REIT that owns and manages farmland properties across major agricultural regions in the United States.
Farmland Partners Inc. operates as a real estate company that internally manages a diversified portfolio of high-quality North American farmland. The company's strategy revolves around acquiring and optimizing agricultural land assets, as well as providing secured loans to farmers using farm real estate as collateral. As of the latest update, Farmland Partners Inc. boasts ownership of approximately 155,000 acres spread across 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota, and Virginia.
With a robust agricultural footprint, Farmland Partners Inc. oversees a wide spectrum of crop types and leases its properties to over 100 tenants. This diverse tenant base and crop variety underscore the company's commitment to maintaining a resilient and income-producing portfolio amidst agricultural sector fluctuations.
Farmland Partners Inc. has elected to operate as a real estate investment trust (REIT) for U.S. federal income tax purposes, starting from the taxable year ending December 31, 2014. This strategic decision enhances the company's financial efficiency by allowing it to distribute a significant portion of its taxable income to shareholders, while benefiting from favorable tax treatment.
Headquartered in the United States, Farmland Partners Inc. continues to expand its agricultural holdings and strengthen its position as a leading player in the farmland real estate sector. The company's focus on acquiring high-quality farmland and fostering productive tenant relationships underscores its dedication to generating sustainable value for investors and stakeholders alike.