AcreTrader

AcreTrader Management Exceeds Target Returns in Vermillion County, Illinois Row Crop Farm Disposition

Retrieved on: 
Wednesday, March 27, 2024

This offering was funded on the AcreTrader platform in December 2022 and was sold in January 2024.

Key Points: 
  • This offering was funded on the AcreTrader platform in December 2022 and was sold in January 2024.
  • This exited offering was not conducted by AcreTrader Financial, LLC, registered broker-dealer, member of FINRA|SIPC.
  • AcreTrader is experienced in deploying its aggregation strategy in Illinois as it manages over four thousand acres of soil across the northern half of Illinois.
  • Just under half of these acres are in northeast Illinois , east of the Illinois River.

Fayetteville-Based AcreTrader Awarded on Forbes’ America’s Best Startup Employers 2024 List

Retrieved on: 
Wednesday, March 6, 2024

Fayetteville, Ark., March 06, 2024 (GLOBE NEWSWIRE) -- AcreTrader, the platform offering investors access to the farmland asset class, has been awarded on the Forbes list of America’s Best Startup Employers 2024.

Key Points: 
  • Fayetteville, Ark., March 06, 2024 (GLOBE NEWSWIRE) -- AcreTrader, the platform offering investors access to the farmland asset class, has been awarded on the Forbes list of America’s Best Startup Employers 2024.
  • The awards list was announced on March 5th, 2024, and can be viewed on Forbes’ website.
  • The America’s Best Startup Employers 2024 ranking examines best-performing startups as employers through defined KPIs to guide potential candidates in finding innovative and stable startups to work for.
  • "I'm humbled and honored that AcreTrader has been recognized on the Forbes list of America’s Best Startup Employers 2024.

AcreTrader Management Exceeds Target Returns in Arkansas Row Crop Farm Disposition

Retrieved on: 
Wednesday, January 10, 2024

Fayetteville, Ark., Jan. 10, 2024 (GLOBE NEWSWIRE) -- AcreTrader, the platform offering investors access to the farmland asset class, exited a Monroe County, Arkansas corn and soybean row crop farm to provide an internal rate of return (IRR) of 9.4% to investors upon exit.

Key Points: 
  • Fayetteville, Ark., Jan. 10, 2024 (GLOBE NEWSWIRE) -- AcreTrader, the platform offering investors access to the farmland asset class, exited a Monroe County, Arkansas corn and soybean row crop farm to provide an internal rate of return (IRR) of 9.4% to investors upon exit.
  • This offering was funded on the AcreTrader platform in 2019 and was sold in December 2023.
  • The existing tenant and farming partner on the property brought an unsolicited offer to purchase the farm to the AcreTrader team.
  • This exit yielded a return that surpassed the anticipated target for AcreTrader investors, attributable to a conservative initial underwrite, attractive entry price, and favorable market conditions for farmland investments.

Acres Announces a Major Integration with Peoples Company, Paving the Way for Data Advantages in the Ag-Tech Industry

Retrieved on: 
Tuesday, January 9, 2024

The partnership demonstrates the future of ag-tech data solutions and solidifies the value of advanced property intelligence within an organization’s proprietary database.

Key Points: 
  • The partnership demonstrates the future of ag-tech data solutions and solidifies the value of advanced property intelligence within an organization’s proprietary database.
  • Carter Malloy, CEO of AcreTrader, emphasized the significance of this collaboration with Peoples Company, stating, “Data advantages are pivotal in today’s ag-tech landscape.
  • By enriching Peoples Company’s proprietary databases with Acres’ data, the team is able to enhance daily operations, gaining a competitive edge.”
    The API integration has been a culmination of months of collaboration, ensuring data accuracy, speed, and cleanliness.
  • Peoples Company’s diverse services, including brokerage, management, and appraisals, rely on the accuracy and speed of property information, and this integration better equipped them to serve customers by integrating seamlessly into existing workflows.

Acres+ App Debut Puts Land Market Insights in the Hands of Buyers Nationwide

Retrieved on: 
Tuesday, December 5, 2023

The Acres+ app puts land insights and rural property data directly in the hands of buyers and sellers nationwide.

Key Points: 
  • The Acres+ app puts land insights and rural property data directly in the hands of buyers and sellers nationwide.
  • With the knowledge Acres+ provides, users gain confidence and save time limiting the chance of buyer’s remorse.
  • The Acres+ app is available in the Apple and Android app stores.
  • As interest in buying and investing in rural land grows, Acres+ connects buyers, sellers, and land professionals through a streamlined land data platform providing unparalleled transparency and expediency for its customers.

Acres Named to Fast Company’s Third Annual List of the Next Big Things in Tech

Retrieved on: 
Tuesday, November 28, 2023

“Acres' recognition by Fast Company as a Next Big Thing in Tech underscores its pivotal role in reshaping the landscape of rural land transactions.

Key Points: 
  • “Acres' recognition by Fast Company as a Next Big Thing in Tech underscores its pivotal role in reshaping the landscape of rural land transactions.
  • “The Next Big Things in Tech is not just a look around the corner—it's a look around the corner after that,” says Brendan Vaughan, editor-in-chief of Fast Company.
  • We are thrilled to honor the organizations that are making them a reality.”
    Click here to see the final list.
  • The Winter 2023/2024 issue of Fast Company is available online now and will hit newsstands on December 5.

AcreTrader Broadens Farmland Investment Options with Broker-Dealer Registration

Retrieved on: 
Wednesday, November 8, 2023

Fayetteville, Ark., Nov. 08, 2023 (GLOBE NEWSWIRE) -- AcreTrader, the platform providing investors access to the farmland asset class and providing farmers a platform to grow their businesses, responds to the growing demand for alternatives by introducing new vehicles for farmland investment.

Key Points: 
  • Fayetteville, Ark., Nov. 08, 2023 (GLOBE NEWSWIRE) -- AcreTrader, the platform providing investors access to the farmland asset class and providing farmers a platform to grow their businesses, responds to the growing demand for alternatives by introducing new vehicles for farmland investment.
  • While AcreTrader has historically forged relationships with well-known farmers and industry managers, its subsidiary AcreTrader Financial, LLC (AcreTrader Financial) recently registered as a Broker-Dealer in early 2023, has significantly broadened its scope of services.
  • This expansion allows AcreTrader Financial to partner with prominent ag-focused entities such as FBN Finance , Peoples Company , and Strongwater Viticultural Investments , offering investors distinctive opportunities and access.
  • AcreTrader Financial listed two farm option offerings, which both rapidly achieved full funding on the platform.

AcreTrader Exceeds Target Returns in Illinois Farm Aggregation

Retrieved on: 
Wednesday, October 11, 2023

The initial targeted returns (IRR) of the four farm offerings ranged from 7.8-8.7%, while the preliminary IRR for the aggregated offerings at exit is well above target at an expected 12.75%.

Key Points: 
  • The initial targeted returns (IRR) of the four farm offerings ranged from 7.8-8.7%, while the preliminary IRR for the aggregated offerings at exit is well above target at an expected 12.75%.
  • The dispositions encompassed 473 acres of investment-grade soil predominantly cultivated for corn and soybeans in Illinois' Iroquois and Vermilion Counties.
  • This exit yielded returns significantly surpassing anticipated targets for AcreTrader investors, attributable to a conservative initial underwrite, attractive entry price, a multi-year portfolio aggregation strategy, and favorable market conditions for farmland investments.
  • These upcoming exits bring a total of 10 full-cycle investments managed by AcreTrader Management, LLC, all of which generated realized returns above initial targets.

AcreTrader Founder and CEO Carter Malloy Joins the St. Louis Fed’s Agribusiness Industry Council

Retrieved on: 
Wednesday, September 13, 2023

Fayetteville, Ark., Sept. 13, 2023 (GLOBE NEWSWIRE) -- AcreTrader , the land investment platform at the intersection of agriculture, tech, and finance, is delighted to announce the appointment of Carter Malloy, founder and CEO of AcreTrader in Fayetteville, Ark., to the Agribusiness Industry Council of the Federal Reserve Bank of St. Louis.

Key Points: 
  • Fayetteville, Ark., Sept. 13, 2023 (GLOBE NEWSWIRE) -- AcreTrader , the land investment platform at the intersection of agriculture, tech, and finance, is delighted to announce the appointment of Carter Malloy, founder and CEO of AcreTrader in Fayetteville, Ark., to the Agribusiness Industry Council of the Federal Reserve Bank of St. Louis.
  • Each council is supported by one of the St. Louis Fed’s four offices: St. Louis (real estate); Little Rock, Ark.
  • "I am honored to have been chosen as a member of the Agribusiness Council of the St. Louis Fed.
  • For additional information about the Agribusiness Industry Council of the Federal Reserve Bank of St. Louis, please visit their website at www.stlouisfed.org .

DST Farmland Sponsors the Launch of a Farmland Delaware Statutory Trust Investment Opportunity Through Broker Dealer, AcreTrader

Retrieved on: 
Monday, August 28, 2023

CLIVE, Iowa, Aug. 28, 2023 /PRNewswire/ -- DST Farmland has formally launched Central Washington Farms DST through the AcreTrader platform. DST Farmland enables Section 1031 exchange investors to engage in farmland investment opportunities that have the potential to deliver above market returns and long-term capital appreciation, while simultaneously mitigating investment risk and implementing sustainable land management and farming practices. Before DST Farmlands' launch, the $9 billion Section 1031 exchange market entirely lacked farmland investment opportunities.

Key Points: 
  • Before DST Farmlands' launch, the $9 billion Section 1031 exchange market entirely lacked farmland investment opportunities.
  • DST Farmland has formally launched Central Washington Farms DST through the AcreTrader platform.
  • "In examining the Delaware Statutory Trust marketplace, DST Farmland saw a gaping hole in the lack of farmland assets for investors to consider.
  • The Central Washington Farms DST is available for investment through DST Farmland's broker dealer, AcreTrader Financial, LLC.