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Conservationist Purchases Raw Land with $1.82MM

AgAmerica loan enables the purchase of 780 acres of recreational land and conservation reserve pine.

The Challenge

This borrower is an avid hunter, fisherman, and passionate wildlife conservationist. He found a beautiful property for sale with diverse opportunities and untapped potential, including a cow-calf operation and an abandoned citrus grove just waiting for someone to tend to.
The Solution
AgAmerica Lending supported the borrower and his dream with a $1.82MM loan in order to purchase the 780-acre property. He had a comprehensive business plan for the new property that allowed the current lessee to continue managing their cow-calf operation. The abandoned citrus grove was replaced with longleaf pine trees, thereby creating additional revenue through the Conservation Reserve Program. The remaining acres were utilized for recreational purposes.

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