Share:
Nebeker Ranch Hero Small Nebeker Ranch Hero Large

Stories

Nebeker Ranch Carry Over Water Rights

The seller owns property within the Antelope Valley Groundwater Basin and desired to monetize excess water rights.

01 The Opportunity

The seller owns property within the Antelope Valley Groundwater Basin and desired to monetize excess water rights. The recently approved adjudication of the groundwater basin established a Water Master Board to implement the terms of the water rights provisions of the adjudication, including transfers between pumpers. However, to date, no transfers of unused, “carry over” water rights had been completed.

02 The Results

The team identified a pumper who operates a nursery business and had recently learned that they were not allocated any water rights through the adjudication process. Because of this, they had to cease pumping groundwater from their wells until they could acquire water rights and legally restart pumping. The team was able to successfully negotiate the first transfer between private parties approved by the Water Master Board which will provide an approximate three-year supply of water to the buyer.

Meet Our People

Related Stories

Brentwood
Vital Farmland Holdings LLC • Agriculture
Learn More
El Camino
Brad Murray • Office
Learn More
Marlin
Marlin Propety Holdings, LLC to Marlin Plaza, Inc. • Retail
Learn More

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.