Burnham served as adviser to the Rudnick Estate Trust in the sale of the Onyx Ranch, a 68,000 acre property in California with significant wind, solar, ranching, and water development potential.

Even as financial market conditions deteriorated in 2007, Burnham conducted a competitive process which generated multiple offers from a variety of investors: financial, strategic, REIT, and a land conservation group. 

In order to maximize the value for our client, Burnham leveraged the growing interest in alternative energy in California, and heavily emphasized the wind and solar development potential of the ranch. Burnham successfully navigated changing market conditions, and secured a highly favorable all-cash offer from a notable strategic developer in the alternative energy sector. In addition, the final structure allowed the beneficiaries of the Trust participation rights in the newly established entity, which provided the option to capture the long term upside.