The Land Report

SPR 2012

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 13 of 71

12 The LandReport | S P R I N G 2 0 1 2 12 The LandReport | S P R I N G 2 0 1 2 A National Roundup of Rural Real Estate News COMPILED BY STEPHEN O'KEEFE, CFA LANDREPORT.COM G REAT LAKES LandVest Closes on Sale of Wausau Paper Timberland Lyme Timber and The Forestland Group bought 80,200 acres in northern Wisconsin for $42.9M. LandVest's David Speirs served as project manager. GREAT PLAINS Farmers National Reports Record Auction Activity U.S. farmland values jumped 20% to 25% in 2011. Lee Vermeer at FNC predicts "2012 will be another profitable year for those selling land." SOUTH Stronach Increases Adena Spring Ranch to 29,000 Acres The Canadian billionaire now owns more acreage in Florida's Marion County than Walt Disney World. Plans include a 30,000-head cattle ranch. W EST Moonlight Basin Now Belongs to Lehman Brothers After falling behind on loan payments, the 8,000- acre Montana resort was acquired by the estate of the bankrupt financial services company. SOUTHWEST BLM Eyes 237,100 Acres in AZ for Renewable Energy The agency IDed federal lands within 5 miles of cities, towns, transmission lines, and utility corridors for potential solar and wind projects. MIDWEST Warmer Winter Has Farmers Worrying Lack of Arctic blasts has pushed winter temps to unwelcome highs in the Corn Belt. Thin snow cover means decreased soil moisture during broiling summer months. PACIFIC Bonneville Power Spends $5.3M for Habitat Restoration BPA partners with Columbia Land Trust to acquire 920-acre Stock Ranch. Habitat acquisition is largest in Columbia River estuary in 40 years. N ORTHEAST PA Governor Signs 3 Key Energy Bills L egislation signed into law includes a natural-gas drilling bill that requires companies to pay an "impact fee" to help fund various state and local programs.

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