The Magazine of the American Landowner is an essential guide for investors, landowners, and those interested in buying or selling land. The award-winning quarterly is known for its annual survey of America's largest landowners, The Land Report 100.
Issue link: http://landreport.epubxp.com/i/705552
78 The LandReport | S U M M E R 2 0 1 6 Who: Rural property brokerage specializing in timberland, farm- land, recreational properties, and pastureland as well as representing timber REITs in Arkansas, Louisiana, Mississippi, Oklahoma, and Texas. Wow: Sale of the 200-acre Cedar Lake Estate in South Arkansas that included a 16-acre private fishing lake. Insight: "The merger of Weyerhaeuser and Plum Creek will have a great impact on our region in 2016 — hopefully a positive one," says Harris DuBose. Eshenbaugh Land Company www.thedirtdog.com (813) 287-8787 2015 Sales: $50 - $100 Million Insight: Steady market for the year with anticipated improve- ment throughout Central Florida in 2016. Frank Hardy Sotheby's International Realty www.frankhardy.com (434) 296-0134 2015 Sales: $50 - $100 Million Who: Expertise in land, farm, estate, and waterfront offerings with an emphasis on discretion and professionalism. Wow: Represented the owners in the sale of Pleasant Point, a priceless 21-acre tract in close proximity to Colonial Williamsburg that included an early American home dating to 1760. Jon Kohler & Associates www.jonkohler.com (850) 508-2999 2015 Sales: $100 - $250 Million Who: Southeastern leader in plantations, ranches, and other high-quality land. Wow: Sold Greenwood Plantation, which was on the A M E R I C A ' S BEST BROKERAGES LANDREPORT.COM market for the first time since 1899. The property comprises old-growth longleaf pine forest as well as an antebellum mansion considered one of the finest examples of Greek Revival architecture in America. Insight: "2015 marked the official return to 'normalcy' in the plantation market inventory," says Jon Kohler. "Buyers contin- ue to seek diversity in their plantation investment aside from quail numbers." Larson & McGowin Properties www.larsonmcgowin.com (251) 438-4581 2015 Sales: $50 - $100 Million Who: Timberland and recre- ational property specialists with a half-million acres under management. Wow: Marketed and sold a 22,000-acre ownership in Tennessee, Mississippi, and Alabama. Insight: "2015 was an active year with buyers relying heavily on fundamentals when setting prices and expectations," says Broker Chandlar Graham. "With a bumpy start to 2016 in the stock market, many investors may be looking to diversify further into timberland." Lile Real Estate www.lilerealestate.com (501) 374-3411 2015 Sales: $50 - $100 Million Who: Little Rock-based special- ists in agricultural, recreational, and timberland throughout the Mid-South. Wow: Offered the historic Belcher Hunting Club, which generated six legitimate bids. Insight: "We found very few quality investment-grade farms trading, due in large part to the significant decline in commodity prices and prospective divesting l andowners wanting to wait for prices to increase before placing their property on the market," says Broker Gar Lile. Mossy Oak Properties Cache River Land & Farm www.arkansaslandandfarm.com (501) 278-5330 2015 Sales: < $50 Million Who: Arkansas-based authorities on rural land with opportunities in hunting, fishing, and farming centering around row crops, cattle, and timber resources. Wow: Sales up 6.5 percent year- to-year with ducks continuing to dominate thanks to above- average market price when owners can document good duck production. Insight: Poor commodity prices, a wet spring planting season, and high humidity in the night pollination season put a damper on per-acre gains during most of 2015 with an upward trend in prices seen in last quarter. Mossy Oak Properties Coastal Land & Real Estate www.mossyoakproperties.com (912) 674-2700 2015 Sales: < $50 Million Who: Full-service brokerage focused on rural land, recreation- al land, farmland, and timberland with a special expertise in transitional development land. Wow: Listed the 249-acre Blueberry Farm in Clinch County, Georgia, for $3.5 million. Insight: "2015 was a solid year in the Georgia land market with an increase across the board in demand for land," says Broker Terrell Brazell. "We are looking for more quality inventory to keep up with the demand." Mossy Oak Properties Delta Land Management Co. www.arkansaslandforsale.com (866) 604-4707 2015 Sales: $50 - $100 Million Who: Leaders in row-crop agriculture, waterfowl hunting properties, and recreational tracts with a new second office near Marshall, Arkansas. Wow: Closed on a 460-acre farm for a longtime investor after just 10 days on the market. Insight: Sold more recreational properties than agricultural for the first time in a decade. Mossy Oak Properties Dixie Land & Wildlife www.mossyoakproperties.com (731) 610-2473 2015 Sales: $50 - $100 Million Who: Investment or recreational properties emphasizing wildlife, timber, and natural resources. Wow: Brokered a 1,200-acre duck- and deer-hunting property adjoining Shiloh National Battlefield featuring row crops, hunting, and park access. Insight: "I don't buy the election-year thing," says Brad Hawkins. "People can use it either to motivate to buy or to sell." Mossy Oak Properties Forest Investments www.mossyoakproperties.com (601) 684-1516 2015 Sales: < $50 Million Who: Experts in the acquisition, sale, and management of timber- land and recreational properties in Louisiana and Mississippi with an emphasis on locating and analyzing forestland investments, 1031 exchanges, and helping clients purchase land through self-directed IRAs. Insight: Thanks to the drastic drop in oil and gas prices, "we have clients looking to dispose of nonessential holdings or considering ways of holding on to their property through timber sales or downsizing," says Rick Taylor.