LandReport.com

2010 Timberland Investment World Summit Oct. 27-29

Eddie Lee — Sun, 29 Aug 2010 22:55:25 +0000

The increasing popularity of timberland as an investment class is drawing individual landowners, chief investment officers, and many more to IQPC’s 8th Timberland Investment World Summit on October 27-29 at The Doubletree Metropolitan Hotel in New York City. Among the leading timber experts scheduled to speak are Gerhard Dieterle (World Bank), Sue Ryan Goodman (APG Asset Manager US), Gregory Janetos (Global Carbon Group), and Joel Shapiro (Timbervest).

Session topics include the future of a more mature, investor-savvy market, return-risk ratio against other asset classes, risk reduction, global updates, timber taxes, and advanced contract considerations.

Land Report subscribers receive a 20 discount off of standard all-access pricing when registering with the code TWTLR4.

Register at www.timberlandworldsummit.com or by calling 212-885-2738. View the program brochure for more information and visit the download center for additional timber resources and speaker interviews.

For Sale: Colorado’s Dallenbach Ranch

Eric OKeefe — Thu, 26 Aug 2010 20:18:56 +0000

A disappointing number of sports stars plow their money into poor investments. Not Wally Dallenbach. In the early 1970s, the legendary Indy car racer took his winnings from the California 500 and bought an absolutely stunning piece of property along the banks of Colorado’s Frying Pan River just outside Basalt. In the 35 years since then, Wally and his wife, Peppy, not only raised a family but they also bettered the lives of thousands of Coloradoans through their own amazing race, the Colorado 500.

Learn their story and take a tour of this one-of-a-kind property HERE.

For Sale: Lonesome Duck Ranch & Resort

Eddie Lee — Thu, 12 Aug 2010 20:47:52 +0000

Oregon’s Williamson River, one of the finest wild trout rivers in the Lower 48, winds through two and a half miles of the Lonesome Duck Ranch and Resort, and over the next decade, the steelhead and salmon may be equally prolific. The majestic river, along with mountains views, rocky cliffs, blue skies, and green pastures adjacent to 100,000 acres of national forest, combine to make the Lonesome Duck the Land Report’s property showcase of the month.

Hunting opportunities abound. “The Klamath basin is directly in the Pacific flyway and is the nesting area for all the migratory waterfowl,” says owner Steve Hilbert. “So it’s huge for ducks and geese. Other native species include elk, deer, and any other critter that you can hunt with a license.”

Or you may just want to sit back and enjoy the wide spectrum of wildlife from your river front patio. “It’s an outdoor extravaganza,” say Hilbert, who purchased the Chiloquin property 15 years ago and built numerous improvements from scratch. “Anything and everything you’d want to do related to outdoor activities is there.”

All five houses are included on the 195-acre tract, which is priced in its entirety at $4.115 million. Hilbert is also marketing the ranch as three separate parcels. The north property, at 98.71 acres, includes 1.25 miles of river frontage, three 1,500-square-foot log homes, plus an 800-square-foot ranch cottage, for $1.6 million. The middle acreage totals 66.41 acres with .75 miles of river frontage, a 4,500-square-foot main residence plus irrigation, a barn, riding arena, and multiple fenced pastures, for $2.25 million. The 30.5-acre south property features .5 miles of river frontage for $265,000.

Tim O’Neil at Oregon Land and Wildlife has the listing and can be reached at (866) 559-3478.

Better yet, book one of the beautiful two-story log cabins and take a tour of the property firsthand.

On the Block: Aubrey McClendon’s 271 Ranch

Eric OKeefe — Mon, 02 Aug 2010 19:41:06 +0000

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.

Land Report Newsletter July 2010

Eric OKeefe — Thu, 29 Jul 2010 16:39:53 +0000

Dear Reader,

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. I promise you there is much more already brewing in the coming days and weeks.

Buy Land!

Eric O’Keefe
Editor, The Land Report
The Magazine of the American Landowner

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

Texas Land Values Drop Just 7% in 2009

Eric OKeefe — Tue, 27 Jul 2010 17:41:54 +0000

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.

Read the complete story, which was originally published in Tierra Grande, HERE.

IP to Sell 163,000 Acres for $200 Million

Stephen O'Keefe — Thu, 22 Jul 2010 16:36:57 +0000

International Paper (IP) will sell 163,000 acres in the Southeast for a minimum of $200 million to an affiliate of Rock Creek Capital, a Jacksonville-based asset management firm that invests in unique, resource-rich land. According to wire reports, IP will 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% of the net profit generated from the land after the Rock Creek affiliate achieves “certain financial returns.”

On the Block: 41.92 Acres in Virginia’s Loudoun County

Eddie Lee — Mon, 21 Jun 2010 19:37:04 +0000

41.92± acres in Virginia’s Loudoun County will be auctioned on July 21 at 1:00 p.m. Loudon County is one of the fastest growing counties in the U.S. The home of Dulles International Airport, it is located approximately 25 miles from the nation’s capital. The property is located in the Lansdowne development and is zoned Planned Development Active Adult Age Restricted (PDAAAR). The property is being sold as the result of partnership dissolution of the developers of Leisure World of Virginia, which had received approval from Loudoun County for low-rise and high-rise structures for 2,278 units. To date, 1,113 units have been completed, which leaves 1,165 units remaining to be built on the two undeveloped parcels.

Auction Type: Absolute
Auction Date: Wednesday, July 21
Auction Time: 1:00 p.m.

Property Description:
19400 Leisure World Blvd., Landsdowne, VA
44219 Slatestone Ct., Leesburg, VA.

For more information, call Tranzon Fox at (888) 621-2110 or visit www.tranzon.com.

On the Block: Aubrey McClendon’s 271 Ranch

Forbes Profiles Land Report 100

Land Report Editors — Tue, 15 Jun 2010 20:32:50 +0000

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 U.S. 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 head honcho 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.

Land Report Newsletter June 2010

Eric OKeefe — Mon, 07 Jun 2010 19:27:57 +0000

Dear Reader,

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.

Enjoy!

Eric O’Keefe
Editor, The Land Report
The Magazine of the American Landowner