Halderman Partnering With Firm Out West

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Wabash-based Halderman Real Estate Services Inc. has announced a joint venture with a Colorado company. President Howard Halderman says the partnership with Hall and Hall Auctions will affect larger-scale sales and auctions outside of Indiana, Ohio and Michigan. November 11, 2014

News Release

WABASH, Ind. - Leading full-service rural real estate and auction firm, Halderman Real Estate Services, Inc., is excited to announce a joint venture with Hall and Hall Auctions of Denver, Colorado, to conduct farmland auctions nationwide. This new partnership allows the reputable, long-standing firms to expand their established services into new geographic regions and a fresh demographic of business. The effort will combine Halderman's extensive knowledge of Midwestern farmland and Hall and Hall's expertise in large acreages and complex transactions to provide an answer to the growing challenge of marketing large agricultural real estate portfolios.

"We are excited to join forces with another National leader to bring even more service to our farmland clientele," said Halderman President Howard Halderman. "The venture will combine industry leading databases and will also allow both companies to expand into broader geographic regions without affecting current personal and professional service." Halderman added "the market in Indiana, Ohio and Michigan will continue to see Halderman Real Estate doing 95 percent of the auctions we have always done. This venture will only impact the larger sales and auctions outside of those three states."

As one of the largest land auction companies in the Midwest, covering much of the eastern corn-belt, Halderman Real Estate has been a leader in multi-tract land auctions and auction marketing since 1930. Hall and Hall is the largest full service rural real estate firm in the Rocky Mountain West and Great Plains regions.

"We are committed to working together to give our respective client base a more comprehensive, transparent and far-reaching resource for selling, sourcing, purchasing, and owning rural property," said Scott Shuman of Hall and Hall.

Halderman Real Estate Services, one of the largest family-owned professional farm management and real estate organizations in the United States, manages more than 250,000 acres of farmland, sells and acquires 150+ properties, and performs over 650 appraisals annually. The company philosophy remains the same as it was in 1930 -- to meet client goals, solve problems and prepare for change in the agriculture industry.

Hall and Hall was formed in 1946 as an agricultural mortgage company, and has since branched out into farm and ranch brokerage, appraisals, resource management and enhancement, retained search, auctions, and consultation on conservation easements and stewardship plans. Hall and Hall manages more than one million acres of land, and services a loan portfolio of more than $500 million.

"A unique partnership between our seven offices and multiple affiliates ensures that clients receive local knowledge and personal service as well as the international perspective needed to make informed acquisition and management decisions," said Shuman. "Adding Halderman as a partner in the Midwest expands our reach into the eastern corn-belt which should be great for our company."

For more information, contact Halderman Real Estate Companies at 800.424.2324 or visit http://www.halderman.com/. To learn more about Hall and Hall visit http://hallhall.com/.

Source: Halderman Real Estate Services Inc.