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Lumbee pay $6.8M for possible casino land, 2X previous sales price
Summary by Business North Carolina
1 Articles
1 Articles
Lumbee pay $6.8M for possible casino land, 2X previous sales price
In December, the Lumbee Tribe’s for-profit arm paid a combined $6.8 million for two tracts of farmland alongside Interstate 95, where a Native American-owned casino may someday emerge. That was $3.6 million more than the combined properties’ sale price a few days earlier. Deeds recorded with Robeson County show that Western Agricultural Holdings, a firm registered in Cheyenne, Wyoming, paid $3.2 million to acquire the two properties from separat…
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