X0306 4 2017-09-28 0 0000929545 CONDOR HOSPITALITY TRUST, INC. CDOR 0001541551 EFANUR Stock Corp. ITUZAING? 1377, PISOS 3, 4 Y 5 MONTEVIDEO X3 11000 URUGUAY 1 0 1 0 0001478101 JIWIN STOCK CORP PLAZA INDEPENDENCIA 811, PB MONTEVIDEO X3 11100 URUGUAY 1 0 1 0 0001476667 TYRUS STOCK CORP PLAZA INDEPENDENCIA 811, PB MONTEVIDEO X3 11100 URUGUAY 1 0 1 0 Common Stock 2017-09-28 4 M 0 23160 0.0065 A 3289536 D Common Stock 48076 I Efanur S.A., an affiliate Warrant (option to purchase) 0.0065 2017-09-28 4 M 0 23160 0 D 2017-01-24 2019-01-24 Common Stock 23160 0 D Share and warrant numbers and exercise price have been adjusted to reflect the 6.5-to-1 reverse stock split of the Issuer's common stock that occurred on March 15, 2017. Members of the board of directors of the Issuer were designated by contractual right by Real Estate Strategies, L.P. and, as a result, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the reporting persons are deemed to be directors of the Issuer by deputization. This Form 4 is being filed in two parts due to the ten person reporting limitation of the electronic filing system. Part 1 is being filed by the following persons: Eduardo S. Elsztain, Consultores Assets Management, S.A., Consultores Venture Capital Limited, Cresud Sociedad Anonima Comercial, Consultores Venture Capital Uruguay, S.A., Agroinvestment S.A., Real Estate Strategies L.P., IRSA Inversiones y Representaciones Sociedad Anonima, IFIS Limited, and Inversiones Financieras del Sur S.A. Part 2 is being filed by the following persons: Efanur S.A., Tyrus S.A. and Jiwin S.A. /s/ Efanur S.A. by Eduardo S. Elsztain, its Chairman of the Board 2017-10-02 /s/ Tyrus S.A. by Eduardo S. Elsztain, its Chairman of the Board 2017-10-02 /s/ Jiwin S.A. by Eduardo S. Elsztain, its Chairman of the Board 2017-10-02