Winebusiness.com - Homepage for the Wine Industry

Harvard pushing further into farm sector with California Central Coast vineyard play

March 20, 2014

The region is in the cross-hairs of numerous investors. Last November, Hancock Agricultural Investment Group paid $44 million for two Monterey County vineyards totaling 1,582 acres. Hancock, a Boston-based unit of Canadian insurer Manulife Financial Corp., overseas $2.1 billion of farm real estate.