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Stock impact report

MWA Nearly Doubles its Farmland Management Portfolio, Eclipses 40,000 Acres

Farmland Partners Inc. (FPI) 
NASDAQ:AMEX Investor Relations: ir.farmlandpartners.com
Company Research Source: Business Wire
CHAMPAIGN, Ill.--(BUSINESS WIRE)--Murray Wise Associates (MWA) announced today that it has added approximately 19,200 acres under the company’s farmland management portfolio in the past four months, bringing the total acres managed to more than 40,000 across 10 states.MWA President Eric Sarff said growing the firm’s management business has been a point of emphasis over the past several months.“There are companies out there that manage more acres than MWA, but we believe that our team’s experience, attention to detail, and client service give us an advantage in the marketplace, which is why we’re working hard to grow in this area,” Sarff said.MWA manages farmland for a variety of clients, ranging from individuals who own a single farm to institutional asset managers with large farmland portfolios.“We’re going to continue working to expand the number of acres we manage,” Sarff added, “because it provides a recurring, diversified revenue stream for the company, and we believe it can Show less Read more
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