SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported) February 3, 2014
Pope Resources, A Delaware Limited Partnership
(Exact name of registrant as specified in its charter)
| Delaware | 91-1313292 |
| (State or other jurisdiction of | (I.R.S. Employer |
| incorporation or organization) | Identification No.) |
19950 Seventh Avenue NE, Poulsbo, Washington 98370
(Address of principal executive offices) (ZIP Code)
Registrant's telephone number, including area code (360) 697-6626
NOT APPLICABLE
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (SEE General Instruction A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
INFORMATION TO BE INCLUDED IN THE REPORT
| Item 8.01 | OTHER EVENTS |
On February 3, 2014 the Partnership issued a press release announcing a $3.6 million sale of 40 single-family lots in its Harbor Hill development in Gig Harbor, Washington to Quadrant Homes. A copy of that press release is attached hereto as Exhibit 99.1.
| Item 9.01. | FINANCIAL STATEMENTS AND EXHIBITS |
| Exhibit No. | Description |
| 99.1 | Press release of the registrant dated February 3, 2014. |
SIGNATURES
Pursuant to the requirements of Section 13 of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| POPE RESOURCES, A DELAWARE LIMITED PARTNERSHIP | |
| DATE: February 3, 2014 | BY: /s/ Thomas M. Ringo |
| Thomas M. Ringo | |
| Vice President and Chief Financial Officer, Pope Resources, A Delaware Limited Partnership, and Pope MGP, Inc., General Partner |
Pope Resources Announces $3.6 Million Sale To Quadrant Homes
POULSBO, Wash., Feb. 3, 2014 /PRNewswire/ -- Pope Resources (Nasdaq:POPE) announced a $3.6 million sale to Quadrant Homes of 40 single-family lots located at the southern end of the Partnership's Harbor Hill project in Gig Harbor, Washington. Harbor Hill is a mixed-use planned community consisting of residential, business park, and commercial properties.
"We are excited to be closing on the initial sale of single-family lots from our Gig Harbor project," said David L. Nunes, President and CEO. "This sale is a significant first step toward a total of 107 single-family lots from this project that is expected to close this month. In 2013, we invested $10.8 million in our Gig Harbor project to both complete infrastructure obligations stemming from a Q4 2012 multi-family parcel sale and to prepare for a series of single-family lot sales expected to close in 2014 and beyond."
About Pope Resources
Pope Resources, a publicly traded limited partnership and its subsidiaries Olympic Resource Management and Olympic Property Group, own or manage 204,000 acres of timberland and development property in Washington, Oregon, and California. We also manage, co-invest in, and consolidate three private equity timber funds, for which we earn management fees. These funds provide an efficient means of investing our own capital in Pacific Northwest timberland while earning fees from managing the funds for third-party investors. The company and its predecessor companies have owned and managed timberlands and development properties for over 160 years. Additional information on the company can be found at www.poperesources.com. The contents of our website are not incorporated into this release or into our filings with the Securities and Exchange Commission.
CONTACT: Tom Ringo, VP & CFO, 360.697.6626, Fax 360.697.1156