Moody National REIT II Inc., referred to herein as “we,” “us,” “our” or the “Company,” is a Maryland corporation formed on July 25, 2014 to invest in a portfolio of hospitality properties focusing primarily on the select-service segment of the hospitality sector with premier brands including, but not limited to, Marriott, Hilton and Hyatt. We have elected to be taxed as a real estate investment trust, or REIT, under the Internal Revenue Code of 1986, as amended, or the Internal Revenue Code, beginning with our taxable year ended December 31, 2016. We own, and in the future intend to own, substantially all of our assets and conduct our operations through Moody National Operating Partnership II, LP, or our operating partnership. We are the sole general partner of our operating partnership, and the initial limited partners of our operating partnership were our subsidiary, Moody OP Holdings II, LLC, or Moody Holdings II, and Moody National LPOP II, LLC, or Moody LPOP II, an affiliate of our advisor (as defined below). Moody Holdings II invested $1,000 in our operating partnership in exchange for limited partnership interests, and Moody LPOP II invested $1,000 in our operating partnership in exchange for special limited partnership interests. As we accept subscriptions for sales of shares of our common stock, we transfer substantially all of the net proceeds from such sales to our operating partnership in exchange for limited partnership interests and our percentage ownership in our operating partnership increases proportionally.
Company profile
Ticker
MNRTII
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
MN Fort Worth Venture, LLC • MN Lyndhurst Venture, LLC • MN REIT II TRS, Inc. • Moody National 1 Polito-Lyndhurst Holding, LLC • Moody National 2020-Grapevine Holding, LLC • Moody National Austin-GOVR Holding, LLC • Moody National Austin-GOVR MT, LLC • Moody National Broadway-Nashville Holding, LLC • Moody National Broadway-National MT, LLC • Moody National CY Lyndhurst MT, LLC ...
Latest filings (excl ownership)
10-K
2023 FY
Annual report
11 Apr 24
NT 10-K
Notice of late annual filing
2 Apr 24
SC TO-T/A
Third party tender offer statement (amended)
13 Mar 24
SC TO-T/A
Third party tender offer statement (amended)
11 Mar 24
SC 14D9/A
Tender offer solicitation (amended)
30 Jan 24
SC 14D9
Tender offer solicitation
22 Jan 24
SC TO-T
Third party tender offer statement
8 Jan 24
8-K
Regulation FD Disclosure
27 Nov 23
SC TO-T/A
Third party tender offer statement (amended)
21 Nov 23
8-K
Submission of Matters to a Vote of Security Holders
16 Nov 23
Latest ownership filings
SC 13G
Comrit Investments 1, LP
27 Nov 23
4
John P Thompson
28 Sep 17
4
CHARLES L HORN
28 Sep 17
4
WILLIAM H ARMSTRONG III
28 Sep 17
3
WILLIAM H ARMSTRONG III
28 Sep 17
3
John P Thompson
28 Sep 17
4
CHARLES L HORN
11 Aug 17
4
Clifford P. McDaniel
11 Aug 17
3
Clifford P. McDaniel
28 Apr 17
3
Brett C Moody
28 Apr 17
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 25.17 mm | 25.17 mm | 25.17 mm | 25.17 mm | 25.17 mm | 25.17 mm |
Cash burn (monthly) | (no burn) | (no burn) | 1.28 mm | 1.61 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 8.52 mm | 10.69 mm | n/a | n/a |
Cash remaining | n/a | n/a | 16.65 mm | 14.48 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | 13.0 | 9.0 | n/a | n/a |