Mysterious billionaires group buys 50,000 acres in Solano County

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For years, a shadowy company has been buying up land near the Travis Air Force Base. Now we know who's behind it and what they want.

Marc Andreessen, co-founder and general partner of Andreessen Horowitz, speaks during the TechCrunch Disrupt San Francisco 2016 Summit in San Francisco, California, U.S., on Tuesday, Sept. 13, 2016. TechCrunch Disrupt, the world's leading authority in debuting revolutionary startups, gathers the brightest entrepreneurs, investors, hackers, and tech fans for on-stage interviews.

Flannery Associates, meanwhile, has already alleged that some farmers have conspired to drive up the price of real estate. Flannery Associates say they bought around 2,500 acres for $20.8 million from Thomas McCormack, a director of the Bank of Rio Vista whose family founded and ran the bank for nearly 100 years.

Some of the families have since settled with Flannery Associates, but others remain steadfast and have the backing of Rep. Garamendi.

 

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