The Land Report

Summer 2016

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: https://landreport.epubxp.com/i/705552

Contents of this Issue

Navigation

Page 75 of 103

72 The LandReport | S U M M E R 2 0 1 6 LANDREPORT.COM R aich Montana Properties w ww.tracyraich.com (406) 223-8418 2015 Sales: < $50 Million Who: Montana ranch, recre- ational, and real estate authorities. Wow: Sold the stunning Shields River Reserve with historic water rights in South Central Montana. Insight: "Prime properties sold at very strong prices," says Owner Tracy Raich. "We still have a lack of premium invento- ry in Park County." Ranch Marketing Associates www.rmabrokers.com (855) 535-0881 2015 Sales: $100 - $250 Million Who: Expertise in bringing American agricultural ranch, farm, and recreation properties to the global marketplace. Wow: Sold the 60,000-acre Y Cross Ranch in Wyoming's Albany and Laramie Counties after less than 90 days on the market. Insight: Limited quality inventory in 2015. Ranch Sellers www.ranchsellers.com (970) 509-5037 2015 Sales: $50 - $100 Million Who: Longtime Coldwell Banker brokerage specializing in the marketing and selling of luxury recreational ranches throughout the West. Wow: Listed the 6,900-acre High Plains Ranch in Kremmling, Colorado, for $39.8 million. Insight: Worth noting in 2015: generational turnover of legacy family compounds and recre- ational ranches along with fewer international buyers. Sonny Todd Real Estate www.sonnytoddrealestate.com (866) 932-1031 2015 Sales: $50 - $100 Million Who: Montana-based experts in buying and selling ranches and r ecreational real estate through- out the Treasure State. Wow: C ompleted a multi- faceted transaction involving a substantial property in the Ponderosa Pines Ranch, which included helping the sellers find a 1031 replacement property near the Yellowstone River. Insight: "We had a great first few months of 2016 and are anticipating steady activity with many closings at the end of the year and the beginning of 2017," says Logan Todd. Thistledew Land & Cattle Company www.thistledewland.com (406) 962-3310 2015 Sales: < $50 Million Who: Regional land and ranch sales authorities with special expertise in cattle and land management. Wow: Set a new record for farmland value in the Clarks Fork River Valley when selling Neiss Farm. Insight: Excellent year in spite of a flat market. United Country Elevation Real Estate Company www.durangorealestatepros.com (547) 387-2646 2015 Sales: < $50 million Who: Area leaders in unique farms and ranches as well as residential mountain properties. Wow: Co-listed Cottonwood Springs Ranch, a multi-faceted luxury equestrian ranch near Durango offered at $8.95 million. Insight: The local market reached pre-Great Recession valuations and activity in 2015. United Country RealQuest Realty www.realquestrealty.net (970) 256-9700 A M E R I C A ' S BEST BROKERAGES 2015 Sales: < $50 Million Who: Colorado-based leader in recreational ranches, mountain properties, wineries, and invest- ment properties as well as con- servation easements, wetland mitigation, and mining, plus mineral and water rights. Wow: Structured a $19.6 million sale wherein the buyer paid 50 percent of the cost with residual life policies. Insight: Lifestyle property sales in Western Colorado were up 38 percent over 2014. Western Mountain Real Estate www.westernmtn.com (719) 539-1900 2015 Sales: < $50 Million Who: Longtime specialists in equestrian and hunting ranches as well as residential mountain homes throughout Colorado. Wow: All but two transactions in 2015 were the company's own listings. Insight: Owner Carol Games anticipates a record 2016. "We have already tripled 2015's sales volume for the same time period." Western Ranches www.westernranches.com (307) 733-6060 2015 Sales: < $50 Million Who: A division of Jackson Hole Real Estate Associates affiliated with Christie's International Real Estate. Wow: Listed the $45 million Little Jennie Ranch just south of Jackson Hole, a 3,000-plus acre ranch in the foothills of the Gros Ventre Range with miles of trout streams, aspen and fir stands plus vast rolling meadows. Insight: "We have seen strong market activity, which is consis- tent with real estate around the region and throughout the U.S.," says Broker Chopper Grassell. Western United Realty www.ranchbrokers.com (307) 745-6024 2015 Sales: < $50 Million Who: Experts in large ranches in Wyoming and Colorado. Wow: Sale of two significant ranches with conservation ease- ments in place. Insight: "Buyers are more par- ticular in their selection criteria," says Broker James Rinehart. G R E A T P L A I N S J.P. Weigand & Sons www.weigand.com (316) 292-3991 2015 Sales: $100 - $250 Million Who: Established in 1902, this Wichita-based firm has grown and prospered over the last century and specializes in farm and ranchland, recreational tracts, transitional acreage, and development land. Wow: Sold a significant 5,688- acre Kansas ranch that was listed for $12.5 million, which featured high-quality ponds, multiple creeks, cross-fenced land, and numerous pastures with excel- lent grazing. Insight: "We think there will be a flight to quality when it comes to the land market," says President John Rupp. "Land that features sought-after characteristics such as produc- tive soil associations, good water, hunting, or quality pasture will continue to sell well and attract buyers while land that is more marginal or not as productive will see a bit of decline in the market."

Articles in this issue

Links on this page

Archives of this issue

view archives of The Land Report - Summer 2016