supertel hospitality
Supertel Hospitality Signs Agreement to Acquire Three Premium-Branded Hotels
Supertel Hospitality / Condor Hospitality | July 15, 2015
Changes Name Effective July 15 to Condor Hospitality Trust Reflecting New Direction NORFOLK, NE--(July 15, 2015) - Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT), announced today that it has signed agreements to acquire three, premium-branded hotels in an off-market transaction for $42.5 million. The properties are the 116-room SpringHill Suites by Marriott, San Antonio, Texas, the 142-room Hotel Indigo adjacent to the Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, and the 120-room Courtyard by Marriott in Jacksonville, Florida. The acquisitions are subject to completion of satis...
Hospitality Veteran William Blackham Joins Supertel Hospitality as CEO
Supertel Hospitality, Inc. | March 4, 2015
NORFOLK, Neb., March 4, 2015 - Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT), today announced that hospitality and finance veteran William Blackham has joined the company as chief executive officer. Previously, Mr. Blackham was president and CEO of Eagle Hospitality, a hotel REIT which traded on the NYSE and has been active for several decades in entities actively involved in real estate and hospitality development, acquisition and advisory services. He replaces Kelly Walters, who will remain on Supertel's board of directors. Mr. Blackham also was appointed to the Supertel board of directors. "Bill Bla...
