Epstein Secrets

eing able to renew each of the leases associated with these farms at the same, if not higher rental rates. Our Pleasant Plains Farm, Tillar Farm and Kane County Farms, however, are located in the USDA Corn Belt and Delta regions, both of which have experienced a softening in commodity prices, which may adversely

n specialty/vegetable and commodity row crop farms, in any given year we may have multiple leases up for renewal or extension. We have nine leases (Sandpiper Ranch, Condor Ranch, Pleasant Plains Farm, lillar Farm and Kane County Farms), with some farms having multiple leases, expiring in 2015 that collectively

ity The original revolving credit facility is secured by first lien mortgages on our Pleasant Plains, Macomb Farm, Sweetwater Farm, Tillar Farm and Kane County Farms properties, with the loan commitment amount not to exceed 50% of the current appraised value of the farms pledged as collateral. The second revolv

% of the current appraised value of the farms pledged as collateral. The second revolving credit facility is secured by first lien mortgages on our Sandpiper Ranch, Quail Run Vineyard, Golden Eagle Ranch and Blue Ileron Farms properties, with the loan commitment amount not to exceed 50% of the current appraise

Kane County Fanns The Property. We acquired Kane County Farms, a commodity row crop farm in the premier corn producing area of North-Central Illinois, in June 2011 for a purchase price of approximately $17.2 m

arm represented approximately 38.7% of our 2014 contractual rent. Additionally, our tenants at Blue Heron Farms, Kane County Farms, Pleasant Plains, Sandpiper Ranch, Sweetwater Farm and Quail Run Vineyard represented approximately 11.7%, 10.6%, 7.6%, 6.1%, 5.7% and 5.6%, respectively, of our 2014 contractual re