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Boston & New England  + Metro Boston  + Hospitality  |  July 13, 2022
Hajjar Management Co., Inc., has purchased The Merchant inn in Salem, MA for $4.5 million.
Lisa McDuffie
By: Lisa McDuffie

Hajjar Scares Up $5M for Ghost-Inhabited Boutique Hotel in Salem

Hajjar Management Co., Inc., has secured $4.5 million from Rockland Trust for the acquisition of a historic inn, The Merchant, in Salem, MA. Merchant Inn will be Hajjar’s tenth boutique hotel and its first north of Boston.

Once a sea merchant’s home, The Merchant has been restored as a luxurious boutique hotel in the heart of Salem’s historic district. In addition to its architecture and unique amenities, the inn is known for having its own ghosts and mystery. The Merchant is also home to the oldest surviving “floating” staircase designed by Samuel Mcintire.

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Rockland Trust

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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