Condor Hospitality Announces Termination of Merger Agreement With NHT Operating Partnership

NORFOLK, Neb.–(BUSINESS WIRE)–Condor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”) today announced that it has terminated its merger agreement with NHT Operating Partnership, LLC, the operating partnership of NexPoint Hospitality Trust (TSVX: NHT), and certain of its affiliates, effective September 18, 2020. Pursuant to its rights under the merger agreement, the Company terminated the merger agreement due to failure of NHT’s operating partnership to consummate the acquisition