Which two nontraded REIT programs entered into a merger agreement on November 16, 2016, and approved the merger on May 24, 2017?
Answer: Moody National REIT I and Moody National REIT II shareholders voted to approve the merger of the two REITs on May 24, 2017.
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Moody National REIT I Sets Merger Vote
Stanger’s Editorial on the Moody National REITs I & II Merger and Moody’s Reply