Icon Global Group Releases End of 2017 Report. 3rd and 4th Quarter Sales of Ranch, Resort and Specialty Real Estate Soar with recent Sales at $60M, $45M, $21.5M and more
"The Reserve" at Sulphur Bluff hits the market at $40M, Iconic Pipe Creek Ranch at $50M. Stream of new inventory pipeline of $10M- $20M, $50M -$75M and $100M ranges all provide solid outlook for 2018
DALLAS, Nov. 16, 2017 /PRNewswire/ -- International Real Estate Sales Advisor Bernard Uechtritz' Icon Global Group reports a robust and successful end of year with major multiple high-end properties sold and under contract as well as a series of new specialty and legacy listings across Texas, Wyoming, Kentucky, Alaska and others ranging from $10M to $100M.
"A significant increase in large sales and listing activity in our Q3 and Q4 periods are great indicators of a robust return of the ranching marketplace and investor confidence in our space," stated Icon Global founder Bernard Uechtritz.
"The group's recent public results include the successful marketing and sale of a 26,000-acre ranch in Wyoming listed at $21.5 million (sold in 8 months) the 15,000-acre Rio Bonito Hunting Ranch near Kerrville, Texas listed at $45 million (sold in 9 months) and the renowned Barefoot Ranch publicly listed at nearly $60 million near Athens, Texas also under contract in less than a year. We also have really good early indicators in the pending sale by sealed bid offering of the $34 million Broseco Ranch in Omaha, Texas closing out November 30th."
"We are the proven 'go to' guys and specialty product market leader when it comes to marketing high priced, one of a kind extraordinary and unique properties," he said. "Oftentimes our challenges are significant; however, our track record is solid. We've sold as well as have under contract some of the biggest, toughest stuff out there in the marketplace. So, when we are doing well in the 'hard to sell space', it follows that the rest of the 'easier' lower end market is vibrant. Our recent smaller successes in the $5/$10/$15 million range all underscore enthusiastic active market conditions."
"Tonight, Icon Global is sponsoring a private invitation only event at Dallas Cowboys 'The Star' in Frisco, Texas where we will announce the public price as well as buyers syndicate in formation for 'The Reserve' in Sulphur Bluff, Texas."
"These numbers along with the current progress of our $250 million Sandow Lakes mixed use deal outside of Austin, Texas which remains on track are really positive signs. Recent progressive developments and this buoyant market have augmented both existing and new interest in our process at Sandow Lakes."
"The new listing inventory side is exciting, diversified and robust. Our new 'Waggoner Ranch sized' deal is a 500,000 acre cattle ranch in Alaska which runs 10,000 head of cattle, as well as the incredible Frank Stronach Adena Springs thoroughbred farm in Kentucky listed $75 million. Significantly, we about to market for the first time in history the 5,000-acre Pipe Creek Ranch near San Antonio for the Northrup family estate at $50 million. We are also rolling out Terry Bradshaw's incredible 750-acre Red River property near Dallas, an already pristine property which has recently undergone several significant capital improvements and additions which is really, really well priced at $9.9 Million."
About Icon Global Group
International real estate advisor Bernard Uechtritz and his Icon Global Group www.Icon.Global are specialists in the marketing and sale of unique ranches and one of a kind properties. They are the leading ranch and specialist property sales group of Briggs Freeman Sotheby's in Dallas as well as Sotheby's International Realty Worldwide.
About Bernard Uechtritz
In 2016 Uechtritz successfully led the record breaking worldwide marketing and sales campaign of the largest sale in US ranching history, the W.T. Waggoner Ranch. The $725 million-dollar listing was also the highest sale ever recorded in the history of Sotheby's International Realty Globally. Uechtritz is recognized as the leading and record holding sales associate of Sotheby's International Realty among more than 21,000 sales associates, in 900 offices and over 68 countries' Worldwide. He is a founding member of the top 40 Market leaders group nationally and a founding member of the Global Farm and Ranch network. With a career spanning 30 years selling exclusive, unique and often difficult real estate he is known as the "Go to Can Do" fixer of formidable deals. He lives in Dallas, Texas.
About Briggs Freeman Sotheby's International Realty
Briggs Freeman Sotheby's International Realty is a luxury brokerage headquartered in North Texas. Its award-winning agents, serving clients from offices in Dallas, Fort Worth, Southlake, Lakewood, Uptown, The North and The Ballpark, achieved a record-breaking sales volume of $3.2 billion in 2016. Independently owned and operated by president and CEO Robbie Briggs, the firm specializes in the purchase and sale of significant properties, from historic and contemporary to waterfront, ranch and land. The company's deep-rooted connections, superior marketing resources and global strategies, as part of the $95 billion Sotheby's International Realty network, bring the extraordinary to every client. Its www.briggsfreeman.com website is a cutting-edge portal for properties, neighborhoods, schools, virtual tours and more.
SOURCE Bernard Uechtritz / International Icon Properties
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article