WhereDaily News: Condor Hospitality Trust Announces Sale of Non-Core Hotel

BETHESDA, MD--(Marketwired - June 09, 2016) - Condor Hospitality Trust, Inc. (NASDAQ: CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced that it sold the 63-room Comfort Inn in Chambersburg, Pennsylvania, on June 6, 2016, for $2.15 million. The Company will use net proceeds from the sale for general corporate purposes and for future acquisitions of hotels that meet the Company's new investment strategy.

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