The Committee on Foreign Investment in the United States is reviewing the purchases of land by Flannery Associates, a limited liability company registered in De

The Committee on Foreign Investment in the United States is reviewing the purchases of land by Flannery Associates, a limited liability company registered in Delaware whose owners are publicly unknown.1 The company, who paid about $800 million for land purchased since 2018, is accusing a group of California landowners of conspiring to inflate the price of their land by hundreds of millions of dollars.2 Last month, the Wall Street Journal reported that government officials remained unaware of the owners’ identities.3 An investigation by the U.S. Air Force is ongoing. 1 https://www.sfgate.com/bayarea/article/someone-bought-52000-acres-in-the-bay-area-18296921.php https://www.sfgate.com/bayarea/article/someone-bought-52000-... 2 https://www.reuters.com/legal/litigation/some-california-landowners-fight-while-other-settle-510-mln-antitrust-lawsuit-2023-08-07/ https://www.reuters.com/legal/litigation/some-california-lan... 3 https://www.wsj.com/articles/investors-bought-nearly-1-billion-in-land-near-a-california-air-force-base-officials-want-to-know-who-exactly-they-are-fd868e38 https://www.wsj.com/articles/investors-bought-nearly-1-billi...