Residence Inn by Marriott Houston Medical Center/NRG Park

Top1031 lists Residence Inn by Marriott Houston Medical Center/NRG Park as active because the sponsor is still filing with the SEC. That does not confirm that interests remain available.

Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.

The sources point in different directions, and Top1031 does not reconcile them. The issuer filed its Form D — the brief notice an issuer files with the SEC for a private placement — on March 2, 2026 as a new notice, and no amended notice has been located since.[6] A sponsor-distributed offering page last updated August 3, 2026 listed the Trust's status as Closed, without itself stating that the offering was fully subscribed.[7] Confirm current availability directly with Moody National.

Sponsor material reports a purchase on February 27, 2026 for $33,000,000 from Moody National Kirby-Houston Holding — an affiliate of the sponsor — at a price described as approximately 6.3% below appraised value.[2] Because a Moody National entity sat on both sides of the sale, the appraisal, the purchase and sale agreement and the conflicts-of-interest disclosures in the PPM are where that price and those relationships are documented.

No. Sponsor material describes the Trust as debt-free, with no financing on the property.[3] That removes maturity and refinancing risk and eliminates the lender-driven cash sweep that can interrupt distributions in a leveraged deal. It also means hotel operations and funded reserves are the only sources of cash, and a 1031 exchanger who needs to replace debt from a relinquished property will not find matching debt here.

Beneficial interests in a Delaware statutory trust that owns one hotel. The Trust was formed June 3, 2025 and offered 41,905 Class A beneficial interests priced at $1,000 per interest.[1] The Form D was filed under Rule 506(c), the exemption that allows an issuer to advertise a private placement so long as it verifies that every buyer is an accredited investor — someone who meets SEC income or net-worth thresholds.[6]

A property improvement plan, or PIP, is renovation work a hotel franchisor requires as a condition of keeping its brand flag. The Trust's offering data notes roughly $3.2 million reserved for a Marriott-required PIP. That is a budgeted reserve, not completed work — no start date, scope detail or rooms-out-of-service schedule is reported in the material reviewed, so the PPM and the franchise agreement are where the requirement is spelled out.

The structure contemplates an optional Section 721 contribution — exchanging trust interests for operating-partnership units in an affiliated REIT instead of receiving replacement real estate. Making that election generally ends future 1031 eligibility for those interests, because partnership units are not real property. BlueVault Partners reported on July 16, 2026 that Moody National REIT I and REIT II closed a merger, so confirm which surviving partnership would receive any contribution. The timing, pricing and mechanics live in the PPM and the trust agreement.