Investor profile - AL
David Morace
David Morace is a real estate investor and operator based in Mobile, AL. Public filings show activity across 26 properties held through 5 holding companies. Recent mortgage relationships include First Federal Bank of Kansas City, Century Bank, and GAEG SIXTH.
David's Activity
As of December 2025, public records show approximately $3.7M in recorded mortgage exposure linked to this investor across at least 10 mortgage filings and 26 properties held through 5 holding companies. Activity appears concentrated in misc and office assets recorded between 2017 and 2025.
Primary Geography
Mobile, AL
ZIP codes: 36561 and 36542
Most recorded activity for this investor appears in ORANGE BEACH and GULF SHORES.
Property Type Breakdown
Associated Entities (5)
AL · 4 properties · 4 mortgages
AL · 2 properties · 3 mortgages
AL · 0 properties · 2 mortgages
+2 more not shown
Mortgages (10)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 04/03/2025 | $1.3M | Open | First Federal Bank of Kansas City | D SQUARED DEVELOPMENT LLC | 141 COVE AVE, GULF SHORES, AL 36542 |
| 03/24/2025 | $900k | Open | Century Bank | 7525 INVESTMENTS LLC | - |
| 11/27/2024 | $400k | Closed | Century Bank | MORACE ENTERPRISES LLC | - |
+7 more not shown
Owned Properties (26)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 23601 PERDIDO BEACH BLVD, ORANGE BEACH, AL 36561 13 | HERCULES INVESTMENTS LLC | Sold | $500k |
| 141 COVE AVE, GULF SHORES, AL 36542 | MORACE ENTERPRISES LLC | Owns - 22 mos | $410k |
| 23601 PERDIDO BEACH BLVD, ORANGE BEACH, AL 36561 13 | CLAKE 2 LLC | Sold | $345k |
+23 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in misc, office, and multifamily properties across Mobile, AL.
What companies is David Morace associated with?
David Morace is associated with 5 entities based on extracted signatures from public records. Key entities include MORACE ENTERPRISES LLC, 7525 INVESTMENTS LLC, CCE PHASE 4 LLC, D SQUARED DEVELOPMENT LLC, and TRACER LLC.
How many properties are associated with this investor?
At least 26 properties are associated with David Morace and the entities they control, based on signatures extracted from recorded documents connecting David Morace to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references First Federal Bank of Kansas City, Century Bank, and GAEG SIXTH, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2017 through 2025, with the most recent mortgage recorded in 2025.
How is associated activity determined?
Elementix uses AI to extract signatures from recorded documents. These signatures are used to determine the relationships between people and entities. This is a novel approach that goes beyond looking at corporate filings and skip-tracing.
The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities. Any contact indicators shown (such as email domain references or partial phone digits) are provided solely as unverified signals and may be incomplete or outdated.
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