THE VERIFIED BREAKDOWN

  • Institutions have been buying timberland at a rate of one million acres per year, according to Bank of America, and the pace is described as a three-year streak of dealmaking.
  • Timberland investing is described as not very profitable in the short term and not easy to enter or exit; Pat Dorn says timber is a very low return investment.
  • The National Council of Real Estate Investment Fiduciaries' Timberland Property Index posted a total return of 0.95% in the second quarter of 2026.