Captial Farm Credit Ready to Finance Sale of Historic W.T. Waggoner Ranch

Capital Farm Credit today announced its selection to underwrite and finance the famous W.T. Waggoner Estate Ranch in the upcoming and contemplated sale of the giant and iconic Texas property. As one of the most storied ranches in Texas heads toward the finality of sale and enters a new era of ownership, the question of where a prospective buyer might source funding for such a record breaking acquisition as the $725 million dollar icon is answered today in part at least as Capital Farm Credit announces their selection as lender within the sales team. "We have been working with brokers Sam Middleton and Bernard Uechtritz for some months now in order to be in a position to completely underwrite and lend on this incredible ranch and historic opportunity," states Capital Farm Credit CEO Ben Novosad. "We are now in a position to offer a qualified buyer, joint venture or entity non-contingent financing and a fast close when purchase and sale contracts are submitted."...more