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JANUARY 26, 2016 2:30PM - 4:30PM. Update on Capital Markets, Values, and Investing. Tony Correia , The Correia Company, California. California Vineyards and Land Where have we been? And What’s happening today? And Who’s buying? And Where do we go from here?. Tony Correia
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JANUARY 26, 2016 2:30PM - 4:30PM Update on Capital Markets, Values, and Investing Tony Correia, The Correia Company, California
California Vineyards and Land • Where have we been? • And What’s happening today? • And Who’s buying? • And Where do we go from here? Tony Correia The Correia Company tony@correiaco.com 707.933.9915
The Great Grape Shortage of 2012 • Grape Sourcing Wineries returned to the market, aggressively firming up sourcing, buying vineyards and land to plant new vineyards
Wine Speculator’s Top 10 Wines - 2015 • #1 – Peter Michael Au Paradis 2012 • #2 – Quilceda Creek Cabernet Columbia Valley 2012 • #3 – Evening Land Pinot Noir Seven Springs Vineyard 2012 • #4 - Brunello di Montalcino DOCG Il Poggione 2010 • #5 – Mt. Eden Vineyards Chardonnay Santa Cruz Mts 2012 • #6 – Spain Ribera Del Duero • #7 - NZ Pinot Noir • #8 – Italy Amarone • #9 – St Emilion • # 10 - So Africa Sweet
Vineyard Buyers? 1. STRATEGICS 2. LIFESTYLE ESTATES 3. FINANCIALS
District 2, Lake County Source: CALASFMRA Trends, Crush Report
Competition for Land 1. Almonds 2. Walnuts 3. Pistachios BUYERS? - INSTITUTIONAL INVESTORS - OTHER FARMERS
Open Crop Land WATER Source: CALASFMRA Trends
Thank you! And Drink More California Wine!!!