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Results(4) #CDOR

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Condor Hospitality Trust, Inc. Press Release: Condor Hospitality Schedules Annual Meeting of Shareholders - News released on 4 Dec 2020 17:17:11 -0500 - REITNewsHeadlines - 2020-12-06 10:17:08 PDT - See full comment

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I want to know what they will announce in regards to the future of their suspended #CDOR dividend. - Forrest Mc - 2020-12-06 10:17:08 PDT

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Condor Hospitality Trust, Inc. Press Release: Condor Hospitality Trust Reports Third Quarter 2020 Results - News released on 16 Nov 2020 16:57:27 -0500 - REITNewsHeadlines - 2020-11-17 13:02:28 PDT - See full comment

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Condor Hospital Trust reported Adjusted Funds from Operations was ($1.3 million), or ($0.11) per Diluted Share, a $3.9 million decrease from $2.6 million, or $0.22, in the 2019 third quarter. #CDOR - Xianyo - 2020-11-17 13:02:28 PDT

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#Cdor is a micro-cap reit that is too risky for my taste. - Jon7421 - 2020-11-23 20:43:49 PDT


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Condor Hospitality Trust, Inc. Press Release: Condor Hospitality Trust Provides Update on Acquisition by NexPoint Hospitality Trust - News released on 24 Mar 2020 07:29:17 -0400 - REITNewsHeadlines - 2020-03-24 21:36:53 PDT - See full comment

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Not good! #CDOR provided an update today on the previously announced acquisition by merger of the Company (the “Merger”) by NexPoint Hospitality Trust (“NHT”) (TSX-V: NHT-U). Closing of the acquisition did not occur on March 23, 2020, as extended to such date at the request of NHT pursuant to a previously announced amendment to the merger agreement. The Company is in discussions with NHT concerning the closing of the acquisition, and the Company is also reviewing its options and reserves all rights under the merger agreement. - Billy123 - 2020-03-24 21:36:53 PDT

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I’m not confident in Condor by a long shot. - Kyuie - 2020-09-12 13:46:38 PDT


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What are your top Hotel REIT picks for the year, and why? - Gekko5 - 2019-08-18 01:51:50 PDT - See full comment

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Not #HPT from my part, this hospitality REIT’s occupancy continues to decrease year-over-year for every quarter I have tracked back to the 2nd quarter of 2016. - Kev B - 2019-08-23 00:06:14 PDT

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Condor Hospitality’s AFFO dropped from $0.34 to $0.28 during Q2 2019 compared to last years same quarter, and Same-Store Occupancy dropped from 84% to 82.64%. One month ago NexPoint Hospitality Trust #NXRT announced the agreement to acquire Condor #CDOR, for approximately US$318 million, which will be satisfied by a combination of cash and debt, with $11.10 per share to be paid to holders of shares of common stocks, representing a premium of approximately 34% over Condor’s unaffected share price of US$8.27 as of July 19, 2019. Once the acquisition is complete, I want to take a close look at the NexPoint’s earning reports to learn how the addition of this portfolio gave them further scalability and economic efficiencies. - CapitalKing - 2019-08-22 22:37:34 PDT

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On Sept. 23, 2019 NexPoint Hospitality Trust ("NHT") (TSX-V: NHT.U) announced that the shareholders of Condor Hospitality Trust, Inc. ("Condor") (NYSE American: #CDOR) approved the proposed acquisition by merger of Condor by NHT Operating Partnership, LLC, the operating partnership of NHT (the "Merger"). The Merger is currently expected to close during the fourth quarter of 2019, subject to the satisfaction of customary closing conditions. - AI_AI - 2019-11-09 15:49:53 PDT

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I’m a fan of Host Hotels & Resort. It’s a large Cap REIT (in fact it is the largest lodging REIT in the world) with 93 Hotels and 52,000 rooms, and many iconic properties. According to their reports, #HST is the only investment-grade lodging REIT and the only lodging REIT in the S&P500. So as far as 2019 picks go, this is one of them for me. - 777i - 2019-08-18 20:15:25 PDT

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Yes, HOST is an excellent pick! - BlueBlue - 2019-08-19 20:45:23 PDT

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Good questions Gekko5, I would like to know that too. Most of my hospitality REITs had an FFO outcome lower than Q2 2018. - Bob_knows - 2019-08-18 18:01:07 PDT

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