The Land Report

2019 TX

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.

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Page 24 of 99

E XPLO R E R AN CH E S FrontGate Private Paradise Since December, Explore Ranches has opened the gates to 353,069 acres of private land. Established by ranch owners for ranch owners, EXPLORE RANCHES offers exclusive access to private landholdings across Texas and beyond. — Lisa Martin G uests had come to ogle steep bluffs and sheer canyon walls. e pitch-black West Texas skies stole their breath. And the rolling hills, speckled with motts of oak, juni- per, 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 Moun- tains 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. e 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 wilder- ness," says Kleberg, who helps man- age 20,000 acres of diverse wild- life habitat and ranchland as an associate direc- tor 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 scru- tinizing the competitive set, Kleberg, Ryan, and Jesse Womack launched Explore Ranches in December 2018. eir mission: to open the gates to pri- vate 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. e 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. C A S H F L O W C A S H F L O W | E S S E N T I A L S | T O P T E N | E V E N T S 23 TEX AS 20 19 | e LandReport L ANDREP ORT.COM

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