Domain Timber Advisors Experiences Surge in Timberland Sales
Domain Capital Group, LLC, a comprehensive private investment management services firm, today announced its subsidiary, Domain Timber Advisors, has 78 land sales either closed or under agreement year-to-date (YTD), surpassing the total 50 transactions in 2019. The company’s transactions have ranged from two to 10,700 acres, with an average of 500 acres. While the majority of transactions occurred in the Southeast, sales activity has occurred in the Northeast, Pacific Northwest and other parts of the U.S.
Domain Timber Advisors Featured in Lesprom
As people are eager to get out of the cities due to COVID-19, the demand for small rural timberland parcels in the U.S. has increased. In the first half of 2020, Domain Timber Advisors, a subsidiary of Atlanta-based Domain Capital Group, closed 29 land sales with the average tract size of just 350 acres. Joe Sanderson, Managing Director of Natural Resources, and Scott Reaves, Director of Forest Operations at Domain Timber Advisors explain how the COVID-19 impact on forestry supply chain.