Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Moody National REIT II, Inc. completed a disposition involving MCR Hotel Acquisitions, LLC for $22,500,000 (closed 2025-02-06).
- Action
- disposition
- Counterparty
- MCR Hotel Acquisitions, LLC
- Consideration
- $22,500,000
- Closing
- 2025-02-06
Exact text from the filing
On February 6, 2025, Moody National REIT II, Inc. (the “Company”) sold the hotel property located at 2020 State Highway 26, Grapevine, TX 76051 (the “Residence Inn Grapevine”) to MCR Hotel Acquisitions, LLC, a Delaware limited liability company unaffiliated with the Company (the “Purchaser”), for an aggregate sale price of $22,500,000.
View on SEC.gov
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Moody National REIT II, Inc. completed a disposition involving MCR Hotel Acquisitions, LLC for $20,500,000 (closed 2025-02-06).
- Action
- disposition
- Counterparty
- MCR Hotel Acquisitions, LLC
- Consideration
- $20,500,000
- Closing
- 2025-02-06
Exact text from the filing
On February 6, 2025, the Company sold the hotel property located at 1209 E 51st Street, Austin, TX 78723 (the “Residence Inn Austin”) to the Purchaser for an aggregate sale price of $20,500,000.
View on SEC.gov