Posted on Jul 8, 2023
Mysterious Investors Behind $1 Billion Land Purchase Near Key Air Force Base
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Thoughts? A mysterious group known as Flannery Associates has gobbled up nearly 52,000 acres of agricultural land in California, including areas near Travis Air Force Base, sparking concerns of foreign influence that lead to the Air Force’s Foreign Investment Risk Review Office’s probe, according to the WSJ. Flannery maintains it is majority American-owned, with the remaining 3% of invested capital originating from Ireland and Britain, but local authorities, lawmakers and federal agencies continue to probe the opaque company.
“Any speculation that Flannery’s purchases are motivated by the proximity to Travis Air Force Base” is unfounded, an attorney for the firm told the WSJ.
In the last five years, Flannery has become the largest landowner in Solano County, the outlet reported, citing county officials and public records.
“Any speculation that Flannery’s purchases are motivated by the proximity to Travis Air Force Base” is unfounded, an attorney for the firm told the WSJ.
In the last five years, Flannery has become the largest landowner in Solano County, the outlet reported, citing county officials and public records.
Mysterious Investors Behind $1 Billion Land Purchase Near Key Air Force Base
Posted from dailycaller.com
Travis AFB
State of California
Real estate
Investigation
Edited 10 mo ago
Posted 10 mo ago
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I do not understand how Travis AFB would be that interesting. In the meantime what are they doing? Just siting on the land? Farming it?
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In my opinion property ownership in the United States needs to be reserved for citizens and domestic companies. How does other countries like China address property ownership? To have a valid discussion all this needs to be brought to the table.
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