FarmTogether, the online marketplace that offers access to institutional quality U.S. farmland investments, today announced that it has been selected for the residency program at EvoNexus, Silicon Valley’s leading fintech incubator backed by global asset manager Franklin Templeton. The company also announced that Raymond Jacobs, Managing Director at Franklin Real Asset Advisors at Franklin Templeton, has joined FarmTogether as an advisor and mentor.
With the ability to tap into Franklin Templeton’s expertise in investment and risk management, FarmTogether will be well equipped to offer farmland investment opportunities to its investors.
“As a leader of real estate and impact investment products at Franklin Templeton, Raymond Jacobs will be an indispensable source of guidance in building investment policies and strategies with FarmTogether,“ said FarmTogether founder and CEO, Artem Milinchuk.
FarmTogether provides long-term farmland ownership and is responsible for maintaining its strong-performing farmland assets. Over the last half a century, farmland has yielded returns of approximately 10%. From 1992-2016, the performance was even stronger, with a 12% return compared to the larger real estate market at 8.7%, and with lower volatility. As the global population rises, occupying land and straining food supply, the demand for quality farmland continues to increase, with the U.S. market projected to reach $2.5 trillion. Based on the belief that farmland is a safe, stable, and attractive long-term investment for everyone, FarmTogether created a new kind of marketplace to radically democratize farmland investing.
Through the FarmTogether platform, investors have a single destination to browse potential farmland investments, review due diligence materials, invest in properties, and sign legal documents — all securely online. FarmTogether’s experienced investment team and partners select the top properties from hundreds of investment opportunities. They conduct comprehensive due diligence internally, including macro and end food markets, while external diligence groups do soil, leaf and water rights analysis, and a farm’s potential for capital improvements. Investment offerings are legal entities that own the titles to clients’ investment properties. When clients invest on FarmTogether, they purchase shares in an LLC, becoming a fractional owner of the farmland. They then are entitled to returns from its operation.
To learn more about FarmTogether and its current properties, please visit farmtogether.com.
FarmTogether is a new kind of online marketplace that enables individuals to invest in U.S. farmland. The company has developed an end-to-end platform that allows investors to browse carefully vetted farmland investments, review due diligence materials, invest in properties, and sign legal documents all in a secure online environment. FarmTogether’s team and partners are cross-industry professionals with over 70 years of experience across farmland investing, agriculture and real estate in the U.S. and globally. Learn more at www.farmtogether.com.