Hall and Hall Gives Back

By: Rob Hart

Hall and Hall’s unique partnership model makes it hard to achieve consistency at times.  Every partner has an equal say in how we operate, how we donate, and how we volunteer.  As you might expect, the opinions vary greatly, so the company has chosen not to “donate” under its own name.  But that doesn’t stop Hall and Hall from encouraging and awarding their staff for supporting worthy causes.  Tens of thousands of hours and dollars are privately donated annually, and many sit in leadership positions which support worthy organizations around the country.

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However, not everything can be done confidentially.  As professional auctioneers, our auction department has the opportunity to openly volunteer at great charity auction events around the country.  In 2016, the Hall and Hall auction department volunteered at 18 charity events from coast-to-coast while generating millions of dollars for children’s programs, medical research, athletics, agriculture, and the environment. If you support a great cause, give us a call.  If we have an open date, we’d love to help.

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Nebraska Farm & Ranch Auction Fetches $37.5 Million

The Thomas Land Company auction conducted December 1, 2016 offered more than 28,000 acres of mixed western Nebraska irrigated land, dry farm land, and ranch property.  The sale drew a capacity crowd of about 400 persons, and nearly 130 registered bidders.

Before the auction began, Thomas Land Company President Lola Thomas addressed the crowd. She delivered an emotional thank you to the community for the happiness given her recently deceased husband Mike. She expressed hope that the offering of the land in 50 parcels would allow local farmers to add onto their holdings.

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The Hall and Hall team included three Hall of Fame auctioneers and World Champion auctioneer Spanky Assiter was aided by spirited competition between both locals and large out-of-state investors. The land, offered in 50 parcels, was auctioned over nearly eight hours. The auction was a success. Mrs. Thomas expressed her gratitude to successful and unsuccessful bidders.

Historic Kansas Ranch Heads to Auction October 5th

Yaggy Plantation, a 1,260+/- acre property only minutes from Hutchinson, KS will be auctioned to the public on October 5, 2016 in five tracts and combinations. The property offers a unique mixture of irrigated farmland, a mile plus of Arkansas River frontage, a historic homestead with two residences, dryland acreage and hunting cover. It has been in the same family for 130 years. For more information, contact John Wildin of Hall and Hall at 620-662-0411 or visit http://hallhall.com/ranches-for-sale/properties/yaggy-plantation.

“Back in early 1900’s Yaggy Plantation was a very large and successful apple farm with roughly 50,000 apple trees,” said Wildin.  “Also, according to historical documents, it had more than 1,000,000 catalpa trees that were harvested for fence posts and railroad ties. The plentiful crop diversity is due to the water under this land being plentiful and shallow.”

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There are two large historic homes situated on a tree-lined drive with expansive lawns. Both two-story houses have front and back porches, numerous bedrooms, brick fireplaces and hardwood floors, all in a beautiful setting amongst mature trees. The north home (c.1905) was faithfully refurbished in 2005. The south home (c.1892) was ordered as a prefabricated house from Sears & Roebuck and delivered to the site by train.

Yaggy Plantation is all contiguous land, without any public roads through the property. It is roughly two miles wide and one mile deep. Well over a mile of the south boundary lies along the north bank of the Arkansas River, the sixth longest river in the U.S. Hardwood and softwood trees are scattered throughout the land intermittently in rows and large stands along the river. A huge grove of catalpa trees provides the most secure sanctuary for the many varied wildlife species found here, including mature whitetail bucks. In between the various tree groves and rows are fields of native grass that have been until recently enrolled in the federal Conservation Reserve Program. These are perfect fawning areas bounded by tree lines. The towering cottonwood trees along the river provide massive canopies for nearly the entire length of the riverbank.

“Keep in mind all of this land is contiguous, and yet is not impacted by public access anywhere through the property,” Wildin added.  “This truly is the premier wildlife sanctuary in the Midwest with whitetail deer, large flocks of wild turkey, ring-necked pheasants and the bobwhite quail.”

The north end of this land is the historically productive cropland, of which nearly 350 acres are pivot irrigated to produce prolific yields of corn, soybeans, milo and wheat. The sellers have permits for an additional 226+/- acres of pivot irrigation.

“The phrase ‘unique land offering’ is probably the most over-used description in the real estate world,” said Scott Shuman of Hall and Hall Auctions.  “But the 1,260± acre Yaggy Plantation defines exactly what that phrase is meant to describe. Just three miles from Hutchinson and only fifty-five miles from the Wichita airport, this is one of the most unique land offerings to come along in a long time.”

Wyoming Stock Growers Land Trust Roundup BBQ

By: Mike Fraley

On a beautiful August evening, my wife and I were fortunate enough to attend the Annual Wyoming Stock Growers Land Trust Roundup Barbeque held at the C Bar B Ranch, thanks to the generous hospitality of Steve and Marty Gose, and managers Gary and Mary Ann Grubb.

Mike and board of trustee member Steve Laird and wife Penny.

Mike and board of trustee member Steve Laird and wife Penny.

Hall and Hall was one of the sponsors for this event, and it was our privilege to represent a company which places such a high value on land conservation in the state of Wyoming.  The night was full of great music, conversation and catching up with ranching couples from around the state.  A wonderful dinner, auction and a warm welcome from Mantha Phillips, chairman of the board of directors of the WSGA Land Trust, started the night off.  Many ranchers and conservationists were recognized for their efforts, which have protected over 235,000 acres of productive ag-lands.  The evening was highlighted when Pat O’Toole was awarded the Kurt Bucholz Conservation Award for his work with water and habitat conservation not only in Wyoming, but at a national level.

Hosting ranch owners Steve and Marty Gose, and Board of Director Rob Hendry.

Hosting ranch owners Steve and Marty Gose, and Board of Director Rob Hendry.

This conserved acreages includes:

- 105,397 acres of sage-grouse habitat

- 67,125 acres of grasslands

- 21,125 acres of hay and pasture land

- 17,125 acres of wetlands

- 13,524 acres of forests

Mark Gordon, local Johnson County rancher and Wyoming State Treasurer, was the keynote speaker, and as a fellow Johnson County cattle producer I really appreciated many of his points.  “We have a care and relationship with the land that can’t be had by a government fiat relationship. It is now important that we endure.  A feature of our state is that when we started in 1890, agriculture was the backbone of Wyoming. All of these years later, it is important that we are careful with our resources.  If we are careful, we can continue to fund and make good investments with the land and resources of our state.“

The evening was concluded with an incredible live auction, auctioneered by the notorious Larry Brannian of Brannian Auction Company. Buyers were more than generous with their financial contributions.  Monies raised will assist the Wyoming Stock Growers Land Trust in conserving our state’s great resources.

A special thanks goes out to the hosting ranch owners, the Gose family, and the Wyoming Stock Growers Land Trust staff, board members, and the many volunteers for an exceptional evening!

Auctioneer Larry Brannian.

Auctioneer Larry Brannian.

A special thanks goes out to the hosting ranch owners, the Gose family, and the Wyoming Stock Growers Land Trust staff, board members, and the many volunteers that pulled off an exceptional evening! *Photo Credit - Wyatt DeVries.

Hall and Hall Celebrates 70th Anniversary

By: Jim Taylor

Looking back over my 44 years at Hall and Hall, it seems like it was only yesterday that my career began as one of two real estate partners working with Warren Hall and Bob Morse who handled our loan and appraisal business. My real estate partner Bruce Toole was gone within the year, leaving me to build that side of the business, and Doug Hall came in during that first summer to work with Warren and Bob on the loan/appraisal side.

Doug C.Hall, Henry C.Hall,Sr. Warren P.Hall, and Henry Hall Jr.

Doug C.Hall, Henry C.Hall,Sr. Warren P.Hall, and Henry Hall Jr.

I was attracted to Hall and Hall because as a 27-year-old neophyte, I knew I needed the knowledge and credibility of an established firm and the ability, as a partner, to share in their established business. I had starved the previous year trying to do it on my own so I knew what the stakes were! Even back then Hall and Hall had already been around for over 25 years and had an impeccable reputation in the agricultural community.

Henry Hall, Jr.

Henry Hall, Jr.

Doug was a couple years younger than me but Hall and Hall as a family company had been a part of his life since birth. The security of the well-established loan and appraisal business plus the reputation that his father Warren had built for Hall and Hall provided the spring board for us to leap into a future that involved building a full service real estate firm specializing in “Investment Quality Rural Real Estate” throughout the U.S. and in selected locations internationally.

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We were able to attract great people that allowed us to expand both our territory and our service offerings as we built a management business, a retained search business and an auction business. Hall and Hall has transitioned from a family owned company to an employee owned company that has grown to service a community of investors in and owners of some of the finest farms, ranches and exceptional land holdings throughout the U.S. and the world.

Colorado Land & Water Auction Rakes in $12.6 Million

The auction of a family-owned farm near Mead, Colorado raked in $12.6 million Thursday, July 28th as farmers, developers and five cities bid for land and the attached water and ditch rights. Below are excerpts from the Denver Post article reporting the sale.

The auction was packed with bidders, and 13 emerged with a piece of the Reynolds family portfolio. Municipalities, developers and farmers all grabbed units of Colorado-Big Thompson water (CB-T), while developers and growers signed deals for land.

The auction was of high interest, given the land’s location in the path of northern Front Range development and the large amount of water attached to it.

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Hall and Hall Auctions partner Scott Shuman said 276 CB-T units brought in the largest chunk of money, about $7.6 million or an average of $27,356 each. The CB-T units, already trading for high sums, were expected to be the most pricey given their given their scarcity and the ability to use the water for uses such as agriculture, development and industrial processes, including oil and gas extraction.

But on a per-share basis, the 15.75 Highland Ditch shares stole the show, averaging $148,900 each for an estimated total of $2.3 million. All the shares were sold to farmers or investors.

Although CB-T water got most of the attention prior to the auction, Shuman said the ditch shares provide more acre-feet of water than CB-T and are not limited to a specific geography. CB-T water, which is conveyed from the headwaters of the Colorado River near Grand Lake, can be used only within the boundaries of the Northern Colorado Water Conservancy District.

The 461 acres of land averaged $6,970 each, bringing in roughly $3.2 million. At the last minute, 50 acres of land and two Highland Ditch shares were added to the auction.