Farmland partners announces several asset dispositions at a 17% gain, and a farm acquisition

Denver--(business wire)--farmland partners inc. (nyse: fpi) (the “company” or “fpi”) today announced that it finalized numerous transactions over the third quarter of 2023, including the disposition of more than 13,500 acres in california, colorado, georgia, illinois, louisiana, and kansas, and the purchase of a 1,523-acre farm in morehouse parish, louisiana. the sales cumulatively totaled more than $70 million and represented a gain on sale of approximately 17%. the acquisition in louisiana is.
FPI Ratings Summary
FPI Quant Ranking