The Future Of Real Estate Market Is Safe With Omar Boraie Development

The epicenter of America is hovering in a plethora of crisis due to the diminishing trends of real estate. Most residents are shifting to New Jersey, in search of better housing. Being densely populated the area managers are faced with the challenge to expand the city with the aim of accommodating more residents. According to pressofatlanticcity.com, a real estate tracker in New Jersey, the city ranks among the best real estate providers in the nation. Even so, the city leads in foreclosures and delinquent mortgages. Consequently, the real estate market in New Jersey is pulling the entire country down. Although factual, it is evident that dwindling delinquency and high foreclosure rates reflect the significant effects and impacts of real estate to the development of the country.

Shaping real estate

In addition, the delinquency rates offer an actual picture of the economic situation of New Jersey. From the basics and fundamentals of life like employment rates in addition to the escalating home prices, this is an overall, alarming situation that requires a substantial approach. The future of New Jersey is expected to register positive trends that will impact on resident’s lives. As it seems, the current trends are taking a positive turn at resolving shortages in addition to the impending affordability and escalating market numbers.

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The future of real estate in New Jersey

According to a chief economist realtor, Mr. Lawrence Yun, the housing shortages might escalate in the future. This may vastly transition into an emergency as the population continues to grow. Another aggravating factor in this situation is the huge gap between the supply and demand of houses. Following the housing scarcity and the development of new property, the issuance of housing permits is also affected. Despite the mentioned factors affecting the real estate market in New Jersey, it is evident that some cities are better placed in terms of supplying the housing demands. According to the Re-NJ.com, the future of real estate lies in better managerial skills and undeterred efforts to provide better inventory.

Boraie Development

Boraie Development was established in 1972. Since then, the New Jersey real estate market has thrived through better, stylish, housing. Sam Boraie Development prides itself on being a leading real estate developer for both the high-income earners and the average income earners. The company has a diversified portfolio (see crunchbase.com) that offers preferential services at affordable prices. Perhaps Boraie Development’s success is appended to its ability to incorporate skilled architects, project managers and property developers.

JHSF and Jose Auriemo Neto’s Role as Chief Executive

JHSF is an authority in real estate in Brazil. Its operations include ‘commercial markets acquisition, executive airport development, upscale hotels and also residential developments. The company was founded in 1972 and became notorious for its ability to notice new opportunities for business in the area.

More on JHSF

Over the years, the company has consolidated its operations in Salvador, Manaus and Sao Paulo. Its main four units are: hotels, airports, restaurants and malls. Lately, the company has prioritized on supporting projects that bend towards putting up malls and hotels. It was in 2006 that JHSF, after restructuring, integrated companies such as Santa Cruz, JHSF Embodiments, CPIC, CAES, SAES and Boa Vista.

After the company acquired majority stakes in Hotel Fasano, it started to operate in the hotel sector. In 2014 June, the company bought the hotel network operated by Fasano. This placed the company in a comfortable position in the hotel sector in Brazil. It acquired the restaurants and hotel chains operated by Fasano at 53 million reais.

Jose Auriemo Neto

Jose Auriemo Neto works as the CEO at JHSF. Neto doubles as the company’s chairman. In this position he is tasked with overseeing the interests of the company’s interests in commercial and home developments all over Brazil. He is also mandated with the administration of the company’s retail and hotel portfolio. He oversees the Cidada Jardim, a one stop shopping complex. This complex is in Sao Paulo. Other complexes of this design include the Metro Tucuruv and the Bela Vista, both in Manaus. The Ponta Negra is also based in Manaus. There are other projects of this design being developed by JHSF.

Jose went to Fundacao Armando Alvares Penteado (FAAP) University. Jose started working for JHSF in 1993. A few years later, Jose founded the company’s service department. The Parkbem, a parking management company was also started in 1997. Owing to the success of the service department, Neto was licensed to develop JHSF’s first shopping complex.

Jose served as an executive of JHSF’s board since 2009. He has been a member of YPO since 1999.