Retail investors can now directly invest in organic farmland through Iroquois Valley’s Direct Public Offering (DPO). The DPO provides a long-term investment opportunity targeting market rate returns for the asset class while supporting healthy food production, environmental stewardship, and prosperity for independent farmers and their communities.
“We want to mobilize the public to invest directly in small farmers and participate in building a healthier agricultural system,” says CEO & Co-Founder, David Miller. “The DPO is about investors of all kinds coming together to support a healthy farm economy from soils, to food, to farmers.”
By purchasing stock through this DPO, investors gain direct exposure to a diversified portfolio of organic farmland while supporting independent farmers and their businesses. With an accessible minimum investment just above $10,000, the DPO accelerates Iroquois Valley’s ability to raise capital, expand its farmland portfolio, improve corporate profitability, grow investor returns, and support farmers regenerating the soil and the food system.
Director of Business Development & Investor Relations, Alex Mackay says, “we have been waiting many years to include investors who have shown passion for what we’re doing but couldn’t participate because of the minimums or the net worth threshold. It’s very exciting that we can offer our REIT Equity Shares to folks who want to directly support organic farmers while investing in a real asset for the long-term.”
Iroquois Valley is a real estate investment trust providing secure land access to transitioning and organic farmers. Founded in 2007, it has relied on capital from approximately 400 accredited investors who have grown the portfolio to above $50 million. Iroquois Valley provides 40+ families with farmland tenure on over 12,000 acres in 14 states. Incorporated as both a Certified B Corp and Public Benefit Corporation, Iroquois Valley is committed to supporting farmers growing healthy food and building healthy soil.
We recently became one of the first companies to undergo an Impact Management Assessment by Aeris. This assessment evaluates a fund’s impact management capacity by focusing on impact management systems and processes as the strongest indicator of the fund’s ability to make investments in alignment with its stated impact thesis and to achieve its impact goals. Aeris’ methodology has been established and refined through performing impact management and financial analyses and ratings of CDFIs for the past 15 years, and has been essential in making impact investing more accessible for institutional investors. It recently extended its impact assessments to investment companies and funds across asset classes.
We’re proud to share our recently released assessment, based on December 2018 results. This report provides third-party verification of Iroquois Valley’s impact practices. It joins our B Corp assessment and expands our commitment to transparency through rigorous, independent evaluation of our work.
Read our Impact Management Assessment here.
Iroquois Valley was featured in the Spring 2019 issue of the Stanford Social Innovation Review – read the piece here. “Restoring the Heartland” looks broadly at trends in agriculture and positions our work providing secure land tenure to transitioning and organic farmers as part of a larger shift toward regenerative economic and agricultural systems.
Key quote: “In our view, we are regenerating an asset we’re lending against,” says Miller. “Our investors understand that our business model is enhancing the value of the underlying assets. This is not traditional finance.”
SSIR’s Spring Issue is available to the public until mid-May.
Iroquois Valley was featured in a Civil Eats article, “Can an Investment Firm Help Increase U.S. Organic Farmland?” for our work to help scale organic agriculture in America. The article features interviews with farmers we work with at Vilicus Farm, Creambrook Farm, and Richview Farms.
Some key takeaways from the article:
- Demand for organic products is increasing in the US, but organic acreage has not increased at the same rate. Iroquois Valley is changing that by financing farmland for organic farmers.
- We want to scale up and impact more farmers. We currently have over 50 farms in our portfolio, but want to grow to hundreds of farms.
- We need more investors to help us build the movement we believe in. We are opening a Regulation A+ offering that will allow public investors to invest in our mission.
Read the full article on Civil Eats to learn about our plans to scale up and support more organic farmers transitioning U.S. soils to organic.