Two JMK5 Gemini LLCs face the same Nov. 3 Harris trustee sale

Two Harris County properties held by LLCs named “JMK5 Gemini” are both headed to the same Nov. 3 trustee’s sale, under separate notices filed with the Harris County Clerk on the same day.

JMK5 Gemini B LLC and JMK5 Gemini D LLC are separate entities holding separate deeds of trust on separate parcels. Harris County Clerk notice FRCL-2026-7381 lists JMK5 Gemini B LLC’s deed of trust, instrument RP-2023-121894, filed Oct. 7. Notice FRCL-2026-7383 lists JMK5 Gemini D LLC’s deed of trust, instrument RP-2022-303852, also filed Oct. 7. Both set the same Nov. 3 sale date. A third entity in the same naming pattern, JMK5 Gemini A LLC, also appears on the Harris trustee list with a notice filed the same day, though the recorded loan figure for that filing is not legible enough to report.

Why it matters

Entities sharing a naming convention, “JMK5 Gemini” followed by a letter, commonly split one operator’s holdings across separate single-purpose LLCs, one per parcel. The county record does not state that the two entities are commonly owned, only that they share the naming pattern and the sale date. For an operator watching distress in Harris County, two notices from a related-looking name hitting the auction the same day reads differently than two unrelated defaults landing on the same calendar by coincidence. It is a signal worth tracking through to the sale results, not a conclusion to draw now.

The numbers

The notices list original loan amounts of $2,385,000 for JMK5 Gemini B LLC and $2,500,000 for JMK5 Gemini D LLC, as machine-read from the clerk filings and not yet confirmed against the recorded deeds of trust. Combined, the two notices total roughly $4.9 million in original loan principal across two parcels, both set for the same Nov. 3 Harris County trustee’s sale.

What’s next

Both properties go to the courthouse steps on Nov. 3 under Texas’ non-judicial foreclosure process, in which a lender forecloses under the deed of trust’s power of sale rather than through a lawsuit. Whether either entity pays off, refinances or lets the parcel go to a credit bid will show up in the post-sale record. If a third-party buyer takes either parcel, or if both go back to the lender on a credit bid, that outcome will show whether the two defaults are connected. For now, two parcels and $4.9 million sit on the same clock.

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