Residence Inn Has New (Old) Owner
Lebanon — The Residence Inn on Centerra Parkway in Lebanon is going to get a $2 million renovation as the new owner — who is also the old owner — seeks to turn around the hotel’s operation, which has lagged in recent years. Norwich Partners, the Norwich-based hotel property investment firm headed by David Leatherwood, has bought back the 114-suite extended-stay hotel from Moody National REIT, a real estate investment trust, for about...
