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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6 The LandReport | S P R I N G 2 0 1 2 LANDREPORT.COM T hose who read The Land Report know that the $28.5 million sale of Camp Cooley Ranch was by no means the biggest deal of 2011. In fact, it came up a million acres short of that mark, which John Malone set when he bought a huge swath of timberland belonging to GMO Renewables in Maine and New Hampshire. So why the honor? To begin with, many of the clients of the Best Brokerages featured in this issue utilize Non-Disclosure Agreements and Confidentiality Agreements. Camp Cooley was a court-ordered sale. And that means the buyer, the seller, the sale price — all are public record. Never underestimate the power of full disclosure. Second, Camp Cooley was stigmatized. It was bankrupt. It had been quarantined. No broker had been able to market it. Not only was it toxic, but it came frighteningly close to being drawn and quartered via foreclosure. Last but not least, the timing of the Camp Cooley sale couldn't have been worse. As Henry Chappell points out, you have to go back to 1995 to find a slower market for rural land in Texas. I invite you to read "Against All Odds" and let me know if you agree with this assessment of the Deal of the Year. If you don't — be prepared to back up your claim with names and numbers: I'll want all the facts! E r i c O' K e e f e editor@landreport.com Because all the cards were dealt face up. PINE RIDGE RANCH Kaycee, Johnson County, Wyoming Superb ranch with 28,453+/- total contiguous acres: 25,973+/- deeded, 1,600+/- State lease, 880+/- BLM lease acres. 700 cow/calf pairs year-round carrying ca- pacity. Excellent set of improvements including 3 cus- t om-built log homes and much more! P rice: $8,700,000 or $343/deeded acre Contact Cory, Mark or Denver at (307) 334-2025 BONER RANCH Lusk, Niobrara County, Wyoming Historic 39,359± total acre ranch located 35+ miles north of Lusk: 32,998+ deeded, 3,361+ State lease and 3,000+ BLM lease acres. Ample water from windmills, stock water reservoirs along with 4 wells and pipelines. Improve- ments include 2 residences, 2 sets of working corrals. Price: $12,000,000 Contact Cory Clark at (307) 334-2025 ELK CANYON RANCH Hot Springs, Fall River County, South Dakota 7,116+/- deeded acre ranch just 30 minutes from Hot Springs and Custer State Park. Seven miles of live water. Excellent hunting opportunities. 750 farmable acres. Custom 7,000 sq. ft log home, calving barn, working corrals, horse barn, shop & more. Price Reduced to $5,000,000 Contact Cory Clark at (307) 334-2025 LUSK, WYOMING (307) 334-2025 736 S. Main Street PO Box 47 Lusk, WY 82225 HULETT, WYOMING (307) 760-9510 BILLINGS, MONTANA (406) 697-3961 CHEYENNE, WYOMING (406) 697-3961 BUFFALO, WYOMING (307) 684-2125 Licensed in Wyoming, Montana, South Dakota, Nebraska & Colorado Editor's Note Why the Deal of the Year?

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