AgAmerica

5 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Feb 9, 2023 by Brian Philpot · said 7 times in 1 episodes since 2023 · across every show →

Mentions by year

brought up most by Brian Philpot (6), Ted Seides (1)

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Everything said about AgAmerica, oldest first

Feb 9, 2023 positive
Assertion Not checkable as stated
Philpot: AgAmerica has completed thousands of transactions with zero loan losses
“For us, I mean, we've done thousands upon thousands of transactions taking back three properties REO. I haven't lost money on a loan, knock on wood, but three loans REO.”
Brian Philpot Feb 9, 2023 ▶ 25:47 Brian Philpot – Financing Farmers at AgAmerica (Capital Allocators, EP. 296)
Feb 9, 2023 positive
Assertion Supported
Philpot: AgAmerica is the only nationwide agricultural mortgage REIT
“We're one of the Only lenders across the lower 48 and the only mortgage REIT in America that it's in agriculture.”
Brian Philpot Feb 9, 2023 ▶ 11:54 Brian Philpot – Financing Farmers at AgAmerica (Capital Allocators, EP. 296)
Feb 9, 2023
Assertion Not checkable as stated
Philpot: Half of AgAmerica's borrowers are currently of retirement age
“We have about half of our farmers now are retirement age.”
Brian Philpot Feb 9, 2023 ▶ 17:40 Brian Philpot – Financing Farmers at AgAmerica (Capital Allocators, EP. 296)
Feb 9, 2023 positive
Insight
Philpot: Farmland is surprisingly liquid because neighboring farmers buy available parcels
“You think, oh, it's rural America, there's not buyers, but a good parcel of land a farmer wants to sell it rarely gets to a realtor. A lot of times it's being sold to the farmer next door, and they've got, they know someone that's going to buy it. So first off…”
Brian Philpot Feb 9, 2023 ▶ 28:25 Brian Philpot – Financing Farmers at AgAmerica (Capital Allocators, EP. 296)
Feb 9, 2023
Opinion
Philpot: AgAmerica's top bottleneck is finding finance talent to interface with farmers
“The ability to find high end motivated talent That wants to interface with the farmers, probably the number one challenge.”
Brian Philpot Feb 9, 2023 ▶ 34:04 Brian Philpot – Financing Farmers at AgAmerica (Capital Allocators, EP. 296)
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