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CDOR News and Press, Condor Hospitality Trust Inc. From 11/12/21

Stock Information

Company Name: Condor Hospitality Trust Inc.
Stock Symbol: CDOR
Market: NYSE
Website: condorhospitality.com

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CDOR - Condor Hospitality shareholders approve sale of its portfolio to Blackstone

Condor Hospitality Trust (NYSE:CDOR) shareholders approve three of four proposals related to the sale of the REIT's entire portfolio for $305M and adjourns the special meeting to allow more time to get enough votes for its liquidation proposal. Shareholders approved the sale of substantially ...

CDOR - Condor Hospitality Trust, Inc. Announces Vote Results and Partial Adjournment of Special Meeting of Stockholders

Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “ Company ”), a hotel-focused real estate investment trust (“ REIT ”) headquartered and incorporated in the state of Maryland, today announced partial results and the partial adjournment of the...

CDOR - Condor Hospitality Trust Reports Third Quarter 2021 Results

Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”) today announced results of operations for the third quarter 2021. THIRD QUARTER 2021 FINANCIAL HIGHLIGHTS Portfolio Revenue Per Available Room (RevPAR): The 15 hotels Same-Store RevPAR in th...

CDOR - Rents Are Absolutely Soaring

We're at the halfway point of another newsworthy real estate earnings season with roughly 75 REITs reporting third quarter results. We discuss the highlights and major developments thus far. Consistent with the trends seen across the broader equity market, REIT earnings have generally...

CDOR - The State Of REITs: October 2021 Edition

REITs achieved positive total returns in each of the first 8 months of 2021, but that streak snapped in September with a -2.87% average return. Micro-cap REITs (+1.99%) bounced back in September, while large caps suffered heavy losses (-5.42%). Fewer than a quarter (23.46%) of REI...

CDOR - REIT Earnings Preview: Inflation And Dividend Hikes In Focus

Real estate earnings season kicks off this week. We'll see results from more than 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies over the next month. REITs enter third-quarter earnings season as the second-best-performing asset class this year with total...

CDOR - Host Hotels & Resorts: More Upside Lies Ahead

Host Hotels & Resorts has experienced a nice turnaround as of late, with financial performance roaring higher. The company still has plenty of room that it needs to run in order to fully recover, but it's well on its way. Shares appear to be attractive priced now and should be...

CDOR - Tesla Goes All-In On Austin: Who Are The Real Estate Winners?

The Austin production facility was announced almost two years ago. Last week Elon Musk announced Tesla headquarters will move to Texas. All Tesla vendors and service partners are sure to follow. Which REITs already have a foothold in Austin? We’ll identify them by property ...

CDOR - Help Wanted: Shortages Intensify

U.S. equity markets bounced back following the worst week since February as relief over a last-minute compromise to raise the debt ceiling offset disappointment over another weaker-than-expected employment report. After flirting with "correction territory" earlier in the week, the S&a...

CDOR - Biweekly REIT Report: Compelling Leasing, Acquisition Moves Demonstrate Attractiveness Among Select REITs

Alexandria Real Estate Equities and Kilroy Realty have each made attractive moves to expand their life science portfolios. Recent transactions in the net lease sector by Four Corners Property Trust, CTO Realty, and Realty Income reflect stable cap rates. Gateway office appears to ...

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