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Moody National REIT II Inc., a publicly registered non-traded real estate investment trust, announced that its board of directors determined an estimated value per share of $25.03 for the company’s common stock, as of October 31, 2015.
“In an effort to provide transparency for investors, we elected to value our shares. We are pleased that the estimated value highlights the successful execution of our strategy to date,” said Brett Moody, chief executive officer of Moody National REIT II.
The estimated value per share is based on the estimated value of the company’s assets less the estimated value of the company’s liabilities divided by the number of outstanding shares of the company’s common stock.
View the full article at DI Wire here…
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