Castle Placement Raises Equity for Agricultural Development
By: Castle Placement and client firm
The operator is now positioned to execute its multi-step strategy to build a portfolio of income producing agricultural properties in favorable locations. Castle believes that this is a cyclically attractive window to acquire strategic properties, use technology to maximize crop yields, convert properties to organic to capture the available pricing premium, and inject institutional management discipline to operations. Consumer demand for organic foods continues to grow and there are few available strategic locations due to water constraints. These positive fundamentals are expected to drive crop prices.
Castle is currently working with other clients raising capital to acquire farmland investments designed to create capital appreciation to meet the demand of institutional investors seeking to deploy capital in the agricultural space. Investors are focused on management teams that employ value-add investment techniques and utilize sophisticated agricultural strategies and processes. Important investor criteria include vertically integrated platforms, with the ability to source, design, develop, and operate value-add farmland investments.
Castle Placement LLC, a leading provider of private equity and debt capital placement services, was the placement agent on the transaction.
Castle Placement (castleplacement.com (http://www.castleplacement.com/
Castle Placement-Richard Luftig