Sandlapper Securities, LLC raises $2.25 million for third land deal in 2015, launches two more
November 12, 2015
GREENVILLE, SC – SANDLAPPER Securities, LLC raised approximately $2.25 million for Lion’s Gate Investments, LLC, a 170 acre tract of unimproved real estate located in Haralson and Carroll Counties, Georgia on behalf of investment sponsor Webb Creek Management Group, LLC. Webb Creek Management Group, LLC is a Georgia-based firm that provides consultative services to individuals and company landowners seeking alternative uses of their property to maximize return. Since 2011 they have successfully worked to secure conservation easements on over 3,700 acres of raw, unimproved land in the Southeast, protecting this land from future development and providing landowners with positive returns in the process.
Lion’s Gate marks the third land program SANDLAPPER Securities has raised capital for in as many months for Webb Creek and marks their 10th syndication together since 2013.
In coordination with Webb Creek, SANDLAPPER is launching two additional land deals, Northwest VI Investments, LLC, an approximately $6.97 million capital raise for interests in the company that will own approximately 308.54 acres of unimproved land near Kanawha Falls, Fayette County, West Virginia. Investors in this deal benefit from the choice of holding property for investment, development of the land, extracting minerals or placing such into conservancy. In 2014 SANDLAPPER raised approximately $15.5 million in three offerings for almost 959 acres of contiguous land to Northwest VI that was placed in conservancy and protected from future development and mining of minerals. Investors in those companies were allotted their pro-rata share of the charitable contribution of the land for tax purposes receiving a substantial benefit. The second is an almost $2.7 million capital raise for Basin Mountain, LLC, a 756 acre tract of land in Bledsoe County, Tennessee.
“We are excited about the latest land deals,” said SANDLAPPER Securities Founder and CEO, Trevor Gordon. “Each of the prospective uses for the acquired land provided great potential for investors, but the most significant benefit to present itself has been through the conservation of the land.” Conservations easements are voluntary encumbrances on land that create a permanent and legally enforceable land preservation agreement between a landowner and a qualified conservation organization. Making this donation to conservancy provides a significant charitable contribution individuals can take against their AGI when filing their taxes on the amount of value between the “conservation land value” and the “highest and best use value” of the land. “Conservation easements are a great win-win situation for the high income earner,” Gordon continues. “Land is preserved for future generations and the donor receives a significant write off, making this a great tool for the community and for an individual’s tax planning.”
“We were thrilled with the continued success of these deals,” said Bryan Kelley, CEO of Webb Creek Management Group. “We are proud to partner with the SANDLAPPER Securities team to provide the opportunity to make larger investments in land than many may be able to accomplish alone.”
Founded in 2005, SANDLAPPER Securities is a full service independent broker dealer and dealer manager of alternative investment products. For more information on SANDLAPPER Securities, LLC visit http://www.sandlappersecurities.com/.
ABOUT SANDLAPPER SECURITIES, LLC
SANDLAPPER Securities, LLC (Member FINRA/SIPC), is an award winning independent securities brokerage firm with registered representatives located throughout the United States. SANDLAPPER principals and founders Trevor Gordon and Jack Bixler, along with their senior management team bring more than 100 years of financial service, advisory, and management experience to the organization. In 2013, the company was named the number one small business in South Carolina by SC Biz News. In 2014, the company was named one of the nation’s top 100 Financial Services Companies (ranking #56) and in 2015, for the third year in a row, the company was named one of the 5,000 fastest-growing private companies in America and number one Financial Services Company based in South Carolina by Inc. magazine. For more information visit www.sandlappersecurities.com.
