At Summit Agricultural Group, we view our Sale Leaseback Program as a partnership with each farmland operator. We value our longstanding relationships with farmers across the Midwest and continually look for opportunities to partner with individuals to grow enduring and successful farming operations.
Through the program, Summit purchases farmland and the operator leases it back, keeping acres in production while freeing up capital to reduce debt, strengthen working capital, and invest in the future. Since 2018, Summit has completed $53.9 million in farmland sale leasebacks across 5,530 acres.
Summit purchases the farmland from the landowner
The operator and Summit negotiate a lease, along with any potential improvements, up front so expectations are clear from day one.
The operation continues without interruption, now with freed-up capital to put to work.
A Right of First Offer gives the operator the first chance to repurchase the farm in the future.
Retain the acres you are farming today and continue maximizing revenue from them.
Alleviate debt and improve working capital for your operation.
The sale happens behind the scenes while your operation carries on as usual, with no disruption to your day-to-day work.
Every agreement includes a Right of First Offer, ensuring you have the first opportunity to buy the farm back in the future.
Gain a partner backed by Summit Agricultural Group, a diversified agribusiness operator and investment manager committed to keeping farmland productive and operators growing.
Justin joined the Summit team in 2022. His primary responsibility is professional farm management. Justin has professionally managed farms since 2016 and holds an Accredited Farm Manager (AFM) designation from the American Society of Farm Managers and Rural Appraisers (ASFMRA). Prior to joining Summit, Justin worked at Hertz Farm Management managing the Mankato, Minnesota office. Justin started managing farms out of the Cedar Falls, Iowa Hertz location, before his transition to Mankato. His management experience spans across Iowa, Minnesota, Nebraska, South Dakota, and North Dakota. Justin graduated from Iowa State University in May of 2016 with a B.S. in Agricultural Business and International Agriculture and a minor in Entrepreneurial Studies. Justin grew up in North Central Iowa near Buckeye.
Justin is a Licensed Real Estate Broker in IA, MN, NE and SD.
