Category Archives: Real Estate Expert

Boraie Development Set to Launch Modern 250 Residential Units Next Summer

As reported by The Press of Atlantic City, Boraie Development LLC is scheduled to launch a 250 apartment project next summer. Branded The Beach at South Inlet, the project marks a great step up after a 10-year glide in the city’s development. The 4-acre complex lot bound by Pacific, Atlanta, Connecticut and New Jersey avenues is anticipated to house the 50,000 population working at the resort town.

According to Wasseem Boraie, the company’s Vice President, the new complex will be equipped with modern amenities, including gym, courtyard residents’ lounge, and swimming pool. This is in order to meet the modern housing demands of the current generation who know what they want. The project is therefore expected to revive the city’s aging housing stock. According to a research conducted by neighborhoodsout.com, 60% of the city’s housing stock is over 40 years old.

Frank Gilliam, the mayor-elect, applauded the project as the city’s first market-rate in more than 25 years. According to Gilliam, every city needs an updated housing stock. He said the project will promote population growth in the resort town. According to Sam Boraie, the launching of Hard Rock’s property and the possible reopening of the Revel Casino-Hotel will attract residents to the area. As revealed by Hard Rock, the renovation project will generate over 3,000 permanent and 1,000 construction jobs. Boraie says this together with Revel reopening will provide 5,000 new jobs thus increased demand for residential units. Boraie also envisions the beaches near the property as an attraction for individuals renting such properties as second homes. For more details visit Crunchbase.

About Boraie Development

In a report by Patch, Boraie Development was established in 1986 by Omar Boraie, currently the President of the company. He started by buying neglected packages at Albany Street and later opened the Albany Street Plaza Tower One in 1988. Based in New Brunswick, the company currently offers property management, real estate development and marketing services.

The company partners with architects, financial institution, and constructors who work to ensure quality delivery of projects within the stipulated time-frame. Boraie Development’s property management functions include accounting, administration, leasing, maintenance, and marketing. The company’s long experience and reliability have promoted its reputation and made it one of the most sought developers in the region. You can visit their website boraie.com to see more.

Click here: http://www.boraie.com/

Nick Vertucci Story a Source of Inspiration to those from Humble Backgrounds

Philosophers say that your past does not dictate your future. Nick Vertucci a successful real estate expert understands too well this phrase as it is a true reflection of his life. Nick life history is a true inspiration and motivation for anyone who is experiencing hardships in life and is on the verge of giving up.

Nick grew up from a very humble background. Things even got worse when Nick was ten years old as this is the time he lost his father. The sudden demise of his father made his mother to turn as the family sole bread winner and was forced to work long hours in order to provide for Nick and his siblings. Nick at the age of 18 had already moved out from his mother’s house and had started living out in his van. According to Nick this was the lowest moment in his life.

Nick then ventured into business and opened a business dealing with computer accessories. The business was doing very well and Nick enjoyed every bit of it including being his own boss. Nick gained some financial independence and saw that this was an opportune time to have a family; he got married during this period and together with his wife got three daughters. Things were going quite well for Nick However in the year 2000 as a result of dot com crash his business and all his finances got dissolved leaving him totally broke because he had not made any investment. Nick for the next one and half years lived on very little to no income and had incurred huge debts from friends and relatives.

Nick Vertucci turning point happened when he was invited by a close ally of his to a real estate seminar. Nick was however hesitant to attend the seminar but later changed his mind and agreed to attend the seminar. Little did Nick Vertucci Know that the seminar would be his financial breakthrough. After the training Nick knew very well that his purpose in life was in real estate. He immediately began researching and reading everything on real estate. His commitment, resilience and dedication made Nick a millionaire in the real estate industry a decade later. Nick developed a system that enabled him make more money in real estate. Nick Vertucci his passionate about helping others who might be facing financial difficulties gain financial independence. As a result Nick shares the system he developed with those that are interested in the real estate business.