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we were able to secure those for our theaters, so we were very happy and very pleased that we were able to continue to keep our employees on the payroll and provide them with eight weeks of consistent income,” said Dale Coleman, vice president of Stone Theatres, in August.
But later, the movie theater industry’s struggles continued as it also lobbied for federal government assistance. No further help for movie theaters nor any kind of second stimulus had come to fruition as of press time.
“I believe 2020 has been a year of surprises, one after another. Through each week, we have been presented with new challenges,” said Natalie English, president and CEO of the Wilmington Chamber of Commerce. “Some sectors of our economy have been impacted in ways that they haven’t, or may not, overcome. Others have either innovated or changed in order to survive. Still, others have capitalized on the changing economy.
“As I reflect, we’ve learned many things,” she added. “Going forward, we will need to assist small businesses, those that currently exist and those that will be created, to apply those things toward future sustainability and success.”
TOURISM TRENDS
Susan Riggs, owner of The Savannah Inn at 316 Carolina Beach Ave. North, saw nothing but negatives at the start of the pandemic when her business was shut down in March and April, a normally busy time.
“With the pandemic and everything, I really thought that this year was going to be horrible,” Riggs said.
But since May, when hotels were allowed to reopen, “I have never been busier,” Riggs said. “It’s been a bizarre year, very busy, very successful, higher rates, higher percentage of people coming and longer stays.”
The beach drew visitors even in off-season months, as people were able to work from anywhere and kids didn’t have to be physically in school to receive instruction.
“I guess people had cabin fever and they just needed to get out of the house,” Riggs said. “It’s looking like the offseason is going to be busy too. I got a lot of business over Thanksgiving. Christmas and New Year’s, I’m full.”
But success for small hotels and short-term rental owners was not indicative of the tourist industry as a whole.
FILE PHOTO BY MICHAEL CLINE SPENCER Order up: Tony Platt serves food to customers at SeaWitch Tiki Bar in Carolina Beach. Restaurants had to adapt to changing restrictions this year.
Shifts due to visitor concerns about safe travel have “created a tale of two destinations for Wilmington and Beaches,” said Kim Hufham, president and CEO of the New Hanover County Tourism Development Authority.
“During the summer months and into fall New Hanover County’s Room Occupancy Tax collections have increased over the prior year; however, the distribution is uneven,” Hufham said. “ROT at our island beaches is up over the prior year, yet Wilmington ROT remains significantly down. This is because travelers during COVID-19 are opting for wide, open spaces and vacation rentals, most of which are located at our island beaches.
“Visitors are opting for beach over urban vacations, and also because meetings, conventions, groups and events are still on hold due to gathering size restrictions, Wilmington lodging has been more negatively impacted than beach lodging.”
RETAIL UPS AND DOWNS
Wilmington lost locations for large retailers this year, some that had already been struggling and for which COVID-19 seemed to be the last straw.
They include children’s clothing retailer Justice, which had a store at Mayfaire Town Center on Military Cutoff Road and another at Independence Mall, 3500 Oleander Drive. Pier 1 Imports, another Mayfaire tenant that had a second location at Hanover Center on Oleander Drive, also closed its doors for good.
National clothing retailer SteinMart, which also had a location at Hanover Center, held its store closing sale in August.
But even as some national chains shuttered, others began welcoming Wilmington shoppers as they established a presence here. Discount grocer Lidl opened at Independence Mall on Nov. 18.
“In just under one year, Lidl has successfully opened two stores within our community,” said Wilmington Mayor Bill Saffo at the time. The other Lidl is on Eastwood Road.
The grocery store was part of a multi-million-dollar redevelopment of Independence Mall that has replaced the Sears and Sears wing with exterior-facing storefronts. Another national retailer, Five Below, joined Lidl and Dick’s Sporting Goods as one of the new mall tenants, opening in September.
STRUGGLING TO SURVIVE
The restaurant industry, which was booming in Wilmington before COVID-19, was hit especially hard by state restrictions imposed to slow the spread of the virus, from a ban on indoor dining to later only being able to open at 50% capacity.
Revenues plummeted for many establishments, and some restaurants, especially those that were struggling already, couldn’t survive. One that closed early on was downtown Wilmington restaurant and bar Stalk & Vine.
“Our 9 months of operations were riddled with a short first summer, Hurricane Dorian, the first slow winter, and then the COVID-19 pandemic,” said Stalk & Vine owner Zac Brown in a Facebook post on May 29. “The fact of the matter is Stalk & Vine didn’t have enough time to develop the foundation needed to navigate that series of events, particularly this pandemic.”
On Dec. 7, the National Restaurant Association shared its findings that 87% of full-service restaurants (independent, chain, and franchise) were reporting an average 36% drop in sales revenue.
“What these findings make clear is that more than 500,000 restaurants of every business type – franchise, chain, and independent – are in an economic free fall,” said Sean Kennedy, the association’s executive vice president for public affairs, in a letter to Congressional leadership. “And for every month that passes without a solution from Congress, thousands more restaurants will close their doors for good.”
The association reported that as of Dec. 7, 17% of all restaurants in the U.S. – 110,000 – had permanently closed.
In Wilmington, some restaurants found an outlet with outdoor dining, including downtown restaurants taking advantage of the Downtown Alive program that closed streets and allowed the eateries to use parking spaces to expand.
But restaurants need help on a much larger scale if more are going to be able to survive, according to the national association.
Kennedy said, “In short, the restaurant industry simply cannot wait for relief any longer.”
Despite the bad news, Jones sees hope for the future, especially as a vaccine is introduced.
“We’re at a point now where we can use this disruption, setting aside the way we used to do things to completely rethink, step forward and open up the options, as these technological constraints are relaxed,” Jones said. “But the social aspect of us isn’t going away. So this summer, when things start opening up, watch out, as people come to Wilmington and the beaches and head to the mountains, as we all try and fill that hole that’s sitting there from this lack of social interaction over the last year. That said, I can’t wait to get to 2021, and the opportunities that come with it.”
Send information about company hires, promotions or awards to editor@wilmingtonbiz.com Atrómitos hires Simpson
TINA SIMPSON has become a principle at Atrómitos, a women-owned management services consulting firm. In her role with Atrómitos, Simpson guides the firm’s business practic-
Simpson es “in providing its partners with support and resources in the most efficient and effective manner possible,” officials said.
Simpson is a former North Carolina assistant attorney general.
Simpson held previous roles as the executive director of a firm dedicated to assisting health care providers, and later as the chief compliance officer and director of contracts for a North Carolina-based startup population health company.
Simpson earned her Juris Doctor from the University of North Carolina at Chapel Hill School of Law and a master’s degree from UNC Gillings School of Global Public Health.
Human Capital Solutions adds Marinelli Latham
AMANDA MARINELLI LATHAM has joined Human Capital Solutions Inc. as managing director of business development. Marinelli Latham will focus on developing new business partnerships,
Latham expanding from Wilmington to the Triangle and Triad regions, officials said.
Marinelli Latham is a Wilmington native and Raleigh-area resident, supporting both markets at the firm, officials said.
She has completed an international MBA. She is also a guest speaker for N.C. State University’s graduate and undergraduate business programs.
Peedin joins realty firm
Coldwell Banker Sea Coast Advantage has added KELLY PEEDIN to its real estate team.
Peedin, who lives in Hampstead, started her real estate career two years ago, officials said.
“Kelly is a wonderful professional with superior communication skills and a long history of service to the community,” said Amy Helm, manager of the Hampstead
Peedin office of Coldwell Banker Sea Coast Advantage.
Before her transition into real estate, she worked for more than 12 years in the areas of health care management, sales, women’s health, community service and human rights.
She previously served as co-country program director with Natural Doctors International in Nicaragua and worked in laboratory management at Massachusetts General Hospital/Harvard Medical School.
Novant Health welcomes Tyson to Shallotte practice
TIFFANY “HOPE” TYSON, a board-certified family nurse practitioner, has been added to the Novant Health Oceanside Family Medicine & Convenient Care practice in Shallotte, according to a news release.
Tyson joined the clinic, which provides care for a wide range of family services, in December, officials said.
Tyson earned a bachelor’s degree in nursing and a master’s degree from the University of North Carolina Wilmington. She also completed the post-master’s family nurse practitioner program at UNCW.
LS3P adds Bramstedt
LS3P has hired MATT BRAMSTEDT to its Wilmington team. Bramstedt joins as the firm’s K-12 sector leader and comes to LS3P with over 13 years of
Bramstedt experience designing significant and award-winning projects.
“He has an extensive portfolio of work for K-12, higher education, commercial, government, and international design projects,” officials said.
He most recently was a design architect for a Michigan firm.
Bramstedt has earned both a bachelor’s degree and a master’s degree in architecture from the University of Illinois at Urbana-Champaign.
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EDITOR’S NOTE: ON THE FOLLOWING PAGES ARE RECAPS OF THE YEAR’S NEWS STORIES THAT WENT BEYOND THE CORONAVIRUS PANDEMIC. For NHRMC, a year like no other
BY SCOTT NUNN
With nothing less than its very future up for public debate, 2020 already was stacking up as the most momentous year for New Hanover Regional Medical Center since 1967, when seven infants became the first patients at the new county-owned hospital.
Not long after its first meeting in 2019, the 21-member Partnership Advisory Group – the special committee tasked with exploring future options and a possible sale of the county-owned health network – saw its work disrupted by the COVID-19 pandemic.
Beyond stalling the process and shifting deliberations to a virtual world, the unprecedented challenges of the coronavirus outbreak provided real-time lessons in the vulnerability of even a well-positioned institution such as NHRMC.
Interviews with key people involved in exploring NHRMC’s future found that the impact of the pandemic ultimately helped influence the decision to recommend selling the 7,000-employ-
BY CHRISTINA HALEY O’NEAL ly traded companies grew in 2020 with the additions of PPD Inc. (Nasdaq: PPD), a global contract research firm, and nCino (Nasdaq: NCNO), a financial technology company, to the market.
Before the year started, Wilmington-based Live Oak Bancshares was the only public firm in the region. It started trading as LOB on the Nasdaq in 2015.
PPD, headquartered in downtown Wilmington, sold 60 million shares in an initial public offering in February, raising more than $1.6 billion.
The move marked the firm’s return to the public market. PPD became a private company in 2011.
David Simmons, PPD’s chairman and CEO, said this year that the IPO helped position PPD “to continue to invest in innovation and differentiating services, from a strong financial foundation, to help our customers provide life-changing therapies and pursue our mission to improve health.”
PPD this year has also been a player in the development of COVID-19 vaccines and treatments.
FILE PHOTO BY MICHAEL CLINE SPENCER A time of change: Officials agreed this year that New Hanover Regional Medical Center should be sold to Novant Health.
ee system to Novant Health, a Winston-Salem based private, not-for-profit corporation. The NHRMC Board of Trustees and the New Hanover County Commissioners agreed, and signed off on the deal in October.
If the $5 billion deal passes regulatory scrutiny and closes – expected to take place in early 2021 – it will be governed by a private board that the Nasdaq this year.
The firm had strong results for its year-to-date revenue in its third-quarter earnings report. For the nine months ending in September, revenue increased 11% to $3.3 billion, compared to the $3 billion for the nine-month period in 2019.
Its clinical development services segment had a revenue of $2.7 billion, growing 8.3%, and laboratory services had a revenue of $622.4 million, appoints its new members.
As the sale exploration dominated the news headlines, COVID-19 remained the biggest challenge for NHRMC. Like other health care facilities, NHRMC struggled to beef up supplies of personal protective equipment and implement social-distancing, screening and other protocols. As a regional health-care facility, NHRMC growing 25.6% when compared to the nine-month period in 2019, stated the report.
The firm has more than 25,000 global employees with about 1,800 in Wilmington.
Shares of nCino, a spin-off of Live Oak Bank, soared when the firm debuted on the Nasdaq in July, offering 8 million shares. Its IPO valued the company at the time at roughly $7 billion. had to prepare not only for the 230,000 people in New Hanover County, but for six surrounding counties, as well.
After a suspension of elective surgical procedures in the early months of the pandemic, NHRMC regained some normalcy, while, at the same time, remaining prepared for a possible surge in cases of the virus.
Well before the pandemic surfaced locally, a new patient tower was going up at the main campus, on 17th Street. The addition is partially open, and NHRMC spokesman Julian March said some of its 108 beds are being used for general medical care “as a more definitive direction is determined for the future.”
NHRMC also filed a Certificate of Need request with the N.C. Department of Health and Human Services in 2020, seeking approval for a 66-bed hospital in the rapidly growing Scotts Hill area in coastal Pender County.
NHRMC also opened an outpatient lab location in Leland and expanded services offered in Brunswick County with the opening of NHRMC Cancer
Area’s public companies soar
The region’s short list of public-
FILE PHOTO Initial public offering: Wilmington-based banking software firm nCino debuted on
Services in Leland.
nCino, with more than 900 employees, has maintained rapid growth this year despite the COVID-19 pandemic. The firm, along with Live Oak Bank, also played a role in the SBA’s $525 billion Paycheck Protection Program this year. nCino in its third-quarter financials reported total revenues of $54.2 million, a 43% increase from $37.9 million in the third quarter of the previous fiscal year. Live Oak reported its 2020 third-quarter net income at $33.8 million.
Pierre Naudé, nCino’s CEO, said one of the reasons the company went public was to “get more notoriety, as well as the visibility for people in other countries to see the real nCino, and get insight into the financials, the background of the company, the description of the company, etc.”
“Because if you can imagine, if you go into Europe with a brand new company and a brand that is not known, then how do they know that the company will be around one, two, three years from now?” he said in September. “And we believe that the IPO has given us that gravitas and that notoriety.”
| TOP STORIES OF 2020 | Community talks race issues
BY VICKY JANOWSKI
George Floyd’s killing in Minneapolis on Memorial Day launched conversations about race relations across the country, including in Southeastern North Carolina.
On the heels of other high-profile cases of Black people killed this year, including Ahmaud Arbery and Breonna Taylor, Floyd’s death while in police custody sparked protests around the country. That included in downtown Wilmington, which at times over the months of daily protesting saw tense moments and use of tear gas from law enforcement, but largely avoided widespread property damage and violence that occurred in some other cities.
Floyd’s death also factored into discussions about law enforcement reforms. Wilmington’s new police chief, Donny Williams, who started the job June 24, on his first day fired three officers who were taped on video using racist language.
Williams said recently that the police department is undergoing an “internal cultural reset,” including items such as
FILE PHOTO BY MICHAEL CLINE SPENCER Seeking justice: Prompted by the killing of George Floyd in Minneapolis, protesters took to the streets of downtown Wilmington earlier this year.
bringing in policing implicit bias training; involving citizen panels to help select lieutenant and captain candidates for promotions; and partnering with the Georgetown University Law Center to implement project ABLE, or Active Bystandership for Law Enforcement, to train department personnel on ways to intervene if they see employees making mistakes such as officer misconduct.
“WPD is one of the first departments in the country to offer this program and the first in Southeastern North Carolina,” he said. “This type of training has been used for years in other industries but is new to law enforcement.”
Businesses nationally and locally responded with statements against racism, and leaders pushed companies to examine their own organizations.
“I hear our businesses putting out statements left and right … but there’s an old cliché that I live my life by: ‘You must walk the talk,’” YWCA Lower Cape Fear CEO Velva Jenkins said in June, two weeks after Floyd’s killing and the start of the protests. “If we’re going to say it and put it in writing, then we must do something.”
The events nationally did prompt some companies to seek out implicit bias training and look at the diversity of their hiring and promoting practices.
Others in Wilmington, which has its own complicated history on race and discussions around the 1898 massacre, are working to help grow the area’s base of minority business owners.
Backed by investment from CastleBranch, Genesis Block launched this year to create programs to help minority- and women-owned businesses, including a searchable directory of Black-owned businesses in the region.
“Our goal is to have 1,000 of these companies by the end of 2021,” Girard Newkirk, who along with his wife, Tracey, co-founded Genesis Block, said about the Genesis List directory.
| TOP STORIES OF 2020 | Home sales remain on the rise
BY CECE NUNN
While other industries struggled this year after the coronavirus pandemic shut the economy down in March, real estate remained strong throughout the year, helping to keep the economy moving forward, said Anne Gardner, CEO of Cape Fear Realtors.
“We’ve seen strong growth in our region year-over-year, with an increase of 20.8% in closed sales, 24.5% in pending sales and 4.6% in new listings,” Gardner said Dec. 9.
Tom Gale, who will be president of CFR in 2021, said Realtors “have done an incredible job pivoting from their once in-person business transaction to a much more virtual working environment. They are now using video for home tours, open houses and client meetings.”
Even in a usually slow time for home sales, the Cape Fear region’s residential real estate numbers were climbing.
According to a CFR news release, November activity showed increases in all major categories, including closed sales (up 36.7% over November 2019), BY JENNY CALLISON 2020, and then a bust when COVID-19 shut it down in March, film activity has come roaring back to Wilmington in the second half of this year.
“We have not been this busy in years,” Bill Vassar, executive vice president at EUE/ Screen Gems in Wilmington, said Dec. 8.
Johnny Griffin, director of the Wilmington Regional Film Commission, put a number to that.
“Our last big year was 2014 when local projects spent $270 million,” he said this month. “We have not been near that – even half that – since then.”
After a very strong 2019 that carried over into the early months of 2020, the outlook is much improved now, thanks to strict coronavirus protocols governing how filming is done, and both Vassar and Griffin are optimistic.
Guy Gaster, director of the N.C. Film Office, concurs.
As of Dec. 9, five projects were underway or just wrapping in the area: feature films Scream 5 (dubbed Parkside during its production phase),
PHOTO BY CECE NUNN Sales up: The yard in front of a house near Mayfaire held a “for sale” sign recently.
pending sales (up 44.5%) and new listings (7.9%).
Gardner said the median price in November for both townhouse/condo and single-family homes was $281,810 which is an increase of 10.9% over last year.
“Although we can’t predict what the future will hold, we are certain ington in September. as well as TV series Hightown and This Country.
Earlier this fall, Hallmark Movies & Mysteries’ USS Christmas filmed part of its television movie here before moving to Charleston, South Carolina, for the remainder of the project.
“Parkside is wrapping and will be out mid-December,” Vassar said. that mortgage rates and inventory will remain low, continuing to drive buyer demand,” stated Tony Harrington, CFR president, in the release. “I believe this winter will be one of the strongest [for] sales activity we’ve ever seen.”
Gardner said mortgage rates have “motivated first time homebuyers and current homeowners looking for a FILE PHOTO BY MICHAEL CLINE SPENCER “Hightown producers are encouraged; it should be very successful, based on the way it looks and is testing. Static is moving in. The crew will build the sets in January and shooting will start in February.
“International Space Station has moved into offices here and is building sets on two of our stages. It should change.”
Millennials were the largest group of homebuyers in 2020 and were driving competition for single-family homes.
Gardner said, “Remote working is also a strong factor with buyers having the ability to live and work outside of major metropolitan areas.”
In Brunswick County alone, the residential real estate market also saw sharp increases in both homes sold and total sales volume in November, including the highest number of homes sold in any November on record.
“Total sales volume spiked 59.6% last month compared to November 2019, and the number of homes sold jumped 38.4%,” according to a Brunswick County Association of Realtors news release. BCAR CEO Cynthia Walsh said on Dec. 9, “Our market has remained incredibly strong and consistent despite the adversity 2020 has thrown our way. Pending sales are up, homes are selling for more than the asking price, and we are only $72 million dollars away from hitting $2 billion in total residential
Film activity finishes strong in 2020
After a promising start in early
Static and International Space Station,
And action: Crews filmed the Hallmark movie USS Christmas in downtown Wilm-
home sales this year.” shoot starting in February.”
This Country, a Lionsgate Television project for the Fox Network, recently received the go-ahead to produce 14 episodes, according to Griffin.
The project, which is not using EUE/ Screen Gems facilities, planned to take a break for the holidays and return in early January, he added.
“This Country was one of the pilots that attempted to shoot here in the spring,” Griffin said. “They were able to shoot only part of one day before things were shut down, but they were happy with their experience here and the project was given the go-ahead.”
All six projects will receive N.C. Film and Entertainment grants, said Gaster.
Information about three of those grants was released in September; the most recent three are still in discussions with the N.C. Department of Commerce to determine the amount of their potential grant eligibility, he added.
USS Christmas is eligible to receive a grant rebate up to $1.1 million; Parkside could receive as much as $7 million; and the second season of Hightown has been approved for up to $12 million.
FILE PHOTO BY MICHAEL CLINE SPENCER Voter changes: New Hanover County Board of Elections workers fielded more absentee ballots this year.
A look at unique election results
BY SCOTT NUNN
New Hanover County voters leaned Democratic at the top of the ticket in the 2020 General Election, but, as with many other states and locales, the coattails of federal and statewide candidates didn’t extend far into races closer to home. Two open seats on the county board of commissioners remained occupied by Republicans, and the GOP fared well in the area’s General Assembly elections.
As with much of everything else in the Year of COVID, the 2020 general election was one like no other – not so much in its final outcome but in how the results actually were reached.
Consider this: In New Hanover County, of the nearly 132,000 total votes, only about 17,000 were cast on Election Day. In a pattern that played out nationwide, supporters of Donald Trump came out in force on Election Day. The president received 9,853 votes in New Hanover County on Nov. 3, easily beating Joe Biden’s 6,426. Trump also won the in-person early voting (technically considered absentee), with about 46,000 votes compared to about 40,000 for Biden.
Absentee by-mail voting was a completely different story, however, with Biden receiving about 19,600 votes compared to about 7,300 for Trump, enough for Biden to win the county by a 2% margin. (Trump carried North Carolina by a margin of 49.9% to 48.6%, winning 75 of the state’s 100 counties. Biden won in all of North Carolina’s largest counties).
Compare the 2020 methods of voting to 2016, when only about 5,000 votes were cast absentee by-mail (number split almost exactly half for Trump and opponent Hillary Clinton). Most voting in 2016 still was via in-person early voting (70,343) and 35,668 voted on Election Day.
A similar scenario also played out in New Hanover County in the race for governor, with Republican Dan Forest getting the most votes on Election Day (9,213 compared to Roy Cooper’s 6,973) as well as from early voting (43,454 to 42,053). Cooper’s 20,338 to 6,451 margin in absentee by-mail votes easily got him re-elected by a comfortable margin of 53% to Forest’s 45%. Statewide, Cooper’s margin was 51.5% to Forest’s 47%.
New Hanover County voters also favored Democrat Cal Cunningham over incumbent Thom Tillis for U.S. Senate, although by a razor-thin 287 votes. Statewide, Tillis won, with a 49% to 47% margin.
Rep. David Rouzer was easily re-elected to represent North Carolina’s 7th District in the U.S. House. But, once again, New Hanover County was an outlier – Rouzer’s 20% margin of victory over Democrat Chris Ward was achieved with only a 3% advantage in New Hanover.
In local races, Woody White and Pat Kuseck didn’t seek re-election as county commissioners, but fellow Republicans Bill Rivenbark and Deb Hays were elected to the five-member board. Jonathan Barfield barely defeated former commissioner Skip Watkins to keep Democrats in control, though Democratic board member Julia Boseman has at times voted with the other side on key issues, such as the NHRMC sale.
April 29th, 2021 • 11:00AM • Wilmington Convention Center
> Call for Entries for
Commercial Real Estate Awards!
Submit your project/deal for consideration. Membership not required – open to ALL. Deadline January 29th, 2021 • www.capefearcrew.org
Dealmaker Award
Recognizes a person or team who demonstrated excellence, resourcefulness, collaboration and industry best practices while working on a successful transaction.
Economic & Community Enhancement Award
Honors projects that promote economic development and/or enhance communities by improving quality of life and fostering the overall social and economic interest of those communities.
Best Interior Award
Recognizes exceptional interior design and the intentional and impactful design decisions that were part of a project in the Cape Fear Region.
Career Advancement for Women Award
Recognizes a company or individual who consistently exemplifies Cape Fear CREW’s commitment to elevating the status of women by supporting the advancement of the careers of women and who has shown leadership in encouraging and promoting women within the leadership team.
Placemaking Award
Recognizes a team who worked together on a development, major renovation, or redevelopment project in the Cape Fear Region that demonstrates excellence in functionality, aesthetics and relationship to surroundings.
Evolve Award
Awarded to a company or team that has efficiently and successfully adapted their business strategies and practices in response to the COVID-19 health crisis and has evolved their business model and achieved success with it.
* Projects/Deals need to have achieved Certificate of Occupancy or substantial completion between January 1, 2019 and December 31, 2020 to be eligible for submission and must be located in New Hanover, Brunswick, Pender, Onslow, Duplin, Sampson, Columbus or Bladen counties.
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Thank you to our committed Partners for 2021: Presenting Partner Gold Partners Live Oak Bank The Braddock Group LLC Platinum Partner Logan Homes Southern Sign Company Theory & Practice Productions Award Partner Highland Roofing Company Silver Partners Capital Design First National Bank Parking Partner North Carolina’s Southeast Wade Associates Bronze Partners KW Communications Clarendon Properties