Condor Hospitality Trust to sell hotel portfolio to Blackstone for $305m
Condor Hospitality Trust, a Maryland-based real estate investment trust company, has agreed to sell its full portfolio of hotels with affiliates of Blackstone Real Estate Partners for $305 million in an all-cash deal. The deal involves the sale of 15 hotels in eight states. The hotels of Condor Hospitality Trust are franchised by Hilton, InterContinental […]