Moody National REIT II, Inc. Enters Material Definitive Agreement
| Field | Detail |
|---|---|
| Company | Moody National Reit II, Inc. |
| Form Type | 8-K |
| Filed Date | Sep 19, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $11,000,000, $51,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement
TL;DR
Moody National REIT II, Inc. signed a big deal, details TBD.
AI Summary
On September 15, 2025, Moody National REIT II, Inc. entered into a material definitive agreement. The filing does not disclose the specific details of this agreement, such as the counterparty or the financial implications.
Why It Matters
This filing indicates a significant new contract or partnership for Moody National REIT II, Inc., which could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — The lack of specific details about the material definitive agreement introduces uncertainty regarding its potential impact on the company.
Key Players & Entities
- Moody National REIT II, Inc. (company) — Registrant
- Moody National Companies (company) — Principal executive offices
FAQ
What is the nature of the material definitive agreement entered into by Moody National REIT II, Inc.?
The filing states that Moody National REIT II, Inc. entered into a material definitive agreement on September 15, 2025, but does not provide specific details about the agreement itself.
Who is the counterparty to this material definitive agreement?
The filing does not disclose the name of the other party involved in the material definitive agreement.
What is the effective date of this material definitive agreement?
The earliest event reported, which is the entry into the material definitive agreement, is dated September 15, 2025.
Does the filing provide any financial terms or obligations related to the agreement?
No, the filing does not specify any financial terms, amounts, or obligations associated with the material definitive agreement.
Is this agreement expected to have a significant impact on Moody National REIT II, Inc.'s business?
The filing classifies the agreement as 'material,' suggesting it is expected to have a significant impact, though the exact nature of this impact is not detailed.
Filing Stats: 759 words · 3 min read · ~3 pages · Grade level 14.7 · Accepted 2025-09-19 16:18:20
Key Financial Figures
- $11,000,000 — aser for an aggregate purchase price of $11,000,000, subject to certain customary offsets a
- $51,000,000 — aser for an aggregate purchase price of $51,000,000, subject to certain customary offsets a
Filing Documents
- mnreii-8k_091525.htm (8-K) — 28KB
- 0001999371-25-013678.txt ( ) — 189KB
- mnreii-20250915.xsd (EX-101.SCH) — 3KB
- mnreii-20250915_lab.xml (EX-101.LAB) — 33KB
- mnreii-20250915_pre.xml (EX-101.PRE) — 22KB
- mnreii-8k_091525_htm.xml (XML) — 4KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. Hyatt Place Germantown On September 15, 2025, subsidiaries of Moody National REIT II, Inc. (the "Company") entered into an Agreement of Purchase and Sale (the "Germantown Sale Agreement") with United International Group, LLC, a Delaware limited liability company unaffiliated with the Company (the "Purchaser"). Pursuant to the Germantown Sale Agreement, the Company has agreed, subject to the terms and conditions of the Germantown Sale Agreement, to sell all of the Company's rights and interests in the hotel property located at 9161 Winchester Road, Germantown, Tennessee 38125 (the "Hyatt Place Germantown") to the Purchaser for an aggregate purchase price of $11,000,000, subject to certain customary offsets and credits thereto as set forth in the Germantown Sale Agreement. The closing of the sale of the Hyatt Place Germantown will occur, subject to the satisfaction of all closing conditions set forth in the Germantown Sale Agreement, on or before thirty (30) days following October 15, 2025 or such later date as is mutually agreed to by the Company and the Purchaser. There is no guarantee that the closing of the sale of the Hyatt Place Germantown will occur on the terms described herein or at all. Springhill Suites Seattle On September 15, 2025, subsidiaries of the Company entered into a Purchase and Sale Agreement (the "Seattle Sale Agreement") with Legacy DTS, LLC, a Washington limited liability company unaffiliated with the Company (the "Seattle Purchaser"). Pursuant to the Seattle Sale Agreement, the Company has agreed, subject to the terms and conditions of the Seattle Sale Agreement, to sell all of the Company's rights and interests in the hotel property located at 1800 Yale Avenue, Seattle Washington 98101 (the "Springhill Suites Seattle") to the Seattle Purchaser for an aggregate purchase price of $51,000,000, subject to certain customary offsets and credits thereto as set forth in the Seattle Sale A