Moody National REIT II Sells Pair of Texas Homewood Suites Amid Liquidation

Moody National REIT II, Inc., a publicly registered non-traded real estate investment trust focused on hospitality properties, ended the year by selling the hotel property – Homewood Suites Austin –  located at 4143 Governors Road in Austin, Texas, to Farmington Hotel Partners I, LLC, for an aggregate sale price of $9.4 million.

Farmington is a Texas limited liability company unaffiliated with Moody.

Earlier in the month, the REIT sold Homewood Suites Houston – located at 29813 Interstate 45, Spring, Texas – for a total sale price of $8.4 million.

These latest dispositions in Texas align with steps the REIT is taking to liquidate and dissolve the company following shareholders’ approval.

With the liquidation, the company had said it seeks to sell its remaining assets, pay its debts, and distribute proceeds to shareholders. The vote to wind down operations easily passed with the following vote: 6,969,638 voted for; 396,274 voted against; and 219,149 abstained.

Previously reported by AltsWire, Moody National REIT II agreed to sell the SpringHill Suites Seattle in Washington state to Legacy DTS LLC for $51 million, with closing expected by Dec. 2 or another mutually agreed date. The sale closed on Dec. 10.

Also, subsidiaries of the REIT entered into a purchase and sale agreement with BNS Associates LLC, an unaffiliated buyer, to sell the Hampton Inn Philadelphia in Frazer, Pa., for $10.4 million. That sale closed on Dec. 11.

Formed in July 2014 to invest in a portfolio of select-service hospitality properties with popular brands including Marriott, Hilton and Hyatt, the company had long cited the COVID-19 pandemic as having an adverse impact on its financial condition and operating results.

In response to the pandemic, the REIT terminated its public offering of common stock in March 2020 and never resumed raising capital. It also indefinitely suspended the payment of distributions to stockholders and the operation of its share repurchase program.

As of Sept. 30, 2025, the REIT reported approximately $162.5 million in total assets, a 5.1% decrease from the previous quarter’s approximate $171.2 million in total assets.

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