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Monthly Archives: August 2007

GreenWood Resources Announces Closure of the GreenWood Tree Farm Fund (GTFF) and the Acquisition of Three New Tree Farms in the Pacific Northwest

Written on August 8, 2007 at 11:44 am, by

August 8, 2007: Portland, OR

GreenWood Tree Farm Fund L.P. (GTFF) has closed at its subscription target of $175,000,000. The fund has completed the purchase of three poplar tree farms totaling 17,000 acres along the mid and lower Columbia basin previously owned by GMO Renewable Resources forestry funds for a total purchase price of $35.6 million. Combined with the recently completed and announced (May 15th, 2007) acquisition from Potlatch Co. of 18,000 acre poplar tree farm near Boardman OR, these acquisitions . . .

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