Timberland Investment
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Forestland Group aims to raise $350M

Forestland Group aims to raise $350M | Timberland Investment | Scoop.it

Heartwood Forestland REIT III LLC, formed in 2014, recently filed a transaction with the SEC after the company raised $85.5 million of the $350 million it is hoping to raise. Ten investors have signed on to the fundraiser, according to the SEC filing.


Heartwood Forestland REIT III LLC falls under Forestland Group LLC, which was formed in 1995, and manages 3.5 million acres of forestland in 24 states and Belize, Canada, Costa Rica and Panama. The company focuses on naturally regenerating hardwood and softwood forests.

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Shell to buy 500,000 California forest carbon credits

Shell to buy 500,000 California forest carbon credits | Timberland Investment | Scoop.it
Shell Energy has agreed to buy 500,000 carbon offsets sourced from a forestry project in Michigan as soon as regulators approve the credits for use in California's cap-and-trade program.

The credits come from a project by carbon offset developers Blue Source to improve forest management in a swatch of land in Michigan's upper peninsula.

"The transaction represents a significant step in carbon market development since actions from large compliance entities like Shell are necessary to help spur investment in greenhouse gas reduction projects," Blue Source said in a press release.

Blue Source, which also brokered the deal, said it would not disclose how much Shell agreed to pay for the credits.

The Bishop property where the project resides consists of over 200,000 acres of land, making it one of the largest offset projects in development that can generate credits eligible for California's carbon market.

Sam Radcliffe's insight:

The Bishop property is owned by a fund managed by The Forestland Group.

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Forestland Group to manage Fiji Hardwood Corporation

Forestland Group to manage Fiji Hardwood Corporation | Timberland Investment | Scoop.it

This follows disappointment at the Fiji Hardwood Corporation for showing very little commitment towards the proper management of the country’s mahogany.


The Forestland Group will take over operations from Fiji Hardwood.


Dubbed “Fiji’s green gold” the sector is said to be worth billions of dollars.

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This week's featured TIMO: The Forestland Group, LLC

This week's featured TIMO: The Forestland Group, LLC | Timberland Investment | Scoop.it

The Forestland Group, LLC (TFG) acquires and manages timberland investments for institutions, families, and individuals. 


TFG currently manages approximately 3.4 million acres in 20 U.S. states as well as in Belize, Canada, and Costa Rica. The firm manages its investments through a series of limited partnerships and private REITs with a mix of both institutional and high-net-worth investors encompassing some 130 different entities.

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[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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Blue Source and The Forestland Group Register Largest Carbon Project with California's Cap and Trade

Blue Source and The Forestland Group Register Largest Carbon Project with California's Cap and Trade | Timberland Investment | Scoop.it

The Forestland Group, a leader in timberland investment and management, and Blue Source today announced the successful issuance of over 1.7 million forest carbon offsets into California’s cap and trade carbon market. Situated on over 220,000 acres in Michigan, the Blue Source Bishop Improved Forest Management project utilizes the compliance offset protocol and is the largest carbon project registered to date under California’s program.


The project will immediately deliver significant carbon revenues to The Forestland Group through pre-contracted sales made by Blue Source to companies that participate in California’s cap and trade program.
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"This project represents a number of important milestones for both the timber and carbon markets,” said Kaarsten Turner Dalby, Vice President of Ecological Services at the Forestland Group. "It provides further demonstration that sustainable timberland management can deliver strong and diverse returns on investment, and shows how private landowners across the country can benefit from emerging carbon regulations.”
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"We are excited to have completed a project of this scale which we believe provides important proof that commercial timberland operators practicing sustainable forestry can participate and thrive within the California market,” said Roger Williams, President of Blue Source.

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First TIMO IFM Project Registered for CA Carbon Market

First TIMO IFM Project Registered for CA Carbon Market | Timberland Investment | Scoop.it

Finite Carbon, the forest carbon development company that provides a single-source solution for creating and monetizing carbon offsets, successfully developed and registered the Champion Forest Carbon Project on behalf of The Forestland Group (TFG) on December 28, 2012.


Located on 102,899 acres in New York’s Adirondack Mountains, the Champion project is the first improved forest management (IFM) project completed for a timber investment management organization (TIMO) and the largest project to date for California’s forthcoming greenhouse gas emissions trading program. By partnering with Finite Carbon, TFG will realize a new source of revenue from its sustainably managed forestlands.

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Deal adds 2,797 acres of forest land to NY's Adirondack Park; timber company keeps camps

Deal adds 2,797 acres of forest land to NY's Adirondack Park; timber company keeps camps | Timberland Investment | Scoop.it

New York will keep nearly 3,000 acres of forest land open to recreation under a deal struck with a timber company.

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State of Kentucky acquires 2,500 acres of forestland in Union County

State of Kentucky acquires 2,500 acres of forestland in Union County | Timberland Investment | Scoop.it

The property was acquired for just over $6.6 million, or $2,658 per acre, from an investment fund managed by The Forestland Group. According to the story, it is part of a larger property that the fund bought in 2008 for $2,092 per acre.

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