LandVest’s Listing of 80,200 Acre-Wausau Paper Timberlands, Enters Agreement Phase
In just a few short months, LandVest has marketed and successfully facilitated a bid event resulting in an agreement to sell Wausau Paper’s 80,200 acres of timberland holdings. Located in Northern Wisconsin, the property is expected to close prior to the end of 2011 at price of $42.9 million. Lyme Timber Company has an agreement to purchase 72,800 acres and The Forestland Group is set to purchase approximately 7,400 acres. “I am pleased to be part of the process, and pleased to work with such a remarkable team” says David Speirs, LandVest – Portland, Maine project manager and broker. Wausau paper will use sales proceeds to reduce financing requirements associated with the Tissue expansion project and, combined with their exit from the print & color markets will allow them to focus on attractive away-from-home tissue and growth–oriented technical markets.
For more information regarding the bid event sale, contact:
David Speirs, 1 City Center Portland, ME 04101 Phone: 207-874-4982 Fax: 207-774-5845 dspeirs@landvest.com
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By LandVest
By Reinhart Realtors
LandVest, Inc. and Charles Reinhart Company are members of The Active Enterprise Network, a union of privately-held real estate companies across the country that share information and strategy as well as a unified technology platform.
Advantage in 2030– Independent Brokerages
Years ago, real estate as a profession used to attract those with people skills, and often not much else in the way of education or training. A social butterfly could make a nice living taking orders from friends and acquaintances. In fact, someone with poor organizational skills were often considered to be an ideal candidate for the job.
Today, a successful Realtor needs to be disciplined, highly trained, tech savvy and have good social skills. Ever increasing regulation, environmental issues, liability factors and the complexities of deal structures have taken the degree of difficulty to a very different level. There is so much a Realtor needs to know in order to avoid legal and financial pitfalls. No one believes it will get any easier in the coming years. This sea change to the industry favors the traditional, independent brokerage model. By the year 2030, independent brokers will hold a significant advantage.
Adapting to Change
Independent model brokers pay lower commissions to agents because they provide staff for support services: marketing, technology, education, and transaction management being the most common. Franchises can function the same way, but take a percentage off the top of every commission to pay for the brand name and then divide the rest between the brokerage and the agent. 100% models, such as ReMax, pay the whole commission to the agent and charge the agent back for services used.
Franchises can not adapt fast enough to the pace of technology change. Their marketing and tech tools are built for the member masses across the country and are watered down in effectiveness to provide a common denominator. Updating website software means dealing with hundreds of boards of Realtors–a massive and slow moving project. It doesn’t get done in a way that meets the needs of clients in a timely fashion, a significant strike against franchises.
Agent Support Services
The 100% and modified 100% brokerage models do not make support services a high priority. Agents who choose that model tend to believe they can handle the details themselves, and don’t want to pay the company for them.
At Reinhart, we’re seeing that it is becoming too difficult to do the job without quality support services. An individual cannot keep up with all the details and the constant change. It takes a small army of skilled specialists to keep all the bases covered. Independent, non-franchise brokers already have a distinct advantage today and will have even more of one by 2030. They can move ahead unencumbered, offering the latest tools to clients in a way that is flexible to the particular needs of their market. Higher quality support services keep everyone on track and frees the agent to focus on selling real estate. A balanced team of specialists keeps the process moving along smoothly, ensuring the best quality information and marketing for clients and customers. Everyone wins.
By. Marsha Volchoff, VP of Operations at Charles Reinhart Company, serving Ann Arbor Real Estate, a proud participant of the Holiday Blog Swap, presented by The Active Enterprise Network.
Follow Charles Reinhart Company:
More article on Real Estate in 2030 found here: Smith & Associates, Residential Properties, Helen Adams Realty, Murney Associates, Windermere Tri Cities, The Group, inc., Hasson Company, McEnearney Associates, N.T. Callaway, and LandVest.
By LandVest
Cape Cod is internationally famous as a summer resort area and is increasingly popular for retirement living. It features miles of beaches, natural attractions, historic sites, art galleries, and four star restaurants and hotels. Outdoor activities include world class yachting, coastal and deep-sea fishing, numerous public and private golf courses, and a wide variety of other informal summer sports. The Cape is just 75 miles from Logan Airport in Boston, Massachusetts and T.F. Green Airport in Providence, Rhode Island. Executive jet services are available at the Hyannis airport and there are several other smaller airports. Cape Cod is divided into four regions: Upper Cape, Mid Cape, Lower Cape, and Outer Cape, each including several towns and villages. Upper Cape towns include Bourne, Sandwich, Falmouth, and Mashpee. Mid Cape towns include Barnstable, Dennis, and Yarmouth. Lower Cape towns include Harwich, Brewster, Chatham, and Orleans. Outer Cape towns include Eastham, Wellfleet, Truro, and Provincetown.
Active Listings and Sales, $2,000,000+, First Three Quarters, 2000-2011
On Cape Cod, Massachusetts, the inventory of high-end listings in the first three quarters of 2011 shrank 14% from 271 listings at the end of June to 233 listings at the end of September.
Typically the listing inventory grows through the first three quarters and then declines in the fourth quarter as sales are closed and properties are taken off the market. This unusual trend is likely a combination of properties being repriced below our high-end cut-off of $2,000,000 as well as sellers taking properties off the market.
High-end sales declined from 38 in the first three quarters of 2010 to 33 in 2011. The peak level of sales for this time of year was 60 sales in the first three quarters of 2006. Third quarter performance has been flat for the past four years with 13 sales in the third quarter of 2011 and a peak of 23 sales in the third quarter of 2007. The very high-end inventory is also shrinking, but remains large by historical standards. There are 29 listings over $5 million and 8 over $10 million with 6 sales over $5 million and 1 sale over $10 million in the first three quarters of 2011. Overall, the Cape Cod market continues to under perform, but anecdotal information from leading Cape Cod brokers and LandVest’s own recent experience suggests that there is a modest, but noticeable increase in buyer inquiries and showings. Across New England LandVest brokers continued to report an upsurge in activity in our markets and sporadic signature sales throughout the summer and early fall.
Highest and Median Sale, $2,000,000+, First Three Quarters, 2000-2011
In the third quarter of 2011 the very high-end on Cape Cod came alive with three sales above $5 million. The top sale was $11.6 million for an 11,500 square foot residence with waterfront in the Seapuit neighborhood of Osterville. There were two additional top sales in Osterville in the third quarter. 861 Seaview Avenue for $5,265,000 and 395 Eel River Road for $6,500,000. In Chatham, 74 Sears Point Road sold for $6,500,000.
The median value for high-end sales in the first three quarters of 2011 was $2.8 million, about on par with median sale prices over the past decade. The high-end market on Cape Cod is predominately in the $2-$3 million range. In the first three quarters of 2011, there were 33 sales above $2.0 million. Of these sales 20 of 33 were between $2 and $3 million and 25 of 33 were below $4 million.
Days on Market, Sales, $2,000,000+, First Three Quarters, 2000-2011
Days on market for high-end properties sold during the first three quarters of 2011 increased to 559 days compared to 533 days in the first half of the year and compared to the record of 589 days for the first half of 2010. For 2000-2009, the average days on market for sales in the first half of the year ranged from 90 to 226 days, generally increasing over time with a significant jump in 2010.
Sales by Town, $2,000,000+, First Three Quarters, 2000-2011
Starting around 2002 the high-end market on Cape Cod broadened as the perennial top markets were perceived as being too expensive and as buyers bid up the prices of special properties in other towns. By 2006, 13 of the 15 towns on Cape Cod were recording sales above $2 million. In the first half of 2010, however, there was a substantial contraction in the market with only 5 towns recording high-end sales. In the first half of 2011, the market had broadened again with an additional 4 towns recording single high-end sales and in the third quarter another 2 towns recorded high-end sales. Cape Cod towns with high-end sales in the first three quarters of 2011 include Barnstable (all Osterville) (11), Chatham (8), Orleans (4), Falmouth (2), Harwich Port (2), Brewster (1), Dennis (1), Mashpee (1), Provincetown (1), and Truro (1).
View Cape Cod Area Select Sales
To view available real estate on Cape Cod visit www.landvest.com or click Cape Cod Real Estate for Sale
For information about buying or selling real estate on Cape Cod, please contact Stewart Young at syoung@landvest.com or 617-357-8930
For additional information about LandVest’s real estate consulting, appraisal, and brokerage services, please contact: Ruth Kennedy Sudduth.
By LandVest
New Maine Waterfront Properties for Sale in Brooksville, Rockport, Bremen Long Island, Cushing and Washington
For more information, click on photos or contact: Terry Sortwell tsortwell@landvest.com or Shannon Thompson sthomson@landvest.com or call 207-236-3543.
Harbor House
6.13 acres with walking paths to 860 feet of easily accessible shorefront
380 Port Clyde Road, St. George, ME 04860
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Cove House
~1 acre property includes 260 feet of waterfront and private sand beach.
19 Sea Street, Rockport, ME 04856
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Winfield Point
6 acres of classic island property
11 Bremen Long Island, Bremen, ME 04551
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30 Davis Point
Property is on 45 acres with tidal frontage on Davis Cove
30 Davis Point Road, Cushing, ME 04563
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Patrick Mountain
453 forested acres on the shoulder of Patrick Mountain
777 Old County Rd., Washington, ME 04574
For more information on Maine Luxury Real Estate in the Camden Maine, Midcoast area contact (click link for contact info) Terry Sortwell, or Shannon Thompson
Click here to view Terry’s current listings.
By LandVest
This blog entry was brought to you by Norman Brown IV, a LandVest Project Manager who works in both the LandVest Residential Brokerage Division and the LandVest Real Estate Consulting Group. Norman assists buyers and sellers of unique and distinctive real estate holdings throughout the New England region and beyond, with a current concentration on the Middlesex County and Cape Cod markets.
“Rare” Earth Materials an Asset to some New England Land Owners
We hear from time to time about how emerging market countries are profiting from the presence of rare earth materials in their soils. Well, New England has its own “rare” earth materials that many landowners may not know about. Earth materials, such as sand, gravel and stone are vitally important to the economy of Massachusetts. The availability of quality earth materials is a critical aspect of the future of our infrastructure and the construction industry.
Natural earth materials are involved in every major construction project. These materials are used in the proper site preparation for buildings, houses, roads and other infrastructures. Earth materials are also used in the creation of asphalt, concrete and other finished construction materials. As such, adequate availability of these products is imperative. However, the construction industry is seeing the availability of these materials decreasing, especially in areas close to Greater Boston.
The lack of quality earth materials in the Greater Boston area provides an opportunity to landowners, whose properties may contain these vital earth materials. First, those whose properties may have quality earth materials, and whose properties are located relatively close to Boston, will benefit from the lack of local product availability and could reap the benefits financially. The market for quality earth materials is strong, even during times of a slow economy. The right materials in the right area could generate significant income for landowners.
Secondly, landowners outside of the Greater Boston area are beginning to see potential benefit because the market for earth materials is slowly coming to them. The construction industry has seen a spike in earth material prices over the past 5 years or so. The greatest factor giving rise to these price increases is the expanding geographical market for earth materials. As the availability of earth materials within the Greater Boston area decreases, material providers find themselves searching out earth materials further and further from the Greater Boston area. In doing so, the cost of transporting these materials rises, which is turn, directly increases the price of the materials on site. This provides a unique opportunity for landowners, who previously could not find a market for their land rich in earth materials. While landowners in far western Massachusetts, New Hampshire and Maine faced competition from lands rich in earth materials and closer to Greater Boston in the past, this competition is quickly eroding. Suddenly, these landowners are sitting on a desirable asset, and they may find themselves able to benefit financially from cashing in on that asset.
Here at LandVest we can provide consulting services, brokerage services or both to landowners who hope to benefit from the changing market for earth materials. Coming from the earth materials industry, I have a unique understanding of this market and the potential for landowners.
If you believe your land is rich in earth materials and you hope to benefit by selling the land or earth materials located thereon, please contact Norman Brown at LandVest at (617) 357-8958.
Click to view Norman Brown’s contact info
By LandVest
Today’s blog entry was brought to you by Daniel Tesini– LandVest -Timberland Division Project Manager and Gary Bahlkow, Director of LandVest’s Northern Timberland Transaction Group.
Why NOW is the time for Timberland Investment:
In addition to the general appeal of investing in timberland (timber beats inflation, outperforms the stock market, and offers true diversification), there are several reasons why timberland remains an excellent investment at this point in time. First, as housing markets recover and a middle class emerges across the developing world (e.g. China) demand for wood products will rise – and in fact demand is expected to double in the next thirty years.
- 1. Timber is a renewable resource, but supply is limited by available acreage and biological growth.
- 2. Second, timberland is currently cheaper than many other investment options including stocks, bonds, real estate and other commodities.
- 3. Third, interest rates are extremely low right now, providing a window of opportunity to finance long term investment with low-cost money.
- 4. Finally, the continuing devaluation of the US dollar is likely to inflate the value of commodity-producing assets (e.g. timberland).
These last two points were taken directly from a recent Forbes Magazine interview with the Nation’s largest private landowner – available at: http://blogs.forbes.com/monteburke/2011/03/10/john-malone-largest-private-landowner-in-the-u-s-speaks/. The interview not only touches upon the current appeal of timberland investment, but also serves to illustrate the changing patterns of forestland ownership.
See part one of this three part series by clicking on this link: Investing in Timberland: Part 1 of 3: Why Invest in Timberland
Click to view public Timberland Investment Opportunities or view contacts below for private offerings.
Contact Gary Bahlkow (gbalkow@landvest.com) for current timberland properties for sale in MD, ME, MI, NY, PA, or VT. Also contact Gary Bahlkow if you are interested in buying or selling timberland investment properties in the mid atlantic, northern or midwestern states.
Contact Joe Taggart (jtaggart@landvest.com) if you are interested in buying or selling timberland investment properties in the southern or western states.
By LandVest
Today’s blog entry was brought to you by Daniel Tesini– LandVest -Timberland Division Project Manager and the Director of LandVest’s Northern Timberland Transaction Group, Gary Bahlkow, who recently facilitated this years largest timberland transaction (over 1,000,000 acres of Timberland) to the now largest individual landowner in the US.
Why Invest In Timberland? Timberland is an increasingly popular investment tool – attracting broad interest from institutional investors and high net worth individuals alike. There are several reasons that make timberland an appealing investment. First, timberland prices have risen above inflation by approximately 3% for much of the past 100 years – making timberland investment a solid hedge against inflation and a low-risk method of capital preservation.1 Second, timberland investment offers much greater stability and faster appreciation than the stock market as a whole. Over the past two decades, NCREIF’s Timberland Index has risen an average of 15% a year, versus roughly 10% annualized return for the S&P 500.1 Third, timberland has a very low correlation to other asset class investments, which means timberland offers meaningful diversification.1 In essence, the advantage of timberland investment is that trees continue to grow on the stump and appreciate in value notwithstanding world events with otherwise negative financial consequences.
For more detail on this topic click to read the Money Morning article Timber Investing: The Inflation Hedge That Pays Off in Every Type of Market
Click to view Timberland Investment Opportunities
Click to view Gary Bahlkow’s contact information
By LandVest
Richard Carbonetti, Vice President of LandVest’s Timberland Division and President of the Association of Consulting Foresters of America, was recently featured in The Consultant, an ACF publication. The article, called “Madonna, Cher & …Carbo?” tells the story of Richard Carbonetti (or “Carbo,” as he is more commonly known by many); how he began his forestry career and how he has risen to become ACF’s newest president.
The author of the article, Robert P. Bradbury — a LandVest Forester — holds “Carbo” in high esteem as he describes his colleague’s “outsized personality” and boundless conviction to succeed at all that he does. Carbonetti graduated from the University of Maine in 1977 with a degree in Forestry. He subsequently moved to Vermont to pursue his career. In 1978, he began his own small company called Round Top Woodlot Management which steadily grew for the next seventeen years. He managed almost 100,000 acres of land before merging with LandVest in 1995.
Bradbury illustrates Carbonetti’s hard-working personality by detailing instances of Carbonetti rising before dawn and keeping his limitless energy well into the night, sometimes even on overnight road trips. He was able to fit in with a variety of different people – from loggers to lawyers. In his business, and in policy work as a member of the Northern Forest Lands Council, Carbonetti always stood up for what he believed in. He actively participated in committees in order to make forestry practices better. Along with several others, Carbonetti helped to improve the laws in Vermont dealing with timber harvesting practices and overcutting.
Carbonetti is very passionate about his forestry work, and enjoyed it so much, he never even thought of it as actual work. Bradbury recalls Carbonetti saying “I’ve never worked a day in my life because I love this profession so much I’d never consider it work.”
Bradbury attests that Carbonetti wouldn’t be where he is today without the encouragement and support of his wife Emily and two sons, Ben and Sam. During the early years he could dedicate numerous hours to his work because of his wife’s patience. And for over 20 years he worked from a home office so that he could play an active role in his sons’ lives.
The article serves as a nice testament to Carbonetti’s work and his life. It is clear that Carbonetti will be an asset to ACF and will undoubtedly succeed as president.
Read the full article, “Madonna, Cher & …Carbo?”
The ACF was founded in 1948 to advance the professionalism, ethics, and interests of professional foresters whose primary work was consulting to the public. The ACF is the only national association for consulting foresters. Currently, there are more than 675 members in 40 states, as well as several international members.
Click for more information about the ACF
By LandVest
This entry is brought to you by Terry Sortwell and Shannon Thompson, who assist and advise real estate buyers and sellers of fine homes and estates and farms throughout mid-coast Maine.
We’re delighted to learn that Kelmscott Farm in Lincolnville, Maine, which LandVest sold in July 2010, is once again a fully operational farm after a few years as a private home. This beautiful property is composed of over 150 acres near the Maine coast and includes pristine woods, open fields, a renovated farmhouse and barns, an heirloom apple orchard, herb garden, and ponds. The property was most recently a private residence, but before that it was home to a not-for-profit rare breeds foundation, which offered conservation and educational programs on site.
Kelmscott Farm was purchased in July 2010 by a family from New York intent on helping it achieve its rich agricultural potential once again. Jed Beach and Emilia Carbone—both skilled and knowledgeable environmentalists, farmers and educators—were involved with the farm prior to its sale and are now managing it full-time. Check out their blog about their experience: The Farming Adventures of Jed and Emilia
Now, the newly christened Ararat Farms will offer seasonal vegetables, eggs, dairy, and pasture-raised meats through its Community Supported Agriculture (CSA) program. The farm’s stated mission is “to grow a range of products that comprise a holistic, plant-based diet for our customers; to grow high-quality crops with measurably superior flavor, nutrient density, and shelf life than standard grocery store offerings; and to use methods that are all natural, and that conserve and enhance our soil.”
We couldn’t be happier to welcome this new addition to our community.
See these other farm properties among our Maine waterfront real estate listings:
Eastern Bay Farm, a saltwater farm and island property for sale on North Haven, Maine
Coverly Farm, a waterfront property and saltwater farm for sale in Castine, Maine
By LandVest
How does one bear to part with this exquisite property situated on a hilltop at one of the farthest most points of Ocean Avenue on infamous Marblehead Neck? It seems as though not many can. In fact this spectacular residence has only been inhabited by two families since the 1880s when W. Gardner Barker, the founder of Lipton Tea had the house built on the most spectacular site in all of Marblehead with panoramic views of the open Atlantic as well and glimpses of Marblehead Harbor. “This is certainly one of the best North Shore, MA real estate offerings on the market” says LandVest’s Lanse Robb, who is the North Shore’s leading luxury real estate broker. The current owners, Dr. Adams and his family have remodeled this five-bedroom home with a newer kitchen while maintaining much of the old world charm of this shingle-style Victorian with the wood paneled library, ocean-facing living room and dining room still remaining. Perhaps the most unique feature of this Marblehead, MA property is the site on which the house is located – offering views of the North Shore’s picturesque coastline. The grounds are truly stunning with rolling lawns, natural rock outcroppings, a majestic 100-year-old Copper Beach tree, a mesmerizing tea house perched on the ocean’s edge, and a lower terrace built into the rocks with outdoor fire pit. The current owners reminisce “We feel fortunate to have lived in such a visually spectacular place. We love the ocean and we love that we are so close to all that Boston has to offer. The Lipton Tea family certainly scoped out THE best place to live on the North Shore of Massachusetts. We have had the pleasure of a private beach which we share with two properties. We have spent countless hours collecting sea glass, tide pooling, having lobster races on the deck (before we cooked them) and later years kayaking from the beach. The kids now love to have a fire at night down on the other side of our property – on the lower terrace, a great place to throw a party. There is nothing better than throwing a small dinner party in the tea house when it is a full moon. “
The Marblehead Neck Waterfront Estate is located at 405 Ocean Avenue in Marblehead MA. Click link for more information.
Click Lanse Robb to find out more about the North Shore’s best real estate broker.
Click to view more North Shore, MA real estate offerings for sale




















