CRE Bridge in Greensboro

Logistics, by a wide margin, with manufacturing still shrinking underneath it. As of June 2026, trade, transportation and utilities is 22.2% of Greensboro-High Point's nonfarm jobs, versus 16.8% in the neighboring Winston-Salem metro. Manufacturing is 12.7% of jobs here, about 1.6 times the national 7.9% share, but that sector lost 1,400 jobs over the prior year (49,000 down to 47,600). Read that as two trends at once: this is still a manufacturing-heavy metro by national standards, and the manufacturing base is contracting while trade and transportation carries the growth. Underwrite an industrial or flex deal on the tenant and the freight corridor, not on a manufacturing rebound.

Not on the timelines being sold right now, and only Toyota is actually producing. Toyota's battery plant in Liberty has been producing since June 2025 and represents a real $13.9 billion, 5,100-job commitment at full build, but it sits in Randolph County, not Guilford, and current on-site headcount isn't published anywhere reliable. JetZero broke ground at Piedmont Triad International Airport on 2026-06-15 with a 14,500-job commitment, but hiring doesn't start until 2027, and a groundbreaking is not a payroll. Boom Supersonic's Superfactory has been built since June 2024 and, as of mid-2026 reporting, has produced no aircraft, and its lease with the airport authority can be terminated if it isn't employing at least 500 people by 2026-12-31. None of the three supports a demand thesis for a bridge loan closing today. Our CRE permanent refinance is the better fit once a deal has actual leases signed, not projected ones.

The Greensboro stack is about 1.588 per $100 of assessed value, and 2026 is a frozen year that reprices in 2027. That's Guilford County's 0.7895 plus the City of Greensboro's 0.7985, per the county's own FY2026-27 rate table. North Carolina Senate Bill 889 froze Guilford's 2026 reappraisal for one year, so the 2026 tax bill still runs on the county's prior assessed values, and the new 2026 reappraisal values won't hit a bill until 2027, with an appeal window running to 2027-05-17. Guilford's own estimated revenue-neutral rate on the new 2026 values is 58.54 cents against the adopted 78.95 cents, which is roughly 35% above revenue-neutral if the county holds the rate flat. Build a 2027 step-up into a multi-year hold, not just the 2026 number.

Non-judicial, but with a hearing gate and a bid that isn't final at the auction. North Carolina forecloses through a power of sale, but a clerk of superior court must first hold a hearing and find a valid debt, a default, the right to foreclose and proper notice, with at least 10 days' notice to the debtor. After the sale, any party can file an upset bid within 10 days, raising the price by the greater of 5% or $750, and each new upset bid restarts that 10-day clock, so a contested sale can stay open for weeks. For loans originally over $100,000, the parties can waive the hearing and notice by written, acknowledged instrument. There's no anti-deficiency statute reaching a third-party lender's loan in North Carolina, though a debtor can raise a fair-value offset where the lender itself buys at the sale. Talk to your closing attorney about whether papering that waiver makes sense on your file.

No, a business-purpose loan to an entity is doubly exempt. NCGS 24-9 exempts a loan from Chapter 24's rate and fee limits if the loan is $300,000 or more, if the borrower is anything other than a natural person, or if the loan is for a purpose other than personal, family or household use. A commercial bridge loan to an LLC or corporation clears at least two of those three gates on its own. It also means the loan sits outside the NC SAFE Act's residential mortgage licensing trigger, which by its own statutory text only reaches loans made to individuals for personal or household use. None of this is a substitute for your own counsel's read on a specific deal structure.

Plan on at least 25% of value. Leverage runs up to 75% LTV, so on a $2,000,000 Greensboro industrial or flex purchase that is up to $1,500,000 from us and $500,000 from you (2,000,000 x 75% = 1,500,000). The loan is interest-only on a term of up to 24 to 36 months, and it works for a purchase or a cash-out against equity you already hold. Carry the Guilford tax line at the 2027 number, not just the frozen 2026 bill. Subject to underwriting.

No. There is no minimum score on this program. We do run credit, and there is no hard pull to start, but on an asset-based commercial bridge it weighs far less than it would at a bank. The file turns on the property, the equity, and the exit. Weaker credit is typically offset with lower leverage rather than a decline. A business-purpose loan to an entity also sits outside North Carolina's consumer rate and licensing regime. Subject to underwriting.

Up to $10M. That covers most of the warehouse, flex, and repositioning deals in this metro, where trade and transportation employs far more people than manufacturing. Terms run up to 24 to 36 months, interest-only, structured either as a bridge to a permanent takeout or as a cash-out against equity you already hold. Size the term to a signed lease-up, not to a projected one. Subject to underwriting.