Owner Ken Freeman's "Firewater" Ranch was primarily a quarter horse and
Texas Longhorn operation located outside of Ft. Worth. A country retreat with several
homes and a large lake, the family had been trying to sell the property over a prolonged
period.
Open Lands structured a joint venture with Mr. Freeman, whereby the property was
preserved in several large tracts for new owners. This agreement benefited all parties
guaranteeing Mr. Freeman a minimum return and additional compensation for assisting
with the property's sale and transfer. Again, the sale was structured as "turnkey"
including all equipment, horses and furniture located at the ranch.