Wednesday, November 13, 2024
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HomeNewsBusiness WireDomain Timber Advisors Acquires Nearly 3,400 Acres of Southeast Timberland

Domain Timber Advisors Acquires Nearly 3,400 Acres of Southeast Timberland

Properties in Georgia and Alabama expand firm’s vast timber investment portfolio

ATLANTA–(BUSINESS WIRE)–#alabama–Domain Capital Group, LLC, a comprehensive private investment management services firm, and its subsidiary, Domain Timber Advisors, LLC, today announced the acquisition of nearly 3,400 acres of timberland in middle Georgia and south Alabama, further enhancing the company’s substantial Southeast timber portfolio.

“These acquisitions offer immense potential through diverse management opportunities and harvest capacity as timber product demand remains strong in the Southeast,” said Joe Sanderson, managing director and CEO of natural resources at Domain Timber Advisors, an SEC-registered investment advisor. “In addition, the accessibility of the south Alabama property and the river frontage of the middle Georgia tracts allow for higher-and-better land use sales.”

The middle Georgia, “GFP Flint,” property includes 2,029 contiguous acres along the Flint River and Potato Creek, located about a 1.5-hour drive south of Atlanta. The vast acreage offers distinct advantages over similar properties in the region due to its proximity and more than a mile of river frontage. The site has an extensive history of timberland management and includes a mixture of young growth and mature timber, including harvest-ready loblolly pine plantations that present turnkey harvesting opportunities.

Located approximately 40 miles northwest of Mobile, Alabama, the “Walley” property is comprised of two tracts of young longleaf and loblolly pines totaling 1,360 acres. In addition to timber, the longleaf pines offer an opportunity for pine straw production.

“These new assets are prime examples of Domain’s recognition and sourcing of value opportunities in lower to middle tier land markets,” said Peter Walker, vice president of investments and timberland assets at Domain Timber Advisors. “We look forward to continuing the quality forest management legacy on these properties in tandem with maintaining and improving upon their local environmental qualities through adherence to certification standards.”

Domain Timber’s most recent acquisitions increase the total acreage of timberland under the company’s management to more than 264,000 acres. Domain continues to research opportunities for additional, strategic acquisitions in the Southeast to meet the region’s demand for lumber and other wood products.

About Domain Capital Group

Atlanta-based Domain Capital Group, LLC provides comprehensive private investment management services, through its registered investment advisor subsidiaries, to institutions, public and private pensions, corporations, foundations, endowments and high-net-worth individuals. Domain Capital Group’s investment professionals are experienced across a diverse range of asset classes and investment strategies, including real estate, natural resources, media, entertainment, technology, and credit and other financial services. As of March 31, 2022, Domain managed approximately $8.2 billion in total assets through its two registered subsidiaries, Domain Capital Advisors, LLC and Domain Timber Advisors, LLC. The assets are comprised of approximately $7.06 billion in real estate, debt, alternative, and other assets constituting Regulatory Assets Under Management (“RAUM”) and approximately $1.19 billion in non-RAUM which includes real properties and additional loans serviced. Please refer to each firm’s Form ADV for additional details. For further information about Domain, visit domaincapitalgroup.com.

Contacts

Mike Rieman

Cookerly Public Relations

404-419-9230

mike@cookerly.com

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