Partners In Building Borrows $20M From SouthState for Collin Land

Partners In Building LP borrowed $20.0 million from SouthState Bank NA against five Collin County parcels, according to a deed of trust the county clerk recorded Oct. 13, 2026. The homebuilder signed the instrument the same day it was recorded.

Why it matters

This is bank debt at builder scale in Collin County, one of the busiest homebuilding counties in Dallas-Fort Worth. A $20.0 million note on five parcels works out to about $4.0 million of debt per parcel, far more than a single raw lot usually carries. That points to land the builder intends to develop, though the filing does not say whether the note funds construction, a land purchase or both. For lot developers and competing builders, it shows a regional bank, SouthState, writing eight-figure builder loans in the northern suburbs.

The numbers

The deed of trust secures a note with an original stated principal amount of $20,000,000.00, payable to SouthState Bank NA. The clerk recorded it as instrument 2026000136827 at 3:35 p.m. on Oct. 13. It runs eight pages, and the county indexes the collateral as five parcels. Envision Partners Title LLC handled the filing.

What’s next

Watch Collin County permit filings and the Collin Central Appraisal District roll for the pledged parcels. A building permit or a TDLR TABS registration would show what Partners In Building plans to put on the land and when. Further deeds of trust under the Partners In Building name would show whether this note is one draw in a larger Collin County pipeline. More at the Dallas-Fort Worth market hub.