WhereDaily News: Condor Hospitality Trust, Inc. Closes $10.0 Million Loan

NORFOLK, NE--(Marketwired - October 27, 2015) - Condor Hospitality Trust, Inc. (NASDAQ: CDOR), a hotel-focused real estate investment trust (REIT), today announced that it has successfully closed a $10.0 million mortgage loan with Huntington National Bank which will be used to refinance an existing loan with Citigroup Global Markets Realty Corp. maturing in November 2015. The new loan has a five year term, a 25 year amortization schedule and an interest rate fixed at 4.13 percent. The loan is secured by four hotels located in Indiana.

Home | Contact Us | Advertise
Tour Operator Signup
Travel Agent Signup
Press Room | Link Partners
Legal | Privacy