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KPIX CBS Evening News With Norah ODonnell June 4, 2024 23:44:00

Why someone new bought this land just down the road. water asset management owns that property. reporter: when you first heard of them, what was your reaction. surprise and concern. they are concerning because they re large. reporter: water asset management is a new york investment firm with offices inside this building. in the past five years, it has bought at least $20 million worth of land in western colorado. these are folks that have identified the drought as an opportunity to make money. reporter: an dimueller s job is to protect colorado s share of the river. asset management have acquired 25 million acres of land with water rights with it. in an attempt to not use the water and send it downstream for money. i view them as vultures. reporter: that s prett d i pres o wreques an i ....

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KPIX CBS Evening News With Norah ODonnell June 4, 2024 23:46:00

Leasing land from water asset management. he say apin e their n neighbors. wilbe watcr what may be coming. reporter: ben tracy, cbs news, grand junction, colorado. police say a man armed with an a.r.-15 rifle opened fire today inside a target store. how it all endedneck. ....

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