It is everyone’s dream to own property at one point of their life. As such, the real estate industry seems to be one of the most lucrative businesses. However, not so many people want to invest in this industry. This is because demand and supply is never at par. But men like Omar Boraie have their two feet in the industry. He is determined to change communities with luxurious properties.
What inspired Omar Boraie to join the real estate industry is his passion for touching lives. Having been born in Egypt and raised in New Brunswick, he had seen the common challenges that face communities across continents. As such, he was determined to do something that would change lives. And, he decided that real estate was it.
Today, Omar Boraie owns a company of his own, Boraie Development LLC,. He is the CEO and president of this company, which manages a wide portfolio of properties. With this company, Boraie strives to see that no city or town they build in, is left unturned. So he decided to come up with strategies that would provide people with experiences that they never had before. He decided to bring in a mix of luxury to real estate.
If you keenly inspect his investment strategies, you will discover that he is highly interested in investing in small towns. This is because, there are tons of land that can be developed and because not many investors are want to risk investing in these areas, the land is relatively affordable. Getting land at an affordable cost is one of the reasons behind his huge success in the industry.
The other reason for such success is the ability to utilize the differentiation strategy. He does his research well, finding out what property owners would wish to get from various properties. He then harmonizes into world-class properties. See also.
Advertisement and marketing have also played a great role in the success of his company. Today, the company is said to have sold over $150 million worth of properties, both commercial and retail- with some of his best developments being Aspire and Albany Street Plaza. This has all been due to a great team of management professionals in all its functions.
What Omar Boraie has done is achieve total transformation of communities. Towns that were highly insecure are more secure today, thanks to his properties. You will find that people no longer fear walking in the streets, at night. This is because, the towns are well-lit by Boraie propertimes.
Other than being a successful real-estate businessman, Omar Boraie is also a philanthropist. He derives joy in improving the lives of people. He supports the State Theatre. In this way, he is able to create a platform for artists to showcase their creative work.
Also, having been a chemist in earlier years, he is interested in the health industry. He is the Chair of Rutgers Genomic science and has been one of the biggest contributors to the medicine research.