The real estate industry keeps growing globally. Atlantic City has not been left behind either. If this is anything to go by, there is a mega project by Boraie Development coming up consisting of 250 apartments. The project is one of the largest in the city as they aim to change the face of the town.
Originally, Atlantic City has been known for not growing over the past years. It is probably a new light that has dawned on the city with Boraie Development contributing to the growth. During the recession, Atlantic City was among the worst hit which made a massive collapse of casinos in the area. However, it is such firms as Boraie that have renewed the city.
The project, The Beach at South Inlet, is expected to serve a large population who work there. The budget for the project is approximated at $81 million and is expected to be among the first market-rate development in Atlantic City in the past 25 years. Beach at South Inlet is set to serve a large population whose work is in the city.
According to Press of Atlantic City, this is a win for the city because it is a sign of it stabilizing. The closure of casinos due to the financial distress has paved room for the real estate industry to show potential for thriving. There is more to come especially with different firms showing interest. Boraie Development has identified that the millennials are the next big thing and they know what they want. The project will have social amenities like a gym and swimming pool. Visit press of atlantic city to see more.
Omar Boraie is the President of Boraie Development with his oldest son, Waseem Boraie as the vice president. The company has successfully built a series of buildings in Atlantic City. One remarkable project was the One Spring Street Condominium in New Brunswick which was completed in 2007. The project later sold out in two months. The building consisted of 121 residential units with a 400-space for parking. All this was possible because Omar identified a need for the city to continue growing.
Boraie Development came into existence in 1986, which means that the company has over 30 years of real estate experience. Their central headquarters are in New Brunswick in New Jersey. The company is a residential and commercial specialist, relocation specialist as well as in charge of developing condos and townhouses. They boast of a team of experts who are involved in their top notch projects.
See more: https://re-nj.com/report-new-250-unit-rental-project-rising-in-atlantic-city/
As someone with deep experience in the Miami real estate market, Samuel Strauch has focused on Trump’s immigration policies and how it could affect it. Founding Metrik Holdings in 2002, he is the principal of the company and keeps consistently apprised of how property is being bought and sold in the greater Miami region. When Trump was elected as president, Strauch has said that it generated the hope that real estate markets, including Miami’s, would be bolstered.
Samuel Strauch says that Miami’s real estate market has been doing very well in recent years regardless. Single family home prices had gone up 8.6% in 2016 while condos and town-home selling prices had also gone up as well by 5.5% compared to the previous year. The luxury market has been doing very well, Strauch says. People with a lot of money have been drawn to Miami over the years, especially Miami Beach. According to him, Fisher Island is the fourth most expensive real estate market in the United States. South Beach, Strauch says, was ranked by Forbes Magazine as the 11th most expensive zip code in the nation.
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One of the things that has been driving this growth in prices, Samuel Strauch says, is the desire of foreigners to own real estate in America, especially in Miami. Many people from Latin America want to own properties in the Miami area whether it’s as an investment or because they want to live there. Europeans are also drawn to Miami due to its year-round summer weather.
Samuel Strauch says that the immigration policy that Trump settles on will have a big impact on real estate markets. He says that unrestricted travel encourages investment in real estate while stricter immigration laws will do the opposite. This will have a really big effect on Miami real estate, in particular as about 70% of the real estate sold is bought by foreigners.
If stricter immigration laws are put in place, Samuel Strauch says that people can expect foreigners to invest their money elsewhere. He points to Canada as benefitting from tighter immigration in the United States according to behance.net. He’s especially hoping there is no change to the EB-5 immigrant investor program, where those foreigners who make a commitment to invest at least $500,000 will be given a green card for themselves and any family they have under the age of 21.
Find more about Samuel Strauch: http://www.realtor.com/realestateagents/Samuel-Strauch_Miami-Beach_FL__967574027
Marc Sparks is a Dallas-based serial entrepreneur, author, and venture capitalist. He is currently the man in charge of Timber Creek Capital, a private equity firm supporting startups in Dallas, Texas. The company nurtures young business talent into successful global brands. It provides startups with capital, incubation as well as business support services. Marc Sparks believes that a collaborative environment is a key factor in maximizing output. He operates a private investment portfolio of select companies under the firm.
He has been associated with the founding and running of dozens of companies. He is linked to names such as Blu Jay Wireless, Cardinal Telecom, and Cobalt Real Estate among others. Marc Sparks is a visionary and a respected business leader. He is adept at identifying ideas for a new business. He is also passionate about executing the business idea. He can deliver both short-term and long-term goals.
He has documented his entrepreneurial journey in a book called “They Can’t Eat You: My Unorthodox Path to Outrageous Success,” launched by Peak Publishing in 2014. The book details hard lessons learned from operating startups. Marc Sparks encourages young entrepreneurs and startups to be resilient and stay the course. He has also written numerous online articles on the subject of smart investment and business success.
Marc Sparks is dedicated to ensuring businesses with sound models get an honest shot at success. He offers insightful ideas to young entrepreneurs on how to win venture capital. He suggests you establish a clear strategy that articulates how their funds are going to be utilized. Provide a unique service, and use your existing sales data to draw growth projections. Build on the data to map your vision. Use visuals during the presentation to drive the punch line home.
He takes an optimistic approach to management and corporate culture. He does not fear a healthy challenge, but rather lives for the thrill of the win. Marc Sparks employs an open door policy and encourages open communication between his teams. He uses challenges in business as a stepping-stone to create solutions that deliver growth. He insists on recognizing the significant role of human capital in business success. Learn more: https://twitter.com/msparks5010?lang=en
Outside of business, Marc Sparks is an ardent philanthropist. He is a supporter of The Samaritan Inn, a temporary shelter for the homeless in Texas. He has also been associated with other charities such as Habitat for Humanity and Sparky’s Kids among others. He enjoys adventure travel and sports such as hunting and golf.
Eric Pulier, the longtime computer technology innovator is back at it again, but this time he’s focusing on something brand new. He formerly worked with government officials, large corporations and even non-profit groups, but now he’s become a startup company investor who is looking for small business apps that could become industry disruptors. His latest company that he shared with Ideamensch is vAtomic Systems, a company that explores gaming technology and uses gaming elements that could impact the real world. He also has a real interest in Bitcoin technology and its blockchain features.
Eric Pulier has certainly come a long way through the years having been a part of many computer software developments and ideas that have changed the technology landscape. He worked with early computers all the way back in the late 70s and early 80s while he was still in high school, and then pursued computer science on the side at MIT while he was studying American and English literature at Harvard. Pulier started working with software engineers out in Los Angeles and after working with some non-profit groups, he began Digital Evolution. This interactive software company was later merged with US Interactive, LLC.
Pulier specifically became interested in enterprise software and later cloud infrastructure. He was the head of the development of Desktone, a virtual desktop that would later become the foundation for VMware’s virtual machine program, and then ServiceMesh, a cloud computing platform for hosting enterprise environments in that was sold to the Computer Sciences Corporation in 2011. Pulier also helped form the Enterprise Cloud Leadership Council at TM Forum.
Pulier worked with the Clinton administration during former President Clinton’s reelection and was the director of the Presidential Technology exhibition as part of the State of the Union in 1997. In 1998 he worked with several healthcare agencies and multimedia producers to bring the virtual reality wonder Starbright World to several children’s hospitals. Today he works with the Board of Innovation at XPrize Foundation and also is on the Board of Directors for the Painted Turtle summer camp out in California. He’s also a father of four children.