Forest Acquisitions That Disappoint: Closing the Due Diligence Blind Spots Before the Deal Closes
Timberland acquisitions have attracted sustained institutional interest, yet post-close performance frequently falls short of underwriting projections — not because of market miscalculation, but because of due diligence gaps that experienced buyers repeatedly underestimate. Soil composition variability, unresolved wildlife habitat obligations, and dormant water rights claims represent categories of latent liability that standard forestry appraisals rarely surface with adequate depth. Enterprise