Girotto: Buying farmland as perceived individuals yields discounts public REITs lose
Jay Girotto · Jay Girotto – Farmland Opportunity (First Meeting, EP.10) · Oct 14, 2019 · at 31:35
Jay Girotto, founder of Farmland Opportunity, explains why buying farmland through separately managed accounts for individual entities provides negotiating advantages over public REITs.
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“We're buying for what is perceived as an individual or an individual entity rather than buying for a fund or a publicly traded REIT or anything along those lines. And we think that that gives us a great advantage or our clients a great advantage in order to getting transactions at a discount. And we think we'd lose that if we were a publicly traded REIT.”
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