Hussain Sajwani, The DAMAC Owner’s Contribution to Development of Real Estate

Hussain Sajwani attended the University of Washington, and graduated with a Bachelor of Arts degree in industrial engineering and economics. In 1982, Sajwani began his catering company, and it was not long before it picked up and got a lucrative deal to supply food to the United States military troop. He did a recommendable with the US army and landed another job with a Bechtel, a big company from the US. Sajwani landed this deal due to his unique ability to create connections and network with important and prominent individuals. Sajwani raised the capital to start his catering company by working as a contact manager at GASCO for two years after finishing his studies.

Hussain Sajwani, the DAMAC owner, was born in a humble family, and his parents struggled to make ends meet. His father owned a shop where he sold pens and watches while his mother had a fabric shop. Sajwani learned from a tender age that for a business to work, one had to be committed and constantly he applied this knowledge even in his daily life. Real estate investor Sajwani catering business had grown, but he felt the urge to venture into a sector where he could earn more.

The government of Dubai passed a law that allowed foreigners to own property. Howussain Sajwani took advantage of the situation and started DAMAC Properties in 2002. As he had predicted many foreigners flocked in Dubai and he successfully sold his units within six months. DAMAC Group expanded its operation and received global recognition as one of the best real estate companies. After a long period of debating whether to go public or not, in 2013 DAMAC was listed with the London Stock Exchange. It became the first company from the Middle East to do so. Sajwani became partners with the current US president to develop his two Donald Trump-branded Golf Courses in Dubai.

Husain Sajwani is a known philanthropist, and he undertakes various activities that give back to the society. Sajwani donates money in the name of DAMAC his company, and recently he donated to a course that is meant to clothe over a million children worldwide. He is a husband and a family guy and enjoys spending time with his family.

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Meet Mr Hussain Sajwani, the Extraordinary and Highly Respected Entrepreneurial Professional

Hussain Sajwani is a brave business professional who has achieved an excellent business portfolio through hard work and patience. DAMAC Properties, a company owned by Hussain Sajwani, brags of being one of the largest property development companies in the Middle East. Sajwani is the founder, chairman and is the majority shareholder of DAMAC Properties.

The owner Hussain Sajwani started DAMAC Properties in 2002. The core business objective is being a luxury real estate developer offering unmeasurable living experiences in Dubai, the United Arab Emirates. Employing design and quality, DAMAC Properties has built an unmatchable reputation innovating some of the unique properties.

DAMAC Properties is a forerunner-brand that has played an essential role in providing job opportunities to more than 2,000 employees. The company has been publicly-highlighted in the Dubai Financial market where it trades its shares and has performed pretty well over the years. In addition to that DAMAC Properties provides quality products and services in the industry such as catering and real estate development. The firm has merged with well-known fashion and lifestyle companies bringing outstanding ideas in the market. Examples being Tiger Woods-designed golf course, Versace Home, Fendi Casa and Just Cavalli just but to mention a few.

More About Hussain Sajwani, Founder and Chairman of DAMAC Properties

Hussain Sajwani, the owner of DAMAC, is a United Arab Emirates (UAE) citizen and a graduate from the University of Washington. He started at a high note as the contracts manager in a company known as GASCO, which is part of ADNOC, an Abu Dhabi National Oil Company. After a short time of exercising his prowess, Mr Sajwani ventured into business directly where he started his own catering business in 1982. From the humble beginnings, Hussain Sajwani DAMAC Owner has grown from strength to strength to become a lead manager of over 200 projects in the United Kingdom, Africa and the Middle East.

Furthermore, Sajwani with his diverse expertise in marketing, sales, legal, finance, property development and administration, became one of the brainchildren of the property market expansion in Dubai. Hussain Sajwani contributed to the growth of Dubai through investing in several hotels to accommodate the growing population that jetted to Emirates for business, leisure and trade.

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Newark Gets New High Rise From Shaq and Boraie Development

Boraie Development knows how to get big urban projects finished. Their Newark, N.J. project is no exception. The new multi-use high rise apartment building has a lot of people excited. Among those people is an NBA superstar by the name of Shaquille O’Neal, who is a major investor in the project, now known as “Shaq Towers”. Shaq is a native of Newark, New Jersey, and he is ready to help breathe new life back into his old town.

 

He isn’t the only one who’s excited. New Jersey Governor Phil Murphy, Newark Mayor Ras Baraka and many other dignitaries recently gathered to celebrate the completion of the final floor of the project, officially known as “One Rector Street”. Its called a topping off ceremony. The building is scheduled to be completed by the end of this year, with pre-leasing starting in October or November. The apartments are being described as luxury apartments at affordable prices, according to Omar Boraie, of Boraie Development.

 

According to Rutgers, the project has been a collaboration of many key players including Shaquille O’Neal, Boraie Development, Goldman Sachs Urban Investment Group, The City of Newark and the State of New Jersey who provided a $24 million dollar tax credit for the project.

 

This project is being called a public-private partnership. Partnerships between private and public entities are becoming more common and may end up being the blueprint for urban development in the future. Boraie Development is on the leading edge of these types of projects, and actually has another large project scheduled in the near future in Newark. O’Neal and Boraie Development have announced plans to build another 35 story skyscraper in the city of Newark, on McCarter Highway. For more details visit Bloomberg.

 

Getting large projects done in urban areas can be particularly challenging. But the rewards are worth the effort. New buildings bring new jobs and a sense of pride in the community. This is the first high rise building to be erected in Newark in 50 years. With another high rise in the works, Boraie Development is doing its part to bring growth and change to urban America.

 

 

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How Omar Boraie has Redefined Real Estate Development in New Brunswick through Boraie Development LLC

New Brunswick in New Jersey is home to one of the leading real estate developers in the area, Boraie Development LLC. The company has created a reputation for specializing in spectacular urban real estate development. Sam Boraie, the 72-year-old founder and president of Boraie Development, takes significant pride in witnessing his vision for New Brunswick being realized over the years.

Boraie Development stemmed from Omar Boraie’s need to redevelop New Brunswick in a bid to resemble what he had witnessed in Europe as a traveling scholar. He established his business in 1972while working in Europe. Omar’s initial project included a block of 21 run down and vacant buildings. He was at one point thought to be crazy because of building high-rise condos and an office building in the downtown area of New Brunswick. For more details visit Crunchbase.

According to Patch, to provide the New Brunswick city with additional quality residential units, Omar Boraie envisioned the development of a high-rise building similar to the ones in New York. The vision paved the way for the Spring Street Condominium Building, which is a 25-story building with 121 units, a parking garage, retail shops and office space. Later on, Omar Boraie identified an opportunity and market for luxury developments in the area.

Recently, Boraie sought to attract a younger and trendy lot of tenants that seek style and convenience through his latest development the Aspire. The building is located in an area that offers a wide range of night life, entertainment, and restaurants.

About Boraie Development LLC

Boraie Development LLC is a New Brunswick-based real estate development company. It has a reputation for providing services that are mainly focused on various areas of urban real estate market development. The company prides itself on its team of experts that is devoted to developing outstanding properties while offering unmatched services to its client portfolio. Working with architects with vision, the strongest financial institutions, and contractors that understand deadlines has allowed Boraie Development to ensure not only success but also the timely completion of its projects.

Over three decades, Boraie Development has shown a deep commitment to employing its reliability, capital and vision into all the company’s projects. Moreover, the company’s development record of accomplishment has played a significant role in steering it into one of the leading developers in New Jersey. To undertake its projects, Boraie Development LLC gets funds from private capital sources like leading commercial banks as well as from its own capital. As a result, it creates projects that are appealing enough to financial partners, residents, and tenants who are in turn pleased with the company’s long-term ownership commitment.

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Boraie Development Outstanding Excellence

Boraie Development LLC has worked with a wide range of zones of New Jersey. They have made their blemish on various residential communities around the state and even in the huge Atlantic City. They have been effective with everything that they have done and they keep on providing their administrations to a wide range of regions. As a land advancement firm, they need to ensure that they are doing the best for the general population who are in various zones. This has enabled them to ensure that they are making the best decision for their business and for the general population who they serve.

According to NY Times, the residential community feel that Boraie Development has had was their unique arrangement. They needed to ensure that individuals could get what they required from the improvement firms and this allowed them to improve things for themselves. There were commonly when Boraie Development LLC realized that they would have been ready to do diverse things and they took these risks and kept running with them. Since they were doing as such well with what they had in residential communities, Boraie Development LLC concluded that they should fan out to various territories in New Jersey. Visit Bloomberg to know more.

The primary region that they stretched out to was Atlantic City. This is a territory where there is an enormous measure of land to create and a colossal requirement for various improvements. Boraie Development LLC realized that they would be fruitful there and they took as much time as necessary in securing areas in Atlantic City. They not just settled retail puts in the region, and in addition eateries, yet they likewise attempted to ensure that there was sufficient space for clubhouse to have the capacity to stretch out in the event that they needed to do as such later on.

By giving their administrations to such a differing gathering of areas, Sam Boraie has possessed the capacity to be fruitful. They needed to ensure that they were on a par with they could be and they offered their administrations to various sorts of areas. They did this since they realized that they would have been ready to do distinctive things. This enabled them to be fruitful and allowed them to flaunt their abilities. Boraie Development LLC is anticipating significantly more achievement and working in other bigger territories of New Jersey, similar to the city of Newark. Check-out his website boraie.com

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The Dynamic Works of Jason Halpern

Jason Halpern: Real Estate Entrepreneur
Jason Halpern: Real Estate Entrepreneur

Jason Halpern is a real estate developer with many New York investments and projects, as well as projects in Miami. In 2007, he took over his family’s business in Real Estate Development. Jason has always had a strong interest in property development, taking on projects and working with his father as early as when he was in High School. His passion for the business led to an extremely successful career in the field.

Halpern is the founder of JMH Development, which Jason calls a “boutique development firm”. JMH Development works with residential as well as commercial properties. The firm has many sought after projects. The company has completed an impressive $500 million in projects in the last decade. Since 2010, Jason Halpern has been the managing partner of the company.

Jason Halpern with Crunchbase Production

One of the most distinctive projects is 300 Collins Ave, a 47,000 square foot space located in Miami. Other projects include: 184 Kent, South Beach Starwood Hotel, The Townhouses of Cobble Hill, 70 Henry and LIC Hilton Hotels. The company also specializes in mixed use, hospitality and residential properties.

Jason Halpern with his Mates

Mr. Halpern ensures that the employees at his company are well trained an knowledgeable in the field of real estate development, as his company has a proven track record of success. His company also makes significant contributions to the communities in which they build and work. He feels that this is more fulfilling, and strives to be involved in community activities.

Through his efforts and hard work, Jason has become one of the most respected real estate developers in the nation.