Farmland Partners Inc. FPI

Company Overview

Farmland Partners Inc. (FPI) is a publicly traded real estate investment trust (REIT) that owns and manages high-quality agricultural land across the United States. The company operates within the agricultural real estate and farmland leasing industries, focusing on the acquisition, ownership, and leasing of farmland to independent third-party farmers. Its core business model is designed to generate stable, long-term rental income while preserving and enhancing the value of its land assets.

The company’s primary revenue driver is lease income from row crop, permanent crop, and specialty crop farmland. Farmland Partners primarily serves commercial farmers and agricultural operators rather than consumer markets. Its strategic positioning is based on the scarcity and long-term appreciation potential of U.S. farmland, inflation-hedged lease structures, and diversification across crops and regions. Founded in 2014 by Paul Pittman, Farmland Partners completed its initial public offering the same year, positioning itself as one of the first publicly listed farmland-focused REITs in the United States.