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Regions
Pacific Northwest Timberland
Green Crow has been managing timberland in the Pacific Northwest since 1983. The region has been producing timber for the needs of the nation for more than 150 years. Today, the majority of private timberland in the region is composed of second and third growth forests, which have not been as dramatically impacted by endangered species and restrictions in timber harvesting as federally owned forestland.
Forests west of the Cascade mountain range receive 30 to 200 inches of rain per year and have very high biological growth rates, both on an individual tree basis and a per acre basis. Higher biological growth increases the potential rate of return from timberland investments. This, combined with strong markets for timber and logs, makes the Pacific Northwest a favorable region to invest.
Northeast Timberland
Operations Description
Beginning in 1996, Green Crow recognized that investments in eastern hardwood timberlands offered the potential for attractive returns on investment, as well as additional diversification for a timberland investment portfolio.
Highlights
• Hardwoods grow throughout the eastern U.S. and Canada. Investment grade opportunities can be found from Maine to Minnesota and south to Alabama and Arkansas.
• Hardwoods can be managed for quality as well as volume. The end use of many of the species is furniture, flooring, cabinets and paneling. Values for many hardwood products are among the highest in North America.
• Targeting timber 'lifecycle' strategies can produce exceptional rates of return on both an individual tree and a tract basis.
• The cost of entry can be less than other regions due to the scattered ownership patterns and predominance of the non-industrial private landowners. Interesting opportunities can be as small as $150,000.
• Non-industrial private landowners are often not sophisticated in terms of management or timber values. Therefore, this imperfect market offers opportunities for buyers willing to invest in information.
• Non-intensive forest management techniques keep costs of management lower.
• Higher-and-better use path-of-progress investing is a common strategy since many properties are within driving distances to major metropolitan areas.
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