WhereDaily News: Condor Hospitality Trust, Inc. Announces Sale of Manhattan Super 8
NORFOLK, NE--(Marketwired - September 03, 2015) - Condor Hospitality Trust, Inc. (NASDAQ: CDOR), formerly Supertel Hospitality, Inc. (NASDAQ: SPPR), a hotel-focused real estate investment trust (REIT), announced that it sold the 85-room Super 8 in Manhattan, Kansas, on August 28, 2015 for $3.2 million. After debt repayment, the company will use the net proceeds for general corporate purposes including future acquisitions.