Moody National REIT I Declares Value at $10.75 per Share

April 1, 2016

HOUSTON, March 31, 2016 /PRNewswire/ — Moody National REIT I, Inc., (“REIT I”) a publicly registered non-traded real estate investment trust, has announced that, on March 24, 2016, its board of directors determined the estimated value per share of the Company’s stock was $10.75 per share as of December 31, 2015.

This estimated value per share is based upon the property appraisals conducted by Hospitality Valuation Services (HVS).

“We are pleased with the growth in the REIT I portfolio especially considering that the vast majority of equity was raised in the final 12 months of the offering and deployed within the last year. To overcome the load in such a short period of time reflects well on our acquisition strategy within the hospitality sector and our management team,” commented Brett Moody, CEO of Moody National Companies.

Following the determination of the valuation, the REIT I board of directors formed a special committee of independent directors to explore potential strategic alternatives for REIT I.

About Moody National REIT I, Inc.

Moody National REIT I, Inc. is a real estate investment trust that owns select-service hotels in major markets across the United States. The REIT is sponsored by Moody REIT Sponsor, LLC, an affiliate of the Moody National Companies, which is a full-service commercial real estate company inclusive of mortgage, development, realty and title divisions. Founded in 1996, Moody National Companies has managed over $2 billion in commercial real estate.

This press release contains certain forward-looking statements.  Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements and you should not place undue reliance on any such statements.  A number of important factors could cause actual results to differ materially from the forward-looking statements contained in this release.  Such factors include those described in Moody National REIT I, Inc.’s reports filed with the Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and the company undertakes no obligation to update any such statements that may become untrue because of subsequent events.  Such forward-looking statements are subject to the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.


Please contact info@moodysecurities.com for inquiries.

Logo – http://photos.prnewswire.com/prnh/20150429/212565LOGO

SOURCE Moody National REIT I, Inc.

Article Located Here

Go Back
Gordon Dunne
September 30, 2019

“Always, but especially in this day of lawsuits and ever increasing regulations, the responsibility for a financial advisor t do their own due diligence on products they sell falls squarely on themselves. No one is going to take greater interest in protecting their practice than they are. We use the Blue Vault Partners Nontraded REIT Review to keep us informed of the performance of every single nontraded REIT. Finally, complete transparency is available for advisors using nontraded REITs. Every advisor using REITs in their practice should make the small annual investment of subscribing to Blue Vault’s reporting services.”