Winston-Salem, North Carolina

Forsyth County publishes the owner of record, assessed value, deed stamps and last sale price of every parcel in Winston-Salem free through public map services, and North Carolina's deed stamps price most sales. Downtown's towers sit in single-purpose LLCs, two have passed through foreclosure since 2022, and the City, the school board and Wake Forest hold the most land. Owner, deed and value data now come from the County's own GIS server (terraweb.co.forsyth.nc.us), because the ArcGIS Online host it used before answers 403 to robots.txt.

12 buildings · 12 with an owner established · 28 sources · 8 tier A · 4 tier B · prepared 2026-10-14

Can you find out who owns it?

North Carolina records title by deed with the county Register of Deeds; Winston-Salem lies wholly in Forsyth County. The County Tax Assessor's mapping section keeps what it calls the 'tax scroll' of owners, built from Register of Deeds records, and publishes every parcel's current owner, mailing address, deed book and page, deed date, revenue stamps, total assessed value and last qualified sale price through a free public map service and an online property search, with no account. Prices reach the record because the seller pays the State's deed excise tax of $1 per $500 of price, which the stamps record. The limits: towers sit in single-purpose LLCs, a sale of the owning company shows no price, and the County grants no reuse licence for the data.

Is ownership public?An open dataset names the owner
Cost of one title searchOwner of record free (Forsyth County Tax Parcel Viewer, Detailed Property Information and public parcel feature service, no account). Register of Deeds: uncertified copy $0.25 per page, certified copy $5 first page and $2 each additional; appraisal records printed at 50 cents per page. Deed excise tax $1 per $500 of price, paid by the seller
Bulk ownership dataForsyth County's own GIS server (terraweb.co.forsyth.nc.us, NCPTS 'PWA_table' service): a table of every parcel in the County with owner, mailing address, deed book/page and date, revenue stamps, total value, assessment method, acreage and last qualified sale price (168,487 rows), joined by REID to the parcel polygons in the same service; plus the County-hosted 'Tax/SalesApp' Transfers layer (9,940 qualified and disqualified sales since Jan 2021). Free, no account; no reuse licence stated
Sale pricesEvery sale, with its address
1

The marquee buildings

The towers that set the tone of the core, and who holds them. A price is the price a document states, on the date it states — not an estimate of what the building is worth now.

BuildingUseOwner Owner typeLast price paid
100 North Main Street (Wells Fargo Center, originally Wachovia Center)
100 N Main Street, Winston-Salem
723,959 sq ft (roll) · 34 floors
Office WFC Property LLC
The County roll names WFC Property LLC on the city's tallest tower (2.0 acres, built 1994), mailed to 204 N Robinson Ave, Suite 2600, Oklahoma City, assessed at $35.6M by the income method. The same LLC holds 121 N Church St (185,201 sq ft, $6.6M, deed 2019 with no stamps). Wikipedia names the tower 100 North Main Street, 'also known as Wells Fargo Center', originally Wachovia Center, and reports the 2018 purchase by 'WFC Property LLC of Oklahoma City' for $62 million. No opened source calls it Truist Center. No opened filing names the LLC's members.
Private company $62,000,000
2018-10-12
Deed book 3429, page 1481; 124,000 revenue stamps x $500 = $62.0M, matching the roll's last qualified sale price.
A
200 West Second Street (BB&T Financial Center)
200 W Second Street, Winston-Salem
276,375 sq ft (roll)
Office 200 West Land DST
The roll names 200 West Land DST (a Delaware statutory trust), mailed to Pineville, NC, on the 1.22-acre parcel, assessed at $14.1M (built 1986). A 2015 CMBS prospectus shows the trust's structure. The land is held in fee and 'ground leased to 200 West Building LLC, an affiliate of the borrower', which 'owns the leasehold interest ... and the improvements'. Branch Banking and Trust Company then occupied about 94.2% of the space and held a right of first offer to buy. Wikipedia's list of tall buildings calls it the BB&T Financial Center. No opened source states a current tenant.
Private company $43,250,000
2014-12-23
Deed book 3210, page 2422; 86,500 revenue stamps x $500, matching the roll's last qualified sale price.
A
Reynolds Building (Kimpton Cardinal Hotel and apartments)
51 E Fourth Street, Winston-Salem
146,497 + 142,188 sq ft in two units (roll) · 21 floors
Mixed use 51 East Fourth Street Associates LP; PMC 400 North Church Street Associates LP
A condominium. The roll carries three records on the 0.55-acre site. A unit of 146,497 sq ft is held by 51 East Fourth Street Associates LP, a unit of 142,188 sq ft by PMC 400 North Church Street Associates LP, and the common elements by The 51 East Fourth Street Condominium Association Inc. All three are mailed to 1608 Walnut St, Suite 1400, Philadelphia. Wikipedia says PMC Property Group and Kimpton bought the 1929 former RJR headquarters, with the Kimpton Cardinal Hotel below and apartments on floors 7-19. The tie to PMC rests on Wikipedia and the shared address. The County layer reads 'VALUE PENDING' for both units, so no assessment is given here.
Developer $7,800,000
2015-10-07
Deed book 3179, page 3919 to 51 East Fourth Street Associates LP; 15,600 stamps x $500 = $7.8M, the figure Wikipedia gives for the PMC Property Group and Kimpton purchase.
B
Winston Tower (former Wachovia Building)
301 N Main Street, Winston-Salem
720,900 sq ft (roll) · 29 floors
Office Winston Tower LLC
The roll names Winston Tower LLC, mailed to 3021 Bank St, Charlotte, on the 0.86-acre parcel (built 1966), assessed at $17.6M. Wikipedia describes the 1966 tower as the former Wachovia Building and the tallest in North Carolina until 1971, and reports the $14 million purchase by 'Charlotte-based Winston Tower LLC'. Today's assessment is above the 2022 price.
Private company $14,000,000
2022-08-17
Deed book 3712, page 3808; 28,000 stamps. The same day, 118 E Third St (143,208 sq ft) went to the same LLC for $4,425,000 (8,850 stamps, deed 3712/3815).
A
One West Fourth Street
1 W Fourth Street, Winston-Salem
460,941 sq ft (roll)
Office AFF III One West Owner LLC
The roll names AFF III One West Owner LLC, mailed to 3565 Piedmont Rd NE, Atlanta, on 2.3 acres (built 2000, 460,941 sq ft), assessed at $36.9M by the income method. Its current deed (book 3747, page 4204, 6 Apr 2023) carries no stamps, so the roll gives no price for it. Wikipedia's list of tall buildings gives the tower as 211 ft. No opened filing names the LLC's parent.
Private company —A
425 N Cherry Street
425 Cherry Street, Winston-Salem
219,294 sq ft (roll)
Mixed use 425 N Cherry St Property Owner LLC
The roll names 425 N Cherry St Property Owner LLC, mailed to 1825 Main Street, Weston, Florida, on 2.14 acres zoned CB (built 1983), assessed at $32.0M. Its 2025 deed is the largest single-parcel deed by stamps since 2025 on the current City roll whose stamps match the roll's last qualified sale price. No opened source states the building's use or brand, so it is recorded here as mixed. The parent of the LLC is not stated.
Private company $56,150,000
2025-07-23
Deed book 3875, page 2866; 112,300 stamps x $500 = $56.15M, matching the roll's last qualified sale price.
A
Wake Forest Innovation Quarter (Ventas / Wexford buildings)
575 N Patterson Ave, 455 and 525 Vine St, 486 N Patterson Ave, Winston-Salem
590,555 sq ft in four parcels (roll)
Mixed use Ventas, Inc. (VTR LS Building 91 LLC, VTR Building 60 Holdco LLC, VTR Building 90 Holdco LLC, VTR Bailey Holdco LLC)
Four of the district's former tobacco buildings are held by VTR entities: 575 N Patterson Ave ($82.4M, 93,460 sq ft), 525 Vine St ($32.6M, 253,827 sq ft), 455 Vine St ($31.7M) and 486 N Patterson Ave ($27.7M), $174.3M together. Ventas's FY2025 Exhibit 21 lists the 60, 90 and Bailey Holdcos and the Building 91 developer and manager entities. A 2019 Ventas release counts 'Wake Forest Innovation Quarter in Winston-Salem' in Wexford's portfolio. The 2024-25 deeds carry no stamps. Wake Forest University Health Sciences holds 270 E Sixth St ($61.1M) and 409 Vine St, bought 8 Aug 2023 for $37,965,000 (75,930 stamps). WFIQ Holdings LLC holds 23 parcels; its parent is not stated.
REIT —B
Hanes Mall
3320 Silas Creek Parkway, Winston-Salem
526,683 sq ft on the main parcel (roll); 1,435,164 sq ft centre (Wikipedia)
Retail CBL & Associates Properties (Hanes Mall CMBS 2026 LLC; CBL Hanes Mall OP PropCo LLC)
The city's highest-valued taxable parcel: 3320 Silas Creek Pkwy, 33.3 acres, $121.1M, held by Hanes Mall CMBS 2026 LLC under a deed of 18 Mar 2026 (book 3914, page 2950) that carries no stamps. Two more pad parcels moved on the same deed. The LLC is mailed to 2030 Hamilton Place Blvd, Chattanooga, the address of CBL Hanes Mall OP PropCo LLC, which holds 160 Hanes Mall Cir and appears in CBL's FY2025 Exhibit 21. CBL's Q2 2026 10-Q says Hanes Mall is in the pool securing a $425.0M secured mall loan due 2031 at 7.40%. That fits a transfer into a borrower entity, but the CMBS LLC itself was not found in an opened filing. Anchor parcels held by others are not included.
REIT —B
Reynolds American / R. J. Reynolds Plaza Building
401 N Main Street, Winston-Salem
536,110 sq ft (roll)
Office R. J. Reynolds (roll: 'Reynolds R J Inc'), a BAT subsidiary
The roll names 'Reynolds R J Inc', mailed to PO Box 2959, Winston-Salem, on 401 N Main St (1.73 acres, built 1981), assessed at $35.5M. BAT's 2025 Annual Report gives 401 N. Main Street as the address of R. J. Reynolds Tobacco Company and other U.S. subsidiaries, and calls Winston-Salem 'our U.S. headquarters'. Other city holdings include 950 Reynolds Blvd ($39.1M), 2901 Shorefair Dr ($18.5M) and 4040 Reynolds Ct ($15.2M). The Tobaccoville plant (7201 Doral Dr, 555.56 acres, $130.8M) is outside the city. The roll name does not exactly match a BAT subsidiary, so the tie rests on the address.
Public company —B
Truist Stadium (former BB&T Ballpark)
951 Ballpark Way, Winston-Salem
8.16 acres
Civic City of Winston-Salem
The roll names the City of Winston-Salem on 951 Ballpark Way (8.16 acres, deed book 2913, page 2019, dated 2009). The public layer shows a total value of 0, as it does for most exempt parcels. Wikipedia gives the City as owner, an opening on 10 Apr 2010 at a cost of $48.7 million, and the name BB&T Ballpark from 2010 to 2020. A 1.06-acre parcel at 929 Ballpark Way belongs to Twin City Landco LLC of New York (2024 deed, 3,706 stamps = $1.85M); its relation to the stadium is not stated.
Government —A
Smith Reynolds Airport
3801 N Liberty Street, Winston-Salem
559.85 acres (roll)
Civic County of Forsyth
The roll names the County of Forsyth, mailed to 201 N Chestnut St, on 559.85 acres at 3801 N Liberty St under a deed of 9 Feb 2022 (book 3674, page 3917). The deed carries no stamps, and the layer shows no value, as it does for exempt land. Wikipedia's infobox still gives the owner as the Airport Commission of Forsyth County. The deed on the roll is the more recent record, but this record did not read the deed itself, so its terms are not stated. Forsyth County also holds 4001 N Liberty St (37.3 acres) next door.
Government —A
Wake Forest University (Reynolda campus)
1834 Wake Forest Road, Winston-Salem
213.7 acres (main parcel, roll)
Institutional Wake Forest University
The roll names Wake Forest University on 1834 Wake Forest Rd (213.7 acres) and on 177 parcels in the city, about 778 acres. Most are exempt and show no value or 'VALUE PENDING' on the County layer. The assessed part is $67.0M, including 2315 Coliseum Dr ($2.3M). The university also holds the 74.7-acre Reynolda Rd tract and 499 Deacon Blvd (41.6 acres). The academic medical centre is recorded separately: Wake Forest University Health Sciences, NC Baptist Hospitals and the joint 'WFU Health Sciences/NCBH Inc' hold 123 parcels (about 146 acres, $212.2M taxable), including 301 Medical Center Blvd (326,082 sq ft, built 2023). None of those owner names is Atrium Health.
Institution —A
2

The core land

The most valuable ground in the city, and what the public record says about it.

Winston-Salem's most valuable taxable ground is not downtown. It is Hanes Mall and the industrial parks to the south-west and east. The downtown business improvement district as a whole is assessed at less than six times the mall parcel. Values are total assessed values (2025 reappraisal) on the County's parcel table on its own GIS server, read 4 Nov 2026, for parcels whose centroids fall inside the City's corporate limits. Exempt parcels mostly show a value of 0 and 915 City parcels read 'VALUE PENDING', so public and institutional ground is under-counted. Prices are stamp-implied (stamps x $500) on each parcel's current deed.

Highest-valued taxable parcel$121,126,400
3320 Silas Creek Pkwy (Hanes Mall), Hanes Mall CMBS 2026 LLC (CBL), 33.33 acres. Next: 2950 Temple School Rd (Caterpillar Inc, 99.6 acres, $89.2M) and 575 N Patterson Ave (VTR LS Building 91 LLC, Ventas, $82.4M). Forsyth County parcel table, Nov 2026.
All City of Winston-Salem parcels$33.28 billion
99,333 parcels inside the corporate limits (86,489 acres by the limits layer; 73,577 acres of parcels). 4,980 of them show a total value of 0, mostly exempt land, and 915 read 'VALUE PENDING'. Forsyth County as a whole: $56.08B over 168,487 roll rows. Forsyth County parcel table and corporate limits, Nov 2026.
Downtown business improvement district$693.3 million
558 parcels, 148 acres, inside the 'Downtown WS BID' municipal service district. The highest are One West Fourth ($36.9M), 100 North Main ($35.6M), RJR's 401 N Main ($35.5M), 501 W Fourth St apartments ($34.7M) and 425 Cherry St ($32.0M). Exempt civic and Innovation Quarter buildings largely show no value. Forsyth County layers, Nov 2026.
Largest single-parcel deed on the current roll, 2021-26$83,500,000
545 Power Plant Cir to TBR Plant 64 Owner LLC, 9 Mar 2023 (deed 3743/3442, 167,000 stamps, matching the roll's last qualified sale price). A $105.0M portfolio deed of 16 Oct 2023 (3777/1421, 210,000 stamps) to BRI TIP LLC covers 22 industrial parcels in the County, 2 of them inside the City by centroid. Forsyth County parcel table, Nov 2026.
Largest single-parcel deed since 2025$56,150,000
425 Cherry St to 425 N Cherry St Property Owner LLC, 23 Jul 2025 (deed 3875/2866, 112,300 stamps, matching the last qualified sale price). Next is a $44.0M deed of 18 Nov 2025 (88,000 stamps) to CCM Properties Five LLC for a 149,493 sq ft parcel at the Hanes Mall address, assessed at $14.1M; the same buyer took four more parcels that day. Then $34.5M to Realty Income's MDC NC2 LP for 390 Business Park Dr (8 Jul 2026). A 2026 Hobby Lobby deed at 1000 E Hanes Mill Rd shows 160,000 stamps but an $8.0M last qualified sale price, so it is left out. Forsyth County parcel table, Nov 2026.
3

Who owns the town

At this scale the significant owner is rarely a trust or a fund: it is one or two local holding companies, a family in its second or third generation, and often the land around the town rather than the buildings in it.

In Winston-Salem the largest landholder by area is the City, which owns about 5,680 acres, a fifth of it the Salem Lake watershed. The school board, Wake Forest University and the County come next. Private concentration shows in RJR's campus and in rental-house platforms holding hundreds of houses each (see commercial). Counts group each spelling of an owner's name among the 99,333 Forsyth County parcels whose centroids fall inside the City's corporate limits (County GIS server, read 4 Nov 2026). Acres are the computed area of the County's parcel polygons unless marked as the roll's acreage. Most exempt parcels show a value of 0, so public land carries no dollar figure here.

NameTypeCity of Winston-Salem parcels, Forsyth County roll, Nov 2026
City of Winston-Salem
Owner name 'CITY OF WINSTON SALEM' in every spelling. The largest is the Salem Lake tract at 815 Salem Lake Rd (1,183 acres on the roll). Next come 2790 New Walkertown Rd (292 acres), Reynolds Park Rd (176 acres) and the Truist Stadium site. Countywide, the City holds 1,146 parcels and about 6,650 acres. The County layer shows no value on almost all of them because they are exempt, so City land has no dollar total here. The City ABC Board's parcels are not counted.
Government 1,066 parcels, about 5,690 acresA
Winston-Salem/Forsyth County Board of Education
Five spellings of the board's name, mostly 'WINSTON SALEM/FORSYTH COUNTY BOARD OF EDUCATION' (143). The largest sites are 5705 Shattalon Dr (69.4 acres on the roll), 3200 Renon Rd (57.8 acres) and 3605 Old Greensboro Rd (48.0 acres). Countywide: 245 parcels, about 2,174 acres. The layer shows no value for these exempt parcels.
Government 179 parcels, about 1,238 acresA
Forsyth County
'FORSYTH COUNTY' (60) and 'COUNTY OF FORSYTH' (13). Smith Reynolds Airport makes up more than half of it: 3801 N Liberty St, 559.85 acres on the roll (525 by computed area), deeded in 2022. Next are 4001 N Liberty St (37.3 acres, a 323,965 sq ft building) and the Sturmer Park Cir site (38.3 acres). Countywide: 113 parcels, about 3,458 acres.
Government 73 parcels, about 918 acresA
Wake Forest University
The Reynolda campus at 1834 Wake Forest Rd (213.7 acres on the roll), the 74.7-acre Reynolda Rd tract, 499 Deacon Blvd (41.6 acres) and 2825 University Pkwy (33.0 acres). All of its parcels are inside the city. Exempt parcels show no value or 'VALUE PENDING'; the $67.0M is the value of the parcels that are assessed.
Institution 177 parcels, about 778 acres; $67.0M assessedA
Wake Forest University Health Sciences and North Carolina Baptist Hospitals
Owner names include 'Wake Forest University Health Sciences', 'N C Baptist Hospitals Inc', 'Wake Forest University Baptist Medical Center', joint 'WFU Health Sciences/NCBH Inc' and 'Med Found of BGSM & NCBH Inc'. Taxable holdings sit mostly in the Innovation Quarter: 270 E Sixth St ($61.1M), 409 Vine St ($47.2M) and 635 Vine St ($31.1M). None of the names on the roll is Atrium Health, so this record does not say whether Atrium holds anything through these entities.
Institution 123 parcels, about 146 acres; $212.2M taxableA
State of North Carolina
Owner name 'STATE OF NORTH CAROLINA'. The roll gives no institution behind the name, so Winston-Salem State University's campus cannot be separated from other State land by owner name. The WSSU foundations hold 6 parcels (25 acres) in their own names, and 'N C School of the Arts' holds 5 (9.2 acres). The NC Department of Transportation and the former State Highway Commission hold 511 more parcels (427 acres), mostly right-of-way remnants. Countywide, the State holds 189 parcels and 897 acres.
Government 163 parcels, about 373 acresA
Housing Authority of the City of Winston-Salem
'HOUSING AUTHORITY OF CITY OF WINSTON SALEM' (119) and one variant, all inside the city. The largest are 2700 Piedmont Cir (21.3 acres), 1050 E Fifteenth St (14.4 acres) and 3751 Stoney Glen Dr (11.9 acres). Exempt; no value on the layer.
Government 120 parcels, about 119 acresA
Duke Energy
'DUKE POWER CO' (88), 'Duke Energy Carolinas LLC' (9) and two other variants. These are substations and corridors. The public layer shows no value for them, and how utility property is valued was not read from a source. Countywide: 252 parcels and about 3,007 acres.
Public company 103 parcels, about 251 acresA
R. J. Reynolds (BAT)
'Reynolds R J Inc', 'R J Reynolds Inc', 'R J Reynolds Tobacco Co' and RJR Road LLC. The holdings are the 401 N Main headquarters ($35.5M), 950 Reynolds Blvd ($39.1M), 2901 Shorefair Dr and 4040 Reynolds Ct. Countywide, the same names hold 25 parcels, about 892 acres and $265.6M, most of it the Tobaccoville plant (555.56 acres, $130.8M) outside the city. Whether RJR Road LLC is affiliated is not stated by any source. The tie to BAT rests on BAT's 2025 Annual Report, which lists the RJR companies at 401 N. Main Street.
Public company 15 parcels, about 105 acres; $118.1MB
Norfolk Southern and predecessor railways
Owner names 'Norfolk Southern Railway Company', 'N & W Railway Co', 'Norfolk & Western Railroad', 'Southern Railway Co' and 'Southern Railroad Co' on the roll. Several of these are older railway names that the roll still carries. Another 4 parcels (13.1 acres) stand in the name of the 'W S Southbound Railway'. The layer shows no value for rail land. Countywide: 24 parcels, about 307 acres.
Public company 19 parcels, about 131 acresA
Novant Health
'NOVANT HEALTH INC' (13) and related entities. The largest is the 60.4-acre campus at 3333 Silas Creek Pkwy, which is exempt. Novant Health Realty Holdings LLC holds 196 Hanes Mall Cir ($14.4M), and Novant Health Rehabilitation Hospital of Winston Salem LLC holds 2475 Hillcrest Center Cir ($23.8M). Countywide: 22 parcels, about 211 acres.
Institution 16 parcels, about 126 acres; $57.2M taxableA
Vulcan Lands Inc
Quarry land. Countywide: 59 parcels, about 891 acres. No opened filing names Vulcan Lands Inc's parent, so it is not stated here.
Private company 27 parcels, about 350 acres; $5.5MA
Hubbard Realty of Winston-Salem Inc
A local real-estate company under three spellings; parcels held jointly with others are not counted. Countywide: 140 parcels, about 656 acres. Who controls it was not read from a source.
Private company 80 parcels, about 342 acres; $18.2MA
Ogburn Investments Inc
Two related company names: 'Ogburn Investments Inc' (152) and 'an affiliated real-estate company' (85). These are mostly small commercial and rental parcels around downtown and N Liberty St. The two share a mailing address (PO Box 20189). Parcels held by individuals with the same surname are not counted.
Private company 237 parcels, about 174 acres; $43.1MA
5

Who builds the houses

New-home building in this market: the volume, and the firms behind it. Ownership of a builder matters as much as its volume — a private-equity platform and a family firm behave differently.

New homes in Winston-Salem are now almost all single-family houses, built mostly by national public builders on the city's edges. The Census place file counts 1,364 one-unit permits in 2025 ($330.0M) against a single 12-unit apartment building. In 2024 the city permitted 1,168 houses and 871 apartments in 65 buildings of 5+ units, so the 2025 apartment pipeline nearly stopped. No local builder league table is published, and the roll does not name contractors. The figure here is lots in the builder's own name inside the City on the County roll (County GIS server, 4 Nov 2026), split by whether the layer shows a building on the lot. That measures a builder's pipeline, not its completions.

NameTypeParcels in builder's name in the City, Nov 2026
D.R. Horton, Inc.
Held in the parent's own name, 'DR HORTON INC' (211) and 'D R HORTON INC' (1). Most of the lots show no value yet on the layer ($5.0M in all). Rows for individuals with the surname Horton are excluded.
Public company 212 parcels, 205 without a buildingA
LGI Homes (LGI Homes - NC, LLC)
The roll spells it two ways: 'LGI HOMESNC LLC' (90 parcels) and 'LGI HOMES NC LLC' (20). LGI's FY2025 Exhibit 21.1 lists 'LGI HOMES - NC, LLC', a North Carolina limited liability company.
Public company 110 parcels, 102 without a buildingA
True Homes LLC
A private builder. No opened filing names its owners, so they are not stated here.
Private company 96 parcels, 93 without a buildingA
Forestar USA Real Estate Group Inc
A lot developer that sells finished lots to builders, rather than a homebuilder. Its relation to D.R. Horton was not read from an opened filing, so it is not stated here.
Public company 10 parcels, all without a buildingA
CMH Homes Inc
Clayton Properties Group Inc holds 3 more lots. No opened filing names the parent of either entity, so it is not stated here.
Private company 24 parcels, all without a buildingA
PulteGroup (Pulte Home Company, LLC)
Few lots, but large unsubdivided tracts: 134 acres in 13 parcels, $3.6M, 12 of them without a building. PulteGroup's FY2025 Exhibit 21 lists 'Pulte Home Company, LLC' (Michigan).
Public company 13 parcels, about 134 acresA
6

Commercial landlords

The commercial side, counted separately from housing: who holds the office, retail and industrial floor area.

Winston-Salem's large private landlords are a health-care REIT on the old tobacco district downtown, a mall REIT on the city's biggest taxable parcel, an industrial net-lease REIT in its business parks, and single-family rental platforms. The rental platforms hold more houses here than in most cities this size. Downtown office towers stand in single-purpose LLCs whose parents no opened filing names (see marquee), so they are not counted here. Figures are the County roll's total value and building square feet for parcels inside the City's limits (County GIS server, Nov 2026), grouped under entity names that the landlord's own SEC filing confirms.

NameTypeCity parcels on the Forsyth roll, Nov 2026
Ventas (Wexford Science & Technology)
The Innovation Quarter buildings: VTR LS Building 91 LLC (575 N Patterson Ave, $82.4M), VTR Building 90 Holdco LLC (525 Vine St, $32.6M), VTR Building 60 Holdco LLC (455 Vine St, $31.7M) and VTR Bailey Holdco LLC (486 N Patterson Ave, $27.7M). Ventas's FY2025 Exhibit 21 names the Holdcos and the Building 91 developer and manager entities. The largest single office or lab landlord in the city's core by assessed value.
REIT 4 parcels, 590,555 sq ft, $174.3MA
American Homes 4 Rent (AMH)
Rental houses in the names of AMH NC Properties LP (370, under four spellings), AMH 2015-2 Borrower LLC/LP (112), AMH 2015-1 Borrower LLC (55) and AMH NC Properties Two LP (27). AMH's FY2025 Exhibit 21.1 names AMH NC Properties, L.P., AMH NC Properties Two, LP and the 2015-1 and 2015-2 Borrower partnerships. The roll's 'LLC' forms of the borrower names do not match the Exhibit exactly. AMH is the largest owner of houses in the city by count.
REIT 564 houses, 945,709 sq ft, $159.2MA
CBL & Associates Properties
Hanes Mall: Hanes Mall CMBS 2026 LLC (3 parcels including the $121.1M main mall parcel, deeded 18 Mar 2026) and CBL Hanes Mall OP PropCo LLC (160 Hanes Mall Cir). Both are mailed to CBL's Chattanooga address. CBL's Exhibit 21 names CBL Hanes Mall OP PropCo, LLC. Its Q2 2026 10-Q puts Hanes Mall in the pool securing a $425M loan due 2031. Anchor parcels held by others are not counted.
REIT 4 parcels, 535,565 sq ft, $122.6MB
Realty Income
Industrial buildings held by MDC NC1 LP (6), MDC NC2 LP (5) and MDC NC3 LP (1), mailed to San Diego. They include 390 Business Park Dr (526,320 sq ft, $31.5M; bought 8 Jul 2026 for $34.5M as part of a multi-parcel deed, 69,000 stamps), 295 Business Park Dr (315,669 sq ft, $25.9M) and 4560 Kester Mill Rd (257,080 sq ft). Realty Income's FY2025 Exhibit 21.1 lists MDC NC1, NC2 and NC3, LP.
REIT 12 parcels, 1.25M sq ft, $99.6MA
National Health Investors
All in the name NHI REIT of Seaside LLC under one deed (book 3252, page 705), at Homestead Hills Dr, Homestead Club Dr and Fieldgate Forest Dr: a retirement community of a main building ($20.2M), a second building ($13.1M) and cottages. NHI's March 2026 guarantor list names NHI-REIT of Seaside, LLC. The roll does not name the operator.
REIT 78 parcels, 199,102 sq ft, $56.1MA
Invitation Homes
IH3 (18), IH2 (13), IH6 (10), IH4 (4) and IH5 (4) Property North Carolina LP, plus 2018-2 IH Borrower LP (15), 2024-1 IH Borrower LP (10) and 2018-3 IH Borrower LP (4). Invitation's FY2025 Exhibit 21.1 names IH2, IH3 and IH6 Property North Carolina, L.P. and 2018-2 IH Borrower L.P. The other names are counted on the strength of the shared naming pattern.
REIT 78 houses, $21.2MB
?

Looked for and not found

Claims this page would have made if a source could be opened. They are left out rather than guessed.

  • Who stands behind the single-purpose owners of downtown's towers: WFC Property LLC (100 North Main, Oklahoma City address), 200 West Land DST and 200 West Building LLC (200 W Second; the 2015 prospectus names an individual sponsor, who is not named here), Winston Tower LLC (Charlotte), AFF III One West Owner LLC (Atlanta) and 425 N Cherry St Property Owner LLC (Weston, FL). No opened filing names their parents.
  • Whether 100 North Main is now called 'Truist Center', as the brief suggested. Every opened source calls it 100 North Main Street, Wells Fargo Center or Wachovia Center. 'Truist' attaches in opened sources only to the ballpark (Truist Stadium, formerly BB&T Ballpark). BB&T's own Winston-Salem buildings are 200 W Second St, a ground-leased DST, and 101 N Cherry St, which is held in the name Branch Banking and Trust Company ($25.5M; 2017 deed with 44,275 stamps = $22.1M, against a roll 'last qualified sale' of $27.1M that does not match the stamps).
  • The use of 425 Cherry St (219,294 sq ft, built 1983) is not stated in any opened source.
  • FirstKey Homes: the 'FKH SFR' partnerships hold 509 City houses ($157.6M), MCH SFR entities 151 ($45.7M) and PR Borrower 28 LLC 63 ($15.5M). None of their parents was confirmed in an opened filing, so they are left out of the commercial table.
  • The Reynolds Building condominium units and some new subdivisions show a total value of 0 or 'VALUE PENDING' on the County layer. The County's property record cards (a JavaScript app) may carry fuller values but were not read.
  • Smith Reynolds Airport: the roll names the County of Forsyth under a 2022 deed, while Wikipedia gives the Airport Commission of Forsyth County. The 2022 deed was not read.
  • Winston-Salem State University's campus. The roll's 'STATE OF NORTH CAROLINA' rows do not name the institution, and there is no legal-description field on the public layer to separate them.
  • Atrium Health's position. The medical centre's parcels stand in the names of Wake Forest University Health Sciences and North Carolina Baptist Hospitals. No opened source was read on how those entities relate to Atrium Health or Advocate Health.
  • Forestar and CMH Homes parents, and the parents of WFIQ Holdings LLC (21 Innovation Quarter parcels), TBR Plant 64 Owner LLC and BRI TIP LLC.
  • The text of North Carolina's deed excise statute (G.S. 105-228.30) was not read: ncleg.gov blocked earlier records' scripts and was not retried here. The $1-per-$500 rate is shown by the County's own data, where stamps x $500 equals the last qualified sale price on the deeds quoted in this record.
  • One West Fourth's 17 Mar 2023 foreclosure deed (book 3744, page 4002; 45,000 stamps = $22.5M, coded a loan-based foreclosure) — previously from services1.arcgis.com, whose robots.txt answers 403; no other open source found (2026-11-04). The County-hosted sales layer on terraweb does not carry it, and the current roll shows only the later no-stamp deed.
  • 425 Cherry St's 15 Mar 2022 transfer (3682/960, 99,009 stamps = $49,504,500), coded a loan-based foreclosure — previously from services1.arcgis.com, whose robots.txt answers 403; no other open source found (2026-11-04).
  • Loan-based foreclosures in the City, 2021-26: 309 transfers coded '1' or 'Z' (35, 67, 55, 66, 42 and 44 by year; 294 residential, 15 commercial) — previously from services1.arcgis.com, whose robots.txt answers 403; no other open source found (2026-11-04). The County-hosted sales layer holds only 9,940 qualified and disqualified sales with no foreclosure codes.
  • Sale qualification codes on the BRI TIP ('A', two or more parcels), TBR Plant 64 ('E', related parties) and CCM Properties Five ('H', seller keeps possession or a lease) deeds — previously from services1.arcgis.com, whose robots.txt answers 403; no other open source found (2026-11-04).
  • The check that stamps x $500 equalled the stated price on 34,034 of 34,038 City transfers since 2021 — previously from services1.arcgis.com, whose robots.txt answers 403; no other open source found (2026-11-04). On the current roll, stamps x $500 match the last qualified sale price on the deeds quoted here.
§

Sources

  1. NCPTS PWA_table (Forsyth County Tax Administration): layer 1 'SDE.GISADMIN.NCPTS_PWA' table with owner name, owner mailing address, deed book-page, deed date, deed stamps, assessment method, total value, acreage, last qualified sale price, zoning, building sq ft and year built (168,487 rows), joined by REID to layer 0 tax parcel polygons (167,709); read 4 Nov 2026, 99,333 parcels with centroids inside the City of Winston-Salem's corporate limits — Forsyth County Tax Administration GIS (terraweb.co.forsyth.nc.us) · openA
  2. Corporate Limits layer (Fire MapServer layer 2): municipality polygons; 'WS' (Winston-Salem) 86,488.65 acres — Forsyth County GIS (terraweb.co.forsyth.nc.us) · openA
  3. Tax Administration, Mapping / GIS: the Mapping Section 'provides a listing of property owners, technically known as a "tax scroll," based on information obtained from real estate records in the Register of Deeds office' — Forsyth County Tax Administration · openA
  4. Tax Administration, Real Estate Appraisal / Ownership: 'Real estate appraisal records may be purchased at a cost of 50 cents per page'; 'January 1 is the day on which the value, ownership, and location of real property is determined' — Forsyth County Tax Administration · openA
  5. Geo-Data Explorer: Tax Property Portal, Tax Parcel Viewer, and 'The Forsyth Sales App provides users with Residential and Commercial Sales in Forsyth County, NC since Jan 1, 2021. Sales data in this app is updated weekly' — Forsyth County Tax Administration · openA
  6. Register of Deeds, Fees: standard document $26 first 15 pages; certified copy $5 first page, $2 each additional; uncertified copy $0.25 per page — Forsyth County Register of Deeds · openA
  7. Tax Parcel Viewer web application configuration (splash disclaimer, NCGS 153A-463) — MapForsyth (Forsyth County) · openA
  8. '100 North Main Street' (raw wikitext): 34-floor, 460 ft office tower, 'also known as Wells Fargo Center', originally Wachovia Center (1995); 'owner = WFC Property LLC'; 'A filing posted October 15, 2018, showed that WFC Property LLC of Oklahoma City purchased the building for $62 million' (citing Winston-Salem Journal, 16 Oct 2018) — Wikipedia · openB
  9. 'Winston Tower' (raw wikitext): formerly the Wachovia Building, 29 floors, completed 1966; an August 17, 2022 Register of Deeds filing shows Charlotte-based Winston Tower LLC bought the building for $14 million — Wikipedia · openB
  10. COMM 2015-DC1 Mortgage Trust prospectus supplement (424B5, 4 Mar 2015): mortgaged property '200 West Second Street' ($26,000,000 loan); 'the entire mortgaged property is ground leased to 200 West Building LLC, an affiliate of the borrower, which affiliate owns the leasehold interest ... and the improvements'; sub-tenant Branch Banking and Trust Company 'occupies approximately 94.2% of the net rentable area' and holds a right of first offer to purchase; third-tier Delaware statutory trust '200 West Beneficial Holding DST' — SEC EDGAR · openA
  11. Reynolds Building (raw wikitext): Art Deco, 314 ft, 21 floors, completed 1929 as R. J. Reynolds Tobacco Company headquarters; 'Philadelphia-based PMC Property Group ... and San Francisco-based Kimpton Hotels & Restaurants Group bought the Reynolds Building for $7.8 million'; Kimpton Cardinal Hotel (174 rooms) on the lower floors and apartments on floors 7-19 — Wikipedia · openB
  12. Ventas, Inc. Form 10-K FY2025, Exhibit 21 subsidiaries: 'VTR Building 60 Holdco, LLC', 'VTR Building 90 Holdco, LLC', 'VTR Bailey Holdco, LLC', 'VTR LS Building 91 Developer, LLC (f/k/a Wexford Building 91 Developer, LLC)', 'VTR LS Building 91 Manager, LLC', 'Wexford Winston-Salem Building 91, LLC' (filed 6 Feb 2026) — SEC EDGAR · openA
  13. Ventas, Inc. 8-K exhibit 99.2 (8 Feb 2019): Wexford Science & Technology's university-anchored portfolio includes 'Wake Forest Innovation Quarter in Winston-Salem, NC' — SEC EDGAR · openA
  14. CBL & Associates Properties, Inc. Form 10-Q for the quarter ended 30 Jun 2026: a $425.0 million non-recourse 'secured mall loan due 2031' at 7.40%, secured by a pool including Hanes Mall — SEC EDGAR · openA
  15. CBL & Associates Properties, Inc. Form 10-K FY2025, Exhibit 21 subsidiaries: 'CBL Hanes Mall OP PropCo, LLC North Carolina'; 'Hanes Mall Parcels, LLC North Carolina' (filed 3 Mar 2026) — SEC EDGAR · openA
  16. CBL & Associates Properties, Inc. 8-K exhibit 99.1, Q1 2026 supplemental: 'CONSOLIDATED ENCUMBERED ASSETS Malls: ... Hanes Mall Winston-Salem, NC' — SEC EDGAR · openA
  17. British American Tobacco p.l.c. Annual Report 2025 (6-K, 13 Feb 2026): 'our U.S. headquarters in Winston-Salem'; subsidiary list giving '401 N. Main Street, Winston-Salem, NC 27101' for R. J. Reynolds Tobacco Company, R.J. Reynolds Tobacco Holdings, Inc. and others; 'Tobaccoville Operations Centre in North Carolina' — SEC EDGAR · openA
  18. 'Truist Stadium (Winston-Salem)' (raw wikitext): 951 Ballpark Way; former name BB&T Ballpark (2010-2020); opened 10 Apr 2010; owner City of Winston-Salem; cost $48.7 million — Wikipedia · openB
  19. 'Smith Reynolds Airport' (raw wikitext): infobox 'owner = Airport Commission of Forsyth County'; general aviation airport 3 miles north-east of downtown — Wikipedia · openB
  20. 'Hanes Mall' (raw wikitext): owner and manager CBL Properties; floor area 1,435,164 sq ft — Wikipedia · openB
  21. American Homes 4 Rent Exhibit 21.1 (FY2025): 'AMH NC Properties, L.P.', 'AMH NC Properties Two, LP', 'AMH 2015-1 Borrower, L.P.', 'AMH 2015-2 Borrower, L.P.' — SEC EDGAR · openA
  22. Invitation Homes Inc. Exhibit 21.1 (FY2025): 'IH2 Property North Carolina, L.P.', 'IH3 Property North Carolina, L.P.', 'IH6 Property North Carolina, L.P.', '2018-2 IH Borrower L.P.' — SEC EDGAR · openA
  23. Realty Income Corp. Exhibit 21.1 (FY2025): 'MDC NC1, LP', 'MDC NC2, LP', 'MDC NC3, LP' (Delaware) — SEC EDGAR · openA
  24. National Health Investors, Inc. S-3ASR exhibit 22.1, subsidiary guarantors (16 Mar 2026): 'NHI-REIT of Seaside, LLC' — SEC EDGAR · openA
  25. Building Permits Survey, place files South Region 2025 and 2024 (annual): Winston-Salem, NC (2025: 1-unit 1,364 units, $330,029,819; 2-unit 0; 3-4 unit 0; 5+ units 1 building, 12 units; 12 months reported. 2024: 1-unit 1,168; 2-unit 58; 3-4 unit 37; 5+ units 65 buildings, 871 units) — U.S. Census Bureau · openA
  26. PulteGroup, Inc. Exhibit 21 subsidiary listing (FY2025): 'Pulte Home Company, LLC Michigan' — SEC EDGAR · openA
  27. LGI Homes, Inc. Exhibit 21.1 (FY2025): 'LGI HOMES - NC, LLC, a North Carolina limited liability company' — SEC EDGAR · openA
  28. Municipal Service Districts layer (TPV_Main MapServer layer 18): 'DOWNTOWN WS B I D' (MSD code DW, ordinance D-28544, effective 2014), used to select downtown parcels — Forsyth County Tax Administration GIS · openA