(ATLANTA — February 8, 2023) — Domain Capital Group, LLC, a comprehensive private investment management services firm, and its subsidiary, Domain Timber Advisors, LLC, today announced the acquisition of nearly 22,000 acres of timberland throughout the southeast United States. The assets were acquired via six separate transactions spanning from October to January, and include properties in Arkansas, Texas, Mississippi, Alabama, Georgia and Virginia. The geographically, diverse footprint provides exposure to several different timber and land markets with higher-and-better use potential.
“We believe these acquisitions demonstrate Domain’s ability to source quality assets in a competitive market environment and complete transactions expediently,” said Peter Walker, vice president of investments and timberland assets at Domain Timber Advisors. “Our plan to target value opportunities in lower-to-middle tier land markets has continued to produce consistent results. We look forward to being good stewards of these properties and managing them to high standards that preserve and enhance the environment.”
Domain Timber’s most recent acquisitions increases 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 September 30, 2022, Domain managed approximately $8.5 billion in total assets through its two registered subsidiaries, Domain Capital Advisors, LLC and Domain Timber Advisors, LLC. The assets are comprised of approximately $7.3 billion in real estate, debt, alternative, and other assets constituting Regulatory Assets Under Management (“RAUM”) and approximately $1.2 billion in non-RAUM which includes real properties and additional loans serviced. Please refer to each firm’s Form ADV for additional details. For more information, visit: www.domaincapitalgroup.com.