Investor profile - NC
Larry Barnes
Larry Barnes is a real estate investor and operator based in Raleigh-Durham, NC. Public filings show activity across 22 properties held through 10 holding companies. Recent mortgage relationships include Truist Bank, North State Bank, and Ascent Developer Solutions.
Larry's Activity
As of December 2025, public records show approximately $46.5M in recorded mortgage exposure linked to this investor across at least 110 mortgage filings and 22 properties held through 10 holding companies. Activity appears concentrated in residential and vacant assets recorded between 2012 and 2025.
Associated People
Primary Geography
Raleigh-Durham, NC
ZIP codes: 27587, 27615, 27609, 27614, and 28078
Most recorded activity for this investor appears in WAKE FOREST, RALEIGH, HUNTERSVILLE, HICKORY, and MORGANTON.
Property Type Breakdown
Associated Entities (10)
NC · 29 properties · 91 mortgages
NC · 7 properties · 26 mortgages
NC · 1 property · 16 mortgages
+7 more not shown
Mortgages (110)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 08/27/2025 | $2.0M | Open | North State Bank | MB RALEIGH LLC | - |
| 08/27/2025 | $450k | Open | North State Bank | MB RALEIGH LLC | - |
| 08/11/2025 | $1.9M | Closed | Ascent Developer Solutions | MB RALEIGH LLC | 7640 FALLS CREEK LN, RALEIGH, NC 27614 |
+107 more not shown
Owned Properties (22)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 746 JAMESTOWN RD, MORGANTON, NC 28655 | LGL INVESTMENTS LLC | Owns - 17 mos | $660k |
| 8818 ARROW ST, HICKORY, NC 28601 | LGL INVESTMENTS LLC | Sold | $70k |
| 1925 HUNTING RIDGE RD, RALEIGH, NC 27615 | MONTEREY BAY RALEIGH LLC | Owns - 3.2 yrs | $2k |
+19 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential, vacant, and commercial properties across Raleigh-Durham, NC.
What companies is Larry Barnes associated with?
Larry Barnes is associated with 10 entities based on extracted signatures from public records. Key entities include MONTEREY BAY RALEIGH LLC, MONTEREY BAY HOMES LLC, WATERSTONE PARTNERS LLC, MB RALEIGH LLC, and LARRY CURLY AND MOE LLC.
How many properties are associated with this investor?
At least 22 properties are associated with Larry Barnes and the entities they control, based on signatures extracted from recorded documents connecting Larry Barnes to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Truist Bank, North State Bank, and Ascent Developer Solutions, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2012 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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