SANDLAPPER Securities, LLC raises $4.6 million for two new land deals
October 19, 2015
GREENVILLE, SC – SANDLAPPER Securities, LLC raised approximately $4.6 million for two land deals on behalf of Webb Creek Management Group, LLC, 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.
Approximately $2.4 million went to acquire West Lake Investments, LLC a securitized land deal of 37.39 acres of unimproved land in Fulton County, Georgia and approximately $2.2 million went to acquire Sycamore Fork Investments, LLC a securitized land deal of 1,171.49 acres of unimproved land in Clay County, TN. Investors in these deal benefit from the choice of holding property for investment, development of the land, extracting minerals or placing such into conservancy.
“West Lake and Sycamore were the 8th and 9th programs we have distributed and raised capital for Webb Creek, and we are excited about our newest land program, Lion’s Gate Investments, LLC,” 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 success of the West Lake and Sycamore Forks Investment 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.”
SANDLAPPER Securities and Webb Creek Management Group are currently working on another $2.25 million raise for Lion’s Gate Investments, LLC, a 170 acre tract of unimproved real estate located in Haralson and Carroll Counties, Georgia. Kelly continues, “Lion’s Gate is located within the city limits of Bremen, GA and approximately one mile from Interstate 20 and has been identified as an excellent location for mixed-use residential and commercial development.” Kelly concludes, “should the investors/owners of the company (Lion’s Gate Investments, LLC) choose not to develop the tract or hold for investment, we will look at the opportunity to put additional land into conservancy.”
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 by Inc. magazine. They were also named for the second straight year as a top 5 fastest growing company in the state of South Carolina by Greenville Business Magazine. For more information visit www.sandlappersecurities.COM
.
