Nuveen Farmland REIT, a Maryland statutory trust, filed a Current Report on Form 8-K with the Securities and Exchange Commission on September 1, 2026, announcing the commencement of its operations and the execution of several key agreements.
The company completed the initial closing of its continuous private offering on September 1, 2026. During this initial closing, Nuveen Farmland REIT sold an aggregate of 1,732,960.387 common shares for approximately $34.7 million at a price of $20.00 per share. The offering was conducted pursuant to Section 4(a)(2) and Regulation D of the Securities Act of 1933, making the sale exempt from registration requirements.
The share sales were broken down into the following categories:
- Type A-I common shares: 1,401,150 shares for $28,023,000
- Type A-II common shares: 299,250 shares for $5,985,000
- Type I common shares: 20,000 shares for $400,000
- Type S-I common shares: 12,077.295 shares for $250,000
- Type S-II common shares: 483.092 shares for $10,000
In connection with the start of operations, the company entered into an Advisory Agreement with Nuveen Farmland Advisors LLC, appointing the Advisor as the manager responsible for sourcing, evaluating, and monitoring investment opportunities. Additionally, the Operating Partnership entered into an Amended and Restated Limited Partnership Agreement, and the company executed a Second Amended and Restated Intermediary Manager Agreement with Nuveen Securities, LLC.
The company also announced the appointment of its executive officers and the expansion of its Board of Trustees. The executive officers appointed include R. Martin Davies as Chief Executive Officer and President, Janelle Porsov as Chief Financial Officer and Head of Finance, and Jennifer Mangano as Chief Accounting Officer and Treasurer.
The Board of Trustees was expanded to three members, with R. Martin Davies serving as Chairman. Roderick Robertson and Donna Brandin were elected to fill the vacancies created by the increase. Both Mr. Robertson and Ms. Brandin were determined to be independent trustees and will serve on the Audit Committee, with Ms. Brandin serving as Chairperson. The company also entered into indemnification agreements with each of the trustees and executive officers.
