Farmland Partners Inc. Announces Retirement of Erica Borenstein as General Counsel and Secretary , Effective from December 31, 2021
November 09, 2021 at 09:05 pm
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On November 4, 2021, Erica Borenstein, the General Counsel and Secretary of Farmland Partners Inc. informed the company that she intends to retire from her position effective as of December 31, 2021. Ms. Borenstein's decision to retire is due to her desire to pursue other interests and is not the result of any disagreement with the company on any matter relating to the Company's operations, policies or practices.
Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire North American farmland and makes loans to farmers secured by farm real estate. The Company owns and/or manages approximately 171,100 acres in 16 states, including Arkansas, California, Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, Oklahoma, South Carolina and Texas. In addition, the Company owns land and buildings for four agriculture equipment dealerships in Ohio leased to Ag Pro under the John Deere brand. Its portfolio is used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and produce specialty crops, such as almonds, citrus, blueberries and vegetables. In addition, under the FPI Loan Program, it provides loans to third-party farmers (both tenant and non-tenant) to provide financing for property acquisitions, working capital requirements and others. It has over 26 crop types and over 100 tenants.