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Author Archives: David Hobson

Funds sponsored by The Lyme Timber Company LLC have sold their interests in 111,967 acres of coastal California timberlands, along with the management company established to manage the property to Redwood Timber Company LLC.

The banks are expected to sell credits to the Texas Department of Transportation, commercial and residential real estate developers, and oil and gas companies.

The Maine Coast Heritage Trust has secured a critical parcel in a 30,000-acre conservation project following the parcel’s 2011 acquisition by Schoodic Woods LLC, an affiliate of The Lyme Timber Company.

The working forest conservation easement completes the permanent conservation of the entire 46,581-acre Lyme Cross City Forest.

After purchasing approximately 9,700 acres of ecologically sensitive property along Galveston Bay in 2018, Lyme has sold 4,714 acres to Galveston Bay Foundation for permanent conservation.

The property is located in the Upper Peninsula of Michigan and will be managed for sustainable timber production by Lyme Great Lakes Forest Company LLC.