James W. Sewall

REITs & TIMOs

Investment Cycles—The Challenge and the Opportunity

International equity markets have ranked land as a commodity. Whether a real estate investment trust (REIT) maintains ownership of the same acres and periodically markets ownership shares or a timberland investment management organization (TIMO) periodically sells lands owned by investors at the end of cycle, land is bought and sold as a commodity and is expected to produce a profit for investors. The marketplace demands accurate and accountable standards of acquisition, management, and disposition.

Integrated Natural Resource Solutions

Sewall has a unique combination of professional services, including airborne imaging and mapping, land survey, environmental engineering, forest inventory and biometrics, due diligence, appraisal, land management consulting, and geospatial solutions via web-based services to:

• Map the resource
• Accurately measure area
• Estimate timber volumes
• Design appropriate infrastructure
• Advise on appraised value and estimate returns
• Propose management options and audit for compliance
• Advise on wood supply agreements
• Manage the information flow of legacy and dynamic resource data
• Serve database and information management needs via web-based solutions
• Understand the investment cycles unique to REITs and the TIMOs

The Benefits

Sewall solutions enable investors, natural resource owners, and managers to quantify and value assets with:

• Accurate data for sound decision making and better planning
• Market knowledge of land and related commodities (e.g., sawtimber, pulpwood)
• Objective third party advice
• Credible, auditable results for private investment