Farmland Partners Completes $8.9 Million in Farmland Sales at 73% Gain

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Jun 09, 2023

Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced that it has sold 1,370 acres of farmland stretching across four farms in Arkansas, Georgia, Illinois, and South Carolina. The transactions totaled $8.9 million and resulted in a cumulative gain on sale of $3.7 million – approximately 73% over net book value.