Comstock's magazine 1018 - October 2018 | Page 66

participants has grown [exponential- ly]. They’ve moved out of the area. At that point, the family may carve it up, and one portion of the family may buy out the other members.” After his father was killed in an ac- cident while working on his ranch in 2000, Stan Van Vleck bought out seven BORROW OUR STRENGTH to build a powerful business Considering a commercial loan? Choose the right bank to join your team. At Central Valley Community Bank, we’re just the right amount of both big and small – the strong lending power of a big bank together with the values and relationships of a community bank. We’re local too – and know the marketplace. Whether you want to expand, start a new product line, modernize or hire new employees, sit down with our expert lenders today and find out why so many of our satisfied customers refer us to friends and colleagues. Get to know the most trusted, safe and secure business partners in the region. family members to maintain owner- ship of his family’s ranch east of Sac- ramento in Rancho Murieta. Van Vleck Ranch, a sustainable producer of angus and wagyu beef, has been in operation since 1856, and he fought to keep the legacy alive. Four years ago, surging costs of reg- ulations, labor, land and water in Cali- fornia prompted Van Vleck to sit down with his wife and children to discuss the future of the ranch. They didn’t want to break up the business, but had to do something to compete against producers in South America, Canada and other states with lower costs. Ultimately, rather than dismantling the family business, they decided to branch out into different markets, di- viding in a different way. Van Vleck, a partner at Downey Brand, is now work- ing to diversify beyond the cattle ranch operation and into investment. He’s already launched a commercial real estate investment company and has a broader investment company in the works, which Van Vleck says will open opportunities for future generations to expand into technology, health care, logistics, agriculture or “whatever they believe makes good business sense” moving forward. “We’re creating a dynamic situa- tion that looks a lot more attractive to the next generation than branded cattle when it is 110 degrees outside,” he says. “I take this dead seriously. We really needed to proactively address this situation, and if we didn’t do it right, we probably don’t make it to the next generation.” n Russell Nichols is a freelance writer who focuses on technology, culture and men- tal health. His work has appeared in The Wall Street Journal, The Boston Globe, Governing Magazine and Government Technology. On Twitter @russellnichols. Investing In Business Relationships. www.cvcb.com • (800) 298-1775 Proudly serving Greater Sacramento and the San Joaquin Valley 66 comstocksmag.com | October 2018