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Stock Market & Financial Investment News

News Breaks
June 4, 2014
09:06 EDTFPIFarmland Partners announces agreement for acuisition of Nebraska farm for $1M
Farmland Partners announced that it has entered into a purchase agreement to acquire an approximately 640-acre row crop farm in Morrill County, Nebraska for approximately $1M. The company intends to sign a five-year lease with the seller at an anticipated unlevered annual cash return of approximately 6.25%. The acquisition, which is subject to customary closing conditions, is expected to close on or before July 3.
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