Condor Hospitality Trust, Inc. (CDOR) News

Condor Hospitality Trust, Inc. (CDOR): $3.78

0.06 (+1.61%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: REITs - Hotel


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Latest CDOR News From Around the Web

Below are the latest news stories about Condor Hospitality Trust Inc that investors may wish to consider to help them evaluate CDOR as an investment opportunity.

Condor Hospitality Trust Going Concern Press Release

Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the "Company"), pursuant to the disclosure requirements of the NYSE American Company Guidelines Sections 401(h) and 610(b), the Company advises that its audited financial statements for the fiscal year ended December 31, 2020, included in its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 as filed with the Securities and Exchange Commission, contains an audit opinion from its independent registered public accounting firm that due to circumstances related to a loan includes an explanatory paragraph related to the Company’s ability to continue as a going concern. Matters relating to this item are set forth in the Form 10-K, where the Company expresses its views with respect to third party actions related to a sp...

Yahoo | April 9, 2021

Is Condor Hospitality Trust, Inc. (CDOR) A Good Stock To Buy?

While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, virus news and stimulus talks, many smart money investors are starting to get cautious towards the current bull run since March and hedging or reducing many of their long positions. Some fund managers are betting on Dow hitting […]

Yahoo | November 27, 2020

Condor Hospitality Announces Modification to Its Loan Facility

NORFOLK, Neb.--(BUSINESS WIRE)---- $CDOR #Hotel--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”), has filed a Form 8-K on November 19, 2020 with the Securities and Exchange Commission on the closing of a modification to its loan facility led by KeyBank with participants Bank of Montreal and Huntington National Bank. The Company has also made available a November Investor Presentation on the Condor Hospitality Trust website providing a brief description of the transaction with additional sup

Business Wire | November 19, 2020

Condor Hospitality Trust Reports Third Quarter 2020 Results

NORFOLK, Neb.--(BUSINESS WIRE)---- $CDOR #Hotel--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”) today announced results for the third quarter ended September 30, 2020. THIRD QUARTER RELEASE FINANCIAL HIGHLIGHTS Revenue in the third quarter 2020 of $8.8 million, comprised of $8.8 million generated entirely from New Investment Platform Hotels, a 39.7% decrease from $14.7 million generated by New Investment Platform Hotels in the third quarter 2019. Same-Store Revenue of $8.8 million for the

Business Wire | November 16, 2020

Condor Hospitality Releases October 2020 Supplemental Investor Presentation

NORFOLK, Neb.--(BUSINESS WIRE)---- $CDOR #Hotel--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the "Company") today announced that it has filed an 8K providing a supplemental investor presentation that will be available on the Condor Hospitality Trust website. J. William Blackham, President and CEO stated “Beginning in June Condor has generated positive results at the consolidated corporate level, excluding non-recurring and discretionary expenditures, as a result of our portfolio performance and our co

Business Wire | October 27, 2020

Condor Hospitality Releases October 2020 Investor Presentation

NORFOLK, Neb.--(BUSINESS WIRE)---- $CDOR #Hotel--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the "Company") today announced that it has filed an 8K providing an investor presentation that will be available on the Condor Hospitality Trust website. J.William Blackham, President and CEO stated “We wanted to provide our shareholders an updated understanding of the superior performance of the Condor portfolio benefited by the hotels' attributes of primarily in drive to secondary market locations and more t

Business Wire | October 22, 2020

Condor Hospitality Signs Settlement Agreement With NHT Parties With Respect to Terminated Merger Agreement

NORFOLK, Neb.--(BUSINESS WIRE)---- $CDOR #Hotel--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the "Company") today announced that it along with its operating partnership, Condor Hospitality Limited Partnership (with the Company, the “Company Parties”) signed a settlement agreement (the “Settlement Agreement”) with NexPoint Advisors L.P. (“NexPoint Advisors”), NexPoint Hospitality Trust (TSVX: NHT) (“NHT”), and NHT’s operating partnership, NHT Operating Partnership, LLC (“Parent”), and certain of its af

Business Wire | October 15, 2020

Condor Hospitality Announces Termination of Merger Agreement With NHT Operating Partnership

NORFOLK, Neb.--(BUSINESS WIRE)--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the "Company") today announced that it has terminated its merger agreement with NHT Operating Partnership, LLC, the operating partnership of NexPoint Hospitality Trust (TSVX: NHT), and certain of its affiliates, effective September 18, 2020. Pursuant to its rights under the merger agreement, the Company terminated the merger agreement due to failure of NHT's operating partnership to consummate the acquisition

Business Wire | September 18, 2020

Condor Hospitality Trust Reports Second Quarter 2020 Results

BETHESDA, Md.--(BUSINESS WIRE)--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”) today announced results for the second quarter ended June 30, 2020. SECOND QUARTER RELEASE FINANCIAL HIGHLIGHTS Revenue in the second quarter 2020 of $4.8 million, comprised of $4.8 million generated entirely from New Investment Platform Hotels, a 70.3% decrease from $16.2 million generated by New Investment Platform Hotels in the second quarter 2019. Same-Store Revenue of $4.8 million for the s

Business Wire | August 13, 2020

Condor Hospitality Trust Reports First Quarter 2020 Results

BETHESDA, Md.--(BUSINESS WIRE)--Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”) today announced results for the first quarter ended March 31, 2020. FIRST QUARTER RELEASE FINANCIAL HIGHLIGHTS Revenue in the first quarter 2020 of $13.2 million, comprised of $13.2 million generated entirely from New Investment Platform Hotels, a 15.4% decrease from $15.6 million generated by New Investment Platform Hotels in the $15.9 million 2019 first quarter Revenue that included $0.3 milli

Business Wire | May 14, 2020


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