Fall 2014 - Hall and Hall

SALES | AUCTIONS | FINANCE | MANAGEMENT | APPRAISALS
From Our Corner | Fall 2014
An exquisite blend of nature and luxury, Kessler Canyon features 23,000± acres of western Colorado landscape
Western Hospitality
M
BY JAEL KAMPFE
y grandfather always said, “Greet everyone as a friend until they
prove themselves a stranger.” Whenever a visitor crossed our cattle
guard into the barnyard, the coffee pot was ready and a jar full of cookies handy. In 1902, my
great grandfather was looking for stray cattle 40 miles from the home place in twenty-below
weather during a Montana February. Nightfall came and a poor homestead family pitied him,
sharing half their meager meal, half their bedding, and granting repose from the cold. He wrote
down this event, ensuring that his children never forget true western hospitality.
When fourth or fifth generation ranchers gather, all have
similar stories. These values bind the west together. It is
the foundation for brandings or neighboring to ship cattle.
It is why the entire county will fight a grass fire or mourn the
latest loss of another old-timer passed. It defines rural. It is
our fabric. It draws outsiders to us where together we create
new community and a New West.
In the late 1880s, as Teddy Roosevelt shared his western
adventures enticing more easterners to join, western
hospitality was there to greet them. Neighboring the Eaton
family's Custer Trail Ranch, Roosevelt’s visitors were soon
receiving the Eatons' highly regarded hospitality. In the
spirit of the west, all visitors were greeted as friends and
taken in. The books soon revealed 2,200 free meals given.
With a harsh winter followed by the Panic of 1893, the
economics of western hospitality could no longer pencil.
Guests had to now pay for their room and board. Thus,
“Dude Ranching” was born, an industry founded on greeting
everyone as a friend and returning as family. Eastern visitors
cherished accessing the land horseback and being part of
a ranch community gathered by a triangle bell for common
meals in cook houses and lodges scattered throughout the
west.
The HF Bar Ranch at Saddlestring, Wyoming is one such
historic dude ranch. Started in 1911, by Frank Horton
from Iowa, the HF Bar quickly became a favorite gathering
place for Frank’s
mid-west and
eastern friends.
INSIDE THIS ISSUE
On the backs of
envelopes and
Western Hospitality
1 - 3
scraps of paper,
designs for the
Market Overview
4-8
original cabins
Our News
9
were scrawled,
Auction News
10
often reflecting
the individual
Loans | Appraisals | Management
10
personalities
Market Trends
11
of these first
guests. By 1921,
Continued on next page
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Hall and Hall Newsletter | Fall 2014
Sales | Auctions | Finance | Appraisals | Management
Frank, like
colleagues
around him,
CONTINUED FROM PAGE ONE
had realized
that it was
time these friends became paying guests. The ranch was
incorporated with his partners Warren and Demia Gorrell,
from Chicago, and the HF Bar Ranch soon became a
multigenerational vacation destination.
Western Hospitality
Today, the third generation has the reins, continuing the
traditions and ethics upon which the ranch was originally
founded. In 1981, Margi Schroth inherited the ranch from
her then-fiancé, Jack O. Horton, Frank’s grandson, who had
died unexpectedly of leukemia. Today Margi and her five
children run the ranch supported by a key group of longtime,
year-round employees.
The core value of the ranch - and one which brings people
back to the HF Bar - is the western value of an honor code.
“There is not a single lock on any cabin. The kitchen is open.
The honor code allows you to help yourself and feel completely
at home. For example, after a dance at 11:00 at night, people
are in the kitchen making sandwiches and helping themselves
to ice cream. Guests feel at home and that is the gift we want
to give them - particularly in this day and age.”
The HF Bar Ranch is a multigenerational community. Just
as the owners are into the third generation, so are the guests.
“Guests come as children and often transition to then working
here as teenagers. Many have gotten engaged here, gotten
married here, and then come back with families of their own.”
Another partner in the growth of the dude ranch industry was
the Great Northern Railroad, which quickly saw that dude
ranching gave visitors a destination and a reason to ride the
rail west. Deep Canyon Ranch, located west of Great Falls
along the Teton River, benefited from this critical partnership
with the railroad, a partnership that started in the 30s during
the depression. Bordering the Bob Marshall Wilderness,
Deep Canyon Ranch has thrived thanks to over 50 years of
stewardship by current owners, Chuck and Sharon Blixrud.
The quiet trails hold stories and tell tales, and Chuck has
spent a lifetime contributing to them. Coming back to the
historic lodge, one is greeted by the infectious kindness of
Sharon followed by a quality, homestyle meal now prepared by
her daughter, Debra.
hour days, working the offspring of Joe’s original cattle on the backs of descendants of his valued horse herd and with the
help of the next generation of dudes.
Chuck’s passion for the land is easily evident. Chuck
loves taking visitors horseback to a hidden vista for “a wow
moment” and to experience “the peace you have with the
country.” He is an ambassador for this spectacular region of
Montana known as the Rocky Mountain Front. “During our
lifetime of hosting visitors and sharing this special place, we
have worked hard at making sure this land will be preserved
for generations to come. Threats to the landscape will always
be present, but our connection to the land and to Deep Canyon
Ranch keeps us mindful of how special this Rocky Mountain
Front is.”
In 2007 at the height of the real estate market, Jim Manley the founder and chairman of Atlantic-Pacific Capital, a boutique
private investment firm, purchased the Ranch at Rock Creek. Growing up on Westerns, at the age of 10, this New Jersey boy
vowed that one day he would own his own ranch. The ranch he envisioned was based on his Hollywood 1800s depictions
from childhood: vast open space, a town unchanged by tourism, and neighbors
tucked away on their own large spreads.
The Ranch at Rock Creek afforded him and his family and friends this coveted
luxury. Soon, the tradition of western hospitality infected this easterner as
well. Friends and colleagues from the east coast were entertained, returned
for more, and the place thrived with an energy that only occupancy can bring.
Quickly he realized that to create a legacy ranch that would continue into future
generations, the property would need to be profitable. He channeled that
western hospitality, grew resort-caliber amenities and became one of the leaders
in another diversification of dude ranching: resort ranch experiences.
As economics drove friendly ranches to charge room and board
in the late 1800s, the tightening margins and low cattle prices
of the 1980s influenced working ranches to open their doors
to paying clients, thus diversifying the dude ranch industry to
include working cattle ranch experiences.
In 1983, the Shively Ranch in the Pryor Mountains on the
Montana/Wyoming border accepted its first paying guests. Joe
and Iris Bassett, with the encouragement of their daughter
Jennifer Cerroni, needed to diversify while facing foreclosure.
They focused on their core strengths: high caliber horses
and the strong value of family. Founded on the philosophy of
“treating guests as we would want to be treated,” they decided
to bring in dudes. They built four cabins and in their first
season entertained 93 visitors. Now into the fourth generation
and moved next door onto the Dryhead Ranch, the Bassett
family enjoys welcoming guests to become a part of the crew
and, even more so, a part of the family. Jennifer reflects
today, “This kind of a vacation really changes peoples’ lives.
I think about that. What kind of vacation could I take that
would change my life? Not many. But this is the experience
that guests leave with and why they come back year after
year." Rand G. Smith, a guest since 1991 who is introduced
as “part of the family,” concurs, “This is a place to come for
freedom. Here, you will experience what they mean by Big
Sky Country.”
Joe Bassett, if he were alive today, would smile. Jessie Hahn,
Joe’s granddaughter, with her husband Jake, are raising the
fourth generation of cowgirls and cowboys already riding 10
The Ranch at Rock Creek | Philipsburg, MT
“This
is the
diamond
I am
just going
to keep
polishing.”
Today, The Ranch at Rock Creek is the only ranch to receive
a five-star status from Forbes Travel Guide and to be included
as a member in the elite Relais & Châteaux, an association of
the world’s finest hoteliers, chefs, and restaurateurs that sets
the standard for excellence in hospitality. Jim splits his time
between the east coast and Montana, but his commitment is
deep. "This is the diamond I am just going to keep on polishing."
(NOTE: The Kessler Canyon Ranch located in western Colorado
- http://hallhall.com/ranches-for-sale/properties/kessler-canyon represents a similar dedication to the highest standards of personal service and luxury.)
Jim Manley
Western hospitality today is as diverse as the people who call the West home.
Each ranch is an embodiment of the family that owns it. Whether western
hospitality includes access to the massages and wine lists of today’s resort
ranches or early morning rides to get ahead of the heat on authentic cattle
ranches, what remains consistent is that everyone is greeted as a friend and
never a stranger. And more often than not, they return for generations as family.
Jael Kampfe, who is the fourth generation of her family on one of Montana’s
most famous ranches, successfully combined the traditions she writes about
on the Lazy EL Ranch before moving on to innovate the next embodiment
of western hospitality which will continue to “change the lives” of the next
generation of “dudes." She can be reached at jael@malcolmsblindhorse.com.
HF Bar Ranch
Saddlestring, Wyoming
The core value of the
ranch - and one which
brings people back to the
HF Bar - is the western
value of an honor code.
“There is not a single lock
on any cabin."
Margi Schroth
page 2
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om
With a harsh winter followed by the Panic of 1893, the economics of western hospitality could no longer pencil. Guests had to now pay for
their room and board. Thus, “Dude Ranching” was born, an industry founded on greeting everyone as a friend and returning as family.
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page 3
Market Overview | Fall 2014
Sales | Auctions | Finance | Appraisals | Management
arizona
cANYON rANCH OF THE Gunnison —
MONTROSE
south mill ranch — tubac
18 paved miles east of Tubac, 2,700± deeded acres very private end-of-the road ranch retreat nestled into
its own valley between mountain ranges with 10,000±
ft2 of beautiful adobe style improvements. $12,000,000
AZ Broker: Shenkarow Realty Advisors, Inc.
california
caliente ranch — Twin Oaks
The sprawling Caliente Ranch comprises 7,297±
acres along the eastern edge of Walker Basin in Kern
County. This is a beautiful hunting and recreational
ranch with endless potential to enhance wildlife
habitat. $2,918,000
genesee valley ranch — quincy
Genesee Valley Ranch’s 1,131± acres are nestled in
California’s Sierra Nevada Mountains in the Plumas
National Forest. A 9,000± sq. ft. custom log home
is the centerpiece. Several creeks flow through.
$8,950,000
Tollhouse Ranch — caliente
Expansive working cattle ranch with nearly 15,000
contiguous acres of rolling grasslands 30 minutes
east of Bakersfield and 2 hours north of Los Angeles.
Complemented by a full set of improvements and
excellent hunting. $7,475,000
chile
Estancia Valle Dorado —
Coyhaique, Aysén Province,
Patagonia
One of the world’s exceptional fishing ranches
20 miles from Coyhaique featuring comfortable
accommodations on 11,125± acres with 13 miles
of 3 diverse streams including a spring creek with
30” class trout. $17,000,000
colorado
Big Mountain Ranch — Meeker
An exceptional sporting paradise, this 3,549±
deeded acre ranch features trophy big game
hunting, extensive trails, trout fishing, rifle range,
sporting clays and a full suite of modern custom
built improvements. Reduced to $12,500,000
page 4
jackson creek ranch — Pagosa
Springs
Adjacent to Black Canyon of the Gunnison National
Park, minutes from Montrose Colorado, 1,766±
acres of unrivaled scenery. Attractive hunting
lodge and two cabins. Co-listed with Leadbetter
Webster. Reduced to $6,000,000
133± acres featuring Echo Lake State Park frontage
and spectacular views. Irrigated hay meadows and
pasture within 5 miles of Pagosa Springs. Co-listed
w/ Roger Horton, Dutton Creek Realty. Reduced to
$1,490,000
Casa barranca — montrose
kessler canyon — garfield county
Within Black Canyon of the Gunnison National
Park boundary, Casa Barranca is a luxurious
recently constructed custom home on 33± acres.
Minutes from Montrose, Colorado. Co-listed with
Leadbetter-Webster. Reduced to $4,500,000
An exquisite blend of nature and luxury, Kessler
Canyon features 23,000± acres of western
Colorado landscape. Impeccable accommodations,
big game and upland birds in a very private and
scenic setting. $35,000,000
Corral Creek Ranch — Evergreen
Lost Elk Ranch - 4F Unit —
Steamboat Springs
Located 10.5 miles west of Evergreen, this ranch
offers 290± deeded acres and features an historic
9,940± sq. ft. lodge. A mixture of open meadows
and heavily timbered areas with stunning views of
Mount Evans. $5,250,000
cOTTONWOOD sPRINGS Ranch —
Durango
525± acre equestrian estate, featuring a 5,700±
sq. ft. home, 20,000 sq. ft. horse barn. Property is
a mixture of heavily treed areas interspersed with
irrigated and sub-irrigated land. Minutes from
Durango. Reduced to $7,750,000
Creek Ranch Homestead —
Steamboat Springs
Custom five bedroom log home with barn and
caretaker unit on 11.5± acres overlooks 2,000±
acre Creek Ranch with exclusive access to 3 miles
of fishing on Trout Creek plus lakes, trails, hunting
and guest quarters. $2,400,000
Elk River Ranch —
Steamboat Springs
Situated at the confluence of Beaver Creek and
Morrison Creek, this 665± acre ranch features
a beautiful mountain setting, excellent wildlife
habitat, aspens, meadows and a lake teeming with
trout. $7,370,000
Lost Elk Ranch - J Bar Unit —
Steamboat Springs
This picturesque Colorado high country ranch is
nearly surrounded by national forest and features
1,378± acres (738± acres deeded) with excellent
wildlife habitat, gentle topography, creek, ponds
and recently constructed luxury home. $10,950,000
May-wood river Ranch —
steamboat springs
Nestled along the banks of the meandering Elk River
less than 5 miles from Steamboat, this 490± acre
ranch features outstanding fishing, rich wildlife
habitat, productive meadows and exceptional
improvements. $12,950,000
Mosca Pass Ranch — gardner
Located in the heart of the pastoral Elk River Valley,
this 801± acre ranch features panoramic views of the
surrounding mountains, superb accommodations,
irrigated meadows and trophy trout fishing. Co-listed
with Pam Vanatta. $24,250,000
5,056± acre holding located 15 miles west of
Gardner, Colorado. Adjacent to national forest
lands, this ranch combines big peak views and
quality rangeland with good water resources and
excellent hunting. $7,500,000
huston ranch — Walden
north boulder Ranch — Boulder
Comprised of approximately 5,600 total acres
(1,471± deeded), the irrigated meadows and
expansive pasture of this operating ranch are
complimented by hunting and fishing resources
along Owl Creek and the Michigan River. $2,750,000
Ten miles north of Boulder, Colorado the North
Boulder Ranch is 70± acres of rolling pastures
shaded by mature trees. Adjacent to the prestigious
Caribou Springs Ranch. $1,190,000
Illinois River Retreat — Walden
Tucked away in the secluded Piney River valley just
north of Vail and Beaver Creek, this historic 2,715±
acre ranch is very private yet easily accessible and
features outstanding fishing, wildlife and scenery.
$18,000,000
Olsen Piney Ranch — Wolcott
Picturesque mountain retreat features 137±
acres highlighted by two miles of the meandering
Illinois River and a 3,500± sq. ft. custom log
home overlooking the river valley and surrounding
mountain ranges. $1,500,000
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Pogna Ranch — Crested Butte
Located 6 miles south of Crested Butte and less
than 30 minutes from the Gunnison Regional
Airport; this 541± acres of vacant land is adjacent
to public land and features over one mile of frontage
on the East River. Reduced to $4,328,000
quincy farm II — Byers
Dry farm and pasture 19 miles east of Highway E470
Frontage along Quincy Avenue. 560± total acres.
Quality farm investment near Denver. $700,000
Robinson Ranch — Meeker
Excellent big game hunting ranch with 2,105±
acres of diverse mountain habitat, springs and
ponds, multiple drainages, adjacent BLM land and
modest house only 20 miles from both Meeker and
Rifle. Reduced to $3,150,000
Rocking R Ranch — Lyons
three waters ranch — Steamboat
Springs
1,138± acres with 1.4± miles of Elk River, 3/4 miles
of a meandering stream, spring-fed lake, irrigated
meadows and adjacent forest, all complemented
by first-class residential, equestrian and ranching
improvements. $12,000,000 - $1,225,000 below
2012 appraised value!
turgoose Ranch — meeker
Located less than 30 minutes from either Meeker or
Rifle in northwest Colorado, this 1,417± acre ranch
offers quality big game hunting complemented
by a recently constructed home and equestrian
improvements. $2,550,000
georgia
back valley farm — Chickamauga
20 minutes from Boulder, the Rocking R Ranch
is a preeminent equestrian property. Offering
235± acres, irrigated meadows, water rights and
extensive improvements including a 36,400± sq. ft.
indoor arena. Reduced to $13,950,000
262± acres tucked away in the picturesque
foothills of Lookout Mountain. Thirty minutes south
of Chattanooga. Countless recreational activities.
Perfect for horse lovers. Charming 3,000± sq. ft.
house. Very scenic. $1,200,000
Slate Creek Ranch —
Steamboat Springs
cedar springs farm —
Chickamauga
This private and pristine 1,145± acre landmark
ranch boasts an unparalleled combination of
stunning scenery, water rights, abundant wildlife,
public land adjacency, ponds and attractive
improvements. Reduced to $19,900,000
575± acres in Georgia’s most scenic area, McLemore
Cove. Abuts 20,000± acre Pigeon Mountain WMA.
35 minutes south of Chattanooga. Gorgeous vistas.
Endless recreational opportunities. First time on
market in 43 years. $2,050,000
snowy mountain ranch —
Steamboat Springs
idaho
Tarryall Meadows Ranch —
Fairplay
Spectacular 817± acre ranch occupying its
own mountain valley and featuring first-class
improvements, a trout stream, irrigated cropland,
big mountain views, and national forest boundary.
60 miles to Sun Valley. $2,900,000
Ideally positioned to capture the majestic setting
overlooking Steamboat Lake and the surrounding
peaks, this beautiful 210± acre ranch features
masterfully crafted custom improvements, creek,
aspens forests and mountain meadows. $9,800,000
Just 45 minutes from Breckenridge, this 240± acre
mountain ranch features 1.75 miles of trout fishing
on Tarryall Creek in a stunning setting at the base
of the Continental Divide. Reduced to $995,000
Tarryall Notch Ranch — Fairplay
Located just 45 minutes from Breckenridge Ski
Resort, this scenic 830± acre high mountain ranch
features 1.3± miles of trout-filled Tarryall Creek
set against the peaks of the Continental Divide.
Reduced to $1,500,000
Alder Creek Ranch — Mackay
Big Springs Creek Ranch — may
Castle Rock Ranch — Sun Valley
Along the coveted East Fork of the Big Lost 25 miles
from Sun Valley, this 80± acre fishing retreat with a
very tasteful 2,054± sq. ft. log home is surrounded
by Idaho’s most scenic high country. Reduced to
$1,875,000
EE DA HO Ranch — Sun Valley
Just 10 minutes from Sun Valley’s airport, this
stunning 1,550± acre ranch encompasses its own
valley and boasts an attractive owner’s residence,
horse facilities, and a spring creek system feeding
several trout-filled lakes. $15,500,000
gwin springs ranch — Gooding
Encompassing its own red rock canyon one hour
from Sun Valley’s airport, this 560± acre ranch
is surrounded by federal lands and features
impeccable improvements, spring-fed ponds, a hay
operation, diverse wildlife, and complete privacy.
$2,500,000
Little Wood Headwaters Ranch LLC
— sun valley
Less than 20 miles to the airport, these 3,060±
acres are easily accessible to the amenities of Sun
Valley yet instill a sense of being a world away. The
ranch adjoins national forest and features nearly 4
miles of a trout stream and private access to the
Little Wood River. $2,100,000
lost peaks ranch — Chilly
This 731± acre “inholding” ranch is completely
private and surrounded by public lands 35 miles
northeast of Sun Valley with direct access to some
of the state’s best big game hunting. Includes
irrigated pasture and a BLM permit. $2,300,000
maytag Ranch — Driggs
960± acre Forest Service inholding accessible year
around 12 miles west of Driggs. Features complete
privacy, dramatic views of Tetons, a modest older
dwelling, and easy access to a major ski area.
Contact us for more details.
Moose Creek Ranch — Mackay
With 6± miles of streams, these 1,395± acres
represent one of the most important wildlife properties
in central Idaho. Home to salmon, steelhead, resident
trout, waterfowl, pheasants, and diverse big game. 2
hours from Sun Valley. Reduced to $2,750,000
Beautiful 503± acre ranch with 140± acres of
irrigated cropland on one of the best reaches of the
Big Lost 60 miles from Sun Valley. Two attractively
furnished fishing cabins set along the river offer
huge views of Idaho’s highest peaks. $2,500,000
Canyon Ranch — Genesee
Ram Lodge at Mackay Bar —
Riggins
Located between Lewiston and Moscow, this diverse
720± acre property features timbered hillsides,
cropland, meadows, springs, ponds, and Little
Potlatch Creek. In the same family for over 60 years.
$995,000
This is a unique opportunity to own a turnkey
wilderness vacation property located on the Salmon
River with incredible scenery, wildlife, and solitude.
Owned by the same Idaho family since the late
1960s. $795,000
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page 5
Sales | Auctions | Finance | Appraisals | Management
Robinson Bar Ranch — Stanley
The 32-year residence of singer Carole King, this
historic 128± acre national forest inholding is
perched above the Salmon River and features
excellent accommodations, equestrian facilities,
and geothermal hot springs pools. Reduced to
$9,900,000
South Fork Ranch — Warren
Surrounded by Payette National Forest, this is one
of Idaho’s iconic wilderness ranches encompassing
235± deeded acres in 2 separate parcels with
extensive frontage on the South Fork of the Salmon
River. 35 airmiles north of McCall, Idaho. Reduced
to $2,850,000
summit springs ranch — Clyde
3,785± acres bordering national forest and
featuring a custom-built fishing cabin and 2 miles
of a trout-filled spring creek. Located approximately
2 hours from Sun Valley and Idaho Falls. $2,500,000
susie q Ranch — sun valley
The 537± acre Susie Q Ranch, 40 minutes from
Ketchum, is one of Sun Valley’s premier fishing
properties. The ranch features tasteful improvements,
lush pastures, and nearly 2 miles of world-renowned
Silver Creek. Reduced to $12,500,000
montana
3 hanging 3 ranch — Twin Bridges
North of Dillon, this 775± acre bottomland ranch has
293± irrigated acres and 1 mile of Beaverhead River
frontage. Custom build log ranch compound, topshelf equestrian facility and outstanding waterfowl,
pheasants and whitetail habitat. $5,750,000
Antelope Butte Ranch — Big Timber
1,260± acres west of Big Timber, Montana.
Spectacular views from two custom-designed
homes including a main residence and guest house.
A small summer grazing operation, deer, antelope
and the occasional elk. Reduced to $1,975,000
Aspen Meadows Ranch — Fishtail
Aspen Meadows Ranch is a 245± acre unimproved
ranch on the East Rosebud River. Only 60 minutes
from Billings and minutes south of Absarokee the
ranch has wildlife, views and privacy. $2,200,000
beaver creek mountain ranch —
lewistown
The Beaver Creek Mountain Ranch is a 934±
ranch in the beautiful foothills of the Big Snowy
Mountains. Creek frontage, hay ground, timbered
mountain slope, and a 3,700± sq. ft. log home.
$2,950,000
page 6
Big blackfoot river ranch — ovando
Market Overview | Fall 2014
Byram Bitterroot Ranch — Victor
612± acre premium retreat, 1.5 mi. riverfront, trophy
architecture, outstanding privacy and extraordinary
wildlife. Home, club house, river pavilion and restored
historic barn make this the most significant offering
available on the river. $15,000,000
A prime 196± acre Bitterroot Valley retreat with
elevated eastside location and stunning views.
Good water rights, abundant hay production and
a historic apple orchard. Includes a 2 bedroom, 1
bath home guest house. Reduced to $1,550,000
Big Creek Canyon — Victor
Chimney Rock Ranch — Big Timber
End-of-the-road privacy in the heart of the Bitterroot.
New, 5,800+ sq. ft. luxury timber frame home, guest
house and shop/barn. USFS borders and live water
views from every room. Reduced to $2,950,000
Big Easy Ranch — Warm Springs
Located in Warm Springs, MT, with a magnificent
view of the Flint Creek Mountains, this ranch is full
of elk and has a carrying capacity of approximately
280 AUs on 10,594± acres. Commercial air service
within 30 minutes. $7,370,000
Bitterroot valley Ranch — Missoula
The 2,669± acre ranch includes a 5,000± SF
custom log home, and multiple private ski runs
that join the national forest. Two mountain streams
and Squaw Creek service four irrigation pivots
supporting livestock operations. $17,500,000
black mountain Ranch — Ennis
Located 15 miles south of Ennis on 4,570± acres
(3,930± deeded), this unimproved ranch includes
magnificent big peak views, open prairie, lush
meadows and aspen/pine uplands adjoining the
wilderness boundary. $4,800,000
Boulder River confluence —
Big Timber
113± acres fronting the Main Boulder River offering
premium trout fishing. Great mountain views with
nearby access into the wilderness and Yellowstone
Park. Appointed with a 2,800± SF custom home
and horse barn. $2,800,000
bridger hollow ranch — Bozeman
A charming Alpine Homes built log cabin with
barn, mountain vistas and year-round brook offer
abundant flora and fauna to the 285± acre Bridger
Hollow Ranch and bordering State land. $1,900,000
bridger peaks ranch — Sedan
Pristine mountain valley 161± acres with perennial
streams, expansive views and private building sites
just 25 miles from Bozeman, 11 miles to Bridger Bowl
Ski Resort and 2 miles to National Forest. $1,285,000
buffalo trail Ranch — ovando
554± acre premium recreational retreat in the
heart of the Blackfoot River Valley. Nearly two miles
of riverfront with rare riverfront home, excellent
privacy and extraordinary wildlife amidst Western
Montana’s best fishing. $7,500,000
East Fork Rock Creek Ranch —
Philipsburg
knob & Kettle ranch — Ovando
This 2,460± acre ranch shares a 4-mile boundary
with public lands. Two creeks flow through. Includes
a caretaker home, shop, and garage. A large elk
herd roams the open range and timber. $5,500,000
These 203± acres in Western Montana's Mission
Valley are the pedestal for this 4,000± sq. ft. log
home featuring dramatic views of the snow-capped
peaks of the Mission Mountains. $2,950,000
Eighteenmile peak Ranch — dell
little timber ranch — Big Timber
This picturesque registered ranch along the
Judith River near historic Utica, MT includes a
beautifully renovated farmhouse. Superb livestock
improvements combined with outstanding trout
fishing and upland bird hunting in a classic
Montana setting. $1,950,000
10,605± deeded and 1,465± leased acres, working
ranch with excellent recreation including 5± miles
of private fishing. Balanced ranch with 30± miles
of trails, 7± miles of National Forest boundary.
$17,500,000
An exceptionally wild, scenic 160± acre mountain
retreat located in a cirque under a towering peak
completely surrounded by national forest. A small
cabin overlooks an irrigated meadow and small
trout stream. $1,400,000
A 2,764± acre working ranch located 8 miles
west of Big Timber fronting on the Yellowstone
River in its own private valley dominated by the
towering peaks of the Crazy Mountains. $5,500,000
Choteau Mountain Ranch —
Choteau
foster ranch — Livingston
30 mins. north of Livingston is a 320± acre mountain
retreat with rolling terrain, irrigated meadows and
stellar views of the nearby 10,000 foot peaks of the
Crazy Mountains. A 2,600± sq. ft. log home and barn
highlight the property. Reduced to $2,900,000
5,060± deeded acre operating ranch adjacent
to National Forest on Rocky Mountain front near
Choteau. Exceptional wildlife and dramatic mountain
views from a custom-built ranch compound and
Teton River frontage. Reduced to $7,900,000
Luxford Ranch — Wilsall
A 4,405± acre ranch five miles north of Livingston
in rolling foothills overlooking the Yellowstone River
with outstanding views of three mountain ranges.
Elevated range lands, excellent seasonal grazing
and complete privacy. $6,750,000
Four Creeks — Bozeman
Circle B Spring Creek Ranch —
Manhattan
Irrigated production ground with excellent fishing
and hunting. 1.5± miles of Gallatin River frontage
as well as 1.5± miles of spring creeks. A beautifully
renovated home and outbuildings are embraced by
427± acres. $6,500,000
Crown Creek Ranch — red lodge
The 260± acre Crown Creek Ranch is a private
creek front ranch offering solid improvements,
outstanding wildlife habitat, trout fishing and
productive farm ground along with an extremely
convenient location near Red Lodge, Montana.
$2,750,000
Daisy Dean Ranch — Martinsdale
1,652± acres bordering national forest in the Little
Belt Mountains. 14 miles from Martinsdale and 90
minutes from Bozeman. Three miles of creeks and
a 3,600± sq. ft. four bedroom home. Reduced to
$3,400,000
deer lodge mountain Ranch —
deer lodge
3,373± acres bordering forest service with timbered
draws, aspen groves, and grassy meadows, live
water and dramatic views of Flint Creek and
Highland Mountains. Currently used for summer
grazing and managed for excellent hunting.
2,595,000
diamond b ranch — Wilsall
A stunning unimproved 1,280± acre mountain
property located an easy 30 minute drive north
of Livingston at the base of the Crazy Mountains.
Exceptional big game in a dramatically beautiful
setting. $3,840,000
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ramshead ranch — St. Ignatius
1,185± acres at the “end of the road” with 9/10
mile of Blackfoot River frontage. The home and other
improvements are tastefully designed to blend with
the landscape amidst lush, irrigated meadows.
Wildlife abounds. Borders public lands. $10,500,000
Privacy and mountain peak views, 16 miles to
Bozeman. This wildlife inhabited 86± acres
includes a classic prairie-style architecture home
(3,900+ sq. ft.) built in 1993, barn with loft studio
and bath. $4,950,000
Hamilton Heights ranch —
hamilton
A 160± acres minutes from Hamilton, Montana,
unimpeded views of Bitterroot Range, easy access
to public land and the river. Open slopes and dense
timber offer a diversity of building sites. Reduced
to $975,000
holland peak ranch — Condon
Featured in Log Home Living, this 4,750± sq.
ft. rustic but elegant log home is nestled among
the trees on 90± acres of Montana’s Swan Valley.
Includes guest cabin and more. $1,950,000
meade creek Ranch — Deer Lodge
4,500± acres with astounding views of the Flint
Creek Mountains and impressive elk populations.
The five bedroom, custom Log Home overlooks the
range one hour from Missoula. $5,900,000
montana fishing ranch — Clinton
Premium fishing creek with two ponds, 3,200+
sq. ft. home, National Forest boundaries, 3/4 mile
of Ranch Creek, tributary to Rock Creek. Private
meadow, timber, mountain views, extreme privacy.
Outstanding hunting. $1,900,000
Old Stonewall Homestead —
Livingston
35± acre Stonewall Homestead 20 minutes south
of Livingston, Montana. 3,500± sq. ft. custom
log home, barn and trout pond. The property has
direct access into the adjacent forest and Beartooth
Wilderness. Reduced to $2,690,000
red barn ranch — hobson
Rock Creek Fishing — Philipsburg
99± acre property fronts on Montana’s famous
Rock Creek. Forest service borders the property and
a tastefully remodeled (2005) antique log home sits
at the edge of a meadow. Private bridge access.
$1,650,000
Rocking JR River Ranch —
Absarokee
The Rocking JR River Ranch is 1,382± acres and is
located on the Stillwater River. Tastefully improved
with a main house, guest house, barn and arena its
ideal for horses or cattle. $3,950,000
Shane Ridge Preserve — Joliet
This 1334± acre unimproved ranch is less than 45
min. from Billings, Mt. and has views of four major
mountain ranges. Good grass and timbered ridges
are home to deer and elk. Reduced to $1,590,000
Simpson Creek Ranch — Dell
4,015± deeded acres nestled amongst thousands of
acres of federal lands 30 miles west of Dell, this high
mountain ranch boasts excellent livestock facilities,
irrigated meadows and a summer cabin compound
in a private setting. Reduced to $3,400,000
pn ranch — Winifred
Horse Prairie ranch — Dillon
40,014± acres (17,012± deeded) including 14
miles of the Missouri and nine miles of the Judith
River. A balanced livestock operation combines with
deer, elk, antelope, big horn sheep & upland birds.
Turnkey. $18,000,000
Ix Ranch — Big sandy
The 26± acre Quaking Aspen is tucked away along
the meandering banks of the East Rosebud River and
is less than 30 miles from Red Lodge, this elegant
log home overlooks a private pond. $1,500,000
of any offer to buy any securities. Offers are made only
by the authorized offering materials. To obtain further
information, you must complete an investor questionnaire
and meet the suitability standards required by law. For
more information, please contact David Johnson, broker, at
(406) 587-3090 or davej@hallandhall.com.
Impeccably maintained 3,017± acres, in three
units inc. 1,500± irrigated acres under 12 pivots.
600 mother cows plus 1,000 ton in hay sales/yr.
Homes, barns and shops. Maximum production at
750-800 mother cows. $9,950,000
30,000± acre (7,707± Deeded) 750 AU mountain
ranch SW of Dillon at the end of the road dominating
a private valley adjacent to USFS with guest
facilities and excellent working improvements.
$11,950,000
quaking aspen retreat — absarokee
REPUTATION RANCH IN REPUTATION COUNTRY 126,000± acres (59,809± deeded) - 9,000± are
tillable. From Big Sandy eastward 30 miles; carries
3,000± cows plus elk, deer, antelope, upland birds.
Turnkey $64.5M. This is not an offer to sell or a solicitation
R bar n ranch — Deer Lodge
Sk Ranch — Choteau
7,700± deeded acre cattle ranch, adjacent to
wilderness, 28 miles north of Choteau. 8,000-foot
peaks of Rocky Mountain front. Elk, deer and grizzly
bears; home, cabin, barn and corrals. Reduced to
$5,900,000
Skalkaho Ranch — hamilton
8,670± sq. ft. log home perched above a trout-filled
creek on 1,134± acres. Irrigated meadows and
open range filled with native grass/wildflowers plus
manager's home, barn and outdoor riding arena.
Equestrian's dream! Reduced to $5,650,000
sphinx ranch — Cameron
“End of the road” 300 AU mountain ranch with
classic Montana ranch improvements along 2 miles
of Bear Creek containing 1,960± deeded acres
adjacent to USFS nestled under dramatic Sphinx
Mountain. $4,900,000
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page 7
Sales | Auctions | Finance | Appraisals | Management
Stone temple ranch — white
sulphur springs
Immediately southeast of White Sulphur Springs,
a solid block of 9,676± deeded acres adjacent to
USFS with 2,000± acres of meadows. Attractive
improvements, trout fishing, big game & upland
birds. $12,000,000
the river farm — hamilton
This 69± acre property fronts directly on a worldclass fishery, the Bitterroot River, for 1/3 mile with
a 7,800± square foot custom home, barn and a
century old remodeled farmhouse. $2,495,000
thoft Ranch — stevensville
These 2,411± deeded acres located in the Sapphire
Range overlook the Bitterroots and are 95% timbered.
South Burnt Fork Creek flows through. USFS
Boundaries and a State Lease section. $5,500,000
timber ridge ranch — Bozeman
Ten miles from Bozeman in Bridger Canyon, this
145± acre unimproved alpine ranch is available
for someone to build a home in a spectacular
setting. The national forest is directly contiguous
for recreation. $950,000
Tongue River Ranch — Miles City
This 14,840± acre ranch (11,187± deeded) lies 12
miles south of town along five miles of the Tongue
River. Nice improvements, productive irrigation
plus diverse habitat for deer, antelope, upland birds
and waterfowl. $6,300,000
valley of the moon — Missoula
This end of the road privately owned valley
surrounded by public lands includes 1,396±
acres with extensive frontage on two fisheries.
Improvements designed by Emilio Ambasz. Total
seclusion 40 minutes to airport. $12,500,000
Welcome creek Ranch — missoula
Welcome Creek Ranch includes almost 130 acres
with approximately 3,000 feet of Rock Creek
frontage and a timber frame home with guest house.
Missoula is only 35 minutes away. $2,450,000
willow creek Ranch — Livingston
Spanning 19,419± acres 2 miles from Livingston,
adjacent to USFS, this recreational/operating ranch
blends jagged-peak views with complete seclusion.
Exquisitely remodeled farmhouse anchors outstanding
private big game/upland bird hunting. $22,500,000
Yellowstone Bend Estate — big Timber
160± acres high above a bend on the Yellowstone
River east of Big Timber sits a tastefully designed
log home, guest house and garage with apartment
featuring huge mountain views. $1,500,000
page 8
oklahoma
Star Lake Ranch — Tulsa
virginia
York River Preserve — Williamsburg
This well-known purebred cattle ranch is only 16
miles north of Tulsa. 3,290± acres of bluestem
grass covered rolling hills provide scenic vistas in
all directions. Excellent working facilities including
the show/sale barn compliment the 16 main
pastures. $14,750,000
This unique 2,685± acre property 15 minutes from
downtown Williamsburg consists of cropland,
hardwood and pine forests, varied hunting
opportunities, salt and fresh water marshes, and
extensive frontage on the York River and two tidal
creeks. Reduced to $10,700,000
oregon
wyoming
Davis Land & Livestock — Ironside
This reputation ranch spreads across 32,700±
contiguous, deeded acres and is highly regarded for
its extensive grazing resources and big game and
upland bird hunting. Excellent access and located
1.5 hours from Boise, Idaho. $14,250,000
pine mountain cattle company —
bly
This year-round operating and recreation ranch
features 7,810± deeded acres, USFS boundary
and permits, superior water rights, and 10± miles
of trout streams an hour from Klamath Falls.
$7,900,000
bow fiddle Ranch — centennial
Located on the Little Laramie River, near Centennial
and adjacent to Medicine Bow National Forest.
This 3,600± acre property is a picturesque and
productive property. Outstanding fishing, functional
improvements. Reduced to $6,425,000
double rainbow ranch — Shell
This hanging (hidden) valley ranch north of
Shell, is spectacular and private. Lush green
meadows, huge views, a large lake and beautiful
improvements surrounded by public lands are
just some of many attributes of this ideal retreat.
Reduced to $3,500,000
heart lazy j ranch — Sheridan
tennessee
chimney rock farm — Jamestown
The 1,000± acre Chimney Rock Farm on the
Tennessee/Kentucky border includes an 8,354±
square foot home, guest house and historic log
cabin. A creek meanders through bottomlands
framed by hardwood forest. $3,900,000
texas
Lucky Star Ranch — Bridgeport
Unique 2,476± contiguous acres located one hour
from downtown Fort Worth. Working ranch with
multifaceted recreational appeal. Tremendous
wildlife. Spectacular residence in a private setting
with frontage to Lake Bridgeport. $10,900,000
Hall and Hall Newsletter | Fall 2014
Market Overview | Fall 2014
Very private 327± acre equestrian retreat only
eight miles from Sheridan includes lake, .5 miles of
creek, beautiful house and guesthouse, 60’ X 120’
heated indoor arena, barns, shop. Lies in private
valley with amazing views. $5,000,000
Lower Diamond Bar Ranch — cody
Located a short drive from Cody, Wyoming, the
768± acre ranch has approximately 520 irrigated
acres. In addition there are two nice homes,
beautiful barn, trout pond and dramatic views of
the Absaroka Mountains. Reduced to $5,350,000
thunderhead ranch — Wheatland
27 miles west of Wheatland consisting of 4,425±
total acres which includes 947± acres of Wyoming
State Lease. Adjoining the Medicine Bow National
Forest, this ranch offers a blend of ranching and
wildlife recreation. Wonderful improvements.
$4,250,000
wyoming horse ranch — Greybull
The Wyoming Horse Ranch is a 276± acre ranch near
Shell, Wyoming. Fantastic horse improvements,
two houses and 160± irrigated acres all adjoining
thousands of acres of public lands make this the
horseman’s dream. Reduced to $1,150,000
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O ur N ews
WE ARE DELIGHTED TO WELCOME B ELFLAND AND RYAN FLAIR
TO THE HALL AND HALL TEAM!
career opportunities
B Elfland | Bozeman, Montana
B grew up in Chapel Hill, North Carolina. In 1988, he graduated from the
University of North Carolina with a
degree in Business Administration. He
then moved to Colorado and began a
nine-year career in the ranch and resort
industries where he managed a ski lodge
in Winter Park and served as managing
partner for a historic Colorado guest
ranch.
His admiration for the wide open spaces and the abundance
of recreational opportunities in Montana inspired his move
in 1997. After farming and ranching in central Montana, B
settled in the Bozeman area and guided fly fishermen on southwest Montana’s renowned waters for seven years. He was licensed in real estate sales in 1999, earned his broker’s license
in 2002, and is currently a licensed broker in Montana and
Wyoming. His lifelong recreational interests and professional
background in ranching and the resort industries naturally led
to a real estate focus in ranch and recreational properties.
B treasures the time spent with his family on their small ranch
and home along the Madison River, where they raise hay and
offer horse boarding and training. B is also an avid outdoorsman, with a life-long passion for traditional archery. Often with
his wife Brandie and daughter Casey, he enjoys horse pack
trips, high country hikes and hunting and fishing adventures
throughout Montana.
Wanted experienced farm and ranch broker in Texas and
Wyoming. Contact Joel Leadbetter at 406.587.3090 or
joel@hallandhall.com.
upcoming events
Sept 10 - Sept 12 Superior Livestock Auction
Thorton, Colorado
"World's Leader in Satellite Load-lot
Feeder and Seedstock Cattle
Auctions, and Rural America
Television Production".
Sept 20
Colorado Cattle Baron's Ball
"American Cancer Society"
Greeley, Colorado
*Hall and Hall's Scott Shuman,
Auctioneer
Nov 9 - Nov 12
ABA National Agricultural Bankers
Conference and Tradeshow
"Big Times Demands Big Data"
Omaha, Nebraska
*Hall and Hall's booth number tbd.
Ryan Flair | Bozeman, Montana
Ryan is one of the Rocky Mountain
West’s biggest advocates. Raised in
Montana, Ryan has enjoyed a lifetime
of outdoor experiences including hiking,
skiing, hunting, fishing, and photography. Ryan has a passion for nature
and its many attributes which gives him
tremendous appreciation for, and the
desire to help preserve, the extensive
network of land and water that are so
important and beneficial to the West and those who live here.
This dedication to the western outdoors and lifestyle lead to
him to a degree in Film and Television from Montana State
University whereupon graduation he co-partnered Black Dog
Films and specialized in wildlife filmmaking.
Originally licensed in 2000, Ryan is currently licensed in Montana, Wyoming, and Idaho. He has an extensive background
in high-end ranch real estate handling complex deal structures
and developing solutions with successful outcomes for both
buyers and sellers. A love for the outdoors and all of the recreational attributes associated with living in the Rocky Mountain
West, provides him the background and incentive to strive to
be one of the best brokers working in the ranch real estate
market. Ryan retains his ardor for fly-fishing, bow-hunting,
bird hunting and various other outdoor activities. He currently
resides in Bozeman, Montana with his wife and two sons.
Dec 11 - Dec 13
MSGA & MCW Annual Convention
& Trade Show
Holiday Inn Grand Montana
Billings, Montana
*Hall and Hall's booth number tbd.
Feb 4 - 7, 2015
Cattle Industry Convention
& NCBA Trade Show
Henry B. Gonzalez Convention Center
San Antonio, Texas
*Hall and Hall's booth number tbd.
use your smart
phone's "QR code
reader" to visit our
website! see all
of our listings and
more photos!
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page 9
Auction News
u
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PN Ranch | Winifred, MT — One of Montana’s oldest ranches runs on 40,014± acres (17,012± deeded) including 14 miles of the Missouri and nine miles of the Judith River
Northern Wisconsin Waterfront Retreat!
o
market trends
m
i
A
s we move into the fall season we are compelled to report that the status quo is alive and well in the world of rural
real estate in that not much has changed since our spring report. We did recently receive the official numbers from
the USDA which indicate that the value of all lands and buildings on farms in the U.S. is up 8.1% over 2013. Pasture
land values were up 11.1%. Keep in mind that these are very broad averages that cover a large area of the country.
We find that our team of brokers, appraisers and mortgage bankers tend to have better intelligence about what is really
going on in our various unique markets. What follows is our take on the rural land markets.
n
g
Auction
RANCHES - Since our last report there has continued to be strong demand for working ranches. Also, continued strong cattle prices
have resulted in more generational family ranches willing to enter into the marketplace to expand their operations. This is very
gratifying and we feel is positive for our ranching communities. Overall, however, while inventory continues to be limited, and
although prices have strengthened considerably, buyers have generally resisted very high asking prices.
Eaglewatch
•
•
•
•
•
•
200 ± Acres offered in 23 Lots and Combinations
Access to 1,883+ Acres of Water
10,000+ Feet of Lake Frontage
Dockable Lake Front Lots and Sandy Frontage
Frontage on Lake Content and Big Saint Germain Lake
St. Germain, Wisconsin (Vilas County)
Loans
|
Appraisals
I
nterest rates for rural real estate
loans remain exceptionally attractive.
However, with predictions for rising
rates, now is the time to consider
capitalizing on this opportunity with
loans
available
for
acquisitions,
refinance, property improvement, or
cash-out purposes. Another interesting
loan product is our revolving line of
credit secured by real estate. Current
interest rates range from as low as
2.25% for short term rates to 4.00% for
10 year fixed rate loans. Call for quotes
on longer term loans. We have a 68 year
history of common sense underwriting
and we are always available to discuss
financing options.
Hall and Hall is also one of the largest
farm and ranch management companies
in the United States. Our management
department provides a wide range of
page 10
|
FARMS - As reported in our last newsletter, farm sales have slowed and prices have come down due to lower corn and grain prices.
We are beginning to see these lower prices affect rents which in turn affects the price of farmland.
Auction Date:
Thursday, September 18th, 1:00 PM
St. Germain Community Center
545 State Highway 155, St. Germain, WI
However, the pure retreat markets, which by definition are further
away from these resorts, continue to languish with good inventories
of available properties and light demand. Properties priced above
$4 million with extensive improvements continue to experience
resistance from potential buyers. So far the big drivers in these
high-end residential markets – foreign buying interest from Russian
and East Asia – have not been seen in our retreat markets. We have
seen numerous price reductions on listings in this market niche and
many very good buys have been made. We continue to recommend
this as a buying opportunity to investors who have families that can
take advantage of owning a beautiful property in the American West
and all the amenities that come with it.
Management
services for private and institutional
owners. This group is also available
for consulting on special projects or for
analysis of a farm or ranch purchase.
With deep roots in rural real estate, Hall
and Hall has a long history in real estate
valuation and consulting. Our accredited
appraisers specialize in rural appraisals
from traditional assignments to those
that entail a high level of creativity and
expertise. Our far-reaching knowledge
of land values enables us to deliver
accurate and definitive information early
on in the process. We look forward to
serving any of your real estate valuation
needs.
RETREATS - This is a market we had hoped would show some promise through the spring and summer season. The high-end resort
markets such as Jackson and Aspen and now the Yellowstone Club seem to have recovered to a large degree. We reported in
our last newsletter the incredible prices that are being paid for high-end homes and apartments in places like New York, The
Hamptons, Greenwich and select addresses in Florida and California.
Offices
Billings, Montana
406.656.7500
Bozeman, Montana
406.587.3090
Denver, Colorado
303.861.8282
Lubbock, Texas
806.698.6882
North Platte, Nebraska 308.534.9000
Call any of our offices for more
information on loans, appraisals or
management services.
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hall.com
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mail: info@h
info @halland
allandhhall.c
all.com
om
As I write this in late August, we as a company continue to be
excited about what continues to be a very good year across the
board. Seasoned brokers Ryan Flair and B Elfland are dynamic
new partners in our Real Estate Partnership and we are honored
that they have decided to join our team after already establishing
themselves as highly respected brokers in our marketplace. We
have strong prospects to expand our presence in the Northwest,
Wyoming, Texas and the Midwest with new affiliations and partners.
Our management and appraisal group is in high demand as the
compelling story of the future of the red meat business reaches
more ears amongst major investors. Our recent presence at an Opal
Forum on Family Offices and Wealth Management in Newport, RI,
brought home how privileged Hall and Hall is to be a respected
player in a market niche that is gaining global recognition.
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page 11
fall 2014
Mosca Pass Ranch — Gardner, Colorado
BILLINGS
James Taylor *
Randy Shelton
BOZEMAN
Joel Leadbetter (Managing Director)
David Johnson
Tim Murphy
B Elfland
Ryan Flair
Management Group
BILLINGS
Douglas Hall *
Jerome Chvilicek *
Scott Griswold
Dave Roddy *
Wes Oja *
Dan Bergstom
BOZEMAN
Mike McDonnell
DENVER
Tom Metzger
Jeff Buerger
Cody Lujan
DENVER
Mike Hall (Managing Director)
JC Chirila
HUTCHINSON
John Wildin
LUBBOCK
Monte Lyons *
MISSOULA
Bill McDavid *
Keith Lenard
NORTH PLATTE
Randy Clavel
SUN VALLEY
Stoney Burke
Trent Jones *
STEAMBOAT SPRINGS
Brian Smith *
Southeastern U.S.
Exclusive affiliate
Wings Group, LLC | Elliott Davenport
Auction Group
EATON
Scott Shuman
Rob Hart
Tyson Thompson
* Director
Office Locations
Billings, MONTANA
2290 Grant Road
Billings, MT 59102
tel: 406.656.7500
Denver, COLORADO
1559 Logan Street
Denver, CO 80203
tel: 303.861.8282
Bozeman, MONTANA
924 Stoneridge Dr., Ste. 2
Bozeman, MT 59718
tel: 406.587.3090
Steamboat Springs, COLORADO
3001 S Lincoln Ave., Ste. E
Steamboat Springs, CO 80487
tel: 970.879.5544
Missoula, MONTANA
319 W Pine Street
Missoula, MT 59802
tel: 406.542.3762
Eaton, COLORADO
100 S Cherry Ave., Ste. 6D
Eaton, CO 80615
tel: 970.716.2120
Sun Valley, IDAHO
560 2nd Ave. N
Ketchum, ID 83340
tel: 208.622.4133
Lubbock, TEXAS
7103 87th St.
Lubbock, TX 79424
tel: 806.698.6882
Hutchinson, KANSAS
1 N Main St., Ste. 517
Hutchinson, KS 67501
tel: 620.662.0411
Mail only:
North Platte, NEBRASKA
410 E Leota, Ste. 5 #110
North Platte, NE 69101
tel: 308.534.9000
Southeastern u.s.
SOUTHEAST AFFILIATE - WINGS GROUP
1829 Auburndale Ave.
Chattanooga, TN 37405
tel: 423.364.2092
P.O. BOX 81490
BILLINGS, MT 59108-1490
WWW.HALLANDHALL.COM
Real Estate Group