reports
Condor Hospitality Trust Reports First Quarter 2019 Results
BETHESDA, Md.--(BUSINESS WIRE)-- Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”) today announced results for the first quarter ended March 31, 2019. FIRST QUARTER RELEASE FINANCIAL HIGHLIGHTS Revenue of $15.9 million, Comprised of $15.6 million from New Investment Platform Hotel Revenue, a 5.4% Increase from $14.8 million from New Investment Platform Hotel Revenue in Last Year’s Quarter, and $0.3 million from Legacy Hotels, an 84.2% Decrease to Revenue of $1.9 million from Legacy...
Condor Hospitality Trust Declares Third Quarter Common Dividend of $0....
BETHESDA, Md.--(BUSINESS WIRE)-- Condor Hospitality Trust, Inc. (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that its Board of Directors has authorized, and the Company has declared, a quarterly cash common stock dividend of $0.195 per share for the third quarter of 2017. The common stock dividend represents an annualized yield of approximately 7.5% based on the closing price of the Company’s common shares on September 20, 2017. The ...
Condor Hospitality Trust Announces Sale of Non-Core Legacy Hotel
BETHESDA, Md.--(BUSINESS WIRE)-- Condor Hospitality Trust, Inc. (NYSE American:CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced the closing on the sale of a legacy hotel asset, the 176-room Days Inn located at 200 John Wesley Blvd., Bossier City, LA 71112 for $1.4 million. Net proceeds from the sale will be applied to outstanding debt on the Company’s $150 million secured credit facility. “We are pleased to announce our seventh legacy hotel sal...
Condor Hospitality Trust Provides Hurricane Irma Update
BETHESDA, Md.--(BUSINESS WIRE)-- Condor Hospitality Trust, Inc. (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that its Florida hotels, the Home2 Suites Tallahassee, the Hampton Inn & Suites Lake Mary, and the Courtyard Jacksonville, are all operational and have not sustained any significant damage from Hurricane Irma. The Company will provide additional information or updates in the event of a material change in this situation. ...
Bill Blackham, CEO, to Participate in Hotel News Now Roundtable: The A...
BETHESDA, Md.--(BUSINESS WIRE)-- Condor Hospitality Trust, Inc. (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that its Chief Executive Officer Bill Blackham will be participating as a panelist at Hotel News Now’s roundtable, The Art of the Deal: Buying, Selling and Building in an Unpredictable Environment, which will be held on September 7th in Phoenix, AZ. The roundtable will be held Thursday, September 7th, and will ...
Condor Hospitality Trust Announces Sale of Non-Core Legacy Hotel
BETHESDA, Md.--(BUSINESS WIRE)-- Condor Hospitality Trust, Inc. (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced the closing on the sale of a legacy hotel asset, the 81-room Quality Inn Morgantown located at 225 Comfort Inn Dr., Morgantown, WV 26508 for $2.6 million. Net proceeds from the sale will be applied to outstanding debt on the Company’s $150 million secured credit facility. “We are pleased to announce our sixth legacy h...
Condor Hospitality Trust Closes Acquisition of Residence Inn Austin Ai...
BETHESDA, Md.--(BUSINESS WIRE)-- Condor Hospitality Trust, Inc. (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that it has closed on the acquisition of two Marriott-branded hotels for $38,800,000. The closing includes the following hotels: the Fairfield Inn & Suites El Paso Airport and the Residence Inn Austin Airport. The hotels will continue to be managed by Ambridge Hospitality. The Company has a third Marriott-branded hotel, the To...
Condor Hospitality Trust Announces Round Rock and San Antonio Hotels F...
BETHESDA, Md.--(BUSINESS WIRE)-- Condor Hospitality Trust, Inc. (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that the Home2 Suites Round Rock, TX and the SpringHill Suites San Antonio, TX are both fully operational and have not sustained any significant damage from Hurricane Harvey. The Company will provide additional information or updates in the event of a material change in this situation. About Condor Hospitality Trust, ...
Condor Hospitality Trust Reports 2017 Second Quarter Results
BETHESDA, Md.--(BUSINESS WIRE)-- Condor Hospitality Trust, Inc. (NYSE MKT: CDOR) (the “Company”) today announced results for the second quarter ended June 30, 2017. Second Quarter 2017 and Post-Quarter Key Accomplishments Highlights Second Quarter Revenue of $14.3 Million Second Quarter Net Earnings Attributable to Common Shareholders of $4.7 Million Delivered 4.4% New Investment Platform RevPAR Growth Increased Secured Credit Facility to $150 Million ...
Condor Hospitality Trust to Ring the Opening Bell of the New York Stoc...
BETHESDA, Md.--(BUSINESS WIRE)-- Condor Hospitality Trust, Inc. (NYSE MKT: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, will ring the opening bell tomorrow morning at the New York Stock Exchange to celebrate its listing on the NYSE MKT. The Company's common stock will trade under its previous symbol "CDOR," beginning at the open of market trading July 21, 2017. President and Chief Executive Officer Bill Blackham accompanied by the Executive team will ring ...
Five Directors bought 82,017 shares at between 10.140USD and 10.600USD...
Five Directors at Condor Hospitality Trust Inc bought 82,017 shares at between 10.140USD and 10.600USD. The significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company'...
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