Central Oregon

| Print |  Email
Saturday, July 01, 2006
{safe_alt_text}

CENTRAL OREGON — Secured creditors Cascade Timberlands has sold a 70% interest in bankrupt Crown Pacific to Fidelity National Financial, transferring control of nearly 293,000 acres of timberland. Financial terms of the deal were not disclosed. The Deschutes Basin Land Trust, a private nonprofit group, hopes to acquire from Fidelity National at least a 33,000-acre viewshed parcel in the Cascade foothills just northwest of Bend known as the Skyline Forest. Brad Chalfant, the trust’s executive director, would utilize the country’s first Community Forest Authority, a quasi-municipal corporation able to lend money to private non-profits in exchange for timber harvest revenues, to help finance the timberland purchase. Fidelity National will first evaluate all 26 parcels within the timberland for their potential for timber harvesting, development and conservation. “Depending on the size of this transaction, it could be the largest community forest in the United States,” says Chalfant.

 

More Articles

Make the Case: 10 stylish options for businesspeople

May 2015
Monday, April 27, 2015

10 briefcases that mean business.


Read more...

Beyond Bodegas

April 2015
Friday, March 27, 2015
BY JACOB PALMER

Five years in the making, the Portland Mercado — the city’s first Latino public market — will celebrate its grand opening April 11. A $3.5 million public-private partnership spearheaded by Hacienda CDC, the market will house 15 to 20 businesses in the food, retail and service sectors. It has some big-name funders, including the Paul G. Allen Family Foundation and JPMorgan Chase. The project goals are equally ambitious: to improve cross-cultural understanding, alleviate poverty and spur community economic development. 


Read more...

Oregon Business expands events portfolio

The Latest
Friday, March 27, 2015
htctfacebookBY OB STAFF

New events series brings magazine to life.


Read more...

Energy Stream

May 2015
Monday, April 27, 2015
BY LINDA BAKER

Oregon already ranks as the nation’s second largest generator of hydroelectric power. (Washington is No. 1). Now an elegant new installation in Portland is putting an unconventional, sharing economy twist on this age-old water-energy pairing. The new system, launched this winter, uses the flow of water inside city water pipes to spin four turbines that produce electricity for Portland General Electric customers. 


Read more...

Fighting Fire With Fire

May 2015
Friday, April 24, 2015
BY BEN DEJARNETTE | INVESTIGATEWEST

Timber companies and environmental groups take a stab at collaboration to boost logging and restoration in Oregon fires.


Read more...

Beam Me Up

April 2015
Thursday, March 19, 2015
BY DAN COOK | Photos by Jason E. Kaplan

An alliance of developers, academics and timber industry executives wants to position Oregon as a front runner in the glamorous new world of wooden skyscrapers.


Read more...

6 highlights from the Craft Brewers Conference

The Latest
Friday, April 17, 2015
thumbPHOTOS BY  JASON E. KAPLAN

The 32nd annual CBC attracted a record number of attendees (11,000)  to the Oregon Convention Center.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS