A Camden-area horse farm that once belonged to the late Dale Thiel, a former Camden steeplechase director, sold for $1.585 million earlier this month. A deed listing the sale filed on July 9 shows that Jaenicke Limited Partnership sold the property to Richland Management LLC.
Thiel, whose impact was not only felt at Springdale Race Course, but on the Camden Hunt, show jumping and thoroughbred racing, purchased the property in 1997 from Evergreen Thoroughbreds Inc. for $700,000 when it was known as Bateman Field.
Thiel sold the property to David Rudd and Jaenicke Limited Partnership in October 2005 for $1.456 million. Rudd sold his half-interest in the property to Jaenicke in April 2009 for $200,000.
National Land Realty facilitated the sale, listed on FarmFlip.com. The website described the property as, “A magnificent, meticulously-cared-for training center, Evergreen offers any equestrian the perfect tract with wonderful facilities, manicured grounds, and prime location in Camden, S.C., home of the Carolina Cup each spring. The highlight of this diamond comes with the 1-mile dirt track, 7/8-mile turf track inside and the 2-mile European Gallop. Riding trails throughout allow for separation from the track to one of the three 30-stall barns while being able to enjoy the serenity of nature. Sanders Creek, and its surrounding buffer, provides a great habitat for the local deer and turkey population to add to the aesthetics on those cool fall evenings and mystical spring mornings as the fog lingers. Each of the barns includes feed storage, tack rooms, wash stations, and grooms quarters. All utilities throughout the Center are underground for convenience and aesthetics. Enjoy watching the training from your lookout tower or relax in the home on site.”
According to the S.C. Secretary of State’s website, Richland Management’s registered agent is Nancy Palacios; its address in Irmo came back to Hughes Sealey Grant & Associates, a certified public accounting firm apparently specializing in financing for construction. The nature of the relationship between Palacios, Richland Management and Hughes Sealey Grant & Associates is unclear.
The C-I was unable to leave a message asking for comment about the purchase or Richland Management’s intentions for the property.