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Development / Houston / 1 min

Bank of America lends up to $11M on Kingwood hotel site

A Montgomery County deed of trust secures up to $11.0 million from Bank of America against a Kingwood hotel site on the Insignia Kingwood Development plat.

·1 min
$11.0MLOAN AMOUNT
2PARCELS PLEDGED

Houston Kingwood Hotel LLC pledged a Kingwood hotel site to Bank of America N.A. to secure up to $11.0 million, according to a deed of trust recorded with the Montgomery County Clerk on Oct. 13, 2026. The instrument, No. 2026109034, covers two parcels in Reserve A of the Insignia Kingwood Development plat, in Houston’s Kingwood community on the Harris-Montgomery county line.

Why it matters

The plat name points to a known hotel. A 2023 Texas Department of Licensing and Regulation TABS record lists Insignia Kingwood Development LP as owner of the Kingwood Courtyard at 130 N. Park Plaza Dr., filed for a balcony removal and roof-bracing job. The deed itself does not name a hotel brand or say whether Insignia still controls the borrower. For lenders and brokers working Houston hotel debt, it is a fresh bank placement on an existing Kingwood hospitality asset.

The numbers

  • Up to $11.0 million: the maximum principal secured, written in the recorded instrument as “Eleven Million and No/100 Dollars ($11,000,000.00).” PRLAP Inc. is named as trustee.
  • 2 parcels pledged, both in Reserve A of the Insignia Kingwood Development plat, Abstract 405.
  • Recorded Oct. 13, 2026, as instrument No. 2026109034, document 331594532 on the county portal.

What’s next

The deed states no maturity date or use of proceeds, so whether the money refinances existing debt, funds an acquisition or pays for renovations is not on the record. A matching deed transfer, a TABS filing for new work or a release of lien in Montgomery County records would answer it.

On the record

Primary record

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