Investor profile - KY
Jim Payne
Jim Payne is a real estate investor and operator based in Lexington, KY. Public filings show activity across 15 properties held through 4 holding companies. Recent mortgage relationships include Citizens Guaranty Bank, Citizens Bank, and UNION VENTURE.
Jim's Activity
As of December 2025, public records show approximately $11.8M in recorded mortgage exposure linked to this investor across at least 11 mortgage filings and 15 properties held through 4 holding companies. Activity appears concentrated in misc and office assets recorded between 2010 and 2025.
Associated People
Primary Geography
Lexington, KY
ZIP codes: 40475
Most recorded activity for this investor appears in RICHMOND.
Property Type Breakdown
Associated Entities (4)
KY · 12 properties · 118 mortgages
KY · 13 properties · 114 mortgages
KY · 4 properties · 10 mortgages
+1 more not shown
Mortgages (11)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 07/31/2025 | $5.4M | Open | Citizens Guaranty Bank | MAGNOLIA DEVELOPMENT LLC | UNION CITY RD, RICHMOND, KY 40475 |
| 10/12/2022 | $2.9M | Open | Citizens Bank | MAGNOLIA DEVELOPMENT LLC | 138 N KEENELAND DR, RICHMOND, KY 40475 |
| 10/12/2022 | $532k | Open | UNION VENTURE | MAGNOLIA DEVELOPMENT LLC | 433 NANDINO CIR, BEREA, KY 40403 |
+8 more not shown
Owned Properties (15)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| UNION CITY RD, RICHMOND, KY 40475 | MAGNOLIA DEVELOPMENT LLC | Owns - 5 mos | $881k |
| 138 N KEENELAND DR, RICHMOND, KY 40475 | WAYNE KING | Sold | $63k |
| JACKS CREEK RD, RICHMOND, KY 40475 | AUDIE CHASTEEN | Sold | $12k |
+12 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in misc, office, and residential properties across Lexington, KY.
What companies is Jim Payne associated with?
Jim Payne is associated with 4 entities based on extracted signatures from public records. Key entities include LP CONSTRUCTION LLC, PAYNE HOMES INC, MAGNOLIA DEVELOPMENT LLC, and NORTHERN CHASE DEVELOPMENT INC.
How many properties are associated with this investor?
At least 15 properties are associated with Jim Payne and the entities they control, based on signatures extracted from recorded documents connecting Jim Payne to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Citizens Guaranty Bank, Citizens Bank, and UNION VENTURE, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2010 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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