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Dynamics of Large Corporate Forestland Ownerships in the United States
Journal of Forestry ( IF 2.3 ) Pub Date : 2021-04-06 , DOI: 10.1093/jofore/fvab013
Emma M Sass 1, 2 , Marla Markowski-Lindsay 1, 2 , Brett J Butler 2, 3 , Jesse Caputo 2, 3 , Andrew Hartsell 4 , Emily Huff 2, 5 , Amanda Robillard 1, 2
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Ownership of forestland in the United States has changed in recent decades, including the proliferation of timber investment management organizations (TIMOs) and real estate investment trusts (REITs), with the potential to alter forest management and timber supply. This article quantifies forest ownership transitions among ownership categories between 2007 and 2017 and investigates how and why large corporate ownerships own and manage their forestlands. Ownership transitions were determined from refined USDA Forest Service, Forest Inventory and Analysis data; we also conducted a survey of large corporate forestland ownerships. Corporate forestland acreage increased between 2007 and 2017, while family and public forestland decreased. Large corporate landowners report multidimensional, financially focused land management, although industry, timber investment management organizations, real estate investment trusts, and other owners report some different motivations and income streams. This work provides a baseline to track future ownership transitions and the behaviors of large corporate forestland owners.

中文翻译:

美国大型企业林地所有权动态

近几十年来,美国林地的所有权发生了变化,包括木材投资管理组织 (TIMO) 和房地产投资信托 (REIT) 的激增,有可能改变森林管理和木材供应。本文量化了 2007 年至 2017 年间所有权类别之间的森林所有权转变,并调查了大型企业所有权如何以及为何拥有和管理其林地。所有权转移是根据完善的美国农业部林务局、森林清单和分析数据确定的;我们还对大型企业林地所有权进行了调查。2007 年至 2017 年间,企业林地面积增加,而家庭和公共林地减少。大型企业土地所有者报告了多维、以财务为重点的土地管理,尽管工业、木材投资管理组织、房地产投资信托基金和其他业主报告了一些不同的动机和收入来源。这项工作为跟踪未来的所有权过渡和大型企业林地所有者的行为提供了一个基线。
更新日期:2021-04-06
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