Ron Morris of Ranch Marketing Associates represented the buyer in the sale of the 290,000acre Bell Ranch in northern New Mexico - the

Transcription

1 RMA Integrated Marketing A truly extraordinary property deserves an extraordinary marketing campaign that goes beyond the traditional approach to real estate marketing. RMA doesn t just advertise a property - it develops an integrated marketing communication strategy that includes all the tools available. Speed to the Market - Our philosophy is to go big or stay home. This means producing the most exposure possible, quickly, bringing the greatest amount of buyers in the shortest amount of time. Existing Client Base and Contacts - One of our most important assets is our diverse database of investors, organizations and high net-worth individuals who are interested in ranch real estate. Photography - A photograph speaks a thousand words, and images of RMA properties convey volumes. Direct Mail - Customized, targeted and alluring direct mail pieces are distributed to our extensive database. Print Advertising - RMA goes beyond the standard publications and also looks at national media and regional insertions. Campaign - We regularly listing updates, our newsletter and notable news releases to our extensive list. Website/Internet - An intriguing and informative website provides up-to-theminute and detailed information on all of our listings. Networking and Broker Cooperation - It is our belief that networking with other brokers is key in reaching the broadest possible market. MARKET NUMBERS Reflecting the overall market trend, farm and ranch prices decreased in 2009 but at a significantly lower rate than commercial and residential real estate: $ National average price per acre of raw land in 2010 $ 2,7 0 0 National average price per acre for cropland in 2010 V O L U M E 7 / S umme r In and out of the saddle, Ranch Marketing Associates National average price per acre possesses an unparalleled National average price increase per character of the land and $1,070 for pasture in 2010 $ 14 0 RANCH JOURNAL acre for farm and ranch land understanding of the SPOT COLOR VERSIONS the AmericanWest, providing clients with unequaled representation in every ranch Ranches For Sale transaction. Made of the same Vista Larga Ranch ault, colo r ado 480 acres. $1,300,000 Jason Legler or Ron Morris High Meadows Ranch steamboat sp r in g s, co 196 acres. $3,900,000 Ron Morris Roan Creek Ranch (Under Contract) 120 acres. $780,000 Billy Long El Capitan Ranch r uidosa, new me x ico 11,700 acres. $19,200,000 Billy Long or Ron Morris debe q ue, C olo r ado p r in g le, south dako y a 520 acres. $960,000 Ron Morris and conversant in Split Rock Ranch mudd y g ap, w y omin g 200,000 acres. Offered at $8,900,000 Rockin R Ranch pa g osa sp r in g s, colo r ado 35 acres. $1,600,000 Ron Morris all aspects of ranch sales - Bell Ranch san mi g uel count y, new me x ico 290,100 acres. Offered at $83,000,000 Little Deer Creek Ranch fo r t la r amie, w y omin g 5,525 acres. $2,400,000 Richard Peterson or Ron Morris Travis Ranch r uth, califo r nia 100,000 acres. Offered at $10,500,000 Hay Draw Ranch U nion C ente r, S outh D akota 2,240 acres. $3,200,000 Ron Morris Spear-O-Wigwam Ranch she r idan, Offered at $800,000 Investment Land & Water windso r / seve r ance, C o 157 acres. $2,700,000 Ron Morris Marabou Ranch steamboat sp r in g s, co sp r in g s, colo r ado acres. Offered at $2,050,000 Smith Ranch on the Belle Fourche River hulett, w y 17 acres. $325,000 Matt Johnston or Ron Morris Big West Ranch powde r r ive r, w y omin g 44,000 acres. Offered at $9,800,000 Sentinel Ranch in Estes Park estes pa r k, colo r ado acres. $659,000 Jason Legler or Ron Morris Canadian River Ranch investment and w y omin g 122 acres. Offered at $1,950,000 alde r, montana 8,871 total acres. $7,800,000 Ron Morris or Billy Long offering complete recreational, sporting ranch services. The Lower Elk River Valley Ranch steamboat Ruby Lake Ranch life of ranchers, our seasoned brokers are knowledgeable Sold Ranches Argyle Ranch leather and living the walden, C olo r ado 3,380 acres. Offered at $2,600,000 W W W.RMABROKERS.COM ASPEN PO Box 1970 Basalt, CO DENVER PO Box 160 Johnstown, CO SHERIDAN PO Box 7284 Sheridan, WY ASPEN DENVER SHERIDAN Walton Ranch CMYK VERSIONS J ackson, w y omin g Ranch Market Overview - Smart Money Back in the Market After a three year slow down in the ranch land market, significant activity has returned as indicated by several substantial sales which occurred in the last twelve months. Ron Morris of Ranch Marketing Associates represented the buyer in the sale of the 290,000acre Bell Ranch in northern New Mexico - the largest single sale of blocked-up deeded ranch land to trade in over half a century - which was initially listed at $83 million. In Montana, the 34,000-acre G Hanging Dash Ranch located near Twin Bridges and listed at $32.5 million, sold to a Boston, Massachusetts private equity investment firm. Billionaire Tom Siebel s 62,000-acre N Bar Ranch located 100 miles north of Billings on the edge of the Snowy Mountains and listed at $45 million was sold to an oil-drilling equipment maker. The 16,680-acre Saypo Cattle Company in Choteau, Montana, originally listed at $24 million, sold to an undisclosed buyer who is rumored to be a Wall Street executive. The 18,500-acre Sun Ranch in Madison Valley, listed at $42 million sold to the CEO of multi-national mining company Several large sales also took place in California and Colorado. The 6,400-acre Oak Ridge Ranch, in California s Carmel Valley, a cattle ranch rich with wildlife was listed for $16.9 million and sold to the family of the CEO of an oil and natural gas company. In Colorado, the 3500-acre Bootjack Ranch near Pagosa Springs was sold for $46.5 million to a Texas energy billionaire. The recent sales activity in large trophy and investment grade ranches demonstrates that smart money is back in the market. Several factors have contributed to these investments. The stock market recovery has restored wealth and confidence to many high net worth players. Economic and cultural uncertainty has many people looking for a safe haven, not just for their assets but also for their families. Most ranch buyers also appreciate the legacy potential the ability to control, enhance and maintain the land, sometimes in perpetuity. Lastly, rich agricultural land with the ability to produce food offers a return that will keep up with inflation in almost any scenario. Appreciation can be expected and risk is low. Properties of interest to investors will be high quality and priced realistically. During the unstable market of the last few years, prices rose to unsustainable highs around 2006 and some ranches traded at half their prior artificially inflated - sales prices since then. But quality properties and those with desirable features such as rivers have held their value due to the scarcity of such land in the west. As recent sales indicate, record low interest rates and low rates of return on many alternative investments make ranch land a competitive investment.

2 OUR TEAM m Ron Morris Billy Long Broker and Founding Partner Aspen Office: billy@rmabrokers.com Broker and Founding Partner Denver Office: ron@rmabrokers.com Carl Luppens Denver Office: carl@rmabrokers.com Richard Peterson Matt Johnston Denver Office: richard@rmabrokers.com Doug Haye Sheriden Office: doug@rmabrokers.com Sheridan Office: matt@rmabrokers.com Hanna Creek Ranch bi g ho r n, w y omin g 17 acres. $1,100,000 Doug Haye A Performance Equestrian Estate at Cottonwood Springs Ranch D u r an g o, C olo r ado 540 acres. $12,000,000 Ron Morris or Billy Long Jason Legler Denver Office: jason@rmabrokers.com X Lazy V Ranch r aton, new me x ico 1,880 acres. $940,000 Jason Legler or Ron Morris Shepardsbend on the Colorado River k r emmlin g, co 172 acres. $1,850,000 Ron Morris or Billy Long The Walton Ranch jackson, w y omin g The iconic Walton Ranch in Jackson Hole is on the market for the first time. Set along the legendary Snake River in the shadow of Wyoming s magnificent Grand Teton Mountain Range, this legacy property is just five miles from downtown Jackson and fifteen minutes to world-class skiing and commercial/private air service. A destination mountain resort known for its year-round recreational opportunities and home to some of America s top corporate leaders, Jackson has a lively art scene, upscale retail and sophisticated dining. The 1,848-acre Walton Ranch is a one-of-a-kind property operating as a cattle ranch with its own resident elk herd and home to deer, eagles and bears with fishing access along three miles of the Snake River. Surrounded by natural beauty and close to Yellowstone and Grand Teton National Parks, the Walton Ranch offers a rare opportunity to own a sizable ranch in one of the most sought after locations in the world. Offered for $100 million. Ron Morris and Billy Long Chaparral Lakes Ranch r eddin g, C alifo r nia 400 acres. $1,250,000 Billy Long Silver Spring Farm ashland, o r e g on 60 acres. $4,995,000 Billy Long Apishapa River Canyon Ranch fowle r, colo r ado 13,002 total acres. $2,980,000 Ron Morris Bear Creek Ranch shin g letown, califo r nia 673 acres. $3,800,000 Billy Long m

3 Colorado River Ranch dotsero, Colorado 1,017 acres. $14,900,000 Billy Long or Carl Luppens Wind River Valley Ranch crowheart, wyoming 140 acres. $800,000 Richard Peterson or Ron Morris, Half Moon Bar Lodge medford, oregon 80 acres. $5,000,000 Billy Long Steamboat Lake Outfitters steamboat springs, Co 12 acres. $999,000 Carl Luppens or Ron Morris Chatellen Farrm fort collins, colorado 126 acres. $3,400,000 Ron Morris North Platte River Ranch casper, wyoming 69,200 acres. $28,000,000 Ron Morris or Matt Johnston Pine Ridge Elk Ranch Harrison, Nebraska 800 acres. $1,950,000 Ron Morris or Richard Peterson Royal Elk at Diamond Star Ranch vail, Colorado 140 acres. $7,767,000 Carl Luppens or Ron Morris

4 Sun Dance Ranch colorado springs, colorado 371 acres. $2,200,000 Jason Legler or Ron Morris Y-6 Ranch Meriden, wyoming 24,750 +/- acres. $15,950,000 Ron Morris OW and Pitchfork Ranches montana & wyoming 64,000+ total acres. $18,000,000 for 50% interest Ron Morris, Matt Johnston, Billy Long or Richard Peterson Antelope Valley Ranch cotopaxi, colorado 1,500 acres. $3,500,000 Billy Long J C Cross Ranch keenesburg, colorado 255 acres. $1,500,000 Jason Legler or Ron Morris Pa Gomo at Gray Head telluride, coloroad 35 acres. $19,500,000 Billy Long Piney Creek Ranch story/banner, wyoming 250 acres. $1,975,000 Doug Haye or Ron Morris Flattops Wildlife Ranch toponas, Colorado 954 acres. $3,339,000 Carl Luppens

5 Shadow Creek Ranch silverthorne, Colorado 70 acres. $1,500,000 Carl Luppens or Ron Morris Moonshadow Ranch steamboat Springs, Colorado 38 acres. $7,500,000 Ron Morris Fazenda das Pedras westcliffe, colorado 140 acres. $2,200,000 Richard Peterson or Ron Morris Big Creek Ranch Steamboat springs, Colorado 5,034 acres. $59,900,000 Ron Morris or Billy Long Powderhorn Wilderness Hideout powderhorn, co 4.77 acres. $500,000 Jason Legler or Ron Morris L Cross Ranch La Garita, Colorado 6,200 deeded acres. $5,900,000 Ron Morris Bonsall Farm bonsall, California 140+ acres. $11,950,000 Billy Long Clermont Ranch elbert, colorado 160 acres. $1,850,000 Jason Legler or Ron Morris

6 Gatlin Homestead story, wyoming 40 acres. $1,750,000 Doug Haye or Ron Morris Eagle Ridge Ranch, Homestead 11 gunnison, Colorado 1/15th of 4,900 acres. $2,690,000 Billy Long or Ron Morris Lake Berryessa Ranch st. helena, california 4,400 acres. $9,900,000 Billy Long Two Rivers Cow Camp steamboat springs, Colorado 23 acres. $2,300,000 Ron Morris or Carl Luppens Dumbell Ranch Alcova, Wyoming 118,746 total acres. $9,100,000 Ron Morris or Matt Johnston J Bar Horseshoe Ranch powderhorn, colorado 39 acres. $1,800,000 Jason Legler or Ron Morris Five Star Ranch westcliffe, Colorado 561 total acres. $4,900,000 Ron Morris Trail Mountain Ranch grand lake, colorado 174 acres. $749,000 Carl Luppens or Ron Morris

7 OUR TEAM m Ron Morris Billy Long Broker and Founding Partner Aspen Office: billy@rmabrokers.com Broker and Founding Partner Denver Office: ron@rmabrokers.com Carl Luppens Denver Office: carl@rmabrokers.com Richard Peterson Matt Johnston Denver Office: richard@rmabrokers.com Doug Haye Sheriden Office: doug@rmabrokers.com Sheridan Office: matt@rmabrokers.com Hanna Creek Ranch bi g ho r n, w y omin g 17 acres. $1,100,000 Doug Haye A Performance Equestrian Estate at Cottonwood Springs Ranch D u r an g o, C olo r ado 540 acres. $12,000,000 Ron Morris or Billy Long Jason Legler Denver Office: jason@rmabrokers.com X Lazy V Ranch r aton, new me x ico 1,880 acres. $940,000 Jason Legler or Ron Morris Shepardsbend on the Colorado River k r emmlin g, co 172 acres. $1,850,000 Ron Morris or Billy Long The Walton Ranch jackson, w y omin g The iconic Walton Ranch in Jackson Hole is on the market for the first time. Set along the legendary Snake River in the shadow of Wyoming s magnificent Grand Teton Mountain Range, this legacy property is just five miles from downtown Jackson and fifteen minutes to world-class skiing and commercial/private air service. A destination mountain resort known for its year-round recreational opportunities and home to some of America s top corporate leaders, Jackson has a lively art scene, upscale retail and sophisticated dining. The 1,848-acre Walton Ranch is a one-of-a-kind property operating as a cattle ranch with its own resident elk herd and home to deer, eagles and bears with fishing access along three miles of the Snake River. Surrounded by natural beauty and close to Yellowstone and Grand Teton National Parks, the Walton Ranch offers a rare opportunity to own a sizable ranch in one of the most sought after locations in the world. Offered for $100 million. Ron Morris and Billy Long Chaparral Lakes Ranch r eddin g, C alifo r nia 400 acres. $1,250,000 Billy Long Silver Spring Farm ashland, o r e g on 60 acres. $4,995,000 Billy Long Apishapa River Canyon Ranch fowle r, colo r ado 13,002 total acres. $2,980,000 Ron Morris Bear Creek Ranch shin g letown, califo r nia 673 acres. $3,800,000 Billy Long m

8 RMA Integrated Marketing A truly extraordinary property deserves an extraordinary marketing campaign that goes beyond the traditional approach to real estate marketing. RMA doesn t just advertise a property - it develops an integrated marketing communication strategy that includes all the tools available. Speed to the Market - Our philosophy is to go big or stay home. This means producing the most exposure possible, quickly, bringing the greatest amount of buyers in the shortest amount of time. Existing Client Base and Contacts - One of our most important assets is our diverse database of investors, organizations and high net-worth individuals who are interested in ranch real estate. Photography - A photograph speaks a thousand words, and images of RMA properties convey volumes. Direct Mail - Customized, targeted and alluring direct mail pieces are distributed to our extensive database. Print Advertising - RMA goes beyond the standard publications and also looks at national media and regional insertions. Campaign - We regularly listing updates, our newsletter and notable news releases to our extensive list. Website/Internet - An intriguing and informative website provides up-to-theminute and detailed information on all of our listings. Networking and Broker Cooperation - It is our belief that networking with other brokers is key in reaching the broadest possible market. MARKET NUMBERS Reflecting the overall market trend, farm and ranch prices decreased in 2009 but at a significantly lower rate than commercial and residential real estate: $ National average price per acre of raw land in 2010 $ 2,7 0 0 National average price per acre for cropland in 2010 V O L U M E 7 / S umme r In and out of the saddle, Ranch Marketing Associates National average price per acre possesses an unparalleled National average price increase per character of the land and $1,070 for pasture in 2010 $ 14 0 RANCH JOURNAL acre for farm and ranch land understanding of the SPOT COLOR VERSIONS the AmericanWest, providing clients with unequaled representation in every ranch Ranches For Sale transaction. Made of the same Vista Larga Ranch ault, colo r ado 480 acres. $1,300,000 Jason Legler or Ron Morris High Meadows Ranch steamboat sp r in g s, co 196 acres. $3,900,000 Ron Morris Roan Creek Ranch (Under Contract) 120 acres. $780,000 Billy Long El Capitan Ranch r uidosa, new me x ico 11,700 acres. $19,200,000 Billy Long or Ron Morris debe q ue, C olo r ado p r in g le, south dako y a 520 acres. $960,000 Ron Morris and conversant in Split Rock Ranch mudd y g ap, w y omin g 200,000 acres. Offered at $8,900,000 Rockin R Ranch pa g osa sp r in g s, colo r ado 35 acres. $1,600,000 Ron Morris all aspects of ranch sales - Bell Ranch san mi g uel count y, new me x ico 290,100 acres. Offered at $83,000,000 Little Deer Creek Ranch fo r t la r amie, w y omin g 5,525 acres. $2,400,000 Richard Peterson or Ron Morris Travis Ranch r uth, califo r nia 100,000 acres. Offered at $10,500,000 Hay Draw Ranch U nion C ente r, S outh D akota 2,240 acres. $3,200,000 Ron Morris Spear-O-Wigwam Ranch she r idan, Offered at $800,000 Investment Land & Water windso r / seve r ance, C o 157 acres. $2,700,000 Ron Morris Marabou Ranch steamboat sp r in g s, co sp r in g s, colo r ado acres. Offered at $2,050,000 Smith Ranch on the Belle Fourche River hulett, w y 17 acres. $325,000 Matt Johnston or Ron Morris Big West Ranch powde r r ive r, w y omin g 44,000 acres. Offered at $9,800,000 Sentinel Ranch in Estes Park estes pa r k, colo r ado acres. $659,000 Jason Legler or Ron Morris Canadian River Ranch investment and w y omin g 122 acres. Offered at $1,950,000 alde r, montana 8,871 total acres. $7,800,000 Ron Morris or Billy Long offering complete recreational, sporting ranch services. The Lower Elk River Valley Ranch steamboat Ruby Lake Ranch life of ranchers, our seasoned brokers are knowledgeable Sold Ranches Argyle Ranch leather and living the walden, C olo r ado 3,380 acres. Offered at $2,600,000 W W W.RMABROKERS.COM ASPEN PO Box 1970 Basalt, CO DENVER PO Box 160 Johnstown, CO SHERIDAN PO Box 7284 Sheridan, WY ASPEN DENVER SHERIDAN Walton Ranch CMYK VERSIONS J ackson, w y omin g Ranch Market Overview - Smart Money Back in the Market After a three year slow down in the ranch land market, significant activity has returned as indicated by several substantial sales which occurred in the last twelve months. Ron Morris of Ranch Marketing Associates represented the buyer in the sale of the 290,000acre Bell Ranch in northern New Mexico - the largest single sale of blocked-up deeded ranch land to trade in over half a century - which was initially listed at $83 million. In Montana, the 34,000-acre G Hanging Dash Ranch located near Twin Bridges and listed at $32.5 million, sold to a Boston, Massachusetts private equity investment firm. Billionaire Tom Siebel s 62,000-acre N Bar Ranch located 100 miles north of Billings on the edge of the Snowy Mountains and listed at $45 million was sold to an oil-drilling equipment maker. The 16,680-acre Saypo Cattle Company in Choteau, Montana, originally listed at $24 million, sold to an undisclosed buyer who is rumored to be a Wall Street executive. The 18,500-acre Sun Ranch in Madison Valley, listed at $42 million sold to the CEO of multi-national mining company Several large sales also took place in California and Colorado. The 6,400-acre Oak Ridge Ranch, in California s Carmel Valley, a cattle ranch rich with wildlife was listed for $16.9 million and sold to the family of the CEO of an oil and natural gas company. In Colorado, the 3500-acre Bootjack Ranch near Pagosa Springs was sold for $46.5 million to a Texas energy billionaire. The recent sales activity in large trophy and investment grade ranches demonstrates that smart money is back in the market. Several factors have contributed to these investments. The stock market recovery has restored wealth and confidence to many high net worth players. Economic and cultural uncertainty has many people looking for a safe haven, not just for their assets but also for their families. Most ranch buyers also appreciate the legacy potential the ability to control, enhance and maintain the land, sometimes in perpetuity. Lastly, rich agricultural land with the ability to produce food offers a return that will keep up with inflation in almost any scenario. Appreciation can be expected and risk is low. Properties of interest to investors will be high quality and priced realistically. During the unstable market of the last few years, prices rose to unsustainable highs around 2006 and some ranches traded at half their prior artificially inflated - sales prices since then. But quality properties and those with desirable features such as rivers have held their value due to the scarcity of such land in the west. As recent sales indicate, record low interest rates and low rates of return on many alternative investments make ranch land a competitive investment.