Timberland Investment
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The Molpus Woodlands Group Announces 15,815 Acre Timberland Offering in Oklahoma

The Molpus Woodlands Group Announces 15,815 Acre Timberland Offering in Oklahoma | Timberland Investment | Scoop.it
The Molpus Woodlands Group is offering an investment-grade 15,815 +/- acre timberland property located in Pushmataha County, Oklahoma. The Project Pushmataha offering comprises of nine timberland tracts distributed across eastern Pushmataha County, Oklahoma, ranging in size from 480 acres to 4,276 acres. These timberlands have operated as commercial forests for decades and continue to be a ready resource for the Oklahoma, Arkansas, and Texas lumber and paper markets. Southeastern Oklahoma offers a competitive timber market with a variety of mill options for the delivery of raw material. The timberlands have been certified under the Sustainable Forestry Initiative (SFI) for many years. These well-managed forests consist of conifer stands ranging from well-stocked merchantable timber to vibrant young plantations. Opportunities for conservation easements and sales of recreational and residential land also increase the value of the property. The diverse structure of this timberland property provides the opportunity for cash flow needs as well as long-term investment performance.
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Nationally Recognized North Idaho Forests Conserved

Nationally Recognized North Idaho Forests Conserved | Timberland Investment | Scoop.it

In an area recognized as one of the region’s most important wildlife
linkage zones and one of Idaho’s highest priority areas for benefiting
forest-based markets, approximately 5,568 acres of forestland has been
permanently conserved to benefit wildlife, local economies, clean water
and recreation.
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These forests, located east of McArthur Lake between Sandpoint and
Bonners Ferry, were placed under conservation easements in September.
The conservation easements were conveyed to the Idaho Department of
Lands (IDL) through a partnership between The Molpus Woodlands Group,
LLC, on behalf of clients, the Idaho Department of Fish and Game, The
Nature Conservancy and the U.S. Forest Service.
***
“We are proud to work with The Nature Conservancy and the public agency
partners to dedicate these properties as working forests into
perpetuity. Our commitment to manage these properties on a sustainable
basis benefits long-term timber production, wildlife, and recreation,”
said Ken Sewell, Chief Operating Officer of Molpus.

The conserved lands are located within the McArthur Lake Wildlife
Corridor, an area of Idaho nationally recognized for its scenic beauty,
outdoor recreation and wildlife. By protecting this area from
development, the project allows for permanent public access for
activities such as hiking, hunting and berry picking.

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Molpus Woodlands Group Announces the Purchase of 26,786 acres of Timberland in northern Idaho and eastern Washington

Molpus Woodlands Group Announces the Purchase of 26,786 acres of Timberland in northern Idaho and eastern Washington | Timberland Investment | Scoop.it
The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization headquartered in Jackson, Mississippi, announced today, on behalf of a client, the successful purchase of approximately 26,786 acres of timberland in northern Idaho and eastern Washington.

The property is located within six counties in northern Idaho and three counties in eastern Washington, in the vicinity of three fast growing population centers – Spokane, Washington, Coeur d’Alene, Idaho and Sandpoint, Idaho.  Located in the timber-rich region known as the Inland West, the property is surrounded by well-developed and well-capitalized sawmill markets.  It has been managed on a sustainable basis for decades.  The property is primarily dominated by conifer sawtimber, with a wide range of commercial species – Douglas-fir, western larch, grand fir, alpine fir, western hemlock, western red cedar and ponderosa pine.  Molpus currently maintains an office in Coeur d’Alene, Idaho that will assume the responsibilities associated with this new acquisition.  The Idaho team will now be managing approximately 163,000 acres. 
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Molpus Woodlands Group Announces the Purchase of 112,238 acres of Timberland in New York

Molpus Woodlands Group Announces the Purchase of 112,238 acres of Timberland in New York | Timberland Investment | Scoop.it

The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization headquartered in Jackson, Mississippi, announced today, on behalf of a client, the successful purchase of approximately 112,238 acres of timberland in the north-central Adirondack Park area of upstate New York.

“We will use our existing expertise in this region to practice high-quality stewardship with particular attention to conserving resources and the diversity of the forest.”

The property, located in three counties, has been in timber production for more than 100 years and is located in a vibrant hardwood sawtimber and pulpwood market area. The majority of the property falls within the Adirondack Park Reserve. Molpus currently maintains an office in Saranac Lake, New York, to oversee the management of an additional 161,000 acres in this area.

“We are pleased to expand our existing operations in upstate New York,” said Ken Sewell, Chief Operating Officer of Molpus Timberlands Management. “We will use our existing expertise in this region to practice high-quality stewardship with particular attention to conserving resources and the diversity of the forest.”

State Department of Environmental Conservation (DEC) Commissioner Joe Martens said, “Governor Cuomo has demonstrated that New York is Open for Conservation and Business, and we welcome Molpus’s investment in our state’s excellent timber resources. The acquisition of 112,000 acres of Adirondack Timberlands by Molpus, that is subject to a working forest conservation easement held by DEC, demonstrates that sustainable forest management is good business and benefits Adirondack communities, businesses and visitors.”

Sam Radcliffe's insight:

Update: the seller was named as a Forestland Group fund here.

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Molpus Woodlands Group Announces the Acquisition of 36,283 Acres in Virginia

Molpus Woodlands Group Announces the Acquisition of 36,283 Acres in Virginia | Timberland Investment | Scoop.it

The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization (TIMO) headquartered in Jackson, Mississippi, has announced today, on behalf of its clients, the successful purchase of approximately 36,283 acres in Virginia.


Located in twenty-three counties surrounding the Richmond, Virginia, area, the primarily southern pine plantation property has been in timber production for decades and is located in a stable timber market and a growing bioenergy market area. The property offers unique recreational opportunities due to its proximity to major metropolitan areas such as Richmond and Fredericksburg, Virginia, and Washington, D.C.

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Molpus Woodlands buys New York timberland

Molpus Woodlands buys New York timberland | Timberland Investment | Scoop.it

The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization (TIMO) headquartered in Jackson, Mississippi, has announced today, on behalf of a client, the successful purchase of approximately 130,659 acres in New York for approximately $57,500,000.


Located in St. Lawrence, Clinton, Franklin and Lewis Counties in the north-central part of upstate New York, the property is almost entirely within the boundaries of New York’s Adirondack Park. The property has historically been in timber production and consists mostly of northern hardwoods. Additionally, the property is certified under the Sustainable Forestry Initiative®.


“Molpus is pleased to expand its existing operations in upstate New York,” said Ken Sewell, Chief Operating Officer of Molpus Timberlands Management. “This is a high-quality property supporting a diversity of northern hardwoods that fits well with our client’s investment objectives. We look forward to managing it under the existing conservation easements and continuing the sustainable forestry practices that have been historically demonstrated on this property.


This acquisition increases Molpus’s total assets under management to more than $1.5 billion with a total acreage of approximately 1,600,000. Molpus currently maintains an office in Saranac Lake, New York, to oversee the management of approximately 30,000 acres previously purchased in this area.

Sam Radcliffe's insight:

I suspect that the seller is Rayonier, and that some of this acreage is under conservation easement. $440/acre


2/06/2014: My suspicion confirmed: http://www.watertowndailytimes.com/article/20140206/NEWS05/702069842 

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Agreement will keep Molpus forest tracts open to hunters, snowmobilers - for now

Two Northland legislators say they’ve brokered a tentative agreement with Minnesota’s largest private landowner to maintain public access to the company’s land for hunters and snowmobilers through next spring.


In the wake of a change in Minnesota tax law for forested land, Mississippi-based Molpus Woodlands Group had put up “Keep Out” signs on access roads across much of the thousands of acres of land it owns in northern St. Louis County. The move came after the state Legislature cut a tax break the company received for conducting sustainable forestry and allowing public access from more than $2 million to $100,000.


Rep. David Dill, DFL-Crane Lake, and Sen. Tom Bakk, DFL-Cook, said in a news release Thursday that they “have reached a tentative agreement with Molpus … that will provide for public access to Molpus land for the duration of 2012 and continuing through the close of the 2013 legislative session.”

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Molpus became owners of 286,000 acres of Minnesota forest in July when it purchased the land from Forest Capital Partners, which more than a decade ago had acquired the land holdings of Boise Cascade Co. Molpus is operated as a land investment company to return profits to investors from timber sales and other revenue off the land.

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Student keeps an eye on fund's timber investment

Student keeps an eye on fund's timber investment | Timberland Investment | Scoop.it

Kentucky Teachers' Retirement System, Frankfort, enlisted some Wildcat help this summer in overseeing its timber investments.


The $14.8 billion pension fund started an internship program with the University of Kentucky that saw forestry major Cory Ashby travel the Southeast U.S., monitoring and working on the system's 121,000 acres of timber that it co-owns with the University of California Board of Regents and which is managed by Molpus Woodlands Group.

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Hancock deal pushes up timber REIT's

Hancock deal pushes up timber REIT's | Timberland Investment | Scoop.it

Shares of timberland owners Plum Creek Timber Co. Inc. and Weyerhaeuser Co. traded higher on Monday, after an analyst said a proposed sale of 1.9 million acres of timberland is a positive for the two companies.


Hancock Timber and Molpus Woodlands announced last week that they would buy the land from Forest Capital Partners. The transaction represents the biggest timberland sale in the U.S. in six years, Citigroup analyst Anthony Pettinari said in a research note.


The size of the deal suggests that the market for timberland is showing signs of life, after years of far smaller transactions — and that's a positive for Plum Creek and Weyerhaeuser, Pettinari wrote.

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Molpus Woodlands Group Announces 76,090-Acre Transaction

Molpus Woodlands Group Announces 76,090-Acre Transaction | Timberland Investment | Scoop.it

The Molpus Woodlands Group, a timberland investment management organization (TIMO) headquartered in Jackson, Mississippi, has announced today, on behalf of Molpus's third co-mingled fund, the successful purchase of a major tract of timberland.


The acreage, consisting of high-quality industrial timberland, is located in northwest and southeast Louisiana and northeast Texas. The timberlands offer a balanced pine plantation age class distribution, as well as strong recreational values. These timberlands are located in one of the stronger timber market regions of the southern United States.

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Molpus Woodlands Group Wins Real Assets Manager of the Year Award

Molpus Woodlands Group Wins Real Assets Manager of the Year Award | Timberland Investment | Scoop.it

The award recognizes Molpus's outstanding achievements during the year, including increasing its managed assets, including raised capital, to approximately $1.76 billion.

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Molpus Announces Purchase of 42,000 Acres in Tennessee

Molpus Announces Purchase of 42,000 Acres in Tennessee | Timberland Investment | Scoop.it

Molpus Woodlands Group (Molpus), a timberland investment management organization headquartered in Jackson, Mississippi, announced today, on behalf of Molpus’s third co-mingled fund, the successful purchase of approximately 42,464 acres of timberland in Tennessee.


Molpus currently manages over 60,000 acres in Tennessee. This transaction is the third acquisition for Molpus's third co-mingled fund.

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Forest Investment Associates and The Molpus Woodlands Group Acquire 295,000 Acres of Timberland from the Hancock Timber Resource Group

Forest Investment Associates and The Molpus Woodlands Group Acquire 295,000 Acres of Timberland from the Hancock Timber Resource Group | Timberland Investment | Scoop.it

Forest Investment Associates (“FIA”) and Molpus Woodlands Group (“Molpus”), two timberland investment management organizations, today announced the joint purchase of approximately 295,000 acres of timberlands in Arkansas and Texas from the Hancock Timber Resource Group (“HTRG”).

 

The property was originally part of HTRG’s acquisition from TimberStar in 2009. Primarily consisting of high-quality pine plantations, the timberlands provide timber products to industry leaders including International Paper, West Fraser and Georgia-Pacific through long-term supply agreements that have been in place since 2006. FIA’s clients acquired approximately 146,500 acres in the states of Arkansas and Texas and Molpus’ clients acquired approximately 148,500 acres in the same states, and each acquisition will be separately managed by FIA and Molpus.

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Molpus Woodlands Group Announces the Acquisition of 87,225 Acres of Timberland in Northern Florida and Southern Georgia

Molpus Woodlands Group Announces the Acquisition of 87,225 Acres of Timberland in Northern Florida and Southern Georgia | Timberland Investment | Scoop.it

The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization headquartered in Jackson, Mississippi, announced today, on behalf of clients, the successful purchase of approximately 87,225 acres of timberland in northern Florida and southern Georgia from affiliates of CLAW Forestry Services, LLC.

The properties are located within three counties in northern Florida and seven counties in southern Georgia between the cities of Jacksonville and Tallahassee in Florida and Valdosta in Georgia—one of the most attractive timberland investment regions of the county due to its highly productive soils, excellent growing climate, and well developed timber markets. These properties have been in timber production for decades, with historical management by Packaging Corporation of American and International Paper Company. Molpus has established an office in Jasper, Florida, to oversee management.

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Molpus Woodlands Group acquires 192,000 acres of timberland in Louisiana

Molpus Woodlands Group acquires 192,000 acres of timberland in Louisiana | Timberland Investment | Scoop.it

The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization headquartered in Jackson, Mississippi, announced today, on behalf of a client, the successful purchase of approximately 192,000 acres of timberland and a timber lease in southwest Louisiana.


The timberland, located in six counties between the cities of Lake Charles, Louisiana to the south and Alexandria, Louisiana to the north, is a primarily southern pine plantation property that has been in timber production for decades. The timberland is located in a vibrant sawtimber and pulpwood market area and it provides raw material to forest products customers in a variety of domestic market segments. Molpus currently maintains offices in Bossier City, DeRidder and Monroe, Louisiana to oversee the management of an additional 207,000 acres in this state.


Sam Radcliffe's insight:

This appears to be the CalPERS holdings managed by Campbell Global.

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Molpus Woodlands Group Announces the Closing of 73,000 Acres of Timberland in Alabama

Molpus Woodlands Group Announces the Closing of 73,000 Acres of Timberland in Alabama | Timberland Investment | Scoop.it
The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization (TIMO), headquartered in Jackson, Mississippi, has announced today, on behalf of a client, the successful purchase of approximately 73,000 acres of timberland north, east, and west of Birmingham, Alabama.  The purchase occurred in installments starting in October 2013.

The timberland, located in thirteen counties, consists of well-stocked loblolly pine plantations distributed among all age classes.  Molpus currently maintains an office in Hoover, Alabama, to oversee the management of an additional 93,000 acres in the Birmingham area. 
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Molpus Woodlands Group Announces the Final Closing of Fund IV with $662.5MM in Commitments

Molpus Woodlands Group Announces the Final Closing of Fund IV with $662.5MM in Commitments | Timberland Investment | Scoop.it

The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization (TIMO), headquartered in Jackson, Mississippi, has announced today, the final closing of Molpus Woodlands Fund IV, L.P., with commitments of $662.5 million, inclusive of commitments to parallel funds, (collectively, the "Fund").  The Fund was oversubscribed and exceeded its target of $500 million in twelve months from the first close.

The Fund received support from both new and existing investors.  A diverse, international group of limited partners made commitments to the Fund, including public and private pension plans, endowments, insurance companies, family offices and high net-worth individuals.

"With the closing of the Fund, we plan to deploy this capital by acquiring and actively managing a diversified portfolio of timberland properties," said Edgar Marshall, VP Business Development for Molpus.  "We look forward to evaluating new opportunities in North America that meet the Fund's objectives."

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Molpus Woodlands Group to Acquire 73,000 Acres in Alabama

Molpus Woodlands Group to Acquire 73,000 Acres in Alabama | Timberland Investment | Scoop.it

The Molpus Woodlands Group, LLC (Molpus), a timberland investment management organization headquartered in Jackson, Mississippi, has, on behalf of a client, entered into an agreement to purchase approximately 73,000 acres of timberland located north, east, and west of Birmingham, Alabama.  The close of the purchase is set to occur in installments starting in October 2013.


The timberland, located in thirteen counties, consists of well-stocked loblolly pine plantations distributed among all age classes.  Molpus currently maintains an office in Hoover, Alabama, to oversee the management of approximately 161,000 acres purchased earlier in the Birmingham area.


"We look forward to adding another property under management in the Alabama area," said Molpus Woodlands Group President, Dick Molpus.  "These properties represent a high-quality timberland investment within a competitive timber market, and they offer strong recreational opportunities to the region as well."


Molpus currently manages approximately 1.5 million acres of timberland investments in seventeen states and employs ninety-seven peope in its fifteen offices operating in Alabama, Arkansas, Florida, Georgia, Idaho, Kentucky, Louisiana, Michigan, Minnesota, Mississippi, New York, North Carolina, Oklahoma, Pennsylvania, Tennessee, Texas, and Virginia. 

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Jack D Bridges's curator insight, October 16, 2013 11:13 AM

No mention of price for the deal, but let's assume that Molpus didn't acquire these timberlands for their client at a discount. It would be interesting to see how they break-down the pure timber value per acre, in addition to the HBU acreage involved. 

Thanks to S. Radcilffe at Prentiss & Carlisle for the scoop!

http://www.prentissandcarlisle.com/

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Access to Molpus forest becomes leverage in tax law fight

Access to Molpus forest becomes leverage in tax law fight | Timberland Investment | Scoop.it

Much of northeast Minnesota -- long a playground for hunters, hikers, snowmobilers and ATV riders -- is in danger of being locked up, as the state's largest private property owner calls the Legislature's bluff over taxes on its forestland.


Stinging from a decision by lawmakers in 2010 to change the state's Sustainable Forestry Incentives Act, Molpus Woodlands Group of Jackson, Miss., has erected about 16 gates across roads in Koochiching and St. Louis counties, promising to seal off most motorized travel on hundreds of miles of snowmobile trails and back roads leading to private cabins and hunting outposts.

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"There's not enough money in growing and selling timber anymore,'' said Craig Halla of International Falls, who manages the lands. "If you have to sell 60,000 cords of aspen a year just to pay your taxes, there's something wrong.''

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TIAA-CREF Deal for Timberland a Sign of the Times?

TIAA-CREF Deal for Timberland a Sign of the Times? | Timberland Investment | Scoop.it

Wildfires aside, timberland is heating up as a pension asset, pun intended...with major acquisitions of two Portland, Oregon–based timberland asset managers announced in less than a month. And now with a big pension fund manager getting in on the action, one can’t help but wonder if other pension funds will see upside here.

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Forest Capital Partners sells its timber portfolio

Forest Capital Partners sells its timber portfolio | Timberland Investment | Scoop.it

Forest Capital Partners sold its 1.88 million-acre timberland portfolio on Friday to Hancock Timber Resource Group and Molpus Woodlands Group.

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Hancock Timber is acquiring 573,000 acres in Oregon, 376,000 acres in Louisiana, 264,000 acres in Washington and 138,000 acres in Idaho. Molpus is buying 286,000 acres in Minnesota, 110,000 acres in Louisiana and 138,000 acres in Idaho.

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QIC’s Beta Fund Makes Timberland Investment

QIC’s Beta Fund Makes Timberland Investment | Timberland Investment | Scoop.it

Australian institutional investor QIC’s Alternative Beta Fund has invested in U.S. timberland specialist Molpus Woodlands Group.


Molpus has purchased around 42,000 acres of timberland on behalf of the fund, QIC said in a statement Monday.

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Molpus Woodlands Group Nominated for Real Assets Manager of the Year Award

Molpus Woodlands Group Nominated for Real Assets Manager of the Year Award | Timberland Investment | Scoop.it

The Molpus Woodlands Group has been nominated with two other managers by Money Management Intelligence magazine as Real Assets Manager of the Year. Each year a group of managers are selected on these bases: delivery of return-enhancing solutions to public fund investors, increase of assets under management from retirement fund clients, and strong performance for their investors.

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