fp

December 18, 2024

FarmTogether Announces Closings of Two Oregon Vineyards for $5.9 Million

by Sara Wensley

Head of Marketing

Share This Article

FarmTogether Announces Closings of Two Oregon Vineyards for $5.9 Million
FarmTogether's Josephine Vineyard - Crowdfunding Offering

FarmTogether proudly announces the successful closings of Josephine Vineyard and Pearl Vineyard, two standout properties nestled in Oregon’s renowned Applegate Valley AVA. These acquisitions reflect FarmTogether’s continued dedication to providing diverse farmland investment opportunities to a range of investors while championing sustainable agricultural practices in one of the nation’s premier wine-growing regions.

Josephine Vineyard, FarmTogether’s third wine grape offering and first in Oregon, adds 75 acres of mature Pinot Noir vines planted in 2015 to its portfolio. The $3.6 million crowdfunded offering was fully syndicated in just three days, underscoring strong demand among both existing and first-time investors. The property was modeled with a target net IRR of 10.6%, a target net average cash yield of 8.3%, and a target equity multiple of 2.2x over a 10-year hold period.

Pearl Vineyard is a strategic addition to the Sustainable Farmland Fund, further broadening its geographic reach and crop type diversification. As the Fund's fifth holding, it joins a portfolio that includes Northern California pistachios, Oklahoma pecans, Colorado corn and soybeans, and Central Valley California citrus. Spanning 53 acres, Pearl Vineyard features 50 acres of Pinot Noir and 3 acres of Viognier and is supported by senior-priority water rights, contributing to a reliable and sustainable irrigation supply.

Both Josephine and Pearl Vineyards exemplify the caliber of opportunities we aim to offer investors—properties with strong fundamentals, proven crop potential, and a commitment to sustainable agricultural practices,” said Boyd Corkins, Head of Asset Management.

The two properties’ location in the Applegate Valley AVA underscores Oregon’s world-class reputation for producing premium Pinot Noir and other high-quality varietals. This region's ideal growing conditions, paired with a robust irrigation infrastructure drawing from Sucker Creek, make both vineyards well-suited for producing high-quality, red-fruit-forward wines with balanced acidity and minerality.

With these closings, FarmTogether’s portfolio now encompasses 52 properties across 8 states, representing over $206 million in assets under management (AUM) across 14 diverse crop types.

For more information on investing through FarmTogether please reach out to investments@farmtogether.com


About FarmTogether
FarmTogether is a farmland investment firm that provides investors with creative capital solutions in real assets. The firm’s offerings are curated by an expert team with cross-industry experience across farmland investing, asset management, and tech, demonstrated by $2.1B+ of collective capital deployed[1]. Through FarmTogether’s differentiated investment philosophy and process, robust network of industry relationships, and proprietary sourcing engine, Terra, the team can efficiently source a diverse range of high-quality farmland deals across geographies for its clients. FarmTogether specializes in high-value permanent crop acquisitions across prime growing regions of the country, a highly complex market with significant upside potential. FarmTogether currently serves accredited and institutional investors via the following investment solutions: Crowdfunded Farmland Offerings, Sole Ownership Bespoke Offerings[2], Tenancy in Common Offerings*, Separately Managed Accounts, and the FarmTogether Sustainable Farmland Fund.

The FarmTogether Sustainable Farmland Fund
Distinct from FarmTogether’s flagship crowdfunding product, which gives investors the flexibility to choose specific management structures, geographies, and crops on a deal-by-deal basis, the FarmTogether Sustainable Farmland Fund provides a diversified investment option. Structured as an evergreen fund, it offers long-term access to a carefully curated portfolio of high-quality farmland assets in prime growing regions across the U.S. The Fund targets a net IRR of 8-10% and a net annual distribution of 4-6%.


[1] Collective capital deployed includes capital invested prior to employment at FarmTogether.

[2] These products may be eligible for a 1031 exchange.

Interested in Learning More About Farmland as an Asset Class?

Click here to see farmland's historical performance, visit our FAQ to learn more about investing with FarmTogether, or get started today by visiting ways to invest.

Disclaimer: FarmTogether is not a registered broker-dealer, investment advisor or investment manager. FarmTogether does not provide tax, legal or investment advice. This material has been prepared for informational and educational purposes only. You should consult your own tax, legal and investment advisors before engaging in any transaction.

Was this article helpful?

Questions? We’re Here to Help!

Read FAQ