by Republic Ranches | October 10, 2014
Prestigious Land Brokerages Combine
Resources to Form Powerful Team in Asset Class
Fay Ranches and Republic Ranches, two of the most successful land brokerage firms in the country, are announcing a groundbreaking strategic alliance that will create one of the most powerful brokerage teams in the United States and further expand each company’s reach and breadth of services. The two firms have built strong business relationships over the past few years. Similar values, clienteles and standards led them to formalize the relationship.
Specifically, this powerful land brokerage team will work together to represent multi-generational families, high-net-worth individuals and institutional money managers in the acquisition and dispensation of significant land assets nationwide.
The two companies sit atop their respective markets, brokering prime holdings. For over two decades, Fay has been a leading land brokerage firm in the Rocky Mountain West; While Republic Ranches has been highly successful in the Texas and Oklahoma markets, including lucrative mineral interests. The two will also team up on future New Mexico listings, which will be led by long-time New Mexico broker John Watson.
Both firms have been consistently featured in The Land Report’s Best Brokerages issue. In 2013, their combined sales exceeded $300 million. Last year, Fay Ranches’ brokers were instrumental in one of the largest ranch transactions in Wyoming history: the sale of the 77,630-acre Medicine Bow River Ranch. Republic Ranches spearheaded the purchase of the Devil’s River Ranches, a transaction that qualified as The Land Report’s 2013 Conservation Deal of the Year.
“The acquisition of landscape-sized land assets, whether it’s a production farm or ranch or a world-class sporting property, is a complex transaction. Each asset is unique with its own set of attributes and challenges. There are very few companies working in this arena and fewer still that have the experience and expertise to provide the level of insight and professionalism this type of transaction mandates and our clients expect. Republic Ranches is one of those companies, and we’re very excited to work with them,” says Greg Fay, President of Fay Ranches.
“Two like-minded firms working together to further each other’s reach and goals with no strings attached may seem like a Mayberry storyline, but it’s the way our brokers do business – through honest cooperation. We’re excited about this alliance and the aggregate strength of the two companies. It will undoubtedly form the most powerful team in the land asset arena,” says Jeff Boswell, President of Republic Ranches.
“An increasing number of shrewd investors recognize land as an integral component of a diversified portfolio. The ability to tap into a national network of proven performers who have expertise in key sectors – productive ag land, oil and gas, timber properties, and recreational tracts – will give this team a considerable competitive edge,” says Eric O’Keefe, Editor of The Land Report.
Fay Ranches provides the highest quality farm, ranch and sporting real estate brokerage services in the country and represents the finest ranches for sale in the American West. Its commitment to investment value, sporting pursuits, family and conservation has guided over 20 years of growth and success and served as the basis for the relationships it builds and the quality of the business it executes. Fay Ranches is headquartered out of Bozeman, Montana with additional offices in Colorado, Idaho, Oregon and Wyoming.
Republic Ranches is a Texas and Oklahoma licensed farm and ranch brokerage firm that represents both buyers and sellers of farms, ranches and other rural properties across the Southwest. Republic’s five branch offices are located across Texas in Austin, Dallas, Hondo, Houston and San Antonio.