Boraie Development: A trusted Building Partner

New Jersey has in the recent past been the focus of real estate companies. Considering its large population, the demand for housing has been on the rise since the Great Recession period. Experts say that New Jersey has been experiencing a huge number of foreclosure cases and if such a trend continues, it will turn into a crisis over a short period. However, there have been measures which are being taken that have seen the number of foreclosure cases reduce significantly. There is hope that the number will reduce even further and therefore pave the way for the robust real estate business in the area.

 

Realtor Lawrence Yun who serves as the chief economist at the National Association of Realtors has expressed concerns that there is an impending shortage of housing in New Jersey and that if the problem is not addressed soon enough, it will turn into a major problem. The good news, however, is that there is enough space to build new houses and meet up the growing demand. Most real estate companies are keeping a keen look at the situation in New Jersey, and as soon as they are granted with permits, new buildings will start to emerge. Economists are also not foreseeing a change in the construction industry soon.

 

The Great Recession had a significant impact on the real estate industry in New Jersey. However, things have changed ever since, and now there is a growing demand for housing in most parts of the town. Besides, construction companies are taking advantage of the demand to come up with modern housing units which are not only attractive in term of design but price as well. The good thing about New Jersey is that it has proper infrastructure and social amenities thereby making the housing market lucrative for investors. For more details visit Crunchbase.

 

Boraie Development

 

With such a demand for housing, there are various construction and real estate companies that are looking forward to cashing in. One of those companies is Boraie Development. The company is well known in New Jersey and has been in operation for more than twenty years hence making it the most preferred builder. The company uses a special financing strategy that makes it easy to initiate projects without the worry of them stalling along the way. Omar Boraie is also known for partnering with major financial institutions and licensed architects around the country. The management is dedicated to the provision of quality services to its clients within New Jersey and beyond.

 

 

Reference: https://patch.com/new-jersey/newbrunswick/new-voices-keeping-new-jersey-informed

The Influential Life And Achievements Of Hussain Sajwani

Over the years, the real estate industry has experienced great positive changes with new brands and innovative property development ideas opening up opportunities for the entrepreneurs to venture into the business. Hussain Sajwani is one of the prominent businessmen and a great investor in the real estate development. In fact, he is one of the pioneers of property market expansion in Dubai.

The renowned property developer was born in 1956 in the United Arab Emirates. He graduated in 1981 with a Bachelor’s Degree in Economics and Industrial Engineering from the University of Washington. Like most fresh graduates, Hussain started his career as an employee at GASCO Company, where he served as a Contract Manager shortly after graduating. His entrepreneurial spirit, which he had developed at a tender age, led him to establish his first venture after working for GASCO for a short duration. Hussain started with food service business.

The small entity attracted a great number of clients, mostly those who were working in the oil companies, US military officers, and construction giants like Bechtel. From the humble beginning, the catering venture expanded to become a market leader. Learn more about DAMAC owner: http://www.albawaba.com/business/pr/damac-needy-children-518106

Following the decree that was given by Dubai government to allow foreigners to own properties in the Emirates, Hussain took advantage of the situation and started a real estate development firm called DAMAC in 2002. Hussain is currently the Chief Executive Officer and Executive Chairman of DAMAC Properties. The firm has come a long way.

Hussain started purchasing land in undeveloped parts, initiating property development projects, and later selling them at a profit. Due to his effective approach, he managed to sell 38 units in less than six months.

Currently, the company is known all over for developing diverse types of luxury structures in collaboration with other reputable companies. The company’s shares have traded well in Dubai and London Stock Exchange Market. In addition, Sajwani has also established other companies like Al Amana Building Materials, Al Anwar Ceramics, and Al Jazeira services.

Despite his numerous roles, Hussain is a proud father who likes spending quality time with his family. He also participates in charitable endeavors and he has established a charitable division of DAMAC with the aim of helping the underprivileged in the society.