[Houston] – Moody National Companies acquired approximately 2.4 acres in the Westchase Submarket at the corner of Beltway 8 and Westpark Drive.
Moody National Companies will develop a 142-room Hyatt Place Hotel, along with close to 6,500 square feet of hotel meeting space, on the site.
The seller, Simmons Vedder will tear down the currently-existing Tinseltown Theater in order to develop two office buildings immediately north of the subject site.
Moody National Companies was attracted to the site because of its … Click to read more...
Published: March 17, 2008 – Contact us for more further information about our recent news.
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Moody National Companies will open an Orange County office in Irvine, California, in September 2007. The office space will be located at Maine and McArthur, in the heart of the Irvine CBD.
Moody was the second-largest producing sponsor in the TIC industry for 2006, and a California office was essential to maintain their interaction with California representatives and investors, according to CEO Brett Moody.
Mary Smith will join the Moody Orange County Office as General Counsel of Securities after … Click to read more...
Published: October 1, 2007 – Contact us for more further information about our recent news.
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Moody National Companies acquired a national 19-hotel portfolio comprising 2,556 Marriott rooms primarily on the East Coast.
Moody National Mortgage Corporation sourced the financing, the bulk of which came from Citibank. Mark Elliott, with Hodges Ward Elliott, represented the seller, Concord Hospitality Enterprises Company. HVS provided third party valuation services.
With this acquisition, Moody National Companies has 68 hotels in its portfolio. Moody National Companies is actively sourcing additional select-service hospitality opportunities in the East Coast, West Coast and Sunbelt, noting … Click to read more...
Published: September 5, 2007 – Contact us for more further information about our recent news.
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Moody National Companies completed the development of TOPS Comprehensive Breast Center - a diagnostic center serving breast cancer patients. The medical office building development was equipped with state-of-the-art technological equipment.
Brett Moody, Chairman and CEO, said that Moody National is bullish on medical office buildings both from an economic and humanitarian perspective. Moody noted that demographics portend growth in demand for medical office space, while this space also provides doctors with an opportunity to save lives.
TOPS is located at 17080 … Click to read more...
Published: July 24, 2007 – Contact us for more further information about our recent news.
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