After Boraie Development was able to make New Brunswick a better place than it had ever been, the company knew it was time to help out a new city. Atlantic City was a place for people to go and was somewhere people could feel good about while they were working on different things. It was also something that gave Boraie Development the ability to try their best with the business and with the things they were doing. Thanks to Boraie Development, New Brunswick was able to continue working hard and they were able to see the crime rates they had decrease.
Atlantic City did not have the same crime problems as New Brunswick, but their crime rate was just as bad as what it had been in the past for New Brunswick. In fact, it was actually worse than what other people had learned about the different things that were going on. Omar Boraie wanted to help Atlantic City and the city needed Boraie Development to help them increase the things they were doing. They knew they would have to try and help people through the different things that were going on if they wanted Atlantic City to get better than what it was before. For more details visit Crunchbase.
As long as there was hope for decreasing crime and increasing population, Boraie Development had the ability to make sure they were giving the most positive experiences possible. They knew their business was a great influence on the city and on the things that were available for residents of the city but they also wanted to make sure they were giving the tourists something they could do to change the way that things were going to work for everyone in the city. Things worked in their favor and they were able to make Atlantic City better. Check out State Theatre New Jersey to know more.
While Atlantic City still has a long way to go, so did New Brunswick. The city had struggled for a long time and there were many issues people would have to overcome if they were going to reach certain levels on their own. New Brunswick saw changes in the way things were going and so did Atlantic City. Boraie Development played a big role in each of these things and that’s what gave them the motivation they needed to keep going and working toward a better future for the city and the people who lived in each of the cities.
Read more: https://www.crunchbase.com/organization/boraie-development
Multi-family units are greatly in demand in NYC Real Estate as per a recent article which indicated a sharp increase in the price of these homes. In September 2015, multi-family home sales were $1.7 billion which is over a 90% increase in the price from August 2015. This was at least partly as a result of seasonal variations in sales as prices had actually decreased by about 5% from the prior year with Manhattan leading the way. Some of the outer boroughs had a slower movement than in Manhattan with Queens and the Bronx having lower sales.
Overall, 60 transactions were made during September in which approximately 140 multi-family units were sold. This trend is expected to continue into the fourth quarter of 2015. Some larger sales skewed the marked in November, with a $90 billion transaction consisting of 24 buildings that was purchased by Blackstone Group and Fairstead Capital.
As we have seen there is a limit on the number of multi-family homes on the market in New York City and they are greatly in demand. While this can lead to higher overall prices, high real estate prices provide an advantage to those who can obtain financing and can rent out the property to others looking for rental properties. Finding one of these units is difficult but the right real estate broker can help you to find the right multi-family home in e borough of your choosing. Town Residential Real Estate is a trusted real estate agent with extensive experience in the New York City market and can help you to find a multi-family unit that meets your needs and can help to refer you to a lender who feels comfortable in providing loans for multi-family units.
Multi-family units are significantly more challenging than traditional homes for buyers, brokers, and lenders. Town Residential Real Estate can help a buyer understand the process of owning a multi-family home and to work out what is typically involved in the typical purchase of one. There are many nuances associated with the process such a understanding any existing leases or liens on the property, working through landlord insurance policies, and obtaining financing for the purchase of the multi-family unit. Having a real estate agent like Town Residential Real Estate that has a lot of experience in the industry can greatly streamline your process and ease many of the challenges that you have in owning a multi-family home.