Boraie Development provides services that benefit all areas of the urban real estate market. Their major service offerings fall under the umbrella of sales, marketing, real estate development, and property management. Their mission is to provide stellar real estate services and expert customer service to all their clients.
The company’s Atlantic City project will bring 250 apartments to the city. It marks the first time in 25 years where a first market-rate development takes place. The Press of Atlantic City, a successful news outlet, embarked on a site tour at the new location called Beach at South Inlet. The new complex costs $81 million to build and is strategically located close to the Pacific and Atlantic oceans, Connecticut, and New Jersey. The site will serve over 50,000 people that work in and near the resort area.
After a 10-year slide in real estate development, this could be a sign that the city is coming back to life. The areas gaming industry lost considerable ground to successful casinos in neighboring states. On the bright side, casino closings have been able to right the industry’s economy as more people spend money on surrounding businesses.
The company works with strong financial institutions, architects, and building visionaries who know how to get the tough jobs done. Across the nation, there is more demand for diverse urban living. Expect more deals that will include creative financial structuring and creative master planning. As such, Boraie Development is on the constant lookout to develop student housing, residential properties, hotels, and other mixed-use developments. For more details visit Crunchbase.
Their company philosophy rests on pillars that include a revitalization of distressed areas, dedication of civic leadership, and purchases of assets that scale across. Their focus is also on urban markets that are looking for positive-growth opportunities.
According to records, Boraie Development has an annual revenue of nearly $10 million. The company’s headquarters is in New Brunswick, New Jersey. The company employs 35 people.