Farmland Partners Finalizes $16.2 Million in Farmland Sales for a 24% Gain

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May 15, 2023

Farmland Partners Inc. (NYSE: FPI) (the “Company” or “FPI”) today announced that it sold 2,426 acres of farmland in Nebraska and South Carolina to the tenants who rented the properties. The transactions totaled $16.2 million and represented a total gain on sale of more than $3.1 million, or approximately 24% over net book value.