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Condor Hospitality Completes $305 Million Sale of Its Entire Portfolio

Blackstone Real Estate Affiliate Acquires All 15 Properties From Maryland REIT
The portfolio sale included the 116-room SpringHill Suites by Marriott San Antonio Downtown/Riverwalk Area. (Jeffrey Seaman/CoStar)
The portfolio sale included the 116-room SpringHill Suites by Marriott San Antonio Downtown/Riverwalk Area. (Jeffrey Seaman/CoStar)
By CoStar News Staff
November 22, 2021 | 4:51 P.M.

Condor Hospitality Trust has finalized the sale of its portfolio to an affiliate of global investment giant Blackstone, bringing to a close a more than two-year saga for the Bethesda, Maryland-based real estate investment trust.

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