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I was looking through the Alabama property records one time because I was wondering who owns all these huge tracks of land with nothing on them. They all traced
by pictureofabear 3y ago
I was looking through the Alabama property records one time because I was wondering who owns all these huge tracks of land with nothing on them. They all traced back through a series of shell companies to Wall Street investment banks.
- jakeinspace 3y agojust for future reference, the word is tract
- pictureofabear 3y agoI thought tracts of land were something else. https://static.seekingalpha.com/uploads/2016/5/8393471_14636056590836_rId34.png https://static.seekingalpha.com/uploads/2016/5/8393471_14636...
- jpk 3y agoDo you have an example? Some seemingly empty stretches you see along I75 through Georgia, for example, are farmed for trees that're periodically harvested to make paper products. I wouldn't be surprised if some of these parcels traced back to private equity or something, despite actually being used to make toilet paper or whatever.
- pictureofabear 3y agohttps://isv.kcsgis.com/al.franklin_revenue/ https://isv.kcsgis.com/al.franklin_revenue/ You can poke around on the map and find ownership by companies like GMO THRESHOLD TIMBER COURTLAND LLC, FRANKLIN TIMBER MANAGEMENT LLC, BASCOM GULF LLC, SMI LAND COMPANY LLC, etc.