Fay Ranches Closes Deal on Complex Wyoming River Bend Ranch Sale
Denver, CO – Fay Ranches recently closed an intricate ranch sale totaling nearly 7,000 acres at the River Bend Ranch, formerly owned by The University of Wyoming. Reb and Molly Clark purchased the ranch, and proceeds from the sale will go directly to the University of Wyoming’s School of Agriculture for research in animal health. The Ranch was listed at $8.5 million.
Wyoming land expert and Fay Ranches’ broker Mike Jorgenson led the way on this complicated sale for the University. Mike is a Wyoming native who brokered one of Wyoming’s largest land sales ever on the 77,630-acre Medicine Bow River Ranch last year, but the Riverbend Ranch challenged the entire team’s strengths due to existing conservation easements with Wyoming Game and Fish. Fortunately, Mike understood the various hurdles involved and worked as a team with co-listing agent Greg Fay and the buyers and their broker, James Rinehart of Western United Realty, LLC, through the processes and hurdles.
“I am proud of the team who worked tirelessly to secure this sale – it was complicated due to a variety of conservation easements and other factors, but worth it because the proceeds go to such a good cause at the University of Wyoming,” said Mike Jorgenson, the listing broker with Fay Ranches.
“This is a unique asset for the state of Wyoming and Mike led the way from start to finish,” said Greg Fay, President of Fay Ranches. “This is absolutely one of the finest properties we’ve ever listed, and I know it will continue to be an asset to the state and the University of Wyoming.”
The Ranch is located just west of Laramie and consists of 6,700 deeded acres, much of it under a conservation easement. It includes World-Class trout fishing stretching over 6 miles on both sides of the Laramie River, superb waterfowl hunting in the fall, and great hunting for whitetail, mule deer, moose, antelope, and the occasional Rocky Mountain elk. It truly is a sportsman’s and conservation paradise.
About Fay Ranches
Fay Ranches provides the highest quality farm, ranch, and sporting real estate brokerage services in the country and represents the finest ranches for sale in the American West. Its commitment to investment value, sporting pursuits, family, and conservation has guided over 20 years of growth and success and served as the basis for the relationships it builds and the quality of the business it executes. Fay Ranches is headquartered out of Bozeman, Montana, with additional offices in Colorado, Idaho, Oregon, and Wyoming.
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