Category Archives: Real Estate Predictions

DAMAC Owner Hussain Sajwani is Astride the Real Estate Arena

Being one of the richest and most influential Arabs in the world isn’t something simply handed to a person. DAMAC owner Hussain Sajwani has created his real estate empire by following in the steps of the hard-working entrepreneurs of the world. For each success he has enjoyed, there preceded a grueling journey of education, working for others, and above all, vision and risk taking. However, taking risks isn’t something one does in a wild manner. DAMAC owner Hussain Sajwani believes that sticking to simple routines is the marrow that will enrich his business ventures and make his risks pay off in spectacular fashion.

Sajwani began like most young people. He worked after school. In his case, he helped his father, also an entrepreneur, sell watches. Grinding it out after school, however, didn’t detract from Hussain Sajwani’s thirst for education. He excelled in the classroom to the point where he was noticed by the UAE, and in fact became one of their first students to be sent to the United States to further his education. He touched down in the great northwest and studied at the University of Washington, graduating with degrees in Industrial Engineering and Economics.

Itching to immerses himself in the workforce, DAMAC owner Hussain Sajwani rolled up his sleeves and began punching the clock for a financial institution. After gaining vital experience the natural next step was to start his own business. He did so by running a catering operation that was so successful it served 150,000 meals per day. Once Hussain Sajwani realized that setting a course and seeing it through to fruition was a healthy business foundation, he set his sights on the massive and intimidating real estate arena. Again, starting small, Sajwani began developing a string of hotels. When the real estate market opened up to the EAU in the early 2000s, Hussain Sajwani pounced. He created DAMAC, and today DAMAC owner Hussain Sajwani stands astride of the real estate world, with plans on expanding into China. Hussain has proven that a person carves out their standing in this world with ethics and hard work, no matter the starting point.

More: http://www.alkhaleej.ae/economics/page/fe8c106f-a20f-4223-9ff9-0cf88df61a45

Jason Halpern; A Real Estate Developer

Jason is the managing partner and founder of the JHM development. He has a background in real estate as his family has been involved in the real estate business for more than 50 years. His family has managed to build different properties in New York City.

Jason Halpern with His Wife

With the stellar record on real estate, Jason decided to create his own real estate company. His company has acquired different properties. Under his leadership, the company has pioneered the development of various landmark buildings.

What stands between Jason and the other developers is his passion and desire to build historical buildings. It is his character that has enabled him to succeed in his different projects. He begins by building rapport with the different cities where he will establish projects. He does this while respecting the city’s history. The guiding principal for his company is respecting the community they are working with.

Jason Halpern: Real Estate Entrepreneur

In addition to being an excellent real estate developer, he is also a philanthropist. He has committed his personal time to charity work. He has been involved with the Joel A Halpern Trauma Center. This is a level 1 trauma center which has the facilities to offer open heart surgery, orthopedic surgery, and complex emergency neurosurgery. The center also has a capacity of dealing with the burn victims and the pregnant women and the children.

He has been involved with different philanthropic work via his company. In 2015, using his company, he launched a partnership with global water which will be supporting the people in Ethiopia and Nepal. His company will be donating $20,000 of every contract at the Miami Based residential development.

 

JHM Development

This is a company that is focused on providing real estate development. With an innovative approach to providing luxury, the company has been a pioneer in the development of the desirable properties in different areas including Miami and Manhattan.

Jason Halpern with Model, Milana and Richard

The company has a strategic process that enables them to deliver great work every time. They start off with establishing a strategy, site building design, construction and marketing of the available spaces. The company has a team that is well knowledgeable with real estate.

The company has been involved in different projects including;

v The 184 Kent which is a 340 luxury apartments for rental. The building itself was built in 1913 and it the largest grocery store in the United States.

v South Beach Starwood Hotel in Miami

v Three hundred Collins

v 2901 Indian Creek Drive; Jason Halpern sold this property for $ 7.75 million. The selling of the property has brought the project of building a condo in Miami Beach.

v 70 Henry; the project was approved in 2015. After completion, it will be a boutique condominium.

How Jason Halpern’s Experience has facilitated his Success in the Real Estate Development Sector

Jason Halpern: Property Developer

The real estate development industry has been evolving in the recent years, and professionals need to be innovative for them to attain success. Jason Halpern is among the real estate developers who have a success story to tell. He is a resident of Brooklyn, New York and owns JMH Development, which is a renowned enterprise in the industry. Halpern’s company has completed several real estate projects in the past three decades that it has been operational. The firm has specialized in the developing both commercial and residential properties that meet the market’s demands. Jason is the MD of his business, and his administration has led it to success. The performance of JMH Development is motivated by the unparalleled strategies that he uses. The company has focused on renovating old properties into state-of-the-art buildings that are sold or rented to clients. It has been working with communities whenever it needs to reconstruct any historical building that is important to them. The firm has also been trying to retain the main historical features of the structures that it renovates.

Jason Halpern with Crunchbase Production

Mr. Halpern’s great industry accomplishments have been facilitated by his background. Most of his family members are real estate development professionals, and his father had a construction company that was called Halpern Enterprises. The firm developed several commercial and residential properties in New York, Manhattan, and Brooklyn. Jason’s success as a real estate developer can also be attributed to his focus on renovating historic buildings.JMH Development has managed to complete a couple of the real estate projects. It was involved in the renovation of an old warehouse at 184 Kent Avenue. The property was a landmark in the region and was on the National Historic Register.

From Right-DanieldelaVega, AvivSiso, Laura Garcia, LouisBuckworth, ThomasJuulHansen and JasonHalpern

The significance of the building made Halpern to involve the locals before its renovation began. The 184 Kent Avenue building was transformed into a top-notch residential property that is made of about 340 apartments. Some of the houses were purchased while others were rented out. JMH Development’s innovation in the renovation of the building was recognized at the Building Brooklyn Awards. The renovated property still displays some of its original features.Jason Halpern’s firm also bought Motel Ankara and renovated it to create the luxurious Aloft South Beach.

Jason Halpern with Model Milana and Richard

The property had more than 235 rooms, and it was launched in 2005. It was located a few meters from the Miami Beach, and this made it be preferred by many clients. Aloft South Beach was reconstructed to have eight more stories than Motel Ankara, but they had some similarities. The hotel was closed a few years ago. Mr. Halpern is currently conducting other great projects in various cities across the United States. He understands the real estate needs of differed markets.

Ways the New York Real Estate Market Will Change in 2016

The new year brings changes, and that is just as true for the New York Real Estate market. According to New York Daily News there are some trends and changes that buyers and sellers should be aware of in the coming year.

The first thing that will happen is that rising interest rates will cause buyers to slow down, which will cause prices to lower. While deals will still be made, they will be harder to close, as buyers will be more reluctant to make them. It will be harder to sell. Homes that sold during the first open house may take several weeks to a month to find a buyer.

There will also be a larger gap in the expectations of sellers. Sellers are likely to be either very realistic or have pie in the sky expectations. Because the market is softening one of the biggest changes is that buyers will focus more on prime locations, in part because prices are expected to be low. Even so, baby boomers, who often pay in cash will still be an important part of the market as both buyers and sellers. They buy residences in the city to be closer to their families or move out to the suburbs and sell their property in the city.

New rentals will try to tempt prospective buyers away from buying and towards renting by offering special incentives. Incentives such as reduced fees and deposits, as well as free rent for the first month or so are sure to entice many prospective buyers away.

Demand for luxury condos, which are generally in the 10 million price range and up will continue to grow. Additionally, the demand for entry level luxury condos, which are priced between one and three million, will also continue to grow.

Town Real Estate is a real estate company that specializes in the buying and selling of luxury condos and apartments in the New York City area. They are especially equipped to handle the kinds of changes that this market brings.

The team of experts at Town Real Estate deals with a diverse range of real estate properties in the NYC apartments for sale and luxury market. They have experts who deal exclusively in sales, new developments, and in commercial real estate. They can help you buy and sell luxury real estate easily and efficiently.