Forestlands are at the heart of Lyme’s investment strategy and make up over 85% of its invested capital to date. Lyme also invests opportunistically in mitigation banks and other conservation assets.
Lyme targets large working timberlands that present opportunities for attractive yield and total return. We work closely with conservation organizations to identify lands that will attract conservation funding. Lyme adds additional value through the use of advantageous financing and operational restructuring. Investment returns come from a combination of operating income derived from sustainable timber harvesting, recreational leasing and the sale of carbon-offset credits; and capital events including the sale of conservation interests and the final sale of the property.
The over 670,000 acre property is the largest private forestland ownership in the region and includes high quality sugar maple stands.
234,000 acres of land in New York’s Adirondack State Park acquired in 2006
95,370 acres in Florida’s Big Bend region acquired in multiple transactions and with New Markets Tax Credit financing
163,500 acres in West Virginia acquired in 2017 with a carbon encumbrance that requires sustainable forest management
159,000 acres of hardwood timberland in North Central Pennsylvania and Southwest New York
112,000 acres on the coast of California featuring fertile soils, well-stocked stands, riparian habitats, and 85% of the Ten Mile River watershed
109,500 acres in the Cumberland Mountains in Tennessee and Alabama featuring well-stocked stands of Appalachian hardwoods