SANDLAPPER Securities, LLC raises $40.34 million for six land acquisitions for Webb Creek Management Group, LLC

February 1, 2017

SANDLAPPER Securities, LLC (“SANDLAPPER”) raised $40.34 million for six land acquisitions syndications (“Companies”) sponsored by Webb Creek Management Group, LLC (“Webb Creek”) in 2016.  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 thousands of acres of raw, unimproved land in the Southeast, protecting this land from future development and providing landowners with positive returns in the process.  SANDLAPPER has been the exclusive placement agent for Webb Creek since 2013 and has raised almost $108.6 million in 22 separate land syndications.

The Companies acquired approximately 3,077 of raw, unimproved land in Polk County, FL, Roane County, TN and Benton County, TN.  Geological testing of the Florida properties determined the highest economic use for the owners would be to quarry/mine limestone from the land.  The Tennessee properties are optimally placed for residential development.  Instead of developing these properties, the owners have all chosen to give up ALL development rights on each parcel of land, thus preserving the land for future generations placing the properties into a Conservation Easement.

“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,” said SANDLAPPER Securities Founder and CEO, Trevor Gordon.  “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.”

 

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 #1 small business in South Carolina by SC Biz News. In 2016, for the fourth 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.