Indiana

Farmland Partners Adds First Indiana Farm to Portfolio

Published

2 years ago

September 16, 2022

Farmland Partners Adds First Indiana Farm to Portfolio

DENVER, September 16, 2022–(BUSINESS WIRE)–Farmland Companions Inc. (NYSE: FPI) (the “Firm” or “FPI”) yesterday bought 161 acres of cropland in Benton County, Indiana. The corn and soybean farm consists of two contiguous tracts and was acquired for roughly $2.1 million.

“That is the primary farm that the Firm has purchased in Indiana, and we want to add extra,” stated FPI Chairman and CEO Paul Pittman. “We’re very acquainted with the area’s soil, local weather, and robust tenant base due to its proximity to jap Illinois, the place we personal plenty of farmland.”

The farm is leased by way of the top of the 12 months, and Pittman believes that the property will demand sturdy rental charges for 2023 given its historical past of productiveness and present market circumstances. He defined that, along with rental earnings, shareholders ought to profit from the asset’s continued appreciation.

Agricultural land in Indiana has averaged 5.9% in annual appreciation since 1970, in accordance with the newest information from the U.S. Division of Agriculture.

About Farmland Companions Inc.

Farmland Companions Inc. is an internally managed actual property firm that owns and seeks to amass high-quality North American farmland and makes loans to farmers secured by farm actual property. As of the date of this launch, the Firm owns and/or manages greater than 190,000 acres in 18 states, together with Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Louisiana, Michigan, Mississippi, Missouri, Nebraska, North Carolina, South Carolina, and Virginia. Now we have roughly 26 crop sorts and greater than 100 tenants. The Firm elected to be taxed as an actual property funding belief, or REIT, for U.S. federal earnings tax functions, commencing with the taxable 12 months ended December 31, 2014. Further info: www.farmlandpartners.com or (720) 452-3100.

Ahead-Trying Statements

This press launch consists of “forward-looking statements” throughout the which means of the federal securities legal guidelines, together with, with out limitation, statements with respect to anticipated yields on acquired farmland, our outlook, proposed and pending acquisitions and tendencies, the potential impression of commerce disputes and up to date excessive climate occasions on the Firm’s outcomes, financing actions, crop yields and costs and anticipated rental charges. Ahead-looking statements typically might be recognized by means of forward-looking terminology similar to “could,” “ought to,” “might,” “would,” “predicts,” “potential,” “proceed,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” or comparable expressions or their negatives, in addition to statements in future tense. Though the Firm believes that the expectations mirrored in such forward-looking statements are based mostly upon affordable assumptions, beliefs and expectations, such forward-looking statements should not predictions of future occasions or ensures of future efficiency and our precise outcomes might differ materially from these set forth within the forward-looking statements. Some components which may trigger such a distinction embrace the next: normal volatility of the capital markets and the market value of the Firm’s frequent inventory, adjustments within the Firm’s enterprise technique, availability, phrases and deployment of capital, the Firm’s means to refinance present indebtedness at or previous to maturity on favorable phrases, or in any respect, availability of certified personnel, adjustments within the Firm’s trade, rates of interest or the overall financial system, hostile developments associated to crop yields or crop costs, the diploma and nature of the Firm’s competitors, the timing, value or quantity of repurchases, if any, beneath the Firm’s share repurchase program, the power to consummate acquisitions or tendencies beneath contract and the opposite components described within the part entitled “Threat Components” within the Firm’s Annual Report on Kind 10-Ok for the 12 months ended December 31, 2021, and the Firm’s different filings with the Securities and Alternate Fee. Any forward-looking info offered herein is made solely as of the date of this press launch, and the Firm doesn’t undertake any obligation to replace or revise any forward-looking info to replicate adjustments in assumptions, the prevalence of unanticipated occasions, or in any other case.

View supply model on businesswire.com: https://www.businesswire.com/information/dwelling/20220916005038/en/

Contacts

Phillip Hayes
phayes@farmlandpartners.com

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Indiana

How To Watch Indiana Against Providence in Battle 4 Atlantis 7th-Place Game

Published

5 hours ago

November 29, 2024

Press Room

How To Watch Indiana Against Providence in Battle 4 Atlantis 7th-Place Game

PARADISE ISLAND, The Bahamas – Indiana and Providence have one last chance to salvage a win Friday in the Battle 4 Atlantis seventh-place game. The loser will head home as the member of the eight-team tournament to go winless in the three-game stretch.

Indiana entered the tournament with a 4-0 record and ranked No. 14 in the nation, but it suffered an 89-61 loss to Louisville Wednesday and an 89-73 loss to Gonzaga Thursday. Providence had a 5-0 record before losing 79-77 to Oklahoma and 69-58 to Davidson.

*** LIVE BLOG:Once the game starts, CLICK HERE to read our live blog written by Jack Ankony, including live updates, highlights and thoughts on the game.

Bart Torvik rankings

Projected score: Indiana 72, Providence 67. Torvik gives the Hoosiers a 68% chance of victory.

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Indiana

Gonzaga responds to loss with emphatic Thanksgiving Day win over Indiana: 3 takeaways

Published

13 hours ago

November 28, 2024

Press Room

Gonzaga responds to loss with emphatic Thanksgiving Day win over Indiana: 3 takeaways

How does a team shake off its first loss of the season while facing a top-15 program that also has a lot to prove following its first defeat?

Ask Gonzaga men’s basketball head coach Mark Few — he and his coaching staff appeared to have all the answers to guide the Bulldogs to an 89-73 victory over No. 14 Indiana on Thursday to advance to the Battle 4 Atlantis fifth-place game.

The Zags (5-1) didn’t waste any time putting their overtime defeat to West Virginia behind them, as they jumped out to an 8-0 lead over the Hoosiers (4-2) in the first couple of minutes before taking a double-digit lead into halftime. Oumar Ballo kept Indiana in the fight early on to make it a 1-point game nearing the 9-minute mark in the first half, yet despite the former Zag’s efforts, Gonzaga capitalized on second-chance opportunities and transition points to go on a 21-2 scoring run, highlighted by an alley-oop dunk from Khalif Battle. The sixth-year guard led his team with 16 points and grabbed five rebounds, while five of his teammates scored in double figures, thanks in large part to Ryan Nembhard’s 13 assists.

With the win, Gonzaga will play the winner of Providence/Davidson in the fifth place on Friday at 5:30 p.m. PST/8:30 p.m. EST.

Here are three takeaways from the victory.

BULLDOGS IMPOSE THEIR WILL DOWN LOW

Gonzaga Bulldogs guard Khalif Battle (99) celebrates with Gonzaga Bulldogs forward Ben Gregg (33) after scoring during the first half against the Indiana Hoosiers at Imperial Arena at the Atlantis resort. / Kevin Jairaj-Imagn Images

Braden Huff noted the Bulldogs didn’t have much of a presence in the paint in their loss to the Mountaineers. The Zags went a season-worst 19-of-44 (43.2%) from inside the arc and never established themselves on the low block, instead settling for 3-pointers when their first action didn’t lead to a score from 5 feet out.

Ballo and 6-foot-9 forward Mackenzie Mgbako posed a different kind of challenge, though, despite a hot start from Ballo, who scored 17 of his team’s first 31 points, Gonzaga’s bigs controlled the interior and the boards in totality. The Zags outrebounded the Hoosiers, 42-27, and outscored their opposition, 23-4, in second-chance points.

“Our bigs did a good job,” Few said after the game. “That’s the first team we played that’s kind of like us — likes to throw the ball inside a lot, really ducks in and really puts a lot of foul pressure on you. We were in massive foul trouble in the first half. Got in even more trouble in the second half. But they kept playing. They kept repeating and moving them in and out of there, and they were able to stay in the game.”

Ballo gave the Hoosiers a much-needed spark after they fell into an 8-0 hole. The 7-foot-tall, 237-pound redshirt senior nailed a few right-handed hook shots to put his team in position to compete with the No. 3-ranked team in the country. Ballo led all scorers with 25 points.

“Clearly he’s gotten a lot better,” Few said of Ballo. “I mean that was what six years ago [when Ballo arrived to Gonzaga as a freshman]? He’s older, he’s gotten in great shape. I’m happy for him. That right-handed hook was going tonight but we were OK with that. We just didn’t want him to get a whole lot of stuff between us and the basket.”

Michael Ajayi had his best game as a Zag, recording 15 points and nine rebounds on 5-of-9 from the field, while Ike finished with 14 points and seven rebounds. Ben Gregg added 13 points off the bench and held down the center spot while Ike and Huff had to sit on the bench due to foul trouble in the second half.

AN EMPHATIC RESPONSE

Gonzaga Bulldogs guard Khalif Battle (99) celebrates with Gonzaga Bulldogs guard Ryan Nembhard (0) after scoring during the first half against the Indiana Hoosiers at Imperial Arena at the Atlantis resort. / Kevin Jairaj-Imagn Images

Gonzaga’s players looked ready to flush away the dramatic loss to WVU the moment they stepped off the floor Wednesday. Having a short memory is somewhat necessary when playing three games in as many days, regardless of the final score. Safe to say the Bulldogs embraced that mentality heading into Thursday’s consolation game.

“There’s a lot you say in a 24-hour period like that,” Few said in regard to how he addressed his team in wake of their loss to WVU. “We talked about how in a game like the other night, comes down to one or two possessions, we’ve got to be able to execute, especially on defense. I didn’t feel like we played very good ‘D’ last night.”

The Zags flipped the script on that end of the floor against the Hoosiers. While Ballo was rolling down low, his teammates weren’t creating much on offense from the perimeter. Indiana’s starting backcourt of Myles Rice and Kanaan Carlyle combined for 12 points on 4-of-14 from the field. Malik Reneau, who led the way with 21 points against the Cardinals, put up a goose egg in the first half before ending the night with a quiet six points in 24 minutes of action.

ONTO PROVIDENCE/DAVIDSON

Gonzaga Bulldogs head coach Mark Few reacts during the first half against the Indiana Hoosiers at Imperial Arena at the Atlantis resort. / Kevin Jairaj-Imagn Images

The Zags can enjoy the rest of their Thanksgiving holiday while they await their opponent for tomorrow’s fifth-place game at 5:30 p.m. PST. Gonzaga will face the winner of Providence (5-1) vs. Davidson (4-1) to conclude its trip in The Bahamas.

The Friars nearly completed a wild comeback against Oklahoma in the final minutes of their quarterfinal matchup on Wednesday. The Sooners led by nine points with 44 seconds left but missed free throws and a traveling violation made it a 2-point game in the final seconds. Wesley Cardet Jr. had 17 points, Jayden Pierre and Bensley Joseph 16 each and Corey Floyd Jr. put up 13 for Providence.

The Wildcats got blown out, 104-71, by No. 24 Arizona on Wednesday. Connor Kochera tallied 20 points and Bobby Durbin nailed five 3s for Davidson, which went 38% from the field.

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Indiana

How to watch Gonzaga Bulldogs vs. Indiana Hoosiers: TV channel, live stream for Battle 4 Atlantis game

Published

21 hours ago

November 28, 2024

Press Room

How to watch Gonzaga Bulldogs vs. Indiana Hoosiers: TV channel, live stream for Battle 4 Atlantis game

A pair of AP Top 25 teams look to bounce back from their first letdowns of the season on Thursday when No. 3 Gonzaga takes on No. 14 Indiana in the Battle 4 Atlantis event from The Bahamas.

The Bulldogs (5-1) were less than 30 seconds away from advancing to the semifinal round before West Virginia mounted a swift comeback in the final seconds behind Tucker DeVries, who sunk two free throws in the final seconds of regulation to force overtime. The Mountaineers held the Zags to 2-of-10 from the field in the extra period to come away victorious, 84-78, over the No. 3-ranked program in the country. Gonzaga also led by eight points at halftime and by double-digits at the 18:35 mark in the second half.

Braden Huff’s 19 points led his team, followed by Khalif Battle with 16 points. Javon Small scored a season-high 31 points for West Virginia, which went 14-of-28 (50.0%) from the field in the second half.

The Hoosiers (4-1) are looking to rebound from Wednesday’s 89-61 loss to Louisville in their Battle 4 Atlantis opener on Wednesday. Malik Reneau led Indiana with 21 points while former Zag Oumar Ballo recorded 11 points and six rebounds.

The Bulldogs and Hoosiers have met four times before, all at neutral sites, with the series split at 2-2. The two last met in the 2008 Hartford Classic in Indianapolis, Indiana, where the Zags came out on top, 70-54.

The winner of Thursday’s game plays at noon PST on Friday in the third-place game. Loser plays at 8 a.m. PST in the seventh-place game.