Around 330 acres of farmland that once belonged to Fresno’s Assemi family has been sold, according to new reports. Property records show that Mission Ranch, which lies in southwest Fresno spanning from W Whites Bridge Ave to Church Ave, roughly between S Marks Ave. and S Hughes Ave., was sold to Nader Malakan. Court documents showed that the Assemi family had over 50,000 acres of distressed farmland. The big picture: Malakan, the owner of Malakan Diamond Company, purchased the land for an estimated $14 million through Running Stallion Ranch LLC. Flashback: The Assemi family previously planned to develop Mission Ranch as a golf course and housing development that would be called Running Horse.