At Moody National, we are not securities dealers or wealth managers providing real estate investments as a sideline—we are experienced real estate professionals dedicated to sponsoring Class A assets in major metropolitan markets.

Moody National Realty Company, L.P. and its affiliates have raised equity from more than 3,000 investors through 47 privately offered real estate programs for a total capitalization of approximately $2 billion. In addition, Moody National Realty Company, L.P. and its affiliates have acquired approximately 65 hotels throughout the United States, including a 20 property portfolio consisting of more than 3,700 rooms for approximately $400 million in 2007, which was ranked the fourth largest transaction within the U.S. hotel industry.

Prior to sponsoring a property, our analysts source and review hundreds of possible deals. We only pursue those opportunities that meet our strict investment criteria:

• Well-maintained Class-A properties
• Located along the East or West Coast or south of Interstate-70 (Sunbelt Region)
• Located in a state ranked within the top quartile of U.S. population growth
• Located within a major metropolitan population center with:
• An expanding Federal/State employment base
• A Major university
• Exhibits signs of technical pressures indicating a future probability of increasing cash flow and asset preservation
• Has stable and sustainable cash flow in place at time of acquisition