August Investors, LLC (“August”) completed, through its subsidiary, the purchase of ~1560 deeded acres of land in Stanley, New Mexico. The property was sold by a longtime owner and August was able to secure the purchase at an attractive basis by offering a quick close with minimal contingencies. The transaction was completed on June 9, 2022.

August subsequently entered into a pasture lease agreement with a neighboring landowner. The land is located approximately 45 minutes from Albuquerque and Santa Fe and in close proximity to interstate 40 as well as the Walmart Supercenter in Edgewood.

August is looking to add to its land holdings in New Mexico and is currently targeting large tracts of land that are located within 1 hour of Santa Fe and/or Albuquerque.