Ranch Marketing Associates
2013 Sales: $100 – $200 Million
Who: Focuses on ranches, farmland, and recreational properties. Offices in Colorado, Wyoming, Montana, Texas, and California.
Wow: “RMA had several sales just under the $20 million mark,” says Broker Ron Morris. “The one that stands out was Owl Creek Ranch in North Park, Colorado, a 17,982-acre ranch that runs over 1,500 animal units, has 5,500 tons of hay production, and features 10 miles of river with senior water rights. This ranch appraised for $17.5 million without the mineral rights and sold for $18 million with the minerals to a foreign buyer.”
Insight: Says Morris, “2013 was the year of the return of recreation ranch sales, which had been flat for several years. Buyers who had looked at several ranches followed through. 2014 has had a slow start. Not a lot of inventory on large agricultural ranches, but it appears there is less hesitation when a buyer finds a quality property.”
Pictured Above: On the market for the first time, Wolf Springs Ranch is set along the eastern front of the Sangre de Cristo Mountains in south-central Colorado. The 55,486 deeded acre ranch is a sportsman’s paradise outfitted with plenty of natural resources, production capabilities, and magnificent scenery along the eastern face of the continental divide. Abundant water from several streams, reservoirs and springs support a resident elk herd, plentiful mule deer and pronghorn antelope supporting what could be a revenue-generating hunting operation.
Download the Summer 2014 edition of The Land Report for the complete listing of our fourth annual survey of the country’s leading real estate firms specializing in land.