Culebra Market Owner Records a $31.9M Nationwide Life Loan
A $31.9M deed of trust recorded Nov. 2, 2026 in Bexar County puts Nationwide Life as lender on eight lots in the Culebra Market subdivision.
Illustration- Source Briefing
- Public record
A life insurer is lending $31.9 million against a block of retail lots in the Culebra Market subdivision. Bexar County recorded the deed of trust on Nov. 2, 2026, with Nationwide Life Insurance Company as lender and REIGL Culebra Market LP as borrower.
The instrument is number 20260214801 and runs 26 pages. It states an original principal sum of $31,900,000, with interest on the loan, and was recorded at 4:28 p.m. the same day it was dated.
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Why it matters
Life insurers typically lend against income-producing property, so a $31.9 million loan from one is a data point on who is still writing debt for San Antonio retail. Brokers and owners comparing lenders can see that a national insurer, not a local bank, holds this paper. Recorded debt of this size also resets the baseline for any future sale of the lots, since a buyer would need to assume or retire it.
The numbers
- Loan: $31,900,000 original principal, read on the recorded instrument.
- Collateral: Five legal-description entries in Culebra Market, Block 4, NCB 17640, covering eight lots in all.
- Document: 26 pages, recorded Nov. 2, 2026 at 4:28 p.m.
- Borrower: a Delaware limited partnership formed May 11, 2023, in good standing with the right to transact business in Texas, with a Dallas mailing address, per the Comptroller’s franchise tax record.
The deed does not list a rate, term or maturity on the pages indexed publicly, so we do not report them. Texas deeds also carry no sale price, and this filing is a financing, not a purchase.
What’s next
The next filings to watch are a release of any prior lien on the same lots, which would show whether this loan refinanced an earlier one, and any assignment of the note. Both would appear in the Bexar County clerk’s index under the same Culebra Market legal descriptions. We will report either if it is recorded. For other Bexar County debt and deed activity, see our San Antonio market hub.
Quick answers
- What is the latest on Culebra Market?
- A $31.9M deed of trust recorded Nov. 2, 2026 in Bexar County puts Nationwide Life as lender on eight lots in the Culebra Market subdivision.
- What are the key numbers for Culebra Market?
- loan amount: $31.9M; lots pledged: 8; pages recorded: 26.
- Where does the information on Culebra Market come from?
- The story cites Bexar County Clerk, instrument 20260214801 and Texas Comptroller franchise tax record, REIGL Culebra Market LP.
On the record
Bexar County instrument 20260214801, a 26-page deed of trust recorded Nov. 2, 2026 at 4:28 p.m., states an original principal sum of $31,900,000 owed by REIGL Culebra Market LP to Nationwide Life Insurance Company; amount read on the recorded instrument
Public record · bexar.tx.publicsearch.us
Primary record
- Public recordThe instrument's legal descriptions cover five Culebra Market subdivision entries (Block 4, NCB 17640) that together list eight lotsView the record on bexar.tx.publicsearch.us
- Public recordComptroller record shows the borrower is a Delaware limited partnership formed May 11, 2023, with an active right to transact in Texas and a Dallas mailing addressView the record on comptroller.texas.gov