[New post] Condor Hospitality to Sell Hotel Portfolio to Blackstone for $305Mln

Dan Moynihan posted: "Commercial Real Estate Direct Staff Report Condor Hospitality Trust Inc. has agreed to sell its portfolio of 15 hotels with 1,908 rooms for $305 million in cash to Blackstone Group. The deal comes nearly a year after the Bethesda, Md., REIT's pendin" New post on Commercial Real Estate Direct Condor Hospitality to Sell Hotel Portfolio to Blackstone for $305Mln by Dan Moynihan Commercial Real Estate Direct Staff Report Condor Hospitality Trust Inc. has agreed to sell its portfolio of 15 hotels with 1,908 rooms for $305 million in cash to Blackstone Group. The deal comes nearly a year after the Bethesda, Md., REIT's pending sale to NexPoint Hospitality Trust fell apart. NexPoint had struck a deal to buy […] Read more of this post Dan Moynihan | October 1, 2021 at 4:09 pm | Categories: General News | URL: https://wp.me/pcdE10-2iVS Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/10/01/condor-hospitality-to-sell-hotel-portfolio-to-blackstone-for-305mln/