Category Archives: Real Estate

Real Estate Done Right: Hussain Sajwani, the DAMAC Owner

Hussain Sajwani is a business man and real estate mogul who worked his way to the top of the game in Dubai. He started his career managing for the Abu Dhabi National Oil Company, saving up to eventually open a catering business which grew to serve the U. S. military among other large-scale corporations.

As soon as foreigners were allowed to own property in Dubai Sajwani started his own real estate venture, DAMAC Properties, eventually opening luxury apartments all over the city and developing two golf courses with Donald Trump in 2013.

DAMAC Properties, started in 2002, now holds over twenty thousand homes leased to the rich and famous of Dubai. Sajwani boosted his company’s reputation for luxury properties by making branding deals with high end companies like Lamborghini, Versace, and Bugatti.

Hussain Sajwani and his company DAMAC Properties contribute to charity in many ways. Most notably, the DAMAC chairman donated two million AED to a national charity whose goal is to provide at least one million underprivileged children with clothing. This funding initiative was developed and supported by the Sheikh himself. This donation alone was enough to provide for fifty thousand children. Mr. Sajwani was quoted as saying that the children of the Emirates were the future of the Emirates, and that giving them a good start in life was crucial.

Recently,  the DAMAC Owner has expanded his real estate empire to the United Kingdom, opening properties in London. He has won many awards and titles for his prowess in property management, including CEO Of The Year, Real Estate Legend, and Business Leader Of The Year. He has also been called “the Donald Trump of Dubai.”

Hussain Sajwani is married and has four children. His oldest son, Ali, has already begun to follow in his footsteps by winning titles for his business acumen from the Arabian Business Achievement Awards.

Dr Mark McKenna- A man with Power Medical Innovations Style

Dr. Mark McKenna went to well known Tulane Medical School and graduated with high grades. Mark is famous for his innovating mind, and he recently came up with OVME that offers stunning outlook to people’s bodies and the first set to experience its magical work are residents of Buckhead. The OVME is set to open doors to its clients starting March 2018, and it promises to offer general procedures with minimal invasion designed to give an enhancing look and also a beautiful feel to the Atlanta People.

OVME main agenda according to Dr. Mark McKenna is boosting self-confidence and self-esteem of people making them have positive adaption to life by giving it a new outlook. Dr Mark is the innovator behind the famous Shape Med Concepts and also the OVME. The Shape Med Concept was sold to the Lifetime fitness. Dr Mark McKenna boasts of introducing another of his concept the OVME to the market featuring high luxurious treatments rooms and individual consultations with secluded offices along four private areas.

Dr. Mark McKenna states that OVME focuses on the ability to use sophisticated and highly cutting-edge technology equipment, products and procedures. The product involves using medical aesthetics to produce unique results evolving beyond the beauty and pharmaceutical industry with the Atlanta residents enjoying OVME precise results. Dr Mark also promises on leveraging on the elective beauty and cosmetic healthcare and giving his patients the needed attention with his invasion procedures.

Dr. Mark McKenna after graduating with honours went to practice in New Orleans along with his father, and after the 2007 devastation of Hurricane Katrina, he relocated to Atlanta. During his years in New Orleans, he invested in real estate and later sold the business to start innovating in chains of affordable and effective cosmetic treatments. Dr. Mark McKenna states that OVME has an easy to use app that will keep his clients connected with other practitioners from different fields creating home on-calls doctors

https://ideamensch.com/mark-mckenna/

Chinese Buyers Increase Real Estate Purchases in New York City

The Real Deal Magazine featured an article by Hiten Samtani titled, “Chinese are spreading their wings in NYC, resi experts say at TDR Shanghai forum,” which can be found at http://therealdeal.com/blog/2015/09/12/chinese-are-spreading-their-wings-in-nyc-resi-experts-say/. The Real Deal Magazine covers real estate news in NYC and it recently held its first ever real estate showcase and forum in Shanghai. This article talks about Chinese buyers increasing their residential investment purchases in NYC and presents several influential NYC real estate brokers and developers who explain why this is happening. They talk about how NYC apartments for rent on townrealestate is safe for a big city and developers are building incredible properties creating an environment where there is a constant demand from buyers.

One of the panelist in this forum was TOWN Residential CEO Andrew Heiberger. TOWN Residential was founded in 2010, has ten offices located throughout NYC and recently formed a partnership with the Miami based real estate firm Fortune international. TOWN focuses on marketing, selling and leasing high-end luxury residential properties and property developments. Mr. Heiberger says Chinese buyers are sensitive to real estate prices and typically look for properties that are in the range of $800 million to $2 million. He went on to say that the Real Estate Board of New York and the New York Attorney General’s Office highly regulate NYC brokerages making them more transparent so that consumers can be highly protected.

The panelist at the forum, which included brokers and developers such as Fredrik Eklund, Miki Naftali, Jonathan Simon, Stephen Kliegerman as well as Andrew Heiberger went on to explain how it can be difficult for foreigners to get financing to purchase real estate in NYC, so it helps if they come in with a lot of cash reserves. Currently many Chinese buyers are looking at properties in other parts of NYC outside of Manhattan as well as Harlem and Brooklyn. The panelist seemed to be satisfied with the current real estate market in NYC and even described what their dream home would be in the NYC.

Boraie Development LLC continues to thrive in the state of New Jersey

Founded by Omar Boraie, Boraie Development LLC continues to thrive with much success. However, entering real estate wasn’t of much an interest to the Egyptian immigrant. Boraie came to the United States, New Brunswick, New Jersey to be exact, to earn his Ph. D in Chemistry, but later came to realize that the real estate market was his ultimate calling. Boraie has his own real estate business called Boraie Development LLC which focuses on real estate development, sales, marketing, and property management. Boraie Development LLC forte is to only work with the strongest financial institutions, architects with vision and contractors who understand deadlines. Boraie Development LLC works to maintain their vision, capital and reliability to every project. Maintaining a track record for 30 years, Boraie Development has been known to be a developer most people want especially the state of New Jersey. Boraie Development LLC is all about the long term ownership commitment that has been used to attract residents, financial partners and tenants.

Their property management function includes: maintenance, leasing, administration, marketing, customer service and accounting. Boraie Realty subsidiary has sold over 150 million in commercial and residential transactions. Their investment process consists of four core pillars which include: supply and demand characteristics the team sees as rewarding or a risk. Dedication of civic leadership to revitalization of distressed areas is number two. Next is the ability to allow for purchase of scale across assets. Last is the urban market determined to have positive growth factors. Boraie Development even sparked the interest of retired NBA player, Shaquille O’Neal who partnered with the real estate development in 2014. He gave 25,000 to help the community of Atlantic City by reopening the Boys and Girls Club for their 2014 summer program. Boraie Development continues to be a success in the state of New Jersey. Boraie Development is committed to completing many more projects in the future.