CHAMPAIGN, Ill., March 16, 2017 /PRNewswire/ -- Murray Wise Associates LLC has partnered with an institutional investor to purchase and manage high quality permanent crop and specialty crop properties in the United States. MWA and its principals have a long history of buying, selling and managing farmland throughout the U.S. and bring that expertise to this new venture.
Commenting on the investment strategy of the newly formed partnership, Murray Wise, CEO of MWA, said, "We have the ability to move quickly and to creatively structure leaseback or partnership strategies with best in class owner/operators."
"If an owner is looking for an outright sale, we can close quickly with no financing contingency. If an owner is looking to retain a minority equity interest, we can partner with them and allow them to continue operating the property," added Joe Bubon, president of MWA. "Developing strong relationships with successful operators is a key component of the company's investment strategy. It results in mutually beneficial partnerships that will allow us to maximize the long term value for both the farmer and investor."
"Our investor partner shares our long term outlook on agriculture, and they are seeking to acquire properties and establish partnerships that will stand the test of time," Bubon said. "We are extremely excited about this opportunity to acquire the very best properties and to partner with the top permanent crop and produce farmers in the United States."
Owners, advisors or brokers with properties to sell should contact Murray Wise Associates at (800) 607-6888.
Murray Wise Associates LLC, headquartered in Champaign, Illinois, is a leading national real estate auction, marketing, asset management and financial advisory firm, with additional offices in Naples, Florida and Clarion, Iowa. For more information, please call Joe Bubon at (217) 398-6400 or visit www.murraywiseassociates.com.
For more information:
Carl Carter, 205-823-3273
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SOURCE Murray Wise Associates LLC