Condor Hospitality Trust Inc

ASE:CDOR  
7.20
+0.01 (+0.14%)
Debt Financing / Related, Divestitures / Spin-offs, Bankruptcy / Related

Condor Hospitality Trust Announces Agreement To Sell Hotels To Blackstone Real Estate

Published: 09/23/2021 11:40 GMT
Condor Hospitality Trust Inc (CDOR) - Press Release - Condor Hospitality Trust Announces Agreement to Sell Hotels to Blackstone Real Estate.
Condor Hospitality Trust Inc - to Sell Its Entire Portfolio of Hotels in a $305 Million Transaction.
Condor Hospitality Trust Inc - Deal is an All Cash Transaction.
Condor Hospitality Trust Inc - Board Has Unanimously Adopted a Plan of Liquidation and Dissolution.
Condor Hospitality Trust Inc - Plan of Liquidation Contemplates an Orderly Wind Down of Business Affairs.
Condor Hospitality Trust - to Distribute Certain Net Proceeds From Sale of Hotel Portfolio to Shareholders in 1 Or More Liquidating Distribution Installments.