Rhoads & Sinon, LLP recently assisted the Co-Trustees of a local trust to successfully auction a 290-acre tract of land, known as Stray Winds Farm, located in Lower Paxton and Susquehanna Townships, Dauphin County.  The property sold for more than $12 million dollars, at near-record per-acre prices.  All of the proceeds from the auction will ultimately be distributed to charitable beneficiaries, consistent with the terms of the trust.

Two of the firm’s practice groups – the Trusts and Estates Practice Group and  the Real Estate Practice Group – collaborated to ensure the success of the auction.  The members of the Trusts and Estates Practice Group protected the Co-Trustees of the Trust by ensuring that the auction was held and administered in a manner consistent with the requirements of the Trust and with Pennsylvania trust law.  The members of the firm’s Real Estate Group utilized their extensive experience in large-scale real estate transactions to set the terms of the sales agreement, undertake negotiations with early bidders, and maximize the return to the Trust.

The highly successful auction of Stray Winds Farm highlights Rhoads & Sinon’s ability to collaborate effectively among practice groups to the benefit of our clients.  This ability to apply expertise in a wide range of legal sub-disciplines shows why Rhoads & Sinon is one of the top law firms in Harrisburg.