The Land Report Winter 2012

Land Report Cover Winter 2012Ring 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.

All these and many more stories 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 FacebookTwitter, and Pinterest.

Land Report October 2012 Newsletter

Land Report Newsletter October 2012A 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 FacebookTwitter, and Pinterest.

The Land Report Summer 2012

Land Report Summer 2012Did 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.

You can access the digital edition free of charge HERE.

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.

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.

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

Land Report May 2012 Newsletter

Land Report Newsletter May 2012Many 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.

The Land Report Spring 2012

Enjoy the Spring issue of The Land Report!

Learn the stories of America’s Best Brokerages in our second annual survey. More than 70 are profiled from coast to coast. Read how Bernie Uechtritz pulled off 2011′s Deal of the Year by selling Camp Cooley Ranch in just 45 days. 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.

Land Report March 2012 Newsletter

Land Report Newsletter March 2012 coverThe Spring issue of The Land Report has arrived!

Right now it’s en route to bookstores such as Barnes & Noble and subscribers’ offices around the world, but thanks to the miracles of modern technology you can read right now right HERE.

Learn the stories of America’s Best Brokerages in our second annual survey. More than 70 are profiled from coast to coast. Read how Bernie Uechtritz pulled off 2011′s Deal of the Year by selling Camp Cooley Ranch in just 45 days. 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.

Land Report November 2011 Newsletter

Land Report Newsletter November 2011Take 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.

Minnesota Power to Expand Bison Wind Farm

Wind Farm

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.

Read more HERE.

 

Market Watch: Chicago Fed Cites Surge in Midwest Land Prices

 Farmland

Agricultural land values in the Seventh Federal Reserve District jumped 12% 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 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.

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

Land Report 100: William Noble Lane II

William Noble Lane II

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.

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