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Condor Hospitality Trust Sells Hotel Portfolio Across Multiple Markets For $305M

Hodges Ward Elliott brokers Condor Hospitality Portfolio deal for $305M
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This Single Family Residence property located in TX was sold for $305,000,000 over 2 years ago. The brokers of the deal were Bryan Leonard, Daniel Peek, Clint Hodges, John Bourret, Austin Brooks, and Carolina Bernal

The Condor Hospitality Portfolio, consisting of hotels located in Austin, San Antonio, El Paso, TX, Lake Mary, Jacksonville, Tallahassee, FL, Atlanta GA, Summerville, SC, Lexington, KY, Southaven, MS, Leawood, KS, and Dowell, MD, has been sold for a total price of $305,000,000. The asset type of the properties included in the portfolio is hotel.

Summary of transation details

  • Property Type: Hotel
  • Transaction Amount: $305,000,000

The seller of the Condor Hospitality Portfolio is Condor Hospitality Trust. The brokers involved in the transaction are Daniel C. Peek, Clint Hodges, John Bourret, Austin Brooks, Mike Tormey, and Carolina Bernal from Hodges Ward Elliott.

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  • Sale Price
    $305,000,000$305,000,000
  • Asset Type
    Single Family ResidenceSingle Family Residence
  • Parties
    6 Brokers, 2 Agencies6 Brokers, 2 Agencies

Agents

Clint Hodges

Clint Hodges

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Sold$374.9M

Bryan Leonard

Bryan Leonard

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Financed$305M

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Hodges Ward Elliott

Hodges Ward Elliott

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Volume$5.8B

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Deal Summary

SALE IMAGE: Daniel C. Peek, Clint Hodges, John Bourret, Austin Brooks, Mike Tormey & Carolina Bernal DATE: 11/30/2021 ADDRESS: Condor Hospitality Portfolio MARKET: Austin, San Antonio, El Paso, TX, Lake Mary, Jacksonville, Tallahassee, FL & Atlanta GA, Summerville, SC, Lexington, KY, Southaven, MS, Leawood, KS & Dowell, MD ASSET TYPE: Hotel SELLER: Condor Hospitality Trust BROKERS: Daniel C. Peek, Clint Hodges, John Bourret, Austin Brooks, Mike Tormey & Carolina Bernal - Hodges Ward Elliott SALE PRICE: $305,000,000

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Hodges Ward Elliott brokers Condor Hospitality Portfolio deal for $305M

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