Hall and Hall featured in The Land Report, Spring 2011
A Montana cattle ranch for sale listed by Hall and Hall is one of “America’s priciest properties for March,” according to The Land Report. The 59,000-acre Dana Ranch, which has had only two owners in 95 years, is listed at $45 million.With a strong livestock operation that supports 3,000 animal units, the Dana Ranch is also considered one of the most coveted recreational real estate properties in the Rocky Mountain West. The ranch features some of the largest elk herds in the area as well as prevalent numbers of mule and whitetail deer. The Dana Ranch provides the ideal habitat for the Hungarian partridge and sharptailed grouse, while blue grouse, ruffled grouse, and ring-necked pheasant round out the upland game bird populations on the property. As for fishing opportunities, 14 miles of private stream—Blue Ribbon quality—run through the ranch. These waters support cutthroat-rainbow hybrids and brook and brown trout. Four miles of the Missouri River, which features some of the best Montana trout fishing, are accessible from the Dana Ranch as well. Dave Johnson of Hall and Hall has the listing.Also in the Spring 2011 issue, The Land Report takes a look at Hall and Hall’s latest service, ranch auctions. Hall and Hall Auctions emerged as a response to increasing demand for investment real estate. The uncertain environment of the stock market has driven investors to consider farmland and ranchland.According to Hall and Hall president Jim Taylor, as ranchland and farmland become a recognized asset class, “We recognized the need to create liquidity through a time-sensitive marketing program,” Taylor says.Hall and Hall is already getting its auction arm moving under the guidance of Scott Shuman. The auction for an Oklahoma ranch for sale will take place May 23. A large percentage this property, called Bird Creek Ranch, is available as tillable farmland, while pecan trees abundantly dot the rest of the area. In July, a high-profile auction will take place for Bullis Creek Ranch, located in Montana’s Paradise Valley near Yellowstone National Park. The Absaroka and Gallatin mountains provide a spectacular backdrop for this 5,340-acre ranch. This ranch auction will be held in two steps. First, sealed bids will be accepted through July 10. Then, the highest bidders will attend a live event on July 21 for a chance to own Bullis Creek Ranch.Hall and Hall is a ranch real estate company that emphasizes land stewardship. Hall and Hall brokers work as a team to provide clients from around the world with services such as real estate marketing, resource management, loan underwriting and real estate appraisals. For more information, visit http://hallhall.com/.