Top1031

Residence Inn by Marriott Houston Medical Center/NRG Park

Hospitality property in Houston, TX · sponsored by Moody National

HistoricalLast Form D, filed Sep 11, 2026, reports the offering fully sold (opens in a new tab)

Residence Inn by Marriott Houston Medical Center/NRG Park was a DST sponsored by Moody National that owned a hospitality property in Houston, TX (182 rooms). Its last Form D, filed Sep 11, 2026, reports the offering fully sold.

How it ended

No outcome recorded · under 7 years

The last Form D, filed Sep 11, 2026, 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
$41,905,000
Equity offered, per the Form D
Sold
100%
Form D, Sep 11, 2026; the % is our arithmetic
Investors reported
112
Form D, Sep 11, 2026
Selling commissions
$3,328,187 · 7.9% 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(c)
May be advertised publicly. Every buyer’s accredited status must be verified.
Sponsor buyout right
Yes, after 2 years
Offering documents, Mar 2026 · Deal terms ↓

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 →

Using this record to judge the sponsor? A licensed 1031 specialist from our affiliated partner can talk it through with you.

Ask a 1031 specialist about this recordFree. About: Residence Inn by Marriott Houston Medical Center/NRG Park. Top1031 is not a broker-dealer.

What did the Trust own?

The hotel opened on February 19, 2019 as a 16-story extended-stay tower, owned and managed from the start by Moody National Companies. 3 Sponsor material reports the Trust acquired it on February 27, 2026 from affiliated seller Moody National Kirby-Houston Holding, so the asset stayed inside the Moody family of entities. 2 Marriott's own property page presents the hotel as operating and bookable in 2026. 4

Property address
7807 Kirby Drive, Houston, TX
Property size
182 rooms

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

The Trust owns the hotel outright. Sponsor material reports no mortgage, no lender and no scheduled debt service at the trust level, so nothing sits ahead of investors and there is no loan maturity to refinance. 6 An exchanger who must replace debt carried on a relinquished property will not find matching debt here.

Debt

Financing
All cash. This offering reports no mortgage debt.
May convert to a REIT (721)
See Deal terms ↓
Target hold
10 years From Moody National’s offering documents (Mar 2026). As reported by the sponsor.

Costs and terms from the Form D

Selling commissions
$3,328,187 · 7.9% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$4,839,218 · 11.5% of offering
Form D Item 16
· The filing’s note: “Moody Med Center 2 Depositor, LLC will be responsible for paying certain costs and expenses of approximately $4,839,218”
Broker-dealers named in the Form D
14 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Mar 10, 2026
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 are the deal terms?

From Moody National’s offering documents (Mar 2026).

Your exit

Can the sponsor's affiliate buy investors out?
Yes, after 2 years

From offering termination. No reply: cash (taxable sale)

Rent and the bills

Who pays rent to the trust?
A master tenant affiliated with the sponsor
Who pays for roof and structural repairs?
Investors, through the trust
Who pays if taxes or insurance go up?
Investors, through the trust
Was the property bought from a sponsor affiliate?
Yes

Your rights

Can investors remove the manager?
No
How are disputes with the sponsor resolved?
In court

What does the SEC record show?

The issuer's federal notice went in as a new offering rather than an amendment, and nothing has followed it, so the SEC record has not tracked subscription progress since. 8 The exemption cited permits general advertising, provided the sponsor verifies each buyer's accredited status — the income or net-worth test — rather than accepting self-certification.

Legal Trust name
Moody Med Center 2 DST
SEC CIK
2091696
First Form D
Mar 2, 2026
Latest Form D
Sep 11, 2026
Filings on record
2
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount soldInvestors
Form D/A$41,905,000
$41,905,000+$41,905,000
112
EDGAR
Form D$41,905,000
$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 Residence Inn by Marriott Houston Medical Center/NRG Park?
Residence Inn by Marriott Houston Medical Center/NRG Park is a Historical offering. The last Form D, filed Sep 11, 2026, reports the offering fully sold.
Does Residence Inn by Marriott Houston Medical Center/NRG Park have a 721 UPREIT exit?
The record lists a possible 721 exit for Residence Inn by Marriott Houston Medical Center/NRG Park. The offering documents set whether and when it could happen. In a 721 exchange, or UPREIT, the DST’s property is contributed to a REIT’s operating partnership and investors receive operating-partnership units instead of cash.
How a DST-to-721 UPREIT exit works
Who sold the hotel to the Trust, and what did it pay?
Sponsor material reports the Trust acquired the hotel on February 27, 2026 for $33,000,000 from Moody National Kirby-Houston Holding, an affiliated seller. Because Moody entities sat on both sides of that transfer, the appraisal, the purchase and sale agreement, and the conflicts-of-interest section of the offering documents are where the price and those relationships are documented.
Who actually pays rent to the Trust?
Not Marriott, and not the guests. Sponsor material states the hotel is leased to an affiliated master tenant, Moody Med Center 2 MT, LLC, which in turn contracted Moody National Management, L.P. as manager. Distributable cash therefore depends on how the hotel operates, passed through affiliated entities, rather than on an unaffiliated corporate tenant's credit. The master lease and its rent formula are set out in the offering documents.
Is there a mortgage on this hotel?
No. Sponsor material describes the acquisition as all-cash and unleveraged, with no mortgage debt on the property. That removes maturity risk, refinancing risk and lender-driven cash sweeps. 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.
What is the property improvement plan?
A property improvement plan, or PIP, is renovation work a hotel franchisor requires as a condition of keeping its brand flag. Top1031's record of this offering lists roughly $3.2 million reserved for a Marriott-required PIP. The offering record describes it as a reserve rather than completed work, so the franchise agreement and the offering documents are where the scope, timing and funding are spelled out.

In the news

Sources

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These links support the record as a whole; individual details may come from different sources.

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.