Condor Hospitality T (CDOR) 1.94 $CDOR Condor H
Post# of 273322
Posted On: 09/19/2016 7:03:40 PM
Condor Hospitality T (CDOR) 1.94 $CDOR
Condor Hospitality Trust Announces Sale of Non-Core Legacy Hotel
GlobeNewswire - Mon Sep 19, 8:00AM CDT
Condor Hospitality Trust, Inc. (NASDAQ: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 asset, the 63-room Quality Inn located at 96 Daniel Drive, Danville, KY for approximately $2.3 million. The net proceeds from the sale will be used for general corporate purposes and for future acquisitions of hotels that meet the Company's new investment strategy.
CDOR: 1.94 (-0.01)
Condor Hospitality Trust Increases Common Stock Dividend to an Annualized $0.12 per Share
GlobeNewswire - Fri Sep 16, 8:00AM CDT
Condor Hospitality Trust, Inc. (NASDAQ: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 declared a common stock dividend of $0.03 per share for the third quarter, or $0.12 per share on an annualized basis. The dividend will be payable on October 12, 2016 to shareholders of record as of September 29, 2016.
CDOR: 1.94 (-0.01)
Condor Hospitality Trust Executes Agreement to Purchase Aloft Leawood-Overland Park
GlobeNewswire - Wed Aug 31, 8:00AM CDT
Condor Hospitality Trust, Inc. (NASDAQ:CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that it has executed an agreement to purchase the 156 room Aloft Leawood-Overland Park located within Park Place Village at 11620 Ash Street, Leawood, KS, 66211. The purchase price for the hotel is $22,500,000. The hotel will be managed by Presidian Hotels and Resorts.
CDOR: 1.94 (-0.01)
Condor Hospitality Trust Closes Joint Venture to Acquire Aloft Atlanta Downtown
GlobeNewswire - Tue Aug 23, 8:20AM CDT
Condor Hospitality Trust, Inc. (NASDAQ:CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that it has closed on a joint venture acquisition of the 254 room Aloft Atlanta located in downtown Atlanta at 300 Spring Street NW, Atlanta, GA 30308. Condor entered into a joint venture agreement with Three Wall Capital to acquire the hotel. Through its operating partnership subsidiary, Condor will own 80% of the joint venture with Three Wall Capital owning the remaining 20% of the joint venture. The purchase price for the hotel is $43,550,000. The hotel will be managed by Boast Hotel Management Company, LLC, an affiliate of Three Wall Capital.
CDOR: 1.94 (-0.01)
Condor Hospitality Trust Reports 2016 Second Quarter Results
Marketwire Canada - Mon Aug 08, 4:09PM CDT
Preferred Stock Redemption Completed | 7 Non-Core Hotels Sold | Common Dividend Declared | JV Announced
CDOR: 1.94 (-0.01), CDORO: 31.29 (+0.03), CDORP: 12.06 (unch)
Condor Hospitality Trust Announces Joint Venture to Acquire Aloft Atlanta Downtown
Marketwired - Mon Aug 01, 9:11AM CDT
BETHESDA, MD--(Marketwired - August 01, 2016) - Condor Hospitality Trust, Inc. (NASDAQ: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that it has entered into a joint venture agreement with Three Wall Capital to acquire the 254 room Aloft Atlanta located in downtown Atlanta at 300 Spring St NW, Atlanta, GA 30308. Through its operating partnership subsidiary, Condor will own 80% of the joint venture with Three Wall Capital owning the remaining 20% of the joint venture. The purchase price for the hotel is $43,550,000. Subsequent to the transaction's closing in the third quarter, the hotel will be managed by Boast Hotel Management Company, LLC, an affiliate of Three Wall Capital.
CDOR: 1.94 (-0.01)
Condor Hospitality Trust Announces Sale of Non-Core Hotel
Marketwired - Thu Jun 09, 7:01AM CDT
BETHESDA, MD--(Marketwired - June 09, 2016) - Condor Hospitality Trust, Inc. (NASDAQ: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that it sold the 63-room Comfort Inn in Chambersburg, Pennsylvania, on June 6, 2016, for $2.15 million. The Company will use net proceeds from the sale for general corporate purposes and for future acquisitions of hotels that meet the Company's new investment strategy.
CDOR: 1.94 (-0.01)
Condor Hospitality Trust Announces Sale of Four Non-Core Hotels
Marketwired - Tue May 31, 7:00AM CDT
BETHESDA, MD --(Marketwired - May 31, 2016) - Condor Hospitality Trust, Inc. (NASDAQ: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced the closings on the sale of an additional 4 legacy hotels:
CDOR: 1.94 (-0.01)
Condor Hospitality Announces Corporate Headquarters Move to Bethesda, Maryland
Marketwired - Thu May 26, 6:30AM CDT
BETHESDA, MD--(Marketwired - May 26, 2016) - Condor Hospitality Trust, Inc. (NASDAQ: CDOR), a hotel-focused real estate investment trust (REIT) incorporated in the state of Maryland, today announced that it has changed its corporate headquarters to Bethesda, Maryland, effective May 26, 2016. The Company's Chief Financial Officer, Jonathan J. Gantt, will relocate to the downtown Bethesda office, located at 4800 Montgomery Lane, Suite 220, Bethesda, Maryland 20814.
CDOR: 1.94 (-0.01)
Condor Hospitality Declares Quarterly Dividend on Series D Convertible Preferred Stock
Marketwire Canada - Wed May 18, 7:02AM CDT
NORFOLK, NE--(Marketwired - May 18, 2016) - Condor Hospitality Trust, Inc. (NASDAQ: CDOR), a hotel-focused real estate investment trust (REIT), today announced that its board of directors declared a quarterly dividend of $0.182292 per share on the privately held 6.25% Series D Convertible Preferred Stock for the dividend period from March 16, 2016, the issuance date of the shares, to June 30, 2016. The dividend is payable June 30, 2016 to shareholders of record on June 15, 2016.
CDOR: 1.94 (-0.01)
Condor Hospitality Trust, Inc. Announces Sale of Quality Inn
Marketwire Canada - Wed May 11, 3:25PM CDT
NORFOLK, NE--(Marketwired - May 11, 2016) - Condor Hospitality Trust, Inc. (NASDAQ: CDOR), a hotel-focused real estate investment trust (REIT), today announced that it sold the 49-room Quality Inn located in Culpeper, Virginia, on May 10, 2016, for $2.2 million. Net proceeds from the sale will be used for general corporate purposes and future acquisitions.
CDOR: 1.94 (-0.01)
Condor Hospitality Trust Announces Sale of Non-Core Legacy Hotel
GlobeNewswire - Mon Sep 19, 8:00AM CDT
Condor Hospitality Trust, Inc. (NASDAQ: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 asset, the 63-room Quality Inn located at 96 Daniel Drive, Danville, KY for approximately $2.3 million. The net proceeds from the sale will be used for general corporate purposes and for future acquisitions of hotels that meet the Company's new investment strategy.
CDOR: 1.94 (-0.01)
Condor Hospitality Trust Increases Common Stock Dividend to an Annualized $0.12 per Share
GlobeNewswire - Fri Sep 16, 8:00AM CDT
Condor Hospitality Trust, Inc. (NASDAQ: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 declared a common stock dividend of $0.03 per share for the third quarter, or $0.12 per share on an annualized basis. The dividend will be payable on October 12, 2016 to shareholders of record as of September 29, 2016.
CDOR: 1.94 (-0.01)
Condor Hospitality Trust Executes Agreement to Purchase Aloft Leawood-Overland Park
GlobeNewswire - Wed Aug 31, 8:00AM CDT
Condor Hospitality Trust, Inc. (NASDAQ:CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that it has executed an agreement to purchase the 156 room Aloft Leawood-Overland Park located within Park Place Village at 11620 Ash Street, Leawood, KS, 66211. The purchase price for the hotel is $22,500,000. The hotel will be managed by Presidian Hotels and Resorts.
CDOR: 1.94 (-0.01)
Condor Hospitality Trust Closes Joint Venture to Acquire Aloft Atlanta Downtown
GlobeNewswire - Tue Aug 23, 8:20AM CDT
Condor Hospitality Trust, Inc. (NASDAQ:CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that it has closed on a joint venture acquisition of the 254 room Aloft Atlanta located in downtown Atlanta at 300 Spring Street NW, Atlanta, GA 30308. Condor entered into a joint venture agreement with Three Wall Capital to acquire the hotel. Through its operating partnership subsidiary, Condor will own 80% of the joint venture with Three Wall Capital owning the remaining 20% of the joint venture. The purchase price for the hotel is $43,550,000. The hotel will be managed by Boast Hotel Management Company, LLC, an affiliate of Three Wall Capital.
CDOR: 1.94 (-0.01)
Condor Hospitality Trust Reports 2016 Second Quarter Results
Marketwire Canada - Mon Aug 08, 4:09PM CDT
Preferred Stock Redemption Completed | 7 Non-Core Hotels Sold | Common Dividend Declared | JV Announced
CDOR: 1.94 (-0.01), CDORO: 31.29 (+0.03), CDORP: 12.06 (unch)
Condor Hospitality Trust Announces Joint Venture to Acquire Aloft Atlanta Downtown
Marketwired - Mon Aug 01, 9:11AM CDT
BETHESDA, MD--(Marketwired - August 01, 2016) - Condor Hospitality Trust, Inc. (NASDAQ: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that it has entered into a joint venture agreement with Three Wall Capital to acquire the 254 room Aloft Atlanta located in downtown Atlanta at 300 Spring St NW, Atlanta, GA 30308. Through its operating partnership subsidiary, Condor will own 80% of the joint venture with Three Wall Capital owning the remaining 20% of the joint venture. The purchase price for the hotel is $43,550,000. Subsequent to the transaction's closing in the third quarter, the hotel will be managed by Boast Hotel Management Company, LLC, an affiliate of Three Wall Capital.
CDOR: 1.94 (-0.01)
Condor Hospitality Trust Announces Sale of Non-Core Hotel
Marketwired - Thu Jun 09, 7:01AM CDT
BETHESDA, MD--(Marketwired - June 09, 2016) - Condor Hospitality Trust, Inc. (NASDAQ: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that it sold the 63-room Comfort Inn in Chambersburg, Pennsylvania, on June 6, 2016, for $2.15 million. The Company will use net proceeds from the sale for general corporate purposes and for future acquisitions of hotels that meet the Company's new investment strategy.
CDOR: 1.94 (-0.01)
Condor Hospitality Trust Announces Sale of Four Non-Core Hotels
Marketwired - Tue May 31, 7:00AM CDT
BETHESDA, MD --(Marketwired - May 31, 2016) - Condor Hospitality Trust, Inc. (NASDAQ: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced the closings on the sale of an additional 4 legacy hotels:
CDOR: 1.94 (-0.01)
Condor Hospitality Announces Corporate Headquarters Move to Bethesda, Maryland
Marketwired - Thu May 26, 6:30AM CDT
BETHESDA, MD--(Marketwired - May 26, 2016) - Condor Hospitality Trust, Inc. (NASDAQ: CDOR), a hotel-focused real estate investment trust (REIT) incorporated in the state of Maryland, today announced that it has changed its corporate headquarters to Bethesda, Maryland, effective May 26, 2016. The Company's Chief Financial Officer, Jonathan J. Gantt, will relocate to the downtown Bethesda office, located at 4800 Montgomery Lane, Suite 220, Bethesda, Maryland 20814.
CDOR: 1.94 (-0.01)
Condor Hospitality Declares Quarterly Dividend on Series D Convertible Preferred Stock
Marketwire Canada - Wed May 18, 7:02AM CDT
NORFOLK, NE--(Marketwired - May 18, 2016) - Condor Hospitality Trust, Inc. (NASDAQ: CDOR), a hotel-focused real estate investment trust (REIT), today announced that its board of directors declared a quarterly dividend of $0.182292 per share on the privately held 6.25% Series D Convertible Preferred Stock for the dividend period from March 16, 2016, the issuance date of the shares, to June 30, 2016. The dividend is payable June 30, 2016 to shareholders of record on June 15, 2016.
CDOR: 1.94 (-0.01)
Condor Hospitality Trust, Inc. Announces Sale of Quality Inn
Marketwire Canada - Wed May 11, 3:25PM CDT
NORFOLK, NE--(Marketwired - May 11, 2016) - Condor Hospitality Trust, Inc. (NASDAQ: CDOR), a hotel-focused real estate investment trust (REIT), today announced that it sold the 49-room Quality Inn located in Culpeper, Virginia, on May 10, 2016, for $2.2 million. Net proceeds from the sale will be used for general corporate purposes and future acquisitions.
CDOR: 1.94 (-0.01)
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