The company has not filed an annual or quarterly report since its FY2021 10-K, filed Feb 4, 2022. Its latest SEC filing is a 8-K from Apr 25, 2022.
10-K for FY2021, filed Feb 4, 2022
The sections below describe the company as of the FY2021 annual report.
Owns no hotel properties and is winding up after selling its portfolio of hotel properties.
10-K for FY2021, filed Feb 4, 2022The Company is a self-administered real estate investment trust (“REIT”) for federal income tax purposes that previously specialized in the…View ↗
On June 21, 2021, the Company announced that its board of directors (the “Company Board”) is evaluating strategic alternatives to enhance…View ↗
On September 20, 2021 the Company Board unanimously approved a plan of complete liquidation and dissolution (the “Plan of Liquidation”)…View ↗
Hotel guests paid the room rate for each day of their stay; they also bought food, beverages and other services separately, with charges tied to when those services were provided.
10-K for FY2021, filed Feb 4, 2022Revenue consists of amounts derived from hotel operations, including the sales of rooms, food and beverage, and other ancillary services.…View ↗
$35.2M
10-K for FY2021, filed Feb 4, 2022
$35.2M ↗
Hotel guests paid for rooms and could separately choose to buy food, beverages and other services during their stays.
10-K for FY2021, filed Feb 4, 2022Revenue consists of amounts derived from hotel operations, including the sales of rooms, food and beverage, and other ancillary services.…View ↗
No. It lost $19.1M in FY2020.
10-K for FY2021, filed Feb 4, 2022
Shrank. Revenue fell 31% in 4 years, from $50.6M in FY2016 to $35.2M in FY2020, about 9% a year.
Hotel ownership to liquidation
The older report describes Condor as an owner and investor in hotel properties; the latest says it sold its portfolio, owns no properties, and is completing a liquidation.
10-K for FY2018, filed Mar 11, 2019 10-K for FY2021, filed Feb 4, 2022The Company is a self-administered real estate investment trust (“REIT”) for federal income tax purposes that specializes in the investment…View ↗
The Company is a self-administered real estate investment trust (“REIT”) for federal income tax purposes that previously specialized in the…View ↗
On June 21, 2021, the Company announced that its board of directors (the “Company Board”) is evaluating strategic alternatives to enhance…View ↗
On September 20, 2021 the Company Board unanimously approved a plan of complete liquidation and dissolution (the “Plan of Liquidation”)…View ↗
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