Bridge Loan Secured by Hospitality & Residential Portfolio in Wilmington, NC
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Yieldi funded a $2,950,000 construction loan secured by four properties in Wilmington, NC, with a current combined value of $12,105,000. The loan includes $882,000 disbursed at closing and the remainder available through pre-approved construction draws. The borrowers, are repeat Yieldi clients with a successful track record operating boutique hospitality and residential assets in the Wilmington market.
The loan refinances an existing Yieldi obligation while providing capital for the full reconstruction of the Graystone Inn—a flagship bed and breakfast that sustained fire damage and was fully booked for 90 days in advance prior to damage. Construction draws are released upon completion and inspection of each phase and the borrowers are contributing 15% of all construction costs out of pocket, reducing risk on account of their demonstrated liquidity and cash flow from other ventures. With a low 24% loan-to-value (LTV) and strong sponsor experience, this loan is structured for capital efficiency and downside protection.
Bridge Loan Secured by Hospitality & Residential Portfolio in Wilmington, NC Details
Structure
- Tax Document
- 1099-INT
- Offering Structure
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BPDNx
SENIOR BPDN - PROMISSORY NOTE SECURED BY COLLATERAL SECURITY AGREEMENTTHIS PROMISSORY NOTE IS SECURED BY THE ISSUER'S PLEDGE OF THE RELEVANT UNDERLYING COLLATERAL LOAN (AS DEFINED BELOW) TO THE LENDER (AS DEFINED BELOW) UNDER THE COLLATERAL SECURITY AGREEMENT AND PROMISSORY NOTE. HOWEVER, EXCEPT TO THE LIMITED EXTENT PROVIDED IN THE PROMISSORY NOTE WITH RESPECT TO THE UNDERLYING COLLATERAL LOAN, THIS NOTE IS NON-RECOURSE TO THE ASSETS, FUNDS AND ACCOUNTS OF YIELDI, LLC (THE "BORROWER", "COMPANY" OR "ISSUER") OR ANY OF ITS AFFILIATES, EMPLOYEES, AGENTS, STOCKHOLDERS, PARENTS, OR SUBSIDIARIES EXCEPT TO THE EXTENT OF THE VALUE OF COLLATERAL LOAN NET PAYMENTS ACTUALLY RECEIVED IN RESPECT OF THE UNDERLYING BORROWER LOAN.
Example Return on Investment
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Why We Like This Opportunity
Bridge Loan Secured by Hospitality & Residential Portfolio in Wilmington, NC Highlights
Yieldi funded a $2,950,000 construction loan secured by four properties in Wilmington, NC, with a current combined value of $12,105,000. The loan includes $882,000 disbursed at closing and the remainder available through pre-approved construction draws. The borrowers, are repeat Yieldi clients with a successful track record operating boutique hospitality and residential assets in the Wilmington market.
The loan refinances an existing Yieldi obligation while providing capital for the full reconstruction of the Graystone Inn—a flagship bed and breakfast that sustained fire damage. Construction draws are released upon completion and inspection of each phase and the borrowers are contributing 15% of all construction costs out of pocket, reducing risk on account of their demonstrated liquidity and cash flow from other ventures. With a low 24% loan-to-value (LTV) and strong sponsor experience, this loan is structured for capital efficiency and downside protection.
About the Neighborhood
Located at the entrance to Wilmington’s Historic District, the bed and breakfast is just one block from the Cape Fear Riverwalk and surrounded by shops, restaurants, galleries, and cultural venues. The area serves as a central hub for tourism and civic activity, offering high walkability, historic charm, and year-round foot traffic.
The remaining properties are located in highly desirable neighborhoods across Wilmington—including RiverLights and downtown corridors—benefiting from steady demand, strong local appreciation, and ongoing investment in both residential and commercial development.
Why We Like this Opportunity
This loan is secured by four well-located, high-quality properties with diverse uses and stable long-term potential. The borrowers are experienced operators with a history of responsible performance and hands-on management. Their plan to rebuild and refinance fits within a proven investment model.
With a conservative 24% LTV, strong market fundamentals, and experienced sponsorship, this transaction offers a low-risk, well-collateralized short-term investment aligned with Yieldi’s underwriting standards.
Experienced Borrower
The borrower is a successful real estate investor in high-end real estate industry in Florida. He’s sold multiple Florida homes for over $2M+ and has a high net worth and strong liquidity.Investment Summary Of Bridge Loan Secured by Hospitality & Residential Portfolio in Wilmington, NC
Investors have an opportunity to invest in borrower payment dependent notes, the cash flow of which is dependent on the payment of interest and principal repayment on the Loans. Investors are scheduled to receive an annualized monthly interest payment of Login for details over the Loans' estimated remaining term of 12 Months. Principal is expected to be returned on or before maturity through a refinancing with a traditional bank loan. It is important to note that the Loans are eligible for prepayment, and principal may be repaid prior to the 12 Months estimated remaining term. If the Loans are paid off before maturity, investors are expected to receive at least three months of interest payments in addition to return of principal.
How Do I Get Paid?
This loan had an initial term of 12 Months with an option at Yieldi's discretion to extend. As of May 16, 2025 there are 12 Months remaining. Investors will immediately receive monthly interest payments at an annualized rate of Login for details on the principal balance over the life of the loan. If you invest in this loan in the middle of a month, you will receive a prorated interest payment for your investment for your first investment month and then full monthly payments thereafter. All payments are made automatically via ACH on the 1st of each month and investors all paid by the 10th of the month.
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