D.C. Mayor Muriel Bowser on Sunday ordered the shutdown of the Maine Avenue Fish Market in Southwest after large crowds defied social-distancing orders and congregated in the open-air market on Saturday. Ernest Charappah, the director of the D.C. Department of Consumer and Regulatory Affairs, tweeted Sunday the closure will remain in effect until “an acceptable social distancing plan” is submitted to his department. Billy White, owner of Captain White's Seafood City at the municipal market, told NBC Washington that security was hired to maintain order.
NexPoint Hospitality Trust has missed another deadline to sew up its $318 million deal to acquire Condor Hospitality Trust Inc. Bethesda’s Condor (NASDAQ: CDOR) said Tuesday it is continuing discussions with NexPoint about closing the deal, but that it is “also reviewing its options.” Under the terms of the agreement, NexPoint, which is co-headquartered in Dallas and Toronto, will be required to pay Condor $11.93 million if the deal is terminated. Condor CEO Bill Blackham declined to comment.
NEW YORK, NY / ACCESSWIRE / September 10, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in ...
With the first-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the second quarter. One of these stocks was Condor Hospitality Trust, Inc. (NYSE:CDOR). Condor Hospitality Trust, Inc. (NYSE:CDOR) […]
Condor Hospitality Trust Inc.’s $318 million deal to be acquired by Toronto’s NexPoint Hospitality Trust has been delayed for a third time. A news release Friday from Bethesda-based Condor (NASDAQ: CDOR) did not offer a reason for the extension of the closing date, only restating conditions for the merger being met.
NEW YORK, Aug. 15, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
More than 4.4 million Americans filed initial unemployment claims for the week ending April 18, bringing the five-week total to about 26.5 million. Continuing unemployment claims are close to 16 million, according to data released Thursday by the Department of Labor. D.C., Maryland and Virginia saw employment claims drop compared with the previous week, but a total of nearly 140,000 residents in the three jurisdictions applied initial claims last week.
Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the "Company") today announced results for the fourth quarter ended December 31, 2019.
Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the "Company") today announced results for the first quarter ended March 31, 2020.
DALLAS and TORONTO , Oct. 29, 2019 /CNW/ -- NexPoint Hospitality Trust ("NHT") (NHT-U.V) provided an update today on the previously announced acquisition by merger of Condor Hospitality, Inc. ("Condor") (NYSE American: CDOR) (the "Merger"). NHT and Condor continue to actively seek to satisfy customary closing conditions. NHT expects that the Merger will be completed sometime in the fourth quarter of 2019, subject to the satisfaction of such closing conditions.
Condor Hospitality Trust (NYSE American: CDOR) ("Condor"), owner of high-quality upper midscale and upscale hotels primarily located in secondary markets, today provided an update on measures taken to mitigate the impact on Condor and its hotels operations of recent changes in the general economic and industry conditions relating to COVID-19. Financial markets have been disrupted and there has been an industry-wide falling off of hotel occupancies. As a result, Condor is taking actions at the corporate and hotel levels including, but not limited to:
Condor Hospitality Trust, Inc. (the "Company") (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, 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.
Top Ranked Income Stocks to Buy for August 26th
NEW YORK, NY / ACCESSWIRE / August 15, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
DALLAS and TORONTO , Aug. 28, 2019 /PRNewswire/ -- NexPoint Hospitality Trust, ("NHT"1), (NHT-U.V) announced today the release of NHT's financial results for the three and six months ended June 30 , 2019. Additionally, the board of trustees announced NHT's second quarterly distribution of $0.075 per outstanding trust unit ("Unit") payable to unitholders of NHT as of the record date September 30, 2019 on or about October 15 , 2019. All amounts are expressed in U.S. dollars. On July 22, 2019 , NHT announced an agreement to acquire Condor Hospitality Trust, Inc. (NYSE American: CDOR) ("Condor"). In line with NHT's growth strategy, NHT will acquire 15 select-service and extended stay hospitality properties.
Condor Hospitality Trust, Inc. (the "Company") (NYSE American: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, provided an update today on its response to COVID-19.
Condor Hospitality Trust Inc.’s $318 million deal to be acquired by NexPoint Hospitality Trust has been pushed back for a fourth time. NexPoint, which is co-headquartered in Dallas and Toronto, said Sunday that Bethesda’s Condor has accepted its request for an extension of time to close the deal from Monday to March 23.
Top Ranked Income Stocks to Buy for August 27th
DALLAS and TORONTO , Sept. 23, 2019 /PRNewswire/ -- NexPoint Hospitality Trust ("NHT") (NHT-U.V) announced today 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"). Pursuant to the Merger, NHT will acquire 15 select-service and extended stay hospitality properties. The transaction is expected to increase NHT's gross asset value to approximately US$700 million .
NEW YORK, Sept. 06, 2019 -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this.