In learning about PotlatchDeltic, you might have seen that the company is a real estate investment trust, or REIT. So, what is a REIT, and why does that matter to you as a recreational land buyer? A REIT is a company that owns, operates or finances income-producing real estate. PotlatchDeltic is a timber REIT, owning… more REITs – why does that matter to a recreational land buyer?
PotlatchDeltic Corporation (NASDAQ:PCH) (“PotlatchDeltic”) today announced the successful completion of the previously announced merger of Potlatch Corporation with Deltic Timber Corporation in an all-stock transaction, creating a leading domestic timberland owner and top-tier wood products manufacturer. The combined company has changed its name to PotlatchDeltic Corporation. “Today marks the beginning of a stronger PotlatchDeltic, positioned for… more Potlatch and Deltic Timber Complete Merger
Pete Aube, Potlatch Lumber Mill manager, recently presented a $2,500 check for phase one construction of the Northland Regional Shooting Sports Park. The park, which will be the new home to the Lumberjack High School Trap Team, will include rifle, pistol, trap, skeet and 5-stand sporting clays ranges providing opportunities to participate in a wide… more Potlatch Corporation Donates to Shooting Park
Potlatch’s forestry practices on its properties are certified to the Sustainable Forestry Initiative (SFI) standard and, in Arkansas, the Forest Stewardship Council (FSC) standard. That sounds impressive, but what does this mean for a recreational land buyer? Actually, quite a bit, says Pete Prutzman, who’s part of the Potlatch Preferred Broker Network. “It’s basically like… more Why should Forestry Certification Matter to a Land Buyer?
Moving up one spot from last year, Potlatch was ranked #4 in the 2016 ranking. A small percentage of our overall ownership is available for sale, and we are proud to be able to share our heritage of conservation and our commitment to renewable resources. Looking to become a private timberland owner yourself? Contact us… more Potlatch ranked #4 timberland owner in the US