Hall and Hall Year in Review - 2019

2019

HALL AND HALL 2019 ANNUAL REPORT

YEAR IN REVIEW

DEDICATED TO LAND AND LANDOWNERS SINCE 1946

HALLANDHALL.COM (888) 557-3090 | info@hallandhall.com

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Dear Landowner, Prospective Landowner, and/or Valued Friend:

We hope you will enjoy this year’s edition of Hall and Hall’s Year In Review. Our review provides brief descriptions of our 2019 regional sales, the latest on the rural real estate financing front from our mortgage loan staff, highlights of our 2019 auctions, and the selection of the Bixby Ranch as our Ranch of the Year.

Hall and Hall continues to hit on all cylinders based on results just in from 2019. Everyone was very busy across our entire geography and all lines of business and these efforts resulted in another great year building on what we accomplished in 2018. Low interest rates powered our mortgage business. A strong economy coupled with limited alternative investment opportunities drove sales of investment quality rural land. A growing number of new non-resident owners of land has fueled demand for our management and appraisal services.

Growing demand for our services is, in no small part, thanks to all of you who continue to support us through your business and referrals. We work tirelessly and at considerable expense to make our website user-friendly and responsive. We employ the most sophisticated marketing techniques to expose our listings to a global marketplace. At the end of the day, however, it is your support that wins us the bulk of our business. For this, we offer our most sincere thanks and gratitude.

In the big picture, the old political adage, “It’s the economy, stupid,” underlies how well we do each year.

What we have seen recently is the combination of an overall good economy and a continuing trend of increasing net worth among high income earners. Increasingly, this demographic is recognizing that high-quality land is a legitimate investment class asset. In addition, there is a generational transfer of wealth that has driven the demand for land.

As always, we look forward to your thoughts, comments, and questions. We are here for you, so please feel free to contact your favorite Hall and Hall partner or employee for assistance in any area.

Hall and Hall 2

STEALEY MOUNTAIN | RIDGWAY, CO

2019 ANNUAL REPORT | HALL AND HALL

WATER CANYON RANCH | GUTHRIE, TX

2019 WAS ANYTHING BUT DULL! Will 2020 be a record-breaking year?

The last few years have been very difficult for many American farmers and ranchers throughout the nation. With the new trade deals being signed, there is optimism that 2020 will bring back profitability.

Over the past several years we have continued to adapt to the marketplace and the needs of our clients. That was never more evident than in 2019, a year that produced a record number of closed transactions and a TINA HAMM continued trend of more transactions with a lower average loan size. We Director, Loan Officer continue to serve our traditional customer base of full-time farmers and Billings, MT ranchers, many of whom have tapped equity in land to improve liquidity over the last few years or have chosen to cautiously expand with new land purchases. With a strong general economy, a robust stock market and low interest rates, we have seen increasing demand from recreational and lifestyle owners as well as investors just looking to diversify.

The stock market and investor sentiment hit numerous new highs in 2019 continuing a record long bull run that started in March of 2009. We remain optimistic, but election years and a flat, at times inverted, yield curve have historically been reasons for caution. The Federal Reserve cut rates three times in 2019. Unless there are signs that inflation will move higher, the Fed is not expected to raise rates in the near term. As a result, our lending rates remain at historically low levels and it remains a great time to borrow money.

Hall and Hall has almost 75 years of land loan experience. Whether your property is for agriculture, ranching or recreational purposes we have a wide range of options available and offer low variable rates to full 30year fixed rates.

Contact a Hall and Hall financial representative in your area to discuss our various loan products.

(888) 557-3090 | info@hallandhall.com

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ENJOY YOUR LAND INVESTMENT And leave the details to us

Landowner goals have changed with the times and Hall and Hall’s management group has become a valued partner to ranch owners throughout the Intermountain West. Established in 1981, our traditional land management approach has evolved to include the enhancement of aquatic, wildlife, and recreational resources. Whether you’re an experienced rancher or want someone to manage your property while you’re away, we’re here to help.

Contact a Hall and Hall management representative in your area to discuss our various management options.

JEROME CHVILICEK

Director, Management Group Billings, MT

WEYMOUTH PLANTATION | GEORGETOWN, SC

Jackson Obtains Accredited Rural Appraiser Designation from ASFMRA Stacy has earned the MAI designation from the Appraisal Institute.

The Appraisal Institute is commonly acknowledged by courts of law, government agencies, financial institutions, and investors as the leading professional real estate organization in the areas of consultation and valuation, and the MAI designation has long been recognized as a mark of excellence in these fields.

STACY JACKSON

MAI, ARA, Appraisals Group Melissa, TX

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Stacy has also earned the ARA (Accredited Rural Appraiser) designation from the American Society of Farm Managers and Rural Appraisers (ASFMRA). The ASFMRA is the only professional society specifically focused on education, training, and experience related to rural property.

The ASFMRA holds professional distinction as the organization of The Most Trusted Rural Property Professionals.

2019 ANNUAL REPORT | HALL AND HALL

SMITH RIVER CANYON | GREAT FALLS, MT

ROCKIES SALES

WILSALL, MT

L-BO CREEK RANCH

ROBERTS, MT

Flathead Pass is a 350± acre retreat 28 miles north of Bozeman near Bridger Bowl ski area along the ultra-scenic east face of the Bridger Mountains. Wildlife includes elk, deer and black bear. Custom log home is perched absorbing incredible views looking into Shields River Valley.

L-BO Creek Ranch is a 2,500± acre holding minutes from Red Lodge, MT with improvements and views. The ranch runs 150± cows with creek frontage, hay land, and native range.

Multiple recreational features and a significant agricultural operation combined in one offering.

Listing Price: $1,500,000

Listing Price: $3,500,000

KING OF HEARTS RANCH

WILSALL, MT

PIQUETT CREEK RANCH

DARBY, MT

Located a mostly paved 35-minute drive north of Bozeman, this 3,669± deeded acre 325 AU mountain ranch features an exquisite owner’s home and guest house, 3 comfortable homes and complete operating facilities in a truly magical setting adjacent to USFS under dramatic mountains.

River in front, forest service out back. Legendary fly fishing and big game hunting. 216± acres, West Fork of the Bitterroot River near Darby, Montana.

Three homes, fishing pond, two creeks, tennis court, barn and pens, irrigated pastures, water rights. Excellent privacy and year-round access.

Listing Price: $17,500,000

Listing Price: $2,950,000 (888) 557-3090 | info@hallandhall.com

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Rocky Mountain

FLATHEAD PASS

ROCKIES SALES

Rocky Mountain

SHORTHILL HOMESTEAD

LIVINGSTON, MT

CHOTEAU, MT

The 35± acre Shorthill Homestead is an impeccably improved property located 20 minutes south of Livingston, Montana. A 3,500± SF custom log home, barn and trout pond highlight the private mountain setting. Direct access into the adjacent forest and Beartooth Wilderness with world-class hunting.

20,001± acres along Montana’s Rocky Mountain Front.

Two large drainages carve their way deep into the prairie harboring outstanding private fishing and wildlife. A 21± acre reservoir supports 842± acres under irrigation.

The ranch supports approximately 600 cows.

Listing Price: $2,495,000

Listing Price: $19,500,000

CIRCLE 9 SPRING CREEK RANCH SILVER STAR, MT

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DEEP CREEK CATTLE COMPANY

JOHANSON RANCH

BILLINGS, MT

Circle 9 Spring Creek Ranch rests in the shadows of the Tobacco Roots along the Jefferson River valley.

Offering gorgeous scenery and miles of river and spring creek, as well as productive pivot irrigated farmland. Plentiful wildlife and balanced agricultural operation complete this exceptional offering.

The Johansson Ranch is 2,240± acres located north of Custer, Montana. With good access and good grass the ranch is ideal for a small operation or a hunting retreat. The improvements are modest but adequate for an owner with the intentions of full time occupancy.

Listing Price: $7,500,000

Listing Price: $2,200,000

2019 ANNUAL REPORT | HALL AND HALL

ROCKIES SALES

KEYSTONE LODGE 3036

COOKE CITY, MT

KENNEDY’S ROOST

HYSHAM, MT

Kennedy’s Roost is a 757± deeded acre ranch with nearly 3 miles of Sarpy Creek meandering through the 350± acres of food plots and meadows cultivated for pheasant, elk and deer.

Improvements include newer log home and large barn. Billings, MT is approximately one hour away.

Listing Price: $1,200,000

Listing Price: $1,490,000

SALMON PRAIRIE RANCH

CONDON, MT

CRANEFIELD

Rocky Mountain

Incredible national forest inholding only 1.5 miles from northeast corner of Yellowstone Park. New custom crafted off the grid cabin with advanced technology that allows year-round use 11 miles from Cooke City. One of the few private ownerships left in the vast wilderness that surrounds Yellowstone Park.

BOZEMAN, MT

You want to learn to fly fish or maybe you already know how. You want mountain views? You want privacy, and acreage and breathing room with wildlife walking past your window every day? It’s all here. Swan River frontage, timber frame home and 125± acres. Superb fly fishing in an idyllic setting.

Located 15 minutes north of Bozeman, this 158± acre homestead includes a 3,700 plus square foot Jonathan Foote home set amongst streams, aspen groves and meadows looking to multiple mountain ranges. A remodeled farmhouse and classic hiproof barn anchor the separated original homestead.

Listing Price: $2,950,000

Listing Price: $5,900,000

(888) 557-3090 | info@hallandhall.com

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ROCKIES SALES

Rocky Mountain

WARREN PEAK RANCH

PHILIPSBURG, MT

ROSEBUD, MT

Located minutes south of Philipsburg, this modestly improved 500 AU+ ranch runs on over 6,300± acres (5,748± deeded) and includes a lovely trout stream and outstanding deer and elk populations.

Widely considered the most beautiful unsung valley in Montana, the views are sensational.

Located near Rosebud, MT in reputation ranching country, the Jill Black Property is 402± acres of arguably the finest grass in Montana that puts big gains on calves and spring yearlings. The ranch was sold as a key add-on to our Rosebud South Ranch in Kirby, Montana.

Listing Price: $9,990,000

Listing Price: $325,000

SMITH RIVER CANYON RANCH GREAT FALLS, MT 2,670± acres (2,350± deeded) 31 miles south of Great Falls fronting the uniquely scenic Smith River canyon. Towering limestone cliffs, grassy meadows and dense stands of timber adjacent to National Forest. Modest improvements. Seasonal grazing for livestock and a variety of wildlife including elk.

Listing Price: $2,700,000

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JILL BLACK PROPERTY

2019 ANNUAL REPORT | HALL AND HALL

SKALKAHO CREEK RANCH

HAMILTON, MT

This 1,134± acre ranch, overlooking the Bitterroot Valley, is an equestrian’s paradise! An 8,670± sq. ft. log home is perched above a trout-filled creek.

Improvements include a manager’s home, barn and outdoor riding arena. USFS borders. Stock Farm Golf Club and Hamilton are within 15-20 minutes.

Listing Price: $5,325,000

ROCKIES SALES

RIVERHOUSE ON THE YELLOWSTONE EMIGRANT, MT

MORRIS PLACE RANCH

BIG TIMBER, MT

Located a short 30-minute drive northwest of Big Timber at the base of the Crazies lies a 1759± acre private elk hunting retreat anchored by a comfortable building compound with owner’s home, guest cabins and staff quarters. Outstanding big game hunting, riding and big views.

Listing Price: $2,350,000

Listing Price: $5,500,000

ROSEBUD SOUTH RANCH

KIRBY, MT

Rocky Mountain

Riverhouse is a quintessential fishing retreat fronting the Yellowstone River in Paradise Valley, Montana.

12± acres are highlighted by a well-crafted 1940’s era residence, guest house and cabin. Outstanding mountain views, convenient access into Yellowstone Park and a multitude of entertainment options.

EBR - KETTLE HOLLOW UNIT WHITE SULPHUR SPRINGS, MT

Located in the foothills of the Rosebud valley at Kirby, MT, 45 miles north of Sheridan, WY, this unimproved 8,200-plus acre grass ranch lies in a contiguous, mostly deeded block. Estimated 500 cows for the grazing season and watered by ten springs in six pastures. Located in reputation ranching area.

Located 24 miles north of White Sulphur Springs, this 1,189± acre hunting ranch has elk, mule deer, whitetail deer, black bear, mountain lion, and antelope. There are two potential fishing ponds and an adjoining state lands section with semi-private access. along with two miles of Kettle Hollow Creek.

Listing Price: $4,000,000

Listing Price: $1,150,000

(888) 557-3090 | info@hallandhall.com

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ROCKIES SALES

This 2,467Âą acre unimproved mountain ranch in a private valley just 25 minutes east of Bozeman and 15 minutes from Livingston.

Aspen and pine hillsides combined with lush meadows and creeks provide excellent habitat for wildlife. The ranch commands incredible views of three mountain ranges.

Listing Price: $9,850,000

LIVINGSTON, MT

Rocky Mountain

MINER CREEK RANCH

PARADISE VALLEY RANCH

LIVINGSTON, MT

Situated in the heart of the spectacular Paradise Valley of southwest Montana, the Paradise Valley Ranch is one of the most notable and significant ranches for sale in Montana in recent years. Consisting of 9,540Âą total acres, the ranch offers significant recreational and agricultural components. Hall and Hall represented the buyer.

Listing Price: $19,950,000

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2019 ANNUAL REPORT | HALL AND HALL

ROCKIES SALES

RUST RANCH

JULESBURG, CO

ELK MEADOW RANCH

EVERGREEN, CO

One of five tracts in magnificent Evans Ranch, Elk Meadow is near Evergreen west of Denver.

Totaling 700± acres, 540± acres of Elk Meadow lies within Evans Ranch with an adjacent 160± acres. Adjacent to National Forest. A comfortable family home compliments the property.

Listing Price: $6,300,000

Listing Price: $7,250,000

LOST ELK RANCH

STEAMBOAT SPRINGS, CO

This picturesque Colorado high country ranch is nearly surrounded by national forest and features 1,378± acres (738± acres deeded plus 640± state lease) with excellent wildlife habitat, water resources and recently constructed custom home, located less than 30 miles from Steamboat Springs.

Listing Price: $6,950,000

STEALEY MOUNTAIN RANCH

Rocky Mountain

The Rust Ranch is located just west of Julesburg, CO on the south bank of the South Platte River.

Consisting of 8,110± total acres, the ranch includes well-maintained improvements, 120± pivot irrigated acres, and is all contiguous.

I-76 splits the ranch with underpass access.

RIDGWAY, CO

Located in one of the most tightly held areas of southern Colorado, Stealey Mountain Ranch offers 2,142± acres bordered by the Uncompahgre National Forest. Featuring an 8,079± sq. ft. primary residence, irrigated meadows, water rights, forested hillsides, abundant wildlife, and world-class views.

Listing Price: $22,950,000

(888) 557-3090 | info@hallandhall.com

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ROCKIES SALES

Rocky Mountain

MOTHERWELL RANCH STEAMBOAT SPRINGS, CO

STEAMBOAT SPRINGS, CO

An expansive block of contiguous land rising from a trout-filled river up to the mountain top, this extraordinary 10,350± acre sporting paradise is distinguished by its diverse landscape, exceptional privacy, and location only 20 minutes from the airport and 45 minutes from ski-resort amenities.

Located in the heart of the pastoral Elk River Valley, this 695± acre ranch features an ultra-private luxury riverfront home, outstanding trout fishing, fertile irrigated meadows, panoramic views of the surrounding mountains, and convenient location only 10 miles from ski town amenities in Steamboat.

Listing Price: $33,500,000

Listing Price: $12,900,000

LEADER PIVOTS

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ELK RIVER RANCH

BYERS, CO

SADDLE MOUNTAIN RANCH

CONIFER, CO

Pivot irrigated farm 60 miles east of Denver, near Leader. Parcel A is 320± acres with 247± acres under two pivots with one irrigation well and domestic well. Parcel B is 120± acres with 96± acres under one pivot with one well. Typical crops raised include winter wheat and alfalfa.

Located within 35 minutes of downtown Denver and less than 10 minutes from Conifer, Saddle Mountain Ranch presents an opportunity to acquire 338± acres. Property is private, heavily timbered, easily accessible and offers a 7,706± sq. ft. primary residence and 3,200± sq. ft. equipment shop.

Listing Price: $1,025,000

Listing Price: $3,490,000

2019 ANNUAL REPORT | HALL AND HALL

ROCKIES SALES

Located midway between Steamboat Springs and Vail, this 35± acre property features a stunning custom home perched on the canyon rim with picturesque mountain views, plus access to the exclusive recreation and agricultural amenities of the surrounding 5,000± acre King Creek Ranch. Hall and Hall represented the buyer.

Listing Price: $7,500,000

TOPONAS, CO

SNOWY RANGE GRASS & PRODUCTION FARM LARAMIE, WY

NORTH PLATTE RIVER RANCH TORRINGTON, WY

Looking for pasture and hay production? This property has both! Snowy Range’s water rights for irrigation date back to the 1800s. Fully fenced pastures. Ample water to irrigate hay meadows and improve pasture. Hay meadow averages 2.5 tons/ acre annually. Hall and Hall represented the buyer.

5.5 miles of the North Platte River, this 5,166± acre ranch combines 480± acres of pivot irrigated cropland with miles of river bottom and strong upland grazing supporting 280 AUs plus crops.

Comfortable improvements, excellent deer and antelope, plus terrific waterfowl hunting in season.

Listing Price: $2,600,000

Rocky Mountain

KING CREEK RANCH PARCEL

Listing Price: $6,850,000

(888) 557-3090 | info@hallandhall.com

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ROCKIES SALES

Rocky Mountain

LEK RANCH

STORY, WY

GLENROCK, WY

Located an easy drive south of Sheridan near Story, adjoining the Bighorn Mountains, 1,359± acre private retreat offers a lovely, tasteful threebedroom home plus outbuildings and a caretaker’s apartment. Lots of live water, extensive wildlife and a magical setting in the coveted Sheridan area.

16,896± acres (2,299± leased) blocked up operating ranch 40 miles southeast of Casper near Glenrock.

Running 600 pairs plus, historic mansion highlights very private, well-improved ranch, only second owner since homestead. Over 15 miles of live rivers and streams with great hunting and fishing.

Listing Price: $8,500,000

Listing Price: $17,000,000

HAMMETT HUNTING RANCH

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BIXBY RANCH

HAMETT, ID

COLORADO GULCH RETREAT

HAILEY, ID

Located on the Snake River, this 173± acre riverfront farm features its own private island, irrigated cropland, a three-bedroom home with expansive river views, and a private boat ramp. The property is highlighted by tremendous waterfowl and upland bird hunting. Hall and Hall represented the buyer.

The 2± acre Colorado Gulch Retreat is located only steps away from fabulous trout fishing on the Big Wood River and just a 20-minute drive to skiing at Sun Valley Resort. Restaurants and shopping are close by. Protected open space borders this undeveloped property. Hall and Hall represented the buyer.

Listing Price: $995,000

Listing Price: $760,500

2019 ANNUAL REPORT | HALL AND HALL

ROCKIES SALES

SALMON CREEK FARM

HAGERMAN, ID

ALDER CREEK RANCH

MACKAY, ID

Occupying its own mountain valley, the 817± acre Alder Creek Ranch borders national forest and features a beautiful owner’s compound, equestrian improvements, a hay operation, and a mountain trout stream running the entire length of the property. Located 65 miles from Sun Valley.

Listing Price: $1,300,000

Listing Price: $2,500,000

LITTLE WILLOW CREEK RANCH

PAYETTE, ID

LITTLE MORGAN CREEK RANCH

Rocky Mountain

Lovely 67± property set in the Snake River canyon with over one-half mile of river frontage, 50± irrigated acres, and a beautifully appointed, custom-built one-bedroom/one-bath home with attached workshop. Wonderful all-around lifestyle and sporting property ten minutes from Hagerman.

MAY, ID

Winter unit for year-round ranching operation consisting of 12,900± deeded acres. Producing hay on over 500 irrigated acres. Excellent spring and fall grazing on extensive upland pastures.

Over three miles of Little Willow Creek with habitat for abundant pheasant, quail, and big game.

Scenic 360± acre wilderness ranch tucked away in its own valley surrounded by federal and state lands.

Features over one mile of Little Morgan Creek, ponds, irrigated pastures, a one bedroom cabin, and an 1,800± foot airstrip with heated hangar.

Two hours north of Sun Valley or a 35-minute flight.

Listing Price: $9,500,000

Listing Price: $1,750,000

(888) 557-3090 | info@hallandhall.com

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ROCKIES SALES

Rocky Mountain

ROBINSON BAR RANCH

STANLEY, ID

LOWER SALMON RIVER RANCH COTTONWOOD, ID

The 35-year residence of singer Carole King, this historic 128± acre national forest inholding is perched above the Salmon River on Warm Springs Creek and features excellent accommodations, equestrian facilities, and geothermal hot springs pools. 80 miles north of Ketchum off Highway 75.

35 miles from Cottonwood and US Highway 95 in the heart of North America’s most diverse ecosystem, this remarkable 5,917± acre ranch features almost 4,000 feet of elevation change extending from the Salmon River through open grasslands and brushy canyons to the timber-covered Joseph Plain.

Listing Price: $3,999,000

Listing Price: $4,875,000

PACIFIC SALES

TIMMERMAN LAND AND CATTLE COMPANY CHILOQUIN, OR Highly productive summer pasture ranch located in southern Oregon featuring 2,200± acres, balanced improvements, and over 2.5 miles of the upper Williamson River. Can support up to 1,500± yearlings from May until early September and offers an excellent fishery for native redband trout.

Listing Price: $4,200,000

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2019 ANNUAL REPORT | HALL AND HALL

TILTON SOUTH RANCH

MORGAN HILL, CA

These 600± acres of undeveloped ranchland, 20 miles south of Silicon Valley’s San Jose city center, perched on the hills overlooking Morgan Hill contain essential habitat for the endangered Checkerspot butterfly, which has been carefully stewarded by the same family ranching operation for generations.

Listing Price: $6,000,000

APACHE CREEK RANCH | PLANTERSVILLE, TX

GUTHRIE, TX

XH RANCH

BREMOND, TX

Located in King County and the heart of the big ranch country of the Texas Rolling Plains, Water Canyon Ranch is a combination production ranch with excellent recreational appeal. This area is well known for its trophy whitetail deer and large numbers of wild bobwhite quail.

305± acres of prime ranch land in the heart of the Texas Triangle just northeast of Bremond. The XH Ranch boasts a multitude of unique qualities for outdoor enthusiasts and Texas land and cattle barons alike, with a quaint brick house and large old oak trees. Hall and Hall represented the buyer.

Listing Price: $2,575,000

Listing Price: $1,098,000

OAK HILLS RANCH

MASON, TX

Oak Hills Ranch, 1,093± acres in Northwest Mason County, offers rolling oak/mesquite country loaded with game and tall grass. The nicely secluded parcel with rolling topography includes distant views, huge oaks, good soils and no improvements other than a water well, fences and pens.

Listing Price: $3,251,675

Southwest

WATER CANYON RANCH

SOUTHWEST SALES

CROSS ROADS PASTURE

CROSS ROADS, TX

Located near Cross Roads, TX is this 208± acre property is comprised of a nice mixture of productive pasture and hardwoods and frontage on FM 3441. Conveniently located near Dallas and Tyler, it is perfect for the cattleman, hunter, and outdoor enthusiast. Several nice hilltop homesites.

Listing Price: $499,000

(888) 557-3090 | info@hallandhall.com

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SOUTHWEST SALES

Southwest

CAYUGA FLATS RANCH

CAYUGA, TX

MCCRARY RANCH

CALVERT, TX

524± acres of mostly level hardwood timberland, with exceptional frontage on US Highway 287, ACR 494, and ACR 493. Only five miles from the Richland Chamber Reservoir, and less than a mile from the WMA and Trinity River. Game abounds in the region and on the property. No floodplain per FEMA.

Four miles of iconic Brazos River frontage with towering hills, big views, fertile pastureland, abundant game, and producing minerals that will convey with the surface. 70± acres in Milam County between Calvert and Cameron with paved access and a small ranch home.

Listing Price: $1,336,200

Listing Price: $399,683

SMITH FARM & RANCH

FLOYDADA, TX

BURLESON COUNTY RANCH

CLAY, TX

Well-managed 5,048± acre operation with the combination of productive native pasture and irrigated farmland with deep fertile soils. A quality farming/livestock operation in this area with excellent whitetail and mule deer hunting opportunities. Hall and Hall represented the buyer.

A 233± acre cultivated parcel, the Burleson County Farm consists of deep alluvial soils. The rich soils are notoriously productive for cotton, milo, and corn or could be transitioned into improved pasture, complimenting the small amount of wooded land. Hall and Hall represented the buyer.

Listing Price: $5,023,277

Listing Price: Unlisted

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2019 ANNUAL REPORT | HALL AND HALL

SOUTHWEST SALES

BRAZOS BEND SOUTH RANCH

ROSEBUD, TX

WALNUT CREEK RANCH

MALAKOFF, TX

Walnut Creek Ranch offers great accessibility, located just over an hour from Dallas, for the serious cattleman, avid hunter, and every outdoor enthusiast. Rolling improved pastures combined with rugged and untamed wildlife habitat offer a special investment, tangible beauty, and value.

Listing Price: $3,515,000

Listing Price: $4,451,650

APACHE CREEK RANCH

PLANTERSVILLE, TX

FENCE LAKE RANCH

Southwest

An incredible opportunity to purchase an exceptionally beautiful and productive 890-acre parcel on the Brazos River. Brazos Bend South is a prime property with beautiful rolling terrain, productive fields, abundant water and wildlife, and long vistas. Hall and Hall represented the buyer.

FENCE LAKE, NM

Apache Creek Ranch is comprised of 315± acres situated in Grimes County, just east of Dobbin on Highway 105. The ranch is setup for hunting and recreational use, as well as a significant cattle operation. High rolling hills and Caney Creek frontage are prominent features.

Spanning 7,697± deeded and unimproved acres, this is an opportunity to acquire a large acreage holding with quality rangeland and trophy elk, mule deer, and pronghorn hunting potential in western New Mexico’s GMU 12. Easily accessible and located between the communities of Quemado and Grants.

Listing Price: $2,995,000

Listing Price: $2,700,000

(888) 557-3090 | info@hallandhall.com

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LOVERIDGE PLANTATION | MICCOSUKEE, FL

SOUTHEAST SALES

Southeast

BROOKS HILL

WEYMOUTH PLANTATION

GEORGETOWN, SC

547± acre strategic timber and recreational property located in one of South Carolina’s historic plantation neighborhoods bordering several riverfront plantations along the Pee Dee and Black Rivers.

Brooks Hill is an unencumbered income-producing property formerly part of Keithfield Plantation.

914± acre historic rice plantation located in Georgetown, South Carolina, on the Pee Dee River. There is a broad range of habitat types that provide opportunities for quality outdoor hunting and fishing. The main riverfront house is set among beautiful live oaks and gardens.

Listing Price: $1,969,200

Listing Price: $6,900,000

LOVERIDGE PLANTATION

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GEORGETOWN, SC

MICCOSUKEE, FL

HORSE FARM

FRANKLIN, TN

4,563± acre historic and turn-key wild quail plantation in the Red Hills region between Thomasville,and Tallahassee. Surrounded by other world-class plantations and featuring some of the best wingshooting found in this country with the main house on the banks of the 6,000± acre Lake Miccosukee.

Gorgeous 221± acres in Tennessee located 30 minutes from Nashville, 15 minutes from Franklin, and 15 minutes from Lieper’s Fork. Mature hardwoods, green pastures and rolling hills, perfect for equestrian interests. 50± acres of fenced-in pastureland. Three equestrian barns. One-story single-family residence.

Listing Price: $29,600,000

Listing Price: $3,500,000

2019 ANNUAL REPORT | HALL AND HALL

CEDAR VALE RANCH | CEDAR VALE, KS

PLAINS SALES

EUREKA, KS

1,920± acre Flint Hills ranch located 65 miles east of Wichita. Open rolling grazing country divided into two pastures with excellent fencing and access. This native tallgrass ranch is conveniently located five miles Northeast of Eureka, Kansas, and is available for immediate possession.

Listing Price: $3,744,000

CEDAR VALE RANCH

CEDAR VALE, KS

Located halfway between Tulsa and Wichita, the scenic 7,671± acre Cedar Vale Ranch is a tallgrass prairie interspersed with rock-walled canyons.

The ranch has several live creeks and two miles of the Caney River frontage. Annual precipitation is 36 inches with a 190-day growing season.

Listing Price: $16,826,000

CHERRY COUNTY RANCH

Plains/Midwest

NORTH DRUMMOND RANCH

CROOKSTON, NE

1,110± acre ranch located near Valentine, Nebraska.

The property has all attributes to become a small year-round ranch operation with good access, winter protection, dryland hay ground, and dark rich soil. Ranch consists of 240± acres of hay land and 869± acres native pasture with headquarters.

Listing Price: $1,109,500

BUCKTAIL FARM

OGALLALA, NE

Bucktail Farm offers an opportunity to own a large Nebraska farm located northeast of Ogallala. With a total of 4,599± acres, 2,744± are irrigated with 21 pivots and 21 wells pumping from the Ogallala Aquifer. Seller to leaseback on terms to be negotiated.

Crop production includes corn, soybean, and alfalfa.

Listing Price: $10,300,000

(888) 557-3090 | info@hallandhall.com

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AUCTION HIGHLIGHTS For Hall and Hall Auctions, 2019 proved to be another successful year.

Our team worked on auctions across the country in Kansas, Wyoming, Colorado, Texas, Oklahoma, South Dakota, and Virginia.

One of the highlights of the year was the sale of the 12,040± acre Beaver Creek Ranch near Daniel, WY that sold for $15,080,000 at a spirited auction in Jackson Hole.

SCOTT SHUMAN

CAI, Real Estate Partner Eaton, CO

We also had the opportunity to market 546± acres on the front range of Colorado together with 176 shares of water from the Colorado-Big Thompson Project. The auction totaled $15,545,720, although the big news was that the C-BT shares averaged $55,845 per share and reached a new market high.

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2019 ANNUAL REPORT | HALL AND HALL

BIXBY RANCH

Hall and Hall 2019 Ranch of the Year Hall and Hall is proud to present “Ranch of the Year” for 2019 to the Bixby Ranch near Glenrock, Wyoming. We are honored to have had the privilege of listing and selling such an iconic Wyoming ranch. We truly believe that it captures the essence of our performance this year.

As we approach the end of the year - and the end of a decade - it is natural to think back and reflect on all that has occurred. The sale of the Bixby Ranch was exciting for many reasons, as we are always grateful to serve our clients and to help transition properties to new, happy landowners. The Bixby Ranch represents much more to us, however. It is the appreciation for history and legacy in a time where we are inundated with instant gratification and sophisticated technology. The ranch symbolizes a simpler time, filled with hard-working cowboys and passionate innovators, and those who truly appreciate the land as a source of life. It has remained a working cattle ranch since it was founded in 1876, and the new owners have plans to continue operating it and maintain the legacy of the ranch.

Reflecting on the transaction, Mike Fraley of Hall and Hall says, “It was an honor and my pleasure to represent the Seller of the Bixby Ranch. Nancy Bixby Hudson has been a joy to work with and we are pleased that we were able to help her accomplish her goals.

The icing on the cake is the fact it sold to a Wyoming company with deep local roots and this legacy ranch will stay in cattle and hay production.” Fraley was raised on a ranch south of Buffalo and understands the importance of working hard at the family ranch. He is passionate about serving his clients and helping them acquire their dream ranch.

We at Hall and Hall are here to play the long game. While we always appreciate successful years filled with completed transactions, our focus ultimately always turns back to two things: serving our clients and the land itself. The land is what shapes us.

It is the mold that casts our heritage, our hopes, and our dreams.

It connects generation after generation and is a constant in the fast-paced modern world. There is no greater feeling than connecting with a client and helping them find their own passion for the land.

“Our focus ultimately always turns back to two things: serving our clients and the land itself.”

(888) 557-3090 | info@hallandhall.com

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A GLOBAL PERSPECTIVE WITH LOCAL EXPERTISE. With 18 regional offices, our team offers a global perspective, local knowledge and personal service. We are deeply rooted and highly experienced in Investment Quality Rural Real Estate, and our partnership structure creates an unmatched atmosphere of teamwork that benefits every client.

SALES | APPRAISALS | MANAGEMENT | AUCTIONS | FINANCE

HALLANDHALL.COM (888) 557-3090 | info@hallandhall.com 24

2019 ANNUAL REPORT | HALL AND HALL

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