93
WASHINGTON, PA. — Concord Hospitality Enterprises has secured a $10.8 million loan to construct a new Courtyard by Marriott in the Pittsburgh suburb of Washington. The Courtyard by Marriott – Meadow Lands will be located at the interchange of Interstate 79 and Racetrack Rd. near Tanger Outlets. It will contain 124 rooms and is scheduled to open in fall 2010. The lender was S&T Bank. The bank also provided Concord with a $13.4 million loan late last year for the construction of a Courtyard by Marriott in Settlers Ridge, Pa. S&T ha financed eight of Concord’s 10 Pittsburgh-area properties.