Why Boraie Development Wants Brand New Housing Throughout New Jersey

There’s been a lot of issues facing New Jersey’s urban communities including how to address the cost of housing and how to fill in vacancies in cities like Newark and Atlantic City. One of the leading residential and commercial real estate investment and development companies working to address housing needs is Boraie Development, a firm that’s been headed by Omar Boraie and his family. This company is based in New Brunswick but their work spans across the whole state of New Jersey and is targeted at a variety of property buyers and tenants from business executives to college students. The latest development to start construction is the Beach at South Inlet which has luxurious housing amenities all with easy access to Atlantic City’s transportation and beach boardwalk. The Boraies have said the need for these newer rental units is to appeal to younger workers who have certain needs in the housing that older units don’t have, and many cities in New Jersey have units that haven’t been updated in decades. For more details visit Crunchbase.

When Omar Boraie first decided to take over vacant lots in New Brunswick and put new housing and office spaces in them, people thought it could never be done. Boraie did not even have a background in real estate. He was a chemistry professor who had come from Egypt to finish his doctorate at Rutgers University and had been surveying the New Brunswick housing market when this new vision for building came to him and he decided it was up to him to do it. New Brunswick was going through a time of decline and many downtown streets were not even safe to go out on at night. Even though most people said Omar Boraie’s rebuilding plans were going to fail, it was the decision of healthcare firm Johnson & Johnson to stay in the city that encouraged Boraie to go through with it. Check out Press of Atlantic City to see more.

Albany Street was the first place he started his revitalization project by erecting two 8-story towers on it, the first of which was completed in 1988 and the second in 2003. It’s this place where Boraie Development headquarters are located along with several other city operations and local shops and restaurants. Following this was a 25-story high rise apartment on Spring Street which surprised everyone by how fast it filled up with tenants, and then the Aspire and Heldrich also went into construction. Boraie has had close ties to Rutgers throughout his career, not only funding campus housing and academic building expansions, but also giving millions to their genomics research center. In his honor, the University granted him a permanent chair at the department.

Read more: https://www.crunchbase.com/organization/boraie-development

A New Era For Bradesco Bank Begins

Banco Bradesco was established in 1943 by Amador Aguiar. Aguiar also founded the Bradesco Foundation, which provides vocational and education to over 100,000 children and adults. The organization is now comprised of over 40 schools all over Brazil. The bank has extremely loyal employees who dedicate their lives to improving the bank and perfecting their professional and personal lives.

In October of 2017, Bradesco bank announced the retirement of one of these loyal and committed employees, Mr. Lazaro de Melo Bandao. Bandao has been with the company since its inception in 1942. He has been President of the Bradesco board of directors for 34 years, served the bank for 74 years and is going to celebrate his 92nd birthday this year.

The top position in the company will be passed to its current CEO Luiz Carlos Trabuco. However, Luiz Carlos Trabuco has reached the bank’s age limit for a CEO, which is 67 years old. In 2016, Bradesco changed its bylaws, which stated the maximum age for the CEO is 65. This was due to Bradesco bank’s acquisition of HSBC’s Brazilian unit was taking place. In March 2018, the new Chief Executive Officer will be chosen from the board of directors, which is comprised of 7 Vice Presidents. These individuals are highly qualified and include prominent banking figures including, Mauricio Machado de Minas, Alexandre da Silva Gluhar, Domingos Figueiredo Abreu, Josue Augusto Pancini, Marcelo de Arujo Noronha, Octavio de Lazari, and Andre Rodrgiues Cano. A majority of these executives have been with the bank for over 30 years.

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History of the Bank

Banco Bradesco is the first bank to introduce credit cards in Brazil. The banks traditions have always catered to the entire population of Brazil including the poor. Even if a segment was not the most profitable, but made the lives of its clients easier the bank continued the service. For example, at Bradesco, bank employees educate clients on every step in the banking process from depositing to even writing checks. The time, effort and attention to detail of every Bradesco client has led to it becoming one of the largest and most popular banks in Latin America. Luiz Carlos Trabuco maintains the culture of his predecessors in every aspect. He announced that his successor will be chosen using the banks usual process of promoting from within the company. This maintains loyalty and morale while ensuring the new CEO is well prepared and knowledgeable about the banks employees, clients and practices. The bank currently employs more than 100,000 individuals, manages over $60 billion in assets and is the second largest bank in Brazil.

Luiz Carlos Trabuco

Luiz Carlos Trabuco will take up the Presidency of the board of directors and mentor the new CEO. Luiz Carlos Trabuco was educated at the University of Sao Paulo where he earned his bachelor’s degree in Philosophy, Science and Letters. At the age of 18 he joined Bradesco and quickly ascended the ranks. In order to ascend even further he earned his masters in socio-psychology from the Foundation School of Sociology and Politics in Sao Paulo. In 2015, he was named “entrepreneur of the year” by Isto E’Dinheiro Magazine and in 2016 one of the best CEO’s in Brazil by Forbes Magazine. Luiz Carlos Trabuco’s incredible productivity and leadership qualities came from his ascension from within the company. He joined in 1969, and rose through the ranks from clerk to marketing director to CEO. He knows the ins and outs of Bradesco’s operations, employees and its clients. Today, Luiz Carlos Trabuco has ascended to the very top of the organization as President of the board of directors. He will be only the third man to reach the position in the banks 75-year history.

Find more about Luiz Carlos Trabuco: http://www.valor.com.br/financas/5153264/bradesco-novo-presidente-saira-do-corpo-executivo-afirma-trabuco

Securus Technologies: Improving Security with Wireless Containment Systems

Securus Technologies is the leading telecommunications provider in North American prisons. They have been awarded several times because of their innovation and development, and the up until the present, the company keeps on creating products that deliver what they have initially promised. Securus Technologies is known for their video calling technology that is being used inside North American correctional facilities, and the services that they provide to each inmate is considered as one of the best in the continent. However, the inmates have to pay for their credits before they can use the services from Securus Technologies. Jail authorities across the United States have praised the products and services offered by the company, stating that it helps them organize each prison better, and the security inside the correctional facility is becoming tougher with the use of products and services from Securus Technologies. Recently, the company unveiled their new product called the wireless containment systems, and it aims to stop the proliferation of contraband cell phones inside the correctional facilities. The brain behind the technology is an ex-jail officer who had first-hand experiences in dealing with prisoners who keep on illegally taking in cell phones inside the prison.


The ex-jail officer who thought about creating a wireless containment system for the prisons once had a tough stance on prisoners who have contraband cell phones. He would confiscate all of the illegal devices being used inside the correctional facility, and he will be ordering some of the jail guards to search through the prisoner’s personal belongings making sure that no contraband cell phones made it inside their cells. He is aware of how powerful contraband cell phones can be, even relaying a story about a male prisoner who called some of his men outside the prison to do something harmful to those who he thinks are his enemies. The ex-jail officer is also a victim of these prisoners. He was assaulted inside his house by two armed men who shot him six times in his stomach. He miraculously survived the incident and decided to join Securus Technologies instead to help the company develop additional products and services that can be used to protect the public.


Securus Technologies came up with the wireless containment systems that would block any incoming text or call to the phone number of a contraband cell phone. This way, the prisoner would have a hard time contacting their men outside. The ex-jail officer is hoping that with the implementation of the wireless containment system inside the North American correctional facilities, there would be more violence conducted by the prisoners towards citizens who are law abiding. Securus Technologies revealed that the banning of contraband cell phones would later result in lower crimes acorns the country.



Tony Petrello- CEO of Nabors industries

Anthony Petrello is a CEO and a philanthropist. He is the head of Nabors Industries drilling firm. This is the best firm in the world. The company is located in Texas. It has drilling operations in more than 25 countries. It is the largest company in the country that has been dealing with oil and natural gas drilling. As a leader in the drilling industry, he is leading the world in coming up with measures that will transform the industry. Anthony Petrello is a brilliant manager who has been able to transform the company into a global company that has the best drilling rigs in the world.

Tony Petrello was born in New Jersey. He was born in a humble family. He showed great ability to solve mathematical problems when he was very young. He was a genius in mathematics. He could solve mathematics reserved for the highly learned in the society. His brilliance in solving mathematics saw him join the Yale University on scholarship. He managed to succeed in his education and graduated from the university with masters in mathematics. On top of that, he managed to work with professor Serge Lange in proving a number of mathematical theories. His time at Yale University was marked by great achievements. He managed to work on mathematical problems that no other student in the university could handle. The Real Story Behind Anthony Petrello’s Success as CEO of Nabors Industries
Even with his brilliance in mathematics, Anthony Petrello decided that he would change his career. He moved from mathematics and joined law schools. He wanted to study law. He went to the Harvard Law School. He graduated with a Juris Doctor. He then joined law a firm in New York where he worked as a lawyer and later as the managing partner of the firm. Tony Petrello specialized in business litigation. He mostly dealt with cases of taxation. He managed to help many businesses in the country with such issues. He portrayed brilliance that attracted the managers of Nabors industries. This is when they offered him a job at their company.

Anthony Petrello joined the company in 1991. He was appointed the chief operating officer of the firm. His role was to streamline the business operations of the firm. Anthony Petrello performed his role very well. He has enabled the company to grow very well. Nabors Industries is now the best company in the world. Through his efforts the company has implemented a number of measures intended to have the company compete on a global platform, his efforts were rewarded with the appointment to the board of directors and later as the CEO in 2011. Every Dollar to Newark Academy’s Rise & Flourish Campaign Matched in 2017


Samuel Strauch And His Miami Real Estate Expertise

Samuel Strauch has been on the cutting edge of real estate for many years, and he knows how to make the most of the Miami real estate market. He has been very good at working in this market, and he has a track record that shows that he knows what he is going. Someone who wants to get the best advice for this market can get it from this man, and they can chat with him based on his incredible resume.

Samuel Strauch is a graduate of Hofstra University, and he has a long trail of work experience that includes his family’s company in Florida and the South American market. He knew that he wanted to be in Florida where he could do the most good in a growing market, and he has been very good with people who come to the area looking to invest.

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The bext best thing that someone can do is to ask him how they can make the most money on their investments. Samuel Strauch started Metrik Real Estate because he wanted to be able to help people with things that would make their portfolios grow. His work is vital in Miami, Florida because it helps people have the best experience no matter what that might be. This also means that someone who is trying to have a better experience investing can work through his company and his connections. His blend of experience and expertise shows that Samuel Strauch can help anyone make money in Miami real estate.

From Michigan Politics to Washington D.C., the Rise of Betsy DeVos.

An analysis of the future of the United States really relies upon looking closely at those in charge at the top. Donald Trump rose to the occasion in the 2016 Presidential Election in order to fundamentally transform the Republican Party platform. Donald Trump fundamentally changed the direction of the GOP by touting an ‘anti-establishment’ focus while also promising to ‘drain the swamp’, thereby getting rid of all the old hats in Washington D.C. Of course, in order to fulfill his promise President Trump needed to bring in a team of outsiders that could fulfill his agenda. One of the biggest outsiders, and summarily one of the most important, is Betsy DeVos — the person tapped to lead the Department of Education as the Secretary of Education.


Betsy DeVos was born and raised in a small town in Michigan. She was raised with a close family that focused on reformation, religion, and education. Sister to Erik Prince, of Blackwater fame, and wife to Dick DeVos, of the Amway founding family, Betsy DeVos was not one who had to work another day in her life — if she had so chosen. Instead, Betsy DeVos put all of her cards on the table in order to fight back for what she had developed a decades-long passion for: education reformation.


Betsy DeVos would go on to attend Calvin College and it was there that she began to learn about Milton Friedman, one of the first voices to begin the discussion on ‘school choice‘. Friedman argued against government intervention in the role of public education and he argued that schools should be allowed to take care of themselves, thus offering students and faculty the chance to find the school of their choice — rather than the one picked out for them. Betsy and her husband Dick would become champions of Friedman’s work and they would single-handedly help to bring the ideas back into the mainstream. As a result, school choice has exploded in popularity across the nation. Now, DeVos proudly points out, school choice programs exist in 17 states in America with more than 250,000 students enrolled in the programs. Of course, the majority of those students and establishments are located in Detroit due to DeVos’ attention on the region.


Working as the chairwoman of the Michigan Republican Party helped to put DeVos on the map in a national way, but her fiery defense of school choice was the concept that put her onto President Trump’s radar. President Trump quickly tapped Betsy DeVos to be his Secretary of Education and after a narrow confirmation meeting, which was broken by a vote from VP Mike Pence, DeVos took her office. Now, all eyes are on Betsy DeVos as she is being charged with leading, perhaps, the most important division of the American government. What Betsy DeVos does with the next two to six years will fundamentally change the future of American education. As a result, DeVos knows that she has her work cut out for her and has wasted no time in getting down to business. Learn more: http://enablediversity.com/2017/08/11/dick-devos-reveals-the-staggering-amounts-of-money-he-donated-to-charity/

Eric Lefkofsky Is Spearheading A Revolution

The current approach to treating cancer is incredibly outdated and seems to offer patients no way to see their needs met as an individual. This is something Eric Lefkofsky does not want to see anymore. He is spearheading a movement to treat cancer patients as individuals and to provide them with solutions specifically meant for their bodies. His approach has given the world with Tempus. This new biotech company is creating the exact sort of solutions we’re going to need in order to successfully eradicate cancer. Lefkofsky has certainly proven he understands how to generate wealth, but this will be a test of his ability to solve some of the world’s longest standing problems.

Tempus approaches cancer from a genetic and lifestyle perspective. Everybody is different and everybody needs a solution meant for them. He solves the problems of cancer therapy by making sure every patient gets the side effects and other issues that might come up checked out. This keeps them from falling prey to a number of common issues such as ineffective treatment or undesirable side effects. The results of his work are easy to see. Patients are doing much better when doctors decide to use Tempus compared to what they experience before hand.

Eric Lefkofsky didn’t make himself a billionaire by refusing to see what opportunities there are and taking them. He understands when to take risks and try something new. His previous projects include everything from tech startups like Groupon to actual investment firms. Regardless of what he does Lefkofsky seems to succeed and go full steam ahead. There’s plenty of reason people learn from him and take his ideas as the necessary background to ambitious movements. He understands how to make things happen and he takes the time to invest wisely. This revolution in medicine he’s spearheading is going to be talked about for a long time to come. The current approach to medicine doesn’t seem to be generating much in terms of results for cancer patients, but he just might be able to change things for them thanks to his new way of doing things.

Details: Facebook.com/eplefkofsky/

Boraie Apartment Project Rises In Atlantic City

Atlantic City has been one of the most challenging places for real estate developers to gain a foothold. Now, one New Jersey-based real estate developer is making waves by opening the first market-rate apartment in a quarter of a century.

Boraie Development LLC has broken ground on what will be known as The Beach at South Inlet. This over $80 million dollar project is no ordinary apartment development. With modern amenities such as a community gym and pool as well as a well-appointed lounge for the residents, this new development will bring a new level of modern and upscale living in the area.

Atlantic City is currently home to about 38,000 residents and the 250-unit apartment development is expected to draw interest from the professional demographic within the city. As non-gaming developments go, The Beach at South Inlet will be one of the highest profile projects to rise in the city.

Another appeal of the new development is the fact that 60% of the residential units in Atlantic City are over 40 years old. As the newest development in the city, Boraie’s apartment project should attract residents willing to pay a premium to live in a new building.

The development is also a part of the turnaround happening in Atlantic City. With the closing of some of the city’s biggest casino resorts, The Beach at South Inlet will offer some optimism as well as a jolt to the city’s economic development. For more details visit Bloomberg.

According to NY Times, Boraie Development LLC is one of the leaders in the urban real estate development market in New Jersey. With large-scale projects in cities such as Newark and New Brunswick, Sam Boraie has been instrumental in the economic turnaround of several New Jerse metro areas. Projects developed by Boraie include The Aspire in New Brunswick, One Rector Street in Newark, and The Estates at Waverly Place.

In addition to their development division, Boraie Development LLC also operates a property management division that serves each of their developments in maintenance, administration, accounting, marketing, leasing and residence services. This ensures that each Boraie development maintains a high level of service and quality for its residents.

Finally, Boraie operates an urban investment strategy which helps develop or acquire properties to fill the growing demands of diverse urban centers. From financial restructuring to master planning, Boraie has helped bring retail, residential, and student housing to areas overlooked by other developers. You can search on Yahoo to see more.

See more: https://www.statetheatrenj.org/board-of-trustees