Nashville, Tennessee-based LandFund Partners has announced the closing of its Fund II with full deployment after acquiring 2,500 acres of irrigated, high quality farmland in Arkansas. This latest acquisition brings the firm’s total farmland portfolio to 4,800 acres of cultivated farmland in the Mississippi River Valley, valued at over $25 million.

 

LandFund Partners develops and manages agricultural private investment funds that identify, purchase, and rent row crop farmland in the Mississippi River Valley to farm operators under the supervision of a regional professional management team.

 

“The lower Mississippi River Valley is the best place in the country to own farmland, thanks to low prices compared to Midwest row crop farmland, abundant groundwater, and improving farm technology in the region,” says John Farris, Founder and President of LandFund.

 

While managing the farmland within its portfolio for the realization of long-term gains, the firm makes annual cash distributions to its investors.

 

"Private farmland ownership is an excellent choice for investors seeking to diversify, hedge against inflation, and anchor their portfolio," says Farris. "LandFund Partners aims to provide investors with opportunities to participate in both the asset appreciation and income of farmland properties.”

 

Both the firm's first and second funds successfully reached their equity targets, and Mr. Farris states that the firm is planning on launching a third fund in the near future.