Category Archives: Real Estate

Sam Boraie, a Real Estate Developer Involved in His Community

 

Sam Boraie is a philanthropist and real estate developer who is connected with projects in New Brunswick, New Jersey and other cities in the state. As a vice president at Boraie Development LLC, a company founded by his father Omar, he focuses on finding potential development projects. The senior Boraie came to the U.S. as a college student from Egypt several decades ago.

 

Boraie Development’s completed projects include The Aspire, a 238-unit high-rise near the New Brunswick Train Station and One Spring Street, also in New Brunswick. The latter is a 25-story, mixed used space of 400,000 square feet that includes residences with owners, a health club, roof deck and other amenities.

 

Another project was The Beach at South Inlet in Atlantic City with 250 residential units near the Boardwalk and the Atlantic Ocean. For Newark, the company developed Albany St. Plaza. It’s a project in the downtown area that features 250,000 square feet of office space and 20,000 square feet of retail space.

 

Pending is The Rector, a 26-story building with residential units, in Newark. The Estates at Waverly Place is a project under construction in Montgomery, New Jersey, about a 30-minute drive from New Brunswick, that will result in seven custom homes.

 

Feeling committed to the community, Boraie is involved in civic activities. He is on the Advisory Board of Elijah’s Promise, a New Brunswick organization that feeds the hungry. Not only does the nonprofit prepare and serve meals, but it aims to stamp out hunger by giving people access to fresh food. Elijah’s Promise offers training in the culinary arts and baking so that people can find jobs in restaurants and bakeries. It also invites the community to attend its cooking classes.

 

Boraie also sits on the Board of Trustees of State Theatre New Jersey in New Brunswick. It’s the state’s second largest not-for-profit. Opened on December 26, 1921, the theater hosted vaudeville performances and film screenings in its early years. Beginning in December 2003, State Theatre underwent a one-year renovation to restore it as nearly as possible to its original state.

 

Today, it is the scene of music and dance performances, Broadway shows and family events. Teachers and students attend special performances. For the summer of 2017, Boraie Development will be one of the sponsors of free film screenings for children on weekday mornings and evenings at the theater.

Adrián José Velasquez Figueroa Guide on Buying Real Estate Property in Panama

Panama is a country with the best tropical climate, sandy beaches, and beautiful landscapes. The country’s residents are fun loving and show hospitality to everyone around. Therefore, most people look forward to acquiring a residential property in the Panama. Buying property in the country without the help of Property Management Company is a bit challenging and time-consuming. Therefore, Adrián José Velasquez Figueroa gives some insights how to buy real estate property and earn a lot on income on investing in Panama.

Adrián José Velasquez Figueroa urges buyers to purchase a property below the market value especially if they are taking out a mortgage. This ensures that if the value fluctuates, the amount acquired from the tenants is enough to cover the mortgage and bring some profits. Consult with the real estate brokers to understand the value of the property before making a purchase. Additionally, familiarize yourself with the Panama real estate Laws to know more information on buying property in the country on Twitter. In case you want a rental property for the tenants, check for the accessibility and availability of private and public services, for example, a swimming pool, gym or a parking area. Ensure that the tenants use their names to pay the services to avoid any eventualities or price fluctuations.

Before buying a rental property, choose the right neighborhood depending on the target population and the amount of income you have for the investment says Adrián José Velasquez Figueroa. Real Estate property in Panama City is expensive and has high demand than on the islands and mountains. Run an inspection on the construction of the house before purchasing through the help of a licensing housing inspector. Consider the number of rooms that the house has rather than calculating the size using square footage. Finally, after the purchase, if you live far away from Panama, hire a company or a person to help in the administration of the property.

Adrián José Velasquez Figueroa is a Venezuelan native living in Panama. While visiting Panama, Figueroa enjoyed the serene environment and the kindness of the people and decided to become a permanent citizen of the country. He started working with several businesses, and he is currently the Treasurer, Director, and President of five different companies in Panama. As a member of the Panama business community, Adrián José Velasquez Figueroa helps grow different start-ups and improves the financial conditions in Panama. He also mentors the youth leaders in the community into starting their businesses.

How to Satisfy Clients in Hotel Real Estate Like Terry Baltes

The hotel real estate industry is improving the special amenities to satisfy the customer. The guests’ expectation is increasing that requires special perks like free Wi-Fi, complimentary breakfast and premium bed linens. As reported by the J.D Power 2016 North America Hotel Guest Satisfaction Index.
The study measures customer satisfaction in Luxury, upper upscale, upscale, upper midscale, midscale, economy/budget, upper extended stay, and extended stay. The measures are then analyzed regarding reversion, check-in & out, guest room, food & beverage, hotel services, hotel facilities and costs to determine satisfaction on a scale of 1000 points.
The study found that unlike previous years which experienced improvement of overall satisfaction of 25 points, there is a smaller increase of a point in 2014 to 2015.
On average, there is growth satisfaction for four consecutive years with only about 2 points increase from 2015 to average 806. Even when the customer response to the changes has been good, the clients still need more value addition to complement the perks that are standard. According to Rick Garlick, to differentiate a brand, hotels need to create a strong service culture to make guests feel important and appreciated. This is evident in the luxury segment which improved amidst stagnating other segments.
Moreover, the younger guests are less likely to be members of hotel rewards than old guest even when satisfaction is high among members of hotel reward system. The result shows that every succeeding generation is less likely to belong to reward program than their predecessor because online/Mobile check-in, availability of most essential amenities, and social media feedback are the crucial perks.
Terry Baltes Commercial Ltd. Terry Baltes is a real estate firm based in Centerville, Ohio, in the US. Founded by Terry Baltes, the firm specializes in real estate, construction, and architecture. Terry Baltes has a long record of successful in sales of self-storage facility like the recent listing of a self-storage facility in Clayton, Ohio in February 2013.
The firm success relies on the experience of its founder, Terry Baltes who has an extensive range of property sales. Follow Terry on Linkedin to learn more about his career.

Real Estate Coaching In Today’s Market, With Real Estate Mavericks

There’s no question that the real estate environment has changed greatly. Today’s real estate professionals are working in a post economic meltdown environment, all of which came about after the big real estate bubble burst in 2007-2008. After that, the reality of working in real estate changed greatly, and only those professionals with true market knowledge and expertise were able to stay in the game.

All of this means that the approach to the profession has changed greatly, and those realtors who really want to do well are developing skills in new ways. One of the key elements to success in the current market is to hone those skills through coaching.

The Major Impact of Coaching on The Current Real Estate Culture

Today many realtors starting out are highly advised to enroll in coaching groups as a way to heighten their skills. Coaching also makes real estate professionals accountable to their coaches, which is a process that is showing amazing results. There’s really no debate about it, those realtors who commit to coaching do better than those who don’t. So what does it all involve?

The Coaching Process

One approach is to develop “Mastermind” groups with twelve people in each group. These groups assign group partners, so each realtor must have accountability and a weekly check in with their partner to show their progress in growing their business.

Beyond the value that a weekly check in brings, these groups of realtors also share their ideas about what’s going on in the market and they answer each other’s questions about the realities of their business. Ultimately, people in these coaching groups bond in a major way and they also experience great success as sales people. All of this is greatly valuable in today’s very competitive real estate market. People who succeed ultimately stay and make a lasting career of real estate, which is very good for the business as a whole.

Real Estate Mavericks

One of the up and coming coaching companies working today is at www.Realestatemavericks.com. The coaching strategies provided by this company are dynamic and thought provoking. The theory expounded by the Real Estate Mavericks is that using outworn ideas doesn’t work in the current real estate landscape.

The Real Estate Mavericks offer a series of coaching courses that teach innovative strategies like how to “Make every agent your listing agent” and a “29 Day Fast Sale Plan.”

Yes, some of these coaching ideas are edgy, but they are created with the idea of shaking things up and getting realtors excited about what they do and and really succeeding at it. The results are in and the approach to coaching taught by the Real Estate Mavericks is bringing in the business, so why not check out their website today?

Los Angeles Real Estate Booms Again

Back in 2007 and 2008, the U.S. economy faced a major meltdown, lead largely by problems associated with the real estate bubble. Yes, it was a devastating time for Americans in every field of work, but realtors, understandably, had a very hard time dealing with the fallout of the meltdown. Today, however, there is good news about real estate, as cities like Los Angeles are currently seeing a major comeback. Once again, it’s an exciting time to be a real estate professional, especially in this again thriving entertainment mecca.

Realtors Get Busy as The Tech Boom Heats Up

Part of the surge in housing demand in Los Angeles is coming from the boom in tech jobs. Los Angeles is becoming a mecca for tech startup companies, and many are starting offices in the beach areas, which has lead many to call the new business area “Silicon Beach.” These hot, well paying jobs are attracting many families who are relocating here and understandably, these people need professional, licensed realtors to show them homes. All of this is good news, of course, for real estate professionals in the area.
Los Angeles Realtors

Realtors in competitive areas like Los Angeles have to be skilled at what they do. Many realtors have a background in finance, law and economics. What’s also needed is an ability to work well with people, as home buying is a very sensitive and emotional exercise. The best realtors know this, and combine these skills with a wide base of social connections.
A New Approach

Some people who are new to realty are looking at fresh new approaches to selling. Today there are companies that offer coaching for people who are getting started in the profession. The idea is to help new realtors hone their skills while also considering news ways of working. Real Estate Mavericks, at www.realestatemavericks.com, is one company that is enjoying success with its coaching classes.

Real Estate Mavericks has the idea that some of the tried and true approaches to selling real estate need to be rethought. The classes with this company show realtors how to go about their sales approach in new ways that are innovative and very proactive. The success of the graduates of these coaching classes attests to the smart way this company is looking at the whole real estate profession.

Yes, it’s a great time to be selling real estate in Los Angeles. It’s also a smart time for new realtors to hone their skills, so why not give the Real Estate Mavericks a try?

Guidelines For Real Estates

For quite some time, it has been difficult for most buyers and sellers to make decisions based on buying, selling and renting real property. A real estate refers to all immovable things such as buildings, fixtures, fences, appurtenances scrubs and trees on a particular piece of land. Several types of houses have been built with an aim of accommodating different types of families, for example, the single-family detached house and multifamily detached house. Most investors believe that real estate is the best business to invest in because the moment one is educated on the best ways to get high returns, he or she can focus on cash flow. Cash flow refers to the amount of money one gets every month from rental houses.

 

One of the persons who have shown great interest in real estate development is Boraie Development LLC. Boraie is a 73-year-old man who hails from Dayton in New Jersey. He is the CEO and head of Boraie Development and was the first person to see potential in New Brunswick in the 1970s. Boraie had a great vision of bringing back the life of a dilapidated town by constructing new projects that aimed at improving the lifestyle of the city. He started his first project of rebuilding New Brunswick in 1972. People thought he was over ambitious when he began buying vacant rooms and dilapidated buildings in Brunswick block. Boraie was able to renovate the building to a panoramic view seen today on Albany Street. This renovation that brought class to the city was completed in 2003 from the 1980s and 90s

 

Boraie also thought of an idea that would bring rapid growth to the town, and this was the need for a top flight residential unit. He visualized the style used in New York City and took it as an idea of starting a condominium building. Boraie is working on his latest project “The Aspire” in New Brunswick, which is a luxurious residential unit on Somerset-street. Boraie also gives credit to the people he shared the same vision and said they have been of great help.

 

Several factors are to be considered before buying or selling a house such as the price, size and even the impression the home makes. It’s advisable that one takes time before deciding on what’s appropriate for them.

Haidar Barbouti Opens Doors in Houston

Like any other industry, the real estate market has its fair share of ups and downs. Downturns and bubbles might scare some away, but not Haidar Barbouti, one of Houston’s most accomplished real estate professionals.

Mr. Barbouti hit the ground running in the real estate business over 20 years ago. Incredibly, he has only gained strength since. Prior to making transactions, Mr. Barbouti completed his rigorous and rewarding academic training at Columbia University in New York, NY. By 1990, Barbouti was already among the most respected real estate professionals in the country. He blazed a trail of success from New York City down to Houston, Texas by acquiring large numbers of commercial and corporate offices, complexes, and properties.

In addition to overseeing the purchase of numerous properties, Barbouti is a successful businessman. Upon purchasing the Highland Village Shopping Center in Houston, Texas in 1990, Barbouti appointed himself Director of Leasing. He holds that same position today and oversees the financial aspects of leasing and renting the myriad of companies in that facility. Barbouti also plays a key role in managing daily operations and activities. Mr. Barbouti participates in upgrades and enhancements when necessary, as he knows the importance visitors place on having a clean and attractive shopping district. Simultaneously, Barbouti assumed the role of President at Fairfax Management Inc. in Houston back in 1997. Today, he remains the acting President there, and handles all aspects of owning, operating, and maintaining several multi-million dollar properties in the Houston area.

While many will never have the privilege of meeting Mr. Barbouti themselves, they can see his hard work paying off every day. Some people work in the scenic corporate offices that Barbouti owns in New York City, while others enjoy shopping at the historic Highland Village Shopping Center. In fact, this remarkable retail hub is one of Houston’s most iconic and coveted, destinations for visitors and tourists. Name-brand stores like Anthropologie, Williams Sonoma, Crate & Barrel and more eagerly open their doors for customers every day. After shopping ’til nearly dropping, people can stop for food and drinks at the facility’s restaurants, which include Starbucks, Escalante’s, Smith & Wollensky, and more.

New York City Real Estate Advice

The new year means now is the ideal time to dispose of that old spot.

Be that as it may with flat costs experiencing the rooftop and stock at memorable lows, that is less demanding said than done.

Costs are relied upon to rise about 4% in 2015, so the business sector is just getting to be all the more difficult. Anyway The News connected with specialists in the field for tips to help you roll out an improvement you can manage:

In Brooklyn, the normal loft is perched available for only 92 days, down from 143 days a year ago, so there’s no space for hesitating.

Realize what you can manage, get your financials in place, get pre-approved for a home loan, find a lawyer and have bank articulations and references prepared before actually setting foot in an open house.

At that point, once you see the condo you had always wanted, you’ll be in a position to grab the day — and cover the opposition.

The brisk riser gets the condo in New York. At the point when a decently valued posting comes on the web, its urgent to be among the first guests, since incredible lofts are regularly gobbled up inside the first day available.

Discover a proficient intermediary, investigate the sites of each firm, look through posting destinations such as TOWN Real Estate, and discover fabulous NYC apartments for rent.

With costs rising the whole way across the city, purchasers looking for a deal ought to stay open to potential outcomes they hadn’t considered, whether it be an area further abroad or a fixer upper.

One incredible suggestion: take after transportation. The areas that will be the fastest to create and gentrify will probably be those with incredible transport alternatives, specialists said.

With offering wars getting to be progressively predominant in each of the five precincts, its crucial to verify you have an edge over your adversaries — regardless of the possibility that you don’t have a thicker wallet.

Purchasers frequently believe that the most elevated offer will dependably win yet that is not so much genuine, specialists said. Rather, make yourself referred to the merchant as a dependable, reliable contender who will treat them — and their flat — with deference. Send them a customized note letting them know the amount you cherish their home, let them know you can close rapidly and be accessible if the need arises to issue them extra data whenever they may need it.