Project Information

Subscription Agreement

Operating Agreement

Private Placement Memorandum

Incorporation

Investment

2020

2021

2022

2023

2024

2025

2026

2027

2028

Total Return

Hazelnuts

Edward Jenner Hazelnut Orchard

Target IRR

Cash Yield

Offering Size

Deal Closed

Edward Jenner Orchard

Who can invest through FarmTogether?

When and how will I receive returns from investments?

What are your fees?

How and when will I be paid?

Why is the property named Edward Jenner?

Where can hazelnuts be grown?

What is the life cycle for Hazelnuts?

Who owns the property?

Who will farm the property day to day?

How often will I receive updates on the investment?

Is the water source reliable?

What happens to my investment if FarmTogether goes away?

One-Time Expense Reimbursement Fee

1.0% of Investment Amount

Annual Management Fee

0.5% of Investment Amount

All fees are applicable upon deal closure. FarmTogether doesn’t charge any fees during syndication period or in case of deal cancelation.

The total deal size is $1,530,000 and 100% of the deal will be funded with investor equity. The first payout will be made after the deal is closed and annually thereafter on the anniversary of the deal closing. The payouts are comprised of a base rent and a percentage of total gross revenue. Since the trees were just planted, the vast majority of the cash yield during the hold period will be driven by the guaranteed base rent payment. This means that we expect  little to no volatility in yearly returns. At exit in year 8, Raptor Ag will purchase the sublease for a guaranteed price of $2,177,000.

Edward Jenner Hazelnut Orchard is one contiguous block of hazelnuts located in a prime growing region in Benton County.

Edward Jenner Hazelnut Farm

Hazelnuts are relatively small, durable trees that begin producing at age 3, reach peak production near age 10, and produce at that level for many decades.

This property was planted in September 2019 to the next generation hazelnut variety PollyO. This variety was developed by Oregon State University.

At the webinar, we’ll talk in detail about the new investment opportunity, how investing with FarmTogether works and various legal vehicles you can use to invest with us.

Why invest in Edward Jenner Hazelnut Orchard

Investments are structured as interests in FarmTogether 195, LLC that in turn will directly own the sublease to Edward Jenner Hazelnut Orchard. The investors do not own the underlying asset. Raptor Ag will provide all services related to the day-to-day management of the farmland property.

There is a <a href="https://static.farmtogether.com/documents/Risk_Reward.pdf" target="_blank">risk factors list</a> related to the Edward Jenner Hazelnut Orchard where each factor is judged to qualitatively add to the overall "Risk" profile. Each factor section has an explanation as to why the risk matters. Each risk is graded where the higher the number - the higher the risk. Combined, these factors converge to one position on our Risk-Reward Spectrum.

Hazelnuts are a protein-packed nut that can be roasted, made into butter, or used in confectionery dishes. Nearly all hazelnuts in the US are grown in the Willamette Valley in Oregon, but 70% of global supply is from Turkey. Food manufacturers have a heightened interest in the Oregon hazelnut industry due to its very high productivity and quality, and sustainable and ethical practices. This is our CEO’s personal favourite nut.

Growing Market

This is an excellent opportunity for investors looking for a safe yet high yielding investment. Income to investors is paid annually and is a combination of guaranteed base rent and a crop share.  In year 8, the operator will purchase the property at a guaranteed price. Absent defaults from the operator, the worst-case scenario is a Net IRR of 8.7% and Net Average Cash Yield of 4.44%. In the default case, which we think is unlikely given zero debt by the lease payer, we are confident we can find another operator to take over the lease.

Strong Downside Protection

Raptor Ag is one of the largest growers of hazelnuts in North America. Through long-term leases and acquisitions, Raptor Ag provides financially attractive solutions for family farm generational transfers, absentee landowners and other farm owners, while providing investors with premier agricultural investment-grade opportunities.

Reputable and Sophisticated Operator

<p>Learn the advantages of high cash yield farmland investments in your portfolio. We review the opportunity in detail, answer your questions, and cover the basics of investing with FarmTogether.</p>