Boraie Development: Meeting Residential Real Estate Needs of New Brunswick
According to the Rutgers Magazine, the New Jersey real estate sector is looking up after years of facing a recession. The sector has the highest rate of home foreclosures and is extremely delinquent compared to the rest of the country. However, the real estate sector is currently improving. This improvement is attributed to increased job creation, increased formation of family units, and an increase in demand for housing units as compared to supply. Residents in the state are, therefore, hoping the supply crisis will soon be a thing of the past. Towns located around the NJ Transit station have seen an increase in housing demand because of proximity to transportation services. Residents are calling on real estate development companies to cater to the increased demand for affordable housing since rent rates have been increasing over the years.
About Boraie Development LLC
Real estate development companies have listened to forces in the New Jersey market and are working on increasing the number of available housing units in the state. One such company is Boraie Development LLC which has its headquarters in New Jersey. According to the company’s website, the firm has been in operation for the last 30 years, and it deals in real estate development, sales and marketing, real estate management. The firm funds its real estate development projects primarily from private sources, either from commercial banks or from its own capital. Consequently, clients can depend on the firm to deliver high quality residential projects in time. Boraie Development has a track record to match given that so far no one has complained of the company not delivering a project as it said it would. Visit the website at boraie.com.
Commitment to Deliver
Omar Boraie is the president of Boraie Development LLC. He has watched New Brunswick change over the last four decades and has committed to contribute to the growing economy by meeting its real estate needs. He says that when the company started out, people thought he was crazy. Back then, it was unsafe to walk on the streets of the city after 4pm. He together with others, however, believed in the potential of the city. Given that companies like Johnson and Johnson did not leave, he bought old, dilapidated buildings and started developing the. After years of committing to change the city’s real estate sector, he has managed to bring the feel of New York to New Jersey. Boraie Development recently completed its latest project in New Brunswick, The Aspire. The project is on Somerset Street and is made up of deluxe luxury high-rise residential units. It is created for millennials and professionals looking to enjoy the culture of downtown New Brunswick while enjoying the best the real estate sector has to offer.