Billy Lancaster Forestry Youth Camp Back in 1988, my father, Billy Lancaster, decided to start a forestry camp for young kids. He went to one when he was a kid and wanted today’s youth to have the same opportunity he had at their age. With the help of some of his good friends who were … Continue Reading →
Enhancing Wildlife Habitat with Planned Forest Management As a young biologist working for a large timber company, I quickly learned a forester does not need a wildlife biologist to help manage a forest. However, a wildlife biologist does need a forester to accomplish wildlife objectives. Yes, a wildlife biologist can recommend doe harvests and the … Continue Reading →
The Appeal of East Texas Land As Mark Twain once said “buy land, they’re not making it anymore.” Historically, rural land investments are one of the most stable investments an individual can make. It usually maintains or even increases in value over time. Land investment also provide diversity in a portfolio of assets. In Texas, … Continue Reading →
If you subscribe to this newsletter, you probably already know forestry is a compelling investment. Whether directly owning timberland or owning stock in a timber REIT, forestry investments provide an attractive alternative to traditional investment vehicles. Timberland returns are derived from a combination of biological timber growth and revenue generated from timber harvests and real … Continue Reading →
Rural Connectivity Effects on Real Estate Demand Fall is in the air! With this year rapidly winding down, I know most are looking forward to a fresh start in 2021. COVID-19 has affected all of us both personally and professionally at some level. Some industries and markets have been devastated while others have experienced expansion … Continue Reading →
Preserving Legacy Conservation Easements Land preservation for future generations is as important today as it ever has been. Private landowners understand how nature attributes to their family’s quality of life. For this reason, the legacy of their land holdings is often of supreme importance. This creates some difficult decisions when more intensive land use opportunities … Continue Reading →
Industry Observations: It’s All About the Incentives In the first two articles of this series, we introduced the basic business fundamentals of supply and demand and working markets during the COVID-19 crisis. In our final article, we will explore how incentives are driving management behaviors in the COVID-19 economic environment. I’ll also provide insight into … Continue Reading →
Industry Observations: Markets Work In the first article of this series, we introduced how changing business conditions resulting from COVID-19 were impacting the basic fundamentals of supply and demand. As we continue to deal with economic uncertainty in the current business climate, our second article presents an overview of general market principles that help us … Continue Reading →
Industry Observations: COVID-19 Impacts Pandemic is a word that I’m not sure I could have spelled three months ago. Unfortunately, we are now all too familiar with the term and with COVID-19. I don’t think any of us saw this one coming, and they sure didn’t teach us about this in forestry school. As we … Continue Reading →
Exercise Caution When Selling Timber Roughly 70% of the timberland in Georgia is owned by non-industrial private forestland owners. Most of these timberland owners go to a job every morning that has nothing to do with the growing, harvesting, or marketing of timber. Given timber is such a unique asset class and selling it occurs … Continue Reading →