Privately held real estate investment trust (REIT), U.S. Farm Trust, which was established to acquire and manage high quality row cropland throughout the U.S., announces it has closed on over $300 million in commitments from a range of institutional investors.

 

The well-capitalized and focused REIT states it will be able to purchase large row crop agricultural properties without a financing contingency, working closely with both buyers and sellers to create sale and leaseback structures for the properties.

 

The REIT will be able to offer farmers the ability to sell their farms without having to leave the land.

 

“The strategy of US Farm Trust is to work as closely as possible with farmers who will see us as not just a buyer, but as a partner in the success of their operations,” said Tommy Funk, US Farm Trust Advisors’ President and the former National Farmland Acquisition Manager at Bank of America/U.S. Trust. “Our capital will help the farmer maximize return on investment and maybe even provide a solution to long term financial planning needs.”