Hillwood Entities Record $45.9M Frost Bank Deed of Trust in Denton
Two Alliance Gateway partnerships managed by a Hillwood entity pledged three platted parcels for the loan.
- Source Briefing
- Public record
A deed of trust recorded Nov. 9, 2026 pledges land in Alliance Gateway North, Denton County, to Frost Bank against $45,919,151 in stated principal. The borrowers are two limited partnerships, Alliance Gateway #57 and Alliance Gateway #88, with a Hillwood management entity signing as partner.
Why it matters
The filing shows a named lender secured against Hillwood’s northern Dallas-Fort Worth industrial land. The record does not say what will be built or whether the debt is new, so it is a financing signal, not a project announcement. Contractors and brokers tracking Dallas-Fort Worth pipelines should watch these lots for permits.
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The numbers
The 36-page instrument, number 129189 at the Denton County Clerk, states the debt as an original principal amount of $45,919,151.00 payable to Frost Bank. The legal descriptions cite Lot 4, Block 4 of Alliance Gateway North and Lot 5, Block 6 of Alliance Gateway North Addition, and our parcel count shows three platted parcels in all. That works out to roughly $15 million of debt per parcel on average. The record shows no sale price, because this is a lien and not a sale. The deed was executed and recorded the same day, Nov. 9, 2026, at the Denton County Clerk. The instrument does not say whether it replaces earlier debt on the same lots.
What’s next
Watch for site plans, building permits or TDLR TABS registrations on these lots, which would show the building type, square footage and cost. A release of lien or a modification would appear in the same clerk index. Until then, the scope of the project behind the loan is unreported.
Quick answers
- What is the latest on Alliance Gateway North?
- A 36-page Denton County deed of trust recorded Nov. 9 pledges three Alliance Gateway North parcels to Frost Bank for a $45,919,151 loan.
- Who is developing Alliance Gateway North?
- Hillwood, according to Denton County Clerk, deed of trust, instrument 129189.
- What are the key numbers for Alliance Gateway North?
- original principal amount: $45.9M; platted parcels pledged: 3; pages in the deed of trust: 36.
On the record
Deed of trust recorded Nov. 9, 2026 states an original principal amount of $45,919,151.00, payable to Frost Bank, secured by three platted parcels in Alliance Gateway North
Public record · denton.tx.publicsearch.us