FPI - Mergers and acquisitions

British Columbia's only full-service backcountry snowmobile lodge enters its next chapter with continuity, experience, and a long-term vision. Accessible only by snow road and helicopter in winter and surrounded by more than 84,500 acres of pristine terrain, Grizzly Lodge has built a global reputation as one of the world's premier backcountry snowmobiling retreats. That legacy will continue under new ownership, the Lodge announced. Business executives and lifelong adventurers Paul Pittman and Palmer Thornton acquired the 12,000-square-foot resort from Adam and Rachel Trainer. Adam will remain actively involved during a transition period. Grizzly Lodge's leadership team of Tom Larivier

Transaction includes transition of select farmland assets for management by Peoples Company; Acquisition reflects broader industry trend toward specialized farm management solutions CLIVE, Iowa, Oct. 22, 2025 /PRNewswire/ -- Peoples Company, a recognized leader in integrated land management, brokerage, appraisal, and energy solutions with offices across the nation, today announced the pending acquisition of Murray Wise Associates, LLC (MWA) from Farmland Partners Inc (NYSE:FPI). The transaction, effective November 15, 2025, includes the engagement of Peoples Company for the ongoing management of select non-core farmland assets.

Addresses Sale Speculation Modiv Industrial, Inc. ("Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, today announced its latest independent, third-party appraisal of its assets resulting in an updated Net Asset Value ("NAV") of $24.11 per share as of December 31, 2024. The following is a statement from Aaron Halfacre, CEO of Modiv Industrial: "This year we engaged Cushman & Wakefield to conduct an appraisal of our 43 properties and to value our three fixed rate mortgages. Their estimates of value were then used to calculate our net asset value (NAV) per share as delineated in the table further b

Farmland Partners Inc. (NYSE:FPI) (the "Company" or "FPI") today announced that it has finalized several farmland transactions, including the disposition of more than 2,750 acres of farmland in Nebraska and Florida as well as the purchase of a 2,114-acre farm in Muskogee County, Oklahoma. A total of seven farms were sold for approximately $19.9 million, achieving a gain of more than 26%. The Nebraska properties were auctioned by Murray Wise Associates, a wholly owned subsidiary of FPI. "The Murray Wise team did an outstanding job during the auctions and was able to bring a qualified pool of interested buyers together to help us maximize property returns," said Luca Fabbri, FPI's Preside

Farmland Partners Inc. (NYSE:FPI) (the "Company" or "FPI") today announced that it purchased 291 acres of farmland in Schuyler County, Illinois, for $2.16 million. FPI won the property during an auction held November 29. "We continue to hunt for prime farmland that can be purchased at a good price, and we prioritize properties that are close to other FPI farms because it creates efficiencies and drives strong rental rates," said Paul Pittman, FPI's Chairman and CEO. "This acquisition checks both boxes and is located near another of our row crop farms." The newly acquired property is leased to the same tenant who rents FPI's nearby farm. The farmland is expected to generate good rental inc

  Farmland Partners Inc. (NYSE: ) (the "Company" or "FPI") today announced the acquisition of two Illinois farms totaling 485 acres. The first, a 286-acre farm in Edgar County, was purchased for approximately $4.8 million on July 29. FPI also bought a 199-acre farm in Fulton County on August 1 for $1.8 million. "These farms are especially attractive to our business because they adjoin other farmland in our portfolio, which will allow the Company to expand its footprint in these areas, improve farming efficiency for our tenants, and drive strong rental rates," said FPI Chairman and CEO Paul Pittman. In addition to rental income, Pittman noted that asset appreciation is a key factor of ov

Farmland Partners Inc. (NYSE:FPI) (the "Company" or "FPI") yesterday purchased 280 acres of farmland in Illinois for $3.4 million. The corn and soybean farm is located in Will County, which is southwest of Chicago. It is the second farm in the county that the Company has acquired this year. "FPI is in growth mode, and we are excited to add this asset to our portfolio," said FPI Chairman and CEO Paul Pittman. "There is a good tenant in place, and the productive farm is located in a strong market." FPI is the nation's largest publicly traded farmland REIT by U.S. acreage. About Farmland Partners Inc. Farmland Partners Inc. is an internally managed real estate company that owns and seeks

DENVER, Jan. 31, 2022 /PRNewswire/ -- Farmland Partners Inc. (NYSE:FPI) (the "Company" or "FPI") recently completed its first farm acquisition of 2022, a 177-acre tract in Mercer County, Illinois. The corn and soybean farm was acquired on January 28 for $1.475 million, and its current three-year cash lease is expected to yield 3.6 percent annually.  "With this purchase and a promising pipeline in place, 2022 is off to a great start for the Company," said FPI Chairman and CEO Paul Pittman. "We target properties and tenants with strong histories and bright futures. The Mercer County farm certainly fits that profile and adds to our robust portfolio in the state." FPI is the nation's largest

DENVER, Oct. 28, 2021 /PRNewswire/ -- Farmland Partners Inc. (NYSE:FPI) (the "Company") today announced that it purchased 815 acres of cropland in Mississippi County, Missouri for a total consideration of $6.5 million. This nearly all tillable property consists of 802 tillable acres that has been precision leveled to 1% grade. The farm is irrigated and located near the town of East Prairie, Missouri and will primarily grow rice, corn, and soybeans. The farm will be leased for three years at a current yield of approximately 4%. This acquisition allowed the farmer to expand his operation and acquire another farm close by their main operation. The Company intends to expand its portfolio in Miss

DENVER, July 27, 2021 /PRNewswire/ -- Farmland Partners Inc. (NYSE:FPI) (the "Company") today announced that it purchased 182 acres of cropland in Northern Florida for total consideration of $1 million. This highly improved property consists of 160 irrigated, tillable acres. The farm is located close to the Suwannee River and contains 2 center pivot irrigation systems for overhead irrigation during the growing seasons.  The farm will be leased for the next several years at a current yield of approximately 5%. "We are pleased to add this high-quality farm to the portfolio and expand our presence in the Southeast region," said Paul A. Pittman, the Company's Chairman and CEO.  "Farms like this

DENVER, June 1, 2021 /PRNewswire/ -- Farmland Partners Inc. (NYSE:FPI) (the "Company") today announced that it purchased 8,349 acres of cropland in Southern Louisiana for total consideration of $26.8 million. This highly improved property consists of 5,943 tillable acres, with a rich history of growing rice and soybeans. The farm is located close to the Mermentau River and contains over 20 miles of canals for surface irrigation during the growing seasons. In addition, the transaction will preserve over 1,200 acres of fresh-water marshland known throughout South Louisiana for its outstanding waterfowl habitat.  This marshland will continue to offer environmental benefits and recreational oppo