News: Owners Developers & Managers

New England Hotel Realty hires Vahey as a director of real estate business development

Shane Vahey, NEHR Shane Vahey, NEHR

Portsmouth, NH New England Hotel Realty (NEHR) has hired Shane Vahey as a director of real estate business development. Vahey comes to NEHR with over 15 years of experience within NYC and the N.E. area. He holds a brokers license in all six N.E. states and has brokered deals and helped to secure financing for dispositions and acquisitions alike. His vast experience of effectively representing clients is a unique attribute and important distinction that sets Vahey and NEHR apart.

In Vahey’s role at NEHR, he will assist owners contemplating disposition by providing a customized suite of market-based analytical reports for their decision-making. He will also provide a complimentary opinion of value estimating what an asset might bring in today’s marketplace and assist in developing a strategic disposition plan.

For those looking to purchase, Shane can present NEHR’s roster of hotels available for sale or identify key assets that meet your exact specifications.

“We are thrilled to welcome Shane aboard,” J.P. Ford, NEHR Senior Vice President, said in a statement. “He brings a wealth of experience and a valuable grasp of the New England marketplace. With interest rates remaining low and guest room demand outpacing supply growth in New England, we are operating in a high-demand market and Shane is a vital addition to our staff.”

Established in 1977, New England Hotel Realty (NEHR) has been providing acquisition, disposition, consulting and market research services to the lodging real estate and lending industries. Through an exclusive partnership with Lodging Econometrics, the industry-leader for hotel real estate intelligence, NEHR is able to offer its clients the most current market intelligence available to support their investment decision-making as well as provide access to an extensive roster of hotel investment opportunities available throughout the country.  

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