Josh from Gold Leaf Farming will present on what makes farmland investing so attractive. Gold Leaf Farming is currently fundraising for its fund, GLF LP, which consists of 16 mature, cash-flowing almond and pistachio orchards, comprising of ~6,000 acres in California. We will continuously raise capital into GLF LP to buy attractive assets. We will look to make quarterly distributions starting in 2025 after our 2024 harvest. The timing and extent of these distributions depend upon crop price and yield, among other factors. We guide investors towards a 7-10-year hold period and plan to capitalize on institutional buyer demand for larger, well-operated farming assets. GLF LP is expected to return on average 14% Net IRR driven by annual crop cash flows, farm value appreciation and tax benefits.
