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Timbervest restoring Yolo habitat

Timbervest restoring Yolo habitat | Timberland Investment | Scoop.it

Timbervest, an Atlanta company, has announced that it restoring and preserving 85 natural habitats representing approximately 30,000 acres — including streams and wetlands — across the U.S., including southern Yolo County.


The projects, a record number of active restoration ventures for Timbervest, are comprised of mitigation and conservation banks that generate money through the sale of credits to companies, municipalities and other entities that have adversely affected the environment. These banks enable Timbervest to restore, preserve or create habitats set aside permanently for wildlife.
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Timbervest creates and manages mitigation and conservation banks through subsidiaries such as Wildlands, a habitat development and land management company. Since its founding in 1995, Timbervest has helped restore or preserve over 30,000 acres of wetland and more than 40,000 acres of threatened or endangered species habitat.
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More than $200 million of Timbervest’s investment portfolio, which includes nearly 600,000 acres of timberland valued at more than $1 billion, is dedicated to ecosystem restoration initiatives, also known as Crossover AssetsTM. Timbervest is among the largest investment managers within this asset class in terms of both assets under management and number of projects.

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Timbervest provides insight on pellet production, export activity

Timbervest provides insight on pellet production, export activity | Timberland Investment | Scoop.it
Timbervest LLC, an Atlanta-based company that manages timberland assets and investments, has been actively selling and purchasing timberland acreage in a variety of states.

“We just completed investing our last Timbervest Partners III fund, which was a $410 million fund,” said Bill Boden, chief investment officer with Timbervest. “We’re now back in acquisition mode, looking for different deals around the country that meet our investment criteria.”

This year, the company has also been selling assets from its TVP I investment fund. Over the last year, Timbervest sold over 40,000 acres of assets primarily in Florida, Georgia, New York, Pennsylvania, South Carolina and Vermont for a combined $65 million. “We’re excited to be able to take advantage of strengthening markets to sell certain properties and complete these high-value transactions,” Boden said. “Each property contained high-quality timberland, which provided consistent cash flow and excellent wood harvesting opportunities.”

According to Boden, Timbervest currently manages around $1.2 billion in assets in forested lands across roughly 16 U.S. states. Timbervest invests in the land, and makes it available to a variety of buyers, including purchasers of wood for pellets. Boden believes an increasing amount of woody material has been used for the pellet export market. “For the last couple of years we’ve made a fair amount of acquisitions on properties in the U.S. South, U.S. West Gulf, even mid-Atlantic states that were by design with some export-centric theme to them,” Boden said. “That has served us well because the pricing on that material has been very strong, particularly on the younger product—the pulpwood classes and even the small sawtimber classes—and I think that has been a direct response to the demand elements coming out of foreign markets, particularly Europe for pelletized wood.”
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Timbervest LLC Sells 10,400 Acres of Timberland Assets from Investment Fund

Timbervest LLC Sells 10,400 Acres of Timberland Assets from Investment Fund | Timberland Investment | Scoop.it

Timbervest, LLC, an Atlanta-based company that manages timber-related assets and investments, today announced it sold more than 10,000 acres of timberland assets in Florida, South Carolina and Vermont from its Timbervest Partners I (TVP I) investment fund. The combined value of the three transactions totaled more than $14.2 million. Following the sales, the $230 million, vintage 2005 TVP I fund continues to own and manage high quality timberlands located throughout the country and its investor base consists of both institutional and high-net-worth investors.

“We are excited to complete these transactions,” said Bill Boden, managing partner of Timbervest. “Each property’s unique environmental characteristics and timber attributes made them highly attractive assets. At this stage of the TVP I fund, we are actively evaluating other sales opportunities.”

Florida Property

Timbervest sold approximately 6,710 acres in Lafayette County to an institutional, environmentally-themed investment entity. Since 2006, the fund has owned this environmentally-sensitive asset, which also possesses recreational appeal given its proximity to the Suwannee River Water Conservation District. The buyer purchased the critically located tract because of its attractive characteristics, proximity to nearby public lands and future timber harvesting opportunities.

South Carolina Property

After owning the property for nearly nine years, Timbervest sold 2,416 acres in Kershaw County to a timberland investment group. The tract’s location, wood product mix and recreational appeal made this an attractive property.

Vermont Property

Purchased by the fund in 2006, the 1,243-acre unit in Washington County was sold as a long-term investment to a high-net-worth investor because of its inventory of high value hardwood species and excellent accessibility and location. The property exhibits future high-end recreational appeal based on the area’s demographics and contains a growing inventory of premium hardwood timber.

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Timbervest LLC Acquires More than 13,000 Acres of Timberland for Investment Fund

Timbervest LLC Acquires More than 13,000 Acres of Timberland for Investment Fund | Timberland Investment | Scoop.it

Timbervest LLC, an Atlanta-based company that manages timber-related assets and investments, today announced it acquired 13,220 acres of timberland for its Timbervest Partners III, LP (TVP III) investment fund. The $400 million commingled fund consists of 250,000 acres of timberland located throughout the country, and is comprised of institutional and high-net-worth investors.
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Effingham, Georgia Property

The approximately 2,550 acres of industrial grade timberland in southeast Georgia is located 30 miles northwest of the Port of Savannah and 15 miles north of Interstate 16. Accessible by county roads, the Effingham property is a large contiguous tract that is predominantly merchantable pine plantations with flat terrain and little elevation change. A portion of the wood fiber harvested from the property will possibly be exported to Europe as wood pellets.
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Tennessee Select Property

Located 80 miles from Nashville in northwest Tennessee, the 9,400-acre property consists mostly of mixed hardwoods and loblolly pine plantations. Comprised of 20 non-contiguous parcels of institutional grade timberlands, the property’s diverse terrain includes hill country and some steep elevations with beautiful viewsheds of Kentucky Lake.
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Green Acres, Vermont Property

The east central Vermont property is approximately 1,270 acres of mixed hardwood timberland, and consists of three non-contiguous tracts. The property is 20 miles from Montpelier in an area that is heavily forested and scattered with small family farms. Green Acres’ high quality hardwoods are a result of the strong forest management practices used by previous owners. The tracts include flat terrain and gently rolling hills, and are accessible by paved frontage roads on portions of the property. Additionally, a well-maintained internal road infrastructure allows for easy access to most areas.

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21,948 acres in Washington County on the market; conservation groups show interest

21,948 acres in Washington County on the market; conservation groups show interest | Timberland Investment | Scoop.it

For sale: one township in Washington County. Actually, it’s not quite the entire township, but pretty near.

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The property, listed for sale with Fountains Lands, consists of 21,948 acres. The Fountains Lands website describes the property: “An exceptional timberland investment located in Downeast Maine, offering a substantial timber base and established internal road network, enhanced by miles of accessible high quality frontage on several lakes, ponds and the East Machias River.”


The fact that the property contains a significant stretch of the East Machias River — five miles of frontage — as well as other natural resources has drawn the attention of the Downeast Salmon Federation and other conservation organizations that want to work with new owners when the property changes hands.

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Several groups of investors have been interested in the property, said [Fountains manager Patrick] Hackley.

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Besides containing more than five miles of frontage on the East Machias River, Township 19 contains numerous brooks, streams, ponds, and lakes, and a portion of Love Lake. The tract has abundant softwood timber with total timber value of about $11 million, according to Fountains.


The property, owned by Timbervest Partners Maine and Spectacular Six, is listed for sale for $12.8 million and has been on the market since September 2012. Timbervest is a timber investment management organization, said Hackley. Like similar organizations in Maine and elsewhere in New England, it manages investment funds for “people interested in investing in timberland.” The company owns “several thousand” acres in New England, he said, and Township 19, which Timbervest has owned since about 2005-06, is just one of its holdings.

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Timbervest purchases nearly 4,000 acres in Pittsylvania County

Timbervest purchases nearly 4,000 acres in Pittsylvania County | Timberland Investment | Scoop.it

MWV Land Sales Inc., which owns timber land in Pittsylvania County, has sold nearly 4,000 acres of forest land in the county to a timber investment company in Atlanta.


The company sold nine tracts totaling 3,969.87 acres to Timbervest Partners III Virginia LLC for $5.79 million.

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This week's featured TIMO: Timbervest

This week's featured TIMO: Timbervest | Timberland Investment | Scoop.it

Timbervest, LLC, headquartered in Atlanta, Georgia, was formed in 1995 to manage timberland, timberland-related investments, and Crossover Assets™ for public and corporate pension plans, corporations, foundations, endowments, and high net worth individuals.


Timbervest currently manages approximately 825,000 acres of timberland, timber-related assets, and investments with a market value in excess of $1.8 Billion as of December 31, 2011. Timbervest's portfolio assets are located in most major regions of the United States...


[Editor's note: our "Featured TIMO" series does not imply an endorsement of the subject organization. It is presented only to help educate readers about this corner of the Timberland Investment space.]

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New Timbervest Website Makes it Easy to License Land for Hunting and Outdoor Recreation

New Timbervest Website Makes it Easy to License Land for Hunting and Outdoor Recreation | Timberland Investment | Scoop.it
Timbervest LLC is making it easier for hunters and other outdoor enthusiasts to license prime timberland with the launch of its new interactive land licensing website, www.timbervesthunting.com. The Atlanta-based timberland investment and management company offers recreation license opportunities for hundreds of thousands of acres of real estate in 14 states across the U.S. Southeast and Gulf regions. The new website includes an interactive map of available properties, called recreational license units (RLUs). Users can click on an RLU and instantly see acreage and license price, as well as maps showing general location, aerial photography and topography.
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Timbervest LLC Sells 19,700 Acres of Timberland Assets from Investment Fund

Timbervest LLC Sells 19,700 Acres of Timberland Assets from Investment Fund | Timberland Investment | Scoop.it

Timbervest LLC, an Atlanta-based company that manages timber-related assets and investments, today announced it sold nearly 20,000 acres of timberland assets in Georgia and Pennsylvania from its Timbervest Partners I (TVP I) investment fund. The combined value of the two transactions totaled $33.9 million.

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Georgia Property

Timbervest sold approximately 18,500 acres in Stewart County to an institutional timberland investment group. Located on rolling terrain in Southwest Georgia, the property had been efficiently managed for more than seven years by TVP I as a core timberland investment and its superior wood product mix was an attractive characteristic to the buyer.

Pennsylvania Property

Purchased by the fund in 2007, the 1,134 acres in Franklin and Green counties were managed to provide ongoing cash flow from harvesting operations. Due to the tract’s proximity to Michaux State Park, its aesthetics were improved for sale into the higher value recreational property market. The sale was completed at a recreational price point for a conservation-themed institutional investor and demonstrated the validity of the fund’s investment thesis.


Sam Radcliffe's insight:

$1,720 per acre, a typical southern timberland price

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Timbervest LLC Purchases an Additional 20,000 Acres of Timberland for Investment Fund

Timbervest LLC Purchases an Additional 20,000 Acres of Timberland for Investment Fund | Timberland Investment | Scoop.it

Timbervest LLC, an Atlanta-based company that manages timber-related assets and investments, today announced it acquired an additional 20,000 acres of timberland through two acquisitions for its Timbervest Partners III, LP (TVP III) investment fund. The $480 million commingled fund consists of approximately 260,000 acres of timberland located throughout the country and is comprised of institutional and high-net-worth investors.

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Jasper, Alabama Property

The 6,700-acre property consists of several large tracts of land in northwest Alabama, located approximately 50 miles west of Birmingham and 45 miles north of Tuscaloosa.

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The Jasper property contains a large amount of high quality, harvestable and mature timber, as well as significant quantities of fast-growing young plantations that will reach merchantability during the fund’s life.

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Azalea, Virginia Property

Located east of Interstate 95 on the Virginia coastal plan, the 14,000-acre Azalea property is 65 miles south of Richmond and approximately 30 miles from the North Carolina state line. It has a long history of industrial timberland management and almost all of the acreage consists of pine plantations of various age classes.

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Timbervest buys Flagler County timberland

Timbervest buys Flagler County timberland | Timberland Investment | Scoop.it

Timbervest, an Atlanta-based company that manages timber-producing properties across the country, continues to buy woodland properties in Flagler County.


Last month, the company, doing business as Timbervest Partners III Florida LLC, purchased 1,667 acres west of Bunnell for just under $2.2 million, according to Flagler County property records. The sellers were James E. Millican, Sandra C. Millican and William D. Millican.


Timbervest has been buying Flagler County timberland since 2012 and the new acres increases the company’s local holdings to more than 10,000 acres.

Sam Radcliffe's insight:

$1,319 per acre

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Timbervest Denies SEC Allegations

Timbervest Denies SEC Allegations | Timberland Investment | Scoop.it

The Securities and Exchange Commission has ordered a cease and desist hearing against Timbervest LLC, an Atlanta company that manages more than $1.2 billion in timber-related investments.


The order alleges in 2006 and 2007 the company’s CEO Joel Barth Shapiro, Chief Investment Officer Walter William Anthony Boden III, Chief Operating Officer Donald David Zell Jr. and President Gordon Jones II got more than $1 million in unauthorized, undisclosed real estate commissions paid out of the pension plan assets of Timbervest’s largest client.


The client is unnamed in the order, which you can view in its entirety here.


The SEC claims the payments were structured to conceal that Boden and his partners were benefitting financially from the alleged unauthorized transactions.


The SEC further alleges Timbervest and its principals orchestrated the undisclosed and unauthorized sale of a timberland property from a fund holding that same client’s pension assets to another investment fund that the firm managed.


In an emailed statement to Atlanta Business Chronicle, Timbervest said it “vehemently” denies the SEC’s allegations and characterized them as “unfounded both in law and in fact.” The company plans to contest the charges.


“The SEC’s charges are a direct challenge to the protections instilled by the recent unanimous decision by the U.S. Supreme Court,” the company said.

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Timbervest Plans Atlanta HQ Expansion on Northside Parkway

Timbervest Plans Atlanta HQ Expansion on Northside Parkway | Timberland Investment | Scoop.it

Timbervest, LLC, headquartered in Atlanta, Georgia, was formed in 1995 to manage timberland, timberland-related investments, and Crossover Assets for public and corporate pension plans, corporations, foundations, endowments, and high net worth individuals.

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Ohio Highway Patrol panel wants FIA to replace Timbervest

Ohio Highway Patrol panel wants FIA to replace Timbervest | Timberland Investment | Scoop.it
Ohio State Highway Patrol Retirement System's investment committee recommended hiring Forest Investment Associates to manage a $29 million timber portfolio.

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