Garland's Reserve at Shiloh Records $10.5M Grandbridge Loan
A $10.46M Grandbridge deed of trust and a Garland Housing Finance Corporation deed both hit Dallas County records for Reserve at Shiloh.
Illustration- Source Briefing
- Public record
- Also reported by Reserve at Shiloh leasing page
A $10.46 million deed of trust and a warranty deed to the Garland Housing Finance Corporation were both recorded in Dallas County this week against Reserve at Shiloh, an apartment community at 1102 N. Shiloh Rd. in Garland. The lender is Grandbridge Real Estate Capital.
Why it matters
Two instruments signed on the same day, Oct. 30, 2026, point to a financing and ownership event at one property. The deed of trust secures the loan. The warranty deed moves Lot 2R of the Reserve at Shiloh subdivision to the Garland Housing Finance Corporation, a public entity. The recorded documents we reviewed do not say why the title moved or what role the corporation will play, so we do not characterize the arrangement.
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For builders and lenders, the pairing is a signal to watch. Public housing finance corporations in Texas are sometimes used as ownership partners in affordable multifamily deals, and a long-dated loan alongside such a conveyance is worth tracking in Dallas-Fort Worth affordable pipelines. Whether that structure applies here is not stated in the record.
The property’s leasing site lists one-, two- and three-bedroom plans of 653 to 1,103 sq ft and income guidelines tied to HUD tax-subsidy limits. It does not name an owner or developer, and neither does the clerk record, so no developer is attributed in this report.
The numbers
- Deed of trust: $10,460,000 principal amount, instrument 202600236859, recorded Nov. 4, 2026, 40 pages.
- Lender: Grandbridge Real Estate Capital LLC. Borrower: Reserve at Shiloh LLC.
- Maturity: Nov. 1, 2041, a 15-year term from the signing month.
- Collateral: Lots 2R and 3, Block 1, Reserve at Shiloh, Garland, three parcels in all.
- Warranty deed: instrument 202600236031, recorded Nov. 3, 2026, grantor Reserve at Shiloh LLC, grantee Garland Housing Finance Corporation. This deed states no price, so none is reported.
What’s next
Watch Dallas County records for a ground lease, a regulatory agreement or a memorandum tied to the corporation, any of which would explain the structure. A release of lien or assignment of the loan would also appear in the clerk index. For more Garland activity, see our earlier report on Saturn Road tax-sale distress.
On the record
Deed of trust dated Oct. 30, 2026 and recorded Nov. 4, 2026 secures a $10,460,000 principal amount in favor of Grandbridge Real Estate Capital, maturing Nov. 1, 2041, on Reserve at Shiloh Lots 2R and 3, Block 1, Garland
Public record · dallas.tx.publicsearch.us
Primary record
- Public recordWarranty deed dated Oct. 30, 2026 and recorded Nov. 3, 2026 conveys Reserve at Shiloh Lot 2R, Block 1 to the Garland Housing Finance Corporation; the Texas deed carries no priceView the record on dallas.tx.publicsearch.us
Also reported by
- Reserve at Shiloh leasing pagepivotal-communities.com/es/properties/reserve-at-shiloh