CDOR News and Press, Condor Hospitality Trust Inc. From 05/25/20

Merger activity remained stuck in neutral last week with no new deals announced and no deals closing. We did have one deal enter into litigation, and arbitrageurs are watching it closely to see if the courts can force the acquiring company to close the deal on the original terms. There were ...

Merger activity sputtered to a stop again last week with no new deals announced and one deal closing. This is the fifth week this year with no new deals announced. There were however some potential deals that were announced last week. On Monday, May 11, 2020, according to Bloomberg, Amazon.c...

Real Estate Weekly Outlook U.S. equity markets reversed last week's gains after Congressional leaders and Federal officials pushed back on plans to end government-mandated lockdowns despite mounting scientific evidence calling into question its effectiveness and amid indications - in...

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 generat...

Merger activity increased last week with three new deals announced, four deals closing and one deal terminated. After a three-week lull, merger activity picked up again with three new deals announced. The hard-hit energy services industry saw the merger of KLX Energy Services Holdings (KLX...

Merger activity continued to remain lackluster last week with no new deals announced and one deal closing. This is the second time in a row no new deals were announced. FSB Bancorp ( FSBC ), Forescout Technologies ( FSCT ), IBERIABANK Corporation ( IBKC ), and The Stars Group ( TSG ) receive...

This is the second report in our newest series: Sector Spotlight. In each article of this series we will provide detailed data and analysis on a specific REIT property sector. Information will be provided for the sector as a whole and for sub-sectors (for property types that contain sub-sector...

Merger activity came to a halt last week with no new deals announced, four deals closing and one deal terminated. This is the second time in four weeks no new deals were announced. We wrote the following three weeks ago, If the economic situation deteriorates further and impacted in...

Merger activity increased last week with two new deals announced, one deal closing and one deal terminated. The increase in merger activity last week was not very significant as only two new deals were announced. The merger of Standard Diversified (SDI) into a wholly-owned subsidiary of Turnin...

In response to economic and industry conditions precipitated by the COVID-19 pandemic, Condor Hospitality ( CDOR +21.5% ), amends its bank credit facility : More news on: Condor Hospitality Trust, Inc., Financial stocks news, Stocks on the move, Read more ...