QRH Prop Five records HUD-form loan on 12.8 acres in Montgomery

QRH Prop Five LLC pledged a 12.8-acre tract in Montgomery County to Davis Penn Mortgage Co in a deed of trust recorded Oct. 28. The instrument, 2026114703, is printed on a U.S. Department of Housing and Urban Development form and runs to Dec. 1, 2068.

Why it matters

A HUD form number on a recorded deed of trust typically signals a federally insured mortgage, the kind used to finance apartment and senior-housing properties. That points to a financed residential project on this tract rather than a raw-land hold. A loan running roughly 42 years is far longer than a land or bridge loan. For builders, contractors and brokers north of Houston, it marks a site where long-term capital is already committed. The record does not name the project or say whether the loan funds new construction or refinances an existing property.

The numbers

• Instrument 2026114703, recorded Oct. 28, 2026, 52 pages.
• Borrowers: QRH Prop Five LLC and an affiliate, QRH Mgmt LLC.
• Lender: Davis Penn Mortgage Co, with Forrest David as trustee.
• Collateral: 12.8 acres in the Raleigh Rogers Survey, Abstract 33. The county index lists the same legal description twice; we count it as one tract.
• Maturity: Dec. 1, 2068.
• Form: HUD OMB approval No. 2502-0598, printed on page one.

County records also show an OCR-read principal amount of $47,052,400. The American Developer treats that figure as unverified and does not use it as a headline or lede figure.

What’s next

The deed of trust does not identify the property by name. A Montgomery County plat, an appraisal district account or a HUD project listing tied to the tract would show what the loan finances and whether units are planned or already built. We will check those records and report what they show. More capital activity across the region is tracked on the Houston market page.