Omar Boraie was formally trained as a chemist in his home country of Egypt. When he came to the United States in 1970 to study for his doctorate degree, he found a new profession in real estate. He never returned to chemistry and now he, and three of his grown children all work together in one of the most successful commercial real estate development companies in the area.
Over one million square feet of residential and commercial have been built by Omar and his firm with the bulk of the projects being constructed in the New Brunswick area. Boraie Development, LLC is one of the more prominent real estate development firms in the New Brunswick and Atlantic City region in New Jersey.
The Boraie Development real estate company is a unique company, indeed. Led by its founder, Omar Boraie, the company vision is to commit a great deal of its own capital and reliability to each and every project. This is an unusual step in the commercial real estate field on njspotlight.com, as the usual plan for many developers is to rely upon total funding of banking interests and other, outside investors. Boraie always has a sizeable portion of the funding coming from their own pockets.
A successful track record of over 30 years has made Boraie Development on of the most in-demand developers in New Jersey. A key factor in the firm’s success has been that a hands-on management of the properties after they are built is a very important aspect of the company’s overall strategy. The property management details are carried out by Boraie in a great amount of detail to ensure that the properties live up to their billing and that the project is successful for years to come.
Read more: Omar Boraie Chair in Genomic Science Established at Rutgers Cancer Institute
Another vital area which contributes to the overall success of the Boraie company is the sales and marketing division. Over $150 million in commercial and residential real estate on boraie.com has been sold over the years. The sales division works exceptionally well with the development and property management portions of the firm. It is vital that all of the divisions of the company work together, which ties the overall direction to moving in the same direction at all times.
There is a purposeful move by Omar Boraie and Boraie Development toward the acquisition and development of urban and inner-city properties. All manner of properties are being sought and purchased, and thus revamped to serve the many needs of a burgeoning inner city population.
Omar Boraie has come a long way from his earlier dream of becoming a chemist. His impeccable track record and the good he has done for the areas speak for themselves. It is likely that the same effort will continue on for years, as his family is poised to continue for a long time to come.