Brooks Mendell
President, Forisk Consulting
Member of the Real Estate Council
Council Member Biography
Brooks Mendell is President of Forisk Consulting, a forest industry, bioenergy and timber market research, and education firm. Dr. Mendell has over 15 years of operating, research, and consulting experience in forest business and finance. His experience includes roles in harvest operations and wood procurement with Weyerhaeuser, in management consulting with Accenture, and as a member of the forestry and finance faculties at the University of Georgia. Dr. Mendell publishes and advises on topics related to timber market analysis, forest business, forest bioenergy, and timber REITs. He holds BS and MS degrees from MIT, an MBA from the University of California at Berkeley, and a PhD in Forest Finance from the University of Georgia. (This is me - Update Profile)
Employment History
- 2004 - present
- President, Forisk Consulting
- 2004 - 2006
- Visiting Professor, UNIVERSITY OF GEORGIA
- 2000 - 2002
- Manager, Accenture
- 1994 - 1998
- Harvest Manager, Weyerhaeuser
GLG NewsSM Analyses by Brooks Mendell(?)
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
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Timber REITs: why else might Weyerhaeuser (WY) resist a REIT conversion?
April 20, 2009
Brooks Mendell, President, Forisk Consulting
Ending Weyerhaeuser Shareholders Know Is CEO’s Focus | www.bloomberg.com
Legitimate reasons exist for Weyerhaeuser's resistance to converting to a REIT. In addition to restrictive income and asset tests, timber REITs - such as PCL and RYN - develop their capital allocation strategies with fewer options, through the business cycle, than does WY. The requirement...
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Timberland markets: What are International Paper's (IP) timberlands worth?
March 4, 2009
Brooks Mendell, President, Forisk Consulting
International Paper Cuts Dividend, Sells Timberland | www.bloomberg.com
In announcing its 90 percent dividend cut, International Paper (IP) also cited the implementation of a common forest industry strategy in times of financial distress: the selling of timberlands. While IP has a potential deal in place to sell 143,000 acres, the terms are (1) contingent...
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Timber investments and REITs: what are investors asking?
January 30, 2009
Brooks Mendell, President, Forisk Consulting
For Some, Sound of Profit Is "Timber!" | online.wsj.com
The article summarizes the historical attractiveness of owning timberlands as a long-term investment. However, the questions raised by investors regarding the asset in the current environment have changed. In addition, the strategy of using timber REITs as a pure-play proxy for direct timberland...
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Timber REITs: Debt Burdens Remain
January 19, 2009
Brooks Mendell, President, Forisk Consulting
Wash-based Potlatch Sells Timberland in Arkansas | news.moneycentral.msn.com
Potlatch's recent sale of timberland in Arkansas highlight two issues relevant to investors of publicly-traded that currently own timberlands (timber REITs) or formerly owned timberlands (forest industry C-corps). First, industry-wide debt levels became sharply and increasingly burdensome with...
Leading institutions connect with Brooks Mendell through GLG
GLG Study Groups with Brooks Mendell(?)
| Study Group Name | No. Members |
|---|---|
| Timber and Forest Industry Consultants | 281 |
| OSB Experts | 47 |
| Timber Experts | 144 |
GLG Live Meetings with Brooks Mendell(?)
Recent Seminars
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February 28, 2008 | New York
GLGi: Timberland REITs