The Nature Conservancy
Greenville County, SC
The Nature Conservancy (“TNC”) was loaned $1.5 million for the acquisition of the 955-acre Gap Creek tract located in Northern Greenville County, SC. The purchase price of the property was $3.7 million with the balance of the acquisition funding provided by third parties. Funding for repayment of the loan and the reimbursement of the original purchase price was provided in part by TNC equity, the SC Conservation Bank, Duke Energy Water Resources Fund, Open Space Institute’s Resilient Landscape Initiative, the Graham Foundation, Campbell Foundation, and multiple generous private donors. Upon loan payoff TNC transferred the property to SC Parks, Recreation & Tourism (SCPRT) as an addition to the Mountain Bridge Wilderness Area.