Sandlapper Raises $4.6 Million for Two Webb Creek Land Deals

Sandlapper Securities LLC, a full-service independent broker-dealer and dealer-manager of investment products, raised approximately $4.6 million for two land deals on behalf of Webb Creek Management Group LLC, a Georgia-based firm that provides consultative services to individuals and company landowners seeking alternative uses of their property.

Of the $4.6 million, approximately $2.4 million went to acquire West Lake Investments LLC a securitized land deal of 37.39 acres of unimproved land in Fulton County, Georgia, while approximately $2.2 million went to acquire Sycamore Fork Investments LLC, a securitized land deal of 1,171.49 acres of unimproved land in Clay County, Tennessee. Investors in these deals have a choice of holding property for investment, developing the land, extracting minerals or placing such into conservancy.

Founder and chief executive officer, Trevor Gordon, said, “Each of the prospective uses for the acquired land provided great potential for investors, but the most significant benefit to present itself has been through the conservation of the land.”

Conservations easements are voluntary encumbrances on land that create a permanent and legally enforceable land preservation agreement between a landowner and a qualified conservation organization. Making this donation to conservancy provides a significant charitable contribution individuals can take against their adjusted gross income when filing their taxes on the amount of value between the “conservation land value” and the “highest and best use value” of the land.

“Conservation easements are a great win-win situation for the high income earner,” Gordon continues. “Land is preserved for future generations and the donor receives a significant write off, making this a great tool for the community and for an individual’s tax planning.”

Sandlapper Securities and Webb Creek Management Group are currently working on another $2.25 million raise for Lion’s Gate Investments LLC, a 170-acre tract of unimproved real estate located in Haralson and Carroll Counties, Georgia.

Founded in 2005, Sandlapper Securities is a full service independent broker-dealer and dealer-manager of alternative investment products.