Woburn Homewood Suites and Hampton Inn Update 05/31/18

Woburn Property Refinanced for $35.64 Million

North Carolina-based, Concord Hospitality Enterprises has refinanced their hotel development in Woburn, MA for $35.64 million via Western Alliance Bank.

The Homewood Suites and Hampton Inn is a major part of the much anticipated, $55 million Woburn Landing project. The development will feature new restaurants and businesses, all conveniently accessible from the city’s public transportation system. It is expected to create approximately 200 new jobs and bring $1 million in annual tax revenue to the city

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