Moody National REIT II enters agreements to sell two hotel properties

Moody National REIT II, Inc. has entered into agreements to sell two of its hotel properties, according to a statement released in a recent SEC filing.

On Monday, subsidiaries of Moody National REIT II agreed to sell the Hyatt Place Germantown, located at 9161 Winchester Road, Germantown, Tennessee, to United International Group, LLC, an unaffiliated Delaware limited liability company. The agreed aggregate purchase price for the property is $11 million, subject to customary offsets and credits as outlined in the agreement. The closing of this transaction is expected to occur on or before thirty days following October 15, 2025, pending the satisfaction of all closing conditions or such later date as may be mutually agreed by both parties. The company stated there is no guarantee that the sale will close on the described terms or at all.

Also on Monday, the company’s subsidiaries entered into a separate agreement to sell the Springhill Suites Seattle, located at 1800 Yale Avenue, Seattle, Washington, to Legacy DTS, LLC, an unaffiliated Washington limited liability company. The purchase price for this property is $51 million, also subject to customary offsets and credits. The closing is scheduled to occur on or before December 2, 2025, or a later mutually agreed date, subject to the satisfaction of all closing conditions. The company noted that the completion of the Springhill Suites Seattle sale is not contingent upon the closing of the Hyatt Place Germantown transaction, and vice versa.

Moody National REIT II, Inc. does not have securities listed on a national securities exchange. The information is based on a statement issued in the company’s Form 8-K filing with the Securities and Exchange Commission.

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