AO Retail Phase I Records a $40M One-Year Loan in Medina County

Why it matters

A 12-month maturity on $40 million is short-term capital, the kind used to carry land or a first phase of construction until longer financing replaces it. Both parties are limited partnerships, so this is private capital rather than a bank or insurer loan. For lenders and contractors, the maturity date is the clock to watch. See our San Antonio market hub for other recorded debt in the region.

The numbers

• Loan: $40,000,000 original principal, read on the recorded instrument.
• Maturity: Oct. 28, 2027, a one-year term from the date of the deed.
• Collateral: a survey tract of 16.383 acres, which works out to about $2.4 million of principal per acre.
• Document: 11 pages, recorded Oct. 30, 2026.

What’s next

The record gives no street address or project name for the tract, and we could not match it to a named development from the instrument alone, so we do not attach one. A construction permit, a plat or a release of lien in Medina County would show what is being built and whether the loan is refinanced before its Oct. 28, 2027 maturity. We will report either when it is recorded.