SMBC lends $107.5M against Richardson CityLine lot, Collin deed shows
The borrower is AREIT Dallas CityLine LLC. The record carries a loan amount but no purchase price.
A $107.5M deed of trust to Sumitomo Mitsui Banking Corporation (SMBC) was recorded in Collin County on Oct. 1, 2026, on a lot in the CityLine district of Richardson. For a lender or broker working the Richardson office and mixed-use corridor, it is a fresh data point on who is financing there and at what size.
Why it matters
The borrower on the record is AREIT Dallas CityLine LLC, and the lender is SMBC. The recorded instrument shows who holds secured debt on that lot. The record does not name an operating brand, a building or a project, so we do not attach one.
The legal description reads Lot 1, Block A, Bush Central Station West Addition, Richardson. That places the collateral in Richardson, not in the city of Dallas, even though the Comptroller lists the entity’s mailing address at 1999 Bryan St. in downtown Dallas.
The numbers
- Loan amount: $107.5M, read from the recorded document.
- Instrument: 2026000132144, dated Sept. 30, 2026, recorded Oct. 1, 2026.
- Purchase price: not on the record. Texas deeds do not carry one, so the loan is the only sizing figure available.
- Comptroller: the LLC is listed with a Delaware formation, a Texas registration dated Nov. 26, 2025 and no officers. Its right to transact business in Texas shows as forfeited, a franchise-tax status flag that is worth a follow-up but says nothing about the loan itself.
- A sister entity, AREIT Dallas CityLine LP, lists a general partner at 518 17th St. in Denver. No document we reviewed names the parent company, so we make no sponsor claim.
What’s next
Watch for a release of lien or an assignment on the same instrument, and for any building permit or TDLR registration on the lot that would show what is being built or held. Related deed-of-trust coverage: 23Springs in Uptown Dallas, $105M from Bank OZK. More in our Dallas market hub.
On the record
What we checked ourselves, and where you can check it too.
- Public recordDeed of trust dated Sept. 30, 2026 and recorded Oct. 1, 2026 secures $107.5M on Lot 1, Block A, Bush Central Station West Addition, RichardsonView the record on collin.tx.publicsearch.us
- Our dataComptroller lists a sister entity, AREIT Dallas CityLine LP, whose general partner carries a Denver, Colorado address; the LLC's own officers are not listedView the record on comptroller.texas.gov
On the record
- Primary recordCollin County Clerk deed of trust, instrument 2026000132144AREIT DALLAS CITYLINE LLC to SUMITOMO MITSUI BANKING CORPORATION
- Primary recordTexas Comptroller franchise-tax record, AREIT DALLAS CITYLINE LLCTaxpayer 32103234277
- Primary recordTexas Comptroller franchise-tax record, AREIT DALLAS CITYLINE LPTaxpayer 32084128753