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BRIEF-Condor Hospitality Trust announces sale of non-core legacy hotel
April 19, 2017 / 1:24 PM / 5 months ago

BRIEF-Condor Hospitality Trust announces sale of non-core legacy hotel

April 19 (Reuters) - Condor Hospitality Trust Inc:

* Condor Hospitality Trust announces sale of non-core legacy hotel

* Deal for $3.9 million

* Proceeds from sale will be applied to outstanding debt on company’s $90 million secured credit facility

* Condor Hospitality Trust - in Q2, anticipate selling or placing under contract to sell additional three legacy hotels in portfolio Source text for Eikon: Further company coverage:

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