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NexPoint Hospitality Enters Multimillion-Dollar Deal to Buy Condor Hospitality Trust

Toronto REIT Coming Off IPO Is Scheduled to Close on Suburban DC Firm in Late 2019
Condor owns 15 hotels in the U.S., including the 130-room Hampton Inn and Suites Lake Mary in suburban Orlando, Florida. (CoStar)
Condor owns 15 hotels in the U.S., including the 130-room Hampton Inn and Suites Lake Mary in suburban Orlando, Florida. (CoStar)
By Bryce Meyers
CoStar News
July 22, 2019 | 9:20 P.M.

A Toronto hotel investment firm that just completed its initial public offering in March is already making a play to more than double its U.S. hotel portfolio.

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