Tag Archives: Westchester Agriculture Asset Management

The Illinois State Board of Investment has fired its longstanding farmland investment manager and plans to sell its $46-million farmland portfolio, citing high management fees and low returns. Though the holding is relatively small for an institutional investment, the exit … Continue reading

Posted in Agricultural Investment, Citrus, Cropland, Institutional Investment, Vineyard | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Florida agricultural land manager and investor Alico, Inc. (NASDAQ: ALCO) appears to be increasing its focus on the citrus sector. In late September, the Fort Myers –based company acquired Crossing Grove, a 1,241-acre Valencia orange grove in DeSoto County, Fla. … Continue reading

Posted in Agricultural Investment, Citrus | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

A farmland investment company managed by New York retirement fund manager TIAA-CREF agreed last week to purchase 30,959 acres of farmland in Hendry County, Fla. from Alico Inc. for $91,436,000. Alico is one of Florida’s largest private landowners with 130,720 … Continue reading

Posted in Agricultural Investment, Cash Rents, Cropland, Land Values | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment