SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED

PURSUANT TO § 240.13d-2(a)

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)*

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(Name of Issuer)

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(Title of Class of Securities)

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(CUSIP Number)

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(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

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(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. □

^*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

The information in this Amendment No. 1 to Schedule 13D (this “First Amendment”) amends and supplements the Schedule 13D (the “Initial Schedule 13D”) filed with the Securities and Exchange Commission (the “SEC”) by KGT Investments, LLC, Mr. Mahmood Khimji, Mr. Zachary Berger, Mr. Yaakov Katzovitz and Mr. Richard Russo on November 2, 2020, relating to the common stock, par value $0.01 per share (the “Common Stock”), of Condor Hospitality Trust, Inc. (the “Issuer”), a Maryland corporation.

This First Amendment is filed in connection with the sale of certain shares of Common Stock by KGT  Investments, LLC to SGT Investments, L.P., as further described herein.

Item 2.  Identity and Background

Items 2 is hereby amended and restated in its entirety as follows:

This statement is being jointly filed by the following persons (the “Reporting Persons”):

(i) KGT Investments, LLC (“KGTI”), a Delaware limited liability company, with a principal business address located at 545 E. John Carpenter Freeway, Suite 1400, Irving, TX 75062, is principally involved in the business of investing and managing private investments.

(ii) Mahmood Khimji (“Mr. Mahmood Khimji”), an individual and citizen of the United States of America, whose principal business address is located at 870 Seventh Ave., 2nd Floor, New York, NY 10019, is principally engaged in the business of investing and managing private investments.  Mr. Mahmood Khimji is the sole manager of KGTI.

(iii) SGT Investments, L.P. (“SGTI”), a Delaware limited partnership, with a principal business address located at 545 E. John Carpenter Freeway, Suite 1400, Irving, TX 75062, is principally involved in the business of investing and managing private investments.

(iv) SGT Investments GP, LLC (“SGTI GP”), a Delaware limited liability company, with a principal business address located at 545 E. John Carpenter Freeway, Suite 1400, Irving, TX 75062, is principally involved in being the sole general partner of SGTI.

(v) Mehdi Khimji (“Mr. Mehdi Khimji”), an individual and citizen of Canada, whose principal business address is located at Berkeley Square House, 5th Floor, Suite 3, Berkeley Square, London W1J 6BR, United Kingdom, is principally engaged in the business of investing and managing private investments.  Mr. Mehdi Khimji is the sole manager of SGTI GP.

(vi) Zachary Berger (“Mr. Berger”), an individual and citizen of the United States of America, whose principal business address is located at 870 Seventh Ave., 2nd Floor, New York, NY 10019, is principally engaged in the business of investing and managing private investments.

(vii) Yaakov Katzovitz (“Mr. Katzovitz”), an individual and citizen of the United States of America, whose principal business address is located at 870 Seventh Ave., 2nd Floor, New York, NY 10019, is principally engaged in the business of investing and managing private investments.

(viii) Richard Russo (“Mr. Russo”), an individual and citizen of the United States of America, whose principal business address is located at 870 Seventh Ave., 2nd Floor, New York, NY 10019, is principally engaged in the business of investing and managing private investments.

During the past five years, no Reporting Person has been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or  final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or finding any violation with respect to such laws.

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: November 12, 2020	KGT Investments, LLC By:/s/ Mahmood Khimji       Mahmood Khimji, Manager
Dated: November 12, 2020	/s/ Mahmood Khimji Mahmood Khimji
Dated: November 12, 2020	SGT Investments, L.P. By:SGT Investments GP, LLC, as general partner By:/s/ Mehdi Khimji       Mehdi Khimji, Manager
Dated: November 12, 2020	SGT Investments GP, LLC By:/s/ Mehdi Khimji       Mehdi Khimji, Manager
Dated: November 12, 2020	/s/ Mehdi Khimji Mehdi Khimji
Dated: November 12, 2020	/s/ Zachary Berger Zachary Berger
Dated: November 12, 2020	/s/ Yaakov Katzovitz Yaakov Katzovitz
Dated: November 12, 2020	/s/ Richard Russo Richard Russo

Exhibit Index