Vineyard Values Down, but Most Owners Hanging In
Grape prices are low, vineyard prices are down. How does this influence lending?
by Paul Franson
WITH BOTTLE PRICES ON many wines dropping, grape prices inevitably will follow—and eventually property values should follow. That could affect vineyard owners—if they need to sell, if they have loan covenants related to value or if they need to refinance.
Still, most bankers don’t seem to think there will be widespread sales. “In general, our grower clients are doing okay,” says Charles Day, regional manager, North Coast Wine Country Region, Rabobank. “Most s...
» Article access restricted to registered members of winebusiness.com/winejobs.com
Already a Member?
Click the button below to sign in:
Don't Have an Account?
WBM is the leading publication for the Wine Industry.
• In-depth Product Reviews
• Industry Trends & Analysis
• Access to over 10 Years of Articles
Registration is FREE and EASY.
Copyright© 1994-2013 by Wine Communications Group. All Rights Reserved.
Copyright protection extends to all written material, graphics, backgrounds and layouts. None of this material may be
reproduced for any reason without written permission of the Publisher. Wine Business Insider, Wine Business Monthly, Grower & Cellar
News and Wine Market News are all trademarks of Wine Communications Group and will be protected to the fullest extent of the law.