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Cambria Hotel Austin Downtown

Hotel in Austin, TX · sponsored by Moody National

HistoricalLast Form D, filed Aug 12, 2024, reports the offering fully sold (opens in a new tab)

Cambria Hotel Austin Downtown was a DST sponsored by Moody National that owned a hotel in Austin, TX (212 keys). Its last Form D, filed Aug 12, 2024, reports the offering fully sold.

How it ended

No outcome recorded · under 7 years

The last Form D, filed Aug 12, 2024, reports the offering fully sold.

Moody National has 1 active offering on record →

Key facts

Minimum investment
$25,000
From the Form D
Offering size
$87,200,000
Equity offered, per the Form D
Sold
100%
Form D, Aug 12, 2024; the % is our arithmetic
Investors reported
292
Form D, Aug 12, 2024
Selling commissions
$6,718,821 · 7.7% of offering
Form D Item 15; the % is our arithmetic
Financing
All cash. This offering reports no mortgage debt.
How it is financed ↓
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.

Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →

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Ask a 1031 specialist about this recordFree. About: Cambria Hotel Austin Downtown. Top1031 is not a broker-dealer.
Cambria Hotel Austin Downtown image

Cambria Hotel Austin Downtown · Austin, TX · Photo: choice.cdn.tambourine.com

What did Cambria Hotel Austin Downtown own?

Texas licensing records show the hotel at 68 East Avenue was newly built — construction started October 1, 2019, inspection completed April 5, 2023 — covering 172,000 square feet of rooms, parking and amenities. 2 It opened in 2023 in Austin's Rainey Street district. 3 Primary records do not confirm the Trust owns it; reporting has credited Pacific Hotel Austin as developer-owner and Azul Hospitality Group as manager. 4

Reported location
Austin, TX
Property size
212 keys

How was it financed, and what did it cost to sell?

Leveraged means mortgage debt sits above investor equity, so lender terms bind the property. Connect CRE reported on August 27, 2024 that a $48.75 million recapitalization closed with bridge financing from Benefit Street Partners, arranged by Hunter Hotel Advisors, with proceeds paying off the construction lender and funding an upfront reserve. 6

Debt

Financing
All cash. This offering reports no mortgage debt.

Costs and terms from the Form D

Selling commissions
$6,718,821 · 7.7% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$10,077,240 · 11.5% of offering
Form D Item 16
· The filing’s note: “$2,102,952 of carrying costs will be paid to an affiliate of the Manager from offering proceeds and an affiliate received a transaction consulting fee which was not paid from offering proceeds.”
Broker-dealers named in the Form D
23 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Oct 14, 2022
Minimum investment
$25,000

Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together. The issuer marked these amounts as an estimate.

What does the SEC record show?

Three filings carry the record: an initial Form D at launch reporting no sales yet, a 2023 amendment showing the raise underway, and a 2024 amendment reporting the offering complete. 7 The 2023 amendment dates the first sale to October 14, 2022. 8 Rule 506(b) means no general advertising — sales only to accredited investors the sponsor already knew.

Legal Trust name
Moody Rainey DWTN Austin DST
SEC CIK
1950127
First Form D
Oct 11, 2022
Latest Form D
Aug 12, 2024
Filings on record
3
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount soldInvestors
Form D/A$87,200,000
$87,200,000+$29,458,850
292+90
EDGAR
Form D/A$87,200,000
$57,741,150+$57,741,150
202
EDGAR
Form D$87,200,000
$0
EDGAR

Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.

A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.

Common questions

What happened to Cambria Hotel Austin Downtown?
Cambria Hotel Austin Downtown is a Historical offering. The last Form D, filed Aug 12, 2024, reports the offering fully sold.
What property is behind this Trust?
The Cambria Hotel Austin Downtown, a 212-key hotel at 68 East Avenue in Austin's Rainey Street district, appears to be the underlying asset. Be aware that primary public records do not reconcile the Trust with the hotel's title: separate reporting has attributed ownership to Pacific Hotel Austin, management to Azul Hospitality Group, and development and refinancing work to Stratus Development Partners. Confirm the ownership chain in the offering documents.
What happened with the hotel's debt in 2024?
Connect CRE reported on August 27, 2024 that Hunter Hotel Advisors arranged a $48.75 million recapitalization of the 212-key hotel, with bridge financing from Benefit Street Partners secured by Stratus Development Partners in collaboration with Choice Hotels International. Proceeds paid off the construction lender and funded an upfront reserve.
Is there a 721 or UPREIT exit path?
No. The record for this Trust shows no 721/UPREIT conversion feature, meaning there is no disclosed structure for exchanging beneficial interests into operating-partnership units of a REIT at exit. Any eventual outcome would come from a sale or refinancing of the hotel.
Has anything been reported about investor outcomes?
On May 3, 2025, The White Law Group published an investigation into potential FINRA arbitration claims on behalf of investors who reported losses in Moody Rainey DWTN Austin DST. That is a law-firm solicitation, not a finding or a judgment. No sale, further refinancing, or sponsor-reported outcome for the Trust was located through August 26, 2026.

In the news

Sources

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DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current offering documents before investing.