August 14, 2018
August 7, 2018
Congratulations to our own Kenny Schum for his recent completion of the Accredited Land Consultant (ALC) program. This designation is granted by the RLI National Board of Directors to recognize the exceptional efforts of its designees.
August 2, 2018
July 31, 2018
A publication we have often mentioned is the Chicago Federal Reserve’s AgLetter. The Chicago Federal Reserve does a remarkable job of reaching out to lenders and monitoring credit conditions. In the most recent AgLetter, a quote from a lender stuck out to me: “Several area banks are putting pressure on producers with tight margins to either sell land or refinance with another bank.”
July 26, 2018
July 23, 2018
May 28, 2018
May 21, 2018
Prices for high quality Illinois land are generally holding firm, even rising in some areas of the state, while farm income has been going down. This may seem counter-intuitive. The more cash a property is generating from operations, the more someone should be willing to pay for it. Conversely, the less cash a property generates from operations, the less someone should be willing to pay for it. However, the pinch on operating income has not had a drastic effect on the value of high quality farmland.
May 14, 2018
MWA is seeking to acquire high quality permanent crop properties in California, Oregon, Washington and other areas of the United States. We have the ability to creatively structure leaseback and/or partnership strategies with best in class owner/operators. MWA also has investors seeking sale/leasback opportunities on high quality land in the midwest.
May 7, 2018
If you’re anything like us, as you’ve grown older, you’ve tried to eat a little healthier. You may have replaced some unhealthy snacks with nuts or a piece of fruit.
Murray Wise founded the Westchester Group in 1986 after acquiring the Champaign, IL division of the Sandage Companies, a traditional farm management and brokerage firm…
Read More »
"For farmers, bankruptcy isn’t always the end – sometimes it’s a new beginning." https://bit.ly/2HRJuA1
For more articles like this, subscribe to our Wise Ag Update newsletter today: http://www.murraywiseassociates.com/About-Us/Newsletter …
#TBT to 5 years ago this week & the East Coast Brokers & Packers auctions in Florida and Virginia in which we sold over 10,000 acres of tomato producing farmland, storage and packing facilities, and equipment in partnership with @CrosbyAssocs @weeksauction and @WoltzRealEstate pic.twitter.com/aHYeZUgM1u
**REMINDER** - Meigs County, OH Open House tomorrow - Thursday, August 16th from 4pm-6pm EST at the Salem Township Fire Station #6 in Langsville, OH. 423 acres in 17 tracts PLUS a hunting lease up for auction! For more information, visit: http://www.murraywiseassociates.com/farmland-real-estate/auction/ItemId/127/Ohio/Meigs-County?utm_source=Email+Database&utm_campaign=1f40bb535c-AEP+-+Morgan_COPY_01&utm_medium=email&utm_term=0_d05924d421-1f40bb535c-216036305 … pic.twitter.com/3LCkBgbJis
Brooke Didier Starks with Meyer Capel says, "Plans that irrevocably lock farmland in arrangements for extensive years eventually run the risk of resulting in unrealistic outcomes."
Read 4 other tips here! http://www.murraywiseassociates.com/Blog/farm-succession-planning-5-thoughts …
Murray Wise Associates LLC
1605 South State Street, Suite 110
Champaign, IL 61820
800.607.6888 (Toll free)
Real Estate and Farm Management
Murray Wise Capital
Request more information