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

5 questions for Flywheel CEO Rakesh Mathur

The Latest
Wednesday, April 29, 2015
FW splashBY JACOB PALMER | DIGITAL NEWS EDITOR

Portland is awash in rideshare options. We ask the head of Flywheel what sets his app apart.


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...

Courtside

April 2015
Thursday, March 26, 2015
BY JACOB PALMER

Power lunching at the Court Street Dairy Lunch in Salem.


Read more...

Correction: Biker dreams

The Latest
Friday, May 15, 2015
bike at ater wynn-thumbBY KIM MOORE | RESEARCH EDITOR

The Portland Bureau of Transportation is seeking input from businesses on a $5.5 million initiative to create a network of biking, transit and pedestrian trails within Portland’s central city.


Read more...

5 questions for inDinero CEO Jessica Mah

The Latest
Tuesday, March 31, 2015
jessicathumbBY JACOB PALMER | DIGITAL NEWS EDITOR

inDinero, a business that manages back-office accounting for startups and smaller companies, recently announced it would relocate its headquarters from San Francisco to Portland. We talked to CEO Jessica Mah about what drew her to Portland and how she plans to disrupt the traditional CPA model.


Read more...

Letting Go

April 2015
Friday, March 27, 2015
BY AMY MILSHTEIN

As baby boomers sell their businesses, too many forget the all-important succession plan.


Read more...

5 questions about the FLIR FX

The Latest
Wednesday, April 08, 2015
FLIR-FX-IndoorBY JACOB PALMER | DIGITAL NEWS EDITOR

The Wilsonville-based company is targeting GoPro enthusiasts with its latest release. Is spy gear poised to go mainstream?


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