The North Carolina Coastal Land Trust is taking a big risk in the name of history. The nonprofit trust is taking out a $5.3 million loan in order to buy a 1,000-acre property, according to the Associated Press, which it will preserve due to its history as the last-known location of the “Lost Colony”– a group of English colonists who set up England’s first settlement in North America in 1587 and disbanded by the time […]
source https://therealdeal.com/2018/04/28/why-a-nonprofit-trust-took-out-a-5-3m-loan-for-1000-acres-in-north-carolina/
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