Condor Hospitality Trust, Inc. (NYSE American: CDOR) provided an update today on the previously announced acquisition by merger of the Company by NexPoint Hospitality Trust (TSX-V: NHT-U). NHT and the Company have agreed to close the Merger on January 31, 2020, subject to the satisfaction or waiver of certain remaining closing conditions.
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Month: December 2019
Northstar Commercial Partners Announces Sale of Pad Site to Popeyes
Northstar Commercial Partners announced the sale of a pad site located on its Colfax and Sable development located in Aurora, CO. The 1.03 acre plot was sold to Popeyes last week.
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Six Senses London to Open 2023 in the Former Art Deco Whiteleys Department Store
With its proximity to Hyde Park and Kensington Palace, Bayswater in West London is recognized for its streets lined with grand terraces of white stucco houses and garden squares. Among them is an iconic building and former department store – Whiteleys – soon to become home to Six Senses London.
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Triton Pacific Affiliate Completes Acquisition of 117 Pizza Hut Restaurants in $80 Million Transaction
Triton Pacific, a Los Angeles-based private equity firm, announced today that one of its affiliated companies has completed the acquisition of 117 Pizza Hut restaurants along with select strategic real estate assets for an aggregate acquisition cost of approximately $80 million.
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IHG to Open InterContinental and Holiday Inn Hotels at Shanghai Pudong International Airport
IHG (InterContinental Hotels Group) announced on Monday that it will bring two hotels to Shanghai Pudong International Airport’s latest Terminal Complex. This means one of the world’s busiest airports will expect its first international branded hotels for the first time.
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Choice Hotels Announces Six New Properties Across Australia and New Zealand
Choice Hotels Asia-Pac welcomes six new hotels to its extensive portfolio of properties in Australia and New Zealand, increasing its footprint across New South Wales, Victoria, South Australia as well as the South Island of New Zealand.
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Arlington City Council Approves $810 Million Transformative Development Project, Anchored By The 888-Room Loews Arlington Hotel And New Arlington Convention Center
Next Phase of Arlington's Entertainment District Will Include an Additional 888 Hotel Rooms, New Convention Center, Corporate Office Headquarters, Mixed-Use Residential Building, Small Business Coworking and Incubator Space, and Additional Dining, Retail and Entertainment Options
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NP International Launches New Hotel Brand – THēsis Hotels
THēsis Hotel Miami, part of the Paseo de la Riviera mixed use development, will feature 245 guest rooms, two chef-driven restaurants, contemporary co-working spaces, and a wide range of community-inspired events and experiences.
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Pacific Gateway Hotel, Vancouver Airport Sold
PHI Hotel Group yesterday announced the acquisition of the 7-acre Pacific Gateway Hotel, Vancouver Airport.
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Wyndham Hotels & Resorts to Debut New Dolce Hotel and Winery in Texas Hill Country
Wyndham Hotels & Resorts (NYSE: WH) yesterday announced the signing of a new-construction Dolce Hotels and Resorts by Wyndham hotel in Fredericksburg, Texas.
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