Mexico Taxation and Revenue Department has temporarily suspended the sale of 8.7 acres in Cibola County that are owned by the Acoma Pueblo. Unlike the Pueblo’s traditional holdings, the disputed tract has not belonged to the tribe for centuries. Instead, it was acquired in 2004 via a quitclaim deed. Thanks in large measure to the uncommon chain of title, New Mexico Taxation and Revenue claims that $30,387.99 in delinquent taxes are currently due. The Acoma Pueblo disputes the claim; it says that regardless of ownership history, all tribal lands are tax exempt per federal law. Albuquerque’s KOB Channel 4 reports that the Pueblo’s attorney filed a federal order to stop the land sale on Oct. 12. Subsequently, the planned tax sale has been postponed. Click here to read more.]]> 13540 0 0 0 https://landreport.com/2016/11/sold-wyomings-iconic-walton-ranch/ Tue, 08 Nov 2016 07:00:12 +0000 https://www.landreport.com/?p=13547 The Jackson Hole News & Guide reports that the largest ranch in Jackson Hole has sold after five years on the market. The 1,848-acre Walton Ranch, which sits in the shadow of the Grand Tetons on the Snake River, was assembled by Paul and Betty Walton beginning in 1958. Originally listed for $100 million, it was most recently priced at $39 million. Neither the final price nor the buyer’s identity were revealed. Ron Morris of Ranch Marketing Associates listed the property in 2011; he attributed a strict conservation easement granted to the Jackson Hole Land Trust as an impediment. Only two building areas are permitted, and the only commercial activity is grazing cattle. No hunting of resident elk is allowed. “That was part of the problem. If there hadn’t been that easement on it, it would have sold a lot faster,” Morris told the News & Guide. Joel Leadbetter and Tim Murphy of Hall and Hall represented the buyer. Click here to read more. ]]> 13547 0 0 0 https://landreport.com/2016/10/americas-best-ranch-investment-winecup-gamble-ranch/ Sat, 01 Oct 2016 07:00:35 +0000 https://www.landreport.com/?p=13648 General Manager James Rogers says his cowboys “get on their horses every day.” Translation? On Nevada’s Winecup Gamble, the ways of the West are alive and well.[/caption]

  In a storied corner of The Old West, Paul Fireman has instituted one of the greatest turnarounds in the annals of American ranching.

    It’s surprising how often a ranch is described as unique. Likewise, the term one-of-a-kind opportunity is bandied about much too eagerly. Few are the properties whose singularity is so pronounced that they merit such accolades. Does their size and their carrying capacity truly set them apart? Is there a remarkable historical narrative or geologic aspect worth crowing about? What about the wildlife? There’s many a cow-calf operation whose fortune is bolstered by the renown of its hunting. What if a ranch boasted all of the above and then some? Like a stout P&L, sophisticated management, proven hands, and good neighbors. You know what I’d be inclined to call that outfit? The Winecup Gamble. [caption id="attachment_13651" align="aligncenter" width="588"] The seeps and springs that water the Winecup Gamble were snapped up by enterprising cowmen more than a century ago.[/caption] Remember the Forty-Niners? Those intrepid souls journeyed thousands of miles on foot and by ox-drawn wagons in search of a better life. And they did so on the first superhighway to cross the American West. It was called the California Trail, and its many routes were perilous at best. Is there a more haunting chapter in the history of the Old West than the fate of the Donner Party? That was the California Trail at its worst. Compare that with the northeast corner of Nevada where the California Trail muddies the waters of Thousand Springs Creek. That may well be the California Trail at its best. Imagine what it must have been like to spend weeks crisscrossing deserts and choking down dust only to arrive at a camp with hot springs and cold springs. No pampered spa goer at a four-star resort could equal the delight of those pioneers as they soaked their weary bones. Thousand Springs Valley had long been a favorite hunting ground of the Shoshone and early mountain men. By the mid-1800s, this closed basin became the headquarters of a nascent ranching empire. A series of enterprising cattlemen, including future Nevada governor John Sparks, sized up the possibilities in the Thousand Springs Valley and set out to secure water rights however and wherever possible. There was a method to this madness, and it had to do with the enormous amount of public land in Elko County. Grazing cattle on public land can be lucrative. But there’s a catch: Although the land may be public, the water rights can be privately owned. A favorite strategy of early ranchers was to have one of his cowboys file a homestead claim on a strategic tract. Maybe it had a spring or a seep, but as soon as the cowboy took title, he turned around and sold the property to his employer. Over the last 150 years, operators of all ilks ran cattle in the broad valleys and sheep on the hillsides that ring this watertight basin. No precipitation leaves its boundaries. Some, such as a Scot named David Eccles, who purchased the ranch in 1908, were men of vision, true empire builders. An original backer of the Utah Construction Company, the Eccles Company won immense contracts to build the Hoover Dam (1931) and the Alaskan Highway (1942). The bonding requirements on both federal projects were so steep that Utah Construction was forced to pledge its Elko County ranch holdings as collateral. At the time, they totaled an almost unimaginable 3 million acres. But in the decades that followed, there came a series of owners that Salt Lake City broker C. Patrick Bates describes as “lightweights, speculators, and short-term players.” The land suffered and so did the storied reputation of the Winecup Gamble. [caption id="attachment_13652" align="aligncenter" width="588"] In addition to Thousand Springs Creek, which winds its way some 75 miles through the ranch, the Winecup Gamble is blessed with 8 additional live creeks, 2 reservoirs, 43 ponds, and 49 springs.[/caption] That changed in 1993 when Paul Fireman assumed the reins of the Winecup Gamble Ranch. Like unique and one-of-a-kind, the term visionary is misapplied all too often. Not in Fireman’s case. In 1979, the Massachusetts native snapped up the US rights to distribute a niche British product. You know the Reebok name now, but you probably didn’t until Fireman came along. He eventually became chairman and CEO of Reebok International. In 2006, he sold Reebok to Adidas for $3.8 billion. That’s what I mean by visionary. In 2009, Fireman looked into his crystal ball and saw another vision: a robust ranch in the heart of Thousand Springs Valley. The time had come to reinvigorate the Winecup Gamble. Fireman’s first step was to engage Clay Worden, a nationally known partner in the agribusiness practice at RSM LLP. Worden brought on board Dykes Everett and Keith Holcomb at Dykes Everett & Company in Orlando to assist with the implementation of the turnaround. Worden’s next step was to convince a Wyoming rancher he had befriended named James Rogers to take over the cattle operation. Some will no doubt attribute the successes of this cadre to luck. I will gladly second that notion as long as luck is defined as follows: when preparation meets opportunity. [caption id="attachment_13653" align="aligncenter" width="588"] How big is a million-acre ranch? Think of it this way: After a pasture is grazed, it enjoys an 18-month rest.[/caption] In the years that followed, a disastrous multi-year drought clobbered many cattle producers. So did record corn prices. In short order, the US cattle herd shrank to its smallest size since 1952. Meanwhile, demand stayed robust. The result? A startling run of record beef prices. As profits poured in, Fireman took the long view and plowed them back into his ranch. Over the last seven years, $19 million has been reinvested in livestock, fencing, barns, corrals, employee housing, irrigation, wells, water infrastructure, and more. Ever have a piece of property just the way you want it? Fences high and tight? Roads in good shape? Good neighbors? No leaking roofs? James Rogers knows that feeling. Only his property is 247,500 deeded acres and 558,080 acres of leased federal land. He also has access to another 142,800 acres of unfenced deeded land owned by his neighbors. You see, in Nevada, landowners must fence livestock off of their property. Otherwise, they graze freely. What do you do with a million-acre ranch? “It gives us a lot of options,” Rogers says. “The advantage of this operation is that we have a lot of choices and a lot of options to manage our landscape. Because of that, we have an amazing operation.” The ranch was running an astounding 9,000 head when I visited in June. The astounding part was that I expected to see feedlot-sized concentrations of cattle. Instead, the contrary was the rule: small clusters navigating expansive pastures. [caption id="attachment_13654" align="aligncenter" width="588"] Come wintertime, herds can get as large as 3,000 head. Most feature British bloodlines: Red Angus, Black Angus, and Hereford with a “taste of Beefmaster,” says General Manager James Rogers.[/caption] Rogers convinces me that there are, in fact, three 2,500-head herds, including 5,500 mother cows as well as replacement heifers and stockers. The bull battery numbers 350 head, and 200 older cows are used for seed stock. Three years ago, a grass-fed program was established on almost 1,400 acres of irrigated cropland. That’s optionality. The cattle are “predominantly a British breed influence with a taste of Beefmaster. Mostly Red Angus, Black Angus, and Hereford,” he says. The quality of the forage elicits an enthusiastic response from the cowman. “We have a fabulous variety of grasses; each one is thick and juicy and healthier than the next,” Rogers says. They include Needle-and-Thread, Great Basin wild rye, Russian wild rye, Indian rice, crested wheat, bluebunch wheat, Sandberg blue, and bottlebrush squirrel tail. It also helps that the Winecup Gamble has so many pastures to choose from. Some are as large as 67,000 acres, adds Bates’ associate David Packer. Yet managing a land resource of such size and complexity requires more than just rotational grazing. “Grazing different pastures at different times of the year actually encourages the diversity of grasses. It also prevents cattle from forming bad habits,” Rogers adds. “To me, it’s all about recovery. Giving the land adequate time to get into reproductive status. If you can allow it to do that and don’t come back till it has done that, it will thrive. That’s what you’ll see today,” Rogers says. [caption id="attachment_13655" align="aligncenter" width="588"] Acres of wildflowers color the many mountains that rise from a floor of 4,830 feet above sea level to 8,760 feet.[/caption] A frequent question posed to ranchers out West concerns the nature of their dealings with Uncle Sam. That’s especially so in Nevada where more than three-quarters of the state is federal property. Rogers’s response is refreshing: “What we’ve found is that what the BLM wants is what we want. They want good sage-grouse habitat? Guess what? So do we. Good sage-grouse habitat is superior cattle habitat. The Elko BLM shares that vision with us. We’ve worked hard to nurture a solution-minded approach,” he says “We have an amazing biologist here in Northeast Nevada, Kari Huebner, who manages game for the Nevada Division of Wildlife. Kari comes to the ranch and helps us develop our grazing management plans. You know what that means? We get Wildlife’s input on our plan on the front end,” he adds. The Winecup Gamble and seven other ranches have banded together to form SANE: Stewardship Alliance of Northeast Elko. It’s a landowner-driven group that partners with state and federal agencies on landscape-scale habitat projects that are also economically viable for the ranching community. One last thought: What’s the best way to take a tour of a million-acre ranch? If you’ve got the time, a fortnight in the saddle right after the spring rains would be ideal. An alternative would be to spend a week in a truck trekking from camp to camp, or in the Winecup Gamble’s case, headquarters to headquarters. (There are two.) Given my timeline, a helicopter turned out to be the best option. During our morning aloft, Rogers singled out a range of mountains and referenced it as the ranch’s property line. “Do you mean the one with the grassy slopes?” someone asked. “No, that’s the first range,” he replied. “Do you see the one with the big saddle?” We all nodded. “That’s not it, either. That’s the second range. I’m talking about the one with the snowy peak, the third range back.” That’s the Winecup Gamble for you. Unique. One-of-a-kind. Visionary. For more information on the historic Winecup Gamble Ranch, which is currently listed for sale at $77 million, lock, stock, and barrel, go to BatesLandCo.com.]]> 13648 0 0 0 https://landreport.com/2016/10/land-report-special-investment-timberland-carter-stilley/ Sat, 01 Oct 2016 07:00:39 +0000 https://www.landreport.com/?p=13664 Each year, timber companies plant hundreds of millions of seedlings nationwide.[/caption]

  Doing well by doing good has enabled American Timberlands to consistently beat market returns

  Text by Corinne Garcia For centuries, timberland has been recognized as a proven performer, an investment that has not only girded portfolios but has also formed the basis for multi-generational estates. Numerous Land Report 100ers own timberland, including Maine’s Pingree family, whose holdings date back to the early 1800s. One key attribute is that timberland weathers market turmoil far better than financial instruments. A recent NASDAQ study noted that “Timberland returns show significant positive correlation with inflation, while stocks and bonds do not.” Yet in the right hands, timberland can do much more than better the market. It can better the land. Few Americans realize that our country’s most valuable cash crop isn’t corn or beans or even marijuana. It’s timber. Makes sense, doesn’t it? Consider the value of a felled tree. Now factor in hundreds of millions of acres of forestland in the United States. But such a large scale also implies very typical returns. A good rule of thumb is a 6 to 8 percent annual return based on two factors: the biologic growth of the timber and the appreciation of the land. [caption id="attachment_13667" align="alignright" width="325"] Few realize that timber ranks as the number one cash crop in the United States.[/caption] Yet since 2005, American Timberlands has bested industry benchmarks by a whopping 700 basis points annually. Their secret sauce? American Timberlands looks beyond typical timber investments – biologic growth plus land appreciation – to incorporate a third factor: sophisticated land management. “We’re investing in land that has options for management opportunities that will provide other returns,” says American Timberlands CEO Thomas Rowland. “Timber is the basic attribute. But we’re looking for land that has other attributes that we can manage simultaneously to timber. We’re looking for environmental mitigation, mining, commercial opportunities, conservation, and in a few cases, low-density real estate development,” Rowland says. Wetland mitigation banking has proven to be one area that accelerates returns while aligning with the company’s skill sets as well as its mission to be land stewards. A paramount example of this would be American Timberland’s Carter Stilley Wetland and Stream Mitigation Bank. The 1,304-acre tract near South Carolina’s Myrtle Beach was prime wetlands until a paper and forest product company acquired it in the mid-1900s. After felling the hardwoods, Carter Stilley was ditched, drained, and converted to upland to facilitate faster growth. For the next 70 years, it was a pine plantation. When American Timberlands acquired it in 2014, it was in rough shape. “By virtue of our experience working for forest product companies, it’s very easy for us to identify sites where this kind of thing has taken place,” Rowland says. First, the pine trees were harvested. Then, native hardwood species were planted. At the same time, wetlands were restored. Today, Carter Stilley looks much like its former self. Not your typical timber investment, right? Well, there’s an added twist. Take the initial timber value of the pine. Restore the wetlands to create a mitigation bank. Then sell the credits. The result is a hefty ROI. The Clean Water Act states that there can be no net loss of wetlands in the United States. This means that no matter if you are the US Department of Defense, a state highway department, a real estate developer, or a private landowner, you cannot impact, fill, or destroy wetlands without supporting the creation of another wetlands within the same region. So building a highway or a shopping center can also mean buying credits from a mitigation bank such as Carter Stilley. [caption id="attachment_13668" align="aligncenter" width="588"] Rehabilitating a timber tract to mitigation bank standards is a substantial undertaking, one that utilizes a host of techniques such as controlled burns (left) and rebuilding streams (right).[/caption] The creation of a wetland mitigation bank develops a valuable income stream from a timberland investment that enhances typical timberland yields. It also adds to the recreational and aesthetic value of a property. In addition, it also benefits the environment while simultaneously providing for economic development. With Carter Stilley, American Timberlands knew it was sitting on a good investment. The tract was located in a coastal wetland, and after doing some due diligence, management realized that the bank would be the first in South Carolina to have coastal stream restoration credits. “There were many stream restoration credits available but not coastal stream credits, so we knew that there was a market there,” Rowland says. Fortunately, American Timberlands has the experience, depth, and skills necessary to bring a project like Carter Stilley together from start to finish. It partnered with an environmental consulting firm to develop the mitigation banking instrument, a document that outlines the development and credit potential of the land. The instrument also sets up milestones that have to be reached throughout the project. Credits are received when milestones are met. Upon completion, Carter Stilley had to be approved and permitted by the Army Corps of Engineers. The Corps also decides how many credits the bank receives and regulates it. From there, American Timberlands contracted much of the project themselves at a much-reduced cost, rebuilding the stream and replanting hardwood trees to re-create the wetlands. Thanks to strong working relationships with the regulatory community and agencies that buy credits, the company is in the management phase of Carter Stilley. Could a landowner create a mitigation bank using a property in his portfolio? The answer is yes, but the potential pitfalls are numerous. [caption id="attachment_13669" align="aligncenter" width="588"] Maximizing returns from a timber tract can be a complex task that requires a skill set far more advanced than a forestry degree.[/caption] “It’s not a risk-free venture,” warns Rowland. “From the very beginning, it’s a sizable investment. To get a permit takes time, and the work has to be done just right. You could get to the end and find out that you really don’t have the right site. If your bank isn’t in the right marketplace, or you don’t have the right buyers, you might have a lot of credits and no buyers.” Mitigation banks are definitely not do-it-yourself projects. Fee-based consultants can assist landowners. But American Timberlands prefers working with landowners as partners. A vested interest means all parties are in it for the long haul. “We do this because we love it. We are determined to be the best land stewards in the country,” Rowland says. “But we also do it to generate returns. As a partner, we’re driven by a different set of goals than a consultant might be. They are driven by fees, and we are driven by the returns generated from the success of the bank and the associated land investment.” American Timberlands has found a sweet spot in the land investment business, one timberland owners and investors appreciate on many levels. “Our mantra is doing well by doing good,” says American Timberlands Director of Capital Markets Harris Chewning. “We are doing really good things for the environment and simultaneously generating significant returns by doing so.” For more information on Carter Stilley and American Timberlands Fund III, go to www.AmericanTimberlands.com.]]> 13664 0 0 0 https://landreport.com/2016/10/land-report-special-investment-hunting-the-reserve/ Sat, 01 Oct 2016 07:00:28 +0000 https://www.landreport.com/?p=13674 The pool house immediately adjacent to the lodge rates as one of the best venues for enjoying spectacular sunsets.[/caption]

  Matchless Hunting Combines Old World Hospitality Just East of Dallas

    Set high above two forks of a Texas river, this masterfully planned 14,000-acre retreat features world-class waterfowl and upland bird hunting as well as fly-fishing, sporting clays, and other shooting sports. Rich wetlands, cultivated fields, and expertly managed pastures evince a devotion to the best traditions of sport and agriculture. It even boasts its own vineyard. The seasoned staff at the 65,000-square-foot limestone lodge welcomes the weary with creature comforts, superb service, and the finest fare. In 2005, Steve Hageman, founder and chairman of the board of Indianapolis-based Hageman Group, set his sights on acquiring top-tier farmland in the Lone Star State. The land was attractively priced and in some cases the quality exceptional. One tract caught his eye: a 14,000-acre parcel at the confluence of the North and South Forks of the Sulphur River near the small town of Sulphur Bluff. From an agricultural standpoint, the property had it all: rich blackland soil, lush pastures, abundant post oak mottes, a mixture of gentle hills and bottomland, abundant surface water, and proximity to Dallas. Previous owners included a European prince as well as a series of agricultural investors. The Midwest native immediately recognized the potential. [caption id="attachment_13677" align="aligncenter" width="588"] No one takes their work as seriously as the residents of the kennel. Guests often bring their own dogs.[/caption] Hageman’s son-in-law, Shad Schenck, a pro angler, recognized something else: incredible wildlife habitat. The same ecological richness that powered the property’s agricultural potential also lured tens of thousands of ducks from the central flyway every winter. That also meant the presence of the requisite bottomland fertility needed to nurture largemouth bass in lakes and ponds. Oak mottes dotted long stretches of grassland and created miles of high-quality habitat and cover critical to countless species such as whitetails. With proper planning and long-term management, the surrounding uplands could become prime habitat for game birds such as bobwhite quail and pheasant. Thus, a unique hunting and nature reserve was born. [caption id="attachment_13678" align="aligncenter" width="588"] The lodge, made of Texas limestone and roofed in slate, is perched atop the highest point in Hopkins County.[/caption] First, the water. Thanks to 22,000 acre-feet of surface water, three reservoirs were stocked with largemouth bass. Smaller ponds were designed with fly-fishing in mind. Although the Sulphur River watershed provided superb waterfowl habitat, Hageman brought Shane Roethle on board. A wildlife biologist with a track record in Stuttgart, Arkansas, Roethle developed a program to optimize the mix of marshland plants for waterfowl. Today, flooded corn, rice, and soybean fields and a green-tree reservoir draw in ducks by the thousands. To promote natural regeneration of smartweed and millet, the system draws down selected wetlands, thus exposing the soil to sunlight. This stimulates plant growth. These areas are then reflooded, creating ideal waterfowl habitat. Next, the uplands. Most Indiana farmers, including Hageman, know a thing or two about pheasant and quail habitat. The vast patchwork of cultivated fields and natural cover at The Reserve creates ideal habitat for upland game birds – and hunters. Before they get out in the field, most shooters like to limber up and sharpen their shooting eye. So Hageman built a shooting complex complete with pistol and rifle range, trap and skeet field, a 12-station sporting clays course, and a crazy quail bunker. [caption id="attachment_13679" align="aligncenter" width="588"] Thanks to its strategic location on the Sulphur River, The Reserve boasts three reservoirs with more than 22,000 acre-feet of water.[/caption] The Hageman family envisioned a lodge with half a dozen guest rooms, but thinking small is not the way the family fortune was made. Hageman thought 30 rooms seemed about right. The family got on board, and from there on, the vision grew into a classic. For the building site, Hageman selected the highest point in Hopkins County. He had the lodge made with Texas limestone, roofed in slate, and floored in the post oak cleared from the property. In addition to 28 guest suites, the lodge features a 5-bedroom, 5½-bath owner’s suite, a 3-bedroom, 3½-bath presidential suite, and a 2-bedroom, 2-bath founder’s suite. A geothermal system heats and cools the structure. Those needing to take a break from the field can avail themselves of a giant swimming pool just a few steps away. The pool house is also a favorite setting on game days. In addition, a 4-bedroom, 4-bath lake house and a 6,400-square-foot range house are also available. To enhance the Old World feel, a vineyard and orchard were planted. In 2014, Hageman Reserve opened as a members-only club. Almost immediately, glowing reviews appeared in high-end sporting publications. Two years into the project, The Reserve had approximately 60 members and an ever-increasing waiting list. It was Steve Hageman’s hope that one or more of his children would take charge and run the family’s Texas venture, but the close-knit clan, Hoosiers to the bone, realized its future lay back home in and around Indianapolis. In July 2016, the Hagemans decided to put The Reserve on the market. Steve Hageman planned his reserve for a special membership. Likewise, the property will attract a special kind of buyer, and whoever that is will soon see that The Reserve is in pristine condition. [caption id="attachment_13680" align="aligncenter" width="588"] After more than a decade of ownership, The Reserve enjoys a proven cadre of hands.[/caption]  ]]> 13674 0 0 0 https://landreport.com/2016/11/bidding-heats-up-for-australian-cattle-kingdom/ Wed, 09 Nov 2016 07:00:21 +0000 https://www.landreport.com/?p=13550 Australia’s wealthiest citizen, Gina Rinehart, and a Chinese real estate conglomerate have joined forces to tender an A$365 million bid for a 39,000-square-mile collection of cattle operations that encompasses more than one percent of Australia’s total land area. S. Kidman & Co. carries 185,000 head, which are exported to Southeast Asian markets, Japan, and the United States. According to the Australian Broadcasting Corporation, however, Hancock Prospecting and Shanghai CRED’s offer may soon be bettered by a syndicate of four families that raise and/or transport cattle. Rival bidder BBHO includes South Australian Tom Brinkworth, West Australian Sterling Buntine, Malcolm Harris from New South Wales, and Viv Oldfield from Alice Springs. In addition to exceeding Rinehart’s bid by an estimated A$20 million, the BBHO offer would not require Australian foreign investment approval or regulatory clearance by Chinese authorities whereas the joint venture company, 67 percent owned by Hancock Prospecting and one-third owned by Shanghai CRED, would. Click here to read more. Photo Credit: ABC News: Kerry Straight ]]> 13550 0 0 0 https://landreport.com/2016/11/sold-valor-farm-stays-in-the-family/ Wed, 16 Nov 2016 07:00:12 +0000 https://www.landreport.com/?p=13558 The Scharbauers’ Alysheba rocketed from the back of the field to edge Bet Twice and win the 1987 Kentucky Derby in 2:03.40.[/caption]

  The stunning 392-acre Texas Thoroughbred operation is home to champions.

  Some 30 miles separate the North Texas town of Pilot Point from the Red River. For reasons not disclosed, Mother Nature put in place a sandy, loamy path 10 to 20 miles wide that connects the two. The resulting terrain is ideal for training horses. It allows young bones to gently take shape and challenges more mature runners with forgiving ground. These are a few of the reasons that Dorothy and Clarence Scharbauer acquired 393 acres of this Denton County country in 1991. Their goal was to establish a world-class breeding operation, and history has shown that this is exactly what they did. The venture was no lark. Six years before, they paid Preston Madden $500,000 for a bay colt by Alydar out of Bel Sheba. Trained by Jack Van Berg and ridden by Chris McCarron, Alysheba overcame a lackluster two-year-old campaign to triumph in the Run for the Roses in 1987. The victory marked the second Kentucky Derby crown for Dorothy; in 1959, her father, Fred Turner Jr., won with Tomy Lee. [caption id="attachment_13561" align="alignright" width="325"] Valor Farm represents the epitome of the North Texas Horse Country, which features one of the largest concentrations of horse farms in the United States with dozens of breeds and disciplines represented.[/caption] The Scharbauers enjoyed even greater renown for their longstanding ties to Quarter Horse racing. Clarence’s first registered Quarter Horses were King Ranch stallions, including Royal Peppy by Peppy and Silver Wimpy by Wimpy. (See “Horse Power,” The Land Report, Texas 2016.) Marion’s Girl, by Silver Wimpy, was an AQHA champion and a two-time National Cutting Horse Association world champion. Beginning in 1957, Clarence served as a director of the American Quarter Horse Association (AQHA); he was elected the association’s 25th president in 1975. The year after he and Dorothy founded Valor Farm, Clarence was inducted into the AQHA Hall of Fame. Following the passing of Dorothy in 2005 and Clarence in 2014, the heirs decided to put Valor Farm up for sale. Angie Nelson and Brenda Moerschell of Briggs Freeman Sotheby’s International Realty’s Ranch & Land Division in Dallas got the listing. The asking price was $14.95 million. “You can see the craftsmanship that went into every building,” Moerschell said of the legendary farm. “It is over and above. In every direction your eye can see the quality in the details.” Given the prominence of the Scharbauer name and the cachet of Valor Farm, it came as no surprise that a long list of prospective buyers came a-calling. However, a storybook ending was in the works. One of Dorothy and Clarence’s three sons, Doug, opted to continue the family tradition and bought the farm from his parents’ estate. “Brenda and I were honored to represent the sellers in this significant transaction. It was a particularly meaningful sale to a buyer who will continue Valor’s legacy,” Nelson said.]]> 13558 0 0 0 https://landreport.com/2016/11/big-deals-stoke-florida-market/ Tue, 22 Nov 2016 07:00:19 +0000 https://www.landreport.com/?p=13563 Major investors find mega opportunities in the Sunshine State. For the last five years, Dean Saunders and his team at Coldwell Banker Commercial Saunders Real Estate have compiled the Lay of the Land Market Report. This top-notch survey enjoys a unique attribute: It is the sole source of verified sales data on transactions involving ranch and recreational land, timberland, citrus and citrus flatwoods, former citrus lands, farmland, cropland, residential land, and properties with conservation easements in the Sunshine State. Earlier this year, Saunders presented the most recent report at the Lay of the Land Florida Land Conference in Orlando. While doing so, he revealed his surprise at the number of sizable deals that took place in 2015: “No one could have guessed that 2015 would produce a larger sale than 2014’s 380,000-acre St. Joe sale of North Florida timberland. However, the Foley Timber & Land Company transaction of nearly 563,000 timberland acres spanning multiple counties for just under $712 million did just that.” But wait – several other major deals also closed last year: The $155 million sale of 25,809 acres of citrus and former citrus groves owned by Premier Citrus to International Farming Corporation merited bold-faced type as did the acquisition of 20,500 acres by Sunbreak Farms for just under $71 million. Download the complete 2015 report at LayoftheLandReport.com.]]> 13563 0 0 0 https://landreport.com/2016/11/low-commodity-prices-push-land-values-down/ Wed, 23 Nov 2016 07:00:35 +0000 https://www.landreport.com/?p=13566

  Corn, soybeans, wheat, cattle, hogs – falling prices mean farm incomes lag across the Tenth District. –The Editors

  Using responses from 210 banks, economists at the Kansas City Federal Reserve Bank presented a survey of Agricultural Credit Conditions covering the second quarter of 2016. A selection of observations by some of these bankers follows: “Bumper wheat crop will help, but increased local basis will really hurt local producers." – Southwestern Kansas “Lower commodity prices are affecting the spending and payback of local farmers. Many are paying their interest and extending their notes in hope that prices will rise this fall at harvest time.” – Southwestern Missouri “Drop in cattle prices has affected our area more than other commodities.” – Eastern New Mexico “Many of our farmers work outside jobs. So, to date, we have found solutions for all borrowers." – Western Missouri “Farm financial conditions continue to deteriorate.” – Northeastern Kansas Read the complete report at www.KansasCityFed.org.]]> 13566 0 0 0 https://landreport.com/2016/11/land-report-november-2016-newsletter/ Tue, 15 Nov 2016 07:00:23 +0000 https://www.landreport.com/?p=13572 The 2016 Land Report 100 is at the press. More than two dozen new entrants and updates highlight this year's survey, which is sponsored by LandLeader, the nation's largest network of brokerages dedicated to farm, ranch, and recreational properties. Other items in this month's newsletter include:
  • For Sale: The Ranches at Williams Fork, featuring the world's largest elk herd.
  • At Auction: On Dec. 1, Nebraska's 28,645-acre Thomas Land Company.
  • Conserved: 2,526 acres of Old Florida.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 13572 0 0 0 https://landreport.com/2016/11/on-the-block-28645-acres-in-the-great-plains/ Wed, 30 Nov 2016 17:00:08 +0000 https://www.landreport.com/?p=13575 Hall and Hall to Auction 28,645-Acre Thomas Land Company A rare opportunity to acquire a major Great Plains farmland holding presents itself December 1 when Thomas Land Company goes to auction at the Keith County Fairgrounds in Ogallala. The 28,645-acre farm includes 26,739 deeded acres and 1,906 leased acres of Nebraska state farm and ranchland with 11,705 acres in dryland crops, 13,293 acres in ranchland, and 3,647 acres in irrigated farmland. “It is very rare to find an assemblage of this magnitude and diversity being offered for sale,” said Scott Shuman of Hall and Hall Auctions. “This diversity allows for the ability to market a cross-section of crops and livestock at different points in the production cycle, and the location is hard to beat given that the ranch overlooks the largest lake in Nebraska.” Located in Deuel, Keith, and Perkins counties, Thomas Land Company will be offered in 50 tracts ranging from 10 acres to more than 5,000 acres. For more information, call Shuman at (800) 829-8747 or read more here.]]> 13575 0 0 0 https://landreport.com/2016/12/chris-soules-is-on-a-mission/ Tue, 06 Dec 2016 07:00:21 +0000 https://www.landreport.com/?p=13578

  America’s most famous farmer is on a mission to educate his fellow Americans about this country’s greatest asset, farmland. In this Land Report exclusive, he describes his quest.

  Text by Chris Soules Photography by Jason Walsmith & Joseph Leaming If it weren’t for my sister Lori, no one outside of Iowa would know my name. I’d be just another farmer: up at dawn, out in the fields, driving a tractor that costs more than many a nice house. When lunch rolled around, Dad and I would head into Arlington, where I grew up, and grab a bite. We’d discuss how the markets were doing and run an errand or two for Mom. Then it would be back to work. Sound boring to you? Not to me. [caption id="attachment_13581" align="alignright" width="325"] I’m proud to say that I grew up in the same corner of Iowa as Nobel Peace Prize winner Norman Borlaug, who is portrayed behind me in this beautiful oil at the World Food Prize Hall of Laureates. Mr. Borlaug is a hero to all of us in Iowa. Through his research, he was able to feed billions around the world. Standing beside me is Land Report Editor Eric O’Keefe, which is kind of appropriate. Eric thinks he is a Nobel Prize winner too.[/caption] In fact, not to a lot of people here in the Midwest. The daily routine I just described is the rhythm of life for the folks I grew up with, including my friends from Iowa State. That’s where I went to college. A lot of us ended up on the family farm. All of us know someone who farms. You can’t help it – that’s Iowa. I’m a fourth-generation farmer. My father, mother, and I raise soybeans, corn, and hogs in Northeast Iowa. Most of my friends are either farmers or work in industries that support farming, selling seeds or heavy equipment, or providing some sort of financial service. I also work as a Land Investment Specialist with Peoples Company. We work with farmers and investors who are drawn to this asset class. We love farming. We love our work. We love the land. It may sound strange to some people, but one of my favorite parts about farming is late at night in the springtime or in the fall. Dad and I like to get in a truck and go watch the equipment run in the fields. All you can see is the lights, and the only sound you can hear is the hum of the turbos on the engines. I can’t explain it. To me, there’s nothing better than planting season and harvest time. To be able to watch a plant grow is a rewarding business. It’s very important to me to carry on the operation. I take a lot of pride in what we do. Hopefully, I can pass it on to the fifth generation of our family. By now I guess you can understand why my sister signed me up to be on The Bachelorette without even asking. She knows that I’ve got fertilizer on the brain. More importantly, she knows how much I enjoy doing what I do with our parents. For that matter, so did Andi Dorfman. Do you remember Andi? She was the bachelorette the season I was on the show. One day I was riding in a tractor and my cell phone rang. I saw the Los Angeles area code, thought it was a crank call, and ignored it. The next call was from Lori telling me to call that number back. Turns out I was being invited to audition for The Bachelorette. Growing up with three older sisters, l learned that life was far easier if you just did what you were told. So I called the producer right back. Next thing I knew, I was in Hollywood. Now I know how Dorothy felt in The Wizard of Oz: I wasn’t in Kansas anymore. That’s when I met Andi. She is such a great girl. She stole my heart ... and then some. We had a great connection, but as viewers may recall, when I brought Andi back to small-town Iowa, it turned out her idea of heaven didn’t include row crops and grain silos. [caption id="attachment_13582" align="aligncenter" width="588"] In this photograph, I’m discussing ag policy with Democratic political consultant James Carville at the Land Investment Expo in Des Moines. Actually, James is doing the discussing. All the discussing.[/caption] I get it. Andi was being true to herself, and I will always respect her for that. She is who she is, and as viewers who watched me on The Bachelor and Dancing with the Stars know, I am who I am. I have fond memories of those experiences, but guess who’s back in Iowa? Me ... at least part of the time. You see, thanks to my appearances on The Bachelor, The Bachelorette, Dancing with the Stars, and Food Network’s Worst Cooks in America, all sorts of people know who I am. More than a million people follow me on Facebook, Twitter, and Instagram. When I post a photo of sunrise over the fields, tens of thousands of people like it. It’s really a nice feeling to have the support of millions of people. It’s also humbling. And it made me realize something: One of the best things about all the time I’ve spent in Hollywood is that it gave me a platform to be an ambassador for agriculture. It’s a task that I accept. Agriculture definitely does need a voice. I’ve known that for a long time. Farmers are good at talking to themselves about what we all do as farmers, but the truth is, farmers are pretty conservative and not that outspoken. My 15 minutes of fame is the first time any farmer has been given the opportunity to speak to a larger demographic, a national demographic. Believe me, it needs to be done. There’s a lot of misinformation out there. I’d like to help get the message out. Obviously, the podium I now enjoy is different from anything I ever thought I would have in my entire life. I’m a farm kid from Northeast Iowa. Opportunities like this don’t happen to someone like me. I’ve been truly blessed in everything I’ve experienced, which is why I decided that if there was anything I can do to give back to agriculture, I should take advantage of that opportunity and speak to a whole group of people who farmers really never have been able to connect with. Feeding the world has been very good to Iowa. Remember the Great Recession? Iowans don’t. While the rest of the country was drowning in toxic mortgages, the price of an acre of good farmland just kept on climbing up. In fact, since 2000, the best Iowa farmland has tripled in value. How do I know this? Because over the past decade, I’ve bought and sold more than $200 million in Iowa farmland assets for clients. During that time, I’ve had the privilege of working for some of the very best in the business, including Randy Hertz at Hertz Farm Management and Bruce Rastetter at Summit Agricultural Group. What a great way to build on my background at our farm and my double major in agricultural studies and agronomy from ISU. [caption id="attachment_13584" align="alignleft" width="325"] I love being an advocate for farming. Can you tell?[/caption] Today, I’m a Land Investment Specialist with Peoples Company, which started as the farm management department of Peoples Trust and Savings Bank in Indianola and is now a leader in land brokerage, management, investment, and appraisal services throughout the Midwest. The story of how I hooked up with Peoples is a perfect example of the strange twists and turns my life has been taking since Lori got me on The Bachelorette. Next February marks the tenth anniversary of the Land Investment Expo. It’s an event that the Peoples Company hosts in Des Moines in the dead of winter. Everyone who has ties to farming is there. The first reason is because Steve Bruere and Peoples Company put on a great event. The second reason is because all the farmland in the Midwest is frozen solid. (Smart move, Steve.) Boone Pickens has been a keynote speaker. So have James Carville and Mary Matalin. A couple of years ago, it was Donald Trump’s turn. He wasn’t running for president then. He was just being Donald Trump, which is an event in itself. I had just finished being on The Bachelor, and before I knew it, we were introduced. Donald asked me a few questions about my background, and when he gathered that I had a lot of experience in ag investing, he turned to Steve. “You should hire this guy,” Donald said. Coming from someone who has fired as many people as Donald has, I considered it high praise. On top of that, I’ve watched Steve grow his company from a small local firm to a major player in the farmland industry. In fact, I began my brokerage career at Total Realty, which is now a part of Peoples. I like the culture of the company and the way they conduct business. A couple of months later, Steve and I struck a deal for me to sign on with Peoples. It’s been a perfect fit. On the one hand, I’m sharing the message of American agriculture with millions of consumers via social media and at promotional appearances around the country. And now, with Peoples Company, I’m able to help investors find the right deal with a product that I’ve devoted my entire life to. That’s right: my entire life. When I was 7, Dad would hop up in a tractor and put me in his lap. My feet were too short to reach the clutch or the brake, so the steering wheel was my job. In the years that followed, Dad not only taught me how to run every piece of machinery on our farm, but he also made sure I understood the basics of buying and selling farmland. Not many high school kids know that you make your money on the buy side, not the sell side. Or that the best investment is land no one else wants. But I did. Buy right and you can add more value less expensively. Today, if I can’t make a 10 percent profit on a piece of Iowa farmland the day after we close, I know I didn’t buy it right. And those skills are going to be put to the test – soon. The current market capitalization of Iowa cropland is well over $200 billion. That’s a big number, right? Actually, the more important number is the percentage of that cropland that is about to change hands over the next decade: more than 50 percent. That’s well over $100 billion of some of the world’s best dirt. [caption id="attachment_13585" align="aligncenter" width="588"] When I tell you farming is in my blood, I mean it. That’s my grandfather, Warren Soules, on the left, and his brother Richard on our family farm.[/caption] Thirty percent of Iowa cropland owners are 75 or older, and another 26 percent are in the 65—74 age bracket. A lot of this land will go into trusts. Some will be given or willed or sold to a relative. But according to the USDA, a significant percentage of the farms I just mentioned will be sold to nonrelatives, and that’s where the opportunity lies. Over the next decade, there’s going to be a gold rush in the Hawkeye State, and my family is already in the middle of it. Over the past two decades, my parents and I have grown our farm from 1,500 acres to more than 5,500 acres. We’ve also expanded our hog facilities to four buildings. And I promise you there’s still a lot of opportunity to grow. I call that putting your money where America’s mouth is. Another thing I bring to the table are the contacts I’ve made in the entertainment industry and pro sports. These guys have no idea about the returns farmland can generate. For that matter, neither do most Americans. Dad and I certainly do. More than a decade ago, we spent a considerable amount of time and money developing a farming operation in the Ukraine. The rich, black soil was unbelievable: five feet deep. But the country was communist in everything but name. No one had any work ethic, and everyone drank too much vodka. Infrastructure? None at all. I’m talking about the basics — things like electricity and irrigation. Farm equipment was so scarce over there that we shipped our own tractors from Iowa. So we took our oldest Massey Ferguson 750s – well-maintained combines that we had used forever – broke them down, crated them up, and freighted them all the way to the Ukraine, where we had them reassembled. Although I was only in my twenties, I learned a valuable lesson: There’s no better place to farm than in America. We’ve got so much great land, top-notch researchers, excellent infrastructure, and the world’s best export system. We all have our beefs about Washington – this is an election year, right? – but I can assure you that our government provides a level of stability that is second to none. That’s why I’m so optimistic about investing in land. Have been all my life.]]> 13578 0 0 0 https://landreport.com/2016/12/private-landowners-fuel-jet-travel/ Wed, 07 Dec 2016 07:00:31 +0000 https://www.landreport.com/?p=13588 Secretary of Agriculture Tom Vilsack greeted Seattle passengers deplaning at Washington Reagan after an Alaska Airlines flight powered in part by a new renewable fuel made of wood waste salvaged from private lands in Washington, Oregon, and Montana. “In 2011, USDA awarded our largest-ever competitive research grant to the Northwest Advanced Renewables Alliance, betting on the promise that cellulose-rich, discarded wood products could be a viable renewable fuel source instead of going to waste. Today, we are able to celebrate the results of that investment, which is a major advancement for clean alternatives to conventional fossil fuels,” Vilsack said. He added that fuels from beef fat, agricultural byproducts, and other low-value sources create extra income for farmers and ranchers. Click here to read more. Photo Credit: Medium.com ]]> 13588 0 0 0 https://landreport.com/2016/12/the-land-report-top-ten-fall-2016/ Fri, 09 Dec 2016 07:00:14 +0000 https://www.landreport.com/?p=13593 Legacy Springs Ranch ranks as one of the last great private holdings in Texas’s Highland Lakes region. — The Editors 1. NEW! Sandow Lakes Ranch (Texas): $250 million This 33,777-acre acre Central Texas sanctuary is being sold by Alcoa. Bernard Uechtritz, international real estate advisor for Briggs Freeman Sotheby’s International Real Estate and founder of International Icon Properties, has the listing. 2. Gemini (Florida): $195 million This nearly 16-acre South Florida compound, which is owned by the Ziff family, features 1,200 feet of Atlantic Ocean frontage and about 1,300 feet on the Intracoastal Waterway. Carmen D'Angelo Jr. of Premier Estate Properties is co-listing agent. 3. Rancho San Carlos (California): $125 million This 237-acre hilltop estate is perched high above the Pacific in Montecito. Ten residential cottages complement the Reginald Johnson-designed main residence. Suzanne Perkins and Harry Kolb of Sotheby’s International Realty Santa Barbara the listing agents. 4. Las Varas Ranch (California): $108 million These 1,800 acres just west of Santa Barbara encompass more than 2 miles of Pacific Ocean frontage. Listed with Kerry Mormann of Berkshire Hathaway HomeServices and Anthony Punnett of Douglas Elliman Real Estate. 5. Cielo Vista Ranch (Colorado): $105 million Thousands of elk, a resident herd of bighorn sheep, and deeded ownership of 14,000 acres are a few high points of this 83,628-acre Sangre de Cristo ranch. Listed with Jeff Hubbard and Pat Lancaster of Mirr Ranch Group. 6. Neverland | Sycamore Valley Ranch (California): $100 million These 2,698 acres are located 5 miles north of Los Olivos in the heart of Foxen Canyon. Suzanne Perkins and Harry Kolb of Sotheby’s International Realty Santa Barbara and Jeff Hyland of Hilton & Hyland Beverly Hills have the listing. 7. Homer’s Pond (Massachusetts): $99 million This private retreat is set on 314 acres along the southern shore of Martha’s Vineyard and is available in its entirety or in smaller parcels. Grace Bloodwell and Charles Carlson of South Light Property have the listing. 8. Pumpkin Key (Florida): $95 million This 26-acre island in the Florida Keys sits between Key Largo and the mainland. Improvements include a main residence, two caretaker’s cottages, a dock master’s apartment, and an office. Accommodations and dockage at Ocean Reef transfer. Russell Post of Russell Post Sotheby’s International has the listing. 9. NEW! Legacy Springs Ranch (Texas): $81 million Rick Kuper of Kuper Sotheby’s International Realty has the listing on this 19,505-acre Highland Lakes ranch 70 miles northwest of Austin. Fifteen miles of spring-fed creeks are augmented by 90 acres of inland lakes and six miles of Colorado River frontage. 10. Winecup Gamble Ranch (Nevada): $77 million This storied commercial beef operation currently carries 9,200 mature cattle not counting 2016 calves. The Marketing Broker is Bates Land Consortium, and the Listing Broker is Coldwell Banker Algerio/Q-Team Realty.]]> 13593 0 0 0 https://landreport.com/2017/01/the-2016-land-report-100/ Sun, 01 Jan 2017 07:00:19 +0000 https://www.landreport.com/?p=13596 More than 20 new landowners grace the ranks of the 2016 Land Report 100 sponsored. Among the new Land Report 100ers are California's Fisher family, who founded The Gap in 1969. With some 440,000 acres in Northern California, the Fishers ranked No. 21 on the annual roll call of America's largest private landowners. Amazon founder Jeff Bezos moved up a notch to No. 25. Bezos is currently credited with owning 400,000 acres in Far West Texas. But the biggest mover was Los Angeles Rams owner Stan Kroenke. Thanks to his acquisition of Texas's historic Waggoner Ranch, Kroenke vaulted from No. 9 to No. 5 and now owns 1.38 million acres. Other great reads in the Winter issue include:
  • The Land Report 2016 Gear of the Year
  • Burt's Bees cofounder deeds 87,654 acres to Uncle Sam
  • Australia's richest billionaire teams with Chinese to buy S. Kidman & Co.
  Read all of these and more HERE.]]> 13596 0 0 0 https://landreport.com/2016/12/conservation-easement-protects-valuable-neches-river-tract/ Mon, 19 Dec 2016 07:00:51 +0000 https://www.landreport.com/?p=13610 A collaboration between the Texas A&M Forest Service and The Conservation Fund has preserved approximately 7,000 acres of forestland in the Pineywoods of East Texas. Known as Bobcat Ridge, the acreage fronts the Neches River near Palestine and will almost double the amount of land within the boundaries of the Neches River National Wildlife Refuge. “The forested wetland habitat now permanently protected at Bobcat Ridge was deemed a top-tier Priority 1 Site by the U.S. Fish and Wildlife Service,” said The Conservation Fund’s Julie Shackelford. “Many of these Priority 1 sites in Texas have been flooded or developed in the last 30 years. Being able to protect this habitat is a real victory.” Almost half of the known species of birds in the Lone Star State can be found in this particular national wildlife refuge. ]]> 13610 0 0 0 https://landreport.com/2016/12/historic-seminole-land-conserved/ Wed, 21 Dec 2016 07:00:52 +0000 https://www.landreport.com/?p=13615 Coldwell Banker Commercial Saunders Real Estate brokered the sale of a perpetual conservation easement on 2,526 acres along Arbuckle Creek to the state of Florida for $4.3 million. Sebring’s S.Y. Hartt & Son Inc. sold the easement to the Rural and Family Lands Protection Program. The program was created in 2001 by the Florida Legislature and is administered by the Florida Forest Service, a division of the Florida Department of Agriculture and Consumer Services. The program acquires perpetual conservation easements on Florida ranches and farms to protect rural and working agricultural lands that are threatened by development. Such easements allow landowners to continue to work the lands, thus keeping the property agriculturally sustainable as well as on tax rolls. “There are 760,000 acres in Florida protected by conservation easements,” said Dean Saunders of Coldwell Banker Commercial Saunders Real Estate, who brokered the sale. “This property was an ideal fit, allowing for the protection of the water and wildlife, keeping it from being developed, and protecting it for future generations. Click here to read more. ]]> 13615 0 0 0 https://landreport.com/2016/12/land-report-december-2016-newsletter/ Thu, 15 Dec 2016 07:00:19 +0000 https://www.landreport.com/?p=13640 The New Year is knocking on the door, but that hasn't slowed the pace of transactions in the last month of 2016, including:
  • The acquisition of 8,638 acres of Illinois bottom land by Farmland Partners Inc. for $55 million.
  • The sale of 640 acres of Wyoming School Trust Land for $46 million.
  Be sure to mark Feb. 3 on your calendar. That's the date of Peoples Company 10th Annual Land Investment Expo in Des Moines. For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 13640 0 0 0 https://landreport.com/2017/01/farmland-partners-acquires-8638-acres-of-illinois-farmland-at-auction-for-55-million/ Tue, 03 Jan 2017 07:00:19 +0000 https://www.landreport.com/?p=13646

  River bottomland goes for $6,400-plus per acre.

  Farmland Partners Inc. (FPI) has entered into a purchase agreement to acquire 8,638 acres of row crop farms in Illinois for $55.3 million in cash. The Denver-based REIT will fund the transaction with proceeds from its recent public offering of common stock and new secured debt to be entered into upon closing of the transaction. “These two farms of approximately 3,800 and 4,900 acres represent a truly unique investment opportunity in the Midwest,” said Farmland Partners CEO Paul Pittman. “We expect significant long-term appreciation on these properties due to their size and the incredibly efficient operating environment we expect to provide to our tenants.” FPI owns or has under contract 124,295 acres in Arkansas, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, Texas, and Virginia. R.D. Schrader of Schrader Real Estate and Auction Company, which oversaw the massive auction, referred to the sale as “an interesting test” of the market because no offering of this scale had come to market recently. Click here to read more.]]> 13646 0 0 0 https://landreport.com/2017/01/park-service-acquires-key-teton-inholding/ Thu, 05 Jan 2017 07:00:22 +0000 https://www.landreport.com/?p=13656 On Dec. 12, the Department of the Interior took title to Antelope Flats, one of two 640-acre Wyoming School Trust Land inholdings located in Grand Teton National Park. The $46 million purchase ($71,875 per acre) was split equally between Interior and the Grand Teton National Park Foundation and the National Park Foundation. “Today we’re celebrating the foresight and generosity of many partners who stepped forward to protect these incredible lands within Grand Teton National Park for future generations,” said Interior Secretary Jewell. “This important area is no longer vulnerable to development, thanks to Governor Mead, the support of many donors through the National Park Foundation and the Grand Teton National Park Foundation, and the highly successful Land and Water Conservation Fund.” Click here to read more. ]]> 13656 0 0 0 https://landreport.com/2017/01/sold-elephant-aid-international-closes-on-an-846-acre-ranch/ Wed, 11 Jan 2017 08:44:15 +0000 https://www.landreport.com/?p=13671 Elephant Aid International founder Carol Buckley purchased a cattle ranch 30 miles northwest of Tallahassee. The property features ideal elephant habitat: a mix of rolling pastures and live oaks as well as several lakes. Known as the Piergiovanni Ranch, it will serve as a refuge for up to 10 captive-held elephants to recover from past traumas and develop healthy bonds with caregivers and other elephants. “Finding the right property for elephants was quite challenging,” said Jon Kohler & Associates broker Walter Hatchett. “It needed extreme privacy, internal roads, the right soil, no power lines, rolling topography with views, free roaming space, ideal temperature, a mixture of small pastures broken up by hardwood timber, high fences, water features, and more. It had to be perfect. Ted Knight of Southern Property Connections, who is a close friend, and also represented the seller when they purchased the property over a decade ago, assisted in the transaction.” Photo Credit: Elephant Aid International]]> 13671 0 0 0 https://landreport.com/2017/01/2016-land-report-100-ted-turner/ Sun, 01 Jan 2017 07:00:51 +0000 https://www.landreport.com/?p=13697 The Osage Nation originally received 1.5 million acres from Congress, but those lands were parceled off with the passage of the 1906 Osage Allotment Act.[/caption]

  No. 2 Ted Turner

  2,000,000+ acres (down 43,000 acres) In June, Turner Ranches sold the 43,000-acre Bluestem Ranch in Oklahoma to the Osage Nation for $74 million. During Turner’s 15-year ownership tenure, the Bluestem produced bison to restock herds on Turner Ranches in Montana, Nebraska, New Mexico, and North Dakota. The acquisition proved especially poignant for the 20,190 Osage. “This is the same land our ancestors walked 100 years ago,” said Osage Principal Chief Geoffrey Standing Bear. “We are working with the federal government to expedite a process which will return this land to federal Indian reservation status. This means this land will be held in federal trust for us, the Osage living today, and for the generations to come. We cannot ever again be separated from this land and our heritage.”]]> 13697 0 0 0 https://landreport.com/2017/01/2016-land-report-100-emmerson-family/ Sun, 01 Jan 2017 07:00:05 +0000 https://www.landreport.com/?p=13710 The Emmersons’ Sierra Pacific Industries ranks second nationally in lumber production.[/caption]

  No. 3 Emmerson Family

  1,950,000+ acres (up 35,000 acres) Next time you drive past a construction site, take a close look at the frames being hoisted into place. Or the windows and the doors. Don’t be surprised if you spy this family’s Sierra Pacific Industries (SPI) logo stamped on some, if not all, of the materials. The nation’s second-largest lumber producer owns 14 sawmills and close to two million acres of timberland in California and Washington. The pipeline for this massive production process requires the planting of six million seedlings each year, including Douglas fir, white fir, hemlock, ponderosa pine, sugar pine, and incense cedar. In addition, SPI utilizes wood waste to generate more than 150 megawatts of electrical power via eight state-of-the-art cogeneration plants. That’s enough to power 150,000 homes … ideally built with SPI lumber.]]> 13710 0 0 0 https://landreport.com/2017/01/2016-land-report-100-stan-kroenke/ Sun, 01 Jan 2017 07:00:48 +0000 https://www.landreport.com/?p=13720 The acquisition of Texas’s Waggoner Ranch by Kroenke Ranches earned Deal of the Century honors from The Land Report.[/caption]

  No. 4 Stan Kroenke

  1,380,000 acres (up 522,000 acres) Earlier this year, the owner of the Los Angeles Rams, the Denver Nuggets, and numerous other sports franchises added the historic Waggoner Ranch to his stable of ranch holdings. Spanning six Texas counties and covering almost 800 square miles, the 510,527-acre ranch’s asking price was $725 million; no terms were disclosed. “This is an incredible opportunity and an even greater responsibility,” said Kroenke in a press release. “We are honored to assume ownership of the Waggoner – a true Texas and American landmark – and are deeply committed to continuing the proud legacy of W.T. ‘Tom’ Waggoner, his family, and his descendants.” Kroenke Ranches also acquired Wyoming’s Difficulty Creek Ranch near Medicine Bow, which includes 11,260 deeded acres and 10,976 leased acres.]]> 13720 0 0 0 https://landreport.com/2017/01/2016-land-report-100-reed-family/ Sun, 01 Jan 2017 07:00:22 +0000 https://www.landreport.com/?p=13732 Less than two percent of the Reed family’s expansive timber holdings are harvested annually.[/caption]

  No. 5 Reed Family

  1,370,000 acres One of the oldest continuously operating forest products companies in the Pacific Northwest, the Reed family’s Green Diamond Resource Company got its start in 1890. Now in its fifth generation of operation, Green Diamond is headquartered in Seattle and has holdings in California, Oregon, and Washington. It operates under strict forest practice regulations that were developed to protect water quality, soils, fish, wildlife, plant life, archaeological sites, and cultural heritage. Less than two percent of the family’s timberlands are harvested annually. That works out to a little more than 42 square miles out of more than 2,000. Green Diamond’s California timberlands are certified by the Forest Stewardship Council; its Oregon and Washington timberlands are independently certified to be in compliance with the Sustainable Forestry Initiative Standard.]]> 13732 0 0 0 https://landreport.com/2017/01/australian-cattle-barons-drop-bid-for-kidman-ranch-empire/ Mon, 23 Jan 2017 07:00:05 +0000 https://www.landreport.com/?p=13693 DOWN UNDER. A favorite emerges in the contentious boardroom brawl for Australia’s largest cattle empire.[/caption]

  Australian billionaire Gina Rinehart, Chinese conglomerate set to emerge successful with their joint offer.

  Text by Rob Taylor A group of Australian ranchers has withdrawn its offer for the country’s biggest cattle empire, S. Kidman & Co., leaving the way clear for mining billionaire Gina Rinehart and a Chinese conglomerate to emerge successful in their joint bid for the iconic company. The exit of the BBHO Consortium, which included four of Australia’s wealthiest ranchers, promises to end an 18-month saga over the ownership of Kidman, and comes after Ms. Rinehart’s Hancock Prospecting Pty. Ltd. and Shanghai CRED Real Estate Stock Co. lifted their bid to $386.5 million Australian dollars (US$293.6 million), from their earlier A$365 million offer. “The BBHO Consortium advises that it withdraws its previously announced bid for S. Kidman & Co. following the receipt and unanimous recommendation of a superior offer by the Kidman board,” the group said. “We are disciplined investors in Australian rural assets and made what we believed to be a full and fair offer.” The Chinese—Australian consortium still requires regulatory approval from Australia’s watchdog Foreign Investment Review Board, but is likely to be successful given that Hancock Prospecting will hold a two-thirds share in Australia’s biggest beef producer, sprawling across an area larger than Ireland. It also requires approval from Kidman shareholders; the company’s board is behind the deal. The fate of the century-old cattle empire has been a foreign investment flashpoint, with influential lawmakers including the smaller Nationals Party in Prime Minister Malcolm Turnbull’s conservative coalition concerned about the company, some of whose landholdings are located near sensitive areas, falling into foreign hands. Deputy Prime Minister and Nationals Party leader Barnaby Joyce this week emphasized those concerns in a speech to farmers in which he said concern about foreign agricultural investment was a matter of patriotism, not xenophobia, and warned of the dangers of living in a “rented country.” “The love of one’s country is best delivered when you own that country,” said Mr. Joyce, who is also agriculture minister, in a speech in the capital, Canberra, watched by Chinese diplomats. Two previous Chinese-led bids for Kidman were rejected by the government on security grounds and because they covered more than one percent of the entire continent. The Kidman ranches straddle four states and include the world’s largest cattle ranch, Anna Creek Station, located near a strategic missile range. In launching a $386 million bid last weekend, only slightly smaller than the revised Australian—Chinese offer, the BBHO consortium said it wanted to preserve the heritage of founder Sidney Kidman, revered in Australia for opening up the country’s outback interior to ranching. Ms. Rinehart said she was prepared to buy 100 percent of Kidman herself if her consortium, Australian Outback Beef, was refused by the foreign investment board, which has been criticized by the Chinese government for excessive secrecy around its decisions. Since elections in July left Mr. Turnbull’s conservatives with a weakened grip over Parliament, right-wing and independent lawmakers holding the balance of power in the Senate, and skeptical of foreign farm investment, have called for tighter rules covering agribusiness deals involving offshore buyers. BBHO said it had received a “very strong groundswell of public support” from across Australia, but said it wished the Hancock consortium well. “Should they be successful in completing the acquisition, we look forward to welcoming them as neighbors,” the group said. Reprinted by permission of The Wall Street Journal, Copyright © 2016 Dow Jones & Company Inc. All Rights Reserved Worldwide. License number 3980500890274]]> 13693 0 0 0 https://landreport.com/2017/01/food-costs-fall-and-farmland-values-follow/ Mon, 30 Jan 2017 07:00:57 +0000 https://www.landreport.com/?p=13700 Shoppers in the Bronx’s famed Arthur Avenue are forking over less for salumi.[/caption]

  Not even the Cubs’ World Series victory could prevent the Corn Belt from enduring a fourth straight quarter of year-over-year declines in farmland values. – The Editors

  NATIONAL — TREND Only a few years have passed since commodity prices reached sky-high levels, stoked by a combination of droughts, deluges, the Renewable Fuel Standard, and epidemics plaguing livestock producers. Over the last few years, America’s beef herd has increased in size, and a record-setting 15-billion-bushel corn crop is forecast for 2016. The result is a boon for consumers, who have seen prices for foodstuffs such as eggs drop as much as 50 percent. Meanwhile, on the other side of the cash register, ag land owners have seen values trend downward as revenues and rents dropped. MIDWEST — FOCUS Of the 208 bankers who responded to the Seventh District’s survey, a majority predicted continued downward pressure on agricultural land values. Less than one percent predicted an increase in land values.   Download a complete copy of the Seventh Federal Reserve District’s AgLetter at www.ChicagoFed.org.]]> 13700 0 0 0 https://landreport.com/2017/01/land-report-january-2017-newsletter/ Sun, 15 Jan 2017 07:00:56 +0000 https://www.landreport.com/?p=13704 Landowners from coast to coast have been battered and blessed in 2017, including:
  • The EPA's decision not to pay compensation for the Gold King Mine spill.
  • The much anticipated end to California's prolonged drought.
  Hope to see you Friday, Feb. 3, at the Peoples Company 10th Annual Land Investment Expo in Des Moines! For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 13704 0 0 0 https://landreport.com/2017/02/epa-claims-no-legal-authority-to-pay-1-2-billion-in-gold-king-cleanup-claims/ Thu, 02 Feb 2017 07:00:45 +0000 https://www.landreport.com/?p=13707 Agency cites sovereign immunity, lack of Congressional authority. The Environmental Protection Agency (EPA) has concluded that the agency is not legally able to pay compensation for claims brought in connection with the three million gallons of waste released from the Gold King Mine. The decision, which was announced during the waning days of the Obama administration, counters earlier statements by the agency that it was “committed to continue working hand in hand with the impacted local governments, states, and tribes.” More than 70 claims totaling $1.2 billion have been filed since the August 2016 spill. Damages ranged from contaminated wells to crop damage and local government expenses. But the EPA’s independent claims officer — with guidance from the Justice Department — ruled that “the circumstances surrounding the Gold King Mine incident unfortunately do not meet the conditions necessary to pay claims.” Under the Federal Tort Claims Act, federal agencies are not authorized to pay claims resulting from government actions that are discretionary — that is, acts of a governmental nature or function and that involve the exercise of judgment. Claimants have six months to challenge the decision in United States District Court.]]> 13707 0 0 0 https://landreport.com/2017/02/the-land-report-top-ten-winter-2016/ Mon, 06 Feb 2017 07:00:56 +0000 https://www.landreport.com/?p=13713 Coastal compounds, a Rocky Mountain retreat, Texas ranches, and a Florida key take top honors. – The Editors 1. Sandow Lakes Ranch (Texas): $250 million This 33,777-acre acre Central Texas sanctuary is being sold by Alcoa. Bernard Uechtritz, international real estate advisor for Briggs Freeman Sotheby’s International Real Estate and founder of International Icon Properties, has the listing. 2. Gemini (Florida): $195 million This nearly 16-acre South Florida compound, which is owned by the Ziff family, features 1,200 feet of Atlantic Ocean frontage and about 1,300 feet on the Intracoastal Waterway. Carmen D'Angelo Jr. of Premier Estate Properties is co-listing agent. 3. Rancho San Carlos (California): $125 million This 237-acre hilltop estate is perched high above the Pacific in Montecito. Ten residential cottages complement the Reginald Johnson-designed main residence. Suzanne Perkins and Harry Kolb of Sotheby’s International Realty Santa Barbara the listing agents. 4. Las Varas Ranch (California): $108 million These 1,800 acres just west of Santa Barbara encompass more than 2 miles of Pacific Ocean frontage. Listed with Kerry Mormann of Berkshire Hathaway HomeServices and Anthony Punnett of Douglas Elliman Real Estate. 5. Cielo Vista Ranch (Colorado): $105 million Thousands of elk, a resident herd of bighorn sheep, and deeded ownership of 14,000 acres are a few high points of this 83,628-acre Sangre de Cristo ranch. Listed with Jeff Hubbard and Pat Lancaster of Mirr Ranch Group. 6. Neverland | Sycamore Valley Ranch (California): $100 million These 2,698 acres are located 5 miles north of Los Olivos in the heart of Foxen Canyon. Suzanne Perkins and Harry Kolb of Sotheby’s International Realty Santa Barbara and Jeff Hyland of Hilton & Hyland Beverly Hills have the listing. 7. Homer’s Pond (Massachusetts): $99 million This private retreat is set on 314 acres along the southern shore of Martha’s Vineyard and is available in its entirety or in smaller parcels. Grace Bloodwell and Charles Carlson of South Light Property have the listing. 8. Pumpkin Key (Florida): $95 million This 26-acre island in the Florida Keys sits between Key Largo and the mainland. Improvements include a main residence, two caretaker’s cottages, a dock master’s apartment, and an office. Accommodations and dockage at Ocean Reef transfer. Russell Post of Russell Post Sotheby’s International has the listing. 9. Legacy Springs Ranch (Texas): $81 million Rick Kuper of Kuper Sotheby’s International Realty has the listing on this 19,505-acre Highland Lakes ranch 70 miles northwest of Austin. Fifteen miles of spring-fed creeks are augmented by 90 acres of inland lakes and six miles of Colorado River frontage. 10. Elk Mountain Lodge (Colorado): $80 million Bill Koch’s Aspen estate sits on 83 acres just minutes from the mountain resort. The property (pictured above) is available in its entirety or in smaller parcels, each with its own home. Listed by Joshua Saslove, Raifie Bass, and Wendy Wogan of Douglas Elliman Real Estate.]]> 13713 0 0 0 https://landreport.com/2017/02/california-emerges-from-prolonged-drought/ Wed, 08 Feb 2017 07:00:08 +0000 https://www.landreport.com/?p=13716 Recent rains and substantial winter storms have put an end to a harrowing stretch of Exceptional Drought that has plagued the Golden State. At its worst, the crippling conditions covered two-thirds of the state, decimating agriculture, aiding wildfires, and forcing mandatory water rationing. In 2017, Northern California’s Squaw Valley and Central California’s Mammoth Mountain have received record snowfall. In Southern California, Big Bear Mountain and Snow Summit have seen more snow this month than either had since 2011. “Statewide average snowpack is almost twice normal for late January, and somewhat more than twice normal in the Southern Sierra Nevada,” said Richard Tinker, a drought expert with NOAA’s Climate Prediction Center. Click here to read more about California’s prolonged drought. ]]> 13716 0 0 0 https://landreport.com/2017/02/facebook-ceo-drops-legal-action-against-native-hawaiians/ Mon, 13 Feb 2017 08:30:56 +0000 https://www.landreport.com/?p=13724 While attempting to clean up the title on parcels within his 700-acre Kauai estate, Mark Zuckerberg ran into a public relations buzz saw. Zuckerberg’s counsel attempted to use a legal maneuver called “quiet title and partition” to determine ownership of kuleana landholdings dating back to the 1800s. According to Zuckerberg, “There aren't always clear records, and in many cases descendants who own .25% or 1% of a property don’t even know they are entitled to anything. To find all these partial owners so we can pay them their fair share, we filed what is called a ‘quiet title’ action. For most of these folks, they will now receive money for something they never even knew they had. No one will be forced off the land.” One of the owners of the land in question — Carlos Andrade — joined Zuckerberg as co-plaintiff. The retired 72-year-old University of Hawaii professor said sorting out ownership issues was far too costly for individuals to undertake themselves. However, the legal action was poorly received, and Zuckerberg announced he will pursue an alternative approach. Click here to read more. ]]> 13724 0 0 0 https://landreport.com/2017/02/behold-an-enchanted-forest/ Thu, 16 Feb 2017 07:00:57 +0000 https://www.landreport.com/?p=13728 The newly minted Katahdin Woods and Waters National Monument borders 209,000-acre Baxter State Park and includes 31 miles of the Appalachian Trail.[/caption]

  A Maine entrepreneur’s extraordinary generosity spurs the creation of a North Woods gem.

  Burt’s Bees cofounder Roxanne Quimby just put a big X on her bucket list. She gave away 87,654 acres — to the Department of the Interior. The transaction, which was recorded August 23 at the Penobscot County Registry of Deeds, was followed by a stirring announcement from the White House the very next day: “Today, in honor of the 100th anniversary of the National Park Service, President Obama designated the Katahdin Woods and Waters National Monument encompassing awe-inspiring mountains, forests, and waters of north-central Maine.” The Quimby family’s remarkable gift is the latest in a longstanding tradition of families such as the Rockefellers, the Mellons, and many others. It evinces a wonderfully American strain of noblesse oblige, a point the White House highlighted: “[T]his designation will build on the robust tradition of growing the park system through private philanthropy, and will reinforce the need to continue protecting our great outdoors as we enter the second century of the National Park Service.” Quimby’s donation and its subsequent designation as a national monument were not universally praised. Among the dissenters was Maine’s rarely soft-spoken governor, Paul LePage. According to the Portland Press Herald, Governor LePage denounced the donation in a statement released by his press office that read in part, “That’s one way to get out of paying taxes to the State of Maine.” Unfortunately, Governor LePage failed to take into consideration a somewhat critical point: Would it make sense to divest oneself of a $60 million asset in order to get out of paying $150,000 in property taxes? Probably not. More to the point, since its founding in 2007, The Land Report has followed Quimby’s quest to create a parkland. This was no tax dodge. “My first and foremost priority is to restore the ecosystem to create a fully healthy habitat for the flora and fauna,“ she wrote in an email to The Land Report. Unfortunately, her thoughtful approach didn’t jibe with everyone’s perception of historical land uses in rural Maine. Quimby found herself at the center of a public policy tug of war. Increased mechanization and industry consolidation have debilitated the once-vibrant North Woods economy. The last thing many Mainers wanted was an eco-friendly solution. Pushback was pronounced; so too was the proliferation of “Ban Roxanne” bumper stickers. Given the importance of Quimby’s voice in this story, the oft-told tale of her entrepreneurial success bears repeating. In 1975, the 24-year-old Massachusetts native and her boyfriend arrived in the North Woods in a VW van. They had driven cross-country from California to homestead 30 acres on the edge of the largest expanse of wilderness east of the Mississippi. [caption id="attachment_13731" align="aligncenter" width="588"] On the one hand, the rise of Burt’s Bees into an international brand now owned by Clorox is a Maine success story in the woodsy vein of L.L.Bean. Yet the conservationist ambitions of cofounder Quimby met fierce resistance from many.[/caption] Nine years later, Quimby, now a single mother raising twins in a cabin, noticed that a local beekeeper named Burt Shavitz had oodles of leftover beeswax. Shavitz sold honey out of his pickup truck; he marked his hives “Burt’s Bees.” Soon, a partnership was born. When Shavitz showed Quimby an old book filled with beeswax recipes, a product line was born. By 1991, their mom-and-pop operation had incorporated. In 1994, Burt’s Bees relocated to North Carolina. Quimby bought out Shavitz in 1999; AEA Investors paid $173 million for an 80 percent interest in 2004. Three years later, Clorox bought the best-selling brand of natural personal care products for $925 million. By the time Clorox acquired Burt’s Bees, the allure of the North Woods that had drawn Quimby to Maine manifested itself in land fever. She invested a portion of her early profits in 8,000 acres of Maine woods. As her fortune increased, additional acreage was acquired, much of it in the viewshed of the state’s highest summit, Mount Katahdin. With her holdings at 119,000 acres, she ranked No. 86 on the 2012 Land Report 100. [Editor’s Note: 119,000 acres would not qualify for inclusion in the 2016 Land Report 100. The floor is now 139,000 acres.] Quimby and her son, Lucas St. Clair, originally envisioned donating the family’s landholdings to form two parks: a national park with more restrictive uses, and a more user-friendly state park where activities such as snowmobiling and logging would be allowed. In the end, expediency won out. Creating a new national park can be a tortuous undertaking, especially when a state’s Congressional delegation does not unanimously support it. By contrast, the path to designating a national monument requires but one signature. With the stroke of a pen (and the authority granted by the Antiquities Act of 1906), President Obama created the Katahdin Woods and Waters National Monument. Passed during Theodore Roosevelt’s second term, the Act has been utilized by 16 presidents to protect some of our country’s most iconic landmarks, including the Devil’s Tower (TR, 1906), Zion National Park (Taft, 1909), Acadia National Park (Wilson, 1916), Carlsbad Cave (Coolidge, 1923), the Grand Canyon (Hoover, 1932), and the Grand Tetons (FDR, 1943). Lest Governor LePage fret about a federal land grab, it should be noted that the transfer of 87,654 acres by Quimby’s nonprofit, Elliotsville Plantation Inc., to the Department of the Interior involved less than one-half of one percent of the state’s land mass. With the inclusion of the new parklands, the federal government currently owns less than two percent of the Pine Tree State. By comparison, neighboring New Hampshire is 13.8 percent federally owned. And western states such as Utah and Nevada? Almost 65 percent and 85 percent, respectively.]]> 13728 0 0 0 https://landreport.com/2017/02/sold-colorados-kessler-canyon-sells-for-28-million/ Mon, 20 Feb 2017 07:00:56 +0000 https://www.landreport.com/?p=13736 Former Days Inn Hotels CEO Richard Kessler has sold his exquisite ranch resort west of Glenwood Springs to CheckFree founder Peter Kight. Numerous structures built to exacting standards exist on the property, including the 20,000-square-foot Homestead Lodge. According to The Wall Street Journal, the 15,000-acre ranch, which was originally listed for $35 million in 2014, changed hands for $28 million. Mike Hall and Brian Smith of Hall and Hall represented Kessler, and Cody Lujan of Hall and Hall represented Kight. Click here to see the listing.]]> 13736 0 0 0 https://landreport.com/2017/02/2016-land-report-100-irving-family/ Fri, 24 Feb 2017 07:00:27 +0000 https://www.landreport.com/?p=13747 The grandsons of founder James Dergavel Irving – John, James, and Arthur Irving – grew the family business exponentially.[/caption]

  No. 6 Irving Family

  1,246,000 acres (down 4,000 acres) Based in New Brunswick, J.D. Irving Limited ranks as one of Canada’s largest privately owned companies and has wide-ranging commercial operations, including hydropower, shipbuilding, consumer products, transportation and logistics, and forestry and forest products. In the United States, Irving Woodlands has managed timberlands in Northern Maine for more than 60 years. It currently oversees 1.246 million acres; all are certified under the Forest Stewardship Council program. Related entities in Canada own an additional 2 million acres of timberlands in New Brunswick and Nova Scotia. Both the US and the Canadian forestry companies adhere to a 100-year management plan. In addition, all operations are regularly and independently audited according to ISO 14000 environmental standards and are certified under the Sustainable Forestry Initiative program.]]> 13747 0 0 0 https://landreport.com/2017/02/land-report-february-2017-newsletter/ Wed, 15 Feb 2017 07:00:04 +0000 https://www.landreport.com/?p=13749 STOP THE PRESSES! CONGRESS CONSIDERS ELIMINATING 1031 EXCHANGES!
  • 1031s are an essential tax-deferral mechanism for landowners coast to coast.
  • Grover Norquist tells The Land Report that tax reform by Congress is a certainty.
  • Norquist adds that 1031s are under consideration for elimination.
  • We show you how to contact your elected officials to preserve this key asset-building tool!
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 13749 0 0 0 https://landreport.com/2017/03/red-river-gradient-boundary-survey-act-clears-house/ Tue, 07 Mar 2017 07:00:05 +0000 https://www.landreport.com/?p=13762 Legislation requiring a 116-mile survey at the Texas–Oklahoma border cleared the House by a 250-171 vote. The goal of the survey is to resolve a dispute between the Bureau of Land Management and a group of Texas landowners concerning thousands of acres along the Red River. The BLM contends the disputed land belongs to the public and cites a Supreme Court ruling that assigns the land to the federal government. The landowners counter that they have deeds proving their ownership and tax receipts as well. Numerous elected officials have voiced their support for landowners, including Governor Greg Abbott and Texas Land Commissioner George P. Bush. Click here to read more.]]> 13762 0 0 0 https://landreport.com/2017/03/2016-land-report-100-brad-kelley/ Fri, 10 Mar 2017 07:00:30 +0000 https://www.landreport.com/?p=13766 Kelley has single-handedly resurrected the winning ways of historic Calumet Farm.[/caption]

  No. 8 Brad Kelley

  1,000,000 acres (down 500,000 acres) The publicity-shy Kentucky native ranks as this year’s biggest loser, thanks in large measure to a rare interview with The Wall Street Journal in which he confirmed that his landholdings totaled “about a million acres.” The bulk of that acreage is in West Texas, where Kelley snapped up more than 20 ranching operations. Most of those holdings are grouped under Kelley’s Texas Mountain Cattle Co. umbrella. Ranches farther west are owned by his Spanish Trail Land & Cattle Co. He also has smaller holdings in Florida, Hawaii, Tennessee, and Kentucky. In 2012, his Calumet Investment Trust paid almost $36 million for one of Thoroughbred racing’s most hallowed grounds, Calumet Farm (above), located adjacent to Keeneland Race Course in Lexington. Kelley leases the historic farm from the trust and bases his horse-racing operations there.]]> 13766 0 0 0 https://landreport.com/2017/03/sold-witt-stephens-jr-buys-georgias-blue-springs-plantation/ Wed, 15 Mar 2017 07:00:11 +0000 https://www.landreport.com/?p=13787 The Wall Street Journal reports that Stephens purchased the historic Blue Springs Plantation near Albany from Tennessee’s Mountcastle family for approximately $40 million. Located in Baker and Dougherty counties, the 7,235-acre property had not changed hands in more than 50 years. Neighbors include Ted Turner’s Nonami Plantation, Pineland, and Wildfair. Hall and Hall’s Elliott Davenport represented the buyer. Blue Springs produces some of the most diverse hunting opportunities in South Georgia, including wild quail and trophy whitetail deer. Click here to read more. ]]> 13787 0 0 0 https://landreport.com/2017/03/2016-land-report-100-king-ranch-heirs/ Fri, 17 Mar 2017 07:00:54 +0000 https://www.landreport.com/?p=13790 Alice Walton dubbed The Boon “my favorite horse I have ever raised.”[/caption]

  No. 9 King Ranch Heirs

  911,215 acres In 2015, King Ranch announced the purchase of The Boon from Alice Walton and her Rocking W Ranch. The Boon is a seventh-generation descendant of Old Sorrel, King Ranch’s foundation stallion and the cornerstone of its renowned breeding program. The Boon is also a grandson of Peppy San Badger, a King Ranch stallion who changed the sport of cutting. “The Boon is my favorite horse I have ever raised. The Boon has a heart as big as Texas. There is no place I would rather see him than the world-famous King Ranch,” said Walton. The Boon stands at Brazos Valley Stallion Station. Read more about King Ranch’s legendary equine tradition in The Land Report 2016 Texas edition.]]> 13790 0 0 0 https://landreport.com/2017/03/for-sale-2500-acre-east-texas-resort/ Tue, 21 Mar 2017 07:00:30 +0000 https://www.landreport.com/?p=13794 Barefoot Ranch on market for $59.5 million Owned by hedge fund manager Kyle Bass, the 2,500-acre estate features a 35,000-square-foot timber-beamed lodge, multiple cabins, an equestrian center, tennis courts, a golf course, and more. Located just over an hour east of Dallas outside Athens, Barefoot sits on land that was once belonged to the Murchison family, the original owners of the Dallas Cowboys.]]> 13794 0 0 0 https://landreport.com/2017/03/2016-marks-third-consecutive-drop-in-corn-belt-farm-values/ Tue, 28 Mar 2017 07:00:16 +0000 https://www.landreport.com/?p=13801 Annual Percentage Change Seventh District Farmland Values[/caption] The Seventh Federal Reserve District reported a 1% drop in agricultural land values in 2016. This follows decreases of 3% in both 2015 and 2014. Senior Business Economist David Oppedahl noted the following: - The decrease in the agricultural land values from their peak in 2013 through the end of 2016 was 9.5% in real terms. - The current multi-year downturn has been much more moderate than the previous such stretch during the 1980s. Click here to read more.]]> 13801 0 0 0 https://landreport.com/2017/03/land-report-march-2017-newsletter/ Wed, 15 Mar 2017 07:00:00 +0000 https://www.landreport.com/?p=13808 Meet the 13-million-acre man, Texas Land Commissioner George P. Bush. Commissioner Bush discusses his first two years at the General Land Office in the Texas edition of the Magazine of the American Landowner. Other reads in this month's newsletter include:
  • Bill Niman's sale of the BN Ranch to Blue Apron.
  • A major court decision reaffirms the Endangered Species Act.
  • Dartmouth College's sale of Hudson Farm to The Trust for Public Land.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 13808 0 0 0 https://landreport.com/2017/03/2017-land-report-texas-issue/ Wed, 15 Mar 2017 07:00:12 +0000 https://www.landreport.com/?p=13813 Get your The Land Report 2017 Texas issue! Our annual Lone Star State roundup features the 13-Million-Acre Man, Texas Land Commissioner George P. Bush. As the head of Texas's oldest agency, Bush is responsible for maximizing revenues for the benefit of Texas schoolchildren. Among his other responsibilities are overseeing the Alamo and protecting 367 miles of Texas coastland. Other great reads in our Texas issue include:
  • An exclusive excerpt from Horses to Ride, Cattle to Cut
  • The 2017 Texas X, featuring the state's largest landowners
  • A look back at MLB Hall of Famer Nolan Ryan
  ]]> 13813 0 0 0 https://landreport.com/2017/04/2016-land-report-100-briscoe-family/ Fri, 07 Apr 2017 07:00:00 +0000 https://www.landreport.com/?p=13820

  No. 12 Briscoe Family

  640,000 acres (up 80,000 acres) One family member, Andrew Briscoe, was a signer of the Texas Declaration of Independence. Another member – the venerable Dolph Briscoe Jr. – served two terms as the Lone Star State’s governor in the 1970s. Three generations of the Briscoe family have stewarded the 100,000-acre Catarina Ranch in South Texas, the epicenter of the family’s thriving cow-calf operation and the linchpin of Briscoe Ranch Company.]]> 13820 0 0 0 https://landreport.com/2017/04/utah-landowners-lose-esa-challenge-on-appeal/ Tue, 11 Apr 2017 08:36:47 +0000 https://www.landreport.com/?p=13826 The 10th US Circuit Court of Appeals overturned a 2014 ruling that limited the ability of federal officials to use the Endangered Species Act (ESA) to protect a species located in a single state. Utah landowners had challenged a US Fish and Wildlife Service regulation that prohibits trapping or shooting Utah prairie dogs as an unjustified burden, saying that the creatures were a nuisance. A three-judge panel disagreed, citing data that indicates 68 percent of the species the ESA protects live in only one state. In affirming the federal government’s broad power to protect threatened species, Judge Jerome Holmes wrote that “excising purely intrastate species would leave a gaping hole” in the Endangered Species Act.]]> 13826 0 0 0 https://landreport.com/2017/04/1031-exchanges-endangered/ Thu, 13 Apr 2017 07:00:26 +0000 https://www.landreport.com/?p=13829 Grover Norquist explains the nuances of tax reform to Land Report Editor Eric O’Keefe and 1031 specialists David Brown, Suzanne Baker, and Mary Cunningham at the 2017 Land Investment Expo in Des Moines.[/caption]

  Congress considers eliminating this essential tax tool for landowners.

  Text by Eric O’Keefe | Photography by Jason Walsmith Grover Norquist is bullish on the prospects for passage of tax reform legislation this year. However, the founder and president of Americans for Tax Reform is sounding an alarm on the potential repeal of one of the most valuable tools available to those who invest in land and real estate: the I.R.C. Section 1031 like-kind exchange. Norquist tells The Land Report that “1031 is endangered.” First enacted in 1921, the like-kind exchange has served as one of the single greatest wealth-building tools available to real estate investors by providing a simple tax-deferral mechanism for asset sales such as land. Current discussions on tax reform can be traced back to the House Republican Blueprint, which was released in 2016 by the all-important House Committee on Ways and Means. According to Norquist, with the election of Donald Trump and the Republicans now controlling both houses of Congress, “if anything is certain in this world, tax reform will pass this year.” “We now have the stars aligned with a Republican House, Republican Senate, and a vehicle, reconciliation, which only requires 50 Republican votes plus the Vice President,” Norquist says. The legislative outcome is quite clear: “Tax reform will pass … sooner rather than later,” says Norquist. “We’re not discussing something that’s theoretical. It is close to a level of agreement, closer than it appears from the outside.” Although tax reform may be a certainty, many of the particulars of legislation are still being hammered out. Given his status as a thought leader in tax policy, Norquist has heard from large numbers of stakeholders. Many insist that Section 1031 like-kind exchanges must stay in the Internal Revenue Code. Norquist agrees. Norquist says “There is time and a good argument for either restoring or maintaining 1031, particularly on the land basis. People who know about the power of Section 1031 from their own experience need to communicate with their congressman, senators and the Trump administration as soon as possible. It [tax reform] is happening and there is no time to waste.” Without Section 1031 as a vehicle to defer capital gains taxes, landowners will be especially disadvantaged. To make matters worse, in addition to the possible elimination of the Section 1031 exchange, the House Republican Blueprint imposes a double whammy on landowners with its call to eliminate the net interest expense deduction. In return, the Blueprint proposes an allowance of immediate expensing for real property improvements (but not land). Many Blueprint proponents assume that lower rates and immediate expensing make up for the elimination of Section 1031 and interest deductibility. This assumption is a mistaken one; it overlooks the tremendous value of the land. According to commercial REALTOR surveys, land accounts for 30 percent of the value of improved real property and can account for 80 to 100 percent of agricultural and recreational land. If landowners have no tax deferral vehicle, the lock-in effect will be dramatic. Instead of improving or upgrading farming and ranching operations, or streamlining existing holdings by consolidating tracts, many landowners will simply elect not to sell. The whole point of tax reform is to encourage growth, which is precisely what Section 1031 accomplishes. A 2015 Ernst & Young macroeconomic study concluded that a repeal of Section 1031 would result in a contraction of GDP equal to $8—$13 billion per year. A diverse coalition of 91 associations have called on Congress to retain Section 1031. That group includes nearly every REALTOR-affiliated group, Farm Bureau and associated farm groups, conservation groups, manufacturers, and the US Chamber of Commerce. Says Norquist, “The bus has already left concerning some parts of tax reform. We’re not there on 1031. It need not be left off the table, and there are strong arguments for keeping it that Republicans can and do understand. We don’t want to be making capital gains taxation more onerous in any way. It’s a principled argument we’re making on 1031, not simply an industry-specific or regional issue. They will throw a lot of babies overboard in order to make [tax reform] float. We want to make sure 1031 is not one of those. People who recognize from their own experience the importance of 1031 should communicate with and inform their congressmen.” To express your support for the retention of Section 1031, please reach out to your elected representatives. Alternatively, you can email a message to them directly by visiting www.1031taxreform.com/take-action.]]> 13829 0 0 0 https://landreport.com/2017/04/sold-blue-apron-acquires-sustainable-meat-producer-bn-ranch/ Tue, 18 Apr 2017 07:00:58 +0000 https://www.landreport.com/?p=13836 Niman Ranch founder Bill Niman has sold his BN Ranch brand to California-based meal delivery service Blue Apron. BN Ranch has been a supplier of grass-fed beef to Blue Apron for two years. Terms were not disclosed. Niman will remain as president and founder of BN Ranch. In addition to supplying Blue Apron, BN Ranch will support and expand its current base of retail, institutional, and restaurant customers with responsibly raised beef, lamb, and poultry. Launched in 2012, Blue Apron ships millions of pre-portioned meals to subscribers each month. Click here to read more.]]> 13836 0 0 0 https://landreport.com/2017/04/the-land-report-texas-top-ten/ Wed, 19 Apr 2017 07:00:27 +0000 https://www.landreport.com/?p=13840 A bald eagle takes wing at Sandow Lakes Ranch.[/caption]

  Sandow Lakes has one of the largest bundles of water rights on to market. – The Editors

  1. Sandow Lakes Ranch: $250 million This 33,777-acre Central Texas sanctuary features a sea of water rights and has been owned by Alcoa USA since the 1950s. Bernard Uechtritz of Briggs Freeman Sotheby’s International Realty has the listing. 2. Legacy Springs Ranch: $81 million Compass South Land Sales has the listing on this 19,505-acre Highland Lakes ranch 70 miles northwest of Austin, which includes 15 miles of spring-fed creeks, 90 acres of inland lakes, and 6 miles of Colorado River frontage. 3. Ford Ranch: $52.5 million These 31,789 acres near Brady are also known as the G. Rollie White Ranch and form an enormous Hill Country holding. Sam Middleton of Chas. S. Middleton & Son has the listing. 4. NEW! Barefoot Ranch: $59.5 million Kyle Bass’s renowned 2,493-acre East Texas retreat offers authentic Texas ranch living with a Four Seasons finish. Bernard Uechtritz with Briggs Freeman shares the listing in a co-marketing alliance with Jeff Boswell of Republic Ranches. 5. The Reserve: $50+ million Situated on 1,000+ acres atop the highest promontory in Hopkins County, this hunting mecca features a 65,000-square-foot lodge. Bernard Uechtritz of Briggs Freeman has the listing. 6. Sulphur Bluff Ranch: $43.875 million 13,500 acres of Midwest-style farming and ranching with exceptional Sulphur River access. Sulphur Bluff’s premiere waterfowl hunting complements the amenities of No. 5, The Reserve.Bernard Uechtritz of Briggs Freeman has the listing. 7. Lion Mountain Ranch: $41.6375 million This desert island was once a part of the Powell Ranch, which was established in the 1800s by a soldier from nearby Fort Davis. The 16,655-acre getaway has been carefully stewarded by current ownership. Charles Davidson of Republic Ranches has the listing. 8. Broseco Ranch: $34.22 million Home to award-winning herds of registered and commercial Red Angus, Broseco is renowned for cattle, wildlife, and fishing. The ranch is bordered by the Sulphur River and boasts some of Texas’s best waterfowl habitat. Listed by Bernard Uechtritz of Briggs Freeman. 9. Barton Canyon Ranch: $25 million One of the largest privately held offerings in Austin, this 128-acre live water property features more than a mile of Barton Creek frontage with several deep swimming holes. Listed by Gary and Michelle Dolch with Kuper Sotheby’s International Realty. 10. Ranch on Top: $24.965 million Located in the southwest corner of the Diablo Plateau, this 45,393-acre Chihuahuan Desert cattle operation also includes a 1,280-acre GLO lease. Listed with King Land & Water.]]> 13840 0 0 0 https://landreport.com/2017/04/xcel-announces-600mw-wind-farm-in-south-dakota/ Mon, 24 Apr 2017 08:48:27 +0000 https://www.landreport.com/?p=13846 The nation's largest producer of wind power will add 1,550 megawatts of new wind generation in the upper Midwest, including 600 megawatts at a wind farm located in South Dakota’s Codington, Deuel, and Grant Counties. According to Xcel Energy, the proposed Crown Ridge Wind Project will utilize more than 100 wind turbines and be capable of producing enough energy to power more than 300,000 homes. In addition, the project is anticipated to generate $75 million in property taxes and create approximately 600 jobs. Pending approvals, the project will be in service by 2020. Crown Ridge marks Xcel’s second farm in the state. The MinnDakota Wind Farm in Brookings County, which began operating in 2008, produces 54 megawatts of electricity.]]> 13846 0 0 0 https://landreport.com/2017/04/the-13-million-acre-man/ Wed, 26 Apr 2017 07:00:32 +0000 https://www.landreport.com/?p=13850 Royalties from lands owned by the State of Texas are directed to a Permanent University Fund (PUF) for higher education and a Permanent School Fund (PSF) for kindergarten through twelfth graders. The General Land Office is charged with maximizing revenues for the latter.[/caption] Original Photography by Gustav Schmiege III MUCH LIKE HIS NATIVE STATE, the 28th Commissioner of the General Land Office is an intriguing blend of tradition and innovation. He wears cowboy boots – and an iWatch. His responsibilities include the Alamo – and the nation’s top oil-spill response team. And just in case you weren’t up to speed on his duties at Texas’s oldest agency, George P. Bush manages 13 million acres of state lands and mineral rights. That’s right – this guy knows land. Q: It’s been two years since you took the helm at Texas’s oldest agency. Tell us some of the differences between running for Texas Land Commissioner versus actually running the General Land Office. A: You’re absolutely right. There’s a huge difference between campaigning for office and actually leading. We have a pretty singular bias, and that’s generating as much revenue as we possibly can for the schoolchildren of Texas. How can we fulfill that mission despite a 60 percent drop in oil and gas prices? The answer is we’ve leveraged today’s technologies on aper-pound basis, per-acre basis to achieve 30X what the GLO obtained before I came in office. Take, for instance, the online sale of oil and gas leases. Prior to taking office, the GLO handled lease sales the same way it had since back in the 1950s: sealed bids submitted by envelope. Thanks to our partnership with EnergyNet, the GLO has expanded its market online beyond local producers to create competition in the global marketplace. [caption id="attachment_13853" align="alignright" width="325"] GEORGE PRESCOTT BUSH, 40. The native Houstonian attended Rice University (Class of ‘98), where his grandfather was an adjunct professor at the Jones School of Business prior to serving as the 43rd vice president of the United States and our country’s 41st president. In 2003, Commissioner Bush earned a JD from the University of Texas. In 2014, he won more votes than any other candidate on Texas ballots and took office on Jan. 2, 2015. He and his wife, Amanda, live in Austin with their two sons, Prescott and Jack.[/caption] What I’m trying to do is instill a private-sector mind-set in the agency. At least that’s the philosophy that I try to preach to staffers up and down the chain. What distinguishes us from a regulatory body like the Railroad Commission here in Texas or the Department of Energy at the federal level is that we are a true market maker. We are an asset manager, and our bias is to make money for Texas schoolkids. And we made close to $100 million with a lease-sale this past summer. To be very candid with you, the initial reaction to the news of the Alpine High Play was one of pure elation. We almost fell out of our chairs when we heard the news. We did some initial “back of the envelope” analysis, and we forecast that the estimated ultimate recovery for the Permanent School Fund will amount to about $2 billion over the course of the development of the play. If you were to ask mainstream geologists in terms of the economic viability of this development just a few years ago, most would probably ascribe very little, if no value, to that field. At the very least, they would say it doesn’t make economic sense to develop the field, or something like that. We have a great institutional-quality partner in Apache. With the recent settlement in terms of the types of laterals they will utilize under state minerals, it’s a great benefit to the schoolchildren of Texas. But that’s why I’m just super excited about the future. In terms of the future economic potential in the Delaware Basin, it is predominantly under our agency’s rocks. So we are super excited about that. Now we’re seeing frenetic bidding activity in that area, including Southern Reeves County and even in Central Culberson County, west of where we’ve seen a little bit of leasing. The State of Texas set a clear mandate after Reconstruction to dedicate all revenues sourced through the state management of its surface rights. Remember, this was before Spindletop. So we couldn’t really contemplate oil and gas production and what it has meant for public education, be it K—12 or postsecondary. Q: Another responsibility of the GLO is to provide benefits to Texas veterans. This record of service goes back to the Texians and the Tejanos who served in the Texas Revolution. You yourself served in Afghanistan. How did that experience shape your approach to this duty? A: It’s on me, really, to educate the public, to work with the legislature, and to share our mission in support of Texas veterans. That’s why I think it’s important to travel the state outside of the session. Last year, we wanted to dedicate 100 scheduled events to military veterans. You name it, I went there: military installations, VFW posts, VA and DAV centers, American Legion conventions, and state cemeteries. Our last trip of the year probably reflected that the best in the sense. We started off the day in Austin. Then we went to Bonham. Next was Amarillo. And then we closed it out back in Austin. Small state. I mean, my counterpart in Alaska is the only one who can give me a hard time. [caption id="attachment_13854" align="alignleft" width="505"] From its founding in 1836, the General Land Office recorded the names of heroes who fought for Texas and were eligible for land grants. Commissioner Bush christened 2016 the Year of the Veteran at the General Land Office and made 100 visits statewide to military installations, VFW posts, VA and DAV centers, American Legion conventions, and state cemeteries.[/caption] I think the stories that Texas veterans will share with you, based upon this last year of traveling the state, have been generally positive. Part of it is that our Legislature and our leadership recognize the importance of securing the benefits and the privileges that veterans have earned through their service. Today, we work with the federal VA on a variety of issues, so I think the role that I play is to hold them accountable as well as to also celebrate some of the successes that they’ve had and that we’ve had. But there is a flip side to all this. It’s something that I wrote about in an op-ed at the end of the year. It’s what I call a sea of goodness. There are literally — I think we looked it up — over 10,000 nonprofit organizations that serve military veterans. And as a veteran myself, how do you make sense of it all? Which organizations are doing well by their donors, by their supporters, and can actually work with the Department of Defense and the federal Veterans Administration so that it’s a seamless transition? That’s a big part of the challenge: actually just making sense of it all and working through the labyrinth of goodness that’s out there. There are two major chapters in the story of the Veterans Land Board (VLB). One is at the conclusion of the Texas Revolution to award military veterans of all backgrounds, not only the Texians, but the Tejanos who fought against their brothers for liberation from Mexico as well as the folks who came from around the world, some for adventure, some for profit. And so the government at the time convened and commissioned the GLO to essentially manage veterans’ affairs. Then, of course, after World War Two, when hundreds of thousands of young men and women came back from their service, the Legislature then codified it into law to say the VLB needs to provide basic financial services for military veterans. This was actually done before the federal Veterans Administration did so. Q: One of the most ambitious undertakings during your tenure at the GLO has been the renovation and expansion of the Shrine of Texas Liberty. Not only is the Alamo a vibrant symbol of our state’s heritage, but, from what I gather, the structure itself was in dire straits. A: When I came into office, I was struck by an A&M report that showed that the archaeological structure of the Alamo was literally deteriorating before our very eyes. The management agreement with the Daughters of Texas was about to expire, so I knew I had to act. I went to the Legislature and asked for a $30 million emergency appropriation, which we were successful in obtaining. Since that time, I reached out to San Antonio’s newly elected mayor, Ivy Taylor, who’s been a phenomenal partner to work with, as well as Bexar County Judge Wolff. Together, we are reimagining the whole Alamo experience. Urban development had encroached to a point where there is no longer a sense of respect for what happened at the Alamo. If I see that, then I know that many of the 1.7 million people who visit the Alamo each year see the same thing. [caption id="attachment_13855" align="aligncenter" width="588"] As the steward of all state-owned land, the General Land Office is charged with preserving vital elements of Texas history. That begins with the Alamo, whose structural deterioration startled Commissioner Bush when he took office. In conjunction with the Legislature, the City of San Antonio, and Bexar County, he has spearheaded a plan to reimagine the Alamo experience, including the expansion of the Alamo Complex by nearly 100,000 square feet in 2015.[/caption] Our master planner, George Skarmeas, oversaw the renovation of the US Supreme Court Building and the House of Commons at the Virginia State Capitol. Dr. Skarmeas has devoted his life to heritage planning throughout our country, so he’s going to be an incredible thought leader for us. He will finish his presentation to the public at the end of this month. Then we will show it to the Legislature. I’ve asked for $75 million on top of the $30 million that we obtained last session. Our work continues, and we hope that we can do a better job to preserve this vital symbol of our state’s history. I think we got a really good price on Crockett Plaza, which was privately owned. For the record, the State of Texas, including our agency, does not have eminent domain authority. The Alamo Plaza, which is the real estate just west of the shrine itself, is owned by the City of San Antonio. So that will require a partnership with them to make that happen. [caption id="attachment_13856" align="alignright" width="325"] In addition to maximizing revenues from state lands for Texas schoolchildren, supporting Texas veterans, and overseeing the Alamo, The Texas General Land Office is charged with protecting 367 miles of Texas coastline and more than 3,300 miles of bays and estuaries. Responsibilities range from hurricane preparedness to storm damage mitigation and ecosystem restoration. One of Commissioner Bush’s key initiatives is to secure federal assistance in preparing vital areas such as the Houston Ship Channel from storm surge from the next Hurricane Ike or Katrina.[/caption] Q: Take a look in your crystal ball and tell us what you see. Where is Texas going resource-wise? What sort of opportunities is the GLO considering from a revenue standpoint? How will you continue to instill a private-sector mind-set at the agency? A: When I graduated from Rice, I never thought in my wildest dreams that the United States would ever be a net exporter of oil and gas. I think it’s safe to say that within my first term, perhaps my second term, that we will be not only a net exporter of gas but oil as well. I am astounded by that. Part of it was Congress getting rid of the export ban, but we also have a confluence of infrastructure developments taking place in the western hemisphere that benefit Texas uniquely. One of my first trips after I got elected was to the Panama Canal, where I witnessed the expansion of the lanes and the locks firsthand. It’s an extraordinary experience, to see these huge container ships that are three times the size that used to cross the canal now able to fit through. We will now be able to transport Texas oil and gas and to ship containers to China and to other markets. And the leadership there shared with me that 96 percent of Texas natural gas will be able to transit through the Panama Canal, as opposed to taking that long trip around the Straits of Magellan. What this means for the Texas ports is nothing short of remarkable. In addition, Mexico is now an importer of Texas natural gas, and that is reinvigorating production in the Eagle Ford Shale. We have the chance to export cheap natural gas to Northern Mexico to help alleviate their energy shortages there. So Texas could very well be its own oil cartel along with Canada and potentially Mexico. We must also consider renewables. I consider it a solemn responsibility managing the largest K—12 education-focused endowment in the world, and the General Land Office would be remiss if we didn’t examine the opportunity renewables afford. Even though the core revenues of what we generate for the Permanent School Fund and the Permanent University Fund are oil and gas royalties, we’ve been approached by solar panel developers to examine the opportunities on state-owned lands in West Texas. Texas now leads California in terms of wind energy production. Some of those leases are on state lands. There’s obviously environmental consideration when you have migratory game patterns affected by wind farms. But having said that, wind energy offers us a diversification of our portfolio. And we learned that lesson the hard way with respect to the recent correction in oil and gas prices. There’s a myriad of alternative energy sources that we’re examining, even geothermal. On a percentage basis, those revenues will increase. But as I said before, we’re only going to do deals if they make sense. I may be a recovering lawyer, but that’s one of my key takeaways from my private sector years.]]> 13850 0 0 0 https://landreport.com/2017/04/land-report-april-2017-newsletter/ Sat, 15 Apr 2017 07:00:36 +0000 https://www.landreport.com/?p=13861 President Trump has directed the Department of the Interior to review all national monuments designated over the past two decades that exceed 100,000 acres. This includes monuments established by Presidents Clinton, Bush, and Obama. Other updates in this month’s newsletter include:
  • Hawaii's Parker Ranch files a $50+ million foreclosure suit.
  • 26,867-acre A.B. Hudson Estate Ranch goes to auction on May 12.
  • Timber REIT Rayonier announces plans to purchase 95,100 acres for $217 million.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 13861 0 0 0 https://landreport.com/2017/05/on-the-block-26867-acres-of-the-a-b-hudson-ranch/ Tue, 02 May 2017 07:00:32 +0000 https://www.landreport.com/?p=13868 The remaining 26,867 acres of the A.B. Hudson Ranch will be auctioned at 10:00 a.m. on May 12 at the Holiday Inn Express in Wichita Falls. The ranch will be offered in 22 tracts and combinations subject to a reserve of $440 per acre for surface rights only. Archie Bob Hudson (1923—2008) and his brothers formed the Hudson Oil Company, which they later sold to Koch Oil. In its heyday, his cattle operations were considered among the largest in Texas and Kansas. Located two hours northwest of Fort Worth, the ranch is listed with United Country AltaTerra Realty & Auction and Mason & Morse Ranch Company. Matt Armstrong will serve as auctioneer. Click here to read more. ]]> 13868 0 0 0 https://landreport.com/2017/05/sold-dartmouth-college-sells-scenic-farm-for-1-84-million/ Mon, 08 May 2017 08:27:34 +0000 https://www.landreport.com/?p=13884 The Ivy League institution sold New Hampshire’s Hudson Farm to The Trust for Public Land, which immediately deeded the 175-acre tract to the National Park Service as an addition to the Appalachian Trail. A mixture of forest, fields, and wetlands, the estate is located just three miles from Hanover’s Main Street and was seen as a prime development opportunity. Several generations of the Owens family farmed the property in the 1800s. According to a Dartmouth spokesman, the college bought the property in 1963, rented the house, and worked the land.]]> 13884 0 0 0 https://landreport.com/2017/05/2017-land-report-texas-10/ Wed, 10 May 2017 07:00:43 +0000 https://www.landreport.com/?p=13914

  The Lone Star State’s 10 Largest Landowners

  You’ll not find any land flippers or speculators on the following pages. These landowners are in it for the long haul. Improvements are monitored for years, for decades, and for generations. Let us keep this perspective in mind as we applaud it. - The Editors

  No. 1: King Ranch Heirs | 911,215 acres In 2015, King Ranch Inc. announced the purchase of The Boon from Alice Walton and her Rocking W Ranch. The Boon is a seventh-generation descendant of Old Sorrel, King Ranch’s foundation stallion and the cornerstone of its renowned breeding program. The Boon is also a grandson of Peppy San Badger, a King Ranch stallion who changed the sport of cutting. “The Boon is my favorite horse I have ever raised. The Boon has a heart as big as Texas. There is no place I would rather see him than the world-famous King Ranch,” said Walton at the time of his sale. The Boon stands at Brazos Valley Stallion Station. Read more about King Ranch’s legendary equine tradition in The Land Report Texas 2016 edition. No. 2: Briscoe Family | 640,000 acres One ancestor, Andrew Briscoe, signed the Texas Declaration of Independence and fought at the Battle of San Jacinto. Another family member – the venerable Dolph Briscoe Jr. – served as the Lone Star State’s governor from 1973 to 1979. Prior to his service in Austin, Governor Briscoe was a driving force behind the eradication of the screwworm fly in South Texas and the Southern United States. Today, the Briscoe Open Six brand is the mark of the family’s 100,000-acre Catarina Ranch in South Texas, the epicenter of a thriving cow-calf operation and the linchpin of Briscoe Ranch Company. Other Briscoe holdings include the neighboring Carla Ranch, the Chupadera Ranch, and additional ranches in South Texas and Far West Texas. No. 3: O’Connor Ranch Heirs | 580,000 acres In addition to holdings in Far West Texas, this pioneering Texas family’s acreage is situated primarily along the Coastal Plain in and around Aransas, Goliad, La Salle, McMullen, Refugio, and San Patricio Counties. This is the area where Tom O’Connor and an uncle, James Power, were granted 4,428 acres by the Mexican government in 1834. One century later, the O’Connors brought in the renowned Tom O’Connor Field, one of the state’s best known. No. 4: Stan Kroenke | 510,527 acres The owner of the Los Angeles Rams, the Denver Nuggets, and numerous other sports franchises added the W.T. Waggoner Ranch to his stable of cattle ranches in 2016. Spanning six Texas counties and covering almost 800 square miles, the 510,527-acre ranch’s asking price was $725 million; no terms were disclosed. “This is an incredible opportunity and an even greater responsibility,” said Kroenke in a press release. “We are honored to assume ownership of the Waggoner — a true Texas and American landmark — and are deeply committed to continuing the proud legacy of W.T. ‘Tom’ Waggoner, his family, and his descendants.” No. 5: Jeff Bezos | 400,000 acres (up 110,000 acres) One of the world’s most successful entrepreneurs grew up spending summers on his grandfather’s 25,000-acre ranch outside of Cotulla. Decades later, the founder of Amazon started his own private aerospace company, Blue Origin, and set out in search of his own Cape Canaveral. He found it in Far West Texas and named his landholdings after explorers such as Vasco da Gama, Ferdinand Magellan, and John Cabot. Last April, Blue Origin launched a third successful flight of New Shepard with the same booster. Bezos has announced plans for Blue Origin to launch from the real Cape Canaveral by decade’s end. No. 6: Hughes Family | 390,000 acres All of us at The Land Report are deeply saddened by the loss of Dan Allen Hughes Sr. (1929—2016). Born in Louisiana and reared in East Texas, he earned a geology degree from Texas A&M and then served in Korea from 1951—53 alongside his identical twin, Dudley Hughes. Both Hughes brothers were awarded the Bronze Star. After the war, Dan worked as a geologist and eventually founded his own firm, Hughes & Hughes, with Dudley. Decades later, he partnered with his son Dan Allen Hughes Jr. at the Dan A. Hughes Company in Beeville. The firm has many positions in Texas’s Barnett Shale, the Fayetteville Shale in Arkansas, and the Eagle Ford Shale in South Texas. The devoted Aggie passed away on October 5. No. 7: Malone Mitchell 3rd | 384,000 acres This Far West Texas native met his wife, Amy, while both were undergraduates at Oklahoma State. After graduating, the two founded Riata Energy in their guest bedroom with $500 in startup capital. Two decades later, they sold most of their holdings to Chesapeake Energy cofounder Tom Ward for $500 million, and Riata was renamed SandRidge. Their 350,000-acre Longfellow Ranch sits west of Malone’s hometown of Sanderson in the heart of the Trans-Pecos. Take an online a tour of this hunting paradise at www.longfellowranch.com. No. 8: Nunley Brothers | 301,500 acres Seven decades have passed since Red Nunley took up ranching near Sabinal. Beginning with a small steer operation, he went on to establish one of the largest cow-calf operations in Texas. Along the way, he partnered with Dolph Briscoe Sr. to incorporate Santa Gertrudis genetics from King Ranch. Today, Nunley Brothers Ranches is owned and managed by Red’s grandsons, Richard and Bob. Although they are based in Sabinal at the Coyote Ranch, they run cattle from South Texas to the Hill Country and across the Trans-Pecos to Alpine. No. 9: Llano Partners Ltd. | 295,000 acres (up 30,000 acres) Beef cattle and conservation-oriented hunting continue to be the primary focus of the Abell family’s farm-and-ranch operations. Austin-based founder and general partner Hughes Abell also manages investments in oil and gas, timberland, and commercial real estate. Abell currently serves on a variety of industry-related boards, including the Texas and Southwestern Cattle Raisers Association, the Texas Livestock Marketing Association, National Finance Credit Corp., and the National Cattlemen’s Beef Association. No. 10: Bass Family | 285,000 acres (up 135,000 acres) In January, ExxonMobil announced that it would more than double its Permian Basin resources by acquiring the family’s legacy oil and gas interests in a transaction valued at more than $6 billion. The assets are located in the heart of the Delaware Basin, perhaps the most sought-after play nationwide. The Bass acreage currently produces roughly 18,800 barrels per day, but according to ExxonMobil spokesman Scott Silvestri, the company could add 15 rigs and still have ample production for the next two decades.]]> 13914 0 0 0 https://landreport.com/2017/05/trump-orders-review-of-national-monuments-over-last-two-decades/ Mon, 15 May 2017 07:00:15 +0000 https://www.landreport.com/?p=13930

  Secretary of Interior to vet designations since 1996.

  President Donald Trump directed Secretary of the Interior Ryan Zinke to review national monuments greater than 100,000 acres created by the Antiquities Act since January 1, 1996. The Antiquities Act Executive Order, which was issued on April 26, covers national monuments designated by Presidents Bill Clinton, George W. Bush, and Barack Obama. Per the order, Secretary Zinke will consult with local governments and tribes and report back on suggested legislative or executive action, if applicable, within 120 days. The Antiquities Act of 1906 authorizes the president to declare federal lands of historic or scientific value to be national monuments by designating the “smallest area compatible with proper care and management of the objects to be protected.” In his remarks, Secretary Zinke said, “The Interior is the steward of America’s public lands. Part of being a good steward is being a good neighbor and being a good listener. In the Trump Administration, we listen, and then we act.” Click here to read more. ]]> 13930 0 0 0 https://landreport.com/2017/05/blm-admits-to-survey-errors/ Mon, 22 May 2017 07:00:14 +0000 https://www.landreport.com/?p=13948 A long-standing dispute over the Texas—Oklahoma state line that jeopardized private landholdings along a 116-mile stretch of the Red River has been put on hold. In a letter filed in the Northern District Court in Wichita Falls, the agency admitted it used “incorrect methodology” to determine the gradient boundary on Texas properties. (A gradient boundary is determined by the position of flowing water along the bank of a river. The concept was established in a 1924 Supreme Court case involving the Oklahoma—Texas state line.) According to the acting chief cadastral surveyor from the Bureau of Land Management’s New Mexico, Texas, and Oklahoma region, BLM surveyors might not have properly applied the doctrines of erosion, accretion, and avulsion while surveying the properties.]]> 13948 0 0 0 https://landreport.com/2017/05/bumper-crop-gird-land-values/ Wed, 24 May 2017 07:00:06 +0000 https://www.landreport.com/?p=13951 Farmland values in the Midwest decreased by just 1 percent in 2016, thanks to record-setting production numbers. At 15.1 billion bushels, US corn production in 2016 jumped 11 percent over 2015 to set a new record. Soybeans enjoyed a similar uptick to 4.3 billion bushels, a gain of nearly 10 percent over 2015. According to the Seventh Federal Reserve District’s AgLetter, these plentiful supplies put a downward pressure on prices. But lower prices also stoked export demand. In fact, soybeans exports reached an all-time high. Click here to read more. ]]> 13951 0 0 0 https://landreport.com/2017/05/parker-ranch-sues-to-foreclose/ Tue, 30 May 2017 07:00:01 +0000 https://www.landreport.com/?p=13957 Hawaii’s historic Parker Ranch has filed a foreclosure lawsuit against Michael Saalfeld, a German clean energy entrepreneur. According to Pacific Business News, Saalfeld agreed to pay $49.5 million to purchase a total of 3,509 acres in 35 parcels from the Waimea ranch in 2010. The suit, which was filed in Honolulu, claims that Saalfeld failed to fulfill his obligation and owes the ranch more than $53 million, including interest. In 1992, Richard Parker Smart deeded the fabled ranch, complete with his art collection, to a trust to support a variety of charitable beneficiaries in the Waimea community. Click here to read more. ]]> 13957 0 0 0 https://landreport.com/2017/05/the-land-report-spring-2017/ Mon, 15 May 2017 07:00:50 +0000 https://www.landreport.com/?p=13961 The Magazine of the American Landowner announces its much anticipated Deals of the Year. This year's honorees include:
  • Deal of the Year: S. Kidman & Co Sells to Australian Outback Beef
  • Ranchland Deal of the Year: Osage Nation Buys Bluestem Ranch
  • Ag Deal of the Year: Farmland Partners Acquires Wilder Farms
  • Timberland Deal of the Year: Hancock Sells 295,000 Acres
  Other great reads in this issue include:
  • For Sale: America's Oldest Hunting Club the Market for $55 Million
  • Landowner Rights: Battle of Bois d'Arc Creek Rages in North Texas
  • Tenth Anniversary Throwback: Catching Up With Tom Brokaw
  ]]> 13961 0 0 0 https://landreport.com/2017/06/rayonier-to-acquire-95100-acres-in-southeast/ Thu, 01 Jun 2017 07:00:57 +0000 https://www.landreport.com/?p=14009 Jacksonville-based timber REIT Rayonier announced that it has entered into three separate transactions with different sellers in Florida, Georgia, and South Carolina to acquire approximately 95,100 acres of high-quality industrial timberlands. The aggregate purchase price will be $217 million ($2,280 per acre), which will be financed with cash on hand. The acquisitions are located in some of the strongest timber markets in the Southeast along the Interstate 95 corridor near Savannah. Click here to read more. ]]> 14009 0 0 0 https://landreport.com/2017/05/for-sale-historic-cabin-bluff/ Wed, 31 May 2017 07:00:44 +0000 https://www.landreport.com/?p=14017 Read the full story here. For more information on visiting Cabin Bluff, go to CabinBluff.com. For inquiries on purchasing Cabin Bluff, contact Jonathan Burt at jburt@landvest.com. Click here for more information.]]> 14017 0 0 0 https://landreport.com/2017/05/land-report-may-2017-newsletter/ Mon, 15 May 2017 07:00:00 +0000 https://www.landreport.com/?p=14021 The Magazine of the American Landowner is proud to present its annual Deals of the Year roundup. This year's honorees include:
  • The sale of Australia's iconic S. Kidman & Co to Australian Outback Beef
  • The Osage Nation's acquisition of the Bluestem Ranch from Turner Enterprises
  • Farmland Partners $55 million purchase of Wilder Farms at auction
  • Hancock Timber Resource Group's sale of 295,000 acres of Southern timberland
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 14021 0 0 0 https://landreport.com/2017/06/mixed-results-from-the-kansas-city-fed/ Mon, 12 Jun 2017 07:00:28 +0000 https://www.landreport.com/?p=14037 The agricultural sector in the Tenth Federal Reserve District, which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and portions of Missouri and New Mexico, recently reported varied results for the first quarter of 2017. Although farm income continues to fall off, the rate of decline was at a much slower pace than in previous years. More than 200 banks across the district were surveyed, and their forecasts were generally more optimistic than in previous years. As one banker in Eastern Nebraska put it: “We have had excellent crop yields over the past three years. This has helped farmers in repaying their loans with little, if any, carryover debt.” Click here to read more. ]]> 14037 0 0 0 https://landreport.com/2017/06/land-report-2016-deal-of-the-year/ Tue, 13 Jun 2017 07:00:48 +0000 https://www.landreport.com/?p=14041 A stockman musters cattle at a remote station in the northernmost region of Western Australia.[/caption]

  Cattle King’s Empire Sells

  Founded in 1899, S. Kidman & Co grew to be larger than all of Ireland. Its sale became a national obsession for Australians of all walks.

  Text by Eric O’Keefe The ability of a bold soul to take on a larger-than-life challenge and somehow emerge victorious is a central tenet of great landowning traditions. (Just ask Horatio Alger.) Richard King was an 11-year-old stowaway when he was hoisted from the hold of the Desdemona. Two decades later, King Ranch was born in the Wild Horse Desert. In his early twenties, George Hearst quit Missouri to become a Forty-Niner. By the time he bought San Simeon in 1865, he owned interests in the Comstock Lode and the Ophir Mine. Next up were Montana’s Anaconda Mine and South Dakota’s Homestake Mine. Sir Sidney Kidman (1857–1935) was neither a knight nor a cattleman when he left his Adelaide home and struck out on his own. He was a plucky 13-year-old astride a one-eyed horse with five shillings to his name. Sixty-five years later, Sir Sidney was borne into the next life at the head of a mile-long cortege. Odds are there weren’t any one-eyed horses pulling his bier. An estimated 200 wreaths crowned his grave. And his pastoral empire totaled approximately three percent of all Australia, including more than 100 stations, 176,000 head of cattle, and 215,000 sheep. In sheer size alone, S. Kidman & Co dwarfed many countries. [caption id="attachment_14044" align="aligncenter" width="588"] The Pilbara region of Western Australia is home to the world’s largest iron ore deposits. They formed the basis for the Hancock family fortune.[/caption] Like King and Hearst, Kidman was denied a formal education. Instead, he spent decades in the bush learning the livestock business as a drover, a bullock driver, a stockman, and a livestock trader. The gold rush that swept Australia lined his pockets, thanks in large measure to miners’ willingness to pay a fortune for everyday goods. In his twenties, Kidman began trading mining interests. In his thirties, he and one of his brothers bought their first cattle station. His ever-expanding holdings soon reached from South Australia to New South Wales and from Queensland to Western Australia. Rivers and waterways not only connected his far-flung stations; they drought-proofed them. Simultaneously, they created a serpentine series of routes to market. S. Kidman and Co was built to last. Although some partitioning took place following Kidman’s passing, it endured for five generations. But in 2010, Kidman’s great-grandson Will Abel Smith was passed over as chairman of the board. In his stead, a non-family member, John Crosby, was chosen. A long-simmering rift among key shareholders had finally come to light. Smith controlled 27 percent of Kidman. Not long afterward, the sale of the family-owned operation became imminent. In 2014, news of the decision to sell S. Kidman & Co hit the Lucky Country with gale force. Like the Ashes and the Melbourne Cup, the cattle kingdom is a vital element of Australia’s patrimony. It literally predates the founding of modern Australia in 1901. [caption id="attachment_14045" align="aligncenter" width="588"] The daughter of Lang Hancock (1909—1992), Gina Rinehart, 63, succeeded her father as chairman of Hancock Prospecting and has since acquired numerous cattle stations.[/caption] Some might label it hyperbole to credit a collection of outback cattle stations with strategic national interest. The Australian Treasurer, Scott Morrison, is not among their number. Not only does S. Kidman & Co control almost 30,000 square miles of land, but it turns out that its largest holding, South Australia’s 6,000,000-acre Anna Creek Station, is located within a testing ground operated by the Royal Australian Air Force known as the Woomera Test Range. This security interest was one of several reasons why Shanghai-based Pengxin’s initial bid of A$350 million (US$270 million) in late 2015 was rejected on security grounds. In 2016, Pengxin returned to the table with yet another bid. Pengxin’s second run at S. Kidman proved to be far more astute. Not only did it exclude Anna Creek, but it included a Brisbane-based minority partner, Australian Rural Capital. That proved good enough for the Kidman Group board, which gave a thumbs-up to an A$370 million offer (US$285 million). It too was rejected by Canberra. “Given the size and significance of the Kidman portfolio, I am concerned that the acquisition of an 80 percent interest in S. Kidman and Co Limited by Dakang Australia Holdings may be contrary to the national interest,” Morrison said. Agriculture Minister Barnaby Joyce seconded the sentiment. “My preference always is for the Australian asset to be owned by mums and dads of Australia,” Joyce said. The stage was set for a local hero. Make that a heroine. Gina Rinehart’s fortune is pegged in the tens of billions. In the 1950s, her father, Lang Hancock, discovered the world’s largest deposit of iron while traveling through an isolated section of Western Australia’s Pilbara region. More than a decade passed before Hancock could stake his claim to this mother lode. Once the government gave its approval, Hancock Prospecting began cashing multimillion-dollar royalty checks that arrive to this day through an operating agreement with Rio Tinto. The company’s ore has literally built modern China. Following Hancock’s death, his daughter Gina became chair of the family enterprise. Since then, she has directed a sizeable portion of the family fortune into land. [caption id="attachment_14046" align="aligncenter" width="588"] No matter the era, the skills and savvy of able-bodied stockmen such as the young Sidney Kidman are essential to the success of Australia’s mighty cattle stations.[/caption] According to Australia’s ABC News, in 2014, Hancock Prospecting paid A$40 million (US$31 million) for a 50 percent interest in the Liveringa and Nerrima cattle stations in the Kimberley. Like her father’s decision to develop Western Australia’s iron ore reserves, Rinehart sensed a keen export opportunity. “We are well placed to meet the growing needs of our Asian neighbors,” she said. The following year, Rinehart expanded Hancock’s agricultural portfolio by acquiring another outback landmark, Fossil Downs. The million-acre station had been in the MacDonald family since 1882, and its sale upped Rinehart’s Western Australia herd to 60,000 head of cattle. Rinehart’s first offer for S. Kidman & Co came in at A$365 million (US$280 million). Not only did it top all previous bidding, but after twice being rebuffed for national security considerations, Dakang Australia Holdings had exited the negotiations. Yet Australian Outback Beef, Rinehart’s investment vehicle, was one-third foreign owned by China’s Shanghai CRED. A rival offer, one that was entirely Australian, was tendered by four of the country’s leading farming families: the Brinkworths, the Buntines, the Harrises, and the Oldfields. Known as the BBHO Consortium, the foursome upped the ante to A$386 million (US$297 million). Rinehart doubled down. She not only countered by raising her bid by another half million, but she indicated that if needed, she would buy S. Kidman & Co without any partners. In addition, Anna Creek and its outstation, The Peake, would be carved off and sold to the neighboring Williams family. With these stipulations in place, the Kidman Group accepted her offer, the federal government approved the sale, and Gina Rinehart became one of Australia’s top beef producers. Like it or not, Sidney Kidman would have taken the deal himself.

  Land Report 2016 Deal of the Year: S. Kidman & Co. in Queensland, Northern Territory South Australia, West Australia

  Seller: Kidman Group | John Crosby, Chairman Buyer: Australian Outback Beef | Gina Rinehart, Chairman]]> 14041 0 0 0 https://landreport.com/2017/06/horses-to-ride-cattle-to-cut/ Wed, 14 Jun 2017 08:38:38 +0000 https://www.landreport.com/?p=14048 The San Antonio Viejo Ranch of Texas | Original Photography by Wyman Meinzer Given rain, the Wild Horse Desert will heal after drought and hard use by humans and livestock have left it battered and bare. Within days, beaten ground will be hidden under midgrass and scores of species of flowers and less showy annuals, though the mix may suggest recent history – a water lot full of waist-high sunflowers; a carpet of ragweed and croton beneath a giant mesquite; a line of prickly poppy and Texas thistle that from a distance suggests a ranch road or two-track through the grass and scrub. While grass and annual cover hint at recent history, a few woodland patches hide a much older story. In southern Jim Hogg County, some five miles east of Guerra, you can pass unaware within yards of two-story stone ruins. If you’re persistent and alert, you might glimpse pale stone through the brush, and then walls looming overhead, and finally the roofless structure. [caption id="attachment_14050" align="aligncenter" width="588"] Magnificent mesquite savannah like the landscape that once lured Richard King, Mifflin Kenedy, and the East family to the region exemplifies the best grazing land in South Texas.[/caption] Mindful of rattlesnakes, hidden wells, and Africanized honey bees, you pick your way through the brush, perhaps climbing over piles of stone, and peer through a window or door framed in mesquite timber as sound as the day it was cut. Solid beams that once supported a roof of chipichil – mortar made of lime, sand, and gravel – lie amid piles of rubble and rusty square nails, forged one at a time by a blacksmith gone two centuries now. Brush grows through cracks in the floor, through windows. China shards and a fireplace filled by a rat midden conjure images of a home graced with furniture from Laredo or Matamoros. Walls of sillar blocks quarried from local caliche deposits and hauled by donkey or ox cart, some surely weighing a hundred pounds, remain stacked two stories and two feet thick and chinked here and there with smaller stones, square and sharp as any product of a modern quarry. Inside those thick walls, families woke cool on summer mornings. A single room wide, with windows on both sides, built to take advantage of prevailing breezes, the house would’ve been tolerably cool on all but the stillest summer days. Peculiar triangular apertures in walls, large as a dinner plate on the inside, tapering to an outside exit no larger than a man’s fist – troneras, gun ports – remind us that the east fork of the Comanche Trace crossed the Rio Grande only 180 miles upriver from Laredo and that raiders from the Texas Panhandle and the Arkansas River who plundered as far south as Monterrey would think nothing of a two-hundred-mile excursion for a chance at scalps, loot, cattle, and Tejano women. Nor did the Comanches’ old enemy, the Lipan Apaches, driven from their ancestral home on the Southern Plains in the seventeenth and early eighteenth centuries, welcome newcomers to their adopted home. From inside the house, two practiced shooters, protected by the thick stone walls, could lay down terrible crossfire with flintlock muskets or, a century on, breech-loading rifles. At the same time, tall, narrow, similarly tapered windows allowed for protected shooting. Hand-dug wells, some 60 feet deep and lined with sillar, and nowadays often occupied by Africanized bees, testify to a people who knew how to live in droughty country. Old deeds and records of land grants and adjudication, local history, and a few grave markers provide only sparse, bold lines in the palimpsest. We know remarkably little about the few score or few hundred people who formed a community here. [caption id="attachment_14051" align="aligncenter" width="588"] The threat of drought has haunted South Texas cattlemen since the first Tejanos built jacales and dug wells in eighteenth-century Nuevo Santander.[/caption] Decades before Stephen F. Austin’s Old Three Hundred settled at San Felipe, stockmen from various provinces in New Spain moved north of the Rio Grande into Nuevo Santander. Unlike Puritan farmers who settled New England, Cavaliers who claimed the southeastern seaboard, or Scots-Irish yeomen who razed forests and wore out farms from the Virginia coast to the 98th meridian, these pioneers pushed into what would become South Texas armed with ranching skills and tools of a culture developed on the Iberian Peninsula during the late Middle Ages and refined to New World conditions by generations of Indian, Mestizo, mulatto, and Spanish herdsmen. Elsewhere in the Southwest, settlers followed and depended on missions and presidios. Early rancheros on the northern frontier of New Spain provided their own security and spiritual sustenance. The earliest Tejano settlers called this place San Antonio – distinct from San Antonio de Bexar, some 200 miles north. By the 1850s, chroniclers called it San Antonio Viejo – Old San Antonio – while surveyors sometimes referred to las Norias de San Antonio, the San Antonio Wells. Sometime after 1915, those who’d left the community and those who’d simply known it began calling it Rancho Viejo. Whatever they called their community, the people who built these stone houses came to stay, and to leave a durable home to their descendants. As had their predecessors, Coahuiltecan peoples who dominated South Texas for millennia, their subgroups thrived or subsisted from the Balcones Escarpment and Colorado River south into Nuevo León and Tamaulipas. The harsh conditions of the South Texas plains left few possibilities for cultural development by native people. By 1528, when Coahuiltecan bands encountered Álvar Núñez Cabeza de Vaca and his three castaway companions, a way of life virtually unchanged for thousands of years had already been doomed by events in the Caribbean. In 1494, on his second voyage to New Spain, Christopher Columbus unloaded 24 stallions, 10 mares, and a small herd of cattle on the northern coast of Hispaniola. The first small cattle ranches were founded on the island in 1498. Less than a decade on, the West Indies teemed with cattle, many of them wild. The first cattle to reach Mexico arrived in the winter of 1521 when Gregorio de Villalobos landed at the mouth of the Pánuco River near present-day Tampico. Cattle ranching spread rapidly between Veracruz, on the coast, and Mexico City. Hernán Cortés established a ranch in the Mexicaltzingo Valley, registering one of the first brands in the New World, three Latin crosses. These were large seigneurial holdings requiring substantial labor forces, which local Indians, forced into feudal vassalage, provided. By the 1530s, well-connected Spaniards were pushing northwest from Mexico City on grazing land granted by the Crown. Rich silver strikes in Zacatecas in 1546 and the resulting mining industry provided a profitable market for beef, tallow, and hides. [caption id="attachment_14052" align="aligncenter" width="588"] Hernán Cortés brought the horse to Mexico — and forever changed the history of the American continent. Cattle came soon after.[/caption] In The Longhorns, J. Frank Dobie wrote: “In 1540, only 19 years after the initial introduction of seed stock, Coronado, without any effort worthy of note, gathered at least 500 head of cattle, besides thousands of sheep, goats, and hogs, to supply food for his great expedition in search of the golden Seven Cities of Cibola.” Probably, these were the first cattle to enter present-day Texas. By 1600, however, the Spanish Empire had fallen into decline. Wealthy Spaniards in the New World increased their power by purchasing full title to vast acreages from the cash-starved Crown. On the great haciendas in the northern provinces of Durango, Nuevo León, Coahuila, and Chihuahua, hacendados (ranch owners) ruled like feudal lords over everything within their property boundaries. As ranching expanded northward toward Texas, so too did presidios – military outposts established for protection of settlements – and Franciscan missions charged with Christianization and agricultural training of natives. Yet, on the northern edge of the frontier, haciendas provided their own protection in the form of watch towers, battlements, and troneras. Well-armed vaqueros could be mustered into effective defensive forces. In the meantime, the Coahuiltecans were being ravaged by smallpox and other contagions to which they had no resistance. By 1749, when José de Escandón arrived in the Spanish province of Nuevo Santander with 3,000 settlers and 1,460 soldiers, the indios bárbaros, who’d suffered Spanish slave raids and brutal treatment as forced servants, who’d resisted settlement and denied access to ports, salt deposits, and rich grazing lands, were already in serious decline. Escandón found a ranching frontier already in place; some of the ranchos were founded as early as 1730, when ranchers from Coahuila and Nuevo León moved into the region, establishing villas (towns), lugares (settlements), and haciendas, mostly on the south side of the Rio Grande. Escandón promptly founded two villas, Camargo and Reynosa. By 1855, there were 23 settlements along the river. By the end of the century, the province’s population would reach 30,000, far outpacing growth in Texas, even though Nuevo Santander was the last province conquered and colonized by Spain. La Bahía Presidio and Nuestra Señora del Espírtu Santo de Zúñiga Mission, then on the Guadalupe River far to the north, could provide neither protection nor spiritual sustenance. The northernmost ranchos formed the true frontier of New Spain. Settlers on the south bank of the Rio Grande often risked Indian attack and water shortages to graze stock on the north side of the river. After 1755, villas began to form and grow along the north bank – Laredo, Roma. Outside the bounds of large haciendas, stock grazing remained largely open range. In 1767, Spanish authorities began a survey of villas in the province, and in response to requests for individual land grants, began to divide grazing lands along the river in the vicinity of villas into elongated quadrangles called porciones. Most of these consisted of five to six thousand acres and were granted on the basis of seniority and merit. Some 170 porciones were granted along the north bank of the Rio Grande. [caption id="attachment_14053" align="aligncenter" width="588"] Santa Gertrudis crossbred as well as mixed-breed cattle typify the modern San Antonio Viejo herd today.[/caption] North of the porciones, much larger acreages were granted to prominent settlers in Mier, Camargo, and Reynosa. The grantees agreed to stock, improve, maintain, and reside on their lands. Many, however, remained absentee landowners, living in villas or on their porciones while hired vaqueros and their families occupied the remote ranchos. Of course, many stockmen simply appropriated and occupied unclaimed lands for years or even decades, and then applied for grants and titles on the basis of long use. Such was likely the case at San Antonio Viejo. Near the beginning of the nineteenth century, Francisco Xavier Vela, a soldier and self-described “loyal vassal,” began grazing livestock on a four-league tract some 45 miles north of present-day Rio Grande City, then part of Carnestolendas Ranch, which was established in 1762 by José Antonio de la Garza Falcón. Vela had, according to his denuncio, or claim, “settled it in times of drought, despite the dangers of barbarous Indians” and that the land in question belonged to the Spanish Crown. Officials in Mier agreed and sent out a surveyor, José Antonio de la Garza, who found near the middle of the tract a jacal made of woven leaves of Spanish dagger and roofed with straw, and a well lined with mesquite sticks, containing water both poor in quality and insufficient in quantity for Vela’s small herds. West of the well, Vela had built a rough mesquite corral. Farther west still lay a small laguna called San Antonio, dry at the time of inspection but said to hold only meager water during periods of ample rain. Garza considered the land of little value, perhaps 10 pesos per league, due to the likelihood of Indian attacks. On September 15, 1807, Vela’s representative, José de Herrera, a military officer, offered 15 pesos per league and another 16 pesos for administrative fees. Upon learning of the well on the tract, the intermediary’s attorney demanded 30 pesos per league. After further negotiation, officials issued the title on March 18, 1809. The formal ceremony was held on July 14, 1809. To accept Garza’s assessment of the Vela tract is to date the stone ruins at Rancho Viejo no earlier than 1806, the year of the inspection and survey. Yet why would Vela risk Indian attack – and by 1800, not from the hunting and gathering Coahuiltecans, but the aggressive Comanche and Lipan horsemen – for grazing land with poor prospects for good wells, and a laguna that held little water even after generous rains? Perhaps Vela saw potential that he had good reason to keep from Garza, or maybe stockman and surveyor worked out a mutually beneficial arrangement. Nineteenth-century accounts often refer to the “San Antonio Wells,” and indeed, several sillar-lined wells can be found amid the ruins today. Some, despite no maintenance for a century or more, still hold water in some seasons. The tract sits on the western edge of the South Texas sand sheet where excellent water from the Gulf Coast Aquifer is readily accessible along a narrow north—south corridor, east of which the aquifer begins its coastward down-dip. It’s no coincidence that frontier-era roads and trails developed along this well-watered corridor, without which Vela’s denuncio would have been folly. Furthermore, Paraje (Station) San Antonio Viejo, the site of the later community, had been established as a Spanish army post as early as 1723, being strategically located on the road connecting Cerralvo to settlements in the north – an implausible prospect without reliable water. [caption id="attachment_14054" align="aligncenter" width="588"] Wagons like these that survive on the San Antonio Viejo today were used to haul contraband Confederate cotton bales through Rancho Viejo.[/caption] Only a year after issuance of the title, revolution broke out in Mexico; war reached the province by 1811. Whatever Vela’s allegiance – we might assume that a “loyal vassal” would remain a royalist – the revolution must have been extremely disruptive to affairs in Nuevo Santander. Yet by 1821, and the end of the revolution, the lugar at the San Antonio Wells may have been a thriving community at the fork along Camino Real leading from the salt mines in the south, branching northwest to Randado, and northeast to San Diego and to Santo Domingo, a settlement appearing on frontier maps. As the settlement grew, establishing its businesses, stockmen likely grazed their cattle on common, unfenced pastureland, relying on the mesta – a local cattleman’s association – to enforce rules, and roundups to brand, wean, and sort. Individually these were small ranching operations – ranchos – as opposed to large seigneurial haciendas in the provinces south of the Mexican state of Coahuila y Tejas. In addition to comfortable stone houses owned by merchants and prosperous stockmen, humble jacales would have housed peasants. Although still socially stratified, the community would have been considerably more egalitarian than the old feudal societies still common to the south. Wage labor, rather than peonage, characterized the lot of common members of the lugar. Early on, commerce focused southward toward the villas along the Rio Grande. As northward routes expanded and ports developed on the coast, the communities adjusted and prospered accordingly. Comanche and Lipan attack remained a constant threat. At times, area ranchos were abandoned for the relative safety of the villas along the Rio Grande. Drought could prove nearly as disastrous as Indian raids; trade and fortunes swelled and shrank with increased and decreased rainfall. Although the Texas Revolution of 1836 roiled Anglo settlements far to the north and east, disorder and uncertainty surely affected Trans-Nueces lugares and villas. Some of the earliest Anglo banditry occurred during and after the revolution, with brigands using retribution as an excuse for plunder. With Santa Anna’s surrender at San Jacinto, the new Republic of Texas considered the Rio Grande the international boundary. In spite of the dictator’s concessions at the end of several hundred gun barrels, Mexico continued to claim all of South Texas between the Nueces and the Rio Grande. With virtually no Anglo-Texan settlement in the Nueces Strip, and little ability by the new republic to enforce its claim, residents and landowners in South Texas likely felt no less Mexican than before the revolution, and went about their business as usual. At the San Antonio Viejo, fortunes waxed and waned in response to natural and outside economic forces beyond the ranch’s control. Despite increased banditry and overall violence in the Nueces Strip, the tough, resourceful Tejanos persevered, wary as always. [caption id="attachment_14055" align="aligncenter" width="588"] Prior to 1900, the area around San Antonio Viejo was the crossroads for several routes used by the military and for commerce to and from the Rio Grande.[/caption] Conditions on the South Texas frontier grew more precarious after the outbreak of war between Mexico and the United States. Now, not only did recently annexed Texas declare the Rio Grande a boundary, so did the United States. The war years, 1846—1848, must’ve been an anxious time for rancheros in the Nueces Strip, even as the seasonal rhythms of roundups, branding, weaning, shearing of sheep, hog killing, and small-scale planting and harvest continued. A mixture of rumor and solid news, days if not weeks old, surely kept the northern frontier on edge. First came the indecisive battle of Palo Alto, and then the defeat at Veracruz, then the long, humiliating occupation of Mexico City by Winfield Scott’s forces. Though the merchants, rancheros, and vaqueros of the community at San Antonio Viejo were no doubt stunned by the enormity of land purchased by the United States for a mere $15 million, they could not have been surprised to learn that their lugar and surrounding grazing lands now resided within the United States, for the Nueces Strip, their home territory, had been contested ground since the end of the Texas Revolution in the spring of 1836. Yet the reality that they must become American citizens, and Texans more specifically, if not culturally, or forfeit ownership of their lands, must have been jarring. No doubt some rancheros cut their losses and crossed the Rio Grande into a territorially diminished Mexico. Banditry, long rife in the region, reached unprecedented levels as brigands exploited the disorder and confusion in the wake of Mexico’s defeat. Anglo-Texan rustlers stole cattle on both sides of the border, while Mexican bandits stole mostly north of the Rio Grande and drove cattle into Mexico to sell. So brisk was the trade in hides, thieving Mexican bandits resurrected use of the hocking knife, outlawed three centuries prior in Mexico. The hapless cattle, tendons severed by the medieval implement, were killed and skinned where they fell, their naked carcasses left to rot. While frontier-hardened Tejanos knew how to deal with bandits, they were far less well equipped for Anglo-Texans moving into the area to purchase land under American laws. Although the Treaty of Guadalupe Hidalgo provided some assurance that Spanish and Mexican land grants would be honored, confusion and distrust remained, even among heirs of original grantees along the Rio Grande. Mistreatment of Tejanos loyal to the Texas Revolution, such as Juan Seguín, hero of the siege of the Alamo, only deepened distrust. Certainly, some Tejanos sold out because of Indian raids and banditry; others were swindled or intimidated. Tejanos owning the most valuable land, porciones along the river, and other well-watered grazing lands, were understandably reluctant to sell. Even today, much of the land granted to the original settlers remains in the hands of their heirs while Anglos own most of the land closer to the Nueces. To adjudicate land grant claims and restore a modicum of trust and good will, the Texas Legislature on February 5, 1850, passed an act specifying the appointment of a commission to investigate all claims to Spanish and Mexican land grants between the Nueces River and the Rio Grande. [caption id="attachment_14056" align="aligncenter" width="588"] Three towering figures left an indelible mark on South Texas: King Ranch founder Captain  Richard King (left); his business partner, Captain Mifflin Kenedy (center), who founded the Kenedy Ranch; and their business partner, a flinty New Englander named Charles Stillman (right). Photography courtesy of King Ranch Archives, King Ranch Inc., Kingsville, Texas.[/caption] Contrary to persistent border lore, the Bourland Commission, composed of William Bourland and James Miller, both experienced public officials, performed honorably during their two years along the border, overwhelmingly and justly favoring Tejano claimants. Furthermore, many Tejanos were reluctant to sell only because land prices remained low during the uncertainty following the war. After the Bourland-Miller rulings quieted titles, some of these rancheros sold willingly. During the decade following the Treaty of Guadalupe Hidalgo, some 80 percent of the land in the formerly contested territory changed hands. Meanwhile, even as the community at San Antonio Viejo thrived as it remained on the main trade route through Rio Grande City into Camargo and Mier, in Mexico, it remained vulnerable to increasing Comanche raids. Around fall of 1849, the State of Texas stationed Captain John Salmon “Rip” Ford and his company of rangers south of the Nueces to protect settlements and supply trains traveling to and from Fort Ringgold or “Ringgold Barracks” near Rio Grande City. After camping at Santa Gertrudis Creek just long enough to scout the vicinity, the rangers moved southwest and established a camp at San Antonio Viejo. Here, Ford found a resilient frontier community that had known as much disaster as prosperity. Among dignified sillar houses occupied by families, humble jacales, and old stone watering troughs dating back to the Spanish era, he found the remains of an old hacienda – perhaps built for Francisco Vela – destroyed decades prior by Comanche or Lipan raiders. The rangers’ tents formed three sides of a square; one of the old buildings, in which they stored supplies, served as the fourth. On the morning of May 29, 1850, Ford and his rangers were on their way back to San Antonio Viejo, escorting a supply detail to Ringgold Barracks, when they struck fresh Comanche sign. The rangers’ scout, Roque Mauricio, had been snatched from his home in Camargo by Comanche raiders when he was only four years old, grew up to become a respected warrior, and at about age 20, after a raid on Rio Grande City, had been captured by rangers under command of Captain Clay Davis, who persuaded him to switch loyalties and avoid punishment. Roque quickly located the raiders’ camp. In the ensuing battle, the rangers killed several Comanches and wounded and captured a young warrior who turned out to be Carne Muerto, son of the Penateka Comanche war chief Santana. The young warrior recovered, and the rangers took him to Fort McIntosh, at Laredo and continued on a scouting expedition in Laredo. A few days later, Comanche raiders struck the camp at San Antonio Viejo, hoping to find and rescue Carne Muerto. The remaining rangers, under a Lieutenant Highsmith, held off the attackers, who left after a two-day siege. Shortly after being transferred to Fort Merrillin in January of 1851, Carne Muerto escaped to the High Plains, where he joined the Quahada Comanches and led raids against settlers and soldiers until the early 1860s. Even as Rip Ford’s rangers provided relief from Comanche raids, economic disaster loomed. In 1849, Asiatic cholera struck San Antonio de Bexar, Port Lavaca, Brownsville, and other towns where soldiers returning from the war were mustering out of service. Corpus Christi, which had previously been little used by the army, and thus spared exposure to cholera, became the port of choice, and Laredo the preferred point of entry along the Rio Grande. For a few years, then, trade that had long passed through San Antonio Viejo passed between Laredo, Corpus Christi, and San Antonio de Bexar. [caption id="attachment_14057" align="alignleft" width="588"] Prior to the Civil War, Colonel Robert E. Lee (top left) often camped at San Antonio Viejo and at neighboring Randado on his journeys between Ringgold Barracks on the Rio Grande and Camp Cooper near present-day Abilene. Early settlers braved more than just the elements. Comanches, Lipan Apaches, and marauders from both sides of the Rio Grande led to the construction of solid-rock homes with built-in gun ports (top right). Manufactured in 1910, Tom T. East’s Colt .45 bears the Diamond Bar brand (below).[/caption] The epidemic burned out, and San Antonio Viejo began to recover as the old routes came back into use. In 1857, Lieutenant Colonel Robert E. Lee, on his way back to Camp Cooper from court martial duty at Ringgold Barracks, camped at the “San Antonio Wells,” where, according to his letters, he watched mustangers catch 20 colts and a roan mare, and admired a striking iron-gray mare. Though its fortunes waned during the tumultuous decade following the US war with Mexico, the community at San Antonio Viejo remained largely intact, maintaining continuity with traditional Spanish-Mexican culture of the rancho. Yet the upheaval of revolution and war, and the uncertainty of the Bourland Commission’s adjudication, would soon seem transient compared to the changes about to be wrought by newly freed economic forces, specifically raw capitalism. In 1852, those forces appeared incarnate 75 miles northeast of the San Antonio Wells, in Nueces County, where a Corpus Christi businessman and part-time Texas Ranger named Gideon “Legs” Lewis and his new partner, a young riverboat captain named Richard King, established a rough cow camp above a spring-feeding Santa Gertrudis Creek. Anglos who trickled into the Nueces Strip prior to the Treaty of Guadalupe Hidalgo did little to change a seven-century tradition of the rancho. Many married into Mexican families, and became, in nearly every sense, Tejano. The two decades after the Bourland Commission rulings saw rapid Americanization of Trans-Nueces Texas, in which a way of life extending back to medieval Spain moved inexorably toward profit-oriented enterprise. Mifflin Kenedy, Richard King’s primary partner and mentor, began purchasing land at Valerio, on the Nueces River and, in 1854, acquired the San Salvador del Tule land grant north of Brownsville. In 1854, King and Legs Lewis added to their holdings the 53,000-acre Santa Gertrudis grant. After Lewis’s murder a year later, King, Kenedy, and James Walworth formed R. King & Company with some 20,000 head of cattle and 3,000 horses. Two years later, the partners purchased some 90,000 acres of the Laureles grant and another 22,000 acres in the Casa Blanca grant north of Santa Gertrudis. Meanwhile, the settlement at Rancho Viejo continued as a Tejano community supported by surrounding ranchos, especially Las Cuevitas, Agua Nueva, Santa Domingo, Alta Vista, and Randado, with additional commerce from Rio Grande City and Corpus Christi. On February 23, 1861, Texas seceded from the Union. Confederate forces fired on Fort Sumter in April. Even as the war ravaged much of the South, and a Federal naval blockade threatened to strangle a Confederacy dependent on cotton exports and the import of manufactured goods, the chaos of war brought an uneven prosperity to Confederate South Texas. Mexico remained neutral throughout the war. Its riverboats and lighters carrying cotton could not be stopped by Union boats. Ambitious Anglo ranchers and businessmen like Richard King, Charles Stillman, and Mifflin Kenedy had little trouble arranging for tens of thousands of bales of cotton to be loaded at Rio Grande City and Roma and smuggled by steamboat downriver under Mexican paper, and lightered out to ships waiting to carry the precious cargo to England, France, and, no doubt to the immense satisfaction of rebels Kenedy and King, the northeastern United States. Richard King’s rancho, which would play a central role in the future of San Antonio Viejo, served as a hub for wagonloads of cotton coming from every cotton-producing region in Texas and the Deep South. It seems likely that in a smuggler’s economy, San Antonio Viejo, at the intersection of two important roads – one leading to King Ranch – managed the upheaval of war successfully, even as banditry and Indian attacks increased in the chaos and absence of rangers called away to serve the Confederacy. Although disrupted travel made even short cattle drives perilous, enterprising rancheros able to deliver cattle to hungry Confederate forces thrived. The arrival of Union troops under General Nathaniel Banks, on November 2, 1862, and the fall of Brownsville to Union forces in 1864, did little to stop Confederate smuggling. On April 29, 1862, at Rancho Santa Gertrudis, Richard and Henrietta King welcomed their fourth child, a daughter named Alice Gertrudis. Her name seems fitting. She was born on ground she served the rest of her life. And through her eventual marriage to Robert Justus Kleberg, the King Ranch empire would continue and grow. From that King-Kleberg union came another baby girl, one who would grow rooted in another place in the Wild Horse Desert: San Antonio Viejo. Although Richard King, Mifflin Kenedy, Charles Stillman, and a few other well-connected Anglo-Texan smugglers prospered during the Civil War, most rancheros in South Texas saw cattle prices drop as low as two dollars per head as restricted travel and difficulty moving cattle to market outside the region caused a local glut, worsened by the punishing winter of 1863—64, which drove tens of thousands of open-range cattle from the Rolling Plains and Central Texas into South Texas. While the event, the first to be known as the “Big Drift,” eventually contributed to the golden era of the northward cattle drives, in the short term, the great overabundance in South Texas spurred cattle thievery, drove down prices, and ruined cattlemen from the Red River to the Texas coast. Cattle drives resumed and expanded after the war, however. A year after Lee’s surrender at Appomattox, tens of thousands of South Texas cattle were being driven up trails to railheads in Kansas and Missouri, or to stock rangeland in the Dakotas, Nebraska, Wyoming, and other southwestern grasslands. Between 1869 and 1885, Richard King’s vaqueros drove some 70,000 cattle to distant markets. As South Texas recovered from the war, the community at San Antonio Viejo surely shared in the prosperity. Although many Mexican-American vaqueros, including King’s Kineños, drove cattle north, most Tejano rancheros kept their herds close and waited for buyers, of which there were many. The early Reconstruction price of two dollars per head rose as demand soared. [caption id="attachment_14058" align="aligncenter" width="588"] AN AVIAN PARADISE BLOOMS IN THE WILD HORSE DESERT (clockwise from top left):
  bobwhite hen; male northern cardinal; eastern screech owl; Rio Grande turkeys; male Altamira oriole; male painted bunting.[/caption] In 1875 Lazaro Peña bought 1,920 acres in the old Noriecitas grant, just east of present-day Hebbronville, that included the original crossroads freight station for José Escandón’s settlements. At this same crossing, which had been frequented by ox carts since the Spanish era, he established Peña Station, which became the area’s most important railroad point. By 1883, the Texas Mexican Railway, which connected Laredo and Corpus Christi and other smaller communities, passed by Peña Station, making it for a short time the busiest cattle shipping point in the country – much to the benefit of San Antonio Viejo and other ranching communities to the south. Even after James Hebbron moved the station a few miles to the west and established the town of Hebbronville, stage coaches and overland freight hauled by mules and oxen continued to pass through Peña Station until 1917, as it lay on the shortest route between Ringgold Barracks and San Antonio and Corpus Christi. At the height of prosperity, from about 1886 to 1906, San Antonio Viejo included a post office and church to support as many as 100 residents. Oblates from Roma visited periodically to hold services. The community also traded with its own trade tokens, stamped “Fco. P. Pena Guerra – San Antonio Viejo, Texas.” The Guerra family owned stores and other facilities in the town of Guerra, a few miles to the southwest. Traffic along the main trade route from Rio Grande City, which ran through San Antonio Viejo, must have been a boon to the community. Yet forces conspired toward the obsolescence of the old rancho system. Fencing of the huge haciendas in South Texas and the big spreads on the Rolling Plains ended open-range grazing by 1890. The era of communal roundups that had encouraged cohesiveness in vulnerable, remote lugares, was fast closing. Even though short cattle drives between ranches and railroad shipping points continued well into the twentieth century, the old methods were giving way to consolidation and efficiency. Worse yet for small ranchos struggling to adapt to unprecedented change, tick fever reduced demand for Texas cattle at northern railheads. A three-year drought beginning in 1881 left precious little grass along old cattle trails. With no route to northern markets, South Texas’s surplus herds swelled and prices plummeted. Just as the earliest Anglo-Texans settling south of the Nueces learned to ranch and make a life in the Wild Horse Desert, proud old families with lineages back to Nuevo Santander and southward now melded their ways with the Anglo penchant for commerce. A venerable way of life had become a business. Sometime after the Civil War, a man named Edward H. East made his way from Illinois to Texas. On August 28, 1882, his wife, Hattie, gave birth to a son, Arthur Lee, in Corpus Christi. On December 19, 1889, in what is now Archer County, Texas, where Edward East by then owned half interest in the OX Ranch and served as general manager, the family welcomed another son, Thomas Timmons East. On January 9, 1893, a third child, a girl, was born to Robert and Alice Kleberg. Named Alice Gertrudis after her mother, she would live an exceptionally long life rooted in the South Texas soil. Through her, San Antonio Viejo’s fortunes would be tied to those of the King Ranch for three decades, and through her, the San Antonio Viejo Ranch would break away to build its own legacy. In The King Ranch, Tom Lea wrote, “Young Alice and Sarah [her younger sister, Sarah Spohn Kleberg], as they grew up, became tomboy hands at the cow works and roundups. Alice was especially unenthusiastic about school life and school studies at Corpus Christi. Her character – in her growing devotion to range life, to the rides in solitude, to knowledge of and communion with the land and the livestock – bore a marked resemblance to that of her mother’s beloved brother Robert E. Lee King.” By 1913, the East brothers, Tom and Arthur, were active in the ranching business in Starr County and newly formed Jim Hogg County, owning and leasing tens of thousands of acres, including an 18,849-acre tract immediately north of the San Antonio Viejo grant. [caption id="attachment_14059" align="aligncenter" width="588"] Tom and Alice East worked side by side at San Antonio Viejo, a ranch they sacrificed
  to obtain, then lost, and later recovered.[/caption] In his short, unpublished memoir on the period, Hart Mussey wrote, “Tom East was a hustler and operating on a large scale, especially for his age.” Tom T. East soon operated on a much larger scale. Manuel Guerra, a powerful figure in Starr County, scion of a great landowning family that had long dominated South Texas politics, owned the entire San Antonio Viejo tract save for a few thousand acres in and around Rancho Viejo. On June 9, 1914, Manuel Guerra died. His widow, Virginia Cox de Guerra, began purchasing several small plots within the larger San Antonio Viejo tract from Hippolito Ramirez and others with undivided interests in the old community. In December of 1914, Tom East purchased the entire 23,795-acre tract from Virginia Cox de Guerra and bought out his partners in the East, Holbien & Adams venture to become sole owner of 42,644 acres of what had been the Vela and Las Moritas grants. What had been called San Antonio Viejo would soon be called, simply, Rancho Viejo, “Old Ranch,” as Tom East’s headquarters on the Las Moritas tract would be known for a while as Rancho Nuevo, “New Ranch.” Collectively, the two large tracts, and the many thousands of acres that would be added, became San Antonio Viejo. Tom East had formed a close friendship with Caesar Kleberg, manager of the Norias Division of the King Ranch and cousin of Richard and Robert Kleberg – as well as cousin of Alice Gertrudis Kleberg, whom Tom had been courting. We know little about the courtship or what the King-Klebergs thought of Tom East. We do know Tom and Alice were married at Santa Gertrudis on January 30, 1915. Tom Lea described the wedding in The King Ranch: “Two daughters of the family were married at the big house when it was finished. In a ceremony held at 8:30 in the morning Alice Gertrudis Kleberg married a young cattleman, Tom T. East. Henrietta was her sister’s wedding attendant and Caesar Kleberg was East’s best man. Minerva King, daughter of Richard King II, played the piano, and Dick Kleberg sang Til the Sands of the Desert Grow Cold. Following a big family wedding breakfast, the newlyweds left directly for San Antonio Viejo, the groom’s ranch south of Hebbronville in Jim Hogg County about 75 miles from Santa Gertrudis, where the young couple established their home and shared the arduous ranch life they both knew and loved.” Six months later, Alice’s older sister married in a fashion more in keeping with her status: “The big house was the scene of a far more elaborate festivity when Henrietta Rosa Kleberg married John Adrian Larkin of New York. Larkin, who later became Vice President of Celanese, was a companion and Princeton classmate of Tom Armstrong, son of the ranger and ranchman John B. Armstrong,” noted Lea. He summed up his description thus: “The bridal couple took their leave while Princetonians of the wedding party sang Old Nassau, then gave the Princeton cheer, speeding the happy Larkins on their honeymoon in the Adirondacks, a summer home at Croton-on-Hudson, and a town life far removed from South Texas.” Alice East was her mother’s daughter. While her brother Robert eventually took over management of King Ranch and became a big player in the world of Thoroughbred racing and breeding, and Richard went on to become a prominent attorney and six-term Congressman, Alice, like her mother, with whom she shared a given name, devoted her life to husband, family, and the ground she called home. With her wedding gift of cash from her grandmother, Alice bought 25 registered cows and a bull from the Cook Ranch. She had them branded with the Lazy Diamond, her personal brand for the rest of her life. As the newlyweds rode from Santa Gertrudis to their home, San Antonio Viejo, their exhilaration must’ve been tempered by the reality of the challenges ahead. Twenty six-year-old Tom East had assumed enormous debt – a mortgage of $80,000 plus a loan arranged directly with Virginia Cox de Guerra. He’d also bought cows, heifers, and a few steers to stock his ranch, and had sold few cattle the previous year. Just across the Rio Grande, only 50 miles from ranch headquarters, the Mexican Revolution continued unabated. Banditry remained a constant threat. Rumors flew. South Texans expected an attack by Pancho Villa and his men at any moment. Long fraught, relations between Anglo-Texans and Mexicans as well as Hispanic Texans grew tenser with the discovery of the Plan of San Diego, a radical manifesto penned not in San Diego, Texas, but in a Monterrey jail cell. The plan cited grievances going back to the US war with Mexico and accused Anglo-Americans of savage imperialism, exclusion of non-whites from public life and institutions, and continued tyranny. Furthermore, it claimed independence of former Mexican territories “robbed in a most perfidious manner” by an imperialistic United States. Most alarmingly, the plan called for the murder of all white males over the age of 16 and the repossession of any funds they might carry on their person. The revolution was to begin in February 1915. Ranchers took the threat seriously. Much as rancheros had temporarily left their lands because of the threat of Indian raids a century before, several Jim Hogg County ranchers retreated to the Hotel Viggo in Hebbronville. Whatever their fears, the Easts could afford no such luxury. They had a ranch to run, and that ranch required their presence. During roundup, Tom East oversaw three corridas– 10 men, a boss, remuda man, and cook per corrida – rounding up cattle and driving them to Hebbronville, often as far as 50 miles. At dusk on March 17, 1916, the Easts drove in from a cow camp to Rancho Nuevo, the present San Antonio Viejo headquarters. Tom got out of the car to check some stock feed in the barn; Alice drove to a corral behind the barn. As Tom started to exit the back door to meet Alice, he glimpsed the glow of several lighted cigarettes in the dark corral. He eased the door shut and backed away in hopes of warning Alice. Before he could exit the front door, she’d driven in among the some 40 heavily armed bandits, who surrounded the car. In what must’ve been a moment of pure torture, Tom East realized the futility in running to his young wife’s defense and the danger of provoking a violent reaction. He slipped away and made his way on foot several miles through the thorn scrub to a cow camp where he dispatched a messenger to rangers stationed at Hebbronville. The bandits never laid a hand on Alice. They allowed her to walk to the foreman’s house, where they demanded food. Afterward, they robbed the ranch commissary of $90 and all the boots, shoes, clothes, and groceries they could carry, before catching East horses and riding away. At midmorning, the county sheriff, Oscar Thompson, and 12 rangers arrived in a truck full of weapons and saddles, and rode away in pursuit. After trailing for some 25 miles, the rangers surprised the bandits in their camp, killing one, wounding several others, and recovering the stolen horses, two mules, saddles, and assorted tack and weapons. Ironically, half a century earlier, Alice’s mother, barely a year old, was present when another large group of armed men occupied, ransacked, and plundered her home. On December 23, 1863, 80 Federal troops under command of Captain James Speed arrived at Rancho Santa Gertrudis in hopes of capturing or killing the notorious “Rebel agent” Richard King. Instead, after shooting at the front of the house, they shot and killed an unarmed ranch employee, Francisco Alvarado, who’d dashed outside shouting that women and children were in the house. The Federals didn’t find Richard King, who was away trying to arrange for more troop support in the region, but not for lack of searching. Soldiers probed every feather mattress with sabers and bayonets, then, in spite, rode horses through the first floor of the house and pawed through Mrs. King’s personal items before riding away on Christmas Eve with as much plunder as they could carry. [caption id="attachment_14060" align="aligncenter" width="588"] East family members Lica, Tom Sr., Tom Jr., and Robert display their take after a successful hunt with their tracking hounds and their handler, a vaquero named Tiburcio, renowned as a tracker.[/caption] By any measure, the 40 Mexican bandits behaved with more decency than did Captain Speed’s Union soldiers. The couple’s first child, Tom T. East Jr., arrived January 2, 1917, during the worst drought then on record. Rain ceased in 1916, and except for occasional tantalizing sprinkles, wouldn’t return until 1918. Any grass that hadn’t already been cropped by cattle withered away. The conventional fall back of prickly pear proved too risky. At the height of the drought, attempts to burn away spines often ignited the desiccated pads. Some 1,100 East cattle died. At the same time, bandit raids continued along the border, as did the revolution in Mexico. Tom Junior was barely a year old when bandits again raided San Antonio Viejo, this time taking as hostages Tom East’s friend Claude McGill, a Texas Ranger and cattleman, the foreman and his family, and driver Rosendo Garza. As before, the bandits ransacked the ranch commissary, then forced Garza to drive them toward Hebbronville, where they planned to rob a bank. On the way, Garza dissuaded the bandits, telling them that a lot of rangers were stationed in Hebbronville. The bandits abandoned their plan, returned to the ranch, released the hostages unharmed, and rode for the Rio Grande. A posse of Texas Rangers and other local lawmen pursued and shot dead one bandit before the rest escaped into Mexico. A second son, Robert Claude East, was born October 5, 1919, and a daughter, Alice Hattie (Lica, pronounced “Lisa”), on November 11, 1920. Like a Comanche mother, Alice often bundled her babies on cradle boards and hung them on posts or tree limbs, in the shade, while she worked nearby. In the meantime, the Easts added to their holdings, purchasing 22,928 acres from former Texas Ranger Sam Lane and the 14,858-acre Mary Jenson tract at the south end of the ranch. Several smaller additions brought the total to 80,721 acres by the end of 1919. In 1921, the Mexican Revolution finally burned itself out, to the great relief of ranchers on both sides of the Rio Grande. Worries of banditry began to fade. Yet Tom East had fallen behind despite long days of battering work and a brisk business selling range horses and such cattle as he could. Despite the three-year drought, men still had to be paid, equipment maintained and replaced, livestock tended. Under terrible stress, cattle couldn’t endure roundups or drives to market or to better pasture. Some 200 square miles of ranchland and cattle were dying. And more, the Easts had three young children at home. There could’ve been no hiding reality from Alice. The strain must have been almost unbearable at times, the blow to Tom East’s pride terrible even as he knew cattlemen around him were struggling if not failing. Did he keep the severity of his troubles between himself and Alice, or did he discuss the possibilities with his friend Caesar Kleberg and other members of the King-Kleberg family? They would have understood, and surely recognized the signs in any case. A rancher plans for contingencies, but to perpetually plan for record-setting drought would preclude growth. In March of 1922, the Easts deeded their beloved San Antonio Viejo Ranch to Alice’s maternal grandmother, Henrietta King, for the release of a chattel mortgage on 5,000 cattle. The Easts continued to live on the ranch while Tom served as manager. Life went on. Cattle had to be branded and weaned and bought and sold, horses broke. In a journal entry dated January 30, 1928, Tom wrote:

  Today is my thirteenth wedding anniversary, and I can truthfully say there have been lots of ups and downs in the past thirteen years. Have fought lots of battles, but have not lost any yet. But several come out as a draw.

  From the transfer of title in 1922 through 1930, Tom ran his own cattle on the San Antonio Viejo under various leases with the King Ranch in addition to his duties as manager and employee. He cleared thousands of acres of cattle-fever ticks and paid for improvements out of his own earnings. [caption id="attachment_14061" align="alignright" width="325"] Alice East pursued her interest with the camera; dozens of black-and-white photographs, often skillfully composed, capture life on her beloved San Antonio Viejo. Copies of Horses to Ride, Cattle to Cut can be ordered from EastFoundation.net or WymanMeinzer.com.[/caption] Acquisition of some 66,000 acres for release of a mortgage on a few thousand cattle might seem like raw opportunism by Mrs. King and the Klebergs. Certainly, hard bargains of that sort have been common throughout the modern era of ranching, and rare is the great ranch that hasn’t grown on the misfortunes of neighbors. Yet the arrangement, as chastening as it must have been to a proud, ambitious young couple, surely seemed like a godsend to the Easts, for they could remain on the San Antonio Viejo, and the ranch remained within the extended family. Furthermore, King Ranch suffered financial strains of its own. Before ranchers fully recovered from the drought of 1915—17, post—World War I deflation drove cattle prices down through the first five years of the 1920s. Drought struck again in 1925. Western cattle loan companies went into liquidation; thousands of cattlemen lost their ranches. Henrietta King’s death on March 31, 1925, initiated a complex 30-year trust overseen by Robert J. Kleberg Jr., and a long fight with the federal government over potentially ruinous estate taxes. Rather than ruthlessness, the deed transfer might be seen as painful work by an extended family looking out for its own. With rare exceptions, Tom East’s intermittent post-1922 journal entries simply record the daily work of a cattleman. Yet close reading makes clear that regardless of deeds and titles, he had not relinquished emotional ownership of San Antonio Viejo, and as much as he carried out his duty as manager and employee, he tended and expanded the property with an eye toward ownership. Note the clipped, first-person narrative in this undated (probably 1925) entry: “Bought Reed Ranch with 2,000 steers, all horses, mares, goats, and 100 Jersey cows – 17,000 acres of land at $9.00 per acre. Getting dry and need rain bad.” This does not read like a note written by a man who just handled an acquisition for his employer. Tom Lea described the understanding among family members: “The San Antonio Viejo was not a part of the King Ranch proper; though the 66,060.5 acres over in Jim Hogg County did belong to the family corporation, it was in fact the ranching realm of the Tom East family.” Indeed, in addition to the Reed Ranch purchase, San Antonio Viejo expanded some 5,700 acres during the years of King Ranch ownership through purchase of the G. H. Edds tract (1930), Laborde tract (1932), Barrera and Valle tracts (1933), and Leyendecker tract (1938). Furthermore, Tom East pursued his own interests, running cattle on tens of thousands of acres at San Antonio Viejo and elsewhere. Two notes written from the period reveal grim realities about range life: Christobal Garcia was killed at Draper Pens on July 8, 1932. Running a calf and his horse fell with him – breaking his neck. His brother Modesto Garcia was killed 1920 on San Antonio Viejo by horse falling on him, breaking his neck. Beyond his spare notes and a vast archive of purchase and sales records and legal documents, hundreds of snapshots, many of them taken by Alice East, provide a glimpse of family life at San Antonio Viejo: Tom Jr. and Robert, at perhaps 12 and 10, unsmiling, rifles in hand. Robert holding a live bobwhite in his left hand, posing with nice white-tailed bucks, Lica kneeling between them. Tom Sr. in the saddle, and Alice in chaps, about to climb into her saddle, both smiling, windmill rising above the trees behind them. And one of my favorites, Lica at about eight, sitting on a roped and tied Brahma bull, blond braids dangling beneath her flop hat, her father kneeling at her side. Usually, Tom Sr. looks the part of the mature cattleman, the boss, wearing a white shirt, jacket, and tie – even on horseback. Indeed, he moved among the top cattlemen of the era, serving as a director of the Southwestern Cattle Raisers Association for several years, and as Jim Hogg County commissioner. The East children grew into expert cowhands. They went to school in Kingsville. After grade school, Lica went away to Gunston Hall, a private school in Washington, D.C. On January 1, 1935, 18-year-old Tom T. East Jr. took over as manager of the San Antonio Viejo Division, freeing Tom Sr. to pursue his own interests in addition to serving as a senior member of the King Ranch management team. Tom Jr.’s journal entries are no less understated than his father’s. He notes his first day on the job:

  Tom East started work as foreman of San Antonio Viejo Ranch today. Corrida gathered remuda.

  A few weeks later, Saturday, March 16, his parents’ stoicism comes through:

  Gustavo Ramirez died this morning from heart failure. He died with the wagon reins in his hand. Worked the Moritas today cutting out 175 McGill steers and sending them to San Pablo. [Running W] herd taken to Norias trap.

  On Monday afternoon, November 29, 1943, while visiting family at Santa Gertrudis, King Ranch, Tom T. East Sr. suffered a heart attack and died in Lica’s arms. He was 54.]]> 14048 0 0 0 https://landreport.com/2017/06/2016-land-report-100-philip-anschutz/ Fri, 16 Jun 2017 07:00:40 +0000 https://www.landreport.com/?p=14063

  No. 22 Philip Anschutz

  434,500 acres Wyoming’s reputation as a low-tax haven is somewhat suspect in certain quarters of downtown Denver, home of The Anschutz Corporation. The company developed its Chokecherry and Sierra Madre Wind Energy Project on Anschutz’s Overland Trail Cattle Company in Southern Wyoming’s Carbon County. Projected to be the largest wind farm in North America, the project was well under way when Wyoming became the first and only state in the Union to levy a tax on power generated at wind farms. So much for the nation’s best tax climate for business. This spring, the BLM issued a draft Finding of No New Significant Impact (FONNSI) on the project. The governmental milestone represents yet another step forward for the massive project, which would ultimately include up to 1,000 wind turbines, cost $5 billion, and generate 3,000 megawatts of clean, renewable energy. ]]> 14063 0 0 0 https://landreport.com/2017/06/2016-agriculture-deal-of-the-year/ Mon, 19 Jun 2017 08:35:34 +0000 https://www.landreport.com/?p=14099 It’s not often that more than a dozen square miles of Illinois farmland come to market at one time, but that’s exactly what happened last December. The 46 tracts were spread out over two counties, just east of the Iowa state line. Some tracts bordered the Mississippi River; others, the Illinois River. R.D. Schrader and his team at Schrader Auctions spent months preparing: mapping the tracts, getting aerial footage, digging down into the legal specs, and making sure as many qualified buyers as possible were on hand. “When you’re selling this much land, you naturally want to get the larger institutional investors and funds involved,” said Schrader. “As it turned out, we had one buyer [Farmland Partners] for all the land. But it’s important to reach the local operators as well and give them every opportunity.” Schrader’s efforts paid off handsomely. On December 12, 64 registered bidders showed up at Western Illinois University in Macomb. Although many bidders eyed individual tracts, the auction quickly became a two-horse race. Denver-based Farmland Partners emerged victorious, paying $55.3 million, or $6,400 per acre. At press time, the publicly traded company (FPI) owned 152,000 acres of high-quality farmland throughout North America. “These two farms ... represent a truly unique investment opportunity in the Midwest,” said Farmland Partners Executive Chairman and CEO Paul Pittman. “We expect significant long-term appreciation on these properties due to their size and the incredibly efficient operating environment we expect to provide to our tenants.

  Land Report 2016 Agriculture Deal of the Year: Wilder Farms Acquisition by Farmland Partners in Fulton and Mercer Counties, Illinois

  Seller: Wilder Corporation of Delaware Auctioneer: R.D. Schrader, Schrader Real Estate and Auction Company Buyer: Farmland Partners, Inc. | Paul Pittman, Executive Chairman and CEO

  ]]> 14099 0 0 0 https://landreport.com/2017/06/indiana-wisconsin-bolster-corn-belt-land-values/ Wed, 21 Jun 2017 07:00:20 +0000 https://www.landreport.com/?p=14102

  The American Farmer did it again in 2016: besting all-time records for corn and bean production. The increased volume almost compensated for falling commodity prices. Almost. – The Editors

  NATIONAL — TREND At 15.1 billion bushels, US corn production in 2016 jumped 11 percent over 2015 to set a new record. Soybeans enjoyed a similar uptick to 4.3 billion bushels, a gain of nearly 10 percent over 2015. Plentiful supplies of corn and soybeans put a downward pressure on prices. But lower prices also stoked export demand. In fact, soybeans exports reached an all-time high. MIDWEST — FOCUS Of the 192 bankers who responded to the Seventh District’s survey, nearly 60 percent predicted farmland values to remain stable. More than 40 percent forecast a decrease in farmland values. Download a complete copy of the Seventh Federal Reserve District’s AgLetter at www.ChicagoFed.org.]]> 14102 0 0 0 https://landreport.com/2017/06/2016-timberland-deal-of-the-year/ Mon, 26 Jun 2017 07:00:31 +0000 https://www.landreport.com/?p=14111 Almost 500 square miles of former TimberStar lands in Arkansas and Texas were purchased by Forest Investment Associates and Molpus Woodlands Group from the Hancock Timber Resource Group. The 295,000-acre sale to the timberland investment management organizations (TIMOs) was announced in December. The properties were part of Hancock Timber Resource Group’s acquisition of 900,000 acres belonging to TimberStar Southwest and consist primarily of high-quality pine plantations. Since 2006, long-term supply contracts have been in place with industry leaders such as Georgia-Pacific, International Paper, and West Fraser for timber products off the subject lands. Forest Investment Associates’ clients acquired approximately 146,500 acres in Arkansas and Texas. Molpus’ clients acquired 148,500 acres in the two states. Each block of timberland will be separately managed by Forest Investment Associates and Molpus Woodlands Group. In a statement, Molpus Executive Vice President Bob Lyle said, “We are excited about this opportunity to build on the property’s legacy of sound stewardship and are committed to providing sustainably managed timber that is so important to the region’s forest industry.” Forest Investment Associates’ Charles VanOver added, “We believe these well-managed properties match our clients’ objectives of acquiring high-quality core timberland assets to provide stable, long-term returns and portfolio diversification.” Perella Weinberg Partners LP served as exclusive financial advisor to Hancock Timber Resource Group in the transaction.

  Land Report 2016 Timberland Deal of the Year: Forest Investment Associates and Molpus Woodlands Group Acquire 295,000 Acres from Hancock in Arkansas and Texas

  Seller: Hancock Timber Resource Group, Brent Keefer, Managing Director & President Buyers: Forest Investment Associates, L. Michael Kelly, President & Molpus Woodlands Group, Dick Molpus, President]]> 14111 0 0 0 https://landreport.com/2017/06/the-land-report-top-ten-spring-2017-2/ Wed, 28 Jun 2017 07:00:54 +0000 https://www.landreport.com/?p=14116

  Big ranches, big resources, and big views dominate the nation’s leading listings. – The Editors

  1. Sandow Lakes Ranch (Texas): $250 million This 33,777-acre acre Central Texas property is being sold by Alcoa. Bernard Uechtritz of Briggs Freeman Sotheby’s International Real Estate has the listing. 2. Gemini (Florida): $195 million This nearly 16-acre South Florida compound, which is owned by the Ziff family, features 1,200 feet of Atlantic Ocean frontage and about 1,300 feet on the Intracoastal Waterway. Carmen D'Angelo Jr. of Premier Estate Properties is co-listing agent. 3. Las Varas Ranch (California): $108 million These 1,800 acres just west of Santa Barbara encompass more than 2 miles of Pacific Ocean frontage. Listed with Kerry Mormann of Berkshire Hathaway HomeServices and Anthony Punnett of Douglas Elliman Real Estate. 4. Cielo Vista Ranch (Colorado): $105 million Thousands of elk, a resident herd of bighorn sheep, and deeded ownership of 14,000 acres are a few high points of this 83,628-acre Sangre de Cristo ranch. Listed with Jeff Hubbard and Pat Lancaster of Mirr Ranch Group. 5. Pumpkin Key (Florida): $95 million This 26-acre island in the Florida Keys sits between Key Largo and the mainland. Improvements include a main residence, two caretaker’s cottages, a dock master’s apartment, and an office. Accommodations and dockage at Ocean Reef transfer. Russell Post of Russell Post Sotheby’s International has the listing. 6. Homer’s Pond (Massachusetts): $88 million This private retreat (pictured above) is set on 314 acres along the southern shore of Martha’s Vineyard and is available in its entirety or in smaller parcels. Grace Bloodwell and Charles Carlson of South Light Property have the listing. 7. Rancho San Carlos (California): $85 million This 237-acre hilltop estate is perched high above the Pacific in Montecito. Ten residential cottages complement the Reginald Johnson-designed main residence. Suzanne Perkins and Harry Kolb of Sotheby’s International Realty Santa Barbara the listing agents. 8. Elk Mountain Lodge (Colorado): $80 million Bill Koch’s Aspen estate sits on 83 acres just minutes from the mountain resort. The property (pictured above) is available in its entirety or in smaller parcels, each with its own home. Listed by Joshua Saslove, Raifie Bass, and Wendy Wogan of Douglas Elliman Real Estate. 9. Winecup Gamble Ranch (Nevada): $77 million This storied commercial beef operation currently carries 9,200 mature cattle, not counting 2016 calves. The Marketing Broker is Bates Land Consortium, and the Listing Broker is Coldwell Banker Algerio/Q-Team Realty. 10. Sycamore Valley Ranch (California): $67 million After two years on the market at $100 million, Michael Jackson’s Neverland Ranch gets a new broker and a new price. Joyce Rey of Coldwell Banker Previews International has the listing on the Jackson estate.]]> 14116 0 0 0 https://landreport.com/2017/06/land-report-june-2017-newsletter/ Thu, 15 Jun 2017 07:00:16 +0000 https://www.landreport.com/?p=14124 Summer is heating up as investors seize the day at home and abroad. Read all about it our June Newsletter:
  • The City of San Angelo pays $44 million for the surface rights of the historic Ford Ranch
  • American Timberlands Company acquires 2,000-acre Wadmalaw Island Farm for $18 million
  • Weyerhaeuser to sell South American holdings for $400-plus million
  • New owners for Doug and Kristine Tompkins' Chilean sea farm
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 14124 0 0 0 https://landreport.com/2017/07/2016-ranchland-deal-of-the-year/ Mon, 03 Jul 2017 07:00:32 +0000 https://www.landreport.com/?p=14126 In June 2016, the Osage Nation acquired Oklahoma’s Bluestem Ranch from Turner Enterprises for $74 million. It was one of many steps the Osage have taken as they seek to reassemble tribal lands dispersed more than a century ago. The 43,000-acre prairieland ranch west of Pawhuska was utilized by Turner Enterprises to run 3,000 head of bison and cattle. In a letter to Osage Nation Principal Chief Geoffrey Standing Bear, Turner noted he had hoped all along that the tribe would become the new owner when he put the property up for sale. “It is my sincere hope that our transaction is the last time this land is ever sold,” Turner wrote, “and that the Osage Nation owns this land for all future generations.” The purchase was the latest effort by Standing Bear and the Osage leadership to reacquire tribal lands formerly owned in Osage County. “Land,” Standing Bear said, “is central to the culture, traditions, and history of the Osage people.” In addition to acquisitions such as the Bluestem, the Osage have partnered with the Department of the Interior in its Land Buy-Back Program, which facilitates the purchase of individual interests in fractionated trust lands and consolidates ownership. “In the year 1906, the Osage owned all of the nearly 1.5 million acres of our reservation. Today, we have less than 4 percent of the land in Osage ownership,” said Standing Bear. “Much of the remaining land is fractionated ownership. The Land Buy-Back Program provides an opportunity for the Osage Nation to purchase some of the fractionated interests for complete ownership of land parcels. By having one owner, we can finally determine the highest and best use of the land.”

  Land Report 2016 Ranchland Deal of the Year: Bluestem Ranch in Oklahoma

  Seller: Turner Enterprises, Ted Turner, Chairman Buyer: Osage Nation, Geoffrey Standing Bear, Principal Chief]]> 14126 0 0 0 https://landreport.com/2017/07/buying-a-piece-of-ground/ Wed, 05 Jul 2017 08:01:37 +0000 https://www.landreport.com/?p=14130 Tom and Meredith Brokaw had no idea about the adventure they were about to undertake when they decided to buy a ranch in Montana in the late 1980s. “It was kind of a romantic idea that I had of buying a piece of ground. I was really looking for 100 acres and a river, and that’s the hardest single thing to find. And I kept at it, kept at it, kept at it. My wife never believed it would come to fruition. And it did,” Brokaw told The Land Report. After decades on his property, Brokaw is anything but a passive landowner. The pace of his voice quickens as he describes the many challenges the land affords, the biological puzzles, and the sort of problem solving that has stimulated as well as preoccupied Montana landowners for generations. How would he summarize it? “A life-changing experience for the whole family.”

  “I was really looking to 100 acres and a river, and that’s the hardest single thing to find.” Tom Brokaw The Land Report May 2007

  ]]> 14130 0 0 0 https://landreport.com/2017/07/sold-city-of-san-angelo-pays-44-million-for-34841-acre-ford-ranch/ Thu, 06 Jul 2017 07:00:28 +0000 https://www.landreport.com/?p=14135 Purchase reunites surface rights with valuable groundwater rights previously acquired by the municipality. The historic Ford Ranch, which predates Texas statehood, was acquired by the City of San Angelo in mid-June. The municipality, which already owns immensely valuable groundwater rights in the Hickory Aquifer beneath the Ford Ranch, opted to protect its $120 million investment in the well field by purchasing the surface rights and controlling its development. The potential pitfalls of other options, such as clarification of water rights by lawsuit or the renegotiation of existing contracts with new surface owners, were deemed too onerous. Sam Middleton of Chas. S. Middleton and Son in Lubbock represented the G. Rollie White Trust, which owned the ranch. King Land & Water of Fort Davis and Austin represented the City of San Angelo. Click here to learn more about this sale. ]]> 14135 0 0 0 https://landreport.com/2017/07/2016-land-report-100-jeff-bezos/ Fri, 07 Jul 2017 00:00:23 +0000 https://www.landreport.com/?p=14138

  No. 25 Jeff Bezos

  400,000 acres (up 110,000 acres) One of the world’s most successful entrepreneurs grew up spending summers on his grandfather’s 25,000-acre ranch outside of Cotulla, Texas. Decades later, the founder of Amazon started his own private aerospace company, Blue Origin, and set out in search of his own Cape Canaveral. He found it in Far West Texas and named his landholdings after explorers such as da Gama, Magellan, and Cabot. Gis April, Blue Origin launched a third successful flight of New Shepard with the same booster. Bezos has announced plans for Blue Origin to launch from the real Cape Canaveral by decade’s end. ]]> 14138 0 0 0 18507 https://www.hotnewsupdates.com/jeff-bezos-and-lauren-sanchez-set-for-biggest-prenup-ever/ 0 0 18508 https://blog.quienquedaconquien.com/jeff-bezos-lauren-sanchez-tendra-un-acuerdo-prenupcial-masivo-por-una-fortuna-de-140-mil-millones-esto-es-lo-que-esta-en-juego/ 0 0 18509 https://redoofhealer.top/jeff-bezos-and-lauren-sanchez-set-for-biggest-prenup-ever/ 0 0 18510 https://wmleader.com/entertainment/898359/jeff-bezos-and-lauren-sanchez-set-for-biggest-prenup-ever/ 0 0 18511 https://social.mizihealth.com/jeff-bezos-lauren-sanchez-will-have-massive-prenup-for-140b-fortune-heres-whats-at-stake/ 0 0 18512 https://sportsgrindentertainment.com/jeff-bezos-and-lauren-sanchez-set-for-biggest-prenup-ever/ 0 0 18513 https://leakherald.com/jeff-bezos-and-lauren-sanchez-set-for-biggest-prenup-ever/ 0 0 18514 https://www.thehamdenjournal.com/entertainment/jeff-bezos-and-lauren-sanchez-set-for-biggest-prenup-ever/667134/ 0 0 18515 https://theshocknews.com/jeff-bezos-lauren-sanchez-will-have-massive-prenup-for-140b-fortune-heres-whats-at-stake/ 0 0 18516 https://www.lonetreevoice.com/jeff-bezos-and-lauren-sanchez-set-for-biggest-prenup-ever/ 0 0 18517 https://leadrightnews.com/jeff-bezos-and-lauren-sanchez-set-for-biggest-prenup-ever/ 0 0 https://landreport.com/2017/07/american-landowner-the-cabin-bluff-story/ Thu, 13 Jul 2017 01:27:48 +0000 https://www.landreport.com/?p=14148 Who knows what type of call this guest's guide used to lure this white-tailed deer back to camp?[/caption] For Sidney Hawkes, an executive with Mead Corporation until his retirement in 1996, the perfect way to end the day at Cabin Bluff Sporting Plantation was on the long wooden dock that pokes out into the Intracoastal Waterway. Looking out on tranquil waters that lap ashore on Cumberland Island, he’d gingerly cast a line. Rod in hand and weary from the day’s hunts, Hawkes would revel in the sunset vista. Decades later, it remains etched in his mind’s eye. “After dinner, I would be ready to go to bed. But I had to go out on the dock first,” Hawkes says. “There were sea trout you could catch and leave in the box, and when you came into the dining room in the morning, they’d be cleaned and cooked for you for breakfast.” That’s how they do it at Cabin Bluff. A typical day at the saltwater plantation starts before sunrise with a soft knock on your door. It’s time for a light breakfast, one that gets you out into the field. Not an hour passes before you’re listening to your guide call in some hungry gobblers. Then you down a hot breakfast back at the lodge. In no time, you grab your gun and get ready to spend the rest of the morning quail hunting. If you time your seasons right, the afternoon has been booked stalking deer or wild boar. By the time you finish cleaning up, cocktails are being served. And if Sidney Hawkes is your host, the sumptuous dinner you are about to enjoy will be followed by a trip to the dock and a little night fishing. By the time you make it back to your cabin, more than likely, you’ll fall asleep before your head hits the pillow. “It’s a sportsman's paradise,” says LandVest Executive Vice President Joseph Taggart, who has the $55 million listing on the historic retreat which dates back to 1827. Originally known as the Camden Hunt Club, the property belonged to the Floyd family– a prominent clan with extensive financial and political ties. The Floyds built the first structures at Cabin Bluff and brought a sense of plantation prosperity to a region that was once the homeland and hunting grounds of the Timucuan Indians. Invitational hunts and boat races were staged at the Camden Hunt Club. One notable competition boasted a purse of $10,000, an enormous sum at that time. [caption id="attachment_14153" align="aligncenter" width="739"] Two-thirds of Cabin Bluff’s 10,300 acres are composed of oak hammocks and pine plantation. The remainder consists of tidal marsh and freshwater lowlands.[/caption] With the threat of civil war looming, many Camden Hunt Club members feared the loss of a way of life they cherished. The daytime conversations and evening toasts often echoed these concerns. At one such gathering in 1838, the hunt club president raised a glass to the State Rights Party of the South, declaring:

  They will draw the sword and deluge the country with blood before they will yield a particle of their ‘Reserved Rights.’

  Those fears materialized following the fall of the South. The ensuing economic hardships took a toll on the Floyd family, and the Camden Hunt Club eventually became a casualty of the conflict. Soon, the lush tapestry of mature pine and oak hammocks reverted to a tangled thicket. [caption id="attachment_14154" align="aligncenter" width="707"] A favorite game of Native Americans, the eastern wild turkey (left) thrives in Georgia and has long been a fixture at Cabin Bluff (right).[/caption] More than half a century passed before Howard Coffin, one of the founders of the Hudson Motor Car Company, acquired the acreage and re-established Cabin Bluff as a world-class hunting and fishing plantation. A well-connected automotive pioneer, Coffin invited other industrialists, celebrities, and politicians to his sporting plantation. One of his most celebrated guests was the country’s First Fisherman, John Calvin Coolidge Jr., and the First Lady, Grace Coolidge. A lifelong angler, the 30th President was introduced to fly-fishing by the head of the White House Secret Service detail, Edmund Starling. In addition to overseeing the security detail of five presidents, Starling was a devout fly fisherman. The two became quite the pair, scheduling many a presidential vacation in close proximity to the country’s best waters. Not surprisingly, when Howard and Matilda Coffin invited the Coolidges to South Georgia over the Christmas holidays in 1928, the overture was warmly welcomed. The images of the native Vermonter at Cabin Bluff show a true outdoorsman in his element. [caption id="attachment_14155" align="aligncenter" width="588"] No matter if he were hunting or fishing, our 30th President stood out at Cabin Bluff, thanks to his distinctive wide-brimmed Stetson and lightning-quick reflexes.[/caption] The naming of the Coolidge Tavern honors that memorable visit. It’s one of more than a dozen structures in place today that can host up to 40 guests in rustic splendor. For the last 60 years, the sporting plantation has served as a corporate retreat for some of the leading timber companies in the nation. During the Mead Corporation’s heyday, Sid Hawkes would bring eight guests at a time and busy their days with hunting, fishing, and lobbying. Although title to Cabin Bluff has changed hands over the last 60 years due to corporate mergers, the successor to Mead Corporation, WestRock, still owns and manages Cabin Bluff. To walk the grounds at the historic club is to understand why it has been cherished by so many for so long. [caption id="attachment_14156" align="aligncenter" width="588"] Silent Cal was a fierce supporter of racial equality. In his first State of the Union address, he declared that the rights of 12 million “colored people” were “just as sacred as those of any other citizen.” He also sought to make lynching a federal crime. Later, he signed the Indian Citizenship Act, which granted citizenship to all US-born Native Americans.[/caption] The Coolidge Tavern still serves five-course dinners that rival any big-city fare. Mementos from long-forgotten hunts decorate the walls of the rough-hewn lodge. The lodge’s main room, with its magnificent rock fireplace and leather furnishings, reeks of Old South. One look and you can hear the Bourbon being poured and smell the cigars being clipped. All told, the main compound and adjacent six-hole golf course designed by Davis Love III occupy less than 200 acres. The remaining 10,000 acres – the hunting grounds, the transitional lands, and the shores of the Intracoastal Waterway – are much the same as when the Coolidges visited. “Cabin Bluff has been kept mostly intact, and that’s a very unique feature,” says LandVest’s Jonathan Burt. “It’s a peninsula that has remained pristine and mostly undeveloped. It’s the longest distance of undeveloped coastline waterfront on the Georgia coast, and that’s unique.” Overly developed resorts such as St. Simons Island, Jekyll Island, and Amelia Island can be found less than an hour away. [caption id="attachment_14157" align="aligncenter" width="588"] Then and now, everyone gathers at the end of the day to tell tall tales, give gear a once-over, and love on a favorite pup.[/caption] Yet the country’s oldest hunting club has also been permitted as one of the largest developable properties on the Georgia coast. The property currently features special zoning as Cabin Bluff Planned Development District, which allows for a wide range of residential and resort opportunities. This includes approximately 10,000 residential units and over one million square feet of commercial development. “Just because it can be developed, that doesn’t mean that’s what’s going to happen to it,” Taggart says. He’s referring to the fact that for the first time since the 1950s, Cabin Bluff has come on the market. Will it remain a tribute to its storied heritage, or does the future hold a new vision for this ancient hunting ground? Consider for a moment that Camden County and the State of Georgia are currently pursuing the development of Spaceport Camden just down the road from Cabin Bluff. The goal is to create a world-class spaceport and aerospace industrial park just minutes away. [caption id="attachment_14158" align="aligncenter" width="985"] Although the decor may have been updated (right), the ambiance of the main lodge fosters a tradition of camaraderie that dates back centuries (left).[/caption] “There’s a lot of optionality with this property. Cabin Bluff could be purchased by the state or by a federal interest; it could be purchased by a wealthy individual who wants a tax break through a conservation easement; or it could be carefully developed with a master plan,” Taggart says. Jot down a short list of world-renowned getaways nearby – Sea Island, Saint Simons Island, Amelia Island, Jekyll Island, Cumberland Island – and the value of such a seaside tract quickly becomes apparent. “Much of the coastal land around here has either been poorly developed, overdeveloped, or placed under easement, with the exception of the Bluff tract,” Taggart says. “Cabin Bluff is like the Austin Healey that’s still sitting in an old farmer’s barn in mint condition. It’s just waiting for the right individual.” For more information on visiting Cabin Bluff, go to CabinBluff.com. For inquiries on purchasing Cabin Bluff, contact Jonathan Burt at jburt@landvest.com.]]> 14148 0 0 0 Shepherded for centuries and protected by a national seashore, this historic saltwater plantation enjoys one-of-a-kind status as America’s oldest hunting club.

  For the next owner of Cabin Bluff, the $64,000 question will be whether to continue its matchless legacy or harness its resources on an even greater scale.

  ]]> https://landreport.com/2017/07/usda-seeks-to-restore-400000-acres-longleaf-pine-forest-on-private-lands/ Tue, 18 Jul 2017 07:00:10 +0000 https://www.landreport.com/?p=14164 Recognized as one of the most biologically diverse ecosystems on earth, longleaf pine forests once totaled more than 90 million acres and extended from Southern Virginia to Central Florida and East Texas. Less than 4 million acres exist today. In 2005, America’s Longleaf Restoration Initiative was formed to support a restoration approach across public and private lands. It includes USDA’s Natural Resources Conservation Service and partners including the National Fish and Wildlife Foundation, Longleaf Alliance, The Nature Conservancy, US Department of Defense, US Forest Service, and US Fish and Wildlife. The goal is to increase longleaf pine forests on public and private lands to 8 million acres by 2025. Click here to read more. ]]> 14164 0 0 0 https://landreport.com/2017/07/american-timberlands-acquires-2000-acre-wadmalaw-island-farm/ Mon, 17 Jul 2017 07:00:38 +0000 https://www.landreport.com/?p=14167 The South Carolina-based land investment firm paid $18.36 million ($9,180 per acre) for the Charleston County acreage belonging to the Walpole family. According to The Post and Courier, which first reported the story, the sale of the strategic parcel “amounts to one of the biggest real estate transactions for the rural area.” According to American Timberlands Company CEO Thomas Rowland there are no immediate plans to develop the property. “We are long-term land investors,” said Rowland. “Our strategy is high-end recreation. Right now, we plan to use it as a recreational property, a park for our investors and clients to use and entertain. We plan to hunt, fish, and build a new lodge there.” For more details on American Timberland's long-term investment strategies, read Corinne Garcia’s profile of American Timberland’s Carter Stilley Wetland and Stream Mitigation Bank in the Fall 2016 Land Report.]]> 14167 0 0 0 https://landreport.com/2017/07/weyerhaeuser-to-sell-last-of-holdings-outside-north-america/ Mon, 24 Jul 2017 08:38:29 +0000 https://www.landreport.com/?p=14177 In June, the timberland giant (WY) announced it will deaccession more than 300,000 acres of forests in Uruguay and sell them to an investment group led by a Brazilian financial firm for just over $400 million. The holdings represent the company’s last timber tracts outside of North America. Also included in the sale are a plywood and veneer manufacturing facility, a cogeneration facility, and a seedling nursery, all of which are located in Uruguay. “Our Uruguay business is a unique combination of high-quality timberlands, value-added manufacturing operations, and skilled and dedicated people, and this transaction will best position the business to reach its full potential,” said Weyerhaeuser CEO Doyle Simons. Closer to home, the Seattle-based real estate investment trust owns or controls more than 13 million acres in the US and manages additional forests in Canada under long-term licenses. Click here to read more. ]]> 14177 0 0 0 https://landreport.com/2017/07/the-battle-of-bois-darc-creek/ Wed, 26 Jul 2017 00:00:37 +0000 https://www.landreport.com/?p=14193 When Harold “Thump” Witcher (right) mows a hayfield, cleans a fencerow, or feeds his cattle, he works land he may soon lose – not to a bank or to a buyer but to a certain vision of progress.

  In order to “ensure continued economic growth” of the Dallas-Fort Worth region, water developers want to build a major reservoir on a diminutive creek that flows along the eastern boundary of Thump’s family lands. Thanks to their quasi-governmental status, they have every right to do so.

  If this dam is built, 16,641 acres of hardwood bottomland, upland forest, and excellent grazing and cropland, including all of Thump’s property, will be drowned beneath the waters of Lower Bois d’Arc Creek Reservoir.

  And the kicker? To satisfy federal environmental requirements, a yet undetermined acreage — likely more than 15,000 acres — will also be acquired, improved, and managed in an attempt to mitigate the loss of superb wildlife habitat that Thump and his neighbors lost.

  Compact and animated, Thump describes himself as a rancher. He does have a town job, working in sales for Crop Production Services in nearby Paris. As we drive the back roads around his property, he frequently stops his pickup to point out features, elevations, and the dimensions of the proposed dam. At some stops, he grabs a big Corps of Engineers map from the backseat of his pickup and lays it on the hood for reference.

  “If this thing comes to be, I will lose everything, every bit of real estate I’ve got, including my house,” he says. “My dad bought this land about 1960. And from the day he bought it, I’ve wanted to live on it.”

  The Witchers moved from Grayson County to Fannin County right after the Civil War, so Thump is about as native as they come in North Texas.

  In 2005, he was building his house when the reservoir issue came up. He says, “I decided that if they condemned my land, then, by God, they’d have to buy a house too.”

  At last count, North Texas Municipal Water District (NTMWD) has acquired approximately 85 percent of the land needed for construction of the Lower Bois d’Arc Creek Reservoir. That includes the 14,960-acre Riverby Ranch, downstream of the proposed reservoir site, to mitigate the loss of habitat.

  Holdouts like Thump, who’ve refused all offers and oppose the reservoir, could still have their farms and ranches taken via eminent domain. As a quasi-government agency, NTMWD can utilize eminent domain to acquire land for approved projects.
  Reservoir supporters, especially urban business interests, believe Dallas-Fort Worth’s economic needs provide a legal and even an ethical right to rural land that belongs to others.

  Like most Americans, North Texans in Dallas, Fort Worth, Arlington, and countless suburbs don’t pay anywhere near the market value of their H20. Because surface water is treated as a public resource — despite, in some cases, byzantine systems of junior and senior water rights — the citizens of Fannin County cannot claim the waters of Bois d’Arc Creek as their own. Some of the richest bottomland in the wetter parts of the Lone Star State have been inundated for the benefit of booming cities and suburbs in drier areas.

  Bois d’Arc Creek rises out of North Texas’s Blackland Prairie and flows northeast some 60 miles to the Oklahoma border and its confluence with the Red River. Intermittent in its upper reaches, the creek gains volume as it snakes through the Catalpa clay of Fannin County’s post oak savannah. By the time it runs under Highway 82, just east of Bonham, Bois d’Arc is a modest but reliable stream that has graven as indelibly into the memory and culture of the region as into its pastures and woodlands

  For a few miles, mostly through the southwestern reaches of the Bois d’Arc unit of Caddo National Grassland, the creek flows unnaturally straight. This is because it was channelized in the 1940s. After freshening by Coffee Mill Lake’s tailwater, the creek continues on to form the northern boundary of Fannin and Lamar Counties before nourishing the Red just northwest of Paris.

  Along a few short stretches, Bois d’Arc flows clear, over firm bottom rock. Mostly it flows the color of Fannin County clay. While the creek lacks the postcard beauty of the spring-fed streams of the Texas Hill County, it’s no less rich in history or ecological wealth.

  [caption id="attachment_14197" align="aligncenter" width="956"] LEFT: Although Bois d’Arc Creek lacks the postcard beauty of the spring-fed streams of the Texas Hill Country, it’s no less rich in history or ecological wealth. CENTER: Thump Witcher stands among his hardwoods. LEFT: Today, Bois d’Arc Creek beckons canoeists, anglers, and hunters just as it once welcomed Native Americans and pioneering settlers.[/caption]

  Hunters of the Natchitoches tribe — part of the Caddo Confederacy — considered the Bois d’Arc the best beaver stream on the Red River. They called it nahaucha, “the thick,” in reference to the heavy growth of bois d’arc trees along its banks. Prior to Anglo-Texan settlement and suppression of natural, cleansing wildfire, the post oak savannah was far more savannah than oak. From a distance, the sheltering ribbon of bois d’arc and other riparian growth beckoned settlers much as it had welcomed native peoples for millennia.

  While defending the Alamo, Davy Crockett may have regretted his restlessness as he fondly recalled humble Bois d’Arc Creek. On the road to martyrdom at San Antonio de Bexar, he’d stopped along “Bodark Bayou” and wrote of the richness of the country and the possibility of settling there.

  Pioneer Bailey Inglish also found the Bois d’Arc agreeable. Down from Arkansas with his wife, five children, and a few other families, he settled along the creek in March of 1836. But the Caddoes were not welcoming and expressed their displeasure vigorously and frequently enough that Inglish & Co. built a log stockade.

  During the Republic of Texas, Fort Inglish provided shelter and security to militia forces, including the Military Road expedition led by William Gordon Cooke in 1840. In 1843, Fort Inglish, now renamed Bois d’Arc in recognition of its sustaining creek, replaced Fort Warren as the seat of Fannin Country. In 1844, the growing town was renamed Bonham in honor of James Butler Bonham, who also died at the Alamo.
  Today, Bois d’Arc Creek reflects a much-altered post oak savannah region. Although its namesake tree remains abundant, the creek flows through savannah and pasture of mixed native and domestic grasses, and sustains hardwood bottomland broad enough to be called “woodland” or “forest.”

  Yet the hard-used Bois d’Arc bottomland has proven miraculously resilient. Given the slightest rest and care, it heals. Beaver, nearly eradicated by frontier trappers, are once again common along the creek, their handiwork apparent in nearly every stand of tender saplings. A stealthy canoeist can hear the slap of their broad tails, and perhaps glimpse one just before it disappears into the muddy depths.

  Wildlife photographer Russell Graves, who grew up hunting the Bois d’Arc bottomlands and fishing its deep holes for catfish, has documented river otters along the creek. As black bears, a threatened species in Texas, struggle to repopulate the post oak savannah and the pineywoods, increasingly rare hardwood bottomland, like that along Bois d’Arc Creek, will be crucial to their recovery. Texas has already lost around 70 percent of its hardwood bottomland to impoundments and other land alterations.

  As resilient as these bottomlands are, they will not survive inundation. The fertility — energy built up and stored over thousands of years — will be released into the reservoir to power an aquatic food chain that may, for a decade or two, provide good fishing and duck hunting before falling into decline.

  Likewise, construction of a new reservoir will, for a time, unleash economic energy that may power a local economy. What form this new economy will take and how the natural wealth will be redistributed remains to be seen. At the same time, a significant portion of the current economy and tax base built on ranching, logging, farming, and rural real estate will be drowned, as will the social capital of long-established culture and memory. Whether these changes amount to a net good depends on perspective.

  [caption id="attachment_14198" align="aligncenter" width="588"] Egrets rest along the creek. Intact wetlands such as the Bois d’Arc Creek corridor are increasingly rare throughout the southern United States.[/caption]

  “Whenever you change these woods, and change this area, you change the culture forever,” Graves says. “It’s not a sophisticated culture, but my heart and soul are here. In my opinion, the culture is just as irreplaceable as the forest and creek.”
  Yet water planners must plan. The population of fast-growing Dallas-Fort Worth is expected to double by 2070. Water use will increase dramatically. Elderly Dallas residents remember the 1954–56 “drought of record,” a time of unreliable tap water, when scalding water from an emergency 3,000-foot well saved the suburb of Garland from a dangerous shortage. No one charged with ensuring the state’s future water supply wants a shortage traced back to their watch.

  In response to the lengthy drought, the Legislature created the Texas Water Development Board (TWDB), and voters approved a constitutional amendment authorizing issuance of $200 million in bonds to fund water development. For its first 40 years, TWDB’s water planning was a top-down affair. Agencies took a broad view of water needs and proposed solutions, primarily reservoirs. In 1950, Texas had 66 major reservoirs. By 1998, there were 203.

  In 1997, after a yearlong drought, the 75th Legislature passed Senate Bill 1, which designated 16 regional groups to plan for the state’s water needs over the next 50 years. Plans are updated on a five-year basis and submitted to the board for approval and inclusion in the State Water Plan.

  In theory, this approach fosters grassroots water planning. Each regional group is composed of 23 members who are supposed to represent the region’s stakeholders: agriculture, business, water development, industry, environmental, and others. The goal is to ensure that needs are met and resources are protected. Critics contend that some of the planning groups are self-electing boards dominated by representatives of water and urban business interests with little regard for rural and environmental concerns.

  Consider Region C Water Planning Group, the body responsible for a 16-county area that includes Dallas, Fort Worth, and Bois d’Arc Creek. The current membership and voting privileges read like blatant cronyism to farmers and ranchers such as Thump Witcher, who may soon lose their land.

  Of the 22 voting members, only one entity, Broseco Ranch in Hopkins County, represents agricultural interests. No voting representative has a direct stake in Fannin County’s agricultural economy. The representative from Texas Parks & Wildlife Department, which classifies Bois d’Arc Creek as an Ecologically Significant Stream Segment, is a non-voting member. So, too, is the representative from the Texas Department of Agriculture. The majority of the other voting members, including NTMWD executive director Tom Kula, represent municipalities, river authorities, utilities, water districts, and development interests.

  Consider also the engineering analysis that forms the basis of the Region C water plan. It was performed by Freese and Nichols, the Fort Worth firm likely to receive the lion’s share of the reservoir-engineering contract. Freese and Nichols also designed, hosts, and maintains the Region C website.

  [caption id="attachment_14199" align="aligncenter" width="588"] Nearly wiped out by frontier trappers, the beaver (Castor canadensis) is now a common sight along Bois d’Arc Creek.[/caption]

  The entire length of Bois d’Arc Creek falls under the jurisdiction of the Region C Water Planning Group, which first recommended the Lower Bois d’Arc Creek Reservoir in its 2001 water plan. In 2003, a delegation of Fannin County business leaders approached NTMWD to press for construction of the reservoir. In 2005, Fannin County Commissioners Court passed a resolution supporting the project. The 2007, 2012, and 2017 State Water Plans included the project as part of a recommended strategy along with other proposed reservoirs and infrastructure projects.

  According to the 2017 State Water Plan, Region C currently has available about 1.7 million acre-feet of water per year. Given population and economic growth, the plan estimates the 2070 Region C needs at 2.9 million acre-feet per year. Lower Bois d’Arc Creek Reservoir would provide some 120,000 acre-feet per year toward that shortfall. That works out to be a paltry four percent.

  Some of the proposed sites, including Lower Bois d’Arc, are officially designated “unique reservoir sites.” Landowners are prohibited from modifying these locations in any way that could interfere with future reservoir construction. While typical farming activities won’t be affected, the designation could affect the market value of the land. Furthermore, landowners fearing eminent domain may be inclined to clear cut valuable timber to offset the risk of a low selling price.

  In 2006, NTMWD applied for a water rights permit for Lower Bois d’Arc Creek Reservoir. Texas Commission on Environmental Quality granted the permit in June 2015. Per the Clean Water Act, NTMWD also applied for Section 404 Environmental permit from the Army Corps of Engineers, and, in 2015, submitted a Draft Environmental Impact Statement (DEIS) for evaluation and comment by the Environmental Protection Agency and stakeholders. NTMWD had hoped to receive the Section 404 permit and begin construction in 2016.

  A coalition formed of Texas Conservation Alliance, Natural Resources Defense Council, Audubon Texas, Ward Timber Ltd., and Ward Timber Holdings found the DEIS inadequate and recommended the Corps deny the permit. Texas Parks & Wildlife Department and U.S. Fish & Wildlife Service, and more importantly, the EPA, agreed.

  “This was one of the weakest environmental assessments I’ve seen,” says Janice Bezanson, longtime executive director of Texas Conservation Alliance. “There are lower-cost alternatives to the huge impacts of inundating over 16,000 acres, some of which is prime agricultural land and wildlife habitat. The permit requires that if there are viable alternatives, they must be evaluated. According to the DEIS, there are none. That’s preposterous.”

  The Environmental Protection Agency concurred. Regarding alternative analysis, an evaluation submitted to the Corps’ Tulsa District Office on June 5, 2015, states, “[T]he Draft EIS does not study in detail a range of alternatives other than the project as proposed and the ‘no-action’ alternative.”

  [caption id="attachment_14200" align="aligncenter" width="482"] CLOCKWISE FROM UPPER LEFT: The red-headed woodpecker finds the rich mix of farmland and hardwood bottomland in the Bois d’Arc drainage ideal habitat. Likewise, the mallard, great blue heron, and sparrow thrive in the healthy bottomland nourished by the creek.[/caption]

  Chief among those possible alternatives is use of extra available water from Lake Texoma. Although the salinity of untreated Texoma water exceeds the allowable level for drinking water, possible solutions include dilution by mixing with less-saline water from other current sources and partial desalination by a membrane reverse osmosis system. The DEIS dismisses these options as impractical or unfeasible with little or no supporting analysis.

  Other shortcomings include lack of assessment of numerous wetland functions, insufficient attention to the Migratory Bird Treaty Act, and an inadequate mitigation plan. The Corps agreed. A new DEIS is tentatively scheduled for release in September 2017. Stakes are high. Wrangling will continue.

  Urban business interests, water developers, and politicians make a utilitarian case for eminent domain. Their accounting involves population growth, economic growth, and of course, jobs. Planners estimate that failure to add to current water capacity could cost the region 373,000 jobs and $34 billion in 2070. They assure us that while they feel for the rural landowners, we must face reality and look to the future. The landowners will be fairly compensated, or at least compensated per the terms of eminent domain. Furthermore, tourists, new residents, and businesses drawn by the new reservoir will make up for agricultural losses and the tens of thousands of acres taken from the local tax roll.

  To its credit, NTMWD plans to cover the estimated $1 billion cost of the Lower Bois d’Arc Creek Reservoir from its own revenues and has pledged to compensate taxing authorities that lose revenue due to reservoir construction until reservoir-related development balances lost agricultural property tax revenue.

  There can be no doubt about the profit potential of the reservoir. Lower Bois d’Arc will be the first of its kind in Texas — zoned before construction begins and perhaps even before all permits are acquired. The 82nd Texas Legislature passed Senate Bill 525, giving Fannin County zoning authority within 5,000 feet of the shoreline of the reservoir at full capacity. Fannin County Judge Creta “Spanky” Carter chairs the zoning commission.

  “Overall, the local business community has been very supportive of the project,” says Spanky. “There’s a small group there that opposes the project, and I certainly understand. They’ve been out there forever, their families have been out there, and they don’t want to sell their land. But most people know that over the long haul, the reservoir will be a positive asset for Fannin County.”

  More specifically, NTMWD estimates that construction of the reservoir, pump station, water treatment facility, and 35 miles of pipeline will add $509 million into the Fannin County economy, and that the completed project will increase property tax revenue by $316 million.

  [caption id="attachment_14201" align="aligncenter" width="588"] Texas Parks & Wildlife biologists have long fretted about the river otter, which only recently returned to Bois d’Arc Creek.[/caption]

  Perhaps. Yet Region C already has 24 reservoirs. All 24 compete for lake-related recreation dollars. How many boaters and anglers will forgo large, nearby reservoirs for a relatively small, shallow impoundment in Fannin County?

  Consider 19,305-acre Jim Chapman Lake (formerly Cooper Lake), which can be found on the South Sulphur River in Delta and Hopkins Counties. Completed in 1991, Chapman Lake provides water storage for the same water district that includes Bois d’Arc Creek. Yet, despite the popularity of Cooper Lake State Park, the little town of Cooper just north of the lake has seen a steady decline in population since 2000. The median household income of $26,643 hardly reflects a boom. Like the water pumped out of Chapman Lake, nearly all of the wealth flows west to Dallas’s suburbs.

  NTMWD hopes to receive its environmental permit in early 2018 and has vowed to start work on the reservoir the very next day. In the meantime, Thump Witcher and his neighbors are girding for the next round. “They came in here and told people that this thing is a done deal, that it can’t be stopped,” he says. “Told them that if they wait until the end, they’ll get less money. Scared a bunch of people. Not me. They hate my guts.”

  ]]> 14193 0 0 0 Under the guise of progress, eminent domain rears its ugly head yet again.]]> When Harold \u201cThump\u201d Witcher (right) mows a hayfield, cleans a fencerow, or feeds his cattle, he works land he may soon lose \u2013 not to a bank or to a buyer but to a certain vision of progress.<\/p>

  In order to \u201censure continued economic growth\u201d of the Dallas-Fort Worth region, water developers want to build a major reservoir on a diminutive creek that flows along the eastern boundary of Thump\u2019s family lands. Thanks to their quasi-governmental status, they have every right to do so.<\/p>

  If this dam is built, 16,641 acres of hardwood bottomland, upland forest, and excellent grazing and cropland, including all of Thump\u2019s property, will be drowned beneath the waters of Lower Bois d\u2019Arc Creek Reservoir.<\/p>

  And the kicker? To satisfy federal environmental requirements, a yet undetermined acreage \u2014 likely more than 15,000 acres \u2014 will also be acquired, improved, and managed in an attempt to mitigate the loss of superb wildlife habitat that Thump and his neighbors lost.<\/p>

  Compact and animated, Thump describes himself as a rancher. He does have a town job, working in sales for Crop Production Services in nearby Paris. As we drive the back roads around his property, he frequently stops his pickup to point out features, elevations, and the dimensions of the proposed dam. At some stops, he grabs a big Corps of Engineers map from the backseat of his pickup and lays it on the hood for reference.<\/p>

  \u201cIf this thing comes to be, I will lose everything, every bit of real estate I\u2019ve got, including my house,\u201d he says. \u201cMy dad bought this land about 1960. And from the day he bought it, I\u2019ve wanted to live on it.\u201d<\/p>

  The Witchers moved from Grayson County to Fannin County right after the Civil War, so Thump is about as native as they come in North Texas.<\/p>

  In 2005, he was building his house when the reservoir issue came up. He says, \u201cI decided that if they condemned my land, then, by God, they\u2019d have to buy a house too.\u201d<\/p>

  At last count, North Texas Municipal Water District (NTMWD) has acquired approximately 85 percent of the land needed for construction of the Lower Bois d\u2019Arc Creek Reservoir. That includes the 14,960-acre Riverby Ranch, downstream of the proposed reservoir site, to mitigate the loss of habitat.<\/p>

  Holdouts like Thump, who\u2019ve refused all offers and oppose the reservoir, could still have their farms and ranches taken via eminent domain. As a quasi-government agency, NTMWD can utilize eminent domain to acquire land for approved projects.
  Reservoir supporters, especially urban business interests, believe Dallas-Fort Worth\u2019s economic needs provide a legal and even an ethical right to rural land that belongs to others.<\/p>

  Like most Americans, North Texans in Dallas, Fort Worth, Arlington, and countless suburbs don\u2019t pay anywhere near the market value of their H20. Because surface water is treated as a public resource \u2014 despite, in some cases, byzantine systems of junior and senior water rights \u2014 the citizens of Fannin County cannot claim the waters of Bois d\u2019Arc Creek as their own. Some of the richest bottomland in the wetter parts of the Lone Star State have been inundated for the benefit of booming cities and suburbs in drier areas.<\/p>

  Bois d\u2019Arc Creek rises out of North Texas\u2019s Blackland Prairie and flows northeast some 60 miles to the Oklahoma border and its confluence with the Red River. Intermittent in its upper reaches, the creek gains volume as it snakes through the Catalpa clay of Fannin County\u2019s post oak savannah. By the time it runs under Highway 82, just east of Bonham, Bois d\u2019Arc is a modest but reliable stream that has graven as indelibly into the memory and culture of the region as into its pastures and woodlands<\/p>

  For a few miles, mostly through the southwestern reaches of the Bois d\u2019Arc unit of Caddo National Grassland, the creek flows unnaturally straight. This is because it was channelized in the 1940s. After freshening by Coffee Mill Lake\u2019s tailwater, the creek continues on to form the northern boundary of Fannin and Lamar Counties before nourishing the Red just northwest of Paris.<\/p>

  Along a few short stretches, Bois d\u2019Arc flows clear, over firm bottom rock. Mostly it flows the color of Fannin County clay. While the creek lacks the postcard beauty of the spring-fed streams of the Texas Hill County, it\u2019s no less rich in history or ecological wealth.<\/p>[caption id=\"attachment_14197\" align=\"aligncenter\" width=\"956\"]<\/a> LEFT: Although Bois d\u2019Arc Creek lacks the postcard beauty of the spring-fed streams of the Texas Hill Country, it\u2019s no less rich in history or ecological wealth. CENTER: Thump Witcher stands among his hardwoods. LEFT: Today, Bois d\u2019Arc Creek beckons canoeists, anglers, and hunters just as it once welcomed Native Americans and pioneering settlers.<\/em>[\/caption]

  Hunters of the Natchitoches tribe \u2014 part of the Caddo Confederacy \u2014 considered the Bois d\u2019Arc the best beaver stream on the Red River. They called it nahaucha, \u201cthe thick,\u201d in reference to the heavy growth of bois d\u2019arc trees along its banks. Prior to Anglo-Texan settlement and suppression of natural, cleansing wildfire, the post oak savannah was far more savannah than oak. From a distance, the sheltering ribbon of bois d\u2019arc and other riparian growth beckoned settlers much as it had welcomed native peoples for millennia.<\/p>

  While defending the Alamo, Davy Crockett may have regretted his restlessness as he fondly recalled humble Bois d\u2019Arc Creek. On the road to martyrdom at San Antonio de Bexar, he\u2019d stopped along \u201cBodark Bayou\u201d and wrote of the richness of the country and the possibility of settling there.<\/p>

  Pioneer Bailey Inglish also found the Bois d\u2019Arc agreeable. Down from Arkansas with his wife, five children, and a few other families, he settled along the creek in March of 1836. But the Caddoes were not welcoming and expressed their displeasure vigorously and frequently enough that Inglish & Co. built a log stockade.<\/p>

  During the Republic of Texas, Fort Inglish provided shelter and security to militia forces, including the Military Road expedition led by William Gordon Cooke in 1840. In 1843, Fort Inglish, now renamed Bois d\u2019Arc in recognition of its sustaining creek, replaced Fort Warren as the seat of Fannin Country. In 1844, the growing town was renamed Bonham in honor of James Butler Bonham, who also died at the Alamo.
  Today, Bois d\u2019Arc Creek reflects a much-altered post oak savannah region. Although its namesake tree remains abundant, the creek flows through savannah and pasture of mixed native and domestic grasses, and sustains hardwood bottomland broad enough to be called \u201cwoodland\u201d or \u201cforest.\u201d<\/p>

  Yet the hard-used Bois d\u2019Arc bottomland has proven miraculously resilient. Given the slightest rest and care, it heals. Beaver, nearly eradicated by frontier trappers, are once again common along the creek, their handiwork apparent in nearly every stand of tender saplings. A stealthy canoeist can hear the slap of their broad tails, and perhaps glimpse one just before it disappears into the muddy depths.<\/p>

  Wildlife photographer Russell Graves, who grew up hunting the Bois d\u2019Arc bottomlands and fishing its deep holes for catfish, has documented river otters along the creek. As black bears, a threatened species in Texas, struggle to repopulate the post oak savannah and the pineywoods, increasingly rare hardwood bottomland, like that along Bois d\u2019Arc Creek, will be crucial to their recovery. Texas has already lost around 70 percent of its hardwood bottomland to impoundments and other land alterations.<\/p>

  As resilient as these bottomlands are, they will not survive inundation. The fertility \u2014 energy built up and stored over thousands of years \u2014 will be released into the reservoir to power an aquatic food chain that may, for a decade or two, provide good fishing and duck hunting before falling into decline.<\/p>

  Likewise, construction of a new reservoir will, for a time, unleash economic energy that may power a local economy. What form this new economy will take and how the natural wealth will be redistributed remains to be seen. At the same time, a significant portion of the current economy and tax base built on ranching, logging, farming, and rural real estate will be drowned, as will the social capital of long-established culture and memory. Whether these changes amount to a net good depends on perspective.<\/p>[caption id=\"attachment_14198\" align=\"aligncenter\" width=\"588\"]<\/a> Egrets rest along the creek. Intact wetlands such as the Bois d\u2019Arc Creek corridor are increasingly rare throughout the southern United States.<\/em>[\/caption]

  \u201cWhenever you change these woods, and change this area, you change the culture forever,\u201d Graves says. \u201cIt\u2019s not a sophisticated culture, but my heart and soul are here. In my opinion, the culture is just as irreplaceable as the forest and creek.\u201d
  Yet water planners must plan. The population of fast-growing Dallas-Fort Worth is expected to double by 2070. Water use will increase dramatically. Elderly Dallas residents remember the 1954\u201356 \u201cdrought of record,\u201d a time of unreliable tap water, when scalding water from an emergency 3,000-foot well saved the suburb of Garland from a dangerous shortage. No one charged with ensuring the state\u2019s future water supply wants a shortage traced back to their watch.<\/p>

  In response to the lengthy drought, the Legislature created the Texas Water Development Board (TWDB), and voters approved a constitutional amendment authorizing issuance of $200 million in bonds to fund water development. For its first 40 years, TWDB\u2019s water planning was a top-down affair. Agencies took a broad view of water needs and proposed solutions, primarily reservoirs. In 1950, Texas had 66 major reservoirs. By 1998, there were 203.<\/p>

  In 1997, after a yearlong drought, the 75th Legislature passed Senate Bill 1, which designated 16 regional groups to plan for the state\u2019s water needs over the next 50 years. Plans are updated on a five-year basis and submitted to the board for approval and inclusion in the State Water Plan.<\/p>

  In theory, this approach fosters grassroots water planning. Each regional group is composed of 23 members who are supposed to represent the region\u2019s stakeholders: agriculture, business, water development, industry, environmental, and others. The goal is to ensure that needs are met and resources are protected. Critics contend that some of the planning groups are self-electing boards dominated by representatives of water and urban business interests with little regard for rural and environmental concerns.<\/p>

  Consider Region C Water Planning Group, the body responsible for a 16-county area that includes Dallas, Fort Worth, and Bois d\u2019Arc Creek. The current membership and voting privileges read like blatant cronyism to farmers and ranchers such as Thump Witcher, who may soon lose their land.<\/p>

  Of the 22 voting members, only one entity, Broseco Ranch in Hopkins County, represents agricultural interests. No voting representative has a direct stake in Fannin County\u2019s agricultural economy. The representative from Texas Parks & Wildlife Department, which classifies Bois d\u2019Arc Creek as an Ecologically Significant Stream Segment, is a non-voting member. So, too, is the representative from the Texas Department of Agriculture. The majority of the other voting members, including NTMWD executive director Tom Kula, represent municipalities, river authorities, utilities, water districts, and development interests.<\/p>

  Consider also the engineering analysis that forms the basis of the Region C water plan. It was performed by Freese and Nichols, the Fort Worth firm likely to receive the lion\u2019s share of the reservoir-engineering contract. Freese and Nichols also designed, hosts, and maintains the Region C website.<\/p>[caption id=\"attachment_14199\" align=\"aligncenter\" width=\"588\"]<\/a> Nearly wiped out by frontier trappers, the beaver (Castor canadensis) is now a common sight along Bois d\u2019Arc Creek.<\/em>[\/caption]

  The entire length of Bois d\u2019Arc Creek falls under the jurisdiction of the Region C Water Planning Group, which first recommended the Lower Bois d\u2019Arc Creek Reservoir in its 2001 water plan. In 2003, a delegation of Fannin County business leaders approached NTMWD to press for construction of the reservoir. In 2005, Fannin County Commissioners Court passed a resolution supporting the project. The 2007, 2012, and 2017 State Water Plans included the project as part of a recommended strategy along with other proposed reservoirs and infrastructure projects.<\/p>

  According to the 2017 State Water Plan, Region C currently has available about 1.7 million acre-feet of water per year. Given population and economic growth, the plan estimates the 2070 Region C needs at 2.9 million acre-feet per year. Lower Bois d\u2019Arc Creek Reservoir would provide some 120,000 acre-feet per year toward that shortfall. That works out to be a paltry four percent.<\/p>

  Some of the proposed sites, including Lower Bois d\u2019Arc, are officially designated \u201cunique reservoir sites.\u201d Landowners are prohibited from modifying these locations in any way that could interfere with future reservoir construction. While typical farming activities won\u2019t be affected, the designation could affect the market value of the land. Furthermore, landowners fearing eminent domain may be inclined to clear cut valuable timber to offset the risk of a low selling price.<\/p>

  In 2006, NTMWD applied for a water rights permit for Lower Bois d\u2019Arc Creek Reservoir. Texas Commission on Environmental Quality granted the permit in June 2015. Per the Clean Water Act, NTMWD also applied for Section 404 Environmental permit from the Army Corps of Engineers, and, in 2015, submitted a Draft Environmental Impact Statement (DEIS) for evaluation and comment by the Environmental Protection Agency and stakeholders. NTMWD had hoped to receive the Section 404 permit and begin construction in 2016.<\/p>

  A coalition formed of Texas Conservation Alliance, Natural Resources Defense Council, Audubon Texas, Ward Timber Ltd., and Ward Timber Holdings found the DEIS inadequate and recommended the Corps deny the permit. Texas Parks & Wildlife Department and U.S. Fish & Wildlife Service, and more importantly, the EPA, agreed.<\/p>

  \u201cThis was one of the weakest environmental assessments I\u2019ve seen,\u201d says Janice Bezanson, longtime executive director of Texas Conservation Alliance. \u201cThere are lower-cost alternatives to the huge impacts of inundating over 16,000 acres, some of which is prime agricultural land and wildlife habitat. The permit requires that if there are viable alternatives, they must be evaluated. According to the DEIS, there are none. That\u2019s preposterous.\u201d<\/p>

  The Environmental Protection Agency concurred. Regarding alternative analysis, an evaluation submitted to the Corps\u2019 Tulsa District Office on June 5, 2015, states, \u201c[T]he Draft EIS does not study in detail a range of alternatives other than the project as proposed and the \u2018no-action\u2019 alternative.\u201d<\/p>[caption id=\"attachment_14200\" align=\"aligncenter\" width=\"482\"]<\/a> CLOCKWISE FROM UPPER LEFT: The red-headed woodpecker finds the rich mix of farmland and hardwood bottomland in the Bois d\u2019Arc drainage ideal habitat. Likewise, the mallard, great blue heron, and sparrow thrive in the healthy bottomland nourished by the creek.<\/em>[\/caption]

  Chief among those possible alternatives is use of extra available water from Lake Texoma. Although the salinity of untreated Texoma water exceeds the allowable level for drinking water, possible solutions include dilution by mixing with less-saline water from other current sources and partial desalination by a membrane reverse osmosis system. The DEIS dismisses these options as impractical or unfeasible with little or no supporting analysis.<\/p>

  Other shortcomings include lack of assessment of numerous wetland functions, insufficient attention to the Migratory Bird Treaty Act, and an inadequate mitigation plan. The Corps agreed. A new DEIS is tentatively scheduled for release in September 2017. Stakes are high. Wrangling will continue.<\/p>

  Urban business interests, water developers, and politicians make a utilitarian case for eminent domain. Their accounting involves population growth, economic growth, and of course, jobs. Planners estimate that failure to add to current water capacity could cost the region 373,000 jobs and $34 billion in 2070. They assure us that while they feel for the rural landowners, we must face reality and look to the future. The landowners will be fairly compensated, or at least compensated per the terms of eminent domain. Furthermore, tourists, new residents, and businesses drawn by the new reservoir will make up for agricultural losses and the tens of thousands of acres taken from the local tax roll.<\/p>

  To its credit, NTMWD plans to cover the estimated $1 billion cost of the Lower Bois d\u2019Arc Creek Reservoir from its own revenues and has pledged to compensate taxing authorities that lose revenue due to reservoir construction until reservoir-related development balances lost agricultural property tax revenue.<\/p>

  There can be no doubt about the profit potential of the reservoir. Lower Bois d\u2019Arc will be the first of its kind in Texas \u2014 zoned before construction begins and perhaps even before all permits are acquired. The 82nd Texas Legislature passed Senate Bill 525, giving Fannin County zoning authority within 5,000 feet of the shoreline of the reservoir at full capacity. Fannin County Judge Creta \u201cSpanky\u201d Carter chairs the zoning commission.<\/p>

  \u201cOverall, the local business community has been very supportive of the project,\u201d says Spanky. \u201cThere\u2019s a small group there that opposes the project, and I certainly understand. They\u2019ve been out there forever, their families have been out there, and they don\u2019t want to sell their land. But most people know that over the long haul, the reservoir will be a positive asset for Fannin County.\u201d<\/p>

  More specifically, NTMWD estimates that construction of the reservoir, pump station, water treatment facility, and 35 miles of pipeline will add $509 million into the Fannin County economy, and that the completed project will increase property tax revenue by $316 million.<\/p>[caption id=\"attachment_14201\" align=\"aligncenter\" width=\"588\"]<\/a> Texas Parks & Wildlife biologists have long fretted about the river otter, which only recently returned to Bois d\u2019Arc Creek.<\/em>[\/caption]

  Perhaps. Yet Region C already has 24 reservoirs. All 24 compete for lake-related recreation dollars. How many boaters and anglers will forgo large, nearby reservoirs for a relatively small, shallow impoundment in Fannin County?<\/p>

  Consider 19,305-acre Jim Chapman Lake (formerly Cooper Lake), which can be found on the South Sulphur River in Delta and Hopkins Counties. Completed in 1991, Chapman Lake provides water storage for the same water district that includes Bois d\u2019Arc Creek. Yet, despite the popularity of Cooper Lake State Park, the little town of Cooper just north of the lake has seen a steady decline in population since 2000. The median household income of $26,643 hardly reflects a boom. Like the water pumped out of Chapman Lake, nearly all of the wealth flows west to Dallas\u2019s suburbs.<\/p>

  NTMWD hopes to receive its environmental permit in early 2018 and has vowed to start work on the reservoir the very next day. In the meantime, Thump Witcher and his neighbors are girding for the next round. \u201cThey came in here and told people that this thing is a done deal, that it can\u2019t be stopped,\u201d he says. \u201cTold them that if they wait until the end, they\u2019ll get less money. Scared a bunch of people. Not me. They hate my guts.\u201d <\/span><\/span><\/p>","drop_cap":"yes","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"3ec8dfd"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2017/07/land-report-july-2017-newsletter/ Sat, 15 Jul 2017 07:00:15 +0000 https://www.landreport.com/?p=14210 This month's page-one story? The EPA has determined that there was no misconduct involved in 2015's Gold King Mine spill. This news comes on the heels of the announcement by the agency that it was not legally able to pay compensation for any of the $1.2 billion in claims that were brought in connection with the massive wastewater spill. Balance those two determinations with the upcoming trial of John Duarte, which is chronicled on the second page of this month's newsletter. The California landowner has been fined $2.8 million for failing to apply for the necessary permits from the Army Corps of Engineers and the California Central Valley Regional Water Quality Control Board. Other updates in this month’s newsletter include:

  • Yellowstone Preserve goes to auction on August 17.
  • Navajo Nation to buy 16,379 acres of Colorado's Wolf Springs Ranch.
  • Hall and Hall's Auction Chief, Scott Shuman, has been dubbed president of the National Auctioneers Association.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 14210 0 0 0 https://landreport.com/2017/08/inspector-general-clears-epa-in-gold-king-mine-spill/ Tue, 01 Aug 2017 07:00:48 +0000 https://www.landreport.com/?p=14213

  Agency finds no misconduct in three-million-gallon spill.

  The Office of the Inspector General (OIG) of the Environmental Protection Agency (EPA) concluded no wrongdoing was associated with an EPA-led team that triggered the Gold King Mine spill and sent three million gallons of toxic wastewater into the Animas River watershed in August 2015. The toxic plume stained its way from Southern Colorado through the Navajo Nation in New Mexico and into Utah where traces were deposited in Lake Powell. Since the agency had no rules in place for dealing with conditions encountered at the mine, the contractor employed by the agency was not required to conduct pressure testing. In addition, the EPA previously concluded it couldn’t legally pay any of the $1.2 billion in compensation sought by claimants. Prior to the spill, the Gold King Mine was leaking approximately 200 gallons of toxic wastewater per minute. This nonstop leak generated the same amount of toxic spillage as the Gold King Mine spill — three million gallons — every 10 days.]]> 14213 0 0 0 https://landreport.com/2017/08/on-the-block-1580-acre-yellowstone-preserve-in-montana/ Mon, 07 Aug 2017 07:00:24 +0000 https://www.landreport.com/?p=14218 Concierge Auctions will auction the eight-ranch property, including infrastructure and a caretaker’s residence, on August 31. Located in Southwestern Montana in Big Sky, the 1,580-acre tract is bordered by the Gallatin River to the north and the Gallatin National Forest to the south and features dramatic views of the Spanish Peaks, Pioneer Mountain, and Lone Mountain. In addition to its proximity to Big Sky Town Center, Moonlight Basin, Spanish Peaks Mountain Club, and the Yellowstone Club, the Yellowstone Preserve is a short drive to Yellowstone National Park. Click here to read more. ]]> 14218 0 0 0 https://landreport.com/2017/08/the-land-report-summer-2017/ Tue, 01 Aug 2017 07:00:18 +0000 https://www.landreport.com/?p=14221 Congratulations to our 2017 Legacy Landowner, Ted Turner. Learn more about the celebrated steward and conservationist in our in-depth profile, which features insights and anecdotes from Ted's friends Tom Brokaw, Taylor Glover, John Malone, T. Boone Pickens, and more. Also in our summer issue, more than 150 of the country's leading land specialists are honored as America's Best Brokerages and Top Auction Houses. This all-star lineup features "The Best of the Best" in every region of the country. Other great reads in include:
  • Events: Tom Brokaw honored by Park Cities Quail
  • Market Report: The Wellington Land Report from Atlantic Western
  • Tenth Anniversary Throwback: Going to Carmel with Clint Eastwood
  ]]> 14221 0 0 0 https://landreport.com/2017/08/wheat-farmer-ordered-to-pay-2-8-million/ Mon, 14 Aug 2017 07:00:18 +0000 https://www.landreport.com/?p=14232 USA Today reports that a Northern California farmer received a multimillion-dollar fine for failing to apply for the necessary permit to plow and plant. “The case is the first time that we’re aware of that says you need to get a [Army Corps of Engineers] permit to plow to grow crops,” said Anthony Francois of the Pacific Legal Foundation. Francois added, “We’re not going to produce much food under those kinds of regulations.” At issue is 450 acres purchased by John Duarte in 2012. The farmer planned to grow wheat, but the Army Corps of Engineers and the California Central Valley Regional Water Quality Control Board claimed Duarte violated the Clean Water Act by not obtaining a permit to discharge dredged or fill material into seasonal wetlands considered waters of the United States. An August trial date is scheduled. Click here to read more. ]]> 14232 0 0 0 https://landreport.com/2017/08/land-report-august-2017-newsletter/ Mon, 14 Aug 2017 07:00:01 +0000 https://www.landreport.com/?p=14236 BREAKING NEWS! COLORADO'S CIELO VISTA RANCH SELLS. The 83,368-acre contiguous tract originally listed for $105 million with Jeff Hubbard and Pat Lancaster of Mirr Ranch Group. More details in our August newsletter, which also features four other standout properties:
  • Colorado's Nottingham Ranch, which just came to market for $100 million
  • 4,055 acres surrounding one of Florida's most popular freshwater fishing lakes
  • 45,850 acres of Southeastern timberlands spread across four states
  • The 44-acre saltwater farm that belonged to E.B. and Katharine White
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 14236 0 0 0 https://landreport.com/2017/08/legal-eagles-take-sides-in-wyoming-boundary-dispute/ Mon, 21 Aug 2017 07:00:08 +0000 https://www.landreport.com/?p=14243 Established in 1868, Wyoming’s Wind River Indian Reservation ranks as one of the largest reservations in the Lower 48 with more than 2.2 million acres. But a 1905 decision to cede portions of the reservation to settlers has emerged at the center of a contentious court battle involving the Shoshone and Arapaho tribes versus the State of Wyoming. The Eastern Shoshone have enlisted former Obama Interior Secretary Ken Salazar and former Clinton Solicitor General Seth Waxman, and the Northern Arapaho have retained the services of former Bush Solicitor General Paul Clement. According to the Eastern Shoshone's brief, Congress allowed the sale of some of the reservation lands, but it didn’t express a clear intent to reduce the overall size of the Wind River reservation.]]> 14243 0 0 0 https://landreport.com/2017/08/sold-colorados-cielo-vista-ranch/ Wed, 23 Aug 2017 08:00:50 +0000 https://www.landreport.com/?p=14247

  83,368-acre Sangre de Cristo giant includes coveted 14,000er.

  One of the most significant ranch properties in the American West changed hands last week. Listing Broker Jeff Hubbard of Mirr Ranch Group confirmed that Cielo Vista Ranch has sold. Neither the buyer nor any financial details were disclosed. Originally listed for $105 million, the 130-square-mile property rises from the San Luis Valley to the crest of the Sangre de Cristo Mountains and includes Culebra Peak (14,053 feet) and 18 summits above 13,000 feet. According to Hubbard, “The profile of the buyer is absolutely ideal. He is one who is a true conservationist and is deeply committed to preserving this national treasure and extraordinary resource." The sale closes the listing, which went up in 2015. And, according to The Land Report editor Eric O’Keefe, it is “without question…the largest U.S. ranch sale” this year.]]> 14247 0 0 0 https://landreport.com/2017/08/navajo-nation-to-buy-wolf-springs-ranch/ Tue, 29 Aug 2017 07:00:51 +0000 https://www.landreport.com/?p=14258 According to the Associated Press, Navajo Nation lawmakers have given the go-ahead for the $23 million purchase of 16,379 acres situated in the 55,486-acre Central Colorado property, which is listed with Ranch Marketing Associates and M4 Ranch Group for $49 million. Grazing, development, and cultural uses are among the planned uses by the Navajos. Located on the eastern slope of the Sangre de Cristos, Wolf Springs is owned by Aussie products founder Tom Redmond. According to the Ranch Marketing Associates website, the hair care entrepreneur spent years assembling the holding via public land swaps and private purchases. Wolf Springs Ranch was originally listed in 2014 for $54.7 million.]]> 14258 0 0 0 https://landreport.com/2017/08/cropland-values-hold-steady-nationwide/ Wed, 30 Aug 2017 07:00:58 +0000 https://www.landreport.com/?p=14283 The Department of Agriculture’s National Agricultural Statistics Service announced that from 2016 to 2017, US cropland values remained constant at $4,090 per acre. Top gainers included Texas and Oklahoma, which saw increases of 6.3 and 6.1 percent, respectively. Kansas cropland values ranked as the biggest loser, dropping 6.2 percent. The data was reported in the service’s annual summary of agricultural land values. Since 2003, cropland values nationwide have risen almost 2.5X, from $1,660 per acre to the current level of $4,090 per acre. Metrics for other agricultural land uses were as follows: Pastureland nationwide moved up $20 to $1,350 per acre; and farm real estate value, including land and buildings, moved up 2.3 percent from 2016 to $3,080 per acre.]]> 14283 0 0 0 https://landreport.com/2017/09/charlottes-web-farm-on-market-for-first-time-in-30-years/ Tue, 05 Sep 2017 07:00:49 +0000 https://www.landreport.com/?p=14301 Yankee Magazine reports that E.B. White’s 44-acre saltwater farm on the Maine coast has been listed for $3.7 million by Martha Dischinger at Downeast Properties. E.B. and Katharine White bought the farm, which sits on a small inlet off Blue Hill Bay, in 1933. The couple was a literary tandem: he, the author of classics such as Stuart Little and Charlotte’s Web; she, an editor at The New Yorker. Many of the scenes and props from Charlotte’s Web can be found on the farm, which has had one owner since E.B.’s death in 1985.]]> 14301 0 0 0 https://landreport.com/2017/09/major-players-move-market/ Wed, 13 Sep 2017 07:00:35 +0000 https://www.landreport.com/?p=14313 TIGHT SQUEEZE. The sale of several landmark properties means fewer training and stabling opportunities for Palm Beach polo players. [Photo credit: David Lominska][/caption]

  Fewer transactions involving much larger parcels lead to a 10 percent price per acre reduction in West Palm Beach County.

  The twelfth edition of Atlantic Western Realty Corporation’s biennial Wellington Land Report features an incisive look at the epicenter of South Florida’s equestrian real estate market. Since 2015, more than 100 equestrian properties have changed hands in the Wellington market. While the overall number of sales fell by 30 percent, the total acreage jumped by 30 percent to a record 1,033 acres. Sales volume also hit a new high: $480 million. Although the banner tally shows market vitality, it also demonstrates a noticeable volume discount. The average price per acre sold from 2015 to 2017 was $465,000, a 10 percent drop from the record high of $515,000. According to Brad Scherer at Atlantic Western, “We currently see a larger supply of listing inventory, slowing transactional volume, and increasing buyer discretion.” To Scherer’s point, there were 120 major Wellington equestrian properties representing 1,380 acres on the market when his report went to press. The total asking price of this inventory exceeded $870 million, which works out to approximately $632,400 per acre. Those MLS listings suggest a 25 percent bid-ask spread premium over recent sales. This is almost twice the bid-ask spread premium reported in 2015. Go to www.atlantic-western.com to get the Wellington Land Report as well as for market updates.]]> 14313 0 0 0 https://landreport.com/2017/09/molpus-woodlands-four-state-timberland-offering/ Mon, 18 Sep 2017 07:00:38 +0000 https://www.landreport.com/?p=14319 On July 24, Jackson-based Molpus announced that it will market 45,850 acres of investment-grade timber properties in the Southeast on behalf of a client. The timberlands include 15,300 acres in North Carolina, 4,850 acres in Georgia, 12,300 acres in Alabama, and 13,400 acres in Mississippi, and are available as a single purchase or in smaller packages. “This offering has broad appeal as it allows a buyer to continue to manage the timberlands or to pursue attractive conservation and development opportunities,” said Molpus President Bob Lyle. For more information, contact Mark Power at (601) 948-8733 ext. 339 or mpower@molpus.com. ]]> 14319 0 0 0 https://landreport.com/2017/09/land-report-september-2017-newsletter/ Fri, 15 Sep 2017 07:00:18 +0000 https://www.landreport.com/?p=14323 TED TURNER HONORED AS 2017 LEGACY LANDOWNER. The Magazine of the American Landowner singles out the iconic steward of 2-plus million acres in the US and Argentina with the cover story of the summer issue. Other great reads include:
  • Molokai Ranch comes to market for $260 million
  • Cross Mountain Ranch comes to market for $100 million
  • Tres Hermanos Ranch sells for $41.6 million
  • 284-acre estate sells for $7.7 million on Boston's North Shore
  • Bayer AG joins the fight against citrus greening in Florida
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 14323 0 0 0 https://landreport.com/2017/09/downward-trend-in-corn-belt-land-values-comes-to-a-halt/ Wed, 20 Sep 2017 07:00:24 +0000 https://www.landreport.com/?p=14327 Farmland values in the Seventh Federal Reserve District remained steady in the first quarter of 2017, a welcome development that ended a two-year slide in land values in the Midwest. As the chart below demonstrates, this newfound stability applied to both the previous quarter as well as to the change in dollar value from the same quarter in 2016. – The Editors NATIONAL — TREND Nearly 90 percent of agricultural lenders nationwide have seen an overall decline in farm profitability over the last 12 months, according to a survey by the American Bankers Association and the Federal Agricultural Mortgage Corporation. Lower commodity prices for staples such as corn, soybeans, and beef are part of the problem. So too are brutal farmland conditions, especially in North Dakota, where severe or extreme drought conditions are hammering much of the state. MIDWEST — FOCUS Of the 198 bankers in the Seventh District who responded to the Chicago Fed’s survey, a majority predicted farmland values would continue to remain stable throughout 2017. According to Senior Business Economist David Oppedahl, this marks “a shift from the sentiment that farmland values would continue to decline held widely a year earlier.” On the downside, repayment rates for non-real-estate farm loans fell compared with 2016. Go to www.ChicagoFed.org to download a complete copy of the Seventh Federal Reserve District’s AgLetter.]]> 14327 0 0 0 https://landreport.com/2017/09/voices-sylvia-whitmore/ Fri, 01 Sep 2017 07:00:22 +0000 https://www.landreport.com/?p=14345

  Recently, I had a chance to speak with Sylvia Whitmore, the chief executive officer of a South Texas institution, The John G. and Marie Stella Kenedy Memorial Foundation. Land Report readers and hunters in particular will appreciate the one-of-a-kind lease that is coming available in 2019.

  ELR: So many factors combine to make the Kenedy Ranch a Texas legend. How do you describe it to a first-time visitor? SW: The John G. and Marie Stella Kenedy Memorial Foundation (KMF) Ranch is situated in the Coastal Bend of the South Texas Rio Grande Plains about 60 miles south of Corpus Christi, Texas, along US Highway 77. First-time visitors are often amazed at the diversity of the topography, habitat, wildlife, and frankly, the sheer magnitude of the ranch. At 235,000 acres, the KMF Ranch is a huge spread, even by Texas standards. Landscapes include native prairie, coastal marshes and wetlands, brush country comprised of mesquite woodlands and oak mottes, rolling sand dunes, and fresh water ponds. The ponds are maintained year round by the ranch's 138 functioning windmills, solar wells, and artesian wells. One of the many wildlife goals is to have a fresh water supply within one mile of any location on the ranch. Upon entering the ranch, you quickly find yourself engulfed by the ranch’s sweeping array of breathtaking landscapes and abundance of small and large game including nilgai, white-tailed deer, bobwhite quail, waterfowl, wild turkey, mourning dove, geese, javelina, and feral hogs.

   

  As stated above, a unique attraction to the KMF Ranch is the availability of nilgai, an exotic antelope imported from India to add to the variety of game available. Nilgai are very fast animals and extremely popular with hunters because they present such a hunting challenge. Nilgai have an extraordinarily thick hide and frequently are not taken down even when hit. Bagging a nilgai is quite an accomplishment, one that is exceptionally exciting for the successful hunter. What also makes the Kenedy Ranch a Texas Legend is its colorful and distinct history. The land available for lease is part of the Kenedy Family Ranch that dates back nearly two centuries. Mifflin Kenedy and his lifelong friend, Richard King, came to this part of the country to run steamboats up and down the Rio Grande River during the Mexican-American War from 1846 to 1848. They continued this trade until after the Civil War, at which time Kenedy became a railroad developer. By that time, Kenedy had made enough money to begin buying land grants. Mifflin married Petra Vela de Vidal, a widow with six children and a landowner in her own right. In 1854, Mifflin and Petra bought the Los Laureles grant, north of Baffin Bay, and made ranching history by fencing 131,000 acres. This was the first fenced ranch of any size west of the Mississippi. In 1882, Mifflin sold Los Laureles to a Scottish syndicate for $1.1 million — money he used to purchase more land grants, including the La Parra Ranch, site of the future Kenedy Pasture Company headquarters and part of the current-day KMF Ranch. By the early 1900s, Kenedy’s La Parra Ranch was a thriving business, home of 40,000 head of cattle, 800 horses and mules, 300 employees, an ice house, a commissary, and an elementary school. Mifflin and Petra would ultimately end up with over 400,000 contiguous acres in an area known as the Wild Horse Desert and on lands that would later be named Kenedy County. Eventually, their last two surviving grandchildren, John G. Kenedy Jr. (Johnny) and Sarita Kenedy East, would divide the 400,000-acres. Although Johnny and Sarita both married, neither of them had any children. Today, 200,000 acres of the Kenedy Family Ranch that Mifflin and Petra Kenedy began is owned by the John G. Kenedy Jr. Charitable Trust, which was founded by Johnny’s wife, Elena Suess Kenedy (The Trust), and another 235,000 acres is owned by The John G. and Marie Stella Kenedy Memorial Foundation that Sarita Kenedy East established in 1960. The monies KMF generates from its ranch lease(s) helps support KMF’s charitable giving to educational, religious, and nonprofit entities across Texas, predominately in South Texas. Through 2016, KMF has awarded over $330 million to such entities.

   

  ELR: The ranch has a 40,000-acre hunting and grazing lease available in 2019. Tell us about this unique opportunity. SW: Indeed, this is a unique opportunity that doesn’t come around often, to be able to lease the hunting and cattle grazing on one of the most historic ranches in South Texas. It has been nearly 15 years since this portion of the ranch was last available for lease. The acreage became available only because the current tenant, who maintains a sizeable lease on other parts of the KMF Ranch, chose to downsize. Based on current arrangements, the next possible opportunity to lease land from the KMF Ranch is not until March 2024. The KMF Ranch is some of the most sought after hunting in South Texas. The available land is part of our largest division, a 172,000-acre contiguous low-fence piece of property that offers abundant wildlife harvesting opportunities and also borders the Kenedy Trust Ranch, which does not allow hunting. Because we are under Texas Parks & Wildlife’s Managed Lands Deer Permit Program, hunting season for white-tailed deer on the ranch begins roughly one month earlier and ends one month later than the traditional season. Thanks to some great recent rain seasons, our quail population has been excellent. We are seeing an average of 10 coveys per hunt with an average of 12 birds per covey. The last three years, the KMF Ranch has averaged 2,366 quail per year harvested on the entire ranch. Nilgai harvest numbers have also been trending up in recent years. We are a bit biased, but truthfully, this is a rare chance to secure a lease on the KMF Ranch, and these opportunities are normally far and few in between. ELR: Describe the ideal lessee. SW: The ideal lessee for KMF is someone, or a group, who is ethical, adaptable, has a deep love of nature and wildlife, a passion for the sport, great respect for the landowner and other hunters, and has an urgency about safety first. We are looking for a lessee that will help us continue our current trend of partnering with core lease groups ranch-wide who help carry out our priorities of land stewardship and wildlife habitat enhancement. We are interested in working with someone who wants to form a long-term, mutually beneficial relationship which will continue to enhance the assets of the KMF Ranch while making this adventure a thoroughly enjoyable experience for the lease tenant. We normally lease large parcels of land of this size to one tenant; however, we will consider dividing the property. Once we find the right lease tenants, I can tell you we tend to follow the old adage, “If it ain’t broke, don’t try to fix it.” ELR: What are the particulars of the lease itself – deadline, terms, etcetera? SW: Although the acreage is not available until March 1, 2019, because of the planning process leading up to this date, we are accepting bids until September 29, 2017. Initial lease terms are three years. However, we are very interested in granting longer terms, possibly up to 10 years, for proposals that include the lease tenant constructing permanent lodging facilities on the ranch. We have recently begun modeling leases that incentivize permanent improvements on the ranch by granting longer initial lease terms. While all permanent improvements that a lease tenant makes belong to KMF, this model has shown to be a win-win approach. We know that our lease terms are pretty standard when lined up with other large ranches. KMF leases provide year-round exclusive hunting and grazing rights to a specific number of access permits designated by the lessee and approved by KMF. Our leases require semi-annual rent payments, insurance and liability terms, property tax reimbursements, habitat improvement and fencing expenditures, cattle stocking limits, and herd reporting, among other terms. Commercial hunting, night hunting, and day hunts are prohibited. The full lease bid package can be downloaded from KMF’s website at www.kenedy.org/leases/, along with maps of the available acreage. We encourage folks to contact us with any questions, and we know that whomever is awarded this leasing opportunity can look forward to some remarkable experiences at the KMF Ranch in the Wild Horse Desert.

   

  ]]> 14345 0 0 0 https://landreport.com/2017/09/how-bout-some-elbow-room/ Wed, 27 Sep 2017 07:00:40 +0000 https://www.landreport.com/?p=14370

  “When you own a stock or a bond, is it something you can actually touch or feel? Is it something you can share? That’s why owning land is such a different experience.” — Clint Eastwood, The Land Report, November 2017

  It was love at first sight the moment Clint Eastwood set eyes on the Monterey Peninsula. Then again, there was another element to the relationship worth mentioning: Uncle Sam had made the 20-year-old Bay Area boy an offer he couldn’t refuse. “I was drafted in the Army in 1951 and was stationed at Fort Ord [an Army base overlooking Monterey Bay]. I always liked Carmel. I thought if I could ever afford to or figure out how to make a living there, I might like to make a living there.” Eastwood never did figure out how to make a living in Carmel (although he did serve as mayor of Carmel-by-the-Sea). Instead, he made his fortune by starring in and directing films in far-flung locales. But his heart remained firmly planted along the Pacific Coast. “People like me are looking for a place where they can have a quiet life and yet still be close to things. Me? I like elbow room.”]]> 14370 0 0 0 https://landreport.com/2017/09/ted-turner-honored-as-2017-legacy-landowner/ Thu, 28 Sep 2017 07:00:03 +0000 https://www.landreport.com/?p=14373

  The Magazine of the American Landowner singles out iconic steward of 2-plus million acres in the US and Argentina.

  “Ted Turner’s commitment to conservation is no recent occurrence. It’s a lifetime phenomenon that dates back to his earliest years, one that has remained a continual touchstone.” So begins the 12-page cover story featuring 2017 Legacy Landowner Ted Turner and his monumental accomplishments as America’s preeminent landowner over the past four decades. Land Report Editor Eric O’Keefe penned the profile, which features comments and insights from an impressive array of Turner’s friends and colleagues, including Tom Brokaw, Taylor Glover, Mark Kossler, John Malone, Russ Miller, Mike Phillips, and T. Boone Pickens. The story, as well as the complete summer issue, is available HERE.]]> 14373 0 0 0 https://landreport.com/2017/10/bayer-ag-joins-the-fight-against-hlb/ Mon, 02 Oct 2017 07:00:54 +0000 https://www.landreport.com/?p=14381 The Wall Street Journal. A bacterium transmitted by the Asian citrus psyllid, citrus greening hinders the flow of nutrition and slowly starves trees. Over the last decade, it has ravaged Florida groves. According to Florida Citrus Mutual, land devoted to citrus has declined by 437,000 acres. Twelve million dollars has been raised from Coca-Cola, PepsiCo, and other companies that buy Florida citrus. These funds will offset the cost of Bayer researchers and lab expenses associated with the initiative. Read more HERE . ]]> 14381 0 0 0 https://landreport.com/2017/10/land-report-top-ten-summer-2017/ Wed, 04 Oct 2017 07:00:59 +0000 https://www.landreport.com/?p=14385 Nottingham Ranch in Eagle County, Colorado[/caption]

  The Centennial State boasts four of the nation’s top ten listings, each for $100 million or more. – The Editors

  1. Sandow Lakes Ranch (Texas): $250 million This 33,777-acre acre Central Texas sanctuary is being sold by Alcoa. Bernard Uechtritz of Briggs Freeman Sotheby’s International Real Estate has the listing. 2. REDUCED Gemini (Florida): $165 million Originally listed for $195 million, the Ziff family’s South Florida compound features 1,200 feet of Atlantic Ocean frontage and about 1,300 feet on the Intracoastal Waterway. Listed with Todd Peter and Christina Condon of Sotheby’s International Realty. 3. NEW: West Creek Ranch (Colorado): $149 million Discovery Channel creator John Hendricks’s 6,900-acre ranch straddles the Colorado—Utah line outside of Gateway, Colorado. Kerry Endsley with LIV Sotheby’s International Realty has the listing, which includes stunning Unaweep Canyon 4. Las Varas Ranch (California): $108 million These 1,800 acres just west of Santa Barbara encompass more than two miles of Pacific Ocean frontage. Listed with Kerry Mormann of Berkshire Hathaway HomeServices and Anthony Punnett of Douglas Elliman Real Estate. 5. Cielo Vista Ranch (Colorado): $105 million Thousands of elk, a resident herd of bighorn sheep, and deeded ownership of 14,000 acres are a few high points of this 83,628-acre Sangre de Cristo ranch. Listed with Jeff Hubbard and Pat Lancaster of Mirr Ranch Group. 6. NEW: Cross Mountain Ranch (Colorado): $100 million With 56,050 deeded acres and 168,000 leased, this Northern Colorado ranch stretches over four counties and is home to the largest elk herd in North America. Located 45 minutes from Steamboat Springs. Listed with Ken Mirr of Mirr Ranch Group. 7. NEW: Nottingham Ranch (Colorado): $100 million Surrounded by millions of acres of national forest and BLM land, this cattle ranch carries 1,200 animal units and includes 1,200 acres of pivot irrigation and 2,000 acres of flood irrigation. Listed by Ed Swinford and Brent Rimel with Slifer Smith & Frampton. 8. Pumpkin Key (Florida): $95 million This 26-acre island in the Florida Keys sits between Key Largo and the mainland. Improvements include a main residence, two caretaker’s cottages, a dock master’s apartment, and an office. Accommodations and dockage at Ocean Reef transfer. Russell Post of Russell Post Sotheby’s International has the listing. 9. Homer’s Pond (Massachusetts): $88 million This private retreat is set on 314 acres along the southern shore of Martha’s Vineyard and is available in its entirety or in smaller parcels. Grace Bloodwell and Charles Carlson of South Light Property have the listing. 10. Rancho San Carlos (California): $85 million This 237-acre hilltop estate is perched high above the Pacific in Montecito. Ten residential cottages complement the Reginald Johnson-designed main residence. Suzanne Perkins and Harry Kolb of Sotheby’s International Realty Santa Barbara the listing agents.]]> 14385 0 0 0 https://landreport.com/2017/10/sold-tres-hermanos-ranch-sells-for-less-than-half-of-appraised-value/ Mon, 09 Oct 2017 07:00:51 +0000 https://www.landreport.com/?p=14391 File photo by Watchara Phomicinda, San Gabriel Valley Tribune/SCNG[/caption] The Orange County Register reports that the City of Industry paid $41.6 million for 2,500 acres ($16,640 per acre) to establish a solar farm on the edges of Los Angeles, Orange, and San Bernardino counties. Industry initially offered $100 million for the Tres Hermanos Ranch, but submitted a second, discounted bid subject to restricting the land for public use, public facilities, and open space in perpetuity. Per the sale, establishing a solar farm would fall under the public use designation. The seven-member state oversight board tasked with selling off the land accepted the discounted bid on August 24. “The majority of the board voted and believed having open space has some value and goes above and beyond the financial aspects,” said Santos Kreimann, chairman of the oversight board and chief deputy assessor for Los Angeles County. Dissenters, including Kreimann, argued that Industry needed to provide plans to neighboring cities as well as partner with county agencies to ensure building of the parklands. Click here to read more.]]> 14391 0 0 0 https://landreport.com/2017/10/land-report-october-2017-newsletter/ Mon, 16 Oct 2017 07:00:32 +0000 https://www.landreport.com/?p=14425 1031 exchanges are in jeopardy! One of the most valuable tax tools for landowners is currently on the table in Washington. Learn how to contact your elected officials to keep this vital element of the tax code in place. Other great reads from our October newsletter include:
  • Farmland Partners pays $110 million for 5,100 acres of permanent cropland
  • NRG Energy properties in East Texas go to auction on November 14
  • Jon Kohler elected to board of directors of Pheasants Unlimited
  • Supreme Court to hear WOTUS jurisdiction case
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 14425 0 0 0 https://landreport.com/2017/10/weidert-farm/ Sun, 15 Oct 2017 07:00:41 +0000 https://www.landreport.com/?p=14474 Big can obviously refer to scale. One could start with the sheer volume of the mighty Columbia and the enormity of the Gorge, but that would mark the return of the Texan yardstick. Consider instead the sheer brawn of the Columbia Valley — the number of turbines needed to harness the wind, dam after dam charging the Northwest power grid; and the endless array of different farming operations — boutique vineyards, fully mechanized apple orchards, mile after mile of corn stalks, mustard-colored fields of grass. Without realizing it, Tim Weidert fuels this perception not long after we meet at the Tri-Cities Airport. Tim is more than affable. Think of him as a good friend you’ve never met. Same with his wife, Jen. The moment you say hello, the conversation slips into that zone you share with a longtime bud. As we drive to his farm, he casually points out a few of the landmarks where he grew up, this Big Country called Eastern Washington. “That’s an apple storage facility,” he says. He’s pointing at a structure the size of an IKEA. “They truck them in from the orchards, store them in CA [controlled atmosphere], and then ship them out 10 or 20 cars at a time.” Truckloads? No. Carloads. Railcar loads. [caption id="attachment_14478" align="aligncenter" width="588"] Beginning with a 600-acre purchase 50 years ago, the Weiderts have increased the size of their farm tenfold to 6,000 acres. Simultaneously, they acquired state-issued, privately owned water rights that are no longer being granted.[/caption] As I was soon to see, there may not be many people west of Pullman or north of Pendleton, but the few that are out there definitely know how to harness what the good Lord has given them. That group of hardy souls would include Tim’s father, Levi, who was born in Walla Walla in 1923. Walla Walla also happens to be where Levi met Tim’s mother, Loretta, and where Tim would meet Jennifer decades later.

  Land Lesson No. 1: AGGREGATION | Typically, when a tract doubles in size, value per acre decreases by 10 percent. With top-tier properties, however, as acreage increases, so does value per acre.

  Levi and Loretta’s story speaks to the best of America’s Greatest Generation: his wartime service in the US Army, her raising their son and daughter, their seeking better opportunity by moving south to Oregon to establish their own dryland farm. “My father started out buying 600 acres down here on the highway in the early 1960s,” Tim tells me. “Over the last 50 years, we’ve added on to the farm to the point where it’s now 6,000 deeded acres.” Levi and Tim also acquired state-issued, privately owned water rights during that half century. Today, these water rights are priceless. Why? Because the permitting agencies that issued them have stopped doing so. ¡No más! The farm’s computerized management system draws from four deep basalt wells — a fifth is permitted — and controls 35 pivots. The 68° well water percolates down from the Blue Mountains through layers of basalt en route to the Columbia River. It requires no treatment. [caption id="attachment_14479" align="aligncenter" width="588"] In addition to excellent soil and plentiful water, Weidert Farm benefits from superior air drainage, a topographical feature that facilitates the flow of cold air downhill. This feature is of vital importance to grape growing.[/caption] Weidert Farm has emerged as an agricultural powerhouse. In 2017, 3,139 acres of winter wheat were harvested. In previous years, other crops have included corn, potatoes, onions, peas, alfalfa, and Timothy hay. And to Stuart Turner, that’s just the tip of the iceberg. “Everything is right here, right now for this farm to go to the next level,” Stuart tells me. A consulting agronomist based in the Tri-Cities area 25 minutes north of where we’re standing, he insists that the farm’s water, soil, and climate are capable of far more than the row crops currently being produced. “Nature has made it this way,” he says. By next level, he believes Weidert Farm is capable of “the ultimate level in crop production: permanent crops.” “Quality is always the driver, not the market,” he says. “If you have the highest quality fruit, you always command the highest price. And Weidert Farm has the potential to produce the highest quality tree fruit and the highest quality wine grapes.” I ask Stuart for his take on the farm’s new configuration. He quickly reels off a response:

  Land Lesson No. 2: AIR DRAINAGE | As air cools, it becomes more dense and flows down natural drainages. This provides protection from winter freezes and spring cold snaps.

  “The upper slopes are well suited for wine grapes. In addition to the exposure, wine grapes would be well protected from cold snaps. On the intermediate slopes, I would go with tree fruit, principally apples. Washington produces more than half the apples in the US, and there are storage and shipping facilities a few miles from here. Blueberries would be ideal on the lower slopes. Along the Walla Walla River drainage, it’s hops all the way.” There’s one catch with Stuart’s analysis. Says Tim Weidert, “Over the years when we were putting this farm together, we always had a vision that it would go into permanent crops. Now is the time for someone else to do that.” That’s where Steve Bruere comes in. Tim and Jennifer met the Des Moines-based broker at the Land Investment Expo that Bruere’s Peoples Company hosts annually. When they explained their intent to sell their farm, Bruere recommended several leading ag brokerages, but the Weiderts wouldn’t have it. They insisted on working with Bruere. Over the last six months, the Iowa native has crisscrossed the country, sharing the details of this standout property. “I’ve been in front of every major apple grower and all the top apple packers in Washington. I just got back from a wine symposium in Napa where I met with a ton of California wineries. I’ve met with pear guys, cherry guys, blueberry growers, and hops guys. And that’s not including the investment funds that want in,” he says. Peoples Company is offering Weidert Farm via a sealed-bid auction with a November 10 deadline. For more information, a bid packet, and a slew of informative videos, go to www.WeidertLand.com.

  Washington Wines

  [caption id="attachment_14480" align="aligncenter" width="588"] Turning winter wheat into award-winning wines.[/caption] Alan Busacca is the college professor you always wanted but never had. That would be because you didn’t go to Washington State, where Busacca has been honored as a professor emeritus. A certified soil scientist, Busacca’s forte is land – nurturing it, studying it, and evaluating it to develop vineyards for Washington’s burgeoning wine industry. Come to find out, he has penned the applications that led to the establishment of several AVAs (American Viticultural Areas) in the Evergreen State. As soon as the Weiderts brought Peoples Company on board to market their farm, Bruere contacted Busacca. Corn and beans Bruere knows cold. Wine grapes? Only in bottle form. Busacca gives me his take on the grape-growing potential of Weidert Farm while standing at the bottom of a six-foot trench in an enormous field. The guy is in his element, and like a true Sicilian, his passion is palpable. “Vineyards in Eastern Washington have three standout characteristics: the soil, the water, and the growing climate, including the air drainage,” Busacca says. I interrupt and ask him to define “air drainage.” “As air cools, it becomes more dense. Much like water, dense air follows the topography and flows down natural drainages. From a vintner’s standpoint, this is essential. It prevents winter damage and spring and fall frost. Weidert Farm has superior air drainage. It sits high up relative to other wineries in the Walla Walla AVA. It gives you safety from the winter freeze, and it gives you safety from spring frost on your bloom,” he says. Later that day in Walla Walla, Busacca morphs from soil scientist into tour guide. “The number of wineries in the Walla Walla AVA has grown from 10 or 15 in the late 1990s to more than ten times that number today,” he tells us. We make a final stop for a tasting at Walla Walla Vintners. Busacca’s thoughts return to Weidert Farm: “It has the potential to grow mid-season to late-season ripening grapes – Chardonnay, Cabernet Sauvignon, Petit Verdot, Petit Syrah, Syrah, Merlot. I’ve never seen anything like it. “Weidert Farm will become, not can, not may, but will become the premier area for wine grapes grown in the entire Northwest.” ]]> 14474 0 0 0 Over the last half century, the Weidert family has created a powerhouse of a farm. Their next step? Find someone to take it to the next level.]]> https://landreport.com/2017/10/the-land-report-fall-2017/ Sun, 15 Oct 2017 07:00:21 +0000 https://www.landreport.com/?p=14482 Our Investment Issue features dozens of premium listings from coast to coast, including:
  • Cross Mountain Ranch: Unrivaled water and wildlife in Northern Colorado
  • Gunter's Island: A how-to study on developing the ideal mitigation bank
  • Weidert Farm: A 6,000-acre Washington farm with matchless water rights
  • One-of-a-Kind Properties: Some of the country's top investment opportunities
  Other great reads in our fall issue include:
  • Media: Must-See Movie: Rancher, Farmer, Fisherman, narrated by Tom Brokaw
  • Land Report Top Ten: Hawaii's Molokai Ranch Hits the Market for $260 million
  • Tenth Anniversary Throwback: Francis Ford Coppola's Passion Project
  ]]> 14482 0 0 0 https://landreport.com/2017/10/colorados-cross-mountain-ranch-lists-for-100-million/ Mon, 16 Oct 2017 07:00:55 +0000 https://www.landreport.com/?p=14421 The family homestead of Lake Las Vegas developer Ronald Boeddeker, Cross Mountain’s 56,000± deeded acres and 168,000± leased acres were once home to Ute Indians. It now hosts North America’s largest elk herd. The ranch consists of two distinct ecosystems spanning four counties. The Upper Ranch with alpine landscapes includes the historic Pyramid Peak Guest Ranch, a former stagecoach stop at the base of the 13,000-foot Pyramid Peak. The Lower Ranch, with lush meadows and pastures fed by the Yampa River, includes the historic Victorian Sevens Ranch. “Cross Mountain Ranch is an incredible legacy ranch and investment,” says listing broker Ken Mirr of Mirr Ranch Group. “On their own, components such as water rights, hunting and recreation offerings, and agricultural operations make for a strong investment opportunity. But linked together, as they are at Cross Mountain Ranch, they create a property with invaluable potential. This is a once-in-a-lifetime opportunity to purchase one of the most significant and diverse properties in the West.” Click here to read more. ]]> 14421 0 0 0 https://landreport.com/2017/10/section-1031-exchanges-at-risk/ Tue, 24 Oct 2017 07:00:25 +0000 https://www.landreport.com/?p=14487

  Powerful landowner tool ends up on the negotiating table as tax reform takes center stage in Washington during the closing months of 2017.

  Just last month on Capitol Hill, congressional staffers made it clear that potential large-scale changes to Section 1031 like-kind exchanges are being considered in order to pay for the corporate tax rate cut championed by the administration. Congressional leadership and President Trump recently “cleared the deck” to enact tax reform by the end of the year. The administration’s tax proposal framework comes on the heels of a short-term deal with congressional Democrats to delay a debt ceiling vote until December. Tax reform is expected to proceed under a budget reconciliation process that will facilitate a simple majority vote in the Senate. Landowners, real estate professionals, and other stakeholders who want to ensure the Section 1031 like-kind exchanges are preserved need to reach out to their elected officials and emphasize the importance of preserving Section 1031 exchanges. Personal letters and telephone calls have the most impact. Another option is to send a letter to your representatives by visiting http://www.1031taxreform.com/take-action.]]> 14487 0 0 0 https://landreport.com/2017/10/on-the-block-10000-acres-in-east-texas/ Thu, 26 Oct 2017 07:00:23 +0000 https://www.landreport.com/?p=14490 NRG to Liquidate 10,000 Acres of Prime Properties in East Texas Hall and Hall Auctions will market 16 tracts totaling 11,831 acres on Tuesday, November 14, at 10:00 a.m. at the Hart-Morris Conservation Center in Athens. The majority of the 16 tracts was originally assembled in the 1980s by North American Coal Company and Houston Lighting and Power (HL&P) to facilitate the development of coal mining and a coal-fired electricity plant. Those properties are now owned by Houston-based energy company NRG. The subject properties are located two hours southeast of Dallas and two hours north of Houston in Henderson and Anderson Counties. They are accessible via highways, paved county roads, and gravel roads. The acreage consists of native ranchland and improved coastal Bermuda pastures as well as 2,500 acres of tillable farmland with exceptional hunting throughout. Tracts also include Trinity River frontage and Cedar Creek frontage that offers hardwood river bottomland. Read more HERE.]]> 14490 0 0 0 https://landreport.com/2017/10/sold-farmland-partners-pays-110-million-for-central-valley-cropland/ Tue, 31 Oct 2017 07:00:20 +0000 https://www.landreport.com/?p=14510 Farmland Partners Inc. (FPI) announced that it has entered into agreements to acquire 5,100 acres of permanent crop farmland in California’s Central Valley for $110 million from Olam International Limited. At closing, FPI will enter into a 25-year triple-net lease agreement with Olam on a revenue-share basis with Olam operating and maintaining the almond, pistachio, and walnut orchards. With more than 150,000 acres in its portfolio, FPI is the nation’s largest publicly traded farmland real estate investment trust. “We look forward to bringing these properties into our portfolio,” says FPI CEO Paul Pittman. “They are unique, high-quality farms in the heart of California’s tree nut industry. The properties and associated agreements will bring higher cap rate permanent crop production into our portfolio, furthering our goal of delivering a well-balanced portfolio of US farmland to our stockholders. On an unlevered NOI basis, we expect these leases in 2018 to be accretive to our portfolio relative to the cost of our recently issued preferred security.” Click here to read more. ]]> 14510 0 0 0 https://landreport.com/2017/11/land-report-november-2017-newsletter/ Wed, 15 Nov 2017 07:00:12 +0000 https://www.landreport.com/?p=14514 Page through the digital version of The Land Report online and discover dozens of investment opportunities from coast to coast. Farmland, timber tracts, cattle ranches, and transitional land are all featured, including:
  • Washington's Weidert Farm
  • Colorado's Cross Mountain Ranch
  • South Carolina's Gunter's Island
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on  Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 14514 0 0 0 https://landreport.com/2017/11/cross-mountain-ranch/ Wed, 01 Nov 2017 07:00:06 +0000 https://www.landreport.com/?p=14516 MILES OF VALUABLE RIVER FRONTAGE. The recreational aspects of Cross Mountain are an integral element of its operations and profitability.[/caption]

  This historic Colorado Ranch holding features two distinct divisions: an Upper Ranch with matchless wildlife, and a Lower Ranch with some of the most senior water rights in the Centennial State.

  Mountain states give cattlemen unique challenges. Come winter, the little forage available lies buried beneath blankets of snow. The standard solution is to bale tons of protein-rich hay during the summer to feed herds the better part of the winter. But there is an upside to this demanding terrain. Cattle ranches out West tend to harbor fantastic wildlife. This is especially so when pastures and property lines abut swaths of public lands. One would be hard-pressed to single out a more robust example of this Western ranching model than Colorado’s Cross Mountain Ranch. I say this not only because of the ranch’s significant deeded component — more than 56,000 acres — but because it enjoys priceless senior water rights as well as more than 250 square miles of leased public lands. [caption id="attachment_14519" align="aligncenter" width="588"] ULTIMATE HABITAT. North America’s largest elk herd migrates from Cross Mountain’s Upper Ranch to the Flat Tops Wilderness Area.[/caption] Each of Cross Mountain’s two divisions is a standout operation. When combined, they produce substantial synergies. The Upper Ranch, which sits 30 minutes west of Steamboat Springs, dominates the Williams Fork River Valley. It also borders the north slopes of the Flat Tops Wilderness Area. This pairing of private property and adjacent public lands makes the Upper Ranch a recreational gem. Multiple rivers and streams, including more than two miles of the Williams Fork, are one reason why the Upper Ranch is a coveted brown trout fishery. Mountain biking, horseback riding, snowshoeing, and cross-country skiing are also staples of ranch life, and the proximity to the 235,214-acre Flat Tops Wilderness only heightens these opportunities.

  Land Lesson No.1 | PUBLIC LANDS The best Western ranches benefit from the patchwork of public lands that are interspersed around and throughout them.

  The Flat Tops also are home to the largest herd of elk in North America. Thanks to Cross Mountain’s participation in Colorado’s Ranching for Wildlife program, the Upper Ranch receives 100-plus elk tags as well as 25 mule deer tags. Keep in mind that in several Western states, one or two tags per landowner can be typical. By themselves, this cache of wildlife rights gives Cross Mountain peerless status. [caption id="attachment_14520" align="aligncenter" width="588"] TURNKEY IMPROVEMENTS. This L.L. Bean-designed lodge serves as headquarters of the Upper Ranch’s hunting operations (top left). The historic barns have long been an integral element of Cross Mountain (lower left). The Boeddeker family built a kid-friendly 11,000-square-foot lodge at the center of the Upper Ranch (top right). Everything from pivots (bottom right) to employee housing and machinery is in place on the Lower Ranch.[/caption] During the summer months, the Upper Ranch also serves as the focal point of Cross Mountain’s livestock operation. In a typical year, the Upper Ranch carries 2,000 mother cows and approximately 10,000 sheep. In addition to its own pastures, cow-calf pairs are stocked on adjoining public lands per established grazing allotments. In winter, the livestock are trailed off the high country and trucked down Route 40 to the Lower Ranch. This high-desert sanctuary benefits from the ranch’s 100 separate water rights that include a whopping 479 acre-feet of storage and 108 cubic feet per second of direct flow rights.

  Land Lesson No.2 | WATER RIGHTS As America’s population approaches 350 million, the value of privately owned water rights will only increase.

  The Lower Ranch can pull water directly from the Yampa and the Little Snake to irrigate thousands of acres of fields. This riparian corridor forms an integral part of the Upper Colorado River Basin and is one of the least dammed stretches of waterways in the West. Cross Mountain’s senior rights actually supercede those of many other users upstream, including some belonging to Steamboat Springs. Again, just like the abundant fly-fishing and trove of elk tags on the Upper Ranch, these water rights are a long-term investment opportunity in themselves. In addition, the Lower Ranch is rated a trophy elk unit and enjoys coveted landowner elk and mule-deer tags. [caption id="attachment_14521" align="aligncenter" width="588"] PRIVATE PARK. For 25 years, the Boeddeker family has enhanced and enjoyed this breathtaking Colorado ranch.[/caption] Ken Mirr is no stranger to the diverse topography of this sprawling ranch. In 2012, he listed and sold Utah’s Thunder Ranch, which borders the Green River and has a massive haying operation. He also listed and sold the Mantle Ranch, which practically neighbors the Lower Ranch in Moffat County and is completely surrounded by Dinosaur National Monument. Mirr enjoys a close relationship with the Boeddekers, and supported their decision to protect 16,000 acres of critical sage grouse habitat on Cross Mountain. The resulting conservation easement, which was crafted with Colorado Cattleman’s Agricultural Land Trust, drew high praise. “Thanks to the family of Cross Mountain Ranch and their neighboring ranch families, we’re seeing the power of voluntary conservation to keep the vast sagebrush lands intact where it matters most in our state and nationally,” said Colorado Governor John Hickenlooper in a statement announcing the 2014 easement. Over the last 25 years, the Boeddeker family has set a high bar for stewardship as well as management of this world-class asset. Mirr recognizes this. “My job is to find the right ecologically minded buyer who will continue the legacy of the Boeddekers at Cross Mountain. It won’t be easy, but it will be worth it.”]]> 14516 0 0 0 https://landreport.com/2017/11/gunters-island/ Wed, 01 Nov 2017 07:00:10 +0000 https://www.landreport.com/?p=14522 WEAR AND TEAR. For the State of South Carolina, the development of Interstate 73 is all important. Yet the Clean Water Act requires offsetting the effects of such a massive construction project, which will impact 324 acres of water, 17 streams, 139 wetlands, and 5 ponds. A major mitigation target such as Gunter’s Island was required.[/caption]

  A landmark mitigation project in South Carolina is built on cooperation and conservation.

  By Corinne Garcia In May 2008, when American Timberlands CEO Tom Rowland first set foot on Gunter’s Island – a lush 6,859-acre holding with more than 10 miles of frontage on South Carolina’s Little Pee Dee River – he immediately knew that the canopied acreage was a standout tract. “Gunter’s Island has 10 miles of contiguous, second-generation bottomland hardwood adjoining sugar sand ridges, which is a big deal ecologically,” he says. “In addition, its exceptional habitat is home to healthy populations of black bear, white-tailed deer, wild turkey, wild hog, duck, dove, and a plethora of other things.” “My thinking was that it would be a great state park, and I commented as such to the team. Little did we know that we would end up doing what we did,” Rowland says. [caption id="attachment_14525" align="aligncenter" width="588"] One of the primary goals of preserving Gunter’s Island was to offset the impact of Interstate 73 and creating a vital evacuation route from the Carolina coast to higher ground.[/caption] What American Timberlands has done in the decade since is collaborate with a key group of federal and state agencies. The end result? A landmark mitigation deal, one that required the right project, the right land, and the right mix of people dedicated to pursuing the best interests of economic progress, the environment, and the people of South Carolina. American Timberlands bought Gunter’s Island in 2008 with an Atlanta-based real estate private equity fund as part of a package deal in Horry County. Thanks to 10 miles of Little Pee Dee River frontage and an intact Carolina bay, it was clear from the outset that there was potential for a mitigation project, but not in the traditional sense.

  Land Lesson No.1 | MITIGATION BANK A conserved tract of land that offers credits to entities that need to offset adverse impacts of a bridge or a shopping center.

  A traditional mitigation bank model would mean the restoration and preservation of Gunter’s Island’s riparian areas in exchange for credits that could be sold, much like the company did with the Carter Stilley project, the 1,304-acre mitigation bank that American Timberlands created not far from Gunter’s Island. (See The Land Report, Fall 2016). Upon approval by the US Army Corps of Engineers, such credits could then be marketed to developers or other entities that needed to offset adverse wetland impacts that their projects incurred. Due to its size (more than 10 square miles) and the significance of the natural resources on Gunter’s Island, American Timberlands chose to explore a different route, one called permittee-responsible mitigation. “When you think about traditional wetland mitigation, it involves selling credits to folks like the state department of transportation and real estate developers that are impacting wetlands,” says Rowland. “By comparison, with a large-scale impact, like a factory or airport, it makes more sense to do a single project of equal scope rather than traditional banking. In this case of Interstate 73, it was the preservation of Gunter’s Island.” “The idea is, ‘OK. We are going to have 300-something acres of wetland impacts. Why don’t we find a piece of ecologically significant land and use that to mitigate the impacts?’” Rowland says. With this in mind, he and his team at American Timberlands set out in search of the right partner for Gunter’s Island, one with an oversized mitigation need. On large-scale projects, it’s not uncommon for American Timberlands to reach out to federal and state agencies (or vice versa) that are involved in substantial projects. In this instance, the timing could not have been better. “For over 10 years, we worked on the design and permitting for Interstate 73, between Rockingham, North Carolina, and Myrtle Beach, South Carolina,” says Bob Perry, the former Director of the South Carolina Department of Natural Resources (DNR) Environmental Affairs. “It was a very extensive, lengthy, and very complete process for determining the environmental impacts associated with building the roadway. In order to get the permit, the South Carolina DOT would have to meet the mitigation,” Perry says.

  LAND LESSON No.2 | PERMITTEE-RESPONSIBLE MITIGATION A single tract of land that is used to offset the adverse impact of a major development, such as a highway or an airport.

  Perry’s department, Environmental Affairs, assists regulators with the science side of the permitting process. “When we were in the early stages [of permitting Interstate 73], all agencies were in agreement that the project would require a substantial mitigation package to offset the impacts, which were many,” Perry says. “You can imagine it took a long time to find the right opportunity.” While vetting possible mitigation packages, Perry and his colleagues met with numerous organizations, including government agencies, land trusts, and companies such as American Timberlands. At his initial meeting with Perry, Rowland proposed Gunter’s Island as a possible solution set for the I-73 extension. “By itself, Gunter’s Island is a meaningful piece of property,” says Lorianne Riggin, who recently succeeded Perry as director of Environmental Affairs. Riggin also worked on the Gunter’s Island project from day one. “It has the location on Little Pee Dee, an outstanding resource water, sundry different wild species that use the habitat, and such a large riparian zone to improve hydraulics and provide area for the natural resources to thrive.” The project then moved on to the South Carolina Department of Transportation (DOT), where it landed on the desk of the commission chair, Mike Wooten. “My goal was to get the permit process finished for I-73 in South Carolina, and I had been personally working towards this goal for 27 years,” Wooten says. He looked at both mitigation models, the traditional credit-based bank and the permittee-responsible mitigation. “I couldn't authorize spending that amount of money without weighing each route against the other,” he says. Although both cost about the same, traditional mitigation credits can take three to five years to market. Permittee-responsible mitigation is effective immediately. Then, of course, there was the prospect of turning over such a fine piece of land to the people of South Carolina. All of the collaborators breathed a huge sigh of relief when the Corps of Engineers approved the permitting of the Gunter’s Island Mitigation Plan in June 2017. Two months later, South Carolina DOT closed on Gunter’s Island for $18.3 million and began the extensive preparations necessary to turn it over to DNR’s Heritage Trust program. “It’s a great success story,” Wooten says. “The guys from American Timberlands were very helpful, and we were very fortunate to have deal makers throughout instead of deal breakers. Life is about relationships, and we happened to have the right people doing the right things at the right time.” [caption id="attachment_14527" align="aligncenter" width="588"] Loblolly pine plantations provide crucial habitat on Gunter’s Island and form the largest vegetative cover type.[/caption] “These kinds of deals require a tremendous amount of collaboration and trust between different agencies,” adds Riggin. “We are well known in South Carolina for being able to pull these kinds of deals off, which speaks well of the ability to collaborate productively to get things done so the people benefit and the wildlife benefits.” Gunter’s Island will soon open to the public. “We’ll make sure the roads are safe, signage is put up, do a dedication, and then provide the public access,” Riggin says. The island will offer hiking, hunting, fishing, and more. Although Interstate 73 is still a long way from completion, a significant hurdle has been cleared. “South Carolina needs I-73. It is essential for continued economic development and the safety our citizens,” Rowland says. “It will promote tourism, facilitate traffic flow, and provide an evacuation route from hurricanes. It’s vital to Myrtle Beach.” For American Timberlands and its partners, this process started with boots on the ground and an insightful first look at a piece of land. Says Rowland, “One of the things we do in due diligence is think about who the next owner of a piece of property will be. From the very beginning, we recognized that this was an asset that needed to belong to the state and the citizens of the state. What we did here is find the nexus between economic development and environmental stewardship.”]]> 14522 0 0 0 https://landreport.com/2017/11/high-court-to-consider-the-waters-of-the-us/ Tue, 07 Nov 2017 15:54:18 +0000 https://www.landreport.com/?p=14541 The Supreme Court will consider an Obama administration rule known as Waters of the US (WOTUS). The EPA and the Army Corps of Engineers issued the joint rule in 2015, which determines which wetlands and streams receive automatic protection under the Clean Water Act. At issue are the law’s judicial review provisions. WOTUS stipulates that appeals courts have jurisdiction over challenges to “any effluent limitation or other limitation,” as well as permit approvals or denials. Other legal disputes, however, are heard by district courts. The National Association of Manufacturers is arguing that the Clean Water Rule belongs in district court because it is a definitional rule and does not impose any discharge limitations or approve any permits. ]]> 14541 0 0 0 https://landreport.com/2017/11/sold-bowen-arrow-ranch-sells-for-10-million/ Tue, 14 Nov 2017 07:00:35 +0000 https://www.landreport.com/?p=14551 Colorado’s Bowen Arrow Farm and Ranch sold at auction in October. The 8,735-acre operation was offered in 26 separate tracts. According to Hall and Hall Auctions, which handled the sale, a total of 73 bidders registered, with eight buyers paying a total of $10.14 million. Six of the eight winning bidders were single-tract purchasers. The largest combination consisted of 3,680 acres at $1,359 per acre and cost more than $5 million. Prices ranged from $616 per acre for Washington County grassland to $1,750 per acre for Adams County dryland. Smaller 40-acre parcels went for as much as $2,375 per acre. Click here to review the offering. ”ƒ ]]> 14551 0 0 0 https://landreport.com/2017/11/land-report-2017-legacy-landowner-ted-turner/ Wed, 22 Nov 2017 07:00:38 +0000 https://www.landreport.com/?p=14557 Ted Turner and Dixie at the ready prior to a morning in the field at Avalon Plantation.[/caption]

  Like the North Star above his beloved Flying D Ranch, our 2017 Legacy Landowner has been a constant beacon, ceaseless in his support of all God’s creatures and His lands.

  When was the first time you became aware of Ted Turner the Landowner? Not Ted Turner the Sportsman, who successfully defended America’s Cup in 1977 and whose Atlanta Braves won the 1995 World Series. And I’m not referring to your first recollection of Ted Turner the Cable Guy, who developed the pioneering superstation WTBS in the late 1970s and launched CNN in 1980. I’m talking about the lifelong hunter, the devout fly-fisherman, the champion of the American bison, a landowner who stewards some two million acres in the US and Argentina. For me, it was a brief wire report that ran in the Business Day section of The New York Times on June 20, 1996. The gist was that Pennzoil Company was under contract to sell its 588,000-acre Vermejo Park Ranch in Northern New Mexico “to a Georgia company owned by Ted Turner.” Vermejo sits at a special corner of the Old West, where the Great Plains meets the Southern Rockies. That country has always called out to me, which is probably why the news caught my eye. Come to find out, that little blip in The Times triggered memories of a summer spent at the Philmont Scout Ranch next door to Vermejo. Thanks to two decades’ hindsight, I can credit that one transaction with generating the spark for this magazine. Which was precisely a part of Turner’s plan. Our 2017 Legacy Landowner has assembled an amazing collection of properties. But that’s only half the story. He is equally adamant about inspiring you and me and anyone else with an interest in land to better this world of ours. Think about it. Then prove him right. Turner’s commitment to conservation is no recent occurrence. It’s a lifetime phenomenon that dates back to his earliest years, one that has remained a continual touchstone. “There are two Teds,” says friend Tom Brokaw. “There’s this kind of bombastic Ted, and then there’s this very keen ornithologist, a guy who cares about the land. It’s not just a trophy to Ted. He cares about land organically. He knows the birds on the wing. He knows the flowers. He knows the grass. When he turned 75, somebody sent me a description of what he was like when he was a kid. He was a great birder. He was a taxidermist. So when I hunt with him, he’s very attentive to the process. He wants to make sure he gets it right.” Mike Phillips has served as director of the Turner Endangered Species Fund since its founding in 1997. Over the last two decades, the Montana state senator has witnessed this mind-set firsthand. [caption id="attachment_14562" align="aligncenter" width="588"] Karl Bodmer’s Landscape with Buffalo on the Upper Missouri[/caption] “Ted seems to have a chronic ability to focus on foundational aspects of import,” Phillips says. “You’re talking about a guy who has assembled a body of work that is strangely robust. He has this knack to drive to the most important common denominator. Ted put an easement on St. Phillips Island [his 4,680-acre South Carolina property] in the early 1980s. Nobody was talking about conservation easements back then. But he saw a need for acknowledging the power of incentives to protect land.” Turner’s rehabilitation of Montana’s Flying D Ranch was anything but low profile. He paid less than $200 per acre for the 113,613-acre ranch. In addition to recognizing the Flying D’s value as a long-term investment, he was floored by its scenic splendor and the abundant wildlife. Its traditional use as a cattle ranch? Not nearly as appealing. Russ Miller was in charge of Hall and Hall’s ranch management division when Turner bought the Flying D. He was subsequently brought on board as the first general manager of Turner’s western ranches. “When Ted bought the Flying D from Bobby Shelton in 1989, I was still at Hall and Hall. He invited me and ranch manager Bud Griffith to the Spanish Creek house. Ted was on the porch with a book of Karl Bodmer prints in his lap. We all looked down at the Bodmer prints, and then we looked out across the landscape and saw a bunch of tractors putting hay up. There were power lines and fences and Angus cattle. And Ted looked down at the book again and up at the landscape, and down at the book and up at the landscape. Bud and I were following his head — kind of like watching a tennis match. [caption id="attachment_14561" align="aligncenter" width="1435"] When Turner learned that South Dakota's Standing Butte Ranch was going to auction and about to be divided up, he preserved the pristine prairie by buying it outright.[/caption] “Then Ted said to Bud and me, ‘You see this watercolor?’ It was a painting of bison crashing through the underbrush in Northern Montana. He said, ‘That’s what I want the Flying D to look like. Those Angus cattle? Gone. Those tractors putting up hay? Gone. Those power lines? Gone. That’s your job, boys. And what do you know about bison?’ “‘Not much’ was the answer. “‘Well, you better start learning because that’s what we’re going to be running.’” Turner Enterprises President and CEO Taylor Glover enjoys the closest of relationships with Ted. The two have been friends and colleagues for decades. He still gets a chuckle out of the experience: “I’ll never forget when Ted acquired the Flying D. I think that big valley is seven miles long and four miles across. He said, ‘I can’t wait to get those fences out of here. All I want to see is bison.’ By golly, if you go there today, that’s exactly what you see.” [caption id="attachment_14563" align="alignright" width="300"] Even noncommodity species such as the black-tailed prairie dog have a place on Turner Ranches.[/caption] There are those who have taken umbrage with Turner’s methods, in particular, cattlemen who resented the hasty exit of their preferred ungulate from ranches bought by Turner. But others, especially those who know Turner personally, share a different story. Take for instance John Malone. I tracked down America’s largest landowner in his Denver office. His esteem and affection for his longtime cable industry colleague and close friend dominated our conversation. “You just love the guy,” Malone began. “Every engine needs a spark plug. That’s Ted. He has so many youthful enthusiasms in so many ways. I’m the anchor that weighed him down, the albatross around his neck. But Ted has this incredible enthusiasm. It literally carried him over obstacles facing our industry. And he was always 100 percent all in for our industry. Like Turner, Malone has acquired iconic cattle ranches out west. In New Mexico, the historic TO Ranch sits in the shadow of Vermejo Park. And Malone’s 290,100-acre Bell Ranch, which was originally a part of the Pablo Montoya Land Grant, is every bit as steeped in territorial history as Vermejo. “Ted has this romance with the West. He loves everything Native American and wants to take his ranches back to the pre-Columbian era,” Malone says. Marketing his own bison proved to be precisely the sort of situation where Turner’s “spark plug” attitude was required. Malone singles out Turner’s innovation, creativity, and skillfulness as keys to the rise of the bison industry. Not that it was always easy. “I remember back in the early days. Ted was just getting into bison. Some years he’s brag about how high the price of bison was. Other years he’d call me and ask, “Do you know what a heifer calf just brought in Fargo? Forty dollars!” Malone says with a laugh. At 30 Rock, another friend shared a far different perspective on the same story. “Meredith and I when pheasant hunting in South Dakota with Ted. She’s very fond of him, and he of her. At one point, the birds were down, and I said ‘Ted, what I really want is for Meredith to get an appreciation of what you’ve accomplished. We’re going to go up on one of the higher hills, because when you’re up there and all the fencing is down and the bison are on the grass, it’s 1895.’ It really is,” says Brokaw. This duality — creating a profitable financial model on his lands while preserving and enhancing their many varied habitats — plumbs the essence of our 2017 Legacy Landowner. “It is taut and tight, and it is all Ted Turner,” says Mark Kossler, the general manager of Turner Ranches. “In some circles, Ted is known as a hardball businessman. He knows how to make money. He knows how to run profitable businesses, and he can be tough to deal with in a business environment. Fair, but tough. On the other hand, he is known as a conservationist who takes conservation very seriously, and he wants to manage his properties and have other properties he manages conserve species. So that mission statement is all Ted Turner.” [caption id="attachment_14564" align="aligncenter" width="588"] Bison cows and calves graze on Turner’s Standing Butte Ranch, one of nine properties he owns on the Great Plains.[/caption] This challenging mission statement highlights Turner’s unique capacity — to use Mike Phillips’s insight — to drive to the most important common denominator. “When I managed Vermejo Park and the Flying D for Ted, I always had the view that first and foremost, Turner Ranches was in the grass business. It’s been three years since I took over for Russ Miller and now oversee all the ranches. And I’ve been overlaying that philosophy on all of our ranches. Everybody wants to talk bison. Bison are sexy. They’re in vogue. But bison are really a means to take our grass crop and market it or monetize it. Let’s broaden that out a little bit. It’s not grass we’re monetizing. It’s habitat. How we manage these properties makes the habitat on them, the forage, and the soils underneath the forage either more vibrant, more resilient, and more diverse, or less. That is the basis of our management of Turner Ranches. We do spend a lot of time talking about bison and bison production, but at the core of what we do, it’s really all about the habitat,” Kossler says. Yet it’s only when Kossler shares a second anecdote that the Turner Ranches’ mission statement and its balance of commerce and conservation comes into focus. “A year ago, we had a catastrophic fire on the Z Bar Ranch in Kansas. It encompassed 450,000 acres and burned off 96 percent of the Z Bar. Our bison herd there is 800 cows and a complement of yearlings and breeding bulls. But we lost just six animals. Why so few? Because of our prairie dogs. By nature, prairie dogs overgraze. That’s why so many ranchers consider them pests. They kill off perennial vegetation and leave bare ground and burrows. Which is why the bison went to the prairie dog town. They hunkered down where there was no grass to burn, and the fire blew right around them. It was hot and fast moving, and the losses could have been sky-high. But we manage for habitat, and on the Z Bar, that includes non-commodity species like prairie dogs,” he says. [caption id="attachment_14565" align="aligncenter" width="588"] Balancing conservation and commerce has been a hallmark of the visionary landowner.[/caption] Ultimately, The Land Report did not select Ted Turner as its 2017 Legacy Landowner for a single accomplishment, such as assembling the most diverse portfolio of private land nationwide or championing the bison and building the world’s largest private herd. For that matter, it wasn’t for a series of accomplishments. It was because of his attitude — “his incredible enthusiasm,” to reiterate the phrase John Malone used. That enthusiasm has enabled him to impact millions on earth who don’t know his household name, don’t recognize his famous face, and aren’t familiar with a single one of his accomplishments. “Ted has done more for humanity with a focus on the environment than anybody who has ever lived,” says Mike Phillips. “Now, let’s think about this for a moment. You can forget everybody that lived before 1850. Forget them all. No one who lived before 1850 counts because they weren’t too terribly concerned about the humanization of the planet, the degradation of the planet through human activities. So we’re only talking about contemporary folks. Then you think about Theodore Roosevelt or Jimmy Carter. They both did tremendous things, but they did so as public servants. You think about groups like The Nature Conservancy. They do beautiful work, but they’re a member-based organization. So show me, find me, tell me one private individual who has done more for humanity with a focus on the environment besides Ted Turner,” Phillips asks. [caption id="attachment_14566" align="aligncenter" width="588"] Turner created his own restaurant collection to better utilize and promote the bison.[/caption] And where does the impetus come from to make such an earth-changing impact on your fellow man? Taylor Glover volunteers the answer. “Bringing ecosystems back into balance by reintroducing native species like bison and rainbow trout is a virtuous cycle that excites Ted,” he says]]> 14557 0 0 0 https://landreport.com/2017/11/lennar-to-pay-5-7-billion-for-calatlantic/ Wed, 29 Nov 2017 07:00:59 +0000 https://www.landreport.com/?p=14570 Continued confidence in a robust US economy was reiterated by the announcement of the largest merger in the housing industry since the onset of the Great Recession. Miami-based Lennar Corp. agreed to buy CalAtlantic Group (formerly known as Standard Pacific Corp.) for $5.7 billion. If the transaction is approved by shareholders of both companies, the combined entity would become the nation’s largest home builder with revenues of $17 billion and a market capitalization of $18 billion. In addition, the new company would be one of the top three home builders in 24 of the top 30 markets nationwide. Click here to read more. ]]> 14570 0 0 0 https://landreport.com/2017/11/must-see-movie-rancher-farmer-fisherman/ Thu, 30 Nov 2017 07:00:28 +0000 https://www.landreport.com/?p=14573 Discovery’s Rancher, Farmer, Fisherman is now available on demand and on Discovery Go. Watch it. Normally, I would insist you see Rancher, Farmer, Fisherman via my Editor’s Note. However, a large body of research has proven that page to be the least popular in most magazines. Thus, I am shifting my advocacy to FrontGate. An official selection of the 2017 Sundance Film Festival, Discovery’s Rancher, Farmer, Fisherman is completely captivating, especially for those of us with ties to the land. No doubt part of this comes from Bob Richman’s superb cinematography of Montana’s Rocky Mountain Front, the Great Plains, and the Gulf of Mexico. Of course, hearing Tom Brokaw’s narration packs a punch as well. You know the project is a good one if Tom is involved. Filmmakers Susan Froemke and John Hoffmann bring to life Miriam Horn’s book of the same name by keying in on the honest voices of hard-working Americans committed to preserving the landscapes that sustain their livelihoods. Dusty Crary (pictured above with son Carson) sets the tone in the opening vignette. Dusty’s openness about his motivations is a terrific example of the film’s honesty: “This isn’t guaranteed to stay this way. I look at Carson and think, ‘Man, if there’s something I can do that will allow him to at least enjoy some of these things that I’ve been able to, I wouldn’t be much of a man if I didn’t feel some obligation to keep that intact for everybody.’” It’s that good.]]> 14573 0 0 0 https://landreport.com/2017/12/farmland-values-in-the-corn-belt-swing-to-positive/ Mon, 04 Dec 2017 07:00:38 +0000 https://www.landreport.com/?p=14576 Despite lower prices for corn and beans, ag land values in the all-important Seventh Federal Reserve District increased 1 percent. This gain was not only for the second quarter over the first quarter of 2017, but it also applied on a year-over-year basis versus 2016. – The Editors NATIONAL — TREND According to the USDA, projected revenues from the 2017 US corn and soybean harvests will be down 7.3 percent and 2.1 percent, respectively, from a year ago. These projections are based on the midpoints of interval price forecasts for the 2017-18 crop year: $2.90 to $3.70 per bushel for corn and $8.40 to $10.40 per bushel for soybeans. MIDWEST — FOCUS Late planting, too much rain, replanting — these and other factors pointed toward a rally in corn and soybean prices. On top of that, drought-like conditions drifting in off the Great Plains plagued the Corn Belt. Despite these factors, the hoped-for rally in corn and bean prices failed to take place. The culprit? Immense stocks in storage from last year’s record harvests. Meanwhile, the price of livestock products jumped 10 percent over 2016. But as cattle operators know all too well, that’s still 11 percent below 2015 levels. Go to www.ChicagoFed.org to download a complete copy of the Seventh Federal Reserve District’s AgLetter.]]> 14576 0 0 0 https://landreport.com/2017/12/the-land-report-top-ten-fall-2017/ Tue, 05 Dec 2017 00:00:30 +0000 https://www.landreport.com/?p=14577 Cielo Vista Ranch and its amazing array of mountain peaks sold in August. – The Editors 1. NEW! Molokai Ranch (Hawaii): $260 million This 55,574-acre ranch ranks as one of the Aloha State’s largest and encompasses more than one-third of Hawaii’s fifth-largest island, Molokai. Assets include two hotels, two golf courses, and more than 48,000 acres of agricultural land. Listed by Scott Carvill and Vicki Yu of Carvill Sotheby's International Realty. 2. Sandow Lakes Ranch (Texas): $250 million This 33,777-acre acre Central Texas property is being sold by Alcoa. Bernard Uechtritz of Briggs Freeman Sotheby’s International Real Estate has the listing. 3. Gemini (Florida): $165 million Originally listed for $195 million, the Ziff family’s South Florida compound features 1,200 feet of Atlantic Ocean frontage and about 1,300 feet on the Intracoastal Waterway. Listed with Todd Peter and Christina Condon of Sotheby’s International Realty. 4. West Creek Ranch (Colorado): $149 million Discovery Channel creator John Hendricks’s 6,900-acre ranch straddles the Colorado—Utah line outside of Gateway, Colorado. Kerry Endsley with LIV Sotheby’s International Realty has the listing, which includes stunning Unaweep Canyon 5. Las Varas Ranch (California): $108 million These 1,800 acres just west of Santa Barbara encompass more than two miles of Pacific Ocean frontage. Listed with Kerry Mormann of Berkshire Hathaway HomeServices and Anthony Punnett of Douglas Elliman Real Estate. 6. SOLD! Cielo Vista Ranch (Colorado): $105 million Thousands of elk, a resident herd of bighorn sheep, and deeded ownership of 14,000 acres are a few high points of this 83,628-acre Sangre de Cristo ranch, which The Denver Post reports was acquire d by William Bruce Harrison of Houston. 7. Cross Mountain Ranch (Colorado): $100 million With 56,050 deeded acres and 168,000 leased, this Northern Colorado ranch stretches over four counties and is home to the largest elk herd in North America. Located 45 minutes from Steamboat Springs. Listed with Ken Mirr of Mirr Ranch Group. 8. Nottingham Ranch (Colorado): $100 million Surrounded by millions of acres of national forest and BLM land, this cattle ranch carries 1,200 animal units and includes 1,200 acres of pivot irrigation and 2,000 acres of flood irrigation. Listed by Ed Swinford and Brent Rimel with Slifer Smith and Frampton. 9. Pumpkin Key (Florida): $95 million This 26-acre island in the Florida Keys sits between Key Largo and the mainland. Improvements include a main residence, two caretaker’s cottages, a dock master’s apartment, and an office. Accommodations and dockage at Ocean Reef transfer. Russell Post of Russell Post Sotheby’s International has the listing. 10. NEW! Veale Ranch (Texas): $95 million Located 11 miles from downtown Fort Worth, this working cattle ranch is an outstanding long-term investment with substantial development opportunities and key highway and rail access in place. Listed by Bryan Pickens with Republic Ranches.]]> 14577 0 0 0 https://landreport.com/2017/12/piecing-a-classic-back-together/ Wed, 06 Dec 2017 07:00:30 +0000 https://www.landreport.com/?p=14581 In 1995, two decades after his initial acquisition, the filmmaker acquired the remaining physical assets of the Inglenook Estate, including the stately Niebaum Chateau, which he subsequently renovated and returned to its original glory. In 2011, he completed this labor of love when he acquired the iconic Inglenook trademark from The Wine Group.

  “There are great old things that are broken apart and sold off to companies and split into pieces, like the movie studios, for instance. And that’s what happened to Inglenook.” – Francis Ford Coppola, The Land Report, July 2007

  ]]> 14581 0 0 0 https://landreport.com/2017/12/2017-land-report-100/ Fri, 01 Dec 2017 07:00:02 +0000 https://www.landreport.com/?p=14587 America's largest landowners continue to increase their holdings. That's one of the many takeaways from the 2017 Land Report 100 sponsored by LandLeader. Liberty Media chairman John Malone retained the top spot as the nation's largest landowner with 2.2 million acres, and his good friend Ted Turner ranks No. 2 with 2 million acres. Worth noting is that in 2017 the combined acreage owned by the country's 100 largest landowners increased by more than 2 million acres, an area greater than the land mass of Delaware. The Class of 2017 includes more than half a dozen new faces, including Subway cofounder Peter Buck (No. 11) and Interactive Brokers Group chairman Thomas Peterffy (No. 19). Buck, who nearly cracked the Top Ten with 800,000 acres, has vast timberland holdings in Maine totaling more than 1,000 square miles. Peterffy snapped up one of the country's prime timber forests, paying more than $710 million for Florida's Foley Land and Timber, which totals 561,000 acres. Read the 2017 Land Report 100 HERE. In addition to our landmark survey, be sure to read T. Boone Pickens' account of why he's selling his beloved Mesa Vista Ranch in the Texas Panhandle. The asking price? $250 million. Read the 2017 Land Report 100 HERE.]]> 14587 0 0 0 https://landreport.com/2017/12/land-report-top-10-molokai-ranch/ Thu, 14 Dec 2017 07:00:07 +0000 https://www.landreport.com/?p=14589 Totaling 55,575-acres, Molokai Ranch is the most significant offering in the state of Hawaii; the new owner will be among the top five private landowners in the state. Molokai Ranch offers a remarkable combination of towering sea cliffs, secluded beaches, prime pastureland and tropical rainforests. In addition to the ranching operations, this extraordinary property consists of agricultural lands, nature preserves, and commercial, residential, golf course, oceanfront resort hotel, and upcountry lodge properties spanning over 300 parcels. Listed by Scott Carvill and Vicki Yu of Carvill Sotheby's International Realty for $260 million. ]]> 14589 0 0 0 https://landreport.com/2017/12/land-report-december-2017-newsletter/ Fri, 15 Dec 2017 07:00:29 +0000 https://www.landreport.com/?p=14596 Enjoy the fascinating stories of America’s leading landowners as the Magazine of the American Landowner presents the 2017 Land Report 100 sponsored by LandLeader. With 2.2 million acres, Liberty Media chairman John Malone retains the top spot; his good friend Ted Turner ranks No. 2 with 2 million acres. New names added to our list this year include Peter Buck, the cofounder of Subway, and Thomas Peterffy, chairman of Interactive Brokers Group. Get the 2017 Land Report 100 HERE. For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on  Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 14596 0 0 0 https://landreport.com/2017/12/chicago-fed-reports-minimal-change-over-last-year/ Tue, 19 Dec 2017 07:00:37 +0000 https://www.landreport.com/?p=14598 Farmland values in the Seventh Federal Reserve District saw a year-over-year decrease of 1 percent in the third quarter of 2017. The Midwest has not experienced a year-over-year decrease or increase in agricultural land values greater than 1 percent in the past four quarters. This level of stability in farmland values has not occurred in the Midwest since 1970. District bankers envision the same course of events through the end of 2017. With the exception of cattle producers, livestock operators saw improvements in prices during the third quarter of 2017 relative to the same quarter of a year earlier. According to the USDA, many prices for agricultural commodities remained fairly close to their levels of a year ago. Some actually rose. Click here to read more. ]]> 14598 0 0 0 https://landreport.com/2018/01/its-time-to-sell-my-ranch/ Thu, 04 Jan 2018 07:00:52 +0000 https://www.landreport.com/?p=14603 by T. Boone Pickens | Photography by Wyman Meinzer Growing up in Holdenville, Oklahoma, I once walked five miles from town down to the banks of the Canadian River and back to earn a Boy Scout merit badge. Today, some 80 years later, that very same Canadian River remains a fixture in my life. It forms the northern boundary of my 65,000-acre Mesa Vista Ranch in the northeast corner of the Texas Panhandle. The ranch’s name is a tribute to the stunning mesa views across the Canadian that signal the southern edge of the Great Plains. Years ago, at a high school commencement speech for my grandson, I offered to trade the Mesa Vista (and my jet and my billion-dollar bank account) to any graduating senior. There was a catch. They got my ranch and the G-V and the money, but I got their future. Sounds like a helluva deal, and it was. For me. [caption id="attachment_14606" align="aligncenter" width="588"] Ray Sasser at the Dallas Morning News calls the Mesa Vista “the finest quail-hunting spot in the known universe.”[/caption] Today, however, trading my ranch is off the table. But selling it is not. I’m officially putting it on the market. Asking price: $250 million. Selling the Mesa Vista is the prudent thing for an 89-year-old to do. It’s time to get my life and my affairs in order. There are many reasons why the time is right for me to sell the Mesa Vista now, not the least of which is to ensure that one of the most magnificent properties in the world ends up in the hands of an individual or a group of buyers who share my conservation ethic. Reflecting back on my career, one of my keys to success has been an ability to accept and embrace change. That has been especially true in the fourth quarter of my life. Several years ago, my longtime personal doctor said he had good news and bad news for me. “Shoot straight,” I told him. “Well, the good news is you’re going to live to be 110. The bad news is you won’t be able to hear or see in three years,” he said. “Hell, I’m already there,” I countered. Slowly but inevitably, my fading vision and limited hearing have forced me to give up things I’ve loved and excelled at – golf and hunting, in particular. Although the beauty of Mesa Vista remains intact, the ranch roads I have driven thousands of times are now blurred. Can I hear a flock of turkeys noisily roosting in one of the cottonwoods by the Lodge? Of course I can. But can I pick out a single gobbler? Probably not. It’s time to embrace and accept that my life has changed. [caption id="attachment_14607" align="alignleft" width="239"] Pickens and his good friend Ted Turner have both graced the cover of the Magazine of the American Landowner on two occasions.[/caption] My hopes for the Mesa Vista and my plans for its future remain as vivid as they were when I began assembling the ranch 46 years ago. I initiated a multidecade program to help the land heal and, over time, invested millions of dollars on wildlife management programs and facilities to create what many believe is the best quail hunting in the world. My friend Ray Sasser, the outdoor writer for the Dallas Morning News, called the Mesa Vista “the finest quail-hunting spot in the known universe.” We have minimal cattle grazing on the ranch, preferring instead to let the land revert to pristine prairie conditions much as it had been in centuries past. And the Mesa Vista is water rich in ways I am hard pressed to convey. Roberts County sits over the Ogallala Aquifer, the largest groundwater reservoir in the US and one of the largest in the world. The Ogallala spans eight Great Plains states and covers some 174,000 square miles. This reservoir is estimated to contain over three billion acre-feet of water, and it stretches from south of the ranch near Midland clear up to South Dakota. That’s enough water to cover all 50 states 18 inches deep. It shouldn’t surprise you to learn that my ranch is the only place I’ve ever drilled that I had never had a dry hole. We hit water every time. Thanks to this God-given gift, the Mesa Vista is blessed with miles of creeks, acres of wetlands, and nearly 20 lakes of varying size. In addition, the ranch’s water rights total approximately 42,000 acres. That means the next owners of the Mesa Vista will be able to utilize 42,000 acre-feet of water per year as they see fit. And that includes selling it on the open market. In 1971, when I bought the first parcel of what would become the Mesa Vista, there was only one structure on it: a tiny metal building that was used to store blocks of cattle supplement that ranchers call cake. So we called it the Cake House. And when it got really cold or the wind picked up, I’d grab my bird dogs and we’d duck inside. We wouldn’t get warm; we just weren’t near as cold. A lot of things have changed since then. Ae Mesa Vista has grown from 2,940 acres to almost 65,000 acres. That’s more than 100 square miles. And the accommodations we’ve built are first rate. [caption id="attachment_14608" align="aligncenter" width="588"] The Lake House is one of the many world-class improvements that have been built on the Mesa Vista. Crafted from Lueders limestone, it totals 12,000 square feet indoors and has 4,000 feet of porches and patios that offer stunning views of the Texas Panhandle in all directions.[/caption] There’s the Lake House, a spectacular 12,000-square-foot getaway with 4,000 additional square feet of porches (above). With 33,000 square feet, the Lodge hosts much larger groups. It has a huge great room, an expansive media center, my library, and several dining options. The 6,000-square-foot Family House is completely self-contained and is a short walk to the Lodge as is Ae Pub. The Gate House is a short drive away. My bird dogs are housed in a 12,000-square-foot kennel, and we built a 6,000-foot runway with its own 25,000-square-foot hangar. There’s a lovely chapel that has a glorious view of the mesas and has seen marriages and, sadly, funerals. Staff housing is spread out all across the ranch. Some of the numbers associated with the improvements are substantial. Here’s a for-instance: nearly 16,500 semi-loads of materials were required to construct the buildings I just mentioned. I personally directed the placement — or replacement — of 20,000-plus trees. Mesa Vista Ranch’s unique combination of pristine prairie and world-class amenities have provided an unparalleled venue for some of our nation's most influential political and business leaders to share their insights on matters of critical importance to our times such as national security, economic policy, energy issues, and philanthropic investments. The Mesa Vista has been a labor of love that has occupied the better part of my life. And I intend for a lot more good to come from the sale of the ranch. To date, my charitable giving exceeds $1 billion. Much of the proceeds from the sale of my ranch will be directed to The T. Boone Pickens Foundation to fund a variety of philanthropic and charitable commitments. I see the marketing and sale of my beloved ranch as a new beginning — for the Mesa Vista’s new owners, for the recipients of my charitable giving, and, yes, like it or not, for me. Monte Lyons of Hall and Hall Ranch Partners and Sam Middleton of Chas. S. Middleton and Son have been selected to represent T. Boone Pickens in the sale of the Mesa Vista Ranch. For additional information, go to www.hallhall.com & www.chassmiddleton.com.]]> 14603 0 0 0 https://landreport.com/2018/01/the-land-report-top-ten-winter-2017/ Wed, 10 Jan 2018 07:00:00 +0000 https://www.landreport.com/?p=14610 Nottingham Ranch in Eagle County, Colorado[/caption]

  The Lone Star State dominates the leader board with four of the nation’s leading listings. – The Editors

  1. Molokai Ranch (Hawaii): $260 million This 55,574-acre ranch ranks as one of the Aloha State’s largest and encompasses more than one-third of Hawaii’s fifth-largest island, Molokai. Assets include two hotels, two golf courses, and more than 48,000 acres of agricultural land. Listed by Scott Carvill and Vicki Yu of Carvill Sotheby's International Realty. 2. NEW! Mesa Vista Ranch (Texas): $250 million Boone Pickens’ 100-square-mile masterpiece has been deemed “arguably the finest quail hunting spot known in the universe.” Learn more about this model of conservation and habitat management by Boone himself here. Listed by Monte Lyons of Hall and Hall and Sam Middleton of Chas S. Middleton & Son. 3. Sandow Lakes Ranch (Texas): $250 million This 33,777-acre acre Central Texas property is being sold by Alcoa. Bernard Uechtritz of Briggs Freeman Sotheby’s International Real Estate has the listing. 4. Gemini (Florida): $165 million Originally listed for $195 million, the Ziff family’s South Florida compound features 1,200 feet of Atlantic Ocean frontage and about 1,300 feet on the Intracoastal Waterway. Listed with Todd Peter and Christina Condon of Sotheby’s International Realty. 5. West Creek Ranch (Colorado): $149 million Discovery Channel creator John Hendricks’s 6,900-acre ranch straddles the Colorado—Utah line outside of Gateway, Colorado. Kerry Endsley with LIV Sotheby’s International Realty has the listing, which includes stunning Unaweep Canyon. 6. Las Varas Ranch (California): $108 million These 1,800 acres just west of Santa Barbara encompass more than two miles of Pacific Ocean frontage. Listed with Kerry Mormann of Berkshire Hathaway HomeServices and Anthony Punnett of Douglas Elliman Real Estate. 7. Cross Mountain Ranch (Colorado): $100 million With 56,050 deeded acres and 168,000 leased, this Northern Colorado ranch stretches over four counties and is home to the largest elk herd in North America. Located 45 minutes from Steamboat Springs. Listed with Ken Mirr of Mirr Ranch Group. 8. Nottingham Ranch (Colorado): $100 million Surrounded by millions of acres of national forest and BLM land, this cattle ranch carries 1,200 animal units and includes 1,200 acres of pivot irrigation and 2,000 acres of flood irrigation. Listed by Ed Swinford and Brent Rimel with Slifer Smith & Frampton. 9. Rancho Agua Grande (Texas): $100 million Located where the Texas Hill Country meets the Edwards Plateau, these 17, 132 acres rank as one of the most significant live water ranches on the market in the Lone Star State today. Listed by Howard Hood with Hood Real Estate. 10. Veale Ranch (Texas): $95 million Located 11 miles from downtown Fort Worth, this working cattle ranch is an outstanding long-term investment with substantial development opportunities and key highway and rail access in place. Listed by Bryan Pickens with Republic Ranches.]]> 14610 0 0 0 It’s Time to Sell My Ranch]]> https://landreport.com/2018/01/land-report-january-2018-newsletter/ Mon, 15 Jan 2018 07:00:22 +0000 https://www.landreport.com/?p=14624 The bull market for land that took shape in 2017 continues to stoke sales in the new year. Fueled by a broad range of factors including consumer confidence, robust equity markets, and cheap money, it may gain further momentum with the implementation of the biggest tax cut in decades. Pertinent reads in our January newsletter include:
  • Washington’s Weidert Farm sells to Farmland LP
  • The donation of California's Bixby Ranch to The Nature Conservancy
  • President Trump's speech to the American Farm Bureau Federation
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on  Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 14624 0 0 0 https://landreport.com/2018/01/sold-the-nature-conservancy-acquires-24000-acre-bixby-ranch/ Mon, 15 Jan 2018 07:00:18 +0000 https://www.landreport.com/?p=14659 Esri founders Jack and Laura Dangermond funded the acquisition of the landmark Santa Barbara County holding where Northern California meets Southern California. “This is an incredibly rare, ecologically important place with eight miles of coast and centuries-old coastal oak woodlands,” said Jack Dangermond, whose firm is a global market leader in geographic information system (GIS) software. “This deserves to be preserved and managed by an organization like The Nature Conservancy.” Known locally as the Bixby Ranch, the tract will be renamed The Jack and Laura Dangermond Preserve. Read more HERE.]]> 14659 0 0 0 https://landreport.com/2018/01/president-trump-touts-tax-cuts-revised-estate-tax-to-farmers/ Fri, 19 Jan 2018 07:00:16 +0000 https://www.landreport.com/?p=14662 President Trump speaks at the American Farm Bureau Federation's annual convention in Nashville, Tenn., on Monday. | Jim Watson/AFP/Getty Images[/caption] A friendly audience welcomed President Trump to Nashville on earlier this month as he addressed the American Farm Bureau Federation. One major reason: The administration’s $1.5 trillion tax cut, which the president signed into law in December. A major overhaul of the tax code, it lowers tax rates for family-owned farms that operate as corporations. Many individuals will see lower tax rates as well. In addition, the tax cut doubles the size of estates that can be passed onto heirs tax-free from $5.5 million to $11 million ($22 million for married couples). Farmers are still apprehensive about the administration’s threats to withdraw from the North America Free Trade Agreement (NAFTA) as it did the Trans-Pacific Partnership. Click here to read more.]]> 14662 0 0 0 https://landreport.com/2018/01/sold-farmland-lp-to-acquire-weidert-farm/ Mon, 22 Jan 2018 07:00:39 +0000 https://www.landreport.com/?p=14666 The sustainable farmland investment fund beat out all comers to acquire Weidert Farm, a 6,000-acre agricultural powerhouse in Washington’s Walla Walla Valley. “We appreciate the strong interest Weidert Farm garnered from investors and local farmers,” said Peoples Company President Steve Bruere, who oversaw the international marketing effort. “Farmland LP’s commitment to sustainable agriculture and land management makes them an ideal buyer for this exceptional piece of property that has enormous potential.” Formed in 2009, Farmland LP seeks to add value to farmland by converting it to organic, sustainable agriculture. The company manages more than 12,500 acres in Northern California and Oregon’s Willamette Valley. Click here to read more.]]> 14666 0 0 0 https://landreport.com/2018/01/the-bull-breaks-loose-land-transactions-finished-on-a-tear-in-2017/ Wed, 24 Jan 2018 07:00:39 +0000 https://www.landreport.com/?p=14671

  Record employment numbers. Equity markets at all-time highs. The largest overhaul of the tax code in decades. No wonder land transactions finished on a tear in 2017.

  Pick a market, any market. Almost all seem to be buzzing with activity, even the ones trending sideways. In Oklahoma, Brenda Moerschell and Angie Nelson of Briggs Freeman Sotheby’s International Realty just sold a 6,000-acre working cattle ranch called the Lazy S, which was listed for $10-plus million. Bryan Pickens reports that Barefoot Ranch, a $59.5 million East Texas recreational retreat co-listed by Republic Ranches and Briggs Freeman, closed just before the holidays. Credit Sam Middleton as the buyer’s broker. “As soon as oil broke the $60 mark, larger land investors re-engaged,” Pickens says. In the Rocky Mountains, Ken Mirr of Denver-based Mirr Ranch Group is seeing activity in long dormant areas. “I’m pretty bullish right now. We have a number of first-quarter closings scheduled. Commodities, cattle, equity markets – everything is moving up,” he says. In Des Moines, Peoples Company CEO Steve Bruere just announced that Farmland LP emerged as the buyer of 6,000-acre Weidert Farm in Washington’s coveted Walla Walla Valley.]]> 14671 0 0 0 https://landreport.com/2018/01/2017-land-report-100-peter-buck/ Tue, 30 Jan 2018 07:00:25 +0000 https://www.landreport.com/?p=14687

  No. 11 Peter Buck

  800,000 acres (NEW TO LIST) Subway cofounder joins Land Report 100 at No. 11 Trained as a nuclear physicist at Columbia University, Peter Buck loaned family friend Fred DeLuca $1,000 in 1965. The goal? To open a sandwich shop that would help DeLuca pay his way through the University of Bridgeport. The first Pete’s Super Submarines didn’t make it; a later concept called Subway not only survived but has since grown into the world’s most popular restaurant concept with 45,000 locations. Buck has vast investments in Maine timberland totaling more than 800,000 acres. Click here to read more.]]> 14687 0 0 0 https://landreport.com/2018/02/bob-funk-awarded-sooner-states-highest-honor/ Thu, 08 Feb 2018 07:00:29 +0000 https://www.landreport.com/?p=14699 In addition to ranking as one of the nation’s largest landowners, Robert A. Funk cofounded Express Employment Professionals, the country’s largest privately owned staffing firm. Last year, it enjoyed revenues of more than $3 billion and employed more than 500,000 people. All told, Express Employment has helped more than 5 million people secure employment over the last 30 years. For these accomplishments and countless others, Funk was inducted into the Oklahoma Hall of Fame in November. Emmy Award winner Tom Selleck presented the Hall of Fame medal. Click here for the 2017 class of America’s largest landowners. ]]> 14699 0 0 0 https://landreport.com/2018/02/2017-land-report-100-john-malone/ Wed, 14 Feb 2018 07:00:36 +0000 https://www.landreport.com/?p=14704 POISED TO STRIKE. Tapwrit (center) readies to challenge Irish War Cry in the 2017 Belmont Stakes. The Tapit colt trained at the Malones’ Bridlewood Farm in Ocala.[/caption]

  No. 1 John Malone

  2,200,000 acres Leslie and John Malone acquired Florida’s historic Bridlewood Farm in August 2013. More than 100 stakes winners have been bred and raised under the Bridlewood name, including the 2004 Kentucky Derby and Preakness Stakes winner Smarty Jones. That tradition not only continues under the Malones’ stewardship but was embellished when Tapwrit won the 2017 Belmont Stakes. Not only did the Tapit colt train at Bridlewood, but the Malones own a share of the stakes winner. “We’re approaching retirement age, and we were originally thinking of a retirement place. And the thrill and excitement of the Thoroughbred industry, coupled with the opportunity to preserve such a famed operation, was an opportunity too good to pass up,” John Malone told The Blood-Horse.]]> 14704 0 0 0 https://landreport.com/2018/02/2017-land-report-100-ted-turner/ Fri, 16 Feb 2018 07:00:03 +0000 https://www.landreport.com/?p=14707 RISE AND SHINE! Ted Turner and Dixie at the ready prior to a morning in the field at Florida’s Avalon Plantation.[/caption]

  No. 2 Ted Turner

  2,000,000 acres In late 2016, the Magazine of the American Landowner recognized Turner’s lifelong commitment to conservation by honoring him with its Legacy Landowner award. His dedication to conservation is a lifelong phenomenon that dates back to his earliest days and has remained a continuous touchstone. According to longtime friend Tom Brokaw, “[Ted] cares about land organically. He knows the birds on the wing. He knows the flowers. He knows the grass. When he turned 75, somebody sent me a description of what he was like when he was a kid. He was a great birder. He was a taxidermist. So when I hunt with him, he’s very attentive to the process. He wants to make sure he gets it right.” Click here to see the 2017 class of America’s largest landowners.]]> 14707 0 0 0 https://landreport.com/2018/02/2017-land-report-100-emmerson-family/ Thu, 22 Feb 2018 07:00:18 +0000 https://www.landreport.com/?p=14710 CAP-AND-TRADE. Sierra Pacific Industries is developing several forest carbon projects and has issued nearly 780,000 carbon credits.[/caption]

  No. 3 Emmerson Family

  1,959,666 acres (up 9,666 acres) The Emmersons’ Sierra Pacific Industries relies on 5,000 crew members to manage nearly 2 million acres of California and Washington timberland, run more than 20 facilities, and market finished products across North America. The company recently brought online a state-of-the-art sawmill in Shelton, Washington. The Shelton mill can produce 500 million board feet of two-by-fours, two-by-sixes, and four-by-fours annually and is the latest addition to a list of plants that includes 14 sawmills, 3 millwork-and-remanufacturing plants, 3 window-and-door plants, and a bark-and-chip plant. The company also operates seven biomass cogeneration energy plants that turn “wood waste” into more than 150 megawatts of electrical power for homes and businesses. Click here to see the 2017 class of America’s largest landowners.]]> 14710 0 0 0 https://landreport.com/2018/02/land-report-february-2018-newsletter/ Thu, 15 Feb 2018 07:00:38 +0000 https://www.landreport.com/?p=14714 A major win for conservation along Colorado's increasingly crowded Front Range tops our roster of stories this month:
  • • Douglas County pays $18.75 million to acquire Colorado's Sandstone Ranch.
    • A 717-acre Nebraska farm goes for $2,440 per acre.
    • Hayden Outdoors Breaks $250 Million Mark in 2017.
    • Wall Street Journal selects Dancing Wind Ranch as House of the Year.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on  Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 14714 0 0 0 https://landreport.com/2018/03/2017-land-report-100-stan-kroenke/ Fri, 02 Mar 2018 07:00:08 +0000 https://www.landreport.com/?p=14721 THE ESSENCE OF LIFE. Since acquiring Montana’s Broken O, Kroenke Ranches has taken steps to restore 40 miles of spring creeks.[/caption]

  No. 4 Stan Kroenke

  1,380,000 acres One of the greatest opportunities awarded to private landowners is the restoration and enhancement of the lands they steward. At Kroenke Ranches, this includes initiatives at Montana’s Broken O Ranch and Texas’s Waggoner Ranch. On the Broken O, focal points include upland bird enhancement as well as stream and wetland restoration. Given the Broken O’s 40-plus miles of spring creeks, the latter is a massive undertaking that incorporates a survey and engineering design team to guide the construction efforts. On the Waggoner, wildlife enhancement was initiated with hiring a quail biologist and wildlife staff. The focal point on the Waggoner is the reduction of Mesquite density to 20 percent to create ideal quail habitat through water retention and vegetative diversity. Helicopter surveys have indicated that quail populations are already on the rise as a result of the enhancement work.]]> 14721 0 0 0 https://landreport.com/2018/03/sold-douglas-countys-sandstone-ranch/ Thu, 08 Mar 2018 07:00:34 +0000 https://www.landreport.com/?p=14729 Ken Mirr of Mirr Ranch Group brokers $18.75 million transaction featuring “one of the most remarkable landscapes in the Front Range.” Almost a decade has passed since Sandstone Ranch first appeared on The Land Report’s radar screen. At the time – March 2008 – the 2,038-acre parcel was being developed as 114 equestrian and non-equestrian homesteads by M3 Companies. Then the Global Financial Crisis hit. Next, we heard the project was tabled. Now we learn that Denver broker Ken Mirr brokered the sale of those same 2,038 acres to Douglas County. The sale closed in January. “This purchase marks an extraordinary move by Douglas County, and it took a collaborative effort to get this done. In over 25 years in handling conservation properties throughout the West, Sandstone Ranch may be one of most remarkable landscapes in the Front Range and worthy of protection,” said Mirr at Mirr Ranch Group. Douglas County’s $18,750,000 acquisition was achieved in part with sales and use tax revenue from the voter-approved Douglas County Open Space Fund, revenues exclusively dedicated to the protection of open space, and as well as for funding county parks. “We recognize that the Sandstone Ranch acquisition is so much more than just the preservation of 2,038 acres,” said Roger Partridge, on behalf of the board of county commissioners. “It is the preservation of the county’s history, heritage, wildlife habitat, as well as other cultural and natural resources — a quality of life investment for present and future generations.” Founded in 1994, the Douglas County Open Space Program has protected more than 63,000 acres, including Sandstone Ranch. This has been accomplished via fee purchases and conservation easements. Partners include Great Outdoors Colorado, Colorado Division of Wildlife and Parks, land trusts, and private landowners. Read more HERE.]]> 14729 0 0 0 https://landreport.com/2018/03/corn-belt-ag-values-edge-slightly-higher-in-2017/ Wed, 14 Mar 2018 07:00:59 +0000 https://www.landreport.com/?p=14736 The Chicago Fed reports that a three-year slide in farmland values in the Seventh Federal Reserve District has come to an end. According to senior business economist David Oppedahl, an annual increase of 1 percent in nominal terms was recorded for 2017. After adjusting for inflation, however, the Seventh District actually experienced an annual decrease of 1 percent in farmland values last year. Although the real decline was the fourth in a row for district farmland values, it still has several years to go before it equals the rough patch in the 1980s when seven consecutive years of real declines were registered. Click here to read more. ]]> 14736 0 0 0 https://landreport.com/2018/03/sold-770-acres-of-nebraska-farmland-for-1-75-million/ Mon, 19 Mar 2018 07:00:52 +0000 https://www.landreport.com/?p=14751 Single Bigger Acquires Prime Waterfowl Tract Along North Platte Thirty-one bidders registered for the auction of 770 acres located four miles west of Sutherland; more than 100 attended the January 30 sale. The acreage was offered in four parcels, including North Platte River frontage with sub-irrigated pasture, productive hay meadows, and pivot-irrigated farmland. According to auctioneer Duane McClain of Nebraska Land Brokers, however, most of the active bidding focused on the property in its entirety, not individual parcels. Not surprisingly, the winning bidder was a neighboring landowner. The sale is scheduled to close in March. Click here to read more.]]> 14751 0 0 0 https://landreport.com/2018/03/2017-land-report-100-king-ranch-heirs/ Thu, 29 Mar 2018 07:00:02 +0000 https://www.landreport.com/?p=14769 NEIGHBORING. In the aftermath of Hurricane Harvey, King Ranch South Texas employees spent two weeks assisting residents of hard-hit Rockport.[/caption]

  No. 9 King Ranch Heirs

  911,215 acres On August 25, the costliest hurricane in American history made landfall near Rockport, Texas. King Ranch was spared, but Hurricane Harvey took a terrible toll. In the days that followed, an overwhelming number of King Ranch employees expressed interest in assisting with relief efforts. Starting on Labor Day, King Ranch South Texas employees traveled to Rockport where they would spend two weeks helping to remove large fallen debris, recover sunken boats and cars in collapsed garages, and assist those who did not have the equipment, tools, or means to do so. King Ranch employees also served 2,000 hot meals to victims and volunteers. Virtually every operating segment of King Ranch South Texas contributed to this relief effort in coordination with local authorities in Rockport. Texans helping Texans — it’s the King Ranch way. Click here to see the 2017 class of America’s largest landowners.]]> 14769 0 0 0 https://landreport.com/2018/03/land-report-march-2018-newsletter/ Thu, 15 Mar 2018 07:00:44 +0000 https://www.landreport.com/?p=14773 The Magazine of the American Landowner offers a full slate of stories this month, ranging from donated land to syndicated interests to hedge fund acquisitions.
  • • Broward County to pay $42 million to longtime landowners.
    • The IRS scrutinizes syndicated conservation easements for potential abuse.
    • Rayonier sells 11,000 acres of Florida timberland for $39.8 million.
    • Harvard bet the farm in Brazil — and lost. The nation's largest college endowment takes a $1B write-down.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on  Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 14773 0 0 0 https://landreport.com/2018/04/broward-county-to-pay-42-million-to-acquire-38-acre-palm-tree-farm-next-to-fort-lauderdale-airport/ Wed, 04 Apr 2018 07:00:50 +0000 https://www.landreport.com/?p=14798 Commissioners agree to mediated settlement with family of Florida Congressman Clay Shaw over negative impact of new runway at Fort Lauderdale Airport. When Broward County decided to expand the Fort Lauderdale Airport, adjacent landowners soon found themselves waterlogged. The culprit? Runoff from a newly constructed runway. That was a particular concern to the family of former Congressman E. Clay Shaw (1939—2013). The family’s Dania Farms, which was established in 1937, is Broward County’s oldest palm tree farm, and it also does a thriving business in fruit and citrus trees, plants, and landscape design. According to the Sun-Sentinel, on several occasions the family reached out to the county to alleviate the problem. When the county refused to assist, the family sued. In September 2017, a circuit court ruled in their favor. The two sides ultimately agreed on a $42 million settlement. The county also agreed to pay $573,000 in attorney fees and $285,548 for expert witness fees and other litigation costs. Click here to read more.]]> 14798 0 0 0 https://landreport.com/2018/04/2017-land-report-100-ford-family/ Thu, 05 Apr 2018 07:00:15 +0000 https://www.landreport.com/?p=14801

  No. 12 Ford Family

  783,000 acres (up 158,000 acres) Kenneth Ford (1908—1997) started out with a single sawmill cobbled together with salvaged equipment near Roseburg, Oregon. This year, his heirs acquired their first land outside of the Pacific Northwest when they purchased 158,000 acres of timberland in North Carolina and Virginia. Click here to see the 2017 class of America’s largest landowners. ]]> 14801 0 0 0 https://landreport.com/2018/04/irs-scrutinizes-syndicated-conservation-easements/ Mon, 09 Apr 2018 07:00:07 +0000 https://www.landreport.com/?p=14805 Syndicated conservation easements are costing the federal government more than $1 billion annually, and that lost revenue is raising eyebrows in Washington. According to The Wall Street Journal, in late 2016 the IRS began requiring participants in syndicated conservation easements to notify the agency of these transactions. The rationale? To determine who should be audited. “What started as a critical tool for land preservation has been systematically exploited by bad actors peddling tax shelters to the highest bidder,” said Sen. Ron Wyden of Oregon. The ranking Democrat on the Senate Finance Committee is asking the IRS for further analysis. “Congress must act swiftly to protect the integrity of the conservation easement program. American taxpayers could be on the hook for billions and billions of dollars.” Click here to read more. ]]> 14805 0 0 0 https://landreport.com/2018/04/2017-land-report-100-wilks-brothers/ Tue, 10 Apr 2018 07:00:43 +0000 https://www.landreport.com/?p=14811

  No. 13 Wilks Brothers

  702,000 acres (up 30,000 acres) In 2011, Farris and Dan Wilks sold their 70 percent stake in Frac Tech Holdings for $3.5 billion to a group that included South Korea’s sovereign wealth fund. In addition to significant holdings in their native Texas, the Wilkses have established themselves as the largest private landowners in Montana, snapping up properties such as the 62,000-acre N Bar Ranch from former Land Report 100er Tom Siebel. Click here to see the 2017 class of America’s largest landowners. ]]> 14811 0 0 0 https://landreport.com/2018/04/california-landowner-faces-140-potential-state-and-federal-violations/ Wed, 11 Apr 2018 07:00:40 +0000 https://www.landreport.com/?p=14839 An anonymous tip helped California wildlife officers uncover the worst instance of raptor poaching in state history. Investigators discovered an extraordinary number of rapture carcasses, other dead birds, and wildlife on an 80-acre property belonging to Richard Parker. The 67-year-old was booked into Lassen County jail on multiple charges including take of birds of prey, take of migratory nongame birds as designated by the federal Migratory Bird Treaty Act, take of other nongame birds, and possession of wildlife unlawfully taken. Additional charges may be added as the investigation proceeds. Photo Credit: California Department of Fish and Wildlife Click here to read more. ]]> 14839 0 0 0 https://landreport.com/2018/04/2017-land-report-100-briscoe-family/ Thu, 12 Apr 2018 07:00:44 +0000 https://www.landreport.com/?p=14842

  No. 14 Briscoe Family

  640,000 acres (up 30,000 acres) Three generations of the Briscoe family have stewarded the 100,000-acre Catarina Ranch in South Texas, the epicenter of the family’s thriving cow-calf operation and the linchpin of Briscoe Ranch Company. Click here to see the 2017 class of America’s largest landowners. ]]> 14842 0 0 0 https://landreport.com/2018/04/forest-service-adds-key-tract-to-bridger-teton-national-forest/ Mon, 16 Apr 2018 07:00:29 +0000 https://www.landreport.com/?p=14846 The Trust for Public Land sold the 990-acre Upper Gros Ventre River Ranch to the USFS for $3 million. The previous owner, former Wisconsin Senator Herb Kohl, donated the property to the trust. The ranch sits immediately north of the Gros Ventre Wilderness Area and is considered of vital importance to the Greater Yellowstone Ecosystem. The purchase monies, which were appropriated by Congress from the Land and Conservation Fund, will be used by the trust to support high priority land protection in Wyoming. Click here to read more. ]]> 14846 0 0 0 https://landreport.com/2018/04/sold-manhattan-hedge-fund-acquires-11000-acres-from-rayonier-in-two-tranches-for-39-8-million/ Wed, 18 Apr 2018 07:00:41 +0000 https://www.landreport.com/?p=14854 First Coast Land and Timber has purchased more than 17 square miles of timberland in Northeast Florida from Rayonier, the nation’s third-largest timber REIT. The first tranche, which closed in December, totaled 4,000 acres, and the second tranche, which closed in February, included an additional 7,000 acres. Both purchases involved timberland located between Interstate 95 and US 1. First Coast Land and Timber shares the same New York City address as Ruane, Cunniff & Goldfarb Inc., a hedge fund sponsor that manages Sequoia Fund Inc., an open-ended equity mutual fund begun by the firm. Click here to read more. ]]> 14854 0 0 0 https://landreport.com/2018/04/oconnor-heirs-2017-land-report-100/ Fri, 20 Apr 2018 07:00:44 +0000 https://www.landreport.com/?p=14894

  No. 17 O’Connor Heirs

  587,000 acres (up 7,000 acres) Irish immigrant Thomas O’Connor, a.k.a. “The Texas Cattle King,” was awarded a 4,428-acre land grant in 1834 near present-day Victoria, and the family never looked back. The O’Connors still run cattle on the Coastal Plains, and the O’Connor Field is considered one of Texas’s most prolific. Click here to see the 2017 class of America’s largest landowners.]]> 14894 0 0 0 https://landreport.com/2018/04/2018-land-report-texas-issue/ Sun, 15 Apr 2018 07:00:08 +0000 https://www.landreport.com/?p=14898 Best guns are a passion of our cover subject, Land Report 100er Russell Gordy. Listen in as the native Houstonian tells the Magazine of the American Landowner the story of the world's finest gun store, Gordy & Sons. Other great reads in the our 2018 Texas Special Issue include:
  • Boone Pickens explains why he's selling his beloved Mesa Vista Ranch
  • Region by region analysis of land values in every market statewide
  • Celebrating Veterans Day at the National World War II Museum
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on  Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 14898 0 0 0 https://landreport.com/2018/04/harvard-takes-1-billion-writedown/ Mon, 23 Apr 2018 07:00:51 +0000 https://www.landreport.com/?p=14901 Businessweek reports that Harvard bet the farm in Brazil – and lost. The managers of the nation’s largest university endowment made a substantial investment in a sprawling agricultural development in Northeastern Brazil. According to one analyst, Harvard’s top money managers – who were paid $242 million from 2010 through 2014 – thought they could handle risks almost all other endowments avoided. The result is a recent decision by current endowment chief N.P. “Narv” Narvekar to write down the value of Harvard’s globe-spanning natural resources portfolio last year by $1.1 billion, to $2.9 billion. Click here to read more. ]]> 14901 0 0 0 https://landreport.com/2018/04/land-report-april-2018-newsletter/ Sun, 15 Apr 2018 07:00:04 +0000 https://www.landreport.com/?p=14916 Overachievers, led by Dan and Michael Murphy of Colorado's M4 Ranch Group, were honored at the Realtors Land Institute's Apex Awards in Nashville on March 13. The Murphys took top honors as APEX 2017 Top National Producer. Get the lowdown on the other honorees in our April newsletter along with the following stories:
  • New Mexico's 3,400-acre Imus Ranch sells to RFD-TV founder
  • North Carolina court awards $50 million to neighbors of hog farm
  • The University of Wyoming and Western Landowners Alliance team up
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on  Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 14916 0 0 0 https://landreport.com/2018/05/realtors-land-institute-announces-apex-award-winners/ Tue, 01 May 2018 07:00:22 +0000 https://www.landreport.com/?p=14918 Dan and Michael Murphy of M4 Ranch Group celebrate their APEX 2017 Top National Producer honors.[/caption]

  Dan and Michael Murphy share honors as APEX 2017 Top National Producer at RLI’s National Land Conference last month in Nashville.

  On March 13, the Realtors Land Institute (RLI) recognized the best in the land business with the APEX Awards. Michael and Dan Murphy with Colorado’s M4 Ranch Group shared RLI’s most coveted award, the APEX 2017 Top National Producer. The duo was also recognized as National Broker of the Year for Recreational Land Sales. Other Broker of the Year honorees included Dax Hayden of Hayden Outdoors for Ag Land Sales Ranches; Clint Flowers, ALC, of National Land Realty for Timber Land Sales; Ryan Sampson, ALC, of Eshenbaugh Land Company for Commercial Land Sales; Danny Smith, ALC, of Smith & Smith Realty for Residential Land Sales; and Troy Louwagie, ALC, of Hertz Real Estate Services for Ag Land Sales Crops as well as Auction Land Sales. In addition to being named Broker of the Year in two categories, Louwagie also won the APEX 2017 Wrangler Award for greatest number of transactions closed in 2017. “The APEX 2017 Award winners are the cream of the crop when it comes to conducting land transactions. RLI is proud to be partnered with The Land Report to give these land agents the national industry recognition as a top-producer that they deserve,” said RLI CEO Aubrie Kobernus, MBA, RCE. Click here to read more.]]> 14918 0 0 0 https://landreport.com/2018/05/land-report-library-marfa/ Thu, 03 May 2018 07:00:59 +0000 https://www.landreport.com/?p=14972 Land values in the Trans-Pecos have skyrocketed. In 1998, the median price for an acre of land was $95. In 2017, that same acre of land was selling for $690. And it sold in parcels that averaged 7,032 acres.[/caption]

  In her new book, Kathleen Shafer probes a Far West Texas phenomenon as improbable as the mysterious Marfa Lights.

  Text by Kelly McGee | Photography by Gustav Schmiege III Marfa is more than a trendy town. It has morphed from a pokey county seat into a global brand. Some see it as an art mecca. Others as an international intersection. Think “Last Best Place.” This aura has only been enhanced by the movies and TV shows shot there. Yet none of these descriptions accurately convey the coming of age of this small town with the big vistas. Give Kathleen Shafer credit for dissecting Marfa’s rise from the ashes and sharing with readers a cogent explanation of how and why Marfa came to be what it is today. For more than a century, Marfa was the thriving capital of a cattle kingdom that spanned hundreds of thousands of acres of Far West Texas. But the gradual fragmentation of the great ranches took its toll, and by the early 1970s, the local economy was on life support. [caption id="attachment_14975" align="aligncenter" width="588"] From 2013 to 2017, the annual compound five-year growth rate for rural land values in the Trans-Pecos was a robust 13.88 percent, according to the Real Estate Center at Texas A&M.[/caption] Enter Donald Judd (1928—1994). While Marfa was ailing, Judd was chafing. The renowned minimalist artist found New York’s gallery scene too confining for his oversized creations. So he set out in search of much bigger spaces. Wide-open spaces. Some 20 miles west of Alpine, he found them everywhere he looked. Marfa’s desolate landscape became Judd’s ultimate canvas. Its many empty buildings became studios for his works and the works of artists whom he admired such as Dan Flavin and John Chamberlain. Odd though it may seem, by seeking to escape to nowhere, Judd and his artwork actually created somewhere. Some locals were definitely put off by the arrival of Judd and Co. More than likely, however, they resented the fact that he snapped up much of downtown (16 buildings) and purchased a local landmark, the old Army base, Fort D.A. Russell. But the truth is the locals had little choice but to embrace or at least tolerate Judd. The economic impact of his artistic enterprise was the only thing keeping the town alive. Judd’s zeitgeist did, however, appeal to outsiders like Tim Crowley, a Houston litigator who moved to Marfa in 1997. Two decades later, Crowley opened the 55-room Hotel St. George. His chic hotel is one of hundreds of investments by out-of-towners that have bolstered local tax rolls and expanded the tourism trade. As one Marfa resident put it, “Crowley gave us a place to be cool. He gave us a place to hang out. He brought his rich friends. He invested money.” Success breeds success, which is why films such as No Country for Old Men and There Will Be Blood led to TV shows like I Love Dick. Marfa is now an experience that visitors can enjoy as they choose, be it as a hipster, an urban refugee, or an artist on a mission.]]> 14972 0 0 0 https://landreport.com/2018/05/neighbors-awarded-millions-in-hog-farm-nuisance-case/ Mon, 07 May 2018 07:00:00 +0000 https://www.landreport.com/?p=14981 The Chinese owners of Smithfield Foods are on the hook for $50 million, thanks to a federal court in Raleigh, North Carolina. Ten neighbors filed suit arguing, that the waste treatment methods of the world’s largest pork producer were not only substandard but have been willfully ignored by the company for decades. The plaintiffs’ attorneys singled out anaerobic lagoons where waste from 15,000 hogs was stored behind livestock pens before being liquefied and sprayed onto nearby fields. “These cases are about North Carolina family property rights and a clean environment," attorney Mona Lisa Wallace told The News & Observer. “We are now preparing for the next [trial], which is scheduled for the end of May.” Click here to read more. ]]> 14981 0 0 0 https://landreport.com/2018/05/washington-governor-to-decide-fate-of-solar-farm/ Thu, 10 May 2018 07:00:37 +0000 https://www.landreport.com/?p=14990 Jeff and Jackie Brunson have grown alfalfa, Timothy hay, and other crops on their Central Washington farm in Kittitas County. They want to expand their farming operation to include a solar power lease to Seattle-based Tuusso Energy, and Gov. Jay Inslee will be the decider. A neighbor formed a nonprofit called Save Our Farms to oppose the installation of photovoltaic panels on 200 acres near Ellensburg, including 80 belonging to the Brunsons. County commissioners also rejected a previous solar farm application and subsequently issued a moratorium for all new ones, including the Brunsons’. But now the contentious debate is out of the county’s hands. The state’s Energy Facility Site Evaluation Council has until mid-June to make a recommendation to the governor. “The process really takes away the voice of the local government and the local citizens and local control of what the land is going to look like,” said Laura Osiadacz, a county commissioner. Click here to read more. Photo Credit: The Seattle Times ]]> 14990 0 0 0 https://landreport.com/2018/05/2017-land-report-100-mcdonald-family/ Fri, 11 May 2018 07:00:09 +0000 https://www.landreport.com/?p=14994

  No. 24 McDonald Family

  474,000 acres (up 64,000 acres) Based in the Birmingham suburb of Mountain Brook, this Alabama family concentrates the vast majority of their holdings (some 300,000-plus acres) in Maine via Great Northwoods LLC. The McDonalds also own 92,000 acres in Alabama as well as additional properties in Florida. The McDonalds have diversified interests in timber, sand and gravel, oil and gas, commercial real estate, and the hospitality industry. Click here to see the 2017 class of America’s largest landowners. ]]> 14994 0 0 0 https://landreport.com/2018/05/sold-new-mexicos-imus-ranch-sells-to-rfd-tv-founder/ Mon, 14 May 2018 07:00:10 +0000 https://www.landreport.com/?p=14998 The Santa Fe New Mexican reports that Don Imus’s 3,400-acre cattle ranch in the Pecos River Valley east of Santa Fe has sold to RFD-TV founder Patrick Gottsch. The host of Imus in the Morning was employed by RFDTV from 2007 to 2009. Imus and his wife, Deirdre, founded the ranch in 1998 as a 501(c)(3) organization to benefit children with cancer. With more than 20 structures, the ranch features 29,000 square feet of living quarters as well as 35,000 square feet of barns, garages, and other improvements, including a 10-bedroom hacienda, a radio studio, and a full-fledged Western town. Craig Huitfeldt of Bell Tower Keller-Williams represented the Imuses. The ranch was originally listed for $35 million, reduced to $29.9 million, and subsequently relisted for $19.9 million. It ended up on the auction block before Gottsch bought it. The final sales price was not disclosed. Click here to read more. Photo Credit: Katie Johnson via Craig Huitfeldt and imusranchforsale.com ]]> 14998 0 0 0 https://landreport.com/2018/05/scharbauer-family/ Wed, 16 May 2018 07:00:09 +0000 https://www.landreport.com/?p=15003 The Scharbauers’ Alysheba rocketed from the back of the field to edge Bet Twice and win the
  1987 Kentucky Derby in 2:03.40.[/caption] In our inaugural Land Report 100 (right), Midland’s Scharbauers ranked No. 78 with 113,532 acres. It was the highest the family would ever rank on our list. The reason, of course, had nothing to do with the prominent West Texans. It’s simply because the entry requirements for membership in the Land Report 100 climbed ever higher. The lowest tally on the 2007 Land Report 100 was 75,000 acres; eight landowners owned fewer than 100,000 acres. In our most recent tally, No. 100 Benjy Griffith owned 145,000 acres. Word is the 2018 Land Report 100 will have a floor of 150,000 acres. Such figures do nothing to diminish the legacy of this civic-minded ranching family. A long list of charitable endeavors has given the Scharbauer name a place of honor in West Texas. And their renown in equestrian circles was cemented when Alysheba won the Run for the Roses in 1987.]]> 15003 0 0 0 https://landreport.com/2018/05/texas_land_markets_panhandle_southplains/ Thu, 17 May 2018 07:00:08 +0000 https://www.landreport.com/?p=15006

  At $1,089 per acre in 2017, land values in the northernmost reaches of the state have trended in and around the $1,100-per-acre range since 2012.

   

  Pictured Above: MESA VISTA RANCH

  Location: Roberts County Acres: 64,809 Price Tag: $250 million Listing Brokers: Sam Middleton, Chas S. Middleton & Sons | www.chassmiddleton.com | (806) 763-5331 Monte Lyons, Hall and Hall | www.hallhall.com | (806) 438-0582]]> 15006 0 0 0 https://landreport.com/2018/05/the-land-report-spring-2018/ Tue, 15 May 2018 07:00:38 +0000 https://www.landreport.com/?p=15030 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 One-of-a-Kind Cielo Vista Ranch
  • Ag Deal of the Year: Farmland Partners' $110 Million Central Valley Acquisition
  • Conservation Deal of the Year: Ted Turner Parts Ways With His Beloved Island
  Other great reads in this issue include:
  • For Sale: Jason Newsted's Rockin JN Ranch
  • Events: RLI's 2017 APEX Award Winners
  • BackGate: Looking Back at Clayton Williams Jr.
  ]]> 15030 0 0 0 https://landreport.com/2018/05/land-report-may-2018-newsletter/ Tue, 15 May 2018 07:00:38 +0000 https://www.landreport.com/?p=15076 A round of applause for the 2017 Deals of the Year: Colorado's Cielo Vista Ranch, 2017 Ranchland Deal of the Year; South Carolina's St. Phillips Island, 2017 Conservation Deal of the Year; California Central Valley Farmland, 2017 Agriculture Deal of the Year; and California's Dangermond Preserve, the 2017 Deal of the Year. Meet their stewards, learn their stories, and enjoy the vistas at these truly one-of-a-kind properties. Rounding out this month's report are two key auctions:
  • Colorado's Vista Ridge Estate just west of Denver
  • South Dakota's Flint Creek Ranch and Spook Creek Ranch
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on  Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 15076 0 0 0 https://landreport.com/2018/05/npr-highlights-estate-planning-workshops-for-landowners/ Mon, 21 May 2018 00:00:33 +0000 https://www.landreport.com/?p=15033 All too often, when older farmers and ranchers retire, no one has been prepared to take their place. National Public Radio’s popular All Things Considered took a closer look at this unwelcome phenomenon as well as the steps the University of Wyoming and the Western Landowners Alliance are taking to prepare landowning families to develop succession plans. The need is a vital one. A report issued by the National Young Farmers Coalition predicts that in the next 25 years, 63 percent of farmland nationwide will need a new farmer. Without proper planning, many landholdings ultimately end up getting sold and then parceled off. “Then that landscape then is fragmented and is really not available to support agriculture or wildlife and the other values we care about in these landscapes,” says Lesli Allison, executive director of the Western Landowners Alliance. “All the projections call for a massive transfer of land in the next decade,” Allison adds. “We're going to see many, many millions of acres of land change hands as these farmers and ranchers age.” Click here to read more. ]]> 15033 0 0 0 https://landreport.com/2018/05/texas-land-markets-far-west-texas/ Tue, 22 May 2018 07:00:19 +0000 https://www.landreport.com/?p=15043

  Over the last five years, land values in this region have seen 17.85 percent growth, compounded annually. That’s the good news. The catch? Listings are scarce.

   

  Pictured Above: CIRCLE RANCH

  Location: : Hudspeth County Acres: : 32,000 Price Tag: : $59.2 million Listing Broker: : James King, King Land & Water | www.kinglandwater.com | (432) 426-2024]]> 15043 0 0 0 https://landreport.com/2018/05/russell-gordy-shooting-for-the-best/ Wed, 23 May 2018 07:00:58 +0000 https://www.landreport.com/?p=15047 Whenever he’s in the Bayou City, the gregarious Houstonian can be found behind the counter at Gordy & Sons selling guns and catching up with clients, many of whom are good friends.[/caption] Photography by Gustav Schmiege III

  Russell Gordy has a simple goal for Gordy & Sons: to be the world’s greatest gun store.

  [caption id="attachment_15050" align="alignright" width="364"] Sixty years ago, a crack shot named George Gordy taught his grandson how to shoot. Nowadays, Russell Gordy, 67,
  (pictured above) is thrilled to be teaching his own grandsons how to shoulder a gun, lead a target, and take down a crazy quail.[/caption] In the late 1950s, a very young Russell Gordy used to tail an older cousin as they roamed around their grandparents’ farm in West Louisiana. He begged the older boy for a chance to shoot his Sears J.C. Higgins bolt-action, single-shot .22 rifle, but his cousin always refused. He was out of ammo, he would say. Or so it seemed until he shouldered the rifle and ventilated a tin can, much to Russell’s ire. Come nightfall, Russell would devour the dozen or so pages devoted to rifles and shotguns in the Sears & Roebuck catalogue. ”That was our Internet,” he says today. On more than one occasion, he told his grandmother Ocie Gordy that he was going to buy every last one of Sears’ guns. Impressed with her grandson’s ambition but worried about his goal-setting abilities, she gently urged the boy to stop torturing himself. “Grandma, if I can ever afford to, I’ll buy every one of those guns,” he would say. Russell never did buy all of Sears & Roebuck’s inexpensive, mass-produced guns, but in 2014, after a successful career in the oil and gas business, he bought two years of production by John Rigby and Co., one of world’s most storied gunmakers, as well as scores of other shotguns and rifles from Boss, Stephen Grant, James Purdey and Sons, and other London gunmakers. To his cache of Best guns (a term used to describe those crafted by London’s finest gunmakers), Russell added exquisite shotguns and rifles handcrafted by Europe’s elite makers. At any given time, some 800 of the world’s finest firearms rest in the company’s two vaults in Houston. Gordy & Sons constantly refreshes its inventory by acquiring guns from individual collections, at estate sales, and, as mentioned, directly from top gunmakers themselves. Nowadays, when aficionados want to sell world-class custom rifles and shotguns, their first call is to (713) 333-3474. “I put the finest guns in the world in those vaults,” Russell says. “That’s what distinguishes us from every other gun shop. There’s no shortage of places that have fine guns. They just don’t have our inventory. We’re like the old Abercrombie & Fitch, but on steroids.” Marc Newton, managing director at John Rigby & Co., agrees: “I’ve been very lucky to have visited gun stores all over the world. But Gordy & Sons is truly special. It is one of the best sporting outfitters in the world with its focus on high-end guns. We’ve delivered quite a lot so far, and we have some fabulous pieces in production that we’re looking to deliver around midyear. We really appreciate Mr. Gordy’s passion for fine English guns and his support for the British gun trade overall.” [caption id="attachment_15051" align="aligncenter" width="588"] ROAD SHOW: Gordy and sons flew from the Bayou City to Big D to attend Park Cities Quail’s 12th annual dinner and auction. The March 8 event grossed more than $2.2 million, including Russell’s $200,000 winning bid to hunt pheasant with Tom Brokaw at Paul Nelson Farm in South Dakota.[/caption] “I’ve always had a love for guns, but couldn’t afford them when I was a boy,” Russell says. “My father was a Houston policeman. My mother cleaned buildings for a living. I spent my summers over in Louisiana on my grandparents’ farm because my parents were so busy they could barely look after me when school was out.” Russell’s grandfather George Gordy was an avid quail hunter back in the day when small farms in the Deep South still held plenty of bobwhites. He’d pick up extra money putting on trick shooting exhibitions in the country towns close to Leesville. Winchester provided him with a Model 12 with cylinder-bore barrel – a rarity. The Model 12 nearly always came with a full choke. “Grandaddy could throw up seven potatoes and bust them all with that Model 12,” Russell says. Another trick of George Gordy’s was to light a match with a single shot from a .22. With his next shot, he’d put the same match out. One suspects Mr. Gordy bagged his share of birds. For young Russell, this is where it all began. Thanks to his grandfather, he learned to love the outdoors and gained a lifelong appreciation for the tools of an outdoorsman. “That’s really where I got my love of guns and hunting. My grandparents were the biggest influences on my life. I worked my butt off on their farm, but I had plenty of time to roam, too.” [caption id="attachment_15052" align="aligncenter" width="550"] Gordy Men: Russell (left), Shaun (upper right) and Garrett (lower right)[/caption] At 16, Russell took his first paycheck from rough-necking, went straight to the nearest Globe store, and bought a 12-gauge Remington Model 1100 for $87. “I’ve changed my shooting habits, but as a boy I wanted the biggest gun I could get. (Nowadays, he shoots a three-pound Hunter & Son .410 side-by-side.) After earning an accounting degree from Sam Houston State in 1973, he went to work for Transco Energy. The corporate tempo at the huge pipeline firm didn’t suit him, and he began scouring the Houston Post and the Houston Chronicle for greener pastures. After doing some research at the Houston Public Library, he cold-called the owner of Houston Oil & Minerals, J.C. Walsh, and asked for an interview. The wildcatter was so impressed by the young man’s moxie that he made him a promise: “Son, not only will I hire you, I’ll teach you the business.” Over the next several years, Russell worked in exploration, engineering, and operations. As the company grew, he served as chief troubleshooter, traveling the world, fixing problems, and buying and selling businesses. The last job he did for the company was to sell it in April 1981. He struck out on his own and promptly hit oil in the Austin Chalk near Giddings. He told his wife, Glenda, “We’re rich. This is easy.” After producing 1,000 barrels a day for three months, the well caught fire and blew out. The legendary Red Adair, who wasn’t known for working cheap, drilled a relief well and hit water, a sure sign that the oil had played out. Russell drilled a second well that also hit water. In the meantime, the company that had bought the first well went bankrupt. Russell told Glenda, “Not only are we not rich, but we’re just about bankrupt.” Nevertheless, he found the ups and downs of wildcatting agreeable and ultimately profitable. “Back then, before the advent of shale, you’d hit oil one out of ten tries,” he says. “When you’re dropping $5 million on every dry hole, that tenth one had better be a good one.” With the oil embargos of the 1970s still on everyone’s mind, the early 1980s saw a short-lived boom. Thousands of rigs were operating in the US. In 1982, Russell scraped his nickels and dimes together and bought part of an old plantation in the Piney Woods near Lake Livingston, some 80 miles northeast of Houston. “I wanted my boys to have what I had, to know something besides the suburbs,” he says. For the first few years, a corrugated metal barn sans running water was their home place. Roughing it suited Russell, Shaun, and Garrett. Glenda, who grew up in rural Louisiana, went along with the arrangement until one winter morning when she woke up to find a large wood rat snuggling with her. She calmly woke Russell and told him to get the damn thing off her at once. Construction on a proper cabin began forthwith. In 1985, Russell sold his first company right before oil prices collapsed. Despite the disappointments inherent to the energy business, the overall trend has been sharply upward since then. Oilfields purchased at bottom dollar, coal bed methane drilling, and sophisticated minerals exploration have added hundreds of millions to his fortune. In 2004, he acquired the mineral rights to some 1.5 million acres through a deal with U.S. Steel. Thanks to these successes, Russell’s original 113-acre Piney Woods acreage has grown to more than 8,000 acres. He also owns the 48,000-acre Double Arrow Ranch on the Yellowstone River in Montana, an 80,000-acre ranch in Wyoming, and the 19,000-acre La Ceniza in South Texas. An additional 22,000 acres of timberland in Wisconsin are a recent addition to his portfolio. All told, the native Houstonian ranked No. 68 on the 2017 Land Report 100 with 212,000 acres. [caption id="attachment_15053" align="aligncenter" width="550"] TOP: Garrett Gordy volunteered to oversee the store’s fly-fishing operation. He is shown here plying his craft at the on-premise casting pond. LOWER LEFT: Gordy & Sons boasts five gunsmiths on-staff. LOWER RIGHT: The 18,000-pound vault door is a memento of Old Houston that Russell relocated from South Main Bank’s shuttered downtown location.[/caption] Although Shaun and Garrett have access to the finest hunting and fishing in North America, they still consider the family’s original Piney Woods property their favorite. “Their love of the outdoors, hunting, fishing, and guns grew out of their boyhood experience on that place,” Russell says. “So many memories were made there. How can you forget your mom hosing you off at the back door after you’ve come in from four-wheeling?” In the not-so-distant future, the Gordys plan to develop a Southern-style quail plantation and English-style shooting school on the property. Houstonians pressed for time will be able to shuttle to and from the club via helicopter directly from Gordy & Sons. As his acreage increased, Russell’s gun collection swelled, from a few to a lot to who knows how many. “I really don’t want to know how many guns I own because I don’t want to have to tell my wife if she asks,” Russell says. Still, Glenda has a good sense of the scale of the collection; she often jokes that if the family lost everything but the guns, she could sell them for a dollar each and still be rich. About five years ago, Russell started thinking about what he wanted to do with the rest of his life. “Glenda was always after me, reminding me that I’m not going to live forever and that I needed to get busy doing what I want to do. When I told her I wanted to open the world’s best gun store, she said, ‘That’s not what I meant!’” His younger son, Garrett, a fanatical fly fisherman, loved the idea, but he insisted that the store should include a flyfishing component. He volunteered to take charge. [caption id="attachment_15054" align="aligncenter" width="588"] The interior of the main vault was custom-crafted by Julian & Sons Fine Woodworking. Among the many treasures it houses is the worlds largest inventory of Purdey shotguns.[/caption] Russell began stocking up on Best guns in 2013. When he and Glenda and Garrett walked into the second floor of what would become Gordy & Sons, they were greeted by floors and pillars cast in concrete. Russell pointed to the set of pillars at the back of the room and said, “That’s where my gun safe will be. I’ll have guns on three sides. Y’all figure out the rest.” Shaun, who oversees the family’s energy interests, was tasked with electrical setup, and Garrett handled the interior design. The west wall was knocked out to bring in the 18,000-pound, 1932 vintage vault door from South Main Bank. Russell’s next move was to staff up. He brought in two standouts when he lured Mike Burnett and Noah Craven from Kevin’s Fine Outdoor Gear and Apparel in Thomasville, Georgia. Mike oversees the gun department, and Noah may well be the best gun salesman outside of the Middle East. When it came to fly fishing, Garrett knew exactly who he wanted: Marco Enriquez, a maestro known far and wide. Marco brings decades of insights and experience from Orvis and other top shops to Gordy & Sons – at least when he’s not slinging saltwater flies at redfish. By opening day — May 13, 2017 — Bob Waltrip’s old office building had been transformed into 11,000 square feet of luxury retail space, featuring longleaf pine floors, stamped copper ceiling panels, oriental rugs, oversized leather furniture, and walls covered with sporting art. Black walnut cabinetry and intricate woodwork by trophy room designer Julian & Sons beckon the chosen inside the spacious vault. A roll call of the firearms ensconced behind the nine-ton steel door will give even the most jaded denizen of London’s Best gun shops the sweats: Rigby, Purdey, Boss, Francotte, Beretta, Rizzini, Krieghoff, Blaser, Woodward, Browning, Stephen Grant, Perazzi – all arrayed in racks and cabinets and drawers and each one graced with the handiwork of the world’s finest engravers. At the time of my visit in March 2018, the matchless inventory included the first Rigby 28-gauge ever produced; a Purdey .375 flanged, the only gun ever engraved by Phil Coggan and his son, Simon; and a matched pair of Purdey 12-gauge shotguns that were also engraved by Phil Coggan. It turns out this pair of Purdeys was Phil’s last undertaking before he retired as an engraver. Russell will part with the two masterworks for $550,000. Or maybe he wouldn’t. That’s the intriguing element about Gordy & Sons. Russell’s goal is not to sell the most guns or sell the most expensive guns but to have the world’s best gun store. It’s a passion that focuses on product, not profit. The Gordy family has built one of the finest gun stores in the world,” says Purdey and Sons chairman James Horne. “It’s a stunning emporium of guns, clothing, and accessories. I have no doubt that it will become a destination for anybody who loves hunting and fishing.” Outside the vault, serious hunters who aren’t ready to drop six figures on a gun will find an excellent selection in the $2,500 to $10,000 range: Caesar Guerini, Beretta, Rizzini, Sako, Zoli, Sauer, and other venerable gunmakers. The team goes to great lengths to stock a massive selection of John Browning’s final design, the beloved Browning Superposed. On the third floor, Purdey-trained Dustin Mount heads up a crew of five gunsmiths qualified to modify and repair the world’s finest shotguns and rifles. Purdey’s James Horne says, “Dustin is an exceptionally talented gunsmith. Gordy & Sons is set to be a hub of fine gun repair and maintenance for Texas and the entire Southern United States.” Russell orders most of his guns a bit long so they can be cut down to fit customers. The team has try-stocks and all the other necessary tools needed to modify guns to the precise fit you’d expect from shops in London. But while you’ll wait two to three years for a custom gun from a top gunmaker, Gordy & Sons gunsmiths can have your Best gun modified to your specifications in a matter of days. “Americans don’t want to wait,” Russell says. “Unless you want custom engraving, we have what you want now.” Still can’t find what you want? How about a .32 caliber side-by-side? That’s not a typo. Rizzini is currently finishing the prototype of the Gordy & Sons Texas Quail Special. Production will be limited to 10 over-unders and 10 side-by-sides. You probably ought not to plan on bumming shells. Like the .410, the Gordy & Sons Texas Quail Special will be specified by caliber, not gauge. [caption id="attachment_15057" align="aligncenter" width="588"] As a world-class outfitter, Gordy & Sons devotes a large portion of its second-floor showroom to soft goods and accessories for men and women, including boots by Le Chameau, hunting apparel, and Sitka gear.[/caption] “For guys who think a 28 gauge is too heavy but can’t hit anything with a .410, the Quail Special should be perfect. More importantly, it’s just cool,” Russell says. About a third of the second-floor showroom is devoted to fly fishing. Garrett stocks the finest rods from Hardy, Winston, Scott, Temple Fork Outfitters, and reels from Hatch, Abel, Ross, and Galvan, as well as waders, fly lines, flies, and other equipment, and apparel from the top names in the industry. Out back, you can test drive a fly rod in an 80-foot casting pond stocked with peacock bass and other species. Garrett jokes that they “started with an unlimited budget, then doubled it.” Although his typical client fishes the Gulf Coast and stalks inland waters for trophy largemouth bass, many travel widely. “A lot of the locals here in Houston have homes in the Rockies, so they spend several weeks every year trout fishing in Colorado or Jackson Hole or Montana and even abroad. So, in that regard, we also cater to the traveling angler as well,” Garrett says. Captain Harris Dudley, one of the Gulf Coast’s most respected saltwater guides, ties custom flies for the shop and shares advice with customers. Like the late Robert Ruark stopping in at Abercrombie & Fitch’s flagship store to gear up for one of his legendary safaris, today’s hunter can swing by Gordy & Sons and leave kitted out with all the essentials: boots, jackets, hats, and ties, as well as waterfowl gear, hunting knives, and luggage of all shapes and sizes. Russell puts in a couple of hours at the store just about every day he’s in Houston. (Don’t be surprised to see Glenda too.) He approaches retail sales with the same zest he brought to the oil patch as a young wildcatter: He does whatever needs to be done. Recently, his friend Jeff Hildebrand, a fellow Houston oilman, stopped in at Gordy & Sons and saw Russell in an animated conversation with a customer. “What the hell are you doing behind the counter?” Jeff asked. Said Russell, “Doing what I love to do: trying to sell a gun.”]]> 15047 0 0 0 https://landreport.com/2018/05/2017-land-report-100-philip-anschutz/ Thu, 24 May 2018 07:00:24 +0000 https://www.landreport.com/?p=15069

  No. 27 Philip Anschutz

  434,500 acres In 1982, the Kansas native sold his stake in the Anschutz Ranch East Field to Mobil for $500 million. He subsequently parlayed those gains into a host of other industries, including railroads, telecom, hospitality, entertainment, and professional sports. His portfolio includes the Los Angeles Kings and a piece of the Lakers as well as their home court, the Staples Center. With regard to his landholdings, the Anschutz Corporation has invested more than $100 million to develop Anschutz’s 320,000-acre Overland Trail Ranch and create the nation’s largest wind farm. Larger in size than Rocky Mountain National Park, the Overland Trail Ranch is buffeted by Class 6 and Class 7 winds and is the focal point for the Chokecherry and Sierra Madre Wind Energy Project. When fully operational, it is projected to generate up to 3,000 megawatts of clean, sustainable electricity. Hough concerns about protecting sage grouse have slowed progress, Anschutz’s Power Company of Wyoming is targeting 2020 to begin generating electricity to power 1 million California households. Click here to see the 2017 class of America’s largest landowners. ]]> 15069 0 0 0 https://landreport.com/2018/06/oregon-judge-orders-teenager-to-pay-36-million/ Thu, 07 Jun 2018 07:00:35 +0000 https://www.landreport.com/?p=15093 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 expenses from the US Forest Service. In his opinion, Hood River County Circuit Court Judge John Olson wrote that the judgment was “clearly proportionate to the offense because it does not exceed the financial damages caused by the youth.” Earlier this year, the teenager was sentenced to five years’ probation. He must also perform 1,920 hours of community service with the US Forest Service. Click here to read more. ]]> 15093 0 0 0 https://landreport.com/2018/06/on-the-block-suburban-denver-estate-set-on-nearly-20-forested-acres/ Mon, 11 Jun 2018 07:00:07 +0000 https://www.landreport.com/?p=15096 Bordered by national forest and set on more than 19 forested acres, Vista Ridge offers 360° views from its primary residence, including 14,265-foot Mount Evans. The 6,455-square-foot custom home sits atop the property and was designed by Sunlit Architecture of Crested Butte. It features reclaimed wood, accent timbers, and hand-cut stone. A brief list of the other improvements on the fully fenced property includes a 1,875-square-foot shop with a 1,000-square-foot gym/studio on the second floor, a 1,000-foot well that produces 15 gallons a minute, a 10,000-gallon underground cistern, and two buried 1,000-gallon propane tanks. Located just minutes from Evergreen via a paved private road, Vista Ridge is a 40-minute drive to downtown Denver via US 285 and approximately one hour from Denver International Airport. The auction will be overseen by Hall and Hall Auctions on June 21 at the property in Evergreen, Colorado. Click here for full details. ]]> 15096 0 0 0 https://landreport.com/2018/06/2017-deal-of-the-year/ Wed, 13 Jun 2018 07:00:30 +0000 https://www.landreport.com/?p=15099 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 comes from California today, and from a part of the state very near the hillsides that have suffered the economic and environmental devastation of the recent wildfires. A renowned tract of undeveloped California coastal land totaling more than 24,000 acres, or about 38 square miles, has been purchased by The Nature Conservancy (TNC) for permanent preservation, thanks to a $165 million donation by a wealthy tech-industry couple. The donation, the largest single gift TNC has ever received, is significant in its immediate effects, and it has the potential to matter even more through the longer-term example it aspires to set. [caption id="attachment_15102" align="aligncenter" width="588"] Fifty years ago, Jack and Laura Dangermond car camped during their honeymoon on the very land they would donate to The Nature Conservancy.[/caption] The tract includes hills and canyons, grasslands and brush, 2,000 acres of coastal live-oak stands containing perhaps 1 million trees, a creek, parts of the Santa Ynez Mountains – and a full eight miles of the bluffs and beaches that make up the coastline around Point Conception, west of Santa Barbara. The benefactors are Jack and Laura Dangermond, who founded and still run the Esri mapping company in the small southern California town of Redlands where they both grew up. (For the record: I have known the Dangermonds for many years, having grown up in the same town at about the same time.) The tract will be called the Jack and Laura Dangermond Preserve. It has been informally known as the Bixby Ranch, after the family that owned it and a lot more of Southern California starting in the late 1800s. (More recently the land has been known as the Cojo and Jalama ranches.) Cattle have grazed here since the ranch’s founding, but the land still very much has the look and the ecological characteristics of the wild. Crucially, it has never been subdivided, converted to malls or mansions, or otherwise commercially developed. With today’s announcement, it never will be – a different outcome than many conservationists feared over the past decade, when the land was owned by a Boston fund that has specialized in coastal-development projects. [caption id="attachment_15103" align="aligncenter" width="588"] The rugged terrain includes more than 2,000 acres of coastal live-oak stands containing an estimated 1 million trees.[/caption] The TNC representatives I spoke with about this nature preserve, along with Jack Dangermond himself, were careful to say nothing whatsoever about these previous owners. But the group’s identity and track record are easy to figure out from online sources. When it bought the ranch for some $136 million 10 years ago, just before the worldwide financial and real-estate crash, its lawyer gave a non-denial denial to local citizens concerned about commercial development. Under terms of the sale, the land could have been broken into more than 100 parcels. But according to Ethan Stewart of the Santa Barbara Independent, the hedge fund’s lawyer said everyone should calm down. After all, he said, his clients “absolutely do not have any specific plans yet for the land.” In the financial and regulatory conditions of the decade that followed, it turned out that they were not able to pursue any. Point Conception is evident on a map as the place where the California coast takes a 90-degree turn. On one side of it, stretching toward Santa Barbara and Ventura and beyond them to Los Angeles, the coast runs nearly east-west. On the other side, heading up toward Monterey and San Francisco, the coast runs mainly north-south. (Immediately north and west of the Dangermond Preserve is Vandenberg Air Force Base, which is still in active use as a launching site for rockets and missiles.) The headland of Point Conception juts out into the Pacific at the corner where the coast makes its turn, with one of the earliest lighthouses built along the California coast. “There’s no place like it on this Earth,” a county supervisor named Joni Gray told Ann Herold and Dan Harder of the Los Angeles Times 10 years ago, after the hedge-fund sale. “It’s more beautiful than Yosemite or Yellowstone.” Another man who had grown up in the region told Herold and Harder, “The footprint of man is very light out here. It’s where you understand what California was all about before people ruined it.” Before the arrival of the Spanish and then the Americans, this was the land of the Chumash people, who considered the point a portal through which spirits entered the next world. Point Conception’s positioning has long made it perilous for mariners – and precious to scientists and naturalists. “I like to say it’s where Northern California and Southern California meet,” Michael Sweeney, executive director of The Nature Conservancy in California, told me. “That is why it is a zone of such ecological diversity. You have plants and animals you’d expect to find in the north, along with those you’d expect to find in the south. It is uniquely diverse.” The melting-pot aspect extends even to the waters off the point. “On the marine side, it is one of the most valuable places on the California coast, because it’s where the cold currents coming down from the north meet the warm currents from the south,” Jack Dangermond told me in a phone interview. “With this huge mixing, you have a rookery of seals, big whales, all the elements of a hugely diverse marine resource.” A California state marine reserve, established over the past decade, protects fish, sea mammals, and other wildlife in a 22-square-mile area of the waters off Point Conception. “From the seafloor to the ridgetops you have a big protected area, and that is pretty special in the world,” Sweeney said. “This is a conservation project of historic significance,” Henry Yang, the chancellor of the University of California at Santa Barbara, told me via email when I asked him about the new preserve. As part of this project, the Dangermonds are also establishing a $1 million endowed Chair in Conservation Studies at UCSB. “The area is recognized globally for its rich biological diversity and ecological significance,” Yang said. “As a transition zone from warmer southern species to cooler northern species both on land and in the coastal ocean, it provides a unique place to study and learn how climate affects the ecosystem.” “Laura and I ... became deeply attached to this land a long time ago,” Jack Dangermond said in an all-hands message to the several thousand Esri employees in announcing the purchase. Fifty years earlier, on the Dangermonds’ honeymoon in the late 1960s, they’d driven along the coast in a little car and camped at night in a pup tent. “We were just kids, and that was our first connection to realizing it was a special place,” Jack told me. The Dangermonds’ gift is significant in two ways, the immediate and the longer term. The first effect is what it does directly to preserve habitat. The simple fact is that without this move, sooner or later this ecologically, aesthetically, and even spiritually important land would have been bulldozed away. Now that will not occur. Jack Dangermond told me that his friend E.O. Wilson, the famed biologist, had advanced the idea that “we are innately all ‘biophiliacs’” – that people are drawn to nature even in unconscious ways. “It’s why people keep a little philodendron in their apartment, or have an aquarium, or dogs. People want to feel some connection to nature and the natural living world.” The innate importance of preserving parts of the natural matched the Dangermonds’ own sensibility. Jack grew up in a gardening culture – his father, an immigrant from Holland, was a gardener and ran a small nursery business, and Jack’s original training was in landscape architecture – and he and Laura have made the property around their modest home essentially one big arboretum. But they argue that preservation has a larger consequence. “These natural areas, particularly pristine and intact areas like this one, are so very important, and they are disappearing like crazy,” Jack told me. The Dangermonds’ Esri company specializes in mapping software that, among other functions, allows long-term analysis of geographical trends. “We did a study with Clark University forecasting out 50 years and making maps with our software about natural areas in that time. And in 50 years, the areas that remain will become very fragmented. If any normal person would see that, they would get very disturbed, but the process is well underway. These models make it clear that the fundamental fabric of nature is being altered, and these areas are going to disappear.” Thus the urgency, he argued, of “grabbing places like this and putting them into conservation, while you still can.” The vistas of Point Conception may not have the same iconic impact as the Grand Canyon or Yosemite, he said. “But ecologically it is just as important” – because of the diversity of flora and fauna, because of its nearly unspoiled aspect. “We have the splendor of the national parks because they were set aside 100 years ago in a park system. It gives me a kind of solace to think that more of these areas will be protected.” Beyond solace, the Dangermonds hope that UCSB and The Nature Conservancy will together make Point Conception a unique digital-research center for the identification and protection of similarly important and endangered ecological hot spots around the world. They’ll have help from Esri’s software, which they believe will allow them to measure and analyze trends, good and bad, more extensively than in any comparable site. “This really is a pivotal point to be envisaging how new technologies might be employed to gather the data in support of research,” Chancellor Yang wrote to me. “Many new Earth-observing satellites have been launched in recent years, with the ability to scan the surface more frequently and in more detail. We have a wide range of sensors that can be installed on, below, and above the land surface; we have new computer models that can take these data inputs and process them to make accurate predictions of the impacts of conservation strategies.” The second significant aspect of the purchase is the example the Dangermonds hope to set for their fellow rich people. This donation is unusual not simply in its scale but also because the Dangermonds are publicizing it, something they usually take pains not to do. For a long time, Jack and Laura Dangermond have been the wealthiest family in their small community of Redlands, and its leading philanthropic donors. Since their Esri company is still privately held, the precise extent of the Dangermonds’ wealth is also private. Jack told me that published estimates, in the low to mid billions, are “exaggerated.” Whatever the details, they are people of means. But their previous gifts have been unpublicized and often anonymous. Their names don’t appear at all, or only in fine print, at many of the local institutions they support. In contrast, this tract of land will be the Jack and Laura Dangermond Preserve, and the professor at UCSB will hold the Jack and Laura Dangermond Chair. Why? “We’re very intentionally setting out a model that we hope other people with money will follow,” Jack Dangermond said. “We’d like people to think, ‘Let’s do what the Dangermonds did.’ We’d like them to copy us.” “There are lots of wealthy people in the tech industry in California and elsewhere,” he said. “America’s wealthy people are flush with money. They’re wondering where to put it”– and the favored emphases of this era’s tech leaders include education and public health. “Those are great! But we haven’t yet seen that kind of commitment to nonpolitical conservation issues.” He gave the example of the Rockefellers, who preserved land in New York, in Maine, in Wyoming, in many other places that eventually adjoined or became part of national or state parks. He is aware of the complications of this private-philanthropy model for conservation: the baronial overtones, the theoretical superiority of having the government take the lead with truly national parks, like the Grand Canyon or Yellowstone. But to put it mildly, that’s not what the federal government is doing these days. In the weeks before the Point Conception announcement, Donald Trump ordered the Bears Ears and Grand Staircase—Escalante national monuments reduced in size. When I asked Michael Sweeney why the state or the federal government hadn’t bought the ranch long ago – including through the defense budget, since Vandenberg Air Force Base is next door – he said, “Because it just would never happen. The price is an obstacle. There are too many agencies to coordinate.” Jack Dangermond makes a more positive case. “If you look back historically, the national parks were of course a public undertaking. But families like the Rockefellers played a direct or indirect part for many years. America has a long history of private philanthropy for public causes that sometimes gets overlooked.” Much as the Rockefellers’ example is remembered now – or Carnegie’s with his libraries, or the Mellons’ and Fricks’ with their museums – the Dangermonds hope that in their smaller-scale way they can set an example others can refer to. “We would love to have 100 Dangermond Reserves,” he said. “But I’m not Carnegie. We’re not in the oil business. We can’t do this by ourselves. We’re telling the story to set an example of what others could do.” Examples set by people of wealth and influence can have their ripple effects through society. Andrew Carnegie established some 2,500 libraries largely with his own money, but ultimately their success and survival depended on support from the communities where they were built. Indeed, Carnegie conditioned his grants on guarantees of long-term local taxpayer support for each library, because otherwise “the public ceases to take interest in it, or, rather, never acquires interest in it.” Jack Dangermond said that, beyond its potential effect on other rich families, the new preserve would encourage citizens more generally to look at conservation projects in their own neighborhoods. “People could buy a vacant lot and turn it from ‘gray infrastructure’ to ‘green infrastructure,’” he told me. “As cars become automated, a lot of parking-lot space will open up, and people in neighborhoods can collectively or individually create parks and make cities more livable.” Will individuals and families make the connection between this large act of philanthropy and the smaller-scale opportunities immediately around them? It’s a lot to expect. But even if the impact of today’s news were, despite the donors’ aspirations, confined to one evocative tract along the California coast, the announcement would be a significant one. It is a gift to the planet and to the future – a dramatically positive move from people with wealth when there’s been so much movement the opposite way. [caption id="attachment_15109" align="aligncenter" width="588"] After years of peril, the land surrounding Point Conception will forever be protected.[/caption] © 2017 The Atlantic Media Co., as first published in The Atlantic Magazine. All rights reserved. Distributed by Tribune Content Agency LLC.]]> 15099 0 0 0 https://landreport.com/2018/06/2017-land-report-100-hughes-family/ Thu, 14 Jun 2018 07:00:34 +0000 https://www.landreport.com/?p=15110 here to see the 2017 class of America’s largest landowners.]]> 15110 0 0 0 https://landreport.com/2018/06/land-report-top-ten-spring-2018/ Fri, 15 Jun 2018 07:00:32 +0000 https://www.landreport.com/?p=15114

  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 of Hawaii’s fifth-largest island, Molokai. Assets include two hotels, two golf courses, and more than 48,000 acres of agricultural land. Listed by Scott Carvill and Vicki Yu of Carvill Sotheby's International Realty. 2. Mesa Vista Ranch (Texas):$250 million Boone Pickens’ 100-square-mile masterpiece has been deemed “arguably the finest quail hunting spot known in the universe” and includes its own 6,000-foot, FAA-approved airstrip and a 25,000-square-foot hangar. Listed by Monte Lyons of Hall and Hall and Sam Middleton of Chas S. Middleton & Son. 3. Sandow Lakes Ranch (Texas): $250 million Owned by Alcoa, this 33,777-acre property possesses a sea of water rights, including 14 lakes. Bernard Uechtritz of Briggs Freeman Sotheby’s International Real Estate has the listing. 4. West Creek Ranch (Colorado): $149 million Discovery Channel creator John Hendricks’s 6,900-acre ranch straddles the Colorado—Utah line outside of Gateway, Colorado. Kerry Endsley with LIV Sotheby’s International Realty has the listing, which includes stunning Unaweep Canyon. 5. Gemini (Florida): $138 million (reduced from $195 million) Originally listed for $195 million, the Ziff family’s South Florida compound features 1,200 feet of Atlantic Ocean frontage and about 1,300 feet on the Intracoastal Waterway. Listed with Todd Peter and Christina Condon of Sotheby’s International Realty. 6. Las Varas Ranch (California): $108 million These 1,800 acres just west of Santa Barbara encompass more than two miles of Pacific Ocean frontage. Listed with Kerry Mormann of Berkshire Hathaway HomeServices and Anthony Punnett of Douglas Elliman Real Estate. 7. Cross Mountain Ranch (Colorado): $100 million With 56,050 deeded acres and 168,000 leased, this Northern Colorado ranch stretches over four counties and is home to the largest elk herd in North America. Located 45 minutes from Steamboat Springs. Listed with Ken Mirr of Mirr Ranch Group. 8. Nottingham Ranch (Colorado): $100 million Surrounded by millions of acres of national forest and BLM land, this cattle ranch carries 1,200 animal units and includes 1,200 acres of pivot irrigation and 2,000 acres of flood irrigation. Listed by Ed Swinford and Brent Rimel with Slifer Smith & Frampton. 9. Rancho Agua Grande (Texas): $100 million Located where the Texas Hill Country meets the Edwards Plateau, these 17, 132 acres rank as one of the most significant live water ranches on the market in the Lone Star State today. Listed by Howard Hood with Hood Real Estate. 10. Veale Ranch (Texas): $95 million Located 11 miles from downtown Fort Worth, this working cattle ranch is an outstanding long-term investment with substantial development opportunities and key highway and rail access in place. Listed by Bryan Pickens with Republic Ranches.]]> 15114 0 0 0 ]]> https://landreport.com/2018/06/2017-land-report-100-stefan-soloviev/ Mon, 25 Jun 2018 07:00:28 +0000 https://www.landreport.com/?p=15122

  No. 32 Stefan Soloviev

  323,700 acres (up 88,000 acres) The 42-year-old Soloviev boosted his total acreage this year with the acquisition of White Lake Ranch, 69,314 acres in New Mexico’s Chaves County. “We buy for profitability, not eye appeal,” says the New York entrepreneur. Soloviev’s holdings are concentrated in Eastern Colorado, Eastern New Mexico, and Central Texas. In addition to cattle and grain, he is actively developing wind energy Click here to see the 2017 class of America’s largest landowners.]]> 15122 0 0 0 https://landreport.com/2018/06/2017-conservation-deal-of-the-year/ Wed, 27 Jun 2018 07:00:53 +0000 https://www.landreport.com/?p=15126

  Ted Turner Parts With His Beloved Island

  Ted Turner has spent his professional career crafting great deals. In December, he signed off on a whale of an opportunity, but not for himself. For the people of South Carolina. Turner parted ways with his cherished Lowcountry estate, St. Phillips Island, which he had owned since 1979. What makes the transaction so noteworthy is that the $4.9 million sales price of the 4,680-acre island was one-third of its appraised value. “My family and I are thrilled that our beloved St. Phillips Island is now in the hands of the State of South Carolina. After sharing many fond memories together on the island, my family and I look forward to others being able to experience and appreciate the unique beauty and tranquility that St. Phillips has provided us for so many years,” Turner said at the time of the sale. Accessible only by boat from the mainland, St. Phillips is surrounded by marsh and beach. It is self-sufficient and has its own water and power. “St. Phillips is a jewel off the South Carolina coast, a pristine barrier island suffused with the natural beauty of the Lowcountry,” said Duane Parrish, Director of the South Carolina Department of Parks, Recreation & Tourism. “The possibilities for shaping and offering exceptional coastal experiences are numerous.” The South Carolina State Park Service is assessing the island’s resources and logistical capacities as it develops a comprehensive management plan. Once this plan is finalized, an operational strategy will be established to maximize the potential of this exciting addition to Hunting Island State Park.

  Land Report 2017 Conservation Deal of the Year: St. Phillips Island

  Seller: Ted Turner, Turner Enterprises, Inc., Atlanta, Georgia0 Buyer: South Carolina Department of Parks, Recreation & Tourism, Columbia, South Carolina ]]> 15126 0 0 0 https://landreport.com/2018/06/the-land-report-rockies-2018/ Fri, 15 Jun 2018 07:00:31 +0000 https://www.landreport.com/?p=15133 Celebrate the Western Landowner with our 2018 Rockies issue!
  • Landowner Roundup: Daunting obstacles and collaborative solutions are the hallmarks of these four ranching operations. Lesli Allison reports from Arizona, Idaho, Montana, and Nevada.
  • Yellowstone Club: Join Corinne Garcia for a tour of this renowned members-only residential community set in the heart of the Northern Rockies.
  • Public Lands Primer: Not all public lands are created equal, particularly out West. Ken Mirr shares insights and opportunities regarding key landowning agenices in the Western US.
  • John Oates' Little Woody Creek Ranch: This Rock & Roll Hall of Famer shares insights and anecdotes about his Aspen getaway with Land Report publisher Eddie Lee Rider Jr.
  • Land Report Top 10: We show you the West's leading listings.
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on  Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 15133 0 0 0 https://landreport.com/2018/06/land-report-june-2018-newsletter/ Fri, 15 Jun 2018 07:00:58 +0000 https://www.landreport.com/?p=15138 In our June newsletter, the long arm of the law takes center stage:
  • • The Supreme Court hands Florida a win over Georgia in a water dispute
    • In Texas, private land seizures have begun as the administration builds its border wall
    • The EPA declares biomass carbon neutral, a major win for timberland owners
    • Massachusetts selects a Danish-backed firm to build offshore windfarm
    • A Montana water court hands down a landmark decision
  For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on  Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 15138 0 0 0 https://landreport.com/2018/07/supreme-court-rules-5-4-in-florida-v-georgia/ Thu, 05 Jul 2018 07:00:18 +0000 https://www.landreport.com/?p=15143 A divided court gives Florida another opportunity to draw more water out of the Apalachicola-Chattahoochee-Flint basin and away from Atlanta. A decades-long legal battle that has thus far incurred more than $100 million in legal fees took an unexpected turn on June 27 when the nation’s highest court ruled that a court-appointed special master was “too strict” when ruling for Georgia. Previously, the Supreme Court appointed Special Master Ralph Lancaster to study the issue, which involves two rivers, the Chattahoochee and the Flint, that flow through Georgia and converge to become the Apalachicola at the Florida-Georgia state line. Georgia relies on the Chattahoochee and the Flint to provide drinking water for Atlanta and to irrigate farms that produce cotton, corn, soybeans, and peanuts. Florida sued its northern neighbor to protect the state’s fishing industry in and around Apalachicola Bay by imposing consumption caps. The special master agreed that Florida had been harmed by Georgia’s overuse of water, but that it failed to meet its obligation to show that the consumption caps it seeks to impose would actually be of benefit. Read more HERE.]]> 15143 0 0 0 https://landreport.com/2018/07/clayton-williams-jr/ Mon, 09 Jul 2018 00:00:22 +0000 https://www.landreport.com/?p=15147 For decades, Claytie and Modesta Williams (above) hosted one of the Lone Star State’s best-known cattle sales at their headquarters north of Alpine, Texas.[/caption] When our inaugural issue (inset right) came off the press, this native Texan ranked No. 59 on the 2007 Land Report 100 with 146,655 acres in Far West Texas. By 2010, Claytie’s cattle ranches spread out over six counties, and his total acreage peaked at 157,375 acres. In the years that followed, he began to trim non-essential tracts. At 112,042 acres, Williams Ranches qualified for the 2015 Land Report 100 at No. 94. By 2016, the one-time gubernatorial candidate had dropped off the list; it took at least 139,000 acres simply to qualify as one of America’s largest landowners. Don’t fret about Claytie, however. In 2017, his publicly-traded Clayton Williams Energy (CWEI) agreed to a $3.2 billion buyout offer from Noble Energy. The Williams’ family share? 50.5 percent. P.S. In 2014, CWEI traded at $141. Two years later, it bottomed at $6.35. By the time the Noble buyout was announced, it was back above $100. Still want to be a wildcatter? ]]> 15147 0 0 0 https://landreport.com/2018/07/2017-ranchland-deal-of-the-year/ Wed, 18 Jul 2018 00:00:49 +0000 https://www.landreport.com/?p=15157 PRIVATE PARK. Cielo Vista’s alpine and subalpine zones are peerless. No other deeded land in the Lower 48, Alaska, or Canada possesses comparable terrain.[/caption]

  Text by Eric O’Keefe

  Those of you lucky enough to attend the 2015 Land Report Aspen Summit will no doubt remember the moving words of former Interior Secretary Ken Salazar as he described his family’s heritage in the San Luis Valley, which is anchored by 83,368-acre Cielo Vista Ranch: “If you step out of my parents’ home, the place where I grew up, you can look to the east and you see the beautiful mountains that are called the Sangre de Cristos – the Blood of Christ Mountains.” The secretary was describing Cielo Vista. He mentioned another mountain range, the San Juans, and rivers, too – the San Antonio and the Rio Grande, the great river. His conclusion? “There is no place like it anywhere in the world.” This portrayal aptly conveys the majesty of the great ranch east of the Salazars’. Cielo Vista rises from the floor of the San Luis Valley – its lowest point – some 8,000 feet above sea level. During winter, this semidesert shrubland is critical habitat for elk, mule deer, and other mammals. Higher up are montane forests, home to some of the largest stands of aspen in the world. In its coniferous forests, old-growth stands of white fir and Douglas fir date back centuries and even a millenium. The ranch’s subalpine zone begins at 10,000 feet and is literally the stomping ground of North America’s largest wild sheep, the Rocky Mountain bighorn. Cielo Vista’s alpine zone has 18 peaks above 13,000 feet. At 14,053 feet, Culebra Peak is the highest privately-owned peak on earth. No place like it anywhere in the world, indeed. [caption id="attachment_15160" align="aligncenter" width="588"] This image captures the breathtaking beauty of Cielo Vista’s enormous stands of aspen – some of the world’s largest – as they turn yellow and quake in the fall.[/caption] Jeff Hubbard and Pat Lancaster certainly knew what they were getting into when they secured the Cielo Vista listing for Mirr Ranch Group in 2016. The Denver-based brokerage has made a name for itself marketing ecological jewels and specializing in sporting and conservation landscapes such as Utah’s Wasatch Peaks Ranch and Colorado’s JE Canyon Ranch. Cielo Vista combines the best of both dynamics. Hubbard and Lancaster had the inside track on securing the listing. Not only had both brokers hunted the length of the Sangre de Cristos from Colorado into New Mexico but each had guided extensively on Cielo Vista: Hubbard in the mid-1990s when the Taylor family owned the ranch, and Lancaster for Bobby Hill, a member of the most recent ownership group. [caption id="attachment_15161" align="alignright" width="325"] More than 100 miles of private fishable streams and creeks nurture wild browns, cutbows, brook trout, and Rio Grande cutthroat as do dozens of lakes and ponds.[/caption] “No one had more boots on the ground at Cielo Vista than the two of us,” Hubbard says during a call from nearby Moonshine Ranch. “And that was critical because, at its heart, Cielo Vista is unlike any other ranch in North America: 80,000 acres of deeded land with more game and higher peaks than anyone else owns anywhere.” It was precisely these features (and more) that led Dave Palmerlee to reach out to Hubbard and Lancaster on behalf of his client, William Harrison of Houston. “It was a warm winter day when William and I scouted the ranch by helicopter. Jeff and Pat knew right where to go. I’ve seen plenty of elk in Wyoming, but they were everywhere on that ranch. And I’ve never seen that many bighorn sheep. It was amazing,” he says. For eight months, Palmerlee worked with his client to finesse the complex legal transaction as well as to attend to the extensive due diligence required on dozens of fronts. The sale closed in August 2017. No financial details were disclosed. Almost immediately, the new ownership was the subject of intense speculation in the San Luis Valley. Palmerlee was nonplussed. “William may have a lot of irons in the fire, but he is extremely focused and very straightforward in his dealings. That was apparent from our first call and throughout the purchase process. Keep this thought in mind: The name of his investment company is Cathexis. If you open a dictionary and look up that word as I did, you’ll see that cathexis is defined as ‘the concentration of mental energy on a particular idea or object.’ That’s how William approached Cielo Vista, and I’m confident that is how he’ll approach owning and operating that amazing property – effectively and decisively,” he says. After the sale closed, Lancaster, who is a licensed outfitter in Colorado, transitioned from seller’s broker to managing the hunting operation on Cielo Vista. Over the course of his career as a guide, his Lancaster’s Outfitters has leased more than one million acres of private lands. The Colorado broker not only knows land; he also recognizes the integral role private landowners can play in enhancing ecosystems. Says Lancaster, “I couldn’t ask for a better steward than William. He recognizes the unique resources in place at Cielo Vista as well as its status locally and regionally. He totally gets this ranch. That’s why he got it.” [caption id="attachment_15162" align="aligncenter" width="588"] Cielo Vista’s eastern boundary traces the jagged spine of the Sangre de Cristo Mountains as it extends more than 22 miles to include 14,053-foot Culebra Peak as well as 18 peaks over 13,000 feet.[/caption]

  Land Report 2017 Ranchland Deal of the Year: Cielo Vista Ranch in Colorado

  Seller: CVR Properties | Seller’s Brokers: Jeff Hubbard and Pat Lancaster of Mirr Ranch Group Buyer: Cielo Vista Ranch II LLC | Buyer’s Broker: Dave Palmerlee, Conservation Brokerage, Inc. ]]> 15157 0 0 0 https://landreport.com/2018/07/private-land-seizures-underway-in-rio-grande-valley/ Wed, 25 Jul 2018 17:21:54 +0000 https://www.landreport.com/?p=15173 McAllen Mayor Jim Darling reports that 167 landowners in Hidalgo County have received condemnation notices from the federal government. The notices arrived as Customs and Border Protection personnel informed South Texas officials from cities, counties, and foreign trade zones along the border that the federal government is moving forward with private land seizures in the Rio Grande Valley in order to build sections of the border wall. Darling insisted the federal government be held to the same standard it holds cities and counties to when they use federal funds to acquire land. “Under federal law, when we take property, we always have to pay relocation damages for the remainder,” he said. “It’s really weird: When we use federal money, it can delay projects for about a year for environmental impact (studies). The federal government says, ‘Oh, we don’t have to do that.’” Click here to read more. ]]> 15173 0 0 0 https://landreport.com/2018/07/2017-agriculture-deal-of-the-year/ Thu, 26 Jul 2018 07:00:56 +0000 https://www.landreport.com/?p=15202 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 farmland in California’s Central Valley. But the crux of the deal (other than the pricing) is that FPI won’t operate the farms going forward. Olam will continue to do so, thanks to a 25-year triple-net lease agreement. “We have a high degree of respect for Olam’s team of exceptionally talented operators,” said Farmland Partners’ chairman and CEO Paul Pittman. “Further, we look forward to bringing these properties into our portfolio. They are unique, high-quality farms in the heart of California's tree nut industry.” Olam’s managing director, Ashok Krishen, said the sale and operating agreement were an ideal fit for Olam. “We had been looking for the right partner who sees the long-term value of farming, while we are looking for an asset light model to participate in the production economics of the tree crops,” Krishen said. At the time of the sale last September, Farmland Partners owned more than 154,000 acres in 17 states. The company has since upped its tally to over 166,000 acres in Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota, Texas and Virginia. These holdings are currently being farmed by more than 125 tenants who grow more than 30 major commercial crops.

  Land Report 2017 Agriculture Deal of the Year: Central Valley Almond, Pistachio and Walnut Orchards in California

  Seller: Olam International Limited, Lim Ah Doo, Chairman, Singapore Buyer: Farmland Buyers Inc., Paul Pittmann, Chairman & CEO, Denver, Colorado ]]> 15202 0 0 0 https://landreport.com/2018/07/epa-declares-biomass-carbon-neutral/ Mon, 30 Jul 2018 07:00:57 +0000 https://www.landreport.com/?p=15206 In a major policy shift that benefits timberland owners, EPA administrator Scott Pruitt announced that biomass will be considered carbon neutral for the purposes of regulating emissions from sources such as power plants that burn wood. Biomass proponents hailed the announcement as long overdue. “The EPA’s declaration that forest biomass energy is carbon neutral confirms what we in forestry have long known,” said Rep. Bruce Westerman, the only licensed forester on Capitol Hill. “Trees are a renewable resource, and properly managed forests can provide clean energy for decades to come. Simply put, this move by the EPA is a victory for Arkansas forests and the industries that rely on our number one renewable resource.”]]> 15206 0 0 0 https://landreport.com/2018/07/land-report-july-2018-newsletter/ Sun, 15 Jul 2018 07:00:04 +0000 https://www.landreport.com/?p=15210 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 billion
  • BP pays $10.5 billion for BHP's unconventional oil and gas assets
  • A portion of Cross Mountain Ranch known as the Osterhouse Ranch sells
  For up-to-the-minute reports on listings, auctions, sales, and breaking news, be sure to follow us on  Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 15210 0 0 0 https://landreport.com/2018/08/stable-farmland-values-trump-falling-commodity-prices/ Thu, 02 Aug 2018 07:00:25 +0000 https://www.landreport.com/?p=15213

  Year-over-year farmland values in the Corn Belt are holding steady; however, in the most recent quarter, an uptick in Iowa and in Wisconsin pulled overall values in the Seventh District into positive territory for 2018. – The Editors

  NATIONAL — TREND According to the USDA’s Prospective Plantings report, US farmers will plant more soybeans than corn. The one percent drop in soybeans (to 89 million acres) was eclipsed by a two percent drop in corn (to 88 million acres). If these projections are realized, it will mean the lowest planted corn acreage in the US since 2015, according to the National Agricultural Statistics Survey. MIDWEST — FOCUS According to the Chicago Fed’s David Oppedahl, “It seems like a lot of the farmers are able to manage through lower crop prices.” Cash rental rates for farmland decreased five percent for 2018 relative to 2017, the smallest decline in four years. OF NOTE: A March 28 auction of 2,050 acres of high-quality Wisconsin farmland in Grant County grossed $17.6 million. More than half the ground sold for $8,500-plus per acre, and several tracts exceeded $9,000 per acre. Go to www.ChicagoFed.org to download a complete copy of the Seventh Federal Reserve District’s AgLetter.]]> 15213 0 0 0 https://landreport.com/2018/08/increasing-percentage-of-family-farms-are-not-family-farmed/ Mon, 06 Aug 2018 07:00:57 +0000 https://www.landreport.com/?p=15222 According to the Department of Agriculture, 99 percent of all farms in the US are family-owned, not corporate farms. Yet because of demographic trends and costly barriers to entry, only 60 percent of farmland nationwide is actually farmed by those same families. The remaining 355 million acres are rented out, and that number is likely to increase. This is especially the case in the heart of the Corn Belt, Iowa. Currently in the Hawkeye State, more than half the agricultural lands are farmed by tenants, not the owners themselves. Among the many drivers propelling this growing trend are the prohibitive costs of both land and machinery. The average Iowa farm encompasses 330 acres, and the average price of an acre of Iowa farmland exceeds $7,000 per acre. In other words, $2.1 million is the typical cost of the land alone. Click here to read more. ]]> 15222 0 0 0 https://landreport.com/2018/08/for-sale-545-acre-rockin-jn-ranch/ Wed, 08 Aug 2018 07:00:04 +0000 https://www.landreport.com/?p=15228 PROMONTORY. The Rockin JN lords over the Bitterroot Valley above Ross’ Hole on the Lewis & Clark National Historic Trail.[/caption]

  For more than a decade, Jason Newsted and his family have retreated and recharged in Western Montana.

  | Photography by Bill McDavid Most rock stars live life in the fast lane, burning through piles of cash as they galavant around the world, right? Think again with Jason Newsted. Back in his touring days, this future Rock & Roll Hall of Famer inductee and six-time Grammy Award winner had plans for his money, and they definitely did not include paying for overpriced room service at whichever Ritz-Carlton where Metallica was booked. Nope. After another sold-out, ear-splitting encore in front of a sea of fans, the heavy metal bassist would chow down on a sandwich he made at the craft-services table. Even in his youth, the Battle Creek native was saving his money and thinking about life after the band. “I was raised on a farm in Michigan. I grew up around horses. My idealized situation was somewhere in the mountains where I could have horses again, and I could be that guy again. I wanted my own country,” he tells me at his band space and art studio in South Florida. Jason joined Metallica in 1986 following Cliff Burton’s death in a tour bus accident in Sweden. He played with the band for a total of 14-plus years, and from the very beginning he had a plan. “I’m going to buy my own country. I’ve going to have a spread – Idaho, Wyoming, maybe Montana – I’m going to have my own country,” he recalls. Twenty years later, those dreams came true. In 1998, Jason finally came up for air. “We’d been around the world five times. But I was still a young man. I was seeking out my dream location so I started looking around out West. I talked to people in Idaho, Wyoming, Colorado, and Montana. I considered 26 or 27 different properties in a six- to eight-month span,” he says. [caption id="attachment_15231" align="aligncenter" width="588"] Named for the plentiful bitterroot plant, Western Montana’s Bitterroot Valley has one of the mildest climates in Big Sky country and can be found an hour south of Missoula.[/caption] Jason finally found “his country” with the help of ranch broker Jane Iten. Iten earned her stripes as one of Montana’s first female outfitters and hunting guides, and she introduced the rock star to the Bitterroot Valley. His 545-acre Rockin JN Ranch sits in a perfect pocket and is ideally situated between large private holdings and public lands. The acreage is made up of gently rolling topography. Native grasslands are peppered with timber-lined draws. Jason selected the tract’s highest ridge as his homesite. Plans were drawn up for a 5,800-square-foot timber frame home with three bedrooms and three-and-a-half baths. It includes a gourmet kitchen complete with Thermador appliances, a walk-in pantry, and a dumbwaiter from the three-car garage. [caption id="attachment_15232" align="alignright" width="200"] Intricate craftsmanship abounds throughout the 5,800-square-foot timber frame home, including this sunburst Jason designed himself.[/caption] A towering Rumford-style fireplace dominates the spacious living room; several other fireplaces warm the home. Huge glass panes make the most of the breathtaking 360-degree views. Metal trusses mimic the stage lighting found at Jason’s day job. Woodworking throughout the home features exquisite designs. One wall especially stands out. It boasts a sunburst design handcrafted with exotic woods from Gibson guitars. “I drew that design out,” Jason tells me. “I wanted it to represent the four members of the band I was in at the time. A point leads to a point leads to a point, and the circle is completed. After I drew it, I hired a local craftsman [to build it]. It was a natural since the Gibson factory was in Bozeman.” Outbuildings include a caretaker home, two shops, a greenhouse, and a dog run. “Nicole and I both put a lot into that house – I mean a lot – and then we built a soundproof studio in the basement. Ae studio is kind of its own apartment, its own scene down on the bottom floor. Then we finished the great room, and then we built another bedroom upstairs,” he says. The more I talked to Jason about the quest that brought him to the Bitterroot Valley, it became clear he felt that this land was meant for him to steward for a specific period of time. “The guy that I bought it from was a guy from Michigan. I’m from Michigan. There was already a connection,” he says. “There was something kindred there in the Bitterroot Valley. That entire valley was settled by Michiganders. The whole place. So I started to feel a vibe, right? I’m going, ‘OK, this is feeling good.’” These days, the career of the itinerant artist has Jason spending much of his time between Manhattan, Miami, and California. He’s on tour again, but not performing as a musician. Jason’s creative juices get flowing as he paints and works in mixed mediums. [caption id="attachment_15233" align="alignleft" width="300"] Jason Newsted welcomed Land Report publisher Eddie Lee Rider Jr. into his South Florida studio to discuss art, land, and his quest to find “his country.”[/caption] “This opportunity came from the hundreds of pieces of art that I’d done from 2004 to 2010. They were just sitting in my basement in California. And this guy comes along, the owner of Art Miami, and says, ‘Let’s take some of those pictures out to the people.’” As we tour his South Florida art studio, I sense the same passion he brought to his music. Passion tinged with sorrow. “I don’t really want to leave Montana, but what’s transpired in my life over the last 14 months is not anything I could have predicted or really planned to do at all,” he says. “So that’s why I’m selling my place in Montana. That place is ideal for somebody to pick up where I left off. The house is perfect. We’ve only lived there a little bit. It’s still new. It’s still brand new and clean and nice,” he says. “Now it’s up to somebody else to come with an idea. Maybe a family, maybe a younger cat, someone like that. It needs somebody to come up and truly enjoy this remarkable find as we have. It’s a dream place.” Bill McDavid of Hall and Hall has been selected to represent Jason Newsted in the sale of the Rockin JN Ranch. For additional information, go to: www.hallhall.com. ]]> 15228 0 0 0 https://landreport.com/2018/08/montana-water-court-rules-on-abandonment/ Thu, 09 Aug 2018 07:00:08 +0000 https://www.landreport.com/?p=15234 In another major water rights decision, a Montana water court affirmed that Gene Klamert had not abandoned valuable water rights on Flatwillow Creek in Petroleum County. Upstream landowners Daniel Iverson, Dan Wilks, and Farris Wilks had appealed a 2017 ruling by Water Master Ben Sudduth in Klamert’s favor. They contended that Klamert’s failure to irrigate for 17 years led to the abandonment. “The Court finds the Master’s recommendations are based on substantial evidence,” wrote associate Montana Water Court Judge Douglas Ritter. The decision was closely followed because cases involving abandonment are rarely heard. Under Montana water law, a water right with an early priority date is beneficial since water is allocated on a “first in time is first in right” basis. The earlier the priority right the better the water right. Read more HERE. Photo Credit: Brett French, Billings Gazette]]> 15234 0 0 0 https://landreport.com/2018/08/vineyard-wind-selected-to-create-800-megawatt-offshore-farm/ Tue, 14 Aug 2018 17:44:01 +0000 https://www.landreport.com/?p=15243 A Danish-backed offshore wind farm has been awarded a contract to power 500,000 homes in Massachusetts. Called Vineyard Wind, the wind farm will be located off the southern coast of Martha’s Vineyard. Vineyard Wind, which is backed by Copenhagen Infrastructure Partners and Avangrid Renewables, bested two competitors for the contract authorized under a 2016 renewable energy law that requires the procurement of major hydroelectric and offshore wind resources to help reduce the state's carbon footprint. “Today’s announcement brings the Commonwealth one step closer to achieving our administration’s goals of creating a clean, reliable, and cost-effective energy future for Massachusetts residents, and significantly reducing greenhouse gas emissions to combat climate change,” Gov. Charlie Baker said in a statement. The current timetable calls for construction to begin in 2019 and for the wind farm to become operational by 2021. Click here to read more. ]]> 15243 0 0 0 https://landreport.com/2018/08/2017-ranks-as-second-worst-year-for-tropical-tree-cover-loss/ Wed, 15 Aug 2018 07:00:36 +0000 https://www.landreport.com/?p=15248 Scientists from the World Resources Institute and the University of Maryland have determined that last year was the second-worst year for tropical tree cover loss, exceeded only by 2016. An area equivalent in size to Bangladesh – approximately 39 million acres of tree cover – was lost in 2017. The clearing of forests for agriculture continues to drive large-scale deforestation. Countries with particularly high losses included Brazil, which saw 7.4 million acres of deforestation last year, and Columbia, which saw a marked increase as a result of increased political instability. Last year’s hurricane season also had catastrophic consequences in the Caribbean with the Dominican Republic losing 32 percent of its tree cover, and Puerto Rico losing 10 percent. Conversely, Indonesia saw a decline of more than 50 percent in deforestation thanks to a national ban to stop draining and burning peatlands. Click here to read more. ]]> 15248 0 0 0 https://landreport.com/2018/08/bill-moore/ Thu, 16 Aug 2018 07:00:27 +0000 https://www.landreport.com/?p=15253 Family patriarch Bill Moore on the Sun River, which flows through the ranch for 20 miles.[/caption] [caption id="attachment_15149" align="alignright" width="239"] When The Land Report 100 debuted in 2007, one of the leading landholdings was the Moore family’s Broken O Ranch outside Augusta, Montana. [/caption]As the 20th century came to a close, one of the iconic ranches of the American West – the Broken O – was in the midst of a renaissance. And the driving force was a retiree. OK – Bill Moore was not your typical senior citizen. A founder of Kelly-Moore Paints, Moore was a project guy. And the Broken O was tailor made for his skill set. During Montana’s Territorial era, much of the ranch fell within the bounds of the historic Flowerree and Lowry Cattle Company. Running as many as 40,000 cattle, this behemoth was felled by the Great Die-Up of 1887. Some 500,000 head foundered out West that winter. So did the Flowerree. A century later, Moore began resurrecting this giant. In 1988, he bought the Hamilton Ranch. Soon afterward, he added the Freeman Ranch. Dan Freeman became Moore’s right-hand man. By the time of Moore’s death in 2004, the Broken O had become one of the most versatile agricultural operations in the Rocky Mountain West. Proof of that came when one of America’s leading landowners, Kroenke Ranches, acquired it in our 2012 Deal of the Year.]]> 15253 0 0 0 https://landreport.com/2018/08/2017-land-report-100-mike-smith/ Mon, 20 Aug 2018 07:00:01 +0000 https://www.landreport.com/?p=15260

  No. 37 Mike Smith

  283,500 acres Based in Amarillo, Smith and his family own acreage around the Texas Panhandle plus additional land from Waco to Eastern New Mexico. Smith devotes most of his holdings to cattle. The varied terrain he calls his own is also home to mule deer, bobcats, possums, and more than a hundred species of birds. Click here to see the 2017 class of America’s largest landowners. ]]> 15260 0 0 0 https://landreport.com/2018/08/on-the-block-red-lodge-creek-estate/ Tue, 21 Aug 2018 07:00:06 +0000 https://www.landreport.com/?p=15263 A 23-acre estate that includes a tributary of the Yellowstone River will be auctioned by Hall and Hall Auctions on August 30 at the property in Red Lodge, Montana. The acreage includes a 5,152-square-foot custom home that was built in 1994 and updated in 2004. The home has four bedrooms and three-and-a-half baths, central heat and air conditioning, and an attached two-car garage. Other improvements include a large metal barn with stalls for three horses, concrete floors, tack room, feed room, and round pen. Water features include a pond and a water well that pumps 15 gallons per minute. ]]> 15263 0 0 0 https://landreport.com/2018/08/american-landowner-sarah-king/ Wed, 22 Aug 2018 07:00:04 +0000 https://www.landreport.com/?p=15266 Text by Lesli Allison | Photography by Sarah King, Heidi Crnkovic, and Ziemba Photographic Daily challenges have always been inherent to ranching in the West and there are no shortages of them in the Altar Valley, located south of Tucson in Pima County. Ranches just north of the Mexican border operate at ground zero when it comes to immigration and border security issues. Development sprawl, watershed health and water supply, endangered species, historic cultural preservation, and public access amid a checkerboard of public and private lands are all part of life in this arid and exquisitely beautiful landscape. To Altar Valley rancher Sarah King, attitude defines the outcomes. “When there are challenges, you can choose to be negative, or you can find the positives,” she says. King embodies the latter in her family’s ranching operation and her work with the rancher-led Altar Valley Conservation Alliance. Her husband, Joe King, is the fourth generation of his family on the Anvil Ranch; her children, Evelyn, 3, and George, 1, the fifth. Established in 1895, the Anvil is a cow-calf operation. Starting in the early 1990s, the Kings and their neighbors began banding together to meet the formidable challenges of ranching in south Pima County. “Tucson was in the middle of a huge housing boom, development was sprawling, county planning was getting underway,” King says. “There was a lot of conflict with environmental groups. ‘Cattle Free in '93’ was a goal for some of those groups and there was a lot of disjointedness.” Concerned, Joe’s father, John King, and his neighbor, Charley Miller, invited members of the Malpai Borderlands Group (MBG) for a visit. The MBG is an alliance of ranchers, environmentalists and public agencies working to find collaborative solutions to the same kinds of challenges the Altar Valley was facing. Following that visit, the ranchers of the Altar Valley formed a similar organization, the Altar Valley Conservation Alliance. Since that time, the Alliance has partnered with Pima County and other stakeholders in the development of Pima County’s Sonoran Desert Conservation Plan. As part of the plan, the county acquired ranches at risk of development in the Altar Valley and then leased them back to ranchers to keep the lands working, in open space, and spared from development. A second major project has been the reintroduction of fire to the valley. “Fire was part of the natural cycle of the ecosystem out here,” Sarah King says. “Once humans were on the landscape in the early 1900s, they started suppressing fires. That’s resulted in overgrowth of woody species. So what we are looking to do with prescribed fire is burn back some of the woody species to restore the grasslands and the natural cycle of the ecosystem. It also helps reduce the risk of a big wildfire.” Once upon a time, ranchers (and indigenous people before them) who wanted to burn off brush could just light a fire and let it burn across the open country. Those days are long gone. Prescribed fire is an important and cost-effective management tool for land managers across the West’s fire-adapted ecosystems, but the risks and liabilities are too great today for most ranches to implement burns on their own. “In this current landscape, you need other people to accomplish burning and a lot of other conservation goals,” King says. “In the process, you need to be open to working with others in a group setting. You're not being realistic if you don’t think you need someone else in the process." Through the Alliance, ranchers in the Altar Valley work with agencies and non-profit organizations to put the element of fire back into the ecosystem. This not only restores grasslands, but it benefits the entire watershed in the process. “Pulling all the stakeholders together in a room, it becomes a really collaborative atmosphere of someone saying ‘my agency can do this’ and someone else saying ‘we could fill in with that.' It’s a really positive way to get things done on the ground,” she says. They’ve also tackled many of the other issues together. While solutions aren’t always easy, the process itself builds relationships and a sense of community. “Having to speak to people and interact with them in a setting forces you to see them as humans rather than just talking heads. Working side by side, being out on the ground together, we find a lot of common agreement. I think, in general, the biggest thing in the West at the moment – and maybe even across the nation – is that everybody needs to keep talking to one another. It can be tempting to get frustrated and just want to turn inward, but the more conversations you have with people, the more human they are, and the more they will want to work with you on common goals. Working on concrete projects on the ground with all the parties involved is the secret we have found to successful collaborative conservation,” King says.]]> 15266 0 0 0 https://landreport.com/2018/08/preservation-tax-breaks-questioned/ Fri, 24 Aug 2018 07:00:15 +0000 https://www.landreport.com/?p=15272 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 farmers face as their ag land is taxed as more valuable transitional or development land. In return for a commitment to farm their land for at least 10 years, landowners are taxed at a lower rate. According to county officials, Napa County’s $200 million general fund loses $1 million annually because of Williamson Act contracts for both vineyards and grazing land. Click here to read more. ]]> 15272 0 0 0 https://landreport.com/2018/08/157-acre-parcel-in-beverly-hills-lists-for-1-billion/ Tue, 28 Aug 2018 00:00:34 +0000 https://www.landreport.com/?p=15276 The New York Times is reporting 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 for six lots, the mountaintop property currently has no improvements. Permits, however, are in place to build up to 1.5 million square feet of living space across multiple building sites. Aaron Kirman of Pacific Union International has the listing on the property. Kirman has overseen the rebranding of the property from the Vineyard Beverly Hills to the Mountain of Beverly Hills. He is quoted by The Times as marketing the Mountain of Beverly Hills as a family compound for a single buyer whom he believes will hail from overseas. Among the recent owners of the pricey acreage are the older sister of the last Shah of Iran, the late talk-show host Merv Griffin, and Herbalife founder and CEO Mark Hughes. Read more HERE. Photo Credit: Beth Coller for The New York Times]]> 15276 0 0 0 https://landreport.com/2018/08/land-report-august-2018-newsletter/ Wed, 15 Aug 2018 07:00:23 +0000 https://www.landreport.com/?p=15280 US farmland takes top billing in our August newsletter as the Department of Agriculture reports in its annual survey that farmland values, including land and structures, moved up for the ninth year in a row and for the thirteenth year out of the last fourteen. Other news items include:
  • Proposed relocation of BLM headquarters out West
  • Interior secretary nixes proposed sale of public lands
  • Establishment of $266 million Native American agriculture fund
  • Montana estate on Yellowstone tributary goes to auction
  For up-to-the-minute reports on breaking news, be sure to follow us on  Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 15280 0 0 0 https://landreport.com/2018/08/american-landowner-mike-and-tom-page/ Wed, 29 Aug 2018 07:00:23 +0000 https://www.landreport.com/?p=15282 Text by Lesli Allison | Photography by Ilona McCarty

  “I look at the public lands as a huge asset, assuming you take the time to understand how they work and get to know the people involved.” – Tom Page

  Start with rundown ranchland that includes deeded, state, and BLM lands in the middle of core greater sage grouse habitat. Throw in a disconnected river containing not one but three species of endangered fish. Pile on a heap of involved state and federal agencies as well as environmental organizations, and you have a situation where many potential buyers would say, “Hell, no!” Not Tom Page. To the contrary, this was exactly the opportunity he was looking for. With his ball cap and youthful looks, Page doesn’t fit the iconic image of the traditional Western rancher. In fact, like many of his contemporaries ranching today, Page didn’t grow up on a ranch or in the ranching business. But he did grow up hiking, fishing, and exploring the West’s public lands. As a young adult, he went to work for non-profit organizations engaged in land and natural resource management issues, learning skills he would later put to use as a landowner. In the late 1990s, Tom’s father purchased some degraded land in Montana’s Madison Valley, and together father and son set about restoring it. “That was my first exposure to having private land and being able to do restoration projects,” Tom says. “That was pretty satisfying to see that legacy happen, to see the wildlife habitat come back, and to make the ranch operation workable again.” Inspired by the results, Tom and his brother Mike decided to pursue a similar effort but on a much larger scale after their father’s death in 2004. They were able to do exactly this by acquiring several connected ranches in Idaho’s Upper Salmon River Basin with roughly 5,500 deeded acres, 13,000 acres of state leases, and seven BLM grazing permits totaling 120,000 acres. Few places outside the American West offer the opportunity for a prospective landowner to operate at such a landscape scale right off the bat. They named it Big Creek Ranch. “We intentionally looked for properties that were underutilized, hadn’t been well managed, had permits that had been litigated, and those sorts of challenges,” Tom says. “I looked at it as an opportunity to use the skills I had developed working with non-profits.” At the time of the purchase, the Pahsimeroi River was a mess. Several portions of the river were bone-dry. On other portions, including their land and public lands, endangered bull trout as well as steelhead and Chinook salmon could be found. “It had pretty much everything you could have to deal with,” Tom says. “But that was the challenge. That’s what we wanted to do. My brother and I wanted to be part of the solution by being the landowner component.” That solution included working with an existing strong coalition of nearly a dozen agencies, other landowners, and conservation organizations on an ambitious effort to reconnect the Pahsimeroi and some of its tributaries. Rather than view some of these entities as opponents, Page reached out to them as partners. “Every time I meet a new landowner, I direct them to an NGO (non-governmental organization). One advantage of operating in areas with high public resource values is that NGOs tend to concentrate there and can be valuable partners to landowners,” Tom says. He is also involved in the Central Idaho Rangelands Network (CIRN), a collaborative organization of ranchers and conservationists working to sustain the social and natural values of the region. “CIRN provides an opportunity for peer learning, understanding federal land management processes, and coordinating with the agencies,” he says. A major boost to the project came in the form of funding from the Bonneville Power Administration’s Columbia River hydropower system. BPA is required to mitigate its impacts to endangered Chinook salmon. “That’s the power of the Endangered Species Act, that we had the mitigation money available to support our projects and many others in our region,” he says. The project did take time and persistence to get everything coordinated among the different stakeholders. “That was probably the biggest challenge to overcome,” he says. “A lot of people come out of a business environment and expect things to happen tomorrow. In this kind of work, that doesn’t happen.” In the end, however, their patience and persistence paid off. For the first time in 125 years, the Pahsimeroi River is reconnected. Thanks to an improved irrigation system, the Pages and other landowners have sufficient water to increase the stocking rate while also leaving enough in the river for the fishery. For Page, the public lands components of his ranch, and even some aspects of the Endangered Species Act represent opportunities rather than liabilities. “I look at the public lands as a huge asset, assuming you take the time to understand how they work and get to know the people involved,” he says.]]> 15282 0 0 0 https://landreport.com/2018/08/sold-osterhouse-ranch/ Thu, 30 Aug 2018 07:00:40 +0000 https://www.landreport.com/?p=15287 This 1,874-acre component of Colorado's Cross Mountain Ranch sold this summer. Known as the Osterhouse Ranch, the 3-square-mile property lies within the coveted Williams Fork River Valley and is adjacent to the Routt National Forest. Prior to the closing, the Osterhouse Ranch was a part of the Upper Ranch at Cross Mountain, which is situated on the north slopes of the Flat Tops Wilderness Area. The Upper Ranch at Cross Mountain is a recreational paradise and is home to North America's largest elk herd. It sits just 45 minutes from Steamboat Springs and its many amenities and just 20 minutes from Yampa Valley Regional Airport with a complete suite of FBO services. Ken Mirr of Mirr Ranch Group has the listing on Cross Mountain Ranch, and he represented the seller on the Osterhouse transaction. The buyer was represented by Harrigan Land Company. Click here to read more.]]> 15287 0 0 0 https://landreport.com/2018/08/land-report-summer-2018/ Wed, 15 Aug 2018 07:00:43 +0000 https://www.landreport.com/?p=15293 More than 100 brokerages coast to coast are featured in the ninth edition of our annual Best Brokerages issue, which also includes the lowdown on America's Top Auction Houses. Other great reads include:
  • FrontGate: America's Land Barons
  • BackGate: Colorado's Grizzly Ranch Sells
  • Vistas: Dozens of Top-Tier Properties For Sale
  • Top Ten: The Nation's Leading Land Listings
  ]]> 15293 0 0 0 https://landreport.com/2018/09/the-cowboy-state-rules/ Tue, 04 Sep 2018 07:00:28 +0000 https://www.landreport.com/?p=15296 According to the Tax Foundation, Wyoming takes top honors for the lowest taxes nationwide. – Eric O’Keefe 1. NO INDIVIDUAL INCOME TAX Only six states in the Union shun a personal income tax: Alaska, Florida, Nevada, South Dakota, Texas, and Wyoming. And at the other end of the spectrum, there’s California, which has a top marginal income tax rate of 13.3 percent. 2. NO CORPORATE INCOME TAX Only two states on the honor roll above don’t levy a corporate income tax: South Dakota and Wyoming. Not surprisingly, these neighbors take top honors from the Tax Foundation in its 2018 State Business Tax Climate Index: South Dakota ranked second and the Cowboy State first. 3. NO TAX ON RETIREMENT INCOME So you’re not from Wyoming, yet you own property in the 44th state. Not to worry. The state legislature isn’t eyeing your out-of-state retirement income. No wonder you want to become a resident. 4. NO TAX ON MINERAL OWNERSHIP Wyoming shares a border with Nebraska, but few of its tax policies make it across the state line. The Cornhusker State has a top marginal individual income tax rate of 6.84 percent, and that’s just the start. Nebraska’s property taxes fall in the 2 percent range and apply to real property as well as personal property. This means that land, structures, wells, minerals, and even payments related to oil or gas leases are taxable. Wyoming has no mineral tax. 5. NO ESTATE (DEATH) TAX Above a congressionally-mandated multimillion-dollar threshold, Uncle Sam rewards your demise with a 40 percent estate tax. According to Morgan Scarboro at the Tax Foundation, 14 states and the District of Columbia add insult to fatality by imposing their own estate tax. Washington tops the leaderboard at 20 percent. Wyoming’s death tax? Goose egg. 6. NO STATE GIFT TAX What if real property is transferred not at the time of death but when the donor is alive? Known as an inter vivos (among the living) gift, this is not taxed by Wyoming. 7. YES DYNASTY TRUSTS OK. When it comes to dynasty trusts, Wyoming does not top the list. Several states actually allow the creation of legal instruments (such as a deed or a will) that exert control over a family’s landholdings in perpetuity. Yes, forever. Short-sighted Wyoming only allows a family to shield real estate holdings from federal estate taxes for 1,000 years. To learn more about federal, state, and local taxation from the nation’s leading independent tax policy nonprofit, go to TaxFoundation.org.]]> 15296 0 0 0 https://landreport.com/2018/09/bp-to-pay-10-5-billion-for-shale-assets/ Mon, 10 Sep 2018 07:00:40 +0000 https://www.landreport.com/?p=15306 London-based BP announced that it was acquiring a portfolio of unconventional oil and gas assets from BHP for $10.5 billion. The onshore assets mark the first major acquisition by BP since the disastrous Deepwater Horizon Spill in 2010. The portfolio includes assets in the highly prized Permian-Delaware basin in West Texas along with two positions in the Eagle Ford and Haynesville basins in Texas and Louisiana. BP’s interests in the three fields currently produce 190,000 barrels of oil equivalent per day. Click here to read more. ]]> 15306 0 0 0 https://landreport.com/2018/09/american-landowner-jeff-laszlo-granger-ranches-in-montana/ Tue, 11 Sep 2018 07:00:43 +0000 https://www.landreport.com/?p=15309

  “Your land is connected to lots of other things, from communities and neighbors to migratory species to water that flows from high elevation to the Gulf of Mexico.” – Jeff Laszlo

  Text by Lesli Allison | Photography by Lynn Donaldson Jeff Laszlo’s love of the land developed early. Summers spent on his grandfather’s Madison Valley ranch in Southwest Montana kindled these strong ties. His grandfather, who lived in the nearby town of Butte, purchased the property in 1936. “I think it’s probably interesting to note that at the time, the land didn’t have much value in terms of price or productivity,” Laszlo says. As a young man, Laszlo followed his father to Hollywood where he pursued a successful career as a cameraman in the film industry. Eventually, however, the land drew him back to Montana. “Having spent time on the ranch, I felt a connection with it,” he says. “I realized that in order to keep the ranch, I was going to have to dedicate myself to whatever that might mean, and to make it more productive. It had to be a business that could support itself.” Part of the reason his grandfather purchased the land cheap was that it contained a large amount of marshy bottomland along the Madison River. This made it difficult to grow hay, move livestock, and operate. In the 1950s, Laszlo’s grandfather installed canals and drained the wetlands. This did, in fact, create more pasture, but in time it led to an overall decline in the health and productivity of the ranch. “Knowing as little about the biology and values of wetlands and riparian systems as I did, I recognized the value of this bottomland. I had this intuitive sense that managing and restoring it would be an important part of our model,” he says. Laszlo was fortunate to find partners eager to assist him in his restoration efforts, starting with Montana Power and Light (now Northwestern Energy). “Montana P&L brought money to the project as part of their commitment to be socially responsible and because they have obligations to maintain certain flows and temperatures in the Madison River,” he says. Tom Hines from Montana Fish, Wildlife & Parks, Rob Hazelwood at the U.S. Fish and Wildlife Service, and Alex Diekmann at Trust for Public Lands also provided welcome guidance. (For his service to conservation, Congress recently named a peak after Diekmann, who passed away in 2016.) Other partners pitched in. “To be honest, it was an experiment on a lot of levels. We took a risk by approaching things with a changed attitude about public-private collaboration. We wanted to see whether or not we could improve this resource that was not only important to the ranch but to the valley and the river system. The biggest challenge was developing those relationships and taking the leap of faith necessary to give it a try. Through a lot of conversations and building comfort levels with one another and their mentorship, we overcame that initial challenge of putting a project together,” he says. The project came to be known as the O’Dell Creek Restoration and, by virtually any measure, it has been deemed a tremendous success. The results include a 900 percent increase in waterfowl numbers, a 600 percent increase in waterfowl species diversity, an improved fishery with reduced water temperatures, the largest known population of primula (primrose) in the US, the reintroduction of trumpeter swans and Arctic grayling, and vastly increased use as a staging area for sandhill cranes. With the rising water table, the bottomland became more productive and better able to support the ranch’s cow-calf operation and hay production. “This wetlands complex was once seen as our biggest liability. It has clearly now become our greatest asset,” Laszlo says. And, while he shares the concerns of many landowners over state and federal wildlife regulations, he also sees rare species as an asset. “Once the Arctic grayling was not listed as federally endangered, we decided that we wanted to collaborate with the department to help reintroduce and preserve the species.” It’s something we take pleasure in, and it makes our investment in the land worth more,” he says. “It’s just mind-boggling what has come out of that project. We’ve greatly improved the value of the ranch, not only financially, but in our enjoyment and pride of ownership. The relationships with people from all sectors of our community that have resulted are really the most treasured outcomes. And it’s an ongoing thing,” he says. For landowners who may be considering similar types of restoration efforts, Laszlo cautioned that it does require a great deal of patience and perseverance. “Don’t try to do everything all at once because you are more likely to make expensive mistakes and, over the course of ownership, you will probably learn a lot, and your perspective on certain things may change. You also need to understand that no matter how big a piece of property may be, you’re not buying an island. Your land is connected to lots of other things, from communities and neighbors to migratory species to water that flows from high elevation to the Gulf of Mexico. People have rights to that water, and it’s a resource that is under pressure. Responsible use and management are vitally important,” he says.]]> 15309 0 0 0 https://landreport.com/2018/08/land-report-top-ten-summer-2018/ Wed, 15 Aug 2018 07:00:20 +0000 https://www.landreport.com/?p=15573

  

  Crowned by a stately manor house and featuring its own equestrian center, Great Island joins the list. – The Editors

  1. Molokai Ranch (Hawaii): $260 million
  This 55,574-acre ranch ranks as one of the Aloha State’s largest and encompasses more than one-third of Hawaii’s fifth-largest island, Molokai. Assets include two hotels, two golf courses, and more than 48,000 acres of agricultural land. Listed by Scott Carvill and Vicki Yu of Carvill Sotheby's International Realty.

  2. Mesa Vista Ranch (Texas):$250 million
  Boone Pickens’ 100-square-mile masterpiece has been deemed “arguably the finest quail hunting spot known in the universe” and includes its own 6,000-foot, FAA-approved airstrip and a 25,000-square-foot hangar. Listed by Monte Lyons of Hall and Hall and Sam Middleton of Chas S. Middleton & Son.

  3. Sandow Lakes Ranch (Texas): $250 million
  Owned by Alcoa, this 33,777-acre property possesses a sea of water rights, including 14 lakes. Bernard Uechtritz of Briggs Freeman Sotheby’s International Real Estate has the listing.

  4. West Creek Ranch (Colorado): $149 million
  Discovery Channel creator John Hendricks’s 6,900-acre ranch straddles the Colorado—Utah line outside of Gateway, Colorado. Kerry Endsley with LIV Sotheby’s International Realty has the listing, which includes stunning Unaweep Canyon.

  5. Gemini (Florida): $138 million
  Originally listed for $195 million, the Ziff family’s South Florida compound features 1,200 feet of Atlantic Ocean frontage and about 1,300 feet on the Intracoastal Waterway. Listed with Todd Peter and Christina Condon of Sotheby’s International Realty.

  6. Great Island (Connecticut): $120 million
  This 63-acre island has more than a mile of Long Island Sound frontage as well as more than 13,000 square feet of improvements including a nine-bedroom manor house and a 19th century farmhouse. Listed by David Turner of Houlihan Lawrence.

  7. Las Varas Ranch (California): $108 million
  These 1,800 acres just west of Santa Barbara encompass more than two miles of Pacific Ocean frontage. Listed with Kerry Mormann of Berkshire Hathaway HomeServices and Anthony Punnett of Douglas Elliman Real Estate.

  8. Cross Mountain Ranch (Colorado): $100 million
  With 56,050 deeded acres and 168,000 leased, this Northern Colorado ranch stretches over four counties and is home to the largest elk herd in North America. Located 45 minutes from Steamboat Springs. Listed with Ken Mirr of Mirr Ranch Group.

  9. Nottingham Ranch (Colorado): $100 million
  Surrounded by millions of acres of national forest and BLM land, this cattle ranch carries 1,200 animal units and includes 1,200 acres of pivot irrigation and 2,000 acres of flood irrigation. Listed by Ed Swinford and Brent Rimel with Slifer Smith & Frampton.

  10. Rancho Agua Grande (Texas): $100 million
  Located where the Texas Hill Country meets the Edwards Plateau, these 17, 132 acres rank as one of the most significant live water ranches on the market in the Lone Star State today. Listed by Howard Hood with Hood Real Estate.

  ]]> 15573 0 0 0 https://landreport.com/2018/09/farmland-values-nationwide-reach-record-levels/ Wed, 12 Sep 2018 07:00:01 +0000 https://www.landreport.com/?p=15315 National Agricultural Statistics Service’s annual survey features upward move of almost 2 percent to $3,140 per acre. U.S. farm real estate value – a measurement of the value of all land and structures on farms – averaged $3,140 per acre for 2018, an increase of $60 per acre (1.9 percent) over 2017 values. The report, which was released on August 2, traces the steady rise in farmland values since 2004. Only once in those 14 years did farmland values decline nationally: in 2009, from $2,170 per acre to $2,090 per acre or less than 4 percent. In 2018, values in the Corn Belt topped the charts at $6,430 per acre. At $1,140 per acre, the eight-state Mountain region had the lowest farm real estate value. The region with the biggest gain was the Southern Plains (Oklahoma and Texas), where land values jumped 8.3 percent to $2,220 per acre. ]]> 15315 0 0 0 https://landreport.com/2018/09/266-million-native-american-agriculture-fund-established/ Tue, 18 Sep 2018 07:00:50 +0000 https://www.landreport.com/?p=15324 In 1999, nearly 900 Native Americans brought suit against the federal government, claiming that the Department of Agriculture systematically discriminated against them in loan programs dating as far back as 1981. Eleven years later, the federal government settled the lawsuit for $760 million. However, only 3,600 farmers and ranchers succeeded in meeting the payout terms. The remaining large pool of unclaimed money – some $266 million – will now be distributed through the new Native American Agriculture Fund. The fund can issue grants for business assistance as well as education and technical support. Recipients can include nonprofits and certain agencies of tribal governments.]]> 15324 0 0 0 https://landreport.com/2018/09/american-landowner-james-rogers-winecup-gamble-ranch-in-nevada/ Wed, 19 Sep 2018 07:00:31 +0000 https://www.landreport.com/?p=15327

  “To be honest, the tough conversations have made us better a landowner.” – James Rogers

  Text by Lesli Allison | Photography by David Packer and JD Hunter Sprawling across the very heart of buckaroo country, the Winecup Gamble Ranch encompasses a checkerboarded landscape of 984,000 acres, more than half of which is owned by the public and managed by the Bureau of Land Management (BLM). It’s as wide and wild and complicated a landscape as there is in today’s West. It’s also a place where flat-topped hats and spurs dominate in a cowboy culture that prizes independence and self-determination. Yet in the midst of this sagebrush rebellion territory, some surprising things are happening. “If we’ll take care of this land, it will take care of our cows,” says Winecup Gamble ranch manager James Rogers. “And we can’t do it alone. We’re in true partnership with the BLM. There’s still a lot of strife in many places between agencies and ranchers. But when we focus on finding common ground and taking care of the land together, then the body condition of our cows and our checkbooks just got better.” The Winecup Gamble is a member of the Stewardship Alliance of Northeast Elko (SANE). “We like that acronym, Rogers says, “It makes for some fun.” SANE is a collaborative group established in 2013 and comprised of eight landowners who have 1.7 million acres under fence, plus a slate of state and federal agencies and the nonprofit Pheasants Forever. SANE formed in large part out of concern about a potential federal listing of the greater sage grouse, yet it has moved far beyond that to successfully collaborate on a number of land management and conservation efforts. “We collectively think about managing across fence lines. We don’t agree with every landowner or every perspective of agencies but we have a healthy, respectful dialogue,” James says. This same attitude characterizes the ranch’s approach to other challenges as well. For example, the ranch has a rock spring and wet meadow that was an historic watering hole along the famed California Trail. Over the decades, cattle had destroyed the area around the spring. Trespassing hunters and campers repeatedly left the place trashed. So the ranch partnered with the U.S. Fish and Wildlife Service and the Nevada Division of Wildlife to fence off and protect the wet meadow and spring. A spring box was used to run a pipeline from the spring to a more strategic location for livestock. They even keep a trickle going for wildlife. The ranch also got permission from Elko County to install cattle guards on the road so people could pass through the protected area easily. The ranch then went a step further. Even though the area surrounding the spring is part of the Winecup Gamble’s deeded holdings, they made it available to continued public use, but in a more managed way. “It’s not that we didn’t want people to be there, but we wanted people to take care of it. Rather than keep people out, we posted a sign saying guests are welcome with prior registration. Then we know who is there, and there is some amount of accountability. It’s been a really good thing. We still do a wagon out on the range with our cowboys and occasionally stay there ourselves. Now that it’s cleaned up, it’s been a win for us as well,” James says. As with many ranches in the West, hunting season can be a challenge on the Winecup Gamble. “Our property is intermingled with BLM, so we can’t keep hunters out of our deeded portions. It gets frustrating when the public leaves gates open and trash all over the place. It’s really difficult to have a lot of respect for that type of behavior. But the truth is, it’s about 10 percent of people who make the rest look bad, so I’ve taken a proactive approach to communication. The biggest and most rewarding tool that we’ve used is that in the fall, when we get the most traffic onto the ranch, we send out a letter to every single license holder who has drawn in the area. We sent out 1,900 letters last year. We congratulate them for their tag, let them know we appreciate outdoorsmen and love to hunt and fish ourselves, and that we value their hobbies. Then we tell them that in case they haven’t been on this landscape, it is intermingled public and private land. We ask several very simple things of them: please close gates, pick up trash, don’t drive roads when muddy, and drive slowly through headquarters because we have kids and pets. We invite them to stop in and to let us know if they have any troubles. Then we provide a map showing access points. I can assure you that this does a whole lot, much more than anything else we can do. We also are involved in the Wounded Warriors program. The ranch donates five youth cow tags and allows those five youths to hunt by appointment on the one locked portion of the private property. Those things have really changed how people see us. Being generous where you can be generous goes a long way.” The ranch applied a similar win-win strategy to another situation. One day while out hunting with the owner on a private portion of the ranch, their hunt was interrupted. “Here comes this side-by-side in the middle of this epic hunt with a bugling elk,” Rogers recalls. “It really disgusted me. This was private land, but even had it been public space, it was really unethical for this side-by-side to be off the road. So I went to the Department of Wildlife and said I wanted to close the area off to motorized vehicles. So far, a lot of the public is really excited because it creates this safe place where they can get away from ATVs, too. Even though it’s private, we still provide access. But now you can’t come in with motorized vehicles. The hunters who value that non-motorized area have said they will help police it for us. That’s really helpful because it is in a remote area and hard for us to monitor.” James admits that there will always be problems and a desire for more privacy. On the other hand, the ability to ranch in this vast open space provides many benefits which would otherwise not be available. “I’ve been on the smaller, entirely deeded ranches that didn’t have this much space, and there are challenges there too. I also think we’re relational as people, and having public space forces us into relationships which sometimes can be challenging but are more often rewarding. This public interface challenges us as human beings to make better relationships. My relationships with my wife and kids are better from learning more about how to work with others. We’re made to be with other people, not just on our own mountaintops where we lock the gate to be with our own. I think that’s kind of shallow.” He also believes that while working with public agencies can sometimes be challenging and frustrating, it too has a positive side. “To be honest, the tough conversations have made us a better landowner,” he says.]]> 15327 0 0 0 https://landreport.com/2018/09/summit-county-preserves-1123-acre-knorr-ranch/ Thu, 20 Sep 2018 07:00:49 +0000 https://www.landreport.com/?p=15332 Situated along the western shore of Green Mountain Reservoir, the Knorr Ranch ranks as one of the largest unencumbered landholdings in Colorado’s Summit County. A landmark holding at the foot of the Gore Range since the late 1800s, the ranch was owned by the sixth generation of the family. It was listed in February 2018 by Ren Martyn of Steamboat Sotheby’s International Realty for $8.438 million. According to the Summit Daily, neighboring landowners Sean Flanigan and Doug Childs, in conjunction with Summit County, Colorado Cattleman’s Agricultural Land Trust, and the Gates Foundation, acquired the ranch for $7 million. The entire property was then put under a conservation easement with Colorado Cattleman’s Agricultural Land Trust. Summit County Open Space & Trails director Brian Lorch called the Knorr Ranch “an incredibly important piece of the puzzle” that will ensure that Summit County remains open and wild frontier. Click here to read more. ]]> 15332 0 0 0 https://landreport.com/2018/09/bureau-of-land-management-to-exit-washington/ Mon, 24 Sep 2018 07:00:00 +0000 https://www.landreport.com/?p=15340 A host of Western cities are courting Interior Secretary Ryan Zinke in the hopes of attracting the new BLM headquarters. The move is part of Secretary Zinke’s plan to relocate the agency closer to the bulk of the lands it oversees. According to Dan Boyce of National Public Radio’s Weekend Edition, a few of the cities currently pitching the agency are Boise, Idaho, Grand Junction, Colorado, and Salt Lake City, which may well be the early favorite. Not only is Salt Lake City currently implementing $3.2 billion in improvements to its international airport, which is a Delta Air Lines hub, but it has a strong track record of wooing federal installations such as the $1.2 billion NSA Data Center, which opened in 2013.]]> 15340 0 0 0 https://landreport.com/2018/09/zinke-nixes-proposed-interior-department-land-sale/ Tue, 25 Sep 2018 07:00:38 +0000 https://www.landreport.com/?p=15345 The potential sale of more than 1,600 acres of federal land located within the previous boundaries of Utah’s Grand Staircase-Escalante National Monument was announced in mid-August and then quickly canceled. “The secretary did not see the proposal before it went out and was not happy about it,” said a senior Interior Department official, according to The Salt Lake Tribune. Deputy Secretary David Bernhardt said that the agency’s proposal to privatize these lands was “inconsistent” with department policy and would be changed. “The failure to capture this inconsistency stops with me,” the deputy secretary wrote in a memo obtained by The Tribune. Bernhardt's memo said that no BLM lands will be sold. “As the secretary has made clear throughout his tenure, the Department of the Interior is opposed to the wholesale sale or transfer of public lands to states or private interests,” wrote Bernhardt. Click here to read more. ]]> 15345 0 0 0 https://landreport.com/2018/09/public-lands-primer/ Wed, 26 Sep 2018 07:00:47 +0000 https://www.landreport.com/?p=15349 Bison graze on Bureau of Land Management land in Wyoming. According to the Congressional Research Service, the agency administers more federal lands in the United States than any other agency – 248.3 million acres or approximately one-tenth the nation’s surface area. In addition, it manages some 700 million acres of mineral estate nationwide.[/caption]

  Not all public lands are created equal. That is especially the case out West where almost half the land – 47 percent – is owned by Uncle Sam.

  Text by Ken Mirr Four or five years ago, I listed a historic ranch in Utah right next to Capitol Reef National Park. In operation for more than a century, the Sandy Ranch is a high-desert outfit that runs about 1,000 head on 6,970 acres. Doesn’t make sense, does it? A cow-calf pair per every seven acres in the middle of the desert? Welcome to the West. The reason these figures do make sense is because immediately adjacent to the Sandy are more than 170,000 acres of Bureau of Land Management lands that the ranch leases. And in the Dixie National Forest, the ranch leases 72,000 acres of grazing lands. There’s a lesson here. Landowners and their managers must understand the underlying advantages and the potential conflicts to owning land in the West. The overwhelming majority of the federal government’s 610 million acres falls under the jurisdiction of four agencies: the Bureau of Land Management (BLM), the National Park Service, the US Fish and Wildlife Service, and the US Forest Service. The Interior Department oversees the first three agencies; the Forest Service is under the Department of Agriculture. Each of these federal agencies has its own rules and procedures about access to and use of its lands. [caption id="attachment_15352" align="aligncenter" width="588"] BLM. Although it was formally established after World War II, the roots of the Bureau of Land Management (BLM) go back to the earliest days of the Republic. Initially, public domain lands were the purview of the Treasury Department. In 1812, an independent agency called the General Land Office was created to oversee the burgeoning portfolio. In 1946, the General Land Office merged with the United States Grazing Service, and the new agency was christened the Bureau of Land Management.[/caption] In my experience, the most common interface ranchers have with federal public lands is via the BLM and the Forest Service. The Park Service runs a distant third, and Fish and Wildlife fourth. While Fish and Wildlife administers 89 million acres of federal land, only a small portion can be found in the West; 86 percent of Fish and Wildlife lands are in Alaska. Additional holdings are along the Gulf Coast. By contrast, the BLM manages more land – over 248 million surface acres – than any other federal agency. The agency also manages the mineral estate on 700 million subsurface acres. The latter figure tallies out to 30 percent of the nation’s minerals. BLM management priorities are similar to those of the Forest Service. They include grazing, timber, energy development, recreation, wildlife and fish habitat, conservation, and watershed enhancement. Historically, each agency has emphasized different uses with BLM managing more rangelands and the Forest Service more forests. More than 155 million acres of BLM land is used for livestock grazing. That works out to nearly 18,000 permits and leases held by ranchers who primarily graze cattle and sheep. Permits and leases generally cover a 10-year period and are renewable if the terms and conditions of the expiring permit are being met. Keep in mind that the history of the Western states is closely tied to livestock grazing. During the 1800s, large ranching operations were established using the free forage typically available on public domain lands. While these cattle and sheep empires waned after restrictions on grazing were imposed in the early 20th century, much of the culture of the rural West is still closely tied to this heritage. Many rural communities are still dependent upon ranching for their economic livelihood, and most ranches out West utilize federal and state lands for at least a portion of their grazing lands. One of my current listings, the Lower Ranch at Cross Mountain (above), exemplifies this. The ranch’s 27,000 deeded acres are not contiguous. Thanks to BLM leases, these private lands are stitched together with more than 100,000 acres of BLM land, filling in the gaps and creating a unified management opportunity. The Forest Service is the oldest of the four federal land management agencies. Its mission is to sustain the health, diversity, and productivity of the nation’s forests and grasslands to meet the needs of present and future generations. Currently, the Forest Service manages approximately 193 million acres of federal lands. Not only do these forests contain some of the most breathtaking scenery in the country, but they also possess valuable resources. And they are the source of drinking water for millions of Americans. [caption id="attachment_15353" align="aligncenter" width="588"] FOREST SERVICE. The scenic splendor of our national forests and the range of activities available can be a double-edged sword for landowners. Last year, an estimated 177 million visited one of the country’s 154 national forests where they enjoyed 158,000 miles of trails and 375,000 miles of forest roads – and some of the world’s most celebrated fly fishing.[/caption] Forest Service lands are managed for multiple uses, including timber, water, recreation, conservation, livestock grazing, wildlife and fish habitat, and wilderness. Landowners interface with the Forest Service on a myriad of issues. For instance, ranchers typically have to deal with grazing rules and regulations that bear some similarity with the BLM. A private landholding that shares a fence line with a national forest enjoys many benefits ranging from scenic vistas to wide open spaces. Privacy, however, is not always guaranteed. Last year, the Forest Service welcomed an estimated 177 million visitors to our 154 national forests. These visitors hiked on 158,000 miles of trails and drove every imaginable vehicle on approximately 375,000 miles of forest roads. Another area of concern is wildfires jumping from public to private lands. According to the Colorado State Forest Service, one-fifth of that state’s forestland succumbed to the mountain pine beetle. The devastating loss of 800 million trees on 3.4 million acres has a wide range of implications, including a dramatic shift in budgetary allocations by the US Forest Service. Fire suppression once took up 15 percent of the agency’s budget. That amount has ballooned to 55 percent. Believe it or not, there is a lot more to the National Park Service than national parks. The agency also oversees national monuments, battlefields, lakeshores, seashores, recreation areas, scenic rivers and trails, and other areas. At all these areas, the National Park Service is highly vested in preservation. (Compare this to the Bureau of Land Management and Forest Service lands, which have multiple use mandates.) Approximately 84 million acres fall under its authority; roughly one-quarter of that acreage is out West, including Yellowstone National Park, the world’s first national park. With more than 4 million visitors in 2017, Yellowstone is one of the nation’s most popular parks. It has also seen its share of controversies, including one that pit neighboring landowners against the park service’s decision to reintroduce the grey wolf into the Greater Yellowstone ecosystem in 1995. [caption id="attachment_15354" align="aligncenter" width="588"] NATIONAL PARK LANDS. The world’s first national park – Yellowstone – was established in the northwest corner of the Wyoming Territory in 1872. Yet it wasn’t until 1916 that the National Park Service (NPS) was founded to manage the growing number of parks established by Congress and monuments proclaimed by the president. Currently, there are 417 areas in the park system, including battlefields, lakeshores, seashores, recreation areas, and scenic rivers and trails.[/caption] My experience working with landowners who neighbor a national park has generally been positive. Take, for instance, Utah’s Trees Ranch which I listed in 2011. One of the most scenic properties in the Southwest, the Trees Ranch borders Zion National Park. With 4.5 million visitors a year, Zion enjoys greater visitation than Yellowstone. Privacy issues immediately come to mind, right? Wrong! For starters, Lower Parunuweap Canyon has been designated a natural research area. This means that the acreage on Zion closest to the ranch is off limits to the public. Secondly, additional parkland adjoining the ranch has been designated “wilderness.” Thirdly, federal legislation has designated the adjoining stretches of the East Fork of the Virgin River and Shunes Creek as wild and scenic. Rather than impact the ranch negatively, proximity to this popular national park has imparted additional privacy. In a curious incident of statehood, most states west of the Mississippi River received grants of federal land to assist in the funding of public education and other programs. Known variously as school lands, trust lands, or grant lands, these properties are managed by agencies called land offices, land commissions, or land boards. There are approximately 46 million acres of state trust lands nationwide. The lion’s share – more than 40 million acres or approximately 85 percent of this total –is concentrated in nine Western states: Arizona, Colorado, Idaho, Montana, New Mexico, Oregon, Utah, Washington, and Wyoming. Because of state trust lands’ provenance, the public does not necessarily enjoy access to these lands for recreational uses as they do BLM, national forests, or national parks. Instead, they benefit the public by the revenues they generate. [caption id="attachment_15355" align="aligncenter" width="588"] STATE TRUST LANDS. Also known as school lands or grant lands, these 40-plus million acres were deeded to Western states by the federal government to benefit public schools. Since their purpose is not recreation but to generate revenues for education, state trust lands are not as “public” as other government lands. Instead, they are typically leased for grazing, forestry, or mineral extraction.[/caption] The management of state trust lands focuses primarily on generating revenues via livestock grazing and the lease and sale of natural resources such as timber, coal, and oil and gas. The rules and regulations applicable to state trust lands have changed significantly over the years and can vary not only from state to state but also with the different federal land management agencies. The good news is that these permits tend to have many similarities with the BLM’s. Prior to founding Mirr Ranch Group, Ken Mirr worked as a public lands attorney and assisted ranchers, ski areas, natural resource companies, conservation groups, and others with transactions involving federal and state land agencies. The Denver-based broker won 2015 Ranchland Deal of the Year honors for the sale of Colorado’s JE Canyon Ranch.]]> 15349 0 0 0 https://landreport.com/2018/09/bill-gates-pays-171-million-for-washington-farmland/ Thu, 27 Sep 2018 07:00:35 +0000 https://www.landreport.com/?p=15356 $136 million to acquire 38,453 acres of Florida ranchland. The seller was the Latt Maxcy Corporation, which liquidated the last remaining portion of the historic El Maximo Ranch.

  Multiple Corporate Layers

  Several layers of corporate ownership veiled the Eastern Washington acquisition. Wendy Culverwell at the Tri-City Herald identified Angelina Ag Company, a Louisiana corporation, as the buyer. Though domiciled in Louisiana, Angelina Ag Company shares the same corporate mailing address as Gates’s Cottonwood Ag Management in Kirkland, Washington. Cottonwood Ag did not respond to inquiries from The Land Report.

  Horse Heaven Hills

  According to tax records, John Hancock Life Insurance paid $75 million to acquire the farmland in 2010. The acreage includes 10,500 acres of irrigated farmland, 3,900 acres of rangeland, and 140 acres of other land. The tract is located in a highly productive agricultural region known as Horse Heaven Hills. “Growers in Horse Heaven Hills produce apples, cherries, carrots, dryland and irrigated wheat, and row and field crops,” says Dr. Alan Busacca, professor emeritus at Washington State University. “In addition, the state’s oldest winery, Chateau Ste. Michelle, has two of its largest vineyards in that AVA: Canoe Ridge Vineyard and Columbia Crest Vineyard,” says the soil scientist, geologist, and viticulturist. Washington is the second largest wine-producing state in the nation. The Horse Heaven Hills have their own distinct American Viticultural Area (AVA) and are also a component of the enormous Columbia Valley AVA, which encompasses more than 11 million acres in Washington and Oregon. This article was updated to credit Wendy Culverwell as the reporter who broke the story of the Horse Heaven Hills transaction in the Tri-City Herald.]]> 15356 0 0 0 The former chairman of Microsoft makes a landmark farmland acquisition in Eastern Washington.]]> https://landreport.com/2018/09/land-report-top-ten-rockies/ Thu, 27 Sep 2018 07:00:33 +0000 https://www.landreport.com/?p=15360 ON GUARD. A majestic sentry stands watch over Spring Gulch Ranch, a Graham-Faupel-Mendenhall & Associates’ listing in Teton County, Wyoming.[/caption]

  The Magazine of the American Landowner presents the leading land listings in the American West!

  Text by Eric O’Keefe

  1. West Creek Ranch | Mesa County Colorado and Grand County, Utah | $149 Million

  Encompassing more than 10 square miles, the most expensive listing in the American West straddles the rugged Colorado—Utah state line and includes portions of the geologic wonder known as Unaweep Canyon. Credit Discovery Channel founder John Hendricks with crafting this masterpiece. The ranch’s 22,000-square-foot main residence has eight bedrooms and eight bathrooms on four levels connected by elevator. Fountains, fireplaces, a chef’s kitchen, an art studio, a two-story library, a theater, a gym with pool and spa, a five-car garage, staff quarters, geothermal heating – the list of amenities is seemingly endless. An additional six bedrooms are available at the spacious guest house, stables, and a deluxe cabin. Improvements on the land range from an astronomical observatory to irrigated equestrian and bison pastures, fishing ponds, a trout stream, and a grass airstrip with its own hangar. Who’s to say what’s more impressive: the sunset views of Utah’s La Sal Mountains or the oversized dinosaur track planted on the ranch? [Listed by LIV Sotheby’s International Realty | www.livsothebysrealty.com]

  2. Cross Mountain Ranch | Garfield, Moffatt, Rio Blanco, and Routt Counties, Colorado | $100 Million

  Totaling 224,050 acres, including 56,050 deeded acres and 168,000 leased acres, Cross Mountain is an agricultural powerhouse without peer on today’s market. Set in the heart of some of the most breathtaking terrain in the Centennial State, Cross Mountain’s Upper Ranch sits less than an hour from Steamboat Springs and a full slate of year-round activities. It’s even closer to the Yampa Valley Regional Airport. In addition, the Upper Ranch is home to North America’s largest elk herd. The ranch participates in Colorado’s Ranching for Wildlife Program, which provides significant benefits including additional tags and longer seasons. Farther west, the Lower Ranch possesses valuable senior water rights, and includes 12 miles of frontage on the Yampa River and 6 miles of frontage on the Little Snake. These riparian assets are in addition to more than two miles of the Williams Fork and numerous creeks and streams on the Upper Ranch. The combined carrying capacity of this diverse operation? Two thousand head of cattle and 10,000 sheep. [Listed by Mirr Ranch Group | www.mirrranchgroup.com]

  3. Nottingham Ranch | Eagle County, Colorado | $100 Million

  This legacy ranch is not just a mountain kingdom; it’s a plug-and-play opportunity. The well-established cow-calf operation runs 1,200 pair on 19,943 deeded acres plus an additional 50,000 acres of leased BLM and Forest Service lands. In addition to plentiful grazing, the Nottingham utilizes 1,200 acres of pivot-irrigated pasture and 2,000 acres of flood-irrigated pasture to produce 3,500 tons of hay annually. Headquartered near Burns, the ranch encompasses both sides of the Colorado River and abuts the renowned Flat Tops Wilderness Area, one of the largest wilderness areas in the Centennial State. In other words, the recreational component on the Nottingham is robust and a key revenue stream. The current outfitter has been on board at the ranch for more than two decades, enhancing stability and bolstering cash flow. Included in the sale are all livestock and equipment, seven residences, additional cabins, and immensely valuable senior water rights. One final note: the bright lights of Vail and Beaver Creek glitter just over an hour away via Highway 131 and Interstate 70. Eagle County Regional Airport (EGE) and its 9,000-foot runway? It’s a short 45-minute commute. [Listed by Slifer Smith & Frampton Real Estate | www.nottinghamranch.com]

  4. Spring Gulch Ranch | Teton County, Colorado | $69 Million

  A one-of-a-kind opportunity in Jackson Hole, Spring Gulch affords the matchless resources of one of America’s most enchanting valleys as well as the tax advantages of the Cowboy State (see page 28). This contiguous 580-acre holding is the last significant portion of the famed Bar BC Ranch, a Teton Valley landmark that dates back to 1912. The ranch is comprised of six parcels ranging in size from 35 acres to 162 acres and is available in its entirety, in combinations, or as individual parcels. Prices on the tracts range from $8.9 million to $14.5 million. Each of the six parcels features stunning views of Grand Teton National Park; thanks to existing conservation easements, these vistas are assured in perpetuity. All parcels include private fishing access on the world-famous Snake River through the Bar BC Ranch. Home to Snake River fine-spotted cutthroat trout, the headwaters of the Snake received federal designation as a Wild and Scenic River and are overseen by the National Park Service. Off property, Jackson Hole offers an array of activities, ranging from cross-country skiing and downhill skiing at three different mountain resorts to championship golf at five different clubs. [Listed by Graham-Faupel-Mendenhall & Associates | Details: www.grahamfaupelmendenhall.com]

  5. Cerro Pelon Ranch | Santa Fe County, New Mexico | $65 Million

  Consisting of 16,208 deeded acres and 4,454 leased acres in Santa Fe County’s Galisteo Basin, this landmark holding exudes history. Native American artifacts such as petroglyphs, pottery shards, and pueblo ruins are interspersed with mining relics from the gold, malachite, and turquoise plays in the nearby Cerrillos Hills. More recently, the current owner commissioned Tadao Ando to design and site two private compounds on Cerro Pelon. The first, including the main residence, was built by the design-build firm of Marmol Radziner. The firm also designed and constructed a separate ranch manager’s headquarters that blends with Ando’s designs. Complete architectural plans and scale models for Ando’s second residential compound are also in hand. It will be sited on the highest point of the ranch. In addition to staff housing, Cerro Pelon has a complete Western town that has been used for scores of movies, TV shows, and photo shoots. Among the productions filmed on the property are Silverado (1985), Lonesome Dove (1989), Wild Wild West (1999), All the Pretty Horses (2000), 3:10 to Yuma (2007), and Cowboys & Aliens (2011). [Listed by Kevin Bobolsky Group | Details: www.kevinbobolskygroup.com]

  6. Four Peaks Ranch | Pitkin County, Colorado | $58.5 Million

  Jaw-dropping views of Snowmass Mountain, Capitol Peak, Mount Daly, and Mount Sopris serve as the inspiration for this 876-acre getaway’s name. Crisscrossed with 15 miles of private trails, Four Peaks offers a virtually limitless menu of activities on-site, including hiking, mountain biking, horseback riding, snowmobiling, and cross-country skiing. Need a little extra challenge? Then consider finding your way through the private labyrinth. Or hit the beach in your own cabana. Or go work on your short game on the chipping-and-putting green. The Craftsman-style residence, which totals 18,000 square feet, is a masterpiece in its own right. Every bedroom suite comes with a steam shower, and the master wing includes his and her baths. There are two private offices, a magnificent dining room, a large-screen theater with plush leather seating and its own stage, and a climate-controlled wine room. And then there’s the massage room, which offers a chromotherapy tub, a Vitamin D-infused sauna-and-steam room, a portable oxygen bar, an exercise room, and an indoor/outdoor saltwater pool with grottos and waterfall. Did I mention this was in Aspen? [Listed by Aspen Snowmass Sotheby’s International Realty | www.aspensnowmasssir.com]

  7. The IX Ranch | Chouteau County, Montana | $58 Million

  Consider this aspect to the IX: in its 128-year history, the ranch has only had two ownership groups. That’s the definition of a legacy cattle operation, and it’s just one of many elements that makes the IX such a standout. The ranch’s single-iron IX brand was first registered in 1877 when Montana was still a territory. Listing broker Dave Johnson has been selling ranches in Montana for more than three decades. He doesn’t consider the opportunity to acquire the IX a once-in-a-generation opportunity. In his opinion, given its track record, the IX is a once-in-three-generations opportunity. The 126,225-acre cattle ranch includes 59,809 deeded acres, 39,054 acres of state leased land, 9,527 acres of BLM lease, and 17,835 of private leased land. The real tally is the ranch’s P&L: Through 2016, the adjusted five-year average net income, calculated on the basis of EBITDA, was $1.8 million. The wildlife component of this Big Paw Mountains property is equally impressive (above). The most recent published reports list the big-game populations on the IX at approximately 425 elk, 295 mule deer, 300 whitetails, 355 antelope, and 39 mountain lions. [Listed by Hall and Hall | Details: www.hallhall.com]

  8. Piedra Valley Ranch | Archuleta County, Colorado | $46 Million

  Talk about privacy! This 9,600-acre retreat sits in its own valley and shares nine miles of fenceline with the million-acre San Juan National Forest. Yet the front gate is just 10 miles from the vibrant resort community of Pagosa Springs. “Piedra Valley Ranch offers the rare opportunity to acquire a large contiguous block of beautiful and essentially untouched land in immediate proximity to one of Colorado’s favorite mountain communities,” says listing broker Cody Lujan. Improvements are functional, not gaudy, and require less oversight and upkeep than many properties. A six-bedroom, six-and-a-half bathroom mountain home situated at the south end of the ranch serves as the main residence. Additional structures include a caretaker’s apartment, a shop and garage, a lakeside cabin, a cowcamp house, and shipping pens. Piedra Valley Ranch is perimeter fenced and cross-fenced into three large pastures. Each has requisite water to sustain cattle and wildlife. Plumtaw and Cottonwood Creeks harbor small trout and run through the property for roughly one-third of a mile before converging and forming the head of O’Neal Creek, which meanders for four-and-a-half miles through the ranch. [Listed by Hall and Hall | Details: www.hallhall.com]

  9. Owl Mountain Ranch | Pitkin County, Colorado | $42 Million

  A unique offering even by Aspen’s lofty standards, Owl Mountain Ranch is the only ski-in, ski-out property that includes West Buttermilk Ski Area access. Set on 61 acres, the property features more than 30,000 square feet of functional spaces, including a 15,664-square-foot main residence that includes seven bedrooms, seven full bathrooms, three half baths, a great room, a chef’s kitchen with two ovens, a study, a theater, a pub room, a wine room, a billiards room, and a dining room that can accommodate up to 50 guests. In addition, Owl Mountain has 4,600 square feet of year-round terraces for taking in the to-die-for views no matter the temperature. Additional structures include a 2,000-square-foot caretaker’s home with three bedrooms and three full baths as well as a 7,500-square-foot barn for equipment storage that includes a 3,000-square-foot heated vehicle maintenance center and lift. As you may have already surmised, the property has its own private ski run. That’s one of the benefits of owning land in the middle of the great outdoors with an adjacent ski area and the Maroon Bells-Snowmass Wilderness Area close by for hiking, biking, and exploring. [Listed by Aspen Snowmass Sotheby’s International Realty | www.aspensnowmasssir.com]

  10. Motherwell Ranch | Routt County, Colorado | $39.5 Million

  Most larger holdings in the Rockies are not contiguous. More often than not, they consist of separate tracts cobbled together by different owners with public and private inholdings checkerboarding the landscape. And in many cases, neighbors and even the public have the right to cross a ranch in order to access adjacent lands. Not so at the Motherwell. A single privately deeded block, these 16 square miles rise from the Williams Fork River some 2,500 feet to the lava cliffs that mark the ranch’s southern boundary with the Routt National Forest. In addition to superb fishing on 3.3 miles of Williams Fork frontage down low, the Motherwell has three high-mountain lakes ranging in size from 10 acres to 16.5 acres and more than 90 natural and man-made ponds. These aquatic resources are complemented by the Motherwell’s location in Northern Colorado’s coveted Game Management Unit 12. “The overall hunting experience offered at the Motherwell is so exceptional that we stay fully booked year after year, without the need to do any advertising,” says Brian Gardner, the ranch’s executive director. The Motherwell can be managed for a variety of grazing options, including a ranch herd of 200 to 250 head as well as a yearling program. [Listed by Hall and Hall | Details: www.hallhall.com]]]> 15360 0 0 0 https://landreport.com/2018/09/land-report-september-2018-newsletter/ Sat, 15 Sep 2018 07:00:05 +0000 https://www.landreport.com/?p=15374 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 sale of Florida's El Maximo Ranch to the Investment Corporation of Dubai to rank as the most expensive US land transaction in 2018. Learn more about this developing story in our September  newsletter. For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 15374 0 0 0 https://landreport.com/2018/10/for-sale-little-woody-creek-ranch/ Wed, 03 Oct 2018 07:00:47 +0000 https://www.landreport.com/?p=15385 MADE TO MEASURE. In 1997, John and Aimee Oates built this five-bedroom, four-and-a-half bath log home just outside Aspen.[/caption]

  John and Aimee Oates bid a fond farewell to their Aspen getaway.

  | Photography by Aubree Dallas How John Oates came to own Little Woody Creek Ranch is indeed unique. “I had put a contract on a house in town in Aspen. It was right downtown, and it was right around the time that my wife – well, Aimee was actually my girlfriend at the time – we were getting more serious. She grew up on a farm in Illinois, a farm girl from the Midwest, and when she saw the house in town she liked it and all, but she said, ‘Boy, I wish we could have chickens.’ I knew right then we needed some land,” he tells me. You know John Oates. You certainly know his music. Thanks to record sales of more than 40 million, Billboard named Daryl Hall and John Oates, aka, Hall & Oates, the “most successful duo of the rock era.” With No. 1 hits such as “Sara Smile,” “Maneater,” “Kiss On My List,” and “Rich Girl,” the Philly-based one-two punch crushed the pop-music hit charts in the ‘70s and ‘80s, putting 34 hits on the Billboard 100, including one of my favorites, “Friday Let Me Down,” on which John sings lead. The duo received a star on Hollywood’s Walk Of Fame in 2016. [caption id="attachment_15388" align="aligncenter" width="588"] THE HIDEOUT. Little Woody Creek Ranch sits tucked away in the heart of Woody Creek just minutes from downtown Aspen via McLain Flats Road.[/caption] Back to serendipity: “A very good friend of mine was a realtor in town,” John continues. “I reached out to him, and he started showing us some properties. He showed us this one particular property in Woody Creek, and it was literally raw land with two dilapidated cabins. Basically, a barn and a cabin. We thought it felt right. We fell in love with it and, as it would turn out, it was actually owned by one of my friends from London. At that time we didn’t know it. We didn’t realize he owned it. So when we started doing due diligence on the property, I realized it was owned by a guy that I had known for 20 years who lived in London. He had always planned to develop it and build a vacation home on it, but he never got around to it. So I literally called my friend over in England and said, ‘Hey, we’re looking at your property. What’s the deal? Can we make this simple?’ He goes, ‘Yeah, man. Let’s just do this.’ So it was this seamless and incredibly easy situation where we ended up buying the property from my friend and that was it,” John tells me during a 20-minute call from his home in Nashville. [caption id="attachment_15389" align="alignright" width="166"] Wonderful accents are found throughout the
  property, which is home to Aimee’s chickens,
  llamas, alpacas, emus, and peacocks.[/caption] When John and Aimee bought the land in 1994, they quickly found out that they had a friendly squatter. “Our neighbor across the street, Hunter S. Thompson, was keeping his legendary Red Shark Cadillac convertible in the garage on our property. I guess he needed a place to park it, which I thought was indicative of what the neighborhood was going to be like, and I was right.” John says with a very good-hearted laugh. When I asked John to elaborate, he chuckles. “Woody Creek has always been the bohemian suburb of Aspen. When I lived in Manhattan, I lived in Greenwich Village and, of course, it was full of artists and musicians and actors and various creative types. So I felt right at home in Woody Creek from the very beginning. Don Henley lived down the road. Don Johnson lived not far from him. Jimmy Ibbotson from The Nitty Gritty Dirt Band lived up the road from us – still does – and Hunter Thompson lived across the street. My closest neighbor was Bob Beattie, the legendary ski coach, who we shared a lane with,” he says. “It was this really great community of well-known but down-home people,” he says. A custom log cabin now graces the land. It features five bedrooms, four-and-a-half baths, and a two-car garage. The fifth bedroom was eventually converted to a caretaker’s quarters with its own kitchen and its own private entrance. All told, the cabin includes 3,961 square feet and features an open-concept living room with cathedral ceiling, massive picture windows that highlight mountain views, and an inviting floor-to-ceiling fireplace. The main kitchen was remodeled a year ago. There is also a home gym, a game room, and a second fireplace in the master bedroom. John’s farm girl bride runs her chickens as well as a few rescue llamas, alpacas, emus, and peacocks on the four-plus acres. Two wells water the property, one for domestic use and one for agricultural use. The outbuildings include a loafing shed, a heated studio, and a tool shed with an indoor/outdoor dog run. The acreage would make a perfect horse property. And it’s ideally situated, close to everything but not too close. “In terms of location, it’s got so many positives,” John says. “You’re exactly eight miles from downtown Aspen. The good news is you don’t have to take Highway 82, which is the main highway. That can get very crowded in-season. McLain Flats Road parallels Highway 82, and you can literally just drive in and out of town with no traffic. [caption id="attachment_15390" align="aligncenter" width="588"] LEFT: Oversized windows invite the bright light of the Colorado Rockies. RIGHT: The floor-to-ceiling gas fireplace warms the open-concept living room.[/caption] “And then, by the same token, now that the down-valley areas – places like Basalt and Carbondale – have developed and become so cool and hip, you’re equal distance between Aspen and these new down-valley communities, which are amazing and have Whole Foods and great restaurants. So you’re really in between these two great communities, but at the same time you have a very rural feel,” he adds. These days, Nashville has become John and Aimee’s primary home. “I started coming to Nashville in the late ‘90s,” John says. “And then in the early 2000s, when my son went to boarding school, Aimee and I became empty nesters at an early age. I was really not touring very much with Daryl Hall, and I wanted to do something creative. I started to make a lot of friends in Nashville, making trips periodically through the late ‘90s and early 2000s. It was right around 2010, when the flood hit Nashville, that I was about to start a project there. I realized I was spending more money on flights, rent-a-cars, and hotels than I was on my actual recording project. And I said to myself, ‘This is not right.’ So one day, when I was in the recording studio, it occurred to me that we might want to spend some more time in Nashville. So I asked Aimee, ‘Why don’t you go see if there’s an apartment nearby we could rent?’ And that’s what she did. [caption id="attachment_15391" align="aligncenter" width="588"] THE SHOW MUST GO ON. The Rock & Roll Hall of Famer is on tour this summer, performing solo as well as with Daryl Hall. See www.JohnOates.com for dates.[/caption] “We bought this great condo and lived there until about two and a half years ago when we found an amazing house. Our son was living on the East Coast, and my father is still in Pennsylvania. So every year since 2010, we started spending a little more time here. Soon it became apparent that we were actually living in Nashville. We realized we were kind of orienting ourselves a little bit more east, and that’s when we made the transition. Then, of course, we bought a house. We’re very happy with our new house so that’s what made the difference.” Scott Davidson of Aspen Associates Realty has the listing on the Little Woody Creek Ranch as well as Bob Beattie’s adjacent 6.8-acre legacy ranch. For more details, go to: JohnOatesRanch.com.]]> 15385 0 0 0 https://landreport.com/2018/10/2017-land-report-100-lee-family/ Mon, 08 Oct 2018 07:00:15 +0000 https://www.landreport.com/?p=15393

  No. 42 Lee Family

  275,000 acres After World War I, a doughboy named Floyd Lee (1895 — 1987) began working as a hand on the Fernandez Ranch in Cibola County, New Mexico. By the time of his death decades later, Lee had assembled an enormous sheep and cattle operation and had served as the president of the New Mexico Wool Growers Association. Click here to see the 2017 class of America’s largest landowners. ]]> 15393 0 0 0 https://landreport.com/2018/10/monsanto-seeks-to-have-289-million-verdict-thrown-out/ Tue, 09 Oct 2018 07:00:13 +0000 https://www.landreport.com/?p=15396 In September, the company asked to have the landmark verdict set aside (or the award reduced) in the case brought by California school groundskeeper Dewayne Johnson. Johnson alleged that the glyphosate in weed killers like Roundup and Ranger Pro gave him non-Hodgkin’s lymphoma. Bayer, Monsanto’s parent company, saw its stock slide significantly after the August verdict. Monsanto said in its Tuesday filing that the jury’s decision wasn’t based on evidence, citing a 2017 EPA report that glyphosate was not a likely carcinogen. Johnson’s case was fast-tracked due to the severity of his cancer, and the company faces about 8,000 similar cases across the country. A hearing on Monsanto’s motion is scheduled for October 10. Click here to read more. ]]> 15396 0 0 0 https://landreport.com/2018/10/us-attorney-sues-hemp-farm/ Thu, 11 Oct 2018 07:00:50 +0000 https://www.landreport.com/?p=15401 The Charleston Gazette-Mail reports the U.S. Attorney for the Southern District of West Virginia filed a civil suit against a Mason County hemp farm. Although state laws allow the cultivation, sale, and purchase of industrial hemp, the suit alleges the seeds were purchased in Kentucky and transported over state lines. The complaint notes the state’s program allows hemp producers to obtain seeds internationally, by going through the state’s Department of Agriculture. A lawyer for the farmers maintains that state law allows seeds to be purchased internationally, yet does not require it. The suit also alleges the farm’s intent to distribute marijuana instead of hemp. Since these charges are civil instead of criminal, the government could seize the farmers’ property, plants, equipment, and seeds. The farm is being allowed to harvest its crop (though not sell it) while the judge considers a final ruling. Click here to read more. ]]> 15401 0 0 0 https://landreport.com/2018/10/catchmark-timber-trust-acquires-18000-acres-in-oregon/ Mon, 15 Oct 2018 07:00:05 +0000 https://www.landreport.com/?p=15405 In its first Pacific Northwest purchase, the company gains 18,063 prime acres known as the Brandon Property from Forest Investment Associates (FIA) for $88.8 million. The acquisition was funded with cash on hand and borrowing under an amended credit facility. The property is located between Coos Bay and Roseburg, about 150 miles southwest of Portland. It features merchantable stocking of commercial conifers, most notably Douglas fir, along with sustainable pre-merchandisable acres. “The Brandon investment is an attractive pure-play timber purchase, driven by long-term harvest yields in an exceptionally strong and dynamic market,” says CatchMark President and CEO Jerry Barag. Over 90 percent of the expected five-year average harvest volume will be derived from sawtimber. American Forest Management will handle property management. Separately, CatchMark agreed to sell 56,000 acres of timberlands in Texas and Louisiana to FIA for $78.5 million. Click here to read more. ]]> 15405 0 0 0 https://landreport.com/2018/10/yellowstone-club/ Mon, 22 Oct 2018 09:34:22 +0000 https://www.landreport.com/?p=15415 MORE THAN 100 RUNS. The members-only ski mountain offers 2,700 skiable acres and is marked by a 2,700-foot vertical drop. The diverse terrain varies from gentle beginner’s slopes to tree skiing and expert chutes. [Photo Credit: Ryan Turner Photography][/caption]After spending eight years living and working in Russia with his family, Loren Bough and his wife knew they wanted their kids to grow up on a ranch in Montana instead of in a faraway land. As a fifth-generation Montanan who was raised in a farming and ranching family in a small town near Great Falls, Bough knew all about traditional ranch life. But when he moved back to the Treasure State, he followed a different path. Instead of buying rural ranchland, he bought a 160-acre ranch lot in the Yellowstone Club, a private community in Big Sky, Montana. “A lot of people buy ranches and don't realize they’re going to be hours away from amenities,” Bough says. “Here, we can have privacy – we have 5,500 acres of the Lee Metcalf Wilderness in our backyard. It feels wilder than Yellowstone National Park, with fewer people, but it’s just 10 minutes away from world-class dining and skiing.’’ There are seven Yellowstone Club ranches currently on the market, ranging in size from 160 to 360 acres, and in price from $9.75 to $25 million. Only one of the properties has any structures. They are blank slates for families looking to customize a luxury legacy property. “It’s unusual in the aspect that the other opportunities at Yellowstone Club are smaller,” Bough says. “This way you can build an entire compound, seven to eight structures, up to 24 bedrooms, for many generations, and they are eligible for multiple memberships.” To many people, the thought of owning a Montana ranch represents the polar opposite – total independence, autonomy, a rugged way of life – this is a place where you can have those aspects as well as the makings of a luxury vacation at your fingertips. For some, it’s the best of both worlds.

  Grand Entrance

  After you’ve cleared the security gates to the Yellowstone Club, a winding mountain road takes you onto the grounds. It’s hard not to be distracted by the scenery: timbered hills and towering peaks in almost every direction. Homes start popping up here and there, some settled into ridgetops, others perched slopeside among tall pine trees. Straight ahead you can make out ski runs cut into the side of Pioneer Mountain, with the Helmet and Sphinx Mountains jutting into the sky farther back. As you come around the last bend – poof – a bustling little village appears out of nowhere. [caption id="attachment_15418" align="alignleft" width="300"] THE GREAT OUTDOORS. Ranch owners at the Yellowstone Club can select from a myriad of adventures on their land, at the club, and at renowned destinations including Yellowstone National Park just minutes away. [Photo Credit: Tony Denim Photography][/caption]But first it’s important to understand the Yellowstone Club itself – what it is, and where it’s going.The 140,000-square-foot Warren Miller Lodge – named after the legendary filmmaker who was a member of the club since its inception in 1997 – anchors the village, a ski lodge in the winter, and a base camp for outdoor activities during the summer months, with dining and lounge areas, fireplaces to snuggle up to, and even shopping. Built in 2007, the lodge was the first element of the infrastructure, a landmark representing the permanence of this private club. Today, it’s surrounded by fenced -off scaffolded buildings, with newly placed siding and the wood and steel frames of new structures being erected to keep up with the demand for residences.

  Private Powder

  The 15,200-acre Yellowstone Club was created around a seemingly simple idea: private powder. It would be a private ski area that was a haven for those who enjoyed the sport but didn’t like the hype and the hustle-and-bustle of more established venues like Aspen and Vail. In fact, the Yellowstone Club was described by The New York Times as the “anti-Aspen.” Tucked away in a breathtaking corner of the Northern Rockies, owners could escape their high-octane careers and their Who’s Who social lives to enjoy the good life: the nation’s largest private ski mountain in winter and an outdoor mecca in summer featuring an 18-hole Tom Weiskopf-designed golf course, horseback riding, trapshooting, miles of mountain biking trails, kids camps, fly fishing in Yellowstone National Park, and more. [caption id="attachment_15419" align="aligncenter" width="588"] NEXT LEVEL AMENITIES. Whether it be lounging at the new golf course clubhouse (above) or dining at the Rainbow Lodge, members enjoy world-class service in a rugged setting. [Photo Credit: Gibeon Photography][/caption]Although it endured some initial growing pains, including highly publicized bankruptcy proceedings, the Yellowstone Club ultimately created its own niche, thanks in large measure to Boston-based CrossHarbor Capital Partners. CrossHarbor’s cofounder, Sam Byrne, was a club member when the club ran aground during the Great Recession. In 2009, his firm paid $115 million for the assets and pledged another $100 million for capital improvements. Unlike many opportunistic investors, Byrne was as committed to the club’s members and creditors as he was to his own investors. The results speak for themselves. Today, the club is thriving with nearly 700 member families and only 20 percent of its memberships remaining to sell.

  Building For the Future

  During the planning stages, diversity was a key consideration. Thanks to the ranch parcels and two- to three-acre lots, new members built custom homes of their choice. “There are no cookie-cutter homes here,” says Dave Kisko of Yellowstone Club Realty. “People want to build their own nests. It’s become a very streamlined process.” More recently, buyer preference has led to the addition of more condominium units. According to director of sales Bill Collins, the immense amount of current construction is designed to fulfill the requests of members and the inventory needs of potential members. “The good news is that much of our construction will be done by the end of the year,” Collins tells me. “We’re doing what the members and buyers said they wanted, and people are pretty understanding. Ultimately, they are getting the facilities that will make a great place even better.” The new village core amenities will be centered around three new buildings being built near the Warren Miller Lodge and the base of the ski mountain. They will include ski lockers, a spa and fitness area, a market, underground parking, and two new restaurants. In addition to these community improvements, an additional 48 residential units with various floor plans and sizes are going up. “When we decided to add product, we introduced the nucleus village because many young families were looking to be in close [to the facilities] while older families were moving farther out,” says Kisko. [caption id="attachment_15421" align="aligncenter" width="588"] Clubhouse [Photo Credit: Gibeon Photography][/caption]Ranch owners and single-family homeowners can always enjoy their quiet havens away from the heart of the village. On the other hand, they always have the opportunity to be part of the Yellowstone Club community in any way they see fit, whether it be using the lodge facilities and dining areas, attending one of the summer barbecues, or enjoying the club’s New Year’s Eve party. “There are people who come here and just want the privacy. That’s what the ranch offers,” says Bough. “Skiing was the main attraction for us, and since that time, we’ve also met a great group of amazing people who have become friends over the years. My kids have friends all over the country.” As I grab breakfast in the Warren Miller Lodge one bright summer morning, people flow in and out. There’s a casual vibe, an easygoing, informal air. Some are dressed to go fishing or hiking in Yellowstone National Park. For others, it’s a day at the pool. [caption id="attachment_15422" align="alignleft" width="300"] TEED OFF. Members and guests access the 18-hole Tom Weiskopf-designed mountain course via the striking clubhouse. [Photo Credit: Tony Denim Photography][/caption] “It’s like the people here have Midwestern family values,” says Collins “If you want to be seen, go to Aspen. If you want to be outside with your family, come here.” Heck, maybe even buy a ranch here. But is it really a ranch? Clearly, we’re not talking about traditional working ranches. There’s no livestock grazing or hay growing. Fay Ranches’ founder Greg Fay gives me a great take on the club. Based in Bozeman, Fay Ranches built its reputation by specializing in recreational ranch properties throughout the Northern Rockies. Fay tells me that Yellowstone Club properties can be a great complement to those who also want a more traditional ranch experience. “Some of our clients who have bought remote ranches from us also want a higher amenity product with access to great restaurants and world-class skiing offered by the Yellowstone Club,” he says. “We’ve sold several properties in the club, and they have clients that look over the hedge and want something in addition to their Yellowstone Club property, something more like a working or sporting ranch.” Fay Ranches markets larger properties that average around 2,500 acres; they also tend to be more remotely situated. “Their product is distinctly different than ours. Our product is more of an adventure. You’re more on your own. If you get a flat tire, you better know how to change a tire. The Yellowstone Club is a wilderness experience with a high level of service. The two products don’t compete; they are very complementary,” he says. For the Bough family, the amenities offered on-site the club made it a perfect fit. “I think the Yellowstone Club offers some really unique aspects that combine old Montana with new,” Bough says. “For me, it’s a really great combination of the best parts of the Montana I grew up with and the new possibilities of Montana in the future.”]]> 15415 0 0 0 https://landreport.com/2018/10/land-report-october-2018-newsletter/ Mon, 15 Oct 2018 07:00:29 +0000 https://www.landreport.com/?p=15424 Tom Brokaw’s West Boulder Ranch and the Old Steen Place, an adjacent portion of the Burnt Leather Ranch, were sold to a single buyer by Fay Ranches on September 28. The combination of the two Montana holdings creates a 4,751-acre recreational property with 3 miles of frontage on the highly coveted West Boulder River as well as an outstanding wildlife component. Our October newsletter includes details on this noteworthy transaction as well as other news stories, including:
  • An Aspen ranch once listed for $59.5 million sells for $14.3 million.
  • The Supreme Court hears arguments regarding private property rights.
  • The Monadnock Conservancy protects a 167-acre New Hampshire farm.
  For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 15424 0 0 0 https://landreport.com/2018/10/tom-brokaws-west-boulder-ranch-sells-burnt-leather-ranch-included-in-transaction/ Thu, 25 Oct 2018 07:00:22 +0000 https://www.landreport.com/?p=15426 Combination of adjacent Montana listings creates peerless 4,751-acre property with world-class recreational features. Tom Brokaw’s West Boulder Ranch and the Old Steen Place, an adjacent portion of the Burnt Leather Ranch, were sold by Fay Ranches to an unnamed buyer on September 28. No financial details were revealed. Consisting of 4,128 acres, the West Boulder Ranch sits at the base of the Absaroka Mountains and abuts the Absaroka-Beartooth Wilderness. This region of South Central Montana offers prime habitat for trophy elk, mule deer, whitetail deer, antelope, and Hungarian partridge. Owned by the Brokaw family for almost 30 years, the West Boulder was listed for $17.9 million. The adjacent 623-acre portion of the Burnt Leather was listed for $6.95 million. The combination of the two holdings now boasts 3 miles of frontage on the highly coveted West Boulder River. Greg Fay of Fay Ranches had the listing on both the West Boulder and the Burnt Leather. “Seeing a single buyer combine these two stellar properties is a dream come true not only for me, but for the sellers and the buyer. Bigger is better – for wildlife, for the landscape, and for that world-class fishery.” Branif Scott of Fay Ranches represented the buyers.]]> 15426 0 0 0 https://landreport.com/2018/10/us-worlds-largest-oil-producer/ Tue, 30 Oct 2018 07:00:43 +0000 https://www.landreport.com/?p=15476 For the first time since 1973, the United States has topped Saudi Arabia and Russia as the largest global producer of crude oil. The news was announced by the Energy Information Agency (EIA) and is based on preliminary estimates from the EIA’s Short-Term Energy Outlook. American output has more than doubled over the last decade, driven in large part by the domestic shale oil boom and cost-cutting measures by U.S. producers. According to the EIA, “Much of the recent growth has occurred in areas such as the Permian region in western Texas and eastern New Mexico, the Federal Offshore Gulf of Mexico, and the Bakken region in North Dakota and Montana.” Light sweet crude oil grades account for much of the growth. The EIA expects U.S. production to remain ahead of all other countries through 2019. Click here to read more. ]]> 15476 0 0 0 https://landreport.com/2018/11/the-land-report-fall-2018/ Thu, 01 Nov 2018 07:00:43 +0000 https://www.landreport.com/?p=15495 Our Investing Issue takes a look at two completely different strategies: one built on blood, sweat, and salt, and the other based on speculation and greed. Guess which one lost $100 million? Other great reads in our fall issue include:
  • Farmland: Bill Gates Pays John Hancock Life Insurance $171 Million for prime Washington farmland.
  • Ranchland: Florida's El Maximo Ranch sells for $136 million to the Investment Company of Dubai.
  • Marketing: Mort Fleischer is selling two ranches in Arizona and Montana as a $50 million set.
  • Top Ten: A 157-acre hilltop in Beverly Hills hits the market for $1 billion.
  For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 15495 0 0 0 https://landreport.com/2018/11/critical-habitat-debated-before-high-court/ Wed, 07 Nov 2018 07:00:33 +0000 https://www.landreport.com/?p=15484 The Supreme Court heard arguments about whether or not private property can be designated critical habitat for an endangered species that doesn’t live there. In 2012, US Fish and Wildlife labeled 1,500 acres of Louisiana forestland as critical habitat for the dusky gopher frog. Although the amphibian no longer lives there, it could do so if certain ponds were restored to their original conditions. Weyerhaeuser, which leases the forestland from New Orleans resident Edward Poitevent and his family, protested the designation and the landscape changes needed to sustain the frog. The justices appeared to be divided, and a 4-4 split would uphold the lower court’s ruling in favor of Fish and Wildlife. Click here to read more. ]]> 15484 0 0 0 https://landreport.com/2018/11/supreme-court-declines-coastal-act-case/ Mon, 12 Nov 2018 07:00:28 +0000 https://www.landreport.com/?p=15491 A decade-long legal battle by Sun Microsystems co-founder Vinod Khosla over private property rights versus public coastal access ended this month when the Supreme Court declined to hear the case, reports the Los Angeles Times. Central to the dispute: a stretch of coastline known as Martins Beach on an 89-acre property Khosla purchased for $32.5 million in 2008. Khosla blocked public access, saying that maintaining it came at a financial loss. Surfrider Foundation sued Khosla under the California Coastal Act. Khosla then filed suit against the county and state over what he considered interference of his property rights. A local court sided with Surfrider and a state appeals court upheld the decision. Kohsla had hoped his appeal to the high court would let his lawyers argue that private property should not be taken for use by the public without just compensation. Click here to read more. ]]> 15491 0 0 0 https://landreport.com/2018/11/sold-grizzly-ranch-sells-for-18-5-million/ Tue, 13 Nov 2018 07:00:50 +0000 https://www.landreport.com/?p=15497 Located in Jackson County, Colorado’s North Park basin is home to the 23,464-acre Arapaho National Wildlife Refuge as well as the headwaters of the North Platte River, which begins at the confluence of the Grizzly and Little Grizzly Creeks on the Grizzly Ranch.[/caption]

  Over-the-top Colorado Showplace salvaged out of bankruptcy.

  One would be hard pressed to put a value on the long list of improvements found on Colorado’s Grizzly Ranch. For starters, the 26,686-acre ranch boasts six residences, 33 livestock sheds, and steel-welded corrals for more than 1,000 head of cattle. Sounds fairly typical, right? Add to those basics a 2,800-square-foot equipment shed, a 6,400-square-foot livestock working facility, a 9,000-square-foot machine shop, and an 11,000-square-foot calving barn, and you’re talking about close to 50,000 square feet of improvements. And that’s before you include the show barn. The Grizzly Ranch Show Barn is no ordinary show barn. The 19,000-square-foot auction center boasts motorized stadium seating, a commercial kitchen, indoor sorting pens, an entertainment hall, conference rooms, private offices, and more living quarters. Best of all, the Grizzly Ranch Show Barn still has that new car smell because it has never been used. Not once. Turns out the Grizzly gobbled up so much cash early on that its backers never hosted a single auction. Not one buyer ever called in a bid via the state-of-the-art telephone system that reportedly cost hundreds of thousands of dollars. Buyers actually did purchase cattle off the ranch – at the dispersal sale. “Can you imagine that?” asks Rob Pfister. The Wyoming broker and his client were scouting Colorado’s North Park basin when they discovered the then-bankrupt property. Pfister immediately sensed significant value in the distressed holding as well as its potential as a high-altitude cattle operation. The Grizzly Ranch’s 8,686 deeded acres are augmented by 18,000 acres of BLM and State of Colorado leases along Highway 14. Substantial water rights facilitate production of roughly 5,000 to 7,000 tons of hay annually. More than 70 miles of irrigation ditches crisscross the property as do 16 miles of creeks and streams. The wildlife is nothing short of spectacular, thanks to the ranch’s proximity to Arapaho National Wildlife Refuge as well as thousands of acres of state and national forests. Pfister’s primary concern was whether or not a deal could be done. He did a little digging and found out that the Grizzly had once been listed for $24.95 million by Ren Martyn of Steamboat Sotheby’s International Realty. Working together, the two brokers were able to shepherd the ranch from bankruptcy court into the hands of new owners. As a Wyoming attorney, Pfister’s legal training proved essential. “The Grizzly Ranch was a very strange, very complicated bankruptcy sale. Definitely best in show. There were some title curative matters that we needed to resolve right up to closing,” Pfister says. In March, the Steamboat Pilot identified the buyer as Kallen Kimzey of Pine Bluffs, Wyoming. The Kimzey family owns ranches in Pine Bluffs and Glendo; in 2015, they acquired the Y Cross Ranch in Laramie County from the foundations that support the University of Wyoming and Colorado State University. The Pilot also noted the sale price of the Grizzly Ranch: $18.5 million, a hefty 25 percent discount off the original listing of almost $25 million. According to Pfister, his client’s offer was based solely on the value of the land and the considerable land-related assets, including a substantial portfolio of water rights, mineral rights, and conservation opportunities. The 80-plus buildings on the Grizzly Ranch? Not a single dollar was assigned to them.]]> 15497 0 0 0 https://landreport.com/2018/11/aspen-ranch-sells-for-pennies-on-the-dollar/ Mon, 19 Nov 2018 07:00:44 +0000 https://www.landreport.com/?p=15503 The 244-acre Circle R Ranch sold at auction for $14.3 million – a 75 percent discount off of its original listing price four years ago. Featuring six homes with a combined 22 bedrooms and 20.5 bathrooms, the ranch was controlled by the families of former Dallas billionaires Charles and Sam Wyly, whose many holdings included arts-and-crafts retailer Michaels Stores Inc. Originally listed for $59.5 million in 2014, the property languished on the market for several years before the decision was made to auction it. Concierge Auctions oversaw the sale; the bidding began at $10 million. Although multiple potential buyers registered, only three bidders actually participated, according to co-listing agent Andrew Ernemann with Aspen Snowmass Sotheby’s International Realty. The winning bidder was an entity created by Dallas developer Mehrdad Moayedi, chief executive of Centurion American Development Group. Click here to read more.]]> 15503 0 0 0 https://landreport.com/2018/11/land-report-november-2018-newsletter/ Thu, 15 Nov 2018 07:00:35 +0000 https://www.landreport.com/?p=15507 Our Investing Issue takes center stage in our November newsletter, which also includes Election Night results affecting landowners as well as major transactions:
  • Colorado voters give a thumbs down to more extensive drilling setbacks.
  • Voters in Park City, Utah, green-light a $48 million acquisition above Old Town.
  • Garrett Zoller lists and sells the Town of Tiller in Southwest Oregon.
  • Ken Mirr and Robb Nelson list and sell Porcupine Ridge Ranch in Colorado.
  For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.]]> 15507 0 0 0 https://landreport.com/2018/11/farmland-values-remain-robust/ Tue, 27 Nov 2018 07:00:28 +0000 https://www.landreport.com/?p=15509 Surveys in Nebraska, Illinois, Indiana, and Iowa show strong, steady farmland values according to Successful Farming. An overall trend that supports the surveys’ findings is that when land comes available in today’s market, farmers have proven to be aggressive bidders. One theory is that during the peak in prices in 2014, many farmers saved their money to increase future purchase power, and they feel the time is right to add to their holdings. In addition, while prices are steady, they are down 15 percent to 30 percent from the highs of five years ago, which makes today’s prices seem attractive. Add in historically low interest rates with low supply and high demand, and buyers are ready to snap up newly available farms. Another factor? An increasing global population needs more food – and farms that produce crops. Click here to read more. ]]> 15509 0 0 0 https://landreport.com/2018/12/historic-new-england-farm-conserved/ Tue, 04 Dec 2018 07:00:56 +0000 https://www.landreport.com/?p=15530 The 167-acre Solasz Farm in Winchester, New Hampshire, was recently sold and put under a conservation agreement, according to the Monadnock Conservancy. The farm had belonged to longtime local radio host Al Kulas, and had been in his family since the 1700s. Upon Kulas’s passing, an agreement was reached between neighboring farmers Sam Canonica and Sarah Costa, the Monadnock Conservancy, and Kulas family friend Delorma Morton, who inherited the property. Per the agreement, Canonica and Costa were able to acquire the farmland subject to a conservation easement held by the Conservancy. Thanks to ongoing efforts from the Conservancy and support from an anonymous family foundation, an agreement was reached that stipulated Solasz Farm will never be developed or divided. The Monadnock Conservancy has protected nearly 20,000 acres of forest, farmland, shoreline, wetlands, wildlife habitat, and recreational trails in the region. Click here to read more. Photo Credit: Stacy Cibula, Monadnock Conservancy ]]> 15530 0 0 0 https://landreport.com/2018/12/illinois-governor-elect-closes-on-wellington-equestrian-estate/ Wed, 05 Dec 2018 15:42:07 +0000 https://www.landreport.com/?p=15533 Just days after defeating incumbent Governor Bruce Rauner, J.B. Pritzker closed on a 6.44-acre, $12 million equestrian estate in Palm Beach County. Located in Grand Prix Farms near the Palm Beach International Equestrian Center, the equestrian estate has an outdoor riding arena, 30 stalls, tack rooms, offices, and a groom’s apartment. Of critical importance is its proximity to the Palm Beach International Equestrian Center, site of the internationally renowned Winter Equestrian Festival. The Pritzkers join other high-profile equestrian families who own horse properties in the Winter Equestrian Capital of the World, including Michael Bloomberg, Bill and Melinda Gates, John and Leslie Malone, and the Bruce Springsteen family. According to Crain’s Chicago Business, J.B. and MK Pritzker also own a 230-acre horse farm in Kenosha County, Wisconsin, not far from the Illinois state line.]]> 15533 0 0 0 https://landreport.com/2018/12/american-land-barons/ Thu, 06 Dec 2018 07:00:21 +0000 https://www.landreport.com/?p=15540
  The federal government is by far the nation’s biggest landowner, holding 640 million acres of purple mountains, fruited plains, and amber waves of grain in the name of the American public. But over the past decade, the nation’s wealthiest private landowners have been laying claim to ever-larger tracts of the countryside, according to data compiled by The Land Report, a magazine about land ownership in America.

  13 Million Acres

  In 2007, according to The Land Report, the nation’s 100 largest private landowners owned a combined 27 million acres of land — equivalent to the area of Maine and New Hampshire combined. A decade later, the 100 largest landowners have holdings of 40.2 million acres, an increase of nearly 50 percent. Their holdings are equivalent in area to the entirety of New England, minus Vermont. Those rising numbers represent “the growing appeal of land as an asset class,” says Eric O’Keefe, editor of The Land Report, in an interview. [caption id="attachment_15543" align="aligncenter" width="588"] LAND GRAB Total acreage owned by the top 100 private landowners in 2007 and 2017, expressed in terms of similarly sized states.[/caption] The stock market has been on a tear in recent years, and some wealthy individuals have been looking to cash out and park their assets in a safe place. That’s where land comes in. Paper fortunes appear and vanish in the span of days on Wall Street, but land isn’t going anywhere. Investors are particularly interested in productive land – property that can be used to raise cattle, mine minerals, produce timber or grow crops. That’s because when the Dow Jones industrial average lost over half its value between 2007 and 2009, over that same period “productive land correction was less than five percent,” according to O’Keefe. Like stocks, income, and wealth in general, land ownership is concentrated among the upper class. According to a recent working paper by New York University economist Edward Wolff, in 2016 the wealthiest 1 percent of households owned 40 percent of the nation’s non-home real estate, while the next 9 percent of households owned another 42 percent. That left the remaining 90 percent of households owning just 18 percent of the country’s non-home real estate. A 2015 paper by the Department of Commerce’s Bureau of Economic Analysis estimated that the total value of land in the Lower 48 states was roughly $23 trillion in 2009, with $1.8 trillion of that value owned by the federal government.

  American Land Barons

  The nation’s largest private landowner is telecom baron John Malone, with 2.2 million acres — an area considerably larger than the state of Delaware — to his name in 2017. Ted Turner is No. 2 on the list, with an even 2 million acres. O’Keefe says that one common thread among the nation’s top private landowners is their sports team ownership. Malone and Turner have both owned the Atlanta Braves, while the No. 4 landowner Stan Kroenke, with 1.38 million acres, currently owns the Denver Nuggets, the Colorado Avalanche, and the Los Angeles Rams. Back in 2008, you needed about 76,000 acres to appear in The Land Report’s list of the nation’s top 100 landowners. Today, the cutoff to make the list is approximately double that figure, some 145,000 acres. The median holdings of the top 100 landowners rose from 160,000 acres to 250,000 acres over that time period. Part of that increase, O’Keefe says, reflects improvements in data collection and availability. His staff scours property records, tax rolls, corporate filings and real estate listings, among other sources, to produce the annual list. Many wealthy individuals shield their purchases via trusts, shell companies and other corporate structures, making ownership difficult to ascertain in some cases. “Most people have no idea that there’s this market in these huge pieces of America,” O’Keefe said. Properties currently on the market include the Agua Fria Ranch in Texas, where $15.2 million will get you 23,482 acres, including “almost the entire Agua Fria Mountain range.” (Alternatively, with the same amount of money you could buy a single condo in Brooklyn.) Other enormous chunks of land currently for sale include 24 mountain peaks outside Salt Lake City for $39 million (price recently reduced), a 7,000-acre Georgia estate on the market for the first time in history, and T. Boone Pickens’ Mesa Vista Ranch in Texas, where $250 million will net you 64,000 acres of the Texas Panhandle. For most Americans, land isn’t a financial necessity the way income or even wealth is, so we give little thought to the massive tracts of countryside trading hands every year. “Eighty percent of us live on three percent of the United States,” O’Keefe said. “Large swaths of privately owned land are beyond comprehension because they are simply beyond the horizon.” From The Washington Post, December 21, 2017 © 2018  The Washington Post. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this content without express written permission is prohibited.]]> 15540 0 0 0 The Washington Post takes a critical look at the Land Report 100.]]> https://landreport.com/2018/12/anti-drilling-initiative-fails-in-the-centennial-state/ Thu, 13 Dec 2018 15:32:55 +0000 https://www.landreport.com/?p=15560

  

  A Colorado voter initiative known as Proposition 112 was defeated by an estimated 56 to 44 percent margin on Election Day. If approved, the initiative would have increased minimum drilling setbacks from occupied buildings and waterways for new oil, gas, and fracking projects to 2,500 feet statewide. Current regulations specify that wells must be1,000 feet from high-occupancy buildings such as schools and hospitals, 500feet from occupied buildings such as homes, and 350 feet from outdoor areas such as playgrounds. Supporters promoted Proposition 112 as an environmental issue with public health implications. Opponents focused on the detrimental effect the proposed regulations would have on employment in Colorado’s energy sector.

  Click here to read more.

  ]]> 15560 0 0 0 https://landreport.com/2018/12/cash-crunch/ Fri, 14 Dec 2018 07:00:28 +0000 https://www.landreport.com/?p=15562

  

  Farmland values in the Tenth District dropped an average of 3 percent, according to the Kansas City Fed’s Ag Credit Survey. Blame it on decreased farm income, which fell for the fifth consecutive year. –The Editors

  The Kansas City Fed recently presented its survey of Agricultural Credit Conditions covering the first quarter of 2018.

  Researchers began on a high note, pointing out that in the first quarter of 2018, crop prices for corn and soybeans rose to their highest levels since  2016.

  Due to reduced farm income, however, cash-flow issues persist. District bankers report that more than 8 percent of farm loan requests were denied because of customer cash-flow shortages.

  This was especially the case in Oklahoma. The largest share of denials occurred in the Sooner State where wheat production makes up a larger share of farm revenue.

  Two additional trouble spots? Higher interest rates and increased collateral requirements.

  “[T]he continuing trend of increasing collateral requirements suggests that agricultural lenders are maintaining tight lending standards to curb risks that remain amid weaker levels of farm income and liquidity.”

  

  Read the complete report at www.KansasCityFed.org.

  ]]> 15562 0 0 0 https://landreport.com/2018/12/sold-town-of-tiller-sells/ Mon, 17 Dec 2018 07:00:24 +0000 https://www.landreport.com/?p=15567

  

  A 257-acre assemblage comprising almost all of the Oregon timber town of Tiller sold in September. Garrett Zoller, ALC, of LandAndWildlife.com and LandLeader had the listings on the 29 different tax parcels, which were marketed for $3.85 million. News of the one-of-a-kind opportunity along the South Umpqua River in the southwest part of the state went viral last year. Zoller told The Land Report that potential buyers were swarming with ideas including converting the township into a cannabis farm, a senior care facility, or a homeless shelter. The backstory of the sale revolves around the Caswell family, who began patiently acquiring lots in the once-robust town in the 1970s. With 28 parcels in hand, the heirs decided to sell their holdings last year. Zoller also had the $350,000 listing on Tiller Elementary School, a 16,588-square-foot structure on 6.58 acres. — Kelly McGee

  Click here to read more.
  
  

  ]]> 15567 0 0 0 https://landreport.com/2018/12/land-report-december-2018-newsletter/ Sat, 15 Dec 2018 07:00:32 +0000 https://www.landreport.com/?p=15572

  On Nov. 27, the Supreme Court issued a blockbuster ruling limiting the federal government's ability to utilize the Endangered Species Act to restrict private landowners. The 8-0 decision is the lead story of our December newsletter. Other articles include:

  • Dole Foods sells 2,900 acres in Hawaii to be used for reforestation.
  • Johnny Depp relists 41-acre Kentucky horse farm for $1.6 million.
  • Timberland losses from Hurricane Michael projected at $1.6 billion.

  For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.

  ]]> 15572 0 0 0 https://landreport.com/2019/01/48-million-conservation-acquisition-passes/ Thu, 03 Jan 2019 16:54:08 +0000 https://www.landreport.com/?p=15581

  

  A decades-long saga came to a close on Election Day when voters in the ski town of Park City approved a ballot measure that will fund the majority of the purchase price of prime recreational acreage overlooking the site of the renowned Sundance Film Festival. Known as Treasure Hill, the land was approved in the 1980s for more than 1 million square feet of development. Years of contentious negotiations with the Park City Planning Commission followed. Ultimately, civic leaders believed it best to buy out the developers. Critics countered that locals will bear the brunt of the cost via higher taxes. “The citizens had a chance to make the decision, and we’re happy with their decision. I think it’s a fine way for Treasure Hill to turn out,” said Pat Sweeney, whose family was one of the landowners.

  Click here to learn more.

  ]]> 15581 0 0 0 https://landreport.com/2019/01/sold-porcupine-ridge-ranch/ Fri, 04 Jan 2019 07:00:04 +0000 https://www.landreport.com/?p=15584

  

  One of the largest blocks of privately owned senior water rights in the Colorado River and Yampa River basins sold in November. Set between Vail and Steamboat Springs, the ranch has 9,177 deeded acres adjacent to the Flat Top Wilderness outside Toponas and participated in a pilot program that compensates landowners for fallowing hayfields. Porcupine Ridge Ranch received an estimated $421,000 via the System Conservation Pilot Program to test methods for conserving water that could be part of a drought contingency plan. Said Ken Mirr, “Porcupine Ridge Ranch was recognized by the Upper Colorado River Commission for its extraordinary water rights. We are pleased to have found a buyer that understood the ag values and especially the long-term investment value in the water rights.”

  Click here to read more.

  ]]> 15584 0 0 0 https://landreport.com/2019/01/destruction-from-hurricane-michael-estimated-at-1-6-billion/ Tue, 08 Jan 2019 07:00:58 +0000 https://www.landreport.com/?p=15587

  

  Hurricane Michael dealt a devastating blow to over 5 million acres of woodlands when it roared through Florida, Georgia, and Alabama in October, according to The Wall Street Journal. Beyond mature trees that snapped during the storm, there is a range of unseen damage. Blue stain (discoloration from fungi) rendered some saw logs unusable. Some timber still standing was rattled so badly by high winds that it’s no longer suitable for its intended use and instead must be pulped or mulched. Then there are harmful insects and rotting that occur naturally in damp environments. Further compounding these issues were debris and fallen trees that delayed crews trying to access ravaged areas. In addition, at least one major local mill suffered substantial damage, and others were still stocked from the summer logging season, presenting a financial challenge in shipping timber elsewhere. “This is a catastrophic loss,” said Florida Commissioner of Agriculture Adam Putnam.

  Click here to read more.

  Photo Credit: National Guard

  ]]> 15587 0 0 0 https://landreport.com/2019/01/supreme-court-rules-for-landowners-8-0/ Wed, 09 Jan 2019 07:00:02 +0000 https://www.landreport.com/?p=15595

  

  November 27 decision in Weyerhaeuser v. US Fish and Wildlife requires that habitat be present for Critical Habitat Designation.

  The case concerns about 1,500 acres in Louisiana that the U.S. Fish and Wildlife Service designated as a critical habitat for the endangered dusky tree frog. Timber company Weyerhaeuser and private landowners argued that the designation should be lifted since the species didn’t currently live on the land and could not live on the land without significant changes to the forest canopy. In what was widely considered a victory for landowners, The Supreme Court ruled unanimously 8-0 (Justice Brett Kavanaugh was not yet seated when oral arguments were heard) to send the case back to the Fifth Circuit Court of Appeals to consider whether the land could even be considered a “habitat” before evaluating whether it could  be considered a “critical habitat.” The Court also noted that the economic burden on landowners should be balanced in the decision, and ruled that Fish and Wildlife designations of private land are subject to judicial review.

  Click here to read more.

  ]]> 15595 0 0 0 https://landreport.com/2019/01/for-sale-johnny-depps-keeneland-area-farm-relisted-for-1-6-million/ Fri, 11 Jan 2019 07:00:07 +0000 https://www.landreport.com/?p=15599

  

  Actor Johnny Depp, famous for The Pirates of the Caribbean films, has lowered the asking price for his 41-acre horse farm. The Kentucky property, which is named “Betty Sue’s Family Farm” in honor of Depp’s late mother, is now listed for $1.6 million. Depp, a Kentucky native, purchased the farm in 1995 for $950,000, sold it in 2001 for $1 million, and repurchased it in 2005 for $2 million, according to People magazine. More recently, the farm was listed for $2.9 million in December 2016, and when it did not sell, it went up for auction in September 2017. The highest auction bid of $1.4 million (from radio host Rick Dees) was declined. The property, located two miles from Keeneland Race Course in Lexington, features a 6,000-square-foot main home with six bedrooms and seven baths, along with three barns and a separate guest house. Bill Justice of Justice Real Estate has the listing.

  Click here to read more

  ]]> 15599 0 0 0 https://landreport.com/2019/01/2018-land-report-100/ Tue, 15 Jan 2019 07:00:01 +0000 https://www.landreport.com/?p=15687

  

  Five new landowners. One returnee. More than 1 million additional acres. That's 2,000 square miles. No matter your metric, the 2018 Land Report 100 confirms the fact that America's largest landowners are increasing their holdings.

  As 2018 came to a close, Liberty Media chairman John Malone retained the top spot as the nation’s largest landowner with 2.2 million acres. Malone's good friend and fellow cable pioneer Ted Turner ranked No. 2 with 2 million acres. Less than 100,000 acres separate Turner from No. 3, the Emmersons, who own 1.956 million acres of timberland in California and Washington. Other leading landowners include the King Ranch Heirs at No. 10 with 911,000 acres, Interactive Brokers chairman Thomas Peterffy at No. 17 with 581,000 acres, and No. 28 Jeff Bezos, with 420,000 acres.

  Among the new names on the list are the Hadley Family at No. 50. The Anheuser-Busch heirs own New Mexico's Diamond A Ranch, a 260,000-acre holding in the boot heel of state. In addition to nationally known brands Teleflora and the Franklin Mint, Stewart and Lynda Resnick own 190,000 acres of prime farmland in California and in Texas and rank No. 80.

  Read the 2018 Land Report 100 HERE.

   

  ]]> 15687 0 0 0 https://landreport.com/2019/01/land-report-january-2019-newsletter/ Tue, 15 Jan 2019 07:00:27 +0000 https://www.landreport.com/?p=15708

  America's leading landowners added more than 1 million acres to their portfolios in 2018. That's one of the many takeaways from the 2018 Land Report 100 sponsored by LandLeader. Five new landowners and one returnee were added to the list. The minimum acreage required to join America's most exclusive club? 150,000 acres. That's well over 200 square miles. Here are the country's top three landowners:

  • Liberty Media chairman John Malone at 2.2 million acres.
  • Media pioneer Ted Turner at 2 million acres.
  • California's Emmerson family at 1.956 million acres.

  The complete Land Report 100 sponsored by LandLeader is available HERE.

  ]]> 15708 0 0 0 https://landreport.com/2019/01/federal-judge-scolds-interior-department/ Tue, 15 Jan 2019 07:00:54 +0000 https://www.landreport.com/?p=15663

  

  A federal judge in North Carolina made permanent a temporary injunction against the US Fish and Wildlife Service’s shoot-to-kill authorization on wolves in the wild. The ruling protects the American red wolf, which conservationists predict is headed for extinction. According to The Washington Post, Chief Judge Terrence Boyle reminded the Service of its own statement that wildlife do not belong to private landowners but to the public, and should be managed for the public good. Boyle reprimanded the Interior Department’s mismanagement of the last red wolf population in the wild, noting that the agency was sworn to uphold a congressional mandate to preserve the animals but violated it repeatedly, especially by allowing landowners to shoot wolves without proving they were a danger to humans or livestock.

  Click here to read more

  ]]> 15663 0 0 0 https://landreport.com/2019/01/sold-dole-sells-2900-acres-to-reforestation-effort/ Wed, 16 Jan 2019 07:00:14 +0000 https://www.landreport.com/?p=15666

  

  Spread across mountains and fields in Central Oahu are nearly 2,900 acres that are now known as the Helemano Wilderness Project. Hawaii News Now reports that the land was purchased for $15 million from Dole Food Company by half a dozen entities, from state and federal government agencies to private organizations in an effort to preserve its natural resources and improve recreational opportunities. Hawaii’s Department of Land and Natural Resources (DLNR) aims to work with the surrounding community on a management plan. It also plans to work to control invasive species that can be found on the mountains located within the property. Said DLNR chairwoman Suzanne Case, “These areas of Helemano and upper Wahiawā, sitting at the foothills of the Koolau mountains, combine native forest, watersheds, and good soils in an accessible central location to create an ideal setting to support our communities’ physical and spiritual sustenance.”

  Click here to read more.

  ]]> 15666 0 0 0 https://landreport.com/2019/01/land-report-top-ten-fall-2018/ Tue, 22 Jan 2019 07:00:01 +0000 https://www.landreport.com/?p=15678

  

  The highest point in the 90210 ZIP code eclipses all land listings nationwide and sets the bar for our TOP TEN. — The Editors

  1. The Mountain of Beverly Hills (California): $1 billion
  Aaron Kirman has the listing on this one-of-a-kind property that overlooks all of Los Angeles and the Pacific Ocean.

  2. Molokai Ranch (Hawaii)</a>: $260 million
  This 55,574-acre ranch ranks as one of the Aloha State’s largest and encompasses more than one-third of Hawaii’s fifth-largest island, Molokai. Assets include two hotels, two golf courses, and more than 48,000 acres of agricultural land. Listed by Scott Carvill and Vicki Yu of Carvill Sotheby's International Realty.

  3. Mesa Vista Ranch (Texas): $250 million
  Boone Pickens’ 100-square-mile masterpiece has been deemed “arguably the finest quail hunting spot known in the universe” and includes its own 6,000-foot, FAA-approved airstrip and a 25,000-square-foot hangar. Listed by Monte Lyons of Hall and Hall and Sam Middleton of Chas S. Middleton & Son.

  3. Sandow Lakes Ranch (Texas): $250 million
  Owned by Alcoa, this 33,777-acre property possesses a sea of water rights, including 14 lakes. Bernard Uechtritz of Briggs Freeman Sotheby’s International Real Estate has the listing.

  5. West Creek Ranch (Colorado): $149 million
  Discovery Channel creator John Hendricks’s 6,900-acre ranch straddles the Colorado—Utah line outside of Gateway, Colorado. Kerry Endsley with LIV Sotheby’s International Realty has the listing, which includes stunning Unaweep Canyon.

  6. Gemini (Florida): $137.5 million
  Originally listed for $195 million, the Ziff family’s South Florida compound features 1,200 feet of Atlantic Ocean frontage and about 1,300 feet on the Intracoastal Waterway. Listed with Todd Peter and Christina Condon of Sotheby’s International Realty.

  7. Great Island (Connecticut): $120 million
  This 63-acre island has more than a mile of Long Island Sound frontage as well as more than 13,000 square feet of improvements including a nine-bedroom manor house and a 19th century farmhouse. Listed by David Turner of Houlihan Lawrence.

  8. Las Varas Ranch (California): $108 million
  These 1,800 acres just west of Santa Barbara encompass more than two miles of Pacific Ocean frontage. Listed with Kerry Mormann of Berkshire Hathaway HomeServices and Anthony Punnett of Douglas Elliman Real Estate.

  9. Cross Mountain Ranch (Colorado): $100 million
  With 56,050 deeded acres and 168,000 leased, this Northern Colorado ranch stretches over four counties and is home to the largest elk herd in North America. Located 45 minutes from Steamboat Springs. Listed with Ken Mirr of Mirr Ranch Group.

  9. Nottingham Ranch (Colorado): $100 million
  Surrounded by millions of acres of national forest and BLM land, this cattle ranch carries 1,200 animal units and includes 1,200 acres of pivot irrigation and 2,000 acres of flood irrigation. Listed by Ed Swinford and Brent Rimel with Slifer Smith & Frampton.

   

  ]]> 15678 0 0 0 https://landreport.com/2019/01/mort-fleischer-selling-cowboy-ranches-as-a-50-million-set/ Thu, 24 Jan 2019 18:44:40 +0000 https://www.landreport.com/?p=15688

  

  Ever the innovator, MORT FLEISCHER is selling his Arizona and Montana ranches as one deal. –Ellen Paris

  The mega-successful real estate financier Mort Fleischer, 81, and his wife Donna are selling their two cowboy ranches in Arizona and Montana as a set for $50 million.

  Fleischer, chairman of STORE Capital Corp. was an industry disruptor years ago through his real estate investment trust, Franchise Finance Corp. of America. In the late ’90s, Fleischer’s REIT became the country’s “largest independent financier of chain-restaurant real estate.” Before Fleischer started doing it, REITs did not finance independent restaurant real estate.

  When I started financing single tenant restaurant real estate, the industry said it hadn’t been done before and wouldn’t work. It was successful. We have institutionalized this class of real estate,” Fleischer explains. That is an understatement. In 2017, Warren Buffett invested $377 million for a 9.8% stake in STORE Capital. Today, Fleischer intends to change the way real estate is marketed by selling the couple’s beloved ranches, in Arizona and Montana in one deal. “Once again everybody told me I was crazy,” he confides.

  Fleischer credits the couple’s ranch properties as a life-saving outlet from the pressures of high finance. “Twenty-four years ago, it became clear to Donna and I that we needed a way to remove the pressures of Wall Street. Both of us always loved the West and the cowboy culture. We first bought a modern horse ranch just outside of Scottsdale where we raised show horses and lived that lifestyle. I’m convinced I wouldn’t still be around if not for the time we have been able to spend at our ranches.”

  The 100-acre Scottsdale ranch features a luxury 8,700 square-foot Argentinian-inspired estancia.

  “We loved the ranch in Scottsdale so much, 15 years ago we decided we wanted a real working cattle ranch.” Today, the Fleischers also own a 7,000-acre ranch in Montana. There they raise Black Angus cows and enjoy the cowboy life in an 8,000-square-foot “upscale log home,” as Fleischer describes it. Buyers seeking privacy and security will appreciate the 23 miles of fencing surrounding the property.

  At just under 100 acres, MorDo Ranch is a few miles away from Scottsdale’s championship golf courses, fine dining, shopping, and entertainment offerings. In addition to the estancia, there is a manager’s house, guest quarters, full equestrian facilities, and an art museum.

  Jim Toth, a ranch broker at Pure West Realty, an exclusive affiliate of Christie’s International Real Estate in Bozeman, Montana, is jointly marketing both properties with a Scottsdale broker.

  “It’s not uncommon in the ranch real estate world for the very wealthy to have multi-properties. Marketing them together is very unusual though,” said Toth. “The more I listened to Mort when we first met and saw how successful in business he was creating new asset classes, I knew marketing and selling the ranches as one transaction made sense for efficiency and as a lifestyle.”

  Dub Dellis, CEO of Walt Danley Realty, also an exclusive affiliate of Christie’s International Real Estate, is handling the Scottsdale property. He recalls his initial thoughts. “Mort is a maverick in every sense of the word. My first reaction was this is not how it’s typically done. Then I sat down and listened to him. When you take a step back, his out of the box thinking makes sense. Plus, he has a remarkable track record with unconventional views on real estate.”

  When asked about potential buyers, Fleischer has his opinions. “We were able to live both lifestyles, from Wall Street to the West. “The lifestyle we have enjoyed so much is what we are offering with our two ranches to someone that can afford to live that way.”

  From Forbes.com © 2018 Forbes. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this content without express written permission is prohibited.

  ]]> 15688 0 0 0 https://landreport.com/2019/01/at-ease-in-the-rockies/ Fri, 25 Jan 2019 16:59:07 +0000 https://www.landreport.com/?p=15691

  

  Some well-deserved R&R was served up at Wyoming’s COTTONWOOD RANCH during the cross-country WALK OF AMERICA. –The Editors

  American and British soldiers fought shoulder to shoulder as allies in the War on Terror. This summer, three US and three UK wounded warriors teamed up to march side by side across America to raise funds and awareness about the challenges veterans face on both sides of the Atlantic, including mental health issues, unemployment, and homelessness. UK Expedition Patron Prince Harry put it best when he said that as allies we fight together, and so we should recover together.

  

  The high country pit stop was initiated by Glampotel CEO Paul Woolnough, who reached out to Land Report editor Eric O’Keefe about locating a venue to host the Walk of America team in Wyoming.

  As luck would have it, Freddie Botur had recently invited The Land Report to visit his family’s ranch, which is listed with Mirr Ranch Group for $30 million.

  In short order, bunks were made, guests were greeted, and chow was served.

  

  Two months later on September 6, the team walked their 1,000th mile through Lower Manhattan with US Expedition Patron Dr. Jill Biden, and her husband, former vice president Joe Biden.

  Members of the UK team included Jonny Burns (Royal Anglian), Kev Carr (Royal Logistics Corps), Kemsley Whittlesea (Royal Signals).

  Members of the US team included Larry Hinkle (US Marine Corps), Adele Loar (US Air Force), and Frankie Perez (US Army National Guard).

  ]]> 15691 0 0 0 https://landreport.com/2019/01/sold-floridas-el-maximo-ranch-sells/ Mon, 28 Jan 2019 07:00:18 +0000 https://www.landreport.com/?p=15698

  A South Carolinian by birth, Latt Maxcy (1887–1971) was an empire builder, the sort of individual who changed not only his own destiny but that of those around him. During his career, he created several pioneering enterprises, all in his adopted state of Florida.

  Citrus, Banking, and Cattle

  During the Roaring Twenties, Latimer “Latt” Maxcy played a vital role in the development of the Sunshine State’s citrus industry. The bank he subsequently founded — Citizens Bank and Trust — survives to this day. But his 150,000-acre cattle operation is no more. The last portion — a 38,453-acre swath in Southwest Osceola County — sold for $136.5 million to a joint venture between Argentina’s Optimum Agriculture and the Investment Company of Dubai, which manages the emirate’s investment portfolio. As far as land transactions in 2018, only the $171 million purchase of 14,500 acres of highly productive Eastern Washington farmland by Bill Gates topped it.

  

  Coincidentally, the sale price of $136.5 million was the same amount that the Latt Maxcy Corporation grossed in 2005 when it sold 27,400 acres of ranchland to Subway cofounder Fred DeLuca and Anthony Pugliese of The Pugliese Company.

  “The timing couldn’t have been better,” says Dean Saunders of Saunders Real Estate, who advised Latt Maxcy Corporation on both sales. “As I recall, the high-water mark for Florida real estate prior to the Great Recession was August of 2005. That’s exactly when we closed.”

  Sold by Dean Saunders

  While on the staff of Senator Lawton Chiles, Saunders befriended Maxcy’s son-in-law Pat Wilson, who not only ran the Latt Maxcy Corporation but was also a two-term president of the Florida Cattlemen’s Association. Their relationship grew when Chiles moved into the Governor's Mansion. It was cemented when Saunders was elected to the Florida House of Representatives and established himself as a champion of landowners’ rights. Descended from citrus growers himself, the eighth generation Floridian took it upon himself to author ground-breaking conservation legislation, a cause he would pursue after he established his brokerage in Lakeland.

  “I’ve been fortunate to have been a part of several blockbuster deals, including the St. Joe sale, which totaled 382,000 acres,” Saunders says.

  “But my work with Latt Maxcy Corporation has always stood out. Yes, it was my first big deal. But the fact that Mr. Maxcy started out with 80 acres and built an empire from the Kissimmee River to Vero Beach still amazes me,” he says.

  ]]> 15698 0 0 0 After a three-generation run, the last remaining portion of the 150,000-acre cattle kingdom that Latt Maxcy built up is sold off.]]> https://landreport.com/2019/02/big-empty/ Wed, 06 Feb 2019 07:00:53 +0000 https://www.landreport.com/?p=15721

  

  Two dubious GET-RICH-QUICK INVESTMENTS – one that involved more than 17,000 acres outside of Boise and another that included more than 2,000 acres near Denver – ended up costing the Dallas Police & Fire Pension System close to $100 million.

  By Steve Thompson

  The rolling foothills of the Boise Mountains stretched before her, grassy hilltops dotted with sagebrush, extending as far as she could see. Kelly Gottschalk traveled miles of narrow roads, shaking her head in disbelief at the thousands of empty acres in rural Idaho. It all belongs to the police officers and firefighters of Dallas.

  Of all the dubious investments made under Gottschalk’s predecessor – luxury homes in Hawaii, a resort near Napa, high-rise condos in Dallas – this one galled her most. How could a public pension, tasked with protecting the retirements of those who safeguard the city, throw away so much money on so much vacant land?

  “It was really shocking,” Gottschalk recalls of seeing the land not long after she became director of the Dallas Police and Fire Pension System in 2015. “I don’t know what they were ever thinking.”

  The Idaho investment and a similar land deal in Colorado have cost the pension fund close to $100 million, its attorneys say. They account for a major portion of the half-billion in losses the fund has endured in recent years because of bad bets on real estate and private equity.

  The fund spent $25 million just in fees to advisers and managers on the land deals. The deals were also a key focus of legal claims the pension fund made against an investment firm, CDK Realty Advisors, that ended this year in a $2 million settlement. Last year, the FBI raided CDK’s headquarters and carted out boxes of pension-related documents.

  CDK says that overall, the real estate projects it managed were profitable for the pension. “CDK is proud of the many successful investments made for DPFP in the Dallas area,” the firm said in a written response to questions for this story.

  But the land ventures are examples of the risky investing tactics that, along with overly generous benefits, led the pension to the brink of insolvency.

  This week, the Texas Legislature agreed on a fix that will deeply cut benefits and require city taxpayers and first responders to pay millions more each year to fill the financial hole.

  The vote could save the pension. But the fund still must deal with a legacy of speculative investments – including the thousands of undeveloped acres in Idaho and Colorado that the fund’s current leaders would rather not own.

  

  A DEVELOPMENT DREAM In the summer of 2005, two Dallas police officers and a firefighter flew to Idaho to scope out real estate. The market was booming all over the country, and few places seemed as hot as Boise. Californians, priced out of their own state, were buying properties sight unseen in the Boise suburbs.

  Dallas fire Lt. Gerald Brown was the pension fund’s chairman, police Sgt. Steve Shaw its vice chairman, and Sgt. Steve Umlor a trustee. They spent much of that June traveling the country viewing investment properties.

  The pension was coming off a couple of good years. For 2003, it had posted a return of 31 percent, ranking it best performer among similar funds. Its leaders looked smart, and they carried themselves that way.

  The pension’s top staffer then, Richard Tettamant, held his position for more than two decades. He couldn’t understand, he would tell people, why other fund managers went for average returns just because they seemed safe. “You have to be above average,” he said in a 2012 interview. “And that’s been our goal.” He reported to a board made up of police officers, firefighters and City Council members.

  During that summer of 2005, CDK persuaded the pension fund to speculate on ranchland north of Boise. The fund ultimately bought more than 17,000 acres. The plan was to turn 6,750 acres of foothills into a new community called Spring Valley. It would nearly double the size of the town of Eagle, a picturesque suburb of Boise. The pension would partner with an Arizona development firm, M3 Builders, that had done deals with CDK and the pension before. M3 would launch a massive development: perhaps 12,000 mostly upscale residences, a 500-room hotel, hundreds of thousands of square feet of office space, shops, restaurants, parks, equestrian trails and a vineyard.

  Next Dallas’ public safety workers would finance it. They’d spend $42 million on the land, and over six years, more than double their money, an early version of the plan said.

  This was no ordinary investment for a pension fund. Traditionally, pensions invested in risk-averse mixtures of stocks and bonds. The Dallas fund wasn’t the only one betting on real estate, but it was doing so on a much larger scale than others. In essence, the city’s police officers and firefighters were cashing out stocks and bonds, giving the money to land speculators and hoping for a big payoff.

  In Idaho, many locals could only watch these outside investors and wonder. Jim Farrens, the engineer for Ada County at the time, says Spring Valley was among the biggest of about two dozen proposed communities. His department was working overtime to keep up. Farrens never thought the project was feasible. For one thing, he says, the area’s roads couldn’t support it.

  “I felt like I was standing next to an empty pool, and the police and firefighters’ fund was up on the high board, and they’re getting ready to dive off,” he said. “All I could do was say, ‘You know, somebody could get hurt.’”

  THE BUBBLE BURSTS Tettamant and the board relied on their advisers and managers, CDK and M3, to steer the purchase and development of the Idaho property. The way the deal was set up, M3 would not only be paid regular development fees but would also be an equal partner with the pension, despite having put no money on the line. Had the venture been successful, M3 stood to reap significant returns on money that taxpayers and first responders had invested. Months after the initial business plan, CDK and M3 persuaded the pension to buy more land, raising the pension’s investment at that point to $64 million.

  M3 partners Bill Brownlee and Scott Schirmer moved forward, pursuing annexation by the town of Eagle and initiating plans for new roads, nine new schools, 14 neighborhood parks, water and sewer systems, fire stations, a police station and a tax district to pay for it all.

  The project met furious opposition from many Boise-area residents, who didn’t want to see huge tracts of scenic foothills overrun by development. On a Monday evening in 2006, nearly 200 people packed into Eagle Middle School’s cafeteria.

  After an hour-long presentation by M3’s Brownlee, people called out questions about how the project would affect roads and water supplies.

  Brownlee told the crowd the project would take more than two decades to build out, The Idaho Statesman reported the next day. A community newsletter produced by M3 later said: “You can be assured of our long-term commitment to the city of Eagle – twenty years – we’re in this for the long haul!”

  Kathy Pennisi, who raised four kids on a rural property at the edge of the foothills, remembers some of those early meetings. “We just thought that they were going to flip it,” she said of M3 and the land it controlled. “They were just getting in to get the money, and they didn’t care what happened to the development after.”

  A project pro forma that M3 and CDK presented to the pension said the investment was to be completed in six years, after lots were sold to builders.

  But the real estate bubble was about to burst. Though the pension’s leaders hadn’t seen it coming, others had.

  In June 2005, just before the pension made its Idaho land bet, The Economist magazine’s cover featured a brick falling through blue sky. Etched on the brick were the words “House Prices.” The main story began: “The worldwide rise in house prices is the biggest bubble in history. Prepare for the economic pain when it pops.”

  GOOD MONEY AFTER BAD By 2007, the demand for real estate was vanishing, just as the pension had ramped its investments in Idaho and elsewhere past $900 million, equivalent to more than a quarter of its $3.4 billion net worth at the time.

  Tettamant and the board were not prepared to concede defeat. As the fund’s real estate ventures sank, the pension and its advisers tried to keep the projects afloat – often putting in good money after bad.

  CDK defends its efforts to save investments during that time. “No assets were lost to foreclosure, even during the second worst recession in US history,” the firm says.

  Tettamant denies responsibility for the pension fund’s decisions, saying he only followed the board’s instructions. His attorney, Michael McColloch, said in an email: “Only the trustees made the investment decisions for the pension fund, based on the recommendations of registered investment advisors, brokers, actuaries, attorneys, auditors, and accountants.”

  During a 2012 interview, Tettamant claimed a hands-on role when asked whether he acted as a fiduciary for the fund. “Legally I’m not, because I’m an employee of the board,” he said. “But we” – he and his staff – “operate that way, like we are. We vet every decision for those 9,200 families.”

  As the recession took hold, one of M3’s partners, Schirmer, began setting up loans that would later draw scrutiny. He created companies on behalf of a business ally that lent the Idaho venture money. Schirmer’s position on both sides of these loans – representing borrower and lender – would later be criticized in the pension fund’s lawsuit against CDK.

  Documents CDK provided to The Dallas Morning News show the fund’s lawyers were aware of Schirmer’s relationship to the lender and suggest Tettamant was as well. In one case in early 2007, documents show Tettamant signed off ahead of such a loan, as did Brown, the pension board’s chairman. Brown signed “on behalf of the Board of Trustees,” though board minutes don’t indicate that the rest of the board publicly discussed or voted on the matter. Brown declined to comment for this story.

  Both the M3 partners and the CDK partners declined to be interviewed. But in its written responses, CDK said the Schirmer loans were set up only after CDK, M3 and the pension were unable to secure bank loans. CDK says the loans’ interest rates, some of which were 12 percent, were reasonable given the risk involved.

  In total, companies set up by Schirmer and his business ally loaned the pension fund’s Idaho project, along with a similar venture that M3 managed for the pension in Colorado, more than $14 million, deed records show. The loans would later be repaid by loans from the pension, which it funded through a line of credit with Bank of America, and by other bank loans guaranteed by the pension. Last year, the pension’s lawsuit against CDK said the land ventures paid off the Schirmer loans in full – both principal and interest – but still owed Dallas public safety workers $47 million.

  The suit, filed under Gottschalk’s leadership, represented a major parting with CDK – long among the pension’s most trusted advisers. CDK’s partners – Kenneth Cooley, Jon Donahue, and Brent Kroener – had backgrounds in real estate and development and had long worked with the fund. They were so trusted that Tettamant arranged for the pension to headquarter with them in the same office building. At the height of the relationship, the firm would manage more than $700 million in real estate for the pension.

  Tettamant and the CDK partners threw holiday parties together at the headquarters. Tettamant’s staff arranged for Donahue to rent one of the pension’s ultra-luxury investment properties – a $10 million ski-in, ski-out mansion in Park City, Utah – at a cut rate. Donahue paid $7,000 per week, records show. The advertised rate was $84,000 per week. The pension fund ended up losing $3.6 million on the investment home, which was not managed by CDK. Donahue says he was unaware of the advertised rate and thought the pension offered him the rental only because it otherwise would have stood vacant.

  In its suit against the CDK partners, the pension fund raised issues about how CDK valued real estate investments. For many years, CDK didn’t have investment properties appraised. Instead, the Idaho and Colorado land was primarily valued by how much money the pension had invested.

  So even as the real estate market tanked, the pension fund’s books showed the Idaho and Colorado ventures maintaining or increasing their values, as tens of millions of dollars went toward legal fees, interest, engineering work, marketing and other expenses.

  On top of those expenses, M3’s partners were making millions. According to a recent accounting by the fund’s current administration, the pension ended up footing the bill for $20 million to M3 in management and development fees, along with $4 million more to CDK for the projects.

  Thanks to all of these expenses, the pension fund valued the Idaho and Colorado land in 2012 at a combined $180 million. Its market value was nowhere near that, the suit against CDK said.

  CDK says the pension and its outside auditors agreed it was reasonable to value the land at cost because it was still under development.

  That year, Tettamant directed his staff to create a presentation on the Colorado land as he tried to interest a buyer. “This presentation is for a very important person, a Russian billionaire,” he emailed staffers. But they couldn’t make the sale.

  A brochure that an area resident received in the mail showed some of the proposed features of the development that was later called Spring Valley outside Boise, Idaho.

  CUTTING THE LOSSES In 2013, Dallas Mayor Mike Rawlings spurred the city to audit the pension fund’s investments. (Tettamant and board members tried to block the audit by withholding records and telling the rank and file that the city sought their personal retirement information.) Rawlings also prompted the removal of several council members from the pension’s board, and their replacements began shaking things up. The next year, the board ousted Tettamant.

  When the pension demanded new appraisals of its land in Idaho and Colorado, the results were devastating. More than $110 million invested by the pension “was no longer reflected in the value of the property,” the pension said last year in its lawsuit against CDK. The firm disputes the new lower valuations.

  Gottschalk, the pension’s director, recalls her 2015 tour of the land led by an M3 employee. All the while, she was
  thinking: No way.

  “He’s telling me where all the homes would go, and where the water treatment plant would go, and where there’s another road that would come in over the mountain,” she said. ”It was just so obvious that this was not something we should be in.”

  Umlor, the police sergeant who traveled to Idaho in 2005, is now retired. He loses sleep over how things turned out, he says, but he worked hard to research investments.

  “The real estate market crashed, the recession came and it just didn’t pan out the way they were expected to,” Umlor said. “But it wasn’t through lack of effort or somebody’s getting their pockets lined.”

  As the pension sued CDK last year, it negotiated with M3. The talks ended with an agreement that cut M3 out of the land partnership. The pension agreed to pay the firm a final $1.5 million for M3’s interest in the partnership and for M3’s efforts to secure an extension of water rights for the Idaho land. Now the pension must figure out what to do with it.

  Today, a real estate broker traverses the land on a four-wheeler. No houses were ever built, no lots ever sold. The vast expanse looks just as it did more than a decade ago, when Dallas’ public-safety-workers-turned-realestate- investors first saw it.

  Copyright 2017 The Dallas Morning News, Inc.

  ]]> 15721 0 0 0 https://landreport.com/2019/02/land-report-february-2019-newsletter/ Fri, 15 Feb 2019 07:00:04 +0000 https://www.landreport.com/?p=15736

  2019 has exploded out of the gate. We highlight two of these transactions in our February newsletter:

  • A 12,740-acre alpine tract in the Wasatch Mountains overlooking the Great Salt Lake that was listed for $39 million.
  • An 8,585-acre tract in the foothills of Colorado's Sangre de Cristo range that was listed for $15 million.

  For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, Google+, and Instagram.

  ]]> 15736 0 0 0 https://landreport.com/2019/02/court-approves-sale-of-west-texas-ranch-at-1007-per-acre/ Mon, 25 Feb 2019 07:00:42 +0000 https://www.landreport.com/?p=15870 Judge Mark Mullin of the US Bankruptcy Court for the Northern District of Texas approved the sale of the KC7 Ranch to Paul Foster of El Paso for $32.5 million. The 37,847-acre property, which sits 190 miles east of El Paso, includes 5,579 leased acres and 32,268 deeded acres. The KC7 Ranch was previously listed for $52 million with James Sammons on Briggs Freeman Sotheby’s International Real Estate. “It's a good ranch, he likes it, and it was a good price,” said William Kell in an interview with the El Paso Times. Kell is a vice president at Franklin Mountain Management, a company that manages many of Foster's real estate holdings. Read more HERE.]]> 15870 0 0 0 https://landreport.com/2019/03/sold-utahs-wasatch-peaks-ranch/ Wed, 13 Mar 2019 07:00:49 +0000 https://www.landreport.com/?p=15884

  12,740-acre alpine tract in Utah’s Wasatch Mountains offers 11 miles of ridgeline atop the Wasatch Mountains as well as 24 peaks and 15 bowls.

  On February 8, Mirr Ranch Group announced the sale of picturesque Wasatch Peaks Ranch in Morgan County, Utah. The property spans 20 square miles and rises from 4,820 feet to 9,570 feet at the ridgeline. Its central location is unparalleled: just 10 minutes from Ogden and 35 minutes from Salt Lake City. Major recreational areas are equally accessible. Snowbasin Resort sits 10 miles north of the ranch. Park City lies 45 minutes to the south. The ranch boasts 11 creeks that descend from alpine and subalpine zones to the Weber River, and it features superb fly-fishing along nearly two miles of the Weber. Wasatch Peaks Ranch is known for its big game hunting, and it also enjoys plentiful turkey and blue grouse. The ranch participates in an innovative Utah Division of Wildlife Resources program that designates privately owned Cooperative Wildlife Management Units (CWMUs). In addition to fishing and hunting, other activities on the property include hiking, horseback riding, and mountain biking on more than 80 miles of trails – not to mention unlimited access to the adjacent Uinta-Wasatch-Cache National Forest, which the ranch shares 25 miles of boundary with. Click here to read more.]]> 15884 0 0 0 https://landreport.com/2019/03/sold-farm-owned-by-honest-abe-sells-at-auction/ Thu, 14 Mar 2019 07:00:04 +0000 https://www.landreport.com/?p=15887 Farmland once owned by Abraham Lincoln sold for $300,000 at auction on Feb. 12 – Lincoln’s birthday. Of the 590 total acres auctioned, 30 were once owned by Lincoln. According to the Journal Gazette & Times-Courier, the Best family decided it was time to part with its farmland and link to history. In 1841, Abraham bought the land from his cash-strapped father, Thomas. It’s rumored to be the only farm Abraham ever owned, although Thomas continued to farm it. The Best family has always farmed those 30 acres, noting the entire farm has been productive. Ron Best, who spoke to the JG-TC, has a copy of the original deed of land sale to Abraham Lincoln. Best told the newspaper he and his family never thought to use the land for anything other than farming, but “it’s hard to value Lincoln land.” Click here to read more. ]]> 15887 0 0 0 https://landreport.com/2019/03/court-orders-austrian-government-to-pay-1-7-million-to-owner-of-der-fuhrers-childhood-home/ Mon, 18 Mar 2019 07:00:21 +0000 https://www.landreport.com/?p=15892 After trying (and failing) for decades to negotiate the purchase of Adolph Hitler’s birthplace with its owners, the Austrian government expropriated the home in 2016 for 310,000 euros, reports The New York Times. Gerlinde Pommer, a descendant of the owners with whom the government could not reach a deal, filed suit. She protested the expropriation and the price she was paid (US$350,000). She stated it had been appraised at €1.5 million – and a district court ordered the federal government to pay her exactly that amount. Even if the financial details are settled with the ruling, the matter of what to do with the home is far from settled. Proposals range from demolition to turning it into a refugee center or an anti- Nazi center. It’s not clear whether the government will appeal the ruling. Click here to read more. ]]> 15892 0 0 0 https://landreport.com/2019/03/sold-top-elk-hunting-destination-in-western-us-sells/ Tue, 19 Mar 2019 07:00:00 +0000 https://www.landreport.com/?p=15895 One of the top elk-hunting destinations in the Western US came off the market when Hall & Hall sold O’Neill Ranches, which was listed at $15 million. With over 8,500 contiguous deeded acres in the Sangre de Cristo Mountain foothills, O’Neill Ranches is bordered by Hill Ranches on the west. To the south, it neighbors Ted Turner’s Vermejo Park Ranch. (Turner ranked No. 2 on the 2018 Land Report 100.) “The location of the O’Neill Ranches was a large factor in the buyer’s interest in the property,” said Tom McFarlane of Whitetail Properties, which represented the buyer. “Stewardship was also something that was of great importance to the buyers on this ranch. The O’Neill family had concentrated their efforts over many years in being thoughtful land stewards. The new owners will continue those efforts and have plans to build upon that foundation of habitat and wildlife management," said McFarlane. Click here to read more.]]> 15895 0 0 0 Property For Sale]]> https://landreport.com/2019/03/for-sale-2000-acre-california-ranch-owned-by-john-wayne-lists-for-8-million/ Fri, 01 Mar 2019 06:00:31 +0000 https://www.landreport.com/?p=15900 the Duke rode off into many a sunset. But when he wanted to kick back and watch the sun go down with family and friends, he did so at Rancho Pavoreal, his gorgeous rancho.

  John Wayne's Rugged Ranch

  Rancho Pavoreal could have been a set in one of Wayne’s Westerns. In fact, for a while after the actor’s death, it operated as a dude ranch. The property is entirely fenced and cross-fenced with plenty of room for horses and cattle. In addition to a stucco ranch house, there are three wells on the property, horse trails, and panoramic views of the surrounding valley and Palomar Mountain. “Rancho Pavoreal is very masculine, very Western,” says listing agent Tatiana Novick of Coldwell Banker Residential Brokerage Rancho Santa Fe. “It feels like John Wayne is still there.” The $8 million listing sits halfway between San Diego to the south and Palm Springs to the northeast. It is a 90-minute gallop from each locale. On a good day, a two-hour drive will put you in downtown Los Angeles. Orange County’s John Wayne Airport is 20 minutes closer.

  Temecula Valley

  With more than 40 wineries and an ample selection of golf courses, the nearby Temecula Valley has become a popular getaway. Temecula’s Old Town has numerous structures that date back to the 1800s. Many of these buildings have been converted into B&Bs, restaurants, and quaint shops. “Proximity to Temecula is one of the ranch’s greatest attributes,” Novick says. “There are vineyards and spas and wonderful places to eat.” Rancho Pavoreal could be used for a vineyard, a hunting retreat or – in honor of Wayne himself – a cattle ranch. No matter the use, John Wayne’s ranch is definitely the type of place where, as the Duke would have said, you can “take ‘er easy there, Pilgrim.” ]]> 15900 0 0 0 https://landreport.com/2019/03/winter-2018-top-ten/ Fri, 22 Mar 2019 07:00:30 +0000 https://www.landreport.com/?p=15903 PUMPKIN KEY | These 26 sandy acres are priced at more than $3.65 million per acre.[/caption]

  From the East Coast to the West and even out to Hawaii, our TOP TEN covers every imaginable land use. – The Editors

  1. The Mountain of Beverly Hills (California): $1 billion Aaron Kriman has the listing on this one-of-a-kind property that overlooks all of Los Angeles and the Pacific Ocean. 2. Molokai Ranch (Hawaii): $260 million This 55,574-acre ranch ranks as one of the Aloha State’s largest and encompasses more than one-third of Hawaii’s fifth-largest island, Molokai. Assets include two hotels, two golf courses, and more than 48,000 acres of agricultural land. Listed by Scott Carvill and Vicki Yu of Carvill Sotheby's International Realty. 3. Mesa Vista Ranch (Texas): $250 million Boone Pickens’ 100-square-mile masterpiece has been deemed “arguably the finest quail hunting spot known in the universe” and includes its own 6,000-foot, FAA-approved airstrip and a 25,000-square-foot hangar. Listed by Monte Lyons of Hall and Hall and Sam Middleton of Chas S. Middleton & Son. 3. Sandow Lakes Ranch (Texas): $250 million Owned by Alcoa, this 33,777-acre property possesses a sea of water rights, including 14 lakes. Bernard Uechtritz of Briggs Freeman Sotheby’s International Real Estate has the listing. 5. West Creek Ranch (Colorado): $149 million Discovery Channel creator John Hendricks’s 6,900-acre ranch straddles the Colorado—Utah line outside of Gateway, Colorado. Kerry Endsley with LIV Sotheby’s International Realty has the listing, which includes stunning Unaweep Canyon. 6. Gemini (Florida): $137.5 million (reduced from $195 million) Originally listed for $195 million, the Ziff family’s South Florida compound features 1,200 feet of Atlantic Ocean frontage and about 1,300 feet on the Intracoastal Waterway. Listed with Todd Peter and Christina Condon of Sotheby’s International Realty. 7. Great Island (Connecticut): $120 million This 63-acre island has more than a mile of Long Island Sound frontage as well as more than 13,000 square feet of improvements including a nine-bedroom manor house and a 19th century farmhouse. Listed by David Turner of Houlihan Lawrence. 8. Cross Mountain Ranch (Colorado): $100 million With 56,050 deeded acres and 168,000 leased, this Northern Colorado ranch stretches over four counties and is home to the largest elk herd in North America. Located 45 minutes from Steamboat Springs. Listed with Ken Mirr of Mirr Ranch Group. 8. Nottingham Ranch (Colorado): $100 million Surrounded by millions of acres of national forest and BLM land, this cattle ranch carries 1,200 animal units and includes 1,200 acres of pivot irrigation and 2,000 acres of flood irrigation. Listed by Ed Swinford and Brent Rimel with Slifer Smith & Frampton. 10. Pumpkin Key (Florida): $95 million This 26-acre island in the Florida Keys sits between Key Largo and the mainland. Improvements include a main residence, two caretaker’s cottages, a dock master’s apartment, and an office. Russell Post has the listing.]]> 15903 0 0 0 For Sale: 157-Acre Parcel in Beverly Hills Lists for $1 Billion]]> https://landreport.com/2019/03/sold-257-acre-town-of-tiller-sells/ Wed, 27 Mar 2019 07:00:07 +0000 https://www.landreport.com/?p=15907 UMPQUA NATIONAL FOREST || The tiny timber town is surrounded by BLM and forestland.[/caption]

  When a 257-acre township in Oregon hit the market, the world came a-calling. –Kelly McGee

  Garrett Zoller laughs as he reminisces about listing the Town of Tiller. The principal broker for Land and Wildlife and the broker of record for the LandLeader network, Zoller knew the seller. On top of that, he was referred by two competing brokers. “Both guys said it was going to be too big of a job,” Zoller says during a call from Land and Wildlife’s main office in Medford. “Did they miss out.” Zoller proposed numerous marketing strategies. Judging from the global response, it’s safe to say he chose wisely. “The coverage was crazy. Tiller was on the homepage of MSN and the homepage of Yahoo. I did two live interviews on BBC News. I was on FOX News with Shepard Smith. My phone kept crashing because I had so many calls coming in at the same time.” Cannabis farm, senior center, homeless shelter – every caller had a different idea. In September, Zoller’s odyssey concluded when the $3.85 million assemblage of 29 different tax parcels sold. A river resort is planned. “I knew it was going to be a challenge. It was gratifying to close,” Zoller says.]]> 15907 0 0 0 https://landreport.com/2019/03/land-report-march-2019-newsletter/ Fri, 15 Mar 2019 07:00:33 +0000 https://www.landreport.com/?p=15934 Spring has sprung, and with it has come pricing adjustments on several legacy properties currently on the market. Our March newsletter details these updates, including:
  • Colorado's Cross Mountain Ranch
  • Northern California's Lone Pine Ranch
  • Southern California's Mountain of Beverly Hills
  • The Michael Jackson estate in Santa Barbara County
  For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 15934 0 0 0 https://landreport.com/2019/03/2019-land-report-agriculture-issue/ Fri, 15 Mar 2019 07:00:48 +0000 https://www.landreport.com/?p=15936 Want to learn more about the 2018 Farm Bill? Interested in what drivers are motivating consumers? And what about hemp? Does it have the potential to become the next super crop? These are a few of the key topics that we address in this year's Agriculture Issue, which is now available online HERE. For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 15936 0 0 0 https://landreport.com/2019/04/monsanto-liable-for-non-hodgins-lymphoma-ordered-to-pay-80-million/ Mon, 01 Apr 2019 07:00:54 +0000 https://www.landreport.com/?p=15939 The popular weed killer Roundup was on the losing end of another major decision in federal court. A six member jury in San Francisco found that Monsanto failed to include a label on the weed killer warning of the risk of cancer. The jury awarded Edwin Hardeman, who used the product on his property for 26 years, more than $80 million, including $75 million in punitive damages, $5 million for past and future suffering, and $200,000 for medical bills. Monsanto plans to appeal the verdict. The company lost a similar case in 2018 and was ordered to pay $289 million in damages. That amount was later reduced to $80 million and is also being appealed. Monsanto was acquired by Bayer in 2018.]]> 15939 0 0 0 https://landreport.com/2019/04/major-listings-recalibrate-pricing/ Fri, 05 Apr 2019 07:00:03 +0000 https://www.landreport.com/?p=15945

  Legacy properties in the Rockies, Northern California, and Southern California get repositioned to sell.

  Colorado’s 52,896-acre Cross Mountain Ranch, Northern California’s 26,601-acre Lone Pine Ranch (pictured above), and the 157-acre Mountain of Beverly Hills have all undergone price reductions in recent weeks. But the 69 percent markdown associated with the former Santa Ynez estate of Michael Jackson ranks as the largest percentage decrease of all. Originally listed for $100 million in 2015, the King of Pop’s 2,698-acre property was relisted by a new team in 2017 for $67 million. In February 2019, a $31 million price tag was announced the same week that an unflattering documentary titled Leaving Neverland debuted on HBO. Kyle Forsyth and Suzanne Perkins of Compass have the listing. One of the most diverse operating ranches on the market today, Cross Mountain is listed with Ken Mirr of Mirr Ranch Group. It originally came to market for $100 million and is now listed for $70 million (a 30 percent adjustment). Lone Pine Ranch, which is listed with Bill McDavid of Hall and Hall, is a rare large acreage holding in Mendocino and Trinity Counties that was assembled by Dean Witter, founder of Dean Witter & Company. The asking price was recently reduced from $31 million to $25 million. Twice the size of Disneyland, the Mountain of Beverly Hills came to market last summer as the most expensive land listing in the nation: $1 billion ($6-plus million per acre). Earlier this month, the asking price was reduced by $350 million to $650 million. Aaron Kirman of Pacific Union International has the listing.]]> 15945 0 0 0 https://landreport.com/2019/04/cole-ranch-offers-rare-opportunity-to-own-an-entire-american-viticultural-area/ Mon, 08 Apr 2019 07:00:08 +0000 https://www.landreport.com/?p=15950 The 150-acre tract one hour north of Sonoma boasts few improvements except 55 acres under vine and certification from the United States Treasury as the only vineyard in the Ukiah American Viticultural Area (AVA). John Cole planted and nurtured the vines on his namesake ranch in the last decades of the 20th century. Todd Renfrew of California Outdoor Properties has the $3.3 million listing. He has fielded inquiries from across the country and around the world. “We’ve had calls from wine brokers in New York and Washington, D.C. A brewery owner in Croatia called. So did a real estate company with offices in Bordeaux and Paris. A brewery owner in the Bay Area with four breweries who is looking at getting into wine loves the smallest appellation theme,” Renfrew says. Click here to read more. ]]> 15950 0 0 0 https://landreport.com/2019/04/senators-grassley-and-wyden-investigate-bad-actors/ Fri, 12 Apr 2019 07:00:40 +0000 https://www.landreport.com/?p=15967 The chairman and the ranking member of the Senate Finance Committee have requested information including appraisals, promotional materials, and internal documents from 14 individuals involved in a tax avoidance scheme known as a syndicated easement. The IRS and the Justice Department are also investigating instances where individuals have received tax benefits in excess of their investment. “There are very legitimate purposes for the conservation easement provisions of the tax code,” Grassley said in a statement. “But when a handful of individuals cook up a scheme to cash in at the expense of federal revenue and in violation of Congress’s intent, something needs to change. There’s no reason that the rest of the taxpaying American public should be left with such a raw deal. This is just our first step in getting to the bottom of how these tax provisions are being abused, and it will inform what else ought to be done to fix the problem.” Click here to read more. ]]> 15967 0 0 0 https://landreport.com/2019/04/toledo-voters-approve-ballot-measure-granting-rights-to-lake-erie/ Mon, 15 Apr 2019 07:00:21 +0000 https://www.landreport.com/?p=15970 On February 26, 61 percent of voters in Ohio’s fourth largest city granted legal rights to the nation’s 11th largest lake. The passage of the ballot measure by the citizens of Toledo marks the first time a US jurisdiction has granted legal status to a natural resource. Known as the Lake Erie Bill of Rights, the initiative is an example of the Rights of Nature legal movement. According to Smithsonian magazine, it is unclear whether or not the Toledo referendum will withstand legal challenges. The day after the referendum, a farming partnership asserted that it was unconstitutional and unlawful and filed a legal challenge against the ballot initiative. Click here to read more. ]]> 15970 0 0 0 https://landreport.com/2019/04/2018-land-report-100-john-malone/ Thu, 18 Apr 2019 07:00:30 +0000 https://www.landreport.com/?p=15977 THE BELL | The distinctive butte that gives this New Mexico ranch its famous name has been
  a majestic sentinel to those who toil in its shadow.[/caption]

  No. 1 John Malone

  2,200,000 acres In addition to its focus on the productivity and profitability of its cattle operations, Malone’s SILVER SPUR RANCHES makes the preservation of historic structures and time-tested traditions a priority as well. One of the many examples of this takes place on New Mexico’s BELL RANCH, an historic land grant that dates back to 1824. In 2010, Malone acquired the Bell from the heirs of William Lane, who had reassembled 290,100 acres of the original Pablo Montoya grant. Two years later in 2012, a chuck wagon rolled out of Bell Ranch headquarters and the crew spent the next four weeks preparing grub for Bell cowboys during spring works. The wooden-wheeled wagon was pulled by a pair of Bell Quarter Horses. “We’ve been so fortunate that Silver Spur has bought the Bell Ranch and has allowed us to maintain some of these old traditions and bring some of them back,” said Kris Wilson, the Bell manager who resurrected the tradition.

  Click here to see the 2018 class of America’s largest landowners.

  ]]> 15977 0 0 0 https://landreport.com/2019/04/treehouse-real-estate-investment-trust-raises-45-5-million-signs-debt-agreement-with-federally-insured-commercial-bank/ Fri, 19 Apr 2019 07:00:38 +0000 https://www.landreport.com/?p=15981 A newly organized, externally managed real estate investment company that focuses on retail and commercial properties including regulated adult-use and medical-use cannabis facilities has completed a private placement of 2,067,274 shares for approximately $45.5 million. In addition to the private placement, Treehouse also signed a term sheet for a debt facility with a federally-insured commercial bank. The planned debt facility will carry a 6.1% interest rate over a five-year term and expects to provide accretive financing for Treehouse to efficiently manage its balance sheet. “Our debt facility term sheet is not only a big step for Treehouse, but a big step for the whole industry. We are witnessing federally-regulated lenders enter the cannabis industry, and we couldn’t be more excited to be a part of it,” said Treehouse board member Brian Kabot. Click here to read more.]]> 15981 0 0 0 https://landreport.com/2019/04/land-report-april-2019-newsletter/ Mon, 15 Apr 2019 07:00:36 +0000 https://www.landreport.com/?p=15985 Agriculture is the focus of the April newsletter, which includes an overview of our Ag Issue as well as briefs on key topics such as:
  • The recently released 2017 Farm Census
  • The effects of this spring's devastating Midwest floods
  • A spate of bankruptcies by Wisconsin farmers
  For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 15985 0 0 0 https://landreport.com/2019/04/2018-land-report-100-ted-turner/ Wed, 24 Apr 2019 21:35:13 +0000 https://www.landreport.com/?p=15989

  No. 2 Ted Turner

  2,000,000 acres Running the largest private herd of bison on earth – more than 50,000 head – requires an enormous amount of grazing land. Some of the finest natural pasturage can be found on the Great Plains, the traditional range of Bison bison. In late 2018, TURNER RANCHES augmented its Nebraska holdings by acquiring the KIME RANCH in the Sand Hills. The 15,055-acre Cherry County tract was a strategic acquisition of the highest order. It sits directly between two other Turner holdings, the MCMURTREY RANCH and the SPIKEBOX, and will no doubt increase efficiencies on both. According to a Turner representative, the acquisition of the Kime Ranch and the deaccession of some non-essential parcels left Turner’s total holdings at 2 million acres.

  Click here to see the 2018 class of America’s largest landowners.

  ]]> 15989 0 0 0 https://landreport.com/2019/04/2018-land-report-100-emmersons/ Tue, 30 Apr 2019 07:00:32 +0000 https://www.landreport.com/?p=15994 No. 3 Emmerson Family 1,956,100 acres (down 3,566 acres) Through their wholly owned SIERRA PACIFIC INDUSTRIES (SPI), the Emmersons are engaged in collaborative efforts to restore and maintain the health of California’s forests. In partnership with the US Forest Service, National Fish & Wildlife Foundation, and others, this landscape-level work is helping protect communities, wildlife, water quality, and other forest resources. Forests are being thinned to reduce densities and provide the remaining trees the opportunity to better withstand fire, pests, and disease. Firebreaks are being created to help keep fire at the ground level and provide a place for firefighters to control the fire. Thanks to these efforts, SPI received USFS’s Pacific Southwest Region 2018 Partnership of the Year recognition. With a team of 5,100 crew members, Sierra Pacific continues to be one of the largest privately owned US forest products companies. It is among the largest US lumber manufacturers and wood window producers.

  Click here to see the 2018 class of America’s largest landowners.

  ]]> 15994 0 0 0
• Through their wholly owned SIERRA PACIFIC INDUSTRIES (SPI), the Emmersons are engaged in collaborative efforts to restore and maintain the health of California’s forests.

]]> https://landreport.com/2019/05/2018-land-report-100-reed-family/ Thu, 02 May 2019 07:00:26 +0000 https://www.landreport.com/?p=15999 NEW GROWTH || A joint venture between the Reed family’s Green Diamond Resources and Seattle’s Silver Cree Capital now owns half a million acres of timberland in the South.[/caption]

No. 4 Reed Family

1,729,232 acres (up 359,232 acres) Headquartered in Seattle, the Reed family’s GREEN DIAMOND RESOURCES COMPANY is a fifth-generation, family-owned forest products company with timberland in eight states spread out across the Pacific Northwest and the South. Several substantial acquisitions have recently increased the family’s holdings, including the December 2018 purchase of 92,000 acres of timberland in five Northeast Alabama counties from Sustainable Woodlands Fund and its timberland manager, The Molpus Woodlands Group. Additionally, Green Diamond’s partnership with Silver Creek Capital Management of Seattle, which dates back to 2017, is building a substantial portfolio. At press time, the joint venture’s total land ownership in the South was approximately half a million acres.

Click here to see the 2018 class of America’s largest landowners.

]]> 15999 0 0 0 https://landreport.com/2019/05/2018-land-report-100-irving-family/ Tue, 14 May 2019 07:00:56 +0000 https://www.landreport.com/?p=16030 EMPIRE BUILDER. Flanked by his wife and sons, Kenneth Colin Irving (1899—1992) propelled the family’s New Brunswick holdings into a global empire.[/caption]

No. 6 Irving Family

1,247,880 acres (up 1,644 acres) J.K. Irving planted the company’s one billionth tree in July. Quite an accomplishment for a family rooted in the legacy of patriarch James Dergavel Irving, whose grandparents emigrated from Scotland with plenty of hope and little else. In 1882, J.D. opened a sawmill in New Brunswick, the first in a series of ventures that would usher in decades of entrepreneurial growth. Today, the Irvings rank as Maine’s largest private landowners. The family also owns some 1.9 million acres in Canada. Each year, the US and Canadian divisions plant a combined 20 million trees. Other Irving family enterprises include newspapers and petrochemicals. In October, an explosion rocked an Irving Oil facility – Canada’s largest refinery – in Saint John, New Brunswick. Four workers were injured in the blast, but thankfully no fatalities were reported. The refinery produces more than 320,000 barrels of gasoline, jet fuel, heating oil, and other products every day. More than half of the production is exported to the US.

Click here to see the 2018 class of America’s largest landowners.

]]> 16030 0 0 0 https://landreport.com/2019/05/2018-land-report-100-brad-kelley/ Fri, 17 May 2019 07:00:50 +0000 https://www.landreport.com/?p=16041 Calumet Farm’s colors have won the Run for the Roses eight times, including Ponder in 1949.[/caption]

No. 7 Brad Kelley

1,150,000 acres Much like John Malone’s Silver Spur Ranches have given new life to old ways, Brad Kelley has reinvigorated legendary CALUMET FARM. In the last century, Thoroughbreds from the 762-acre Kentucky breeding and training facility raced to victory in every black-type event, including the Kentucky Derby, the Preakness, and the Belmont Stakes. Calumet’s dominance peaked mid-century with Triple Crown winners Whirlaway (1941) and Citation (1948). Then owner Warren Wright passed in 1950. Trainer Ben Jones (shown above with 1949 Kentucky Derby winner Ponder) died in 1961. By the 1980s, the farm was in serious decline. By 1991, it was losing a reported $1 million a month and sought bankruptcy protection. Fortunately, it found a savior in Henryk de Kwiatkowski, whose heirs shepherded it for two decades. In 2012, Kelley’s Calumet Investment Group acquired it, and the following year Calumet Farm returned to the winner’s circle when Oxbow won the Preakness Stakes.]]> 16041 0 0 0 https://landreport.com/2019/05/the-land-report-spring-2019/ Wed, 15 May 2019 07:00:11 +0000 https://www.landreport.com/?p=16044 The Magazine of the American Landowner announces the 2018 Deals of the Year:

• 2018 Deal of the Year: A matchless alpine holding, Wasatch Peaks Ranch celebrates Utah at its best.
• 2018 Conservation Deal of the Year: A historic retreat since 1827, Cabin Bluff will now be preserved in perpetuity.
• 2018 Farmland Deal of the Year: Pieced together over the last 50 years, Weidert Farm finds a new steward.
• 2018 Ranchland Deal of the Year: The last remaining block of Latt Maxcy’s Florida ranching empire, El Maximo, sells.
• 2018 Timberland Deal of the Year: CalPERS sheds more than 1.1 million acres of East Texas Timber for $1.39 billion.
• 2018 Auction Deal of the Year: The National Auctioneers Association honors Peoples Company for its South Dakota Farmland Auction.

Other great reads in this issue include:

• Policy: American Soil is Increasingly Foreign Owned
• Events: RLI’s 2018 APEX Award Winners
• BackGate: Valhalla Plantation Sells

]]> 16044 0 0 0 https://landreport.com/2019/05/low-prices-plague-wisconsin-farmers/ Wed, 22 May 2019 07:00:13 +0000 https://www.landreport.com/?p=16053 For the third year in a row, the Badger State boasted the unenviable distinction of leading the nation in farm bankruptcies in 2018. Wisconsin’s 47 Chapter 12 bankruptcies easily outpaced Nebraska’s 31. Low milk prices were just one culprit. “The cranberry industry is in rough shape. The processing vegetables aren’t doing very well. Potato farms just had a rough year. They had a bad harvest. So that’s what’s going on. It’s just a lot of persistent low prices for a lot of different commodities that we produce,” said Paul Mitchell, a professor of agriculture and applied economics at the University of Wisconsin. In 2018, 498 Chapter 12 bankruptcies were filed nationwide, three fewer than in 2017. In 1986, Congress enacted Chapter 12 bankruptcy protection to allow family farmers and family fishermen to restructure their finances to avoid liquidation or foreclosure. Click here to read more. ]]> 16053 0 0 0 https://landreport.com/2019/05/2018-land-report-100-peter-buck/ Thu, 23 May 2019 07:00:12 +0000 https://www.landreport.com/?p=16059 TALL TIMBERS TRUST has emerged as one of the largest owners of timberland in the Pine Tree State. And it’s all because Buck gave a college freshman (and family friend) named Fred DeLuca $1,000 and the idea to open a submarine sandwich shop in Bridgeport, Connecticut. That partnership has since manifested itself in 40,000 locations – and 925,000 acres of timberland.

Click here to see the 2018 class of America’s largest landowners.

]]> 16059 0 0 0

A nuclear physicist by the name of Peter Buck. Dr. Buck’s TALL TIMBERS TRUST has emerged as one of the largest owners of timberland in the Pine Tree State.

]]> https://landreport.com/2019/05/2019-land-report-texas-issue/ Wed, 01 May 2019 07:00:13 +0000 https://www.landreport.com/?p=16063 Our annual roundup of land and landowners in the Lone Star State is now available online. Must-read stories in the 2019 Texas Issue include:

• T.D. Kelsey Profile: In "Travelin' Man," writer Henry Chappell and photographer Wyman Meinzer team up to share the one-of-a-kind talents of renowned sculptor T.D. Kelsey and his global quest for inspiration.
• Return to the Remuda: The Magazine of the Texas Landowner dispatched Rahm Carrington to document the premier ranch horse sale hosted by the Four Sixes Ranch, Pitchfork Land and Cattle Co., Tongue River Ranch, Beggs Cattle Co. with guest consignors King Ranch and Wagonhound Land & Livestock.
• Texas Land Markets: See how land values in your corner of Texas changed in value during 2018 courtesy of the Real Estate Center at Texas A&M.
• Explore Ranches: This innovative travel concept has opened the gates to 353,069 acres of private land across Texas and in the Rocky Mountains.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 16063 0 0 0 https://landreport.com/2019/05/2017-farm-census-released/ Wed, 29 May 2019 07:00:31 +0000 https://www.landreport.com/?p=16066 Ninety-six percent of US farms and ranches are family owned. That’s one of the many takeaways from the USDA’s most recent Census of Agriculture based on data collected by the Department of Agriculture’s National Agricultural Statistics Service (NASS) directly from farmers and ranchers. Compared to the previous census in 2012, there are fewer mid-size farms. Operators are getting bigger – or smaller. Women have taken a bigger role in American agricultural: 36 percent of all farm operators are female. There are just over 2 million farms and ranches in the US. The average size is 441 acres. The typical farm earned $43,053 in 2017. And overall, our nation’s farmers are becoming more connected – farms with Internet access rose to 75.4 percent. Click here to read more. ]]> 16066 0 0 0 https://landreport.com/2019/05/land-report-may-2019-newsletter/ Wed, 15 May 2019 07:00:22 +0000 https://www.landreport.com/?p=16071 The sale of an iconic Red Hills wild quail plantation headlines our May newsletter. Listed with Jon Kohler & Associates, Valhalla Plantation outside Tallahassee dates back centuries and boasts decades of stewardship and strategic improvements. Other reads in this month's newsletter include:

• Walmart creates Angus beef supply chain
• Ranchers file antitrust suit against Big Four packers
• King Ranch Institute creates Ranch Manager Job Board

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 16071 0 0 0 https://landreport.com/2019/06/farm-losses-top-2-billion/ Mon, 03 Jun 2019 07:00:42 +0000 https://www.landreport.com/?p=16074 The recent flooding that devastated farms in the Midwest continues to deliver economic blows, reports the Des Moines Register. Farmers are struggling not only with damaged crops and a massive cleanup but are also trying to reach fields and livestock on impassable roads and bridges. The Iowa Farm Bureau Federation’s Senior Economist, Sam Funk, estimates that farmers in the state will struggle to plant up to 145,000 flooded acres along the Missouri River. “This flood isn’t just bigger,” Funk said. “The effects will last longer. Long after waters recede, the sand and debris left behind must be cleaned up before planting.” And the equipment needed for that cleanup isn’t always readily available, a crucial detail when planting. Adding to the issue for farmers along the Mississippi River: possible flooding as the snowpack in Minnesota and Wisconsin begins to melt. Click here to read more. ]]> 16074 0 0 0 https://landreport.com/2019/06/2018-land-report-100-king-ranch/ Tue, 04 Jun 2019 07:00:15 +0000 https://www.landreport.com/?p=16077

No. 10 King Ranch Heirs

911,215 acres 2018 was a banner year for the Return to the Remuda Sale, and the participation of KING RANCH QUARTER HORSES as a guest consignor played a part. The largest crowd in sale history gathered at the Four Sixes Ranch in Guthrie, Texas. Some 146 head sold at the highest per horse average in sale history. The end result was the highest gross sales in the history of the sale: $1,545,200. King Ranch Quarter Horse Manager James Clement III insists that 2019 will be even better.

Click here to see the 2018 class of America’s largest landowners.

]]> 16077 0 0 0 https://landreport.com/2019/04/the-sms-brand/ Mon, 15 Apr 2019 00:00:50 +0000 https://www.landreport.com/?p=16244 Texas history brims with rags to riches stories, but few can vie with the life and times of Svante “Sven” Swenson (1816–1896). A Swedish immigrant who arrived in New York in 1836, he made his way to the Republic of Texas two years later and began his improbable rise to Lone Star land baron.

The engine that fueled Swenson’s acquisitions was the mercantile trade. In 1850, the enterprising merchant established a frontier trading post near present-day Austin. Dry goods were not his sole focus, however. Swenson bought bonds of all types, especially those issued by landowning entities such as railroads and schools. In the span of a single decade, he accumulated an estimated 680,000 acres, much of it untamed frontier lands. His cattle were readily identifiable by his distinctive SMS brand, which featured backward Ss.

Swenson’s landholdings led to the establishment of three ranches. The Eleonora near Throckmorton was named for his daughter. The Ericsdahl near Stamford was named for son Eric; and the Mount Albin in Jones, Haskell, and Stonewall counties was named for son Albin. Thanks to a landmark mesa that crowns the Mount Albin, it became better known as the Flat Top Division.

The Eleonora and the Ericsdahl were sold off in the 20th century. In 2019, the shareholders of the Swenson Land & Cattle Co. decided to sell the last large block, the 41,000-acre Flat Top Division. They selected Sam Middleton of Chas. S. Middleton & Son to bring the iconic ranch to market.

Listed at $41 million, the Flat Top Division benefits from some seven miles of the Double Mountain Fork of the Brazos River. Paved roads provide ready access. Decades of superior management are evident in the robust cow-calf operation, which generates top-dollar pricing. More recently, the wildlife component has evolved into a major revenue source on the historic holding.

]]> 16244 0 0 0 The Story of the S.M.S. Ranch.]]> Texas history brims with rags to riches stories, but few can vie with the life and times of Svante \u201cSven\u201d Swenson (1816\u20131896). A Swedish immigrant who arrived in New York in 1836, he made his way to the Republic of Texas two years later and began his improbable rise to Lone Star land baron.<\/p>

The engine that fueled Swenson\u2019s acquisitions was the mercantile trade. In 1850, the enterprising merchant established a frontier trading post near present-day Austin. Dry goods were not his sole focus, however. Swenson bought bonds of all types, especially those issued by landowning entities such as railroads and schools. In the span of a single decade, he accumulated an estimated 680,000 acres, much of it untamed frontier lands. His cattle were readily identifiable by his distinctive SMS brand, which featured backward Ss.<\/p>

Swenson\u2019s landholdings led to the establishment of three ranches. The Eleonora near Throckmorton was named for his daughter. The Ericsdahl near Stamford was named for son Eric; and the Mount Albin in Jones, Haskell, and Stonewall counties was named for son Albin. Thanks to a landmark mesa that crowns the Mount Albin, it became better known as the Flat Top Division.<\/p>

The Eleonora and the Ericsdahl were sold off in the 20th century. In 2019, the shareholders of the Swenson Land & Cattle Co. decided to sell the last large block, the 41,000-acre Flat Top Division. They selected Sam Middleton of Chas. S. Middleton & Son to bring the iconic ranch to market.<\/p>

Listed at $41 million<\/a><\/strong>, the Flat Top Division benefits from some seven miles of the Double Mountain Fork of the Brazos River. Paved roads provide ready access. Decades of superior management are evident in the robust cow-calf operation, which generates top-dollar pricing. More recently, the wildlife component has evolved into a major revenue source on the historic holding. <\/span><\/span><\/p>","drop_cap":"yes","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"c0971ae"}],"typography_typography":"custom"},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2019/06/new-leadership-announced-at-landvest/ Wed, 05 Jun 2019 07:00:01 +0000 https://www.landreport.com/?p=16080 The real estate and timberland advisory firm LandVest, headquartered in Boston, announced new leadership in April. Joseph Taggart is the new president, moving up from his previous role as executive vice president of timberlands. Taggart has been with LandVest since 2000 and a member of the board of directors and senior management since 2012. Slater Anderson becomes vice president, managing director of real estate. Anderson, who has been with the company for two decades, has also been on the board of directors since 2012. “This transition signals both the continuity and innovation that are LandVest hallmarks,” noted board chair David Rosen. “Joe and Slater have been key drivers in the growth we have experienced over the past several years.” The board also reaffirmed Tina Bourgeois as CFO/COO and Maya Elisayeff as vice president marketing operations. Read more HERE.]]> 16080 0 0 0 https://landreport.com/2019/06/new-law-settles-battle-over-bones/ Mon, 10 Jun 2019 07:00:22 +0000 https://www.landreport.com/?p=16091 Montana Governor Steve Bullock signed into law legislation that designates fossils belong to the surface estate owner. The first-of-its-kind protection addresses a contentious issue that has bedeviled landowners. “This was a very significant bill for our group,” Charles Denowh of United Property Owners of Montana told UPI. “We saw all sorts of unintended consequences that could have arisen if the precedent had become that the mineral estate owned dinosaur fossils. We saw a lot more conflicts happening between surface owners and mineral owners if that were the case.” Supporters cited a 1915 decision that “(f)ossil remains of dinosaurs and other prehistoric animals are not mineral within the meaning of the United States mining laws.” Although the law does not affect current court cases, it arose in part out of the lengthy legal battle involving “Dueling Dinosaurs,” a 2006 discovery involving ancient beasts locked in battle. Click here to read more. ]]> 16091 0 0 0 https://landreport.com/2019/06/land-report-june-2019-newsletter/ Sat, 15 Jun 2019 07:00:07 +0000 https://www.landreport.com/?p=16110 Our 2019 Texas issue takes center stage in the June newsletter. Feature stories include a photo essay by Rahm Carrington featuring the Return to the Remuda sale, an overview of Texas land markets, and a cover story by Henry Chappell and Wyman Meinzer featuring renowned sculptor T.D. Kelsey on his Rolling Plains ranch. Other items in the newsletter include:

• IBM expands its agribusiness footprint with a digital farming platform.
• Colorado's 69,126-acre Red Top Ranch comes to market for $16.5 million.
• A superior court fines landowners $586,000 for violating a conservation easement.

For up-to-the-minute reports, follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 16110 0 0 0 https://landreport.com/2019/06/sold-landmark-2410-acre-red-hills-wild-quail-plantation-sells/ Wed, 19 Jun 2019 07:00:17 +0000 https://www.landreport.com/?p=16112 Florida’s Valhalla Plantation boasts significant higher and better use potential. A historic plantation founded in 1824 and later owned by a Winn-Dixie heir sold for $13.6 million after several years on the market. Originally part of the renowned Chemonie Plantation, Valhalla Plantation includes a lakefront main lodge and horse stables with 11 stalls. Seller Arthur Cahoon, founder and CEO of Rock Creek Capital, invested seven figures in these improvements along with restoring the wild quail habitat. Plus, he installed high fencing that spans the western edge. “When looking for an A+ area for wild quail in the Southeast and a great way to store wealth, this is one of the finest,” said Erica Kohler of Jon Kohler & Associates, who represented the seller. Added her husband, Jon: “This one was special for me. When I was studying real estate more than 30 years ago at Florida State, the plantation had just sold. The day I heard about the sale, I knew this was the type of property I wanted to specialize in. Click here to read more.]]> 16112 0 0 0 https://landreport.com/2019/06/lower-48-drought-free/ Thu, 27 Jun 2019 17:14:55 +0000 https://www.landreport.com/?p=16128 Following the wettest 12 months on record in North America, the continental US is now virtually drought-free. The National Ocean and Atmospheric Administration reported that precipitation in the US from May 2018 to April 2019 topped 36 inches, shattering a record that stood more than 120 years. Drought conditions currently impact less than 2 percent of the lower 48 states. This soggy state of affairs seems even more remarkable considering that in January 2018, nearly 40 percent of the US was suffering some degree of drought. Staggering rainfall — from downpours that caused flooding to sustained periods of wetness — saturated the land as relentless snowfall from Maine to Montana. Drought conditions improved but did not entirely disappear in pockets of Oregon, New Mexico, and Texas. Outlier Alaska, meanwhile, experienced its tenth hottest April on record, while drought footprints across Hawaii expanded thanks to an unusually dry March and April. Click here to read more. ]]> 16128 0 0 0 https://landreport.com/2019/06/go-west-bureau-of-land-management/ Fri, 28 Jun 2019 07:00:28 +0000 https://www.landreport.com/?p=16132 According to the Interior Department, officials are scouting a new location for BLM headquarters nearer the terrain it manages: 388,000 square miles, 99 percent of which can be found in a dozen Western states. Look for an announcement in September that Arizona, Colorado, Idaho, New Mexico, or Utah will play host to the new HQ. The move represents one facet of a department-wide reorganization. Twelve new unified regions will come from consolidating 49 regional boundaries of the existing eight sub-agencies. In May, Interior Secretary David Bernhardt asked Congress for $10.5 million to carry out the restructuring. Another Washington-based agency — the US Geological Survey — may likewise venture westward with Denver as its new home. The nation’s largest water, earth, and biological science agency works with federal, state, and local entities along with universities and private industry to monitor earthquakes, publish maps, and collect scientific data. Click here to read more. ]]> 16132 0 0 0 https://landreport.com/2019/07/nations-largest-retailer-creates-end-to-end-beef-supply/ Tue, 02 Jul 2019 07:00:34 +0000 https://www.landreport.com/?p=16149 Walmart’s first foray into the beef industry follows a nationwide trend toward transparency in the food supply chain. The Bentonville, Arkansas-based behemoth announced plans to source much of the Black Angus cuts it sells in 500 stores across the Southeast directly from ranches. “As clean labels, traceability, and transparency become more and more important to customers, we’ve made plans to enter into the beef industry, creating an unmatched system that allows us to deliver consistent quality and value,” said Walmart’s Scott Neal. The move will spur the creation of 250 new jobs at Creekstone Farms’ beef processing plant in Kansas with 200 additional new positions in Georgia at a case-ready facility. “This will provide many opportunities for the agriculture community to include farmers, ranchers, and cattlemen alike,” said Francois Leger, president and CEO of FPL Food, tapped to run the Georgia facility. Click here to read more. ]]> 16149 0 0 0 https://landreport.com/2019/07/ranchers-file-antitrust-suit-against-beef-packers/ Fri, 05 Jul 2019 07:00:39 +0000 https://www.landreport.com/?p=16155 R-CALF USA joined with four cattle-feeding ranchers in Iowa, Kansas, Nebraska, and Wyoming to file a class-action lawsuit against the largest US beef packers. The Big Four packers — Cargill, JBS, National Beef, and Tyson — are accused of conspiring to artificially lower prices. The suit alleges that in order to create a glut of fed cattle, the Big Four collectively reduced slaughter rates. The complaint further accuses the packers of other collusive tactics like coordinating their weekly cash market purchases and importing cattle from Canada and Mexico. The combined efforts of the Big Four, according to the suit, have depressed prices of fed cattle nearly 8 percent since January 2015, resulting in significant economic harm to ranchers across the country. Click here to read more. ]]> 16155 0 0 0 https://landreport.com/2019/07/canadian-pension-fund-buys-broetje-orchards/ Wed, 10 Jul 2019 07:00:28 +0000 https://www.landreport.com/?p=16164 Tri-City Herald, however, the real estate component of the acquisition was valued at $288 million, a figure that was determined using the excise tax affidavit filed with Washington’s Department of Revenue. The nine-figure acquisition comes less than a year after Bill Gates paid $171 million for 14,500 acres of highly productive farmland owned by John Hancock Life Insurance Company in the Horse Heaven Hills to the west of the orchards.

From Humble Beginnings

Ralph and Cheryl Broetje founded their company with a single cherry orchard, which the couple bought in 1968. According to the Broetje Orchards website, their nascent agribusiness endured many of the spurts and sputters common to a start-up. By 1982, the Broetjes were forced to liquidate their farmland holdings. The following year, the couple began again. Only this time, profit was no longer their ultimate purpose. Thanks to a mission trip they had taken to Mexico, they gained a new perspective on the people working alongside them. At the company website, Ralph Broetje was quoted as follows: “That mission to Mexico made me realize how hard it was for people there to dream about achieving anything because the opportunities did not exist. I understood that they were coming to the United States for better opportunities for their families. It gave us more insight into what their needs are, and it reminded me of why we had this orchard. It wasn’t so we could keep building things for ourselves. It was so we could try to give back to the families working with us.” To facilitate their charitable efforts, Cheryl Broetje founded Center for Sharing, a faith-based experiential learning community around the teaching and practice of servant leadership. The company also founded the New Horizon Early Childhood Education Center to look after and assist with the development of children whose parents were on the company payroll. The Broetjes established Villa Hermosa Foundation to carry out the mission of “bearing fruit that will last.” A residential development in Pasco was established to foster a greater sense of community for the employees.

Broetje Orchards Takes Off

By 1987, a lender was willing to finance the construction of an on-site packing plant in Prescott. This marked a new chapter for the entrepreneurs, one marked by vertical integration. Broetje Orchards could now grow, pack, and ship millions of apples from a single site. In the decades that followed, the company expanded its orchard holdings, built cold-room and controlled-atmosphere storage, and cultivated a total of 15 varieties of apples and cherries. The company established itself as an industry leader that grows more than 7 million apples a year. This breaks down to 28,000 boxes of apples a day at the 1.1 million-square-foot processing facility in Prescott. Payroll numbers range from 1,000 permanent employees to 2,800 during peak season. The company’s principal orchard is a 4,300-acre tract near Prescott in Walla Walla County. This frost-free microclimate borders the Snake River and consistently produces high-quality fruit. Additional orchards are located nearby in Wallula and Benton City. The company’s signature varietal is the Opal® apple, which was developed on-site. Crisp, sweet, and non-browning, the bright yellow Opal is the first American apple variety to be verified by the Non-GMO Project. Ontario Teachers’ Pension Plan ranks as Canada’s largest single-profession pension plan with more than $142 billion (CA$189.5 billion) in net assets. The Toronto-based pension plan appointed a former Broetje Orchards executive, Jim Hazen, chief executive of the new enterprise, which will operate as FirstFruits Farms, FirstFruits Marketing, and FirstFruits Community. In addition to Broetje Orchards, Ontario Teachers’ has invested in other US agribusinesses, including mussels producer Atlantic Aqua Farms, row crop REIT Goldcrest Farm Trust, and Woodspur Farms, the largest integrated organic date grower and processor in the US with 46 properties in California and Arizona. ]]> 16164 0 0 0 BROETJE ORCHARDS’ OPAL is a cross between the Golden Delicious and the Topaz.]]> One of largest family-owned tree-fruit farms in the Northwest sells to a leading Canadian institutional investor.]]> https://landreport.com/2019/07/land-report-case-study-hearst-ranch/ Mon, 22 Jul 2019 07:00:04 +0000 https://www.landreport.com/?p=16190

Thinking outside the box landed this California beef producer’s entire herd inside Whole Foods.

PHOTOGRAPHY BY RICHARD FIELD LEVINE, STEVE MILLER + ALEXANDER VERTIKOFF The Piedra Blanca Rancho lords over the Pacific roughly halfway between San Francisco and Los Angeles. Grassland, native oaks, and chaparral cover its gentle slopes. Coastal prairie extends from the foothills to the cliffs above San Simeon Bay. Rainfall runs up to 20 inches at sea level, and as much as 40 inches at higher elevations. Streams flow year-round from the Santa Lucias, a coastal mountain range running parallel to the ocean’s waters. During the warmer months, dense fog is a constant feature along the scenic shoreline. “A lot of emotion goes with the San Simeon property,” says Steve Hearst. “The family loves it just the way it is. They don’t want to see changes. Our president once said he bought a newspaper for $500 million and got a call from a single family member. He had a fence painted on the ranch and got 18 calls. We maintain and restore buildings, but we don’t want them changed. All of us in the family, whenever we drive through the gates at San Simeon, we feel like we’re home.” At its heart, San Simeon and its sister operation, the Jack Ranch, are traditional cattle outfits. In the winter, breeder bulls are turned out with cows. Calves drop in the fall. The following winter, mother cows and calves are rounded up for vaccinations. Gentle handling helps familiarize the calves with humans. It also minimizes the stress they endure. The newly branded calves are quickly reunited with their mothers and then moved into low-intensity grazing rotations that protect native range. Inland pastures are grazed first to allow coastal pastures time to mature for summer and fall grazing. Calves aren’t weaned until summer, when they’d naturally wean themselves. After weaning, steers and heifers are moved to the choicest pastures to put on weight. The specific locations are selected based on rainfall and recent grazing history. About 1,400 acres of irrigated pasture provide insurance against the ever-present threat of drought. Once the cattle reach about 1,200 pounds – ideally around the 18-month mark – they are moved to a facility certified for humane processing. Hearst Ranch has earned numerous humane handling certifications through the Global Animal Partnership. This time-tested plan has been developed and improved by generations of Hearst Ranch cowboys and family members over the past 150 years. “We’re letting cows be cows, and giving them plenty of room to do it,” says Steve Hearst, the fifth-generation family member who runs Hearst Corporation’s ranching and timber operations as well as its real estate interests in San Francisco and Southern California. In addition to San Simeon, the family’s name for the historic 83,000-acre Piedra Blanca Rancho that surrounds Hearst Castle, the properties include the 73,000-acre Jack Ranch in Paso Robles and 61,000 acres of timberlands in Northern California. “I came over after 25 years at newspapers and, as a family member, had the privilege of growing up on these ranches and getting to play on them and also work alongside some of the cowboys with brandings and so forth,” Steve says. [caption id="attachment_16186" align="aligncenter" width="588"] Many marketers claim to offer grass-fed beef but in fact finish their cattle on organic corn. Hearst Ranch Beef is finished on native rangeland or irrigated pasture. Hearst Ranch Beef is also free of antibiotics. If an animal needs to be treated, it gets an ear tag and is subsequently removed from the Whole Foods beef program.[/caption] His arrival heralded an era of momentous change, one whose initial focus was to develop a conservation easement for San Simeon. At 128 square miles, it is five times Manhattan’s size, and it boasts miles of breathtaking Pacific Ocean frontage. “The conservation deal is something that required some pretty heavy lifting at the beginning because of all of the battles with the Coastal Commission over certain developmental opportunities at the ranch on the coast with some resorts and golf courses and so forth. I think we were fairly villainized, unreasonably so, but very villainized by some extremist environmental organizations and independent rock throwers from the local communities.” In addition, there was another major constituency to take into consideration: the members of his own family. “This ranch obviously has a place in every family member’s heart. During the five years I was negotiating the conservation easement that closed in 2005, I was often heard to say that regardless of where any family member lives in the world, whenever they drive through the gates at San Simeon, they all think they’re home. And that’s very, very true,” he says. “Ultimately, we convinced everybody that it was a good thing, and we reserved the right to build 27 owner homes and a small inn on San Simeon Bay. We haven’t built any of the homes, and we haven’t built the inn. We’ve got the rights to do it, and ultimately, with the growing family, I’m sure that some houses on the property are going to be necessary and desired,” Steve says. The California Rangeland Trust monitors the San Simeon easement. Founded in 1998, the trust is an organization established by cattlemen and cattlewomen “to conserve the open space, natural habitat, and stewardship provided by California’s ranches.” [caption id="attachment_16187" align="aligncenter" width="588"] TIME-TESTED SKILLS | Hearst Ranch cowboys continue a legacy that dates back to the founding of the great rancho in 1865.[/caption] “They actually understand ranching and understand emergency needs of getting across creeks and rivers. They understand drought conditions and that the grazing may be a little bit more intense in those periods.” They understand those kinds of things, and they come and supervise the easement twice a year on site,” Steve says. Another major initiative got underway in 2010 when Steve invited a delegation from Whole Foods to tour San Simeon. “A lot of operations claim to offer grass-fed beef, but they’re actually finishing their cattle on organic corn or something like that. We finish Hearst Ranch Beef exclusively on native rangeland or our irrigated pastures. That’s it,” Steve says. In addition, Hearst Ranch Beef is completely free of antibiotics. If an animal needs to be treated, it then gets an ear tag and is subsequently removed from the beef program. The response from Whole Foods to this approach was thoroughly positive. A contract was signed within 30 days. “The ranch is a great home court advantage, second only to the Oval Office,” Steve says. Hearst Ranch provides Whole Foods approximately 1,000 head, on a seasonal basis, from Memorial Day to Labor, a span that cattlemen refer to as the summer grilling season. Thanks to this arrangement, Hearst Ranch is now the nation’s largest single-source supplier of free-range, all-natural, grass-fed and grass-finished beef. The majority of this production can be found at Whole Foods Markets in Santa Barbara, Santa Monica, Los Angeles, and other cities in Southern California. Closer to home, the Whole Foods Market in nearby San Luis Obispo is another venue. So are restaurants along the Central Coast, in the Bay Area, and as far afield as New York at cafe57 in the Hearst Tower. “The ranches are in better shape than they’ve been in for a long time due to our relationship with Whole Foods,” Steve says emphatically. This long-term commitment to such high standards led the California Beef Cattle Improvement Association to name Hearst Ranch the Commercial Producer of the Year. In 1865, George Hearst bought the 50,000 acres of ranchland along San Simeon Bay that form the bedrock of Hearst Ranches. As one of the original investors in the Comstock Lode, the Missouri native no doubt considered himself to be a miner, not a rancher. The coastal property was an investment, a nest egg for his wife, Phoebe, and their young son, Willie. In his memoirs, George mentioned that he had become “somewhat interested in stock raising … but that the land is not very valuable because it is too boggy.” After George’s death in 1891, Will (as he was then called) poured his energies into his growing media empire. In 1903, a day shy of his 40th birthday, he married 21-year-old Millicent Willison, a former vaudeville performer. The arrival of five sons between 1904 and 1915 brought Will back home to San Simeon for he made sure that his boys knew the pleasures of camping, fishing, hiking, and riding in the same hills that he had loved as a child and as a young man. In 1919, Phoebe died of Spanish flu. Not long afterward, Will contacted Julia Morgan about “building a little something”at San Simeon. The rest is history. A prolific architect based in San Francisco, Julia was also a pioneer, the first woman admitted to the prestigious École des Beaux-Arts in Paris. In addition, she was also one of the few Americans to complete the rigorous course of study. She had already undertaken several projects for the family, including a swimming pool for Phoebe at her 4,000-acre Pleasanton ranch and the headquarters of the Los Angeles Examiner for Will. The two engaged in initial discussions, and Julia decided to open Job 503 – the San Simeon project. Brief lulls notwithstanding, this job remained open for more than three decades, the remainder of Will Hearst’s life. From groundbreaking in 1920, until his death, Will maintained complete confidence in his chief architect. Julia designed hay barns, dairies, poultry farms, dams, bridges, fish ladders, walls, airplane hangars, employee quarters, animal pens, and, of course, the Hearst Castle. She laid out hundreds of miles of backcountry roads and took responsibility for hiring and firing construction managers. More than 1,000 letters and some 9,000 drawings make clear that Hearst, creative in his own right, indefatigable, and forceful, usually heeded Julia’s advice. Every design decision, every improvement to existing structures, sought a balance of functionality, beauty, and harmony with the land and the region’s aesthetic traditions. W.R. Hearst died in 1951. Six years later, the Hearst Corporation and Hearst family donated the hilltop buildings and 20 coastal acres to the State of California’s Department of Beaches and Parks. In 1958, Hearst San Simeon State Historical Monument opened to the public. [caption id="attachment_16189" align="aligncenter" width="588"] TIMELESS LEGACY | Steve Hearst spent five years forging the conservation easement that now protects Hearst Ranch’s pastures as well as miles of pristine coastline.[/caption] Since then, the 165-room Hearst Castle has welcomed tens of millions of visitors to its 127 acres. Yet few realize that the surrounding ranchland is being nurtured and worked just as it was during W.R. Hearst’s lifetime – and his father’s. Says Steve Hearst, “We took the position that we’re going to be in the cattle business for a long time. We’ve owned these ranches forever, and we plan to own them forever, so working together with our partners at Whole Foods, we said, ‘Look, if it comes down to protecting our resource, we may have to go with fewer head to you. But we’ll do everything we can.’ And I’ll tell you the kind of partner that Whole Foods is. They said, ‘Show us the numbers.’ And they’re sharing in our pain a little bit, which was very helpful. They are great partners to have. I have a world of respect for their team that we’ve been doing business with.” Hearst Corporation is a global concern with immense reach: 24 daily newspapers and 60 weeklies; 25 magazine titles in the US and close to 300 overseas; two radio stations and more than 30 television stations; and a myriad of interests in numerous other ventures. Yet one asset stands above all. Says Steve Hearst, “I think everybody around my board table – even though they’re all talking about newspapers, magazines, broadcasts, and business publications, syndication, and so forth – they all understand that this property in San Simeon is the feeder route to the Hearst family history in California.”]]> 16190 0 0 0 https://landreport.com/2019/07/blackfeet-national-park-to-be-studied/ Wed, 24 Jul 2019 15:50:09 +0000 https://www.landreport.com/?p=16195 A feasibility study is being prepared for Montana’s Blackfeet Nation regarding the development of a national park on tribal lands bordering Glacier National Park. Although many specifics remain to be determined, the development of such a parkland could potentially generate revenues for the tribe while lessening traffic at Glacier, which suffers from “extremely high visitation,” according to Glacier National Park Superintendent Jeff Mow. In addition, such a landscape would facilitate the reintroduction of bison, a high priority for members of the Blackfeet Nation. Click here to read more. ]]> 16195 0 0 0 https://landreport.com/2019/07/land-report-july-2019-newsletter/ Mon, 15 Jul 2019 07:00:36 +0000 https://www.landreport.com/?p=16198 Congratulations are in order to our 2018 Deals of the Year honorees. These standout sales are the focus of our July newsletter. They include:

• 2018 Deal of the Year: Wasatch Peaks Ranch
• 2018 Conservation Deal of the Year: Cabin Bluff Sporting Plantation
• 2018 Farmland Deal of the Year: Weidert Farm
• 2018 Timberland Deal of the Year: Triple T Timberlands
• 2018 Ranchland Deal of the Year: El Maximo Ranch
• 2018 Auction of the Year: South Dakota Farm Auction

For up-to-the-minute reports, follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 16198 0 0 0 https://landreport.com/2019/07/industry-update-growing-a-new-brand/ Thu, 25 Jul 2019 07:00:32 +0000 https://www.landreport.com/?p=16204 A TIME TO SOW | Whitetail Properties CEO Dan Perez, shown planting a sapling, believes that the market is ripe for his company to add an auction component to its business model.[/caption]

Whitetail Properties partners with Williams & Williams to form RANCH AND FARM AUCTIONS.

Whitetail Properties knows land, particularly recreational land. After barely a decade in business, the Illinois-based real estate company already has surpassed more than $1 billion in total sales with a decided emphasis on hunting properties. Williams & Williams knows auctions. The Tulsa-based auction house boasts a century of experience. In the past decade alone, the company has sold more than $10 billion in real estate across the United States, Central America, and Europe. Now these two companies are teaming up to form Ranch and Farm Auctions. The joint venture officially began last summer, but is poised to take off by the end of this year, according to Whitetail CEO and founding partner Dan Perez. “With what we both bring to the table, we can change the scope of land real estate auctions as they exist today,” Perez says. “We have very strong expectations because combining the individual strengths of Whitetail Properties and Williams & Williams gives us a head start right out of the box.” Greg Lutz agrees. A managing director at Williams & Williams who serves as CEO of Ranch and Farm Auctions, Lutz points out that the auction house can now utilize Whitetail’s 220 agents and staff to make connections with property owners beyond the retail, industrial, and other commercial categories that traditionally have been Williams & Williams’ specialty. “The Whitetail agents are the boots on the ground when it comes to land real estate, while we have the auction expertise,” Lutz says. “So we thought the marriage of those two companies was perfect. You have two entities that are both experts in their field.” Perez says Whitetail has been interested in venturing into the auction business for several years, since the most common way that farm and ranch land changes hands is through auctions. He says the company was receiving an increasing number of inquiries from landowners who wanted to sell their land via auction instead of by utilizing the more traditional brokerage route. “We saw that need and wanted to get into that component of the business,” Perez says. “Williams & Williams is perfect because they have a huge compliance division and years of auction knowledge. They can go through these properties like popcorn, they sell them so fast.” [caption id="attachment_16202" align="aligncenter" width="588"] SOFT LAUNCH | Ranch and Farm Auctions has already completed a dozen sales since August 2018 without even marketing the brand.[/caption] Williams & Williams also was looking to expand its reach, and Lutz says land auctions were the logical next step, considering that there was no existing company offering that service on a national level. “There are a lot of people who do a pretty good job with auctions locally, but nobody is doing it nationwide,” Lutz says. “We saw an opportunity and a market for that. So we started looking at potential partners, and Whitetail quickly came to the forefront. They are the premier land real estate company in the United States. They do it better than anybody else.” Ranch and Farm Auctions closed its first sale in August 2018. Since then, it has completed approximately a dozen auctions across several states. This despite the fact that Ranch and Farm Auctions has only just recently begun to implement a full-fledged marketing campaign. “Things have already started out like gangbusters,” says Steve Stallard, a principal in Williams & Williams and a partner in Ranch and Farm Auctions. “Just through word of mouth we’re getting a substantial amount of interest. We’re very excited about the possibilities.” Company officials are eager to fully integrate Whitetail’s network of land agents with Williams & Williams’s extensive database of qualified buyers and are optimistic that Ranch and Farm Auctions will quickly become a major player in the market. “We’re getting a lot of traction right out of the gate without really trying too hard,” says Whitetail broker Joe Gizdic, who serves as president of Ranch and Farm Auctions. “Our goal is to have better national outreach than any local auction company. We’re going to be able to do it bigger, better, and faster than anybody else.”]]> 16204 0 0 0 https://landreport.com/2019/07/missouri-regulators-approve-sale-of-grain-belt-express-clean-line/ Fri, 26 Jul 2019 07:00:05 +0000 https://www.landreport.com/?p=16206 In June, the Missouri Public Service Commission approved the acquisition of a proposed transmission line that will harness wind energy generated in Kansas and deliver it to urban markets. This regulatory hurdle is the latest in a lengthy series of approvals required for the development of the $2.3 billion Grain Belt Express Clean Line. The proposed project is an approximately 780-mile overhead, direct current transmission line that will deliver wind energy from Western Kansas to utilities and customers in Missouri, Illinois, Indiana, and neighboring states. At full capacity, the Grain Belt Express is forecast to deliver 4,000 MW of power or enough to sustain 1.6 million homes annually. Click here to read more. ]]> 16206 0 0 0 https://landreport.com/2019/08/new-yorks-columbia-and-pea-islands-listed-for-13-million/ Fri, 02 Aug 2019 19:53:02 +0000 https://www.landreport.com/?p=16220 The term “coastal estate” does not do justice to a new listing in Long Island Sound. The two rock outcroppings are accessible via a 10-minute boat ride from the New York City suburb of New Rochelle. Alternatively, they are a quick 30-minute helicopter flight from Manhattan’s East 34th Street heliport. The smaller of the two – Columbia Island – encompasses approximately 1 acre at low tide and features a 5,600-square-foot, four-bedroom, two-bath residence that boasts a professional kitchen and rooftop deck. Thanks to solar panels, a desalinization machine, a septic system, and a sprinkler system, Columbia Island is completely self-sustaining and offers views of the Manhattan skyline and Long Island. Nearby Pea Island covers just under 5 acres and is devoid of substantial improvements. Patti Anderson of Julia B. Fee Sotheby’s International Realty has the listing. Click here to read more. ]]> 16220 0 0 0 https://landreport.com/2019/08/big-blue-expands-its-farming-footprint/ Sun, 04 Aug 2019 07:00:24 +0000 https://www.landreport.com/?p=16234 IBM announced that it is developing a digital farming platform that will provide farm operators actionable recommendations to enhance crop yields. The technology pioneer will develop the platform in conjunction with Yara International, a Norwegian chemical company that specializes in agricultural products. The two companies are targeting a late 2019 product launch for the joint venture. The Armonk, New York-based company has already brought to market a blockchain-based food-tracking technology known as IBM Food Trust that seeks to bring more transparency to supply chains while enhancing food safety. The client list of IBM Food Trust includes Kroger, Unilever, and Walmart. Click here to read more. ]]> 16234 0 0 0 https://landreport.com/2019/08/69126-acre-front-range-ranch-lists-for-16-5-million/ Sun, 04 Aug 2019 07:00:48 +0000 https://www.landreport.com/?p=16237 Red Top Ranch, one of Colorado’s best known cattle operations, has been listed with Ken Mirr of Mirr Ranch Group for approximately $238 per deeded acre. Currently owned by the Malone Family Land Preservation Foundation, the ranch was owned by the Johnston family for much of the 20th century. Bob Johnston Jr. (1919—2005) served as president of the Colorado Cattlemen’s Association and was on the executive committee of the American National Cattlemen’s Association. Red Top Ranch includes 69,126 deeded acres, 8,445 acres of leased state land, and 1,598 acres of leased BLM land. The ranch boasts ideal grazing terrain: mostly flat to gently rolling shortgrass prairie and sculpted canyons. Carrying capacity is approximately 1,200 cow-calf pairs. Annual precipitation runs about 12 inches, which is typical for this section of the Great Plains. Portions of the ranch are protected by conservation easements with Colorado Parks & Wildlife and The Nature Conservancy. Click here to read more. ]]> 16237 0 0 0 https://landreport.com/2019/08/sonoma-county-landowners-fined-more-than-500000/ Mon, 12 Aug 2019 00:00:11 +0000 https://www.landreport.com/?p=16248 The Press Democrat. In addition, the court found that the couple demonstrated a “persistent failure to tell the truth” as the case unfolded and “demonstrated an arrogance and complete disregard for the mandatory terms of the easement.” Read more HERE.]]> 16248 0 0 0 https://landreport.com/2019/08/blm-to-move-headquarters-to-colorado/ Wed, 14 Aug 2019 19:13:07 +0000 https://www.landreport.com/?p=16270 The Bureau of Land Management (BLM) announced plans to move its headquarters from Washington, DC, to Grand Junction, Colorado, so top officials can be closer to the land managed by the agency. The BLM oversees approximately 388,000 square miles of public land, almost all of which is located in 12 Western states. While the BLM has nearly 10,000 employees, most of them are already located somewhere other than DC; some 400 employees work in the nation’s capital. Proponents of the move say it makes geographical and fiscal sense for the BLM to be headquartered in the West, while detractors argue it will remove the agency from DC oversight and allow for increased influence from business interests.]]> 16270 0 0 0 https://landreport.com/2019/08/land-report-august-2019-newsletter/ Thu, 15 Aug 2019 07:00:55 +0000 https://www.landreport.com/?p=16314 A billion here, a billion there, pretty soon you're talking about serious money, right? I'm referring to the colossal implosion of the Mountain of Beverly Hills, the 157-acre, $1 billion listing in the 90210 zip code that sold at auction for $100,000 just days ago. You'll find a brief summary in our August newsletter. Other reads include:

• The Supreme Court hands down a landmark eminent domain ruling.
• Arizona, Nevada, and Mexico agree to draw less water from Lake Mead.
• A Texas Hill Country landowner prevails over Kinder Morgan.

For up-to-the-minute reports, follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 16314 0 0 0 https://landreport.com/2019/08/private-paradise/ Fri, 16 Aug 2019 07:00:16 +0000 https://www.landreport.com/?p=16275 HUDSPETH RIVER RANCH | This Explore Ranches property offers endless activities on more than 15,000 acres, including ample water sports on seven miles of the Devils River.[/caption]

Established by ranch owners for ranch owners, EXPLORE RANCHES offers exclusive access to private landholdings across Texas and beyond.

Guests had come to ogle steep bluffs and sheer canyon walls. The pitch-black West Texas skies stole their breath. And the rolling hills, speckled with motts of oak, juniper, and maple — not to mention the live water and deep swimming holes — made them long to return even before they started to make their way home. Back in 2016, the positive response to a wellness retreat that Allison Ryan hosted at her family’s Davis Mountains ranch sparked an idea. Ryan recognized the widespread potential of courting guests who would pay to visit pristine private properties to which they would otherwise have no access. Simultaneously, landowners such as her family could generate extra income. The following year, Ryan’s friend Jay Kleberg, a sixth-generation Texan with deep roots in the ranching industry, led a group of students on a foray to Chile that included visits to privately owned terrain in the Patagonia region. “What stood out to me was how the private land served as a gateway to this huge wilderness,” says Kleberg, who helps manage 20,000 acres of diverse wildlife habitat and ranchland as an associate director of the Texas Parks and Wildlife Foundation. “Having access and exposure to this amazing place, far away from other people, was a model I thought would work in Texas and the United States,” says Kleberg. After studying the market and scrutinizing the competitive set, Kleberg, Ryan, and Jesse Womack launched Explore Ranches in December 2018. Their mission: to open the gates to private lands across the American West. When asked if the company was the“Airbnb of ranches,” the partners don’t exactly bristle, but they are quick to point out several key differences. The nine Explore Ranches properties – seven in Texas, one in Colorado, and another in California thus far – offer far more than a place to hang your hat. “What you are paying for with Explore Ranches is an experience you are unable to get anywhere else,” says Ryan. “At a National Park or a five-star resort, you will be there with other people, in some cases a lot of other people. On these ranches, it is you and whoever else you bring.” Kleberg, who is a member of the King Ranch family of South Texas, has a deep understanding of the issues large landowners face: “We felt like this was a service we could provide to the landowner and to the recreational traveler. This is a way we can bring these ranches alive to travelers who are looking for new experiences.” Most of the ranches have a two-night minimum stay. The least expensive booking — the 4,649-acre Llano Springs Ranch near Junction, Texas — sleeps eight and runs $1,200 a night. The most luxurious option is the 10,000-acre Middle Creek Ranch near Steamboat Springs, Colorado. It sleeps 20 and costs $18,000 per night. Stays there include an on-site chef as well as activities ranging from horseback riding and sporting clays to mountain biking and guided ATV rides. Some of the ranch experiences also encompass an educational component. Ryan has brought in wildlife biologists to speak about the mountain lions on Withers, her family ranch, which is now an Explore Ranches property. “It has been interesting to watch how the people receive that information,” she says. “It is a totally different experience sitting by a creek at the bottom of a canyon learning about wildlife than it is listening to a talk in town.” For their part, landowners who join the Explore Ranches network are required to guarantee a minimum of 18 nights a year for guests. Both Ryan and Kleberg have been pleased at how readily ranch owners have taken to the concept. “A lot of landowners these days are thinking about all the different rights and resources they can tap into just to hold onto these properties. In some cases, these ranches have been in the same family for generations. Ultimately, having larger tracts of intact habitats benefits everyone, society and the wildlife included,” Kleberg says. To date, Explore Ranches has opened the gates to 353,069 acres of private land. According to Ryan, the company has fielded inquiries from landowners overseas, too. International trips could be in the works down the road. But for now, the cofounders feel heartened that the idea has caught on, particularly around their home state. “Ninety-five percent of Texas land is private. Of that remaining five percent, only half is accessible to the public,” says Ryan. “Unless you are a landowner or a friend of a landowner, the opportunity to get behind those locked gates is slim to none.” “We are grateful for the chance to really show Texas in its variety and its wilderness,” says Kleberg. “And we’re pushing for high quality in every detail because everything we do is reflective of the ranch partners we have.”]]> 16275 0 0 0 https://landreport.com/2019/08/food-for-thought-customer-connection/ Mon, 19 Aug 2019 18:57:10 +0000 https://www.landreport.com/?p=16279 Each year, the Big Four – JBS, Cargill, National Beef, and Tyson – process more than 80 percent of the cattle that go to market. One of the by-products of this concentration is that many cattlemen have little or even no contact with consumers. “The industry stops at the sale yard gates,” says Ben Higgins, director of agricultural operations at Hearst Ranches. “This makes it difficult for information regarding the end product to travel down the supply chain from the end consumer back to the producer.” Thanks to its innovative relationship with Whole Foods (read more here), the California beef producer is a notable exception. “We talk to Whole Foods personnel from the executive level all the way to the store level all the time, asking them what consumers are looking for in the meat case and understanding why they are or are not choosing to purchase Hearst Ranch Beef. That’s critical information that a lot of cattlemen and other agricultural producers don’t have access to,” Higgins says. “This information allows us to make good decisions, not about just our cut specifications but about everything: how we finish these animals on the ranch, how we select our genetics, what weights to ship the cattle. Responding to consumer demand is an absolutely critical part of what we do. It’s a major part of our value proposition. These are animals who spend their entire lives in our care on 156,000 acres of native rangeland. That’s a great story, but consumers also want to hear how these animals are raised. Consumers care very deeply that we provide them a very natural life. That’s a story we want to tell because we give our cows a lot of room to be cows. Our animal handling and welfare are certified by an outside organization,” Higgins says. The marketplace is getting vocal. Says Higgins, “Consumers are not only demanding more from their food, but they are asking more from their food producers, not just in the beef industry, but across industries, across sectors. They’re moving from a commodity business to a specialized business. It’s created a lot of opportunities for producers big and small and across multiple industries. So, this is a story, I would say, that’s relevant, not just for the large landowners, not just for the big operators, but for those of all sizes.” Hearst Ranch images by Richard Field Levine © Hearst Ranches, Inc.]]> 16279 0 0 0 https://landreport.com/2019/08/land-report-texas-1-billion-club/ Fri, 23 Aug 2019 16:07:30 +0000 https://www.landreport.com/?p=16291

1.  Mesa Vista Ranch | $250 Million Boone Pickens’ 100-square-mile ranch has been deemed “arguably the finest quail hunting spot in the known universe” and includes its own 6,000-foot, FAA-approved airstrip and a 25,000-square-foot hangar. Listed by Monte Lyons of Hall and Hall and Sam Middleton of Chas. Middleton and Son.
2.  Sandow Lakes Ranch | $250 Million Owned by Alcoa, this 33,777-acre property includes 14 lakes. Bernard Uechtritz of Briggs Freeman Sotheby’s International Real Estate has the listing.
3. Rancho Agua Grande | $100 Million One of the largest live water listings on the market, these 17,132 acres are situated 25 miles northwest of Uvalde and are currently run as a commercial hunting operation. Listed with Howard Hood of Hood Real Estate.
4. Veale Ranch | $95 Million The main gate to this 3,790-acre legacy ranch stands just 11 miles west of downtown Fort Worth. An ideal development opportunity in a robust market, it is listed with Bryan Pickens of Republic Ranches.
5. Rio Texico Ranch | $85.995 The largest ranch in Texas currently on the market, these 117,000-plus acres in Brewster County are as wild as when Major William Emory first set eyes on them in 1852. Additional acreage is also available from the same seller. Listed with King Land & Water.
6. Champion Ranch | $59.9 Million Located between Dallas and Houston, these 5,000 acres are home to 36 oil and gas wells. Bernard Uechtritz of Briggs Freeman Sotheby’s International Real Estate has the listing.
7. La Bandera Ranch | $54 Million This 18,043-acre trophy ranch offers the epitome of the South Texas hunting experience – quail, dove, and whitetails. It also offers resort-quality lodging at three lodges with a total of 46 bedrooms. Listed by Joey Bellington of Whitetail Properties.
8.  KB Carter Ranch | $51 Million These 14,650 acres in Leon County run 3,500 head with a capacity for 10,000 stockers. Bernard Uechtritz of Briggs Freeman Sotheby’s International Real Estate has the listing.
9. Montgomery County Timber | $50.1 Million Located north of Houston halfway between Interstates 45 and 69, this forested tract of 6,267 acres features substantial frontage as well as multiple points of access. Listed with Andy Flack of HomeLand Properties.
10. Northrup Pipe Creek Ranch | $49.95 Million These 5,000 acres sit six miles west of Boerne. Bernard Uechtritz of Briggs Freeman Sotheby’s International Real Estate has the listing.

]]> 16291 0 0 0 The Top Ten listings in the Lone Star State boast an average price north of $100 million.]]> https://landreport.com/2019/08/food-for-thought-hemp/ Wed, 28 Aug 2019 21:52:25 +0000 https://www.landreport.com/?p=16304 AT PRESS TIME, only nine states – Connecticut, Georgia, Idaho, Iowa, Louisiana, Mississippi, Ohio, South Dakota, and Texas – ban the cultivation of hemp, a resilient row crop that thrives in unamended soil and requires minimal trellising. Thanks to the 2018 Farm Bill, federal restrictions on the possession, sale, and transport of products made from hemp have been eliminated. This is credited with spurring interest in this potentially lucrative market segment. The hearty, high-yield crop resists mold, mildew, mites, and disease. The long-fibered plant can be used in everything from paper and oils to clothing and cosmetics. “The laws are always changing and are open to interpretation, but the 2018 Farm Bill went a long way to clarifying gray areas in the 2014 Farm Bill,” says Sheri Wytcherley, an Oregon-based broker with Fay Ranches whose specialties include hemp properties. Hemp growers typically face fewer regulations than operators who cultivate marijuana. According to Wytcherley, irrigated land in Oregon costs roughly $10,000 per acre regardless of the crop. Hemp typically requires a more modest financial investment, but the harvested plant sells for much less, too. According to Wytcherley, the going rate for marijuana has dropped from a peak of $2,000 per pound of trimmed flower to $500 to $700 a pound. The same amount of industrial hemp fetches around $100. “With hemp, I don’t see people who have expectations of becoming millionaires like there was a few years ago in the marijuana industry,” says Wytcherley, who has brokered tracts for both crops to out-of-state investors. Whereas many states limit the acreage allowed on a license for growing marijuana, hemp typically has no such restrictions. “A lot of people who are licensed to grow marijuana are now moving to hemp licenses,” she says. In addition, Oregon has placed a moratorium on its marijuana-licensing program. “Compared to marijuana, hemp is also cleaner to grow, using fewer plastics and less water,” she says.]]> 16304 0 0 0 https://landreport.com/2019/08/food-for-thought-solar/ Fri, 30 Aug 2019 17:03:05 +0000 https://www.landreport.com/?p=16347 What are the best ways to enhance returns on productive farmland? Perry Vieth sees several possibilities. One with a bright future is solar energy. “That’s the biggest opportunity we’re seeing right now,” says Vieth, the president of food-and-ag investment firm Ceres Partners. His company owns approximately 120,000 acres in 10 states. “More than 20 percent of our acreage is under option agreements for solar development. Solar is the type of thing that can easily be done on a single piece of property, as opposed to big wind farms. And if an option agreement goes forward with development, we can get two to three times what we would normally earn from farm rents,” he says. Vieth grew up working the land in Wisconsin. Now he seeks ways to have the land work for him. In 2006, after a career as a securities lawyer and fixed-income trader, he began acquiring land for his own investment portfolio. In 2008, he cofounded Ceres. “Farmland is an attractive investment. It provides income, which makes it a less volatile asset. You also get long-term appreciation. And inflation protection. And from a portfolio standpoint, it’s uncorrelated with many other assets. So, when stocks are down, farmland actually has a tendency to go up,” he says. Potential potholes still exist. The current trade war with China and the increase in tariffs on US exports has had a negative impact on many farms’ P&Ls. “The export market is very important to us, and anything that interferes with that can cause short-term pricing anomalies. But we think a trade agreement will be reached, and that will lead to more exports. Then there will be more demand than what the market is currently experiencing. So, we actually see this as an opportunity to be buying now at lower prices,” he says. According to Vieth, a second way to enhance returns is by replacing traditional fertilizers and pesticides with natural biologicals for crop protection. Vieth recently traveled to Europe and noticed ways this practice is embraced there. “There have been some case studies that show a 10- to 20-percent increase in yields (with biologicals),” he says. “Whenever you can increase your yield on the same amount of land without much additional economic cost, that’s a positive for the landowner and the farmer.” Vieth is also intrigued by the European tradition of family-owned assets being transferred through land ownership. It’s a trend he believes will become more common in the US. “We think farmland is a very good store of wealth. It’s a multi-generational way to pass on a family’s wealth. More and more families are recognizing that and seeing land as a very good investment opportunity,” he says.]]> 16347 0 0 0 https://landreport.com/2019/09/travelin-man/ Sun, 08 Sep 2019 07:00:45 +0000 https://www.landreport.com/?p=16363 Lookin' for a Soft Spot[/caption]

Don’t tell T.D. Kelsey what he can or can’t do. Somehow, some way, he does it all, he does it well, and he does it his way.

Photography by Wyman Meinzer Near the end of his life, George Phippen (1915–1966) recognized a great mistake. One of the founders of the Cowboy Artists of America, the renowned sculptor spent the latter part of his life sculpting and ranching in Skull Valley, Arizona. By the time he realized he should have focused solely on his art, it was too late. “Don’t you make the same mistake,” Phippen’s widow told a 23-year-old aspiring sculptor named T.D. Kelsey. The year was 1969, and T.D. was about to have his first sculpture cast. He politely listened and promptly ignored Louise Phippen’s advice. The sculptor has been ranching ever since. [caption id="attachment_16373" align="alignright" width="325"] Travelin' Man T.D. Kelsey[/caption] It’s a revealing anecdote, one that illustrates much about this fascinating character. No one ever taught T.D. how to sculpt. The plain-spoken cowboy just picked up some clay and started sculpting. Piloting a plane? His professional career can be traced to a morning’s lessons in a Piper J-5. (P.S. This lack of formal training did not prevent United Airlines from hiring him to fly DC-6s and 727s. More about this episode later.) In that rarest of genres — the self-made man — the diminutive cowboy stands head and shoulders above all comers. “I’ve never met anyone like him,” says Herbert Allen of Allen & Company. “Everything T.D. touches he does at a world-class level. He’s an accomplished artist, a self-taught pilot, and a world-class hunter.” This self-reliance is on full display the morning The Land Report arrives at his West Texas ranch. A norther had pummeled the Rolling Plains, and power was out at the T Lazy S Ranch. For that matter, so was cell phone service. Not to worry. An oversized enamel coffee pot, the big blue kind found in most chuck wagons, sat burping in the fireplace. “I drink 10 or 12 cups a day,” T.D. says. “We weren’t about to do without coffee.” Short, with a trim, athletic build perfect for the saddle or the cockpit of an old crop duster, he points to the mounted big game heads that cover the walls. “I’ve never been a trophy hunter. I shot most of these for camp meat,” he says. His soft, quick speech isn’t quite Texan. It comes across more like that of a Wyoming cowboy. I was close. Terry Duen Kelsey was born in 1946 in the town of Shelley in Southeastern Idaho. His father, Duen Kelsey, piloted a P-51 Mustang during World War II. After V-E Day, he continued to fly as a crop duster and established an airfield in Blackfoot, which became his base. T.D.’s mother, Jean, stayed home and raised him, his sister, Susan, and their three brothers. In 1950, the Kelseys left Idaho for Montana. At first, they rented a place on the edge of Bozeman. Soon afterward, they moved 20 miles north to a small ranch next to a national forest. A 55-gallon drum fashioned into a wood stove heated the dirt-floored log cabin. The kids slept in one room; the parents in the other. Running water came from a creek, and when nature called, the outhouse was a short, often chilly walk. In an unpublished memoir, T.D.’s younger brother Mike described those early days: “[T.D.] was Dad’s shadow. They fished, hunted, and broke horses together. Terry rode saddle bronc in rodeos, wrestled, and loved to draw when he was young.” [caption id="attachment_16364" align="aligncenter" width="588"] IN THE BUSH | A four-day trip to Ziwabwe in 1985 turned into a full-blown love affair with Africa. T.D. is shown here trekking through a swamp in Gabon.[/caption] In 1962, Duen Kelsey was helping a neighbor when an augur shorted and electrocuted him. He did not survive. Shortly afterward, one of T.D.’s uncles called. He owned a crop-dusting business and asked the teenager if he “planned to be a fly boy” like his dad. “He found an old Piper J-5 in Soda Springs, Idaho, and I traded three rifles for it,” T.D. recalls. “We went there, pumped up the tires, drained the oil out, warmed it up, and put it back in so we could get it started. He flew me around Soda Springs a few times, and we did three or four landings. Then he said, ‘You’re good. I’ll see you in Blackfoot.’ I flew back following the highway and was shaking the entire time. It took me five passes before I finally got it on the ground. A couple days later, I flew to Montana. There weren’t a lot of people to show me how to do other things. Everybody was busy working.” Between buzzing crops and breaking horses, the teenager sketched and studied. “I drew a lot — sketching first. I didn’t sculpt until I was 18, and then only a couple stone carvings,” T.D. says. His early inspirations? “Russell and Remington, of course, but Russell seemed unapproachable, so far up there. I really studied Will James. He was more down to earth, and his books were easy to find. My mother would tell me to quit walking around bow-legged, trying to be Will James,” he says with a laugh. A cutting horse trader named Ned Johnson moved to Bozeman in 1962. His daughter, a tenth-grader like T.D., caught the young pilot’s eye. “I fell madly in love with Sidni the minute I saw her, but she wouldn’t have a thing to do with me because I was pretty rowdy in high school,” he says. After helping her with her chemistry for what must have seemed like ages, he finally talked her into going out on a date. They registered their T Lazy S brand before graduating from Bozeman Senior High and got married that very fall. Crop dusting and shoeing horses didn’t exactly put the young couple in high cotton, especially since T.D. was also enrolled at Montana State College. [caption id="attachment_16366" align="aligncenter" width="588"] AIRBORNE | T.D. is equally at home on the back of a saddle bronc or in the cockpit of one of this three planes.[/caption] In 1967, Sidni’s sister, a flight attendant, learned that a recruiter from United Airlines was coming to Bozeman. It was the height of the Vietnam War, and the manpower requirements of the different branches of the armed forces had caused a serious shortage of commercial pilots. T.D. had considered pursuing a career as a military pilot but hadn’t finished college. “I didn’t think I could be a pilot because I didn’t have a degree. Fortunately, the airlines were desperate,” he says. After impressing the recruiter, T.D. drove down to Blackfoot to take a test at the airfield his father had established. Afterward, United sent him to Seattle to take a Stanine test. Says T.D., “It sounded like a physical fitness test, so I worked like hell to get into shape. But it turned out to be a test of spatial ability. I must’ve passed because they said, ‘Come on.’” But he couldn’t, not just yet. He wasn’t 21. Finally, many moons after his uncle first taught him to fly, T.D. enrolled in flight school. He checked out in a DC-6. His first route was San Francisco to Sacramento, Ely, Elko, Salt Lake City, and Reno. “We didn’t night over anywhere,” he says. “Those were long days.” His workday didn’t get any shorter when he moved up to 727s in 1969. He wanted to quit flying and become a full-time rancher and artist, but United convinced him to take a leave of absence. He and Sidni were on track to buy a ranch in North Dakota, but title issues nixed the deal. They ended up buying a ranch in Kiowa outside of Denver. He ranched during the day and flew 727s out of Denver’s Stapleton Airport at night. [caption id="attachment_16367" align="alignright" width="325"] WHERE EUROPE MEETS ASIA | T.D. journeyed to the Caucasus Mountains to study the tur, a high-altitude goat-antelope.[/caption] One day, T.D. invited a United pilot named Ted Gobel to stop by his Kiowa ranch. Gobel happened to be a nephew of the legendary artist George Phippen, and during his visit, he remarked that his Aunt Louise would soon be visiting Denver and would love to see his work. Louise Phippen not only came to the ranch, but she insisted that T.D. sculpt a piece for her son to cast at his foundry. “You do something,” she commanded. For once, T.D. did as he was told. “I ended up doing a sculpture of a guy snubbing a horse and took it down to Prescott, Arizona. Ernie Phippen cast it in red bronze. We did it the old way. We put the wax in it, put the pins in it, poured a core, built an oven around it, burned the wax away, tore the oven down, shored up the shell, built up the oven again, and then poured the bronze in,” he says. Ernie Phippen also cast T.D.’s next two pieces — a cowboy throwing a loop known as the Johnny Blocker, and a bucking horse. “Horses, of course. Always horses in those days,” T.D. says. That first piece, called Rough String Makings, ended up going to the East Coast. A Western Horseman profile on T.D. caught the attention of a Brooklyn-based collector, and it immediately sold. Throughout the 1970s, Sidni encouraged T.D. to draw, paint, and sculpt, as he continued to ranch and fly for United. In 1971, he and his partner and ranching mentor, Minford Beard, under a contract with Uncle Sam, began chasing and catching wild horses in the rough country along the Colorado-Utah border and selling them to eager buyers. Every winter for 25 years, the two men caught yearlings to control herd population and rotated studs to minimize inbreeding. “I was obsessed with wild horses,” T.D. says. “So much so that I probably wasn’t very pleasant to be around.” Despite a full-time job as a pilot and obsessions with ranching and wild horses, he continued to develop as an artist and produce works for a growing number of collectors. At Sidni’s urging, T.D. quit flying in 1979. “United Airlines was so good to me, but I grew bored. The day came when I realized that I got a lot more excited walking into my studio than sitting down in the cockpit of a 727,” he said. It took a few years for the momentum to build, but in 1985, T.D.’s career as an artist took off. The catalyst was a donation that Sidni and he made to the City of Fort Worth. Cast in 900 sections, Texas Gold is a monumental sculpture of longhorn cattle that has welcomed millions of visitors to the Fort Worth Stockyards in the decades since. That very same year, T.D.’s brutal workload caught up with him; he suffered a severe heart attack that almost took his life. Angioplasty saved him. Sidni insisted that he work less and have more fun. As soon as he returned to fighting form, T.D. loaded up a backpack and trekked into the woods where he rediscovered his love of hunting. “When I was a young man, I started noticing trash left by hunters in the backcountry. It disgusted me so that I turned away from hunting for the better part of two decades. Those backpacking trips revived my interest in hunting, hiking, and wildlife. I’ve made several trips above 15,000 feet with no problems.” T.D.’s new lease on life also led to an increased interest in wildlife sculpture. Monumental works like Swamp Donkey, which was purchased by Tom and Meredith Brokaw, and Testing the Air, which was acquired by The National Museum of Wildlife Art, joined bronzes of mustangs, cowboys, and longhorns. [caption id="attachment_16374" align="aligncenter" width="588"] THE BIG TIME | Sidni and T.D. Kelsey flank John Brittingham at the 1985 dedication of Gold Texas at the Fort Worth Stockyards.[/caption] With Sidni’s encouragement, trips to Africa soon followed. “I’ve always read every book on Africa I could get my hands on. Sidni insisted I borrow the money and go,” he says. What started as a four-day trip to Zimbabwe turned into a 30-year love affair with Africa. “My guide and I became great friends. He got me to a phone, and I called Sidni and said, ‘Get over here!’ She flew over, and on the way to get her, our Range Rover broke down. We were five hours late picking her up at the tiny bush airport. I was worried to death, but there she was, sitting beneath a tree, waiting for us. She fell in love with Africa. We made every trip together from then on.” T.D. studied African elephants in their native habitat for 27 years before sculpting His Team, which features an old bull elephant alongside two younger, subordinate males. His many trips to the Congo, Ethiopia, Mozambique, South Africa, Uganda, Zambia, and Zimbabwe inspired dozens of works featuring Cape buffaloes, kudus, lions, sables, warthogs, and other African game. In 1989, Tulsa’s Gilcrease Museum honored T.D. as its Rendezvous Sculptor of the Year. A one-man exhibition followed. He was now a true force in contemporary Western sculpture. In the 1990s, T.D. met Herbert Allen Jr. at the Will Rogers Arena in Fort Worth. The president of Allen & Company and the Western artist became fast friends as well as globetrotting cycling partners. Allen himself and Allen & Company have since become the largest collectors of T.D.’s sculptures. “I’m no artist, but I know what I like. I immediately found T.D.’s work appealing,” Allen says. Throughout the late 1980s and early 1990s, T.D.’s work grew more impressionistic. “Looser” is the term he uses. The initial change began one day when he walked into his Colorado studio and began to work obsessively. Sidni came in to bring him food and coffee. “When I came out of there, I had a finished sculpture,” he says. “A pickup rider, and another guy, both on emaciated horses. Very loose, unlike anything I had done before. Sidni asked, ‘Do you know what day this is?’ I hadn’t thought about it, but it was the anniversary of my father’s death. And I was the same age as he was when he died.” Some of his collectors were dismayed by the stylistic change, but T.D. stuck to his guns. The piece went unsold for more than a year. It eventually sold, and then the entire edition got snapped up in a couple of months. “I’ve been trying to be more impressionistic ever since. When I safety up because of a tight deadline, my work gets tighter, more detailed, and I don’t get those butterflies in my stomach like I do when I walk into the studio to start a looser work,” he says. [caption id="attachment_16368" align="aligncenter" width="588"] MAASAI | Thanks to his friends and guides, the outdoorsman was able to observe firsthand African game that he would one day sculpt.[/caption] In 1994, the Kelseys traded their Colorado ranch for 8,000 acres in the pine ridge country just outside Billings, Montana. Much to T.D.’s horror, his wife soon developed cancer. In 2000, his high school sweetheart succumbed to the disease. Always T.D.’s biggest supporter, Sidni kept the original of every one of his sculptures. Given her love of Cody and the Kelseys’ strong relationship with Byron Price, T.D. selected the Buffalo Bill Center of the West to house the 166-piece Sidni Kelsey Collection. “This comprises one of the strongest collections, if not the strongest, outside of T.D.’s own collection,” says Karen McWhorter at the Center’s Whitney Western Art Museum. “I love that T.D. adds artfulness as well as authenticity to his subjects. I really appreciate the surface area of his sculptures. You can really see his hands. Everyone wants to touch the surface of his monumental works even though we’d rather they didn’t. They’re that magnetic,” McWhorter says. Several aspects of T.D.’s style stand out to Price, who has since moved on from the Buffalo Bill Center and is now the director of the University of Oklahoma’s Charles M. Russell Center for the Study of Art in the American West: “T.D. has such an authentic approach and feel and sentiment for the West that’s imbued in his work. My favorite characteristic is his ability to infuse motion into his sculptures — a skill that took Fredrick Remington a long time to develop. T.D. can make that metal move in ways that others don’t. He has a little bit of Charlie Russell in him in that his relationship to the animals is sympathetic. He has that ability to evoke character in animals as well as people.” Ultimately, remaining in Montana was not an option for the heartbroken cowboy. “It was such a gorgeous ranch, and we had such plans for it, but it was just too sad without Sidni.” A few years after her death, he sold the property and set his sights on a new beginning. He turned to a fellow Colorado rancher – John Welch – for advice. Welch enjoyed one other distinction. [caption id="attachment_16372" align="aligncenter" width="588"] Protective Mama Warthog[/caption] As the Spade Ranches CEO, Welch was well acquainted with the differences between landowner rights in Texas and those out West. This was a top priority for T.D., who all too often encountered trespassing hunters who considered his private property their public land. Welch recommended he take a closer look at Texas’s Rolling Plains and introduced him to Sam Middleton. The third generation CEO of his family’s brokerage, Middleton ranks as one of the state’s most trusted brokers, which is why he’s also one of its most successful. After listening to T.D. describe some of the brazen trespassing that he had endured, Middleton told him, “Us folks here in Texas don’t think like that.” At the time, a rough portion of the Four Sixes country was on the market. T.D. made an offer and made it his own. Says Kelsey, “I’ve just always felt that I need to be a rancher because I’m a cowboy artist. Every time you go out, there’s a million ideas waiting for you. I don’t have the means to ranch on the scale of the Four Sixes or the Pitchfork, but I think it’s really important that artists don’t lose that iconic image of the cowboy that’s unique to the United States.” T.D. runs calves on the T Lazy S when conditions allow. He also keeps a few exotics for study purposes. Thanks to his steady output, he continues to attract new admirers. Many of his most ardent collectors are ranchers. Art Nicholas is a global investor who ranked No. 75 on the 2018 Land Report 100. He placed T.D.’s sculptures at his Wagonhound Ranch in Wyoming as well as at the corporate headquarters of Nicholas Investment Partners in San Diego. [caption id="attachment_16371" align="alignleft" width="363"] T.D. traded in his pilot's stick for sculptor's clay.[/caption] “T.D.’s work is spontaneous and authentic because he really knows his subject matter. As a collector, I really like the fact that he does low edition numbers,” Nicholas says. During our visit, T.D. shows us around a small studio packed with skins, skulls, spears, bows, and poison-tipped arrows, along with photos from Africa, Australia, Mongolia, and other wild places. In a larger studio, a towering rendition of Icarus awaits the maestro’s final touch. Near the sculpture stands a Piper Pawnee, a sprayer from T.D.’s crop dusting days. There’s also a Robinson R44. That would be a helicopter. “You fly helicopters?” I ask. “I do. Bought an R22 from a guy in the Panhandle three years ago. A year later, I was in the Yukon and heard about an R44 an a farm sale. Sent a bid down and got it. I was lucky. It was airworthy. ” Another metal-sided building hangars a Yakovlev Yak-9 and a Super Pitts S1T. The Russian Yak was the workhorse of the Soviet air force. During World War II, it turned the tide against the Luftwaffe. The Super Pitts is a beast, one of the most successful competition aircraft in history. With another 10,000 acres to explore on T.D.’s ranch, there’s no telling what other inspirations he’s got tucked away in its nooks and crannies. History, in all its fickleness, will be the final judge of T.D. Kelsey’s oeuvre. In the meantime, there’s no denying that the quiet cowboy proved Louise Phippen wrong. Given immense talent, a loving partner, limitless curiosity, and way too much coffee, it is actually possible to be a sculptor and a rancher.]]> 16363 0 0 0 https://landreport.com/2019/09/food-for-thought-mother-nature/ Sun, 15 Sep 2019 00:26:36 +0000 https://www.landreport.com/?p=16383 By Corinne Garcia WHY DO SO MANY absentee ranch owners – those fulfilling a dream of owning a ranch for business and recreational purposes – cash out after a brief hold of just five to seven years? “Because their ranch has become an alligator,” says broker and cattleman Chris Jeffrey. “Every time they turn around, their ranch manager says they need to buy this or write a check for that. Sooner or later, they get tired of burning through cash with little or no financial return.” Chris and Melinda Jeffrey believe they have built a better mousetrap. Its roots lie in the Montana land brokerage and cattle operation they have grown over the last 25 years. Ease of operation and maximum profitability are its hallmarks. Their goal is to enable a new ranch owner to create a valuable cattle business, which in turn stokes the land values of their ranch. Thistledew Montana Grasslands markets working ranches with a strong recreational component that can become multi-generational legacy properties. The secret sauce is the long-term management and consulting plan the Jeffreys share, one that positions new ranch owners for success and longevity. “One of the reasons we started our company is so people who don’t have a lot of cattle experience can enter the industry, experience a high level of success, and have someone behind them to help them along the way,” Chris says. “We’re not just a land company or cattle company. We have created synergy between the two where one helps the other not only in cash returns but also in increased land value.” Their Montana Grasslands Heifer Project focuses on creating healthy grasslands as well as a grazing management plan to promote them. Once the plan is implemented, a Thistledew cattle operation is about as simple and self-managed as it gets. “The more you run with Mother Nature, the more you profit in the cattle business,” he says. “We help our clients simplify, focus, and develop a niche market that has low overhead. This allows a ranch owner to minimize what rusts, rots, or depreciates. That farm equipment is what eats you alive.” ]]> 16383 0 0 0 https://landreport.com/2019/09/clint-eastwood-master-class/ Sun, 15 Sep 2019 07:00:56 +0000 https://www.landreport.com/?p=16389 Clint Eastwood is mesmerized. He puts lunch on hold and stares intently at the flat screen TV at the Saloon in the Clubhouse at Tehama. A few miles down the road, the third round of the US Open Golf Championship is underway at Pebble Beach, which Eastwood owns with a group of partners. But instead of fighting the crowds at this most famous of golf courses, Pebble’s co-owner opts to watch the Open at Tehama, his 2,000-acre sanctuary high above the Carmel Valley and the Monterey Peninsula.

“Why would I want to be at Pebble Beach, fighting with 250,000 people to watch this guy putt when I can be here at my own club with my friends watching the whole tournament on a big screen TV?” he asks.

“This guy” happens to be Gary Woodland, a burly Kansas Jayhawk who is not only atop the leaderboard but is playing on cruise control.

“Look at him. Look at the way he walks the course. He’s playing golf out there. Meanwhile, everyone else is playing the Open,” Eastwood says.

Woodland has opened a four-shot lead over Brooks Koepka. A tightly bunched group of challengers sits one and two shots further back. To a man, they line up their putts with laser-like precision, calculating speed, distance, azimuth, and atmospheric pressure. Woodland? He eyes the green, addresses the ball, and drains his putt.

[caption id="attachment_16480" align="alignright" width="325"] DON’T LET THE OLD MAN IN | In addition to
regularly playing golf at Tehama, Eastwood still skis at Sun Valley, and just wrapped production on Richard Jewell, which releases on December 13.[/caption]

“If he stays this loose and keeps playing like that, he’ll win the tournament,” Eastwood says. (The following day, the 35-year-old proves Eastwood’s point, shooting 2-under in the final round to finish three strokes ahead of Koepka at 13-under.)

Staying loose definitely qualifies as Eastwood’s mantra. The guy’s legendary on-screen cool is no act. During lunch, he and his fellow members at Tehama hail one another casually and catch up about their golf games and their families while they watch the Open.

This chill vibe is, without question, a top-down phenomenon. It emanates from Eastwood, and it imbues Tehama and its members and the staff with a casual confidence and an absence of attitude that makes this invitation-only golf club the ultimate anti-club.

Tehama’s managing director, Tom Zoller, strolls over and advises Eastwood on a pressing matter: which gas station to go to in order to get his car’s smog certificate updated. In mid-sentence, he comes to a screeching halt.

“Is that you, Clint?” Zoller asks.

Everyone at the Saloon looks at the TV. An archival photograph of Samuel Finley Brown Morse fills the screen. A member of Skull & Bones and the captain of Yale’s 1906 national champion football team, Morse founded Pebble Beach Golf Links in 1919. We all know that because Eastwood is narrating the clip. Millions of Americans from coast to coast just learned that fact courtesy of our host at the Saloon.

“It sure is,” Eastwood says. “I had forgotten about that.”

Come to find out that this one-of-a-kind moment is par for the course at Tehama. And we haven’t even left the clubhouse

One of the perks of founding your own club is that when you want the governor taken off the accelerator on your golf cart, it goes bye-bye. Let’s call that Eastwood Golf Cart Trivia for $100. Can you handle Eastwood Golf Cart Trivia for $1000?

Name the country superstar and the single he wrote (and recorded) based on a conversation he and Eastwood shared at Tehama in the aforementioned high-performance Super Cart.

Turns out that Toby Keith wasn’t even looking to write a song when Eastwood uttered the immortal line that inspired “Don’t Let the Old Man In.”

“It was last year during The Clint, a golf tournament we put on here at Tehama,” Eastwood says. “We play it at the end of May, which is when my birthday happens to be, but it’s not about my birthday. Toby and I were playing together, and when he found out that my birthday was that Monday, he asked me how I planned to celebrate it. I told him I was going to start principal production on a movie, which happened to be The Mule.”

“The moment I said that, Toby looked at me, and then he asked me, ‘What keeps you going at 88?’ So I told him, “I get up every morning, and I don’t let the old man in.’ The moment I said that, Toby said, ‘That’s a great title for a song,’” Eastwood says.

[caption id="attachment_16481" align="alignleft" width="325"] Eastwood started caddying at 13, but never imagined he would play golf, let alone create his own golf club.[/caption]

The beauty of this anecdote is that Eastwood wasn’t commissioning a song. He was playing a round of golf at Tehama. For that matter, Eastwood hadn’t even filmed The Mule. Although music is an integral component of his body of work — let’s start with Million Dollar Baby as a for instance — he was just answering a question. Yet in doing so, he shared a priceless life lesson with a gifted songwriter.
Naturally, Eastwood also shared the movie’s premise, the story of a resilient veteran named Earl Stone who becomes a drug courier for a cartel after going through bankruptcy. With these few details, the multi-platinum artist created a spartan ballad that Rolling Stone described as “suitably world-weary and weather-beaten.”

But wait — there’s more.

After he penned the lyrics, Keith cut a bare-bones demo of “Don’t Let the Old Man In” and sent it to Eastwood for him to review.

“I loved it,” Eastwood says. “I called Toby and told him that I wanted to use it in the movie, and he said, ‘That’s great. Wait till you hear how it sounds after I take it into the studio and have it fully orchestrated.’ And I said, ‘It’s perfect just as it is.’ And we ran with it.”

And the Tehama twist? When Eastwood invited Keith to play in The Clint this May, the Oklahoman wowed members and guests with a private performance of “Don’t Let the Old Man In.”

This creative episode gives you an idea of how razor-sharp the 89-year-old is. Physically, he is living the dream. No hearing aids. No glasses. No walker. I witness this firsthand when he obliges my request to visit his goslings. Eastwood has a soft spot for all of God’s creatures at Tehama, especially two goslings whose parents nest alongside a water feature on the 11th hole.

As we pull up, the youngsters go on full alert.

“They know my cart,” he says. (Of course they know the Super Cart.)

Speaking softly, Eastwood walks forward and drops to the ground. Mind you, most octogenarians who drop to the ground do so involuntarily. Not Father Goose. The guy can still Marine crawl up Heartbreak Ridge.

In a soft, soothing voice, Eastwood greets the young geese. He tells them how excited he is to see them and to see them growing up so beautifully. Mother Goose pays Eastwood no mind. Her two beady black eyes dart back and forth from me to Gus Schmiege, who is capturing the moment with as many picture-perfect stills as humanly possible, and Rick Ojeda, the Compass broker who has the listing on the 30 remaining homesites available at Tehama.

When I step out of the Super Cart and scoot closer, Mother Goose warns me to back off with a menacing hiss. Eastwood plays the peacemaker.

[caption id="attachment_16483" align="aligncenter" width="588"] FATHER GOOSE | Eastwood is drawn to the abundant wildlife at Tehama, including these two goslings.[/caption]

“Don’t worry. He’s not as bad as he comes across,” he says. She does not seem convinced.

Turkeys are another favorite. We pass a flock feeding by the golf course near some blacktail deer. “They’re breeding right now,” Eastwood says. “You see a lot of big flocks. The females are nesting. The males are strutting, looking good. That’s all they have to do. Stand around and look good.”

The same energy and creativity that led to the creation of Academy Award-winning Malpaso Productions such as The Unforgiven and Million Dollar Baby is on full display at Tehama. Only this time, instead of partnering with Warner Bros. or Kennedy/Marshall, Eastwood has teamed up with Mother Nature.

The other element to his success is a longtime collaboration with architect Alan Williams. The two first met when Eastwood was elected Mayor of Carmel-by-the-Sea in 1986. Initially, Williams advised His Honor on matters related to the municipal water system.

Then came the 1986 acquisition of the historic Mission Ranch. Williams roars with laughter as he recalls how run-down the century-old farm had become. The prior ownership group hadn’t invested a dime. They fully expected it to be razed and replaced with condominiums.

“Duct tape and baling wire — that’s what held the place together,” Williams tells me during a lunch we share with Eastwood in May.

“It was a repair job,” Eastwood says. “Most people wouldn’t have done it the way we fixed it up. They would have said they couldn’t do it and had it torn down. But everybody felt the same way about keeping things looking the way they had always been.”

Williams and his Carmel Development Company proved their mettle with the successful renovation of the dilapidated landholding. Since then, he and Eastwood have worked together on countless ventures in Carmel-by-the-Sea and on the land.

In the process, the two have facilitated the preservation of thousands of acres of Monterey County in perpetuity. In many instances, they purposely extinguished or diminished coveted development rights on tracts of land large and small.

Eastwood’s 1995 acquisition of the 134-acre Odello Farm is a paramount example. Situated near the mouth of the Carmel River alongside Highway 1, the Odellos' historic farm benefitted from a strategic location, valuable development rights, and considerable water rights. More than 80 homes were permitted for construction on the bucolic artichoke farm.

Eastwood subsequently gifted Odello Farm, its development rights, and water rights to the Big Sur Land Trust and to Monterey County. He also made water available to the community. Odello Farm ultimately proved to be the missing piece of the puzzle in a countywide trail system that now connects Carmel Valley to Big Sur.

And, of course, there was the 1999 acquisition of Pebble Beach from its Japanese owners by a partnership that included Eastwood, golf legend Arnold Palmer, former Major League Baseball commissioner Peter Ueberroth, and former United Airlines chief executive Richard Ferris, among others. Long story short, Eastwood and Williams have covered a lot of ground together. And they’ve enhanced that ground. And in many instances, they’ve preserved it.

In scope and complexity, Tehama stands out as their masterwork. “It just depends on what you’re in it for,” Eastwood says. “We were in it because we both knew we were going to live here.”

To his point, both Eastwood and Williams built homes at Tehama. It’s where they live full-time. The prep work was anything but hurried. The two spent years scouting its ridges, its valleys, and its rolling hills: Eastwood, on foot, and Williams, behind the wheel of an old red GMC Jimmy.

Williams uses an interesting phrase to describe this multi-decade process: “We eased our way into it.” Time-tested ranch roads were respected and enhanced. Wildlife corridors and other natural features were left as-is.

“We didn’t want to step on any toes,” Williams says.

Together, they endeavored to celebrate Tehama by minimizing man's footprint. The property was permitted for full-scale development, including hundreds of homes. Thanks to Eastwood’s day job, however, he was able to forsake this more lucrative payday.

Ultimately, more than 85 percent of Tehama’s 2,040 acres were set aside as natural open space.

The infrastructure, amenities, and 90 homesites account for roughly 300 acres. Two-thirds of the homesites have sold; some 30 remain. Rick Ojeda, the Estates Director for Compass Real Estate in Los Angeles, has the listing on the estates, which start at $1.5 million and range in size from 5 acres to more than 24 acres.

A final collaborator merits mention: Jay Morrish (1936–2015). Eastwood and Williams tip their hats to Tehama's gifted golf course architect. “Jay got it,” Eastwood says. “As soon as he told me,

‘The big thing is not to screw this place up,’ I knew we had our man.”

"Jay loved working with Clint," adds Williams. "And because so much of the course literally followed the terrain, he only charged half his normal fee."
Whether it's the wildlife, the views, or the game of golf itself, the 6,506-yard championship course brings Eastwood endless enjoyment. As he guides the Super Cart through the trees, our conversation shifts to life way back when.

“During the Depression, my parents had to move all the time because the jobs panned out. My dad would get a job, and then two weeks later, the company went belly up. He’d get a new job, and we had to move. We lived in Southern California, in Sacramento twice. I lived in Redding. I lived in the Bay area — in Hayward, in Niles, in Oakland, San Francisco, everywhere,” he says.

I get pointers in customer service from the former Tribune paperboy. Eastwood recalls the big bold type that screamed “WAR!” on the front page of all the dailies after the attack on Pearl Harbor. He laments the loss of the wharves and the ports and the industrial heft that gave the Bay Area its global swagger. The cities he knew have long been replaced by high-tech hubs.

Eastwood brings the Super Cart to a full stop and looks out at the hills that ring this sanctuary that he has created.

“This won't change. Ever.”

]]> 16389 0 0 0 Clint Eastwood Photography by Gustav Schmiege III Tehama Photography by Jason Speth]]> Clint Eastwood is mesmerized. He puts lunch on hold and stares intently at the flat screen TV at the Saloon in the Clubhouse at Tehama. A few miles down the road, the third round of the US Open Golf Championship is underway at Pebble Beach, which Eastwood owns with a group of partners. But instead of fighting the crowds at this most famous of golf courses, Pebble\u2019s co-owner opts to watch the Open at Tehama, his 2,000-acre sanctuary high above the Carmel Valley and the Monterey Peninsula.<\/p>

\u201cWhy would I want to be at Pebble Beach, fighting with 250,000 people to watch this guy putt when I can be here at my own club with my friends watching the whole tournament on a big screen TV?\u201d he asks.<\/p>

\u201cThis guy\u201d happens to be Gary Woodland, a burly Kansas Jayhawk who is not only atop the leaderboard but is playing on cruise control.<\/p>

\u201cLook at him. Look at the way he walks the course. He\u2019s playing golf out there. Meanwhile, everyone else is playing the Open,\u201d Eastwood says.<\/p>

Woodland has opened a four-shot lead over Brooks Koepka. A tightly bunched group of challengers sits one and two shots further back. To a man, they line up their putts with laser-like precision, calculating speed, distance, azimuth, and atmospheric pressure. Woodland? He eyes the green, addresses the ball, and drains his putt.<\/p>[caption id=\"attachment_16480\" align=\"alignright\" width=\"325\"]<\/a> DON\u2019T LET THE OLD MAN IN | <\/strong>In addition to<\/em>
regularly playing golf at Tehama, Eastwood still skis at Sun Valley, and just wrapped production on <\/em>Richard Jewell, which releases on December 13<\/em>.[\/caption]

\u201cIf he stays this loose and keeps playing like that, he\u2019ll win the tournament,\u201d Eastwood says. (The following day, the 35-year-old proves Eastwood\u2019s point, shooting 2-under in the final round to finish three strokes ahead of Koepka at 13-under.)<\/p>

Staying loose definitely qualifies as Eastwood\u2019s mantra. The guy\u2019s legendary on-screen cool is no act. During lunch, he and his fellow members at Tehama hail one another casually and catch up about their golf games and their families while they watch the Open.<\/p>

This chill vibe is, without question, a top-down phenomenon. It emanates from Eastwood, and it imbues Tehama and its members and the staff with a casual confidence and an absence of attitude that makes this invitation-only golf club the ultimate anti-club.<\/p>

Tehama\u2019s managing director, Tom Zoller, strolls over and advises Eastwood on a pressing matter: which gas station to go to in order to get his car\u2019s smog certificate updated. In mid-sentence, he comes to a screeching halt.<\/p>

\u201cIs that you, Clint?\u201d Zoller asks.<\/p>

Everyone at the Saloon looks at the TV. An archival photograph of Samuel Finley Brown Morse fills the screen. A member of Skull & Bones and the captain of Yale\u2019s 1906 national champion football team, Morse founded Pebble Beach Golf Links in 1919. We all know that because Eastwood is narrating the clip. Millions of Americans from coast to coast just learned that fact courtesy of our host at the Saloon.<\/p>

\u201cIt sure is,\u201d Eastwood says. \u201cI had forgotten about that.\u201d<\/p>

Come to find out that this one-of-a-kind moment is par for the course at Tehama. And we haven\u2019t even left the clubhouse<\/p>

One of the perks of founding your own club is that when you want the governor taken off the accelerator on your golf cart, it goes bye-bye. Let\u2019s call that Eastwood Golf Cart Trivia for $100. Can you handle Eastwood Golf Cart Trivia for $1000?<\/p>

Name the country superstar and the single he wrote (and recorded) based on a conversation he and Eastwood shared at Tehama in the aforementioned high-performance Super Cart.<\/p>

Turns out that Toby Keith wasn\u2019t even looking to write a song when Eastwood uttered the immortal line that inspired \u201cDon\u2019t Let the Old Man In.\u201d<\/p>

\u201cIt was last year during The Clint, a golf tournament we put on here at Tehama,\u201d Eastwood says. \u201cWe play it at the end of May, which is when my birthday happens to be, but it\u2019s not about my birthday. Toby and I were playing together, and when he found out that my birthday was that Monday, he asked me how I planned to celebrate it. I told him I was going to start principal production on a movie, which happened to be The Mule<\/em>.\u201d<\/p>

\u201cThe moment I said that, Toby looked at me, and then he asked me, \u2018What keeps you going at 88?\u2019 So I told him, \u201cI get up every morning, and I don\u2019t let the old man in.\u2019 The moment I said that, Toby said, \u2018That\u2019s a great title for a song,\u2019\u201d Eastwood says.<\/p>[caption id=\"attachment_16481\" align=\"alignleft\" width=\"325\"]<\/a> Eastwood started caddying at 13, but never imagined he would play golf, let alone create his <\/em>own golf club.<\/em>[\/caption]

The beauty of this anecdote is that Eastwood wasn\u2019t commissioning a song. He was playing a round of golf at Tehama. For that matter, Eastwood hadn\u2019t even filmed The Mule<\/em>. Although music is an integral component of his body of work \u2014 let\u2019s start with Million Dollar Baby<\/em> as a for instance \u2014 he was just answering a question. Yet in doing so, he shared a priceless life lesson with a gifted songwriter.
Naturally, Eastwood also shared the movie\u2019s premise, the story of a resilient veteran named Earl Stone who becomes a drug courier for a cartel after going through bankruptcy. With these few details, the multi-platinum artist created a spartan ballad that Rolling Stone<\/em> described as \u201csuitably world-weary and weather-beaten.\u201d<\/p>

But wait \u2014 there\u2019s more.<\/p>

After he penned the lyrics, Keith cut a bare-bones demo of \u201cDon\u2019t Let the Old Man In\u201d and sent it to Eastwood for him to review.<\/p>

\u201cI loved it,\u201d Eastwood says. \u201cI called Toby and told him that I wanted to use it in the movie, and he said, \u2018That\u2019s great. Wait till you hear how it sounds after I take it into the studio and have it fully orchestrated.\u2019 And I said, \u2018It\u2019s perfect just as it is.\u2019 And we ran with it.\u201d<\/p>

And the Tehama twist? When Eastwood invited Keith to play in The Clint this May, the Oklahoman wowed members and guests with a private performance of \u201cDon\u2019t Let the Old Man In.\u201d<\/p>

This creative episode gives you an idea of how razor-sharp the 89-year-old is. Physically, he is living the dream. No hearing aids. No glasses. No walker. I witness this firsthand when he obliges my request to visit his goslings. Eastwood has a soft spot for all of God\u2019s creatures at Tehama, especially two goslings whose parents nest alongside a water feature on the 11th hole.<\/p>

As we pull up, the youngsters go on full alert.<\/p>

\u201cThey know my cart,\u201d he says. (Of course they know the Super Cart.)<\/p>

Speaking softly, Eastwood walks forward and drops to the ground. Mind you, most octogenarians who drop to the ground do so involuntarily. Not Father Goose. The guy can still Marine crawl up Heartbreak Ridge.<\/p>

In a soft, soothing voice, Eastwood greets the young geese. He tells them how excited he is to see them and to see them growing up so beautifully. Mother Goose pays Eastwood no mind. Her two beady black eyes dart back and forth from me to Gus Schmiege<\/a>, who is capturing the moment with as many picture-perfect stills as humanly possible, and Rick Ojeda<\/a>, the Compass broker who has the listing on the 30 remaining homesites available at Tehama.<\/p>

When I step out of the Super Cart and scoot closer, Mother Goose warns me to back off with a menacing hiss. Eastwood plays the peacemaker.<\/p>[caption id=\"attachment_16483\" align=\"aligncenter\" width=\"588\"]<\/a> FATHER GOOSE |<\/strong> Eastwood is drawn to the abundant wildlife at Tehama, including these two goslings.<\/em>[\/caption]

\u201cDon\u2019t worry. He\u2019s not as bad as he comes across,\u201d he says. She does not seem convinced.<\/p>

Turkeys are another favorite. We pass a flock feeding by the golf course near some blacktail deer. \u201cThey\u2019re breeding right now,\u201d Eastwood says. \u201cYou see a lot of big flocks. The females are nesting. The males are strutting, looking good. That\u2019s all they have to do. Stand around and look good.\u201d<\/p>

The same energy and creativity that led to the creation of Academy Award-winning Malpaso Productions such as The Unforgiven<\/em> and Million Dollar Baby<\/em> is on full display at Tehama. Only this time, instead of partnering with Warner Bros. or Kennedy\/Marshall, Eastwood has teamed up with Mother Nature.<\/p>

The other element to his success is a longtime collaboration with architect Alan Williams. The two first met when Eastwood was elected Mayor of Carmel-by-the-Sea in 1986. Initially, Williams advised His Honor on matters related to the municipal water system.<\/p>

Then came the 1986 acquisition of the historic Mission Ranch. Williams roars with laughter as he recalls how run-down the century-old farm had become. The prior ownership group hadn\u2019t invested a dime. They fully expected it to be razed and replaced with condominiums.<\/p>

\u201cDuct tape and baling wire \u2014 that\u2019s what held the place together,\u201d Williams tells me during a lunch we share with Eastwood in May.<\/p>

\u201cIt was a repair job,\u201d Eastwood says. \u201cMost people wouldn\u2019t have done it the way we fixed it up. They would have said they couldn\u2019t do it and had it torn down. But everybody felt the same way about keeping things looking the way they had always been.\u201d<\/p>

Williams and his Carmel Development Company proved their mettle with the successful renovation of the dilapidated landholding. Since then, he and Eastwood have worked together on countless ventures in Carmel-by-the-Sea and on the land.<\/p>

In the process, the two have facilitated the preservation of thousands of acres of Monterey County in perpetuity. In many instances, they purposely extinguished or diminished coveted development rights on tracts of land large and small.<\/p>

Eastwood\u2019s 1995 acquisition of the 134-acre Odello Farm is a paramount example. Situated near the mouth of the Carmel River alongside Highway 1, the Odellos' historic farm benefitted from a strategic location, valuable development rights, and considerable water rights. More than 80 homes were permitted for construction on the bucolic artichoke farm.<\/p>

Eastwood subsequently gifted Odello Farm, its development rights, and water rights to the Big Sur Land Trust and to Monterey County. He also made water available to the community. Odello Farm ultimately proved to be the missing piece of the puzzle in a countywide trail system that now connects Carmel Valley to Big Sur.<\/p>

And, of course, there was the 1999 acquisition of Pebble Beach from its Japanese owners by a partnership that included Eastwood, golf legend Arnold Palmer, former Major League Baseball commissioner Peter Ueberroth, and former United Airlines chief executive Richard Ferris, among others. Long story short, Eastwood and Williams have covered a lot of ground together. And they\u2019ve enhanced that ground. And in many instances, they\u2019ve preserved it.<\/p>

In scope and complexity, Tehama stands out as their masterwork. \u201cIt just depends on what you\u2019re in it for,\u201d Eastwood says. \u201cWe were in it because we both knew we were going to live here.\u201d<\/p>

To his point, both Eastwood and Williams built homes at Tehama. It\u2019s where they live full-time. The prep work was anything but hurried. The two spent years scouting its ridges, its valleys, and its rolling hills: Eastwood, on foot, and Williams, behind the wheel of an old red GMC Jimmy.<\/p>

Williams uses an interesting phrase to describe this multi-decade process: \u201cWe eased our way into it.\u201d Time-tested ranch roads were respected and enhanced. Wildlife corridors and other natural features were left as-is.<\/p>

\u201cWe didn\u2019t want to step on any toes,\u201d Williams says.
<\/a>
Together, they endeavored to celebrate Tehama by minimizing man's footprint. The property was permitted for full-scale development, including hundreds of homes. Thanks to Eastwood\u2019s day job, however, he was able to forsake this more lucrative payday.<\/p>

Ultimately, more than 85 percent of Tehama\u2019s 2,040 acres were set aside as natural open space.<\/p>

The infrastructure, amenities, and 90 homesites account for roughly 300 acres. Two-thirds of the homesites have sold; some 30 remain. Rick Ojeda<\/a>, the Estates Director for Compass Real Estate in Los Angeles, has the listing on the estates, which start at $1.5 million and range in size from 5 acres to more than 24 acres.<\/p>

A final collaborator merits mention: Jay Morrish (1936\u20132015)<\/a>. Eastwood and Williams tip their hats to Tehama's gifted golf course architect. \u201cJay got it,\u201d Eastwood says. \u201cAs soon as he told me,<\/p>

\u2018The big thing is not to screw this place up,\u2019 I knew we had our man.\u201d<\/p>

\"Jay loved working with Clint,\" adds Williams. \"And because so much of the course literally followed the terrain, he only charged half his normal fee.\"
Whether it's the wildlife, the views, or the game of golf itself, the 6,506-yard championship course<\/a> brings Eastwood endless enjoyment. As he guides the Super Cart through the trees, our conversation shifts to life way back when.<\/p>

\u201cDuring the Depression, my parents had to move all the time because the jobs panned out. My dad would get a job, and then two weeks later, the company went belly up. He\u2019d get a new job, and we had to move. We lived in Southern California, in Sacramento twice. I lived in Redding. I lived in the Bay area \u2014 in Hayward, in Niles, in Oakland, San Francisco, everywhere,\u201d he says.<\/p>

I get pointers in customer service from the former Tribune<\/em> paperboy. Eastwood recalls the big bold type that screamed \u201cWAR!\u201d on the front page of all the dailies after the attack on Pearl Harbor. He laments the loss of the wharves and the ports and the industrial heft that gave the Bay Area its global swagger. The cities he knew have long been replaced by high-tech hubs.<\/p>

Eastwood brings the Super Cart to a full stop and looks out at the hills that ring this sanctuary that he has created.<\/p>

\u201cThis won't change. Ever.\u201d <\/p>

<\/a><\/p>","drop_cap":"yes","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"cd8b800"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2019/09/the-land-report-summer-2019/ Sun, 15 Sep 2019 07:00:43 +0000 https://www.landreport.com/?p=16406 Our 2019 Legacy Landowner, Clint Eastwood, takes center stage in the Best Brokerages issue. Go behind the scenes and enjoy a private tour of Tehama, Clint's 2,000-acre masterpiece nestled above the Pacific Ocean between Carmel Valley and the Monterey Peninsula. Learn how the California native saved Mission Ranch from almost certain destruction. And witness firsthand how he has created a one-of-a-kind legacy that he shares with a select few. Other great reads include:

• Best Brokerages: The Lowdown on 125+ Top Brokerages
• FrontGate: August National's $200 Million Land Grab
• BackGate: The $100,000 Sale of a $1 Billion Listing

]]> 16406 0 0 0 https://landreport.com/2019/09/landmark-eminent-domain-ruling/ Fri, 20 Sep 2019 07:00:36 +0000 https://www.landreport.com/?p=16412 Landowners no longer will be fenced in by state decisions when it comes to eminent domain cases thanks to a recent Supreme Court ruling. By a 5-4 vote, the high court ruled in Knick v. Township of Scott, Pennsylvania, that plaintiffs can go directly to federal court to seek compensation if state or local governments take their property via eminent domain. The ruling overturned, in part, Williamson County Regional Planning Commission v. Hamilton Bank of Johnson City, which required plaintiffs to sue in state court. “The Knick decision is game-changing,” says the Institute for Justice’s Robert McNamara. “For 30 years, property owners with constitutional claims have been relegated to second-class status, and they’ve effectively been locked out of federal courthouses.”]]> 16412 0 0 0 https://landreport.com/2019/09/lets-make-a-deal/ Fri, 20 Sep 2019 07:00:03 +0000 https://www.landreport.com/?p=16418 Over the last two decades, water levels in the nation’s largest man-made reservoir, Lake Mead, have fallen to the point that it is at 39 percent of capacity. A similar plight faces the nation’s second largest reservoir, Lake Powell. Drought conditions out West coupled with increased demand from municipal utilities and agricultural users are cited as the main culprits. These shortfalls have led the federal agency in charge of water resources out West — the Bureau of Reclamation — to step in and activate mandatory water restrictions. In response, the states of Arizona and Nevada have agreed with California to leave portions of their water allotment in Lake Mead via an agreement known as the Lower Basin Drought Contingency Plan. And if levels continue to fall, California will contribute portions of its allotment as well. So will Mexico, which agreed in a separate accord. ]]> 16418 0 0 0 https://landreport.com/2019/09/the-land-report-rockies-2019/ Sun, 01 Sep 2019 07:00:08 +0000 https://www.landreport.com/?p=16425 Go West! According to the Census Bureau, more and more Americans are moving out West. Hence, the focus of this special issue. In addition to a closer look at this compelling demographic trend, our Rockies special issue also feature these great reads:

• The Price of Popularity: Western landowners alleviate deadly drought
• The Best of the West: landmark listings on the market today
• BLM to Move HQ: key federal agency to relocate to Grand Junction
• Stewardship in Action: tour the Four Daughters Land and Cattle Co.

For up-to-the-minute reports on listings, auctions, sales, and breaking news pertaining to land and landowners, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 16425 0 0 0 https://landreport.com/2019/09/american-soil-is-increasingly-foreign-owned/ Sat, 28 Sep 2019 18:17:51 +0000 https://www.landreport.com/?p=16431 GETTING GRILLED | Smithfield Foods CEO Larry Hill testified before the Senate Agriculture Committee in 2013 after China’s largest pork producer announced it was buying the company.[/caption]

The 2013 acquisition of SMITHFIELD FOODS by WH Group included ownership of 146,000 acres of prime US farmland that now belong to the Chinese company.

By Renee Wilde/WYSO

American soil. Those are two words that are commonly used to stir up patriotic feelings. They are also words that can’t be taken for granted, because today nearly 30 million acres of US farmland are held by foreign investors. That number has doubled in the past two decades, which is raising alarm bells in farming communities. When the stock market tanked during the past recession, foreign investors began buying up big swaths of US farmland. And because there are no federal restrictions on the amount of land that can be foreign owned, it’s been left up to individual states to decide on any limitations. It’s likely that more American land will end up in foreign hands, especially in states with no ownership restrictions. With the median age of US farmers at 55, many face retirement with no prospect of family members willing to take over. The National Young Farmers Coalition anticipates that two-thirds of the nation’s farmland will change hands in the next few decades. “Texas is kind of a free-for-all, so they don’t have a limit on how much land can be owned,” says Ohio Farm Bureau’s Ty Higgins. “You look at Iowa and they restrict it — no land in Iowa is owned by a foreign entity.” Ohio, like Texas, also has no restrictions on foreign ownership, and nearly half a million acres of prime farmland are held by foreign-owned entities. In the northwestern corner of the state, below Toledo, companies from the Netherlands alone have purchased 64,000 acres for wind farms. There are two counties in this region with the highest concentration of foreign-owned farmland — more than 41,000 acres each. One of those is Paulding County, where three wind farms straddle the state line between Ohio and Indiana. Higgins says that this kind of consumption of farmland by foreign entities is starting to cause concern. “One of the main reasons that we’re watching this … is because once a foreign entity buys up however many acres they want, Americans might never be able to secure that land again. So, once we lose it, we may lose it for good.” His other concern is that every acre of productive farmland that is converted to something other than agriculture is an acre of land that no longer produces food. That loss is felt from the state level all the way down to rural communities, where one in six Ohioans has ties to agriculture. A sixth-generation farmer, Angela Huffman lives in Wyandot County, which, along with Paulding County, has more than 41,000 acres of foreign-owned farmland. Her modest, two-story white farmhouse has been in her family for almost 200 years. Her grandfather was the last person to actively farm the land here. When he got out of farming due to declining markets, none of his five children wanted to take over, and the cropland is now leased. But Huffman, a young millennial who lives here with her mother, wants to try to keep the farm going and revive her family heritage. As you walk out to the barn, a huge white Great Pyrenees dog watches over a small flock of sheep. Huffman says she’s worried about the effects of foreign land ownership on her rural community — which she describes as similar to Walmart pushing local businesses out of the market. “Right out my back door here, Chinese-owned Smithfield Foods, the largest pork producer in the world, has recently bought out a couple grain elevators,” Huffman says, pointing behind her house, “basically extracting the wealth out of the community.” [caption id="attachment_16434" align="aligncenter" width="588"] SHANGHAI | Smithfield products are displayed in a Chinese supermarket in 2017.[/caption] To be fair, US farmers and corporations also invest in overseas agriculture, owning billions of dollars of farmland from Australia to Brazil, but the Smithfield Food buyout has really raised concerns with American farmers. As part of that 2013 sale, a Chinese company now owns 146,000 acres of prime US farmland. Back in the Huffman farmhouse, Joe Maxwell is typing on a laptop at the kitchen table. Maxwell is a fourth-generation farmer. He and Huffman belong to the Organization for Competitive Markets, an advocacy group of farmers and ranchers across the nation. He points to the Smithfield Foods elevators: “The money that those elevators used to make stayed within the community. Today, the money those elevators make will go into the pocket of someone thousands of miles away. This is going on across America.” Maxwell is concerned that, as other states put restrictions on foreign purchases in place, Ohio in particular is being targeted. “So when they’re looking for investments in the US and agriculture,” Maxwell says, “Ohio’s a great ag state, and you don’t have any restrictions like other states.” Nationwide, Canadian investors own the most farmland. In Ohio, it’s Germany, with 71,000 acres. On the southern central part of the state, John Trimmer manages 30,000 acres of corn and soybeans for German investors. He’s been working with German families that have wanted to get into US agriculture since the 1980s. “They started to buy land in Iowa and Minnesota,” Trimmer explains, “but right when they started, [Iowa and Minnesota] passed state laws which restricted foreign ownership.” Instead, the Germans turned to Ohio. But, Trimmer says, there is a misconception about foreign owners — that they aren’t good neighbors or good stewards of the land. What he sees is a growing divide between older family members who still live on the farm, and their children who have no interest in the family business and want to cash out the land. “The last two farms we bought here, through an owner, she and her brothers and sisters inherited it from their mother, and none of them wanted to farm. None of them have an interest in the farm.” Trimmer explains that his German clients have established a reputation in the community for letting the tenants — often aging parents or grown children — continue to live in the houses on the farms they buy. Sellers work directly with his German clients — instead of putting the property up on the market, the sale ensures that family members can live out their lives in the family homestead, while still getting cash value for the farmland.]]> 16431 0 0 0 https://landreport.com/2019/09/kinder-morgan-feels-the-heat/ Sat, 28 Sep 2019 07:00:10 +0000 https://www.landreport.com/?p=16438 The construction of a $2 billion pipeline that extends 430 miles from Far West Texas to the Gulf Coast is going to generate opposition, especially by landowners such as Matthew Walsh whose property it crosses. Walsh filed a claim in Blanco County over a 50-foot easement on his 53 acres. According to Kinder Morgan, the fair market value of the damages to Walsh’s property totaled $16,707. Special commissioners in Blanco County overruled the low-ball offer and assigned a value of $233,500. “Kinder Morgan’s initial offer was insultingly low. I hope that other landowners will hear my story and join me in fighting for fair compensation,” said Walsh, who has nixed plans to build a home there. “I do not feel safe living within a few hundred feet of such a massive natural gas pipeline.” The company plans to appeal. Click here to read more. ]]> 16438 0 0 0 https://landreport.com/2019/09/land-report-2018-deal-of-the-year/ Sat, 28 Sep 2019 07:00:59 +0000 https://www.landreport.com/?p=16445 PRISTINE WILDERNESS | This alpine hideaway has long been eyed as America's next great ski resort.[/caption] By Corinne Garcia Anyone who’s ever been through Salt Lake City International Airport, even if it’s just to change planes, has no doubt noticed the Wasatch Mountains. How could you not? The range hovers over the Salt Lake Valley and serves as an awe-inspiring reminder of the proximity to wild lands just beyond them thar hills. Utah’s high country is home to some of the world’s best-known ski resorts — a fact borne out by the 2002 Winter Olympics. The list includes Alta, Snowbird, Park City, Deer Valley, Snowbasin, and Sundance. A gorgeous stretch of those wild lands less than an hour from Salt Lake’s airport is called the Wasatch Peaks Ranch. It is not a world-class ski resort. At least not yet. Not only is it unbelievable that such a property still exists but that it is, in fact, privately owned. This 12,740-acre pristine alpine wilderness boasts 24 peaks, 15 bowls and cirques, and 11 miles of ridgeline. Five of the peaks top 9,000 feet, and that gives Wasatch Peaks Ranch a vertical rise of 4,600 feet. The average annual snowfall? It exceeds 400 inches. And that’s just what is upstairs. Almost two miles of the Weber River run through the ranch. Eighty miles of trails crisscross it. Game thrives, and so do those who visit Wasatch Peaks Ranch, our 2018 Deal of the Year. Snowbird founder Dick Bass bought Wasatch Peaks Ranch, which was then known as the Gailey Ranch, in 1997 with the intention of turning it into a ski resort. Eventually, Robert Earl Holding — owner of Idaho’s Sun Valley Resort, Snowbasin Resort in nearby Huntsville, and Sinclair Oil — and Peter Hicks, an investor from Boston, became co-owners. [caption id="attachment_16448" align="aligncenter" width="588"] HIGH COUNTRY | Eleven miles of ridgeline tower over Wasatch Peaks Ranch.[/caption] “Bass and Holding were said to have been especially struck by the ranch’s estimated 5,500 acres of potential ski slopes …” wrote Tony Semerad in a 2016 article for The Salt Lake Tribune. And if their dream of creating a ski area had come to fruition, Wasatch Peaks would rank among the top five largest ski mountains nationwide. “It wasn’t hidden that they owned it, these two huge resort guys,” says Nathan Rafferty, CEO of Ski Utah, which promotes the ski industry in the state. “It really is a special piece of property, and it’s amazing that it is really untouched.” But with the passing of Earl Holding in 2013 and Dick Bass in 2015, the ski resort that these two giants had dreamed of remained just that — a dream. In 2015, their heirs and Hicks put the tract on the market with a $46 million price tag. They knew that such a unique and large landscape would require a buyer with a similar vision and extraordinary passion. In all likelihood, Ken Mirr of Mirr Ranch Group got the Wasatch Peaks Ranch listing because of his legal training as a public lands attorney as well as his successful career in the brokerage business. And although Mirr had seen his fair share of unique properties, this one stood out. “You just don’t find this type of location in the West very often — untouched and raw with river, trees, and an alpine setting,” he says. “But we thought, ‘Is someone going to buy this for $46 million just to raise cows and hunt elk?’” From the very beginning, Mirr and his Utah associate, broker Chris Corroon, positioned the ranch to buyers with an interest in developing some kind of ski resort. “The ranch offered skiing, and you didn’t need national forest ground,” Mirr says. He explained to me that many ski areas are built on private lands, but the skiing is on public lands leased from the Forest Service. Although this parcel does adjoin Forest Service lands, the acreage itself would be more than suitable for a sizeable resort. “We focused on the proximity to the airport, and having this vertical drop for skiing with this much snow,” Mirr says. Just 35 minutes from Salt Lake City, 15 minutes to Ogden, and 10 minutes from the Holding family’s Snowbasin Resort, the location was a premium selling point. “I always thought if there were a property that could be another ski resort in Utah, it would be this one,” says Rafferty. “You very quickly feel far away from the city. It’s amazing to me that there’s a property this close to the Wasatch Front, home to millions of people, yet you still feel so remote. It’s really spectacular.” Despite solid interest from both public and private entities, it took three years for the right buyer to come along. A key factor was finding someone whose vision aligned with that of Dick Bass and Earl Holding. [caption id="attachment_16449" align="aligncenter" width="588"] $1.66 BILLION INDUSTRY | Skiing is a major economic driver in Utah, and the 2018-19 season set a new record for skier days: 5.125 million.[/caption] “We had individuals looking at it, developers looking at it, and a slew of high-net-worth individuals looking at it,” Mirr says. “The buyers are a private group. They studied the climate, snowfall, and access, and did full-on due diligence. They really are focused; they were well thought out, very professional, cooperative, and we liked their vision.” It’s a vision that has the potential to make their predecessors’ dream a reality. Although plans have yet to receive requisite approvals, the most likely development scenario for Wasatch Peaks Ranch would be a private residential ski club similar to Montana’s Yellowstone Club (see The Land Report 2018 Rockies edition). “There’s a large appetite for skiers in this state,” says Ski Utah’s Rafferty. A $1.66 billion homegrown success story, the Beehive State’s 13 ski resorts have drawn record numbers of visits over the past few years. “We have this varied palette to draw from, with Deer Valley on one end that’s super luxury, and then the tiny Nordic Valley with three lifts,” says Rafferty. “I don’t know what they’re planning up there, but I hope that they do something different. I’ve been up on that ridgeline, and I hope someone will get to enjoy it one way or another.”

2018 DEAL OF THE YEAR: WASATCH PEAKS RANCH

SELLER: Gailey Ranch LLC and Sinclair Real Estate Company

 

SELLER’S BROKERS: Chris Corroon & Ken Mirr, Mirr Ranch Group

 

BUYER: Wasatch Peaks Ranch LLC

]]> 16445 0 0 0 https://landreport.com/2019/09/land-report-september-2019-newsletter/ Sun, 15 Sep 2019 07:00:09 +0000 https://www.landreport.com/?p=16450 On September 12, the administrator of the Environmental Protection Agency announced that the expanded definition of the waters of the United States (WOTUS) under the Clean Water Act was being repealed. Other articles in our September newsletter include:

• Nevada's 25 Ranch comes to market for $36 million.
• Listed for $54 million, Texas's La Bandera Ranch sells.
• Colorado water rights sell for $13 million.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 16450 0 0 0 https://landreport.com/2019/10/why-dont-you-buy-mission-ranch/ Sun, 06 Oct 2019 07:00:15 +0000 https://www.landreport.com/?p=16458 By Clint Eastwood As Told to Eric O'Keefe Photography by Scott Campbell A group of people bought Mission Ranch, a group of people who probably had a few drinks in the bar there, and they probably had a few drinks when they put the money down. Anyway, they put it up for sale right about the time I was elected Mayor of Carmel. They were going to subdivide the ranch and put a condominium development in there. So people started joking with me, asking me, “Why don’t you buy Mission Ranch?” Finally, I asked, “Well, who owns it?” Turns out there were a total of 14 different owners — brothers, sisters, all different, a wild group of people. I had pretty good ties to the place myself. I turned 21 in the Mission Ranch. I was in the Army, stationed at Fort Ord. Had my first legal beer there, a Lucky Lager or something like that. So it had that nostalgia about it for me, and it’s one of the reasons I decided to make an offer. So my lawyer called me the next day, and I told him, “I’ll buy it on one condition: They accept my offer by tomorrow morning at 10:00, or the deal is off the table.” So my lawyer called me the next morning and said, “I’ve got good news and bad news. The good news is you bought Mission Ranch, and the bad news is you bought Mission Ranch.” Anyway, I bought it. I took Alan Williams down there and asked him, “What do you think?” Alan took one look and said, “There are so many things wrong. The electrical here, the wiring there, and this and that." So I said, “Well, let’s make it look the same way it’s always looked, but upgrade it a little bit.” Alan said we could do that. We literally rebuilt the whole thing. But you’d never know it. I always enjoy hearing people say how nice it is that we didn’t change a thing. That made it fun. And it’s been a good investment. Take a closer look at Mission Ranch HERE.  ]]> 16458 0 0 0 https://landreport.com/2019/10/waters-of-the-united-states-repealed/ Mon, 07 Oct 2019 07:00:19 +0000 https://www.landreport.com/?p=16461 The Environmental Protection Agency is repealing an Obama ruling that expanded the definition of the “waters of the United States” under the Clean Water Act. The EPA and the Army Corps of Engineers announced that not only was the 2015 rule being repealed, but that the long-standing regulations that existed prior to the 2015 rule would be restored. “This final rule reestablishes national consistency across the country,” says R.D. James, Assistant Secretary of the Army for Civil Works. The repeal is considered a Step 1 action; the Step 2 action will include a new definition that will “provide greater regulatory certainty for farmers, landowners, home builders, and developers nationwide,” says EPA Administrator Andrew Wheeler. Click here to read more. ]]> 16461 0 0 0 https://landreport.com/2019/10/2018-conservation-deal-of-the-year/ Tue, 01 Oct 2019 07:00:42 +0000 https://www.landreport.com/?p=16467 30TH PRESIDENT Calvin Coolidge journeyed to South Georgia and stayed at Cabin Bluff as a guest of Howard and Matilda Coffin.[/caption] As of last year, however, there was a good chance that development was in the offing. On the market with a $50 million price tag, Cabin Bluff was permitted as one of the largest developmental properties on the Georgia coast with the potential for up to 15,000 residential units and more than 1.8 million square feet of commercial development. Thanks to the Nature Conservancy and the State of Georgia, however, Cabin Bluff will be protected in perpetuity. In 1827, the Camden Hunt Club was founded on land that was originally the home and hunting grounds of the Timucuan Indians. The Floyds — a prominent family immersed in politics and the military — built the first structures and brought a sense of refined culture that included invitational hunts and boat races. When the Civil War ended in 1865, the Floyd family and their politically-minded entourage retreated, leaving the land to revert back to lush forest and wetlands. In 1927, automobile pioneer Howard Coffin bought the tract and established Cabin Bluff as a world-class hunting and fishing destination. Guests included celebrities, corporate magnates, and politicians such as President Calvin Coolidge, who was known to stroll the dock, unmistakable in his white, wide-brimmed Stetson. With seven guest cabins and a grand yet rustic main lodge, the exclusive retreat was designed to accommodate 40 guests. [caption id="attachment_16472" align="aligncenter" width="588"] A STETSON MAN The president’s Secret Service detail had no problem identifying their man.[/caption] In the 1950s, the Cabin Bluff property was jointly purchased by the Mead/Scott JV Brunswick Pulp & Paper business to be used for corporate retreats as well as a place to woo clients, close deals, and chat with lobbyists, often under the guise of hunting and entertaining. A typical day consisted of a guided turkey hunt in the early morning followed by a quail hunt, an afternoon chasing wild boar and deer, and an evening on the dock that faces Cumberland Island. In addition to fine fishing, the dock offers superb sunset views. Wining and dining was mandatory, complete with Scotch, cigars, and a game of cards in the Coolidge Tavern. “To say, ‘I hunted at Cabin Bluff,’ meant you were someone special,” says LandVest President Joe Taggert. “You couldn’t buy your way into it. You had to be invited.” Over the last century, Cabin Bluff changed hands during corporate mergers, yet much of the land remains untouched. The hunting grounds are still bustling with wildlife, the shores of the Intracoastal Waterway are undeveloped, and the historic dock still reaches out towards Cumberland Island, now a designated national park. LandVest, which specializes in timberland and luxury real estate, had established a long relationship with Cabin Bluff, working with its array of corporate owners over the last decade. So, it was a natural fit for the firm to handle the listing for WestRock, the successors of the Mead Corporation that owned and managed the land. [caption id="attachment_16471" align="aligncenter" width="588"] BUSY MORNING The day traditionally starts off with a turkey hunt. Then come the quail.[/caption] “Cabin Bluff was an exclusive listing given to us, and we started the process of identifying conservation assets and conservation buyers right away,” explains Jonathan Burt, LandVest’s Director of Timberland for the US South. “In an early meeting with Mark Williams, the Georgia Commissioner of Natural Resources, I suggested that he get his checkbook ready. That was a way of putting the department on notice that the land was officially on the market.” Although there was interest from other investors, a conservation deal seemed to make the most sense all around. “For decades, management of Cabin Bluff has focused on stewardship and sustainability,” says Mark Lewis, Senior Vice President of WestRock’s land and development business. “We are pleased that The Nature Conservancy, an organization known for its commitment to protecting land for future generations, will now own this one-of-a-kind property.” After two years, working in collaboration with the state and other government agencies, the sale of Cabin Bluff closed in the summer of 2018. Conservationists, public lands advocates, and outdoor enthusiasts let out a big sigh of relief, as one of Georgia’s primo tracts of land — one that encapsulates much of what initially drew visitors to the Coastal South — was preserved. The Nature Conservancy has mapped out the at-risk animal species that exist in and around Cabin Bluff, including a significant gopher tortoise population, which is considered a keystone species due to the fact that their burrows provide shelter for 360-plus other animal species. Others include the wood stork, Eastern indigo snake, shortnose and Atlantic sturgeon, manatee, striped newt, tri-color bat, and American oystercatcher. They have also listed the longleaf pine, maritime forests, and South Atlantic coastal nonriverine swamp forest as at-risk ecosystems on the land. [caption id="attachment_16470" align="aligncenter" width="588"] WET A HOOK Sea trout, shark, redfish, and red snapper (shown here) are just a few of the game fish pursued by anglers.[/caption] To date, the land is closed to the public while the Nature Conservancy plots out a plan for the future of Cabin Bluff, one that involves a comprehensive conservation strategy with the potential for some component of public access. With the infrastructure in place, another possible scenario would return Cabin Bluff to its historic legacy as a world-class hunting and fishing club. “It’s such a beautiful place, and we’re proud to have played a role in conserving this incredible ecology,” says Burt. “This type of project really showcases LandVest’s unique expertise to bring complex conservation deals to life. We have worked with The Nature Conservancy on numerous deals across the country and know them to be extremely capable at accomplishing big things. Cabin Bluff is another example of that.” ]]> 16467 0 0 0 FERTILE GROUND Centuries of stewards have hunted and shepherded this South Georgia Plantation.]]> The nation’s oldest hunting and fishing club is saved from almost certain extinction.]]> It\u2019s hard to believe that just across the waters from the bustling tourist enclaves of Amelia Island, Sea Island, and St. Simons Island \u2014 fully developed resorts where it\u2019s not uncommon for visitors to compete for a coveted spot on the beach in high season \u2014 there lies a pristine tract of the Georgia coast untouched since its inception as a world-class hunting and fishing retreat well before the Civil War.<\/p>

Arguably the oldest hunting club in the country, the 10,300 lush acres that comprise Cabin Bluff jut out into the Intracoastal Waterway within the Lower Satilla Watershed adjacent to Cumberland Island. Studded with old-growth oaks lined with Spanish moss and featuring a long-leaf pine managed woodlands plantation, tidal marshes, and freshwater lowlands, it\u2019s the last large undeveloped portion of the Georgia coast.<\/p>[caption id=\"attachment_16473\" align=\"aligncenter\" width=\"588\"] 30TH PRESIDENT<\/b> Calvin Coolidge journeyed to South Georgia and stayed at Cabin Bluff as a guest of Howard and Matilda Coffin.[\/caption]

As of last year, however, there was a good chance that development was in the offing. On the market with a $50 million price tag, Cabin Bluff was permitted as one of the largest developmental properties on the Georgia coast with the potential for up to 15,000 residential units and more than 1.8 million square feet of commercial development. Thanks to the Nature Conservancy and the State of Georgia, however, Cabin Bluff will be protected in perpetuity.<\/p>

In 1827, the Camden Hunt Club was founded on land that was originally the home and hunting grounds of the Timucuan Indians. The Floyds \u2014 a prominent family immersed in politics and the military \u2014 built the first structures and brought a sense of refined culture that included invitational hunts and boat races. When the Civil War ended in 1865, the Floyd family and their politically-minded entourage retreated, leaving the land to revert back to lush forest and wetlands.<\/p>

In 1927, automobile pioneer Howard Coffin bought the tract and established Cabin Bluff as a world-class hunting and fishing destination. Guests included celebrities, corporate magnates, and politicians such as President Calvin Coolidge, who was known to stroll the dock, unmistakable in his white, wide-brimmed Stetson. With seven guest cabins and a grand yet rustic main lodge, the exclusive retreat was designed to accommodate 40 guests.<\/p>[caption id=\"attachment_16472\" align=\"aligncenter\" width=\"588\"] A STETSON MAN<\/b> The president\u2019s Secret Service detail had no problem identifying their man.[\/caption]

In the 1950s, the Cabin Bluff property was jointly purchased by the Mead\/Scott JV Brunswick Pulp & Paper business to be used for corporate retreats as well as a place to woo clients, close deals, and chat with lobbyists, often under the guise of hunting and entertaining. A typical day consisted of a guided turkey hunt in the early morning followed by a quail hunt, an afternoon chasing wild boar and deer, and an evening on the dock that faces Cumberland Island. In addition to fine fishing, the dock offers superb sunset views. Wining and dining was mandatory, complete with Scotch, cigars, and a game of cards in the Coolidge Tavern.<\/p>

\u201cTo say, \u2018I hunted at Cabin Bluff,\u2019 meant you were someone special,\u201d says LandVest President Joe Taggert. \u201cYou couldn\u2019t buy your way into it. You had to be invited.\u201d<\/p>

Over the last century, Cabin Bluff changed hands during corporate mergers, yet much of the land remains untouched. The hunting grounds are still bustling with wildlife, the shores of the Intracoastal Waterway are undeveloped, and the historic dock still reaches out towards Cumberland Island, now a designated national park. LandVest, which specializes in timberland and luxury real estate, had established a long relationship with Cabin Bluff, working with its array of corporate owners over the last decade. So, it was a natural fit for the firm to handle the listing for WestRock, the successors of the Mead Corporation that owned and managed the land.<\/p>[caption id=\"attachment_16471\" align=\"aligncenter\" width=\"588\"] BUSY MORNING<\/b> The day traditionally starts off with a turkey hunt. Then come the quail.[\/caption]

\u201cCabin Bluff was an exclusive listing given to us, and we started the process of identifying conservation assets and conservation buyers right away,\u201d explains Jonathan Burt, LandVest\u2019s Director of Timberland for the US South. \u201cIn an early meeting with Mark Williams, the Georgia Commissioner of Natural Resources, I suggested that he get his checkbook ready. That was a way of putting the department on notice that the land was officially on the market.\u201d<\/p>

Although there was interest from other investors, a conservation deal seemed to make the most sense all around. \u201cFor decades, management of Cabin Bluff has focused on stewardship and sustainability,\u201d says Mark Lewis, Senior Vice President of WestRock\u2019s land and development business. \u201cWe are pleased that The Nature Conservancy, an organization known for its commitment to protecting land for future generations, will now own this one-of-a-kind property.\u201d<\/p>

After two years, working in collaboration with the state and other government agencies, the sale of Cabin Bluff closed in the summer of 2018.<\/p>

Conservationists, public lands advocates, and outdoor enthusiasts let out a big sigh of relief, as one of Georgia\u2019s primo tracts of land \u2014 one that encapsulates much of what initially drew visitors to the Coastal South \u2014 was preserved. The Nature Conservancy has mapped out the at-risk animal species that exist in and around Cabin Bluff, including a significant gopher tortoise population, which is considered a keystone species due to the fact that their burrows provide shelter for 360-plus other animal species. Others include the wood stork, Eastern indigo snake, shortnose and Atlantic sturgeon, manatee, striped newt, tri-color bat, and American oystercatcher. They have also listed the longleaf pine, maritime forests, and South Atlantic coastal nonriverine swamp forest as at-risk ecosystems on the land.<\/p>[caption id=\"attachment_16470\" align=\"aligncenter\" width=\"588\"] WET A HOOK<\/b> Sea trout, shark, redfish, and red snapper (shown here) are just a few of the game fish pursued by anglers.[\/caption]

To date, the land is closed to the public while the Nature Conservancy plots out a plan for the future of Cabin Bluff, one that involves a comprehensive conservation strategy with the potential for some component of public access. With the infrastructure in place, another possible scenario would return Cabin Bluff to its historic legacy as a world-class hunting and fishing club.<\/p>

\u201cIt\u2019s such a beautiful place, and we\u2019re proud to have played a role in conserving this incredible ecology,\u201d says Burt. \u201cThis type of project really showcases LandVest\u2019s unique expertise to bring complex conservation deals to life. We have worked with The Nature Conservancy on numerous deals across the country and know them to be extremely capable at accomplishing big things. Cabin Bluff is another example of that.\u201d <\/p>","drop_cap":"yes","column_gap":{"unit":"px","size":0,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"1a82b82"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2019/10/2018-timberland-deal-of-the-year/ Tue, 01 Oct 2019 00:00:51 +0000 https://www.landreport.com/?p=16575 THE CATALYST | Carl Icahn urged the previous sale of these timberlands in 2007.[/caption] CalPERS officials thought they were getting a good investment, but the Great Recession and subsequent slowdown in housing exposed a weakness in the overall deal structure. The properties, when acquired, came with wood-supply obligations to existing Temple-Inland manufacturing facilities. These obligations, coupled with a debt facility taken out on the timberlands, created a liquidity situation that the recession made worse. The timberlands were on the market for years but struggled to find a buyer willing to work within the constraints of the wood-supply agreements. “(It was) just the poor timing on the purchase,” Andrew Junkin of Wilshire Consulting told the CalPERS investment committee in 2018. “You can’t know in advance that the market is going to collapse.” CatchMark purchased the property with a consortium of partners. The new ownership entity is called Triple T Timberlands. American Forest Management and Forest Resource Consultants are performing accounting and land management functions, respectively, as they do at other CatchMark-owned properties.“The timberlands are located near top-quartile mills and within approximately 100 miles of three of the top five US homebuilding markets: Austin, Dallas, and Houston,” CatchMark said in a statement. “These markets provide strong, growing, and compelling demand fundamentals.” ]]> 16575 0 0 0 https://landreport.com/2019/12/beverly-hills-mountain/ Mon, 02 Dec 2019 00:00:33 +0000 https://www.landreport.com/?p=16465 The Los Angeles Times it was likely never serious to begin with. Then on Wednesday, the day before the auction, Richards offered $150 million for the property on behalf of Secured Capital. The proposal was ignored, Richards said. Richards had already done some legal gymnastics to delay the auction in the first place, which was originally set for Thursday, Aug. 15. Two days prior, Secured Capital strategically transferred ownership to Tower Park Properties, which is also controlled by Dickens and Noval. According to Richards, Tower Park had an open bankruptcy plan and required three weeks’ notice of default before a foreclosure, which he said the lender never gave. He added that if the auction happened, the Hughes estate would be exposed to $400 million in punitive damages. The auction happened five days later, and now Richards said he’s planning a wrongful foreclosure action and further litigation if the estate tries to evict Noval from the property — legally rather than physically, because the property doesn’t have any housing on it. “This is the largest non-judicial foreclosure sale and the largest loss from a lender I’ve seen in 27 years,” Richards said. “My $150-million offer was legit, and now they have a catastrophic loss.” In a luxury market that continues to break records, however, there’s likely massive interest for a one-of-a-kind property located at the highest point of the 90210. Celebrities, moguls, investors, and even royals have been tussling over the mountaintop parcel for nearly half a century — and for good reason. Views stretch from downtown Los Angeles to Catalina Island, and the closest neighbor is half a mile away. Disneyland, at roughly 85 acres, measures merely half the size of the property. The grounds are divided into 17 parcels. Six of them, ranging from 2.5 acres to 12.2 acres, are zoned for residential development. Despite many dreams of development, the hilltop kingdom has always remained dormant. The mountaintop was once owned by a sister of the late Shah of Iran, the Princess Shams Pahlavi, who had planned to build a lavish palace there. It didn’t happen. It was later acquired by talk show host-turned-TV-producer Merv Griffin, who commissioned prominent designer Waldo Fernandez to create a marble-and-limestone mansion. It was never built. After falling into financial trouble, Griffin sold the mountaintop for more than $8 million in 1997 to Mark Hughes, the founder of Herbalife, in a deal that reportedly set a price record at that time for Southern California. After Hughes died in 2000 in his beachfront Malibu mansion at the age of 44, his estate sold the prized acreage to Dickens, who teamed with listing agent Aaron Kirman to try to sell the property last year. Kirman told The Times he envisioned a single buyer, perhaps a royal family from the Middle East or a Chinese billionaire. Of the approximately 2,800 billionaires in the world, he said there are 100 that could and would want to buy the property. If it sells for even $200 million, it’ll wallop the all-time price record for California. The current benchmark belongs to the Manor, which Formula One heiress Petra Ecclestone sold to a mystery buyer in July for $119.75 million. Once dubbed Candyland for former owner Candy Spelling, widow of producer Aaron Spelling, the sprawling Holmby Hills residence measures 56,500 square feet, or about 1,500 square feet larger than the White House, with 14 bedrooms and 27 bathrooms.

Copyright @ 2019 Los Angeles Times. Used with Permission.

]]> 16465 0 0 0 https://landreport.com/2019/10/historic-25-ranch-comes-to-market/ Mon, 14 Oct 2019 07:00:53 +0000 https://www.landreport.com/?p=16487 One of the most historic cattle ranches in Nevada has been listed for $36.525 million. At more than 126,000 deeded acres, the 25 Ranch spans four counties and is recognized as one of the largest and oldest cattle operations in the Silver State. The ranch has significant water rights and is entitled to irrigation use from eight separate sources. What began as a sheep operation in the 19th century expanded into a large cattle operation following a fatal gun battle in which the ranch’s owner, Welsh immigrant W.T. Jenkins, emerged victorious over a “ruthless” local cattleman. Since then, the 25 Ranch has grown to include nine separate properties. In addition to its deeded acreage, the 25 Ranch has a BLM grazing allotment of 524,083 acres, consisting of 309,390 acres of public land and 214,693 acres of private land. Read more here. ]]> 16487 0 0 0 https://landreport.com/2019/10/stefan-soloviev-2018-land-report-100/ Tue, 15 Oct 2019 12:30:46 +0000 https://www.landreport.com/?p=16490 CROSSROADS AGRICULTURE embraced the Old World spelling of the family name and changed his surname from Solow to Soloviev.) While continuing to grow wheat, sorghum, corn, and sunflowers on acreage in New Mexico, Kansas, and Texas, Soloviev currently spends his days working on father-son projects such as 685 First Avenue, a Richard Meier-designed Midtown high-rise.

Click here to see the 2018 class of America’s largest landowners.

]]> 16490 0 0 0

This entrepreneur has moved back to his native New York City in order to work more closely with father, 90-year old real estate developer Sheldon Solow.

]]> https://landreport.com/2019/10/sold-south-texass-la-bandera-ranch-sells/ Wed, 16 Oct 2019 07:00:33 +0000 https://www.landreport.com/?p=16553 The sale of the South Texas hunting ranch, which was listed for sale at $54 million, was recently announced by Whitetail Properties, which noted that the transaction was the largest in the company’s history. Hunters from around the world have journeyed to La Bandera, which is situated in Dimmit County not far from the Rio Grande River. This strategic setting and abundant populations of whitetail deer, quail, dove, and duck have earned the property a well-deserved reputation as a destination hunting experience. An extensive wildlife management program has long been in place. La Bandera also boasts a paved and lighted runway, taxi-through hangar, outdoor kitchen, and heated pool and hot tub. La Bandera has its own lagoon, along with seven trophy bass lakes, a clay target range, and a shooting range. Accommodations at La Bandera are spread out over three lodges with 46 bedrooms and numerous amenities.]]> 16553 0 0 0 https://landreport.com/2019/10/colorado-water-rights-all-wet/ Mon, 21 Oct 2019 07:00:09 +0000 https://www.landreport.com/?p=16556 A new record was set for a key Northern Colorado water asset that was auctioned by Scott Shuman of Hall and Hall Auctions. The August sale of the Fred Sekich Farm generated a total of $15,545,920 with roughly $13 million attributable to water rights. One unit of water from the Colorado-Big Thompson went for $65,867, a new record for the water from the massive project. The property, which the Sekich family has held for generations, is located just north of Firestone and spans 546 acres. Although it is appreciated for its agricultural options, the biggest attraction is its water rights. “Water is gold,” Rick Sekich, one of the selling family members, told the Denver Post in August. In fact, one of the most appealing parcels features a small lake in addition to views of Longs Peak.]]> 16556 0 0 0 https://landreport.com/2019/10/2018-farmland-deal-of-the-year-walla-walla-masterpiece/ Fri, 25 Oct 2019 07:00:08 +0000 https://www.landreport.com/?p=16566 WELL WATERED | Over the last half century, the Weidert family assembled a priceless portfolio of state-issued, privately owned water rights.[/caption]

From a 600-acre tract in the 1960s, a 6,000-acre agricultural powerhouse and our 2018 Farmland Deal of the Year was born.

  It is easy to see the appeal of the 6,000-acre Weidert Farm in Washington’s Walla Walla Valley. From the top of a slowly rising hillside you are greeted by a 360-degree panoramic view of the meticulously maintained property. The Blue Mountains provide a majestic backdrop to the east, and the Columbia River flows into the sunset to the west. “It is a stunningly beautiful and breathtaking piece of property above the ground,” says Craig Wichner, managing partner of the San Francisco-based sustainable land investment firm Farmland LP. “But what we really love about it is what’s below the ground.” The combination of rich soil and ample water supplies attracted Farmland LP to purchase the land in 2018 from Tim Weidert, whose father bought the first piece of what eventually grew into the 6,000-acre farm more than 50 years ago. Farmland LP plans to transition the property from its long-time use of producing commodity crops (wheat, potatoes, and corn) to organic and sustainable permanent crops (wine grapes, apples, and blueberries). Such a transition is a substantial process that required significant preliminary work. That is one of the reasons Steve Bruere, president of the Peoples Company and the broker of record for the farm, considers the sale of the Weidert Farm “a deal of a lifetime.” [caption id="attachment_16569" align="aligncenter" width="588"] COLUMBIA BASIN | Eastern Washington and North Central Oregon form the bounds of this coveted agricultural region.[/caption] “We went through a pretty extensive visioning process, in terms of putting the marketing package together and the conceptual renderings of how this property could be developed and the financial performance it could produce,” Bruere says. “We had a client who gave us the resources and helped us put the team together to go out and position this property in its most positive light. There were really no constraints.” So researchers were brought in to collect weather data and test the soil, and plans were created for the best possible methods to expand irrigation beyond the established 1,800 acres. “It was a complicated project involving water rights and all sorts of things,” Bruere says. “We pulled together a topnotch team in order to do this right. And it showed.” The eventual buyer was determined through a sealed-bid process that had a November 2017 deadline. Bruere admits that there were several competitive offers, but Farmland LP’s proposal struck a chord. It was the closest to how the Weidert family wanted to see the property evolve. “A competitive offer is important, but Farmland LP’s vision for the property is what set it apart,” Bruere says. “We were dealing with a sophisticated buyer, and we communicated our vision to them. They intend to develop it very similar to the vision we had put together. So we were able to find a buyer who saw the wider vision for the property and wanted to carry it forward to the next level.” Farmland LP, manages approximately 15,000 acres of property in Northern California, Oregon, and Washington. Wichner says his company had been trying to expand into the Walla Walla region for about five years. “The whole Columbia Basin area has just a beautiful growing climate,” Wichner says. “It’s blessed with a tremendous amount of water, both underground and on the surface. And the soil in certain areas is just tremendous.” Wichner says Weidert Farm is one of those areas, praising the “beautiful light topsoil” that is uniform throughout the entire property. In addition, the area benefits from superior air drainage. This topographical feature, which facilitates the flow of cold air downhill, is of vital importance when growing grapes. And then there is the water access, which is more than plentiful. Tim Weidert had gradually established the water infrastructure on the property, building out a total of four wells. Farmland LP recently added a fifth well, and is in a two-year process of expanding irrigation capability to anywhere from 3,200 to 5,000 acres. It is also switching from center pivots to drip irrigation. “The fifth well that we just built can produce double the amount of water than what it’s permitted for,” Wichner says. “So there’s really tremendous water availability on that property.” Farmland LP is working to firmly establish the property’s capability for organic and sustainable crop production before embarking on any widespread planting. “We find it works much better to get the soil health and ground prep done right first, than to go straight into the organic program crop production,” Wichner says. “So we focus on making sure the soil biology is healthy and working for the plants. [caption id="attachment_16570" align="aligncenter" width="588"] AIR DRAINAGE | One of the key attributes of the farm is the many ways cold air can descend to lower elevations.[/caption] “If the soil is healthy and strong, the plants will be able to fight off invaders and pests on their own better. Part of that involves growing the right plants in the right spots, to get better biological productivity from the system. This all results in lower input costs, higher yields, and higher price premiums for organic products.” It is the type of extensive transformation that the Weidert family would not have undertaken on their own. Wichner points out that Farmland LP has “a team of 60 people and a decade of experience doing stuff like this,” making the company extremely well equipped for the transition to organic, permanent crop production. “Tim did an amazing job extending his dad’s vision for the property. But the amount of work needed to take this property to the next level is pretty amazing,” Wichner says. “We’re just thrilled that Tim chose us to do that, and what it will mean for the property. We have a shared and common vision, and we’re honored to be able to execute on that.”

Land Report 2018 Farmland Deal of the Year: Weidert Farm

SELLER | Weidert Farms SELLER’S BROKER | Steve Bruere • Peoples Company BUYER | Farmland LP

]]> 16566 0 0 0 https://landreport.com/2019/10/2018-ranchland-deal-of-the-year-el-maximo-ranch/ Mon, 28 Oct 2019 17:09:59 +0000 https://www.landreport.com/?p=16571

End of an Era.

There was one last bit of juice left in the sprawling holdings accumulated by Florida citrus pioneer Latimer “Latt” Maxcy. Maxcy (1887–1971) was one of the first entrepreneurs to plant large tracts of citrus groves in the Sunshine State. Profits from those operations enabled him to acquire more than 150,000 acres in Central Florida that he used for cattle and even more citrus. This acreage, which remained under the control of his family after Maxcy’s death, has slowly been divested. The final portion – the 38,453-acre El Maximo Ranch in southwest Osceola County – sold last year for $136.5 million to a joint venture between the Investment Corporation of Dubai and Argentine agribusiness firm Optimum Agriculture. It ranks as one of the largest contiguous ranches in the Southeast. “It was a complicated transaction, and we are honored to have worked with Optimum Agriculture, the investment manager, and all the other professionals on this transaction to bring about a successful conclusion for both the buyer and seller,” said Ken Nofziger of Murray Wise Associates. Crosby & Associates was another transactional advisor. In a news release, Ben Crosby said, “A ranch of this size provides an excellent opportunity for the buyer to create a platform for future expansion in the Southeast. It’s historically been utilized as a cattle ranch with various crops throughout the years, and has water permits that could allow for plenty of options in alternative crops and biofuel feedstock farming.” Coincidentally, the sale price of $136.5 million was the same amount that the Latt Maxcy Corporation grossed in 2005 when it sold 27,400 acres of ranchland to Subway cofounder Fred DeLuca and Anthony Pugliese of The Pugliese Company. Dean Saunders of Saunders Real Estate advised the company on both the 2005 and 2018 sales. “I’ve been fortunate to have been a part of several blockbuster deals, but my work with Latt Maxcy Corporation has always stood out,” Saunders says. “The fact that Mr. Maxcy started out with 80 acres and built an empire from the Kissimmee River to Vero Beach still amazes me.”

Land Report 2018 Ranchland Deal of the Year: El Maximo Ranch

SELLER | Latt Maxcy Corporation BUYERS | Investment Corporation of Dubai and Optimum Agriculture TRANSACTIONAL ADVISORS - Ben Crosby, ALC, Crosby & Associates - Dean Saunders, ALC, Coldwell Banker Commercial Real Estate - Murray Wise, ALC, Murray Wise Associates

]]> 16571 0 0 0 https://landreport.com/2019/10/land-report-october-2019-newsletter/ Tue, 15 Oct 2019 07:00:26 +0000 https://www.landreport.com/?p=16580 The nation’s largest land consulting and real estate brokerage firm — American Forest Management — has selected Brent Keefer to be the company’s new chief operating officer. American Forest Management currently manages more than 6.5 million acres for 1,200-plus clients across the US, and this is the lead story in our October newsletter. Other great reads include:

• Northwest Iowa farmland sells for $18,300 per acre.
• Goldcrest Farm Trust closes on a $300 million investment vehicle.
• Texans head to the polls to decide whether or not to support the great outdoors.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 16580 0 0 0 https://landreport.com/2019/11/land-report-2018-auction-deal-of-the-year-western-south-dakota-auction/ Fri, 01 Nov 2019 19:57:41 +0000 https://www.landreport.com/?p=16584 Land Report 2018 Auction Deal of the Year: Western South Dakota Auction in Perkins & Meade Counties

SELLERS - Triple R Ranch - Lyle & Rhonda Rowen - Faith, South Dakota AUCTIONEERS - Jared Chambers, CAI - Adam Curran, REALTOR ®

]]> 16584 0 0 0 https://landreport.com/2019/11/sporting-goods-sales-tax-revenue-on-the-ballot/ Tue, 05 Nov 2019 07:00:54 +0000 https://www.landreport.com/?p=16587 For more than two decades, Texas legislators have used sales tax revenues from sporting goods sales as a private piggy bank, directing those receipts away from the outdoors to other line items in the state budget. Thanks to the Texas Coalition for State Parks, however, voters can amend the Texas Constitution by supporting Proposition 5 this month, which would automatically appropriate all revenues from sporting goods sales tax to Texas Parks and Wildlife Department and the Texas Historical Commission. Currently, Texas’s 95 state parks and 22 historic sites do not receive all revenues from the sporting goods sales tax, which is contrary to the intention of a 1993 law. Click here to read more. ]]> 16587 0 0 0 https://landreport.com/2019/11/americas-national-mammal-returns-to-badlands-habitat-for-the-first-time-in-more-than-a-century/ Thu, 07 Nov 2019 07:00:56 +0000 https://www.landreport.com/?p=16590 Thanks to a land swap involving the 22,000-acre Don Kelly Ranch, bison have returned to portions of South Dakota’s Badlands for the first time since the 1870s. Engineered by the US Forest Service and the World Wildlife Fund among others, the land trade facilitates migration of bison from the western portions of Badlands National Park into the central area of the park’s North Unit. According to Smithsonian magazine, the agreement expanded the bisons’ range by 22,000 acres to more than 80,000 acres, an area more than one-and-a- half times the size of Manhattan. Prior to the arrival of European settlers and their descendants, bison were the most numerous single species of large wild mammals on earth. Although they numbered in the millions, by the close of the 19th century, they had been hunted to the brink of extinction. Click here to read more. ]]> 16590 0 0 0 https://landreport.com/2019/11/sold-209-acres-of-iowa-farmland-goes-for-18000-per-acre-at-auction/ Fri, 08 Nov 2019 07:00:01 +0000 https://www.landreport.com/?p=16595 $18,300 per acre! On October 11, Iowa Auction Group successfully marketed 209 acres of Sioux County farmland at auction, including a 66-acre parcel with 61.87 cropland acres for $18,300 per acre and a 143-acre parcel for $13,500 per acre. According to Successful Farming, the sale of the former parcel to a neighboring farmer ranks as the highest price per acre reported by the publication in the last five years. The second tract sold to an investor. Del Beyer of Iowa Auction Group described the auction as standing room only with quick-fire bidding. Beyer noted that the acreage was part of an estate and had not been on the market in generations. The publication also singled out Northwest Iowa’s strong livestock influence as a second key factor. “We have more manure than we have land,” Beyer told Successful Farming, explaining that farmers need farmland on which to spread manure on their farm fields.]]> 16595 0 0 0 https://landreport.com/2019/11/sold-pilgrims-pride-estate-eclipses-3-million-at-auction/ Mon, 18 Nov 2019 17:54:06 +0000 https://www.landreport.com/?p=16600 The Dallas Morning News reports that an 18,243-square-foot French Baroque chateau set on 43 acres in East Texas was sold at auction by Concierge Auctions in October. Bidding on the Pilgrim estate “topped $3 million.” Designed by architect Richard Drummond Davis after West Virginia’s Greenbrier Resort, the 6-bedroom, 10.5-bathroom residence was originally built for the founder of Pilgrim’s Pride poultry products, Lonnie “Bo” Pilgrim (1928–2017) and his wife, Patty. According to the auctioneer, “The impeccably manicured grounds designed by landscape architect Naud Burnett consist of multiple native species of trees, three ponds and streams, a deep water well with crisp fresh water, and a plethora of strikingly beautiful azalea gardens.” Located approximately 120 miles east of Dallas in Pittsburg, the residence sits five minutes from a local airport where the Pilgrim family hangared a King Air 350. Commute time to Dallas was less than 30 minutes. Photo Credit: Concierge Auctions ]]> 16600 0 0 0 https://landreport.com/2019/11/colorado-cattlemens-agricultural-land-trust-and-yampa-valley-land-trust-merge/ Mon, 25 Nov 2019 07:00:36 +0000 https://www.landreport.com/?p=16604 On October 1, two of Colorado’s leading land trusts merged into a single conservation organization. Going forward, joint operations will be conducted under the Colorado Cattlemen’s Agricultural Land Trust name and brand. Among the terms of the merger agreement were the appointment of two members of the Yampa Valley Land Trust board to the Colorado Cattlemen’s Agricultural Land Trust board. Founded in 1992, the Yampa Valley Land Trust worked with 76 conservation easement partners to permanently protect more than 56,000 acres. Based in Steamboat Springs, it was the only land trust in Colorado that focused exclusively on the northwest portion of the state. Founded in 1995, Colorado Cattlemen’s Agricultural Land Trust has 280-plus conservation easement partners and has permanently protected more than 575,000 acres across the Centennial State. Click here to read more.]]> 16604 0 0 0 https://landreport.com/2019/11/land-report-november-2019-newsletter/ Fri, 15 Nov 2019 07:00:38 +0000 https://www.landreport.com/?p=16608 Featured listings from our Investing Issue highlight our November newsletter, including:

• Colorado's Diamond Tail Ranch.
• Martha's Vineyard's Red Gate Farm.
• Virginia's Eldon Stock Farm.
• Washington's Lakeridge Homestead.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 16608 0 0 0 https://landreport.com/2019/11/the-land-report-fall-2019/ Fri, 15 Nov 2019 07:00:09 +0000 https://www.landreport.com/?p=16610 The continued appeal of land as an asset class is on full display in our annual Investing Issue, which highlights long-term investments by leading landowners such as Oracle chairman Larry Ellison, who acquired 98 percent of Lanai in a single purchase from David Murdock in 2012. Current listings that are profiled include:

• Colorado’s Diamond Tail Ranch.
• Martha’s Vineyard’s Red Gate Farm.
• Virginia’s Eldon Stock Farm.
• Washington’s Lakeridge Homestead.

]]> 16610 0 0 0 https://landreport.com/2019/12/did-the-boy-scouts-break-their-word/ Wed, 04 Dec 2019 12:52:22 +0000 https://www.landreport.com/?p=16623 The Associated Press reports that the Boy Scouts of America mortgaged the 140,177-acre Philmont Scout Ranch in New Mexico to secure $446 million of debt. Although the ranch was pledged in March 2019, members of the Philmont Ranch Committee only recently learned about it. “I cannot begin to tell you how sorry I am to be the one to break this news to you,” Mark Stinnett wrote fellow committee members as he shared the news. “The first point of the Scout Law is ‘A Scout is trustworthy.’ I am distressed beyond words at learning that our leaders apparently have not been. But I am even more distressed to learn that Waite Phillips’ magnificent gift has now been put at risk.” Philmont was created by Tulsa oilman Waite Phillips, who gave two large tracts carved out of his UU Bar Ranch to the Boy Scouts of America in 1938 and 1941. Click here to read more. ]]> 16623 0 0 0 https://landreport.com/2019/12/departments-of-justice-and-defense-prepare-to-condemn-private-lands-for-border-wall/ Thu, 05 Dec 2019 07:00:10 +0000 https://www.landreport.com/?p=16631 NBC News reports that administration officials are preparing the requisite court filings in Texas that will facilitate the condemnation of the private property necessary to construct the border wall. In a departure from typical eminent domain cases, however, the Declaration of Taking Act may be utilized in federal court. According to the report, “If the government files under that law, and its action survives expected legal challenges, the title would automatically transfer to the government. The government has to name the price it expects to pay, but actual negotiations with the landowners about the price don’t begin until after the land is taken.” Read more HERE.]]> 16631 0 0 0 https://landreport.com/2019/12/land-report-december-2019-newsletter/ Sun, 15 Dec 2019 07:00:24 +0000 https://www.landreport.com/?p=16704 Highlights from our December newsletter include:

• A federal judge in El Paso blocked $3.6 billion in border wall funding.
• The Obamas close on a 29-acre estate in Martha's Vineyard for $11.75 million.
• Ikea acquires 42,000 acres of Texas timberland and 18,000 more acres in Oklahoma.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 16704 0 0 0 https://landreport.com/2019/12/next-steps-for-treasure-hill/ Thu, 19 Dec 2019 07:00:10 +0000 https://www.landreport.com/?p=16706 PEACE & QUIET // Voters in the Utah ski resort anted up $64 million to landowners.[/caption]

Park City approves open space status for landmark conservation acquisition. — Eric O’Keefe

Yoga Berra would have made a world-class real estate broker. Consider the following words of wisdom from the Hall of Fame catcher: “It ain’t over till it’s over.” Now let’s apply them to the 30-year saga of Treasure Hill in Park City, Utah. Strategically situated above the historic Old Town district of the world-famous resort, the master plan for the Sweeney family’s 105-acre tract received the requisite approvals from the city fathers in the mid-1980s for more than 1 million square feet of mixed-use development. What followed was three decades of bickering about everything from the amount of excavation to the construction traffic and the size of buildings. In November 2018, the acquisition of Treasure Hill by the city for $64 million was put to a vote. Civic leaders saw it as the best route, and voters agreed. In July, zoning on the land was changed from Old Town and estate zonings, which permit development, to recreation open space zoning, which does not. Yogi’s words of wisdom about this start-and-stop process? “If the world were perfect, it wouldn’t be.”]]> 16706 0 0 0 https://landreport.com/2020/01/tenth-district-farmland-values-weaken/ Fri, 03 Jan 2020 17:08:48 +0000 https://www.landreport.com/?p=16717 Conditions for farm credit in the Federal Reserve’s Tenth District worsened in the third quarter of 2019 in spite of a modest price increase in various commodities. Other support, including government payments and loan repayment rates, likewise declined, though it did so at a slower rate. The Tenth District includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, Northern New Mexico, and Western Missouri. While irrigated cropland in the Tenth District showed a slight uptick in 2019, ranchland and non-irrigated cropland saw values dip. Across all of the seven states in the region, farm income decreased, with Missouri the hardest hit. New research also charts how cattle prices plummeted in August as a result of disruptions at a major beef processing facility. The expectation of the bankers in the Kansas City Fed region: “Agricultural credit conditions and farm income [are] to continue to decline in the coming months.” Click here to read more. ]]> 16717 0 0 0 https://landreport.com/2020/01/obamas-close-on-29-acre-vineyard-estate/ Tue, 07 Jan 2020 07:00:16 +0000 https://www.landreport.com/?p=16720 Strong activity buoys Massachusetts coastal market. According to the Vineyard Gazette, the former First Family rented the 6,892-square-foot waterfront home during the summer of 2019. With views of a barrier beach and the Atlantic, the residence has seven bedrooms, eight-and-a-half baths, a screened-in porch with a fireplace, a detached barn, and a swimming pool. Originally listed for $22.5 million, the property came to market in August 2015. The former President and First Lady – whose memoir was the bestselling book of 2018 – reportedly paid $11.75 million for the property, which fronts Edgartown Great Pond. The sellers were Boston Celtics owner and private investor Wyc Grousbeck and his former wife, Corinne, chair of the Perkins School for The Blind. Gerret Conover and Tom LeClair of LandVest, the listing and selling brokers, declined to comment. Click here to read more.]]> 16720 0 0 0 https://landreport.com/2020/01/federal-judge-blocks-border-wall/ Wed, 08 Jan 2020 07:00:45 +0000 https://www.landreport.com/?p=16723 On December 10, 2019 Federal District Court Judge David Briones of El Paso blocked the Trump administration’s plan to spend $3.6 billion in military funds on border barrier construction, jeopardizing his promise to erect 450 linear miles of steel fencing by the end of 2020. At issue is the source of the money: The judge ruled against the administration’s attempt to invoke the National Emergencies Act as a way to utilize military construction funds. To date, the administration has allocated upwards of $10 billion for barrier construction along the Mexico border, meaning the setback impacts about one-third of the project’s total budget. The judge, however, also ruled that the Trump administration could use $2.5 billion earmarked for drug interdiction for the wall. Click here to read more. ]]> 16723 0 0 0 https://landreport.com/2020/01/boone-pickens-mesa-vista-ranch-asking-220-million/ Tue, 14 Jan 2020 07:00:41 +0000 https://www.landreport.com/?p=16728 The Lake House is one of the many world-class improvements that have been built on the Mesa Vista. Crafted from Lueders limestone, it totals 12,000 square feet indoors and has 4,000 feet of porches and patios that offer stunning views of the Texas Panhandle in all directions.[/caption] [caption id="attachment_11824" align="alignright" width="166"] "I've always felt that to be wealthy is to have an abundance of something you really love." - T. Boone Pickens.[/caption] Two years have passed since Boone Pickens announced his intention to sell his Mesa Vista Ranch for $250 million. Known as the home of “the world’s best quail hunting,” the 64,809-acre contiguous tract was meticulously assembled and strategically enhanced by Pickens himself over the course of nearly a half a century and ranks as the crown jewel of the Texas Panhandle. The marketing campaign, however, was muted. Boone’s health was declining, and his near weekly visits to his beloved ranch brought him incredible joy and peace. There is little doubt these trips enhanced the quality of his life in his final years and, one hopes, even extended it.

Naturally, this changed with his death on September 11 in Dallas. Recently, the executors of Pickens’ estate have announced their intention to move forward with the marketing and sale of the Mesa Vista Ranch in a more targeted and aggressive fashion under the leadership of listing brokers Sam Middleton of Chas. S. Middleton and Son and Monte Lyons of Hall and Hall.

The first step proved their intent: a $30 million (12 percent) reduction off of the original 2017 asking price of $250 million to $220 million. So does the second step. Qualified prospects have already begun to tour the 100-square-mile ranch, meet Pickens’ time-tested ranch management team, and inspect the dozens of buildings and extensive infrastructure.

An inkling of the extent of the improvements can be gleaned from this simple illustration provided by Pickens’ longtime architect and close friend Tommy Ford. If all the materials used to enhance the ranch — trees, plants, shrubs, landscaping, and building materials — were loaded on semis and lined up end to end, the motorcade would form a convoy 400 miles long.

The turnkey sale includes all rolling stock, equipment, pickup trucks, hunting vehicles, farming equipment, and furnishings. The ranch’s extensive water rights and all owned mineral rights also convey. Even the bird dogs transfer. The only exclusions are the livestock and Pickens’ vast art collection. The livestock is available separately as is the majority of the artwork.

]]> 16728 0 0 0 https://landreport.com/2020/01/the-land-report-winter-2019/ Wed, 01 Jan 2020 07:00:52 +0000 https://www.landreport.com/?p=16729 Ready for the 2019 Land Report 100? For starters, we've got a brand new No. 2: the Emmersons, owners of Sierra Pacific Industries. The acquisition of more than 126,000 acres of California forestland moves them to second on the list, behind John Malone and ahead of Ted Turner. The sale of 311,000 acres of Maine timberland bumped No. 9 Peter Buck to No. 7 and dropped Birmingham's McDonald Family from No. 24 to No. 92. The Cullen Heirs — a storied Houston family — join the Land Report 100 at No. 28 with 388,000 acres. And did we mention that No. 8 Brad Kelley just put his 420,000-acre Brewster Ranches in Far West Texas on the market for $319.2 million? How's that for a cover story!]]> 16729 0 0 0 https://landreport.com/2020/01/taller-wooden-buildings/ Fri, 17 Jan 2020 07:00:45 +0000 https://www.landreport.com/?p=16737 LEED PLATINUM | Portions of this 15,000-square-foot school building were built off-site, including structurally strong wood that was glued together.[/caption]

Trees are some of our BEST ALLIES in solving the climate crisis. — Frank Lowenstein, Brian Donahue & David Foster

Across North America, trees stand ready to help us solve the climate crisis. Trees remove carbon dioxide from the atmosphere and store it in their wood. One way to respond to a challenge from the United Nations Secretary General António Guterres to seek “bold action and much greater ambition” on climate change is to protect forests from development, improve forest management, and use sustainably harvested wood to build tall buildings. This will allow us to pump carbon from the atmosphere and store it both in forests and in cities. It will also support rural economies, improve wildlife habitat, and create more affordable housing. This opportunity arises from cross-laminated timber, or CLT. First introduced in the 1990s, it enables architects and engineers to design tall, fire-safe, and beautiful wood buildings. Recent examples in the United States include the seven-story T3 building in Minneapolis, the eight-story Carbon12 building in Portland, Oregon, and a six-story dormitory at Rhode Island School of Design in Providence. In Canada, Norway, Sweden, England, and Australia, even taller wooden buildings are already in use. The Mjosa tower in Brumunddal, Norway, is only 25 feet shorter than the Statue of Liberty. Private industry is gearing up to provide engineered wood for more tall wood buildings here in the United States. This year a highly automated, large CLT plant opened in Washington state. Recently, the first ever CLT plant in New England was announced in Maine. The energy embodied in the materials for new buildings around the world — mostly steel and concrete — accounts for 11 percent of global carbon emissions. Typically, coal is used to heat these materials to temperatures over 2,500 degrees Fahrenheit in the manufacturing process. [caption id="attachment_16739" align="aligncenter" width="588"] CROSS-LAMINATED TIMBER | Commonly referred to as CLT, crosslaminated timber is constructed from 2-by-4 beams that are arranged in perpendicular layers and then glued together to make giant panels.[/caption] Wood, in contrast, is forged from sunlight. A study by scientists from Yale University and the University of Washington showed that expanding wood construction while limiting global harvesting to no more than the annual growth could produce a combination of emissions reduction and carbon sequestration equivalent to eliminating construction emissions altogether. This could take a big bite out of the carbon problem, roughly equivalent to the present contribution from all types of renewable energy. One study conducted by researchers in British Columbia found that building a five-story office building with wood had less than a third of the global warming impact when compared with a steel and concrete building of the same size. Beyond taking less energy to produce, wood buildings store carbon that otherwise would have returned to the atmosphere as those trees died and began to decay. The wooden structure of the new 18-story Brock Commons dormitory at the University of British Columbia in Vancouver, for example, stores 1,753 metric tons of carbon dioxide. That carbon will be locked up for decades, if not a century or more, until the building is torn down, and if the wood is subsequently reused, perhaps even longer. Additional benefits come from the fact that these new wood technologies make it affordable to construct mid-rise housing of 6 to 12 stories. Conventional wood framing is limited to five stories by building codes, or six stories if a concrete first floor is included. The high cost of materials and construction — for example, renting a tower crane and hiring someone to operate it — usually pushes developers working to construct steel and concrete housing to design and build structures of more than 12 stories to provide a suitable return on investment. Transportation hubs in the inner suburbs of cities in the United States are often surrounded by multifamily housing of only five or six stories. With CLT, those buildings could be taller, creating more housing close to trains, subways and buses, and a more compact urban development pattern. That would save forests on the urban fringe from being cut to make way for more housing, and cut emissions and congestion on highways. Taller mid-rise wood buildings would also help lower the cost of housing by increasing supply. To stabilize climate and support the wood building revolution, we need to stop the conversion of forests to other uses — whether to pastures in the Amazon or to shopping malls, houses, and solar arrays near Amherst, Massachusetts. When forests are cleared for housing or other land uses, the carbon stored in the forest is typically released to the atmosphere, and the ability of the forest to capture future carbon is lost. The Harvard Forest and Highstead Foundation are leading an effort to stop the land clearing for development that destroyed over 850,000 acres of forest between 1990 and 2010 and will consume 1.2 million more acres by 2060 absent a new approach. Harvard Forest’s Wildlands and Woodlands vision calls for conserving at least 90 percent of the remaining forests of New England, setting aside 10 percent as wild reserves where no trees are harvested. Retaining 90 percent of New England’s forests not only will help prevent climate change but also will provide about $700 million per year in improved human health and agricultural productivity and will sustain 30,000 jobs— and even more as new urban wood buildings come into their own. A study by scientists from Harvard Forest and the Smithsonian Institution examined the carbon consequences of exemplary management to forests in Massachusetts. The results showed we could double production of wood while maintaining wildlife habitat, clean air and water, forest carbon, and recreation. In the heavily harvested industrial forest lands of Northern New England, there is even more potential for a greater carbon sequestration. The New England Forestry Foundation estimates that with exemplary management, these forests could absorb hundreds of millions of tons of carbon, removing as much carbon from the atmosphere as would be released by all seven million cars in New England for 20 years. Forest ecosystems and wood buildings can be our most important climate allies. We should minimize the conversion of forests, enable more wood construction, and incentivize private landowners to improve their stewardship. Policies to achieve these goals should include greater state and local bonding to amplify the impact of private land conservation funding. Incentives that encourage the construction of wood buildings that are drawn from forests with outstanding management are key to our climate future and the future of the forest. These policies will produce more carbon standing in beautiful, productive forests, which also provide the raw materials for equally beautiful, affordable cities to store even more carbon. This effort could unite rural and urban citizens toward shared goals — a livable climate, a viable economy, and a vibrant, living landscape. From. The New York Times © 2019 The New York Times Company. All rights reserved. Used under license.]]> 16737 0 0 0 https://landreport.com/2020/01/small-towns-are-dying-everywhere-but-here/ Wed, 22 Jan 2020 07:00:32 +0000 https://www.landreport.com/?p=16749

In almost every region of the country, tiny towns and small bergs are drying up and blowing away. The lone exception? Out West. Let’s start with Hamilton, Montana.

BY DAVID LYNCH Photography by Jason Savage As small towns elsewhere saw prosperity pass them by in favor of the big cities, something unusual happened in Hamilton, a rural hamlet tucked in Montana’s Bitterroot Valley: It flourished. Two local boys came home from college and launched a microbrewery that takes in more than $1 million in annual sales. Retirees arrived in droves, drawn by affordable land and recreation opportunities in the area’s snow-frosted mountains and trout-filled streams. And the federal government’s Rocky Mountain Laboratories opened a state-of-the-art biosafety facility to investigate the deadliest viral diseases, including Ebola. As US economic growth in the past decade assumed an increasingly urban character, that diverse set of strengths enabled this town to defy a pervasive narrative of rural decline. Hamilton’s population of 4,728 is up more than 10 percent since 2010, reflecting a Western renaissance that contrasts with the experience of small towns in other regions. “It’s a pretty sweet spot to be in,” said economist Ray Rasker, of Headwaters Economics in Bozeman. “You can have the same job you’d have in Seattle and go fly-fishing in the afternoon. It’s the quality of life. It attracts talent. Pretty soon, talent builds on itself, and word gets out.” [caption id="attachment_16754" align="alignleft" width="325"] PROVEN DRAW | People are more likely to move
to counties with outdoor activities, according to
a study by Headwaters Economics.[/caption] Hamilton has parlayed distinctive attributes into population growth, including proximity to the state’s second-largest city, majestic surroundings, a good supply of college graduates, and a dependable base of federal government employment. All of that makes Hamilton representative of a little-noticed trend. Western towns with fewer than 5,000 residents grew by an average of nearly 8 percent from 2010 to 2017, according to the Census Bureau, while similar-sized communities in the Northeast and Midwest shrank. Those in the South grew barely 1 percent. “It is striking,” said Mark Muro, senior fellow at the Brookings Institution. “Rural towns are doing better in the West. Smaller towns are doing better in the West.” Yet Hamilton offers no obvious formula for success that could be transplanted to the half-empty rural communities that have yet to fully recover from the Great Recession. Other communities could emphasize educating their workforce. But some advantages, including a largely recession-proof federal facility and stunning natural surroundings, aren’t available everywhere. Hamilton’s endurance, instead, only highlights the challenges confronting the nation’s endangered small towns. “Most places are on the wrong side of huge global and technological trends,” said Muro, who is policy director for the Metropolitan Policy Program at Brookings. Hamilton got its start in the 19th century, thanks to Marcus Daly, an Irish copper baron who sought a summer home for his family and a reliable supply of lumber for his business. Today, the big sawmills are mostly gone. The picturesque Main Street, bracketed by mountain views, is lined by two-story brick retailers. Nearly all the residents are white and conservative. In surrounding Ravalli County, Donald Trump beat Hillary Clinton 66 percent to 28 percent. Although some affluent retirees have arrived in recent years, this is not a wealthy rural enclave like Aspen or Jackson Hole. Hamilton’s median household income is $30,000 annually, well below the state’s $50,000 figure, though the gap is significantly narrower for married couples. Among those joining the Hamilton influx were childhood friends Fenn Nelson and Jasper Miller, both 31, who returned here to open a brewery and restaurant after graduating from the University of Montana in Missoula. With a business degree, Nelson took charge of the books, while Miller put his microbiology diploma to use keeping the brewery in working order.   Employing used equipment, they leased a former natural foods emporium and converted it into Higherground Brewing. Inside the low-slung building, the decor is spare: a checkerboard tile floor, stools and a few tables. On a recent night, a dozen customers watched a college basketball game on a television above the bar. One of two breweries in town, Higherground posted $1 million in sales in its sixth year of operations and has been profitable for the past “two to three years,” Nelson said. About 40 percent of its output is sold elsewhere in the state. They had considered locations in Idaho and California, but the men said the advantages of coming home were clear. A local banker, who had known them for years, approved a $162,000 loan that got them started. Miller’s recently retired father pitched in on several projects, providing free labor that would not have been available if they had launched elsewhere. Located an hour south of Missoula, a city of roughly 75,000 with an international airport, a major state university, and a Walmart, Hamilton “is in a great Goldilocks zone,” Miller said. “It’s really accessible.” Hamilton’s relative out-performance — and that of Western towns, in general — comes amid the urbanization of American economic growth. Globalization and technology deeply eroded small towns’ traditional manufacturing role while placing a premium on the skills of the educated digerati in the nation’s largest cities. The West has navigated these shifting economic tides better than other parts of the country. Since 2010, it has been by far the fastest-growing region in the country, according to the Census Bureau, expanding output two-thirds faster than the Midwest and more than twice as fast as the Northeast. Based on measures of new business formation, migration and job churn, Western states are significantly more dynamic than those in the East, said John Lettieri, CEO of the Economic Innovation Group, a Washington think tank. “These are newer economies. They have fewer concrete cinder blocks to drag around behind them as they’re trying to grow,” he said. “There’s an unmistakable East-West divide.” In much of the country, small towns were poorly equipped to capitalize on the new economy of globalized supply chains and high-tech services jobs. But Western towns such as Hamilton were never heavily dependent upon manufacturing. Lacking big factories that could be hollowed out by competition from China or automation, they escaped the job losses that went with them. Hamilton is home to a Glaxo SmithKline plant that produces a vaccine ingredient, but the town’s manufacturing workforce as a share of total employment is one-third smaller than the national average, according to the Census Bureau. In manufacturing-dependent communities, many workers abandoned school before getting a college degree, because good-paying jobs were available without one. Hamilton’s federal lab, which employs about 450, is a continuing reminder of the value of education. The lab’s 36-acre site has its roots in the late 19th century, when lumberjacks returned from the nearby woods with an unusual illness known as “the black measles.” State officials established a modest outpost, which the federal government purchased in 1932, to investigate what was later identified as Rocky Mountain spotted fever. Inside today’s facility, some of the world’s top scientists investigate nature’s toughest challenges, scrutinizing tissue samples with sophisticated electron microscopes and conducting Ebola experiments while wearing full-body biosafety suits. Among those who work here is the researcher who led development of the first Ebola vaccine, which was deployed in the West African outbreak several years ago. Cathryn Haigh, 39, a specialist in rare neurodegenerative diseases, accepted a position at the lab in 2017, moving here from Melbourne, Australia. She grows “mini-brains” from stem cells, which allows her to study maladies such as Creutzfeldt-Jakob disease, a fatal degenerative brain disorder. “I felt Melbourne was just a very anonymous city,” said Haigh, who was raised in a village of 3,000 people in Southwest England. “You were very much lost as just another random person in a crowd. One of the things I love here is the sense of community, the human connection.” People have remarked on the Bitterroot Valley’s natural beauty since 1805, when explorers Lewis and Clark passed through on their way to the Pacific Ocean. Hamilton abuts one of the largest wilderness areas in the country, home to hiking, skiing and fly-fishing, and enjoys a mild climate that has earned the valley the sobriquet “Montana’s banana belt.” The outdoors is more than a scenic backdrop — it’s a pillar of the local economy. Chuck Stranahan, a veteran fishing guide who put himself through college tying flies for a retailer, owns a fishing shop near Main Street. The former California school administrator sells hand-tied flies and charges $500 a day to guide anglers along the Bitterroot River or one of 13 nearby creeks. The recreation industry plays an outsized role in determining the fate of places like Hamilton. In recent years, the recovery of a once-endangered fish, the west slope cutthroat trout, helped spur a surge in outdoor tourism. Some who come here as tourists later stay for good. Bloom, associate director of the federal lab, says Hamilton’s surroundings make recruiting top talent easy. Nationwide, since the recession’s end, people have been more likely to move to counties with outdoor activities than those without them, according to a study by Headwaters Economics. “Recreation may make the difference between gaining or losing population, particularly in rural counties,” the study found. At city hall, Mayor Dominic Farrenkopf, 40, seeks to balance growth and Hamilton’s small town appeal. As evidence of the latter, he notes that he and his wife, Hannah, were born in the same hospital, delivered by the same obstetrician and nurse. He’s pushing the city council to approve plans to attract light industry to an economic development district near the Ravalli County Airport, while navigating anti-growth sentiments. The mayor, who moved back in 2001 after four years in the US Coast Guard, acknowledges that some of his neighbors “don’t want things to change” but says he is optimistic about striking the proper balance. “I don’t see a massive expansion of population. I see a nice steady growth,” Farrenkopf said. “I wouldn’t mind adding another 1,000 people to the city.” But some voices have been raised against unbridled growth. A few years ago, talk of a possible Walmart superstore sparked opposition from residents concerned about potential traffic and the impact on local retailers. A group of homeowners last year sued the FAA over its approval of a proposed runway extension at the airport, a case that remains on appeal. [caption id="attachment_16753" align="aligncenter" width="588"] MONTANA’S BITTERROOT VALLEY | A Western renaissance has propelled the population of Hamilton by more than 10 percent over the last decade.[/caption] “When you say ‘industry,’ it conjures up images of brick buildings belching black smoke out of ugly stacks — and that’s not what we’re prepared to host here,” said Chuck Stranahan. Mark Jergens, 71, who relocated to Hamilton after tiring of big cities such as Houston, Los Angeles and Seattle, says most people here “don’t want to ‘Californicate’ the place.” But gesturing at the traffic moving through town on a recent weekday, Jergens notes that the steady flow once was seen only during peak summer months. The former emergency room physician, who now advises doctors facing malpractice lawsuits, has seen one small community ruined by too much of a good thing. Years ago, he and his wife, Mimi, lived in Gig Harbor, Washington. Today, that once-quaint waterfront town northwest of Tacoma has almost tripled its 1990 size. “I think that’s what eventually will happen here,” Jergens said ruefully. “More people will come.” © 2019 The Washington Post. All rights reserved. Used under license.]]> 16749 0 0 0 https://landreport.com/2020/01/land-report-january-2020-newsletter/ Wed, 15 Jan 2020 07:00:12 +0000 https://www.landreport.com/?p=16756 Our January newsletter features a few of the major changes in this year's Land Report 100 sponsored by Hayden Outdoors. Some of the key movers and shakers include:

• The Emmersons acquire 126,000 acres in California and move up from No. 3 to No. 2.
• Peter Buck acquires 311,000 acres in Maine and vaults from No. 9 to No. 7 overall.
• No. 8 Brad Kelley brings more than 500,000 acres to market, including Brewster Ranches.

For up-to-the-minute reports, follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 16756 0 0 0 https://landreport.com/2020/01/the-price-of-popularity/ Thu, 23 Jan 2020 07:00:58 +0000 https://www.landreport.com/?p=16758 CRITICAL SHORTAGE | In 2018, the water level in Lake Mead dipped so low that the nation’s largest reservoir narrowly avoided mandatory usage cuts.[/caption]

Sparsely populated since the dawn of time, the American West is struggling to sustain burgeoning growth and increasing demands on its resources. One group offering answers? Private landowners.

By KEN MIRR There’s a new phenomenon out West, one that, as a board member of the Western Landowners Alliance, a conservation attorney, and a broker, I’m excited to be a part of. It revolves around private landowners sustainably managing their water resources and their lands for the greater good and for profit. The greater good includes numerous beneficiaries: city dwellers, agricultural producers, flora and fauna, the environment — the list is endless. The profit element centers on public policies and incentives that support and encourage voluntary stewardship of critical resources. In this article, I’m going to focus on two standout examples: Idaho’s Silver Spring Ranch, which flows into the Columbia River system, and The Cottonwood in Wyoming, which contains the headwaters of the Green River, a key tributary of the Colorado River. Both are current listings of mine, and working with their owners and managers has been one of the true rewards of being a broker.

COLUMBIA RIVER WATERSHED

[caption id="attachment_16762" align="aligncenter" width="588"] CRITICAL CARE | Existing Big Wood River diversions and wastewater ponds have recharged ranch aquifers and lowered water temperatures in Silver Creek.[/caption] TOM O’GARA OF O’GARA COACH was originally a fan of Aspen, a Woody Creek regular back in the heyday of Hunter S. Thompson, Don Henley, and John Oates. He migrated north to Sun Valley and bought his breathtaking ranch in 1989. With 3,422 deeded acres, SILVER SPRING RANCH is one of the last remaining examples of a high-desert cold-spring ecosystem in the Western US. In addition to farming and ranching components, the ranch also sustains one of the West’s most significant fisheries, the Silver Creek Watershed, by providing 60 to 75 percent of the flows into Silver Creek’s unique aquatic ecosystem. Credit Mother Nature with the lion’s share of these flows, courtesy of Big Wood River diversions as well as natural springs on the ranch. But Tom and his ranch manager, Brandon Jones, have established a water management system that not only enhances these resources but creates new ones. The Big Wood River and Silver Creek share a complex interconnected water system. The relationship between the surface and groundwater systems is such that any stress or change on one system affects the other. To maximize groundwater recharge and surface outflows, the ranch maximizes surface water inflow, minimizes irrigation from groundwater, and minimizes consumptive water use. This is accomplished through careful management that includes crop choices, harvesting times, soil moisture management, and a suite of other factors that optimize water use and availability. A state-of-the-art monitoring system captures discrete data about water management and its effect on streams and groundwater. The system also helps balance ecological benefits with running a viable ranching and farming operation. Over the years, grazing cattle destroyed many of the streams, springs, and spring heads on the ranch. The effects of this practice combined with direct runoff raised the water temperature of Silver Creek itself. Through significant improvements to the water delivery system, including the ditches, canals, and headgates, as well as reclamation and restoration of the springs and spring heads, the ranch has single-handedly given new life to the springs and lowered the water temperature of the springs and Silver Creek. The ranch also obtained wastewater rights to build recharge ponds that not only cleanse and cool the wastewater, but they have brought up the levels of the underlying aquifer. The ranch’s beef program has moved to organic certification and installed water efficient nozzles on pivots. Now, the ranch offers spectacular habitat diversity including shrubland, riparian forest, and wetlands, all of which provide cover and food for over a hundred bird species, high densities of stream insects, and large trout in the streams. A final endeavor worth mentioning is the creation of a wetland at Silver Spring Ranch funded in part by Ducks Unlimited. This infrastructure was designed to capture additional surface water, recharge the water table, and, of course, enhance waterfowl habitat.

COLORADO RIVER WATERSHED

[caption id="attachment_16763" align="aligncenter" width="588"] WATERWORLD | More than 40 miles of rivers and streams course through  The Cottonwood.
[/caption] FRED BOTUR IS ONE OF THE MOST fascinating individuals I have ever had the good fortune to know. He fled his native Czechoslovakia during a Communist crackdown in 1948 and later became a fixture in New York City as the proprietor of Tennisport, a 16-court tennis club on the East River. In the middle of his many adventures, he acquired one of the most ecologically significant ranches in the West in 1989. Wyoming’s COTTONWOOD RANCH is an 85 square-mile contiguous block of deeded and leased land in the Upper Green River Valley. It boasts some of the most important wildlife in the Greater Yellowstone Ecosystem. In addition to healthy populations of moose, elk, pronghorn antelope, mule deer, sage grouse, raptors, and burrowing owls, The Cottonwood is home to 65 species of concern in Wyoming. The ranch is a migration corridor and provides crucial habitat during the winter months as well as year round for many of these species. In 2014, the declining levels of Lake Mead and Lake Powell led the Upper Colorado River Commission, the Bureau of Reclamation, and four water providers to set up a program to test water conservation strategies that could be part of a drought contingency plan. The goal was to demonstrate the viability of a cooperative and voluntary program that would reduce the likelihood of falling water levels in the two massive reservoirs. The program encouraged farmers and ranchers to voluntarily and temporarily forgo the use of their water resources by not irrigating their fields and pastures. Instead, their waters would replenish the Colorado. With 40 miles of rivers and streams, The Cottonwood is blessed with extensive riverine and riparian corridors. Because of these significant water resources — 6,310 acres of irrigated fields and 76.9 cfs of water — the Boturs were invited to participate in this unprecedented pilot program. Trout Unlimited assisted with this program, which ultimately provided cooler water to streams, improved the overall health of fisheries, and delivered more water to parched residents of Nevada, Arizona, and California. Not only were the Boturs compensated for their voluntary participation, but their award was one of the largest given to a landowner in Wyoming. It goes without saying that this cash flow was a welcome addition to the revenues generated by the ranching and outfitting operations run by Fred’s son, Freddie. While the program has since expired, it appears that similar programs will be introduced to tackle this problem. Working in concert with federal and state agencies and national and local land trusts, the Boturs have placed conservation easements on portions of the ranch and received funding to install pipelines, replace antiquated headgates, and build wildlife-friendly fencing. They also utilize progressive grazing practices on the ranch itself and on surrounding BLM ground. The ranch is working with the BLM on a grazing project that benefits wildlife as well as cattle. These practices have resulted in healthier land and soil, and have enabled willow coverage to expand along Cottonwood Creek. The result is a more stable water table in a critical riparian zone.

CONCLUSION

AN ESTIMATED 80 PERCENT of wildlife utilize privately owned lands. Why such a large percentage? Because Western settlement patterns, past and present, have almost always followed water. This is one of the principal reasons that private landowners own some of the most ecologically diverse lands out West, and it also demonstrates the need to establish incentives to promote the private conservation of water resources. The majority of fertile valley bottoms and accessible water resources are privately managed. The way Westerners look after and monetize these resources impacts everything from agricultural productivity to urban viability, healthy landscapes, and, as I just mentioned, to fish and wildlife. More often than not, water availability, quality, and usage will be essential components of developing any effective long-term solution. Landowners will play a critical role in developing answers to all of these challenges — and more — in the decades to come.]]> 16758 0 0 0 https://landreport.com/2020/01/leading-harvest-sets-the-standard/ Tue, 14 Jan 2020 00:00:49 +0000 https://www.landreport.com/?p=16768 nonprofit organization called Leading Harvest, which debuted in January 2020 at the Land Investment Expo in Des Moines. Leading Harvest’s formal launch at Global AgInvesting in New York City coincided with Earth Day (April 22). [caption id="attachment_16770" align="aligncenter" width="588"] THE CHALLENGE | To develop a viable standard that could be implemented across the greatest portion of agricultural acreage possible.[/caption] “There has been a shift through the years toward environmental sustainability. That has become a major focus,” says Steve Bruere, president of Peoples Company, a farmland brokerage and management firm that is one of the sustainability coalition’s inaugural members. “We have tried to address that in our farm management business, but the farmland industry has lacked a common standard that works across various regions and different crops. So the idea is to create a flexible standard that will work not only in the US but potentially around the world by creating a common measuring stick to judge what sustainability means and what boxes need to be checked.” Peoples Company is one of the 13-member Sustainable Agriculture Working Group (SAWG) that has been formulating this new standard over the last two years. Other members include AsIS Capital, Ceres Farms, Cottonwood Ag Management, Hancock Natural Resources Group, International Farming, Lamb Weston, Nuveen/Westchester, PGIM Agricultural Investments, The Rohatyn Group TRG, UBS Farmland Investors, The Conservation Fund, and Manomet. Combined, the owner/manager members represent approximately 2 million acres of farmland across 22 states and an additional 2 million acres in seven other countries. The members have been working to create a standard that Bruere says “is rigorous and complete, yet also practical and achievable.” The emphasis is on environmental, social, and governance (ESG) that will generate long-term sustainability. “There has been a growing demand for assurance around ESG, and it starts with the consumers,” says Oliver Williams, head of agricultural investments for the Hancock Natural Resource Group, one of the largest institutional managers of agricultural real estate in the US. “Consumers are more interested in knowing where their food comes from, how it’s produced, and whether it’s fundamentally safe. So what we have seen across the board is an increased commitment by the supply chain around sustainable sourcing. But the lack of a universal standard has been problematic when attempting to provide the assurances consumers want. We believe this is a practical application that will ultimately have a profound impact on raising performance as a whole,” Williams says. The standard is performance-based and is designed to help land managers achieve sustainability through continuous improvement. It addresses 14 principles that represent key issues regarding sustainable farming operations, from soil health and conservation and water management to community involvement. “The question our clients have is, ‘What does sustainability mean? And if you want to be sustainable, how do you get there?’” Bruere says. “We’ve tried to put that together with a standard that will meet the interests of all the stakeholders: farmers, landowners, farming communities, the supply chain, and consumers.” [caption id="attachment_16773" align="aligncenter" width="588"] THE FARMER | All too often, sustainability has been tied exclusively to farmers. The new standard incorporates all elements of food production, from soil health to distribution.[/caption] According to Larry Selzer, the roots of Leading Harvest’s sustainability standard go back to a paradigm shift implemented in the forestry sector more than two decades ago. The president and CEO of The Conservation Fund in Arlington, Virginia, Selzer recalls the poor public perception of the pulp and paper industry in the decades after World War II. “There were vast clear cuts and land being managed with no concern at all for long-term environmental stewardship,” Selzer says. “Finally, the industry reached out to a number of groups, including The Conservation Fund, and said, ‘We have to be proactive and change the way these forests are being managed on the ground.’ They wanted to give the public the assurance that the land was being managed responsibly.” This led to the emergence of the first large-scale, natural-resource certification standard nationwide: the Sustainable Forest Initiative (SFI), which Selzer helped pioneer. Today, more than 360 million acres of US forestland is certified to SFI standards, including acreage owned by Land Report 100ers such as John Malone, Ted Turner, the Emmersons, the Reeds, the Irvings, and Peter Buck. “Over the last 20 years, the SFI has fundamentally and profoundly changed the way forests are being managed on the ground and the way the public understands these working landscapes,” Selzer says. “Working farms are in the same place now that working forests were in then. Not because of bad operations, but in the sense that the public has no window into how these lands are being operated and no assurance they are being operated in a responsible fashion,” he says. SAWG used the SFI blueprint to create a similar standard for agricultural farmland. While outlining the 14 points of emphasis, SAWG received input from a broad group of individuals and nearly 50 organizations, including environmental leaders, government agencies, university researchers and professors, farmers, co-ops, and agriculture investment managers. [caption id="attachment_16774" align="aligncenter" width="588"] NEXT STEPS | The immediate goal is complete implementation of the standard by the members in 2020. The ultimate goal is a total paradigm shift on working farmlands in the US and abroad.[/caption] Several members of the working group then field-tested the standard on their own farmland. Bruere says members of the SAWG tested the standard across a wide variety of crops on more than 22,000 acres, including corn, soybeans, wine grapes, almonds, cranberries, pistachios, apples, walnuts, citrus, and peanuts. Hancock Natural Resources Group, one of the SAWG members who tested the standard with a diversity of its properties in California, Washington, and Wisconsin relied on third-party auditors to verify results and suggest areas of possible improvement. Third-party audit will be a requirement for certification once the standard goes live. Bruere says one of the reasons he is enthusiastic about this new standard is because it spreads responsibility for sustainable practices throughout all areas of food production and distribution, not just on farmers. “For too long, people wanted the farmer to address all these sustainability issues,” Bruere says. “So when this working group started coming together, we were excited to see a group of asset owners and landowners come to the table and say, ‘We see ourselves playing a role in this.’ They helped set the tone that this isn’t just about the farmer.” One of the goals that SAWG has for its new standard is simply to confirm to the public that their food products are being produced in a safe and sustainable manner. “We have a big team of farmers who are absolutely exceptional stewards of the land, but they tend to want their actions to speak louder than words,” Williams says. “They’ve been all about, ‘Look at what I’m doing, not what I’m saying.’ These days, thanks to increased access to social media, we also need to think about having our words speak as loudly as our actions.” And, of course, there is always the financial aspect to consider, especially since one of the obstacles cited to widespread sustainability has been cost. But Bruere says this new standard can be followed without affecting potential profits in an industry that, according to the World Bank, produces more than $1.3 trillion of food annually. “I don’t think environmental sustainability and financial sustainability are a competing interest,” Bruere says.“That was one of the big issues when we decided to enroll the acres that Peoples Company manages into the standard. What we found is that managing a farm in a sustainable manner can also have a positive financial impact. There was a lot of effort in making sure that this standard meets the needs of the investor as well as of the farmer and the landowner.” The expectation for 2020 is to more fully implement the standard among the participating members and nonparticipating members and monitor how well it works. The lofty long-term vision is to truly change how working farmland and agriculture operate on a day-to-day basis. “This is a natural evolution of conservation in this country and for working farms,” Selzer says. “It sets the tone for the next era, which is bringing together the environmental movement and the free-enterprise system. And where they converge on these working farms is really exciting and powerful. That is the way to view this new standard as it emerges in the marketplace. This is the next great leap forward for working farms and agriculture in this country. It will set agriculture on a positive trajectory for the foreseeable future.” ]]> 16768 0 0 0 A coalition of farmland owners and operators is introducing a sustainable agriculture standard.]]> https://landreport.com/2020/02/legalization-of-hemp-leads-to-legal-nightmares/ Wed, 05 Feb 2020 07:00:10 +0000 https://www.landreport.com/?p=16778 In Georgia, consumption of hemp and hemp products is legal, but the consumption of cannabidoil (CBD oil) is not. In North Carolina, hemp flower can be sold — except in smokable form. South Carolina allows consumption of CBD oil, but all hemp farmers must be licensed and have their fields approved. In addition, their crops must be tested for THC, the psychoactive compound found in marijuana. Thanks to the legalization of hemp in the 2018 farm bill, things have gotten very confusing very fast. Consider, for instance, the story of this South Carolina farmer, whose farm was raided by dozens of lawmen after he got a thumbs up from the state agriculture department. Click here to read more. ]]> 16778 0 0 0 https://landreport.com/2020/02/peter-buck-acquires-311000-acres-of-maine-timberland/ Fri, 07 Feb 2020 17:32:12 +0000 https://www.landreport.com/?p=16782 Subway cofounder Peter Buck increased his family’s substantial timber holdings in the Pine Tree State from 925,000 acres to 1,236,000 acres by acquiring 311,000 acres from Birmingham’s McDonald family. The acquisition elevates the former nuclear physicist from No. 9 to No. 7 on the Land Report 100 sponsored by Hayden Outdoors. By liquidating their Maine portfolio, the McDonalds dropped from No. 24 to No. 92. Their 163,000 acres are concentrated primarily in their home state of Alabama, where they own more than 123,079 acres, as well as in Oklahoma (32,313 acres), Texas (3,400 acres), and Florida (2,100 acres). Click here to read more. ]]> 16782 0 0 0 https://landreport.com/2020/02/beneath-the-blue-ridge/ Mon, 10 Feb 2020 00:00:23 +0000 https://www.landreport.com/?p=16794 This 7,100-acre landmark has few equals so close to our nation’s capital.[/caption] Long before Lewis and Clark shoved off from Pittsburgh, and more than a century before Horace Greeley exhorted veterans of the Civil War to “go West, young man, and grow up with the country,” the largest landowner in American history hired a distant relative to survey a portion of his five-million-acre estate that straddled “The Blew Ridge.” Thomas Fairfax, Sixth Lord Fairfax of Cameron, was the only peer to reside in the Colonies. But it was not His Lordship’s peerage that endowed him with such vast holdings. It was his mother’s estate. Known as the Northern Neck, the Culpeper lands lay between the Potomac and the Rappahannock Rivers, and they extended from the waters of the Chesapeake all the way to West Virginia. [caption id="attachment_16790" align="alignleft" width="300"] NORTHERN NECK | The five-million-acre estate of Thomas Lord Fairfax extended west from Chesapeake Bay and included much of Northern Virginia and into West Virginia.[/caption] In 1747, Lord Fairfax took up residence on the Potomac, intent on generating greater rents from his holdings. Surveys were required, hundreds of them, and Fairfax selected a tall, strapping teenager for the task, one George Washington. Decades before he led the Continental Army to victory in the War of Independence, the Father of Our Country was a surveyor. Not a planter — he would only become a landowner after he inherited his father’s estate and, later, his brother’s estate, which included Mount Vernon — but a surveyor. The significance of Washington’s chosen profession to the development of our nation is woefully understated. Land has been and remains to this day America’s greatest asset. From Spanish land grants that predate the signing of the Declaration of Independence to the Homestead Act that propelled the settlement of the West, our history is replete with examples of the critical value of a reliable plat. With one in place, progress ensues. Without metes and bounds, the rule of law cannot follow. Instead, what emerges are disputes that last decades and even centuries. No wonder the 16-year-old was singled out by his powerful cousin. Legions of squatters had already taken root on the Northern Neck. How else could Fairfax bring order to his vast holdings, let alone monetize them? Although it was his very first job, Washington was handsomely compensated: “a doubloon ... every day and sometimes six pistoles,” writes Andro Linklater in Measuring America. Linklater notes that Washington’s wages of $100 per week were roughly equivalent to what he would be paid as the first president of the United States 50 years later. Washington subsequently received his surveyor’s license from the College of William and Mary and was named the first surveyor of Culpeper County. In that capacity, he completed more than 190 surveys between 1749 and 1752. One in particular, a township in the northern reaches of the county, stood six blocks long and three blocks wide. In the centuries since, it has never exceeded a few hundred souls. But its excellence is in its name, not its size, for it was the first to be christened Washington nationwide. Today, that township is nicknamed “Little Washington” to distinguish it from our nation’s capital an hour north. [caption id="attachment_16793" align="aligncenter" width="588"] WorldAtlas.com reports that 88 cities and towns in the US bear the name Washington. But the very first is a township in Virginia that Washington surveyed himself.[/caption] Thanks to Patrick O’Connell, who founded the Inn at Little Washington in 1978, this colonial gem has blossomed. The Inn’s Michelin three-star rating and 23 bedrooms and suites have transformed its six blocks into a true destination venue. Some 158 souls now call it home; many are urban refugees seeking an ideal blend of the Virginia hunt country with easy access to Dulles International and D.C. None of these advantages existed when Bill Lane first arrived. The year was 1961, and the CEO of Chicago’s General Binding Corporation was doing what he did best: sensing opportunity. He had already transformed a small trade bindery into a global office products brand. He soon hatched an equally audacious plan. Lane had a pronounced weakness for land. And where the Piedmont meets the Blue Ridge just east of a renowned Shenandoah National Park landmark known as Old Rag, he was smitten. His first purchase, seven parcels in 1961, totalled 3,200 acres. All told, he stitched together 60 separate tracts to create a 7,100-acre farm more typical of the 18th century than the 20th. And all of it can be found just 70 miles from 1600 Pennsylvania Avenue. As an outsider, Lane wasn’t bound to apples, the dominant crop of the region. Instead, he recognized that Eldon’s rolling pastures and generous rainfall were ideally suited to beef cattle. In due course, he had Eldon’s Red Delicious replaced with red-and-white Herefords. Exceptional managers were charged with enhancing productivity, beginning with Bill Oliver, a well respected Virginia stockman. John Genho followed. John’s father, Dr. Paul Genho, served as president of Farmland Reserve and chairman of the board of AgReserves. He also spent nine years as general manager at King Ranch and 17 years managing Deseret Ranches in Florida. [caption id="attachment_16791" align="aligncenter" width="588"] Throughout his life, Bill Lane demonstrated an ability to create enormous value from disparate elements. Over a four-decade span, he did so with General Binding Corporation, the Bell Ranch, and Eldon Stock Farm.[/caption] Given this pedigree, it is no surprise that John Genho has advised breed associations and cattle operations worldwide in the adoption and implementation of genetic testing. Since 2005, John and his family have called Eldon home. Thanks to Bill Lane’s vision, the stewardship of generations of Lanes, and the talents of Bill Oliver and John Genho, Eldon’s 11 square miles embody the best attributes of a stock farm, one that balances a proven grazing operation with judicious timber thinning, valuable hunting leases, and rental income from the sturdy homesteads that once anchored a select number of tracts. A crucial sidebar. Bill Lane took the lessons he learned in Virginia’s Piedmont and subsequently applied them on a much grander scale to one of the most storied ranches in the history of the American West, New Mexico’s famed Bell Ranch. A 656,000-acre Mexican land grant that dated back to 1824, The Bell had been divvied up into six parcels by Waggoner Ranch heir Guy Waggoner in 1947. Five were then sold off. In 1969, Lane learned that The Bell’s 131,000-acre headquarters as well as its iconic brand had come to market. Not only did he acquire the very heart of Pablo Montoya’s grant, but within five years, he had more than doubled the size of his New Mexico holdings to 290,100 acres. [caption id="attachment_16792" align="aligncenter" width="588"] All operating costs are covered by cattle sales, timber harvests, hunting leases, and rental income.[/caption] In 2010, the Lane family found an exceptional steward to continue the legacy of The Bell in John Malone. They are now undertaking a similar quest with Eldon Stock Farm. As with The Bell, the family’s trusted consigliere, Art Schiller, is helming the project. Schiller retained the listing broker on The Bell, C. Patrick Bates of Bates Land Consortium, to market this landmark holding. Since 1970, this seasoned broker has closed 640 transactions involving nearly 2.6 million acres worth more than $2.7 billion. Bates shares the $75 million listing with his son, Scott, and Joseph L. Taggart and Jonathan McGrath of LandVest. “Imagine Bill Lane’s astonishment at being able to assemble a tract like this in the 1960s. Next, consider how much it has appreciated over the 50 years of the Lanes’ stewardship. Lastly, consider its value in another 50 years. Whoever can appreciate this will be our buyer,” Bates says. Scott Bates points out that Eldon holds significant conservation value not only to Rappahannock County but to the entire Chesapeake Bay region.]]> 16794 0 0 0 https://landreport.com/2020/02/land-report-february-2020-newsletter/ Sat, 15 Feb 2020 07:00:51 +0000 https://www.landreport.com/?p=16820 A $30 million price reduction on Boone Pickens' 64,809-acre Mesa Vista Ranch in the Texas Panhandle headlines our February newsletter. Other key stories include:

• Major revisions to WOTUS
• Wolf Point Golf Club Auction
• Lay of the Land Conference Nears
• Florida Buys Orange Hammock Ranch

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 16820 0 0 0 https://landreport.com/2020/02/wotus-redefined-by-epa-and-army/ Mon, 24 Feb 2020 07:00:43 +0000 https://www.landreport.com/?p=16833 A new definition for “waters of the United States” (aka WOTUS) seeks to differentiate between federally protected wetlands and those under state jurisdiction. According to the Environmental Protection Agency and the Department of the Army, the Navigable Waters Protection Rule also fulfills President Trump’s promise to safeguard against pollution and spur economic growth across the nation. “Having farmed American land myself for decades, I have personally experienced the confusion regarding implementation of the scope of the Clean Water Act,” said R.D. James, Assistant Secretary of the Army for Civil Works. “This rule eliminates federal overreach and strikes the proper balance between federal protection of our nation’s waters and state autonomy over their aquatic resources.” Click here to read more. ]]> 16833 0 0 0 https://landreport.com/2020/02/a-gem-of-a-ranch/ Wed, 26 Feb 2020 19:42:32 +0000 https://www.landreport.com/?p=16838 RICH HERITAGE | Historic elements such as settlers’ structures and teepee rings can be found on Diamond Tail.[/caption]

Colorado’s historic DIAMOND TAIL RANCH embodies the best of the Old West with proven profitability.

Quite often the typical working livestock ranch is not the type of place where you want to take family or friends for a vacation. Then again, the picturesque Diamond Tail Ranch in Northern Colorado is not your typical livestock operation. Sure, more than a thousand head of bison and cattle graze on the property, and they require all sorts of equipment and trucks and hands. But this activity is hardly noticeable when compared to the stunning scenery on and around the ranch. The Diamond Tail — which consists of 17,656 deeded acres and another 20,000-plus acres of federal and state leases — spans the entire width of a secluded valley with the Rawah Wilderness to one side, the Roosevelt National Forest on the other, and snow-capped peaks all around. Moose, elk, deer, antelope, bobcat, cougar, and the occasional black bear frequent the ranch’s lush meadows. Some 27 miles of live water, including more than 11 miles of the Laramie River, run through the heart of it all, providing copious amounts of water for irrigation as well as exceptional trout fishing. “There are fewer and fewer places like it these days. Everybody I take there is astounded,” says David R. Duncan, whose father, Ray Duncan, spent decades assembling the ranch. “I’ve been fly fishing and elk hunting on the ranch since I was a kid. I’m still a kid whenever I’m there,” Duncan says. [caption id="attachment_16842" align="aligncenter" width="588"] OLD WEST | Bison graze on protein-rich grasses.[/caption] Because of an array of other time-consuming business interests, including the renowned Silver Oak Cellars in Napa Valley, the Duncan family recently listed Diamond Tail Ranch with Hall and Hall. According to Hall and Hall partner Brian Smith, Diamond Tail is a rare property, one that pays its own way as a money-making agricultural venture while also providing a peaceful getaway for its owners. “Diamond Tail generates enough income from agriculture that it supports the entire ranch, including the recreational component that the owners and their guests get to enjoy. You have all this beauty and recreation paid for year after year because of the ag operation,” Smith says. Located in Colorado’s Larimer County not far from Rocky Mountain National Park, the region was home to the Arapaho and Cheyenne. Old tepee rings can be found on the ranch. Soon after Colorado joined the Union, pioneering homesteaders began to arrive. Several historic structures still stand on the ranch, including old barns, low-ceilinged cabins, and a hilltop chapel. Ray Duncan first set eyes on the Laramie River Valley in the mid-1970s. Although he was in his early forties, the Illinois native had accomplished more than most dare to dream of in a single lifetime: earning a degree from Notre Dame, serving his country in the Korean War, attaining a captain’s rank in the Marine Corps, cutting his teeth as an independent oil and gas operator, and founding Purgatory, the renowned ski resort outside Durango in Southwest Colorado. [caption id="attachment_16843" align="aligncenter" width="588"] An astounding 307 CFS of senior water rights convey with the ranch.[/caption] In 1967, this self-made overachiever relocated his family to Denver to open an exploration office. If that weren’t enough, he opened a second office in Calgary. He also began investing in California vineyards, a venture that would lead to the creation of Silver Oak Cellars in 1972. Duncan eyed the market for a few years before purchasing the first piece of Diamond Tail in 1979. He bought and sold almost a dozen tracts until the ranch reached its current size and configuration. Along the way, he structured ranch operations to generate revenues via livestock sales and grazing leases, an operating model that the ranch still follows. Currently, the Duncans run 750 bison and 300 Corriente cattle. During the summer months, an additional 450 Angus are brought on for short-term grazing. “Diamond Tail is a well-oiled machine. The family has the right number of livestock on the ranch and the right number of people looking after them. Thanks to its profitable agricultural operation, it doesn’t need to have a big commercial hunting or fishing component or guest lodging. All the recreation is reserved for family, friends, and guests. The business operation has no negative impact on the owners’ personal enjoyment of the property,” Smith says. And there certainly is plenty to enjoy, beginning with the wildlife. The diverse topography and vegetation combined with the abundant supply of water entices animals from the surrounding hills to venture into the valley and feed in the meadows. “You can’t go out in the evening without running into at least three different game species, if not five or six,” Duncan says. “If there’s an animal that lives in the American West, it’s probably there on the ranch.” [caption id="attachment_16844" align="aligncenter" width="588"] NO CELL SERVICE | The Duncan family insists on keeping things Western on Diamond Tail.[/caption] Streams and creeks flow out of the surrounding mountains from all sides and empty into the Laramie River as it meanders through the property, creating more than 27 miles of live water. The ranch owns 307.6 CFS of senior water rights and irrigates approximately 3,000 acres. The abundance of water provides ample fishing opportunities. In fact, the ranch still honors members of a fishing club that has been active on the ranch since the early 1900s. “There are families who have been fishing on Diamond Tail for three or four generations. My father decided that legacy was something that shouldn’t be taken away,” Duncan says. And then there are those panoramic views, which are aided by the absence of barbed wire on the ranch. Instead, Diamond Tail uses high tensile electric wire fences, which blend into the landscape when viewed from a distance. “That may sound like a small thing. But when you’re standing there looking across the plain towards the Rawah Wilderness, the valley looks just like it did centuries ago. That’s a special thing.” Duncan says. “I grew up in Colorado and spent my whole life in the American West. I’ve been on a lot of ranches. And that view still stands out to me.” Duncan says it was important to his father to keep the property’s appearance as natural looking as possible, and the family has continued that tradition. As a result, there is no 20,000-square-foot plantation house that dominates the scenery or any artificial fishing banks along the river. “We still don’t have cell service on the ranch, and I’m proud of that fact,” Duncan says. “The Western nature of the ranch always appealed to my dad. And it does to me and my brothers. We still gather on horseback and ride out and check the fences. We have been stewards of the land in such a way to keep the ranch very Western and very real, and that’s by design.” [caption id="attachment_16845" align="aligncenter" width="588"] LARAMIE RIVER | More than 27 miles of live water course through the ranch, including 11 miles of the Laramie, a wild brown fishery.[/caption] Smith believes the authentic nature of Diamond Tail will appeal to potential buyers. The property went on the market for $44.9 million in July, and Smith says there was “already a lot of interest in it” within the first few months. “It’s just such an attractive property,” Smith says. “The natural resources on this ranch are amazing in terms of the setting and the scenery, with all the water on it and the mountains that are around it. I get to see a lot of pretty amazing properties, but this one really blows me away. It ranks very highly against anything I’ve ever seen.” Duncan agrees, which is why there is definitely a bit of melancholy in his voice when he discusses selling Diamond Tail. He recently went bow hunting for elk with an old high school friend and wistfully realized that it might be the final such trip he ever gets to make. “As a retreat to go to and get away from everything, there’s just no place better,” he says. “Every time I’m there, I think about Clint Eastwood and John Wayne. It’s truly the Old West.”]]> 16838 0 0 0 https://landreport.com/2020/03/state-of-florida-to-acquire-orange-hammock-ranch/ Mon, 02 Mar 2020 07:00:53 +0000 https://www.landreport.com/?p=16847 Sunshine State lawmakers approved a significant conservation deal by allocating $19.5 million for the 5,777-acre Orange Hammock Ranch in Sarasota County. Led by Gov. Ron DeSantis, the state cabinet voted unanimously to approve the purchase through the state’s Department of Environmental Protection land conservation program, Florida Forever. Proponents consider the move a response to rapid development in the region. Homebuilders had visions of putting 15,000 homes on the Southwest Florida acreage. Now protected, the pristine property provides a buffer to 120,000 acres of neighboring conservation area around Myakka River State Park, one of Florida’s oldest and largest. The nonprofit Conservation Foundation of the Gulf Coast has pledged $1.5 million toward the effort. Deals like Orange Hammock – an outright purchase of ranchland – are relatively rare compared to the use of conservation easements, which cost less but may restrict public access. Read more here. ]]> 16847 0 0 0 https://landreport.com/2020/03/lanai-vs-molokai/ Thu, 05 Mar 2020 16:30:05 +0000 https://www.landreport.com/?p=16855 WINDS OF CHANGE | Like it or not, Lanai’s new owner has changed the island experience.[/caption]

Two Hawaiian islands. Two large landowners. Two completely different experiences.

BY JIM BYERS On Lanai, they’re putting the finishing touches on a multimillion-dollar remake of the old Four Seasons Lodge at Koele, which is being turned into a sumptuous spa and wellness retreat. Rooms at its sister hotel, Four Seasons Lanai (above), start at about $1,150 a night. Teams of gardeners wander the tidy streets that border Dole Park in Lanai City, picking up white and yellow plumeria that have tumbled to the ground and trimming the grass around the restored movie theater, which has a lawn lush enough to make an Augusta National greens-keeper weep with envy. Some 98 percent of Lanai is owned by Larry Ellison, cofounder and executive chairman of Oracle. His Lanai restoration team, called Pulama Lanai, has 400 workers on the payroll and is working to restore fishponds and replant forests ravaged by wild deer and goats. Ellison’s team has rebuilt the theater, opened a posh new public swimming pool, built a fancy basketball court for Lanai’s only school, and is constructing 10 massive hydroponic gardens to reduce the reliance on imported food. Nine miles away on Molokai, the Kaluakoi Resort has been shuttered for more than a decade. Shrubs and small trees sprout from what used to be a pristine 18-hole golf course. The Lodge at Maunaloa is also closed. Both belong to Singapore-based GL Ltd., the owner of Molokai Ranch. GL Ltd. ceased all resort operations on the 55,000-acre property more than a decade ago. The decision stemmed from being denied permission to build a 200-lot luxury development on 500 acres at La’au Point. (In 2017, GL Ltd. listed Molokai Ranch with Scott Carvill of Carvill Sotheby’s International Realty for $260 million. At press time, however, the ranch was no longer listed for sale at Carvill’s website.) The ferry that brought passengers to Molokai from Maui stopped running a few years ago. You can only get to Molokai by air or private boat now. Scattered about the island are signs that suggest visitors are welcome for a spell but that locals hope it’s not permanent. The Molokai Land Trust has just four full-time workers compared to Pulama Lanai’s 400. The trust relies on its staff and volunteers to do vital environmental work, including clearing Molokai Land Ranch property of invasive kiawe trees that compete with native species. When I visited Molokai two years ago, I sat at the Hotel Molokai one morning and gazed at Lanai, thinking about the difference in approaches the two islands seem to be taking. I returned to both islands this summer and found things aren’t as starkly delineated or as simple as I had thought. Not everyone on Lanai is gaga about the direction the island is taking, and not everyone on Molokai is pleased that there’s no longer a resort with a posh golf course or a place for a splashy dinner. These neighboring islands — both ideal for folks looking for the quiet side of Hawaii — are approaching their futures in distinctly different ways. [caption id="attachment_16858" align="aligncenter" width="588"] BIG KAHUNA | Larry Ellison acquired almost all of Lanai from David Murdock in 2012.[/caption] MOLOKAI SORTS THINGS OUT If you drive east from Molokai’s main town of Kaunakakai, you’ll see a green-and white sign on the side of the road that reads, “Visit. Spend. Go Home.” Farther east, as you near the pristine Halawa Valley, you’ll see another handwritten sign. This one, in part, advises visitors that “Aloha is not an invitation to move here. Respect Molokai and her people.” “Those signs do not represent Molokai,” says Jule Kamakana, who runs the Kamakana Country Store outside Kaunakakai. “A lot of people wish those signs weren’t there.” Sitting under a wind-whipped tarp on west Molokai, where the Molokai Land Trust is doing a lot of work, project coordinator Josiah Ching tells me he’d be happy if someone renovated the Kaluakoi Resort. “I mean, it’s already there, and it’s not attractive the way it is. Someone a few years ago came in and said they wanted to build a resort and golf course on the southwest tip of the island. That’s sacred land, and people are very much opposed to that. But to redo the resort? I don’t see a problem.” Ching and others I spoke with said that this lack of trust is partly responsible for the anti-development current on Molokai. “When Molokai Ranch didn’t get the development they wanted, they shut everything down,” Ching says. “There’s a lot of bad feelings about that, but some people take it to an extreme.” “The island can’t live without visitors,” says Greg Solatorio, who lives in Halawa Valley and runs cultural tours that include waterfall hikes and talks about Molokai culture. “We don’t want Waikiki. It would be OK if the resort came back, but it would be nice if it was educational. We don’t need more hotels handing out plumeria leis and teaching people to say, ‘Hey, brah.’” On the other hand, there’s Tuddie Purdy, who runs Purdy’s Natural Macadamia Nut Farm in Central Molokai. “I’m not anti-American, but they stole this land,” Purdy said when I stopped in for a visit. “They took our queen (Liliuokalani) away in handcuffs.” Putting history aside, Purdy told me Molokai is better protected from overtourism than other Hawaiian islands because its people are more vigilant. “Too many people want to come and buy two or three houses or build a mansion on the hill,” he said. “And then the locals get priced out.” CHANGES TO LANAI On Lanai, almost everyone I spoke with is happy with how the island is changing. “Ellison’s deal to buy the island from David Murdock [the previous majority owner] closed on a Wednesday,” says Mike Carroll of the Mike Carroll Gallery in Lanai City. “Larry announced his plan to fix up the community pool on Friday of that week. What he’s done with Hotel Lanai (the small hotel in town that Ellison owns) and with the swimming pool and the theater and other projects is amazing.” “You have your critics; every community does,” says Jenna Majkus, who runs Local Gentry in Lanai City. “Murdock was a cash-poor billionaire. But Larry is spending money. I’m the mother of an 11-year-old girl, and he’s put a lot of money into kids’ programs. There are now feeder sports for the high school, which gives my daughter something to do. We never had that before.” “It’s odd to work for a company where it’s not all about cutting costs,” says Harrilynn Kameenui, a senior vice president at Pulama Lanai. “When we get change orders for work we’re doing, it’s to make things better.” Kameenui said she’s all in favor of visitation to her island. To a point. “We don’t want another Oahu. We want to keep things pristine, and we want people to come and be a part of what we’re doing here,” she says. Of course, not everyone is enamored with the shiny, new Lanai. One store owner tells me that Ellison has done a nice job of fixing things but that his grocery store, Richard’s, is “way too expensive.” “Ellison’s just doing this stuff to impress his friends,” another long-time Lanai resident says. Not everyone shares this opinion regarding Ellison’s motivation. “All I can tell you is that he’s committed to helping the island become something that can become self-sustaining,” Kurt Matsumoto, the chief operating officer of Pulama Lanai, tells me during a telephone interview. “Larry is a passionate person, and this isn’t a flash-in-the-pan type of interest. There’s truly a commitment to quality,” Matsumoto says. “We’re not selling tours where people go plant a tree on the mountain and pay $250 for the privilege. He’s doing the work because it’s the right thing to do,” Matsumoto adds. A young tour guide showed me around Lanai one morning. She said not everyone can grasp what’s happening on the island. “It’s maybe not as much as Molokai, but I think there’s still some distrust,” she says. “I’d say people are cautiously optimistic.”]]> 16855 0 0 0 https://landreport.com/2020/03/cunningham-sheep-co-joins-land-report-100-at-no-73/ Mon, 09 Mar 2020 07:00:29 +0000 https://www.landreport.com/?p=16859 Anyone familiar with the striking designs of Native American-inspired trade blankets by Pendleton Woolen Mills knows this family. For over a century, the renowned mill has relied on local providers in Eastern Oregon such as Cunningham Sheep Co. for the raw wool that goes into their blankets, jackets, and other products. Founded by Charles Cunningham in 1863, this outfit was acquired by Mac Hoke in the 1930s. In the 90 years since then, the one thing that hasn’t changed is that Mac Hoke’s descendants — the Coreys and the Levys — still run registered Rambouillet sheep that produce such fine wool. Click here to read more. ]]> 16859 0 0 0 https://landreport.com/2020/03/the-land-report-top-ten-winter-2019/ Wed, 11 Mar 2020 00:00:38 +0000 https://www.landreport.com/?p=16862 TESNUS RANCH | BREWSTER RANCHES, Brewster County, Texas[/caption]

A 420,000-acre collection of ranches assembled over decades, BREWSTER RANCHES is the new national No. 1. — The Editors

1. BREWSTER RANCHES | $319.2 MILLION NEW! This massive assemblage of 420,000 acres in the Big Bend country of Far West Texas consists of five major ranches available singly or as a mega ranch. Listed with King Land & Water. 2. GATEWAY CANYONS | $279 MILLION Discovery Channel creator John Hendricks’s 6,900-acre West Creek Ranch on the Colorado–Utah line is being offered in conjunction with his adjacent 72-room full-service resort, Gateway Canyons. Kerry Endsley with LIV Sotheby’s International Realty has the listing. 3. MESA VISTA RANCH |  $220 MILLION REDUCED!  The trustees overseeing Boone Pickens’ 100-square-mile Texas Panhandle sanctuary have reduced its price by $30 million. (read here for complete details.) Listed by Monte Lyons of Hall and Hall and Sam Middleton of Chas. Middleton and Son. 4. SOUTHAMPTON ESTATE | $145 MILLION NEW! This 42-acre compound on the Atlantic coast features almost a quarter-mile of beachfront. The 20,000-square-foot residence has 12 bedrooms, 12 bathrooms, and 3 partial baths. Improvements include a guest house, pool, and tennis court. 5. GEMINI | $137.5 MILLION Originally listed for $195 million, the Ziff family’s Palm Beach estate fronts both the Atlantic Ocean and the Intracoastal Waterway. Listed with Todd Peter and Cristina Condon of Sotheby’s International Realty. 6. BULL SPRINGS SKYLINE FOREST | $127 MILLION NEW! A matchless investment opportunity just outside bustling Bend, Oregon, these 32,995 deeded acres of productive timberland offer significant recreational and development potential. Listed by Bart Miller and Robb Van Pelt of Mason Morse Ranch Company. 7. EL RANCH TAJIGUAS |$110 MILLION NEW! An impossibly beautiful swath of 3,500 acres along the Gaviota Coast north of Santa Barbara, this seaside tract can be traced back to California’s Spanish heritage. Aaron Kirman of the Estates Division of Compass Real Estate Los Angeles has the listing. 8. PUMPKIN KEY | $95 MILLION A 26-acre island, Pumpkin Key sits between Key Largo and the Florida mainland. Improvements include a main residence, two caretaker’s cottages, a dock master’s apartment, and an office. Russell Post of Ocean Sotheby’s International Realty has the listing. 8. VEALE RANCH | $95 MILLION The main gate to this 3,790-acre ranch stands just 11 miles west of downtown Fort Worth. Bryan Pickens of Republic Ranches has the listing. 10. NOTTINGHAM RANCH | $89 MILLION Originally offered at $100 million in 2017, this historic Colorado ranching operation beneath the Flat Tops Wilderness Area is listed with Ed Swinford and Brent Rimel with Slifer Smith & Frampton.]]> 16862 0 0 0 https://landreport.com/2020/03/land-report-100er-brad-kelley-lists-420000-acres-in-trans-pecos-with-king-land-water/ Thu, 19 Mar 2020 07:00:09 +0000 https://www.landreport.com/?p=16870 Pieced together over a span of decades, this massive single block of ranchland, which spans 57 miles from east to west, is an assemblage of 22 historic ranches, many of which date back to the settlement of the Texas frontier in the late 19th century. In addition to being marketed as a single mega ranch for $319 million, the five principal components of Brewster Ranches are available individually: 196,000-acre Dove Mountain Ranch for $149,940,000; 117,000-acre Rio Texico Ranch for $85,995,000; 52,022-acre Y.E. Mesa Ranch for $40,317,050; 34,123-acre Horse Mountain Ranch for $28,151,475; and 19,814-acre Tesnus Ranch for $15,554,171. Click here to read more. ]]> 16870 0 0 0 https://landreport.com/2020/03/john-malone-2019-land-report-100-sponsored-by-hayden-outdoors-real-estate/ Mon, 23 Mar 2020 07:00:35 +0000 https://www.landreport.com/?p=16874 THE BELL || In addition to its cattle and horse operations, John Malone’s Bell Ranch acts as a giant carbon capture.[/caption] To the nation’s largest landowner, one of the most valuable attributes of his timberland and ranchland holdings is the benefits to society of good stewardship. In Maine, for instance, Malone’s million-plus acre BBC LAND holdings use photosynthesis to absorb enormous amounts of carbon dioxide, the main heat-trapping greenhouse gas found in fossil fuel emissions. (Keep in mind that the US Forest Service estimates that our nation’s forests offset between 10 and 20 percent of the country’s annual carbon emissions.) Although the means are different out West on Malone’s SILVER SPUR RANCHES, the end is equally laudable. At New Mexico’s BELL RANCH, sustainable grazing practices ensure the health and balance of native grasses and prairie while keeping carbon sequestered in undisturbed soils. Only horses’ hooves and cow tracks impact grasslands and soils, storing carbon, reducing erosion, and ensuring food security.

Click here to see the 2019 Class of America’s largest landowners.

]]> 16874 0 0 0 https://landreport.com/2020/03/emmerson-family-2019-land-report-100/ Wed, 25 Mar 2020 07:00:26 +0000 https://www.landreport.com/?p=16877 16877 0 0 0 https://landreport.com/2020/03/r-i-p-boone-pickens/ Thu, 26 Mar 2020 07:00:36 +0000 https://www.landreport.com/?p=16880 BOONE PICKENS (1928–2019)[/caption]

No matter how you cut it, the guy was ONE OF ONE.

AS CHIEF OF STAFF for Boone Pickens, I enjoyed a front-row seat watching him create his larger-than-life legacy. Over the years, I, like so many others, became a fan of his Booneisms, pithy quips on life’s ups and downs. Sharing a few is the best way I know to toast his character and remember his razor-sharp wit. Corporate America. “Far too many executives are more concerned with the four P’s – pay, perks, power, and prestige – rather than making profits for shareholders.” Philanthropy. “I love making money. But I also love giving it away. Not as much as I do making it, but it’s a very close second.” Tough Times. “There’s nothing better than to be the underdog.” Goals. “A fool with a plan can outsmart a genius with no plan any day.” The Facts. “As my father used to say, ‘There are three reasons we can’t do it. First, we don’t have the money, and it doesn’t make a damn about the other two.” The secret of Boone’s success? I have no doubt: his beloved Mesa Vista Ranch. You could set your watch by Friday’s four o’clock flight from Love Field to Roberts County. Come Monday morning, a new man returned to Dallas ready to prove that, despite his advancing age, he was still more than capable of the greatness that had become his calling card. Now Boone is gone. He passed away at 91 from natural causes on September 11. And we’re all at a loss. R.I.P., Sir. Sincerely, Jay Rosser DALLAS]]> 16880 0 0 0 https://landreport.com/2020/03/land-report-march-2020-newsletter/ Sun, 15 Mar 2020 07:00:58 +0000 https://www.landreport.com/?p=16890 Highlights from our March newsletter include:

• Insights and observations on coronavirus impacting markets.
• Farmers suffer as Saudis and Russians send oil prices plummeting.
• Land Report 100er brings 500,000 acres to market in Texas and New Mexico for $500 million.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 16890 0 0 0 https://landreport.com/2020/04/2020-land-report-texas-issue/ Wed, 01 Apr 2020 07:00:04 +0000 https://www.landreport.com/?p=16898 A slew of must-read stories in our 2020 Texas Issue including:

• Hunting for a Cure: Henry Chappell's in-depth cover story goes behind the scenes at the Rolling Plains Research Ranch to analyze the decades-long effort by Texas quail hunters and the team of researchers working with Dr. Dale Rollins to counter the deadly drop in quail numbers statewide.
• Brad Kelley Brings Over 500,000 Acres to Market: One of America's leading landowners, this Land Report 100er lists a Texas-sized portfolio of ranches for a cool $500 million.
• Conservation's Greatest Night: Dallas's Carl Allen of Allen Exploration is honored by the Park Cities Quail Coalition with the 2020 T. Boone Pickens Lifetime Sportsman Award.
• Texas Land Values: Land values moved up statewide in 2019 to just below $3,000 per acre. Check your land's value with regional figures courtesy of the Real Estate Center at Texas A&M.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 16898 0 0 0 https://landreport.com/2020/04/ted-turner-2019-land-report-100-sponsored-by-hayden-outdoors-real-estate/ Fri, 03 Apr 2020 07:00:03 +0000 https://www.landreport.com/?p=16901 EUREKA MOMENT | One small step for this Bolson Tortoise hatchling. One giant leap for an imperiled species.[/caption]

Ted Turner | No. 3

2,000,000 ACRES

In an event that was centuries in the making, three Bolson Tortoises emerged from their shells on Ted Turner’s ARMENDARIS RANCH in the Chihuahua Desert of South Central New Mexico. Once thought to be extinct, wild Bolson Tortoises had been absent from the United States for more than 10,000 years. This rebirth was made possible by the efforts of the Turner Endangered Species Fund, a non-profit dedicated to preserving nature by ensuring the persistence of imperiled species and their habitats with an emphasis on private land. The hatchlings have since joined their older siblings — who were born in incubators — in a predator-proof pen on the LADDER RANCH, another Turner property located west of Armendaris. The goal is for the hatchlings to eventually be released into the wild. The Armendaris and Ladder collectively comprise more than 500,000 acres of Chihuahuan grassland, desert scrub, and riverine mixed forest. Currently, they are the only restoration sites in the US for the Bolson Tortoise.

Click here to see the 2019 Class of America’s largest landowners.

]]> 16901 0 0 0 https://landreport.com/2020/04/corn-farmers-brace-for-drop-in-demand/ Wed, 08 Apr 2020 07:00:42 +0000 https://www.landreport.com/?p=16905 The coronavirus pandemic is resulting in lower demand for gasoline and negatively impacting demand for corn used for ethanol. According to Todd Hubbs at the University of Illinois, gasoline consumption could dip 15 to 20 percent in the coming months, resulting in decreased demand for corn used for ethanol production of more than 170 million bushels. A price war between Saudi Arabia and Russia is worsening the problem. “If the historical pattern of feed and residual use in corn holds this marketing year, the second quarter use may be near 1.547 billion bushels,” wrote Hubbs in his mid-March report titled “Corn Demand over the Near Term.” Hubbs noted that the March 1 corn stocks (due out the last day of the month) could reveal how quality issues and low corn prices impact rations. Click here to read more. ]]> 16905 0 0 0 https://landreport.com/2020/04/usda-announces-agriculture-innovation-agenda/ Mon, 13 Apr 2020 19:32:50 +0000 https://www.landreport.com/?p=16911 Secretary of Agriculture Sonny Perdue says the initiative seeks to align private and public sector research in order to increase US ag production by 40 percent while cutting the environmental footprint in half by 2050. “We know we have a challenge facing us: to meet future food, fiber, fuel, and feed demands with finite resources,” said Perdue. “USDA’s Agriculture Innovation Agenda is our opportunity to define American agriculture’s role to feed everyone and do right as a key player in the solution to this challenge.” The plan targets food loss and waste, aiming to curb both by 50 percent over the next decade. Greenhouse gas, water quality, and renewable energy are other key benchmarks. Click here to read more. ]]> 16911 0 0 0 https://landreport.com/2020/04/tillable-digs-deep/ Thu, 16 Apr 2020 07:00:12 +0000 https://www.landreport.com/?p=16926 It calls itself “the Airbnb of farmland,” but a lot of tenant farmers are using much saltier language to describe Chicago-based technology platform Tillable. Naysayers took to Twitter and Facebook to voice concern about the company’s intention to disrupt the long-established landlord-tenant model on leased farmland, which accounts for 40 percent of the acreage farmed nationwide. On a podcast released in late February, Rob Sharkey (“the Shark Farmer”) quizzed CEO Corbett Kull about how Tillable arrives at its price-per acre. Kull explained that his company, which launched in 2017, looks at everything from property taxes to yield in order to arrive at what it deems fair market value. Tillable then mails letters to prospective landowners, floating possible payments. Farmers have balked at what they feel is a system designed to upend stability. Some contend that Tillable has been going behind their backs to poach the land they farm. Click here to read more. ]]> 16926 0 0 0 https://landreport.com/2020/04/city-of-san-angelo-sells-864-acres-for-1500-per-acre/ Thu, 23 Apr 2020 00:00:47 +0000 https://landreport.com/?p=16937 HERE.]]> 16937 0 0 0 https://landreport.com/2020/04/land-report-april-2020-newsletter/ Wed, 15 Apr 2020 07:00:40 +0000 https://landreport.com/?p=16941 Our April newsletter showcases the debut of our 2020 Texas special issue, which features an in-depth look at the battle to save bobwhite and blue quail. Other quick reads include:

• Land values in Nebraska rise 3 percent
• Illinois farmland holds steady at $10,500 per acre
• A Florida citrus grove listed for $16.75 million sells

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 16941 0 0 0 https://landreport.com/2020/04/cullen-heirs-join-land-report-100/ Thu, 30 Apr 2020 07:00:34 +0000 https://landreport.com/?p=16946 The storied Houston family calls 388,000 acres in and around Harris County theirs thanks to the vision of patriarch Hugh Roy Cullen (1881–1957). After owning a seat on the Houston Cotton Exchange, Cullen turned to the oil business, pioneering now common practices such as deep drilling in abandoned oil wells. In 1932, he discovered the Tom O’Connor oil field, which went on to produce in excess of one billion barrels. During his lifetime and beyond, Cullen helped shape the region, focusing much of his philanthropy on the nascent University of Houston. Since its inception in 1949, the Cullen Foundation has distributed more than $500 million in grants for the arts and healthcare plus education. The Land Report 100 is the Magazine of the American Landowner’s annual look at the top landowners in the US. Click here to read more. ]]> 16946 0 0 0 https://landreport.com/2020/05/cares-act-directs-49-billion-to-agricultural-producers/ Fri, 01 May 2020 17:36:12 +0000 https://landreport.com/?p=16950 From that total, the Secretary of the Department of Agriculture received $9.5 billion to roll out an array of food- and ag-related benefits. Funding includes relief for farmers affected by COVID-19 with an emphasis on specialty crop farmers and producers who supply local food systems, along with farmers markets, restaurants, and schools. Livestock producers and dairy farmers throughout the nation are likewise eligible for assistance. Beyond enhanced funding for the Supplemental Nutrition Assistance Program (SNAP), child nutrition programs received an additional $8.8 billion to ensure that children and low-income families have access to food. The Commodity Credit Corporation (CCC), meanwhile, received a $14 billion replenishment for the 2020 fiscal year. The CCC, which dates to the Great Depression, stabilizes, supports, and protects farm income and prices while helping to maintain supplies of agricultural commodities. Click here to read more. ]]> 16950 0 0 0 https://landreport.com/2020/05/highland-hideout/ Mon, 04 May 2020 00:00:30 +0000 https://landreport.com/?p=16953 Beyoncé is no stranger to blazing trails in the music industry. Now she can add hospitality trendsetter to her resume. Just one snapshot of the Houston-born entertainer hula hooping at a quiet Marfa ranch in 2012 was enough to make Ford and Lindsay Smith’s vacation property a must-visit travel destination. After the photo was shared, people began asking to book their private rural gem.

The Austin couple’s Far West Texas getaway, a nearly 3,000-acre expanse better known as Ranch 2810, is now available for rent for $5,500 per night with a three-night minimum. Guests can book Ranch 2810 online at Explore Ranches, a Lone Star State startup that leases private properties to travelers who want to enjoy rural Texas without crowding into traditional accommodations. (See Land Report Texas 2019.)

[caption id="attachment_16956" align="aligncenter" width="588"] LOCAL COLOR | Native trees and vegetation blend with the site’s textures.[/caption]

Explore Ranches founders Jay Kleberg, Allison Ryan, and Jesse Womack launched the niche rental site in December 2018. It offers a variety of parcels throughout the Southwest. The 8,000-square-foot modern structure south of Marfa was designed by Houston architect Carlos Jiménez, a professor at Rice University’s School of Architecture. It was originally commissioned by Tim Crowley, a litigator who moved to Marfa in 1997. A former board member of Marfa’s Chinati Foundation, Crowley is also known as one of the founders of the Marfa Book Co. He also launched the nonprofit Crowley Theater and built the Hotel Saint George. Jiménez’s striking vision is perched atop a flat hilltop, which offers panoramas of the Chihuahua Desert through tall windows that allow natural light to flow inside. Clean lines accentuate and frame the home’s surrounding vistas.

[caption id="attachment_16957" align="aligncenter" width="588"] ELBOW ROOM | Parties of 10 can readily bunk at Ranch 2810.[/caption]

Guests at Ranch 2810 have the option of enhancing their stay with add-on experiences from Explore Ranches. These include nature adventures as well as art-centric activities in Marfa. One unique perk of renting this rural gem: You can say that you camped out on Beyoncé’s hula hooping grounds.

© Houston Chronicle 2020. All rights reserved. Used under license.

]]> 16953 0 0 0 Now you can book the Marfa Ranch made famous by Beyoncé.]]> Beyonc\u00e9 is no stranger to blazing trails in the music industry. Now she can add hospitality trendsetter to her resume. Just one snapshot of the Houston-born entertainer hula hooping at a quiet Marfa ranch in 2012 was enough to make Ford and Lindsay Smith\u2019s vacation property a must-visit travel destination. After the photo was shared, people began asking to book their private rural gem.<\/p>

The Austin couple\u2019s Far West Texas getaway, a nearly 3,000-acre expanse better known as Ranch 2810, is now available for rent for $5,500 per night with a three-night minimum. Guests can book Ranch 2810 online at Explore Ranches, a Lone Star State startup that leases private properties to travelers who want to enjoy rural Texas without crowding into traditional accommodations. (See Land Report Texas<\/em> 2019.)<\/p>[caption id=\"attachment_16956\" align=\"aligncenter\" width=\"588\"]<\/a> LOCAL COLOR |<\/strong> Native trees and vegetation blend with the site\u2019s textures.<\/em>[\/caption]

Explore Ranches founders Jay Kleberg, Allison Ryan, and Jesse Womack launched the niche rental site in December 2018. It offers a variety of parcels throughout the Southwest. The 8,000-square-foot modern structure south of Marfa was designed by Houston architect Carlos Jim\u00e9nez, a professor at Rice University\u2019s School of Architecture. It was originally commissioned by Tim Crowley, a litigator who moved to Marfa in 1997. A former board member of Marfa\u2019s Chinati Foundation, Crowley is also known as one of the founders of the Marfa Book Co. He also launched the nonprofit Crowley Theater and built the Hotel Saint George. Jim\u00e9nez\u2019s striking vision is perched atop a flat hilltop, which offers panoramas of the Chihuahua Desert through tall windows that allow natural light to flow inside. Clean lines accentuate and frame the home\u2019s surrounding vistas.<\/p>[caption id=\"attachment_16957\" align=\"aligncenter\" width=\"588\"]<\/a> ELBOW ROOM |<\/strong> Parties of 10 can readily bunk at Ranch 2810.<\/em>[\/caption]

Guests at Ranch 2810 have the option of enhancing their stay with add-on experiences from Explore Ranches. These include nature adventures as well as art-centric activities in Marfa. One unique perk of renting this rural gem: You can say that you camped out on Beyonc\u00e9\u2019s hula hooping grounds. <\/span><\/span><\/p>

\u00a9 <\/em>Houston Chronicle 2020. All rights reserved. Used under license.<\/em><\/p>","drop_cap":"yes","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"cf0b1ef"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2020/05/covid-19-losses-forecast-at-10-billion-for-ethanol-industry/ Tue, 05 May 2020 07:00:43 +0000 https://landreport.com/?p=16958 The one-two punch of slashed production rates combined with a pandemic-related drop in demand could send US ethanol sales plummeting by a third for 2020, according to the Renewable Fuels Association. With 40 percent of every row of corn and one third of the annual sorghum crop planted to create ethanol, many American farmers expect to feel the pinch. In January, the industry supported 350,000 jobs across all sectors. RFA projections show that number dropping to 280,000 for the year with the industry’s contribution to the GDP shrinking by as much as a third. April’s federal agriculture relief package excluded assistance for ethanol. The RFA is urging leaders on Capitol Hill to come together on behalf of those farmers. Click here to read more. ]]> 16958 0 0 0 https://landreport.com/2020/05/land-to-table-raw-pecans/ Fri, 08 May 2020 07:00:04 +0000 https://landreport.com/?p=16969 INDIGENOUS | The state tree of Texas, the pecan is native to 152 Texas counties, particularly those with river valleys.BY ERIC O'KEEFE[/caption] Credit M.W. DURHAM SR. with creating this flagship brand a century ago. During the depths of the Great Depression, the Central Texas entrepreneur set out tables piled high with fresh pecans and paid eager locals by the pound to shell them. Production techniques may have changed, but the finished product is just as delicious: raw or roasted, halves or pieces, frosted with cinnamon, dipped in milk chocolate, pressed into oil, or baked in brittle. Friends of mine ship Durham-Ellis gift baskets around the world to rave reviews! DURHAMPECAN.COM | $9.95 per pound]]> 16969 0 0 0 https://landreport.com/2020/05/between-two-rivers/ Mon, 11 May 2020 07:00:58 +0000 https://landreport.com/?p=16973 HILL COUNTRY | A calm Sabinal River slowly meanders through wooded areas in the Texas Hill Country.[/caption]

Poet John Poch and photographer Jerod Foster have created a tribute to some of the most iconic landscapes in the LONE STAR STATE.

The territory between the Brazos River and the Rio Grande is beyond vast. Most Americans have no idea of its enormity, but Texas Tech faculty members John Poch and Jerod Foster do. Paging through their captivating study reveals their epic journeys: Poch in words and Foster in images. Their splendid collaboration — Between Two Rivers (Texas Tech University Press) — celebrates a shared affinity for the waterways and the landscapes that lie between them. “I met Jerod in Junction,” John Poch told me recently. “We talked about collaborating one day. Later, when I asked him if he wanted to do a book about rivers with me, he said yes. He put me onto some really amazing waters on Nature Conservancy properties like Independence Creek and the Devils River. We both had existing work to draw from, but we also created a lot of new content for the book. It sure was nice to get a foreword from [Texas author] Rick Bass.” [caption id="attachment_16976" align="aligncenter" width="588"] BIG BEND | Ocotillo and a shallow Rio Grande near Presidio.[/caption]

THE RIO GRANDE (SOUTH)

Cascabel of liquid days weaving inaudible Zs in your long slow passages where your scales weigh in the balances the lights and grays reflecting quartz and dust, how do you fuse two visions into one tongue forked now and then with such thirst wandering through this long brown chasm?

With rain you might wake and wash the foothills, for heaven’s sake rolling over stones, the ocotillo jealous of your distance, the roots of juniper and willow reaching to touch the ragged hem of your garment. Iridescent, as if risen, you leave behind your holy ghost. — JOHN POCH

[caption id="attachment_16977" align="aligncenter" width="588"] HILL COUNTRY | A late spring thunderstorm moves over the Dolan Falls, the largest waterfall by volume in Texas.[/caption] ABOUT THE AUTHORS John Poch’s poetry has won many awards, including Discovery/The Nation Award, the Donald Justice Poetry Prize, and the New Criterion Poetry Prize. Lensman Jerod Foster is a natural history and travel photographer whose work has appeared in Texas Highways, Texas Parks & Wildlife, The New York Times, and The Texas Tribune.]]> 16973 0 0 0 https://landreport.com/2020/05/nebraska-farmland-rises-3-percent/ Tue, 12 May 2020 07:00:21 +0000 https://landreport.com/?p=16978 Per the newly released 2020 Nebraska Farm Real Estate Market Survey, conducted by the Department of Economics at the University of Nebraska-Lincoln, the current average value of the state’s ag land comes in at $2,730 per acre. Prices peaked back in 2014 at $3,315 per acre. Industry professionals — appraisers, farm and ranch managers, and agricultural bankers throughout Nebraska — contributed to the research, which pointed to the limited supply of land for sale as a significant reason behind the increase. Estimated market value of grazing land rose as much as five percent among the state’s eight regions with major cow-calf pair areas in North and Central Nebraska also sharing credit for the upswing. Though uncertainty concerning the production of sugar beets was deemed a “negative force” by the study’s researchers, dryland and irrigated cropland compensated to boost overall values. Click here to read more. ]]> 16978 0 0 0 https://landreport.com/2020/03/land-report-top-ten-texas/ Sun, 15 Mar 2020 07:00:11 +0000 https://landreport.com/?p=16984 STRATEGIC INVESTMENT OPPORTUNITY | On the market for the first time, these 6,277 acres of managed timberland sit directly north of Houston.[/caption] 01. NEW! BREWSTER RANCHES | $319.2 MILLION This massive assemblage of 420,000 acres in the Big Bend country of Far West Texas consists of five major ranches that are available individually or as a single mega ranch. Click here for more details. Listed with King Land & Water. 02. SANDOW LAKES RANCH | $250 MILLION Owned by Alcoa, this 33,777-acre property has 14 lakes and massive water rights. Bernard Uechtritz of Icon Global has the listing. 03. REDUCED! MESA VISTA RANCH | $220 MILLION Boone Pickens’ 100-square-mile paradise has been deemed “arguably the finest quail hunting spot in the known universe.” The Mesa Vista features its own 6,000-foot, FAA-approved airstrip and a 25,000-square-foot hangar. Listed by Monte Lyons of Hall and Hall and Sam Middleton of Chas. Middleton and Son. 04. DOVE MOUNTAIN RANCH | $149.9 MILLION The north entrance to these 362 square miles lies just 30 minutes south of Marathon’s renowned Gage Hotel. Dove Mountain ranks as Texas’s last frontier and includes numerous landmarks such as Black Mountain, Shely Peaks, Pine Mesa, San Francisco Creek, and, of course, Dove Mountain. For more details, turn to page 61 in our Texas issue. Listed with King Land & Water. 05. RANCHO AGUA GRANDE | $100 MILLION One of the largest live water listings on the market in Texas, these 17,132 acres are located 25 miles northwest of Uvalde and are currently run as a commercial hunting operation. Listed with Howard Hood of Hood Real Estate. 06. VEALE RANCH | $95 MILLION The main gate to this 3,790-acre ranch stands 11 miles southwest of downtown Fort Worth. Bryan Pickens of Republic Ranches has the listing. 07. RIO TEXICO RANCH | $89.9 MILLION Strategically located between Big Bend National Park and Black Gap Wildlife Management Area, these 117,000 acres are run as a traditional cattle ranch. For more details, turn to page 59 in our Texas issue. Listed with King Land & Water. 08. EAGLE MOUNTAIN & CARRIZO MOUNTAIN RANCHES | $60.5 MILLION These two ranches form a remarkable sky island on a par with the Chisos or the Davis Mountains. For more details, turn to page 64 in our Texas issue. Listed with Chas. S. Middleton & Son and King Land & Water. 09. MONTGOMERY COUNTY TIMBER | $50.1 MILLION Located north of Houston and halfway between Interstates 45 and 69, these 6,277 acres (pictured above) feature substantial frontage as well as multiple points of access. Listed with Andy Flack of HomeLand Properties. 10. NORTHRUP PIPE CREEK RANCH | $49.9 MILLION At more than 5,000 acres, this well-watered Hill Country holding has been stewarded by the same family for 80 years and sits half an hour from San Antonio. Bernard Uechtritz of Icon Global has the listing.]]> 16984 0 0 0 https://landreport.com/2020/05/illinois-farmland-holds-steady/ Tue, 19 May 2020 07:00:49 +0000 https://landreport.com/?p=16988 So concluded a year-end survey conducted in February that asked Illinois appraisers and farmland real estate brokers for their take on the market. Despite considerable swings in commodities pricing, the value of excellent quality farmland did not take a hit in 2019. “Farmland remains a stable, safe investment in volatile times as we’ve seen so recently,” said David Klein, First Mid Ag Service vice president and chair of the Illinois Farmland Values Survey and Conference. The data, he noted, revealed that farmland price trends deviated little from a year ago with the central belt of Illinois enjoying the most consistent position of stable-to-slightly higher farmland market. Less favorable land didn’t hold up as well. Sales of average quality farmland dipped 3 percent to $6,700 an acre with farmland deemed fair (at an average of $5,200 per acre) experiencing a 2 percent decline. Click here to read more. ]]> 16988 0 0 0 https://landreport.com/2020/05/sold-1675-acre-citrus-grove/ Fri, 22 May 2020 07:00:36 +0000 https://landreport.com/?p=16995 Nestled in Hendry County in South Central Florida, the 1,675-acre ranch is home to a large citrus grove that produces oranges, tangelos, and grapefruits. The property, on which sugarcane would also thrive, boasts improvements such as a substantial irrigation system along with water permits approved for the Southwest Florida Water Management District through the year 2029. The sale, which was brokered by Brian Beasley and Dean Saunders of SVN | Saunders Ralston Dantzler Real Estate, comes at a fraught time for the Florida citrus industry, which has sustained heavy losses to citrus greening. This blight ranks as one of the most severe citrus plant diseases in the world according to the USDA. A threat since 1988 in the Sunshine State, the pernicious pest, known as the Asian citrus psyllid, chews on the leaves and stems of trees, infecting them with a bacteria that causes smaller and fewer fruit to grow. Scientists have yet to find a cure. Click here to read more. ]]> 16995 0 0 0 https://landreport.com/2020/05/land-report-may-2020-newsletter/ Fri, 15 May 2020 07:00:44 +0000 https://landreport.com/?p=17003 Congratulations to our friends at Jordan Winery for being the first to open to the public in Napa and Sonoma counties following a recent Sonoma County Health Order. Learn more about the innovative tours, delicious tastings, and guided hikes on their beautiful 1,200-acre estate in our May newsletter. Other must reads include:

• • Maine Timber Mill Explosion
  • Collier County to Conserve Ranchland
  • Trout Headwaters Announces New President
  • King Ranch Institute Adds Three Members to Management Council

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17003 0 0 0 https://landreport.com/2020/05/hunting-for-a-cure/ Fri, 29 May 2020 07:00:59 +0000 https://landreport.com/?p=17005 Dusty Whitaker flies over the Rolling Plains Research Ranch in Fisher County during the fall aerial bobwhite count. Rolling Plains Quail Research Foundation (RPQRF) biologists also perform spring call counts, roadside counts, and fall covey call counts to index quail abundance over time.[/caption] Photography by Russell Graves

Texas quail hunters doggedly pursue the culprits behind the decline of their beloved bobwhites.

In good years when rain comes at the right times, in the right amounts, the Rolling Plains of West Texas can offer the best quail hunting in the country. While the storied plantations of the Deep South might match the Texas plains in numbers of coveys flushed per day, they’re tiny islands of habitat compared to the thousands of square miles of Texas quail country. During drought years, skilled hunters will run a trailer full of big-running pointers into the ground for two or three coveys. Like drought prone country everywhere, Texas is a place of extremes, of booms and busts. At a glance, quail population extremes are easily explained. Ample rain and agreeable temperatures stimulate lush growth of native grasses required for nesting. Protein-rich insects thrive in the lushness. Annual forbs provide cover and food through the coming fall and winter and take surviving birds into the next breeding season in fine shape. Drought means sparse cover, few insects, and little to no breeding. The few remaining birds are true survivors, wild, unapproachable, nothing like “Gentleman Bob” of Southern quail hunting lore. Slam the door of your pickup and listen to the sound of a small covey flushing 50 yards away. They are the hardiest of their kind, rootstock waiting for rain. While drought years can be discouraging, serious hunters wax philosophical, enjoy their rituals and fellowship, admire their dogs’ persistence and grit, and take only a bird or two from scarce coveys. Sometimes they hold off altogether. These plains have been droughty for millennia and will be for millennia yet. Rain and good times will come again. More vexing and disappointing are years of unfulfilled promise. Generous winter precipitation brings on tender greenery to sustain the birds through February and March. Ample spring rain follows. The plains burst forth with new growth. Come May, ranchers relish the music of sunup to sundown mating calls. Wildlife managers count breeding pairs and nests, and, later, document an abundance of chicks. Late summer surveys prompt “boom” predictions in the annual quail hunting forecasts. Outfitters and guides gear up. Hard cases push the boundaries of decency and professionalism negotiating hunting time with family, bosses, and clients. Out-of-staters plan expeditions to Texas’s quail meccas. Motel rooms in Albany, Childress, Rotan, George West, Falfurrias, and Hebbronville are sold out weeks in advance. Owners of small-town diners look forward to quail season with as much zeal as Neiman Marcus execs pining for Black Friday. [caption id="attachment_17008" align="aligncenter" width="588"] Juvenile bobwhites forage among the buffalo grass and broomweed at the Research Ranch. Note the purple stains on their beaks. Quail love ripe prickly pear.[/caption] Opening weekend arrives and nobody finds more than a covey or two. Dogs scour gorgeous, sprawling ragweed flats early and late, and take a beating working rough, woody, loafing cover during the middle of the day. Talk in hunting camps and diners focuses on poor scenting conditions – the heat and rank cover. The dogs are stepping on their tongues. A frost or two and some moisture would make all the difference. Quail hunters are a hopeful bunch. Thanksgiving comes and goes. The dogs look great but still find no birds. What the hell happened? In 1992, Dr. Lenny Brennan, then research director with the Tall Timbers Research Station in Florida – now with the Caesar Kleberg Wildlife Research Institute — wrote that bobwhite quail would be “recreationally extinct” in the Southeast by 2005. In other words, on unmanaged lands, a few birds would eke out a living on the margins, perhaps in numbers sufficient to justify legal hunting, but the days of quail hunting woven into the broad fabric of Southern culture would be finished. Many quail hunters, and even wildlife professionals, including Dr. Dale Rollins, found the prediction overly pessimistic, at least for Texas. Although I’m not a scientist, I read Brennan’s prediction back in the 1990s and believed it. I had no data; just personal experience. When I was a boy growing up in Kentucky in the 1960s and early 1970s, my father and I could count on moving half a dozen coveys of bobwhites on the small, relatively inefficient farms found in the southcentral part of the Bluegrass State. By Texas standards, it wasn’t even mediocre hunting, but plenty good enough to justify spending too much on bird dogs and shotguns. By the time I left for college in 1978, bobwhite hunting in Kentucky was on its way out. Under the “get big or get out” farming philosophy, crop fields and pastures grew larger and cleaner along their edges. Gone were the weedy corners and brushy fencerows that had sustained bobwhites for more than a century. In 1983, my wife and I moved from Kentucky to Plano about 20 miles north of downtown Dallas. I worked a German shorthaired pointer pup on wild bobwhites in the vacant field behind our first house. Every spring throughout the rest of the 1980s, bobwhites whistled from the brushy, weedy margins of the suburbs. I still live in the area, but I haven’t heard a bobwhite whistle in these parts in 30 years. Those weedy margins have long since been replaced by concrete and Bermuda grass. In sum, my experience with bobwhites has been one of sharp decline in several habitats. As any serious quail hunter knows, and Dale Rollins now readily admits, Lenny Brennan pretty well got it right. Nowadays, many serious Southern quail hunters head to Texas, Oklahoma, and Kansas to get their dogs into wild birds. The beloved tales by Southern everyman Havilah Babcock now belong to history. Were he alive and working today, the good professor would likely be famous for stories about deer and turkey hunting. Yet, Rollins’s early skepticism is understandable. A native of Hollis, Oklahoma, he’d grown up with excellent quail hunting. In 1992, hunters of modest means could still find decent hunting in parts of the Deep South, and for those with the money and connections, hunting on the best plantations remained as good as ever. In North Texas, you didn’t have to go far west of Interstate 35 to find decent bird hunting; even the Hill Country in Central Texas held a few pockets of good quail hunting, and of course prime habitat in the Brush Country and Coastal Plains of South Texas would, in the best years, hold a couple birds per acre. Still, those short-term quail booms hid a depressing, long-term reality. Statewide, Texas’s bobwhite population has dropped approximately 5.6 percent per year since 1980. Simultaneously, blue quail numbers dropped some 2.9 percent per year during that same period. In North Texas, the eastern edge of good bobwhite range has been moving steadily westward. In the early 1990s, Dallas-area hunters might get their birds in the Cross Timbers and Prairies Region near the I-35 corridor. Now, they have to drive at least 100 miles farther west into the Rolling Plains. [caption id="attachment_17009" align="aligncenter" width="588"] Technicians monitor radio collared blue quail at the Circle Bar Ranch in Knox County. Blue quail populations have virtually disappeared along much of the eastern portion of their range. The RPQRF team released 400 wild blues on the ranch. That first spring, in 2016, the birds did quite well, nesting and raising abundant chicks. The following year, the population plummeted. Disease? Parasites? Dale Collins and crew are intent on learning why.[/caption] The bobwhite quail is the world’s most studied bird. Its sporting qualities and the associated genteel trappings and traditions make it the most popular game bird among wealthy American hunters. Wildlife research is expensive, and hunters across the socioeconomic spectrum, have, more than any other group, opened their wallets in support of conservation. For decades, the Tall Timbers Research Station and Land Conservancy near Tallahassee has set the standard for the study of bobwhite quail ecology in the Southeast. Through its Albany Quail Project headed by Clay Sisson, Tall Timbers conducts research in South Georgia and Northern Florida. Since 1992, Sisson and his colleagues have radio-tracked some 14,000 bobwhites on area plantations. Likewise, the Carolina Regional Quail Project and the Mid-Atlantic Regional Quail Project conduct research and tailor region-specific management recommendations. In Texas, the venerable Caesar Kleberg Wildlife Research Institute at Texas A&M Kingsville has conducted quail research and provided South Texas landowners with technical guidance since 1981. Until recently, however, Texas’s Rolling Plains region – 24 million acres of midgrass prairie covering 41 West Texas counties — had no quail research station. The aforementioned Dale Rollins cannot be accused of passivity in the face of Texas’s quail decline. As a professor and an Extension Wildlife Specialist for Texas AgriLife Extension in San Angelo, Rollins oversaw research by scores of graduate students, shared technical guidance with landowners, and supervised habitat improvement on hundreds of thousands of acres in West Texas. In 1993, he founded the Texas Bobwhite Brigade, a youth outreach program that teaches biology, habitat management, population dynamics, ecology, botany, photography, journalism, firearm safety, fishing, communication, critical thinking, team building, and leadership through rigorous summer camps. Yet the wildlife biologist had long been frustrated by the lack of research-based advice available to pass along to Rolling Plains landowners. In “Quail Preserver,” published in the September 2014 issue of Covey Rise, the late longtime Dallas Morning News columnist Ray Sasser quoted Rollins: “One misconception upon graduating with a PhD from Texas Tech in 1983 was that the bulk of my time would be spent disseminating new research results from my colleagues to the ‘common folks on the back 40.’ In reality, I’ve learned more from dedicated landowners and then cut and pasted their ideas to share with my biologist peers.” Although he and his colleagues and students made laudable progress during his career with Texas Agrilife Extension, Rollins nursed grander plans, which came together in 2005 while he and Fisher County rancher Paul Melton and two guests cleaned birds after three consecutive 30-covey days. “A lot of people in-state and out-of-state had been buying land with the intention of managing for quail, so Dale and I felt that research would be very helpful to us all,” Melton says. [caption id="attachment_17010" align="aligncenter" width="588"] HOME ON THE RANGE | Dr. Dale Rollins with his beloved setters. Most of the pastures at the Research Ranch are named for bird dogs.[/caption] “I had some friends in the philanthropic world who came down and met Dale and hunted on the ranch. With a perfect fire down to coals, three martini glasses down to dregs, and three limits of birds headed for the freezer, we had a conversation at the tailgate of my pickup, and the Rolling Plains Quail Research Foundation was born,” Melton adds. The new foundation needed a dedicated ranch. Melton had one in mind: a 4,270-acre Fisher County property owned by the W.T. Martin Estate. Melton had wanted to buy the ranch since the 1990s but had been rebuffed. The property had all the raw components of an archetypal Rolling Plains quail ranch: both improved and unimproved upland grazing land, cropland, and acreage enrolled in the Conservation Reserve Program. Rollins and graduate students had already done research and habitat improvement on Melton’s ranch and other big spreads and would continue, but the new foundation needed a dedicated piece of land to work through the entire process. Fortunately, the 30-plus covey days had worked their magic. In 2006, The Conservation Fund, a large environmental nonprofit based in Arlington, Virginia, purchased the property with a donation from the Richard King Mellon Foundation. The property was subsequently deeded to the Rolling Plains Quail Research Foundation (RPQRF). In 2006, Dallas businessman Joe Crafton, then CEO of Crossmark, started Park Cities Quail Unlimited. Crafton and his fellow members were not pleased that a disproportionate percentage of their donations made their way to Quail Unlimited headquarters in South Carolina. They saw Rollins’s new research center as a much better way to keep their quail conservation dollars closer to home. “After all, quail aren’t migratory,” Crafton points out with a grin. At its first fundraising dinner in 2007, the Park Cities QU Chapter raised about $80,000. Half went to RPQRF, half to QU headquarters. Crafton says, “From the outset, we realized that as nice as it is to have a research ranch, you can’t do anything without an operating budget. So, we took it upon ourselves to raise money to cover those operating costs every year with extra funds going toward research.” Looking for complete control of funds, Crafton and his fellow conservationists left Quail Unlimited to form the Park Cities Quail Coalition. (After years of financial mismanagement, Quail Unlimited ceased operation in 2013.) Park Cities Quail Coalition (PCQC) covers much of RPQRF’s operational costs as well as research expenses. It also supports other quail-focused programs such as Borderlands Research Institute, Quail-Tech, Tall Timbers, and the Texas Tech Wildlife Toxicology Lab. At its 2020 dinner and auction, PCQC raised more than $2.2 million for quail research and conservation. All told, it has raised more than $12 million since 2007. [caption id="attachment_17011" align="aligncenter" width="588"] THE BLUES | Researcher Lloyd LaCoste with a blue quail at the Research Ranch. Blues were almost non-existent when the ranch was acquired. After releases of 13 birds in 2014 and 75 in 2015, blues now make up 5 to 8 percent of the quail population. So far, the Research Ranch has been the brightest spot in the blue quail translocation effort.[/caption] With a new property — the Rolling Plains Quail Research Ranch — operational funding, and a board of directors made up of businessmen and ranchers, Rollins and his crew of graduate students and technicians got to work on habitat improvement, studies on patch grazing, predation, translocation, and prescribed burning, as well as the collection of long-data on the ranch’s bobwhite population. During those initial years, the familiar formula worked: better habitat plus timely rain equaled more quail. But, as anyone who has spent the better part of a lifetime hunting bobwhites in Texas knows, one of those years always comes, and the simple formula fails. Spring rains fell in 2010, and the prairie responded. A fine hatch and late summer counts portended a great season. Then the birds disappeared. Only three years into its existence, the team faced an existential crisis. In order to fulfill its mission statement, “To sustain Texas’s wild quail hunting for this and future generations,” RPQRF had to get to the bottom of these unexplained population crashes. After all, several consecutive years of poor hunting could dissuade an entire generation of young quail hunters. But the research would be expensive and long-term. Rollins, with the support of his board, decided to move ahead while trusting that the quail conservation community would raise the needed funding. Thus, Operation Idiopathic Decline was born. Under guidance from scientists at Texas A&M, Texas Tech, and Texas A&M-Kingsville, the team began investigations into parasites, pathogens, and contaminants, sampling some 2,200 quail from 35 counties in the Rolling Plains of Texas and Western Oklahoma. The research brought several issues to light, including antibiotic-resistant, pathogenic bacteria, quail bronchitis virus, and avian influenza. However, two types of parasitic infections stood out: eyeworms and cecal worms. The eyeworms infect 50 to 70 percent of Rolling Plains bobwhites. These worms feed on tissues and glands within the eyes and nasal sinuses, which may cause partial or complete blindness. Researchers counted 185 eyeworms in a single RPQRF bobwhite. The Rolling Plains is an eyeworm hotspot with infection rates about eight times higher than in South Texas. The birds become infected by eating intermediate hosts such as field crickets and grasshoppers. Although Texas Parks & Wildlife biologist A.S. Jackson documented eyeworm infections in bobwhites in the 1960s, the extent and degree of infection surprised Rollins and his colleagues. Eyeworms also infect blue quail, but only at a rate of about 25 percent; the infections tend to be much less severe. “The infection rates of those arthropods [grasshoppers, crickets] must change annually,” Rollins says. “We have several years’ worth of specimens in the freezer, but haven’t come up with the money to look at the variation of infection from year to year.” Knowledge of the annual variations could provide clues about environmental conditions that give rise to severe outbreaks. [caption id="attachment_17012" align="aligncenter" width="588"] A researcher approaches several trapped bobwhites. Note the pillow case that will calm the birds during their trip to the lab.[/caption] Cecal worms infect about 90 percent of Rolling Plains bobwhites with as many as 1,700 infecting a single bird. Like other intestinal parasites, cecal worms cause weight loss and overall decreased fitness. “Although eyeworms, have grabbed most of the attention, I tell people that cecal worms may be the bigger culprit,” Rollins says. Former RPQRF president Rick Snipes sums it up: “Take five percent performance off Usain Bolt, and he ain’t Usain Bolt anymore.” Help is on the way. With funding from RPQRF and Park Cities Quail Coalition, Dr. Ron Kendall and his team at the Wildlife Toxicology Lab at Texas Tech have developed QuailGuard, a medicated granular quail feed that kills both cecal and eye worms. Kendall estimates that a 6,000-acre ranch could be effectively treated at a cost of about $2,000 by feeding when infections usually occur in early spring and late summer. Researchers hope that a medicated feeding program could reduce a 90 percent die-off to 40 to 50 percent — the difference between pretty good hunting and barely worth the time, between decent carryover and starting over next spring. Kendall is optimistic that the Food and Drug Administration will approve QuailGuard for commercial use in the next 12 months. Dale Rollins stresses that without the support of landowners, projects like Operation Idiopathic Decline would be impossible. The RPQRF team conducts research on some 3 million acres of “partnership properties” in Texas and Oklahoma. A large chunk of partnership property lies within the storied 525,000-acre Waggoner Ranch. Historically, great quail hunting on the Waggoner stemmed more from compatible use of excellent natural habitat than from active management. In 2016, Stan Kroenke bought the ranch from descendants of founder Dan Waggoner and set aside some 40,000 acres as a quail management area. Kroenke Ranches promptly called Dale Rollins. “We try to base our management strategy on the things they do at the Research Ranch, just on a larger scale,” says Gradie Studdard, Waggoner Ranch’s wildlife manager. “I talk to Dale as often as I can. We do the brush clearing, brush sculpting, and burning. We started in the late fall of 2016, and we’ve been able to improve about 18,000 acres of the 40,000 acres we set aside.” Like other ranches, the Waggoner suffered a 2016 crash. “After a great hunting season, we were excited about seeing plenty of family units through spring and summer, but then dove season hit and the birds disappeared. We had eye worm problems and heavy predation,” Studdard says. “But we’ll continue to do our part so that when Mother Nature decides to do her part, these birds will have the best chance of survival that we can possibly give them. That’s Mr. Kroenke’s mission.” Despite drought and parasites, Texas’s Rolling Plains should remain one of the country’s quail hunting hot spots. Unlike the Southeast, where land use has shifted toward pulp pine forestry, large pastures, non-native grasses, and single-crop farming, Texas ranching and good quail habitat are not mutually exclusive. Certainly, Florida’s Tall Timbers Research Station has demonstrated that impressive bobwhite densities can be achieved on exquisitely managed Southern plantations maintained in longleaf pine savannah. But at tremendous expense. A bobwhite density of a single bird per acre can be managed in the Rolling Plains at about one-tenth the cost required in South Georgia. [caption id="attachment_17013" align="aligncenter" width="588"] FREE AGAIN | Once trapped, quail are gently examined. Some are then banded or fixed with radio transmitters. Careful handling minimizes mortality once the birds are released into suitable habitat.[/caption] Work continues at the Research Ranch and partner properties. Thanks to funding from Joe Crafton and Park Cities Quail Coalition, scientists completed sequencing of the bobwhite genome in 2012. The Bobwhite Genome Project could help determine why some isolated bobwhite populations fare better than others under nearly identical conditions. Operation Transfusion, a long-running program evaluating the efficacy of translocating wild bobwhite and blue quail into suitable areas where they were previously abundant will continue as a result of a grant from PCQC and Bass Pro Shops. In Rollins’s words, “We are tweaking the knobs a little on this evolving area of research.” On a less lofty, but no less important level, the Research Ranch will continue to host sporting dog field trials and various educational events such as prescribed burning workshops and field days for land managers. In 2021, the Research Ranch will conduct its first Sporting Ranch Training Program, a 13-week curriculum to train six military veterans in habitat management, bird dog handling, ranch equipment operation, and other hunting-related matters. The team will also help with job placement. [caption id="attachment_17014" align="aligncenter" width="588"] A technician uses a drip torch to initiate a prescribed burn at the Research Ranch. Fire is a natural part of Rolling Plains ecology reducing excessive brush and rejuvenating native grasses and forbs. In 2009, the Research Ranch hosted the first prescribed burn management certification program north of Interstate 10.[/caption] Big plans require expansion. By spring 2021, a four-building headquarters will feature a research center, an education center, a lodge and bunkhouse for overnight guests, and a hospitality cabin for donors, members of the media, and other friends of the foundation. Current RPQRF president Justin Trail sums up the long-term commitment to wild quail and the hunting tradition. “Our job is to put into place and execute a perpetuation plan to ensure that the funding, talent, and other resources are in place for future generations who will do the work and the quail enthusiasts we serve.”]]> 17005 0 0 0 https://landreport.com/2020/06/usda-guarantees-1-billion/ Mon, 01 Jun 2020 07:00:20 +0000 https://landreport.com/?p=17018 On May 22, Agriculture Secretary Sonny Purdue announced the move while reaffirming the Trump administration’s commitment to helping farmers and other rural businesses survive during the coronavirus pandemic. Going forward, USDA will offer 90 percent guarantees on Business & Industry CARES Act Program loans, setting the application and guarantee fee at two percent. Ag producers previously ineligible for USDA Farm Service Agency loans may now receive assistance under the USDA B&I CARES Act Provisions included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. All loans must be used as working capital with the goal of preventing, preparing for, or responding to the impact of the COVID-19 pandemic. Click here to read more. ]]> 17018 0 0 0 https://landreport.com/2020/06/loss-of-digester-at-androscoggin-mill/ Wed, 10 Jun 2020 07:00:33 +0000 https://landreport.com/?p=17039 An explosion inside a digester – where wood chips, water, and chemicals are mixed to make paper – tore apart a Pixelle Specialty Solutions’ mill in Jay, Maine. Until the April 15 blast, the mill processed some 1.5 million tons of logs, chips, and biomass annually. While the state fire marshal and the Federal Bureau of Alcohol, Tobacco, Firearms, and Explosives continue investigating what happened, locals are bracing for the economic impact of a closure, even in the short term. Every day, some 150 trucks would drop off around 30 tons each of trees, wood chips, and sawdust to be converted into fast-food packaging. Locals describe the mill as essential to the town’s economic infrastructure. At the time of the explosion, the Androscoggin Mill employed 500 people, none of whom were hurt. Pennsylvania-based Pixelle purchased the operation in February. Click here to read more. ]]> 17039 0 0 0 https://landreport.com/2020/06/the-land-report-spring-2020/ Mon, 01 Jun 2020 07:00:52 +0000 https://landreport.com/?p=17043 America's Best Brokerages and Top Auction Houses headline a blockbuster Spring issue showcasing our 2019 Deals of the Year:

• 2019 Deal of the Year: It may have been listed for more than $54 million, but that didn't stop Texas's La Bandera Ranch from going to contract in just 26 days.
• 2019 Ranchland Deal of the Year: For only the second time in history, Wyoming's Bixby Ranch changed hands.
• 2019 Conservation Deal of the Year: Charles Munger acquired — and then donated — Santa Barbara's Las Varas Ranch.
• 2019 Farmland Deal of the Year: America's smallest appellation — Cole Ranch — found a new steward in Mike Lucia.
• 2019 Timberland Deal of the Year: Timber REIT Weyerhaeuser optimized its portfolio by selling more than 1 million acres nationwide, including 630,000 acres of Montana timberland to Southern Pine Plantations.

]]> 17043 0 0 0 https://landreport.com/2020/06/hhh-ranch-acquisition/ Tue, 16 Jun 2020 07:00:15 +0000 https://landreport.com/?p=17047 Commissioners voted unanimously this month to move forward with plans to buy the 967-acre property, reportedly for around $10 million. Environmental groups praised the decision, saying the block of undeveloped land near Naples, Florida, provides essential habitat for endangered species including the red-cockaded woodpecker and the gopher tortoise. A radio-collared panther, likewise endangered, has reared at least two litters on the ranchland. The Florida panther first appeared on the US Fish and Wildlife’s endangered species list in 1967. Both the Florida Wildlife Federation and Audubon of the Western Everglades have long supported the preservation of this particular property, but money proved a sticking point. According to Gladys Delgadillo, environmental policy specialist for the Conservancy of Southwest Florida, protecting HHH Ranch “via any means would be a resounding win for the county, the public, and for Collier County’s wildlife and water.” Click here to read more. ]]> 17047 0 0 0 https://landreport.com/2020/06/land-report-june-2020-newsletter/ Mon, 15 Jun 2020 07:00:32 +0000 https://landreport.com/?p=17065 One round of applause for our 2019 Deals of the Year honorees! All five of these transactions are featured in our spring issue and are also the focus of our June newsletter. They include:

• 2019 Deal of the Year: La Bandera Ranch
• 2019 Ranchland Deal of the Year: Bixby Ranch
• 2019 Conservation Deal of the Year: Las Varas Ranch
• 2019 Farmland Deal of the Year: Cole Ranch
• 2019 Timberland Deal of the Year: Montana Timberlands

For up-to-the-minute reports, follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17065 0 0 0 https://landreport.com/2020/07/leading-harvest-takes-first-steps/ Mon, 06 Jul 2020 17:07:08 +0000 https://landreport.com/?p=17092 On Earth Day – April 22 – the nonprofit collective of farmers, conservationists, landowners, managers, and investors launched operations with the expressed intention of tackling complex ag issues ranging from biodiversity to sustainability. “This innovative effort establishes a rigorous and holistic process that actively engages farmers in forging practices to guarantee the health of both our agricultural land and the broader environment in which we all live,” says board member Ray Gaesser, an Iowa farmer and former president of the American Soybean Association. Leading Harvest looks to develop bold, farmer-oriented solutions that can be adapted to a variety of crops and environments. Participants will allow independent, third-party experts to audit their performance in a range of categories. Click here to read more. ]]> 17092 0 0 0 https://landreport.com/2020/07/2019-conservation-deal-of-the-year-2/ Tue, 21 Jul 2020 16:45:49 +0000 https://landreport.com/?p=17108

Charles Munger acquires – and then donates – Santa Barbara County’s Las Varas Ranch

The billionaire Berkshire Hathaway vice chairman reportedly spent $70 million for the property, which he donated to the University of California, Santa Barbara. “This is much more than just a gift of land, but rather a living legacy, a vision for the long-range future of our campus,” says UCSB Chancellor Henry Yang. Conservation stands at the heart of the deal. The historic cattle ranch, which was first on the market in 2016 for $108 million, boasts two miles of pristine coastline along with 500 acres of pastureland. An 18-acre surface lake looks out onto Channel Island. Expansive fruit orchards offer opportunities for both educational and environmental research. The land extends from the coastal bluff at Edwards Point – poised at the tip of the Pacific Ocean – to Los Padres National Forest, which spans nearly 3,000 square miles. Click here to read more.]]> 17108 0 0 0 https://landreport.com/2020/07/move-to-montana/ Thu, 23 Jul 2020 00:00:52 +0000 https://landreport.com/?p=17124 Fast. “There is a surge of interest in this area,” says Tracy Raich of Raich Montana Properties in Livingston. “A lot of people from out of state have always thought about buying a place in Montana, but they never did anything about it. Most of these people already have a love for this area. They want a safe haven, a getaway place, and they know that now they’d better do it.” Coveted locales such as Paradise Valley typically have low inventory. And that was before coronavirus. “People have told us that we don’t have anything on the market,” Raich says. After the pandemic hit, she called a potential seller and recommended listing right away; the $2.6 million property was under contract within weeks. Tim Murphy of Hall and Hall refers to such properties as “Plan B retreats.” He says that 9/11 was, perhaps, the first event to inspire clients to start searching for a backup. “Many people that we work with consider having a rural property as a part of their Plan B, a place to head to in the event of some local, national, or international crisis like a pandemic, a natural disaster, or a terror attack here on American soil,” Murphy says. “A large portion of those people later realize that their Plan B can actually become Plan A. Plan A is in full effect right now for a lot of our clients who are staying at their ranches through these times,” Murphy says. Fay Ranches has seen a noticeable jump in interest in the short period since the pandemic began. The company’s dollar volume of closed transactions is up 34 percent year-over-year, and website traffic is up 41 percent. Fay Ranches founder Greg Fay says the unspoiled nature of Montana is a big part of its allure. “There’s a romance with Montana, and I think it started with the movie A River Runs Through It. In Montana, there’s more acreage under conservation easement than in any other state. The valleys are wider, the landscape is more vast, and people feel like they’re not following other people when they come here. Those who go to Aspen want to be social. Those who come to Montana want to get away from it all,” Fay says. He should know. Fay has owned a ranch in Montana’s Ruby River Valley for 25 years. Although he and his family call Bozeman home, when the shelter-in-place order went into effect, they packed up and moved to the ranch. His wife and kids have asthma, which put them at high risk for COVID-19. “We’ve had no one else around for six weeks, and the little grocery store in town does curbside pickup. It just feels very safe for my family. The other thing that’s wonderful? To date, I’ve probably caught more big fish than I have in the last five years combined,” Fay says. Fay feels extremely fortunate that his family has a retreat where they can social distance yet also enjoy the recreational opportunities that Montana has to offer. “It’s like the rekindling of a romance. After 28 years of running my own business and having kids, we’ve never been at the ranch for that long of a stretch at that time of year,” Fay says.]]> 17124 0 0 0 https://landreport.com/2020/07/land-report-july-2020-newsletter/ Wed, 15 Jul 2020 07:00:53 +0000 https://landreport.com/?p=17135 Highlights from our July newsletter include:

• Australia's Forrest family acquires two cattle stations totaling more than 500,000 acres.
• The Conservation Fund acquires 15,408-acre Chadbourne Tree Farms in Maine.
• Burger King Prevails in court, wins dismissal of vegan lawsuit.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17135 0 0 0 https://landreport.com/2020/08/cumberland-plateau-nfwf-announced-1-3-million-in-grants/ Mon, 03 Aug 2020 07:00:33 +0000 https://landreport.com/?p=17145

States in which grants will be used include Alabama, Georgia, Kentucky and Tennessee.

The National Fish and Wildlife Foundation (NFWF) grants target the restoration, enhancement, and protection of shortleaf pine, oak, and riparian forests. “More than two-thirds of the forests across the Cumberland Plateau are owned by families and individuals, making them crucial players in helping ensure healthy shortleaf habitat for wildlife,” says Tom Martin, president and CEO of the American Forest Foundation. “While these forest owners care about their land, they often face barriers when it comes to taking action to improve it,” Martin adds. “AFF is proud to support projects in this region that are helping family landowners get the assistance they need to make a positive impact on the land.” Birds like the northern bobwhite, prairie warbler, and Bachman’s sparrow, along with reptiles such as the flattened musk turtle, should directly benefit from the improvements. Click here to read more.]]> 17145 0 0 0 https://landreport.com/2020/08/2019-sporting-property-deal-of-the-year/ Tue, 04 Aug 2020 07:00:15 +0000 https://landreport.com/?p=17148 FROM SUN UP TO SUN DOWN | The demand for the highest quality recreational properties, ones that offer additional revenue streams from minerals, water, or other sources, can be fierce.[/caption]

Twice in the twenty-first century, LA BANDERA RANCH has come to market. Both times it sold in the blink of an eye.

  The sale of one of the most renowned hunting properties in the Lone Star State is always newsworthy. But when that property goes from listing to contract in just 26 days? Now that’s a story. La Bandera Ranch in South Texas was listed on March 1 last year for $54 million by Joey Bellington of Whitetail Properties. Before the month was up, it was under contract and on its way to a summer closing. Little wonder, given the 18,053-acre ranch’s outstanding location some 15 miles southwest of Carrizo Springs in Dimmit County. For the uninitiated, that terrain is the heart of South Texas’s Golden Triangle, a revered setting famous for muy grande bucks, world-class dove, legendary quail, and some mighty good turkey hunting. Throw in valuable mineral interests and significant water rights, and you’re looking at a ranch that won’t stay on the market long. “With a property of this magnitude, our team produced a large amount of information to clearly articulate the value-added benefits of La Bandera Ranch,” says Whitetail Properties marketing director Alex Gyllstrom. “We executed a targeted marketing campaign that quickly generated interest in the property and allowed us to secure a contract in 26 days.” [caption id="attachment_17152" align="aligncenter" width="588"] ON TARGET | For nearly 20 years, Bob Hixson operated La Bandera exclusively as a commercial hunting operation.[/caption] Believe it or not, the last time La Bandera sold, it was pretty much the same story. In 2001, Bob Hixson of Hixson Lumber Sales learned that the ranch was on the market. Hixson had long hunted in South Texas; he quickly made an offer. To his disappointment, he learned that an offer had already been accepted. Then came the attacks of September 11. In the uncertain times that followed, the deal fell through. The moment Hixson learned that La Bandera was back on the market, he immediately made an offer and got the ranch under contract. Over the course of the next two decades, Hixson ran La Bandera strictly as a commercial hunting operation. With that in mind, he made a series of strategic moves. South Texas Brush Country naturally produces huge whitetail bucks, but Hixson stacked the deck by adding intensive brush management to increase the abundance of natural forage. A well-maintained grid of ranch roads not only accesses every part of the property but maximizes edge habitat for deer and quail. An extensive supplemental feeding program and abundant water wells provide excellent hedges against periodic droughts. [caption id="attachment_17151" align="aligncenter" width="588"] GOLDEN TRIANGLE | The area of South Texas bounded by Dimmit, LaSalle, Maverick, Webb, and Zavala counties consistently produces Boone & Crockett-caliber bucks.[/caption] Structural improvements include a 5,000-foot paved runway and 14,000 square-foot hangar to welcome guests. Three lodges – Southwest, La Sombrilla, and Ponderosa – provide a total of 46 bedrooms. The buyer, a Texas limited partnership, will operate La Bandera for private hunting as well as to develop potential oil and gas resources. “This was pretty much a turnkey deal,” says broker Joey Bellington of Whitetail Properties Real Estate, who had the listing. “The mineral rights were a big selling point.” Bellington adds, “This is an area long known for tremendous whitetail bucks. Bob Hixson worked for nearly two decades to enhance what was already there. The results speak for themselves.”

Land Report 2019 Deal of the Year: La Bandera Ranch in Texas

Seller: La Bandera Hixson Ranch Seller’s Broker: Joey Bellington, Whitetail Properties Buyer: Texas Limited Partnership Buyer’s Broker: Kevin Meier, duPerier Texas Land Man

]]> 17148 0 0 0 https://landreport.com/2020/08/bayer-launches-carbon-initiative/ Wed, 12 Aug 2020 07:00:03 +0000 https://landreport.com/?p=17160 The agricultural powerhouse announced plans to reward farmers in the US and Brazil for generating carbon credits as a result of adopting climate-friendly practices that include no-till farming and cover crops. The company’s stated objective? To reduce the carbon footprint and curb greenhouse gas emissions. According to Successful Farming, Bayer’s trailblazing Carbon Initiative represents years of work validating a science-based approach and methodology supporting environmental stewardship. The Bayer Carbon Initiative seeks to incentivize growers dedicated to positive environmental change with the expressed goal of slashing field greenhouse gas emissions by 30 percent over the next decade. Healthy soil remains key to sequestering carbon. To that end, Bayer intends to reward farmers who do everything from reducing fossil fuel usage to embracing nitrogen use. The 2020-21 program is expected to reach some 1,200 farmers in Brazil and the US. The company hopes to export the program to other countries. Click here to read more. ]]> 17160 0 0 0 https://landreport.com/2020/08/2019-ranchland-deal-of-the-year/ Fri, 14 Aug 2020 07:00:00 +0000 https://landreport.com/?p=17163 RESPECT, NOT JUST PRICE | It was important to the Bixby family that the buyer do more than just meet their price. They had to be a steward of the land. True Ranches fit the bill.[/caption]

An Iconic Wyoming Ranch Changes Hands for Just Second Time

By Corinne Gaffner Garcia When Wyoming’s historic Bixby Ranch sold in December, the significance of the transaction ran much deeper than the facts listed in Hall and Hall’s marketing brochure. Sure, the turnkey operation was one of the oldest working cattle ranches in the Cowboy State. Yes, it was ideally situated and configured in a single block. And the property included 1,200 acres under irrigation, 15 miles of riparian corridor, 14 reservoirs, and 8 houses. Yet it was the ranch’s historic legacy that stoked many buyers’ interest and resulted in an accelerated sale, according to the seller’s representative, Mike Fraley, a Wyoming-based partner at Hall and Hall. Bixby Ranch was once a beehive of political activity, the headquarters of the immensely powerful Carey family. Both the patriarch, Joseph Carey, and his son, Robert Carey, served terms as governor of the state. In addition, each was elected to serve in the US Senate. [caption id="attachment_17166" align="alignleft" width="300"] THE JUDGE | Although he served as Cheyenne’s mayor, US congressman, US senator, and governor, it was his service on the Wyoming Supreme Court that gave Joseph Carey his moniker.[/caption] The elder Carey was also a key player in the powerful Wyoming Stock Grower’s Association. In 1876, he trailed “12,000 head of cattle up from Austin, Texas, to the first-ever ranch founded in the area,” according to the Casper Star-Tribune. He subsequently expanded his holdings by homesteading a ranch along Box Elder Creek. It changed hands for the very first time in 1947 when the Carey family sold it to Walter Bixby of Kansas City Life Insurance. Fraley admits that the ranch’s storied heritage was a significant asset. “Knowing its rich Wyoming history and visualizing the iconic people that must have spent time on the ranch, it was a surreal experience showing the Bixby Ranch,” he says. True Ranches, which ranked No. 46 on the 2019 Land Report 100, ultimately acquired the ranch from Walter Bixby’s heirs. Listed for $17 million, Fraley reports a strong sale that moved along without a hitch. “Both buyer and seller seemed pleased with the acquisition, suggesting that the ranch sold for the right price,” he says. A key consideration for the Bixby heirs? Selling the iconic ranch to a family who, according to the Star-Tribune, “would respect the heritage of the land and what it represented.”  

Land Report 2019 Ranchland Deal of the Year: Bixby Ranch in Wyoming

Seller: Bixby Ranch LP Seller’s Broker: Mike Fraley, Hall and Hall Buyer: True Ranches LLC]]> 17163 0 0 0 https://landreport.com/2020/08/congress-passes-great-american-outdoors-act/ Tue, 18 Aug 2020 07:00:53 +0000 https://landreport.com/?p=17169 The bipartisan effort represents the largest investment in public lands in more than a half century. The legislation would fund in its entirety a conservation program known as the Land and Water Conservation Fund, which has languished since its creation in the 1960s. The measure secures mandatory funding of the program to the tune of $900 million annually. Supporters emphasize that the program does not use taxpayer dollars. Instead, revenues come from offshore oil and gas royalty payments. Opponents include Senator Ted Cruz, who cautioned against “putting government spending on autopilot while reducing the amount of land available for private ownership.” The bill heads to President Trump, who has tweeted support for it. Edited: President Trump signed the bill on August 4, 2020. Click here to read more. ]]> 17169 0 0 0 https://landreport.com/2020/08/the-land-report-summer-2020/ Sat, 15 Aug 2020 07:00:49 +0000 https://landreport.com/?p=17190 A trio of sensational Sporting Properties headlines our Summer 2020 Issue, and the Rocky Mountains are our focus. Great reads include:

• Sporting Properties: Tour Florida's Bienville Plantation, Texas's T Lazy S Ranch, and Virginia's Nydrie Stud.
• Sheltering in Place: More than ever, the American West proves irresistible to those living near and far.
• Yellowstone's Grizzlies: Todd Wilkinson reports on the key role landowners are playing in stewarding this North American icon.
• Land's Best Friend: A fly-fishing lesson from Land Report 100er Russell Gordy and his fishing buddy, an Italian Spinone named Pony.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17190 0 0 0 https://landreport.com/2020/08/land-report-august-2020-newsletter/ Sat, 15 Aug 2020 07:00:47 +0000 https://landreport.com/?p=17191 Highlights from our August newsletter include:

• The sale of a Texas hunting mecca, the $13.2 million Caloosa Ranch in Stonewall County.
• The listing of an Adirondack landmark, New York's $180 million Whitney Park.
• A historic holding, Virginia's 1,115-acre Woodside Farms, goes to auction on October 7.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17191 0 0 0 https://landreport.com/2020/08/yellowstone-grizzly/ Mon, 24 Aug 2020 07:00:11 +0000 https://landreport.com/?p=17177 Mountain Outlaw[/caption]

The Ninth Circuit Court of Appeals recently affirmed a lower court ruling that maintains federal protection for grizzly bears in the 22.5-million acre Greater Yellowstone Ecosystem.

BY TODD WILKINSON | PHOTOGRAPHY BY THOMAS MANGELSEN The recovery of grizzlies in the Greater Yellowstone Ecosystem ranks as one of the most resounding success stories in the history of wildlife conservation. In the early 19th century, an estimated 50,000 grizzlies roamed the American West. By the early 1970s, they had vanished from 98 percent of their historic range. By then, no remnant population was more famous than the bears of Yellowstone National Park. In 1975, concern that they might become extinct prompted the federal government to extend emergency protections to four distinct populations under the Endangered Species Act. Yet the Yellowstone population dwindled even further. At its nadir, only 136 bears remained. Hunting seasons were curtailed. Poachers faced heavy fines and even prison time. Mining and drilling deemed harmful to habitat ceased. Drastic measures were taken to reduce conflicts between bears and people. Locals were taught how to prevent the beasts from foraging through trash bins for food. Chris Servheen, who presided over grizzly recovery for the US Fish and Wildlife Service (USFWS) for more than 30 years, told me that he honestly thought grizzly bears might vanish. Yet before he retired in 2016, the Greater Yellowstone population had rebounded to more than 700. Today, grizzlies in the Greater Yellowstone Ecosystem and those in the massive Northern Continental Divide Ecosystem farther north are showing up in old haunts where they haven’t been seen in more than a century. [caption id="attachment_17180" align="aligncenter" width="588"] SUPER MOM | Known to researchers as Grizzly 399, this 24-year-old sow is a stellar matriarch. Earlier this year, she emerged from her den with four cubs.[/caption] “I didn’t know if we would ever get to where we are today with robust populations,”Servheen says. “I am confident they [bear populations] are healthy.” Public attitudes toward grizzlies have evolved dramatically. The thrill of grizzly bear watching in national parks, especially the sight of bruins stalking elk calves, matches anything one might see with predators and prey on an African photo safari. A star attraction is Jackson Hole Grizzly 399, the name bestowed by researchers upon a singular sow. The 24-year-old has given birth to numerous cubs. In 2020, she created an international sensation when she emerged from her winter lair with an astonishing brood of four. (Twins are the norm. Triplets are less common. A quartet? An extremely difficult task for any mother.) As long as the bruins are pursuing wildlife and not cattle and sheep on private property, the acclaim and the attention are positively exciting for neighboring ranchers, too. But grizzlies know no boundaries. They are drawn to cattle pastures and hay fields. Just ask Shannun Rammel. In July, he stumbled upon a grizzly sleeping in an abandoned shed on his property outside Choteau. Thanks to some quick thinking by his wife — she jumped behind the wheel of their truck and startled the bear by gunning the rig directly at it — somehow the Northern Montanan survived. Barely. Bitten and bleeding, the 50-year-old had to be hospitalized. “I believed bears should have been delisted years ago,” Dan Vermillion says. A Livingston-based fly-fishing guide who owns Sweetwater Travel Company with his two brothers, Vermillion recently stepped down after 12 years of service on the Montana Fish, Wildlife & Parks Commission, which he also chaired. His profession and public service give him exceptional insight on grizzlies. “They can be dangerous animals. We don’t want to see them in the apple orchard or getting into the granary or ending up in the backyard walking by the swing sets where kids play. But that’s happening, and it would cause anyone concern,” the native Montanan says. Legendary primatologist Dr. Jane Goodall counters. Goodall has made several trips to Greater Yellowstone to view grizzlies. “I find the prospect of sport hunting grizzlies again to be appalling. We shouldn’t recover a highly intelligent animal so that it can be turned into a floor rug or its head gawked at as a prize on the wall,” she told me. Matt Hogan, a senior official with USFWS who serves on a special grizzly bear management committee in the Lower 48, said that it is not his agency’s prerogative to instruct the states on what to do. Yet he is sympathetic to the profound attachment many Americans have for grizzlies. Hogan, who previously served as government affairs manager for Safari Club International, believes grizzlies can and should be responsibly hunted. He is quick to point out that should the Greater Yellowstone grizzly population ever fall below minimal levels, the bear can be relisted and control can be wrested away from the states again. Paul Gilroy, a Safari Club member who lives near Grand Teton National Park, sees a commercial opportunity for his business. During an interview with the Jackson Hole News & Guide, the Wyoming outfitter told Mike Koshmrl that the sale of hunting tags for a few select opportunities to hunt grizzlies could raise money for state wildlife agencies. “It would be a very popular hunt, easily advertised and easily booked. We have some very large bears here, which would make for commendable trophies,” Gilroy said. That very scenario was halted in 2018. The year before, USFWS had removed the grizzly from the threatened species list. Sporting hunts were scheduled in Idaho and Wyoming. But a lawsuit by tribal entities and conservation groups derailed the hunting of 21 grizzlies in Wyoming just hours before it was slated to commence. US District Court Judge Dana Christensen subsequently restored Endangered Species Act protection. Randy Newberg of Bozeman hosts the Sportsman Channel’s Fresh Tracks with Randy Newberg. In addition, he oversees one of the most popular web podcasts devoted to hunting on public lands in the nation. Years ago, Newberg killed a grizzly in Alaska, part of a dream hunt he shared with his 82-year-old grandfather. “It was the thrill of a lifetime,” he says. But Newberg is not interested in hunting Greater Yellowstone grizzlies. Almost two decades ago, he served on a blue ribbon panel of citizens that examined whether the scientific goals used to gauge the recovery had been met. He concluded they had. Newberg supported the move to remove grizzlies from federal protection in 2017 just as he had in 2007 when the Greater Yellowstone population was temporarily delisted. But an earlier set of lawsuits that highlighted the lack of government analysis in assessing the loss of a key food source — nuts from whitebark pine trees caused by climate change — delayed delisting for another decade. “I’ve told people that I am in favor of hunting being made available to states as a management tool, but I’ve also said the state wildlife agencies need to proceed with extreme caution,” Newberg says. “There is a lot at stake for the credibility of the states in the public’s eye. There is a lot at stake for the reputation of hunting. And, most importantly, there is a lot at stake for the grizzly.” Newberg ponders where hunts should take place: on the outlying edges of the ecosystem or closer to parks with higher concentrations of bears and people and conflict. The states have said they first intend to target problem bears, bruins that prey on livestock, wander into communities, or become dumpster divers. [caption id="attachment_17181" align="alignleft" width="588"] BEAR JAM | The digital era has heightened the international appeal of the grizzly. In this image, Grand Teton National Park rangers cordon off eager onlookers.[/caption] No matter if they target grizzlies that would otherwise be destroyed, relocated, or sent to zoos, all hunts need to be carefully managed, according to Newberg. Qualified guides, highly skilled hunters, and close coordination with wardens and biologists would be prerequisites. USFWS has gone back to the drawing board and is working closely with the State of Montana on next steps. Simultaneously, state wildlife officials are coordinating with private landowners to establish a land bridge between the Greater Yellowstone population and the Northern Continental Divide population. One of the key corridors is the Gravelly Mountains, a mix of public lands and private ranchlands in Southwest Montana. After grizzly predation on cattle owned by ranchers began to increase, the Western Landowners Alliance convened a gathering of landowners, agency personnel, and conservation-based nonprofits to improve the compatibility between healthy grizzly populations and healthy ranching communities in November 2019. I was one of the 100-plus in attendance at the Alder Fire Hall. Many ranchers in attendance vented their frustrations. “We thought the world would end when wolves were brought back. That didn’t happen, but grizzlies bring much bigger challenges,” one said. Rancher and state legislator Albert Sommers noted a substantial uptick in losses endured by many of his constituents, family-owned ranches. “The Upper Green River Cattle Association has seen its calf loss rates go from 2 percent in the early 1990s to 10 to 15 percent in recent years,” Sommers said. Sommers represents Sublette County in the Wyoming House of Representatives. All four of his grandparents homesteaded in the Green River Valley. He champions incentives aimed at making grizzlies and wolves less of a financial burden to landowners. He knows they are here to stay. He wishes he could make the same guarantee about ranchers who face many different threats to their survival. “Compensation is the key to keeping ranchers on the landscape, even when wildlife managers and policymakers change bear management and philosophies,” Sommers says. “Regardless of the grizzly’s legal status, private land will also figure prominently in the cause of American conservation and the future of the bear,” says Roger Lang, former owner of the Sun Ranch in the Madison Valley of Montana. “If there’s an enemy, and I don’t like to divide the world up that way, it is subdivision,” Lang says. “It permanently takes habitat off the table. We need to all be allies in the cause of protecting the open space grizzlies need to persist, because that same habitat is important to elk and pronghorn, and keeping individual people on the land, and continuing family traditions. We are in this together. I consider the recovery that has occurred with grizzlies to be a miracle, and we all made it happen.” To its credit, the Western Landowners Alliance subsequently researched and published Reducing Conflict with Grizzly Bears, Wolves and Elk: A Western Landowners’ Guide. And a special citizens committee is drafting a plan that will guide state grizzly management after delisting happens. “Keeping ranching economically viable is the best way to keep wildlife habitats connected and available for wildlife,” Sommers insists in Reducing Conflict. “Working ranches are better places for big wildlife species than housing developments.”]]> 17177 0 0 0 https://landreport.com/2020/08/the-conservation-fund-acquires-chadbourne-tree-farms/ Tue, 25 Aug 2020 07:00:35 +0000 https://landreport.com/?p=17183 In purchasing the 15,408 acres in Western Maine, the nonprofit intends to protect the historic forestland from both development and fragmentation while also honoring the land’s history. The prized timberland dates to 1634 when England’s King Charles I sent William Chadbourne across the Atlantic on a mission to establish what is widely recognized as the New World’s first sawmill. The Chadbourne family assembled the acreage and worked the land for more than 150 years. “This forestland and its exceptional white pine timber resources reflect decades of long-term stewardship administered by my father as well as generations of the Chadbourne family,” said 11th generation family member Bob Chadbourne. The Conservation Fund intends to sustainably manage the forestland, the fourth largest privately owned forest in the Sebago Lake watershed, which provides key watershed protection to Portland and surrounding areas. Click here to read more. ]]> 17183 0 0 0 https://landreport.com/2020/08/2019-conservation-deal-of-the-year/ Wed, 26 Aug 2020 07:00:15 +0000 https://landreport.com/?p=17186

Las Varas Ranch is donated to the University of California, Santa Barbara (UCSB).

In a move that won praise from both educators and environmentalists, Berkshire Hathaway’s second-in-command funded the $70 million acquisition of the historic 1,800-acre Las Varas Ranch by the University of California, Santa Barbara (UCSB). UCSB Chancellor Henry Yang announced the gift by Berkshire Hathaway vice chairman Charles Munger, whose net worth hovers around $1.7 billion per Forbes. “We are immensely fortunate to have been entrusted with this coastal jewel,” Yang said. “This is much more than just a gift of land, but rather a living legacy, a vision for the longrange future of our campus.” The historic ranch, which served as a prisoner-of-war camp during World War II, boasts two miles of pristine coastline along with 500 acres of pastureland. An 18-acre surface lake features Channel Island views. Expansive fruit orchards offer opportunities for both educational and environmental research. Tim Doheny acquired the property in the 1960s. Heirs held onto the land, located between Dos Pueblos Ranch and El Capitan State Park, for nearly a half-century before petitioning Santa Barbara County to approve its subdivision in 2015. [caption id="attachment_17189" align="aligncenter" width="588"] WORKING RANCH | Some might gripe that almost $40,000 per acre is too much to pay for Las Varas. The retort? What’s the going rate for priceless?[/caption] Environmental and community groups vigorously protested the proposal, including the Gaviota Coast Conservancy. The nonprofit works to protect the 76-mile Gaviota Coast, which ranks as the single largest stretch of undeveloped coastline in Southern California. Ultimately, county officials rejected the Dohenys’ petition. In denying the request, officials cited aesthetic and historical considerations as well as the environmental and agricultural impact. The Dohenys listed the ranch for $108 million in 2016. The following year, the asking price dropped to $90 million, according listing broker Kerry Mormann of Berkshire Hathaway HomeServices. A sale price of $70 million has been reported but not confirmed. Chancellor Yang noted that UCSB had no immediate plans to alter the working ranch, which sits six miles west of campus. The land extends from the coastal bluff at Edwards Point – poised at the tip of the Pacific Ocean – to the 3,000-square-mile Los Padres National Forest.

Land Report 2019 Conservation Deal of the Year: Las Varas Ranch in California

Seller: Edwards Ranch LLC Seller’s Broker: Kerry Mormann, Ranch & Land Division, Berkshire Hathway HomeServices Grantee: Regents of the University of California

 ]]> 17186 0 0 0 https://landreport.com/2020/09/burger-king-wins-dismissal-of-vegan-lawsuit/ Wed, 02 Sep 2020 17:10:36 +0000 https://landreport.com/?p=17197 US District Judge Raag Singhal tossed out a lawsuit that accused the fast-food giant of deception when it came to the preparation of its “Impossible Whopper.” A group of seven plaintiffs initiated the class action back in November. They alleged that Burger King hoodwinked customers into thinking its plant-based patties were cooked on separate grills, those specifically not used in the preparation of beef and chicken menu items. The suit stated that the wheat-and-potato-protein patties (produced by Impossible Foods) could become tainted with meat when cooked on the restaurants’ broilers. Burger King promised a non-meat patty and delivered,” Singhal wrote in his decision. He also noted the plaintiffs lacked evidence of their claims. Burger King has repeatedly denied any deception in advertising, adding that it never described the burgers as vegan or vegetarian. Burger King refers to the “Impossible Whopper” as plant-based. Click here to read more. ]]> 17197 0 0 0 https://landreport.com/2020/09/2019-farmland-deal-of-the-year/ Thu, 03 Sep 2020 07:00:16 +0000 https://landreport.com/?p=17200 SELECT BLEND | More than one-third of the ranch’s 150 acres are under vine. Varietals include Cabernet Sauvignon, Pinot Noir, Merlot, and Riesling.[/caption] There’s a particular breed of wine aficionado who insists on having everything just right. Specific varietals in specific glasses. Serving temperatures not in a range but at a number: 49° for whites and 59° for reds. And the vineyards? Forget vineyards. This breed of oenophile drills down to the terroir of distinct blocks of grapes. For that wine lover, there’s California’s Cole Ranch, a tract renowned for being the only single-vineyard American Viticultural Area (AVA) in the nation. Located an hour north of Sonoma in Mendocino County, the 150-acre AVA was the brainchild of John Cole. The Ohio native first began planting vines in the 1970s, and he quickly became convinced that the soils and microclimate between the Pacific Ocean and California’s Coastal Mountains produced something special. Not the most original thought, right? But the difference between Cole and every other vineyard owner is that Cole convinced the United States Treasury that it was, too. Thus, in 1983, Cole Ranch became the only vineyard in the newly minted Ukiah AVA. That very same year, several top-tier AVAs were also approved in California: Los Carneros, Paso Robles, and Russian River Valley. Not bad company. That heritage and the cash flow from the 130 tons of Cabernet Sauvignon, Pinot Noir, Merlot, and Riesling grapes sold annually to neighboring wineries were what Todd Renfrew brought to market when Cole Ranch was listed with California Outdoor Properties in 2019. “The level of interest was amazing,” Renfrew says. “Quite often when someone calls about a vineyard, they’re focused on the area. ‘We want to move to Sonoma,’ they say, or ‘We’ve fallen in love with Paso Robles.’ Not this time. It was all about the vineyard. It was all about their owning their own AVA.” Winemaker Mike Lucia of Rootdown Wine Cellars ultimately acquired Cole Ranch. “Our vision is to work with like-minded winemakers who believe in what John Cole planted and the alpine grape varieties we are putting in the ground. Because of its Riesling, Cole Ranch has proven its precision in the higher elevation, cool climate, early developing, acid retaining wines. And as far as bottling our own wines, it’s already in the works,” he says.]]> 17200 0 0 0 https://landreport.com/2020/09/conservation-fund-highlights-achievements/ Tue, 08 Sep 2020 07:00:06 +0000 https://landreport.com/?p=17204 156 projects in 35 states. 207,000 acres worth more than $323 million. 5,000 jobs created or kept. These are a few of the facts and figures contained in The Conservation Fund’s 2019 Annual Report, which is now available online. Founded in 1985, the Fund collaborates with public, private, and nonprofit partners to make conservation work for America by creating solutions that simultaneously further environmental and economic goals. One of the many highlights of the report is that the organization’s Working Forest Fund acquired almost 80,000 acres of high conservation value forestland, facilitated the protection of nearly 30,000 acres under conservation, and conveyed more than 26,000 acres of forestland to long-term stewards. All told, the organization has protected more than 8 million acres in all 50 states since its founding by MacArthur Foundation Fellow Patrick Noonan. Click here to read more. ]]> 17204 0 0 0 https://landreport.com/2020/09/land-report-2019-timberland-deal-of-the-year-montana-timberlands/ Thu, 10 Sep 2020 17:10:35 +0000 https://landreport.com/?p=17208 PUBLIC POLICY | Preserving public access to the 630,000-acre timber tract drew scrutiny from key elected officials including the speaker of the Montana House and the president of the Montana Senate.[/caption] Written by: Kelly McGee It was only fitting that the largest timberland sale of 2019 involved the publicly traded company that owns the most land in the US. Weyerhaeuser, the Seattle-based timber REIT, ended the year decisively by announcing the sale of 630,000 acres of Montana timberland. The buyer was Georgia-based Southern Pine Plantations (SPP), a real estate holding company owned by the Griffith family, which has been featured in the Land Report 100 as recently as 2013. The price of $145 million works out to approximately $230 per acre. In addition to the many moving parts that color a major transaction, there was a public policy element that emerged when the sale was first announced in December. The main concern was the willingness of SPP to assure Montanans that it would maintain public access to the vast timberlands for traditional recreational activities such as hunting and fishing. As soon as the deal went public, key state officials voiced their concerns to the company about continuing to allow the public access to the massive landholding. In an email to the Great Falls Tribune, SPP legal counsel James Bowditch addressed these concerns by detailing SPP’s commitment to allow public access via Montana’s block management program, which facilitates use of private property that is then monitored by state game wardens. “... SPP has no plan to change the long-standing practices of the prior owners related to public access, forest management, grazing, existing outfitting agreements and conservation easements, and other programs,” wrote Bowditch. SPP president Pat Patton told The Land Report that his company was responsive to the public’s concern. He also emphasized the company’s intent to explore the possibility of additional conservation easements, which would assure public access to the timberland in the future. (Currently, 110,000 of the 630,000 acres are under an existing easement.) Patton indicated that the benefits of additional conservation easements were some of the key drivers associated with the acquisition. Clearly, the value of the merchantable timber was another. In a statement released after the deal closed, Weyerhaeuser CEO Devin Stockfish said, “The sale of our Montana timberlands is part of our ongoing effort to strategically optimize our timberland portfolio.” Portfolio optimization went well beyond this single sale, however. The REIT also sold 555,000 acres in Michigan to Lyme Timber Company in 2019. All told, it deaccessioned more than 1 million acres of timberland in the US last year, leaving it with more than 11 million acres of owned or managed timberland.

Land Report 2019 Timberland Deal of the Year: Montana Timberlands

Seller: Weyerhaeuser Company Buyer: Southern Pine Plantations

]]> 17208 0 0 0 https://landreport.com/2020/09/on-the-block-historic-1115-acre-woodside-farms-in-virginia/ Mon, 14 Sep 2020 07:00:28 +0000 https://landreport.com/?p=17214 Originally part of a land grant from King George III, the prestigious 1,115-acre farm and ranch stretches across the verdant Shenandoah Valley. Sometimes referred to as Court Manor, the working cattle ranch boasts exterior and interior fencing along with a pair of auction rings. Additional improvements range from a round bale barn and covered corral to two upright silos and several large ponds. According to the sellers, Woodside Farms has everything it takes to become a thriving cattle operation, expanding on the current herd of purebred angus. The property’s sublime, 7,500-square-foot Greek Revival home dates to around 1800. Each living area enjoys sumptuous views of open farmland and Virginia’s Massanutten Mountain. The property will be offered in six tracts. Hall and Hall, in conjunction with Cottonwood Commercial and Cottonwood Auctions, is managing the auction. Click here to read more. ]]> 17214 0 0 0 https://landreport.com/2020/09/land-report-september-2020-newsletter/ Tue, 15 Sep 2020 07:00:30 +0000 https://landreport.com/?p=17217 The Summer issue of the Magazine of the American Landowner is one of the many highlights of our September newsletter, which also includes these timely stories:

• Icon Global Group's Call for Offers on five Texas ranches.
• A $20 million price reduction on Virginia's Eldon Stock Farm.
• US farm income projected to jump to $102 billion in 2020.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17217 0 0 0 https://landreport.com/2020/09/conservation-fund-acquires-sweetwater-lake/ Fri, 18 Sep 2020 07:00:57 +0000 https://landreport.com/?p=17220 The 488-acre purchase of one of Colorado’s largest natural lakes means the water and surrounding terrain will fall under federal protection thanks in part to the Great American Outdoors Act, which the Senate passed on June 17. Once approved by the House of Representatives, the legislation will fund the Land and Water Conservation Fund for conservation projects such as Sweetwater Lake. “The outdoor recreation industry has grown exponentially in recent years, accounting for more than three percent of our state’s economy,” said Colorado 3rd District Representative Scott Tipton. “We anticipate and welcome continued growth in the industry, and this expansion of Sweetwater Lake will certainly help meet the demand for greater access to one of our most visited National Forests.” According to the Conservation Fund, the White River National Forest attracts around 13.5 million visitors a year and supports nearly 25,000 jobs. Click here to read more. ]]> 17220 0 0 0 https://landreport.com/2020/09/whitney-park-listed-for-180-million/ Mon, 21 Sep 2020 07:00:56 +0000 https://landreport.com/?p=17226 William C. Whitney established the 36,000-acre Adirondack landmark in 1897. He paid $1.50 an acre for approximately 80,000 acres in and around the New York township of Long Lake. Socialite, philanthropist, and renowned Thoroughbred breeder Marylou Whitney inherited the estate in 1992. Whitney died in July 2019. Her husband, John Hendrickson, will be marketing the property himself. The estate encompasses 80 miles of roads, 22 lakes, and a trapper’s cabin that dates to the 1800s. With 17 bedrooms and 11 bathrooms, Deerlands, Whitney Park’s main residence, rises above its setting along the shores of Little Forked Lake. At approximately $5,000 per acre, the wooded property also features a commercial timber operation. Bear, moose, deer, and bald eagles abound. Adirondack conservationists are calling on the State of New York to acquire the estate for preservation and recreational purposes. Click here to read more. Photo Credit: John Hendrickson ]]> 17226 0 0 0 https://landreport.com/2020/09/fish-wildlife-service-proposes-rule/ Thu, 24 Sep 2020 13:34:54 +0000 https://landreport.com/?p=17230 This landmark development will impact the listing of endangered and threatened species. The agency’s proposed definition aligns with the Supreme Court’s 2018 decision in Weyerhaeuser Co. v. the US Fish and Wildlife Service, which held that an area may only be eligible for designation as a critical habitat under the 45-year-old Endangered Species Act if it is indeed a habitat for that particular species. The proposed rule defines habitat as containing food, water, cover, or space essential for a creature’s survival. “Improving how we apply this important tool will result in better conservation outcomes and provide more transparency for countless stakeholders such as private landowners, industry, and states,” said Rob Wallace, assistant secretary for Fish and Wildlife and Parks. Click here to read more. ]]> 17230 0 0 0 https://landreport.com/2020/09/chipotle-invests/ Mon, 28 Sep 2020 17:44:46 +0000 https://landreport.com/?p=17234 The fast-casual chain donated $125,000 to the Niman Ranch Next Generation Foundation’s scholarship program, supporting new farmers and future leaders in sustainable agriculture. The partnership between Chipotle Mexican Grill and Niman Ranch dates from 1998 when the eatery’s founder embraced the Niman Ranch model after visiting its original hog farmer, Paul Willis. Chipotle continues to serve beef and pork from Niman Ranch, a community of more than 750 independent family farmers and ranchers dedicated to traditional, humane, and sustainable practices. “Offering Niman Ranch products on our menu enables us to serve sustainable food raised humanely by farmers whose ethical practices align with our values,” said Brian Niccol, chairman and CEO of Chipotle. “After more than 20 years, we’re still proudly working together and look forward to cultivating the future of farming.” Since 2006, the Niman Ranch Next Generation Foundation has awarded 273 scholarships. Click here to read more. ]]> 17234 0 0 0 https://landreport.com/2020/10/finance-committee-slams-bogus-appraisals/ Fri, 02 Oct 2020 07:00:39 +0000 https://landreport.com/?p=17243 The bipartisan Senate Finance Committee determined that inflated property appraisals and “sham partnerships” often enabled tax cheats to claim more in deductions than lawfully allowed. Investigators unearthed emails detailing how crooked syndicators engineered easements to yield more lucrative tax breaks by overinflating land values. Such illegal activities have drawn IRS scrutiny over the last several years. In 2019, the IRS spotlighted syndicated conservation easements as a scheme taxpayers should avoid while at the same time estimating that such plots accounted for more than $20 billion in fraudulent federal tax deductions from 2010 to 2017. The Finance Committee report, which was released in September, calls for an increase in IRS enforcement as well as legislation to curtail dubious deals. Click here to read more. ]]> 17243 0 0 0 https://landreport.com/2020/10/eldon-stock-farm-at-55-million/ Tue, 06 Oct 2020 00:00:53 +0000 https://landreport.com/?p=17257 Eldon Stock Farm is now being offered at $55 million cash, down from $75 million. This singular 7,100-acre landholding — only 75 miles from Washington, D.C. — offers tremendous conservation opportunities and even greater potential for strong investment returns. Painstakingly assembled through 60 transactions by the Lane Family out of Chicago (a feat utterly unlikely to be replicated in the Mid-Atlantic today or anytime in the future), the pristine property sprawls across Virginia’s Rappahannock County beneath the Blue Ridge Mountains. Since 1961, the Lane Family has overseen the farm’s cattle operation, a herd of 850 developed from decades of careful bovine genetic study. The land offers myriad options for its principle focus. The Commonwealth of Virginia, meanwhile, has created exceptional tax incentives – on top of what the federal government’s offering — as part of a strategy to spur the donation of conservation easements. Read more HERE. Photo Credit: Gustav Schmiege III]]> 17257 0 0 0 https://landreport.com/2020/10/sold-chadbourne/ Wed, 07 Oct 2020 07:00:54 +0000 https://landreport.com/?p=17260 ROYAL ROOTS | William Chadbourne arrived in the New World in 1634 at the behest of King Charles I.[/caption]

The Conservation Fund acquires CHADBOURNE TREE FARMS from a pioneering New England family.

PHOTOGRAPHY BY JERRY MONKMAN A premier swath of high-quality timberland in Western Maine that has been utilized as a working forest since the late 19th century has found a new owner, one whose goal is to ensure the forested tract retains its integrity for centuries to come. The Conservation Fund, a non-profit organization that combines environmental preservation with economic development, recently completed the acquisition of 15,408 acres from Chadbourne Tree Farms. The property was acquired through a bid auction process managed by LandVest. The transaction was finalized on June 12. The Conservation Fund seeks to protect the forestland from fragmentation and development while providing economic opportunities through continued timber operations as well as outdoor recreation possibilities. “Over the years, the Chadbourne family accumulated and cultivated a premier forest that is the envy of people throughout New England,” says Tom Duffus, vice president and Northeast representative of The Conservation Fund. “For generations, this property has been relied on by communities in the area for jobs, scenery, clean water, and fishing.” The Conservation Fund was able to acquire the property through its green bond partnership with Goldman Sachs. This funding source enables The Conservation Fund to purchase land and manage it while simultaneously working to permanently conserve the property. In most cases, the property remains in private hands. “There’s a big challenge around the country as these large timberland tracts that used to be owned by the forest-products industry get broken down into smaller and smaller pieces. And once they do, it’s hard to put them back together again,” says Brian Dangler, The Conservation Fund vice president and director of the Working Forest Fund. “Our mission is to stop that fragmentation and parcelization process, and to keep these large tracts of working forests like Chadbourne together.” [caption id="attachment_17263" align="aligncenter" width="739"] TALL TASK |Next moves for The Conservation Fund include balancing recreation uses, conservation needs, and water resources with a profitable timber component.[/caption] Along with approximately 6,200 board feet per acre of saw timber that is produced, the transaction secures 33.5 miles of river and tributary frontage, including nearly 3,000 acres of land within the Crooked River Watershed. This is the primary tributary to Sebago Lake, which is the water source for more than 200,000in the Portland area and one of only 50 public water supplies in the country that does not need filtration. “There is a vigorous effort on the part of the Portland Water District and a consortium of land organizations called Sebago Clean Waters to conserve 35,000 acres in that watershed,” Duffus says. “So this project gets them almost 10 percent of their goal in one transaction.” In addition, the property is adjacent to Bethel Village Trails, an extensive network of public paths designed for cross-country skiing, hiking, mountain biking, and snowmobiling. Duffus says The Conservation Fund’s acquisition of the land will create an opportunity for an additional 100 miles of trails, connecting the ski areas of Sunday River Resort and Mt. Abram Resort. The property also features the 978-acre Tumbledown Dick Mountain, a popular area for rock climbing, hiking, and backcountry skiing. “The old economy of Maine, which is based on timber production and paper mills, and the new outdoor recreation market can happen together,” Dangler says. “The continuation of the forest products industry needs to be stabilized for all the jobs that it produces in the local area, but there’s no reason why that can’t coexist with conservation. When it does, the local economy becomes more stable. You can have compatible economy development along with land and water conservation. This hits on all cylinders.” Originally the ancestral homeland of the Wabanaki people, the forested terrain was transformed into a timber tract after King Charles I of England dispatched William Chadbourne to establish a sawmill in 1634. Chadbourne’s water-powered sawmill in South Berwick is believed to be the first of its kind in the New World. Later generations of Chadbournes moved the operations farther inland to the Bethel and Waterford areas. The tract of land sold to The Conservation Fund was established by the Chadbourne family through a series of purchases over a span of more than 150 years. “We’ve bought, sold, and traded various lots in order to piece the land together in a way that made it more advantageous and economical for us to operate,” says Bob Chadbourne, an 11th generation member of the family. “We mostly managed white pine because it’s a fast-growing, high-valued species, but we’ve also grown oak and maple. We’ve tried to work the investment with whatever would grow best.” [caption id="attachment_17264" align="aligncenter" width="588"] GREEN BONDS | The Conservation Fund financed the Chadbourne acquisition with green bonds issued by Goldman Sachs. These fixed-income instruments raise capital for programs that benefit the environment.[/caption] While the Chadbourne family will continue to maintain its ownership of other timber tracts in Western Maine as well as other parts of the Pine Tree State, Bob Chadbourne says family members decided to monetize select portions of their current holdings. “I’ve really loved this land, but we just thought it was time to sell,” Chadbourne says. “It’s been our goal to keep the land protected and attractive through long-term stewardship administered by generations of our family, along with the help of many skilled and hardworking employees, associates, and contractors.” Chadbourne singles out the goals of the new ownership as praiseworthy. “I appreciate the goals of The Conservation Fund to ensure that this land will remain forested and continue to provide timber resources and other benefits for years to come,” he says. The Conservation Fund’s Duffus is adamant that Chadbourne Tree Farms is in good hands and will be ably stewarded in the future. “This exceptional forestland has been innately linked to the character of Western Maine for generations,” he says. “The Fund is committed to honoring the exemplary legacy of the Chadbourne family and, together with our partners, securing public support to conserve this working forestland in perpetuity.”]]> 17260 0 0 0 https://landreport.com/2020/10/trillion-dollar-bet/ Fri, 09 Oct 2020 07:00:32 +0000 https://landreport.com/?p=17267 For a glimpse of what could happen to a trillion dollars’ worth of American farmland, meet Ray Williams. He’s a lawyer-turned farmer, growing organic grain and feeding young cows on 3,000 acres in Northeastern Oregon. Last year, he and his brother Tom decided that they were getting too old for the long hours and hard work. “We told our clients, you don’t want to rely on senior citizens for your high quality organic products. Trust me on this,” says Williams, 68. Their farm sold for $23 million. The buyer was a company registered in Delaware with a mailing address in Manhattan. The people behind that company wish to remain anonymous. This left Williams with a pile of money to invest, and he parked almost $3 million of it in farmland halfway across the country. He bought 293 acres in Butler County, Iowa, from a farmer named Rich Showalter, and another 160 acres in O’Brien County from the estate of a woman who was born in Iowa but died in Indiana at the age of 100. The end result: Control over this land has passed to people with little personal connection to it, who live a thousand miles away. The new owners will decide what happens to that land, whether to plow or drain it, or even to stop farming it entirely. Their decisions will have profound effects on rural communities, wildlife and even the global climate.

A well-cared-for house is going to appreciate at a much higher rate than the house that wasn’t cared for. And farming’s the same way. —Steve Bruere

Similar deals are likely to happen on a massive scale in the coming years, according to Dave Muth, who helped Ray Williams sell and buy his farms. Muth is a partner with Alternative Equity Advisors, which is affiliated with Peoples Company, an Iowa-based brokerage. “Right now, over 80 percent of the farmland in the country is owned by somebody 55 or older, and roughly half of [them are] 75 or older,” Muth says. “We’re going to have an incredible shift in value over the next five to 20 years.” Farmland has become steadily more expensive, and the pool of farmers and their heirs who can afford to buy it is shrinking. Yet there’s a growing appetite for it among investors, including pension funds and wealthy individuals like Williams. One large group of pension funds says that its members now own almost three times more farm properties than a decade ago. The market value of those holdings has quintupled. The day I met Steve Bruere, the president of Peoples Company, he had to step out of the room for a while to talk to someone on the East Coast who has $25 million available to spend on farmland. “Yeah, he wants to hop on a plane and come out and see us in two weeks,” Bruere said. “That’s how this stuff goes.” Absentee ownership itself has been common for many years. About half of Midwestern farmland is owned by people who don’t actually farm it themselves. But it’s highly fragmented. Most landowners have relatively small parcels — perhaps 40 to 160 acres — that were passed down through family connections, often from relatives who once farmed it. Today’s farmers now compete for that land, often leasing parcels from many different owners. [caption id="attachment_17289" align="aligncenter" width="588"] Ray and Tom Williams are pictured here with Bob Moore of Bob's Red Mill, a longtime buyer of Williams Hudson Bay organic produce. Photo courtesy of Bob's Red Mill.[/caption] Critics of large-scale, capital-intensive farming say that absentee ownership, even in its current form, has been destructive. They say that rented farmland often gets abused; that tenant farmers won’t spend money protecting soil and water because they can’t be sure that they’ll be around to see the benefits of that investment. Many non-farming landowners won’t pay, either, simply because it cuts into their short-term rental income. Sarah Carlson, from an environmentally minded group called Practical Farmers of Iowa, points to the example of “cover crops,” which farmers plant in the off-season to protect the soil and reduce water pollution. She’s compared maps of Iowa that show rates of cover crop adoption and the prevalence of rented land. “It’s really dramatic, the two maps, placed next to each other,” she says. “Where the cover crops are, and where the cash rent land is: They’re opposite.” On the land that Ray Williams acquired from Rich Showalter, little seems to have changed, at least for now. It’s a big flat field of corn and soybeans just north of the small town of Dumont and the West Fork of the Cedar River. This was once wetland and prairie, the land of native people known as the Sauk and the Meskwaki. In the 1850s, the federal government sold it off to white settlers. Records at the Butler County recorder of deeds show that a dozen people have owned it since then. Rich and Sharon Showalter held it longer than any of the others. This was the first land that Rich bought when he began farming, with his father’s help, in 1975. Today, at 74, he’s still farming with his three sons. He’s attached to this land. “After 50 years, I know this farm pretty good,” he says. But his sons wanted to sell, because it’s inconveniently located 20 miles from his “home place” and the rest of his land. “They talked me into it, I guess,” he says. Changes are about to arrive, and in this case, at least, they could be good news for Iowa’s water and wildlife. Peoples Company promotes itself as an environmentally conscious farm manager, and when it advised Ray Williams on his land purchases, it carried out a profitability analysis of the land, adding up the cost and the revenue from each acre. The company told Williams that it probably isn’t worth trying to grow crops on a low-lying part of the farm close to the river. The soil there is too often wet, despite underground drainage pipes. Williams says he’s willing to stop farming that land. “Maybe you put pollinators [habitat] there,” he says. “I think we have an obligation to do what we can for the environment.” The farm’s new managers, who work closely with Peoples Company, may also stop tilling these fields, planting crops instead by drilling seeds into undisturbed ground. Environmental advocates say both steps can protect water and soil and capture carbon from the air. Bruere argues that this is logical and that investors understand that it makes long-term financial sense to protect the environment. “I think the institutional capital — the ‘smart money,’ if you will — is ahead of a lot of people in agriculture in understanding that these farms need to be managed in a sustainable manner,” he says. “A well-cared-for house is going to appreciate at a much higher rate than the house that wasn’t cared for. And farming’s the same way,” Bruere adds. The more obvious change, though, is the soaring ambition that big-time investors sometimes bring. Among the most dramatic examples is a 25,000-acre farm — if one can call it that — in the southwest corner of Arkansas near the Texas border. Goldcrest Farm Trust, a real estate investment fund, acquired the land in 2018. Edward Hargroves, cofounder of Goldcrest, says that “we’ve been cleaning ditches, leveling land, ripping out weeds and trees and putting in massive pumping stations on the river so that we can re-irrigate it, putting in 70 miles of pipeline across the property.” Hargroves says that the scale of this property opens up possibilities that are beyond the reach of any ordinary farm. “You can start to talk to food companies, multinationals, sovereign [governments] and say, ‘In one area, you can grow millions of bushels of corn or soy or rice or cotton or wheat,’” Hargroves says. Dave Muth, from Alternative Equity Advisors, says that farming “almost has to” move in a more high-tech, largescale direction. But this is not a popular view in rural communities, where many mourn the loss of local control. Even people who have profited from this trend have regrets. “I would rather sell it to fellow farmers, neighbors,” says Rich Showalter. But none of his immediate neighbors were ready to take on the whole property. “It’s just a lot of money, you know?”

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Copyright 2020 National Public Radio, Inc. News report titled “Big-Money Investors Gear Up For a Trillion-Dollar Bet on Farmland” by Dan Charles was originally published on npr.org on July 30, 2020, and is used with the permission of NPR. Any unauthorized duplication is strictly prohibited.]]> 17267 0 0 0 Ray and Tom Williams | Williams Hudson Bay Farm, Umatilla County, Oregon]]> An aging demographic heralds a seismic shift in agricultural asset ownership. — Dan Charles]]> https://landreport.com/2020/10/2020-world-food-prize/ Tue, 13 Oct 2020 07:00:54 +0000 https://landreport.com/?p=17271 PEACE ON EARTH | The 2020 World Food Prize laureate sees a direct correlation between the degradation of soil and political instability. Protecting soil resources promotes peace on earth.[/caption]

Following in the footsteps of the great Norman Borlaug, RATTAN LAL is honored for bettering the lives of millions worldwide.

The World Food Prize, widely regarded as the Nobel Prize in agriculture, has been awarded to Ohio State soil scientist Rattan Lal. According to the 2020 prize committee, more than a half-billion farmers worldwide have directly benefited from Lal’s ag management techniques. The committee likewise credits Lal’s pioneering work with saving hundreds of millions of hectares of rainforest. “If soils are not restored, crops will fail even if rains do not [fail] ... and humanity will suffer even with great scientific strides,” says Lal, who came to the US in the 1960s to study soil science. He subsequently earned his Ph.D. from Ohio State. “Political stability and global peace are threatened because of soil degradation, food insecurity, and desperateness. For future generations, it is very important that soil resources must be protected, preserved, restored, and enhanced,” Lal adds. Raised on a 7-acre farm in Northern India, Lal has devoted five decades to advancing soil-saving practices around the globe. Twenty years ago, he established Ohio State’s Carbon Management and Sequestration Center as part of a larger effort to promote the physical health of soil, which he describes as a living entity. He has long championed the introduction of carbon into distressed soils alongside nitrogen, phosphorous, and potassium as an ecosavvy way to accelerate plant growth. Efficiency remains at the heart of his work. He strives to educate farmers about how a mere 30 percent or less of irrigation water actually reaches crops planted in depleted soils. The same metrics, his research shows, also hold true for fertilizer. [caption id="attachment_17274" align="aligncenter" width="1200"] LIFELONG TEACHER | Whether it be with Haitian farmers (left) or his students at Ohio State (above), Lal generously shares his insights and research.[/caption] First bestowed in 1987, the World Food Prize was the vision of Norman Borlaug (1914-2009), the only agricultural scientist ever to win the Nobel Peace Prize. Named by TIME as one of the most influential minds of the 20th century, Borlaug is universally regarded as the father of modern agriculture. Borlaug’s story in many ways mirrors Lal’s. Both scientists grew up on small farms in rural communities with Borlaug’s Norwegian-American parents making their home in Northeast Iowa. Each researcher used his advanced degree — Borlaug earned a doctorate in plant pathology at the University of Minnesota — to pursue ways in which world agriculture could sustain explosive population growth, thereby preventing human catastrophe. Borlaug worked with farmers and scientists to create GMOs with an emphasis on hearty varieties of rice and wheat. An early success — supported by the Rockefeller Foundation and the Mexican government — centered on ways to combat dwarfing and stem rust. Borlaug is credited with saving a billion people from death by starvation. For his part, Lal’s soil-centric approach to farming has received recognition for mitigating climate change while at the same time increasing food production. He has worked with farmers in Africa, Asia, and Latin America to eliminate both tillage and the use of chemical fertilizers, thereby reducing greenhouse-gas emissions. Following the prize announcement on June 11, Lal pledged to donate the $250,000 that accompanies the award for soil research and education. He continues to serve as Distinguished University Professor at Ohio State’s College of Food, Agricultural, and Environmental Sciences.]]> 17271 0 0 0 https://landreport.com/2020/10/farm-income-hits-7-year-high/ Wed, 14 Oct 2020 22:00:48 +0000 https://landreport.com/?p=17277 The largest direct farm payments ever – to the tune of a record-smashing $37.2 billion – have bolstered farm sector income in 2020. While seeking to soften the impact of the pandemic throughout the ag sector, the Trump Administration directed the USDA to allocate federal payments that should equal 36 percent of net farm income for the year. Economists project overall annual income to hit $102.7 billion, representing a 23 percent hike. Meanwhile, net farm income could increase to $18.3 billion, up 21.7 percent from 2019. The USDA plans to revise its income projections on December 2. In August, Agriculture Secretary Sonny Perdue spoke of a new version of CFAP2. The anticipated extension of the Coronavirus Food Assistance Program could include another $14 billion in federal payments. Direct farm program payments cover a range of areas, including traditional crop subsidies, land stewardship, and dairy support. Click here to read more. ]]> 17277 0 0 0 https://landreport.com/2020/10/land-report-october-2020-newsletter/ Thu, 15 Oct 2020 07:00:32 +0000 https://landreport.com/?p=17304 A $43 million sale and a key acquisition for Floridians, and another high-profile transaction for Dean Saunders — that's the lead story of our October newsletter. The Florida broker listed the Bluffs of St. Teresa more than five years ago, and both buyer and seller have been richly rewarded by his persistence. Other timely reads from this month's newsletter include:

• Matador Ranch listed by Sam Middleton for $124 million.
• RiverStone Ranch goes on the auction block October 28.
• Peoples Company to auction 1,694 acres of South Dakota farmland on November 18.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17304 0 0 0 https://landreport.com/2020/10/browning-superposed/ Thu, 15 Oct 2020 07:00:50 +0000 https://landreport.com/?p=17281 UPDATED AND UPGRADED | A new foreword, a new chapter, and more than 650 photographs enhance the 2020 edition.[/caption]

Devotees of the BROWNING SUPERPOSED will find their fealty rewarded with this sumptuous volume.

In 1996, history’s best-selling over/under shotgun got its due when Krause Publications brought to market The Browning Superposed: John M. Browning’s Last Legacy by Ned Schwing. A firearms historian with interests that ranged from blueing and browning techniques to iconic sporting arms such as Winchester slide action rifles and the Winchester Model 21, Schwing outdid himself with The Browning Superposed, delving into the development of the legendary gun as well as the personalities who forged it. The 2020 edition of Browning Superposed ($495) honors the last of the high-quality, hand-built, hand-engraved over/unders by supplementing Schwing’s scholarship with two additional elements: an introduction by Browning Superposed collector Jim Hendricks and a chapter that focuses on the modern-day Browning Arms Company by Marcus Janssen. The result is a keepsake that will appeal to any hunter who has admired this great gun in the field as well as trap or skeet shooters who have used the Superposed in competition. [caption id="attachment_17284" align="alignleft" width="588"] Russell Gordy, Gordy & Sons[/caption] “There’s a huge Browning following,” Russell Gordy tells me on a phone call from his Double Arrow Ranch. “That’s what gave our general manager, Mike Burnett, the idea of doing a new edition. He got a copy of the original, the 1996 edition, and we thought it could be done better.” In addition to its unrivalled inventory of Best guns, Gordy & Sons has enjoyed terrific success with the Superposed. “We’ve sold hundreds of them. We bought 200 from this one guy, a collector who had spent 25 or 30 years acquiring them. Right now, I bet we might have 15 of those guns left. And we bought quite a few more from other people,” he says. Gordy & Sons can’t keep the smaller gauges of the Superposed in stock. Gordy admits that he kept one of the .410s for himself. Clearly, the book has a ready-made following. “Anyone who likes American history and the story of John Browning will love this book,” Gordy says.]]> 17281 0 0 0 https://landreport.com/2020/10/westward-ho/ Mon, 19 Oct 2020 19:26:43 +0000 https://landreport.com/?p=17290 UNDER THE MILKY WAY | Early evening at the Ranches at Devil's Thumb[/caption]

As sheltering in place becomes more common, so too does the allure of living in the American West.

By: Corinne Gaffner Garcia When COVID-19 began spreading around the world, it took a while for the gravity of the pandemic to resonate here in Bozeman. No matter the stories on the evening news, life just feels safer here. We’re more sheltered, better protected, almost insulated. When lockdowns were ordered, those of us living in the Rockies could still hoof it down a trail or wet a hook and indulge in an abundance of elbow room courtesy of the great outdoors. It was not lost on me that hundreds of millions of Americans were unable to enjoy similar escapes or the same sense of peace in urban settings. Life in the time of COVID has led many of us to embrace a seize-the-day approach to how we live our lives. One of the manifestations of this mindset has been a sudden migration from all parts of the country to the Rocky Mountains. Dan Murphy of Colorado’s M4 Ranch Group says his brokerage has seen a surge of inquiries from a broad range of urban centers, including Denver, Austin, Houston, Miami, Cincinnati, and New York City. “I think people realize that our world is not that far from going feral,” he says. “To have a place where you can be safe and secure really means something. It’s been an awakening.” Tom Hilley with Live Water Properties seconds this sentiment. “I think everyone has this feeling that their world has been turned upside down,” he says. Hilley has witnessed the first wave of the Great Rocky Mountain Migration. “Not everyone can get out here. We’re so busy just corresponding [with clients] right now. And it’s not just those on the East Coast. It’s anyone from anyplace with population density.” Whether it be for skiing, hiking, or fly fishing, those who have traditionally vacationed out West have realized that their favorite getaways could become home sweet home. “When the restrictions started happening and we weren’t able to go into work, people started working remotely. Many still are,” says Tracie Wall, marketing manager at Jackson Hole Real Estate Associates. “This has opened the door to a change in lifestyle, and that means living anywhere. With gorgeous landscapes and wide-open spaces, the Mountain West is no longer just a place to vacation. It now enjoys serious consideration as a place to live.” Travis Driscoll with Beaverhead Outdoors says that the scenery is the primary attraction to the West. “There’s an inherent beauty in the Rocky Mountain region that many people are extremely attracted to,” Driscoll says. “They vacation here, and they recreate here, so they have already built a passion for the area. Temperate climates, recreational opportunities, and opportunities to own larger acreage is a natural fit for those wanting to escape an urban lifestyle.” But roughing it isn’t for everyone. Some venues are too rustic, too remote. “Much of Utah is very user friendly for those looking for outdoor adventure,” says Scott Bates of Salt Lake City-based Bates Land Consortium. Bates has two sporting ranch listings, including Red Cliff Ranch. Both are situated in small agricultural communities, yet each has convenient access to world-class resorts and major airports. At the beginning of 2020, both listings were generating tens of thousands of hits on Zillow. After the onset of the pandemic, visitation spiked to more than 160,000 hits in a matter of weeks. Almost all subsequent showings have been with city dwellers. “They’re looking for a mountain retreat, but they don’t want to be off the grid,” Bates says. “Red Cliff Ranch, for example, sits just outside of Heber City. You can park your jet there or fly commercial to Salt Lake City. You can ski Park City or Deer Valley and have dinner at Sundance. And if you want, you can be completely secluded in no time.” Remote, yet not too far … that’s the beauty of living in the Rockies.]]> 17290 0 0 0 https://landreport.com/2020/10/italian-spinone/ Thu, 22 Oct 2020 07:00:02 +0000 https://landreport.com/?p=17294 NOT A WATER DOG | When Garrett Gordy asked his father to babysit Pony, he told him she didn’t like water and wasn’t much of a swimmer.[/caption] Text and photography by LYNN DONALDSON Russell Gordy is my neighbor. Let me rephrase that. Russell Gordy’s 48,000-acre Double Arrow Ranch sits just outside Livingston, the Montana town where my family and I live. Russell is a Texan, a native Houstonian, and he and his wife, Glenda, love to escape the heat and spend their summer on the Double Arrow with a passel of grandkids and a very special Italian Spinone called Pony who actually belongs to Russell’s son Garrett. Pony’s full name is Paonia, but if you start to get into particulars, you’ll miss the whole point of the story. Italian Spinones are hunting dogs. They track. They point. They retrieve. This one? She likes to fish. [caption id="attachment_17297" align="alignright" width="300"] PLAYING IT COOL | Pony chills in the shallows.[/caption] Here’s how it goes. First, Russell preps the pond by throwing a couple of handfuls of fish food into the water. Pony waits patiently by his side. As soon as the fish food hits the water, the trout begin to feed. This is not a silent endeavor. The pond literally explodes into a cauldron of tiny, noisy ripples. We have just passed the point of no return. Pony can’t contain herself and throws herself headlong into the water. As soon as she belly flops, the 8-year-old immediately wants to be everywhere at once. Fish are in front of her. Fish are behind her. Fish are beside her. The more I watched, the more I was sure that those trout must be messing with her. As I circled the edge of the pond taking shots from different angles, I kept thinking that I was going to get a Thomas Mangelsen-like image: Pony with her mouth wide open and a rainbow sailing in. One of Pony’s favorite maneuvers is to scoot in close to the bank where she can actually stand and then try to swat one of the trout in the shallow water with her paw. I was half expecting her to grab one with her teeth. No such luck. Pony is not a small dog. I found myself growing anxious as I watched her swim so aggressively. She swam and swam and chased and chased, but never once did she tire or come to shore. Two or three times, Russell tried to coax her into taking a break. They were the only instances when she didn’t mind her master. I was too busy laughing, and so was Russell. How does the poor girl see with all that wet hair hanging over her eyes? It doesn’t look possible. It made me so happy to see this beautiful goofball having that much fun. Russell is incredibly patient with her and obviously enjoys watching her have such a good time. [caption id="attachment_17298" align="alignleft" width="300"] CATCH AND RELEASE | The chase begins again.[/caption] Russell and Pony worked all three ponds by the main lodge, which was designed by Locati Architects and built in 2014. At the final pond, Russell made Pony stay out of the water until he hooked a fish. You could tell the dog desperately wanted to be in the water, but she was such a good girl. As soon as Russell set the hook, the fish began darting in every direction. Pony did the same thing — but on the shore. As Russell reeled in the cutthroat, Pony grew incredibly still and focused. What was more amazing was how gentle she was. A lot of dogs that I’ve been around would have gone berserk and caused the fish to get away as it was brought in. Not Pony. Intense? Yes. But she wasn’t at all aggressive. In fact, she was really gentle. When it came time for Russell to release the fish, Pony let it swim away without a second thought. Clearly, the chase is where the action is for this girl. For the rest of the day, the two buddies worked the still water side by side. Russell chatted with Pony and described which fish he was going to land and how he was going to do it. Pony alternated between watching the water and glancing at his pal. Those two really know how to have a good time together.]]> 17294 0 0 0 https://landreport.com/2020/10/the-land-report-fall-2020/ Thu, 15 Oct 2020 07:00:39 +0000 https://landreport.com/?p=17299 Who wouldn't want to check our annual Investing Issue with Stella on the cover? Go behind the scenes on some of the most successful landowners nationwide. What's in it for you? A trove of cutting-edge insights as well as personal anecdotes on investing and improving these vastly different holdings:

• Ranchland: Colorado's Devil's Thumb
• Estates: Virginia's Home Track Farm
• Farmland: Investors' Trillion-Dollar Bet

Also in our Investing Issue: a deep dive into the robust Southeast market, which has been swarming with activity in 2020.]]> 17299 0 0 0 https://landreport.com/2020/10/floridas-bluffs-of-saint-teresa-sells/ Mon, 26 Oct 2020 07:00:26 +0000 https://landreport.com/?p=17306 The State of Florida, in conjunction with a suite of conservation partners, has paid $43 million for the Bluffs of Saint Teresa, a strategic 17,000-acre tract on the Gulf of Mexico in North Florida. Dean Saunders, founder and managing director of SVN | Saunders Ralston Dantzler Real Estate, brokered the sale on behalf of Ochlockonee Timberlands. Sanders worked with The Nature Conservancy, which contributed $2.25 million toward the purchase price. The US Department of Defense kicked in $2.19 million. The acquisition boosts the total of protected landscape in Florida’s Big Bend area to more than one million acres. The Bluffs of Saint Teresa share a continuous border with Bald Point State Park and remain one of the most expansive tracts of undeveloped land on the Gulf Coast. In addition to 17 miles of waterfront, the landholding includes interior lakes, wetlands, floodplain swamp, salt marshes, tidal creeks, and dunes. Plus, the habitat is home to rare plants and endangered species. ]]> 17306 0 0 0 https://landreport.com/2020/10/great-escape/ Fri, 30 Oct 2020 22:52:00 +0000 https://landreport.com/?p=17332 SMILE! Greg and Shannon Fay with their boys Sam, 14, and Ben, 11. [/caption]

One of the many city dwellers who have taken refuge on their land, GREG FAY shares how he and his family have made the most of life during the global pandemic.

By Corrine Gaffner Garcia During the COVID-19 pandemic, landowners such as Greg Fay have holed up in the comfort of their Rocky Mountain retreats. Turns out the founder and owner of Fay Ranches has owned a ranch in Montana’s Ruby River Valley for more than 25 years. Although the Fays live just an hour away in Bozeman, when the shelter-in-place orders hit, they high-tailed it to the ranch. Greg’s boys and wife Shannon all have asthma and are at-risk. “We had no other human around for six weeks. The little grocery store in town does curbside pickup. It just felt very safe for my family. The other thing that was wonderful? I probably caught more big fish this spring than I have in the last five years combined,” he says. Fay feels extremely fortunate that his family has a retreat where they can social distance yet enjoy the many recreational opportunities that Montana has to offer. “It was an amazing six weeks,” Fay says. “It was almost like the rekindling of a romance. After 28 years of running my own business and having kids, we had never been at the ranch for that length of time during that time of year.” On a typical day in quarantine, the family woke up and took their bird dogs on their morning walk. When they returned, his two boys, ages 11 and 14, hit the books or logged on to their computers, did their virtual schooling, practiced their instruments, and plowed through homework. “And then around 4 or so, I’d go out fishing,” Fay says. “So when I say I’ve caught more fish, it’s because I’ve been able to take more time on the river. When I was single and running around in a camper van fishing, I had that immersion, I started to really watch the river. That’s what’s been happening here now.” The Fays witnessed the transition from winter to spring firsthand. “We were able to watch spring emerge,” Fay says. “From the geese and sandhill cranes to the caddis and golden stones [hatching on the river]. There were no deer in our hay field. Then the grass started to get greener. We saw these tiny little greens popping up, and deer flocked to it.” It’s clear to Fay that others are taking a closer look at the Treasure State. Fay Ranches dollar volume of closed transactions was up by 34 percent and closed transactions were up by 18 percent through the first quarter of 2020. Website traffic has also spiked, up 32 percent over 2019. “I think it’s a combination of factors. Because of the uncertainties of other investments in the stock market, bonds are going to go down and interest rates are going back up. Clients are looking to hedge inflation and are worried about all the money being printed. They want to put it into something stable and tangible, and land checks that box. Then you have the component of sheltering in place. Thankfully, we were able to come to our ranch, and it just feels very, very safe there for my family,” Fay says. Fortunately, it’s easier than ever to get to Montana via commercial airlines. Bozeman alone has eight airlines that offer non-stop flights to 21 cities nationwide. With easy access to medical care (especially in the state’s larger cities) and no shortage of shops that carry supplies, one can ride out any storm. And, it’s a place where people can easily keep their distance yet still enjoy the great outdoors, fly fishing and hiking the days away to their hearts’ content.]]> 17332 0 0 0 https://landreport.com/2020/11/historic-ditmars-ranch-preserved/ Tue, 03 Nov 2020 07:00:52 +0000 https://landreport.com/?p=17338 A multi-player conservation deal in Colorado resulted in the purchase of Ditmars Ranch, a 1,500-acre tract at the south edge of Castle Rock. Douglas County and the nonprofit Conservation Fund each ponied up $1 million for the sale of the cattle ranch, which will open for guided public events. (The state’s Open Space Sales and Use Tax, enacted and reaffirmed back in the 1990s, generated the county funding.) Don Ditmars, whose grandfather purchased the land in 1892, expressed gratitude that the conservation easement program will protect his family’s ranch from development or environmental exploitation. Hallmarks of the property include evergreen forest and grasslands as well as habitat for elk, mule deer, black bear, mountain lion, pronghorn, and bighorn sheep. Read more HERE.]]> 17338 0 0 0 https://landreport.com/2020/11/matador-ranch-lists/ Wed, 04 Nov 2020 07:00:28 +0000 https://landreport.com/?p=17342 With a price tag of $124.45 million, the 131,000-acre property sprawls about 75 miles northeast of Lubbock and ranks as one of the most historic and prestigious ranches in the Lone Star State. In 1952, Fred Koch bought the Headquarters Division of the famous ranch, which a Scottish syndicate founded 70 years earlier. In the decades following Koch’s acquisition, the Matador earned national acclaim for savvy management along with its quality cattle operation which focused on a Hereford/Angus cross of Black Baldy cows with Charolais, Hereford, and Angus bulls. Koch added to the original headquarters with subsequent purchases of the Wolf Creek Division (21,379 acres) to the southwest of the ranch. He later bought the Tee Pee City/Lucky Knob Division (41,077 acres), and the Russellville Division (31,962 acres), bringing the total acreage of the ranch to its present figure of 130,846 acres. Sam Middleton of Chas. S. Middleton & Son has the listing. Click here to read more.]]> 17342 0 0 0 https://landreport.com/2020/11/home-track/ Mon, 09 Nov 2020 07:00:30 +0000 https://landreport.com/?p=17346 GREEN MEADOWS The Todds became only the third owners of this delightful farmhouse that dates back to the 1860s.[/caption] When Overstreet brought Green Meadows to Shawn’s attention, buying a farm in Virginia was not top of mind. “I was just digging out of 2008 and 2009 as a developer,” Shawn recalls. “We were still reeling from the Great Recession, and the last thing I needed was a farm a thousand miles away. But I couldn’t help myself. On a beautiful fall day when I was up visiting the boys, I took George’s case study and drove out to the farm. I got out there and my heart just started pounding.” Shawn’s first call was to his son Philip. “What are you doing?” Shawn asked. “I’m going to class,” Philip responded. “Can you skip it?” Shawn asked. Minutes later, father and son were on their way to Green Meadows. “We spent hours hiking all over this wild, overgrown, not-cared-for property,” Shawn says. “And then I remember Philip specifically calling Cheryl and telling her, ‘Mom, you and Dad need to do this.’” Do it they did. In fact, they did it twice: first with Green Meadows, a homestead that dates back to the 1860s that belonged to the Earlys and the Cattertons, and then, when the land next door came on the market, with Home Track Farm, which dates back to Ezekiel Wilhoit’s ownership in the 1820s. Shawn and Cheryl’s takeaways are worth singling out.

No. 1 | Nurture the Land

“When you look at a farm, first look at what God gave you, the land,” Shawn says. “If someone’s been a good steward, if they’ve paid attention to their soils, to the streams and river frontage, then they’ve made sure that there were nutrients in the grass, they’ve made sure that the soil has been tillable and rich, and they’ve made sure that invasive species haven’t taken over the pasture land, let alone the all-important spring land and creek land and river frontage. Just like with old structures, people often walk away, they leave. They have their reasons. [caption id="attachment_17351" align="aligncenter" width="588"] ABUNDANCE | An essential element of the value of Home Track was its long overlooked natural resources.[/caption] “Our focus was to be a good steward of the soil and the land. That meant removing invasive tree species, bringing to life pastureland, preserving river frontage and creek frontage to keep invasive grasses and species out, replanting grasses that served as good filters and good buffers for those areas, and then not grazing the soil for a long, long time. We let the Earth replenish itself and add nutrients to the soil,” Shawn says.

No. 2 | Build Your Team

Carter Hilliard of Hilliard Estate & Land Management out of Charlottesville was brought on to supervise the remediation and rehabilitation program on the farm. (See “Where Legends Are Born,” The Land Report Summer 2020). In an earlier life, Hilliard was a broker with Frank Hardy Inc. and CB Richard Ellis. In 2009, he founded his own firm to help landowners such as the Todds improve and manage their holdings. The results of his efforts speak for themselves. “It’s been amazing to see the wildlife that’s here on the farm, to have the Lynch River that we trout fish and a pond that we bass fish with our fly rods. We deer hunt with our bows,” Shawn says. “But the joy that it harkens with me is to walk through a garden with my granddaughter, and to ride on a four-wheeler, and to walk along the river. It’s pretty clear that nature speaks to a great Creator. To see His handiwork when the wildflowers come in, the morning birds sing, the red fox that wakes up early, a marvelous buck standing in a field, or a black bear. It’s remarkable for your grandchildren to sit out under a big swing in a tree. That’s been a great joy.” Cheryl took charge of renovating the centuries-old structures as well as enhancing them for modern-day usage. Talented local craftsmen were identified and hired. Cindy Zelazny, who has worked with Todd Interests on major projects for more than 25 years, was enlisted to assist with the interiors. The goal was to give period furniture its due but to present it in a way that was both stylistic and of high design. “We tried to take things back to the way they were, only better,” Zelazny says. “We kept the integrity of the exterior but used materials, antique lighting, and things that would have been appropriate back then.” [caption id="attachment_17349" align="aligncenter" width="588"] TWO-OVER-TWO-OVER-TWO Just a few years shy of two centuries old, this traditional farmhouse has been lovingly expanded and updated.[/caption]

No. 3 | Work With What You've Got

This was especially challenging with the second acquisition, a two-over-two-over-two farmhouse built for the Wilhoit family in 1823 by the same contractor Jefferson used on Monticello. The kitchen and dining room occupy the sub-grade half floor, the parlor and study on the second, and two bedrooms on the third. A second phase was added in 1843, and a third addition 150 years later. “What a challenge — to bring an early 19th-century homestead up to a 21st-century level of style and accoutrements while being respectful of its history. Cheryl and Cindy nailed it,” Shawn says. The outbuildings were a project in themselves. The water system is centralized in an old milk house. A historic bank barn became an all-in-one media center, lounge, and party barn. Reputed to be one of the first bank barns in the Commonwealth, it was built with hand-hewn wooden beams 30 feet long and 18 inches wide. The Todds converted this monolith into a gathering place. “It’s our indoor playground for pool, shuffleboard, libations, college football, watching the Masters, and watching movies. Better yet, there is a marvelous corn crib right by the bank barn. Our remarkable farm manager, Tony, is a gifted craftsman. He’s converted it into a place to play bocce ball and corn hole,” Shawn says. A welcome outcome of these labors was a new career path for Caroline Todd. “Caroline had worked for an accomplished high-rise apartment developer and had received offers to go to a large investment bank,” Shawn says. “And she said, ‘You know what? I’ve seen what Mom and Cindy have done at Home Track. That’s what I want to do.’ So she founded her own firm, Todd Interiors, and now she’s working with us on $1 billion worth of projects alongside Cindy.” Shawn and Cheryl are considering placing a conservation easement on the remainder of the property to preserve the history and unencumbered views. “You’re sitting there in the shade with a gentle breeze, these 200-year-old oak trees, and the historical architecture, and it’s warming to your soul and your spirit,” Shawn says. “I get goosebumps frankly just talking about it. It’s really that passionate to us.”]]> 17346 0 0 0 A serendipitous meeting, a collegial chat, and a shared appreciation led to a vibrant renaissance for a centuries-old Virginia farm. Make that two farms.]]> https://landreport.com/2020/11/cargill-partners-for-impact/ Tue, 10 Nov 2020 21:29:15 +0000 https://landreport.com/?p=17353 The agricultural behemoth threw its support behind farm-led efforts to adopt practices and systems bolstering regenerative ag practices across 10 million acres of North American farmland over the next decade. The first phase of the initiative focuses on row crops including corn, wheat, canola, soybeans, and other staples. The long-term goal is to reduce greenhouse gas emissions in its global supply chain by 30 percent per ton of product by 2030. “The land is a farmer’s most valuable asset – key to their livelihood and productivity,” says Ryan Sirolli, Cargill sustainability director for row crops. “By supporting adoption of soil health principles with our farm partners, we can build healthy soils, increase resiliency and profitability, and ensure their success and the viability of their land for future generations.” Cargill plans to connect farmers to cost-sharing options while also buoying the development of new market-based solutions that incentivize earth-friendly outcomes. Click here to read more. ]]> 17353 0 0 0 https://landreport.com/2020/11/luck-of-the-devil/ Wed, 11 Nov 2020 07:00:45 +0000 https://landreport.com/?p=17356 Bob and Suzanne Fanch have crafted a love letter to the American West at Devil's Thumb Ranch. THE FIREPLACES ARE FASHIONED from landslide rocks. The floors are bathed in heat from the Earth’s core. And a restaurant resides inside the property’s original farmhouse — where an empty rocking chair still guards the homesteaders’ old bedroom. Every nook and cranny at Devil’s Thumb Ranch whispers a careful purpose. Out on the High Lonesome Zip Line, harnessed guests glide above the pines. Down on Ranch Creek, expert fly fishers teach visitors how to net a feast of cutthroats and rainbows. Up on a ridge near the cabins, horses run to pasture each evening at 5:15. All of it presents a meticulous medley of Rocky Mountain vibes, a thoughtful love letter to the American West. True, but spend a few minutes with owners Bob and Suzanne Fanch, and you’ll learn a little secret: There was no sweeping blueprint for constructing their pastoral, 6,500-acre haven just 90 minutes west of Denver. Quite simply, the ranch is a study in steady patience and staunch preservation. “I’d like to say we had a master plan, but we clearly didn’t,” Bob says with a laugh. “We kind of made it up as we went along.” “In essence, it was about the creation of buildings versus hiring consultants who might tell us, ‘Here’s what you need to scale the business.’ It was more around creating an experience,” Suzanne says. [caption id="attachment_17360" align="aligncenter" width="588"] SADDLE UP No matter the season, the great outdoors takes precedence at Devil’s Thumb facilities such as the Cabin Creek Stables.[/caption] Everything began with a 40-acre parcel and a quest commonly heard among people who work in the Denver office parks: Flee the grind of the city for the empty spaces of the high country. In 1977, Bob was renting a house in Denver and making a name for himself in the telecom world. He was still seven years away from founding Fanch Communications, which would become one of the nation’s largest cable-TV providers. That year, he bought his first small tract in the Colorado mountain town of Tabernash, which bears the name of a Ute Indian slain in 1878 by a local posse. Just 8 miles from Devil’s Thumb Ranch, Bob’s original holding offered a view of the Indian Peaks and a place to unplug and snowshoe. He built a log house and basked in the tranquility. “I loved that it was more remote, not nearly as developed as most of the other mountain towns in the area,” he says. “Just a beautiful place to be. I used to escape up there on weekends to get away from work, but it seemed to follow me up.” That work, however, was about to pay off. By the late 1990s, Fanch Communications, where he served as chairman and CEO, had grown to include more than 600,000 customers, including about 525,000 subscribers in a joint venture with Time Warner and the Blackstone Group. In 1999, he sold the company’s assets to Microsoft co-founder Paul Allen. By then, he and Suzanne had married. She had forged her own career as a Denver marketing executive. With the proceeds from his company’s sale, Bob purchased the 3,400-acre Diamond Bar T Ranch with its flowering meadows, just east of Devil’s Thumb. The land sparked Bob’s first bid to protect mountain vistas from developers who held different visions. [caption id="attachment_17361" align="aligncenter" width="588"] TELECOM TWOSOME Bob and Suzanne Fanch worked for separate firms in the nation’s cable capital, Denver. After they married, Devil’s Thumb Ranch became a shared project.[/caption] Prior to his purchase, developers had intended to slice up part of the Diamond Bar T into 10- to 15-acre parcels for new homes. Bob had been troubled by their plan. He saw a far different potential for that spread: An extraordinary destination for Rocky Mountain recreation – hiking, cross-country skiing, horseback riding, trout fishing, and much more. Just next door, the story was the same. The 450-acre Devil’s Thumb Ranch was a rugged-yet-dazzling spot beneath the Continental Divide – once home to the Ute and the Arapahoe, a stagecoach line, homesteaders, dairy farmers, and dude ranches. But in the late 1990s, Devil’s Thumb was under contract to a Dutch group that was eyeing the land for a condominium development and golf course. The Fanches toured the ranch with its six cabins, bunkhouse, barn, and restaurant. When they learned of the pending sale and prospective development, they offered a four-word assessment of it all: “Well, that’s a shame.” “As fate would have it, that deal fell apart,” Bob says. “It came back on the market, and my company had recently sold. It was just serendipitous.” In 2001, they bought Devil’s Thumb. The historic ranch takes its name from a rocky outcropping that juts out of a mountain high above the valley floor. Centuries before, Native Americans had settled their disputes and buried the devil, as the story goes, leaving just his thumb exposed to remind them of the evils of warring among themselves. The Fanches’ plan for the ranch was rooted in their respect for its history. On a ridge across the big meadow from the original ranch compound, they built eight guest cabins in two years. They relocated the stable. Then they began thinking about constructing a new main lodge near the 1930s homestead that would also be saved. The lodge eventually included 52 bedrooms. For its look, they found their muse on an Oregon peak. During a trip to Mount Hood, the couple visited the Timberline Lodge and its 1930s-era dining room, which was handcrafted into a hexagonal shape. “We flew our architect out there and said, ‘Copy this room,’” Bob says. “That became our dining room, Heck’s Tavern. We built the lodge around that shape.” Suzanne decorated each room with furniture, antiques, and Western touches from Texas, Wyoming, Washington, and beyond. More artistic concepts flowed whenever the Fanches traveled the West. [caption id="attachment_17359" align="aligncenter" width="588"] A TO Z From archery to zip lining, not to mention fly fishing, horseback riding, and hatchet throwing, Devil’s Thumb offers more activities than you can possibly tackle.[/caption] “It’s a little dangerous,” Suzanne says. “My husband is always looking for another adventure, another project. Every time we’re visiting some place, he’ll say, ‘Well, why don’t we do this?’ He pulls out his measuring tape and says: ‘Gosh, we could do this!’” Case in point: The Fanches insisted on painstakingly relocating two Civil War-era barns, piece by piece, from Indiana and Ohio to give guests massive rooms for meetings, weddings, dances, and live music. The barns’ beams still display the artisans’ original axe strokes. They also built an 18,000-square-foot spa on a quiet corner of the ranch meadow, then channeled geothermal energy to warm that serene space, the guest cabins, and other structures. And throughout the property, they installed wooden floors cut from beetle-kill pine. “We try to have everything in the construct fit on the land because the natural beauty of the place is so stunning,” Bob says. “We kept our development of the ranch to 90 acres. Maybe not even that much. We have been very careful not to impact the land.” “What inspired me toward that preservation ethic was the birth of our children. That brought another level of responsibility about protecting as much as we can for future generations,” Suzanne says. Their daughter Rachel, a recent college graduate, has long enjoyed riding horses on the miles of trails that crisscross Devil’s Thumb. Rachel also bears the distinction of being the first person (at age 6) to dip a toe into the ranch’s saltwater pool. The deck bears her childhood handprints. Their son Zach, a college junior, loves fishing Ranch Creek. He once hooked 22 trout in a single day. Over the past two decades, as the Fanches delicately pieced together the resort, they continued to piggyback on the traditions of the original guest ranch that operated there from 1946 to 1972. They sought to share their good thing with more people. In recent years, they acquired the nearby Ram’s Curl Ranch and Black Ranch to expand the property – and to offer a fresh way for people to absorb their unspoiled swath of Colorado. Atop a ridge and in a valley just west of the resort, Devil’s Thumb now is offering 24 homesites spread across 550 acres that they’ve dubbed “The Ranches.” The sites range from 11 to 35 acres. Those sizes are important. They allowed the Fanches to apply to their subdivision a rural exemption to Colorado law, giving each owner the right to drill a well so long as the land remains a low-density development. There will be no fences. The first custom houses are under construction, including a home owned by Brian Griese, a retired Denver Bronco quarterback who now offers color commentary on the sport’s biggest stage, ESPN’s Monday Night Football. [caption id="attachment_17362" align="aligncenter" width="588"] BEST IN THE WEST The 120 kilometers of Nordic trails have been routinely voted the best in North America. Then again, chilling on the patio has its merits, too.[/caption] For an annual membership fee, owners receive VIP access to the Devil’s Thumb amenities, including the restaurants, spa, private Nordic trails, fishing cabin, and a wine cellar bedecked in cherry wood harvested from a timber stand in Upstate New York that was owned by Bob’s father. On a recent Friday afternoon, Bob stepped onto the sun-splashed patio of Heck’s Tavern. As diners dug into Wagyu brisket sliders (from the ranch’s 150-head herd) and plates of veggies grown on-site, Bob gazed across the meadow and spoke quietly of the special spot he and Suzanne have built. “More than ever, people are looking for places like Devil’s Thumb. They love being outside. They love not being too crowded,” he said, echoing the sentiment that lured Bob up from Denver 40 years ago. Some of the diners set down their beer steins and looked up from their meals to watch him, not knowing his central role in their current mountain moment. As if he suddenly realized he was blocking the midday scenery, Bob casually turned and strolled off the patio and back toward the Main Lodge, surrendering his view so his guests could soak it all in. All images courtesy of Devil’s Thumb Ranch.]]> 17356 0 0 0 https://landreport.com/2020/11/land-report-november-2020-newsletter/ Sun, 15 Nov 2020 07:00:43 +0000 https://landreport.com/?p=17363 Two amazing properties — Home Track Farm and Devil's Thumb Ranch — headline our November newsletter, which features our fall issue. Other timely reads include:

• The Collins Family to plant 2 million acres of trees.
• Peoples Company to auction 1,141 acres in Southern Illinois
• Conservation Reserve Program (CRP) enrollment falls to lowest level since 1988.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17363 0 0 0 https://landreport.com/2020/11/partnerscapes-new-name/ Thu, 19 Nov 2020 07:00:06 +0000 https://landreport.com/?p=17368 A grassroots movement of private landowners working with agencies, non-profit organizations, and policymakers to collaborate on conservation projects to sustain working landscapes, Partnerscapes was founded in 2010 as Partners for Conservation. Along with its new branding campaign, Partnerscapes has launched a new website which features in-depth information on conservation efforts from coast to coast. The case studies are meant to provide other landowners with examples of how conversation and collaboration can lead to positive outcomes for the community and wildlife. Partnerscapes is a national organization operating with a small core staff and an active group of directors, partner organizations, and agencies with a growing presence nationwide. An example of the organization’s focus is a survey of 260 collaborative conservation efforts currently underway in eight Western states. Partnerscapes strongly believes that diverse perspectives working collaboratively has huge potential to solve landscape-level challenges all across our nation. Read more HERE.]]> 17368 0 0 0 https://landreport.com/2020/12/mexico-fulfills-water-treaty-obligations/ Thu, 03 Dec 2020 07:00:04 +0000 https://landreport.com/?p=17389 Many doubted that Mexico would succeed in delivering enough water to the U.S. after the long-running dispute came to a boil in September. Farmers, ranchers, and other Mexicans seized the La Boquilla Dam in the northern state of Chihuahua, sparking deadly clashes with the Mexican National Guard. Mexico owed the water to the US by the October 24th deadline under the terms of a 76-year-old treaty but had fallen behind after last year’s installments. The 1944 treaty stipulates that Mexico must deliver 350,000 acre-feet of water annually in five-year cycles. President Andrés Manuel López Obrador vowed to catch up, despite a decade-long drought in Chihuahua that made the situation dire for many Mexican farmers. Growers in the Rio Grande Valley of Texas, meanwhile, depend on the water for crops. The recent tensions underscore problems with water overuse and depletion throughout the region. Read more HERE.]]> 17389 0 0 0 https://landreport.com/2020/12/san-jose-to-preserve-coyote-valley/ Mon, 07 Dec 2020 20:55:05 +0000 https://landreport.com/?p=17393 The city’s General Plan Task Force voted to set aside portions of Coyote Valley for agricultural use, something the City Council first did back in 1976. More recently, concerned citizens urged task force members to preserve the valley, which runs between San Jose and Morgan Hill. These lands are also sacred to the Muwekma Ohlone Tribe of Native Americans, a representative from which lobbied for safeguarding the area. Conserving the open space supports the city’s goal of reducing greenhouse gas emissions. Moreover, in 2018, voters approved the allocation of $50 million in bonds to improve flood protection areas that include Coyote Valley. One year ago – in November 2019 – the San Jose City Council unanimously approved the $93 million purchase of 937 acres in Coyote Valley with the goal of safeguarding the land from all manner of development. Click here to read more. ]]> 17393 0 0 0 https://landreport.com/2020/12/walton-family-foundation-grant/ Thu, 10 Dec 2020 00:00:01 +0000 https://landreport.com/?p=17405 HERE. ]]> 17405 0 0 0 https://landreport.com/2020/12/collins-modoc-reforestation/ Mon, 14 Dec 2020 07:00:32 +0000 https://landreport.com/?p=17436 In partnership with RenewWest, Collins will plant two million trees on 10,000 acres of the Modoc Plateau in Northern California, becoming the largest single-site carbon-focused reforestation project in US history. The goal is to improve land that hasn’t yet recovered from the Barry Point Fire, which burned nearly 93,000 acres of federal, state, and private lands in 2012. The project should re-create a working, sustainable forest and carbon sink, capturing and sequestering several hundred thousand metric tons of carbon dioxide. At the same time, it paves the way for sustainable timber harvests, bolstering the local economy and recreational opportunities. The plan represents another example of the Collins family’s commitment to sustainable forestry. Based in Oregon and now the largest landowners in Pennsylvania, the Collinses ranked No. 33 on the 2019 Land Report 100. Stay tuned for this year’s list coming up in our winter issue! Click here to read more.]]> 17436 0 0 0 https://landreport.com/2020/12/sweetwater-lake/ Wed, 16 Dec 2020 07:00:14 +0000 https://landreport.com/?p=17439 HIGH COUNTRY TREASURE | Sweetwater Lake ranks as one of the largest natural lakes in the Centennial State.[/caption]

SOLD! A broad coalition rallies to preserve a beloved COLORADO landmark.

| Photography by Todd Winslow Pierce The path to commercial development of Colorado’s Sweetwater Lake took a detour down Memory Lane as a nostalgia-fueled community fundraising effort enabled The Conservation Fund to acquire the 488-acre landmark in late June. The Conservation Fund paid Coulton Creek Capital $7.1 million to purchase the alpine lake, which is located approximately 150 miles west of Denver. The stunning tract has long been eyed by developers, including recent efforts to establish a spring-fed water-bottling plant on the site as well as a proposal for a luxury lake club. Instead, The Conservation Fund plans to eventually transfer its recent acquisition to the United States Forest Service (USFS) through the Land and Water Conservation Fund, ensuring permanent protection of the 77-acre lake and surrounding property. “We view ourselves as the interim owner,” says Justin Spring, Senior Project Manager for The Conservation Fund. “We’re acquiring the property on behalf of the American public. It’s short-term ownership where we hope to eventually get this to the Forest Service.” The purchase was made possible in part because of robust local fundraising support, including approximately $350,000 in private donations raised by the Eagle Valley Land Trust’s “Save the Lake” campaign. “What really surprised us was the level of value that the local community attaches to Sweetwater Lake,” Spring says. “It’s been actively used by the community for more than 100 years. It’s part of who they are. “So you had sixth-graders doing bake sales and donating $200 to the campaign, and then you had folks writing six-figure checks. You had the full breadth of support from the community, and that played a huge role in getting interest from the Forest Service.” The fundraising effort by EVLT included eliciting letters of support from local residents as well as out-of-state vacationers who have made regular trips to Sweetwater Lake for generations to enjoy the scenic beauty and a wide variety of outdoor recreation opportunities. “The letters had a lot of comments about community and nostalgia and family,” EVLT Executive Director Jessica Foulis says. “There were all these stories about how much people love this special place, and that helped motivate others to donate to the cause. “The heartwarming thing about this project is it really was community-based. Seeing how much people love Sweetwater Lake made it very rewarding to be part of this project. It speaks to how important this place is to the community.” While most of Sweetwater Lake has been under private ownership for decades, the public still had access to it because the proposed development projects never materialized. As a result, it became a popular location for camping, horseback riding, fishing, hiking, swimming, and kayaking, as well as an entry point into the adjacent White River National Forest and nearby Flat Tops Wilderness. [caption id="attachment_17442" align="aligncenter" width="588"] WILDLIFE CORRIDOR | The water and wetlands at the lake entice countless species to its
shores.[/caption] Spring says plans are now underway to invest in new docks and boat ramps, refurbish cabins, and provide boat rentals through A.J. Brink Outfitters, a company with decades of experience in the high country in general and at Sweetwater Lake in particular. “Outdoor recreation is a major economic driver for the community and the state,” Spring says. “This is a great chance to enhance and expand the access that the public will have to the lake and the surrounding property.” Sweetwater Lake sits north of Interstate 70, approximately 30 miles from Glenwood Springs. Other than some picturesque ranches along Sweetwater Creek Canyon, there is hardly any development in the immediate area. The entrance to the property passes a pair of towering limestone cliffs that create a small slot through the canyon. In the late 1920s, Chicago hitman Louis “Diamond Jack” Alterie moved onto a 4,000-acre ranch at Sweetwater Lake and placed lookout guards atop those entry cliffs. The property is surrounded almost entirely by national forest. A small section is under the purview of the Bureau of Land Management. The lake itself is one of the largest natural lakes in Colorado. There are 30 acres of wetlands along the western edge of the property at the inlet where Sweetwater Creek enters the lake, and the Forest Service maintains a small campground on the eastern side. Colorado Parks and Wildlife keeps the lake stocked with trout, which are joined each year by migrating kokanee salmon. Bald eagles and osprey are common sights nesting in the pine trees at the water’s edge. “It’s just a beautiful property that’s part of an amazing wildlife corridor,” says Jessica Foulis of the Eagle Valley Land Trust. “It’s a place that is really beloved by the local community.” That is evident by the amount of support there was for the purchase. In addition to the “Save the Lake” campaign, Eagle County donated $500,000 to the cause, Great Outdoors Colorado provided funds, and political support came from Senators Michael Bennet and Cory Gardner as well as Representative Scott Tipton. “This is one of the few times I’ve had government officials calling me asking how they can be invited to the meetings,” Foulis says. “It was a combination of government and community-based support. It shows how everyone can work together on so many different levels to get something important done.”]]> 17439 0 0 0 https://landreport.com/2020/12/land-report-december-2020-newsletter/ Tue, 15 Dec 2020 07:00:03 +0000 https://landreport.com/?p=17443 PotlatchDeltic and The Conservation Fund have collaborated to maximize shareholder value and preserve more than 200,000 acres of Minnesota timberland. Our December newsletter features their latest transaction, a 72,000-acre sale valued at $48 million ($666 per acre). Other reads include:

• Midwest farmland values rise 2 percent in Q3.
• South Florida equestrian property market softens.
• Water futures begin trading on the Chicago Mercantile Exchange.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17443 0 0 0 https://landreport.com/2020/12/crp-at-lowest-level/ Mon, 21 Dec 2020 07:00:47 +0000 https://landreport.com/?p=17450 The program includes the voluntary Conservation Reserve Program, which gives landowners annual rent payments for fragile farmland that has idled for a decade or more. A 2018 expansion hasn’t caught on with landowners according to Successful Farming, which estimates a net decline of nearly 2 million acres. Enrollment for the October 1 start of fiscal 2021 dipped to about 20 million acres. Lawmakers, who blame the fact that USDA’s payments are set at 85% of the local average for area land, are seeking incentives as a way to spur interest. As the largest land idling program in the US, the Conservation Reserve seeks to reduce soil erosion, protect water quality, and improve wildlife habitats. Click here to read more.]]> 17450 0 0 0 https://landreport.com/2021/01/money-for-water/ Mon, 04 Jan 2021 16:43:18 +0000 https://landreport.com/?p=17460 1,450 Miles The Colorado River may not be the largest river in the US, but its importance cannot be underestimated. From its headwaters in Colorado’s Rocky Mountain National Park, the 1,450-mile-long river winds its way through seven states and 11 national parks as it flows toward the Pacific Ocean. One out of eight Americans — some 40 million — depend on the Colorado to water their lives. It’s best known for the deep gorges it has carved through layers of rock and sediment as it flows through the Grand Canyon. [caption id="attachment_17463" align="aligncenter" width="588"] THE GRAND RIVER | The headwaters of the Colorado are located west of Rocky Mountain National Park in Grand County, home of the Ranches at Devil’s Thumb.[/caption]

40 Million People

The Colorado River is a critical source of water for cities and towns that include one in seven Americans. In addition, it waters approximately 4 million acres of farmland and ranchland each year. Due to this intense usage, the river rarely reaches the Pacific Ocean. In fact, the water levels in Lake Powell and Lake Mead, the river’s two largest reservoirs, have dropped to their lowest levels since 1937. [caption id="attachment_17464" align="aligncenter" width="588"] LOWER RANCH AT CROSS MOUNTAIN | The significant water resources out of the Yampa and the Little Snake rivers irrigate 1,427 acres of meadows and pastures at this $21 million Mirr Ranch Group listing.[/caption]

1922

The year was 1922. Warren Harding was president, and the seven states within the Colorado River Basin reached an agreement with the federal government that governs, to this day, the allocation of the water rights to the states along the Colorado River. Dubbed the Colorado River Compact, the agreement divides the river basin into two areas: the Upper Basin where the water originates (Colorado, New Mexico, Utah, and Wyoming), and the Lower Basin whose states rely on the river’s flow (Arizona, California, and Nevada). Unfortunately, the legal right to use every drop that is owned or claimed vastly exceeds the river’s actual flow. This makes the Colorado dangerously over-appropriated and the most heavily litigated river in the country. [caption id="attachment_17465" align="aligncenter" width="588"] STRUCTURAL FLAWS | An unprecedented number of lawsuits plague Colorado River water rightsholders. One of the principal reasons is that the 1922 usage agreement was inked after a series of wet years.[/caption]

7.5 Million

Under the Compact, the Upper Basin States are obligated to deliver 7.5 million acre-feet of water downstream to the thirsty Lower Basin states. Unfortunately, this requirement was derived from faulty baseline data. The rainfall patterns that occurred in the years prior to the signing were abnormally high; flows were vastly overestimated. Delivery of these 7.5 million acre-feet will be further impacted by warming climate. We may well be in an era of steadily declining river flows along the Colorado. To make matters worse, demand in all of the basin states is increasing as populations in the West continue to grow. This will only further stress the already over-allocated Colorado River. [caption id="attachment_17466" align="aligncenter" width="588"] SUCKED DRY | Below the Hoover Dam, the mighty river becomes a trickle. More often than not, no water reaches Mexico’s Colorado River Delta or the Gulf of California.[/caption]

$421,650

Faced with declining levels in Lake Mead and Lake Powell, the Upper Colorado River Commission, the Bureau of Reclamation, and four water providers developed a pilot program to test water conservation strategies that might be part of a drought contingency plan. The goal of the Colorado River System Conservation Program was to demonstrate the viability of proactive, cooperative, and voluntary compensated means to reduce the risk of reaching critical reservoir levels. The program, which launched in 2015 and ran for four years, compensated farmers and ranchers to temporarily forego the use of their water rights. The program also reduced “buy and dry” scenarios in which struggling farmers and ranchers were bought out by developers or transferred their water to municipalities. A shining example was 9,177-acre Porcupine Ridge Ranch in Routt County, Colorado. Blessed with senior water rights in the Colorado River and Yampa River basins, the ranch elected to reduce use of its water rights by fallowing 1,941 acres of irrigated hay fields. In exchange, it received $421,650 from the pilot program. [caption id="attachment_17467" align="aligncenter" width="588"] PORCUPINE RIDGE RANCH | In 2018, the $16.7 million Mirr Ranch Group listing earned $421,650 by fallowing its fields.[/caption]  ]]> 17460 0 0 0 175 CUBIC FEET PER SECOND In addition to its superb Colorado River setting, the Nottingham Ranch enjoys senior water rights of 175 cubic feet per second.]]> As the Colorado River Compact nears the century mark, an increasing number of conservation efforts seek to incentivize landowners’ valuable water rights.]]> https://landreport.com/2021/01/new-zealand-couple-shuns-developers/ Tue, 05 Jan 2021 07:00:29 +0000 https://landreport.com/?p=17468 Despite lucrative offers for their 2,200-acre heritage farming property, Dick and Jillian Jardine donated the land in November to the Queen Elizabeth II National Trust. Situated on New Zealand’s South Island in the Central Lakes Region, the scenic land had been in Dick Jardine’s family for 98 years. “We thought about this idea, and it just stuck so it feels like the right thing to do,” Jillian Jardine told The Guardian. “We want to keep it as it is forever, we don’t want buildings all over it or housing ... we want to be part of saving something.” The coveted area boasts homes built by PayPal co-founder Peter Thiel and jewelry magnate Michael Hill. But thanks to the Jardines, the parcel of pristine pastureland will open to visitors in 2022 on what will mark the 100th anniversary of their family’s acquisition of the acreage. Click here to read more. ]]> 17468 0 0 0 https://landreport.com/2021/01/voices-mike-duffy-united-country-real-estate/ Wed, 06 Jan 2021 07:00:01 +0000 https://landreport.com/?p=17471

Mike Duffy United Country Real Estate

Mike Duffy, president of United Country Real Estate, is focused on bringing new, added-value services, sales, and marketing programs to the company. With a 20-year background helping build national brands like Coca-Cola, NASCAR Winston Cup, Community Coffee, and numerous other well-known brands, Duffy’s experience is creating recognition and a better understanding of United Country. ELR: Mike, how has the pandemic affected United Country's business? MD: The demand for lifestyle and rural properties has never been higher. Our business is up nearly 20 percent from a year ago after a record 2019. People wanting to escape crowded cities as well as those who can work remotely are looking for open spaces. Our challenge is keeping enough listings, as properties are selling fast. ELR: I understand your recreational land sales have been the real rock star in the current portfolio. I am sure the Realtree partnership has accelerated that. Tell us more about that. MD: The Realtree United Country Hunting Properties team has been successful in building the most powerful marketing program for hunting properties in the country. Realtree Land Pro sales have grown over 54 percent this year. In addition, we have doubled website traffic, expanded social media, successfully launched two TV digital shows and now represent the largest hunting team in the country. ELR: You also maintain a sub-brand in United Country Ranch Properties. Explain that platform. MD: UC Ranch Properties is a brand and comprehensive marketing program dedicated to ranches over $1 million in value and up. The UC Ranch Properties team, made up of ranch specialists, represents the largest private inventory of premier ranches for sale nationwide. ELR: Tell our readers about a couple of choice listings they should check out at www.unitedcountry.com. MD: The first is a 4,030-acre Texas ranch being utilized for a commercial Charolais operation. This property offers productive grassland and hardwood bottomland for premier hunting. Historically utilized for cattle, the land lends itself to a wide variety of native grasses. Fenced and cross-fenced, the pastures are set up for multiple rotation, with good interior fencing and gates. Hunting and recreational opportunities are abundant where white-tailed deer, ducks, hogs, and turkeys roam freely. Dozens of lakes and stock tanks throughout the property allow for strategic rotation and plenty of water availability for a commercial management plan. This operation offers a large shop, five grain bins, a small manager’s quarters, a secondary shop, additional dry storage, and multiple working pens strategically set up throughout the ranch. Two main homes located on some of the highest points of the property allow for views overlooking the main portion of the ranch. Both homes have 3 bedrooms, 2+ baths and custom amenities throughout. All minerals are owned to be conveyed. The second is a world-class hunting property covering 1,278 acres in Mississippi. The crown on this once-in-a-lifetime property is an 8,500-square-foot lodge that rivals anything ever featured on HGTV. Stands of mature pine timber cover the gentle rolling hills, and old growth hardwood forests span along the clear creeks. The lodge features 12,000 square feet and was built in 2013 for $4.29 million. Reclaimed heart pine was used on the floors, as structural beams, and for the ceilings. Equally impressive is the entertainment area outside. This entertainment area has a massive stone wood-burning fireplace, gas fire pit next to a stone hot tub overflowing into the pool, outdoor kitchen, bar, and enough room to entertain large groups – all located on a hill with a commanding view of the property. The manager’s house is almost 3,000 square feet with a pool, outdoor fireplace, covered entertainment areas, and is located away from the lodge, outside the high fence on the front of the property. The high fence holds Mississippi genetics only, and food plots are planted year-round with box and bow stands on each. It is typical to see 30 deer in a plot at one time and half of them being racked bucks. Thirteen ponds, most of which are at least 3 acres, offer bass fishing. The land has both pine and hardwood timber, and a recent timber cruise shows $1.4 million. An incredible amount of planning, time, and money have been spent on developing this property.]]> 17471 0 0 0 https://landreport.com/2021/01/water-futures/ Fri, 08 Jan 2021 18:00:44 +0000 https://landreport.com/?p=17473 Futures linked to the Nasdaq Veles California Water Index began trading on the Chicago Mercantile Exchange in early December, representing a whole new way to buy water. Amid concerns about climate change and resource scarcity in a state that uses four times more water than any other, turning H2O into a commodity akin to oil or cattle enables farmers, municipalities, and funds to wager on future pricing. According to Bloomberg, CME Group Inc.’s January 2021 contract finished on December 7 at $496 per acre-foot with two trades. The announcement of the first-of-their-kind contracts came back in September as relentless wildfires and scorching heat sizzled much of the state. California was in a drought from December 2011 to March 2019, during which time water transactions totaled some $2.6 billion. Each contract represents 10 acre-feet of water or roughly 3.26 million gallons. Click here to read more.]]> 17473 0 0 0 https://landreport.com/2021/01/farmer-bill/ Mon, 11 Jan 2021 00:00:32 +0000 https://landreport.com/?p=17477 Call it a hunch, but the story did not jibe. I scanned the headline for the umpteenth time and then read and reread the pertinent details. Something was missing. Either that or I had a screw loose. According to reporting by Wendy Culverwell in the Tri-City Herald, a 14,500-acre swath of choice Eastern Washington farmland in the Horse Heaven Hills of Benton County had just traded hands for almost $171 million. That’s a ginormous deal, one that pencils out to almost $12,000 per acre for a whole lot of acres. Pretty pricey dirt, right? That’s exactly what I thought. Especially when it comes to row crops like sweet corn and wheat, which are grown in rotation with potatoes on 100 Circles, which is the name of the property that changed hands. Then again, farmers and investors in the Mid-Columbia River market expect to pay $10,000 to $15,000 for good ground. Anyone who has ever studied the Columbia River Basin knows that the tillable acreage there is coveted ground, a geologic wonder. The soil profile and underlying silty loess are in a league of their own.

I had gained this smidgen of geologic proficiency while researching our 2018 Farmland Deal of the Year, Weidert Farm, in neighboring Walla Walla County. One of the most telling moments in the field that summer came when a soil scientist by the name of Alan Busacca grabbed a shovel and stepped into a 10-foot trench that had been ripped open on the farm by a Caterpillar 336. Dusky layers of silt and sand towered over the 6-foot-tall retired Washington State professor. There wasn’t a rock, let alone a pebble, or even a root to be seen in the soil. Busacca was in his element: It was some of the richest farmland in the Lower 48. And from an agricultural perspective, the region surrounding Walla Walla and the Horse Heaven Hills has evolved into a commercial hub, complete with controlled atmosphere (CA) storage, state-of-the-art transportation infrastructure, and ready access to low-cost hydropower.

These are a few of the reasons why savvy investors have been plowing millions of dollars into farmland on both the Oregon and the Washington sides of the Columbia River Gorge. At current valuations, it’s one of the nation’s best farmland opportunities. In 2018, when 100 Circles sold, it was even better.

More often than not, farmland sales involve hundreds of acres. Thousand-acre transactions — such as the sale of 6,000- acre Weidert Farm to Farmland L.P. two years ago and the 6,175-acre Broetje Orchards acquisition by the Ontario Teachers’ Pension Plan last year — are blue-moon events.

Tens of thousands of acres? Only sovereign wealth funds and institutional investors can stroke a check for tracts in that league, which is exactly what occurred on the sell side of the 100 Circles transaction: The seller was John Hancock Life Insurance, a multibillion-dollar asset manager with key holdings in all the major US markets as well as Canada and Australia.

The story went dark on the buy side, however. The Tri-City Herald reported that the purchaser was a “Louisiana investor,” a limited liability company associated with Angelina Agriculture of Monterey, Louisiana. Sorry, but that didn’t pass the sniff test.

The Land Report tracks numerous Louisiana landowners; Angelina Agriculture is not one of them. Let’s call that strike one. The burgeoning metropolis of Monterey, population 462, rang a bell, but despite my best efforts, I couldn’t connect the dots to anyone whom we had profiled in The Land Report or, for that matter, anyone who was on our watch list. So I took a look at Dun & Bradstreet. At its listed headquarters — 8318 Highway 565 — Angelina Agriculture boasted two employees and reported annual revenues just north of $300,000. Given the size and cost of 100 Circles, both of those figures made no sense at all. Strike two. How about Google Maps? An aerial image of the Highway 565 address revealed a small metal-sided building off by itself in the woods. Strike three, right?

One of my favorite Clint Eastwood movies is the 1999 mystery/thriller True Crime. In it, the four-time Academy Award winner plays an over-the-hill journalist who has “a nose” for a story. I am quite confident that Eastwood’s character, Steve Everett, would have picked up the stench from this setup a mile off: a $171 million acquisition by an LLC with two employees in a metal-sided building down a dirt road off the Bayou Cocodrie? I forwarded the lead to our Land Report 100 Research Team. Minutes later, a terse response arrived:

“Ever hear of Bill Gates?”

[caption id="attachment_17480" align="aligncenter" width="588"] Farmland in Eastern Washington and neighboring Oregon is blessed with abundant moisture, cheap electricity, and unrivaled soils.[/caption]

The Paper Trail

Actually, when it comes to the extensive farmland portfolio of Bill and Melinda Gates, the question should be, “Ever hear of Michael Larson?” For the last 25 years, the Claremont McKenna College alum has managed the Gateses’ personal portfolio as well as the considerable holdings of the Bill & Melinda Gates Foundation. (Although our researchers identified dozens of different entities that own the Gateses’ assets, Larson himself operates primarily through an entity called Cascade Investment LLC.)

In 1994, the Gateses hired the former Putnam Investments bond-fund manager to diversify the couple’s portfolio away from the Microsoft cofounder’s 45 percent stake in the technology giant while maintaining comparable or better returns. According to a 2014 profile of Larson in the Wall Street Journal, these investments include a substantial stake in AutoNation, hospitality interests such as the Charles Hotel in Cambridge and the Four Seasons in San Francisco, and “at least 100,000 acres of farmland in California, Illinois, Iowa, Louisiana, and other states … .”

According to the Land Report 100 Research Team, that figure is currently more than twice that amount, which means Bill Gates, cofounder of Microsoft, has an alter ego: Farmer Bill, the guy who owns more farmland than anyone else in America.

The Gateses’ largest single block of dirt was acquired in 2017: a group of farmland assets owned by the Canada Pension Plan Investment Board. Based in Toronto, the Canada Pension Plan Investment Board began assembling an agricultural portfolio in 2013, when it acquired AgCoA, aka, Agricultural Company of America. This private US farmland REIT was a joint venture between Duquesne Capital Management and Goldman Sachs that launched in 2007. Over the next five years, AgCoA acquired more than 100,000 acres in nine states. By the time it was sold to the Canada Pension Plan Investment Board in 2013, AgCoA ranked as one of the leading institutional owners of row crop farmland in the US.

After AgCoA, the Canada Pension Plan Investment Board acquired a second tranche of farmland assets when it paid $2.5 billion for a 40 percent stake in Glencore Agricultural Products in 2016. The very next year, however, the Canada Pension Plan Investment Board began shedding these very same farmland assets as quickly as it had acquired them. And it did this so quietly one might even say it was done in secret.

There was no public announcement, and no notice in the business press. Instead, the Canada Pension Plan Investment Board revealed in the fine print of a quarterly statement that it had sold $520 million in US farmland assets held by Agriculture Company of America. Credit Chris Janiec at Agri Investor for this eagle-eyed investigating. The Americas Editor at Agri Investor, Janiec reported that the assets had been offered as a single block and “that Microsoft founder Bill Gates is thought to be the buyer of CPPIB’s farmland.”

Janiec stayed on the story, and the following year, he confirmed the parameters of sale when he reported the addition of 61 properties valued at approximately $500 million to the National Council of Real Estate Investment Fiduciaries’ (NCREIF) US Farmland Index. This half-billion-dollar figure corroborated the AgCoA acquisition, and the paper trail led directly to Cascade Investment LLC.

All told, the 2017 acquisition of AgCoA and the 2018 acquisition of the 100 Circles tract in the Horse Heaven Hills of Eastern Washington total an investment in farmland assets of more than $690 million. Janiec’s sources said some of the AgCoA assets were quickly sold off, but according to the Land Report 100 Research Team, an estimated 242,000 acres of farmland remained.

Yet farmland assets aren’t the sole component of the Gateses’ landholdings. In 2017, Cascade Investment bought a “significant stake” in 24,800 acres of transitional land on the western edge of Phoenix, the most populous city in Arizona and the 10th largest metropolitan area in the country. The acreage sits off Interstate 10, and it is poised to be accessible by Interstate 11, a proposed highway that would traverse 5 miles of the 40-square-mile holding. At buildout, the Belmont development will create a brand-new metropolis, one similar in size to the Phoenix suburb of Tempe, home to Arizona State University and almost 200,000 residents. According to The Arizona Republic, Belmont is projected to include up to 80,000 homes; 3,800 acres of industrial, office, and retail space; 3,400 acres of open space; and 470 acres for public schools.

Cascade Investment doubled down on Phoenix transitional land two years later when it made a second major investment by acquiring more than 2,800 acres known as Spurlock Ranch in Buckeye for $25 million.

 

Sustainable Investing

A spokesman for Cascade Investment declined to comment on any of the details associated with these transactions or the Gateses’ holdings, other than to say that Cascade is very supportive of sustainable farming.

Much like the Bill & Melinda Gates Foundation uses science and technology to achieve a number of worthy goals — including transitioning millions of people out of poverty, improving people’s health and well-being, and ensuring that all people have access to opportunities necessary to succeed in school and in life — Cascade's farmland holdings also aim to further laudable objectives.

In January 2020, The Land Report announced the launch of a sustainability standard that was developed by US farmland owners and operators. Called Leading Harvest, the organization’s goal is to create a sustainability standard that can be implemented across the greatest swath of agricultural acreage. Currently, more than 2 million acres in 22 states and an additional 2 million acres in seven countries are represented. Among the participants in the 13-member Sustainable Agriculture Working Group are Ceres Partners, Hancock Natural Resources Group, The Rohaytn Group, and UBS Farmland Investors.

Not surprisingly, one of Leading Harvest’s other inaugural members is a Cascade entity called Cottonwood Ag Management. Committing the resources to launch this all-important standard validates the assertion that Cascade supports sustainable strategies that advance resiliency and efficiency, retain talent, and reduce regulatory burdens.

Although the Bill & Melinda Gates Foundation has no ties whatsoever to Cascade or its investments, it also has a farmland initiative: Gates Ag One, which has established its headquarters in the Greater St. Louis area. According to the St. Louis Business Journal, Gates Ag One will focus on research that helps “smallholder farmers adapt to climate change and make food production in low- and middle-income countries more productive, resilient, and sustainable.”

A Closing Note

Remember that metal-sided building down near the Bayou Cocodrie? Turns out that very same property had caught my eye way back when The Land Report was preparing to launch in 2006. Does the name Bernie Ebbers ring a bell? Once upon a time, the business press dubbed the colorful entrepreneur “the telecom cowboy.” That was before the Edmonton native was put on trial for his role in what was, at the time, the largest corporate bankruptcy filing in US history.

In 2005, the former WorldCom CEO was convicted of securities fraud, conspiracy, and filing false reports that were instrumental in WorldCom’s $11 billion dollar accounting fraud. After losing his appeal in 2006, Ebbers spent most of the rest of his life in a federal prison before being granted compassionate release by a federal judge in 2020. He died at home surrounded by his family.

Ebbers was many things — a dreamer, a liar, a swindler — and he loved land. In 1998 when he was the toast of Wall Street, the telecom cowboy paid British Columbia’s Woodward family the astronomical sum of $73 million for Canada’s largest ranch: 500,000-acre Douglas Lake, a 22,000-head cattle operation. Ebbers subsequently pledged Douglas Lake as collateral for $400 million he ended up borrowing from WorldCom, and in 2003, WorldCom sold Douglas Lake to Kroenke Ranches. The $68.5 million that Kroenke Ranches paid was applied to Ebbers’s IOU. He also owned a 26,236-acre Louisiana farm. It, too, was sold, on September 25, 2006, the day before Ebbers began serving his sentence at the Oakdale Federal Correctional Institution. It was his last deal as a free man.

When Ebbers owned this Louisiana farm, it was known as Angelina Plantation. And its headquarters was in — you guessed it — Monterey, Louisiana. That was the missing piece of the puzzle I had been searching for as I read the Tri-City Herald story. In a former life, Angelina Agriculture, the purchaser that paid $171 million for 100 Circles in 2018, was, in fact, Bernie Ebbers’s Angelina Plantation. The day before he went to prison, Ebbers sold Angelina for $32 million. The farm was subsequently sold to AgCoA, which was acquired by the Canada Pension Plan Investment Board. In 2017, Angelina Plantation changed hands one more time and became one of the principal farmland assets in the Gateses’ Cascade Investment’s portfolio.

It took a dozen years, but the ownership of that Louisiana farmland went from Bernie Ebbers to Bill Gates with a couple of stops in between. I readily admit forgetting where and when I first caught wind of it, but the moment I read that Tri-City Herald story, I knew the ending definitely needed a rewrite.

Steve Everett would be proud.

This article was updated to credit Wendy Culverwell for breaking the story of the Horse Heaven Hills transaction in the Tri-City Herald.

]]> 17477 0 0 0 Call it a hunch, but the story did not jibe. I scanned the headline for the umpteenth time and then read and reread the pertinent details. Something was missing. Either that or I had a screw loose. According to reporting by Wendy Culverwell in the Tri-City<\/strong> Herald<\/strong><\/em><\/a>, a 14,500-acre swath of choice Eastern Washington farmland in the Horse Heaven Hills of Benton County had just traded hands for almost $171 million<\/strong><\/a>. That\u2019s a ginormous deal, one that pencils out to almost $12,000 per acre for a whole lot of acres. Pretty pricey dirt, right? That\u2019s exactly what I thought. Especially when it comes to row crops like sweet corn and wheat, which are grown in rotation with potatoes on 100 Circles, which is the name of the property that changed hands. Then again, farmers and investors in the Mid-Columbia River market expect to pay $10,000 to $15,000 for good ground. Anyone who has ever studied the Columbia River Basin knows that the tillable acreage there is coveted ground, a geologic wonder. The soil profile and underlying silty loess are in a league of their own.<\/p>

I had gained this smidgen of geologic proficiency while researching our 2018 Farmland Deal of the Year, Weidert Farm<\/strong><\/a>, in neighboring Walla Walla County. One of the most telling moments in the field that summer came when a soil scientist by the name of Alan Busacca grabbed a shovel and stepped into a 10-foot trench that had been ripped open on the farm by a Caterpillar 336. Dusky layers of silt and sand towered over the 6-foot-tall retired Washington State professor. There wasn\u2019t a rock, let alone a pebble, or even a root to be seen in the soil. Busacca was in his element: It was some of the richest farmland in the Lower 48. And from an agricultural perspective, the region surrounding Walla Walla and the Horse Heaven Hills has evolved into a commercial hub, complete with controlled atmosphere (CA) storage, state-of-the-art transportation infrastructure, and ready access to low-cost hydropower.<\/p>

These are a few of the reasons why savvy investors have been plowing millions of dollars into farmland on both the Oregon and the Washington sides of the Columbia River Gorge. At current valuations, it\u2019s one of the nation\u2019s best farmland opportunities. In 2018, when 100 Circles sold, it was even better.<\/p>

More often than not, farmland sales involve hundreds of acres. Thousand-acre transactions \u2014 such as the sale of 6,000- acre Weidert Farm to Farmland L.P. two years ago and the 6,175-acre Broetje Orchards<\/strong><\/a> acquisition by the Ontario Teachers\u2019 Pension Plan last year \u2014 are blue-moon events.<\/p>

Tens of thousands of acres? Only sovereign wealth funds and institutional investors can stroke a check for tracts in that league, which is exactly what occurred on the sell side of the 100 Circles transaction: The seller was John Hancock Life Insurance, a multibillion-dollar asset manager with key holdings in all the major US markets as well as Canada and Australia.<\/p>

The story went dark on the buy side, however. The Tri-City Herald<\/em> reported that the purchaser was a \u201cLouisiana investor,\u201d a limited liability company associated with Angelina Agriculture of Monterey, Louisiana. Sorry, but that didn\u2019t pass the sniff test.<\/p>

The Land Report<\/em> tracks numerous Louisiana landowners; Angelina Agriculture is not one of them. Let\u2019s call that strike one. The burgeoning metropolis of Monterey, population 462, rang a bell, but despite my best efforts, I couldn\u2019t connect the dots to anyone whom we had profiled in The Land Report<\/em> or, for that matter, anyone who was on our watch list. So I took a look at Dun & Bradstreet. At its listed headquarters \u2014 8318 Highway 565 \u2014 Angelina Agriculture boasted two employees and reported annual revenues just north of $300,000. Given the size and cost of 100 Circles, both of those figures made no sense at all. Strike two. How about Google Maps? An aerial image of the Highway 565 address revealed a small metal-sided building off by itself in the woods. Strike three, right?<\/p>

One of my favorite Clint Eastwood<\/strong><\/a> movies is the 1999 mystery\/thriller True Crime<\/em>. In it, the four-time Academy Award winner plays an over-the-hill journalist who has \u201ca nose\u201d for a story. I am quite confident that Eastwood\u2019s character, Steve Everett, would have picked up the stench from this setup a mile off: a $171 million acquisition by an LLC with two employees in a metal-sided building down a dirt road off the Bayou Cocodrie? I forwarded the lead to our Land Report 100 Research Team. Minutes later, a terse response arrived:<\/p>

\u201cEver hear of Bill Gates?\u201d<\/p>[caption id=\"attachment_17480\" align=\"aligncenter\" width=\"588\"]<\/a> Farmland in Eastern Washington and neighboring Oregon is blessed with abundant moisture, cheap electricity, and unrivaled soils.<\/em>[\/caption]

The Paper Trail<\/strong><\/h3>

Actually, when it comes to the extensive farmland portfolio of Bill and Melinda Gates, the question should be, \u201cEver hear of Michael Larson?\u201d For the last 25 years, the Claremont McKenna College alum has managed the Gateses\u2019 personal portfolio as well as the considerable holdings of the Bill & Melinda Gates Foundation. (Although our researchers identified dozens of different entities that own the Gateses\u2019 assets, Larson himself operates primarily through an entity called Cascade Investment LLC.)<\/p>

In 1994, the Gateses hired the former Putnam Investments bond-fund manager to diversify the couple\u2019s portfolio away from the Microsoft cofounder\u2019s 45 percent stake in the technology giant while maintaining comparable or better returns. According to a 2014 profile of Larson in the Wall Street Journal<\/em>, these investments include a substantial stake in AutoNation, hospitality interests such as the Charles Hotel in Cambridge and the Four Seasons in San Francisco, and \u201cat least 100,000 acres of farmland in California, Illinois, Iowa, Louisiana, and other states \u2026 .\u201d<\/p>

According to the Land Report 100 Research Team, that figure is currently more than twice that amount, which means Bill Gates, cofounder of Microsoft, has an alter ego: Farmer Bill, the guy who owns more farmland than anyone else in America.<\/p>

The Gateses\u2019 largest single block of dirt was acquired in 2017: a group of farmland assets owned by the Canada Pension Plan Investment Board. Based in Toronto, the Canada Pension Plan Investment Board began assembling an agricultural portfolio in 2013, when it acquired AgCoA, aka, Agricultural Company of America. This private US farmland REIT was a joint venture between Duquesne Capital Management and Goldman Sachs that launched in 2007. Over the next five years, AgCoA acquired more than 100,000 acres in nine states. By the time it was sold to the Canada Pension Plan Investment Board in 2013, AgCoA ranked as one of the leading institutional owners of row crop farmland in the US.<\/p>

After AgCoA, the Canada Pension Plan Investment Board acquired a second tranche of farmland assets when it paid $2.5 billion for a 40 percent stake in Glencore Agricultural Products in 2016. The very next year, however, the Canada Pension Plan Investment Board began shedding these very same farmland assets as quickly as it had acquired them. And it did this so quietly one might even say it was done in secret.<\/p>

There was no public announcement, and no notice in the business press. Instead, the Canada Pension Plan Investment Board revealed in the fine print of a quarterly statement that it had sold $520 million in US farmland assets held by Agriculture Company of America. Credit Chris Janiec at Agri Investor<\/em> for this eagle-eyed investigating. The Americas Editor at Agri Investor<\/em>, Janiec reported that the assets had been offered as a single block and \u201cthat Microsoft founder Bill Gates is thought to be the buyer of CPPIB\u2019s farmland.\u201d<\/p>

Janiec stayed on the story, and the following year, he confirmed the parameters of sale when he reported the addition of 61 properties valued at approximately $500 million to the National Council of Real Estate Investment Fiduciaries\u2019 (NCREIF) US Farmland Index. This half-billion-dollar figure corroborated the AgCoA acquisition, and the paper trail led directly to Cascade Investment LLC.<\/p>

All told, the 2017 acquisition of AgCoA and the 2018 acquisition of the 100 Circles tract in the Horse Heaven Hills<\/strong><\/a> of Eastern Washington total an investment in farmland assets of more than $690 million. Janiec\u2019s sources said some of the AgCoA assets were quickly sold off, but according to the Land Report 100 Research Team, an estimated 242,000 acres of farmland remained.<\/p>

Yet farmland assets aren\u2019t the sole component of the Gateses\u2019 landholdings. In 2017, Cascade Investment bought a \u201csignificant stake\u201d in 24,800 acres of transitional land on the western edge of Phoenix, the most populous city in Arizona and the 10th largest metropolitan area in the country. The acreage sits off Interstate 10, and it is poised to be accessible by Interstate 11, a proposed highway that would traverse 5 miles of the 40-square-mile holding. At buildout, the Belmont development will create a brand-new metropolis, one similar in size to the Phoenix suburb of Tempe, home to Arizona State University and almost 200,000 residents. According to The Arizona Republic<\/em>, Belmont is projected to include up to 80,000 homes; 3,800 acres of industrial, office, and retail space; 3,400 acres of open space; and 470 acres for public schools.<\/p>

Cascade Investment doubled down on Phoenix transitional land two years later when it made a second major investment by acquiring more than 2,800 acres known as Spurlock Ranch in Buckeye for $25 million.<\/p>

<\/a><\/h4>

\u00a0<\/h4>

Sustainable Investing<\/strong><\/h3>

A spokesman for Cascade Investment declined to comment on any of the details associated with these transactions or the Gateses\u2019 holdings, other than to say that Cascade is very supportive of sustainable farming.<\/p>

Much like the Bill & Melinda Gates Foundation uses science and technology to achieve a number of worthy goals \u2014 including transitioning millions of people out of poverty, improving people\u2019s health and well-being, and ensuring that all people have access to opportunities necessary to succeed in school and in life \u2014 Cascade's farmland holdings also aim to further laudable objectives.<\/p>

In January 2020, The Land Report<\/em> announced the launch of a sustainability standard that was developed by US farmland owners and operators. Called Leading Harvest, the organization\u2019s goal is to create a sustainability standard that can be implemented across the greatest swath of agricultural acreage. Currently, more than 2 million acres in 22 states and an additional 2 million acres in seven countries are represented. Among the participants in the 13-member Sustainable Agriculture Working Group are Ceres Partners, Hancock Natural Resources Group, The Rohaytn Group, and UBS Farmland Investors.<\/p>

Not surprisingly, one of Leading Harvest\u2019s other inaugural members is a Cascade entity called Cottonwood Ag Management. Committing the resources to launch this all-important standard validates the assertion that Cascade supports sustainable strategies that advance resiliency and efficiency, retain talent, and reduce regulatory burdens.<\/p>

Although the Bill & Melinda Gates Foundation has no ties whatsoever to Cascade or its investments, it also has a farmland initiative: Gates Ag One, which has established its headquarters in the Greater St. Louis area. According to the St. Louis Business Journal<\/em>, Gates Ag One will focus on research that helps \u201csmallholder farmers adapt to climate change and make food production in low- and middle-income countries more productive, resilient, and sustainable.\u201d<\/p>

A Closing Note<\/strong><\/h3>

Remember that metal-sided building down near the Bayou Cocodrie? Turns out that very same property had caught my eye way back when The Land Report<\/em> was preparing to launch in 2006. Does the name Bernie Ebbers ring a bell? Once upon a time, the business press dubbed the colorful entrepreneur \u201cthe telecom cowboy.\u201d That was before the Edmonton native was put on trial for his role in what was, at the time, the largest corporate bankruptcy filing in US history.<\/p>

In 2005, the former WorldCom CEO was convicted of securities fraud, conspiracy, and filing false reports that were instrumental in WorldCom\u2019s $11 billion dollar accounting fraud. After losing his appeal in 2006, Ebbers spent most of the rest of his life in a federal prison before being granted compassionate release by a federal judge in 2020. He died at home surrounded by his family.<\/p>

Ebbers was many things \u2014 a dreamer, a liar, a swindler \u2014 and he loved land. In 1998 when he was the toast of Wall Street, the telecom cowboy paid British Columbia\u2019s Woodward family the astronomical sum of $73 million for Canada\u2019s largest ranch: 500,000-acre Douglas Lake, a 22,000-head cattle operation. Ebbers subsequently pledged Douglas Lake as collateral for $400 million he ended up borrowing from WorldCom, and in 2003, WorldCom sold Douglas Lake to Kroenke Ranches. The $68.5 million that Kroenke Ranches paid was applied to Ebbers\u2019s IOU. He also owned a 26,236-acre Louisiana farm. It, too, was sold, on September 25, 2006, the day before Ebbers began serving his sentence at the Oakdale Federal Correctional Institution. It was his last deal as a free man.<\/p>

When Ebbers owned this Louisiana farm, it was known as Angelina Plantation. And its headquarters was in \u2014 you guessed it \u2014 Monterey, Louisiana. That was the missing piece of the puzzle I had been searching for as I read the Tri-City Herald<\/em> story. In a former life, Angelina Agriculture, the purchaser that paid $171 million for 100 Circles in 2018, was, in fact, Bernie Ebbers\u2019s Angelina Plantation. The day before he went to prison, Ebbers sold Angelina for $32 million. The farm was subsequently sold to AgCoA, which was acquired by the Canada Pension Plan Investment Board. In 2017, Angelina Plantation changed hands one more time and became one of the principal farmland assets in the Gateses\u2019 Cascade Investment\u2019s portfolio.<\/p>

It took a dozen years, but the ownership of that Louisiana farmland went from Bernie Ebbers to Bill Gates with a couple of stops in between. I readily admit forgetting where and when I first caught wind of it, but the moment I read that Tri-City Herald<\/em> story, I knew the ending definitely needed a rewrite.<\/p>

Steve Everett would be proud.<\/span><\/span><\/p>

This article was updated to credit Wendy Culverwell for breaking the story of the Horse Heaven Hills transaction in the <\/em>Tri-City Herald.<\/em><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d07d1d5"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> The co-founder of Microsoft ranks as America’s largest private farmland owner.

]]> https://landreport.com/2021/01/the-land-report-winter-2020/ Mon, 11 Jan 2021 15:40:21 +0000 https://landreport.com/?p=17482 The 2020 Land Report 100 sponsored by Hayden Outdoors Real Estate features the debut of Bill and Melinda Gates as America's leading farmland owners with 242,000 acres of productive farmland in more than a dozen states. All told, the Gateses own more than 268,000 acres of farmland, transitional land, and recreational properties and rank No. 49 on the Land Report 100. Other newcomers in the Class of 2020 include Los Angeles Dodgers owners, Bobby Patton and Mark Walter, who join the Land Report 100 at No. 75 with 208,350 acres of ranchland in West Texas and New Mexico. Our winter issue also features a hefty Agriculture Special Section.]]> 17482 0 0 0 https://landreport.com/2021/01/t-lazy-s-ranch/ Wed, 13 Jan 2021 00:00:59 +0000 https://landreport.com/?p=17493 And the ibex. And the oryx. And the addax. And the eland. And the mouflon. And the urial.[/caption] By KATY RICHARDSON | Photography by WYMAN MEINZER Kelsey’s version of home on the range takes place in the heart of the Big Empty. Texas’s King County has been home to many of the most storied ranches in the history of the Lone Star State, legends such as the Matador, the Pitchfork, and the Swenson Ranches. In fact, Kelsey’s 7,827-acre T Lazy S was once a part of the most famous of them all, the 6666 Ranch. But unlike those cattle kingdoms, the T Lazy S runs beef only when the grass grows tall. Instead, Kelsey stocks exotics. The renowned sculptor has imported them from far-flung locales to facilitate his craft. “The reason I got the wildlife was to watch them. I’m not good at sculpting or painting animals from photographs. I’ve got to see them and follow them and just watch them for a while. It’s necessary for me,” Kelsey says. Kelsey is an acclaimed Western sculptor, artist, horseman, and pilot. He is a member emeritus of the Cowboy Artists of America and a fellow of the National Sculpture Society. His works are on permanent display at the Pro Rodeo Hall of Fame Museum, National Museum of Wildlife Art, C.M. Russell Museum, and many others. Texas Gold, his monumental sculpture of a herd of longhorns, has become a Cowtown icon. The life-size work, cast in 900 sections, has welcomed millions of visitors to the Fort Worth Stockyards National Historic District. In the two decades Kelsey has owned the T Lazy S, he has watched not only the white-tailed deer, turkey, quail, dove, and wild boar native to the area, but also myriad animals native to other parts of the globe such as addax, eland, ibex, and oryx. Sheep species include aoudad, black Hawaiian, European mouflon, red sheep, and Transcaspian urial. And there are the bison, grazing just as Brewster Higley described in “Home on the Range.” [caption id="attachment_17498" align="aligncenter" width="588"] SABLE ANTELOPE | Exotic species of antelope and sheep thrive on the T Lazy S as do native game such as white-tailed deer and Rio Grande turkey.[/caption] Set on the Rolling Plains, the T Lazy S has been nurtured into a paradise for everyone from artists and writers to hikers, hunters, and four-wheelers. And it was recently brought to market with an asking price of $8.993 million by Charlie Middleton of Chas. S. Middleton & Son. “Although at times cattle have been utilized for grazing, the focus on this property has been wildlife enrichment,” says Middleton. “This ranch was once a portion of the historic 6666. As T.D. has so often done masterfully with clay, he has sculpted thousands of acres of the T Lazy S, enhancing the ranch for wildlife habitat and productivity.” In addition to extraordinary wildlife, the ranch is home to an astonishing variety of topography. “Right here by headquarters, it’s pretty flat, and you wouldn’t know there are big, deep canyons and mesas and bluffs and ridges and cliffs on three-quarters of the ranch. Once you get past headquarters, you’re hitting the rough country, and that’s where you find the water. I love to be by the water, and I’m lucky that the ranch has quite a bit of water on it,” Kelsey says. Indeed, the ranch has an abundance of live water, generally all fed by springs. “Big Buffalo Creek is a live creek that flows through the western portion of the ranch for over 3.5 miles. This creek has proven to be reliable and provides water to livestock and wildlife in three pastures. It carved a path through the rugged breaks of the ranch for hundreds of thousands of years and has a unique wetlands habitat,” says Middleton. “Water runs in Buffalo Creek all the time, and you can watch fish in it,” Kelsey says. “There is another canyon with a big reservoir that used to be part of the Four Sixes; they put bass in it. My mold makers are big fishermen, and whenever they come here, they run to the reservoir,” he adds with a laugh. [caption id="attachment_17499" align="alignright" width="325"] FROM BRONCS TO BLACKBUCKS | The award-winning artist studies his subjects, then sculpts.[/caption] “The T Lazy S Ranch is a four-season recreation ranch offering hunting of native and exotic wild game and wing shooting, as well as excellent opportunities such as long-range shooting, horseback riding, hiking, and camping,” Middleton explains. There are also abundant areas suitable for four-wheeling and plenty of practical applications for it. “Four-wheelers are handy for checking fence and things like that, but if I have the time, I’d rather ride a horse,” Kelsey says. “Driving a four-wheeler, you somehow lose your connection to the land, but on a horse, you don’t.” The mode of transportation he favors most: his helicopter. “It’s like being on a magic carpet. You glide and slide through canyons or hover if you want to look at a flower,” Kelsey says. He especially enjoys piloting his helicopter in the spring. “I have never been in any place on Earth that has more wildflowers than this ranch right here. This place has so many wildflowers,” Kelsey says. He adds that from his bird’s-eye view upstairs, “There was a multicolored carpet on the ground and then, all of a sudden, there would be all yellow, then all purple, then all blue, then all pink, then back to maroon. It was just back and forth—it was just amazing. Just absolutely amazing.” It was springtime, in fact, when Kelsey first laid eyes on the ranch. Kelsey and his high school sweetheart, Sidni, registered their T Lazy S brand before graduating and then married after receiving their diplomas from Bozeman Senior High in Montana. The pair settled on a ranch in Montana and spent many happy years there. In 2000, Sidni lost her battle with cancer. Life in Montana just wasn’t the same for T.D. “I was delivering two monuments to the Texas Interpretive Center, and I have a dear friend who managed Spade Ranches. And he’s been a dear friend for 45, 50 years, and he said,‘You’re not doing too good in Montana. You need to look at a ranch while you’re here.’ So I went out and looked at it, and it was just like paradise. Water was everywhere. Flowers were everywhere. Kelsey was swayed by the beauty of the Rolling Prairies ranch, which was once a portion of the historic Four Sixes, and his friend, Spade Ranch CEO John Welch. He made an offer that was quickly accepted. “I was standing in a pasture wondering, ‘What did I just do?’” he recalls. He subsequently sold his Montana ranch and began sculpting the T Lazy S into the work of art it is today. “First of all, I don’t overgraze. At all. I know a lot of my neighbors probably wish I would graze more of it or think I don’t use the grass. I do use it — for wildlife. If I feel like there’s too much grass and it’s going to be a fire hazard, I’ll get some yearlings in,” Kelsey says. His biggest challenge has been removing stubborn brush. “I grubbed for 12 years,” Kelsey says. “It’s relentless. Mother Nature is relentless herself. These are red berry cedars, and the only way to get rid of them is to pull them out by the root. You can’t cut them down, and there’s no spray that will kill them without killing the grass around it. As for fire, I had a fire here eight years ago, and it burned almost the whole ranch. But all the cedars came back. That root ball is almost fireproof!” [caption id="attachment_17497" align="aligncenter" width="588"] KING COUNTY LANDMARK | The 7,827-acre ranch was once a portion of Samuel Burk Burnett’s historic Four Sixes Ranch.[/caption] A dozen determined years later and the brush became an attribute. “I picked where I wanted it grubbed,” he notes. “I cleared some of the bottoms of the canyons but not too much. I left brush on the side of the hills for erosion and for the wildlife to hide. The wildlife likes to hide in the brush, so all of the side hills are solid brush. Some of the top of the mesas are brush, too. It’s cedar and mesquite, so from the air, it looks like a jigsaw puzzle.” Charlie Middleton appreciates the strategy and perseverance. “Mr. Kelsey has been such an outstanding steward of this ranch. Several thousand acres of invasive cedar and mesquite have been grubbed, benefiting wildlife and making the property much more visually appealing. The grass turf has been well-maintained and not overgrazed, and water has been distributed very well. This ranch is ready for someone to enjoy beginning day one,” Middleton says. And while there are certainly a number of tangible amenities on the property — a 6,326-square-foot home, art studio, 8,800-square-foot workshop, two additional metal barns used as aircraft hangars, and a private runway — there are countless intangible assets included. [caption id="attachment_17496" align="aligncenter" width="588"] SOUTHERN HERD | T Lazy S bison echo the thundering hooves of the millions of head that once roamed the Great Plains and the Llano Estacado.[/caption] “I’ve been a rancher and an artist all my life. I was told 50 years ago I couldn’t do both. I ignored that. Every time you go out on the land, there’s a million ideas,” Kelsey says. “There is no limit to the ideas. The only limit is time.”]]> 17493 0 0 0 https://landreport.com/2021/01/midwest-farmland-values-up-in-the-third-quarter/ Thu, 14 Jan 2021 07:00:47 +0000 https://landreport.com/?p=17502 The overall 2 percent rise represents the first year-over-year increase in ag land values in the past six years with Indiana and Wisconsin leading the way at 6 percent and 3 percent, respectively. Illinois grew 2 percent with Iowa at 1 percent. The Seventh Federal Reserve District credits lower interest rates and additional government payments for spurring the growth, based on data from 144 bankers surveyed in the fall. Eighty-two percent of those responding expect regional farmland values to remain stable during the fourth quarter of 2020. Crop conditions improved this year with corn and soybean yields setting records or near historical highs. USDA forecasts indicate that soybean production in the five District States (Illinois, Indiana, Iowa, Michigan, and Wisconsin) should climb by approximately 16 percent. If so, the 2020 harvest would become the fourth largest on record. Click here to read more.]]> 17502 0 0 0 https://landreport.com/2021/01/2020-wellington-land-report/ Fri, 15 Jan 2021 16:31:22 +0000 https://landreport.com/?p=17506 Produced by brokerage Atlantic Western Realty Corporation, the report examines trends in equestrian land sales in the South Florida enclave, known as the winter equestrian capital of the world. For the first time in more than a decade, the actual sales volume in Wellington dipped below $300 million with total recorded acreage traded falling to fewer than 600 acres. Since May 2019, 58 major Wellington equestrian and land transactions totaled $213 million, representing a 39% decline in sales. Price-per-acre likewise plummeted 21 percent with sales averaging $383,000 per acre. Single-family home demand throughout Florida, meanwhile, has surged since the second quarter, spurred on by historically low interest rates along with robust in-migration to the tax-friendly Sunshine State. As of the first of September, 117 Wellington Equestrian properties totaling more than 1,300 acres were on the market with inventory exceeding $800 million. Click here to read more.]]> 17506 0 0 0 https://landreport.com/2021/01/land-report-january-2021-newsletter/ Fri, 15 Jan 2021 07:00:32 +0000 https://landreport.com/?p=17513 Our January newsletter features the Land Report 100 sponsored by Hayden Outdoors. News outlets worldwide have picked up our top story: Bill Gates is America's largest private landowner with 242,000 acres in 16 states. Other reads include:

• Green Diamond Resources adds 291,000 acres in Montana.
• Koch Industries lists two legacy ranches in Texas and Kansas.
• Florida and Georgia take their case to the Supreme Court.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17513 0 0 0 https://landreport.com/2021/01/will-rogers-ranch/ Tue, 12 Jan 2021 07:00:04 +0000 https://landreport.com/?p=17521 In November, the Cherokee Nation purchased Roger’s birthplace from the Oklahoma Historical Society. The 162-acre property situated in Oologah (35 miles north of Tulsa) includes a ranch-style home converted into a museum that depicts life on a 19th-century ranch in what was then Indian Territory. “It’s a special place for the Cherokee Nation and for the state of Oklahoma,” said Principal Chief Chuck Hoskin Jr. in announcing the deal. “But we can make it even more special.” Visitors tour the Greek revival-style ranch house owned by the family of the beloved cowboy humorist, whose father was born in the Going Snake district of the Cherokee Nation in 1839. Forty years later – at the time of Will Rogers’ birth – the family's ranching operation totaled 60,000 acres and had become a beef-production powerhouse. The Cherokee Nation plans to restore and preserve the site. Click HERE to read more.]]> 17521 0 0 0 https://landreport.com/2021/01/virginia-wine-country/ Tue, 26 Jan 2021 07:00:17 +0000 https://landreport.com/?p=17528 400-acre historic Merrie Mill Farm in Keswick, Virginia[/caption]

Interview with Guy and Elizabeth Pelly

By Christina Holbrook | Photography by Bryan Parsons

“We did not know what we were doing!” Elizabeth Pelly confesses, thinking back to the decision she and her husband Guy made to move from London, and create Merrie Mill Vineyard in rural Virginia. Guy Pelly ruefully concurs. He’d fallen in love with the rolling landscape beneath the Blue Ridge Mountains of Virginia on a trip to the U.S.  But how was he going to convince his wife to move across the ocean, with a young family, and purchase a large agricultural property? He enlisted the aid of broker Alex Webel of Hall and Hall. As it turned out, Webel located the Pelly’s dream property: the 400-acre historic Merrie Mill Farm in Keswick, Virginia. Next, he helped the couple gather data to guide their decision, and introduced them to the local wine-producing community. “Alex helped us find people who knew about planting grapes, and other vineyard owners helped us,” Guy recalls. “The community was incredibly supportive. Other vineyards and wineries want more places in the area for visitors to come to. So helping us get started and be successful just helps everyone.” They discovered that “you don’t have to be an expert at everything,” and there were tasks they could outsource while the business ramped up. While grape growing and wine making would be new to the Pellys, both come from strong backgrounds in business and hospitality. Guy Pelly is a British entrepreneur and London nightclub owner, while Elizabeth Wilson Pelly’s family founded Holiday Inn. Their vision was to create an experience that would delight visitors: a beautiful location, surrounded by nature as well as works of art, in which to enjoy delicious, casual drinking wines. This spring, three years after purchasing Merrie Mill Farm, the Pellys will welcome the public to the opening of their tasting room and lovingly curated farm property and grounds. “You’ve got to be patient,” says Guy. “And relinquish control over what you can’t control—like Mother Nature!” adds Elizabeth.  And they both agree that after three years, it’s starting to be more fun then scary. “We can’t wait to welcome people to this beautiful place—and show them a good time!” What else contributed to their life-changing decision to buy land and plant a vineyard? Elizabeth muses, “There is something really wonderful about raising children where we are—the beauty of nature, the endless opportunities for exploration. That idea allowed me to have just enough curiosity to pull the trigger and say to Guy, ‘Yes, let’s do this!’”]]> 17528 0 0 0 Grand Opening Live Performers]]> https://landreport.com/2021/01/working-farms-fund/ Tue, 26 Jan 2021 07:00:03 +0000 https://landreport.com/?p=17538 For decades, urban sprawl has been feasting on American farmland. A report by the American Farmland Trust states that between 1992 and 2012, nearly 11 million acres of land that had been used for “intensive food and crop production” were lost to development, with much of that taking place closer to major metropolitan areas. This hunger has not waned in recent years, nor has the appetite for such land shown signs of diminishing. The Conservation Fund is attempting to slow this loss with the creation of the Working Farms Fund, a program designed to acquire farmland near population centers and protect it from further development. The pilot program begins in 2021 in Atlanta with approximately five to seven farms involving approximately two dozen farmers. The ultimate goal is to eventually replicate the program in other cities nationwide. Click here to learn more. ]]> 17538 0 0 0 https://landreport.com/2021/01/southern-comfort-markets/ Wed, 27 Jan 2021 17:34:18 +0000 https://landreport.com/?p=17557 Thomas Hall Plantation | Charleston County, South Carolina[/caption]

Thanks to less expensive land, lower cost of living, milder winters, and a diverse array of landscapes, brokers in the SOUTHEAST enjoyed a banner 2020.

BY CORINNE GAFFNER GARCIA Last spring, as the ramifications of COVID-19 became more and more apparent, Governor Kay Ivey of Alabama issued a “Safer at Home” order that encouraged Alabamans to stay indoors and observe social distancing during the pandemic. Jonathan Goode of the Southeastern Land Group was not impressed. “When we first heard the governor’s order, my wife and I were frustrated about what it implied: That you’re safer indoors,” the broker recalls. “It’s the exact opposite of what people need to be doing right now. For exercise, mental health, abuse issues — it’s way safer to be outdoors.” Goode agreed with the governor that social distancing is sound policy during the pandemic — but he added his own twist. He suggested keeping your distance while outside, preferably on your own land. He even came up with his own marketing campaign — “Safer on Your Acres” — which focused on helping clients who want to exercise more control over the safety and security of their families by purchasing land. Goode has been pushing this concept since June, and the results have been nothing short of spectacular: a 50 percent year-over-year uptick in web traffic coupled with increased interest in properties of all sizes and price ranges. As COVID-19 drives increasing numbers to flee urban density and seek the social distancing that land and smaller communities offer, brokers in the Southeast are seeing a surge in buyer interest for everything from beachy hideaways to timberland and plantations with significant acreage. Since the pandemic, Heath Milligan of Georgia-based Macallan Real Estate has seen a major increase in demand for retreats on the outskirts of urban areas that offer recreational amenities as well as social distancing. “Generally, buyers are interested in lake houses, beach houses along the Georgia coast, farms, anything within driving distance of up to five hours of major urban areas,” he says. “Hunting properties have also done really well for us over the last six months.” Jane Brown, a South Carolina-based broker with Live Water Properties, concurs. In a few exceptional cases, buyers snapped up properties she had listed without even seeing them in person. “I’ve definitely seen a sense of urgency this summer. I thought it would slow down once fall started, but it hasn’t,” she says. “It’s mainly people from urban areas or those who rented during COVID or have relatives they quarantined with around here. They decided, ‘I want a place here.’ I’ve had several buyers putting property under contract without seeing it. They’re scared that they’re not going to get something.” As always, Florida remains popular. “We’ve been getting calls left and right from people looking for their place in the country, 10,000-acre ranches or 10 acres, just a place to get out and not be in a crowd,” says Dean Saunders of Saunders Ralston Dantzler Real Estate. And while the calls are coming from all over the country, Saunders notes that urban Floridians top the list. “If you live in Florida, and your kids and your grandkids are here, you’re probably not interested in leaving,” Saunders says. “We’ve seen a surge from all over the country, but probably more from South Florida, from Miami, and from Palm Beach. People feel cooped up and want to have some space. They want to get out of the city. And now they can work remotely.” So why are so many investors opting to buy in the Southeast over other parts of the country? In surveying brokers throughout the region, several key drivers stand out. An obvious starting point is less expensive land. In a similar vein, the typically lower cost of living has proven to be a compelling draw. Also, during winter, a much milder climate prevails. But the principle driver is the land itself. The Southeast covers an enormous swath of territory: from the Virginias up north to the white sandy beaches, orange groves, cattle ranches, and keys down in Florida. The diversity of landscapes that exists throughout the region is irresistible. CHOICE At Palmetto Bluff, an enclave in the Lowcountry of South Carolina that Live Water’s Jane Brown calls home, the increased demand for beach and waterfront properties has seen a marked uptick this year. Thanks to an extensive list of amenities, the 20,000-acre master-planned community is the sort of retreat where active people can stay active while staying in place. During the pandemic, Brown says it’s felt like a safe haven. “Palmetto Bluff has done a good job limiting access to amenities, and they’ve been very proactive with social distancing,” she says. “We call it the Palmetto Bluff bubble.” Generations of out-of-staters have long flocked to the Southeast for precisely such a resort and beachfront lifestyle. To others, however, heaven lies farther inland where forested tracts offer superior hunting, fishing, hiking, and riding. The closer one gets to the Appalachian Mountains, the greater the number of such properties. Take, for instance, Georgia’s River Pines Plantation. Heath Milligan of Macallan Real Estate has the listing, which he describes as one of the most diverse hunting tracts in the state. This type of mature timber tract resonates with a buyer who not only craves the great outdoors but insists on recreational opportunities right off their front doorstep. According to Milligan, “One of the unique features of the property is that more than 50 percent of the acreage is old pine plantation that’s laid out as a traditional quail hunting preserve.” LOWER COST Goode points out that the benefits of buying in the Southeast include a lower cost of living than many other areas of the country. Quite often there are fewer restrictive covenants, and that means more bang for your buck when it comes to acreage. “Our property prices are about $2,000 to $3,000 per acre as opposed to $5,000 to $10,000 in the Rockies,” he says. Milligan notes that record low interest rates have lured many potential buyers into pulling the trigger. “If someone was on the fence before, they are all in now,” he says. “Interest rates being as low as they are, buyers are really pushing to find a good piece of property.” Brown points out that venues in the Southeast that offer an extensive list of amenities along the lines of a Palmetto Bluff or a Hilton Head tend to be significantly less expensive than comparable resort communities in California or in the Northeast. According to Brown, this has led to a seismic shift in the makeup of coastal communities in the Southeast. Once upon a time, Palmetto Bluff attracted an older demographic to the exclusion of younger folk. “Now the average age has dropped to 46,” she says. YEAR-ROUND VALUE There’s no doubt that the great outdoors — hunting, fishing, hiking, and other pursuits — are readily enjoyed throughout the Northeast, the Great Lakes, the Rockies, and other settings nationwide. But in the Southeast, these pursuits can be enjoyed almost all year long. Given the tectonic shifts caused by COVID-19, this has already had significant implications in rural real estate markets throughout much of the Southeast. Many snowbirds from the Midwest and the Northeast who regularly flocked to Florida and the Gulf Coast to escape the cold weather for a few months a year can now enjoy their retirement or work remotely wherever they choose. Plummeting occupancy rates in the New York metropolitan area or, for that matter, in downtown Miami or Charlotte’s central business district prove this point. Clearly, going to the office has become a relic of a previous life for millions of Americans. In April, The Brookings Institution estimated that telecommuting ranked as the fastest growing method of commuting. Up to half of all American workers worked from home, a trend whose gradual development was accelerated by the pandemic. “This trend of people telecommuting to work is only going to continue to become more and more a part of our day-to-day living,” Goode says. “Especially as 5G broadband access becomes more available in rural communities, telecommuting is going to become an entrenched way of life. Based on what I’m already seeing, people will choose to live on the outskirts of bigger cities like Birmingham or Atlanta rather than be closer in. For some, there’s even a willingness to push the commute further out. And that’s what’s driving my business today.” So says the broker who wants you to be “Safer on Your Acres.”]]> 17557 0 0 0 https://landreport.com/2021/02/land-report-february-2021-newsletter/ Mon, 15 Feb 2021 07:00:38 +0000 https://landreport.com/?p=17583 TIMING IS EVERYTHING and the New Year has started off with a flurry of market data, including detailed federal reports as well as closed sales. Stories in our February newsletter include:

• Farmland values move up across much of the Midwest and Great Plains.
• A $30 million Colorado recreational ranch sells to close out 2020.
• Land O'Lakes develops an innovative new carbon program.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17583 0 0 0 https://landreport.com/2021/03/suppressing-fires-has-failed/ Thu, 25 Mar 2021 07:00:53 +0000 https://landreport.com/?p=17612 More than 30,000 acres were torched after a spark from a diesel engine ignited dry tinder.[/caption] Five of California’s 10 largest fires in modern history are all burning at once. Together, this year’s wildfires have already destroyed 4,200 buildings, forced hundreds of thousands of people to flee their homes, and scorched more than 3.2 million acres across the state. That’s larger than Yellowstone and Yosemite National Parks combined, and nearly half the area of Massachusetts. The latest blazes follow a string of particularly deadly and devastating fire seasons in California, and scientists say climate change will ensure even worse ones to come. To anyone who lives here, or anyone who’s watching, the situation is maddening and seems utterly unsustainable. So what’s the solution? There’s an overwhelming to-do list. But one of the clearest conclusions, as experts have been saying for years, is that California must begin to work with fires, not just fight them. That means reversing a century of US fire suppression policies and relying far more on deliberate, prescribed burns to clear out the vegetation that builds up into giant piles of fuel. Such practices “don’t prevent wildfires,” says Crystal Kolden, an assistant professor at the University of California, Merced focused on fire and land management. “But it breaks up the landscape, so that when wildfires do occur, they’re much less severe, they’re much smaller, and when they occur around communities, they’re much easier to control.” AWAITING A SPARK The Great Fire of 1910 burned 3 million acres across Idaho, Montana, and surrounding areas, killed nearly 90 people, destroyed several towns, and famously ushered in an era of zero tolerance for fires in the US. It and severe fires that followed prompted the US Forest Service to officially implement the “10 a.m. policy” in 1935, with a goal of containing any fire by that time the morning after it was spotted. Decades of rushing to stamp out flames that naturally clear out small trees and undergrowth have had disastrous unintended consequences. This approach means that when fires do occur, there’s often far more fuel to burn, and it acts as a ladder, allowing the flames to climb into the crowns and take down otherwise resistant mature trees. Climate change, which exacerbates these risks, seems to have finally tipped the balance of what was an increasingly untenable situation, says Anthony LeRoy Westerling, who is also at UC Merced. In California, it almost certainly intensified the prolonged drought earlier this decade, which killed some 150 million trees in the Sierra Nevada range. Meanwhile, temperatures are rising and rainfall patterns are becoming more extreme. Unusually wet winters promote the growth of trees and other plants, followed by dry, hot summers that draw the moisture out of them. This creates a tinderbox when the gusty winds arrive in the fall: a vast buildup of dry fuel just awaiting a spark, whether from a lawnmower, downed power line, or lightning strike. [caption id="attachment_17618" align="aligncenter" width="588"] STRETCHED THIN
In 2020, more than 3 million acres of fires dwarfed the resources available to federal, state, and local agencies.[/caption] A CENTURY-LONG BACKLOG OF WORK The problem now is the staggering scale of the work to clean this up. As much as 20 million acres of federal, state, or private land across California needs “fuel reduction treatment to reduce the risk of wildfire,” according to earlier assessments by the California Department of Forestry and Fire Protection and other state agencies. That’s nearly two-thirds of the state’s 33 million acres of forests and trees, and six times the area that has burned so far this year. This “treatment” can include prescribed burns set under controlled conditions—ideally, spaced out geographically and across the year to prevent overwhelming communities with smoke. It can also mean using saws and machines to cut and thin the forests. Another option is “managed wildfire,” which means monitoring fires but allowing them to burn when they don’t directly endanger people or property. More than a century of deferred work, however, means it’s hard to get into places that need thinning. It’s also risky to do prescribed burns or allow natural fires to rage, since the fuels are so built up in many places, Westerling says. A 2018 report by the Little Hoover Commission, an independent state oversight agency, recommended cleaning out 1.1 million acres a year. That would still take two decades, and require a lot of workers and money. Prescribed burns on forest and park lands can cost more than $200 per acre, while thinning can easily top $1,000, depending on the terrain. So the total costs could range from hundreds of millions of dollars to well above a billion per year. Still, that’s a fraction of the costs incurred by out-of-control wildfires. To take just one example, the devastating Wine Country Fires in October 2017 did more than $9 billion worth of damage in a single month. Battling wildfires on US Forest Service land runs more $800 an acre. And without thinning and burning, the wildfires are only going to get worse. If the goal is to burn up excess fuel, why not just let the wildfires rage? The problem is that runaway fires in overgrown forests don’t achieve the same results as controlled burns. These intense blazes can level vast stretches of the forest rather than simply clearing out the undergrowth and leaving the big trees standing, says Scott Stephens, a professor of fire science at UC Berkeley. Instead of restoring the health of the forests, large, uncontrolled fires often transform them into shrub land, where vegetation grows quickly and severe fires can rapidly return. [caption id="attachment_17624" align="aligncenter" width="588"] APPLE FIRE[/caption] FUNDING AND ACCOUNTABILITY The state isn’t doing anything close to the necessary amount of work today. Thinning and prescribed burns both generally cover around tens of thousands of acres per year, a tiny fraction of what the Little Hoover Commission recommended. In 2018, the state passed a law dedicating $1 billion over five years to wildfire prevention. Late last year, Governor Gavin Newsom signed a package of fire bills that included another $1 billion for preparedness and emergency response. That’s still not at the levels needed. The good news is that California reached an agreement in August with the US Forest Service to boost these efforts, with a goal of treating a million acres per year for the next two decades. The work would be evenly split between the parties, even though the federal government owns 57% of California’s forests while state and local agencies only own 3%. (The remaining 40% is held by “families, Native American tribes, or companies.”) The bad news is it’s a “memorandum of understanding,” not a binding law — and there’s no firm additional funding commitment. The problem is that “these agencies have been saying things like this for the better part of five decades,” says Michael Wara, a senior research scholar at the Stanford Woods Institute for the Environment and member of California’s Wildfire Commission. “The funding is key. As is a clear line of accountability if they don’t actually follow through.” Prescribed burning faces other hurdles, including public concerns over smoke, safety, and wildlife; drawn-out environmental review processes; and conflicts with timber interests. The logging industry owns 14% of California’s forest land and makes money by removing the mature trees, not the kindling. Setting far more fires will require sweeping regulatory reforms to streamline the approvals process. It will also likely necessitate the creation or appointment of a state agency singularly dedicated to fuel treatment, Wara says. Right now, burning and thinning efforts are managed by the California Department of Forestry and Fire Protection, which, he believes, will always prioritize the job that the public and politicians judge it on: containing the death and destruction from active fires. “Fire season is always coming, and they’re always responsible for it,” Wara says. “I think we need a new agency whose sole mission is fire risk reduction.” [caption id="attachment_17620" align="aligncenter" width="588"] COST-BENEFIT ANALYSIS
The Wine Country Fires alone caused more than $9 billion in damage in 2017.[/caption] THE FIRE NEXT TIME Kolden, of UC Merced, stresses that California will also need to prepare for the fires that will inevitably break out no matter what the state does. “We need to look at the places that are most at risk for not just fires, but disastrous fires that destroy whole communities, and do the mitigation work that will save lives and reduce property destruction,” she says. Among other things, that will require adopting stricter building codes for the materials used to build structures; trimming back trees; widening the space around structures; and retrofitting existing homes and buildings with fire-resistant features. Communities will also need better fire detection and notification systems, redundant evacuation routes, and more effective emergency response practices. And California’s leaders need to decide whether to even let communities rebuild after particularly devastating blazes, such as the Camp Fire that all but wiped out the town of Paradise. In the longer term, of course, we need to slow down climate change. That won’t lessen the current level of risk, but it could at least limit how much worse things get. The number of days with extreme fire risk conditions across California could increase by more than 50% toward the end of the century under a scenario in which global emissions peak around 2050 and decline thereafter, according to one recent study. In the worst-case emissions scenario, that number could almost double in some regions, exceeding 15 days each fall. As devastating as the fires have become, we’re still just at the early edge of climate change, says Diego Saez-Gil, chief executive of Pachama, a startup using AI and satellite data to help restore and protect forests. “I do hope that the orange skies in San Francisco, and the fires and the floods and the hurricanes, are really wake-up calls,” he says. “Instead of denying or neglecting it, or whatever attitude we had in the past, it’s time we all get together and start working on this very seriously.” He now knows the dangers firsthand. Five days after those lightning storms set California on fire, the flames reached his home in the Santa Cruz Mountains and burned it to ashes.]]> 17612 0 0 0 https://landreport.com/2021/03/land-report-march-2021-newsletter/ Mon, 15 Mar 2021 07:00:37 +0000 https://landreport.com/?p=17627 HANCOCK AGRICULTURE and its S. Kidman and Co joint venture partner have listed seven Australian cattle stations totaling 1.876 million hectares (4.6 million acres) with Elders Ltd. Other stories in our March newsletter include:

• Hatcher Farms brings $38 million at auction
• Rother Farm & Ranch goes on the block on April 20
• Weyerhaeuser to buy 69,200 acres from Soterra
• Rayonier acquires 17,956 acres in Florida

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17627 0 0 0 https://landreport.com/2021/03/salute-to-the-sixes/ Wed, 31 Mar 2021 07:00:03 +0000 https://landreport.com/?p=17629 Nothing reflects the culture of a ranch like its cattle roundups. The individual skill of each cowboy tells us only so much. Overreliance on flashy horsemanship, however thrilling, suggests lack of teamwork or unfamiliarity with terrain and pens. 

A gathering of cattle on the Four Sixes Ranch is a deliberate, disciplined affair: A half-dozen or so riders, usually the most experienced, push 250 cows and their calves along at a trot while younger flankers gather and gradually squeeze the herd into a column. The cowboys whistle and holler and press just enough to keep the cattle moving through the open gate and into the pen. When a small problem arises amid the dust, bellowing cows, and bawling calves, cowboys converge and remedy the situation as gently and efficiently as possible. Nothing looks rushed.

A few hands dismount and gather tools, syringes, and a cooler full of vaccines. In the pen, cowboys work calmly, looking for calves to cut if they’re weaning, or to rope and drag if they’re branding. Instead of whistling and hollering, they talk to their cattle, soothing them. 

During weaning, you might hear, “Yearlin’, yearlin’, shh, shh.” The veterinarians are ready when it’s time to run cows into the trap for palpitation. Other times, the unavoidable violence of dragging, branding, and castrating takes only seconds per calf. Mama and calf are reunited as quickly as possible. 

[caption id="attachment_17933" align="alignleft" width="300"] Wyman Meinzer's celebrated portrait of Anne Marion in the Croton Pasture.[/caption]

The scene varies little from pasture to pasture, from one set of pens to another, over some 266,000 acres spread across three divisions. Certainly, this professionalism reflects the skill and character of Four Sixes employees. But, at a deeper level, it stems from a vision and a culture nurtured across multiple generations. Years ago, longtime Sixes cowboy Boots O’Neal described this culture succinctly:

“In a lot of outfits, you get to the pens and the boss says, ‘Okay, here’s what we’re gonna do.’ We know what we’re fixing to do before we unload the horses.”

Since its founding in the frontier era, four generations of the Burnett family have guided the Four Sixes Ranch. On February 12, 2020, after 40 years of leadership and devotion, sole owner Anne Windfohr Marion died at the age of 81. Per the terms of her will, the great ranch will not pass to another heir. The three divisions are listed for sale with Sam Middleton of Chas S. Middleton and Son for $341 million. No matter who takes title, the next owner will enjoy an unsurpassed legacy of excellence. 

HISTORY OF FOUR SIXES RANCH

In 1868, 19-year-old Samuel “Burk” Burnett bought 100 longhorn cattle from Frank Crowley in Denton, Texas. The brand that would become one of the most recognized in the history of ranching — the open running six, or Four Sixes — traded with the cattle. Originally from Missouri, Burk and his parents came to Texas in 1859 after marauding Jayhawkers from the Kansas Territory torched their home. He went on his first trail drive at age 17. The following year, as trail boss, he drove 1,200 head of cattle up the Chisholm Trail to Abilene, Kansas. Already an experienced hand, he undoubtedly recognized that the Four Sixes brand would be almost impossible for a cattle rustler to modify.

In the winter of 1870, Burk bought another 1,300 head of cattle in the Rio Grande Valley and drove them up the Chisholm Trail to rangeland around the Little Wichita River. Sensing that the open range era of free grazing on public-domain lands would not continue indefinitely, he began buying property for as little as 25 cents an acre. With lumber from Fort Worth, he built his first house and headquarters at Iowa Park, just northwest of present-day Wichita Falls. 

Drought, stampedes, wolves, and thievery posed constant threats. Comanche and Kiowa raiders often left the reservation near Fort Sill, and the Quahadi Comanche band still claimed the Southern Plains and vast bison herds. 

[caption id="attachment_17928" align="alignleft" width="258"] The Sixes was once part of an untamed frontier that extended from the Texas Panhandle to the Rio Grande.[/caption]

Drovers pushed hundreds of thousands of cattle across the Red River and up the trail in 1871 and 1872. Reckless exuberance gave way to reality the following year when overstocked range and jittery investors sent the cattle market into a nosedive. Stuck in Kansas with 1,100 steers, the 24-year-old showed the instinct and judgement that would sustain him through rough patches the rest of his life. While other cattlemen sold at a steep loss, Burk wintered over and sold his cattle at a profit the following year.

In 1875, Comanche Chief Quanah Parker and his starving band surrendered at Fort Sill. Buffalo hunters, skinners, and wolfers who’d been hindered by the last vestiges of Comanche and Kiowa resistance stepped up the pace of their grisly calling. Cattle soon grazed in the wildest reaches of the Southern Great Plains. 

Cattle prices rose in 1881 and 1882, and stocking rates soared. Predictably, prices began to drop. A punishing drought took hold in 1885, ruining weaker operations and straining the best ranches. Thousands of cattle died. Burk Burnett, Dan Waggoner, and other big operators had no choice but to look north, across the Red River, to hundreds of thousands of acres of lightly grazed Comanche and Kiowa land. Burk made a lifelong friend in Comanche Chief Quanah Parker when he leased some 300,000 acres for 6½ cents per acre. 

In 1900, Congress ratified the Jerome Agreement, which opened reservation lands to settlement and forced cattlemen to vacate their leases. Every Comanche head of household was allotted a mere 160 acres for farming. Burk convinced President Theodore Roosevelt to extend his lease to allow ranchers time to sell surplus cattle and find suitable grazing. 

By then, he was ready to bring his cattle home. He had purchased the 140,000-acre 8 Ranch from the Louisville Cattle Company, along with 1,500 head of cattle. In 1902, he purchased the Dixon Creek Ranch in Carson and Hutchinson counties in the Northern Panhandle, 110,000 acres of excellent summer range for fattening calves. The Burnett ranching empire grew to nearly a third of a million acres over the next few years as Burk continued purchasing adjacent lands in King County.

Around the turn of the century, Burk built the Four Sixes Supply House in Guthrie. The modest block building served as his King County headquarters as well as a bank and a commissary for his employees. Burk often slept there during visits from Fort Worth. 

Less than a decade after the end of open-range grazing, barbed-wire fenced pastures, sturdy windmills, railway access, and changing tastes had rendered the iconic Texas Longhorn obsolete. Burk culled his Longhorns and replaced them with registered Shorthorns and Herefords. Within a few years, the Sixes herd was pure Hereford.

In 1917, Burk ordered construction of “the finest ranch house in West Texas.” Designed by the architectural firm of Sanguinet and Staats, the 10-bedroom mansion, constructed of stone quarried on the ranch, became the new Sixes headquarters and home of foreman J.W. Arnett. Then vice president of Quanah, Acme, and Pacific Railway, Burk traveled from Fort Worth to Paducah in a custom Pullman sleeping car with its own shower bath and electric lights. From Paducah, he would drive his buggy 28 miles south to Guthrie. 

In 1921, drillers struck gas and oil on the Dixon Creek Ranch. Gulf Oil Number 1 was the first well on what would become one of the largest natural gas fields in the United States. Crude from Gulf Number 2, the first oil well in the Panhandle, flowed for 50 years. 

Shortly before his death on June 27, 1922, Burk predicted the end of his cattle empire. In a letter to his friend Sid Williams, he wrote, “[Gas and oil] puts the best outfits in Texas drilling in there … of course this would put the ranch out of business as far as cattle is [sic] concerned.” In this one instance, the visionary rancher called it wrong.

Burk Burnett left his estate in trust to be inherited by the yet unborn grandchild of his only surviving son, Thomas Loyd Burnett, the oldest of his three children from his marriage to Ruth Loyd. 

Like his father, Tom started early and rose quickly. Born in 1871, he worked as a line rider on both sides of the Red River. By age 21, he was wagon boss of the Burnett operation in Indian Territory. Around 1905, he leased his father’s old headquarters at Iowa Park. By 1912, he’d developed a large herd of his own, then added a fourth of the Wichita County lands owned by his maternal grandfather, Fort Worth banker Martin Loyd. Together, these holdings formed the core of his Triangle Ranch. By 1929, Tom grazed some 6,000 cattle on 130,000 acres. He and his first wife, Ollie Lake, had one daughter, Anne Valliant Burnett. 

Upon his death in 1938, Tom left the Triangle to Anne, who managed it under the name Tom L. Burnett Cattle Company. “Miss Anne” lived in Fort Worth and visited the Triangle often. She and her second husband, James Goodwin Hall, were founding members of the American Quarter Horse Association. In 1978, she and her daughter Anne Windfohr Marion established the Burnett Foundation to support the arts, education, and charitable causes. She was the first woman to serve as honorary vice president of the Texas and Southwest Cattle Raisers Association and was inducted posthumously into the American Quarter Horse Hall of Fame. 

Miss Anne died in 1980. Per Burk Burnett’s will, her only daughter, Anne Windfohr Marion, inherited most of the Burnett empire, including the Four Sixes. As a girl, Anne had spent summers at the Four Sixes gathering eggs, bathing in a washtub, working from horseback, developing a deep love for the ranch, and nurturing an unstinting loyalty to its people. Her art history education and studies abroad provided her with worldliness and an appreciation for high culture. Under her leadership, an already great ranch would become a world leader in range and wildlife management, Quarter Horse breeding, and cattle ranching. 

HERITAGE OF FOUR SIXES RANCH

When Burk Burnett bought the 8 Ranch, his first foreman came with the deal. For 32 years, Bud Arnett ran day-to-day operations, and he led the Four Sixes Ranch from the end of open-range days into the early-modern ranching era. Upon Arnett’s retirement, longtime wagon boss Horace Bryant moved up to foreman, but left after only two years. George Humphrey, Bud Arnett’s young protégé, stepped up. From 1932 until his retirement in 1970, he led the Four Sixes Ranch through the Depression, numerous droughts, and disastrously low cattle prices. His own protégé, J.J. Gibson Jr., modernized the ranch and harmonized beloved traditional ways and newer methods. In 1998, he received the Texas Trailblazer Award, and in 2001, a few days before his death, the Foy Proctor Cowman’s Award of Honor.

In 1999, Gibson hired Joe Leathers to run North Camp, the Sixes’ 40,000-acre replacement heifer operation. Joe had grown up at Clarendon helping his father farm and run a few cattle. Ranching suited him; farming didn’t. After a year of college, he got married and began to cowboy full time. He started out running yearlings on ranches in Goodnight, Texas, then managed a small ranch in Guymon, Oklahoma. A few years later, his love of big, open country brought him to Knox County, Texas, immediately east of King County, where he worked for the Moorhouse family. 

“I’ve known about the Sixes since I was old enough to know what a ranch was,” Joe says. “Nearly all young cowboys dreamed of working there. When Louise and I first got married, we’d drive by the entrance to the Dixon Creek Ranch or the headquarters here in Guthrie, and I’d think, ‘Man, I’ll never be able to work there,’ but they offered me a job, which I considered a great honor.”

After running North Camp for several years, Joe moved to town and worked as wagon boss for a short time before heading north to run the Dixon Creek Division. In 2008, Anne Marion asked Joe to come back to Guthrie and take over as general manager of the Four Sixes Ranch.

“As a young man, I never thought I’d have the opportunity to work here, but through a God chain of events, we’ve ended up running the ranch,” Joe says. “There have been a lot of changes, and Louise and I have been fortunate to be a part of those — the extreme blessing in our lives.”

And a blessing for the Sixes. During long tenures, five of the six foremen shaped the ranch in their own ways, yet all maintained a continuity of vision and a culture that lives on. 

RIDING FOR THE FOUR SIXES BRAND

Joe Leathers describes the ideal Sixes ranch horse: “Tough, smart, athletic, plenty of cow sense. Cinches up big. If I’ve got a bull on the end of a rope, I don’t want to be jerked around like a catfish on a cane pole.” As for the current quality of the Sixes remuda, he adds, “Best horses I ever rode.” 

In the early years, Sixes cowboys weren’t nearly as well-mounted. After Burk Burnett’s death, all but a few of his best ranch horses were sold. When George Humphrey became foreman in 1932, he started from scratch. Burk was a businessman. Tom was a rancher first and foremost, and a better horseman than his father. Although the Sixes and the Triangle maintained separate remudas, Tom saw fit to give Humphrey a stud named Scooter, a gray out of Oklahoma racing stock. In 1940, Miss Anne donated Hollywood Gold, a yearling foaled at Iowa Park. 

Over the next two decades, Humphrey’s quest to “raise a few cow ponies” established the Sixes’ breeding program as one of the best in the world. Hollywood Gold’s progeny won numerous prestigious cutting horse competitions. Grey Badger II, another Tom Burnett stallion bred to Sixes mares, produced three American Quarter Horse Association champions. Cee Bar, the only stallion the Sixes bought during Humphrey’s tenure, burnished the ranch’s reputation by producing superb competition and ranch horses. 

J.J. Gibson Jr., who succeeded Humphrey, focused on breeding top ranch horses. His favorite stallion, Six Chick, produced outstanding broodmares. The 1980s and 1990s saw the great Tanquery Gin sire numerous cutting horse champions and countless gentle, highly trainable, cow-savvy ranch horses. 

In 1982, the Sixes elevated the entire Quarter Horse industry to the next level when Anne Marion hired Dr. Glenn Blodgett DVM to convert the ranch’s breeding program from pasture breeding to artificial insemination. Schooled in animal science at Oklahoma State University and trained in veterinary medicine at Texas A&M University, he has proven himself time and again to be the right man for the very big job that his boss had set her sights on. 

“Anne wanted the world’s best ranch horse production program,” Doc says. He adds, “That’s been the goal the entire time I’ve been here, and it’s our goal going forward.” 

In 1993, Anne challenged Doc to increase production. “At the time, we were just raising horses for our own use and selling the excess privately, mostly in consignment auctions,” he says. “But we had the facilities and the people, so we brought back the racing Quarter Horse segment that had been a big part of our heritage with Anne’s mother, and we acquired some top brood mares as well.” 

By 1993, the ranch stood top studs including Special Effect, Streakin Six, and the legendary Dash for Cash. Doc adds, “We’re unique in the industry in that we have both the Western Performance Horse segment and the racing Quarter Horse segment.”

The following year, Doc performed the first successful embryo transplants. Thanks to this key advance, young racing mares could serve as brood mares without a full-term pregnancy sidelining them from the track. The Sixes subsequently grew its stallion battery from six to 20. Typically, four or five are racing Quarter Horse studs. In keeping with the Sixes’ emphasis on top working cow horses, the remainder are Western Performance Horses. 

The Sixes’ program further increased its reach in 1996 when the American Quarter Horse Association approved cool transported semen for breeding. A few years later, the transport of frozen semen was also approved. Today, Doc and his team oversee the breeding of as many as 1,500 mares annually, both on site and with shipped semen. 

In 1996, Doc suggested an annual horse sale to Bob Moorhouse of the neighboring Pitchfork Ranch. “I’ve always focused on getting our name out there,” Doc says. “I knew that an annual sale would be far more effective than a sale every few years, but we didn’t have enough horses to pull it off. Bob and I decided to go in together, and then we talked to George Beggs of the Beggs Cattle Company. We started with friends and neighbors with the same vision of producing top quality Western Performance ranch horses.” The Sixes, the Pitchfork, and Beggs were joined by Tongue River Ranch and the Waggoner Ranch, and a tradition was born.

From the beginning, the Return to the Remuda Sale has attracted buyers from across the Southwest. It has grown into the premier sale in the ranch horse world. A first-class showing and performance facility was then added. In recent years, King Ranch, Circle Bar Ranch, and Wagonhound Land & Livestock have participated as guest consignors. Even with the COVID-19 restrictions, the 2020 sale proved to be the best ever in terms of both gross and average sales.

“Anne had a special way of inspiring people,” Doc says. “From the beginning, I understood that she only wanted to deal with the very best people, animals, and products. She had a way of making you feel like she was right next to you, helping you make those decisions. And to be honest, that feeling continues today. I ride for the brand.”

[caption id="attachment_17936" align="aligncenter" width="622"] Sundown on the Sixes[/caption]

“THERE’S NO PLACE I’D RATHER BE”

The 142,372-acre ranch at Guthrie lies along the western edge of the Rolling Plains ecological region. Both the South Wichita River and Croton Creek cut through hills, buttes, and broad draws. Given rain, little bluestem and other midgrasses grow lush in the loamier bottoms. Short grasses – curly mesquite, buffalo grass – dominate the drier uplands. King County averages 25 inches of rain per year. On a July day in 2003, in a pasture just north of headquarters, Mike Gibson turned his face up into a gentle summer drizzle, and said to me, “This might not look like much, but to King County ranchers, this is a million-dollar rain.” Thirsty country, but it makes the most of any moisture it gets. 

By the 1960s, the Rolling Plains of Texas had changed from pure grassland to a scrubland of cedar and mesquite. The wildfires that periodically cleansed the prairie of brush had long been suppressed. While the advent of fenced pastures made sorting and working cattle much easier, a sea of encroaching brush turned roundups into a nightmare of spooky, brush-wise mama cows. Worse yet, deep-rooted mesquite and cedar draw down the water table and crowd out native grasses. 

In the 1970s, Four Sixes Ranch foreman J.J. Gibson Jr. began an unprecedented pasture clearing program that continues today. More than 100,000 acres once choked with brush have been restored to the productive grassland that fed millions of bison and sustained the Comanche and the Kiowa. But the work never ends. Mature brush is grubbed with heavy equipment. Prescribed burning is used to quell young brush and rejuvenate little bluestem, gramma, and other native species. Violent disturbances have always played an essential role in the South Plains ecology. Given rain, the prairie heals quickly.

Today on the Guthrie ranch, bobwhite quail, Rio Grande turkey, and whitetail deer thrive as they did when buffalo hunters looked across a sea of grass. In 2014, the Four Sixes received the Texas and Southwestern Cattle Raisers Association Outstanding Rangeland Stewardship Award. Joe says, “Our decision-making process always starts with ‘What’s right for the land?’”

At headquarters, what’s right most years is a primarily Angus herd of about 4,000 cows, several hundred replacement heifers, and 200 bulls. 

Although the 108,000-acre Dixon Creek Division receives an average of only 22 inches of precipitation per year, calves shipped from Guthrie routinely gain 300 pounds over the summer. For the past several years, however, the ranch has served as a cow-calf operation. Dixon Creek — named after the famous frontier scout and Medal of Honor winner Billy Dixon — provides sweet water through the driest years. This is shortgrass prairie dominated by mesquite grass and buffalo grass. Massive cottonwoods shade the creeks. Plum and hackberry provide superb wildlife habitat. Joe describes the range as “stout.” Pronghorn bands graze among the cattle. Coveys of blue quail vanish into shortgrass and cholla. Mule deer watch in the distance. 

Set on the High Plains Caprock, the Dixon Creek Division sits on a priceless resource the headquarters at Guthrie lacks: the Ogallala Aquifer. Six pivot sprinkler systems irrigate 2,900 acres near the southwest corner of the ranch. Currently, the pivot circles grow wheat and hay, providing a welcome safety margin against drought.

In 2016, Burnett Ranches purchased 9,428-acre Frisco Creek Ranch in Sherman County, north of Amarillo. Located just south of the Oklahoma line, Frisco Creek proved ideal for weaning fall calves prior to shipping. Seven pivot irrigators water 861 acres of Stockmaster Forage, a mixture of fescue, rye, and orchard grass. The remaining acreage is a mix of native and improved pasture. This small ranch can sustainably graze as many as 10,000 cattle per year. Joe says, “We’ve developed Frisco Creek into a beef factory. Now we have more diversity and a much stronger drought management plan.”

Over the decades, severe droughts have forced Sixes cowboys to graze their cattle from Guthrie clear to the Canadian border, much as Burk Burnett survived by moving cattle to Indian Territory. Yet, even with the challenges of ranching on the Southern Great Plains, Joe believes that the three Sixes divisions offer the best available balance of climate, production, and resiliency. 

“If you stock this country at a reasonable rate, you’ll never run out of grass unless there’s a drought, and even then, we have alternatives,” Joe says. “There’s no place I’d rather be than right here.”

Update: On January 21, 2022, Taylor Sheridan was confirmed as the lead investor in the ownership group that acquired the Four Sixes Ranch from the Estate of Anne Marion. ]]> 17629 0 0 0 Go behind the scenes for a rare and revealing look at the historic Four Sixes Ranch.

]]> https://landreport.com/2021/04/2021-land-report-texas-issue/ Thu, 15 Apr 2021 15:43:45 +0000 https://landreport.com/?p=17648 Presenting our 2021 Texas Issue featuring:

• The Four Sixes Rides into New Territory: For the first time in more than 150 years, the great Texas ranch prepares to change hands. Henry Chappell and Wyman Meinzer report from the Sixes’ King County headquarters.

• Texan by Nature Celebrates a Decade: Founded in 2011 by Laura Bush, Katharine Armstrong, and Regan Gammon, this innovative organization has collaborated with more than 100 nonprofits, countless landowners, and business and industry partners to improve Texas one acre at a time.

• T. Boone Pickens Collection: More than $20 million was realized when Christie's auctioned a significant portion of the Western art acquired by the legendary energy entrepreneur.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17648 0 0 0 https://landreport.com/2021/04/land-report-april-2021-newsletter/ Thu, 15 Apr 2021 07:00:05 +0000 https://landreport.com/?p=17653 Our April newsletter offers a first look at our Texas issue, which features in-depth profiles of the Four Sixes Ranch and Texan by Nature. Other articles in the newsletter include:

• Land Advisors donates 413 acres to Audobon Sanctuary
• Dean Saunders wins APEX Top National Producer Award
• Ziff estate sells for $94 million after six years on market
• USDA considers doubling CRP acreage to 100 million acres

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17653 0 0 0 https://landreport.com/2021/05/land-report-may-2021-newsletter/ Sat, 15 May 2021 07:00:32 +0000 https://landreport.com/?p=17665 RETURN OF THE BIG DEAL. Earlier this month, Texas’s Four Sixes Ranch, listed for $341 million by Sam Middleton of Chas. S. Middleton and Son, and Montana’s Climbing Arrow Ranch, listed for $136.25 million by Mike Swan of Swan Land Company, both went to contract. That's the lead story in our May newsletter. Other reads include:

• Rother Farm & Ranch Auction fetches $35.8 million.
• Midwest farmland values rise 7 percent in Q1 2021.
• Supreme Court rules 9-0 for Georgia vs. Florida in the "Water Wars."

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17665 0 0 0 https://landreport.com/2021/06/the-land-report-spring-2021/ Tue, 15 Jun 2021 07:00:37 +0000 https://landreport.com/?p=17673 Congratulations to the 2020 Deals of the Year winners as well as to the America’s Best Brokerages and the Top Auction Houses honorees featured in our Spring issue:

• 2020 Deal of the Year: The State of Florida buys the Bluffs of Saint Teresa in a $43 million acquisition that was five years in the making.
• 2020 Conservation Deal of the Year: The town of Trinidad plays a key role in establishing Colorado’s Fishers Peak State Park.
• 2020 Timberland Deal of the Year: PotlatchDeltic sells Minnesota’s Heritage Forest to The Conservation Fund for $48 million.
• 2020 Farmland Deal of the Year: Bill Foley doubles his holdings in Sonoma County by acquiring California’s Ferrari-Carano Vineyard and Winery in a transaction valued at $250 million.
• 2020 Ranchland Deal of the Year: Michael Bloomberg acquires Henry Kravis's 4,603-acre Westlands in Northwest Colorado.

]]> 17673 0 0 0 https://landreport.com/2021/06/2020-ranchland-deal-of-the-year/ Tue, 15 Jun 2021 07:00:40 +0000 https://landreport.com/?p=17716 | Photography courtesy of Hall and Hall Shortly after ending his bid for the White House, former New York City Mayor Michael Bloomberg bought Henry Kravis’s 4,603-acre ranch in Northwest Colorado. His Honor reportedly paid $44.8 million for the pristine property, according to The Rio Blanco Herald Times. Listed in January 2019 for $46 million by Brian Smith in Hall and Hall’s Steamboat Springs office, Westlands sits in the White River Valley 20 miles southeast of Meeker. President Theodore Roosevelt crisscrossed this region several times during his many presidential forays to Colorado. Much of the surrounding acreage in this highly desirable locale belongs to conservation owners, the state, or the federal government. Tulsa-born Henry Kravis spent three decades developing the property, which he purchased in 1991 for $5.5 million. The co-founder of private equity firm KKR & Co. turned Westlands into a model of forest, vegetation, and wildlife management. The improvements in the 19,000-square-foot lodge-like main residence are nothing short of spectacular. Take, for instance, the fireplace mantels, which were sourced from European castles. The expansive structure features five bedrooms, a library, wine cellar, sauna, and steam rooms. Other standout features on Westlands include a helipad with its own hangar, a pair of guest cabins, a historic log home, tennis court, horse barn and trails, greenhouse, and woodworking shop. Australian golf legend Greg Norman ranks as a longtime friend of Kravis. The two were neighbors in the White River Valley for decades. Naturally, Kravis turned to the Shark to design the ranch’s four-hole golf course, which winds its way along some of the five miles of live water that course through the ranch. A private trout fishery nurtures rainbow and cutbow, while sportsmen can wade throughout a two-mile stretch of the North Fork of the White River.]]> 17716 0 0 0 https://landreport.com/2021/06/2020-farmland-deal-of-the-year/ Tue, 15 Jun 2021 07:00:19 +0000 https://landreport.com/?p=17723 By Christina Holbrook | Photography courtesy of Ferrari-Carano Here’s to the 2020 acquisition of Ferrari-Carano Vineyards and Winery by Bill Foley. The estimated $250 million purchase doubled Foley Family Wines’ holdings in Sonoma County to nearly 2,400 acres and upped production to two million cases a year. Foley is now the third largest owner in Sonoma County, behind E. & J. Gallo and Jackson Family Wines. Thirty years ago, Bill Foley was a guy with a lot of money and a taste for wine. Founder of Fidelity National in Tampa, Foley had built one of the most successful mortgage title companies in the world. Yet he had an itch to do something else. The logical next step for the oenophile? Purchase a winery. Foley’s foray into this ultra-pricey farmland niche began with the acquisition of Lincourt Vineyards in 1996. More than two decades later, this serial dealmaker has built an empire of vineyards that includes more than two dozen brands such as famed Chalk Hill. Foley Family Wines are produced in California, Oregon, Washington, and New Zealand. Don and Rhonda Carano established Ferrari-Carano Vineyards and Winery in 1981. Fumé Blanc and Sonoma Chardonnay became the winery’s signatures. To Foley, the strategic acquisition of these North Coast properties offered additional production facilities and greatly expanded his acreage — not to mention adding a priceless jewel in the crown for Foley Family Wines. But the business, for Bill Foley, is still about a tradition of great wine. Fred Furth, he believes, would be quite pleased if he could see how his beloved Chalk Hill has fared under Foley’s oversight. And Foley is convinced that the Carano family, too, will feel the same satisfaction as the brand they built is honored by Foley Family Wines.]]> 17723 0 0 0 https://landreport.com/2021/06/2020-timberland-deal-of-the-year/ Tue, 15 Jun 2021 07:00:44 +0000 https://landreport.com/?p=17726 The transaction includes property in 14 counties: Aitkin, Becker, Beltrami, Carlton, Cass, Clearwater, Crow Wing, Hubbard, Itasca, Kanabec, Koochiching, Morrison, St. Louis, and Wadena. Some 31,600 acres are situated within the boundaries of the Bois Forte Band of Chippewa and the Leech Lake Band of Ojibwe. PotlatchDeltic currently owns 16,000 acres in Minnesota and operates a sawmill in Bemidji. All told, the REIT owns more than 1.8 million acres of timberland in five states.]]> 17726 0 0 0 https://landreport.com/2021/06/2020-deal-of-the-year/ Tue, 15 Jun 2021 07:00:55 +0000 https://landreport.com/?p=17729 The Land Report’s 2020 Deal of the Year actually took five years to orchestrate. The result was well worth it, as the State of Florida took title to a 17,000-acre tract known as the Bluffs of Saint Teresa, which veteran broker Dean Saunders refers to as “an absolute gem of a property.” “The property was listed with me in 2015, and we didn’t finalize the deal until last October,” says Saunders, founder and managing director of SVN | Saunders Ralston Dantzler Real Estate. “Conservation deals like this are half real estate and half lobbying. You have to have an understanding and appreciation for how government works, and sometimes it doesn’t work quickly.” Florida acquired the Panhandle property, which sits 50 miles southwest of Tallahassee, for $43 million from Ochlockonee Timberlands LLC, a subsidiary of AgReserves, Inc. The Bluffs of Saint Teresa was a portion of a 382,000-acre purchase by Ochlockonee Timberlands from The St. Joe Company in 2014. Saunders assisted with that transaction as well, which led to the lengthy process of marketing The Bluffs to the state. “No matter how beautiful this tract of land is, there were going to be several surplus tracts that did not fit the objectives of what Ochlockonee was looking to do,” Saunders says. “Once they closed on the original property, they focused on disposing of the surplus properties, and this was one of those tracts.” Numerous entities were involved in the multiyear negotiations and eventual transaction, including The Nature Conservancy, which donated $2.25 million toward the purchase of the Bluffs of Saint Teresa, and the Department of Defense, which operates three Air Force bases in the Panhandle and contributed $2.19 million. The bulk of the purchase was financed via Florida Forever, the state’s conservation land-acquisition program. “The Nature Conservancy and the State of Florida have recognized the importance of the Bluffs of Saint Teresa for decades,” says Lindsay Stevens, Land Program Manager with The Nature Conservancy. “Folks in residential real estate are used to deals coming together relatively quickly and closing in 30 or 60 days. But conservation deals like this take quite a bit of time and effort to come to fruition.”

The Nature Conservancy Leads High Priority Negotiation

Another intriguing element was the transfer of title. “The Nature Conservancy was the lead negotiator on behalf of the State of Florida, working along with the property owner through the due diligence process. So The Nature Conservancy did not acquire the property. We assigned the contract that we negotiated with the property owner to the State of Florida, which completed the transaction. The bulk of the money came from the Florida Forever program, but The Nature Conservancy donated $2.25 million, because we recognize that it’s such an important conservation win for the State,” Stevens says. One of the reasons the State of Florida made The Bluffs such a high priority is that the property was the final piece of a puzzle needed to create more than 1 million acres of contiguous protected property. “The hole in the doughnut” is how Saunders refers to it. The Bluffs closed the gap between Bald Point State Park to the east and Tate’s Hell State Forest to the west, and it connects to the Apalachicola National Forest, St. Marks National Wildlife Refuge, and Ochlockonee River State Park to the north. [caption id="attachment_17731" align="alignright" width="300"] The Bluffs are Old Florida at its best.[/caption] “The landscape linkage that this makes is very important,” says Callie DeHaven, Director of the Division of State Lands with the Florida Department of Environmental Protection. “What made it all possible were the partnerships that went into this. The reason we were able to ultimately acquire this property is because of the efforts of many people. Also, the previous landowners were great stewards of the land, and they were patient in working with us through the conservation process.” All those who were involved with the transaction rave about the beauty of the property, which is highlighted by 20-foot-high coastal dunes, thick mottes of live oak and sand pine, sapphire-blue spring-fed lakes, and surrounding salt marshes. “A lot of times when people think about Florida, they think of palm trees and flamingos and white-sand beaches,” Stevens says. “That’s fantastic, but that’s not what this is. This is true, old natural Florida. You can stand on top of the bluffs and not see any development for miles. And now my grandchildren will be able to go there and see those same expansive views.” ]]> 17729 0 0 0 https://landreport.com/2021/06/2020-conservation-deal-of-the-year/ Tue, 15 Jun 2021 07:00:16 +0000 https://landreport.com/?p=17732 | Photography by Cameron Davidson Fishers Peak lords over an unsullied playground rife with elk, mountain lion, and black bear. The distinctive 9,633-foot spur of Raton Mesa ranks as the highest point in the nation east of the Rocky Mountains. It also serves as the centerpiece of Colorado’s newest public parkland, 19,200-acre Fishers Peak State Park, which welcomed its first visitors last fall. “Outdoor recreation is an economic engine for Colorado, and this park will help create good-paying rural jobs, protect our environment, preserve wildlife habitat, improve access to the outdoors, and provide educational opportunities for children,” said Gov. Jared Polis at the ribbon-cutting ceremony. The timing couldn’t be better. Colorado’s 42 state parks smashed attendance records in 2020. The residents of Trinidad certainly appreciated the increased foot traffic. Founded in 1862, the county seat of Las Animas County has a dubious legacy of boom times followed by prolonged periods of stagnation — or worse. The coal mines are closed. Cattle is no longer king. Marijuana has worn that crown since 2014. More than a dozen dispensaries thrive in the historic downtown. Since pot’s legalization, city leaders have been searching for Trinidad’s next big idea. Enter the Crazy French Ranch. In 1986, a Frenchman named Marc Jung bought the landmark peak and surrounding acreage. In the years that followed, he grew the ranch to 39,000 acres. After Jung’s death in the late 1990s, Madame Jung used the ranch for grazing and hunting. In 2013, she listed it for $79 million with Henry Field of Field Brokers in Santa Fe. The following year, the price was reduced by $20 million. Four years ago, the Gang of 14 — a group of Trinidad locals including Mayor Phil Rico and local philanthropist Jay Cimino — hit upon an idea: a 4,600-acre park with public outdoor recreation to draw visitors and improve community amenities. In the fall of 2017, Mayor Rico pitched the idea to The Nature Conservancy (TNC) and The Trust for Public Land (TPL). The two nonprofits countered with a slightly expanded plan and suggested a partnership acquire the remaining 19,200 acres. (The eastern portion of the ranch had been sold.) The plan worked. In February 2019, the nonprofits paid $25.4 million for the park-like setting, which is studded with Ponderosa pine, Gambel oak, Rocky Mountain juniper, Douglas fir, and topped with expansive montane grasslands. Conservationists hailed the creation of the new wildlife corridor, which stretches from the mountains to the prairies. Fifteen months later, Colorado Parks and Wildlife acquired the acreage from the nonprofits with funding from Great Outdoors Colorado and Colorado Parks and Wildlife Habitat Stamp proceeds. TNC, TPL, and the National Fish & Wildlife Foundation also chipped in. At press time, only 250 acres of Fishers Peak are open to the public. Sportsmen, however, can enter a drawing for one of the coveted tags to hunt turkey, elk, deer, bear, and mountain lion later this year.]]> 17732 0 0 0 https://landreport.com/2021/06/land-report-june-2021-newsletter/ Tue, 15 Jun 2021 07:00:30 +0000 https://landreport.com/?p=17738 The Magazine of the American Landowner is pleased to announce the 2020 Deals of the Year. They include:

• 2020 Deal of the Year: The Bluffs of Saint Teresa
• 2020 Conservation Deal of the Year: Fishers Peak State Park
• 2020 Farmland Deal of the Year: Ferrari-Carano Vineyard and Winery
• 2020 Ranchland Deal of the Year: Westlands
• 2020 Timberland Deal of the Year: Minnesota's Heritage Forest

For up-to-the-minute reports, follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17738 0 0 0 https://landreport.com/2021/07/land-report-july-2021-newsletter/ Thu, 15 Jul 2021 07:00:23 +0000 https://landreport.com/?p=17762 WEYERHAEUSER closed on the sale of 145,000 acres of high-elevation timberland in Washington to Portland-based Hampton Resources for $266 million. That's the lead story in our July newsletter, which also includes:

• Sealed bids on Garst Farm due August 6
• Farmers received $57.9 billion from Uncle Sam
• Colorado's Tybar Ranch sells for $12.55 million

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17762 0 0 0 https://landreport.com/2021/08/land-report-august-2021-newsletter/ Sun, 15 Aug 2021 07:00:08 +0000 https://landreport.com/?p=17796 Our August newsletter includes a first look at our summer issue as well as these breaking stories:

• 10 percent jump in Great Plains farmland
• $32 million Hooray Ranch sells in a month
• Historic Garst Farms sells for $19 million

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17796 0 0 0 https://landreport.com/2021/08/the-land-report-summer-2021/ Sun, 15 Aug 2021 07:00:09 +0000 https://landreport.com/?p=17798 Our Summer 2021 Issue features a compelling lineup of great reads:

• Sporting Properties: Tour one of Bear Bryant's favorite haunts, Alabama's Sedgefield Plantation, and then go west to Colorado's Elk Creek Ranch.
• Rocky Mountains: Go behind the scenes at Montana's Beartooth Group. Learn the meaning of The Circles. Gain a deeper appreciation for our national mammal.
• Turner Institute: Todd Wilkinson details Ted Turner's bold new venture: the Turner Institute for Ecoagriculture.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17798 0 0 0 https://landreport.com/2021/09/turner-institute-of-ecoagriculture/ Fri, 10 Sep 2021 07:00:40 +0000 https://landreport.com/?p=17805 During his storied career, Ted Turner has demonstrated an ability to look around corners and identify opportunities long before they become apparent to others. His prowess has been demonstrated with pioneering media platforms, professional sports teams, global philanthropy, and encouraging a modern appreciation — as well as a bullish market — for America’s national mammal, the bison.

Now Turner is peering into the future again, pondering how he can continue to make an enduring impact long after he’s gone. With his latest big idea, he may have saved his boldest, most far-reaching deed for last. His new initiative, rooted in the Great Plains bioregion, focuses on how to better understand the complex systems that spring forth from earth and nurture man and beast.

In July, Turner, through his holding company, Turner Enterprises Inc., donated one of his prized bison ranches in the Sandhills of Western Nebraska, the 79,292-acre McGinley Ranch, to serve as the cornerstone of a brand-new entity called the Turner Institute of Ecoagriculture. The Institute will operate as a nonprofit “agricultural research organization” (ARO).

The Institute’s objectives are to explore the intricacies of sustainable natural ecosystems and related human economies; to promote healthy soil, grass, water, and wildlife populations; and to help ranchers and farmers — the lifeblood of struggling rural communities — gain the technical assistance they need to survive in these challenging times.

“Ted started us down this road of thinking about sustainability decades ago, but back then it was based purely on instinct and his love of bison,” says Mark Kossler, general manager of Turner’s 14 Western bison ranches. The Institute will be a vehicle for showing how lessons learned from studying bison and the grasslands they rely upon can be applied at scale.”

[caption id="attachment_17807" align="alignright" width="300"] McGINLEY RANCH Located in the Sandhills of Western Nebraska, these 79,292 acres form the cornerstone of the Turner Institute.[/caption]

Created by Congress in 2015, AROs — agricultural research organizations — function as a novel class of public charity devoted to research and sharing findings for the benefit of society. Kossler explains that the Institute will examine all aspects of regenerative agriculture in the tall-, mixed-, and short-grass prairies where Turner ranches are located, and it will do so throughout production: from the microbial level of topsoil to the grazing practices themselves to the very food that consumers serve for dinner.

In all, Turner has a bison population numbering more than 45,000 animals spread across five different states. It is the largest private herd in the world. For years, Turner Ranches has undertaken in-house studies and experiments in rangeland management, restoration ecology, carbon sequestration, invasive weed control, animal nutrition, and the health benefits of eating bison.

The motto of Turner Enterprises is managing Turner lands in an economically sustainable and ecologically sensitive manner while promoting the conservation of native species. “The Institute is an outgrowth of that, big time,” Kossler says. “The ARO status gives us an opportunity to work and collaborate with world-class science and research people from land grant universities, and to share insights that other landowners can utilize.”

Turner, he notes, has always viewed his lands as laboratories for perfecting coexistence between humans and nature.

The Institute’s first research partner is South Dakota State University’s Center of Excellence for Bison Studies. Based in Rapid City at the West River Research and Extension facility, the Center was authorized by the USDA in the 2018 US Farm Bill. It formally launched in September 2020 as a partnership between South Dakota State University, the National Bison Association, and the National Buffalo Foundation.

When Kossler was hired to work for Turner in the early 1990s, the principle focus was on land acquisition to support a growing bison herd. He always said that Turner was not in the bison business but the grass business. “Based on what we’ve learned, I would amend that today,” he says. “We’re actually in the business of nurturing healthy soil because it is the building block of not just maintaining healthy ecosystems and agriculture. It’s essential to the persistence of prosperous human communities.”

The hope is that eventually the Institute will establish research projects on many of Turner’s other ranches, but for now, the focus will be on the McGinley. “I’m really excited because this is really taking Ted’s philosophy of ‘Save Everything’ to the next level because it puts humans into the center of the equation,” says Carter Kruse, Turner Enterprise’s director of Conservation and Science.

Over the years, Kruse has worked closely with Mike Phillips, the longtime director of the Turner Endangered Species Fund, to protect imperiled species on Turner ranches, and he has used bison as ecological tools to restore degraded watersheds and rangelands.

[caption id="attachment_17806" align="alignleft" width="300"] STANDING BUTTE RANCH Turner preserved this Great Plains landmark, which was scheduled to be auctioned in 2015.[/caption]

Among research areas are the resiliency and adaptability of bison in times of climate change, their role as habitat creators in prairie ecosystems, and how the presence of native plants bolsters their immune systems and affects the flavor of their meat.

“We’ve become well-known for our conservation projects. But Ted always insisted that achieving scale was important because it’s the only thing that will withstand the test of time,” Kruse says. “The Institute greatly increases our ability to do meaningful research and share results.”

Although the Turner Institute could potentially qualify for property tax exemption under current laws in Nebraska as a nonprofit, Turner himself says he’s committed to continuing to support the local communities where his ranches are located.

Says Turner, “I believe that local property taxes provide essential support for services on which our ranches and communities depend. The Institute will continue to pay its share of taxes to support the local communities.”

]]> 17805 0 0 0 WORLD'S LARGEST HERD Turner Ranches run 45,000 bison throughout the West.]]> During his storied career, Ted Turner has demonstrated an ability to look around corners and identify opportunities long before they become apparent to others. His prowess has been demonstrated with pioneering media platforms, professional sports teams, global philanthropy, and encouraging a modern appreciation \u2014 as well as a bullish market \u2014 for America\u2019s national mammal, the bison.<\/p>

Now Turner is peering into the future again, pondering how he can continue to make an enduring impact long after he\u2019s gone. With his latest big idea, he may have saved his boldest, most far-reaching deed for last. His new initiative, rooted in the Great Plains bioregion, focuses on how to better understand the complex systems that spring forth from earth and nurture man and beast.<\/p>

In July, Turner, through his holding company, Turner Enterprises Inc., donated one of his prized bison ranches in the Sandhills of Western Nebraska, the 79,292-acre McGinley Ranch, to serve as the cornerstone of a brand-new entity called the Turner Institute of Ecoagriculture. The Institute will operate as a nonprofit \u201cagricultural research organization\u201d (ARO).<\/p>

The Institute\u2019s objectives are to explore the intricacies of sustainable natural ecosystems and related human economies; to promote healthy soil, grass, water, and wildlife populations; and to help ranchers and farmers \u2014 the lifeblood of struggling rural communities \u2014 gain the technical assistance they need to survive in these challenging times.<\/p>

\u201cTed started us down this road of thinking about sustainability decades ago, but back then it was based purely on instinct and his love of bison,\u201d says Mark Kossler, general manager of Turner\u2019s 14 Western bison ranches. The Institute will be a vehicle for showing how lessons learned from studying bison and the grasslands they rely upon can be applied at scale.\u201d<\/p>[caption id=\"attachment_17807\" align=\"alignright\" width=\"300\"] McGINLEY RANCH<\/b> Located in the Sandhills of Western Nebraska, these 79,292 acres form the cornerstone of the Turner Institute.[\/caption]

Created by Congress in 2015, AROs \u2014 agricultural research organizations \u2014 function as a novel class of public charity devoted to research and sharing findings for the benefit of society. Kossler explains that the Institute will examine all aspects of regenerative agriculture in the tall-, mixed-, and short-grass prairies where Turner ranches are located, and it will do so throughout production: from the microbial level of topsoil to the grazing practices themselves to the very food that consumers serve for dinner.<\/p>

In all, Turner has a bison population numbering more than 45,000 animals spread across five different states. It is the largest private herd in the world. For years, Turner Ranches has undertaken in-house studies and experiments in rangeland management, restoration ecology, carbon sequestration, invasive weed control, animal nutrition, and the health benefits of eating bison.<\/p>

The motto of Turner Enterprises is managing Turner lands in an economically sustainable and ecologically sensitive manner while promoting the conservation of native species. \u201cThe Institute is an outgrowth of that, big time,\u201d Kossler says. \u201cThe ARO status gives us an opportunity to work and collaborate with world-class science and research people from land grant universities, and to share insights that other landowners can utilize.\u201d<\/p>

Turner, he notes, has always viewed his lands as laboratories for perfecting coexistence between humans and nature.<\/p>

The Institute\u2019s first research partner is South Dakota State University\u2019s Center of Excellence for Bison Studies. Based in Rapid City at the West River Research and Extension facility, the Center was authorized by the USDA in the 2018 US Farm Bill. It formally launched in September 2020 as a partnership between South Dakota State University, the National Bison Association, and the National Buffalo Foundation.<\/p>

When Kossler was hired to work for Turner in the early 1990s, the principle focus was on land acquisition to support a growing bison herd. He always said that Turner was not in the bison business but the grass business. \u201cBased on what we\u2019ve learned, I would amend that today,\u201d he says. \u201cWe\u2019re actually in the business of nurturing healthy soil because it is the building block of not just maintaining healthy ecosystems and agriculture. It\u2019s essential to the persistence of prosperous human communities.\u201d<\/p>

The hope is that eventually the Institute will establish research projects on many of Turner\u2019s other ranches, but for now, the focus will be on the McGinley. \u201cI\u2019m really excited because this is really taking Ted\u2019s philosophy of \u2018Save Everything\u2019 to the next level because it puts humans into the center of the equation,\u201d says Carter Kruse, Turner Enterprise\u2019s director of Conservation and Science.<\/p>

Over the years, Kruse has worked closely with Mike Phillips, the longtime director of the Turner Endangered Species Fund, to protect imperiled species on Turner ranches, and he has used bison as ecological tools to restore degraded watersheds and rangelands.<\/p>[caption id=\"attachment_17806\" align=\"alignleft\" width=\"300\"] STANDING BUTTE RANCH<\/b> Turner preserved this Great Plains landmark, which was scheduled to be auctioned in 2015.[\/caption]

Among research areas are the resiliency and adaptability of bison in times of climate change, their role as habitat creators in prairie ecosystems, and how the presence of native plants bolsters their immune systems and affects the flavor of their meat.<\/p>

\u201cWe\u2019ve become well-known for our conservation projects. But Ted always insisted that achieving scale was important because it\u2019s the only thing that will withstand the test of time,\u201d Kruse says. \u201cThe Institute greatly increases our ability to do meaningful research and share results.\u201d<\/p>

Although the Turner Institute could potentially qualify for property tax exemption under current laws in Nebraska as a nonprofit, Turner himself says he\u2019s committed to continuing to support the local communities where his ranches are located.<\/p>

Says Turner, \u201cI believe that local property taxes provide essential support for services on which our ranches and communities depend. The Institute will continue to pay its share of taxes to support the local communities.\u201d <\/p>","drop_cap":"yes","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"e5810a4"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2021/09/elk-creek-ranch-acquires-seven-lakes/ Fri, 10 Sep 2021 00:00:30 +0000 https://landreport.com/?p=17812 By Corinne Gaffner Garcia For those who are passionate about outdoor pursuits, the next great adventure can’t come soon enough. During board meetings, avid anglers daydream about tossing a line in crystal-clear waters, surrounded by pine trees and mountains that loom in the backdrop. Die-hard hunters fantasize about stealthily walking through the high-alpine wilderness toward a trophy elk in the distance. It’s likely that these types of outdoor enthusiasts also fantasize about buying a ranch, a place to gather with kids and grandkids, and pursue the sporting life in a wild setting that’s all their own. But when thoughts about the time and energy it would take to maintain such a place creep in, the dream often bursts. For those who happened upon Elk Creek Ranch and own one of the 67 memberships, a happy medium was found. Tucked away in the White River Valley of Northwest Colorado, this membership-based ranch club was built for these types of outdoor enthusiasts and features private fishing waters and unspoiled habitat within one of the largest elk migration corridors in the country. With the opportunity to build their own custom mountain homes on deeded lots, membership also grants them access to top-notch guides, cuisine, and deluxe amenities in a grand rustic-yet-elegant lodge. “They have access to this tremendous resource that you couldn’t get without a huge amount of money,” says Elk Creek Ranch manager Brett Harvey. “But as a member, you don’t have to worry about the day-to-day; you just show up and recreate, and go back home.” This membership-oriented model has worked like a charm, making memories for members and guests since 2007. But a recent turn of events just made it a whole lot better. Five times better to be exact. In June 2021, Elk Creek acquired the majority of neighboring Seven Lakes Ranch, which once belonged to golf legend Greg Norman. It’s five times its original size — with 15,000 pristine acres, an additional 10,000 acres of leased acreage, and 30-plus miles of private fly-fishing waters on the White River, Elk Creek, and Miller Creek. The acquisition also added an equestrian center, a 15-station shooting clays course, five stands, a pro shop, and a long gun and pistol range. Elk Creek also now has well over 40 miles of private interconnected trails, a historic barn and events venue, and additional lodging. The acquisition of Seven Lakes Ranch not only required a significant investment from Elk Creek Ranch members, but it also took a dedicated group of them to conceive a plan that would convince each one that it would be worth every dime — not just for their own sporting pleasure, but for the land they’ve all grown to know and love. Perhaps it was a secret divulged quietly at a cocktail party, a tip from a hunting buddy, or a website that caught their eye, but each member stumbled upon Elk Creek Ranch in a different way. Kevin McCoy’s initial exposure was through a visit at the urging of his brother, who became a member in 2007 before the facilities were actually complete. “It’s been a best-kept secret, and you almost have to see it and be there to understand it. It’s the outdoors, but it feels like your own ranch. And it’s more fun when you can share it with other people ... but not too many,” McCoy says with a laugh. Now serving as president of the Elk Creek’s Homeowner’s Association, it was the hunting terrain that drew him in when he and his wife purchased a membership in 2010, but the angling has offered a new and welcome challenge as well. Gordon Crawford was tipped off by a work associate who told him he’d find the best fishing in the Lower 48 at Elk Creek — which was a fly-fishing lodge and outfitter at the time. As an avid angler who planned annual adventures with his son and their friends, Crawford’s gang tried it and wholeheartedly agreed. But when he called to book his fourth trip in 2006, he learned that Elk Creek was being developed into a membership-based club. To become a member, you had to purchase a deeded lot, and only 67 would be sold … ever. “I jumped at it,” Crawford recalls. “I’ve fished all over the world, and the White River is among the best fisheries in the US. I didn’t have to think twice about it; I didn’t want to lose access.” Like a few other members, Crawford bought two lots, instead of just one. [caption id="attachment_17815" align="alignleft" width="300"] Rainbows and browns thrive in the ranch's three distinctive fisheries.[/caption] The White River Valley encompasses the 2.3 million-acre White River Valley National Forest, which includes the main portion of the protected Flattop Wilderness Area and the headwaters of the White River, which flows into Utah’s Green River. The landscape varies throughout elevations. “There’s an alpine component, upper and lower river basins, pastoral land, hayfields, and high desert,” McCoy says. “The White River Valley is its own ecosystem if you will.” The 30-plus miles of river that are accessible to members of the ranch include a multitude of fishing beats without major diversions, meaning deeper, colder water to hold fish in the summer months, and spawning opportunities for trout the size of those in legendary “Big Fish” tales. But in this case, no stretching of the truth is needed. “One afternoon in July, my son and grandson caught 40 to 50 fish, and more than 15 were over 20 inches,” Crawford recalls. “It’s just phenomenal fishing, and it’s phenomenal if you love nature. It’s in the boonies, but if you want world-class hunting and fishing, this is your place.” It’s also dotted with wide-open ranchlands, some of which have been owned by the likes of Henry Kravis, Michael Bloomberg, the Walton family, and, of course, Greg Norman, among others. Greg Norman's “least disturbance design philosophy” implemented in his golf course developments also applied to his land in the White River Valley, which he praised as having “incredible diversity.” When the Norman family put Seven Lakes Ranch up for sale, listed with Hall and Hall at $40 million, Elk Creek members perked up their ears, but conjuring a deal that involved a majority of them to invest a hearty sum would take time; given the membership structure, they weren’t in a position to pounce as quickly as an individual could, says Daniel Carter, senior vice president of the Denver-based Mirr Ranch Group, and the lead broker representing a majority of Elk Creek properties currently on the market. Enter Chuck Kuhn, CEO of the country’s largest independently owned moving company, JK Moving Services, and a land steward who’s been awarded for his conservation efforts on the East Coast. A friend of Elk Creek’s original owners, Kuhn considered becoming a member, but, according to Carter, he wanted more elbow room. Kuhn found this elbow room by way of Seven Lakes Ranch, which he and his family bought for an undisclosed sum in June 2021. The Kuhns retained the 14,000-square-foot residence, Seven Lakes Lodge, and about 220 acres of land. In a secondary deal, they sold the remaining 12,000 acres to Elk Creek Ranch with the understanding that Elk Creek reserved the right to put the property into a conservation easement. A win-win-win allowed the homeowner’s association time to raise funds, the Kuhns to secure their own acreage as well as a membership to the club, and the land to be protected into perpetuity. “Greg’s legacy extends well beyond golf. He is an outdoorsman and conservationist, and we share his vision of preserving this amazing swath of Colorado from future development,” says Kuhn. Preserving that legacy was a considerable undertaking that required the utmost patience and professional expertise. “This transaction took more than nine months to complete,” says Colton Brown, an Elk Creek guide and the Hayden Outdoors agent who represented Kuhn on both the acquisition of Seven Lakes Ranch and the subsequent sale to Elk Creek Ranch. “It was important to Chuck to give the members of Elk Creek Ranch the opportunity to add additional elk habitat as well as critical waterways. Elk Creek now has 25,000 acres of hunting ground and more than 30 miles of private water. As a resident and a native of this valley, I recognize how important this conservation easement is to all of us. These lands will never be developed.” [caption id="attachment_17814" align="alignright" width="209"] Elk Creek Ranch borders the White River National Forest, home of the nation's largest elk herd.[/caption] It may sound straightforward, but it took McCoy and a dedicated group of members a considerable amount of time to develop a plan that worked for as many members as possible. “Everyone is coming from a different place,” McCoy explains. “There are older members, younger members, some are more into fishing, some are more into hunting, there are heavy users, light users. In any club situation, some members reach a point in their lives when they’re ready to put things on the market, and making a big cash investment just doesn’t make sense.” While the team worked on the financial aspect of getting each member to kick in the needed funds, Harvey was tasked with “exposing our membership to what the amenity was,” he says. Elk Creek Ranch’s manager was perfectly suited for the job. Born and raised in the valley, he had worked for the ranch since 1993 — along with a stint working for Greg Norman — and knows the land intimately. “The resource is unparalleled, at least in Colorado. [To me] it was an obvious decision,” he says. The team needed 67 percent or more of the members to vote yes, Carter explains, and while many were on board from the get-go, others needed persuasion or had solid reasons for not investing. In the end, they came up with a deal structure that was both creative and compelling. When a conservation easement is placed on a piece of property in Colorado, the state offers tax credits that can be sold to third parties. In the case of Elk Creek Ranch, once the easement on Seven Lakes Ranch is complete, the capital raised will be used to offset a portion of the purchase price. Additionally, knowing that not all members were in the same financial position, a portion of the purchase was financed by the owner’s association through a combination of bank and membership group funds. And if a member had a lot on the market, they could defer payment until closing. “Once we were able to articulate the benefits, more than 80 percent were on board,” McCoy says. At that point, the deal went through in less than two weeks. Since the closing in late June 2021, Elk Creek Ranch has been working toward implementing a conservation easement that’s expected to be solidified within 18 to 24 months. For those hunting- and fishing-obsessed sporting types who stumbled upon Elk Creek Ranch and eagerly joined the club — like McCoy and Crawford — the Seven Lakes Ranch acquisition just made the pot that much sweeter in more ways than one. An accomplishment based on collaboration, the deal opened the door for more land and river access than the members ever imagined. And it also allowed them to give something back to the land and community in the White River Valley, a place they’ve derived so much pleasure from over the years. “This land acquisition was an opportunity to preserve a huge swath of elk habitat and also enhance one of the last remaining healthy fisheries,” Carter says. “For the members, they came to have fun, and they stayed because it’s so special.” “We’ve preserved such a unique place,” McCoy adds, “and we’re very aware of how fortunate we are to have that responsibility, to have the ability to make sure that much territory is maintained in a way that creates a legacy.” September 20, 2021: The story was updated to include quotes from Chuck Kuhn and Colton Brown.]]> 17812 0 0 0 https://landreport.com/2021/09/hallowed-ground/ Tue, 21 Sep 2021 07:00:22 +0000 https://landreport.com/?p=17820 BEST OF FRIENDS - Paul "Bear" Bryant and Curt Gowdy befriended one another at Yankee Stadium in 1949. Their friendship endured the rest of their lives, including a memorable trip to Sedgefield to tape an episode of The American Sportsman.[/caption] We are trailing Bear through a thick hardwood forest in Central Alabama. No, not Ursus americanus, the four-legged beast. Instead, we are following the same wooded trails once traveled by Paul “Bear” Bryant, the legendary University of Alabama head football coach. Following Bear tracks is a big deal in these parts, even 40 years after his death. Identifying places where Bear Bryant once walked is the Alabama equivalent of a “George Washington Slept Here” historical marker on the East Coast. Winning six national championships in a college football-crazed state has that effect. In this case, the “here” is Sedgefield Plantation, an historic Alabama hunting property located approximately 75 miles west of the state capital of Montgomery. Bryant made numerous trips to Sedgefield in the 1970s at the invitation of his good friend Jimmy Hinton, Sedgefield’s owner during that period. He even filmed an episode of The American Sportsman with his good friend Curt Gowdy at Sedgefield. The two spent several days hunting quail. This spring, 5,960 acres of the historic holding was listed by Whitetail Properties and National Land Realty for the first time in a half-century. Offers for the $20-plus million plantation started coming in within weeks. By summer it was under contract. It closed in early September. “I have never stepped on a better recreational hunting tract in the state of Alabama. It’s a hunter’s dream,” says Whitetail Properties broker Chris McCune during our tour of the property. “When it comes to deer, turkey, and quail, Sedgefield is the mecca. It’s an honor to be able to list a place like this.” After making the pilgrimage to Sedgefield myself, it was easy to see why McCune felt that way. Fueled by the rich soil of Alabama’s Black Belt, the landscape is as diverse as it is beautiful. The southern and western reaches of the plantation are filled with hardwoods, including an 800-acre swath that has never been harvested. In some spots, the forest is so thick that the heat of an Alabama summer barely seeps beneath the canopy of shade. The northern reaches of Sedgefield feature towering pines and thin tufts of sage grass, ideal quail habitat. There also are several small lakes scattered throughout the property. Chilatchee Creek cuts across the tract on its way to the Alabama River off property. This terrain has remained virtually untouched over the decades. The owners prefer to keep the property as natural as possible in order to enhance the various hunting options. [caption id="attachment_17823" align="alignleft" width="300"] HOME OF CHAMPIONS - Sedgefield has hosted numerous American pointing dog field trials, including the United States Field Dog Trials, The National Derby, and the Free-for-All Championship.[/caption] “The diversity of soils, timber, and managed openings along with the consistent management of quail, deer, and turkey combine to make Sedgefield one of the finest premier hunting properties in the South,” says National Land Realty’s Bob Jamison. Hunting has long been an integral aspect of Sedgefield. In 1926, A.G. Sage constructed a six-bedroom house, along with an eight-stall dog kennel. Both structures are still in use today. Sage then set about transforming Sedgefield into one of the premier bird-dog properties in the South. Not only did he raise and train dogs himself, but the National Field Trials and other competitions were regularly held at Sedgefield. In the 1950s and 1960s, Jimmy Hinton Sr. often trialed his dogs there. Walking behind his hounds among the pines, Hinton fell in love with Sedgefield. Sage arranged for his longtime dog trainer, Clyde Morton, to acquire the plantation, but when Morton passed, Sedgefield went to auction in 1971. Hinton Sr. was determined to secure the winning bid. “At that time, people thought Dad was crazy for how much he paid for Sedgefield,” says Jimmy Hinton Jr. “It turned out to be a pretty good deal.” By then, Sedgefield was already nationally known, thanks to hosting the Field Trials. Its renown further escalated when Coach Bryant became a regular guest in the 1970s. Bryant and Gowdy were the best of friends. When the veteran sportscaster discovered that Bryant enjoyed quail hunting with Hinton at Sedgefield, he knew it would be perfect for his show. “Back then the cameras weighed 100 pounds. They could only film during the brightest times of the day. So it took the crew several days to do all the filming,” Jimmy Jr. says, recalling the taping. “A lot of people saw that show, and things just kind of grew from there.” Indeed, the walls on the main house are filled with photographs of famous faces at Sedgefield: entertainers such as Jeff Foxworthy and Mark Chestnutt, and athletes including Dale Earnhardt and Chipper Jones. Super Bowl III MVP Joe Namath came out to Sedgefield — but not to bird hunt. Broadway Joe is a bass fisherman. But fame didn’t change Sedgefield. In fact, not much has. The property has remained remarkably consistent for decades. Hinton Jr. points out an aerial photo that was taken of Sedgefield in 1952 and says, “Most of it looks the same way now as it did then. It’s amazing.” Initially, the focus was on birds: quail, turkey, and duck. “On a good morning, it’s nothing out of the ordinary to hear 10 or 12 turkeys,” Hinton says. Then the deer arrived. In the late 1970s, herds of whitetailed deer became increasingly common. Today, dozens congregate and feed together. “Behind the main house, there is a field that will sometimes be full of deer. You walk outside and see 30 of them,” Jimmy Jr. says. [caption id="attachment_17822" align="alignright" width="300"] OLD WAYS - Over the last century, Sedgefield has been stewarded by a series of owners whose top priority has been hunting habitat.[/caption] Recently, the Hintons made the decision to sell nearly 6,000 acres of the plantation. Jimmy Jr. is keeping 2,500 acres both for personal use and to continue several of Sedgefield’s hunting traditions, including the Buckmasters Life Hunts for children with critical illnesses and for disabled veterans. “This place is such a big part of my life,” Jimmy Jr. tells me. “The first time I came here I was 7 years old. I kind of grew up here. I probably spend more than 200 days a year out here. So I want to be able to keep the heritage going and continue what we’ve been doing, just not on as big of a scale. This place is too special not to.” I most definitely know what he means. During my visit to Sedgefield, I caught an occasional glimpse of a distant deer bounding through the dense woods. As I was driving out, however, I glanced to my right and spotted eight deer feeding calmly in an open field just off the road. I pulled over and watched for several minutes until one of them apparently decided I was a suspicious character. It sprinted toward the woods, and the rest quickly followed. All that remained was the peace and quiet of Sedgefield Plantation.]]> 17820 0 0 0 https://landreport.com/2021/09/return-of-the-circles/ Thu, 30 Sep 2021 07:00:02 +0000 https://landreport.com/?p=17845

Long before the advent of the written word, women gathered in circles to tackle tasks and build bonds. In the Old West, the concept of a “circle” conjures up images of pioneer women stitching, prepping, and, of course, sharing. For the Women in Ranching program, sponsored by the Western Landowners Alliance (WLA), the Circles have become a vital forum.

Several times a year, members of the organization gather for three-day events at a host ranch where participants gather to network, mentor, share ideas, set goals, and strategize new projects. “The Circle remains a strong symbol. No matter where a woman finds herself along life’s journey — rearing families, supporting partners and spouses, or developing her career — she has a place within the Circle,” says Amber Smith, the Women in Ranching program director at the WLA. Smith and her husband run a 53,000-acre ranch outside of Cohagen, Montana. “These gatherings activate women to connect and share with each other and strengthen our collective voice for the betterment of our rural communities,” says Smith. Wendy Millet is a Harvard graduate with a degree in literature. After college, Millet shifted gears and began pursuing a lifelong dream of working on a ranch. “I didn’t have a peer group. One of my board members told me I should start one,” she says. Millet serves as the educational director and ranch director at TomKat Ranch, an 1,800-acre outfit that raises grass-fed beef in the San Francisco Bay area. She enlisted her friend Elaine Patarini, director of education and innovation at Paicenes Ranch, a Central California ranch owned by Sallie Calhoun that dates to the mid-1800s. Together, all three invited every female contact they had in the ag industry. They expected only a handful to show up. Instead, they got 26 RSVPs. [caption id="attachment_17861" align="alignright" width="300"] STRENGTH IN NUMBERS Women in agriculture are often marginalized. The Circles help to rectify this imbalance.[/caption] “I left feeling valued and appreciated for exactly who and what I was,” Smith says. “It was so exciting and engaging to spend days talking with women about day-to-day skills of running a ranch.” In 2019, Western Landowners Alliance agreed to serve as the nonprofit home for the group, with Smith at the helm. Like a lot of entities, Women in Ranching was forced to pivot from in-person gatherings to virtual events for a year-and-a-half during the COVID-19 pandemic. This detour gave women who might not otherwise have had an opportunity to travel the opportunity to network and learn. “I was hesitant about pursuing any further educational experiences — soils courses, conferences, NRCS tours, and so on — because I didn’t have a platform of knowledge. It seemed futile,” says Cinch Buckle Ranch’s Liz Barbour. “Through Women in Ranching, I learned to pursue my passions regardless.” After attending her first Circle, Barbour felt energized and began attending agricultural events and gatherings. “My perspective changed, and I allowed myself to explore,” she adds. “I no longer allowed myself to be walled off to learning just because I couldn’t apply the knowledge right then.” Millet often hears testimonials like this. They reinforce her belief in the power of the Circles. “Women in ranching and in ag are marginalized and in the minority. They have emerged from the Circles and started businesses. And the networking has been incredible,” she says. Attendees trade horses and livestock. Others inquire about grazing techniques. “These women want to connect with someone in our community who knows more about a certain topic than they do,” says Smith. In July 2021, the first in-person Circle following the pandemic took place in Colorado. “We’ve got gals in the middle of nowhere homeschooling four kids and working on ranches,” Smith says. “It’s a challenge for them to participate, but that’s exactly the women I want to be our key audience.” Backgrounds and expertise vary enormously. Some of the attendees grew up ranching or in agriculture, while others found their way to a career on the land during college. The Circles also include women involved in fields with parallel interests, budding entrepreneurs who live on ranches but don’t run them. “The labels fade away pretty quickly,” says Ariel Greenwood, who spends half the year in Montana beneath the Beartooth Mountains and the other half on the High Plains of New Mexico. With encouragement and support from the Circles, she started a grass-fed beef brand. “It was how I paid myself for some of my early work with cattle,” she explains. Liz Barbour hosted a Circle at Cinch Buckle Ranch in Eastern Montana in late July. She knows firsthand the struggle of juggling parenthood and ranch work. The mother of two is a Purdue graduate who began her professional career as an addiction counselor and caseworker. But by the summer of 2021, she was rolling out of bed at 3 a.m. to saddle horses, load them in a trailer, and haul them to the east side of the Cinch Buckle to move cows in the cool of the early morning. Barbour manages the ranch with her husband, Drew. From addiction counselor to ranch manager is a big leap, one that Barbour feels is less fraught thanks to support from Smith and the Women in Ranching crew. [caption id="attachment_17859" align="alignleft" width="300"] CIRCLE UP The next Women in Ranching virtual conference is scheduled for November 11-13.[/caption] “It fuels your soul when you get to do the things you love to do, especially if there’s someone helping you to do it,” Barbour says. “I love the landscape and love working lands and improving lands. The Circles really gave me permission to start learning new things.” Women in Ranching will host its second annual virtual conference November 11–13. This year’s lineup will highlight women-run businesses in agriculture. Most participants hail from Western states, but the group welcomes all women including students studying ranching. “We have built up a community with a culture of caring and sharing,” says Millet. “It’s really a beautiful thing.” Learn more about Women in Ranching HERE.]]> 17845 0 0 0 https://landreport.com/2021/09/sweet-potato/ Thu, 30 Sep 2021 22:15:47 +0000 https://landreport.com/?p=17847 Tay and Jason Brown raise eight children and tons of sweet potatoes on their 1,000-acre farm in Louisburg, North Carolina.[/caption]

To football fans, it’s known as “the trenches.” It’s the battlefield that runs the length of the line of scrimmage where jumbo-size athletes toil in obscurity, digging and sweating and struggling to control every precious inch. That’s precisely where Jason Brown dwelled for more than a dozen years, earning a football scholarship to the University of North Carolina as an offensive lineman and then spending seven successful and lucrative seasons as a starting center in the NFL with the Baltimore Ravens and the St. Louis Rams.

But in 2012, at the age of 29, Brown walked away from football’s fortunes and — along with his wife, Tay, and their growing family — entered a new set of trenches. Or, as he put it, “I was being called to a different field.”

That field turned out to be a 1,000-acre tract of farmland in North Carolina that the Browns christened First Fruits Farm. In the decade since, Jason has been digging and sweating and struggling to again take control of the ground, though this time as part of a larger calling from God.

Brown has detailed his amazing transformation from football player to sweet potato farmer in a new book Centered (Random House), which he wrote with journalist Paul Asay. It is the story of a man who traded his plans “for a life that matters,” and discovered this life in a hot, dusty field far from the perks and privilege of the NFL.

“I knew that in my transition from football to farming, God was creating a transformative story,” Brown said during a phone call earlier this summer. “It’s a testimony, but God is the author. … I want to tell everybody just how awesome and miraculous God has been in our lives.”

A fast-paced 203 pages, Centered can be read in a day or two. But its message will linger longer. The story is about farming, but the focus is on faith and family, especially the support Brown received from Tay, who is mentioned prominently throughout.

Brown came from a strong farming background. His grandfather, also a North Carolinian, owned a 200-acre farm near Yanceyville. He also battled racism as leader of the local chapter of the NAACP.

[caption id="attachment_17856" align="alignleft" width="300"] First Fruits Farm[/caption]

“My grandfather was a farmer,” Brown writes. “He stared down droughts and floods, and wasn’t about to be frightened off by men in sheets.” But as the situation grew more violent, the Brown family — including Brown’s father, Lunsford — moved to Washington, D.C. It would be nearly 20 years before the family returned to North Carolina, just before Brown was born in 1983.

Even then, Lunsford stayed behind in D.C. for another 16 years, holding down a government job and doing freelance landscaping on the side. When Brown made visits to D.C. to see his father, he often helped with the landscaping, which, he writes, is how he learned that “working the land is hard work, but rewarding work.”

Athletics did not enter Brown’s life quite as quickly. He was cut from his middle school baseball team, and when he started going to high school, he was more interested in the band than in football. But the late bloomer ultimately became a star athlete. He went on to earn first-team All-ACC honors at North Carolina (UNC).

During his junior year at UNC in 2003, Brown’s older brother, Ducie, died in the Iraq War while serving in the Army. Brown’s description of his close relationship with his brother — and how Ducie helped shape him — provides some of the book’s most poignant moments.

Brown was chosen by the Baltimore Ravens in the fourth round of the 2005 NFL draft. He played well enough over the next four seasons to be signed to a five-year, $37.5-million contract with the St. Louis Rams in 2009. The record-setting contract made him the highest-paid center in NFL history.

Brown fell into many of the trappings of the NFL lifestyle. He bought a 12,000-square-foot house with marble fireplaces. Although he was a teetotaler, the house had two massive bars, which were stocked with all sorts of expensive liquors including a $1,500 bottle of Louis XIII Cognac. But as his playing career hit new heights, Brown’s life was reaching depressing lows.

“My identity and self-esteem were wrapped up in football,” Brown writes. “I’d fallen in love with football, and football wasn’t loving me back anymore. … My marriage was broken. My family was broken. My life was broken.”

It was a time, Brown writes, “when our bank accounts were full, but our hearts were empty.” So Brown turned down offers to remain in the NFL for the 2012 season and instead embarked on a new calling as a farmer, even though he admits, “most folks thought I had lost my mind.”

“I’d built a career on spray-painted grass and artificial turf,” Brown writes. “God told me to dig deeper, to sink my hands into the earth and pull goodness out of it.”

The second half of Centered segues into Brown’s fascinating transition to the farm life and details obstacles he encountered along the way. This includes losing many of the millions he had saved throughout his NFL career in questionable investments as well as learning how to farm. In each instance, Brown says God answered his prayers through people who helped him at exactly the right time.

[caption id="attachment_17857" align="alignright" width="300"] HARD HITTING
Jason Brown's account of his profound journey earns high marks. WaterBrook ($24)[/caption]

For example, Brown’s initial harvest in 2014 of 120,000 pounds of sweet potatoes was accomplished with the help of more than 600 volunteers from the Society of St. Andrews. He received unexpected donations or discounts on essential equipment, including a brand-new 6125M John Deere row crop tractor, which replaced his cranky, old Allis-Chalmers.

“I knew my family had my back, but little did I know the community was going to rally around me as well,” Brown tells me. “That has led to some of the most encouraging moments through it all.”

The Browns give away most of what they grow to food banks and churches, keeping just enough to feed their family (which is up to eight children) and help pay the bills. Jason says providing that generosity was part of the calling that lured him away from football.

“We’re sharing God’s love in a practical way,” Brown says. “Food is a constant need that every single one of us has. Everybody has to eat. So when it comes to making an impact and giving back, the most practical way is through hunger relief.”

But while Brown undoubtedly is giving back by making financial sacrifices most people can’t imagine, he writes that farming has given him so much more. It has made his overall life more enjoyable and left him at peace. He is, as the title says, centered.

“Every seed we plant is almost like a little prayer,” Brown writes. “When we put it in the ground, it’s a way of saying, ‘I believe. I believe you will grow.’ Farming gives us a front-row seat for what it looks like to walk in faith every day, and what the harvest of that faith can be.”  

]]> 17847 0 0 0 https://landreport.com/2021/09/land-report-september-2021-newsletter/ Wed, 15 Sep 2021 07:00:02 +0000 https://landreport.com/?p=17848 Breaking stories dominate our September newsletter:

• USDA reports a 7 percent increase in farmland values
• Montana's $136.25 million Climbing Arrow sells
• $4.5 billion pipeline proposed to capture carbon at Midwest ethanol plants
• ConocoPhillips pays $9.5 billion for Shell's Permian Basin assets

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17848 0 0 0 https://landreport.com/2021/10/spi-acquires-seneca-emmerson-largest-landowners/ Fri, 08 Oct 2021 07:00:10 +0000 https://landreport.com/?p=17866

NORTHERN CALIFORNIA ROOTS | In the first half of the 20th century, Curly Emmerson and his son, Red, planted the seeds for Sierra Pacific Industries near Lassen Peak.

Sierra Pacific Industries (SPI) has completed its acquisition of Oregon-based Seneca Jones Timber Company and Seneca Sawmills. The transaction, which was announced on August 6, closed October 1. The 175,000-acre acquisition brings the Emmerson family's timberland holdings to 2.3 million acres, eclipsing the 2.2 million acres owned by John Malone, the nation's largest private landowner. “This is a meaningful day for Sierra Pacific Industries as well as for Seneca,” said SPI President George Emmerson. “The combined company brings together an outstanding team of people that will leverage our shared expertise in sustainable forest management and innovation in manufacturing, working together to provide quality lumber and wood products to the marketplace. We are excited to be joining the Oregon forest products industry, along with the opportunities for further growth in the state.” Read more HERE.]]> 17866 0 0 0 https://landreport.com/2021/10/sweetens-cove-tennessee-tradition/ Fri, 15 Oct 2021 07:00:12 +0000 https://landreport.com/?p=18524 THE QB Everyone agrees: Master Blender Marianne Eaves calls the shots at Sweetens Cove.[/caption]

Mark Rivers knows a thing or two about branding. At a recent sit-down with him in Dallas, he wasn’t shy about discussing the marketing gold he’d discovered with Sweetens Cove.

“What makes brands great are oftentimes stories, and this particular business passion of ours is story on top of story,” Rivers says. Sweetens Cove stands out in the world of celebrity spirits brands for its multitude of compelling stories. The investment team behind it, Peyton Manning and Andy Roddick among them, is impressive for their cumulative celebrity alone, but the bourbon itself is also superior to much of the star-studded booze that proliferates today.

Perhaps most unique for the brand, its identity is built entirely around a small piece of land and the nine-hole golf course that occupies it in rural Eastern Tennessee. Much has already been written about the Sweetens Cove Golf Club, which outshines major championship venues in some rankings, and plenty of spirits writers (myself included) have extolled the exceptional quality of the whiskey. But how and why an out-of-the-way golf course came to inspire one of the hottest new whiskey brands is another story altogether.   

It started in 2018 when Rivers and Skip Bronson, who head up The Bronson Companies, began searching for a new real estate project with something special at its core. They had just begun work on the Driftwood Ranch Club in Austin, so a golf course was top of mind. Billed as “Texas as you always imagined it,” the 800-acre development features the first new 18-hole golf course constructed in that part of Texas Hill Country in 15 years. For their next course development endeavor, they brought on board Andy Roddick — the former tennis star is an avid golfer — and turned their ambitions toward something less traditional, a 9-hole model without the sprawling clubhouse and view-obstructing condominiums. For that project, Mark had planned to enlist the services of course designer Rob Collins for a new build, but Rob persuaded him to look at the potential that already existed in a unique, but struggling, track outside of Chattanooga romantically dubbed Sweetens Cove. Some members of the team were more open minded than others. 

“A nine-hole golf course in South Pittsburgh, Tennessee? Is that our big idea?” Andy recalled asking Mark back in 2019. “There’s something there,” Mark insisted. “You just have to go see it for yourself to understand.” 

Ground had broken on Sweetens Cove back in 2011 at the tail end of the Great Recession. Few, if any, golf courses were being built. In a previous life, it had been a lackluster municipal course, but Rob and his business partner, Tad King, saw enough promise in the place to take it on as the first project for their new design firm, King Collins Course Design. Inspired by some of the greatest courses in the country, it was meant to be, foremost, a strategic course with the kind of undulating and unforgiving terrain that makes it both beautiful to look at and humbling to play. Its crude “clubhouse,” a shed bought at Lowe’s, and portable toilets for restrooms spoke volumes about the priorities of its designers and owners, points not lost on an increasingly enchanted fan base. Even professional golf course critics have, at times, described Sweetens Cove as the essence of the game distilled into purest form and function. When Mark arrived in 2019, the exceptional nature of the property was easy to see. 

[caption id="attachment_18528" align="alignright" width="300"] HOME TEAM
Co-owners Tom Nolan, Andy Roddick, Rob Collins, Mark Rivers, and Peyton Manning at Sweetens Cove.[/caption]

“It was technically spectacular and punching well over its weight,” Mark says, but after talking to the owners, he came away feeling that for all their passion, the course was financially “an endangered species.” Mark offered a partnership on the spot to ensure financial stability. He and his team thought Sweetens Cove could truly be a world-class course, but what they didn’t know then was that the idea of Sweetens Cove could lend its allure to something even bigger.  

Mark’s investor group grew with Tom Nolan, former head of Ralph Lauren Golf, and eventually, Peyton Manning. Despite being one of the last to join the team, the NFL Hall of Famer and former University of Tennessee quarterback, who has several investments in the state, added significant credibility to the partnership. 

So much about the course impressed its new owners, from its secluded beauty to the charm of the spartan amenities, but when the team finally hit the links, one tradition seemed to sum up everything that made the course so special. Sweetens had a long-standing ritual that first-timers to the course would take a shot of whiskey on the first hole before teeing off, what regulars referred to as “taking your first shot, before your first shot.” 

Visitors would leave bottles. Guests would reuse shot glasses. Bottles were shared with friends and staff. That kind of welcoming authenticity, genuine and unpretentious, was exactly what Rick and Peyton and the others had quickly grown to love about the place. According to Rick, “The lightbulb just lit up. No other course does this. It’s really authentic and truly romantic. It seemed only natural to take that to another level.” And so, the idea for Sweetens Cove whiskey was born.

To create a whiskey befitting such a special place, the group turned to Marianne Eaves, a Tennessee native with an impressive whiskey-making resume. Marianne was, coincidentally, born not far from the course, but she grew up one state north in Kentucky. It was there, during a stint with whiskey giant Brown-Forman, that she became the first female Master Taster, followed by a period as Master Distiller, another first, at Castle & Key Distillery. Her time at Castle & Key, which was resurrected from the ruins of the Old Taylor Distillery, had exposed her to the process of designing a whiskey bigger than the liquid in the bottle, something that embodied a place and its history.

Mark’s goal of preserving everything special about Sweetens Cove really impressed Marianne. And the team’s desire to create a best-in-class Tennessee bourbon was a tempting challenge. 

“I think that Sweetens Cove is going to be Tennessee’s Pappy Van Winkle. It’s actually going to be better,” Marianne says.

To sweeten the pot, the team offered her a creative blank check. “We promised to provide her with all of the tools she needed and to stay out of her way,” according to Andy. “She’s become the quarterback of our whiskey team.” 

Following the success of the first Sweetens Cove Tennessee Bourbon release in 2020, which was only available in Georgia and Tennessee, another release, nearly three times larger, has already hit shelves in Colorado, Louisiana, Texas, and Kentucky. Plans are already in place to enter several other markets by year-end. 

[caption id="attachment_18527" align="alignleft" width="300"] SWEETENS COVE GOLF CLUB
This 9-hole gem was designed and built as an inland links course by Rob Collins and Tad King.[/caption]

“We wanted to start in a couple of states first and make sure we got it right,” Andy says. By all accounts, that’s just what they’ve done, impressing plenty of spirits critics, myself among them, and teeing up their brand to enter the all-important, on-premise bar and restaurant scene once the pandemic subsides. The success of the whiskey has had as much to do with the quality of the product as it has with the quality of the investors behind it. 

Case in point, Peyton has been personally cold-calling boutique liquor stores and visiting bars in Indiana ahead of their expansion there this fall. “I’m in the cold-calling business,” Peyton says. “I do at least get a call back, but the bourbon has to do [the talking] after that.” 

You don’t get that kind of dedication from most celebrity spirits backers. “What I love about it,” Mark confides, “is how the well-known people on our team are standing behind the business and pushing it forward instead of standing in front of it and making it all about themselves.”

And what about Sweetens Cove, the golf club? “We’ve stabilized the finances,” Mark told us. “The course itself isn’t a grand jackpot. But we’ve positioned ourselves to make it great.” That doesn’t mean lots of development, however. Since partnering with the original ownership, Mark’s team has made only minimal improvements, including better drainage and a Himalayas-style putting green. 

Oh, and there’s finally indoor plumbing. Day passes launched earlier this year have become, unsurprisingly, one of the hottest tickets in golf. “The goal there was to get people playing golf longer and enjoying the course more.” 

It remains, as ever, the sort of Tin Cup meets Field of Dreams feel that Mark and his partners stumbled on in 2019, only now there’s an actual bathroom. And you can almost always find among the whiskeys on the first tee a bottle or two of Sweetens Cove.  

]]> 52814 0 0 0 https://landreport.com/2021/08/mohu-priced-at-39-5-million/ Fri, 20 Aug 2021 06:00:21 +0000 https://landreport.com/?p=59310 The last component of the celebrated Graham estate is on the market for $39.5 million. Gerret Conover and Thomas Leclair at LandVest Real Estate have the listing. Located on Lambert’s Cove on Martha’s Vineyard, the 50-acre peninsula known as Mohu includes 3,000 feet of frontage on James Pond and 860 feet of beach access. Contoured woodlands provide privacy and create a family compound. The house that once stood on the property has been removed, but a caretaker’s cottage, tennis pavilion, and one-of-a-kind beach cottage remain. Washington Post publisher Katharine Graham purchased the 127-acre property in 1972. In 2017, portions were sold to adjacent landowners. Read more HERE.]]> 59310 0 0 0 https://landreport.com/2021/10/land-report-october-2021-newsletter/ Fri, 15 Oct 2021 07:00:48 +0000 https://landreport.com/?p=17871 For the first time in more than a decade, America has a new largest landowner. That's the lead story in our October newsletter, which also includes:

• Texas's Fairfield Lake lists for $110 million with its own 2,400-acre lake
• GreenTrees and Milliken Forestry team up in South Carolina
• Leading Harvest launches a pilot program in Australia
• Ag-Analytics acquires AcreValue

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17871 0 0 0 https://landreport.com/2021/10/the-land-report-fall-2021/ Fri, 15 Oct 2021 07:00:59 +0000 https://landreport.com/?p=17876 Our Fall 2021 Issue features a trio of Investment Properties as well as a Timberland Special Section:

• Garst Farms: The story of the first-ever soil conservation easement.
• Victory Ranch: This Park City getaway boasts its own backcountry conservancy.
• Sweetens Cove: Peyton Manning and Andy Roddick celebrate a Tennessee tradition.
• Climbing Arrow Ranch: A look back at the River Runs Through It ranch.

For up-to-the-minute reports on breaking news, follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17876 0 0 0 https://landreport.com/2021/11/newsletter/ Fri, 12 Nov 2021 07:00:05 +0000 https://landreport.com/?p=17887 Our November newsletter offers insights on our fall Investment Issue as well as these great reads:

• Far Niente acquires Provenance Vineyards
• Preservation plan proposed for Colorado's Crystal Mill
• Powderhorn Ranch on track to become a Texas state park

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17887 0 0 0 https://landreport.com/2021/11/bubba-wood/ Mon, 15 Nov 2021 07:00:30 +0000 https://landreport.com/?p=17890

Bubba. I am not aware of a more misleading nickname than the one given to Martin “Bubba” Wood of Dallas. Across the arc of Texas quail country to the pine-filled preserves of the Southeast, Bubba Wood stories abound. It’s easy to gather the impression, based upon his sheer legend, that Wood might be one of those simple-minded good old boys from the Lone Star State whose penchant for mirth makes him a fabled raconteur.

Some of this is Wood’s own doing. Beyond the jocular persona of this Bubba is a guy who, when it comes to rallying people together around conservation, possesses a steady and relentless aim. This truth actually has little to do with the fact that Wood is a world champion skeet shooter and a -formidable stalker of bobwhites.

On June 4, Wood received the T. Boone Pickens Lifetime Achievement Award from the Park Cities Quail Coalition. The only downside to this honor was the fact that the award was not presented by Pickens himself, who passed away in 2019. Wood was recognized by a group of peers whose friendship he treasures most. While he’ll often use his larger-than-life personality to deflect praise, the moment left him more than a little choked up.

Thanks to his decades as owner of Collectors Covey, Wood’s purview also includes the world of sporting art. In addition to supporting conservation through the purchase price of the art itself, Wood has reminded me several times over the years that art is a way of declaring our values.

Born in 1940 to Frank and Bea Wood, the native Texan is the first to admit that he was “born on third base.” But he quickly adds that “I’ve never deluded myself into believing that I hit a triple.” To say that Bubba’s father was in the oil and gas business is a bit of an understatement.

Frank Wood was on a first-name basis with Dwight Eisenhower. He was one of the Texas oilmen who raised money to help Ike win the White House in 1952. His young son actually met the 34th President in the Oval Office. 

Wood learned to hunt and fish at an early age. At 8, he read conservationist Francis Kortright’s illustrated guide Ducks, Geese and Swans of North America. Wood could identify any waterfowl by its feathers, silhouette, profile in flight, even fledglings. When his father couldn’t join his son hunting, he enlisted Ray Hale to accompany the boy. Bubba viewed Hale as a beloved older brother, then as a second father. 

“Ray was from Wichita Falls and worked for us and hunted with me all the time,” Bubba told Craig Nyhus of Lone Star Outdoor News. It mattered not a whit that Hale was black and Texas was a segregated state. 

“The importance of Ray’s presence in Bubba’s life cannot be overestimated,” says master wildlife art painter Thomas Quinn.

Wood easily could have been but never became a bon vivant. He’s never been a drinker. He went to college at SMU, got a law degree, and did remarkably little with his newly minted Juris Doctor. 

“I spent several wayward years as a skeet shooter, and I had some success,” he says.

 Wood was far more than a success. The Texan dominated national competitions and was named to several All-American rosters. In 1976, he won the 12 Gauge World Championship and was further honored as Champ of Champs.

After his individual triumphs, he became a team shooter, first as a member of a band of gunners known as the Armadillos and then as a member of the mythic Cosmic Cowboys. 

In a story written for Shotgun Sports Journal, John Bulger explored the origin of that assemblage with Robert Paxton, one of Wood’s teammates. 

“There is a whole lot more to it than just shooting skill, although that was the crucial factor,” Paxton said. 

“The Cosmic Cowboys really came about because of the leadership of Martin ‘Bubba’ Wood. He was the elder statesman of the group — the only adult — and initially gave the group the impetus to get together,” he said.

As their leader, Wood allowed his teammates to load themselves and their guns into his Suburban and drive to competitions. He flew. 

“Sometimes personalities have a lot to do with shooting compatibility, and those five had it all,” Bulger wrote. “They roomed together, ate together, practiced together, and shot together. It was a magical time to shoot as a member of the group.”

Though the Cowboys teamed up for only a few years, they went undefeated. Anchoring them was Wood, who is regarded as one of the greatest shotgunners of all time. On several occasions with different gauges, Wood hit 1,000 straight clay targets. Not surprisingly, he is a member of the National Skeet Shooting Association’s Hall of Fame.

At the Park Cities Quail award ceremony, Rick Snipes said that “hunting with Bubba is like hunting with Johnny Carson. He always has a quip for every circumstance. He’s been so great in his life that he doesn’t need to tell you about it. He can be very self-effacing, making jokes at his own expense.”

Wood also stands out as an authority on sporting art. Not long after Wood opened his Collectors Covey gallery in 1978, Quinn phoned him and lectured him about the quality of the art he was selling. The mockery left Wood intrigued. He invited Quinn to Texas; they hit it off famously. Quinn remembers an outing when Wood outfitted him with a gorgeous Belgian-made side by side while the host carried a basic Remington semi-automatic. As their hunting party approached an island of bunchgrass, the dogs went on point. Guns ready, the trio stepped forward. A large covey erupted. Five birds fell. All were Wood’s. He had used four shells.

The octogenarian has his own way of subjecting his pals to a combination of gentle encouragement as well as downright ribbing. 

“If Bubba decides to do something, he’ll stay with it until he masters it,” Quinn says. “The way I’d describe him is zealous.” Take, for instance, fly fishing. Wood can read water and match flies to hatches, and he is adroit at piquing stubborn fish to rise. His passion is similar to that of a violinist who takes up the instrument and eventually comes to understand not only how to make a certain sound but how that sound is made.

Wood applied the same process to sporting art, discerning what was great, what was good, and what qualified as “a dog that just don’t hunt.”

At Collectors Covey, Wood became an oracle for his Texas pals — husbands and wives — who wanted to decorate their homes and offices with hunting and fishing scenes. He has represented some of the very best, including Bob Kuhn, Ken Carlson, Thomas Aquinas Daly, and Quinn. 

He created a mystique around paintings that portrayed white-tailed and mule deer, Gulf Coast fishing, and, of course, the almighty pastime of quail hunting behind exceptional bird dogs. In addition to art, Collectors Covey published 14 books. It inaugurated  the Texas Duck Stamp and channeled more than $7 million to the Texas Parks and Wildlife Foundation.

Mick Doellinger, an Aussie-turned-Texan who is regarded as a rising star of wildlife sculpture, remembers their 2006 introduction. 

“I took a few bronzes to his Dallas warehouse to critique — one was an elk bust — and in his not-so-subtle way, Bubba said, ‘The facial features look more like a red stag than an elk.’ He was right. I was surprised he could tell the difference. I liked him immediately.”

The two became close friends, and Wood continues to offer astute critiques. “He is always up for good banter, tall tales, and a laugh,” Doellinger says. “He is one of my best friends. He is one of the most knowledgeable people on hunting, fishing, shooting, and sporting art. Through his standing, he’s become a strong voice for conservation.”

In the late 1980s, Wood took Walter Matia under his wing at Collectors Covey. He contacted the sculptor after seeing an advertisement in Wildlife Art News promoting Matia’s bronze titled Wild Turkey Pair. 

Wood called Matia and berated him for producing an edition of just seven bronzes. “Who the hell do you think you are, Rodin? How am I supposed to make any money selling these things if you cast only seven? You’ll sell half to people you already know. They’re good turkeys, I’ll give you that. Why don’t you come down here for a quail hunt, and we can talk about it,” Wood suggested. Matia went to Dallas and struck up a career-enhancing friendship.

[caption id="attachment_17891" align="alignright" width="200"] GOOD GIRL
The veteran hunter brought Katie to Boone Pickens' Mesa Vista Ranch for her first hunt in 2016.[/caption]

“Bubba knew what he was talking about,” Matia says. “He took a personal interest in me, and he made developing my skills and career into a partnership. We are not simply art dealer and artist. We are friends who share a passion for sporting art and a deep respect for just how hard it is to do it right. My deeper knowledge of art history was something he kidded me about, but he also knew that I viewed sporting art not as a separate niche in the art world but as another legitimate way of experiencing the world. I think over our long relationship we helped each other develop more rigorous standards for what we found to be truly great work.”

In 2006, dwindling quail numbers led North Texans to launch Park Cities Quail. Almost immediately, Wood contacted his close friend Boone Pickens about joining the cause. Pickens agreed but with one condition: that Park Cities Quail become the national leader in quail conservation philanthropy.

Over the next decade, a Who’s Who of bird hunters came to Dallas at Pickens’ request to be honored by the organization, including Ted Turner, George Strait, and Johnny Morris.

Wood did more than keep his word. In 2019, the organization eclipsed the $10 million mark in net proceeds raised for quail conservation. Cofounder Joe Crafton credits the 2021 T. Boone Pickens Award winner as being the catalyst.

“There would be no Park Cities Quail Coalition today without the influence of Bubba Wood,” Crafton says.  

]]> 17890 0 0 0 By TODD WILKINSON | Photography by RUSSELL GRAVES]]> https://landreport.com/2021/10/garst-farms-a-legacy-of-innovation/ Fri, 15 Oct 2021 00:00:33 +0000 https://landreport.com/?p=17897 Des Moines Register described the final sales totals as “hefty.” The listing agent called it “exceptional.” The Garsts said simply: “We’re grateful.” QUOTABLE“Buy land. They're not making it anymore.”-Mark Twain

But here’s the catch: Despite a scorching hot market for farmland across the Midwest, nobody knew how the sale of those prized plots would go. “Going into the sale, that was the million-dollar question,” says Steve Bruere, president of Peoples Company, which marketed and auctioned the farms in conjunction with Community Insurance Agency of Coon Rapids.

First-of-a-Kind Soil Conservation Easement

That’s because all 1,998 acres that belonged to the Garsts were protected by a soil conservation easement, a first-of-its-kind stipulation that permanently governs how that land must be farmed – and how it cannot. In short, existing terraces, headlands, waterways, and riparian buffers must stay as-is, tillage is prohibited, and roots must continually remain in the ground. Those measures, installed years ago on the Garst family land, fortify the nutrient-rich topsoil, and prevent the kind of erosion that conventional farming practices have inflicted across the Heartland. The Corn Belt alone has lost one-third of its topsoil due to erosion, harming water quality, stripping carbon from the fields, slashing corn and soybean yields by 6 percent, and cutting farmers’ profits by $3 billion a year, according to a new study recently released by the National Academy of Sciences. “In my book, soil erosion is everything because you can’t come back from that,” says Liz Garst, the family’s business manager. “It took 10,000 years to build the topsoil we used to have. Once it’s gone, in any meaningful sense, it’s gone. “We decided, with the sale of this land, we wanted to make sure our work is protected, and we wanted to send a message to Iowa farmers that they can do better,” Garst adds. Five nearby farmers bought into that message by buying the tracts, Bruere says. He estimates that even with the restrictions attached, the parcels sold at a mere 10 to 15 percent market discount. One of those farmers, Karl Eischeid, bought a 240-acre tract, paying $11,000 per acre. Since the early 1990s, he’s owned farmland adjacent to that tract, which is sharecropped by a farm operator and his two sons. Eischeid was drawn to the parcel’s proximity, the soil’s high productivity score — it earned a Corn Suitability Rating of 88 out of 100 — and to the Garsts’ long view for safeguarding the land. “The Garst family took a chance on putting the easement practices in place, knowing that this could lower the value of the auction,” Eischeid says. “However, they placed a higher value on their perception of conservation and what we leave behind for our future generations.” Here’s the thing, though: The Garsts aren’t simply compelling the new owners to do right by the land. The family knows that true stewardship brings better agricultural output. Their yield increases have consistently beaten county averages. Protecting the soil has been profitable. Liz Garst, herself a plainspoken farmer with Harvard and Stanford degrees, is quite sure the easement offered buyers a clear model to reap that same success. “We’re not just altruistic,” she says. “A smart way to make money is to take care of soil.” Yes, the conservationists are most definitely capitalists. They’ve been that way since the day Garst invited the Khrushchevs to travel from Moscow to Coon Rapids to enjoy a farm lunch of fried chicken, stuffed tomatoes, and apple pie. And, just maybe, to buy a whole lot of his hybrid corn seed.

The Innovator

The patriarch — Roswell "Bob" Garst — was chock full of wild ideas. Wild for the times, anyway, yet notions that eventually would help transform how America farms. Before all that, Garst was selling real estate in Des Moines when the Great Depression leveled the country in 1929. He quickly teamed up with Henry Wallace, a fellow big-thinking businessman from Iowa. For several years, Wallace had been producing and selling a high-yielding hybrid corn seed he named Copper Cross. Wallace, who later would become President Franklin Roosevelt’s secretary of agriculture and his second vice president, had learned the science of hybrids from George Washington Carver. As the Depression deepened, Garst returned to his hometown of Coon Rapids and began selling Wallace’s hybrid seeds throughout Western Iowa. In 1931, he cofounded his own venture, the Garst and Thomas Hybrid Seed Corn Company. “Hybrids were the magic change agents,” his granddaughter Liz Garst says. “Before then, you saved your own seeds, the only fertilizer was manure from your own farm animals, and the only power came from your own draft animals.” Hybrid corn grows faster, is more disease resistant, and produces higher yields. In 1933, just 1 percent of Iowa farmland was planted with hybrid seed. By 1943, almost all the fields were hybrid. Roswell Garst had helped spread the gospel of hybrids to farmers across the Midwest. He also got rich selling his seeds. He began buying dying farms and reviving them by restoring the soil. He graded the ditches, seeded the waterways, and converted some land back to pasture. He raised calves and cows by feeding them corn cobs and stalks. He championed nitrogen fertilizer and mechanization to plant and harvest his crops. His conservation boosted the yields — and it ultimately became a family religion. When Roswell’s son Stephen later farmed the family's land outside of Coon Rapids, he continued using terraces, seeded waterways and headlands, and he became an early adopter of no-till practices. He refused to break up the soil in spring and fall, blocking erosion and building organic matter in the ground.

The First Secretary

By the mid-1950s, Roswell Garst was still hawking corn seed, and he had his eyes on a potential new market, the Soviet Union. At the same time, Soviet leader Nikita Khrushchev was gazing longingly at Iowa, proclaiming that the fatherland needed its own version of the Iowa Corn Belt. Khrushchev was desperate for a homegrown bounty of meat, milk, and eggs for his people. The editor of the Des Moines Register read that comment and published a letter to Khrushchev, inviting him to Iowa to learn how they grew food in the Hawkeye State. In 1959, the Soviet premier arrived for a US tour. Along the way, he ventured with his wife to Roswell Garst’s farmhouse, followed by a gaggle of journalists. Roswell had two motives for the visit. First, to make money. Second, to throw a small amount of deicer on Cold War tensions by helping Khrushchev feed his nation. Roswell believed that hungry people were dangerous people, and that the Soviets wouldn’t be good global neighbors until their bellies were full. “I think from our own selfish interests,” Roswell Garst subsequently wrote, “we cannot afford to have one-third of the world possess the atomic bomb and the hydrogen bomb and nothing else — and to be hungry at the same time. That’s too great a temptation.” Under a circus tent in the backyard, the men feasted on fried chicken. In the nearby corn rows, they talked farming. The two realized they had much in common. They each saw themselves as peasants. They each appreciated fertile soil. They liked each other. Liz Garst, then 8, still speaks fondly of that unlikely bond and the warmth of the moment. “I remember sitting on Mrs. Khrushchev’s lap and liking her. She smelled good and didn’t hold me too tight. It was a great day,” she recalls.

Seed Sales

And in the end, her grandfather did sell the Soviet leader some of his seed corn. In 2004, when Liz’s father died, Liz took over the family's farmland. Soon, the family sold or gave away thousands of acres of their land near Coon Rapids. Some of it — including Roswell’s old farm — remains a preserved stretch of ­pasture, prairies, timber, and oak ­savannas in the Middle Raccoon River Valley. Those 4,200 acres were donated to Whiterock Conservancy, a nonprofit land trust created by the Garsts and controlled by a board of directors. Appraised at more than $13 million when gifted, that bequest represents one of the largest land gifts in Iowa history. To this day, a portion of those acres continues to be farmed using no-till practices and cover crops. “It is,” Liz Garst says, “simply beautiful.” But, she adds, other acres sold that year by the family didn’t fare as well. On those parcels, pasturelands were ripped up and turned into traditionally tilled row crops. Waterways and terraces were torn out. The ensuing disappointment became the major impetus for attaching the soil conservation easement to the tracts sold on August 17. Whiterock Conservancy will enforce the easement rules in perpetuity, sending out a representative at least twice a year to monitor compliance. “In the past, it was hard to see our beloved land abused,” Liz Garst says. “We’ve invested a lot in protecting these farms and making them better. On the other hand, we’re requiring things that will make any landowner more money.” Why sell the tracts now? As Liz Garst explains, she just turned 70, and no other family members are ready to take the business reins. She also foresees electric cars and artificial meats cutting into the market value of farm acres. But her deep affection for the land continues to fuel who she is. The oldest of six siblings, she was especially close to her farmer father. She began working the same soil at age 8, herding cattle on horseback, mowing the fields, and rogueing the corn. She has explored many more of the place’s nooks during hikes, hunts, and family picnics. The Garsts still own 1,200 acres. (Liz farms 80 of those.) Eventually, all will be gifted to Whiterock. ]]> 17897 0 0 0 Hybrid corn. Nitrogen fertilizer. Terracing. Cover crops. Prairie strips. Garst Farms was an early adopter of each of these revolutionary farming practices. Recently, these Iowans debuted another innovation: a soil conservation easement that betters the land while bettering their farms’ bottom lines.

]]> It\u2019s an idyllic swath of Western Iowa, a patchwork of lush farmland, hillside terraces, grassed waterways, and trees favored by Monarch butterflies. Here, a maverick seed salesman once fed the roots of modern American farming, then fed lunch to visiting Soviet leader Nikita Khrushchev. And here, the first sprouts of a new ag revolution may offer a hopeful blueprint to save the tired soil \u2013 and perhaps even the planet. A touch dramatic? A bit overblown? Well, withhold that judgment for a quick second and take a close look at the recent sale of those same acres.<\/p>

At a live auction on August 17 at the Raccoon River Social Club, local farmers bid against one another as they vied for eight tracts of Garst family farmland totaling 1,998 acres outside Coon Rapids, a small town where the Garsts have been raising corn and soybeans for nearly a century. Altogether, the parcels fetched $19.3 million, or $11,461 per tillable acre.\u00a0<\/span><\/span><\/p>

The <\/span>Des Moines Register <\/i><\/span>described the final sales totals as \u201chefty.\u201d The listing agent called it \u201cexceptional.\u201d The Garsts said simply: \u201cWe\u2019re grateful.\u201d<\/span><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"deae741","display_condition_date":"23-09-2022","display_condition_date_range":"23-09-2022 to 25-09-2022","display_condition_advanced_date":"23-09-2022"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false},{"id":"4d37ed23","elType":"section","settings":{"padding":{"unit":"px","top":"20","right":"0","bottom":"0","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"595f2a3","display_condition_date":"23-09-2022","display_condition_date_range":"23-09-2022 to 25-09-2022","display_condition_advanced_date":"23-09-2022"}]},"elements":[{"id":"45dd095","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":5,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"20","right":"20","bottom":"10","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8","display_condition_date":"23-09-2022","display_condition_date_range":"23-09-2022 to 25-09-2022","display_condition_advanced_date":"23-09-2022"}]},"elements":[{"id":"1ff8eb1e","elType":"widget","settings":{"editor":"QUOTABLE","align":"center","text_color":"#474747","typography_typography":"custom","typography_font_family":"Source Sans Pro","typography_font_size":{"unit":"px","size":14,"sizes":[]},"typography_font_weight":"bold","typography_letter_spacing":{"unit":"px","size":0.8,"sizes":[]},"_css_classes":"quote-heading","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"ef17425","display_condition_date":"23-09-2022","display_condition_date_range":"23-09-2022 to 25-09-2022","display_condition_advanced_date":"23-09-2022"}],"_background_background":"classic","_background_color":"#FFFFFF"},"elements":[],"widgetType":"text-editor"},{"id":"23846cf2","elType":"widget","settings":{"editor":"\u201cBuy land. They're not making it anymore.\u201d","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Source Sans Pro","typography_font_size":{"unit":"px","size":18,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c","display_condition_date":"23-09-2022","display_condition_date_range":"23-09-2022 to 25-09-2022","display_condition_advanced_date":"23-09-2022"}]},"elements":[],"widgetType":"text-editor"},{"id":"44681893","elType":"widget","settings":{"editor":"-Mark Twain","align":"center","text_color":"#595959","typography_typography":"custom","typography_font_family":"Source Sans Pro","typography_font_size":{"unit":"px","size":18,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"ff3d9dd","display_condition_date":"23-09-2022","display_condition_date_range":"23-09-2022 to 25-09-2022","display_condition_advanced_date":"23-09-2022"}]},"elements":[],"widgetType":"text-editor"},{"id":"833cb94","elType":"widget","settings":{"view":"inline","icon_list":[{"_id":"23acbd2","text":"","selected_icon":{"value":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/04\/share-icon.svg","id":18554},"library":"svg"},"__dynamic__":{"text":"[elementor-tag id=\"b8a3e5c\" name=\"shortcode\" settings=\"%7B%22shortcode%22%3A%22%5Baddtoany%5D%22%7D\"]"}}],"text_color":"#6C6C6C","icon_typography_typography":"custom","icon_typography_font_family":"Source Sans Pro","icon_typography_font_size":{"unit":"px","size":15,"sizes":[]},"icon_typography_font_weight":"500","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"272ada8","display_condition_date":"23-09-2022","display_condition_date_range":"23-09-2022 to 25-09-2022","display_condition_advanced_date":"23-09-2022"}],"icon_self_align":"right","divider":"yes","divider_height":{"unit":"px","size":18,"sizes":[]},"divider_color":"#676767","_css_classes":"post-meta-custom quote-box","icon_align":"center"},"elements":[],"widgetType":"icon-list"}],"isInner":false}],"isInner":false},{"id":"002acfb","elType":"section","settings":{"margin":{"unit":"px","top":"50","right":0,"bottom":"0","left":0,"isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd7e2d2","display_condition_date":"23-09-2022","display_condition_date_range":"23-09-2022 to 25-09-2022","display_condition_advanced_date":"23-09-2022"}],"_element_id":"section_content"},"elements":[{"id":"4559ea9","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bdcaddd","display_condition_date":"23-09-2022","display_condition_date_range":"23-09-2022 to 25-09-2022","display_condition_advanced_date":"23-09-2022"}]},"elements":[{"id":"c810af6","elType":"widget","settings":{"editor":"

But here\u2019s the catch: Despite a scorching hot market for farmland across the Midwest, nobody knew how the sale of those prized plots would go. <\/span><\/p>

\u201cGoing into the sale, that was the million-dollar question,\u201d says Steve Bruere, president of Peoples Company<\/strong><\/a>, which marketed and auctioned the farms in conjunction with Community Insurance Agency of Coon Rapids. <\/span><\/p>

First-of-a-Kind Soil Conservation Easement<\/h2>

That\u2019s because all 1,998 acres that belonged to the Garsts were protected by a soil conservation easement, a first-of-its-kind stipulation that permanently governs how that land must be farmed \u2013 and how it cannot. <\/span><\/p>

In short, existing terraces, headlands, waterways, and riparian buffers must stay as-is, tillage is prohibited, and roots must continually remain in the ground. Those measures, installed years ago on the Garst family land, fortify the nutrient-rich topsoil, and prevent the kind of erosion that conventional farming practices have inflicted across the Heartland. <\/span><\/p>

The Corn Belt alone has lost one-third of its topsoil due to erosion, harming water quality, stripping carbon from the fields, slashing corn and soybean yields by 6 percent, and cutting farmers\u2019 profits by $3 billion a year, according to a new study<\/a> recently released by the National Academy of Sciences.<\/span><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"63efa96","display_condition_date":"23-09-2022","display_condition_date_range":"23-09-2022 to 25-09-2022","display_condition_advanced_date":"23-09-2022"}]},"elements":[],"widgetType":"text-editor"},{"id":"407e45d","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/02\/Garst-Farms-Rows-scaled-1.jpg","id":17987,"alt":"Garst Farms Rows","source":"library"},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"a05a58e","display_condition_date":"23-09-2022","display_condition_date_range":"23-09-2022 to 25-09-2022","display_condition_advanced_date":"23-09-2022"}]},"elements":[],"widgetType":"image"},{"id":"22adda7","elType":"widget","settings":{"editor":"

\u201cIn my book, soil erosion is everything because you can\u2019t come back from that,\u201d says Liz Garst, the family\u2019s business manager. \u201cIt took 10,000 years to build the topsoil we used to have. Once it\u2019s gone, in any meaningful sense, it\u2019s gone.<\/span><\/p>\n

\u201cWe decided, with the sale of this land, we wanted to make sure our work is protected, and we wanted to send a message to Iowa farmers that they can do better,\u201d Garst adds. <\/span><\/p>\n

Five nearby farmers bought into that message by buying the tracts, Bruere says. He estimates that even with the restrictions attached, the parcels sold at a mere 10 to 15 percent market discount. <\/span><\/p>\n

One of those farmers, Karl Eischeid, bought a 240-acre tract, paying $11,000 per acre. Since the early 1990s, he\u2019s owned farmland adjacent to that tract, which is sharecropped by a farm operator and his two sons. Eischeid was drawn to the parcel\u2019s proximity, the soil\u2019s high productivity score \u2014 it earned a Corn Suitability Rating<\/a> of 88 out of 100 \u2014 and to the Garsts\u2019 long view for safeguarding the land. <\/span><\/p>\n

\u201cThe Garst family took a chance on putting the easement practices in place, knowing that this could lower the value of the auction,\u201d Eischeid says. \u201cHowever, they placed a higher value on their perception of conservation and what we leave behind for our future generations.\u201d <\/span><\/p>\n

Here\u2019s the thing, though: The Garsts aren\u2019t simply compelling the new owners to do right by the land. The family knows that true stewardship brings better agricultural output. Their yield increases have consistently beaten county averages. Protecting the soil has been profitable. <\/span><\/p>\n

Liz Garst, herself a plainspoken farmer with Harvard and Stanford degrees, is quite sure the easement offered buyers a clear model to reap that same success. <\/span><\/p>\n

\u201cWe\u2019re not just altruistic,\u201d she says. \u201cA smart way to make money is to take care of soil.\u201d<\/span><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"76189b1","display_condition_date":"23-09-2022","display_condition_date_range":"23-09-2022 to 25-09-2022","display_condition_advanced_date":"23-09-2022"}]},"elements":[],"widgetType":"text-editor"},{"id":"afcc083","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/02\/Khrushchev-Garst-scaled-1.jpg","id":17990,"alt":"First Secretary of the CPSU Central Committee Nikita Khrushchev 1894 1971 left and American farmer Roswell Garst right","source":"library"},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"a05a58e","display_condition_date":"23-09-2022","display_condition_date_range":"23-09-2022 to 25-09-2022","display_condition_advanced_date":"23-09-2022"}]},"elements":[],"widgetType":"image"},{"id":"32e79e3","elType":"widget","settings":{"editor":"

Yes, the conservationists are most definitely capitalists. They\u2019ve been that way since the day Garst invited the Khrushchevs to travel from Moscow to Coon Rapids to enjoy a farm lunch of fried chicken, stuffed tomatoes, and apple pie. And, just maybe, to buy a whole lot of his hybrid corn seed.<\/span><\/p>

The Innovator<\/h2>

The patriarch<\/span> \u2014 Roswell \"Bob\" Garst<\/strong><\/a> \u2014 was chock full of wild ideas. Wild for the times, anyway, yet notions that eventually would help transform how America farms. <\/span><\/p>

Before all that, Garst was selling real estate in Des Moines when the Great Depression leveled the country in 1929. He quickly teamed up with Henry Wallace, a fellow big-thinking businessman from Iowa. <\/span><\/p>

For several years, Wallace had been producing and selling a high-yielding hybrid corn seed he named Copper Cross. Wallace, who later would become President Franklin Roosevelt\u2019s secretary of agriculture and his second vice president, had learned the science of hybrids from George Washington Carver. <\/span><\/p>

As the Depression deepened, Garst returned to his hometown of Coon Rapids and began selling Wallace\u2019s hybrid seeds throughout Western Iowa. In 1931, he cofounded his own venture, the Garst and Thomas Hybrid Seed Corn Company. <\/span><\/p>

\u201cHybrids were the magic change agents,\u201d his granddaughter Liz Garst says. \u201cBefore then, you saved your own seeds, the only fertilizer was manure from your own farm animals, and the only power came from your own draft animals.\u201d<\/span><\/p>

Hybrid corn grows faster, is more disease resistant, and produces higher yields. In 1933, just 1 percent of Iowa farmland was planted with hybrid seed. By 1943, almost all the fields were hybrid. Roswell Garst had helped spread the gospel of hybrids to farmers across the Midwest. He also got rich selling his seeds.<\/span><\/p>

He began buying dying farms and reviving them by restoring the soil. He graded the ditches, seeded the waterways, and converted some land back to pasture. He raised calves and cows by feeding them corn cobs and stalks. He championed nitrogen fertilizer and mechanization to plant and harvest his crops. His conservation boosted the yields \u2014 and it ultimately became a family religion. <\/span><\/p>

When Roswell\u2019s son Stephen later farmed the family's land outside of Coon Rapids, he continued using terraces, seeded waterways and headlands, and he became an early adopter of no-till practices. He refused to break up the soil in spring and fall, blocking erosion and building organic matter in the ground.<\/span><\/p>

The First Secretary<\/h2>

By the mid-1950s, Roswell Garst was still hawking corn seed, and he had his eyes on a potential new market, the Soviet Union. At the same time, Soviet leader Nikita Khrushchev was gazing longingly at Iowa, proclaiming that the fatherland needed its own version of the Iowa Corn Belt. Khrushchev was desperate for a homegrown bounty of meat, milk, and eggs for his people. <\/span><\/p>

The editor of the <\/span>Des Moines Register <\/i><\/span>read that comment and published a letter to Khrushchev, inviting him to Iowa to learn how they grew food in the Hawkeye State. In 1959, the Soviet premier arrived for a US tour. Along the way, he ventured with his wife to Roswell Garst\u2019s farmhouse, followed by a gaggle of journalists. <\/span><\/p>

Roswell had two motives for the visit. First, to make money. Second, to throw a small amount of deicer on Cold War tensions by helping Khrushchev feed his nation. Roswell believed that hungry people were dangerous people, and that the Soviets wouldn\u2019t be good global neighbors until their bellies were full. <\/span><\/p>

\u201cI think from our own selfish interests,\u201d Roswell Garst subsequently wrote, \u201cwe cannot afford to have one-third of the world possess the atomic bomb and the hydrogen bomb and nothing else \u2014 and to be hungry at the same time. That\u2019s too great a temptation.\u201d<\/span><\/p>

Under a circus tent in the backyard, the men feasted on fried chicken. In the nearby corn rows, they talked farming. The two realized they had much in common. They each saw themselves as peasants. They each appreciated fertile soil. They liked each other. <\/span><\/p>

Liz Garst, then 8, still speaks fondly of that unlikely bond and the warmth of the moment. \u201cI remember sitting on Mrs. Khrushchev\u2019s lap and liking her. She smelled good and didn\u2019t hold me too tight. It was a great day,\u201d she recalls. <\/span><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"3a3b6c9","display_condition_date":"23-09-2022","display_condition_date_range":"23-09-2022 to 25-09-2022","display_condition_advanced_date":"23-09-2022"}]},"elements":[],"widgetType":"text-editor"},{"id":"d57254e","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/02\/Khrushchev-Feed-Mill.jpg","id":17986,"alt":"Khrushchev + Feed Mill","source":"library"},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d0af247","display_condition_date":"23-09-2022","display_condition_date_range":"23-09-2022 to 25-09-2022","display_condition_advanced_date":"23-09-2022"}]},"elements":[],"widgetType":"image"},{"id":"5ac163d","elType":"widget","settings":{"editor":"

Seed Sales<\/h2>

And in the end, her grandfather did sell the Soviet leader some of his seed corn. <\/span><\/p>

In 2004, <\/span>when Liz\u2019s father died, Liz took over the family's farmland. Soon, the family sold or gave away thousands of acres of their land near Coon Rapids. <\/span><\/p>

Some of it \u2014 including Roswell\u2019s old farm \u2014 remains a preserved stretch of \u00adpasture, prairies, timber, and oak \u00adsavannas in the Middle Raccoon River Valley. Those 4,200 acres were donated to Whiterock Conservancy, a nonprofit land trust created by the Garsts and controlled by a board of directors. <\/span><\/p>

Appraised at more than $13 million when gifted, that bequest represents one of the largest land gifts in Iowa history. To this day, a portion of those acres continues to be farmed using no-till practices and cover crops. <\/span><\/p>

\u201cIt is,\u201d Liz Garst says, \u201csimply beautiful.\u201d<\/span><\/p>

But, she adds, other acres sold that year by the family didn\u2019t fare as well.<\/span><\/p>

On those parcels, pasturelands were ripped up and turned into traditionally tilled row crops. Waterways and terraces were torn out.<\/span><\/p>

The ensuing disappointment became the major impetus for attaching the soil conservation easement to the tracts sold on August 17. Whiterock Conservancy will enforce the easement rules in perpetuity, sending out a representative at least twice a year to monitor compliance. <\/span><\/p>

\u201cIn the past, it was hard to see our beloved land abused,\u201d Liz Garst says. \u201cWe\u2019ve invested a lot in protecting these farms and making them better. On the other hand, we\u2019re requiring things that will make any landowner more money.\u201d <\/span><\/p>

Why sell the tracts now? As Liz Garst explains, she just turned 70, and no other family members are ready to take the business reins. She also foresees electric cars and artificial meats cutting into the market value of farm acres. <\/span><\/p>

But her deep affection for the land continues to fuel who she is. The oldest of six siblings, she was especially close to her farmer father. She began working the same soil at age 8, herding cattle on horseback, mowing the fields, and rogueing the corn. She has explored many more of the place\u2019s nooks during hikes, hunts, and family picnics. The Garsts still own 1,200 acres. (Liz farms 80 of those.) Eventually, all will be gifted to Whiterock. <\/span><\/span><\/span><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"880de14","display_condition_date":"23-09-2022","display_condition_date_range":"23-09-2022 to 25-09-2022","display_condition_advanced_date":"23-09-2022"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2021/10/victory-ranch/ Fri, 15 Oct 2021 07:00:56 +0000 https://landreport.com/?p=17898 This outdoor mecca with its own 3,500-acre backcountry conservancy goes full throttle in the Uinta Mountains outside Park City.[/caption] By Corinne Gaffner Garcia

“Fate pulls you in different directions,” Clint Eastwood once said, referring to the unexpected twists and turns that have shaped his life. Most of us have experienced that “pull,” an out-of-the-blue moment when something steers you in a direction you never anticipated.

For Chip and Jennifer Watson, this happened on a vacation to Park City, Utah. Surrounded by world-class ski resorts and millions of acres of national forests, this active mountain town was a far cry from their Vero Beach home.

With a long list of outdoor pursuits, it offered a complete contrast to Florida, a key for this active couple. Chip hunts and fly fishes. Jennifer hikes every chance she gets. “We started thinking about buying a second home in the area,” Chip says. “Then, by coincidence, one of Jennifer’s friends called and said she had a place that we had to check out.” That friend, Caren McClelland, attended college with Jennifer at the University of Florida before moving to Utah to teach. Then she became an agent with Summit Sotheby’s International Realty. Caren recommended Victory Ranch wholeheartedly. It was a unique opportunity, she explained, and Caren knew the Watsons would be a perfect fit. Set on 6,250 acres at the base of the Uinta Mountains some 15 miles from Park City, Victory Ranch encompasses a four-mile stretch of the Upper Provo River as well as thousands of acres of backcountry terrain crisscrossed by 20 miles of trails for hiking and biking. Amenities range from restaurants, swimming pools, and a spa-and-workout facility to an 18-hole Rees Jones-designed course and a Five Stand shooting platform. Best of all, a preservation-minded approach resonates throughout. It is an attitude that gives Victory Ranch a more casual tone than many high-end developments. The members love to play in the great outdoors. [caption id="attachment_18184" align="alignright" width="300"] LIVING LARGE
The terrain at Victory Ranch varies from Provo River frontage to alpine meadows.[/caption] Still, the Watsons were resistant. “We really thought we wanted to be closer to Park City for the restaurants, the mountain in the winter, and the downtown,” Chip says. “But Caren kept after us, and finally — almost grudgingly — we went to look at Victory Ranch.” On their tour, Chip met with one of the outfitters and learned more about the Upper Provo River, which flows through the ranch from its headwaters in the Uintas. It’s a pristine, trout-filled fishery that is carefully managed by a team of skilled guides. He also learned about the guided upland bird hunting, led by Harley Jackson, host of ESPN’s American Gun Dog, and the big game hunting on public lands. “When we were done,” Chip recalls, “my wife and I looked at each other and said, ‘We have to be part of this.’” “Fun” might not seem like the right word to use when describing a high-end residential community that’s made up of well-educated, affluent owners from across the country. But that’s the word nearly every person I talked to during my visit — developers, residents, staff members, and outfitters — used to describe the vibe that permeates every aspect of Victory Ranch. Flip-flops are ubiquitous, and, unlike more typical venues, there’s no dress code for dinner. If you show up at the Freestone Lodge in waders, no one gives you a second glance. “It’s super casual,” Chip says. “In South Florida, many of the clubs have restrictive dress codes. When I first walked into the Freestone Lodge, I noticed the bartenders had on baseball hats and jeans, and there were kids running around. For me, that held tremendous appeal.” This relaxed environment didn’t just evolve on its own. It was very intentional. “Victory Ranch is for people of means, but ones who are laid-back and don’t care about material items as much as they care about having fun,” says Sterling Bay principal Matt Menna, who also happens to be a Victory Ranch homeowner. In 2012, Sterling Bay acquired the partially built-out project for $30.8 million. According to reporting by Maura Webber Sadovi in The Wall Street Journal, the acquisition cost was “less than one-third of what the original developer had invested.” “At the time, we had become known as thought leaders for amenitizing commercial real estate,” says Menna. “We loved the land, and it was a great opportunity for us to think about how a residential development would be used. We started thinking about what we all like.” The Chicago-based developer specializes in creating urban campuses for top-tier clients such as McDonald’s, Starbucks, and Google. But this enormous swath of rugged outdoors was different. It was personal. During the initial deep dive, a surprising number of Sterling Bay partners and employees expressed an interest in buying some dirt or even a home. The company actually purchased for its own use two of the six residences that had previously been built. It turns out that in creating a master plan for Victory Ranch, the Sterling Bay team was in fact creating a destination for themselves. [caption id="attachment_18183" align="alignleft" width="300"] TRIPLE PLAY
The Rees Jones course overlooks the Jordanelle Reservoir all the way up to Deer Valley.[/caption] One of the company’s most consequential decisions was to designate more than 60 percent of the total acreage as the Victory Ranch Conservancy, a 501(c)3 nonprofit dedicated to managing the habitat and natural resources of this getaway at the base of the Uintas. These 3,500 acres of backcountry terrain became the foundation of an aggressive stewardship plan for preserving and restoring the natural diversity of the ecosystem. In total, the Sterling Bay team spent a full year updating the master plan. The new version completely altered the build-out on the 2,750 acres not included in Victory Ranch Conservancy. “We spent a significant amount of time figuring out how all types of people might enjoy it,” Menna says. “The amenities we settled on were built around the idea that this was a family-centric concept.” While researching other residential clubs in the Park City area, the team realized that “not many have the acreage, not many have the river, and all were higher density,” says Menna. “So we decided to collapse the number of lots and create a bigger lot program.” The Sterling Bay master plan scaled back the residential component by more than 50 percent from the 700-plus originally approved homes to 350. It set maximum square footage limits. A wider range of membership options was created. Acreage choices for custom homes ranged from a single acre to 180; five different developer models were approved. The Residence Club, which allows members to purchase a one-eighth interest in a home with a guaranteed six weeks per year, was greenlighted. There was even an opportunity for those who wanted to purchase land to be developed down the road. As Caren McClelland explained to the Watsons, Victory Ranch is not for just anyone. It definitely weeds out those looking for a more formal feel. “Early on we spent time vetting owners, and now there’s a great nucleus of people who draw like-minded owners,” Menna says. The Watsons initially dipped their toes in by starting with a fractional ownership purchase. They also bought a homesite with the future in mind. “There were many options,” Chip says. “We bought a lot with the idea that we’d build a home after the kids were out of high school. Then we got impatient.” They’re currently having a cabin built, and since bringing friends to visit, three other Vero Beach families have bought, too. [caption id="attachment_18182" align="alignright" width="300"] HIGH ADVENTURE
The great outdoors is an integral aspect of the Victory Ranch experience.[/caption] Instead of a who’s-who atmosphere, Victory Ranch is more of a what-did-you-get-into-today kind of place. Residents and staff often become good friends, and a number of events throughout the year are designed purely for fun. They allow members simply to connect. This fall, Chip participated in the Swing & Sting, a two-day competition that calls for teams of four to golf on day one and then shoot and fish the second day. “A couple years ago, I remember walking through the oak and aspen trees in the fall with the leaves in full color, and thinking about how lucky I am to be out here, to hunt and fish here, and to spend time here with my family,” he says. Among members and outfitters, there’s a shared respect for the environment and outdoor adventures of all types and all levels. No one’s trying to prove themselves on a mountain bike or skis. They’re simply here to have fun, to absorb the serenity that comes along with the picturesque views and fresh mountain air, and to truly unwind from their hectic everyday lives. “I can’t tell you how proud our company is of Victory Ranch,” Menna says. “It’s a cherished asset, and I cherish the time we spend there as a family.”]]> 17898 0 0 0 https://landreport.com/2021/10/sold-climbing-arrow-ranch/ Fri, 15 Oct 2021 07:00:32 +0000 https://landreport.com/?p=17899 A RIVER RUNS THROUGH IT
The big-screen adaptation of Norman Maclean’s novella was filmed on the Climbing Arrow Ranch.[/caption]

As a 5-year-old, Cody Wetmore remembers looking down off the towering railroad trestle on the Climbing Arrow Ranch and watching a black bear amble in Sixteenmile Creek, a Missouri River tributary. Buck Anderson, who accumulated close to 80,000 acres less than an hour north of Bozeman, had taken the Wetmore family on a tour of the property, stopping at the sites that Robert Redford used while directing his Academy award-­winning 1992 film, A River Runs Through It.

In the ensuing years, Wetmore and his father hunted and fished on the Climbing Arrow Ranch, which he describes as having some of the finest trout fishing in the Northern Rockies. A tremendous elk herd with world-class magnum bulls also calls the CA home. Each year, approximately 30 are harvested on the ranch, according to Wetmore. “To maintain that kind of trophy quality while harvesting that many animals is remarkable,” he says.

Wetmore’s incomparable knowledge of this historic Montana property became a critical factor in its lightning-fast sale in May. At the time, Wetmore had been on the job at the Bozeman outpost of Premier Land Company only a few weeks. That’s when his colleagues Bryan Anderson and Bryce Connery told him that the three heirs of the late Buck and Marcia Anderson were thinking about selling the great ranch.

Pillars of the Bozeman community, the Andersons purchased the property in 1959. Made up of five noncontiguous parcels, the Climbing Arrow includes portions of Broadwater, Gallatin, Madison, and Meagher Counties. Also included were 2,000 head of Black Angus cattle along with a 1,000-permit feedlot, barns, corrals, shops, homes, and recreational amenities. 

In January, the heirs contacted Mike Swan of Swan Land Company knowing that he shepherded the sale of Montana’s Broken O Ranch near Augusta to Stan Kroenke, who ranked fifth on the 2020 Land Report 100 with 1,627,500 acres. Not only did that sale earn 2012 Deal of the Year honors from The Land Report, but the $132.5 million listing was the highest ever in Montana history until an unnamed buyer closed on the Climbing Arrow on September 1.

[caption id="attachment_18193" align="alignleft" width="300"] FIVE UNITS IN FOUR COUNTIES
The Climbing Arrow’s 79,582 acres include 73,180 deeded and 6,402 leased acres.[/caption]

“There was no pressure to sell. It was just time,” said Swan, who worked “eight days a week” for months with the Andersons not only to identify their goals and objectives but also to organize the information on an asset of such tremendous size. A considerable portion of acreage had not changed hands in 62 years.

“The Climbing Arrow Ranch really feels more like a national park than anything else. No city lights. No traffic for miles. No cell service,” says the founder and owner of Swan Land Company. The property, he notes, also includes petroglyphs and tipi rings created by members of the Crow and Blackfeet Nations as well as vestiges of the Milwaukee Railroad, which operated from 1906 to 1980.

“The north fork of the Sixteenmile Creek that comes through what’s called the Francis Unit has been witnessed by only a handful of people ever,” Swan says. “It takes your breath away.”

“When you think about the Francis Unit – 60,000 contiguous acres that’s almost 100 percent deeded acreage – you couldn’t draw it up any better from a recreational perspective with the creek flowing through the exact center of the property,” says Connery, who represented the buyer. 

After exploring the property from both the air and the ground, Connery believes it could take decades to truly see the whole thing. 

“It’s vast not only in size but also in its topography,” he says. The ranch’s terrain ranges from canyons and valleys to farmland and pastures. Some 3.5 miles of the Madison River’s pristine waters nurture German browns, cutthroat, and rainbow trout. 

Connery had helped the buyers purchase another Montana ranch and reached out to them upon hearing that Climbing Arrow would hit the market.

“The family really fell in love with not just the ranch itself but the history of the property,” Connery says. “If it had recently changed hands or had a bunch of highly improved buildings on it, I don’t know if they would have looked at it in the same way.”

The history that travels through the ranch includes an old train lodge and tunnels as well as an early 20th century barn that measures 140 feet long by 50 feet wide on the Francis Unit.

“They are going to bring the barn back to life and maintain the authentic feel of the place,” Connery said. “This is a couple that loves the American West and loves the fact that most of the CA looks the same as it probably did a couple of hundred years ago.”

[caption id="attachment_18192" align="alignright" width="300"] EXTENSIVE WATER RIGHTS
Some of the Climbing Arrow's water rights predate Montana statehood.[/caption]

Bryan Anderson (no relation to the sellers) describes the buyers as a family whose “goal is to own some of the best land in Montana.” The broker believes the Climbing Arrow’s proximity to Bozeman, one of the fastest growing small cities in the US according to the 2020 Census, also helped generate interest.

Swan began fielding offers almost immediately after the listing went live. Both brokerages credited a May 4 story in the Wall Street Journal with enticing would-be buyers. Nondisclosure agreements prevent anyone associated with the deal from providing other details, but they will confirm that the Climbing Arrow sold within days near its $136.25 million asking price.

“Doing this transaction with Premier was a lot of fun,” Swan adds. “They’re a young, emerging company doing a lot of good things, and everything went very smoothly, including the work with the attorneys, which is something that doesn’t necessarily happen.”

“This was definitely a team effort,” says Premier’s Anderson. “From our perspective it felt like the perfect storm with Bryce having a relationship with the buyer and Cody knowing the CA as well as he does.”

Swan says the Anderson family, which still owns acreage near Bozeman, agreed to help with the fall gathering of the cattle off the summer pastures. Legendary cattle drives on the Climbing Arrow feature cowboys on horseback in the company of cow dogs.

Through their representatives at Premier, the buyers have reassured the community that they have no plans to subdivide or alter the beloved ranch. 

“They are excited to be the next steward of this incredible, iconic landscape,” Connery says. “This is a piece of property that you just cannot replicate.”

]]> 17899 0 0 0 https://landreport.com/2021/12/land-report-december-2021-newsletter/ Tue, 14 Dec 2021 07:00:22 +0000 https://landreport.com/?p=17943 Finishing strong! That's the takeaway from our December newsletter, which leads off with the largest ranch sale in Montana history:

• Rupert Murdoch acquires the 339,285-acre Beaverhead Ranch
• The Dean Witter Ranch sells to the Wildlands Conservancy
• Farmland Partners acquires Murray Wise Associates

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17943 0 0 0 https://landreport.com/2022/01/the-land-report-winter-2021/ Wed, 05 Jan 2022 07:00:04 +0000 https://landreport.com/?p=17950 Our Winter 2021 Issue features the debut of the Land Report 100 sponsored by Hayden Outdoors. Among the leading stories from this year's report are:

• New No. 1: California's Emmersons acquired Seneca Jones Timber 175,000 acres and became the nation's largest private landowner with 2.33 million acres.
• New Land Report 100ers: Including California's Walker Heirs (284,000 acres), Alabama's Gene Taylor (225,000 acres), and Alabama's Scotch Lumber Families (190,000 acres).
• In-Depth Reporting: Take a tour of Florida Crystals' sustainable farming operations.

For up-to-the-minute reports on breaking news, follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17950 0 0 0 https://landreport.com/2022/01/land-report-january-2022-newsletter/ Sat, 15 Jan 2022 07:00:32 +0000 https://landreport.com/?p=17961 Key stories in our January newsletter include:

• AcreTrader raises $40 million in Series B funding
• Florida's Green Island Ranch sells for $150 million
• Corps of Engineers to invest $1 billion in Everglades

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17961 0 0 0 https://landreport.com/2022/02/red-emmerson-becomes-americas-largest-landowner/ Tue, 15 Feb 2022 00:00:30 +0000 https://landreport.com/?p=17966 Red Emmerson grew up in a broken home. He’s the first to admit that he wasn’t a diligent student. In high school, he was sent to a strict boarding school in Eastern Washington. A few months before graduation, Red was on his own. He had been expelled. His father lived in California and his mother in the Alaska Territory. So he hired on as a hand at a ranch owned by Sam Smith, a Native American. Sam nicknamed him Red. The following year, he graduated from Omak High School. College was definitely not an option. At 19, all he had was a keen mind, an eye for opportunity, and a limitless capacity for hard work. Turns out that’s all he needed.

LONGEVITY. So how did that 19-year-old end up becoming America’s largest landowner? Let’s start with the low-hanging fruit. When Red went to work at Arcata Timber Products, Harry ­Truman was president. Do you know anyone whose career has lasted 40 years? Sixty years? Now think about someone who has 72 years under his belt. That, in itself, is amazing, especially given that he chose the same line of work that his father had pursued with checkered success.

Curly Emmerson couldn’t buy a break. In the 1920s and 1930s, the Northwest teemed with jerry-rigged sawmills, crude contraptions in logging camps and at railheads that sputtered to life and spewed diesel fumes and sawdust. Such was Curly’s lot. Most of his mills were woefully undercapitalized. The ones that actually made money burned to the ground. Twice. Finally, in 1947, the stars aligned. He and a partner built a high-production mill that came online just as a strike shut down their competitors in California’s redwood country. They sold that mill and some timberland for almost $1 million. 

As fate would have it, the buyers defaulted on the note, and the whole mess ended up in bankruptcy court.

Then Curly made the single smartest move of his career. In 1949, he invited his son to partner with him. Red agreed, and R.H. Emmerson and Son was born: Curly would buy the timber, and Red would run the mill. The knowledge he subsequently gained of the milling industry became the second pillar of Red’s success. 

There are hundreds of millions of acres of privately owned timberland in the US. Yet when lumber prices went through the roof this spring, most timberland owners didn’t make an extra dime. Why not?

Because Home Depot doesn’t sell ­timber. Builders don’t buy timber. Timber grows in a forest. Builders use lumber. Yet many believe the two are one and the same. (A similar misconception applies to today’s record-high beef prices. According to The New York Times, consumers paid 20 percent more for meat this month, yet ranchers see none of those gains.)

The point is, producers rarely profit from rising prices. Processors do. Sierra Pacific Industries (SPI) not only owns 2.3 million acres of timberland, but it mills timber, sells lumber, and markets value-added products such as windows, doors, and fences. It’s those 18 mills that turn timber into profits.

[caption id="attachment_17970" align="alignright" width="300"] The Sierra Pacific Foundation was founded by Red’s father, Curly, and is now run by his daughter, Carolyn Dietz (left). Her two brothers, George and Mark, have held leadership roles at Sierra Pacific for decades.[/caption]

PRODUCT KNOWLEDGE. In May 2021, lumber prices spiked to all-time highs. Few companies were poised to profit more than Sierra Pacific.

Red cringes at the thought.

“I didn’t like it,” he tells me. “Not one bit. Stable ­markets are the best markets, and that one was out of whack.” 

Wait a minute: Don’t you want to make hay while the sun shines? Not if you’re in it for the long haul. Let’s go back to the ­cornerstone of Red’s success: longevity. 

Now let’s incorporate another factor: his profound understanding of the forest products industry. Red Emmerson may not be the best forester or the best sawyer or a retail wizard, but it’s hard to imagine anyone who can go toe to toe with him on all three counts.

This trait can be traced back to 1949, when Curly invited Red to move to Arcata. At the time, there was a mothballed old mill along the banks of Jacoby Creek that Curly wanted to lease. Thanks to the deadbeats who had tied him up in bankruptcy court, he couldn’t get going right away. So Red took a job at Arcata Timber Products. He started on the green chain. Then he moved up to ratchet setter. After hiring on at Precision Lumber, he took on more responsibilities and got even more experience in lumber manufacturing. 

By the time Curly lined up a $10,000 loan to lease the Olson Mill, Red could saw, millwright, and keep a mill going. At 20, he possessed a talent far more valuable than any college degree. As long as Curly could find timber, Red could ­generate cash flow. It was a total game changer. In 1950, the Emmersons didn’t own a single acre. Yet they could profit from the millions of acres around them.

Red managed to keep the Olson Mill and, subsequently, his flagship Arcata Mill, running with scavenged parts, scrap metal, and an arc welder. Back then, R.H. Emmerson and Son couldn’t afford to buy brand-new parts. Eight decades later, the family’s multibillion-dollar enterprise still shuns brand-new. Instead, it builds many of its parts at the Fabrication Shop at the ­Anderson Mill. 

A state-of-the-art manufacturing facility, the Fab Shop employs dozens of engineers, electricians, machinists, and welders to create lumber manufacturing equipment for Sierra Pacific’s facilities. Vaughn Emmerson, one of Red’s grandsons, runs it. In his office, Vaughn shows me a schematic of a new stacker. Every one of the transfers is being built in-house. This ability — to build stackers, edgers, and other high-­dollar machinery in-house ­— saves SPI millions.

MINDSET. The first hint of Red’s rise to industry leader came at the tail end of the Korean War. The early 1950s were good to R.H. Emmerson and Son. They had partnered with Mike Crook, a ­successful lumber wholesaler who also operated in the Arcata market.

Although he owned a mill, selling lumber was big business for Crook. His Pacific Fir Sales needed more inventory, which is why he fronted Curly $10,000 to lease the mothballed Olson Mill. Crook not only got his principal back, but he also took a five percent commission on every board foot that left the Olson Mill.

The deal worked so well that when Crook and a partner fell out, he brought Curly and Red on board to run his mill. The timing couldn’t have been better. 

After a profitable run at the Olson Mill, the Emmersons’ lease had expired. Almost immediately, they pocketed an additional $25,000 running Crook’s mill. And after what must have seemed like an eternity,  the bankruptcy proceedings that had snarled the million-dollar sale of Curly’s earlier mill finally concluded. Flush with cash, R.H. Emmerson and Son broke ground on its own mill on the Samoa ­Peninsula. For the next 65 years, it would be the dynamo that powered the company.

Plenty of ups and downs followed, ­particularly after Red was drafted into the Marines during the Korean War. While his son was stationed at Camp ­Pendleton and subsequently deployed to Japan, Curly bought a ranch. Soon, he began spending more time at his new ranch than ­running their sawmill. When Red returned in 1954, however, he quickly set out to right the ship. Just as importantly, he insisted on running a second shift. Curly balked at the idea.

“My father was perfectly happy running a single shift. ‘We’re doing fine,’ he said. But I knew we could do better,” Red says.

More than any other factor, this never-ending desire to do better, to improve, to expand, to make more, and to spend less explains Red Emmerson’s unending rise. 

MOXIE. Throughout his career, Red has made one big bet after another. In hindsight, each made perfect sense. But in real time, at the moment, all of them must have seemed like climbing Everest.

The first time Red pushed his chips all in was in 1957. Georgia-Pacific had just acquired Hammond Lumber Company, and Owen Cheatham needed cash. Word got around that GP’s CEO was open to selling the timber rights to 100 ­million board feet along California’s Eel River.

The price was $1 million with $250,000 up front. To Red, that was “all the money in the world.”

“We just wanted a cutting contract. Not the land. It was the standing timber that we wanted to buy. I thought, ‘My God, if we ever get this paid off, we’ll have money forever,’” Red says. By then, the Emmersons had developed a relationship with their local Bank of America office, and it agreed to finance the down payment. 

After paying off the $250,000 ahead of schedule, Red asked for $500,000 to buy 5,400 acres of ­Douglas fir known as the Davis & Brede Tract. This time he got turned down. The half-million-dollar ­figure exceeded the local branch’s loan limit. Red was out of answers. But Curly wasn’t. He called a friend of his from Eureka, an accountant named George Hefter. After explaining their predicament, Hefter invited father and son to meet him in San Francisco.

That trip to the City by the Bay proved to be the most fateful meeting in the ­history of Sierra Pacific Industries.

Hefter escorted Curly and Red over to Frank Keene’s office at Bank of America’s Commodity Loan Department. As the department head, Keene could authorize far more than $500,000. Ten minutes later, the Emmersons walked out of Keene’s office with a commitment for the funds. As Humphrey Bogart’s character said at the end of Casablanca, it was the start of a beautiful friendship — for the Emmersons as well as for Bank of America.

In 1965, Weyerhaeuser decided to exit the California market. The Emmersons set their sights on two plants: one produced plywood and the other particleboard. Keene flew to Arcata from San Francisco, toured the assets, and gave them the green light on the entire $2.8 million price tag. True to form, the Emmersons not only paid off the $2.8 ­million note, but they did so two years ahead of schedule.

First $250,000. Then $500,000. Then $2.8 million. Was there any limit to Red’s growth plans? The $20 million he ended up borrowing from Bank of America in 1974 proved there was not.

In 1969, Red and John Crook, Mike’s son, formed a publicly traded company called Sierra Pacific Industries. The two were great partners. Red knew the forest products industry, and John was a polished Phi Delt from Berkeley who could work a board room. Each complemented the other’s strengths and weaknesses. Unfortunately, Red’s focus was milling and John’s vision was a venture that no one could quite grasp: a retailer that ­serviced the do-it-yourself market?

Crook was ahead of his time. In 1972, seven years before Home Depot debuted, SPI opened the first of three Answerman stores. They hemorrhaged red ink. Red couldn’t stand the idea of losing money. He wanted out. But buying out Crook and the public shareholders would cost $20 ­million he didn’t have. Is there any doubt in your mind what ­happened next? 

In 1974, Bank of America financed the privatization of Sierra Pacific Industries. 

[caption id="attachment_17971" align="alignleft" width="300"] Mark, Red, and George Emmerson at Sierra Pacific headquarters on the banks of the Sacramento River. Mark recently succeeded his brother as CEO. George now serves as chairman. Red continues as chairman emeritus and president emeritus.[/caption]

FOCUS. In its first 25 years, the Emmersons acquired 33,900 acres. Four years after going private, SPI acquired 87,000 acres and two mills from Publisher’s. A decade later, the Santa Fe Southern Pacific ­Corporation announced it was selling its Northern California timberlands. The legacy holdings from the transcontinental railroad era totaled 522,000 acres. At the time, SPI owned 121,900 acres.

“Our company had a book value of about $120 million at that time, and Bank of America gave us a half a billion dollars’ worth of credit,” Red says.

Keene’s successor, Tony Zanze, not only extended SPI a $500 million commitment, but after the largest one-day drop in the history of the Dow Jones Industrial Average — Black Monday — the bank didn’t flinch. 

Red flew to Chicago to submit SPI’s bid. He picked his price while riding the elevator to meet Santa Fe CEO Ron Krebs. When he stepped on the elevator, the figure in his mind was $425 million. When he stepped off, he had upped his bid by $40 million to $465 million.

“Oh, was it a hell of a bite,” Red says. Then again, “What would have happened if we defaulted?” he adds. “Trees would still be there.”

“It’s not like a mill that sits idle and requires maintenance,” says SPI CEO Mark Emmerson.

“Bank of America would have gotten most of its money and the funds from all the participating banks out sooner than later,” adds SPI Chairman George Emmerson. “It was a no-brainer.”

WASHINGTON. By the turn of the century, however, the unthinkable had happened:

“We had got to the point in California where there wasn’t opportunity to expand.  We owned almost 1.5 million acres, and we weren’t going to build another sawmill,” George says.

Then, a timberland manager at Rayonier named Grant Monroe contacted Red: Would SPI be interested in building a ­sawmill to handle Rayonier’s excess ­capacity in Southwest Washington?

The opportunity proved too good to pass up. To begin with, Washington was flush with timber. In the 1990s, a log export boom had stoked the market. But a spate of new regulations had changed the game. Existing mills couldn’t handle the increased capacity, and many hadn’t kept pace with advances in technology. Just as importantly, the Emmersons had all their eggs in one basket, and that basket was California, the most stringent regulatory environment in the nation. 

The companies entered into a 12-year supply agreement, and the Aberdeen Mill became the first of four that SPI operates in the state. These cash-flowing mills not only added to the bottom line; they facilitated the purchase of more than 300,000 acres of timberland in Washington.

OREGON. In 2021, SPI entered the Oregon market, thanks in part to Red’s friendship with Aaron Jones (1921–2014). A sawmill owner, Jones purchased timberland to ensure a stable supply for his mills just as the Emmersons did. After his death, when his three daughters decided to sell, SPI was a natural fit. A deal was struck, and Seneca’s CEO and president, Todd Payne, subsequently became president and general manager of SPI’s lumber business.

Although the 175,000-acre purchase was far from the biggest in SPI history, it was in fact a very big deal. For with it, Red Emmerson and his family became ­America’s largest landowners.

THE FUTURE. Although the challenges ­facing timberland owners are daunting, the Emmersons are meeting them head on by proactively managing existing assets and scouting for future acquisitions.

“SPI is on the forefront of ­progressive fire prevention practices, and they’d be a spotlight for other companies to take a look at,” says Norm Brown, a retired ­deputy fire chief with CAL FIRE, ­California’s primary firefighting agency.

“They’ve got an incredible network of remote automated weather stations (RAWS) throughout their entire holdings,” Brown says. Working with the US ­Forest Service and CAL FIRE, the data from these weather stations is matched to the National Fire Danger Rating System. By integrating the two, “they are able to make comprehensive decisions about what type of activities they can do in the field.”

Although costly, RAWS safeguard the land. Other instances of sustainable ­forest management include thinning and reforesting after harvest. In 2020 alone, SPI planted 8.7 million seedlings. The Emmersons also invest in local communities. Carolyn Dietz runs the Sierra Pacific Foundation. Founded by Curly in 1979, it has distributed nearly $34 million to ­communities and scholarship programs.

[caption id="attachment_17972" align="alignright" width="300"] The joke around the office is that the 92-year-old is finally slowing down. “Red doesn’t show up on Sundays as often as he used to.”[/caption]

Will SPI continue to buy more land?

According to Steve Hearst, it’s in the Emmersons’ DNA to do so. He first met Red when he transitioned from Hearst’s newspaper business to overseeing its West Coast real estate holdings. As their friendship grew, he gained a better understanding of what drives this family. It’s a quest. 

Says Hearst, “They’re still ­moving the ball towards an ever-moving end zone, if you will. They keep moving the ball down the field, and they’re doing a great job of it.” 

Editor's Note: Many of the historic details referenced in this article were sourced from Sierra Pacific A Family History © 1991 by J. “Bud” Tomascheski.]]> 17966 0 0 0 https://landreport.com/2022/02/land-report-february-2022-newsletter/ Tue, 15 Feb 2022 07:00:38 +0000 https://landreport.com/?p=17975 The inspiring story of America's largest landowner, Red Emmerson, headlines our February newsletter, which also includes the following articles:

• Walmart invests in ag startup Plenty
• American Prairie Reserve acquires 73 Ranch
• Colorado and Nebraska spar over water rights

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 17975 0 0 0 https://landreport.com/2022/03/land-report-march-2022-newsletter/ Tue, 15 Mar 2022 07:00:59 +0000 https://landreport.com/?p=18050 SOLD! Texas's iconic 6666 Ranch. Learn more about this landmark outfit, which dates back to 1870, in our March newsletter. Other stories include:

• AcreTrader expands its Series B Funding
• Nebraska farmland jumps to $3,360 per acre
• Auction of California's La Panza Ranch on April 12
• A major ruling by the New Mexico Supreme Court

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 18050 0 0 0 https://landreport.com/2022/04/2022-land-report-texas-issue/ Fri, 15 Apr 2022 07:00:46 +0000 https://landreport.com/?p=18059 2022 Land Report Texas Issue[/caption] Presenting our 2022 Texas Issue featuring:

• King Ranch Art: Noe Perez continues a distinguished tradition of heralded artists who have journeyed to South Texas and celebrated Richard King’s great rancho.

• Conservation Equity Management: Kyle Bass and Terry Anderson create an innovative platform for investing in land in the Lone Star State.

• XIT Ranch: Drew Knowles single-handedly revives his family's legacy, the legendary XIT Ranch.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 18059 0 0 0 https://landreport.com/2022/05/yellowstone-river-ranch/ Thu, 12 May 2022 13:11:30 +0000 https://landreport.com/?p=18112 Extraordinary Yellowstone River Ranch $19,800,000 | 1443.41 acres | Livingston, Montana 3 beds | 4 bathrooms Offered by Raich Montana Properties LLC

The beautiful Yellowstone River Ranch (Double AA) Ranch is one of the most majestic and authentic ranches to come to market in the Paradise Valley of Livingston Montana. Graced with 1,443 ± acres and 3.55 ± miles of the legendary Yellowstone River, the ranch offers world-class trout fishing, a robust wildlife habitat and gorgeous scenic vistas of the Absaroka Beartooth Mountains and the Gallatin Mountain Range. The ranch is currently tenant leased and operating as a working cattle ranch with its abundant water rights and grazing land that maintain up to +/- 300 pair of cattle. The property lends itself to future use as an executive ranch or a Montana family retreat that will provide years of enjoyment whether it be on a full or part-time basis. The Yellowstone River Ranch (Double AA) presents a timely investment to own a world-class recreational ranch in Livingston Montana. Ranches of this size and quality rarely come to market in Paradise Valley. [gallery size="full" ids="18079,18080,18081,18082,18083,18084,18085,18086,18087,18088,18089,18090,18091,18092,18093,18094,18095,18096,18097,18098,18099,18100,18101,18102,18103,18104,18105,18106,18107,18108,18109,18110,18111"]

VIDEO

VIEW FULL LISTING

 

Contact Us Today For More Information

Tracy Raich tracy@tracyraich.com (406) 223-8418]]>
Livingston, Montana
1443.41 acres
$19,800,000
3 beds | 4 bathrooms
Offered by Raich Montana Properties LLC

]]> 52690 0 0 0 https://landreport.com/2022/05/land-report-may-2022-newsletter/ Sun, 15 May 2022 07:00:34 +0000 https://landreport.com/?p=18116 $100 million? That's right — Nevada's Bently Ranch came to market this month as the highest priced land listing in the history of the Silver State. Other articles in our May newsletter include:

• Robust housing market stokes lumber production
• Utah swaps more than 160,000 acres with Uncle Sam
• Farmland values surge in the Midwest and Great Plains

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 53675 0 0 0 https://landreport.com/2022/04/land-report-april-2022-newsletter/ Fri, 15 Apr 2022 07:00:41 +0000 https://landreport.com/?p=18073 Our Texas Special Issue takes center stage in this month's newsletter. Other stories include:

• Turner Ranches and Defense Department ink deal
• Weyerhaeuser acquires 80,800 acres for $265 million
• Oregon's Cherry Creek Ranch sells for $16.5 million

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 53848 0 0 0 https://landreport.com/2022/04/conservation-equity-management/ Fri, 15 Apr 2022 06:00:03 +0000 https://landreport.com/?p=58482 Gone with the Wind,” said the money man, Kyle Bass, a Dallas hedge fund manager who made a name for himself (and fortunes for his investors) by correctly calling the subprime mortgage meltdown that triggered the Global Financial Crisis. “That’s the prettiest pecan tree in the state of Texas,” said the conservationist, Terry Anderson. Anderson specializes in a different type of banking. Over the last decade, he has facilitated the investment of more than $90 million of private equity into mitigation banks that restore wetlands and wildlife habitats. Anderson brought that same expertise to Mustang Creek Ranch, but not at Bass's behest. Instead, his client was a timber company based in the Northeast that is developing the mitigation bank along Mustang Creek. [caption id="attachment_58491" align="alignright" width="550"] Conservation Equity’s two partners, Terry Anderson and Kyle Bass, couldn’t be more different in their backgrounds yet more in sync with their goals.[/caption] Conservation Equity’s two partners, Anderson and Bass, couldn’t be more different in their backgrounds yet more in sync with their goals. Two different men with two entirely different backgrounds. Yet as they chatted on that shady porch on that hot summer day, they both sensed a common ground. Each possessed a profound love for land and had a sharp nose for business opportunities. In addition, both were in their early 50s and were in the midst of plotting the triumphant finales of their careers. Bass’s keen instincts were buzzing. As he saw it, there were countless Mustang Creek Ranches to be found the length and breadth of the Lone Star State. He foresaw similar tracts enticing savvy investors who recognized their value as sustainable investments to capture and store carbon, to offer biodiversity offsets, and to provide a hedge against inflation. Bass looked at Anderson and began channeling his concepts into a string of questions. “Why on Earth would we take a mitigation partner from out of state when we could fund this ourselves?” he asked. He was just getting going. “Why don’t we use the goodwill, business acumen, and contacts we’ve both developed to make rural land here in Texas a proper asset class among institutional investors?” Texas pride aside, there was another aspect that was equally, if not more appealing. “On top of all that, you want to engage in mitigating the environmental damage that corporations and industries and highway departments are causing. This is the sweet spot. Why don’t we do this for the next decade and have some fun doing it?” Bass asked. Anderson listened to the pitch and did some quick lifestyle math. He had far exceeded his career aspirations as a biologist. In the not-so-distant past, he had made a half-hearted attempt to retire — and failed. Yet he couldn’t help himself. His reply came down to three simple factors. “If we’re going to do something together, we’re going to have fun, we’re going to work with good people, and we’re going to do good projects,” he told Bass. A deal was struck, and some fine bourbon was subsequently imbibed. [caption id="attachment_58490" align="alignright" width="550"] The brushy South Texas scrub near CEM’s Bahia Grande acquisition is one of the last remaining outposts for the ocelot in the US.[/caption] In February 2021, they founded Conservation Equity Management (CEM), a private equity firm with offices in Dallas, staffed by Bass and his team at Hayman Capital, and in Nacogdoches, staffed by Anderson and his crew at Conservation Equity Partners and Wildlife Systems. The business model is a simple one: to create value by enhancing ecosystems, mitigating environmental impacts, and developing conservation in Texas and surrounding states. CEM acquires large tracts, including neglected pieces of forestland and coastline. Bass and Anderson will consider buying listed properties but say they prefer to find parcels that have not been brought to market. After a purchase, CEM applies an array of ecological management tools such as sustainable timber harvesting, for instance, or prescribed burning to add biodiversity and to boost property values and enhance returns. Another set of opportunities includes clients whose own development projects are negatively impacting an ecosystem. To enable these clients to offset any ecological impact, CEM buys and enhances land in the same watershed. This enables clients to develop valuable mitigation credits. Such a transaction is the essence of mitigation banking and Anderson’s specialty. “Terry is the godfather of Texas mitigation,” Bass says. “He has facilitated about one in five mitigation credits issued in Texas and surrounding states over the last 20 years. “It’s a marriage made in heaven. I’m a conservationist at heart. I’ve been buying and selling rangeland and ranchland and raising the value of ecosystems for about 15 years. Terry is the best in the world at understanding what needs to be done from a biological and forestry perspective to answer the mitigation demands of the authorities. It sounds like two odd bedfellows, right? Some finance guy in Dallas and a forester and biologist out of Nacogdoches. But I’m telling you, it’s a perfect union," Bass says. This dichotomy forms the bedrock of a formidable duo. A Miami native whose father managed the Fontainebleau Hotel, Bass attended Texas Christian University on a diving scholarship and has lived in Texas for decades. He’s still into cliff diving as well as spearfishing. After shorting the subprime market, Bass testified before Congress about the causes of the 2008 financial collapse. In 2005, he founded Dallas-based Hayman Capital and has been its chief investment officer. A fervent critic of the Chinese Communist Party, he is also a member of the Council on Foreign Relations. Anderson earned a forestry degree at Stephen F. Austin State University in Nacogdoches. He teaches there part-time as an adjunct professor, focusing primarily on habitat management and ecology. Born in Texas, he eschewed football as a youngster. Fishing and hunting were more his speed. He spent time with local woodsmen in East Texas and devoured books and magazines about Africa, Alaska, and natural resources. He’s proud to say he’s never played a round of golf. Anderson has helped develop more than 28 wetland mitigation or habitat conservation banks. He plays the banjo – badly, he claims. When his friends heard he would be partnering with Bass, Anderson admits he got some double takes. “I am in my East Texas world over here, and they go, ‘Wait, what? What’s your new adventure? Who’s that guy?’ Kyle certainly has had this larger-than-life, interesting career. He’s quite the character. But here’s the thing I discovered: The more he learns about something, the faster he comprehends it, and the quicker the cogs are spinning,” he says. Anderson will walk Bass through the basics of a mitigation opportunity on, say, 20,000 acres in West Texas. He’ll tell Bass what he expects to happen to that land over the next three to five years, listing the ecological drivers that could turn the property into an investment win. “Kyle can look at that and go, ‘Got it.’ And he’s like Rain Man," Anderson says. “He can run the numbers. He can figure out, ‘We’re going to need $10 million in capital to do this. And here’s what’s going to happen at the federal level with interest rates and inflation.’ When you put his planet and my planet together, that’s when the magic happens.” CEM’s first acquisition was Cherokee Ridge River Farm outside of Alto, Texas. Some 3,496 acres of rolling pine ridges and river bottom lands laced with streams, springs, lakes, and oxbow sloughs, it was previously owned by ExxonMobil and used primarily for natural gas extraction and as a hunting retreat. It was never listed for sale. Nestled well behind the Pine Curtain of East Texas, the property features highly productive forestlands and a significant wetlands component. With giant swaths of old forest, Cherokee Ridge already represents a large carbon sink. CEM plans to conduct selective timber harvesting while planting native herbaceous vegetation and grasses. The goal is to open the canopy and allow additional light to reach the forest floor. This will offer welcome habitat for bobwhite quail, which have largely disappeared from East Texas. Over the next 24 to 30 months, those extra hours of sunlight will slowly start to transform the lush terrain from its current industrial pine plantation dynamic into something that more closely resembles a South Georgia quail plantation. “That’s what we do,” Anderson says. “We manage sunshine. We’ll reintroduce shortleaf or longleaf pines” that will blanket stretches of the property in five or ten years, “maybe well after we sell it to the next recreational buyer." “Somebody else down the line is going to benefit, while both the habitat and the wildlife will also benefit from what we’re doing,” Anderson says. “But for some recreational user who’s soon moving out from California or New York – he doesn’t even know it yet — but we’re getting his dream land ready.” The fuel for CEM’s business launch, the partners say, begins with a series of economic shortcomings now hitting many coastal states. They point to “aggressive tax increases, essential services reductions, and a surge of housing unaffordability” in New York, New Jersey, Connecticut, and California. This is driving an exodus of affluent residents to states like Texas, Tennessee, and Florida. Between July 1, 2020, and June 30, 2021, Texas’s population rose by 310,288 people. According to Texas State Demographer Lloyd Potter, more than half of that increase came from net domestic migration, i.e., people who moved into the state minus people who left Texas. From 2010 to 2020, Texas experienced a 40 percent increase in the contribution of net domestic migration to the state’s overall population. Domestic migrants from Illinois, New York, and California led that surge — with most of those people (302,978) relocating from California, Potter says. This trend line is expected to continue. “Texas is a low-tax, business-friendly state, which is a big draw for businesses and employers,” Potter says. “In addition, housing costs in Texas are also lower when compared to other states, although that is beginning to change. Therefore, if the Texas economy continues to grow, then we will likely continue to experience increases in our net domestic migration.” On the ground, this flow is elevating the price of Texas rangeland and timberland. According to Bass and Anderson, that steep jump indicates that more investors “are coming around to thinking about these larger parcels” as opportunities for biodiversity offsets, carbon capture and storage, as well as a hedge against inflation. For Bass, the firm’s launch has been underpinned by some basic wisdom: You can make a fortune by trading derivatives. But the sweetest deals may not be strictly about the best returns. Sure, CEM is targeting strong returns on its investments. But it’s focused on the good and lasting benefit that their work will do for the Lone Star State, he says. In fact, Bass has now returned all of Hayman Capital’s investment capital. CEM has become his sole focus. “This isn’t just a shiny object that I’m adding to my portfolio. This is going to be my core business,” Bass says. “It is centering for me to be here in the state of Texas and do what I love doing – partnering with Terry to acquire rural land parcels, fix them up, and raise the values of these ecosystems. I can’t wait to see some of our finished products in the next three to five years. It’s going to be amazing," he says. That includes the second acquisition that closed under the CEM umbrella: the Bahia Grande Conservation Parcel, 479 acres in Cameron County just outside of Brownsville. This critical expanse of coastal habitat is bordered by both the Laguna Madre, a hypersaline bay along the Gulf of Mexico, and by the all-important Laguna Atascosa National Wildlife Refuge. While the area is teeming with fish, fowl, and other animals, different investors might consider Bahia Grande to be a prime target for high-density commercial and residential development. CEM’s plans for the place are far less intrusive. The firm may do some low — density, green development — less concrete, more grass, Anderson says. But with its wetland features, Bahia Grande is better suited for ecological enhancements to mitigate environmental impacts elsewhere in the watershed. One possible improvement: providing a corridor for ocelots to migrate from Mexico northward across portions of highly developed stretches of Cameron County into the Laguna Atascosa Refuge. “This is the perfect place for us to be,” Anderson points out. “There’s about as much flexibility on that particular property as any property I’ve looked at in the last 20 years.” “It’s going to be beautiful when we finish it,” adds Bass. “We are going to be building ecological paradises.” In February, a third property was tentatively added to the CEM portfolio: the western portion of Monarch Ranch along the Devil’s River. The 20,000-acre property sits at the intersection of the Edwards Plateau, the Chihuahuan Desert, and Tamaulipan Thornscrub. According to Charles Davidson with Republic Ranches LLC, the transaction is scheduled to close April 1. Away from their day jobs, both Bass and Anderson reboot on their own properties. They each spend time and money replenishing their private holdings. Anderson possesses what he calls “an eclectic blend of properties” — seven ranches ranging from 100 to 1,000 acres from South Padre Island to West Texas and from Arkansas to Alaska. He uses his land, in part, to teach conservation literacy in outdoor classrooms, showing visitors how to do better things with the environment. He also has a passion for revitalizing wetlands and marshes and for restoring native species, including planting longleaf pine, shortleaf pine, and native grasses. For Bass, his East Texas ranch offers a welcome refuge from Big D. His recent weekday plans included attending a board meeting at the office, then picking up his 2-year-old son, and motoring around those 5,000 acres. “He and I are going to pal around out there all day tomorrow, just taking the day off. I love that," he says. Bass's excursions to his ranch bring to mind when he first became smitten with Lone Star landscapes – and why he’s now fully devoted to protecting Texas ecosystems. As a kid, he and his family made an annual Thanksgiving pilgrimage from South Florida to his grandfather’s home in Tyler. He and his sister would dash through the pine needles. Then the family would gather in front of the TV to watch the Dallas Cowboys game while his grandfather would enjoy a stogie. Inside. These days, Bass climbs onto his Polaris 4-wheeler with his wife and son or with friends and drives through the meadows to take a look at the deer, hogs, and nesting bald eagles. All of it, he says, takes him back to those long ago Thanksgivings behind the Pine Curtain scurrying through the pine needles with his sister. “I love the conservation aspect of what we’re doing. I love the birds, the bees, the bats,” Bass says. “Being at my ranch really strikes a chord with me. It reminds me of my mom, my granddad, and where they all came from. It reminds me of the best times with family.”]]> 58482 0 0 0 https://landreport.com/2022/04/vistra-lists-fairfield-lake-for-110-million/ Fri, 01 Apr 2022 00:00:55 +0000 https://landreport.com/?p=60326 Fairfield Lake has been listed for sale for $110.55 million by Vistra, a Fortune 500 electricity and power generation company based in Irving, Texas. The 2,400-acre body of water is the standout feature of the 5,025-acre property. Cash McWhorter of Hortenstine Ranch Company has the listing.

Deep-Water Landmark

“The most overused phrase in real estate is ‘once-in-a-lifetime,’ but that’s the only way to describe this property,” says McWhorter, an East Texas native who specializes in waterfowl properties.

Hortenstine Ranch Company founder Blake Hortenstine estimates the depth at 50 feet. This key feature — coupled with the lake’s sheer size — truly distinguishes Fairfield Lake. “This was originally a cooling lake for a power plant that was decommissioned and is in the process of being taken down. It initially had tilapia and redfish, and no one knew what was going to happen to the fishery when the power plant stopped pumping warm water in there in winter,” Hortenstine says.

What resulted was a world-class black bass fishery. One largemouth tipped the scales at 13 pounds and set the lake record. Catfish, bluegill, carp, sunfish, and alligator gar share the pristine waters. Crappie, white bass, or stripers do not, according to Hortenstine.

The northern shoreline, which adds another 825 acres, includes two private islands, each with its own land bridge.

“The islands are both very accessible,” McWhorter says. “They are one of the reasons that this is the most unique water asset in the Lower 48.” [caption id="attachment_60348" align="aligncenter" width="1024"] TEXAS-SIZED At normal pool, Fairfield Lake stores 44,169 acre-feet of water.[/caption]

Cooling Reservoir

Fairfield Lake sits in East Texas’s Post Oak Savannah region between Dallas and Houston. In the 19th and early 20th centuries, farmers grew corn and cotton in Freestone County.

In 1969, Texas Power & Light Company constructed a 4,350-foot earthen dam to capture water from Big Brown and Little Brown Creeks. Since 1976, the company and its successors — most recently Vistra — have leased 1,800 acres at the southern portion of the property to Texas Parks & Wildlife Department for $1 a year. In 2018, Vistra retired the Big Brown Power Plant and gave the state two years' notice. (The lease is not perpetual and can be cancelled.) Two public boat ramps are in place as are two homes for the park rangers. All transfer with the sale.

[caption id="attachment_60347" align="aligncenter" width="1024"] FISHERY Catfish, bluegill, carp, sunfish, and alligator gar share the pristine waters with trophy black bass.[/caption]

“As we’ve become experts on larger lakes, we have come to realize that many of the same questions about owning a 30-acre lake apply to owning a 2,000-acre lake,” McWhorter says. For instance, liability issues associated with such a large dam. McWhorter and Hortenstine note that annual inspections and up-to-date maintenance — both of which apply to Fairfield Lake — are important precautionary measures.

The water rights and recreational resources are unparalleled. And although the property is located less than 10 minutes from Interstate 45, the idyllic landscape is completely invisible from highways or main thoroughfares. 

“There’s been a lot of disbelief and excitement about Fairfield Lake,” Hortenstine says. We believe him.

Originally published in the 2022 Land Report Texas Special Issue]]> 60326 0 0 0 COOLING RESERVOIR In 1969, Texas Power & Light created Fairfield Lake by damming Big Brown Creek.]]> https://landreport.com/2022/02/caddo-sustainable-timberlands-launched/ Tue, 15 Feb 2022 06:00:47 +0000 https://landreport.com/?p=60983 Caddo Sustainable Timberlands, LP. The focus of the partnership will be on acquiring and monetizing timberlands in the Southeastern US.

Caddo Sustainable Timberlands

Caddo Sustainable Timberlands consists of 772,000 acres of Sustainable Forestry Initiative (SFI) certified timberlands in East Texas and West Louisiana. Georgia-Pacific, International Paper, Louisiana-Pacific, RoyOMartin, and West Fraser are current wood-products customers. These relationships are expected to continue going forward.

Management Team

John Lock has been appointed president, and Patrick Chambless will serve as chief financial officer. “Having previously spent 22 years of my career managing the assets that comprise the Caddo Sustainable Timberlands, I am very familiar with the significant economic, conservation, and environmental contributions these properties have made to wood consumers, East Texas communities, and the forest industry, as well as the need to continue that legacy,” said Lock in a statement. “We are also excited to partner with the Texas Forestry Association, conservation groups, local communities, and regional stakeholders to continue the rich history of timberland and natural resources management that has been the fabric of these properties and the East Texas culture for well over 100 years,” Lock added. Said Chambless, “We are striving to build a best-in-class organization that generates immediate yield on investment for our shareholders, while sustainably managing our portfolio and implementing the highest standards of environmental, social and corporate governance."

About the Partners

With more than US$100 billion in assets under management and administration, BTG Pactual is the largest investment bank in Latin America. BTG Pactual Timberland Investment Group ranks as one of the world’s largest timberland investment managers with nearly $4.5 billion in assets and commitments and 3 million acres under management globally as of Q3 2021. With C$199.6 billion of assets under management, British Columbia Investment Management Corporation is one of Canada’s largest institutional investors. ]]> 60983 0 0 0 https://landreport.com/2022/06/carbon-removal-company-makes-impact/ Wed, 15 Jun 2022 07:00:10 +0000 https://landreport.com/?p=18136 pyrolysis process safely locked up nearly 5,500 tons of CO₂ in late 2021. Charm pays corn farmers for unwanted plant matter such as corn stalks, breaking it down into biochar and bio-oil. It reburies biochar to improve soil health and pumps bio-oil down EPA-regulated deep wells. Although companies like Microsoft pay Charm $600 per ton of buried carbon, it’s unclear whether the process will ultimately be the best use of potential renewable energy. Buying up large amounts of corn biomass might force cattle farmers to switch to alternative low-cost feeds, while a hot market could incite farmers to expand their operations. CEO Peter Reinhardt stressed Charm only takes half the agricultural material on any given field, and that while competing uses of leftover corn is region dependent, farmers often burn it or let it rot and produce CO₂.]]> 18136 0 0 0 https://landreport.com/2022/06/the-land-report-spring-2022/ Wed, 15 Jun 2022 00:00:32 +0000 https://landreport.com/?p=18149 Taylor Sheridan's acquisition of the Four Sixes Ranch takes top honors as our 2021 Deal of the Year. Congratulations to all our Deal of the Year winners and as well as to America’s Best Brokerages and the Top Auction Houses honorees featured in our Spring issue:

• 2021 Deal of the Year: Texas’s Four Sixes Ranch
• Ranchland Deal of the Year: Montana’s Beaverhead Ranch
• Timberland Deal of the Year: Oregon’s Seneca Jones Timber
• Farmland Deal of the Year: Washington’s Ste. Michelle Wine Estates
• Conservation Deal of the Year: California’s N3 Ranch
• Historic Deal of the Year: Virginia’s Eldon Stock Farm
• Special Asset Deal of the Year: Texas’s Sandow Lakes Ranch
• Island Deal of the Year: New York’s Galloo Island

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 18149 0 0 0 https://landreport.com/2022/06/historic-aspen-ski-lodge-preserved/ Tue, 21 Jun 2022 00:00:22 +0000 https://landreport.com/?p=18159 — allowing up to a total of 13,250 square feet — along with a density bonus for a second home of 5,750 square feet on the main ranch parcel. The deal also grants the lodge historic designation and restorative remodeling of its historical significance. To highlight the lodge's historical significance, Loring and Inkinen funded a documentary and have plans for a historical brochure and plaque. They will open the property for public tours one day per year.]]> 18159 0 0 0 https://landreport.com/2022/06/iowa-farmland-sells-for-25000-per-acre/ Tue, 21 Jun 2022 00:00:06 +0000 https://landreport.com/?p=18162 According to Iowa State University, the statewide average of farmland values went up 29 percent for 2021, which was up 31.4 percent from 2020. Farm revenues and land values are sure to increase in 2022 due to increasingly limited global grain supplies.]]> 18162 0 0 0 https://landreport.com/2022/06/2021-ranch-deal-of-the-year/ Wed, 15 Jun 2022 00:00:19 +0000 https://landreport.com/?p=18168

The sale of the Beaverhead Ranch by Matador Cattle Company is an epic event in itself, and that’s before one considers the renown of both the seller and the buyer. A majestic swath of 340,000 deeded and leased acres that crosses three mountain ranges in Southwest Montana, the renowned cattle ranch comfortably carries 10,000 cow-calf pair. The wildlife component — elk, moose, mule deer, antelope, and countless other species — is its own biosphere. The water rights? Some of the most significant in the West.

“There are few comparable properties in Montana, not only from a production standpoint but also from a conservation and wildlife standpoint,” says Chance Bernall of Beaverhead Home & Ranch Real Estate in Dillon, who shared the listing with Joel Leadbetter of Hall and Hall. “It is essentially its own ecosystem. It is really an important piece of property to our part of the world,” Bernall says.

But what makes this deal truly stand out is the pair of hands who were doing the trading. On the sell side you had Charles Koch, longtime CEO of the multinational Koch Industries, whose father, Fred, purchased the ranch in 1951. Meanwhile, on the buy side was Rupert Murdoch, whose News Corp, operates media outlets worldwide, including Dow Jones & Company, News UK, News Corp Australia, Realtor.com, and HarperCollins Publishers.

With the help of Bernall and Hall and Hall, these two legends came together to sign off on a titanic transaction.

“Putting the deal together between the two of them was the easy part. They were great to work with,” Hall and Hall’s Tim Murphy says. “Doing the deal was the hard part. It was a load, just because it was so complicated with all these moving parts.”

[caption id="attachment_18172" align="alignright" width="300"] 405,915 TOTAL ACRES
Since acquiring Beaverhead Ranch, Rupert Murdoch has purchased a neighboring ranch, the Selkirk. The combined capacity of 15,000 head makes it one of the largest cattle operations in the nation.[/caption]

In 2020, John Wildin with Hall and Hall served as the listing broker on Matador Cattle Company’s Spring Creek Ranch in Kansas. In addition, Hall and Hall Director Joel Leadbetter had worked with Bernall and were close friends, which is why he suggested they team up to co-list the Beaverhead Ranch.

“I thought that was the best of both worlds,” Leadbetter says, “because you have Chance’s local knowledge and history in the Beaverhead Valley, and then you have Hall and Hall’s reach (as a national brokerage).”

Given the extraordinary nature of the property, it made sense to present it as an off-market listing. A limited pool of buyers could afford the nine-figure purchase price; therefore, a premium was put on discretion.  

“We were fishing in an extremely shallow pond,” Leadbetter says. “Buyers had to register in advance, and all had a B in front of their net worth. We showed it on the ground to three prospects and were in conversation with less than 10.”

One of those was the Australian native. The mountainous terrain so -characteristic of Beaverhead Ranch is -definitely a far cry from Murdoch’s home turf in South Australia. Murphy says once Murdoch set eyes on the ranch, his curiosity turned into captivation. “It was fun introducing the place to him,” Murphy says. “He didn’t think he was going to go big (on an offer). But once we got there, Rupert took the bit in his mouth. There was no stopping him.”

Murdoch’s enthusiasm soon became crystal clear. Not only did he close on Beaverhead Ranch, but he acquired the adjacent Selkirk Ranch -— another outstanding property — and created one of the most significant cattle operations in the nation, capable of carrying 15,000 head on 405,915 operating acres (138,115 deeded). The landscape embraces almost the entirety of the Blacktail -Mountains, including the wilderness study area, the Snowcrest and the Centennial -Mountains, and their associated valleys.

Worth noting is one of the most important aspects of the transaction: a simple meal. On a cross-country flight, Murdoch stopped in at Koch Industries in Wichita, Kansas. What transpired next was a one-on-one lunch with Charles Koch.

[caption id="attachment_18174" align="alignleft" width="300"] BLACKTAIL DEER CREEK
A tributary of the Beaverhead River, this vital lifeline is a key component of the plentiful water rights on the ranch.[/caption]

“It put two faces with the deal,” Leadbetter says. “It was important to Charles that it went to the right buyer, and it was important to Rupert to show that he was the right buyer. By having that private meeting, they were both able to see that.”

Murdoch emphasizes his desire to protect the natural beauty of the ranch. “We feel privileged to become guardians of this pristine corner of Montana and will do all possible to preserve its fauna and flora,” he said in a statement to The Land Report. “Within this, our ambition is to create a profitable low-carbon beef business. We will research emission-reduction technologies with the University of California, Davis, and further, will look to sequester soil carbon across the ranch utilizing the experience of asset managers Impact Ag Partners.”

Leadbetter is certain that Murdoch is committed to this exceptional slice of Montana ranchland. “I don’t think you could have a better owner,” the veteran broker and Montana native says. 

Murphy adds, “He is so excited. It’s a special place, and it’s obvious that he genuinely appreciates that. It’s not just a one-off asset to him. He’s personally attached to it. He spends time in town. His family is really engaged in it. And he has a great team of people on and off the ranch to make sure it meets and exceeds his family’s investment and personal goals of ranch stewardship.”  

Photography by Kenton Rowe]]> 18168 0 0 0 https://landreport.com/2022/06/land-report-june-2022-newsletter/ Wed, 15 Jun 2022 00:00:18 +0000 https://landreport.com/?p=18176 Our June Newsletter features the 2021 Deals of the Year:

• 2021 Deal of the Year: Texas’s Four Sixes Ranch
• Island Deal of the Year: New York’s Galloo Island
• Ranchland Deal of the Year: Montana’s Beaverhead Ranch
• Timberland Deal of the Year: Oregon’s Seneca Jones Timber
• Historic Deal of the Year: Virginia’s Eldon Stock Farm
• Conservation Deal of the Year: California’s N3 Ranch
• Special Asset Deal of the Year: Texas’s Sandow Lakes Ranch

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 52322 0 0 0 https://landreport.com/2022/06/epas-new-mandate-to-bolster-farmland/ Tue, 21 Jun 2022 00:00:21 +0000 https://landreport.com/?p=18158 2022's Renewable Fuel Standard corn ethanol mandate at 15.25 billion gallons, the highest level in program history. This directive, in addition to a growing demand for alternative fuels that can coexist with food crop feedstocks, will bolster farmland prices. The majority of this year's 20.88 billion gallon RFS consists of corn ethanol. In addition to the mandated 15.25 billion gallons, the EPA set next-generation advanced biofuels — such as ethanol made from crop residues and woody plants — at 5.63 billion gallons, with biomass-based biodiesel accounting for roughly half of that at 2.76 billion gallons. Biofuel backers predict consumers will benefit from more ethanol in the fuel supply, especially because ethanol is currently cheaper than gasoline. EPA administrator Michael Regan says the mandate will reduce the nation's reliance on oil, increase homegrown biofuel availability, and "re-set and strengthen" the RFS.]]> 52870 0 0 0 https://landreport.com/2022/06/forever-texas-fund/ Wed, 08 Jun 2022 07:00:12 +0000 https://landreport.com/?p=18125 The Texas Agricultural Land Trust (TALT) launched the public phase of a $10 million fundraising campaign for its Forever Texas Fund (FTF). On May 12, the land trust celebrated its 15th anniversary and founding CEO Blair Fitzsimons. The event raised $500,000, bringing the total amount in the fund to more than $5 million. TALT is Texas's largest state-based land trust. In 2018, it established the FTF to indefinitely fund its conservation mission. Since its founding in 2007, the land trust has partnered with 37 families to protect 251,732 acres through conservation easements. A similar trust in Colorado, the Colorado Cattlemen’s Agricultural Land Trust, partners with nearly 400 families to conserve more than 705,000 acres of Colorado ranchland. Due to increasing land values, landowners and their heirs are forced to make tough choices about the future. This reality, combined with Texas losing agricultural land at a faster rate than any other state, makes TALT's work essential to further land loss prevention and Texan landowners' peace of mind. Click here to learn more.]]> 53684 0 0 0 https://landreport.com/2022/06/potlatchdeltic-acquires-catchmark/ Wed, 15 Jun 2022 00:00:10 +0000 https://landreport.com/?p=18133 including 626,000 acres in northern Idaho and more than 1.5 million acres in six states across the South. PotlatchDeltic's acquisition of CatchMark is projected to result in a pro forma market capitalization of more than $4 billion, a total enterprise value of more than $5 billion, and a net debt of $577 million. The transaction is expected to close as early as Q3 2022. Plans to leverage PotlatchDeltic's expertise in rural land sales and CatchMark's knowledge of Southern markets should maximize opportunities for rural real estate sales, such as conservation and solar transactions. Read more HERE.]]> 53685 0 0 0 https://landreport.com/2022/06/moore-family-negotiates-conservation-easement/ Wed, 15 Jun 2022 07:00:56 +0000 https://landreport.com/?p=18137 — from public schools to affordable housing — has culminated in a deal to protect their land. Pitkin County offered the Moore family $10 million for the outright purchase of 95 acres west of McLain Flats Road, as well as a conservation easement for 135 to 177 acres east of the road. Per the deal, Pitkin County will indefinitely protect the 95 acres; 15 of those acres are irrigated lands. The Moores will remain on the 135 acres easement in a new home, alongside their historically designated ranch house and barn. The Moores and extended family own an additional 42 acres that may also be included in the easement, but if they are not, the price will drop to $9 million.]]> 53686 0 0 0 https://landreport.com/2022/06/private-1-5-acre-maine-island-for-sale/ Wed, 15 Jun 2022 00:00:43 +0000 https://landreport.com/?p=18138 Downeast Maine, Milliken has owned the island since 2007. In 2009 he built a one-bedroom, single-story, 540-square-foot cottage near its sandy beaches. The cozy cottage has wood flooring and a single deck that faces the coast. The treeless landscape provides a unique view of the natural environment, including the local seal colony. Reportedly, conditions on the island are unforgiving between October and May due to freezing temperatures. In fact, potential buyers are required to spend one night in the cottage so they can experience exactly what they’d be getting into as the island's owner. However, no matter the level of the tide, Duck Ledges Island has quality anchorage and landing points. Mooring can be found adjacent to the island, a quick boat ride from the public marina in Jonesport, Maine, and a facility in Addison.]]> 53687 0 0 0 https://landreport.com/2022/06/nfwf-announces-grants-for-midwest-farmers/ Wed, 15 Jun 2022 00:00:49 +0000 https://landreport.com/?p=18135 2021 USDA report, use of cover crops is on the rise, increasing from 10.3 million acres in 2012 to 15.4 million acres in 2017, which amounts to 5.1 percent of US cropland. Grant recipients include American Farmland Trust, Ducks Unlimited, Practical Farmers of Iowa, the Minnesota Soil Health Coalition, and the Kansas Association of Conservation Districts. Each recipient will provide technical and financial assistance to the farmers, primarily through enrollment in public and private programs that cover costs and mitigate the financial risks of adopting cover crops.]]> 53770 0 0 0 https://landreport.com/2022/06/rancher-commits-to-build-nations-largest-beef-plant/ Tue, 21 Jun 2022 00:00:40 +0000 https://landreport.com/?p=18156 Kingsbury & Associates and the managing partner of Sirius Realty, Kingsbury will fund the beef plant via both companies. The $1.1 billion plant, capable of processing 8,000 head of cattle a day, will provide competition for the four major players — Cargill, Tyson, JBS, and National Beef Packing Company — that currently process 85 percent of all US-fed cattle. Construction on the new plant is expected to commence in 2023 with completion anticipated as early as 2026. Kingsbury projects that her plant will weather issues in the beef industry, including pandemic shutdowns and worsening drought that reduced cattle numbers. She plans to hire 2,500 employees and use advanced technology to reduce the labor involved in processing beef.]]> 53778 0 0 0 https://landreport.com/2022/07/caddo-sustainable-timberlands-acquires-119000-acres/ Thu, 28 Jul 2022 06:00:02 +0000 https://thelandreport.c51dev.com/?p=57282 Caddo Sustainable Timberlands (CST), an investment platform created by BTG Pactual Timberland Investment Group and British Columbia Investment Management Corporation, announced the acquisition of 119,000 acres of timberlands on July 28. The acquisition increases CST’s Texas timberland holdings to 831,000 acres. In a published statement, CST President John Lock said, “Caddo Sustainable Timberlands is very excited to add these high quality, well-managed timberlands to our portfolio, which allows us to grow our already substantial footprint in East Texas and extends our ownership into Louisiana. This acquisition cements our position as the largest private timberland owner in Texas, which is pretty exceptional considering the rich history of landownership in the state. We will implement the same responsible sustainable forest management practices that our business is founded upon and look forward to continued collaboration with industry stakeholders throughout East Texas and Louisiana.” Read more HERE. ]]> 57282 0 0 0 https://landreport.com/2022/07/50-million-santa-barbara-seaside-polo-ranch-comes-to-market/ Tue, 26 Jul 2022 23:40:57 +0000 https://thelandreport.c51dev.com/?p=57284 Precious and Tennessee, told the LA Times that “the rarity of this property is that it has a woman’s touch with the landscaping.” Cancha de Estrellas is listed by Christian Name and Fred Dapp of The Agency.]]> 57284 0 0 0 https://landreport.com/2022/07/nuveen-natural-capital-purchases-30655-acre-foley-butte-ranch/ Fri, 22 Jul 2022 23:41:44 +0000 https://thelandreport.c51dev.com/?p=57287 A 50-square-mile mixed-use landmark in Central Oregon’s Ochoco Mountains sold for $27 million to Nuveen Natural Capital, a wholly-owned subsidiary of Teachers Insurance and Annuity Association of America. Run as a commercial logging operation since the early 1900s, Foley Butte possesses an estimated 80 million board feet of Ponderosa pine, Douglas fir, and Western larch, as well as impressive herds of elk and deer. “We are excited about these lands for the many opportunities they represent from the perspective of a working forest/ranch, environmental enhancements, and conservation,” said Mark Morgans, the managing director of US Forest Operations at Nuveen. Jerry Hicks of Fay Ranches represented Stafford Ranches in both the 2014 acquisition of the property as well as its 2022 sale. According to The Madras Pioneer, Stafford Ranches paid $18.5 million to Ochoco Lumber Company eight years ago and sold it for $27 million. Read more HERE.]]> 57287 0 0 0 https://landreport.com/2022/07/big-creek-ranch-sells-for-39-9-million/ Fri, 01 Jul 2022 23:42:36 +0000 https://thelandreport.c51dev.com/?p=57290 Former American Protein CEO Tommy Bagwell acquired Colorado’s 4,850-acre Big Creek Ranch for $39.9 million. Bagwell purchased the land from Texas’s La Mantia family as a legacy investment. A conservation easement is in place on approximately 1,980 acres. Improvements include an eight-bedroom, 10,000-square-foot main residence, a 3,000 square-foot ranch manager’s home, a shop, corrals, and livestock barn. Approximately 80 percent of the land abuts the Routt National Forest. The property, named for a six-mile trout stream that runs through it, sits a few miles north of Steamboat Springs and is a prime location for big game hunting and outstanding fishing. The Continental Divide is the Big Creek’s source, with smaller streams feeding Big Creek’s plentiful flow. Christy Belton of Ranch & Resort Realty represented the sellers. Brian Hartley and Alex Maher of Live Water Properties represented the buyer. Read more HERE.]]> 57290 0 0 0 https://landreport.com/2022/08/santa-barbara-seaside-polo-ranch-for-sale/ Mon, 01 Aug 2022 00:00:04 +0000 https://landreport.com/?p=57334 Film producer and polo player Sarah Siegel-Magness is selling Cancha de Estrellas, her seaside polo estate on the California coast, for $50 million. The 61-acre solar-powered compound is located just minutes from Montecito and Santa Barbara. The equestrian estate features two polo fields, riding trails, and 100 covered horse stalls. Central to the property is the Scoreboard Lounge, a custom-built structure with a kitchen, dining area, and game room. Located at the edge of the estate is an Airstream trailer, the only designated sleeping space on the property. Permits for two homes and associated structures are already in place. Siegel-Magness, whose credits include Precious and Tennessee, says “the rarity of this property is that it has a woman’s touch with the landscaping.” Cancha de Estrellas is listed with Christian Name and Fred Dapp at The Agency.

]]> 57334 0 0 0 https://landreport.com/2022/06/bently-ranch-listed-for-100-million/ Wed, 01 Jun 2022 06:00:45 +0000 https://landreport.com/?p=58452 The 12,393-acre Bently Ranch is on the market for the first time. Located in Nevada just east of Lake Tahoe, the Bently Ranch is listed for $100 million with Todd Renfrew of California Outdoor Properties. The current owners began assembling the property in 1997, instituted a cattle program in 2012, and shifted focus toward sustainable farming over the past decade. Substantial water rights are one of the ranch’s primary assets. They include East Valley Reservoir, Mud Lake, and senior water rights off the Carson River. Bently Heritage Estate Distillery uses grains and botanicals grown on the land. The property’s structures include 10 homes, 4 bunkhouses, 7 shops, and 29 barns. Read more HERE.]]> 58452 0 0 0 https://landreport.com/2022/07/land-report-july-2022-newsletter/ Fri, 29 Jul 2022 08:00:20 +0000 https://landreport.com/?p=58680 Our July Newsletter features:

• Caddo Sustainable Timberlands buys 119,000 acres
• Molpus Woodlands buys 117,773 acres
• Big Creek Ranch Sells for $39.8 million
• Nuveen pays $27 million for Foley Butte Ranch
• Historic Hudson Valley farms conserved

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 58680 0 0 0 https://landreport.com/2022/08/the-land-report-summer-2022/ Mon, 15 Aug 2022 00:37:31 +0000 https://thelandreport.c51dev.com/?p=57188 A broad array of insightful stories highlights our Summer 2022 Issue, which features:

• Sporting Properties: Book your visit to Ted Turner Reserves and its four New Mexico destinations. Take a tour of Galloo Island, one of the largest privately owned retreats on the Great Lakes.
• Rocky Mountains: Learn the stories of the stewards who have shepherded Colorado's May Ranch and Wyoming's Bar Cross Ranch.
• Land Back: A 28,000-acre timberland tract in Northern Minnesota is restored to the Bois Forte Band of Chippewa.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 57188 0 0 0 https://landreport.com/2022/08/domain-acquires-southern-timber-tracts/ Fri, 05 Aug 2022 00:00:02 +0000 https://thelandreport.c51dev.com/?p=57234 Read more HERE.]]> 57234 0 0 0 https://landreport.com/2022/08/field-of-dreams-to-get-major-makeover/ Mon, 01 Aug 2022 00:00:48 +0000 https://thelandreport.c51dev.com/?p=57242 Field of Dreams, the 1989 sports classic starring Kevin Costner, was filmed on a farm in Dyersville, Iowa. In the 15 years that followed its release, landowners Don and Becky Lansing served as hosts to the thousands of fans who flocked to the property in the hopes of playing catch or snapping a photo. The Lansings sold the farm to a company called Go the Distance Baseball in 2007. Named for an iconic line from Field of Dreams, the company went to work enhancing the iconic site. In April, they announced plans for a $60 million capital improvement project covering nearly 300 acres. Development, planned for completion in 2026, includes multiple baseball fields, concessions, a fieldhouse, and a fitness center. Read more HERE.]]> 57242 0 0 0 18487 https://accounts.binance.com/it/register?ref=10126709 0 0 https://landreport.com/2022/08/farm-economy-growth-may-slow/ Fri, 12 Aug 2022 23:29:55 +0000 https://thelandreport.c51dev.com/?p=57249 — with increased costs most notable in Nebraska, up from its 2015 to 2019 average — this is attributable to rising input costs while commodity prices have lowered. Read more HERE.]]> 57249 0 0 0 https://landreport.com/2022/08/collins-timber-acquires-58000-acres-in-northern-california/ Fri, 12 Aug 2022 00:00:38 +0000 https://thelandreport.c51dev.com/?p=57252 Read more HERE.]]> 57252 0 0 0 https://landreport.com/2022/08/minnesota-farmer-indicted-for-grain-fraud/ Thu, 04 Aug 2022 23:31:48 +0000 https://thelandreport.c51dev.com/?p=57255 according to a Department of Justice filing. The alleged scammer pocketed $46 million. In addition, he grew crops treated with chemical fertilizers and pesticides to later sell as organic grains. Even after his National Organics Program certification was revoked in 2020, Wolf continued to sell under false pretenses with the aid of an unidentified associate. Wolf has been charged with three counts of felony wire fraud and faces up to 20 years in prison. He denies any wrongdoing and “seeks vindication,” according to his attorney. Read more HERE.]]> 57255 0 0 0 18476 https://www.gate.io/tr/signup/XlQVXVo 0 0 18492 https://accounts.binance.com/id/register?ref=RQUR4BEO 0 0 18496 https://accounts.binance.com/vi/register?ref=10126709 0 0 18505 https://www.binance.com/tr/register?ref=JHQQKNKN 0 0 https://landreport.com/2022/08/investors-turn-to-farmland/ Thu, 04 Aug 2022 23:32:39 +0000 https://thelandreport.c51dev.com/?p=57258 Read more HERE.]]> 57258 0 0 0 https://landreport.com/2022/08/colorados-l-bar-slash-ranch-conserved/ Thu, 04 Aug 2022 23:33:44 +0000 https://thelandreport.c51dev.com/?p=57261 — which include more than 36,000 acres of the Upper White River Valley — has taken on critical importance in the face of increased rural residential development. “Knowing the property will stay available to the agriculture industry into the future is very important to us,” said Kelly Sheridan. The landscape of the L Bar Slash ranch serves as a migratory corridor and  habitat for a variety of species, including some of the largest elk and deer herds in the US. Three creeks crucial to the White River watershed flow through the ranchland, and 13 ponds — water for both livestock and wildlife — dot the property. The conservation of the L Bar Slash Ranch greatly contributes to the continuing protection efforts across eastern Rio Blanco County. Read more HERE.]]> 57261 0 0 0 https://landreport.com/2022/08/gladstone-acquires-premium-vineyards-from-resource-land/ Thu, 04 Aug 2022 23:34:21 +0000 https://thelandreport.c51dev.com/?p=57264 — made up of 115,000 acres spanning 15 states — are predominantly located in regions that grow fresh annual crops. RLH has acquired over 800,000 acres of "natural resource real estate" since its founding in 1998 and frequently invests alongside landowners and operators. Read more HERE.]]> 57264 0 0 0 https://landreport.com/2022/08/farmland-partners-makes-strategic-illinois-acquisitions/ Thu, 04 Aug 2022 00:00:30 +0000 https://thelandreport.c51dev.com/?p=57267 Read more HERE.]]> 57267 0 0 0 https://landreport.com/2022/08/for-sale-scenic-catskill-mountains-estate/ Tue, 02 Aug 2022 23:36:04 +0000 https://thelandreport.c51dev.com/?p=57270 Read more HERE.]]> 57270 0 0 0 https://landreport.com/2022/08/chinese-buy-north-dakota-farmland-near-air-force-base/ Tue, 02 Aug 2022 23:36:48 +0000 https://thelandreport.c51dev.com/?p=57273 Read more HERE.]]> 57273 0 0 0 https://landreport.com/2022/08/rancher-and-indigenous-tribe-clash-over-fencing/ Tue, 02 Aug 2022 23:37:39 +0000 https://thelandreport.c51dev.com/?p=57275 the Blackfeet Nation are engaged in a dispute over adjacent Montana land. In 2019, Ricketts purchased 32,000 acres of land that is technically within the tribal reservation. When the US government passed the Dawes Act of 1887 to control who could own indigenous land, the Blackfeet Nation lost ownership of two-thirds of land once designated for their reservations. Despite an effort to buy back their land, 2 percent was legally sold to Ricketts's meat distribution company, High Plains Bison. The tribe has expressed concern that the fencing erected around the property, known as Grizzly Ridge Bison Ranch, is causing major disruption to wildlife migratory patterns. Both parties have been in conversation over possible solutions, including a proposed purchase offer and options for restitution. In the meantime, Buzz Cobell, director of the Blackfeet Fish and Wildlife Department, will continue his effort to work with the company to find a solution. Read more HERE.]]> 57275 0 0 0 18497 https://www.binance.com/pt-PT/register?ref=V2H9AFPY 0 0 https://landreport.com/2022/08/alabama-land-trust-desires-critical-habitat/ Tue, 02 Aug 2022 23:38:29 +0000 https://thelandreport.c51dev.com/?p=57277 Read more HERE.]]> 57277 0 0 0 18481 https://accounts.binance.com/en/register-person?ref=V2H9AFPY 0 0 https://landreport.com/2022/08/new-report-sounds-alarm-for-action-on-us-ranchland/ Tue, 02 Aug 2022 23:39:07 +0000 https://thelandreport.c51dev.com/?p=57280 Farms Under Threat 2040, a data analysis that paints a dire picture of what could happen if action is not taken to safeguard US farmland. According to the report, every day from 2001 to 2016, the nation lost or compromised 2,000 acres of agricultural land. Projections show that from 2016 to 2040 the US will do the same to 18 million acres of farmland and ranchland if action is not taken, culminating in a total of more than 24 million lost acres. However, the report offers cities solutions to save up to 13.5 million acres through the practice of smarter, safer growth. AFT's report features a web mapping tool that identifies where agricultural land has been converted into urban areas and highlights varied solutions that center on community efforts and managing urban sprawl. Landowners can secure conservation easements, and land developers can restore urban communities. Citizens can support local land trusts, buy locally produced foods, and take part in local government decisions. Read more HERE.]]> 57280 0 0 0 https://landreport.com/2022/08/jackson-hole-ranch/ Tue, 16 Aug 2022 00:00:58 +0000 https://landreport.com/?p=57336 A 233-acre Jackson Hole Ranch that was listed for $35 million sold within eight days of coming to market. Latham Jenkins with Live Water Properties listed the trophy property, which ranks as one of the largest sales in Jackson Hole in 2022, and Jeff Hubbard of Mirr Ranch Group represented the buyer. Bordering Grand Teton National Park and a short drive from downtown Jackson, the property contains almost a mile of Snake River frontage, a blue ribbon fishery, a cross-country trail system, and more than 100 species of wildlife, including a resident elk herd. Improvements include a 4,800-square-foot main residence with five bedrooms and six bathrooms and a 2,070-square-foot cabin with four bedrooms and two baths.

]]> 57336 0 0 0 A 233-acre Jackson Hole Ranch that was listed for $35 million sold within eight days of coming to market. Latham Jenkins with <\/b>Live Water Properties<\/a> <\/b>listed the trophy property, which ranks as one of the largest sales in Jackson Hole in 2022, and Jeff Hubbard of Mirr Ranch Group<\/a> represented the buyer. Bordering Grand Teton National Park and a short drive from downtown Jackson, the property contains almost a mile of Snake River frontage, a blue ribbon fishery, a cross-country trail system, and more than 100 species of wildlife, including a resident elk herd. Improvements include a 4,800-square-foot main residence with five bedrooms and six bathrooms and a 2,070-square-foot cabin with four bedrooms and two baths.<\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"10e34fa"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2022/08/finger-lakes-land-trust-protects-skaneateles-lake/ Tue, 02 Aug 2022 16:10:37 +0000 https://landreport.com/?p=57516 Read more HERE.]]> 57516 0 0 0 https://landreport.com/2022/08/black-farmer-encourages-others/ Tue, 02 Aug 2022 16:14:45 +0000 https://landreport.com/?p=57518 discrimination against Black farmers, Stanley still faced obstacles while establishing her own farm. Many black farmers share her experience. Studies have shown paths toward supporting black-owned farms that go beyond personal growth. According to Stanley, she wants to approach farming as “being reparative, in the sense that it’s reconnecting us to the land and doing it through medicinal plants, which before there were all these pharmaceuticals that’s what we’d use, that’s what we’d turn to.” Read more HERE.]]> 57518 0 0 0 https://landreport.com/2022/08/rebranding-beavers/ Mon, 15 Aug 2022 19:21:00 +0000 https://landreport.com/?p=58305 A growing number of landowners have shifted their perception of how beavers can help protect the environment as the American landscape faces increased and intensifying drought, floods, and wildfires. Beavers can pool water during droughts to provide adequate water for cattle and, conversely, build a vast network of complex dams to protect crops from oversaturation. Their efforts reduce erosion, recharge groundwater, and sometimes pull carbon out of the atmosphere. The Bureau of Land Management has taken notice and is working with partners across the American West to build beaver-like dams. In Virginia, landowners are working to lure beavers to help clean water that flows into Chesapeake Bay. Read more HERE.]]> 58305 0 0 0 https://landreport.com/2022/08/land-report-august-2022-newsletter/ Mon, 15 Aug 2022 06:00:37 +0000 https://landreport.com/?p=58610 Our August Newsletter features:

• Lawton Farms Sells For $18.6 Million
• Wyoming Bar Cross Ranch Hits the Market
• Collins Timber Acquires 58,000 Acres
• Santa Barbara Seaside Polo Ranch for Sale

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 58610 0 0 0 https://landreport.com/2022/09/taylor-sheridan-takes-the-reins-at-the-four-sixes/ Thu, 01 Sep 2022 06:00:55 +0000 https://landreport.com/?p=18190 As transactions go, the 2021 Deal of the Year didn't break from the gate quickly. In the words of United Country broker Don Bell, “There was a long gestation period,” as Taylor Sheridan and his partners navigated a pandemic while inventorying a ranch that had been in the same family since 1870. But by January 2022, the Oscar-nominated writer and creative force behind Yellowstone and 1883 prevailed. The change of hands marks a tectonic shift in a world where the Sixes has set the highest standards of excellence and innovation. For the seller, price was not the lone consideration. Equally important was that the new owner acquire all three divisions of the ranch — the 142,372-acre Headquarters at Guthrie, 114,455-acre Dixon Creek in the Texas Panhandle, and 9,428-acre Frisco Creek just south of the Oklahoma state line. There was going to be no cherry picking the Sixes. It was all or none.

History of the Four Sixes

In 1869, 19-year-old ­Samuel Burk Burnett purchased 100 Texas Longhorns from Frank ­Crowley in Denton, Texas. The iconic “open running six, or Four Sixes” brand came with the cattle. Over the next few years, the young cattleman grew his herd and acquired thousands of acres northwest of present-day Wichita Falls for as little as 25 cents an acre. Comanche and Kiowa raids were an ever-present threat as were the boom-and-bust cycles of ­cattle prices. During the disastrous drought of the late 1880s, hundreds of ranchers went broke as thousands of cattle perished. Not Burk Burnett and Dan Waggoner. They and other savvy cowmen leased lightly grazed Comanche and Kiowa ground for 6½ cents per acre.

In 1900, Burnett brought his herd to a 140,000-acre tract he bought from the Louisville Cattle Company in King County. Two years later, he added 110,000 acres along Dixon Creek in ­Carson and Hutchinson Counties. When the era of open-range grazing ended, his Longhorns were gone, replaced with registered Shorthorns and Herefords. Burnett ultimately ran pure Herefords.

[caption id="attachment_18456" align="alignleft" width="300"] The Four Sixes is impeccably taken care of and vigorously managed and looks like it did when it was founded in 1870.[/caption]

In 1921, drillers struck oil at Dixon Creek, which became one of the largest gas fields in the US. Crude from that first well flowed for half a century. Upon his death in 1922, Burk ­Burnett’s estate was held in trust for his son Tom’s yet unborn child, Anne Valliant Burnett. Fifty-eight years later when “Miss Anne” died in 1980, her only daughter, Anne Windfohr Marion, inherited the Burnett empire, which included not only the Four Sixes but the Triangle Ranch as well.

Thanks to her grandfather, the Sixes had established a reputation for superb ranch horses. Anne Marion did more than just continue that tradition. She transformed the Quarter Horse industry. In 1982, she hired Dr. Glenn “Doc” Blodgett DVM to upgrade the ranch’s horse program from pasture breeding to artificial insemination. Under Blodgett’s leadership, the Sixes stood top studs including Special Effect, Streakin Six, and the legendary Dash for Cash. In 1994, Doc performed the first embryo transplants and eventually grew the stallion battery from six to 20. In recent years, Sixes stallions have bred some 1,500 mares annually, on-site and by ­shipping frozen semen.
In 2016, Burnett Ranches added Frisco Creek to serve as a weaning ground for fall calves prior to shipping.

Away from the ranch, Yellowstone was becoming the most popular series on television. Taylor Sheridan wanted to feature a real-life ranch to a public hungry for all things Western. “I think the audience is ready to see an element of this show that’s just about ranching,” he says. “There’s no one trying to take the land. It’s just, ‘Here is a day in the life of a ranch.’ And if you’re going to show the most storied ranch in America, you have to start with the Four Sixes.”

Meeting Anne Marion

After setting his sights on connecting with someone at the Sixes, Sheridan reached out to a friend, Randy Bloomer. As the owner of Bloomer Trailer Manufacturing, the Texan knows everyone who is anyone in the Quarter Horse world. And that includes at the Sixes. At Sheridan’s request, Bloomer arranged what turned out to be a memorable meeting with Sixes General Manager Joe Leathers and Horse Division Manager Doc Blodgett.

“Joe and Doc took me in the cook shack, sat me down, and gave me a lecture on Los Angeles folks and immorality,” Sheridan recalls with a grin and a laugh.

“I said, ‘Guys, whoa! I’m from Texas. I’m here to tell the story of this ranch. If we don’t educate people about this way of life, it’s going to go away.’

Joe stormed off. I turned to Doc and said, ‘Trust me, please. Just watch Yellowstone.’

He said, ‘Oh, we’ve seen every episode.’” Sheridan passed muster.

Soon afterward, he got a call from Anne Marion. “She said, ‘I don’t want any violence or sex.’ I said, ‘There won’t be any violence but just a little sex.’ She laughed and said, ‘OK, I trust you.’ I said, ‘Thank you. I understand the magnitude of what I’m asking. I’ll take good care of the ranch.’”

Unfortunately, Anne Marion did not live to see the stories filmed on her ranch. On February 12, 2020, after 40 years at the helm of the Four Sixes, she died at 81. Per her will, the ranch would not pass to another heir. When it came time to market the Sixes, the list of brokers was one name long. Sam Middleton had spent decades working directly with Anne Marion, acquiring and selling land. In December 2020, he took on her final assignment.

[caption id="attachment_18455" align="alignright" width="550"] According to Sheridan, the Sixes is one of the top five Angus cattle ranches in the country. He hopes to increasingly serve the growing pasture-to-plate demand.[/caption]

Four Sixes Comes to Market

From Architectural Digest to the Wall Street Journal, news of the $341 million listing by Chas. S. ­Middleton and Son went global. The ensuing hunt for potential buyers had all the makings of a calf scramble: high hopes at the beginning and more than a few broken hearts when it was over.

For Don Bell, the Sixes represented a once-in-a-lifetime opportunity. A seven-time American Quarter Horse Association (AQHA) World Champion, Bell currently serves as an AQHA director at large. Since closing the door to his show horse business, he has built Don Bell Properties into a leader in the United Country Real Estate network by specializing in equestrian properties in the horse country west of Fort Worth.

Bell knew Taylor Sheridan through his connections in the cutting horse community. He mentioned this to his business partner, Milt Bradford, and they agreed that Sheridan would be an ideal buyer for the ranch­ — someone interested in all three divisions.

Sheridan says, “Milt Bradford called and said that he and Don Bell had been trying to find someone who will maintain Ms. Marion’s vision and continue the legacy. Milt said, ‘We think that would be you.’ I said, ‘I’ll buy it. How much?’ They said, ‘$350 million.’ I said, ‘I’m about $320 million short. Give me a couple weeks.’” Sheridan put together a group of investors, crafted an offer, and got the Sixes under contract. Then the COVID-19 pandemic hit. When production on Yellowstone shut down, he made the most of his downtime. “I wrote a bunch,” Sheridan says.

“I sold enough scripts that I was able to become the majority owner in the partnership.” “It was a long gestation period on this one, a lesson in patience,” Bell says. “We had a lot of speed bumps along the way, which is normal for a transaction of this size. There was a lot of material to be reviewed and a lot of trademark stuff.”

Taylor Sheridan Takes Over

“The Sixes is an extremely well-managed ranch,” Sheridan says at Dixon Creek’s headquarters. “Ms. Marion wanted to be a steward of the land. She didn’t need to make a profit. I feel the same way, but I don’t own an oil company. I need this ranch to be profitable, and we have ways of doing that without altering that legacy.”

According to Sheridan, the Sixes is one of the top five Angus cattle ranches in the country. He hopes to increasingly serve the growing pasture-to-plate demand. “COVID changed everything about our economy. It compelled people to use their computer to find things for themselves. And a lot of them have learned that the product is actually better, and they know where it comes from.”

[caption id="attachment_18454" align="alignleft" width="300"] CLASSIC KLAPPERS
Taylor Sheridan’s own spurs were handcrafted by the master, Billy Klapper, at his forge in Pampa, Texas, just east of Dixon Creek.[/caption]

The aggressive fight against invasive brush will continue. “You can go to Guthrie and look out over tens of thousands of acres with no mesquite, no juniper, the same native grasses the buffalo grazed 300 years ago,” Sheridan says.

The Texan grew up on a family ranch at Cranfills Gap. He describes his horse obsession as “a family addiction.” In keeping with Doc Blodgett’s philosophy, he considers constant refinement the only path to continued success. “I think the Sixes produces the best ranch horses in the world, and based on the annual Return to the Remuda Sale, the world agrees. But we can’t just produce show horses. Our horses need to be able to long-trot out for 45 minutes, gather for an hour, cut 1,600-pound bulls out, and drag 50 calves to the fire. You’re always looking to improve genetics.”

The Burnett era was characterized by excellence and innovation balanced with continuity. Sheridan, whose Texas roots go back to the 1850s, anticipates ­“deliberate, thoughtful evolution of the ranch” in keeping with its legacy. “The Burnett family stewarded this ranch from its founding in 1870 until 2021,” he says. “Now it’s my job, then the job of my son, and the job of his son or daughter after him.”

]]> 52548 0 0 0 The creative force behind Yellowstone becomes the new owner of the Four Sixes.

]]> As<\/span>\u00a0<\/span>transactions go, the 2021 Deal of the Year didn't break from the gate quickly. In the words of United Country broker Don Bell, \u201cThere was a long gestation period,\u201d as Taylor Sheridan and his partners navigated a pandemic while inventorying a ranch that had been in the same family since 1870. But by January 2022, the Oscar-nominated writer and creative force behind <\/span>Yellowstone<\/i><\/span> and <\/span>1883<\/i><\/span> prevailed. The change of hands marks a tectonic shift in a world where the Sixes has set the highest standards of excellence and innovation. For the seller, price was not the lone consideration. Equally important was that the new owner acquire all three divisions of the ranch \u2014 the 142,372-acre Headquarters at Guthrie, 114,455-acre Dixon Creek in the Texas Panhandle, and 9,428-acre Frisco Creek just south of the Oklahoma state line. There was going to be no cherry picking the Sixes. It was all or none.<\/span><\/p>

History of the Four Sixes<\/strong><\/h2>

In 1869, 19-year-old \u00adSamuel Burk Burnett purchased 100 Texas Longhorns from Frank \u00adCrowley in Denton, Texas. The iconic \u201copen running six, or Four Sixes\u201d brand came with the cattle. Over the next few years, the young cattleman grew his herd and acquired thousands of acres northwest of present-day Wichita Falls for as little as 25 cents an acre. Comanche and Kiowa raids were an ever-present threat as were the boom-and-bust cycles of \u00adcattle prices. During the disastrous drought of the late 1880s, hundreds of ranchers went broke as thousands of cattle perished. Not Burk Burnett<\/strong><\/a> and Dan Waggoner<\/strong><\/a>. They and other savvy cowmen leased lightly grazed Comanche and Kiowa ground for 6\u00bd cents per acre.<\/p>

In 1900, Burnett brought his herd to a 140,000-acre tract he bought from the Louisville Cattle Company in King County. Two years later, he added 110,000 acres along Dixon Creek in \u00adCarson and Hutchinson Counties. When the era of open-range grazing ended, his Longhorns were gone, replaced with registered Shorthorns and Herefords. Burnett ultimately ran pure Herefords.<\/p>[caption id=\"attachment_18456\" align=\"alignleft\" width=\"300\"] The Four Sixes is impeccably taken care of and vigorously managed and looks like it did when it was founded in 1870.[\/caption]

In 1921, drillers struck oil at Dixon Creek, which became one of the largest gas fields in the US. Crude from that first well flowed for half a century. Upon his death in 1922, Burk \u00adBurnett\u2019s estate was held in trust for his son Tom\u2019s yet unborn child, Anne Valliant Burnett. Fifty-eight years later when \u201cMiss Anne\u201d died in 1980, her only daughter, Anne Windfohr Marion, inherited the Burnett empire, which included not only the Four Sixes but the Triangle Ranch as well.<\/p>

Thanks to her grandfather, the Sixes had established a reputation for superb ranch horses. Anne Marion did more than just continue that tradition. She transformed the Quarter Horse industry. In 1982, she hired Dr. Glenn \u201cDoc\u201d Blodgett DVM to upgrade the ranch\u2019s horse program from pasture breeding to artificial insemination. Under Blodgett\u2019s leadership, the Sixes stood top studs including Special Effect, Streakin Six, and the legendary Dash for Cash. In 1994, Doc performed the first embryo transplants and eventually grew the stallion battery from six to 20. In recent years, Sixes stallions have bred some 1,500 mares annually, on-site and by \u00adshipping frozen semen.
In 2016, Burnett Ranches added Frisco Creek to serve as a weaning ground for fall calves prior to shipping.<\/p>

Away from the ranch, Yellowstone<\/em> was becoming the most popular series on television. Taylor Sheridan wanted to feature a real-life ranch to a public hungry for all things Western. \u201cI think the audience is ready to see an element of this show that\u2019s just about ranching,\u201d he says. \u201cThere\u2019s no one trying to take the land. It\u2019s just, \u2018Here is a day in the life of a ranch.\u2019 And if you\u2019re going to show the most storied ranch in America, you have to start with the Four Sixes.\u201d<\/p>

Meeting Anne Marion<\/strong><\/h2>

After setting his sights on connecting with someone at the Sixes, Sheridan reached out to a friend, Randy Bloomer. As the owner of Bloomer Trailer Manufacturing, the Texan knows everyone who is anyone in the Quarter Horse world. And that includes at the Sixes. At Sheridan\u2019s request, Bloomer arranged what turned out to be a memorable meeting with Sixes General Manager Joe Leathers and Horse Division Manager Doc Blodgett.<\/p>

\u201cJoe and Doc took me in the cook shack, sat me down, and gave me a lecture on Los Angeles folks and immorality,\u201d Sheridan recalls with a grin and a laugh.<\/p>

\u201cI said, \u2018Guys, whoa! I\u2019m from Texas. I\u2019m here to tell the story of this ranch. If we don\u2019t educate people about this way of life, it\u2019s going to go away.\u2019<\/p>

Joe stormed off. I turned to Doc and said, \u2018Trust me, please. Just watch Yellowstone<\/em>.\u2019<\/p>

He said, \u2018Oh, we\u2019ve seen every episode.\u2019\u201d Sheridan passed muster.<\/p>

Soon afterward, he got a call from Anne Marion. \u201cShe said, \u2018I don\u2019t want any violence or sex.\u2019 I said, \u2018There won\u2019t be any violence but just a little sex.\u2019 She laughed and said, \u2018OK, I trust you.\u2019 I said, \u2018Thank you. I understand the magnitude of what I\u2019m asking. I\u2019ll take good care of the ranch.\u2019\u201d<\/p>

Unfortunately, Anne Marion did not live to see the stories filmed on her ranch. On February 12, 2020, after 40 years at the helm of the Four Sixes, she died at 81. Per her will, the ranch would not pass to another heir. When it came time to market the Sixes, the list of brokers was one name long. Sam Middleton<\/strong><\/a> had spent decades working directly with Anne Marion, acquiring and selling land. In December 2020, he took on her final assignment.<\/p>[caption id=\"attachment_18455\" align=\"alignright\" width=\"550\"] According to Sheridan, the Sixes is one of the top five Angus cattle ranches in the country. He hopes to increasingly serve the growing pasture-to-plate demand.[\/caption]

Four Sixes Comes to Market<\/strong><\/h2>

From Architectural Digest<\/em> to the Wall Street Journal<\/em>, news of the $341 million listing by Chas. S. \u00adMiddleton and Son<\/strong><\/a> went global. The ensuing hunt for potential buyers had all the makings of a calf scramble: high hopes at the beginning and more than a few broken hearts when it was over.<\/p>

For Don Bell<\/strong><\/a>, the Sixes represented a once-in-a-lifetime opportunity. A seven-time American Quarter Horse Association (AQHA) World Champion, Bell currently serves as an AQHA director at large. Since closing the door to his show horse business, he has built Don Bell Properties<\/strong><\/a> into a leader in the United Country Real Estate network by specializing in equestrian properties in the horse country west of Fort Worth.<\/p>

Bell knew Taylor Sheridan through his connections in the cutting horse community. He mentioned this to his business partner, Milt Bradford, and they agreed that Sheridan would be an ideal buyer for the ranch\u00ad \u2014 someone interested in all three divisions.<\/p>

Sheridan says, \u201cMilt Bradford called and said that he and Don Bell had been trying to find someone who will maintain Ms. Marion\u2019s vision and continue the legacy. Milt said, \u2018We think that would be you.\u2019 I said, \u2018I\u2019ll buy it. How much?\u2019 They said, \u2018$350 million.\u2019 I said, \u2018I\u2019m about $320 million short. Give me a couple weeks.\u2019\u201d Sheridan put together a group of investors, crafted an offer, and got the Sixes under contract. Then the COVID-19 pandemic hit. When production on Yellowstone<\/em> shut down, he made the most of his downtime. \u201cI wrote a bunch,\u201d Sheridan says.<\/p>

\u201cI sold enough scripts that I was able to become the majority owner in the partnership.\u201d \u201cIt was a long gestation period on this one, a lesson in patience,\u201d Bell says. \u201cWe had a lot of speed bumps along the way, which is normal for a transaction of this size. There was a lot of material to be reviewed and a lot of trademark stuff.\u201d<\/p>

Taylor Sheridan Takes Over<\/strong><\/h2>

\u201cThe Sixes is an extremely well-managed ranch,\u201d Sheridan says at Dixon Creek\u2019s headquarters. \u201cMs. Marion wanted to be a steward of the land. She didn\u2019t need to make a profit. I feel the same way, but I don\u2019t own an oil company. I need this ranch to be profitable, and we have ways of doing that without altering that legacy.\u201d<\/p>

According to Sheridan, the Sixes is one of the top five Angus cattle ranches in the country. He hopes to increasingly serve the growing pasture-to-plate demand. \u201cCOVID changed everything about our economy. It compelled people to use their computer to find things for themselves. And a lot of them have learned that the product is actually better, and they know where it comes from.\u201d<\/p>[caption id=\"attachment_18454\" align=\"alignleft\" width=\"300\"] CLASSIC KLAPPERS
Taylor Sheridan\u2019s own spurs were handcrafted by the master, Billy Klapper, at his forge in Pampa, Texas, just east of Dixon Creek.[\/caption]

The aggressive fight against invasive brush will continue. \u201cYou can go to Guthrie and look out over tens of thousands of acres with no mesquite, no juniper, the same native grasses the buffalo grazed 300 years ago,\u201d Sheridan says.<\/p>

The Texan grew up on a family ranch at Cranfills Gap. He describes his horse obsession as \u201ca family addiction.\u201d In keeping with Doc Blodgett\u2019s philosophy, he considers constant refinement the only path to continued success. \u201cI think the Sixes produces the best ranch horses in the world, and based on the annual Return to the Remuda Sale, the world agrees. But we can\u2019t just produce show horses. Our horses need to be able to long-trot out for 45 minutes, gather for an hour, cut 1,600-pound bulls out, and drag 50 calves to the fire. You\u2019re always looking to improve genetics.\u201d<\/p>

The Burnett era was characterized by excellence and innovation balanced with continuity. Sheridan, whose Texas roots go back to the 1850s, anticipates \u00ad\u201cdeliberate, thoughtful evolution of the ranch\u201d in keeping with its legacy. \u201cThe Burnett family stewarded this ranch from its founding in 1870 until 2021,\u201d he says. \u201cNow it\u2019s my job, then the job of my son, and the job of his son or daughter after him.\u201d <\/span><\/span><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"200cda8","display_condition_date":"21-09-2022","display_condition_date_range":"21-09-2022 to 23-09-2022","display_condition_advanced_date":"21-09-2022"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2022/08/bar-cross-ranch/ Tue, 23 Aug 2022 16:08:26 +0000 https://thelandreport.c51dev.com/?p=56801 Framed by the majestic peaks of the Wind River Mountain Range, the Bar Cross Ranch operates on over 35,000 acres. Located in Sublette County, just 15 miles north of Pinedale and 60 miles south of Jackson Hole, the ranch is comprised of 12,035 essentially contiguous deeded acres. The Bar Cross is one of Wyoming’s historic reputation ranches offering the highly sought-after combination of a robust and productive cattle operation, world-class fishing and hunting, and direct “out the gate” access to millions of acres in the adjacent Bridger Teton National Forest and Bridger Wilderness.

Rich in water resources, there are two and a half miles of New Fork River frontage offering true blue-ribbon quality trout fishing, around eight miles of Willow Creek, a quarter-mile of frontage on Willow Lake, and numerous ponds throughout - including a 40 acre lake. Historically run as a balanced cow/calf operation, the ranch has transitioned into a yearling operation in recent years. In 2021, which was one of the driest years ever recorded, the ranch ran 2,300 yearlings on the deeded acreage, the three contiguous private U. S. Forest Service permits, two BLM leases, and two state leases.

As part of the Upper Green River Watershed, abundant and senior water rights provide for the 3,464 acres of irrigated and sub-irrigated meadows. The original Bar Cross ranch improvements located along the banks of the New Fork River include a four-bedroom, three-and-a-half-bath, owner’s home and bunkhouse, both of which were completely renovated in 2019. Other improvements at this site and at the Willow Creek site include a ranch manager’s home, an additional bunkhouse, a foreman’s house, two barns, large and small shops, and numerous outbuildings. 

Virtually every important building on the ranch as well as the livestock infrastructure - such as fences, water development, and working corrals - has been built or renovated in the last five years to an exacting standard. In summary, this is a ranch that is completely ready for a new owner to move into with no fear of deferred maintenance and an outstanding management team in place.

https://youtu.be/LF0X5pdMZMM View Full Listing

Hall and Hall

James H. Taylor

(406) 656-7500

Learn More ]]> 56801 0 0 0 Framed by the majestic peaks of the Wind River Mountain Range, the Bar Cross Ranch operates on over 35,000 acres. Located in Sublette County, just 15 miles north of Pinedale and 60 miles south of Jackson Hole, the ranch is comprised of 12,035 essentially contiguous deeded acres. The Bar Cross is one of Wyoming\u2019s historic reputation ranches offering the highly sought-after combination of a robust and productive cattle operation, world-class fishing and hunting, and direct \u201cout the gate\u201d access to millions of acres in the adjacent Bridger Teton National Forest and Bridger Wilderness.<\/p>

Rich in water resources, there are two and a half miles of New Fork River frontage offering true blue-ribbon quality trout fishing, around eight miles of Willow Creek, a quarter-mile of frontage on Willow Lake, and numerous ponds throughout - including a 40 acre lake. Historically run as a balanced cow\/calf operation, the ranch has transitioned into a yearling operation in recent years. In 2021, which was one of the driest years ever recorded, the ranch ran 2,300 yearlings on the deeded acreage, the three contiguous private U. S. Forest Service permits, two BLM leases, and two state leases.<\/span><\/p>

As part of the Upper Green River Watershed, abundant and senior water rights provide for the 3,464 acres of irrigated and sub-irrigated meadows. The original Bar Cross ranch improvements located along the banks of the New Fork River include a four-bedroom, three-and-a-half-bath, owner\u2019s home and bunkhouse, both of which were completely renovated in 2019. Other improvements at this site and at the Willow Creek site include a ranch manager\u2019s home, an additional bunkhouse, a foreman\u2019s house, two barns, large and small shops, and numerous outbuildings.\u00a0<\/span><\/p>

Virtually every important building on the ranch as well as the livestock infrastructure - such as fences, water development, and working corrals - has been built or renovated in the last five years to an exacting standard. In summary, this is a ranch that is completely ready for a new owner to move into with no fear of deferred maintenance and an outstanding management team in place. <\/span><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"98c3b20"}],"drop_cap":"yes"},"elements":[],"widgetType":"text-editor"},{"id":"c717d1d","elType":"widget","settings":{"youtube_url":"https:\/\/youtu.be\/LF0X5pdMZMM","vimeo_url":"https:\/\/vimeo.com\/235215203","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0265898"}]},"elements":[],"widgetType":"video"}],"isInner":false}],"isInner":false},{"id":"837cbe6","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"5043215"}],"margin":{"unit":"px","top":"20","right":0,"bottom":"20","left":0,"isLinked":false}},"elements":[{"id":"40abb32","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d52acd8"}]},"elements":[{"id":"65ba75f","elType":"widget","settings":{"text":"View Full Listing","link":{"url":"https:\/\/hallhall.com\/property-for-sale\/wyoming\/bar-cross-ranch\/a095d00002NRjLU\/","is_external":"on","nofollow":"","custom_attributes":""},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6aee588"}]},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false},{"id":"7f3fb574","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"5ce7abf0","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}]},"elements":[{"id":"fa86cb3","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/HallandHallLogo_150x150.png","id":56815,"alt":"","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}],"image_size":"thumbnail"},"elements":[],"widgetType":"image"},{"id":"47021d9","elType":"widget","settings":{"title":"Hall and Hall","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60"}]},"elements":[],"widgetType":"heading"},{"id":"55036a7b","elType":"widget","settings":{"editor":"

James H. Taylor<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"700166e","elType":"widget","settings":{"editor":"

(406) 656-7500<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"b94eadd","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/hallhall.com\/","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true}]]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> https://landreport.com/2022/08/turkey-track-ranch/ Tue, 23 Aug 2022 16:32:03 +0000 https://thelandreport.c51dev.com/?p=56819 Nearly 80,000 acres under one fence, the historic "Prize of the Panhandle" is the legacy of Coble/Whittenburg empire. Known for natural resources and site of Battles of Adobe Walls of 1864 and 1874. The decision to sell comes after twelve decades of stewardship. Icon Global to market.

The Turkey Track Ranch was pioneered in the era of legendary WT Waggoner, 6666, and Goodnight Ranches. Boasting almost 80,000 acres under one fence and some 26 miles of Canadian River frontage, the ranch is a rare confluence of natural resources; containing an abundance of water, productive fertile grasslands, and diverse wildlife -set within rolling and rugged topography of mesas, draws, valleys and vistas interposed with open rangeland -epitomizing the western ranch lifestyle and famed fertile buffalo plains of yesteryear.

For the first time in over a century, this rare combination of history, heritage, and natural resources will change hands. The momentous decision was announced today by the Whittenburg and Coble families:

"It is with careful consideration and great emotion that we announce that, after 120 years of stewardship by our family, we have decided to sell our historic Turkey Track Ranch in the Texas Panhandle. For over a century this American landmark has been an integral element of our heritage. Generations of Coble's and Whittenburg's have created lifetimes of memories on the Turkey Track. Due to our family's increasing numbers and geographical distances, we recognize that it is time to find a new steward for this historic holding. We have enlisted Bernard Uechtritz of the Icon Global Group in Dallas to bring the Turkey Track to market in the latter half of 2021.

The ranch has and will forever hold not only the monuments, memories, and legacies of our now multigenerational families but, significantly, maintains a very important place within the well-chronicled chapters of early Texas and US history; similarly, the ranch and its past stewards hold a prideful and acknowledged position of contributions to the evolution of modern-day ranching and cattle raising industries, as well as the Oil & Gas sectors of our great state." - The Coble & Whittenburg Families.

https://vimeo.com/738397956 View Full Listing

Icon Global

(214) 855-4000

Learn More ]]> 56819 0 0 0 Nearly 80,000 acres under one fence, the historic \"Prize of the Panhandle\" is the legacy of Coble\/Whittenburg empire. Known for natural resources and site of Battles of Adobe Walls of 1864 and 1874. The decision to sell comes after twelve decades of stewardship. Icon Global to market.<\/p>

The Turkey Track Ranch was pioneered in the era of legendary WT Waggoner, 6666, and Goodnight Ranches. Boasting almost 80,000 acres under one fence and some 26 miles of Canadian River frontage, the ranch is a rare confluence of natural resources; containing an abundance of water, productive fertile grasslands, and diverse wildlife -set within rolling and rugged topography of mesas, draws, valleys and vistas interposed with open rangeland -epitomizing the western ranch lifestyle and famed fertile buffalo plains of yesteryear.<\/p>

For the first time in over a century, this rare combination of history, heritage, and natural resources will change hands. The momentous decision was announced today by the Whittenburg and Coble families:<\/p>

\"It is with careful consideration and great emotion that we announce that, after 120 years of stewardship by our family, we have decided to sell our historic Turkey Track Ranch in the Texas Panhandle. For over a century this American landmark has been an integral element of our heritage. Generations of Coble's and Whittenburg's have created lifetimes of memories on the Turkey Track. Due to our family's increasing numbers and geographical distances, we recognize that it is time to find a new steward for this historic holding. We have enlisted Bernard Uechtritz of the Icon Global Group in Dallas to bring the Turkey Track to market in the latter half of 2021.<\/p>

The ranch has and will forever hold not only the monuments, memories, and legacies of our now multigenerational families but, significantly, maintains a very important place within the well-chronicled chapters of early Texas and US history; similarly, the ranch and its past stewards hold a prideful and acknowledged position of contributions to the evolution of modern-day ranching and cattle raising industries, as well as the Oil & Gas sectors of our great state.\" - The Coble & Whittenburg Families. <\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"98c3b20","display_condition_date":"22-09-2022","display_condition_date_range":"22-09-2022 to 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Global","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60","display_condition_date":"22-09-2022","display_condition_date_range":"22-09-2022 to 24-09-2022","display_condition_advanced_date":"22-09-2022"}]},"elements":[],"widgetType":"heading"},{"id":"55036a7b","elType":"widget","settings":{"editor":"","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c","display_condition_date":"22-09-2022","display_condition_date_range":"22-09-2022 to 24-09-2022","display_condition_advanced_date":"22-09-2022"}]},"elements":[],"widgetType":"text-editor"},{"id":"700166e","elType":"widget","settings":{"editor":"

(214) 855-4000<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23","display_condition_date":"22-09-2022","display_condition_date_range":"22-09-2022 to 24-09-2022","display_condition_advanced_date":"22-09-2022"}]},"elements":[],"widgetType":"text-editor"},{"id":"b94eadd","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/www.icon.global\/","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de","display_condition_date":"22-09-2022","display_condition_date_range":"22-09-2022 to 24-09-2022","display_condition_advanced_date":"22-09-2022"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true}]]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> https://landreport.com/2022/08/adena-springs/ Tue, 23 Aug 2022 16:51:27 +0000 https://thelandreport.c51dev.com/?p=56836 Designed for Horsemen by Horsemen

• Highly improved multi-use farm or equestrian facility - subdivision possible
• Selling as one parcel or subdivided
• 3.32 miles of road frontage
• Office & stallion complex
• 10 large 3 stall run-in sheds
• 7 breeding barns | 250 stalls
• Quarantine barn
• Hay barns
• 40’x60’ equipment building
• 24-unit employee compound
• Multiple Executive Homes
• 5 entrances
• Extensive landscaping
• 20 miles of blacktop paved roads
• 80 miles of 4-board & diamond mesh horse fencing

https://vimeo.com/738383604 View Full Listing

Icon Global

(214) 855-4000

Learn More ]]> 56836 0 0 0 Designed for Horsemen by Horsemen

<\/h3>\n

\n
• Highly improved multi-use farm or equestrian facility - subdivision possible<\/li>\n
• Selling as one parcel or subdivided<\/li>\n
• 3.32 miles of road frontage<\/li>\n
• Office & stallion complex<\/li>\n
• 10 large 3 stall run-in sheds<\/li>\n
• 7 breeding barns | 250 stalls<\/li>\n
• Quarantine barn<\/li>\n
• Hay barns<\/li>\n
• 40\u2019x60\u2019 equipment building<\/li>\n
• 24-unit employee compound<\/li>\n
• Multiple Executive Homes<\/li>\n
• 5 entrances<\/li>\n
• Extensive landscaping<\/li>\n
• 20 miles of blacktop paved roads<\/li>\n
• 80 miles of 4-board & diamond mesh horse fencing<\/li>\n<\/ul>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"98c3b20"}]},"elements":[],"widgetType":"text-editor"},{"id":"c717d1d","elType":"widget","settings":{"youtube_url":"https:\/\/vimeo.com\/738397956","vimeo_url":"https:\/\/vimeo.com\/738383604","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0265898"}],"video_type":"vimeo"},"elements":[],"widgetType":"video"}],"isInner":false}],"isInner":false},{"id":"837cbe6","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"5043215"}],"margin":{"unit":"px","top":"20","right":0,"bottom":"20","left":0,"isLinked":false}},"elements":[{"id":"40abb32","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d52acd8"}]},"elements":[{"id":"65ba75f","elType":"widget","settings":{"text":"View Full Listing","link":{"url":"https:\/\/www.icon.global\/adena-springs","is_external":"on","nofollow":"","custom_attributes":""},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6aee588"}]},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false},{"id":"7f3fb574","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"5ce7abf0","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}]},"elements":[{"id":"fa86cb3","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/Icon.Global_Logo_150x150.png","id":56831,"alt":"","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}],"image_size":"thumbnail"},"elements":[],"widgetType":"image"},{"id":"47021d9","elType":"widget","settings":{"title":"Icon Global","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60"}]},"elements":[],"widgetType":"heading"},{"id":"55036a7b","elType":"widget","settings":{"editor":"","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"700166e","elType":"widget","settings":{"editor":"

  (214) 855-4000<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"b94eadd","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/www.icon.global\/","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true},{"id":"526efe7","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"25212c2"}]},"elements":[{"id":"226dcaa","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"f95387f"}]},"elements":[{"id":"4a8b569","elType":"widget","settings":{"text":"Divider","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6301ee4","display_condition_date":"21-08-2022","display_condition_date_range":"21-08-2022 to 23-08-2022","display_condition_advanced_date":"21-08-2022"}]},"elements":[],"widgetType":"divider"}],"isInner":false}],"isInner":false}]]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> https://landreport.com/2022/08/black-willow-ranch/ Tue, 23 Aug 2022 18:24:50 +0000 https://thelandreport.c51dev.com/?p=56855 https://vimeo.com/600464190 View Full Listing

  Icon Global

  (214) 855-4000 Learn More ]]> 56855 0 0 0 As the name implies Black Willow Trees line the Mora River as it meanders through the ranch. Imagine kayaking through the rock outcroppings and then drifting under the shade of the willows.<\/p>

  This ranch is both rugged and refined. It\u2019s wild yet tame. It\u2019s what makes it a One of One.<\/p>

  The history here is a tangible experience for guests. They are offered a glimpse into the past with the historically renovated homestead which includes the adobe barn, circa 1862. You can see and touch the history, hear the wildlife, feel the mountain wind, taste the seeds of the pinyon pine trees and smell nature as it should be \u2013 all natural.<\/p>

  This is where flocks of wild turkeys roam and seasonal herds of elk move through the rugged northern country. You will even find an occasional bear roaming the hillsides.<\/p>

  As a legacy family ranch this property offers a place for everyone, animals included. The multiple housing options provide the space needed to entertain along with offering privacy for family members to have their own space. No expense was spared with the recent infrastructure that was added. Quality roads and bridges were built to last a lifetime. This ranch has been preserved and conserved and is ready to be handed to the next steward. <\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"98c3b20"}],"drop_cap":"yes"},"elements":[],"widgetType":"text-editor"},{"id":"c717d1d","elType":"widget","settings":{"youtube_url":"https:\/\/vimeo.com\/738397956","vimeo_url":"https:\/\/vimeo.com\/600464190","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0265898"}],"video_type":"vimeo"},"elements":[],"widgetType":"video"}],"isInner":false}],"isInner":false},{"id":"837cbe6","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"5043215"}],"margin":{"unit":"px","top":"20","right":0,"bottom":"20","left":0,"isLinked":false}},"elements":[{"id":"40abb32","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d52acd8"}]},"elements":[{"id":"65ba75f","elType":"widget","settings":{"text":"View Full Listing","link":{"url":"https:\/\/www.icon.global\/black-willow-ranch","is_external":"on","nofollow":"","custom_attributes":""},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6aee588"}]},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false},{"id":"7f3fb574","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"5ce7abf0","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}]},"elements":[{"id":"fa86cb3","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/Icon.Global_Logo_150x150.png","id":56831,"alt":"","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}],"image_size":"thumbnail"},"elements":[],"widgetType":"image"},{"id":"47021d9","elType":"widget","settings":{"title":"Icon Global","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60"}]},"elements":[],"widgetType":"heading"},{"id":"55036a7b","elType":"widget","settings":{"editor":"","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"700166e","elType":"widget","settings":{"editor":"

  (214) 855-4000<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"b94eadd","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/www.icon.global\/","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true},{"id":"526efe7","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"25212c2"}]},"elements":[{"id":"226dcaa","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"f95387f"}]},"elements":[{"id":"4a8b569","elType":"widget","settings":{"text":"Divider","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6301ee4","display_condition_date":"21-08-2022","display_condition_date_range":"21-08-2022 to 23-08-2022","display_condition_advanced_date":"21-08-2022"}]},"elements":[],"widgetType":"divider"}],"isInner":false}],"isInner":false}]]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> https://landreport.com/2022/08/passage-island/ Tue, 23 Aug 2022 19:24:09 +0000 https://thelandreport.c51dev.com/?p=56879 https://vimeo.com/738352609 View Full Listing

  Fay Ranches

  Troy Dana (360) 402-5500 Learn More ]]> 56879 0 0 0 Passage Island was named in 1786 by Captain Portlock. The island was at the entrance of what was mistakenly thought to be a strait leading out to sea.<\/p>

  In the early 1900s, John Herbert established a fox farm on Passage Island for the fur trade. The foxes were fed local fish and marine mammals and ran loose around the island until they were ready to give birth. About a decade later, John retired, and the island became a mink ranch. An average pelt sold for eight dollars; when it closed, the owner sold off practically everything. Since then, the island has been virtually untouched.<\/p>

  Located 22 nautical miles southwest of the Homer Spit, Passage Island measures just over 44 acres with nearly 7,000 feet of water frontage. Reachable by float plane, boat, or helicopter at low tide, this private island offers a one-of-a-kind Alaska landowner experience.<\/p>

  Located in the protected inlet of Port Graham, Passage Island is surrounded by miles and miles of beaches and pristine blue water. Spruce trees populate 95 percent of the island and are estimated to be over 350 years old. The estimated timber volume is approximately 15-25 thousand board feet (MBF) per acre. At low tide, the water depth on the east and west side of the island is between 70 feet and 100 feet, just 150 feet-200 feet off the beach. The pebble beach is easily accessible on the island\u2019s west side.<\/p>

  Passage island offers scenic hiking, pebble beaches, 360 panoramic views, world-class fishing, beachcombing, rock climbing, and caves to explore. This private island is suitable for a deep-water dock or moorage. If you are an angler, fish off the island for salmon, halibut, rockfish, and lingcod, or head out to sea and experience the thrill of deep-water offshore fishing.<\/p>

  Build an off-grid home, lodge, or family retreat and wake up to the picturesque mountain views while whales, otters, and eagles visit you at your doorstep. <\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"98c3b20"}],"drop_cap":"yes"},"elements":[],"widgetType":"text-editor"},{"id":"c717d1d","elType":"widget","settings":{"youtube_url":"https:\/\/vimeo.com\/738397956","vimeo_url":"https:\/\/vimeo.com\/738352609","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0265898"}],"video_type":"vimeo"},"elements":[],"widgetType":"video"}],"isInner":false}],"isInner":false},{"id":"837cbe6","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"5043215"}],"margin":{"unit":"px","top":"20","right":0,"bottom":"20","left":0,"isLinked":false}},"elements":[{"id":"40abb32","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d52acd8"}]},"elements":[{"id":"65ba75f","elType":"widget","settings":{"text":"View Full Listing","link":{"url":"https:\/\/fayranches.com\/property\/passage-island-alaska\/","is_external":"on","nofollow":"","custom_attributes":""},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6aee588"}]},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false},{"id":"7f3fb574","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"5ce7abf0","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}]},"elements":[{"id":"fa86cb3","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/FayRanches_Logo_150x150.png","id":56916,"alt":"","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}],"image_size":"thumbnail"},"elements":[],"widgetType":"image"},{"id":"47021d9","elType":"widget","settings":{"title":"Fay Ranches","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60"}]},"elements":[],"widgetType":"heading"},{"id":"55036a7b","elType":"widget","settings":{"editor":"

  Troy Dana<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"700166e","elType":"widget","settings":{"editor":"

  (360) 402-5500<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"b94eadd","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/fayranches.com\/","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true},{"id":"526efe7","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"25212c2"}]},"elements":[{"id":"226dcaa","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"f95387f"}]},"elements":[{"id":"4a8b569","elType":"widget","settings":{"text":"Divider","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6301ee4","display_condition_date":"21-08-2022","display_condition_date_range":"21-08-2022 to 23-08-2022","display_condition_advanced_date":"21-08-2022"}]},"elements":[],"widgetType":"divider"}],"isInner":false}],"isInner":false}]]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> https://landreport.com/2022/08/cromwell-island/ Tue, 23 Aug 2022 19:09:17 +0000 https://thelandreport.c51dev.com/?p=56881 Like the cold, clear waters of Flathead Lake, mystique surrounds Cromwell Island. It overlooks the legendary Wild Horse Island, where Salish and Kootenai historically swam their horses to keep them safe from rival tribes. In the 1930s, construction started on a dam near Polson, Montana, at the outlet of the Flathead River. Prior to its completion, in periods of low water, Cromwell Island became a peninsula connected to the shore. It is all but certain that the Native Americans historically herded their horses onto this peninsula before swimming them across to Wild Horse. Today, Cromwell Island is a full-time island, the entirety of which is now for sale.

  Flathead Lake, with almost 200 square miles of surface area and 185 miles of shoreline, is the largest natural freshwater lake west of the Mississippi River — Yes, even bigger than Lake Tahoe! To our knowledge, Cromwell Island, with almost 350 acres and nearly three miles of shoreline, is the largest private island in freshwater west of the Mississippi River that is under a single ownership.

  Like Loch Ness, Flathead even has its own monster. While the lore of a huge antlered monster living in the lake is rooted in the ancient oral histories of the Kootenai Tribe, recorded sightings of the creature date back to 1889 when a steamboat captain along with 100 passengers spotted a “whale-like” object on the water that dove after being shot at by one of the passengers. Somewhere along the way, locals dubbed the monster “Flessie”, an obvious “hat tip” to her counterpart in Scotland.

  Cromwell Island was purchased in the late 1980s by Robert M. Lee, a renowned automobile and antique arms collector, explorer, author, and conservationist. Before his death in 2016, Mr. Lee and his wife, Anne, partially completed construction of a monumental structure including over 45,000 square feet of living space that was to serve as their home full-time. Even in its unfinished state, it has a magnitude of presence reminiscent of Versailles.

  The mystique endures as Cromwell Island is now for sale and, with so many possibilities, a new owner will have the opportunity to write the next chapter of a storied place.

  View Full Listing

  Hall and Hall

  BILL MCDAVID

  (406) 360-3141

  Learn More ]]> 56881 0 0 0 Like the cold, clear waters of Flathead Lake, mystique surrounds Cromwell Island. It overlooks the legendary Wild Horse Island, where Salish and Kootenai historically swam their horses to keep them safe from rival tribes. In the 1930s, construction started on a dam near Polson, Montana, at the outlet of the Flathead River. Prior to its completion, in periods of low water, Cromwell Island became a peninsula connected to the shore. It is all but certain that the Native Americans historically herded their horses onto this peninsula before swimming them across to Wild Horse. Today, Cromwell Island is a full-time island, the entirety of which is now for sale.<\/p>

  Flathead Lake, with almost 200 square miles of surface area and 185 miles of shoreline, is the largest natural freshwater lake west of the Mississippi River \u2014 Yes, even bigger than Lake Tahoe! To our knowledge, Cromwell Island, with almost 350 acres and nearly three miles of shoreline, is the largest private island in freshwater west of the Mississippi River that is under a single ownership.<\/p>

  Like Loch Ness, Flathead even has its own monster. While the lore of a huge antlered monster living in the lake is rooted in the ancient oral histories of the Kootenai Tribe, recorded sightings of the creature date back to 1889 when a steamboat captain along with 100 passengers spotted a \u201cwhale-like\u201d object on the water that dove after being shot at by one of the passengers. Somewhere along the way, locals dubbed the monster \u201cFlessie\u201d, an obvious \u201chat tip\u201d to her counterpart in Scotland.<\/p>

  Cromwell Island was purchased in the late 1980s by Robert M. Lee, a renowned automobile and antique arms collector, explorer, author, and conservationist. Before his death in 2016, Mr. Lee and his wife, Anne, partially completed construction of a monumental structure including over 45,000 square feet of living space that was to serve as their home full-time. Even in its unfinished state, it has a magnitude of presence reminiscent of Versailles.<\/p>

  The mystique endures as Cromwell Island is now for sale and, with so many possibilities, a new owner will have the opportunity to write the next chapter of a storied place. <\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"98c3b20"}],"drop_cap":"yes"},"elements":[],"widgetType":"text-editor"},{"id":"c717d1d","elType":"widget","settings":{"youtube_url":"https:\/\/vimeo.com\/738397956","vimeo_url":"","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0265898"}],"video_type":"vimeo"},"elements":[],"widgetType":"video"}],"isInner":false}],"isInner":false},{"id":"837cbe6","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"5043215"}],"margin":{"unit":"px","top":"20","right":0,"bottom":"20","left":0,"isLinked":false}},"elements":[{"id":"40abb32","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d52acd8"}]},"elements":[{"id":"65ba75f","elType":"widget","settings":{"text":"View Full Listing","link":{"url":"https:\/\/hallhall.com\/property-for-sale\/montana\/cromwell-island\/a095d00002M1rFo\/a\/","is_external":"on","nofollow":"","custom_attributes":""},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6aee588"}]},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false},{"id":"7f3fb574","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"5ce7abf0","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}]},"elements":[{"id":"fa86cb3","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/HallandHallLogo_150x150.png","id":56815,"alt":"","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}],"image_size":"thumbnail"},"elements":[],"widgetType":"image"},{"id":"47021d9","elType":"widget","settings":{"title":"Hall and Hall","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60"}]},"elements":[],"widgetType":"heading"},{"id":"55036a7b","elType":"widget","settings":{"editor":"

  BILL MCDAVID<\/span><\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"700166e","elType":"widget","settings":{"editor":"

  (406) 360-3141<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"b94eadd","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/hallhall.com\/","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true},{"id":"526efe7","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"25212c2"}]},"elements":[{"id":"226dcaa","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"f95387f"}]},"elements":[{"id":"4a8b569","elType":"widget","settings":{"text":"Divider","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6301ee4","display_condition_date":"21-08-2022","display_condition_date_range":"21-08-2022 to 23-08-2022","display_condition_advanced_date":"21-08-2022"}]},"elements":[],"widgetType":"divider"}],"isInner":false}],"isInner":false}]]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> https://landreport.com/2022/08/yellowstone-river-ranch-2/ Tue, 23 Aug 2022 22:17:37 +0000 https://thelandreport.c51dev.com/?p=56943 The beautiful Yellowstone River Ranch (Double AA) Ranch is one of the most majestic and authentic ranches to come to market in the Paradise Valley of Livingston Montana. Graced with 1,443 acres and 3.55 miles of the legendary Yellowstone River, the ranch offers world-class trout fishing, a robust wildlife habitat and gorgeous scenic vistas of the Absaroka Beartooth Mountains and the Gallatin Mountain Range. The ranch is currently tenant leased and operating as a working cattle ranch with its abundant water rights and grazing land that maintain up to 300 pair of cattle. The property lends itself to future use as an executive ranch or a Montana family retreat that will provide years of enjoyment whether it be on a full or part-time basis.

  Water Resources/Wildlife

  The Yellowstone River Ranch (Double AA) offers an abundance of water resources and world-class sporting opportunities. The vast landscape of Paradise Valley is an outdoorsman’s paradise amongst the lush Yellowstone river bottom with its rugged back county and spectacular snow-capped peaks of the Absaroka Beartooth Mountain range.

  The ranch consists of mostly flat river bottom and rolling grasslands used for hay and pasture. Cottonwood, aspen, and willow line the riparian corridors that exist along the long stretch of the Yellowstone River. McDonald, Barney, and Cascade creeks traverse portions of the property. The land supports an abundance of wildlife including white-tail and mule deer, black bear, mountain lion, elk in the winter months, badger, fox, and other small mammals. Bald eagles nest in the riparian corridor in the northern part of the property. Osprey, golden eagle, several hawk varieties, owls, blue heron, geese, Sandhill cranes, and many songbirds are found on the property.

  The Opportunity

  The Yellowstone River Ranch (Double AA) presents a timely investment to own a world-class recreational ranch in Livingston Montana. Ranches of this size and quality rarely come to market in Paradise Valley.

  Extremely Liberal Conservation Easement

  The extremely liberal conservation easement with The Montana Land Reliance generally allows the following activities to be conducted on the property subject to the specific terms of the Conservation Easement Document and consistent with the maintenance or enhancement of the natural resources and Conservation values.

  https://vimeo.com/574550939 View Full Listing

  Raich Montanta Properties LLC

  Tracy Raich

  (406) 223-8418

  Learn More ]]> 56943 0 0 0 The beautiful Yellowstone River Ranch (Double AA) Ranch is one of the most majestic and authentic ranches to come to market in the Paradise Valley of Livingston Montana. Graced with 1,443 acres and 3.55 miles of the legendary Yellowstone River, the ranch offers world-class trout fishing, a robust wildlife habitat and gorgeous scenic vistas of the Absaroka Beartooth Mountains and the Gallatin Mountain Range. The ranch is currently tenant leased and operating as a working cattle ranch with its abundant water rights and grazing land that maintain up to 300 pair of cattle. The property lends itself to future use as an executive ranch or a Montana family retreat that will provide years of enjoyment whether it be on a full or part-time basis.<\/p>

  Water Resources\/Wildlife<\/h3>

  The Yellowstone River Ranch (Double AA) offers an abundance of water resources and world-class sporting opportunities. The vast landscape of Paradise Valley is an outdoorsman\u2019s paradise amongst the lush Yellowstone river bottom with its rugged back county and spectacular snow-capped peaks of the Absaroka Beartooth Mountain range.<\/p>

  The ranch consists of mostly flat river bottom and rolling grasslands used for hay and pasture. Cottonwood, aspen, and willow line the riparian corridors that exist along the long stretch of the Yellowstone River. McDonald, Barney, and Cascade creeks traverse portions of the property. The land supports an abundance of wildlife including white-tail and mule deer, black bear, mountain lion, elk in the winter months, badger, fox, and other small mammals. Bald eagles nest in the riparian corridor in the northern part of the property. Osprey, golden eagle, several hawk varieties, owls, blue heron, geese, Sandhill cranes, and many songbirds are found on the property.<\/p>

  The Opportunity<\/h3>

  The Yellowstone River Ranch (Double AA) presents a timely investment to own a world-class recreational ranch in Livingston Montana. Ranches of this size and quality rarely come to market in Paradise Valley.<\/p>

  Extremely Liberal Conservation Easement<\/h3>

  The extremely liberal conservation easement with The Montana Land Reliance generally allows the following activities to be conducted on the property subject to the specific terms of the Conservation Easement Document and consistent with the maintenance or enhancement of the natural resources and Conservation values. <\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"98c3b20"}],"drop_cap":"yes"},"elements":[],"widgetType":"text-editor"},{"id":"c717d1d","elType":"widget","settings":{"youtube_url":"https:\/\/vimeo.com\/738397956","vimeo_url":"https:\/\/vimeo.com\/574550939","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0265898"}],"video_type":"vimeo"},"elements":[],"widgetType":"video"}],"isInner":false}],"isInner":false},{"id":"837cbe6","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"5043215"}],"margin":{"unit":"px","top":"20","right":0,"bottom":"20","left":0,"isLinked":false}},"elements":[{"id":"40abb32","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d52acd8"}]},"elements":[{"id":"65ba75f","elType":"widget","settings":{"text":"View Full Listing","link":{"url":"https:\/\/tracyraich.com\/real-estate\/yellowstone-river-ranch-livingston-mt-2\/","is_external":"on","nofollow":"","custom_attributes":""},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6aee588"}]},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false},{"id":"7f3fb574","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"5ce7abf0","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}]},"elements":[{"id":"fa86cb3","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/RaichMontantaProperties_logo_150x150.png","id":56957,"alt":"","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}],"image_size":"thumbnail"},"elements":[],"widgetType":"image"},{"id":"47021d9","elType":"widget","settings":{"title":"Raich Montanta Properties LLC","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60"}]},"elements":[],"widgetType":"heading"},{"id":"55036a7b","elType":"widget","settings":{"editor":"

  Tracy Raich<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"700166e","elType":"widget","settings":{"editor":"

  (406) 223-8418<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"b94eadd","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/tracyraich.com\/","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true},{"id":"526efe7","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"25212c2"}]},"elements":[{"id":"226dcaa","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"f95387f"}]},"elements":[{"id":"4a8b569","elType":"widget","settings":{"text":"Divider","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6301ee4","display_condition_date":"21-08-2022","display_condition_date_range":"21-08-2022 to 23-08-2022","display_condition_advanced_date":"21-08-2022"}]},"elements":[],"widgetType":"divider"}],"isInner":false}],"isInner":false}]]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> https://landreport.com/2022/08/bently-ranch/ Wed, 24 Aug 2022 01:57:22 +0000 https://thelandreport.c51dev.com/?p=56962 Bently Ranch is on the market for the first time ever selling all of its agricultural holdings. Situated on the eastern slope of the Sierra Nevada Mountain range in Minden, Nevada, the property is located just 25 minutes from the popular Lake Tahoe area and just minutes from downtown Minden and Gardnerville. This incredible 12,393 deeded acre property is being sold as one unit, offering a once in a lifetime opportunity. The owners started to accumulate land in Nevada in 1997 and instituted a cattle program in 2012. Over the last several years, they have focused on sustainable farming, aiming to grow a variety of crops that are used in their distilling industry.

  https://youtu.be/JRsbvmLmj04

  Ranchland

  

  California Outdoor Properties • Outdoor Properties of Nevada​

  Todd Renfrew​(707) 455-4444 Learn More ]]> 56962 0 0 0 Bently Ranch is on the market for the first time ever selling all of its agricultural holdings. Situated on the eastern slope of the Sierra Nevada Mountain range in Minden, Nevada, the property is located just 25 minutes from the popular Lake Tahoe area and just minutes from downtown Minden and Gardnerville. This incredible 12,393 deeded acre property is being sold as one unit, offering a once in a lifetime opportunity. The owners started to accumulate land in Nevada in 1997 and instituted a cattle program in 2012. Over the last several years, they have focused on sustainable farming, aiming to grow a variety of crops that are used in their distilling industry. <\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"98c3b20"}],"drop_cap":"yes"},"elements":[],"widgetType":"text-editor"},{"id":"c717d1d","elType":"widget","settings":{"youtube_url":"https:\/\/youtu.be\/JRsbvmLmj04","vimeo_url":"https:\/\/vimeo.com\/235215203","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0265898"}]},"elements":[],"widgetType":"video"},{"id":"d2a15f4","elType":"widget","settings":{"text":"Divider","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"7cf891f"}]},"elements":[],"widgetType":"divider"},{"id":"465ae7f","elType":"widget","settings":{"title":"Ranchland","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"9e1dae1"}]},"elements":[],"widgetType":"heading"}],"isInner":false}],"isInner":false},{"id":"7c797ec","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"365bba2"}]},"elements":[{"id":"860f899","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"393b3b1"}]},"elements":[{"id":"0be1da9","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-77.jpg","id":56965,"alt":"","source":"library"},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"ae53ca8"}]},"elements":[],"widgetType":"image"}],"isInner":false}],"isInner":false},{"id":"5f1710f","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"ebe6318"}]},"elements":[{"id":"a160562","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"7322747"}]},"elements":[{"id":"2bfe7e8","elType":"widget","settings":{"gallery":[{"id":56963,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-12.jpg"},{"id":56964,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-57.jpg"},{"id":56965,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-77.jpg"},{"id":56966,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-90.jpg"},{"id":56967,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-94.jpg"},{"id":56968,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-96.jpg"},{"id":56969,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-109.jpg"},{"id":56970,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-144.jpg"},{"id":56971,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-114.jpg"},{"id":56972,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch7.jpg"}],"galleries":[{"gallery_title":"Ranchland","_id":"f2ed921","multiple_gallery":[{"id":56963,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-12.jpg"},{"id":56964,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-57.jpg"},{"id":56965,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-77.jpg"},{"id":56966,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-90.jpg"},{"id":56967,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-94.jpg"},{"id":56968,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-96.jpg"},{"id":56969,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-109.jpg"},{"id":56970,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-144.jpg"},{"id":56971,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch-Images-114.jpg"},{"id":56972,"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LR_Bently-Ranch7.jpg"}]}],"columns":5,"show_all_galleries_label":"All","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"1e04778"}]},"elements":[],"widgetType":"gallery"}],"isInner":false}],"isInner":false},{"id":"7f3fb574","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"5ce7abf0","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_stat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Renfrew\u200b","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"700166e","elType":"widget","settings":{"editor":"(707) 455-4444","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"b94eadd","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/www.californiaoutdoorproperties.com\/listing\/bently-ranch","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true}]]]> ]]> ]]> ]]> ]]> ]]> ]]> https://landreport.com/2022/08/bull-springs-skyline-forest/ Wed, 24 Aug 2022 02:49:38 +0000 https://thelandreport.c51dev.com/?p=56977 Bull Springs Skyline Forest, located just minutes west of Bend, Oregon, is an active tree farm and recreational property that covers 32,995 contiguous, deeded acres and borders the Deschutes National Forest. The property has significant long-term appreciation potential with opportunity for sustainable timber management, and abundant recreation in combination with residential and mixed-use development.

  Location

  Located near the center of Oregon, east of the Cascade mountains on the west side of Bend, one of the nation’s fastest-growing mountain towns in the United States. Bend has significant urbanization potential and is a traditional timberland industry region with infrastructure for logging and wood-related products.

  With close proximity to major metropolitan areas, airline service and other nationally recognized resort destinations, the property is positioned well for future residential, commercial and tourism development opportunities. Central Oregon is further distinguished for its all-season recreational amenities. Mt. Bachelor, known for exceptional skiing and extended season is located within 15 miles of Bull Springs Skyline Forest.

  The Deschutes River, within a few minutes of the property, provides exceptional fishing and other water recreation. National monuments and parks, including the Pacific Crest Trail are also within short distances. Clean air, spectacular mountain scenery and comfortable climate provide inviting conditions for all types of outdoor recreation available within minutes of Bull Springs Skyline Forest.

  History

  Between the years of 1916 to present day Bull Springs Skyline Forest has contributed major historical significance to the local and regional community. Beginning in its earliest years the property was most notable for its logging production. Throughout the century the property has been owned by various timber and investment companies, and portions have even been exchanged with the U.S. Forest Service. In more recent years the property has become of major interest to private holding companies, local conservation groups, local community for recreation, city planners and private developers.

  Timber

  Bull Springs Skyline Forest covers a large area of timberland, providing high quality timber for harvest, great for logging industry development and liquidation. The property features mainly Ponderosa Pine, which is major construction material in North America, and has great economic value. Over the years the current owner has invested into the protection and seeding of the timberland while only harvesting very limited timber. Current average age of timber is 45 years old and an average height of 30 feet. The total, merchantable, log volume is approximately 71,905 thousand board feet (MBF).

  Recreation

  Surrounded by desert, mountains, and lakes; Bend, Oregon is an area of regional and national recognition for its resort and other recreational amenities year round, which provides strong economics for commercial and tourism development.

  National monuments, national forest land and parks are within short driving and hiking distances to Bull Springs Skyline Forest. Mt. Bachelor, known for an extended ski season, is located within 15 miles of the property. The Deschutes River also is within a few minutes providing exceptional fishing, whitewater rafting, kayaking, stand-up paddle boarding, and canoeing. Other popular activities in this area include rock climbing, mountain biking, hiking, and camping.

  https://vimeo.com/742487329 View Full Listing

  Mason & Morse Ranch Company

  Robb Van Pelt

  (970) 718-2711

  Learn More ]]> 56977 0 0 0 Bull Springs Skyline Forest, located just minutes west of Bend, Oregon, is an active tree farm and recreational property that covers 32,995 contiguous, deeded acres and borders the Deschutes National Forest. The property has significant long-term appreciation potential with opportunity for sustainable timber management, and abundant recreation in combination with residential and mixed-use development.<\/p>

  Location<\/h3>

  Located near the center of Oregon, east of the Cascade mountains on the west side of Bend, one of the nation\u2019s fastest-growing mountain towns in the United States. Bend has significant urbanization potential and is a traditional timberland industry region with infrastructure for logging and wood-related products.<\/p>

  With close proximity to major metropolitan areas, airline service and other nationally recognized resort destinations, the property is positioned well for future residential, commercial and tourism development opportunities. Central Oregon is further distinguished for its all-season recreational amenities. Mt. Bachelor, known for exceptional skiing and extended season is located within 15 miles of Bull Springs Skyline Forest.<\/p>

  The Deschutes River, within a few minutes of the property, provides exceptional fishing and other water recreation. National monuments and parks, including the Pacific Crest Trail are also within short distances. Clean air, spectacular mountain scenery and comfortable climate provide inviting conditions for all types of outdoor recreation available within minutes of Bull Springs Skyline Forest.<\/p>

  History<\/h3>

  Between the years of 1916 to present day Bull Springs Skyline Forest has contributed major historical significance to the local and regional community. Beginning in its earliest years the property was most notable for its logging production. Throughout the century the property has been owned by various timber and investment companies, and portions have even been exchanged with the U.S. Forest Service. In more recent years the property has become of major interest to private holding companies, local conservation groups, local community for recreation, city planners and private developers.<\/p>

  Timber<\/h3>

  Bull Springs Skyline Forest covers a large area of timberland, providing high quality timber for harvest, great for logging industry development and liquidation. The property features mainly Ponderosa Pine, which is major construction material in North America, and has great economic value. Over the years the current owner has invested into the protection and seeding of the timberland while only harvesting very limited timber. Current average age of timber is 45 years old and an average height of 30 feet. The total, merchantable, log volume is approximately 71,905 thousand board feet (MBF).<\/p>

  Recreation<\/h3>

  Surrounded by desert, mountains, and lakes; Bend, Oregon is an area of regional and national recognition for its resort and other recreational amenities year round, which provides strong economics for commercial and tourism development.<\/p>

  National monuments, national forest land and parks are within short driving and hiking distances to Bull Springs Skyline Forest. Mt. Bachelor, known for an extended ski season, is located within 15 miles of the property. The Deschutes River also is within a few minutes providing exceptional fishing, whitewater rafting, kayaking, stand-up paddle boarding, and canoeing. Other popular activities in this area include rock climbing, mountain biking, hiking, and camping. <\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"98c3b20"}],"drop_cap":"yes"},"elements":[],"widgetType":"text-editor"},{"id":"c717d1d","elType":"widget","settings":{"youtube_url":"https:\/\/vimeo.com\/738397956","vimeo_url":"https:\/\/vimeo.com\/742487329","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0265898"}],"video_type":"vimeo"},"elements":[],"widgetType":"video"}],"isInner":false}],"isInner":false},{"id":"837cbe6","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"5043215"}],"margin":{"unit":"px","top":"20","right":0,"bottom":"20","left":0,"isLinked":false}},"elements":[{"id":"40abb32","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d52acd8"}]},"elements":[{"id":"65ba75f","elType":"widget","settings":{"text":"View Full Listing","link":{"url":"https:\/\/www.ranchland.com\/bull-springs-skyline-forest-3431","is_external":"on","nofollow":"","custom_attributes":""},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6aee588"}]},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false},{"id":"7f3fb574","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"5ce7abf0","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}]},"elements":[{"id":"fa86cb3","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/masonandmorseranchcompany_logo_150x150-1.png","id":56987,"alt":"","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}],"image_size":"thumbnail"},"elements":[],"widgetType":"image"},{"id":"47021d9","elType":"widget","settings":{"title":"Mason & Morse Ranch Company","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60"}]},"elements":[],"widgetType":"heading"},{"id":"55036a7b","elType":"widget","settings":{"editor":"

  Robb Van Pelt<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"700166e","elType":"widget","settings":{"editor":"

  (970) 718-2711<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"b94eadd","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/www.ranchland.com\/","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true}]]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> https://landreport.com/2022/08/pierce-brook-forest/ Wed, 24 Aug 2022 16:04:38 +0000 https://thelandreport.c51dev.com/?p=57008 Pierce Brook Forest is a 661-acre contiguous tract of forestland, owned and carefully managed for the past 20 years with long-term stewardship and wildlife management in mind. The property is located in the quiet, rural town of Acworth, New Hampshire in the southwest region of the state near the New Hampshire/Vermont line.

  In addition to a well-stocked and diverse timber resource, the property offers open fields, wetlands, brook frontage, numerous vernal pools, and 2.75 miles of well-maintained interior historic roads and 3-plus miles of recreational trails. Like so many New England lands, stone walls, 19th-century cellar holes, and even a small cemetery are found throughout.

  A 24x30-foot post-and-beam barn and 10x15-foot “Thoreau cabin” are also included in the sale. The Town of Acworth holds a conservation easement on approximately 80 percent of the land with approximately 131 acres and 1,200 feet of public road frontage excluded from the easement area.

  Your own private nature and wildlife retreat awaits, located approximately two hours from Boston and just over an hour from Concord, New Hampshire and Rutland, Vermont.

  https://vimeo.com/742306992/1304e0d9a8 View Full Listing

  LandVest

  Stephen Gauthier

  (207) 233-0275

  Learn More ]]> 57008 0 0 0 Pierce Brook Forest is a 661-acre contiguous tract of forestland, owned and carefully managed for the past 20 years with long-term stewardship and wildlife management in mind. The property is located in the quiet, rural town of Acworth, New Hampshire in the southwest region of the state near the New Hampshire\/Vermont line.<\/p>

  In addition to a well-stocked and diverse timber resource, the property offers open fields, wetlands, brook frontage, numerous vernal pools, and 2.75 miles of well-maintained interior historic roads and 3-plus miles of recreational trails. Like so many New England lands, stone walls, 19th-century cellar holes, and even a small cemetery are found throughout.<\/p>

  A 24x30-foot post-and-beam barn and 10x15-foot \u201cThoreau cabin\u201d are also included in the sale. The Town of Acworth holds a conservation easement on approximately 80 percent of the land with approximately 131 acres and 1,200 feet of public road frontage excluded from the easement area.<\/p>

  Your own private nature and wildlife retreat awaits, located approximately two hours from Boston and just over an hour from Concord, New Hampshire and Rutland, Vermont. <\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"98c3b20"}],"drop_cap":"yes"},"elements":[],"widgetType":"text-editor"},{"id":"c717d1d","elType":"widget","settings":{"youtube_url":"https:\/\/vimeo.com\/738397956","vimeo_url":"https:\/\/vimeo.com\/742306992\/1304e0d9a8","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0265898"}],"video_type":"vimeo"},"elements":[],"widgetType":"video"}],"isInner":false}],"isInner":false},{"id":"837cbe6","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"5043215"}],"margin":{"unit":"px","top":"20","right":0,"bottom":"20","left":0,"isLinked":false}},"elements":[{"id":"40abb32","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d52acd8"}]},"elements":[{"id":"65ba75f","elType":"widget","settings":{"text":"View Full Listing","link":{"url":"https:\/\/www.landvest.com\/timberland\/int\/nh0648\/00-old-claremont-rd.-acworth-nh-03601","is_external":"on","nofollow":"","custom_attributes":""},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6aee588"}]},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false},{"id":"7f3fb574","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"5ce7abf0","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}]},"elements":[{"id":"fa86cb3","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LandVest_Logo_150x150.png","id":57020,"alt":"","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}],"image_size":"thumbnail"},"elements":[],"widgetType":"image"},{"id":"47021d9","elType":"widget","settings":{"title":"LandVest","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60"}]},"elements":[],"widgetType":"heading"},{"id":"55036a7b","elType":"widget","settings":{"editor":"

  Stephen Gauthier<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"700166e","elType":"widget","settings":{"editor":"

  (207) 233-0275<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"b94eadd","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/www.landvest.com\/","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true}]]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> 18502 https://accounts.binance.com/sl/register-person?ref=GJY4VW8W 0 0 https://landreport.com/2022/09/ted-turner-reserves/ Thu, 01 Sep 2022 06:00:46 +0000 https://thelandreport.c51dev.com/?p=57084 BISON CALF An array of wildlife makes its home at Armendaris Reserve.[/caption] Turner is the largest private landowner in Nebraska, and his 1.1 million acres in New Mexico make him that state’s leading landowner as well. Earlier this year, the legendary entrepreneur told his team at Ted Turner Reserves that the time was right to welcome guests into his home. Beginning in October, Ted Turner Reserves will debut Armendaris Reserve, a 362,885-acre New Mexico landmark located at the northern reaches of the Chihuahuan Desert. In typical Turner fashion, there is a WOW factor that will make the experience unlike any other: Only one group of guests can stay at the Hacienda at Armendaris at a time. Better yet, they will have exclusive access to all 500-plus square miles. “To have one family stay in one home on more than 300,000 acres is like an Airbnb on steroids,” says Lindsay Curry at Ted Turner Reserves. “It’s a truly singular experience to go out and be completely by yourself among all of these wide-open spaces.” The menu of activities at Armendaris Reserve is as vast as the landscape. One possibility? Exploring the desert landscape on a wildlife tour — pure Instagram fodder thanks to inevitable encounters with desert bighorn sheep, bison, elk, javelina, mule deer, and oryx. Want to play it cool? Consider kayaking, jet skiing, or fishing on Elephant Butte Lake. Dinner will be nothing short of spectacular. Not only will guests at Armendaris enjoy the services of an in-house -private chef, but in summer, they can picnic al fresco and witness one of the most amazing phenomena in North America: the ascent of more than a million Mexican free-tailed bats into the sky from the Jornada Bat Caves. It’s one of the unique experiences available to guests at Ted Turner Reserves in New Mexico, which includes 550,000-acre Vermejo Reserve, the 156,000-acre Ladder Reserve, Sierra Grande, a spa and wellness retreat offering natural, geothermal hot springs, and, beginning in October, Armendaris. “Here we have these spectacular properties where so much work, money, and effort has gone into restoring them and bringing balance back to the landscape,” says Jade McBride, president of Ted Turner Reserves. “You can feel it as soon as you cross the boundary of one of these properties. You know it’s a special place.” The Ted Turner Reserves mission — connecting people with nature — is another legacy of the CNN founder, who famously donated $1 billion to the United Nations a generation ago. A father of five and grandfather of 14 who will celebrate his 84th birthday in November, Turner launched Ted Turner Reserves in June 2015. His goals for the venture, which encompasses 1.1 million acres of his landholdings, is to ensure the survival of these natural landscapes for future generations.

  "You can feel it as soon as you cross the boundary of one of these properties. You know it's a special place." - Jade McBride, Ted Turner Reserves

  McBride admits the launch of Ted Turner Reserves faced some daunting challenges. He learned this firsthand in 2016 when he was hired to manage the operations at Vermejo. While interviewing for the job, Turner Enterprises CEO Taylor Glover made it clear to McBride that creating a first-rate guest experience “had turned out to be harder than expected.” [caption id="attachment_57048" align="aligncenter" width="1024"] VERMEJO RESERVE Turner's 550,000 acres were once a part of the 1.7-million-acre Maxwell Land Grant.[/caption] Take, for instance, bottled water. A typical resort regularly purchases palettes of bottled water for its guests. But the nearest town to Vermejo Reserve — Raton, New Mexico — didn’t recycle plastic. “If you’re passionate about conservation, but there is no recycling, it’s almost a sin,” McBride says. “We created this spectacular accommodation, but it needed to evolve.” McBride singles out the response of one Turner Reserves steward as an example of this evolution. When asked his occupation, the employee didn’t reply, “I’m a dishwasher.” [caption id="attachment_57051" align="alignright" width="300"] RIO GRANDE CUTTHROAT The state fish of New Mexico thrives on Ted Turner Reserves.[/caption] Instead, he said, “We do conservation work, and I’m here to save the Rio Grande cutthroat trout. We get to use our hospitality work to do the work we’re all passionate about.” McBride has witnessed this transformation firsthand. Early on, the company reached out to Colfax County to work with officials to set up a lodging tax. The resulting half-million dollars in revenue generated by guests at Vermejo has been a boon to the cash-strapped county. “We care about everything from the health of our soil to the health of our community,” McBride says. “That’s Ted’s vision, and it’s completely in line with my values to leave a place better than you found it.” A paramount example of this ethos is the extraordinary commitment to the Bolson tortoise. The rarest of the five tortoise species native to North America, the Bolson was listed as an endangered species in both the US and Mexico. By 2018, however, teams supported by the Turner Endangered Species Fund had produced more than 840 hatchlings. This species literally owes its existence to the breeding programs on the Ladder and Armendaris Reserves. “If you’re in the business of saving an endangered species, you don’t have a short-term vision of that,” McBride says. “With the cutthroat trout, we’re trying to restore native fishing to waters so they won’t be at risk ever again. That’s the type of work that Ted has done.” [caption id="attachment_57050" align="aligncenter" width="1024"] NIGHT FLIGHT Guests at Armendaris are treated to the remarkable parade of Mexican free-tailed bats.[/caption] The Turner Endangered Species fund works with universities and scientists to study a host of creatures, from the Northern Rocky Mountains gray wolf to the Aplomado falcon. Since 2006, nearly seven million bats have died in North America due to an outbreak of white-nose syndrome. Their number is being replenished by the more than one million Mexican free-tailed bats who make Armendaris their home each summer. “The bat experience took my breath away,” Curry says. “It’s like having a front row seat to a filming of National Geographic.” As the bats emerge, hawks take wing and do their best to snatch their prey mid-flight. Long before the bats began using Turner’s property as a maternity ward, dinosaurs roamed the semi-desert grasslands during the Cretaceous period approximately 65 million years ago. Guests at Armendaris can see their bones firsthand, and they can also scout for pottery shards created by the Mimbres, an indigenous people who inhabited the arid region more than 1,000 years ago. “You can view a decorated piece of ancient pottery right where it was left and honor it by leaving it for others to see,” Curry says. “I can’t think of another experience like that in the hospitality realm.” Safeguarding archaeological sites has long been a priority for Ted Turner Reserves. While out exploring, which could include hiking or mountain biking, guests might choose to bring along a picnic basket or snack. That bottled water? Guests receive refillable bottles, which they may take with them when they head back home. Guides tote five-gallon coolers on excursions, and filling stations are strategically placed just in case. “We’ve made the decision to reduce whenever possible. If we can’t reduce, we’re going to reuse. If we can’t reuse, we’re going to recycle. And if we can’t recycle, then we’re going to refuse,” McBride says. To that end, reserve chefs source as much as possible locally. They don’t buy produce that is not sustainably packaged. [caption id="attachment_57052" align="alignright" width="214"] KITCHEN MATTERS Executive Chef Giovanni Lanzante and the culinary staff at Ted Turner Reserves source locally and sustainably.[/caption] The Hacienda’s kitchen received an upgrade in advance of the launch. It was the first renovation since theHacienda’s construction in 2006. Inspired by a European hunting lodge, the Hacienda features 14,000 roof tiles imported from San Miguel de Allende. Simultaneous to the opening of Armendaris is the reintroduction of the Country House at Ladder Reserve, which enjoyed an extensive remodel in the first half of 2022. Turner opened the Ladder — a 156,439-acre ranch northeast of Armendaris — to guests five years ago. Like Armendaris, the main attraction remains the outdoors, dovetailing with Ted Turner Reserves’ mission statement: connecting people with nature. As for the founder, he makes it a point to speak with McBride weekly, offering encouragement with a dusting of wisdom. Earlier this summer, McBride visited Turner in Montana. Diagnosed with Lewy body dementia four years ago, Turner hasn’t lost his trademark spark and determination. “There is no quit in him,” McBride says, a touch of wonder in his voice. “He is still this incredibly determined fireball. I hope that determination is in every employee he’s been able to touch. That no-quit attitude will live way beyond Ted.” ]]> 57084 0 0 0 New Mexico’s leading private landowner welcomes guests to his remarkable getaways.

  By Lisa Martin]]> Ted Turner was country before country was cool. Today, everyone from hipsters to corporate CEOs is clamoring to stake a claim to the great outdoors. But more than 35 years have passed since the founder of CNN bought his first ranch in Toston, Montana. Since then, he has acquired more than two million acres, funded the visionary Turner Endangered Species Fund, created the Turner Institute of Ecoagriculture, and assembled the largest privately owned herd of bison on earth.<\/p>[caption id=\"attachment_57047\" align=\"alignright\" width=\"300\"]<\/a> BISON CALF<\/strong> An array of wildlife makes its home at Armendaris Reserve.[\/caption]

Turner is the largest private landowner in Nebraska, and his 1.1 million acres in New Mexico make him that state\u2019s leading landowner as well. Earlier this year, the legendary entrepreneur told his team at Ted Turner Reserves that the time was right to welcome guests into his home.<\/p>

Beginning in October, Ted Turner Reserves will debut Armendaris Reserve, a 362,885-acre New Mexico landmark located at the northern reaches of the Chihuahuan Desert. In typical Turner fashion, there is a WOW factor that will make the experience unlike any other:<\/p>

Only one group of guests can stay at the Hacienda at Armendaris at a time. Better yet, they will have exclusive access to all 500-plus square miles.<\/p>

\u201cTo have one family stay in one home on more than 300,000 acres is like an Airbnb on steroids,\u201d says Lindsay Curry at Ted Turner Reserves. \u201cIt\u2019s a truly singular experience to go out and be completely by yourself among all of these wide-open spaces.\u201d<\/p>

The menu of activities at Armendaris Reserve is as vast as the landscape. One possibility? Exploring the desert landscape on a wildlife tour \u2014 pure Instagram fodder thanks to inevitable encounters with desert bighorn sheep, bison, elk, javelina, mule deer, and oryx. Want to play it cool? Consider kayaking, jet skiing, or fishing on Elephant Butte Lake. Dinner will be nothing short of spectacular. Not only will guests at Armendaris enjoy the services of an in-house -private chef, but in summer, they can picnic al fresco and witness one of the most amazing phenomena in North America: the ascent of more than a million Mexican free-tailed bats into the sky from the Jornada Bat Caves.<\/p>

It\u2019s one of the unique experiences available to guests at Ted Turner Reserves in New Mexico, which includes 550,000-acre Vermejo Reserve, the 156,000-acre Ladder Reserve, Sierra Grande, a spa and wellness retreat offering natural, geothermal hot springs, and, beginning in October, Armendaris.<\/p>

\u201cHere we have these spectacular properties where so much work, money, and effort has gone into restoring them and bringing balance back to the landscape,\u201d says Jade McBride, president of Ted Turner Reserves. \u201cYou can feel it as soon as you cross the boundary of one of these properties. You know it\u2019s a special place.\u201d<\/p>

The Ted Turner Reserves mission \u2014 connecting people with nature \u2014 is another legacy of the CNN founder, who famously donated $1 billion to the United Nations a generation ago. A father of five and grandfather of 14 who will celebrate his 84th birthday in November, Turner launched Ted Turner Reserves in June 2015. His goals for the venture, which encompasses 1.1 million acres of his landholdings, is to ensure the survival of these natural landscapes for future generations.<\/p>

\"You can feel it as soon as you cross the boundary of one of these properties. You know it's a special place.\" - Jade McBride, Ted Turner Reserves<\/strong><\/h3><\/blockquote>

McBride admits the launch of Ted Turner Reserves faced some daunting challenges. He learned this firsthand in 2016 when he was hired to manage the operations at Vermejo.<\/p>

While interviewing for the job, Turner Enterprises CEO Taylor Glover made it clear to McBride that creating a first-rate guest experience \u201chad turned out to be harder than expected.\u201d<\/p>[caption id=\"attachment_57048\" align=\"aligncenter\" width=\"1024\"]<\/a> VERMEJO RESERVE<\/strong> Turner's 550,000 acres were once a part of the 1.7-million-acre Maxwell Land Grant.[\/caption]

Take, for instance, bottled water. A typical resort regularly purchases palettes of bottled water for its guests. But the nearest town to Vermejo Reserve \u2014 Raton, New Mexico \u2014 didn\u2019t recycle plastic.<\/p>

\u201cIf you\u2019re passionate about conservation, but there is no recycling, it\u2019s almost a sin,\u201d McBride says. \u201cWe created this spectacular accommodation, but it needed to evolve.\u201d<\/p>

McBride singles out the response of one Turner Reserves steward as an example of this evolution. When asked his occupation, the employee didn\u2019t reply, \u201cI\u2019m a dishwasher.\u201d<\/p>[caption id=\"attachment_57051\" align=\"alignright\" width=\"300\"] RIO GRANDE CUTTHROAT<\/strong> The state fish of New Mexico thrives on Ted Turner Reserves.[\/caption]

Instead, he said, \u201cWe do conservation work, and I\u2019m here to save the Rio Grande cutthroat trout. We get to use our hospitality work to do the work we\u2019re all passionate about.\u201d<\/p>

McBride has witnessed this transformation firsthand. Early on, the company reached out to Colfax County to work with officials to set up a lodging tax. The resulting half-million dollars in revenue generated by guests at Vermejo has been a boon to the cash-strapped county.<\/p>

\u201cWe care about everything from the health of our soil to the health of our community,\u201d McBride says. \u201cThat\u2019s Ted\u2019s vision, and it\u2019s completely in line with my values to leave a place better than you found it.\u201d<\/p>

A paramount example of this ethos is the extraordinary commitment to the Bolson tortoise. The rarest of the five tortoise species native to North America, the Bolson was listed as an endangered species in both the US and Mexico. By 2018, however, teams supported by the Turner Endangered Species Fund had produced more than 840 hatchlings. This species literally owes its existence to the breeding programs on the Ladder and Armendaris Reserves.<\/p>

\u201cIf you\u2019re in the business of saving an endangered species, you don\u2019t have a short-term vision of that,\u201d McBride says. \u201cWith the cutthroat trout, we\u2019re trying to restore native fishing to waters so they won\u2019t be at risk ever again. That\u2019s the type of work that Ted has done.\u201d<\/p>[caption id=\"attachment_57050\" align=\"aligncenter\" width=\"1024\"]<\/a> NIGHT FLIGHT<\/strong> Guests at Armendaris are treated to the remarkable parade of Mexican free-tailed bats.[\/caption]

The Turner Endangered Species fund works with universities and scientists to study a host of creatures, from the Northern Rocky Mountains gray wolf to the Aplomado falcon. Since 2006, nearly seven million bats have died in North America due to an outbreak of white-nose syndrome. Their number is being replenished by the more than one million Mexican free-tailed bats who make Armendaris their home each summer.<\/p>

\u201cThe bat experience took my breath away,\u201d Curry says. \u201cIt\u2019s like having a front row seat to a filming of National Geographic.\u201d As the bats emerge, hawks take wing and do their best to snatch their prey mid-flight.<\/p>

Long before the bats began using Turner\u2019s property as a maternity ward, dinosaurs roamed the semi-desert grasslands during the Cretaceous period approximately 65 million years ago. Guests at Armendaris can see their bones firsthand, and they can also scout for pottery shards created by the Mimbres, an indigenous people who inhabited the arid region more than 1,000 years ago.<\/p>

\u201cYou can view a decorated piece of ancient pottery right where it was left and honor it by leaving it for others to see,\u201d Curry says. \u201cI can\u2019t think of another experience like that in the hospitality realm.\u201d Safeguarding archaeological sites has long been a priority for Ted Turner Reserves.<\/p>

While out exploring, which could include hiking or mountain biking, guests might choose to bring along a picnic basket or snack. That bottled water? Guests receive refillable bottles, which they may take with them when they head back home. Guides tote five-gallon coolers on excursions, and filling stations are strategically placed just in case.<\/p>

\u201cWe\u2019ve made the decision to reduce whenever possible. If we can\u2019t reduce, we\u2019re going to reuse. If we can\u2019t reuse, we\u2019re going to recycle. And if we can\u2019t recycle, then we\u2019re going to refuse,\u201d McBride says. To that end, reserve chefs source as much as possible locally. They don\u2019t buy produce that is not sustainably packaged.<\/p>[caption id=\"attachment_57052\" align=\"alignright\" width=\"214\"] KITCHEN MATTERS<\/strong> Executive Chef Giovanni Lanzante and the culinary staff at Ted Turner Reserves source locally and sustainably.[\/caption]

The Hacienda\u2019s kitchen received an upgrade in advance of the launch. It was the first renovation since theHacienda\u2019s construction in 2006. Inspired by a European hunting lodge, the Hacienda features 14,000 roof tiles imported from San Miguel de Allende.<\/p>

Simultaneous to the opening of Armendaris is the reintroduction of the Country House at Ladder Reserve, which enjoyed an extensive remodel in the first half of 2022. Turner opened the Ladder \u2014 a 156,439-acre ranch northeast of Armendaris \u2014 to guests five years ago. Like Armendaris, the main attraction remains the outdoors, dovetailing with Ted Turner Reserves\u2019 mission statement: connecting people with nature.<\/p>

As for the founder, he makes it a point to speak with McBride weekly, offering encouragement with a dusting of wisdom. Earlier this summer, McBride visited Turner in Montana. Diagnosed with Lewy body dementia four years ago, Turner hasn\u2019t lost his trademark spark and determination.<\/p>

\u201cThere is no quit in him,\u201d McBride says, a touch of wonder in his voice. \u201cHe is still this incredibly determined fireball. I hope that determination is in every employee he\u2019s been able to touch. That no-quit attitude will live way beyond Ted.\u201d <\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"de4a6ee","display_condition_key":"role","display_condition_operator":"is","display_condition_operator_advanced_date":"less","display_condition_date":"21-09-2022","display_condition_day":"monday","display_condition_role":"subscriber","display_condition_browser":"chrome","display_condition_operating_system":"mac_os","display_condition_date_range":"21-09-2022 to 23-09-2022","display_condition_page":"","display_condition_post":"","display_condition_static_page":"home","display_condition_time_span_start":"10:00","display_condition_time_span_end":"11:00","display_condition_visitor_type":"new","display_condition_request_parameter_key":"","display_condition_request_parameter_value":"","display_condition_advanced_date":"21-09-2022","display_condition_geolocation":"","display_condition_acf_text_key":"","display_condition_acf_text_value":""}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2022/08/galloo-island/ Wed, 31 Aug 2022 00:04:09 +0000 https://thelandreport.c51dev.com/?p=57113 MAIN LODGE The eight-bedroom structure sleeps 20. Built in the 1800s, it was completely refurbished in the 1980s.[/caption]

More than two decades had passed since Mike Patten and his son John set foot on Galloo Island. Yet both continually obsessed about their island. Although the nearly 2,000-acre sanctuary sits six miles off New York’s northern shores in Lake Ontario, it was always front and center in their minds.

In the 1980s, Galloo belonged to a Patten family company. As impressive as that may sound, it’s a distinction that can be applied to hundreds of thousands of acres in 40 different states. Patten Realty Corporation was America’s first national land development company. Founded in 1966, it ultimately went public and was listed on the New York Stock Exchange. In 1994, it was renamed Bluegreen Corporation.

Mike helped his father create that company, and Galloo was a favorite corporate retreat. For the last decade, Mike and John have built Patten Companies, which is headquartered in Naples, Florida. Although their primary focus has been developments in the South and in Texas, with the change in seasons, the native New Englanders migrate north to the Berkshires of Massachusetts and Woodlife Ranch, their 1,100-acre getaway nestled along the banks of the Green River.

Invariably, their conversations drifted back to Galloo. “John never lost track of it. He was always watching what was going on there. And when Vladi Private Islands dropped the price to below $8 million, he told me, ‘Let’s do it,’” Mike says.

Three longtime family friends and fellow ­outdoor enthusiasts — Mike Emmons, Davy Roberts, and Kevin Smith — jumped at the chance to throw in as partners. To everyone’s delight, the partnership took title to the island last fall.

ON LAND

[caption id="attachment_57127" align="alignright" width="300"] NATIVE WHITETAILS One of the partners’ top priorities is to improve forage opportunities for the deer.[/caption]

One of the island’s standout features is its diverse array of wildlife. Turkey, pheasant, geese, duck, and birds of prey are a few of the many avian species that call Galloo home. Come September, the island is blanketed in monarch butterflies as they migrate south.

Other critters range from coyote to beaver; the white-tailed deer are exceptional. By June, enormous bucks sport sizeable, velvety horns.

“There is nothing like this in the United States — an island with this kind of deer herd,” Mike says.

Galloo’s whitetails enjoy ample room to forage, feed, and breed. The island is 4.5 miles long and 1.5 miles wide. All told, it encompasses more than three square miles and has 11 miles of shoreline.

Thanks to Mother Nature, the herd’s natural feeding grounds are lush and plentiful. Yet supplemental feeding is a necessity. If Northern New York’s notoriously harsh winter weather isn’t enough of a challenge, consider the effects of the subzero gusts that scream off the lake during the dark days of wintertime.

[caption id="attachment_57128" align="aligncenter" width="1024"] GREAT LAKES LANDMARK Congress authorized $12,500 to fund the Galloo Island Lighthouse in 1819.[/caption]

AT SEA

The waters of Lake Ontario are similarly bountiful. “It’s the best smallmouth bass fishing in America,” Mike says. The story of this unusual occurrence deserves to be shared.

Decades ago, when Mike and John Patten first wet a hook in the waters off Galloo, a typical smallmouth bass weighed two or three pounds. Today, four- and five-pounders are routine, and six- and seven-pounders are regularly reeled in.

[caption id="attachment_57348" align="alignright" width="300"] TROPHY CATCH Sam Bartlett landed this monster 12-pound brown trout 50 yards offshore.[/caption]

Credit an odd little fish called the round goby for this upgrade. In the early 1990s, this bottom feeder hitched a ride across the Atlantic in the ballast water of transoceanic ships departing the Black and Caspian Seas of Eastern Europe. Not only did the round goby thrive in all five of the Great Lakes, it flourished. In some areas, it achieved densities of 100 fish per square meter. Of equal importance is that Galloo’s rocky and sandy shores are the goby’s preferred feeding grounds, a fact much appreciated by native smallmouth bass. “Ontario’s most unwanted invasive species is our favorite,” Mike says.

HISTORY

[caption id="attachment_57130" align="alignright" width="300"] HIS EXCELLENCY Secretary of State John Foster (seated right) catches a ride to Galloo from Will Stevens (standing) onboard The Duke. Foster, his son-in-law Robert Lansing, and his grandson John Foster Dulles all served as US secretaries of state. Another grandson, Allen Dulles, served as CIA director at the height of the Cold War from 1953 to 1961. All four regularly trekked to Galloo.[/caption]

Despite its remote setting, Galloo Island has long been recognized for its strategic placement through the centuries. During the French and Indian War (1754–1763), the Saint Lawrence River and Lake Ontario were key theaters for British and French forces. A half-century later during the War of 1812, the Royal Navy was sparring with the frigates of the US Navy in the same waters. Nearby Sackets Harbor became Great Lakes headquarters for the US Navy, and its shipyard employed thousands. In 1819, the vital placement of Galloo was further emphasized when Congress authorized $12,500 to fund the construction of the Galloo Island Lighthouse. A century later during the long thirsty years of the Prohibition Era, Galloo was a way station for rumrunners spiriting hooch across the lake from Canadian distilleries. More recently, Galloo and its neighbors, Stony Island and Association Island, have served as high-end corporate retreats: Stony, for Phillips 66, and Association, for General Electric.

[caption id="attachment_57129" align="aligncenter" width="1024"] SUNKEN TREASURE Hundreds of shipwrecks litter the waters of Lake Ontario, including one discovered off Galloo in June.[/caption]

 

DAVY JONES’S LOCKER

One of the many benefits of their decades-long ties to Galloo has been the Pattens’ rewarding relationship with the island’s longtime caretakers, Rick Hartman and Roxanne Grant. For the past 15 years, the couple has lived on Galloo most of the year — essentially, the habitable seasons. During spring, summer, and fall, the couple commutes to and from the island by boat and by airplane.

While on one of her commutes, Roxanne noticed what appeared to be the remnants of sunken wreckage along a shoal just off the island. Finally, her curiosity got the better of her, and she mentioned it to her son.

Prompted by his mother, Brandon Kampnich began investigating the framework of the wooden ship in June 2022. He was intrigued by what little he could make out, and he decided to alert Tim Caza, a US Coast Guard captain and an active scuba diver who specializes in long-lost ships. Tim’s 45 years’ experience in the waters of the Great Lakes, the Caribbean, and other venues made him the ideal choice to scout Roxanne’s find.

Tim and his partner, Dennis Gerber, dove the site and confirmed that it was a previously undiscovered double-masted daggerboard scow schooner like the ones that plied the Great Lakes in the early 1800s.

This discovery compliments Brandon’s other finds on Galloo, including Civil War and Prohibition-era coins and tokens, uniform buttons, musket balls, and a gold engagement ring. The shipwreck also lends credence to efforts to establish a marine sanctuary in the eastern basin of Lake Ontario to protect shipwrecks discovered since the arrival of a second invasive species, the zebra mussel. The tiny mollusks were introduced to the Great Lakes by ocean freighters’ bilge water. The mussels not only filter the murky lakes’ waters, but their shells, crushed by lake waves, have created white sandy beaches where none previously existed.

[caption id="attachment_57131" align="aligncenter" width="1024"] POWER PLAYERS The Fortnightly Club welcomed a host of VIPs including secretaries of state and a director of the CIA.[/caption]

FORTNIGHTLY CLUB

One of the most astonishing chapters in the history of Galloo — or any other venue for that matter — is the existence of the Fortnightly Club.

Established in a rustic farmhouse at the north end of the island, this invitation-only club catered to a gentlemanly sort that celebrated the outdoors lifestyle found on Galloo. The club’s name was derived from the two weeks that the all-male membership bunked dormitory-style in the lodge each year. The organization itself can be traced back to Woodrow Wilson’s secretary of state, Robert Lansing (1864–1928), a native of Watertown, a New York port just minutes from Galloo.

Lansing was not the only big shot to belong to the Fortnightly Club. His father-in-law happened to be President Benjamin Harrison’s secretary of state, John Foster (1836–1917). His nephews — also Fortnightly members, of course — included two of America’s leading Cold Warriors: Secretary of State John Foster Dulles (1888–1959), who served under Dwight Eisenhower; and CIA Director Allen Dulles (1893–1969), who also served under Ike. Countless other prominent politicos were members, including Judge Nicholas Yost of Watertown, whose son Charles would go on to become the ninth US Ambassador to the United Nations. Clearly, this was no ordinary gathering.

In the years that followed, the clubhouse was owned by H. Edmund Machold (1880–1967), a long-time member of the New York State Assembly who went on to serve as speaker of the lower house.

While exploring the great room of the lodge with its massive island stone fireplace dating back to 1908, Mike and John Patten discovered a small handmade table. Upon further inspection, they determined it was featured in a photograph from the early 1920s that included Secretary Lansing and his fellow members. Still in good condition after 100 years, it is now on display at a small museum in nearby Henderson, New York.

[caption id="attachment_57132" align="aligncenter" width="1024"] NEW FRONTIER For the Pattens, their return to Galloo is the start of an amazing adventure[/caption]

NEXT STEPS

Given the dilapidated condition of many of the structures on the island, the Pattens anticipate employing a bevy of full- and part-time contractors to initiate the many improvements required to stabilize as well as improve current infrastructure. Owning a 2,000-acre landmark is many things. Cheap is not one of them.

[caption id="attachment_57133" align="alignright" width="200"] OLD SCHOOL Sunset kickball games have become a vigorous tradition on Galloo.[/caption]

Numerous additional challenges loom from restoring wildlife habitat to taming farmland that has been overtaken by invasive species. Repurposing vintage building materials will be a puzzle all by itself.

In addition to extensive renovations, the partners are committed to bringing the land back to life. Decades of absentee ownership have taken a toll.

“No one has managed the timber,” Mike says. “The deer need food plots. The meadows are full of who knows how many different invasive species. The whole place needs a lot of TLC. Fortunately for me and John, we’ve got three great partners in Mike, Davy, and Kevin. These guys know land, and they all know what it will take to get Galloo back up to speed. Trust me — we’ll make it happen.”

]]> 57113 0 0 0 The moment this Great Lakes isle came to market, MIKE and JOHN PATTEN snapped it up. That’s how much it means to them.

Photography By Gustav Schmiege III]]> LARGEST PRIVATE ISLAND FOR SALE IN THE US Listing broker Vladi Private Islands touted Galloo’s impressive size.]]> <\/a> MAIN LODGE<\/strong> The eight-bedroom structure sleeps 20. Built in the 1800s, it was completely refurbished in the 1980s.[\/caption]

More than two decades had passed since Mike Patten and his son John set foot on Galloo Island. Yet both continually obsessed about their<\/em> island. Although the nearly 2,000-acre sanctuary sits six miles off New York\u2019s northern shores in Lake Ontario, it was always front and center in their minds.<\/p>

In the 1980s, Galloo belonged to a Patten family company. As impressive as that may sound, it\u2019s a distinction that can be applied to hundreds of thousands of acres in 40 different states. Patten Realty Corporation was America\u2019s first national land development company. Founded in 1966, it ultimately went public and was listed on the New York Stock Exchange. In 1994, it was renamed Bluegreen Corporation.<\/p>

Mike helped his father create that company, and Galloo was a favorite corporate retreat. For the last decade, Mike and John have built Patten Companies, which is headquartered in Naples, Florida. Although their primary focus has been developments in the South and in Texas, with the change in seasons, the native New Englanders migrate north to the Berkshires of Massachusetts and Woodlife Ranch, their 1,100-acre getaway nestled along the banks of the Green River.<\/p>

Invariably, their conversations drifted back to Galloo. \u201cJohn never lost track of it. He was always watching what was going on there. And when Vladi Private Islands dropped the price to below $8 million, he told me, \u2018Let\u2019s do it,\u2019\u201d Mike says.<\/p>

Three longtime family friends and fellow \u00adoutdoor enthusiasts \u2014 Mike Emmons, Davy Roberts, and Kevin Smith \u2014 jumped at the chance to throw in as partners. To everyone\u2019s delight, the partnership took title to the island last fall.<\/p>

ON LAND<\/h4>[caption id=\"attachment_57127\" align=\"alignright\" width=\"300\"]<\/a> NATIVE WHITETAILS<\/strong> One of the partners\u2019 top priorities is to improve forage opportunities for the deer.[\/caption]

One of the island\u2019s standout features is its diverse array of wildlife. Turkey, pheasant, geese, duck, and birds of prey are a few of the many avian species that call Galloo home. Come September, the island is blanketed in monarch butterflies as they migrate south.<\/p>

Other critters range from coyote to beaver; the white-tailed deer are exceptional. By June, enormous bucks sport sizeable, velvety horns.<\/p>

\u201cThere is nothing like this in the United States \u2014 an island with this kind of deer herd,\u201d Mike says.<\/p>

Galloo\u2019s whitetails enjoy ample room to forage, feed, and breed. The island is 4.5 miles long and 1.5 miles wide. All told, it encompasses more than three square miles and has 11 miles of shoreline.<\/p>

Thanks to Mother Nature, the herd\u2019s natural feeding grounds are lush and plentiful. Yet supplemental feeding is a necessity. If Northern New York\u2019s notoriously harsh winter weather isn\u2019t enough of a challenge, consider the effects of the subzero gusts that scream off the lake during the dark days of wintertime.<\/p>[caption id=\"attachment_57128\" align=\"aligncenter\" width=\"1024\"]<\/a> GREAT LAKES LANDMARK<\/strong> Congress authorized $12,500 to fund the Galloo Island Lighthouse in 1819.<\/span>[\/caption]

AT SEA<\/h4>

The waters of Lake Ontario are similarly bountiful. \u201cIt\u2019s the best smallmouth bass fishing in America,\u201d Mike says. The story of this unusual occurrence deserves to be shared.<\/span><\/p>

Decades ago, when Mike and John Patten first wet a hook in the waters off Galloo, a typical smallmouth bass weighed two or three pounds. Today, four- and five-pounders are routine, and six- and seven-pounders are regularly reeled in.<\/p>[caption id=\"attachment_57348\" align=\"alignright\" width=\"300\"] TROPHY CATCH<\/strong> Sam Bartlett landed this monster 12-pound brown trout 50 yards offshore.[\/caption]

Credit an odd little fish called the round goby for this upgrade. In the early 1990s, this bottom feeder hitched a ride across the Atlantic in the ballast water of transoceanic ships departing the Black and Caspian Seas of Eastern Europe. Not only did the round goby thrive in all five of the Great Lakes, it flourished. In some areas, it achieved densities of 100 fish per square meter. Of equal importance is that Galloo\u2019s rocky and sandy shores are the goby\u2019s preferred feeding grounds, a fact much appreciated by native smallmouth bass. \u201cOntario\u2019s most unwanted invasive species is our favorite,\u201d Mike says.<\/p>

HISTORY<\/h4>[caption id=\"attachment_57130\" align=\"alignright\" width=\"300\"]<\/a> HIS EXCELLENCY<\/strong> Secretary of State John Foster (seated right) catches a ride to Galloo from Will Stevens (standing) onboard The Duke. Foster, his son-in-law Robert Lansing, and his grandson John Foster Dulles all served as US secretaries of state. Another grandson, Allen Dulles, served as CIA director at the height of the Cold War from 1953 to 1961. All four regularly trekked to Galloo.[\/caption]

Despite its remote setting, Galloo Island has long been recognized for its strategic placement through the centuries. During the French and Indian War (1754\u20131763), the Saint Lawrence River and Lake Ontario were key theaters for British and French forces. A half-century later during the War of 1812, the Royal Navy was sparring with the frigates of the US Navy in the same waters. Nearby Sackets Harbor became Great Lakes headquarters for the US Navy, and its shipyard employed thousands. In 1819, the vital placement of Galloo was further emphasized when Congress authorized $12,500 to fund the construction of the Galloo Island Lighthouse. A century later during the long thirsty years of the Prohibition Era, Galloo was a way station for rumrunners spiriting hooch across the lake from Canadian distilleries. More recently, Galloo and its neighbors, Stony Island and Association Island, have served as high-end corporate retreats: Stony, for Phillips 66, and Association, for General Electric.<\/p>[caption id=\"attachment_57129\" align=\"aligncenter\" width=\"1024\"] SUNKEN TREASURE<\/strong> Hundreds of shipwrecks litter the waters of Lake Ontario, including one discovered off Galloo in June.[\/caption]

\u00a0<\/h4>

DAVY JONES\u2019S LOCKER<\/h4>

One of the many benefits of their decades-long ties to Galloo has been the Pattens\u2019 rewarding relationship with the island\u2019s longtime caretakers, Rick Hartman and Roxanne Grant. For the past 15 years, the couple has lived on Galloo most of the year \u2014 essentially, the habitable seasons. During spring, summer, and fall, the couple commutes to and from the island by boat and by airplane.<\/p>

While on one of her commutes, Roxanne noticed what appeared to be the remnants of sunken wreckage along a shoal just off the island. Finally, her curiosity got the better of her, and she mentioned it to her son.<\/p>

Prompted by his mother, Brandon Kampnich began investigating the framework of the wooden ship in June 2022. He was intrigued by what little he could make out, and he decided to alert Tim Caza, a US Coast Guard captain and an active scuba diver who specializes in long-lost ships. Tim\u2019s 45 years\u2019 experience in the waters of the Great Lakes, the Caribbean, and other venues made him the ideal choice to scout Roxanne\u2019s find.<\/p>

Tim and his partner, Dennis Gerber, dove the site and confirmed that it was a previously undiscovered double-masted daggerboard scow schooner like the ones that plied the Great Lakes in the early 1800s.<\/p>

This discovery compliments Brandon\u2019s other finds on Galloo, including Civil War and Prohibition-era coins and tokens, uniform buttons, musket balls, and a gold engagement ring. The shipwreck also lends credence to efforts to establish a marine sanctuary in the eastern basin of Lake Ontario to protect shipwrecks discovered since the arrival of a second invasive species, the zebra mussel. The tiny mollusks were introduced to the Great Lakes by ocean freighters\u2019 bilge water. The mussels not only filter the murky lakes\u2019 waters, but their shells, crushed by lake waves, have created white sandy beaches where none previously existed.<\/p>[caption id=\"attachment_57131\" align=\"aligncenter\" width=\"1024\"] POWER PLAYERS<\/strong> The Fortnightly Club welcomed a host of VIPs including secretaries of state and a director of the CIA.[\/caption]

FORTNIGHTLY CLUB<\/h4>

One of the most astonishing chapters in the history of Galloo \u2014 or any other venue for that matter \u2014 is the existence of the Fortnightly Club.<\/p>

Established in a rustic farmhouse at the north end of the island, this invitation-only club catered to a gentlemanly sort that celebrated the outdoors lifestyle found on Galloo. The club\u2019s name was derived from the two weeks that the all-male membership bunked dormitory-style in the lodge each year. The organization itself can be traced back to Woodrow Wilson\u2019s secretary of state, Robert Lansing (1864\u20131928), a native of Watertown, a New York port just minutes from Galloo.<\/p>

Lansing was not the only big shot to belong to the Fortnightly Club. His father-in-law happened to be President Benjamin Harrison\u2019s secretary of state, John Foster (1836\u20131917). His nephews \u2014 also Fortnightly members, of course \u2014 included two of America\u2019s leading Cold Warriors: Secretary of State John Foster Dulles (1888\u20131959), who served under Dwight Eisenhower; and CIA Director Allen Dulles (1893\u20131969), who also served under Ike. Countless other prominent politicos were members, including Judge Nicholas Yost of Watertown, whose son Charles would go on to become the ninth US Ambassador to the United Nations. Clearly, this was no ordinary gathering.<\/p>

In the years that followed, the clubhouse was owned by H. Edmund Machold (1880\u20131967), a long-time member of the New York State Assembly who went on to serve as speaker of the lower house.<\/p>

While exploring the great room of the lodge with its massive island stone fireplace dating back to 1908, Mike and John Patten discovered a small handmade table. Upon further inspection, they determined it was featured in a photograph from the early 1920s that included Secretary Lansing and his fellow members. Still in good condition after 100 years, it is now on display at a small museum in nearby Henderson, New York.<\/p>[caption id=\"attachment_57132\" align=\"aligncenter\" width=\"1024\"] NEW FRONTIER<\/strong> For the Pattens, their return to Galloo is the start of an amazing adventure[\/caption]

NEXT STEPS<\/h4>

Given the dilapidated condition of many of the structures on the island, the Pattens anticipate employing a bevy of full- and part-time contractors to initiate the many improvements required to stabilize as well as improve current infrastructure. Owning a 2,000-acre landmark is many things. Cheap is not one of them.<\/p>[caption id=\"attachment_57133\" align=\"alignright\" width=\"200\"]<\/a> OLD SCHOOL<\/strong> Sunset kickball games have become a vigorous tradition on Galloo.[\/caption]

Numerous additional challenges loom from restoring wildlife habitat to taming farmland that has been overtaken by invasive species. Repurposing vintage building materials will be a puzzle all by itself.<\/p>

In addition to extensive renovations, the partners are committed to bringing the land back to life. Decades of absentee ownership have taken a toll.<\/p>

\u201cNo one has managed the timber,\u201d Mike says. \u201cThe deer need food plots. The meadows are full of who knows how many different invasive species. The whole place needs a lot of TLC. Fortunately for me and John, we\u2019ve got three great partners in Mike, Davy, and Kevin. These guys know land, and they all know what it will take to get Galloo back up to speed. Trust me \u2014 we\u2019ll make it happen.\u201d <\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"de4a6ee","display_condition_date":"21-09-2022","display_condition_date_range":"21-09-2022 to 23-09-2022","display_condition_advanced_date":"21-09-2022"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2022/08/midwest-farmland-values-on-the-rise/ Thu, 25 Aug 2022 23:20:48 +0000 https://thelandreport.c51dev.com/?p=57228 HERE.]]> 57228 0 0 0 https://landreport.com/2022/08/wyoming-bar-cross-ranch-hits-the-market/ Thu, 25 Aug 2022 23:22:34 +0000 https://thelandreport.c51dev.com/?p=57231 Read more HERE.]]> 57231 0 0 0 https://landreport.com/2022/08/idaho-hunting-and-fishing-retreat-for-sale/ Mon, 29 Aug 2022 11:24:31 +0000 https://thelandreport.c51dev.com/?p=57237 Read more HERE.]]> 57237 0 0 0 https://landreport.com/2022/08/university-lands-modernizes-management-plan/ Wed, 31 Aug 2022 10:25:49 +0000 https://thelandreport.c51dev.com/?p=57240 “providing prudent stewardship aimed at protecting the environment while earning the best possible return on investment.” Senior Vice President of Operations Richard Brantly is focused on the importance of protecting West Texas’ freshwater zones because University Lands supplies groundwater to several West Texas municipalities. While the agency doesn’t operate or monitor the wells, it does ensure that operators adhere to health and safety regulations. Brantly said that technological advances have greatly improved the monitoring capabilities of University Lands. Read more HERE.]]> 57240 0 0 0 https://landreport.com/2022/08/lawton-farms-sells-for-18-6-million/ Wed, 17 Aug 2022 00:00:08 +0000 https://thelandreport.c51dev.com/?p=57244 Read more HERE.]]> 57244 0 0 0 https://landreport.com/2022/09/king-ranch-art/ Thu, 01 Sep 2022 06:00:07 +0000 https://landreport.com/?p=57314 Coastal Plains (Norias) 2019, Oil on canvas, 30 x 48"[/caption] King Ranch chose to celebrate the centennial of the current Main House by commissioning an original painting. It's a tradition that harkens back to the grand estates of Europe. King Ranch has long used artwork to document and celebrate its rich history, which dates back to the 1850s. To paint this milestone portrait, the family chose a native son of the Wild Horse Desert, an artist with a deep affection for and understanding of the distinctive landscape of South Texas. Is it any wonder then that the single oil painting completed in 2015 morphed into a multiyear project resulting in both a book and a much lauded exhibition at San Antonio’s Witte Museum? Everything is indeed bigger in Texas. Published in the fall of 2021 by Texas A&M University Press, King Ranch: A Legacy in Art features 65 paintings and studies created by Noe Perez, an artist in the tradition of venerable 19th- and 20th-century Texas impressionists such as Julian Onderdonk, Porfirio Salinas, Jose Arpa, Robert Wood, and Dawson Dawson-Watson. Perez spent much of the COVID-19 pandemic painting scenes and vignettes from King Ranch inside the converted garage studio of his Corpus Christi home. He describes the entire endeavor as a delight, culminating in the show at the Witte that debuted in December. [caption id="attachment_57422" align="alignright" width="300"] Creek Barn Trap Grazers (Santa Gertrudis) 2019, Oil on canvas, 25 x 30"[/caption] “I admit I had some sleepless nights before the opening,” Perez says, “but it was one of the best nights of my life, a dream come true.” The acclaimed exhibition, which wrapped up its run in March, drew thousands of visitors, many from South Texas. “Noe’s landscapes are authentic and serve as a reminder of the beautifully rugged place that is King Ranch,” Jamey Clement Jr. writes in the foreword. A fifth-generation family member, Clement was chairman of the board of King Ranch, Inc. when the book was commissioned.“I can think of no better artist to provide an inside view of our family home and convey in a small way why we are so proud of it and its legacy,” Clement says. “This is where I grew up and where I want to be. I don’t travel to the mountains or travel to other different places. “I go to King Ranch.

"I can think of no better artist to provide an inside view of our family home and convey in a small way why we are so proud of it and its legacy."

— Jamey Clement Jr.

[caption id="attachment_57426" align="aligncenter" width="1024"] Gate at Spohn Pens (Santa Gertrudis) 2019, Oil on canvas, 30 x 30"[/caption] For Perez, the book and the show represent the culmination of a lifetime of study, practice, and perseverance. The 64-year-old artist can barely recall a time when he didn’t have a crayon, pencil, or paintbrush in hand. During his junior high school years, he took private lessons with a local artist who introduced him to oil paints. The instructor also helped him hone his sense of color, something that would prove an enduring hallmark of his work. “I’ve been experimenting and developing as an artist ever since,” says Perez, whose father cowboyed on various South Texas ranches. “Painting has always been in the back of my consciousness always.” At Texas A&M-Kingsville, Perez trained as a civil engineer. He continues to work in the energy industry. Despite the rigors of his profession and family life, he always manages to find time to create art. Perez began developing a following decades ago. His devotees include Clement. The retired chairman first encountered the artist’s romantic landscapes at a gallery in Kingsville. “It’s almost like an addiction,” says Clement, who grew up on the 825,000-acre ranch and subsequently returned as an adult to work for King Ranch, Inc. “I think I have 20 to 30 of Noe’s paintings. They’re in my home, my children’s homes, my mother’s home, my office. Basically, wherever I can find wall space.” [caption id="attachment_57430" align="alignright" width="241"] Drifting Manada (Santa Gertrudis) 2018, Oil on canvas, 30 x 24"[/caption] Reaves Fine Art in Houston began representing Perez’s work in 2010, a move that exponentially widened his audience. Perez’s relationship with William and Linda Reaves flourished even after they sold their Westheimer Road gallery to Sarah Foltz, the proprietor of Foltz Fine Art in the same locale. When it came to create King Ranch: A Legacy in Art, the couple, who co-edit various art publications, served as both shepherd and matchmaker. With full support from Clement, immediate past president and CEO Robert Underbrink, and the rest of the ranch leadership, the Reaveses pitched the project to Texas A&M Press. From there, the duo assembled a team of writers that includes longtime King Ranch historian Bob Kinnan. Bruce Shackleford and Ron Tyler, both renowned experts in Texas art history, also contributed insightful essays. Bill Reaves, who classifies Perez as a contemporary Texas regionalist, asserts that his paintings will stand the test of time. “Even some of our clients who were diehard collectors of only deceased artists like Onderdonk or Salinas felt an immediate connection to Noe’s work,” Reaves says. Perez typically completes 20 paintings a year, a pace that demands focus, discipline, and confidence in his creative vision. For his larger works, which sell in the low five-figures, he stretches the linen himself. His compositions can seem surprising — a windmill in profile, the Main House of the ranch rising behind two grazing Quarter Horses, a country path cutting through an oak motte. His prodigious talent means even a humble fence evokes time and place. When it came to the King Ranch paintings, Clement, Kinnan, and various family members gave Perez suggestions about the subjects he should feature, including the Carriage House and other landmarks spread out over the ranch's four divisions: Santa Gertrudis, Laureles, Encino, and Norias. The artist, however, enjoyed free rein to paint the scenes in the manner of his choosing. [caption id="attachment_57329" align="aligncenter" width="1024"] Ladinas (Norias) 2019, Oil on canvas, 20 x 30"[/caption] Perez didn’t visit King Ranch until 2014 for the Main House commission, though he grew up hearing stories about the legendary birthplace of American ranching. In support of the book project, he made dozens of trips to the ranch over a two-year period. He photographed scenes from dawn to dusk and then painted them in his home studio. Never did the vastness of King Ranch cease to astound him. “We would drive and drive and drive,” he recalls, noting that someone, often Kinnan, accompanied him to make sure he wouldn’t get lost on the backroads. “The size of the place is almost hard to believe,” he says.

"The tradition of bringing artists to the ranch dates to Henrietta King, something the storied ranches of Texas did before photography. The fact that King Ranch continues that legacy of art is so inspiring."

— Marise McDermott, The Witte Museum

[caption id="attachment_57448" align="aligncenter" width="1024"] Kineños (La Corrida) (Santa Gertrudis) 2020, Oil on canvas, 30 x 48"[/caption] Could Richard King (1834-1885) have imagined that seven generations of his descendants would maintain the family ranch, which today boasts a combined acreage greater than the state of Rhode Island? He must have appreciated the boundless possibilities of America, particularly the rugged Southwest. At age 11, this youngster born in New York City to Irish immigrants stowed away on a ship bound for Mobile, Alabama. As a teenager, he earned his pilot’s license and became a captain, a title he embraced for the rest of his life. A fellow pilot named Mifflin Kenedy, whom he’d met during Florida’s Seminole War, recruited him to South Texas to help with his large flotilla of steamboats that supplied the US Army during the Mexican War (1846-48). In peacetime, King planted roots in the new state, buying two land grants totaling 68,500 acres in 1854 with a partner. In the years leading up to the Civil War, Captain King and his bride, Henrietta Chamberlain, grew their family and ranch. According to Kinnan, the patriarch also created the foundation for the ranch’s history-making equestrian division, paying immense sums for well-bred studs to bolster the quality of native mustangs. Between 1869 and 1884, King and his crew of Kineños — loyal ranchhands he recruited from the little hamlet of Cruillas in Northern Mexico — shipped more than 100,000 head of cattle to Kansas, Missouri, Illinois, and Louisiana. By the time of his death, King had amassed nearly 615,000 acres. Stewarding such a massive operation never proved easy, but the ranch faced a true crisis upon Henrietta King’s passing in 1925. Estate taxes compelled her heirs to strike a landmark lease with Humble Oil for mineral rights on the ranch. Through it all, including a 1912 fire that destroyed the original Main House, the family kept meticulous records. Art played a role, too. “The family has brought in prominent artists to depict the ranch over the years including James McCan, Louis Ludean, and Tom Lea,” says Bruce Shackleford, a Witte curator and Antiques Roadshow appraiser who also contributed a chapter to the book. Shackleford also selected which of the Perez paintings to feature on the walls of San Antonio’s Witte Museum. The Witte has enjoyed a long relationship with King Ranch. “The tradition of bringing artists to the ranch dates to Henrietta King, something the storied ranches of Texas did before photography. The fact that King Ranch continues that legacy of art is so inspiring," says Witte CEO Marise McDermott. Today, King Ranch spans nearly 40 miles inland to the coast with terrain that ranges from black dirt to sand dunes, wetlands, and prairies. “It’s sparsely populated, but some believe there is more flora and fauna in South Texas than even in Florida,” Clement says. [caption id="attachment_57428" align="aligncenter" width="1024"] Molino Las Mujeres (Norias) 2019, Oil on canvas, 18 x 24"[/caption] Each element of the landscape — the scrub, the horses and cattle, the gates, the water, the endless skies streaked with clouds — fueled Perez’s imagination. “At the show’s opening, there were family members who were literally teared up over these paintings,” Shackleford says. “That’s a great thing that art does.” Ron Tyler, the former director of Fort Worth’s Amon Carter Museum of Art and professor of history at the University of Texas at Austin, notes how Perez captures the “brilliant” South Texas light. “In Spring Flowers at Encino, he dampens the colors a bit so that the yellow of the summer flowers and the green of the mesquite trees seem more vibrant, while the sky is still a muted but lucent blue,” writes Tyler. For Clement, one painting that especially resonates depicts a mother cow in a pasture. Perez titled it Ladinas. “They all have this nervous gait or strut when they are coming to protect their offspring,” he says. “Noe perfectly captured that with her head up and her chest out.” Of the 43 paintings for the project, Perez feels a particular affinity for those where oak trees play a strong role, including the painting on the book jacket cover, Drifting Manada (Santa Gertrudis). “I could do a whole book on oak trees,” Perez says. A final painting anchors the back cover. Kineños (La Corrida) depicts 14 ranch hands poised in two lines with all but four of the Kineños on horseback. Inspiring the piece was a black-and-white photo from the 1960s that Kinnan discovered in the King Ranch archives. Perez’s evocative interpretation begs the question of why the artist considers himself a landscape rather than figurative painter. The museum and family fielded interest from other institutions about hosting the collection of paintings. The collection will travel as a group before likely making its permanent home at King Ranch. In the meantime, anyone can relish the book with its sumptuous images along with insights into the history of what many describe as one of the most important ranches in the world. “The book is really a tribute to a family,” Kinnan says. “There continue to be great challenges, but the family has come together and held it together with each successive generation improving on what came before them.” Clement offers a different take, expressing gratitude for the work of his forebears, which enabled this inimitable asset to remain vital today. “When you are in ranching, your land is your factory, and if you don’t protect your land, you can’t be in business,” he says. “The fact that we are here almost 170 years later is a testimony to the job we’ve done of being environmentally sound and good stewards of this beautiful land." [caption id="attachment_57330" align="aligncenter" width="1024"] Spring Flowers at Encino (Encino) 2019, Oil on canvas, 20 x 30″[/caption] Published in the 2022 Land Report Texas Special Issue]]> 57314 0 0 0 Noe Perez joins a distinguished roster of acclaimed Texas artists celebrating King Ranch.

  Artwork By Noe Perez]]> King Ranch Main House 2015, Oil on canvas, 30 x 40"]]> King Ranch Main House 2015, Oil on canvas, 30 x 40"]]> <\/a> Coastal Plains<\/b> (Norias)<\/i> 2019, Oil on canvas, 30 x 48\"[\/caption]

King Ranch chose to celebrate the centennial of the current Main House by commissioning an original painting. It's a tradition that harkens back to the grand estates of Europe. King Ranch has long used artwork to document and celebrate its rich history, which dates back to the 1850s. To paint this milestone portrait, the family chose a native son of the Wild Horse Desert, an artist with a deep affection for and understanding of the distinctive landscape of South Texas.<\/p>

Is it any wonder then that the single oil painting completed in 2015 morphed into a multiyear project resulting in both a book and a much lauded exhibition at San Antonio\u2019s Witte Museum? Everything is indeed bigger in Texas.
Published in the fall of 2021 by Texas A&M University Press, King Ranch: A Legacy in Art features 65 paintings and studies created by Noe Perez, an artist in the tradition of venerable 19th- and 20th-century Texas impressionists such as Julian Onderdonk, Porfirio Salinas, Jose Arpa, Robert Wood, and Dawson Dawson-Watson.<\/p>

Perez spent much of the COVID-19 pandemic painting scenes and vignettes from King Ranch inside the converted garage studio of his Corpus Christi home. He describes the entire endeavor as a delight, culminating in the show at the Witte that debuted in December.<\/p>[caption id=\"attachment_57422\" align=\"alignright\" width=\"300\"] Creek Barn Trap Grazers<\/b> (Santa Gertrudis)<\/i> 2019, Oil on canvas, 25 x 30\"[\/caption]

\u201cI admit I had some sleepless nights before the opening,\u201d Perez says, \u201cbut it was one of the best nights of my life, a dream come true.\u201d<\/p>

The acclaimed exhibition, which wrapped up its run in March, drew thousands of visitors, many from South Texas.<\/p>

\u201cNoe\u2019s landscapes are authentic and serve as a reminder of the beautifully rugged<\/p>

place that is King Ranch,\u201d Jamey Clement Jr. writes in the foreword. A fifth-generation family member, Clement was chairman of the board of King Ranch, Inc. when the book was commissioned.\u201cI can think of no better artist to provide an inside view of our family home and convey in a small way why we are so proud of it and its legacy,\u201d Clement says. \u201cThis is where I grew up and where I want to be. I don\u2019t travel to the mountains or travel to other different places.<\/p>

\u201cI go to King Ranch.<\/p>

\"I can think of no better artist to provide an inside view of our family home and convey in a small way why we are so proud of it and its legacy.\"\u00a0<\/h3>

\u2014 Jamey Clement Jr.<\/strong><\/h3><\/blockquote>[caption id=\"attachment_57426\" align=\"aligncenter\" width=\"1024\"]<\/a> Gate at Spohn Pens<\/b> (Santa Gertrudis)<\/i> 2019, Oil on canvas, 30 x 30\"[\/caption]

For Perez, the book and the show represent the culmination of a lifetime of study, practice, and perseverance. The 64-year-old artist can barely recall a time when he didn\u2019t have a crayon, pencil, or paintbrush in hand. During his junior high school years, he took private lessons with a local artist who introduced him to oil paints. The instructor also helped him hone his sense of color, something that would prove an enduring hallmark of his work.<\/p>

\u201cI\u2019ve been experimenting and developing as an artist ever since,\u201d says Perez, whose father cowboyed on various South Texas ranches. \u201cPainting has always been in the back of my consciousness always.\u201d<\/p>

At Texas A&M-Kingsville, Perez trained as a civil engineer. He continues to work in the energy industry. Despite the rigors of his profession and family life, he always manages to find time to create art.<\/p>

Perez began developing a following decades ago. His devotees include Clement. The retired chairman first encountered the artist\u2019s romantic landscapes at a gallery in Kingsville.<\/p>

\u201cIt\u2019s almost like an addiction,\u201d says Clement, who grew up on the 825,000-acre ranch and subsequently returned as an adult to work for King Ranch, Inc. \u201cI think I have 20 to 30 of Noe\u2019s paintings. They\u2019re in my home, my children\u2019s homes, my mother\u2019s home, my office. Basically, wherever I can find wall space.\u201d<\/p>[caption id=\"attachment_57430\" align=\"alignright\" width=\"241\"]<\/a> Drifting Manada<\/b> (Santa Gertrudis)<\/i> 2018, Oil on canvas, 30 x 24\"[\/caption]

Reaves Fine Art in Houston began representing Perez\u2019s work in 2010, a move that exponentially widened his audience. Perez\u2019s relationship with William and Linda Reaves flourished even after they sold their Westheimer Road gallery to Sarah Foltz, the proprietor of Foltz Fine Art in the same locale. When it came to create King Ranch: A Legacy in Art, the couple, who co-edit various art publications, served as both shepherd and matchmaker.<\/p>

With full support from Clement, immediate past president and CEO Robert Underbrink, and the rest of the ranch leadership, the Reaveses pitched the project to Texas A&M Press. From there, the duo assembled a team of writers that includes longtime King Ranch historian Bob Kinnan. Bruce Shackleford and Ron Tyler, both renowned experts in Texas art history, also contributed insightful essays.
Bill Reaves, who classifies Perez as a contemporary Texas regionalist, asserts that his paintings will stand the test of time. \u201cEven some of our clients who were diehard collectors of only deceased artists like Onderdonk or Salinas felt an immediate connection to Noe\u2019s work,\u201d Reaves says.<\/p>

Perez typically completes 20 paintings a year, a pace that demands focus, discipline, and confidence in his creative vision. For his larger works, which sell in the low five-figures, he stretches the linen himself. His compositions can seem surprising \u2014 a windmill in profile, the Main House of the ranch rising behind two grazing Quarter Horses, a country path cutting through an oak motte. His prodigious talent means even a humble fence evokes time and place.<\/p>

When it came to the King Ranch paintings, Clement, Kinnan, and various family members gave Perez suggestions about the subjects he should feature, including the Carriage House and other landmarks spread out over the ranch's four divisions: Santa Gertrudis, Laureles, Encino, and Norias. The artist, however, enjoyed free rein to paint the scenes in the manner of his choosing.<\/p>[caption id=\"attachment_57329\" align=\"aligncenter\" width=\"1024\"]<\/a> Ladinas<\/b> (Norias)<\/i> 2019, Oil on canvas, 20 x 30\"[\/caption]

Perez didn\u2019t visit King Ranch until 2014 for the Main House commission, though he grew up hearing stories about the legendary birthplace of American ranching. In support of the book project, he made dozens of trips to the ranch over a two-year period. He photographed scenes from dawn to dusk and then painted them in his home studio.<\/p>

Never did the vastness of King Ranch cease to astound him. \u201cWe would drive and drive and drive,\u201d he recalls, noting that someone, often Kinnan, accompanied him to make sure he wouldn\u2019t get lost on the backroads.<\/p>

\u201cThe size of the place is almost hard to believe,\u201d he says.<\/p>

\"The tradition of bringing artists to the ranch dates to Henrietta King, something the storied ranches of Texas did before photography. The fact that King Ranch continues that legacy of art is so inspiring.\"<\/h3>

\u2014 Marise McDermott, <\/strong>The Witte Museum<\/strong><\/h3><\/blockquote>[caption id=\"attachment_57448\" align=\"aligncenter\" width=\"1024\"]<\/a> Kine\u00f1os<\/b> (La Corrida) (Santa Gertrudis) <\/i>2020, Oil on canvas, 30 x 48\"[\/caption]

Could Richard King (1834-1885) have imagined that seven generations of his descendants would maintain the family ranch, which today boasts a combined acreage greater than the state of Rhode Island? He must have appreciated the boundless possibilities of America, particularly the rugged Southwest. At age 11, this youngster born in New York City to Irish immigrants stowed away on a ship bound for Mobile, Alabama. As a teenager, he earned his pilot\u2019s license and became a captain, a title he embraced for the rest of his life.<\/p>

A fellow pilot named Mifflin Kenedy, whom he\u2019d met during Florida\u2019s Seminole War, recruited him to South Texas to help with his large flotilla of steamboats that supplied the US Army during the Mexican War (1846-48). In peacetime, King planted roots in the new state, buying two land grants totaling 68,500 acres in 1854 with a partner.<\/p>

In the years leading up to the Civil War, Captain King and his bride, Henrietta Chamberlain, grew their family and ranch. According to Kinnan, the patriarch also created the foundation for the ranch\u2019s history-making equestrian division, paying immense sums for well-bred studs to bolster the quality of native mustangs.
Between 1869 and 1884, King and his crew of Kine\u00f1os \u2014 loyal ranchhands he recruited from the little hamlet of Cruillas in Northern Mexico \u2014 shipped more than 100,000 head of cattle to Kansas, Missouri, Illinois, and Louisiana.<\/p>

By the time of his death, King had amassed nearly 615,000 acres. Stewarding such a massive operation never proved easy, but the ranch faced a true crisis upon Henrietta King\u2019s passing in 1925.<\/p>

Estate taxes compelled her heirs to strike a landmark lease with Humble Oil for mineral rights on the ranch. Through it all, including a 1912 fire that destroyed the original Main House, the family kept meticulous records. Art played a role, too.<\/p>

\u201cThe family has brought in prominent artists to depict the ranch over the years including James McCan, Louis Ludean, and Tom Lea,\u201d says Bruce Shackleford, a Witte curator and Antiques Roadshow appraiser who also contributed a chapter to the book. Shackleford also selected which of the Perez paintings to feature on the walls of San Antonio\u2019s Witte Museum.<\/p>

The Witte has enjoyed a long relationship with King Ranch. \u201cThe tradition of bringing artists to the ranch dates to Henrietta King, something the storied ranches of Texas did before photography. The fact that King Ranch continues that legacy of art is so inspiring,\" says Witte CEO Marise McDermott.<\/p>

Today, King Ranch spans nearly 40 miles inland to the coast with terrain that ranges from black dirt to sand dunes, wetlands, and prairies. \u201cIt\u2019s sparsely populated, but some believe there is more flora and fauna in South Texas than even in Florida,\u201d Clement says.<\/p>[caption id=\"attachment_57428\" align=\"aligncenter\" width=\"1024\"]<\/a> Molino Las Mujeres<\/b> (Norias)<\/i> 2019, Oil on canvas, 18 x 24\"[\/caption]

Each element of the landscape \u2014 the scrub, the horses and cattle, the gates, the water, the endless skies streaked with clouds \u2014 fueled Perez\u2019s imagination.\u00a0
\u201cAt the show\u2019s opening, there were family members who were literally teared up over these paintings,\u201d Shackleford says. \u201cThat\u2019s a great thing that art does.\u201d<\/p>

Ron Tyler, the former director of Fort Worth\u2019s Amon Carter Museum of Art and professor of history at the University of Texas at Austin, notes how Perez captures the \u201cbrilliant\u201d South Texas light.<\/p>

\u201cIn Spring Flowers at Encino, he dampens the colors a bit so that the yellow of the summer flowers and the green of the mesquite trees seem more vibrant, while the sky is still a muted but lucent blue,\u201d writes Tyler.<\/p>

For Clement, one painting that especially resonates depicts a mother cow in a pasture. Perez titled it Ladinas. \u201cThey all have this nervous gait or strut when they are coming to protect their offspring,\u201d he says. \u201cNoe perfectly captured that with her head up and her chest out.\u201d<\/p>

Of the 43 paintings for the project, Perez feels a particular affinity for those where oak trees play a strong role, including the painting on the book jacket cover, Drifting Manada (Santa Gertrudis).<\/p>

\u201cI could do a whole book on oak trees,\u201d Perez says.<\/p>

A final painting anchors the back cover. Kine\u00f1os (La Corrida) depicts 14 ranch hands poised in two lines with all but four of the Kine\u00f1os on horseback. Inspiring the piece was a black-and-white photo from the 1960s that Kinnan discovered in the King Ranch archives. Perez\u2019s evocative interpretation begs the question of why the artist considers himself a landscape rather than figurative painter.<\/p>

The museum and family fielded interest from other institutions about hosting the collection of paintings. The collection will travel as a group before likely making its permanent home at King Ranch. In the meantime, anyone can relish the book with its sumptuous images along with insights into the history of what many describe as one of the most important ranches in the world.<\/p>

\u201cThe book is really a tribute to a family,\u201d Kinnan says. \u201cThere continue to be great challenges, but the family has come together and held it together with each successive generation improving on what came before them.\u201d<\/p>

Clement offers a different take, expressing gratitude for the work of his forebears, which enabled this inimitable asset to remain vital today.<\/p>

\u201cWhen you are in ranching, your land is your factory, and if you don\u2019t protect your land, you can\u2019t be in business,\u201d he says. \u201cThe fact that we are here almost 170 years later is a testimony to the job we\u2019ve done of being environmentally sound and good stewards of this beautiful land.\" <\/span><\/span><\/span><\/span><\/p>[caption id=\"attachment_57330\" align=\"aligncenter\" width=\"1024\"]<\/a> Spring Flowers at Encino<\/b> (Encino)<\/i> 2019, Oil on canvas, 20 x 30\u2033[\/caption]

Published in the 202<\/span>2 <\/span>Land Report<\/span> Texa<\/span>s Special Issue<\/span><\/em><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"de4a6ee","display_condition_date":"21-09-2022","display_condition_date_range":"21-09-2022 to 23-09-2022","display_condition_advanced_date":"21-09-2022"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2022/08/xit-ranch/ Tue, 30 Aug 2022 00:00:54 +0000 https://landreport.com/?p=57483 & Livestock, she’ll be ridden by Matt Koch. Koch and Ben Baldus are Knowles’s go-to guys. They train all his performance horses. “They ride with us, not for us,” he says. As Number 27 finishes to whoops and hollers, Knowles places his palms on the back of the chair in front of us. “I guess you’ve done this enough times that you don’t get nervous?” I ask. He smiles and shakes his head. “The hair on my arms stands up,” he says. Sparkles and Koch ride into the arena and flat out nail it. They end up tying for third in the Open Two Rein World Finals, which helps propel them to win top honors as the 2021 NRCHA National Champions for sustained performance over a show season. At that moment, though, I couldn’t help but focus on the folded paper sign perched on the table before us. The brand it displays would be familiar to anyone even slightly familiar with Texas history. But in the current context, if you’re made a certain way, with certain connections and affections, that brand – XIT – might make the hair on your arms stand up. [caption id="attachment_57486" align="aligncenter" width="1024"] GAME PLAN Ben Baldus (left) and Drew Knowles (right) grab a quick chat at the Celebration of Champions.[/caption]

THE LEGISLATION

On February 20, 1879, the 16th Texas Legislature passed a law appropriating 3,050,000 acres, the sale of which would fund the construction of a new statehouse. The acreage would be selected through a survey of the five-million-acre Capitol Land Reservation in the northwest corner of the Texas Panhandle, which extended 200 miles south to the storied yellow bluffs that had been known to Comancheros, Ciboleros, and Mexican and Spanish herdsmen as las Casas Amarillas – the Yellow Houses. Only four years had passed since the great Comanche war chief Quanah Parker and his brave band of Kwahadis rode into Fort Sill and laid down their rifles. With the Red River War now ended, and the Comanche and the Kiowa penned up on reservations in Oklahoma, the commercial hide men descended on the Texas Panhandle like a plague. They had already annihilated the bison herds in Kansas. Over the next three years, they slaughtered the remnants of the great Southern Herd. The Great Plains lobo was all but exterminated. Then came the cattlemen. Samuel Burk Burnett’s 6666-branded cattle were already grazing on the open range along the Little Wichita. Farther north, Dan and Tom Waggoner had stocked thousands of head between the Wichita and the Red Rivers. A great boom followed. Investors from the British Isles scrambled to place funds. Plows followed cows. Towns sprang up on buffalo range. And the Lone Star State required a statehouse worthy of its ambitions and its self-perception.

THE XIT RANCH LEGACY

Holidays are a time for sharing memories, both old and new. That was definitely the case on Thanksgiving Day in 1992. Eleven-year-old Drew Knowles was scouring the bookshelves at his grandmother’s home in Cincinnati, looking for something to read. When he saw “XIT” on the spine of an older book, he asked his father what the letters stood for. Harvey C. Knowles III suggested that his son ask “Danny.” In no time, Marcia Tuttle Knowles — aka “Danny” — sat her grandson down before a crackling fire and shared the larger-than-life story of his third great-grandfather. John V. Farwell (1825–1908) was a Chicago dry goods merchant and a founding partner in the enterprise that built the third (and current) Texas State Capitol. In return for its construction, Farwell, his brother, and their partners received title to the largest cattle ranch in American history. Danny told stories of the cattle, the cowboys, and the outlaws that had been shared with her, including the sale of the very last tract in 1963. In closing, she placed a first edition of J. Evetts Haley’s The XIT Ranch of Texas in her grandson’s hands and said, “Everything you need to learn is in this book.”

THE SYNDICATE

On November 9, 1881, the Texas State Capitol caught fire and burned to the ground. What had once been a legislative priority — the building of a new statehouse — quickly became a mandate. The contract was awarded to one Mathias Schnell of Rock Island, Illinois. Schnell must have been quite the character. Shortly after he landed the construction contract, he transferred a three-quarters interest to a group of Chicago investors known as the Capitol Syndicate. When it was subsequently alleged that Schnell had bribed a Capitol Commissioner and the architect, he transferred his remaining 25 percent interest to the group as well. The Capitol Syndicate’s investors included two pairs: brothers John V. and Charles B. Farwell, and Colonels Abner Taylor and Amos Babcock. Within days of securing the contract, Babcock set out for the wilds of the Panhandle. At Fort Elliott, he procured a four-mule ambulance, an equipment wagon, and a wall tent. Then he went west and north to the boundary of the Capitol Reservation with a surveyor, some cowboys, and a Mexican cook. Over the next 36 days, this crew trekked 950 miles as they established the boundaries of the Capitol Syndicate’s one-of-a-kind asset.

HIGHEST AND BEST USE

To the uninitiated, some combination of farming and ranching may have seemed like the best way to monetize the multimillion-acre tract. But those who had traversed the High Plains knew better. In 1820, Major Stephen Long — he of Longs Peak fame — led an expedition across the High Plains and dubbed the terrain a “Great Desert.” In his notes, he described it as “almost wholly unfit for cultivation, and of course uninhabitable by a people depending on agriculture.” Josiah Gregg seconded Long’s assessment. In his classic Commerce of the Prairies (1844), he wrote, “[the Plains] seem only fitted for the haunts of the mustang, the buffalo, the antelope, and the migratory lord, the prairie Indian.” Yet he recognized the region’s potential: “… this unequaled pasturage … affords the sufficiency to graze cattle for the supply of the United States.” Colonel Babcock concurred with Long and Gregg. At the conclusion of his surveying tour, he recommended stocking, not farming. But there was a catch. The syndicate owned the land, but it had no funds to stock it. Enter John V. Farwell, who promptly formed the Capitol Freehold Land and Investment Company, put together his own roadshow, and took off for London. Maybe it was the man. Maybe it was the ranch. More than likely, it was both. But when Farwell returned to Chicago, he brought back $5 million, some $2 million more than constructing the capitol required. [caption id="attachment_57489" align="aligncenter" width="1024"] AMERICA’S BIGGEST OUTFIT At its peak, the XIT Ranch employed 150 cowboys and carried 150,000 head.[/caption]

THE XIT RANCH

The first 2,500 longhorns arrived at Buffalo Springs on July 1, 1885. Legend has it that Abner Blocker, who drove the cattle from Fort Concho, drew the XIT brand in the dirt with the toe of his boot. As with the origin of many a great brand, speculation abounds. More than likely, Blocker chose one that would be hard for rustlers to modify with an iron. John V. Farwell selected B.H. “Barbecue” Campbell to be the first general manager of the XIT Ranch. The Kansan oversaw the creation of the XIT Ranch’s eight divisions, which ran from the southern fenceline in Hockley County clear to the Oklahoma Territory: Yellow House, Spring Lake, Escarbada, Alamasitas, Ojo Bravo, Rita Blanca, Middle Water, and Buffalo Springs. The plan was to breed calves in the warmer climate and finish them farther north. By the time they were ready to be driven to Montana, the 2-year-olds would be grazing at Buffalo Springs and ready to be trailed. After the Fort Worth and Denver City Railway arrived in 1887, Channing replaced Buffalo Springs as XIT Ranch headquarters and became another key shipping point. By then, herd size had stabilized at 150,000 head. Within a few years, the XIT Ranch employed 150 cowboys, worked 1,000 horses, and branded 35,000 calves per year. By the turn of the century, 325 windmills pumped groundwater. And that was just in Texas. From its Panhandle range, XIT Ranch drovers trailed 12,500 cattle each year to 2 million acres of leased grounds between the Yellowstone and Missouri Rivers. Per its business plan, the Syndicate began selling off big chunks of land to pay off investors. In 1901, George Littlefield paid $2 an acre to purchase 235,858 acres out of the Yellow House Division. William Halsell paid the same rate for 184,155 acres out of the Spring Lake Division and formed his Mashed O Ranch. By 1909, the Capitol Syndicate had redeemed its British investors and fulfilled its contract with the State of Texas. In 1912, the last XIT Ranch cattle were sold off. In 1915, the Farwell Estate formed Capitol Reservation Lands to market the remaining holdings. It took a half-century, but by 1963, the last acre of the great ranch was off the books.

GREAT-GREAT-GREAT-GRANDSON

Drew Knowles grew up in Cincinnati and attended boarding school in Connecticut. Hunting and fishing trips in the Rocky Mountains sharpened his love of the West. He majored in philosophy at the University of Colorado Boulder and earned an Executive MBA, too. Although his grandmother kindled his interest in his ranching heritage, it was his wife, Abby, who pointed him toward land management, animal husbandry, and big country. Her major at CU? Environmental studies. “I’m often asked why I chose to go from environmental studies to culinary school,” Abby tells me. “To me, they fit together perfectly — managing the land properly with the use of cattle and other animals while producing the healthiest, most sustainable food. You get the healthiest foods through the best land management practices.” Her heart set on sustainability and celebrating local foods, she enrolled at Le Cordon Bleu in Portland, Oregon. Abby was able to work closely with chefs who shared her interest in local producers, local foodstuffs, and local consumers. After she graduated, she worked in fine dining restaurants and as a private chef. Drew and Abby married in 2009 and settled in Cincinnati. They moved back to Boulder when Drew began his MBA. “I was focused on other things, but Abby saw a certain kind of cattle ranch as a platform for her culinary vision. She kept after me,” he says. The couple scouted several Colorado ranches, but nothing panned out. In 2020, they found the North Star Ranch, an equestrian property in the Cucharas River Valley beneath the Spanish Peaks in South Central Colorado near La Veta. The core property serves as their Quarter Horse headquarters. It’s also home for them and their daughters Dyer and Emeret (who is named after John V. Farwell’s second wife). Their 300-head Angus herd grazes on a combination of deeded and leased pasture. [caption id="attachment_57490" align="alignright" width="300"] CALVING IN COLORADO “I’m definitely looking forward to calving in warmer weather,” says Knowles, shown here with a newborn calf on the Colorado Division of the XIT Ranch in March 2022.[/caption] “This is a start,” Knowles says. “We’ve been fortunate to partner with some good folks who are happy that we come in, graze really fast, and get the cattle out of there.” In 2021, the XIT Ranch earned the Savory Institute’s Ecological Outcome Verified Designation. That recognition opened additional sales channels for their beef. In 2023, XIT will transition to Wagyu bulls to meet the demand for American Wagyu. Last October, Drew loaded up his crew and drove 450 miles to the Return to the Remuda Sale at the Four Sixes Ranch. “We knew we had one chance to make a statement, to let everybody know that we’re serious,” he says. He couldn’t have picked a better time — or place. The Return to the Remuda Sale had it all in 2021, including its biggest crowd ever and its highest gross. At $18,000, the overall average was a 32 percent increase over 2020, which was a banner year in itself. “We left with four horses from King Ranch, one from Beggs Ranch, and three from the Sixes, at various ages, from weanlings to a King Ranch mare out of Kineños Moon in foal to Marsala Red. For us, it’s all about the mares.” [caption id="attachment_57491" align="aligncenter" width="1024"] BURSON RITA BLANCA CREEK RANCH The 11,520-acre Hall and Hall listing ticks all the boxes on Knowles’s checklist.[/caption]

Gone Back to Texas

Three weeks after our first meeting at the NRCHA finals in Fort Worth, I hear fatigue in Knowles’s voice as he takes my phone call. It’s calving season in Colorado. “Long night trying to keep calves alive,” he says. “Five degrees last night. Six inches of snow on the ground now. Three inches coming tomorrow. Seven inches the day after. But it’s all good. This is what I signed up for.” Not surprisingly, he has his sights on warmer pastures. “We love it here. It’s beautiful. It’s a great Quarter Horse headquarters. And it’s home. But we’re quickly outgrowing it,” he says. “We need a big cattle spot. We’re boxed in here in our valley, so we’re trying to put together a deal in Texas. In fact, we need to go ahead and get our brand registered in those counties in the Panhandle where it’s currently available.” Knowles has scouted a variety of ranches over the last year, including the Matador and another ranch just east of the Four Sixes. “They pulled that one,” he says. “Probably the Taylor Sheridan effect. What Taylor has done for the industry is fantastic. I suspect the owners decided they’d just hold onto their place for a while.” As fate would have it, the new owner of the Four Sixes played a leading part in helping Knowles take the XIT to the next level. “We were at the horse sale at the Sixes, and there was this guy right behind me bidding on fillies,” Taylor Sheridan tells me. “I could tell he was interested in specific bloodlines, knew what he was doing, and didn’t intend to get outbid. So he bought this filly, and the announcer said, ‘Sold to the XIT!’ I went over, introduced myself, and asked, ‘XIT as in Panhandle XIT?’ We sat and talked about the history, his ambition to restore that legacy to his family, and his ideas about going directly to consumers with his beef — which is the future of beef, in my opinion.” The two quickly became fast friends. Knowles even went so far as to share his ambition: to bring the XIT back to Texas. Good thing he did. In December 2021, Dusty Burson, manager of the Four Sixes Dixon Creek, sent Sheridan a link to a multigenerational ranch in the Texas Panhandle. The fact that the 11,520-acre Hall and Hall listing was on the Rita Blanca Division of the original XIT Ranch due west of the old headquarters made it a no-brainer. Sheridan didn’t blink. He immediately texted Knowles the link and urged him to take a closer look. “I had my soil and land monitoring guys doing everything they could do remotely, looking at rain and snowfall, seasonal patterns, and temp trends. They gave me a thumbs up from afar,” Knowles says. Several visits followed. As of this writing, the 11,520-acre Burson Rita Blanca Ranch, which includes the fabled ranch’s historic Mare Pasture, is under contract to Knowles. Come closing, the XIT Ranch will return to Texas after a 60-year hiatus. How proud would Danny be? The Rita Blanca will serve as the XIT’s cow-calf division – around 500 head, depending on conditions. “We’ll be able to calve earlier and target higher weaning weights. After Colorado, I’m definitely looking forward to calving in warmer weather,” Knowles says. With the additional acreage, cattle can be worked at scale. This is especially important to the long-term success of a cowhorse program. While performance horses will continue to be a key component of the XIT business plan, the ultimate goal is to produce the very best all-around ranch horses. The XIT will sell a few finished horses every year and backfill with 2-year-olds. The varied terrain at Rita Blanca will make an excellent training ground and crucible. Rita Blanca Creek runs down the middle of the ranch. A 16-acre lake stores additional groundwater. Three springs, artesian wells, and windmills ensure plenty of water during dry spells. One of those windmills — the Garden Mill — watered a vegetable patch on the venerable XIT Ranch. “There’s actually a windmill that was installed by my family and is still operating. The fact that the Rita Blanca was once part of my family’s ranchland is very special to us,” Knowles says. Knowles views the current divisions of the XIT Ranch as a diversified investment portfolio. “We always knew we’d have ranches in different regions and in different watersheds so that if we have a drought in one area, we can ship cows to another location,” he says. Even then, he admits the days of building a successful ranching operation on cattle and big country alone are long gone. “I have a long-term goal of being on the Land Report 100. To accomplish our diversified agricultural goals, we’ll need to be on that list. We’ll need to be spread across geographies to mitigate risk. We’ll need a timber property. Ecological diversity and wildlife management will give us a world-class hunting operation. Minerals, solar, wind, carbon sequestration — modern ranches need all of these to succeed.” Of course, he wants a Montana division. Lastly, I bring up what is without a doubt the most important question. Would John V. Farwell be intrigued by this pitch and pony up some cash on such an investment opportunity? “Today with land, you can start out with a fixed cost of capital financed at historically low interest rates. In an inflationary environment, you’ll have margin expansion as commodity-linked assets like cattle are sold at higher prices. If beef prices go up 25 percent, that’s more margin we get to keep. Fed data from Dallas and Kansas City shows a 7.6 percent annual return for ranchland since 2000. If you look at that in terms of return per unit risk, I’ve got basically the same risk as a bond portfolio but with equity-like returns over the last 20-plus years. And that’s just the land,” he says. There’s one final component that goes hand in hand with land, and Knowles believes this would seal the deal for John V.: Family. “Ultimately, my job is to take care of the land so it can take care of my family and me, to honor the past and all the sacrifice and hard work, and to bring it into the future,” he says. ]]> 57483 0 0 0 The largest ranch in the history of the Lone Star State, Texas’s legendary XIT rides into a new era.

]]> SMART LADIES SPARKLE Matt Koch guides the XIT Ranch mare at the Open Two Rein World Finals in Fort Worth.]]> SMART LADIES SPARKLE Matt Koch guides the XIT Ranch mare at the Open Two Rein World Finals in Fort Worth.]]> Drew Knowles has a lot on his mind. He\u2019s standing off by himself in the upper level of the John Justin Arena, watching the early morning hopefuls at the NRCHA Celebration of Champions in Fort Worth. With his back against a wall, he\u2019s got his hands in his pockets and his eyes on the action. During breaks between entries, he tells me about his goals for his Quarter Horse operation, which is based on his ranch outside La Veta, Colorado.<\/p>

Every few minutes, his eyes wander toward the far end of the arena where the lineup is listed. We start our conversation at Number 19. When Number 26 pops up, Knowles makes his way to the Owner\u2019s Table. But he doesn\u2019t take a seat. His entry, Number 28, is Smart Ladies Sparkle, a 7-year-old mare by the great WR This Cats Smart out of the Shining Spark mare Shiners Diamond Lady. Bred by Wagonhound Land &<\/em> Livestock, she\u2019ll be ridden by Matt Koch. Koch and Ben Baldus are Knowles\u2019s go-to guys. They train all his performance horses. \u201cThey ride with us, not for us,\u201d he says.<\/p>

As Number 27 finishes to whoops and hollers, Knowles places his palms on the back of the chair in front of us.<\/p>

\u201cI guess you\u2019ve done this enough times that you don\u2019t get nervous?\u201d I ask.<\/p>

He smiles and shakes his head. \u201cThe hair on my arms stands up,\u201d he says.<\/p>

Sparkles and Koch ride into the arena and flat out nail it. They end up tying for third in the Open Two Rein World Finals, which helps propel them to win top honors as the 2021 NRCHA National Champions for sustained performance over a show season.<\/p>

At that moment, though, I couldn\u2019t help but focus on the folded paper sign perched on the table before us. The brand it displays would be familiar to anyone even slightly familiar with Texas history. But in the current context, if you\u2019re made a certain way, with certain connections and affections, that brand \u2013 XIT \u2013 might make the hair on your arms stand up.<\/p>[caption id=\"attachment_57486\" align=\"aligncenter\" width=\"1024\"]<\/a> GAME PLAN<\/strong> Ben Baldus (left) and Drew Knowles (right) grab a quick chat at the Celebration of Champions.[\/caption]

THE LEGISLATION<\/h3>

On February 20, 1879, the 16th Texas Legislature passed a law appropriating 3,050,000 acres, the sale of which would fund the construction of a new statehouse. The acreage would be selected through a survey of the five-million-acre Capitol Land Reservation in the northwest corner of the Texas Panhandle, which extended 200 miles south to the storied yellow bluffs that had been known to Comancheros, Ciboleros, and Mexican and Spanish herdsmen as las Casas Amarillas \u2013 the Yellow Houses.<\/p>

Only four years had passed since the great Comanche war chief Quanah Parker and his brave band of Kwahadis rode into Fort Sill and laid down their rifles. With the Red River War now ended, and the Comanche and the Kiowa penned up on reservations in Oklahoma, the commercial hide men descended on the Texas Panhandle like a plague. They had already annihilated the bison herds in Kansas. Over the next three years, they slaughtered the remnants of the great Southern Herd. The Great Plains lobo was all but exterminated. Then came the cattlemen.<\/p>

Samuel Burk Burnett\u2019s 6666-branded cattle were already grazing on the open range along the Little Wichita. Farther north, Dan and Tom Waggoner had stocked thousands of head between the Wichita and the Red Rivers. A great boom followed. Investors from the British Isles scrambled to place funds. Plows followed cows. Towns sprang up on buffalo range. And the Lone Star State required a statehouse worthy of its ambitions and its self-perception.<\/p>

THE XIT RANCH LEGACY<\/h3>

Holidays are a time for sharing memories, both old and new. That was definitely the case on Thanksgiving Day in 1992. Eleven-year-old Drew Knowles was scouring the bookshelves at his grandmother\u2019s home in Cincinnati, looking for something to read. When he saw \u201cXIT\u201d on the spine of an older book, he asked his father what the letters stood for. Harvey C. Knowles III suggested that his son ask \u201cDanny.\u201d In no time, Marcia Tuttle Knowles \u2014 aka \u201cDanny\u201d \u2014 sat her grandson down before a crackling fire and shared the larger-than-life story of his third great-grandfather. John V. Farwell (1825\u20131908) was a Chicago dry goods merchant and a founding partner in the enterprise that built the third (and current) Texas State Capitol. In return for its construction, Farwell, his brother, and their partners received title to the largest cattle ranch in American history. Danny told stories of the cattle, the cowboys, and the outlaws that had been shared with her, including the sale of the very last tract in 1963. In closing, she placed a first edition of J. Evetts Haley\u2019s The XIT Ranch of Texas<\/em> in her grandson\u2019s hands and said, \u201cEverything you need to learn is in this book.\u201d<\/p>

THE SYNDICATE<\/h3>

On November 9, 1881, the Texas State Capitol caught fire and burned to the ground. What had once been a legislative priority \u2014 the building of a new statehouse \u2014 quickly became a mandate. The contract was awarded to one Mathias Schnell of Rock Island, Illinois. Schnell must have been quite the character. Shortly after he landed the construction contract, he transferred a three-quarters interest to a group of Chicago investors known as the Capitol Syndicate. When it was subsequently alleged that Schnell had bribed a Capitol Commissioner and the architect, he transferred his remaining 25 percent interest to the group as well.<\/p>

The Capitol Syndicate\u2019s investors included two pairs: brothers John V. and Charles B. Farwell, and Colonels Abner Taylor and Amos Babcock. Within days of securing the contract, Babcock set out for the wilds of the Panhandle. At Fort Elliott, he procured a four-mule ambulance, an equipment wagon, and a wall tent. Then he went west and north to the boundary of the Capitol Reservation with a surveyor, some cowboys, and a Mexican cook. Over the next 36 days, this crew trekked 950 miles as they established the boundaries of the Capitol Syndicate\u2019s one-of-a-kind asset.<\/p>

HIGHEST AND BEST USE<\/h3>

To the uninitiated, some combination of farming and ranching may have seemed like the best way to monetize the multimillion-acre tract. But those who had traversed the High Plains knew better.<\/p>

In 1820, Major Stephen Long \u2014 he of Longs Peak fame \u2014 led an expedition across the High Plains and dubbed the terrain a \u201cGreat Desert.\u201d In his notes, he described it as \u201calmost wholly unfit for cultivation, and of course uninhabitable by a people depending on agriculture.\u201d<\/p>

Josiah Gregg seconded Long\u2019s assessment. In his classic Commerce of the Prairies<\/em> (1844), he wrote, \u201c[the Plains] seem only fitted for the haunts of the mustang, the buffalo, the antelope, and the migratory lord, the prairie Indian.\u201d Yet he recognized the region\u2019s potential: \u201c\u2026 this unequaled pasturage \u2026 affords the sufficiency to graze cattle for the supply of the United States.\u201d<\/p>

Colonel Babcock concurred with Long and Gregg. At the conclusion of his surveying tour, he recommended stocking, not farming. But there was a catch. The syndicate owned the land, but it had no funds to stock it. Enter John V. Farwell, who promptly formed the Capitol Freehold Land and Investment Company<\/strong><\/a>, put together his own roadshow, and took off for London. Maybe it was the man. Maybe it was the ranch. More than likely, it was both. But when Farwell returned to Chicago, he brought back $5 million, some $2 million more than constructing the capitol required.<\/p>[caption id=\"attachment_57489\" align=\"aligncenter\" width=\"1024\"]<\/a> AMERICA\u2019S BIGGEST OUTFIT<\/strong> At its peak, the XIT Ranch employed 150 cowboys and carried 150,000 head.[\/caption]

\u00a0<\/h3>

THE XIT RANCH<\/h3>

The first 2,500 longhorns arrived at Buffalo Springs on July 1, 1885. Legend has it that Abner Blocker, who drove the cattle from Fort Concho, drew the XIT brand in the dirt with the toe of his boot. As with the origin of many a great brand, speculation abounds. More than likely, Blocker chose one that would be hard for rustlers to modify with an iron.<\/p>

John V. Farwell selected B.H. \u201cBarbecue\u201d Campbell to be the first general manager of the XIT Ranch. The Kansan oversaw the creation of the XIT Ranch\u2019s eight divisions, which ran from the southern fenceline in Hockley County clear to the Oklahoma Territory: Yellow House, Spring Lake, Escarbada, Alamasitas, Ojo Bravo, Rita Blanca, Middle Water, and Buffalo Springs. The plan was to breed calves in the warmer climate and finish them farther north. By the time they were ready to be driven to Montana, the 2-year-olds would be grazing at Buffalo Springs and ready to be trailed.<\/p>

After the Fort Worth and Denver City Railway arrived in 1887, Channing replaced Buffalo Springs as XIT Ranch headquarters and became another key shipping point. By then, herd size had stabilized at 150,000 head. Within a few years, the XIT Ranch employed 150 cowboys, worked 1,000 horses, and branded 35,000 calves per year. By the turn of the century, 325 windmills pumped groundwater.<\/p>

And that was just in Texas. From its Panhandle range, XIT Ranch drovers trailed 12,500 cattle each year to 2 million acres of leased grounds between the Yellowstone and Missouri Rivers.<\/p>

Per its business plan, the Syndicate began selling off big chunks of land to pay off investors. In 1901, George Littlefield paid $2 an acre to purchase 235,858 acres out of the Yellow House Division. William Halsell paid the same rate for 184,155 acres out of the Spring Lake Division and formed his Mashed O Ranch. By 1909, the Capitol Syndicate had redeemed its British investors and fulfilled its contract with the State of Texas. In 1912, the last XIT Ranch cattle were sold off. In 1915, the Farwell Estate formed Capitol Reservation Lands to market the remaining holdings. It took a half-century, but by 1963, the last acre of the great ranch was off the books.<\/p>

GREAT-GREAT-GREAT-GRANDSON<\/h3>

Drew Knowles grew up in Cincinnati and attended boarding school in Connecticut. Hunting and fishing trips in the Rocky Mountains sharpened his love of the West. He majored in philosophy at the University of Colorado Boulder and earned an Executive MBA, too. Although his grandmother kindled his interest in his ranching heritage, it was his wife, Abby, who pointed him toward land management, animal husbandry, and big country. Her major at CU? Environmental studies.<\/p>

\u201cI\u2019m often asked why I chose to go from environmental studies to culinary school,\u201d Abby tells me. \u201cTo me, they fit together perfectly \u2014 managing the land properly with the use of cattle and other animals while producing the healthiest, most sustainable food. You get the healthiest foods through the best land management practices.\u201d<\/p>

Her heart set on sustainability and celebrating local foods, she enrolled at Le Cordon Bleu in Portland, Oregon. Abby was able to work closely with chefs who shared her interest in local producers, local foodstuffs, and local consumers. After she graduated, she worked in fine dining restaurants and as a private chef.<\/p>

Drew and Abby married in 2009 and settled in Cincinnati. They moved back to Boulder when Drew began his MBA. \u201cI was focused on other things, but Abby saw a certain kind of cattle ranch as a platform for her culinary vision. She kept after me,\u201d he says. The couple scouted several Colorado ranches, but nothing panned out. In 2020, they found the North Star Ranch, an equestrian property in the Cucharas River Valley beneath the Spanish Peaks in South Central Colorado near La Veta. The core property serves as their Quarter Horse headquarters. It\u2019s also home for them and their daughters Dyer and Emeret (who is named after John V. Farwell\u2019s second wife). Their 300-head Angus herd grazes on a combination of deeded and leased pasture.<\/p>[caption id=\"attachment_57490\" align=\"alignright\" width=\"300\"]<\/a> CALVING IN COLORADO<\/strong> \u201cI\u2019m definitely looking forward to calving in warmer weather,\u201d says Knowles, shown here with a newborn calf on the Colorado Division of the XIT Ranch in March 2022.[\/caption]

\u201cThis is a start,\u201d Knowles says. \u201cWe\u2019ve been fortunate to partner with some good folks who are happy that we come in, graze really fast, and get the cattle out of there.\u201d In 2021, the XIT Ranch earned the Savory Institute\u2019s Ecological Outcome Verified Designation. That recognition opened additional sales channels for their beef. In 2023, XIT will transition to Wagyu bulls to meet the demand for American Wagyu.<\/p>

Last October, Drew loaded up his crew and drove 450 miles to the Return to the Remuda Sale at the Four Sixes Ranch. \u201cWe knew we had one chance to make a statement, to let everybody know that we\u2019re serious,\u201d he says.<\/p>

He couldn\u2019t have picked a better time \u2014 or place. The Return to the Remuda Sale<\/a><\/strong> had it all in 2021, including its biggest crowd ever and its highest gross. At $18,000, the overall average was a 32 percent increase over 2020, which was a banner year in itself.\u00a0<\/p>

\u201cWe left with four horses from King Ranch, one from Beggs Ranch, and three from the Sixes, at various ages, from weanlings to a King Ranch mare out of Kine\u00f1os Moon in foal to Marsala Red. For us, it\u2019s all about the mares.\u201d<\/p>[caption id=\"attachment_57491\" align=\"aligncenter\" width=\"1024\"]<\/a> BURSON RITA BLANCA CREEK RANCH<\/strong> The 11,520-acre Hall and Hall listing ticks all the boxes on Knowles\u2019s checklist.[\/caption]

Gone Back to Texas<\/h3>

Three weeks after our first meeting at the NRCHA finals in Fort Worth, I hear fatigue in Knowles\u2019s voice as he takes my phone call. It\u2019s calving season in Colorado.<\/p>

\u201cLong night trying to keep calves alive,\u201d he says. \u201cFive degrees last night. Six inches of snow on the ground now. Three inches coming tomorrow. Seven inches the day after. But it\u2019s all good. This is what I signed up for.\u201d<\/p>

Not surprisingly, he has his sights on warmer pastures. \u201cWe love it here. It\u2019s beautiful. It\u2019s a great Quarter Horse headquarters. And it\u2019s home. But we\u2019re quickly outgrowing it,\u201d he says. \u201cWe need a big cattle spot. We\u2019re boxed in here in our valley, so we\u2019re trying to put together a deal in Texas. In fact, we need to go ahead and get our brand registered in those counties in the Panhandle where it\u2019s currently available.\u201d<\/p>

Knowles has scouted a variety of ranches over the last year, including the Matador and another ranch just east of the Four Sixes. \u201cThey pulled that one,\u201d he says. \u201cProbably the Taylor Sheridan effect. What Taylor has done for the industry is fantastic. I suspect the owners decided they\u2019d just hold onto their place for a while.\u201d<\/p>

As fate would have it, the new owner of the Four Sixes played a leading part in helping Knowles take the XIT to the next level.<\/p>

\u201cWe were at the horse sale at the Sixes, and there was this guy right behind me bidding on fillies,\u201d Taylor Sheridan<\/strong><\/a> tells me. \u201cI could tell he was interested in specific bloodlines, knew what he was doing, and didn\u2019t intend to get outbid. So he bought this filly, and the announcer said, \u2018Sold to the XIT!\u2019 I went over, introduced myself, and asked, \u2018XIT as in Panhandle XIT?\u2019 We sat and talked about the history, his ambition to restore that legacy to his family, and his ideas about going directly to consumers with his beef \u2014 which is the future of beef, in my opinion.\u201d<\/p>

The two quickly became fast friends. Knowles even went so far as to share his ambition: to bring the XIT back to Texas. Good thing he did. In December 2021, Dusty Burson, manager of the Four Sixes Dixon Creek, sent Sheridan a link to a multigenerational ranch in the Texas Panhandle. The fact that the 11,520-acre Hall and Hall listing was on the Rita Blanca Division of the original XIT Ranch due west of the old headquarters made it a no-brainer. Sheridan didn\u2019t blink. He immediately texted Knowles the link and urged him to take a closer look.<\/p>

\u201cI had my soil and land monitoring guys doing everything they could do remotely, looking at rain and snowfall, seasonal patterns, and temp trends. They gave me a thumbs up from afar,\u201d Knowles says. Several visits followed.<\/p>

As of this writing, the 11,520-acre Burson Rita Blanca Ranch<\/a><\/strong>, which includes the fabled ranch\u2019s historic Mare Pasture, is under contract to Knowles. Come closing, the XIT Ranch will return to Texas after a 60-year hiatus. How proud would Danny be?<\/p>

The Rita Blanca will serve as the XIT\u2019s cow-calf division \u2013 around 500 head, depending on conditions. \u201cWe\u2019ll be able to calve earlier and target higher weaning weights. After Colorado, I\u2019m definitely looking forward to calving in warmer weather,\u201d Knowles says.<\/p>

With the additional acreage, cattle can be worked at scale. This is especially important to the long-term success of a cowhorse program. While performance horses will continue to be a key component of the XIT business plan, the ultimate goal is to produce the very best all-around ranch horses. The XIT will sell a few finished horses every year and backfill with 2-year-olds. The varied terrain at Rita Blanca will make an excellent training ground and crucible.<\/p>

Rita Blanca Creek runs down the middle of the ranch. A 16-acre lake stores additional groundwater. Three springs, artesian wells, and windmills ensure plenty of water during dry spells. One of those windmills \u2014 the Garden Mill \u2014 watered a vegetable patch on the venerable XIT Ranch.<\/p>

\u201cThere\u2019s actually a windmill that was installed by my family and is still operating. The fact that the Rita Blanca was once part of my family\u2019s ranchland is very special to us,\u201d Knowles says.<\/p>

Knowles views the current divisions of the XIT Ranch as a diversified investment portfolio. \u201cWe always knew we\u2019d have ranches in different regions and in different watersheds so that if we have a drought in one area, we can ship cows to another location,\u201d he says.<\/p>

Even then, he admits the days of building a successful ranching operation on cattle and big country alone are long gone. \u201cI have a long-term goal of being on the Land Report 100. To accomplish our diversified agricultural goals, we\u2019ll need to be on that list.<\/u> We\u2019ll need to be spread across geographies to mitigate risk. We\u2019ll need a timber property. Ecological diversity and wildlife management will give us a world-class hunting operation. Minerals, solar, wind, carbon sequestration \u2014 modern ranches need all of these to succeed.\u201d Of\u00a0course, he wants a Montana division.<\/p>

Lastly, I bring up what is without a doubt the most important question. Would John V. Farwell be intrigued by this pitch and pony up some cash on such an investment opportunity?<\/p>

\u201cToday with land, you can start out with a fixed cost of capital financed at historically low interest rates. In an inflationary environment, you\u2019ll have margin expansion as commodity-linked assets like cattle are sold at higher prices. If beef prices go up 25 percent, that\u2019s more margin we get to keep. Fed data from Dallas and Kansas City shows a 7.6 percent annual return for ranchland since 2000. If you look at that in terms of return per unit risk, I\u2019ve got basically the same risk as a bond portfolio but with equity-like returns over the last 20-plus years. And that\u2019s just the land,\u201d he says.<\/p>

There\u2019s one final component that goes hand in hand with land, and Knowles believes this would seal the deal for John V.: Family.<\/p>

\u201cUltimately, my job is to take care of the land so it can take care of my family and me, to honor the past and all the sacrifice and hard work, and to bring it into the future,\u201d he says. <\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"de4a6ee","display_condition_date":"21-09-2022","display_condition_date_range":"21-09-2022 to 23-09-2022","display_condition_advanced_date":"21-09-2022"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2022/09/carbon-capture-company-clashes-with-landowners/ Fri, 02 Sep 2022 15:30:04 +0000 https://landreport.com/?p=57506 2 produced by ethanol plants and other industrial users and transport it to underground storage sites in North Dakota. While Summit has reached voluntary agreements with 750 landowners on roughly 1,200 of the 2,900 necessary parcels, dozens of Iowans have filed objections with the utilities board. Irate landowners cite safety concerns and damage to underground drainage networks and report repeated harassment by Summit land agents. The landowners’ legal counsel, Brian Jorde, calls eminent domain “a gun held to landowners’ heads.” He adds that it negates their negotiating power and makes voluntary easements nonexistent. Read more HERE.]]> 57506 0 0 0 18484 https://www.gate.io/tr/signup/XlQVXVo 0 0 https://landreport.com/2022/09/giant-restored/ Fri, 02 Sep 2022 06:00:42 +0000 https://landreport.com/?p=57508 Giant was a box office blockbuster and proved itself to be one of the top-grossing films of 1956. The multigenerational Texas family saga, based on the novel by Edna Ferber, starred Rock Hudson, Elizabeth Taylor, and James Dean in his final big-screen performance. Giant centers on the 595,000-acre Reata Ranch, an empire unto itself. Tensions grow as a lowly ranch hand (played by Dean) stumbles upon a parcel of oil-rich land and thumbs his nose at the ranching elite. Director George Stevens captured the enormity, splendor, and starkness of rugged ranch country. William Mellor’s lush cinematography also won critical acclaim as it heightened the societal and cultural disparities in the script. Read more HERE. ]]> 57508 0 0 0 https://landreport.com/2022/09/big-name-investors-drive-sun-belt-land-rush/ Fri, 02 Sep 2022 15:35:26 +0000 https://landreport.com/?p=57510 Read more HERE. ]]> 57510 0 0 0 https://landreport.com/2022/09/predatory-land-purchase-companies-shut-down-in-iowa/ Fri, 02 Sep 2022 15:55:54 +0000 https://landreport.com/?p=57512 Read more HERE.]]> 57512 0 0 0 https://landreport.com/2022/09/usda-invests-5-million-in-wetland-restoration/ Fri, 02 Sep 2022 06:00:55 +0000 https://landreport.com/?p=57514 Wetland Mitigation Banking Program. This will allow landowners to purchase credits from mitigation banks in exchange for the restoration, creation, and enhancement of wetlands. Landowners retain ownership of the conserved land, but the easement prevents harmful development. The credits compensate for wetlands lost to land and agricultural development, and pending the details of the future easement, producers gain access to larger credit quantities. Tribes, NGOs, and state and local governments can secure these USDA funds, and program participation keeps them qualified for other USDA programs that normally require wetland conservation provision compliance. Because wetlands conserved through the program are located away from a landowner's property, the program accounts for circumstances where farmers might have a difficult time with traditional USDA compliance. NRCS funding will focus primarily on states with high concentrations of wetlands, such as the Midwest. Read more HERE.]]> 57514 0 0 0 https://landreport.com/2022/09/acretrader-expands-into-timberland/ Thu, 01 Sep 2022 09:25:17 +0000 https://landreport.com/?p=57521 Read more HERE.]]> 57521 0 0 0 https://landreport.com/2022/09/turkey-track-ranch-official-launch/ Fri, 02 Sep 2022 06:00:34 +0000 https://landreport.com/?p=57526 Turkey Track Ranch was pioneered in the era of legendary WT Waggoner, 6666 and Goodnight Ranches. Boasting almost 80,000 acres under one fence and some 26 miles of Canadian River frontage, the ranch is a rare confluence of natural resources; containing an abundance of water, productive fertile grasslands, and diverse wildlife -set within rolling and rugged topography of mesas, draws, valleys and vistas interposed with open rangeland -epitomizing the western ranch lifestyle and famed fertile buffalo plains of yesteryear. https://vimeo.com/manage/videos/738397956 Learn More ]]> 57526 0 0 0 The Turkey Track Ranch<\/a> was pioneered in the era of legendary WT Waggoner, 6666 and Goodnight Ranches. Boasting almost 80,000 acres under one fence and some 26 miles of Canadian River frontage, the ranch is a rare confluence of natural resources; containing an abundance of water, productive fertile grasslands, and diverse wildlife -set within rolling and rugged topography of mesas, draws, valleys and vistas interposed with open rangeland -epitomizing the western ranch lifestyle and famed fertile buffalo plains of yesteryear.<\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"a117970"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false},{"id":"5ca33a7","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"241ee58"}]},"elements":[{"id":"573ae45","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"cebe69f"}]},"elements":[{"id":"eb7ef08","elType":"widget","settings":{"video_type":"vimeo","youtube_url":"https:\/\/www.youtube.com\/watch?v=XHOmBV4js_E","vimeo_url":"https:\/\/vimeo.com\/manage\/videos\/738397956","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"a462650"}]},"elements":[],"widgetType":"video"}],"isInner":false}],"isInner":false},{"id":"4ddf474","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"9947f53"}]},"elements":[{"id":"f2abf44","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"5a50392"}]},"elements":[{"id":"9fa5372","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/www.icon.global\/turkey-track-ranch","is_external":"","nofollow":"","custom_attributes":""},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"a948c8c"}]},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2022/09/passage-island-alaska/ Sun, 04 Sep 2022 20:46:29 +0000 https://landreport.com/?p=57648 Learn More ]]> 57648 0 0 0 Passage Island was named in 1786 by Captain Portlock. The island was at the entrance of what was mistakenly thought to be a strait leading out to sea.<\/p>

In the early 1900s, John Herbert established a fox farm on Passage Island for the fur trade. The foxes were fed local fish and marine mammals and ran loose around the island until they were ready to give birth. About a decade later, John retired, and the island became a mink ranch. An average pelt sold for eight dollars; when it closed, the owner sold off practically everything. Since then, the island has been virtually untouched.<\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"a117970"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false},{"id":"5ca33a7","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"241ee58"}]},"elements":[{"id":"573ae45","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"cebe69f"}]},"elements":[{"id":"eb7ef08","elType":"widget","settings":{"video_type":"vimeo","youtube_url":"https:\/\/www.youtube.com\/watch?v=XHOmBV4js_E","vimeo_url":"https:\/\/vimeo.com\/738352609","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"a462650"}]},"elements":[],"widgetType":"video"}],"isInner":false}],"isInner":false},{"id":"4ddf474","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"9947f53"}]},"elements":[{"id":"f2abf44","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"5a50392"}]},"elements":[{"id":"9fa5372","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/fayranches.com\/property\/passage-island-alaska\/","is_external":"","nofollow":"","custom_attributes":""},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"a948c8c"}]},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false}]]]> ]]> ]]> https://landreport.com/2022/09/cancha-de-estrellas/ Wed, 07 Sep 2022 06:00:07 +0000 https://landreport.com/?p=57695 Cancha De Estrellas, the field of the stars. This luxury polo property is a rare opportunity for the most discerning equestrian lover. Situated within minutes of Santa Barbara & Montecito, with 360-degree views of the mountains and the ocean. The unparalleled privacy of this gated 61-acre property offers two polo fields, immaculate modern landscaping, and all of the supporting equestrian areas. The beauty and comfort of this world-class estate attracts the elite of the polo community, both players and enthusiasts. The beautiful Santa Barbara weather allows for year-round play even after the local polo club has closed.

The unique ability of year-round play is already enhancing the opportunities to play and compete at an international level while advancing the sport of polo. Over 100 covered horse stalls with options for 30 more offer the protection for peak performance of these elite horses. The scoreboard lounge is a modern custom-built structure outfitted with chic art, furnishings, and entertainment, where visitors can grab a cocktail, watch the match, relax, and mingle.

Cancha De Estrellas combines the decadence of Rodeo drive with the surrounding natural beauty. Every part of the property design considers function, as well as beauty with local flora and fauna. The property includes idyllic walking and riding trails with the ability to ride to the beach, to lunch in town, or to the neighboring polo field. Each of the two included parcels can build a permanent home and appurtenance structures from tennis courts and swimming pools to a guest house.

The luxury of this property is enhanced by the green design in which the existing structures are outfitted with solar power. This property's meticulous attention to detail has created an environment that provides luxurious comfort for polo players, spectators, and thoroughbreds. The extensive opportunities this world-class property offers are unparalleled in Santa Barbra county and the polo community.

https://vimeo.com/747101305 View Full Listing

The Agency

Christian Name

(310) 993-5594

Fred Dapp

(310) 728-0533

Learn More ]]> 57695 0 0 0 Cancha De Estrellas, the field of the stars. This luxury polo property is a rare opportunity for the most discerning equestrian lover. Situated within minutes of Santa Barbara & Montecito, with 360-degree views of the mountains and the ocean. The unparalleled privacy of this gated 61-acre property offers two polo fields, immaculate modern landscaping, and all of the supporting equestrian areas. The beauty and comfort of this world-class estate attracts the elite of the polo community, both players and enthusiasts. The beautiful Santa Barbara weather allows for year-round play even after the local polo club has closed.<\/p>

The unique ability of year-round play is already enhancing the opportunities to play and compete at an international level while advancing the sport of polo. Over 100 covered horse stalls with options for 30 more offer the protection for peak performance of these elite horses. The scoreboard lounge is a modern custom-built structure outfitted with chic art, furnishings, and entertainment, where visitors can grab a cocktail, watch the match, relax, and mingle.<\/p>

Cancha De Estrellas combines the decadence of Rodeo drive with the surrounding natural beauty. Every part of the property design considers function, as well as beauty with local flora and fauna. The property includes idyllic walking and riding trails with the ability to ride to the beach, to lunch in town, or to the neighboring polo field. Each of the two included parcels can build a permanent home and appurtenance structures from tennis courts and swimming pools to a guest house.<\/p>

The luxury of this property is enhanced by the green design in which the existing structures are outfitted with solar power. This property's meticulous attention to detail has created an environment that provides luxurious comfort for polo players, spectators, and thoroughbreds. The extensive opportunities this world-class property offers are unparalleled in Santa Barbra county and the polo community. <\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"98c3b20"}],"drop_cap":"yes"},"elements":[],"widgetType":"text-editor"},{"id":"c717d1d","elType":"widget","settings":{"youtube_url":"https:\/\/vimeo.com\/738397956","vimeo_url":"https:\/\/vimeo.com\/747101305","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0265898"}],"video_type":"vimeo"},"elements":[],"widgetType":"video"}],"isInner":false}],"isInner":false},{"id":"837cbe6","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"5043215"}],"margin":{"unit":"px","top":"20","right":0,"bottom":"20","left":0,"isLinked":false}},"elements":[{"id":"40abb32","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d52acd8"}]},"elements":[{"id":"65ba75f","elType":"widget","settings":{"text":"View Full Listing","link":{"url":"https:\/\/www.theagencyre.com\/listing\/2384705-lambert-rd-Toro-Canyon-Santa-Barbara-CA-93013","is_external":"on","nofollow":"","custom_attributes":""},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6aee588"}]},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false},{"id":"7f3fb574","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"5ce7abf0","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}]},"elements":[{"id":"fa86cb3","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/09\/TheAgencyLogo_150x150.png","id":57698,"alt":"","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}],"image_size":"thumbnail"},"elements":[],"widgetType":"image"},{"id":"47021d9","elType":"widget","settings":{"title":"The Agency","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60"}]},"elements":[],"widgetType":"heading"},{"id":"55036a7b","elType":"widget","settings":{"editor":"

Christian Name<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"700166e","elType":"widget","settings":{"editor":"

(310) 993-5594<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"ad4765d","elType":"widget","settings":{"editor":"

Fred Dapp<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"0f2f613","elType":"widget","settings":{"editor":"

(310) 728-0533<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"b94eadd","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/www.theagencyre.com\/","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true},{"id":"526efe7","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"25212c2"}]},"elements":[{"id":"226dcaa","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"f95387f"}]},"elements":[{"id":"4a8b569","elType":"widget","settings":{"text":"Divider","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6301ee4","display_condition_date":"21-08-2022","display_condition_date_range":"21-08-2022 to 23-08-2022","display_condition_advanced_date":"21-08-2022"}]},"elements":[],"widgetType":"divider"}],"isInner":false}],"isInner":false}]]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> https://landreport.com/2022/09/lakefront-lots-gross-24-6-million/ Thu, 08 Sep 2022 15:07:20 +0000 https://landreport.com/?p=57738 Read more HERE.]]> 57738 0 0 0 18482 https://accounts.binance.com/sv/register?ref=UM6SMJM3 0 0 18486 https://www.binance.com/ru-UA/register?ref=GJY4VW8W 0 0 https://landreport.com/2022/09/florida-approves-56-million-for-conservation/ Thu, 08 Sep 2022 15:10:08 +0000 https://landreport.com/?p=57740 bipartisan legislation passed last year. The acquisitions include 4,200 acres of conservation easements in a key region of the Northern Everglades Headwaters Wildlife Refuge and Conservation Area and nearly 12,000 acres within Horse Creek Ranch. The acreage ensures continued protection of the area’s drinking water. “These projects will provide protection to imperiled species and connectivity for recreational and wildlife corridors and will support the preservation of Florida’s natural landscapes for future generations,” said Department of Environmental Protection Secretary Shawn Hamilton. Read more HERE.]]> 57740 0 0 0 18474 https://accounts.binance.com/lv/register-person?ref=B4EPR6J0 0 0 18479 https://www.gate.io/tr/signup/XlQVXVo 0 0 https://landreport.com/2022/09/29-million-colorado-sporting-mecca/ Fri, 09 Sep 2022 09:42:38 +0000 https://landreport.com/?p=57744 57744 0 0 0 https://landreport.com/2022/09/larry-ellison-lists-florida-estate-for-145-million/ Mon, 12 Sep 2022 15:15:48 +0000 https://landreport.com/?p=57746 Read more HERE. ]]> 57746 0 0 0 https://landreport.com/2022/09/could-hemp-be-the-next-big-texas-export/ Tue, 13 Sep 2022 09:18:04 +0000 https://landreport.com/?p=57749 Read more HERE.]]> 57749 0 0 0 https://landreport.com/2022/09/spike-in-iowa-farmland-values/ Wed, 14 Sep 2022 15:20:39 +0000 https://landreport.com/?p=57752 Read more HERE.]]> 57752 0 0 0 18489 https://accounts.binance.com/en-AU/register?ref=10126709 0 0 https://landreport.com/2022/09/bronson-cattle-and-timber-sells-for-almost-36-million/ Wed, 07 Sep 2022 12:25:39 +0000 https://landreport.com/?p=57754 57754 0 0 0 https://landreport.com/2022/09/miley-cyrus-sells-tennessee-estate-for-14-5-million/ Fri, 16 Sep 2022 13:53:48 +0000 https://landreport.com/?p=57794 Read more HERE.]]> 57794 0 0 0 https://landreport.com/2022/09/peoples-company-adds-energy-management-to-suite-of-services/ Tue, 06 Sep 2022 09:00:49 +0000 https://landreport.com/?p=57798 Read more HERE.]]> 57798 0 0 0 https://landreport.com/2022/09/historic-clifton-farms-sells-at-auction-for-7-5-million/ Thu, 15 Sep 2022 08:30:12 +0000 https://landreport.com/?p=58303 On Sept. 14, the 411-acre Virginia Clifton Farm was sold at auction for $7.48 million to an undisclosed buyer. Listing broker Hall and Hall oversaw the auction. Seller Brent Mercke purchased the property in 2014 for $4.3 million. Located 60 miles from Washington, D.C., Clifton Farm has a rich historical tradition, including close ties to the family of George Washington and serving as a strategic location during the Civil War. The Manor House, built in 1833 in a classical revival architecture style with 12-foot ceilings, has been updated with modern conveniences. Highlights include a renovated kitchen, curved pool and in-pool hot tub, and a tennis court. Operation facilities include four barns, three silos, and a 15-bay machine shed. Included in the sale was the transfer of 100 percent of the seller’s owned mineral rights. Read more HERE.]]> 58303 0 0 0 18483 https://accounts.binance.com/lv/register?ref=GJY4VW8W 0 0 https://landreport.com/2022/09/land-report-september-2022-newsletter/ Thu, 15 Sep 2022 06:00:35 +0000 https://landreport.com/?p=58598 Our September Newsletter features:

• Industry Giant Ste. Michelle Acquires Top Oregon Winery
• Kansas Ranch Sells for $6.4 Million
• AcreTrader Expands into Timberland
• Lakefront Lots Gross $24.6 Million
• Historic Clifton Farm Sells at Auction for $7.5 Million
• Peoples Company Adds Energy Management Division

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 58598 0 0 0 https://landreport.com/2022/09/california-cattle-ranch-protected-in-perpetuity/ Mon, 19 Sep 2022 14:03:12 +0000 https://landreport.com/?p=57800 Read more HERE.]]> 57800 0 0 0 https://landreport.com/2022/09/seth-patterson/ Mon, 26 Sep 2022 02:05:24 +0000 https://landreport.com/?p=57998 SethPatterson.com, where he sells most of his skulls to homeowners and to interior designers around the country; and 84East.com, which sells state-themed wool blankets designed by Patterson and Tom Baker and produced by Pendleton. The 84 East collection was inspired by the success of Pendleton’s collection of national park blankets.

"Personally, I love bringing the outdoors in. The natural look of Seth’s products brings more texture to a space." — Mandy Black

“As a designer, you are always looking for -custom and really unique items to put in homes and that’s what drew us to Seth’s skulls originally,” says Mandy Black, an associate designer with Collective Design Group in Frisco, Colorado. “Personally, I love bringing the outdoors in. The natural look of Seth’s products brings more texture to a space,” Black says. Prices start at $900 for deer skulls, $1,200 for cow skulls, $1,500 for bison and elk skulls, and $2,000 for longhorns, which can weigh as much as 15 pounds and stretch six feet in length. With fish, he charges $50 an inch. The skulls are either natural or resin, a recent addition. Some customers occasionally ship him a skull to upholster. Patterson, who maintains close ties to his former employer, has access to dozens of Pendleton fabrics. He can get almost anything per a customer’s request but prefers to work with the jacquard patterns because of their tighter repeat. He does all the work himself at his home. “The challenge is to get the patterns to flow with the form. What people don’t realize is that I can get 90 percent done and have to rip off the fabric and start over. Every single time I work on a piece, I end up hitting dead ends,” Patterson says. His direct-to-consumer sales show no signs of hitting any obstacles. A Kickstarter campaign for 84 East featuring his Oregon Blanket set a $20,000 target. It subsequently grossed more than $83,000 from 266 backers. According to Patterson, his customers are often “land people” like him — hunters and anglers. He also sells to real estate brokers, architects, moms, and more. “Pendleton doesn’t understand how cool they are,” he says. “When Pendleton gets put on the right thing in the right room, people lose their minds.” ]]> 57998 0 0 0 $83,092

How much Patterson raised after setting a $20,000 goal on Kickstarter.

]]> DREAM WEAVER Seth Patterson pivoted from social media guru to design guy. The results speak for themselves.]]> https://landreport.com/2022/09/us-investment-firm-launches-farmland-ipo-on-london-stock-exchange/ Tue, 27 Sep 2022 10:58:38 +0000 https://landreport.com/?p=58290 The Sustainable Farmland Trust is launching a public offering on the London Stock Exchange. Managed by the US-based investment firm International Farming, the Sustainable Farmland Trust seeks to raise £200 million. The company hopes to appeal to investors seeking a low-volatility asset to offset fears of inflation, war in the Ukraine, and more. This offering is considered the first farmland trust to list on the London market. The trust will invest 60 percent of the funds raised in an existing open-ended fund to seed a portfolio of assets. The remainder will be used to purchase individual assets. International Farming CIO Charlie McNairy said of the offering, “We believe that the long-term secular trends, rapidly changing farmer demographics, and inflationary economic environment make this a particularly attractive asset class for investors seeking inflation protection and portfolio diversification.” Read more HERE.]]> 58290 0 0 0 https://landreport.com/2022/09/alabama-landowner-battles-fws/ Tue, 20 Sep 2022 12:44:11 +0000 https://landreport.com/?p=58293 In February 2020, US Fish & Wildlife Service (FWS) classified 324,679 acres in Alabama and Mississippi as critical habitat for the endangered black pine snake. The designation makes the land restricted to development and subject to rigorous regulation. More than 93,000 acres were private land. In public meetings, FWS told impacted landowners that restrictions would not be implemented. But Gray Skipper, whose family owns and manages a timber operation on 10,000 of those acres, sued the federal agency, claiming there is little evidence the snake exists on his land. Represented by the Pacific Legal Foundation, the Skippers and other affected landowners have asked the court to set aside the habitat designation. The case has been submitted and awaits a decision. Read more HERE.]]> 58293 0 0 0 https://landreport.com/2022/09/kansas-ranch-sells-for-6-4-million/ Wed, 21 Sep 2022 19:07:31 +0000 https://landreport.com/?p=58295 North Greenwood Ranch has sold for $6,362,695. The 2,892-acre Kansas ranch features three cross-fenced pastures. The previous owner cleared the property of long-abandoned oil field equipment and many of its trees. The open landscape contains excellent water sources, including nine ponds and a reported annual average precipitation of 37 inches. Described by listing broker Hall and Hall as “productive and easy to own,” North Greenwood Ranch operated as a commercial cattle operation for many years. While mineral rights were reserved many years ago, a small interest will transfer to the landowner in a few years. Read more HERE.]]> 58295 0 0 0 https://landreport.com/2022/09/billionaires-pursue-cowboy-dreams/ Thu, 22 Sep 2022 11:09:51 +0000 https://landreport.com/?p=58297 In 2007, the 100 largest private landowners in the country owned a combined 27 million acres of property. Today, that figure is 42.2 million. Like the overall real estate landscape, the luxury ranch market is booming, but with the volume turned all the way up. Near the center is Hall and Hall director Jim Taylor. In 2020, Hall and Hall completed $1 billion in sales. Courted by the country’s reported 735 billionaires (and those who aspire to be), Taylor traffics in big dreams fueled by John Ford Westerns, country music, and the myth of the pioneer.  It helps that large parcels of land help diversify a portfolio when the stock market takes a dip. Wyoming also has no inheritance, gift, personal, or corporate income tax. Taylor estimates that buyers will invest up to 10 percent of their net worth on a ranch. Still, the lure remains romantic. Read more HERE.]]> 58297 0 0 0 https://landreport.com/2022/09/legendary-beaver-creek-golf-resort-sells-for-2-5-million/ Fri, 23 Sep 2022 10:12:15 +0000 https://landreport.com/?p=58299 Sedona Vineyards LLC purchased the Beaver Creek golf resort, located 20 miles south of Sedona in Lake Montezuma, Arizona, for $2.5 million. Once a legendary getaway for the Hollywood elite during the Golden Age, Beaver Creek has been vacant since 2010. Listing agent Richard Chambers of Chambers Realty Group reported the property sold as a single tract and included a former 18-hole golf course, 108 acres of agricultural land with water rights, the original ranch house property, a 1,927-sq ft private residence, a clubhouse, and a three-acre commercially zoned parcel. Sedona Vineyards has not yet unveiled its plans for the property, but manager Douglas Edgelow said there are plans to convert part of the golf course into vineyards, reopen the restaurant, and create a wine tasting room. Read more HERE.]]> 58299 0 0 0 https://landreport.com/2022/09/acadian-bets-big-on-carbon-credits/ Wed, 28 Sep 2022 08:14:00 +0000 https://landreport.com/?p=58301 In 2021, Acadian Timber Corp. executed its first carbon development and marketing agreement to develop voluntary carbon credits. With around 2.4 million acres of land under its management across the Northeastern United States and Eastern Canada, Acadia expects to earn approximately 84 percent of gross revenues from the sale of the carbon credits. “Pricing and the successful marketing credits will ultimately determine the impact to our financial results,” said the company’s president and CEO. The first round of the project has been completed and submitted for third-party verification for auditing and is expected to be registered on the American Carbon Registry in the fourth quarter of 2022. This inaugural execution requires long-term planning and maintenance of the existing sustainable forestry certification. Carbon credit development aligns with Acadian’s commitment to maximize cash flows from timberland assets through sustainable forest management practices. Read more HERE.]]> 58301 0 0 0 https://landreport.com/2022/09/teton-valley-ranch-lists-for-14-5-million/ Thu, 29 Sep 2022 14:23:53 +0000 https://landreport.com/?p=58307 The 880-acre Grover Ranch is on the market for $14.5 million. Located at the base of the Teton Range in Idaho, the property’s many features include four spring-fed ponds, willow-lined creeks, mature strands of aspens, a large open pasture, and a recent wetlands delineation making it an exceptional recreational opportunity for a buyer. Ponds range from 1.5 to 11 acres. Nearly five miles of interior roads were created by the current owner for optimum access. The Teton Aviation Center, a full-service FBO, is right around the corner. Read more HERE.]]> 58307 0 0 0 https://landreport.com/2022/09/industry-giant-ste-michelle-acquires-top-oregon-winery/ Fri, 30 Sep 2022 10:25:50 +0000 https://landreport.com/?p=58309 Ste. Michelle Wine Estates, in its first strategic acquisition under ownership by Sycamore Partners, has bought A to Z Wineworks. The terms of the deal were not disclosed. Founded 20 years ago by Sam Tannahill, Cheryl Francis, and Deb Hatcher, A to Z sells more than 350,000 cases a year. “We could not have found a better partner than Ste. Michelle to carry on the legacy of A to Z,” said Hatcher. “They understand the Pacific Northwest better than anyone, and they know what it takes to promote an entire region on the global stage.” A to Z executive Amy Prosenjak has been tasked to lead the Oregon Brands division at Ste. Michelle. A to Z cofounders hope the acquisition will mark a successful new chapter. Read more HERE.]]> 58309 0 0 0 https://landreport.com/2022/10/plumpjack-acquires-oso-vineyard/ Mon, 10 Oct 2022 06:00:54 +0000 https://landreport.com/?p=58447 PlumpJack has reason to raise a glass. The Napa Valley winery recently announced the acquisition of Oso Vineyard. The seller, the Mondavi Family Estate, purchased the property in 2006. Located in Pope Valley between Sugarloaf and Howell Mountain, the 129-acre property contains three lakes, a rarity in its comparatively dry surroundings. PlumpJack Managing Partner John Conover said the acquisition “further strengthens our long-term strategy of supporting our growth with robust vineyards.” The company’s footprint includes CADE Estate and 13th Vineyard by CADE on Howell Mountain, PlumpJack Estate in Oakville, and Odette Estate in Stag’s Leap District. Named for the Shakespeare character Sir John “PlumpJack” Falstaff, the winery was founded in 1995 by Gavin Newsom and Gordon Getty. Read more HERE.]]> 58447 0 0 0 https://landreport.com/2022/10/lumber-prices-fall-after-record-highs/ Mon, 03 Oct 2022 06:00:40 +0000 https://landreport.com/?p=58450 The price of lumber, which skyrocketed to record highs in March, fell to $429.30 per thousand board feet in September. This pricing rollercoaster is old news; wood prices crashed in the earliest days of the pandemic only to soar a few months later. Inflation and disabled supply chains were significant contributors to the rise in price. Currently, higher interest rates are affecting mortgages and slowing home sales (down 13 percent since April). Additionally, an eased supply chain means that consumers are no longer overbuying for fear of a shortage. Paul Jannke of the Forest Economic Advisors predicts lumber consumption will decline up to 4.5 percent in 2023. Read more HERE.]]> 58450 0 0 0 https://landreport.com/2022/10/iconic-illinois-horse-farm-preserved-as-critical-watershed/ Thu, 06 Oct 2022 06:00:04 +0000 https://landreport.com/?p=58455 Illinois landowner Dick Duchossois worked with Citizens for Conservation (CFC) to protect 246.5 acres of his 515-acre Hill ‘N Dale Horse Farm. Located in Barrington, the parcel includes 4,400 linear feet of the Spring Creek watershed. The acquisition will ensure the property is permanently maintained as an open space, per the Duchossois family wishes, and will provide a critical wildlife corridor. Initial funding for the purchase came from a $4.9 million Illinois Clean Energy Community Foundation grant. A site evaluation has been scheduled to create multiyear ecological management plans for the property. CFC is a Barrington-based organization dedicated to the preservation and restoration of the natural environment across Northeastern Illinois. The acquisition of Hill ‘N Dale brings the total of protected land across Lake, Cook, and McHenry counties to 777 acres. Read more HERE.]]> 58455 0 0 0 https://landreport.com/2022/10/terry-bradshaw-lists-744-acre-oklahoma-ranch-for-22-5-million/ Fri, 07 Oct 2022 06:00:21 +0000 https://landreport.com/?p=58458 NFL Hall of Famer Terry Bradshaw has listed his Quarter Horses Ranch for $22.5 million with Icon Global Group. Located in Southern Oklahoma’s Red River Valley, the working equestrian and cattle ranch is 70 miles from Dallas and 125 miles from Oklahoma City. It also benefits from close proximity to some of the world’s top reining, cutting, roping, and barrel racers. The property’s equestrian facilities — including a 12-stall stallion barn, 50-stall mare barn, and covered arena — have undergone major improvements. The 8,600-square-foot rustic main house has six bedrooms, four fireplaces, a pool, and a spacious outdoor patio with full kitchen. Eight lakes and ponds on the property provide water for hay production. Read more HERE.]]> 58458 0 0 0 https://landreport.com/2022/10/upper-peninsula-timberland-protected/ Tue, 04 Oct 2022 06:00:41 +0000 https://landreport.com/?p=58462 The US Forest Service (USFS) and the Trust for Public Land (TPL) announced that 1,247 acres of timberland along the West Branch of the Ontonagon River — including Victoria Reservoir shoreline and overlooks — have been permanently protected. TPL acquired the acreage from Lyme Timber for its appraised value. The acquisition builds on the TPL’s conservation efforts in the Ottawa National Forest, which have protected 43,000 acres to date. “From recreation opportunities to water pollution prevention to biodiversity promotion, protecting natural areas like this has important environmental and social benefits,” said USFS Supervisor Darla Lenz. The area includes the North Country National Scenic Trail, a popular 4,800-mile hiking trail that passes through eight states. Read more HERE.]]> 58462 0 0 0 https://landreport.com/2022/10/uncle-sam-invests-22-billion-in-climate-smart-farming/ Tue, 11 Oct 2022 06:00:32 +0000 https://landreport.com/?p=58465 President Biden signed an executive order that includes the largest ever federal investment in climate-smart farming practices. The majority of the $22 billion funding will go to existing agricultural conservation programs that encourage regenerative practices where demand has long exceeded available funding. According to the Environmental Protection Agency, the agriculture industry produces around 11 percent of greenhouse gas emissions nationwide. Although climate-smart agriculture is still considered niche, it is gaining momentum with farmers using such practices on about 100 million acres. One of the promising techniques involves capturing carbon dioxide from the atmosphere and storing it as carbon in the soil. However, scientists are still determining how long carbon can be sequestered and how to measure sequestration. Experts caution that to make a significant difference, the programs need to discourage the use of fertilizer — a major source of emissions. Read more HERE.]]> 58465 0 0 0 18499 https://accounts.binance.com/bn/register-person?ref=10126709 0 0 https://landreport.com/2022/10/iowa-farmland-sells-for-record/ Wed, 12 Oct 2022 06:00:44 +0000 https://landreport.com/?p=58522 When John Fiscus’s 55.5-acre Northeast Iowa farm went to auction in October, three bidders quickly drove up the price to $25,000 per acre. The winner paid a record-setting $26,250 an acre for a grand total of $1.458 million. Similar farmland in that market averages $20,000 to $22,500 per acre. As Iowa Appraisal Vice President Jim Rothermich explained, “There’s so many people in strong cash positions, especially up there in Northwest Iowa.” Located about 40 miles northeast of Sioux City, this property is considered “pure farmland.” The sale attracted widespread attention for several other reasons besides price. First, the land is too far away from any township to be considered transitional. It has no reasonable use for either commercial or residential development. Second, it does not contain any additional revenue potential, such as wind turbines or solar panels. Read more HERE.]]> 58522 0 0 0 https://landreport.com/2022/10/working-forest-fund/ Fri, 14 Oct 2022 00:00:20 +0000 https://landreport.com/?p=58524 BEEBE RIVER WATERSHED In 2014, the Working Forest Fund partnered with the Richard King Mellon Foundation to acquire more than 30,000 acres of industrial timberland in Maine, New York, Vermont, and New Hampshire. Photo Credit: Stacy Funderburke[/caption] Buyers of these timber tracts range from for-profit companies such as IKEA to state and federal agencies such as the US Forest Service. Earlier this year, the Bois Forte Band of Chippewa acquired more than 28,000 acres of Minnesota timberland from the Working Forest Fund that had previously been owned by PotlatchDeltic. In addition to keeping the ownership intact, the transaction ranks as the largest land back in American history. (See Land Report Summer 2022.) [caption id="attachment_58578" align="alignright" width="200"] LARGEST LAND BACK Thanks to the Working Forest Fund, the Bois Forte Band of Minnesota acquired 28,089 acres of former tribal land.[/caption] Since its inception in 2009, the Working Forest Fund has deployed almost $1 billion to acquire nearly 890,000 acres of working forests in 17 states, including 127,000 acres in 2021. “The demand for commercial and residential recreational lands is continuing to chip away at these big chunks of industrial timberlands,” says Working Forest Fund Senior Vice President Brian Dangler.“These working forests are susceptible to being fragmented. And when that happens, they’re no longer able to provide the benefits that big, intact forests provide in terms of clean air and water, wildlife habitat, outdoor recreation, and forestry jobs.” The acorn for this idea was planted in the late 1990s when Champion International sold 300,000 acres of its timberlands in New York, Vermont, and New Hampshire to The Conservation Fund. The acreage was never marketed publicly because of the long-term relationship between the two entities. It was clear to the acquisition team at The Conservation Fund that many private forestland owners would not grant a similar first-look opportunity. "Working forests are some of the most important lands we have in this country,” says The Conservation Fund CEO Larry Selzer. “In addition to all the ancillary benefits, they provide good jobs for more than 2 million people; jobs that can’t be exported overseas. And yet we lose nearly 1 million acres of working forests each year. It is the greatest land conservation challenge today. Every year, owners of timberland put these properties on the market, and they’re almost always sold at an auction run by an investment bank. And if you don’t have the capital right away when the auction occurs, then you’re left on the sidelines.” To mitigate this possibility, the Working Forest Fund was created. The goal was to develop a pool of money that could be used to bid on large tracts of industrial timberland as they became available and to keep those lands functioning as intact working forests. It gives The Conservation Fund the “ability to aggregate capital and use the tools of the marketplace in order to step into the breach when these properties are put up for auction,” Selzer says. One of the first deals utilizing the Working Forest Fund involved more than 12,000 acres in Maine around East Grand Lake, prized for its trout and salmon fishing. The Conservation Fund purchased the property from New Hampshire-based Wagner Forest Management in 2011. [caption id="attachment_58585" align="aligncenter" width="1024"] PELICAN RIVER FOREST The Working Forest Fund facilitated the acquisition of 70,000 acres of Wisconsin timberland from The Forestland Group. Photo Credit: Jay Brittain[/caption] “It was a large, complex deal,” Wagner Forest Management President Dan Hudnut says. “But The Conservation Fund had this new vehicle where they could buy and hold the property, then take care of the conservation outcomes during their hold. That was our first exposure working with the Fund. That set the groundwork for doing an even more complex deal with them in 2014. We sold about 32,000 acres across four states. If we’d had to do it by ourselves, it would have been very complex dealing with different state and federal partners. But The Conservation Fund has done enough of these transactions and knew how to keep things moving forward. They have the ground game when things get a little more complicated. It was great having a one-stop shop to work with.” More recently, the Working Forest Fund was utilized in 2021 to purchase Wisconsin’s Pelican River Forest. At the time, the 70,000-acre tract was the largest privately owned, unprotected block of forest in Wisconsin. In addition to acquiring land, The Conservation Fund works to find a new owner once the conservation easement process is finalized, such as the 2021 sale of almost 11,000 acres in Georgia near the Altamaha River Basin to Ingka Group, the parent company of IKEA. A common element to all Working Forest Fund transactions is scale. Nationwide, a substantial number of conservation projects are completed in the 1,000-acre to 10,000-acre range. Selzer says 10,000 acres is a small project for the Working Forest Fund. Bigger is better. The enormity of most working forests is what makes them worthy of the singular focus that the Working Forest Fund provides. Selzer says when deciding whether to utilize the Working Forest Fund, The Conservation Fund also considers potential threats to a property, its conservation value, and the availability of conservation partners. “The first thing we’re looking for are forests that, if we don’t step in, are probably going to be either subdivided or converted out of forestry,” Selzer says. “We also want to see who are the conservation partners we can bring in, particularly from the federal and state public-agency sectors, to help us put into place a permanent conservation easement that the property can only be managed as a working forest.” That unquestionably is the end goal of the Working Forest Fund. Dangler says this is not a program designed simply to set land aside for preservation. Instead, the emphasis should be placed on the “working” part of the program’s name. “It’s about helping the local economy in these rural towns that associate these lands with jobs and outdoor recreation,” Dangler says. “That’s a big part of this equation: the people plus the forest. It’s not just preservation. This isn’t about locking up the land. It’s about keeping the land open for sustainable use. ]]> 58524 0 0 0 Created in 2009, this innovative investment vehicle ensures that industrial timberlands continue to support rural communities, recreational opportunities, climate benefits, and biodiversity.

]]> CHADBOURNE TREE FARM Located in Western Maine, this historic working forest landscape was acquired through the sale of green bonds by the Working Forest Fund.]]> The 500 million acres of working forests in the United States have something in common with Humpty Dumpty. Once they get broken up, they can\u2019t be put back together again. The importance of these lands cannot be emphasized enough. They provide critical supplies of wood for lumber, energy, paper, and packaging. No matter if the trees remain, the forest can never be managed as effectively or monetized to the same degree once ownership is fractionalized.<\/p>

Preventing this parcelization is a top priority of The Conservation Fund, which is why it established the Working Forest Fund more than a decade ago. When working forests come to market, The Conservation Fund acquires them by pairing philanthropic donations with investment capital from the Working Forest Fund. The timber tracts are then managed until a conservation easement can be put in place. Once their future as a working forest is assured, they are then resold. The proceeds from those sales are then reinvested in new acquisitions, and the time-tested process begins again.\u00a0<\/p>[caption id=\"attachment_58573\" align=\"alignleft\" width=\"1024\"] BEEBE RIVER WATERSHED<\/strong> In 2014, the Working Forest Fund partnered with the Richard King Mellon Foundation to acquire more than 30,000 acres of industrial timberland in Maine, New York, Vermont, and New Hampshire. Photo Credit:<\/strong> Stacy Funderburke[\/caption]

Buyers of these timber tracts range from for-profit companies such as IKEA to state and federal agencies such as the US Forest Service. Earlier this year, the Bois Forte Band of Chippewa acquired more than 28,000 acres of Minnesota timberland from the Working Forest Fund that had previously been owned by PotlatchDeltic. In addition to keeping the ownership intact, the transaction ranks as the largest land back in American history. (See Land Report<\/em> Summer 2022.)<\/p>[caption id=\"attachment_58578\" align=\"alignright\" width=\"200\"] LARGEST LAND BACK<\/strong> Thanks to the Working Forest Fund, the Bois Forte Band of Minnesota acquired 28,089 acres of former tribal land.[\/caption]

Since its inception in 2009, the Working Forest Fund has deployed almost $1 billion to acquire nearly 890,000 acres of working forests in 17 states, including 127,000 acres in 2021.<\/p>

\u201cThe demand for commercial and residential recreational lands is continuing to chip away at these big chunks of industrial timberlands,\u201d says Working Forest Fund Senior Vice President Brian Dangler.\u201cThese working forests are susceptible to being fragmented. And when that happens, they\u2019re no longer able to provide the benefits that big, intact forests provide in terms of clean air and water, wildlife habitat, outdoor recreation, and forestry jobs.\u201d<\/p>

The acorn for this idea was planted in the late 1990s when Champion International sold 300,000 acres of its timberlands in New York, Vermont, and New Hampshire to The Conservation Fund. The acreage was never marketed publicly because of the long-term relationship between the two entities. It was clear to the acquisition team at The Conservation Fund that many private forestland owners would not grant a similar first-look opportunity.<\/p>

\"Working forests are some of the most important lands we have in this country,\u201d says The Conservation Fund CEO Larry Selzer. \u201cIn addition to all the ancillary benefits, they provide good jobs for more than 2 million people; jobs that can\u2019t be exported overseas. And yet we lose nearly 1 million acres of working forests each year. It is the greatest land conservation challenge today. Every year, owners of timberland put these properties on the market, and they\u2019re almost always sold at an auction run by an investment bank. And if you don\u2019t have the capital right away when the auction occurs, then you\u2019re left on the sidelines.\u201d<\/p>

To mitigate this possibility, the Working Forest Fund was created. The goal was to develop a pool of money that could be used to bid on large tracts of industrial timberland as they became available and to keep those lands functioning as intact working forests.<\/p>

It gives The Conservation Fund the \u201cability to aggregate capital and use the tools of the marketplace in order to step into the breach when these properties are put up for auction,\u201d Selzer says.<\/p>

One of the first deals utilizing the Working Forest Fund involved more than 12,000 acres in Maine around East Grand Lake, prized for its trout and salmon fishing. The Conservation Fund purchased the property from New Hampshire-based Wagner Forest Management in 2011.<\/p>[caption id=\"attachment_58585\" align=\"aligncenter\" width=\"1024\"]<\/a> PELICAN RIVER FOREST<\/strong> The Working Forest Fund facilitated the acquisition of 70,000 acres of Wisconsin timberland from The Forestland Group. Photo Credit:<\/strong> Jay Brittain[\/caption]

\u201cIt was a large, complex deal,\u201d Wagner Forest Management President Dan Hudnut says. \u201cBut The Conservation Fund had this new vehicle where they could buy and hold the property, then take care of the conservation outcomes during their hold. That was our first exposure working with the Fund. That set the groundwork for doing an even more complex deal with them in 2014. We sold about 32,000 acres across four states. If we\u2019d had to do it by ourselves, it would have been very complex dealing with different state and federal partners. But The Conservation Fund has done enough of these transactions and knew how to keep things moving forward. They have the ground game when things get a little more complicated. It was great having a one-stop shop to work with.\u201d<\/p>

More recently, the Working Forest Fund was utilized in 2021 to purchase Wisconsin\u2019s Pelican River Forest. At the time, the 70,000-acre tract was the largest privately owned, unprotected block of forest in Wisconsin. In addition to acquiring land, The Conservation Fund works to find a new owner once the conservation easement process is finalized, such as the 2021 sale of almost 11,000 acres in Georgia near the Altamaha River Basin to Ingka Group, the parent company of IKEA.<\/p>

A common element to all Working Forest Fund transactions is scale. Nationwide, a substantial number of conservation projects are completed in the 1,000-acre to 10,000-acre range. Selzer says 10,000 acres is a small project for the Working Forest Fund. Bigger is better. The enormity of most working forests is what makes them worthy of the singular focus that the Working Forest Fund provides. Selzer says when deciding whether to utilize the Working Forest Fund, The Conservation Fund also considers potential threats to a property, its conservation value, and the availability of conservation partners.<\/p>

\u201cThe first thing we\u2019re looking for are forests that, if we don\u2019t step in, are probably going to be either subdivided or converted out of forestry,\u201d Selzer says. \u201cWe also want to see who are the conservation partners we can bring in, particularly from the federal and state public-agency sectors, to help us put into place a permanent conservation easement that the property can only be managed as a working forest.\u201d<\/p>

That unquestionably is the end goal of the Working Forest Fund. Dangler says this is not a program designed simply to set land aside for preservation. Instead, the emphasis should be placed on the \u201cworking\u201d part of the program\u2019s name.<\/p>

\u201cIt\u2019s about helping the local economy in these rural towns that associate these lands with jobs and outdoor recreation,\u201d Dangler says. \u201cThat\u2019s a big part of this equation: the people plus the forest. It\u2019s not just preservation. This isn\u2019t about locking up the land. It\u2019s about keeping the land open for sustainable use. <\/p>

<\/a><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"cb8c216"}],"drop_cap":"yes"},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2022/10/sold-montanas-sacred-raven-ranch/ Thu, 13 Oct 2022 06:00:23 +0000 https://landreport.com/?p=58534 Montana’s Sacred Raven Ranch, which was listed for $10.495 million, recently sold. Branif Scott of Fay Ranches had the listing, and Vinny Delgado of Fay Ranches brought the buyer. The 1,542-acre property lies along the Rocky Mountain Beartooth Front, adjacent to thousands of acres of national forest that thread through the heart of the Greater Yellowstone Ecosystem. Water features include more than a mile of the East Fork and the Middle Fork of Fiddler Creek, multiple springs, and a spring-fed pond. The landscape is home to moose, elk, black bear, whitetailed deer, wild turkey, and eagles, with close proximity to world-class fly fishing. Major improvements have been made to the 3,392-square-foot main home, 2,970-square-foot guest home, and historic stacked hand-hewn cabin. The property includes a grass helicopter landing pad next to the main residence. Read more HERE.]]> 58534 0 0 0 https://landreport.com/2022/09/caddo-sustainable-timberlands-announces-texas-carbon-capture-and-storage-project/ Tue, 20 Sep 2022 06:00:01 +0000 https://landreport.com/?p=60966 Caddo Sustainable Timberlands (CST) has entered into an agreement for the potential development of a carbon capture and storage (CCS) project on 27,000 acres of CST’s East Texas timberland holdings. The goal is to permanently store carbon dioxide (CO₂) in subsurface geologic formations while managing the timberlands in accordance with the Sustainable Forestry Initiative standard. “We are excited to explore this opportunity to unlock this new potential dimension of our timberland asset,” said CST Chief Financial Officer Patrick Chambless. “This agreement is part of CST’s broader commitment to delivering significant climate and environmental impacts, including through CCS, carbon removals, renewable energy development, mitigation banking, and conservation easements.” An investment platform created in 2022 by BTG Pactual Timberland Investment Group and British Columbia Investment Management Corporation, CST owns more than 889,000 acres of timberland in East Texas and Western Louisiana and ranks as the largest private timberland owner in Texas with 831,000 acres. Read more HERE.  ]]> 60966 0 0 0 https://landreport.com/2022/10/the-land-report-fall-2022/ Sat, 15 Oct 2022 06:00:55 +0000 https://landreport.com/?p=58505 Investment opportunities headline our Fall 2022 Issue, which includes a Timberland Special Section:

• Working Forest Fund: Keeping industrial timberlands intact by deploying almost $1 billion.
• Napa Valley Power Players: These eight landowners are reshaping wine country.
• AcreTrader: Meet the team using technology to bring investors and farmers together.
• Syndicated Conservation Easements: The abusive tax scam Congress can't kill.

For up-to-the-minute reports on breaking news, follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 58505 0 0 0 https://landreport.com/2022/10/usda-announces-partnership-winners/ Tue, 18 Oct 2022 06:00:02 +0000 https://landreport.com/?p=58536 In September, US Secretary of Agriculture Tom Vilsack announced 70 selected projects will receive a total of $2.8 billion in funding as part of USDA’s Partnerships for Climate-Smart Commodities initiative. The investment will finance farming, ranching, and forest projects to implement climate-smart production practices on a voluntary basis on working lands. Funding, along with technical support assistance, empowers farmers to strengthen their operations resilience to climate-related disaster events while leveraging their land’s potential to sequester and store carbon. Climate-smart agriculture is believed to significantly reduce emissions, sequester carbon, and deliver lasting solutions to solve the climate crisis. Through these funding opportunities, USDA hopes to drive climate-smart innovation and expand markets for American producers. Launched in February, this opportunity was made possible through the Farm Bill. Read more HERE.]]> 58536 0 0 0 https://landreport.com/2022/10/oregon-supreme-court-declines-appeal/ Mon, 17 Oct 2022 06:00:06 +0000 https://landreport.com/?p=58538 The long-running battle between the State of Oregon and several of its counties over timber revenue came to an end last month. In the 1930s and 1940s, those counties donated land to the state “so as to secure the greatest permanent value of those lands.” In exchange, they received a cut of the state’s logging profits, which bolstered local budgets. In 2019, those same counties sued the state, saying they were being shortchanged. A Linn County judge ruled in favor of the counties and ordered the state to pay $1 billion plus interest in damages. Earlier this year, the Oregon Court of Appeals reversed that verdict, saying the State of Oregon can manage forests for a range of values that include recreation, water quality, and wildlife habitat, in addition to logging revenue. The Oregon Supreme Court decision to deny the petition for appeal means that the lower court ruling from April will stand. Read more HERE.]]> 58538 0 0 0 https://landreport.com/2022/10/usda-investment-in-organic-farming/ Thu, 20 Oct 2022 06:00:49 +0000 https://landreport.com/?p=58603 Once upon a time, the term “organic” was applied to the diet of health food nuts. Today, annual sales of organic products in the US top $63 billion, roughly double the amount of a decade ago. Although organic production constitutes about 6 percent in overall food sales in the US, more than 80 percent comes from foreign producers. To shift more of that total to US farmers, the USDA has committed $300 million to recruit and support farmers willing to convert to organic practices. This includes $100 million toward technical training, $100 million to aid organic supply chains and develop markets, $75 million to support farmers who meet new conservation practice standards, and $25 million toward addressing insurance options. Proponents believe that the added value of organic crops is especially attractive to landowners with smaller tracts of land. Crops can only be considered organic if grown on land not treated with synthetic substances for three years. Read more HERE.]]> 58603 0 0 0 18477 https://www.gate.io/tr/signup/XlQVXVo 0 0 https://landreport.com/2022/10/hall-and-hall-expands-into-mid-atlantic-and-southeast/ Fri, 21 Oct 2022 06:00:03 +0000 https://landreport.com/?p=58653 The largest full-service farm and ranch brokerage in America just got larger. Hall and Hall has opened a new office in Charlottesville to serve landowners in the American Mid-Atlantic and Southeast. The move formalizes its presence on the East Coast and will provide additional resources to regional clients. Real estate partner Alex Webel will oversee the Virginia operation, leading a team of experienced brokers and specialists. Webel’s ties to Hall and Hall date back to his grandfather’s purchase of a Montana ranch in the 1970s. Hall and Hall Director Joel Leadbetter said, “Alex’s close ties to the West … coupled with his career managing and selling farms and estates in the Mid-Atlantic states, make him a great addition to the Hall and Hall team.” Read more HERE.]]> 58653 0 0 0 https://landreport.com/2022/10/texas-land-market-cools-off/ Mon, 24 Oct 2022 06:00:01 +0000 https://landreport.com/?p=58655 The white-hot Texas land market has cooled off. The Texas Real Estate Research Center reports that sales of rural land in the Lone Star State fell 26.5 percent between mid-2021 and mid-2022.

Cool Down

Per Texas Land and Market Latest Developments, land sales slowed considerably from last year’s frenzied pace. Quarterly figures compiled by the Texas Real Estate Research Center indicate that the number of transactions dropped by almost one-third from 2,710 in Q2 2021 to 1,822 transactions in Q2 2022. A total of 850,469 acres changed hands, a 3.67 percent gain over 2021.

Higher Prices

Paradoxically, prices  “This trend toward rising prices and declining activity suggests demand is dropping,” said Research Economist Dr. Charles Gilliland. “If so, brokers may begin to find ebbing enthusiasm among potential buyers.”

Texas Real Estate Research Center

The Texas Real Estate Research Center was created by the Texas Legislature. Real estate licensing fees comprise the bulk of its funding. The Center creates data-driven content for the real estate industry, real-estate instructors, researchers, and the general public.]]> 58655 0 0 0 18488 https://www.gate.io/es/signup/9127596 0 0 https://landreport.com/2022/10/interfor-pays-325-million-for-chaleur-forest-products/ Tue, 25 Oct 2022 06:00:51 +0000 https://landreport.com/?p=58657 Canadian forest products giant Interfor Corporation acquired Chaleur Forest Products for $325 million. The all-cash transaction included approximately $31 million of net working capital. An affiliate of the Kilmer Group Capital Partners, Chaleur has annual production capacity of 350 million board feet at its two sawmills. Its woodlands management division provides a secure source of fiber supply and stable, long-term cash flow. Interfor CEO Ian Fillinger said the acquisition is consistent with Interfor’s growth-focused strategy as a pure-play lumber producer and builds upon our expansion into Eastern Canada with further geographic diversity. Read more HERE. ]]> 58657 0 0 0 https://landreport.com/2022/10/vermont-land-trust-preserves-wildstone-farm/ Wed, 26 Oct 2022 06:00:09 +0000 https://landreport.com/?p=58659 Vermont landowners John and Joy Primmer partnered with the Vermont Land Trust to permanently conserve their 21-acre Wildstone Farm in Pownal for farmland use. The Land Trust received a grant from the Vermont Housing and Conservation Board to purchase the development rights. Located on the west side of the Dome in the Green Mountains, the property contains well-drained soils with abundant access to water. Certified as an organic farm since 1989, Wildstone Farm is one of four medium-sized vegetable farms responsible for most of the locally grown produce in Bennington County. The Vermont Land Trust has preserved a total of 2,183 acres in Pownal, which equates to approximately seven percent of the township's land mass. Read more HERE.]]> 58659 0 0 0 https://landreport.com/2022/10/manulife-acquires-1400-acres-in-central-valley/ Fri, 28 Oct 2022 06:00:55 +0000 https://landreport.com/?p=58661 Canadian financial services firm Manulife has acquired two Fresno County orchards totaling 1,400 acres. The acquisition includes a 900-acre pistachio orchard and a 500-acre citrus, pistachio, and almond orchard. No financial details were disclosed. Located in California’s tree nut hub in the Central Valley, the properties are situated near other farmland assets owned by Manulife. The company manages more than six million acres of timberland and prime farmland throughout the US, Canada, Australia, New Zealand, and Chile. Oliver Williams, Manulife’s global head of agriculture investments, said “We believe that orchards, as a nature-based solution, can provide both economic returns to our investor clients along with social and environmental benefits.” Read more HERE.]]> 58661 0 0 0 https://landreport.com/2022/10/sold-southfork-ranch-of-dallas-fame/ Thu, 27 Oct 2022 06:00:21 +0000 https://landreport.com/?p=58663 For fans of the 1980s CBS drama Dallas, the answer to the question “Who bought Southfork Ranch?” is sure to rank a close second to “Who shot J.R.?” According to reporting by Steve Brown in the Dallas Morning News, Centurion American Development Group recently acquired the 241-acre North Texas property, including the 5,900-square-foot white mansion that was home to the scheming Ewing family. Financial terms were not disclosed. Centurion American announced it will partner with the City of Parker in its development plans. Said CEO Mehrdad Moayedi, “Southfork Ranch is one of the most important and beloved parcels of land in the metroplex with more than 400,000 visitors each year, and we’re proud to lead the team bringing it into its next evolution.” Read more HERE.]]> 58663 0 0 0 https://landreport.com/2022/10/land-report-october-2022-newsletter/ Sat, 15 Oct 2022 06:00:28 +0000 https://landreport.com/?p=58673 Our October Newsletter features:

• Terry Bradshaw Lists 744-Acre Oklahoma Ranch for $22.5 Million
• Iowa Farmland Sells for Record $26,250 Per Acre
• 1,247 Acres in Michigan’s Upper Peninsula Protected
• Miley Cyrus Sells Tennessee Estate for $14.5 Million

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 58673 0 0 0 https://landreport.com/2022/10/sold-eastern-oklahoma-ranchland-tops-4000-per-acre/ Wed, 19 Oct 2022 06:00:41 +0000 https://landreport.com/?p=58686 58686 0 0 0 18490 https://accounts.binance.com/ar/register?ref=10126709 0 0 https://landreport.com/2022/10/landmark-partnership-announced/ Mon, 31 Oct 2022 00:00:22 +0000 https://landreport.com/?p=58701 ]]> 58701 0 0 0 https://landreport.com/2022/11/1-7-million-acres-of-eastern-timberland-trades-for-1-8-billion/ Thu, 03 Nov 2022 06:00:39 +0000 https://landreport.com/?p=58789 Wall Street Journal broke the story on November 2. Unlike the majority of industrial timberland in the US, The Forestland Group acreage and an additional 100,000 acres previously acquired will not be not be managed for lumber or for pulp production. Instead, the focus will be carbon markets. “We’re really going to be focused on forest health. We’re thinking about this in decades, not years,” Jamie Houston of Anew Climate told The Journal. Read more HERE.]]> 58789 0 0 0 https://landreport.com/2022/11/up-to-1-9-billion-in-damage-from-hurricane-ian/ Tue, 01 Nov 2022 06:00:29 +0000 https://landreport.com/?p=58830 Initial estimates on losses to agricultural production and infrastructure in Florida from Hurricane Ian range from $1.1 billion to almost $1.9 billion, according to a report from the Florida Department of Agriculture. Agriculture Commissioner Nikki Fried called the report “a critical first step in the process of securing federal disaster aid for our hard-working producers.” FEMA declared 27 counties across the state disaster areas. The document provides policymakers a detailed summary of estimated losses to various agricultural sectors, including citrus, fruits and vegetables, field crops, horticultural crops, animal, animal products, forestry and others. Estimates will be updated as additional information becomes available. Read more HERE.]]> 58830 0 0 0 https://landreport.com/2022/11/pennsylvania-leads-nation-in-farmland-preservation/ Wed, 02 Nov 2022 06:00:08 +0000 https://landreport.com/?p=58832 The Pennsylvania Farmland Preservation Program has preserved a total 616,713 acres, made up of 6,118 farms across 58 counties. Funded in part through a USDA grant, the program was established in 1988 as a way to develop public policy around protecting farmland. Prior to its establishment, many landowners were vulnerable to pressure from developers. Program funds are used to purchase conservation easements that stay attached to a property, thus making preservation “permanent.” The Pennsylvania Farmland Preservation Program is a bipartisan organization that enjoys strong support across party lines. Also popular among landowners, there is currently a wait list of around 1,200 farms seeking consideration. Farms are prioritized based on location, land value, and soil quality. A recent $7.85 million USDA grant will enable the program’s continued funding, which in 2021 totaled $54.8 million. Read more HERE. ]]> 58832 0 0 0 18491 https://www.binance.com/fr/register?ref=10126709 0 0 https://landreport.com/2022/11/hmong-farmers-purchase-155-acres-in-minnesota/ Fri, 04 Nov 2022 06:00:38 +0000 https://landreport.com/?p=58904 Sixteen families, represented by the Hmong American Farmers Association (HAFA), purchased 155 acres of land in Southeastern Minnesota. After settling in the region as political refugees following the Vietnam War, the Hmong began renting farmland in Vermillion Township and became a vital part of the state’s local food economy. Through state-funded grants and fundraising efforts, the HAFA purchased the parcel where 100 Hmong farmers already grow a variety of crops. Produce from the farm goes to farmers' markets and community supported agriculture. The acquisition will enable farmers who rent land from the association to pay less than they might on the open market. According to Executive Director Janssen Hang, “Securing this property means not only are we securing long-term land access just for current farmers but also for future generations.” Read more HERE.]]> 58904 0 0 0 https://landreport.com/2022/11/lyme-timber-sells-29019-acres-in-up/ Mon, 07 Nov 2022 06:00:10 +0000 https://landreport.com/?p=58906 Bluestone Sustainable Forest Co. (BSFC) has acquired 29,019 acres of forestland in Michigan's Upper Peninsula from affiliates of Lyme Timber. Recognized as a critical migratory path for sandhill cranes as well as habitat for wolves, deer, and bear, the acreage will be managed by Anew Climate. While carbon sequestration will be prioritized, sustainable harvesting will continue to support the local economy. The 45-square-mile tract will also remain accessible to the public for recreation activities. Anew Climate currently oversees more than 90 forest carbon projects totaling more than four million acres in partnership with North American landowners. BSFC President Jamie Houston said, “Michigan is a state that is rich in its forests, and it is an area where we have a successful and long track record of managing forests for carbon in partnership with a variety of landowners.” Read more HERE.]]> 58906 0 0 0 https://landreport.com/2022/11/dallas-star-patrick-duffy-lists-ranch-for-14-million/ Tue, 08 Nov 2022 06:00:16 +0000 https://landreport.com/?p=58909 Dallas star Patrick Duffy has listed his 400-acre Southern Oregon ranch for $14 million with Alan DeVries and Matthew Cook of Cascade Hasson Sotheby’s International Realty. Featuring two miles of Rogue River frontage, the property includes a two-acre bass pond and tillable acreage. Duffy purchased the first 130 acres in 1990 for approximately $1.5 million. He and his late wife, Carlyn Rosser, spent the next three decades investing $3 million into acquiring adjacent properties, houses, and pastures that are currently rented to local ranchers. In a video for Sotheby’s, Duffy acknowledged how his opportunity on television made his dream of ranch ownership come true. “It allowed us to do what we wanted to do most. This is the house that Dallas built.” Oddly enough, his fictional Southfork home recently sold. Read more HERE.]]> 58909 0 0 0 18503 https://www.binance.com/pl/register?ref=10126709 0 0 https://landreport.com/2022/11/mohu/ Tue, 01 Nov 2022 06:00:21 +0000 https://landreport.com/?p=58959 The history and provenance of Katharine Graham's Mohu estate, located on Lamberts Cove, speaks for itself. When combined with the unsurpassed natural beauty of this 50-acre peninsula, which is protected by pristine James Pond and offers breathtaking views over white sandy dunes to Vineyard Sound and the Elizabeth Islands, it quickly becomes clear why this remarkable property truly represents the ultimate once-in-a-lifetime opportunity.

https://vimeo.com/769276530

LandVest

Gerret Conover

(508) 627-1617

Learn More ]]> 58959 0 0 0 The history and provenance of Katharine Graham's Mohu estate, located on Lamberts Cove, speaks for itself. When combined with the unsurpassed natural beauty of this 50-acre peninsula, which is protected by pristine James Pond and offers breathtaking views over white sandy dunes to Vineyard Sound and the Elizabeth Islands, it quickly becomes clear why this remarkable property truly represents the ultimate once-in-a-lifetime opportunity. <\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"98c3b20"}],"drop_cap":"yes"},"elements":[],"widgetType":"text-editor"},{"id":"c717d1d","elType":"widget","settings":{"youtube_url":"https:\/\/youtu.be\/wzPdJDFPsmc","vimeo_url":"https:\/\/vimeo.com\/769276530","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0265898"}],"video_type":"vimeo"},"elements":[],"widgetType":"video"},{"id":"d2a15f4","elType":"widget","settings":{"text":"Divider","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"7cf891f"}]},"elements":[],"widgetType":"divider"}],"isInner":false}],"isInner":false},{"id":"7f3fb574","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"5ce7abf0","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}]},"elements":[{"id":"fa86cb3","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/08\/LandVest_Logo_150x150.png","id":57020,"alt":"","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"0","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}],"image_size":"thumbnail"},"elements":[],"widgetType":"image"},{"id":"47021d9","elType":"widget","settings":{"title":"LandVest","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60"}]},"elements":[],"widgetType":"heading"},{"id":"55036a7b","elType":"widget","settings":{"editor":"

Gerret Conover<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":14,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"700166e","elType":"widget","settings":{"editor":"

(508) 627-1617<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"b94eadd","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/www.landvest.com\/land\/int\/ma3540\/mohu-west-tisbury-ma-02568","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true}]]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> https://landreport.com/2022/11/conservation-funding-available-for-west-texas-landowners/ Wed, 09 Nov 2022 06:00:42 +0000 https://landreport.com/?p=58911 The Greater Big Bend Conservation Partnership program aims to implement landscape-scale conservation initiatives across West Texas. A joint venture of the Borderlands Research Institute and the Texas Agricultural Land Trust, the program is a cost-share initiative that will reimburse approximately half the expense of qualified conservation practices to landowners in Brewster, Jeff Davis, and Presidio Counties. Funded by a $3.5 million commitment from the Regional Conservation Partnership Program, the partnership provides opportunities for conservation experts to collaborate with farmers, ranchers, and forest landowners to implement practices that conserve resources, improve habitats, and increase climate resilience. Activities include grassland restoration, construction of wildlife-friendly fencing, and riparian restoration. The application period for the partnerships ends December 22. Read more HERE. ]]> 58911 0 0 0 https://landreport.com/2022/11/oregon-and-idaho-farmland-up-for-auction/ Thu, 10 Nov 2022 06:00:56 +0000 https://landreport.com/?p=58913 Peoples Company and AgriBusiness Trading Group will auction three farms in Idaho and Oregon totaling more than 3,200 acres. Sealed bids are due November 30. Diamond Farm (929 acres) in Eastern Oregon is a crop-rich property with ample water and rich soil. Hilltop Farm (664 acres), located in Idaho along the Oregon border, overlooks the scenic Weiser Valley. Salmon Hills Farm (1,609 acres) includes a 3,800-square-foot Quonset shop and four grain bins. Half of its acreage is irrigated, mostly through an extensive series of Snake River canals. Peoples Company President Steve Bruere calls the three properties “the best of the Pacific Northwest — productive, irrigated farms with substantial water rights, and local tenant farmers responsibly managing a diverse crop rotation.” Read more HERE.]]> 58913 0 0 0 18485 https://accounts.binance.com/sv/register-person?ref=P9L9FQKY 0 0 https://landreport.com/2022/11/26250-per-acre-new-record-for-nebraska-farmland/ Fri, 11 Nov 2022 06:00:02 +0000 https://landreport.com/?p=58915 Only a few weeks have passed since an Iowa farmland auction set a new national sales record for $26,250 per acre. On October 27, DreamDirt Auctioneers broke that record when it auctioned a Southeastern Nebraska farm for $27,400 per acre. (The previous record in the Cornhusker State was $17,800 per acre.) The two tracts totaled 117 acres. Located near Falls City, the auction was managed by Jason Smith of DreamDirt and drew nine bidders. Despite an assessed value of just $4,185 per acre, the farm ground became a bidding war between two eager buyers. Smith reported that the farmland’s excellent soil quality played a significant role in its appeal. Read more HERE. ]]> 58915 0 0 0 https://landreport.com/2022/11/montana-protects-5700-acres-in-big-snowy-mountains/ Mon, 14 Nov 2022 06:00:06 +0000 https://landreport.com/?p=58917 The Montana Land Board approved an $8.2 million purchase of 5,700 acres in the Big Snowy Mountains 20 miles south of Lewistown. The property will be managed by the Montana Department of Fish, Wildlife and Parks (FWP) as the Big Snowy Mountains Wildlife Management Area. The seller, Shodair Children’s Hospital, received the property as a donation from the Forest Allen Estate in 2019 and will use the proceeds from the sale to fund construction costs. The Rocky Mountain Elk Foundation advised the hospital during its presale preparations. It has also pledged $250,000 in start-up funding for infrastructure and management. Read more HERE. ]]> 58917 0 0 0 https://landreport.com/2022/11/land-report-voices-western-ranch-brokers/ Mon, 14 Nov 2022 15:59:22 +0000 https://landreport.com/?p=58935 How has 2022 business been so far?

2022 has been another successful year for Western Ranch Brokers. Despite this year’s inventory challenges, our team has represented a number of first-class Montana ranches on the open market as well as an increasing number of off-market properties. We continue to be an industry leader in promoting our properties — reaching the right audiences through high-quality, targeted marketing and using digital analytics to provide real-time feedback.

Schwenke Ranch

Schwenke Ranch is a classic Montana grass ranch in the heart of cowboy country just north of Lewistown. Situated where the Little Rocky Mountains meet the Missouri Breaks, this ranch has a carrying capacity of 562 cows and spans over 60,000 acres including deeded, state, and BLM land. Productive pastures, impressive populations of elk, and unspoiled scenery make this Central Montana property a rare find in today’s market.

Learn More

How has the Montana market changed since 2000 to today?

There have been two significant booms in Montana ranch real estate since 2000. The first, from 2003 to 2008, was driven primarily by recreational purchasers and speculative buyers. After the market fell in 2008, the ranch real estate market made steady gains starting in 2012 and has recently been hitting record highs in 2019 through 2022.

The latest market explosion was fueled by a combination of the large number of high-net-worth individuals seeking a primary residence in Montana and real estate investors looking for a safe harbor from the financial uncertainties of the pandemic. There was also a significant increase in the value of land in Montana, a large portion of which was targeted for development. In response, many landowners moved their operations outside of major metropolitan areas, driving up real estate costs in the less densely populated areas of the state as well.

The record property values established during the last few years seem to be holding steady in the current market, likely due to the lack of available real estate inventory and excessive amount of cash in the market.

Off-Market - Northeast Montana

Western Ranch Brokers is also offering an off-market farm property in Northeast Montana. The opportunity includes more than 6,200 acres on one of the most well-run farms in the area. Interested parties can apply for access to a private website to learn more about this confidential listing.

Learn More

What have been the greatest obstacles in the current market and how has WRB overcome them? 

The biggest challenge in the Montana ranch real estate market today is the lack of available inventory. With an increasing number of qualified buyers in search of ranch properties, the current supply falls short of the demand. To overcome those challenges, Jim Toth, Bill Boyce, and Caleb Campbell have relied on their longstanding relationships with Montana landowners to acquire new listings and have expanded their capabilities to support more off-market sales opportunities.

Western Ranch Brokers

(406) 589-4160

Learn More ]]> 58935 0 0 0 Beartooth Mountain View Ranch has 6,516 total acres of strong grass country, breathtaking views of the Absaroka Mountains and 2.5 miles of Spring Creek running year round through the property.]]> Off-Market Transactions

]]> Schwenke Ranch

]]> How has 2022 business been so far?<\/h3>

2022 has been another successful year for Western Ranch Brokers. Despite this year\u2019s inventory challenges, our team has represented a number of first-class Montana ranches on the open market as well as an increasing number of off-market properties. We continue to be an industry leader in promoting our properties \u2014 reaching the right audiences through high-quality, targeted marketing and using digital analytics to provide real-time feedback.<\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"3b75ad9"}],"motion_fx_translateY_effect":"yes"},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false},{"id":"381dbc8","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"df29b20"}]},"elements":[{"id":"90a02ae","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}],"motion_fx_motion_fx_scrolling":"yes","motion_fx_translateY_effect":"yes"},"elements":[{"id":"e7e1984","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/11\/LR_WRB_01.jpg","id":58949,"alt":"LR WRB 01","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}],"link_to":"custom","link":{"url":"https:\/\/westernranchbrokers.com\/listings\/schwenke-ranch\/","is_external":"","nofollow":"","custom_attributes":""}},"elements":[],"widgetType":"image"},{"id":"0d962e0","elType":"widget","settings":{"editor":"

Schwenke Ranch<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":12,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"850f45b","elType":"widget","settings":{"editor":"

Schwenke Ranch is a classic Montana grass ranch in the heart of cowboy country just north of Lewistown. Situated where the Little Rocky Mountains meet the Missouri Breaks, this ranch has a carrying capacity of 562 cows and spans over 60,000 acres including deeded, state, and BLM land. Productive pastures, impressive populations of elk, and unspoiled scenery make this Central Montana property a rare find in today\u2019s market.<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"e4ee50d","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/westernranchbrokers.com\/listings\/schwenke-ranch\/","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false},{"id":"4b54b59","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"fbde6bb"}]},"elements":[{"id":"642fcba","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"8d10888"}]},"elements":[{"id":"f425ce9","elType":"widget","settings":{"editor":"

How has the Montana market changed since 2000 to today?<\/h3>

There have been two significant booms in Montana ranch real estate since 2000. The first, from 2003 to 2008, was driven primarily by recreational purchasers and speculative buyers. After the market fell in 2008, the ranch real estate market made steady gains starting in 2012 and has recently been hitting record highs in 2019 through 2022.<\/p>

The latest market explosion was fueled by a combination of the large number of high-net-worth individuals seeking a primary residence in Montana and real estate investors looking for a safe harbor from the financial uncertainties of the pandemic. There was also a significant increase in the value of land in Montana, a large portion of which was targeted for development. In response, many landowners moved their operations outside of major metropolitan areas, driving up real estate costs in the less densely populated areas of the state as well.<\/p>

The record property values established during the last few years seem to be holding steady in the current market, likely due to the lack of available real estate inventory and excessive amount of cash in the market.<\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"558b357"}],"motion_fx_translateY_effect":"yes"},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false},{"id":"1cefe84","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"df29b20"}]},"elements":[{"id":"5a88998","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}],"motion_fx_motion_fx_scrolling":"yes","motion_fx_translateY_effect":"yes"},"elements":[{"id":"102896a","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/11\/LR_WRB_03.jpg","id":59003,"alt":"LR WRB 03","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}],"link_to":"custom","link":{"url":"https:\/\/westernranchbrokers.com\/off-market\/","is_external":"","nofollow":"","custom_attributes":""}},"elements":[],"widgetType":"image"},{"id":"59bda62","elType":"widget","settings":{"editor":"

Off-Market - Northeast Montana<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":12,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"c73d7d1","elType":"widget","settings":{"editor":"

Western Ranch Brokers is also offering an off-market farm property in Northeast Montana. The opportunity includes more than 6,200 acres on one of the most well-run farms in the area. Interested parties can apply for access to a private website to learn more about this confidential listing.<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"bda34c4","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/westernranchbrokers.com\/off-market\/","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false},{"id":"5c97189","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"df28376"}]},"elements":[{"id":"f29094e","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"8c8b780"}]},"elements":[{"id":"2126ea7","elType":"widget","settings":{"editor":"

What have been the greatest obstacles in the current market and how has WRB overcome them?\u00a0<\/h3>

The biggest challenge in the Montana ranch real estate market today is the lack of available inventory. With an increasing number of qualified buyers in search of ranch properties, the current supply falls short of the demand. To overcome those challenges, Jim Toth, Bill Boyce, and Caleb Campbell have relied on their longstanding relationships with Montana landowners to acquire new listings and have expanded their capabilities to support more off-market sales opportunities. <\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"edc6f4b"}],"motion_fx_motion_fx_scrolling":"yes","motion_fx_translateY_effect":"yes"},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false},{"id":"de667c7","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"9e09c1c"}],"motion_fx_translateY_effect":"yes"},"elements":[{"id":"3a04de2","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}],"motion_fx_motion_fx_scrolling":"yes","motion_fx_translateY_effect":"yes"},"elements":[{"id":"60227d8","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/11\/LR_WRB_Voices.png","id":58957,"alt":"LR WRB Voices","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}],"image_size":"thumbnail"},"elements":[],"widgetType":"image"},{"id":"bdd1d11","elType":"widget","settings":{"editor":"

Western Ranch Brokers<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":13,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"9866f6e","elType":"widget","settings":{"editor":"

(406) 589-4160<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"be330d3","elType":"widget","settings":{"text":"Learn More","link":{"url":"www.westernranchbrokers.com","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false}]]]> Schwenke Ranch

]]> Off-Market Transactions]]> https://landreport.com/2022/11/five-data-points-you-should-know-before-buying-farmland/ Tue, 15 Nov 2022 06:00:26 +0000 https://landreport.com/?p=59029 Searching for farmland can be made far simpler with accessible, accurate land data. Land data can help you identify properties with characteristics that suit your individual needs, weed out less desirable properties, and help you ask the right questions when evaluating a new parcel so you can be confident about your purchase.

This article will cover five important data points that you should consider when evaluating potential properties.

County Yield

Crop yield is a data point that measures the amount of crops produced on a single farm. County yield is an average measurement of crops produced on all of the land zoned as farmland in one specific county.

Identifying the county yield for multiple counties is one method of narrowing your search for the right farm. While you may expect neighboring counties to have similar average crop yields, varying topography, shifts in soil quality, and access to irrigation or rainfall may vary drastically from one farm to the next.

The USDA utilizes farmer-reported surveys to track county yield data for annual, year over year crop yields. While analyzing this data is an integral step in searching for farmland, individual properties may have different yields and this number is only a rough guide.

Historical Land Use

The USDA compiles crop coverage and growing season images gathered via satellites for a comprehensive analysis of the different uses and management practices that agricultural land has had year over year.

This layer may uncover potential issues that are less obvious when visiting a property and can help you ask the right questions about historic land management. Additionally, understanding the crop optionality in a specific region can help you determine which crops can feasibly be grown and rotated on any particular parcel of farmland.

Soil Data

Access to soil data is another pivotal consideration for buyers looking for farmland. Soil scores can be indicative of yield averages and crop options.

The Natural Resources Conservation Service compiles soil survey data that helps buyers analyze soil composition and quality. For states lacking a specific productivity index, NCCPI (National Commodity Crop Productivity Index) is used. Some states, like Indiana or North Dakota, also have their own soil productivity indexes based on regional factors.

Understanding whether the soil type on a particular farm is consistent across the property and appropriate for growing your desired crop-types is important in securing a property suitable for your farming practices.

Vegetation Index

Another data layer to consider is the vegetation index on any particular property. The NDVI (Normalized Difference Vegetation Index) uses light wave reflections to indicate a plant’s health. Aside from locating healthy crops with this data, it also may suggest problem areas where the crops are not flourishing.

Viewing this information year over year with satellite imagery may help illuminate issues with topography, soil fertility, or other potential growing inhibitors.

Flood Zones

FEMA (the Federal Emergency Management Agency) provides regularly updated flood maps to help communities identify flood risk in their area. This information is also useful when considering farmland.

Without doing your due diligence, flood zones can be an unpleasant surprise in the future that may not only negatively impact your property value but also pose productivity and crop planning risks.

Final Thoughts

These data points are helpful tools that buyers can use to evaluate potential farmland. However, accessing this basic information about individual parcels is often time-consuming and requires extensive due diligence.

Acres, a comprehensive land analysis tool, speeds up the process by putting this information and more at your fingertips. With Acres, you can efficiently access 10+ layers of insights for over 150 million U.S. parcels, save and share data, customize maps, and view comparable sales all in one place. You can create a free account today at Acres.co.

]]> 59029 0 0 0 Searching for farmland can be made far simpler with accessible, accurate land data. Land data can help you identify properties with characteristics that suit your individual needs, weed out less desirable properties, and help you ask the right questions when evaluating a new parcel so you can be confident about your purchase.<\/p>

This article will cover five important data points that you should consider when evaluating potential properties.<\/p>

County Yield<\/h3>

<\/p>

Crop yield is a data point that measures the amount of crops produced on a single farm. County yield is an average measurement of crops produced on all of the land zoned as farmland in one specific county.<\/p>

Identifying the county yield for multiple counties is one method of narrowing your search for the right farm. While you may expect neighboring counties to have similar average crop yields, varying topography, shifts in soil quality, and access to irrigation or rainfall may vary drastically from one farm to the next.<\/p>

The USDA utilizes farmer-reported surveys to track county yield data for annual, year over year crop yields. While analyzing this data is an integral step in searching for farmland, individual properties may have different yields and this number is only a rough guide.<\/p>

Historical Land Use<\/h3>

<\/p>

The USDA compiles crop coverage and growing season images gathered via satellites for a comprehensive analysis of the different uses and management practices that agricultural land has had year over year.<\/p>

This layer may uncover potential issues that are less obvious when visiting a property and can help you ask the right questions about historic land management. Additionally, understanding the crop optionality in a specific region can help you determine which crops can feasibly be grown and rotated on any particular parcel of farmland.<\/p>

Soil Data<\/h3>

<\/p>

Access to soil data is another pivotal consideration for buyers looking for farmland. Soil scores can be indicative of yield averages and crop options.<\/p>

The Natural Resources Conservation Service compiles soil survey data that helps buyers analyze soil composition and quality. For states lacking a specific productivity index, NCCPI (National Commodity Crop Productivity Index) is used. Some states, like Indiana or North Dakota, also have their own soil productivity indexes based on regional factors.<\/p>

Understanding whether the soil type on a particular farm is consistent across the property and appropriate for growing your desired crop-types is important in securing a property suitable for your farming practices.<\/p>

Vegetation Index<\/h3>

<\/p>

Another data layer to consider is the vegetation index on any particular property. The NDVI (Normalized Difference Vegetation Index) uses light wave reflections to indicate a plant\u2019s health. Aside from locating healthy crops with this data, it also may suggest problem areas where the crops are not flourishing.<\/p>

Viewing this information year over year with satellite imagery may help illuminate issues with topography, soil fertility, or other potential growing inhibitors.<\/p>

Flood Zones<\/h3>

<\/p>

FEMA (the Federal Emergency Management Agency) provides regularly updated flood maps to help communities identify flood risk in their area. This information is also useful when considering farmland.<\/p>

Without doing your due diligence, flood zones can be an unpleasant surprise in the future that may not only negatively impact your property value but also pose productivity and crop planning risks.<\/p>

Final Thoughts<\/h3>

These data points are helpful tools that buyers can use to evaluate potential farmland. However, accessing this basic information about individual parcels is often time-consuming and requires extensive due diligence.<\/p>

Acres, a comprehensive land analysis tool, speeds up the process by putting this information and more at your fingertips. With Acres, you can efficiently access 10+ layers of insights for over 150 million U.S. parcels, save and share data, customize maps, and view comparable sales all in one place. You can create a free account today at Acres.co<\/a>.<\/p>","drop_cap":"yes","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"728ecec"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2022/11/1300-acres-of-coveted-pacific-oceanfront-sells-for-19000-per-acre/ Tue, 15 Nov 2022 06:00:54 +0000 https://landreport.com/?p=59042 A lengthy battle over nearly 1,300 acres of highly coveted, undeveloped coastline north of Malibu came to an end in November when the Trust for Public Land (TPL) purchased Deer Creek from the estate of Harry Mansdorf for $25 million. The acreage will ultimately be added to the adjacent Santa Monica Mountains National Recreation Area. Mansdorf initially planned to develop the property into a destination resort. Thanks to TPL, however, the natural corridor between the Santa Monica Mountains and 14,000-acre Point Mugu State Park will be protected in perpetuity. California State Director Guillermo Rodriguez said, “Conservation in California is arduous, frustrating, and expensive, but worth it.” Read more HERE.]]> 59042 0 0 0 https://landreport.com/2022/11/land-report-november-2022-newsletter/ Tue, 22 Nov 2022 16:38:51 +0000 https://landreport.com/?p=59228 Our November Newsletter features:

• Sold! Eastern Oklahoma Ranchland Tops $4,000 Per Acre
• 26,250 Per Acre New Record for Nebraska Farmland
• Five Data Points You Should Know Before Buying Farmland
• Land Report Voices: Western Ranch Brokers

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 59228 0 0 0 https://landreport.com/2022/11/midwest-farmland-values-robust-in-q3-2022/ Wed, 16 Nov 2022 06:00:36 +0000 https://landreport.com/?p=59272 Farmland values in the Corn Belt continued to climb in the third quarter of 2022, increasing 20 percent year over year. Credit conditions also improved despite the steep jump in interest rates. Five states in the Seventh District brought in near-record soybean and corn yields. USDA price index for livestock and animal products was up 23 percent in September, and revenues on corn and soybean harvests are projected to surpass records set in 2021. Credit conditions showed improvement in Q3 with repayment rates higher than last year’s rates. Looking forward, 68 percent of survey participants anticipate Q4 figures to stay the same. Read more HERE.]]> 59272 0 0 0 https://landreport.com/2022/11/midwest-farm-economy-stays-strong-in-q3-2022/ Mon, 21 Nov 2022 06:00:33 +0000 https://landreport.com/?p=59274 The Seventh Federal District’s farmland values rose 20 percent in Q3 2022. Even when adjusted for inflation, values were up 13 percent, continuing a year-over-year gain for the fourth year in a row. Indiana led the district in Q3 at 29 percent. Despite planting delays in the spring and threat of drought in the summer, production exceeded expectations. The prices of corn and soybeans were slightly lower than in August but still significantly higher than a year ago. Credit conditions improved, but inflation and higher interest rates affected net incomes. After being in negative territory for the four previous quarters, the average interest rate on farm operating loans was slightly above zero. Sixty-eight percent of survey respondents predict that farmland values will stay the same going into Q4. Most anticipate a rise in the volume of farmland transfers. Read more HERE. ]]> 59274 0 0 0 18501 https://accounts.binance.com/es/register-person?ref=PORL8W0Z 0 0 https://landreport.com/2022/11/valdemar-estates-acquires-v2-vineyard/ Tue, 22 Nov 2022 06:00:47 +0000 https://landreport.com/?p=59276 Legendary Spanish winemaker Valdemar Estates has acquired V2 Vineyard from the Betz Family Winery and Siren Song Vineyard Estate and Winery in Walla Walla, Washington. Mergers and acquisitions advisory firm METIS served as transaction advisor. No financial details were disclosed. The 40-acre purchase marks the 133-year-old winemaker’s first venture outside of Spain. “We love how this site fits perfectly into the style of wines we want to achieve: fresher, balance, longevity. We’ve worked with fruit from this site for several years and have been delighted to hear people describe our Cabernet from V2 as quite European,” said Jesus Martinez Bujanda Mora, Valdemar Estate’s fifth-generation owner. The new owners plan to work with Washington State University to bring the Maturana grape to the US. Read more HERE. ]]> 59276 0 0 0 https://landreport.com/2022/11/michigan-invests-in-young-farmers/ Wed, 23 Nov 2022 06:00:23 +0000 https://landreport.com/?p=59278 “Seventy percent of US farmland will transfer ownership over the next 20 years,” according to the Grand Traverse Conservation District (GTCD). To assist new farmers who face both traditional and new challenges, the GTCD created the Great Lakes Incubator Farm (GLIF). The initiative will provide hands-on agriculture training, business planning, and access to resources. Executive Director Koffi Kpachavi identified the need after moving to Michigan and noticing that some farmers reaching retirement were selling their land to developers because they had no one willing to take over for them. Kpachavi went to work to find a solution. GLIF, which takes roughly three years to complete, takes a hyperlocal approach to issues unique to the region, supporting new farmers in matters of agriculture and business acumen. For more information about GLIF, visit natureiscalling.org/glif. Read more HERE.]]> 59278 0 0 0 https://landreport.com/2022/11/mississippi-farm-returns-11-percent/ Thu, 24 Nov 2022 06:00:05 +0000 https://landreport.com/?p=59280 AcreTrader exceeded forecasted returns on the recent sale of 976 acres of Mississippi farmland. Instead of a projected 8.3 percent return, the disposition resulted in a preliminary internal rate of return of 11.4 percent. The property, which benefits from strong water access, attracted several unsolicited offers before selling to the most competitive bidder. The sale is the fifth disposition for AcreTrader in the past year that yielded higher than expected returns. The weighted average IRR of those transactions equals 14.1 percent. CEO Carter Malloy said, “It’s encouraging to see continued growth in land values drive performance for investors, especially in our current inflationary environment.” Read more HERE.]]> 59280 0 0 0 https://landreport.com/2022/11/king-estate-acquires-pfeiffer-winery/ Fri, 25 Nov 2022 06:00:34 +0000 https://landreport.com/?p=59282 King Estate Winery has acquired Pfeiffer Winery and Vineyards. No financial details were disclosed. Located in Western Oregon, the 70-acre Pfeiffer block is planted in Pinot Noir and Pinot Gris. The acquisition will increase the capacity of King Estates by 15 percent. Nurtured by Bellpine and Dupee soils rich in silty clay and silt loam, the vineyard experiences long sun exposure, a rarity in Oregon. The acquisition builds on King Estate’s status as the largest biodynamic vineyard operator in North America, with more than 50 vineyard partners throughout Oregon and Washington. Read more HERE.]]> 59282 0 0 0 https://landreport.com/2022/12/sold-boone-pickens-mesa-vista-ranch/ Thu, 01 Dec 2022 06:00:07 +0000 https://landreport.com/?p=59290 HERE.  ]]> 59290 0 0 0 https://landreport.com/2022/11/south-carolina-landowner-creates-quail-preserve/ Sat, 19 Nov 2022 06:00:00 +0000 https://landreport.com/?p=59312 Retired football coach Mooney Player sold his family’s 774-acre South Carolina timberland to Quail Forever for $1.5 million. Player turned the land into a private quail preserve in response to damage from Hurricane Hugo. More than 30 years later, Player formalized a land transfer with Quail Forever and the South Carolina Department of Natural Resources, which will co-manage the property. They plan to maintain a proper habitat for quail, whose population in South Carolina has dropped considerably due to suburban sprawl and intensive farming practices. The property, now called Bobwhite Hills Wildlife Area, is adjacent to a 2,000-acre public wildlife management area and will be open for public hunting during the 2023-24 season. Read more HERE. ]]> 59312 0 0 0 18495 https://www.binance.com/de-CH/register?ref=UM6SMJM3 0 0 https://landreport.com/2022/11/sold-iowa-farmland-hits-30000-per-acre/ Mon, 28 Nov 2022 06:00:20 +0000 https://landreport.com/?p=59369 Farmland prices keep going up and up and up. The most recent record-breaking sale — at $30,000 per acre — took place at auction in Iowa. The seller, the Kraai family of Sioux County, was represented by Zomer Company Realty & Auction. The buyer and runner-up were reportedly local farmers. Made up of 72 total tillable acres, the land is divided equally between corn and soybean production. According to Jim Rothermich of Iowa Appraisal, the price at auction was “negotiated in minutes.” He predicted that future auction activity will be “very brisk” over the next month. Read more HERE.]]> 59369 0 0 0 18480 https://accounts.binance.com/uk-UA/register?ref=B4EPR6J0 0 0 18493 https://accounts.binance.com/ar/register-person?ref=10126709 0 0 https://landreport.com/2022/11/survey-reveals-strong-farmland-values/ Tue, 29 Nov 2022 06:00:20 +0000 https://landreport.com/?p=59371 The Tenth Federal Reserve District released its third-quarter survey of agricultural credit conditions. Overall, the agriculture economy has remained positive despite major threats like drought and inflation. Farmland income and credit conditions continued to be favorable, but at a slower pace than in other quarters. The value of non-irrigated farmland increased from 3 percent to 23 percent from the previous year. Interest rates on farm loans increased sharply, reaching their highest level since 2019. Farm finances remained strong, but an increase in overall income and liquidity were down in comparison to other quarters. Consistent improvements in repayment solutions are reflecting low “problem loan” rates. Going into 2023, continued drought, volatile markets, and high input costs are predicted to be the top agriculture concerns. Read more HERE.]]> 59371 0 0 0 18494 https://accounts.binance.com/pt-PT/register-person?ref=10126709 0 0 https://landreport.com/2022/12/walmart-renewable-energy-accelerator-takes-off/ Fri, 02 Dec 2022 06:00:19 +0000 https://landreport.com/?p=59376 In October, Walmart Inc., Ørsted, and Schneider Electric announced that five major brands — including Levi’s and Smucker’s — will participate in Project Gigaton, Walmart’s renewable energy accelerator. The cohort will execute an aggregated purchase of renewable energy from Ørsted’s Sunflower Wind Farm in Central Kansas. The purchase is expected to generate approximately 250,000 megawatt-hours of new renewable power annually over the 12-year term of the agreement. This carbon offset is equal to the emissions from more than 458,000 cars. The cohort’s success will directly support Project Gigaton’s goal to reduce or avoid one gigaton of greenhouse gas emissions from the global value chain by 2030. Walmart has pledged that its own operations will be 50 percent powered by renewable energy by 2025 and 100 percent by 2035. Read more HERE. ]]> 59376 0 0 0 18500 https://www.binance.com/en-NZ/register?ref=10126709 0 0 18504 https://www.gate.io/tr/signup/XlQVXVo 0 0 https://landreport.com/2022/12/freddie-and-fannie-backstop-high-dollar-mortgages/ Mon, 05 Dec 2022 06:00:11 +0000 https://landreport.com/?p=59378 In response to the rapid appreciation of US home prices over the past few years, the Federal Housing Finance Agency announced that it will backstop mortgages of more than $1 million in some markets. Beginning in 2023, loan limits for both Freddie Mac and Fannie Mae will rise from $970,800 to $1,089,300 in roughly 100 counties designated as “high-cost markets.” These include areas in California, New Jersey, New York, Utah, and Virginia. These conforming loans, which by definition meet Fannie Mae and Freddie Mac guidelines, have smaller down payment requirements and lower closing costs. But they are also the subject of debate. On the one hand, the new limits are needed to keep pace with the current market. On the other, critics argue that borrowers able to afford million-dollar mortgages shouldn’t be a burden to taxpayers. Read more HERE. ]]> 59378 0 0 0 https://landreport.com/2022/12/investors-eye-american-farmland/ Tue, 06 Dec 2022 06:00:59 +0000 https://landreport.com/?p=59380 Many of the newcomers in the soon-to-be $4 trillion farmland market have historically shunned this asset class. Yet during times of economic uncertainty, farmland has long been regarded as an excellent store of value. Just as importantly, farmland prices in many markets have been breaking per-acre sales records of late. It certainly helps that some of the bold-faced names with substantial ag portfolios include Bill Gates, the Church of Jesus Christ of Latter-day Saints, and Sixth Street Capital. In this video, Martin Davies of Nuveen Natural Capital discusses three primary ways to invest — through financial instruments like farmland REITs or EFTs, buying land and leasing it to farmers, or operating permanent crops (like wine grapes or tree nuts). Watch HERE. ]]> 59380 0 0 0 https://landreport.com/2022/12/the-land-report-winter-2022/ Sat, 31 Dec 2022 06:00:08 +0000 https://landreport.com/?p=59487 Our Winter 2022 Issue features the Land Report 100 sponsored by Hayden Outdoors. The top three landowners are outstanding examples of stewardship, the focus of this year's roundup:

• No. 1 Emmerson Family. In addition to acquiring more than 81,000 acres and increasing their holdings to more than 2.411 million acres, California's Emmersons are building a state-of-the-art conifer seedling nursery that will produce 25 million seedlings annually.
• No. 2 John Malone. The Malone Family Land Preservation Foundation has partnered with The Nature Conservancy and Colorado State University to study the impact of virtual fencing on California's Red Top Ranch.
• No. 3 Ted Turner. Rhett Turner's phenomenal photography of Turner Ranches from Conserving America's Wildlands: The Vision of Ted Turner (Rizzoli) highlights the decades-long efforts by the Turners on their lands. In addition to the image of the Shiras moose on the cover, additional images are featured throughout our Land Report 100 issue courtesy of Rizzoli International.

For up-to-the-minute reports on breaking news, follow us on Facebook, Twitter, and Instagram.]]> 59487 0 0 0 https://landreport.com/2023/01/canada-bans-foreign-buyers/ Mon, 02 Jan 2023 06:00:05 +0000 https://landreport.com/?p=59544 Canada's Prohibition on the Purchase of Residential Property by Non-Canadians Act went into effect for two years beginning on New Year's Day 2023. The passage of the bill by the Canadian Parliament in 2022 led to a buying spree by non-Canadians intent on acquiring residential real estate in Canada before the moratorium began. Recreational properties were especially popular because of their exemption from Canada's foreign homebuyer tax. According to a Royal LePage survey, approximately 75 percent of US citizens who currently own Canadian recreational property bought after the ban was announced in April 2022. Seventy percent of those surveyed had a Canadian spouse or enjoyed dual citizenship. The most popular reasons cited for purchasing Canadian properties were retirement, investment, and the exchange rate of the Canadian dollar, which currently trades at 74 cents to the US dollar. Read more HERE. ]]> 59544 0 0 0 https://landreport.com/2022/12/nuveen-acquires-australian-orchard/ Thu, 08 Dec 2022 06:00:22 +0000 https://landreport.com/?p=59546 Nuveen Natural Capital paid more than $70 million to acquire Macadamia Enterprises in Australia. The sellers, the Manera family, were represented by Mark Barber and Baden Lowrie of Elders Real Estate. The 850-acre property, located along the Queensland coast, includes 106,000 macadamia trees and a state-of-the-art nut-sorting facility. The sale also includes valuable water rights. According to Nuveen Investment Manager Martin Davies, the acquisition aligns with the company’s interest in increasing its permanent crop exposure in Australia. Nuveen’s current Australian portfolio includes 69 properties, with a total of nearly 907,000 acres of farmland, predominantly in Western Australia. Read more HERE. ]]> 59546 0 0 0 https://landreport.com/2022/12/farmland-partners-buys-texas-potato-farm/ Fri, 09 Dec 2022 06:00:50 +0000 https://landreport.com/?p=59548 Farmland Partners Inc. (FPI) paid $12.1 million for 3,843 acres of Texas farmland. Farmland Partners will continue renting the property to the current tenant, CSS Farms. Founded in 1986 as a potato farm, CCS Farms is a vertically integrated agricultural company with a presence in 10 states. FPI CEO Paul Pittman called the acquisition an important purchase for the company, expanding its portfolio into a key state. Agricultural land in Texas has averaged 5.7 percent in annual appreciation since 1970. Read more HERE. ]]> 59548 0 0 0 18475 https://accounts.binance.com/de-CH/register-person?ref=T7KCZASX 0 0 18498 https://accounts.binance.com/id/register-person?ref=10126709 0 0 18506 https://www.gate.io/tr/signup/XlQVXVo 0 0 https://landreport.com/2022/12/nuveen-adds-47751-acres-of-timberland/ Mon, 12 Dec 2022 06:00:00 +0000 https://landreport.com/?p=59550 Nuveen Natural Capital recently made its first acquisition of timberland in the Pacific Northwest. The firm purchased 47,751 acres from Green Cow in an off-market transaction. No financial terms were disclosed. The acquisition fulfills the company’s aim of providing investors with targeted exposure to sustainable timberland in core geographies. Chris Lipton, head of investments at Nuveen, said that the purchase “clearly demonstrates our depth of relationships in the timberland market and ability to deploy capital into sought-after investment geographies.” The new vehicle targets a net total return of 5 to 7 percent. Read more HERE. ]]> 59550 0 0 0 https://landreport.com/2022/12/sold-cloverdale-ranch/ Tue, 13 Dec 2022 06:00:36 +0000 https://landreport.com/?p=59552 A 6,300-acre ranch in Northern California sold for $16 million. Known as Cloverdale Ranch, the Midpeninsula Regional Open Space District acquired the property from the Peninsula Open Space Trust. Located in San Mateo County, the ranch includes 15 miles of streams and is home to diverse species of wildlife, including bobcats, mountain lions, badgers, steelhead trout, California red-legged frogs, and western pond turtles. More than half of the funding for the sale came from state-issued grants. Palo Alto-based Peninsula Open Space Trust purchased the property in 1997 in an attempt to limit development in the area. It will retain 400 acres, which will be leased for agricultural. Read more HERE. ]]> 59552 0 0 0 https://landreport.com/2022/12/grizzly-ranch-listed-for-29-million/ Wed, 14 Dec 2022 06:00:53 +0000 https://landreport.com/?p=59554 Northern Colorado's legendary Grizzly Ranch is on the market for $29 million. Robb Nelson with Hall and Hall has the listing. The 9,286-deeded-acre working ranch includes a 13,400-acre lease on adjacent BLM land. The listing includes the seller’s mineral rights, which net approximately $100,000 in royalty income per month. Located less than an hour from Steamboat Springs, the Grizzly Ranch has 16 miles of rivers and creeks with brown and rainbow trout. Wildlife ranges from moose and elk to deer and antelope. Structures include six modest homes, an event center, 33 livestock sheds, a calving barn, machine shops, and equipment sheds. Read more HERE. ]]> 59554 0 0 0 https://landreport.com/2022/12/land-report-december-2022-newsletter/ Thu, 15 Dec 2022 06:00:30 +0000 https://landreport.com/?p=59595 Our December Newsletter features:

• Sold! Boone Pickens's Mesa Vista Ranch
• 976-Acre Mississippi Farm Returns 11.4 Percent
• Dallas Star Patrick Duffy Lists Ranch for $14 Million
• Land Report Voices: Western Ranch Brokers

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 59595 0 0 0 https://landreport.com/2023/01/jimmy-john-liautaud/ Sun, 01 Jan 2023 06:00:34 +0000 https://landreport.com/?p=59613 Between his famous sandwiches and his colorful persona, you probably think you know Jimmy John. Maybe you’ve chomped one of the meaty creations that his eponymous empire has hand-sliced and delivered – “freaky fast” – to dorms, job sites, and dinner tables for 30-plus years. If not, surely you’ve seen the company’s breezy TV ads or passed by some of the 2,800 Jimmy John’s around the country.

Perhaps you’re even familiar with the sandwich king’s snappy banter, brash style, bold life, and big laugh.

But be careful to not confuse the brand with the man; the public face with the thoughtful, strategic entrepreneur who drove every decision at Jimmy John’s before he merged his final stake in the company into Inspire Brands a few years ago. Forbes estimates his worth at $1.7 billion.

[caption id="attachment_59667" align="aligncenter" width="1024"] MIXED USE Corn and beans predominate on Liautaud's farms, but hunting ground is also a priority.[/caption]

“Jimmy John is a character. I’m Jimmy Liautaud,” he told podcaster Theo Von in 2020. “I’m really Jimmy … it’s easy for me to separate.”

No doubt, Liautaud (pronounced LEE-ah-toe) is a force of nature who flashes a large grin and a regular-dude charm. He’s a throwback to the days of sweat, hustle, and unfiltered honesty. In 1983, the 19-year-old opened his first sandwich shop in a decrepit garage in a small Illinois college town. He pulled grueling shifts — think 8:00 a.m. to 2:00 a.m. — and did the dirty work — like cleaning toilets — while painstakingly building a national chain over the course of 35 years.

He’s long been the antithesis of a scripted CEO, often wearing flannel and jeans during interviews while seasoning his candid exchanges with, “Yeah, baby!” or four-letter repartee. On a business conference stage, he may drop a cheeky observation about Millennials.

He’s joked more than once about being “the first guy to ever get canceled.” He’s proclaimed: “I can tell it like it is. I don’t care.”

That bold transparency and good-natured swagger can captivate an audience. But give a longer listen to his conversations and you’ll hear a more revealing version of Liautaud – the deliberative, precise, fiscally conservative version. He can explain the fine points of franchise financing or the ecosystems of African savannas or the recipe for a great potato chip. He’s comfortable in the minutiae.

“I’m a micro guy,” he readily admitted to Franchise Times.

Every business decision he makes is calculated to a fraction of a penny. That’s a practice Liautaud adopted at Jimmy John’s to ensure he could repeat the same cost-effective procedures thousands of times across thousands of shops. Now, he is applying his prudent ways to farmland investments.

Liautaud owns more than 7,000 acres in Illinois, as well as additional acreage in Kansas and Wisconsin. Much of his land is in Central Illinois, some not far from Champaign, original home of Jimmy John’s corporate office and the city where Liautaud lived for years in a house overlooking the Champaign Country Club. Today, he divides his time between Nashville and Key Largo.

Liautaud farms corn and beans. He also grows wine grapes. And occasionally, he ventures onto his land to hunt – a passion Liautaud picked up decades ago during an Alaskan trip taken to clear his head after a divorce. Primarily a deer hunter, he has completed extensive prairie restoration to create excellent habitat for native pheasant and quail. But his hard focus is on Class A farmland and the prime soils that Illinois offers from Champaign to Springfield to Peoria.

Liautaud chose to dedicate some of his time and resources to farmland because he sees it as a safe investment that provides “a certain amount of return,” he told Crain’s Chicago Business. “It also had to provide a recreational hunting activity for myself and my family and the people I work with who enjoy hunting,” he said.

A bit of his farmland savvy can be traced to his tenure at Jimmy John’s. Every Wednesday, in the test kitchen at corporate headquarters, he sampled sandwiches and meats, cookies, and potato chips ... even the condiments.

He learned everything about every ingredient, such as how soybeans become soybean oil and, ultimately, mayo. He developed the ability to detect if any recipe element was missing or if a supplier had manipulated its product, colleagues say.

All those tastings and all that test food produced the menu. But Liautaud purposely kept that menu simple – one cheese, two bread doughs, five meats – to keep the customer experience consistent and to reduce costs across the company’s massive supply chain.

Along the way, he gained deeper understanding of agriculture and futures contracts, of cattle, turkeys, and hogs. And he then began applying those insights to the corn and beans he raised in Illinois. He fell in love with the ag game and with farmland.

“We’re very active farmers here, and we’re very actively acquiring more farms [in Illinois],” Liautaud told Champaign’s newspaper, The News-Gazette.

But he first became enticed by farmland investments two decades ago when Clint Atkins – a developer in Champaign and a personal friend – described the fairness of the farmers he encountered during many of his land dealings.

“Every time I work with a farmer, I like it because I can shake his hand and we know we’ve got a deal,” Atkins told Liautaud back then.

Atkins also shared bits of wisdom, such as what makes good soils and where those soils produce healthy crops in Illinois. Clint Atkins died in 2011. His son, Spencer, has remained friends with Liautaud for more than 20 years. Spencer knows the man well. He’s not surprised by Liautaud’s steady rise in business.

“Jimmy’s hard to miss,” says Atkins, CEO of The Atkins Group, a real estate development firm based in Urbana, Illinois. “He’s got a lot of personality and a sharp wit. He can really control a room. He’s got a huge, giving heart, but he doesn’t put up with mediocrity.”

In business, Liautaud can be a taskmaster, but he never forgets he’s working with other people, and he likes to know what’s truly important to those people, Atkins says. Liautaud carries enormous empathy and an innate capacity to understand human nature.

[caption id="attachment_59669" align="aligncenter" width="1024"] EYE ON THE PRIZE Behind the fun facade, it’s always been about the bottom line for this self-made entrepreneur.[/caption]

“To make people make a sandwich exactly the same way every single time – and put the love into that sandwich that they do – is extremely difficult,” Spencer Atkins says.

“Jimmy has the ability to get you to drink what we call ‘the Jimmy Juice,’ what we used to call ‘drinking the Kool-Aid,’” he adds. “He can tell you his vision, get you to buy in on that vision, and follow him on that vision. His team will do anything for him.”

As rags-to-riches stories go, Liautaud’s journey from ambitious teen to the Jimmy John to billionaire farmer is certainly unique. He enjoys sharing that vibrant tale during interviews.

The true crossroads of his life came after he finished high school in 1983 in Cary, Illinois. He graduated second to last in his class. College was out of reach.

His father, James, made him a deal. He offered Jimmy a $25,000 loan to start his own business. There was one catch: If Jimmy’s new enterprise was not profitable after one year, he would have to join the Army. Jimmy accepted the deal and the loan.

That summer, Liautaud researched sandwich shops, partly because he knew the loan would cover his two big investments: a refrigerator and a meat slicer. He learned bread baking and the art of the sandwich. He chose to launch his first Jimmy John’s in Charleston, home of Eastern Illinois University, where a few of his relatives were enrolled. He opened in a former garage near the bars where EIU students hit the town. His very first menu offered four sandwiches, each priced at two bucks, and 25¢ Cokes.

The little sandwich shop was a hit. Liautaud didn’t get much sleep, but that first year, he earned a profit of $40,000 on sales of $154,000. And that was just the start. Revenues kept rising, and the next year, he paid back his dad’s loan plus interest. By 1987, he opened two more shops in the college towns of Champaign and Macomb, Illinois.

In 1993, Liautaud made a strategic shift and started selling Jimmy John’s franchises. In that same year, he made his first million. Business success, he learned, followed a time-tested recipe: Keep costs down through a streamlined menu and never take on debt. That mindset was forged via some hard-earned wisdom from childhood.

[caption id="attachment_59671" align="alignleft" width="240"] FATHER AND SON James and Jimmy John in 2010.[/caption]

His father, James, was a Korean War veteran, a door-to-door encyclopedia salesman, and an engineer who pioneered a manufacturing technique called composite molding. James Liautaud later co-owned a plastics and electronics company based in Illinois. But he was forced to declare bankruptcy twice: when Jimmy was 8 and again when he was 12. To make ends meet, the family drank powdered milk, something Jimmy mentions to this day. James Liautaud passed away in 2015.

“Those bankruptcies scared me,” Jimmy readily admits. “I was poor, and I didn’t ever want to be poor again. So I was a real saver and still am. I’m very conservative. I only invest in things that I totally understand.”

That business blueprint, which would ultimately lead him to invest in farmland, helped fuel Liautaud’s sandwich company. As Jimmy John’s franchises sprouted up nationwide, the founder studied potential new locations, picked the best real estate for new shops, and figured out how many stores each market could sustain – all before modern software simplified those tasks.

He not only systemized each department, but he fostered a culture that focused on serving customers as well as franchisees. Speed, convenience, and service were always front of mind. By 2010, he opened his 1,000th franchise. Liautaud’s employees celebrated by giving the boss a giant bottle of superb wine. Liautaud was grateful, but he told them he wanted to save that big bottle for the day they hit 2,000 stores. The company reached that number in 2014, yet the bottle remains unopened.

[caption id="attachment_59672" align="alignright" width="300"] IN THE BEGINNING The very first Jimmy John’s in Charleston, Illinois.[/caption]

Liautaud prefers to think about what’s next, not about the milestones that mark past achievements.

Not long after Jimmy John’s opened its 2,000th store, Liautaud sold an estimated one-third stake in his company to Atlanta-based private equity firm Roark Capital. That 2016 deal was valued at $3 billion, according to Forbes. In 2019, he merged his remaining stake into Inspire Brands, an arm of Roark Capital.

“I got out of the day to day completely,” he said.

During that same span, he began investing in farmland, an asset he financially understands and personally enjoys. To Liautaud, his dirt feels like a secure haven for the money he toiled to earn and save. “I love the way it smells. I love that it never shows up late or calls in sick,” he says.

This mindset ties directly to another aspect of his money-management philosophy: “Money is hard to make and five times harder to hold on to.”

Nowadays, when he’s not at home in Tennessee or Florida, Liautaud can often be found on one of his farmland properties either discussing his crops or traversing acres of well-tended habitat that nurtures the plentiful deer, turkey, and pheasant.

At 58, his personality remains powerful, but he’s definitely found tranquility. “My resting heart rate when I wake up in the morning now is under 60. It was like 100,” he said recently. “The noise is gone, and the peace is here.”

All photography courtesy of Jimmy John Liautaud.

]]> 59613 0 0 0 AT EASE After decades in the fast lane, Liautaud is thriving at a more relaxed pace.]]> Don’t be fooled by his larger-than-life persona. JIMMY JOHN LIAUTAUD made his fortune the old-fashioned way: one sandwich at a time.

]]> AT EASE After decades in the fast lane, Liautaud is thriving at a more relaxed pace.]]> Between his famous sandwiches and his colorful persona, you probably think you know Jimmy John. Maybe you\u2019ve chomped one of the meaty creations that his eponymous empire has hand-sliced and delivered \u2013 \u201cfreaky fast\u201d \u2013 to dorms, job sites, and dinner tables for 30-plus years. If not, surely you\u2019ve seen the company\u2019s breezy TV ads or passed by some of the 2,800 Jimmy John\u2019s around the country.<\/p>

Perhaps you\u2019re even familiar with the sandwich king\u2019s snappy banter, brash style, bold life, and big laugh.<\/p>

But be careful to not confuse the brand with the man; the public face with the thoughtful, strategic entrepreneur who drove every decision at Jimmy John\u2019s before he merged his final stake in the company into Inspire Brands a few years ago. Forbes<\/em> estimates his worth at $1.7 billion.<\/p>[caption id=\"attachment_59667\" align=\"aligncenter\" width=\"1024\"]<\/a> MIXED USE<\/b> Corn and beans predominate on Liautaud's farms, but hunting ground is also a priority.[\/caption]

\u201cJimmy John is a character. I\u2019m Jimmy Liautaud,\u201d he told podcaster Theo Von in 2020. \u201cI\u2019m really Jimmy \u2026 it\u2019s easy for me to separate.\u201d<\/p>

No doubt, Liautaud (pronounced LEE-ah-toe) is a force of nature who flashes a large grin and a regular-dude charm. He\u2019s a throwback to the days of sweat, hustle, and unfiltered honesty. In 1983, the 19-year-old opened his first sandwich shop in a decrepit garage in a small Illinois college town. He pulled grueling shifts \u2014 think 8:00 a.m. to 2:00 a.m. \u2014 and did the dirty work \u2014 like cleaning toilets \u2014 while painstakingly building a national chain over the course of 35 years.<\/p>

He\u2019s long been the antithesis of a scripted CEO, often wearing flannel and jeans during interviews while seasoning his candid exchanges with, \u201cYeah, baby!\u201d or four-letter repartee. On a business conference stage, he may drop a cheeky observation about Millennials.<\/p>

He\u2019s joked more than once about being \u201cthe first guy to ever get canceled.\u201d He\u2019s proclaimed: \u201cI can tell it like it is. I don\u2019t care.\u201d<\/p>

That bold transparency and good-natured swagger can captivate an audience. But give a longer listen to his conversations and you\u2019ll hear a more revealing version of Liautaud \u2013 the deliberative, precise, fiscally conservative version. He can explain the fine points of franchise financing or the ecosystems of African savannas or the recipe for a great potato chip. He\u2019s comfortable in the minutiae.<\/p>

\u201cI\u2019m a micro guy,\u201d he readily admitted to Franchise Times<\/em>.<\/p>

Every business decision he makes is calculated to a fraction of a penny. That\u2019s a practice Liautaud adopted at Jimmy John\u2019s to ensure he could repeat the same cost-effective procedures thousands of times across thousands of shops. Now, he is applying his prudent ways to farmland investments.<\/p>

Liautaud owns more than 7,000 acres in Illinois, as well as additional acreage in Kansas and Wisconsin. Much of his land is in Central Illinois, some not far from Champaign, original home of Jimmy John\u2019s corporate office and the city where Liautaud lived for years in a house overlooking the Champaign Country Club. Today, he divides his time between Nashville and Key Largo.<\/p>

Liautaud farms corn and beans. He also grows wine grapes. And occasionally, he ventures onto his land to hunt \u2013 a passion Liautaud picked up decades ago during an Alaskan trip taken to clear his head after a divorce. Primarily a deer hunter, he has completed extensive prairie restoration to create excellent habitat for native pheasant and quail. But his hard focus is on Class A farmland and the prime soils that Illinois offers from Champaign to Springfield to Peoria.<\/p>

Liautaud chose to dedicate some of his time and resources to farmland because he sees it as a safe investment that provides \u201ca certain amount of return,\u201d he told Crain\u2019s Chicago Business<\/em>. \u201cIt also had to provide a recreational hunting activity for myself and my family and the people I work with who enjoy hunting,\u201d he said.<\/p>

A bit of his farmland savvy can be traced to his tenure at Jimmy John\u2019s. Every Wednesday, in the test kitchen at corporate headquarters, he sampled sandwiches and meats, cookies, and potato chips ... even the condiments.<\/p>

He learned everything about every ingredient, such as how soybeans become soybean oil and, ultimately, mayo. He developed the ability to detect if any recipe element was missing or if a supplier had manipulated its product, colleagues say.<\/p>

All those tastings and all that test food produced the menu. But Liautaud purposely kept that menu simple \u2013 one cheese, two bread doughs, five meats \u2013 to keep the customer experience consistent and to reduce costs across the company\u2019s massive supply chain.<\/p>

Along the way, he gained deeper understanding of agriculture and futures contracts, of cattle, turkeys, and hogs. And he then began applying those insights to the corn and beans he raised in Illinois. He fell in love with the ag game and with farmland.<\/p>

\u201cWe\u2019re very active farmers here, and we\u2019re very actively acquiring more farms [in Illinois],\u201d Liautaud told Champaign\u2019s newspaper, The News-Gazette<\/em>.<\/p>

But he first became enticed by farmland investments two decades ago when Clint Atkins \u2013 a developer in Champaign and a personal friend \u2013 described the fairness of the farmers he encountered during many of his land dealings.<\/p>

\u201cEvery time I work with a farmer, I like it because I can shake his hand and we know we\u2019ve got a deal,\u201d Atkins told Liautaud back then.<\/p>

Atkins also shared bits of wisdom, such as what makes good soils and where those soils produce healthy crops in Illinois. Clint Atkins died in 2011. His son, Spencer, has remained friends with Liautaud for more than 20 years. Spencer knows the man well. He\u2019s not surprised by Liautaud\u2019s steady rise in business.<\/p>

\u201cJimmy\u2019s hard to miss,\u201d says Atkins, CEO of The Atkins Group, a real estate development firm based in Urbana, Illinois. \u201cHe\u2019s got a lot of personality and a sharp wit. He can really control a room. He\u2019s got a huge, giving heart, but he doesn\u2019t put up with mediocrity.\u201d<\/p>

In business, Liautaud can be a taskmaster, but he never forgets he\u2019s working with other people, and he likes to know what\u2019s truly important to those people, Atkins says. Liautaud carries enormous empathy and an innate capacity to understand human nature.<\/p>[caption id=\"attachment_59669\" align=\"aligncenter\" width=\"1024\"] EYE ON THE PRIZE<\/b> Behind the fun facade, it\u2019s always been about the bottom line for this self-made entrepreneur.[\/caption]

\u201cTo make people make a sandwich exactly the same way every single time \u2013 and put the love into that sandwich that they do \u2013 is extremely difficult,\u201d Spencer Atkins says.<\/p>

\u201cJimmy has the ability to get you to drink what we call \u2018the Jimmy Juice,\u2019 what we used to call \u2018drinking the Kool-Aid,\u2019\u201d he adds. \u201cHe can tell you his vision, get you to buy in on that vision, and follow him on that vision. His team will do anything for him.\u201d<\/p>

As rags-to-riches stories go, Liautaud\u2019s journey from ambitious teen to the Jimmy John to billionaire farmer is certainly unique. He enjoys sharing that vibrant tale during interviews.<\/p>

The true crossroads of his life came after he finished high school in 1983 in Cary, Illinois. He graduated second to last in his class. College was out of reach.<\/p>

His father, James, made him a deal. He offered Jimmy a $25,000 loan to start his own business. There was one catch: If Jimmy\u2019s new enterprise was not profitable after one year, he would have to join the Army. Jimmy accepted the deal and the loan.<\/p>

That summer, Liautaud researched sandwich shops, partly because he knew the loan would cover his two big investments: a refrigerator and a meat slicer. He learned bread baking and the art of the sandwich. He chose to launch his first Jimmy John\u2019s in Charleston, home of Eastern Illinois University, where a few of his relatives were enrolled. He opened in a former garage near the bars where EIU students hit the town. His very first menu offered four sandwiches, each priced at two bucks, and 25\u00a2 Cokes.<\/p>

The little sandwich shop was a hit. Liautaud didn\u2019t get much sleep, but that first year, he earned a profit of $40,000 on sales of $154,000. And that was just the start. Revenues kept rising, and the next year, he paid back his dad\u2019s loan plus interest. By 1987, he opened two more shops in the college towns of Champaign and Macomb, Illinois.<\/p>

In 1993, Liautaud made a strategic shift and started selling Jimmy John\u2019s franchises. In that same year, he made his first million. Business success, he learned, followed a time-tested recipe: Keep costs down through a streamlined menu and never take on debt. That mindset was forged via some hard-earned wisdom from childhood.<\/p>[caption id=\"attachment_59671\" align=\"alignleft\" width=\"240\"] FATHER AND SON<\/b> James and Jimmy John in 2010.[\/caption]

His father, James, was a Korean War veteran, a door-to-door encyclopedia salesman, and an engineer who pioneered a manufacturing technique called composite molding. James Liautaud later co-owned a plastics and electronics company based in Illinois. But he was forced to declare bankruptcy twice: when Jimmy was 8 and again when he was 12. To make ends meet, the family drank powdered milk, something Jimmy mentions to this day. James Liautaud passed away in 2015.<\/p>

\u201cThose bankruptcies scared me,\u201d Jimmy readily admits. \u201cI was poor, and I didn\u2019t ever want to be poor again. So I was a real saver and still am. I\u2019m very conservative. I only invest in things that I totally understand.\u201d<\/p>

That business blueprint, which would ultimately lead him to invest in farmland, helped fuel Liautaud\u2019s sandwich company. As Jimmy John\u2019s franchises sprouted up nationwide, the founder studied potential new locations, picked the best real estate for new shops, and figured out how many stores each market could sustain \u2013 all before modern software simplified those tasks.<\/p>

He not only systemized each department, but he fostered a culture that focused on serving customers as well as franchisees. Speed, convenience, and service were always front of mind. By 2010, he opened his 1,000th franchise. Liautaud\u2019s employees celebrated by giving the boss a giant bottle of superb wine. Liautaud was grateful, but he told them he wanted to save that big bottle for the day they hit 2,000 stores. The company reached that number in 2014, yet the bottle remains unopened.<\/p>[caption id=\"attachment_59672\" align=\"alignright\" width=\"300\"] IN THE BEGINNING<\/b> The very first Jimmy John\u2019s in Charleston, Illinois.[\/caption]

Liautaud prefers to think about what\u2019s next, not about the milestones that mark past achievements.<\/p>

Not long after Jimmy John\u2019s opened its 2,000th store, Liautaud sold an estimated one-third stake in his company to Atlanta-based private equity firm Roark Capital. That 2016 deal was valued at $3 billion, according to Forbes<\/em>. In 2019, he merged his remaining stake into Inspire Brands, an arm of Roark Capital.<\/p>

\u201cI got out of the day to day completely,\u201d he said.<\/p>

During that same span, he began investing in farmland, an asset he financially understands and personally enjoys. To Liautaud, his dirt feels like a secure haven for the money he toiled to earn and save. \u201cI love the way it smells. I love that it never shows up late or calls in sick,\u201d he says.<\/p>

This mindset ties directly to another aspect of his money-management philosophy: \u201cMoney is hard to make and five times harder to hold on to.\u201d<\/p>

Nowadays, when he\u2019s not at home in Tennessee or Florida, Liautaud can often be found on one of his farmland properties either discussing his crops or traversing acres of well-tended habitat that nurtures the plentiful deer, turkey, and pheasant.<\/p>

At 58, his personality remains powerful, but he\u2019s definitely found tranquility. \u201cMy resting heart rate when I wake up in the morning now is under 60. It was like 100,\u201d he said recently. \u201cThe noise is gone, and the peace is here.\u201d <\/p>

All photography courtesy of Jimmy John Liautaud.<\/em><\/p>","drop_cap":"yes","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd47cd5"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> 18478 https://www.binance.com/ro/register?ref=OMM3XK51 0 0 https://landreport.com/2023/01/wyomings-little-creek-ranch-preserved/ Tue, 03 Jan 2023 06:00:33 +0000 https://landreport.com/?p=59616 Joe Kaspar partnered with the Wyoming Stock Growers Land Trust (WSLT) to conserve his 1,019-acre Little Creek Ranch in Carbon County. Located west of Saratoga near the Sierra Madres, the property served as fall and winter pasture for a neighboring cattle ranch. Kaspar donated the conservation easement and received financial support from the Wyoming Wildlife and Natural Resources Trust and the Knobloch Family Foundation. The easement will ensure the survival of dense pockets of spruce and aspen and fields of short grass and sagebrush. As a Wyoming native who has witnessed an acceleration of subdivision and development, Kaspar felt it was “incredibly important to preserve the open space we have.” To date, WSLT has protected a total of 296,380 acres. Read more HERE. ]]> 59616 0 0 0 https://landreport.com/2023/01/organic-farmland-fund-notches-record-year/ Wed, 04 Jan 2023 06:00:15 +0000 https://landreport.com/?p=59618 Farmland LP reported record revenues in 2022, and the fund’s farmland portfolio and managed capital also reached new highs. To date, Farmland LP, the largest US-based, organic-focused farmland fund, has raised roughly $165 million in capital to transition conventional farmland to organic and regeneratively managed practices. The fund currently owns or manages more than 15,000 acres of farmland in Washington, Oregon, and California, including roughly 600 acres dedicated to organic blueberry production. “The past year was a time of significant accomplishments for Farmland LP,” said CEO Craig Wichner. “We see this strong momentum continuing into 2023, fueled by surging consumer demand for organic and regeneratively farmed food.” To capitalize on expanding interest in sustainable investments, Farmland LP expects to open a third fund campaign early this year. Read more HERE. ]]> 59618 0 0 0 https://landreport.com/2023/01/south-dakota-ranch-nets-record-high-price/ Thu, 05 Jan 2023 06:00:08 +0000 https://landreport.com/?p=59620 A 50,000-acre ranch in Western South Dakota recently sold for $37 million — the highest price of any ranch sold in the state. Robb Nelson of Hall and Hall listed the property, known as Bismarck Ranch, for owner Neal Wanless, who purchased it in 2009 with a portion of his $232 million Powerball winnings. Kansas-based J-Six South Dakota Land Holdings, headed by Daniel E. Gerety II, acquired the property. The ranch includes 42,000 deeded acres, 4,000 grazing acres leased from the Bureau of Land Management, and another 1,600 acres leased from the state. The $37 million sales price more than doubles Wanless’s purchase price for the property. It also bests the previous high sales price for a South Dakota ranch by $4.6 million. Previously, that record had been held by the $32.4-million Triple U Ranch, famously featured in the Academy Award-winning film Dances with Wolves. Read more HERE. ]]> 59620 0 0 0 https://landreport.com/2023/01/rhode-island-preserves-575-acres/ Fri, 06 Jan 2023 06:00:49 +0000 https://landreport.com/?p=59622 Rhode Island has permanently protected 575 acres of land worth $9.59 million. The protected lands were purchased by leveraging $3.58 million in voter-approved bond funds with grant support from federal and local partners. The conserved lands will be protected by Rhode Island’s State Land Conservation Program, its Agricultural Land Preservation Commission, and its Open Space Grant Program. “Investments in open space and working farmland protect historic and locally significant lands, enhance our communities, and strengthen the state’s climate resilience,” said Terry Gray, director of Rhode Island’s Department of Environmental Management. Since 1985, Rhode Island’s State Land Conservation Program has protected more than 20,000 acres. Passage of legislation dubbed the Rhode Island Green Bond in 2022 means the state will have an additional $5 million to further land conservation efforts. Read more HERE. ]]> 59622 0 0 0 https://landreport.com/2022/12/iowa-farmland-jumps-17-percent/ Fri, 16 Dec 2022 06:00:05 +0000 https://landreport.com/?p=59658 Iowa State University Land Value Survey. The $11,411 figure is the highest-ever statewide average since data collection began in the 1940s and was supported by high commodity prices, limited land supply, stronger-than-expected crop yields, a good farm economy, and ample cash reserves on the farm. Every district in Iowa reported increases in land values with the Northwest District and the Southwest District leading the state with 20 percent growth or better. First produced in 1950, the Iowa State University Land Value Survey is the lone data source providing a county-level land value estimate for each of Iowa's 99 counties. The 2022 survey was prepared by Associate Professor and Extension Economist Wendong Zhang. Read more HERE. ]]> 59658 0 0 0 https://landreport.com/2023/01/farmers-stoke-corn-belt-land-prices/ Mon, 09 Jan 2023 06:00:49 +0000 https://landreport.com/?p=59699 Farmers National Company. "What we are seeing is a true supply-demand scenario. There are simply more buyers willing to bid on the limited amount of land coming to the market," said Paul Schadegg, senior vice president of real estate operations for Farmers National Company. Schadegg cited strong prices for corn and soybeans as leading drivers stoking demand. “The commodity markets are, without a doubt, the main driver in the land market in general,” he added. Founded in 1929, Farmers National Company posted record sales of $766 million in 2022. For a breakdown of land values by state, read more HERE. ]]> 59699 0 0 0 https://landreport.com/2023/01/rancho-sisquoc-winery/ Sun, 01 Jan 2023 07:00:28 +0000 https://landreport.com/?p=59709 Fifty years ago, Rancho Sisquoc owner James Flood and his ranch manager Harold Pfeiffer made the decision to plant grapevines on the ranch. It was a bold move. They were among the very first to plant grapes in the Santa Barbara area. But Flood had noticed that the area’s climate and soil compared favorably with the renowned growing regions of Napa and Sonoma.

“My understanding in reading Harold Pfeiffer’s report and hearing the stories growing up,” says James’s eldest daughter, Judy Flood Wilbur, “was that Harold was told to always feel free to try different crops to see what might work. When the orange grove failed because of frost and the rising costs of labor, Harold suggested that Daddy plant grapes. As a result, we were the first, or one of the first, in the valley to plant grapes.

[caption id="attachment_59739" align="aligncenter" width="1024"] DEEP ROOTS Rancho Sisquoc Winery currently has more than 300 acres under vine and produces between 10,000 and 20,000 cases annually.[/caption]

“Daddy [later] helped Steve Miller, the owner of Bien Nacido Vineyards in the Santa Maria Valley, with his first vineyard.” The move proved fortuitous, explains Matthew Dennis Kettman in Vines & Vision: The Winemakers of Santa Barbara County. “The glories of growing wine grapes in the Santa Maria Valley are well documented: With a wide mouth opening onto the cool Pacific, it stays quite cool in all seasons with huge diurnal shifts in temperature, allowing grapes to ripen over a long season while retaining acidity. Rancho Sisquoc enjoys similar qualities, but because it is so far up the valley, it also gets more warm sunshine.”

[caption id="attachment_59736" align="alignleft" width="200"] PREMIERE The first Rancho Sisquoc wines were bottled in 1972 under the private reserve label of James Flood, featuring the “F” brand.[/caption]

In 1968, Harold Pfeiffer and James Flood decided to plant test plots of Reisling, Chardonnay, and Cabernet Sauvignon vines, the success of which led them to plant 100 acres of vines. They started a nursery in 1969, then planted 29 acres in 1970, 48 acres in 1971, and 28 acres in 1972. In 1974, 87 acres were planted, followed by 18 more in 1981.

The first Rancho Sisquoc wines were bottled in 1972 under the private reserve label of James Flood with the “F” brand on the label. Five years later, the winery was bonded, and the first commercial wines were released under the Rancho Sisquoc label. Harold Pfeiffer crushed the first Cabernet Sauvignon, using only estate-grown grapes, with a baseball bat and a trash can.

In 1977, he recalled in his notes, “We had three dairy tanks and a wooden tank for fermenting. We also had one small press and a hand corker.” In the early years, wines produced were Cabernet, Riesling, and Rosé of Cabernet. Pfeiffer had a funny story about the Rosé.

“In 1980, David Champion was winemaker. He let the Rosé of Cabernet go completely dry. In desperation, we blended some Johannesburg Riesling into it to add a little sweetness. We won our first gold medal with this wine.” Other winemakers included Stephan Bedford, who for more than a decade was instrumental in raising the profile of Sisquoc wines in the early years; Stephan is now proprietor of Bedford Winery.

[caption id="attachment_59743" align="alignright" width="207"] TASTING MENU Varietals grown on the ranch range from mainstays such as Cabernet Sauvignon and Merlot to lesser-known favorites such as Cabernet Franc and Sylvaner.[/caption]

By the 1990s, approximately 10,000 acres throughout Santa Barbara County had been planted with grapes. The vintners were just starting to understand the unique characteristics of the region, shaped largely by the fact that the valleys run east to west rather than north to south, in contrast to the rest of the West Coast. Since the initial planting in the late 1960s of nine acres of Johannesburg Reisling and 40 acres of Cabernet Sauvignon, Rancho Sisquoc Winery now has more than 300 acres under cultivation in two vineyards: the 200-acre Flood Vineyard, planted in 1999, and the 100-acre McMurray Vineyard, planted in 2000. A new production facility was built in 1994, while several buildings have since been added for wine production and sales. These support the production of anywhere from 10,000 to 20,000 cases per year. While the Santa Maria Valley is known for Pinot Noir and Chardonnay, the Sisquoc vineyards bottle varieties like Sylvaner (produced in only one other California vineyard) and all five varieties of Bordeaux. Sarah Holt Mullins was raised on Rancho Sisquoc. Her father, Ed Holt, worked at the ranch for 41 years. He was made vineyard manager in 1987, then served as overall manager of the ranch until 2018.

In 2014, Sarah became Rancho Sisquoc’s winemaker. When interviewed for Kettmann’s book Vines & Vision: The Winemakers of Santa Barbara County, she said, “I’m trying to make wine that showcases this ranch. We’re tucked way back out there, and I just want to bring our wines to the forefront.”
In 2019, Sarah Holt moved to Ohio, at which time the assistant winemaker, Steve (“Smitty”) Smith — who grew up nearby and had been at the ranch since 2008 — became head winemaker.

[caption id="attachment_59737" align="alignright" width="230"] CELEBRATING 70 YEARS The Flood family commissioned this compelling history of their historic holding. Former California governor Jerry Brown and Stephen Hearst penned forewords.[/caption]

Other longtime winery staff included Francisco (Juan) Gutierrez, who was hired on to Rancho Sisquoc as an irrigator in 1976. He originally came to California from Mexico and taught himself English by watching television. By 1978 Juan was working in the vineyard, and in 1986, he was named vineyard foreman, a position he held until his retirement in 2017.

Rancho Sisquoc sells most of its grapes to other producers but saves 40 acres’ worth of the most special fruit for its 16 varieties of wines, many of which regularly receive scores of 88 to 91 points by Wine Enthusiast and Wine Spectator. Sisquoc’s estate wines have won multiple awards at various events, including the 2016 California State Fair, where they took home a gold and four silvers. More recently, the 2016 Pinot Noir and Syrah both received gold medals and scored 92 points in the 2019 Sunset International Wine Competition. In the 2020 San Francisco Chronicle Wine Competition, Sisquoc wines were awarded Best of Class for the 2017 Cabernet Franc, Double Gold for 2017 Cabernet Sauvignon, plus an additional three golds, four silvers, and two bronze medals.

]]> 59709 0 0 0 EARLY ADOPTER Rancho Sisquoc was among the first to plant wine grapes in the Santa Maria Valley.]]> An exclusive excerpt from Rancho Sisquoc: Enduring Legacy of An Historic Land Grant Ranch.

]]> Fifty years ago, Rancho Sisquoc<\/a><\/strong> owner James Flood and his ranch manager Harold Pfeiffer made the decision to plant grapevines on the ranch. It was a bold move. They were among the very first to plant grapes in the Santa Barbara area. But Flood had noticed that the area\u2019s climate and soil compared favorably with the renowned growing regions of Napa and Sonoma.<\/p>

\u201cMy understanding in reading Harold Pfeiffer\u2019s report and hearing the stories growing up,\u201d says James\u2019s eldest daughter, Judy Flood Wilbur, \u201cwas that Harold was told to always feel free to try different crops to see what might work. When the orange grove failed because of frost and the rising costs of labor, Harold suggested that Daddy plant grapes. As a result, we were the first, or one of the first, in the valley to plant grapes.<\/p>[caption id=\"attachment_59739\" align=\"aligncenter\" width=\"1024\"]<\/a> DEEP ROOTS<\/b> Rancho Sisquoc Winery currently has more than 300 acres under vine and produces between 10,000 and 20,000 cases annually.[\/caption]

\u201cDaddy [later] helped Steve Miller, the owner of Bien Nacido Vineyards in the Santa Maria Valley, with his first vineyard.\u201d The move proved fortuitous, explains Matthew Dennis Kettman in Vines & Vision: The Winemakers of Santa Barbara County<\/em>. \u201cThe glories of growing wine grapes in the Santa Maria Valley are well documented: With a wide mouth opening onto the cool Pacific, it stays quite cool in all seasons with huge diurnal shifts in temperature, allowing grapes to ripen over a long season while retaining acidity. Rancho Sisquoc enjoys similar qualities, but because it is so far up the valley, it also gets more warm sunshine.\u201d<\/p>[caption id=\"attachment_59736\" align=\"alignleft\" width=\"200\"] PREMIERE<\/b> The first Rancho Sisquoc wines were bottled in 1972 under the private reserve label of James Flood, featuring the \u201cF\u201d brand.[\/caption]

In 1968, Harold Pfeiffer and James Flood decided to plant test plots of Reisling, Chardonnay, and Cabernet Sauvignon vines, the success of which led them to plant 100 acres of vines. They started a nursery in 1969, then planted 29 acres in 1970, 48 acres in 1971, and 28 acres in 1972. In 1974, 87 acres were planted, followed by 18 more in 1981.<\/p>

The first Rancho Sisquoc wines were bottled in 1972 under the private reserve label of James Flood with the \u201cF\u201d brand on the label. Five years later, the winery was bonded, and the first commercial wines were released under the Rancho Sisquoc label. Harold Pfeiffer crushed the first Cabernet Sauvignon, using only estate-grown grapes, with a baseball bat and a trash can.<\/p>

In 1977, he recalled in his notes, \u201cWe had three dairy tanks and a wooden tank for fermenting. We also had one small press and a hand corker.\u201d In the early years, wines produced were Cabernet, Riesling, and Ros\u00e9 of Cabernet. Pfeiffer had a funny story about the Ros\u00e9.<\/p>

\u201cIn 1980, David Champion was winemaker. He let the Ros\u00e9 of Cabernet go completely dry. In desperation, we blended some Johannesburg Riesling into it to add a little sweetness. We won our first gold medal with this wine.\u201d Other winemakers included Stephan Bedford, who for more than a decade was instrumental in raising the profile of Sisquoc wines in the early years; Stephan is now proprietor of Bedford Winery.<\/p>[caption id=\"attachment_59743\" align=\"alignright\" width=\"207\"]<\/a> TASTING MENU<\/b> Varietals grown on the ranch range from mainstays such as Cabernet Sauvignon and Merlot to lesser-known favorites such as Cabernet Franc and Sylvaner.[\/caption]

By the 1990s, approximately 10,000 acres throughout Santa Barbara County had been planted with grapes. The vintners were just starting to understand the unique characteristics of the region, shaped largely by the fact that the valleys run east to west rather than north to south, in contrast to the rest of the West Coast. Since the initial planting in the late 1960s of nine acres of Johannesburg Reisling and 40 acres of Cabernet Sauvignon, Rancho Sisquoc Winery now has more than 300 acres under cultivation in two vineyards: the 200-acre Flood Vineyard, planted in 1999, and the 100-acre McMurray Vineyard, planted in 2000. A new production facility was built in 1994, while several buildings have since been added for wine production and sales. These support the production of anywhere from 10,000 to 20,000 cases per year. While the Santa Maria Valley is known for Pinot Noir and Chardonnay, the Sisquoc vineyards bottle varieties like Sylvaner (produced in only one other California vineyard) and all five varieties of Bordeaux. Sarah Holt Mullins was raised on Rancho Sisquoc. Her father, Ed Holt, worked at the ranch for 41 years. He was made vineyard manager in 1987, then served as overall manager of the ranch until 2018.<\/p>

In 2014, Sarah became Rancho Sisquoc\u2019s winemaker. When interviewed for Kettmann\u2019s book Vines & Vision: The Winemakers of Santa Barbara County<\/em>, she said, \u201cI\u2019m trying to make wine that showcases this ranch. We\u2019re tucked way back out there, and I just want to bring our wines to the forefront.\u201d
In 2019, Sarah Holt moved to Ohio, at which time the assistant winemaker, Steve (\u201cSmitty\u201d) Smith \u2014 who grew up nearby and had been at the ranch since 2008 \u2014 became head winemaker.<\/p>

<\/a><\/p>[caption id=\"attachment_59737\" align=\"alignright\" width=\"230\"]<\/a> CELEBRATING 70 YEARS<\/b> The Flood family commissioned this compelling history of their historic holding. Former California governor Jerry Brown and Stephen Hearst penned forewords.[\/caption]

Other longtime winery staff included Francisco (Juan) Gutierrez, who was hired on to Rancho Sisquoc as an irrigator in 1976. He originally came to California from Mexico and taught himself English by watching television. By 1978 Juan was working in the vineyard, and in 1986, he was named vineyard foreman, a position he held until his retirement in 2017.<\/p>

Rancho Sisquoc sells most of its grapes to other producers but saves 40 acres\u2019 worth of the most special fruit for its 16 varieties of wines, many of which regularly receive scores of 88 to 91 points by Wine Enthusias<\/em>t and Wine Spectator<\/em>. Sisquoc\u2019s estate wines have won multiple awards at various events, including the 2016 California State Fair, where they took home a gold and four silvers. More recently, the 2016 Pinot Noir and Syrah both received gold medals and scored 92 points in the 2019 Sunset International Wine Competition. In the 2020 San Francisco Chronicle Wine Competition, Sisquoc wines were awarded Best of Class for the 2017 Cabernet Franc, Double Gold for 2017 Cabernet Sauvignon, plus an additional three golds, four silvers, and two bronze medals. <\/p>","drop_cap":"yes","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"5bbf35d"}],"typography_typography":"custom","drop_cap_typography_typography":"custom","drop_cap_typography_font_family":"Overpass","drop_cap_typography_font_weight":"900"},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2023/01/farm-team/ Tue, 10 Jan 2023 06:00:09 +0000 https://landreport.com/?p=59711 Front Office Sports on January 9. The purchase was spearheaded by Patricof Co., which identifies investment opportunities for professional athletes. Founded by Mark Patricof, Patricof Co. is a private investment platform that services a select group of athletes and sports professionals. The company is backed by J.P. Morgan Private Equity Group. Patricof told Front Office Sports the group intends to acquire four additional farms within the next few years. Read more HERE. ]]> 59711 0 0 0 https://landreport.com/2023/01/farmland-security-act-becomes-law/ Wed, 11 Jan 2023 06:00:54 +0000 https://landreport.com/?p=59795 On December 29, the Farmland Security Act of 2022 was signed into law as part of the omnibus spending bill passed by Congress. Cosponsored by Senators Tammy Baldwin and Chuck Grassley, the bipartisan legislation requires the creation of an interactive public database whose focus is foreign ownership of US farmland. The Farmland Security Act further amplifies the Agricultural Foreign Investment Disclosure Act, which was sponsored by then-Representative Grassley. Enacted in 1978, the Disclosure Act requires foreign nationals to report US farm holdings to the USDA. Read more HERE. ]]> 59795 0 0 0 https://landreport.com/2023/01/nature-conservancy-protects-shohola-watershed/ Thu, 12 Jan 2023 06:00:09 +0000 https://landreport.com/?p=59797 The Nature Conservancy (TNC) recently purchased 1,071 acres in Eastern Pennsylvania for $4 million ($3,735 per acre). The forested acreage connects two tracts owned by the state — 11,400-acre State Game Land 180 to the south and 3,024-acre State Game Land 116 to the north — and was immediately transferred to the Pennsylvania Game Commission for addition to State Game Land 180. The property provides important habitat for several plant and animal species, and it includes more than a mile of frontage on Shohola Creek and six tributary streams. “This parcel creates a critical link between two forested tracts of protected land that will help maintain migratory corridors and safeguard biodiversity here in the Central Appalachians,” said Lori Brennan, TNC executive director in Pennsylvania and Delaware. Read more HERE. ]]> 59797 0 0 0 https://landreport.com/2023/01/wanted-texas-ranch-manager/ Fri, 13 Jan 2023 06:00:34 +0000 https://landreport.com/?p=59799 The King Ranch Institute for Ranch Management (KRIRM) at Texas A&M-Kingsville is looking for a ranch operations manager to run the H.R. Smith Ranch in Atascosa County, Texas. The 7,800-acre working ranch was recently gifted to the Texas A&M University-Kingsville Foundation and is a self-sustaining entity that will carry 330 cows at full capacity. The South Texas property also has a wildlife component. The operations manager will live on the ranch and oversee business operations. Essential duties  include providing overall leadership for the ranch, collaboration on strategic direction of ranching operations, and the development and maintenance of a management system. Interested applicants can learn more HERE. ]]> 59799 0 0 0 https://landreport.com/2023/01/2023-farmland-forecast/ Mon, 23 Jan 2023 00:00:58 +0000 https://landreport.com/?p=59826 2023 Land Investment Expo breakout session — aptly titled “Agriculture Looking Forward” — Farm Credit Services of America Senior Vice President Jim Knuth offered insights to help buffer potential market downturns that could define 2023.

US Grain Production: What Comes Next?

In 2023 and beyond, US grain producers will be “navigating the road from the peak,” Knuth said. That’s because, in his view, 2022 represented the apex of “the third supercycle of modern US grain production,” following previous peaks in the late 1970s and the ethanol-driven boom of the early 2000s. Overall US net farm income reached all-time highs in the last two years, capping at $140 billion in 2021 and $148 billion in 2022. These record returns were spurred largely by grain profits and an influx of federal payment supports totaling $26 billion and $13 billion, respectively, during the last two growing seasons. “If you were planting corn or soybeans in the last two years, your returns have been $500 to $700 an acre — our best, largest-ever margins per acre,” Knuth said. “The question mark, the unknown, going forward, is how steep or how gradual the road downward from those peak returns will be.”

A Margin Squeeze Is Coming

The booming commodities market has flushed unprecedented levels of working capital into the US agriculture market. “Grain production agriculture is on very solid financial footing,” Knuth said, noting that 25 percent of the producers in Farm Credit Services’ current portfolio currently have no need to borrow assets to put their crops in. They’re operating entirely on cash. While recent ag markets have been shaped by this unprecedented liquidity — and therefore higher short-term risk-taking thresholds — Knuth believes a “margin squeeze” is coming in 2023. Nonetheless, there’s good news for grain farmers: profits are still attainable. “I want to make clear that we believe the coming year will [still] be very profitable for grain production agriculture,” Knuth clarified. “But we will — more than likely — not enjoy those record-margins [of 2021 and 2022], and costs and other issues will start to squeeze our margins.” The session made it clear farmers should brace for market shifts that may be on the horizon. “I’d say 2023 is good time to have both hands on the wheel,” Knuth said. “Our margin of error is going to be narrower, and it’s going to take good financial planning, good business acumen, and probably proactive marketing” to maximize profitability.

Financing Trends in US Agriculture

With rising interest rates, loan institutions are now unable to finance as much debt per acre as they had previously. Lenders might have felt comfortable financing $5,000 in debt or more per acre when prime interest rates were below 5 percent. But now that the current prime rate is hovering around 7.5 percent, that figure is more likely to be less than $4,000 per acre, Knuth said. “While land values have continued to increase, the amount of debt per acre that we can finance and still have a long-term sustainable payment plan has actually decreased, due to rising interest rates,” he explained. “What's the net effect? More cash, more collateral is required to go into these purchases.” Interest rates will remain “the wild card for the whole year,” Knuth projected. He told the breakout session’s standing-room-only crowd that he believed short-term interest rates might rise moderately in the first half of the year, while long-term rates will remain relatively stable. For generations, a trusted lending rule of thumb has been this: farmers can afford to allocate somewhere between 30 and 35 percent of gross farm income to debt repayment. That metric still rings true today, Knuth said. But, in the wake of recent booming ag markets, lenders need to be on guard. “Historically, most lending and credit mistakes are made at the top of cycles,” Knuth shared. Instead, lenders should make it their goal to be “conservative in good times, so that they can be courageous and reliable in tough times,” he said.

Ag Investments Going Forward  

For growers looking to finance additional land or ag-based purchases in the coming year, Knuth offered these recommendations:

• Realize that a decline in commodity prices, if it happens, will likely precede a decline in supply costs – so plan to have operational adjustments in place, if needed.
• Make it a priority to maintain your liquidity. Don’t pay cash for everything. Use appropriate financing opportunities to protect your short-term risk-taking ability. Focus on retaining working capital, since restructuring debt for stressed operations will be more difficult in a climate marked by higher interest rates.
• If margins do become squeezed, identify logistical adjustments you can take to ensure you still secure your revenue targets.

As farmers navigate the way forward from the most recent grain boom, Knuth encouraged producers to learn from past ag cycles. “The three questions we had to answer following the last grain boom cycle – What are my costs? What are my break-evens? And, is it sustainable? – are the same three questions we may have to ask again,” he said. ]]> 59826 0 0 0 https://landreport.com/2023/01/bill-gates-responds/ Tue, 17 Jan 2023 06:00:12 +0000 https://landreport.com/?p=59846 On January 11 during an online forum at Reddit.com, Bill Gates took more than a dozen questions posed by curious Redditors on a variety of topics that ranged from becoming a grandfather to what brand of smartphone he uses. (A Samsung Fold 4.) Not surprisingly, one of the many Q&As concerned his extensive farmland portfolio, the largest nationwide in private hands.

America's Largest Farmland Owner

Two years ago, The Land Report singled out the Microsoft co-founder as America’s largest private farmland owner. The 2020 Land Report 100 determined that his total ownership via Cottonwood Ag Management included 242,000 acres of farmland. In addition, he owned more than 26,000 acres of transitional and recreational land. In the 2022 Land Report 100, his agricultural holdings were deemed to have increased by an estimated 6,000 acres in North Dakota, pushing his total ag holdings to 248,000 acres nationwide. Combined with his recreational holdings in Wyoming and development tracts in the Greater Phoenix area, his property portfolio in more than a dozen states totals an estimated 275,000 acres, a figure that ranks him No. 41 nationally. Other private landowners with 275,000 acres include the Babbitts of Arizona, Texas's Jones family, and the descendants of Floyd and Frances Lee, who own the historic Manuel Chávez Ranch in Western New Mexico.

Ask Me Anything on Reddit

Gates has been a regular participant in the popular "Ask Me Anything" sessions on Reddit. In fact, 2023 marked his 11th time to take part in an "Ask Me Anything." From healthcare to taxation and artificial intelligence, Redditors broached a variety of topics with the Seattle native. One in particular asked why he was “buying up so much farmland?” In response, Gates wrote, “I own less than 1/4,000 of the farmland in the US. I have invested in these farms to make them more productive and create more jobs. There isn’t some grand scheme involved.”

Cascade Investments

Gates added that his land acquisitions — including the 2018 purchase of 14,500 acres in Eastern Washington for $171 million — "are overseen by a professional investment team," a reference to Cascade Investments LLC, his personal investment portfolio which has been overseen by Michael Larson since 1994.]]> 59846 0 0 0 https://landreport.com/2023/01/frey-farms-ceo-sarah-frey/ Mon, 30 Jan 2023 06:00:33 +0000 https://landreport.com/?p=59872 All it took was a moment for Sarah Frey’s life to change completely. In 1992, as a teen, she had an epiphany: rather than carrying through with her original plan to flee her family’s 80-acre Southern Illinois farm, she would instead save it.

In an intimate, unfiltered keynote speech shared at the 2023 Land Investment Expo, Frey walked attendees through that teenage plan shift, and how her genuine connection to the land – plus a tenacious business sense – spurred her agricultural success.

Thinking Like an Entrepreneur

Today, Frey, 46, is best known as CEO of Frey Farms, the largest supplier of pumpkins in the US, with growing operations across roughly 15,000 acres in seven states. She’s also an author. Her memoir, The Growing Season: How I Built a New Life – and Saved an American Farm, was published by Ballantine Books in 2020.

But her beginnings were humbler. From the conference’s main stage, Frey shared that she and her siblings grew up eating only what they hunted or grew themselves. Her mother sold watermelons to area markets to help make ends meet. But the small family farm was struggling, and the family considered selling it.

Instead, Frey set out on a mission to not only keep the land in her family, but also turn it into a thriving business.

At just 16, she took over her mother’s melon business and grew it. She added pumpkins to diversify the farm’s offerings and extend the family’s growing season. She snagged deals supplying produce to several local Walmarts and other area retailers.

But Frey’s real break came when she noticed a new Walmart distribution center being built nearby. Even before the facility had officially opened, Frey marched right in – dressed, she shared, in jeans, a ball cap, and a dirty t-shirt. She was ushered over to the produce buyer and walked out with a deal to deliver two loads of cantaloupes and three loads of watermelons to the distribution center weekly.

But, as Frey candidly told the crowd, there was a problem: it wasn’t until after she walked out of the meeting that she realized the buyer had meant semi loads of melons. At that time, Frey was still operating with a pickup truck and towable farm trailer. She had neither semis nor a commercial driver’s license.

Frey immediately called upon an older brother for help, and together, over time, Frey and her siblings built Frey Farms into the thriving business it is today. Currently, Frey supplies not only millions of pounds of watermelons, pumpkins, squash, and sweet corn across the US, but also thriving, innovative lines of juices, seeds, and other secondary products that allow the company to glean profit even from produce too “ugly” for traditional market sales.

“I had to think like an entrepreneur,” Frey told the audience. “It’s the same question all entrepreneurs face: ‘How to do more with less.’ In my case, in the beginning, it was how to do more with just 80 acres.”

Connecting with Consumers

Pivoting to address the title of her talk – “How to See Past Life’s Imperfections and Find the Good Even in Dark Times” – Frey fast-forwarded in her business journey to discuss an eye-opening discovery she made during the COVID-19 pandemic.

Facing the unwelcome prospect of watching millions of dollars’ worth of melons rot in fields as the pandemic disrupted traditional produce supply chains, Frey found herself at home, in the kitchen, making panicked phone calls as she tried to navigate a plan. Witnessing this were Frey’s two teen sons, who were themselves trying to navigate online learning during COVID school closures.

When her sons asked how they could help, Frey sarcastically told them they could sell some melons. Not picking up on her tone, the two set into action with a plan to do just that.

Despite Frey’s skepticism, her two sons successfully sold two semi loads of Florida watermelons in just a few hours during a drive-thru market they organized at the family’s farm headquarters in rural Illinois.

With awe in her voice, Frey shared her astonishment at how that day unfolded: “There were over a thousand cars lined up to get to our farm to buy a watermelon from the kids,” she said.

When she asked her sons how they did it, they said simply: “We put it on Facebook.”
It was another epiphany moment for Frey, who said the experience taught her about the power of connecting directly with consumers.

“The kids taught me a very valuable lesson,” she said. “While we might sell to retailers, that day showed me that we also need to talk directly to consumers. Since then, our engagement process for our company has been very different. We’re embracing the fact that people want to feel connected to farms. They want to feel as though they have a stake in how their food is grown.”

Respecting the Human-Land Connection

Frey closed out her reflections with a direct entreaty to those in the audience. She asked them to “always remember in [their] land deals, there are people – and therefore emotions – involved.”

She urged would-be buyers and brokers of land to be sensitive, always, to the stories and memories of the families selling the property.

“Remember the human aspect of our relationship to the land,” she pleaded. “My connection to the land was what motivated me, as a teen, to make a life-changing decision to stay on our farm.”

She urged attendees to respect the close ties people build to their farms, even in the midst of their business dealings. “My understanding and sensitivity to those connections as we’ve grown our business has oftentimes been the reason why I was given the opportunity to purchase a piece of land over someone else,” she shared.

]]> 59872 0 0 0 All it took was a moment for Sarah Frey\u2019s life to change completely. In 1992, as a teen, she had an epiphany: rather than carrying through with her original plan to flee her family\u2019s 80-acre Southern Illinois farm, she would instead save it.<\/p>

In an intimate, unfiltered keynote speech shared at the 2023 Land Investment Expo<\/a>, Frey walked attendees through that teenage plan shift, and how her genuine connection to the land \u2013 plus a tenacious business sense \u2013 spurred her agricultural success.<\/p>

Thinking Like an Entrepreneur<\/h2>

Today, Frey, 46, is best known as CEO of Frey Farms, the largest supplier of pumpkins in the US, with growing operations across roughly 15,000 acres in seven states. She\u2019s also an author. Her memoir, <\/span>The Growing Season: How I Built a New Life \u2013 and Saved an American Farm, <\/em>was published by Ballantine Books in 2020.<\/span><\/p>

But her beginnings were humbler. From the conference\u2019s main stage, Frey shared that she and her siblings grew up eating only what they hunted or grew themselves. Her mother sold watermelons to area markets to help make ends meet. But the small family farm was struggling, and the family considered selling it.<\/span><\/p>

Instead, Frey set out on a mission to not only keep the land in her family, but also turn it into a thriving business.<\/span><\/p>

At just 16, she took over her mother\u2019s melon business and grew it. She added pumpkins to diversify the farm\u2019s offerings and extend the family\u2019s growing season. She snagged deals supplying produce to several local Walmarts and other area retailers.<\/span><\/p>

But Frey\u2019s real break came when she noticed a new Walmart distribution center being built nearby. Even before the facility had officially opened, Frey marched right in \u2013 dressed, she shared, in jeans, a ball cap, and a dirty t-shirt. She was ushered over to the produce buyer and walked out with a deal to deliver two loads of cantaloupes and three loads of watermelons to the distribution center weekly.<\/span><\/p>

But, as Frey candidly told the crowd, there was a problem: it wasn\u2019t until after she walked out of the meeting that she realized the buyer had meant <\/span>semi <\/em>loads of melons. At that time, Frey was still operating with a pickup truck and towable farm trailer. She had neither semis nor a commercial driver\u2019s license.<\/span><\/p>

Frey immediately called upon an older brother for help, and together, over time, Frey and her siblings built Frey Farms into the thriving business it is today. Currently, Frey supplies not only millions of pounds of watermelons, pumpkins, squash, and sweet corn across the US, but also thriving, innovative lines of juices, seeds, and other secondary products that allow the company to glean profit even from produce too \u201cugly\u201d for traditional market sales.<\/span><\/p>

\u201cI had to think like an entrepreneur,\u201d Frey told the audience. \u201cIt\u2019s the same question all entrepreneurs face: \u2018How to do more with less.\u2019 In my case, in the beginning, it was how to do more with just 80 acres.\u201d<\/span><\/p>

Connecting with Consumers<\/span><\/p>

Pivoting to address the title of her talk \u2013 \u201cHow to See Past Life\u2019s Imperfections and Find the Good Even in Dark Times\u201d \u2013 Frey fast-forwarded in her business journey to discuss an eye-opening discovery she made during the COVID-19 pandemic.<\/span><\/p>

Facing the unwelcome prospect of watching millions of dollars\u2019 worth of melons rot in fields as the pandemic disrupted traditional produce supply chains, Frey found herself at home, in the kitchen, making panicked phone calls as she tried to navigate a plan. Witnessing this were Frey\u2019s two teen sons, who were themselves trying to navigate online learning during COVID school closures.<\/span><\/p>

When her sons asked how they could help, Frey sarcastically told them they could sell some melons. Not picking up on her tone, the two set into action with a plan to do just that.<\/span><\/p>

Despite Frey\u2019s skepticism, her two sons successfully sold two semi loads of Florida watermelons in just a few hours during a drive-thru market they organized at the family\u2019s farm headquarters in rural Illinois.<\/span><\/p>

With awe in her voice, Frey shared her astonishment at how that day unfolded: \u201cThere were over a thousand cars lined up to get to our farm to buy a watermelon from the kids,\u201d she said.<\/span><\/p>

When she asked her sons how they did it, they said simply: \u201cWe put it on Facebook.\u201d<\/span>
It was another epiphany moment for Frey, who said the experience taught her about the power of connecting directly with consumers.<\/span><\/p>

\u201cThe kids taught me a very valuable lesson,\u201d she said. \u201cWhile we might sell to retailers, that day showed me that we also need to talk directly to consumers. Since then, our engagement process for our company has been very different. We\u2019re embracing the fact that people want to feel connected to farms. They want to feel as though they have a stake in how their food is grown.\u201d<\/span><\/p>

Respecting the Human-Land Connection<\/span><\/p>

Frey closed out her reflections with a direct entreaty to those in the audience. She asked them to \u201calways remember in [their] land deals, there are people \u2013 and therefore emotions \u2013 involved.\u201d<\/span><\/p>

She urged would-be buyers and brokers of land to be sensitive, always, to the stories and memories of the families selling the property.<\/span><\/p>

\u201cRemember the human aspect of our relationship to the land,\u201d she pleaded. \u201cMy connection to the land was what motivated me, as a teen, to make a life-changing decision to stay on our farm.\u201d<\/span><\/p>

She urged attendees to respect the close ties people build to their farms, even in the midst of their business dealings. \u201cMy understanding and sensitivity to those connections as we\u2019ve grown our business has oftentimes been the reason why I was given the opportunity to purchase a piece of land over someone else,\u201d she shared. <\/span><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"2732ef2"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2023/01/westervelt-ecological-services/ Sun, 15 Jan 2023 06:00:58 +0000 https://landreport.com/?p=59877 The past, present, and future of the Westervelt Company are all easily visible from a small ridge in Central Alabama. On the opposite side of the valley stands a pine plantation, remnants of when the Westervelt Company was known as Gulf States Paper Corporation. Row upon row of monochrome pine trees stand at attention, six feet apart.

Meanwhile, the floodplain below that leads to nearby Yellowleaf Creek is wild, filled with natural growth at its unwieldy best. Oaks, cypress, and dogwoods create a palate of colors with vines and thickets creeping throughout. This is the work of Westervelt Ecological Services (WES), established in 2006 by the Alabama-based Westervelt Company and a trio of California environmental executives specializing in mitigation banking.

This partnership came together after Gulf States Paper — whose roots date from the 1880s and Herbert Westervelt’s South Bend Paper Company — exited the paper business, selling most of its manufacturing assets in 2005. This left the company with a lot of cash and more than 500,000 acres of forestland. A new chapter was about to begin — one that would focus on mitigation banking.

Essentially, this is a way for developers to offset the ecological impact of a project by purchasing credits approved by the US Army Corps of Engineers that are used to fund the restoration of natural habitats close by.

Establishing Westervelt Ecological Services
BIG SANDY CREEK Formerly managed as a pine plantation, this 1,060-acre site in Tuscaloosa County, Alabama, is being restored, enhanced, and permanently protected by Westervelt Ecological Services. Learn more at www.wesmitigation.com.

The Westervelt Company established WES with a Southeastern office in Alabama, a Rocky Mountain office in Colorado, and a Western office in Sacramento.

“It’s a very odd marriage,” says John Wigginton, director of the WES Southeastern Region. “You have three Sacramento guys doing mitigation banking who are working with this Tuscaloosa-based company that has a history of pine plantations and papermaking. Really the only thing they had in common is land management.”

The Yellowleaf Mitigation Bank near Harpersville, Alabama, is an example of what WES can accomplish. This 547-acre piece of property, which Gulf States Paper purchased in the 1960s, was one of the first mitigation banking projects undertaken by WES.

As sections of existing pine have been harvested, WES has reworked the landscape by replanting hardwoods, incorporating other natural elements, and even reshaping streams for better flow. These efforts have been funded by the sale of credits to offset more than 100 development projects.

“In another 20 years or so, this will be a mature forest, and it will all seamlessly blend together into a large-scale functioning ecosystem with high wildlife and habitat value,” Wigginton says. “This work is not easy to do. It’s capital intensive on the front end, and requires long-term management and technical expertise to get projects through this process.”

Mitigation Banking

Above all, mitigation banking requires patience. It provides an extremely slow return on investment. The Corps of Engineers must approve individual areas for initial credits. Then it releases additional credits as progress is made throughout the restoration process. After more than 15 years, Yellowleaf is finally about to sell out all of its available credits.

“Our project cycles are long-term investments,” WES President Travis Hemmen says. “It can be 10 to 15 years before we start realizing the revenue expected off a project. It takes patient capital to do this.”

This slow-but-steady approach has paid off for WES. The company currently has approximately 50 active mitigation projects underway in seven states. In addition to projects in Alabama and California, WES is banking in Colorado, Florida, Mississippi, Nebraska, and Tennessee.

“In the Western region, we’re buying properties. But in the Southeast, that group has the opportunity to work on a number of core legacy properties that have been owned by the Westervelt Company for 100 years,” Hemmen says. “And there are plenty of places to replicate our process in other states. We have a lot of growth plans as a business unit.”

While the footprint might change from state to state, company officials say the goal will remain the same: to operate a business that is successful both financially and ecologically.

Stewarding the Land

“As a long-term steward of land assets, we believe ecological restoration and conservation are completely in line with our strategic objectives,” says Cade Warner, a fifth-generation member of the Westervelt Company who recently took over as chief operating officer.

“Westervelt Ecological Services was founded to promote ecological stewardship principles while generating revenue,” Warner adds. “This business model demonstrates that the public and private sector can successfully work together to both promote economic development and ensure that we’re protecting sensitive habitats in the area.”

]]> 59877 0 0 0 SCHULTZ CREEK • Bibb County • Alabama]]> The past, present, and future of the Westervelt Company are all easily visible from a small ridge in Central Alabama. On the opposite side of the valley stands a pine plantation, remnants of when the Westervelt Company was known as Gulf States Paper Corporation. Row upon row of monochrome pine trees stand at attention, six feet apart.<\/p>

Meanwhile, the floodplain below that leads to nearby Yellowleaf Creek is wild, filled with natural growth at its unwieldy best. Oaks, cypress, and dogwoods create a palate of colors with vines and thickets creeping throughout. This is the work of Westervelt Ecological Services (WES), established in 2006 by the Alabama-based Westervelt Company and a trio of California environmental executives specializing in mitigation banking.<\/p>

This partnership came together after Gulf States Paper \u2014 whose roots date from the 1880s and Herbert Westervelt\u2019s South Bend Paper Company \u2014 exited the paper business, selling most of its manufacturing assets in 2005. This left the company with a lot of cash and more than 500,000 acres of forestland. A new chapter was about to begin \u2014 one that would focus on mitigation banking.<\/p>

Essentially, this is a way for developers to offset the ecological impact of a project by purchasing credits approved by the US Army Corps of Engineers that are used to fund the restoration of natural habitats close by.<\/p>

Establishing Westervelt Ecological Services
BIG SANDY CREEK Formerly managed as a pine plantation, this 1,060-acre site in Tuscaloosa County, Alabama, is being restored, enhanced, and permanently protected by Westervelt Ecological Services. Learn more at www.wesmitigation.com.<\/p>

The Westervelt Company established WES with a Southeastern office in Alabama, a Rocky Mountain office in Colorado, and a Western office in Sacramento.<\/p>

\u201cIt\u2019s a very odd marriage,\u201d says John Wigginton, director of the WES Southeastern Region. \u201cYou have three Sacramento guys doing mitigation banking who are working with this Tuscaloosa-based company that has a history of pine plantations and papermaking. Really the only thing they had in common is land management.\u201d<\/p>

The Yellowleaf Mitigation Bank near Harpersville, Alabama, is an example of what WES can accomplish. This 547-acre piece of property, which Gulf States Paper purchased in the 1960s, was one of the first mitigation banking projects undertaken by WES.<\/p>

As sections of existing pine have been harvested, WES has reworked the landscape by replanting hardwoods, incorporating other natural elements, and even reshaping streams for better flow. These efforts have been funded by the sale of credits to offset more than 100 development projects.<\/p>

\u201cIn another 20 years or so, this will be a mature forest, and it will all seamlessly blend together into a large-scale functioning ecosystem with high wildlife and habitat value,\u201d Wigginton says. \u201cThis work is not easy to do. It\u2019s capital intensive on the front end, and requires long-term management and technical expertise to get projects through this process.\u201d<\/p>

Mitigation Banking<\/p>

Above all, mitigation banking requires patience. It provides an extremely slow return on investment. The Corps of Engineers must approve individual areas for initial credits. Then it releases additional credits as progress is made throughout the restoration process. After more than 15 years, Yellowleaf is finally about to sell out all of its available credits.<\/p>

\u201cOur project cycles are long-term investments,\u201d WES President Travis Hemmen says. \u201cIt can be 10 to 15 years before we start realizing the revenue expected off a project. It takes patient capital to do this.\u201d<\/p>

This slow-but-steady approach has paid off for WES. The company currently has approximately 50 active mitigation projects underway in seven states. In addition to projects in Alabama and California, WES is banking in Colorado, Florida, Mississippi, Nebraska, and Tennessee.<\/p>

\u201cIn the Western region, we\u2019re buying properties. But in the Southeast, that group has the opportunity to work on a number of core legacy properties that have been owned by the Westervelt Company for 100 years,\u201d Hemmen says. \u201cAnd there are plenty of places to replicate our process in other states. We have a lot of growth plans as a business unit.\u201d<\/p>

While the footprint might change from state to state, company officials say the goal will remain the same: to operate a business that is successful both financially and ecologically.<\/p>

Stewarding the Land<\/p>

\u201cAs a long-term steward of land assets, we believe ecological restoration and conservation are completely in line with our strategic objectives,\u201d says Cade Warner, a fifth-generation member of the Westervelt Company who recently took over as chief operating officer.<\/p>

\u201cWestervelt Ecological Services was founded to promote ecological stewardship principles while generating revenue,\u201d Warner adds. \u201cThis business model demonstrates that the public and private sector can successfully work together to both promote economic development and ensure that we\u2019re protecting sensitive habitats in the area.\u201d <\/p>","drop_cap":"yes","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"ba9be67"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2023/01/land-report-january-2023-newsletter/ Sun, 15 Jan 2023 00:00:49 +0000 https://landreport.com/?p=59898 Our January Newsletter features:

• South Dakota Ranch Nets Record-High Price
• Nature Conservancy Protects Shohola Watershed
• Canada Bans Foreign Buyers
• Land Report Voices: Western Ranch Brokers

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 59898 0 0 0 https://landreport.com/2023/02/jimmy-john-shares-recipe-for-success/ Sun, 05 Feb 2023 06:00:23 +0000 https://landreport.com/?p=59956 Jimmy John Liautaud — founder and of the Jimmy John’s Sandwiches — took the stage at Land Expo 2023 to share reflections on his success as a restauranteur, landowner, investor, and vineyard proprietor. Across four decades of entrepreneurship, Liautaud’s accomplishments can be traced directly to his willingness to work hard — and to always honor the integrity of a deal, especially one sealed by a handshake. “I was raised on [making] clean deals,” Liautaud told the crowd. “Farmers still know what that means, and I love that about farmers — you make a deal, shake hands in your boots, and it’s done.”

Hands-on Early Management

In 1983, Liautaud launched his sandwich business right by the campus of Eastern Illinois University with a $25,000 loan from his father. The startup funds came with a caveat: if Jimmy John's entrepreneurial plans didn’t pan out, he’d join the US Army. But pan out they did, through sheer effort and determination. Liautaud recalled months of 20-hour days in his first shop, honing his customer relations skills and, especially, his business management savvy. Heeding his father’s advice to pay COD, Liautaud paid cash for everything. He credits his basic checkbook approach with helping him stay keenly aware of the ebbs and flows in his business profits. It also instilled an aversion to debt of any sort. “I watched that bank balance go up and down every single day, because I was writing checks against that balance every single day,” Liautaud shared. “I watched what made it go down and I watched what made it go up. I became an accountant by default.” This hands-on awareness of his books taught Liautaud to schedule his employees’ shift time shrewdly and to source ingredients and supplies wisely. From day one, Liautaud bought sandwich bread from Schaumburg-based Gonnella Baking Company. To this day, Jimmy John’s remains one of Gonnella’s largest customers. “I stayed loyal to them, because they stayed fair to me,” Liautaud told Land Report Editor Eric O’Keefe during their sit-down interview.

Turning Profits with Tenacity

Slowly but surely, Liautaud’s penchant for hard work began to pay off. In its first year, the original Jimmy John’s sandwich shop made $40,000 in profits from $150,000 in sales. By year three, Liautaud made enough to pay his dad’s loan back with interest. By year ten, Liautaud had expanded to 2- shops and had himself more than $1 million in the bank. Once he started franchising, profits skyrocketed. Jimmy John’s grew to 200 stores between 1993 and 2003, and, as Liautaud shared with the audience, his “income went from roughly $20 million [annually] in 2007 to $100 million [annually] in 2014.” By 2019, his profits were closer to $200 million annually, he added. In 2016, Liautaud sold the majority of his stake in Jimmy John’s to the parent company of Inspire Brands — whose holdings also include Arby’s, Baskin-Robbins, Sonic, and Buffalo Wild Wings. In 2019, he stepped down as CEO and sold his remaining company shares to Inspire, telling Forbes that the timing couldn’t have been better for the company’s franchisees, shareholders, and employees. Liautaud acknowledged his father’s doggedness as a door-to-door encyclopedia salesmen and said it influenced his own business style. He told the Des Moines audience that his trajectory from college sandwich shop to CEO of one of the country’s largest sandwich brands was paved with pure hustle. “Persistence will beat brains seven days of the week. I’m proof of that,” Liautaud said. “I didn’t know how to acquire debt. I didn’t know how to make a business plan. I just saved up and did it all with my own money.”

Investing in Land

In 2007, Liautaud sold 28 percent of his share in Jimmy John’s for $130 million. He promptly invested the proceeds in farmland, gold, and municipal bonds, he informed the crowd. “I sold [that portion of the company] with the goal that I could put that money into an investment that would allow me to live my lifestyle without ever having to worry about money again,” Liautaud said. Acknowledging his mutual passion for land with those in attendance, Liautaud noted that he currently owns 9,000 acres in tillable crops — mostly corn and beans — in Illinois, along with additional cropland in Kansas, timberland in Wisconsin, and two California wineries. “I discovered I really like the farm side of the business,” Liautaud shared. “I like buying land, controlling inputs . . . and the hustle of selling [commodities].” Liautaud told the crowd that farming and the sandwich business are akin in their intensity. “In both pursuits, when it’s go time, it’s go time. When it’s time to sell, you’re opportunistic about selling. You’re up and doing what you gotta do,” he said. Similarly, in both endeavors, Liautaud has tried to beat out his competitors by delivering superior products and service. As an example, he told the crowd how, paradoxically, Jimmy John’s profit margins soared when the company decreased delivery areas and enhanced their trademarked “freaky fast” delivery. “At Jimmy John's, there was not one silver bullet or some secret idea … we just did everything a little bit better than everybody else,” Liautaud said. “And as a result, we made a little bit more money than everybody else. And I think we do that with the farming too. Our guys have the best equipment, and they're working their asses off to do everything a little bit better [than others]. And because of that, our yields are a little bit above average – and I’ll take that. I enjoy doing extra work, and I like the hustle.”

Expanding Agricultural Operations

Liautaud plans to continue expanding his land holdings, telling those in attendance he is actively pursuing new land- and ag-based investments. “We absolutely love to hear about new opportunities. It’s where we deploy capital – that’s what my family investment office does,” he said. “Farmland is the second largest holding in our portfolio, and we were lucky to have it as an asset class, with it performing like it has the last couple of years.” Perhaps not surprisingly, as Liautaud expands his agricultural operations, he plans to take with him the hustle-mindset that’s served him well throughout his career. “I want to help preserve soils and maximize [farmers’] potential, and I want to be forward and progressive-thinking when I do it,” he told the crowd. ]]> 59956 0 0 0 https://landreport.com/2023/01/usda-cracks-down-on-organic-fraud/ Wed, 18 Jan 2023 06:00:38 +0000 https://landreport.com/?p=59960 New, stricter USDA guidelines released in mid-January aim to cut down on organic fraud and bolster consumer confidence in the certified organic food label. The updates close loopholes that formerly allowed certain nonorganic ingredients to enter the organic supply chain. They also enact more stringent farm-to-market supply chain tracing and require organic certification of certain mid-supply chain agents. The move represents “the single largest revision to the organic standards since they were published in 1990,” said Tom Chapman, CEO of the Organic Trade Association. The revisions come at a time when the organic market is booming: sales of organic commodities, processed foods, and nonfood products surpassed $63 billion for the first time in 2021, and the organic market now represents almost 6 percent of the food sold in the US. While the new provisions go into effect this March, farms and suppliers will have until March 2024 to certify their compliance. Read more HERE.]]> 59960 0 0 0 https://landreport.com/2023/01/demand-for-organic-surges/ Tue, 24 Jan 2023 06:00:08 +0000 https://landreport.com/?p=59962 US consumers’ demand for authentic, certified organic produce shows no sign of slowing. Recent data released from the USDA’s 2021 Certified Organic Survey shows continued, strong demand for organic produce and meat, plus other farm commodities, including nuts, herbs, Christmas trees, flowers, and maple syrup. The report offers a telling snapshot of US organic market growth since 2008. In 2008, sales from US organic commodities topped out at $3.2 billion; in 2021, that figure had ballooned to $11.2 billion. Interestingly, the total US acreage certified as organic has remained relatively stable over the timeline captured between the two reports. In 2008, 14,540 certified organic or exempt farms operated across 4.1 million acres in the US. In comparison, the USDA’s 2021 report recognizes 4.9 million acres of US farmland as certified organic, across 17,445 farm operations. Read more HERE. ]]> 59962 0 0 0 https://landreport.com/2023/01/for-sale-texas-tigner-ranch/ Fri, 20 Jan 2023 06:00:28 +0000 https://landreport.com/?p=59965 Texas’s historic Tigner Ranch is on the market for just under $8.9 million ($13,517 per acre). Situated roughly 30 minutes from downtown Houston, the 657-acre property in Fort Bend County features a half-mile of Brazos River frontage plus a mix of mature timberland and open fields. The ranch includes an ag exemption and is fully fenced with additional cross-fencing, making it well-suited for cattle ranching or hay production. Owned by the Tigner family for 147 years and listed by Ruple Properties, the ranch adjoins thousands of acres of undeveloped land to its south and west, along with housing developments to its north and east, enhancing its investment value. Frequently visited by deer, wild hogs, and other predators, the property also has potential as a recreational hunting reserve. Read more HERE.]]> 59965 0 0 0 https://landreport.com/2023/02/bidders-wanted-260-acre-los-angeles-landmark/ Thu, 09 Feb 2023 06:00:52 +0000 https://landreport.com/?p=59967 ne of the last remaining large tracts of undeveloped land in Greater Los Angeles. Known as Senderos Canyon, the 260-acre parcel in Bel Air has been languishing on and off the market in one of La-La Land's most exclusive neighborhoods at an ever lower series of price points for much of the last decade. 

Blank Slate

Senderos Canyon consists of three separate contiguous parcels that were originally listed in 2013 for an eye-popping $125 million ($480,000 per acre). After three years and no takers, the property was delisted in 2016. Three years later, $50 million was shaved off the 2013 asking price when it relisted for $75 million. A subsequent $15 million price reduction to $60 million also generated no takers. Currently zoned for residential and equine use, proposed uses for the 260-acre tract include a golf course, a sports complex, a wellness retreat, an equestrian center, and a luxury home enclave. According to the listing broker, “Such staggering scale in an unrivaled position nestled between Los Angeles's most prestigious residential enclaves presents the unique opportunity to craft the legacy and landscape of Bel Air."

Mountain of Beverly Hills

Senderos Canyon sits less than two miles due west of the Mountain of Beverly Hills, a 157-acre tract in the 90210 area code whose even higher asking price preceded one of the steepest markdowns in history. Famously owned by Princess Shams Pahlavi, sister of the last shah of Iran, it was subsequently acquired by Merv Griffin, who sold it to Mark Hughes, the founder of Herbalife. Listed for $1 billion in July 2018, the price was then decreased by 35 percent to $650 million in February 2019. Ultimately, the Mountain sold for 1/10,000 of its original asking price — $100,000 — at a foreclosure sale in August 2019. It was subsequently seized by federal prosecutors investigating the embezzlement of funds by officials associated with the Kuwait Ministry of Defense.

Sealed-Bid Auction

Senderos Canyon is currently listed with Melinda and Scott Tamkin of The Tamkin Real Estate Group at Compass. Paramount Realty USA is overseeing the auction, which requires a minimum bid of $39 million, almost 70 percent below the property’s original $125 million price tag. Read more HERE. ]]> 59967 0 0 0 https://landreport.com/2023/02/sold-roper-island/ Tue, 07 Feb 2023 06:00:52 +0000 https://landreport.com/?p=59989 sold in January for $1.4 million, or roughly $169 per acre. Aaron Sutton, managing broker at National Land Realty, closed the sale of the remote Hyde County property near the state’s eastern shore.

Unique, Undeveloped Tract

Surrounded by 23 miles of water frontage — six miles along the Intercoastal Waterway and 17 miles along the Alligator River – Roper Island is accessible only by boat and represents one of the largest completely undeveloped land parcels of its kind in the US. “The area is very remote from human development and can be described as ‘wild and raw,’” Sutton told The Land Report. “There are not many tracts of this acreage size in the Eastern US that have been left untouched the way Roper Island has been. I would be willing to bet, in fact, that none remain other than Roper Island. It is true wilderness.” The sale included 53 acres of mainland along with 8,210 acres on Roper Island itself. The property, which includes both water frontage and raw timberland, is home to black bears, wild hogs, deer, turkey, and a wide variety of other wildlife.

Finding the Right Buyer

Roper Island was listed for nearly three years. It was under contract on several occasions but only closed at New Year's, Sutton said. “I had the property under contract multiple times for extended periods, and within those under-contract periods, I would typically receive two to three calls a week from interested parties requesting more information about the land and asking me to get in touch with them if it again became available,” Sutton shared. When initial contracts fell through, the seller – identified in legal documents only as Roper Island LLC  – was “patient and trusting that I would get it to close,” said Sutton, who added that National Land Realty’s Chase Blalock and Matthew Eakes also helped close the sale. Despite the challenges of those initial attempts, Sutton said he feels proud that the right buyer ended up with the property in the end. “The perfect buyer was hard to find and required a person with a vision and the appropriate finances, who was not scared to undertake [ownership of] a remote paradise,” he said.

Roper Island’s Future

The new owner, identified in paperwork only as Roper Island Wildlife Refuge LLC, is an experienced land investor, Sutton said. “The buyer owns several large properties out west within his groups of investors, but he wanted to own his own large acreage tract to himself, and this [property] was within his budget,” Sutton said. Sutton believes the unvarnished, pristine wilderness of Roper Island was what attracted the new owner. “He loved the wilderness aspect of this property and the idea of hunting there,” Sutton said. ]]> 59989 0 0 0 https://landreport.com/2023/02/colorados-dunham-ranches-conserved/ Wed, 08 Feb 2023 06:00:27 +0000 https://landreport.com/?p=60045 The Colorado Cattlemen’s Agricultural Land Trust (CCALT) recently announced a partnership with the Dunham family to permanently preserve Dunham Ranches, a 1,581-acre property near Meeker flanked by the White River and Coal Creek. Two newly enacted conservation easements, announced in January, ensure that the Dunham Ranches will permanently remain open and productive – adding another large and historic land tract to the growing acres of conserved landscape surrounding Meeker and Colorado’s larger Highway 13 corridor.

Generational Stewards of the Land

Property owners Bill and Diane Dunham have deep roots in the region. Bill Dunham’s grandparents established their farming and ranching operation on the Coal Creek property in the early 1900s, while Diane Dunham’s family acquired the White River property in 1942. Today, Bill and Diane’s son, Rodney Dunham, and grandson, Ty Dunham, manage the family ranching operations. Julie Sturman, Bill and Diane’s daughter, is also a part-owner of the property and shares the family’s vision for the future of the ranch. “Our great-grandmother admonished us to ‘take care of the land and the land will take care of you.’ We are proud to enable fourth and fifth generations and beyond to tend to this land that we love,” Sturman said in a statement announcing the conservation agreement.

Ecologic Importance

The Coal Creek property’s sagebrush steppe, shrublands and grasslands provide ideal habitat for the greater sage-grouse, a land-dwelling bird whose numbers are diminishing in the West, as well as critical winter habitat for elk and mule deer. Similarly, the ranch’s White River property – well-known to locals for its picturesque, irrigated hay meadows along the drive into Meeker – also includes significant wetlands and cottonwood woodlands that provide an inviting habitat for a variety of native wildlife. The Natural Resources Conservation Service (NRCS) provided funding for one of the conservation easements, which will conserve portions of both the Coal Creek and White River properties and also ensure that the land’s senior irrigation water rights continue to be used for their decreed agricultural purposes. The family’s commitment to environmental stewardship runs deep. Bill Dunham served as a former White River district water commissioner, while his son, Rodney Dunham, held a 20-year career with the Upper Colorado Environmental Plant Materials Center in Meeker. Both men worked extensively with the NRCS to develop stock water storage and delivery on the Coal Creek property. “The installation of a conservation easement onto Dunham Ranches benefits water quantity, plant productivity, livestock production and wildlife habitat in northwestern Colorado,” said Clint Evans, Colorado’s NRCS state conservationist. “It is particularly important to greater sage-grouse habitat and a number of species prioritized by the state of Colorado.” “The Dunhams’ commitment to conservation builds on a legacy of conservation throughout the area,” added John Gioia, CCALT Director of transactions. “The conservation easements on Dunham Ranches will support the Dunhams’ current and long-term plans for the ranch and will ensure it remains a ranch forever.”

About the Colorado Cattleman’s Agricultural Land Trust

The Colorado Cattlemen’s Association (CCA) established the Colorado Cattleman’s Agricultural Land Trust (CCALT) in 1995, thereby creating the first land trust formed by a state livestock association. CCALT partners with Colorado landowners to protect productive agricultural land and conserve the state’s natural resources. 

About the National Resources Conservation Service

The National Resources Conservation Service is a division of the USDA that supports efforts to reduce soil erosion, improve water quality, increase wildlife habitat and protect natural resources through voluntary conservation programs on private lands. ]]> 60045 0 0 0 https://landreport.com/2023/02/alaska-new-farming-frontier/ Mon, 13 Feb 2023 06:00:57 +0000 https://landreport.com/?p=60047 Alaska Governor Mike Dunleavy joined Land Expo 2023 live via teleconference to share why, he believes, the time is right for agriculture development in The Last Frontier. “There’s tremendous opportunity in the State of Alaska, as far as I’m concerned,” Dunleavy said. Dispelling what he called a “myth that all we have in Alaska are ice and igloos,” Dunleavy told Land Expo attendees that temperatures in the summertime in the state’s interior usually fall between 60 and 70 degrees, though 80- and 90-degree days are not unheard of. “Here, farmers raise all types of root crops, including potatoes. A lot of barley is grown, as well as oats. We have a large number of cattle as well as bison, elk and other livestock,” he said. “We also have a large and growing mariculture industry in the state of Alaska, offering the ability to grow seaweed, oysters, clams and more.”

Alaskan Advantages

Laying out the merits of Alaska’s farming potential, Dunleavy pointed to the state’s abundant fresh water supply, its vast expanses of “clean” land tracts never exposed to chemical herbicides or pesticides, and — perhaps above all — its per-acre affordability. “Our land is cheap, and we have lots of it,” Dunleavy said candidly. “We just sold some land in the Nenana area this past year for an average of about $500 per acre.” That revelation seemed to perk ears up within the crowd. “To me, that's fascinating. Considering price points agriculturally across the country, I challenge you to name where you could find land at $500 per acre in the Lower 48 — and what it could produce at $500 an acre,” said Land Report editor Eric O’Keefe, who led the interview. O'Keefe was joined in Des Moines by Dave Muth, managing director of asset management for Peoples Company.

New Agricultural Opportunities

Between June and October 2022, Alaska held its first land auction in the Nenana-Totchaket Agricultural Project, a planned 140,000-acre agricultural development located just west of the town of Nenana, in the Alaskan interior. Land there will be auctioned in phases over the next three decades. With its rich soil and easy access to water, Dunleavy shared with attendees, across a 30-minute call, that he believes the Nenana land is perfectly primed for development — thanks in part to its location “in a federally recognized opportunity zone, at the intersection of railroads and a major highway.” During the 2022 Nenana land auction, roughly 2,000 acres were available, across 27 lots that ranged from around 20 acres to more than 300 acres. Despite reservations by some local residents, bidding for the land was robust, with 18 tracts receiving multiple bids — particularly those with larger acreages. In all, 24 of the 27 parcels, or 89 percent of the initial tracts, received bids. Seven of the properties received more than 10 bids each, according to reporting by The Frontiersman. While the land had been identified as a prime agricultural region since the 1970s, its development has been possible only since the 2020 completion of a bridge over the Nenana River. “The strong local and national interest with this auction confirms the conversations occurring for decades about the potential for farming in the Nenana region,” said Mia Kirk, Alaska’s acting division of agriculture director, in an announcement providing details of the initial auction. At Land Expo 2023, Muth shared with the crowd several of his personal impressions from recent ag exploration trips to Alaska, while noting that the next auction of Nenana land is scheduled for 2024. “It's very clear that [acquiring land in Alaska] is going to function a little bit differently than a traditional farmland investment,” Muth said. “The folks that I think can be really attracted to what we're talking about here are ones that want to pull capital from the land all the way into the supply chain in order to help develop some of the systems needed to ultimately grow this to a commercial-scale industry.”

Untapped Potential

During his conversation with O’Keefe and Muth, Dunleavy noted that the Nenana project is just one of “three to four major agricultural projects” currently underway in his state. He alluded also to the Delta Junction area, a large barley-growing region southeast of Fairbanks in operation since the 1980s, as another area of rich agricultural potential in the state. “The state of Alaska owns millions of acres of potential farmland,” Dunleavy said, noting that Alaska’s lack of either a statewide income tax or sales tax makes investment there even more attractive for certain investors. Further, given its geographic location, there’s potential to further develop Alaska’s agricultural supply chains with nearby Asian nations, including China, Japan, and South Korea, Dunleavy suggested. “The Anchorage International Airport is the second-busiest cargo airport in the United States. A lot of traffic comes in and out of that airport,” Dunleavy said. “We also have well-established shipping lanes in the state of Alaska. So, in terms of the opportunities for farming, we're just scratching the surface.” Dunleavy also briefly addressed several upcoming infrastructure investments his office plans to launch in support of ag development, including further developing roadway and utility access to planned agricultural zones and investing in agricultural research and supply chain development. “We want to build out our systems. We’re willing to have discussions with those that want to invest on a large scale here in the state of Alaska, including potentially even renting land over a long term at a very, very reduced price,” Dunleavy said. “There are challenges here, no doubt. But there is also lots of opportunity here.” ]]> 60047 0 0 0 https://landreport.com/2023/02/campbell-global-acquires-250000-acres-of-southern-timberland/ Fri, 10 Feb 2023 06:00:25 +0000 https://landreport.com/?p=60049 Campbell Global recently acquired more than 250,000 acres of high-quality timberland valued at more than $500 million in the Southeast.

Sustainable Timberland Management

The properties will be managed for both carbon capture and timber production to meet growing demand for sustainable building products and other uses, according to a J.P. Morgan Asset Management press release announcing the acquisition. The properties encompass:

• Over 18 million metric tons of stored CO2 equivalents, including more than half a million metric tons of carbon dioxide equivalent net retained carbon in 2021 alone;
• Approximately 120 million standing trees;
• Over 700 miles of streams protected by 30,000 acres of riparian forests that sustain water resources, providing wildlife habitats and increased biodiversity within the landscape;
• Over 250,000 acres of diverse wildlife habitat for recreational pursuits.

“These acquisitions will give our clients access to sustainably managed forests that leverage our more than 40 years’ experience in timberland management,” said Campbell Global CEO John Gilleland.  “This transaction is one of the largest of its type in the past decade and builds on efforts to expand our asset class . . . by offering investors access to a robust carbon sequestration and timber management platform,” said Anton Pil, J.P. Morgan’s Global Head of Alternatives. “We are committed to harnessing the extensive forest management expertise of Campbell Global to offer our clients the unique ESG benefits associated with timberland assets.”

About J.P. Morgan Global Alternatives

J.P. Morgan Global Alternatives is the alternative investment arm of J.P. Morgan Asset Management. With more than 50 years as an alternatives investment manager and $216 billion in assets under management, J.P. Morgan offers strategies across the alternative investment spectrum including real estate, private equity, private credit, hedge funds, infrastructure, transportation, timber and liquid alternatives.

About J.P. Morgan Asset Management’s Campbell Global

Acquired by J.P. Morgan Asset Management in 2021, Campbell Global, LLC is a worldwide investment manager focused on timberland. Based in Portland, Oregon, Campbell Global is recognized as an authority on both forest management and timberland investing, with over three decades of experience in timberland management and value creation. A pioneer in the field, they have managed more than 5 million acres worldwide for pension funds, foundations and other institutional investors. ]]> 60049 0 0 0 https://landreport.com/2023/02/forest-service-burning-land-in-alabama/ Wed, 15 Feb 2023 06:00:14 +0000 https://landreport.com/?p=60051 The Forest Service will conduct prescribed burns on 110,586 acres in Alabama’s national forests starting in February and continuing until August. The planned burns target timber tracts in Bankhead, Conecuh, Talladega and Tuskegee National Forests. Aimed at improving plant and animal habitats and overall tree health within national forestland, the prescribed burns also will help reduce potential wildfire risk by eliminating dead wood and other ground debris that could cause wildfires to spread. Read more HERE. ]]> 60051 0 0 0 https://landreport.com/2023/02/farmland-values-jump-12-percent-in-corn-belt/ Fri, 17 Feb 2023 06:00:59 +0000 https://landreport.com/?p=60116 Farmland values rose 12 percent in 2022 in the Seventh Federal Reserve District, which encompasses all of Iowa and most of Illinois, Indiana, Michigan, and Wisconsin. The Federal Reserve Bank of Chicago reported the news in its February 2023 Ag Letter, noting the increase marks the second-largest farmland value spike for that district in the last decade. The 2022 increase was topped recently only by the record-breaking gains of 2021, a year that saw farmland values in the Seventh District rise by 22 percent.

Iowa Farm Prices Soar

The data, derived from the Fed’s monthly survey of 147 agricultural bankers, is not surprising to anyone paying attention to land prices in the Corn Belt recently. Last year, auctions across the Midwest saw land fetching record-setting prices, including as much as $25,000 to $30,000 per acre in Iowa. In fact, land prices were so robust for key tracts of farmland in Iowa last year that the statewide average land cost hit $11,411 per acre — the highest per-acre statewide average reported since data collection began in the 1940s, according to the Iowa State University Land Survey.

Commodities Market Driving Demand

In its January Land Values Release, Farmers National Company’s Senior Vice President of Real Estate Operations Paul Schadegg projected continued strong values for Corn Belt land going into 2023. “Commodity markets will continue to be the main driver in land value,” Schadegg said, adding that the scarcity of available tracts is also helping increase sales prices. “What we are seeing is a true supply/demand scenario,” he said. “There are simply more buyers willing to bid on the limited amount of land coming to the market.”

Considering the Year Ahead

Writing for the Federal Reserve, senior business economist David Oppedahl reported similarly optimistic land value expectations among the agricultural bankers whose survey responses form the bases of the Fed’s monthly ag letter. Specifically, 16 percent of Fed respondents expected farmland values in the Seventh District to rise between January and March 2023, while 10 percent expected them to fall, and 74 percent expected them to be stable, Oppedahl wrote.]]> 60116 0 0 0 https://landreport.com/2023/02/jeremy-siegel-presents-his-2023-forecast/ Mon, 20 Feb 2023 06:00:11 +0000 https://landreport.com/?p=60309 Jeremy Siegel said a recession this year is not inevitable — but only if the Federal Reserve pivots soon. Speaking at the 2023 Land Investment Expo in Des Moines, the professor emeritus of finance at the University of Pennsylvania’s Wharton School of Business did not mince words: He believes many of the Federal Reserve’s actions since COVID-19 have been misguided. Outlining his case, Siegel argued that, at various points post-pandemic, the Fed has been either too quick or too slow to respond to market changes, particularly regarding inflation. “What the Fed has done is gone way too fast. Delayed way too long. And then, slammed on the brakes,” he said.

Discerning the Financial Year Ahead

Author of the lauded investment primer Stocks for the Long Run, now in its sixth edition, Siegel is a well-regarded financial expert whose opinions frequently appear in financial news briefs on CNBC, NPR, CNN, and other media outlets. At the Land Expo, though, he was able to provide a detailed, unfiltered take on the status of the US economy across a nearly hour-long presentation. Attendees, in other words, had a rare chance to sit in on a de facto Wharton School lecture in which facts came flying fast and the insights were many. Here, we attempt to highlight just a few of Siegel’s most shrewd observations.

The Forecast for Asset Classes

Siegel predicted a return of 5 to 6 percent for stocks and just 3.5 percent or lower for bonds in 2023. He anticipated a return of 2.5 percent for treasury bills. “Stocks are not very good short-term hedges; they have too much volatility. But they are almost perfect long-term hedges,” Siegel shared. Tapping into the audience’s core asset interest later in the talk, Siegel did have unmitigatedly positive things to say about land investment. “Land has done really well,” he said, pointedly. “Land has beaten the S&P on several return averages over the last 50 years.”

Explaining the Money Supply

Siegel showed charts illustrating historic trends of the US money supply — which includes the liquidity of individuals and businesses as well as state and local governments. Until COVID-19 hit in March 2020, the money supply had historically risen by a rate of about 5.3 percent a year. But in the wake of emergency relief bills put into play by Congress during COVID-19, the US money supply increased 17 percent in just four months, from March to July 2020. “It was the biggest increase in history,” Siegel said. “We have never — not during wars or anything — printed and thrown as much money into people’s accounts as we did during that time.” The Fed continued to increase the money supply by 12 percent between July 2020 and February 2022. Then in March 2022, the trend abruptly stopped, leading to the current status: an eight-month decline in the money supply, the longest since World War II. “It’s a real danger,” Siegel said of the money supply bottleneck. “If that continues, we are guaranteed to have a recession. There’s still a chance for a pivot, but it has to happen quickly.”

Fed Missteps

Siegel then outlined several key recent financial missteps he attributed to both the federal government and the Federal Reserve. Specifically, he shared his opinion that the second round of Trump-approved COVID-relief payments and both rounds of Biden-enacted COVID-relief payments were unneeded. He also had harsh words for Congress’s refusal to raise taxes or cut spending but instead simply “inflate away” Americans’ dollars. Finally, Seigel discussed at length his view that the Fed has made misguided steps regarding inflation, thanks in part to its use of what he believes are lagging national home price indexes. These metrics, he argued, caused the Fed to far understate US inflation rates early in the pandemic aftermath. The same lagging metrics are causing the Fed to now, conversely, overestimate the rate of current inflation in the marketplace. “The Federal Reserve’s rate plan is far too hawkish,” Siegel said in summary. “If they do keep rates at 5 percent or above for the rest of the year, you can absolutely guarantee there will be a pretty severe recession in 2023.” ]]> 60309 0 0 0 https://landreport.com/2023/02/acretrader-revolutionizes-farmland-investing/ Wed, 22 Feb 2023 06:00:18 +0000 https://landreport.com/?p=60311 Founded in 2018, AcreTrader is an online platform that offers innovative pathways to invest in farmland. “We believe buying and selling land should become common, transparent, and easy for farmers, for investors, for landowners, and for everyone else interested in land,” said CEO Carter Malloy. During a recent AcreTrader Annual Business Update Webinar from their offices in Fayetteville, Arkansas, Malloy and COO Garrott McClintock shared insights on the company’s growth and key successes to date — and why they feel their new approach to land investment is a win-win for farmers and investors.

A Diversified Portfolio

Since launching its online investment platform in 2019, AcreTrader has grown quickly. Last year, the company raised more than $300 million in funds, made 6,200 distributions to investors, and saw more than 90 percent of its active investment properties generate a distribution greater than or equal to the returns projected by AcreTrader’s internal models. “We are seeing growth here at AcreTrader, both in the scale of our business and our farming partners’ businesses, growth in our industry, and importantly, growth in the opportunities for investments for our customers,” McClintock said. In 2022 alone, AcreTrader:

• Grew its land under management to more than 40,000 acres
• Funded more than $100 million in equity
• Added timberland as a new option in their portfolio
• Incorporated its first vineyard offering
• Diversified with 11 different row crop investment options, plus citrus and nuts
• Increased its land offerings in the US and Australia

“Diversification within an asset class like land can help spread risk and boost returns,” Malloy said. “We strive to offer our investors plenty of opportunities to do that within this diverse asset class.”

How It Works

AcreTrader’s online platform lets investors purchase shares in an entity that owns a farm. Each entity is divided into shares equivalent to one-tenth of an acre (so, for example, 20 shares would be the equivalent of two acres of land). Then, at the end of the year, AcreTrader pays out cash distributions to investors based on each farm’s excess annual income.

The Case for Land Investment

To date, AcreTrader’s by-farm exits have yielded a weighted average return of 14.1 percent to its investors, Malloy reported in the webinar. However, AcreTrader’s website explains that this asset class has historically had an unlevered yield of 3 to 5 percent for lower-risk properties. Thus, AcreTrader’s recent returns are “well above target,” Malloy said. “What’s fascinating is just to see these types of returns during a time when many other asset classes are meaningfully underperforming.” Malloy went on to share some historic land value data to illustrate that US farmland values have increased by an average rate of roughly 6 percent annually since the 1960s. In very rare down markets, land values typically only lost 5 percent of their value — a modest loss when compared with other asset classes such as gold or S&P, which saw declines of 40 to 50 percent some years. “So, you can understand why many investors often look to farmland for its relative stability,” Malloy said. With many economists predicting a US recession in 2023, land investment could offer a way to hedge against potential upcoming market disruptions, Malloy further explained. Sharing a slide depicting the ways various asset classes respond to varying markets, Malloy pointed out that farmland typically falls in or near the upper quartile for top returns when compared with other investment classes. “Farmland is not a silver bullet,” Malloy clarified. “But it does appear to be very helpful in a diversified portfolio for providing stable returns.”

A New App

AcreTrader currently offers a mix of land investment opportunities that fall between the following thresholds:

• Core: anticipated returns of 6 to 9 percent
• Core Plus: anticipated returns of 7 to 10 percent
• Opportunistic: anticipated returns greater than 10 percent

To better help would-be investors weigh the pros and cons of new investment options, AcreTrader launched a partner app called Acres, which allows users to access immediate, in-depth land data in the palm of their hand. “Over the course of evaluating thousands of farmland properties for the AcreTrader platform, we realized just how tough it is to systematically research farmland,” McClintock said. “It required jumping between multiple — sometimes costly — digital tools, county courthouses and our own databases. To solve this, we set out to build a land research platform for ourselves but quickly realized that this frustrating experience was not unique to us.” The result is Acres, launched in 2022. The app is now available for free to anyone, on both Android and Apple platforms. During the webinar, McClintock offered a quick tutorial spotlighting the Acres app’s capabilities. Drawing on GIS data, ag valuation tools, satellite images, and other key records, the app can help users quickly identify a specific land tract’s tillable acres, soil makeup, elevation, slope, current vegetation, crop history, flooding potential, and much more. It can also show the area’s average per-acre yields for various crops and the average rental cost of nearby land, per acre. “We really value this tool,” McClintock said. “It's an easy way to properly go through all of the various analyses you might need as you’re evaluating land.” ]]> 60311 0 0 0 https://landreport.com/2023/02/land-report-february-2023-newsletter/ Wed, 15 Feb 2023 09:00:49 +0000 https://landreport.com/2023/02/land-report-february-2023-newsletter-2/ Our February Newsletter features:

• Colorado’s Dunham Ranches Conserved
• 2023 Farmland Forecast
• Campbell Global Acquires 250,000 Acres
• Sold! Roper Island
• Bidders Wanted: 260-Acre Los Angeles Landmark
• Sponsored: Five Data Points You Should Know Before Buying Farmland

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 60955 0 0 0 https://landreport.com/2023/03/land-report-march-2023-newsletter/ Wed, 15 Mar 2023 00:00:49 +0000 https://landreport.com/2023/01/land-report-january-2023-newsletter-2/ Our March Newsletter features:

• Ted Turner Honored by State of New Mexico
• LandTrust Completes Series A Funding
• Farmland Partners Names New CEO
• 680 Acres on the Ocmulgee River Conserved
• Church of Jesus Christ of Latter-day Saints Donates Water Shares to Great Salt Lake
• Sponsored: Sealed Bid 14,000 Square-Foot Commercial Hangar at Bozeman Yellowstone International Airport

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 60319 0 0 0 https://landreport.com/2023/02/peter-zeihan-shares-geopolitical-forecast/ Fri, 24 Feb 2023 06:00:05 +0000 https://landreport.com/?p=60362 During his recent appearance at the 2023 Land Investment Expo, geopolitical analyst Peter Ziehan guided attendees through a fast-paced tour of global dynamics, including current and future trends in demographics, labor supply, trade, and farming. Drawing on points echoed in his 2022 book, The End of the World Is Just the Beginning: Mapping the Collapse of Globalization, Zeihan advanced several sweeping predictions over the course of his hour-long presentation. In one particularly candid moment, he told the crowd: “US farmers will try to feed the world. They will fail.” Setting up this revelation was Ziehan’s detailed premise that other, less stable agricultural nations, like Brazil, will soon feel the ill effects of the world’s current, destabilized supply chains. These disruptions will lead to downward trends in worldwide agricultural production over the next few decades. Specifically, Zeihan argued breakdowns in the shipment of key fertilizer ingredients such as potash and phosphate — due to Russia’s invasion of Ukraine and because of trade disruptions in China, respectively — mean countries with less stable agricultural bases will struggle to feed their own populations. “This is a [projected] famine that will ultimately claim a billion lives,” Zeihan said. In the midst of this turmoil, US farming will face a boom market. “For the next 40 years, US agriculture is the sector in the country that is going to do the best in absolute and relative terms,” Zeihan said. “If you are going to expand, now is the time.”

Demographics

Zeihan began his presentation with a chart-rich look at worldwide population metrics. As the birthrate has declined in the US, the workforce gap has grown. While the boomer generation was America’s largest ever, the zoomer generation — or Gen Z, those born between 1996 and 2010 — represents the smallest on record. The gap last year between exiting boomers and entering zoomers in the job market was 400,000 workers. That will grow to a peak of 900,000 in 2034, Zeihan said. Zeihan argued that while those statistics may sound alarming, the US labor supply will correct itself by around 2045. He stressed that from a workforce perspective, America is in far better shape than countries such as China, Japan, and Germany, which are witnessing, in his terms, a demographic “death-spiral.”

Geopolitics

Zeihan devoted ample time to discussing ways in which the war between Russia and Ukraine and political pressures between the US and China have disrupted supply chains worldwide. He offered several clear takeaways:

• With the disruption of the Nord Stream pipeline, Germany has lost access to 40 percent of the country’s natural gas supply. This disruption will disable the German manufacturing sector. “We’re looking at the end of the entire German manufacturing base within two years,” Zeihan said.
• The war will soon affect global fertilizer production because Russia is the world’s key source of potash.
• Fearing impacts from a potential African swine fever outbreak, China has pivoted to prioritize production of rice, its main source of food after pork. As a result, the country has drastically reduced exportation of phosphate, preferring to keep the mineral instead to fertilize its own rice fields.
• The dual disruption in worldwide phosphate and potash supply chains will lead to global agricultural productivity reductions, with potentially catastrophic results for less stable nations, as described earlier.

Energy Supply

Finally, Zeihan spoke at length about global allocation and distribution of oil and natural gas. The fact that the US sources an ample supply of its own energy from within its own borders gives it “options no one else has” going forward, Zeihan said. He added that the US has “the world’s largest, most diversified natural gas distribution system.” When it comes to clean energy options, Zeihan is in favor of them — but only where they make sense. “If you’re in the American Southwest, [solar is] great. If you’re in the Great Plains, wind is fantastic. We should do [clean energy] in those places,” he said. “But when I see solar panels going up in places like Eastern Idaho, a place with not great solar quotients, where it’s taking away prime farmland? That’s just idiotic.” ]]> 60362 0 0 0 https://landreport.com/2023/02/lost-marbles-ranch-conserved/ Mon, 27 Feb 2023 06:00:24 +0000 https://landreport.com/?p=60397 The McBride family has partnered with Aspen Valley Land Trust to conserve the remaining portions of Lost Marbles Ranch in Western Colorado. The family has now donated the bulk of their nearly 2,000-acre ranch to the land trust through two conservation easements, one completed in 2019 and the second announced recently. 

Family History

John and Laurie McBride bought Lost Marbles Ranch from Mt. Simmons Mining Company in 1979, according to The Aspen Times. The couple raised their three children at the ranch, and they still live there today. The property includes agricultural operations, primarily cattle grazing and hay production, as well as rich wildlife habitat. Conserving the land, John McBride said, was “just the right thing to do — for the land, for the wildlife, and for the valley.”

Conservation Corridor

Lost Marbles Ranch sits near Old Snowmass within the Capitol Creek Valley, just beneath the Elk Mountain Range. The ranch abuts the White River National Forest along its southern border. With this conservation announcement, the property joins a vast corridor of preserved private land that stretches across 5,300 acres and includes the nearby Capitol Creek Ranch, Harvey Ranch, and Weiben Ranch, among others. “There are not many large properties remaining to protect in the Roaring Fork Valley,” said Carly Bolliger, Aspen Valley Land Trust’s communication and engagement director. “The location of Lost Marbles Ranch, its proximity to public and other protected land, and its rich array of wildlife make this a special place that will benefit generations of residents and visitors to this valley.”

Ecologic Significance

Home to elk, black bears, moose, mountain lions, songbirds, raptors, and many other species, the ranch supports a rich array of wildlife, thanks in part to its location near several sources of fresh water. Sitting within the Capital Creek water basin — part of the larger Roaring Fork River watershed — the property includes a rich mix of streams, wetlands, and riparian areas. “Dedicating our land to its highest and best use, wildlife habitat, was an important and easy decision for our family,” said Pete McBride, John and Laurie’s son. “It is great to know the open space, agricultural legacy of this land will continue for generations to come — not just for its stewards and any livestock but also the elk, bear, beaver, raptors, songbirds, and so many more.” Through the conservation agreement, the ranch’s “rich biodiversity, associated stream fronts, water rights, and natural resources will now forever benefit this region,” Bolliger said.

About the Aspen Valley Land Trust

Aspen Valley Land Trust has partnered with community advocates and private landowners to protect more than 45,000 acres of land in the Roaring Fork and Colorado River valleys since 1967. ]]> 60397 0 0 0 https://landreport.com/2023/03/10-questions-chad-foster/ Wed, 01 Mar 2023 18:30:01 +0000 https://landreport.com/?p=60409 Tell us about your market. Where are you based? What are baseline costs for ranchland, farmland, and sporting properties per acre?

My team is based across the state of Texas, but we’re headquartered in Uvalde. We’ve sold properties in over 40 Texas counties — in one year, we sold real estate in 34 or 35 different counties. We’re lucky that we’re based in Texas because it’s an incredibly dynamic, reliable market, especially for ranching and farming. It seems to me that when times are good or bad, people in Texas are still buying land. We get significant investments from lucrative states like California, Florida, and more, which means that our prices have continued to increase pretty substantially over the course of the last 20 years.

It’s almost impossible to determine baseline costs for land in a state like Texas because the terrain varies so significantly from place to place. For instance, you can still buy ranchland in Texas for $350 an acre, but anything close to major metropolitan areas with a nearby water source will run you for tens of thousands of dollars an acre.

Farmland costs are a little easier to compare. Depending on the amount of water available on the land, you’re probably talking about anywhere from $3,500 to $6,000 per acre in irrigated farmland.

In Texas, it’s difficult to make a distinction between sporting property and ranchland, but it’ll probably cost around $2,500 to $5,000 an acre for a sporting property.

What do you specialize in as a broker? How does your book of business break down percentage wise as far as ranchland, farmland, and sporting properties?

I specialize in farms, ranches, and sporting properties, but more generally, I’d say
I specialize in large recreational properties in South Texas and the Texas Hill Country. While about 85 percent of our clients are buying for the recreational value of the property, our brokerage is unique because we have a deep understanding of agricultural operations. Because of that, we sell a fair amount of productive farmland and cattle operations, as well.

Your typical client wants to invest roughly how much — in a ranch, for a farm, or on a hunting property?

It’s difficult to determine an accurate average. We see a lot of buyers for smaller properties, but we also work closely with a more niche clientele that are looking to invest in our more substantial listings. The smaller listings tend to still be $1 million and over. 

Previous Next

What’s driving current markets? What are you getting the most calls about?

Because there’s still a lot of liquidity floating around in the current market, people are trying to find the safest place to invest money in right now. Raw land in Texas is appealing because it’s proven to be a smart, reliable place to invest money. In that vein, there are three major types of properties that we’ve been getting a lot of calls about: large land tracts close to major metropolitan areas, live water properties, and irrigated farmland. The most interest has been in larger land tracts close to major metropolitan areas because that’s proven to be one of the safest buys. Major cities are almost guaranteed to expand, and as they do, the property value of those land tracts increases with it. You can almost guarantee a return on investment.

You’re bullish on Irrigated farmland.

Why?

Because it’s something you can’t really recreate. One of the draws of a ranch is that it’s easy to flip and customize – the same isn’t necessarily true for a farm. The property has got to have a large amount of subsurface water to irrigate from to successfully produce crops. I’m bullish on raising awareness about these properties because there’s a finite amount of them, and Americans have to eat. We’re going to have to grow food as our population grows and there’s a finite amount of land we can consider truly good irrigated farmland.

What are the predominant crops?

Cotton and corn are our main two, but wheat is a rotational crop that comes into the mix on a regular basis. In the Rio Grande Valley and south Uvalde area where our brokerage is pretty active, we produce a variety of vegetables: cabbage, onions, cucumbers, broccoli, and watermelon, to name a few.

Are there any specific crops or locales you’ve identified as better opportunities?

I think the most important thing to look for when buying irrigated farmland in a specific area is the availability of water, which is based on a few different factors – it’s not just that the water is there and can be pumped, but also how restrictive governmental regulations are in that area.

Is there enough inventory to meet current demand? How far afield do you have to go to identify potential properties?

I would say that historically, demand has outpaced supply. Lately, though, there has been an increase in the number of irrigated farms to hit the market, so it’ll be interesting to see how quickly those are sold. If what has been put on the market recently gets bought in a hurry, it’ll show us that there’s a real shortage in availability of farmland that’s for sale. Foster Farm and Ranch is lucky enough to have a great network of land owners that confide in us about their real estate decisions, so in most instances we have the ability to sell farms before they’re ever truly marketed. We’re constantly working to stay in touch with land owners in case there is somebody that wants to sell.

Distance isn’t really a huge factor we deal with most of the time, because landowners with full-scale ranching and farming properties aren’t going to just pick up and move an operation. Farmers are most often going to buy land close to their existing operation.

Let’s talk water. Are there specific constraints or challenges where you are? Are water rights an issue?

Water rights and governmental regulations really depend on location. For example, in Uvalde you could have a water well that pumps 3,000 gallons per minute, but how much you can pump is restricted by the Edward Aquifer Authority, just for sustainability purposes. Voluntary suppression programs that pay you not to pump water from wells have also been instituted to help conserve water. In other parts of the state we work in, water is less limited but just not as prolific or available.

Gaze into your crystal ball and tell us about the Texas land market. What are your thoughts for 2023?

The product types I mentioned earlier (irrigated farmland, larger land tracts close to metropolitan areas, and live water) will continue to play a major role in the industry. However, I think that there are always smaller areas that will continue to stay busy – for instance, the Sand Sheet area of Texas will always be valuable and always sell. I think that those looking for smaller, more affordable ranches will pull back because of increased interest rates.

Overall, I predict a slight softening of the market, but that won’t happen unless more inventory becomes available. As long as there’s inventory constraints, things will continue to sell, and sell fast. I’m excited to see what’s to come this year!

]]> 60409 0 0 0 CHAD FOSTER OF FOSTER FARM & RANCH leads a team of brokers with over 90 years of experience in buying and selling properties in Texas and New Mexico.]]> Tell us about your market. Where are you based? What are baseline costs for ranchland, farmland, and sporting properties per acre?<\/h3>

My team is based across the state of Texas, but we\u2019re headquartered in Uvalde. We\u2019ve sold properties in over 40 Texas counties \u2014 in one year, we sold real estate in 34 or 35 different counties. We\u2019re lucky that we\u2019re based in Texas because it\u2019s an incredibly dynamic, reliable market, especially for ranching and farming. It seems to me that when times are good or bad, people in Texas are still buying land. We get significant investments from lucrative states like California, Florida, and more, which means that our prices have continued to increase pretty substantially over the course of the last 20 years.<\/p>

It\u2019s almost impossible to determine baseline costs for land in a state like Texas because the terrain varies so significantly from place to place. For instance, you can still buy ranchland in Texas for $350 an acre, but anything close to major metropolitan areas with a nearby water source will run you for tens of thousands of dollars an acre.<\/p>

Farmland costs are a little easier to compare. Depending on the amount of water available on the land, you\u2019re probably talking about anywhere from $3,500 to $6,000 per acre in irrigated farmland.<\/p>

In Texas, it\u2019s difficult to make a distinction between sporting property and ranchland, but it\u2019ll probably cost around $2,500 to $5,000 an acre for a sporting property.<\/p>

What do you specialize in as a broker? How does your book of business break down percentage wise as far as ranchland, farmland, and sporting properties?<\/h3>

I specialize in farms, ranches, and sporting properties, but more generally, I\u2019d say
I specialize in large recreational properties in South Texas and the Texas Hill Country. While about 85 percent of our clients are buying for the recreational value of the property, our brokerage is unique because we have a deep understanding of agricultural operations. Because of that, we sell a fair amount of productive farmland and cattle operations, as well.<\/p>

Your typical client wants to invest roughly how much \u2014 in a ranch, for a farm, or on a hunting property?<\/h3>

It\u2019s difficult to determine an accurate average. We see a lot of buyers for smaller properties, but we also work closely with a more niche clientele that are looking to invest in our more substantial listings. The smaller listings tend to still be $1 million and over.\u00a0<\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"38c6f9f"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false},{"id":"1480098","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"2b28e33"}]},"elements":[{"id":"60cd38b","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"94b3a07"}]},"elements":[{"id":"47c4ab2","elType":"widget","settings":{"slides":[{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2023\/03\/LR_ArrowHeadRanch_01.jpg","id":60428,"alt":"","source":"library"},"_id":"0906252","image_link_to_type":"file"},{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2023\/03\/LR_NineteenMileRanch.jpg","id":60430,"alt":"","source":"library"},"_id":"d594c13","image_link_to_type":"file"},{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2023\/03\/LR_Port-LavacaonthePowderhorn.jpg","id":60431,"alt":"","source":"library"},"_id":"01521db","image_link_to_type":"file"},{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2023\/03\/LR_ChadFoster-03.jpg","id":60432,"alt":"","source":"library"},"_id":"7f53b15","image_link_to_type":"file"},{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2023\/03\/1350_MountainRidge_814_Uvalde_AS-312-scaled.jpg","id":60434,"alt":"","source":"library"},"_id":"d53e095","image_link_to_type":"file"}],"slides_per_view":"1","height":{"unit":"px","size":440,"sizes":[]},"width":{"unit":"%","size":100,"sizes":[]},"autoplay_speed":8000,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6d9bb18"}]},"elements":[],"widgetType":"media-carousel"}],"isInner":false}],"isInner":false},{"id":"9786c7f","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"7d89bd8"}]},"elements":[{"id":"ef14b40","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"663a6e4"}]},"elements":[{"id":"f2e65aa","elType":"widget","settings":{"editor":"

What\u2019s driving current markets? What are you getting the most calls about?<\/h3>

Because there\u2019s still a lot of liquidity floating around in the current market, people are trying to find the safest place to invest money in right now. Raw land in Texas is appealing because it\u2019s proven to be a smart, reliable place to invest money. In that vein, there are three major types of properties that we\u2019ve been getting a lot of calls about: large land tracts close to major metropolitan areas, live water properties, and irrigated farmland. The most interest has been in larger land tracts close to major metropolitan areas because that\u2019s proven to be one of the safest buys. Major cities are almost guaranteed to expand, and as they do, the property value of those land tracts increases with it. You can almost guarantee a return on investment.<\/p>

You\u2019re bullish on Irrigated farmland.<\/h3>

Why?<\/h3>

<\/p>

Because it\u2019s something you can\u2019t really recreate. One of the draws of a ranch is that it\u2019s easy to flip and customize \u2013 the same isn\u2019t necessarily true for a farm. The property has got to have a large amount of subsurface water to irrigate from to successfully produce crops. I\u2019m bullish on raising awareness about these properties because there\u2019s a finite amount of them, and Americans have to eat. We\u2019re going to have to grow food as our population grows and there\u2019s a finite amount of land we can consider truly good irrigated farmland.<\/p>

What are the predominant crops?<\/h3>

Cotton and corn are our main two, but wheat is a rotational crop that comes into the mix on a regular basis. In the Rio Grande Valley and south Uvalde area where our brokerage is pretty active, we produce a variety of vegetables: cabbage, onions, cucumbers, broccoli, and watermelon, to name a few.<\/p>

Are there any specific crops or locales you\u2019ve identified as better opportunities?<\/h3>

I think the most important thing to look for when buying irrigated farmland in a specific area is the availability of water, which is based on a few different factors \u2013 it\u2019s not just that the water is there and can be pumped, but also how restrictive governmental regulations are in that area.<\/p>

Is there enough inventory to meet current demand?\u00a0How far afield do you have to go to identify potential properties?<\/span><\/h3>

I would say that historically, demand has outpaced supply. Lately, though, there has been an increase in the number of irrigated farms to hit the market, so it\u2019ll be interesting to see how quickly those are sold. If what has been put on the market recently gets bought in a hurry, it\u2019ll show us that there\u2019s a real shortage in availability of farmland that\u2019s for sale. Foster Farm and Ranch is lucky enough to have a great network of land owners that confide in us about their real estate decisions, so in most instances we have the ability to sell farms before they\u2019re ever truly marketed. We\u2019re constantly working to stay in touch with land owners in case there is somebody that wants to sell.<\/p>

Distance isn\u2019t really a huge factor we deal with most of the time, because landowners with full-scale ranching and farming properties aren\u2019t going to just pick up and move an operation. Farmers are most often going to buy land close to their existing operation.<\/p>

<\/p>

Let\u2019s talk water. Are there specific constraints or challenges where you are? Are water rights an issue?<\/h3>

Water rights and governmental regulations really depend on location. For example, in Uvalde you could have a water well that pumps 3,000 gallons per minute, but how much you can pump is restricted by the Edward Aquifer Authority, just for sustainability purposes. Voluntary suppression programs that pay you not to pump water from wells have also been instituted to help conserve water. In other parts of the state we work in, water is less limited but just not as prolific or available.<\/p>

Gaze into your crystal ball and tell us about the Texas land market. What are your thoughts for 2023?<\/h3>

The product types I mentioned earlier (irrigated farmland, larger land tracts close to metropolitan areas, and live water) will continue to play a major role in the industry. However, I think that there are always smaller areas that will continue to stay busy \u2013 for instance, the Sand Sheet area of Texas will always be valuable and always sell. I think that those looking for smaller, more affordable ranches will pull back because of increased interest rates.<\/span><\/p>

Overall, I predict a slight softening of the market, but that won\u2019t happen unless more inventory becomes available. As long as there\u2019s inventory constraints, things will continue to sell, and sell fast. I\u2019m excited to see what\u2019s to come this year!<\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"c73bac0"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2023/03/farmland-partners-names-new-ceo/ Wed, 01 Mar 2023 06:00:43 +0000 https://landreport.com/?p=60524 Farmland Partners Inc. (FPI) recently named Luca Fabbri as its new president and CEO. Fabbri succeeds Paul Pittman, who will remain with the company as executive chairman of the board. Fabbri cofounded FPI as a public company with Pittman in 2014. He has served as the company’s chief financial officer and treasurer from its inception, before assuming the position of president in October 2021. “This appointment is a natural progression in a process started with Luca’s appointment as president in 2021,” Pittman said when the succession plan was announced. “There is no one I trust more than Luca to help chart a course for FPI’s future, and I look forward to continuing our close collaboration for years to come.” Prior to cofounding FPI, Fabbri was an executive in finance, technology, and agriculture. He has a bachelor’s degree in economics from the University of Naples and an MBA in finance from the Massachusetts Institute of Technology. “At the heart of FPI is an entrepreneurial spirit and a talented team that’s passionate about agriculture and farmland,” Fabbri said. “I’m proud to lead this tight-knit group as we continue to deliver for shareholders. And I will always be grateful to Paul and the board for the trust they’ve placed in me.”

About Farmland Partners Inc.

FPI is a publicly traded, internally managed real estate investment trust that purchases, leases, and manages high-quality farmland throughout North America. As of December 31, 2022, FPI owned or managed approximately 196,100 acres in 19 states. Its portfolio includes 26 crop types and more than 100 tenants. ]]> 60524 0 0 0 https://landreport.com/2023/03/indiana-farmland-sells-for-nearly-20000-per-acre/ Fri, 03 Mar 2023 06:00:59 +0000 https://landreport.com/?p=60526 Three adjacent tracts of Northeast Indiana farmland totaling 121 acres sold for $2.425 million ($19,984 per acre) during a January 30 auction conducted by Schrader Real Estate and Auction Company. The productive, tillable farm in Jackson Township, in Allen County, runs adjacent to Indiana State Route 101 and Edgerton Road and includes soils that are primarily Hoytville silty clay with pockets of Nappanee silt loam.

Notable Farmland Sale

The farm had previously been owned by the Delana Levy Limited Partnership and the Levy Family Trust. After attracting the attention of 25 bidders from Indiana and Ohio, the farm was purchased by local operators, whom Schrader Real Estate and Auction Company declined to name. “Several things are noteworthy about this result," said R.D. Schrader, the auction company’s president. "It's rare to see prices per acre in the $20,000 range with all the serious competition coming from local operators. We had investors in the room, but they dropped out quickly as bidders focused their attention on the farm as an entirety.” The farm’s sale price of nearly $20,000 per acre is well above the average cost for top-quality Indiana farmland — which, according to the most recent Purdue Farmland Value and Cash Rents Survey, was $12,808 per acre in 2022.

Demand Strong

Despite the soaring prices, Schrader predicts farmland demand to remain strong going forward. “Interest rates have leveled off a bit, and farmland is an excellent investment for those seeking to avoid the volatility of stock and commodity markets,” he said. “Farmland has also historically been a great hedge against inflation.”

About Shrader Real Estate and Auction Company

Schrader Real Estate and Auction Company, based in Columbia City, Indiana, is a leading auctioneer of agricultural land and equipment throughout the United States. The company is a five-time USA Today/National Auctioneers Association Auction of the Year winner. ]]> 60526 0 0 0 https://landreport.com/2023/03/land-prices-remain-strong/ Thu, 02 Mar 2023 06:00:13 +0000 https://landreport.com/?p=60528 Dr. Bruce Sherrick, a professor of farmland economics and director of the TIAA Center for Farmland Research at the University of Illinois, shared insights on recent soaring agricultural land prices during a breakout session at the 2023 Land Investment Expo. The presentation highlighted several key insights from the National Land Values Report 2022, written by Sherrick and published by Peoples Company.

Farmland Values

Sherrick began his presentation by walking attendees through what he called a “remarkable rise” in per-acre prices for cropland in America between 2020 and 2022. To prove his point, Sherrick showed a US map with state-by-state per-acre gains during this period. Every state in the Corn Belt witnessed greater than 20 percent gains in agricultural land prices over the past two growing seasons, with Kansas and Nebraska illustrating the highest increases at 41.83 percent and 37.61 percent, respectively.

Farm Returns

Rising land prices can be linked directly to historically high commodity prices. These led to higher-than- average farm incomes, which were further buoyed by federal direct-farm payments over the last two years. “It was just kind of a perfect storm on the way up,” Sherrick said. “Incomes have been exceedingly high and continue to be exceedingly high. It’s been a two-year bull run in agriculture that we haven’t seen before.” Sherrick then shared a US map of state-by-state data on “cropland total return” values, which factor net farm income minus land interest and operating expenses. Between 2020 and 2022, most Corn Belt states netted greater than 20 percent returns. These returns, Sherrick said, help explain why agricultural land is in fact, not overpriced — despite the record-high per-acre averages states like Iowa are seeing. “People often ask me, ‘Isn’t farmland overpriced?’” Sherrick told the crowd. “And the answer is, of course not. Markets are not that dumb.”

Desired Asset Class

During the presentation, which also touched on the effects of inflation and farm insurance on recent farm incomes, Sherrick referenced several free online tools available on the University of Illinois farmdoc site, including the recently released 2023 Crop Insurance Premium Calculator. While recent booms in land values and commodities returns may be attracting the interest of would-be investors, land availability remains slim. Citing what he called a “thin market” currently happening in ag land sales, Sherrick noted that last year in Illinois, only 2 percent of the state’s agricultural land changed ownership in arm’s length transactions. Leaving the crowd with a lighter note of reflection, Sherrick acknowledged that a conversation among any gathered group of farmers would likely eventually include complaints about the high costs of ag land currently. But those same farmers readily admit that they’re eager to buy more land, even at today’s prices — and they’re none too eager to sell. “When I ask farmers, ‘Who wants to buy more land?’ everyone’s hands go up,” Sherrick said. “But when I say, ‘How about I buy your land at today’s prices — for a price you think is too high.’ And their hands all go down.” Sherrick explains the reaction simply: Everyone involved in land understands there’s no other asset class they’d rather own. “Land is essentially a tax-free asset class,” he said. “Plus, there is a real intransigence [to let land go]. People don’t want to depart from this asset class because they have such great, personal feelings around it. We all want to be part of American agriculture.” ]]> 60528 0 0 0 https://landreport.com/2023/03/gopherridge/ Fri, 03 Mar 2023 18:58:06 +0000 https://landreport.com/2022/11/forest-park-ranch-2/ Located immediately north of Immokalee, Gopher Ridge is in the middle of Florida’s fruit and vegetable basket. Known for its warm winters and fertile soil, Collier County is home to some of the most successful agribusinesses in the world. Historically, this parcel has produced high-yielding round oranges for juice production.

In addition to its agricultural roots, this parcel is located immediately northwest of Immokalee Airport, a community centerpiece. Constructed for bomber training in World War II, the airfield has hosted commercial and private jets, including an emergency landing of a Southwest Airlines passenger jet. Surrounding the airport is a business incubator with plans for additional commercial development. The Naples airport during the winter months is over capacity, and the Immokalee Airport often receives its overflow.

With development all around Southwest Florida, much of the very best farmland is being converted to residential and commercial developments leaving farm operators with little land. Not all land is farmland. Though the citrus industry now has many therapies to stabilize production losses seen over the last decade, this parcel could be in part or whole transitioned to row crop farmland.

A main power line that links many of the power plants in the Southeast runs through Gopher Ridge. West of this parcel is one of the largest solar power farms in the region, which links Gopher Ridge directly to significant power infrastructure. Solar power is another possible transitional use for this property. Furthermore, a planned Immokalee bypass will be soonconstructed with many of the proposed pathways going through this parcel.

Collier County created the Rural Lands Stewardship Area to manage growth and protect sensitive land species. Though complex, this plan offers many opportunities for this parcel to transfer, buy, and/or sell its development rights. Endangered species credits can also be explored.

Not often does a tract of land this size or quality become available in Collier County. While agriculture is thought to be its current highest and best use, many other opportunities are available on this property. Such as mining, residential development, commercial/industrial development, and solar.

https://www.youtube.com/watch?v=gfirMco7LCc

SVN | Saunders Ralston Dantzler

Dean Saunders, ALC, CCIM

(863) 774-3522

Learn More ]]> 60534 0 0 0 ]]> Located immediately north of Immokalee, Gopher Ridge is in the middle of Florida\u2019s fruit and vegetable basket. Known for its warm winters and fertile soil, Collier County is home to some of the most successful agribusinesses in the world. Historically, this parcel has produced high-yielding round oranges for juice production.<\/p>

In addition to its agricultural roots, this parcel is located immediately northwest of Immokalee Airport, a community centerpiece. Constructed for bomber training in World War II, the airfield has hosted commercial and private jets, including an emergency landing of a Southwest Airlines passenger jet. Surrounding the airport is a business incubator with plans for additional commercial development. The Naples airport during the winter months is over capacity, and the Immokalee Airport often receives its overflow.<\/p>

With development all around Southwest Florida, much of the very best farmland is being converted to residential and commercial developments leaving farm operators with little land. Not all land is farmland. Though the citrus industry now has many therapies to stabilize production losses seen over the last decade, this parcel could be in part or whole transitioned to row crop farmland.<\/p>

A main power line that links many of the power plants in the Southeast runs through Gopher Ridge. West of this parcel is one of the largest solar power farms in the region, which links Gopher Ridge directly to significant power infrastructure. Solar power is another possible transitional use for this property. Furthermore, a planned Immokalee bypass will be soonconstructed with many of the proposed pathways going through this parcel.<\/p>

Collier County created the Rural Lands Stewardship Area to manage growth and protect sensitive land species. Though complex, this plan offers many opportunities for this parcel to transfer, buy, and\/or sell its development rights. Endangered species credits can also be explored.<\/p>

Not often does a tract of land this size or quality become available in Collier County. While agriculture is thought to be its current highest and best use, many other opportunities are available on this property. Such as mining, residential development, commercial\/industrial development, and solar. <\/p>","drop_cap":"yes","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"e704b58"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false},{"id":"1250795","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d2dc097"}]},"elements":[{"id":"1d137bb","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"c3ac6a8"}]},"elements":[{"id":"3438946","elType":"widget","settings":{"youtube_url":"https:\/\/www.youtube.com\/watch?v=gfirMco7LCc","vimeo_url":"https:\/\/vimeo.com\/235215203","dailymotion_url":"https:\/\/www.dailymotion.com\/video\/x6tqhqb","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"0265898"}]},"elements":[],"widgetType":"video"},{"id":"efd6c20","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"6aaf895","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}]},"elements":[{"id":"868af00","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2023\/03\/SVN_Logo.png","id":60539,"alt":"","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}]},"elements":[],"widgetType":"image"},{"id":"5672037","elType":"widget","settings":{"title":"SVN | Saunders Ralston Dantzler","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60"}]},"elements":[],"widgetType":"heading"},{"id":"c9b1e83","elType":"widget","settings":{"editor":"

Dean Saunders, ALC, CCIM<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"7bc383c","elType":"widget","settings":{"editor":"

(863) 774-3522<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"75ef218","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/www.saundersrealestate.com\/properties\/?propertyId=gopher-ridge","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true}],"isInner":false}],"isInner":false}]]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> https://landreport.com/2023/03/kansas-farmland-auction/ Mon, 06 Mar 2023 06:00:33 +0000 https://landreport.com/?p=60605 AgWest Land Brokers is handling the online auction of the productive cropland farm and cattle ranch, which also has potential as a sports or hunting property. The property’s unnamed seller “has worked over 40 years to put this outstanding farm and ranch together,” said Jeff Moon, the AgWest Land broker overseeing the auction. The land lies close to Highway 83 very near the Kansas-Nebraska border. All mineral rights owned by the seller, if any, will convey to the buyer(s).

Interest Expected to Be High

Rarely does a farm of this size come to market at public auction. As a result, interest in the property has been strong. Moon said he’s already received calls about the property from local landowners as well as prospective buyers from across the US. “We anticipate a lot of interest for this property because of the quality of non-irrigated cropland the farm offers and the large tracts of hardland grass that are available to buy at auction,” Moon added.

Productive Ag Potential

The income-producing farm offers large pastures with ample water sources, making it an ideal option for cattle production. The property also includes both irrigated and non-irrigated cropland that has been used to grow wheat, milo, and corn, Moon said.

Attractive Wildlife Habitat

Featuring creek frontage along Beaver Creek, the land is an attractive habitat for mule deer, whitetail deer, upland birds, and turkey. “It’s an outstanding opportunity for outdoor enthusiasts looking for a great hunting property,” Moon said.

Auction Specifics

Bidding will take place online at Bid.AgWestLand.com. The auction will start to soft close at 11 am Central Time on March 21. The farm will be offered in seven individual tracts, with no combinations allowed.

• Tract 1 includes 754 total acres, including 99 non-irrigated cropland acres, 67 irrigated cropland acres, and 587 native grass acres
• Tract 2 includes 491 total acres, including 369 non-irrigated cropland acres and 121 native grass acres
• Tract 3 includes 85 total acres, including 74 non-irrigated cropland acres and nearly 10 native grass acres
• Tract 4 includes 617 total acres, including 347 non-irrigated cropland acres, 86 irrigated cropland acres, and 182 native grass acres
• Tract 5 includes 620 total acres, including 429 non-irrigated cropland acres and 190 native grass acres
• Tract 6 includes 1,522 total acres, including 448 non-irrigated cropland acres and 1,073 native grass acres
• Tract 7 includes 1,962 total acres, including 350 non-irrigated cropland acres, 77 irrigated cropland acres, and 1,534 native grass acres

More details about the property can be found on the AgWest Land Brokers' website. ]]> 60605 0 0 0 https://landreport.com/2023/03/680-acres-on-the-ocmulgee-river-conserved/ Fri, 10 Mar 2023 06:00:34 +0000 https://landreport.com/?p=60610 The Georgia Department of Natural Resources recently announced the acquisition of a 680-acre recreational tract on the Ocmulgee River in Houston County. Tom Tuggle of Saunders Ralston Dantzler brokered the $1.8 million ($2,750 an acre) transaction. The Central Georgia property had been zoned for agriculture, but its size and adjacency to the Ocmulgee River made it an ideal candidate to be incorporated into the 13,450-acre Oaky Woods Wildlife Management Area. The land will be used for hunting, fishing, and other outdoor recreational activities.

Conservation Partnership

The land transaction was made possible with funds from the Georgia Department of Natural Resources and a significant donation from an anonymous benefactor. Although the brokerage did not name the previous property owner in its news release, Georgia Outdoor News listed the prior owner as Atlanta attorney and avid sportsman James “Jimmy” Paul. According to the website, he bought the land in 1996. “This is a quality recreational tract with over two miles of river frontage along the Ocmulgee River,” said Tuggle. “I am thrilled to have successfully brokered this deal for my client, and I cannot wait to work on many more conservation projects.”

Outdoor Recreation

The addition to the 13,450-acre Oaky Woods Wildlife Management Area gives visitors new access to 2.5 miles of the Ocmulgee River bottom and extends recreational opportunities for both hunting and fishing enthusiasts. Hunting for deer, wild hogs, turkey, and small game will be allowed with proper permissions. Fishing along the river and within its sloughs will be permitted too. The land tract is also prized for its scenic beauty: At the property’s Buzzard's Roost location, visitors can gaze down 100 feet into the Ocmulgee River as it runs into the ridge.

About SVN | Saunders Ralston Dantzler

SVN | Saunders Ralston Dantzler Real Estate is a full-service land and commercial real estate brokerage with over $4.5 billion in transactions representing buyers, sellers, investors, institutions, and landowners since 1996. The firm specializes in land transactions of all types, including agriculture, ranch, recreation, residential development, and international properties. ]]> 60610 0 0 0 https://landreport.com/2023/03/lykes-bros-nature-conservancy-chaparral-slough/ Mon, 20 Mar 2023 06:00:30 +0000 https://landreport.com/?p=60700 The Nature Conservancy recently announced a partnership with Lykes Bros. Inc. to secure a conservation easement for Chaparral Slough. The 6,859-acre wildlife corridor in Southwest Florida serves as a vital passageway for animals in the Fisheating Creek Wildlife Management Area.

Preserving the land

The 11-mile long, 1-mile wide corridor was certified as eligible for protection under the Florida Forever land conservation program because it provides a crucial connection between protected Florida habitats south of the Caloosahatchee River to Fisheating Creek.

The newly established conservation easement in Chaparral Slough ensures that it will stay under Lykes family ownership for agricultural use and that no commercial development will happen there in the future.

“Florida lands are under significant pressure as development moves inland from the coast. I think we're back up to just about 1,000 people a day locating to Florida, and as we grow to support that new population — including roadway development and housing construction — it creates more human-wildlife impact,” said Lindsay Stevens, The Nature Conservancy’s director of land protection and sustainable communities strategy.

Key asset for wildlife

The corridor is particularly critical for survival of the Florida panther because the endangered cats are known to use it as a pathway within their expansive roaming territory.

“The Florida panther needs a lot of room to roam. Male panthers have an extensive territory — they require close to 200 square miles — while females need around 75 square miles of land,” Stevens said. Preserving Chaparral Slough ensures the panthers “have a connected corridor to travel and to thrive,” she said.

The land within Chaparral Slough features a vast array of natural habitats, including depression marsh, forested wetlands, floodplain swamp, dry prairie, and mesic pine flatwoods. As a result, many other species, including black bear, gopher tortoise, eastern indigo snake, Florida sandhill crane, wood stork, and the Florida burrowing owl also use the corridor as a thoroughfare or have their habitats within it.

“The Nature Conservancy has long recognized the need to establish and expand interconnected landscapes that provide nature room to move and grow while offering people necessary spaces for agriculture, recreation and resilience to a changing climate. Chaparral Slough is a prime example of a functional wildlife corridor and is a key step in our Florida panther protection efforts,” said Temperince Morgan, The Nature Conservancy’s Southern Division Director. 

Previous Next

Successful partnership

The Lykes family has owned the land within Chaparral Slough for generations. The Nature Company has been working with Lykes Bros. Inc. since the 1990s to enact measures to protect the region. In 2015, the land was officially included within the Fisheating Creek Ecosystem of the Florida Forever project. The recent conservation easement agreement further establishes the corridor’s long-term protection.

“Lykes Bros. Inc. has had a longstanding partnership with the Nature Conservancy. We realize we’re stronger when we work together,” Lykes Bros. Inc. CEO Johnnie James Jr. said in a video interview announcing the land’s preservation. “I really see this partnership continuing for decades to come.”

[caption id="attachment_61055" align="alignright" width="300"] CRESTED CARACARA flies over Lykes Chaparral Slough against a blue sky.[/caption]

“The Lykes family’s outstanding stewardship of this land since the 1930s has successfully combined a working cattle ranch, sustainable forestry and private hunting with tremendous wildlife habitat that supports some of the rarest species in Florida. The Nature Conservancy commends the Lykes family for its commitment to conservation, and fully recognizes the essential role the Florida Forever program, administered by the Florida Department of Environmental Protection, has in bringing projects like Chaparral Slough to completion,” Stevens said in a statement announcing the collaboration.

About Lykes Bros. Inc.

Lykes Bros. Inc. manages 615,000 acres in Florida and Texas for cattle, farming, forestry, hunting, and land and water resource management.

About The Nature Conservancy

Founded in the US through grassroots action in 1951, The Nature Conservancy has grown to become one of the most wide-reaching environmental organizations in the world, with conservation impacts in 79 countries and territories around the globe.

]]> 60700 0 0 0 The Nature Conservancy<\/strong><\/a>\u00a0recently announced a partnership with <\/span>Lykes Bros. Inc.<\/a><\/strong>\u00a0to secure a conservation easement for <\/span>Chaparral Slough<\/strong><\/a>. The 6,859-acre wildlife corridor in Southwest Florida serves as a vital passageway for animals in the <\/span>Fisheating Creek Wildlife Management Area<\/strong><\/a>.<\/span><\/p>

Preserving the land<\/h2>

The 11-mile long, 1-mile wide corridor was certified as eligible for protection under the <\/span>Florida Forever<\/a><\/strong>\u00a0land conservation program because it provides a crucial connection between protected Florida habitats south of the Caloosahatchee River to Fisheating Creek.<\/span><\/p>

The newly established conservation easement in Chaparral Slough ensures that it will stay under Lykes family ownership for agricultural use and that no commercial development will happen there in the future.<\/span><\/p>

\u201cFlorida lands are under significant pressure as development moves inland from the coast. I think we're back up to just about 1,000 people a day locating to Florida, and as we grow to support that new population \u2014 including roadway development and housing construction \u2014 it creates more human-wildlife impact,\u201d said Lindsay Stevens, The Nature Conservancy\u2019s director of land protection and sustainable communities strategy.<\/span><\/p>

Key asset for wildlife<\/h2>

The corridor is particularly critical for survival of the Florida panther because the endangered cats are known to use it as a pathway within their expansive roaming territory.<\/span><\/p>

\u201cThe Florida panther needs a lot of room to roam. Male panthers have an extensive territory \u2014 they require close to 200 square miles \u2014 while females need around 75 square miles of land,\u201d Stevens said. Preserving Chaparral Slough ensures the panthers \u201chave a connected corridor to travel and to thrive,\u201d she said.<\/span><\/p>

The land within Chaparral Slough features a vast array of natural habitats, including depression marsh, forested wetlands, floodplain swamp, dry prairie, and mesic pine flatwoods. As a result, <\/span>many other species, including black bear, gopher tortoise, eastern indigo snake, Florida sandhill crane, wood stork, and the Florida burrowing owl a<\/span>lso use the corridor as a thoroughfare or have their habitats within it.<\/span><\/p>

\u201cThe Nature Conservancy has long recognized the need to establish and expand interconnected landscapes that provide nature room to move and grow while offering people necessary spaces for agriculture, recreation and resilience to a changing climate. Chaparral Slough is a prime example of a functional wildlife corridor and is a key step in our Florida panther protection efforts,\u201d said Temperince Morgan, The Nature Conservancy\u2019s Southern Division Director.\u00a0<\/span><\/p>","drop_cap":"yes","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"71d5eb0"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false},{"id":"4f43f0f","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"ab6cbb2"}]},"elements":[{"id":"04f117c","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"23164f8"}]},"elements":[{"id":"c8cba8c","elType":"widget","settings":{"slides":[{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2023\/03\/LR_Lykes-Brothers_Carlton-Ward-Jr_Path-of-the-Panther-02.jpg","id":61048,"alt":"","source":"library","size":""},"_id":"f83465a","image_link_to_type":"file"},{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2023\/03\/LR_Lykes-Brothers_Carlton-Ward-Jr_Path-of-the-Panther-03.jpg","id":61050,"alt":"","source":"library","size":""},"image_link_to_type":"file","_id":"81e66d3"},{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2023\/03\/LR_Lykes-Brothers_Carlton-Ward-Jr_Path-of-the-Panther-05.jpg","id":61051,"alt":"","source":"library","size":""},"_id":"0132266","image_link_to_type":"file"}],"slides_per_view":"1","height":{"unit":"px","size":400,"sizes":[]},"width":{"unit":"%","size":100,"sizes":[]},"autoplay_speed":8000,"caption":"caption","overlay_animation":"slide-up","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"4b6eafa"}]},"elements":[],"widgetType":"media-carousel"}],"isInner":false}],"isInner":false},{"id":"dc34483","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"9c7238c"}]},"elements":[{"id":"166f9ea","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"2594f52"}]},"elements":[{"id":"d06878a","elType":"widget","settings":{"editor":"

Successful partnership<\/h2>

The Lykes family has owned the land within Chaparral Slough for generations. The Nature Company has been working with Lykes Bros. Inc. since the 1990s to enact measures to protect the region. In 2015, the land was officially included within the Fisheating Creek Ecosystem of the Florida Forever project. The recent conservation easement agreement further establishes the corridor\u2019s long-term protection.<\/span><\/p>

\u201cLykes Bros. Inc. has had a longstanding partnership with the Nature Conservancy. We realize we\u2019re stronger when we work together,\u201d <\/span>Lykes Bros. Inc. CEO Johnnie James Jr. said in a <\/strong><\/span>video interview<\/strong><\/a>\u00a0announcing the land\u2019s preservation. \u201cI really see this partnership continuing for decades to come.\u201d<\/span><\/p>[caption id=\"attachment_61055\" align=\"alignright\" width=\"300\"]<\/a> CRESTED CARACARA<\/b> flies over Lykes Chaparral Slough against a blue sky.[\/caption]

\u201cThe Lykes family\u2019s outstanding stewardship of this land since the 1930s has successfully combined a working cattle ranch, sustainable forestry and private hunting with tremendous wildlife habitat that supports some of the rarest species in Florida. The Nature Conservancy commends the Lykes family for its commitment to conservation, and fully recognizes the essential role the Florida Forever program, administered by the <\/span>Florida Department of Environmental Protection<\/strong><\/a>, has in bringing projects like Chaparral Slough to completion,\u201d Stevens said in a statement announcing the collaboration.<\/span><\/p>

About Lykes Bros. Inc.<\/h3>

Lykes Bros. Inc.<\/strong><\/a>\u00a0manages 615,000 acres in Florida and Texas for cattle, farming, forestry, hunting, and land and water resource management.<\/span><\/p>

About The Nature Conservancy<\/h3>

Founded in the US through grassroots action in 1951, <\/span>The Nature Conservancy<\/a><\/strong>\u00a0has grown to become one of the most wide-reaching environmental organizations in the world, with conservation impacts in 79 countries and territories around the globe.<\/span> <\/span><\/p>","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"7af9421"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2023/03/east-foundation-earns-aro-status/ Thu, 23 Mar 2023 13:25:15 +0000 https://landreport.com/?p=60813 The East family’s Diamond Bar brand has long set a standard of excellence. Throughout the 20th century, Tom T. East Sr., Alice Gertrudis Kleberg East, and their descendants forged a reputation as pioneering South Texas ranchers.

Since 2012, the East Foundation has embraced and expanded upon the family’s legacy as ranchers and conservationists. A new designation — the first of its kind in the nation — will enable the East Foundation to make an even greater impact through its ranching, science, and educational programs.

In late 2022, East Foundation was designated the nation’s first agriculture research organization (ARO). Established by Congress in 2015 to ease some of the regulations on ag-oriented nonprofits, AROs engage in continuous active research with the goal of benefiting long-term agricultural producers such as farmers and ranchers.

With rangeland diminishing across the Lone Star State, the East Foundation’s 217,000 acres, spread across six ranches in Jim Hogg, Kenedy, Starr, and Willacy Counties, could rightly be considered a living laboratory of conservation. The foundation partners with local universities with the goal of educating future leaders in ranching, wildlife biology, and land management.

Educational Partnerships

Partnerships with Texas A&M, Texas A&M – Kingsville, the King Ranch Institute for Ranch Management, and the Caesar Kleberg Wildlife Research Institute made East Foundation an ideal candidate for the ARO designation. As a research-conducting organization with an overarching educational mission, East Foundation contributes funding along with providing land, equipment, facilities, and staff.

[caption id="attachment_60837" align="alignright" width="200"] SUSTAINABILITY The six ranches balance livestock, wildlife, and rangeland health.[/caption]

“We already had a track record of success as a research organization,” says James Powell, the East Foundation’s director of communications. Powell adds a lofty goal for the organization: “Our vision is to be the leading voice for the importance of private land stewardship in the US.”

The East Foundation has worked with more than 50 graduate students. Each is enrolled in a master’s level or PhD program under the supervision of a faculty member in the Texas A&M system. The current class of 10 students includes graduates of Princeton, the University of Georgia, and Ohio State.

“They live, work, and breathe their science in the midst of a large, private, operating cattle ranch, and it completely changes their perspective on private land stewardship, what that means, and the role of private lands in conservation and maintaining sustainable agriculture production,” says East Foundation CEO Neal Wilkins. The goal is to provide a firm foundation for these future scientists, ranch managers, and policymakers.

Next Generation of Leaders

Research scientist Andrea Montalvo earned her undergraduate degree at the University of Vermont before pursuing a doctorate in wildlife science through the East Foundation and the Caesar Kleberg Wildlife Research Institute at Texas A&M University – Kingsville.

A year before receiving her PhD, Montalvo was hired by the East Foundation to work out of the Hebbronville office, where she leads some of the foundation’s large-scale monitoring projects, which serve to document the impacts of management on landscape function.

From January to July, Montalvo and her team, which includes several graduate students, monitor a variety of species of small mammal populations. From April through July, Montalvo’s team also tracks the grassland birds that are native to the ranch, which include bobwhite quail, meadowlarks, and certain sparrows.

“I’m available to the graduate students partly because of proximity,” says Montalvo, who also co-chairs the committees of two of the PhD students. “On top of their own research, we want them to grow as leaders. They are young and are trying to figure out how to manage people and navigate conflict.”

Roel Lopez, director for the Texas A&M Natural Resources Institute and a professor in the university’s department of rangeland, wildlife, and fisheries management, describes the work of the East Foundation as “helping to operationalize the land-grant mission of A&M. We are walking hand in hand with them, and the fact they’re an ARO now will only strengthen the relationship,” he says.

Wilkins notes that the ARO designation also “relieves constraints on effective policy engagement. Private foundations are prohibited from direct policy advocacy, but not AROs.”

“Policy advocacy can sometimes have a negative connotation,” says Jason Sawyer, chief science officer for East Foundation. “But we know that many decision-makers may be removed from direct land ownership. As an objective voice, we can help to avoid the unintended consequences of well-intended policy action through the advocacy-education-engagement process.”

For his part, Clay Mathis, director of the King Ranch Institute for Ranch Management, appreciates the foundation’s ongoing efforts toward profitable livestock production. “It’s the balance of multiple uses of the land,” he says, adding that the average graduate of his program manages nearly 200,000 acres.

Sophisticated Ranch Operators

“We are purposefully developing them to manage the most complex ranching operations in the world,” says Mathis. The institute’s master of science students spend time on East Foundation lands in service-learning projects about strategic planning, grazing systems, disease management, and more.

Wilkins describes the foundation’s focus on educating the next generation of ag leaders as “a long game,” one that his dedicated board of directors has supported for more than a decade. The efforts are paying off. Today, men and women who have spent time on East Foundation ranches are now in leadership positions in more than 20 states.

East Foundation’s educational efforts don’t start at the graduate level. The foundation’s Behind the Gates program brings some 3,000 South Texas schoolchildren to the El Sauz and San Antonio Viejo Ranches each year.

Most of the young students have never spent time on a working cattle ranch. Thanks to East Foundation’s new status as an ARO, corporations can now sponsor the program.

“They fall in love with the natural landscape of South Texas,” Wilkins says. “For many, it’s the only experience they’ve ever had of where their Whataburger comes from.”

Wilkins believes that East Foundation was perfectly positioned to blaze trails as the nation’s first ARO because partnering with organizations, especially universities, to promote private-land stewardship through its operations and scientific research dwells in the foundation’s DNA. “The ARO designation really means we can do what we do more effectively,” he says.

“We’re not a preserve or a refuge of some kind,” Sawyer adds. “These are working landscapes that will help anyone involved in agriculture make better decisions based on science and land stewardship.”

]]> 60813 0 0 0 DIAMOND BAR This iconic brand is a vestige of South Texas's Wild Horse Desert.]]> The historic home of the Diamond Bar is recognized as the nation’s first agricultural research organization.

]]> The East family\u2019s Diamond Bar brand has long set a standard of excellence. Throughout the 20th century, Tom T. East Sr., Alice Gertrudis Kleberg East, and their descendants forged a reputation as pioneering South Texas ranchers.<\/p>\n

Since 2012, the East Foundation<\/b><\/a> has embraced and expanded upon the family\u2019s legacy as ranchers and conservationists. A new designation \u2014 the first of its kind in the nation \u2014 will enable the East Foundation to make an even greater impact through its ranching, science, and educational programs.<\/p>\n

In late 2022, East Foundation was designated the nation\u2019s first agriculture research organization (ARO). Established by Congress in 2015 to ease some of the regulations on ag-oriented nonprofits, AROs engage in continuous active research with the goal of benefiting long-term agricultural producers such as farmers and ranchers.<\/p>\n

With rangeland diminishing across the Lone Star State, the East Foundation\u2019s 217,000 acres, spread across six ranches in Jim Hogg, Kenedy, Starr, and Willacy Counties, could rightly be considered a living laboratory of conservation. The foundation partners with local universities with the goal of educating future leaders in ranching, wildlife biology, and land management.<\/p>\n

Educational Partnerships<\/h2>\n

Partnerships with Texas A&M, Texas A&M \u2013 Kingsville, the King Ranch Institute for Ranch Management, and the Caesar Kleberg Wildlife Research Institute made East Foundation an ideal candidate for the ARO designation. As a research-conducting organization with an overarching educational mission, East Foundation contributes funding along with providing land, equipment, facilities, and staff.<\/p>\n[caption id=\"attachment_60837\" align=\"alignright\" width=\"200\"]<\/a> SUSTAINABILITY<\/b> The six ranches balance livestock, wildlife, and rangeland health.[\/caption]\n

\u201cWe already had a track record of success as a research organization,\u201d says James Powell, the East Foundation\u2019s director of communications. Powell adds a lofty goal for the organization: \u201cOur vision is to be the leading voice for the importance of private land stewardship in the US.\u201d<\/p>\n

The East Foundation has worked with more than 50 graduate students. Each is enrolled in a master\u2019s level or PhD program under the supervision of a faculty member in the Texas A&M system. The current class of 10 students includes graduates of Princeton, the University of Georgia, and Ohio State.<\/p>\n

\u201cThey live, work, and breathe their science in the midst of a large, private, operating cattle ranch, and it completely changes their perspective on private land stewardship, what that means, and the role of private lands in conservation and maintaining sustainable agriculture production,\u201d says East Foundation CEO Neal Wilkins. The goal is to provide a firm foundation for these future scientists, ranch managers, and policymakers.<\/p>\n

Next Generation of Leaders<\/h2>

Research scientist Andrea Montalvo earned her undergraduate degree at the University of Vermont before pursuing a doctorate in wildlife science through the East Foundation and the Caesar Kleberg Wildlife Research Institute at Texas A&M University \u2013 Kingsville.<\/p>\n

A year before receiving her PhD, Montalvo was hired by the East Foundation to work out of the Hebbronville office, where she leads some of the foundation\u2019s large-scale monitoring projects, which serve to document the impacts of management on landscape function.<\/p>\n

From January to July, Montalvo and her team, which includes several graduate students, monitor a variety of species of small mammal populations. From April through July, Montalvo\u2019s team also tracks the grassland birds that are native to the ranch, which include bobwhite quail, meadowlarks, and certain sparrows.<\/p>\n

\u201cI\u2019m available to the graduate students partly because of proximity,\u201d says Montalvo, who also co-chairs the committees of two of the PhD students. \u201cOn top of their own research, we want them to grow as leaders. They are young and are trying to figure out how to manage people and navigate conflict.\u201d<\/p>\n

Roel Lopez, director for the Texas A&M Natural Resources Institute and a professor in the university\u2019s department of rangeland, wildlife, and fisheries management, describes the work of the East Foundation as \u201chelping to operationalize the land-grant mission of A&M. We are walking hand in hand with them, and the fact they\u2019re an ARO now will only strengthen the relationship,\u201d he says.<\/p>\n

Wilkins notes that the ARO designation also \u201crelieves constraints on effective policy engagement. Private foundations are prohibited from direct policy advocacy, but not AROs.\u201d<\/p>\n

\u201cPolicy advocacy can sometimes have a negative connotation,\u201d says Jason Sawyer, chief science officer for East Foundation. \u201cBut we know that many decision-makers may be removed from direct land ownership. As an objective voice, we can help to avoid the unintended consequences of well-intended policy action through the advocacy-education-engagement process.\u201d<\/p>\n

For his part, Clay Mathis, director of the King Ranch Institute for Ranch Management, appreciates the foundation\u2019s ongoing efforts toward profitable livestock production. \u201cIt\u2019s the balance of multiple uses of the land,\u201d he says, adding that the average graduate of his program manages nearly 200,000 acres.<\/p>\n

Sophisticated Ranch Operators<\/h2>\n

\u201cWe are purposefully developing them to manage the most complex ranching operations in the world,\u201d says Mathis. The institute\u2019s master of science students spend time on East Foundation lands in service-learning projects about strategic planning, grazing systems, disease management, and more.<\/p>\n

Wilkins describes the foundation\u2019s focus on educating the next generation of ag leaders as \u201ca long game,\u201d one that his dedicated board of directors has supported for more than a decade. The efforts are paying off. Today, men and women who have spent time on East Foundation ranches are now in leadership positions in more than 20 states.<\/p>\n

East Foundation\u2019s educational efforts don\u2019t start at the graduate level. The foundation\u2019s Behind the Gates program brings some 3,000 South Texas schoolchildren to the El Sauz and San Antonio Viejo Ranches each year.<\/p>\n

Most of the young students have never spent time on a working cattle ranch. Thanks to East Foundation\u2019s new status as an ARO, corporations can now sponsor the program.<\/p>\n

<\/a><\/p>\n

\u201cThey fall in love with the natural landscape of South Texas,\u201d Wilkins says. \u201cFor many, it\u2019s the only experience they\u2019ve ever had of where their Whataburger comes from.\u201d<\/p>\n

Wilkins believes that East Foundation was perfectly positioned to blaze trails as the nation\u2019s first ARO because partnering with organizations, especially universities, to promote private-land stewardship through its operations and scientific research dwells in the foundation\u2019s DNA. \u201cThe ARO designation really means we can do what we do more effectively,\u201d he says.<\/p>\n

\u201cWe\u2019re not a preserve or a refuge of some kind,\u201d Sawyer adds. \u201cThese are working landscapes that will help anyone involved in agriculture make better decisions based on science and land stewardship.\u201d <\/p>","drop_cap":"yes","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"6db1e72"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> https://landreport.com/2023/03/ted-turner-honored-by-state-of-new-mexico/ Mon, 20 Mar 2023 06:00:05 +0000 https://landreport.com/?p=60863 The New Mexico legislature formally recognized Ted Turner and the Turner Foundation on March 9 for their stewardship and philanthropic support of New Mexico’s lands and wildlife.

State Recognition

Senate Memorial 62 was introduced and sponsored by New Mexico State Senator Joseph Cervantes, a member of the state’s Senate Conservation Committee.  The bill recognized Ted Turner as the largest private landowner in New Mexico and lauded his work to convert the historic properties he owns into nature reserves that are open to the public. It further acknowledged the Turner Foundation’s donations of nearly $1.2 million in grants to various youth, conservation, and education organizations in New Mexico. The formal recognition also credited Ted Turner Reserves — the hospitality company that oversees guest operations on Turner’s New Mexico properties — with contributing more than $2.8 million in tax revenues to the state since its conception in 2019.

New Mexico Holdings

Ted Turner owns more than 1 million acres of land in the state of New Mexico. His properties include Vermejo, a 550,000-acre reserve in the northern Rocky Mountain region; Ladder, a 156,000-acre reserve at the base of the Black Range in the southern desert basin region; and Armendaris, a 360,000-acre reserve in the Chihuahuan Desert. These reserves are home to a variety of land conservation and endangered species protection efforts, including the restoration of vital habitats, reintroduction of native flora and fauna, and forest management to prevent wildfires. “Mr. Turner’s deep love and appreciation for these lands compels him to share them with the world in the hopes of inspiring others in his mission to ‘Save Everything,’ and protect the planet for future generations,” said a spokesperson for Ted Turner Reserves.

About Ted Turner Reserves

Ted Turner Reserves is a hospitality brand grounded in conservation with a mission to connect people with nature. Encompassing 1.1 million acres, the properties of Ted Turner Reserves provide an opportunity for guests to visit and experience luxurious hospitality, outdoor activities, and unfettered access to nature. ]]> 60863 0 0 0 https://landreport.com/2023/03/banking-data-for-agriculture/ Mon, 13 Mar 2023 06:00:36 +0000 https://landreport.com/?p=60865 In the past, assessing agricultural risk was a complex process filled with time-consuming, manual research — if the necessary farm records could be obtained at all. Today, banks both large and small can access new analysis tools that have revolutionized the agricultural loan process. Jim O’Brien, CEO of Agrograph, a global agrifinance company based in Wisconsin, highlighted this technological transformation in a recent article for the ABA Banking Journal.

Empowering banks and loan seekers

O’Brien lauds the new agricultural data tools’ ability to provide a “more nuanced view of a farm’s risk” than was possible in more traditional risk assessment strategies. By using historical-level field data models, data on risk-based pricing and production volatility, and other in-depth analysis models, banks are now better equipped to provide accurate, in-depth appraisals for each farm seeking a loan. Using these new tools, banks can “create a clear farm risk score that is scientifically validated and easy to compare between farms,” O’Brien writes. Further, the soundness of the data could potentially allow even risk-averse banks to feel more secure in providing ag loans to small farmers. In this way, banks are “in a better position to serve their customers than they were 40 years ago,” O’Brien says. ]]> 60865 0 0 0 https://landreport.com/2023/03/landtrust-completes-series-a-funding/ Wed, 15 Mar 2023 06:00:29 +0000 https://landreport.com/?p=60868 LandTrust, a new online land sharing marketplace, has recently completed its $6 million Series A funding. LandTrust connects landowners with outdoor enthusiasts seeking access to private lands for outdoor recreation. Akin to home-sharing sites like Airbnb and Vrbo, LandTrust lets landowners share access to their private lands for a range of outdoor recreational experiences, including hunting, fishing, bird-watching, foraging, and RVing.

New Opportunities for Outdoor Recreation

LandTrust listings currently include more than 1 million acres in the Rocky Mountain West and Great Plains. Users can search listings by state, property name, or activity. With the newly acquired funding, LandTrust expects to expand to five additional states in 2023. The funding round was led by Wilks Brothers — who ranked No. 13 on the 2022 Land Report 100  — with participation from the Kevin O’Leary-directed Wonder Fund North Dakota. “Our LandTrust investment marks the first among a strong pipeline of investments we will make in 2023,” said O’Leary. “We believe in Nic [De Castro, LandTrust CEO] and his team and their ability to execute a bold vision to open up more opportunities for outdoor recreation while creating new revenue streams for landowners.” In addition to serving as the lead investor in LandTrust’s Series A financing, Wilks Brothers is also adding hundreds of thousands of acres of its own lands to the platform. "We invested in LandTrust and are adding some of our lands to the platform because it allows us to provide the general public access to our private land in a safe, secure, and simple way to create a more equitable and accessible outdoor experience for all,” said Justin Wilks, executive vice president at Wilks Brothers.

Innovative Land Income Stream

The goal of the company, according to LandTrust CEO Nic De Castro, is to open millions of acres of private land to allow outdoor enthusiasts to “have new experiences and create lasting memories.” The platform offers a unique opportunity for landowners to generate a new income stream from their land through recreational rentals.  “At LandTrust, we believe the future of working lands will be dependent on a portfolio of income from agricultural production, conservation, and recreational opportunities,” De Castro said.

About LandTrust

LandTrust is an online marketplace that creates income for landowners and recreational opportunities for outdoor enthusiasts. LandTrust currently lists over 1 million acres offering do-it-yourself outdoor opportunities, including hunting, fishing, bird-watching, foraging, and farm and ranch tours. Learn more at LandTrust. ]]> 60868 0 0 0 https://landreport.com/2023/03/western-landowners-alliance-receives-climate-funding/ Fri, 17 Mar 2023 06:00:59 +0000 https://landreport.com/?p=60871 Western Landowners Alliance has received $15 million from the USDA’s Partnership for Climate-Smart Commodities program. The goal of the funding program, according to the USDA, is to combat the climate crisis by partnering with agriculture, forestry, and rural communities to provide climate solutions that strengthen rural America. In an email to supporters, Western Landowners Alliance Executive Director Lesli Allison noted that the funds will help the alliance “collaboratively develop a new model for working lands management, conservation, and financing that values how ranching and ecosystem services like clean water, healthy soils, and carbon storage can go together.”

Developing Climate-Smart Models for Land Management

Recipients of the most recent round of Climate-Smart Commodities funding were announced in December. Of the 71 projects funded nationally, 3 will be led by Western Landowners Alliance. Each project received $5 million in federal support:

Northern New Mexico Hub of the Western Working Lands Climate-Smart Network

• Lead Partner: Western Landowners Alliance
• Partners: Working Lands Conservation, National Latinos Farmers and Ranchers
• Goal: Empower New Mexico Latino and underserved beef and pork producers and their partners to develop, implement, monitor, quantify, and broker climate-smart livestock projects.

Southwest Hub of the Working Lands Climate-Smart Network

• Lead Partner: Western Landowners Alliance
• Partners: Working Lands Conservation, Indian Nations Conservation Alliance
• Goal: Empower Southwest tribal beef and pork producers and their partners to develop, monitor, quantify, and broker climate-smart livestock projects.

Colorado Hub of the Western Working Lands Climate-Smart Network

• Lead Partner: Western Landowners Alliance
• Partners: Working Lands Conservation, National Latino Farmers and Ranchers, Central Colorado Conservancy
• Goal: Model a successful, durable, and transferable climate-smart commodities market model to regenerate working landscapes.

Rethinking Land Use

In a recent webinar, Western Landowners Alliance Stewardship Coordinator Breanna Owens discussed the projects and their overall mission, which she described as an investment in “place-based partnerships to normalize climate-smart management on western livestock operations.” Through these projects, the alliance hopes to continue its work to develop land management techniques that balance functionality for agriculture commodity production alongside environmental sustainability. “Our landscapes are capable of so much more than we’re giving them credit for,” Owens said.

About Western Landowners Alliance

Western Landowners Alliance advances policies and practices that sustain working lands, connected landscapes, and native species. The alliance strives to provide a collective voice and shared knowledge base for landowners striving to keep the land whole and healthy. Learn more at Western Landowners Alliance. ]]> 60871 0 0 0 https://landreport.com/2023/03/church-of-jesus-christ-of-latter-day-saints-donates-water-shares/ Wed, 22 Mar 2023 06:00:19 +0000 https://landreport.com/?p=60879 To benefit the Great Salt Lake, The Church of Jesus Christ of Latter-day Saints will donate more than 5,700 water shares in the North Point Consolidated Irrigation Company to the State of Utah. The donation, believed to be the largest-ever permanent donation to benefit the Great Salt Lake, ensures water will continue to flow to the lake and preserve critical shoreline and wetland habitat in Farmington Bay.

Historic Donation

Announced on March 15, the donation is equivalent to more than 20,000 acre-feet of water, or roughly the water supply for 20,000 single-family homes. The water was historically used for agricultural purposes, but this donation ensures that water from these shares will now flow to the lake in perpetuity. “We’re grateful to The Church of Jesus Christ of Latter-day Saints for this generous donation,” said Utah Governor Spencer Cox. “This water donation will make a real difference to the lake and the future of our state. The Great Salt Lake is a critical asset environmentally, ecologically, and economically, and we all need to work together to protect and preserve it.”

Vital Ecosystem

The Great Salt Lake is the largest saline lake in the Western Hemisphere and the eighth largest in the world. It serves as a key water resource for a complex web of regional needs, including Utah’s residential communities, agricultural production, native wildlife species, and outdoor recreation seekers. “The Great Salt Lake and the ecosystem that depends on it are so important. The Church wants to be part of the solution because we all have a responsibility to care for and be good stewards of the natural resources that God has given to us. We invite others to join with us to help,” said Bishop W. Christopher Waddell, First Counselor in the Presiding Bishopric of the Church. The Utah Department of Natural Resources (DNR) will manage the donation, working in collaboration with the Great Salt Lake Watershed Enhancement Trust.

Critical Water Levels

Great Salt Lake water levels reached a historic low of just 4,1901 feet in July 2022, prompting officials to call for action to protect the natural resource. A drying Great Salt Lake has local and regional consequences and could result in increased dust, poor air quality, reduced snow, reduced lake access, habitat loss, and negative economic consequences to the state. “This generous donation is an exceptional contribution to ensuring water flows to preserve the lake and its special habitats, while also benefiting Utah communities, said Marcelle Shoop, Executive Director of the Great Salt Lake Watershed Enhancement Trust. “We are extremely appreciative of this commitment being made by the Church, the efforts of the DNR, and the collaborative approach to addressing the water needs of the lake.”

Essential Water Source for the Region

The Great Salt Lake contributes $1.9 billion to Utah’s economy, provides over 7,700 jobs, supports 80 percent of Utah’s valuable wetlands, and provides irreplaceable breeding and stopover habitats for millions of birds to rest and refuel during migration each year. Lake effect snow also contributes to between 5 percent and 10 percent of Utah’s annual snowpack. “This donation is invaluable because it’s a permanent, dedicated source of water that will benefit the lake year after year. I appreciate the collaborative effort among the Church, the DNR, and other conservation groups,” said Joel Ferry, Executive Director of the Utah DNR. “We look forward to continuing to work together to safeguard the lake.” ]]> 60879 0 0 0 https://landreport.com/2023/03/leading-harvest-expands-to-australia/ Fri, 24 Mar 2023 06:00:32 +0000 https://landreport.com/?p=60881 Leading Harvest has expanded its sustainability reporting platform to include agricultural production in Australia. Announced in mid-March, the nonprofit’s new presence in Australia will include 21 crop types grown across roughly 540,000 hectares across all six states. Participants include Altora Ag, Australian Food and Fibre, Southern Premium Vineyards, Stahmann Webster, Manulife Investment Management, goFARM Australia, Warakirri Asset Management, and RRG Capital Management.

Uniform, Streamlined Sustainability Standards

Profiled in The Land Report prior to its US launch in 2020, Leading Harvest provides farmers and agriculture customers access to a universal certification process through its unique Farmland Management Standard. The standard — which consists of 13 sustainability principles, including soil health and conservation, protection of crops, waste and material management, and legal and regulatory compliance — provides a measurable way to verify sustainability outcomes that affect communities and the environment. According to the nonprofit, the Farmland Management Standard results in less administrative burden for farmers and more planet-friendly choices for consumers.

Australian Program Launch

The Australian program’s recent official launch follows a successful 12-month pilot program, facilitated by Mutual Trust, that included farmland producers from across Australia. “The overarching mission for our program in Australia, consistent with our strategy in the US and globally, is to harmonize the sustainability reporting landscape to create more efficiency for producers, more transparency for consumers and the supply chain, and to improve environmental and social outcomes,” said Kenny Fahey, Leading Harvest’s CEO. Based on a model pioneered in the US, Leading Harvest’s Australian Farmland Management Standard is unique to Australia and reflects the agronomic, regulatory, and operating realities of its growing regions. “We are proud to have facilitated the pilot on behalf of Leading Harvest and to have served as its Australian advisor over the past year,” said Phil Harkness, Mutual Trust’s CEO. “We understand that the Leading Harvest initiative provides a much-needed third-party sustainability assurance solution that the Australian agricultural market demands. We celebrate Leading Harvest’s launch and look forward to seeing its success.”

About Leading Harvest

Leading Harvest is a nonprofit organization committed to increasing adoption of sustainability practices in agriculture. It was formally organized in 2020 by and for stakeholders across the agricultural value chain — from farmland owners to companies and communities. The organization provides assurance programs composed of standards, audit procedures, training and education, and reporting and claim offerings that are optimized for flexibility, scalability, and impact. ]]> 60881 0 0 0 https://landreport.com/2023/03/for-sale-colorados-owl-canyon-ranch/ Tue, 14 Mar 2023 06:00:01 +0000 https://landreport.com/?p=60884 Owl Canyon Ranch, a 1,862-acre ranch in Northern Colorado, is on the market for $12.5 million (approximately $6,745 an acre). The property is listed by Mason & Morse Ranch Company brokers John Stratman and Karen Mikkelson. This sale marks the first time that large parcels of the property have come to market in more than 50 years. The ranch has been owned by the Weaver family since 1969.

Potential as working ranchland, conservation tract, or new development

Located off US Highway 287 northwest of Fort Collins, the historic working cattle ranch features lush native pastures and picturesque rock ridges and canyons. In recent years, it has been used primarily as a winter grazing ground for cattle. The property could be preserved as a private ranch with possibilities for conservation easement protection. The land also has strong potential for small-parcel development because a large-scale water development project — including two reservoirs and a series of pipelines — is under development for the area. Glade Reservoir, the project’s anticipated primary reservoir, is expected to be ready for water by 2028 in an area just southwest of the ranch, at the base of the Poudre Canyon. Once complete, the five-mile-long reservoir will hold 170,000 acre-feet of water, bringing opportunities for fishing and other public recreation to the region. “Being a transition property, the ranch is a great investment as its future value will only increase due to its location and development considerations,” its brokers said.

Unique history and wildlife

The ranch’s abundant watering holes attract large elk herds as well as deer, antelope, coyote, and birds of prey. The property’s active wildlife make it an attractive investment opportunity for naturalists and hunting enthusiasts alike. According to the brokers, the property owners have prioritized sound grassland management practices and careful preservation of the many Indian settlement artifacts — including teepee rings and pigmented stones — still present on the land. “Rarely does a significant holding with prime location, size, recreational, wildlife, historical, and development considerations come to market along the greater Front Range of Colorado. This is a significant opportunity for a prime investment for a discerning buyer,” the property’s brokers said. ]]> 60884 0 0 0 https://landreport.com/2023/03/jordan-winery-commits-to-sustainability/ Mon, 27 Mar 2023 06:00:58 +0000 https://landreport.com/?p=60886 Jordan Vineyard and Winery, a renowned 1,200-acre estate in California wine country, has announced a series of hikes to honor Earth Week 2023.

Environmental commitment

The scheduled daily hikes give visitors an opportunity to explore the Sonoma County estate. There, they can learn more about its sustainable winemaking practices, which include a focus on achieving carbon neutrality and adopting environmentally friendly farming techniques. “The Jordan team carefully considers the impact that every winemaking and business decision has on native ecosystems, along with our greater carbon footprint,” said a winery spokesperson.

Sustainably produced wines

A certified sustainable vineyard and winery, Jordan Winery’s eco-conscious farming practices include targeted irrigation for water conservation, careful monitoring of soil moisture and nutrient levels, and practices to support the life cycles of beneficial insects and animals on the property. Deeply committed to clean energy, Jordan Winery derives roughly 70 percent of its electricity from hillside solar arrays on its property. “The energy garnered from the winery’s solar panels equates to saving nearly 55,000 gallons of gasoline or the equivalent to the carbon sequestered in 580 acres of forest land,” a winery spokesperson said.

Supporter of native habitats

To encourage beneficial insects and other natural predators — which help keep harmful pests at bay — the winery maintains large swaths of natural habitats around its vineyards. In fact, 75 percent of the winery’s 1,200 acres is natural landscape. In addition to its grape vines, the property is also home to a 2-acre estate garden, which produces fresh fruits and vegetables for on-site dining, and 8 acres of dedicated pollinator gardens that serve as way stations for area bees and butterflies. The property’s two lakes provide a key water source to native birds, bats, and other mammals. Jordan Vineyards is home to a wide range of native species, including four different species of heron, quail, hawks, black-tailed rabbits, deer, coyote, jackrabbits, and turkeys. At times, visiting golden and bald eagles can be seen on the property.

About Jordan Winery

Jordan Winery is owned and operated by John Jordan, whose parents founded the winery in 1972. In addition to being a Certified California Sustainable Vineyard & Winery, Jordan is also Fish Friendly Farming, Fish Friendly Ranching, and Bee Friendly Farming certified. Learn more about the vineyard’s sustainability certifications and awards on its blog. ]]> 60886 0 0 0 https://landreport.com/2023/03/adena-springs-accepting-offers/ Wed, 29 Mar 2023 06:00:35 +0000 https://landreport.com/?p=60888 Celebrated Thoroughbred breeding farm Adena Springs is on the market and accepting offers. Listing agency Icon Global will accept sealed offer bids or conventional contract offers on the 2,300-acre Central Kentucky horse farm between March 28 and May 15. Bids for the entire property as well as subdivided parcels will be accepted, though the seller reserves the right to finalize a sale before the stated bid closure date.

One-of-a-kind equestrian property

Home to legendary racing champions Ghostzapper, Mucho Macho Man, Awesome Again, and others, Adena Springs has been on the market for $55 million ($23,900 an acre) since June 2022, following a brief canceled listing in 2017. The property includes 20 barns and more than 250 horse stalls, multiple executive homes, a 24-unit employee residential village, 20 miles of paved roads, and more than 80 miles of horse fencing, according to Bloodhorse. While the property is valued at more than $50 million, “replacement costs today to replicate this farm and its amenities, in my opinion, would far exceed $100 million,” Icon Global’s Bernard Uechtritz said in a statement.

Looking for the next steward

Interest in the storied property has been high among those in the horseracing industry, according to Icon Global. “We have canvassed the spectrum of equestrian industry disciplines since announcing the intent to sell, and as a result we are engaged in various discussions with prospects regarding new ownership,” Uechtritz said. “However, my mandate is to first explore and exhaust all interest and opportunities from global racing entities and identities in selecting the next steward.” Designed from the ground up and established in 2007 by Frank Stornach, Adena Springs was created to be one of the world’s premier Thoroughbred stallion breeding operations. Its facilities, however, are flexible enough to accommodate a range of horse operations and breeds, according to its brokers. The property also has potential as a horse park or event center. According to Icon Global, during this open bid period, buyers can express their interest on a single sale opportunity or choose from any combination of one or more subdivided parcels together with various barns, pastures, amenities, and improvements. ]]> 60888 0 0 0 https://landreport.com/2023/04/new-mexico-invests-in-land-and-water-conservation/ Mon, 03 Apr 2023 06:00:57 +0000 https://landreport.com/?p=61084 New Mexico Governor Michelle Lujan Grisham recently signed Senate Bill 9, bringing the Land of Enchantment Legacy Fund into law. An initiative of Western Landowners Alliance that was shaped across five years of bipartisan negotiations between legislators, state agencies, community stakeholders, and NGOs, the Land of Enchantment Legacy Fund creates New Mexico’s first dedicated and long-term funding stream for land and water conservation.

Prioritizing conservation

The historic bill was funded with an initial $100 million appropriation, which will be divided into two funds. The first, an expendable fund, will be allocated to existing state conservation programs beginning in fiscal year 2024. The second, a permanent fund, will gain interest to be distributed to the expendable fund each year. Lesli Allison, Western Landowners Alliance executive director, celebrated the conservation potential of the new fund. “As landowners, we know that the fate of New Mexico is directly tied to the land and natural resources that sustain us all,” Allison said. “The Land of Enchantment Legacy Fund is a visionary investment in our shared future. … It will enable us to restore our watersheds, provide for increased water security, improve agricultural productivity, conserve and restore soils and wildlife habitats, protect cultural resources, and increase outdoor recreational opportunities for all New Mexicans.” The fund hopes to raise an additional $350 million in combined funding in coming years to ensure interest from the program’s permanent funds are sufficient to support conservation efforts in all 33 counties and all tribal communities within New Mexico. 

About the Land of Enchantment Legacy Fund

The Land of Enchantment Legacy Fund is New Mexico’s first dedicated source of recurring funding for land and water conservation. It prioritizes support for programs that enhance land and water stewardship, forest and watershed health, outdoor recreation and infrastructure, sustainable agriculture and working lands management, historic preservation, and wildlife species protection. ]]> 61084 0 0 0 https://landreport.com/2023/04/acretrader-becomes-licensed-broker-dealer/ Wed, 05 Apr 2023 06:00:21 +0000 https://landreport.com/?p=61098 AcreTrader Financial, LLC, a wholly owned subsidiary of AcreTrader, Inc. recently announced its status as an SEC-licensed broker-dealer and member of FINRA/SIPC. The new broker-dealer capabilities will “greatly benefit both our investors and our farmland partners,” AcreTrader Director of Investments Drew Lipke said in a video announcing the service expansion. Achieving licensing as a broker-dealer will enable AcreTrader to partner in a greater capacity with farmers to grow their operations, allowing the company to advise farmers as investment sponsors and assist them with private placements to raise growth capital, the company said in a press release. AcreTrader allows farmers to source, structure, and drive their own investment offerings in a sponsor model that — while common in traditional real estate transactions — represents a novel shift from financing options traditionally available in land and agriculture investments. “AcreTrader’s sponsor model creates a mutually beneficial structure that allows enterprising growers access to capital to scale their operations while providing investors direct access to true experts in the field,” said Lipke.

Easing access to land investment

AcreTrader officials say its status as a broker-dealer will strengthen the online platform’s ability to provide investors with access to quality land investment opportunities. “The difficulty with land investment has always been access, and by becoming a licensed broker-dealer, we believe we can further increase access to high-quality farmland and timber investments to both individual and institutional investors,” Lipke said. “When you combine the expertise of our in-house farm team with the local market knowledge and local relationships our farmland partners possess, it can create a truly unique land sourcing capability for investors on our platform,” Lipke added.

About AcreTrader

Founded in 2018, AcreTrader is an online land investment platform currently managing more than 40,000 acres in the US and Australia. AcreTrader empowers its customers to buy and sell land smarter through advanced technology, data, and expertise. Explore current offerings. ]]> 61098 0 0 0 https://landreport.com/2023/04/grassland-crp-offers-incentives-for-wildlife-grazing/ Fri, 07 Apr 2023 06:00:49 +0000 https://landreport.com/?p=61100 The Farm Service Agency’s Grassland Conservation Reserve Program (CRP) provides ranchers with yearly payments for sustaining wildlife grazing habitats while allowing livestock production activities to continue on the land. A recent webinar organized by Western Landowners Alliance offered guidance on navigating the 2023 application window, which will open soon.

Supporting Agriculture and Native Species

Grassland CRP is a voluntary habitat lease program that contracts with agricultural landowners and operators to protect native grasslands essential to grazing wildlife species, including bison, elk, and deer. Unlike other FSA-supported CRP programs that require removal of lands from agriculture production, Grassland CRP allows landowners and agricultural operators to continue using accepted lands for grazing as well as hay and seed production as long as sustainable grassland procedures are in place. “Grassland CRP is a working lands program, which is designed to support continued livestock grazing in a manner that also accommodates the needs of wildlife,” Western Landowners Alliance Executive Director Lesli Allison told webinar attendees. Eligible lands must include no more than 5 percent tree-covered canopy and feature an established cover of FSA-approved grass and shrub species. Applicants must have owned their land for at least 12 months before applying for program admission. Lands accepted into the program will receive a tailored conservation plan developed by the National Resources Conservation Service and annual payments — typically $13 to $18 an acre, depending on current county rates — during the 10- to 15-year tenure of the habitat lease agreement. Additionally, certain properties may be eligible for a 50 percent cost share for fencing and other wildlife-supportive infrastructures. During the webinar, national and state-level Grassland CRP authorities encouraged interested landowners to reach out to their county FSA service office to learn more about the program and specific eligibility requirements before the application window closes, likely in May.

2023 Priorities

Applications for Grassland CRP participation are ranked on a set criteria of indicators, with preference given to lands in certain grassland priority zones. This year’s priority zones include designated wildlife migration corridors within the Greater Yellowstone Ecosystem, including western Wyoming, southern Montana, and eastern Idaho. Ranking indicators for 2023 applications should be released by FSA soon.

New Opportunities for Wyoming Ranchers

A pilot program partnership between the state of Wyoming and the USDA offers new opportunities for Wyoming landowners to enroll in Grassland CRP and still remain eligible for cost-share programs, such as the USDA-supported Environmental Quality Incentives Program. During the webinar, Western Landowners Alliance staff emphasized their availability to assist Wyoming landowners in navigating this new incentive layering opportunity. If the pilot program is successful, it will likely grow to include other states. The USDA-Wyoming partnership pilot “really grew out of conversations with landowners and public agencies and local stakeholders, and the Grassland Conservation Reserve Program is one of the tools in that partnership,” Allison said.]]> 61100 0 0 0 https://landreport.com/2023/04/2023-land-report-texas/ Mon, 10 Apr 2023 06:00:35 +0000 https://landreport.com/?p=61108 Our 2023 Texas Issue features:

• Texas Ten: Our exclusive analysis of the Lone Star State’s largest private landowners.

• King Charles in Kingsville: Retrace the journey of the Prince of Wales as he visits Armstrong Ranch in 1977.

• The Art of Predator Calling: Join the State Photographer of Texas on an epic adventure that has lasted more than 50 years.

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram. ]]> 61108 0 0 0 https://landreport.com/2023/04/hawaiis-dillingham-ranch-sells/ Mon, 10 Apr 2023 06:00:57 +0000 https://landreport.com/?p=61117 Dillingham Ranch, a 2,740-acre oceanfront property on the north shore of Oahu, has sold for $36.5 million ($13,321 an acre), which represents a 44 percent reduction from the original listing price of $65 million. The Wall Street Journal reported the sale to an undisclosed buyer in March. The historic property includes a working cattle ranch, a 3,000-square-foot lodge, an equestrian center, polo fields, and a palm tree nursery. It is famed as the filming site of TV series Lost and Hawaii Five-O, among other productions. The property is also an in-demand site for weddings and other group events. The ranch borders Hawaii’s Moloka’i Forest Reserve and stretches from the ocean to the ridgeline of the Waianae Mountains. According to the most recent property listing, the ranch was marketed as 11 distinct land parcels.

Development Plans

California-based real estate investment firm Kennedy Wilson purchased the property in 2006 for $26 million. In 2012, the ranch was listed on the market for $65 million, as reported in The Land Report Top Ten. Various news outlets suggested plans were in place to develop portions of the property into as many as 70 residential lots. However, facing local resistance, those plans fell through, and the property did not sell. Kennedy Wilson listed the property again in May 2019 for $52 million and later reduced the asking price to $40 million. Most recently, the property had been listed by Matt Beall of Hawai’i Life. It was marketed by Matt Davis of Cushman & Wakefield and Anthony Provenzano of Cushman & Wakefield ChaneyBrooks. A blog post by Hawai’i Life broker Beth Thoma Robinson suggests the property had been in escrow for multiple months in 2021 with another interested buyer before it returned to market and the final buyer was found. Buyer’s agent Neal Norman of Hawai’i Life declined to name his client, but he told the Wall Street Journal that the property would remain a ranch.

Historic Pedigree

Established in 1897 by Hawaii rail tycoon Benjamin Franklin Dillingham, Dillingham Ranch has a long history of hosting celebrities and dignitaries, including General George S. Patton and King Charles III. Dillingham Ranch’s historic lodge, built in 1917 and known as “The Big House,” has been returned to its original period condition following a multimillion-dollar restoration.]]> 61117 0 0 0 https://landreport.com/2023/04/virginias-linden-farm-to-sell-at-auction/ Wed, 12 Apr 2023 06:00:36 +0000 https://landreport.com/?p=61125 Linden Farm, a 470-acre farm in North Central Virginia, sold at auction for $4.675 million on May 17. Auctioneer Scott Shuman at Hall and Hall reports that the seller was "very happy" with the results. Alex Webel of Hall and Hall had the listing. Located in Orange County — roughly 90 minutes south of Washington, DC, and 45 minutes north of Charlottesville — the income-producing farm was divided into four tracts.

Diverse Land Potential

A working cattle and turkey farm, Linden Farm includes a 1930s-era Georgian-style manor house; a separate, fully updated three-bedroom carriage house; and a one-bedroom guest cottage. The property, which has a mix of rolling topography and open acreage, also features a manager’s house, a tenant house, two poultry houses, several other farm outbuildings, a 12-acre lake, and a 4-acre pond. Linden Farm was divided into four separate tracts:

• Tract 1: 310 acres and includes the main estate, carriage house, and guest cottage.
• Tract 2: 87 acres that could include a new homesite.
• Tract 3: a 28-acre swing tract that must be purchased with an adjoining tract.
• Tract 4: a 45-acre agricultural tract that included a manager’s home, cattle facilities, and turkey houses.

Picturesque Setting

Situated in the heart of the Virginia Piedmont with stunning views of the nearby Blue Ridge Mountains, Linden Farm’s pastures currently support herds of Angus and SimAngus cattle. Beyond its current use as grazing pastures, the land could easily be adapted for crop production, vineyards, equestrian sports, or recreational use, according to Shuman. Approximately 60 acres of the property are enrolled in an agriculture-to-forest easement program, which will require their maintenance as forestland in perpetuity. The property’s forests provide natural privacy for the main estate and expansive natural habitats for native wildlife. The estate is known as an ideal site for deer, turkey, dove, and waterfowl hunting, making it an attractive option for outdoor enthusiasts. In fact, the farm has been selected as host of national and international competitive hunting retriever and pointing dog events, according to its listing agents.

Market Rarity

“Given low market inventories, a property such as Linden Farm is sure to attract widespread interest,” said Shuman. “It’s a very diverse property. And I think right now with limited inventory throughout the entire state, it's really difficult to find a property of this size, in such a perfect setting.” Given its proximity to the DC metro area, the manor house parcel will likely attract interest from area buyers looking for a getaway or a work-from-home property that’s still accessible to the city, Shuman expects. Shuman compared the likely buyer base for Tract 1 to the type of clients Hall and Hall fielded for a 411-acre property they sold in Northern Virginia in October. “It was people out of the DC corridor that wanted to have a piece of land or a place to get away and ride an ATV or go fishing on their own private pond,” he said. “Tract 4, however, will likely attract the attention of established agricultural growers and producers in the area, who are looking to expand their operations,” Shuman said. The current property owner, who wished to remain unnamed, provided The Land Report with a statement expressing their appreciation of the property that has been their home for more than three decades. "For almost 35 years, Linden has been a wonderful gathering place for family and friends. The forests team with wildlife, and the ponds double as waterfowl magnets and fishing spots. The views of the Blue Ridge Mountains are both stunning and serene,” the owner said. “There have been days when we welcomed visits by three or even four generations of families, all together. They almost always described Linden as a happy, healing place. We feel blessed to have been the stewards of such a remarkable property,” the current owner added. Interested bidders can visit the property from 10 a.m. to noon eastern time on scheduled information days (April 19, April 29, and May 3), or contact Hall and Hall to make an appointment. This post was updated to include information pertaining to the sale.]]> 61125 0 0 0 https://landreport.com/2023/04/florida-timberland-values-to-stay-strong/ Fri, 14 Apr 2023 06:00:03 +0000 https://landreport.com/?p=61151 Florida timberland values increased last year and are expected to stay strong in 2023, according to the 2022 Lay of the Land Market Report recently released by SVN | Saunders Ralston Dantzler. The annual report summarizes Florida market activity in key land and real estate sectors. “We experienced a very active market in the timberland segment,” wrote Tony Wallace, senior advisor for Saunders Ralston Dantzler’s timberland forestry group. “Buyers were plentiful, desirable properties came on the market, and quite a few notable deals were transacted.”

Attractive Investment Option

In the report, Wallace outlined several factors driving demand for Florida timberland investments. Many buyers looked to timberland as a way to diversify their holdings, viewing long-term land value as an ideal way to buffer against market volatility in stocks and other investments. Additionally, many investors purchased timber acreage using 1031 exchanges. These investment tools enable investors to channel land sale proceeds directly into a new land investment while deferring capital gains taxes. While most buyers of Florida timberland were from Central and South Florida, Wallace’s reporting found investors from other US states and foreign countries buying into the Sunshine State’s timber market in 2022.

Market Specifics

Florida’s 2022 average timber price of $2,474 an acre was nearly double the state’s 2021 timberland sales average of $1,248 an acre, as reported in the 2021 Lay of the Land Market Report. Saunders Ralston Dantzler tracked 11 investment-grade timberland transactions in Florida in 2022, ranging from 1,766 acres to 90,040 acres, with gross sales from $1,227 an acre to $3,313 an acre. Wallace’s team found especially high demand for timber tracts between 500 and 1,000 acres, noting parcels of this size seem to demand a per-acre premium over larger tracts because they are attractive to recreational investors as well as outdoor enthusiasts and wildlife preservationists.

Looking Ahead

While Saunders Ralston Dantzler anticipates Florida timberland demand to remain strong, several factors may contribute to fluctuations in the market during the year ahead. Wallace pointed to declining housing starts — linked to inflation and rising mortgage rates — as one key factor that may impact overall lumber demand in the coming months. Still, even with this housing lull and some forecasts predicting a possible recession in the coming year, the investment potential for timberland looks robust. “Most land experts and economists have anticipated continued strong demand for investment-grade timberland tracks with $2 billion to $3 billion committed to the timberland asset class that needs to be placed,” Wallace wrote.

About SVN | Saunders Ralston Dantzler

Part of the global SVN network, the team at SVN | Saunders Ralston Dantzler includes 80 land and commercial advisors with offices in Lakeland, Orlando, and Lake City, Florida, and Thomasville, Georgia.]]> 61151 0 0 0 https://landreport.com/2023/04/s-kidman-sells-6-million-acres-in-australia/ Mon, 17 Apr 2023 06:00:25 +0000 https://landreport.com/?p=61156 Kidman & Co., a joint venture between Hancock Agriculture and Shanghai-based CRED Pastoral, recently announced the sale of more than 6 million acres in Queensland Channel Country and the Northern Territory’s Barkly region. As reported by Jon Condon of Beef Central, the sale includes four properties:

• Glengyle Station, which covers roughly 1.3 million acres on the Georgina River.
• Durrie Station, covering more than 1.6 million acres to the southeast of Glengyle on the Diamantina River.
• Naryilco Station, a 1.8-million-acre land tract on the southern end of Queensland’s Channel Country.
• Brunchilly Station, a land parcel in the Barkly Tablelands covering more than 1.1 million acres.

Land to Remain in Cattle Production

An S. Kidman & Co. press release confirming the sale noted that “these properties have been improved by significant investment across a range of areas … while under the ownership of Hancock Agriculture and CRED Pastoral, and have been purchased by Australians who are experienced in cattle operations.” While the company’s press release did not name the new owners, Beef Central identified the buyer of Glengyle, Durrie, and Naryilco Stations as Appleton Cattle Company and the buyer of Brunchilly Station as Cleveland Agriculture. Both firms are well-established Australian beef producers. Reporter Larry Schlesinger of the Australian Financial Review estimated the sales price of Brunchilly Station at more than AU$100 million (US$67 million). Appleton Cattle Company paid AU$105.52 million (roughly US$70.65 million) for the 4.94 million acres it purchased from S. Kidman & Co., Schlesinger reported. According to Schlesinger, the divestiture of the four parcels was driven by S. Kidman & Co.’s desire to focus on its higher-value Wagyu production. Following this sale, S. Kidman & Co. now holds just four Australian properties covering 2 million hectares, or roughly 4.9 million acres.

About S. Kidman & Co.

Mining magnate and majority owner Gina Rinehart purchased S. Kidman & Co. in 2016 for AU$365 million (US$276.8 million) with the backing of minority share partner, Shanghai-based CRED Real Estate Stock Co. Founded in 1899 by Sidney Kidman, S. Kidman & Co. has long been one of the largest landowners in Australia.]]> 61156 0 0 0 https://landreport.com/2023/04/californias-lakeside-ranch-preserved/ Wed, 19 Apr 2023 06:00:45 +0000 https://landreport.com/?p=61159 Palo Alto-based Peninsula Open Space Trust (POST) recently announced the purchase of Lakeside Ranch, a 1,986-acre property in California’s Santa Clara County, for $22.36 million ($11,258 per acre). One of the largest remaining intact ranches in the South Bay area, Lakeside Ranch adjoins previously protected lands on three sides. Its acquisition increases the permanently protected land network in and around Coyote Valley to more than 8,700 acres, according to POST.

Conservation Priority

Held by the Lakeside Corporation since 1954 — an entity controlled by the Bechtel family, according to reporting by the Monterey Herald — Lakeside Ranch had been used as a cattle ranch and was home to an equestrian stable. Under the new purchase, the land will continue to be used for cattle grazing, but future, nonagricultural development will be prohibited. The purchase marks a win for Bay Area environmentalists, who had long opposed Silicon Valley expansion into the area. According to a POST press release, “the expansive property has for decades been a top conservation priority… [as] it provides connectivity for wildlife moving between the Santa Cruz Mountains in the west, the Diablo Range in the east, and the Gabilan Range to the south.”

Critical Native Habitat

Featuring both grasslands and mature oak woodlands and access to Llagas Creek, Lakeside Ranch is home to a variety of native wildlife, such as the western pond turtle and black tail deer, plus endangered and protected plant species, including the Santa Clara Valley dudleya and Hall’s bush mallow. Lakeside Ranch now joins other nearby protected properties, including Tilton Ranch, Coyote Valley Open Space Preserve, and Rancho Cañada del Oro Preserve, in establishing a conserved corridor that serves as “a significant wildlife linkage across the region,” according to POST. POST plans to work with partners at Santa Clara Valley Habitat Agency to develop a long-term stewardship plan for Lakeside Ranch, whose purchase was made possible with support by the Gordon and Betty Moore Foundation.

About Peninsula Open Space Trust

Since its founding in 1977, Peninsula Open Space Trust has protected more than 86,000 acres of permanent open space, farms, and parkland in California’s San Mateo, Santa Clara, and Santa Cruz counties.]]> 61159 0 0 0 https://landreport.com/2023/04/land-report-april-2023-newsletter/ Fri, 21 Apr 2023 15:29:42 +0000 https://landreport.com/?p=61187 April Newsletter features:

• Hawaii's Dillingham Ranch Sells
• Virginia's Linden Farm to Sell at Auction
• Florida Timberland Values Forecast to Stay Strong
• S. Kidman Sells 6 Million Acres in Australia
• Adena Springs Accepting Offers 
• California's Lakeside Ranch Preserved
• Sponsored: Sealed Bid 14,000 Square-Foot Commercial Hangar at Bozeman Yellowstone International Airport

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 61187 0 0 0 https://landreport.com/2023/04/sonoco-sells-55000-acres-of-south-carolina-timberland/ Mon, 03 Apr 2023 06:00:15 +0000 https://landreport.com/?p=61191 South Carolina packaging giant Sonoco Products has sold 55,000 acres of timberland in the Palmetto State to Toronto-based Manulife Investment Management. The sale, which was announced on March 30, was an all-cash transaction valued at $72 million ($1,300 an acre). 

Switch to Recycled Materials

The disposition of the timberland aligns with Sonoco's commitment to long-term ecological sustainability. Sonoco Products has announced that it intends to no longer source natural tree fiber for its paper production. Instead, it has committed to using paper made exclusively from recycled materials. The acquisition opportunity proved ideal for Manulife Investment Management, which oversees a portfolio of sustainably managed timberland and agricultural investments that totals 6 million acres worldwide.  “Through this sale, we are pleased to have the opportunity to maximize value for our shareholders while also ensuring that the property goes to a buyer that puts sustainable management at the forefront of its natural capital investment strategy,” Sonoco Products CEO Howard Coker said in a press release. “Manulife Investment Management has extensive experience with these types of sustainable transactions, and we feel confident that these lands will continue to be held in good stewardship,” Coker added.

About Sonoco Products

Founded in 1899 by Major James Lide Coker, Sonoco Products is a global provider of packaging products and regularly ranks as one of South Carolina's largest corporations. With net sales of approximately $7.3 billion in 2022, the company trades on the New York Stock Exchange (NYSE: SON). It has nearly 22,000 employees in 32 countries working in more than 300 different operations. Products include multiple consumer packaging formats — rigid paper containers, rigid plastics, and flexible packaging — as well as industrial packaging and protective solutions.

About Manulife Investment Management

Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation. The Toronto-based firm specializes in sustainable investing and oversees a high standard of stewardship among its managed timber and agricultural assets. Currently, it has C$839 billion in assets under management. ]]> 61191 0 0 0 https://landreport.com/2023/04/hr-smith-ranch-donated/ Mon, 24 Apr 2023 06:00:13 +0000 https://landreport.com/?p=61194 The H.R. Smith Ranch in South Texas has been gifted to the King Ranch Institute for Ranch Management (KRIRM) at Texas A&M University-Kingsville. The historic ranch and an accompanying monetary donation represent the largest philanthropic donation in the university’s history. The estate of H.R. Smith’s only child, Mary Carroll Sheets Gregory, made the generous bequest. 

H.R. Smith Ranch

The 8,000-acre South Texas ranch was stablished in the 1930s in Atascosa County. Thanks to the strongest land market in history, the ranch currently has an appraised value of more than $30 million ($3,750 an acre). The King Ranch Institute and its students will manage the H.R. Smith Ranch going forward. The ranch will serve as a laboratory for applied research in support of the KRIRM's work. The goal is to develop practices that “successfully create and maintain environmentally sound, socially responsible, and economically viable ranches." “This is a unique opportunity for KRIRM students to have the ability to conduct applied research on a ranch managed by the institute,” said KRIRM Executive Director Dr. Clay Mathis. “This is what we do and what we train them for. Adding this valuable component to their education will not only strengthen their skills, but also set them apart from other ranch management students.” 

About King Ranch Institute for Ranch Management

Created and endowed in 2003 by members of the King Ranch family to celebrate the historic ranch's 150th anniversary, the King Ranch Institute for Ranch Management provides graduate students and outreach attendees with hands-on skills necessary to strategically manage complex ranching operations. In 2023, it celebrated its 20th anniversary, and it is still striving to educate the next generation of ranch managers, and it offers the only Master of Science in Ranch Management program in the world. King Ranch Institute graduates collectively manage 9 million acres of ranchland and wildlife habitat, 190,000 head of breeding cows, 1,250 horses, and 850 ranch employees.]]> 61194 0 0 0 https://landreport.com/2023/04/john-waynes-ranch-under-contract/ Wed, 26 Apr 2023 06:00:40 +0000 https://landreport.com/?p=61196 Mansion Global reports that Rancho Pavoreal, a Southern California ranch once owned by John Wayne, has sold for $11.25 million. The 2,000-acre property is a colossus by Riverside County standards. It listed for $8 million ($6,000 an acre) in 2019. Tatiana Novick of Coldwell Banker represented the seller.

The Duke's Heyday

 John Wayne lived with his family on the property in the 1930s and 1940s. During that span, the legendary actor was at the height of his career. Following the success of Stagecoach (1939), the Duke graduated from low-budget Westerns to major studio productions. He starred in Flying Tigers (1942) and Sands of Iwo Jima (1949), which earned him his first Academy Award nomination. By the start of the 1950s, the Iowa native had become Hollywood's leading box-office draw. His renown only increased in the decades to come. In 1970, he capped his career by winning Best Actor honors for his performance as Rooster Cogburn in Henry Hathaway's production of True Grit (1969). It was a fitting tribute to a lifelong professional whose career began in the silent-film era.

Iconic setting

Improvements on Rancho Pavoreal include a 3,000-square foot ranch house constructed after Wayne sold the property. Other improvements include a barn, three wells, extensive horse trails, and cross-fencing. According to the listing, Rancho Pavoreal could continue as a cattle ranch or an equestrian center. Offering panoramic views of the surrounding valley and Palomar Mountain, the ranch could also appeal to investors seeking to establish a shooting range or a private retreat. “This is a once-in-a-lifetime opportunity to get your hands on the former ranch of the iconic Western film star John Wayne,” Novick told Realtor.com. “As an action hero to many, John Wayne’s presence still lives on in Rancho Pavoreal’s very masculine and Western aesthetic.” This post was updated to include details of the sale. ]]> 61196 0 0 0 https://landreport.com/2023/04/dumbbell-ranch-under-contract/ Fri, 28 Apr 2023 06:00:30 +0000 https://landreport.com/?p=61199 The Nebraska Examiner, the 15,568-acre Nebraska Sandhills cow-calf operation listed in March for $16.7 million ($1,072 per acre) with Mark Johnson of Hall and Hall. Less than a month later, the ranch was reported by Cindy Gonzalez at The Examiner to be under contract to an unnamed Colorado ranching operation.

Sandhills Landmark

Owned and operated by the Anderson family since 1913, the Dumbbell Ranch is considered one of the most historic ranches in the region. It totaled 52,000 acres at its height in the early 20th century. In 1937, however, it was partitioned into three distinct operating units: the Pitchfork Ranch, the 3 Circles Ranch, and Dumbbell Ranch. Currently, the ranch consists of 15,568 acres of rolling native rangeland in Cherry and Grant Counties, Nebraska.

Ogallala Aquifer

In its current configuration, the ranch has a stocking rate of 900 head. It also has outstanding wildlife habitat According to the marketing materials prepared by Hall and Hall, the Dumbbell Ranch sits atop one of the deepest portions of the Ogallala Aquifer, the enormous underground reservoir that extends from the Texas Panhandle north across eight states to South Dakota. In addition to numerous lakes, live water, and artesian wells, the ranch has more than 1,000 acres of sub-irrigated meadows and produces an average of 1,800 tons of hay annually.  ]]> 61199 0 0 0 https://landreport.com/2023/05/alta-luna-ranch/ Tue, 16 May 2023 08:00:06 +0000 https://landreport.com/2022/11/forest-park-ranch-2/ Alta Luna Ranch is encompassed in the beauty of the ancient Mora Valley, near the unincorporated town of Chacon, New Mexico. This area is steeped in Spanish-American ranching history and many ranches have been owned by families for generations. The Alta Luna (meaning High Moon in Spanish) Ranch covers a vast area of approximately 6,419 acres. Topography and elevations vary throughout the borders of the ranch. Elevations range from 8,200 feet to 11,000 feet in the northern mountainous regions of its borders. Topographies range from hay meadows, grassy meadows, high timbered mountains, to valleys of native grasslands. Creating an environment for wildlife and livestock to thrive on the ranch.

The ranch headquarters is impressive, offering a wide range of improvements. The main home is true to its New Mexican roots. The impressive two-story adobe home was designed by John Gaw Meem Design firm, often referred to as the father of the Santa Fe style architecture. The main home consists of seven bedrooms, and nine bathrooms with tons of Mexican influences throughout, including antique Mexican La Puerta Doors, high ceilings with Spanish-style vigas and corbels, a hand-forged staircase, and railing, handmade tiles, and has five beautiful fireplaces throughout. The great room’s fireplace mantel is made from a large ponderosa struck by lightning during the construction of the ranch, making for a story to tell for generations.

All the rock interior and exterior features come right off the ranch. Even the walls in the home are exquisite, made with a diamond finish, taking up to nine months to complete. Two guest homes both with two bedrooms and two bathrooms can be found a short walk from the main house, each done in a southwestern territorial style.

Additional improvements are used to run the ranch, including a custom-built 11-stall brick floor horse barn, with office, bathroom, tack, storage areas, and a small barn used to store hay and equipment. Improvements are supplied by underground utilities and offer a backup generator enclosed in its own building. The improvements were placed to take in the panoramic views of both the valley and surrounding mountain ranges to capture the beautiful scenery and wildlife. The ranch offers many outdoor entertaining spaces for you and your guest to enjoy the surroundings.

M4 Ranch Group

Seth Craft

(970) 787-0864

Dan Murphy

(970) 209-1514

Learn More ]]> 61411 0 0 0 ]]> Alta Luna Ranch is encompassed in the beauty of the ancient Mora Valley, near the unincorporated town of Chacon, New Mexico. This area is steeped in Spanish-American ranching history<\/a><\/strong> and many ranches have been owned by families for generations. The Alta Luna (meaning High Moon in Spanish) Ranch covers a vast area of approximately 6,419 acres. Topography and elevations vary throughout the borders of the ranch. Elevations range from 8,200 feet to 11,000 feet in the northern mountainous regions of its borders. Topographies range from hay meadows, grassy meadows, high timbered mountains, to valleys of native grasslands. Creating an environment for wildlife and livestock to thrive on the ranch.<\/p>

The ranch headquarters is impressive, offering a wide range of improvements. The main home is true to its New Mexican roots. The impressive two-story adobe home was designed by John Gaw Meem Design firm, often referred to as the father of the Santa Fe style architecture. The main home consists of seven bedrooms, and nine bathrooms with tons of Mexican influences throughout, including antique Mexican La Puerta Doors, high ceilings with Spanish-style vigas and corbels, a hand-forged staircase, and railing, handmade tiles, and has five beautiful fireplaces throughout. The great room\u2019s fireplace mantel is made from a large ponderosa struck by lightning during the construction of the ranch, making for a story to tell for generations.<\/p>

All the rock interior and exterior features come right off the ranch. Even the walls in the home are exquisite, made with a diamond finish, taking up to nine months to complete. Two guest homes both with two bedrooms and two bathrooms can be found a short walk from the main house, each done in a southwestern territorial style.<\/p>

Additional improvements are used to run the ranch, including a custom-built 11-stall brick floor horse barn, with office, bathroom, tack, storage areas, and a small barn used to store hay and equipment. Improvements are supplied by underground utilities and offer a backup generator enclosed in its own building. The improvements were placed to take in the panoramic views of both the valley and surrounding mountain ranges to capture the beautiful scenery and wildlife. The ranch offers many outdoor entertaining spaces for you and your guest to enjoy the surroundings. <\/p>","drop_cap":"yes","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"722df65"}]},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false},{"id":"0e93e54","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"4c6400a"}]},"elements":[{"id":"3117fae","elType":"column","settings":{"_column_size":100,"_inline_size":null,"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"d658765"}]},"elements":[{"id":"8e2149a","elType":"section","settings":{"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"14dbaff"}]},"elements":[{"id":"526304a","elType":"column","settings":{"_column_size":100,"_inline_size":null,"space_between_widgets":15,"border_border":"solid","border_width":{"unit":"px","top":"5","right":"5","bottom":"5","left":"5","isLinked":true},"border_color":"#AC8E49","padding":{"unit":"px","top":"40","right":"20","bottom":"30","left":"20","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"86562b8"}]},"elements":[{"id":"d10fd21","elType":"widget","settings":{"image":{"url":"https:\/\/landreport.com\/wp-content\/uploads\/2022\/11\/M4RanchGroupLogo_150x150.png","id":58762,"alt":"M4RanchGroupLogo 150x150","source":"library"},"_margin":{"unit":"px","top":"0","right":"0","bottom":"15","left":"0","isLinked":false},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"79075b7"}]},"elements":[],"widgetType":"image"},{"id":"2039734","elType":"widget","settings":{"title":"M4 Ranch Group","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":20,"sizes":[]},"typography_line_height":{"unit":"px","size":25,"sizes":[]},"typography_line_height_tablet":{"unit":"px","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"px","size":"","sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"dd45c60"}]},"elements":[],"widgetType":"heading"},{"id":"6352512","elType":"widget","settings":{"editor":"

Seth Craft<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"44228c2","elType":"widget","settings":{"editor":"

(970) 787-0864<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"6dde794","elType":"widget","settings":{"editor":"

Dan Murphy<\/p>","align":"center","text_color":"#000000","typography_typography":"custom","typography_font_family":"Amethysta","typography_font_size":{"unit":"px","size":25,"sizes":[]},"typography_font_weight":"bold","typography_line_height":{"unit":"px","size":23,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"bb0e39c"}]},"elements":[],"widgetType":"text-editor"},{"id":"1dc396b","elType":"widget","settings":{"editor":"

(970) 209-1514<\/p>","align":"center","typography_typography":"custom","typography_font_size":{"unit":"px","size":17,"sizes":[]},"display_condition_list":[{"display_condition_login_status":"subscriber","_id":"575ba23"}]},"elements":[],"widgetType":"text-editor"},{"id":"7026a21","elType":"widget","settings":{"text":"Learn More","link":{"url":"https:\/\/m4ranchgroup.com\/listings\/alta-luna-ranch\/","is_external":"on","nofollow":"","custom_attributes":""},"align":"center","display_condition_list":[{"display_condition_login_status":"subscriber","_id":"b1a02de"}]},"elements":[],"widgetType":"button"}],"isInner":true}],"isInner":true}],"isInner":false}],"isInner":false}]]]> ]]> ]]> ]]> ]]> ]]> ]]> ]]> https://landreport.com/2023/05/wellington-692000-per-acre/ Mon, 01 May 2023 06:00:51 +0000 https://landreport.com/?p=61456 Wellington Land Report. According to data from the latest Wellington Land Report, which is produced by longtime South Florida broker Brad Scherer and his Atlantic Western Companies, equestrian property sales in the Wellington market dipped to an average of $383,000 per acre during the 2019-2020 fiscal year. Last year, however, that figure nearly doubled to $692,000 per acre, with a total of 93 transactions comprising approximately 926 acres selling for $641 million per the most recent Wellington Land Report. “This is Wellington’s strongest annual performance ever recorded,” Scherer says. “We’re seeing incredible land appreciation in the equestrian market, which includes polo, dressage and hunter/jumper.”

$110 Million Acquisition of National Polo Center

Wellington already boasts a roster of leading landowners with strong equestrian ties, including Bill Gates, John Malone, and Michael Bloomberg. Scherer says the most recent numbers in the Wellington Land Report were given a further boost with the United States Polo Association’s $110 million acquisition of the 160-acre International Polo Club last June. The facility has been renamed the National Polo Center (NPC), creating what Scherer says is “a multigenerational permanency for polo in Wellington.” This, in turn, is having a multiplier effect on other equestrian land in the region. “With permanency, more people are able to play here, and as a result, more people want to be here,” Scherer says. “So all these things are complementary to each other in creating further value appreciation. You can’t do this everywhere. But in the places that have a great amenity like the NPC where people can compete at the highest level, it translates into this land appreciation.”

Limited Inventory

After all, there is a limited number of places to play polo and compete in other equestrian events, as well as a limited amount of land available for such pursuits. Scherer points out that Wellington is surrounded by the Everglades and other protected conservation areas to the west and south, and urban growth to the north and east along the Atlantic Coast. Currently, Scherer says less than 7,500 acres in the Wellington area are used for equestrian purposes. At a per-acre rate of $692,000, that adds up to a total land value of more than $5 billion. “The land inventory is very limited here, and it’s fast disappearing,” Scherer says. “There’s really no other place to go for this type of equestrian usage without relocating completely out of the area, and the infrastructure that is already in place here is just too great to do that.”

World Equestrian Center

Scherer says he has seen even larger land value increases in Marion County, Florida around Ocala following the opening of the World Equestrian Center there in 2021. “That single investment has propelled equestrian values in Marion County to increases of almost eight times. That’s just phenomenal.” Scherer says. Still, even though the signs seem to indicate that the price of equestrian land will continue to jump like a prized show horse, Scherer has been doing this long enough to know that market corrections can always be looming just around the corner. He even stated in the most recent Wellington Report that, “a most poignant question now for our land market is: “Is this time different?” “With all the financial market turmoil – be it banks or stocks or interest rates – are we going to have a correction?” Scherer says. “One thing is for sure, there are fewer properties for sale. And for those people who want to compete at the highest levels that there are in the world, this is the place to be.”]]> 61456 0 0 0 https://landreport.com/2023/05/farmland-values-increase-10-percent-in-seventh-district/ Fri, 12 May 2023 06:00:27 +0000 https://landreport.com/?p=61585 The Federal Reserve Bank of Chicago reported a 10 percent increase in farmland values for the first quarter of 2023. The uptick marked the eighth consecutive quarter of double-digit year-over-year growth.

Current Farmland Values

"Farmland values in the first quarter of 2023 moved up again, 10 percent from a year ago and 2 percent from a quarter ago, so maybe not quite as strong a performance as in the previous seven quarters, but certainly still a double-digit increase for the year-over-year value that shows there's continued strength in farmland values," said David Oppedahl, a policy advisor at Chicago Fed. Indiana led the way. Farmland values in the Hoosier State jumped 22 percent year-over-year. Wisconsin moved up 15 percent with Illinois at 11 percent and Iowa at 7 percent. Michigan failed to report enough data for measurement.

Underlying Trends

Supply-chain integrity is a key factor bolstering farmland values. "Well, I think the pandemic showed us how critical it is to keep the food supply chain functioning well. So it’s kind of been building over time that there's been more investor interest in farmland. That's caused some competition among groups to bid up prices. And farmers are bidding against each other for the ground that is the best. And certainly being able to expand your operation and have control over more acres is important for a lot of these larger family businesses that maybe want to have another member of the family join," said Oppedahl. Liquidity is another key element. "But there's still a lot of cash, as reported by some of the bankers in the ag space," Oppedahl adds.

Seventh Federal Reserve District

The bellwether Seventh Federal Reserve District  includes some of the most productive — and valuable — farm ground in the nation. Based in Chicago, it includes the states of Illinois, Indiana, Iowa, Michigan, and Wisconsin. The Chicago Fed's AgLetter, which Oppedahl authors, dates back to 1944 and has been produced at various times on a weekly as well as a monthly basis. It is currently produced four times a year. The current edition is No. 2,000, a telling milestone according to Oppedahl. "It’s an indication that the Chicago Fed still is interested in agriculture and wants to help farmers and agricultural bankers in our District to have the information they need to make good decisions and for the farm sector to flourish," said the author and policy advisor in a Q&A.]]> 61585 0 0 0 https://landreport.com/2023/05/farmland-partners-nets-24-gain/ Mon, 15 May 2023 06:00:47 +0000 https://landreport.com/?p=61610 FPI) announced the sale of 2,426 acres of farmland in Nebraska and South Carolina to the tenants currently renting the properties. The combined transactions totaled $16.2 million. Together, the two sales represented a gain of more than $3.1 million. According to Farmland Partners, this equated to approximately 24 percent over net book value. The transactions were announced on May 15.

Farmland Partners

The nation's largest publicly traded farmland real estate investment trust (REIT), Farmland Partners purchases, leases, and manages high-quality farmland throughout North America. It trades on the New York Stock Exchange. In 2022, the company invested $54.4 million acquiring new holdings, including a 158-acre irrigated row crop farm in Nebraska for $2 million, 161 acres of cropland in Indiana for $2.1 million, 270 acres of corn and soybean ground in Illinois for $3.36 million, and a 3,843-acre Texas potato farm for $12.1 million. On the sell side in 2022, FPI realized a net gain of nearly $2.3 million, or 132 percent, when it sold 303 acres of North Carolina farmland to a large solar power developer for $4 million. The acreage was part of a 944-acre farm that FPI acquired in 2015. The remaining 641 acres continue to be rented to a local farmer. In a statement, Executive Chairman Paul Pittman said, “This sale is great news for our shareholders because of the more than 2X gain we achieved. It’s also emblematic of our Company’s strategy to work with renewable energy producers, when possible, to maximize returns and benefit the environment.”

Crop Breakdown

According to the most recent figures, FPI's current portfolio of more than 340 farms consists of 195,000 acres owned or leased. Tenants on Farmland Partners' ground produce 26 crops. Seventy percent of this portfolio (by value) is in traditional row crops such as corn, soybeans, and wheat. Thirty percent of this portfolio (by value) is in specialty crops such as tree nuts, fruits, and vegetables. Currently, there is a zero vacancy rate on FPI's landholdings.  ]]> 61610 0 0 0 The nation’s largest publicly traded farmland REIT cleared more than $3 million by selling farms in Nebraska and South Carolina to current tenants.

]]> Money for Water]]> https://landreport.com/2023/05/land-report-may-2023-newsletter/ Mon, 15 May 2023 00:00:42 +0000 https://landreport.com/2023/04/land-report-april-2023-newsletter-2/ May Newsletter features:

• H.R. Smith Ranch Donated to King Ranch Institute for Ranch Management
• Farmland Partners Nets 24% Gain
• Sonoco Sells 55,000 Acres of South Carolina Timberland
• Wellington Equestrian Market Jumps to $692,000 Per Acre
• Arthur Blank Donates Record-Setting Conservation Easement
• California's Lakeside Ranch Preserved

For up-to-the-minute reports on breaking news, be sure to follow us on Facebook, Twitter, Pinterest, and Instagram.]]> 61818 0 0 0 https://landreport.com/2022/04/wp-global-styles-astra-child/ Fri, 22 Apr 2022 07:35:16 +0000 https://thelandreport.c51dev.com/2022/04/22/wp-global-styles-astra-child/ 40 0 0 0 https://landreport.com/2023/05/arthur-blank-donates-record-setting-conservation-easement/ Fri, 19 May 2023 06:00:41 +0000 https://landreport.com/?p=61444 Arthur M. Blank Family Foundation has donated more than $1 billion since its inception in 1995, including more than $28 million in grants to community organizations in Montana. On April 19, 2023, Blank signed off on the largest conservation easement to date in Paradise Valley just north of Yellowstone National Park in Southwest Montana. Established in partnership with the Gallatin Valley Land Trust (GVLT), this easement will permanently protect his 8,800-acre Paradise Valley Ranch by limiting residential and commercial development while still allowing agriculture and outdoor recreation to continue.

Commitment to Paradise Valley

This isn’t Blank’s first rodeo; in fact, it’s his third property in Montana with a conservation easement. In 2001, when Blank purchased the 17,000-acre Mountain Sky Guest Ranch, also in Paradise Valley, he recalled “falling in love with the land, the people, and the wildlife during many memorable vacations …” This was the first of many he’d go on to buy in that area. “Any time we’ve been able to acquire property adjacent to the ranch, we’ve taken advantage of that,” he said. Most notably, he bought the 6,300-acre West Creek Ranch in 2017, and Paradise Valley Ranch in 2020. “Paradise Valley Ranch is not only a stunning property in the heart of Paradise Valley, it also provides critical wildlife habitat and is rich in agricultural opportunities,” Blank said in a recent press release. “It was very important to us when we purchased PVR that the land was conserved and managed in a thoughtful, responsible way and could serve as a resource for the community. We are proud to have partnered with GVLT to finalize a conservation easement ensuring that the natural beauty, ecosystem, and native landscape that makes the ranch so special will be preserved in perpetuity.” Soon after buying Paradise Valley Ranch, a community elk hunting program was established, providing hunting access each fall with the goal of promoting conservation efforts there. The foundation’s Western branch, AMB West, worked with local and regional directors of the Montana Fish, Wildlife & Parks, the game warden, and local biologists to structure the free lottery program for lead-free hunts. A weather station on Paradise Valley Ranch also collects fine-scale climate monitoring data, which helps local ranchers plan for drought and other extreme conditions.

Robust Environmental Partnerships

Over the years, Blank’s foundation has invested in a number of environmental initiatives ranging from clean water to the protection of green space and wildlife habitat. “As I look at the futures for my children and grandchildren, I can’t turn my back on the evidence and the projections of all the professionals who do understand the fragile nature of our planet and our impact on it,” he said in 2011, after being celebrated with the “Distinguished Conservationist” award by the Georgia Conservancy. More recently, in addition to the conservation easement, the foundation has focused on clean energy, donating $9.25 million to the Energy Foundation’s efforts to inform policy makers about its benefits. GVLT — a Bozeman, Montana-based non-profit that focuses on preserving open land and building trails — partners with private landowners to conserve working farms and ranches, fish and wildlife habitat, open lands, and scenic views. The organization has been working in Park County, where Blank’s ranches are located, for more than 20 years and currently holds 16 conservation easements in that area and more than 100 across southwest Montana. After signing off on the Paradise Valley Ranch conservation easement, Blank donated the financial value that comes along with it to GVLT. In addition, his foundation has also developed public and private funding sources, allowing the organization to purchase conservation easements from interested landowners and enabling a greater number of landowners to utilize this tool. Montana's population has steadily increased recently, a trend that accelerated during the COVID-19 pandemic. “With the increasing rate of growth and development in the valley, we are grateful to Mr. Blank for ensuring this iconic ranch stays open forever,” said GVLT Conservation Director Brendan Weiner. “With over 40 existing parcels, this spectacular property could have been easily subdivided and developed, but the conservation easement ensures it will stay whole.”    ]]> 61444 0 0 0 Philanthropist protects 8,800-acre Paradise Valley Ranch north of Yellowstone National Park.

]]> https://landreport.com/2023/05/lower-colorado-river-plan-announced/ Mon, 22 May 2023 06:00:52 +0000 https://landreport.com/?p=61713 a plan to protect the parched Lower Colorado River. Arizona Governor Katie Hobbs, California Governor Gavin Newsom, and Nevada Governor Joe Lombardo submitted their plan to Secretary of the Interior Deb Haaland and the Bureau of Reclamation on May 22. Their goal is to conserve 3 million acre-feet over the next three years. In return, they proposed that the federal government pay $1.2 billion to the municipalities, Native American tribes, and water districts for lower levels of water consumption.

Lower Colorado River Basin

Arizona, California, and Nevada are three of the seven Southwest states that signed the Colorado River Compact in 1922. Together, the three comprise the Lower Division. The Upper Division includes Colorado, Utah, New Mexico, and Wyoming. The compact altered the landscape of the Desert Southwest. Lake Mead and Lake Powell were created.  Cities such as Phoenix, Los Angeles, and Las Vegas began to grow. So did their water consumption. Forty million Americans currently rely on the Lower Colorado River for their drinking water.

Southwest Megadrought

The century-old compact also failed to account for the heightened water demands of farmers, who irrigate 5.5 million acres of crops annually. Nor did it anticipate the two-decade "megadrought" that has plagued the Desert Southwest. According to climatologists, current drought conditions are the worst in 1,200 years. “The entire Western United States is on the frontlines of climate change — we must work together to address this crisis and the weather extremes between drought and flood,” said Governor Gavin Newsom. “California has stepped up to make significant cuts to water usage and now, this historic partnership between California and other Lower Basin states will help maintain critical water supply for millions of Americans as we work together to ensure the long-term sustainability of the Colorado River System for decades to come.”

Three-Year Plan

“Nevada has long been a leader in regional water conservation efforts, and we’re pleased to continue leading through this agreement with other Lower Basin States,” said Governor Joe Lombardo. “Through this partnership, we look forward to equitably advancing our mutual goal of conserving our shared water resources. It’s never been more important to protect the Colorado River System, and this partnership is a critical next step in our efforts to sustain this essential water supply.” “The Lower Basin Plan is the product of months of tireless work by our water managers to develop an agreement that stabilizes the Colorado River system through 2026,” said Governor Katie Hobbs. “Thanks to the partnership of our fellow Basin States and historic investments in drought funding, we now have a path forward to build our reservoirs back up in the near-term. From here, our work must continue to take action and address the long-term issues of climate change and overallocation to ensure we have a sustainable Colorado River for all who rely upon it.” All seven Colorado River Basin States supported the proposed conservation plan as an action alternative within the Near-Term Colorado River Operations Draft Supplemental Environmental Impact Statement.]]> 61713 0 0 0 https://landreport.com/2023/06/estrada-ranch-permanently-protected/ Thu, 01 Jun 2023 06:00:10 +0000 https://landreport.com/?p=61937 California's pioneering Estrada Ranch, which dates from 1863, has implemented the first step of a two-phase plan that will enable future ­generations of the family to continue ranching and ­logging on land their forefathers settled more than 150 years ago. The two-phased ­conservation approach, which was developed in conjunction with the Peninsula Open Space Trust (POST), is a natural extension of the family's ­traditional land uses and syncs with the vision the heirs have for their land.

Estrada Family Heritage

In 1863, Richard and Frank Estrada’s great-grandparents Jose Antonio and Loretta Estrada purchased more than 2,000 acres in the Santa Cruz Mountains. Since then, the family has grazed cattle and harvested ­redwoods while ensuring the continued ­vitality of the landscape. Today, the Estrada Ranch ranks as one of the last, large private landholdings still under family ownership in the Santa Cruz Mountains of Central California.

In December, Richard Estrada sold his 839 acres to POST for $10.6 million. One of the many conditions of the sale is that the land will continue to be managed by members of the Estrada family. Zach Estrada will run the ­cattle operation, and longtime partner Big Creek Lumber will continue to implement sustainable forestry practices.

“This is a poignant moment for me,” said Richard Estrada. “For more than 40 years, I have taken care of these lands, and for many years before that I supported my parents' efforts to do the same thing. Now it is time for me to move on from those responsibilities. I am very happy that POST has purchased these parcels from me to protect and preserve the land, to continue to care for the redwoods, and to keep this way of life going at Estrada Ranch.”

Creative Conservation

“We are grateful to work with the Estrada family and the Land Trust of Santa Cruz County to protect this significant property from development and subdivision and to enable continuity of the family’s legacy of responsible, sustainable timber production and cattle grazing. This is a creative conservation solution that benefits the land, people, wildlife and environmental resilience of our region. It’s our shared vision that people and nature will benefit from this land being preserved forever,” said Walter Moore, president of POST.

The Land Trust of Santa Cruz County will take the lead in developing a conservation easement that will cover the remaining 1,204 acres of the ranch that belong to ­Richard's brother, Frank Estrada, and his two sons Greg and Grant. “Our family has been ­managing and protecting this ranch since the mid-1800s, and we feel very strongly that it be preserved for the future,” said Greg Estrada. “By entering into this relationship with Peninsula Open Space Trust and the Land Trust of Santa Cruz County, we will be able to ­continue our family’s way of life and preserve the ranch forever.”

]]> 61937 0 0 0 https://landreport.com/2023/06/farmland-partners-pockets-3-7-million/ Mon, 12 Jun 2023 06:00:09 +0000 https://landreport.com/?p=61983 FPI) announced the sale of four farms in Arkansas, Georgia, Illinois, and South Carolina. The aggregate holdings totaled 1,370 acres, and the four sold for a total of $8.9 million. According to a press release, a $3.7 million cumulative gain was reported on the sale. This equates to 73 percent over net book value. The June closings mark the second group of transactions by Denver-based Farmland Partners in the last 30 days that generated a handsome profit. In May, Farmland Partners reported a $3.1 million gain on the sale of 2,426 acres of farmland in Nebraska and South Carolina to existing tenants. “Asset appreciation is a major factor in farmland investment returns, and good farmland is still in high demand,” said FPI CEO Luca Fabbri. “Sales like these and dispositions planned in the coming months help us capture those returns and generate value for our shareholders.”

Farmland Partners

The nation’s largest publicly traded farmland real estate investment trust (REIT), Farmland Partners purchases, leases, and manages high-quality farmland throughout North America. It trades on the New York Stock Exchange. In 2022, the company invested $54.4 million acquiring new holdings, including a 158-acre irrigated row crop farm in Nebraska for $2 million, 161 acres of cropland in Indiana for $2.1 million, 270 acres of corn and soybean ground in Illinois for $3.36 million, and a 3,843-acre Texas potato farm for $12.1 million. FPI’s current portfolio of more than 340 farms consists of 195,000 acres owned or leased. Tenants on Farmland Partners’ ground produce 26 crops. Seventy percent of this portfolio (by value) is in traditional row crops such as corn, soybeans, and wheat. Thirty percent of this portfolio (by value) is in specialty crops such as tree nuts, fruits, and vegetables. Currently, there is a zero vacancy rate on FPI’s landholdings.]]> 61983 0 0 0 https://landreport.com/2023/06/sold-todd-interests-buys-fairfield-lake/ Fri, 02 Jun 2023 06:00:17 +0000 https://landreport.com/?p=62117 Fairfield Lake on June 1. The Dallas-based developer plans to build a resort community on the 5,025-acre property. No financial terms were disclosed. Owned by Vistra Corp., the $110 million listing included a 2,400-acre private lake. Listing broker Cash McWhorter of Hortenstine Ranch Company raved about the one-of-a-kind water feature to The Land Report in 2022. “The most overused phrase in real estate is ‘once-in-a-lifetime,’ but that’s the only way to describe this property,” McWhorter said.

Fairfield Lake State Park

According to Hortenstine Ranch Company marketing materials, Fairfield Lake ranked as the largest private water offering in Texas. Twenty-one miles of elevated shoreline surround the lake. Mature hardwoods abound. Two islands connect by bridge to the northern portion of the property. At the southern end, more than eight miles of two-lane, highway-grade blacktop crisscross 1,800-acre Fairfield Lake State Park.

Since 1971, Vistra leased the acreage to the Texas Department of Parks & Wildlife for the park at a cost of a dollar a year. In 2018, however, the power-generation company decommissioned the Big Brown Power Plant that Fairfield Lake cooled. Following the plant’s closure, management decided to offload the asset.

After Texas Department of Parks & Wildlife passed on the opportunity to purchase the park, Vistra listed Fairfield Lake with Dallas-based Hortenstine Ranch Company.

Todd Interests

Land Report readers first learned about Todd Interests founder Shawn Todd courtesy of Corinne Gaffner Garcia’s profile “There’s No Place Like Home Track.” Since founding his family-owned firm in 1990, Todd has been involved in the acquisition, development, redevelopment, and disposition of more than $1.5 billion of real estate. The $450 million redevelopment of The National in downtown Dallas stands out as a signature project. According to its website, Todd Interests adheres to a very specific modus operandi: “We look for real estate anomalies, that one iteration others do not focus on or perhaps have never been aware of its existence. Therein is the opportunity.” At Fairfield Lake, Shawn Todd found that one iteration. On April 21, 2022, Todd Interests submitted an offer to buy Fairfield Lake, and the property went to contract.

Controversial Closing

News of the pending sale quickly became a public relations nightmare for the Texas Department of Parks & Wildlife. Not only had the agency's decision to not buy Fairfield Lake cost the citizens of Texas a popular park, but 2023 marked the centennial of the state park system. According to published reports, Texas Department of Parks & Wildlife Commission Chairman Arch Aplin made several unsuccessful overtures to both Vistra Corp. and Todd Interests after the property was under contract to buy the parkland or the entire listing. During the 2023 legislative session, several bills were filed in the Texas Legislature to condemn the property for use as a state park. None made it out of committee. Such an outcome should come as no surprise in the Lone Star State. Following the Supreme Court’s calamitous 2005 decision in Kelo v. New London, the Texas Legislature passed the Property Rights Act to ensure the protection of private real property rights in Texas.]]> 62117 0 0 0 Vistra Lists Fairfield Lake for $110 Million]]> https://landreport.com/2023/06/texas-parks-and-wildlife-votes-to-condemn-fairfield-lake/ Tue, 13 Jun 2023 06:00:37 +0000 https://landreport.com/?p=62291 Fairfield Lake from Vistra Corp., the Texas Parks and Wildlife Commission voted unanimously to authorize Texas Parks and Wildlife Department (TPWD) to use eminent domain to condemn the 5,025-acre private property.

Special Meeting

The vote, which took place at a special meeting on Saturday, June 10, comes after bills authorizing the use of eminent domain to acquire Fairfield Lake failed in both the Texas House and the Texas Senate during the 2023 legislative session, which ended on May 29. “Condemnation represents an extraordinary step and last resort for TPWD, and it is not one we undertake lightly. However, TPWD’s mission calls for managing and conserving the natural resources of Texas for the use and enjoyment of present and future generations. Fairfield Lake State Park has welcomed millions of visitors over half a century, and we have a clear mandate to preserve this public resource that is beloved by so many,” said Commission Chairman Arch Aplin.

Private Property Rights

The new owners of Fairfield Lake vigorously dissented. “Is this how you fulfill Governor Abbott’s promise that ‘Texas is wide open for business?’ As a family-owned, Texas-based business and longtime supporters of our state’s pro-business policies, we sincerely hope not,” wrote Shawn, Patrick, and Philip Todd in a letter forwarded to Texas Parks and Wildlife Commissioners prior to the meeting. The father and sons are partners in Dallas-based Todd Interests. The trio also noted that they had no reason to believe that Texas Parks and Wildlife had any interest in acquiring the Freestone County acreage when they made an offer to purchase the property from Vistra Corp. on April 21, 2022. Prior to the Todds tendering their offer, Texas Parks and Wildlife did not express any interest in buying the land — even when approached by the previous owner in 2020. On June 15, Monica Latin, the managing partner of Carrington Coleman, issued a statement on behalf of Todd Interests at a press conference in the Sarah Hughes Courtroom in Dallas. This post was updated to include details on the June 15 press conference.    ]]> 62291 0 0 0 https://landreport.com/2023/06/texas-land-values-increase/ Fri, 09 Jun 2023 06:00:06 +0000 https://landreport.com/?p=62348 Lone Star State reached $4,446. Nearly 720,000 acres changed hands statewide in 2022, down 15 percent from 2021. Fourth-quarter volume dipped even further, down 25.8 percent from Q4 2021, and down a whopping 57.4 percent from Q4 2020. Granted, part of the drop was a natural decrease from the pandemic-fueled highs in 2020 and 2021. Still, Q4 2022 marked the lowest Q4 volume in Texas since 2015.

Lack of Inventory

But this slowdown apparently had nothing to do with decreased demand. Rather, it was a lack of inventory. All-cash buyers chased fewer deals and paid more for what they could find. “Rising prices coupled with diminished activity suggests that current buyers have focused on higher-quality properties,” wrote the report's authors, Texas A&M University research economists Charles Gilliland and Lynn Krebs.

Double-Digit Gains

Texas land values experienced double-digit increases over 2021. The highest prices could be found in the Gulf Coast-Brazos Bottom region, which reached an average of $9,546 an acre. Even there, however, fourth-quarter total sales dropped to their lowest volume in 10 years. Prices in Northeast Texas increased to an average of $7,527 per acre, with Austin-Waco-Hill Country close behind at $7,127 an acre. South Texas topped $5,700 an acre. Prices were considerably lower in West Texas ($2,231 per acre) and the Panhandle/South Plains ($1,527 an acre). Those regions showed gains over 2021. In fact, the Panhandle/South Plains experienced a 31 percent gain in total dollar volume, despite a 12.8 percent drop in total transactions. The report noted that “prices continued to fall substantially” in Far West Texas. Paradoxically, sales volume ticked up 8.2 percent from 2021. But the average price plummeted 74 percent to $474 per acre. According to the report, “Industrial users and recreational buyers had driven prices in this region to new highs. Lower oil prices and the COVID virus combined to weaken demand for land here in 2020. A hostile lending environment has throttled demand by energy-related industries.” Major concerns included lingering drought conditions, which affected much of the state. Cotton production dropped nearly 70 percent in the Panhandle, and both hay stocks and cattle inventory were down statewide. Still, despite all the challenges, Texas land continues to be in high demand, if not highly available.]]> 62348 0 0 0 https://landreport.com/2023/06/bluesource-acquires-forestland/ Tue, 20 Jun 2023 06:00:20 +0000 https://landreport.com/?p=62494 The Forestland Group — had been an excellent steward. Not only were the hardwoods healthy, but the logging had been judicious and beneficial. Unlike The Forestland Group, however, Houston and his team envisioned a different business model. Instead of generating the majority of its revenue from logging, they would let the trees grow. In November 2022, they put their plan into action. A consortium that included the firm that Houston leads — Bluesource Sustainable Forests Company — announced the acquisition of a 1.7-million-acre timberland portfolio, including the Maryland acreage Houston walked. Valued at $1.8 billion, the 2022 Land Report Deal of the Year represents the largest private, carbon-centric forest investment to date.

1.7 Million-Acre Carbon Footprint

“It’s awesome to have a portfolio of 1.7 million acres that can really impact a carbon footprint,” Houston says. “You can say that everybody needs to do that with every acre. But we have the scale now to have real emissions impacts while doing the right thing for this portfolio. We’re looking at each property to try to maximize the amount of carbon that we can sequester. That means we’ll be managing a working forest for the health of the forest, not cutting as much timber as historically has been done,” Houston says. In fact, Bluesource plans to harvest only 10 to 20 percent of the portfolio’s annual timber growth. The bulk of the acres will be used to create carbon offsets, invest in carbon markets, and store hundreds of millions of tonnes of carbon for decades — a bold, innovative revenue strategy for forestland, where lumber and pulp have long been the prime moneymakers. Industrial logging consumes 4.2 million acres of US forestland per year, according to the World Resources Institute, a research nonprofit. Bluesource's carbon-­centric business model has an entirely different focus. “This [approach] is carbon first, flipping that management model on its head,” says Jeanethe Falvey, senior director of marketing and communications at Anew Climate, whose environmental commodities portfolio extends across five continents. “It’s taking an ecology-first and an environmental-first perspective, which is a completely different model than anyone else in the industry,” Falvey says.

Carbon’s Biggest Forestland Splash

Bluesource is a joint venture between Anew Climate and Oak Hill Advisors. Anew provides Bluesource with carbon-development work, including the sale of carbon credits through carbon registries. Oak Hill provides capital to Bluesource. The 1.7-million-acre portfolio was purchased from The Forestland Group, an independent timberland investment management organization (TIMO) with a 25-year record that is headquartered in Chapel Hill, North Carolina. The 2022 Deal of the Year undoubtedly marks carbon’s biggest forestland splash. But other investors have recently placed similar bets. Earlier this year, Campbell Global, a wholly owned timber investment manager for J.P. Morgan Global Alternatives, led the acquisition of more than 250,000 acres of high-quality commercial timberland located in the Southeast and valued at more than $500 million. The transaction gives investors access to “a robust carbon sequestration-and-timber-management platform,” according to Anton Pil, J.P. Morgan’s global head of alternatives. In 2021, Manulife Investment Management bought nearly 90,000 acres of timberland in Maine, near Canada. Those acres are now used to store carbon. And prior to Bluesource’s big buy, the firm had purchased 110,000 forested acres throughout New York, Michigan, Tennessee, Alabama, and Mississippi for carbon sequestration. Now, if you’re new to the topic, here’s a brief primer: Trees absorb and store carbon dioxide from the atmosphere, and hardwood species store more carbon because they are heavier and grow more slowly. Forest-carbon credits or offsets are created when landowners increase their forest’s ability to absorb CO₂ and store carbon. Those credits are bought and sold on carbon markets, including the California Air Resources Board, the only regulated carbon market in the US. Polluters purchase carbon credits to counterbalance the greenhouse gases they emit. So, what’s enticing some private-equity players to acquire huge swaths of timberland and not cut the trees? As with most economic ventures, it starts with the supply. “The (Bluesource) deal is a reflection of the fact that forest assets that are suitable for carbon development are still relatively scarce, especially at scale,” says Larry Selzer, president and CEO of The Conservation Fund, a national nonprofit land trust based in Arlington, Virginia. What’s more, the transaction offered “a very overt signal,” Selzer adds, that the high margins earned by carbon traders won’t be sustainable as carbon markets mature and gain transparency, swaying buyers like Bluesource to create a stable, long-term supply of carbon credits. “And most importantly, for carbon credit buyers who want a stable, long-term supply without price risk or concerns over integrity, you have to own the forest,” Selzer says.

Playing the Long Game

Of course, private equity, by its very nature, is all about the creation of new markets and looking 10 years ahead, making carbon “a perfect fit” for investors now betting on the future of carbon offsets, he continues. “This is exactly the opposite of the traditional real estate model, which by nature is backward-looking at appraisals, timber cash flows, and other data,” Selzer says. Indeed, prices for carbon credits likely won’t overtake the economic benefit of timber production in the near term, but forest-carbon investors are playing the long game, says Joe Taggart, president of LandVest, the largest broker of institutional forestlands in the nation and an advisor to many leading landowners featured in the Land Report 100. “If you double the price of carbon, it looks really attractive, right? So, I think that people are saying there’s a limited amount of land, and the forest-carbon offset credits are going to be part of the solution and a major driver in the marketplace,” Taggart says. “We don’t know, necessarily, if that’s three years or five years or 15 years down the road, but it’s going to happen. And once it does happen, it’s going to be too late to buy the land,” he says. According to Taggart, investors and landowners are talking about carbon much as they did conservation easements. He makes the comparison this way: In the 1990s, conservation easements were “a little clumsy,” and markets had not fully embraced them. Although valuations were tricky, they still were a useful tool. Today, however, conservation easements are a widely accepted landowner tool with broad acceptance. “So, I think that we are just at the beginning of that stage where you’ll see, in the next 10 or 20 years, [carbon] incorporated the way that conservation easements have been,” Taggart says. Smart money aside, many investors also are drawn to the environmental pluses of carbon storage, Houston says. Across its massive portfolio, Bluesource plans to create older, more resilient, and more biodiverse forests while benefiting native plants, wildlife, and people in the nearby towns and cities, he says. “The timing is right for these nature-based solutions within a diversified portfolio,” Houston says. “You’ve got investors and limited partners that are saying, ‘Hey, how can I have an impact? And how can I get an appropriate return through an impact investment?’ That’s truly the basis of this whole investment.” Across their dispersed locations — from the Adirondack Mountains to the Upper Peninsula of Michigan to Louisiana and Florida — the properties span 119 tree species, 225 bird species, more than 60 kinds of mammals, about 240 types of fish, and more than 5,500 miles of streams, rivers, and creeks. Beyond that bounty of natural treasures, the Bluesource team hopes its innovative acquisition inspires timberland owners and investors to take a hard look at carbon. And that specifically includes business competitors across the forestland world, Houston says. “We believe in competition, and we want to help other people in this market and in this industry. We mean that. And our board stands behind that,” Houston says. “We’re here to help anybody who wants to be educated on carbon or wants to figure this out.” That sort of camaraderie certainly isn’t the norm in the cutthroat world of business. But members of the niche forestry community, Houston says, share common goals about land use in North America, including “doing the right thing and making the right changes.” During his ramble through that Maryland property, Houston envisioned some of those “right changes” en route to a carbon-rich future. But the walk also put him in the moment. It gave the registered forester a rare opportunity to savor time in the trees. Because, as the old joke goes: Every forester joined the profession to spend time in the woods — yet, in truth, the job often keeps them deskbound, gazing at screens, not sycamores. For that reason, Houston loves the idea that the deal will also give more people a quiet place to wander the wilds. “I truly believe in the ecological impact, the hydrological [impact], the species diversity, the wildlife, as well as all of the recreational components that will come along with this,” he says. Says Houston, “Hopefully, the people who live in these [nearby] communities will travel to these forests to participate and spend time outside. You know, just as a forester, I think spending time ­outside and in the woods is a lot better than being on an iPad.”]]> 62494 0 0 0 The 2022 Land Report Deal of the Year recognizes a $1.8 billion carbon-centric transaction.

]]> https://landreport.com/2023/06/nature-conservancy-acquires-keweenaw-heartlands/ Mon, 19 Jun 2023 06:00:37 +0000 https://landreport.com/?p=62502 The Nature Conservancy (TNC). In 1975, TNC acquired 5,900 acres at the base of the Upper Michigan's Keweenaw Peninsula, which it subsequently transferred to the US Forest Service. In 1982, it established its first preserve on Keweenaw with the generous donation of 500 acres by Mary Macdonald. And it has collaborated with the Michigan Department of Natural Resources to preserve 15 miles of Lake Superior shoreline. Which only makes last year's acquisition of more than 32,000 acres all the more significant. Owned by The Rohatyn Group, the Keweenaw Heartlands was brought to market by Trina Anderson of AFM Real Estate in four separate packages ranging in size from 5,749 acres to 10,080 acres. TNC closed on three of the four tracts in October and acquired the fourth in December. “The Nature Conservancy is making a difference in Michigan, across the country, and around the world,” said Nicolas Rohatyn, chief executive officer at The Rohatyn Group, in a statement announcing the sales. “TNC has been a great partner in this project. We have been a proud steward of these lands for more than 15 years and are thrilled they will continue to be sustainably managed and that the public will continue to have access to it for years to come."]]> 62502 0 0 0 The four timber tracts in the Keweenaw Heartlands include trout streams, river frontage, and Lake Superior shoreline.

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