Farmland partners completes $289 million farmland sale

Denver--(business wire)--farmland partners inc. (nyse: fpi) (the “company” or “fpi”) today confirmed that the recently announced sale of a portfolio of farmland to farmland reserve, inc. (“farmland reserve”) closed as scheduled on october 16, 2024 (the “transaction”). the portfolio sold to farmland reserve consisted of 46 farms, comprising 41,554 acres of farmland in arkansas, florida, louisiana, mississippi, nebraska, oklahoma, and the carolinas. the $289 million all-cash transaction generated.
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