A mysterious investment company is buying up large tracts of land around a California Air Force base, raising questions about who is behind the firm — and its intentions — amid growing fears about Chinese businesses acquiring land near American military sites.
The investment firm Flannery Associates has bought around $800 million worth of land around Travis Air Force Base in northern California’s Solano County, which is midway between Sacramento and San Francisco.
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Flannery Associates filed a lawsuit in May against a group of landowners, accusing the farmers of conspiring to inflate the value of the property — drawing further scrutiny from policymakers including Rep. John Garamendi (D-Calif.).
Continue here: The Hill
