Soaring lumber prices, particularly, soft pine, like 2 x 4’s used to build frames for houses, has become a major input cost concern for homebuilders and re-modelers alike.
Read ArticleDomain Capital Group, LLC, a comprehensive private investment management services firm, announced its subsidiary, Domain Timber Advisors, closed 78 land sales last year, surpassing its 50 total transactions in 2019.
Read ArticleLumber prices more than doubled last year to touch a record high, but the rally has faded on the back of a rebound in supplies. With the value of the commodity down sharply in the new year, prospects for fresh records have dimmed.
Read ArticleLumber prices more than doubled last year to touch a record high, but the rally has faded on the back of a rebound in supplies. With the value of the commodity down by 20% in the new year, prospects for fresh records have dimmed.
Read ArticleWith the potential of a Biden presidency and continued lockdowns, one of the major structural changes in the U.S. economy is people working from home. They are looking for larger homes with more space for home offices. This year, small land tract sales have been a high point for Atlanta-based Domain Timber Advisors. According to Joe Sanderson, managing director of natural resources at Domain, the company is also enjoying the rise in timber sales prices due to increased demand from sawmills, which are ramping up production.
Read ArticleThe North American lumber industry is having its craziest year in memory — and that was before the wildfires.
Weyerhaeuser Co., the continent’s biggest wood producer, said Monday that the blazes that have blanketed much of the Western U.S. sky in an apocalyptic orange had reached four of its timber operations in Oregon. All employees were safe, the company said, but several mills temporarily cut back their shifts.
Read ArticleDomain 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.
Read ArticleAs 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.
Read ArticleLongleaf Mitigation Bank in Nassau County, Fla. sold to private investor; fund called $19.3 million at closing
(Atlanta – May 20, 2020) – Domain Capital Group, LLC, a comprehensive private investment management services firm, today announced its subsidiary, Domain Timber Advisors, has sold the remaining asset in the company’s Environmental Investments I Fund to a private investor. Acquired in 2017, the 2006 vintage fund originally raised $20 million and placed $19.3 million during its investment period.
Read ArticlePFA Pension Acquires 49% equity interest in 13-asset, Class A multifamily portfolio valued at more than $1 billion
(Atlanta – April 8, 2020) – Domain Capital Group, LLC, a comprehensive private investment management services firm, today announced its subsidiary, Domain Capital Advisors, and Simpson Housing LLLP completed a joint venture with PFA Pension of Copenhagen, Denmark. PFA acquired a 49% equity interest in a 13-asset, Class A multifamily portfolio for an aggregate value of $1.05 billion. Domain Capital Advisors will provide oversight and asset management of the newly formed REIT joint venture.
Read Article