Republic Ranches achieved the #1 sale plus another 10 in the top 100 sales for 2016 as reported in Texas Land Magazine’s Spring issue.
“While 2016 was a difficult year for the large ranch market with the turmoil of still low oil prices and the presidential election, there were still solid buyers in the market that were looking for tangible assets in the earlier part of the year even with so much uncertainty. As the election trended in a more pro-business direction and we began to see increased oil and gas activity, especially in the broader Permian Basin, the last half of the year began to show a significant uptick in business activity which was reflected in the ranch market.” says Jeff Boswell, a Partner and Broker Associate with Republic Ranches, LLC.