Category Archives: Shaq

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.