Strong demand for $10m-plus farmland as spring listings build
12th September 2021
Demand for prime farmland is building up heading into spring – along with private debt to fund acquisitions – as new trophy properties and portfolios come onto the market driven by soaring land and commodity prices, low interest rates and excellent seasonal conditions.
Agricultural debt specialist Merricks Capital said its discussions with rural sales agents revealed “strong demand for properties valued at more than $10 million” as the non-bank lender lined up half a billion dollars of funding opportunities.
Written by Larry Schlesinger