Category Archives: Real Estate

Home / Real Estate
8 Posts

Hussain Sajwani is an Emirati investor who is regarded as being the 4th richest Arab and has been instrumental in shaping the operations of DAMAC Properties. He serves as both DAMAC Owner and chairman. The group was founded in 2002 and has over the years registered impressive performances in different countries. The group has active operations in countries such as the United Kingdom, Jordan, Lebanon, and Qatar. The proprieties are located in a prime location and offer huge prospects for earning high returns in terms of rents and resale values. DAMAC Owner is credited for creating a posi6tve organizational culture and engaging the services of a professional team. Currently, the group has delivered more than 24, 000 units to customers.

Hussain Sajwani was born in Emirates and later attended the University of Washington. After graduating with a degree in economics and engendering, he moved back to Emirates, in the early years, he served as the manager of GASSCO. However, he resigned and created the Global Logistic Ventures. The group has an interest in the hotel and catering sector. DAMAC Owner is widely known for his contribution in managing the operations of DAMAC Properties. In 2016, the group was regarded as being one of the fastest growing global companies by Forbes. Over the years, it has remained in its objective of offering quality and unique designs to the clients.

Services Offered by DAMAC Properties

Hussain Sajwani is an innovative leader and is credited with the introduction of different products. The high-end properties are located in prime locations such as London and Dubai. The investors have the option of choosing from residential, commercial and luxury products. In the case of the luxury products, there is the option of investing in furnished hotel rooms, hotel apartments, and hotel villas. The high-end products are of quality designs and conform to the interests of diverse clients. Investing in the products thus offers the guarantee that the investors would reap huge earnings from rents or reselling the properties. Based on the operations of the group, Hussain Sajwani appears to have exceptional leadership and entrepreneurial skills.

Article reference: https://www.albayan.ae/economy/local-market/2018-02-12-1.3184075

As the founder and chairman of DAMAC Properties, Hussain Sajwani is a leader in the field of property development. The United Arab Emirates (UAE) national was educated at the University of Washington before beginning his career as a Contracts Manager at GASCO, a branch of the Abu Dhabi National Oil Company. After a brief time in the corporate world, Sajwani began his own company specializing in catering in 1982.

The catering company started by Hussain Sajwani experienced great success and quickly established itself as a regional leader serving over 150,000 meals on a daily basis throughout the Middle East and Africa. As the catering venture began to rapidly expand, Sajwani turned his efforts to establish his business of property market expansion. In an article published at Saudi Projects, it says that this sector of the business was centered in Dubai, as Sajwani recognized the need to provide hotels to accommodate the escalating amount of people arriving in the area to conduct business. The concept took off and Sajwani established DAMAC Properties,

As DAMAC owner, Hussain Sajwani has positioned the company in key strategic markets including Abu Dhabi, Doha, London, Dubai, Beirut, Amman, and more. Employing nearly 2,000 people, the company is traded on the Dubai Financial Market. DAMAC owner Hussain Sajawni has led the exponential growth of the company partnering with some of the most prestigious names in the business such as a Tiger Woods-designed golf course and premium villas expertly styled by Bugatti.

One of DAMAC owner‘s Hussain Sajwani’s most heralded developments is the wholly-owned

AYKON Maldives Resort. This luxurious property boasts a five-star resort hotel featuring 100 premium suites, water villas, and bungalows, making it a premier destination for dining and other recreational opportunities.

Sajwani is widely recognized for his many achievements in the field of entrepreneurship. Listed as one of the most influential Arabs, Sajwani continually exemplifies true leadership in the corporate world.

Important source: albayan.ae/economy/local-market/2018-02-12-1.3184075

Hussain Sajwani commenced working at his father’s shop in the Deira Souq at the young age of 3 years. The terrible experience drove him far away from business issues until the point that he, in the end, realized that the entrepreneurial enthusiasm was in his soul. He graduated from the renowned university of Washington. After a short period, he established his own business of catering in 1982.

Hussain Sajwani was one of the makers of the property market development in country of Dubai. In mid-90’s, he established a few hotels to offer accommodation and lodging to the many individuals coming to Dubai for work matters together with the trade issues. In the year 2002, Hussain Sajwani, the DAMAC Owner, knew the market well enough and built up Damac Properties, which has since grown into the one of the biggest property development organization in the Dubai. Damac Properties provides jobs for about 2000 employees; a Damac property is a public-listed firm with shares exchanged on the Dubai Financial Market. The organization has a magnificent track record in the property development market and up-to-date, the company has built more than 20,230 houses with a development portfolio of more than 44,000 units at various phases of planning and arranging.

The Damac properties founder got together with Donald Trump in the year 2013 and managed to develop the two Trump golf courses in Dubai, since then, they have been close friends and good business partners.

According to Albayan, Damac Properties has at many times supported the efforts of His Highness Sheik Mohammed to enhance and advance the lives of other people, especially in the Holy month of Ramadhan. Because of that, Damac properties team gave out more than 40000 warm clothing to children and adults who needed them.

The clothing campaign was started together with the assistance of the Emirates Red Crescent, a humanitarian association which got established in 1983. The campaign raised an amount of AED 120 million.

Full details: http://www.roayahnews.com/

Brazil is a nation that is developing rapidly. Many people are moving to Brazil in search of a better life. Not only is the economy improving, but taxes are low throughout the country.José Auriemo Neto has lived in Brazil for his entire life. He is excited about the different possibilities for the future. He is currently on the board of directors at JHSF. JHSF is a thriving company in Brazil.José Auriemo Neto worked hard to get where he is today. He started from the bottom of a company and worked his way to the top.

College Life

José Auriemo Neto decided to attend college for several reasons. He wanted more job opportunities than his parents had. His parents were farmers during his childhood. Although it is possible to make money farming, it is a problematic business for various reasons. One bad year of weather can cause a farmer to go bankrupt.While José Auriemo Neto was in college, he had to work multiple jobs to pay for tuition and his bills. Although it was hard to juggle both work and school, he was able to graduate with a degree in business.

Impacting Others

José Auriemo Neto loves to help other people in the community. He is passionate about various issues. He firmly believes that all children should have access to quality education. Numerous children in Brazil struggle to graduate from school. Most children have to work to support their families.In the coming years, José Auriemo Neto has many plans for JHSF. The company is expanding, and José Auriemo Neto strongly believes that JHSF could become one of the largest companies in Brazil.

José ‘Zeco’ Auriemo Neto is a very busy executive. He wakes up early and shortly after eight in the morning is already working in his office, located in a busy street in the city of São Paulo. Jose is wrapped in projects, meetings and papers until around 10 at night and it is not uncommon for him to work even later.Zeco’s routine, as it is known by his friends, is only broken when he goes to visit the construction site or present a venture to some investor, he rarely takes vacations.

One time he and his family traveled to France and he took the opportunity to schedule meetings with European investors.Joses Childhood was very hectic. His father was teaching him how to drive at the age of 9 and by the age of 10 was already driving on the beach and on the family farm. At 17, he was already involved in decision-making in the family business, even creating the JHSF parking development.At the age of 27, in 2003, Zeco became the President in place of his father, Fábio Auriemo.

As time went on, the company started to invest in different segments besides buildings: real estate incorporations, management of shopping centers, hotels, restaurants and even management of an airport are among the branches of operation in the company. Despite all his daily commitments, Zeco is devoted to spending time with his family. During his free time, the businessman likes to play golf, and spend time with his kids.

Read full article : http://vejasp.abril.com.br/cidades/jose-auriemo-neto-presidente-da-jhsf-novo-rei-do-luxo-paulistano/

Jason Halpern is a well-informed and experienced professional in the construction of real estates. His family has many specialists in the industry,

Jason Halpern: Real Estate Entrepreneur

and they own a company that has been inherited for generations. They have been in the real estate construction business for approximately five decades. Halpern’s family owns and manages a construction company that has established more than one hundred residential and commercial premises that are in New York and Westchester County. The development firm also has state-of-the-art properties that provide millions of square feet space that is leased to people who require commercial space.

 

Mr. Halpern started his real estate development careers by serving Halpern Development, which was owned by his family. In the 1990s he became the founder of JMH Development, which is now renowned for establishing top-notch real estate properties in the major residential and tourist cities. The areas where it has constructed buildings include Brooklyn, Manhattan, and Miami. Jason’s company has been purchasing land and historical properties and transforming them into modern structures. JMH Development has been completing its projects by joining efforts with other enterprises in the industry. The residential units that they establish are either sold or leased to people. The business is also focused on providing jobs to the residents of the cities and towns where it conducts its construction projects.

 

Jason’s Family

JMH Development has an excellent record of establishing several renowned real estates. One of these properties is the lavish Aloft South Beach hotel, which was created by reconstructing the Motel Ankara. JMH Development worked on the project with companies such as Plaza Construction, ADD, Inc., and Madden Real Estate Adventures. The property that is based at Miami Beach has over 235 rooms, and it is located close to the Lake Pancoast and Collins Canal. The real estate development firm also constructed a magnificent residential apartment at 184 Kent Avenue. The property was established by transforming an old warehouse. The building is in the Brooklyn area, and it consists of 340 top-notch housing units. The company refurbished the Townhouses of Cobble Hill and changed it into nine classy townhouses.

 

Jason Halpern with His Wife

Jason is a charitable person and has been showing his support to communities in the United States and the rest of the world. He currently supports the Joel A. Halpern Trauma Center. The facility is a well-established Level 1 Trauma Center that has the best machinery and doctors to attend to emergency heart problems. The services that it provides include open heart surgery, neurosurgery, orthopedic surgery, as well as treating fractures, and internal bleeding. JMH Development has also been involved in charitable activities. It currently runs a program to supply clean water to the people of Nepal and Egypt.

 

In an industry response to deal with title defects, Nationwide Title Clearing (NTC), Inc. has announced the release of their new website which features residential property records that are easily accessible and accurate. Nationwide Title Clearing is the United State leading provider of property records that are needed by the mortgage and real estate industries in order to facilitate the buying and selling of properties.

Title defects are a serious concern in these industries. They usually occur when someone lays claim to a property that is actually owned by someone else. Title defects can hold up the closing of a home until the issue is resolved. Other times that property defects occur is when the document wording does not fit industry standards, it’s missing required signatures, older resolved liens have not been removed, and failure to correctly record or file the real estate documents.

Because title defects cause such a problem when closing a home, it’s important that they’re accurate. The Chief Executive Officer of NTC said that it’s vital to make sure titles are accurate before the property is sold or transferred. He elaborated that his company obtains the data they use from several sources, with the most important being county records. The records are then reviewed through automation that is backed up by human verification. Furthermore, the new online website is able to determine exactly what documents the user needs even when they fill in the online forms incorrectly, which saves money from unnecessary reports being inadvertently ordered.

NTC was founded in 1991 in Palm Harbor, Florida. The company is privately held recently opened another office in Dallas, Texas. This location has a data center that backs up the data stored in Palm Harbor. NTC went to this expense in order to ensure that a major disaster doesn’t wipe out the data they have on every residential property in the United States. They can have the data in both locations as well as staff in both locations so that a major disruption can be smoothly dealt with.

NTC offers its employees constant training opportunities. They now offer some of their robust training in a two-day training program that they offer to companies in the lending, investing, and mortgage industries. The program is overseen by Dave LaRose who is the company’s Vice President of Technical Excellence.

 

Recent news say that a company known as Middlesex County Improvement Authority from the United States has not been able to pay its loan. The loan taken was one million dollars, and the interest has accrued to twenty million. Another institution, known as Casino Reinvestment Development Authority was also given a loan. Reports posted in Press of Atlantic City say that the loans were issued in the year 2005, and both institutions have not been able to pay. The loan given to Middlesex County Improvement Authority was meant for the construction of Heldrich.
Heldrich is a new project that is expected to change the lives of many individuals in the city. Upon completion, the building would serve as a conference room and hotel for the guests and other individuals who will be visiting.

Stephen Sweeney, the current senate president of the area says that the actions by these companies should not be entertained. According to Stephen Sweeney, the action by the private companies was actually a clever way of acquiring public money to execute some of their large projects. Rumors say that another private institution called Atlantic Development Corp is planning to get more public funds to execute its private project. The loan is expected to be around two hundred million dollars.

The case is already in court, and the two accused institution have already hired a lawyer, Christopher Paladino to defend them. Paladino is one of the most popular lawyers in the city, and the reports say that he was in charge of helping the companies get the loans when they needed them. According to Paladino, his clients are planning to pay the loan and all the interest accumulated, but he says that this would take several years. The projects are still not completed, and they have not been able to make profits.
Heldrich, one of the projects is a building that has two hundred rooms, and it was completed in 2007. The financial crisis had just started, and it was tough for the hotel to make money during such a time.

The New Brunswick Development Corporation, also referred to as Devco is a private non-profit making company. The company specializes in the real estate industry, and it was founded in the 1970s.