CEO of Condor Hospitality Trust, Inc. to Participate in a Panel Discussion at the JMP Securities Financial Services and Real Estate Conference
Marketwired - Tue Sep 15, 10:22AM CDT
Condor Hospitality Trust, Inc. (NASDAQ: CDOR), formerly Supertel Hospitality, Inc. (NASDAQ: SPPR), a hotel-focused real estate investment trust (REIT), announced today that Bill Blackham, Chief Executive Officer, will participate in a panel discussion at the JMP Securities Financial Services and Real Estate Conference in New York, New York, on Monday, September 21, 2015 at 1:00 p.m. eastern time.
CDOR: 1.90 (+0.07), SPPR: 2.67 (-0.01)
Condor Hospitality Trust, Inc. Announces Sale of Manhattan Super 8
Marketwired - Thu Sep 03, 3:50PM CDT
Condor Hospitality Trust, Inc. (NASDAQ: CDOR), formerly Supertel Hospitality, Inc. (NASDAQ: SPPR), a hotel-focused real estate investment trust (REIT), announced that it sold the 85-room Super 8 in Manhattan, Kansas, on August 28, 2015 for $3.2 million. After debt repayment, the company will use the net proceeds for general corporate purposes including future acquisitions.
CDOR: 1.90 (+0.07), SPPR: 2.67 (-0.01)
Condor Hospitality Trust, Inc. Appoints New Chief Accounting Officer
Marketwired - Thu Sep 03, 11:02AM CDT
Condor Hospitality Trust, Inc. (NASDAQ: CDOR), formerly Supertel Hospitality, Inc. (NASDAQ: SPPR), a hotel-focused real estate investment trust (REIT), announced that Arinn Cavey will join the company as Chief Accounting Officer. Arinn has extensive audit experience in consumer and industrial markets and has provided professional audit services to private and publicly-held companies which previously included the role of audit manager for Condor Hospitality Trust over a period of several years.
CDOR: 1.90 (+0.07), SPPR: 2.67 (-0.01)
Condor Hospitality Trust, Inc. Posts Presentation on Company Website
Marketwired - Fri Aug 21, 9:19AM CDT
Condor Hospitality Trust, Inc. (NASDAQ: CDOR), formerly Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT), announced today the posting of an investor presentation on the company's website by its President and Chief Executive Officer, Bill Blackham. The presentation may be viewed on the home page of the company website www.condorhospitality.com.
CDOR: 1.90 (+0.07), SPPR: 2.67 (-0.01)
Condor Hospitality Trust, Inc. Commences Exchange Offer for Series A Preferred Stock and Series B Preferred Stock
Marketwired - Thu Aug 06, 5:00AM CDT
Condor Hospitality Trust, Inc. (NASDAQ: CDOR), formerly Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT), announced today that it has commenced an offer to exchange shares of its common stock for each outstanding share of 8% Series A Cumulative Preferred Stock (CUSIP No. 20676Y205) and 10% Series B Cumulative Preferred Stock (CUSIP No. 20676Y304).
CDOR: 1.90 (+0.07), SPPR: 2.67 (-0.01)
Condor Hospitality Trust, Inc. Announces Change in NASDAQ Ticker Symbol
Marketwired - Mon Jul 20, 11:50AM CDT
Condor Hospitality Trust, Inc. (NASDAQ: CDOR), formerly Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT), announced in a press release dated July 15, 2015 that it changed its name to "Condor Hospitality Trust, Inc." effective as of July 15, 2015. Following the completion of Nasdaq procedures, commencing on July 21st, 2015, the company will begin trading under its new name, and the company's common shares, Series A preferred shares, and Series B preferred shares will begin listing under their new ticker symbols, "CDOR," "CDORP," and "CDORO," respectively.
CDOR: 1.90 (+0.07), SPPR: 2.67 (-0.01)
Update - Condor Hospitality Trust Closes Sale of Two Hotels as Part of Accelerated Strategy
Marketwired - Thu Jul 16, 8:26AM CDT
Condor Hospitality Trust, Inc. (NASDAQ), formerly Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT), announced today that it has closed on the previously announced sale of two hotels, a Comfort Inn Landmark and a Days Inn, both located in Alexandria, Va., for $19 million to Baywood Hotels, a privately held hotel ownership and management company. The company retired $8.3 million in debt and the net proceeds will be used for general corporate purposes, including future acquisitions.
SPPR: 2.67 (-0.01)
Supertel Hospitality Signs Agreement to Acquire Three Premium-Branded Hotels
Marketwired - Wed Jul 15, 6:53AM CDT
Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT), announced today that it has signed agreements to acquire three, premium-branded hotels in an off-market transaction for $42.5 million. The properties are the 116-room SpringHill Suites by Marriott, San Antonio, Texas, the 142-room Hotel Indigo adjacent to the Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, and the 120-room Courtyard by Marriott in Jacksonville, Florida.
SPPR: 2.67 (-0.01)
Supertel Hospitality Amends Loans Reducing Borrowing Costs
Marketwired - Mon Jun 08, 8:24AM CDT
Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT), today announced that it amended various terms of its $11.2 million revolving credit facility with Great Western Bank, including to extend the maturity date to June 30, 2018; reduce the interest rate from 4.5 percent annually to the prime rate plus 1.0 percent annually (currently, 4.25 percent annually); and remove the 2.0 percent prepayment penalty required with refinancing with another financial institution.
SPPR: 2.67 (-0.01)
Supertel Hospitality Reports 2015 First Quarter Results
Marketwired - Thu May 07, 3:18PM CDT
Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT), today announced its results for the first quarter ended March 31, 2015.
SPPR: 2.67 (-0.01), SPPRO: 19.75 (+0.69), SPPRP: 7.80 (-0.02)
JCP Investment Management Supports Addition Of Preferred Directors On Supertel Board
PR Newswire - Wed May 06, 7:30AM CDT
JCP Investment Management, LLC (together with its affiliates, "JCP Investment Management"
SPPR: 2.67 (-0.01)
Nasdaq stocks posting largest volume increases
AP - Fri Apr 17, 5:13PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
UNAM: 11.05 (+0.05), SPPR: 2.67 (-0.01), IDSA: 1.70 (unch), AKBA: 8.13 (-0.17), IPDN: 0.75 (-0.02), LCUT: 13.42 (unch), ATHX: 1.97 (+0.06), CZFC: 16.55 (+0.15), TORM: 5.95 (-0.19)
Supertel Hospitality Announces Sale of Two Non-Core Hotels and Enters Agreement to Sell Two Hotels
Marketwired - Fri Apr 17, 7:30AM CDT
Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT), today announced that it closed on the sale of two Savannah Suites hotels on April 1, 2015. The 172-room Savannah Suites located in Augusta, Georgia, sold for $3.4 million, and the 120-room Savannah Suites in Chamblee, Georgia, sold for $4.4 million. The company applied $4.1 million of the proceeds to the GE Capital mortgage note that matures in December 2015.
SPPR: 2.67 (-0.01)