M&A - Moody National REIT II, Inc.

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Form Type: 8-K

Filing Date: 2025-04-17

Corporate Action: Acquisition

Type: New

Accession Number: 000199937125004394

Filing Summary: On April 11, 2025, Moody National REIT II, Inc. completed the sale of the Nashville Embassy Suites hotel property located at 1811 Broadway, Nashville, TN for approximately $57,500,000. The buyer, Reade Hotel Capital LLC, is a New York limited liability company that is unaffiliated with the company. The Nashville Embassy Suites is a 208-room select service hotel. The transaction details are qualified by the purchase and sale agreement, which is referred to in this report and previously filed documents.

Additional details:

Property Address: 1811 Broadway, Nashville, TN 37203


Sale Price: 57,500,000


Buyer Name: Reade Hotel Capital LLC


Property Type: hotel


Form Type: 8-K

Filing Date: 2025-02-12

Corporate Action: Acquisition

Type: New

Accession Number: 000183988225008527

Filing Summary: On February 6, 2025, Moody National REIT II, Inc. completed the sale of two hotel properties: the Residence Inn Grapevine located at 2020 State Highway 26, Grapevine, TX for $22,500,000 and the Residence Inn Austin located at 1209 E 51st Street, Austin, TX for $20,500,000, both to MCR Hotel Acquisitions, LLC. The Residence Inn Grapevine is a 133-room hotel built in 2007, while the Residence Inn Austin is a 112-room hotel built in 2014. The document references purchase and sale agreements for both properties which are attached as exhibits to a prior 8-K report filed on December 19, 2024.

Additional details:

Property Address: 2020 State Highway 26, Grapevine, TX 76051


Sale Price: 22500000


Property Name: Residence Inn Grapevine


Num Rooms: 133


Year Built: 2007


Property Address: 1209 E 51st Street, Austin, TX 78723


Sale Price Austin: 20500000


Property Name Austin: Residence Inn Austin


Num Rooms Austin: 112


Year Built Austin: 2014


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