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Condor Hospitality Trust Announces Closing of $150 Million Senior Secured Credit Facility

BETHESDA, Md., May 12, 2017 (GLOBE NEWSWIRE) — Condor Hospitality Trust, Inc. (NASDAQ:CDOR), a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, today announced the closing of the expansion of its $90 million senior secured Revolving Credit Facility to $150 million.  KeyBanc Capital Markets, BMO Capital Markets, and The Huntington National Bank are Joint Lead Arrangers for the revolving credit facility with KeyBank National Association serving as Administrative Agent and The Huntington National Bank and BMO Capital Markets serving as Co-Syndication Agents. The revolving credit facility now provides for up to $150 million of […]

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Condor Hospitality Trust Announces Closing of $150 Million Senior Secured Credit Facility

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