Focus on Omar Boraie’s Visions for New Brunswick

Omar Boraie is a farsighted individual and has for the last forty years appreciated the exceptional prospects in the area of New Brunswick. He has invested in a number of properties in the area with The Aspire being his latest development. The Aspire is expected to house an amazingly luxurious high rise and deluxe residential building. This particular project has remained his main dream for a number of years and he is just happy that it was finally becoming a reality.

Omar Boraie’s Dream

Boraie Development LLC’s head, Omar, admitted that this particular project was doubted by a large number of people for several years. He had a huge desire to ensure that New Brunswick was rebuilt in an almost identical manner to what he had witnessed in Europe in his travels when he was schooling. He remembers that the area used to be terrible in the past such that walking on the streets past 4 p.m. was not done at all. He set his mind on changing this narrative and that marked the start of his dream. Visit Central Jersey Working Moms to know more.

Previous Investments

Omar started off by buying 21 buildings that were crumbling in a bid to start realizing his dream. He bought all of them and started renovating them. Most people thought that he was insane not realizing that he was just a visionary individual whose ideal time had come early. Omar Boraie created office space from the first building, which he named Tower One. In 2003, he constructed Tower Two that was just adjacent to the first one. The towers were a great start but Omar realized soon enough that the area also required top quality residential spaces. He embarked on a journey to build high quality condominiums. The end result was a 25-storey building that contained 121 residential units. The building also provided spaces for retail businesses, parking garage, offices and adequate space for pet walking and barbeques. This was according to an article published via Central Jersey Working Moms. Check out Fundacity for more info.

About Boraie Development

Boraie Development LLC offers various services in real estate in urban areas like property management, real estate development as well as sales and marketing. Boraie Development is devoted fully to developing great properties as well as offer unmatched services to all its clients. The company’s forte has from the beginning being teaming up with the strongest and best financial institutions, contractors and visionary architects who understand the need to observe deadlines. This guarantees the successful delivery of all its projects in a timely manner.

See more: http://centraljerseyworkingmoms.com/category/boraie-development/

Susan McGalla’s Rise Through The Ranks

Having worked her way up to attain high level positions, American businesswoman and executive consultant, Susan McGalla has helped smooth the journey for other women.

Growing up in a family with two older brothers and a football coach father, McGalla acknowledges her upbringing for her ease in working with both men and women. It was necessary for her to work for what she wanted despite being a girl and she has brought this view along with her into adulthood.

McGalla began her career at Joseph Horne Company, working in a range of advertising and managerial positions before joining American Eagle Outfitters. At the time she began working at American Eagle Outfitters all the executives were men. When she left the company she held the position of company president and chief merchandising officer.

She then launched P3 Executive Consulting before taking on the role of vice president of business strategy and creative development for the Pittsburgh Steelers.

And while women’s initiatives and networks have worked diligently to transform change, statistics still reveal women hold merely a small percentage of high level positions in S&P 500 companies and make up just 25 percent of senior roles in companies worldwide. The initiatives could work to make available a program for women to organize, strategize and prepare their enterprise while at the same time build relationships with other women in their industry.

Producing mentorship and sponsorship opportunities for women is one answer that would address the gender discrimination issue. For example, women that are dedicated to their careers should find a decision making executive to act as a sponsor who could lend a hand in generating favorable circumstances for them.

The sponsor, who could act as an advocate, would recommend women to lead ventures or manage significant assignments.

McGalla received a bachelor’s degree from Mount Union College. She is married to Stephen McGalla, a wealth manager.

She sits on the board of commercial real estate firm HFF, Mount Union College Board of Advisors and Magee-Women’s Hospital Research Institute and Foundation.

How Jim Dondero’s Assertive Investing Pays Off

Jim Dondero of Highland Capital Management, L.P., is not someone that at first blush you would think is a person who makes bold investing choices. He is very modest and comes across as unassuming. However, his ability to make daring investment decisions in one of the key reasons that the company has been so successful investing in alternative investments. Two of his big calls recently were in Argentina as well as master limited partnerships after those had been hard hit. He is the President of the company as well as one of its co-founders.

In 2012 during the midst of Argentina’s debt disaster, Jim Dondero started heavily researching the country’s situation. After several trips over two years, he and his team determined that the country would turn things around due to Argentina’s rich natural resources, educated populace, and strong infrastructure. He took a large position in the country’s sovereign debt, up to almost 25% of one his fund’s assets. This paid off very well when the bonds that Highland Capital Management has bought for 70 cents on the dollar each ballooned to 120 cents on the dollar.

Around the same time he started investing in Argentina, Jim Dondero saw an opportunity with master limited partnerships (MLP) being a great investment. Usually these trade in correlation with the price of oil and gas, however, they had dramatically gone down far more than the price of gas and oil had. MLPs don’t pay out based on the price of gas and oil but instead on how much volume flows through the pipes. Jim Dondero put a large amount of investment into MLPs which quickly paid off with a huge return of 18.3%.

James Dondero has been in the financial industry for over three decades. He co-founded Highland Capital Management in 1993 and was instrumental in the company’s initial success investing in collateralized loan obligations. He is deeply experienced in alternative investing including REITs, ETFs, hedge funds, and private equity funds.

It was in 1984 that Jim Dondero first started in the industry, working as an analyst at Morgan Guarantee. He had also worked for American Express and Protective Life before forming his own company.

 

 

Get Cash Fast By Using Your Stocks

If you are in need of fast cash and you own equities, the chances are good that you can get a fast loan using stocks as collateral for a loan. It makes no sense to sell your stock to get some fast cash, since you have to pay broker’s fees, and really do not want to divest yourself of the stocks.

If you see a bank or a conventional lender, they are likely to lend against your equities. However, there are certain equities against which they will not and can not lend. There are government regulations that prevent lenders from using certain stocks as collateral.

The bank will want a business proposal detailing the use of the loan proceeds. Their interest rate will be very high compared to other loans. They will lend only up to 40% of the value of the stocks. Then, it will take some time to fund such a loan.

You figure that you could sell the stocks and get more money, and get it faster. But wait! Don’t sell those stocks!

AT Equities First AU it is very different. They will take your stocks as collateral on a loan of up to 80% of the value of the equities. More Here .

They have no restrictions on the types of stock they can use as collateral, since they are a private company, and the restrictions do not apply in that sense. They do not need to see a business proposal. they figure it is your business what you do with the loan proceeds. Their interest rate is among the lowest in the business. Their funding is fast and convenient. It simply makes better sense to talk to Equities First AU first!

http://www.businesswire.com/news/home/20141102005020/en/Equities-Holdings-LLC-Continues-Growth-Acquires-Sydney-and-Perth-based for more .

Chris Burch’s Is Disrupting The Hospitality Industry As We Know It

Do you want to cool the summer heat on a sandy beach in a remote highland in Indonesia? Nihiwatu hotel in Sumba Island is your best option. The hotel gives its customers an experience like no other.

The hotel is aptly called the “Edge of Wilderness.” It is a brainchild of legendary businessman Chris Burch who built the hotel in partnership with his ally, hotelier James McBride. The two acquired the hotel that occupied the land where Nihiwatu was built in 2012. Over a period of 3 years, they refurbished the old hotel into the now tourists paradise, Nihiwatu. The cost of revamping it was $30 million, and it commenced operations in the year 2015.  Check this on prnewswire.com

Chris Burch is an acclaimed businessman whose built household retail brands across the globe. He makes a debut in the hospitality sector with the Nihiwatu hotel project. Chris Burch’s business acumen has turned his name into an own brand.

With only one year in business, the hotel has already bagged the best hotel in the world award, hop over to forbes.com for additional details.The hotel’s excellent facilities, its panoramic view of the ocean, and customer service made the hotel earn this award.

Chris Burch openly speaks about the reasons behind him venturing into the hospitality sector and specifically why he built Nihiwatu hotel. In an up close interview with Business Jet Traveler, he said that the hotel is a dedication to his children. He also hopes that the hotel can empower the communities living in the Sumba Island. The hotel is the top employer in the island A percentage of profits from the hotel are channeled to the Sumba Foundation, a charity that mobilizes resources to help develop projects for communities in Sumba Island.   The site, bjtonline.com has additional info.

Chris Burch has his private home within the hotel. The house is called Raj Mandeka. Tourists can experience the ambiance and exclusivity of the house with its four villas and the main house.

The hotel has invested in a state-of-the-art wellness center that is home to some of the best yoga trainers. Guests also have the freedom of enrolling into private yoga sessions that are customized to each client’s needs.

Other resource link here.

Chris Burch likes working with individuals who are disruptively gifted and strive to be masters of their trade. For instance in Bueno Aires, he took Faena Hotel and transformed it into one of the best holidays get away. This character has enabled him to soar to the heights of entrepreneurship.

For more hit http://mashable.com/2013/07/21/christopher-burch-interview/ – Vn1TDJ1R3qqC

The Life and Work of Sam Boraie

Sam Boraie is from the New Jersey city of New Brunswick where he works with a company called Boraie Development Properties. Other than this firm, the city is known for other big institutions such as Johnson and Johnson, the consumer product giant and Rutgers University which is one of the most prestigious universities in the state of New Jersey. Having been with the company for many years, 2016 was perhaps one of the most successful years for Sam Boraie as he managed to find new projects for the company in Atlantic City. At the same time, he was able to expand his role with the company as he was identified as the main executive of Boraie Development. Like any other crime and poverty ridden cities in the United States, Atlantic City had been struggling economically with people unable to pay mortgage and rent. However, projects by Sam Boraie are changing the outlook of the city, and people who might have left the city for economic reasons are choosing to come back. Also, the new projects by Sam Boraie are attracting investors into Atlantic City.

The firm that Sam Boraie works for was established many years ago by his father Omar Boraie who was a chemical engineering student from Egypt. His father saw the opportunity to grow a real estate business in the New Brunswick area, and he took it. 30 years later, the firm he founded is now run by his children including Sam Boraie. The siblings have an equal share in the company. The firm still maintains its headquarters in New Brunswick and employ hundreds of locals. As of today, Sam Boraie serves as one of the senior vice presidents of the company, and his responsibilities include advising the company on various issues such as finding new projects and handling sales issues. Click here to know more.

During his tenure as the vice president, some of the projects that the firm has being involved in include the construction of the 25 story building on the One Spring Street as well as the construction of a 238 unit project found near the New Brunswick Train Station. Sam Boraie does not concentrate his projects in the New Brunswick area alone as he also has projects in other cities within the state such as Atlantic City and Newark. Examples of projects in these towns include the Albany St. Plaza that is found in Newark as well as the Beach at South Inlet. These two projects have cost the company millions of dollars. However, they are highly valued and have high return prospects. Sam Boraie projects take care of investors, gamers, holiday makers as well as people looking for apartments to rent.

Sam Boraie spends some of his time helping the society. For instance, he serves as a board member of the State Theatre of New Jersey where he is known to make outsized donations. His latest donation includes a $650,000 cheque to be used for various purposes. He is also actively involved in another non-profitable organization called the Elijah Promise that devotes its time and resources to helping poor people in the New Brunswick region.

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