HOUSTON – Moody National REIT II, a Houston-based hotel REIT, acquired the Marriott SpringHill Suites Hotel in Seattle for $74.1 million.
Moody National Cos., led by CEO Brett Moody, recently purchased the 164-unit Le Renaissance apartments on the Katy Freeway near Houston’s Bunker Hill Road. Long-range plans call for the prime apartment site to be redeveloped as a mixed-use project.
Moody also recently purchased a Hampton Inn hotel at 11333 Katy Freeway in Houston.
June 1, 2016